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 . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you.
What you'll get:
- Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
- Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
- Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
- Interviews with China experts. We find you insights you should never miss!
- Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?
Already have an account? Sign In