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Transcripts For BBCNEWS World 20240702

And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products including electric cars. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for its chips has driven nvidias share price up by more than 200 over the past year, with china being its leading buyer. Joining me now is rory green, chief china economist, and head of asia research, at ts lombard. Thanks for being with us today. What you expect to come out of these talks . ,. ,. , you expect to come out of these ta

Transcripts For BBCNEWS Asia 20240702

Talked about china as a challenge to the rules based order is something China Bristles at and would like to see change. Bristles at and would like to see change bristles at and would like to see change. This visit comes when we see change. This visit comes when we see see change. This visit comes when we see the see change. This visit comes when we see the crisis see change. This visit comes when we see the crisis in see change. This visit comes i when we see the crisis in The Middle East unfolding, what impact is that likely to have on relations . On relations . Its another wonderful on relations . Its another wonderful reason on relations . Its another wonderful reason for on relations . Its another wonderful reason for the | on relations . Its another. Wonderful reason for the us on relations . Its another wonderful reason for the us and china to stabilise their own bilateral relationship or at least, come up with a statement that shows they are managing the relationship responsibly

Transcripts For BBCNEWS Asia 20240702

9,000 workers to walk out at fords largest plant in mid october. The tactic has been to play the auto makers against each other and, in this instance, the uaw may try to pressure stellantis to match an offer on the table. Well get a glimpse into what this means when gm and Ford Report Currently Earnings this week. In the past, the union have used pay and reports to fuel the argument that the companies can afford concessions to workers. Gm reports tuesday. Given wall street verse look at the impact of the strikes. Ford follows on thursday. Staying in the us, rumblings in the market appear to have concerned investors. The snp closing at its lowest since may, that has led to higher demand for government bonds, also called treasuries. Often viewed as a safe haven investment. Leading to a fall in the yield. A boost in demand pushes up prices leading to a fall in the yield, but that has bounced back amid concerns that the fed will continue to hike rates. I spoke to tim murray about the impli

Transcripts For BBCNEWS World 20240703

A short time ago my colleague Sally Bundock spoke to a board member of the future Investment Initiative, matteo renzi, who was also Prime Minister of italy. He told her what the initiative is all about. Future Investment Initiative tried to offer a platform of dialogue, particularly in business and correctly you explained the quality. One point, european. 400 ceos from europe as well as china, discussing here the initiative that became one of the most attractive and brilliant possibilities of exchange. Last time was in the army the next time will be in hong kong but this is the pillar of the initiative of f at the same time, there are a lot of tensions in the economy so we need a new campus is the new title of this initiative. A new campus to understand what would be best for business and politics. Light to what extent is whats happening in israel and gaza are overshadowing this event now . I believe that everything thats happened in the last two years on the border is an unbelievable

Transcripts For BBCNEWS Asia 20240703

Chinese government which it is why it has so many facilities on the chinese mainland and what we know about what it is being investigated for . There were few details in the article, but we know its something to do with taxes, land use and potentially breaking laws and regulations. Any indication of why this is happening now . Any indication of why this is happening now . There is no details on happening now . There is no details on what happening now . There is no details on what prompted i happening now . There is no | details on what prompted the investigation but its a sensitive time for taiwan. We are two and a half months away from a president ial election and taiwan is a self governing territory but china claims as its own. The other interesting thing is that foxconn s Billionaire Founder is running in the president ial election and that might be a coincidence its happening at the same time. It is largely seen as being pro china and pro business, something he has pushed back on

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