The value of imports also fell by more than expected. Down 12. 4 onjuly a year ago, but that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period as the country continued its post covid recovery. And last month chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist, hejoins me now from tel aviv. Its a grim picture for china, isnt it . The third consecutive month of decline. Whats going wrong for them . ,. , decline. Whats going wrong for them . ,. ,. ,. , them . Some people are going to say its ust them . Some people are going to say its just basically them . Some people are going to say itsjust basically a them . Some people are going to say itsjust bas
Of the Global Economy given so many countries do so much trade with china. Chinese Government Data shows that the value of exports fell 14. 5 compared to the same month a year ago. That suggests the rest of the world is buying less stuff. The value of imports also fell by more than expected, down 12. 4 onjuly a year ago. But that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government, who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period, as the country continued its post covid recovery. And last month, chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist and has been telling me what he makes of the numbers. You know, like some people are going to say, well, this is just basically a reflection of the curren
airport nightmare next week, warning there could be major flight delays if airlines don t update their 5g boost happening on july 1. mayor pete saying: hopefully there won t be another repeat of what happened in january. when faa system glitch grounded thousands of planes across the united states, so maybe the answer to fixing the 5g issue is taking a vacation from the phone, a tourist hot spot in sti fin lap land creates first cell phone-free island. let s take it to the table. grif, this a huge price tag, you have covered a lot of administrations, has there been this many issues with transportation. no, let s say i heard the beginning of show i m glad i m going back to dc on a drain, we should revive the train thing. there may be an issue with that in biden s america. if your name is pete buttigieg, you have one job, make sure that planes take off and land and reasonably in a normal time realm vent to their time, interestingly enough in research reading for show it
airport nightmare next week, warning there could be major flight delays if airlines don t update their 5g boost happening on july 1. mayor pete saying: hopefully there won t be another repeat of what happened in january. when faa system glitch grounded thousands of planes across the united states, so maybe the answer to fixing the 5g issue is taking a vacation from the phone, a tourist hot spot in fin l land creates first cell phone-free island. let s take it to the table. grif, this a huge price tag, you have covered a lot of administrations, has there been this many issues with transportation. no, let s say i heard the beginning of show i m glad i m going back to dc on a drain, we should revive the train thing. there may be an issue with that in biden s america. if your name is pete buttigieg, you have one job, make sure that planes take off and land and reasonably in a normal time realm vent to their time, interestingly enough in research reading for show it looks
airport nightmare next week, warning there could be major flight delays if airlines don t update their 5g boost happening on july 1. mayor pete saying: hopefully there won t be another repeat of what happened in january. when faa system glitch grounded thousands of planes across the united states, so maybe the answer to fixing the 5g issue is taking a vacation from the phone, a tourist hot spot in sti fin lap land creates first cell phone-free island. let s take it to the table. grif, this a huge price tag, you have covered a lot of administrations, has there been this many issues with transportation. no, let s say i heard the beginning of show i m glad i m going back to dc on a drain, we should revive the train thing. there may be an issue with that in biden s america. if your name is pete buttigieg, you have one job, make sure that planes take off and land and reasonably in a normal time realm vent to their time, interestingly enough in research reading for show it