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Transcripts For BBCNEWS World 20240705



and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is th ....

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Transcripts For BBCNEWS Asia 20240705



sluggish exports and waning domestic demand are both weighing on the economy. those economic concerns are part of why chinese premier wang li is in germany. that s part of the reason he is in germany. frank laban explained the balancing act berlin has to tread. i think germany is trying to do what it can to enhance the economic relationship with china while still respecting the important political bond with the united states, and the crux of this is ukraine, where both germany and the us support ukraine pushing back russia, and china s on the other side of that, with a warm embrace of putin. ~ . ~ . , putin. what challenges will both countries putin. what challenges will both countries face - putin. what challenges will both countries face moving j both countries face moving forward economically? well, there is a forward economically? well, there is a question forward economically? well, there is a question for - forward economically? well, i there is a question f ....

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Transcripts For BBCNEWS Asia 20240706



about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that eit ....

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Transcripts For BBCNEWS Asia 20240706



more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which while still strong is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. so we re having some challenges with tha ....

Labour Day Break , Asia Business Report , Karishma Vaswani , Interest Rates , Stock Indexes , Credit Conditions , First Republic , Labour Market , Banking Crisis , Central Bank , Rate Hikes , New York , Michelle Fleury , Manufacturing Business , Roller Shades , Something Bill , Blanket Orders , Housing Market , Inflation Growth , Stability Concerns , Inflation Fight , Inflation Battle , Business Activity , Collision Course , Debt Ceiling , Bbc News ,

Transcripts For BBCNEWS Asia 20240706



about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that eit ....

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