China's economic slowdown expected to affect Asia in 2019

Asia is a major trading partner of China.


Wallace Ho

6 Jan, 2019

China's economic slowdown expected to affect Asia in 2019 | BEAMSTART News

- From our Sponsors -

Asia is expected to face one of the region's largest internal and external economic challenges this 2019, partly due to China.

Economists expect a decrease in China's growth as compared to 2018, which will affect economies across Asia.

China's GDP growth saw a decline across 2018, at 6.8% Q1, 6.7% Q2, and 6.5% Q3 respectively.

China's government has also cut back infrastructure spending to reduce local debt.

President Xi Jinping

A slowdown in China will have ripple effects across Asia, as it is a major trading partner for most countries in the region. 

At the same time, growth in technology sectors is slowing worldwide overall, potentially affecting growth of electronics.

Apple has lost over 20% in market capitalization due to economic slowdown in China.

This will significantly affect the region's market confidence, especially in public markets. 



- From our Sponsors -

Latest Jobs

Forward Deployed Engineer

Vapi

California,

Full Time

USD 150000 — USD 300000 yearly

VP of Engineering

Activeloop

California,

Full Time

USD 200000 — USD 300000 yearly

Senior Software Engineer (Infra)

Numeral

Full Time

USD 200000 — USD 300000 yearly

Senior Software Engineer, Backend

Numero

Full Time

USD 150000 — USD 190000 yearly

DevOps Engineer

Centaur Labs

Massachusetts,

Full Time

USD 90000 — USD 125000 yearly

Senior Software Engineer

imgix

Full Time

USD 140000 — USD 200000 yearly

Backend Product Engineer (Golang)

Invopop

Community of Madrid,

Full Time

USD 35000 — USD 75000 yearly

DevOps/QA Engineer

Santé

New York,

Full Time

USD 90000 — USD 120000 yearly

Finance & Internal Ops Lead

Glimpse

New York,

Full Time

USD 140000 — USD 220000 yearly

Head of Accounting

SafetyWing

Full Time

USD 90000 — USD 144000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).