The slower rate of expansion has raised concerns about the potential knock-on effect to global growth. Copper is technically in a bear market with the price plunging more than 20% since peaking in June 2018 over fears of the impact of the trade dispute between China and the US. Between the two countries that is nearly 40% of the world's GDP from just these two countries.
Apple made a surprise announcement earlier this month when it issued a downward sales revision because of lower than expected demand for its iPhones in China.
There is evidence that the slowdown may be worse than the official figures indicate. Shares rose in Shanghai and Hong Kong on Monday, Jan. 21, 2019, as China reported that its growth fell to a three-decade low of 6.6 percent in 2018.
Citigroup Inc. warned in a January 14 note that the China slowdown may "blow the global economy off course".
Monday's data also showed consumption played an increasingly bigger role in the economy, contributing 76.2 percent of GDP growth, up significantly by 18.6 percentage points from a year ago.
With President Xi Jinping's top economic aide Liu He heading to the USA this month, the challenging economic background adds pressure to reach a deal on trade.
However, the consumer strength gauge is around the weakest in 15 years.
French government makes no-deal Brexit plans
He said: "I think my solution to the Brexit blockage would be a Second Referendum with two options, No Deal or No Brexit". Mrs May will be meeting with "a large number" of Cabinet ministers in Downing Street today, a No 10 spokeswoman said.
"Considering the deterioration of corporate profitability, the downward pressure on the real estate market, still uncertain external demand, and the decline in the growth rate of new service industries, pressure on employment in many industries this year can not be ruled out, "the CICC analysts said".
Given the continued headwinds created by the government campaign to reduce debt and risky lending in the economy, as well as the trade war with the United States, the government reportedly will set a growth target range of between 6 and 6.5 per cent for this year. In other words, new investment has less impact on the overall economy while debt levels increase.
In Ningbo, a port city also in Zhejiang, newborns fell by 16.98 per cent past year, compared to 2017. They predict the decline will bottom out this year as Beijing's stimulus efforts gain traction. A great deal of that investment has gone to waste with as many as 65 million apartments in China that are unoccupied.
Growing signs of weakness in China - which has generated almost a third of global growth in recent years - are fueling anxiety about risks to the world economy and are weighing on profits for firms ranging from Apple to big carmakers.
The World Bank report produced earlier this month warned of "storm clouds" with lower growth expected in the major economies.
Growth in the fourth quarter came in at 6.4 percent, down from 6.5 percent seen in the third quarter, NBS data showed. The figure released on Monday was in line with many economists' forecasts.
Naoto Saito, chief researcher at Daiwa Institute of Research in Tokyo, said: "The government has means to support the economy". The reason I say this is because when I visited China in 2015 and met with Chinese defence officials, they had told me that China was looking to take advantage of strategic opportunities that the global scenario affords.
Serena Williams proved too strong for top seed Simona Halep as she booked her spot in the quarter-finals of the Australian Open . Serena Williams suffered an embarrassing gaffe before her game at with Simona Halep at the Australian Open .
Shockingly, Police say Aiia was speaking to her sister, who lives overseas, on her phone when the attack occurred. A man has been arrested over the killing of a 21-year-old Israeli student in Melbourne , Australian police say.
The Vietnamese Ministry of Foreign Affairs in Hanoi didn't immediately respond to an emailed request for comment Monday. The 2019 diplomatic season between the United States and North Korea is officially on.
It said it had shot down five out of six missiles targeting positions near the global airport near Damascus . The overnight strikes targeted munitions depots, intelligence sites, a training camp and more, Conricus said.
Producers of another Netflix show, however, announced they would be replacing the same footage used in an episode after outrage. Morin said she spoke with a Netflix representative today and asked the company to review its catalogue and remove the images.
He told CNN's State of the Union: "So what if he talked to him?" while insisting that the president did not instruct Cohen to lie. Cohen was pursuing the deal in Russian Federation , while Trump was focused on the election, he said.
The NFL logo and set are seen at New York's Radio City Music Hall before the start of the 2013 NFL Draft April 25, 2013. It's no secret that controversial officiating played a big role on Championship Sunday around the NFL.
His father, Averion Hurts , infamously said his son was going to become the biggest free agent in college football history. Baker Mayfield won in 2017 during Lincoln Riley's first season as Oklahoma's head coach, and Murray did it again in 2018.
Let's do this together: For ourselves, for our kids, for our country, ' the Senator said in her announcement video . She had said she would make a decision about running after consulting with family during the winter holiday.
Deripaska accused Manafort and Rick Gates (Trump campaign's former deputy chairman) of disappearing with $26 million of his money. At a luncheon with Senate Republicans on Tuesday, Mnuchin asked lawmakers to support the rollback of sanctions on the companies.
Erdogan - Turkey is ready to take over Syria's Manbij
An Islamic State statement on Wednesday said that a Syrian suicide bomber had detonated his explosive vest in Manbij. The explosion in the northern city of Manbij Wednesday killed the four Americans and at least 10 other people.
Oil prices decline as global glut concerns linger
Oil prices declined on Thursday as investors continued to worry about a global glut, which is fueled by rising USA crude output. "The oil industry can not afford to relapse into another downturn", he said in reference to a 2014-2016 oil market slump.
Ocean Ramsey Swims with Massive Great White
She added to The Star-Advertiser, "She is an absolutely handsome and magnificent being that both commands and deserves respect". The female aquatic predator joined some small sharks feasting on a sperm whale carcass, according to South China Morning Post .
Sharapova beats Wozniacki at Australian Open
Against one of the game's fittest and most relentless players, the Russian won 17 of 23 rallies which lasted nine shots or more. Barty has played eight singles matches in 12 days, as well as her first-round doubles win in Melbourne .
Tesla to cut jobs as cars 'too expensive'
The company's 5.3 per cent bonds due 2025 opened trading Friday sharply lower, one of the biggest losers in the high-yield market. That goal was announced in May of 2016 based on advance orders for its mid-range Model 3 , which Musk said sells for $44,000.