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

Software Engineer, Developer Productivity

Whatnot

California,

Full Time

USD 185000 — USD 245000 yearly

Backend Engineer (Remote)

Fathom

Full Time

USD 150000 — USD 200000 yearly

Head of People

Stepful

New York,

Full Time

USD 160000 — USD 180000 yearly

Developer Experience Engineer

Recall.ai

California,

Full Time

USD 150000 — USD 180000 yearly

UI Engineer

Netmaker

Full Time

USD 25000 — USD 50000 yearly

Software Engineer (Backend)

Paces

New York,

Full Time

USD 150000 — USD 200000 yearly

LLM Engineer

Spellbrush

California,

Full Time

Salary Undisclosed

Founders Office (CEO's Office) - Product Manager

Explorex

Karnataka,

Full Time

USD 1200000 — USD 1500000 yearly

Senior Frontend Engineer

PermitFlow

New York,

Full Time

USD 150000 — USD 240000 yearly

Account Executive

Corgi

California,

Full Time

USD 80000 — USD 150000 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 - 2024 BEAMSTART. All Rights Reserved (Legal).