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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 ....
Citing the threat of Foreign Military intervention. They claim to have information a foreign power is preparing to attack. It comes after the expiry of a sunday deadline from west African Regional bloc ecowas, which demanded the coup be reversed. The group now plans to hold an Emergency Summit on thursday. Bbc correspondent chris ewokor is following the story from the neighbouring nigeria. It is one day after the expiration of the alternation given to the coup leaders by ecowas to reinstate president mohamed bazoum. The leaders are due to meet later this week to agree on the demands by ecowas mac defence chiefs and other matters which will help them resolve this diplomatically. Believers want to make very clear that coup or military takeover of the government in the region will no longer be acceptable. Meanwhile, h ....
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 ....