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Transcripts For BBCNEWS Asia 20240704

De risking strategy poses yet another threat to foreign businesses operating there. I think the biggest challenge right now is the clear message from the United States government coming right out of the white house that theyre encouraging us businesses to essentially what they call de risk from china, that theyre encouraging us businesses to limit investment in china, especially when it has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attrac ....

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Transcripts For BBCNEWS Asia 20240704

Has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attractive. And i think it shows us three major things. The first is that it demonstrates that china knows that its got a problem. Its economy is slowing. Its got a housing bubble, unemployment is particularly high and Foreign Investment is beginning to slow down. The second thing is theyre saying the right things, that theyre providing ....

Monica Miller , Youth Unemployment Figures , Central Bank , Highs Injune , Daniel Picard , International Trade , White House , United States Government , Tax Incentives , State Council , Housing Bubble , Intellectual Property Rights , Open For Business , Actions Haven T , Home Country , Ralph Lauren , Forced Labour , Polo Shirt , Nikhil Inamdar , Indian Government , Mobile Phones , Hiking Import Duties , Mobile Phone , Counterpoint Research , 2 Billion , Iphone Production ,

Transcripts for BBCNEWS Asia Business Report 20240604 01:40:00

Now that s more than double the $10 per share agreed with vinfast s spac partner black spade acquisition. it surged further during the session, ending at more than $37. the merger with the special purpose acquisition company gave vinfast a listing in the us market, where it s hoping to take on industry leader tesla with a $4 billion factory currently under construction in north carolina. totals are totals a re pa rt totals are part of a really important ecosystem. they are the natural fresh winds of the ocean. doing their bit to support sea turtles in the caribbean. the turtles are been affected by plastic. ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:36:00

With vinfast s spac partner black spade acquisition. it surged further during the session, ending at more than $37. the merger with the special purpose acquisition company gave vinfast a listing in the us market, where it s hoping to take on industry leader tesla with a $4 billion factory currently under construction in north carolina. well, a year ago today, president biden signed into law america s first serious attempt to tackle the climate crisis. a year ago today, president biden signed into law america s first serious attempt to tackle the climate crisis. but the move has ruffled feathers as it includes protectionist measures that might hurt europe s green industry. the bbc s michelle fleury has more. the name inflation reduction act is confusing, since most experts agree it has done little to lower inflationary pressures . so why is it called that? well, let s just say it fit the politics of the day. when it was signed into law a year ago today, prices were rising at their faste ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:35:00

Research, which has put out this report, nearly 2 billion made in india, mobile phone units were produced in the country between 2014 and 2022, and nearly all of the phones shipped or sold domestically were made locally, compared to just about 20% of them back in 2014. a lot of this growth in recent years is, of course, being driven by the likes of apple, which has been betting big in india as it diversifies supply chains away from china. it s already tripled its production from india in the last year and may move a quarter of iphone production to the country by 2025, according to the us. wall street bankjp morgan. the shares of vietnamese electric car maker vinfast has soared. the stock opened at $22. now that s more than double the $10 per share agreed ....

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