Fitch: Outlook for Chinese domestic demand to be a key driver of global trade in 2019

The US-based rating agency, Fitch Ratings, is out with a report on the Chinese economy with respect to the global trade scenario, with the key highlights found below.

China's domestic slowdown is what is driving global trade slump.

The US, Eurozone export growth to China falling more rapidly than total exports.

Evidence from Asia suggests an outlook for Chinese domestic demand will be a key driver of global trade this year.