Of qontigo who gave us his expectations for chinas latest factory activity. Its likely to continue for a wild because it is still driven by manufacturing and dependent on global trade and, you know, geopolitical environment, and we are not having any of these right now. Even germanys Industrial Complex is sluggish a bit so its notjust china but everywhere. Global demand in mostly services is given by technical Communication Services and big tech so shows and manufacturing are a bit sluggish, yes. I shows and manufacturing are a bit sluggish, yes. Bit sluggish, yes. I want to talk about bit sluggish, yes. I want to talk about japan bit sluggish, yes. I want to talk about japan because l bit sluggish, yes. I want to talk about japan because it talk aboutjapan because it took markets by surprise in terms of what its central bank has done which makes its Bond Yield Control policy more flexible. What are your expectations about that . Inflation has been above the target for a few months so
Alarm bells are ringing about the outlook for china, but officials remain confident this is a short term blip. Only last month, the chinese premier, li qiang, said his country was still on track to reach its annual Growth Target of around 5 , a modest target after china grewjust 3 last year, one of the weakest showings in nearly half a century. Lets talk through whats at stake with jane foley, head of fx strategy at rabobank. Iam hoping i am hoping she is there. Good morning to you. I am hoping she is there. Good morning to you. Good morning. A fourth month morning to you. Good morning. A fourth month in morning to you. Good morning. A fourth month in a morning to you. Good morning. A fourth month in a row morning to you. Good morning. A fourth month in a row of fourth month in a row of contraction although it is slightly improved from last month, hasnt it . It slightly improved from last month, hasnt it . Month, hasnt it . It has slightly month, hasnt it . It has slightly been month,
they say while the government will allow india to strengthen, its presence in the design, assembly, and packaging ends of the chip making value chain, attracting manufacturing investment will need more work. for companies to commit to technology transfers and set up fabrication units, india will need to undertake structural reforms such as improving its business climate and trade linkages. the country has made some headway on these fronts but there is still a long way to go. to the us, where senators are looking to summon developers and experts for hearings later this year on possible legislative safeguards over the issue of artificial intelligence. last week big tech players like microsoft, openai, and google announced the formation of a group to look at how the future of ai applications are developed. earlier i spoke to lan guan of accenture on the sort of guardrails needed. first of all, we have to understand the different risks. for example, data security
in which india is going on a chip making but industry watchers are more cautious, they say while the government supports will allow india to strengthen its presence in the chip making chain attracting manufacturing investment will need more work. for companies to commit to technology transfers and set up fabrication units, india will need to undertake structural reforms such as improving its business climate and trade linkages. the country has made some headway on these fronts but there is still a long way to go. nikhil inamdar, bbc news, mumbai. a big week for new zealand. from tuesday, new zealand will introduce new measures to help restrict vaping amongst young people. the measures range from limits on sales near schools to a ban on some disposable units, as it extends anti smoking regulations. the country s government plans to phase in the changes over a six month period, as it cracks down on the industry.
package for chip companies, investments finally seem to be coming in. after micron s $2.7 billion commitment to set up a semiconductor assembly and testing plant just a few weeks ago. amd has said last week it will open its largest research and development centre in bengaluru. now prime minister modi has said a 50% assistance to set up chip manufacturing in the country will mean india could see exponential growth in this sphere. foxconn says it is optimistic about the direction in which india is headed on chip making. but industry watchers are more cautious. they say while the government s sops will allow india to strengthen its presence in the design, assembly and packaging ends of the chip making value chain, attracting manufacturing investment will need more work for companies to commit to technology transfers and set up fabrication units. india will need to undertake structural reforms such as improving its business, climate and trade linkages.