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China’s growth slows to 27-year low, but Trump’s trade war is only partly to blame

“The trade war that Trump declared 18 months ago has complicated those efforts, but not as much as he has claimed” writes Beijing Bureau Chief for washingtonpost.com. The world’s second-largest economy grew by 6 percent in the three months to the end of September, the weakest quarterly figure since 1992.The impact from the tariffs and other restrictions has shaved only a fraction of a percentage point off the growth rate, economists say.China cannot sustain the double-digit growth rates it enjoyed until a decade ago.
 
Source: washingtonpost.com



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