Growth in the United States will slow to 1.8 per cent from 2.3 per cent in 2019 because of the impact of import tariffs and continued investment uncertainty. Photo: Bloomberg

China’s 2020 growth forecast held at 5.9 per cent by World Bank amid ‘fragile’ global economic outlook

  • The latest Global Economic Prospects report predicts China’s growth is forecast to decelerate to 5.9 per cent this year, unchanged from the previous forecast in October
  • Overall, the global economy will grow by 2.5 per cent in 2020, up from 2.4 per cent in 2019, the weakest growth rate since the global financial crisis in 2008-2009
Topic |   China economy
Growth in the United States will slow to 1.8 per cent from 2.3 per cent in 2019 because of the impact of import tariffs and continued investment uncertainty. Photo: Bloomberg
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