chinese authorities pledged to stabilise stocks as the latest government support measures failed to prop up investor confidence. plus a game changer for small businesses. how artificial intelligence help them save time and money. welcome to asia business report. we begin in china where over the weekend, authorities have vowed to stabilise markets. it comes after another volatile session on friday that saw shares dropping to their lowest level in five years. a series of government support measures have failed to prop up stocks. china's blue—chip csi 300 index tumbled three points that make 6.3% last month as

authorities struggle to boost investor confidence which has been hit by an economic slowdown and a deepening crisis in the property sector. earlier i spoke to investment bank saxo and she told me investors want to see beijing implement long—term structural reforms. it is not something that can offer that long—term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and make an entry into that market. these are measures that we have obviously seen in the past as well in the last few weeks, and all they really do is to try to put a float but it is not something that investors are excited about, the chinese market. i think investors are really waking —— waiting for some kind of structural reform there is just a whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan

meeting which actually focuses on the structural side of the economy. those are really factors that failed to really build up the confidence in a more sustainable way at this point. more sustainable way at this oint. �* _, ., . point. and given the economic headwinds _ point. and given the economic headwinds and _ point. and given the economic headwinds and the _ point. and given the economic headwinds and the structural. headwinds and the structural markers, more —— it is not going to move the needle when it comes to appeasing investors, do you think? absolutely. these are measures we have seen come and go all over 2023. they have ramped up a little bit in the first weeks of 2024 but obviously what worries investors is how can these measures really restore these measures really restore the confidence in the economy where you have such a deepening property sector crisis and now even from a global stage, the fragmentation has been played out so broadly, the us election risk is really huge for china as well and i think that is probably going to play on the minds of investors who really want to make a comeback into the chinese markets. they are probably going to be pushed a little bit more as these

headwinds continue to play out. these short—term measures, they can probably help some short—term traders, you can see a float but it is not something that can really clear the market in china right now. we all know donald trump is vying for a second term in office but has his tough stance on china changed? speaking to fox news, the nominee said he would reimpose tariffs on china that could exceed 60% if he was re—elected to the white house. when asked if he would start another trade war with beijing, he shrugged it off saying president xijinping was he shrugged it off saying president xi jinping was a good friend of his and that he wanted to see china do great. now, the chair of the us federal reservejerome powell said that reserve bank should be prudent in deciding when to cut interest rates. speaking on the cbs show 60 minutes, he said given the economy, policy makers can afford to wake a little while longer to make sure inflation is moving down to 2% in an sustainable way. it comes after last week's fed

meeting at which the central bank decided to hold it steady at a three year high. rate cuts are expected this year but it is unclear exactly when the fed will start to reserve ridge reverse course. a shortage of chips are —— there is a shortage of chips for aa there should servers. the production capacity cannot keep up with demand and new factories may be needed. despite that, there is still optimism about the outlook for the year, forecasting is slightly better forecasting is slightly better for 2024. and staying with al, we have been hearing a lot about how much big tech firms are investing in the technology stock but today we're going to focus on how can help small businesses save time and money. inflation is still very much in the picture and this could be a game changer. earlier i spoke to venture capitalist and found a partner at oxford capital, david mott. he told me about

profound changes happening in the start—up scene right now. what we're seeing today is the paradigms shift in the way that start—ups are using their capital to become more productive and more efficient and make every dollar go further. for example, we are seeing companies able to generate some really significant productivity savings through, for example, hiring fewer engineers but getting each of their engineers to work that much more efficiently. we're seeing chief technology officer is reporting productivity gains of maybe 20 to 500% in developing and writing in code which is a pretty significant activity for most software start—ups. we are also seeing activities such as people using ai also seeing activities such as people using al to do very, very personalised customer experiences stop imagine if you can use an ai tool to try and look at all of your customer

experiences, all the dates and interactions you had in the past and deliver very, very personalised experiences for those customers, to give them exactly what they want and when they wanted. exactly what they want and when they wanted-— they wanted. this can mean 'ob cuts that you �* they wanted. this can mean 'ob cuts that you are i they wanted. this can mean 'ob cuts that you are advocating h cuts that you are advocating for the benefits that a company can get for this. is there any downside from an ai, from respondents that were addressed? i respondents that were addressed?— respondents that were addressed? . , ., addressed? i have been an investor — addressed? i have been an investor for _ addressed? i have been an investor for a _ addressed? i have been an investor for a long - addressed? i have been an investor for a long time - addressed? i have been an| investor for a long time and addressed? i have been an - investor for a long time and we have seen many waves of technology come and go over time and what i think — i am a natural optimist and with al we are seeing a new wave of opportunities. while there are some threats and challenges around regulation and threats around regulation and threats around the environmental cost of the servers running ai models, as humans we will be resilient and adapt and propel ourselves for this new model and while there will be some challenges, overall there will

be new opportunities and challenges for workers around the world and ultimately for families and we're very about seeing a new wave of entrepreneurs and founders start new businesses and create the next generation of tech start—ups. ii the next generation of tech start-m— start-ups. ifi could be the en start-ups. ifi could be the pen pessimist _ start-ups. ifi could be the pen pessimist -- - start-ups. if i could be the l pen pessimist -- pessimist, pen pessimist —— pessimist, some use cheap software that comes with risks when it comes to cyber security?— to cyber security? possibly but when ou to cyber security? possibly but when you look _ to cyber security? possibly but when you look at _ to cyber security? possibly but when you look at how - to cyber security? possibly but when you look at how ai - to cyber security? possibly but when you look at how ai have | when you look at how ai have been used by most software start—ups, firstly you can sign up start—ups, firstly you can sign up for chatgpt, the premium version, just $20 a month, not particularly expensive. looking at the most major software packages from google and microsoft, ai is increasingly being embedded into them so there are responsibilities for managing data and making sure that these ai models are functioning in the right way and meeting whatever regulation its use will be down to those big tech companies, largely. i will put my optimist had back

on now and look at the week ahead here on asia business report. we will be keeping a close eye on australia pot central bank when the rba announces its first policy decision on tuesday —— australia pot central bank. the economy is cooling which looks like rate hikes may be over. then on thursday china will release its latest inflation numbers and producer price index ahead of the lunar new year. inflation is expected to decrease by 0.5% year on year, causing growing concerns about inflationary pressures in the world's second—largest economy. also on thursday the first reserve bank of india meeting of the year will take place on that day stop the cost of living has been rising due to feud —— food costs. you may have heard about row henry partner who at the age of 43 has reached a milestone. becoming a double champion. —— the oldest in the world. we

have been speaking about the perseverance that have led him to success. he had this advice. i would say to really focus on short—term goals, even though you have a long—term goal, break it into short—term goals. that is when you start not losing focus but to get that there are small journeys losing focus but to get that there are smalljourneys and goals. it should be a personal goal. it should not be someone else's goal you are trying to fulfil. that is a key factor there. in australian open this year, my first and foremost goal was to pass the third round. i had never passed the third round in the however many years i had played. i said that is my first goal. yes of course i would like to win at but my first goal was to do that. you are somebody _ first goal was to do that. you are somebody who _ first goal was to do that. you are somebody who has - are somebody who has exclusively played doubles so you have a unique understanding of what makes partnerships

successful. what is it that makes partnerships successful? very simple. communication makes a great partnership. there is no question on it. no matter how difficult the situation is, byjust assuming what the other person is thinking, it does not work. however difficult to —— communication can be, when that communication can be, when that communication happens, to build that real strength in the communication and then no matter what hurdle comes your way you can channel it.- way you can channel it. some sound advice _ way you can channel it. some sound advice there _ way you can channel it. some sound advice there from - way you can channel it. some i sound advice there from rohan bopanna, winner of this year's australian open doubles tournament. the next season �*s in full season. mcdonald's gears up for its fourth quarter report and caterpillar will also release its earnings. china, the world's second—largest economy, loses its post— pandemic momentum. that is it for us on this addition on asia business report. thanks for watching.

bbc news — bringing you different stories from across the uk. it's a feat of engineering, 1,400 tons of steel, seven years in the planning. great yarmouth's long—awaited third river crossing. today, hundreds gathered for the grand opening. we pray you bless this bridge and all who pass over it and those who sail through it. back in 1933, thousands turned out for the opening of the town's haven bridge by the prince of wales. in the crowds, then, jenna brown, who at the sprightly age of 105, was guest of honour at today's opening. i was in school and we were all lined up as children and crowds

of people and the then prince of wales opened it. yes. here you are now at the third river crossing. seeing that open, too! it's a wonderful thing, what they've done. voiceover: for more stories from across the uk, - head to the bbc news website.

vmcsovsk: bbc news - - bringing you different stories from across the uk. going missing carers whose loved ones have dementia it is a nightmare. kate has direct experience. just over a year ago john went looking for her when she was out. fortunately, she'd signed up to the police's dementia safeguarding scheme just five days before. i was very relieved when he came back

because you get that rising panic and you're trying to keep calm. but thankfully, the general public and the safeguarding system with the yellow tags helped. so you can't walk past somebody in the street and it willjust pick up. you have to get really close like you would if you are paying for something in a shop. then when the wristband is tappped, then you can immediately call the wearer's next of kin to help reunite as quickly as possible. hello and welcome to sportsday. it's advantage arsenal as the gunners strike a blow in the title race, beating liverpool at emirates stadium. england need another famous fightback if they are to pull off another astonishing victory against india. they're 332 runs behind.

rugby�*s first superstar, barryjohn, passes away. a legend for wales and the lions — he was 79. hello and welcome to the programme. we'll start in the english premier league where the title race has become even more interesting after arsenal cut the gap to two points at the top of the table as they beat liverpool 3—1 at emirates stadium. bukayo saka opened the scoring for arsenal after 14 minutes and they did look comfortable until gabriel scored an own goal in added time at the end of the first half. arsenal re—took the lead thanks

to a defensive mix up between virgil van dijk and alisson which allowed