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Marketplace All-in-One

China’s population declines for second straight year

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 17 January 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Data released on Wednesday showed that China had a population of 1.4 billion at the end of 2023 — a 2.08 million decrease from 2022. The decline underscores concerns about the future growth of the world’s second largest economy. Then, the U.K.’s Post Office scandal rumbles on, and pricey, high-tech sneakers for runners becomes a big business.

Transcript

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0:00.0

Puyjitsu says it wants to write wrongs.

0:03.8

Hello, you're listening to the Marketplace Morning Report live from the BBC World Service.

0:08.0

I'm Leanna Byrne and a very good morning to you.

0:10.3

Here in the UK, the story that's been dominating the news for the past few weeks is how hundreds of the people that worked for the post office were wrongly convicted of fraud and theft because of faulty computer software.

0:20.0

Some of those people even took their own lives. The global IT firm

0:23.9

Fujitsu which made the software has been coming under severe pressure

0:27.3

particularly after a TV series aired on the scandal. Now its chief

0:31.7

executive has apologized apologized the BBC found

0:34.4

Takahito Tokita and spoke to him at the annual economic forum in Davos.

0:38.7

Would you like to apologize?

0:40.7

Yeah yes of course Fuj Fijito has apologized, divesting the impact on the post-mortem lives.

0:50.4

What do you think about Fujitsu giving the money back back the government suggested that you should return the money?

0:54.8

I'm sorry I cannot comment.

0:57.6

Now for just his boss in Europe Paul Patterson went further while addressing questions from members of Parliament in London.

1:03.4

Here he is addressing MP Liam Byrne.

1:06.7

I believe we are an ethical company.

1:09.2

The company today is quite different to the company in the early 2000s.

1:14.0

Can you tell us how much you now think your company should contribute to the

1:18.7

compensation bill? The inquiry is dealing with some very complex matters over... Is there a moral obligation,

1:27.0

Mr Patterson, for you to contribute? I think there is a moral obligation for the company to contribute and I think the right place to determine that is when our responsibility is very clear.

1:41.5

There are many parties involved in this travesty.

1:46.0

So are these two comments significant or just window dressing?

...

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