World financial leaders sounded a sour note on the global economy on Thursday, pointing to Britain’s possible exit from the European Union as a serious threat alongside China’s bumpy growth path and dissent over interest rates in the euro zone, Reuters reports. IMF Managing Director Christine Lagarde said the IMF was “concerned” about China following through on the restructuring of its struggling state-owned enterprises as the country shifts to slower, more sustainable growth driven by consumer spending. China’s economic slowdown has slashed demand for commodities and components worldwide, causing spillovers to emerging markets and advanced economies alike.
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