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China’s economy to slow further in 2019 but there is no collapse – CSRC vice chairman

China's economic growth is expected to slow further in 2019 but there is no economic collapse and the government will roll out more measures to support the economy if it's faced with more challenges, said Fang Xinghai, vice chairman of the country's securities regulator, at a World Economic Forum panel in Davos, Switzerland.

"China's economic growth will slow down this year due to trade disputes, a slowing real estate market and other factors, but a slowdown doesn't mean there is economic collapse," said Fang.

He expects the GDP to grow by around 6 per cent . . .


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