The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the
Good afternoon. Water companies in england and wales have been ordered to repay nearly £158 Million to their customers. The Regulator Ofwat says its because the firms have failed to meet performance targets such as cutting Sewage Spills and leaks. Some future Water Bills will be reduced to reflect the missed targets. Our Environment Correspondent Jonah Fisher reports. A warning this report contains flashing images. This Report Card does not make pleasant reading for the Water Companies. Targets for reducing leaks are not being hit, the number of Pollution Incidents has hardly changed in the last five years and Customer Satisfaction has continued to fall. Three Water Companies anglian, southern and welsh are rated bottom of the class. The others are just average, with none rated in the top category. So we think the sector suffers from a culture of poor performance, that companies are not taking responsibility for their performance. They are too often blaming the weather or the circumst
For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?. ,. , economy? there have been a view. Is economy? there have been a view is when economy? there have been a view. Is when it economy? there have been a view. Is when it comes economy? there have been a view. Is when it comes to view. Is when it comes to turning around china s fortunate this part of the cycle, but i
He was speaking after talks with the german Chancellor Olaf Scholz in berlin. Both men are proposing a new bilateral treaty covering science, technology, trade and business, but Sir Keir says he has no plans for a youth mobility scheme, which could have given young people in the eu the right to live and work here in the uk. Henry zeffman is travelling with the Prime Minister. Clearing the way for something new. The Prime Ministers first official visit to germany, with early steps towards greater unity. The launch of talks on a treaty between the two countries, encompassing trade, defence, Migration And Plenty more. A new agreement, a testament to the Depth And Potential of our relationship with deeper links on science, technology, development, people, business, culture. A boost to our trading relations. The german chancellor was to our trading relations. The german chancellor was notably to our trading relations. The german chancellor was notably promising chancellor was notably promis