e.u. beijing's already announced a three billion dollar fund and ten billion in credit lines for the region now at the opening of it at you will today's summit between china and sixteen eastern and central european nations chinese many of the sorts when lay concerns that his country seeks to weaken e.u. unity a promise to respect european standards and fair trade the backdrop to all this china's massive global infrastructure at a vestment program known as the belt road initiative. it might not look like much but this will soon be the site of a four hundred twenty million euro bridge spanning the adriatic. it's fine in some part with chinese money. projects like these are intended to build a bridge between beijing and states in eastern and southern europe. asia in hopes of further cement its foothold in europe for its belt and road initiative it would see china secure transit corridor for its products from beijing to the heart of the continent. this is the plain sight of a new high speed rail connection between serbia and e.u. member hungry. once completed it would be a direct link for chine

e.u. beijing's already announced a three billion dollar fund and ten billion in credit lines for the region now with the opening of it and you will today's summit between china and sixteen incident central european nations chinese premier wen lay concerns that his country seeks to weaken e.u. unity it promised to respect european standards and fair trade the backdrop to all this china's massive global infrastructure at a best buy program known as the belt road initiative. it might not look like much but this will soon be the site of a four hundred twenty million euro bridge spanning the adriatic. it's fine in some part with chinese money. projects like these are intended to build a bridge between.

e.u. members via beijing is trying to use the group to drive a wedge between brussels and the rest of the block. military honors for an honored guest chinese premier league asian and his career counterpart under a plinker vage quickly got down to business so i don't deal spending from tourism to trade and infrastructure projects. only if this is a major turning point in our two countries relationships and i'm exceptionally satisfied with our substantial talks today which realistically set the ground for future cooperation on the development of projects including industrial services railway infrastructure economic digital technology projects science education agricultural and financial services projects. that it will look impressive list but par for the course when it comes to china. beijing is investing billions to court sixteen eastern and southern european countries each part of the so-called sixteen plus one group which is designed to expand future economic cooperation between participating nations and china. beijing hopes the group will for the cement the foothold in europe for its be

e.u. . summit in brussels beijing. make concessions on key issues like market access and intellectual property this at a time of growing european unease over china's brand of economic ambition stage. the choreography is still a bit shaky but when it comes to matters of trade at least the relationship is going in the right direction that's european union council president donald tusk take on the final communique for this year's brussels summit. negotiations have been difficult about it fruitful. three managed to agree a joint statement which set. out the ship based on the reciprocity china has compromised on several key questions international companies will no longer be pressured into disclosing their technological know how to their chinese partners will also cut back on state subsidies and in future trade relations will be developed in accordance with united nations principles and world trade organization regulations. for the higher. we need to speed up negotiations on the china europe investment agreement with a view

premier league european tour is being touted as a success to brussels and beijing were able to agree on some key trade issues e.u. leaders want to create common policies for dealing with trade overtures from china but concerns remain that beijing is also trying to make any lateral deals with some e.u. members such as croatia. it's the first visit by a chinese premier to go asia a tiny market when compared to china but one of many european countries beijing is hoping to deepen trade ties with. want to hire that. we need to speed up negotiations on the china europe investment agreement with a view to making decisive progress by the end of the current year yet then we can conclude a high quality china europe agreement before the end of next year it should be fair for institutional investors from both sides and ensure mutual openness. and saying seem to be moving in that direction that's the european union council presidents take after this year's e.u. china summit. there goes the shows have been difficult about that fruitful. three managed to agree a joint statement which is that. there should be based on the recip

e.u. up a notch over a transatlantic over aviation subsidies. also on the show beijing makes big promises in brussels equal treatment of chinese and foreign companies back home but will china walk the talk. welcome to business i'm jenelle and in berlin good to have you with us president donald trump has lashed out at europe for subsidizing plane maker airbus saying that's made for unfair competition with the u.s. is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent trade tensions. airbus isn't just an aerospace giant it's a pan-european collaboration supported in part by government subsidies a fact the united states says gives airbus in unfair advantage one that president trump wants to take action on via tweet he announced eleven billion dollars in new punitive tariffs on european products it's a conflict that has been brewing for fourteen years for their part their bosses european investors accuse the u.s. of propping boeing up with suspensions of its own bo

chinese investment xi jinping walk and thirty seven heads of state in beijing for the second international conference on this project between e.u. has more from beijing. president xi jinping was very much on the defensive addressing some of the criticisms that have been leveled against the belgian road initiative in recent years namely that this policy is simply a form of debt trap diplomacy a lot of the countries involved have been saddled with millions potentially billions of dollars of worth of debt and some of them unable to pay that back default on their loans and are then vulnerable to chinese political influence so that isn't one of the main criticisms other criticisms are about how the plan is actually being implemented over recent years that the hasn't been a high standard of implementation resulting in corruption resulting in environmental damage as well as unfair deals where chinese parties really take advantage of local parties so president xi jinping in his half hour address really did address on the points saying that going forward the belt and road policies will try to be more transparent that they'll try to be m

e.u. al-jazeera beijing the u.n. secretary general has come in for criticism after failing to highlight the plight of muslim we goes in western china during a trip to beijing human rights watch accused terrorists of letting china off the hook our diplomatic editor james bays reports. the u.n. secretary general in beijing for a summit marking china's belt and road initiative an ambitious global network of infrastructure and trading projects all linked to china something that in itself is far from uncontroversial and tonio good terrorists did make a public speech in china but there was no mention of the we go community inching zhang a glaring omission according to human rights groups who claim as many as one million we get as could be being held in detention in an article for the washington post the executive director of human rights watch kenneth roth detects a pattern he writes could terrorists should show that he can fulfill the full scope of his responsibilities as u.n. secretary general he's excessively quad diplo

e.u. al-jazeera beijing. the un says more international support is desperately needed to help nearly one million refugees from myanmar they were forced to escape to bangladesh because of violence in their native refind state top u.n. officials visited rangar refugee camps in bangladesh on friday they want to raise nearly a billion dollars in humanitarian aid the u.n. high commissioner for refugees spoke from cox's bazaar he says they want to see the return of reading this to their homes in myanmar but there are a number of challenges are slowing the process. the u.n. my organization u.n.h.c.r. the u.n. development program in agreement with the government of myanmar. we are facing the villages from which these refugees are coming we are parroting the man from project to improve the conditions but the real piece of work that needs to be done is on the fundamentals the reason why the people there more freedom of movement little access to jobs and services pathway to citizenship these are the difficult issues the

e.u. al-jazeera beijing u.s.president donald trump has denied claims that he paid north korea two million dollars for the return of american student auto won't be a trump was responding to reports in thursday's washington post that said he authorized the payment of a huge build a model by pyongyang to cover won't be his medical care the student entered a coma in north korea after being detained and tortured for moving a propaganda poster from a wall during a trip there he died after his return to the united states wrote on twitter that he had never paid money for any hostage in other developments a russian woman who admitted to being a kremlin spy has been sentenced to eighteen months in prison in the united states maria bettina pleaded guilty in december to conspiracy and infiltrating the n.r.a. gun lobby to influence republicans and conservative u.s. activists a judge also ordered between it be deported back to russia after completing a jail term. on sunday spain will vote for its third parliament in less than

e.u. countries to work with them in a piece for germany's newspaper chunks of beijing welcomed a quote united and prosperous europe how much truth is there to that so when china seems to divide the europeans by making italy part of its controversial bolton road initiative. well it's actually a very different standing and if you read a little towns words he said that beijing's corporation with eastern and central european countries will actually help to balance the development and the unity of e.u. so his interpretation and his definition is very different from germany's and france's and china knows that compare with the disagreement among e.u. members its investment offers far more attractive so for china it's very easy to understand that no matter what people want to call it as them a rival or maker china is confident that more countries will tilt to its site now barbara back to you in brussels there won't be a final communique after the summit what are we to make of this. that of course is a diplomatic point that the e.u. is making here because other than sort of reiterating its long list o

e.u. china's summit in brussels could indicate where things are headed beijing is one of the european union's most important trading partners comest between the two has almost tripled since the turn of the century that's mainly due to china's share of global trade it went from five and a half percent in two thousand to over fifteen percent last year the value of a huge china trade volumes came in at a combined six hundred five billion euros brussels will be maintain pressure on beijing today to open its markets further it also wants more action against product piracy and intellectual property theft let's go over to brussels to get the latest from visa lao correspondent there bob spring is here are you expecting any new beginnings as far as friendships go between brussels and beijing. we might at least then talk about some little flowers blooming on the branches because this was not the expected disaster that some had foreseen there is a communique that both sides are signing up to because at the very last minute the chinese brought some concessions to brussels it had looked bad but then in th

e.u. summit in which he pledged to open up his country's economy beijing has become a huge investor in theregion with its spending nearly matching that of the european union but some members fear that china is attempting to drive a wedge between brussels and other european nations using cheap loans and joint partnerships. it by not look like much but this will soon be the site of a four hundred twenty million euro bridge spanning the adriatic. it's fine in some part with chinese money. projects like these are intended to build a bridge between beijing and states in eastern and southern europe. beijing hopes of further cement its foothold in europe for its belt and road initiative it would see china secure transit corridor for its products from beijing to the heart of the continent. this is the plain sight of a new high speed rail connection between serbia and member hungry. once completed it would be a direct link for chinese goods from the belgian road she wrote into the e.u. . and china isn't just focusing on trade it's invested in this power plant in bosnia-herzegovina as well. and is h

e.u. al-jazeera beijing u.s. president donald trump has denied claims that he paid north korea two million dollars for the return of american student auto warm day trump was responding to a report in firs days washington post that said he authorized the payment of a huge building landed by pyongyang to cover won't be his medical care the student entered a coma in north korea after being detained and tortured for moving a propaganda poster from a war during a trip there he died after his return to the united states trump rosie on twitter that he had never paid money for any hostage a russian woman who admitted to being a kremlin spies been sentenced to eighteen months in prison in the united states maria patino pleaded guilty in december to conspiracy and infiltrating the n.r.a. gun lobby group to influence republicans and conservative u.s. activists the judge also ordered bettina to be to be deported back to russia after completing a jail term. now almost every day scientists warn of climate change and habitat lo

e.u. officials during these meetings. mackenzie in beijing with the latest. washington is turning up the heat on trade, proposing tariffs on airbus to counter e.u. subsidies. derek, give us some context. this comes out a time when boeing could use all the help it could get. in terms of the grievances against airbus, it goes back a number of years. >> it does, and this is breaking news on your bloomberg terminal. the u.s. has proposed some $11 billion worth of tariffs countermeasures that would hit a whole line of european products from french local for two roquefort two british stilton cheese. british stilton cheese. long-distance a350 off the ground. come outs supposed to in summer with an arbitration ruling on exactly what the amount of the subsidies might be. the u.s. is planning to trim their list to fit that. in the meantime, there are talks that the u.s. is hoping to conclude to settle here. if not, this is a clear warning shot that the u.s. stands ready to go with tariffs on airbus equipment. there is no question. a very delicate moment for boeing all a

e.u. have said that it's really just vying for more political influence by beijing and it's getting countries into a debt trap by lending them this money and then sort of being beholden to china because of it so during his speech he did emphasize that they're going to put forward some more us. and it's to fight corruption to put more sustainable green financing and to really have a higher standard of infamy mentation in these projects but for all the criticism the better road project is starting to be taken more seriously by other countries and we saw a big win for china actually with italy joining the first g seven country what's clear though as more players are involved in this project china is aware that there is going to be more scrutiny and they're really going to have to deliver on better deals more effective deals and deals that are truly a win win not just for china but for the countries in which these projects are implemented in former us vice president joe biden has officially entered the twenty twenty race to the white house mark says the term the presidency those are white house c

beijing will also cut back on state subsidies and in the future trade relations will be developed in accordance with the united nations principles and the world trade organization regulations. the e.u. is also giving a lot of ground. the chinese telecoms giant huawei is unlikely to see its technology banned from use in europe's ultra high speed five g. mobile network but that decision was controversial because of while he's government ties and fears of digital espionage so beijing's charm offensive in europe must carry on. now to some other global business stories making news china is mulling a plan to ban bitcoin mining the proposal appears on a list of industrial activities of thirty's considered unsafe or wasteful china began cracking down on corn offerings and cryptocurrency exchanges two years ago it's the world's largest market for coin mining hardware. sales have fallen for the tenth month in china has sold twelve percent fewer vehicles last month than they did in march last year demand in the world's largest comet has been hit by the growth slowing amid trade tensions with the u.s. . japanese comicon this will spend over two hundred million dollars equipping its south afric

beijing access networks around. china is drawing europe close a into its orbit it's besting heavily across the western balkans laying groundwork for a new battle for influence on the e.u. use french chinese prime minister the chinese in croatia signing trade treaties head of friday's joint economic summit with sixteen european nations. it's the first visit by a chinese premier here on the surface it looks like a mutually beneficial relationship. but some members of a beijing is trying to use the group to drive a wedge between brussels and the rest of the block. military honors for an honored guest chinese premier league caijing and his career counterpart under a plank of age quickly got down to business so a new deal spanning from tourism to trade and infrastructure projects. this is a major turning point in our two countries relationships and i'm exceptionally satisfied with our substantial talks today which realistically set the ground for future cooperation on the development of projects including industrial services railway infrastructure economic digital technology projects science education agricultural and financial services projects. that it will take an impre

e.u. has raised concerns over chinese barriers to trade, and the pace of its reforms. beijing says it aims to work with the block and has denies allegations that it has tried to deny investments in european states now, the u.s. believes there are still issues to resolve in trade talks with china a white house trade official told reuters there's some areas where there are not satisfied yet. discussions are set to continue remotely this week >>> coming up on the show, carlos ghosn pleads his innocence and claims he is a victim of a conspiracy in a video recorded just before his re-arrest in tokyo stay with us so with xfinity mobile i can customize each line for each family member? yup. and since it comes with your internet, you can switch wireless carriers, and save hundreds of dollars a year. are you pullin' my leg? nope. you sure you're not pullin' my leg? i think it's your dog. oh it's him. good call. get the data options you need and still save hundreds of dollars... do you guys sell other dogs? now that's simple, easy, awesome. customize each line by paying for data by the

they are spying on governments for beijing that they're stealing intellectual property that they used in money laundering and in bank wire fraud as it stands across the e.u. there's no unifying attitude towards who are way products here in germany there was draft legislation put forward that would make. a increased standards on telecommunication companies operating within germany and as it stands that could push out of the market that prompted applause from the united states saying we need more like this police it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany however the standards laid out in the draft proposal by the german government aren't that difficult for the way to live up to and then of course there was also the incident that followed the u.s. telling germany that they shouldn't use a product that prompted angle americal the german chancellor to say you don't tell us whose products we should be using for our own security methods what we're hearing though from the chinese side from to our way themselves is they deny all of the alleg

they are spying on governments for beijing that they're stealing intellectual property that they used in money laundering and in bank wire fraud as it stands across the e.u. there's no unifying attitude towards who are way products here in germany there was draft legislation put forward that would make. a increased standards on telecommunication companies operating within germany and as it stands that could push out of the market that prompted applause from the united states saying we need more like this please it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany however the standards laid out in the draft proposal by the german government aren't that difficult for the way to live up to and then of course there was also the incident that followed the u.s. telling germany that they shouldn't use a product that prompted i'm going to merkel the german chancellor to say you don't tell us whose products we should be using for our own security methods what we're hearing though from the chinese side from who are way themselves is they deny all of the

e.u. leaders are discussing another bragg's of postponement we'll show you why people in a small french town are hoping for just that and beijing makes big promises in brussels pledging equal treatment of chinese and foreign companies back home.

they are spying on governments for beijing that they're stealing intellectual property that they used in money laundering and in bank wire fraud as it stands across the e.u there's no unifying attitude towards who are way products here in germany there was draft legislation put forward that would make. a increased standards on telecommunication companies operating within germany and as it stands that could push out of the market that prompted applause from the united states saying we need more like this please it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany however the standards laid out in the draft proposal by the german government aren't that difficult for the way to live up to and then of course there was also the incident that followed the u.s. telling germany that they shouldn't use a product that prompted i'm going to merkel the german chancellor to say you don't tell us whose products we should be using for our own security methods what we're hearing though from the chinese side from who are way themselves is they deny all of the

they are spying on governments for beijing that they're stealing intellectual property that they used in money laundering and in bank wire fraud as it stands across the e.u there's no unifying attitude towards who are way products here in germany there was draft legislation put forward that would make. a increased standards on telecommunication companies operating within germany and as it stands that could push our way out of the market that prompted applause from the united states saying we need more like this police it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany however the standards laid out in the draft proposal by the german government aren't that difficult for who a way to live up to and then of course there was also the incident that followed the u.s. telling germany that they shouldn't use a product that prompted angle of merkel the german chancellor to say you don't tell us whose products we should be using for our own security methods what we're hearing though from the chinese side from who are way themselves is they deny all o

they are spying on governments for beijing that they're stealing intellectual property that they used in money laundering and in bank wire fraud as it stands across the e.u. there's no unifying attitude towards who are way products here in germany there was draft legislation put forward that would make. a increased standards on telecommunication companies operating within germany and as it stands that could push out of the market that prompted applause from the united states saying we need more like this police it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany however the standards laid out in the draft proposal by the german government aren't that difficult for the way to live up to and then of course there was also the incident that followed the u.s. telling germany that they shouldn't use a product that prompted i'm going to merkel the german chancellor to say you don't tell us whose products we should be using for our own security methods what we're hearing though from the chinese side from the wall way themselves is they deny all of th

in governments for beijing that they're involved in the stealing of intellectual property property involved in money laundering and also in bank wire fraud now there is no unifying e.u. view on who our way and how it's being used here in germany they put together a draft statements on standards in technology and telecommunications companies that at the moment could possibly force who are way out what we're hearing from the united states is they want to see more european union nations putting things into law similar to what we've seen in germany or trying to put being put through in germany or even to go further than that it's hard to see how chinese technology would meet that standard at this point we're looking for governments to adopt security standards like we're seeing in germany. the thing is though it wouldn't be that difficult really despite what we just heard there for who are way to meet the standards that were put forward in this draft bill there's also then again the most recent comments we had just last month i believe from the german chancellor angela merkel this was after a lot of pressure was put on germany by the united states and particularly the em

beijing. >> i thought these were very interesting comments. especially the week after the chinese president did that european tour with much fanfare. chinese investments in the e.uoreign policy and he also made the point that chinese companies are allowed to roam freely within the effort u. but european companies don't get the same reciprocity in china. one of the complaints people have had about the u.s. strategy is that rather than build an alliance, the u.s. took a fairly unilateral approach. so i think the effort u. either comments will certainly be noted in washington and interesting to see whether somewhat of a broader alliance does come or whether the u.s. continues to do that -- go flair own way and the e.u. cornlts to go their own way in dealing with china. >> could we see this president xi-president trump summit anytime soon? >> clearly talks are progressing. last week in beijing they were trying to get an agreement finalized they can hand out to both presidents but we had those comments from already yeah cudlow last year -- week saying it could take weeks or months. perhaps there's a deal on the table but in the narrative and signals out of those talk

e.u. up a notch over a transatlantic tiffs over aviation subsidies. also on the show beijing makes big promises in brussels equal treatment of chinese and foreign companies back home but will china walk the talk. welcome to business i'm john l. in in berlin good to have you with us president donald trump has lashed out at europe for subsidizing plane maker airbus saying that's made for unfair competition with the u.s. is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent trade tensions. here both isn't just an aerospace giant.