China GDP growth last year was 6.1%, lowest rate for 29 years

China’s economy grew at its slowest pace
in nearly three decades in 2019 though this was in line with expectations
Beijing has clearly been struggling with weak domestic demand as well as a trade
war with the US Kim dami tells us more China’s economic growth are sunk to the
lowest level in three decades in 2019 China’s National Bureau of Statistics
announced on Friday that the country’s economy grew by 6.1 percent in 2019 the
lowest a growth rate since 1990 the latest figure it did meet the Chinese
government a target range of between 6% and 6.5 percent but it was still below
the market expectation of at 6.2 percent battered for two years by the trump
administration tear hikes Beijing has struggled with a weak domestic demand
and admitted that its economy faces downward pressure and instability
sources and risk points despite such a struggles and uncertainties it was the
Chinese government of fiscal and monetary policies that helped reach its
goal in the end the country’s economy does not seem too bright either in the
new year some analysts expect a growth rate to be as low as a last year or even like the expert said uncertainties still
remain over whether recent developments on the tree deal will continue however
in response to such a lower growth rates last year beijing is expected to roll
out yet more ambitious policies and proactive measures to boost the
country’s growth kim dami arirang news

One thought on “China GDP growth last year was 6.1%, lowest rate for 29 years

  1. this year, western media focus on the 6%, but in china we celebrate GDP per capital firstly reach 10000 usd. JUST LIKE before, when china has over 10% growth rate but western media focus on the low gdp per capital. someone always want china be ugly and we dont give a shit

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