Commentary: Data exaggerate impact of Chinese economic slowdown
By James Carrick in London
China is likely to grow at a rate of 6% in 2019, significantly lower than the 8.25% recorded each year on average over the last decade and the double-digit average growth rates in the years before the 2008 financial crisis.
Although these figures appear alarming, onlookers should not be overly worried. Since 2005, China’s share of the world economy has more than tripled to 16% from 5%.
This larger share...