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There's fear today among investors as global markets are down, in part because of plummeting stocks in China. Jeffrey Towson, author of "The One Hour China Consumer Book," joins Here & Now's Robin Young to explain why stock prices are down in the country, and why consumers are increasingly important to the economy there.
- Jeffrey Towson, private equity investor, professor and co-author of "The One Hour China Consumer Book: Five Short Stories That Explain the Brutal Fight for One Billion Consumers." He tweets @JeffreyTowson.
This segment aired on January 5, 2016.