force could be projected against china and that is the biggest fear that china has. now if the chinese were able to occupy taiwan in that way aid them in projecting force and preventing interference by foreign forces and particularly the united states in 2005 china made this and matter of national law. the national people's congress agreed on an anti secessions rule to declare we unifying the motherland as the sacred duty of chinese people taiwanese compactly it's included it was passed by $2896.00 votes to 0 john is going to pass a law to take this risk seriously and there's a strong we were 1.31.4000000000 people. behind this. national people's congress or that. you know you know they were not tolerate any session the law held out the prospect of a hong kong style approach of one country 2 systems china you know one cons why country 2 system china would lead. taiwan to do whatever the konami side and and also a free enterprise is capitalist whatever that it would not be really impressed by china so long as the sovereignty is within one china policy this system taiw

well china as we mentioned before china will be. in some areas it will be a growth engine the general direction of pivoting also away from china looking for other markets in the region i think there's a. strategic decision already been made before the kohen a crisis that was started so i think actually this the necessity to actually continue to move in some areas away from china is actually increasing the spot of course in some areas. to cooperate with and with china as a global thing and other areas of course remaining the same but i think strategically there is a move towards less dependency from china looking for other emerging markets in the region which of course let me come back very briefly to our title for one last question and the title of course asked whether china emerges from the corona crisis as an economic winner the fact is china while the rest of the world's languages will account for over 30 percent of the world's economic growth this year and possibly into the near future as well so what do you think will china use

and china have had since china joined the w.t. oh because it's certainly true that u.s. manufacturing has taken a hit chinese manufacturers have gained huge inroads in the american market there's no question about that but of course remember that american consumers have gained enormously from the trade relationship because they've had access to much cheaper consumer goods and would otherwise have been available the problem is that is a classic problem in economics is that the gainers have gained a small amount each through through cheaper products and the losers of lost a lot of each because of lost their jobs so that means that you tend to hear about the people who've lost the most rather than those who have gained a little but of course there are hundreds of millions of americans who've gained relative to those who've lost their jobs so the real failure of policy i think has not been the trade relationship of itself it's been the way the politicians have dealt with it they haven't provided sufficient support to people in manufacturing and to manufacturing companies who

china's affairs probably should maybe you know. this i mean china saw the problem itself so what about attitudes here in europe as the czech republic has found out when europeans express solidarity with taiwan. china responds with threats but that may make europeans more determined to take a stand at least that was hinted at by germany's foreign minister at a meeting with his chinese counterpart. there also. were you and i. only wish to. be a little more. active here. but experts say europe still hasn't figured out how to back up that commitment what we lack of a europe in conversation about what kind of player europe in the future would like to be in these kinds of scenarios and whether we would like to stay at the sidelines of the or whether the mission the important for europe to not only defend the economic interest but also with interest because safeguarding vital democracies in a region that is of crucial importance for the future of our economic prosperity and finally let's turn to taiwan itself from minister joseph says the

china relations and they live search germany other many director of china policy center at australian based think tank welcome to you all and by laying out this new blueprint is china transforming or just trying to expand its economic power globally. well i think it's doing a little of lords so this latest well the coup lucian of this one and lays the groundwork trainers for teams 5 year went around and i think the key issues here are 1st of all that china recognizes presidents see that their. china is facing changes unseen in a century so this involves both domestic issues as well as school issues and was plan is designed to address the threats emerging from both the spheres but also be opportunities as well so i would say that the principles have not changed meaning pursuing the asp fulfilling the aspirations of the chinese people are pursuing the rejuvenating of the twenty's nation and making a contribution to their kind are the guiding principles but of course like any effective strategy there has to be an element to adapt to do as well ra is china trying to say it's about time to

is from china too. i think it is from china you know they are safe yes definitely i have my stuff comes from china. coronavirus it's where corolla started no one thinks about where it comes from anymore. the coronavirus did 1st appear in china and china took its time letting the world in on it the chinese communist party brutally suppressed the warnings coming from its citizens. experts agree that if beijing had reacted faster it wouldn't have become a worldwide pandemic. the coronavirus pandemic has weakened the world's trust in china. china's factories deliver products to the entire world but it's a police state that brutally beat down the democracy movement in hong kong. is it possible to do business with a country like that. how can you do business with a country that's built large concentration camps impinge on province to detain wiggers. european companies have to ask themselves who ends up paying the price for doing business in china that's also a factor in the investment protection agreement our

china's g.d.p. has almost tripled in the last 10 years 'd its debt ratio is still rising alarmingly. at the end of october the party leadership wants to toast the agreement of a new 5 year. this is a framework for the distribution of work and money under the communist government. it also determines how much the economy should grow and which companies the chinese make trade with what can we expect from this 5 year plan. suspect future in effect if i get depends on how the chinese see globalization and how china sees it interdependence in the area of technological development and we'll see whether china relies more on national technological sovereignty or whether it relies on international interdependence and the partnerships with europe and the us problem do you think as with the mission with bae and i know it's going to be a mixture of both but under she we have to expect a stronger focus on techno nationalism and the temptation will be very strong for china to be more self-sufficient and independen

and i think china was. first that in 2008 to realize it was all over a member medvedev at that time held up a gold coin well china what they did is they leased the credit spigots because i think they realized this whole fear was inevitably over so why not just load up on a whole bunch of debt and build these high speed rails everywhere build a small nuclear reactors build all sorts of infrastructure when that's all going to go to 0 this is a fascinating concept so you're saying similar to an idea that was floated around on the web not too long ago as hey i'm going to my credit card i'm loaded up buying . and then when i default to my credit card i don't care because i have it all in and confiscated all because they're saying china is kind of using this strategy they realize if you have money game was going to end so they borrowed incredibly and built infrastructure and they plan to default it's a game of chess and they saw america was doing the same because we were borrow and borrow and borrowing nobody had

literally decades to sit at home in china soon as china was discussed and seen in the screen. it's actually not a surprise really but it's live there. you know there sit your ship is you know they have their own systems for their 22 election they're definitely behind a bite in you know they've worked with their business partner. you know with the whole 100 agents in tow. so i think in china you know at the end of the day though china to just deal with whoever is there in continued there you know they're right in progression in all areas you know in the economy military armenians everything you know that has to be a time when americans would argue that well you know china's authoritarian and america's got freedom and we've got free speech and ultimately that's going to be the winning hand going forward and but they want to have a new york times history so they are going on a major on. ed piece that maybe we don't need free speech in america and aren't going for censorship same's like they have capitulated and said look we're never going to win with free speech we have to now ma

will be china. totally wrong. he misunderstood some trends. it's a nice effort, it's a positive thought. completely false. another book called the coming collapse of china. vice president pence addressed this directly. the coming collapse of china for many months was the number one book in america on china. the coming collapse of china. very popular author. i like him very much. his name is gordon chang. i said gordon, don't. the year china will collapse. leave some flexibility. no, it's going to be 2012 and he put 2012 in the book. the book came out in 2001. vice president pence said since 2001 china's gdp, china's economic strength has grown by howmuch ? 10 times. was it coming collapse? no. so in 2012 foreign policy magazine asked gordon give us an article. when is china going to collapse? the feeling that china is going to collapse is very important because that means it's not going to be a problem very long so gordon wrote the article. he said give us when it will collapse. i would have said ge

it will deter china. it will -- we will deploy the same missiles if necessary in europe to deter the russians, the russian federation. it is classic peace through strength. we think by deploying these weapons not only fully determine attack but it will put us in the posture to have real arms-control in the future. just like we had to deploy the pershing missiles and cruise missiles in the 80's to your ticket the soviets -- to europe to have the soviets agreed to the zero option, the precursor to the inf treaty. we are just not going to be party to treaties where we abide by them and the other side doesn't. that is the message everyone in the world should understand. number two, we will put america's defense first. does with respect to new start is sets a new baseline and a reorientation. the talks with the chinese, they are stiff arming any attempts to do arms-control. we want to get a good deal with the russians. the treaty is not a great deal. it was a treaty that president trump would have never negoti

take it back to china. don't pay for it and use it to create competing projects and subsidize those projects back to the country from where you stole the technology and for the folks out of business who developed the technology to begin with. twicee getting clobbered if you are an inventor. you get your inventions: with no license fee and no -- your inventions stolen with no license fee and no competition and your market is undercut and either you or your license fee is put out of business. great countries don't build themselves on safetheft. >> when you think that american businesses are more and more realizing this? china isn't going to produce which youopen market, can compete on an even playing field. d inre going to be loote order to bolster your domestic chinese competitors. mr. o'brien: standing up to the chinese are deciding not to do business in china. if i could sell everybody a hamburger once a week, that is a lot of hamburgers to sell at mcdonald's. it seems like a great business opportunity. bu

north china is chronically short of water. south china is chronically prone to floods. all the major developments are in delta cities, which are completely vulnerable to sea rise, so if you think of shanghai, if you think of all that sophisticated development, the pearl river delta which is going to be china's high—tech hope, that is a low—lying delta conglomerate, so china gets that. china knows that its promise of a prosperous future is very much at risk because it is so vulnerable to climate change. it saw what happened when manhattan got flooded by super storm sandy. it saw what happened when hurricane katrina struck florida. they get it, so those vulnerabilities are what they are trying to hedge against by being proactive, both in their industrial policy and, by the way, it is china's ability to manufacture its scale and that decision to invest in renewables which made these solar panels cheap. justin talked quite rightly about the fact that renewables are now cheaper than fossil fuels. that is because china chose to invest heavily and has manufactured them wit

competition for dwindling fish stock in the disputed south china sea creasing tensions china has sent out an armada of naval vessels to defend its claim to about 80 percent of the sea fisherman from surrounding nations say they've been harassed by chinese vessels what countries are unable to stand up to beijing are turning to the us for support which is deploying more warships to the region to counter the world's biggest naval force and we're going to focus now on overfishing and the damage that is doing to the. ecosystem fish stocks are estimated to have fallen by as much as 95 percent since the 1950 s. according to the center for strategic and international studies it also estimates catches a fallen by as much as 75 percent in the last 2 decades one of the biggest reasons for the depletion of stocks is government subsidies which allow fishing vessels to stay out longer and travel further than necessary china handed out 7 point $2000000000.00 in 2018 globally government subsidies to the fishing industry standard about $35000000000.00 america's top diplomat mike pompei recently denoun

has placed on china so far. a newosed restrictions or classification of restriction, and suddenly we see something similar, something reciprocal from china. now we see this new -- basically, it is china giving itself more leeway, more freedom to oppose limits on the export of key technology. as you point out, caroline, there is a huge trade war between the two countries. you know, there's all kinds of rationale for it. china and the u.s. will talk about how they don't want trade secrets to be stolen. they are worried about national security. ultimately, both countries want to have privacy. they want to have leadership in key technology's. in certain areas like chip manufacturing, and they also have an exam dig -- an advantage in certain areas. aspects of 5g, artificial intelligence. people give up their data much more readily in china than they do here. joe: the joe: thing with tiktok the thing with tiktok, people are blown away by its algorithms. machine learning, ai, they are way ahead. tom: it is a huge popul

china. i see that the chinese government has to accept a pretty slow growth going forward, instead of pushing for technology, the best technology. what hasl settle for for now, like 40 is good enough, it works. 5g the next 10ve years, so what? so that kind of attitude is what we will probably see. don't chase after the best. just looking out what's going on with this, looking forward to the election, do you think there's a feeling in beijing that they would prefer one man over the other? >> they don't say anything about biden, definitely. trump -- he has scared a lot of people, they say he's unpredictable. machineing, it is not a that can react quickly. beijing always takes a long time to come up with a decision. we need to have a lot of people and so forth. so i think biden has been talking about consulting with allies and so forth. so anything coming out of a biden administration will be well broadcast and will take a long time to formulate. ar beijing, it is probably sigh of relief, somet

the other is china. i think the russian threat represents the putin regime playing a bad hand very well. especially in the past several years. and it's a good example of how even a declining economic power like russia can use asymmetric warfare techniques like in cyberspace in particular. and to press its advantage with the resource it does have, oil and natural gas, in the space of the former soviet union, western europe in the middle east and respecting us. and i think these two broad strategic threats are going to be critical for the next administration. i think china is the existential threat of the 21st century. but even though those are important and significant at the strategic level i don't think you can dismiss the more immediate threats, the threats of nuclear proliferation from north korea and iran which continue to grow worse and the continuing threat of terrorism. i think the problem the u.s. faces is that we are seeing threats across a broad spectrum which requires a broad spectrum of capab

china has a large tech contingent, so that made earnings for china more resilient. for these other markets, that's not there. there is going to be higher data, more reactive to recovery trends. a lot of people have been saying inflation will remain benign, but there's been a growing body suggesting we could see inflation return in 2021 and 2022. but where would it come from? that's the point. ken: right, where would it come from? some of that information can come from oil. if we have oil demand going back to 95% of normal, and then you have reduction in shale outputs if biden takes the presidency, then you could see oil prices at 50 rather than 40, right? that's going to feed through to gasoline and that's going to be ok. energy inflation, it's meaningful, but it's not going to be a game changer. the other source of potential inflation, i think, is with demand. but i think compared to where we were back in 2019, it will still take a long time to fully get back there. so, i don't think demand driven inflation is going to be that big of a deal. if it's just energy dri

china. and china is not cheap anymore to have low value-added manufacturing. they are moving to other parts of asia. that is another reason for chinese authorities to push hard on reorienting the story towards consumers. they are dropping it back to consumer all the way. china, some will be less manufactured in china. the chinese economy has rebounded a lot more. rishaad: thank you for joining us. up, waning demand for sugary drinks has provoked an m&a deal that could create one of the world's biggest bottlers. we have details coming up after this break. this is bloomberg. ♪ you are back with bloomberg markets. coca-cola amatil shares surging in sydney, after a bid from their european counterpart. it would mark the first major transaction in australia since the pandemic began. harry brenton joining us now. what does this deal due for these companies involved? coke european partners is one of the biggest bottlers in the world, but they are primarily based in europe. this balances out there

>> it's a bleak form of good that it has forced china by provoking china and poking china. the dragon has basically growled and set fire and china's incredibly aggressive behavior towards america's allies over the last 18 monthsbecause china doesn't want to directly confront americajust yet , america's guilt is for that . canada, britain, sweden, the european union, south korea, the list goes on and on and there's america's chair and unfortunately it may be somewhat donald trump's view of the world. you go and break their need to send a message so donald trump has at least forced xi jinping to reveal all that happy talk about a harmonious solution at the end of the day you will break your knees if you don't want to see what he says . >> so let's move on to the question not of voter preferences with respect to trunk or by the allies and adversary preferences. i'd like each of you to have discretion here, pick your favorite ally and adversary and tell me who you think that particular country perverse. and i could ask specific questions of each of you but we will see how this

trade goes from china so australia to china and so it's huge and china recently has put his foot down and impose an 80 percent tariff on bali they have just expelled 2 australian journalists they are basically pushing the screws and tightening the screws on australia the question is why the reason is because the australians are looking deeply in to and probing the code that 19 or as many call it the will handle the chinese virus they are probing and wanting to know where this came from exactly and they've made some great strides in this arena and that is supported leigh why the chinese government has ramped up these tariffs on the technically bali and also they're saying that the. the chinese are basically saying that the australian wine manufacturer is a dumping on the chinese market they're making it very tough for the australian exports and or do the code that the code investigation it is and australia became the 2nd country to join the united states calling on the investigation. on china then and now let's talk a little bit about the upcoming election the presidential election if

through various potential adversaries all china and china could very easily come and go in a war with both of those countries then you have china's very close relationship with america which gives a lot of concern to the kremlin. and so we also have to tell you. into consideration the military relationship now i'm very aware of president putin says boss i'm not so sure he really believes there will be a military alliance because the russians are very sensitive in concerns about a supply of high tech. on a solution is military because many in the kremlin often says. russia could be there was enough military force in china one day it could strengthen the national security of the russian federation now all that said i see the relationship between russia and china continue in syria blossom in the future but there are very serious challenges cigarettes you know there's already a past when it didn't have to be this way this wasn't an inevitability. this relationship we can put ever whatever adjective you want to put in front of it but this is basically the makings of washington i mean and a

-china dislocation at the moment. eases not assuming that to nothing, even if there is a blue sweep. to what extent do the sino u.s. discombobulated's play into this? tom: you are right and it percolates through many discussions that will be had among communist party officials, the concerns about decoupling and the acknowledgment amongst many you talk to that whoever becomes president in january, the tensions and friction will continue longer-term between the two countries, so they need to build out, for example, their semiconductor industry. they need to be less reliant on trade with the united states. they need to build out trading relationships with southeast asia, for example. all these areas will be focus. that u.s.-china dynamic underpins discussions this week. manus: thank you very much. i'm sure we'll touch base. great reporting. men on the ground in china, tom mackenzie. my guest host is frederik ducrozet from pictet wealth management. i was caught by ray dalio's " over thethe ft weekend. don't be blind to ch

so let me start out by asking you rudolph china has reported economic growth of nearly 5. percent in the 3rd quarter of this year that's a rate almost equal to what it was doing before the pandemic hit but how reliable are those statistics both on the infection rate and also on the economy well big numbers in china always a difficult topic by itself but when we speak about the general trend of recovery and especially compared to other major economies in the world we can say that china has been more successful than other countries in actually come going back on track and with its economic development so i think we can see well if you analyze the doctor the doctor is robust saying that of course this has increased if you dig a little bit deeper than the question of course is where is this growth happening different problems with the gruel population and the urban population are the gets to get actually widening and it seems to be the case is that get widening between state owned enterprises and private enterprise as the answer is yes there as well when we'll come back to the

apple sales plunge in china. china rolls out its five-year plan, promising to build a tech powerhouse. coming his party also wants greater sustainability. at the ecb says more stimulus is coming as eu governments proposed new virus lockdowns. it says bond buying and support won't seize until the covid -- won't cease until the covid crisis dies down. shery: quick check of the markets, u.s. futures coming online under pressure, down 1% after disappointing markets in earnings. we managed to end the session higher by more than 1%, s&p 500 gaining the most in two weeks. we had strong data to surge third quarter u.s. economic growth and a decline in weekly jobless claims. that recovery in the u.s., setting us up for a recovery in asia as well. look at new zealand trading at the moment, ever so slightly higher, asx futures pointing to a gain of .4%, reversing declines of 1.6% we saw thursday. nikkei futures pointing higher, a little weakness though in seoul. top story, plenty of action after the bell in the u.s. with ba

china has. now if the chinese were able to occupy taiwan that were aid them in projecting force and preventing interference by foreign forces and particularly the united states in 2005 china make this a matter of national look the national people's congress agreed on an anti secession little to declare we unifying the motherland as the sacred duty of chinese people taiwanese compactly it included. it was passed like 2896 votes to 0 john is going to pass a law to take this risk seriously and there is a strong we were 1.31.4000000000 people. behind this the national people's congress or that. you know you you know they were not tolerate any session the law held out the prospect of a homecoming style approach of one country 2 systems china you know one cons why country 2 system china would lead. taiwan to do whatever i think anomic is side and and also a free enterprise is capitalist whatever that matter would not be really impressed by china so long as the sovereignty is within one china policy th

is it empty china well that's a very good question and it's a response to china that whether it's a china or not that i think will become clearer as the east goes goes on but it's particularly interesting because in the state as by the various arbutus of what may be in tokyo by u.s. secretary of state was most but that was the one who talked about china the most the others didn't so much it's all about china whether it's a china that's jordan what would it. what does that mean for this grouping of ministers in this group of countries then if my form for you is the only one that is talking about china the others aren't what is it that is binding them together and what is their strategy going forward well i mean china is obviously binding them together we wouldn't have got a meeting at this level and at this time at a time when the mrs john generally travelling that much because of cut the 19 up without china so china is calling them to give up what is their strategy i think that all of the countries in different ways want to find a way to constrain taught china not contain china but to con

is china bashing china is a false i'll stop the ball china will continue its arise on peaceful development this is something. any country in the world especially developed countries need to acknowledge a live up with it is a political suicide tried to write off child lease on china's state run television president xi jinping appears in the military museum to commemorate the 70th anniversary of the korean war in which china haunt the u.s. in appearance meant as a signal that whoever wins the u.s. presidential election will face a strong china whose leadership will defend its interests with confidence. its u.s. city of philadelphia in a 2nd night of protest after the killing of a black man by police on monday the 27 year old wall to wall as junior was shot by police after they said he refused to drop a knife or as his family say that cold front not police to get help with what they say was a mental health crisis. the philadelphia night once again lit by flames. tuesday saw more clashes between police and protesters. with more blood spilled on both sides a speedballs vented their anger at the

you're watching d w news asia coming up today has the catholic church betrayed its followers in china cardinal joseph dan long considered the moral authority of hong kong speaks out against a secret deal between the communist party and the vatican. and in south korea a new alternative for those who object to compulsory military duty on the list just grounds but there's still a heavy trade off. i'm melissa chan welcome to news asia thank you for joining us the catholic church has renewed a deal it made 2 years ago with china which is an officially atheist communist state concerning bishops there the agreement now gives the pope a file say over the appointment of them but beijing is the one who gets to come up with the choices chinese authorities had previously selected bishops without the say of the vatican and a division formed between state sanctioned clergy and underground bishops who operated outside state control the former bishop of hong kong cardinal joseph dan has spoken up about this a pro-democrat he has expressed concern over the church's engagement with china here's the int

by provoking china and poking china, you know, the dragon has basically growled and spat fire and china's incredibly aggressive behavior toward america's allies, chinese doesn't want to directly confront america just yet. it's too strong. you look at their treatment of australia, canada, britain, sweden, the european union, south korea, you know, the list goes on and on their crime is america's lieutenant and a few of the world and unfortunately maybe somewhat donald trump's view of the world you want to go, you break the knees of their underboss toss send a message. donald trump has at least forced xi jinping talking about harmonious future, in the end of the day he's going break your knees if you don't do what he says. >> fascinating. so let's move onto the question, not of voter preferences with respect to trump or biden, but allies and adversary preferences. so, i'd like each you to-- you have discretion here. pick your favorite ally and adversary and tell me who you think the particular country prefers. i mean, i could ask specific questions of each of you, but we'll see how this goe

well china. china will be. in some areas it will be a growth engine the general direction of pivoting also away from china looking for other markets in the region i think this is a true strategic decision been made before the kohen a crisis that was started so i think actually this the necessity to actually continue to move in some areas away from china is actually increasing the spite of course in some areas. to cooperate with and with china as a global player in other areas of course remaining the same but i think strategically there is a move towards less dependence you from china looking for other emerging markets in the region which of course let me come back very briefly to our title for one last question and the title of course asked whether china emerges from the corona crisis as an economic winner the fact is china while the rest of the world languages will account for over 30 percent of the world's economic growth this year and possibly into the near future as well so what do you think will china use

military conflict with china. ever since the founding of the is anhey say taiwan integral part of china, and that rhetoric has gotten more vociferous lately. wang: you are asking a good question. in our theory, balance will cause -- imbalance will cause the rift of war. -- they could easily win the war. ist we are doing in taiwan have the leader of china think twice. we try to make a price they cannot afford. china for decades, not one or two years, but more than 40 years. taiwan is a peaceful and democratic country. we need to defend herself. when we develop our capability, we try [indiscernible] lion tries to swallow a hedgehog, it will hurt. so no lion tries to swallow a hedgehog. when we have symmetry within a remodeled ourve reserve military, the only is to maketry to do china aware, if you dare to invade my country, the price will be too high to oppose. kuwait.q and rishaad: i have the analogy about small countries and hedgehogs hurting. i want to get a sense of how the americans will be selling you offensiv

later this month china's governments will rubber stamp a 5 year economic plan 13 previous plans have carefully charted china's move from an agricultural economy to the factory of the world this plan is likely to check out growth targets and favor of quality and structural reforms in many respects china has been forced down this path as the united states attempts to decouple from its reliance on the world's 2nd biggest economy let's discuss this with rubin monta hart he's joining us from hong kong he's a professor for asian initiatives for the i.e.s.e. business school at the university of navarro thanks very much for your time with us so i guess efforts to keep growth above 6 percent come what may has been thrown out and this is partly in response to washington's economic war partly in response brooke they have also many other issues to contend with so i know it is the main the main story is what you call the jewel of circulation which is the 1st circulation called internal circulation to boost the growth gumming from domestic consumption. everything domestic domestic development for

of threat i guess we'll see it's far from certain put taiwan would get any help if china or. even 5 years ago. the united states to come to taiwan's defense was greater than it is today so what my china actually do let's turn now to all 3 scenarios each one more dangerous than the last we're going to start by projecting what's happening right now into the future with china trying to chip away at taiwan's defenses and we're going to ask how far could it go. february 2020 taiwan's air force releases this image to the media it shows a taiwanese jet fighter. intercepting the chinese boma flying air it's an space rankling it's just a dangerous tension in the sky the photograph might be red but what it shows happens a lot especially this year taiwanese military expert johnny chung explains a common flight path that chinese planes follow made and and so common brian out. because they go to the. side of taiwan and fly in down bed return back to china taking the route of boston can say we will need to respond by saying the aircraft fight to hold the x. the. block to make sure so we ha

let's talk china. in this very divided election year, it seems to be that we are seeing bipartisan pushback against beijing. how worried should americans really be about china? i think china's trade policies and practices needed to be challenged, actually, having done business in china for many decades. there is no question that the chinese rules that apply to american companies are deleterious, unfair, and there is also no question that they violate many of the commitments they made around intellectual property protection in the wto. on the other hand, the trump administration has not challenged them effectively because trump has been both inconsistent and unpredictable, and in complex trade negotiations, complex negotiations of any kind, inconsistency and unpredictability are not very successful. are you worried about this idea of a bifurcated internet, bifurcated tech world, if these tensions with china continue? carly: i am. i do think that the united states needs to be consistent, persistent, and

economy the us china trade deficit actually peaked in 2018 at 418000000000. dollar gap and then in 2019 it fell back if i just can consult my figures to $345000000000.00 there was actually a $73000000000.00 drop in the deficit from. $28.00 change to 2019 and a $91000000000.00 drop in total trade so if you look at the 2020 figures overall leave aside the month of september the 2020 figures over all the tracking 2019. except the deficit in 292000 and 20 looks like it's around about 58 percent of total trade volume in goods as opposed to 60 percent and 2019 so my bottom line is this. the trade war has had an impact directionally and the way in which president trump intended it to however the political cost and the relationship cost between the 2 biggest economies in the world. the price that's been paid in that regard relative to the gain in deficit reduction a lot of people would question whether or not it's been worth it and we're going to get to that here in just a few minutes they effect actually less is good right to a professor wolf what do you make of tha

china's g.d.p. has almost tripled in the last 10 years 'd its debt ratio is still rising alarmingly. at the end of october the party leadership wants to toast the agreement of a new 5 year. this is a framework for the distribution of work and money under the communist government. it also determines how much the economy should grow and which companies the chinese make trade with. me expect from this 5 year plan. the stick figure in effect if i get depends on how the chinese see globalization and how china sees it interdependence in the area of technological development and we'll see whether china relies more on national technological sovereignty or whether it relies on international interdependence and the partnerships with europe and the us problem do you think as with the mission with bae and i know it's going to be a mixture of both but under she we have to expect a stronger focus on techno nationalism and the temptation will be very strong for china to be more self-sufficient and independent when

that led to china's growth. the state first because it was a no old look- no holds barred from someone about how the state has come back in under president xi in recent years. and importantly that this does have cost. as a critical part of the white the u.s.sion, strategic dialogue, whatever it will be renamed, this dialogue being constructed is critical to the global economy and all of our well-being. we ask nick to give us his advice to the chair of the u.s. china economic dialogue. over to you. nick: thank you. the first thing you will recognize is that any policy directed towards dealing with the challenge that china represents has to be part of a comprehensive program of u.s. that focuses on rebuilding a troubling infrastructure -- crumbling infrastructure, rebuilding our support for research and development, and certainly, a smarter immigration policy that brings in scientists and technicians to improve the productivity of the u.s. economy. i think what we've seen in the last few years is a policy that see

will be -- on china. we are not looking for any rollback, but that does not mean tensions between the u.s. and china are going to by any means dissipate. anyl -- though we not see terrace increase, we do not look for them to be rolled back anytime soon. it takes a while, we have seen this, it takes a while for tariffs to be reduced. there continues to be a drag on how much chinese imports -- exports can actually increase. in the meantime the expect resilience when it comes to the chinese recovery to propel asian economies in particular we are getting south korea's 20 day export numbers this week, do you expect that to continue to list some of these other regional data points we see? sian: it is going to provide , and south korea were not looking particularly -- [indiscernible] undeniably, the increase in china production will increase support, so asia -- through the rest of the world. .hat is real challenge there is so much focus on hong kong now, but we look at the economic focus and jobs data on the hon

i think of human rights violations later what is tibet's future under china. allegations of force made by china's cotton fields good or we just detainee has made the teacher to go closer. campaigning in here to pay close attention to the upcoming u.s. election as the outcome could change their lives and fortunes. welcome to d.w. news asia glad you could join us 70 years ago today china took its 1st steps towards and next thing to bet into its stead of 3 the battle of jumbo bitter chinese troops against tibet and forces it resulted in china effectively setting up its own administration in the chummed all region in tibet in subsequent years china officially incorporated tibet into its territory as an autonomous region rights groups have accused the chinese government of oppression claims boosted in recent months by reports the thousands of tibetans are being forced into labor camps we'll be speaking to a tibetan rights campaigner shortly about that and what the future holds for the region but 1st this report. the himalayan region with its capital home to a large

the role of china in international organizations because china is definitely a factor but let's not forget that this meeting is also a culmination of all of us india ties which has been growing stronger not only over the last 4 years but also since the early 2000 so i would say when india and us signed the civilian nuclear deal so this partnership has been going from strength to strength china has definitely exeter's ated trends. the u.s. stands to gain a lot by building closer ties with india delhi can serve as a counterweight to rising china but what does india stand to gain isn't having an antagonistic relationship with china only going to make things more difficult for india. the indian foreign minister zarif can say when asked about whether india would choose sides in the us china competition said india will choose its own side and will work for his own national interests so that's an important frame to keep in mind. successive indian governments in the pasta actually have been quite mindful of beijing's sensitivities when it comes to india's close and eyes with the us and have