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Transcripts for BBCNEWS World Business Report 20240604 13:35:00

anybody anticipated. analysts are downgrading china s economic forecast for this year and there s very little inflation. this too much supply and too little demand in the economy but from a national perspective it s an ongoing reflection that the global industrial and manufacturing sector is struggling at the moment. there s not enough demand for goods, for example, like commodities, like iron, copper, oil because of the manufacturing sector contracting so this data is worrying because analysts are worried about the inflation in china and also generally about the global economic recession. about a global economic recession. when it comes to consumer prices in china, is not reflected are strongly there. does that in any way reflected are strongly there. does that in any way help reflected are strongly there. does that in any way help the reflected are strongly there. does that in any way help the rest of us get out of this inflation spiral? i

Transcripts for BBCNEWS World Business Report 20240604 13:34:00

yellen keeps reiterating that the us doesn t want to repress china s economic ambition, they want to safeguard national security, so it s mostly for the premium technology and the artificial intelligence sector, so it s a conciliatory tone that both countries need to work together and make sure they cooperate and coexist instead of decoupling from each other. zoning in on factory gate data, what does this data tell us about what s happening in chinese factories and more broadly the global economy? i think this is disappointing from an economic perspective because there was already worries about the state of the chinese economy and the data shows that the recovery is very slow, nowhere near as strong as

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