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.