SUBSCRIBERS
China slowdown has some US investors moving to consumer stocks
Published Wed, Aug 12, 2015 · 09:50 PM
Boston
THE slowdown in the Chinese economy, which prompted the Chinese government to devalue the yuan currency on Tuesday, has already hammered the shares of US industrial companies.
Yet some contrarian US fund managers say there is still room to prosper by focusing on US companies that target Chinese consumers.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations