Bangladesh, April 16 -- Over the last year there have been pessimist comments about how the Chinese economy is gradually eroding and how the trade war with the United States is affecting its growth. There have also been reports that dire aspects associated with the Chinese economy have been over stressed.
The latest Asian Development Outlook (ADO) 2019, flagship economic publication of the Asian Development Bank (ADB), in its report issued in the first week of April has clarified matters. It has been stated that China's economy will continue to grow above 6.0 per cent this year and next in line with the Chinese government's growth target of 6.0 to 6.5 per cent. It may however reduce a bit from the current 6.3 per cent to 6.1 per cent in 20...