What does the Fed's rate cut mean for global markets?

单集文稿 ...

• 00:00

  Daily news and analysis.

• 00:03

  We keep you informed and inspired.

• 00:06

  This is World Today.

• 00:10

  Hello and welcome to World Today.

• 00:12

  I'm Zhou Ying.

• 00:13

  Coming up, the 22nd China-Ocean Expo is underway in Nanning.

• 00:18

  What are the highlights of this year's event?

• 00:21

  The US Federal Reserve has cut interest rates for the first time this year.

• 00:25

  What does it mean for the US and global economy?

• 00:28

  And Saudi Arabia and Pakistan have signed a mutual defense pact.

• 00:32

  What's behind the decision?

• 00:37

  China has called for joint efforts with the Association of Southeast Asian Nations countries to bring the building of a China ASEAN community with a shared future to new heights.

• 00:47

  Chinese Vice President Han Zheng made the remarks

• 00:50

  while addressing the opening ceremony of the 22nd China ASEAN Expo and the China ASEAN Business and Investment Summit in Nanning.

• 00:58

  Han said the China ASEAN comprehensive strategic partnership has been continuously dependent in recent years,

• 01:05

  bringing the most dynamic model of regional cooperation in the Asia Pacific region.

• 01:10

  The vice president urged the two sides to strengthen the alignment of development strategies,

• 01:15

  jointly advance belt-enrolled cooperation,

• 01:18

  and work together to implement global initiatives proposed by China.

• 01:22

  For more, we are joined by Dr. Zhou Mi,

• 全部文稿