tv Asia Business Report BBC News April 18, 2023 12:30am-12:46am BST
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beijing is said to release the first indicators of china's post covid—19 economy and political tensions rise again in the us is the republican leader criticises president biden over the us debt ceiling. hello and welcome to asia business report. markets in asia are awaiting in anticipation for economic data out of china and if you are his time, beijing will release its gdp figures among a host of other key data. the quarterly figures were the presence beijing strapped in zero
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covid—19 restrictions late last year. the chief economist told me that she is expecting to see an economic rebound but warned that the optimism could fade in subsequent quarters. in that the optimism could fade in subsequent quarters.— subsequent quarters. in terms of gdp growth. _ subsequent quarters. in terms of gdp growth, and _ subsequent quarters. in terms of gdp growth, and it's - subsequent quarters. in terms of gdp growth, and it's very i of gdp growth, and it's very likely— of gdp growth, and it's very likely to _ of gdp growth, and it's very likely to exceed expectations because the trade details were exceptional. now, we anticipated growth rate of around _ anticipated growth rate of around 4.5% and in terms of infrastructure, housing, consumption, all those figures will improve significantly in the first— will improve significantly in the first quarter as well. might _ the first quarter as well. might be some downside and risks— might be some downside and risks but_ might be some downside and risks but it will mostly show up risks but it will mostly show up in — risks but it will mostly show up in the _ risks but it will mostly show up in the coming month in the first— up in the coming month in the first quarter data, probably in bright — first quarter data, probably in bright spots. the first quarter data, probably in bright 5p°ts-_ bright spots. the first set of numbers — bright spots. the first set of numbers that _ bright spots. the first set of numbers that were - bright spots. the first set of numbers that were getting i bright spots. the first set of| numbers that were getting in the first pandemic restriction era and we really going to get a sense of how china has recovered but cannot sustain that growth coming forward?
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between the macro figures in the perceptions of the general public— the perceptions of the general public and maybe there is a delay— public and maybe there is a delay between the economic extension and the income growth but what's — extension and the income growth but what's more likely to happen— but what's more likely to happen in the coming months is that people make it over the hationai— that people make it over the national high, the original eye of the — national high, the original eye of the reopening of the manufacturing demand might deciihe — manufacturing demand might decline which can lead to a booming export because the global— booming export because the global economy is slowing down rether— global economy is slowing down rather than speeding up and for domestic— rather than speeding up and for domestic consumption, it is certainly— domestic consumption, it is certainly picking up and more sighs— certainly picking up and more sighs of— certainly picking up and more signs of income growth, people might— signs of income growth, people might constrain even further. i think— might constrain even further. i think we're off a great start but in — think we're off a great start but in the previous month, it is still— but in the previous month, it
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is still strong.— but in the previous month, it is still strong. they've ended the session _ is still strong. they've ended the session following - is still strong. they've ended the session following reports that the smartphone maker is considering switching the default search engine on devices to being, the arrival of microsoft and bf to be so is been looking at this is story for us and it's a significant development in a bit of a blow for google. and whether or not this is confirmed. it is for google. and whether or not this is confirmed.— this is confirmed. it is hit share prices _ this is confirmed. it is hit share prices significantly | this is confirmed. it is hit - share prices significantly and the parent company of google and in the days of training, thatis and in the days of training, that is a loss in the order of $50 billion and microsoft had arise and it says that they're considering the default search engine from this to being and
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being has for a long time been a relatively small player in the market group. google has been the dominant player taking up been the dominant player taking up 80% of market share hundred $60 billion of the year. it makes so much by these deals that it has with apple and samsung to be the default search engine, it pays them billions for the privilege. whether this is going to come to pass remains to be seen which is that google has some ways to go when it comes to making up a lot of space we've seen. . ~' making up a lot of space we've seen. ., ~ i. ., making up a lot of space we've seen. ., ~ ., ~ , , seen. thank you for keeping us u . seen. thank you for keeping us u- to seen. thank you for keeping us up to date _ seen. thank you for keeping us up to date there. _ seen. thank you for keeping us up to date there. apple - seen. thank you for keeping us up to date there. apple has - up to date there. apple has entered the competition for bank deposits in the iphone maker in the high—yield savings account that will pay an annual percentage yield of 4%. it is available in conjunction with the credit card and it's the tech companies latest absent of the financial services space but here's the catch, the savings are only available to us residents. in the us,
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political and economic tensions have again with the us house of representatives criticising president biden a0 because reckless spending in a speech at the new york stock exchange. the us treasury reached its debt limit of $31 trillion earlier this year and prompting the introduction of special temporary measures to allow her to continue borrowing but this is due to expire injune and i spoke to the head of publics policy and the implications in the immediate terms stability implications would be catastrophic and we have never seen that before. find catastrophic and we have never seen that before.— seen that before. and it will be anyone's _ seen that before. and it will be anyone's guess - seen that before. and it will be anyone's guess in - seen that before. and it will be anyone's guess in terms| seen that before. and it will. be anyone's guess in terms of the policy and folks estimated what the impact would be including potential large drawdown in 30% drawdown according to the federal reserve and the study they did an increase in interest rates
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and this is all hypothetical we have not seen a breach of the debt ceiling and more importantly, i don't think we will see one, there is no political incentive to actually take the debt ceiling over the deadline and we think there will be a resolution though probably not until we've seen before. , ., ,, , ., before. the high-stakes trial of fox news _ before. the high-stakes trial of fox news is _ before. the high-stakes trial of fox news is due _ before. the high-stakes trial of fox news is due to - before. the high-stakes trial| of fox news is due to happen before. the high-stakes trial- of fox news is due to happen on tuesday. were from outside the courthouse eric to visit that the one day delay has fuelled speculation of a settlement between the two parties and on the courthouse steps to avoid trial. not only would that reduce the risk by putting this matter in the hands of a jury, it would also spare rupert murdoch from being compelled to testify. it could be by mid
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week that the billionaire chair fox news is on the stand answering questions under the minions lawyers. mr murdock was more used to asking questions and answering them, you have to defend the networks decision to allow its hosts and guests to make false claims by the election in 2020 which he knew to be untrue. tucker carlson and sean hannity, two of the two network stars could also be on the stands in a matter of days answering questions. but if settlement talks are getting serious, one possible stumbling block to connect plot, they have hundreds of millions of dollars apart from the minions worth in the dollar amount on damages. and it's not the first time the two have considered settling, they met with the mediator back in december but no deal was reached. so, while they may be a renewed sense of urgency to reach an agreement, the clock is ticking down to the clock is ticking down to the start of the trial here in delaware. with the efforts last month to make health care a
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right and highlight the difficulties in pursuing health care reform there. state legislatures passed a law requiring all hospitals to provide emergency treatment everyone but that ran into stiff opposition from private doctors, forcing the local government to backtrack halfway. suffering from throat cancer, it is a cruel disease, even worse if you are poor. he has been forced to sleep outside the hospital for the last 22 days, he cannot afford a bed. ~ ;;:: :: last 22 days, he cannot afford a bed. ~ g; :: :: ,, last 22 days, he cannot afford a bed. ~ ;;:: :: ,, ., a bed. we live 300 km away. there's no — a bed. we live 300 km away. there's no hospital _ a bed. we live 300 km away. there's no hospital for - a bed. we live 300 km away. there's no hospital for this i there's no hospitalfor this treatment there and so we have to come here. we had no choice but to stay on the pavement because we cannot afford $22 for the bed.— because we cannot afford $22 for the bed. what you see here is what you _ for the bed. what you see here is what you see _ for the bed. what you see here is what you see most _ for the bed. what you see here is what you see most in - for the bed. what you see here is what you see most in india. | is what you see most in india. in big crowds and long lines of people waiting to be served and
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they get more patients and they have the capacity to handle. but in the first, the state asked for the right to have a lot of last month making health care a legal entitlement. in providing free emergency care to anyone who walked through their doors. doctors of private hospitals when to strike and arguing legislation was not clear on how it would reimburse private hospitals for treating patients. it private hospitals for treating atients. , ., ., , patients. it is not on this profession, _ patients. it is not on this profession, the - patients. it is not on this - profession, the responsibility goes — profession, the responsibility goes to— profession, the responsibility goes to them and responsibility close _ goes to them and responsibility close to — goes to them and responsibility close to them. the goes to them and responsibility close to them.— close to them. the state government _ close to them. the state government eventually l close to them. the state - government eventually agreed to exclude most facilities from this requirement. it suffers from chronic investment in the ratio of doctors to patients is
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far below the prescribed standards and out—of—pocket spending on health care remains very high. and according to the world health organization, medical bills push 55 million indians in the poverty every year. the government cannot provide on private institutions to plug these gaps. s should be guiding the state to provide the care and the gdp provisions for health care and without which, it's not even a pipe dream. regulation alone will not help, i it is hand—in—hand with more public spending to make health care more accessible to millions of the populace. that is it from us and thank you so much for watching the business report in to stay with
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bbc news for the latest global headlines and analysis and i will see back of the business news in an hour. —— be back. there are seaside city puffins and one or two of them nestled away in towns and villages. but now, the trail is coming to an end. it will make people come from all over the country and people have come back to her three times a week dedicated to the whole thing on a bicycle and one day we've had people who were local who said they've ended up going to places and finding things that they never knew were there. they were decorated by artists before going on display last may. and of presenting the importance of
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wildlife and local stories, including this one of amy johnson. s actually fits them centrestage and in the heart space, the plane she was flying in like the real—life inspiration, they were hit with puffins boxes and sophie takers. i puffins boxes and sophie takers. ~' , , �*, takers. i like it because it's so colourful. _ takers. i like it because it's so colourful. it's _ takers. i like it because it's so colourful. it's only - takers. i like it because it's so colourful. it's only for. takers. i like it because it's. so colourful. it's only for the children as _ so colourful. it's only for the children as well. _ so colourful. it's only for the children as well. quite - children as well. quite addictive, _ children as well. quite addictive, have - children as well. quite addictive, have to - children as well. quitej addictive, have to say. children as well. quite - addictive, have to say. and in addictive, have to say. and in a warehouse _ addictive, have to say. and in a warehouse before _ addictive, have to say. and in a warehouse before the - addictive, have to say. and in | a warehouse before the whole colony migrates. hello there. this is the catch up. uk prime minister rishi sunak says he wants all school pupils in england to study some maths internal, will not be compulsory into the a level but
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auntie matt's mindset is holding back the uk economy. and we were changed where system works. 50 and we were changed where system works.— and we were changed where system works. so that everyone in our country — system works. so that everyone in our country will _ system works. so that everyone in our country will study - system works. so that everyone in our country will study some i in our country will study some form of maths all the way to 18. , ., , ., , 18. of these four people between _ 18. of these four people between the _ 18. of these four people between the ages - 18. of these four people between the ages of- 18. of these four people i between the ages of seven 18. of these four people - between the ages of seven and 23 were killed as teenagers birthday party in alabama at the weekend. a younger football star has been named as one of the victims. some of the stories now, researchers have found air pollution causes harm to people in all stages of life, certain particles can lead to miscarriages and low sperm count and stone children's lung growth, they say have you heard of it and you may have heard about it now because the national park has announced that it will use its language in name only in the
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future. time to leave you with ten seconds of shock. this man was having a nice relaxed outside of the united states and when a black bear came a bit too close for comfort. you're all caught up now and have a good night and goodbye. hundreds of people across the world of one task. we draw as much money as possible. this strike is courtesy of the lazarus group. a network of hackers allegedly operating on behalf of a country which denies all involvement. north korea. join me for equipping a
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new series of the podcast. the lazarus heist. listen first on bbc sounds. hello, from the bbc sport centre. coming up on this programme, drama at the crucible with play suspended as a protestor interupts the world snooker championship. another heavy home defeat for leeds who remain two points above the relegation zone as liverpool put six past them at elland road. and royal challengers bangalore fall short of the highest run—chase in indian premier league history as they're beaten by chennai super kings. hello and thanks for joining us, here's your latest sports news play at the world snooker championship was suspended after a protester climbed onto one of the tables and covered it in orange powder. another protester tried
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