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in Hackney. Shereka Marsh was killed with a single gunshot wound to the | :00:00. | :00:00. | |
back. Now we have all the latest in business. | :00:00. | :00:17. | |
Pivotal tour. China's President leads a business delegation to | :00:18. | :00:21. | |
Europe as manufacturer data also an eight`month low. | :00:22. | :00:25. | |
And why authorities in India want to tackle the problem ahead of national | :00:26. | :00:35. | |
elections. Welcome to this edition of Asia | :00:36. | :00:40. | |
Business Report. Before we look at President Xi Jinping's visit to | :00:41. | :00:46. | |
Europe, news in the last hour. Key Chinese manufacturing data shows a | :00:47. | :00:52. | |
four to eight month lows. China's economy is headed to a slowdown. | :00:53. | :01:07. | |
Asian stocks which had been rising following the data offer an early | :01:08. | :01:14. | |
indicator of where china's economy is headed. An eight`month low, is | :01:15. | :01:23. | |
this something to worry about all is this a signal that china's economy | :01:24. | :01:26. | |
is on the trajectory the government is hoping for? I can assure | :01:27. | :01:32. | |
investors will not be pleased with the news. Higher numbers are always | :01:33. | :01:36. | |
more welcome. But the Chinese Premier did warn that expectations | :01:37. | :01:48. | |
were being adjusted this year. Targets had been set much lower than | :01:49. | :01:55. | |
the Golden figure. It is the figure that the government would need to | :01:56. | :02:04. | |
reach to hit domestic stability. The Premier has already said that the | :02:05. | :02:07. | |
government will tolerate a slower pace of growth. That is what this is | :02:08. | :02:15. | |
indicated. You see that they will tolerate that. The leadership at the | :02:16. | :02:21. | |
National People's Congress said they were keen to clamp down on | :02:22. | :02:27. | |
pollution. How might this impact the manufacturing industry? It will | :02:28. | :02:32. | |
absolutely impact, particularly in the north`east, a traditional | :02:33. | :02:41. | |
manufacturing belt. Many factories that produce things like steel have | :02:42. | :02:47. | |
already been told that they need to clean up their act. Many of the | :02:48. | :02:53. | |
factories have been told they need to simply shut down and move inland | :02:54. | :03:03. | |
waterway from Beijing. A lot of effort has focused on cleaning up | :03:04. | :03:07. | |
the air. That will have an impact on the dirty industries. | :03:08. | :03:15. | |
China's Xi Jinping is making his first visit to Europe as president. | :03:16. | :03:19. | |
He will be meeting with President Obama. Comes after years of trade | :03:20. | :03:32. | |
tensions. Still big deals in the offering. | :03:33. | :03:37. | |
The Chinese leader on a landmark offer to deals in which it would | :03:38. | :03:48. | |
feature prominently. The Netherlands is offering a sumptuous welcome. | :03:49. | :03:55. | |
They will then visit Paris. Nothing is confirmed, but it is hoped that | :03:56. | :04:00. | |
Airbus may get a major deal to sell 150 passenger jets to China. A deal | :04:01. | :04:05. | |
linked to the opening of the new Airbus. Several sectors are being | :04:06. | :04:16. | |
eyed by Paris. A carmaker will sign a long`awaited deal, opening up the | :04:17. | :04:25. | |
capital to the Chinese. He will then had to Brussels for the first ever | :04:26. | :04:32. | |
visit. Trade deals have improved since the resolution of an | :04:33. | :04:34. | |
anti`dumping row of Chinese solar panels. The visit comes at a crucial | :04:35. | :04:42. | |
time in international affairs. The EU is downgrading ties with Russia | :04:43. | :04:48. | |
because of its actions in Crimea. For China that can only be an | :04:49. | :04:52. | |
opportunity. A favoured reception leading to better trading terms and | :04:53. | :04:57. | |
perhaps to that particular prize in Beijing, more transfers of Western | :04:58. | :05:05. | |
technology. India has seen a growing phenomenon | :05:06. | :05:10. | |
called page news, where money changes hands in return for | :05:11. | :05:14. | |
sympathetic media coverage. There have been hundreds of cases | :05:15. | :05:17. | |
involving politicians, celebrities and businessmen paying for reports | :05:18. | :05:25. | |
dressed up as news. They are trained to tackle the problem. | :05:26. | :05:31. | |
It is early in the morning and thousands of newspapers arrive in | :05:32. | :05:41. | |
this deli ready for delivery. Like me, most of India's 800 million | :05:42. | :05:44. | |
voters would depend on newspapers voters would depend on newspapers | :05:45. | :05:47. | |
for a source of news. What is printed really matters. Especially | :05:48. | :05:53. | |
in an election year. But now some people are concerned what is printed | :05:54. | :05:59. | |
is not always the truth. And they point to a phenomenon known in the | :06:00. | :06:06. | |
country as paid news. It started almost ten years ago. These presses | :06:07. | :06:12. | |
belong to one of India's guest media houses. And to keep them busy, the | :06:13. | :06:21. | |
company had an idea. It began charging celebrities and businessmen | :06:22. | :06:27. | |
to cover show business and products in special supplements. It was | :06:28. | :06:38. | |
unique because it offered advertisers something, more | :06:39. | :06:40. | |
visibility. They wanted a comfortable, believable advertorial | :06:41. | :06:49. | |
environment. We provided that. Increasingly politicians have paid | :06:50. | :06:53. | |
to appear in print. Papers do not always like that. There is no law | :06:54. | :06:59. | |
against it. `` do not always advertise that. The electoral | :07:00. | :07:03. | |
commission has monitored this. But that is for exceeding election | :07:04. | :07:13. | |
expenses, not misleading voters. This man stood in the assembly | :07:14. | :07:18. | |
election last December. He was fined for paying for beneficial coverage. | :07:19. | :07:24. | |
He wants to fight the seat again and is angry at what he insists was a | :07:25. | :07:32. | |
false indictment. TRANSLATION: The commission is absolutely wrong. They | :07:33. | :07:37. | |
helped me guilty. This is not my fault. I am famous. If I visit, some | :07:38. | :07:43. | |
local newspapers want to cover that. I have not paid a single penny. | :07:44. | :07:50. | |
Whether you think page news is acceptable or not, the reality is | :07:51. | :07:54. | |
that many these newspapers you will find examples of stories that have | :07:55. | :08:00. | |
been paid for. You would not know about it. That is why it has become | :08:01. | :08:06. | |
one of the big topics. The world 's retail Congress kicks | :08:07. | :08:11. | |
off today in Singapore Asia's growing e`commerce sector will be | :08:12. | :08:17. | |
high on the agenda. It has outpaced any other, but it also poses | :08:18. | :08:20. | |
challenges of the wall's largest retailer. `` for the world's. . In | :08:21. | :08:32. | |
the US and Europe, they are 10% of total sales. In Asia, it is three | :08:33. | :08:39. | |
`4%. But we think it will rise to something like 10%. Many of the | :08:40. | :08:44. | |
trends that the US and Europe are being felt. What kinds of issues? | :08:45. | :08:58. | |
For most retailers it is, how do the stores, how those coexist with smart | :08:59. | :09:04. | |
phone and Internet. Thinking up strategies to make sure that | :09:05. | :09:09. | |
customers do not just online. They have strategies in terms of customer | :09:10. | :09:13. | |
experience and marketing to make them come in. As you said, there are | :09:14. | :09:22. | |
so many different variants and ways people can pay. What will be the | :09:23. | :09:33. | |
true mode? There will not be one mode. The challenge for retailers is | :09:34. | :09:38. | |
to create multiple modes. Some people will want to continue to shop | :09:39. | :09:42. | |
in store. Retailers have systems that a future proof and allow them | :09:43. | :09:52. | |
to integrate. And not just manage a transaction in store. | :09:53. | :10:00. | |
A quick look at the markets. We are still seeing some healthy gains | :10:01. | :10:11. | |
across the board in Asia. That is essentially due to that weaker | :10:12. | :10:25. | |
number that we saw from China. A little bit of caution. That is it | :10:26. | :10:28. | |
for this addition of Asia Business Report. | :10:29. | :10:31. | |
`` edition. You are watching BBC News. Here are | :10:32. | :10:38. | |
the | :10:39. | :10:40. |