to get access to new markets and it wants to build a huge network of future trade partners and china will be right at the center of this network as you said china's investing huge amount of money in all sorts of trading partners some of which are really more reliable than others because they're all around the world is that really going to be a sound investment thing. well let's say there's some risks involved right now almost all of the these investments are financed by chinese banks and even chinese experts are getting more and more nervous whether they're ever going to get their money back the basic idea of these investments is that their investments lead to economic growth and that these countries used this growth then to pay back the chinese loans so whether this is ever going to happen nobody knows for sure right now there are all already estimates saying that for instance about half the investments in burma might be lost in pakistan it might be even up to eighty percent. seriousness of the chinese economy there thank you very much philip bilski. china this. going to visit venezuela. which sits atop the wo

beginning here in china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square meters of office space over five stories. meter. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here. the construction is being subsidised by the chinese government as part of a long term strategy. that also includes the new train link. it may not be making any money for beijing yet but the financial commitment makes do is burke confident that when it comes to the new silk road and future trade the chinese really do mean business. one of the most important commodities on that ancient silk road was spice folks dominates the german market for spices with an eighty percent share but a family from hamburg is making fast inroads thanks in part to social media. little ida is helping out today the creators of put their heart and soul into their business and they're getting some good footage for their you tube channel. we'd like to wish you a merry

beginning here in china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square metres of office space over five stories. hundred scientists meter. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here the construction is being subsidized by the chinese government as part of a long term strategy. that also includes the new train link. it may not be making any money for beijing yet but the financial commitment makes do is confident that when it comes to the new silk road on future trade the chinese really do mean business. well many countries are profiting from china's multi-billion dollar project but some of china's partners are worried to be out of the loop let's bring in our finance correspondent andrea hearing from singapore china is teaming up with many partners but not everyone is happy who is it well just three main parties here we're talking about of course india its biggest competitor the second asian superpower

beginning here and china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square metres of office space over five stories. hundred seventy thousand metre. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here the construction is being subsidised by the chinese government as part of a long term strategy. that also includes the new train league. it may not be making any money for beijing yet but the financial commitment makes do is book confident that when it comes to the new silk road and future trade the chinese really do mean business. fireworks manufacturers a set to cash in this week as millions prepare for new year festivities its global sales last year reached almost two billion dollars according to market research firm q why most of those sales being at the end of the year europe's biggest economy germany or fork out more than one hundred thirty million euros on new year's eve fireworks alone imported products accou

trade from china. and the new silk road will boost investors. >> we will be building a china trade center here.n this land behind us, we will have 120,000 square meters of office space, over five stories. >> the center is set to accommodate around 200 companies, which will have excellent access to the european market from here. the construction is being subsidized by the chinese government as part of a long-term strategy. that also includes the neil -- new train link. it may not be making any money for beijing yet, but the financial commitment makes them confident when it comes to the new road, china really does mean business. >> you can tell it is nearly that time of the year again. global sales last year reached almost $2 billion, according to the market research firm qy. germany will fork out more than 130 million euros on new year's eve fireworks alone. imported products will include three quarters of the fireworks on the 31st. heading back over to abby for some sports. serena williams is back. host: she is indeed. serena williams is set to hit the course yet again. the 36-year-old american

beginning here in china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square meters of office space over five stories. hundred twenty thousand meter. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here the construction is being subsidized by the chinese government as part of a long term strategy. that also includes the new training. it may not be making any money for beijing yet but the financial commitment makes do is confident that when it comes to the new silk road and future trade the chinese really do mean business. now you may have heard the expression a good riddance to bad rubbish well in new york city visitors and new yorkers have had it to times square to literally shred and forget some of the bad memories of this year to kick off a new year when it's late. these people in new york are ready for a fresh start it is good riddance day and passers by on times square are invited to shred their bad memories of

beginning here and china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square metres of office space over five stories. hundred twenty thousand metre. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here the construction is being subsidized by the chinese government as part of a long term strategy. that also includes the new train link it may not be making any money for beijing yet but the financial commitment makes do is confident that when it comes to the new silk road and future trade the chinese really do mean business. and you can tell it's nearly that time of the year again fireworks manufacturers are set to cash in this week as millions from the new year festivities global sales last year reached almost two billion dollars according to market research firm q why post those sales being at the end of the year europe's biggest economy germany will fork out more than one hundred thirty million euros on new year's e

beginning here in china and we will be building a china trade center here. on this line behind us we will have one hundred twenty thousand square meters of office space over five stories. hundred twenty thousand meter. the center is set to accommodate around two hundred companies which will have excellent access to the european market from here the construction is being subsidized by the chinese government as part of a long term strategy. that also includes the new train link. it may not be making any money for beijing yet but the financial commitment makes do is confident that when it comes to the new silk road and future trade the chinese really do mean business. the fatal stabbing of a fifteen year old girl here in germany has hit a national nor the suspected assailant is a fifteen year old unaccompanied refugee from afghanistan and he's in police custody the two teenagers had been dating but reportedly ended their relationship earlier this month the girl's parents filed a police complaint for harassment and threatening behavior. they want to show their g

thank you very much. >> that was of course at the international trade center in washington. called russia and china rival powers to the united states and discussed how the united states would make trade and other issues more fair to americans. joining us now is bloomberg's chief content officer and bloomberg's state department recruiter. the white house published a 55 strange national security strategy. is there usually a speech attached? but in thisly, environment, anything donald that he billsay as diversion from the past is something to get attention and he wants to make sure his credentials on foreign policy are well-established. he decided to give a speech. i am not sure who was in the audience. >> he was fairly muted on script in the beginning. animated as the speech continued. russiatrying to speak to or canada? talking toink he was domestic audience. he cited stock market several times to applause. it is not often you see bureaucrats applaud what he did that today. >> it makes sense to me. he didn't use the term strategic competitor. about thelking implications of that. they decided not to

illegally and we got a tip off about the concorde which is also in southern china on the coast which is said to be a major center for trade in. some chinese believe the dry swim bladder at the to twelve improve skin and liver conditions and figure a circulation and stops bleeding none of this has been proven medically but the illegal trade into twelve is extremely lucrative. twaddle fishing in the gulf is illegal because the same nets used to catch a trois ensnared akita they have decimated the key to population. davidson. the pro is that they will get a can of the take this this was in they work for the brain where they work if they can get in time with their hair here or there or their friends so obviously they work if i can do to raise to the surface and then they get thing where they just get stuck when they perish we're going to break. three adult since we started operation and two pre-born. and. all of them were neck and the results of the examination show that they're all die of us. and all had like marks of nets under so they dying because of the. pressure no way zero is captain of the sea shepherd a marine conser

. >> it was the center of a trade of luxury goods that stretched from europe to china. >> huge quantitiesspices were being brought around the world as a result of connections to these places. >> only an estimated 1% of the site has been excavated. but the volume of trade revealed suggests thomas could also have made the journey here in the first century. >> in the roman period, people know that if you follow the monsoon, you can get to india in under 40 days by ship. >> it would have been very hard, but it was certainly possible that thomas could have gone to india and if jesus' message is to preach his good news to the ends of the world, then india would have been on that list. >> a stranger coming there for the first time, it must be quite a surreal experience. he would have encountered all kinds of people and languages and flavors and smells he had never seen before and gods he had never even heard of. >> you have a variety of different religious sects. you've got brahmans, jains and buddhists. >> a first point of contact might have been jewish traders who spoke his language and shared

china's grand plan is to link the two countries with rwanda burundi and south sudan carving out a new trade network and new markets for chinese goods. hot on sanders heels amazon employees at a major distribution center here in germany are going on strike they're unhappy about pay and have been for the past four years striking several times over that period the very union says they should be paid the same as retail workers and as an argues them more of a logistics saying these strikes will not interrupt the livery industrial action will continue until the end of saturday. back to sara once more news and we go to west africa that's right thanks so much to you know we're going to liberia to be precise where voters are waiting for the results of yesterday's presidential election a result that could see the first democratic transition in the country in over seventy years a few moments ago u.n. secretary general antonio terra's hailed what he called the peaceful conduct of the vote counting is so going on at the national tally is an hour but preliminary results are expected as soon as the saving but the fischel results on third. day voters had the choice between senator george weah a former world football

trade deficit, moving the economy more towards domestic consumption. and they can have an economy that is more focused on domestic consumption. isaac stone from the center on u.s. chinaations, a senior fellow there. julie: breaking news that involves a development we talked about earlier today, b billing and breyer talks. it was earlier reported by the wall street journal. rj, they were halted. here is the news that we were awaiting. the shares have surged 17.5% on the journal report, and we are getting confirmation that the two are in talks. david: and they have a big project, so it seems that international manufacturers are really teaming up. should mention reuters are reporting that the brazilian government to set not to be involved in these talks, though it would have to approve an acquisition by boeing. robert mueller has not uttered a single word in public since may. we will tell you why his strategy is helping him avoid the pitfalls of his predecessors. this is bloomberg. ♪ david: breaking news now out of washington. it reports that president trump will sign attacked bill tomorrow if the take go to is resolved by then. we will go right to capitol hill to steph

so as we sort of start this trading week, that seems to be the center of concerns there, particularly in chinaaccounts for as much as 25% of apple's revenues for the upcoming chinese new year holiday, not as robust as initially thought and that is pressuring the shares of apple and as you pointed out, all of those that provide apple -- >> some of the providers. >> look at the top gainers in the s&p. we have a retail theme once again shaping up towards the end of the year here macy's leading the way with a nearly 2% gain kohl's is up and foot locker, all of the top five if you just checked would be in the retail sector maybe they like these numbers coming out we've also seen after all price for extinction on the amazon trade a couple of months ago, a nice ramp to year end. >> if we look at the big names for the month, you'll see these extraordinary gains and bear in mind, retail tends to sell off in the month of december that is a historic trend but we have never had a year where some of these big retailers are down 30%, 40% and 50% while this is either extraordinary to see, it is preceded by a

the fact that the center of the diplomacy front may well be trying to pressure china to act against north korea. china, of course, north korea's major, if not only significant trading partner at this point, and shutting down that flow of oil and other goods and services would shut down north korea's ability to earn currency to help keep it's weapon's program going. but pressuring china comes at a price because the chinese are very sensitive about this. they want to see stability in the region. they do not want to see the north korean regime collapse. that is their worst case scenario for instability right on their doorstep. so while everyone's looking for stability, especially as we come up on the olympics in south korea after the new year, it may be that the u.s. and the chinese have a very different view of what that stability and what that diplomacy may look like in the coming weeks. brianna. >> cnn's barbara star. thank you. >>> secretary of state tillerson stated flatly in his "new york times" op-ed today that russia has meddled in the u.s. election and that the u.s. has a poor relationship with russia. let's go live now to moscow and fred planken. i wonder wh

you to assess that judgment, good relationship with china is the center come that it's best to get it that by disrupting them, threatening them with trade sanctions, et cetera. within this extraordinary embrace in the last few months. >> david, i think the challenge is solid. first of all in my estimation the bilateral relationship with china is the most consequential that we have in the world it's also one of the most complex and difficult because we have a mix of competition and the potential and, indeed, in some instances the reality of cooperation. and i think what we've seen from the trump administration is sort of pivoting to extremes pic on the one hand, as you mentioned he came entering the transition, putting not just china but manys statement on taiwan the suggested a radical recalibration of our historic balancing of taiwan and china. and also some very hot rhetoric with the potential for trade war. and now particularly culminating in his visit in november we've seen the pictures you sent i think extraordinarily warm embrace of xi jinping with as you said more accolades for xi that almost any other leader with the possible ex

center at aarp.org/caregiving. >>> welcome back to the "closing bell." let's get to other big stories of the day the last trading day in 2017 and our rapid recap. >> saying today china'slibaba will be the first to $1 trillion beating out apple, microsoft, amazon, and facebook >> i think apple actually gets there first. i think alibaba's right on their heels. i think they're second i think they have a great opportunity. >> apple has issued an apology to customers following the revelation that its operating system does slow down older iphones to prevent shutdowns. >> this is planned obsolescence. as a shareholder, i want you to buy a new phone, an 8 or x that's better for me. >> goldman sachs the latest bank to take a one-off write-down thanks to the new tax bill $5 billion >> is netflix is giving top executives salary bumps for 2018 citing the new tax law as the reason the law eliminates certain surcharges on executive salaries. >> trump tweeting this morning "why is the united states post office, which is losing many billions of dollars a year, while charging amazon and others so little to deliver their packages, making amazon richer and the post office dumber and poo