China’s Slowdown Casts a Shadow
China’s economic slowdown and financial mayhem are fostering a cycle of decline and panic across much of the world, as countries on nearly every continent see escalating risks of prolonged slumps, political disruption and financial losses. South Africa’s currency, the rand, plunged on Monday after stocks once again sold off in China, which is the country’s largest trading partner. South Africa’s economy — like that of many countries...
