A marked slowdown in U.S. growth in the second quarter (heightened) market concerns about the strength of recovery in the world's biggest economy, (leaving) investors betting on China and the rest of Asian to pick up the slack.
One concern is that Asia, which has led the economic recovery, could (lose) traction if the authorities in Beijing pulled on the reins too hard, hitting (demand) in what has become a top export market for many of China's regional peers.
The economy already slowed markedly from April to June, expanding at a 10.3 percent (annual) clip after 11.9 percent growth in the first quarter.