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
Louis Kuijs
Opinion

Opinion

Louis Kuijs

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

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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
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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

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Car manufacturing profits in China declined 19 per cent between January and August. Photo: Xinhua
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