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Transcripts For BBCNEWS Asia 20240705

important to mention that he has generally softened his stance in the last few years and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro status quo, the idea that he will inherit the foreign policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said the question here is that china will believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let s talk a little about trade and what the consecutive succession under the dpp could mean for trade with china. that is an interesting dynamic to look at because as strained as the relations are under the dpp, econom

Transcripts for BBCNEWS Asia Business Report 20240604 02:38:00

Government sent out Show Cause notices to nine such Offshore Firms asking them to talk about their registration and compliances and since last week first their websites were blocked and then they were removed from the Apple Store and now the Google Place Store has also remove these apps. Bloomberg quoted Industry Experts saying nearly 4 Billion worth of Crypto Currency assets have been traded on offshore platforms and that could be a bunch of money that is evading taxes on indian Soiland Money that is evading taxes on indian soil and that is the reason. Remember, the Indian Government has been increasing and tightening oversight of virtual digital assets. In 2022 they imposed heavy taxes on trading as well as profits on digital virtual Assets Post which many users moved away from local platforms which asked for more stringent know your Customer Guidelines to Offshore Firms like finance and

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