Come to the of his news asia jones and the tatty with us emerging markets stocks ended a 6 day winning streak today on dismal data from china its economy grew at its lowest pace in nearly 3 decades in the quarter weak demand at home and abroad is hitting production a trade war with the u. S. Doesnt help either. From the steelworks of. To the container ports of guangdong and to shanghai as luxury shopping malls growth in the worlds 2nd largest economy is losing its gloss chinas g. D. P. Grew by 6 percent in the 3 months to the end of september thats the weakest growth since china started reporting data by quarters in 1903 officials warn of an increasingly challenging environment yes and you do let me gingerly economy maintained overall stability in the 1st 3 quarters however we must know that given the complicated on severe Economic Conditions at home and abroad slowing Global Growth and increased external instabilities uncertainties we commonly is under
mounting downward pressure. On.
downward pressure. on. many problems china faces or home grown industrial output and fixed asset investment. china s army of consumers provided some relief retail sales edged up nearly 8 percent in the u.s. china trade war is casting a long shadow slowing china growth could even calls global recession. for more let s bring in asia correspondent andrea hang in singapore that 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. well monica it s actually not a very big deal given the fact that the chinese government did give a very white target range of between 6.0 and 6.5 percent for the entire year now this is also leading to the says this it s officials in b.g. who say that they have somehow maintain stability overall in the quarter. while how
mounting downward pressure. on. many problems china faces or home grown industrial output and fixed asset investment. china s army of consumers provided some relief retail sales edged up nearly 8 percent. the us china trade war is casting a long shadow slowing china growth could even cause global recession. for more let s bring in our asia correspondent andrea hang in singapore a 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. well monica it s actually not a very big deal given the fact that the chinese government did give a very white target range of between 6.0 and 6.5 percent for the entire year now this is also leading to the says it s officials in b.g. who say that they have somehow maintain stability overall in the quarter. while how