huge huge change people are obviously the people who are in politics or who are in government and who are in businesses and so on so that every level whatever they're doing there's area with more incitement more energy here and of course physically. the appearance of china is just gone from that primitive third world look to the most modern country in the world. the country with the most modern cities in the world having said that now thirty years ago china was track one hundred thirty seven times and she d.p.i. and today they are now in the second position so what do you think from your first outsider's perspective what are they doing right while they're doing a lot of things right obviously in the in bringing the economy the constancy of the government of course allows a more long term thinking then you could have in a western democracy so this long term strategic thinking and all trial and error

and as we see as china goes along and some things fail but most of the things that they tried out work and then they apply it on a bigger scale you know we say china is number two rich country but its g.d.p. . is five trillion dollars or more that's five thirty the u.s. g.d.p. is fifteen trillion dollars so it would be a long time before we get that gap is closed number two it is it is it will continue to be number two for a long time before it ever comes close to passing but it will continue to pass through extend the gap between china and germany and china and japan will get richer and richer versus germany and japan but it's a long way from the u.s. if i may add on the practical side when you say is it an opportunity for us. it

well take for example chairman e and the u.s. chairman is auto industry very early on went into the chinese market and they are very very well positioned one third of the term an automobile or production goes into china versus how many chrysler still you see in china how many i don't know catalogs or whatever we take so it is up to a company a country whether you see china as a straight or an opportunity and it very much depends on the person and the country . how much it supports dealing with china and trading with china ok you seem to be very positive about china coming from europe you're coming from europe you're coming from the u.s. do you think china is misrepresented in the world yes or no you know there are things in china that are not good at all and that absolutely need to be changed and

will change over time especially with the new generation coming up that has a much lower tolerance on. strict surratt authorities but what needs to be done is to also report the guts things about china the many things where china really has made enormous progress and that not only in economics but also it is on the way to change its in its political structure in its social economic system or i think good biggest problem with reporting in the western press about china is that there's money. communist china and peoples so they always say the words to press the communist government of china. well recovery is going to china china is that what it used to be but there's this mindset about what it probably is and that shapes everything about china and it gives a very good. stored in picture this is a very modern society where there's

a lot of participation in the. people obviously the point is there's a there's a social and personal freedom in china that there's never been before in the history of china and that freedom as allowed people to contribute to the whole and to create. an ever greater and more prosperous society china is one. china is probably the most the centralized country in the whole world the problem is one problem is the other very very different and they have different levels and energies have been issued and creating social mechanisms and so forth and some of those local social mechanisms. and become national policy and all those things there

were to have special economic zones or by the whole country and things are don't work or drop and that was paying its great great thing and speaking of prosperous they are indeed getting very prosperous these days and in fact the government the chinese government has been trying to cool the economy because of. overheating supposedly overheating do you think there is an overheating of the stock market and the property market and you think it's going to person possibly be another us incident well i think we're i think the whole world is a little too focused on the crisis of the cooling of the healing and. we're going to have a double dip or not it is a number of years i think this will be seen as an event rather than you pull over the ship this is an event this is a bump in the road this bump of the road is part of something that's already very much in progress and that is the very slow. decline of the well.

pretty fast rise of the use that same place those are. shifts there were a lot of change it's a real difference of thinking if you're different mindset. in the worst a. detailed thinking in china it's context you know what is the context because the context is changing all the time in the larger context and when that changes you've got to shift in the west the mindset is you got to keep track of every single detail you know and that's where you get all these long contracts and it's over and they keep her and the chinese mentality is to really stay loose and we were adept at it just to the changing larger context you know what you're trying to do china is much more it's not a universalistic view that china has and china is also much more

a group oriented society. it the individual sometimes has to drop an interest for the benefit of the many and the west this is sometimes standing in the way of progress that the individual right is stronger than the right of the many or the benefit of them you mention china is a rich country that is correct but you know lately more and more what comes up is the difference between china being a rich country and having a huge population which is not which which has not yet gained its share on richness and to give you a little example how why that is so the property rights private property is has not existed in china so when the urbanization of the country was beginning. private property and the property belonged to the community they were sold to develop. that moment the value of

a roast dramatically but tough ominous who were relocated did not gain that. did not get that again but only the low price and then you know the property rolls and rolls so what is now going on and we are now investigating and researching that in a chinese province of sichuan in chengdu is to give the farm us the people who know it all one owns the land before the property the private property rights to sales their land to a much better price to have a share of all stat creation and if you think that in china still fifty percent of the population are farm us then there is a lot of wealth that can be created to the people and that's a development that can contribute very much to the sustainability of the economic

progress of china.

just.

the whole of the. war. and it's still on the. british. market. what's really happening to the global economy. no holds barred global financial headlines kaiser reports.

soon much brighter than if you move from phones to pressure. for instance on t.v. don't comb.

the flow of russian oil to tell mine it will triple by next year that until it gets to the leaders of both countries as they met to officially open poland of the men to the pipeline. as jewish activist south of mackay the goals of a humanitarian mission l.t. talks to members of the eight that said that firstly it's tons by israeli forces that can may. come the cyber pirates of russia or it's had to go official setting up a political policies campaign so the needle i say should offer free file sharing. time now for that in schools things with that's how they are.

hello and welcome to the sports update on our t.v. thanks for joining us the sound of the headlines keeping in contention says. absolute time to consolidate third place in the premier league with the season now into its final third. top here fernando alonso produces a textbook race from pole to win the singapore grand prix and move up to second in the driver's standings. and ten million dollars american jim furyk captures the tour championship and the fed ex cup in atlanta grabbing goals biggest bonus in the process. and it's in pittsburgh may be overwhelming favorites to be crowned russian football champions this year but says certainly haven't given up the chase the imam easing to a three mile win a way to sit on sunday no waiting around for says scott in this one with less than the minutes on the clock as the ball in that with this strike.

and the man with the blue have played a big part in the number two as well loved taking the defendant out of the way should be fourteen up save. for two meals and forty eight minutes. the second half was one sided but didn't have the ball cross the time line again until the death toll mush that said the players sweeping out of their eminence for email the final score thirty eight points behind me that's a meet with exactly the season to play. now it's a cross city rivals do not have the exact opposite lock on the day going down three mail at home to spark technology. did doom got the ball rolling just after the how fall mark. and massa golden made it to kneel at the beginning of the second half and it was the same man to do that again and they're right place. and he claimed his hat trick plates on the twenty two year old probing the king of the six yard box but really we denominate fans must take the lion's share of blame for that one

free email the final score in the camp tell me all chick remain fourth and well in contention for european football next season. a surprise victory for minnows syberia in the danes final match of the rock bottom side getting back to winning ways after three straight defeats the man from the us to be placed a stalwart helm thing story thirty eighth minute had a front polish international box on the good luck to be the main loss but their fourth win over the year should at least restore some confidence and also on sunday looking mighty big terry to one mention only their second win since july. talking english football now and it hasn't been the best of days for manchester united alex ferguson's man i'm able to take full advantage of chelsea is slip up early in the week and united needing to come from behind twice to salvage a point against bolton and win would have seen the rads move to within a point of chelsea who themselves drop their first points of the season against man

city on saturday elsewhere l.a.'s where the from animal house came moved aston villa up to fifth in a two one victory over wolves while james perch is own goal and it still all the three points. now let's move to american football and a week three all of the new n.f.l. season is almost gone and the indianapolis colts now have a winning record to topping the down more broncos after a couple of cool to field goals the colts got this early in the second they'd manning finding austin calling forty five yards more however the broncos gave into iran for the way the first laying the third kyle orton fires it all failed and finds brandon lloyd for a forty eight yard touchdown in the final quarter the hosts with a chance to tie but aren't on the table to me. why on the fourth and short while back the other way the calls sealed the deal on the following dr manning once again connecting with molly twelve crosses one hundred seventy one yards twenty seven to

thirteen calls the final score in this one. and moving to jacksonville no michael vick's dogs in the game for the visiting philadelphia there and coach andy reid didn't regret his decision midway through the first big once the eagles on top with a sixty one yard touchdown pass the dish on jackson the catch and the downs and in case you forgot he's still able to do this wrong with the ball like no other can with back in the n.f.l. free passes takes this one in by himself and all feel in this one twenty eight to three the final score. some of those were the schools the dallas cowboys finally got their first victory of the season in the taxes being used and so did the minnesota vikings to be detroit at home while super bowl champions new orleans saints went down to visit in atlanta in overtime. let's move to tennis now and russia's and especially it will be a chunk of ways into the second round though they too open beating them and he gets

a book about in straight sets on the opening day they're all powell of the nineteen year old just too much woods both of the sixteen seed will now face ukrainian. and fellow russian or ukrainian peace also through even though it took her three sets to beat substitute latinos sunshine is. now a dramatic night on the formula one track with fernando alonso holding off the boston battell to clinch his fourth win all of the year in singapore it's wise former champion now just eleven points behind me the mark webber in the overall scheme of things the spaniard making the most out of these two position on the night street circuit red bulls a boston battell placed in the whole way with teammate mark webber managing to survive a collision which knocked him out of the race. seven time champion michael schumacher also playing a.k.o. field in a spin on the marina bay circuit things heating up for hiking called the lining the fans lotus the player in need of

a cool down at the end of it although it was alone so much edge to tell by just to tell so we sat on the labyrinth there are four aces remain this season. usually means a lot obviously coming from on so we know the unique layout so we want to do confirm you know normal truck even if using up or distiller how very special they are those well but with more downforce thought the crowd is performing well we did it so this we means you know a lot to keep in the fight in the championship and we know that the state forest is the world but the he seems so we can be gone by that if he knew any tracks or things to deem not ideal but the fact that a great job in the truck as we're getting hundred percent of i would put in several all the time so it is seen there in the remaining races on force of about. to go off now well phil mickelson missed another chance to overtake tiger woods as number one while jim fury grabbed the sport's biggest bonus for winning the tour championship and the fed ex cup the overnight lead the shooting and even par

seventy on the final day to be blue donald by a single shot over all while another man chasing the jackpot retief goosen finished alone in third as through the back here and here at the final hole one up against donald he almost hold his bunker shot and then knocked the for his sixteenth area title and a cool town millions on bonus for claiming the serious benteke scalp that would also programming him up to fail in the rankings. i really worked hard last week made a couple equipment changes even and. worked really hard on my game and came in. under so it's a special moment. what a special year i've never had a three one season this is the first to have the fourth fed ex cup trophy in my hands right now it's just a great icing on the cake and over in paris ricky john perry left the inaugural vivendi cup title for his maiden european tour victory the twenty three year old

englishman following up a birdie on the seventh with another one on the towns and football was enough to clinch the title on the scene with perry finishing on seventeen. and you know him as far as was the lone swede in the second place while his compadre down half way stage of the dutch jeremy soundly and was in a five way tie for third. now let's finish by heading on to the mat west sunday saw the finale of their well their ethnic gymnastics championships held here in moscow reports. it's the first time russia has hosted the biggest event in written jimmy sticks so the pressure was high as the country is the clear trend setter in the sport but you know what is being done to make this even more popular here we don't need to rethink gymnastics around the world it's easy to work with the ration a real pleasure many of coaches work and brood to increase the level to next six worldwide nevertheless we should continue the progress of the sport and have

a project for development. but pressure not the house swept all around them the proverbial nerves of steel very much in evidence with a tally of eight gold five c. and one bronze medal russia absolutely dominated the thirteenth world championships the russians have always set the board high for their challengers analyser gave him no nation came close to emulating them again you're going to have approved when she's simply the best overshadowing to field with her flow is routines the twenty year old gymnast getting three gold and a silver to have medal cabinet however the olympic champion can be fully satisfied with the result as last year can i won five gold medals and sensationally this idea in one thousand didn't reach the final of the ribbon event that ohno went to that it neither you or who long with the to conduct polish more than ready to challenge any of gaya for a slice of her own boy. competition is thus rife for

a place on the national team and that can only be good ahead of the olympic games in london in two years time russia climbed to top the podium in all but a single group final losing to reigning champions italy in one of the three deciders. we're very very pleased with their performance and their results i don't think we could even dream of getting a higher score it's extremely hard to compete with the russian team so i think we did very well. looking back over the six days of the world championships the inaugural games held in russia were an obvious success for the host it all by it's well for record holder at london two thousand and twelve complaining but out of our team. that's a spot for the moment let's have a check all the while the next stay with us. question is that so much of the taxpayers' money coming in to hide this from a real mistreatment of the r.b.a.

undocumented immigrants or even legal aliens a label to protect or punish as an end to immigration.

every month we give you the future we help you understand how to get there and want to bring the best in science and technology from across russia and around the world . join us for additional g. update on r g. thank you sir to you saying when i'm in france trying to reason with hitler germany demands for better land and gets its way they also have been treated to safety nets for them so. the whole of europe isn't in war efforts to establish a system of collective security nine hundred thirty eight. and it's still on the. lessons to be learned from the munich agreement on.

the flow of russian oil to my noble triple by next year that splits home kit for the new desert both countries as they met officially from the mentors the pipeline . was jewish activists south of the katyn gaza with a humanitarian mission l.t. talks to members of the aid particular brutally a times by israeli forces back in may. on the cyber pirates of russia it's had to go with fictional setting up a political party to campaign for the legalisation of free fall sharing. a very warm welcome to you this is live from moscow with me now russian oil will be

pumped directly into china by next year tripling supplies it will travel along the pipeline which has been open during president to meet the mad fed its three day visit to the country and talks with the chinese leader have also used the the signing of agreements to boost security in the region. is in beijing for us. chinatowns have long become a permanent fixture of many metropolises but here in china you would normally find a russian district in their place sprawling all across the country their track thousands of vendors on the hunt for knock offs this is the third year with the engine when there was a here it used to be an open market with rows of counters only recently they built everything at our expense if i may say so. but it's shamelessly low prices and high turnover areas like this one in beijing manisha transformed themselves from shanty towns into glitzy shopping quarters.