Analysts at Natixis seek to identify the countries that will suffer significantly from China’s stagnant domestic demand. These are countries that have large exports to China.
“It is important to understand that China will no longer be the driving force of the global economy, given the demographic slowdown and excess savings due to the inadequate pension system.”
“The countries that will suffer the most are those whose growth has been driven by exports to China, in particular Latin America, Germany, OPEC countries, Africa, Russia, and most Asian countries.”
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