the bilateral trade because if the chinese want to buy major technology products from the u.s. market that would be a much better sure way of cutting down the trade surplus than buying american farm produce which even if they bought only american from produce there would not be able to balance the trade to the satisfaction of the americans well i'm mr cheney and i think there could be a legitimate questions about the fairness of all of such pressure because if china wants to develop a high tech industry i think it should be able to do so i mean all the countries india including russia including the united states including do you how you know interest is in the reach they see a potential but that my question to you is somewhat different i wonder if you see any way of addressing the current balance in trade between china and the united states or between the united states and other countries in the way that would be

fair to all and that would not destroy or significantly undermined the trade system that has already been suffering quite a lot in recent years it's a good question free trade is founded on fed trade but free trade is not always fair trade free trade becomes fair trade only if the two parties involved have the odd relationship that is matching if there is a mismatch in the mix between two parties the tribulation. may be free in terms of free trade but it may not be fair trade so fair trade really depends on your politics it depends on par dynamics and that goes to the heart of this matter that trade is not about trade only create is largely about

politics and if the politics is not right for one party then we will not see fair trade so in this china. you most relationship americans still have that one to the us they have the most powerful country and they're seeking to use the great leverage to get the chinese to accept their major to months this is the dynamic at play kindly ok well mr chinee we have to take a short break now but we will be back in just a few moments stay tuned. for. these we continue to discuss only about some commenters of the maastricht. six spots and we don't we have nothing to give to the next generation and reason for which to

be proud to be utopian these is the reason all of us kept. kinetically modify do business in the system came from the food industry in the one nine hundred ninety s. . by thomas taking that to night and what does that have to do to cheer. us trysts. polish them up. like this is a chemical plant least khaliq. this is why i think luther was right to

be here because. they use pricing in the bunch of. possible contamination that. can occur. future scientists proof that context really . on the human race to surface to free of g.m. and chrysler state which will even be able to sleep cost the points of never san. welcome back to worlds apart with drama to any professor all strategic studies at the new daily basis center for policy research mr chill any you rode one zero actually more than once that india is a critical swing state perhaps the most critical swing state in the world when it comes to global trade at this point of time do you see its interests aligned more

with china regardless of how ten years that relationship is or with the trumpet ministration neither to be frank with you because when china india has a very lopsided trade relationship the chinese trade surplus with india has doubled in the last three and a half years to sixty billion dollars which means that every month john i was enjoying a five billion create surplus with india and more importantly this is the content of the trade relationship the chinese are dumping manufactured goods of the united and buying essentially a drama truths from the market. so that tribulation share makes china anything but a partner of india as far as the united states is concerned because of american pressure on india on the information technology industry to give you one example

the americans have not been very helpful even though the u.s. and india have a close relationship but the americans have been pressing india on several different fronts they want india to cut down its trade surplus with the u.s. right now in danger as a twenty nine billion dollar trade surplus which is which is less than half of what china enjoys was of india by the americans and sustain that india cut down on that trade surplus they also want to get india to open up its economy to more american products so india is facing multiple pressure and on top of that the americans are trying to pressure india on on russia and on iran through sanctions so india certainly does not look at united states as a partner on trade now it's been presumed up until recently at least that the global economy is not strictly a quid pro quo you know i buy i sell you you know goods for it's one dollar you buy

the same for me like they are the general wisdom has been that it is more complicated than that that you compensate the trade deficit by having other sort of relationships but it seems that both mr trump and to some extent to you as well subscribe to these kind of again as i said quid pro quo type of trade do you think that's the way to go for the future as far as global trade is concerned there has to be some degree of. symmetry in a pretty relationship it's like relationships between individuals if if relationship between any two individuals as unbalanced that relationship will not flourish it won't be sustainable over the long term similarly relationship that is unbalanced love cited unhinge is not going to last for ever really last even ten years. there needs to be some degree of balance but mr chill and even in personal

family relationship determining that balance is extremely hard it's not only about how much money somebody brings into the household or how many chores a person. carries i guess what i'm trying to ask you is whether you have any formula in mind for determining that balance for things that are not easily quantifiable well balanced doesn't want to involve just numbers the amount of goods traded. i'm not talking of just symmetry in that aspect balances also in terms of how the two sites are benefiting from a trade relationship what is the content of that privilege you share is it aiding the economic growth of both countries or is it ending more they can all make interest or one country all these factors together make the term balance

balance is not just about the the total dollar value of goods created by by by each side with other. now speaking of other countries the united states is set to decide next week on whether it wants to continue with cherif exemptions on still an aluminum for the european producers and it looks like the europeans are not particularly holding their breath they will be example much longer do you expect that to change anything in terms of the global trade balance because you know both the e.u. and the united states more often than not tended to be on the one side when it comes to trade negotiations you mentioned trade blocks before while the developed countries used to be a powerful trade blog do you expect that trade block to you if not to fall apart down the police to be a little bit more fractured than it is right now if the united states indeed withdraws doss. tariff exemptions from the european producers well you're

a strict policy at the moment as is a mess because from press created confusion on several fronts is critical in terms of its of america's allies for by refusing to permanently exempt the european union japan canada from steel and aluminum tariffs he has threatened to impose tariffs on on auto imports and on and on top of all this there is no being threat of of escalation of us trying tensions so right now there is there's a lot of confusion in terms of u.s. trade policy but what this confusion is doing is making america's allies we think their relationship with united states for example the transatlantic relationship which has been the bedrock of. western security that process landing relationship nom is being openly debated and question in europe

both mr chinese as you may imagine really in moscow not big fans of that. transatlantic secure. relationship we tend to think that it sometimes undermines security rather than strengthens it but putting that aside the state of disarray do you think it presents any opportunities for countries to form you know cross. you know cross camp ties because he you mentioned before and up until recently the trade negotiations were stalled primarily because of the trade blocs now there seems to be an opportunity to put the bloc differences aside form something new do you think there is any chance of former u.s. allies or current curious allies and perhaps for more current adversity going together and trying to influence trade policies in the way they find feed for

themselves want to model is going to do this is going to it's going to make countries. alliances that. they're likely to. form new relationships. they're likely to reduce their dependence on certain countries for example and build a great relationships with some other countries so we're going to see some flux as a result of what we are witnessing today and this turmoil is going to lead to a very different kind of a trade matter in the years to come we have seen a point of ration of free trade agreements by that fully and regionally and i think we're going to see more of these f.t.'s emerging as countries seek to shift their trade priorities and their friends relationships in

a manner to create some stability in their policies and that freed relationships now you mentioned before this threat of second there is sanctions stemming from the trade with iran i know that india has a trading good trading relationship about the countries so do the europeans but so far what i am hearing both from the indian experts and the european x.-press is is an idea that they need to go to washington and negotiate some individual exemptions for themselves i wonder if that is every really in a fact of strategy i.v. being slow in forming those relationships new relationships that the mansion because from my point of view it perhaps with bayh it makes better sense to form a united states front and negotiate with the united states as united staes on secondary sanctions rather than asking humbly for some individual exemptions begging for individual waivers. is probably the worst option that any country

can pursue because that will lead to even greater american pressure on that country to be subsumed into the night states because anywhere that is granted to a country where the bill comes with conditions that further constrict that country's options the fact is that whether it's iran or the new act the new american law directed at russia which is called country america is administering sanctions act these laws and these sanctions are seeking to apply american sanctions extraterritorial only extra to rule sanctions are unlawful international law they violate international law they violate the human charter they also flout the rules of the global critic regina and to give respectability to

these dictatorial through sanctions will amount to giving a blank check to washington to set international rules for trade as well as to set international rules for interested relations countries have to speak up because in the past between twenty twelve and twenty sixteen when the u.s. was applying sanctions against iran on the oil front most countries went along because because the issue then was about restraining iran's nuclear weapons ambitions but now that the americans have withdrawn from that nuclear deal even as iran was in full compliance with that deal today the americans do not have this kind of. latitude to be able to enforce extra total sanctions across the world elaborate harder time well mr china i totally agree with the i

just hope that they could all not only speak out but also act together but anyway we have to leave it there i really appreciate your time and your perspective and i hope our viewers can keep this conversation going on our social media pages as for me to hope to see her again same place same time here on worlds apart. well. you never know what's around the corner you never know what's in the pub even to walk into a nice fat excitement it's that look now and that's where the adrenalin rush comes

from. coming in is a means by definition an extreme so will supply. the violence is a pov and is that almost a schizophrenia. where you can do all these things and behave badly. they're going to befall a whole disqualifier that all. of us was also focused on the last. punishment in infirmed when one man knocked on the wall all of us from the start. of a broader way in the fight broke out every bit of cold out down went up a little bit. the meaning of reason is that beast if you don't mind the involves it's constantly evolving and. i've been saying the numbers mean something they matter the us is over one trillion

dollars in debt more than ten like colored time stamping each day. eighty five percent of global wealth you longs to the ultra rich see what six percent market saw thirty percent just last year some with four hundred to five hundred three per circuit first second and bitcoin rose to twenty thousand dollars. china is building two point one billion dollars a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one in one distance shows you can afford to miss the one and only. illo.

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. in the stories that shaped the week. a correspondent for the channel is among the small pool of foreign journalists invited to north korea to witness the shaking shot. nuclear test site. and now everything is being turned into a massive cloud of dust. another day another diplomatic u. turn from donald trump he hints that the historic summit with north korea's kim jong il. just a day after pulling out. everybody. you know. this

week the st petersburg international economic forum saw global business leaders and the political elite russians northern. you take a closer look at what was one of the most anticipated meetings between the french and russian leaders. thanks for joining us here in our team's nationals for the weekly rundown of the week's top global news stories. north korea has taken a highly symbolic step as pyongyang appeared to destroy its only known nuclear test site in front of the world's cameras on thursday. was among a select group of journalists invited to witness the event. we're in the beijing international airport and as you can see behind me we're being greeted like celebrities here builds to go to north korea and now we will be

proceeding to check in to our flight. so you will counsel any efforts what's the first thing you expect to see it's a bustling crowd of people pushing and shoving it's a taxi drivers offering that often overpriced services won't check this out nothing will distort it it's just an empty parking lot and three buses that will take us to the city. this is where i will be spending the next eleven hours or so my very own oriental express i guess so check out the room the first thing to notice about it is the windows the blinds are shot there is some sort of a seal and we're not allowed to even peek from them never mind filming the thing is an air conditioner some beverages but really not much left to do but to go to.

everybody so we're just woke up it's six in the morning but check this out and just want to show you something really quickly they've opened the window the blinds are out so we probably mean we're really really close. so we finally arrived this is the dog station we're being told a cylinder now we're up for a bus ride these are the buses that will take us through the next leg of our journey. behind the e.c. with internal number two that's where the five nuclear tests five most recent nuclear tests have been conducted people here are reassuring are saying that there

have been no radiation leaks that the environment is good but many journalists may feel good well it's better safe than sorry you can see some are wearing respirator marks and some crews have taken to see meters with them to this trip which were confiscated at the customs rules handed out leaves yellow safety helmets. and. everything. we. were used for living for the soldiers to help to locate soldiers and their well now north koreans show you that it is destroying the infrastructure to.

ground this trip we have been made very clear that we've been treated to on this trip was a privilege to many people here knew for career get to experience it because done of reporting from north korea. now a u.s. delegation has met with pyongyang officials at the demilitarized zone separating the two koreas the state department says it's part of preparations for the summit between donald trump and kings all in a plot and has suffered its fresh air of the arctic ups and downs this week the u.s. president kept sold the talks on the same day pyongyang raised its nuclear facilities to the ground however and not for the first time with that changed within just a matter of hours because on saturday he said that the get together might still go ahead after all. we're doing very well in terms of the summit with north korea so we're looking at june twelfth in singapore that hasn't changed. it to

terminate the plan summit in singapore in june twelfth. everybody. you know that better than anybody the world continues to come to terms with donald trump's unpredictability and just a day after he announced of the historic summit in which he would meet with kim jong un in singapore was called off now he seems to be hinting that it may be back on the table so what changed his mind once again what appears to have been a statement made by north korea in which they said they were still open to meeting and sitting down with the united states at any time now seems particularly sensitive to these statements from north korea his previous decision to cancel the summit was also based on a statement from north korea this is donald trump sadly based on the tremendous anger and open hostility displayed in your most recent statement i feel it is inappropriate at this time to have this long planned meeting north korea has

actually released three american prisoners and they've actually gone as far as to blow up their only nuclear test site however it seems that for donald trump words speak louder than actions some people are looking on this and saying that maybe something deeper is going on beneath the surface here perhaps this is what you might call a psychological tactic of attrition donald trump did after all right the art of the deal and it seems like he might be playing hardball in the lead up to a potential meeting or no potential meeting with north korea people wonder what the ultimate outcome will be but it seems like only donald trump really knows what's going to happen next who know what he thought to i'd suspect least of all done with what he thought i mean this is somebody who jumped into the main thing first of all quick of an affair it's up a drawing there is no pay. all of the behind this is somebody who is into making headlines and appeasing the base what we're seeing is a huge naivety in the current american administration when it comes to foreign

policy making fueling hopes that the summit will take place after all the saturday south of the leaders of north and south korea held a surprise meeting at the more you can see it there. in told his northern counterpart that trump is committed to ending hostile relations it was later revealed that he finds it hard to trust trump's words the leaders of the two koreas agreed to hold more talks this coming friday. and the world's business and political elite gathered this week in russia's northern capital st petersburg international economic forum brought together more than fifteen thousand business titans investors and politicians friday a panel of world leaders from russia japan china and france as well discuss the key economic and political challenges facing the world today take a look. and we're going to do it sure that we have to do everything possible to save the deal the u.s.

president hasn't closed the doors a negotiation he says he's dissatisfied with a number of issues in the deal but he doesn't exclude talks with iran it's a two way road the door must remain open i think not all is lost that they are but in a start i couldn't change the terms decision on iran but at least i tried i explain that this agreement was signed using international efforts i think that president trump has refused to sign a two thousand and fifteen agreement because he was initially signed by his predecessor who is as he thinks but by definition. shall not china hopes for peace and stability on the korean peninsula under no circumstances should we allow water breakout in the region that's why we should promote the process of demilitarization to. ask for the summit between north korea and the u.s. i think we have to do everything to make this summit happen so that many issues can be resolved. but you have any advice of the world in terms of how to deal with president trump because you were somebody who was. associated with the

election of president term. a provocator i've got nothing to do with trump selection campaign and you are not a natural. i believe in french foreign policy that's based on independence so there are things that tie is really closely to the u.s. like foreign security because emanuel said that europe and the u.s. have mutual obligations europe depends on the u.s. in the realm of security which you don't have to worry about that will help. will provide security is. the most anticipated meeting was between emanuel mark kroll and vladimir putin it was the french leaders first visit to russia as president. was there as the day unfolded. this here in front of the cameras is going to happen right here.