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Into society. This is the business im on in berlin welcome surprising figures from china show the countrys industrial output grew at a significantly slower rate than expected during october production increased by 4. 7 percent year on year despite many analysts expecting growth above 5 percent demand in the worlds 2nd biggest economy has been slowing and g. D. P. Growth is at its lowest rate for 3 decades chinese investors are hoping to get in near term boost if a preliminary trade deal can be reached with a us. Maximillian count felt from the market the institute for China Studies joins me now in the studio welcome now china introduced all these measures in order to shore up growth like cutting taxes for example it would appear that these measures that work youre right weve seen i receive
a continued slow down in the if you look at Economic Growth as a hold of was reduced a ....
Products and this is something that comes up time and again in negotiations the american side demands purchases of agricultural goods this is the to clear him important at the moment because the us is heading towards election in 2020 and in the states that do exports are good cultural goods to china a lot of them are voting for trump which means that if he can secure a trade deal for them they might not come off and go through him. so given all of that how likely is it then that we will see a settlement this year well there was the talk of the so-called face one trade deal now we ve heard we ve heard similar stories before just been promises of purchases of these are great cultural goods but usually what happens is that it doesn t tiriel us this time markets has been the case in the past markets have responded to to with hope towards a trade deal we ve seen currency appreciation on the chinese side but i wouldn t be too optimistic i think we need to wait and see waiting and seeing is w ....