Mar 09, 2012 08:41 AM IST | Source: CNBC-TV18
Slowdown in China continues to rattle global markets: NAB
“The thing that has unsettled global markets was China’s announcement that it was going to be revising down its growth forecast,” says Nick Parsons of National Australia Bank .
Nick Parsons of National Australia Bank spoke to CNBC-TV18 about global market movements post the Europe GDP data and the effect on India. He says that the figure was already priced-in.