China slowdown is a bane for the world.

https://sg.finance.yahoo.com/news/chinas-economy-shows-signs-slowing-april-024807973.html

China contributes 1/3 of global growth and its slowdown will reverberate around the globe causing a global downturn as well.

http://sg-stock.blogspot.sg/2017/04/china-1st-quarter-gdp-growth-is-69.html