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“Continued slowdown” expected in emerging markets

The seemingly unstoppable slowdown of China’s economy has triggered a chain reaction in the emerging markets, the chief strategist of Group Crédit Mutuel-CIC told wealthy clients yesterday. François Duhen advised “extra caution” when investing in emerging markets, noting that developed markets are preferred as they are “able to withstand external pressure.” In a CIC Banque Privée finance seminar titled “China: Domino Effect?”…

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