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Transcripts For BBCNEWS Asia Business Report 20240706

jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china l fra

Transcripts For BBCNEWS Asia Business Report 20240706

three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor to get his thoughts on mr macron s economic agenda. there were some results. and especially another, the second airbus assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. it s a tricky one, isn t it? because china is obviously such a huge market for france and other european countries but the politics of this cannot be ignored. so how does france balance that relationship bearing in mind the political pressures in play? president macron invited ursula von der leyen to come with him. when we are looking at the different speeches that have been given in beijing, macron is playing the soft part while ursula von der leyen is playing the hard card because she has warned several times china because of the alleged meddling of

Transcripts For BBCNEWS Asia Business Report 20240706

to the negotiation table over ukraine. the economy it was also high on his agenda and during his three day visit deals have been struck including on green and nuclear energy. i spoke with a professor earlier from the business school we explained the balancing act that france needs to strike with beijing. what is happening is that president or an invited ursula von der leyen to come with him and they are looking at the different speeches that have been given in beijing. micron is playing the soft parts while ursula bandar lyon is playing the hard part because has warned china several times because of the alleged meddling of china and russia or in ukraine. so president micron is playing this card in order to say we can corporate with china. we are the biggest chinese partner in the economy field so there are ways we can corporate no while the european commissioner was given warnings. commissioner was given warninqs- commissioner was given warninus. . ., , ., warnings. that was

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

following marketplace, they have a strong following in younger consumers which following in younger consumers which is following in younger consumers which is pretty incredible. what which is pretty incredible. what are some of the challenges when you do have a business that does have a family in charge and the legacy issues with that? i charge and the legacy issues with that? with that? i think the key thin is with that? i think the key thing is to with that? i think the key thing is to establish - with that? i think the key thing is to establish a - thing is to establish a governance structure that sort of in a way, unlike the succession scenario, protect the business from the family. so what you see in the levi s situation is a very strong board of direct, incredible expertise at that board level, they have two family board members that represent the family s interest but they have a strong predominance of independence, there is an independent chair and they have a really

Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

and you mentioned 170 years old, but levi s jeans have actually been around for 100 and years. been around for 150 years. pretty incredible so they have a long legacy to rely on but they also have relevance to marketplace, they have a strong following in younger consumers which is pretty incredible. what are some of the challenges when you do have a business that does have a family in charge and the legacy issues with that? i think the key thing is to establish a governance structure that sort of in a way, unlike the succession scenario, protect the business from the family. so what you see in the levi s situation is a very strong board of directors, incredible expertise at that board level, they have two family board members that represent the family s interest but they have a strong predominance of independence, there is an independent chair and they have a really strong nonfamily leadership team, they haven t had family members engaged in the business for awhile which is somethin

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