if and when it's completed the belt and road initiative will wind through countries hosting more than half of the global population the largest trade wrote in the world what will this mean for other famous trade deals though such as the trans-pacific partnership who must be uncle for she has more on that for us by two thousand and fifty that countries involved in one belt one road will contribute eighty percent of global g.d.p. growth according to oxford economics and that's up from sixty eight percent last year painting a bright future for the trade initiative on the other hand it's not so great for other major trade deals like the trans-pacific partnership back in january president trump signed an order to withdraw from the t p p over what he claims were

unfair rules and there's still a chance that he could hold the u.s. out of the north american free trade agreement for the same concerns so the puts the u.s. in a unique situation when it comes to global trade for a few reasons the one belt one road project currently includes sixty countries and is open to adding more compared to the twelve nations originally added in the tepee pete and while the t p p is simply a trade deal china's foreign institutional support behind its venture including a bank and investment fund but the most obvious difference is a new infrastructure including airports pipelines roads and bridges to connect the nation's included coupled with other problems like aggression with north korea or conflict in the south china sea it's unclear how the u.s. will approach one felt one road but officials have indicated that china likely won't be adding the u.s. to its list during a congressional hearing in october defense secretary james mattis said in a globalized world there are many belts and many road. and no one nation should put

itself into a position of dictating one built one road that said the one belt one road also goes through disputed territory and i think that in itself shows the vulnerability of trying to establish that sort of dictate well this was referring to there is a china pakistan economic corridor which india says passes through the disputed territory of kashmir so beyond the economic competition with one belt one road it seems there could be other road blocks to overcome before it becomes a real competitor. how does this if we crunch the numbers compare financially to t.v. thier nafta just the size of this deal well it's kind of hard to make a black and white comparison here because they are so different if you look at p.p. or t.t. ip or nafta or any of those trade deals. i mean one belt one road is not a deal right it's a massive project that's going to include all sorts of infrastructure projects and it's going to include a bank which some people think could eventually rival the world bank if the project

is actually successful and obviously would increase china's presence all over the world so they're so different it's hard to say what it would do but if it is successful would certainly be a major trade disruptor especially if you listen if the u.s. stays in the t.t.p. and after they pull out it would still have massive implications right the u.s. and the west the only thing we can do right now is just sort of stay very broad of what about europe what effect could it have their wallets not as much of a threat to europe as it is to the u.s. for a few reasons even if the t.t. ip falls apart or the e.u. doesn't establish a trade deal with the u.k. when they leave which we can at this point assume it's not going to happen there are some leaders in europe that are open to china's project you know they're not against having an increased presence there however there are other leaders that are very cautious about working with china because a leader is one to establish that they will everything. happen within their rules

and regulations and right now course there is no guarantee that that would happen especially china is at the helm so so a lot to be determined i don't think there was ever any question for us in joining here and this obviously the bilateral agreements are taking over everything we talk about trade now right i mean as far as we know the u.s. is not considering at all joining on but they still have to take into consideration when we negotiate our own trade deals right of course if this ever happens but what its stance would have to be thank you so much for information on this boom bust. let's take a look at the worldwide impact of china's grandiose p.r.i. the conic timothy and the cooperation needed are mind boggling here to discuss a former u.s. trading commissioner bart chilton what does this say about we've talked about the president's power but i want to get that from you're from your perspective what this means in your your opinion about writing was you so i mean it's one thing for

you to be in trying to the constitution but to have his actual initiative in trying is a huge deal but you know you've spoken about how important this is from the circulatory you know transportation modes in china and in the sixty plus countries that they're building links with but it's a lot more than that not just the trade the bianca spoke about but geopolitics i mean this is a huge deal you know overall around the world what have what about you know we've seen in the united states we had trouble with any new infrastructure programs just even getting money off the ground to deal with them let alone the dirty details how is it that china can actually bite off this much and chew it it's so broad there's so much to overcome the finances the culture all of that a lot of people are not going to want china to be buying up ports. and they're starting to do that. already. but they look at the trillion dollars it happens to

be the same amount to president trump talked about doing a trillion dollars they've already spent several hundred hundred million but it's because president she has this power of the mantle to go on and it is really smart long term strategy i mean when you look at it and you've talked about you know do they have the reserves to do this right but they're looking at this over the next five ten years they're looking at twenty years that right two years how do they position this country which just a few years ago or not a few years ago but back in the eighty's and ninety's china was the largest recipient of world bank and asian development funds i mean they were a developing country now to china by itself is the is larger contributes more to other nations than the world bank does so they are lending people all around the world but particularly in asia and in africa and those folks are going to be indebted some the exactly all the titians the others they're going to be indebted

so china's sort of unspoken mantra is more trade less fighting and that will build alliances and allegiances far into the future right got right under the thumb what about filling a vacuum do you think president trumps relative isolation as talk is sort of in china as you know a chance to step up to the point of fairly are they were china was already going to do this i mean they it but now it's the belgium road back in two thousand and thirteen yes but this has opened the door wider when i say this i mean the trump of ministration you know having the an isolationist view in the middle of globalization going on all around the world is a really dangerous thing and you know nothing against china but they are not just going to eat our lunch they're going to eat our dinner and dessert to allow them to continue to just make these inroads when we're sitting idly on our hands said. you

know all my atlantic america great again but not entering into new new trade agreements i mean bianco is talking about the traffic partnership but they've entered all these free trade agreements fourteen free trade agreements right nations another five out there pending they're doing a lot and being aggressive about it and we quite frankly are not what about the rest of the world what's the what is the reception to a lot of that not we're not alone in being the only ones that want to shy away from something not everyone is poor and we're not djibouti you know but but but they've got to be looking at the other nations whether or not it's. asia oceana africa or the rest of europe by the way i mean even though we have the brics that sentiment over there you think about what they're doing these eight hundred miles of roads these thirty five different freight lines and high speed rail in new airports it's not just going to eurasia those things are going then into europe so europe's going to be looking at it from

a bottom line perspective what is the economic impact and all those goods that are produced now in central china and western china as opposed to having to go east you know from the seaports on eastern china and go through the straits of malacca they're going to go west on a rail and are going to get to europe quicker and that's already cheap because the labor costs in china but then it's going to be cheaper transportation so i think the other nations particularly in europe are going to be looking at this and say whoa this is a pretty good deal not too bad how would do you think this went bump them up to the top of the heap as far as the world's economies the u.s. is one you think it's going to cost to overtake that i do actually i mean they have been on the verge of being the number one economy u.s. is right now but they are already they have ninety some countries that view that china as their largest trading partner we're about forty fifty two rather so they're already doing way they're going to probably overtake us as you know we've.

talked about it before they've got about a six percent gross domestic product growth we're struggling to get to you know two point two this year right sixty percent is alarming for them yeah i mean it's not even it's not even with that they want to date down it's now there is some question about whether or not it's really six percent or is it four point eight but it's not who point to let us will be lucky to get this or the president trying talks about you know we want least three i think at some point during his campaign he went up to six bodies that is three three is great well when you're only aiming for three and then china's having sex doesn't matter if it's four it's somewhere that china's doing a whole lot in this regard and this is just such a a long term thing that they are doing and it's it is about the infrastructure and the conic connectivity but it's also i think about this geopolitics that taking place and that is so smart of them to be looking at this they're making loans to folks foreign aid loans to folks it's really going to help them long term good for them i just hope that we in the u.s.

don't stay asleep at the switch what about trump's initiatives to you know he's he's all about the bilateral trade talks is going you know the asia trip is beg and do you think that his his talk about bilateral is always best can in any way get the u.s. out of china i don't think so i mean my had a really low bar for the asia trip and it was that he didn't do what bush forty one did and you know throw up that is probably going to be zero zero zero zero zero zero when you're right but bottom line is there's more the u.s. can do and i just hope we do it all right thank you so much former u.s. attorney commissioner of ourselves. thanks for watching be sure to catch us on direct t.v. in the united states you can find us on the our team channel three two one and if you missed us on directv catch been lost on you tube youtube dot com slash thanks for watching see you next time.

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u.s. president wraps up his five nation tour of asia offering to mediate international disputes and promoting u.s. arms exports. and the french government pushes for tougher laws on sexual consent after a man is acquitted of raping and eleven year old girl. for these stories and much more head to r.t. dot com stay with us now though for sophie and co looking at the future of the iran nuclear deal.