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China set a lower GDP from 6 to 6.5% in 2019

11 Jan 2019 09:19 AM

According to some reports recently, China is looking at GDP growth in 2019 from 6% to 6.5%, considering these targets to be lower than last year's expectations. China will maintain its inflation target of 3%, and it is likely to keep the target budget deficit below 3% of GDP this year.

But some believe that reducing the government's forecast for GDP growth was not surprising given the many uncertain factors that could play a role in influencing economic growth, most notably trade relations between US and China.

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