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Transcripts For BBCNEWS Asia 20240704

Of qontigo who gave us his expectations for chinas latest factory activity. Its likely to continue for a wild because it is still driven by manufacturing and dependent on global trade and, you know, geopolitical environment, and we are not having any of these right now. Even germanys Industrial Complex is sluggish a bit so its notjust china but everywhere. Global demand in mostly services is given by technical Communication Services and big tech so shows and manufacturing are a bit sluggish, yes. I shows and manufacturing are a bit sluggish, yes. Bit sluggish, yes. I want to talk about bit sluggish, yes. I want to talk about japan bit sluggish, yes. I want to talk about japan because l bit sluggish, yes. I want to talk about japan because it talk aboutjapan because it took markets by surprise in terms of what its central bank has done which makes its
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Transcripts For BBCNEWS World 20240704

Alarm bells are ringing about the outlook for china, but officials remain confident this is a short term blip. Only last month, the chinese premier, li qiang, said his country was still on track to reach its annual Growth Target of around 5 , a modest target after china grewjust 3 last year, one of the weakest showings in nearly half a century. Lets talk through whats at stake with jane foley, head of fx strategy at rabobank. Iam hoping i am hoping she is there. Good morning to you. I am hoping she is there. Good morning to you. Good morning. A fourth month morning to you. Good morning. A fourth month in morning to you. Good morning. A fourth month in a morning to you. Good morning. A fourth month in a row morning to you. Good morning. A fourth month in a row of fourth month in a row of contraction although it is slightly improved from last month, hasnt it . It slightly improved from last month, hasnt it . Month, hasnt it . It has ....

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Transcripts For BBCNEWS The 20240705



expected to celebrate pride in london tomorrow we will talk to the ukrainian singer representing her country in the parade. but first to france, where in the last few minutes all bus and tram services have been stopped under order of the interior minister. tensions are still running high after three days of violence over the police killing of a teenage boy in a paris suburb. and in the last hour police have confirmed that a young man has died after falling from a roof during the protests. armoured vehicles are being deployed to avoid more scenes like this from last night. at least 875 people were arrested in clashes in multiple cities. speaking earlier, president emmanuel macron said that nothing can justify the violence. he criticised social media, saying it played a role in stoking the recent violence and that many of the protesters have been young teenagers. translation: there are lots of young people involved in these demonstrations, sometimes very young p ....

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Transcripts For BBCNEWS Asia 20240705



houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some companies had to take a detour around southern africa, driving up costs. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products will all of this get impacted or only a part of this will be impacted because what we have learnt is that the system finds alternate ways of re routing ....

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Transcripts For BBCNEWS Verified 20240705



commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geop ....

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