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Transcripts for BBCNEWS Asia Business Report 20240604 00:33:00

western economies, but in reality these moves have been really difficult to implement. china isjust really difficult to implement. china is just incredibly important centre of gravity for trade and economic activity for the region and that is true for taiwan. as we look as policy proposals moving forward, he spoke with to provoke this diversification was but in general is going to be tough to bring that aligns with. we think about the reaction of china for the electoral directive it s one thing they re worried about is what potential retaliation might look like from the economic sphere. sceptical of the economic cooperation framework agreement between the two sides there is a potential that china could seek to tweak that agreement. we ve already seen some economic pressure tactics in terms of ending tariff exceptions for taiwanese products. so there are moves there in the policy to look at it that we could see manifest but when we zoom out and look at the nature of companies with sophi

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Transcripts for BBCNEWS Newsday 20240604 00:15:00

beijing responds. ijust don t see that as conducive. i mean, i think it would be far better for china to pursue its winning hand which has been improving the life of its people. it has problems unemployment, slowing international trade. they are trying to adjust, work of the internal economy and that has issues, but if the us putting external pressure on china long term, china isjust going to go its own way, and the us will be denied access to china s markets. that is not going to help anybody. try all the us. i going to help anybody. try all the us. , , , ., going to help anybody. try all the us. ,, , ., ., the us. i guess they are now startin: the us. i guess they are now starting to the us. i guess they are now starting to talk the us. i guess they are now starting to talk to the us. i guess they are now starting to talk to each - the us. i guess they are now starting to talk to each otherj starting to talk to each other and john kerry is coming up next, focusing on climate c

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Transcripts for BBCNEWS Politics Live 20240604 10:31:00

supplier russia also made a similar move, announcing it was cutting production by half million barrels per day from august too. but these cuts are failing to boost energy prices. why? we rejoined by cornelia meyer, who s the ceo meyer resources. big cuts announced, and yet the price remains pretty sluggish. this is a demand problem, isn t it, not a supply issue? it is a demand problem, isn t it, not a suwly issue? is a demand problem, isn t it, not a supply issue? it is a demand problem and the big cuts supply issue? it is a demand problem and the big cuts announced, - supply issue? it is a demand problem and the big cuts announced, the - and the big cuts announced, the saudi cut is a rollover into september of a cut that was already announced, and the russian cut is new, but then it is a demand problem. china isjust not coming out of its covid dodgems as quickly

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Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

expectation beginning to ease in the us the steps of the federal reserve at least for now seems to be comfortable with where rates are, although it s pretty clear they will be looking very carefully at theirjuly meeting and other. china is very countercyclical, instead of the economy going through a period of strong recovery and now easing, china isjust struggling as it emerges out of its pivot away from zero coveted last december. the beginning of this year, it looked like they were high expectations for the chinese economy recovering quickly, but it has really stalled. there really no good positive indicators about the chinese economy in terms of investment or trade or spending at all. so the central bank is looking at anyway they can stimulate the economy, similarly without adding to the overall level of debt in china, that is the quandary that they face right now.

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Transcripts for BBCNEWS Newsnight 20240604 21:47:00

want to regulate, and china isjust as worried about this as we are and are already probably had a farce in terms of regulation inside china, which is a different cultural value system. but we don t know how to regulate yet because we don t have any certainty about the future. we just know there are possibilities and it s all about possibilities. they have very different cultural sensitivities, they have a very different vision for life. they have already published draft regulations that suggest ai anaesthetists share the socialist core values of china. house it going to be possible, then, to get some kind global regulation for al? to get some kind global regulation forai? how is to get some kind global regulation for al? how is it. to get some kind global regulation forai? how is it. it to get some kind global regulation for al? how is it. for al? how is it. it will depend on which aspect, for al? how is it. it will depend on which aspect, there for al? how is it.

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