In modern-day macroeconomics, inflation is a policy choice variable - there is essentially no long-run tradeoff between inflation and unemployment, and it is up to monetary policy to choose the long-run rate of inflation.
The Chinese economy has continued to see stable growth on the whole, and other emerging economies have generally maintained their moderate recovery trend. According to Chart 1, which shows the economic outlook released by international organizations, growth rates of the global economy for 2019 are projected to remain more or less unchanged from 2018.