China growth likely to be slowest in decades

By Agence France-Presse

Jan 16, 2024 12:31 am

BEIJING: China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.

A group of ten experts interviewed by AFP forecast China's gross domestic product (GDP) to have expanded 5.2 percent, which would represent the lowest rate since 1990, outside of the Covid-19 pandemic.

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