Transcripts for BBCNEWS World Business Report 20240604 04:30:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
So for china? 896 back in 1992 it was around 1496. i think- so for china? 896 back in 1992 it was around 1496. i think it l it was around 14%. i think it would fall very much in line for what they would hope but it doesn t reflect the drop that will be due to this lockdown. and, in terms of the wider implications of it, how concerned should other countries regionally and further afield to be by this morning from officials there? the warning about the lockdown,, i m not sure? the warnin: lockdown,, i m not sure? the warning from lockdown,, i m not sure? the warning from chinese - lockdown,, i m not sure? the warning from chinese officials there could be some headwinds, both domestic and international challenges? 50 both domestic and international challenges? challenges? so i think i m actually in challenges? so i think i m actually in shanghai - challenges? so i think i m actually in shanghai and l challenges? so i think i m l actually in shanghai and i ve been lot down now for 34
With a stark warning let s turn our attention to china now, which has reported its economy grew by 4.8% in the first quarter of this year. the figures were slightly higher than many analysts were expecting, however officials warned there would be domestic and international challenges ahead over the coming months. these include the current shanghai lockdown due to rising covid cases. joining me now is mark schaub, who s a international partner at king and wood mallesons. what do you make of this figure growth of that size would be the economies but perhaps not so for china? b’s the economies but perhaps not so for china? so for china? 896 back in 1992 it was around so for china? 896 back in 1992 it was around 1496. so for china? 896 back in 1992 it was around 1496. i -
China should try to open up a bit, of course they have to balance different priorities so it s difficult. it s difficult. mark, thank you very much- to sri lanka now, where regulators have suspended trade at the colombo stock exchange for the next five days, as the country grapples with its worst economic crisis in decades. the country is struggling to repay its huge foreign debt and its officials are due to meet with the international monetary fund later today. for more on this, monica miller joins us from our singapore bureau. sri lanka seems to be going from one crisis to another? these talks are crucial for sri lanka later today, they will have to convince the imf they do have a restructuring plan in place that they are in a place to actually implemented and we are projecting that plan might be three or $4 billion worth of help. however it won t be
Did he resolve. did he resolve. in terms of this we saw did he resolve. in terms of this we saw so did he resolve. in terms of this we saw so much - did he resolve. in terms of this we saw so much in - did he resolve. in terms ofj this we saw so much in the did he resolve. in terms of - this we saw so much in the way of supply chain problems over the last couple of years, given the last couple of years, given the importance of factors and manufacturing in china and the amount they export to the rest of the world, do you think that could resurface as a fresh problem again? could resurface as afresh problem again? could resurface as a fresh problem again? this will be a massive problem problem again? this will be a massive problem because - massive problem because shanghai has only had the hard not done since april one, the port, they were operating the port, they were operating the port and other major infrastructure with what they call a closed loop, people were sleeping at the