Current Affairs

02
Jun

Is China’s Economy Slowing Down?

China’s 2018 GDP ended up reaching 90 trillion Yuan (slightly over $13 trillion), a 6.6% YOY growth which represents the slowest pace since 1990. For 2019, the growth rate is estimated to be in the 6% to 6.5% zone. While these percentages may seem impressive by Western standards, they are not as impressive if one

31
May

China’s 2018 Economic Numbers and Outlook/Targets for 2019

After a 6.6% growth rate for 2018 (an almost three-decade low), China aims for an economic growth rate in the 6% to 6.5% zone and while this may seem less than impressive compared to the numbers of the past, it’s important to understand that the authorities are interested in transitioning to a more sustainable pace