Free Republic

The world’s second-largest economy grew by 6.1% in 2019, making last year China’s worst economic performance since 1990, according to data released by the National Bureau of Statistics on Friday. The figure is within Beijing’s official target of 6.0% to 6.5%, but down from 6.6% in 2018. The economy faces “downward pressure” and “instability sources and risk points” abroad are increasing, the government said in a statement. […] The World Bank said in a report this month that weakening exports in China had compounded the impact of its ongoing slowdown in domestic demand. But analysts noted that China’s slowdown is...