Johannesburg The International Monetary Fund is set to warn of continued gloomy times ahead when it releases its World Economic Outlook on Tuesday, with only the United States showing significant sustained growth, while China continues to slow, Europe stutters along and Africa’s positive growth from a low base not sufficient to counter weak growth elsewhere. China’s slowdown was reinforced on Monday by the release of its weak trade data, which dragged down major commodity currencies, including the Australian dollar and the rand, as those economies depend on Chinese imports of commodities.
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