to asia m to asia business re-ort. m monica business report. my monica malina. ourtop business report. my monica malina. our top story this hour morning: italy's defence minister says a roommate and atrocious decision when it joined china's belt and road initiative 12 years ago. he says it's done little to boost exports. italy was the first major western country to join the initiative in 2019. meanwhile on the weekend the italian minister said a decision on the contrary�*s condemning participation on the one is under consideration. the aradox one is under consideration. the paradox with — one is under consideration. iie: paradox with the one is under consideration. i“i;e: paradox with the belt one is under consideration. iie: paradox with the belt and road initiative is that when we are there the nation in the g7 and there the nation in the g7 and the european union we are not the european union we are not the nation but has the best trade with china. that means you can have good relations with china without the belt and road initiative but it is something in my thing and that has to be discussed with chinese government and inside

the italian parliament. the only way, we will take a decision before december. it is the start of _ decision before december. it is the start of a — decision before december. it is the start of a brand—new week and the economies of china and australia are in focus. paging is to release its manufacturing purchases managers index for the month just shortly but we saw contraction over the last three months as china's post covid rebound lost steam. officials are also due to announce new measures to boost domestic consumption a letter on monday and tuesday australia's central bank will unveil its latest rates decision. the central bank earlier hinted it could hike the cost of borrowing again as inflation continues to hover around 6%. later this week as well the bank of japan released the minutes from its latest meeting where authorities have pledged greater flexibility over its closely watched by newell control policy. i spoke with an analyst who gave us his

expectations.— expectations. inflation has been above _ expectations. inflation has been above the _ expectations. inflation has been above the target - expectations. inflation has been above the target of l expectations. inflation has. been above the target of 296 expectations. inflation has- been above the target of 296 to been above the target of 2% to 15 consecutive months now so how much longer do they want to see it go by? that will start affecting demand which is a problem because 70% of the gdp injapan is driven by consumer demands that if we are not seeing that pickup, we're going to have a softer or higher loading than we think. the boj think it is now a little bit flexible and might have to start fighting inflation said. we're looking at the us now where there may be a landing after all of this but what can you tell us about the global economy?— you tell us about the global econom ? ., ., , , economy? the global economy is a little bit divergent _ economy? the global economy is a little bit divergent now. - a little bit divergent now. yes, the us is strong and keep speeding estimates every time so we might have a nomadic scenario there. europe is a little audible because of the energy crisis which is still, oil prices are still at $83 or

$81; so it could still flare—up, europe is still a bit fragile. and asia is a little bit, so you've had the region that opened up to last after the covid lockdown, so it is already delayed and you have a lot of debt, us willeton debt mostly from chinese public companies that is also keeping the merger and interest rates being so high, but is a big financing costs with them. it will be tough asia. they really are the global economy, trade and growth to go back up and that's not happening.- that's not happening. aliens are peeple _ that's not happening. aliens are peeple in _ that's not happening. aliens are people in northern - that's not happening. aliensj are people in northern china including the capital beijing are under a red alert for heavy rain. officials have warned of potential flood and landslide and what looks to be the first heavy rain warning since 2011. this is as the storm continues to sweep over the country, forcing thousands of people to be evacuated from high—risk areas intervention. meanwhile

it's estimated that india has over 20% of the global semiconductor design talent and that has recently attracted investments from major players like amd and micron. about a year and a half after india announced a $10 billion incentive package for chip companies investments finally seem to be coming in. after microcosmic trip went $7 billion commitment to set up a semiconductor assembly and testing plant just semiconductor assembly and testing plantjust a semiconductor assembly and testing plant just a few weeks ago amd said last week that opened its largest persona development centre in. prime minister modi has said the 15% assistance to set up chip manufacturing of the country will mean india could see exponential growth in this sphere. fox concert is optimistic about the direction in which india is headed on chip making. but industry watchers are more cautious. they say while the government will allow india to struggle

its presence in the design assembly and packaging and is of the chip making chain, attracting manufacturing investment will need more work. companies to commit to technology transfers and that “p technology transfers and that up fabrication units, and you will need to undertake structural reforms such as improving its business climate and trade linkages. the country has made some headway is on these fronts but there is still a long way to go. to the us where senators are looking to some developers and experts hearing later this year on possible legislative safeguards over the issue of artificial intelligence. last week dtap players like microsoft, open ai and google announced the formation of a group she looked at how the future of ai applications are developed. earlier i spoke to on the sort of guardrails needed.- earlier i spoke to on the sort of guardrails needed. first of all, we of guardrails needed. first of all. we have _ of guardrails needed. first of all, we have to _ of guardrails needed. first of all, we have to understand i of guardrails needed. first of. all, we have to understand the different risks such as

security is not a new in the digital age budgeted ai has elevated the threat. when we asked ai it was like chatgpt to answer questions or perform tasks, we may also share sensitive information and put in the public domain. thatjust means that there is a heightened chance of such data being used, broadcast far more widely to an audience that includes competitors, customers, regulators, and board members. actually, research done by cyber haven, data security company, found that of data employees pace into ai tools is actually confidential. so, in terms of the guardrails, and accent show we actually believe that there is no—one size fits all. a holistic approach is very much needed. beyond regulation and governance, gas, it starts with regulation by governments and

regulatory bodies, one of the research we have also recently done, a survey which found nine and ten apec organisation supports some level of government regulation around ai. ,, , ., government regulation around al. ,, , ., government regulation around al. ,, ., ai. still staying on the topic of tax, ai. still staying on the topic of tax. one _ ai. still staying on the topic of tax, one of _ ai. still staying on the topic of tax, one of the _ ai. still staying on the topic of tax, one of the most - ai. still staying on the topic . of tax, one of the most famous centres for science in the world, cern, on the border of switzerland and france, its high—energy physics research has helped unveil some of the secrets of our existence. the bbc visited the facility and met some of the robots used there. iam i am eloise matheson, amoco phonics engineer at cern, welcome to our robotics workshop. this is one of our modular robots and we use regularly for inspection maintenance or repair tasks and excelerator complex. it has wheels that can move side to side easily. we might send

robots to an area where a human might not want to go either due to risk of oxidant depletion or gas leaks, or even if there is the presence of radiation. it has lots of sensors, mostly we use cameras, to give what we call tele— presence the operator has a more intuitive way of controlling and interaction with the robot. here you are looking at the beginnings of the prototype, which could be worth the future of cern is going with you could build and excelerator. in that environment robots will be really important both as jewels you can use for inspection, maintenance or repair, but also as first responders. this is another robotic system we are building that once that inside of radiofrequency cavities that will exhilaration to the beam and support the inner surface is perfectly machined so we built this robotic system to take thousands of close—up photos using a liquid lens camera. here you have a robot

you can imagine it's useful if nia jax is an area that is very cluttered. when you drop it from a crane you are hanging off cables so of course you have slayer momentum from everything going around that you have these two arms, but like when you're a human your arms to balance yourself. the arms to balance yourself. the arms can stop the swaying motion. ., , arms can stop the swaying motion. . , ., ., ~ motion. finally, it looks like that's not — motion. finally, it looks like that's not what _ motion. finally, it looks like that's not what would - motion. finally, it looks like that's not what would i - motion. finally, it looks like that's not what would i once j that's not what would i once stood. elon musk�*s firm has put up stood. elon musk�*s firm has put up the logo on the roof of a san francisco headquarter. it's after the messaging platform underwent a name change earlier this month when twitter was rebranded to just simply x. not everyone is happy especially in san francisco where some residents have complained about the intrusive lights. if you can't get enough of the rebranding of the platform formally known as twitter, you can read all about it on our website. specifically, how anyone must wants to be more

like we chantmac and all in one app like we chantmac and all in one app used widely in china. you can catch the full story on bbc�*s can catch the full story on bbc�*s website. that's all we have are you in this edition of asia business report. again, keep up with the latest news on our website or downloading our app. thanks for watching. voice-over: bbc news, bringing you different stories from across the uk. safe and sound asleep. these puppies are lucky to be here. their mum was a stray, rescued from the streets, heavily pregnant, clearly traumatised. when she arrived, she was so nervous to the point she did not walk for the first week. she wouldn't stand. she was so

nervous she wouldn't go anywhere particularly of man but with everyone, basically. start another rescue centre named the nervous collie roo a foster family was found in this family health than we should have a litter of seven pipes in peace and quiet. if have a litter of seven pipes in peace and quiet.— peace and quiet. if things aren't perfect _ peace and quiet. if things aren't perfect for - peace and quiet. if things aren't perfect for her- peace and quiet. if things aren't perfect for her she | aren't perfect for her she still has a long way to go, but coming to a nice, quiet environment than being in panels has been fantastic for her. she has come along really well and the next stage will be keep feeding and growing the puppies and when they are old enough we will find the more homes. and roo as well. but for now, she is really happy here, she has settled well. iirrelitll now, she is really happy here, she has settled well. with tens of thousands _ she has settled well. with tens of thousands of _ she has settled well. with tens of thousands of dogs _ she has settled well. with tens of thousands of dogs and - she has settled well. with tens of thousands of dogs and uk i of thousands of dogs and uk rescue centres, national and full welfare trust says roo a's story is an important reminder to think before getting a pat. voice—over: for more stories from across the uk, head to the bbc news website.

voice-over: bbc news, bringing you different stories from across the uk. mason and basten are both autistic. bastion has the process of adhd as well as mason has a development delay as well. , ,., ., as well. they both have nappies- _ as well. they both have nappies. for _ as well. they both have nappies. for eight - as well. they both have| nappies. for eight years as well. they both have - nappies. for eight years emma has campaigned for getting more changing places and toilets

built because poor facilities has often meant leaving home could be a problem. it has often meant leaving home could be a problem.— could be a problem. it has shown dark _ could be a problem. it has shown dark days _ could be a problem. it has shown dark days so - could be a problem. it has shown dark days so we - could be a problem. it has i shown dark days so we would could be a problem. it has - shown dark days so we would go out and if one of the children would make a mess we have to come home straightaway. when she started _ come home straightaway. when she started the _ come home straightaway. when she started the campaign - come home straightaway. when she started the campaign in - she started the campaign in norfolk, there werejust she started the campaign in norfolk, there were just for changing places. norfolk, there were 'ust for changing places._ norfolk, there were 'ust for changing places. how many are here new? _ changing places. how many are here now? 24. _ changing places. how many are here now? 24. more _ changing places. how many are here now? 24. more are - changing places. how many are l here now? 24. more are coming? more coming, there should be 30 when the next couple of years. but... still not enough. never enough to out and not have to think about going somewhere because of the changing places. the issue of facilities for people with disability is a big one and now a report has highlighted the spending power of disabled people. £300 million a year, just in suffolk. million a year, 'ust in smut million a year, 'ust in suffolk. ~ . ., suffolk. what we are calling for is for — suffolk. what we are calling for is for suffolk _ suffolk. what we are calling for is for suffolk to - suffolk. what we are calling for is for suffolk to be - suffolk. what we are calling for is for suffolk to be an i for is for suffolk to be an exemplar destination for accessibility and inclusion and do that— accessibility and inclusion and do that we have got move things on. voice—over: for more stories from across the uk, head to the bbc news website.

hello, i'm olly foster. here's what's coming up on sportsday. colombia cause the biggest shock of the women's world cup so far as they beat two—time champions germany. the co—hosts new zealand have been knocked out. a goalless draw with switzerland not enough. one more day in the ashes series. it's set up to be a thriller at the oval, unless the weather

has its say. and eight in a row for verstappen. the red bull driver is romping towards another world title. welcome along. we'll start with football and a dramatic day at the women's world cup, there was despair in dunedin where the co—hosts new zealand were knocked out. there were wins for norway and morocco and a shock in sydney — the two—time champions germany can't afford another slip—up after losing to colombia. joe lynskey reports. new zealand will be a host nation flooded with tears tonight. fulltime in dunedin, new zealand exit their own party. the co—hosts are out

at the group stage. a 0—0 draw took switzerland through and in auckland gave