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Transcripts For BBCNEWS World 20240702



the full effect of higher rates has yet to be felt but households and businesses are coping. for now. plus ripe for transformation. how developments in al are starting to bear fruit in the push for more sustainable agriculture. we are looking at the top business stories. we start in beijing where china s president, xijinping is hosting european union leaders for their first in person summit meeting since 2019. and there is one huge number that is looming over the talks. 400 billion euros. that s roughly the size of china s trade surplus with the eu the difference between what they sell to europe, and what europe sells to china. european commission president ursula von der leyen says it s because of china s unfair support for its industries which means its products are flooding global markets and threaten to undermine europe s industrial base. china says the complaint doesn t make sense when the eu stops it from buying certain sensitive technology such as advan ....

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Transcripts For BBCNEWS Asia 20240702



more resilient and people have thought, especially in items such as cars, tvs as well as electric machinery. those items are the largest value and have been importing very well. china s exporter asean also include continued to increase and that is behind a big backdrop of industrial allocation because many of the companies are starting to see the overseas market will probably be very different in a few years and they need to de risk from china. few years and they need to de-risk from china.- few years and they need to de-risk from china. there has been a lot de-risk from china. there has been a lot of de-risk from china. there has been a lot of concern - de-risk from china. there has l been a lot of concern expressed about the chinese economy in general, and as we look at the overarching picture, is reason to be a bit optimistic some encouraging indicators, or is it too early to say? demand remains low. remains low. china s main economic remains low. china s ma ....

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