China's 2020 growth forecast held at 5.9 pc.


China's growth is forecast to decelerate to 5.9 percent this year, according to the World Bank, and while its latest Global Economic Prospects report suggests global growth will accelerate slightly in 2020, the outlook for the world economy remains "fragile" amid major risks to even their "tepid" forecast.

The prediction for China in 2020 is unchanged from the World Bank's previous forecast in October, with the world's second largest economy set to decelerate from 6.1 percent in 2019. China's growth slowed to 6.0 percent in the third quarter of 2019, with Beijing expected to support a target of around 6 percent for this year.

Overall, the global...

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