The worlds number two economy, china, grew at its slowest pace in almost three decades in the past three months, hit by the us china trade war and weakening global demand. Gdp came in at 6. 2 between april and june, the weakest pace for at least 27 years. The economy expanded by 6. 6 percent in 2018. June marked the first full month of 25 us tariffs on 200 billion of chinese goods, after the rate was raised from 10 weeks earlier. Figures on friday showed the impact of the increased tariffs on trade. Exports fell 1. 3 in june, while imports slumped 7. 3 , on flagging domestic demand. Elsewhere car sales plummeted a whopping 12. 4 percent in the first half of the year. The imf last month lowered its forecast for chinese growth for 2019 as a whole to 6. 2 , warning that uncertainty around trade tensions remains high and risks tilted to the downside. Chinas already brought forward a raft of stimulus measures to cushion the impact of its cooling economy, including tax cuts worth 297 billion
Of duty, candy crush and World Of Warcraft is the biggest in gaming history. The takeover was blocked in april this year by the uks Competition Regulator over concerns the us Computing Giant would secure too strong a foothold in the nations cloud gaming market. The delay has been a setback for microsoft, which at the time called the british decision bad for britain and the companys darkest day in its four decades of working in the uk. Well, i think for gamers theres going to be very little thats going to become apparent immediately. And one of the reasons for that is that because of the delay in getting this deal done, microsoft and activision have ended up missing the christmas and holiday promotional season. Therell be no joint promotions. Therell be no joint initiatives. It will really be 2024 before we see activision games on microsofts Subscription Service game pass. And then it be 2025 before we see call of duty, which is the one game that everyone is really looking forward to.
On safety grounds, and in some cases residents are not getting enough to eat or drink. Now on bbc news, all the latest Business News live from singapore. Despite all the scandals, samsung still appears to be making a lot of money. And the 620 meets in germany. We look at how americas protectionist stance is affecting its global position. Hello and welcome to Asia Business report. I am sharanjit welcome to Asia Business report. I am shara njit leyl. Welcome to Asia Business report. I am sharanjit leyl. From exploding mobile phone batteries to its Chief Executive being behind bars, samsung has had its share of scandals, lately. Despite all about, has had its share of scandals, lately. Despite allabout, it has had its share of scandals, lately. Despite all about, it is more money than apple in the First Quarterfor more money than apple in the First Quarter for the first time, with profit coming in at over 12 billion. And as this mobile research a nalyst billion. And as this mobile Researc
Multibillion dollar sale. Security forces in the Afghan Capital opened fire in the air to Disperse Protesters that gathered outside the president ial palace. Thousands filled the streets to protest the deaths of several members of the hazara community. Jennifer glasse reports from kabul. That is the largest gathering, thousands taking to the streets protesting the killings of the hazara. People are upset among the dead was a 9yearold girl, shukria. The people carried the coffin through the center of town laying them at the gates of the palace. They may have been killed due to Islamic State of iraq and levant, or i. S. I. S. Or the taliban. It doesnt matter. The people blame the government for a lack of security. Thats what the protests were about. There were chance calling on president ashraf ghani and his chief executive Abdullah Abdullah to resign, calling for security saying the roads were not safe. These people were hostage for a number of months and was the latest in a series of a
Hello and welcome to audiences in the uk and around the world. Were covering all the latest coronavirus developments here in britain and globally. But first lets bring you some breaking news Chinese State media is reporting that wuhan city where the outbreak began has revised its total death toll up by 50 . Thats 1,290 to more than 4,500. The number of confirmed infections was also revised upwards of 325 to more than 50,000. The wuhan municipal headquarters said the revisions were because early reporting had been delayed and inaccurate. But it stressed there had been no cover up of the realfigures. The city of 11 million has spent months in Strict Lockdown conditions, which have only recently been eased. It comes as new figures indicate the countrys economy has contracted for the First Time Since records began. Its Gross Domestic Product for the First Quarter has dropped 6. 8 , compared with last year. And a quarter before that it had grown by 6. 4 . And well have more on that story in