parallel where they had no a summit or a trump basically walked away from a done deal is this a hint that the u.s. china tog south progressed about as much as those between washington and pyongyang the biggest difference is that. both beijing and washington at working level the there has to be a very substantial and very solid discussions almost on every detail of those deals including a lot of controversial issues so i think that at least at the working level both sides are working even much more substantial in to reach a very substantial progress so in that regard i think that you know if there are some a stew there some leave some room for the uncertainty but i think that it is a reason for the optimistic that the both sides would reach deal finally so does having a deal and greed that trump can support mean that the american tariff center out of

more terrorists and that trade war actually worked and the president has forced beijing into backing out of this stand up standoff well if i understand a question correctly i think that the from the u.s. perspective they think that. the the biggest the incentive for both sides to come to the negotiation table is the tariff and from beijing suppose specked if i think the biggest incentive for reaching to negotiation to come to the negotiation table is that both sides have the incentive to settle down their differences to iron out of their differences and to remove those tit for tat a tariff so that both sides kim were not to suffer from even for their loss. the u.s. is demanding that china lifts its tariffs of american products at the same time to u.s. measures may remain in place tail twenty twenty even if the two countries clinch

a deal anytime soon that's according to government sachs americans say such approach is designed to make sure china delivers on occasions under the deal says washington basically seeking to establish its oversight in china where the right to slap a terrorist whenever it wants to and will beijing agree to that well i think that this is still one of the most contentious issues and i do not know exactly what those kind of differences will be out finally but i think that from chinese perspective i think it's unfair for the because this is. the trade in negotiation and i think if i no deal would be accepted by both sides if it can be called a creative deal so in a kind of a. unilateral actions taken by one side to to to to have the leverage to try to have the penalties on the other side i think

that that may be one of the most difficult issues to be accepted by the others so what you do god i think that it will be the most contentious issues and i tend to believe that maybe we could find out a some more mutually acceptable terms that will make the in-force meant likely they will not be decided by only by one side so washington has accused the chinese high tech giant weiwei spying on behalf of beijing this accusations are pretty serious and though the company's leadership has denied all of them do you see that this issue could actually aggravate chata tensions even more. well you see i think that the most the chinese would believe that the case of our way is very much politically motivated and it is much more to do with the fact that the united states even more increasingly concerned about a competitive edge of those high tech industry and particularly those the flagship

. companies like huawei so they tried to take some pretty empty of measures to prevent huawei to be continue to have increasing presence in large market the shia and i think that this is what those very highly political motivated action and those so called the charges very accomplice so are you saying that the americans are basically trying to get rid of competition in this very lucrative felt well this whole affair because why away is one of the leading giants in. industry. yes definitely i think in terms of the budget investment in the past few decades always has already coupled with some other leading china's high tech communication companies they have already. been taking quite a leadership in that regard so i think that what the washington want to do is to

try to to to impede as such kind of a competitive edge by blocking the hallway or some other chinese leading companies continue to have their presence in advanced economies the united states europe or even japan and some other countries so jim political strategists and actually even elected officials and the white house are saying that the u.s. china tensions are here to stay america wants to china's economy to conform to what washington wants and china as a rising power is bound to try and roll back you know it says influence in the world so is there any kind of a win win scenario of the chair countries relationship or is it zero sum game. well see i think that in a kind of a win win prospect to well be largely determined by the but whether both sides would accept the fact that china to its political or economic

institutions were not be changed fundamentally washington want to be so it will not be a kind of a mirror image of the united states want and you see that the when we refer to those a market economy for instance there's no so called a a one size fits all models for the market economy and a china of course where you believe that we have being engaged with our opening up and reform and china's model for economic development in the past few decades has proved that it is successful and work for for china and we believe that those small those with with it's china's cut the risk takes work for china so if united states try to through those kind of a negotiation or pressure try to change fundamentally and based upon china's constitution that where china should change its political economic system it is

impossible so if you know if they finally live with this reality it is likely for both sides to reach consent in each but if if the united states continue to believe that through a continued press and to try to transform china to a kind of systems which is totally unlike what the united states want that is a kind of a mere rush so in your opinion what we have right now this us channel stand of as it more about economics or geopolitics at its foundation. both i think both because i think that the front page you suppose becht if china's approach to the u.s. or china's understanding of a bilateral relationship is quite a stable in the past four decades beijing always regarded by lot a relationship is a very complex it has elements of cooperation it also contains elements of competition and even some conflicts but the. bottom line is that both sides need to

find a good way to manage those differences and to prevent them from being escalated into a. head on confrontation but from the united states perspective i think that there is a growing consensus i would say the bipartisan consensus that they saying that their so-called past decades of engagement with china. just doesn't work and they hope that they are going to. through their even much more tougher or even some people call it a cut new containment policy or a new cold war strategy towards china they would press china to kowtow to washington's needs that is another kind of a i think kind of a reasonable assessment of the situation so in that regard from washington post back to those competition is not only on the front of economic specs they also look at china as a rising competitor or you've been a rivalry from

a strong strategic perspective residence our going to take a short break right now when we're back we'll continue talking chandan sours center advisor on economic diplomacy for china's foreign ministry discussing china's growing economic influence stay with us. what. the odds. my mom.

breaks and killed. what holds us do something to. put themselves on the line to get accepted or rejected. so when you want to be president or injured. or somehow want to be preached. to the right to be prosperous like the four three of them or can't believe. i'm interested always in the waters in my house. there's certain.

small same wrong why don't we all just don't call. me old yet to say proud disdain become educated and in gains from an equal betrayal. when so many find themselves worlds apart. just to look for common ground. the money polaski is dead right so the money velocity of a measure of money is being along down from bank to bank to bank bank bank which is a measure of economic health is dead and it the money printing continues to increase some sort of asking the question why is the money not getting into the economy they're printing more of it. is

a tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implemented for inside venezuela things through different we're going to announce sanctions against patrol to venezuela associate. in the school of a son of a moment to. get out of some critical data to move the people mad a moment the focus of the who story isn't new nixon called in henry kissinger to tell him that it would not be tolerated in latin america an alternative economic and social system could take hold and therefore the policy would be to make. the economy scream so wants to make you u.

conn of the of venezuela screed. and we're back with jen dunn tsawwassen air advisor on economic diplomacy for china's foreign ministry talking about china's will in today's global economy some as it does sound the world bank says that china's growth will slow down to six point two in two thousand and nineteen when india is set to overtake it if the trend continues i mean does this mean that the era of china's economic domination will be over before we got a chance to actually really begin. i think that you are right on one side economic

growth rate in china has relatively down compared with the past decade by the same time as i think that if compared with some other advanced economy considering the fact that china has already be done the but to. the biggest economy in the world the growth rate of china is still very impressive this is the first point the second point i believe that the more important thing is china's now more focus on how to improve its economic structure and by shifting from what we called a. quantity of oriented. only to a mode of development to a qualitative. growth model so i think that in the past year in the past few years chinese government as well as the business community has a hope leave that nowadays it is more important for china to invest more on those

high tech innovative industries and as well as the service industry and also to improve the consumption side of china so that to shift to china's economy from traditionally exports relate to one to a more a consumption one and a with regard to that of india and i think that india is still in a case of also india in the face of. transformation and it also takes a long time to for indian economy to transform from those very a relatively low income towards a relatively. middle income economy with focus on those and manufacturing as well as the high tech industries so i think that the both china and india in their new god i.e. it's a transitional period with that different level of different a degree. so china is

a major donor are today. the world bank but also the largest poor from it now the bank is to get new leadership very soon and trump's pick for their position has said that chair shouldn't get any more funds from this situation if the american candidate gets to had their situation will china because of from its well. see that this is a quite the steward debatable issues i think that. china included in some large number of what their own countries they will graduate from the so-called a low income or least developed a commie to a more middle or even upper. middle income status so i think this is a kind of achievements that the world economy have made in the past few decades and the world bank as well as other multilateral financials to shoes should reconsider their strategy how to shift their focus from those traditional supporting those

least developed economy to more larger a number of economy which have gradually from those traditions commission know to find a low income status and how to deal with those a large number of middle income economies economic advantage demands so china has launched its own asian infrastructure development bank it is also a member of the new development bank launched by the brics nations and both the situations are in some sense competitors for the world bank why is china silliman boring from everywhere makes sense to direct those funds to the nations that are at the bottom of the list of world's largest economists not at the top well i think that in terms of those. supported by the world bank i think they're gradually the world bank will contribute. increasingly.

the proportion of the found support in china's development or will be smaller in the past so in that regard i think that. china. will not think the world bank will be the biggest fund raiser for china's development but the same time the world bank for its past a decade of a. knowledge as well as expertise supporting the global development issues to stew it has an important function and the role to play for the global development strategy and its expertise in our region are more important nowadays then those found on money to self so i think that in the past few years during. the presidency of the world bank it has actually quite successfully transformed from world bank from the money. only money bank towards a more like a knowledgeable and so in that regard i think china's to appreciate

a lot of expertise and the knowledge of those world bank. though the u.s. and north korean summit in hanoi presence age of being was very helpful in dealing with north korea only a year ago washington was accusing beijing of sabotaging the talks how do you explain this change of tone from washington. well i think. i think a previous. it's been quite a random it's because the beijing has for the past a few years has been. playing a very stabilizing row to try to calm down the tension over the korean peninsula and always play a very active row to try to bring all the parties including united states and north korea to come to the negotiation or dialogue table so when proto truong.

two years ago and he tried to beijing of trying to stop targeted talk i think that it is a. reasonable. position now he said that the beijing has been more help for i think that. a couple of reasons one i think that maybe he tried to continue to try to you know appreciate beijing support in his to further negotiation with pain young and also he himself tried to maintain his a very good friendship with the printer she. same time i think that it's also his conviction that without beijing support it is impossible for a for washington and p. to reach any. agreement to which will be sustainable so trump has been saying that good things will happen to the north korean economy if it chooses to do nuclear

rise so let's assume for a second there appears dale has finally been great could there allow washington and track of the chinese our way through investment i mean how much of a threat was that before china's national security well i think the. support and also appreciate. the dialogue between washington the p.r. and we believe that the dialogue on the denuclearization plus the. down piece of. long peace. negotiation of for the long piece of this area is is in the interest of all parties and china in young. united states or russia or some other countries so i think that. in that regard beijing is seen sirup believe that as long as those negotiation

could continue and as long as. the pin young could through those are the negotiation and also the track of denuclearization and to continue its economic reform and opening up to a bit of good news for all parties and i think that beijing would it do its utmost to sort of to continue to support. the. opening up and the reform strategy if they me if they meet the same time i think that beijing would also try to walk very closely with both young and washington to make those negotiation a sustainable track so which means that we know those kind of negotiation would be very very complex and the long term and that these up and down is almost a. inevitable so even if there are some difficulties ahead of us i think that

beijing would continue to support both sides to be a patient to try to to try the other most to bring these two parties on the table as beijing could. so china is investing tens of billions of dollars in africa and washington is obviously not very happy about it u.s. national security advisor john bolton says china uses bribes and shady deals for its expansion and huge loans to hold african countries captive to its demands china seeking to establish itself as a string puller in africa. well i think that china's relationship with africa has been maintained on a very sound a foundation for many decades and i think that oppose africa country as a whole as well as. a china we have appreciated such kind of very

good economic politico and relationship i think that nowadays the british about much more comprehensive include the even wider spectrum of the people to people dialogue as well as many other cooperation on those. sustainable economic development of climate change as well as i think both sides also agree that they should china would help africa as a whole to invest more into those a sustainable security capacity beauty so in that regard i think that this relationship is based upon the equality and based upon the now going to innovation into those domestic into an office of each others and. in this kind of relationship is also carried out in a spirit of what we so i think that those washington's accusation. is it's a very pretty curious because if they tried to if washington tried to check those what isn't really main street thinking main street stream thinking in

african continent they were found that have a compete in general they're very supportive to those in the ever growing strengthen ties with beijing. thank you very much for this interview you were talking to chandan tsawwassen air advisor on economic diplomacy for china's foreign ministry discussing their working economic relations between us and china and their potential impact on the global economy that's it for this edition of surfing and co i'll see you next. join me every thursday on the alex salmond show and i'll be speaking to guest of

the world of politics small business i'm show business i'll see you then. you know world of big partisan movies lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bats and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. will make this manufacture consent to step into public wealth. when the ruling classes protect themselves. when the final merry go

round lifts only the one percent. we can all middle of the room signal. room in the real news room. i do think the number is something they've mastered us with over one trillion dollars in debt more than ten white collar crime families each day. eighty five percent of global wealth he longs to be old rich he puts one hundred five one. first record first second and fifth when rose to twenty thousand dollars. china's building two point one billion dollars ai industrial park but don't let the numbers over. the only number you need to remember one one business show you know ford commits one in only bloomberg.

finally robert muller has completed his investigation into so-called trump collusion with russia there are no additional indictments the report is finished but the fall out continues. on the phone lines smoke i don't they couldn't put them in the mud the muslim on muslim problems you know them better than a lot of photos and stuff to get a. lot of thought up was. just that they had nothing. she

was you make a. general but from the sun on my book you go to the british course that's enough of them. i mean they got. to. take.

two years of digging twenty five million dollars spent three thousand subpoenas sent and one conclusion there is no collusion between donald trump and russia during the twenty sixteen u.s. presidential election but that's not stopping the president's rivals from thinking . there's so much that needs to be you know taken a look at this point and so it's not the end of everything.