tv [untitled] October 17, 2024 4:30am-5:01am BST
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he said 4.5 million of them will have access to affordable housing by the end of the year. subsides for low income groups will also be extended. these latest measures come as china prepares to release third—quarter growth data friday. as we've been reporting, the government in beijing has been busy rolling out measures they hope will turbo—charge growth in the world's number two economy. for a summary, and to find out if they will work, here's our business reporter katie silver. how do you solve a problem like china's economy? how do you solve a problem like china's economy? after how do you solve a problem like china's economy? after of how do you solve a problem like china's economy? after of rapid expansion, china's growth has slowed and its recovery after the pandemic hasn't been what many would have hoped. businesses and local government are riddled with high debt, raising questions about stability. and there is the ongoing real estate crisis. all this means they have never been more reliant on exports or making
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money by selling the goods abroad. but in something of a perfect storm, it comes as china's tray dispatched deepens with the us and european union. as the g7 countries push back with anti—dumping duties, even countervailing duties, that is going to put downward pressure on the growth numbers in china. this among other concerns led the government early this year to leveraged bets on set growth target of around 5% of the country's gdp. that is certainly a good way of getting some wriggle room. last quarter it came in at 4.7% and many economists predicted this quarter would be about the same but in china, just in the last few weeks to have been big changes. the government has announced a raft of measures to boost growth from spending tens of billions of dollars to reducing a few different key interest rates, to issue almost a third of $1 trillion in government bonds. the movie is about trend to encourage people to get out and spend money. but
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the devil is in the detail and so far investors say the details lacking, seeing an early boost to the stock market retreat after the golden week holiday. retreat after the golden week holida . ~ ., ., ~ ., retreat after the golden week holida .~ ., ., ~ ., ., , holiday. we do not know how big these new _ holiday. we do not know how big these new supports _ holiday. we do not know how big these new supports will - holiday. we do not know how big these new supports will be, - holiday. we do not know how big these new supports will be, we l these new supports will be, we don't know when they will be implemented, we do know how they will be implemented, for a lot of investors, there really did leave them wanting more. there are fears that even with this latest stimulus, china could miss that around 5% target. so how is the common tracking quiz might stay tuned, we will find out on friday. 2024 appears to be the year of business travel — with spending set to reach $1.5 trillion. that's higher than pre—pandemic levels according to a new report by the world travel and tourism council. but according to the cheif executive of accor, one of the largest hospitality companies in the world, chinese tourists are still not spending big. china is actually good at say, people travelling outside of china. china domestic is still pretty slow. strong and the
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police, strong in indonesia and extremely strong in southeast asia, thailand, laos, cambodia, vietnam. still robust in south america. decelerating in western europe. coming back in america so it is very diverse in terms of geography. but overall it is a plus 5% demand market. supply can probably less than 2%. that will remain the case for the next 20 years, one of those things about travel and tourism, it is all linked to democracy, which is actually rising, and the emerging middle classes, which is also rising. if you have those going in your favour you will have pretty busy days in front of you for the next 20 years. front of you for the next 20 ears. , , ., , , ., front of you for the next 20 ears. , ., years. just to spend a bit more time in china, _ years. just to spend a bit more time in china, we _ years. just to spend a bit more time in china, we know- years. just to spend a bit more time in china, we know their. time in china, we know their economy has been struggling, have you seen a reflected? well, it is reflecting a domestic travel in china. domestic tourism is kind of negative for the last six months. it will probably remain negative for the next three months. we expected it. the one thing that striking if you have
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a greater demand from trainees going outside, so selling rates in china have never been so high. so people to have money to spend but they are spending outside china. (00v)in other news — uber has reportedly expolored a possible bid for travel booking website, expedia. according to the financial times, uber has been in discussions in recent months over a potential acquisition and how it could be structured. uber has yet to confirm the news, but if true this deal could be the largest—ever for the ride—hailing giant. airbus has announced its laying off up to 2500 workers from its defence and space division. the firm said the redundancies were part of a restructuring plan, as they try to bring down costs. the head of airbus' defence and space division michael schoell—horn said a leaner and more competitive approach to business was needed. airbus' rival boeing has been facing a lot of headwinds as well. the planemaker is looking to raise up to $35 billion while at the same time
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dealing with industrial action by more than 30,000 workers. the company also plans to layoff around 17—thousand workers from next month. despite those efforts to reduce costs, aviation analyst mark martin isn't convinced about boeing turning things around. these are second or third generation workers, they have seen boeing in the 70s and �*805. it seen boeing in the 70s and �*80s. it is notjust to pay they are talking about. the reason why they are not coming on the table as they want better work quality standards, the table as they want better work quality standards, they want greater accountability with boeing. the context is about accountability and boeing is not willing to commit. if you're going to get rid of them, where are you going to get your people from? because we know how unions work, the word will travel like wildfire, nobody is going to join word will travel like wildfire, nobody is going tojoin boeing. thankfully, although i'm not
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sure how good or bad it is, but there are no takers for the 77 max, deliveries are delayed on the 777 x, there is on to higher value proposition on the market except for the 797 which will hit the market in about 2k months. so this is, it seems almost as if boeing is on the verge of closure. it's going to be truly unfortunate because as much as we talk about this and highlight the risks, we need a revival and boeing because the market cannot be driven by airbus, we can have a monopoly in air transport. airbus, we can have a monopoly in airtransport. 0r airbus, we can have a monopoly in air transport. or this change is geopolitical aerospace dynamics and mix it into the forefront of the 919 and some of the leading chinese aircraft makers into the market. so we're on the cusp of complete whole new revival and revolution. so i would like to be a little positive about this, i would like to see a
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stronger boeing, but it doesn't seem likely. in other news — workers at a samsung electronics' factory in the southern indian state of tamil nadu have called off a month—long strike.according to the union leading the protests, samsung management has now decided to engage with workers on all key demands like higher wages, medical insurance and better facilities.around 1,500 workers in the city had participated in the strike, which was one of the largest the south korean technology giant had seen in recent years. as you may have noticed, this week we've been following developments at the paris motor show, with the help of our roving correspondent, theo leggett. he's spoken to some of the biggest names in the business — but that doesn't mean he hasn't been looking at some of the smaller players as well. among them is micro ? best known for making scooters, aimed at kids but often ridden by adults. and now they ve made, well, something else. what on earth are we sitting in? ., ., what on earth are we sitting in? ., . , what on earth are we sitting in? ., ., , ., in? you are sitting in a microlino, _ in? you are sitting in a microlino, a _ in? you are sitting in a microlino, a small- in? you are sitting in a i microlino, a small electric city car with two seats. a
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range of up to 230 kilometres. it is made in italy. micro is a scooter company, you make children's toys, will give you the idea to make a car? very aood the idea to make a car? very good question. _ the idea to make a car? very good question. we _ the idea to make a car? very good question. we are - the idea to make a car? very good question. we are a - the idea to make a car? - good question. we are a family company founded by my father in 1999. we are really coming from the scooter industry, my father recently invented the micro kick scooter. the microlino we sort of started as a kind of pr thing, if you're honest, really liked it, we had the first letter says show car that we unveiled at the motor show in 2016, and we had a reservation list with 500 spots and we said, ok, if people reserved we will produce it and injust said, ok, if people reserved we will produce it and in just two days we had more than 500 reservations done, so that was sort of the port of no return when we said we will bring it on the market. 50 when we said we will bring it on the market.— when we said we will bring it on the market. so who will be bu in: on the market. so who will be buying this. — on the market. so who will be buying this, what's _ on the market. so who will be buying this, what's the - on the market. so who will be l buying this, what's the market? the market is really for a lot
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of customers of ours, it is a replacement for the second or third car. a lot of our customers still have a long—distance vehicle with maybe five seats or this is the replacement for their second car. at the end of the day it is a perfect way to get around in the city, it's very easy to park, you can basically cross back the microlino in one parking spot. back the microlino in one parking spot-— back the microlino in one parking spot. but it is small enou:h parking spot. but it is small enough that _ parking spot. but it is small enough that i _ parking spot. but it is small enough that i think - parking spot. but it is small enough that i think i - parking spot. but it is small enough that i think i could l enough that i think i could probably lift it up. how safe is it in a crash? so probably lift it up. how safe is it in a crash?— probably lift it up. how safe is it in a crash? so we are the first manufacturer _ is it in a crash? so we are the first manufacturer in - is it in a crash? so we are the first manufacturer in the - first manufacturer in the motorcycle category that has introduced a unibody structure which is standard normal car into a category. so when it comes to safety and stability, i would say we are leading the front in her category. but it has to be said, it not a real car, it is sort of a mix between a motorbike in a car.
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because of the ipad of the mobility world.— because of the ipad of the mobility world. with a little bit of scooter _ mobility world. with a little bit of scooter as _ mobility world. with a little bit of scooter as well. - i'm not sure i have seen a car with the front door like that! said has a range of 280 kilometres. thanks forjoining kilometres. thanks for joining me, kilometres. thanks forjoining me, goodbye.
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hey, i'm ben and this is the catch up. tonight — driving test delays, peanut bans on planes, and pandas. but first, england has a new manager. thomas tuchel says he's very excited and honoured to be the new head coach. ijust had the chance to read a quote from pele in the building in wembley, who said that wembley is the heart, the capital and the cathedral of football, and i think
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he was absolutely right. some other stories now. have you had to wait months or drive hundreds of miles to take your driving test? well, that's what mps have been talking about this week. they're trying to resolve the issue. the dvsa, who do the tests, say they're trying to buy back leave from examiners and recruit more of them to get it sorted. new research suggests that nut bans do little to help allergic passengers on planes. experts say that passengers shouldn't be worried about food being transmitted in the air, but that cleaning their seat with a wet wipe could be the best way to prevent an allergic reaction mid—flight. and the victoria's secret show has returned five years after it was cancelled because of low ratings and criticism that it was sexist and lacked diversity. this year's show promised to celebrate all women, with 25 different countries represented, as well as plus—sized and transgender models. and time now for ten seconds of pandas.
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bao li and qing bao have arrived from china at the smithsonian national zoo in washington, dc, where they will live for the next ten years as part of the two countries' panda diplomacy. adorable. right, you're all caught up. have a good night. hello and welcome to sportsday. i'm will perry. here's what's coming up. new england head coach thomas tuchel faces the media at wembley and vows to win over his critics. pakistan's spinners rip through england's middle order to turn the second test on its head in multan. and great britain cut new zealand's lead in the america's cup after winning both of wednesday's races.
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welcome along. so, he says he's excited, proud, honoured and sorry for having a german passport. thomas tuchel didn't duck any questions at wembley on wednesday, talking about his love of england, even the national anthem that he hasn't decided whether to sing or not. he'll take over as head coach injanuary on an 18—month contract that will see him through to the world cup, if, of course, england qualify. tuchel�*s coaching career took off 17 years ago via augsburg and mainz, before he went on to win the german cup with borussia dortmund. he then moved to france and psg, winning two league titles, including a domestic treble in 2020 — that caught the attention of chelsea. he managed them from january 2021, winning the champions league, the club world cup and uefa super cup before being sacked in 2022.
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tuchel then returned to germany, winning the bundesliga with bayern munich, but left after a trophyless season that followed. he'd been out of work for five months until the fa came calling with an offer that he says he couldn't turn down. i understood very quickly that it's a big job. i think it's always the job you are in is the biggestjob that you don't get. and and it does not make a lot of sense to compare, but it feels big and it feels, like i said, like a privilege. i'm sorry, ijust have a german passport, but i can just tell them and maybe everyone, all of these supporters also felt my passion for the english premier league, my passion for the country, how i love to live here and how i love to work here. so my memories are on the highest level of that. that played a huge role. and hopefully i can convince them and show them and prove them that i'm proud to be the english manager. i will do everything to show respect to this role
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and to this country. i think, first of all, they are there, we are there. the players proved, the group of players proved that they are there. the consistency of quarterfinals, semi—finals and finals is impressive. we will need luck, we will need the momentum. we will need to be lucky to not have injuries and so on. and little decisions within the games, that is a given. even if we speak out now very openly what the target is about the second star, we have to prove ourselves all the time, and then we need to show it in qualification and build an atmosphere with the supporters and the country that extra special things can happen. well, we revealed on tuesday the five players on the shortlist for the bbc women's footballer of the year award. it's a public vote and you can pick your winner right now on the bbc sport website or app. first in the spotlight is 0rlando pride and zambia striker
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barbra banda. she's been one of the top goal—scorers in the nwsl since her move to the us, and is the highest—scoring african player, male orfemale, in olympic history. i want to be the greatest footballer in the world. everyone can read about me and say, ok, we had barbra banda. yeah. for me to be inspired in football, it came from my father, because my father used to play social football. so he's the one that i was looking up to when i was growing up. african parents were against women to play soccer, so it was very difficult for my mum to accept that. but she would always encourage me to go to school instead of doing soccer. it's just now that it has changed in africa. so it was a challenge, but the moment she accepted that, it's when i was called for the national team.
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she's now my number one fan! every time we have a game, she's the first person to be in the stadium. putting on my zambian shirt, it's very important for me. we qualified to the olympics and i managed to score another hat trick. it was a great moment for me. we were hoping to do better, but it's unfortunate that we didn't go further. it was a great experience to me and i think i'm still learning more from that. banda swerves, shoots, tallies! ifelt like i needed something to challenge myself. it's very different here. the league is more competitive. you have to up your game to get better. for me, all what i think of when i have the ball is to look off my team—mates. if i see i'm in a good position, then ijust have to take on the defender, because i know every defender is scared to be taken, so it's my advantage.
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i feel i've changed my game and i've improved in so many ways for this season with pride. banda delivers this one to the back post. it comes in the middle. banda scores! honestly, even my growing up, i've been looking up to marta. she's a very good person. the way we interact, the way she took me as a younger sister. because she has been my idol for a long time, i feel so great to be with her. it's very good for me. it has been a greatjourney for me in the past 12 months. football is what i love doing, so it'sjust in my dna. don't forget to get your votes in via the bbc sport website or app. now, sticking with women's football, there were 21 goals in the four champions league games on wednesday. nine of them came for the holders, barcelona, against swedish side hammarby. manchester city came from behind to win at sankt polten in austria. alessia russo was on the scoresheet for arsenal in a 4—1victory over
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valerenga in their first game since jonas eidevall resigned. and bayern munich, you can see there, made it two wins out of two for the season's competition with three points atjuventus. england had a tough day in the second test against pakistan. they bowled them out for 366 in their first innings, but then collapsed in theirs, despite a century from ben duckett. he was one of four wickets for sajid khan as they slid from 211—2 to 225—6 at the close on day two. alex hartley was there for test match special and spoke to my colleague 0lly foster about khan's brilliant spell. i've actually got his figures written on my hand, or the passage of play that he did. he got 4—11; in 18 balls. i was writing that down furiously, when he was just tearing through england's middle order. look, he was fantastic today. he's not played test cricket since 2021, so i guess he'll have a point to prove when it comes to that. but pakistan, outstanding today. there was a lot of questions on if they pick the right team,
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what's this pitch going to play like? they only had one seam bowler and england got the ball to reverse seam early on on day one. but i mean, pakistan, absolutely fantastic today. sajid in particular. we weren't sure if this pitch was going to break up and it was going to turn. but it obviously has done and it's what pakistan wanted. it's unprecedented times, using the same pitch twice in a row. and i think it's brilliant to see from a pakistan point of view, it gives them the best opportunity of winning this test match, and they'll be hoping that they can tear through england tomorrow and with a lead of 70, 80, and then, you know, it's their test match to win. with how the pitch was turning, i guess ben duckett�*s century looks all the better for it, doesn't it, really? i mean, he plays spin so, so well. he looks like a completely different player to when he first played test cricket against bangladesh. he couldn't really play the spin. he's worked on it so much, and he was sweeping the ball, reverse sweeping the ball, and he was in total control. he was absolutely outstanding today. and yeah, as you say, itjust makes it look even better. yeah, alex hartley
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there in multan. so, england resume 127 runs behind. it could have been a lot worse, couldn't it, without that 114 runs from ben duckett? first session tomorrowm i think it's going to be huge for us. you know, if we can bat for as much as we can and try and get as close to their total, you know, i think we'll actually be favourites. we'll certainly believe that. i think they've shown, this game, you know, with the bat and the ball that they're going to fight every single ball right till the end of the game, and try and make it as hard as they can for us. so, you know, we'll always keep believing. ithink, you know, they've had a good day today. but yeah, as i say, that first morning session is going to be huge. great britain won theirfirst gold medal on day one of the track cycling world championships. sophie capewell, katie marchant and emma finucane matched their victory in this summer's 0lympics with another gold in the women's team sprint on wednesday. the trio defeated the netherlands to become the first british women's squad to be crowned sprint world champion since 2008.
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gb have also qualified for thursday's men's team pursuit final, where they'll face the hosts, denmark. for me personally, it felt harder than winning the olympic gold medal because of the high that we'd had from the games, you know, to get back into training and to get back prepared and get in the headspace after what's been an absolutely exhausting year, to be able to come to a world championships and produce three really, really solid rides to win a gold medal, it's really, really tough. like, really, really tough. and yeah, i'm so proud that we were able to do that today.
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