the chief executive of cathay pacific they are.d this yea r‘s world environment day, and this year's theme is to be plastic pollution. china, vietnam, thailand, the philippines and indonesia are dumping more plastic into the waters than the rest of the world combined. earlier i spoke to mark sainsbury, the founder of a philanthropic organisation. i started the founder of a philanthropic organisation. istarted by the founder of a philanthropic organisation. i started by asking him if governments or philanthropy groups should be leading efforts. we have all got a role to play. my particular focus is on climate change and sustainable solutions, and of course the government need to play their part in terms of their fiscal policy, their taxes. there are more subsidies for fossil fuels than there are for renewables, globally. and surely that has the change of we are to transition away from fossil fuels into renewables, kind of a cleanerfuture. also philanthropy, philanthropic organisations, have an incredibly important role to play. and

coming months were guarding another investment in the last year qatar airways has invested in cathay pacific air italy and jet sweet in the united states and the cargo division intrinsic to the profitability of any big airline has adapted quickly and its chief officer is saying it's thriving. qatar airways seems to be adhering to an arab proverb that says right the bad things in sand the good things on a piece of marble the state owned airline says despite the challenges of the year old blockade it received numerous industry accolades including best airline of twenty seventeen at that impact us that increased a lot of flying time it but pressured on my operational cost but did that not stop the will and the determination of us to keep on a path of growth qatar airways says it's still auditing its books from last year and can't say exactly how much money the blockade has cost the airline but it says the losses are quote substantial. prior to the blockade its profits were soaring in two thousand and sixteen it earned more than five hundred million dollars a historic high and flew twenty percen

we have cathay pacific looking at the rising fuel costs. look at what is driving these emerging markets, particularly this week. we will look at tariffs, chinese export numbers and looking ahead to the rate decision due out of turkey. this is bloomberg. ♪ this is bloomberg. ♪ back.d: we are looks look at the markets. i am rishaad salamat it in hong kong. data out of this region, starting today with inflation numbers from turkey. expected to show prices rising more than 12% on the year. according to bloomberg economics, it is up from 10.9% in april. the data should be a key driver for the central bank when it needs on thursday. the reserve bank of india beating the y before, surprisingly strong gdp, surging oil prices, probably likely to contrive together to increase the chances of the cost of borrowing going up. and now china's main trade numbers are in protecting another strong month of export fueled growth by american demand. our chief asia correspondent is with us. talking about? let's get your views on the possibility that is looking me

eighteen routes i mentioned it added nineteen more and it forged international partnerships with cathay pacific air italy and jet suite in the united states the c.e.o. is saying that more investments are to come and the big bright spot come out in all of this is its cargo division all of you remember the images from last summer of four thousand cows being airlifted to qatar where the cargo division has unbelievably not posted any losses as has maintained its perch as one of the top three cargo companies in the united states i'm sorry in the world. we're going to live at home at international airport here in doha thanks and. with us here in studio fourteen abraham fry how to associate professor of conflict resolution at the doha institute also the author of unfinished revolutions yemen libya and after the arab spring conflict resolution which is what we have not been able to achieve for the past year and you know talking to jamal a little bit earlier in kuwait city it made me think that we don't really hear much about the the resolution or any potential resolution to this conflict you are absolu

ramy: haidi with oneworld ceo saying cathay pacific is very important to the alliance moving ahead. in active discussion. china's trade figures will be in the spotlight as tensions grow over the trump tariffs. we will look ahead to that next. this is bloomberg. ♪ ramy: china's trade performance takes on heightened importance is weak as beijing warns that any deal is off if president trump makes good on his threat to impose unitive tariffs. hays is editor kathleen here. what can we expect out of china trade? kathleen: on the numbers basis and if you look at it from that point, more strong numbers aren't exports and imports for the month of may. china's exports are seen rising 11.1% in may year-over-year down from 4.7 but that is a nice number. what country would not want to have that? of 19.6 percent, not as much as the 21 .5% year-over-year seen in april. china's trade surplus is seen point $5 billion in may come just over $28 billion in april. uber economics points out that tariffs and rumblings of trade war will not affect trade data as well. you could be sure that there will be f

it didn't quite work out well for cathay pacific a few years back. >> i think the key is to treat itit is very difficult for airlines to take positions and speculate on oil prices. the japanese carriers consistently hedge. they hedge about five years out and 40% to 50%. david: let's move on to the trade spot. ins impacts what you do equities in a lot of ways. let me start off with aircraft purchases. is what is happening now a real this moves boeing's position in the market? >> absolutely. it is going to reshape the way the chinese buyers look at planes. of theow, the majority major chinese characters -- carriers have more boeing planes than airbus aircraft. boeing has a slight market share lead. with the escalating trade tensions, that is going to change. we expect airbus to have increased chances from the chinese players. they do need more aircraft with air traffic growing right now. david: another angle to the some point they come out and discourage chinese tourists from traveling to the united states, who gets hit harder, u.s. or chinese carriers, and who needs that more, chinese