China’s economy is showing signs of a slowdown.
It is a move ag economists say is concerning because they are typically a big buyer of U.S. ag goods. Their state bank is currently working on fighting deflation.
China has a 5% GDP growth goal, but many investment banks think that number is out of reach.
Economists warn missing that target could lead to more investors pulling their money. Goldman Sachs currently has China’s GDP growth at 4.3%