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Transcripts for BBCNEWS World Business Report 20240604 05:38:00

significant impact on living standards across the country. this $1.78 billion package won t be made available in full all the same time. 780 million will be made available by the world bank initially and $1 billion will be made available at a later stage. regardless of their timeline, the situation on the ground is of course very desperate and those funds will make a big difference. to china now, where growth last year was at its weakest in almost half a century as strict covid lockdowns and regulations brought much business activity to a standstill. with the end of the zero covid policy, the world s number two economy is taking off again. but will a resurgent china add to global inflation at a time when the rest of the world is hoping it will come down? duncan wrigley is chief china economist at the consultancy pantheon macroeconomics.

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Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Cools

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Cools | Currency News UK

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Transcripts for BBCNEWS World Business Report 20240604 05:32:00

by duncan wrigley chief china economist at pantheon macroeconomics. good morning to you. do we know what the real picture is in time in china in terms of the number of infections and those in hospital and those critically ill?- in hospital and those critically ill? in hospital and those criticall ill? ~ ., ~ ., critically ill? we don t know the exact critically ill? we don t know the exact number, - critically ill? we don t know the exact number, there i critically ill? we don t knowl the exact number, there has been an explosion of cases. china has stopped trying to count the number of cases. they didn t see any point in counting things like milder asymptomatic cases. anecdotally, there is no down its exploding extremely fast. i spoke to a contact before christmas in one of my contacts in shanghai said nine out of ten of his department had called covid there is no doubt it is spreading quickly, china is a huge country. so it will not be spreading in the same extent everywhere bu

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Chinese trade falls on weak demand, Covid restrictions

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November

Hao zhouJulian evans pritchardGuotai junan internationalChina economistCapital economicsCommunist partyWeak global demandDomestic demandOvid 19 related production disruptionsOmestic property sector crisisHina 39s exportsChina importsOrld 39s second largest economyWorld tra

China s trade suffers worst slump in 2-1/2 years as COVID woes, feeble demand take toll

China s trade suffers worst slump in 2-1/2 years as COVID woes, feeble demand take toll
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