China’s economy grew 6.8 percent in the fourth quarter from a year earlier, matching expectations and the slowest since the global financial crisis, putting pressure on Beijing to roll out more support measures as fears of a sharper slowdown panic investors.

Chinese leaders have been struggling to put a floor under cooling activity, even as a renewed plunge in the country’s stock markets and the yuan currency CNY=CFXS have stoked worries that conditions in the world’s second-largest economy may be rapidly deteriorating.

After being a major locomotive of global growth in recent years, China is locked in the midst of a protracted slowdown, weighed down by weak exports, factory overcapacity, slowing investment, a soft property market and high debt levels.

Read more


NEWSLETTER SIGNUP

Get the latest breaking news & specials from Alex Jones and the Infowars Crew.

Related Articles


FROM AROUND THE WAR


Comments