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

Backend Engineer Internship (India/Remote)

Peakflo

Internship

USD 420000 — USD 600000 yearly

Product Design Intern

FrontPage

Karnataka,

Internship

USD 30000 — USD 50000 yearly

Senior Sales Manager | B2B

Community Phone Company

Full Time

USD 25000 — USD 200000 yearly

Technical Product Manager

Dynamo AI

California,

Full Time

USD 130000 — USD 175000 yearly

Post-doctoral Fellow, Engineering/Research

SafeBeat

Full Time

USD 60000 — USD 70000 yearly

Backend Engineer

HostAI

California,

Full Time

USD 120000 — USD 200000 yearly

Full Stack Engineer

Nextera Robotics

Massachusetts,

Full Time

USD 130000 — USD 160000 yearly

Looking for a Data Engineer

ProjectPro

Full Time

USD 600000 — USD 1000000 yearly

Lead Recruiter

FlutterFlow

Full Time

USD 160000 — USD 200000 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).