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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 ....
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 Mon ....
I remember covering it when beyond meat first came to the market and its share price popped on the first day of trading at the nasdaq stock exchange. and there was a lot of excitement around the idea that here was a product that not only was great for vegans, but also for meat eaters who perhaps wanted to do their bit to try and kind of reduce the emissions related to sort of the production of meat and switch to something that was plant based. now, you fast forward a couple of years and here is this company that s reporting a 30% drop in sales. you know, i mean, a third of their sales have fallen. and so there is concern, is this unique to this company or does it reflect a bigger trend? are we seeing people s appetite change? and if you listen to what the ceo said, he talked about the fact that you have high inflation, which has meant that people have cut back. that is some of the reason they have ....
Juicy steak is back on the menu? i remember covering it when beyond meat first came to the market and its share price popped on the first day of trading. and there was a lot of excitement around the idea that he was a product that not only was great for vegans but also for meat eaters who perhaps wanted to do their bit to try and reduce the emissions related to the production of meat and switch to something that was plant based. now you fast forward a couple of years and here is this company that is reporting a 30% drop in sales. a third of their sales has fallen. so there is concern, as it is unique to this company or does it reflect a bigger trend? are we seeing people s appetites change? if you listen to what the ceo said, he talked about the fact that you have high inflation which has meant that ....