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China GDP grows 6.1% in 2019, slowest rate in 29 years

Sliding birthrate, tariffs and weak manufacturing investment remain a drag

SHANGHAI -- China's gross domestic product grew at the slowest pace in 29 years in 2019, as weaker exports, investment and consumer spending weighed on the economy.

The 6.1% expansion marked a slowdown from the 6.6% growth seen the previous year, the National Bureau of Statistics said Friday. Growth in the last quarter of 2019 equaled the 6.0% logged in the July-September period.

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