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Transcripts For BBCNEWS Asia 20240704



alaska airlines boeing 737 max injanuary. the incident plunged boeing into a crisis, raising questions about its attitude to safety. now the boss, dave calhoun, says he s stepping down. he was appointed at a desperate time for the company. bad design and corporate failures had been blamed for two tragic accidents involving the 737 max in ethiopian and in indonesia in which 346 people died. mr calhoun promised change but critics say that hasn t happened. he had opportunities to make changes as a member of the board. certainly in a ceo position, it s been one failure after the other, so i can t say there s been really any successes under mr calhoun. humanitarian worker sam pegram died when the ethiopian plane crashed. not only does poor safety kill people but it s pretty damning for the share price and the careers of ceos as well, so, let s get somebody who can put focus where it matters and make planes safer for everybody. in a letter to workers, mr david calhoun sai ....

Company , Ceo , Boeing , Hello , Exit , Turbulence , Market , Chinese , Frontrunner , Vehicle , Pressure , Chief-executive

Transcripts For BBCNEWS Asia 20240704



a terrifying moment for passengers as a door flew off a brand new alaska airlines boeing 737 max eight january. the incident plunged boeing into a crisis, raising questions about its attitude to safety. now the boss, dave calhoon, says he is stepping down. he was appointed at a desperate time for the company. bad design and corporate failures had been blamed for two tragic accidents involving the 737 max, in ethiopian and in indonesia in which 346 people died. mr calhoon promised change but critics say that hasn t happened. yet opportunity that hasn t happened. yet opportunity to that hasn t happened. yet opportunity to make changes as member of the board. he had opportunities. it has been one failure after another so i can t say there has been any successes under dave calhoon. humanitarian worker sam pegram died when ethiopian plane crashed. ., ., , ., , crashed. not only does poor safety kill crashed. not only does poor safety kill people crashed. not only d ....

Company , Turbulence , Boeing , Exit , Ceo , Market , Frontrunner , Chinese , Vehicle , Hello , Us , Board

Transcripts For BBCNEWS Asia 20240704



prevent capital from some investing in high tech sector investing in high tech sector in china such as quantum computing, artificial intelligence and advanced semiconductors. the goal is to stop the speed up of technology that could help china develop weapons for use against america in a military context. we put also require firms to make arrangements to report activities. potentially laying the ground for more restrictions down the road. the regulations are not expected to take effect right away and there will be a period so businesses can weigh in on the proposal. china is the world s second biggest economy, a vital market for american companies and the concern expressed by some us executives may explain why this order has not been released until now even though expected back in february. a senior official described the move as targeted saying this is our national security action not an economic one and adding the us is not decoupling our economy. the move is likely t ....

Order , United-states , Investments , Sri-lanka , Economy , China-s , Tech-sector , Tourism-industry , Comeback , Welcome-to-asia-business-report , Story , Newsday

Transcripts For BBCNEWS World 20240704



china is experiencing a rare episode of sliding prices. japan s economy experienced this back in the 1990s and early 2000s. now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14% in the year tojuly, with imports also falling by more than 12% in the same period. joining me now is duncan wrigley, chief china economist at pantheon macroeconomics. thank you very much for being with us today. the rest of the world looking on in amazement. considering the inflationary pressures the rest of us are dealing with. what do you read between the lines in this latest data? between the lines in this latest data? . latest data? ok, i mean, there are some latest data? ok, i mean, there are some short-term latest data? ok, i mean, there are some short-term factors i are some short term factors that push down the data for this month, there has been a surge of seasonal ve ....

The-uk , Growth , Warnings , Two , Five , Central-bank , Tomato , Hit , 0nions-india , Food-prices , Impact , Rate-decision

Transcripts For BBCNEWS World 20240704



limiting investment by american companies in the chinese tech sector because of serious national security risks. it would require us firms to disclose investments in sensitive areas such as artificial intelligence and ban some investment altogether. beijing has reacted angrily saying it is gravely concerned about the order. a spokesperson for the chinese embassy in washington says the curbs seriously undermine the interests of chinese and american companies and investors. republicans have said they do not go far enough. this is a new front in the tech war between two global superpowers, the restrictions prevent american private equity and venture capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, artificial intelligence and advanced semiconductors. the goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a mili ....

Biden , Beijing , Investment , Republicans , China , Tech-war-news , Quantum-computer-sectors , Tech-war-president , Chip , Company , Tide , Chief-executive