How China’s downturn is impacting southeast Asia
China’s economic growth for this year is projected by the International Monetary Fund to fall to 6.8 percent – its slowest pace of expansion in over two decades.
The slowdown in China – which now accounts for about 15 percent of the global economic output – is a major factor behind the current volatility in the country’s stock markets.
Fears over a Chinese “hard landing” have also triggered growth worries across southeast Asia, due to the region’s close trade and investment links with the world’s second-biggest economy.
