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Good morning. You have been crunching the numbers, they have just come out. They sound like they are doing very well. It does, doesnt it . They are benefiting from Rising Interest Rates all around the world, not just in the uk. Hsbc is a global buying and we have had Interest Rate rises everywhere, they have cashed in on back. Margin up by a0 basis points and revenues increased as a result. Cashed in on that. Most of the money they are making is in asia, i assume . Yes, pretty much. They are looking at good performances in commercial banking, transaction banking, things like that. Its looking pretty solid across the board. ,. , board. There was this whole roblem board. There was this whole problem with board. There was this whole problem with their board. There was this whole problem with their biggest l problem with their biggest shareholder in china wanting to split u ....
Solutions as opposed to a trade war kicking off? war kicking off? exactly. this tech war has war kicking off? exactly. this tech war has led war kicking off? exactly. this tech war has led to war kicking off? exactly. this tech war has led to the - tech war has led to the globalisation of supply chains, and national security it is more of a race of national security. i would say definitely this will start fresh dialogues and bring all the parties to the table. because going back to the drawing board and setting up new policies and also processes to diversify the supply chain cannot happen overnight. there has to be some solution where both the parties and the entire global economy is not at risk. good to talk to you, thank you. let s see how the asian markets are faring today. ....
Afghanistan. anyway, we are to real to a trillion dollars in the hold and we don t want to talk about it but that is eroding our economic strength and it is doing so every day. we have to think before we spend. not spend and do a review how we spent it months or years later. we do not need trillions more in debt. joining me now former deputy assistant and secretary of defense, author of the strategy of denial kate stone, the tech war. eldridge, when i think back in 1991 a long time ago and in other ways it felt like yesterday but we won the cold war. and when they on to embolden, enrich, and empower a much bigger adversary and potentially much more powerful adversary than the former soviet union. your reaction tonight. i think you are right, laura, ....
Coronavirus pandemic. economists point out that second quarter growth is being fueled by primarily two things, strong exports as well as a strong revival in the services sector inside china, but they also point out this that the chinese economic growth story is slowing down. take a listen. i think really the story here is that actually because the chinese economy recovered very rapidly from the covid-19 downturn, it is basically fully recovered. in fact it is above it pre-virus trend. but there is just a lot less room for it to continue to grow rapidly so it is hitting against those constraints and that is why we re starting to see the growth rates weaken quite considerably. china s economic growth is facing a number of speed bumps including surging commodity prices, supply chain disruption, tension with the united states. the trade war, the tech war, sanctions on chinese companies, as well as covid-19. there have been a number of ....
Technology to get there. the chinese president xi jinpinging is investing heavily in artificial intelligence from driverless cars to robot workers trying to challenge the u.s. with a tech revolution and using artificial intelligence to build the ultimate surveillance state. richard engel traveled across china getting a look at the good, bad and ugly of the tech war. reporter: i ve been coming to china for years. and with each trip, i m astonished how quickly it s changing. not long ago, they had no subways. now, you buy your ticket with your phone. the mobile internet everything here. and it s everywhere. cheap smartphones, super fast internet speeds mean this is now a connected nation. but there is also a dark side to all this technology. while it makes it easy for people to navigate their way through china s smalling ....