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Transcripts For BBCNEWS Newsday 20240704

Chinese economy. Now, normally, this is a kind of rubber stamp session where pre approved decisions are cleared and made official. But that said, because its so organised and because we already know, or at least the government already knows, what its going to announce, then we can get an idea of what theyre thinking. And people are going to want to know what the plan is for the economy. Theres huge pressure on the real estate sector, local government debt, University Graduates are looking for good jobs all these bread and butter issues, just like in other countries. And even though this is a kind of turgid, rubber stamp mass gathering, people will nevertheless be looking for some concrete solutions to come out of it. And just elaborate, if you could, a bit more about the issues or the biggest issues that are on the minds of people youve spoken to. Yeah, its economy, economy, economy this year. I mean, sure, therell be, you know, talk of relations with taiwan and the us and the environm

Transcripts For BBCNEWS Asia 20240704

Economy now is important to anchor confidence. In doing that comes from projecting really clear, decisive policies to win the economy. 50 really clear, decisive policies to win the economy. So when it comes to to win the economy. So when it comes to confidence, to win the economy. So when it comes to confidence, we to win the economy. So when it comes to confidence, we are i comes to confidence, we are seeing china struggling with that. Do you see them introducing measures to boost spending because eli would say nine months ago, it wouldve seemed unlikely. But now the barfor stimulus is much higher. Its almost become a bit of a necessary condition for them to introduce something on the consumption side, to really boost the economy around 5 this year. Really boost the economy around 5 this year 596 this year. China is already saddled with 596 this year. China is already saddled with debt, 596 this year. China is already saddled with debt, what 596 this year. China is already saddled wit

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