"After a major rally over the past year, with the Shanghai composite index up by over 150 percent when it peaked in mid-June, the Chinese stock market has declined by about 30 percent in recent days, with the authorities taking several steps to contain the decline and the rise in market volatility."
"Growth in emerging market and developing economies is projected to slow from 4.6 percent in 2014 to 4.2 percent in 2015, broadly as expected. The slowdown reflects the dampening impact of lower commodity prices and tighter external financial conditions—particularly in Latin America and oil exporters, the rebalancing in China, and structural bottlenecks, as well as economic distress related to geopolitical factors—particularly in the Commonwealth of Independent States and some countries in the Middle East and North Africa."
(Years 2013, 2014, 2015, 2016- the latter 2 are projections)
China 7.7 7.4 6.8 6.3
"Growth in emerging market and developing economies is projected to slow from 4.6 percent in 2014 to 4.2 percent in 2015, broadly as expected. The slowdown reflects the dampening impact of lower commodity prices and tighter external financial conditions—particularly in Latin America and oil exporters, the rebalancing in China, and structural bottlenecks, as well as economic distress related to geopolitical factors—particularly in the Commonwealth of Independent States and some countries in the Middle East and North Africa."
(Years 2013, 2014, 2015, 2016- the latter 2 are projections)
China 7.7 7.4 6.8 6.3
(India 6.9 7.3 7.5 7.5)
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