German Stocks Drop as Chinese Shares Fall; Daimler Slips – Bloomberg 10-08-12

Salient to Investors:

Markus Huber at ETX Capital said whenever China shares fall, German carmaker shares fall because China is one of the most important markets.

The World Bank said growth in developing East Asia, which excludes Japan and India, will fall to 7.2 percent, the slowest pace since 2001, from 8.3 percent in 2011.

The unexpected rise in German exports indicates Europe’s largest economy is weathering the sovereign debt crisis.

Read the full article at http://www.bloomberg.com/news/2012-10-08/german-stocks-drop-as-chinese-sahres-fall-daimler-slips.html