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BBCNEWS World Business Report July 6, 2024

lets start with china, because its currently holding its annual two—day national peoples congress and has set out its economic forecast for the year. premier li keqiang told a packed audience in beijing on sunday, that the government hoped to achieve economic growth of around 5% in 2023. the figure is in—line with most analyst predictions. last year, successive strict lockdowns slowed chinas growth. official figures show the worlds second largest economy grew by 3% last year, which...
Bbc News Swapping China Business Headlines Around The World Hiring Spree Southern India

BBCNEWS World Business Report June 4, 2024 05:35:00

Companies.— companies. louise, we appreciate _ companies. louise, we appreciate your - companies. louise, we appreciate your time. i staying with china, one company potentially looking to move some of its operations out of the country is foxconn. according to various reports, the taiwanese firm — which makes apples iphones — is considering moving some of its production to india. on friday, the southern indian state of karnataka said foxconn had announced a major deal there, which could gen...
Monopolistic Tech Companies Swapping China Louise Loo On Friday Southern India Southern Indian State

BBCNEWS World Business Report June 4, 2024 05:34:00

Ends. but it is pointing towards the fact we might see more in the financial system and further consolidation in different ministries as well as some of these top government, allies of president —— president xi. allies of president -- president xi.- allies of president -- president xi. ~ . ., ., , president xi. we have already seen strict — president xi. we have already seen strict controls _ president xi. we have already seen strict controls of - president xi. we have already seen strict ...
Indian Government Swapping China President Xi Doesn T Tech Sector Monopolistic Tech Companies

BBCNEWS World Business Report June 4, 2024 05:48:00

Product needs to assist chinese with its intelligence. so it is no surprise to ban tiktok and the house foreign affairs committee last week voted for a bill to allow the us president to ban tiktok that bill is yet to ban tiktok that bill is yet to go towards a full house —— in front of a full house and the senate and the white house told federal agencies that they need to ensure that tiktok is removed from phones or government devices within 30 days. this momentum against tiktok is growing n...
Swapping China House Foreign Affairs Committee Indian Government American Tiktok White House Ban Tiktok

BBCNEWS World Business Report June 4, 2024 05:38:00

Another example of what the state is going to capitalise on. it is also a state that is going to elections so that is why we have seen chatter from politicians talking but this $100,000 job creation that make 100,000 job creations. all of these factors need to be considered when we are talking about this kind of project but yes, the fact is land has been earmarked for this particular project and foxconn which manufactures indias iphones in the southern state is also looking to increase its footp...
Job Creation Job Creations Southern India Market Share Indian Government Monopolistic Tech Companies

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BBCNEWS World Business Report June 4, 2024 05:32:00

The government target of five and a half % and its slowest for decades. lets discuss this with louise loo, senior economist at oxford economics. theres widely expected to be a big shakeup in the team handling the economy. around 5%, it probably implies that growth as low as 4.5% is probably acceptable to the government and we do think that means the policy matters that we see will be a little bit more than what we expect last year. more than what we expect last ear. �* , , , �* year. but thi...
Indian Government Louise Loo Senior Economist Oxford Economics 4 5 Swapping China

BBCNEWS World Business Report June 4, 2024 05:52:00

Priorfive year period are much higher than in the prior five year period if you look back, the reality is that there are still those there that could result in a rising demand, we have not completely weaned ourselves off russian gas. on the factor of china which could also result in competitive demand for energy sources. if competitive demand for energy sources. ., ., ~ competitive demand for energy sources. ., , sources. if we look at why the institute for _ sources. if we look at why the insti...
Swapping China Energy Sources Indian Government You Energy Institute For Fiscal Studies China Won T

BBCNEWS World Business Report June 4, 2024 05:46:00

This is bbc world news, the latest headlines: a bbc investigation uncovers evidence that twitter is no longer able to protect users from trolling — following changes under elon musk. there have been clashes between greek police and protesters — angry at last week�*s fatal train crash. the prime minister has asked for forgiveness. now the trade war between the us and china is still brewing, with washington ramping up the pressure on a number of chinese tech giants. two us senators have anno...
Bbc World News Bbc News Elon Musk Train Crash Swapping China Prime Minister

BBCNEWS World Business Report June 4, 2024 05:33:00

And what that means domestically for china is that in the past, as you said, we have enjoyed growth in the double digits and a lot of that is driven by investment and export and going forward it wouldnt be as much of a growth driver for china wouldnt be as much of a growth driverfor china anymore wouldnt be as much of a growth driver for china anymore so what that means is that china will have to find its own new growth drivers going forward. and hopefully that come from consumption which is whe...
Swapping China Wouldn T Growth Driver Indian Government Growth Drivers Growth Transition Model

BBCNEWS World Business Report June 4, 2024 05:56:00

Too perturbed by the news from china about gdp target for this year. you are now up—to—date on all things business news and sport and i will see you soon. hello. after a grey weekend, more of you will see a little bit of sunshine in the days ahead, but it�*ll come at a price — it�*s going to turn much colder out there and, for some, distinctly wintry. risk of some disruptive snowfall across north and east of scotland on monday and by tuesday, that extends into the north—east of engla...
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