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Added on the 18/04/2022 09:17:02 - Copyright : France 24 EN
Beijing, Aug 14 (EFE/EPA).- China's industrial production grew 4.8 percent year-on-year in July, the same increase as the previous month, with which the economy of the country seems to consolidate its recovery trend after the impact suffered by the COVID-19 pandemic, the National Bureau of Statistics (NBS) reported Friday.The data is, however, below the forecasts of analysts, who predicted a growth of about 5.1 percent for that month.(Camera: ROMAN PILIPEY/WU HONG/ALEKSANDER PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF BEIJING (00:00:00-00:03:17) AND SHANGHAI (00:03:17-00:06:07), CHINA.
Seoul, Apr 27 (EFE/EPA).- South Korea's gross domestic product (GDP) grew 1.8 percent in the first quarter compared to the same period last year thanks to consumption, an expansionary fiscal policy and exports.Between January and March, the South Korean economy expanded to practically the same level as prior to the pandemic, according to the Bank of Korea (BoK) on Tuesday.With respect to the last quarter, GDP grew by 1.6 percent, improving on the growth rate of October-December 2020, which was 1.2 percent. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITY OF SEOUL, SOUTH KOREA AND DEALERS WORKING AT HANA BANK IN SEOUL, SOUTH KOREA.
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
South Africa’s finance minister forecasts the economy will grow by 4.8 percent, a revision to the 5.1 percent growth previously forecast. While presenting the country's 2022 budget to parliament, minister Enoch Godongwana says "Commodity prices... also, violent unrest in July; restrictions imposed to manage the third wave of Covid-19 further eroded the gains made in the first half of the year." SOUNDBITE
EU commissioner Paolo Gentiloni announces that the eurozone will grow less than expected this year. The EU executive said GDP in the single currency bloc would grow by 4.0 percent this year, instead of the 4.3 forecast only three months ago. SOUNDBITE
Beijing, Oct 18 (EFE/EPA).- China's gross domestic product (GDP) grew 4.9 percent year-on-year in the third quarter, down from the 7.9 percent growth in the second, official data published Monday showed.The third-quarter growth is slightly lower than expected by analysts, who had forecast the economy to grow by around 5 percent.The growth eased to 0.2 percent in July-September from 1.3 percent in the second quarter. (Camera: WU HONG).SHOT LIST: PEOPLE WALK IN THE CENTRAL BUSINESS DISTRICT (CBD) IN BEIJING, CHINA.