two of its cuts this year to two of its court lending rates. that is because there has been a slew of economic data which showed a slowing growth in the world's second biggest economy. in fact, in the past hour, ubs has cut its growth forecast for the economy. on sunday the central bank urged banks to increase lending to companies to boost growth. daniel marie from a private bank told me what he makes of the current economic challenges. it makes of the current economic challenges-_ challenges. it is certainly true that _ challenges. it is certainly true that china's - challenges. it is certainly| true that china's economy challenges. it is certainly - true that china's economy has reacted more with a windpipe rather than a bang and i think one of the challenges the chinese authorities face in terms of getting into the policy is to kickstart the economy and when you look at the scale of this thing supplied from china in a post covid environment it pales into the significance of the stimulus of other countries at similar stages of the economic

cycles so they are certainly facing an uphill battle. fix, cycles so they are certainly facing an uphill battle. a lot of peeple — facing an uphill battle. a lot of people seem _ facing an uphill battle. a lot of people seem to - facing an uphill battle. a lot of people seem to be - facing an uphill battle. a lot of people seem to be expecting a rate cut later today. would that be enough in your view? or would they need to implement more aggressive stimulus measures? at more aggressive stimulus measures?— more aggressive stimulus measures? �* ., measures? at the margin it will be helpful _ measures? at the margin it will be helpful but _ measures? at the margin it will be helpful but the _ measures? at the margin it will be helpful but the truth - measures? at the margin it will be helpful but the truth is - measures? at the margin it will be helpful but the truth is it - be helpful but the truth is it is unlikely to have much of an impact. i think the expected size of the cut is expected to be around 15 basis points and if you think about that in real terms that means for every $1000 borrowed that cheapens the loan by about $1 50 per annum so it is quite marginal andi annum so it is quite marginal and i think that is symptomatic of the fact there has not been a big bazooka type sting the authorities have thrown at the economy. we authorities have thrown at the economy-— authorities have thrown at the econom . ~ . , ., ~ economy. we have been talking about the housing _ economy. we have been talking about the housing crisis - economy. we have been talking about the housing crisis on - economy. we have been talking about the housing crisis on and | about the housing crisis on and off ever since 2020. evergrande making a headline filing for bankruptcy protection in the united states and another giant, country garden, warning of losses. are you worried

about the housing crisis? because a lot of people seem to me now talking about the shadow banking crisis that is linked to the property crisis as well. the truth is property sector problems in china have been known about for several years so it is no great surprise but i think, you so it is no great surprise but ithink, you know, if so it is no great surprise but i think, you know, if you think about this it is china is trying to balance several objectives at the same time, some of which are not necessarily consistent with each other. so, the authorities are trying to make sure that growth is fast enough to ensure social harmony. at the same time they are trying to deliver the economy and making sure the property sector is in a proper state and they are trying to balance the geopolitical objectives so it is a tricky set of objectives that they are trying to balance.— trying to balance. indeed, because — trying to balance. indeed, because the _ trying to balance. indeed, because the debt - trying to balance. indeed, because the debt is - trying to balance. indeed, because the debt is not i trying to balance. indeed, i because the debt is notjust trying to balance. indeed, . because the debt is notjust a property sector issue but local governments and other issues, are they? governments and other issues, are the ? ., ., , governments and other issues, are the ? . ., ., governments and other issues, are they?— are they? that was one of the wa s are they? that was one of the ways the _ are they? that was one of the ways the local _ are they? that was one of the ways the local government. ways the local government sought to fund themselves with land sale and the sale of land

is in itself contingent on the use of that land for building houses, and, of course, if the end clients for the way it is much more difficult for local governments to find themselves. so, there is a long chain of activities here that the chinese authority is struggling to put right. chinese authority is struggling to put risht— to put right. well, let's stay with china _ to put right. well, let's stay with china because - to put right. well, let's stay with china because as - to put right. well, let's stay with china because as we i with china because as we mentioned in the next hour the people's bank of china will be reviewing its loan rates. the five and one year rates are in focus and the five year was last at five point 2% at the one year at a record low of 3.55% after a small reduction injune. it is a busy week for other central bankers in the us, europe and asia from the 24th to the 26th of august us fed host its symposium in wyoming which includes a speed from fed chairmanjerome

powell. south korea central bank reviews its interest rates which are currently 3.5% but analysts suggest it could be one of the first central banks and a two cut interest rates. at the end of the week we will get figures for the month of august injapan. this comes after the bank ofjapan�*s august injapan. this comes after the bank of japan's week two policy injuly after the bank of japan's week two policy in july allowed interest rates to rise more freely but narrowly in response to higher prices. meanwhile, south korea has released its latest trade data for the first 20 days of august and the country's imports are falling almost 28% while its exports also felt by 16.5% on the same time a year earlier. this brought its trade balance to just over 3.5 billion us dollars. now to australia, where spain has beaten england, winning the women's world cup. after every men's world cup, there is usually a familiar dance of a bonanza as clubs

compete for the stars of the tournament. massive signings are a sign of how lucrative the men's game is for big clubs, but will the same actually happen now after the women's world cup that has reached record audiences? laura doyle is the head of women's football at one of the world's biggest sports agencies, caa stellar and she told me how transfer fees may change after the tournament. this fees may change after the tournament.— fees may change after the tournament. �* , ., ., tournament. as the demand to watch the _ tournament. as the demand to watch the game _ tournament. as the demand to watch the game goes, - tournament. as the demand to watch the game goes, we - tournament. as the demand to watch the game goes, we willl watch the game goes, we will see now the next tv deal that comes along, i think the last one was around 2a million. the next time that is negotiated on the table that will probably grow again and as the tv money comes in, the commercial deals grew bigger, they will be able to pay their players more and more because the clubs will want to compete to stay in the top four to make champions league football. so, they will have to compete for the best

players and what one club will pay another club will drop, so, the fees, the transfer fees, will grow as the sport in the dimension to watch it grows. that dimension to watch it grows. at the tournament has been seen as a watershed moment for women's export and raise questions about investing in the next generation of footballers. over the weekend australia's prime minister pledged 200 million australian dollars. that is about 130 million us dollars to women's sport, but one perhaps overlooked area that is stopping women from getting into football has been facilities such as changing rooms. many are quite old and they don't have much privacy and work built for men back when there were fewer female players. katie silva has this report. at dudley fc women on the field are a permanent fixture. just a few years ago

they were on the sidelines, watching their partners play when they decided they wanted a bit of the action. the trouble was there was only one change room for everyone to use and it had a communal shower. i don't know what _ had a communal shower. i don't know what it — had a communal shower. i don't know what it is _ had a communal shower. i don't know what it is about _ had a communal shower. i don't know what it is about men - had a communal shower. i don't know what it is about men and l know what it is about men and women but women don't tend to enjoy showering with other people watching.— enjoy showering with other people watching. most of the women and _ people watching. most of the women and girls _ people watching. most of the women and girls changed - people watching. most of the women and girls changed in i women and girls changed in their cars all went home. there were other challenges too. when i had my little — were other challenges too. when i had my little girl— were other challenges too. when i had my little girl i _ were other challenges too. when i had my little girl i was - i had my little girl i was breast—feeding and i would have to come off at halftime so that i could feed her. most facilities and most places mean that you sit in the back of your car on the run up the hill all give unto hundred metres so you can sit there and feed your child at halftime. it you can sit there and feed your child at halftime.— child at halftime. it was experiences _ child at halftime. it was experiences like - child at halftime. it was experiences like these l child at halftime. it was i experiences like these that allowed them to build facilities with women in mind.

now, they have seats for breast—feeding, partitioned rooms for privacy, helping to attract younger players like 16—year—old test. i attract younger players like 16-year-old test.— attract younger players like 16-year-old test. i feel like a more inclusive _ 16-year-old test. i feel like a more inclusive environment i 16-year-old test. i feel like a i more inclusive environment will help younger girls see that they have a space for them, specifically for them, and that supports them and we can get and that more people to come in, especially younger girls, which is what we need. in australia there is more demand from women and girls to play the sport and state governments have been ploughing millions of dollars into improving infrastructure — something businesses are taking advantage of. the new south wales government has also set aside 25 million australian dollars or 60 million us dollars in grants this yearfor or 60 million us dollars in grants this year for clubs wanting to build female friendly facilities. ausco has seen an increase in orders to build changing rooms that can be transported or quickly assembled on site. ausco's boss

says it makes financial sense for clubs to invest, building more amenities for women's sports. 11 more amenities for women's sports. more amenities for women's sorts. , ., more amenities for women's sports. more amenities for women's sorts. , ., ., more amenities for women's sports. more amenities for women's sorts. i. ., . ., more amenities for women's sports. more amenities for women's sorts. i. ., . ., ., sports. if you have created an infrastructure _ sports. if you have created an infrastructure where - sports. if you have created an infrastructure where you - sports. if you have created an infrastructure where you are i infrastructure where you are now appealing to the whole community it stands to reason that your membership will go up. the number of games you will put on the field will go up will put on the field will go up and yourfees will put on the field will go up and your fees and revenue will go up. up and your fees and revenue will go urn-— will go up. for many, the success _ will go up. for many, the success of _ will go up. for many, the success of this _ will go up. for many, the success of this world - will go up. for many, the success of this world cupj will go up. for many, the l success of this world cup is notjust success of this world cup is not just counted success of this world cup is notjust counted in the millions of fans but also in the millions of dollars are spent on women's sports to upgrade facilities and create a lasting legacy, notjust at a professional level but grassroots as well. before we go, from today, the retailer tesco says it will cover the sales tax of its own brand period underwear to make them more affordable. it reduces the price by 20% and brings them in line with other

period products which are tax exempt. a campaign has been launched which tesco has joined, calling on the british government to reclassify period pants so they are exempt from this tax. that is it for this edition of asia business report. i will be back next hour sojoin me if you can but for now thank you so much for watching. bbc news — bringing you different stories from across the uk. we all see the beauty of the natural world, but sometimes it takes a unique eye to appreciate its hidden potential. leaf cuttings and berries found at a nearby hedge, plus a vision and some determination, can create something truly wonderful. hello there, my name's winston plowes. i'm an environmental artist — or land artist. so, whereas another artist might use paint and a brush, i use natural materials. in a nutshell, i pick something up and move it from one

place to another. so today, i didn't know what i was going to make at all, but i picked up some of these. so these are from a chestnut tree — that's actually where we're under under now. but i was just looking at these and, the more closely i looked, i just thought that they were amazing colours. it's quite a simple design, but it'll take a little bit of application to make it look nice. winston's artworks can take anywhere from five minutes to five hours. and, although a simple gust of wind can destroy these masterpieces, it's the process and the impact that it has on passersby that makes this labour of love so worthwhile. i think the fact that it's ephemeral, that it's transient, that it's not a permanent thing — i think therein lies the beauty of it.

in the long shed next to the river, an extraordinary endeavour is taking place. the painstaking recreation of a burial ship, and using tools that anglo—saxon shipbuilders would have used. just that anglo-saxon shipbuilders would have used. just massively appreciative _ would have used. just massively appreciative of _ would have used. just massively appreciative of the _ would have used. just massively appreciative of the aircraft - appreciative of the aircraft and what they did and how they engineered these things to go on the sea.

engineered these things to go on the sea-— engineered these things to go on the sea. since its discovery in 1939 by _ on the sea. since its discovery in 1939 by the _ on the sea. since its discovery in 1939 by the local _ in 1939 by the local archaeologist basil brown the story of its extraordinary treasures has enthralled the world. built in 600 a.d. it is thought to be the final resting place of king red world. backed by sponsors, donations and more than 100 volunteers the charity charity the sutton hoo company began building in 2019. we charity the sutton hoo company began building in 2019.- began building in 2019. we are buildin: began building in 2019. we are building the — began building in 2019. we are building the best _ began building in 2019. we are building the best guess - began building in 2019. we are building the best guess we - began building in 2019. we are building the best guess we can j building the best guess we can abort that ship looked like but it will only be crewed when we get it on the water.— get it on the water. when the tanks get it on the water. when the planks are — get it on the water. when the planks are in _ get it on the water. when the planks are in place _ get it on the water. when the planks are in place the - get it on the water. when the | planks are in place the seating will be fitted for a0 rowers. if all goes to plan the launch and river trials will take place in the spring of 2025. for more stories from across the uk, head to the bbc news website. hello and welcome to sportsday.

i'm chetan pathak. coming up on the programme: champions of the world. spain beat england to win the women's world cup the fastest man on the planet. america's noah lyles takes gold in the hundred metres at the world championships in budapest. and big spenders chelsea are beaten, as west ham take all three points in the london derby. welcome along, thank you forjoining us. it's being described as a win that could supercharge women's football in spain after they beat england 1—0 to win the world cup in sydney. the goal that proved to be the winner came from captain olga carmona.

the left back that also made the telling contribution in the semifinal. and spain could have won by more — awarded a penalty for handball jeni hermoso's spot kick was saved by mary earps. but england couldn't find a way back, despite 13 minutes of injury time at the end. and spain were eventually able to celebrate a famous win in only their third appearance in the tournament. it's just incredible. it'sjust incredible. it's something that, i think, anyone could dream of. they think it is just really incredible and i wanted to share it with my family. wanted to share it with my famil . , ~ ., family. yes, we know the qualities- _ family. yes, we know the qualities. we _ family. yes, we know the qualities. we have - family. yes, we know the qualities. we have a - family. yes, we know the l qualities. we have a really good — qualities. we have a really good team. that's why we have been _ good team. that's why we have been doing a lot of work. but we work— been doing a lot of work. but we work on ourselves and finally— we work on ourselves and finally we show the world how we can — finally we show the world how we can play. gf

finally we show the world how we can play-— we can play. of course, everyone _ we can play. of course, everyone was _ we can play. of course, everyone was very - we can play. of course, - everyone was very disappointed that we — everyone was very disappointed that we didn't _ everyone was very disappointed that we didn't win _ everyone was very disappointed that we didn't win the _