China’s growth slowdown has serious implications for the convergence of developed and developing countries’ per capita income levels. Just as China’s economic boom benefited commodity-dependent developing countries, its slowdown – and the concomitant commodity-price downswing – is undermining their economic growth and development.

via Project Syndicate RSS-Feed http://www.project-syndicate.org/commentary/china-s-growth-slowdown-and-the-end-of-the-commodity-price-super-cyle-by-jose-antonio-ocampo-and-bilge-erten