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BBCNEWS Asia July 5, 2024



stimulus will come, but it will be limited. just to barely make it to 5% and possibly slightly below 5% next year. it to 596 and possibly slightly below 596 next year.- below 596 next year. these attacks on below 596 next year. these attacks on commercial - below 596 next year. these - attacks on commercial shipping in the red sea what s the impact likely to be on china and asia? surely these countries also need the goods that are being shipped from that are being shipped from that region? that are being shipped from that reuion? ~ ., , , that region? well, absolutely. china is the that region? well, absolutely. china is the largest that region? well, absolutely. china is the largest exporter l china is the largest exporter in the world by far with manufactured products. so china does suffer from, especially from when it takes to bring goods to europe. of course, we have railway now, available. part of the belt & road initiative. but you know, ukraine and russi ....

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BBCNEWS Asia July 5, 2024



important to mention that he has generally softened his stance in the last few years and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro status quo, the idea that he will inherit the foreign policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said, the question here is will china believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp, and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let s talk a little about trade and what the consecutive succession under the dpp could mean for trade with china. that is an interesting dynamic to look at because as strained as the relations are under the dpp, econ ....

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BBCNEWS Asia July 5, 2024



approve or endorse bitcoin. he said investors should remain cautious about the risks associated with bitcoin and says the currency is primarily a speculative asset. a false tweet was posted on the sec s official x account the day before, saying it was approved. the sec said its social media account was compromised and an investigation is ongoing. let s stay in the us and head over to las vegas where the consumer electronic show is now under way it is the biggest consumer tech show in the world. our north american technology reporterjames clayton has been trying out some of the latest products. there is a lot of weird tech at ces. take this hyundai prototype car that crab like moves sideways into parking spaces. or drone soccer, where the goal is to fly a drone through a doughnut shaped goal, which is harder than it looks. now, start using the left stick and start moving. 0h! as you can tell, it takes a bit of practice to fly. how would you rate that out of ten? th ....

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BBCNEWS Asia July 5, 2024



and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro status quo, the idea that he will inherit the former policy that make foreign policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said the question here is that china will believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let s talk a little months or even years. let s talk a little about months or even years. let s talk a little about trade - months or even years. let s talk a little about trade and | talk a little about trade and what talk a little about trade and what the consecutiv ....

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BBCNEWS World July 5, 2024



before those strikes took place, the boss of maersk, one of the world s biggest shipping companies, spoke to the bbc to warn of significant disruption to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re routing its vessels away from the red sea and suez canal. instead they are taking the long way round , from asia to europe, and around the cape of good hope. that s an extra 3500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc that these extra costs are already being passed onto consumers. this assessment of the most important oddities of global trade and to rewrote all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that and probably a few months more as we have to get back then into normal. you need to see a stronger mobil ....

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