China’s economy last year grew at the lowest rate since 1990 while the country’s birth rate fell to a record low, highlighting the domestic challenges facing Beijing despite a truce in its painful trade war with the US.
Gross domestic product grew 6.1 per cent in 2019, hitting analysts’ expectations but also revealing an economy under pressure from weak consumer spending, rising unemployment and problems in the banking system.
Growth between October and December reached 6 per cent, lower than some economists had expected.
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