Why McDonald's is Discounting Meals in China

With the slowdown in China becoming ever more obvious, retailers are being forced to discount their products more than before.

Buiter: Absence of Fiscal Stimulus Is Biggest Challenge
29:29 - Michelle Meyer, deputy head of U.S. economics at Bank of America Merrill Lynch, and Willem Buiter, chief economist at Citigroup, discuss the challenges to a return of four percent economic growth in the U.S. and the impact of a lack of fiscal stimulus. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
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