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* Growth in China’s gross domestic product slowed to 6.6% last year, the slowest annual expansion since 1990. 12 rounds tamil dubbed movie free download. The fourth quarter of 2018 saw the lowest quarterly growth rate since early 2009 * The annual figure falls within Beijing’s projection of “around 6.5%,” as the country has been making efforts to shift from high-speed economic growth to high-quality growth (Beijing) — China’s economy grew 6.6% last year amid sluggish domestic and foreign demand, down from a revised 6.8% growth rate in 2017 and marking the slowest annual expansion since 1990, official data showed Monday. The slower growth came as the world’s second largest economy lost steam amid a debt-cutting campaign, a trade war with the U.S., and weak sentiment across the country. China’s gross domestic product (GDP) grew 6.4% year-on-year in the fourth quarter of 2018, down from a 6.5% rise in the previous quarter and marking the third straight quarterly drop, according to data released by the National Bureau of Statistics (NBS). The latest reading was last seen in the first quarter of 2009, when the country was mired in the global financial crisis. The GDP growth rates for the fourth quarter and full year are both in line with the median estimates of economists polled by Bloomberg. “The data confirm a challenging period for China’s economy, with weakness discernible across different sectors,” Tom Rafferty, principal economist for China at the London-based Economist Intelligence Unit, said in a note.
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Investment remained subdued Fixed-asset investment excluding rural households, a key driver of domestic demand, rose 5.9% for all of 2018, unchanged from the growth rate for the first 11 months, according to NBS data. Programma antares 83 i klyuch. The property sector cooled further, with growth in investment in real estate development dipping to 9.5% last year, compared with a 9.7% increase over the January-November period. Government-driven infrastructure investment, which includes spending on roads, railways and some other public facilities, rose 3.8% for 2018 as a whole, up from a 3.7% rise in the first 11 months, NBS data showed.