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  • China's economic growth could fall below 6% in 2020, says the IMF

    From cnbc.com

    China’s economic growth could moderate further in 2020 — even though the global economy is likely to pick up pace, projected the International Monetary Fund. The fund, in its World Economic Outlook report, said the Chinese economy could grow at 5.8% next year — slower than the 6.1% forecast for 2019. China grew 6.6% last year, according to the IMF. “The Chinese economy is slowing down, which has continued an earlier trend of slowing down, which started a couple of years ago,” Tao Zhang, IMF’s deputy managing director, told CNBC’s Geoff Cutmore at the World Bank-IMF Annual Meetings in Washington on ...
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  • Oct 21, 2019 9:00am Oct 21, 2019 9:00am
  •  sonicdeejay
  • | Commercial Member | Joined Mar 2008 | 155 Comments
But it is still growing and China will fare better than those eurozone countries.
 
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  • Posted: Oct 21, 2019 8:23am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 3,431
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