Business Weekly
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 2 October 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
As China suffers its worst blackouts in over a decade, on Business Weekly we ask what’s causing the power shortages and what they mean for the rest of the world. We also hear from Germany, where political wrangling over who will be the next Chancellor continues. The Green Party will play kingmaker - and there are hopes from people in flood-hit areas that environmental policies will take centre stage. Plus, have you ever wondered how valuable influencers can be for a brand? We spend the day in a luxurious mansion full of social media personalities to find out if they represent value for money. And as James Bond takes to the silver screen once more, we ask whether the studios can afford to retire 007. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Transcript
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| 0:00.0 | Hello and welcome to Business Weekly with Lucy Burton. |
| 0:08.6 | On the show today, we'll head to Western Germany, |
| 0:11.4 | where communities are still trying to rebuild after devastating floods earlier in the year. |
| 0:16.9 | Many business owners say they're still waiting for financial support, |
| 0:20.7 | so what can be done to protect |
| 0:22.4 | against further extreme weather events? We'll also visit a luxurious mansion that's housing a group |
| 0:28.6 | of social media influencers in the hope that they'll create some catchy content. But is it money |
| 0:34.5 | well spent by the brand hiring them? And Bond is back, but how long can the 207 franchise go on for? |
| 0:42.7 | First, though, we turn our attention to China, where the energy crisis is starting to hit homes. |
| 0:48.2 | People living in provinces in the northeast of the country have been hit by some of the worst blackouts in years. |
| 0:55.9 | Heating and lighting have become intermittent, just as temperatures plummet. Electricity shortages have already been |
| 1:01.9 | affecting factories, with many being told to ration power or shut down for a few days a week. |
| 1:08.2 | Sherman Chan is the deputy manager of the TV manufacturer |
| 1:11.2 | Express Luck in Shenzhen. He explains how the cuts have been affecting industry. |
| 1:20.3 | Because of the basic power cuts, a lot of suppliers have suffered on their scheduling and delivery abilities. |
| 1:29.3 | Basically, all the scheduled deliveries have to be changed. We still require suppliers to meet |
| 1:35.9 | their deadlines by asking them to do night shifts instead or using their own electricity |
| 1:41.9 | generators to ensure production is smooth. But we also face rising costs |
| 1:47.1 | due to the electricity cuts, as suppliers have to put in added capital to complete the work. |
| 1:53.7 | The impact is not immediate as soon as power is limited. It appears slowly over time. We are not |
| 2:00.3 | too affected yet, although we know it's happening. |
| 2:03.5 | But I estimate that after one or two months, we will be affected too. It happens layer by layer. |
... |
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