ok for more americans mission to china let's not talk to john holzman the president and co-founder of political risk consulting from john c. holzman enterprises a great pleasure to see you today thanks for coming on the program the question i have to start with is i really want to have you answer is frankly what's in it for china to invest in the you're just saying watch on is being used as another form of a bailout. well that's indeed what i think mrs america would like and one of the things she's going to talk about with the chinese is that they should really use their vast foreign exchange reserves which are the largest in the world to buy italian and spanish bonds and that's going to sound awfully odd if you shouldn't go and when shit about what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china our go to germany that's a booming relationship that's the difference on couple in

need another bailout as its formally strongest reach in catalonia has run out of money consultant john holzman believes that will not be able to convince beijing to throw its cash into europe's struggling south what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china our go to germany that's a booming relationships that's the difference uncouple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no unbind spanish and italian bonds as the chinese not become suicidal and this is america can be a good business person for germany but i doubt she can do the same for your the chinese are very polite indeed but they're realistic of everything but they don't want to be saddled with the insanity that is at the productivity of italy and spain comparing the productivity of germany the euro zone's work very well for germany these other weaker countr

people out of the predicament they're in but of course in the real world this just isn't the case john holzman the president and co-founder of join see holzman enterprises alive and buck thank you very much for coming on it's a day pleasure as. well spain is reportedly considering whether to oscar for another bailout catalonia known for its proud and independent attitude is now seeking of a five billion euros of rescue cash from madrid spain as prime minister the fact that such a wealthy reaching cannot meet its debt financing open occasions it's a major problem couple ernie accounts for almost a fifth of the country's economic output both of it well on the believes the whole situation could have been eased of. the way in which the spice tax system works it gives the sway. the central government that's collects all the taxes actually ninety five percent of them and then pretty stupid stemm among the different regions. following the. great c.d.o. as they call it the reach of regions gets less money the poor regions get more money so that's a load you know which actually gets back very a small a