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China's economic slowdown can generate ripple effects across world: Report

According to Chinas National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects across the world, reported Financial Post.
Soult Ukpyolsi South Korea Zhu Hong Christopher Wray Kim Byung Yeon China National Bureau Of Statistics

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Samsung, LG hold CEOs' meetings amid deepening economic downturn

Samsung Group and LG Group are holding presidential-level meetings to prepare to cushion against the impact of a global economic downturn caused by high exchange rates, interest rates and prices, according to industry sources, Tuesday. The sources said Samsung Group held its presidential meeting on Monday at Samsung Electronics Talent Development Center in Yongin, Gyeonggi Province.
United States Kyonggi Do South Korea Baek Byung Yeul Lee Jae Yong Koo Kwang Mo

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