Bloomberg News

Fidelity Says ‘Very Difficult’ to Have Optimistic View on China

February 17, 2012

Feb. 16 (Bloomberg) -- It is “very difficult” to have an optimistic view on China as the European debt crisis dims the outlook for the nation’s economy, said Lisa Emsbo-Mattingly, director of research in the global asset allocation division of Fidelity Asset Management.

“We are very concerned about China,” she said at the Bloomberg Link Portfolio manager Mash-up conference in New York. Europe is a “negative drag” on the country, she said.

To contact the reporter on this story: Ye Xie in New York at yxie6@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net


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