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Expert Views: China's economy cools in fourth quarter, 2018 growth at 28-year low

Updated : January 21, 2019 10:38 AM IST

The latest data suggest that economic growth remained weak at the end of 2018 but held up better than many feared, in part thanks to a policy-driven recovery in infrastructure spending.
The Chinese economy lacks momentum. Impact from US-China trade tensions are appearing and its adverse impact will continue. In addition to that, uncertainties over the global economy are increasing.
One positive factor in terms of the outlook for the yuan and the equities market looking at 2019 is that the Chinese government is now taking a lot of stimulus measures to support growth.
Expert Views: China's economy cools in fourth quarter, 2018 growth at 28-year low

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