sentiment has not been posted. on asia business report. thanks for watching. it isa it is a feat of engineering. 1400 it is a feat of engineering. moo tons of steel. the long—awaited third river crossing at yarmouth. hundreds gathered for the opening. we ra ou gathered for the opening. we pray you bless the bridge and chinese authorities pledge all who— pray you bless the bridge and all who pass over it. and those to stabilise stocks as the latest government backin who sell through it. back in 1930 3,000 _ who sell through it. back in 1930 3,000 turned - who sell through it. back in support measures failed to prop 1930 3,000 turned out - who sell through it. back in 1930 3,000 tu town's t - who sell through it. back in| 1930 3,000 tu town's haven opening of the town's haven bridge by the prince of wales. how artificial intelligence opening of the town's haven bridgt crowds prince of wales. opening of the town's haven bridgt crowds than e of wales. opening of the town's haven bridgt crowds thanjenna �*ales. opening of the town's haven bridgt crowds thanjenna brown, in the crowds thanjenna brown, who, despite the edge of 105, helps them save time and money. in the crowds thanjenna brown, who, desp of the edge of 105, in the crowds thanjenna brown, who, desp of honourje of 105, in the crowds thanjenna brown, who, desp of honour today 35, was guest of honour today public opening.— was guest of honour today public opening. there were crowds of _ public opening. there were crowds of people _ public opening. there were crowds of people and -

hello and welcome to public opening. there were crowds of people and the i public opening. there were i crowds of people and the then prince — crowds of people and the then prince of— asia business report. crowds of people and the then prince of wales who opened it. i'm steve lai. and here — prince of wales who opened it. we begin in china where, and here you are over the weekend, authorities have vowed to stabilise markets. prince of wales who opened it. and hers too. are prince of wales who opened it. and hen too.— opened, too. it is wonderful it comes after another volatile what they — session on friday that saw opened, too. it is wonderful what they have _ opened, too. it is wonderful shares dropping to their lowest what they have done. - level in five years. a series of government support what they have done. for more stories across _ measures have failed what they have done. for more stories across the _ what they have done. for more stories across the uk, - what they have done. for more stories across the uk, head - to prop up stocks. what they have done. for more stories across the uk, head to | stories across the uk, head to the bbc news website. injanuary, china's blue—chip csi 300 index tumbled to 6.3% 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 charu chanana from 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 kind of, you know, 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 and adult passes the earth to

but it is not something that investors are excited about, the child — responsibility for the chinese market. i think investors are really looking after the planet most waiting for some kind of a structural reform there. of the next generation. that is emitted by this of the next generation. that is en a ted by this of the next generation. that is and just the whole message en a drawing |is of the next generation. that is en a drawing by 11—year—old on a drawing by 11—year—old isabel from york. i that has been coming out on a drawing by 11-year-old isabel from york.— isabel from york. i feel it is ve onl of the politbureau meeting very important because you only have _ very important because you only have one — very important because you only and the lack of details have one earth and you have to on when we are really look _ have one earth and you have to look after — have one earth and you have to look after it. i going to see that third plan meeting which actually focuses have one earth and you have to look af to it. i have one earth and you have to look af to people that thought on the structural side draw it to people that thought they were alone and then if you of the economy. i mean, those are — look— they were alone and then if you look behind the people, you see those are really factors that failed to really build up loads— the confidence in a more look behind the people, you see loads of— look behind the people, you see loads of people walking behind ihenm — loads of people walking behind sustainable way at this point. them. ~' ., ., , them. like, going to help them. and given the economic isabel them. like, going to help them. headwinds and the more isabel and _ them. like, going to help them. isabel and viv, _ them. like, going to help them. structural isabel and viv, eight, _ them. like, going to help them. isabel and viv, eight, were - isabel and viv, eight, were among 15,000 children from 111 markers, it's not going to move the needle when it comes countries who all drew pictures to appeasing investors, do you think? yeah, i mean, absolutely. among 15,000 children from 111 col the as who all drew pictures among 15,000 children from 111 these are measures we have seen col the draw o all drew pictures among 15,000 children from 111 col the draw with drew pictures among 15,000 children from 111 come and go all over 2023. col the draw with denmarkjres for the draw with denmark project, one of unesco's they have ramped up a little creative cities, along with bit in the first weeks of 2024, your. the project's them is but, obviously, what worries investors is that — how can these "green together" — partnerships measures really restore for a sustainable future. the confidence in the economy where you have such a deepening property sector crisis?

and now even from a global stage, —— york. you know, the fragmentation has been played out so broadly, hello and welcome to sportsday. 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, again, who really want to make a comeback in the title race, beating into the chinese markets. they are probably going to be pushed a little bit more liverpool at emirates stadium. as these headwinds continue to play out. off another astonishing so these short—term measures, i think, as i said, they can probably help some short—term traders, you can see victory against india — a float but it is not something a legend for wales and that can really create a bull market in china right now. we all know donald trump is vying for a second term the lions — he was 79. in office but has his tough stance on china changed? speaking to fox news, the nominee said he would reimpose tariffs that china that could exceed 60% if he was re—elected to the white house. when asked if he would start hello and welcome another trade war with beijing, trump shrugged it off, to the programme. saying president xi was a good

we'll start with the english friend of his and that he premier league, where the title race has become even more wanted to see "china do great." interesting, after arsenal cut now, the chair of the us the gap to two points federal reservejerome powell at the top of the table, said that reserve bank should as they beat liverpool 3—1 be prudent in deciding when to cut interest rates. at emirates stadium. speaking on the cbs show 60 minutes, powell said given bukayo saka opened the scoring the economy, policy makers can afford to wake a little for arsenal after 111 minutes, while longer to make sure inflation is moving down to 2% an own—goal in added time at the end of the first half. in an sustainable way. it comes after last week's fed meeting in which the central bank decided to hold it steady at a 23—year high. rate cuts are expected this year but it is unclear exactly when the fed will start to reverse course. foxconn warns there is a shortage of chips for al servers. the production capacity cannot keep up with demand and new factories may be needed. despite that, liu is still optimism about the outlook for the year, forecasting is slightly better for 202a. and staying with al, we've been hearing a lot

about how much big tech firms are investing in the technology. but today we're going to focus on how can help small businesses save time and money. and as inflation is still very much in the picture, this could be a game changer. earlier i spoke to venture capitalist and founding 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 a paradigms shift in the way that start—ups are using their capital to become more productive, 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. so we're seeing chief technology officers 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 to deliver very, very personalised customer experiences. imagine if you can use an ai tool to try and look at all of your customer experiences, all the dates and interactions you've had in the past, and deliver very, very personalised experiences for those customers, to give them exactly what they want and when they want it. let's look at the week ahead. we will be keeping a close eye on australia's central bank when the rba announces its first policy decision on tuesday. the economy is cooling which looks like rate hikes may be over. on friday, 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 deflationary 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. the cost of living has been rising due to food costs. lunar new year is almost upon us, and the appetite for boozy gatherings appears to be on the rise. beverage brand diageo is a major distributor of gin, whiskey, and other spirits. their asia—pacific chiefjohn 0'keefe spoke about how this is contributing to growth for the conglomerate. i contributing to growth for the conglomerate.— contributing to growth for the conglomerate. i would say the big drivers _ conglomerate. i would say the big drivers of _ conglomerate. i would say the big drivers of growth - big drivers of growth underneath that, i would have to start with india, first of all. india is a phenomenal market. it is the biggest whiskey market in the world. in fact, it is probably one of the

few markets whether whiskey category is bigger than the beer category. within that, we are seeing a lot of people moving up the price ladder, which is driven by the emerging middle class. i would also point to southeast asia, markets like indonesia, malaysia, vietnam — a luxury centred business where scotch is important. and then i would point to china. the biggest market in the world. it is three times the size of the north american spirits market. 97% of it is chinese spirits. where there are only business involved with that and we have an exciting business with johnny walker on the side. particularly in europe we are seeing an emergence of an exciting non—alcoholic category. we just launched tank rate 00 gin, captain morgan 00

alcohol rum. it is a very successful thing, too, non—alcoholic dinners. 0ccasions, mid week, consumers might want an adult beverage choice, but they are at a party to want to feel sophisticated, so having a non—alcoholic but great tasting cocktail. so we very much see that as an opportunity that we can tap and leveraged. i was running our business in africa for the last seven years and we felt increased shortages of crops and therefore we had to adapt our bring processes to take on different types of crops depending on what was available or not. we had to have different flexibility. if a swing from the supply side to the consumer side, you know, we do know it is increasingly important, particularly for the luxury consumer that, you know, we have sustainability right at the heart of our brands. if i take guinness, one of the most

premium beer brands in the world, regenerative agriculture is really important, and the fact that we can demonstrate to our consumers that guinness is doing everything possible to be as green as possible in an authentic way. that is something that is foremost in our minds. something that is foremost in our minde— something that is foremost in our minds. earnings season is in full swing. _ our minds. earnings season is in full swing. later _ our minds. earnings season is in full swing. later today - in full swing. later today mcdonald's gears up for its quarterly report. caterpillar will announce its results. it warned of slower earnings in china as their economy loses the post pandemic momentum. 0n the post pandemic momentum. on wednesday chinese tech giant alibaba will announce its endedin ended in december. results that ended in december. we also hear dizzy on how it performed in the quarter. let's look at the market before we go. go. —— the hang go. go. —— disney. the hang seng is down 0.14% commission is crazily lower afterjerome powell warned interest rates

are likely to be cut in march. there is a sign that a promise that chinese investors