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Transcripts For BBCNEWS Asia 20240705

can see from unemployment data and from depopulation and that is the way forward. of course, china will try to smooth this structured deceleration as much as possible. structured deceleration as much as possible- as possible. those population numbers and as possible. those population numbers and the as possible. those population i numbers and the unemployment numbers and the unemployment numbers which china s government has decided to release this time around, what long term impact of those figures likely to have on the economy? figures likely to have on the econom ? ~ , economy? well, the good news, to start with economy? well, the good news, to start with the economy? well, the good news, to start with the good economy? well, the good news, to start with the good news, - economy? well, the good news, to start with the good news, is l to start with the good news, is because china is still urban icing and moving population from rural areas to the cities, impact on

Transcripts For BBCNEWS Asia 20240705

regard, it s good news. but we need to put it in that context. 0bviously, china is facing a slowdown. what do you expect the government to do to try to boost the economy going forward? boost the economy going forward? ~ . ., forward? well, li keqiang made it very clear forward? well, li keqiang made it very clear that forward? well, li keqiang made it very clear that the forward? well, li keqiang made it very clear that the 5.2% - it very clear that the 5.2% growth was basically not by stimulus. as he said, china s good immune system. it is very clear that to reach anything similar, which i think is what the government is going to announce in the two sessions in march, they will need some stimulus. and we are already seeing additional issues for local governments and expectations of a cut in the ratio and monetary policy and stimulus, etc. some stimulus will come, but it will be limited. just to barely make it to 5% and possibly maybe even slightly below 5% next year. t

Transcripts For BBCNEWS Asia 20240705

spoken to an economist at the intelligence unit and asking how the results of the selection impacts of the island positive relationship with beijing. china is incredibly suspicious of its intentions in 11 this ties back to the past remarks. he is someone infamous in the fact that he has very vocally supportive of independence but it is also really important to mention that he has genuinely softened his stance in the past few years and on the campaign trail since he has served as vice president in taiwan he has really espouse more of a pro status quo position, the idea that he will inherit the foreign policy and domestic policy priorities of the outgoing president and really that suggest there is not going to be any radical change in these policy direction and we are not expecting them to follow anytime soon. that said, the big question here is a turn of a loop going to believe that. the policymakers in beijing are still incredibly wary of this intentions. they are also going

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