France are still raging on r. G. P. Correspondent Charlotte Dubinsky brings us the latest from paris on the impact the movement has had on the nations economy and later facebook is yet again back on the fire as a social media giant has found itself in federal court for anticompetitive practices r. T. Correspondents and months as they are that is standing by to take a deeper dive into the controversy and what maybe it had by the embattled tech company. Today so lets get to it. Official figures where china shows the country expanded by 6 point one percent and 29000 year over year which is the lowest figure and 29 years last year china has struggled with weak domestic demand and suffered impacts from the bitter trade war with the u. S. The 6 point one percent is down from its historical double digit growth however policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainabl
A solid no with industrial output investments and retail sales all rising more than expected however chinas annual aluminum production fell for the 1st time in 10 years and unsurprisingly chinas pork output plunged to a 16 year low as the african swine fever killed millions of pigs down 21 percent imports of pig pork surge as china is also the worlds biggest pork consumer which in turn caused chinas food prices to soar to an 8 year high. This is fascinating because weve seen actually World Markets react in a positive nature due to these numbers despite the g. D. P. Of china going down now we kind of expected this and this was all because we couldnt maintain those double digit numbers correct correct its because it is now a stable number and this is actually exactly in line with what the government policymakers they predicted at the beginning of the year so you could actually say that they have just met expectations and this was very positive because for the entire year people were very
Policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainable growth that has polluted the environment and lead to an explosion in debt 29000. 00 ended on a solid no with industrial output investments and retail sales all rising more than expected however chinas annual aluminum production fell for the 1st time in 10 years and unsurprisingly chinas pork output plunged to a 16 year low as the african swine fever killed millions of pigs down 21 percent imports of pig pork surge as china is also the worlds biggest pork consumer which in turn caused chinas food prices to soar to an 8 year high. This is fascinating because weve seen actually World Markets react in a positive nature due to these numbers despite the g. D. P. Of china going down now we kind of expected this and this was all because we couldnt maintain those double. Numbers correct correct its because it is now a
A couple of aluminum outages this past year there were a couple accidents and explosions in the factories and that contributed to the decline in output so if you look at the output for the overall metals and Materials Market which includes Aluminum Steel market 10 copper etc that is actually up 3. 5 percent exactly in line with expectations and also hitting an all time record high and its interesting to see whether this will actually take effect into the phase 2 if steel and aluminum because that was a big portion of why trump started this trade war in the 1st place was the what he called characterizes as the Illegal Dumping of inferior steel on the u. S. Market so well definitely take a look at that as we move forward. The strikes in france. Really strikes in france to do proposed reforms by president Emmanuel Crown have been ongoing since early december while the numbers in the streets are dwindling the lose museum in paris was forced to close friday as dozens of protesters block the
Affects you im christiane and im bridgeboro washington heres what we have on death. Despite a breakthrough in transpacific trade talks the chinese economy is slowing but do the numbers tell the whole picture well dig into the details plus transport strikes in france are still raging on r. G. P. Correspondent Charlotte Dubinsky brings us the latest from paris on the impact the movement has had on the nations economy and later facebook is yet again back on the fire as a social media giant has found itself in federal court for anticompetitive practices r. T. Correspondents and months as they are that is standing by to take a deeper dive into the controversy and what maybe it had by the embattled tech company pack show today so lets get to it. Official figures were trying to show the country expanded by 6 point one percent and 29000 year over year which is the lowest figure and 29 years last year china has struggled with weak domestic demand and suffered impacts from the bitter trade war w