The world's second-biggest economy grew slightly more than expected in the first quarter of 2019, official data showed Wednesday. It expanded by 6.4% compared to a year ago, beating economists' forecasts of 6.3%."The big picture is that policy stimulus is clearly working and should help to shore up China's economy in the coming quarters," said Julian Evans-Pritchard, Senior China Economist at Capital Economics.
The EU-US dispute over aircraft subsidies has been going on for 15 years, with both sides accusing each other of illegally propping up their plane manufacturers. The move by Brussels follows a step taken by the Trump administration last week, when it threatened to impose tariffs on as much as $11 billion worth of European imports over subsidies for Airbus . Watch CNN Business' live digital show 'Markets Now' today at 12:45 p.m. ET4.
ChristineRomans Clarify.... Doesn't Dow closer to record highs only imply confidence in future speculative projections of wealth, which may be actual growth OR perceived regulatory changes (e.g. Interest rates/tariffs) that may not increase 'sales', but would reduce cost, increasing profits?🤷🏻♂️
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ChristineRomans Dow is highest..great day
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