China economy slumps as U.S. trade war hits
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China’s economic growth has slumped to its lowest level since 1992 as it suffers from a prolonged trade war with the United States

CHINA GDP ANNUAL GROWTH RATE (%) 
16
14 
12 
10
8 
6 
4 
2
0 1992 2000 2010 2019

Jul 1997: Asian financial crisis begins

Apr 2007: Global financial crisis begins

Mar 2018: President Trump applies tariffs on $50-60bn-worth of Chinese goods. China responds in kind – trade war begins

Q2 GDP growth falls to 6.2%
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Chinese President Xi Jinping talks with U.S. President Donald Trump in 2017
Note: China’s National Bureau of Statistics began keeping modern quarterly GDP records in 1992 
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Sources: CNN, New York Times, Trading Economics Picture: Associated Press © GRAPHIC NEWS