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Transcripts For BBCNEWS Asia 20240704

let s take a look at what s happening and how serious the situation is. property is basically at the heart of everything. for 20 years it boomed, developers borrowed billions, families invested their savings in houses. but now it s in crisis. there are too many houses and not enough people wanting to buy them. it means prices are plummeting. that is basically the biggest reason why we haven t seen the post pandemic spending boom that so many had predicted in china. chinese would slash their savings, to consume like crazy, go to parties, and that hasn t happened. everybody is well aware that the financial wealth is concentrated in housing, it s being hammered. some economists are worried on a deeper level. for the past few decades china s astonishing growth has been powered mainly by building. factories, roads, bridges, houses, you name it, china needed to industrialise and it did. but there comes a point where there is only so much you can build before it starts becoming a wa

Economy
Us
China
Investors
Figures
Recession
Iam-marika
Marika-oi
Welcome-to-asia-business-report
Crisis
Country
Property

Transcripts For BBCNEWS Sportsday 20240704

five set win at a major. it s also stricker s maiden top 10 scalp, sending the australian open runner up tumbling out of the us open. tsisipas not blaming anyone else though. everything on court is under my control and under my talent and the way i can play this sport, i have shown that on the court. if i m not able to deliver then i am not supposed to be doing well, and that is what happened this summer. i was not good enough to deliver and score good results. world number one, novak djokovic has cruised into the thirs round of the us open with a straight sets win over spain s berna bay zapata miralles. djokovic efficient as always. the 23 time major winner only needed the one break in the first set, before cranking up the gears to take the second and third sets, 6 4, 6 1, 6 1. carlos alcaraz had a short start to the defence of his us open men s title, after german opponent dominik koepfer retired injured midway through their first round match. the 20 year old spaniard led 6

Place
Psv-eindhoven
Season
Champions-league
Series
T20
Victory
Trash-rangers
Dutch
New-zealand
England
Kiwis

Transcripts For BBCNEWS Asia 20240704

the property is basically at the heart of everything. for 20 years it boomed, developers borrowed billions, families invested their savings in houses. but now it s in crisis. there are too many houses in not enough people wanting to buy them. it means prices are plummeting. that is basically the biggest reason why we haven t seen the post pandemic a spending boom that so many had predicted in china. chinese would slash had predicted in china. chinese would slash their had predicted in china. chinese would slash their savings, - had predicted in china. chinese would slash their savings, to i would slash their savings, to consume like crazy, and hasn t happened for the everybody is well aware that the financial wealth, it s being hammered. some economists are worried on a deeper level. for the past few decades china s astonishing growth has been powered mainly by building. factories, roads, bridges, houses, you name it, china needed to industrialise and it did. but there co

Economy
China-s
Landing
Store
Welcome-to-asia-business-report
Crisis
One
Property
Countries
Worries
Default
Biggest-developers-country-garden

Transcripts For BBCNEWS Asia 20240704

happening and how serious the situation is. property is basically at the heart of everything. for 20 years it boomed, developers borrowed billions, families invested their savings in houses. but now it s in crisis. there are too many houses and not enough people wanting to buy them. it means prices are plummeting. that is basically the biggest reason why we haven t seen the post pandemic spending boom that so many had predicted in china. chinese would splash their savings, consume like crazy, go to parties, and come back, and that hasn t happened. everybody is well aware that their financial wealth is concentrated in housing, it s being hammered. some economists are worried on a deeper level. for the past few decades china s astonishing growth has been powered mainly by building. factories, roads, bridges, houses, you name it, china needed to industrialise and it did. but there comes a point where there is only so much you can build before it starts becoming a waste of money.

China
Welcome-to-asia-business-report
Mariko-oi
Economy
Crisis
Property
Country-garden
Developers
Country
One
Worries
6-7-billion

Ascension Parish Council turns down shelter land purchase in Gonzales, sends back to Animal Services Board

The Ascension Parish Council voted 7-4 to ask the Animal Services Board to continue searching for a location for a new animal shelter, declining a proposal to purchase land along North Burnside Avenu…

United-states
America
Michael-barnard
Dustin-clouatre
Ruth-phillips
Animal-services-board
Ascension-parish-council
Lamar-dixon-expo-center
Animal-services
North-burnside-avenue
Airline-highway
Cannon-road

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