China’s growth rate dipped to exactly 6 per cent in the third quarter this year, the basement of the government’s 6.0 to 6.5 per cent growth target range for 2019 and the lowest rate in nearly 30 years. Photo: Reuters

China economic slowdown: debate heats up on whether Beijing should shoot for 6 per cent growth in 2020

  • Economic heavyweights in China are torn on whether Beijing should inject the levels of stimulus that would be needed to achieve 6 per cent growth next year
  • Yu Yongding, noted economist, said 6 per cent should be top priority, while others such as Gao Shanwen said it is an unrealistic target
Topic |   China economy

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China’s growth rate dipped to exactly 6 per cent in the third quarter this year, the basement of the government’s 6.0 to 6.5 per cent growth target range for 2019 and the lowest rate in nearly 30 years. Photo: Reuters
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Chinese car part exporters say they have seen an uptick in sales in Africa. Photo: Reuters

China small manufacturers’ rising exports to Africa help offset plunging sales to US amid trade war

  • Some Chinese exporters say a sharp uptick in exports to belt and road countries, particularly in Africa, has helped offset declining demand in the US
  • Sales are being supported by cheap lending to foreign buyers by Chinese banks and improved transport links, exporters say
Topic |   China economy

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Chinese car part exporters say they have seen an uptick in sales in Africa. Photo: Reuters
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