OECD sees slowdowns deepening in India, China
Reuters: China and India have entered more marked economic slowdowns while growth continues to moderate in most major industrial economies, the OECD said on Monday.
Separately Asia’s two biggest exporters China and Japan also showed further signs of slowing down in data published on Monday, signalling risks of a fresh slide in global demand, as a top Federal Reserve official said he was downbeat on the prospects of the US economy.