Mexican Media Brands
China’s Economic Growth Slows to 6.5%
China’s gross domestic product expanded by an annualized 6.5% in July-September, the lowest quarterly rate in nine years.
#economics
Share
China’s gross domestic product expanded by an annualized 6.5% in July-September, the lowest quarterly rate in nine years, the National Bureau of Statistics reports.
The country’s economy expanded by 6.7% in the second quarter. China’s central government predicts full-year growth of 6.5%, a target most analysts consider realistic.
Analysts note that China is carrying unusually high debt, leaving policymakers with less room to stimulate the economy if needed. The country continues to focus on the quality rather than quantity of growth.
But analysts also say the accelerating trade war with the U.S. will threaten growth in the current quarter and beyond.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.