As expected, China’s growth slowed to 6.1 percent last year, from 6.6 percent in 2018, National Bureau of Statistics data showed. Although still strong by global standards, and within the government’s target range, it was the weakest expansion since 1990. Data on last month released along with GDP showed a surprising acceleration in industrial output and a more modest pick-up in investment growth, while retail sales were solid. Industrial output grew 6.9 percent from a year earlier, the strongest pace in nine months, while retail sales rose 8.0 percent. Fixed-asset investment rose 5.4 percent for the full year, but growth had plumbed record lows in autumn.

Source: Taipei Times January 17, 2020 15:56 UTC