his comments come two days before the us president and china's xi jinping are set to meet at the 620 gentina. 6eoffrey 6arrett from the university of pennsylvania and told me why the us is going into this meeting with such a strong hand. there are two reasons the us is in a relatively strong bargaining position. the first one is that the chinese domestic economy is that the chinese domestic economy is experiencing real wobbles, where as the uf economy looks like it is going from strength to strength. the second one is the asymmetric dependence in the relationship, simply put, china needs the us economy more than america needs the chinese economy. that does get president trump the bargaining upper hand. you are saying that investment, rather than trade, hand. you are saying that investment, ratherthan trade, is hand. you are saying that investment, rather than trade, is a good way of fixing this. we know that there are issues around investment, particularly chinese investment, particularly chinese investment into the us national security and other concerns, how can this be an easy fit?

he made the us — china trade war. he made the comments in shanghai. pledge to create more than a million jobs in the us because of the tradable launched by president trump. trade war is the most stupid thing in this world. trade is to have peace, to communicate. there would be no trade deficit issue in the next two years because of technology. that is what he thinks about the tradable. let's look at the trade markets. they are high. most investors taking her wait and see attitude towards the us midterms. awaiting the results. we also saw resources stocks doing well with oil prices rising after sanctions reinstated against iran and stop after the fourth fatal stabbing in london in less than a week the city's mayor has warned in less than a week the city's mayor has warned it could take a decade to bring knife crime under control. in the past week two men and and two teenage boys have been stabbed to death. the rise in violent crime has provoked a new debate about cuts in police numbers in england and wales. here's our home editor mark easton hundreds o

mike pence criticised china's belt and road initiative and said that the us would help redevelop and l base in papua new guinea as well is spending $1 billion for electricity infrastructure across the country. china is also investing heavily in png to win its hearts and minds. from poor moresby our reporter. a grand welcome for a new friend. papua new guinea rolled out the red carpet for chain's president xi jinping, in town for apec and a state meeting. thousands of people have give that gathered here just to catch a glimpse of the president. this boulevard was paid for by beijing and it is the same thing across the country. 90% of the roads here are built in some way or another with help from china. this is infrastructure that papua new guinea really needs. china has not been shy about showing off where it spends its money. roads, highways, convention centres all bankrolled by beijing. but the way it does business here with little transparency has raised anti— chinese sentiment. but there are locals here to see china as a friend. this woman is the ambassador for the china papua new

if a company like us, a small start—up manufacturing company, at mainline china we would sign a suicide for us. effectively. patents are crucial for us. taiwan has a respect for ip that is equal to the us. kinestro is one ofan is equal to the us. kinestro is one of an increasing number of multinationals, including 6oogle and amazon, that have already set up manufacturing and research facilities in taiwan. that's in the past three years, or they hope to in the near future. taiwan is actively trying to attract foreign companies with promotional videos, such as this one. taiwan's economic officials tout the island's advantages. translation: our industrial clusters are ready. our industrial clusters are ready. our talent is ready. the investors understand the trade war is long—term, so they are definitely reassessing where to locate their production bases. this future industrial park located in sinju county, known as taiwan's silicon valley, is among 11100 hectares of land taiwan plans to make available for investors. like many countries, taiwan faces a lot of risks from the ongoing us chin

our assumption is by middle 2019 we should have a trade deal between the us and china. and the us and japan. what about slowing growth, higher interest rates, is this impacting the bottom line of major companies? if you look at the previous earnings season in the united states most companies were quite positive on guidance, so we have a disconnect between what companies are saying and what is happening on the stock market. that is fairly typical of late cycle nervousness. in terms of fundamentals, things look very good. let's catch up on the weather team in india as whatsapp has appointed a new boss for its operations. crossing to mumbai and bbc‘s samira hashmi, is this because of incidents happening in recent months? that is right, over the last couple of years there have been lynchings and mob beatings because of messages, fake m essa 9 es beatings because of messages, fake messages circulated on whatsapp, and ever since these incidents have taken place, ever since these incidents have ta ken place, the ever since these incidents have taken place, the indian government

between the us and china, orare tensions between the us and china, or are there other factors at work also what we are seeing is a slowdown in china. the government is mindful of this, even yesterday with the release of the pmi data, it is believed the government got together and said what do we do to support the economy? the key risk is that the economy? the key risk is that the chinese overstimulate, at the same time the us over titans and that would lead to a bit of a collocated start to 2019. complicated, use a. we already see the chinese in a bear market, we see their policies to rewind things, how can they manage that? it will be an issue of fiscal support. to forget, any easing we have seen monetary wise should flow into the economy into the end of the years. there will probably be a focus on tax and lowering tax. when you look across the board in terms of the fundamentals in this kind of market, what we are finding interesting is the fallen angels. copies who have disabilities but share prices have been driven down. let's look at the world ‘s most valuable market, apple, jute

china retaliates, but also on the side of exports. going forward, how can we predict how these economies will be in fact it, the us, also china. head of the federal reserve, jerome powell, was talking yesterday in new york and he was scaling back perhaps the thinking of interest rate rises in the us next year, which would imply the thinking is changing about the economic outlook for the us. it's extremely difficult to predict a. what we're seeing our already is radical uncertainty in its purist form. the trade war is creating the sense of it being hard to see what's next. what is clear, given the structure of the global business system and given how intertwined to be american and chinese economy are, it would affect them both deeply —— the american. it's notjust about trade but about finding a new global governance structure of this arrangement. isabella weber, thank you for giving us your analysis. we will keep you across the g20 summit. let's stay with argentina, because the host of this weekend's g20 summit has been battling a deep economic crisis. it's hoping rising global demand for its agricultural products could be the k

after demand dried up due to a trade war between the us and china. after demand dried up due to a trade war between the us and chinam after demand dried up due to a trade war between the us and china. it has affected us financially. at this point, i have not sold everything yet. there is still time for the prizes to go back up. a farmer is a lwa ys prizes to go back up. a farmer is always optimistic. although indian is heavily reliant on agriculture and manufacturing, tariffs have yet to really be felt economically. which is why voters have chosen to focus on other issues. i do not think tariffs are going to have much to do with voter decisions. maybe 1% might think about it. they will be thinking about immigration, the hot button social issues. that has meant that most have turned their attention instead to how they feel about the president, with some queueing hoursjust to about the president, with some queueing hours just to sit president trump speak. 0ur terrace something you care about? not really. i think

imports into the us with tariffs. and chinaut has less wiggle room to manoeuvre as the us buyer is much more from china than it exports from the mainland —— buys. we will have to wait and see those developments in buenos aires between president xi jinping and president trump, sally. thanks a lot, rico, see you again soon. now let's brief you on some other business stories. italy's government says it will stick to its high—spending budget plans, setting up a potential stand—off with the european union over its deficit. the european commission has already threatened italy with fines unless the plan is revised. the italian government says it will end poverty by trebling the previous government's planned budget deficit. a study claims prime minister theresa may's brexit deal —— we still have time to look at markets really quickly. i mention the fact, and rico mention the fact, that the comments to the wall street journal about trade have unnerved investors, but also we have a fall in technology stocks yet again because of concerns

a short time ago i asked orville schell, the director of the asia society's centre on us—china relationsk in so far as the united states and china are sort of the keystone of the global arch of trade, we are seeing a lot of stress and strains. and i think the vexing pa rt and strains. and i think the vexing part of the present dilemma is that we keep passing milestones where the us and china might come to some new agreement, but we keep sliding by it without any new, interesting and kind of bold proposals, and the so we get further and further down the line towards kind of a engagement decoupling, which is worrisome and dangerous. worrisome and dangerous, you say, but will the current midterms and the outcome of it make a difference in terms of resolving some of these tensions? well, i think actually the election will not be of great consequence to us—china stand—off, because paradoxically in washington now one of the very few things that the republicans and democrats seem to be able to agree on is that we ought to have a more forceful policy towards china. so i think whoever gets electe

economy is growing really strongly, but that being said china has a lot more tools to use it do to say, we are not doing this any more, we are respecting this? firstly, they have to admit there is a problem. the chinese government is insistent that chinese are not stealing ip from western companies, so they would have to admit it, the beginning, but then they would have to show they are cracking down on it. now let's talk about the women who are going to be in the us congress for the very first time, two muslim women. congratulations to them, and also we have the new york democrat, the 29—year—old. them, and also we have the new york democrat, the 29-year-old. two 29—year—olds! democrat, the 29-year-old. two 29-year-olds! whiten it, quite a result for women. give your take on that. -- quite a night, quite a result. a really high turnout for female voters. i think it is positive no matter what your political leanings, just because the more prospectives you have the better your policy making, i think. thoughtful disagreement, something... it is quite interesting to have that

trade wars, us and china is very much top of the agenda. sticking with europe...ahead of that meeting between president cheapening and donald trump and they are in negative territory now. president xi. that 620 summit in argentina means the global economy is very much in the spotlight, and there are plenty of other big economic stories around this week. there's been a string of reports about what brexit will mean for the british economy and the price of oil has continued to fall. 0ur economics correspondent, andrew walker, is here. andrew, as always, it is just getting busier and busier for you. how is life these days? do you ever get breast? if it is not brexit, it is oil and if it is not oil, it is trade. —— do you ever get any rest? there is a plan for the new trade deal the united states, mexico and canada have negotiated. nafta was a lot easier. there was a plan for that to be signed by the three leaders in the margins of the summit. due to happen in a little over three hours' time. we do not know whether they will nail it down because there are some continui

china this year or next year? it's an important piece of business and the us largest expert. >> us china relationship is exporting to us and a quarter of a commercial aircraft delivery go to china today and very important market for us. look at the growing global aerospace market and the world needs 43,000 new airplanes over the next 20 years and 7,000 of those are in china. here in the us aerospace is the biggest trade surplus generator and $80 billion of surplus per year and boeing business and supply chain is the biggest piece that. maria: i know it's the second largest market and the industry really but this is where the growth is. talk to us about why there's a good happening in china. billions have not even been on a plane before and you think that's going to grow your business even more? >> it's a long-term sustained growth business. it's the incredible strength of the aerospace market place. look at passenger traffic around the world is growing at 67% a year driven principally by middle-class people that are committed to the traveling public for the very first time in her life. think every year now we are

local organizations some of them trying to get benefit from china things like that has been seeing us china trying to interfere in our election do you think the china's leaders will feel that their strategy of strangling taiwan economically diplomatically is working and that now they're going to double down on their efforts to try to bring about reunification in five to ten years even sooner . that is something that many people here in taiwan have been discussing about in taiwan selection committee seeing. chinese success all their interference then it's going to be very difficult to stop china from trying again and again or double down on the interference in action and this is only a little coy election and we have seen china trying to interfere in the election process when we have the nation oil action in two thousand and twenty china might want to gear up its interference campaign against taiwan but i slice a little bit china might play a little part in the most important part is the people's decision and us i see it you know people are intelligent enough to the site you know what is rig

major deal breakthrough, after which tariffs are removed and suddenly we have this trade between us and chinae need to remember that this is not just about trade. this is about the competition between the us and china, the two largest economies, this is the great power rivalry between them across multiple dimensions, economic, trade, military, political, geopolitical, so military, political, geopolitical, so it won't be the end to these tensions. what we might get is we have some sort of ideal, perhaps delaying the tariffs that were to be increased from 10— 25% this january and that might boost sentiment and help provide some relief to market, but it is going to be long—lasting. perhaps some temporary result to the market. there is an issue, that at these big events, apec was another one, we are not getting these joint communique is, we are not getting some form of statement even that they are willing to work together. what will it take? dragging the rest of the world into a trade war isn't good for anyone. that is not what donald trump thinks. what will it take? there are reports that are su

china is stepping up its sphere of influence. our asian business correspondence sent usf dollars in aid and investment in papua and new guinea. apec may not have been able to have been held in port moresby, the capital of papua and new guinea. but this new friendship is raising concern in some other quarters, namely with australia and the united states in america. they seek beijing's cheque—book diplomacy as a way to china to exert more influence in a pa rt china to exert more influence in a part of the world which is strategically very important to them so strategically very important to them so what can we expect over the next few days? perhaps more trade and aid deals from china for popular new guinea but also from the united states, australia and japan. this country has become the latest battleground between the west and china. now let's brief you on some other business stories. facebook faces a new controversy over alleged tactics it used to discredit its critics, embarrass rivalfirms and downplay problems at the company. the new york times has published a wide—rang

as investors battle a range of factors from a loss on wall street, lower oil prices, brexit and us/ chinah us. i'm rico hizon. sport today is coming up next. before sport today, let's bring you up before sport today, let's bring you up to date with the main headlines: terms for a draft brexit agreement between britain and other members of the eu have been agreed, but already some members of the uk parliament have said it would be acceptable. 44 people are now known to have died in the worst wildfires in the history of california. firefighters say they're making of california. firefighters say they‘ re making progress of california. firefighters say they're making progress in tackling two of the worst blazes —— won't be an acceptable. turning to badger culling, because an independent review has found it only has a modest effect in reducing the spread of tb to cattle. the report suggests cattle play a bigger role in passing it on. jon kay reports. they seem fine, but look closely. the small green ear tags show that these cattle have tb. so these cows here are tested positive. 2a of rob harr

us growth. how strong is it against the backdrop of an ongoing traits but with china. of the us dollar, how much will that hurt american companies train to compete abroad? so that was michelle in new york for is explaining what is happening on wall street. let's go to our asia business hub now where sharanjit leyl has been keeping a keen eye on those asian markets. talking about some of the issues the night before we saw some serious declines for some asian stocks. absolutely. the asian markets were following on from the us. the tokyo market dropped well over 3% earlier. it seems to have given back some of those losses now howeverjust like the us, those concerns over apple suppliers have hit asian mark suppliers have hit asian mark suppliers —— markets as well and there has been a big sell—off in tech companies, some diving well over 8%. taiwanese suppliers of the iphone a deep in the red. oil prices we re iphone a deep in the red. oil prices were mentioned earlier, they were the other reason for falls hitting energy and resource stocks in the region, particularly in a

across china millions of cameras are watching citizens every move and scoring their behavior when used investigates china's surveillance crackdown. on al jazeera. more leaks more evidence of more pressure on saudi arabia over the murder of jon. he has another audio recording that contradicts the kingdom's claims that journalist death was not premeditated the saudi narrative changes almost daily is there more to come from turkey this is inside story. other than oracle welcome to the program saudi arabia has given numerous versions of what happened to journalist jamal khashoggi at its consulate in istanbul it's always maintained crown prince one had been son knew nothing about the murder plot and says it will seek the death.

china's biggest tech firm is due to reveal its financial results — how much is a trade war with the usurting alibaba? live from london, that's our top story on friday 2nd november. china's alibaba — with a market value of approaching $400 billion — posts results later — we ask how exposed it is to trade tensions with the us. we'll also look at the likelihood of a trade deal between the us and china — after reports president trump is drafting a pact for the two nations. the european markets have opened in positive territory. and we'll be getting the inside track on those reports about a financial services deal between the eu and uk — how much substance is behind them? our business editor simonjack will be here. as british spy agency gchq opens its own instagram account, we want to know, what advice you would give it on creating the perfect post? let us know — just use the hashtag #bbcbizlive hello and welcome to business live. delaet us know your instagram secrets. for now... we start with alibaba — it's china's answer to amazon and ebay. and since it floated in new york four years ago

and china. mainly concerned the us and china. direct effects are quite limited, they are marginal. they are marginal. channel and uncertainty is really dragging on in less than. dragging on in less than. situation, we have brexit and also the need for more integration. the need for more integration. international stage but dairy week in germany. in germany. so what is your outlook for the eurozone? for the eurozone? how difficult will it get? it get? some are saying it could head back to recession? head back to recession? is early days to talk about recession. recession. a year on year basis, eurozone gdp is growing. is growing. and as that lifts we might see a bit of a bounce back in germany. of a bounce back in germany. ready, institutionally, for the next recession or a downturn. recession or a downturn. clearly more needs to be done on that front. that front. other day about italy in more detail. "the foundation of the smartphone of tomorrow". 3 inch tablet. into producton within months. cody godwin was there. and today they

us and it's not the two countries are the us and china do not already use the military force or start wars ok so in this way maybe people think that china are not that powerful because of china trying to be our friend but we now get even reports of china creating islands i know that china is surrounded by nato nations military but we also get now images of china being the warlike country as well there are many. issues that to remain in to be solved under this is seen to many other countries by china trying to resolve all the usual so we says the surrounding countries peaceful but britain didn't. publicly back the belt and rode massive keynesian infrastructure system to africa asia europe did you tell the british government they should publicly back it why did they not because of things like military. i think because it's. a different the political system compared to many western countries rather than to our among you for the country. and actually you u. k. is a quite a supportive you know last year. both on the road to. china u.k.'s chancing or to china it's time for you. at the momen

the chinese vice president was a key speaker and he said that china is willing to speak to the us to resolution to the trade row everyone is talking about. xi jinping spoke yesterday at the china international import expo and he reiterated what we heard xijinping say, that china isa we heard xijinping say, that china is a champion of globalisation and free trade and crucially he said they are committed to opening up their market. but to hear from two of china's top rows in two days suggests one thing, that they are immensely worried about this trade row. many of the trade partners are worried also. chief amongst them australia. i spoke to the former prime minister of australia and he had this to say. the key thing, in all of our engagements with beijing and washington, is to be able to say to both of them, quite directly, political leaders, business leaders, think tank is, that it is possible to carve a rational way through this and secondly it can be done if the us agrees in turn on what outcome it actually wants. i think the responsibility for all of us is to say the reason global

that is what part of the administration is preparing because of the issues that the us and china are t are not to be resolved in one conversation between xi jinping and donald trump. there are multiple issues the us wants china to a dress and vice—versa. there will be much more conversation about this. this is the beginning of the dialogue. thank you very much. let's brief you on some of the other stories making the news: donald trump's former lawyer has admitted misleading congress about the president's business activities in russia. michael cohen admitted making false statements about a project to build a skyscraper in moscow in a surprise court appearance in new york. president trump has accused him of lying. the current outbreak of ebola in the east of the democratic republic of congo is now the second biggest ever recorded, according to the health ministry. a26 cases and probable cases are now confirmed in and around the town of beni. only the west african epidemic, between 2013 and 2016, was bigger. unicef is highlighting what it calls a neglected and escalating crisis in the ce

this year the us has slapped import taxes or tariffs on almost half the products it buys from china —253 billion a year. and president trump has threatened to put tariffs on everything else if he doesn't get a deal he likes this weekend. china has responded with tariffs of its own — on the vast majority of us goods it imports, worth $110 billion a year. notice it's a much smallerfigure — the us runs a huge trade deficit with china — in other words it sells a lot less than it buys — to the tune of $375 billion a year. president trump wants that cut sharply. but he and others also accuse china of trading unfairly in other ways — especially by copying foreign technology. china is gradually opening up more to foreign companies — foreign direct investment was up more than 4% in the first half of this year — led by the tech sector. president xi is on a state visit to spain — and on wednesday he used a speech to the senate to promise to speed up the process. translation: henceforth china's doors to the outside world will not be closed but rather they will be opened even wider. we will greatl

he has warned of "turbulence and instability" becaused of the us—china trade war — but says alibaba wills. duncan clark is chairman of consultants bda china — and author of aliba ba: the house that jack ma built. the man who knows everything about jack ma. what is the single biggest threat to alibaba's future? you really named it, if there is a slowing chinese economy can, particularly a consumer slowdown. it affects alibaba particularly a consumer slowdown. it affects aliba ba and particularly a consumer slowdown. it affects alibaba and we will see with those results and in the coming weeks, the big single state, china's equivalent to valentine's day, the spending spree, whether there will be weakening. how much of a blow is it that jack ma will be stepping down is due. this tried to soften it as much as possible. it's not for another year or 11 months now. his long talked about building a company that would last 100 years. in his letter to shell holders, he said this is not the first time you space to crisis. china, facing a crisis, rather. he is trying to remove himself as much as pos

no deal due to the us—china trade war — apec members fail to agree on a joint statement for the firste in its history. and on the markets, it's a lacklustre start to a new trading week with the lack of progress on trade between us and chinese officials disappointing investors. the past week has been dominated by the fallout from the draft brexit agreement. what i'm sure i do not need to remind you. —— but i'm sure i do not need to remind you. today, ministers from the eu 27 are meeting to discuss the deal, and finalise the joint political declaration on future relations between the eu and the uk. so what are the big concerns for europe? first up, the divorce bill — the draft withdrawal agreement includes a "financial settlement" from the uk, thought to amount to around £39 billion, or about $50 billion, which is contingent on a withdrawal agreement being signed. northern ireland is also a key concern for the eu. it exported around $6 billion worth of goods to the eu in 2017. the draft agreement says the eu would work with the uk to agree a trade deal in order to avoid physical checks

using china rather. perhaps risking an international financial crisis maybe more because of the debt do you think we should the code statements made by some major nations when they criticize china i think for china to have its own system no matter its economy or political system and this may be the largest comes we. can say there is a population but during the process i think a wish for the gave the chinese government more support rise of more criticism because even for us government as there are not criticism even us creators so much trouble for the word press usual thank you thank you and that's it for the show we'll be back on monday with revelations of another p.r. spinning for saudi arabia in twenty four hours after the hundred year anniversary just a hip hop artist and i just know he will explain how world war one paved the way for a century of u.k. u.s. conflict until then you can talk about social media with your money forty nine years to the day that the bulk of major initial claims about syrian

overshadowed by protectionism speaking at the apec summit in papua new guinea he referred to the us china trade tensions and criticized president trump's america first policy. resorting to old practices such as protectionism unilateralism will not resolve problems but also adds the uncertainties to the global economy history tells us taking that road of confrontation whether in the form of a cold war open war or trade war will produce no win it under thomas has more from port moresby. the sea in apex stands for cooperation but there was less cooperation on display in the early speeches than the was regional competition particularly in the speeches a president g. of china and mike pence the vice president of the united states both those speeches were really a list of criticisms of the policies of the other country president g. was particularly focused on donald trump's tariff policies he said that trade wars only have losers and he called for terrorists to be wound down for his part mike pence used his speech to criticize china's loans across countries in the asia pacific region saying tho

continued trade tensions with china and the us. ia from china setting up stores in rural areas by the end of the year. let's go to by and we're joined areas by the end of the year. let's go to by and we'rejoined by areas by the end of the year. let's go to by and we're joined by sameer hashmi. they want to flood india with its smart phones? rico, it's already flooded in. if you look at the smart phone market, xiaomi is the smart phone market, xiaomi is the number one player in the market in the smartphone category and they've been consistent over the last two or three quarters. looking at the smart phone segment, 30% belongs to xiaomi in this highly competitive market but what's interesting is there going to open stores. xiaomi has always been an off—line driven business model, but they've realised in india, if you go deepin they've realised in india, if you go deep in the small cities and villages were tremendous growth is expected in the next two years, sales will come from not online sales. smart phone penetration is increasing a

-china policy, the coin,, intensification of use china strategic rivalry. n the on the one hand, countris appreciate a strong u.s. presence, security strategic presence in the region to balance against overly assertive behavior from china but they also are quite concerned about the prospect that tensions might really escalate into something more serious. the recent close encounter of u.s. navy destroyed with the chinese naval vessel caused a lot of concern in the region about tensions rising in the south china sea. and countries most important do not want to feel like they are forced to choose between partnership with the united states and partnership with china. i think it's an opportunity for vice president pence to give a reassuring message along those lines that the free and open pacific come free and open indo-pacific is a stretch about maintaining an open, inclusive architecture that is supportive to everyone. >> well, my task is to talk a little bit about aipac and trade, editor that much to say. expectations are low, and they probably won't be fulfil

china welcomes the world as it talks global trade in beijing. but will the trip he overshadowed by its dispute with the us over tariffs? live from london, that's our top story on tuesday the 6th of november. in beijing china hosts top trade officials — while in shanghai it's trying to convince thousands of foreign firms that it's open for business and that it does plays fair. we will talk you through what is at sta ke. also in the programme... as the us goes to the polls — we'll find out what role tariffs could play in the midterms. for financial markets in forfinancial markets in europe, the trading day has begun. it is a mixed picture for now, we will talk you through the winners and losers. how do you persuade kids to turn off the computer and get outside? we speak to one entrepreneur who's trying to help keep but you needs an app to access it! and one in five britons have already done their christmas shopping — unlike their european neighbours — so are people in the uk particularly organised 7 let us know, have you done yours? i haven't! just use the hashtag #bbcbizlive. i have to say, i wish i was on

president all tromped to cancel his one on one meeting with russia's vladimir putin of the us china trade war has focused attention on talks between china and china's president and there are also questions about how to handle the awkward presence of the saudi crown prince mohammed bin solomon who has been linked to the killing of saudi journalists so we have a lot of ground to cover let's go to our correspondents and in a moment we'll talk to alan fischer about the situation he is standing by in the clone theater where. leaders will attend a cultural event and the coming hours first let's talk trade with kimberly health that she's at the cost of us out of the argentinean president's mansion so kimberly there's been a and lot of talk a lot of back and forth in this trade war this tit for tat with u.s. and china which means there's a lot of focus on this meeting that supposed to happen between those two leaders this weekend what do we know about this the potential for any type of progress. yeah there's a lot of optimism but whether or not this can be pulled off it's still a long shot that's

like china the us doesn't want to tie you down it just wants you to do things the american way so it doesn't have to punish you the united states offers a better option we don't drown our partners in sea of debt we don't coerce compromise your independence with a lot to say on the local fun club at hand if this was a custody battle siege in pain good get the kids the red carpets were rolled the bones plates chinese flanks were waved clearly papua new guinea has already been wooed by the middle kings but how do the other countries feel some analysts say the u.s. still has its trump card and despite all this america first talk many countries in the region still crave a slice of the american pie the truck to put it. recent or an excuse for small countries to are asked for additional help from the united states to hedge against china and i think this is wonderful news for the small countries despite this the division and disagreement between china and the us and the rivalry among them are escalating i think it is very much an opportunity rather than something i grew up i'm actually not b

looking at this, thinking that from a wider perspective, china needs the us more than the us needs china0, chinese president will look about how he can change policy in china to try and kicked the effect of the trade wars to dissipate. all right, we will leave it there, you are back later. some interesting stories to discuss including the value of further education, get in touch with your thoughts. still to come as the living wage rises we should look at how you should negotiate next pay rise. i will be listening to that! you're with business live from bbc news. if you work for an employer who signed up for the real living wage in the uk, you could be set for a pay rise this week. the minimum hourly rate will rise to £9 across the uk and to £10.55 in london. lola mcevoy from the living wage foundation is joining us. first of all, explain to me, not all companies abide by the living wage, what percentage have you got on board? that's right, i rate is voluntarily paid by a700 uk businesses, they stepped up to go further than the government minimum because the real living wage is based on t

being overshadowed by protectionism speaking at the apec summit in papua new guinea he referred to us china trade tensions calling protectionist actions shortsighted and doomed to fail us president onil trumps decision to skip the yearly event has allowed them to take center stage at that summit and are some thomas joins us live from the summit so there have been opening remarks so far what is the tone and are. or a shell the sea in a perfect stance for cooperation but in the speeches that leaders have been giving so far on saturday it seems so stirred more for regional competition and certainly that is true first of foremost for the speeches of both paying and mike pence that he speaks as well from political leaders of russia malaysia australia and chile but it was really those two speeches because the vice president of the u.s. mike pence i was the president of china they represent the two biggest economies that are part of the group now mike pence used his speech really to take a lot of digs at china particularly the way that china goes around making loans he warned other countries repre

the us china with 3 rounds of tariffs — $53,000,000,000 worth of goods. china then retaliated.umpposmac10% tariff was tiny and is set tojump to trumpposmac10% tariff was tiny and is set to jump to 25% byjanuary u nless is set to jump to 25% byjanuary unless a deal is reached. the trade bought is a stark contrast to last yearposmac t20 where they had a message and this was a pledge to resist all forms of detection —ism. revised declaration was sent out a few months later. —— protective. source of income in india has been struggling in recent years. this ca rava n struggling in recent years. this caravan of camels is headed to the largest camel fair in western india. they walk for 15 days with these camels they plan to sell. but for the past few years, he has been struggling to get ideas. translation: earlier we sold the camel for $700 which helped to raise my family but now that by the camel for $70. last year almost 4000 camels came to the fair but only 20% we re camels came to the fair but only 20% were sold. 1 of the reasons it is hurting the business is state laws prohibitin

us here on the. thank you airbus and boeing have called for an end to the u.s. china trade dispute executives of the two worlds largest plane makers and bitter rivals made the announcement at an air show in china country has become a key hunting ground for aircraft manufacturers looking to expand their business because of the surge in air travel to companies worried that the ongoing trade conflict could deal rail orders from china passenger aircraft or one of china's biggest imports from both the u.s. and europe conflicts could push beijing to look for alternative options. in germany one of the most developed countries in the world some people still struggle to get mobile phone reception with the old three g. and four g. networks meanwhile the next generation is almost you know it's still a daily new since for many germans searching for good network coverage many find this unacceptable for a leading industrial nation. things haven't been up to scratch so far with the theater i'm just asking that we actually get what's promised at the spectrum auction this time chronic

year he's only sold half his soy harvest after demand dried up due to a trade war between the us and chinaalthough indiana is heavily reliant on agriculture and manufacturing, tariffs have yet to really be felt here economically, which is why voters have chosen to focus on other issues. i don't think tariffs are going to have much to do

across china millions of cameras are watching citizens every move and scoring their behavior when used investigates china's surveillance crackdown. on al jazeera. more leaks more evidence of more pressure on saudi arabia over the murder of john. to he has another recording that contradicts the kingdom's claims that journalists death was not premeditated the saudi narrative changes almost daily is there more to come from turkey this is inside story. welcome to the program saudi arabia has given numerous versions of what happened to journalist jamal khashoggi at its consulate in istanbul it's always maintained crown prince one had been sunline knew nothing about the murder plot and says it will seek the death penalty for five saudi suspects but turkey says it has new information that differs completely from riyadh latest narrative the turkish newspaper haaretz says leaked audio has g.'s killings discussing how he would die before he even entered the consulate meanwhile muslims around the world have been remembering because shoji with funeral pres held and absentia in saudi arabia turkey

brexit, but still with trade, bloomberg is reporting on possible movement towards a truce in the us—chinacial markets, maybe. the new york times is looking at the irritant as far as president trump is concerned, his ongoing battle with parts of the media. it reports that a federaljudge is due to deliver a ruling today on the white house banning a cnn reporter from the building. and finally, to switzerland and the neue zuricher zeitung, which covers the astonishing amount of money paid at an auction in geneva for a diamond and pearl pendant that once belonged to marie antoinette — $36 million. that follows the 50 million for that pink diamond. jane is back. jane foley, senior foreign exchange strategist at rabobank. let us look at frankfurter allgemeine. the british to the eu. that is germany's take on yesterday. it is, exactly. it refers