Facebook expected to launch new cryptocurrency, American companies push back against import tariffs, Chinese firms buying up Europe's 'hidden champions'
China's second-quarter growth has slowed to 6.2%, its weakest rate in almost three decades. The figure reflects trade pressure from the US and weakening global demand.
World leaders are gathering in Japan for what is expected to be a highly divisive G20 summit. Tensions over Iran and the long-running trade war between China and the US loom large over this year's meeting.
China's economic growth slowed to 6.2% in the second quarter — the weakest pace since 1992. But the numbers may not be as gloomy for the world's second-largest economy as they appear, says Wang Tao from Swiss bank UBS.
US President Donald Trump and Chinese leader Xi Jinping have agreed to restart trade talks. The US also confirmed it would not slap additional tariffs on Chinese exports for now.
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