Putting China's economic figures in context
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 19 January 2026
⏱️ 8 minutes
🧾️ Download transcript
Summary
From the BBC World Service: New data shows that China's economy grew by 5% last year. While positive, it’s not anywhere near the stellar growth figures China has had over years past, and the economy faces a weak housing market, a falling population, and ongoing trade tensions with the U.S. Plus, we examine what's driving the wealthy to the United Arab Emirates and how a boom in luxury real estate is changing Dubai.
Transcript
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| 0:31.1 | Will there be a trade war between the U.S. and Europe over Greenland? |
| 0:35.3 | Live from the UK, this is the Marketplace Morning Report from the |
| 0:38.3 | BBC World Service. I'm William Lee Adams. Good morning. The dispute between European |
| 0:44.2 | countries and the United States over Donald Trump's determination to annex Greenland continues |
| 0:49.4 | to escalate. A full European Union summit will be convened on Thursday to consider a collective response |
| 0:55.4 | as diplomats try to avoid a trade war with Washington. |
| 0:59.3 | Speaking at a press conference in the last couple of hours, British Prime Minister, Sir Keir Starmer, |
| 1:04.4 | said the use of tariffs against allies is completely wrong and warned that households, |
| 1:09.4 | small businesses, and working people are those |
| 1:11.9 | who feel it first if supply chains are hit. Here's the BBC's Katya Adler in Brussels. |
| 1:17.3 | We're looking at potentially a full-blown transatlantic trade war. That would affect all of us. |
| 1:22.9 | And that will happen if Donald Trump goes ahead with his Greenland tariffs and if the EU, for example, |
| 1:28.5 | retaliates strongly against the United States. So with so much at stake, that's why you're |
| 1:33.7 | hearing strong pronouncements from European leaders, but they're really worrying about what |
| 1:38.7 | action should they take. That's why there's going to be this emergency summit of EU leaders |
| 1:43.0 | here on Thursday. |
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