This picture taken on January 2, 2016 shows a Chinese worker spraying lacquer on steel in a factory in Rizhao, east China's Shandong province. China's factory activity shrank further in December, a private survey showed on January 4, the 10th consecutive month of contraction with the world's second-largest economy set to post its weakest growth in a quarter of a century. CHINA OUT AFP PHOTO

Global economic malaise made worse by growth slowdown in China

Ashoka Mody says the IMF should stop forecasting renewed growth and issue a warning that the global economy will remain vulnerable unless leaders act

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This picture taken on January 2, 2016 shows a Chinese worker spraying lacquer on steel in a factory in Rizhao, east China's Shandong province. China's factory activity shrank further in December, a private survey showed on January 4, the 10th consecutive month of contraction with the world's second-largest economy set to post its weakest growth in a quarter of a century. CHINA OUT AFP PHOTO
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