know there s more to it it s a combination of factors we should not forget that china has been transforming its economy for quite a while now the chinese government wants less manufacturing less exports more internal more domestic demand and more services. when next week the parliament in china will come together the overall growth rate the expected growth rate for this year will be reduced to a range between six and six and a half percent that s down from a six percent six point six percent growth rate and twenty eighteen this slowdown is part of a plan but the trade spat between the chinese and the americans has you know accelerated this transformation it has made it much more unpredictable much more disruptive all right so we all look forward to the weekend for a little bit of
form a minority government with the backing of two center right parties the cross party deal was struck to keep the far right populist sweden democrats i have government. russia s foreign minister sergey lavrov says his country is open to a proposal to send german monitors to the kurdish stright which became a flashpoint between russia and ukraine two months ago the comments came as germany s foreign minister heikal mass visits moscow. a car bomb has exploded outside a police academy in the colombian capital killing at least twenty one people and injuring dozens more the attack is thought to have been carried out by a fifty seven year old man with links to the national liberation army guerrilla group. a. good day to taunt speedy on the table in the trade spat between the e.u.
why is the data from beijing effecting investors this morning? it s spooking investors because the chinese economy is so big, so important to the rest of the world that they watch skra very closely what goes on there. very closely what goes on there. trade spat is affecting the economy, but also the domestic chinese economy and the health of that portion of the country. and the data out overnight has raised concernsig on these two different fronts. so together, with what the market is already concerned about, fed policy, european economic slowdown, this is just weighing on the outlook for 2019 and we are seeing losses here in europe and, as you said, quite a weak start to the asia session, as well. yeah. i think people are really wondering whether or not this market is going to level out
berlin good to have you with us now if there was one topic dominating the economy in twenty eighteen it was trade swiss u.s. president donald trump attacking partners in the e.u. as well as canada mexico with whom he signed an updated version of nafta called u s m c a and then of course it was china trump went after the country for its trade imbalance with the u.s. and started a trade spat that ended in tariffs on cost electronics agricultural products and other goods worth billions of dollars over the weekend trump said on twitter the. he has been talking to china s paying about a comprehensive trade deal that progress is being made and on the last trading day of the year chinese stocks ended the session in positive territory for more let s cross over to andrea hang in singapore andrea how much of those gains are actually down to those trade talks between the u.s. and china a lot of it has to do with the chinese china us to. provide
do you expect he will have to answer more questions in writing? i think i announced ten days ago over my dead body and i m not dead yet. that answers that. then there s the stock market and the economy. markets were up but are still on pace for the worst december since the financial crisis thanks to fears that include the president s trade spat with china and his argument with the fed over raising interesting rates. we have said it before but it bears repeating, usually, a presidency is tested by a crisis. what happens when the presidency itself is largely the crisis? or in this case, crises. we have the latest fall out over the shutdown. msnbc legal analyst and former u.s. attorney joyce vance is here to break down those legal woes. the panel is here for what it means politically.