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Transcripts For BBCNEWS Asia 20240703

Serious consequence in terms of the pricing of Country Garden debt but notjust for the company butjust for the sector in general and could create another round of market turbulence. Which we have seen already. I would say that the key thing here is chinas real estate problem is in the crux of other problems currently facing. We have seen rivals defaulting. How significant if Country Garden was to default . Country carden garden was to default . Country garden involves garden was to default . Country garden involves at garden was to default . Country garden involves at least garden was to default . Country garden involves at least 3000 l garden involves at least 3000 existing Housing Projects and a lot of them are in inaudible whereas for Country Garden, they have a lot more. On a brighter note, i would say that perhaps Country Garden seems to be less complicated in terms of structure than ever grand so there is a key risk to worry about but maybe there are also things like the structur

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Transcripts For BBCNEWS Asia 20240703

Consequence in terms of the pricing of Country Gardens debt. Notjust for the company debt. Not just for the company but for the debt. Notjust for the company but for the sector in general. It could create yet another market turbulence, which we have seen in the past few months already. Now, i would say the key thing here is chinas problem like many other problems. Inaudible. Speaking of china, the us Commerce Secretary has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserved a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. One of chinas main trading partners, australia, will be releasing its latest trade figures this week along with retail sales and growth figures. Also the monthly rate review by the Reserve Bank Of

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Transcripts For BBCNEWS Asia 20240703

Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev

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Transcripts For CNNW CNN 20240603

doctors preferred better science, better results i learned thoughts on capitol hill son of the sitting president on trial, hunter biden s addiction and purchase of a gun in october 2018, is at the heart of this case mexico will have its first female president. this is a historic moment despite the long lines and the enthusiasm that we saw all day long, it seems like a lot of people stayed home i m here to support my government in taking if this proposal is not accepted they will not be another one live from london. this is cnn newsroom with max foster hello, a warm welcome to our viewers joining us from around the world. i m that s false. third is monday, june the third is 9:00 a.m. here in london, 4m in wilmette, wilmington, delaware, where once again, the united states is preparing for a trial without precedent that could have huge political ramifications just days after president joe biden told the country, no one is above the law, his own son will stand trial in the c

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Transcripts For CNNW CNN 20240701

results in what will be and ears and historic election in mexico, they are now then we, will have those in just a moment. voters are set to elect their first female president. former mexico city mayor claudia sheinbaum, a predicate protege of the outgoing president is projected to win her rivals. so chill galvez, supported by a coalition of opposition parties earlier, she had said she thought she had one, but at this stage, we understand that shinbone is the winner. i understand that we are actually going to bring up our reporter who s standing by gustavo valdez have we got gustavo standing by? gustavo and talk to us about the outcome here? of course, we ve learned that claudia sheinbaum has one. but what was the holdup here well, it was something that the institute of elections called off the first conference about an hour ago, they said there was a glitch the system they assured everybody that it wasn t hacking. but within men as they just announced, their results and the

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