The Chinese economy was in deep despair last summer when the dragon was breathing fire. Now, coming into 2016, the health of the Chinese economy has yet to show any marked improvement. Naturally, investors at home are unnerved as the broader financial market is somewhat interrelated.

So what happens in the Chinese market takes a fraction of time to cross the Great Wall. A reflection of this was seen at the start of the New Year, when renewed China fears shook the markets worldwide.

China’s dwindling stock market and currency devaluation have dampened investor sentiment. The major U.S. indices too are struggling to find solace. So far, the Dow Jones Industrial Average is down 5.8%, while the S&P 500 has lost 6.1%. The tech-laden Nasdaq Composite Index has plunged 7.7%.

The economic slowdown and financial mayhem in China is playing a crucial role in pulling down the global commodity complex, with oil and other commodities struggling to find a bottom. But the impact of China’s waning appetite for commodities was not restricted to oil and the other commodity producers, even blue-chip companies, surrendered their fate to China’s trading behavior.

The China debate will remain the market’s primary preoccupation as the earnings season unfolds. In such a backdrop, it will be prudent to search for stocks that still firmly hold the ground. Experts will guide you toward the U.S. economy, which though not completely insulated against China’s market upheavals, is still on track to attain GDP growth rate of approximately 2.4% in 2016.

The U.S. economy is largely healed. The message was loud and clear, when the Federal Reserve raised the interest rate by a quarter percentage points to 0.25–0.50% for the first time in nearly a decade. Market experts believe that the economy has shown considerable strength and is more balanced now to withstand headwinds such as overseas growth turmoil, weak foreign currencies and sluggishness in the energy sector.

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