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China’s economic growth is expected to slow to a nearly 30-year low this year

FILE PHOTO: Containers are seen at a port in Lianyungang, Jiangsu province, China June 10, 2019. REUTERS/Stringer

  • A new Reuters poll has revealed that China’s economic growth is expected to slow to 6.2% in 2019. The figure would represent a near 30-year low.
  • Rising trade tensions with the US have pushed the Chinese government to step in with economic stimulus efforts in an attempt to boost growth.
  • US-based companies with supply chain and sales operations in China have also felt the impacts from the trade war.
  • Visit the Markets Insider homepage for more stories.

The trade war is putting the brakes on the world’s second-largest economy.

According to a new survey from Reuters, China’s economy is read more >>>

Source:: BusinessInsider.Com