the mail what beijing want. from taipei is a political face. certainly. a friend upholding taiwan international sporting event would be a loss of face for beijing sort of. they will be considering an irritant by them but. with. should be very careful before overhyping war. yes military buildup separately demonstration military force all this is going to happen but. i don't see the big powers in the persisting sleepwalking to war one is. still considered for three to six in the flashpoint but. here in the photo was people leaders know very well that war could work could be disastrous even for china the mess the killing and internationally to change you expect president side to perhaps soften her stance towards beijing i mean she's made overtures she said i'm willing to speak to president xi jinping if where equals and there's no political preconditions of the beijing has not accepted that offer of talks if you're going to keep pursuing it well first of all i think it's too early now for us to think what costs three feet of our party so i think we are our p

the mail what beijing want. from taipei is a political face. certainly referendum upholding taiwan international sporting event would be a loss of face or be just sort of. they will reconsider if any written by them but . with. should be very careful before overhyping war. yes military buildup several wrestling demonstration military force all this is going to happen but. i don't see the big powers in a persisting sleepwalking to war one is. still considered for three to six in the flashpoint but. here in the photo was people leaders know very well that war could work could be disastrous even for china the mess to clear and internationally to change you expect president sides to perhaps soften her stance towards beijing i mean she's made overtures she said i'm willing to speak to president xi jinping if where equals and there's no political preconditions of the beijing has not accepted that offer of talks if you're going to keep pursuing it well first of all i think it's too early now for us to think what costs three feet of our party so i thin

. >> this is what beijing looked like 30 years ago. baback then, china wasas callee kingdom of bicycles. but then, urban n planners hada different idea. for decades, they did everything they could to make beijing more car-friendly. around six milli vehiclelenow clog its roaoads and highways. and the kingdom of bicycles has becocome the capital of traffc jams. then, two years ago, colorful rentalal bikes suddenly began appearing g everywhere. all you need t to use one briey is the app, and they cost less than 30 euro cents per hour. so anyone with a smartphone can now find a bike practilly anywhere. i went to find out if the new technology is encouraging people to get out of their cars. moke was the first bikeharing comny. it launched 2016, and now clmsms to ha 20000 milon usesers wowodwide. >>t first there was cut-throat compitioion. there were over a a hundred cocompanies on t the market. now there are just three or four left.. we'r're not makingng a profit , bubut we're getttting there biy bit. our resultlts in septembmber e extraoao

you ta ke beijing wants from the region. you take a look at what china has done in sri lanka, taking ownership of a 99 year lease of a port that they themselves built and you can draw themselves built and you can draw the thread out to the pacific. i think that is the great concern, but they will get a foothold somewhere in the pacific and it may be opportunistic as to where it may be an overtime they will slice of the line to a point where in 20 or 30 yea rs line to a point where in 20 or 30 years time we have a fully fledged military installations, in the pacific. that is why this country is so pacific. that is why this country is so important to the us and its allies america is investing in a new label based, electricity and into the infrastructure here, the battle for influence between these two superpowers is benefiting papua new guinea for now, but it could also determine its direction in the future. karishma vaswani, bbc news, port moresby, png. now, let's brief you on some other business stories. the reserve bank of

that completely depends on how beijing acts beijing that says well we'll talk to our beijing which says we don't won't talk to you and not much that taiwan can do can really can change that so what taiwan can do is do as your correspondent suggested it can be careful it can do it can to try to avoid a war are but basically all this is in beijing's hands the other issue though which i think has not received much attention is that the government in beijing has tightened very hard on its own citizens and if beijing was to try to invade taiwan this would be a huge major military movement and taiwan and other places in the world would have . it would have early reports on this happening and it's quite possible if beijing really did try to invade taiwan that people in china would would uprise and possibly the c.c.p. government fall thank you so much for your insights very good to hear your thoughts on this jay bruce shake up from the notion of our city joining us now from taipei we appreciate your time and if you want to find out more about the tensions between beijing and taiwan watch this e

representatives in hong kong through lobbying through the beijing loyal hong kong government and it is making clear that the de facto independence of a lot of institutions in hong kong has a limit and beijing decides where this limit is all right good it is that much a spelling of thank you very much. let's catch up now on some other stories making news around the world yemen's who the rebels have said they will hold to drone and missile attacks on the saudi led military coalition if the saudis and their allies also agree to a cease fire tens of thousands of you many's have died from violence disease and starvation since fighting broke out twenty fifteen. protesters have rallied in the mexican border city of tijuana against the arrival of thousands of migrants from central america the demonstrators call the migrants caravan an invasion of their country they also voiced concerns that mexico will have to support the new arrivals for months as they were to apply for asylum in the united states. u.s. president donald trump says he has been fully briefed on an audio recording of journali

and beijing has been pressuring to cancel this discussion that was hosted by the foreign correspondents club the call foreign correspondents club. refused to cancel this discussion and a month later the visa of the head of the foreign correspondents club join a list for the financial times the british financial times has been cancelled so it is very clear the hong kong government and beijing do not want certain oppin units to be voiced and they are going to precious civil society. to not voice these opinions all right now to spelling out for us in hong kong thank you. now to some other stories making news around the world yemen's who the rebels have said they will halt drone and missile attacks on the saudi led military coalition if the saudis and their allies also agree to a cease fire tens of thousands of yemenis have died from violence disease and starvation since fighting broke out in twenty fifteen. protesters have rallied in the mexican border city of tijuana you can see a rival of thousands of migrants from central america the demonstrators call the migrants caravan an invasion o

china in the hot seat over its treatment of weaker muslims the un's human rights council is examining beijing's alleged crackdown on this minority but will the growing international pressure make a difference this is inside story. hello and welcome to the program i'm homage enjoy him the u.n. says it resembles a massive internment camp shrouded in secrecy but china says the facility is a vocational education and employment training center more than a million weaker muslims are believed to be held in the western region of singeing a mainly weaker populated area beijing denies accusations of the mass detentions saying we who've been involved in crime are being given a second chance through vocational work but the centers where they are thought to be detained have come under increasing scrutiny by many rights groups during questioning of the un human rights council in geneva on tuesday which is reviewing china's human rights record this week beijing said it protects the freedoms of ethnic minorities. c.e.o. cheney the chinese government protect its citizens freedom of religious belief of ministers

human rights council in geneva on tuesday which is reviewing china's human rights record this week beijing said it protects the freedoms of ethnic minorities. c.e.o. cheney the chinese government protect its citizens freedom of religious belief of ministers religious affairs in accordance with the law and fosters active and healthy religious relations we protect the rights of ethnic minorities in accordance with the law all fifty five ethnic minority groups are represented at the national people's congress and the chinese people's political consultative conference. aljazeera as adrian brown got a rare access to china province where most of the weaker community lives here's his report. there are few more difficult places for foreign journalists to report from in china than shinji especially in. the provinces vast security and surveillance network is in overdrive as international criticism mounts over china's internment programme for ethnic muslim we goes and other groups officially chinese government officials insist they're providing free vocational training for those deemed vulnerable to

executive editor joining us out of beijing. let's get a look at what markets are doing at the moment. a little bit of what we have been seeing since the early part of the session. a look to be one of the worst days of the year for u.s. equities. we are seeing a little bit better framework here in asia. take a look at what we are seeing. u.s. futures actually looking positive and gaining more steam. asia-pacific down 6/10 of a percent. we are looking at treasuries to and 10. oil is a big story. six 7% drop. a low in case you missed it for 52 .77. crude was we are moving a little bit above that. brent at 63.41. 280 one on your two year and 307 on your 10 year. we just had an option. onshore looks like if you're in china, there is your yield on the 3.25. on your one-year, 2.41. some decent yields coming through. not bad. split the board, have a look at the currency market. here is the dollar, here is dollar-yen. unchanged at the moment. certainly a drop in oil markets is not helping. also the ringgit as well. dollar index is flat.

agency in beijing her husband jeremiah is an american the two have been married for eleven years. little has changed for them since the trade war began the only thing they've noticed is that apples in the supermarket that used to come from the u.s. now come from canada even though it doesn't have it but both are worried about the heated cons like to read between the two countries of course because people talk about another cold world did or after united states seeing something so strong i think that must mean something it seems to be kind of a strategic competitor or you know possibly even something more in the world today and i think a lot of americans have a hard time kind of putting that in any kind of you know framework the trade war is affecting china its economy is slowing and beijing hopes its punitive tariffs will have the same effect on export industries in the u.s. the rivalry between the two nations will now set the tone at the g twenty summit. and against the backdrop of international trade disputes g twenty host country argentina finds itself in a deep economic crisis

of their own growth strategy also meeting china's premier in beijing is o.e.c.d. secretary-general angle gourrier arguably almost quoting from column marks in his analysis of western economic crisis austerity we left a lot of people outside of this progress outside of the opportunities and this is something that we now have to focus on because it is giving results which are extremely extremely well unpredictable many times negative having to do with the quality of the governance so it is. becoming not only an economic or financial problem it's clearly is social problem and a political problem in the new quality of governance and governments of course while major nation governments grapple with self-inflicted political instability they have infamously been involved in political instability in the developing world except this week u.k. state mandated media has been interviewing the u.k. funded white helmets claiming that russia not the u.k. has been responsible for killing in syria foreign office minister alistair but even posed with the leader of the white helmets

china welcomes the world as it talks global trade in beijing. but will the trip he overshadowed by its dispute with the us over tariffs? live from london, that's our top story on tuesday the 6th of november. in beijing china hosts top trade officials — while in shanghai it's trying to convince thousands of foreign firms that it's open for business and that it does plays fair. we will talk you through what is at sta ke. also in the programme... as the us goes to the polls — we'll find out what role tariffs could play in the midterms. for financial markets in forfinancial markets in europe, the trading day has begun. it is a mixed picture for now, we will talk you through the winners and losers. how do you persuade kids to turn off the computer and get outside? we speak to one entrepreneur who's trying to help keep but you needs an app to access it! and one in five britons have already done their christmas shopping — unlike their european neighbours — so are people in the uk particularly organised 7 let us know, have you done yours? i have

giving around china is beijing's animosity . and with washington the two countries are just at each other's throats and over many things the south china sea for example where beijing wants the united states to stop their military drills washington ignores that there's an arms deal washington made with taiwan which did not sit well with beijing as of course the trade war washington launched against china so many many very serious things going on between the two states and other nations present here their fear their concern that they will have to make they will have to choose sides between the regional powerhouse and the nation that sees itself as the globally dominant power and with neither chinese president xi jinping nor donald trump attending as well it doesn't look like these differences will be resolved anytime soon and all things considered really they can get worse because the man washington is sending here is mike pence and he did not mince words when it comes to china have a listen. china has initiated an unprecedented e

the great and the good of global trade are in beijing today, meeting chinese prime minister li keqiang. the visit by bosses of the world trade organisation, international monetary fund and world bank comes as china's trade war with the us continues to cause widespread concern. china is keen to convince the world that it is open for business, and that it really does play fair. earlier this month it cut import tariffs on more than 1500 goods, including metals, wood and even gemstones. but the reductions were fairly meagre, less than 3% on average. but even if progress on liberalisation seems slow, firms are investing more and more money in the country. last year there was $136 billion in foreign direct investment. one of those investing is tesla, which last month spent $140 million buying land in shanghai, for its first factory outside the us with reports it could spend as much as $5 billion on the new plant. that is just one example of a company investing significantly in china. shanti kelemen, director of wealth & investment management at coutts joins me now. china very much setting ou

his hard-hitting stories eventually got him fired, so he continued his work as the beijing editor of china dialogue, an online international journal. [liu speaking chinese] fred: but t after 10 y years of reporting, he was feeling burned out.. [liu speaking chinese] translator: i think that our environmental activists and those who work for public welfare need more powerfulul spiritual supppport. why? every day what we do mamay be gooood deeds which h give us positive energrgy, but meanwnwhe what we are facing is thee darkest side of the world. every day what we see is polluted air, polluted rivers, and the slaughter of wild animals. this kind of n negative energy attacks usus all the time. we've been working on environmental protection for a long time, but the situation in china is getting worse every day. where do w we draw our strtrengh from? fred: liu jianqiang is one of mimillions of chininese who are returning to buddhist, taoist, and confucian temples that were once condemned by the government. a little more than four decades ago duriring china's cultltural rerevolution, many

now beijing openness when it comes to international investment that said a recent survey conducted by the european chamber of commerce said that around the halls of european companies operating in china over the past year say that it's only become more difficult what do you say to them well actually if you look. when the policy since four decades ago. is the more and more open you up. this is the long trend i do not deny maybe one of the particular problems but. you've got a child of four interested in growing. roughly fifteen percent a year for four decades a large they both imports and exports. small tain yes let me look at your investment we do talk about you know european investors say that there have been increasing barriers you often refer to as a key influence or. i'm wondering when you go back to beijing where you perhaps be recommending that he remove some of these economic barriers which make it difficult for european business is operating actually each other just as the number of new policies is which are particularly good for foreign best in couldn't germany best that's wh

when it comes to policies beijing has been implementing, in order to cushion the impact from the trade war, there's not much more beijing can do and that's why many experts think china is in a weaker position in this trade war. absolutely. michelle, what does president donald trump want from xijingping in this meeting to resolve this trade dispute? in simple terms, better access for american companies, more protections for intellectual property. listening to... reading the tea leaves if you like going into this meeting, you heard tough comments earlier this week from president trump's top economic adviser. on the plane travelling to buenos aires there seemed to be a softening and the opening of a deal possibility. nobody expects this to be resolved but perhaps the chance to delay some of these tariffs to bring down the temperature and allow more discussions, to see if something can be reached. the fact peter navarro, one of trump's top trade negotiators is going to be in the room at the dinner on saturday evening, he is considered one of the tougher people within his administration on

it says beijing has not changedtally its practices since an earlier report in march. carlos remains the ceo despite his arrest in japan. the chief operations officer is to be interim ceo as renault debates whether to push ahead with the plans to merge renault and nissan. the government says nothing has been found against him in france. >> i can confirm that there is nothing striking in this fiscal situation in france. i cannot give you more details because of fiscal confidentiality, but i can tell you there is nothing in particular to be flagged. to the: no end in sight turmoil for cryptocurrencies with every major coin extending a rout. bitcoin tumbled 30%. cap.com says crypto's have been wiped off since january. bitcoin is that the level of september last year when jp diamond famously called it a fraud. the two deadly wildfires in california could cost taxpayers up to $13 billion, including damage to property and cars as well as business disruption. the fire in northern california accounted for most of the damage destroyed thousands of homes. the new york times as a

beijing renhe pulled a goal back. league title. in a row. after a vote by residents. a council—owned golf course. of the city's five commissioners. inter miami are due tojoin major league soccer in 2020... in 2020, it was announced on wednesday. in these pictures. from bernie ecclestone last year. the 5. and baku in azerbaijan. to our 21 race schedule that we have in place this year and next year. in place this year and next year. most exciting and dynamic cities and countries around the world. countries around the world. it really is the driving engine of the world's future. the world's future. engines of growth and the engines of excitement. heard of him until this week. injapan on new year's eve. were being made without his approval. very misleading information. test against sri lanka, in galle, thanks largely to moeen ali. 11—66, as the sri lankans were dismissed for 203 in reply. innings, an overall lead of 177. our sports correspondent joe wilson reports. is an attractive destination, especially when it stop

two am encouraged to pm in beijing nine in the morning right here in moscow this monday november the nineteenth welcome to our to international our top story facebook surprise mark zuckerberg is on pressure from the firm's major investors who want him to step aside chairman their patience is wearing to following a series of scandals over the past year which is plate the social media behemoths. facebook is behaving like it's a special snowflake it's not it is a company and companies need to have a separation of chair and c.e.o. that concentration of power creates a lot of defensiveness within the company it's an exercise in hyden that there is a problem rather than admit in that there is a problem and set in the roadmap to fixing it. well the latest headline grabbing scandal to hit facebook a run in with billionaire philanthropist toward soros not been explained things are not going well for mark zuckerberg he's been involved at facebook in a wave of scandals involving privacy violations and data leaks and now protesters are outraged. by. facebook our mission is to give people the pow

roads, highways, convention centres all bankrolled by beijing. but the way it does business here with little transparency has raised anti— chinese sentiment. but there are locals here to see china as a friend. this woman is the ambassador for the china papua new guinea friendship association. chinese businesses he pulled the money together to fund it. when we need something to help us, the chinese people come into the country and a perception needs to change about chinese people here in papua new guinea. they are here to help. australia has traditionally been the biggest donor and investor in papua new guinea but the chinese presence in growing rapidly and is increasingly visible to fears grow as to what beijing wants from this region. when you look at what china has done in djibouti and sri lanka where they have taken ownership of a lease of a pot they don't build themselves, you can extrapolate that out through the pacific. that is the concern, but they will get a foothold in the pacific and overtime they will slowly slice the salami to appoi

about gaap jim yong kim of the world bank will also be in beijing here he is arguably sounding like a member of the chinese communist party they lifted five hundred million people out of poverty over the last thirty years unprecedented in world history and they know that huge portion of that was just because of their growth but now all not only are they focusing on the quality of growth you know switching the strategy from you know one that was so focused on investment and in exports they're also really thinking about how they can more effectively invest in their people and we know that that's a critical aspect of the.

so bad call jim yong kim of the world bank will also be in beijing here he is arguably sounding like a member of the chinese communist by.

for more now let's cross to beijing where d.w. correspondent is standing by materials the german foreign minister raised the issue of the weaker camps ahead of his meeting with his chinese counterpart that meeting is now taking place how have the chinese responded. well we do not know of course what the chinese have responded in the eye to eye meeting between the two ministers but the chinese had to answer a question about the camps at the press conference that took place after what the foreign ministers sat is pretty much what we have heard before that this was china's internal affair that everybody in the world should support china in combating religious extremism and that to join lists he said and he lectured the join in a sense that they should not listen to what any organization outside of china said but rather consider the information that the government itself is gives well german politicians frequently raise the issue of human rights in their meetings with chinese officials is there any indication that china pays attention

our china correspondent from beijing. let's get an update of our first word news. .> thanks early indicators suggest the chinese economy slowed for si sixth straight month. weakness in china's major trading partners does not help. sterling weakened as theresa may tour on signs it will be increasingly difficult to pass the deal. the prime minister is said to have caved in the parliament and lawmakers now able to change the terms and allow a second referendum. they had wanted a straightforward, take it or leave it, debate. and nowing market cools banks can make more home loans to owner/occupiers. the required down payment will be lowered. expects report says it first of loosening of lending restrictions in coming years. google employee signed a letter opposing plans for a product in china that censors results. known as project dragonfly would enable chinese state surveillance on ordinary people. the letter was signed initially by 10 employees, namely software engineers and researchers. google says project dragonfly is only

eamon javers is live on the ground in argentina eunice yoon in beijing and gordon chang is on set to break down what is likely to happen eamon, take us through what we can expect over the next 24 to 48 hours >> good morning. let me take you through what you can expect in the next 24 to 48 minutes here first we saw the two leaders of the summit arrive last night, president trump and president xi jinping arriving late last night. president trump is now expected any moment now at the pink house, which is where president macri of argentina conducts business we hear the security helicopters overhead this is a city that is on lockdown very much today here in buenos aires as we get through the course of the day of these meetings that we're expecting. we will start with that meeting and go through a number of world leader sessions throughout the day as president trump begins his schedule we will not see a meeting with vladimir putin the president announced yesterday on his way here via tweet he canceled that expected meeting. it comes at a time when there's increased focus on the mueller inv

of international criticism on china over this issue how is beijing responded . beijing is very thin skinned on this they're very sensitive react very sensitively to criticism there was a debate in the german born this talk last week about the the human rights situation in syria and the chinese embassy has handed a protest note to the bonus talk has formally protested this is highly unusual china has tried to deny this issue has tried to deny the existence of these camps for a long time and when evidence grew stronger they came forward with this propaganda of re educating providing vocational training so now they're trying to push hard to get this view into the international discourse much as these camps are hard to access there in rome a remote area how much do we actually know about what goes on inside. well we have heard some some witnesses some former inmates that were able to flee china talking about what they say is pretty much the same people are forced to repeat slogans all the time slogans like china is a great place to live to seeing these so-called red

beijing says the results show that people want peaceful relations with china a germ brown cover story joining us from taipei this is a big blow for the ruling party adrian. yes daryn and that certainly reflected in the newspapers here in taiwan on sunday this is the front page of the liberty times to figure stand out fifteen and six fifteen being should number of cities that the opposition now hold six being the number of cities that the ruling party have been a picture of a very glum looking zion when that picture taken during the news conference she gave on saturday night when she confirmed she was resigning as leader of the d.p.p. of course big questions being asked here today as to whether the zion when will now run in the twenty twenty presidential election that will be held in just fourteen months time in january two thousand and twenty there's no obvious successor at the moment but it's quite clear that while she remains in the presidential palace influence and her power has been greatly reduced china as you pointed out in your introduction has also been commenting a spokesman

beijing maintains it's humane, justified and legal. janis mackey frayer, for nbc news. >>> st one year after it disappeared in the atlantic ocean following an implosion. om l y kafa reporter: the mystery of the argentinian naval submarine, now solved. it was carrying 44 crew members when it vanished in the south atlantic triggering an intense search. 18 countries joined the mission, including the u.s. argentina gave up hope of finding survivors but continued the search, hiring ocean infinity, an american firm specializing in deep water recovery. the san juan was enroute last november from argentina's southern tip to buenos aires when communication was lost. the submarine's imploded wreckage sdorcher -- discovered more than 2, 00 fe600 feet below to r. mark the anniversary of the disappearance. this boy holding a sign addressed to argentina's president asking, where is my dad? tonight that grief is renewed. with officials unsure if that submarine can ever be recovered. lucy kafanov, nbc news. a funeral for the mayor of the town. he was

beijing always makes that point. remember apec is an economic forum and that is all we are going to talk about. taiwan, although they do participate, the president of taiwan does not attend. a more junior official, a friend of the president or something comes and sits in that seat. beijing watches very carefully those interactions between the american delegation and taiwanese authorities. they are watching. and they tolerated it. they might not tolerate it if the question came up today. i'm not sure they would be enthusiastic about having them there. but it is a big economy in the apec region. >> on the first question, the one thing i can guarantee with certainty is it will be a brilliantly successful meeting. one of the best ones in history. just like the senate with -- the summit with kim jong un. it will probably have a similar outcome an agreement to have a negotiation. i suspect they will each appoint someone important and there will be many people like chris who are much smarter than i am trying to figure out w

rosemary. >> many thanks to steven jiang bringing us that update from beijing. appreciate that. >> the u.s. says a journalist captured years ago in syria is alive. what we are learning about this case coming up. >> the united states isn't fighting the war in yemen, but aid groups say it is as much to blame for the humanitarian disaster as many of the combat ants. hear why when we come back. being detected was not an option. if i was recognized the whole operation was blown. the element of surprise was imperative. wow. he won't even recognize you. seriously. i don't even recognize myself. and thanks to my cashrewards credit card from navy federal with never-expiring rewards it's gonna be a killer honeymoon. woo! maui!! boom navy federal credit union. our members, are the mission. and i'm still going for my best even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm up for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly

outlining beijing's unfair trading practices. the trading practice doesn't bother me because we are not saints in this regard. beijing, -- trade with you get what you pay for. his emphasis on human readers, defense of taiwan, that was the game changer. stuff on trade we have heard before and companies who want to do business there, you asked for it. but the other bigger geopolitical moral issues, that was the meat of it. shery: we saw a mature elections, several candidates opposed to president trump's tariffs and trade were defeated. does this give the green light for president trump to become harsher on china? >> i think the tariffs haven't hit yet and people have money in their pocket from a hot economy. most of the rural states will stand with president trump even if it is a hit to their bottom line. this gives trump reason to stay harder against china for longer especially because many democrats dig in on trade more than republicans. don't expect easing despite the trump -- that trump last week left a popular deal in argentin

all at the initiative of beijing. mannion it is a journey back in time. here many crops are still harvested by hand as was common in europe decades ago. you know. there are no. us. do low. you. do not you know you. will you do you little. child. by saying because i miss my native region. i miss my parents. told me to say my wife and i work far from home. my native region is in the poorest area. it's hard to find work there. moves we do very little. normal g.'s say and his wife come from the sichuan region three thousand kilometers away and the equivalent of one euro cents per kilo of tomatoes . for me. now could. go to my wife and i collected one hundred sixty or one hundred seventy bags between us we earn two point two renminbi per bag. together my wife and i sometimes earn four hundred renminbi per day or sometimes less but the yield varies according to the field. she reaches. the people. that speak with a length of about forty euros a day between the two of them. only the poorest families in china are willing to do this difficult work. for us han chine

an executive editor joins us from beijing. is this a further sign of beijing keeping his promises and open up the financial industry? is.t step-by-step, china is allowing greater access to foreign companies. allianz is getting approval to start this holding company which they say is going to give us more flexibility for the future. right now, they are all done under graham corporation with the local partners. macron cooperation -- in cooperation with the local partners. forward, this holding company should be giving allianz the flexibility to make those moves looking into the future. the flexibility to make those moves looking into the future. >> the disapproval come faster than expected -- did this approval come faster than expected? >> if you ask for in insurance companies, many will say it could have been sooner. china has always said, we want to open because it is good for china. obviously the foreign companies have a different perspective on that. the chinese announced these banks and brokers to take on greater shares of

i think beijing has done things like this for decades. i think what has really changed is the confidence, like you point out. but also this sense that we need the rest of the world‘s appreciation. we need them to understand what we‘re doing. it is a funny line that they are walking him that the one hand they do commit acts like this and on they do commit acts like this and on the other hand global prestige and importance is really, really paramount to them. so my paramount, number of very important i do think you kind of have both the flow of those things happening at the same time. isaac, there are good to have you on the programme. please come back. thank you. you can read isaac on the washington post website. stay with us on outside source — still to come... we‘ll explain what chess armaggedon means and why it could decide which of these players wins the world championship. it has been draws all the way, so we are going into a rapid—fire round. tributes have been paid to the conservative peer, lady trumpington, who has died a