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China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of...

crash — hitting demand for goods and pushing down prices. joining me now is mark williams — chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let's start with. the weeks ahead _ is yellow let's start with. the weeks ahead of— is yellow let's start with. tue: weeks ahead of chinese is yellow let's start with. tte: weeks ahead of chinese new is yellow let's start with. he weeks ahead of chinese new year, is y...

the boss of british gas joins us to talk about that, and to answer your questions. jordan henderson cuts short his stay in saudi arabia. the england midfielder has arrived in amsterdam tojoin struggling dutch giants ajax afterjust 19 games in the middle east. cold today. could it change at the weekend? we are about to go from snow to storms. all the details in breakfast. the indian steel company, tata, will confirm plans today to cut up to 3,000 jobs in the uk. most are expected to be at britain's biggest steelworks in port talbot, at britain's biggest where two coal—fired furnaces...

now, for the business news, i'm victoria valentine. we start in the us where there is more evidence that, after tens of thousands ofjob cuts, big tech is pulling out of its post—pandemic slump. amazon is the latest to reveal it's making much more money than wall street was expecting. sales hit more than $127 billion in the first three months of the year, and the online retail giant says that figure will be higher in the current quarter. it comes after alphabet, the owner of google and youtube, and meta, which owns facebook and instagram, both surprised investors with better—thanâ...

Our international editor, jeremy bowen has the latest. A few minutes after the attack, the building in irans diplomatic compound in a well off central area of damascus seems to be on fire. The israeli strike destroyed the iranian consulate. It was a Precision Attack against a Senior Commander who will have worked hard to keep his movements secret. Despite that, Israeli Intelligence must have tracked general Mohamed Reza Zahedi to the meeting he was having in damascus. He was the Senior Iranian general in syria and lebanon two countries iran regards as critical parts in what it says is its syst...