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home / news releases / VT - China Growth Loses Luster But The World Is Growing


VT - China Growth Loses Luster But The World Is Growing

An important key to investing is to remember that stocks are not lottery tickets. - Peter Lynch

China came out with lackluster growth on Friday, January 17, when they reported an annual GDP growth of 6.1% for 2019. This was within the range they were targeting; however, 6.1% was the slowest annual growth pace in almost three decades - 29 years to be exact. 2019, of course, was a challenging year for China. They were engaged in a costly trade war with the U.S. and have seen diminishing returns from government spending in recent years.

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Stock Information

Company Name: Vanguard Total World Stock Index
Stock Symbol: VT
Market: NYSE

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