CHINA ECONOMIC Growth hits lowest level for three decades


China has reported its weakest economic growth for almost three decades as it battles a series of challenges including its trade war with the United States.

The world’s second-largest economy said output was 6.1% higher during 2019 – the lowest level since 1990 – down from 6.6% in the previous 12 months.

The fourth-quarter figure came in as expected at 6% as it was not until December that Beijing and Washington agreed on a so-called phase one deal, signed this week, to ease trade tensions.

The phase one deal means his government has agreed to cancel planned tariff hikes on additional Chinese imports while it sees Beijing commit to buying more American farm goods.