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pressure points that these countries will have to navigate? i really think it s a confidence game at this point. we want consumers to continue to spend, we want firms to continue to invest. i think having some confidence that the rate cycle globally is near its peak, the us continues to put up good numbers, china has tweaked some of the measures in the property market. it s certainly not a disastrous story but it will probably in poorly on growth, and countries have to figure out how to navigate that given the particular circumstances. not a terrible scenario but a bit weaker than we are used to in this part of the world, where china was powering the region and everyone else was pulled along. how do you see the challenges in the property sector? it was one of the huge boosters in the chinese economy. the property sector in china is driving between a quarter and a third growth. we know the authorities are concerned about excess debt levels. they want the market mechanisms to w
summit in san francisco. it s their first face to face talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington s measures to restrict beijing s access to advanced computer chips. the meeting comes as china s once roaring economy struggles to recover from the the impact of the pandemic. earlier, i spoke to the executive director of the asian trade centre in singapore, deborah elms. she told me this conversation is an important first step. well, i think the most important part is that they ve had a meeting. i mean, that sounds pretty modest, but after a lot of disruption through the trump years and then through the pandemic and through the post pandemic period, just having a conversation between the two leaders is critical to helping stabilise this rocky relationship. we talk a lot about the conflicts and economic differences. but how has this impacted customers and businesses? has there been much of an impa
economic cooperation summit in san francisco. in their first face to face talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington s measures to restrict beijing s acess to advanced computer chips. the meeting comes as china s once roaring economy struggles to recover from the the impact of the pandemic. earlier i spoke to the executive director of the asian trade centre in singapore, deborah elms. she told me this conversation is an important first step. well, i think the most important part is that they ve had a meeting. i mean, that sounds pretty modest, but after a lot of disruption that through the trump years and through the trump years and through the trump years and through the pandemic and through the pandemic and through the pandemic and through the post pandemic period, just having a conversation between the two leaders is critical to helping stabilise this rocky relationship.- stabilise this ro
talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington s measures to restrict beijing s access to advanced computer chips. the meeting comes as china s once roaring economy struggles to recover from the impact of the pandemic. earlier, i spoke to the executive director of the asian trade centre in singapore, deborah elms. she told me this conversation is an important first step. well, i think the most important part is that they ve had a meeting. i mean, that sounds pretty modest, but after a lot of disruption through the trump years and then through the pandemic and then through the post pandemic period, just having a conversation between the two leaders is critical to helping stabilise this rocky relationship. we talk a lot about the conflicts and economic differences, but how has this impacted customers and businesses? has there been much of an impact? well, certainly, if you re a us consumer, there s