A slowdown in economic activity in China has a global impact as companies that sell to China may see revenues suffer. Countries includ¬ing Australia, Brazil and others in South East Asia have seen huge profits in recent years because of Chinese demand for natural resources. The fall in demand from China has already had an impact on the prices of many commodities. Last week，China’s Finance Minister Lou Jiwei indicated that economic growth could be 7% for the year, and that this may not be the “bottom line”.

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