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Transcripts For BBCNEWS Asia 20240705

important to mention that he has generally softened his stance in the last few years and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro status quo, the idea that he will inherit the foreign policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said the question here is that china will believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let s talk a little about trade and what the consecutive succession under the dpp could mean for trade with china. that is an interesting dynamic to look at because as strained as the relations are under the dpp, econom

Transcripts for BBCNEWS Asia Business Report 20240604 02:37:00

How quickly that situation will be stabilised. So you are left grappling with long Term Uncertainty about whether or not this route through the Red Sea will be viable. Google has pulled many crypto eggs hinges including finance from its Place Store in india over the weekend coming two weeks after the global crypto exchanges were flagged for operating illegally in the South Asian market. Lets cross to mumbai where we can find our business correspondent. What problem does the government have with these exchanges . The governments have with these exchanges . Tue governments major have with these exchanges . Tte governments major concern i. I te have with these exchan Es7 T governments major concern is that these offshore rebel exchanges are not compliant with the anti Money Laundering laws in india and that millions of users in india are using these offshore platforms to evade taxes on crypto currency trading. Late in december the

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