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Transcripts For BBCNEWS Verified 20240704

Its estimated that could cost more than 5 billion. One of the buildings which was destroyed was the grace baptist church. Our correspondent sophie long is in hawaii and spoke to some of the congregation. The fire left more than a city devastated, and charred black buildings behind. Questions hover above the emptiness. How can you rebuild from this . What will exist here in the future . A now churchless congregation gathers at a coffee shop to share their pain. One of the Police Officers sent me pictures. It used to be my house. I wept, but weeping is not a lack of faith. Thank god that he gave us tears. Amazing grace. There are so many questions that remain without answers. Why did one survive to sit in a makeshift church when their neighbour didnt . What will become of their community so crippled by a loss thats still being counted . I dont think it will ever be the same. I hope it will be better. Thats my prayer. And i believe that, i think one day, you know, it can be an even better

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Transcripts For BBCNEWS Asia 20240704

White house, that they are encouraging us businesses to help de risk from china, that they are encouraging us businesses limit investment in china, especially with industries touching on National Security concerns. Security concerns. One of the thins security concerns. One of the things china security concerns. One of the things china introduced security concerns. One of the things china introduced over| things china introduced over the weekend is Tax Incentives as well as help with visas, but will that work . I as well as help with visas, but will that work . Will that work . I dont think so, not will that work . I dont think so. Not right will that work . I dont think so, not right off will that work . I dont think so, not right off the will that work . I dont think so, not right off the bat. I will that work . I dont thinkl so, not right off the bat. The State Council recently issued guidelines to essentially make investment in china more attractive, and i think it shows us three ma

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Transcripts For BBCNEWS Asia 20240704

De risking strategy poses yet another threat to foreign businesses operating there. I think the biggest challenge right now is the clear message from the United States government coming right out of the white house that theyre encouraging us businesses to essentially what they call de risk from china, that theyre encouraging us businesses to limit investment in china, especially when it has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attractive. And i think it shows us three major things. The first is that it demonstrates that china knows that its got a problem. Its economy is slowing. Its got a housing bubble, unemployment is particularly high and Foreign Inve

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Transcripts For BBCNEWS Asia 20240704

Has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attractive. And i think it shows us three major things. The first is that it demonstrates that china knows that its got a problem. Its economy is slowing. Its got a housing bubble, unemployment is particularly high and Foreign Investment is beginning to slow down. The second thing is theyre saying the right things, that theyre providing Tax Incentives and theyre trying to theyre indicating that theyre going to protect intellectual Property Rights and theyre trying to make the country look more attractive for foreign investors. But i think the third thing is the most important, and thats us companies and Multinatio

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