a very warm welcome to talking business weekly with me, aaron hazelhurst. let s go take a look at what s on the show. the big china challenge. a year since the covid 19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me how beijing struggles are affecting all of us around the world. and keeping the internet free and fair. the big boss of web browser firefox tells me how her foundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you arejoining me from around the world warm welcome. china, s second biggest economy a trouser united states and is more th
around the world and keeping the internet free and fair. the big boss of web browser, firefox, tells me how herfoundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. china it s the world s second biggest economy. it trails only the united states and is more than four times the size of the next on the list, japan. so what happens there certainly matters. but a year since the government abandoned coronavirus lockdowns, it s an economy that s still struggling. the challenges for president xi jinping s government include vast debts in the property market and local government, soaring youth unemployment, an ageing workforce and ongoing trade tensions with the united states. his government set a target of around 5% for economic growth this year. it was the lowest in decades, and some say that was deliberate, but it will
Environment, as well. A good day for small caps. Yields are down. Tech is up. The big names getting a nice lift. Speaking of, the mega caps it take us to our talk in the tape. Assessing apple. Once the biggest and most important stock in the market. Now this tells a very different story. The share is the worst performing in the group this year. Will tonight get the stock back on track . Let us ask our panel. And requisite Capitol Management and joe terranova. And they are both cnbc contributors. Great to see everybody here. And you get the ball first. What do you think about tonight . I will take the ball and run with it. I think a lot is priced into the stock. First if you look at the chart technically over the last one year. As joe can attest to perhaps lower lows and higher high prices. But i think that is going to continue to grow. There is low expectations. Im going to stick with tim cook. The bad news is priced in and the stock is trying to make a balance from the longterm suppor
the bbc reporter michelle fleury has more on the story. the road has not been easy. the last time elon musk took to the stage to promote the company s cyber truck, its windows ended up being smashed. four years later, as the company starts delivering the futuristic product to buyers, the problem has been fixed, with customers there in person at the tesla factory there in austin, texas, there to collect their cyber truck. elon musk put on a show to mark this historic moment. this video shows a cyber truck beating a porsche in a drag race while towing a porsche. but tesla s entry into the lucrative us stock market truck market is some two years behind schedule, at a time when high interest rates have dampened buyers ability to make new purchases. the cheapest model is $61,000. elon musk said the company has more thani million reservations and although the cyber truck is not expected to turn a profit for several years to come, given the enormous challenges in actually making