A woman works at a workshop manufacturing plastic woven materials in Suqian, Jiangsu province, China, in July 2019. Photo: Reuters
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

What to expect from China’s economy in 2020: a solid first half followed by a loss of steam

  • Better GDP data in the second half of 2019 and the ‘phase one’ trade deal bode well for China’s economic prospects in 2020
  • However, tight financial conditions as a result of Beijing’s deleveraging campaign and the import commitments under the trade deal will weaken growth in the second half of the year
A woman works at a workshop manufacturing plastic woven materials in Suqian, Jiangsu province, China, in July 2019. Photo: Reuters
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