then the united states but don't forget underlining the economic system of europe and america is very much alike so let's see it is sometimes honestly sophie it feels like where but in my bare so here it stands to gain a lot in syria from china's one belt one wrote megaproject can the promised profits from a land trade offset the e.u. us trade partnership. no by no measure i mean the. one bold one wrote initiative from president xi when you look at the. eurasian the you want called it from moscow the kind of going from here via the stock into europe this is very minor we talk about seventy million people as customers in between that's a lot of infrastructure the maritime silk road is far more interesting because china has developed customs customers and ports and other infrastructure there but nothing can substitute the us as a market nothing can substitute europe as

a market this is all small notion and we have to see how we position ourselves as europeans with this one build one road initiative where we welcome it and we'll be voice our concerns at the same time the trade chief silly amounts from is targeting china alleging foul play with technology transfer rules what kind of leverage does brussels have over china and is it doing the right thing by being tough on everyone who don't play by the rules. well i guess that this has built up over the years. and it was bound to come china is in the w t o since december two thousand and one has promised opening up as not really a follow through in many areas and now basically we have a situation where china is four times five times more invested europe than europeans are investing in china hence the resentment is. increasing to say you know how come they can do everything in your we can still do a lot of very little in china so i guess that was the cilia one stroke was

a very able commissioner took the initiative in order to clarify this and there has to be a consequence china has been to mark until the stake has been playing this game far too long and it's one of the few areas where actually i guess you have u.s. officials and european officials coming out of beatings with the same conclusion china has to open up all right take a short break right now when we're back we'll continue talking with your good care former president the e.u. chamber of commerce in china discussing the looming trade war between the u.s. and china and here prospects in all of this stay with us.

are survival it looks like the start. repatriation will get the rest seventy. delegates every track record. to the kids in complete saying oh boy tonight. we can. get. home.

on the which i did. eventually got to move this because i'm listening to columbia to ensure. the last. few months. i. and we're back with your good care former president of the chamber of commerce in china discussing whether we're on the verge of

a global trade war so trump is saying that europe and came about he has been playing to us for years what their own tower is that he's only correcting things that were unfair carry agree with him. of course not i mean there has been a common understanding about open markets the european union is exceptionally open canada has been a very good partner to the united states and the nafta agreement there's a lot of rhetoric go it coming out of there frankly peridot with virtually no economic understanding it's very sad to see this kind of noises coming out of the white house. so let's get to the bottom of this huge started this mess i mean the u.s. and europe say china breaks the rules limits investment and still sticks knology china and europe say the u.s. breaks the rules slapping tariffs on their goods and the u.s.'s china and europe also have their own tower if sense so they are to blame so who really america

responsibility for this standoff. well at least we all agree the someone else is to be blamed seems to be the common denominator basically you know i mean china has been in many ways a good partner for the europeans but the kind of technology grab that happened with . the request of technology transfers for european companies to china the kind of from lopsidedness of using a market for getting europeans into the market i think they china possibly actually has overplayed its card so i think facility munster and the european commission on the member states have a good reason to challenge china on this one and i guess that the reason the us is out of beijing indicate that china is moving and opening up some sectors faster than many people believe when it comes to u.s. china frankly there is there is nothing we can anticipate because there is a lot of flip flops coming over we have a deep relationship a single

a ship that will survive this administration but also we have a relationship which is now being challenged and we have to see how to contain the damage again the whole discussion on protectionism the whole blaming everyone else is taking place with the background of extremely strong economic growth we have full employment in the us for full employment in europe economic wise to conk it better than this and this is not going to last this might actually lead to a slowdown next year particularly as trump put the american economy on a sugar high given the tax refunds and then next year the economy that slow down and then the sanctions talk of the kind of i blame you will actually really start to bite the real economy so in a way the politicians in a way have a nice backdrop in order to talk about all of this because sanctions are not as free delavan to what the economy slows down that is really going to hurt so well

the world economy feel if us and china and the world to vegas economists lock horns and the e.u. is caught up in this mess i mean the american terrorist and here pain could have already lacked the one great depression in its thirty's is there real risk there now no one. well at this stage no because i mean look at my own country germany the economy's on the verge of overheating at that time we had a very different setting high debt europe doesn't have high debt your have very protective borders the terrorists are very low at this stage so luckily we are not anywhere close to the thirty's but of course that's concerning it could well be a slippery slope where the two largest economies of the world europe and the us are basically is struggling it out the third one is it's also who locked into a trade war frankly i'd come see this coming i think that at one stage in

particular with the slowdown of the economy in view there's going to be some reasoning yes there will be damage yes there will be supply side struggles companies will be stressed out and certainly some consumers will be paying more in the u.s. in europe and frankly also here in china but eventually i think that reasoning will set in but maybe to the phone this one. here and say so obviously wants to cut china's access to high end technologies and he sat that what's happening now is a war for innovation not a trade war if that's so who is gonna come out of this winner. yeah that's a real serious issue of trade discrepancies and throw. threats off a soyuz be in tariff increases again harley davidson and tennessee whisky at each other it's not really that much of a derailing force but technology this is what really the system the congress the pentagon deep down in the u.s.

people want to withhold from china for the reason that china has been catching up very fast to came out with a program called made in china twenty twenty five where my former organization european chambre has made a very distance of a study showing where china wants to be global leader in ten years from now and given the fact that this is all state sponsored and this is all state guided. we have worries about that market forces will be will be killed in the process so that the way how to maintain. superiority in the u.s. and possibly also in europe in comparison to china this is the big topic and china i'm sure has pretty much aware of this so yes the movie in a concerted attempt made wallace. to see what technologies flow into china which don't see the world around us is being so loose with barriers and borders can you really slow down the transfer of technology across the globe these days i mean with

so many ways to share information there's going to be asshole in any wall you built now. yeah i guess that the honestly even despite the internet and speed of flow and everything and it's possible i mean you start with restricting chinese companies of investing in the u.s. . has been strengthened excess of chinese communist europe has been exceptionally open this might change and then of course then chinese companies can buy these companies they want to buy in which they have outlined their made in china twenty twenty five strategy that they want these companies in geom all in robotics and semiconductors to grow china has to have technology access and this is not just hacking or stealing china wants to genuine develop in there and hence that will be made more difficult and it can go down the road off preventing european or us companies investing in china and certain areas and all the way and that seems to be

the discussion in the us right now that you are constraining chinese students to study in certain areas in the u.s. as well as constraining u.s. citizens working in china i mean it gets rid of person the end and the loser will be definitely on both sides so whatever is going on right now you touched upon this earlier how exactly is this going to affect us how will this mass impact and average. i think a joe sixpack in the u.s. will possibly pay more for a couple of items the chinese have been targeting areas where basically it's hurts the farmers so you have beans one of those the chinese have been identifying in the swing states of the republicans on don't trans backyard where the most the germans and the europeans have done the same thing so you can

actually expect joe sixpack in particular those swing states to take a hit i don't know how the president is going to sell this us an advantage and then of course the comment you factor is will have to pay more for steel that makes their cars less competitive on global markets and in europe as well i mean we will all be tariff taxation on average people depends on which area it is and the same time the kind of withholding of technologies we earn money from our knowledge we sell licenses we sell technologies we want to cash in on this and basically getting told not to do this is hurting business profits so overall it's not a pretty sight frankly so why is it that just recently there were deals in the works that would have globalized the hell out of the transpacific and transatlantic trade and it seemed like the free trade deals where in those and just sit here as they are all this free trade deals are bad and everyone is going to protectionist what's

going on what's happening. it's very easy to trump a select but you know i mean it's a shame the t.p. . fell off the table because c.p.u. was an excellent. asian pacific agreement not just on lowering terrace that's way beyond it to agree on labor standards to agree on the free information flow to agree also environmental laws because all of that is something where a lot of countries actually are abide by the international rules and in particular and of course that was a big target on china chinese as always don't and so in a way that was an attempt in order to get the whole pacific rim to agree on a certain level of production this is the quality of behalf of this is good for our people and trying through this out five minutes after he took office so he now says that he is reconsiders it i think he has seen it was

a massive blunder and it has cost certainly his allies to think about how reliable the us contractural partner when you also see that action the us agrees on paris the us agrees on iran and pulls out of that if i'm can juggle from north korea i will sing five times before signing up something with trump because i don't know if the guy's going to keep his promise in the first place so hanum it's of course are crying foul warnings that messing with free trade is bad but if the free trade approach just doesn't benefit ordinary people if the real folks don't see their share of global profit maybe the free trade thinking isn't the way to go . well i guess that all of us in the west particular europeans i guess have just started this process have to do some soul searching globalization was like like god was definitely going to benefit everyone and it's

a good thing and became very ideological but it did not benefit everyone some people got very rich very fast and other people have since ten years not seen a single salary increase so globalization i guess should be viewed a little bit more in separate colors it has left losers behind these losers are voting against it we have to see how we basically integrate those people again globalization as such will have to go through a redefinition i guess. and it's not going to be the solution to everything at the same time protectionism is not the answer to all of this is just that they're running a leech of the rich guys the banker is many business elite possibly never thought about joe six packs and whatever country not benefiting from this and this is the payback time now all right mr whitaker thank you very much for the sense that it's been great talking to you were talking to europe with ken former president of the

e.u. chamber of commerce in china talking about a possible freeway trade war between the u.s. curable and china and what will it mean for the global economy that's it for this edition of southie uncaught see you next time.

yes home you know. what was the last time that you went on the internet no i'm not using to meet these village is it safe to say. are you sure there is no actual music ters there and they are all going to be sure the baby does a class of his those that. want. to support the woman only thought. is dead as part of that was a different it's. a. bit more work i was. previously yes they are being false form in where he was a member of the society. yeah there was.

this and rather trendy over the past few years to talk about the new world order fair enough the recent g seven combat in canada in trunks decision to engage north korea are just two examples pax americana is undergoing a significant trend. we were. with. was.

for the fifa world cup here in russia russia. was. so we got three games ahead this friday coming up. with. the other news this friday donald trump reportedly admitted to. russia during a private dinner at the g. seven summit in canada. representing

a family. he claims to have an account of the. from an anonymous police. twenty fifty. five never good morning for me kevin i mean this fifteenth of june just ten am here mosco you watching. hey teen pfieffer world cup got off to a glorious start russia last night in the five nil thrashing of saudi arabia in the opening much electrified supporters across the country and set the stage for the rest of the tournament to now the focus shifts to the southern resort city of sochi next to one of the most anticipated matches in the championship portugal v spain.

but the world cup started of course with the grand opening ceremony last like i mentioned. robbie williams performs brazil's top player now that was there with a small russian boy it took the first kick of the taunt to but it was a huge night to be in moscow. all right people look at that hour oh.

it's just so friendly and welcoming and i mean it's as good as we were hoping that he'd be in the hot tub russian hackers have to get like you. but you're expecting it. will warm up in there like i'm not going to delay that. america was. so much for the love you come up with this. i so just in free for says nearly seventy thousand people came to the fan zone in moscow thursday every city hosting the told us got one supporters who couldn't get tickets for the matches can watch the games and enjoy special events that have been laid on for them in those places and the world cup spirit even reached the un security council they are in new york looking splendid diplomat showing up at the h.q. there in new york wearing then relative at respective. kits they pose for photos and even a bit of an impromptu knock around with sex and so you could here is acting as

a referee it again the passengers were there to watch the opening ceremony and the game two in russia and saudi arabia now talking of the only much itself throughout the evening my colleague andrew farmer and star hosts. peter schmeichel and yes he was a marine yo with us live gave a play by play break. yes hello again and. russia had a magical start here more than a little way the saudis absolutely came with night to talk about it peter schmeichel former nine united goalkeeper and also the man united manager jason really i think it's fair to say isn't it to be but this is exactly what russia needed it's going to do so much good for for the holiday and it's for the

atmosphere around the russian team i mean i've been traveling around russian off six months and it's very little positive i've heard about the team they have now won five of those and they've convinced people that they can actually play football and compete at this level and i hope the russians are not like the portuguese because for us the distance between super optimistic and pessimistic is very strong and i think they're they didn't have reasons for be so pessimistic but now i'm a bit like like people see it. because of course is a great result of course maybe one wall becomes crucial when all's egypt and russia to finish with four points which is very possible to happen.

i. i. i told him second match you say you have a white clash between spain and portugal that's taking place in sochi on friday i mean i was ahead and i clearly was you know you and i he made a prediction about portugal against spain this is what he said. portugal in spain no pressure at all because they know that both are going to qualify so i can imagine a fantastic match between dupion champion. researchers say probably the best team at the time i would have mark bosnich and sports pundit. to tell us how he sees his team's chances for the tony we had

a difficult qualifying campaign we had to go through the playoffs we played syria in a playoff and basically syria hit the post in the last minute if they had scored that goal they would have went through then we played on their wrist and beat them quite convincingly then the manager resigned and also called us all to leave before he resigned just out of the blue. stepped in he's only had the team maybe for three months in total he's had a camp with them in turkey look it's going to be very very difficult i've been against france that we saw in two thousand and six the same got to last sixteen australia's best record ever in two thousand and ten they got knocked out of the first round but they had the same points as two thousand and six any difference being the goal difference i've been in game two thousand and six we want three one i've been in game two thousand and ten against every loss for neil so this game against france is going to be absolutely everything for us we're going to have to leave it there are a much idea thank you to somebody else but it just to give you an idea how big these guys i'm on the books. i found.

out how to lose my cool well sokoto was some former football superstars to a party that wrapped up the first day of the tournament it was a big game and a very good victory for russia our nurse if we were to start to turn on and it was amazing the way the crowd was responding to the game amazing well done i think that russia deserved to win and i'm happy for the russians i think it's beautiful for the world cup everybody had to be a great great start loud last football so this is good football out of goals and a joy specially also with all the people here in russia definitely i would like russia to go as far as possible because all the scientific all the first game you see so we went through we did have one and now having the chance you feel we need a second game against egypt to potentially be qualify straight away. now we're

going to take you all round this stuff the only much was also a very special moment for one russian girl as well we got stories behind the scenes coming up as well over a coverage and telling them account of her an athlete with down syndrome was the one who got to flip the coin for the start of the match and got a bit of her story next. if you. put up the scum in the form of folks do you think she. was right. i'm not saying only for people here and human rights to. just sort of stick out your charade. that. that's going to. eat it up that's just me and if that's something you hits you look.

like you actually care because you're. kept. her. cool. so today then we got three fishes lined up you probably want to offend anyone by saying that today's headliner is going to be spain against portugal that takes place at nine pm moscow time the earliest i mean watch today's uruguay vs egypt.