we have a feed through from the chinese economy to the rest of the world through chinese investment, particularly property investment and infrastructure investment, and the news on that front is not quite so positive yet. we are still seeing relatively sluggish investment in those areas. a lot of the recent improvement has actually come from the consumer sector, which is a good thing for china s economy, where we are seeing some rebalancing away from investment, but in terms of chinese demand for what the rest of the world produces, it is not quite as positive a development. having said that, despite the continued weakness in the property sector, there were some green shoots in the data today. i think we could see a bit of relief for the housing market over the next few quarters and that definitely will be a positive for the rest of the world as well. today s gdp news comes as president xi hosts an anniversary belt and road forum in beijing. the meeting celebrates ten years o
both domestically in getting china s economy on track as well as internationally as the country tries to navigate a tense geopolitical environment. we are also going to see and he is back with us here on a show business report. thank you for coming back again for us as we continue to track the story as the world leaders gather there. we are still waiting for xi jinping to speak but in your expectation and estimation what are you seeing will be a thrust of the speech there. this are you seeing will be a thrust of the speech there. of the speech there. this is a time of stock-taking - of the speech there. this is a time of stock-taking on - of the speech there. this is a time of stock-taking on both| time of stock taking on both side. china s reassessment of the initiative and countries on the initiative and countries on the receiving end are getting a little concerned about the strings that seem to come attached with it in the form of the slightly odorous terms of some of the
by an israeli airstrike. the israeli military has denied responsibility, saying the blast was caused by a failed rocket launched by the gaza based militant group palestinian islamic jihad. us presidentjoe biden is currently travelling to israel, but a planned summit injordan with arab leaders has now been cancelled. biden s visit is designed to further demonstrate america s support for israel. the white house is saying the us is optimistic about getting humanitarian aid into gaza. on our website we have a live page that is constantly updating with the latest developments but now let s focus on the top business stories. here in europe in a few hours we will be getting a clearer picture on where inflation is headed. for the uk and eurozone the latest data is out today and it s hoped the cost of living crisis will continue to ease. in the uk the rate of inflation slowed to 6.7% in the year to august. for the eurozone the latest estimate has inflation hovering around 4.3%. fo
china s economy on track as well as internationally as a country tries to navigate a rather tense geopolitical environment. i ve been speaking to and economy of cornell university. he told me how the belt and road initiative had achieved mixed results for china. , ., china. the belt and road initiative china. the belt and road initiative was china. the belt and road initiative was china s - china. the belt and road - initiative was china s attempt to use its economic muscle in order to gain both geopolitical and economic inroads and at the same time broaden its economic breach by providing opportunities for other countries and their transport and other infrastructure nets that try to link china with other countries. some of these have not paid off very well, evenin have not paid off very well, even in times of economic terms or geopolitical terms. china is getting pushback from countries that feel they have incurred debts to china that will be very difficult to pay off. i
Registered Boulder votes can dictate the future of the airport by signing two petitions to close the airport and convert it into deed-restricted housing.