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Transcripts For BBCNEWS Business Today 20241009

After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor

Transcripts For BBCNEWS BBC News 20241009

Herere the thoughts of former united Manager David moyes. Well, ive been there, and i know it is an unbelievable club with a lot of pressure. A lot of people want to talk about it. For me is the biggest club in the world which is talked about, whatever city you go into. It comes with the territory, and Manchester United want to win, the supporters want to win, and every manager who goes into the job wants to win as well. I think he showed brilliant resilience with the situation hes in. As far as i know i dont see him ducking any questions or Media Interviews that you people put forward to him. I think you have to give him. I think you have to give him great credit for that. Its a job which is going to attract immense pressure, people talking. I think i have to say hes done a brilliantjob. The group stages of the womens Champions League get under way later. Womens super league champions chelsea face Real Madrid in one of the standout ties. Chelsea Head Coach Sonia bompastor is the only

Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241009

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the

Transcripts For BBCNEWS BBC News Now 20241009

About whatever city you go into. So, it comes with the territory. Manchester united want to win. The supporters want to win. And every manager who goes into the job wants to win as well. I think hes showed brilliant resilience in the situation hes in. I think he should be credited for how well hes conducted himself. As far as i know, i dont see him ducking any questions or any Media Interviews that you people put forward to him. So i think you have to give him great credit for that. But its a job which is going to attract immense pressure, people talking. So, i have to say, i think hes done a brilliantjob. The group stages of the womens Champions League get underway later. Womens super league champions chelsea face Real Madrid in one of The Stand out ties. Chelsea Head Coach Sonia bompastor is the only woman to have won the compeition as a player and a manager. There are three other ties on tuesday. Celtic take on twente, while Lyon Play Galatasaray and roma face wolfsburg. Staying wit

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