India, Jan. 21 -- China's economy expanded at the weakest pace in nearly three decades in 2018 as the trade war with the U.S. hurt business activity and sentiment.
Full-year growth slowed to 6.6 percent in 2018, which was weakest pace of expansion since 1990, data from the National Bureau of Statistics showed on Monday.
The growth rate exceeded the around 6.5 percent target of the government and was in line with economists' expectations. The agency had revised down the 2017 growth figure to 6.8 percent from 6.9 percent on Friday.
Gross domestic product grew 6.4 percent year-on-year in the fourth quarter of 2018, which was slower than the 6.5 percent expansion in the previous three months. The latest growth rate was the weakest since the ...