China's third-quarter economic growth slows to 4.9%: Official data
Wednesday, 18 October 2023 China's economic growth in the third quarter slowed to 4.9 percent due to a property crisis impacting consumption and business activity. The figure exceeded analysts' predictions but was lower than the previous quarter's expansion. The real estate sector, which contributes a significant portion to the country's GDP, has been hit by the troubles faced by major developers like Evergrande and Country Garden.
Spending Remains High , As Americans Burn Through, Savings.
'Newsweek' reports that Americans' robust economic activity
in the third quarter came despite dwindling incomes
and savings amid high..
Credit: Wibbitz Top Stories Duration: 01:30Published
White House Unveils , 32 States to Become , US 'Tech Hubs' .
On October 23, President Joe Biden
announced over 30 regional tech hubs
to be developed across the United States.
On October 23,..
Credit: Wibbitz Top Stories Duration: 01:31Published
EU Delegates Boycott , Vladimir Putin , at China-Led International Summit.
'The Independent' reports that delegates from European nations staged a walkout while Vladimir Putin began speaking at an..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 18 October 2023
![Spending Remains High As Americans Burn Through Savings [Video]](https://video.newsserve.net/300/v/20231027/1359783695-Spending-Remains-High-As-Americans-Burn-Through-Savings.jpg)
![White House Unveils 32 States to Become US 'Tech Hubs' [Video]](https://video.newsserve.net/300/v/20231023/1359617248-White-House-Unveils-32-States-to-Become-US.jpg)
![EU Delegates Boycott Vladimir Putin at China-Led International Summit [Video]](https://video.newsserve.net/300/v/20231018/1359415042-EU-Delegates-Boycott-Vladimir-Putin-at-China-Led.jpg)
