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Transcripts For BBCNEWS World 20240705

is a coume our reliance on what you do. there is a coume of our reliance on what you do. there is a couple of things our reliance on what you do. there is a couple of things they re - is a couple of things they re worried about. china s economy is not performing very well right now and the government would like to reassure businesses particularly foreign businesses that now is a great time to invest and should be expanding your operations in china. business confidence particularly foreign business confidence in china, has been dented of the last four years because they have been a number of crackdowns on the acts of private businesses so this is a message that businesses need to hear. that is the short term concern for the government. but there is this broader issue of the way the global economy right now does seem to be factoring into blocks centred on the us, the western powers and centred on china and china s leadership wants to portray china as the bit that is open

Transcripts for BBCNEWS World Business Report 20240604 13:38:00

be decided in meeting my beading and rates will continue to increase at the next meeting injuly. the central bank has hiked rates at the fastest pace ever over the past year to a 22 high in a bid to cool stubbornly high inflation. met are the owner of facebook and instagram has launched a virtual reality subscription service in a bid to make that part of the business profitable. it says it uses pay a fee and access to two new games every month. the first three months of the emitter reported a fall for billion dollar loss. uk supermarkets have denied they have profited too much from storing prices. the bosses at tesco, sainsbury s, asda and morrisons row questioned over why food prices are still rising despite wholesale costs falling. supermarkets rejected claims they are making excess profits and said they were shielding customers from the full impact of rising costs.

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