The value of imports also fell by more than expected. Down 12. 4 onjuly a year ago, but that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period as the country continued its post covid recovery. And last month chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist, hejoins me now from tel aviv. Its a grim picture for china, isnt it . The third consecutive month of decline. Whats going wrong for them . ,. , decline. Whats going wrong for them . ,. ,. ,. , them . Some people are going to say its ust them . Some people are going to say its just basically them . Some people are going to say itsjust basically a them . Some people are going to say itsjust bas
Of the Global Economy given so many countries do so much trade with china. Chinese Government Data shows that the value of exports fell 14. 5 compared to the same month a year ago. That suggests the rest of the world is buying less stuff. The value of imports also fell by more than expected, down 12. 4 onjuly a year ago. But that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government, who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period, as the country continued its post covid recovery. And last month, chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist and has been telling me what he makes of the numbers. You know, like some people are going to say, well, this is just basically a reflection of the curren
is legaljeopardy here for these firms that it raise a broader question for employers and for employees about how we use these apps in the workplace and to discuss our work. ., ., apps in the workplace and to discuss our work. ., ~ , ., , apps in the workplace and to discuss our work. ., ~ ,, , . one of the world s biggest computer chip makers says it s going to open its first factory in europe. taiwan s tsmc says its board has approved plans for a $3.8 billion facility in germany. the company said it had strong support from the germany government and the eu both of which have been pouring money into computer chips so that they become less reliant on china for supplies. tsmc s invesment in germany follows a similar announcement by us rival intel a few weeks ago. the video conferencing firm zoom has updated its terms of service because of concerns that it was training its artificial intelligence models on customer calls. in a blog post the firm stressed that audio, video and chats were
about how we use these apps in the workplace and to discuss our work. one of the world s biggest computer chip makers says its going to open its first factory in europe. says it s going to open its first factory in europe. taiwan s tsmc says its board has approved plans for a $3.8 billion facility in germany. the company said it had strong support from the germany government and the eu, both of which have been pouring money into computer chips so that they become less reliant on china for supplies. tsmc s invesment in germany follows a similar announcement by us rival intel a few weeks ago. the video conferencing firm zoom has updated its terms of service because of concerns that it was training its artificial intelligence models on customer calls. in a blog post, the firm stressed that audio, video and chats were not used for al without consent. the video calling app acted after users noticed changes to the firm s terms of service in march, which they worried enabled ai training. zoom
china currently leads with the most gold medals 2a of those, and 51 in total, followed by the us, which has 20 gold medals but 59 in total. thenjapan, the host nation, performing very well with 17 gold medals, and 31 in total. and for the moment, let s go back to rich in the studio. back now to rich in the studio. let s get some of the day s other news. the us senate has reconvened to start moving towards a vote on a trillion dollar infrastructure bill which it s hoped both republicans and democrats will support. the measure could be voted on this week but there are still sticking points on how it will be funded. many republicans are opposed to tax increases on big corporations and wealthy individuals. the video conferencing firm zoom has agreed to pay $86 million to settle a class action privacy lawsuit in the us. the lawsuit alleged that zoom had invaded the privacy of millions of users by sharing personal data with facebook, google and linkedin. the firm denied any wrongdoing,