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China growth rate headed towards GFC levels as US trade tariffs start to bite

Michael Smith

Shanghai | China is expected to confirm on Friday that its economic growth has eased to its slowest pace since the global financial crisis, even though the full force of Donald Trump's trade tariffs will not be felt until next year.

For China's ruling Communist Party, the focus will be on ensuring growth remains within its 6.5 per cent target band without letting the nation's "debt iceberg" get out of control.

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Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com

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    Original URL: https://www.afr.com/news/world/asia/china-growth-rate-headed-towards-gfc-levels-as-us-trade-tariffs-start-to-bite-20181018-h16sjh