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Montevideo, November 24th 2024 - 15:22 UTC

Tag: weakening growth

  • Monday, January 21st 2019 - 09:05 UTC

    China's economy expands at its slowest rate since 1990

    For the full year China expanded at 6.6%, its slowest rate since 1990. The data underlines concern about weakening growth in the world's second largest economy

    China's economy continued to slow in the last quarter of 2018, official figures showed, stoking fears about the impact on the global economy. In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the full year China expanded at 6.6%, its slowest rate since 1990.