buying jet airplanes and whatnot i think is that they recognize that. the world economy can't afford for the eurozone to disintegrate and so i think that china will play a role in trying to maintain a stable world order. whether the growth rates will continue to stagnate or rebalance down the road remains to be seen. but i think. what we're seeing is that the global economy is extremely integrated it's really impossible to isolate them at this point and in regards to the asia pacific you may call the china club but frankly it's the asia club because all these countries have companies that have such enormous investments in each other's

countries that this is usually the you say you are an asian go but there are countries in the western hemisphere that are and also you're saying they're not going to play much a role absolutely this is why i'm saying that the world is very integrated to try to isolate them and say well is it's just the asia pacific region or the european region or the americas it's really not quite fair because china has joined this small group of nations that has interest throughout the world and therefore it is like the united states in that way where it cannot say that they can ignore other parts of the world well i mean i'm ignoring what i want to point out something to bill i mean russia is looking more to the east now because of the problems in the european union. i think the importance of this apec meeting is that it's it's the debut of russia's pivot to asia

which we're trying like america's pivot to asia is real russia is making huge investments in. port facilities where the where. there won't be ice all winter it's building roads and railroads and making a huge commitment and and the structure so much. will show this off. very little else will be accomplished. but this this is very important and will have lasting consequences but what do you think about that because you know russia's turnover and effectuate is about one point five percent of our total i guess small yes minuscule yeah well i mean ok another way to look at it and i want to follow up with and mentioned earlier yes the world

is getting more and more into dependent and interconnected that can be positive but it can also be negative now with the positive part of it is that. in the last decade or so the world economies are relatively healthy until the lehman call it's in the fall of two thousand and eight so it's all because of the sort of open and market based kind of an economy in support. many countries are doing and going to the trade liberalization and so that helps the world economy but when you are more interconnected when you are more in the dependent if one or two members contagion contagion i'm talking with contagion and it is happening now in fact two days or i'm sorry i suppose not to see i mean we have a. finance minister meeting that i'm attending here and the tone is pretty clear that the. the world economy is not in a good chip at this moment now the question here is that to what extent that will

affect impact members especially the asian members because we all know that. doing relatively well compared to the rest of the world that's way now the world is experiencing what is called the double track growth in wits the growth in the industrial countries has been slowing down but the growth in asian countries are relatively strong so the question here is that will the contagion of what happened in europe for example and also in the us to some extend the soaring down of the u.s. economy could affect the asian members of the apec the answer is yes and at least there are two channels of contagions one is what they call the real sector channel to trade and this happens especially in export oriented asian economies like china you know malaysia thailand and so forth you can see immediately their export drop because the. prime markets for these economies are the g two

i.e. euro eurozone areas as well as in the u.s. so when your prime markets are in trouble like what we are observing now naturally eureka export is also affected and then your economy is affected. the second channel is financial channel and it is happening quite quite significantly now if you look at the actually in state in many of the asian countries now it's so full of title because of the deal leveraging off many banking sectors in in europe and so what so what i'm trying to say here is that as the world economy is getting more and more interdependent and interconnected then many policymakers in all countries has to be more aware in themselves their contagion the risks of the contagion and from that standpoint i think russia is realizing that the connection with asia is getting more and more important especially in the coming years and this is the reasons why they put special in serious effort in themselves the more integrated

with the east asian parts of the world to go with the winners are saying well you know but also as i said earlier they have to be aware of the potential contagious or i'm going to jump in here folks we're going to go to a short break and after that chopper it'll continue our discussion and expect our. education. system. their childhood was on her shadowed by this tragedy. they still feel the fear they take just. don't remember every second of the slightness. all remain in their memories and hearts are ever. anything so.

innocent. a little angels. please leave. the amended. little. i want to play welcome back to rostock i'm here awhile to remind you we're talking

about the asia pacific economic cooperation. little and. little. ok good and i'd like to go back to you in new york we looked we've talked about interdependence here and i think we all agree with that but there's a lot of conflicts within apec itself a lot of the countries you know can we look at china we look at japan korea philippines exception ok i want to go to work this out or can apec help. well this is definitely a tricky situation because these countries have historically lots of tensions from past wars colonial behavior. has caused deep resentment and these countries need to figure out how to put that aside and realize need to move forward the way that the european countries were able to put aside their

differences and join and create the eurozone this is obviously a challenging matter as many diplomats will understand but with deeper economic ties that's certainly one way to begin conversations. and then they need to understand that they would be much stronger and they would all benefit if they can hang together as opposed to hanging apart which the european nations understand ok . what about that i mean is this organization going to help alleviate those differences the very real differences in their flaring up right now. well i think the economic ties do help and the conversations do help but the fundamental problem is. governments that are weak domestically and therefore. are taking nationalistic actions and are unwilling to step on. local

governments and citizen groups that that exacerbate conflict you've got a very weak government in japan they're always afraid of of. being the latest prime minister to go they've had six in five years and. people are always looking. for a way to reassert. japanese. leadership and national identity and. the right wing has been successful in. pushing some of these nationalistic actions governor ishihara for instance wanting to privatized the the same caucus. new a new foreign minister from the democratic party of japan breaking the

agreements and nine hundred seventy eight that they would not arrest the chinese fishing boat captains they would just chase them out. a weak. leadership before the transition and south korea. wanting to. strengthen itself at home by having the president. talk to question while and that's just viewed with japan. and in china a government which when it was strong when leaders were strong settled twelve to fourteen land border disputes to the satisfaction of its neighbors. lately facing a transition wanting to get. its factions key people into place for next year. has given in to statements by

a local general and so on what do you think about that will finance business trump politics is built was talking about i mean what's the or is there a ratio you see. yes if we look at what happened in the past yes usually the economical appreciates help sort of the need to get what if it but it was just getting worse now not better well yeah that exactly what i'm saying i don't know what that will be the end outcome but in the meantime i think. politicians and as well as policy makers in the e.u. does realize that do we need to go east by strengthening the economy companies but what is also important is that. impact is one example of the economy corporations at the end of the day is clearly the national policy so i fully agree with bill at the end of the day is to be the individual can but you're always late earlier if this is an opportunity as well you're going to miss this opportunity for greater

integration no i don't think so i think they realized today is very clear all the finance minister of the twenty one countries confirm that they need to even crease and to strengthen the economy corporations know that doesn't mean that all the pipes of conflicts will go away no but in the meantime while they are trying to do all kinds of means the economic operations will be strengthened because they believe that that will help ok and if i go back here i mean one of the things we haven't talked about here is the america's role in all of this and it is in the organization and there'll be a lot of countries all say well we want the americans there because they can mediate these differences ok because there's a lot of our eyes in this organization with the americans i mean is that one of the reasons why they have a little bit more comfort because you know when you look at these conflicts the united states has its navy it depends some would argue that america is throwing gas on the fire and this killing more

conflict. because if you look at china's stance they would say america is almost encouraging japan's bad behavior in some of these island disputes because japan feels that the u.s. will come to the rescue no matter what they do and so so it depends it's i would say it depends on who you ask whether america's. involvement is beneficial or not. but i would say. it's clear that the u.s. . wants to be involved it's clear that it actually benefits cus if there is tension because. when they play countries against each other it's acts as a destabilizing. acts as a destabilizing force so that no one area will be able to challenge the u.s.

and therefore u.s. can remain the superpower when all these conflicts happen in other parts of the world and u.s. is lucky in that it is completely buffeted by two large oceans and has you know very friendly relations with its two neighbors canon mexico and so this way. you know if there is conflict in the pacific this will enable us to maintain its leadership position for a very long time if if the asian countries can't work out their differences if they can't work out their differences then we will continue to see american hegemony in the pacific or disagree with that statement. i agree that it's work what's happened is that the. countries on china's perforate have basically align themselves more with the u.s.

because of these conflicts and also want to agree with and the. let me put it this that was just the same thing as i lay different way the american narrative that all these problems are caused by the rise of china and by. chinese assertiveness. is is worsening the conflict and not helping it china is overreaching but japan is overreaching and and the philippines and vietnam are overreaching and by a by a not playing a referee's role and stood by saying one side is always right and the other side is always wrong the us the us is polarizing the region and in there in the long run that's not even helpful to two u.s.

interests in the us would be better off if if. if these kind of conflicts are. reduced because the risks of increased polarization are. are just too great a clash is possible any time and. the whole virtuous circle of trade benefits and diplomatic convergence can can reverse very quickly even when you think about that. yeah one example in the economic area especially in the trade area is the idea of the d.p.p. transpacific partnership with was really the u.s. i.d.'s business one way some people say a trojan horse to say here see the thing is if it ok let's think about this with an ideal scenario would be p.p.p.

it's not the exclusive kind of sort of corporations but more inclusive meaning that the more members is the better now as it is now unfortunately b.p. is still seen as an exclusive because. there are some members in one of that some members are really the second largest economy in the world i.e. china is not really a member of it and looking at the conditions and the substance that has been put in the d.p.p. it's unlikely very unlikely that a country like china will join the world mean anything of trying to doesn't join well we can join the world it's just just imagine a club great club ok the world supposed to be the world trade club but the second largest economy in the world is not a member of it of course it can it can be there but. it's less meaningful put it that way ok and if i go back here in new york where is your crystal ball here ten years from now well everybody you know with

a packers everyone knows that opec is ten years from now what about apec. well i think it depends on on the members and was are. they choose to make it an important organization or not. institutions are really driven by people and it depends on if the leaders that make up apec choose to create you know proactive productive change with their organisation and use it as a way to help resolve conflicts as a way to increase corporation or they are just using as a way to just represent their own national interest and it probably won't willy wonka's i wonder if and when that on is right you know what it's all about leadership many thanks to my guest today in new york in cambridge and here in the studio and thanks to our viewers for watching us here to see you next time and

remember ross talk. to me.

their clouds childhood was overshadowed by this tragedy. they still feel the fear they faced. and remembered every second of the slightness. it will remain in their memories and hearts forever. the town up and using soldiers . innocent victims. tom a little angels. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charged with a big. event

china's plans to step up their military trainers come to the west where as the world's two largest on united that happens to the biggest influence in the region. you are training of the problems of influence of mike and debbie finds out the nature admits negligent are choosing to the vetting process has led to recruits standing their guns on them and. the new law even to protect kids in russia from calling for t.v. thanks is criticism but it's a big arrest language that threatens to deprive children of programs and cartoons of the great cultural body.

this is all see coming to life for most co hello and welcome to the program the walls to the largest armies are looking to step up joint military interests as india rolled off the red carpet for the chinese defense minister the red visit from beijing's military chief to the neighboring country is aimed at pushing for greater unity between the imagine superpowers as well as ramping out their influence in the region however the ties between the two asian giants are already causing concerns across the pacific as pressure it explains. this is a historic trip for india as the chinese defense minister has been visited this country in nearly a decade and the top priority for the list of things to discuss on this trip are strengthening the india china border and promoting a stronger cooperation between the two countries armed forces many people believe that india and china because they have two of the fastest growing economies in the

world should be rivals but a lot of analysts i've spoken with have actually said that a partnership between the neighbors actually makes more sense with forty per cent of the world's population and at a time when these two countries' economies are growing while many of the traditional western powers their economies are decreasing many people say that a partnership between india and china could actually be detrimental to a country like the united states the united states actually exports eight point four billion dollars of arms to india every year and india is actually the number one importer in the entire world many people say the united states is interested in india to counterbalance china's growing influence in this region and to have a strategic ally here when the united states plans to withdraw its troops from afghanistan twenty fourteen so while other countries might have an interest in

what kind of relationship india and china has all signs are pointing to stronger military and economic ties between the two countries. the growing financial clout of asian countries and the global implications that could have is also the focus of peter levels debate with his guests at cross talk coming up later on the program. on the eve of the meeting of the asia pacific economic cooperation regional to what degree is the global economy now center in the east and so are we living in the pacific century if we are but is it really me. the dramatic spike in deadly inside out tires by our going troops and police on foreign personnel has led to the u.s. suspending the training of some local forces this year alone forty five american and nato soldiers were killed by their are going to counterparts statistic blamed

on slack buying ground checks the has at washington's decision good deal re all the hand security but robert naiman from just foreign policy told r.t. that's just the tip of the iceberg. what's really striking about this is that nato officials are admitting that they've known for years that there are only varying procedures were not being followed. and that this is contributed to these killings spectacular admission. and the big question of why didn't make these changes before finally the problem grew to such a spectacular stage that they could no longer ignore the attacks of groom because first of all they've been as they now admit any people to these forces without vetting and secondly because there are just greater prosperity in third because there is greater stress both stress on the afghan soldiers and

police stress on the u.s. forces which helps them behave in ways that broke the afghan soldiers and police i think the deeper question is you know what can we learn from this about u.s. policy and the credibility of the generals were always told to defer to the generals the generals ever control until there are some spectacular episode that shows that they don't have a situation to be drawn what should we conclude from that about western in particular u.s. policy i think that is really where the focus of the west should be and you know what are we going to do to change that policy which is so clearly spectacularly failed. your life from moscow still ahead a look at why despite relentless violence in syria some people in the country still believe that whacking the monday is the best way to preserve. the

calm the business bulletin and about twenty minutes time to be guiding you through the global equity markets going to be talking about the chinese manufacturing contracting and not having a witness say that through the markets to me that in about twenty minutes time. my fast as a new school year kicks off in russia the government has turned its attention to the moral health of the country's children and you're broadcasting law has been introduced to protect kids against the potentially harmful effects of t.v. content on this kind of change in to find out. violence. it's almost as widespread in t.v. and popular culture as bad language. it's all right. reading for an adult audience graphic and really exclusive content is often watched when children something which russian religious leaders do try to put a stop to.