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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 ....
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Biggest problem right now apart from the us china trade or. well as you said obviously the trade war with the u.s. has dealt a very big blow to the chinese economy but it s also come at a time when domestic consumption has weakened considerably especially in the last couple of years now the government has introduced some measures including tax and rate cuts in order to boost and stimulate stimulate the economy and it s also recently lift at some of those restrictions on foreign investments as well but it has stopped short of introducing a lot to me a list package and that s there s a reason for that and that s because they are free of adding to an already high debt pile and that s already beatings credit rating now it does it also has to tread very carefully here because lower growth equates to job losses and there s going to be a very politically dangerous move for beijing and you mentioned something very ....
Biggest problem right now apart from the us china trade or. well as you said obviously the trade war with the u.s. has dealt a very big blow to the chinese economy but it s also come at a time when domestic consumption has weakened considerably especially in the last couple of years now the government has introduced some measures including tax and rate cuts in order to boost and stimulate stimulate the economy and it s also recently lift at some of those restrictions on foreign investments as well but it has stopped short of introducing a lot to me a list package and that s there s a reason for that and that s because they are free of adding to an already high debt pile and that s already beatings credit rating now it does it also has to tread very carefully here because lower growth equates to job losses and there s going to be a very politically dangerous move for beijing and you mentioned something very ....