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BBCNEWS BBC News June 4, 2024 03:08:00

Countries economically tied to china, and how do you just break off ties, you just cannot. the idea as may be de risking and diversifying supply chains and that is easier said than done. when it comes to russia, a lot of trade exposure for european countries so it is the compromises and marrying the compromises and marrying the intention is the compromises and marrying the intentions to economic reality, thatis intentions to economic reality, that is the challenge that these leaders that had to negotiate over the last few days. negotiate over the last few da s. . negotiate over the last few da 5. . . , negotiate over the last few da s. . , days. that was nick marsh in ja an, days. that was nick marsh in japan. nick. days. that was nick marsh in japan, nick, thank days. that was nick marsh in japan, nick, thank you - days. that was nick marsh in japan, nick, thank you a - days. that was nick marsh in japan, nick, thank you a lot. | live now to noah sneider, tokyo bureau ehief at th ....

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BBCNEWS BBC News June 4, 2024 22:07:00

G7 countries are unhappy about this and they have said they will try and work together to limit this. but you have to work within the economic reality, china is the second largest economy. the us once heavy curbs and investment in china. they have decided to move away from the idea of decoupling, to use the jargon, to break off trade entirely and move towards diversifying, which essentially means not depending so much on chinese supply chains and moving away from wholesale dependency on the chinese economy. that is a lot easier said than done, of course. china, for its part has come out with an angry response with what has been going on this week in hiroshima. they said it has been used as a chance to smear and attack china and it is a brazen interference in our internal full fires. it is a case of the war of ....

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FOXNEWS Fox News Live June 4, 2024 18:34:00

Their statement reads in part our policy approaches are not designed to harm china. nor do we seek to thwart china second amendment progress and about we are not the coupling are inwards but the same time we recognize economic resilience requires de- risking and diversifying for it will seek address the challenges posed by china s nonmarket policies and practices which distort the global economy. we will counter such as illegitimate technology transfer or data disclosure but let s bring enough boarding chang. he is a senior fellow at the gate stone institute also author of the great u.s. china tech war. in the coming collapse of china. so gordon, let s start here. how do you de- risk not decoupled from china? it is a fine line, arthel. de- risking is diversifying. that is happening already britt largely because companies have ....

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BBCNEWS World Business Report June 4, 2024 10:33:00

Countries. china is the eu s largest trade partner, so decoupling and completely breaking off, that is not really on the table. the word that a lot of people are using here is de risking, diversifying supply chains, being less dependent on china rather than breaking off ties completely. but again the wording of any joint completely. but again the wording of anyjoint communication is going to be interesting. we will have to see what kind of compromises come out of that. nick martin hiroshima where the g7 meeting is taking place. the uk prime minister rishi sunak has used the g7 summit as a platform to try and rebrand britain s microchip industry. the national semiconductor strategy will see up to a billion pounds invested over the next decade in infrastructure, research and security. some critics though are already branding the plan as inadequate. and that s because the likes of the us is investing $52 billion. the eu is spending 43 billion euros on their respective semiconductor indust ....

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