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

Technical Recruiter (Contract to Hire)

Pocket Worlds

Austin, TX, United States

Full Time

Salary Undisclosed

Senior Sales Development Representative

Instawork

San Francisco, United States

Full Time

Salary Undisclosed

Software Engineer Intern

Curri

Ventura, CA, United States

Internship

USD 25 — USD 35 yearly

Lead Designer

Latent

San Francisco, United States

Full Time

USD 120 — USD 180 yearly

Full-Stack Founding Engineer

ProSights

New York, United States

Full Time

USD 70000 — USD 175000 yearly

ai engineer -- RAG/LLMs (sf)

buildspace

San Francisco, United States

Full Time

USD 120000 — USD 220000 yearly

Test Automation Engineer

Overview

San Francisco, United States

Full Time

USD 110000 — USD 160000 yearly

Software Engineer Intern

Taiki

United States

Internship

USD 5000 yearly

Founding Engineer

Openmart

United States

Full Time

USD 130000 — USD 160000 yearly

Head of Checkr Trust

Checkr

San Francisco, United States

Full Time

USD 307168 — USD 415580 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).