12 minutes agoSecond World's Largest Economy Hit
Periskopi(7 years ago)
(7 years ago)China's economy has continued to slow down in the last quarter of 2018, official figures showed, increasing fears of impact on the global economy. During the last three months until December, the economy grew 6.4% from 6.5% in the last quarter of 2017. Throughout the year, China marked economic growth [...]
China's economy has continued to slow down in the last quarter of 2018, official figures showed, increasing fears of impact on the global economy.
During the last three months until December, the economy grew 6.4% from 6.5% in the last quarter of 2017.
Throughout the year, China marked economic growth of 6.6%, its lowest rate since 1990.
The data was in line with predictions, but stress the recent concern over weakening the second largest economy in the world.
China's enlargement rate has raised concerns about the potential impact on the global economy. The trade struggle with the United States has increased uncertainty.
Official figures Monday showed the weakest pace of quarterly growth since the global financial crisis.
