paying issues of warning to the united states he says no one can dictate economic policy to china as his call his party celebrates forty years of meteoric growth under a policy of opening to the west. all that and more coming up in just a minute with. momentum in a timeless way discover the bones of both house world starts january fifteenth to double . time for an upgrade.

of their clothes on buying. a house with no roof. or design highlights you can make yourself. in stoops and tricks that will turn your home and special. upgrade yourself with t.w. interior design channel on you tube. china will be told how to do business that's the bottom line of president xi jinping speech marking forty years of economic reform in the communist country. also coming out but not company in china that benefited in a big way from economic reforms and now has to shine. the business model of

producing fakes. welcome to the business model for us today china marks forty years since the communist party opened the economy of economy to the rest of the world which ultimately turned china into a global economic powerhouse second in g.d.p. only to the u.s. forty years ago china's g.d.p. hovered around only one hundred fifty billion dollars only nearly twenty years later in one thousand nine hundred seven it broke through the trillion dollar ceiling and by last year g.d.p. had grown to over twelve trillion dollars in his speech marking the anniversary a chinese president xi jinping vowed to press ahead with further economic reforms but he also made clear that beijing will not deviate from its one party system or take orders from any other country. it was an impact oblique choreographed event

designed to showcase china's transformation from an inward looking farming based society to the economic giant it is today. well your country's president xi jinping credited forty years of what he terms of socialism with chinese characteristics for lifting people out of poverty and pushing china on the international stage. but that stage now more than ever is fraught with tension in a thinly veiled reference to his country's months long trade dispute with the united states she had this to say. john you go your job there is no text book of rules to follow for the reforms and opening of china by a country with five thousand years of history and civilization and with a population of more than one point three billion people yet no one is in a position to dictate to the chinese people what should or shouldn't be done. no

one not even seemingly the leader of the most powerful economy in the world this footage shows seizing ping having dinner with u.s. president donald trump at the g. twenty summit in argentina earlier this month the result was an agreement to a ninety day truce in their trade conflict. but the arrest since then of a top executive at chinese tech equipment giant while way has left that truce on shakier ground then ever the tone coming from beijing today was defiant china won't be pushed around. for more than if it is the beijing correspondent off the irish times newspaper to feel welcome what did you make of the speech today well we had a lot of talk today about on swerving commitment to reforms and great socialist rhetoric there it was a very defiant speech i think one aimed at telling the chinese people that china

remains strong given that there is some anxiety and in china pressure coming from the us because of the trade war so i think it was very much about about painting a very positive picture of china's strength well this remark about china not being told to the business clearly devotion to yes it was aimed obviously is to say that at the domestic audience but yes it's a message for a president who's been. president trump has always been a difficult. person to deal with for the chinese as other countries of experience because people is exam predictable so this is basically laying a kind of a foundation i think saying that china will be strong in the face of pressure from the u.s. we've all gotten used to china growing wildly in the past forty years actually it's sort of gone down ever so slightly growth is not as stellar anymore but is there any end in sight well certainly the trade war is putting a lot of pressure on the economy china needs to sell its goods to the u.s.

even as it tries to move from manufacturing to innovative products it needs it still needs to sell in the u.s. and also tries to boost the domestic market but we are seeing growth is easing as you say some people are saying that it could be easy easing even further than people imagine so it's hard to say how long you could. they knew for but we're certainly not going to see a return to the stellar growth rates of previous years does china need more political transformation many people said the political transformation would follow on the economic reforms does it need more well some of us are saying at the moment that liberalization has to happen otherwise china's going to be a little bit like japan in the ninety's where basically the economy seizes up because it runs out of options about where to go and money doesn't move quickly enough for that to happen i think it's very likely that china would need to liberalize more he did mention this today in his speech that he's prepared to liberalize but to reform more but he didn't give many details about how exactly

that would happen. i think would not be very specific. these speeches are always about presenting a big strong front that all do not about details and the details tend to get hammered out in smaller planet among the party elite later on and i think that's that's very much what we saw today cliff thank you very much for this inside. china is well known for producing copycat versions of products conceived by other countries or in other countries rather but it's not the only technology that the country is able to replicate at speed in the village of dolphin autists have been producing replicas of famous works the decades but the one successful model took a hit when the financial crisis hit ten years ago that's prompted the local government the courage to embrace something new creativity. the world's

most iconic works of ours replication to an extraordinarily high standard here in the chinese village of darfur and thousands of people make a living copying masterpieces the tradition of reproducing western art work began forty years ago when a series of reforms opened up the chinese economy. since then dothan has grown from an obscure village of three hundred rice growers to an international painting hub. some of the artists even reckon they could give the original creators a run for their money here's how martin yan rates her version of starry night compared to vanguard's original or below i think i paid better than he did you know that said his is the original mine is a reproduction i paint this piece several times a year and i personally think i painted better than he did but no matter how much better you are you're still copying his work. and that is

precisely what the local government is hoping to change international demand for the replica artworks produced here has waned since the two thousand and nine financial crisis this has prompted officials to encourage artists to produce original work instead this newly opened fourteen million dollar art museum is to has some of their work. but whether the original pieces will be produced at the a staunching speed of the replicas is another matter creativity after all takes time. just six months ago tehran seemed to be one of the go to destinations for investors from europe including germany in every way it's like siemens many other companies wanted to do business there but washington's for foreign policy a sense started to strangle iran's economy and the iranians are bearing the brunt.

at first glance everything seems to be running normally in this pharmacy in tehran . but more and more often pharmacist naveed who doesn't want his real name mentioned has to tell his customers that he doesn't have their medicine anymore. we have customers who have undergone open heart surgery and those medications are vital you know when they stand in front of me and i have to tell them that they're no longer available you can see the fear in their eyes so i was sure that. the majority of iranian pharma imports come from europe the u.s. sanctions have caused one massive problem for e.u. around trade the payment system. we visit the bank melli iran in hamburg it forward sereny and company payments to respective banks of german companies but now european banks are part of the boycott according to managing

director got to leave many companies fear the u.s. sanctions. the bank. the banks don't have any valid reason for not processing those being the alpha it's a clear breach of contract it's a breach of the rules underlying payments in europe. bunk merely could sue but there are simply too many banks that no longer accept payments from iran gottlieb therefore hopes for new e.u. regulations back in tehran the block payments are also a big problem for many german medium size companies doing business in iran says dagmar fun bone shine of the iranian german chamber of commerce trade is on the brink of collapse and an e.u. solution is urgently needed. to name an iranian companies in the whole country are increasingly impatient with europe in other words we have to deliver now it's no longer enough to use symbolic politics here to counter the situation. dashed hopes

among the rainy and citizens no one believes anymore that europe will support iran in spite of u.s. sanctions wolf. we all know that europe has to subordinate itself to america in the end was. i don't believe in a solution anymore only those who have money will survive. pharmacist navaids trying to keep his store up and running somehow he hopes that business with europe will pick up again. now that's only a business more news the top off the hour if you a culture of also to stay tuned you're a mox ist optimist just off to the spoke i will markets of this thanks very much for watching you know your business called life.

after. today on your home everything is different. and here you dangerfield david schippers euro news calling the shots. to star architect years turning sixty five and he's put this edition of.

your room next. natural riches. precious resources. and a rewarding investment. of farmland has been called easy meal because green gold. the country has enough funding supply and leases it to international preferred giants government to hide export revenues from the corporations high profit margin. but not everyone benefits from the booming business. even when i saw the bulldozers clearing the land i was devastated going to get me how could they bulldoze the land without my permission and they knew it belonged to me.

expropriations. fundamental destruction starvation. the price for the government and corporate. the selling out of the country. dead donkey fear no hyena. starts december twenty ninth on d w. ferland germany's capital and probably also the uncrowned capital of construction sites but one world famous architect has been involved in some very important

project.