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like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow ever ....
wise ministers. this is probably the biggest delegation saudi arabia has a centre for the summit in the last so many years. this comes just two weeks after the chinese arab business, the 10th ofjune, in which we saw a huge chinese delegation coming in. both countries are looking at this as an opportunity to really deepen their economic push, which we have seen really flourishing, at least on the surface of the last few months. it president started with a presence she champagne s visit, last year, and we have seen chinese companies in western saudi arabia, and if you look on paper, saudi arabia is china s large supply of oil, and also its largest trading partner. but the companies are now looking past other sections of the economy and business where they can both come together. tell and business where they can both come together. come together. tell us a bit more about that, come together. tell us a bit more about that, especially come together. tell us a bit mor ....
words, embrace it, it is coming. set aside the fear of the significant change and concentrate on how you can best tap into the opportunity. let s head over to davos and speak to the tech entrepreneur sachin dev duggal, who s co founder of the software development platform builder.ai. thank you forjoining us this morning. firstly, give us your reaction to that, the misuse of ai, the biggest risk to the world economy. i the biggest risk to the world economy- the biggest risk to the world econom . ~ ., ., , economy. i think with all of these thins economy. i think with all of these things there economy. i think with all of these things there is economy. i think with all of these things there is a economy. i think with all of these things there is a balanced - economy. i think with all of these i things there is a balanced approach. there is a risk of misinformation, but there is also the potential for massively improving individual productivity. one of the things we ....
behind the alibaba single - our asia correspondent. he was behind the alibaba single stay l behind the alibaba single stay phenomenon in 2009 and has been the chief executive for about eight years and he has been the chairman for around four years but now he is stepping down and he willjust focus on heading up the company s new cloud computing unit which is going to work on artificial intelligence. it is all part of the company s broader pivot away from e commerce and online shopping is what made it its fortune but in recent years sales have been sluggish and the value of the company has diminished and the management decided there was need for a rethink so about three months ago they announced the company would be splitting up into six. we company would be splitting up into six. ~ , . ~ company would be splitting up into six. ~ , ., ~ ., ., company would be splitting up into six. ~ , w . ., , company would be splitting up into six. we will break away to bring you some n ....
into service, there have been a number of high profile problems with the programme, including electrical faults and quality control issues. shares in boeing fell 9% in pre market trading in new york this morning. so how much of a wake up call is this for boeing? i m joined byjohn grant, chief analyst, at the aviation analytics provider, oag. thank you forjoining us here, john on bbc news. first question is, this is the last thing they need, isn t it? if there were no warnings, what is going on at boeing? it’s it? if there were no warnings, what is going on at boeing? is going on at boeing? it s not an ideal start is going on at boeing? it s not an ideal start to is going on at boeing? it s not an ideal start to a is going on at boeing? it s not an ideal start to a new is going on at boeing? it s not an ideal start to a new year - is going on at boeing? it s not an ideal start to a new year for - is going on at boeing? it s not an l ideal start to a new year f ....