people's bank of china governor, his first international media interview since becoming governor. it comes ahead of his expected meeting with treasury secretary mnuchin at the g20. this is bloomberg. serg. shery ahn in new york. paul: you are watching give a crush on you. let's get a look at the business flash on lines. on the hunt for acquisitions abroad. the president of the company is looking to buy banks and assets that generate stable returns. biggestif japan's lender can keep hitting income targets. they will have almost $15 billion available for share buybacks over the next four years. shery: beyond meat has given investors a first look inside the company since last month's ipo. the shareholders find the numbers appetizing. willforecast that sales exceed $210 million, topping analyst expectations. beyond meat expects to break -- while the market has projected a loss. silvio berlusconi's latest evaluating options in spain. the largest commercial broadcaster may combine the unit with the parent company as it seeks ways to bulk up the face of rising competition. toigger footprint as a way compete with netflix and other companies pushing into the european union. shery: plenty sti

not just the fed, but the people's bank of china they're playing a role in driving stocks higher overseas and it's really not a rally that's driven by earnings growth because the say, the second quarter earnings estimate is 0.3% it's not better in china or europe >> so it's fascinating that china's one of better performers emp sas the economy is weak, but the stock market is doing well how much is because we've talked a lot about their easing measures is it a sign of weakness rather than strength in a way >> i think it's a great poichblt why we have to see what happens in the second half of the year does china stick to their guns and unveil more stimulus options that can help the stock market continue to outperform on the trade front, we're still expegting more details if you pivot in other parts of the world, see russia, one of the other outperformers, about 30% this year. interesting. that seems to be a story that's more based on politics while the u.s. russia relationship hasn't gotten better, you could argue that it b hasn't gotten worse. in january, the u.s. treasury department lifted sanctions on a number of russian companies and so the concern back in 201