of major manufacturers. chains of major manufacturers. my chains of major manufacturers. my colleague is there for us. she gave me a sense of the highlights. it she gave me a sense of the highlights-_ highlights. it is remarkable what a difference _ highlights. it is remarkable what a difference two - highlights. it is remarkable i what a difference two years make when the pandemic was happening. it is back. there's about 1,000 participants from more than 50 countries. if you can see behind me — this is the best and what is out there, the technology, that exists which is drawing all of these people in. a lot has hand in the world since the last air show hand. geopolitically speaking, the different conflicts. also, we are facing, as you mentioned, supply chain issues. it's interesting, out here, almost everyone has something on display. the glaring omission here is boeing. they did not have a passenger plane that they were bringing to this air show, because theirfamily they were bringing to this air show, because their family of 737 maxs are under investigation. the future of the family line is unknown. that is something a lot have questions about. also on the

defence side, geopolitical tensions drew people here. 50% of participants represent defence contractors. we have members from the ukraine military and people from south korea in parts that are concerned about what they will needin concerned about what they will need in their military arsenals. in terms of passenger traffic. i spoke to director—general of asia—pacific airlines. we talked about the supply chain crunch. domestic travel is already way above the pre—pandemic levels. inbound travel to china is picking up strongly, 80% of what it used

to b outbound is where the problem is. the currency deflation and inflation and poor business sentiment. supply chain issues are the biggest problem for airlines. it delayed new aircraft orders and maintenance because spares and parts are not easy to come by. one of the other issues is sustainability, one of the big topics in the industry. they have this ambitious goal of being net zero by 2050. we heard about sustainable aviation fuel, a biofuel of choice these days but it may be a long way off. it costs three—five times more than traditional fuel. three—five times more than traditionalfuel. not many traditional fuel. not many people traditionalfuel. not many people make it. we will hopefully see the new designs that they have to reach the goal and some interesting green innovation here.

now, william walsh is the director—general of the international air transport association, or iata. he gave me an overview of issues, such as safety concerns. i me an overview of issues, such as safety concerns.— as safety concerns. i don't believe — as safety concerns. i don't believe it _ as safety concerns. i don't believe it will _ as safety concerns. i don't believe it will have - as safety concerns. i don't believe it will have longer| believe it will have longer term effect. boeing responded in the right way, taken ownership of the problem. they acknowledged there's a serious issue they need to address. i think they are going about that in the right way that's what the industry wants to see. i'm confident boeing will take the right measures and regain their status as a world class global supplier of aircraft.— supplier of aircraft. what about china? _ supplier of aircraft. what about china? there - supplier of aircraft. what about china? there is . supplier of aircraft. what about china? there is a i supplier of aircraft. what l about china? there is a lot supplier of aircraft. what - about china? there is a lot of attention with the company showing off the c 919 at the air show. showing off the c 919 at the airshow. do showing off the c 919 at the air show. do you think it will position itself as a viable alternative to boeing and airbus? i alternative to boeing and airbus? ., �* , ., airbus? i don't see in the near future, airbus? i don't see in the near future. but — airbus? i don't see in the near future, but in _ airbus? i don't see in the near future, but in the _ airbus? i don't see in the near future, but in the longer - airbus? i don't see in the near| future, but in the longer term, yes. comac is significant

ambitions. there's great excitement to entry of the service of c 1919. consumer reaction is said to be very encouraging. i think there's great excitement about seeing the aircraft at the show. so, in the longer term, i think comack will be a credible competitor but it will take time to establish themselves as a world class supplier of medium sized aircraft like the c 919. i medium sized aircraft like the c 919. ., ., ., ,~ medium sized aircraft like the c919. ., ., ., ., c 919. i want to ask about sustainability. _ c 919. i want to ask about sustainability. the - c 919. i want to ask about. sustainability. the industry has its target to transition to net zero by 2050. that is fairly ambitious, but singapore required all flights departing to have sustainable fuel starting in 2060. do you think it is achievable especially given the challenges the industry is facing? i believe is it is achievable. -

industry is facing? i believe is it is achievable. more - is it is achievable. more importantly, it's essential we do it. there is no question the industry is determined to achieve net zero by 2050. we recognise we must play our part. the use of sustainable fuel is critical in that pathway to net zero. i think singapore's initiative, while i am instinctively opposed to taxes, i think there is very little evidence they have an environmental impact, i think the difference this time is that the levy is going towards the purchase of sustainable fuel. the ambition of the government is this will kick—start greater production. that's what the industry needs. israel's economyioning more than expected because of the conflict in gaza. according to figures, the gdp fell by 19% on an annualised basis in the last three months of 2023. government spending mainly on

war expenses jumped government spending mainly on war expensesjumped by government spending mainly on war expenses jumped by more than 88%, and private spending as well as exports and investments fell. they have been at war after gunmen launched and attack on israel from gaza. china's ecommerce group said they were considering a bid. curries said they rejected another approach for a takeover. jd.com said it was at early stages of evaluation. shares in curries jumped early stages of evaluation. shares in curriesjumped in by more than a third. turning to mining. the world's biggest listed miner, bhp reported its financial results today. china is of course the biggest customer. the economy has been slowing down, though. the

company made just over $6 million company madejust over $6 million in profit but cautioned the next six may not be as rosy. commodities and energy economist clyde russell said it was encouraging given the overall macroeconomic environment.— overall macroeconomic environment. .. �* �* , environment. the fact bhp's -rofits environment. the fact bhp's profits were _ environment. the fact bhp's profits were steady - environment. the fact bhp's profits were steady at - environment. the fact bhp's profits were steady at $6.6. profits were steady at $6.6 billion, that is steady considering what occurred in the past year. you had weak notice the chinese economy, the western world slowing. the fact that they have pulled off a steady profit outcome is inpremise. you can seeing that while there are problems in the chinese economy, the parts exposed to commodities are doing well. you have seen strong imports of iron ore, coal, copper, lng, oil — all those things have been strong. bhp is a major beneficiary. where is demand coming from, then, if the economy has been slowing down and yet we're seeing this relatively strong

demand? i seeing this relatively strong demand? ~ ., ., ., seeing this relatively strong demand? «a, ., ., , demand? i think a lot of people focus on the — demand? i think a lot of people focus on the problems - demand? i think a lot of people focus on the problems in - demand? i think a lot of people focus on the problems in the i focus on the problems in the chinese residential property sector. that is quite a big consumer of steel. the other parts of the chinese economy that use style, like vehicle manufacturing, white goods, infrastructure and construction thatis infrastructure and construction that is not related to property — residential property, like schools, and those things, that's been going strongly. they've done fairly well. if you are looking at other commodities, china's oil demand recovered to basically pre—covid and they are exporting fuel. pre-covid and they are exporting fuel.- pre-covid and they are exporting fuel. bhp warn of hiuh exporting fuel. bhp warn of high interest _ exporting fuel. bhp warn of high interest rates' - exporting fuel. bhp warn of high interest rates' impact. exporting fuel. bhp warn of. high interest rates' impact on the profitability. what do you make of that? i the profitability. what do you make of that?— the profitability. what do you make of that? i think there is uncertainty — make of that? i think there is uncertainty as _ make of that? i think there is uncertainty as to _ make of that? i think there is uncertainty as to how- make of that? i think there is uncertainty as to how long i make of that? i think there is | uncertainty as to how long the high interest rates may prevail and what the effect will be. they're right to be cautious. i think they are saying they expect things to get better but that might be a story for the second half of 2024, rather

than first. second half of 2024, rather than first-— second half of 2024, rather than first. �* ., ., than first. before we go, the founder of — than first. before we go, the founder of the _ than first. before we go, the founder of the japanese - founder of the japanese discount chain dyser died from heart failure at 80. he was known as a pioneer of the dollar shop business model. he started by selling goods from the back of a truck in termly 70s and realising it took him too long to attach price tags and decided to charge a flat 100 yen per item. then he incorporated daiso a few years' later. now there's more than 4,000 stores injapan and 1,000 overseas. it made $4 billion in revenue in a year. here is something you may not expect to be at the centre of industrial action. workers at the eiffel tower have of gone on strike. the monument was closed monday with the french union demanding salaries be increased in pro—pro—proportion to ticket sales. tourists were disappointed. that it is for that edition of asia business report. we will be back tomorrow. thank you for

watching the program. a lot more on our website. check that out. 1 russell coleman is at home with stone. but at his newcastle studio an idea from a decade ago is starting to take shape. decade ago is starting to take sha e. , , , decade ago is starting to take shae. , , , ~ , shape. this is my knew big ro'ect. shape. this is my knew big project- its _ shape. this is my knew big project. it's called - shape. this is my knew big project. it's called drawn. . project. it's called drawn. this is a million drawings drawn over the next five years. by drawn over the next five years. by you? br; drawn over the next five years. b ou? �* , w drawn over the next five years. b ou? �* , ., , by you? by me. each one is individual _ by you? by me. each one is individual and _ by you? by me. each one is individual and they - by you? by me. each one is individual and they may - by you? by me. each one is individual and they may be. by you? by me. each one is. individual and they may be in sets. this set is 1,000 on chinese paperfor the sets. this set is 1,000 on chinese paper for the chinese new year. the idea is a million people can own one big artwork.

how long will it take you — five years? how long will it take you - five years?— how long will it take you - five years? yes, five years. what does _ five years? yes, five years. what does that _ five years? yes, five years. what does that mean? - five years? yes, five years. l what does that mean? about 4,000 a week. _ what does that mean? about 4,000 a week. blimey. - what does that mean? about 4,000 a week. blimey. whyl what does that mean? about i 4,000 a week. blimey. why are ou 4,000 a week. blimey. why are you doing _ 4,000 a week. blimey. why are you doing it? — 4,000 a week. blimey. why are you doing it? it's _ 4,000 a week. blimey. why are you doing it? it's a _ 4,000 a week. blimey. why are you doing it? it's a sort - 4,000 a week. blimey. why are you doing it? it's a sort of- you doing it? it's a sort of antidote _ you doing it? it's a sort of antidote to _ you doing it? it's a sort of antidote to the _ you doing it? it's a sort of antidote to the art - you doing it? it's a sort of antidote to the art world. | you doing it? it's a sort of. antidote to the art world. so this would, could have a million owners all owning this one artwork. it will only ever exist once it is made. i'm stephen with the catch—up. tonight: junior doctor strikes, palace changes its manager and a donkey love story. first: if you are in school and can't get through without a sneaky look at the phone in the day, the

government wants that to stop. schools have been given guidance: 0ne guidance: one is a total ban, another to hand the phone in before you start class or keeping it in your bag, and off. some unions which speakfor teachers your bag, and off. some unions which speak for teachers say most schools ban phones, so there is not much of a problem to fix. ministers reckon the plan will cut down on disruption and improve behaviour. some other stories now. could you have type 2 diabetes but not know? experts think around a million adults have not been diagnosed in england and are worried lots of young people could be at risk. the condition causes blood sugar levels to spike and can lead to serious health problems if not treated. junior doctors in northern ireland have voted to go on strike for the first time. they will walk out for 24 hours on 6 march over pay. junior doctors there are paid less than other parts. big football news. roy hodgson is

stepping down as manager of crystal palace. he was in hospital. he was unwell after training. the club arejust outside relegation. 0liver glassner is taking over. now for ten seconds of a lonely donkey. we fold you about harold losing his best friend, billy the goat. now it's all fine. harold has two new mates. sweepy and fletcher and is apparently madly in love. it's very whole some. have a great night, you're ought caught up.

hello. welcome to sports day, with me betty glover. coming up: a premier league point rescued as crystal palace's new manager watches. the unlikely la liga title bid, beaten by athletic bilbao. are bayern munich heading for a trophiless season? a 9—year low, three defeats in a row.

welcome to sports day. we begin in the premier league. crystal palace manager 0liver glassen watched on as his side drew 1—1 against everybody on the. the 49—year—old austrian replaces roy hodgson. after everton missed a chance with tarkovsky�*s header saved, palace opened the scoring from almost out of nowhere. then the equaliser was grabbed from a header at the back post a crucial point takes everton out of the bottom three on goal difference. palace remain five off the drop zone. former iron track frank first boss glassner was announced a few hours before kick off. there were reports that hodgson would be sacked. he's now out of hospital, but in the

statement the club announced his second managerial spell