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tv   Business Today  BBC News  May 27, 2024 12:30am-12:46am BST

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the leaders of china, japan and south korea are in seoul for their first trilateral summit since the pandemic. we explore how technology is helping musicians perform under pressure. hello and welcome to business today. i'm steve lai. the leaders of china, south korea and japan have gathered in seoul for a trilateral summit — theirfirst meeting in more than four years. ahead of that, south korea's president yoon suk yeol met separately with china's premier li qiang on sunday, where they agreed to resume talks on a free trade agreement. japan's prime minister fumio kishida and li qiang also had a meeting. according to japanese media, kishida asked that china lift its ban on imports
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of japanese seafood during that one—on—one. let's bring in bates gill, senior fellow at the national bureau of asian research. obviously, it's an important gathering of these three important east asian countries. first time they met in a number of years. i think the summit itself is importantjust for itself is importantjust for its symbolism and effort on its countries that have serious differences among each other. to sit down and meet expectations are relatively low. i think it's good to be more symbolism and rhetoric than any actual breakthroughs on some of the serious differences that continue to divide the country, particularly between china and us allies, south korea and japan on the other. just us allies, south korea and japan on the other.- us allies, south korea and japan on the other. just to get our japan on the other. just to get your thoughts _ japan on the other. just to get your thoughts on _ japan on the other. just to get your thoughts on trade. - trade is an area of mutual benefit for all. what are the priorities on this front?
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clearly that is where the three countries have the greatest self—interest for continued cooperation. they represent a significant proportion of global gdp and global trade. that's not going to change particularly. there are some critical issues, export controls, limitations that japan and south korea have placed on the export of high end technologies and high—end technological investments inside china like to see lifted, a little more open and free flow of those important technologies in semiconductors and other cutting—edge technology. that's what child would like to see. i suspect that both japan —— china would like to see. reluctant to open up like to see. reluctant to open up those gates much further than they already are. how does the us factor into this. united states to put pressure
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in both japan and united states to put pressure in bothjapan and limit united states to put pressure in both japan and limit these more important and cutting and technological investments and flow of trade into china. i suspect that washington will be listening carefully to see whether or not larger security related issues are brought into the public eye amongst these countries. i think the united states is also going to be watching to see whether or not its efforts to alignjapan and south korea more closely with one another and with the united states on security issues remains the case as part of the discussions with china. i suspect they will.- discussions with china. i suspect they will. the chinese remier suspect they will. the chinese premier li _ suspect they will. the chinese premier li qiang _ suspect they will. the chinese premier li qiang also - suspect they will. the chinese premier li qiang also met - suspect they will. the chinese | premier li qiang also met with metairie on sunday. some say china has been facing china's two challenges after export controls and cutting off access
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to cutting—edge chips. staying with china, we have a number of economic data points due this week. in a few hours, we'll get industrial production figures for april. and, later this week, we'll get the report card on manufacturing activity as well. for more, let's bring in anne stevenson—yang from thej capital research advisory firm. china is targeting over 5% for gdp growth and yet government revenue is in decline, loan demand is in sharp decline, capital outflow is increasing and property transactions are down about 50%. it's not compatible with 5% growth. but that's what they are reporting. but that's what they are reporting. the government has announced measures to support the property sector. how effective will they be? i think they would very much like to bring sentiment up before the meeting injuly. the
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measures that they've announced really just measures that they've announced reallyjust mean that the government becomes the buyer of last resort and a tiny fraction of the inventory of the market. the problem is you have this massive number of unsold apartments and abandoned apartments. and you already have 96% ownership in china. there's just no place to go with it. nobody�*s got to take the losses and that's got to be admitted. the us recently announced tariffs on china evs. is that worrying for china, given the ev sector is a bright spot? it is one of the bright spots, it's not a really big category for the united states. i think the tariffs are knocking to make a huge difference to china. but symbolically it's important, it's a way the us government is declaring to the world that they are knocking to go through another 19905 decade of china taking over us industry. i'm not sure it's the
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most effective strategy but it is a strategy, more 5ignalling than anything else. some other events on the economic calendar. the financial hub is trying to restore investor confidence after security built this week. midweek will get the latest trade 5tat5 midweek will get the latest trade stats in vietnam, the southeast asian country has been experiencing a political apprai5al following the exodus of president and that several officials. on friday we will find out how much taiwan's economy grew in the first quarter. the self ruled i5land elected a new leader this year. also bu5y elected a new leader this year. also busy week of the corporate al5o busy week of the corporate calendar. cosco will reveal its results on thursday. the wholesaler has been under the spotlight for reportedly hiking prices on premium good5 like olive oil. we get results from dell. computer maker recently 5howca5ed plans to integrate
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artificial intelligence with instant devices. away from the in5tant devices. away from the tech side. performing on stage can be a nerve—racking experience. the bbc�*s click�*s spencer kelly visited the royal college of music to see how a new performance laboratory is using technology to help arti5t5 prepare for the big moment. 0k, ok, they are ready for you. good luck. 0k, they are ready for you. good luck-— 0k, they are ready for you. j good luck._ your good luck. thank you. your heart is _ good luck. thank you. your heart is racing, _ good luck. thank you. your heart is racing, the - good luck. thank you. your. heart is racing, the adrenaline i5 heart is racing, the adrenaline is flowing, this is your moment. it's time to conquer your nerves, face the crowd and let all that practice pay off.
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music. some say it takes 10,000 hours of practice to become an expert. and forjo5ephine this performance is part of that journey as she blow5 performance is part of that journey as she blows out a rendition of suite are the roses to a very unusual ro5e5 to a very unusual audience. roses to a very unusual audience-— roses to a very unusual audience. �* . , ., audience. i've always love singing- — audience. i've always love singing- my _ audience. i've always love singing. my parents - audience. i've always love singing. my parents say . audience. i've always love singing. my parents say i | audience. i've always love . singing. my parents say i was audience. i've always love - singing. my parents say i was a bit of an annoying child growing up. i was making lots of weird noi5e5. apparently i would humm myself to sleep. eventually they were like, let's put this into something useful. singing le55on5. horse let's put this into something useful. singing lessons. how do ou aet useful. singing lessons. how do you get over— useful. singing lessons. how do you get over the _ useful. singing lessons. how do you get over the nerves? - useful. singing lessons. how do you get over the nerves? i - useful. singing lessons. how do you get over the nerves? i get l you get over the nerves? i get nervous all — you get over the nerves? i get nervous all the _ you get over the nerves? i get nervous all the time. - you get over the nerves? i get nervous all the time. getting l nervou5 all the time. getting over them, alway5 nervou5 all the time. getting over them, always a tricky
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balance. sometimes the adrenaline help5 balance. sometimes the adrenaline helps you but you don't want the nerves to affect your 5inging don't want the nerves to affect your singing or technique if you're getting all ten5e. researchers at the royal couege researchers at the royal college of music in london say that practising and then performing i5 that practising and then performing is very different to practising performing. and so while it's difficult to get regular access to the real theatres and venues they can simulate the experience here in their performance laboratory. that simulation begins before they step out into the light. one of the things we learn from our research is that our bodies stress — our research is that our bodies stress response to performance can he _ stress response to performance can be more powerful backstage than it_ can be more powerful backstage than it is— can be more powerful backstage than it is on stage with that it's a — than it is on stage with that it's a anticipation of performance where anxiety can really _ performance where anxiety can really hit — performance where anxiety can really hit. this helps us tailor— really hit. this helps us tailor our training to make sure — tailor our training to make sure we _ tailor our training to make sure we not only preparing them for what — sure we not only preparing them for what happens onstage under the lights in front of the audience were also having coping _ audience were also having coping backstage with them how
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they manage that anxiety, how did they— they manage that anxiety, how did they get themselves physically and mentally into a place — physically and mentally into a place where they are ready to walk— place where they are ready to walk out _ place where they are ready to walk out on stage and ready for the best— walk out on stage and ready for the best performance?- walk out on stage and ready for the best performance? once the students are _ the best performance? once the students are on _ the best performance? once the students are on stage _ the best performance? once the students are on stage at - the best performance? once the students are on stage at george| students are on stage at george can control everything. he change the venue, he can change the reaction to make the night though is well or as badly as he wants. the performance is running software each member of the audience is an individual video game character. they all behave independently and they don't all alway5 behave independently and they don't all always show up. what's really interesting about the spaces there are 64 speakers hidden in the walls and ceilings so if you change the venue that changes the acoustics, which forces you to change your performance. i bet you didn't think artificial intelligence would help you with your anxiety, did you?
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and that's it for this edition of business today. thanks for watching.
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hello. welcome to sports day with me, hugh ferris. our top stories — southampton go marching up to the premier league. they win this so—called richest game in football and promotion from the championship. prince charles of monaco leclerc wins his home grand prix. he hasn't done that before. and the kolkata knight riders win the ipl title for a third time, leaving their opponents firmly in the rear—view mirror.

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