we at the economist intelligence unit are looking at china's gdp growth to be 5.7% this year, much higher target of around 5%. in fact, the 5.7 already points to the fact that china will contribute to one third of the entire global economic growth this year, so that is quite impressive. that is a very significant contribution to the world economy. qian, are chinese consumers more interested right now in spending at home, or are they also looking to spend abroad once again? the question is both, but we need to look at the short term and a bit of the longer term. so for the short term, especially this year, the absent majority would be domestic spending, but going forward, especially when it comes to tourism and travel, outbound, that will start to pick up but most likely from the latter half of 2024. in the rest of the world of course we're dealing with a pretty dire cost of living crisis, and i wonder if chinese consumers are looking at what is happening elsewhere and that's adding to that sense of the lack of confidence? very good question, but the truth is, actually, especially with the

we at the economist intelligence unit i looking — economist intelligence unit i looking at chinese gdpooking at chinese gdp growth to be 57% this_ looking at chinese gdp growth to be 5.7% this year, much higher than the government— 5.7% this year, much higher than the government target of around 5%. in fact the _ government target of around 5%. in fact the 5~7 — government target of around 5%. in fact the 5.7 already points to the fact the 5.7 already points to the fact that — fact the 5.7 already points to the fact that china will contribute to one third — fact that china will contribute to one third of the entire global economic growth this year, so that is quite _ economic growth this year, so that is quite impressive. that is a very significant — is quite impressive. that is a very significant contribution to the world — significant contribution to the world economy.— significant contribution to the world economy. qian, chinese consumers _ world economy. qian, chinese consumers more _ world economy. qian, chinese consumers more interested i world economy. qian, chinese i consumers

despite the positive trends, an analyst from the economist intelligence unit told me there are economiesaling with sticky inflation.— still dealing with sticky inflation. , . ., , inflation. yes, the countries that have — inflation. yes, the countries that have seen _ inflation. yes, the countries that have seen sticky - inflation. yes, the countries i that have seen sticky inflation are the likes of the philippines and singapore and to a certain extentjapan. and that has to do with, you know, what is the idiosyncrasy of that economy, not the food price trends globally.- that economy, not the food price trends globally. how has china's reopening _ price trends globally. how has china's reopening affected - price trends globally. how has l china's reopening affected food prices in asia? is it driving up prices in asia? is it driving up consumption, is it putting pressure on prices? hat up consumption, is it putting pressure on prices?- up consumption, is it putting pressure on prices? not yet. we haven't really — pressure on prices? not yet. we haven't really seen _ pressure on prices? no

but despite the positive trend, an analyst from the economist intelligence unit in saying that thereia dealing with sticky inflation.— sticky inflation. countries that have _ sticky inflation. countries that have sticky - sticky inflation. countries that have sticky inflationl sticky inflation. countries i that have sticky inflation are the likes of the philippines and singapore into a extent japan. that has to do with what is the idiosyncrasy of the economy, not the food price trend, normally.— trend, normally. how does china's reopening - trend, normally. how does china's reopening affect i trend, normally. how does l china's reopening affect food prices in asia? is it driving consumption up, putting pressure on prices? hat consumption up, putting pressure on prices? not yet. we have not really _ pressure on prices? not yet. we have not really seen _ pressure on prices? not yet. we have not really seen that - have not really seen that affect very obviously. like i said, in some countries the inflation number have come down quite significantly, but for example thailand, the overall

unit were to share a worked in washington carolina. shively ktvu, fox two news economists predict hundreds of millions of full time jobs around the world could be automated in some way by artificial intelligence study by goldman sachs estimates that nearly 20% of the global workforce could be exposed to a automation. earlier today. on the nine we were joined by a stanford professor, and he talked about the growth of a i in the workforce and which jobs will be most impacted. anybody who works with language, which is most of us are going to be affected one way or another about 60% of the workforce is in those categories, whether you are writing adsketing materials, whether you're a lawyer doing briefs, whether you're a doctor or a nurse, reading notes and having to write notes about the patients. all those categories are gonna be affected. of course, journalists and professors are in that group as well. he also said that new wave of job replacement will impact more higher paying jobs, as opposed to the lower wage jobs that were affected in previous decades. leaders are pointing to success in a program that helps people who are homeless. find jobs as j bridge was launched last year and gives peo