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Why China's Debt Matters to U.S. Investors

The significant increase in China's credit to GDP ratio could lead to a sharp slowdown in the country's growth.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Trade with China has been in the news recently. But Stephen Ellis, a strategist here at Morningstar, thinks that investors should also pay attention to Chinese debt.

Stephen, thanks for joining me.