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Of a century, while also cutting pollution and keeping a lid on soaring debt levels. Its a difficult balancing act. So what are we expecting . According to surveys by reuters and afp, chinas economy probably grew 6. 8 last year. That would be slightly better than 2016, which saw the weakest growth in 25 years, and better than the governments target of 6. 5 you can see the slowdown since 2010. 0n reason is china has been trying to rely less on exports, being the low cost factory of the world, and more on its domestic Economy Consumer spending by its own people. This is the years of double digit growth. In other words, its moving from a developing to a developed economy. But with that has come a surge in debt. A decade ago, Chinese Companies and households owed some 6 trillion. That was the level of debt. Today, despite government attempts to limit credit, that has balloon ....
For a global deal to tackle overfishing ahead of the launch of the bbc two programme blue planet. And a lucky escape as a british dive instructor was followed by a four metre tiger shark for 15 minutes in australia good morning. Its monday 23rd october. Im rebecca jones. Welcome to bbc newsroom live. , where welcome to bbc newsroom live. Where eu Leaders Summit last week where eu leaders had decided to Start Talking amongst themselves about trade and a transition deal. They step sufficient progress had not been made to start formal negotiations with the uk on those issues. The government says there is real and tangible progress in the talks, but theresa may comes back to the uk this morning with pressure on businesses as well as the difficulties she is facing in brussels and in westminster from opposition parties and from some in her own backbench party as well. This morning b ....
Buyback. To renew their talks into china. Lets indeed start with our breaking news. To be expected we do have the Interest Rate is coming out of korea. Were seeing no change in the central bank, they saw the Interest Rate staying at 1. 25 . This is all than forecast, all but one of them suggested no change. Lets go, and get some reaction. Kathleen hays, what is your take . And think it is not that hard for economist, to see that the bank of korea watchers for them to get it right. There is a lot of moving parts trade a lot of countries in this world, there is a lot of politics, it has consumers, it also has credit issues. As you just reported keeping that rate unchanged, that is what the bank of korea has decided. Inflation as you may recall has quite a bit of a jump. To 2 yearoveryear. That is the biggest jump in about four years. Meanwhile though, there was a january, but an ....
Happenings in the financial world. Sally is here with World Business report. The boss of the uks biggest business lobby group, the cbi comic gives us her reaction to the Snap Election called for by the british Prime Minister. The cbi, gives. And we talk to facebook about policing violent material on the social media website following the suicide of murder suspect steve stephens. Hello and a warm welcome to you. Welcome to World Business report. Im sally bundock. Also in the programme well have all the Market Numbers for you as the global slide in shares continues in asia and the Pound Sterling holds its gains. We were sure those numbers at the end of the pr ....