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China's slowdown is the biggest threat to world economy

Jan 09, 2019 - Washington Post Blogs

You shouldn't worry too much about the big U.S. stock market sell-off. You should worry about China's instead.

Indeed, while it might not have gotten as much attention, China's benchmark stock index was, with its 25 percent drop, the world's worst-performing in 2018. Part of this was because of the fear that President Trump's nascent trade war might turn into something even more serious, but only a part. More significant than what Washington was doing, you see, was what Beijing was. That's...