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tv   Asia Business Report  BBC News  January 15, 2024 1:30am-1:46am GMT

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report. as we have been hearing on newsday, william lai has won taiwan's presidential election. the third consecutive term for his ruling democratic progressive party. at the same time two former us officials are visiting taipei for post—election talks, underscoring washington's long—standing interest with the territory. but china views the president—elect is a dangerous separatist and warned any move towards independence will be severely punished. my colleague spoke to a taiwanese analyst at the intelligence unit about how the intelligence unit about how the results of this election will impact the islands relationship with beijing. china is suspicion of his intentions and much of this ties back to his past. he is infamous in that he has been vocally supportive of independence but it is also important to mention that he has generally softened his stance in the last few years
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and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro— status quo, the idea that he will inherit the former policy that make foreign—policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said the question here is that china will believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let's talk a little _ months or even years. let's talk a little about _ months or even years. let's talk a little about trade - months or even years. let's talk a little about trade and | talk a little about trade and what — talk a little about trade and what the consecutive succession under_ what the consecutive succession under the — what the consecutive succession under the dpp could mean for
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trade — under the dpp could mean for trade with china.— trade with china. that is an interesting _ trade with china. that is an interesting dynamic - trade with china. that is an interesting dynamic to - trade with china. that is an interesting dynamic to look trade with china. that is an i interesting dynamic to look at because four are strained as the relations are under the dpp, economics is still intertwined. china is taiwan's most important export market, cross strait economics in terms of supply chain and investments, they are tight and thatis investments, they are 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 taiwan's trade away from china towards southeast asia and western economies but in reality these moves have been difficult to implement. china isjust an incredibly difficult to implement. china is just an incredibly important centre of gravity for the region and that is true for taiwan and as we look at policy proposals moving forward he will still promote diversification it will be hard. anything about china's reaction, one of the things we are worried about is what potential retaliation may look
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like from the economic sphere. we have something called the economic cooperation agreement between the two sides and there is potential that china could seek to tweak that agreement. we seen some economic pressure tactics and form of ending tariff exemptions for chinese product. so there are some moves here. we could see manifest but when we look at and look at the nature of the ties they are in sophisticated taiwanese electrical components and that is something china is still reliant on in terms of imports. so the situation is complicated in the room to manoeuvre for china in terms of damaging the, those are relatively constrained. turning now to the _ relatively constrained. turning now to the red _ relatively constrained. turning now to the red sea _ relatively constrained. turning now to the red sea where - now to the red sea where tensions continue to escalate. the us and uk lead strikes on mainland yemen last week against the hooting movement after the armed group launched several attacks against commercial ships. this was in
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response to the conflict in gaza. around 15% of global trade passes through the red sea which is connected to the suez canal. this woman, deborah is watching the developments closely. it is watching the developments closel . , ., . is watching the developments closel . ., ., closely. if you are a commercial- closely. if you are a | commercial shipping closely. if you are a - commercial shipping agency closely. if you are a _ commercial shipping agency the difficulties trying to navigate what is an incredibly fast moving set of risks which is unusual. normally in this world we have challenges, of course, but most of those challenges can be seen ahead of time and you can at least try to calculate where the risk is but when you have airstrikes and missiles lobbed in the direction of shipping it is hard to say whether your ship get through safely or whether you will have a problem on your hands. , ., ., ., hands. deborah, trade in that re . ion hands. deborah, trade in that region accounts _ hands. deborah, trade in that region accounts for _ hands. deborah, trade in that region accounts for 1596 - hands. deborah, trade in that region accounts for 1596 of - region accounts for 15% of global trade. region accounts for 15% of globaltrade. is region accounts for 15% of global trade. is it unusualfor two sovereign nations to launch
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these kinds of attacks to protect commercial interest? it is a bit unusual although not unprecedented. there are a number of choke points particularly for shipping where it makes a juicy target if you have either terrorist intentions or if you have intentions or if you have intentions of making money off of seizing ships. we have seen that in the past and what i think is unusual this time is the intensity of the weaponry being used and the likelihood of escalation. there is a real threat and a real challenge. looking at the asia region and the impact here we also obviouslyjust had the taiwan election and we will have to see what happens with the semiconductor ecosystem because of that but what impact do you see these attacks in the red sea having on the asia pacific region? it sea having on the asia pacific reuion? ,,,,_ , ., region? it will probably be a bit less obvious _ region? it will probably be a bit less obvious in _ region? it will probably be a bit less obvious in asia - region? it will probably be a bit less obvious in asia than | bit less obvious in asia than in europe but one of the challenges that companies are
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facing is that if you do not use the suez canal and the red sea you have to go all the way around contents and that adds 14 around contents and that adds 1a days or more to the shipping rout and an enormous amount of cost. so you start to see increases in cost for companies and then, ultimately, that could be passed on to consumers for a wide variety of product that normally transit through the suez canal. what is the next step?— the suez canal. what is the nextste-? ., ., , . next step? what do you expect policymakers — next step? what do you expect policymakers and _ next step? what do you expect policymakers and business - policymakers and business leaders asking for going forward was to mike i think they will ask for a diffusion of tension, please stop the attack in both directions. but it is attack in both directions. emit it is challenging because it is a little unclear what the goals are. at the moment the houthi are. at the moment the houthi are saying it is about gaza and it is unclear how clear that meant quickly that situation will is stabilised. so you are left grappling with long—term uncertainty about whether or not this route through the red sea will be viable.—
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sea will be viable. now for something _ sea will be viable. now for something different. - sea will be viable. now for i something different. murray kondo was one of the most well—known japanese businesswomen around the world and has inspired millions from her method of organising. my colleague spoke to her and asked how her method works. translation: mi; asked how her method works. translation:— asked how her method works. translation: g ., , ., translation: my method is more than 'ust translation: my method is more than just cleaning _ translation: my method is more than just cleaning up _ translation: my method is more than just cleaning up your- than just cleaning up your house or organising. it helps to hone your senses in this idea of identifying what sparks i°y idea of identifying what sparks joy in the process repeating, identifying what sparks joy in your life will help you to better understand your own set of values and worldview. there for in the process of tidying up for in the process of tidying up your entire home you are able to understand and clear notjust able to understand and clear not just your house, able to understand and clear notjust your house, of course, but your mind and your heart in some ways. so this extends to more than just your environment and your space and it is really
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about the human connections that you have in your life as well is your relationship that you have with work. so understanding all this enables people in empowers people to choose lifestyle that sparks most joy choose lifestyle that sparks mostjoy in them. in choose lifestyle that sparks most joy in them.— choose lifestyle that sparks most joy in them. in japan the government — most joy in them. in japan the government wanted _ most joy in them. in japan the government wanted a - most joy in them. in japan the government wanted a 3096 - most joy in them. in japan the government wanted a 3096 of| government wanted a 30% of executives are major firms to be women by 2030. do you think they will reach that goal? translation: t0 they will reach that goal? translation:— they will reach that goal? translation: ., , ., ., 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, if you will, be known and broadcasted and make a public statement so thatis and make a public statement so that is the fact it is in the news already, being achieved or in the process of doing that, certainly. having the support system in place for more female executives to be able to
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balance their lifestyles with managing at home with the childbearing component of course, it would generally interrupt their career path to have this massive life change in their life. so system, perhaps or other ways to help counter this interruption of their career path and help them innovate into the work force is going to be key to enable and empower more female entrepreneurs and executives and i think it is also important forfemale important for female entrepreneurs to support important forfemale entrepreneurs to support each other which is why even here at our company, there is a lot of very productive and able female workers we have on staff but in addition —— addition we find we encourage people to find that balance between work and home life and what sparks joy and thatis life and what sparks joy and that is the type of organisation we are trying to create. �* ., ., .,
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create. before we go, a reminder— create. before we go, a reminder of _ create. before we go, a reminder of our - create. before we go, a reminder of our top - create. before we go, a i reminder of our top story. william lai has won the symbolic election in taiwan and you can find plenty more on our website. there are profiles of the candidate as well as china's reaction to the result. that is it for this edition of asia business report. thank you for watching. voice-over: bbc news, - bringing you different stories from across the uk. this agricultural land between wetherby road and the river wharfe could be the site of a new housing development in tadcaster. peter is one of around 300 campaigners against the plan. so this piece of land here covers 35 hectares and gladman developments are proposing to build over 400 houses on it. the water levels are gradually seeping up onto this land, which would be a disaster to build on. i think it would | definitely make the flooding issue worse because they are going i to concrete over -
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what is now wetland which can drain through, - whereas houses it doesn't drain through, it willjust run off. you can see today it's completely underwater. so i don't know how they would propose to build pathways because presumably they would get washed away on an annual basis. gladman developments declined an interview, but say the planning application for the 11 arches development follows over a year of consultation and that there will be measures to manage surface water and increase flood resilience. and all built development is located in a flood zone one, identified by the environment agency as areas of low risk. voice-over: for more - stories from across the uk, head to the bbc news website.
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voice-over: bbc news, - bringing you different stories from across the uk. tonyis tony is 78 and has parkinson's disease. after a spell of hospital after an illness his family decided he needed more help. three mornings a week now a carer comes in. today, paul is helped with showering, dressing and getting breakfast which can take tony three hours on his own. it which can take tony three hours on his own-— on his own. it also takes a bit of stress _ on his own. it also takes a bit of stress away _ on his own. it also takes a bit of stress away from - on his own. it also takes a bit of stress away from the - on his own. it also takes a bit| of stress away from the family because they worry about me. care charities such as dementia support in west sussex have also seen an increase in demand
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for a advice and activities, arc 75% on last january. they always see a seasonal increase but this year they believe it is due to difficulties in patients seeing a gp under suspension of new assessment for dementia by the local nhs following a budget overspend. the impact of the nhs diagnosis service that has closed from january through to march so we have three months without diagnosis going on. i think families have got together and seen that there have been changes in behaviour and health so they are reaching out for support and help, trying to find out what to do and where to go. find out what to do and where to no. ., find out what to do and where to .o_ ., ., find out what to do and where to no. ., ., ,., , ., to go. for more stories from across the — to go. for more stories from across the uk, _ to go. for more stories from across the uk, head - to go. for more stories from across the uk, head to - to go. for more stories from across the uk, head to the l to go. for more stories from i across the uk, head to the bbc news _ 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
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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. hello there, welcome to sportsday. 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—1 draw with equatorial guinea, rounding up the day's action is ian williams.
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the african underdogs found their bite on day two of the tournament here in ivory coast. the biggest shortcoming in the late game in the stadium in abidjan, where cape verde ghana 2-1 abidjan, where cape verde ghana 2—1 thanks to the goal in injury time. before that we had either with a late goal as well. mohamed salah to the rescue. a 97 minute penalty saving against the minnows, have never won in 13 attempts. bal was needed toward that penalty to save the pharaohs. in the early game, victor 0simhen, his first goal and avenue con sally so 1—1 goal for nigeria against equatorial guinea. a combined 16 african titles among them, but not a good day for nigeria, egypt, and especially ghana. those games were in group a and be on a monday we have group c and d getting under way. the standout is the defending champion senigal getting their defence
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under way against

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