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Holly LaFon
Holly LaFon
Articles (9489)  | Author's Website |

Ariel's Charles Bobrinskoy Says China Not Slowing

In CNBC interview, fund manager of John Rogers' firm comments on confusion about China

January 09, 2019 | About:

After warning investors not to move in and out of stocks during periods of volatility, Ariel Investments' Charles Bobrinskoy told CNBC Tuesday that many market observers were confused about growing in China.

"The Chinese economy is not slowing. People are confusing a second derivative of a first derivative. The Chinese economy is growing faster than the U.S. economy has grown any time over the past 10 years," Bobrinskoy said.

Technology giant Apple (NASDAQ:AAPL) spooked investors last week when it lowered its revenue guidance for its first fiscal quarter, citing "economic deceleration" in Greater China.

Read Bobrinskoy's interview with GuruFocus here.

About the author:

Holly LaFon
I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.

Visit Holly LaFon's Website


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