新兴市场

EM growth at slowest level since 2009 financial crisis

Emerging markets have slipped to their slowest pace of economic growth since the 2009 global financial crisis as Brazil, China, Russia and other developing nations struggle against a stronger US dollar and weaker commodity prices.

The new preliminary data from three research companies that monitor EM growth figures will deepen concerns for the health of the global economy.

They emerged as Christine Lagarde, managing director of the International Monetary Fund, said the world should brace for low growth twinned with high debt and unemployment, unless policy makers took action.

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