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Transcripts For BBCNEWS Asia Business Report 20240706

will be the first since beijing scrapped its zero covid restrictions late last year. the chief economist at hang seng bank china told us she is expecting to see an economic rebound that could fade in subsequent quarters. in rebound that could fade in subsequent quarters. in terms of gdp growth subsequent quarters. in terms of gdp growth for subsequent quarters. in terms of gdp growth for the - subsequent quarters. in terms of gdp growth for the first - of gdp growth for the first quarter it is very likely to exceed expectations because the trade data was just exceptional, so now we are anticipating a growth rate of about 4.5% and in terms of infrastructure, housing, consumption, all those figures will improve significantly in the first quarter as well. there might be some downside risks but it will mostly show up risks but it will mostly show up in the coming months. in the first quarter data probably is just right spots. it’s first quarter data probably is just right s

Transcripts For BBCNEWS World Business Report 20240706

months of this year. these are the first set of quarterly gdp figures since the end of the country s strict covid poilcy in december. this boosted retail sales, which were up over 10% on this time last year. also a huge expansion in travel, with some 45 million air passengers taking trips last month. all of this has helped spark positivity from investors, with groups like citi upgrading their china growth forecast to 6.1% that s well over china s own targets. joining me now is rory green, chief china economist at consultants ts lombard. these numbers look strong. is it a short term bounce or was it more sustainable. it short-term bounce or was it more sustainable- sustainable. it is generally fairly sustainable sustainable. it is generally fairly sustainable for sustainable. it is generally fairly sustainable for the sustainable. it is generally fairly sustainable for the remainder i sustainable. it is generally fairly sustainable for the remainder of 2024. what sust

Transcripts For BBCNEWS The Context 20240706

which is marking 25 years since the signing of the good friday agreement. the historic peace deal largely ended decades of violence in northern ireland. but prime minister rishi sunak says efforts must be intensified to restore the power sharing government that was central to the deal. it collapsed in the fallout from brexit and now the political dysfunction and security concerns are threatening to overshadow the historic milestone. rishi sunak willjoin the us president, joe biden, on a visit to northern ireland on tuesday to commemorate the good friday agreement. a few minutes ago, the us national security council spokesperson, john kirby, told the white house press corps how much this trip means to president biden. president biden will head to ulster university to deliver remarks marking the tremendous progress since the signing of the belfast good friday agreement 25 years ago. and he ll underscore the readiness of the united states to preserve those gains and support no

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