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China Slowdown Could Have Consequences For UK SME Sector

LONDON, UNITED KINGDOM — (Marketwired) — 01/21/16 — News from China that the Chinese economy is slowing down faster than expected could send shockwaves through the world economy which could affect negatively on SME growth in the UK according to Max Wallace, Managing Director of MySheriff.co.uk.

The website owner, suggests Start-ups and Entrepreneurs will worry about access to investment and lending that has come from Chinese money flowing around the globe, Max Wallace explains: “If China slows down, then because of its sheer scale and importance to the world economy the rest of the world will be impacted.”

He added: “China–s amazing growth over the last two decades has helped steer the world through some rocky times giving business and SME–s access to overseas investment. If this dries up there could be some detrimental effects.”

Contacts:
Sheriff Directories Ltd
Max Wallace
07900901900

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