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Meyer, Unkovic & Scott Partner predicts that China’s economic situation could deteriorate significantly

Meyer, Unkovic & Scott Partner Dennis Unkovic spoke with Yahoo Finance anchors Diane King Hall and Brad Smith about concerns over the economy in China saying that the situation “can get a lot worse.” Unkovic says “70% percent of the household wealth held by the normal Chinese people is in real estate. When real estate goes down, it just doesn’t affect the markets, it affects everyone in China.”
#China #youtube #stockmarket
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