Len Tannenbaum, CEO of Fifth Street Asset Management in Greenwich, told investment analysts in advance of a sharp drop in stocks in mid-August that people do not understand the magnitude of the problems facing China. In July 2011, Fairfield-based General Electric expanded its magnetic resonance imaging device production in Beijing, China.
via http://www.newstimes.com/business/article/Stock-market-volatility-reminiscent-of-2008-6471527.php
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