take care. warnings on the state of the global economy as finance officials meet in washington for the imf spring meeting. a potential bright spot, some asian economies are set to outpace the imx growth prospect. we will have analysis. hello and welcome to asia business report. our top story today, the global economy is expected to grow a paltry 3% of the next five years, that's according to the head of the international monetary fund. the comments were made ahead of the imf and world bank spring meetings,

which could lead that kicked off on monday in washington. and north america correspondent is they are and has a preview of those meetings. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the worlds finance ministers and central bankers all meeting in washington this week the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain global economic outlook the imf believes many more countries will be looking to the imf for help.

for more we can speak now to don lipski, he's a share of the national bureau of international research and also in washington for those meetings. great to get you on the programme. in the first instance, we've heard from my colleague about the imx projections for this year and over the next few years —— i that's even suctioning dues factoring in china's foot that you agree with that?— factoring in china's foot that you agree with that? yes, broadly. the real question _ agree with that? yes, broadly. the real question is _ agree with that? yes, broadly. the real question is about _ agree with that? yes, broadly. the real question is about the - real question is about the persistence of him placing. the pessimist think that central banks and advanced economies are going to have to produce the serious risk of a recession in order to meet their inflation targets. inflation optimists think that it will be more benign and a better outlook, perhaps better even than the imf and world bank are looking for. but if inflation is the key there is little

reason to think we are looking towards a boom.— reason to think we are looking towards a boom. ~ . , , , towards a boom. what is your sense of how central _ towards a boom. what is your sense of how central banking _ towards a boom. what is your sense of how central banking presented i of how central banking presented eight particular us central bank managing inflation? given the upheaval we seen in financial markets with regards to this. certainly that is the second theme along with the outlook for the key economies is the issue of financial stability obviously, that's a key importance to the federal reserve and other central banks. right now we are in a situation which it is clear economy growth is slowing in key economies was of it is clear that inflation is starting to wane. how much more is going to be needed by central—bank action and whether that rate creates robust financial stability will be one of the central debating points here in washington. i don't think there will be big conclusions drawn but this will be a hot topic. conclusions drawn but this will be a hot toic. ~ . , conclusions drawn but this will be a hot toic. ~ ., , ., conclusions drawn but this will be a hot toic.~ ., , ., ,, conclusions drawn but this will be a hot toic. ~ ., , ., ,, ~ hot topic. what else do you think investors might _ hot topic. what else do you think investors might be _ hot topic. what else do you think investors might be looking - hot topic. what else do you think investors might be looking for.

hot topic. what else do you think investors might be looking for to | investors might be looking for to come out of this meeting in terms of reassurance?— reassurance? there are three other ke oints reassurance? there are three other key points that _ reassurance? there are three other key points that they _ reassurance? there are three other key points that they are _ reassurance? there are three other key points that they are going - reassurance? there are three other key points that they are going to i reassurance? there are three otherj key points that they are going to be addressed in addition to the obvious ones about growth in inflation and financial stability. and that is dealing with sovereign debt. as you correspondent mentoring, the imf expects many more cases of countries with debt distress in the coming months. in a situation in which there is no well—functioning international system to deal with that restructuring of debtor countries. there is going to be a real effort here in washington to try to make progress toward some kind of solution and that means bringing together more than anything private sector, depth or countries and the lending countries and especially between the advanced economies in china. two other points of importance, the debate about climate and climate finance is extremely important and will be

addressed very directly here in washington. the united states and other advanced economies have charged the world bank and other multilateral development banks with developing a much more aggressive stance towards climate finance. john li -s , stance towards climate finance. john lipsky. thank— stance towards climate finance. john lipsky. thank you — stance towards climate finance. john lipsky, thank you so _ stance towards climate finance. john lipsky, thank you so much for joining us on asia business report. despite those concerns about the global economy which is talking about some think that asia will stand out as a bright spot. that's according to the macroeconomic research team at am r 0. expects along with china, japan and south korea to collectively see economic growth of 4.6 degrees this year. that outpaces the forecast was that why the optimism? great to get you on the show. we were just listening to some rather gloomy predictions of what to expect in terms of global economic growth. is age at the

bright spot in all of this? thank ou so bright spot in all of this? thank you so much — bright spot in all of this? thank you so much for— bright spot in all of this? thank you so much for having - bright spot in all of this? thank you so much for having me. - bright spot in all of this? thank - you so much for having me. indeed, look at the outlook report last week we have revised our regional forecasts as mentioned for .6% up to 4.3%. indeed we are optimistic of the growth outlook for asia. there are a couple of considerations, to i can give you some of the driving factors for the one, we do see that the robust growth in the region will be anchored by robust domestic demand, benefiting from cooler economic opening. in particular we look at private consumption. this is expected to remain resilient. mainly driven by pent—up demand and this notion of revenge spending. the presumption of the late in investment activities who support private investment. just investment activities who support

private investment.— investment activities who support private investment. just to “ump in, which countries * private investment. just to “ump in, which countries do h private investment. just to “ump in, which countries do you _ private investment. just to “ump in, which countries do you see_ private investment. just to jump in, which countries do you see as - private investment. just to jump in, which countries do you see as the l which countries do you see as the standouts in the bright spot area? certainly china. we are optimistic that the growth forecast of five by 5% this year is really achievable. partly because of the current reopening story, which is everyone knows is earlier than expected. we do expect this huge drawdown of excess savings resulting in pent—up demand and spending that will really drive forward china for this year. the chinese economy also depends on strong exports to the rest of the world. if we've got a situation where global growth is slowing, how much are you seeing that impact outlook for china and subsequently the rest of asia?—

the rest of asia? certainly with a slowin: the rest of asia? certainly with a slowing global— the rest of asia? certainly with a slowing global road, _ the rest of asia? certainly with a slowing global road, look- the rest of asia? certainly with a slowing global road, look at - the rest of asia? certainly with a slowing global road, look at the | the rest of asia? certainly with a i slowing global road, look at the us and europe, there are headwinds but we are optimistic because of the opening up of the economies and economic reopening, domestic story will be the key driver if you look at china alone the magnitude of excess savings as amounting to close to 20 trillion are in default of this sort of revenge spending, pent—up demand will re—drive the other part of the equation, not so much the external size because we know there are headwinds but within the region over the past couple years the region has become more resilient in terms of sourcing, the demand within itself, consuming goods and services and interest rates. ., ~' , ., goods and services and interest rates. . ~ , ., goods and services and interest rates. . ~ . ., goods and services and interest rates. . . ., ., rates. thank you so much for “oining us on asia business �* rates. thank you so much for “oining us on asia business report. h rates. thank you so much forjoining us on asia business report. let's - us on asia business report. let's

turn to tech. shipments of personal computers globally dropped by almost a third in the first three months of this year. as fears of economic recessions it starts to bite. that's according to market research from idc, one of the company hit the hardest was apple. a business report is katie silva, she's been looking into the story for us. katie, always great to get you on the shelf what does the research tell us? the? does the research tell us? they looked at the _ does the research tell us? they looked at the five _ does the research tell us? they looked at the five biggest - does the research tell us? tia: looked at the five biggest players in the pc market, that is blue novo, hp, delland basis in the pc market, that is blue novo, hp, dell and basis overall the first three months of this year compared to the same time last year it was 57 million their computers was up that is a drop of close to 30%. the hardest hit amongst them was apple. we saw a 4% drop in apple computers. they also lost a significant amount of their market share. they had been about 8% of the pc market down to seven. there are three major reasons they gave her why this is the case was of the first weak demand for top

computers, technology, but clearly the darlings of the pandemic. many people forced to stay at home or work from home of course and went bought new computers in order to get through the pandemic. now the same perhaps we are seeing a return to the new normal. lower numbers and perhaps this is going to be here to stay. they cannot necessarily keep up stay. they cannot necessarily keep up the high numbers. the other part of this is the global macro economic forecasts for the a few years of recession and many people struggling to pay their home loans, given the high interest rates at the moment. ordering a new computer, particularly when you may have upgraded during the pandemic is necessarily on the top of your to do list for that when it comes to apple, which has seen by many as a real luxury brand, demand for them will hit harder. and the final reason for them is when it comes to inventory. many saying there is a glutton inventory and that is going to stabilise by the end of this year. were going to have to wait and say. year. were going to have to wait and sa . �* , year. were going to have to wait and sa . ~ , ., , .,

year. were going to have to wait and sa. ., ~ , say. always get to get you keeping us up-to-date _ say. always get to get you keeping us up-to-date thank— say. always get to get you keeping us up-to-date thank you _ say. always get to get you keeping us up-to-date thank you so - say. always get to get you keeping us up-to-date thank you so much. | say. always get to get you keeping i us up-to-date thank you so much. do us up—to—date thank you so much. do state with bbc news. reading, it's not something that comes easy for everyone. for 35—year—old aaron it's been a struggle. i 35-year-old aaron it's been a stru: ule. .,, 35-year-old aaron it's been a struggle-— 35-year-old aaron it's been a stru le. .,, ., , struggle. i was really scared, i felt embarrassed, _ struggle. i was really scared, i felt embarrassed, quite - struggle. i was really scared, i felt embarrassed, quite silly, l struggle. i was really scared, i| felt embarrassed, quite silly, if i'm honest. but now i'm part of myself for doing it.— i'm honest. but now i'm part of myself for doing it. twice a week aaron has a _ myself for doing it. twice a week aaron has a coach _ myself for doing it. twice a week aaron has a coach session - myself for doing it. twice a week aaron has a coach session with i myself for doing it. twice a week| aaron has a coach session with ed myself for doing it. twice a week - aaron has a coach session with ed to break down big and complicated words. legislation. legislation. and he's doing this someone very special person. he's doing this someone very special erson. �* ., ., ., person. i've got a little girl and she likes me _ person. i've got a little girl and she likes me to _ person. i've got a little girl and she likes me to read _ person. i've got a little girl and she likes me to read books - person. i've got a little girl andj she likes me to read books and person. i've got a little girl and - she likes me to read books and stuff to her i peppa pe, ben and holly and

hey duggee. and because i couldn't read properly i seized the opportunity to learn how to read better. �* ., better. and, a retired speech theraist better. and, a retired speech therapist wanted to - better. and, a retired speech therapist wanted to use her. therapist wanted to use her skills to help people like aaron. i’m therapist wanted to use her skills to help people like aaron. i'm are ofthe to help people like aaron. i'm are of the people that _ to help people like aaron. i'm are of the people that come - to help people like aaron. i'm are of the people that come along - of the people that come along because they are so brave to start in the first— because they are so brave to start in the first place for them and hold your hand — in the first place for them and hold your hand up and say i need some hel. �* �* �* , ., your hand up and say i need some hel. “ h . ., ., help. the bbc's learning to read at 51 which a blade also _ help. the bbc's learning to read at 51 which a blade also had _ help. the bbc's learning to read at 51 which a blade also had quite - help. the bbc's learning to read at 51 which a blade also had quite the| 51 which a blade also had quite the impact on people. reading groups in this region went from six in 2021 to 15 by the end of 2022. fine 15 by the end of 2022. one what thing i want _ 15 by the end of 2022. one what thing i want you to _ 15 by the end of 2022. one what thing i want you to know. - 15 by the end of 2022. one what thing i want you to know. if i - 15 by the end of 2022. one what| thing i want you to know. if i can do it anybody can do it.

aspin a spin class with people looking for that feel good feeling that follows exercise, except everyone taking part here is dealing with a disease that has no cure. the class is

specially adapted for people with parkinson's. julia is 60 now but at 43 she found her parkinson's would affect survive. just 43 she found her parkinson's would affect survive-— affect survive. just a switch of my little finger- _ affect survive. just a switch of my little finger. about _ affect survive. just a switch of my little finger. about a _ affect survive. just a switch of my little finger. about a month - little finger. about a month is spread across my hands was up until about five years ago i felt quite good. about five years ago i felt quite aood. �* �* , �* , about five years ago i felt quite aood. m h ., , about five years ago i felt quite aood. �*, i, ., about five years ago i felt quite ood. . , �*, ., i, ., ., good. and austin's “ourney began two ears a . o. good. and austin's “ourney began two years ago. i _ good. and austin's “ourney began two years ago. rfeu — good. and austin's journey began two years ago. i felt very _ good. and austin's journey began two years ago. i felt very stiff— good. and austin's journey began two years ago. i felt very stiff in _ good. and austin's journey began two years ago. i felt very stiff in my - years ago. i felt very stiff in my body— years ago. i felt very stiff in my body and — years ago. i felt very stiff in my body and everything. i've played for bristol _ body and everything. i've played for bristol in england a couple of times with him _ bristol in england a couple of times with him is— bristol in england a couple of times with him is a bit of a shock. the team say after— with him is a bit of a shock. the team say afterjust _ with him is a bit of a shock. tie: team say afterjust a few team say after just a few sessions they are already seeing the difference. we they are already seeing the difference.— they are already seeing the difference. ~ ., , , ., difference. we had people before cle do difference. we had people before cycle do honour— difference. we had people before cycle do honour our— difference. we had people before cycle do honour our sessions - difference. we had people before cycle do honour our sessions at i difference. we had people before i cycle do honour our sessions at one of our classes really struggled to get the lock onto the bike, do the exercise, get on the bike you have no problems at all. it’s exercise, get on the bike you have no problems at all.— no problems at all. it's an instant im act. no problems at all. it's an instant impact- their— no problems at all. it's an instant impact. their observations - no problems at all. it's an instant impact. their observations are i no problems at all. it's an instant i impact. their observations are being backed by science.— backed by science. being active can actually help _ backed by science. being active can actually help the — backed by science. being active can actually help the brain _ backed by science. being active can actually help the brain and - backed by science. being active can actually help the brain and how- backed by science. being active can actually help the brain and how it i actually help the brain and how it works _ actually help the brain and how it works if— actually help the brain and how it works. if using the chemical dopamine a lot better. that was also parkinson's —

dopamine a lot better. that was also parkinson's. there's 145,000 people diagnosed _ parkinson's. there's 145,000 people diagnosed in parkinson's. there's145,000 people diagnosed in the uk with parkinson's. so the more that we can provide _ parkinson's. so the more that we can provide for— parkinson's. so the more that we can provide for that community the hetter~ — hello, i'mjane dougall, with the latest from the bbc sport centre. coming up on the programme... no nadal, alcaraz absent, and now ciao to cam — as norrie suffers a shock early exit at the monte carlo masters. not a night to remember at the nou camp, but barcelona move a point closer to their first league title in four years. and super stoinis shines for the super kings, as they snatch a dramatic last—gasp victory in the indian premier league. hello and thanks forjoining us, here's your latest sports news.