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Business daily

China's 2018 GDP grew at slowest pace in nearly three decades

By: Yuka ROYER
1 min

China's economy grew by 6.6% in 2018, its slowest pace in almost three decades. The official data out on Monday further confirmed that the world's second-largest economy is losing steam, despite a raft of recent stimulus measures by the government. Plus, "our economy is broken" is the message from Oxfam in its latest report about global inequality. The charity called on world leaders to tax the rich more fairly, ahead of the World Economic Forum getting under way in Davos.

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