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Transcripts For BBCNEWS Asia Business Report 20240706



hi there. welcome to asia business report with me, mariko oi. as we told you on newsday, the united states so there was a more constructive economic relationship with china. the comments were made in a speech by the country s treasury secretary, janet yellen. it comes at a time when diplomatic and economic relations between the us and china are increasingly fraught. the bbc s north america business correspondent samira hussain has more. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. since then, not only have trade relations, but diplomatic relations between the two countries have deteriorated. but in a speech at an american university, us treasury secretary janet yellen was emphasizing the need for a more constructive relationship with china. we seek a healthy economic relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules i ....

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Transcripts For BBCNEWS Asia Business Report 20240706



treasury secretary, janet yellen. it comes at a time when diplomatic and economic relations between the us and china are increasingly fraught. the bbc s north america business correspondent samira hussain has more. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. since then, not only have trade relations, but diplomatic relations between the two countries have deteriorated. but in a speech at an american university, us treasury secretary janet yellen was emphasizing the need for a more constructive relationship with china. we seek a healthy economic relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules is good for the united states and the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic competition where both sides benefit is only sustainable if this competition is fair. ....

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Transcripts For BBCNEWS World Business Report 20240706



a family run fragrance firm has won a king s award for enterprise after growing exports 500%. we ll speak to the boss. could an easing of tensions between the world s economic superpowers be on the way? in a major speech in washington on thursday, us treasury secretary janet yellen has called for a constructive and fair relationship with china, saying a decoupling of their economies would be disastrous for both sides. secretary yellen also said she plans to visit china for talks. us china relations are in their worst state in decades with the biden administraton enforcing a strict export ban on advanced technology to china, which accuses washington of trying to stifle its modernisation. from new york, our correspondent samira hussain reports. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. they not only have trade relations but diplomatic relations but diplomatic relations between the two countries ....

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Transcripts For BBCNEWS Asia Business Report 20240706



secretary. it comes in a time where diplomatic and economic relations between the us and china are increasingly fraught. bbc north america correspondent has more. it has been five years since the us opposed terrorists on billions of dollars of goods coming in from china. imposed. since that not only have trade relations but also diplomatic relationships between the two countries have deteriorated. but in a speech at american university us treasury secretary was emphasising the need for a more constructive relationship with china. we seek a relationship with china. - seek a healthy economic relationship with china. one that fosters growth and innovation in both countries. a growing china in place with international rules is good for the us in the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic sphere. but healthy economic competition where both sides benefit is only sustainable if the competition is fair. , ., , ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:32:00

Relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules is good for the united states and the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic competition where both sides benefit is only sustainable if this competition is fair. but the points of contention between the two countries are big. the sharing of american technology has raised national security and foreign policy concerns. china says the us is trying to gain an economic advantage. then there are the geopolitical run ins, whether it be the us relationship with taiwan or even china s close relationship with russia. that was samira hussain reporting there. and as she mentioned, ms yellen s remarks comes against a backdrop of strained ties between washington and beijing. ....

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