UK Economy Falls By 0.3 Pct In Q4 2023
The gross domestic product (GDP) of the United Kingdom (UK) fell by an unrevised 0.3 percent in the last quarter of 2023, data from the Office for National Statistics (ONS) showed on Thursday.
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Beijing warned on Wednesday that a proposed ban on Chinese-owned video-sharing app TikTok would "inevitably come back to bite the United States".
The US House of Representatives is set to vote later Wednesday on a bill that would force the app to cut ties with its Chinese owner or get banned in the United States.
The legislation is the biggest threat yet to the video-sharing app, which has surged to huge popularity across the world while raising fears among governments and security officials over its Chinese ownership and potential subservience to the Communist Party in Beijing.
Ahead of the vote, foreign ministry spokesperson Wang Wenbin condemned the proposed ban.
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The gross domestic product (GDP) of the United Kingdom (UK) fell by an unrevised 0.3 percent in the last quarter of 2023, data from the Office for National Statistics (ONS) showed on Thursday.
The Chinese economy is healthy and sustainable, and China will consistently improve its business environment to provide broader development space for enterprises from various countries, including the United States, President Xi Jinping said on Wednesday.
Singaporeans believe that being wealthy does not equate to having solid financial resilience, as high-income individuals are more likely to exceed their monthly budget than lower-income individuals (19% versus 22%).