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Transcripts For BBCNEWS Talking 20240705

a very warm welcome to talking business weekly with me, aaron hazelhurst. let s go take a look at what s on the show. the big china challenge. a year since the covid 19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me how beijing struggles are affecting all of us around the world. and keeping the internet free and fair. the big boss of web browser firefox tells me how her foundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you arejoining me from around the world warm welcome. china, s second biggest economy a trouser united states and is more th

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Transcripts For BBCNEWS Talking 20240705

around the world and keeping the internet free and fair. the big boss of web browser, firefox, tells me how herfoundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. china it s the world s second biggest economy. it trails only the united states and is more than four times the size of the next on the list, japan. so what happens there certainly matters. but a year since the government abandoned coronavirus lockdowns, it s an economy that s still struggling. the challenges for president xi jinping s government include vast debts in the property market and local government, soaring youth unemployment, an ageing workforce and ongoing trade tensions with the united states. his government set a target of around 5% for economic growth this year. it was the lowest in decades, and some say that was deliberate, but it will

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Transcripts for BBCNEWS Talking Business 20240604 05:56:00

accuses it of unfairly shutting out rivals from being the highly profitable default search engine. how concerned are you about the foundation s future, given that trial could lead to the loss of that money from google? from google? there s many reasons to from google? there s many reasons to work from google? there s many reasons to work on - from google? there s many reasons to work on revenue j reasons to work on revenue diversification. we ve been doing that for some time. there s the one you mention, like something catastrophic could happen. there s also long term change in consumer habits, or market, or customers or business relationships. if there s some catastrophic change whether it s the one you raise or something else in the future, then we ll address it. but the long term piece of how is it that the internet s impact on society is a more positive benefit for society thanit positive benefit for society than it is today, you know, we ll continue with that. even if the for

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Transcripts for BBCNEWS Talking Business 20240604 23:55:00

where the usjustice department accuses it of unfairly shutting out rivals from the position of being the highly profitable default search engine on web browsers. how concerned are you about the foundation s future, given that that trial could lead to the loss of that money from google? there are many reasons to work on revenue diversification, and we ve been doing that for some time. there s the one you mentioned. like something catastrophic could happen. there s also long term change in consumer habits or market or customers or business relationships. and so if there is some catastrophic change, whether it s the one you raise or something else in the future, then we ll address it. but the long term piece of how is it that the internet s impact on society is a more positive benefit for society than it is today? we ll continue with that, even if the form of work changes. mitchell baker, the big boss of mozilla. thanks very much for coming on the show and we ll check in with you soon. it

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