The global economy is slowing down, having barely recovered from the 2008 crisis. The oil price is falling deeper and deeper, leaving many nations in desperate straits, trying to figure out their budgets. Just a few days ago, the American stock market went through a plunge as damaging as any in the last several years. What is the reason for such a slowdown? Many are pointing fingers at China, saying that the giant has stopped growing - but is that truly so? What about all these emerging markets - will they push the global economy forward? We ask a former chief economist and a Vice President of the World Bank. Dr. Justin Yifu Lin is on Sophie&Co today.
