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tv   Asia Business Report  BBC News  January 15, 2024 12:30am-12:46am GMT

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two former us official are visiting taipei for post election talks which underscores washington's "longstanding interest" in peace across the taiwan strait. however, china views him as a dangerous separatist and warned any move towards independence will be severely punished. the taiwanese president has to deal with a complex treating environment but it also includes the self ruled the island as part of its own territory. for clues on how the new taiwanese government pans out, my colleague steve has
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spoken to an economist at the intelligence unit and asking how the results of the selection impacts of the island positive relationship with beijing. china is incredibly suspicious of its intentions in 11 this ties back to the past remarks. he is someone infamous in the fact that he has very vocally supportive of independence but it is also really important to mention that he has genuinely softened his stance in the past few years and on the campaign trail since he has served as vice president in taiwan he has really espouse more of a pro—status quo position, the idea that he will inherit the foreign policy and domestic policy priorities of the outgoing president and really that suggest there is not going to be any radical change in these policy direction and we are not expecting them to follow anytime soon. that said, the big question here is a turn of a loop going to believe that. the policymakers in beijing are still incredibly wary of this intentions. they
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are also going to be smarting from the fact that this is the third consecutive victory by the democratic progressive party and so looking forward, i think we can expect a lot of anxiety moving through the next few months or even years. you mention the — few months or even years. you mention the chinese _ few months or even years. you mention the chinese name of william — mention the chinese name of william lai, president elect lai, — william lai, president elect lai, let's_ william lai, president elect lai, let's talk about the trade and the — lai, let's talk about the trade and the consecutive concession of the — and the consecutive concession of the democratic progressive party — of the democratic progressive party for _ of the democratic progressive party for china. it of the democratic progressive party for china-— party for china. it is interesting - party for china. it is interesting to - party for china. it is interesting to look. party for china. it is l interesting to look at party for china. it is - interesting to look at because as strained as the relations are economics are still heavily intertwined. as he mentioned china is the most export market for and in terms of supply chains and investments that are really, really tight and that is persisted despite the fact that the dpp has been in government since 2016. we have seen moves to try and diversify in the away from china toward the south east each and other
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western economies, but in reality these moves have been really difficult to implement. china isjust really difficult to implement. china is just incredibly important centre of gravity for trade and economic activity for the region and that is true for taiwan. as we look as policy proposals moving forward, he spoke with to provoke this diversification was but in general is going to be tough to bring that aligns with. we think about the reaction of china for the electoral directive it's one thing they're worried about is what potential retaliation might look like from the economic sphere. sceptical of the economic cooperation framework agreement between the two sides there is a potential that china could seek to tweak that agreement. we've already seen some economic pressure tactics in terms of ending tariff exceptions for taiwanese products. so there are moves there in the policy to look at it that we could see manifest but when we zoom out and look at the nature of companies with sophisticated taiwanese electronic components, sending conductors, something china is
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relying upon so that means the situation here is very complicated and relieve the room for manoeuvre in china in terms of damaging measures for the timing economy those are relatively constrained. let's turn now to the red sea where tensions continue to escalate. the us and uk led strikes on mainland yemen last week against the houthi movement, after the armed group launched several attacks against commercial ships. this was in response to the conflict in gaza. around 15% of global trade passes through the red sea, which is connected to the suez canal. deborah elms from trade advisory group hinrich foundation who is watching the developments closely. i think the real challenge if you are a commercial shipping agency is trying to navigate what is an incredibly fast—moving set of risks which
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is normally in this world we have challenge course but most of those challenges can be seen ahead of time and you can at least try to calculate where the risks are. but when you are having strikes and missiles locked in the direction of shipping, it is hard to say whether your ship will get through safely or you will have a real problem on your hands. the trade in that region accounts for 15% of global trade, is it unusualfor two sovereign nations to use these kinds of attacks to protect commercial interests? i5 kinds of attacks to protect commercial interests? is a bit unusual although _ commercial interests? is a bit unusual although it _ commercial interests? is a bit unusual although it is - commercial interests? is a bit unusual although it is not - unusual although it is not unprecedented. there are number of points particularly for shipping where there it makes a juicy target if you have intentions of making money off of seizing ships so seeing that, what is unusual this time is the intensity of the
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weaponry being used and the likelihood of escalation. it is a real threat and challenge. looking at the asia region in the impact here, we obviously have just had the taiwan election and we will have to see what happens with these semiconductor ecosystem but what impact do you see in the region, the attacks in the red sea. it region, the attacks in the red sea. , ., , region, the attacks in the red sea. ,,,,_, ., sea. it will probably be more obvious in — sea. it will probably be more obvious in each _ sea. it will probably be more obvious in each of— sea. it will probably be more obvious in each of the - sea. it will probably be more obvious in each of the end i sea. it will probably be more | obvious in each of the end you are but one of the challenges committees are facing is that if you use the suez canal and to the red sea route you have to the red sea route you have to go all the way around the continent and that adds 1a days or more to the shipping route and an enormous amount of cost. so you will start to see increasing costs for companies ultimately passed on consumers for a wide variety of products that normally transit through the suez canal.— the suez canal. what is the next step. _
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the suez canal. what is the next step, what _ the suez canal. what is the next step, what do - the suez canal. what is the next step, what do you - the suez canal. what is the i next step, what do you expect policymakers and business leaders asking for going forward? i leaders asking for going forward?— leaders asking for going forward? ~ , ., leaders asking for going forward? ~' , ., ., forward? i think they are going to ask for _ forward? i think they are going to ask for a _ forward? i think they are going to ask for a diffusion _ forward? i think they are going to ask for a diffusion of - to ask for a diffusion of tensions. can we please stop attacks in both directions, but i think this is challenging because it is a little unclear what the goals are. at the moment the houthis are saying it is about gaza. it is unclear how quickly the the situation will stabilise so i think if you are a firm, you are grappling with a long—term uncertainty about whether or not this route through the red sea is going to be viable. marie kondo is one of the most well known japanese business women around the world, and has inspired millions for her method of organising. my colleague sally bundock spoke to her and asked her how her konmarie method works. translation: the konmarie method helps _ translation: the konmarie method helps hone _ translation: the konmarie method helps hone your- method helps hone your sentences in this idea of identifying what sparks troy
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and the process of repeatedly identifying what sparks joy in your life and helps you better understand your own set of values and worldview. therefore in the process of tightening up your entire home you are able to understand and clear not just your house, but your mind and your heart in some ways. so this extends to more than just your environment and your space and is really about the human connections you have in your life as well as your relationship that you have with work. so understanding all of this it empowers most people to be able to choose the lifestyle that sparks the mostjoy in them. in that sparks the most 'oy in them. �* . that sparks the most 'oy in them. ., them. in japan the government once over _ them. in japan the government once over 3096 _ them. in japan the government once over 3096 of _ them. in japan the government once over 3096 of the _ them. in japan the governmentl once over 3096 of the executives once over 30% of the executives at major firms to be women by 2030. do you think they will reach that goal? translation: ., .,
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translation: to your point, one ofthe translation: to your point, one of the first — translation: to your point, one of the first and _ translation: to your point, one of the first and foremost - translation: to your point, one of the first and foremost steps - of the first and foremost steps that needs to happen is the japanese government needs to make this movement be known and help broadcast and make it a public statement. so that is the fact in the news already, being achieved, they are in the process of doing that certainly. having the support system in place for more female executives to be able to balance their lifestyles with managing a home with a child—bearing component of course, it generally would interrupt their career path to have this massive life change in their life so that her daycare system, perhaps or ways to help counter this interruption of their career path and help them integrate into the workforce i think is going to be key in enabling and empowering more female entrepreneurs and executives. also i think it is important
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forfemale also i think it is important for female entrepreneurs to support each other which is why even here at konmarie, our company, there are a lot of very productive and able female workers that we have on staff but in addition, we encourage people to find that balance between work life and home life and find what sparks joy and thatis and find what sparks joy and that is the type of organisation we are trying to create. and that's it for this edition of asia business report. thanks for watching. bbc news bringing you different stories from across the uk. - sophia duarte should have turned 23 today, but she died a year ago when a bike that had been converted into an e—bike caught fire. her mum and herfriend aldar have set up a petition calling for urgent action from the government to bring in regulations on e—bikes and
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e—scooters and the batteries and chargers sold with them. if we can change the law, it means that her death was not in vain, because at the moment that's how we feel. every person that dies because of a e—bike fire, it's like we have to live the nightmare we felt at that time. the owner of this bike escaped unharmed, but similar fires caused three deaths in london last year. the coroner, who reported on two of those deaths, ian potter, warned there are likely to be more. he said there is a substantial risk of further deaths while it continues to be the case that there are insufficient controls governing the sale of lithium ion batteries and chargers and e—bike conversion kits. e—scooters and bikes can be environmentally friendly and safe transport. the government says distributors need to ensure products are compliant, but victims, friends and families want more. for more stories . from across the uk, head to the bbc news website.
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bringing you different - stories from across the uk. well, we'd better get this get these shoes on then. tony is 78 and has parkinson's disease. after a spell in hospital following illness, he and his family decided tony needed more help. now, three mornings a week, a carer comes in. today, paul has helped with showering, dressing and getting breakfast, which can take tony three hours when he's on his own. it also takes a bit of stress away from the family because obviously they worry about me. charities such as dementia support in west sussex have also seen an increase in demand for its advice and activities, up 75% on last january. they always see a seasonal increase, but believe this year it's largely due to difficulties for patients to see a gp and the suspension of new assessments for dementia by the local nhs following a budget overspend.
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the impact of the nhs diagnosis service that's actually closed from january through to march. so we have three months without diagnosis going on. i think families have got together and seeing that there have been changes in behaviour and health, so they're reaching out for support and help, trying to find out what to do and where to go. for more stories from across the uk, head to the bbc news website. hello and welcome to sportsday. drama at the africa cup of nations as ghana are beaten by cape verde in their opening match of the tournament... japan begin their bid for asian cup glory with a win over vietnam. and the rocket fights back ronnie 0'sullivan claims a record extending eighth masters title at alexandra palace.
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there were dramatic scenes in abidjan on sunday as cape verde beat ghana 2—1 in their opening match at the africa cup of nations. and it had looked, for a while at least, as if the seven time champions, egypt might be beaten as well. also today, nigeria were held to a 1—all draw with equatorial guinea, rounding up the day's action is ian williams. the africa cup of nations underdogs found their bite on day two the africa cup of nations underdogs found their bite on day two here. the big a shock coming in the late game here.
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