Physical and lets you Business Trade frictions seeing chinas main growth engines volta its Services Sector is no longer booming putting pressure on jobs retail sales growth is at a 16 year low and chinese factory upward grew significantly slower than expected last month global answer best demand a weak chinas trade war with the u. S. Is dragging on and stock markets in the region of falling japans economy at least holds during the 3rd quarter growth of point 2 percent is well below the previous posters 1. 8 percent as pressure on policymakers in both japan and china to brand up stimulus. Lets go over to Chelsea Delaney off a National Correspondent in frankfurt chelsea where is all this leading. Really only further downward for both of these economies at the heart of the slowdown and japan and china is really the trade tensions between the u. S. And china which of put a drag on global trade but they also are both dealing with domestic issues as well japan has recently raised sales taxes
Narrowed the avoided entering a technical recession economy grew by point one percent in the last quarter surprising analysts whod expected stagnation it would feel as europes economic engine was headed for a recession off the growth slowed in the 2nd quarter its borderline germany has struggled as a result of the u. S. China trade war and slowing global demand. Was a joins us from the economic effects achieved in munich what is the problem here we have full employment order books a full life is good. Duff the German Economy currently has 2 faces for most of the people i would say that life is definitely good this is the case for those who are working in the more domestically are sectors of the German Economy that this in services in the retail trade or in construction this is the part of the g. German economy that is currently doing well on the other hand the situation is quite different in manufacturing where production is shrinking for more than a year now and here in this part of t
That these measures that work youre right weve seen i receive a continued slowdown in if you look at the Economic Growth as a hold of was reduced a few quarters ago at a at the end of this quarter we saw slow down to the lowest growth ever basically and this for october data was your slowdown in retail a fixed Asset Investment uncritically investment into fat Manufacturing Capabilities now you said that. The stimulus measures on particular working in this is particularly reflected from new bank lending which has reached one of the lowest levels of the. Arctic. And our team is. Government is working on the supply side but the demand side is not holding up so there is theres too few bankable projects there is too much money restrictions in the Financial System which lead to bank lending siding and the us as a result of growth not picking up now that sounds like bad news all the way for china but we although we know that the u. S. China trade war has weighed heavily on both sides theres m
A few quarters ago at a at the end of this quarter we saw slow down to the lowest growth and ever basically and for october data we see a slowdown in retail a fixed Asset Investment uncritically investment into fat Manufacturing Capabilities now you saw. That the stimulus measures on particular working and this is particularly reflected from new bank lending which has reached one of the lowest levels of the. Arctic. And our team is. The government is working on the supply side but the demand side is not holding up so there is theres too few bankable projects there is too much money restrictions in the Financial System which lead to bank lending siding and the us as a result of growth not picking up now that sounds like bad news all the way for china but we although we know that the u. S. China trade war has weighed heavily on both sides theres mixed messages around whether these 2 sides will come to a resolution now china has a key condition for a deal now lets listen to the statement
Part and send us your story we are trying in all with to understand this new culture. You are not a visitor nothing yet you want to become citizens. In full migrants your platform for reliable information. The u. S. China trade talks stall on agricultural imports while donald trump claims an agreement is just around the corner china makes a 1st step lifting a ban on u. S. Poultry products. Also on the show the German Parliament clears the way for the controversial north stream to pipeline raising concerns about dependency on russian gas in germany and europe. And keeping the peace young colombian Business People help thanks to reify theres reintegrate into society. And some for business under the w m r you know yes its good to have you with us the u. S. Government has praised china for lifting a ban. And on poultry imports from the United States the measure by the Chinese Government will allow american poultry products worth more than 1000000000. 00 to be exported to china u. S. Trade