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Transcripts For BBCNEWS Asia 20240705



its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergra ....

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Transcripts For BBCNEWS Asia 20240705



the route that has really - the route that has really gathered steam over the past couple weeks, really a reflection of the fact that there is the unrelenting sentiment when it comes to challenge now chana. household businesses particularly in china and not feeling exuberant about the economic recovery. this latest measure is really a band aid solution rather than finding an actual solution to the problem. it s been more about the bigger problem. how deep into the problems 7 ? i think the property market is one that ? i think the property market is one that is ? i think the property market is one that is really ? i think the property market is one that is really front - ? i think the property market is one that is really front and | is one that is really front and centre, and what we see is that the correction in the market is manifesting in so many different areas of the economy, particularly private sector investments. we ve seen a rise investments. we ve see ....

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Transcripts For BBCNEWS Newsnight 20240705

this programme contains scenes of repetetive flashing images. the people of northern ireland should soon have their assembly back. but will the electorate ever forgive and forget two years of stagnation and delay? the westminister government and the dup agreed a deal which will get stormont up and running. but what toll has the last two years taken on people and their view of politicians? a moment of maximum opportunity, but also a moment of maximum dangerfor sirjeffrey donaldson. i have spent the day in his constituency. it should have been done a long time a-o. should have been done a long time ago there should have been done a long time ago. there was no government, nobody knew whether they were coming or going knew whether they were coming or going 00 knew whether they were coming or anoin. ,, knew whether they were coming or hoin. y., , knew whether they were coming or hoin. , ., going. do you believe northern ireland has going. do you believe northern ireland has ....

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Transcripts For BBCNEWS Asia 20240705



liquidation of the company. it basically means its assets will be seized, sold off, in order to repay some of its outstanding debt. in terms of the company public day to day operation including building homes in mainland china, it will probably stay the same for now. this ruling doesn t send a through the chinese financial market because of course for many decades a real the real estate sector has been one of the major drivers for china s economy growth. whether or not this liquidation process will be followed remains to be seen because despite the one country, two systems slogan, many experts that i ve spoken to have said that there are some thornyjurisdiction issues some thornyjurisdiction issues so whether or not the liquidation there liquidator that will be appointed by hong kong court, whether or not that person will be recognised by mainland china remains to be seen. of course a lot of ordinary chinese citizens have been, have invested in evergrande, haven t ha ....

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Transcripts For BBCNEWS World 20240705



cameron to get on that? i think the obvious question will be over- cameron to get on that? i think the obvious question will be over whatl obvious question will be over what the uk is doing to support ukraine militarily in the coming year. british gave ukraine £2.3 billion each year in military aid, but the current aid goes only up to april this year. the ukrainians have been asking the brits, when for you make commitments for next year so we can plan? the americans have political problems because congress is blocking aid. the europeans have problems because younger i think there will be some pressure from i think there will be some pressure from we i think there will be some pressure from mps. ., . ., ., ., from mps. how much are we going to commit from from mps. how much are we going to commit from april from mps. how much are we going to commit from april next from mps. how much are we going to commit from april next year? - from mps. how much are we going ....

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