China economy in 2018 grows at slowest pace in 28 years

Economic activity suffered a sharp drop in the fourth quarter of last year [Reuters]
Economic activity suffered a sharp drop in the fourth quarter of last year [Reuters]

China’s economy expanded by 6.6 percent last year, according to official data. That’s the slowest growth rate in 28 years. The figure was in line with many economists’ forecasts. 

Economic activity slowed sharply in the fourth quarter of 2018 as China and the United States engaged in a trade war. 

More to follow… 

SOURCE:
Al Jazeera News

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