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BBCNEWS World Business Report February 3, 2017

Brexit, round one. As eu leaders gather in malta. Maltas Prime Minister calls for a fair deal for britain, but warns it will pay a price for leaving. Plus, small talk, big money. Snapchat files for a stock market flotation, that could be the biggest tech ipo since facebook. Welcome to World Business report. Im aaron hesslehurst. In a minute well have, World Business report. But first this. We start in the maltese capital, valletta, where eu leaders are gathering for a special summit, two days after the British Parliament voted overwhelmingly to start the process of brexit. Prime minister theresa may will be holding one on one talks with various eu leaders. So, what is she up against . Malta holds the rotating presidency of the eu. Its
Donald Trump , Britain S Exit , Defence Secretary , European Union , United States , Generaljames Mattis , North Korea , World Business Report , Aaron Heslehurst , Prime Minister , Small Talk , Tech Ipo , Stock Market Flotation , Maltese Capital , Theresa May , British Parliament , Joseph Muscat , European Parliament , Britain Can T , Time Pressure , Member States , Lisbon Treaty , 60 Billion , 60 Billion Euros , Europe S , Juergen Stark ,

With China battling to stabilise its property market, talk of a recovery is premature

The easing of Covid restrictions has undeniably boosted sentiment and sales. But for a government that must still deflate a bloated and overleveraged industry without crashing the market, just stabilising things is proving a challenge. ....

China Property , Re Sales Model , Rome Purchases , China Housing Policy ,

Detailed text transcripts for TV channel - FOXNEWS - 20180521:02:35:00

Enterprises, state banks and so you are starting to see bond defaults increase substantially over last year because they re trying to deleverage the economy. they can t quite do it but whenever they make the attempts to deleverage, companies go bankrupt, and then they panic and start throwing in more money, but this is something you know, we had a 2008 downturn, we took our medicine. maybe not as much medicine as we should have, but we took medicine. the chinese decided not to take medicine, flooded economy with cash. just to give you one example what they did. in the five years after 2008, they increased the amount of credit in china by an amount roughly equal to the entire u.s. banking system. even though at the end of 2008, their economy they claim was less than a third the size of america s. they flooded china with money. they built everything. bridges to nowhere, high-speed rail lines to nowhere. ....

State Banks , Bond Defaults , Companies Go Bankrupt , On China , Central America , Banking System ,