The World Bank cut forecasts for China’s economic growth this year and 2020 as trade tensions with the United States show no signs of abating and threaten to spill into the finance, technology and even entertainment sectors.
The agency cut China’s 2019 economic growth forecast to 6.1 per cent, down 0.1 percentage point from its previous forecast in April, citing rising structural constraints and “less benign external conditions”, according to a report released . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In