The focus must be on SMEs as economic growth slow further
China’s economy grew by only 6.0 per cent in the third quarter as Beijing struggles to contain the effects of the trade war with the United States amid a wider slowdown. It is the lowest quarterly growth since records began in 1992, adding weight to a gloomy forecast from the International Monetary Fund of a drop in global growth this year from 3.8 to 3 per cent. China’s growth was less than the 6.1 per cent consensus forecasts by some economists and has now slipped to the bottom end of the…

Brought to you by SCMP. Read more:

* * * * *
Breaking news, analysis and opinion from the SCMP’s Hong Kong edition.

Comment or Tag a Friend!

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.