Do business there are growing fears the world could slip into recession china s economy grew at its slowest pace in nearly 3 decades in the 3rd quarter we get a mad at home and abroad is hitting production and beijing s trade war with washington is throwing a spanner into the works. from the steel works of. to the container ports of guangdong and to shanghai as luxury shopping malls growth in the world s 2nd largest economy is losing its gloss china s g.d.p. grew by 6 percent in the 3 months to the end of september that s the weakest growth since china started reporting data by quarters in 1903 officials warn of an increasingly challenging environment. let me the 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
Reveal what he plans to throw his support behind. bret: john roberts live on the north lawn. president trump is urging the federal reserve to push down interest rates into the negative territory. the president is saying it would save the government money on his debt. the president is tweeting that the usa should always be paying the lowest rate with no inflation. it is the only nativity of the federal reserve chairman that doesn t allow us to do what we are already doing. once-in-a-lifetime opportunity that we are missing because of boneheads. last month he told reporters that he did not want to see with negative rates in the u.s. the fed cut interest rates in july for the first time in more than a decade. many economists expect the fed to make another cut next week. president trump is welcoming china s move to invest some chemicals and anticancer drugs from the tariff hikes imposed on the trade war with washington but it is maintaining penalties on soybeans, pork and other farm
There s a lot to cover including the bruising day on wall street. now there s growing concerns over a potential recession. plus china with two big stories. they are still consuming hong kong and the trade war with washington. and congressman steve king managing to offend just about everything with his comments on abortion, rape, and incest. we ll get the latest reaction from capitol hill with some republicans calling for him to resign. but, we begin with a developing story out of philadelphia. an armed suspect accused of opening fire and wounding six officers during an eight-hour standoff has surrendered early this morning. shortly after midnight a police spokesman tweeted that a suspect was in custody and that s.w.a.t. officers were clearing the house where the standoff took place. police on the scene said the suspect surrendered without incident and was taken to a hospital for treatment because teargas was used. the gunfire began wednesday afternoon as police were serving a narcotics
A week scramble the makers of the scotch whisky fear break that will kill kido day global business. and big fizzle and let s do business it s tense times for traders around the globe what will twenty nine thousand bring could it be the beginning of the end of a trade war that s been rumbling on for almost a year now negotiations to smooth over the u.s. china trade happening now in beijing this is the dispute that saw u.s. president donald trump announce tariffs on chinese steel and before adding several other products later in the year china is america s biggest trading partner and exports more than fifty billion dollars in goods that s a huge amount so far washington is threat to slap tariffs on chinese goods with around two hundred fifty billion dollars china has also retaliated o.b.o. to a smaller scale because the u.s.
At this year s c e s. tech rivals apple and samsung are cooperating on at least one front they ve struck a deal that will see i tunes video content made available on samsung smart t.v. s apple plans to offer more services to reduce its dependence on i phone sales last week and she has plummeted after it lowered its southall try to beat the man for i phones in china go down the deal with the world s biggest t.v. make it could help apple expand its reach. electric comic at tesla as broke ground for its massive shanghai gigafactory its first top plant outside the united states at the ceremony test the boss you know must join the scene has met with no break the billion dollar project it s china s first holy florida and cop plant reflection of beijing s vote to shift to open its automotive market after the trade war with washington which has seen a rise in tariffs on cars important from the ways. britain s impending exit from