Skip to main content

tv   Asia Business Report  BBC News  July 18, 2023 12:30am-12:45am BST

12:30 am
' featured featured rising 'featured rising en 'featured rising on of quarterfeatured rising on of employment, also called from concern. the direction of us interest rates and the fed expected to take place next week comes amid an earnings season showing strong results for corporate america. i spoke to a manager who says that she's expecting china to step up she's expecting china to step up support for the economy. over the next six months, we should see an increase in the chinese government, because they have set up target that they have set up target that they will try very hard to get to. it was a minor shrink on what was achieved in the first quarter. we do think the government has stepped up in the last month or so it's support for the cyclical sector. we are seeing slight improvements now in the last month. we do hope that gets
12:31 am
translated it in the following six months. the financial markets are very much looking forward to stepping up in this business. a, , forward to stepping up in this business. n, , , forward to stepping up in this business. , , ., , business. may be this economy isn't going _ business. may be this economy isn't going to — business. may be this economy isn't going to hit _ business. may be this economy isn't going to hit a _ business. may be this economy isn't going to hit a recession. i isn't going to hit a recession. what is that true? are those worries is starting to fade? somewhat it is, and this is on the other side of the coin, perhaps it's not so good because it would mean that the corporate earnings are very resilient. maybe they need to be more interest rates. it was showing very strong... perhaps it's not. _, , showing very strong... perhaps it's not. , ., �*, it's not. one company that's been at the _ it's not. one company that's been at the centre _ it's not. one company that's been at the centre is - it's not. one company that's been at the centre is ever i been at the centre is ever grand, the most indebted property development. the
12:32 am
company posted a combined loss of more than $80 billion in 2021 and 2022. it also saw a rise in total liabilities with one of the largest debt piles in china. the debt problem has rippled through the property sector. let's go now to climate change, and if you've been watching the bbc news for the last couple of days, you've heard about the record high temperatures that are being recorded in china and elsewhere. the united states climate envoyjohn kerry is visiting beijing to press for more progress on tackling climate change. beijing and washington have great commercial hopes pinned on a transition to renewables in the next few decades. but even though they are competing to supply the new technology, that will make the transition possible. they also agree on new clauses of global warming. i spoke to environmental economic expert frank yhat so, and he told the both sides of
12:33 am
the covenant —— see technology is key to tackling climate change. is key to tackling climate chance. ., ., is key to tackling climate chanie, ., ., _, change. how to continue economic— change. how to continue economic growth - change. how to continue economic growth and - change. how to continue - economic growth and improve living conditions is really the key aspect of that, and both the us and china are technology leaders, so both the economic opportunities. these countries are the biggest investors in renewable energy. are they making any dent in bringing down admissions levels? yes, we see continued _ down admissions levels? yes, we see continued declines _ down admissions levels? yes, we see continued declines in - see continued declines in emissions, so china's emissions group at tremendous rates in early 2010s, then flatlined. it has been on a slight upward tradition very, and that contrasts with china's pledge to peak its emissions by 2030. normal increases sometime before 2030. the expectation is china acts on that, on the hope
12:34 am
is that china can bring the peaking of its emissions forward and engineer a rapid decline of emissions. china is by far the largest greenhouse gas emitter and the world's action on climate cannot be effective without effective action and leadership by both china and the united states. one area where the us and china can't see eye to eye on is the semi conductor tips. so much show that a major industry trade group �*s urging the biden administration to hold back on trade restrictions with china until the industry has a chance to evaluate the impact on current restrictions. here's the bbc�*s michelle fleury. imilli the bbc's michelle fleury. with businesses _ the bbc's michelle fleury. with businesses caught _ the bbc's michelle fleury. with businesses caught in _ the bbc's michelle fleury. tn businesses caught in the crossfire, now a major american lobby group is speaking up. the semiconductor industry association is pricing fight
12:35 am
in's administration from furthering relations... the message delivered as she chief executives supposedly descended on washington this week to press their views on china policy. it comes as the temperature of the us china tech war keeps rising. china recently introduced exports on raw materials used in making chips. the statement also because it is the biden administration is considering further will tightening. administration is considering furtherwill tightening. —— further will tightening. —— rule tightening. furtherwill tightening. —— rule tightening. it is urging the government to hit the pause button to give the industry time to evaluate the impact of any current or future moves and to ensure that they are fully coordinated with allies. that's michelle fleury _ coordinated with allies. that's michelle fleury in _ coordinated with allies. that's michelle fleury in new- coordinated with allies. that's michelle fleury in new york. | michelle fleury in new york. with the fee for women's world
12:36 am
cup turning off this week, equal pay for male and female players remains a hot button issue. australia's women's team has been on the forefront of narrowing the gap. katie silver has more from sydney. we're seeing an increase around the streets, and about ten minutes that way is where the football stadium is, when the matildas will take on ireland. the matildas have made headlines for reasons other than football. they had put up a video, 22 matildas, reflecting on the journey that the matildas have gone through. who better to speak to then take gill, a former matilda herself. now you
12:37 am
jointly lead up the organisation of professional footballer �*s australia. tell me, you stopped playing in 2016 at the international level. what have you seen in your time as a matilda and the way things have developed?— have developed? progress has been pretty — have developed? progress has been pretty rapid _ have developed? progress has been pretty rapid in _ have developed? progress has been pretty rapid in the - have developed? progress has been pretty rapid in the last i been pretty rapid in the last decade. if we look at the matildas' context, they've gone from suing their own coat of arms and asking for their kids to be watched as a minimum, to now having parity. thejourney has been a long and winding and they know they stand on the shoulders of giants of pave the way for them, but they also know that they need to keep progressing the game forward. i was struck as well that they had advocate to have their laundry done before them. you mentioned how they stand on the shoulders of giants. they certainly see themselves as
12:38 am
advocates globally because they have managed to secure this amazing agreement. can you talk us through what that achievement was? in us through what that achievement was? ::' ' achievement was? in 2019, the -la ers achievement was? in 2019, the players and _ achievement was? in 2019, the players and the _ achievement was? in 2019, the players and the federation - achievement was? in 2019, the players and the federation at l players and the federation at the time, which is now football australia, ought to leap forward and how they professionalize the women game. both of our national teams could achieve the same glory effectively so that meant they have the same resourcing, payment structure and same conditions wrapped around the national team environment. what's that none is driven the games forward and allow brings to be ambitious about where they want to be. they also know they want to be. they also know they are eight fortunate position to bargain their rights, which is in the luxury for a number of players. i think that was really clear in
12:39 am
the message that collective bargaining as a human right. i think that really much is speaking about the fact that needs to be a prerequisite for footballers of.— footballers of. kate skill, and indeed, this _ footballers of. kate skill, and indeed, this is _ footballers of. kate skill, and indeed, this is meant - footballers of. kate skill, and indeed, this is meant as - footballers of. kate skill, and indeed, this is meant as a - indeed, this is meant as a watershed moment —— ill. we've seen various countries around the world advocating it, including the matildas. this tournament's do to kick off thursday evening. forward's shares closed down 6% after the us car—maker escalated a price war in the vehicle industry. is by much as 17%, as it aims to boost its share of the market dominated by tesla. the detroit—based auto—maker said it was able to cut prices following improvements in scale and battery raw material costs.
12:40 am
ford's tv sales fell nearly 3%. that's all we have on this addition on asia business report. you couldn't visit our website, bbc .com/ news. i'm monica miller. thanks for watching. bbc news — bringing you different stories from across the uk. precious was six years old when she was taken into care. now 1a, she's using her voice to help change life for people like her. to make sure children in care are, like, seen as people, really. she's part of a national campaign to ensure care—experienced people have protection against discrimination. a motion by precious and oldham youth council was passed by the local authority to ensure the needs of care—experienced people are part of local decision—making. and last month, precious took a petition to number ten to push for more protection in law. terry galloway is leading the campaign to make care
12:41 am
a protected characteristic — like gender, race and sexuality. at the moment, there's a big focus on children's social care, but the care experience doesn't end at 18. the care experience is for life. the government says they don't believe... instead, they're. .. but the campaign will continue at a local level. for more stories from across the uk, head to the bbc news website. hey, i'm zof with the catch up. tonight — ai continues to threaten jobs, an exciting development for dementia and a survival hero at sea. lucy spraggan hasn't said being on x factor in 2012 felt like being in an abusive relationship.
12:42 am
she's now revealed the reason she left the itv show quickly after week three of the contest was because she had been raped and wasn't actually ill, which was what was reported on at the time. lucy also says the industry needs to change to better protect people taking part in reality tv shows. itv have said they are evolving their duty of care processes. some other stories for you now. unions could be restricted in recruiting students to poor—quality courses. rishi sunak has said he wants to put an end to people being taken advantage of. more on al, then — the new head of the government's ai task force has told the bbc that protecting british jobs will be a challenge, as a1 systems have become more advanced. there have already been reports of multiple drop job losses of multiple job losses because of it. and next, could there be a turning point in the fight against dementia? following a global trial, a new
12:43 am
drug has confirmed it slows the cognitive decline. time now for ten seconds of survival madness. this australian sailor and his dog survived two months in the pacific ocean by eating only raw fish and drinking rainwater. i can't imagine that tasted nice, but it did do the trick of keeping them alive, which is of course all that matters. you're all caught up now. see you later.
12:44 am
hello and welcome to sportsday. i'm paul scott at the bbc sport centre. here's what's coming up. now or never. england recall their all—time leading wicket—taker for the must win 11th ashes test against australia. three days before the women's world cup, a plea from the co—hosts as they make their voices heard over prize money. the para—athletics world championships come to an end — we hearfrom one of the stand out performers, the stand—out performers, 14—time world champion hannah cockroft.

46 Views

info Stream Only

Uploaded by TV Archive on