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Transcripts For BBCNEWS Asia 20240704

De risking strategy poses yet another threat to foreign businesses operating there. I think the biggest challenge right now is the clear message from the United States government coming right out of the white house that theyre encouraging us businesses to essentially what they call de risk from china, that theyre encouraging us businesses to limit investment in china, especially when it has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attractive. And i think it shows us three major things. The first is that it demonstrates that china knows that its got a problem. Its economy is slowing. Its got a housing bubble, unemployment is particularly high and Foreign Inve

Transcripts for BBCNEWS Newsday 20240604 00:30:00

can foreign investment sold china s growing economic blooms? we look at beijing s attempt blooms? we look at beijing s attemthohn overseas capital attempt john overseas capital and attemthohn overseas capital and whether foreign businesses are buying it. and the bespoke handmade suit makes a post pandemic comeback, proving that never go out of style. welcome to asia business report. i am monica miller. we begin in china. and with the mounting signs that the world s second largest economy is slowing down. om a surprise move on tuesday, beijing said it was no longer going to release youth unemployment figures, which reached record highs injune. meanwhile, the country s central bank has also cut the cost of borrowing in an attempt to boost growth. and on the internationalfront, beijing is trying to encourage more foreign investment at a time when relations between china and the us are strained. daniel picard is an international trade and security expert and he says the biden administratio

Transcripts for BBCNEWS Asia Business Report 20240604 00:30:00

can foreign investment sold china s growing economic blooms? we look at beijing s attempt blooms? we look at beijing s attemthohn overseas capital attempt john overseas capital and attemthohn overseas capital and whether foreign businesses are buying it. and the bespoke handmade suit makes a post pandemic comeback, proving that never go out of style. welcome to asia business report. i am monica miller. we begin in china. and with the mounting signs that the world s second largest economy is slowing down. 0m a surprise move on tuesday, beijing said it was no longer going to release youth unemployment figures, which reached record highs injune. meanwhile, the country s central bank has also cut the cost of borrowing in an attempt to boost growth. and on the internationalfront, beijing is trying to encourage more foreign investment at a time when relations between china and the us are strained. daniel picard is an international trade and security expert and he says the biden administratio

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