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Transcripts For BBCNEWS Asia 20240705

messaging from beijing. it clearly signals that china is prepared to push back against any action that would be taken by the united states. it is hardly the rolling out the red carpet but i do want to point out that the value in this dialogue is that the two countries are actually meeting and that we will see more continued dialogue from the two sides. ., , , ~ continued dialogue from the two sides. ., i, ~ continued dialogue from the two sides. ., , , ~ , sides. anthony blinker was ust there last month i sides. anthony blinker was ust there last month and it i sides. anthony blinker was just there last month and it cannot| there last month and it cannot be a bad thing that they are now talking about. despite the tensions, trade has been growing so they both need each other. . . , growing so they both need each other. . ., , ., , other. china really does need the united other. china really does need the united states other. china really does need the united states

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Transcripts For BBCNEWS World 20240705

seeking a winner take all competition and that both countries should not let any disagreement hurt economic ties. tensions have flared over washington s efforts to limit chinese access to advanced computer chips. just this week, beijing tightened export restrictions on two rare minerals both used in the chip industry, but speaking earlier today janet yellen insisted the two economies must remain closely interlinked. i ve made clear that the united states does not seek a wholesale separation of our economies. we seek to diversify and not to decouple. a decoupling of the world s two largest economies would be destabilizing for the global economy, and it would be virtually impossible to undertake. i also made clear that actions we take to protect our national security are designed to be narrowly targeted and that they are premised on straightforward national security considerations, they re are not undertaken to gain economic advantage over china. we are joinded now by alici

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Transcripts For BBCNEWS Asia 20240705

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 tsmc, the world s 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 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. the visit by secretary yellen also comes at a time when the chinese economy looks to revitalise. that experience supposed covid rebound in the first quarter of the year the latest data has shown signs of stephen mcdonald reports. street food seen in china appears to show an economy rebounding strongl

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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 shihoko goto

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Transcripts For BBCNEWS Talking 20240705

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending h

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