ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China's latest GDP growth figures reveal bad news for 2020

Economy is slowing and nation cannot rely on another massive boost in credit

| China
Growth is unlikely to come using the historical credit-fueled model.   © Chinatopix/AP

That China's real GDP growth for the fourth quarter last year came in at 6% surprised absolutely no one.

That took full-year growth to 6.1%. This was the lowest figure in 29 years but above the magic 6% level that represents a psychological barrier for Beijing but nothing much in reality. There was no way the reported rate would have been allowed to fall below 6%.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more