# Nobel Laureate Prof. Michael Spence on why slowing growth in China could be good for US companies

1 Faculty News July 19, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/video/is-china-s-slowing-growth-good-for-u-s-companies-9tHZZyeHRYGFt0ioc810Pg.html) -- "I think what I see in companies that do very well, I see also in countries. And that is, they put economic 'stuff' in the right place...it's an enormously important skill."

[Read more](http://www.bloomberg.com/video/is-china-s-slowing-growth-good-for-u-s-companies-9tHZZyeHRYGFt0ioc810Pg.html)