China’s trend GDP growth will average at 5.2 per cent in the coming decade to 2028, easing to 4 per cent by 2030, according to Oxford Economics. Photo: EPA
Opinion
Opinion
China’s economic expectations rest on future faultlines with the West as 70th anniversary looms amid trade war
- The world’s second largest economy is approaching a crucial turning point after a remarkable run of headlong growth that has transformed its economy and society
- Louis Kuijs and Gary Duncan from Oxford Economics, a leading global economic advisory firm, look ahead to what could be a watershed period in its economic history
China’s trend GDP growth will average at 5.2 per cent in the coming decade to 2028, easing to 4 per cent by 2030, according to Oxford Economics. Photo: EPA
Car manufacturing profits in China declined 19 per cent between January and August. Photo: Xinhua
China’s industrial profits contract in August as economy battles slow growth amid trade war with US
- Profits at China’s large industrial firms fell 2 per cent in August, with a year-to-date decline of 1.7 per cent
- The National Bureau of Statistics blamed slowing sales, a drop in product prices and super typhoons that impacted manufacturing
Topic |
China economy
Car manufacturing profits in China declined 19 per cent between January and August. Photo: Xinhua