in china. the internal commentary on the decision by the court in the hague is that it's a political setup job. that's the way which it's been run domestically within the chinese media, and they point to the political nature of the jurisdiction. - so what will the do now, and i think the answer is they'll go on behaving the way they have. i would be surprised if they escalate but they'll go on until they are faced with a penalty for their behavior. - [emcee] ladies and gentlemen, please welcome his excellency, the president of the people's republic of china, mr. hu jintao. (applause) - [narrator] in 2012, president hu jintao declared china's intentions to be a maritime power. current leader xi jinping has continued that policy. - ever since that, the entire chinese system has been advancing and developing their capabilities so that china can protect its maritime rights and interests. - in the most recent military strategy statement that appeared in may of last year, they made a very (mumbles) s

china's unique culture compels china to seek a place on the world stage. the kissinger institute focused on this aspect of xi's thinking for quite sometime in our work, which is why i'm plugging it. we've rooted our analysis on a better understanding how china sees itself, xi sees it and history and how it translate to policy. under editorial stewardship of my colleague, who is somewhere around here, i don't know where she is, kissinger institute a web a platform, a curated, soft power under leadership of xi. the purpose is to help measures understand the connections between xi's interpretation of history and culture and the policies he's pursuing. we believe this platform is important important than ever because of the overwhelming emphasis on culture and civilization in the work report he mentioned 121 times. that's why we took time today. we'll introduce you later. first our speakers what this new xi era means, we have ambassador roy, founding development of emerit emeritus, kissinger, all over asia, ambassador posts, singapore, indonesia and china. rob

with china's. the label as a communist and states china subject of some modest compare where their weight they're not trying to run the world they're not even trying to run asia pacific i think they want to keep america from dominating the asia pacific so they have what they believe is their rightful place in asia pacific because alonso was asian long history in their size so their objectives are really modest compared with their capacity to the the world for new wealth in china and i often say this is this is the product of so far made entrepreneur skill but it's not also the product of the exploitation of people at the bottom what are known in china as migrants but they're not really migrants so. if you really. go to port to this my woodworkers you will find quite surprisingly. over the past five to seven years they have experienced. greater increase there in the social groups china not a car society. but china is a class society. these are the homes of migrant workers people who build and servic

doesn't happen yet china is not intended apparently to do that instead china. despite all the declaration of protecting our free trade china and. truce use something else china to suit for example you use euro just one sided west from and without any. fair play of for the protection of your west many china shut down the only market for european enterprises it is not just the policy of xi jinping but she's jumping continues and i think. it is quite obvious that the united staes in some term just follow china's example donald trump says america first china it doesn't say that but try and x. in that sense china first why not. well actually the chinese ambassador to the u.s. said if the u.s. says america come first and we need to protect ourselves from the trade deficit it's like looking in the mirror so what do we just said this reflected on the chinese side as well and in fact. said to us a little bit earlier that certainly donald trump it or that that china is not going to be looking to play a values based leadership role but that's hardly what donald trump is l

going to work with indonesia and japan and korea and try to him china and the problem is china so dominant no economically you've seen these countries start to fall like dominoes into china's lap as we talk as i mentioned you know both the philippines is already going over korea we put the fan missile system in green business you're in china. and you're going to see the south korea even stare to me. maybe better relationships with china in trying to go away from the u.s. because he could all over asia do that just out of economic necessity china is their largest trade partner now not the united states we have no formal leverage to keep those relationships outside of a military which which china is also quickly catching up to so i think so because you know trade in economics in first taking care of the american economy is actually the race by the president all right so the china pivot is dead. let me ask a hypothetical philosophical question herr donald trump's aims to pay doing the right thing and helping america transition to a new world where they are no longer the big global economic or

not to china. is it economic so live off every day is it in the west that i'm afraid we're going to have to leave it where we're out of time thank you to all of our guests on the program today. to go out and hustle. thank you for watching don't forget you can see the program at any time just by visiting websites i was zero dot com for further discussion joined us at our facebook page at facebook dot com forward slash a.j. inside story you can also join the conversation on twitter handle at a.j. inside story from me adrian figure the whole team here in the thanks for watching i'll see you again but. we are living through a technological revolution but all the machines taking over a piece of machinery goes wrong is there a chain of this to get action through which we can bring an ecosystem to bear oxford university professor of machine learning steven stokes to all disease i've this time. discover a wealth of old wood winning programming from around the world powerful documentaries we were running aw

not to china. is it economic so live or off every day it's in the west there i'm afraid we're going to have to leave it where we're out of time thank you to all of our guests on the program today. to go out and hustle. thank you for watching don't forget you can see the program at any time just by visiting the website out zero dot com for further discussion join us at our facebook page at facebook dot com forward slash a.j. inside story you can also join the conversation on twitter i handle at a.j. inside story from me adrian figure the whole team here in the thanks for watching i'll see you again. he's hosting the international primary health care conference two thousand and seventeen under the title healthier communities brighter future from the seventeenth through the nineteenth of november two thousand and seventeen primary health care corp the first step to your family's. provoking debate challenging the established line every single one of the three off thousand people who was killed with a d

but china president xi jinping has his own plan to put china first and it's already working. we traveled to three countries in southeast asia -- south korea, the philippines, and singapore -- to find out about the chinese initiative called one belt, one road. it may be the biggest threat of its kind to america that you've never heard about. our first stop, singapore. the ships at harbor stretch to the horizon. the port's key position at the strait of malacca has made singapore rich. the strait of malacca is a crucial shortcut between india and asia. economically and strategicly shipping lanes on the planet. which makes singapore critical to china's new plan to dominate the world economy. china calls it one belt, one road. chan heng chee: and they just took. sharyl: chan heng chee is singapore's ambassador at large. is what china is doing the biggest global outreach by any country, you think, of all time? chan heng chee: well, when xi jinping announced the one belt, one road initiative, everyone thought it was a grand vision, it is the greatest vision of all times. it's a visi

is the biggest economy china second. not even a close second and the idea back in the day when the obama administration pushed forty p.-p. was to outweigh china in the pacific on both fronts and security policy as well as trade because you know they follow both routes at the same time that's why it's called a strategy with the u.s. having pulled out the remaining nations lek this leader and like the vision of saying what do you actually want from t p p t p p used to have a purpose it doesn't know ok and it's unlikely that to morrow at the asean summit in manila we'll be able to actually. gain the trust of leaders there to come up with you know it's difficult for them to find direction because as you mentioned the leader there is missing right now and you can ask there from the j.f.k. institute a north american studies thank you so much. of course we use the e.u. in the united states of criticize china for its restrictions on foreign investment in the finance sector now china is gradually opening up the industry according

china does not say that. but china acts in that sense, china first. why not? gudrun: actually, the chinese ambassador to the u.s. said, if ththe u.s. says america first, d we need to protect ourselves from the trade deficit, it is like looking in the mirror. so what you just said is reflected on the chinese side as well. melinda: in fact, andreas said earlier that certainly donald trump, or that china is not going to be looking to play a values-based leadership role, but that is hardly what donald trump is looking for either. his approach to foreign policy is explicitly transactional. so what would you say he will be looking for from xi jinping in this meeting in china, in terms of getting a good deal? andreas: first of all, i wanted to briefly respond to your previous question about the trade deals, because to me it illustrates that there are bigger issues, north korea and the south china sea that we will get to, but his response to these two trade deals is to me an illustration of his intellectual failure, and perhaps of the entire group around him, to under

tough, very, very hard on china, pushing back hard on china. but of course the reality of the world as we need their money, their product, and we need their help on north korea. the president has had to choose a different tack as it relates to dealing with china. and he has, i think the term in washington, we say he has grown in office. when somebody abandons campaign promises, we say they have grown in office. he's deftly grown in office as it relates to china because the situation is probably more complex that he initially understood. >> shannon: you make a good point. if you are a true journalist, gushing over any president is not a good thing. i believe used the word gross. but we can agree there was a lot of gushing over the last president and everything needed on the international change -- international stage. we are focused on the north korea issue but another big one for the president while he's there in china is going to be trade. >> yeah, and what to do about china? we say we are going to have fairer deals in the business community t

but -- but, i don't blame china. amy: on a five-country trip to asia, president trumump is now n china. after lavish welcome billed as a "state visit-plus," trump focused on the trade deficit with a country he once accused of raping the united s states ad called for china to sever ties with north korea. chinese president xi jinping said he is open to dialogue. >> both sides will continue to strictly and act all humans secured council resolutions. and at the same time, we are committed toto continuing to soe the north koreanan nuclear issue through dialalogue and talalks. amy: then to the famine in yemen. blockading ships. >> they are exterminating the yemeni people. this.lim should be doing these are unjust operations. but it is that unexpected for those who kill children. amy: we will speak witith yemeni journalist afrah nasser, facing death sites, she is in exile from human the continues to report on human n rights violations, women's issues, and press freedom. she is here in the u.s. to receive international free

alliance with sure it doesn't happen yet china is not intended apparently to do that instead china. despite all the declaration of protecting of free trade china and. truce use something else china to suit for example you use euro just one sided to westman without any. fair play and for the protection of in ways many china shut down the only market for european enterprises it is not just a policy of xi jinping but jumping continues and i think. it is quite obvious that the united staes in some term just follow china's example donald trump says america first china it doesn't say that but try and x. in that sense china first why not. well actually the chinese ambassador to the us said if the u.s. says america come first and we need to protect ourselves from the trade deficit it's like looking in the mirror so what do you just said is reflected on the chinese side as well and in fact. said to us a little bit earlier that certainly donald trump it or that that china is not going to be looking to play a values based leadership role but that's hardly what donald trump is looking for eithe

and china. they see him as a dealmaker and they hope up personal relationship has been fostered that will help move things continuing in the right direction. chinese businesses are benefiting from the domestic environment in the u.s., the strong consumer, and they are hopeful that will continue after this summit. rishaad: thank you, tom mackenzie in beijing. there will be full coverage and analysis of president trump's trip throughout the show. hisssador will join us with views on the talks so far. will have the ups regional president. this is bloomberg. ♪ rishaad: your back with bloomberg markets. this week in the geopolitical spotlight switches to vietnam as global leaders gather for the apec summit. our chief international correspondent haslinda amin is there for us. themes we aren looking at over this weekend? >> it's all about trade. this meeting is set against the backdrop bond of urgencies in trade and policy around the world. the aipac headset it's a very complex situation and it's get

to china and therefore china becomes america's biggest landlord as a way to address a that problem the currency problem the dollar problem etc i mean i realize it's a bit of an idea i put the i put us on huffington post about why the economics positions have already slipped and china is the world's largest creditor. there's a report surfaces week which i've been talking about here on the show and also writing about china has cities know there are large is countries economically speaking you know you have shenzhen now is equal to sweden germany g.d.p. chung do the call to norway you know the three hundred six billion dollar g b cities people have never heard of tongue shown as the g.d.p. that bigger than new zealand so we saw the single day that just happened i mean chinese we talked before on the show digital payments are fifty times larger than the united states but now they are online retail is six times what united states did ali baba and j.d. combined this week on the singles day holiday here eleven eleven is forty billion dollars in sales now mix scripts have switch the united sta

china relationship forever with his visit here to china in 1972. it was his visit here to the great wall that changed something else. tours have increased to the wall and with the increase in tourism, china used the funds to restore portions of the wall, like this one. "special report" continues after this. found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. you've probably seen me running all over the country in search of our big idaho potato truck. but not any more. i am done with that. ooh, ooh hot - just gonna stay home on the farm, eat a beautiful idaho potato, and watch tv with my dog... tv anncr: the big idaho potato truck pulled into town today and it's really a sight to see. oh man...let's go.... (distant) you comin', boy? sfx: (dog) gulp! woof. yea, s#stuffynoset this cold #nosleep i got it... #mouthbreather yep, we've got a mouth breather. well just put on a breathe right strip and... pow! it instantly opens your nose up to 38% more than cold medicine a

-china relations. with former u.s. ambassador to china stapleton roy. talks about the influence of chinese prison xi jinping. the wilson center, this is just under an hour and a half. >> i think we can start now. good afternoon everyone welcome to the woodrow wilson international center for scholars and welcome to those who are joining us live today on her webcast in c-span for this discussion on china's 19th party congress. my name is sandy pho and i'm a senior analyst on china and united states at the wilson center and i will be chairing this discussion but as many been a china's 19th party congress wrapped up last week in beijing. for those who follow china the party congress here is like "game of thrones" and awards season all rolled into one is how i described it to my non- non-china france three detailed profiles of who's who in china's political circles and how they are connected seem to pop up everywhere and everyone starts making predictions in who they think will make it on the politburo standing committee which is the pinnacle of power in chi

has no real instruments to force china to change its approach china has been very successful with this approach in the past and although there has been a lot of rhetoric in the u.s. the trump campaign was very much about china is stealing our jobs. nothing really has happened and as long as the u.s. doesn't have any real policies that would be really threatening to china's core interests china has no intention to change its course and no reason really and how is china viewing this visit i mean they rolled out the red carpet he's going to be the. first foreign leaders since one nine hundred forty nine to dine in the historic forbidden city they clearly you think they're calling it the state visit plus is this just a charm offensive or is this all that they can really offer him in terms of concessions when it comes to bilateral relations the chinese are putting on a very good show for donald trump they know that he needs this he needs the pictures at home the chinese side needs good pictures too that is really what this trip is about they want to demonstrate harmony they want to demonstr

and china is the u.s. is a large energy producer and will become a large energy exporter in china is in need of a lot more new alternative fuels particularly in the gas -- natural gas, especially as china faces increasing energy needs ring the winter season -- during the winter season and tw reduce heating costs. investmentdid total in energy drop in 2016? blip.6 was a bit of a 2015 was the end of a major 13 five-year plan. were policy regulations around wind and solar. the market held back in terms of investment in the early part of 2016 as we waited for changes to sort themselves out. we do not expect this to be a continuation and we expect a bumper year and new wind and solar in china as well as many other markets. learning about when china will be launching the carbon market. what is the timeline for that so far and what does this mean when it comes to the industry, what is it -- does it mean for the industry and economic development? >> carbon markets have been under discussion for a decade now and th

and western china as opposed to having to go east you know from the sea ports on eastern china and go through the straits of malacca they're going to go west on a rail and are going to get to europe quicker and that's already cheap because the labor costs in china but then it's going to be cheaper transportation so i think the other nations particularly in europe are going to be looking at this and say whoa there's a pretty good deal not too bad how what do you think this meant bump them up to the top of the heap as far as the world's economies the u.s. is one you think it's going to cost. overtake that i do actually i mean they have been on the verge of being the number one economy u.s. is right now but they are already they have ninety some countries that viewed that china as their largest trading partner we're about forty fifty two rather so they're already doing way they're going to probably overtake us as you know we've talked about it before they've got about a six percent gross domestic product growth we're struggling to get to you know two point two this year right six billion

to china and therefore china becomes america's biggest landlord as a way to address the debt problem the currency problem the dollar problem except for me and i realize it's a bit of an idea i put the five put us on huffington post about six years ago i saw the future is this if you think this is a wild idea or does it have some possibility down. well particular to fannie and freddie i think i don't think cheney's want to take on that kind of a bankrupt outfit however as you mention the economy wise the economics positions have already flipped to china's the world's largest creditor. there's a report surfaces week which i've been talking about here on the show and also writing about it china has cities now there are large is countries economically speaking you know you have shenzhen now is equal to sweden germany g.d.p. chung do the call to norway you know the three hundred six billion dollar g b cities people have never heard of town shown as a g.d.p. that bigger than new zealand so we saw the single day that just happened i mean chinese we talked before on the show digital payments

even china cannot help because as. studies say show exports is to the west. not to china. is it economic so live or off. day it's in the west there i'm afraid we're going to have to leave it where we're out of time thank you to all of our guests on the program today. to go out and hustle. thank you for watching don't forget you can see the program at any time just by visiting the website out zero dot com for further discussion join us at our facebook page at facebook dot com forward slash a.j. inside story you can also join the conversation on twitter i handle at a.j. inside story from me adrian figure the whole team here in town thanks for watching i'll see you again. in the united states rights activists are still being targeted they have enough information that you found out. what raising surveillance from both the police and the f.b.i. is and not law enforcement and. fault lines investigates the scope of these agencies tactics and the impact on civil society. confidential surveilling black lives at this time on on.

bulls bank of china so that especially china becomes america's biggest landlord and keeping prices down and they'll do it in the name of jobs and global harmony and this is i think what we're going to expect in the next few years because the u.s. is the world's biggest debtor china is the world's biggest creditor so you put those two together you have the biggest creditor taking on some of the u.s. debt this is a quasi government guarantee fannie mae freddie mac. but all the people who love borrowing money on those games they've got chinese landlords. who move global economy now he did also you know upset the democratic partisans because he basically went soft on the south china sea he didn't press you know there of these territorial disputes between philippines and japan and china well here's another headline relating to that. regarding the philippines trump makes friends by putting america first and ignoring human rights in asia president donald trump did not press philippine president to tear it on human rights issues in the philippines where thousands are believed to have been kille

i don't blame china as if china and the u.s. were allies like europe and the us tonight a u.s. president blinded by the money i'm going off in berlin this is the day. forty five years ago u.s. president richard nixon visited china. it was the week that changed the world. we agreed not to replicate failed approaches of the past and there were many. we have benefited out to countries and indeed change the world. who can blame a country for being able to take advantage of another country. for the benefit of its citizens i give china great credit for that we will definitely ride to a new chapter in u.s. chinese relations. also coming up for twenty eight years the berlin wall divided this city today twenty eight years ago it divided no more how time fly that's coming up in about ten minutes. we begin the day in a significant shift from china raping the american economy to china toasting the american president just over a year ago candidate donald trump attacked chinese trade policy and he vowed to teach beijing a lesson on free and fair trade we can't continue to allow china to rape

china -- just ahead. we will see how this affects china's big three airlines. and also, whether they are expanding their international expansion. this is bloomberg. ♪ ♪ asia, i amdaybreak yvonne man in hong kong. china's biggest airline says the beijing airport will help that offer more international destinations and increase flights to the u.s.. they specify about 50 million passengers in and out of the hub every year when it opens in 2019. expansion to america is a key part of that strategy. tom mackenzie is at the airport and tom, how is china southern broadening its horizon? this was a wide-ranging interview exclusively with the president of china, they are shifting their strategy, they have quartered -- cornered the market. as you really point out, it is about this airport being built out in the south course of the south of beijing and it should be opening in 2019. it will offer china southern about 40% of the stocks. they are expecting 100 million people, passengers will pile through these efforts and when it does open, it shifts the ground under the

h in china's market has not been in equities this year. china has been unformed. is in credit,h is whether it is rice properly or not. there will be a contagion effect on equities and that is what we saw yesterday. david: there is nothing to indicate they won't ease off deleveraging. will slowlyguessing hopefully grind higher from here. is there enough for the bulls to get into the market in china? cliff: i would not characterize what china has been doing as deleveraging. we have been saying that to our clients all this year. because china is the credit economy, more demand for credit than supply. you do not want to look too much at the price of credit as a guide to policy, but the actual quantity of credit. if you look at the trend great of -- trend rate of growth, it has not changed through the party congress. i do believe authorities are now more concerned because of the growth of shadow banking. not so much on the borrowing side, but that has led to some policy changes we have seen in the last few days. of the shadowh banking sector is still in the shadows, so

we have two strong partnerships with china eastern and china southern. and ten years ago we had one third of our capacity to europe, one third of our capacity to europe, one third of our capacity to europe, one third to asia and one third to the americas. today it is a% to europe, 52% to asia, that is how much we have rebalanced and pivoted on the rest to the americas. we are focused on asia. it is grown so much forest in the last decade and in the next decade it will help grow any other international market that we have. despite his pay packet it seems that investors think he is worth it. in other business news, making headlines, apple says it is working to fix a serious bug within its operating system. the floor with an hi ciera makes it possible to gain entry to the machine without a password, putting the personal information of users at risk. it requires physical access to the system but it could happen remotely if the user enables remote desktop. growth should accelerate next year according to the oecd. the forecast shows the upturn becoming increas

ambassador a direct plea to china to exert greater economic pressure on its ally and neighbor we need china to do more president called chinese president xi this morning and told him that we have come to the point that china must cut off the oil from north korea that would be a pivotal step in the world's effort to stop this international pariah but no such pledge from china instead it called again on the u.s. to explore a freeze for freeze scenario in which north korea would slow its missile program if the u.s. and south korea lowered their military posture on the peninsula this position supported by russia. we proposed a solution based along the principle of suspension for suspension which in visions of d.p. r. k. stopping missile tests while at the same time the u.s. and south korea decreasing the scale of their military exercises this in turn will pave the way for the principles of peaceful coexistence and peaceful discussions between washington and pyongyang. but this has been repeatedly and vehemently ruled out by the u.s. another round of joint exercises between the u.s. and so

apple generates 35% of its profit in china. —— apple generates 25% of its profit in china. the launch of the iphone 10 marked a return of growth in the country. but chinese—made apps are dominating the market. apple has struggled to integrate into china's ecosystem. many users are now opting for cheaper chinese brands equipped with high—end features. translation: people in cities that have low consumption, four—tier cities or cities below, would choose cheap chinese brands, cheap phones, mostly. like the city i am from, people tend to choose lower ones like huawei. apple is still the fifth best selling phone in china, but now chinese phones are moving into the international market. i feel some chinese brands are selling overseas. for example, huawei, they are quite good. two years ago, china was expected to overtake the us, becoming apple's biggest market. workers are hedging their bets. translation: how big a market share apple will take in china is difficult to predict. if apple can keep its system and looks, and at the same time, change to be more attractive to cus

> china can fix this problem easily and quickly and i am calling on china and your great president to hopefully work on it very hard. i know one thing about your president, if he works on it hard, it will happen. >> reporter: the trump administration says china has significant influence over north korea as its biggest economic partner. the president today once again calling on all responsible nations to stop doing business with north korea in order to get it to change its behavior. diane, kendis. >> our thanks to karen travers there in beijing, china, the third stop on the president's international trip. >>> but back here in this country a dust turning headline about airport security. just as millions of americans plan to travel for thanksgiving. >> a source tells abc news undercover testing shows the tsa fails to detect security threats roughly 80% of abc's janai norman takes a look at that for us. good morning. >> reporter: diane and kendis, it's a startling new report some members of congress are calling disturbing. inspectors finding checkpoint security measures failed more than h

they must pay a huge attention to what's going on in the east china sea and in the south china sea yeah i understand what you're saying is that the you should try to improve their relationship but also be mindful of the of the challenges here how but what i guess i'm asking your body is why do you think the relationship in china would also benefit from that kind of a personal approach that prime minister tried to establish with other leaders because of its russia for example that in that relationship is also pretty challenging isn't it but obviously he pursues dotted line of personal of report with mr putin do you think. mr abbate would be well advised to pursue the same strategy with president xi well i should say out the moment. obviously is the most experienced diplomat that japan's diplomacy. for many decades when he was young he started his diplomatic experiences by working with his then his father who then was japan's foreign minister so the accumulated memory. is rich and so he would be very much interested in certainly listening to the advice from the members of the diplomatic c

yesterday the president left china with a mess of billion dollar. pre-contract a volume of i think two hundred fifty billion dollars but no concessions regarding north korea we still don't know what about energy crossed the border north korea benefits from that so i don't see more pressure on north korea yesterday or today than there was a week ago i did just mention to that two hundred fifty billion dollar business deal i mean donald trump is a businessman and what is very interesting that hearing him speaking in vietnam we heard to a a very aggressive u.s. president if you like and that versus a chinese president that this seemingly embraces an open market how much of all these different rhetoric tree rings true to you. well it was surprising specially configured considering that made china and these unfair trade practices one of the cornerstones of his campaign but don't trump his presidency the white house needs a win because he is under pressure at home due to the new investigation the f.b.i. looking into the russian ties. he came back from chi

companies and china. but that figure won't make a dent in the $309 billion trade deficit with china. that happens to be the biggest for the u.s. >>> republican lawmakers trying to recover their footing after big election losses tuesday night and now it remains to be seen if the party can get anything done ledge slaytively and if the gop can avoid disaster in the 2018 mid terms. polls show anger at president trump energized democrats. they voted in ig aboutbigger nu than in the past. >> republicans appear divided about what drove their defeat. frequent trump critic john mccain scolded. >> the conservative editorial added its voice to the chorus of warnings. they wrote, democrats came out in droves to send a message of opposition to donald trump. a gop candidates were swamped in the undertow. this defeat was broad and deep enough to -- >> other republicans putting the problem less on president trump and more on frus tation of the party as base over unmet campaign promises. mark meadows saying we need to sta

china has to do you know what if china has to do something and china has to be the key to this china will decide what the outcome is and trump is is like a kid by his though yes by speech havior and his words and his advisors are again all over the place the chinese know let me go to go to daniel here i think the chinese now at the end of the day they will get the deal they want because they don't like the situation in the north as well go ahead daniel that's true. well this is a ultimately a problem for china and for russia much more than the us a slightly of the scare tactics of warning us that there are nuclear missiles that are headed for us or w m d's in baghdad cetera et cetera this is a chinese and russian problem and it has a lot more to do with with trade and with regional security then went with global security but let's not forget one thing why are the north koreans pursuing a nuclear weapon why do they have one some say they may have one some say they don't despise what we may think of the north korean government it is a very rational rational response to a to an unstable

is giving at this summit today china didn't send the trade minister china was only ascending some high ranking official so yeah of course china is kind of playing the poor guy at the moment but at the end they are the ones that really have to change something because fifty percent over off the overcapacity is done by china that you cope there on that steel deal of types thank you. zeman says setting the stage for germany's biggest i.p.o. in over twenty years europe's largest industrial conglomerate has chosen to list health an e is its medical business in frankfurt over new york it doesn't want to get involved with u.s. regulation and believes the frankfurt exchange will grow as a result of bragg's it else that is the largest of siemens divisions by revenue and is also the most profitable it sells machines to hospitals and practices as part of the initial public offerings even as is expected to sell a minority stake of up to a full listing of the stock exchanges to take place in the first half of twenty eighteen. in the u.s. the republican party is split over donald trump's plans to cu

see the china pakistan economic card or. twenty thirteen you said that started is there a completion date as such or is this going to be one of these long evolving growing sorts of relationship we have to understand that back sun and china have enjoyed a very very close relationship based on trust china can trust pakistan and pakistan can trust china and that is what forms a foundation of this relationship in the past we had very close political relationship but we did not focus on developing a strong economic partnership now that pakistan has a vision twenty twenty five which seeks to leverage pakistan's look asian because it is at the intersection of south asia china and central issue which are three engines of growth in isha and let me also say that by twenty fifty it is estimated that asian economy will form fifty two percent of world g.d.p. is the future of global economy and within asia we have proximity of three engines of growth so we want to leverage our location to create not south and east west got adores to integ

to a new world where they are no longer the big global economic or military superpower and china is so is he doing a good job helping america transition to the twenty first i frame that's why down yeah yeah absolutely we have to get the jobs back we have to get the tax rates down so companies will stop leaving the united states you know china killed us was zero percent tax rate i mean i've lived here twenty years they made it all the american multinationals in zero percent tax rates for three years after that you get another four years of fifteen percent then after that you get twenty five percent so all these multinational signal k. i'll do that with low cost labor and a skilled workforce or i can stay in the u.s. and pay out forty percent of the federal government x. to the states and local you know no local so basically we have to get the economy from in terms of a manufacturing base restarted and china makes more steel in six weeks than we make all year so in order to continue the soviets learn our weight you cannot continue the military military machine for that many decades past

that china was raping the u.s. economy all that though was forgotten on wednesday afternoon as president xi jinping and his wife a score to the trumps around the forbidden city one of the most popular tourist attractions in china a chance perhaps for president xi to remind donald trump that china was once the center of culture and civilization president xi very much wants china to be center stage in global affairs now top of the agenda of course is going to be north korea and the feeling that the united states believes china could be doing more to rein in its ally china will be pointing out that actually it's done a lot in the past few months to tighten the financial news around. early next year the north korean firms operating in china would have to cease business north korean workers would have to leave the country and of course china has been enforcing u.n. sanctions against north korea from wants to ensure that there's no backsliding by the chinese and of course there's the issue of the trade deficit the fact t

and it's a bit of a problem in china. china for one a very big country and second emissions are done from energy statistics and there's a significant issue of informal use of call or illegal use of coal so there are significant uncertainties about the emissions and in addition china as with the position of a developing country is not really allowing a big chunk of these off their books that is indeed a problem but i think the orders of magnitude are quite clear there's scientific efforts to verify the emissions and we know them about five plus minus five percent from my point of view enough for the policymaking proposes ok thank you so very much professor nicholas her from the new climate institute for those insights this morning thank you. now to a story that has provoked outrage here in germany public broadcasters e.d.f. says that security workers at refugee shelters here in berlin have set up prostitution rings that prey on refugees the investigative report by the program from tall twenty one found the guards were groo

investment in china. cameth foreign investors in, it can sometimes be a little bit of a pain. on the other hand, they demand transparency, governance. jpmorgan to play a part in helping set high standards for governments -- governance. betty: do you agree with that? think foreign companies bring a lot of things. i think the china market is becoming more and more open to international investors, we have some leading international firms here in china, offering those kind of service alongside the leading chinese security firms, it will provide diversity and a lot of good practice from global markets to be introduced in china. i think chinese authorities have recognized this a long time and now they say it is the time to open it up to allow the foreign majority controlled security firm for the next three years, and beyond that, anything up to 100%, wholly owned will be allowed in china. i think foreign firms will continue to be involved, and if anything, will step up and do more. yvonne: china is breaking the