IMF: China, India, other developing countries show signs of slowdown

IMF: China, India, other developing countries show signs of slowdown:
The crisis in Europe and a sluggish U.S. recovery have begun sapping growth across the rest of the world as China, India and other major developing countries join in an evolving global slowdown.
In its latest world economic projections, the International Monetary Fund sounded a newly cautious note about a situation where rounds of government stimulus spending and low interest rates have failed to take hold, and left countries with saddled with debt and other problems that give them little room to maneuver if conditions get worse.
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