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January 21, 2020

China's 2019 economic growth weakens amid trade war

By JOE McDONALD
AP Business Writer

BEIJING — China's economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity.

The world's second-largest economy grew by 6.1%, down from 2018's 6.6%, already the lowest since 1990, government data showed Friday. Growth in the three months ending in December held steady at the previous quarter's level of 6% over a year earlier.


 
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