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Transcripts For BBCNEWS Asia 20240704

White house, that they are encouraging us businesses to help de risk from china, that they are encouraging us businesses limit investment in china, especially with industries touching on National Security concerns. Security concerns. One of the thins security concerns. One of the things china security concerns. One of the things china introduced security concerns. One of the things china introduced over| things china introduced over the weekend is Tax Incentives as well as help with visas, but will that work . I as well as help with visas, but will that work . Will that work . I dont think so, not will that work . I dont think so. Not right will that work . I dont think so, not right off will that work . I dont think so, not right off the will that work . I dont think so, not right off the bat. I will that work . I dont thinkl so, not right off the bat. The
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Transcripts For BBCNEWS Asia 20240704

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 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 attrac ....

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Transcripts For BBCNEWS Asia 20240704

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 Foreign Investment is beginning to slow down. The second thing is theyre saying the right things, that theyre providing ....

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Transcripts for BBCNEWS Asia Business Report 20240604 01:34:00

Well, china s economic misfortune is turning into an opportunity for some of its neighbours. a new report has revealed that india has just emerged as the second largest mobile producing nation in the world, and that s at least partially due to apple s shifting manufacturing away from china. our india business correspondent nikhil inamdar has more. well, a couple of major factors are driving this growth. one is the massive internal demand for phones as data becomes cheaper and disposable incomes rise. and second, of course, is a push by the indian government to increase local manufacturing through schemes that are incentivising companies to produce domestically. india s also been hiking import duties on fully built mobile phones in order to promote more local manufacturing ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

Complaints were filed by a group of organizations against the polo shirt maker. china has denied allegations that uighur minority inmates are being used as forced labour. well, china s economic misfortune is turning into an opportunity for some of its neighbors. a new report has revealed that india has just emerged as the second largest mobile producing nation in the world, and that s at least partially due to apple s shifting manufacturing away from china. our india business correspondent nikhil inamdar has more. well, a couple of major factors are driving this growth. one is the massive internal demand for phones as data becomes cheaper and disposable incomes rise. and second, of course, is a push by the indian government to increase local manufacturing through schemes that are incentivising companies to produce domestically. india s also been hiking import duties on fully built mobile phones in order to promote more local manufacturing and value addition. now, according to counterpo ....

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