It’s China Slowdown — Not the Trade War — Investors See as the Bigger Risk
Photographer: Qilai Shen/Bloomberg
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A slowdown in China’s economy -- not the trade war -- is now the biggest risk for investors for the first time in almost two years, according to the latest fund manager survey by Bank of America Merrill Lynch.
About a third of investors polled said that slower growth in China is their biggest concern, replacing trade war risks which had topped the list for nine straight months, according to a survey of 186 fund managers conducted this month by the bank. A corporate credit crunch came in third, followed by U.S. politics.