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