the russian prison was called a criminal, returning to the crime scene. it was the first time mr burton had been to newly occupied ukrainian territory. now my bbc news, talking business. let s take a look at what is on the show. spy balloons, tiktok and taiwan. trouble is never far away from the us china relationship so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that s despite us china trade hitting a record high last year and with the president s increasing his power this expert tells us what this means for economic ambitions. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of t
so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that s despite us china trade hitting a record high last year and with the president s increasing his power this expert tells us what this means. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of the monetary fund s china division. the man behind brands such as intercontinental, holiday inn and crown plaza tells us by a big expansion is not stopping him sleeping despite the delicate state of the global economy. welcome to talking business weekly. the us and china are the world s two biggest economies and for decades they have helped
of ukrainian grain from black sea ports that was due to expire on saturday has been renewed. you re watching bbc news. now its time for talking business let s ta ke let s take a look at what is on the show. spy balloons, tiktok and taiwan. travel is neverfar away from the us china relationship so what do mounting tensions mean for the global economy? the third presidential term and joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that is despite china trade hitting a record high last year and with the president increasing his power this expert tells us what this means. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of the monetary fund s china division. the man b
are you perhaps holding back on some of those plans? so around the world we are seeing, at an industry level, a slowdown of construction. so that is definitely happening because of the availability of construction workers and what is happening. with lending. great brands get lended to. we actually can go to the banks and help get that landing but it is though. grand breaks are about 50% of what they were pre covert. we did see an acceleration to q4 and we expect to see an acceleration in 2024, but it is going to be a slower growth environment. but the amazing thing is about share. so today we have 4% of the global hotel supply but 11% of the global pipeline so nearly three times as much.
grown faster than gdp. and so effectively, we have a growing economy around the world, travel will always grow faster than that. the only time it didn t was the financial crisis and during covid. we expect that trend to continue, and it s growing middle classes and rising wealth. it is the desire for people to stay connected and so we expect that demand to continue over the past couple of decades and that supports the new hotel developments around the world. of course, new hotels are very expensive projects, often requiring big loans. are high interest rates at the moment affecting the timescale? could you perhaps holding back on some of those plans? so around the world we are seeing, at an industry level, a slowdown of construction. so that is definitely happening because of the availability of construction workers and what is happening. great brands get landed too. we actually can go to the banks and help get that landing but it is though. grand breaks are about 50%