China’s economy had a tough year. 2019 will be worse
Hong Kong (CNN Business)1. China’s rocky year: China’s economy is entering uncharted territory, and that could spell trouble for the rest of the world.
After decades of sharp expansion, the Chinese economy is slowing down. Growth in 2018 is set to be the weakest since 1990. And 2019 looks even worse.
The world’s second largest economy is feeling the effects of a darkening trade outlook and government attempts to rein in risky lending after a rapid rise in debt levels.
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