China’s GDP Growth Slides to Weakest in Almost Three Decades

Caixin Global | Oct 18, 2019 at 8:09 PM
  • Even so, many analysts expect GDP growth to ease further in the fourth quarter given the headwinds facing the economy including slowing global expansion, persistent U.S.-China trade tensions, a sluggish property market amid continued government controls, and the challenges of boosting investment.
  • The slowdown in pork output alone could lower real GDP growth by around 16 basis points in the fourth quarter, sending the overall pace of expansion down below 6%.