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Transcripts For BBCNEWS Asia 20240701



he s there for two days, and the visit is aimed at strengthening ties with its southern neighbour. china is already vietnam s biggest investor. this year, registered investment from mainland china and hong kong combined doubled to more than $8 billion. that s compared to 2022 when pandemic restrictions were still in place in china. but with the us pushing to grow its influence in the region, beijing is also clinging to deepen relations with hanoi even further. raji biswas from s&p global market intelligence describes what s at stake for both countries. i think it s very much reflecting the importance of vietnam for china economically and of course it s an important neighbour as well. so, the political relationship, i think that will be important in terms of president xi s visit to strengthen bilateral ties further. but also, vietnam has become increasingly important in its own right as an export market for china. it s now the fifth largest export market for china and it ....

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Transcripts For BBCNEWS Asia 20240701



covid-i9 that s compared to 2022 when covid i9 restrictions were still in place in china. and alice describes what s at stake for both countries. i alice describes what s at stake for both countries. for both countries. i think it s very for both countries. i think it s very much for both countries. i think it s very much reflecting i for both countries. i think. it s very much reflecting the importance of the naarm for china economically and of course it s an important neighbour as well. and so, the political relationship will be important in terms of the president strengthening bilateral ties further. and vietnam has become increasingly important in its own right as an export for china and is now the fifth largest export market for china and growing tremendously over the last 25 years as vietnam has become more important as a manufacturing hub for other countries. so enhancing economic ties is going to be very much the front and centre for xijinping s visit. the ....

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Transcripts For BBCNEWS Asia 20240701



victory is. this is a blow to google in terms victory is. this is a blow to google in terms of- victory is. this is a blow to | google in terms of fighting epic. this is really about ultimately developers and the ability that they are giving them to charge where they can t really go outside of the actual ecosystem of google. essentially, charging google as a monopoly here. that is what the court case was about. this is a loss, they will fight it, but it is definitely a gutter punch. but it is definitely a gutter unch. , . ., ., but it is definitely a gutter unch. ., ., but it is definitely a gutter unch. h. ., ., punch. epic also had a case auainst punch. epic also had a case against apple punch. epic also had a case against apple which - punch. epic also had a case against apple which they i punch. epic also had a case - against apple which they didn t win. why they managed win against google or alphabet but not against apple? are against google or alphabet but not ....

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Transcripts For BBCNEWS Asia 20240702



there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let s talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we ve seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is for the us dollar. both gold and crypto currencies is dominated by us dollars. when the dollar becomes weaker that is a tailwind for the causes. given that the market is now pricing in an increasingly probability of cuts are starting as early as april next year, the us dollar has been weakening versus both other currencies including gold and ....

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Transcripts For BBCNEWS Asia 20240702



has more on the story. the road here hasn t been easy. the last time elon musk took to the stage to promote the electric car company s cybertruck, its windows ended up being smashed. oh, man. four years later, as the company starts delivering the futuristic product. to buyers the problem has been fixed with customers there in person at the tesla factory in austin, texas, to collect their cybertruck s and elon musk put on a show to mark this historic moment. this video shows the cybertruck beating a port in a drag race a porsche in a drag race while towing a port. but tesla s entry into the lucrative us truck market is some two years behind schedule, at a time when high interest rates have dampened buyers ability to make new purchases. the cheapest model is $61,000. mr musk said the company has more than a million reservations and while the cybertruck isn t expected to turn a profit for several years to come, given the enormous challenges in actually making it, the launc ....

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