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Transcripts For BBCNEWS World 20240705

seeking a winner take all competition and that both countries should not let any disagreement hurt economic ties. tensions have flared over washington s efforts to limit chinese access to advanced computer chips. just this week, beijing tightened export restrictions on two rare minerals both used in the chip industry, but speaking earlier today janet yellen insisted the two economies must remain closely interlinked. i ve made clear that the united states does not seek a wholesale separation of our economies. we seek to diversify and not to decouple. a decoupling of the world s two largest economies would be destabilizing for the global economy, and it would be virtually impossible to undertake. i also made clear that actions we take to protect our national security are designed to be narrowly targeted and that they are premised on straightforward national security considerations, they re are not undertaken to gain economic advantage over china. we are joinded now by alici

Transcripts for BBCNEWS World Business Report 20240604 10:32:00

we take to protect our national security are designed to be narrowly targeted and that they are premised on straightforward national security considerations, they re are not undertaken to gain economic advantage over china. we are joinded now by alicia garcia herero, chief economist for asia pacific at natixis. good to see you. so, she is set in time, talking to the premiere right now, but you tell me, not a lot of really it s expected from this, but just a fact they are talking is the important thing. important thing. indeed. ithink janet important thing. indeed. i think janet yellen s important thing. indeed. i think janet yellen s visit important thing. indeed. i think janet yellen s visit should - important thing. indeed. i think janet yellen s visit should be i janet yellen s visit should be welcomed by the whole world, and china. it is more about the us trying to understand first, what is

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