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China Trade Worries More Important Than Slowing Growth

The downgrade in official growth statistics is almost a nonevent, but an expanded trade war would have major consequences, says Morningstar's Preston Caldwell.

Jeremy Glaser: Stocks were lower again on Tuesday, and one of the worries was about Chinese growth. I'm here with Preston Caldwell. He's an equity analyst with Morningstar, he follows China. We're going to talk a little bit about why these worries have re-emerged. 

Preston, thanks for joining me.