business

ECB plan only near-term fix; China slump is worrying: F&C

Jeff Chowdhry, head-emerging equities, F&C Investments explains to CNBC-TV18 that though the ECB bond-buying plan is clever, it doesn‘t solve the problem of boosting growth and reducing debt. Chowdhry adds that the slowdown in the Chinese economy might affect the commodities sector, especially coal and iron ore.

first published: Sep 7, 2012 07:53 pm