the full effect of higher rates has yet to be felt but households and businesses are coping. for now. plus ripe for transformation. how developments in al are starting to bear fruit in the push for more sustainable agriculture. we are looking at the top business stories. we start in beijing where china s president, xijinping is hosting european union leaders for their first in person summit meeting since 2019. and there is one huge number that is looming over the talks. 400 billion euros. that s roughly the size of china s trade surplus with the eu the difference between what they sell to europe, and what europe sells to china. european commission president ursula von der leyen says it s because of china s unfair support for its industries which means its products are flooding global markets and threaten to undermine europe s industrial base. china says the complaint doesn t make sense when the eu stops it from buying certain sensitive technology such as advanced ch
more resilient and people have thought, especially in items such as cars, tvs as well as electric machinery. those items are the largest value and have been importing very well. china s exporter asean also include continued to increase and that is behind a big backdrop of industrial allocation because many of the companies are starting to see the overseas market will probably be very different in a few years and they need to de risk from china. few years and they need to de-risk from china.- few years and they need to de-risk from china. there has been a lot de-risk from china. there has been a lot of de-risk from china. there has been a lot of concern - de-risk from china. there has l been a lot of concern expressed about the chinese economy in general, and as we look at the overarching picture, is reason to be a bit optimistic some encouraging indicators, or is it too early to say? demand remains low. remains low. china s main economic remains low. china s main eco
to save the planet. and taking the battle for a cleaner climate into outer space. can the final frontier help us breathe easier down here on earth? wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, the climate emergency, it s not new. but as global leaders gather for this year s united nations climate change conference or known as cop 28, it s in dubai. we wanted to see how business and innovators are tackling the climate emergency. so we ve sent our crews and reporters around the world to find the cutting edge technology that could literally save the planet. we begin on a set of islands off the far north of scotland where theo leggett is exploring under the sea. bleak but beautiful. this is the pentland firth, the channel that runs between the north coast of scotland and the orkney islands. it s an area well known for vicious winds and ripping tides and that makes it the perfect location for developing new form
that runs between the north coast of scotland and the oakney islands. it s an area well known for vicious winds and ripping tides. and that makes it the perfect location for developing new forms of clean energy. this narrow strip of water experiences tremendous title forces every single day, in fact they are some of the fastest tides in the world, and that means that there a tremendous reserve of energy if you can tap into it. and that s what s going on just over there, off the island of stroma. beneath the surface, are for gigantic turbines are four gigantic turbines which are generating electricity, right here. the power generated in the murky waters of the first by the power generated in the murky waters of the firth by these vast turbines is already being sold to the national grid. the past five years has been spent testing the technology, and the company behind them says it s ready for a major expansion. so fraser, tell me what we ve got here. we have a 150 tonne, 1.5 mw