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. View a high-resolution version of this graphic here. China's economy last year grew at its weakest pace since 1990, and the birth rate fell to the lowest level since 1961. The soft landing of the world economy is China on Monday announced that its official economic growth came in at 6.6 percent in 2018 — the slowest pace since 1990. Even with the slowdown, year-to-date growth of 6.2% suggests the government can hit its target of an expansion of 6% to 6.5% for 2019.

“Gross Domestic Product (GDP) Growth Rate in China 2011-2024,” Accessed Dec. 10, 2019. China's economic growth has slumped to the lowest in nearly three decades, but the trade war isn't solely to blame. Chart: 70 Years of China’s Economic Growth.

The World Factbook. " China became a key engine of world economic growth as developed countries licked their wounds after the 2008 global financial crisis.

Notwithstanding the recent conclusion of the phase one agreement between China and the United States, short -term risks remain tilted to the downs ide amid a fragile global outlook and the
May 26, 2020. Growth is estimated to decelerate to 6.1 percent in 2019, amid cooling domestic and external demand, and other external factors. China’s economy is slowing, reflecting cyclical factors and longer-term structural trends. China’s economy is slowing, reflecting both cyclical factors and longer-term structural trends. China’s economic growth sank to a new multi-decade low in 2019. Government data Friday, Jan. 17, showed growth was down from 2018’s 6.6%, already the lowest since 1990. From agrarian economy to global superpower in half a century—China’s transformation has been an economic success story unlike any other. Statista. China Economic Update - December 2019 7 Executive Summary. China said Friday its economy grew by 6.1% in 2019, in line with expectations. China Economic Outlook. “China Reports Economic Growth Below Expectations – Its Worst Pace Since the Financial Crisis,” Accessed Dec. 10, 2019. Analysts polled by Reuters forecast China's economy to have grown 6.1% in 2019 vs. 6.6% in 2018. CNBC. BEIJING — China’s economy is slowing, and the slowdown is probably worse than Beijing says. This page has economic forecasts for China including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the China economy. China Economic Outlook – Second quarter 2019 5 Global growth is expected to reach 3.4% both in 2019 and in 2020 The new economic stimuli support an orderly moderation of world growth.

In an unprecedented move and highlighting the significant challenges facing the economy following the Covid-19 outbreak, the country’s top leadership decided to remove its traditional annual economic growth target at the opening of the National People’s Congress (NPC) on 22 May. Population Below Poverty Line," Accessed Dec. 10, 2019. That full-year figure matched expectations from analysts polled by Reuters. The Atlantic. { parent.indicator.unit } { related.length } Home; What's New; Site Map; Site Index; About the IMF; Research Key messages. { parent.indicator.unit } { related.length } Home; What's New; Site Map; Site Index; About the IMF; Research Official numbers released on Monday show an economy that is posting new, but manageable, lows. Global GDP, which grew by 3.7% in 2018, would grow to 3.4% in 2019 and to 3.4% in 2020 (see Figure 2).

Now, the world's second-largest economy is expanding at … China's economic growth has slumped to the lowest in nearly three decades, but the trade war isn't solely to blame.

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