a stark difference from antony blinken. she s back at her hotel and followed a dinner with the chinese central bank. this is the most busy day that the secretary had in beijing today which culminated with china s new vice-premier. it was supposed to last for three hours and went more than five hours. in the opening remarks, the secretary pointed to a record number of bilateral trade for the reason for not decoupling and added this. i also believe that the united states and china should seek a relationship of healthy economic competition that is not winner take all, but with a fair set of rules would benefit both. and the trade deficit heavily favors china. the readout from the secretary says that she raised concerns and it was a candid, constructed and comprehensive meeting. the new vice-premier took appointed approach in the beginning of the meeting and even mentioning quotes some airships happened causing difficulty in the relationship. authorized by president xi jinp
the cape of good hope. that s an extra 3,500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc s aaron heslehurst that these extra costs are already being passed on to consumers. it s one of the most important arteries of global trade and having to re route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more as we have to get back then into into normal. so you need to see, i think, a stronger mobilisation. the other thing is that the level of threat is actually evolving and so for the coalition that is trying to put in place this safe passage, they need to constantly reassess the level of protection. but for us, it is really important that this is being addressed with diligence and with a strong mobilisation of the international community so tha
previous predictions. it says the us economy is performing more resiliently than forecast and suggests the earlier than expected reopening of china after the worst of covid has boosted performance, but there is still a health warning that high inflation and interest rates will continue to weigh on global growth. here is the oecd s chief economist. global growth. here is the oecd s chief economist. some good news in the forecast chief economist. some good news in the forecast today, chief economist. some good news in the forecast today, the chief economist. some good news in the forecast today, the overall - the forecast today, the overall economy is improving. we expected it to moderate to 2.7% in 2023 and 2.4 in 2024, but it is low in terms of the growth we saw before the recent crises. a , the growth we saw before the recent crises. n, , ., the growth we saw before the recent crises. , ., , the growth we saw before the recent crises. , ., crises. many of the gloomy f
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 strength is all about the consumer centre, we saw the vigors beads on the retail sales numbers are more generally in qrs or the household savings rates, so households are feeling more comfortable, households are feeling more comfortable, spinning again, they have comfortable, spinning again, they have the comfortable, spinning again, they have the possibility - comfortable, spinning again, they ha
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