Keith Fitz-Gerald Sheds Different Light on China’s Economic Growth Forecasts

We've heard reports of a slowdown in the Chinese juggernaut. Forecasts have shown that China's economy will grow by "only" 7.5% in the second quarter of 2013. Europe is already in a recession, and America's own economic growth is wheezing along at less than 1% this quarter. Is the media hype about China's economic growth slowdown overblown, or will it have real fallout for the United States and Europe? Money Morning Chief Investment Strategist Keith-Fitzgerald speaks with FOXBusiness ' "Varney & Co."about what these figures really mean for the global economy. Watch the following video for the answer. To watch the video, please click here...