Li & Fung's CEO Says China is Still Very Strong

Bruce Rockowitz, President and CEO of Li & Fung Group, sees opportunity for acquisitions in Europe and expects more acquisitions this year and next.

How Long Will Chinese Growth Rates Decline For?
56:35 - China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. UBS Head of Global Asset Allocation Mads Pedersen discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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