had china -- of u.s.-china diplomatic relations. it led off with jay. stapleton roy reflecting on his experiences growing up in china and this perspective -- his perspective on u.s.-china relations. >> thank you. let me get these out-of-the-way. good morning. >> good morning. honors a pleasure and an to meet with you this morning. the mission of global chinese connection as i understand it is to build relationships that will change the world. i am here this morning to talk about one of those relationships, the ties between china and the united states. it's a subject dear to my heart, and i think many of us here would agree that it's a relationship that has the potential to change the world. china for seven years during the japanese conflict in world war ii. my earliest memories of china as a three-year-old and four-year-old were of sitting in out and listening to bombs falling outside. believe that children are flagyl -- fragile blossoms and early childhood determines what you think about such issues, i should shudder in terror anytime i hear the name c

so it is true, globally, i would say. 0nce china goes to a country, once china invests a nd china goest will be much better if you can generate goodwill. but sometimes it will take time. let me give you an example. look at the bridge between hong kong, macau and china mainland. there are critics, many people say it will not make money. but i am sure in due time it will create so much benefit for the people in this part of china that eve ryo ne people in this part of china that everyone will be proud of that. and people will like you. alvin. you can never purchase respect, you can only earn it. this is my answer in response to parag. world is wondering what kind of rising power is going to be and what it will use its power for. so far there are positive aspect and people can see those and there are some negative aspect. but it is hard to say, still. i think the jury is still out and they are waiting to see if they can be convinced that china will use its power for lofty goals that it states in its beaches or is it going to bea states in its beaches or is it going to be a much more sharp

to china. in an economic sense, the u.s. is already very near both employment. it's questionable how many extra goods and services we can actually produce and send over to china. you might see some repackaging of purchases that would already be made in any case, maybe some pulling forward of purchases that could be made in subsequent years or commitments being routed, instead of going through third countries. like canada allies or australia or countries in southeast asia selling less, but instead having the purchases go from the u.s. to china. even if those purchases happen, i think there is a basic sort of contradiction that you're talking about between one of the major goals that the trump administration had in launching this negotiation. adam just mentioned them here. is encouraging china to be a more market-oriented economy. i mean, that is kind of the whole reason for launching this negotiation. when china decides to make these purchases, many will happen through state owned enterprises. m

of china. and this is not the way to have a good policy, and it's not the way to advance u.s. interests in the future. >> thank you so much. thank you so much, ambassador. i think we have run out of time, and we very much enjoyed this conversation about china that is growing, a country that has lifted hundreds of millions of people out of poverty that you often talk about in your reflections, and it's most definitely the most prominent hiss history of advancement in human history.

china is 1.3 billion, and you can imagine it's not an easyjob. so obviously china...b for who? for the leaders in china, in beijing. listen, i mean, china has actually done amazing things over the last a0 years. the economic reforms have basically lifted most poverty out of china, from the chinese. but how do you move that forward? now, we have 300 million middle class in china. how are you going to continue to meet those expectations? through increasing authoritarianism, then? well, i think there is a mix of — if you let all chinese behave the way they want to behave, i think china would be a very different place today. so i think you do need some sort of a top—down approach. but you're right. i mean, how much longer can you continue this way? but i think, for now, i think it's probably the best way for china, to have certain control, certain directions from the top. although hong kong operates very differently — that's why we have the two systems. hong kong is more market—driven, whereas china is more central, top—down approaches. so you accept, then, that there is

china is big china sponsor china. the nation is striving for talent to become the technology of the world. and road initiative in twenty first century silk road it's been called by the way the chinese martial plan dates back to campaign for global dominance but does the trade play. better sure we all know we cannot let mutual suspicion get the better of us from. europe one straight but. this has to lead to a reciprocity that we are still struggling to achieve using and a much finer. china. needs. european industries are increasingly falling under chinese control. it is going to create european enterprises need to get the same degree of access to the market as the chinese get in europe. china is a global player when it comes to digital infrastructure europeans have long been familiar with the dominance of chinese giants like who play. instruments spying on europe. none of us is naive. e.q. china relations facing new challenges time not even a thoughtful. the only one on hardball and you said you were looking for the cl

well, what's happening to china? is china different because of the scale of china? which is so much larger than all of these other countries. when did rampant economic growth begin in china? it didn't really begin with the reform and openness policies in '79. the period from '79 to '89 was a period of laying the basis for subsequent rapid growth in china. if you recall, they set up experimental economic zones in the south of china. and then you had the developments of '89 to '91 and then you reaffirmed in 1992. it was '93 when china's rapid growth took off. it was noted immediately by the american business community and it was totally ignored by the american political system which thought that nothing had happened. so we have only had about 25 years of rapid development in china. but what's going on in china right now? all of a sudden we discover that western ideas have become this dangerous element. so while we are saying that engagement with china failed, xi jinping is struggling with the influences that emerged as china has successfully modernized its economy and

of china. and this is not the way to have a good policy, and it's not the way to advance u.s. interests in the future. >> thank you so much. thank you so much, ambassador. i think we have run out of time, and we very much enjoyed this conversation about china that is growing, a country that has lifted hundreds of millions of people out of poverty that you often talk about in your reflections, and it's most definitely the most prominent hiss history of advancement in human history. i thank you for sharing with us these wonderful insights and your wisdom for going forward. thank you. >> thank you. thank you all. [ applause ] >>> now more from that event, which included a discussion on the current state of u.s./china relations and whether it is leading to a new cold war. >> let me see a show of hands. how many of you are from outside of washington? outside of washington, but you're living in washington, though, right? no. how many of you are originally from china or studying here from china? oh, w

towards china. then you see a coalition of forces coming together in a lot of ways. the conservatives cadiz conservative action group, they are very focused on china. then you have a coalition of four forces in mr. trumps base but broader in society. people that don't like foreign influence they don't like immigration, you know who there they are, china is the focus for these people. evangelical christians. they are very concerned about china. this paradigm comes from richard matson who is a very prominent sociologist at the university of california san diego. the third are the people who have lost their jobs or think they have lost their jobs. the elites are seen as not helping them. there are manufacturers who have lost their businesses because of china and the elites have not helped them. what does this mean? it means we have a situation that is continuing to grow and has momentum and it will outlive mr. trump for sure. the question is where will we go? it is uncertain because you have this force

or china. >> fair enough. >> china is managing its vulnerability to what happens in china. there has been no fresh new money from china to venezuela. the grace periods established for previous loans has been suspended and china has just given the amount of money enough for venezuela not to default on china itself. and is trying exactly as rightly said by the assistant secretary and china has also tied it with physical oil and so on, assuming that venezuela would be able to deliver them now. the point is that there's no necessary grand strategy. probably as far as being aligned and investing in supporting maduro, might more likely come from putin, not from china. china is managing but it's not ready apparently to invest more at the margin. as far as the caribbean, caribe has been quite important for them so they are managing that. >> shanti, any final thoughts? >> i think this conversation has been really rich and we've touched on many of the issues that you've highlighted in this issue. i didn't weigh in on your last question about the plateau versus growing, but one thing

china is big china is fine china is high tech. nation is striving for power to become the technology hub of the world. and road initiatives in twenty first century silk road it's been called by the rich chinese marshall plan back to campaign for global dominance but does the trade go late. we cannot let mutual suspicion get the better of us from. europe one straight but. this has to lead to a reciprocity that we are still struggling to achieve during in the months from now . european industries are increasingly falling under chinese control. of the. european enterprises need to get the same degree of access to the market as the chinese get in europe. china is a global player when it comes to digital infrastructure europeans have long been familiar with the dominance of chinese giants like who way. is china spying on europe. none of us is naive. china relations facing new challenges time and even a couple. you know hardball when you said you were looking for the closest possible relationship right here or should we disregard the sp

here's china in 2013. here's china in 2017. so there's been huge growth relative growth in bond issuance in china in just the post-crisis period, essentially driven by the explosive growth of the local government bond market. so china now has essentially call it the third largest bond market in the world, probably going to pass that of japan soon. and here's the growth, you can see year on year growth, this is in percent of gdp. here's the central government bond market. here's the local government bond market. huge shift in financing away from bank borrowing and other forms of borrowing towards these local government bonds. and this debt is used to finance construction and infrastructure. here you can see social housing, construction, land development, essentially that's what these expenditure is going for. and there's been a huge growth, as you can see, here's just another way of showing you, here's the sovereign bond market, pie chart of the whole, here's the local government -- local government bond market. here's corporate

of china.is bloomberg. ♪ china education group has reported a 43% increase for the first half of 2019. the cfo spoke exclusively with bloomberg with where they are seeing the next opportunities outside the mainland. have 200 targets in the country. we have close to 40 targets overseas. we are still looking for some foreign opportunities. when you're looking around at foreign opportunities, where you seeing the biggest potential for growth? we have some requirements. we prefer to be english-speaking. we can communicate with the management team as well as the students and teachers. the other thing, we would like to have some synergy with our school in china. the synergy will probably come from we can export our student to the school as well as we have the program that we can bring from overseas to our school in to bring it to our students. after taking this program, our students will get a foreign communication in addition to the local. >> there has been an interesting provision by the chinese go

china. basically ground to a halt with the trade dispute, but we are beginning to see those pick up again now so that is something that we will watch and that could be another knock on effect from the end of these waivers. one thing that is a bit tough to measure is of course the black markets. how important is that going to if iran starts exporting on the black market to india, china, and turkey? aaron: that is something we will have to watch. there have been different reports about venezuela getting some of its crude out through russia. you know, that is pretty difficult to assess. oils clearly something the market will be looking at. they will be looking at overall supplies and overall demand, and i think when you step, we are in a much tighter market than we were a few months ago. you know, the market is going to whereverg for supplies they come, and that is going to play into prices. aaron", thank you -- clark, thank you so much. the beleaguered german payments jumped ind car new york a

goals development methods how china and china is the biggest. economy in the world today and by p.p.p. it was very interesting to learn how to china is going to develop develop relations with its neighbors and this is very important for russia and of course too many of our colleagues are gathered here in. obviously implementing this but when a man's belt in the road initially. promoted by our chinese colleagues they are going to strengthen be cooperation in your reship this goal really brings us together. and it provides for harmonious consistent and development out by throughout the continent russia has said a number of time use that they initially of proposed the chinese president. is very close to russia's idea of your region partnership which is all about integration. very. good. to integration a process that is taking place in your asia as russia is ready to take efforts to create transparent and convenient conditions for corporation or through the eurasian continent it's very important between that come up with proper responses to the risk

deal with china that lowers the u.s. trade deficit with china? pres. trump: i think a trade deal with china is good for the world. it is very important. we will see if it happens. we have never done a deal like this with china. it is a very unique set of circumstances. it is a massive deal. it is the biggest deal that is ever been made. there cannot be a deal like this wherever you look. this is the granddaddy of them all. we will see if it happens. it has a very good chance of happening. i think it will be great for both countries. it will be a much fairer deal for us because, over the years, we have lost a lot of money to china. china has done very well. i don't blame china. i blame the people that have sat at his desk. they should have never allowed it to happen. it will bring a lot of things back. it will be great for the united states. it will hopefully be good for china, too. it would be good for everybody. >> what is still left to be agreed to? pres. trump: we have things we're talking, intellectual poverty, protection -- property, protection, a

china as well, yields the highest since december for the china 10-year. that's interesting, after the worst week for the year for equities, we were not seeing that kind of buying in fixed income. perhaps there is a sense of a fomo trade that needs to play out, but some are saying, given the 30% north gains we've seen in equity market, we have this rebound close to getting over come and perhaps it is time to take profits. that was the sentiment on friday. we will see the credit data changes the game a little bit. let's get you the first word news. job vacancies and london's financial industry has been cut in half over the last two years. brexit uncertainty has knocked out a lot of confidence. a survey by morgan mckinley says the number of city jobs available and the number of professionals seeking new positions have fallen by 50% since 2017. the survey says dublin has been the biggest beneficiary for employment inflows. in saudi arabia, but countries sovereign wealth fund is said to have open talks with banks on a low of up to $8 billion. sources say the p

. >> china has set its sights on the indian ocean.s promising a bright future for all those who help reach its destination. but stung by land acquisitions, the people of rakhine state are still wary of getting on board the "belt and road" initiative. ♪ >>>> thihis is francnce 24. i am jeannie godzilla. these are the headlines. godula.genie party vox makes a first entry into p parliament. live coverage from madrid coming up. nothat the french

with china including china iran and venezuela. i think china is going to start a trade war with europe as well so that's on one side but at the heart of washington's narrative is that huawei could be forced by beijing to build him back doors or hidden methods of access and data into his products that would enable it to spy on foreign competitors steal intellectual property or even shut down foreign infrastructure remotely and i have to feelings on that because in the article does mention snowden and his revelations and one thing in terms of this seems like projection because they're saying that it could be used to steal intellectual property or have competitive advantage for their own national industry which of course was apparently done against brazil in petro bras and with our own spying technology but in terms of well as they say that ultimately southeast asian nations say that but they calculate that they have to import a five g. technology anyway because they don't make it so who would rather have spying on you china or the u

and china. days is omnipresent these from investments to high technology to geo-strategy and it has also become quite a factor in u.s.-eu relations. the united states under president trump announced a fundamental shift in u.s. policy toward china, a whole of government approached announced here at hudson unit -- princeton institute by mike pence in his october 4 speech and now after years of largely benign view in china of china in the eu, a view to largely benign views in the united states by leading opinion makers viewing china as a strategic partner and engine for markets and investment, china is now viewed with greater nuance in the european union, recent guidelines given by the european commission and the european external affairs service talked about china as a country with -- a partner with whom the eu has closely aligned objectives and partner where there needs to be a balance of interest and economic competitor and systemic rival promoting certain models of governance, the need to have

or china out towards europe have been very much evolving in the last five or six years china is offeringan opportunity for joining vestment that has its risks also in case a country is not able to repay that investor and therefore you will actually potentially fall in on the in the shape of the chinese investment that should not be the case in case of italy however when you look at the tribe administration today doesn't have any answer to the increasing presence of chinese investment instead of offering a win win scenario get out of the. in the dust works on trade disputes and trade disagreement potentially raising tires on aluminum raising tariffs on all the other key imports for just challenging and idea of globalization by pushing for the gender of the character first remy to travel very hard hold on hold on don't hold your i.r.s. or brother good try to hold those sobs gentlemen we have to go to a hard break and after that break we'll continue our discussion on china's state with our. join me every thursday on the alex i'm unsure when i'll be speaking to guest of the world of politics

and china. omnipresent these days. from investments to high technology to geo-strategy. inhas become quite a factor u.s. relations. the u.s. under president trump announced a fundamental shift in u.s. policy towards china. the whole of government approach that was announced here at the hudson institute by vice president pence and his a historic october 4 speech. a largely benign view in china and of china and waseu become a view that parallel to the benign views held in the u.s. by leading opinion makers, viewing china as a strategic partner and an engine for markets and investment. china is now viewed with greater nuance in the european union. by theguidelines european commission and european talkedl affairs service about china simultaneously as a thetry, a partner with whom eu has closely aligned objectives and negotiating artners, the eu needs to find balance of interest and economic competitors in pursuit of technological leadership and a systemic rival promoting alternative models of govern

turned out to china or me just some it is underway in beijing as china showcases its expansion of a key infrastructure project known as the belt and road initiative leaders from some thirty seven countries are discussing the gigantic project but china's president xi jinping. the north five years ago it set to boost trade between china and the world there are concerns that the project could lead to a market monopoly by china. so what does the china belt and road initiative mean it's the new version of the silk road what does it involve one route runs through central asia and moscow all the way to korea in italy it consists of roads and really raise as well as our stations daily communication networks and pipelines now there is the maritime silk road which will connect china with europe africa and southeast asia china is already in mr invested billions in infrastructure projects long the rich but critics are warning that president xi is gigantic project sponging its partners into debt giving china increasing power here's what the chinese president had to say. the delta road is not an excl

china summit in brussels today could well offer some indications of where things are headed china is one of the your opinions most important trading partners commerce between the two has almost tripled since the turn of the century according to the e.u. statistics office that's mainly due to china's share of global trade and went from five and a half percent in the year two thousand to more than fifteen percent and twenty eighteen now last year the value of e.u. china trade volumes combined in a six hundred and five billion euros in brussels the bloc will be maintaining pressure on beijing to open its markets further the european union also once more action against product piracy and intellectual property theft something european companies active in china complain bitterly about now chinese premier league has arrived in brussels for the summit with a universe he has described china and the european union as quote important partners more cooperation deals are expected to be signed during the meeting as the trading relationship between the two has been growing mr lee will co-chair the

on this china. some very minute you have made the reasons for being interested conscient uninvolved in the arctic first of all the polar institute of child has done extensive research to make the chinese leadership realize that they are a christian melting of the arctic. courses extreme weather patterns in china with monumental destruction of the in the last ten years. only a few months only a few months later shackled to like the polarity shochu pointed out the content melting of the greenland ice sheet more spoiled the shish and salt in china will be uninhabitable during this century show. the climate changes in the arctic constitute a threat to infrastructure and to a whole sheet fish in china secondly. becoming the largest economy on the planet it is inevitable but they will take a look of the resource rich area likely off like every big economy has taken a look at resources and all the possible certainly with the north and she wrote opening up and shortening the dishes but you can china europe

many obstacles so if this trade war drags on it would definitely influence china and china as. it colony world the terrorists and it will reflect on its g.d.p. growth number so from thank you very much. it was staying in china more than a quarter of all new passenger cars sold worldwide are sold there so the mood at the shanghai motor show could be better in the first quarter sales in china have fallen by fifteen percent to five point one million units and this year the car market will continue to go down german premium in the factories have been able to buck the negative trend so although shanghai comes at the right time for them to push sales with several world premiers. there's no sign of a sales crisis on shanghai streets german luxury brands like miss eighty's audi and b.m.w. are watching their sales climb and climb b.m.w. wants to boost revenues with a long wheelbase version of its mid-range car the high earning it middle class in china wants much more leg room in the back because they like to be chauffeured. no the big parties not over this is the largest market in the w

china sells far more into the us than the us itself to china and president trump wants this to changething, the trade war has made things worse. the deficitjumped11% toa things worse. the deficitjumped11% to a record $419 billion. the us is also concerned that china may agree toa also concerned that china may agree to a deal but will not stick to it. the us trade representative said to congress that any agreement must be enforcea ble. congress that any agreement must be enforceable. all this means that china has made some concessions. it has already changed some laws to provide more protection to foreign firms. foreign firms currently have to form a joint venture with local firms and that means sharing technology and commercial secrets. according to bloomberg there were plans for 100% foreign owned countries to be allowed to operate in the country from 2025. we have agreed to far more than we have left to agree to. in fact i would say, i think i can say, that some of the toughest things have been agreed to. we have some things that are easier right now that we are doing but it isa rig

and china. let me note first and foremost that our moderator is going to be ashley tellis, the chair for strategic affairs at the carnegie endowment for national peace. he is, of course, one of washington's leading observers of asia, served as senior adviser to the u.s. ambassador in new dehli. special assistant to president george w. bush and senior director for strategic planning on the national security council. we are absolutely honored and delighted to have with us today jeppe tranholm-mikkelsen, secretary general council of the european union. general mikkelsen has managed brexit to the refugee crisis with calm discipline and the ability to bring great focus and eventual unanimity on some very divisive issues. he's by training a distinguished, danish diplomat with distinguished career. served as the danish ambassador to china for three years. served as denmark's permanent representative to the european union, and there are 2,800 people who work for him at the council. next we have the hono

and china. china is omnipresent these days from investment to high technology to geo strategy and a factor in u.s./eu relations, as well. the president announced a fundamental shift in policy towards china, announced here at hudson institute by vice president pence in his historic october 4th speech. and now after years of largely benign view in china -- of china in the eu, a view parallel to largely benign views viewing china as a strategic partner, as an engine for markets and investments, china is now viewed with, shall we say, greater nuance in the european union. recent guidelines given by the european commission and the european external affairs service talked about china simultaneously as a country, a partner with whom the eu, and i'm quoting, as closely aligned objectives, and needs to find a balance of interest and economic competitor in pursuit of technological leadership and systemic rival promoting alternatives, models of governance. this need to have a more nuanced approach to china

a long time china. joins us now what these actual stimulus measures and why could they backfire well with the trade war weighing so heavily in china they've introduced various measures they're investing in infrastructure and to do all this they're making it easier to borrow money so they're cutting reserve requirements and cutting taxes for some corporates and trying to get everything to two to help boost the economy how that could backfire is because as you mentioned the government to china is already saddled with quite a lot of debt so it needs to try and balance the need to do this stimulus but also to make sure that it doesn't like things to run out of control as the o.e.c.d. has worried it certainly got the idea right the building at a time that its economy is shrinking this is something china has done many times and it helped bail out the global economy in many ways in two thousand and nine it has got the right idea the problem is always finding this balance between letting letting the corporates

and china. i think the market has run to run. people will be allocated within china. precisely what we are doing, selling the winners, buying stock that has even less behind it in this type of rally. i think that is pretty natural. overall, i think we think that the outlook remains pretty strong. yvonne: we had that property coming out of china for march. 0.06% month over month. the property market seems to be picking up as well. you mentioned about picking up some of these laggards. the property stock has been on a tear. are you going to rotate other sectors now? sarah: we have, we have taken some profit out of property. we are still active in the property space. if you go back a year ago, chinese property developers are complete dogs, nobody wanted to on the stocks. they had a very good year. we are really careful about what we all. we want to make sure we are in the large-cap liquid developers. the better quality developers that have lower gearing. these kinds of properties are operating in tier one and tier two cities. you have to be careful what you on. you can t

china trade talk.nk about the will that we are in, i think the carry is something the investors will keep looking for. that gives you a positive backdrop for the asian credit. isthe theme we saw last year that bond yields are backing up again. have we reached the point of equilibrium? that change your forecast when it comes to the credit market? neeraj: i don't think it changes a lot for the credit market. for credit markets, we are still in a positive environment. the rates are more symmetric here. you have growth stabilizing. even if you see some slowdown and parts of the world, i would argue that we are not any work is to a recession in the u.s.. from the standpoint of the the market has, started to price at the risk of recession. i think that will be used to some extent, treasuries are finding a lower range than last year. i think the treasury moves too much further up from here. >> there is a dollar bond issuance that we have seen. it has been quite rampant. saudi aramco, you have tencent from las

, new china was founded. we chinese have since stood up and held our future in our own hands. [applause] pres. xi: over the past seven have, basedin china on realities, constantly explored the way forward to practices and have succeeded in following the path of socialism with chinese characteristics. today, china has reached a new historical starting point. however, we are keenly aware that with all we have achieved, there are still many mountains many shores to navigate. continue to advance along the path of socialism with chinese characteristics, deepen sweeping reforms, pursue quality development, and expand opening up. we remain committed to peaceful toelopment and will endeavor build a community with a shared future for mankind. forward, china will take a series of major reform and opening up measures and make stronger systemic and structural moves to boost higher-quality opening up. expand market access for foreign investment in more areas. fair competition boosts business performance and creates prospe

and china.acebook fell after bloomberg millions ofthat facebook user records were found on cloud computing servers. we are seeing more broad optimism across the world. global stocks on the cusp of a bull market. almost 20% higher since december lows. let's see where the markets stand in asia. sophie. saide: that optimism looks to be transmitted to asia, where the future is pointing to modest gains, ready to track the rally we saw on wall street as trade talks continue in washington, d.c. we are ready to extend 11% advance for the msci aipac index. to keep on the radar, south korean figures, trade data from malaysia. keep in mind, taiwan is off-line for the holiday this thursday. shery: thank you so much for that. talking about the u.s. china trade talks. they are edging toward a deal with the white house economic adviser, saying negotiators are making good headway. joining us for the latest is bloomberg's trade and globalization reporter. how close are we to reaching a conclusion on the stocks?

in china.onsumer inflation jumped in march. the biggest increase in more than a year. while the trade talks rumble on, exports jump 14.2% in march from a year earlier. falling imports. the trade surplus balloon from the previous month. strong credit numbers with aggregate financing exceeding alexa and its. a trio of strong data points today. much higher than forecast. retail sales, it .7%. 6.4% was the number that got stamped on the bloomberg. joining us now to put it in context, our guest. chief portfolio manager of ark capital management in dubai. and a senior economist at anz. let me ticket to the economist first of all. good morning to you. you upgrade your growth target this morning on the back of this data. how much believed you put in the data that's in front of us? it's quite stupendous. >> right. ,n terms of the data today there are three takeaways from our side. the first is the 6.2% gdp growth for q1. it's in line with our expectations. we expect the growth to pick up from q2 onward.

and china is just bigger and it has more products so what does china have to do. with when china faces certain the restrictions and attempts by certain countries to slow down its development what does china have to do in this situation china has to strengthen the fundamentals of international economic relations international trade and create conditions for promoting these goods how should china do this it should develop a transport infrastructure poor it's a. railroad through the trucks roads and this is what china does the choice that's how it all started and then it became obvious to the chinese leadership and to us as well that this is not enough that we need to strengthen the fundamentals of the international treaty international economic cooperation which is russia interested in the off course we are with your growing trade of course we are interested and we want to use our transit potentials more we have the trends siberian line we have the baikal more reliant on. you're going to invest a lot of money down with it so we plan to build new roads and we plan to

and china. north korea sought rapprochement with china as leverage to bring truck to the leveraging -- negotiating table. in the same way, north korea uses the dialogue to put pressure on china. along with dialogue with the u.s., north korea is also developing inter-korean relations a red this forced china to intensify its diplomacy. north korea has reminded china of its energy. china seem to take a reactive position. north korea is of particular interest to china as a territory and cheap negotiations with the united states. faced with an american president, we need to talk with the north korean leader, china felt its need to restore its influence over north korea. at the same time, while china considers the peninsula's influence, it is not interested in any significant changes. it benefits from maintaining the status quo. for this reason, china would not favor north korea establishing closer ties with the united or rok. it would seek to control or interfere in the current process. experts say e

s pet project plunges partners into debt while giving china will power. these workers are assembling cooling and heating units for industrial buildings they are later going to be shipped to the u.s. pakistan bangladesh and mexico un dar or broad group is a company specialized in energy fission the air conditioning heating and air purifying lately broadest planning for further international expansion. in that union and the delta raid initiative is a good opportunity for us to cooperate and to promote our business further we expect to see a lot of new opportunities where we are all the down. but end road also called the new super road initiative is a massive investment program by the chinese government into international transport infrastructure in the past decades china has invested massively in its own infrastructure now it builds roads railways in ports around the world china says the initiative is designed to boost international trade and cooperation but critics see there's a means to extend china's influence beyond its borders. that we are that is the

china's economy grew slightly faster than expected in the first three months of this year and that's despite the country's ongoing trade dispute with the u.s. but some analysts say treat official figures from beijing with caution. and there are exceptions as the sun is so germany's premium come out of factories say they have been talking with the negatives market trends in china. visit of your business . and welcome the chinese economy grew faster than expected right during the first quarter of this year and let's say it was propped up by u.s. president donald trump backing down from a threat to escalate his trade for last month and government stimulus measures stocks closed on a thirteen month high on the news but some analysts doubts that official figures from beijing can be fully trusted. spring is in the air as china blossoms but that holds mainly true for the country's flowers and trees the chinese economy is stable but not blooming is brightly as in former years on the one hand there's the trade dispute with the u.s. that's taking a toll on exports and scared off investors and

-china trade war.ve we might enter a new face of global disruptions leading to a new economic crisis. the u.s.-china trade were might be the trip -- war might be the trigger. i am quite pessimistic. i think president trump is turning his attention after the mueller report to china and it is uncertain what is happening. shery: talking about a potential type or -- coming between the u.s. it tech war between the -- between the u.s. and china. the revenue jumping almost 40% in the first quarter. how much of president trump's strategy against china and against some of the big companies is working? well, the trade war is linked to technology and who is leading the road in terms of technology. have seen google feeling the impact in china, apple feeling the impact, and now, president trump is fighting back. huawei might just be the start, and it is really the question is who is leading the world in the future? with the rise of populism, protectionism, and nationalism, we have less collaboration in the world. w