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Transcripts for BBCNEWS Asia Business Report 20240604 01:38:00

sales to russia surprised him. that s a major good guide for this year in terms of the tailwind for china but it has been on the rise for the last three years. since 2020 chinese exports have more than tripled, quadrupled if you look at the full year this year. a lot of what s driving it is frankly the slowdown in demand in china which creates a whole lot of excess capacity in china for producing cars which the pressure then is relieved by exporting to other countries. you talked about weakening domestic demand and we ve been getting quite a lot of weak economic data from china. how worried are you that especially things like high unemployment rate among youth could affect car sales going forward? that s certainly a drag on demand. last year we had supply chain restrictions which constrained the growth in the market, but frankly since 2017 the market for automobiles has

Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

china s electric cars. earlier i spoke to bill russo of consulting company auto mobility who gave us his reaction on the numbers. that s a ma or reaction on the numbers. that s a major good reaction on the numbers. that s a major good guide reaction on the numbers. that s a major good guide for- reaction on the numbers. that s a major good guide for this - a major good guide for this yearin a major good guide for this year in terms of the tailwind for china but it is been on the rise for the last three years since 2020. chinese exports have more than tripled, quadrupled if you look at the full year this year. a lot of what s driving it is frankly the slowdown in demand in china which creates a whole lot of excess capacity in china for producing cars which the pressure that is relieved by exporting to other countries. talked about weakening domestic demand and we ve been getting quite a lot of weak economic data from china. how worried are you that especially things like high unempl

Transcripts for BBCNEWS Asia Business Report 20240604 23:35:00

ukraine. combustion engines represent the majority of these exports, but there s also growing global momentum behind china s electric vehicles. earlier i spoke with bill russo of consulting firm automobility and he gave his take on the numbers. fax a made chair good guy for this year in terms of the tailwind for china. but it s been on the rise for the last three years since 2020, china s experts have more than tripled, quadruple to come if you look at the full year this year. a lot of what is driving it is frankly the slowdown in demand in china, which creates a whole lot of excess capacity in china while producing cars, which the pressure than is really by exporting to other countries. you talked about weakening domestic demand, and we have been getting quite a lot of weak economic data from china. how worried are you with that especially things like high

China rises History, Trends, Challenges, and Implications for th - 博客

China rises History, Trends, Challenges, and Implications for th - 博客
wenxuecity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wenxuecity.com Daily Mail and Mail on Sunday newspapers.

How emerging economies can help China achieve its goal of peaceful rise

The developing world needs China and its lower-cost goods, vast capacity and massive surplus capital. Robust trade with the Global South will support China’s growth and offers it another pathway to high-income status – even as its relationship with the West sours.

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