let's go to eunice yoon who is following all these developments. she joins us live from beijing. eunice, what do these talks focus on? >> reporter: the talks have been mainly focusing on the economy. one of the big questions here has been how china could really contribute and support the eurozone, ever since the chinese premier wen jiabao made a couple of comments during the visit of angela merkel to china. he said china was considering a way of contributing to the rescue funds of the eu. of course there weren't any details athe that time and there are still no details of what that potential investment could possibly be. a lot of people say china has reason to help out the europeans because china and europe have a very close trade relationship, also china with its trillions and trillions of dollars in currency reserves does have the financial flexibility and the financial firepower to help. in one of the conditions and one of the concerns here among the chinese have been that europe really needs to be able to handle its own crisis on its own. it was interesting this week because i

eunice yoon from beijing, thank you. nina. >> back here in europe things aren't getting better especially for greece. this is the size of the hole in greece's public finances discovered by international inspectors as they were going through the country's budget ahead of approving a second bailout for the country. take a look at that. stands at $20 billion. well, greece will have to find this kind of money even as it goes cap in hand to the eu and imf for more than $170 billion in bailout cash and we should remind you all of this comes as talks continue about writing down or applying haircuts to the already $130 billion that it owes to private creditors, as well. these figures are absolutely staggering, andrew. >> that is some black hole, isn't it? >>> still ahead here, a pr stunt backfires spectacularly on bmw. more on that and plus the latest on the cold snap across europe just ahead. >>> from the beaches med trainen to the french alps snow continues to blanket large parts of europe and we have a story ahead about it. >

eunice yoon live in beijing with the latest on the proview-apple lawsuit. thanks so much, eunice.harles? >>> just ahead on "world business today," we'll give you a recap on the major stock markets and tell you why australia's foreign minister and former pm kevin rudd is stepping aside. @ so what do you think? basic. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> welcome back. live from cnn hong kong and cnn london, this is "word business today." >>> australia's foreign minister kevin rudd has resigned. he made the move at a hastily planned press conference. it came on the reports he was planning to challenge julia gillard from the leadership and reports she was ready to sack him. for more on the story, i'm joined by political editor hugh rimmi rimmington from the australia capital. one minute he's a foreign minister on a visit to washington, and the next minute he says, oh, by the way, i've resigned. it's very hard as an outside observer to avoid the impression that he jumped before he was pushed. >> reporter: you wouldn't wa