complex make it very easy to put people in prison they have more of a chinese style state capitalism now with the politburo of the federal open market committee it's no longer a free market capitalism so laying the groundwork for chinese you know setting the table so that the china can come in and buy a company and hit the ground running so to speak without too much problem so it's out assumes like america is doing its best to accommodate their new overlords the chinese now many common commentators in america of course dismissed china as the low wage low value manufacturer of global predominance these what are your thoughts because there's a lot of. chinese sewers it was a recent articles last few weeks in forbes by gordon john who's a big. chinese here wrote a book called the coming collapse of china the only problem was he wrote a book in one nine hundred ninety eight so we look at the structure of the chinese economy what is china exports united states what does the united states export to

china look at the real numbers the major exports from united states to china last year was corn so we beings scrap steel and scrap plastic. looks more like a eighteenth century economy what we see in united states the other hand what you see is china exporting their number one export united states is now electronic equipment. manufacturer manufactured look tronics so china story twenty years ago on the low wage low value added in oh did serry new order go up in many american companies are going to get global competitors coming out of china in future yeah you mentioned scrap metal scrap paper yeah if you look at the list of exports from the top twenty states that export to china from the united states number two or number three on the list is always garbage america's excellent

export its garbage to china like scrap paper for example which of course china recycles into cardboard cardboard boxes and resells back to united states and has made many many billions of dollars for people over there who are not afraid of doing a day's work of course in america that's not in the cards anymore it's more about getting that electronic payment down there at the wal-mart to pick up some baby formula now stephen roach and jim rogers are almost alone amongst western commentators in praising the medium to long term for chinese economy and claiming that any short term housing market or economic slowdown will be a soft landing so those guys are in the pro china camp. you're there in shanghai. so it's not it we there whether it's a soft landing or a hard landing you're saying whatever the landing is doesn't make much difference to one clear trend is that they're going to take their cash pile of money and start buying into countries like the u.s. correct yes a little you think when we talk about the chinese economy

a lot of the n.t. china stuff that relates to housing you know the americans have for twenty years lived in a printed money transfer agreement military industrial complex economy. they just went through a housing bubble so they believe everybody should have a housing bubble what they don't realize here is half of the homes in china have been paid with cash the other half have at least thirty percent downpayment so there is no credit bubble so to speak in housing. china has experienced some what you could slow down if you could call it a slowdown you know eight or nine percent g.d.p. growth but really what the people forget is that this is an engineered slowdown chatto wanted to slow down the economy growing at twelve percent a year it was too fast with the high inflation environment with with all these central banks continually printing money last year a corporate loan now in china is nine percent. there's direct korean laws to stop

people from purchasing homes so you can only literally purchase one home right now you can't purchase another one if you already own one so i don't see a troubled economy in county where you people are buying cars and homes for cash and where you have to try to slow down the growth i see the big trouble in united states where last year we went into a five trillion dollar debt gap adjusted debt which is on balance sheet and off balance sheet liabilities to create one percent g.d.p. growth that's more what i'm worried about let's move on to log all for a second because forbes that mouth piece of the entranced kleptocracy is recently talking about why china is buying all because it's capital flight and it's not certificate anyway but it seems we hear a lot of people talking about strategically china want to buy gold insulate itself against a collapsing dollar your thoughts yeah buying gold you know forbes i miss lee

working their own agenda here why not gold in china in capital flight are is actually there's actually no correlation there last week beijing daily report it there was over one hundred million dollars in. gold sales in beijing alone they go upstairs stores headlines out the door and gold is really become a big chinese new year's gift here in china sales in the first week after new years were up fifty percent from last year this gold is not. been going over seas with people leaving planes it's getting put into family has to be handed down generation after generation the capital flight issues entirely separate issue if you look at the very you know a lot of the wealthy people in china there is a lot of the corruption here no doubt there's a lot of ill gotten gains and a lot of capital flight is due to some people in china diversifying their assets if

they're ever. caught or where if you know somebody discovers what what how they've made their money they need to get away plan and there are some people that have prepared that that's where most of the capital flight issues are coming from her i have got a couple of minutes left i want to cover some topics here you recently compare the chinese and u.s. economies but you didn't give is the manipulated g.d.p. numbers but on raw data simply wanted to find and collins yeah find g.d.p. is a you know really have some problems with it it's almost an obsession with a with the american academics. but in reality does anybody really look out the window as they fly over the cities in the united states look at detroit cleveland buffalo and now the empty suburbs near vegas where is the economic growth you know i just don't see it i take a look at the numbers you know the u.s. of the fifteen trillion dollar g.d.p. and china has a seven trillion dollar g.d.p.

which means united states roughly you know more than twice as large as china but china makes ten times the amount of steel three times as many vehicles they purchase they consume twice as much beer they export three times as much as many high tech exports as the united states does. three times as much cotton five times as much coal other lists go on and on the so the cell phone markets three times as large so i'm just wondering how you know if we get duct print. money in government transfer payments what would the g.d.p. of the united states really be you know i think that's really a bubble that nobody sees is that the american g.d.p. is a complete fabrication and i'd also highlight the manufacturing numbers you know many people including academics high level policymakers the next states will tell you well we don't need to worry united states is still the largest manufacturing economy you know the federal reserve has admitted they don't break up the value add

in those numbers so you know you know this is nine million people working in manufacturing i can drive within an hour of where i'm sitting right now if i nine million people working in manufacturing there is no way the united states has a larger manufacturing economy than china yet we still live by these allusions on our numbers but no nobody pretends that america as a manufacturing economy or g.d.p. tied to manufacturing is tied not to making stuff but the blowing stuff up the military industrial complex is a he's part of the g.d.p. and debt which fills the military industrial complex is a huge part of the g.d.p. everything shock and awe was a huge g.d.p. booster in america right now we only got a minute left intellectual property you know china makes all the stuff but you know apple computer gets all the ip glory when it's time to going to do their own ip yeah this is the thing china struggles with they know they're there. we'll have to

see if they really can turn around i think you know japan got a rep ten fifteen years ago for not having any innovation i think that was largely overblown japanese companies learn to create their own ip korean companies learn to create their own ip i think china is on its way i mean at first when you're developing an economy you're focused on import substitution and being able to make your own products just based off what's already out there i think now you see a lot of vehicle market you see the major car makers the general motors and for. or are doing a lot of their r. and d. electrical vehicle manufacturing are going to be done in china or other tailor making the cars for china that will then go all over the world so i think chinese companies are behind the ip they know there and we'll have to see that develop over you know that's really a soft skill and i think we'll continue to see that bill over the next decade yeah they're going to be forever behind the curve unless they relax censorship because

you've got to be able to say some crazy stuff to come up with some crazy ideas that get patented that drive ip that's all the time we have daniel collins thanks so much for being on the kaiser report thanks very much max and that's going to do it for this edition of the kaiser report with me max kaiser and stacey herbert i'm with my guest daniel collins over there in shanghai is going to send an email please do so at kaiser report r t t v dot ru until next time x. guys are saying bye off. running.

with just a month left untold russia's presidential vote tens of thousands are demonstrating free elections and political trains on the streets of the capital. there is of course called the book. called revolution this is something people. live in peace. the un is expected to vote on a draft resolution on syria but russia warns of a scandal if the text is put on the table in its current form kremlin says it

leaves too many loopholes for military intervention. glass the protests against the police and military government escalate across egypt several people killed and hundreds injured. while news of the very latest developments this is r.t. . in exactly a month from now russians will head to the polls to vote for their next president but this saturday in moscow tens of thousands are demonstrating to demand their elections while others are rallying in support of the current leadership and cross live now to well to gatherings taking place in the russian capital we hope to join our correspondents there very soon that will come back to that very same. well in

the meantime the u.n. security council is to meet later on saturday with a vote expected on a draft resolution on syria but moscow is warning it will use its veto power if the text is brought to the table in its current form. the craft has been softened russia's request dropping demands for regime change in pressure sanctions but it's due it contains elements that crimean considers polls but i'm acceptable for an intervention comes amid reports from syria of a new crackdown in the city of homes with hundreds of aging dead and that's because claims the killings were carried out like terrorists seeking to influence the u.n. vote report noire has more now from new york. russia china and many other countries have vocalized the fact that the security council should not be used as a tool to impose regime change in any country around the world in this case in particular to syria it should be the security council should be new moving towards

coming to our peaceful solution where both parties see in part in a conflict should come together at the table russia has its mean concerns in the aftermath of what took place in libya it is not going to see repeated circumstances in syria in the meantime there have been reports from opposition groups in syria that roughly two hundred people have been killed in renewed violence in the city of homs according to the syrian observatory for human rights the army is shelling the city now fresh ashes in other cities throughout syria how also been reported clearly this violent conflict is garnering attention from all parts of the world as the international community continues to find a way to reach some type of consensus on how to garner and lead to a peaceful solution in syria. well the top story now tens of thousands are rallying for fair elections ahead of russia's presidential vote next

month but others are going to show their support for the current leadership these are live pictures from the heart of the russian capital people have gathered there with banners and flags to express their views to the one hundred thousand people have down to most exactly a month now before russians head to the polls to vote for their next president. and in fact we can go to both of our correspondents on this we have current. care in the square now so it's extremely cold there obviously presumably that's had some kind of an effect on the crowd numbers but it still looks like many people have turned out. well kerry you know what it is really cold out here reports all of twenty three thousand people coming out on bolotnaya square this is the third sanctioned march that has happened protests the first march that has happened to

call for a fair and free elections after the december parliamentary elections of last year now as you can see behind me a lot of people have gathered and it's pretty fairly fair to say that it's quite calm you can see a lot of people here at this march across the city center calm and dating in the actual rally at call at my square where i am right now and that is where the first elections took place back in december of course these temperatures not really allowing too many people to come out and protest so we'll have to wait and see how many will actually continue to show up in the next few hours and of course again this temperature really cutting down the agenda to just about an hour or so. ok let's take a graze who's at the victory park what's happening where you are then taken. to court have sas for our last of the. night they just make s'mores down so

knowing douse the fire so now they're pretty cool that didn't take me a lot of revolution a demo to live in a game i found like there are such because they can't see all ridged there but that's a reference to be hard for a minute to place and if you cry it's two thousand and five which i do a presidential rerun something they don't want to see his daughters in attendance hate day as many have experience in russia of the hardships of revolution of the turbulent ninety's as a result but it's not something they want to hear it may say something quite a large gathering nasty said the crowd itself hasn't been very vocal who says that a mainstay of the noise coming from the podium i. mean some of those in attendance here why they come out in this shows the government.

came here to support russia to support only still actions i wanted to have a bright future and i want to is to choose that future or sounds. like i don't know who exactly gather to vote in a square but i think it's perfectly fine that they did it it's democracy and they are the opposition. now must go very soon i'm come here and i won't visually there was a nearly. bald guys in my mind never right should have all of us of those in a tennis team say showing some more i'm right i mean i'm not i'm a very limited name young leader knowing his some law among the law he has been waning mother but car buyers just never the four do or actions but not again. so you see this is. poses. about.

the results that are so. many of the conversation according to what we're seeing right now if you think this. minute new hires someone. yes a lot of noise there where you are there right back to you carol and what about the opposition who all of the most prominent figures and all they did at the rallies was you know. as you can see behind me a lot of flags here you have the nationalists you have the outlook up party also expected to show and i actually expected to speak is a goody goody of who was once the a yeah look at a leader opposition party he has since. changed at the moment is no longer allowed to run for the presidential candidacy because of the fact that a stat twenty six percent of his signature is of the chill million meted were allegedly a prada or

a falsified so he is expected to come out and speak today also expected to show his face his mea culpa and independent candidate who is also trying to run for presidency in march. and karen is the government ready to meet the demands people are making there what's been the kremlin reaction to all of this. well in terms of response by the government are there actually have been some moves prime minister did up promise to install web cameras those are a very very expensive equipment that has actually been installed in polling booths and stations where people can log on and actually view what's going on it means a poll groups out of the fact he has also promised just wash his media time he has been widely criticized as being viewed in the media too much so he will still continue to write his articles the third one was set to come out on

monday but for the moment he will not be purchased abrading in any of those televised debates not to mention you also have the creation of independent legal lecturers who will be monitoring the march fourth presidential elections so as to not have the same outcome again. thank you our team is character groups covering the rallies for us in russia live here at r.t. thank you. closely following the pre-election developments in russia online the very latest updates head toward twitter feed and i think shoes for the. dot com also get the background on the presidential candidates and the diocese of the moscow rallies here's what else you can find right now on our website. you know horace hacktivist group anonymous has found that the f.b.i.

thinks about. your reporting online listening to what was said at our website. also just a click away america's first lady gives everyone from two less than a bit during an appearance on the top and watch the video at all to you don't come . here with r.t. well still ahead for you this hour the debate over copyright flares up again an anti piracy treaty designed to protect intellectual property as europeans in revolt why they say it violates their basic rights. plus the news of the traction why robots with human like qualities are unlocking the hearts of men looking for love that's all they turn the program. now in egypt police used

tear gas and fired shots at protests people trying to storm the interior ministry building for two days seven people have been confirmed dead as violence grips cairo and several other cities the rest was sparked when more than seventy four ball fans dives to an after match question three days ago the testers accuse the police to prevent the tragedy thousands of demonstrators in cairo also calling on the real village to council to rule. the middle east analyst clarence says egyptians are furious that one of us to present that generals are still in place. and the main recipient of criticism now in egypt is the military council because it it really have all the powers and they are demanding the door will be transferred quickly either to a government or to an elected president and the military council is still very hesitant and i link this to something that happened

a couple weeks ago when the military council ordered security forces to go and shut down democracy agencies both education n.g.o.s and international n.g.o.s u.s. based n.g.o.s all of that indicates that the military council is very has been in transferring power to democracy forces they want to cut the deal with a force which most likely will be in the muslim brotherhood there is something very odd about the fact that egypt brought down in a precarious leader and yet some of its agencies are acting as if you are again regime is going to rock what is happening right now is that large segments of civil society specifically the youth of egypt who began their of all and that revolt was taken away by other political parties including the muslim brotherhood and the some of his old youth are angry at the government because they want the military council to transfer power to them or actually to their representatives and they fear that egypt is moving towards another of their again regime. well we'd like to know what

you think about their disappearance in egypt they were asking why the country is still in turmoil following last year's resolution log on to our website r.t. dot com to take part in our. far round most part of you believe it's because the allies of ousted leader hosni mubarak are still in power must say it's in the interest of radicals to maintain something percent are saying that the main reason behind instability is continuing unemployment and social problems in the minority suggest that the revolution creates its own down to r.t. dot com to cast your vote. of syria has also been brought up in germany as russian and nato officials put their minds together in munich their annual security conference is in full swing in moscow and the u.s. led alliance looking for common ground on dividing issues and deeper cooperation on common interests want to get the details now from hugo who's that for us he made

a name for itself there is a stage where countries in alliances push their security agendas so what are we seeing come out of the conference this year. well this is quite a major conference just to remind you this is the conference during which russia and the united states exchanged the ratification documents on the new strategic arms reduction treaty exactly a year ago a milestone historical event which happened right here in munich there's a lot of discussion going on again just on saturday we heard of the statements made by the secretary general of nato the u.s. defense secretary and russia's foreign minister as well wolf talked about the need to change the approach of in the situation which is currently developing with international relations he says that it's gone. through

radical change at the moment with asia gaining more influence and rising china of course and traditional leaders and most powerful players in the west beginning to lose their influence and sense that the world is currently in a unique chance to build a new whole new structure of security which will be based on the foreign minister calls them regional segments for example like of ghana stand in the countries around that the middle east the caucasus and so on and all of the segments will be blinded by international. rules and. international law specifically you when the un charter now also the foreign minister has called for more cooperation between regional organizations for example like nato and the c.i.s. based. organization for security and cooperation

and so on so a lot of issues are on the table here and of course the relations with nato and russia. as well also focused on the situation in russia itself the transformation that is going through the modernization process of the economy in the industry and the political sphere as well and stressed once again that this is russia's interior matter. this is not a target for any foreign influence and also the foreign minister mentioned syria once again as well saying that russia stands against any foreign military intervention into the country sees the crisis there as its internal matter which has to be resolved by the syrian people but yes you mentioned relations there between russia and nato and of course they've been trying to leave that cold war differences in the past but how is that coming along and what's the current state.