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Transcripts For BBCNEWS Asia 20240703

Serious consequence in terms of the pricing of Country Garden debt but notjust for the company butjust for the sector in general and could create another round of market turbulence. Which we have seen already. I would say that the key thing here is chinas real estate problem is in the crux of other problems currently facing. We have seen rivals defaulting. How significant if Country Garden was to default . Country carden garden was to default . Country garden involves garden was to default . Country garden involves at garden was to default . Country garden involves at least garden was to default . Country garden involves at least 3000 l garden involves at least 3000 existing Housing Projects and a lot of them are in inaudible whereas for Country Garden, they have a lot more. On a brighter note, i would say that perhaps Country Garden seems to be less complicated in terms of structure than ever grand so there is a key risk to worry about but maybe there are also things like the structur

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Transcripts For BBCNEWS Asia 20240703

Consequence in terms of the pricing of Country Gardens debt. Notjust for the company debt. Not just for the company but for the debt. Notjust for the company but for the sector in general. It could create yet another market turbulence, which we have seen in the past few months already. Now, i would say the key thing here is chinas problem like many other problems. Inaudible. Speaking of china, the us Commerce Secretary has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserved a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. One of chinas main trading partners, australia, will be releasing its latest trade figures this week along with retail sales and growth figures. Also the monthly rate review by the Reserve Bank Of

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Transcripts For BBCNEWS BBC 20240703

Of russias full scale invasion in feburary of last year, winning praise for negotiations to secure allied weaponry and expanding ukraines army. But as ukraines government has ramped up investigations into corruption, mr reznikov has become the subject of increasing speculation over financial misconduct, though he has not been personally implicated. Meanwhile, on the battlefield, ukrainan generals claim theyve breached russias formidable first line of defences in the south, near zaporizhzhia. General Oleksandr Tarnavskiy told the Observer Newspaper that extensive minefields had blocked troops for several weeks, leaving them vulnerable to russian shelling and drone attacks. But the general claimed that clearing those mines has allowed his forces to advance, saying ukraine expects weaker Russian Defences ahead. Questions over ukraines slow progress on the battlefield remain, but ukraine says its forces are making steady gains in the south of the country, expanding its units in recent week

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Transcripts For BBCNEWS Asia 20240703

Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev

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Transcripts For BBCNEWS World 20240703

Programme. What are you hoping to achieve at this summit . First of all, good morning. Hi from jakarta. This is where we are having our Asean Business Investment Summit filter what we intend to do here is not only compete, but to collaborate. This is how the sectors are investing time, that we Work Together and create complementary values. More importantly, what we bring in is what we call the asean inc operator, Whereby The Public and private partnership is the key importance, where we should be driving asean together and the focuses economy because the end of the day what we want to establish is actually prosperity for our people. And that is the goal. Creating prosperity for our people. Creating prosperity for our eo le. Creating prosperity for our. Eo. Le,. , creating prosperity for our eole. ,. , people. Ok. So myanmar is a art of people. Ok. So myanmar is a part of asean. People. Ok. So myanmar is a part of asean. How people. Ok. So myanmar is a part of asean. How do people. Ok.

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