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Marketplace Morning Report

China Hosts Humanoid Robot Games

Marketplace Morning Report

American Public Media

News, Business

4.5808 Ratings

🗓️ 15 August 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

From the BBC World Service: The world's first humanoid robot games in China involve soccer, dancing, and boxing. But it's not just about the sport; the event is also designed to attract investment. Then, as Bolivia heads to the polls this weekend, an economic crisis is front and centre in voters’ minds. And later, UN talks on a global plastics treaty have ended without a deal.

Transcript

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0:00.0

China may be hosting the world's first robot games, but it's investors who are keeping score.

0:06.4

Hello, this is the Marketplace Morning Report, and we're live from the BBC World Service. I'm Leanna Byrne.

0:11.9

But first to South America and Bolivia, where an economic crisis is front and centre, as the country heads to the polls this weekend.

0:19.2

Falling natural gas production has crippled the country's ability to earn dollars

0:22.8

and imports are now more expensive,

0:25.5

which is sent inflation soaring to around 25%.

0:28.7

The BBC's James Chambers reports from La Paz.

0:32.9

We've got some people working for you, filling bags.

0:35.9

These presumably go off to your customers, the lunches you make?

0:39.1

Yes, we have healthy catering for people that have health conditions or want me to lose weight.

0:45.5

That's entrepreneur and businesswoman, Alessandra Guglielmi, upstairs in her office.

0:51.4

Alessandra explains the dollar crisis is making it hard to run her business.

0:56.5

Food is crazy. Like imported food, imported raw materials have gone up like three times. So we can't

1:04.6

really maintain our costs. The official exchange rate for the dollar isn't helping Bolivia's

1:09.5

economic woes.

1:17.9

Since 2011, the government has fixed the exchange rate for dollars at 696 Bolivian to one dollar. So that's 14 years at the same rate, regardless of inflation and rising costs.

1:24.8

That's economist Gary Rodriguez, the general manager for the Bolivian Institute of Foreign Trade.

1:30.4

The problem is that since 2023, there have been fewer dollars in the country,

1:35.0

mainly due to declining natural gas production, which means there are less dollars coming into the country.

1:40.9

The dollar isn't just an exchange rate, it acts as a foreign exchange reserve for the

1:45.1

country. Dollars are crucial for the country's economic stability. People don't just need dollars

1:52.3

to import goods or pay for medical treatments abroad. They are investing their Bilyer Now's in dollars

...

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