A turbulent 2016? China's slowdown cools the world economy (part 1)

As the rich and powerful converge on the World Economic Forum in Davos, China just posted its weakest year-on growth in 25 years at 6.9%, the IMF once again cut its world growth forecast, unemployment in Europe remains at a record high and commodity prices continue to fall... So is it all doom and gloom for the world economy in 2016? We gauge the impact of China's slowdown on the rest of the planet.