Real Assets
EMEA (Europe, Middle East and Africa)’s mining sector faces the most exposure to the expected gradual slowdown in China, followed by oil & gas, shipping, chemicals and auto manufacturing, according to Moody’s Investors Service report published on Tuesday. Moody’s recently slightly revised its GDP growth forecast for China to 6.3 per cent for 2016 and maintained its forecast of 6.8 per cent for 2015. The report says that the EMEA-based oil and gas sector has relatively little direct exposure to an economic slowdown in China, but will be indirectly affected by the broader impact on prices in the industry.