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Problems In Communist Paradise…China Growth Slows To 29 Year Low In 2019 Despite Q4 Rebound

Problems In Communist Paradise...China Growth Slows To 29 Year Low In 2019 Despite Q4 Rebound
Economy Meal on Air China plane
Image by MB-one

With phase-one talks completed in October (and signed this week), tonight’s Q4 GDP and December smorgasbord of data is being keenly watched by the market for any signs that China’s massive credit stimulus has actually done any good at all.

Ahead of tonight’s key China data dump, State Grid, China’s largest utility company, has warned the rate of economic growth in the country could plunge to 4% within the next four years, according to internal forecasts…

To read more visit Zero Hedge.

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