China’s economic growth slipped to 6.0 per cent in the third quarter, the lowest rate since records began in March 1992. Photo: AP

China not facing ‘severe economic difficulty’ despite record low growth, government think tank says

  • Government-linked think tank says only one in eight Chinese companies cut jobs in 2019, showing resilience of economy against external headwinds
  • November indicators showed a broad-based recovery in industrial output, providing much-needed positive news amid record economic slowdown
Topic |   China economy

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China’s economic growth slipped to 6.0 per cent in the third quarter, the lowest rate since records began in March 1992. Photo: AP
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Frank Tang

Frank Tang

Frank Tang joined the SCMP in 2016 after a decade of China economy coverage and government policy analysis.

Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.