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World feels the impact of China's economic woes

Countries from South Africa to Brazil see escalating risks of prolonged slumps and financial losses, and face rising inflation and unemployment

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China's declining appetite for commodities has led to deep recessions and talk of a lost decade in South America and a plunge in coal exports from Indonesia.

Washington

CHINA'S economic slowdown and financial mayhem are fostering a cycle of decline and panic across much of the world, as countries on nearly every continent see escalating risks of prolonged slumps, political disruption and financial losses.

South Africa's currency, the

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