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BofA Merrill Lynch Fund Manager Survey Finds Weakening Outlook for Global Economy Amid Fears Over China

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NEW YORK--(BUSINESS WIRE)--Global investors have shifted their attention from Greece to China amid continued concern of a Chinese recession, according to the BofA Merrill Lynch Fund Manager Survey for August. Respondents are scaling back their expectations for economic growth. China recession is now rated the number one “tail risk” by 52 percent of panel. Fifty-three percent of investors say the global economy will strengthen in coming year, down from 61 percent in July. The survey reports the

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