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"Beef. The defendants were accused of fraud. I won't do it. I'm Mike Moore. And I'm Mark mills. In the Bloomberg radio newsroom. China's GDP grew at six point six percent in two thousand eighteen its lowest rate since one thousand nine hundred ninety according to official figures out today as Beijing grappled with the effects of the trade war with the US in the last three months of the year. The Chinese economy grew at six point four percent. The data was in line with forecasts. But underlines recent concern about weakening growth in the world's second largest economy. Stocks in the US Europe and Asia have gotten off to a good start in two thousand nineteen Mike bell of J P Morgan asset management in London sites. Two reasons for the advance a possible trade deal and the Federal Reserve. Not five partly hope of a trade deal and the market pricing in the fact now that the Fred Wayne hike this year. So to me, there's a risk that bell says there's no certainty the US and China will reach a trade deal any thinks the fed will raise rates two more times this year. US financial markets were closed today. For the Martin Luther King junior holiday in Europe. The London footsie was up by a fraction. The Dax in Germany off six tenths of a percent. The Nikkei in Japan gained a quarter percent and Hong Kong's. Hang Seng index was up four tenths. Facebook is endowing a new institute devoted to the ethics of artificial intelligence. Get details on that from Bloomberg. Susanna Palmer Facebook has found itself. Increasingly embattled in the past two years facing criticism for failing to stop the spread of fake news terrorist propaganda and hate speech as well as abusing user's privacy. The news center will be at the technical university of Munich in Germany, which Facebook says is one of the top. Ranked for artificial intelligence Facebook is funding at with an initial grant of seven and a half million dollars over five years. Susanna Palmer, Bloomberg radio. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Mark mills. This is Bloomberg.."