Why investors may not need to worry too much about China's economy

Hong Kong's Hang Sang Index fell to its lowest level since 2021. Yahoo Finance Senior Columnist Rick Newman explains that while the outlook for China's economy looks grim, U.S. investors may not have to worry much about the impact. Citing research from Capital Economics, Newman explains that "the effect of China's economy on the global economy and on global financial markets is typically somewhat overstated." Newman notes that investors should remain observant of American companies with heavy exposure to China such as Apple (AAPL) and Tesla (TSLA).