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Transcripts For BBCNEWS Talking 20240705

a very warm welcome to talking business weekly with me, aaron hazelhurst. let s go take a look at what s on the show. the big china challenge. a year since the covid 19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me how beijing struggles are affecting all of us around the world. and keeping the internet free and fair. the big boss of web browser firefox tells me how her foundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you arejoining me from around the world warm welcome. china, s second biggest economy a trouser united states and is more th

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Transcripts For BBCNEWS Talking 20240705

around the world and keeping the internet free and fair. the big boss of web browser, firefox, tells me how herfoundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. china it s the world s second biggest economy. it trails only the united states and is more than four times the size of the next on the list, japan. so what happens there certainly matters. but a year since the government abandoned coronavirus lockdowns, it s an economy that s still struggling. the challenges for president xi jinping s government include vast debts in the property market and local government, soaring youth unemployment, an ageing workforce and ongoing trade tensions with the united states. his government set a target of around 5% for economic growth this year. it was the lowest in decades, and some say that was deliberate, but it will

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Transcripts For BBCNEWS Asia 20240702

the bbc reporter michelle fleury has more on the story. the road has not been easy. the last time elon musk took to the stage to promote the company s cyber truck, its windows ended up being smashed. four years later, as the company starts delivering the futuristic product to buyers, the problem has been fixed, with customers there in person at the tesla factory there in austin, texas, there to collect their cyber truck. elon musk put on a show to mark this historic moment. this video shows a cyber truck beating a porsche in a drag race while towing a porsche. but tesla s entry into the lucrative us stock market truck market is some two years behind schedule, at a time when high interest rates have dampened buyers ability to make new purchases. the cheapest model is $61,000. elon musk said the company has more thani million reservations and although the cyber truck is not expected to turn a profit for several years to come, given the enormous challenges in actually making

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Transcripts for BBCNEWS Talking Business 20240604 05:55:00

Tuns? ~ , , ., guns? we competed on the browser for guns? we competed on the browser for a guns? we competed on the browser for a few guns? we competed on the browser for a few different | browser for a few different reasons. it may seem like we love the browser because we always built it, that s probably true. but underneath that, the browser is an odd piece of software. the only protection you get is what the system gives you. we see firefox as representing you. everything from protecting you to allowing you to change simple things to much deeper things that consumers don t experience directly. we compete because that question of who represents the individual in a highly centralised technological society is critical. ., ., ., ., , critical. your foundation s bi t t est critical. your foundation s biggest source critical. your foundation s biggest source of - critical. your foundation s biggest source of cash . critical. your foundation s biggest source of cash is | critical

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Transcripts for BBCNEWS Talking Business 20240604 05:52:00

Browser that doesn t come pre installed. one of mozilla s biggest goals is to make the internet a global resource, open and accessible to all. mitchell, how can you do that for china when the internet is so heavily censored there? it’s so heavily censored there? it s a real so heavily censored there? it s a real challenge. some of the censorship we see at the human experience level, and others are in the internet and technology i m actually going to the un next week to discuss these very topics. and the consumer experience side, you know, their vision of how online works is very clear. and it is in service of stability of the society and the state. as many economies, including china, look increasingly to service industries for economic growth, mitchell, how important is a free and fair internet to that? and what do you think that? and what do you think that contributes to economic growth? that contributes to economic trowth? ., , that contributes to economic trowth? ., ,, . that

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