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tv   Business Today  BBC News  January 17, 2025 4:30am-4:45am GMT

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hitting the target. china says its economy grew by 5% last year. plus, bracing forthe tick—tock band. us influences tell us how it will hurt them financially. hello and welcome to business today. i'm steve lai. we begin in china — where official figures show the economy grew by 5% last year — hitting the target set by the government. it was an achievement the head of china's statistics bureau said was a difficult one.
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it comes as of the slowest annual growth rates in decades as the world's second—largest economy faces a number of challenges. it involves policies that was helping those with hidden debt. it looks like some of these stimulus measures have taken into account and helped grow —— — growth in china. looking at some of the numbers coming out today, that fourth—quarter growth rate of 5.4%, that was ahead of expectations. the market had been expecting 5% and that is, of course, ahead of the third order growth numbers which was at a pace of 4.16. in fact, numbers which was at a pace of 4.16. infact, if numbers which was at a pace of 4.16. in fact, if we look at the pace of growth in the fourth of last year that is the quickest pace of growth we have seen since the second quarter of 2023, nice to see some signs of 2023, nice to see some signs of life there, that some of the stimulus that china has undertaken has been helping growth and helped to support
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growth. not only that if we look at the quarterly number for q4 look at the quarterly number for 04 at look at the quarterly number for q4 at1.6%, we look at the quarterly number for 04 at 1.6%, we have seen the third quarter numbers also revise upwards to 1—way 3%. nice to see some numbers ahead of expectations and, of course, for 2024 hitting the growth target of 5%.— for 2024 hitting the growth taruet of 5%. ~ ., ,, , . target of 5%. what you predict auoin target of 5%. what you predict going forward _ target of 5%. what you predict going forward for— target of 5%. what you predict going forward for 2025? - the key concern is the trade in tariffs on the way they might impact on the china economy. we saw some renewed forecast coming up from the world bank around chinese growth and expecting to see chinese growth for down to four this year before falling down to 4%. but just watching stimulus to see whether that takes cold and, of course, the key for the chinese economy is going to be the property market would still remains relatively weak. at the moment what we are seeing is
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the chinese currency businesses to hire highly skilled reversals from overseas. the programme has divided from supporters and raise concerns in india. we explain why. raise concerns in india. we explain why-— raise concerns in india. we explain why. raise concerns in india. we exlainwh. ., explain why. the visa is one of the hottest — explain why. the visa is one of the hottest debates _ explain why. the visa is one of the hottest debates in - explain why. the visa is one of the hottest debates in us - explain why. the visa is one of| the hottest debates in us now, pitching donald trump
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supporters from the tech industry against his far right loyalists. silicon valley, which depends on eight ib visas to hire specialist foreign workers to run its companies, says it feels a big gap in the west workforce. tech billionaire elon musk now a key was sent from's policy circle has debated these visas, saying who the two those who built tesla, and many who built america strong, use these. it undercutsjobs america strong, use these. it undercuts jobs and america strong, use these. it undercutsjobs and wages america strong, use these. it undercuts jobs and wages for americans. undercuts jobs and wages for american— americans. the hbvi visa programme _ americans. the hbvi visa programme is _ americans. the hbvi visa programme is a _ americans. the hbvi visa programme is a total - americans. the hbvi visa programme is a total and | programme is a total and complete scam concocted by the easy money on wall street. these — easy money on wall street. these visas are a go to tool for big takalak amazon, google, telecom to hire specialist foreign talent like programmers, engineers, scientists, whose salaries are often lower than their american peers. 0nly
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often lower than their american peers. only 85,000 hbvi visas are issued annually with engineers from india receiving more than 70% of them. indian it firms have been serving the us market for over three decades. they see these visas are needed to offer on—site services to the us clients. it services to the us clients. it is really not about immigration, it is about the availability of global talent and access to the global talent _ and access to the global talent. as you know, there is no better_ talent. as you know, there is no better place than the largest talent poole, which is available in india. 30% of the start-ups— available in india. 30% of the start—ups are being done by indians_ start—ups are being done by indians in_ start—ups are being done by indians in the us. start-ups are being done by indians in the us.— indians in the us. donald trump's _ indians in the us. donald trump's first _ indians in the us. donald trump's first term - indians in the us. donald trump's first term saw i indians in the us. donald trump's first term saw a | trump's first term saw a crackdown on hbvi visas, or denial rates are spiking to 24%. indian it services firms however say they are ready if these visas are harder to come by in his second term as well. and their big tech clients may wield more influence now. while trump has vowed to restrict immigration and abort all illegal immigrants, lately he seems more receptive to
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reforming legal roots like the hbv1. ~ . ., ., reforming legal roots like the hbv1. ~ ., ., , hbv1. we need common to people, when is my — hbv1. we need common to people, when is my people _ hbv1. we need common to people, when is my people coming - hbv1. we need common to people, when is my people coming into - when is my people coming into our country. we need a lot of people — our country. we need a lot of people. again, we will have jobs — people. again, we will have jobs like _ people. again, we will have jobs like we never had before. the us— jobs like we never had before. the us tax act argues the country needs more skill foreigners to remain globally competitive. forthe foreigners to remain globally competitive. for the incoming president, though, it is now going to be a test to balance economic and political interests of his diverse support base. l115 interests of his diverse su--ort base. ,, . , ., support base. us influences are read in: support base. us influences are readying for _ support base. us influences are readying for a — support base. us influences are readying for a tiktok _ support base. us influences are readying for a tiktok van - support base. us influences are readying for a tiktok van is - readying for a tiktok van is due to take effect this weekend unless it's chinese owner by assaulted by the end of january. the supreme court is set to rule on whether the law will be upheld. donald trump could find a way to save the platform according to his incoming advisor. the bbc caught up with two tiktok users. i caught up with two tiktok users. ., ~ . ., users. i do think creative voices are _ users. i do think creative voices are being - users. i do think creative voices are being heard, i j users. i do think creative - voices are being heard, i don't the business is being heard that will be affected by this.
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i think this decisions are being made at such a high level where you just feel left out a new kind of feel powerless. even though some of that is so important. it is truly a lifeline for a lot of people and they don't think that has been taken into consideration as much as you would think it would be. as much as you would think it would be— as much as you would think it would be. h , ~_, would be. it's why ayane where am today and — would be. it's why ayane where am today and is _ would be. it's why ayane where am today and is why _ would be. it's why ayane where am today and is why i _ would be. it's why ayane where am today and is why i am - would be. it's why ayane where am today and is why i am here | am today and is why i am here pursuing— am today and is why i am here pursuing entertainment in new york_ pursuing entertainment in new york to — pursuing entertainment in new york to this day. brands and companies, when they want to do advertisements they would wanted to be on tiktok. so indirectly— wanted to be on tiktok. so indirectly tiktok was the majority of my income, yeah, all brands _ majority of my income, yeah, all brands want their staff to be promoted on the app. new all brands want their staff to be promoted on the app. nsw has been on instagram _ be promoted on the app. nsw has been on instagram primarily - be promoted on the app. nsw has been on instagram primarily and l been on instagram primarily and tiktok and the audiences don't transfer as much as you would think. by the people who have hundreds of thousands of tiktok followers and only 10,000 instagram followers, china is still a decent chunk, but it is not a survivable amount as a
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creator if that is your only source of income. influencing, modelling. — source of income. influencing, modelling, it's _ source of income. influencing, modelling, it's women - source of income. influencing, i modelling, it's women dominated fields _ modelling, it's women dominated fields 50 — modelling, it's women dominated fields. so tiktok is putting a lot of— fields. so tiktok is putting a lot of money into women's pockets, _ lot of money into women's pockets, so why would hate to see that — pockets, so why would hate to see that go. people are finding community, people who have never — community, people who have never really had i was assuring the story _ never really had i was assuring the story. so why would hate to see all— the story. so why would hate to see all of— the story. so why would hate to see all of that go.— see all of that go. shares of nintendo — see all of that go. shares of nintendo have _ see all of that go. shares of nintendo have fallen - see all of that go. shares of nintendo have fallen by - see all of that go. shares of. nintendo have fallen by around 5% injapan nintendo have fallen by around 5% in japan following the announcement of its latest video game console, the switch two. the new console will have a bigger screen compared with predecessor. some gamers were underwhelmed by the product and the lack of detail surrounding its price or release date. nintendo has said it will share more information in april. is this the year when automated vehicles like robotaxi's start to go mainstream? that's the question we are asking here on this weekend's talking business. the biggest player in the united states is waymo, owned by google parent company alphabet. it is already
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operating robotaxi's in several cities but it is not all going smooth. mikejohns ordered want to take him to the airport a few weeks ago. he told us about what happened next. the few weeks ago. he told us about what happened next.— what happened next. the car comes up. — what happened next. the car comes up, the _ what happened next. the car comes up, the door - comes up, the door automatically opens, you are feeling good, people are looking around, well, that is a view to, he get in the car, shut the door, the car takes off. those same people are looking. that's the funny part. people are looking. now the car is going in a circle. 0k, why is going in a circle. 0k, why is this happening to me on a monday. at this point it is probably lap 45 and you hear the voice coming of the system. "this is waymo support." i had is scheduled and planned to do this ride with my son, because it will be a normal thing for him, so why might as well start at a young age, he is only 12. it would have been a lot different had he been in the car. why is this thing going on a circle, i'm getting dizzy, look at what it is doing! we
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are currently _ look at what it is doing! we are currently working with the situation _ are currently working with the situation in the vehicle. we went from _ situation in the vehicle. we went from this _ situation in the vehicle. - went from this humourless experience to this is a recognised voice, the voice commits instructing me, telling me something. it is a little bit soothing, but is this a person? i have they said on, can't get out of the car, has this been hacked? what is going on? ifeelake in this been hacked? what is going on? ifeel ake in the movies. somebody playing a joke on me? i have a flight to catch. you need to _ i have a flight to catch. you need to tap _ i have a flight to catch. you need to tap on _ i have a flight to catch. you need to tap on my - i have a flight to catch. you need to tap on my trip - i have a flight to catch. you need to tap on my trip on i i have a flight to catch. you need to tap on my trip on the lower— need to tap on my trip on the lower left— need to tap on my trip on the lower left corner of your app. why — lower left corner of your app. why is— lower left corner of your app. why is my— lower left corner of your app. why is my phone part of this discussion was mobile app six or whatever i had to do the edit the ride and they were able to also correct their mistake. we are part of an experiment and you are paying to be a part of this experiment and any mistake that happens we just autocorrect as we go along stop when it comes to autonomous vehicles on the road we are stihllers half eight phase. we are stihllers half eight hase. ~ . . ., we are stihllers half eight hase. . .,
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phase. according waymo the issue was — phase. according waymo the issue was resolved _ phase. according waymo the issue was resolved and - phase. according waymo the issue was resolved and he i phase. according waymo the | issue was resolved and he did catch a flight from arizona to southern california which he said was fortunately delayed. thanks for your company here on business today. thanks for watching. hey, it's dylan
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with the catch up. the us says it is confident a ceasefire in gaza will come into effect on sunday in the first step towards a permanent truce in the conflict between israel and hamas. reports say the final negotiations between the two sides are been wrapped up, but we're still waiting for israel's security cabinet to vote to approve the deal. 0n the ground in gaza, officials say more than 80 people have been killed in israeli strikes ahead of the ceasefire coming into force. 0ur correspondent sent this update on who might take control of gaza if the deal holds. if the ceasefire deal comes into effect as planned on sunday, there is no real plan in place. israel has not prepared a plan as to what will happen and who will be in charge during that immediate period so it is very possible that we will see the previous government, which is effectively hamas, coming out of the woodwork and again trying to exert influence and positions of power. next, a teenager has been found
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guilty of murdering 15—year—old elianne andam after an argument about a teddy bear. hassan sentamu repeatedly stabbed eli outside a shopping centre in croydon in september, 2023. he has admitted manslaughter but claimed he was not in control of his actions due to his autism. time now to leave you with these incredible pictures from florida ofjeff bezos' blue 0rigin spacecraft. this video shows the rocket launching into space, and it puts the company one step closer to competing with its rival, spacex. that's it from me. you are all caught up.
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hello and welcome to sportsday. i'm tulsen tollett. a comeback victory sealed with a kiss as amad diallo's hat—trick sees manchester united beat southampton. mitoma on target as brighton beat ipswich and move up to ninth. sione tuipilotu named as scotland captain ahead of the six nations getting under way next month.
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thanks forjoining us. in the premier league, manchester united's amad diallo scored a 12 minute hatrick as his side came from a goal down to beat southampton 3—1 at old trafford. the saints benefitted from an own goal to lead until late on when diallo stole the show and secured all three points which take the red devils up to 12th in the table. the ivorian's heroics come after he agreed a new contract with the club this week and it also eases the pressure on manager ruben amorim. if you train well, good things are going to happen so he has the same responsibility as every player that plays for manchester united but is having a great moment, he is doing a very good season but like i said,

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