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Monday, 21 January 2019

China's economic growth slowest since 1990 amid trade war with US

Fears China may not be able to help shore up weakening global growth as GDP figures are slowest nation has reported in 28 years

China’s economy grew 6.6% in 2018, its slowest pace in almost 30 years, confirming a slowdown in the world’s second largest economy that could threaten global growth.

After years of breakneck expansion, the world’s second largest economy is losing steam, official data on Monday confirmed. China’s growth in 2018 was the country’s slowest reported rate since 1990 and down from 6.8% growth in 2017.

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from The Guardian http://bit.ly/2FLw876

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