tv Asia Business Report BBC News February 22, 2019 1:30am-1:46am GMT
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police report claiming he'd been the victim of a homophobic and racist attack. chicago police say he staged the event to promote his career, and that he paid two brothers to carry out the attack. smollett denies the charge. saudi arabia's crown prince mohammed bin salman is in china on the last leg of his asia tour. he's due to sit down with president xijinping on friday afternoon, with trade talks top of his agenda. and this video is trending on bbc.com. visitors at yosemite national park were stunned by this firefall. this happens when light hits a waterfall tumbling down el capitan. the intensity depends on the volume of water and the cloud cover. that's all. stay with bbc world news. and the top story in the uk... the family of shamima begum, the teenager whojoined the islamic state group,
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say they'll officially challenge the decision, to revoke her british citizenship. now on bbc news, live to singapore for asia business report. back at the negotiating table. top us and chinese trade officials are meeting in washington, but can they agree a deal in time? huawei heartbreak. the founder of the chinese technology giant tells bbc about the moment his daughter was arrested. hello, welcome to asia business report. it is a race against the clock in washington, just one week to go to the deadline when donald trump said he would ratchet up tariffs on $250 billion
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worth of chinese goods, and those top officials from the world's two biggest economies have been trying to hammer out a deal today. i spoke earlier with robin brandt in shanghai, andi earlier with robin brandt in shanghai, and i started by asking robin whether the chinese delegation is optimistic they can strike an agreement? i think the truth is it is hard to tell. the official line from the government in beijing yesterday but they have no information on rumours of the six memoranda of understanding the two sides are preparing to sign. but i think we can look at two things as pointers that the chinese think they are optimistic. they think they can get a deal that will suit them, which is about buying stuff as opposed to a deal that is about changing stuff. china's lead negotiator is due to meet donald trump again in washington, dc on friday, and i think they think they can focus on trump, a man who looks more at the stock market reaction
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and is more concerned about the trade imbalance between the two countries. they are trying to focus on him. secondly, there is talk of china pledging to buy a lot more in terms of us agricultural products, a lot more corny, and china thinks it would rather pledge a lot more money, it needs to buy the stuff anyway. but he believes he can buy more stuff, to them that is better than having to change significant things. now how did the americans feel about meeting with donald trump today? to pick up on what robin was saying, absolutely to hear from the american perspective that the chinese will be buying a lot more american goods. that is certainly progress, but what the americans really do want to see is some movement by the chinese to curb some of the activities that it finds really difficult to swallow, for example, the subsidies that you see chinese companies receiving by the government. that really gives an unfair playing field for these american companies that are trying
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to operate in china. the other issue for the americans is that yes, they really wa nt for the americans is that yes, they really want to get a deal, but also of concern is to make sure that deal sticks. in the past there have been some promises made by china to past american administrations, and there is concern that there may be some reneging on any deal that is actually reached between the two. let's turn our attention now to australia, because the australian dollar has been on a bit of a roller coaster ride, that is after a reuters report that customs has been banning imports of australian coal. it says it can also recall imports from all sources to the end of 2019 and i2 from all sources to the end of 2019 and 12 million tonnes. australia's treasure it has played down those concerns, saying treasure it has played down those concerns, saying the move is unlikely to be politically motivated. last month, australia rescinded the visa of a prominent
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chinese businessmen after barring huawei from supplying equipment to its 56 broadband network. let's take a look at where the australian dollar has been trading, because it is currently recovering somewhat after those comments. at $1.14, and earlier i spoke to david lennix, a commodity analyst, who says there has been real impact on the markets. the other night we saw crisis, but if you look at the broader picture, this story actually has been around since august or september of last year when we started to notice that coal shipments going into china were starting to bank up. we also became aware that the inventories around chinese coal were starting to build. so we do believe that at this point in time, it has reached its capacity and they have said that they will not try to get any more shipped into
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the sport primarily because they've got some other key commodities such as iron or that they want to see shipped into that port. so is it a political search we are seeing now? i don't think so, i think it is the fa ct i don't think so, i think it is the fact that the poor is at capacity when it comes to call. david lennix there. earlier this week, when it comes to call. david lennix there. earlierthis week, huawei told the bbc that us emphasis that effo rts told the bbc that us emphasis that efforts to ban it from 56 countries will not crush the chinese company. the technology giant is facing charges in america related to treatment —— stealing trade secrets, while its former finance chief is fighting extradition. in an in—depth interview, this man right here is huawei's founder and ceo, he shared with her how he felt when he heard the news that his daughter had been arrested. translation: when she was detained, as her father, my translation: when she was detained, as herfather, my heart broke. how cani as herfather, my heart broke. how can i watch my child suffer like
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this? but what happened has happened. what can one do? we can only depend on the law to solve this problem. and you can hear more from him, huawei's founder and chief executive on asia's tech titans, the man who built huawei will be on the channel this weekend. the times there on the root touched on your screen. in other news, us authorities are investigating johnson &johnson authorities are investigating johnson & johnson over worries authorities are investigating johnson &johnson over worries about asbestos contamination in its talcum powder products. following reports in december that the firm had known about this for decades. johnson & johnson disputes the reports, saying it is cooperating. the firm also faces numerous lawsuits related to health concerns. the uk says it will not be able to roll over trade deals with japan in not be able to roll over trade deals withjapan in time not be able to roll over trade deals with japan in time for not be able to roll over trade deals withjapan in time for a not be able to roll over trade deals with japan in time for a no—deal brexit. in 2017, liam fox said britain would be unable to replicate
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40 eu britain would be unable to replicate a0 eu trade deals by brexit day. but so a0 eu trade deals by brexit day. but so far, it has only been able to finalise seven agreements. now love it or loathe it, artificial intelligence is a huge part of our lives, and the momentum behind the technology is building. asia—pacific is already a major market for al, banks are currently the biggest customers, spending estimated up to $141 customers, spending estimated up to $1a1 million last year. the region's retail and health care industries are also spending big on the technology, totalling more than $200 billion in 2018. overall it is predicted that revenues in this region are to grow by 1a% to $22 billion by next year. earlier i spoke to one from a software company that provides ai solutions to many firms, and is him how firms are using ai? we see a tremendous growth of artificial intelligence across
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the agent democrat asian region. from japan and china using an growing ai technologies. but we see in banking, people are using ai for fraud detection. in retail, for product recommendations. in health ca re product recommendations. in health care for al power diagnostics. it is really permeating every single industry, and helping people better utilise data so they can make better recommendations, provide better services and really optimise the economy. you mentioned a range of industries there, banking, retail. at which particular industries do you see really utilising ai the most right now? and in which countries? you mention china and japan, but which others? china and japan are definitely leading the charge with regards to artificial intelligence. we see the growth of a high across the world, i believe china is now the world, i believe china is now the number three worldwide leader of ai, which is really fascinating. now
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there are barriers to the widespread adoption of ai, there are all those science—fiction movie scenarios of robots potentially killing humans. and they are real fears, military devices out there do use ai, and investigations going on out there wonder if they could ever harm humans. is that a reality? there is a lwa ys humans. is that a reality? there is always fear that technology could be misused and lead to harm. but overall i think right now we live in peak height of ai where we are looking at both the benefits and fears of new technologies. i do think that actually, the biggest challenge we face right now is a skills shortage, people being able to use these technologies more responsibly, but empowering more and more people to have that capability at their disposal. before we go, let's ta ke at their disposal. before we go, let's take a look at nintendo of america, because it has named a new boss, and guess what? as we look at here, his name is doug bowser. now
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bowser is the name of mario's main menace “— bowser is the name of mario's main menace —— nemesis, that's him right there. we heard earlierfrom the outgoing ceo who posted a fairly nice video message on twitter, saying who better than a man named bowser to hold the keys to nintendo's castle? looking at the markets before we go, this is where they are treating here in asia. you can see they are all fairly flat. taking their cues from wall street which also ended mixed overnight, there were concerns of economic data from us business spending plans. that is it for the show, thanks for watching. this is bbc news, the top stories this hour. the american actorjussie smollett is charged with falsely claiming to be the victim of a racist attack. chicago police have issued a strong condemnation. saudi arabia's crown prince mohammed bin salman is in china with trade talks top of his agenda.
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the mother of a young boy who was allegedly crushed to death behind a car seat has been found guilty of child cruelty, but cleared of his manslaughter. alfie lamb, who was three, died while sitting in the rear footwell of a car. his mother, adrian hoare, had been accused of manslaughter by gross negligence. people who challenge rulings over their disability benefits, are having to wait longer to get the money they're entitled to. a bbc investigation into personal independence payments, has found some claimants in england, scotland and wales, are losing out on hundreds of pounds every month. 0ur social affairs correspondent michael buchanan, has the full story. this is what rejection by the dwp looks like. total, total lies. what she described there was not my daughter. sue lost her daughter, victoria, lastjuly. the 33—year—old had agoraphobia and fibromyalgia, which left her body in constant pain. last march, she was assessed for pip and told she wasn't eligible.
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weeks later, she was admitted to hospital. it destroyed her. she gave up. she wasn't a normal person, she didn't fit into what you would call normal society. but she was a human being... and she was my daughter. and she was my friend, and my world. the week after victoria died, a tribunal decided she was eligible for pip. sue has since successfully sued capita, who carried out the assessment on her daughter, for maladministration effectively making inaccurate statements. she's been awarded £10,000. i didn't do it for the money. i did it for them to try and admit they were wrong. to get some justice for my daughter. because she was ill, and she deserved the support? yeah.
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to let her live? i really believe that if they had not cut her pip off, my daughter would still be here. sue's memories of victoria are understandably clouded by what she considers to be an death. —— an avoidable death. capita told us that the procedural problems meant the court failed to consider the defence against the family's claim. michael buchanan, bbc news. peter tort, a member of the monkeys has died at the age of 60s —— 7/7. he was the bassist and keyboard player of the band which achieved widespread fame in the 1960s. the band had a number of hits, although no cause of death has been given. he was diagnosed with a rare form of cancer in 2009. you can reach me on twitter, i'm @bbcnuala. now on bbc news sport today. hello, welcome to sport today,
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live from the bbc sport centre. coming up on this programme... chelsea move through to the last 16 of the europa league, as the pressure eases slightly on under fire maurizio sarri. taiwan's hsieh su—wei claims another upset victory at the dubai tennis championships, this time beating fourth seed karolina pliskova to reach the last four. and rory mcilroy leads the field by a stroke on eight under par after the first round of the world golf championship event in mexico. hello, and welcome to the programme, where we start with europa league football, and the news that the pressure may have eased slightly on chelsea manager maurizio sarri ahead of sunday's league cup final against manchester city. that's after the blues beat the swedish side malmo 3—0 in the second leg of their last 32 tie.
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