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BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

De risking strategy poses yet another threat to foreign businesses operating there. I think the biggest challenge right now is the clear message from the United States government coming right out of the white house that theyre encouraging us businesses to essentially what they call de risk from china, that theyre encouraging us businesses to limit investment in china, especially when it has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to ...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Has to do with industries that touch on National Security concerns. One of the things that china had introduced over the weekend, theyre offering Tax Incentives as well as help with visas. But is that going to work . I dont think so. Not right off the bat. And i think the State Council recently issued some guidelines in an attempt to essentially make investments in china more attractive. And i think it shows us three major things. The first is that it demonstrates that china knows that its got a problem. Its economy is slowing. Its got a housing bubble, unemployment is particularly high and Fo...

BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perh...

BBCNEWS Asia Business Report June 4, 2024 00:40:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:40:00

America, japan. but shopping on savile row is not for the faint—hearted. a 2—piece suit from one of those tailors can cost upwards of $8,000. but both tailors insist that a handmade savile row suit is an investment for the future and that cost per wear can be even lower than that for a ready—to—wear one. 0ur suits are built to last. if they're looked after over the course of their lifetime, they can last 20—30 years. they can be adjusted if weight is lost or weight is gained and if required with with some families, they can be passed on to the next generation. so maybe, just maybe, o...

BBCNEWS Asia Business Report June 4, 2024 01:39:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:39:00

But nevertheless, they're being cautious of what they're buying. big part of the business now, i would say, is about 70% is overseas market with a 30% uk market. it does change a little bit from year on. but, you know, the biggest part of that 70 is going to be america, japan. but shopping on savile row is not for the faint—hearted. a 2—piece suit from one of those tailors can cost upwards of $8,000. but both tailors insist that a handmade savile row suit is an investment for the future and that cost per wear can be even lower than that for a ready—to—wear one. 0ur suits are built to l...