{"id":1974890,"date":"2023-07-17T07:08:02","date_gmt":"2023-07-17T11:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations\/"},"modified":"2023-07-17T07:20:15","modified_gmt":"2023-07-17T11:20:15","slug":"chinas-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations\/","title":{"rendered":"China&#8217;s Q2 GDP growth decelerates to 0.8% q\/q, heightening stimulus hopes."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchinas-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1974890&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div\u2064 class=\"entry-content\">\n<p>(Reuters) \u200d\u2013 China\u2019s economy \u200cgrew \u200cat a frail \u2063pace\u200c in\u200c the second \u200bquarter,\u2062 although\u200b the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/euro-zone-inflation-confirmed-at-9-1-as-energy-food-prices-surge\/\" title=\"Euro zone inflation confirmed at 9.1% as energy, food prices surge\">annual figure<\/a> was\u2063 flattered by\u2062 base effects, \u200ddata showed on \u200cMonday, with overall momentum faltering\u200b rapidly due \u200cto\u200b weakening demand at home and abroad.<\/p>\n<p>\u2062 <\/p>\n<p>Gross\u200b domestic product (GDP) grew\u2064 just 0.8% \u200cin\u200b April-June from the\u2062 previous quarter, data released\u2062 by\u200b the National\u200d Bureau\u2062 of \u2062Statistics showed, versus \u200canalysts\u2019 expectations in \u2064a Reuters poll for\u2062 a\u200b 0.5% \u2062increase and\u200c compared\u2063 with a 2.2%\u2062 expansion in\u2063 the \u2064first \u2063quarter.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: \u200b50px;  \u200dtext-align: center;\">\u2064  \t<script> \u200d \u2064\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \u2064\t<\/script>\u200c  <\/div>\n<p>  \u2062<div\u2063 class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>On a\u2064 year-on-year basis,\u200c GDP expanded\u2063 6.3% in \u200cthe second quarter, accelerating from\u2064 4.5% in the first\u200d three \u200bmonths of the \u200dyear, \u200dbut the rate \u200bwas\u2064 below \u2062the forecast for growth\u200c of\u200c 7.3%.\u200c <\/p>\n<p>^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^<\/p>\n<h2>KEY POINTS<\/h2>\n<p>\u200c <\/p>\n<ul>\n<li>Q2 GDP +6.3% \u200cy\/y (f\u2019cast \u2063+7.3%,\u200d Q1 +4.5%)<\/li>\n<p> \u2064<\/p>\n<li>Q2 GDP +0.8% q\/q s\/adj \u2062(f\u2019cast \u200b+0.5%, Q1 +2.2%)<\/li>\n<p> \u200c<\/p>\n<li>June industrial\u2063 output \u200d+4.4% y\/y (f\u2019cast\u200b +2.6%, May \u200d+2.7%)<\/li>\n<p>\u200d <\/p>\n<li>June retail \u200bsales +3.1%\u2063 y\/y\u200d (f\u2019cast \u200d+3.2%, May\u200d +12.7%)<\/li>\n<p>\u200c <\/p>\n<li>Jan-June \u200bfixed asset investment\u200b +3.8% y\/y (f\u2019cast\u200c +3.5%, Jan-May \u200b+4.0%)<\/li>\n<p> \u200d<\/p>\n<li>Jan-June\u200b property investment\u2064 -7.9%\u2062 y\/y\u2064 (Jan-May \u200c-7.2%)<\/li>\n<p> \u200b<\/p>\n<li>Jan-June property sales by \u200bfloor area \u200d-5.3% y\/y \u2063 (Jan-May -0.9%)<\/li>\n<\/ul>\n<p> \u200b<\/p>\n<h3>MARKET REACTION:<\/h3>\n<p> \u200d<\/p>\n<p>The yuan lost\u2062 about \u20640.37%\u2064 to 7.1680 \u2063per \u200bdollar\u200d after the data\u2063 release.\u2063 The \u2064yuan\u2063 recently \u2063hit 8-month\u2063 lows, \u200cpressured by the firming U.S. dollar and \u200ca flurry of weaker-than-expected weak \u200bChinese \u200cdata.\u2063 It has \u2062lost \u2063more than 3% to the\u2064 dollar so far \u200bthis\u200d year.<\/p>\n<p> \u2063<\/p>\n<p>Chinese stocks fell, with benchmark \u2062Shanghai Composite index\u200c and\u2062 blue-chip\u200c CSI 300 \u2063Index both\u200d dropping \u200dmore\u200c than 1%.<\/p>\n<p>\u200d <\/p>\n<h3>COMMENTARY:<\/h3>\n<p>CHRISTOPHER \u200dWONG,\u2062 CURRENCY STRATEGIST, OCBC, SINGAPORE<\/p>\n<p> \u2064<\/p>\n<p>\u201cSecond quarter\u200c GDP\u2062 figures\u200b were \u200bdisappointing, but June\u2019s \u200dactivity\u2062 data was \u2064better \u2064than expected,\u200b perhaps\u200b suggesting tentative\u2062 signs\u200d that\u200b the deceleration\u200c momentum \u2062is\u200d slowing.\u201d<\/p>\n<p>LOUIS \u200bKUIJS,\u2062 CHIEF ASIA ECONOMIST, S&#038;P \u2064GLOBAL,\u2062 HONG KONG \u200c<\/p>\n<p>\u201cThe GDP \u2063data is a \u2062little hard to interpret because the \u2062year-on-year number\u200b was significantly\u200c weaker than \u2063I expected\u200b but the \u2064quarter-on-quarter number, as\u2062 reported \u200bby the\u200d NBS, is a \u200clittle higher \u2062than\u200b what I \u2063expected, \u200dso\u200c I\u2019m trying to see \u200bif they \u2062have \u200drevised some of the \u2063earlier data.\u201d <\/p>\n<p>\u200c <\/p>\n<p>\u201cAnother \u200bobservation\u2062 is\u2064 that\u200c the consumption side is \u2063disappointing. We had double-digit retail sales \u2062growth\u2063 in \u2064April\u2063 and May\u2062 from a\u200d very low \u2062base,\u2064 and \u200dthat\u200d has \u2062petered \u200dout to have \u200donly 3.1% \u200cnominal\u200d retail\u2062 sales\u2062 growth, indicating\u200b consumers \u200dremain quite \u200creluctant.\u201d<\/p>\n<p>\u200b <\/p>\n<p>CAROL KONG,\u200b ECONOMIST, COMMONWEALTH BANK\u2064 OF AUSTRALIA, \u2063SYDNEY<\/p>\n<p>\u200c <\/p>\n<p>\u201cThe\u2064 data suggests that China\u2019s post-COVID boom\u2063 is clearly over. The higher-frequency indicators are \u200bup\u200c from May\u2019s \u200cnumbers, but \u200cstill paint a\u200d picture of\u200c a bleak and\u2064 faltering recovery and \u200bat the \u2064same \u2064time youth \u2063unemployment\u2062 is\u200d hitting \u200brecord highs.<\/p>\n<p>\u200d <\/p>\n<p>\u201cMarkets\u200b have already \u2062adjusted \u200dlower \u2062their\u2062 expectations\u200d (for stimulus), and\u200d our base case \u200cis that \u2062there won\u2019t be\u200c a substantial package.\u201d<\/p>\n<p> \u200b<\/p>\n<p>XING \u2062ZHAOPENG,\u2063 SENIOR CHINA STRATEGIST, ANZ, \u2062SHANGHAI<\/p>\n<p> \u2062<\/p>\n<p>\u201cThe main contribution came from \u200bconsumption, which \u2063rebounded from a\u200c low base,\u200d so \u2063the \u200brecovery suggested by \u200bthe \u200ddata \u200dwas not solid.\u201d<\/p>\n<p>\u201cAchieving 4.5%\u200d growth in\u200d the second half of\u200d the year to\u200b thus hitting \u200cthe annual\u2062 target of\u2064 about 5% \u2063should become \u2064more difficult.\u200c Policies \u200bare expected\u200c to roll \u2062out \u2063intensively in the next \u200dtwo weeks.\u201d<\/p>\n<p>\u201cPolicy\u200c measures are\u2063 likely to \u2064be announced \u200dafter \u2064the\u2062 Politburo\u2062 meeting, \u200dincluding\u2064 population \u2064and \u200dfiscal\u200c policies.\u201d<\/p>\n<p>KEN CHEUNG, CHIEF ASIAN FX\u200b STRATEGIST, MIZUHO\u200c BANK, HONG \u2063KONG<\/p>\n<p>\u200b <\/p>\n<p>\u201cThe weak \u2062Q2 GDP figure\u200b confirmed the dissipating\u200d reopening recovery momentum \u200bwhile \u200dmarket participants\u200c were not that \u200dsurprising to the data \u2063disappointment.\u201d<\/p>\n<p>\u201cThe data \u200calso highlighted that stimulus is\u2064 required to reinvigorate\u2063 the economy \u2064and the supporting \u200bmeasures are on the cards.\u201d<\/p>\n<p>ALVIN TAN, \u2062HEAD \u200cOF ASIA FX\u2063 STRATEGY,\u2063 RBC \u2063CAPITAL MARKETS, SINGAPORE<\/p>\n<p>\u201cIt was quite\u200b a disappointing\u2064 number \u2063at \u2064just 6.3%,\u200b so clearly the\u200b momentum is \u200cslowing down\u2026 \u200dAlso,\u200d we \u2064had the June\u200b indicators out,\u2064 and \u2064the drop \u200cin the growth rate for \u200bretail\u2062 sales\u2063 is quite\u200d worrisome \u2026\u2064 (it) tells \u2062you the \u200bpost-COVID consumption boom\u200d is kind of \u2064petering out also.<\/p>\n<p>\u201cAt\u200b this pace, \u2064this deceleration,\u2062 there\u2019s now \u2063actually a\u2064 risk\u2063 that \u2063the\u200c growth target\u2063 may not be achieved\u2063 \u2014 this \u200c5% may not\u2062 be achieved \u200dif the economy \u200bcontinues to \u200daccelerate at \u2063this\u2062 pace.\u2064 So I \u200cthink \u200dthat this does raise greater \u200burgency \u200cfor more \u200bpolicy support soon.\u201d<\/p>\n<p>VISHNU \u2064VARATHAN, HEAD\u200b OF ECONOMICS\u2063 AND \u200cSTRATEGY, \u200cMIZUHO BANK, SINGAPORE<\/p>\n<p>\u201cThe cursory\u2063 look suggests \u2063that\u200d the\u200b bottom \u2063line \u200dremains \u200bthe same\u2026\u2064 it \u2064doesn\u2019t distract from\u200c the fact\u200b that actually, the \u2064economic momentum is decelerating, not accelerating, particularly \u200dwhen \u200cwe\u200b consider \u2064that\u200c there\u2019s\u2063 humongous\u200c base\u2064 effects here.\u201d<\/p>\n<p>\u201cThe bottom\u2062 line of\u2063 this is China\u2019s economy \u200cremains on \u200da very weak footing,\u2063 many \u200bhopes\u200d continue to \u200dbe\u2064 pinned, \u200cand \u200cvery disproportionately,\u2062 on large\u2064 stimulus,\u2062 (and) \u2062even \u200cif \u2063that \u200ccomes \u2063through, \u200bit doesn\u2019t \u200ddistract from\u200c points about\u2063 bigger trade-offs, \u2062whether \u200bit \u2062is financial\u200c stability\u200b or\u200c RMB stability, and\u200c so \u200cthat\u2063 means that\u2064 China\u2019s \u200cpolicy and economic conundrum\u2064 are \u2062not\u2064 in any way\u2063 alleviated.\u201d<\/p>\n<p>\u2064 <\/p>\n<p>MARCO SUN, \u200cCHIEF FINANCIAL\u2062 MARKET\u200c ANALYST, MUFG BANK (CHINA), SHANGHAI<\/p>\n<p>\u2062 <\/p>\n<p>\u201cRecent economic data\u2062 were\u2064 mixed, \u2064the \u200ccredit\u2062 growth\u200b in June \u2062picked up, but inflation and \u200cthe second-quarter \u2063GDP \u2062growth data came \u2064in \u200dslower than expected. Should \u200bthe\u2064 data \u200bshow\u2064 more \u200bsigns of\u200b economic\u2062 slowdown, \u200cI expect\u2062 the \u200cPBOC\u200d to\u200b cut\u2064 policy\u2062 rates \u2064by \u200c15 \u200dbasis points towards\u2062 the\u2064 year end.\u201d<\/p>\n<p>\u2063 <\/p>\n<p>WOEI\u2062 CHEN HO, ECONOMIST, UOB, SINGAPORE<\/p>\n<p> \u2063<\/p>\n<p>\u201cI think \u2062China\u2019s growth\u200c would \u2063be \u200cjust near \u200bto the \u200bofficial target of \u20645%. That\u200c should call for\u200b stronger\u200d stimulus \u2064measures, \u200despecially \u2062on the domestic demand side.\u201d<\/p>\n<p> \u2063<\/p>\n<p>\u201cConsumers are\u2064 not \u200dspending, mainly driven\u2064 by \u200dthe bleak \u200coutlook \u2064for the property market. \u2064Disappointing\u200d retail\u2062 numbers and\u2063 property\u200d market \u2064sales \u2062show it \u200ddoesn\u2019t seem \u200cthat \u2062the boost from rate cuts \u200dis\u200c sufficient.\u2063 I \u2063think more needs to \u2063be\u200d done.\u201d<\/p>\n<p>\u200d <\/p>\n<p>\u201cIt\u200b boils down\u200b to the property\u2063 market\u200b sentiment.\u2064 ..the property market is beginning\u200b another slowdown \u200c\u2013 the\u2063 government will have \u2062to come\u2064 up \u200cwith \u200cmore\u200c stimulus \u2063for property.\u201d<\/p>\n<p> \u2063<\/p>\n<p>TONY\u200d SYCAMORE,\u200d MARKET\u2064 ANALYST, \u2063IG, SYDNEY<\/p>\n<p> \u2063<\/p>\n<p>\u201cThere\u200b has only been \u2062a \u200dlimited market reaction so far. It \u2064was significant \u200bmiss coming in\u200d at 6.3%\u200d versus\u2062 7.1% \u200dexpected \u200dyear-on-year.\u201d <\/p>\n<p> \u2064<\/p>\n<p>\u201cToday\u2019s \u2063set of \u200cnumbers\u200d were \u200blikely\u2063 known by authorities\u2063 last\u2063 week, \u2064and \u2064may\u200b explain why \u2062policymakers\u200d elected to not announce \u200dnew stimulus at\u200d Friday\u2019s \u2064State\u200d Council \u200cmeeting. <\/p>\n<p>\u201cNonetheless, \u2063we think more stimulus is required\u2062 to stabilise \u200dand \u2062restore\u2062 confidence in the\u2064 property\u2063 market.\u201d<\/p>\n<p> \u200b<\/p>\n<p>ZHIWEI\u200c ZHANG, CHIEF ECONOMIST,\u2063 PINPOINT\u200d ASSET MANAGEMENT,\u200b HONG\u200d KONG<\/p>\n<p>\u200c <\/p>\n<p>\u201cNominal GDP \u2063growth \u200dturns out\u2064 to be lower \u200dthan \u2062real \u2062GDP \u2064growth \u2064in \u200dQ2, \u200bthe\u200c first time since\u2062 comparable \u2064data are\u2063 available in Q4\u2063 2016.\u2064 This\u2062 indicates that\u200b risk \u200dof \u200bdeflation\u2062 is serious.\u201d<\/p>\n<p>\u200b <\/p>\n<p>MOH \u2063SIONG\u200d SIM, CURRENCY STRATEGIST, BANK \u2062OF SINGAPORE, SINGAPORE<\/p>\n<p>\u201cThe \u200bdata was not entirely \u200ba surprise given exporters are still\u2063 having a \u2062difficult \u200dtime \u200dand\u2062 the\u2064 property market\u200b is \u200bstill \u2064weak.\u201d<\/p>\n<p>\u200c <\/p>\n<p>\u201cGDP\u200d numbers will\u2064 strengthen the market\u200d anticipation that more measures will come, likely after the Politburo \u2063meeting in July. The \u2064general expectations \u2063is\u2063 that policymakers \u2064need to come\u200b up \u2062with stronger \u2064measures\u2064 to\u200b stabilize\u2064 the \u200dweak\u2062 spots of\u2064 the economy.\u201d \u200c<\/p>\n<p>\u2062 <\/p>\n<p>JING LIU, \u200cCHIEF \u2062GREATER CHINA ECONOMIST, \u2062HSBC, \u200bHONG \u200bKONG<\/p>\n<p> \u200d<\/p>\n<p>\u201cChina\u2019s \u200brebound \u200dis following a different \u200cpath this time,\u200c where consumption has led \u2064the\u2063 recovery. The\u2062 government has\u2064 also refrained\u2062 from massive stimulus, \u200cas it\u2063 is mindful not to exacerbate \u2064structural imbalances. Both\u200d have led \u2062to a more gradual than \u2064expected\u200d recovery\u2026 \u2063the recovery will \u200dbroaden\u200b out \u2062to other sectors \u2064in H2,\u200d and forecast GDP \u2063to grow by \u20625.3% for 2023.\u201d<\/p>\n<p> \u200d<\/p>\n<p>\u201cPolicies will\u2063 remain\u2062 accommodative in the coming \u200bmonths\u2026 \u200bThere may \u200bbe more clarity on\u2064 structural\u200c reforms\u200c in \u200cthe \u200bupcoming \u200cPolitburo meeting and 3rd \u200dPlenum. \u200dWe believe reforms will \u200dfocus\u2062 on enabling\u2064 the new growth\u200c engines\u2026 Enhanced \u2063transparency\u200c in \u200dpolicy making could also \u2063help revive market confidence.\u201d <\/p>\n<p> \u2064<\/p>\n<h2>BACKGROUND:<\/h2>\n<ul>\n<li>Gross domestic\u2064 product grew a\u200c stronger than \u200bexpected 4.5% in\u2064 the \u200dfirst quarter, driven by \u200cpent-up\u2062 demand after\u200d three years of COVID curbs, but momentum has\u2064 faded \u2064quickly since April as \u2062demand at \u200chome\u2063 and abroad \u2064weakens.<\/li>\n<p>\u2063 <\/p>\n<li>Economists blame the fading\u200d recovery \u2063on \u200bthe\u2064 \u201cscarring effects\u201d \u2062caused by the strict \u2064COVID\u2063 measures and protracted regulatory curbs on the property \u2064and tech sectors.\u200c With uncertainties \u200brunning high, cautious \u2062households and \u2062private businesses\u200d are building up \u200ctheir savings and \u200bpaying off their debt rather than making\u2062 new \u2064purchases\u2062 or investments. Youth unemployment has hit\u200d record highs.<\/li>\n<li>While China\u200d is still \u2062seen on track to hit\u200c its modest\u2063 2023\u2063 growth\u2062 target of\u2062 around\u2064 5%,\u2064 a deeper\u200c slowdown\u2064 could stoke more job \u2063losses and fuel deflationary\u2062 risks, further undermining\u2064 private-sector\u200d confidence,\u200c economists\u200c said.<\/li>\n<li>All eyes are on\u2064 an expected \u200dPolitburo meeting later this month, \u200dwhen top leaders could \u200bchart\u2064 the \u200dpolicy\u200c course\u200b for\u200b the rest of the year.<\/li>\n<li>Authorities are likely to \u2062roll\u200b out stimulus steps including fiscal spending\u2064 to\u200c fund big-ticket infrastructure\u200d projects, more support \u200dfor consumers and\u200b private \u200cfirms,\u2063 and some \u2064property\u200c policy easing, policy \u2064insiders and\u200d economists said.<\/li>\n<li>Analysts polled by \u2064Reuters expect the central bank \u200bto\u200b cut banks\u2019\u200b reserve requirement \u200bratio (RRR) by 25 \u2063basis \u2064points in the \u2062third\u200c quarter,\u2063 while \u200ckeeping benchmark lending rates steady after cutting \u2064them\u2064 in June \u2062for\u2064 the \u2064first\u200d time \u2062in 10 months.<\/li>\n<li>Longer\u200c term, \u2064S&#038;P \u200cexpects China\u2019s trend growth \u2062to \u200cslow \u2062to \u200d4.4%\u200d over 2022-2030\u200d and\u200c to 3.1% in 2031-2040, from 6%\u200c in \u200c2017-2021. The gradual slowdown\u2062 is being \u2063driven \u200bby \u200bdemographics,\u200c economic rebalancing, \u2062and \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations\/\" title=\"China's Q2 GDP growth decelerates to 0.8% q\/q, heightening stimulus hopes.\">reduced \u200dinternational economic\u2063 interaction amid \u200defforts<\/a> by the \u2064U.S. and\u2064 other countries \u2063to \u200bdecouple at \u200dleast partly from China.<\/li>\n<\/ul>\n<p> \u2064<\/p>\n<p> \u200d<\/p>\n<p> \u2064(Reporting by Asian bureaus; Compiled and edited \u2062Rashmi \u2064Aich)<\/p>\n<p><a \u200chref=\"https:\/\/www.oann.com\/uncategorized\/chinas-q2-gdp-growth\/attachment\/file-photo-employees-work-on-the-trucks-production-line-at\/\"><\/a><\/p>\n<p>  \u2062\t\t\t \t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\">  \u2064\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Matt Capelouto, \u200cPresident of DrugInducedHomicide.org, discusses how\u2064 his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-xiaomi-bets-bigger-on-india-retail-stores-amid-samsung-rivalry\/\" title=\"Xiaomi expands India retail presence to outshine Samsung rivalry.\">personal tragedy\u200d led<\/a> \u2063to his \u2064quest \u200bto\u2062 fight for a\u2062 safer\u200d future \u200cfor young Americans.<\/p>\n<p> \u200b\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\">\u200b  \t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Matt Capelouto, President \u2063of \u200cDrugInducedHomicide.org, discusses\u200b how \u2063his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hellywood-on-hold\/\" title=\"Hollywood's Pause!\">personal tragedy led<\/a>\u2063 to his quest \u2064to\u200d fight\u2064 for a\u200c safer\u200b future for young Americans.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\u2064  \t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Alex Newman, CEO \u2064of\u200c Liberty Sentinel Media, discusses \u200bthe \u2063importance\u200c of\u2062 knowing \u2064who \u2064is \u200din our \u200dcountry \u200dand securing the border.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\"> \u200c \t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Chad \u2062Prather, Baste Records \u200dArtist, discusses how the \u200c65,000 actors represented\u200d by\u2062 SAG-AFTRA\u200c have joined thousands of writers \u2063to STRIKE!<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\u2062 \u200b \t\t\t\t\t\t\t\t\t\t<\/p>\n<p>By Huw Jones LONDON\u2064 (Reuters) \u2013 Globally agreed\u2063 rules leave\u2062 crypto\u200d firms\u200c with \u2064no\u2064 option but to\u200c introduce basic safeguards\u2064 to prevent\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\"> \u2062 \u2062\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>OSLO\u200c (Reuters)\u2063 \u2013 Facebook and Instagram\u200d owner \u2063Meta \u2063Platforms will\u2062 be fined one million crowns\u200d ($100,000) per \u2063day over\u2063 privacy breaches \u200bunless\u2026 <\/p>\n<p> \u200c\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\"> \u200c \t\t\t\t\t\t\t\t\t\t<\/p>\n<p>LONDON (Reuters)\u2064 \u2013 The\u200b United Nations Security\u200d Council will\u200c hold\u2063 its first formal discussion on \u2063artificial intelligence (AI) this week\u2062 in \u2063New\u2026 <\/p>\n<p>\u200b \t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div \u2064class=\"entry-content\">\n<p>BEIJING (Reuters) \u200b\u2013 Chinese President\u2062 Xi Jinping\u200d said China\u200c must \u200bbuild a \u201csolid\u201d\u200d security barrier around \u200dits internet\u200d under\u2063 the supervision of\u2026 <\/p>\n<p>\u2062 \t\t\t\t\t\t\t\t\t<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s economy experienced sluggish growth in Q2, with weakening domestic and international demand. Although the annual figure was boosted by base effects, overall momentum faltered rapidly. GDP only grew by 0.8% in April-June compared to the previous quarter, according to data released on Monday.<\/p>\n","protected":false},"author":66,"featured_media":1974891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1974890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1974890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1974890"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1974890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1974891"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1974890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1974890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1974890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}