The impact of a China slowdown

China has driven global growth, which has averaged a paltry 3% a year since 2008. So the knock-on effects of a Chinese slowdown on the global economy would be significant. The OECD reckons a two-percentage-point decrease in the growth of Chinese domestic demand for two years would reduce world GDP by 0.3 percentage points a year. Including market corrections (a 10% decline in global equity prices and a 20-basis-point rise in equity risk premiums), global growth would be around half a percentage point lower. Countries with stronger links to China, like Japan, would be more severely affected, while GDP in America and the euro area would decline by a quarter of a percentage point.

http://www.economist.com/news/economic-and-financial-indicators/21635039-impact-china-slowdown?fsrc=scn/fb/te/ed/pe