Spillover effects of China slowdown will have global impact, warn analysts

Paris

SLOWING growth in the Chinese economy carries major risks for emerging markets, and a drop in global trade could harm Europe and the United States as well, analysts warn.

Hours after Chinese authorities reported on Tuesday that the economy grew by 6.9 per cent in 2015, the International Monetary Fund (IMF) warned of "spillover effects" from a sharper-than-expected slowdown in Chinese trade as it trimmed its global growth forecasts for 2016.