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Transcripts For BBCNEWS Asia 20240705

announcement, for example, the auto sector. volkswagen says that it auto sector. volkswagen says thatitis auto sector. volkswagen says that it is monitoring the situation and is ready to take measures together with its partners if necessary. these key metals are important research for automotive parts and pay a role in future autonomous cars. these two metals are also crucial to make semiconductors. taiwan s worlds largest contract chip maker says it doesn t expect any direct impact on its production. despite the statement, the shares plunged almost 3% in trading in taiwan, over concerns of intentions growing tensions, and the us secretary s visit to beijing. a top chinese trade adviser says that this is just the start, sending a not so subtle message to the americans just before the counterparts are sat down face to face in beijing for the first time since the covid pandemic. still staying on the topic of those rare earths export limits earlier i spoke with shihok ....

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Transcripts for BBCNEWS BBC News 20240604 04:12:00

This woman bought a flat here a couple of years ago, but her estate remains largely empty and its value has collapsed. translation: of course i m worried but what can i do? . everywhere there are shells of tower blocks which appear abandoned. this problem with the real estate supply and demand isn t limited to this area. it isn t even limited to this city. you can drive out of here for hours and you will find clusters of towers with unoccupied or unfinished apartments, many of their workers have stopped altogether and consider that the same thing is happening in province after province right across the country. in tsingtao, restrictions on the number of flats a person can buy have been used in an attempt to stimulate the market. a local real estate agent told us sales volumes have halved in recent years. translation: prices - are down because the market ....

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Transcripts for BBCNEWS Asia Business Report 20240604 23:36:00

This problem with the real estate supply and demand isn t limited to this area. it isn t even limited to this city. you can drive out of here for hours and you will find clusters of towers with unoccupied or unfinished apartments, many of their workers have stopped altogether and consider that the same thing is happening in province after province right across the country. in tsingtao, restrictions on the number of flats a person can buy have been used in an attempt to stimulate the market. a local real estate agent told us sales volumes have halved in recent years. translation: pricesj are down because the market is saturated. too many homes were built and it s hard to sell them. negative sentiment that also keeps spreading to the sprawling local port and therefore the world. reduced manufacturing and weak ....

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Transcripts for BBCNEWS Asia Business Report 20240604 23:39:00

Strike in 1997. it cost the company hundreds of millions of dollars. her him, this isn t just a height for fight for higher wages that ups. iterate just a height for fight for higher wages that ups. we want to win big. higher wages that ups. we want to win big. but higher wages that ups. we want to win big, but we higher wages that ups. we want to win big, but we are higher wages that ups. we want to win big, but we are winning i to win big, but we are winning for all those other workers that don t have a union, those amazon records being exploited. those walmart workers, all these megacorporations, they are throwaway jobs. these megacorporations, they are throwawayjobs. they don t give them good benefits, they are not giving them a proper salary. we are fighting for all of that. ,, , ., , of that. ups is that gets champion of that. ups is that gets champion company - of that. ups is that gets champion company in i of that. ups is that gets. champion company in the of th ....

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Transcripts for BBCNEWS BBC News at Ten 20240604 21:13:00

It s hard to find a job. all my classmates feel the same pressure. those who have jobs can be reluctant to spend big because they are nervous about their financial security. you can see why if you travel just a bit further east, to the outskirts of a much larger city, where a property explosion hasn t matched real demand from buyers or renters. this woman bought a flat here a couple of years ago, but her estate remains largely empty and its value has collapsed. translation: of course i m worried but what can i do? . everywhere there are shells of tower blocks which appear abandoned. this problem with the real estate supply and demand isn t limited to this area. it isn t even limited to this city. you can drive out of here for hours and you will find clusters of towers with unoccupied or unfinished apartments, many of their workers have stopped altogether and consider that the same thing is happening ....

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