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Slowdown in GDP growth not worrying: economist Listen
Latest government figures show that GDP growth in Hong Kong has slowed for a third consecutive quarter. The economy grew 3.6 percent in the three months to September, down from 3.9 percent in the previous quarter and 4.3 percent during the first quarter of the year. But the latest figure is still better than market expectations as exports stayed strong and domestic spending was buoyant. For the first nine months of this year, GDP growth stood at 3.9 percent. The government has now set the annual growth target at 3.7 percent for this year, near the top range of its previous forecast of between 3 and 4 percent in August. A senior economist at Lombard Street Research Michelle Lam tells Jim Gould that she's not worried about the slowdown in GDP growth.
Xi Jinping calls for more trade partnerships Listen
President Xi Jinping says countries and regions in the Asia-Pacific should further develop trade partnerships -- to help drive the world economy. Speaking at the APEC summit in Vietnam, Xi also promised equal treatment for foreign companies investing in China. In a striking change of tone from Thursday when he was in China, US President Donald Trump returned to his campaign rhetoric of putting America first, insisting his country would not be taken advantage of any more. He says it's time for countries to stick to their promises and trade fairly. Annemarie Evans spoke to RTHK’s Southeast Asia correspondent Luke Hunt about the APEC meeting, and how Trump's rhetoric has hardened since leaving China.
More than 200 people questioned in Saudi anti-corruption enquiry Listen
A huge anti-corruption inquiry in Saudi Arabia has questioned more than 200 people about the suspected embezzlement of at least US$100 billion. They include dozens of high-profile figures who have been sacked or arrested, as well as powerful princes, ministers and a billionaire business tycoon. The purge is the biggest in the kingdom’s modern history as Crown Prince, Mohammed bin Salman, consolidates his power. A professor of Peace Studies at Bradford University in the UK Paul Rogers spoke to Annemarie Evans about the developments.