
Biz Today
100 episodes — Page 2 of 2

China unveils new policy measures to support childbirth
China has unveiled new policy measures to support childbirth. What's the reasoning behind these supportive measures? How will this affect Chinese society? What's the possible impact on the Chinese economy (00:41)?
 The EU has decided to increase tariffs on Chinese-made electric vehicles. What are the implications? Can it really save EU electric vehicle manufacturers (19:01)?

Where is the world economy heading?
Chinese President Xi Jinping has called on the BRICS members to advocate for peaceful co-existence and harmony between civilizations (00:44).
 The International Monetary Fund released its latest world economic outlook. What risks is the world economy facing (15:50)?

What will China’s stimulus measures bring to the economy?
China says it will soon introduce new fiscal policies to boost the economy. During a recent press conference, Finance Minister Lan Fo'an says the package aims to help local governments defuse their debt risks and bolster the housing market. What is the rationale behind the plan? How will these fiscal policies work together with monetary policy to stabilize the property sector, and boost Chinese economy (00:45)?
 Tesla has unveiled its latest driverless tech, the Cybercab. How could this new product change the future of transport (19:35)?

China introduces a series of policies to boost the economy
China has announced measures to boost domestic consumption and revive the housing market as it seeks greater economic growth. China's top economic planner, the National Development and Reform Commission, says it will implement various supportive policies to boost economic growth further. This comes after officials implemented a series of stimulus policies in late September. What effects can we expect from these stimulus measures? What’s the outlook for China’s economy for the rest of the year?

Can China’s latest home-buying policies stimulate the property market?
Top-tier Chinese cities Beijing, Shanghai, Guangzhou, and Shenzhen have released a series of measures to boost local property markets. Why are they making these moves now? Can they stimulate China’s property market? What do they mean for individual home buyers (00:41)?
 We’ll also discuss the future of European competitiveness (17:15).

Can China's latest stimulus measures help boost the economy?
China has announced a slew of policies to support the economy. The measures include cutting the bank's reserve requirement ratio, lowering mortgage rates on existing home loans, and new tools to boost the stock market. Why these specific measures now? How will these supportive policies affect the real estate market and individual home buyers? Can these policies address the market concerns? And what do all these mean for the real economy?

What’s behind the US Fed rate cut?
The U.S. Federal Reserve cut interest rates by half a point. What's the importance of this first cut in four years? What could be the ripple effects (00:42)?
 OpenAI releases its new AI models featuring “reasoning”abilities. What's unique about it and why do we need it (20:23)?

Who are on China's Top 500 Enterprises list?
China's new negative list for foreign investment has removed all access restrictions to the manufacturing sector. What does it mean for China’s further opening up (00:40)?
 We’ll also take a look at who are on the list of China's top 500 enterprises, and what are their respective strengths(16:35)?

What monetary policy is needed for the global economy?
Inflation has eased in the US and Europe, allowing policymakers to lower interest rates later this month. What is the outlook for the global economy? What kind of monetary policy is needed? (00:41)
 We'll also examine China-Africa trade and economic ties. (19:05)

Decoding China's economy
China's industrial profits grew 3.6 percent from January to July, with high-tech manufacturing profits rising by almost 13%. What was the private sector's role (00:45)?
 US Fed Chair Jerome Powell signaled that an interest rate cut is imminent. How quickly can it come (18:13)?

Why the phenomenal popularity of "Black Myth: Wukong"?
The 2024 World Robot Conference takes place in Beijing. Humanoid robots take the center stage. What are the latest advancements in robotics technology (00:45)?
 China's first triple-A video game,"Black Myth: Wukong" has hit the market big time! What is driving its success (15:58)?

Is the US economy facing high risk?
The US has released its latest CPI inflation number. How might the Federal Reserve react with its monetary policy? How big a concern is the US national debt level (00:40)?
 Foxconn is hiring more workers for the world's largest iPhone factory in Henan Province. Why is Apple coming back to China? Why is Apple planning to invest 1 billion yuan to build new business headquarters and a research and development centre in Zhengzhou (16:52)?

How will China’s historic Olympic tennis wins boost the market?
This summer, China is witnessing a booming tennis economy as Chinese player Zheng Qinwen won the women’s singles gold. At the same time, Zhang Zhizhen and Wang Xinyu claimed the silver medal in mixed doubles at the Paris 2024 Olympic Games. How will the historic victories boost China’s tennis economy? (00:45)
 Goldman Sachs says the chance of a U.S. recession in the next 12 months has risen from 15% to 25%. What contributes to the recession probability, and has the US reached an economic turning point? (14:58)

What’s the current state of the world economy?
The International Monetary Fund recently upgraded its economic growth outlook for China while lowering its forecast for the United States. What are the details of the world economy? What challenges lie ahead? And what could be done to deliver a soft landing?

Elon Musk says Tesla will start using humanoid robots next year
The cost of shipping goods around the world has more than doubled since April. It now costs almost 10,000 US dollars to send a 40-foot container from Shanghai to New York. Meanwhile, China's seaborne container shipments to the US jumped 15 percent by volume yearly in June. What’s the current state of international trade? What is China’s role in it ?(00:42)
 Elon Musk says Tesla will start using humanoid robots next year. What does this mean for EV sector competition(18:00)?

How did the Chinese economy perform in the first half of 2024?
China's gross domestic product grew five percent in the first half. How should we interpret the country’s economic growth this year (00:37)?
 We’ll also take a look at China's humanoid robot sector development. Why is the Chinese market so huge? (19:17)

Why did BYD invest a billion US dollars in Turkiye?
The number of internet users in China has reached one billion. What does it mean for China’s digital economy (00:43)?
 BYD, China's leading electric car maker, has announced an investment of one billion US dollars in Turkiye. Why is it investing now (18:50)?

Where are the new opportunities in China’s economy?
China's private Caixin manufacturing PMI survey, which covers smaller firms, reached a three-year high of 51.8 in June. Analysts say this is pointing to a steady recovery of China’s economy. Where are the new opportunities in China’s economy (00:40)?
 The UN General Assembly adopted a resolution by China calling for stronger international cooperation on artificial intelligence (20:07).

Premier Li urges global cooperation on sci-tech issues at Summer Davos
Chinese Premier Li Qiang urged global cooperation on scientific and technological issues during his speech at the opening ceremony of the Summer Davos in Dalian. He also called on the international community to work closely and oppose bloc confrontation and decoupling (00:45).
 China's Ministry of Commerce hit back at US plans to curb investment in critical Chinese tech industries (22:25).

China makes efforts to boost innovation
The National Bureau of Statistics says China's economic performance remained stable in May with improvements in major indicators, especially in high-tech manufacturing. However, the bureau also says challenges remain at home and abroad. What is the current state of the Chinese economy? What are the signals behind the indicators? And what has China done to cope with its current challenges (00:39)?
 We'll also look at how the country is making efforts to boost innovation (20:24).

How can Chinese EV makers cope with EU tariffs on China?
China says it's strongly dissatisfied with the European plan to impose provisional duties on imports of Chinese electric vehicles. What is behind this EU decision? What specific impacts will they have on China's new energy vehicle exports to the European market (00:40)?
 Apple says ChatGPT will be accessible on its devices later this year (18:25).

Why is congestion at Singapore port escalating?
OPEC+ has agreed to extend over 60 percent of its oil output cuts well into next year. Why is this extension needed(00:43)?
 Congestion at Singapore port has escalated, leading to significant shipping delays and price surges. What does it mean for global supply chains (15:43)?

China set up its third investment fund to boost chip industry
The International Monetary Fund expects China’s economy to grow 5% this year, raising its forecast from the previous 4.6%. The IMF credits this revision to China’s strong economic performance in the first quarter and a raft of new policy measures. What are the main drivers for China’s economy right now (00:40)?
 China has set up its third investment fund to boost its chip industry. What will be the focal areas of the third phase of the Big Fund for its investment (16:33)?

China takes historic steps to stabilize property sector
China has announced historic steps to stabilize its property sector, including removing mortgage rate floors and lowering the minimum down payment ratios. What do these measures mean for China’s property sector? How has the market responded (00:40)?
 Microsoft has announced its new products with a heavy focus on artificial intelligence. Meanwhile, the European Union has approved new landmark rules regarding artificial intelligence. How could companies balance safety and the pace of technology advancement in AI (20:04)?

China opposes U.S. tariff hikes on EVs, solar cells and others
US President Joe Biden has announced higher tariffs on Chinese goods. The increases apply to about 18 billion US dollars of imports from China, including electric vehicles, semiconductors and solar cells. China says the US decision to impose additional tariffs on Chinese imports is politicizing trade and economic issues. Will the US tariff hikes increase costs for US consumers? To what extent will it damage global industrial and supply chains (00:38)?
 The OECD has recently given its updated forecast on global economic growth, which it expects to hit 3.1 % this year. What’s the current state of global economy (12:39)?

What is the key driver for China-Europe economic cooperation?
During President Xi Jinping's visit to France, China and France issued joint statements on strengthening cooperation and coordination in multiple areas. The two sides have signed 18 cooperation agreements between government agencies in aviation, AI governance, people-to-people exchanges, green development, and agricultural cooperation. Following the visit to France, President Xi Jinping also pays state visits to Serbia and Hungary. So, what message does President Xi’s trip to Europe send? What’s the impact of his visit on boosting economic cooperation between China and Europe?

How far along is Tesla’s FSD rollout in China?
The 2024 Beijing International Automotive Exhibition has been held with electric and hybrid vehicles taking center stage. Featuring nearly 280 new energy models, the event impressed visitors with advanced technologies and affordable options. What are the show’s highlights, how can automakers maintain competitiveness moving forward?
 Tesla CEO Elon Musk is hundreds of billions of dollars richer after receiving encouraging news during his latest China trip. The company's locally produced EVs passed the country's data security test, and the US automaker secured a deal to use maps from China’s search giant Baidu. How will these developments pave the way for Tesla’s Full Self-Driving rollout in China?

Why accusations of Chinese NEV industry "overcapacity" are groundless
Some US and Western politicians and media outlets have recently claimed "overcapacity" in China's industrial sector. They have focused on the growth of Chinese manufacturing in new green industries like electric vehicles, lithium-ion batteries, and solar panels. In 2023, China became the world's largest auto exporter, with a significant increase in sales of new energy vehicles. What's behind China's NEV success? Why does the "overcapacity" narrative conflict with the global demand for new energy vehicles and basic economic principles?

China's economy grows 5.3% in Q1, beating expectations
China's economy shows sustained recovery and improvement in the first quarter, with GDP growth hitting 5.3%. Data shows that increased retail sales, investment growth, and increasing imports and exports all indicate the steady recovery of the country's economy. We’ll also hear about the latest consumption trends from the China International Consumer Products Expo in Hainan (00:53).
 The IMF has lifted its global economic outlook for this year to 3.2 percent. What are the challenges and opportunities facing the world economy (19:40)?

What are the highlights from US Treasury Secretary Yellen’s visit to China?
U.S. Treasury Secretary Janet Yellen wrapped up her visit to China. What are the highlights of the visit (00:46)? 
 The U.S. consumer price index rose 3.5% in March. What does the latest figure mean for the Federal Reserve’s future interest rate cuts (14:36)?

China's manufacturing PMI sees rapid expansion in March
China's manufacturing sector experienced its most rapid expansion in over a year in March. The official PMI rose from 49.1 in February to 50.8 in March. What does it mean for China's economy (00:37)?
 A survey conducted by Japan's central bank reveals that business sentiment among major non-manufacturing companies in the country has reached a three-decade high in the first quarter of 2024. What's the current state of Japan's economy, and what is the key that will allow the central bank to raise interest rates again (18:25)?

What are the new drivers for the Asian economy?
The Boao Forum for Asia was held this week in Hainan province. Global security, the world economy, science and technology innovation, and the impact of artificial intelligence topped the agenda. The forum has released its annual report on Asia's economic prospects, calling for growth of 4.5% this year, supported mainly by solid consumption. What are the driving forces for Asia’s economy? What are the potential challenges? What advantages do Asian economies have when it comes to disruptive technologies like AI?

What are the new opportunities in China's economy?
China's industrial output grew 7% in the year's first two months, beating expectations and marking a solid start for China's economy in 2024. Meanwhile, China has issued a broad plan to attract foreign investment further. What are the new opportunities in China (00:40)? 
 US tech giant NVIDIA unveils its new super-chip as it drives closer cooperation with Chinese EV maker BYD (17:27).

Will China's auto exports continue to grow in 2024?
China's auto exports jumped over 30 percent in the first two months of this year. What were the main factors (00:43)?
 Japan's economy has narrowly avoided recession after revising its official economic growth figures. However, Tokyo's stock market has been riding high since the beginning of the year despite economic stagnation. How does that happen? Is Japan's economy at a turning point (17:50)?

Why is “around 5%” a realistic goal for China's economy in 2024?
Economic issues are a focal point for China's national legislators and political advisors during this year's Two Sessions. China has set an economic growth target of around 5% for 2024. What messages have been sent from this year's Two Sessions? How will they shape China's economic future?

What is China's role in global trade and economic growth?
Trade ministers worldwide have gathered in Abu Dhabi for a World Trade Organization meeting to set new global commerce rules. "Don't take economic resilience for granted" -- that's the message from WTO chief Ngozi Okonjo-Iweala. What are the most significant challenges for global trade? What does it mean for the global economy? What is China's role in international trade and economic growth?

OpenAI reveals new Artificial Intelligence tool “Sora”
China’s central bank has cut its benchmark five-year mortgage rate by 25 basis points. What does it mean for the property sector? And what does it mean for the economy this year (00:38)?
 OpenAI has revealed a new Artificial Intelligence tool called “Sora.” What does the latest leap in AI mean for different industries? How should people prepare for it (17:57)?

What are the main drivers for China's digital finance and digital economy?
Chinese consumers have flexed their spending power during this year’s Spring Festival holiday (00:40). 
 
 China's digital finance has gone global, enabling tourists to travel abroad with "one wallet.”So, what are the main drivers for China's digital finance and digital economy? What does this growth say about China’s economic policy (15:20)?

What are the new trends in China’s Spring Festival consumption?
Across China, vibrant Spring Festival celebrations are underway as the nation reaches the pinnacle of its most important holiday season. The Chinese Lunar New Year is about homecomings. This year, Chunyun, or the Spring Festival travel rush, is expected to set a new record of nine billion passenger trips during the 40-day travel peak. Meanwhile, China's leading online shopping platforms also capitalize on the traditional high-spending season. So, what are some of the new trends in China’s Spring Festival tourism and consumption? What does all this say about the country's economy (00:38) ?
 We also take a look at global AI governance (19:40).

Can global economy avoid “hard landing” in 2024?
The International Monetary Fund has revised its outlook for the global economy this year. It now predicts global growth will hit 3.1 % in 2024. What’s the current situation of the global economy? What are some of the main challenges lying ahead? Can the international economy avoid a “hard landing"?(00:43)
 China urges breakthroughs in GPUs, robotics, and quantum computing to drive “future industries".(20:12)

Global shipping prices rising as Red Sea crisis deepens
Global shipping rates are rising as Houthi forces continue to attack ships in the Red Sea. Data shows that the cost of shipping from Asia to Northern Europe has surged 460% compared to mid-October. The IMF says maritime traffic through the Suez Canal is down 37% this year. What is the impact of the Red Sea crisis on global logistics and the economy (00:40)?
 
 The World Tourism Organization says global tourism will fully recover from the pandemic in 2024. What’s the driving force behind the rebound of tourism activity (18:38)?

China's economy grows by 5.2% in 2023
Chinese Premier Li Qiang has addressed the World Economic Forum, highlighting China's contribution to global economic growth (00:45).
 China's 2023 economic performance exceeded expectations, with GDP increasing 5.2%. What does this figure reveal about the overall economic landscape in China, and can we infer any specific trends or opportunities from this growth rate (17:58)?

What is behind tourism miracle in Chinese "ice city" Harbin?
China's "ice and snow city" Harbin is seeing an unprecedented influx of tourists. Many people from warmer parts of the country flock to the frosty North. What is behind this tourism miracle in Harbin? Is it part of a new driving force for the revival of China's Northeast region (00:39)?
 China plans to facilitate common prosperity through the digital economy (15:50).

China’s first home-built cruise ship sets sail on maiden voyage
China’s Caixin manufacturing PMI rose to 50.8 in December from 50.7 in November. Meanwhile, China's official PMI, which includes both manufacturing and non-manufacturing activities, came in at 50.3 in December. How is Caixin manufacturing PMI different from the official PMI? What can it tell about China's manufacturing sector? And what’s the current situation of China’s economy (00:44)? 
 The first home-built cruise ship in China sets sail on its maiden voyage (19:55).

What to expect for the world economy in 2024?
The world economy has weathered a lot of challenges this year. Many international institutions expect global growth to slow in 2024 due to elevated interest rates, higher energy prices, and geopolitical uncertainties. What has been happening for the global economy in 2023? What are the challenges expected ahead? Can technological advancements deliver new drivers for the global economy?

China's reform and opening-up 45 years on
This year marks the 45th anniversary of China's reform and opening up. It's also been ten years since China decided to deepen reforms. China is now the world's second-largest economy and the largest manufacturer. What does it mean when we talk about reform and opening-up? How has China's economy developed over the past 45 years(00:43)?
 We'll also look at ChatGPT. Nature magazine has included it among the top 10 most influential researchers of the year (16:43).

China plans to boost economic recovery in 2024
China held its annual Central Economic Work Conference this week as Chinese leaders decided on the priorities for next year's economic work. How does China plan to navigate through headwinds and boost its economic recovery in 2024? What favorable factors will continue to support China as a significant contributor to the global economy?

How have China’s car makers managed to get ahead in the EV era?
Chinese President Xi Jinping has called on Shanghai to deepen reform and opening up. What is Shanghai’s role in China’s high-quality development (00:44)?
 We’ll also take a look at how China’s car makers managed to get ahead in the EV era (11:15).

Stabilizing the global supply chain
The first China International Supply Chain Expo was held in Beijing this week. It aimed to provide a platform for enterprises to expand trade and investment cooperation. It covered many areas, including smart vehicles, green agriculture, clean energy, and digital technology. What must be done to stabilize and build more trust in the global supply chain (00:44)?
 Germany's GDP fell by 0.1 points in the third quarter compared with Q2. Is Germany’s economy headed for a recession (18:23)?

What does OpenAI's high drama mean for progress in AI?
The artificial intelligence sector has faced high drama recently, partly because of OpenAI and its CEO, Sam Altman. Altman is back as CEO after OpenAI’s board fired him a few days ago, and staff nearly revolted. Meanwhile, AI is already transforming the workplace. How will the development of AI change our work and life? What should be done to regulate it (00:41)?
 China and Saudi Arabia have signed a local currency swap agreement. What does it mean for the two countries (21:30)?