and we'll find out how a big us firm is coping with the challenges of doing business in the world's second largest economy. hello and welcome to asia business report. i'm steve lai. tesla's chief executive elon musk because he hopes to have more win—win results with china. he has met with chinese officials, including the premier. mr musk is expected to make a case for the enabling of a self—driving feature on its cars. the visit comesjust a week after mr musk cancelled a trip to india,

citing "very heavy "tesla obligations". our business reporter david waddell has more. here's mr musk�*s challenge. he's trying to sell tesla's full self—driving software to more users, to more drivers. that's the software that enables vehicles to drive autonomously, with a driver behind the wheel but not operating it. that's available in north america, both in the us and canada. but on friday, a us report tied its wider range of autonomous driving modes to at least 13 crashes, including one death. despite that, chinese customers are angling to use full self—driving software, but it's not yet available in their market. mr musk said it would be rolled out there very soon, but here's the rub — all the data from tesla's chinese fleet is held in shanghai and, under chinese regulations, isn't accessible to tesla's us headquarters in texas. and that hampers the learnings that tesla needs to do to deliver a safe and effective product in china. mr musk needs to navigate that with chinese officials. one's the premier, li qiang. now, he's been making very positive noises, saying that china's market will always be open to foreign—funded firms and that beijing would provide a better business environment for the likes of tesla. today, there's fierce competition between tesla

and its chinese rivals — byd, for example, china's biggest ev producer, and new entrants such as xiaomi, better known for its smartphones. xpeng is one to watch. it's trialling both transformer—style flying vehicles and its own self—driving software. these companies are providing stiff competition in both the domestic and international markets and forcing tesla to compete on price. tesla's sales are falling and its share price is down almost a third since the beginning of this year. you can find more of our coverage of tesla on our website, bbc.com/news. it's the start of a brand—new week, so let's take a look at some of the key economic events to watch out for. on tuesday, we'll find out if china's manufacturing activity is continuing to expand when official pmi data is released. last month, factory activity picked up for the first time since september, beating economists�* forecast. on wednesday, the us federal reserve will be making its latest decision on interest rates

in the world's largest economy. and staying in the us — on friday, jobs data for april will be released. katrina ell from research firm moody's analytics says she expects the pick up in china to continue. so we are expecting that it will remain above that 50 threshold. so we're looking for a 50.5 gain in april, so that's slightly weaker than the resurgence number that we saw in march, 50.8, but i think what's going to be really important is, if we dig deeper, to look at what those forward indicators are telling us. in march, we saw new orders and new export orders pick up quite substantially, so we'll be looking mostly at what those forward indicators are doing in april as well. —— looking closely. i think underlying momentum does seem to be improving, both domestically and offshore, in terms of demand for chinese manufactured goods, but it is picking up at quite a slow, likely bumpy pace, so looking at those forward indicators will provide some

guidance on where exactly it's headed. 0k, and if we turn our attention to the us, then, and that fed meeting in midweek, the latest interest rate decision, what do you think�*s going to happen there? they're going to hold pat? so our expectation is exactly that, that they will not move on the interest rates, and we do expect that they will hold steady right until september at the earliest, when we are forecasting, at this stage, a rate cut will come through. but i think what markets are going to be really paying incredibly close attention to is that postmeeting press conference and statement, just to see any kind of clues in terms of what the fed's thinking, in terms of any kind of clues on when we're likely to get that cut to come through. i think at the end of the day, the path is not set by any means. they are really going to be guided by the inflation data and also the employment data as well, to just kind of see how that inflation pulse is tracking. and at the end of the day, what we've seen is that

inflation is cooling much more slowly than what was anticipated, and the fed has been very clear that they want to be patient and are not going to move too quickly to cut rates, unless inflation is sustainably back to that target range. yeah, the scrutiny on the language used in those press conferences is quite incredible. let's turn our attention, then, to the unemployment which you mentioned just then in the us, and that's also a key indicator of how the economy is doing, and it's looking incredibly strong. is that set to continue? yeah, exactly. i mean, what we've seen from the labour market is a story of resilience, really. i mean, what we are expecting in the april report is that we will see a bit more of a pull—back in the pace ofjob growth. so we're looking for about 250k worth ofjobs created. that's a decent pull—back from the just over 300k that we saw added in march, but that being said, the unemployment rate at that level is still expected to hold steady at about 3.8%. but again, that resilient

labour market is one of the key drivers of why we haven't seen inflation pull back, because it's really adding to that domestic demand, helping keep households spending as well, which is a positive thing. katrina ell there from moody's analytics, looking ahead to dated we are expecting this week. we're expecting a sleuth of companies reporting earnings this week. let's take a look at some of the big names. on tuesday, amazon will release its earnings for the first quarter of this year. analysts are expecting a jump in both year—on—year revenue and profit. also on tuesday, coca—cola will release their latest earnings report. net sales rose 7% in the final quarter of 2023, with higher prices compensating for lower volume in north america. and on thursday, apple will report for the second quarter of its fiscal year. analysts are predicting weaker iphone sales, particularly in china. the us and china have agreed to

hold their first high—level talks on al. antony blinken made the announcement at the end of a three—day visit to the country. the superpowers are locked in a rivalry over innovations and national security issues. tensions with china are still a top concern for american businesses operating in the world's second largest economy. while the recent increase in diplomatic engagements have been encouraging, a lot rests on implementation. that's according to the founder of one of the largest private health care providers in china, roberta lipson. over the past few years and through the pandemic, i was really concerned. the us—china relations, in my mind, was in the worst place it's ever been in my 40—something years of experience in china. it was zero high—level contact over those years until 2023, whenjanet yellen made her first visit, and then we had a series of visits. this was a huge relief to business, because now we're talking and the governments

are looking for solutions. the chinese government isn't ignoring us companies�* concerns. in fact, they've been issuing a series of policies promising further reduction of the negative list, liberalisation of cross—border data exchange, which were some of the bigger concerns of us business here. we just hope that those policy statements will be soon followed by implementation. you spent many years in china. give us a sense of some of the lessons that you've learnt being over there. in a0 years, i've seen lots of cycles of economic growth and contraction, but that's set against the long—term incredible growth story and being able to see the quality of life improving for the vast majority of chinese people. so i think my biggest lesson

is it's really important to take the long view. i want to get your thoughts on the next frontier of health care. what are you most excited about in terms of health care technology and ai? we've seen the digitalisation of health care over the three years of the pandemic, really, really progress. so united family healthcare, my company, in addition to our 11 hospitals across the first tier cities in china and our 20—something clinics, we also have a national internet hospital where we can provide consultations online to people all over china. we've also been able to take advantage of ai for diagnostic support. we have great hopes also that ai will be helpful in personalised medicine, which is the new frontier in cancer care. and this is going to be huge for the ageing society. and certainly taking more more advantage of ai and digital

medicine will take some of the burden of the government that's coming from the health care needs of an ageing society. hong kong's finance chief says he expects gross domestic product to grow between 2.5% and 3.5% for the first quarter. paul chan says he expects those figures, which will be released on thursday, to show moderate growth for a fifth consecutive quarter. hong kong has been looking for ways to boost its economy by increasing tourism and ease the costs of property transactions. just to remind you of our top story, founder elon musk of tesla is hope forfor more win—win results as he makes a surprise visit to china. we will be keeping an eye on that visit as the beijing auto show gets under way. bye—bye.

hello and welcome to sportsday.

these are the headlines: an anxious afternoon for arsenal, but they finish the day top of the table, one point ahead of manchester city. carlos alcaraz�*s attempt to win a hat trick of madrid masters titles remains on track as he cruises into the fourth round. and ronnie 0'sullivan is closing in a place in the quarter finals at the world snooker championship, where he's aiming for a record eighth title. hello, welcome to the programme. arsenal held on in a tense match to beat local rivals tottenham hotspur 3—2 and — at the time — moved four points clear at the top of the english premier league table in their north london derby on sunday, but with second—placed manchester city able to close that gap later.