Labourers work at a construction site in Beijing, China.Economic growth is set to fall slightly. Jason Lee / Reuters
Labourers work at a construction site in Beijing, China.Economic growth is set to fall slightly. Jason Lee / Reuters
Labourers work at a construction site in Beijing, China.Economic growth is set to fall slightly. Jason Lee / Reuters
Labourers work at a construction site in Beijing, China.Economic growth is set to fall slightly. Jason Lee / Reuters

China growth to slow in second half but only slightly


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China's economy is likely to grow at an annual rate of around 6.7 per cent in the second half of 2017, slowing slightly from the first half of the year, the State Information Center (SIC) said on Tuesday.

The SIC is an official think tank affiliated with the National Development and Reform Commission, the country's top economic planning agency.

It forecast full-year growth in the world's second largest economy of around 6.8 per cent, it was reported as saying by the the state-owned China Securities Journal.

The SIC said the small decline would reflect a number of factors including a slowdown in export growth and a cooling of investment in the real estate market.

"The emerging service industry will maintain good growth momentum," said the SIC.

China's economy grew 6.9 per cent in the second quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a red-hot housing market.

Reuters

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Rainbow

Kesha

(Kemosabe)

What is an FTO Designation?

FTO designations impose immigration restrictions on members of the organisation simply by virtue of their membership and triggers a criminal prohibition on knowingly providing material support or resources to the designated organisation as well as asset freezes. 

It is a crime for a person in the United States or subject to the jurisdiction of the United States to knowingly provide “material support or resources” to or receive military-type training from or on behalf of a designated FTO.

Representatives and members of a designated FTO, if they are aliens, are inadmissible to and, in certain circumstances removable from, the United States.

Except as authorised by the Secretary of the Treasury, any US financial institution that becomes aware that it has possession of or control over funds in which an FTO or its agent has an interest must retain possession of or control over the funds and report the funds to the Treasury Department.

Source: US Department of State

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Date started: July 2020

Founders: Omar and Humaid Alzaabi

Based: Abu Dhabi

Sector: HealthTech

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MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports