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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

let's start in china, where the latest figures just released show the world's second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid—19 restrictions in december. they also follow the easing of a three—year crackdown on tech firms and property. lets get reaction from julian evans—pritchard, head of china economics at capital economics. this is better than expected. most people are saying we're looking at 4% growth, give us your take on this number? really the...

BBCNEWS World Business Report June 4, 2024 04:38:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:38:00

43 billion euros, effectively subsidies to encourage companies, european and american, and others, to manufacture their chips on european soil, to put it in context it is 43 billion in europe, and that is a reaction to the us chip act which subsidises their own domestic industry to the tune of $280 billion, and korea has a plan for the next decade to invest 450 billion. crosstalk. the eu, in a way is competing with giants. 0f with giants. of course, and we all are, and somewhere in the midst of this is the uk. let's talk about the companies that will benefit from the chip act. you will be the ...