In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
Half time. With just two days to go until the new premier League Season starts, wolves have made a managerial change. Gary oneil has been appointed to take over from julen lopetegui, who left after a long running disagreement with the club about transfers. Oneil has signed a three year deal after being sacked by bournemouth, despite helping them avoid relegation last season. Their first match of the new campaign is on monday against Manchester United. West ham have agreed a fee of £30 million, thats around 38 million, for both southampton captainjames ward prowse and Manchester United defender harry maguire. The England International had slipped down the Pecking Order at old trafford under erik ten hag, who took the captaincy off maguire at the start of preseason. Its not thought agreeing personal terms will be a problem. Two of the worlds top golf players, row of two of the worlds top golf players, have secured their place in the team. Rory mcilroy will play in his seventh consecutiv
Good evening, thank you forjoining us tonight. 41 people have died after their small boat capsized as they were trying to make the crossing from tunisia to italy, the latest in a string of tragic incidents in the mediterranean. Joining me on our panel for the next hour is the political Sketch Writer tom peck and victoria coates, former Senior Energy adviser to the trump administration. Also on the programme, joe biden is expected to issue an Executive Order banning Private Equity and Venture Capital investments in some Chinese Technology companies, escalating washingtons efforts to Prevent Beijing from developing Cutting Edge Technology for its military. Well get reaction from two congressmen that sit on the select committee on china. Its been one year Sincejoe Biden launched his plan to boost the Us Semiconductor industry. We will check in with a member of the chips team to see if the promises have been met. And if you are the type of person struggling to get in your 10,000 steps a da
Nathan law, welcome to hardtalk. Thank you so much for having me again, stephen. Well, its a pleasure to have you back in the studio. We talked last soon after you fled from hong kong. Youve been living a life in exile for pretty much three years now. But your situation has changed recently because the chinese authorities or the hong kong authorities, i should say have put a bounty on your head of1 million hong kong dollars. What difference has that made . Well, its definitely a step up of the Intimidation Tactics that the chinese and Hong Kong Government has been using. For me, ive been wanted on several other charges, but putting a bounty on someone s head is completely new. Like, when i google and search on the list of bounties from the governments list, its actually quite strange because you saw people who are wanted under homicide or any other serious crimes, they were wanted with 300,000 hong kong dollars and we were, like, triple of their bounties. But the charges, of course, ar