Xi Jinping has praised multinational companies for the role they have played in China’s opening up over the past four decades. Photo: He Huifeng

China President Xi Jinping says ‘only when China is good, can the world get better’ amid US trade war

  • Vice-Premier Han Zheng read out a letter from China President Xi Jinping at the inaugural Qingdao Multinationals Summit on Saturday
  • Event opened two weeks after South Korean giant Samsung closed its last factory in mainland China with the loss of thousands of jobs
Topic |   US-China trade war

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Xi Jinping has praised multinational companies for the role they have played in China’s opening up over the past four decades. Photo: He Huifeng
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The Chinese government has set a target range of 6 to 6.5 per cent for the overall growth rate in 2019. Photo: Reuters

China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war

  • Economic growth was the lowest since records began in March 1992 and below expectations of 6.1 per cent
  • Other figures released on Friday showed that industrial production grew by 5.8 per cent in September, while retail sales grew by 7.8 per cent last month
Topic |   China economy

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The Chinese government has set a target range of 6 to 6.5 per cent for the overall growth rate in 2019. Photo: Reuters
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