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Marketplace All-in-One

Chinese fashion giant Shein accused of tax dodging

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 24 September 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Shein, a Chinese fashion giant, has come under fire over claims the company is dodging UK taxes. A look at why some want the government to step in. The Chinese government is stepping up efforts to revive its slowing economy. Everton Football Club, one of England’s top football teams, is set for a takeover by an American investment group. And a new – and very pink – Barbie-branded phone is hitting the U.S. market.

Transcript

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0:00.0

Hi I'm Kai Rizdahl the host of How We Survive

0:03.4

It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy.

0:09.6

Mr. Gorbachev, tear down this wall.

0:14.4

It was the cold war and my first deployments were intercepting Russian bombers.

0:18.6

Today though, there's another threat out there, climate change.

0:22.6

This could be the warmest year on record.

0:24.6

Climate change is here.

0:25.7

Temperatures here are warming faster than anywhere on Earth.

0:29.5

And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s.

0:35.9

I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change.

0:44.7

This season, we go to the front lines of the climate crisis

0:47.5

to see how the military is preparing for the threat.

0:51.0

Listen to how we survive, wherever you get your podcasts.

0:56.0

Let's talk about China's bid to revive its economy.

0:59.0

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

1:03.8

I'm Leanna Byrne.

1:05.0

China is stepping up efforts to revive its slowing economy, cutting interest rates by half a

1:09.9

percentage point and boosting the stock market with more government funding.

1:14.0

The Central Bank is also providing extra support for the struggling property sector.

1:18.0

Here's the BBC's Steve McDonnell from Beijing.

1:21.0

Cutting interest rates, payable on existing mortgages, lowering the amount that you need

1:26.5

as a minimum down payment for a second home.

...

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