We have a feed through from the chinese economy to the rest of the world through chinese investment, particularly Property Investment and infrastructure investment, and the news on that front is not quite so positive yet. We are still seeing relatively sluggish investment in those areas. A lot of the recent improvement has actually come from the consumer sector, which is a good thing for chinas economy, where we are seeing some rebalancing away from investment, but in terms of chinese demand for what the rest of the world produces, it is not quite as positive a development. Having said that, despite the continued weakness in the property sector, there were some green shoots in the data today. I think we could see a bit of relief for the Housing Market over the next few quarters and that definitely will be a positive for the rest of the world as well. Todays gdp news comes as president xi hosts an anniversary belt and road forum in beijing. The meeting celebrates ten years of president
For humanitarian assistance in both gaza and the west bank. This money will support more than one million displaced and conflict affected palestinians, including Emergency Needs in gaza. The conflict in the middle east remains our focus here on the conflict in the middle east remains ourfocus here on bbc news, but lets move on to netflix. Netflix shares are up after the Company Reported a boost in subscriber growth. The streaming platform now has more than 240 million subscribers, adding 8. 7 million of them sincejune. 0ur north America Business correspondent Michelle Fleury has the latest from new york. Its been less than six months since netflix started to crack down on password sharing, and it appears to be working because it shows like the which are help it retain its customers while new Pricing Options on offer, including a less extreme wing democrat expensive a less expensive plan pot the streaming giant said it was a priority for the company. They plan to roll out lots of new pr
Three quarters of the world population, over half of the total wealth of the globe. Now a bri project could be a railway and tenure, a port in sri a bridge in the maldives. The largest project so far has been the china pakistan corridor. A 60 billion network of Roads Railways and pipelines, going through a density Mountain Pass on the china pakistan border. The second thing you need to know is that it has two official names. 0ne is that it has two official names. One for inside china and one for outside. Initially it was called one built one road which sounds great in chinese. The problem is in english it sounds a bit bossy, that china is dictating to the rest of the world. So a few years ago the official english name was changed to the slightly bland but definitely less threatening belt and road initiative. The third thing is that it is controversial for some. China has ploughed more than 1 trillion into developing countries. There are trains, airports and roads that literally would n
Of the globe. Now a bri project could be a railway in kenya, a port in sri lanka, a bridge in the maldives. The largest project so far has been the china Pakistan Economic corridor. A 60 billion network of Roads Railways and pipelines, going through a deserty Mountain Pass on the china pakistan border. The second thing you need to know is that it has two official names. One for inside china and one for outside. Initially it was called one belt, one road which sounds great in chinese. The problem is in english it sounds a bit bossy, that china is dictating to the rest of the world. So a few years ago the official english name was changed to the slightly blander but definitely less threatening belt and Road Initiative. The third thing is that it is controversial for some. China has ploughed more than 1 trillion into developing countries. There are trains, airports and roads that literally would not exist were it not for chinese investment. Ultimately, nothing comes for free. Is it a so c
Down The Cost Of Living which has been one of the main issues in the election. The economy has been teetering on the brink of recession while New Zealanders have been feeling the pinch from soaring prices as well as unaffordable housing. Meanwhile the central bank has pledged not to lower the official cash rate from its 15 year high until inflation is backin 15 year high until inflation is back in the targeted Comfort Range of 1 up to 3 . We have spoken to Arthur Grimes from Victoria University of wellington who spent a decade as chairman at the Reserve Bank Of New Zealand between 2003 and 2013. , a, ,. , 2013. There are many priorities for the incoming 2013. There are many priorities for the incoming government. | for the incoming government. The issue will be the structure of the government as to whether they will be able to do much to tackle the economic problems that are there. At the moment, we dont know and we wont know for another two weeks whether the new Prime Minister will be