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Transcripts For BBCNEWS Business 20240703

Be bigger than the european union. Europe is aware of this. While they will have difficulties over trade they also rely china is it going to become the big market for them also, so thats also part of the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for a second time as president of the united states, and they know that donald trump has absolutely no emotional connection to europe. He does not quite see the value of his european allies, and europe may have to get a much more difficult geopolitical environment. In that difficult geopolitical environment, when europe is looking for ways and means to possibly restrain russia at that point in time, maybe they can talk with china. And as you know china played an Important Role

Transcripts For BBCNEWS Business 20240703

And they made a big fuss about everything that i ever found. And it was because of the stage of where the plane was. If im looking at a plane thats supposed to be getting shaped and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . They just wanted the product out. They werent focused on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many defects many, many, many o

Transcripts For BBCNEWS Business 20240703

And they made a big fuss about everything that i ever found. And it was because of the stage of where the plane was. If im looking at a plane thats supposed to be getting shaped and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . They just wanted the product out. They werent focused on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many defects many, many, many o

Transcripts For BBCNEWS Business 20240703

Of where the plane was. If im looking at a plane thats supposed to be getting shaped and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . They just wanted the product out. They werent focused on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many defects many, many, many of them bad. They knew that, they were aware of it. And spirit was wrong for sending defective

Transcripts For BBCNEWS Asia 20240703

others, like china s unfair trade policies and preventing access to advanced us technology. and on the chinese side, president xi reportedly called us support for any taiwanese independence effort a red line and accused the us of trying to suppress china s development of advanced technology. over four days of meetings, treasury secretary janet yellen is expected to meet with some china s top political and economic officials, as well as american business leaders and chinese professors and students. she is expected to warn china against flooding the market with cheap clean energy exports, things like electric vehicles and lithium ion batteries. the white house is trying to bolster that industry domestically by offering its own tax breaks and subsidies. let s get you up to speed quickly with an earthquake this morning in taiwan, because the well s largest contract chip maker has told the bbc it has evacuated some of its facilities there. the company says it is estimating th

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