Thursday, January 16, 2020

China GDP grew 6.1% in 2019, slowest in 3 decades

China's economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data on Friday showed growth was down from 2018's 6.6%, already the lowest since 1990. Economic growth in the 3 months ending in December held steady at the previous quarter's level of 6%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2RoKkah

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