China Quarterly GDP Growth Weakest in 3 Years


The Chinese economy grew by 1.4 percent quarter-on-quarter in the three months to March 2019, compared to a 1.5 percent expansion in the previous period and in line with market estimates. It was the weakest quarterly growth rate since the first quarter of 2016.

Year-on-year, the economy advanced 6.4 percent in the three months to March 2019, the same pace as in the previous period and slightly above market expectations of a 6.3 percent expansion. It remained the lowest growth rate since the global financial crisis, amid intense trade conflict with the US, softening domestic demand and alarming off-balance-sheet borrowings by local governments.

China Quarterly GDP Growth Weakest in 3 Years


Statistics China l Rida Husna | rida@tradingeconomics.com
4/17/2019 2:23:07 AM