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Transcripts For DW Business 20240713

Just. On chris colfer welcome to the program chinas Gross Domestic Product last year grew at its slowest pace in almost 3 decades weaker exports and sluggish consumer demand weighed on the worlds 2nd biggest economy slowing Economic Growth to 6 point one percent while that was within the governments target zone and was lower than economists had forecast. The Chinese Government aims to accentuate the positive visit announced the countrys worst g. D. P. Growth since 1990. You suddenly turned up in 2019 the economy grew by 6 point one percent on the Previous Year that meets the projected target of 6 to 6. 5 percent. But those latest figures are an unwanted sign that beijing has failed to improve conditions the way it would have liked. Chinas expansion has been slowing for much of the last decade edging ever closer to the 6 percent mark some analysts say needs to stay above that point to continue generating jobs the latest figure takes it uncomfortably close. The government has already tri

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