Who suffers the most if China’s growth becomes weak?

It is reasonable to expect C hina’s growth to slow markedly due to a number of factors that all point in the same direction (population ageing and consumer caution, weak corporate investment and now weak construction investment, high debt ratio). It is therefore important to consider which countries will suffer the most from this slowdown in the Chinese economy. The answer will depend mainly on the weight of exports to China and the sensitivity of these exports to China’s growth. They are: Latin American countries (Brazil, Chile); Africa (for example South Africa, Ethiopia); Germany; Oil-producing countries; All Asia-Pacific countries (except India).