Saturday , November 23 2024

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China Q3 GDP growth rebounds at faster pace but risks loom

China Q3 GDP growth rebounds at faster pace but risks loom

China’s economy rebounded at a faster-than-expected pace in the third quarter, but strict Covid curbs, a deepening property crisis and global recession risks are challenging Beijing’s efforts to foster a robust revival over the next year. Gross domestic product (GDP) in the world’s second-biggest economy rose 3.9% in the July-September …

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​Interest in mutant orchids withers away

Nguyen Van Hoa, 45, has several mutant orchids that were worth a few billion dong just two years ago but unsellable now. Once “equivalent to a family’s entire savings,” they are still kept in a secure iron cage equipped with a camera at Hoa’s home in Hanoi. “Two years ago …

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4 arrested for robbing Chinese man in Hanoi

Four people in Hanoi were arrested for tricking a Chinese man to a motel and robbing him. Nguyen Van Truong, 27; Lai Van Hai and Truong Van Yeu, both 29; and Tran Thuy Lien, 32 are to be investigated for robbery. On Oct. 14, due to a lack of money, …

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