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After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that i ....
On the lebanese capital, where there have been further Air Strikes today. Israel further Air Strikes today. Says it is expanding its Ground Israel says it is expanding its Ground Invasion of lebanon. The target, according to israel, was suhail hussein husseini. He played a crucial role in Weapons Transfers from iran. Hezbollah, designated a Terrorist Group by countries like the uk and us, have not confirmed his death. Meanwhile, the decalitre of hezbollah has made a televised statement here insisting his organisation s capabilities remain intact and said israel was deluded to think otherwise and that the group had fulfilled all of its senior positions after ....
The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Ion >Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers ....