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Transcripts For BBCNEWS Asia 20240704

For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is going to be this continuing tweaking to accommodate. Tomorrow we will get some extra data out. But really what is the biggest problem facing china to get its economy up and running . If china to get its economy up and runnina . ,. , china to get its economy up and runninu . ,. ,

Transcripts For BBCNEWS Asia 20240704

China, such as Quantum Computing, Artificial Intelligence and advanced semi conductors. The goal is to stop us capital and know how from speeding up the developments of technology that could help china for developing weapons for use against america in a military conflict. It would require firms making investments in a broader range of sensitive Chinese Industries to report that activity. Potentially laying the ground for more restrictions on investments down the road. The regulations arent expected to take effect right away, and there will be a Public Comment period so businesses can weigh in on the proposals. China is the worlds second biggest economy. A vital market for american companies. And the concern expressed by some us execs may explain why this order, which was expected back in february, hasnt been release untilled now. Until now. A Senior Administration official described the move as saying that this is a National Security action, not an economic one. Adding that us is not d

Transcripts For BBCNEWS Asia 20240704

As it could have been, certainly not as restrictive as the rumours suggested it would be when the Administration First announced announced it was considering Something Like this. You know, it really only targets new investments into chinese firms, and only chinese firms that derive more than 50 of their revenue from sensitive sectors like ai, quantum computing, and advanced semiconductors. And that is far more narrow than we couldve seen because last october, the administration talked about a broader range of industries that were National Security sensitive and would require either Export Controls or some sort of investment restriction, or both. As michelle mentioned, businesses get a say in this what kind of reaction are you expecting from American Companies . Well, American Companies that have been investing in these will not like this and will push back, and try to seek implementation that is as narrow as possible. Itll be a back and forth conversation, im sure, and ultimately the a

Transcripts for BBCNEWS Asia Business Report 20240604 00:41:00

fundraising mission is nothing compared to the biggest challenge of east a few years ago. the huge abdominal tumour he had been sent for end of life care but a marathon 17 hour, eight organ transferred operation xavien. it was only before the person in the world to have the procedure. then, with his wife laura bailey is side, he has taken on various fundraising adventures around the world full s latest is more local but could be the toughest yet. i willjust a few will it all the will just a few will it all the way to northampton. all this little princess by laid on the top of a skip looking sorry for itself. i thought it would make a pretty littlejealous. itself. i thought it would make a pretty little jealous. is that the challenge to write it from here down to the cancer research shop, around 30 miles. here he is. training has commenced. here he is. training has commenced. already we are havinu commenced. already we are having trouble commenced. already we are having trouble with

Transcripts for BBCNEWS Asia Business Report 20240604 01:41:00

things are challenging enough in itself to ride. but it s got a flat tire today which is not making things any easier. adam certainly likes making things any easier. adam certainly likes to making things any easier. adam certainly likes to challenge - certainly likes to challenge himself to say the least. but training for his latest fundraising mission is nothing compared to the biggest challenge he faced a few years ago. with a huge abdominal tumor, he d already been sent for end of life care, but a marathon 17 hour, 8 organ transplant operation saved him. he was only the fourth person in the world to have the procedure. since then, with his wife, laura, by his side, he s taken on various fundraising adventures around the world. the latest is more local, but could be the toughest yet. i might have to wheelie it all the way there. i saw this princess bike just the way there. i saw this princess bikejust laid on the top of a skip looking a little sorry for itself and i thought tha

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