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Transcripts For BBCNEWS Asia 20240706

to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed forecast chinese consumers have been reluctant to spend amid a deepening crisis in the country s property sector and economic slowdown. a majorfault line between washington and beijing is the race to develop semiconductors. chips power everything from smartphones to military highend equipment and are increasingly seen as crucial to the global economy. south korea and the netherlands two keynotes south

Transcripts For BBCNEWS Asia 20240706

local government that and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is a slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again next year, a second visit since july. a majorfault line between washington and beijing is a race to develop semiconductors. chips power everything from smart on stuani and military equipment and are increasingly seen as crucial to the global economy. smartphones to eye hand equipment. career and the netherlands to keynotes in the global chip production, said they are partnering up as well. south korea. translation: 0ur south korea. translation: our two countries have decided to establish a semiconductor alliance encompassing governments, businesses and universities. the netherlands are the

Transcripts For FOXNEWSW Forbes On Fox 20170812 15:00:00

And economy r they right . Hi, everybody, im david asman, lets focus with mr. Steve forbes, elizabeth, sabrina and bruce jackson, steve, spend more . Dave, unfortunately we will have to spend more and a lot more under barack obama the budget declined, a couple of hundred billion dollars, trump is increasing it but not nearly enough, we need more ships, we need more equipment and we need to maintain what we have which we havent done in recent years, we also need radical reform of procurement system which wastes 25 billion a year. A lot has to be done. John, look at the percent of gdp that we spend in Military Hardware, it has come way down. We had the Peace Dividend during the clinton years after the end of the soviet union, thats when the big dip happened and we built up after 9 11 and its come down again. Coming down from a very high level. Even now we spend more on the military annually than the next seven largest spending countries combined. David theyre not spending a lot, john. I

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