Business Matters

South China Sea threat discussed as Biden hosts Kishida and Marcos

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Synopsis

Joe Biden has pledged to protect the Philippines from any attack in the South China Sea. He made the comments at a White House summit with Philippine president Marcos and Japan's Prime Minister, Fumio Kishida. We look at the importance of the US economic relationship with Japan.President Biden has also introduced new rules aimed at tightening gun control in America. We discuss the prospect of additional scrutiny on firearms sales in the US.In Australia, demand for so-called granny flats is growing in Australia due to soaring rental costs. Nicole Gurran, Professor of Urban and Regional Planning in Sydney explains the current state of the housing market.Vivienne Nunis is joined by Stefanie Yuen Thio, Joint Managing Partner of TSMP Law in Singapore. And Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.(Photo: President Biden Holds Trilateral Meeting With Japanese Prime Minister Fumio Kishida And Filipino President Ferdinand Ma