Country Snapshot: Mongolia
Will resource nationalism return and disrupt?
Growth declined in 2019. Despite the surge in coal exports to China last year, GDP growth dropped to 5.1% for the year, from 6.9% in 2018 and 8.6% in 1Q19. Delays with the Oyu Tolgoi expansion and problems in other sectors, such as agriculture, balanced out the coal growth.
03/03/2020
