China’s economic growth is sputtering. The official forecast of 6% to 6.5% is the slowest on record, and the 6.2% growth actually reported in the second quarter is the weakest since the government began releasing quarterly data in 1992. The most obvious and recent cause is the trade war with the U.S. but the impact is global, with knock-on effects on companies and countries all over the world.
Source link : https://www.washingtonpost.com/business/as-chinas-economy-slows-why-the-world-should-care/2019/07/20/207c8f68-aaf8-11e9-8733-48c87235f396_story.html
Publish date : 2019-07-21 00:57:17
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