Emerging-market nations keep losing steam, according to data released today, but economists say slower growth might actually be good for some global investors.
This week Chinese officials announced plans to bring GDP growth down to 7.5% from 8%. At the same time, came word Brazil's economy grew closer to 3% in 2011 "“ far less than the previously expected 5%. While a slowing economy normally isn't encouraging news, there are some advantages to countries like China and Brazil dropping down to more sustainable levels of growth, experts say.
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