30/10/2015 Asia Business Report

A 16 year old boy will appear in court tomorrow over his death.

Now on BBC News all the latest business news live from Singapore.

Will all babies in China mean bigger profits? Shares jump in baby formula

as China abandons its one child policy. A change in airbags and a

slightly different look as Takata recall -- recalls. Thank you for

joining us. I am Rico Hizon in Singapore. China has abandoned its

one child policy, Nestle's shares have been rising sharply. Baby

formula sales are accepted to double. Will Australia and New

Zealand see the benefit as well? We are joined from Sydney from Michael

from CSC marketing. Will we see an impact for the Australian and New

Zealand producers? We certainly well, but over the long -- CMC. It

is good news those producers, but not exactly new news. The growing

affluence in China and that people are getting wealthy, looking for

higher quality food sources is not a new thing to investment markets.

This announcement and change to the one child policy does ramp it up. We

are seeing good support in the market from many groups who provide

baby products, such as Blackmore Moors and Bellamy. The change in

policy is good for the Australian and New Zealand producers. They have

been making investments over the past few years. The big question is,

with this doubling of the number of children from one to two, how soon

we likely to see a pickup? We have seen a turnaround in sentiment

already. Milk powder prices, one of the key underlying ingredients for

many of these goods has increased. We might see some changes out of the

current climate. The fact that we have seen that changed me that next

week 's auction will be watched very closely. We will see higher prices

again for dairy products out that auction, we could see the beginning

of a very strong upturn based around this increase in demand. Indeed, we

are expecting that. World milk prices have basically slumped this

year, partially because of a slowdown in Chinese imports? Yes,

which has been a concern for many markets. It has hit dairy markets

particularly hard. In account is like New Zealand where there is a

heavy dependency on dairy exports, there is a lot of happiness about

this change in policy -- in economies. To other Business News:

We expect an admission from Japan's Central Bank in the wake of

unexpectedly strong figures showing a rebound in output. Some have said

it has eased the pressure on the bank for more stimulus. Japan's

economy is still competing with slow growth, prices have continued to

fall for a second month. Many leaders travelled to India for the

largest ever India- Africa summit. India is behind its rival China in

doing business. The world's second largest economy may be slowing, but

India thinks they can lift their game. Infrastructure such as

telecoms, hotels and more mean there is more room for all investors in

the Indian market. Africa is a big area for sustainable growth. I think

that does not carve out the space, opportunity is very large and real.

African investments are increasing, but in India there is that

opportunity. This is the exciting thing about Africa, it has six of

the ten fastest growing economies. How many Indians have gone to Africa

and settled down with successful businesses, like your family? Is

in easy route to invest in Africa? Absolutely. We left India in 1890

and went to Africa. We any family in India. Culturally, we

are still very Indian. Identity something that can be taken

advantage of. We are not the only ones. I think historical ties and so

on, the fact that India has been through a similar growth pattern, we

can take advantage of and learn from. Japan's airbag manufacturer

Takata is in the midst of the largest ever automotive recall. In

the US alone, about 23 million cars have been recalled with millions

more in other countries. The ruptured airbags have killed at

least eight and injured 100. It has been difficult to get answers from

the carmakers or from Takata themselves. So, some people have

been trying a different approach. Four months in Japan, we have been

trying to do a story about the recall of Takata airbags. They

potentially have interview they said no. We asked

creator, they said no. I am a Toyota owner and this is my car. I received

this letter in the Mail. It is a recall notice that says one of the

airbags in my car may be dangerous. So, we are going to go and change

it. We have deliberately not warned my local dealer that we want to

film. I would like to video the process of changing the airbag. It

is immediately clear this will be a problem. So, after a huge amount of

discussion, they called head office. They said we cannot film the

process. The only thing they will let me do is watch. As the world

begins, I am granted the concession of photographing the removed airbag.

This is it. -- work begins. They are not changing the whole airbag, only

the inflatable grey cylinder that contains the explosive charge. This

is the old inflator that has just been taken out. It has been replaced

with one that looks exactly the same. The question that nobody seems

to know the answer to is, if this is new airbag? Not entirely. About 20

years ago, the car industry putting these explosive devices into

our cars. Since then, they have saved thousands of lives. As they

get older, some of them, very few, start to blow up. Neither Takata nor

the car companies seem to know why. They changing my airbag for a new

one, they are not really solving the problem - they are just moving it a

bit further down the road. While Takata's airbag crisis has plagued

Japan's car industry, there is car show is in full swing. Yamaha is

developing a record designed to raise any motorbike at high speeds.

At the moment, they rely on the human operators, but the firm plans

to have the android make its own decisions about the best course and

speed to achieve the best race time. Let's have a look.

This is a really remarkable achievement for robotics. It took a

long time to get robots to walk properly, to balance one on a

motorbike and get it to control it is quite a big achievement. They are

talking about using it for motorcycle racing, but I think it

would make the perfect delivery robot of the future.

Incredible technology. Before we go, a quick look at the markets.

Currently, Asian stocks are lacklustre after an American equity

stabbed overnight as the economic growth in the US slowed more than

expected. Those are the markets, thank you so much for investing your

time with us. I am Rico Hizon, goodbye for