has just cut one of its court lending rates. it is a one—year loan crime rate and it is now at a fresh record low of 3.45% but it has decided to leave its five year rate unchanged at 4.2%. in recent weeks we have had a slew of economic data which showed growth is slowing in the world's second biggest economy and on sunday the countries of central bank also urged banks to increase lending to companies to boost growth. daniel murray from private bank efgam told me what he makes of china's current economic challenges. it is certainly true that china's economy has reacted more with a windpipe rather than a bang post the covid reopening, and i think one of the challenges the chinese authorities face is in terms of getting into the right policy mix to really kickstart the economy, and when you look at the scale of this thing that is supplied from china in a post—covid environment it pales into insignificance relative to the scale of stimulus applied in other countries at similar stages of the economic

cycles, so they are certainly facing an uphill battle. indeed. we have been talking about the housing crisis on and off ever since 2021. of course, evergrande making a headline filing for bankruptcy protection in the united states. also another giant, country garden, warning of losses. do you think — are you worried about the housing crisis? because a lot of people seem to be 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 know, a way to 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 de—lever the economy

and make sure the property sector is in a fitter state and against that they are trying to balance their geopolitical objectives so it is a tricky set of objectives that they are trying to balance. indeed, because the debt is not just a property sector issue but also local governments and other issues, aren't they? that was one of the ways the local government sought to fund themselves with land sales, 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 fall away it is much more difficult for local governments to find themselves. so, there is a long chain of activities here that the chinese authorities are struggling to put right. 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 transfer 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 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. as the demand to watch the game grows, we will see now 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 grow 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 trump, so, the fees, the transfer fees, will grow as the sport and the demand to watch it grows. the tournament has been seen as a watershed moment for women's sport and raised 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 has been 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 were built for men back when there were fewer female players. at dudley fc, north of sydney, 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 it is about men and women but women don't tend to enjoy showering with other people watching. most of the women and girls changed in their cars or went home. there were other challenges too. when 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 and you run up the hill or run 200 metres so you can sit there and feed your child at halftime. it was 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 tess. ifeel like a more inclusive environment will help younger girls because seeing that they have a space for them, specifically for them, and that supports them will mean we can get 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 year for clubs wanting to build female friendly facilities. ausco has seen an increase in orders to build changing rooms that can be easily transported or quickly assembled on site. ausco's boss says it makes financial sense for clubs

to invest in building more amenities for women's sports. if you have created an 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 can put on the field will go up, and therefore your fees and revenue will go up. for many, the success of this world cup is notjust counted in the millions of fans but also in the millions of dollars spent on women's sports to upgrade facilities and create a lasting legacy, not just at a professional level, but at the grassroots as well. katie silva, bbc news, newcastle. let's catch up with the team in india because they have been struggling with food inflation particularly hitting vegetables. to combat this and secure the food supply the government will impose a 40% export duty on onions this year. it is actually the world's biggest exporter of the

vegetable so there will be some global implication as well. let's bring in a business correspondent who joins us alive. food inflation has been hitting the country's economy hard, but these measures, trying to protect these domestic consumers, that has a global implication, don't they? absolutely. you know, onion is a kitchen staple in india, similar to other asian countries and middle eastern countries and middle eastern countries that depend on india for the export of that vegetable. in fact, the rise in domestic prices in india of onion are also coincided with a sharp increase in exports of the vegetable. so, certainly, the vegetable. so, certainly, the export duty on onions will definitely affect global prices and we have seen a similar trend in the last month for non— basmati rice when india decided to ban exports of that price. there was an increase in

global prices are certainly there is a link there but at there is a link there but at the moment the government is looking to lower prices. the are key elections coming up on food inflation is a factor that the government wants to contain at the moment. erratic monsoons have affected crop production across the country. looking at the weather trends and the monsoon... the weather trends and the monsoon. . ._ the weather trends and the monsoon... ~ ., , ., monsoon... apologies. that was our correspondent _ monsoon... apologies. that was our correspondent telling - monsoon... apologies. that was our correspondent telling us - our correspondent telling us about food inflation and how the government there is trying to tackle that while imposing for example a ban on some of the experts on certain types of rice but she was talking about onion exports which will have an impact on global prices are small and of course tomatoes have gone up in the prices quite a lot in india. so, some companies have had to drop tomatoes from their burgers. so, that has been making news headlines in india and impacting on the rest of the world as well. that is it for

this edition of the asia business report. we will be back tomorrow. join us if you can but for now thank you so much forjoining the programme. bbc news, bringing you stories from across the uk. the bbc news, bringing you stories from across the uk.— from across the uk. the end of the season _ from across the uk. the end of the season but _ from across the uk. the end of the season but for _ from across the uk. the end of the season but for this - from across the uk. the end of the season but for this better l the season but for this better in the work does not end there. these elaborate weeks are made in the notts workshop and it is a process that starts in the winter. ,, ., a process that starts in the winter. , ., , a process that starts in the winter. , ., winter. some people have brou:ht winter. some people have brought back _ winter. some people have brought back once - winter. some people have brought back once 40 - winter. some people have. brought back once 40 years winter. some people have - brought back once 40 years old to be _ brought back once 40 years old to be refurbished so a lot of the first_ to be refurbished so a lot of the first part of my year up from — the first part of my year up from starts to finishing is refurbishing, re— spraying and basically— refurbishing, re— spraying and basically getting links back to look— basically getting links back to look alien. it basically getting links back to look alien-— look alien. it is a full-time 'ob for look alien. it is a full-time job for david. _ look alien. it is a full-time job for david. he - look alien. it is a full-time job for david. he creates l look alien. it is a full-time job for david. he creates a 60-80

job for david. he creates a 60—80 weeks a year for dames across the country and repairs more. he says he is the only person in the country who still does it after taking over the business from his own suppliers seven years ago.— seven years ago. they said "we would like _ seven years ago. they said "we would like to _ seven years ago. they said "we would like to retire _ seven years ago. they said "we would like to retire and - seven years ago. they said "we would like to retire and you - would like to retire and you are the only person we can think of who can take over the business." so that is exactly what i did. and from then on it hasjust been an what i did. and from then on it has just been an absolute joy. it is christmas all year round here in the studio. but it is christmas all year round here in the studio.— here in the studio. but now david is worried _ here in the studio. but now david is worried for - here in the studio. but now david is worried for the - here in the studio. but now i david is worried for the future of the business after his suppliers have stopped making the synthetic fibres he relies on. ., . the synthetic fibres he relies on, ., ., , ., , the synthetic fibres he relies on. ., ., , ., on. formal stories from across the uk, head _ on. formal stories from across the uk, head to _ on. formal stories from across the uk, head to the _ on. formal stories from across the uk, head to the bbc- on. formal stories from across the uk, head to the bbc news| the uk, head to the bbc news website.

bbc news, bringing you 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 and some determination can create something wonderful. my some determination can create something wonderful. my name is whiston clouds. _ something wonderful. my name is whiston clouds. i— something wonderful. my name is whiston clouds. i am _ something wonderful. my name is whiston clouds. i am a _ whiston clouds. i am a environmental artist. whereas another artist might use paint and brush i natural materials. ina in a nutshell i pick something up in a nutshell i pick something up and move it to another

place. picked up one of these and this is from a chestnut tree that we are under now and i was looking at these and the more closely i looked i thought they were amazing colours. it isa it is a simple design but it will take some application to make it look nice.— make it look nice. winston's artworks _ make it look nice. winston's artworks can _ make it look nice. winston's artworks can take _ make it look nice. winston's artworks can take anywhere| make it look nice. winston's - artworks can take anywhere from five minutes to five hours and although a gust of wind can destroy them it is the impact it has on passers—by that makes this labour of love worthwhile. that makes this labour of love worthwhile-— worthwhile. just the fact that it is ephemeral _ worthwhile. just the fact that it is ephemeral and - worthwhile. just the fact that it is ephemeral and transient| it is ephemeral and transient and it is not a perfect thing there lies the beauty of it. 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 100 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 i—o 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 semi final. and spain could have won by more, awarded a penalty for handball jenni 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 to be champions. it's something that, i think, anyone could dream of. i think it's just really incredible and just i wanted to share it with my family. yeah, we know their qualities. we have a really good team, that's why we have been doing a lot of work. but we were confident in ourselves and finally we show the world how we can play. and how it sustained. —— it is spain — of course everyone was very disappointed that we didn't. win the game. at the other hand i think we can be very proud - of ourselves, only it doesn't l feel that way at this moment, that takes a bit of time| because now the most, yeah, the disappointmentl

is the most what you feel, but everything we've - done, how we have grown