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Chinese economy stutters amid growing pressures

by LLB Editor
17th Jan 20 7:14 am

The Chinese economy grew by 6.1% in 2019 – its slowest pace in almost thirty years.

The country has faced weak domestic demand and the impact of the prolonged trade war with the US. But growth remained within a target range set by Beijing.

Will Walker-Arnott, senior investment manager at Charles Stanley, said what is interesting about the numbers is “the demographic issues”.

“Their birth-rate has been falling considerably over the last few years, and there’s a danger the country’s going to get old before it gets rich.”

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