China cuts taxes as it warns of 'a hard struggle' ahead

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The Chinese government has predicted economic growth of between 6% and 6.5% in 2019. That's a decline from last year's 6.6% rate of expansion, which was already the country’s weakest performance in three decades.

The Chinese government on Tuesday predicted economic growth of between 6% and 6.5% in 2019. That's a decline from last year's 6.6% rate of expansion, which was already China's weakest performance in three decades."There has been a more complex and severe environment facing our country's development this year," Chinese Premier Li Keqiang said in a speech.

Global economic growth is expected to slow this year, according to the International Monetary Fund. And China, the world's biggest exporter, is expected to suffer from slumping demand."The weakness in the global economy that we anticipate over 2019-20 is due primarily to country-specific factors that we believe will cause each of the world's major economic regions to slow," Neil Shearing, chief economist at research firm Capital Economics, said in a note to clients Monday.

 

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how does it compare to America 2.5%?

Yea we believe you 😂😂😂😂😂😂😂

2-3%, am I hearing this right. That is almost a 50% less than what it was declared. Need a little more research.

Prospective..The US Canada and many other countries would be doing handstands for growth between 6 and 6.5%

Prévisions de croissance pour la Chine 2019 entre 6% et 6.5%.

Even with all the Millionaire Tax Cuts, Insane Tariffs, Free-For-All Pollution and Regulation Cutting, realdonaldtrump can't even get America to 3% -- What a total Loser! The Chinese get 6.5 and dimwitdonny can't even match Obama, who didn't have a bunch of con man gimmicks.

Is this because of the China's one-child policy or Trump trade policy?

Chinese gettin' Trumped.

President Trump is 'stopping' their illegal practices and bringing 'fair trade' to the table!

More and more companies return to Germany and make MADE IN GERMANY great again, that’s the story behind!

More than TWICE the U.S.A.'s rate ;-( Can we stand so much winning ? DonTheCon is MABA/MakingAmericaBrokeAgain w/a 22+Trillion & climbing National Debt !

So as this country runs up debt and wants all these socialized programs our 1 debt holder is China....they will want their money back. What then? how showmethemath

Didnt Obama accept 2% as the new norm for the US? 6 is considered bad for China. Trump has us at 4.

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