and yet another european airline folds industry leaders say they'll be more to come hand in the package holiday era is over. and then fizzle and that's to business lavish celebrations in china and a display of military might to 70 years of communist rule this is how the party is celebrating but let's look at how the chinese economy grew so quickly and what the current slowdown means for the globe with the trade war raging when the communist people's republic of china was founded in 1949 the country was dirt poor 70 percent of the population were peasants all day laborers getting by on just $57.00 a year. nationalized industry and redistributed land from the wealthy to the poor it was chaos the reforms caused widespread famine that killed millions millions more died in a wave of terror and in reeducation camps after miles death in 100 $76.00 things helping open the economy somewhat laying the foundations for the current form of

communist back capitalism chinese g.d.p. as risen from $150000000000.00 in 1978 to over 400 trillion the 2nd biggest economy in the world well let's talk to about that president china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while you've just mentioned some of the amazing benefits that it's brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think we've seen in the environment there's been a lot of problems with the environment in china and the people living in china are paying the cost through pollution it's also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that it's not based on a democratic political basis it comes from the torah tarion marx's. model so that's

created some kind of regional tensions and now as we've seen is created global tensions which of turned into this trade war between china and the united states and as the complaints about human rights tell us about this next great leap forward that's the chinese going for now and how great that will be well this is this technological leap forward in some ways the parallels are with the previous great leap forward which was a collectivize ation of agriculture which saw millions of people starved. day it's obviously very different china today so the comparisons maybe aren't entirely they don't from charlie follow but what you're seeing is things like artificial intelligence mobile telecoms all of these areas where china is leading the field and it's done through a combination of this push together that the chinese government has overseen and it's created these these new grounds of which we all now have to operate and we have to see how this this technologically forward plays but it's going to be

a big challenge for the rest of the world really to do with i think and china is now moving ahead and really encroaching on the top spot that the u.s. has as far as economies go well that's going to be very interesting want to see because we've had a lot you know whether china overtake the u.s. some people are saying it might not do because the u.s. china trade war is making it the economy slow but certainly the trajectory in china that we've seen over the past 70 years has been offered president so far show that there are definite a good place for that to happen if it can and thank you very much for coming in well china is also trying to connect itself with the world through a one trillion dollar infrastructure project the belt road a new york correspondence course spoke about it with political scientists. it was the belt and wrote to mr to will that lead to china to become the superpower in the world well that's a really interesting question right and in my book that was just released i point

out that the built in road is really a part off china's 3 step strategy to become a superpower so the 1st step was to get rich right which they did the 2nd step was to make their coastline unapproachable so today it's very risky for american aircraft carriers and conflict to get ridden a 1000 kilometers of china and so this is the 3rd step to become the most influential country in the world over the next 2 decades and to connect itself to all these other countries and i want to add that the strategy that china is following is not the one that america followed after the 2nd more wall which is to set a basis right to extend its influence china is much more business oriented countries so it's a win when it comes to countries and says you get rich really get creative and it just is a very very exciting and new idea but is it really a win win for that question to historian steve. sometimes people jokingly say that

when the chinese talk of the win win it means they win the 1st and they've been it's a game now when you're talking about their role in the shape to then you we're looking at different time frame in the short term before that almost in the chinese government give out to the c.p. countries to finance those projects do you really ease clearly when when the chinese get the contracts they employ workers to generate income send them back to china receiving countries get infrastructures being built but when dozhd loans do then there is a question of false countries not being able to pay their debt and have to deal with the issue i don't chinese government have to bite off some of that or the chinese government will take over some of those projects and i think look so much like when we chinese firms have spent the past few years on

a shopping spree in europe buying up all types of businesses saving some and ruffling feathers in failed attempts to take over others the latest case concerns a german airport in the black forest a solitary helicopter buzzes over the runway but there's not much else going on here at la reported in southwestern germany there's a boeing 747 used for test flights otherwise the skies are empty. but because the city of largo has contacts in china investors there learned about the former military airfield the mayor says it has a lot of potential. point to yet if you look around the world there aren't many people who are in a position to recognize these benefits and take action as well as provide the financing so sooner or later you're going to have to deal with china but the idea of the chinese taking over the airfield caused a stir in the city of $47000.00 after all flight operations have been kept going at least on a small scale thanks to tunnel boring company heaven it likes things the way they

are and it isn't alone in rejecting the new plan. disney's new to if you lot doesn't need it the airports doing well it is a good solution with half and commissions and other companies on boat we can keep going the way we often now and take our time to see if there are opportunities for investments in this tool and get british and australian companies already had big plans. be any better. they've been very bad experiences with chinese investors that smith had i think what i need to say is han frankfurt han airport is not a remote region of western germany quite far from frankfurt for years it was a financial burden on the 2 german states that jointly owned it in 2017 china's h. and a group took it over the result. of that we have almost doubled our growth in freight and that's something we can be satisfied with but there's not much we can do about

macroeconomic developments and. translation global trade conflicts are causing cargo levels to for. technical problems moving on slovenia's flag carrier airways has filed for bankruptcy it failed to come up with a feasible restructuring plan the company blames a lack of liquidity grounding all its plates the government is not all down setting up the new state of daylight to secure some of the routes that served. the carrier is the latest to fall victim to a rough business climate for airlines chelsea delaney is following the story for us what's going wrong with the sector. it's been a really tough couple of years for the low budget airline sector especially in europe and $28000.00 you saw over 20 airlines go bankrupt it's about that level this year already it's around 19 and clearing

a lot of big european names companies like wow air money out here and germany and x.l. airways and france of has also recently gone bankrupt so we're seeing a lot and some of those are you know. factors that these companies can control things like oil prices labor shortages currency fluctuations but at the same time a lot of these companies have sort of come into the market thinking that they could under-price their way into growth that they could just cut prices to the baseline and they would be able to grow really fast but all of these companies were doing that and what it's really shown is that it's really you know a market for bigger companies like ryan air or easyjet and those are really the companies that are able to survive in a market like this we'll tell you about ryanair chelsea let's just have a listen to how its c.e.o. sees the future of the industry i found this quite interesting i think it is inevitable that in the next 5 or 6 years europe could somebody to root for large carriers each would go 20 percent market share i.e.

gee look who's their friends killem and right here and everybody else either disappears merges gets taken over partners we would rule the rules before until see it's not just a whole lot of a lines that could be facing turbulence o'leary says the package holiday market is dood. i think that's you have a little bit of a grim assessment but there's definitely truth to the fact that it's you know a very difficult market for these traditional package travel companies we saw thomas cook go under just about a week ago one of the oldest travel companies in the world and they're dealing not only with the same things that are pressuring budget airlines but they're also sort of feeling the effects of this huge online growth and. operators like google google flights and travelocity things like that so it definitely is a changing market and there's not a huge place for for

a company like thomas cook there or travel operators in general so if you do any thank you very much a much anticipated hike in national sales tax is taking effect in japan it's risen from 8 to 10 percent i mean it's the sins of a hobby it's called the 1st big step as the country battles a weakening economy and that's an expected to bring short term pain for long term gain of lost in sales tax increases both brought on recession the government is forcing himself in the impact with tax breaks or car and butchers it's. like doing business with you.

the the a. pick

up play clubs gave away their home advantage x. and being trained to listen to the boss weekend away to the balcony might see off the top of the batch of eliminations observed good. are we alone it's a fundamental question of humanity trying to figure out whether or not. life existed on mars pretty clear water was there and quite abundance while that would be interesting so on mars the atmosphere is

a 100th of what we have here on earth it's very very cold and at the past it's like antarctica you could imagine bringing some supplies and you know if you do them to build a little self-contained pressure vehicle or vessel which would be on the surface there are things like oxygen that you can harvest from the atmosphere to help make living possible. if you want to think of humanity if we really want to survive forever we're going to have throughout the earth eventual a and i know that seems a little crazy but you've got to start somewhere. where. your family you scattered across the globe. with the delusion to. returning back to the roots you should get a minimum monthly. charge family from somalia live around the world. one of them

needed urgent assistance. really starts october and d.-w. . this is t.v. news live from berlin. islands ask a lady in hong kong as tens of thousands of protesters defying a ban on demonstrations on china's national day and police shoot a demonstrator at close range. the unrest comes as china puts on a massive show of military might to mark 70 years of communist rule president xi jinping says no power on earth can halt the advance of the chinese nation.