China Posts Lowest Economic Growth in 28 Years

China Posts Lowest Economic Growth in 28 Years
A man rests in front of screens showing stock prices at a securities company in Beijing on Jan. 21, 2019. GREG BAKER/AFP/Getty Images
Cathy He
Cathy He
EDITOR
|Updated:

China’s economic growth in 2018 dropped to its lowest in 28 years, posting overall yearly growth of 6.6 percent as the world’s second-largest economy faces pressure from weakening domestic demand and ongoing trade tensions with the United States.

Fourth-quarter gross domestic product (GDP) grew at the slowest pace since the global financial crisis, easing to 6.4 percent year-on-year, as expected, from 6.5 percent in the third quarter, the National Bureau of Statistics said Jan. 21.

Cathy He
Cathy He
EDITOR
Cathy He is the politics editor at the Washington D.C. bureau. She was previously an editor for U.S.-China and a reporter covering U.S.-China relations.
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