Economy grew at its slowest pace in nearly 3 decades in the 3rd quarter g. D. P. Growth slowed by more than analysts expected to 6 percent year on year the trade war between the u. S. And china is a drag on the expansion the dollar also shows so factoring out sluggish demand at home for things like cars marketplaces and chinas trading partners are looking to see what steps the government will take to stop the economy sliding. Well lets talk about stimulus and growth in the worlds 2nd biggest economy with cliff and hes been reporting on the chinese economy for years and was also based there could 6 percent think we hear 7. 11. 7 but 6 said that sounds like the data i mean we know these figures are a lot but tell me just how much worse could the situation actually be well its interesting the thing about days in china is that you know the markets they they reckon that theyre probably a bit on reliable but there can. This injury on reliable and i think thats how the markets are based but one study says china exaggerated g. D. P. By about 2 Percentage Points a year for the last 9 years yet nearly a 5th that means the economy is nearly a 5th smaller than we think but at the same time we can see that clearly theres been strong expansion there so i think people know that theyre theyre looking more i think of the general trend on the details of the days or sometimes i mean we dont know whats being bored whats being sold but. Why take those numbers in the 1st place well the days are there really to create a narrative the communist party which runs china wants to create a picture of an expanding economy it needs to keep the support of the people which is central to its rule so a lot of it is based on that reason which means that some things just dont get reported i mean unemployment days is a big deal in germany say but in china you very rarely hear about unemployment figures because the figure has been the same for 15 years its been the same bounce so you know this is basically by creating a narrative sounds like a book on a full a little bit you know what i want to get into that tell me about the trade war and its effects on these latest Growth Numbers well you know the analysts are a bit divided on this i think they think that the trade war is done its actually domestic issues that are the real problem in china but i think its definitely true that the trade war is having an effect now you know these things like shipments are down factory orders things that you know its clearly having an effect on the economy so how much worse could it get because this great war could drag on for some time and it with us for some time yet this is it i need more talking about this narrative that theyre creating even today the stuff off the sticks off as chief said the china is facing mounting downward pressure which is pretty negative so i think the i. M. F. Warns that the trade war will cut Global Growth unless they find find a solution so its very serious whats the loot the solution in the meantime as far stimulus goes because we know that the Chinese State does move big on stimulus when and when theres growth figures start falling. What can we expect is well this is an interesting one because the question is now how much room they have to make stimulus because theres a lot of Government Debt around and they built all the roads and they built all the airports you know youre running out of projects to put the money into and theyre running out of land around the cities to sell so theres a lot of the scope for stimulus isnt as big so now were going to have to see what the what the party comes up with to stimulate growth has crossed current thank you very much for coming in. Well it would also be quite useful to give the people of china a clear picture of exactly what sort of state the economy is in a Migrant Workers looking for a good deal would like to know if there is a good deal out there before relocating their lives in. This district of one joe in Southern China is a migrant enclave you share my and her friend there are among chinas estimated 280000000 Migrant Workers today the 2 are hoping to find work in one of the sweat shops. My checks the coat seems to judge how long it would take to finish one too long for her shed prefer to try elsewhere. This business would pay her 80. 00 watt and around one euro for each article of clothing that would amount to about 20 euros a day. A year ago she was able to earn twice as much as the seamstress. You wages that. Its hard to get commissions because far too many people are looking for work and that is pushing down wages the situation is much worse than last year there are too many job hunters the economy is not doing well a year ago things were much better for us it was. Here like a. Social have to continue to live off her savings. Nearby theres a factory where the sewing machines are often unused for days at a time. Thats been the case for months as the manager. Of this year is bad really bad we havent been working to capacity. Last year we hired 30 workers this year we only have half as many. Offices. Fewer orders mean less work for the people here and that means they have less money to spend economists say thats one major reason for slowing growth in china but its not the only one. It straight a lot ways to rest. The Global Economy is weakening whatever reasons hes in that put a very negative pressure on the economy. Southeast of course won a major manufacturing hub but theres little sense of bustling activity here the banner offers factory space for rent across the way its a Recruitment Agency the bus home says that factories in the tech sector that make mobile phones for instance are still hiring but other companies have left china altogether. Some of the factories have moved to Southeast Asia especially shoe manufacturers. That are you know at the moment thats putting pressure on the local job market here. Showing it as well to be edgy. And that means that you show my is likely to face months of uncertainty before she finds better paying work. One day off to britain and the European Union came to a tentative brings that agreement the pound is down the half a percent thats after britain rise by up to 5 percent best as have doubts about Prime Minister bars to johnsons chances of getting the new deal signed if so britain would go for a harder break the than in the agreement reached under his feet as a threesome make the British Parliament will discuss the new proposal on saturday. The United States has begun imposing 7 and a half 1000000000. 00 worth of tariffs on the European Union the World Trade Organization approved the putative measures for subsidies the e. U. Gives us planes the u. S. Originally went to the w t o back in 2000 for the g. s effect a long list of products like wine cheese and ham the European Commission has a list of counter tariffs it wants to impose on American Goods as washington subsidizes both. Financial correspondent all the ballots joins us now from frankfurt well whats this mean for the e. U. Companies 1st of all. Well it means that they will have higher costs when they export their wares to the United States they will have to slap the tariffs on to the price that they charge us customers for example air bus will have to slap the price onto an airplane that an airline in the United States wants to buy and then the airline has the choice of either passing it on to the customers and in the form of higher ticket prices or sucking it up and having pressure to slash costs elsewhere to make up for it if it doesnt want to make a loss and finally go bankrupt and it would be similar for other people affected winemakers or cheese makers who sell their wares in the United States theyre the retailers ultimately would have to decide what to do so obviously the going to hit back. Its prepared to head back Bruna Lemaire hes the french found in this finance minister reiterated that just now he met with u. S. Finest minister stephen minutia and he said the e. U. Is prepared to hit back with Counter Measures and its already known of course that its not just the u. S. Pleading in front of the w t o an unfair subsidies for airbus but the e. U. Is having a counter claim with the w t o unfair subsidies for boeing and that will be decided next year and its known that he already has a full list of tariffs that its ready to act on u. S. Products imported to the e. U. So whos right whos wrong i mean subsidies right in the 1st place. I dont think its a fundamental question of wrong or right you have to look at the company the situation i think in the beginning subsidies for airbus was right because the company wouldnt have started otherwise no one would have ventured that against the over dominating american competition remember boeing and back then there were other makers as well who divided the market up and among themselves but it was sensible for airbus to continue subsidies subsidies now wrong boeing and airbus highly competitive and subsidies setting sometimes the wrong signals like the development of the airbus a 380. 00 which had to falter 1st in frankfurt. Now lets take a close look at how those u. S. Tariffs are affecting spains famous all of industry which is already struggling with a sudden surge in competition from abroad. In and alysia they call it liquid gold but just recently olive oil has lost its luster the pharmacy produce it in Southern Spain is vast olive groves have been hit by a double whammy of tumbling prices and u. S. Tariffs. Growers are in danger we cant compete with the oils that are coming from abroad we cant compete with the new plantations. Cant compete with the terror that mr trump is placing on us. Thats choking us with our. Puppet he got on with. His life pavlo evacuated other european exporters in asking why theyve been dragged into a dispute about airplanes the us imports 320000 tons of European Olive Oil each year most of it pressed in spain. On enjoy imports into the United States are going to be taxed at 25 percent. Thats going to have repercussions on the american market. Because theyll start to buy oil from other countries that dont face such tariffs like morocco or tunisia. One spot or the olive oil is already worth less than it costs to produce fridays tariffs can only deliver a further squeeze. I think this is worth it. Sitting rooms are a. Symbol of the long conflict in the philippines. Between the muslims and the christian population laughs the best fighters occupied the city center in 2017 president to churchs response was. During. The cold. The. Conquest turned into tragedy this is not the kind of freedom that mean one. How did it become a gateway to islam a stir. An exclusive report from a destroyed city. In the sights of our guests starts october 24th on w. Hello and welcome to news from the world of arts and culture is whats coming up for you today. One of the great lyric tennis around today simon appears will be popping in for a quick check. On the way of drowning in packaging illustrated only too well by photographer. Latest project. But for us the biggest book fair and the world is on the way in germanys Business Capital frank office publishes journalists and creative people from around the world. King negotiating deals as we speak and one of the big talking points there and indeed in the literary world as a whole is not surprisingly new technology and its application and list refold is more on the subject stopping both in. The future human berlin is a newly opened center for questions of the future here we need to write. The indian born speculative fiction author from new york. And ann compton who lives in berlin and vienna theyre both interested in the future of writing and fascinated by the new possibilities