Beijing’s official job statistics are often met with scrutiny from independent analysts who question if they underestimate the true unemployment situation. Photo: Reuters

China employment steady despite Donald Trump’s claim US trade war cost country ‘3 million jobs’

  • Statistics agency says China created 10.97 million jobs in the first nine months of this year, or 99.7 per cent of the government's full-year target
  • But independent analysts question if official monthly data underestimates the true unemployment situation
Topic |   US-China trade war

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Beijing’s official job statistics are often met with scrutiny from independent analysts who question if they underestimate the true unemployment situation. Photo: Reuters
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The Chinese government has set a target range of 6 to 6.5 per cent for the overall growth rate in 2019. Photo: Reuters

China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war

  • Economic growth was the lowest since records began in March 1992 and below expectations of 6.1 per cent
  • Other figures released on Friday showed that industrial production grew by 5.8 per cent in September, while retail sales grew by 7.8 per cent last month
Topic |   China economy

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The Chinese government has set a target range of 6 to 6.5 per cent for the overall growth rate in 2019. Photo: Reuters
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