The sliding share prices in the past many weeks, prompted by fears related to China's growth rates are exaggerated, as the Chinese economy is over the worst, according Danish pension fund Danske Invest, which plans to stockpile shares as soon as there is more clarification about the situation in China.
"Looking through our long-term lenses, we can see that the overall global economy continues to grow. China is limping through a tough period, but the current nervousness is excessive," says chief analyst at Danske Invest Bo Bejstrup Christensen in a comment.
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