speak to a chinese economist at oxford economics. we are in expansionary territory but still quite, we are looking at perhaps quite a week set of data going to the end of the year. week set of data going to the end of the year. what does this tell us about end of the year. what does this tell us about the end of the year. what does this tell us about the broader - tell us about the broader chinese economy? it tell us about the broader chinese economy? it affirms to us we are chinese economy? it affirms to us we are family chinese economy? it affirms to us we are family on chinese economy? it affirms to us we are family on a chinese economy? it affirms to | us we are family on a bottoming out process. in this bottoming out process. in this bottoming out as always going to be volatile there will be slight ups and slight downs but chinese policymakers will look at the data from today and think this is the second month of contraction, we definitely need more stimulus
amount of coal they burned but a commitment on oil and gas use remains elusive. at the same time a meeting is also due to take those between the biggest oil producers and their allies, collectively known as opec plus of which the host, uae is a member. against that backdrop i have been speaking to david schlossberg, director of the sydney environment institute to remain sceptical about the of this year s climate talks. i think there are two clear problems. the first is the capture of the process by the fossil fuel industry and the second is the process itself. that is just the way it works. it means that petro states or countries that would captured by the fossil fuel industry can object to language and undermine real and strong changes. on the power of the fossil fuel industry, for this meeting we may be disappointed. we have the head of an oil state company setting the agenda and to me, that isjust an illustration of capture. he says it will be good to have the fossil fuel
as well as future business conditions, the country is facing an economic slump as we have been reporting and unemployment has a consumer spending as well. to understand more let s speak to a chinese economist at oxford economics. thank you forjoining us on asia business report. what is your reaction to the readings we are seeing? your reaction to the readings we are seeing? generally we are disappointed. we are seeing? generally we are disappointed, we we are seeing? generally we are disappointed, we had we are seeing? generally we are disappointed, we had expected i we are seeing? generally we are| disappointed, we had expected a contraction in this activity but not to the extent but we have to recognise these are diffusion industries more helpful in telling us the direction in which things are going stop i would say that on the manufacturing side what jumps out at us as this is effectively driven by if you look at the subcomponents this is driven by to a large extent
legend for a billion dollars over his promotion of crypto exchange, binance. plus 12 months that changed the world one year on from the launch of chatgpt, how is the boom in artificial intelligence transforming the way we do business? hello if you have just hello if you havejustjoined us, you are very welcome. i am sally bundock. i am sally bundock. we start in dubai, where, as you have been hearing, 167 world leaders and 70,000 delegates from business, charities and faith groups are gathering for the latest round of global climate talks, the conference of the parties or cop28. of the parties, or cop28. eight years ago, in paris, nearly 200 nations pledged to keep global warming well below two degrees centigrade above pre industrial levels, and try to limit it to 1.5 degrees. but a recent un report has confirmed the world is not acting fast enough to achieve the paris goals. there is added controversy, this time around, given the event is hosted by one of the world s to
is due to take place between the world s biggest oil producers and their allies collectively known as 0pec+, of which the host uae is a member. against that backdrop, i spoke earlier to david schlosberg, the director of the sydney environment institute, who remains sceptical about the outcome of this year s climate. i think there are two key problems politically, the first is the process by the fossil fuel industry, and the second is the process of all countries on any agreement. so, it means that petro states or those in the fossil fuel industry can object to the language and undermine and wield strong changes. forthis undermine and wield strong changes. for this first or the obvious point for a hosier of the head of a state oil company setting the agenda for a price or which for me is weird. he said it is good to have fossil fuel industry editable but they have always been there. some in the community want to be cautiously optimistic, i think i m just cautious, i would be