at the last year and enhances policies and goals for the year ahead. katie silva joins us with the latest from the newsroom. what are the main talking points he has been discussing so far, in terms of his policies and goals for the year ahead? his policies and goals for the yearahead? he his policies and goals for the year ahead?— year ahead? he has really addressed _ year ahead? he has really addressed a _ year ahead? he has really addressed a lot _ year ahead? he has really addressed a lot of - year ahead? he has really addressed a lot of issues. | year ahead? he has really - addressed a lot of issues. the major overarching theme i would say was positioning china as a force for global security and peace, stability. he says for example it is about win—win cooperation, a shared went for the future of mankind and says chinanot develop taps the rest of the world. this was very much put encounter to the way he then characterised the us�*s relationship with china, saying for instance that strides have been made since the two parties met in san francisco last year, but that the us is continuing to fulfil its promises up to bewildering levels and that misperception continues. wang

yi said china wants basically a relationship of mutual respect, peaceful cooperation and says if the us is obsessed with surpassing china, they are doing that to the detriment of themselves. the number of also business issues raised, fashionable artificial intelligence, china saying it really wants global governance but that all sides need to be included in the ai race, as well as the issues of belt and also being brought up.- well as the issues of belt and also being brought up. yes, he didn't shy _ also being brought up. yes, he didn't shy away _ also being brought up. yes, he didn't shy away from _ also being brought up. yes, he didn't shy away from more - didn't shy away from more sensitive topics as well i understand from what did he have to say about russia? interesting, of course. these press conferences are very orchestrated events of the firstjournalist orchestrated events of the first journalist given a question to firstjournalist given a question to ask first journalist given a question to ask was firstjournalist given a question to ask was a fluent mandarin speaking russian journalist and one of the big takeaways miss the closeness of their relationship. he talked about for example how they are heavily investing and buying up russian natural gas and how chinese vehicles are currently on the streets in russia, talked about the 75th anniversary between the two of their relations and talked

about how really their relationship has never been stronger. other topics really when it came to geopolitics, taiwan, he said in reference to the most recent election that it has no bearing on them. he said for example 180 different countries and institutions currently are committed to the one china —— the one china policy and people who basically aren't within the regions should stay out of those affairs. i should stay out of those affairs. . , , ., ' affairs. i have 'ust seen off camera he — affairs. i have just seen off camera he has— affairs. i have just seen off camera he has now - affairs. i have just seen offl camera he has now wrapped affairs. i have just seen off - camera he has now wrapped up his press conference but thank you for getting us across all the topics covered. katie silva in our newsroom in singapore. katie mentioned wang yi also talked about the economy of china, that is where we are going to turn our attention to next because it has set its growth target of around 5% for the year ahead, and there are several headwinds plaguing china when it comes to that, including the high unemployment rate among the youth population. here is our nick marsh with more.

if you are graduating from university in china you are entering a tough path. the government in beijing has been cracking down on certain industries such as private education, the tech sector, not to mention the property sector which is in crisis right now, all of which have been popular destinations for fresh graduates in the past. there is also the question of what kind ofjobs are available. young graduates want to become young professionals, they don'tjust want to work in a factory or work as a delivery driver, and even many white—collarjobs even many white—collar jobs aren't even many white—collarjobs aren't that appealing to china's very well educated middle class, who have come to expect more than just a humdrum average officejob, especially seeing as they have studied so hard to get their degree in the first place. and for these

young people there is a safety net. many of them are an only child and they can just simply live at home with their parents. in china people talk about lying flat. this is what people describe it as, people also talk about doing sit—ups, so taking turns between lying flat and then jumping so taking turns between lying flat and thenjumping into so taking turns between lying flat and then jumping into the super intensejob hunt flat and then jumping into the super intense job hunt rat race and then going back to laying flat again. so what will beijing do about this problem? like many issues with china's economy, there is no such thing as a quick fix. we are talking about a society that is getting wealthier, better educated and more urbanised. the old ways of generating jobs and prosperity, building things, making things for export, that isjust building things, making things for export, that is just not going to be enough anymore. there are new developing industries such as or super powerful computing, but that's not going to do anything in the

short term really. for now, president xijinping has short term really. for now, president xi jinping has told china's young people they need to eat bitterness, which in chinese means to just grit your teeth and bear it. nick marsh there. in other news making headlines, a former google software engineer has been indicted in california on charges of stealing trade secrets relating to the company's artificial compa ny�*s artificial intelligence technology. company's artificial intelligence technology. then wading was hired by google back in 2019 but had been allegedly working for two chinese companies at the same time. according to the us department ofjustice he was transferring confidential information from google's network to his personal account and has been charged with four counts of selling trade secrets. staying in the us, two days of testimony on capitol hill with lawmakers eagle eyed for clues about interest rates. erin delmore filed this report. fed

chairjay powell sat squarely in the spotlight previewing what is to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe our policy rate is likely at its peak this tightening cycle. if the economy evolves broadly as expected it will likely be appropriate to begin dialling back policy restraint at some point this year.— point this year. powell appeared _ point this year. powell appeared before - point this year. powell appeared before the i point this year. powell - appeared before the house financial services committee, the first step in his two—day tour of capitol hill and pointed to considerable progress on the economy and said that while inflation remains above the feds 2% target, it has been evening without significantly increasing unemployment. but while rate cuts are likely this year he said that the fed is looking for more evidence that inflation is falling sustainably back down to the feds target, and he reiterated fed's target, and he reiterated that members are being careful not to miss step in either direction, whether that is cutting interest rates too soon or too little too late. have

more to say in front of the senate banking committee on thursday. taylor swift is in the middle of a series of six concerts here in singapore, and this morning we are looking at the pop icon�*s ripple effect on the pop icon�*s ripple effect on the economy, especially on small businesses. beyond travel and tourism those the beads, buttons the beverages, which are getting a swift left. cities are like some of our favourite songs or favourite song lyrics that mean a lot to us. she has this line make the friendship bracelet, so she is leading to our teen or younger days. leading to our teen or younger da s. . ., ._ , leading to our teen or younger das. . ., | days. teenage fan days. i thought _ days. teenage fan days. i thought as _ days. teenage fan days. i thought as a _ days. teenage fan days. i thought as a small- days. teenage fan days. i i thought as a small business days. teenage fan days. i - thought as a small business is good to start off. initially when i started a couple of weeks back it was not as fast moving but recently it has a lot more popular. a lot of

supply shops as well run out of alphabet beads and things like that, so people start to panic. it feels like every once in awhile _ it feels like every once in awhile this is in every once awhile _ awhile this is in every once awhile sort of situation, so i wouldn't _ awhile sort of situation, so i wouldn't mind spending a bit more — wouldn't mind spending a bit more to— wouldn't mind spending a bit more to be quite honest. and this in— more to be quite honest. and this in the _ more to be quite honest. and this in the top 1% in my heart, then— this in the top 1% in my heart, then iti— this in the top 1% in my heart, then ill go _ this in the top 1% in my heart, then i'll go. all this friendship bracelet staff is superfine, dressing up the concert, _ superfine, dressing up the concert, it is pretty fun. i don't _ concert, it is pretty fun. i don't think it is my newest thihg~ _ don't think it is my newest thin. .. don't think it is my newest thin _ .,. ., ., don't think it is my newest thing. each flavour corresponds to each of— thing. each flavour corresponds to each of her— thing. each flavour corresponds to each of her iconic— thing. each flavour corresponds to each of her iconic songs - to each of her iconic songs from a different era. usually we put a self—care cord so for the special collection we actually take her lyrics and incorporate our own wordings inside, and yes we see an influx of orders and a lot of questions. we also receive a

search of our cafe partners ordering as well. we search of our cafe partners ordering as well.— search of our cafe partners ordering as well. we have seen an increase _ ordering as well. we have seen an increase in _ ordering as well. we have seen an increase in rise _ ordering as well. we have seen an increase in rise of— ordering as well. we have seen an increase in rise of about - ordering as well. we have seen an increase in rise of about 20 | an increase in rise of about 20 to 30% — an increase in rise of about 20 to 30% of _ an increase in rise of about 20 to 30% of ourselves and definitely attributed to taylor swift, — definitely attributed to taylor swift, and the community being so supportive and also trying out new _ so supportive and also trying out new things. sol so supportive and also trying out new things. so i would say with— out new things. so i would say with the — out new things. so i would say with the name taylor swift has definitely helped grow our business by quite a lot. barbury— business by quite a lot. barbury 1065 this saturday. and before we go, barbie turns 65 this saturday! to celebrate that milestone, toymaker mattel has chosen eight entertainment and cultural stars, and created one—of—a—kind barbie dolls made in their likeness. one of the celebrities is oscar—award winner dame helen mirren, whose barbie is a version of herself holding her oscar. others include actress viola davis and singers virgin australia is launching a brand—new service which will make pet owners very happy. in a first for australia, passengers will be allowed to bring their dogs and cats on—board domestic flights.

good news for all those pet owners out there. and that's it for this edition of asia business report. thanks for watching. voice-over: bbc news, - bringing you different stories from across the uk. potholes. they can be costly and potentially dangerous. over the last year, west sussex has seen a spike — something that hasn't gone unnoticed by these people in burgess hill. so many potholes, you end up sliding down the road trying to miss them. there's going to be a point where it's going to be a danger to life. some of the potholes are really dangerous. and with the heavy rain, it's filling them in so you don't actually see them. you can't drive i in a straight line. you literally have to swerve potholes on every road. - one of the methods of fixing or preventing potholes is using a jet patcher like this one.

west sussex county council says that some of the additional funding will be used to continue to pay for a third jet patcher this coming financial year. just on this road there's five or six potholes. yeah. however, opposition councillors believe that more money could be spent on road maintenance. well, it's really important that we make our roads kind of easierfor people to get around on. so absolutely, we support more money going into potholes. we found some extra money that could have gone in. now, we understand why they might not have chosen to do that, but we found extra money from some back office funding that would have put a little bit more into fixing our potholes. for more stories from across the uk, head to the bbc news website. hey, i'm dylan with the catch up. tonight, the government budget and nikki haley drops out, and lego! first up, it is budget day and the government has announced both its spending and tax plans for the next year.

it is likely the last budget announcement before the general election. here are a couple of the main points. national insurance will be cut by 2p, which the government says will mean an extra £450 per year for the average worker. the chancellor also announced new taxes on vapes and a commitment to build more new houses for young people across the country. a lot of people, like journalist ruby, said more could be done to help them afford housing. i am currently being evicted from my house, looking for a new place. rents are incredibly expensive. we saw in the pandemic how the government was able to introduce protections for people with mortgages, why can't we do the same for renters? you can read much more about what today's announcements mean for you on the bbc news app and website. a couple of other stories now, and over in the us, nikki haley has dropped out of the presidential race, meaning a rematch between donald trump and joe biden looks all but certain.

a k—pop star has apologised to fans who accused her of betrayal for having a boyfriend. one fan apparently crossed a truck into the star's agency. it is time to leave you with ten seconds of lego. check this out. over1 million bricks have been used to recreate some of the world's most famous artworks at the art of the brick exhibition in london. check out that handsome guy! that is it from me, you are all caught up.

hello and welcome to sportsday. i'm paul scott at the bbc sport centre. here's what's coming up: six of the best: defending champions manchester city ease in to the last 8 of the champions league after thrashing fc copenhagen. england hope to be in peakform as they prepare for the fifth and final test with india in dharamsala. and anthonyjoshua says he knows what he's up against as he prepares to take on ex—ufc champion francis ngannou in riyadh.

hello and welcome along to the programme. defending champions manchester city have cruised in to the quarterfinals of the champions league after a 6—2 win on aggregate over fc copenhagen. they beat the danish side 3—1 in the second leg at the etihad, watched by the bbc�*s football correspondentjohn murray. it was, as widely expected, a formality for the holders as they confirmed their place in the last eight. they knocked out the danish champions with a scoreline that matched the first leg in copenhagen. the contest such as it was was certainly over inside the first ten minutes as they volleyed in from a corner and then another shot slipped through the gloves of the goalkeeper. the danes rallied with a well—taken goal but manchester city restored the two goal lead. shooting at his 29th just before half time.

he joined two other strikers as the leading goal—scorers