Storm cloud could be coming from across the Pacific Ocean.
Since the 2008–2009 global recession, China has accounted for roughly one-third of global economic growth, by far the highest in the world. With a GDP of roughly $11 trillion (current prices), the second-largest in the world after that of the United States, any economic slowdown in this Asian juggernaut is bound to have enormous global consequences.
The rate of economic growth in China has decelerated from 9.3 percent in 2011 to 6.8 percent in 2015 (and the accuracy of the latest figure is in serious question due to a host of other economic indicators). The question is what impact a further slowdown in China would have on the U.S. economy.