:00:00. > :00:00.A 16 year old boy will appear in court tomorrow over his death.
:00:00. > :00:15.Now on BBC News all the latest business news live from Singapore.
:00:16. > :00:25.Will all babies in China mean bigger profits? Shares jump in baby formula
:00:26. > :00:35.as China abandons its one child policy. A change in airbags and a
:00:36. > :00:49.slightly different look as Takata recall -- recalls. Thank you for
:00:50. > :00:54.joining us. I am Rico Hizon in Singapore. China has abandoned its
:00:55. > :01:02.one child policy, Nestle's shares have been rising sharply. Baby
:01:03. > :01:06.formula sales are accepted to double. Will Australia and New
:01:07. > :01:20.Zealand see the benefit as well? We are joined from Sydney from Michael
:01:21. > :01:25.from CSC marketing. Will we see an impact for the Australian and New
:01:26. > :01:30.Zealand producers? We certainly well, but over the long -- CMC. It
:01:31. > :01:35.is good news those producers, but not exactly new news. The growing
:01:36. > :01:40.affluence in China and that people are getting wealthy, looking for
:01:41. > :01:45.higher quality food sources is not a new thing to investment markets.
:01:46. > :01:51.This announcement and change to the one child policy does ramp it up. We
:01:52. > :01:58.are seeing good support in the market from many groups who provide
:01:59. > :02:03.baby products, such as Blackmore Moors and Bellamy. The change in
:02:04. > :02:08.policy is good for the Australian and New Zealand producers. They have
:02:09. > :02:12.been making investments over the past few years. The big question is,
:02:13. > :02:19.with this doubling of the number of children from one to two, how soon
:02:20. > :02:24.we likely to see a pickup? We have seen a turnaround in sentiment
:02:25. > :02:31.already. Milk powder prices, one of the key underlying ingredients for
:02:32. > :02:38.many of these goods has increased. We might see some changes out of the
:02:39. > :02:41.current climate. The fact that we have seen that changed me that next
:02:42. > :02:45.week 's auction will be watched very closely. We will see higher prices
:02:46. > :02:50.again for dairy products out that auction, we could see the beginning
:02:51. > :02:54.of a very strong upturn based around this increase in demand. Indeed, we
:02:55. > :02:59.are expecting that. World milk prices have basically slumped this
:03:00. > :03:03.year, partially because of a slowdown in Chinese imports? Yes,
:03:04. > :03:10.which has been a concern for many markets. It has hit dairy markets
:03:11. > :03:17.particularly hard. In account is like New Zealand where there is a
:03:18. > :03:21.heavy dependency on dairy exports, there is a lot of happiness about
:03:22. > :03:29.this change in policy -- in economies. To other Business News:
:03:30. > :03:33.We expect an admission from Japan's Central Bank in the wake of
:03:34. > :03:38.unexpectedly strong figures showing a rebound in output. Some have said
:03:39. > :03:46.it has eased the pressure on the bank for more stimulus. Japan's
:03:47. > :03:48.economy is still competing with slow growth, prices have continued to
:03:49. > :03:57.fall for a second month. Many leaders travelled to India for the
:03:58. > :04:01.largest ever India- Africa summit. India is behind its rival China in
:04:02. > :04:09.doing business. The world's second largest economy may be slowing, but
:04:10. > :04:17.India thinks they can lift their game. Infrastructure such as
:04:18. > :04:24.telecoms, hotels and more mean there is more room for all investors in
:04:25. > :04:31.the Indian market. Africa is a big area for sustainable growth. I think
:04:32. > :04:39.that does not carve out the space, opportunity is very large and real.
:04:40. > :04:44.African investments are increasing, but in India there is that
:04:45. > :04:48.opportunity. This is the exciting thing about Africa, it has six of
:04:49. > :04:55.the ten fastest growing economies. How many Indians have gone to Africa
:04:56. > :04:57.and settled down with successful businesses, like your family? Is
:04:58. > :05:04.in easy route to invest in Africa? Absolutely. We left India in 1890
:05:05. > :05:07.and went to Africa. We any family in India. Culturally, we
:05:08. > :05:19.are still very Indian. Identity something that can be taken
:05:20. > :05:26.advantage of. We are not the only ones. I think historical ties and so
:05:27. > :05:30.on, the fact that India has been through a similar growth pattern, we
:05:31. > :05:41.can take advantage of and learn from. Japan's airbag manufacturer
:05:42. > :05:46.Takata is in the midst of the largest ever automotive recall. In
:05:47. > :05:52.the US alone, about 23 million cars have been recalled with millions
:05:53. > :05:56.more in other countries. The ruptured airbags have killed at
:05:57. > :06:02.least eight and injured 100. It has been difficult to get answers from
:06:03. > :06:09.the carmakers or from Takata themselves. So, some people have
:06:10. > :06:16.been trying a different approach. Four months in Japan, we have been
:06:17. > :06:17.trying to do a story about the recall of Takata airbags. They
:06:18. > :06:33.potentially have interview they said no. We asked
:06:34. > :06:38.creator, they said no. I am a Toyota owner and this is my car. I received
:06:39. > :06:43.this letter in the Mail. It is a recall notice that says one of the
:06:44. > :06:53.airbags in my car may be dangerous. So, we are going to go and change
:06:54. > :07:01.it. We have deliberately not warned my local dealer that we want to
:07:02. > :07:04.film. I would like to video the process of changing the airbag. It
:07:05. > :07:18.is immediately clear this will be a problem. So, after a huge amount of
:07:19. > :07:23.discussion, they called head office. They said we cannot film the
:07:24. > :07:34.process. The only thing they will let me do is watch. As the world
:07:35. > :07:42.begins, I am granted the concession of photographing the removed airbag.
:07:43. > :07:47.This is it. -- work begins. They are not changing the whole airbag, only
:07:48. > :07:50.the inflatable grey cylinder that contains the explosive charge. This
:07:51. > :07:56.is the old inflator that has just been taken out. It has been replaced
:07:57. > :07:59.with one that looks exactly the same. The question that nobody seems
:08:00. > :08:14.to know the answer to is, if this is new airbag? Not entirely. About 20
:08:15. > :08:20.years ago, the car industry putting these explosive devices into
:08:21. > :08:25.our cars. Since then, they have saved thousands of lives. As they
:08:26. > :08:30.get older, some of them, very few, start to blow up. Neither Takata nor
:08:31. > :08:36.the car companies seem to know why. They changing my airbag for a new
:08:37. > :08:42.one, they are not really solving the problem - they are just moving it a
:08:43. > :08:49.bit further down the road. While Takata's airbag crisis has plagued
:08:50. > :08:56.Japan's car industry, there is car show is in full swing. Yamaha is
:08:57. > :09:00.developing a record designed to raise any motorbike at high speeds.
:09:01. > :09:05.At the moment, they rely on the human operators, but the firm plans
:09:06. > :09:08.to have the android make its own decisions about the best course and
:09:09. > :09:40.speed to achieve the best race time. Let's have a look.
:09:41. > :09:46.This is a really remarkable achievement for robotics. It took a
:09:47. > :09:50.long time to get robots to walk properly, to balance one on a
:09:51. > :09:54.motorbike and get it to control it is quite a big achievement. They are
:09:55. > :09:58.talking about using it for motorcycle racing, but I think it
:09:59. > :10:05.would make the perfect delivery robot of the future.
:10:06. > :10:13.Incredible technology. Before we go, a quick look at the markets.
:10:14. > :10:16.Currently, Asian stocks are lacklustre after an American equity
:10:17. > :10:28.stabbed overnight as the economic growth in the US slowed more than
:10:29. > :10:35.expected. Those are the markets, thank you so much for investing your
:10:36. > :10:36.time with us. I am Rico Hizon, goodbye for