think the pay master has eased germany's chancellor is in china seeking investment while trying to convince prejean that the euro is still stable enough to invest and . iran says it will team up with other nations to help stop the bloodshed in syria may day of the summit of the nonaligned movement opens in tehran despite u.s. criticism. and the rebel opposition in syria will be wiped out sooner or later since president asad in a t.v. interview but the insurgency into the weaker as they continue to fight the army. which in our view live from moscow the german chancellor is the latest you hear to

beat a path to china with a huge delegation of business leaders alongside beijing offers as good a chance as any for the struggling european economy to attract the investment it needs to avoid financial catastrophe and angle more go has become a frequent guest in china aiming to nurture a friendship with economic superpower are all over now reports. no stranger to china this is her sixth trip to the country since she came to power in two thousand and five and there's going to be something big business to be talked about during this current trip it's not just politicians that are there on this visit a group of around twenty in the delegation including people like siemens and volkswagen who are all there to show that the eurozone still is a stable market to invest in but china has its own vested interest in seeing the eurozone stick together europe is china's biggest export market so they will be

support there from beijing to keeping the monetary union together both just expect some kind words they shouldn't be any talk of cash coming forward from china to help the ailing eurozone now there is talk of a special relationship between germany and china not unsettle some people in brussels who feel a little left out when you look at the figures you can see why some nations would be feeling like they're not getting a slice of the pie trade between the two countries is set to rise to around two hundred and eighty billion dollars by the year twenty fifteen well the reason that the to make such good economic bedfellows at the moment is that germany produces the machinery needed for china's manufacturing industry germany also sees china as a growing market full day or exports since the orders have started drying up from within europe due to the people simply not having the cash to buy german goods within the european union and within the euro zone monetary union it's not all

going to be happy families that when angela merkel meet with the chinese leadership there have been some claims from german companies that there has been political interference while they're working with in china also some of the companies claiming that has been intellectual property violations from their chinese partners so will be the eurozone crisis on increasing economic ties that will top the bill when it comes to anglo merkel talking to the chinese leadership what will be underlining the meeting is the cruel fact that germany needs china far more right now than china needs germany. all right well for more on the subject of marco's visit to china we can now talk to professor simon chan from of hong kong city university thanks very much for being with us here in the program sorry now where joe has and number of goals in china of course among them attracting investment and convincing beijing that the debt crisis in the eurozone is under control so what are you saying needs who more in this relationship. basically to both sides.

the germans wish to companies to shine is to support the eurozone to buy some of the bones of the. european countries they speak as in those of germany but chinese also need germans because right now they wish to have to german concerns to keep silence on the trying to do it but it is feels so good not the united we do not it's days to keep pressuring the chinese so they basically the. what or how much does the resolution of the eurozone debt crisis depend on increased financial support from china rather than political developments in europe itself is unlikely for each one has to come its anything substantial true but the political gesture is would be sufficient at this stage because if the chinese wish to see a euro zone in the future it would be sufficient to boost somebody confidence if

you choose to support their own bones in their own plans in the foreseeable future the chinese wish to see the continuous development of the euro so as to challenge to us dollars in the long run so they have the same strategic but just look. also you know another a possibility to solve the european the cries. of china could buy european data from countries like greece for example now do you think china will be convinced to take the risk now taking into account that they suffered losses before. since the arguments of germany's. independence one of k.'s because they also know the chinese have lots of money to buy in the breeze and then they are trying to convince the chinese sociable and like from it to me spain would be very profitable so they're trying to convince them to buy these loans both on the record. ok well

china's premier wen jiabao expressed his concern recently over the worsening eurozone crisis and said countries like italy spain and greece must reform their economy so does that mean china will not collaborate with the e.u. and this. is since the chinese would know that it was somewhat i just choose to buy some of the and to sign some of the deals of german companies. because they need the euro to computers with the dollars in the long road so on one hand they wish to seize on rubble and within the euro zone but they don't wish to see the. bottom line of the chinese and also deprive objective of china's foreign policy right now is to maintain stability and harmony because there is a leadership transition in china as well so they don't wish to create any kind of tension or. well you know with spain doing everything now that senate power to avoid asking for a money and portugal of course under the microscope of foreign financial inspector

us what do you think is next for the battered eurozone. it's very hard to tell. countries like the potential to go into a shrug. of the chinese. they seem to see germany as the only need of you so which means whatever the show means. a lot because a lot of shown is that the true version does see the declining influence of fran's and brutal and positive because of the for economic reforms is so in this from chinese to germany is needed and should be closure to. ok and the professor from hong kong a city university thanks very much indeed. well spain is reportedly considering whether to ask for and the other a bailout catalonia known for its proud and independent attitude is now seeking

over five billion euros of rescue cash from madrid spain the prime minister admitted the fact that such a wealthy region cannot meet its debt financing obligations as a big problem catalonia accounts for almost a fifth of the country's a canonic out port arthur morocco believes the whole situation could have been avoided it. the way in which the space tax system works it goes this way. it is the central government that's collects all the taxes actually ninety five percent of them and then treaties to get them among the different regions. following these integrate to the as they call it the reach of regions gets less money the poor regions get more money so that's a load which actually gets back very a small amount of the money it keeps to the central estate and that is why they have these huge steps so what they say is that there is not really there that is

the depth of this money to states over there that this financial state has decided them to have so what they want as they put it not alone not not money from all the other people's pockets but they won just more money from their own pockets spain east. is now performing a very hard agenda of a steady two cats and that is actually biting all sectors of its funny economy and the problem is that it's not working it's not bringing down the deficit which is the main targets and then as i say he's damaging all the aspects of spain's economy and coming up a bit later in the program how a dream for a better life can make matters worse. syria you die quickly but here we are dying a slow be very poor and on the face of tens of thousands of refugees fleeing from violence in syria meeting despair on arrival and their new homes. and looking for traces of experiments in islamic russia the recent assassinations

of two prominent muslim clerics battle investigators trying to identify the roots of hatred. iran has proposed the creation of a group of three nations to implement a cease fire in syria followed by three months of talks the idea comes as the country hosts the main sessions of the summit of the not a lie. movement a bloc of states generally opposed to the u.s. the gathering began last sunday with one hundred twenty nations participating about two thirds of the u.s. members egypt's new leader mohamed morsi came to iran after more than three decades of no diplomatic ties transferring the summit's rotating leadership the un chief moves out the meeting despite u.s. objections says to iran can be much help in resolving the syrian crisis at the same time a special group of inspectors has been created by the united nations to monitor iran's nuclear facilities right as the rise of a poor things to iran is being courteous. the i.a.e.a.

has a twenty four hour around the clock monitoring system off the facilities mr ban ki-moon can watch it from his office at the united nations so i think that is just a great courteous gesture on behalf of iran to invite him to the facility mr brime ki-moon does recognize the fact and he has said so this iran is a key player in the region and nothing much really can be solved q flowers hurons participation i'm sure that the united states and israel would like. to come down hard on iran but he's also aware of the fact there's two thirds of the countries that belong to the united nations are member countries of the nine aligned movement the united states state department likes to say many things and i think that's precisely because they do tend to be very aggressive in their foreign policy towards certain countries in particular although i think they have the whole goal in mind they would love to be a global vision monic power. the nonaligned movement now is one hundred percent

coming together to resist this kind of aggression to resist this kind of double standards and hypocrisy and i think that's probably really thinking of the united states this point. in a fierce battles between government forces and rebel syria's president made his longest t.v. appearance in months stressing his confidence in victory over insurgents however bashar al assad admitted it would take some time for the country to scramble out of crisis he lashed out at turkey saying it bears direct responsibility for the bloodshed in syria some of the latest fighting has taken place in a military airport and province were rebels claimed to have the steroid a group of army helicopters and this was later denied by syrian t.v. which reported the attack was repelled at a military hardware saved sister agnes mariam who spent over a decade in syria and came to aid of the suffering when the conflict erupted says armed gangs started causing chaos long ago. i would of thought it

is it only shows it's not political. it's not even civilian in the january i asked to do a position where the good leader would order if you've entered and so i could have an. eyewitness and in the beginning we did not even know who were just people and we said said those people there were only identified the gangs you know we said we don't know who they are but they are spreading. these ordered the. killings abducting and the many kind you know of metal rods for example they would keep a low if i have seen. in homes. if luck of blood. because in the day before. people

you know source and i did then defied gangs have been beheading nine i know with people just because they want to know if i have seen this was my eyes. and they'll miss the full version of us interview with firsthand accounts from syria coming up here on our team layer the sour. jordanian security forces a massive refugee camp on the border with syria are on high alert after two hundred refugees turned on the guards over the camp's conditions as policy or are reports dealing with the immense and focus of refugees is far beyond what jordan can offer . exhausted and drained there's not much for these refugees to do besides swelter under the scorching desert sun sheltering from the violence back home in syria they walked for days in the heat to get here and so they come in numbers and

under the wire not one person here has gone through the official borders instead depending on the level of violence in syria as many as a thousand people each day are fleeing across into jordan they're picked up from the border by the jordanian police and brought here to this camp and now a man doesn't know what to do with them the country is struggling with few natural resources little water and is in need of foreign aid they're growing number is putting pressure on in a way the refugee way republic we can't close the border on the faces of them have a g.'s we have to help them syria is like a sister to jordan and king abdullah a sudden friends now are making is a very difficult situation goes on has a direct impact on what has that. the freezing of this arctic project once more into schools how rapidly the global markets are developing nowadays stockmen was originally intended to ship pipeline gas to europe and liquefied natural gas to the united states by jury in the year as the partners to

to negotiate the world saw the influx of new alan g. from the gulf countries and then the shale gas revolution in the united states so the project now true lost its export markets in addition the cost of these complex offshore projects read very hard and the three partners found it impossible to even come to an investment decision this summer still some analysts say that's the stock from an exit is a positive sign as it signals of more pragmatic commercial thinking by gazprom but russia is not left without its high tech liquefied natural gas production. to project is already exporting l.n.g. to asia and another russian gas producer not attacked by the way together with one of stock months partners the talk is developing a vast elin's you project in the arctic that insula. it's now time to check

out the markets and let's go straight to europe where as you can see it's the negative sentiment that we're seeing all across the board pretty much which is no surprise considering all the troubles we're hearing about turnover in europe and namely the trouble in spain european currencies actually managing to gain to the dollar the sour rebounding from wednesday's losses the russian ruble is shedding value to the currency basket and equities here in russia are in the red at noon the r.t.s. is shedding more than half a percent although woodhouse rebounded above the psychologically important level of one thousand four hundred points in asia equities are trading lower in tokyo the nikkei is down less than. one percent mainly on the weaker than expected retail numbers hong kong's hang seng is showing even deeper the losses a lot of investors on the sidelines waiting for friday's u.s. fed reserve chairman ben bernanke and that's the latest from the business desk

we'll be back in fifteen minutes all right thanks very much indeed i'll be back very shortly with a recap our top stories don't go away. mission

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