Trade Pressure Seen Denting China’s 2019 Growth to 29-Year Low at 6.2 Percent

Trade Pressure Seen Denting China’s 2019 Growth to 29-Year Low at 6.2 Percent
The skyline of the central business district is seen in the morning in Beijing, China on Aug. 21, 2019. Reuters
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BEIJING—China’s economic growth is expected to slow to a near 30-year low of 6.2 percent this year and cool further to 5.9 percent in 2020, a Reuters poll showed, underlining the stiff challenge faced by Beijing even as it steps up stimulus amid a bruising Sino-U.S. trade war.

The median forecast for 2019 growth is near the lower end of the government’s target range of 6-6.5 percent, and would be the weakest expansion for the world’s second-biggest economy since 1990.