Business

China’s third quarter GDP growth slowest since 2009, misses expectations

China's third quarter GDP growth slowest since 2009, misses expectations

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BEIJING (Reuters) - China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. FILE PHOTO: A worker puts finishing touches to an iPal social robot, designed by AvatarMind,…
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China September industrial output weakens; investment, retail sales beat expectations

China September industrial output weakens; investment, retail sales beat expectations

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BEIJING (Reuters) - China’s industrial output grew 5.8 percent in September from a year earlier, missing expectations, while fixed-asset investment growth rose to 5.4 percent in the first nine months, above forecasts, data showed on Friday. FILE PHOTO: A worker cuts steel plates inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan August 26,…
China third quarter GDP growth slows to 6.5 percent year-on-year, missing forecast

China third quarter GDP growth slows to 6.5 percent year-on-year, missing forecast

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BEIJING (Reuters) - China’s economy grew at a slower than expected pace of 6.5 percent in the third quarter from a year earlier, marking the weakest rate since the global financial crisis, official data showed on Friday. FILE PHOTO: A worker puts finishing touches to an iPal social robot, designed by AvatarMind, at an assembly…
Tesla launches new $45,000 Model 3

Tesla launches new $45,000 Model 3

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(Reuters) - Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease. FILE PHOTO: A man walks near a logo of Tesla outside its China headquarters at China Central Mall in Beijing, China July…