high beijing as tensions run high between the world's two biggest economies. between the world's two biggest economies-_ between the world's two biggest economies-— economies. australian mining workers make _ economies. australian mining workers make moves - economies. australian mining workers make moves towardsj economies. australian mining i workers make moves towards a striking. we look at the impact on gas prices. hi there. welcome to a business report with me, mariko oi. the us commerce secretary has arrived in china late last night, making herthe arrived in china late last night, making her the latest senior american to visit the country. she will be there for four days, meeting chinese officials and business leaders in beijing and shanghai. secretary raimondo says that she intends to be practical. tensions have been high between the world's two biggest economies. as the us and its allies blocked china's access to advanced chips beijing

restricted shipments from a chip company and also find anotherfirm for doing chip company and also find another firm for doing what china called unapproved statistical work. china called unapproved statisticalwork. eric china called unapproved statistical work. ericjohn is statistical work. eric john is the statistical work. ericjohn is the present of the american chamber of commerce in shanghai and he will meet secretary raimondo during her visit. he told me what it has been like all american businesses there at the moment.— at the moment. the us china bilateral relationship - at the moment. the us china bilateral relationship is - bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainty. so, we are very happy that secretary raimondo is visiting china as we speak. what issues will you be asking to raise when you meet her? especially given she says she will not be pulling her punches but she intends to be practical? i but she intends to be practical?— but she intends to be ractical? ~' ,, . but she intends to be ractical? ~ ,, ., ., practical? i think us and china are the two — practical? i think us and china are the two largest _ practical? i think us and china are the two largest economies in the world, and the two

countries need to figure out a way to work together on mutually beneficial opportunities. we still believe that china is a very strategic market for us companies, and many of our companies are here for the long—term and they try to a way to grow here. at the same time, two countries are dealing with issues as well and i think certainly the us side has recently issued an executive order on export controls on a few sectors such as semiconductors and ai controls on a few sectors such as semiconductors and aland quantum computing. so, i think secretary raimondo probably will discuss with the chinese decide how to deal with these sensitive sectors so the popular saying is having the small yard and tall fences just to understand the boundaries. so, these are the areas that

are off—limits to us businesses. are off-limits to us businesses.- are off-limits to us businesses. �* , ., businesses. let's look at china's _ businesses. let's look at china's property - businesses. let's look at china's property sector. businesses. let's look at - china's property sector because the world most indebted property developer evergrande has just announced it lost $4.5 billion in the first six months this year. this is still about half of what it was during the same period last year and the company has said that it lost more than $80 billion over the last two years. it has been at the centre of a crisis in china's property centre which now also includes the country's largest private developer country garden. evergrande has also signalled that it wants to resume trading of its shares in hong kong. of course, trading of that stock has been halted since march last year. so, we will monitor whether that mapquest gets —— request gets approval. meanwhile, china has harmed the stamp duty on the stock trading as of today from its current rate of 0.1%. it is

expected to generate transactions when trading resumes this morning. the country stock market has been weak especially as the recovery from the pandemic has been weaker than expected and china's property sector debt crisis also continues to weigh on the stock market sentiment. gas prices in europe have been really volatile in the recent week because of worries that workers at liquefied natural gas or lng plants in australia could go on strike. the lng plants are operated by two companies — woodside energy and chevron. together they supply about 10% of the world lng. woodside said it has reached an agreement with unions but things are still difficult at chevron. the head of research at credit suisse with the situation in context. i at credit suisse with the

situation in context. i think it is important _ situation in context. i think it is important to _ situation in context. i think it is important to have - situation in context. i think. it is important to have some context here. we have seen a few hundred workers in a very remote part of the coast of western australia bring to their knees in europe, causing tens of tens of billions of dollars in gains and losses over the last week. as you say, traders are very much on edge because after the withdrawal of russian supply last year there is little redundancy left in the system to absorb another shock. but as you say — the woodside situation is now resolved, so 10% of world supply is the longer at risk. it has moved down to just 7%. and it is important to understand this is a very local australian issue and this is actually the kind of normal way that union negotiations play out. so, what we are likely to see now is we have seen the chevron workers vote last friday. they will be another boat today and that will give a 30 day window in which they are allowed to start striking. in the woodside scenario, they

never got to actually struck. woodside ultimately — and the unions — came to an agreement before that happened. the risk of this evolving into strikes you is more likely. that is because chevron is likely to take a different, perhaps tougher, approach. this can also become very emotive, and so, it is more likely be to actually see some industrial action take place here, but, again, it is not something to actually be too concerned about in europe and asia if you are a gas fire because initial industrial action is very low level. it is small disruptions. it is workers refusing to load helicopters or work for half—an—hour in the day, give or take, and that is unlikely to affect production in a material way and we think it is likely to see a resolution before it gets to the point of severe, prolonged outages which will impact energy security in asia and europe.— will impact energy security in asia and europe. let's update ou on asia and europe. let's update you on something _ asia and europe. let's update you on something we - asia and europe. let's update you on something we were i you on something we were talking about a lot last week.

the speech by us federal reserve germany rome powell at jackson wyoming and he told central bankers from around the world that the us will continue to raise interest rates if appropriate because he thinks inflation remains too high. it is currentlyjust inflation remains too high. it is currently just over 3% inflation remains too high. it is currentlyjust over 3% which is currentlyjust over 3% which is higher than the fed's 2% target but much lower compared to what it used to be. mr powell said interest rates could rise further and stay higher for longer which could disappoint some investors. artificial intelligence is changing many aspects of our lives, including the way we work, and social media network linkedin said people should expect theirjobs to change by 65% by 2030 because of the tax by ai. 65% by 2030 because of the tax by al. the linkedin chief economist told us in the asia—pacific region changes happening faster than the rest of the world. globally, we have

seen a 9x increase in members adopting ai skills, but if i look at, say, singapore, it is a 20x increase or if i look at india it is a i4x increase. australia is a iix increase and i suspect this has a lot to do with the workplace embracing a little bit more directly the potential of ai. we know that executives in the asia—pacific region can really kind of anticipated way it might bring benefits. for anticipated way it might bring benefits. ., .,, anticipated way it might bring benefits. ., ., , ., benefits. for those of us who aren't coders _ benefits. for those of us who aren't coders stay _ benefits. for those of us who aren't coders stay in - benefits. for those of us who aren't coders stay in and - benefits. for those of us who aren't coders stay in and stayj aren't coders stay in and stay out, ai skills could also be understanding how to maybe use something like chatgpt to help us make our tasks a little bit quicker — become more productive. so, i might sayi need to draft a letter, an e—mail to somebody. what should i include in that if i want to ask them this and organise that? so, you might have a case

where you are actually using ai technology to help you get over that blank page hurdle of starting fresh, and ai is something that can help you make decisions faster. we can make decisions faster. we can make you achieve better decisions because he might be pulling in more information. so, ai is notjust coding. it is also thinking about how do i use this as a tool to achieve my own productivity and rate outcomes at work? there are so many ways that people can up skill. i would say stop with thinking about updating your skill sets in your profile to make sure they reflect the skills that you do have. there are a lot of courses available. we have just actually added a free course on generative ai skills and that is free for anyone through 2025. so, there is a lot of ways for you to get started injust is a lot of ways for you to get started in just getting familiar with al skills started injust getting familiar with al skills or

generative ai skills right away, just by taking courses online. then, of course, that is the opportunity of engaging your employer and asking them to help invest in you as a worker. to help invest in you as a worker-— to help invest in you as a worker. �* ., ., ., worker. before we go - a few thins worker. before we go - a few things we _ worker. before we go - a few things we are _ worker. before we go - a few things we are paying - worker. before we go - a few| things we are paying attention to this week. we mention country garden from china. on tuesday, it will report earnings for the first six months of this year. it has found itself at the centre of the severe downturn in the industry. we will also get earnings from china's electric car maker nio viewed as a competition to tester in the eb market but it has seen a slowdown in sales recently. that is it for this addition of asia business report. thank you so much for watching. bbc news, bringing you different stories from across the uk. ., , .,

the uk. for english heritage, the uk. for english heritage, the last four _ the uk. for english heritage, the last four years _ the uk. for english heritage, the last four years have - the uk. for english heritage, the last four years have been | the uk. for english heritage, | the last four years have been a labour of love in this part of derbyshire. the team of specialist workers has been busy. it specialist workers has been bus . , ., ., specialist workers has been bus. , ., ., ., ., busy. it is meant to have a roof on _ busy. it is meant to have a roof on it _ busy. it is meant to have a roof on it and _ busy. it is meant to have a roof on it and without - busy. it is meant to have a roof on it and without the l busy. it is meant to have a . roof on it and without the roof on it you get a lot more deterioration of the stone and of the historic plasterwork, so, we were very keen to keep as much of the original plasterwork and to repair the stonework and make the site accessible for people come and find out the whole story of hardwick. find out the whole story of hardwick— find out the whole story of hardwick. . hardwick. what stands out when ou walk hardwick. what stands out when you walk around _ hardwick. what stands out when you walk around is _ hardwick. what stands out when you walk around is the _ you walk around is the decoration of the white walls. they show pictures and date back 400 years. around 500 people a day have visited it since it reopened but like the forth road bridge the work never really stops.- forth road bridge the work never really stops. bull, the lace never really stops. bull, the place will — never really stops. bull, the place will continue - never really stops. bull, the place will continue to - place will continue to deteriorate. you know, it is an old building and it is not

getting any younger like the rest of us so there is conservation work to do in the future but if we had not done anything it would have deteriorated more quickly and we would not have been allowed to let the public in because it just was not say.— just was not say. formal stories from _ just was not say. formal stories from across - just was not say. formal stories from across the l just was not say. formal. stories from across the uk, head to the bbc news website. bbc news, bringing different stories from across the uk.

with these, these and these, there are more options than ever to peddle around the capital. london's original bike hire scheme was launched by borisjohnson in 2010 but the numbers using so—called boris bikes are not what they were. figures suggest journeys bikes are not what they were. figures suggestjourneys made between january and july were down by one third and are at their lowest in a decade and some believe it is the price. last september, tfl change the subscription and fee for single journeys. i subscription and fee for single “ourne s. , ., , subscription and fee for single “ourne s. , . , ., journeys. i usually had four journeys — journeys. i usually had four journeys for _ journeys. i usually had four journeys for a _ journeys. i usually had four journeys for a cost - journeys. i usually had four journeys for a cost of - journeys. i usually had four journeys for a cost of £2, i journeys. i usually had four. journeys for a cost of £2, 50p a journey. journeys for a cost of £2, 50p ajourney. i journeys for a cost of £2, 50p a journey. i went to hire a bike and it was 165 per ajourney. i went to hire a bike and it was 165 per others went to the — bike and it was 165 per others went to the rise _ bike and it was 165 per others went to the rise of— bike and it was 165 per others went to the rise of rival- bike and it was 165 per others went to the rise of rival hire l went to the rise of rival hire bikes. . ,., went to the rise of rival hire bikes. . ., bikes. reducing usage of the scheme is — bikes. reducing usage of the scheme is the _ bikes. reducing usage of the scheme is the competition i bikes. reducing usage of the i scheme is the competition from the higher bikes. there are now form _ the higher bikes. there are now form hire — the higher bikes. there are now form hire bikes. find the higher bikes. there are now form hire bikes.— form hire bikes. and among these riders _ form hire bikes. and among these riders ease _ form hire bikes. and among these riders ease and - form hire bikes. and among l these riders ease and comfort is key. m these riders ease and comfort is ke . .,. . , these riders ease and comfort iske. ._ .,�* ., is key. i actually don't have my own _ is key. i actually don't have my own bike _ is key. i actually don't have my own bike anymore - is key. i actually don't have i my own bike anymore because is key. i actually don't have - my own bike anymore because it got sold so many times.-

got sold so many times. those bikes are _ got sold so many times. those bikes are heavy. _ got sold so many times. those bikes are heavy. in _ got sold so many times. those bikes are heavy. in response, l bikes are heavy. in response, tfl said it _ bikes are heavy. in response, tfl said it is _ bikes are heavy. in response, tfl said it is working - bikes are heavy. in response, tfl said it is working to - bikes are heavy. in response, tfl said it is working to make cycling more accessible and is increasing the number of either bikes in the scheme. hello and welcome to sportsday. i'm olly foster. timed to perfection, ingebrigtsen storms to gold on the final day of the world athletics championships. there's no catching max verstappen as he equals the formula 1 record for race wins in a row. and darwin's double delight, ten—man liverpool come from behind to beat newcastle.

hello and welcome along to the programme. after nine days of competition the world athletics championships have drawn to a close in budapest, sebastian coe, the president of world athletics, says he can't remember a better atmosphere at any previous championships and he said the city would make a good olympic host. here are some of the winners on the final day, norway's jakob ingebrigtsen made up for his silver in the 1500 metres as he successfully defended his 5000m title. on a stifling evening in budapest with temperatures around 30 degrees celsius, ingebrigsten timed his finish brilliantly to overtake spain's mohamed katir at the line. the kenyanjacob krop took the bronze medal. it's a great honour and a big achievement to win a world championship and i have a great team around me helping me both

mentally and physically to prepare myself for this race.