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
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And Consumer Confidence has been affected. So that average spending for a trip is been decreased compared to 2023. We are also seeing a lot of bookings for high speed trains, so many travellers opt for cheaper Regional Travel rather than flying. But we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high and brilliant travel inside and outside of china, a big rise in nature and coated travel, such as session one, debate, and The Mole dies, so more people are wanting to connect with nature and explore culture. Wanting to connect with nature and explore culture. Sichuan and explore culture. Sichuan and the maldives. And explore culture. Sichuan and the maldives. Does and explore culture. Sichuan and the maldives. Does that and the maldives. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people are willing to spend more . ~ ,. ,. , on peop
Growth growth has been slower in 2024, and the Consumer Confidence has been affected so that average spending per trip has been decreased compared to 2023. So we are also seeing a lot of bookings for high speed trains, so so many travellers opt for cheaper Regional Travel rather than flying. But actually we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high End Premium Travel inside and outside of china, a big rise in nature and coated travel, such as sichuan, hunan, tibet and the maldives, so more people are wanting to connect with nature and explore culture. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people who are willing to spend more . The Stimulus Measures may help in the short term, but actually we are seeing long Term Recovery for the Tourism Sector will depend on the broader economic factors. Especially the recovery of Co
Its nine in the morning in singapore, and 4am in the Middle East, where more israeli strikes have been reported in beirut after israel issued further Evacuation Orders in parts of Southern Lebanon. Were looking at pictures of a huge explosion in the last few hours. Now i want to take you to live pictures from the lebanese capital, beirut. On Saturday Night The City experienced one of its most intense bombardments so far in this conflict. Authorities say at least 25 people were Killed. On sunday the Israeli Military said it had Killed a senior hezbollah commander, although the group has not yet commented. The Israeli Military says its investigating why five rockets fired from Southern Lebanon on Sunday Night managed to penetrate Israels Air defences and explode in the northern Port City of haifa. Several people were injured. Meanwhile in gaza, israeli attacks are continuing. The hamas run Health Ministry says 26 people were Killed in strikes on a mosque and a School Housing displaced pa