'The global spillovers from China’s reduced rate of growth ... have been much larger than we would have anticipated,' says Maurice Obstfeld. Global stock markets could suffer further turmoil if China's slowdown continues, the International Monetary Fund's chief economist has warned. Markets across the world slumped on Monday, with the FTSE 100 recording its worst start to a year since 2000, after weak economic data from the Asian country. Maurice Obstfeld, who joined the IMF in September, said that further disappointing data from China could cause markets to fall again. "The global spillovers from China’s ... (full story)