Paris-based Organisation for Economic Cooperation & Development says China slowdown and uneven data for other large markets will cause uncertaintyThe world economy appears to be suffering a slowdown in growth that will stretch through the rest of the year and 2016,according to a report by the Organisation for Economic Cooperation & Development.
Heightening concerns that a period of “secular stagnation” is approximately to dampen the prospects for global growth, the Paris-based thinktank said China’s economy was flagging and recent stock market turmoil had exposed the fragility of many emerging market economies.
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Source: theguardian.com