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Transcripts For BBCNEWS Asia 20240702

in a battle for global economic dominance, plenty of countries are paying close attention to what it might mean for them. widodo s indonesia is no exception. from jakarta our asia business correspondent nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. this was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the us. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master tree makers, japan. this train is notjust the testament to chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is but when s brand new office. the everything. this is but when s brand-new office. the president and i started ....

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Transcripts For BBCNEWS World 20240702

a couple of hours. inflation was 3.7% in the year to september which is the same rate clocked for august. this month the us central bank held its key interest rate at its current 22 year high as it seeks to curb price rises. last week, the ratings agency moody s lowered the outlook for the nation s credit rating to negative from stable, citing those higher interest rates not backed up by policies to reduce spending. the us treasury secretary janet yellen has pushed back here she is speaking at the apec summit. this is a decision that i disagree with. the american economy is fundamentally strong and treasury securities remain the world s pre eminent safe and liquid asset. we have enjoyed over the past several years a historically fast economic recovery from a deep recession, our unemployment rate is near historic lows, inflation has come down significantly and our economy grew by almost 5% in the third quarter. economy grew by almost 596 in the third quarter- th ....

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Transcripts For BBCNEWS Asia 20240702

widodo s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering. the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. presidentjoko and i started meeting when he was governor. the relationship goes back a long way. indonesia is wary of the chinese military power and when it comes to defence, it ....

Front Row Seat , United States , Dubai Airshow , Monica Miller , Asia Business Report , Presidentjoe Biden , San Francisco , Asia Pacific Economic Cooperation Summit , Joko Widodo , Nick Marsh , Our Asia Business Correspondent , Trading Partner , Once Upon A Time Indonesia , Train Makers , Notjust The Testament To Chinese Engineering , China Cannot , American Companies Including Boeing , Office Injakarta , Boeing Care , Learning Mandarin , Electric Vehicles , Car Dealer , American Brands , Bbc News , Southeast Asian , Anwar Ibrahim ,

Transcripts For BBCNEWS Asia 20240702

dominance, plenty of countries are paying close attention to what it might mean for them. widodo s indonesia is no exception. from jakarta our asia business correspondent nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. this was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the us. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. the president and i started meeting. the relationship goes back a long way. indonesia is wary of the ch ....

Front Row Seat , United States , Dubai Airshow , Asia Business Report , Monica Miller , Presidentjoe Biden , Asia Pacific Economic Cooperation Summit , Joko Widodo , San Francisco , Nick Marsh , Jakarta Our Asia , Trading Partner , Once Upon A Time Indonesia , Notjust The Testament To Chinese Engineering , Train Makers , North America , China Cannot , American Companies Including Boeing , Office Injakarta , Learning Mandarin , Electric Vehicles , Car Dealer , Bbc News , American Brands , Southeast Asian , Anwar Ibrahim ,

Transcripts For BBCNEWS Asia 20240702

are paying close attention to what it might mean for them. widodo s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports this is a country on the move. super high speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. presidentjoko and i started meeting when he was governor. the relationship goes back a long way. indonesia is wary of th ....

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