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China posts weakest growth in 29 years as trade war bites

China posts weakest growth in 29 years as trade war bites

Saturday, January 18, 2020, 8:57 PM

China's economic-growth cooled to its weakest in nearly 30-years in 2019 amid a bruising trade-war with the US, and more stimulus is expected this year as Beijing tries to boost sluggish-investment and demand. But data also showed the world's second-largest economy ended the rough year on a somewhat firmer-note as a trade-truce revived business-confidence and earlier growth-boosting measures finally appeared to be taking hold.
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