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China Economy

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CHINA'S ECONOMY OBSERVES ITS WEAKEST GROWTH IN THREE DECADES

Published On 17 Jan 2020 01:30 PM


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According to GDP figures released on Friday, in 2019, China's economy grew 6.1%. It is in line with expectations. However, in nearly three decades, it is also the country's weakest growth.

In the fourth quarter, the country also reported that GDP grew 6%. China is the second-largest economy of the world. It is dealing with cooling domestic demand, rising debt, and fallout from the trade war with the United States

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