the french president prepares to wrap up his three—day visit to wrap up his three—day visit to china with some economic winds under his belt. plus, what makes a family business? white levi strauss lasts. we speak with an expert to find out. welcome to asia business report. i am out. welcome to asia business report. iam karishma out. welcome to asia business report. i am karishma vaswani. our top story. the presidents of france and the european commission have wrapped up in a series of high—level meetings with the top chinese leadership. emmanuel macron has called on the chinese president

to the negotiation table over ukraine. the economy it was also high on his agenda and during his three—day visit deals have been struck including on green and nuclear energy. i spoke with a professor earlier from the business school we explained the balancing act that france needs to strike with beijing. what is happening is that president or an invited ursula von der leyen to come with him and they are looking at the different speeches that have been given in beijing. micron is playing the soft parts while ursula bandar lyon is playing the hard part because has warned china several times because of the alleged meddling of china and russia or in ukraine. so president micron is playing this card in order to say we can corporate with china. we are the biggest chinese partner in the economy field so there are ways we can

corporate no while the european commissioner was given warnings. commissioner was given warninqs-_ commissioner was given warninus. . ., , ., warnings. that was a professor talkin: to warnings. that was a professor talking to me _ warnings. that was a professor talking to me about _ warnings. that was a professor talking to me about that - talking to me about that delicate balancing act that france needs to strike with beijing. it's notjust about the economy but politics the pressure. in other big businesses. the crypto currency platform finance will close after the countries regulators targeted the country. the australian relators said the cancellation was requested by the exchange. regular theory scrutiny over finance has increased over the last few months. the operator was alleged to be operating an illegal exchange. let's check on how wall street closed on thursday. you can see on our screen the major industries wrapped up the week in the green despite signs of a

weakening labour market. we will be focused on this later today when the us government releases its latestjob data. michelle story has more. for months now we have been talking about the red—hotjobs market in the united states for the data released earlier this week suggests that bowl is starting to show signs of age. hiring is losing momentum and notjust in a tech sector. the fast food giant, mcdonald's, i noticed the latest downsizing of workforces. just how far the market has closed should become clear when the government releases is job reports for march. there were 240,000 workers hired last month a sharp drop from the 300,000 plus in february and a bigger reduction from the number in january. a gradual slowdown will be good news for america's central bank. the federal

reserve is worried that the tight labour market and higher richards have contributed to inflation. the federal reserve raise the interest rates but they will not be word i was a recession on the horizon. levi strauss is continuing to maintain its annual forecast due to uncertainties. the country companies best known for his levi strand ofjeans. what's less known is that a large part of the 170 euros for mr on by descendents of its founder. i spoke with a person who assisted high revenue families and to spoke over the challenges they face. the families and to spoke over the challenges they face.- challenges they face. the key thin is challenges they face. the key thing is establishing - challenges they face. the key thing is establishing a - thing is establishing a governance structure unlike the succession scenario which protects the family. what you see in the levite situation is

a very strong board of directors, incredible expertise at the board level. they have two family board members who represent the family industry and heavy independence. they have a independent chair and a strong nonfamily leadership team and they have had family members engaged for a while and would something which we see in later stage businesses. something which we consider as business first but acknowledging the family and for a levite it's as strong care for stakeholders and their in environments and their employees. has them showing better values and what they do and at the same time focusing on innovation and focusing on bottom—line performance and making the decisions. bottom-line performance and making the decisions.- making the decisions. let's take it to — making the decisions. let's take it to the _ making the decisions. let's take it to the uk _ making the decisions. let's take it to the uk know - making the decisions. let's i take it to the uk know where making the decisions. let's - take it to the uk know where we are a month away from the coronation of king charles. millions of banknotes featuring the new monarch have been made

and if you're waiting to get your hands on them you have to wait longer. the bbc was given exclusive access to the printing process. take a look. here's your change, and new monarch means a new portrait on banknotes. 0n monarch means a new portrait on banknotes. on this day alone 6 million tenors carrying the image of king charles have been printed by the bank of england. in this highly secure site. they're replacing nearly 5 billion notes of their future and the queen. but on as the older one was to become warmer damage. until now, she has been the only one monarch on banknotes circulated the currency was still be accepted in shops. the king is already under 50p coins but the monarch does not appear on banknotes appearing in bank of scotland or northern ireland. it you may not be lucky enough to have a wad of cash like this, that's

£50,000, but even to just get one of these notes you have to wait until the middle of next year when the king charles notes circle circulars. she pressures that are repair in the next a huge amount has to happen to make sure people getting bees use their banknotes. ., , ., banknotes. thousands of machines _ banknotes. thousands of machines up _ banknotes. thousands of machines up another- banknotes. thousands of - machines up another country take banknotes, things likes cell service, check out and supermarkets and they have to recognise the new designs. people who still use cash to pay, in my budgeted charge and. i think we know it's the biggest change are incorporated, when people didn't want to be touching cash and they started using their phones more, their watches and credit cards. phones more, their watches and credit carde— credit cards. how do you pay? you use these. _ credit cards. how do you pay? you use these. it's _ credit cards. how do you pay? you use these. it's so - credit cards. how do you pay? you use these. it's so faster. you use these. it's so faster and a lot — you use these. it's so faster and a lot easier— you use these. it's so faster and a lot easier and - you use these. it's so faster and a lot easier and quicker| and a lot easier and quicker and — and a lot easier and quicker and you _ and a lot easier and quicker and you keep control so we have

moved _ and you keep control so we have moved on — and you keep control so we have moved on and evolved and that's the future, — moved on and evolved and that's the future, is that? is moved on and evolved and that's the future, is that?— the future, is that? is there anything — the future, is that? is there anything you _ the future, is that? is there anything you use _ the future, is that? is there anything you use cash - the future, is that? is there anything you use cash for l the future, is that? is there - anything you use cash for these days with mark parkin was at the pound mentors. car washes. as a it. may no longer be king but in time and for some time to come, kings will be on that cash. finally if you like a strong brew in the morning you can soon see the price of your java rise. 0ne can soon see the price of your java rise. one of the biggest of the firm said coffee bean prices are 18% higher than before the pandemic and they haven't stopped rising. antonio barbarella, the head of the matzoh, was speaking to us as part of his talking his programme.- part of his talking his programme. part of his talking his rouramme. �*, ., programme. there's a huge concert increase _ programme. there's a huge concert increase and - concert increase and remembering that a company like us is buying in dollars off the new york stock market. the ratio between dollar and euro so important. so, we only,

partially, asked the plastic because increase the consumers. i would say that 50% was absorbed by the company and 50% was given back to the industry. through the market. again, this is after the fact that we can do it because we are a family company. do it because we are a family company-— do it because we are a family coman . �* ., ., ., ., company. antonio, you negotiate with all the _ company. antonio, you negotiate with all the big _ company. antonio, you negotiate with all the big retailers - with all the big retailers around the world. i'm wondering, how difficult have been those negotiations given the surge in prices? i been those negotiations given the surge in prices?— the surge in prices? i would sa , the surge in prices? i would say. it's _ the surge in prices? i would say. it's a — the surge in prices? i would say, it's a tough _ the surge in prices? i would say, it's a tough discussion. but probably thanks to our past years history and the credibility that we also have on the market, we have always been able at the and to find the right plan. it is not an easyjob. the right plan. it is not an easy job-— the right plan. it is not an eas 'ob. �*, ,, ., easy job. let's spend a year ahead. would _ easy job. let's spend a year ahead. would prices - easy job. let's spend a year ahead. would prices be - easy job. let's spend a year i ahead. would prices be higher or lower than today? i

ahead. would prices be higher or lower than today?— or lower than today? i still think that _ or lower than today? i still think that we _ or lower than today? i still think that we didn't - or lower than today? i still think that we didn't see, l or lower than today? i still. think that we didn't see, yes, a small piece of inflation but we with seeds on prices let's say, before the summer. because all companies will raise the prices in october, november, to argue with the trade, normally this is six months' time to show, so i'm not what to say to the cost before poveda but we are going in that direction. i think there will still be a six month where we could have some small surprise yet on inflation.— small surprise yet on inflation. ., inflation. you can catch the full interview _ inflation. you can catch the full interview with - inflation. you can catch the full interview with the - inflation. you can catch the full interview with the head inflation. you can catch the i full interview with the head of the vets are on this week's talking business. the timings are on your screen. you won't want to miss that given the fascinating conversation that aaron has just had and you've just seen with the boss of the coffee bean company. that

brings us to the end of asia business report at this hour. thank you forjoining us. do stay with bbc news. the company was started by my father. we've been in 75 years nearly. we produce it, china plates and commemorative wherefore celebrations. it’s plates and commemorative wherefore celebrations. it's a secial wherefore celebrations. it's a special occasion _ wherefore celebrations. it's a special occasion and - wherefore celebrations. it's a special occasion and it's - wherefore celebrations. it's a special occasion and it's an i special occasion and it's an honour and a privilege. i’m honour and a privilege. i'm john french _ honour and a privilege. i'm john french i _ honour and a privilege. i'm john french i have - honourand a privilege. i'm john french i have been a ceramic— john french i have been a ceramic craft been for nearly 40 years _ ceramic craft been for nearly 40 years. i decided to make for the coronation aps that uses all the — the coronation aps that uses all the skills i have used over the last— all the skills i have used over the last 40 years. the picture here that _ the last 40 years. the picture here that i _ the last 40 years. the picture here that i painted on is the welsh — here that i painted on is the welsh guard uniform. i thought it was— welsh guard uniform. i thought it was good to get that

transition.— it was good to get that transition. where in the circuit court _ transition. where in the circuit court pressures l transition. where in the i circuit court pressures are transition. where in the - circuit court pressures are in 2010 one of his king is budgeted at kings charity regenerative disability with hundreds of thousands of pounds are gathered. it’s hundreds of thousands of pounds are gathered-— are gathered. it's so important us was and _ are gathered. it's so important us was and that's _ are gathered. it's so important us was and that's why - are gathered. it's so important us was and that's why we're i us was and that's why we're grateful. hi i'm rachel with the catch tonight, vegan unities, a dumping ground transformation. first, if you gamble online, the amount of money you can bet could be about to change. the sun newspaper is reporting that the government is introducing a £2 bet limit for online site games. rebecca was 19 when she first started gambling and tell us what life was like for her.

he got to the point where i was just gambling and it was boring but i had to do it because that side of my brain was seen gamble, gamble, gamble. some other stories _ gamble, gamble, gamble. some other stories now. _ gamble, gamble, gamble. some other stories now. how - gamble, gamble, gamble. some other stories now. how would i other stories now. how would you feel about eight vegan unity? students in edinburgh have rejected a vegan plan for their campus. 0nly19% voted yes but similar plans have been approved in other unities in birmingham. frank lampard will makea birmingham. frank lampard will make a surprise return to chelsea for manager onto the end of the season replacing graham potter was sacked earlier this week. now, time to celebrate the thing you guys are doing to make the world a better place. two years ago, this man from liverpool, decided he would turn this place into a garden. i wanted to transform _ place into a garden. i wanted to transform the _ place into a garden. i wanted to transform the line - place into a garden. i wanted to transform the line and - place into a garden. i wanted | to transform the line and turn a disused spot into something useful sup and a space for the

community. useful sup and a space for the community-— community. last up, it's ten seconds _ community. last up, it's ten seconds of— community. last up, it's ten seconds of a _ community. last up, it's ten seconds of a cat _ community. last up, it's tenj seconds of a cat interrupting prayers. the imam needed ramadan evening prayers, calmly carried on by the cat sat on his shoulder. you're all caught up his shoulder. you're all caught up now. have a good night.

hello and welcome to sportsday. i'm hugh ferris. our top stories. three magnificent sevens under par... withjon rahm's recovery from a nightmare start helping him to a share of the masters lead. chloe kelly the key for england again as the lionesses win another big trophy at wembley and an offer he couldn't refuse. two years after he was sacked, frank lampard returns to the chelsea dugout in a caretaker capacity hello again. three players lead the masters after the first round at augusta withjon rahm recovering from a double bogey on the opening hole to be one of those at seven under par. the world number two came back from four putting the first for a six to record a 65 on day one. he's joined at the top of the leaderboard by norway's viktor hovland. who had a bogey free round and at one point had