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Transcripts For BBCNEWS Asia 20240702

speak to a chinese economist at oxford economics. we are in expansionary territory but still quite, we are looking at perhaps quite a week set of data going to the end of the year. week set of data going to the end of the year. what does this tell us about end of the year. what does this tell us about the end of the year. what does this tell us about the broader - tell us about the broader chinese economy? it tell us about the broader chinese economy? it affirms to us we are chinese economy? it affirms to us we are family chinese economy? it affirms to us we are family on chinese economy? it affirms to us we are family on a chinese economy? it affirms to | us we are family on a bottoming out process. in this bottoming out process. in this bottoming out as always going to be volatile there will be slight ups and slight downs but chinese policymakers will look at the data from today and think this is the second month of contraction, we definitely need more stimulus

Transcripts For BBCNEWS Asia 20240702

is due to take place between the world s biggest oil producers and their allies collectively known as 0pec+, of which the host uae is a member. against that backdrop, i spoke earlier to david schlosberg, the director of the sydney environment institute, who remains sceptical about the outcome of this year s climate. i think there are two key problems politically, the first is the process by the fossil fuel industry, and the second is the process of all countries on any agreement. so, it means that petro states or those in the fossil fuel industry can object to the language and undermine and wield strong changes. forthis undermine and wield strong changes. for this first or the obvious point for a hosier of the head of a state oil company setting the agenda for a price or which for me is weird. he said it is good to have fossil fuel industry editable but they have always been there. some in the community want to be cautiously optimistic, i think i m just cautious, i would be

Transcripts For BBCNEWS Asia 20240702

as the bbc s michelle fleury reports from new york. amazon announced 0 a new chat bot for people to use at work. there seems to be a dispute over where the name came from. some say it s 0, after the character from the james bond movies. others say it s 0, a character from the star trek tv shows. either way, this is a big deal. amazon may not have built chatgpt, but it now has its own generative ai helper. which is designed to assist employees with daily tasks, whether it s answering questions about company policy, to coding, to summarizing strategy documents. crucially, though, it will compete with other corporate chat bots, including microsoft s copilot and google s doitai. now, the tech giant also unveiled new ai. chips at its annual developer conference in las vegas, where also taking the stage was the boss of chip maker in nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to nvidia

Transcripts For BBCNEWS Asia 20240702

but that was not the only new release from amazon as michelle fleury reports from new york. amazon announced 0, a new chatbot for people to use at work, there seems to be a dispute over where the name comes from. some say it is after the james bond movies and some say it is from star trek. either way this is a big deal. amazon may have not built chat gpt but it now has its own generative ai helper which is designed to assist employees with daily tasks, whether it is answering questions about company policy, to coding to summarising strategy documents. crucially, it will compete with other corporate chat bots including copilot by microsoft and duet ai by google. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was the boss of nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to the latest chips from nvidia. why? amazon is t

Transcripts For BBCNEWS Asia 20240702

of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can t have enough cash. step in and probably can t have enough cash- enough cash. under the circumstances - enough cash. under the circumstances what - enough cash. under the circumstances what one j enough cash. under the - circumstances what one needs to be done? ., ., , ., be done? the garment has to make decisions be done? the garment has to make decisions on be done? the garment has to make decisions on allocatingl make decis

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