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BBCNEWS World July 5, 2024



crash hitting demand for goods and pushing down prices. joining me now is mark williams chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let s start with. the weeks ahead is yellow let s start with. the weeks ahead of is yellow let s start with. tue: weeks ahead of chinese is yellow let s start with. tte: weeks ahead of chinese new is yellow let s start with. he weeks ahead of chinese new year, is yellow let s start with. me: weeks ahead of chinese new year, we often see quite big changes in prices in china. that s probably tucked down the date forjanuary a little bit but the big picture is that china has been in deflation for a while. that is pointing to widespread weakness in the economy. there is a lack of confidence there and it is notjust consumer prices that have been falling, we have ....

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BBCNEWS Asia July 5, 2024



a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. if you looked up disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team. the surge in tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across. most of the job cuts are in the rear review mirror, i think, but it shows we re in a fork in the road period in tech where the strong are getting stronger. how does ai play into that fork in the road? ai is ....

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FOXNEWSW Lawrence July 5, 2024

Who may have targeted her, the defaulting county medical etc. Hundred she was 31 year olds, keisha brule, Social Media Influence are from bionic, and she was taken an uber ride on 4 30 a. M. Was a block away from her home when another car drove up and started to shoot into the suv and witnesses describe what quote sounded like a war going on outside, and really was hit several times and her uber driver quickly dialed 911. Somebody any help and am scared somebodys shooting. [inaudible]. And 70 shots shot us. And you have been shot. No, i dont think i am shot with somebody in my customer is shot. Br. Ashley another 91 call notie the car had been stopped for a long period of time and that reaching the destination Atlanta Police together multiple Shell Casings said that there couldve been multiple shooters involved. A ....

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BBCNEWS Asia July 5, 2024



the 528 employees who were sacked join a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to tech sector expert, dan ives, who told me snap s quarterly results look rather bleak. if you looked up disaster in the dictionary, you d see snap s earnings. and this just continues to be the trouble. they re on the outside looking in another black eye quarter for snap, especially this the advertising team. the surge in tech lay offs in 2024 would suggest that there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger. the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across path. i think most of these job cuts are in the rear review mirror, but itjust shows we re going into a fork in the road period for tec ....

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BBCNEWS Asia July 5, 2024



some trading restrictions put on the market three days ago. we had a situation already where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. days of holidays coming up after tomorrow. , ., ., after tomorrow. yes. so what do ou think after tomorrow. yes. so what do you think the after tomorrow. yes. so what do you think the reaction after tomorrow. yes. so what do you think the reaction from - after tomorrow. yes. so what do you think the reaction from the l you think the reaction from the chinese government is going to be then to these numbers that are worst than expected? i think because of the holiday period, they may be buying themselves a few days to think about what ....

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