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Transcripts For BBCNEWS Business Today 20241010

Kilometres South West of cape canaveral. Making its way across florida. The new leader has delivered his national address since he became leader injanuary. He called on the people of taiwan to be courageous and brave amid escalating tensions with china. He pledged to defend the islands sovereignty. It makes most of the well s advanced chips. Lets speak to a political Scientist And Assistant professor at taiwan university, and a nonresident fellow. Thank you forjoining me. First of all, the speech, what have you made of it, what do you see is the most important Top Lines . What we have often important Top Lines . What we have often heard important Top Lines . What we have often heard from important Top Lines . What we | have often heard from William Lai since he came into office was a bit more of a snarky tone and how he addressed china and relations. We saw a Tone Change in the Speech Today where we saw far more pragmatic level headed language in regards to Cross Trade Relations and th

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 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 will china 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, economics

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

Transcripts for BBCNEWS Asia Business Report 20240604 03:37:00

About whether or not this route through the Red Sea will be viable. Google has pulled many crypto exchanges from its Play 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 find our business correspondent. Why has google taken this step . The governments major concern is that these offshore crypto exchanges are not compliant with the anti Money Laundering laws in india, and that

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