The IMF downgraded its outlook for China's overall growth.
Share on linkedin ; Note: Real estate investment refers to PPI-adjusted fixed asset investment in the real estate sector; Chart: Deena Zaidi/Axios Visuals
that will ripple out to other nations — as China has been the largest single source of growth for the world economy in recent decades., and released a statement saying that it would likely default on bonds denominated in U.S. dollars and other currencies.
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