subject of global trade which you discussed and we have had a great deal of criticism of america on this panel on many different issues you know lateral ones where it does seem to take a unilateral approach but the other side of the trade dispute of the biggest trade dispute at the moment is china you have the vice president sitting next door to you what do you think china should do to open up its markets to america and where do you think it should play its part in that this is ago. first of all you know trade has been good to china and traders' been good to many other countries as well in improving. living standards in lifting people out of poverty and in acting as a driver for growth and trade is a driver for growth around the world and has been now after ten years of depressed growth and depressed trade trade is finally picking up and finally growing faster

than global growth so it's really an imperative not just for china but for all countries that rely on trade for their growth to defend the international order in which trade is operated. now the as i understand it the complain that the u.s. has visited china as of two different natures one is china sells more than it buys from the u.s. and that is the bilateral trade deficit between the united states and china it's a very strange way to look at the balancing act around the world and one country should not look at one single deficit with another country but its overall position vis a vis the rest of the world that's how it really works and it's a strange complaint the second side of the complain of the united states is that. in the trade game that is played by all. the allegation against china

is that it does not respect the intellectual property rights it forces transfers of technology when it accepts foreign direct investors in china it subsidizes some of its state owned enterprises and according to the allegations it is unfair trade practices that need to be investigated looked into and eventually sanctioned and if that is true well there is a forum to debate those issues and the w t o two which china is a party to which the united sates is a party which it was an original founder off should be the forum where that is debated and then it's a question of making sure that decisions made are effectively implemented by china so to do it outside that forum is number one not the right way to go because it's ignoring the rules that you've actually volunteered a number to taking

a unilateral approach that is going to be a self inflicted wound on the economy that decides it if i tell you that when the u.s. decided sanctions many years ago against china in the field of tires you know the big tires that go on the big lorries. each job saved in the united states cost nine hundred thousand dollars but just saved this is not a way to go the cost benefit analysis to drive to that conclusion. this. vice president vice president one you so you have applauded this is like god do you or do you see your ways does it how do you see china approaching this dispute is this an area where america has got it completely wrong or is there room for china to open up its markets.

in the world of the worst of all i would like to emphasize. they've made. in china like each other. i was not involved in regulation knowingly on the trade issue which is not part of my photos here but historically. i did some work with a chairman of the state council when i was overseeing the issues of our relationship with the united states going to far as they train to wars going on between china and us between our two countries that are very fast pace very often we are holding consultations. and. believe that we must act you know what you reserve. and we should not be. very emotional about.

the china chairman symbian ping he wants stated. china mollies not afraid. anything and. it doesn't make sense for china to provoke an incident we believe that in any case we need to avoid any trade war because there won't be any winners in sarge war eat by. a human like the case was told and these sure tell you in the example of the war between. the england and france one hundred years it lost a lot but in the textbooks about history there's only one line describing it which says third from this great victory in the current world.

i should leave you and mutual benefit all. to this home is i very serious matter and the chinese government has always been following the principles of mutual benefit because. that is something that will bring good tools all of the peoples on the world. refracted interest of all of the nations shamans is a pain came out with such an initiative to create the. community of the single destiny specifically based on the ability to go either for the mutual benefit of this era game such a choice is something that everyone should ponder on and that is my short reply to your question. is just that i. want also to say thank you very much what question

but one other question i know that you have always studied america you are a student of alexis de tocqueville you often talk about america do you still think do you still think that china can learn from america what you think does now. highly. we are a lot of things that we can learn from america because america is the only global superpower and despite the soft par all of the hot. fresh delivery number one. they say it is the biggest modern developed we are not a country and the china the biggest emerging country on the first economy and the second economy in terms of volume and so we need to cooperate even we know point about it too much here wayne found

a single emotion we should try to achieve the best model results but we should be ready to face an is second census and dabs is the wisdom of the philosophy of the chinese people. you are right you are an ally of america and yet it is close to some trouble over trade if you changed your opinion of america two. no homo boycie toss into it or the snake. that would feel a little say will take that acted on it but i don't. write to him and. take out of me need to make money sonny the point i have to take years for stated what if. it imposes a. duty in japan despite being the us.

what it is we. agree where. from the point of view of national security it's all countries should impose on the duty of a sick man at all but the fact of the matter is that sixty percent of the japanese or. united states doesn't have any alternative to the products exported from japan so american consumers for the world so far the ones who consume any products we. have to tell story about it to president trump honestly as far as trade is one should not only pay attention to the trading and just balance which is something that i. present trani many times we all want to think not only about the

commodity you try it with this balance it is one of the about of course we go to quite a. little you have both got positive suppers ninety seven and a million u.s. dollars which is not asked as big as small china has but in some ways is and the financial sector we experienced quite a deficit in japan with respect to the united states and. also investing in traumatic car we create a lot of jobs sixty nine million u.s. dollars was for the surplus good enough but where is the american automotive and construction. companies produce all the bills in the territories of the united states and x. sport and that is seventy five point five billion u.s. dollars worth it. certainly is the kind of revenue that the

japanese companies generate in the church of united states for the united states and so it is really worthwhile. like i previously stated i believe that it is necessary. you'll pay a systemic attention amenable to trade as such and act within the w two old rules which is something to respect about it domestically as well as call upon our american partners to act in the sense that it will come as far as the t.t.p. . you know boy because of the government is concerned it courting the the pre election agreements and commitments trump. with true throwing us with treaty writing about it this is a very significant framework which also includes the internet.

protection environmental protection and other areas and therefore the growth charge home perhaps or the rules aren't necessarily to continue or develop in trade and this is the kind of fairness that we need to develop together unfortunately the gas withdrew from government but right now. nation also have come to an agreement and this song and the. you can read it and have read you fought. for the company. eleven mentions it would very much like for the rectification. to gradually in speed be unfolding in other countries so that. this possibly united states will change its mind and as you know in the other your

rest of europe the newspapers of the past couple of days and so conference for russia create a new building in the economy for trust into the destruction of malaysia airlines plane m.h. seventeen came forward and said it had proved with respect truly. the downing of the malaysian in the fifty third and craft brigade of the russian army base incurred cook it when you were asked about this yesterday you said you did not have an expiration i wanted now what is the explanation have they made this up. or was the missile allowed to cross into ukraine what happened to the chain of command on this particular issue. of should i do what. i said yesterday can repeat a story unfortunately we are not privy to a full investigation and that is why we don't have the reasons to completely

example the results of such investigations were not participating in it that are the arguments that we propose in order for them to be taken into account of this investigation are being excepted by the investigating with me let me remind us yet again that there is very sorrowful tragedy here and like it was mentioned yesterday we should always think about the beloved ones and the families of those who died who. was the interest they could just of because of those type of catastrophe we will certainly always remember to look but somehow or other are you the fact that ukraine's does not did not want to go that is that it was going to fall on its obligation it was set forth by the international civil aviation organization and didn't close the a space over the territory where hostilities are going on somehow nobody remembers this there are different versions of this tragedy but some are of and nobody's

taking these into account so if there is no comprehensive investigation it will certainly be very difficult for us to accept the conclusions of the investigating commission which works without doubt but just a patients about how we unfortunately had other tragic events related to a crane once they showed down the russian acrobat which was flying to russia from israel or the black sea and they didn't. you know admit that they were behind it and they didn't pay any compensation unfortunately they have a lot of negative practices with the grain but in this farce this particular tragic case is concerned we would like to put it dissipate in the gesticulation one last question are you saying this was not a run. this was not a russian army missing. but it was not certainly it was not of them i shall repeat it there are several versions including. whereby that was the ukrainian army sell ukrainian. more planes was involved you were never

a nothing usually that would. be accepted by us so in terms of the final conclusion without our school being involved in investigations you are subject to you are you actually have many disagreements with mr putin as you pointed out i wondered whether your approach towards dealing with them is something that you will continue in the same day you come here to make your case on iran you come here to make your case on other things what is your view about what is the best way for russia to rebuild it its time with the west. on some. of the well basically speaking out already been mentioned and one should. be moderately to a position where this back to the last issue that you brought hard are you would say that present good it is completely correct we should remember the victims of this tragedy their family members or. the families even though you did it in

denmark. poland. belgium but independent investigation now has been the search for the saudis very important now to organize cooperation and so very much agree with what mr goulden yesterday was mentioned that we need to comprehend where the system of justice is enough and in order to understand what kind of results arrived and in what way but what reason hold and significant within the temporary context. we need to maintain a continuous dialogue we also need to do some good food for all work in the area of collective security specifically as far as the middle east is concerned yesterday and i believe that we have advanced ourselves quite well longshots important issues like iran to ensure that only twenty fifteen agreement. and trying to further work are a negotiating about it. with respect to syria we also undertake

a joint humanitarian issues we have as well and we have. always agreed upon the way the mechanism to get in between ourselves through trial and work i mean the astronaut group and the so-called later smaller group which was initiated by from several months ago with a number of political opponents as security council u.n. security council members u.k. u.s. as well as germany as well as of the other asian nations such as jordan and egypt are useful and so we've agreed to such a big whole nation mechanism so as to be able to work with a new single engender so as to get the word to put together a common road map in order to ensure a good future for syria to ensure a peaceful sovereignty and which would be inclusive one in terms of the process is taking place in this country and further on we should together build our future in europe the political sense as well because we see on resume that this is something

that i would rather say that this depends upon what capability to resolve a credit crisis and so it is for these matters concern and we've got the men's school coach we have. nobody format within which we're going to continue to act apart from that we need to continue a strategic dialogue on the matters of security in cyberspace and economics and that is exactly what we've been busy with together and we've envisaged a very specific action because i'm sure that you noted that was signed about fifty agreement in the economic strategic areas very important ones as well as in the area of the psalmist base we're also going to work to get out in the older tools there develop it and put together a single charge on that within which we'll be able to work resolve for different disputes and it's very important point in such going well for here we've been able to exchange humorous words such a great deal and that. michael understand it when russian the european

union during the past decade legible and with going on there is a more precise they were talking about the european union nato and russia and france has always been pursuing an independent conversation which is very strong always which has a very quick on foreign policy so i suppose that the house can act in a very optimal way in order to build anything more about this architecture because if you know chip it's going to in a military way in terms of their security and in the economic way in terms of their cyber space to build certain lines of force and certain commonality with the common language if i may say so are i would insist that that will be very important of any useful for the stability in europe and we have all the world is going to be are you going to have people in. your pulse. much history here. i think we don't so if you see that one. has been the

balance to any possible expansion because that used to be a bit of a new photo. on the part of european union but when you are expanding without reforming anything that really doesn't come out very effectively so it seems to me that the unit being you know should be more sober and more unified more democratic as i'm sure i'm just. walking. down the if strategic priorities so i believe that there is a bit of a centralized good in which shares rose from the point of view of taxation as well as front if you're all for a labor regulation but there is also another europe sure is somewhat in other regions which is not part of a centralised new criticism and in this sense. they really this is that is that the russia has a presence at europe and so i often think about the russian ways in the council of europe because of the common space of remorse and values which identifies.

our country has a broader europe so i believe this is quite feasible and i believe that certain work needs to be in trade. deficit under the heart of the european union but on top of that i believe it is very important for us true enjoy very deep as commons with projects for the future years to come so they don't do. it easy said presently well that really depends upon the two of you if you allow me to express these joke . there are certain points in history when fear are made one makes certain decisions i don't think where do that but we do carry a lot of responsibility at that point in time when we talk about. what is your presentation what is your goal. for russia and the west where do you want what do you want to see russia in the west despite all these misunderstandings

we could have gone through many other ones where do you actually want to take russia do you want st petersburg this place which is seen as the symbol of the western capital of russia can you imagine this again being integrated into europe in the sort of way that mr micron described. distance which is the maverick the nation has its national priorities and its own interests and i spoke about it in the course of my presentation here and will certainly be striving to use this to achieve our national interest on terms of what they are today for the foreseeable future first and foremost in our internal development because we need to provide for the growth of labor productivity in this country's economy we need to create times and conditions to attract investment because without investment would be possible to result in not our problem it would be both. to diversify our economy without regard yesterday told me about it and

also made again that it was today as well we got four point five percent of growth of investment and thanks capital last year. while the economic growth was. because they wanted one percent of that which was a good indicator and excited investment but that is not enough absolutely not enough but in order for us to be able to attract capital from our friends the companies and nations we need to maintain good relations with europe but the rest of the world with the united states as well where very well aware of place. we are to be forced into choice should be exist as a sovereign state or certain restrictions should be imposed upon us we will certainly go for the first option because. we suppose they. threw stones substances which are. opponent they.

scale are incompatible or that an existence of a nation don't know for certain investments for but as a pittance of a sort was trying to achieve the kind of investment so astro bring back. the new rules of the games in the area of security and international policy with the house of the country existing institutions which definitely should further involved but on that particular ground we want to resolve the following matter to diversify the russia's economy which will make it innovative who want to work over artificial intellect and technology development and actually christine expressed some concern about that you know the robotics and the loss of the first implement. this is not so much favor or i should say they is kind of the phobias to existence as you feel it is and there is a danger of that is that as dean by the international experts only five sandwiches missed you. of workplace is global it could be completely automated only ten

percent have already been automated out of what can be done right now and so there is a lot of room both for the russian economy as well as the global economy and upon this ground i want to achieve the most important objective to achieve the most important objective. we want to raise the level of quality of our life we want to reduce number of people who live beautiful below the poverty line we want to achieve the situation whereby they think as before most indicated the life span should increase up to seventy eight years by twenty twenty four and by twenty thirty for it to be eighty plus of this is everything feasible but in mongst other conditions favorable external conditions are necessary and we're going to do everything we can in order to do it she would without forget change i'm not on this thing and that is also the point of our national interest but at the same time we

count secor far as our sovereignty and. our fundamental interest so i hope that at least back really between the russian our partners will be found . and i ask you one final question is who will win the world cup. biggest being is that it got good in the organizers when we you know who i respect him for level well organized acts c.g. for the whole of the international community for all of those who lawfully acts on an international game so it was. also much objective but it is far as the winning team is concerned as i say this traumas show and i would very much place to be a real shut up ration for all those who do sports both for the players and for our guests will do our thing for both the fans and the plays to feel like home.

thank you thank you we'll see retail politics still in russia i would like to thank our panel very much if you told me we have to wrap up i would like to thank the audience particularly for waiting i know you had to wait a long time before we came on stage like the rolling stones we took our time i would like to thank receive that goes i'd like to thank vice president. would like to thank prime minister since. president putin and president michel thank you all very much i'm sorry i missed some of your questions thank you but yes yes the three is not my past and on behalf of more like colleagues i would like to express my gratitude to a moderator today because i believe it was done in a very professional way you've managed to really turn this discussion into a very lively very interesting discussion thank you very much.

ok if you are just a joining us welcome to r.t. international we've been listening to last hour there are two discussion at the same petersburg international economic forum a lot of interesting tidbits there we're going to be making them bite sized right right at the next hour or so i'm getting the highlights of that stay with our team international i'm back in thirty seconds. but it would kind of cool him to accept if you need to add to the declaration of independence that's was something. that is the beginning and the night effect and don't call.

another day another diplomatic one eighty from donald trump he say's the historic summit with north korea might be gone after all this by pulling off shortly after prion yelling raised its nuclear site also ahead. and now everything is being turned into a massive cloud of dust. r.t. witnesses north korea being keeping its end of the bargain with the u.s. by destroying its entire nuclear tests. coming off the program this hour the world's red hot topics iran.