Moody's says the US economy can absorb the impact of China's slower growth
<p>Moody's analysts opn the US economy outlook:</p><ul><li>
For US, geopolitics and policies pose greater risks than china's
slowdown</li><li>US economy can
absorb impact of China's slower growth</li><li>Government and
company policies will have greater credit effects for us sectors</li><li>China's potentially
slower growth over next few years unlikely to have material knock-on
impacts on domestically-driven us economy</li><li>Among services
sectors, a China slowdown could weaken discretionary industries in
the US, such as tourism and higher education</li><li>Among US sectors
with high exposure to China, agriculture is likely to be less
affected</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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