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you re watching the context on bbc news. temperatures hit record levels all across the world, the uk announced it has been through its hottestjune ever. pressure grows on our global emissions and how key industries can not find solution to tackle the human impact on climate change. there are new indications that global temperatures spiked injune. that s intensified concerns that restricting long term increases in global temperatures to 1.5 degrees may now be impossible. extreme heatwaves in the chinese capital beijing have broken records. it s been a similar story in the united states where temperatures have been 10 degrees above the seasonal average. india has seen an increase in deaths related to the heat. and here in the uk, it s been the hottestjune on record. environmental experts say the heat is causing unprecedented numbers of fish to die in rivers and canals. for more on this, i spoke to dr rob stoneman, director of landscape recovery at the wildlife trusts. these are ....
real increase in fdi on your perspective? it real increase in fdi on your perspective? real increase in fdi on your perspective? it is a continuing stru: ale perspective? it is a continuing struggle for perspective? it is a continuing struggle for the perspective? it is a continuing struggle for the uk perspective? it is a continuing struggle for the uk to - perspective? it is a continuing struggle for the uk to attract l struggle for the uk to attract investment, particularly a new productive greenfield investment. numbers have been roughly holding up to a degree. but it is largely in existing infrastructure or upgrades to that. there has not been a lot of new projects particularly in manufacturing. a little bit more in services. it is a struggle but the uk is still recently attractive investment destination. to recently attractive investment destination. destination. to what extent is the concern destination. to what extent is the concern about destination ....
of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can t have enough cash. step in and probably can t have enough cash- enough cash. under the circumstances - enough cash. under the circumstances what - enough cash. under the circumstances what one j enough cash. under the - circumstances what one needs to be done? ., ., , ., be done? the garment has to make decisions be done? the garment has to make decisions on be done? the garment has to make decisions on allocatingl make ....
the firm has a sizeable exposure to china s real estate industry that has been rocked by serious financial problems like evergrande and country garden. having a look at how this impacts the chinese economy i have been speaking to andrew collier, an expert on shadow banks. the bigger threat is not so much a meltdown like the united states had in 2009. that occurred because there was lots of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. went down, those products very china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. however, the bigger issue is debt. overall, the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the central of government is very reluctant to step in and probably can t have enough cash. under the circumstances, what nee ....
and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. however, the bigger issue is debt. overall, the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the central of government is very reluctant to step in and probably can t have enough cash. under the circumstances, what needs to be done? the government has to make decisions on allocating defaults. will mortgage holders get hurt? that is what happened in the united states, lots of people lost lots of money in their housing. will the banks be squeezed? they can be but then you can t put the banks out of business because then you lose your financial system. so there will be a lot of investors, people in zhongzhi, who they thought could make a killing, and they are losing theirsh ....