China, ill just say this. This summit was not about china. That was not the purpose of the meeting, but china came up. Not to say we dont share concerns about the economic coercion or heightened tensions caused by china, put this summit was about our relationship with each other and deepening cooperation across an entire range of issues that went beyond the immediately issues we raised. It was about a more peaceful and prosperous indopacific, a region quite frankly would benefit everyone living there and Around The World if we get it right. Its not just here. It has impact. Anyway, i wont get going. Itll take too long. Today is just how committed we are to see this vision take place. And i think this relationship we put together, and i think youre going to see it expand. This is a historic meeting, but were about to lay in place a longterm structure for a relationship that will last and have a phenomenal impact not just in asia but Around The World. Someone once said in a different con
We start with the social media app tiktok because its ceo has vowed to keep on fighting after the us House Of Representatives passed a bill that could see the app banned in america. Shou zi chew released a video on tiktok threatening legal action and warning that if the bill becomes law it will mean the end of tiktok for its 170 million users in the us. Well hearfrom him injust a moment, but first, heres our us Business Correspondent erin delmore who has been following developments on capitol hill. The houseboat sets the stage for what could become an ultimatum to tiktok Chinese Owned Company bytedance. Selby avenue or it will be banned. There is a way to go between here and there. It needs to go through this and it faces an uncertain future. The Senate Majority leader has been noncommittal about whether he will bring it up for a vote. Some studies are only about to vote against it. If it does move through the senate, President Biden that he will sign it. Components of the bill argue t
To try and rein in soaring prices. So where is the Economy Heading . Im joined now by Salomon Fiedler whos an economist at berenberg bank. Better than expected numbers . More thanjust better than expected numbers . More than just a Coronation Weekend you alluded to, june was the strongest month. The coronation was in may. Domestic spending is relatively strong at the moment or has been in 02. Strong at the moment or has been in q2. Consumers have spent and we see that in the figures now. 02. Consumers have spent and we see that in the figures now. That in the figures now. There are concerns for that in the figures now. There are concerns for the that in the figures now. There are concerns for the longterm that in the figures now. There are| concerns for the longterm health that in the figures now. There are i concerns for the longterm health of concerns for the Long Term Health of the uk economy, what is going on there . , ,. , the uk economy, what is going on there . ,. ,. There . May