China's economic growth slows to 6.5% amid trade battle

19 Octobre, 2018, 09:21 | Auteur: Auguste Feret

Trade war concerns and fallout from trade tariffs from the United States are beginning to take their toll on the Chinese economy, and Asia-session traders are getting nervous that the slowdown will have a measurable effect on China's major trading partners, including Australia.

China's growth continues to slow.

The government reported Friday the world's second-largest economy expanded by 6.5 percent over a year earlier in the three months ending in September, down from the previous quarter's 6.7 percent.

The quarterly growth pace lagged the 6.6 per cent expected in a Bloomberg poll of economists, and was slower than the 6.7 per cent clip in the second quarter, according to data released by the National Bureau of Statistics in Beijing.

Analysts polled by Reuters had expected the economy to expand 6.6 percent in the July-September quarter.

Cannabis becomes legal in Canada
Private store licenses will only be issued after legalization, the province's Minister of Public Safety Mike Farnworth said. If you feel confused about the rules for using, buying, growing or doing anything with cannabis , you are not alone.

Jamal Khashoggi disappearance: Last column published
Turkish forensic officials arrive to the residence of Saudi Arabia's Consul General Mohammad al-Otaibi in Istanbul, Oct. 17, 2018. He also said it was critical that Arab voices have a platform on which to be heard.

Trump Threatens to Use Military to Stop Migrant Caravan at Border
Donald Trump has threatened to deploy soldiers to the border with Mexico and close it off to stop the "large caravans" of migrants from Central America coming to the US.

China's economic growth slowed further in the latest quarter, adding to challenges for communist leaders who are fighting a mounting tariff battle with Washington.

The GDP reading was the weakest year-on-year quarterly growth since the first quarter of 2009 at the height of the global financial crisis.

That means the economy carried over less momentum into the second half than many analysts had expected.

The administration placed tariffs of 10 percent on the $200 billion of Chinese products, with the tariffs to go up to 25 percent by the end of 2018.

Economists warn that a protracted dispute will eventually stunt growth not just in the US and China but across the broader global economy.

Conseillé:

  • Doorbell video shows woman abandon toddler on home’s front steps

    Doorbell video shows woman abandon toddler on home’s front steps

    She then drops the bags she was carrying, runs back to her parked white vehicle and drives away, leaving the little boy behind. Child Protective Services responded to the scene and took custody of the child, but he was later reunited with his father .

    Banksy Unveils Director's Cut of His Self-Shredding Picture

    After the winning bid, the video shows someone pressing a remote control, which started the shredding. However, the painting was only partially shredded by its frame, which contained a hidden device.
    New Nightmare King Sandwich Coming To Burger King On October 22, 2018

    New Nightmare King Sandwich Coming To Burger King On October 22, 2018

    The burger will be available at select locations starting on October 22, setting you back about $6.39. For a past Halloween creation, Burger King released a Halloween Whopper with a black bun .
  • Eugenie Bouchard a éliminé Timea Babos au Luxembourg

    Bouchard a brisé le service de sa rivale à cinq reprises en huit occasions et elle a perdu le sien deux fois. De plus, elle avait écarté plus tôt en qualifications la Roumaine Raluca Serban et la Suisse Jil Teichmann.
    Florida child dies after contracting flu, state health officials confirm

    Florida child dies after contracting flu, state health officials confirm

    Vaccination to prevent influenza is particularly important for people who are at high risk for the flu and its complications. Interested in Flu Season? Last year, the CDC says more than 170 children lost their lives because of flu-related illnesses.
    En Californie, des étudiants auraient consommé des cookies contenant des restes humains

    En Californie, des étudiants auraient consommé des cookies contenant des restes humains

    Les policiers ont ouvert une enquête et tentent de déterminer comment qualifier les faits juridiquement. L'établissement, quant à lui, n'a pas désiré commenter l'affaire en cours.
  • Florida child reportedly gets state's first case of paralyzing polio-like disease

    Florida child reportedly gets state's first case of paralyzing polio-like disease

    The Pennsylvania Department of Health says symptoms of acute flaccid myelitis include sudden muscle weakness in the arms or legs. According to a Tuesday press briefing , there have been 62 confirmed cases across 22 states in the U.S.A in 2018.

    Un record de la LNH pour Connor McDavid (vidéos)

    Il a ainsi abaissé la marque d'Adam Oates qui avait contribué aux sept premières réussites des Red Wings de Détroit en 1986-1987. Adam Lowry a trouvé le fond du filet deux fois pour les Jets alors que Ben Chiarot et Mark Scheifele ont fourni les autres buts.
    Trump menace de fermer la frontière avec le Mexique — Migrants

    Trump menace de fermer la frontière avec le Mexique — Migrants

    Tous les ans, ils sont des milliers à tenter de fuir la misère et les violences du Guatemala, du Salvador ou du Honduras. Trump dans un troisième message.
  • Karim Benzema impliqué dans une tentative d’enlèvement ?

    Karim Benzema impliqué dans une tentative d’enlèvement ?

    Une chose est sûre, cette information est une nouvelle mauvaise publicité pour Benzema, qui n'avait vraiment pas besoin de ça... D'Souza estimerait avoir été agressé en raison d'un litige financier l'opposant à Benzema (on parle de 50 000 euros).
    Meghan tries her hand at Aussie Rules football

    Meghan tries her hand at Aussie Rules football

    The royal couple were touring Dubbo, in New South Wales, where they visited Buninyong Public School where they met little Luke. Prince Harry is wearing the titanium ring in the "Heritage" design, one of two available on the website.
    Cardi B Takes The Stage At The BET Hip-Hop Awards

    Cardi B Takes The Stage At The BET Hip-Hop Awards

    However, Vic Mensa didn't retract his diss and explained how he's not looking to glorify any person associated with domestic or sexual violence against women.


Populaire

Salmonella Outbreak: CDC Says It’s Drug-Resistant
The CDC is advising people to wash kitchen counters and cutting boards to prevent the spread of salmonella . Cook chicken to an internal temperature of 165 degrees Fahrenheit to kill harmful bacteria.

Duchess Meghan Markle baked her own banana bread in Australia
James, Henry, Oliver and Thomas for a boy and Grace, Mary and Olivia for a girl are also possibilities. From M.M.' And I plan to give it to my daughter one day.

Turkish investigators enter Saudi consul's Istanbul residence
Turkish officials believe Mr Khashoggi was killed by a team of Saudi agents inside the consulate, with his body then removed. President Donald Trump says it "certainly looks" as though missing Saudi journalist Jamal Khashoggi is dead.

Bellinger hitting leadoff for Dodgers vs Brewers in Game 5
The Dodgers are 5-1 in series when they own a 3-2 lead. "Honestly, I was surprised that they were pitching to me", Bellinger said. Orlando Arcia flied out to left, with Chris Taylor and Bellinger almost colliding before Taylor made a sliding catch.

Broncos defense beats up Cardinals and Rosen to snap losing streak
Arizona certainly isn't having a good season, but the Broncos are a mess. FOX and NFL Network will broadcast the game. The Cardinals fell 45-10 to the Broncos.

'The Lion King' Set Photo Brings Simba, Timon, and Pumbaa Back Together
Seth Rogen wasn't too forthcoming with details on the film, simply captioning the Instagram post with a lion and crown emoji. Director Jon Favreau helped kick off Disney's new wave of live-action takes on the animated classics with The Jungle Book .

Kerber se sépare de son entraîneur — WTA
Ex-numéro 1 mondiale, Kerber se déplacera à Singapour pour le Masters dimanche sans le coach belge. En 2013, Fissette amena une autre Allemande, Sabine Lisicki en finale à Wimbledon déjà.

Vietnam frees Mother Mushroom blogger on condition she leave for US
Authorities in Vietnam have released dissident blogger Nguyen Ngoc Nhu Quynh, also known by the pseudonym "Mother Mushroom". In 2017, she was sentenced to 10 years in jail for distributing propaganda against the state.

Tesla grabs 210-acre plot in China to build Gigafactory
The company's goal is to produce "up to" 500,000 cars per year at the factory by the "end of the decade". Tesla's foray into China is becoming a reality.

Les ventes baissent, pénalisées par les changes, la France rebondit — Carrefour
Ailleurs en Europe, on observe une croissance en Pologne et en Roumanie, mais un recul en Espagne (-2,7%) et en Italie (-4,4%). Pour rappel, c'est Gérard Lavinay , bien connu chez nous pour avoir dirigé les opérations belges, qui fut nommé.