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tv   [untitled]    September 27, 2010 2:30pm-3:00pm EDT

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mr nesbitt now you first visited china about forty years ago and obviously a lot has changed now what is the post dramatic or surprising change that you've seen well in nineteen sixty seven when i first read there was very primitive really very poor. pretty discouraging place the big change is the people now that people are so energetic. and so excited about china and what's happening what's happening their own lives and that is a huge change but people are obviously the people who are in politics or who are in government and who are in businesses and so on so every level whatever they're doing there's the you know with more excitement more energy 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
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cities in the world having said that now thirty years ago china was right one hundred thirty seventh in terms of g.d.p. 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 now 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 allow trial and error and as we see us 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. for more of those five the u.s. g.d.p.
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is fifteen trillion dollars so it would be a long time before we get that gap is closing number two is it is you know can he remembered who 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 if you're rich or if you're versus your. 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 or is frett well take for example chairman e. and the u.s. germany's auto industry very early on went into the chinese market and they are very very well positioned one third of the trauma an automobile or production goes into china versus how many chrysler still you see in china how many i don't
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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 you seem to be very positive about china coming from europe you're coming from 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 good things about china the many things where china really has made enormous progress and they're not all. in economics but
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also it is on the way to change its in its political structure in its social economic system i think i think the biggest problem with the reporting in the western press about china is that there is this mindset about communist china and peoples they always say in the western press the communist government of china . well the communist government of china and china is 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 distorted 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 has allowed the people to
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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 of initiative and creating social mechanisms and so forth and some of those local social mechanisms. the bubble up and become national policy and all those things that were in the special economic zones or by the whole country and things that all work or drop and that was saying it's 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 but because of. overheating . overheating do you think there is an overheating of the stock market and the
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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 in a number of years i think this will be seen as an event rather than you the overall share 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 west and pretty fast rise to use that same place those are who share the log chain it's a real difference of thinking for a different mindset. in the west a. detailed thinking in china and its context thinking you know what is the
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context because the context and changing all the time in the larger context when that changes you've got a shift in the western mindset is you've got to keep track of every single detail you know and that's where you get all these long contracts and so work and they keep. the chinese mentality is to really stay loose and who are adept and adjust 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 rest 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 your mansion china is a rich guy. tree that is correct but you know lately more and more what comes
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up is the difference between china being a rich country and having a huge population which is not rich 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 at that moment the value rose dramatically but to farm us who were relocated did not gain that. did not get that gain 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
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who not all owned the land before the property a private property a right to sell their land to a much better price to have a share off that creation and if you think that in china still fifty percent of the population are farm us then there is a lot of wells that can be created to the people and that's a development that can contribute their e much to the sustainability of the economic progress of china. for the feel we've got. the biggest issues good voice face to face with. the news
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makers. just.
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wealthy british. market. find out what's really happening to the global economy. there are no holds barred global financial headlines kaiser report.
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much brighter than a few pounds from phones to christians. who threw stones on t.v. . news today violence is once again flared up. and these are the images go world has been seeing from the streets of canada. china operations are all today.
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the flow of oil to some of the a triple by next year that's the good for the visit by the countries as they met to officially a halt on the menses pipeline. as a jew some two bit sales people can do that with a humanitarian mission see tools to members of the aid to live through to me at times by israeli forces. on the sleeve of the current attempts to go officials to some of the school to campaign the new device a shelf for the song. even if you're late and fourth going to see now eleven million dollars for a weekend's what went deaf in the wrong way it's about doesn't it four days of golf so it's not just under three million dollars for jim furyk in the fed ex cup it's
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nice if you can get it. great to have your company this is what's today i'm getting these are some of the stories we're covering this hour more of the same please that's the message spartak moscow monitor valerie carpenter will be drumming into his own be inside the head of their second european cup clash this time against slovakia minnows chile. and eleven million dollar per american jim furyk captures the tour championship clinching goals the biggest bonus that fed ex cup in the process. and on home ice we catch up with surrogate fever of the russian population aims to live up to expectations in a second. but let's get going with an update from the russian premier li where two wins from their previous three games still hasn't
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been enough for itself to climb out of the relegation zone this summer a side easing to a three no winner on g. and monday's sole fixture. seeming to understand the predicament they find themselves in blasting home three first half goals to victory something off the fact that effort opening their account within minutes on the clock even off then made it two on twenty eight minutes with another scrappy. verted penalty from yes give me seven right before the break the tie down and dusted three nil the final score the same or a side of me and second from bottom those automatic relegation spots you boys own g. also sitting a little too close for comfort to the drop zone and it doesn't get any easier for them games with spartak moscow moscow leaders in each right around the corner. so after week twenty two of the thirty it's
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a need to remain very much the team. points ahead of champions but crucially hold a full two games. third. just postponed because of the summer fire. between. for the two year. wild on the other end there on your screen at. the danger zone the bill. will be seeking to make it two wins out of two in the champions league when they take on. the stadium on tuesday. a look ahead. spot i find themselves in a great position going into my state to a fantastic one no way no way in must say has given value to carp inside a good chance even of this early stage of trying to make the knockout stages of the first time since ninety nine to six the last guy it's opponents from survive here
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maybe the group outsiders as past like say coach says his team certainly won't be underestimating member. of that there are absolutely no problems with being motivated for this match as it's impossible not to be going into a champions league encounter it doesn't matter who the opponent is be it chelsea marsay or. we may be a bit tired going into the match as we will have played two games in just three days. it's been a long time since parts like last one champions league match at home in fact the red and white have failed to win in this competition of illusion of the stadium in over a decade cup inside will certainly be looking to put that right on tuesday and he says he certainly won't be worrying about any statistics. going into the game with say everyone was saying that russian clubs weren't able to win in france but we managed to win over there a couple of weeks ago but we're not going to take any notice of any statistics and
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is hoping that we'll get a result we need on tuesday to. spot arca been in good form recently in the russian premier league but in five of the last seven the brazilian striker vella turn scoring nine times during this period their opponent juliana have injured some patchy form over the last month including a four one defeat to chelsea in their group opener because of and says he won't be taking them lightly webpage of leftish i know for a fact that our opponents don't have a player in the class of someone like leo messi but they have a good striker called c.c. who for someone who so too is very good with the ball at his feet you have a feeling he could cause us one or two problems. spartak will have a great chance to make it two wins out of two on tuesday when they take on the group winners and if they can get their first home champions league win in over a decade they'll be in a strong position going into their double header with the group favorites chelsea which bump off lead r.t. moscow. what
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a nice feeling it must be to wake up the next morning eleven million dollars richer after spending the weekend playing on a perfectly manicured golf course well that's what happened the gym few rick the american winning the won the million dollar tour championship and with it the ten million dollar fed ex cup race was the overnight leader of his even par seventy on the final day was enough to see off by a single shot while another man chasing the retief goosen finished a little and third a stroke further behind pyrrhic here on the final hole one up against donald no problems for the former u.s. open champion career title number sixteen in the back. 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. for the fed ex cup trophy in my hands right now it's just a great icing on the cake all right that brings us on to tennis where it can take
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chroma turn back the clock on the reassure up of a stunning the russian in the first round of the tour a pond pacific open earlier. a former champions in the opener in two thousand and five when a shop of a was just eight years. old from one her title back in the five twelve. dropping the first set seven five before balancing back to take the second six three over local favor crum regained her composure that japanese veteran eventually five three six six three so agree to first comes forth the birthday and choose the on a new early run into. joining her compatriots on the flight home after going down to on the evanovich in the first run the serb easily prevailing six three six two avenging losses to the russian at the two thousand and nine trillion open on the twenty two. and french open. three great players in one
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bats what i saw the experts used to call surrogate theatre of germany his n.h.l. career in two thousand and nine there three times stanley cup winner returned to his homeland russia to join kitch else side metallic magnitogorsk robert for dani and met up with their live trophy laden star. the twenty eighth of july two thousand and nine the kontinental hockey league strike killed three term in the chills when the recently gave to the returns to russia to join a chill side middle can give a good risk. scored by a russian born player in the n.h.l. unique skating skills combined with outstanding defensive ability all these cool beats have made exploit the point through its three great players in one so would good one of the most outstanding russian ice will keep players ever do the food of the urals to money that bores can particular. my brother played
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a few years back my father was in good contact with the former management former director of the team and former manager of the team and my brother played pretty well for this club few years back especially in play offs so in connection with war there and interest always were. very big compared to other clubs and annoying but worse pretty solid hockey club but i don't write for players were you. i mean really good luck runs in the services and also. financially very stable and also it was a dream of mine and my family also to play together with my brother one of russia's biggest steel works that's what this city will be the course is best known for it could be seen like a pretty boring environment for not hokey superstore but there gave the order of
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it's always proved it yeah it's looking into the future both on and off the ice but i think. any city like this like industrial cities will present something really really. quality let's say we have couple legs here we have a couple environments here where you can go. i don't know and do sightseeing or you can go you can go and. walk and we've been to the factory factories incredible the biggest factor and probably i would say in europe really and. really. do a lot of business and a lot of steel so technology there it's been really really good so i was an interesting trip too but as far as a city and simple city but everything we need to have here and it's very
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comfortable when it comes to cumin so big a chills maajid two feet they could go in curb must be good top priority no four year old father of who's won just about everything there is to win the ice well professionals here and. any predictions you need to back them up and well certain precious already apply to. the team our new coach for a new manager and so i'm not going to be. predicting anything but i like to. say you know next that like a month or two we're really well now or we really will feel how far we can go a stunning twenty seven overtime gill's one more n.h.l. record store the wait in the foot of household where he's ultimate kid chill where time award that's still had for but really marty. and that is your sports now i'll
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see you soon there were weather's coming up just around the corner. culture is there so much tax payers money i mean when i see a real. hard day undocumented immigrants or even legal aliens a label to protect or punish as an end to immigration.
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england and france tried to reason with hitler germany demands to go to london gets its way they also have been treated to safety nets for themselves. the whole of europe isn't in war efforts to establish a system of collective security nine hundred thirty trail and it's too long. the lesson needs to be learned from the munich agreement on r t.
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the flow of russian oil to some unknowable triple by next year constitutes hola kids the beasts of both countries as they met to affectionately in the mentalist me plumbing. us jewish up to this page of the military michele montas he talks to bendis at the age to say that to me at scott's by israeli forces is nothing. on the some level pirates of brownshirts had to get official sets an optimism salty's campaign legalize a shelf free fall sorry. i won't welcome see this is a lie from moscow with me on this habit russian oil will be pumped directly into
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china by next year trickling supplies it will travel along a pipeline which has been a president to make the river bed its three day visits to the country on talks with the chinese need to have also using 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 a hunt for knock offs since you were there 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 also helping china to surprise germany.

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