the economy that they're masking behind this phrase oh we're trying to create freight inflation simon china because it has companies told us they have to create more remember more chinese you want to see your hand outs of the people they're going to send it means actual real goods i mean old us needs great sadness structural. you know challenges and one of the things that we saw in 2020 was you know certain the pandemic amusement mort's was protectionism only local economies rob the nazi movement towards the globalization which was to try and riots now and so when you start to see this protectionism. you have to look off the people within your economy and you get the structural trade wars you get the structural geo political was and more importantly you get news currency wars wall the people are actually paying so those through hidden taxes because when you've got this monetary policies. this inflation but since you know being reported as we're going to deplete your savings by 2 percent per year but the reality is this was a cause a report was always called those numbers being changed and i

simon. the india — china fight. i can say is there are big forces at work here. the deterioration of the relationship between the us and china and also for businesses, what they discovered during the pandemic, they had an awful lot of eggs in one basket. in manufacturing in china. india realises that they noticed that and there is an opportunity for india to take up some of that business from china. they need to be more open and have market reforms, as marc said and as ashis said, some of these market reforms are hitting the traditional power base. when you deregulate like that, you will always come up against that. that is fiction we are seeing at the moment. india will try to get in position to take some of the chinese business and to do that, as marc said, you need to de—regulate and become more open. but that is not without problems. ashis, kamala harris, she is half indian, vice president elect, key indians in politics at the moment in the uk. is this a good moment for indians abroad? i am sure that indians are

thursday on the alec simon show and i'll be speaking to guests of the world of politics sports business i'm show business i'll see you then. welcome back to the program you and china have struck a landmark deal after must 70 years of talks that opens up the chinese market to european investment while giving beijing and inroad to some strategic european projects or want to cross live to artesia charlotte devinsky 1st charlotte what's in this deal and what kind of reaction has there been. well this deal has almost been several is in the making between the e.u. in china and they've really pushed the boat out to get it done before the end of 2020 essentially it means that there is the opportunity for the e.u. for investment in certain industries this is companies within the e.u. to be able to invest in areas of china before it had barriers around them such as the financial sector the health sector for china it means that there is this possibility of investing in renewable energy so this is something on the table for each side in this and this deal has been described by many as being the most ambitious deal that china has ever struck with a nation country. tomorrow's p

and china agree a milestone investment deal after years of talks but washington angry it wasn't consulted we'll find more coming up. join me every thursday on the alex simon show and i'll be speaking to us of the world of politics or business i'm show business i'll see you then. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being led. by. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or a maybe in the shallows. i get if you watch the clock exactly 17 past the hour now brussels and beijing of signed a massive landmark trade deal after years of talks it opens up the chinese market to e.u. investment while giving beijing an inroad into strategic european projects in return but as r.t. shouted to bensky explains washington's not happy. place dealers almost being 7 is in the making between the e.u. in china and they've really pushed the boat out to get it done before the end of 2020 essentially it means that there is the opportunity for the e.u. for investment in certain industries this is companies with

in china rethinking their global priorities according to a new poll with the focus shifting away from washington or on that among the stories after the break. join me every thursday on the alex simon show and i'll be speaking to us of the world of politics or business i'm show business i'll see you then. some people would associate optimism with risky behavior because they don't want to and like the trolls they don't want to incite the state they don't want to invite. they don't want to invite all kinds of trouble that comes with optimistic saying throughout history optimists have been punished it could be galileo it could be copernicus be einstein it could be all sorts of big steve jobs and they were punished for their optimism but now there is no punishment for. them. every year with great pleasure to be answered questions from our viewers and this year is no different as usual your questions focus on future events my panel and. come back to r.t. just turned 20 past midnight this new year's day here in moscow the pandemic could be a sign of things to come by the latest warning from the world health organization with the prospect of more deadly outbreaks around the corner of the

will rely more on china than it will perhaps on the united states that's all for this hour news while thanks for tuning in wherever you may be. join me every thursday on the alex simon show and i'll be speaking to guest on the world of politics sports business i'm showbusiness i'll see you there. max kaiser financial survival guide liquid assets are those that you can convert into caste quite easily. to keep in mind no assets mean to a pleasure to watch record. the ados a say. a few there won't be cheap but then to improve all that come true so let's ideas they're right to fold to us comfort he said if we give them everything slipped into fast. discounts. this is what we don't understand how we are poor in such a country. and there are certain elements of the same. noticing fundamentally. similar the simple dollar. why do you need one of those if you feel if the minutes of on board not that god can we believe again in the world with the phone about the food truck with the plane. would come back to the 3 story you have to see. to. keep you move. to the. hello and welcome to cross talk where all things are considered on peter lavelle in january there may be a new amer

australia's trade minister, simon birmingham says if true, the actions could constitute a breach of china's rights of australian businesses, to trade in a manner consistent with the undertakings china has made to australia and to the rest of the world. our correspondent in sydney, shaima khalil, explained the significance of the issue well, this is in response to an article that appeared in the china state owned newspaper, the global times, and in it, it reported that the country's top economic planner, the national development and reform commission, has approved that power plants are now able to import coal, clearance restrictions free from several countries with the exception of australia. so clearly singling australia out here. the big speculation now is whether australian coal is now directly targeted by the chinese authorities. it also quoted a senior academic who made that connection with diplomatic ties. so he's the head of the institute of energy and economy at the chinese academy of social sciences. his name is wang yong xiong. and he said, as the relationship between china and aus

viewership in sports industry simon chadwick expects that in 2021 will see more and more are speaking up on political issues. this is really significant because. the last 10 years china has been a very lucrative source of business not just for individual athletes but for european football clubs in general and in fact across world sport and if we're now getting into a new environment where individuals or groups are going to start making statements about china or taking principles of particular positions of principle then it does potentially begin to impact upon the nature of relationships that european and world sport has we chinese business we saw last year for instance mesut ozil who of are still making statements on twitter about week of muslims in in china and as i say where we've seen particularly this year in 2020 although certainly out over the last 3 or 4 years where athletes do feel they can be very open very public in in the positions that they are taking on really important issues and they're being very vocal and not just be very vocal as well i think we've been through an era of you know the last few months so particularly in the context of the black lives

china and the us mean the paris climate accord is "within reach". sport now. and for a full round—up, from the bbc sport centre, here's holly hamilton. did you miss me, simon? now isolating for ten days but says he's fit and well. he's not missed a race since his debut in 2007 and must return a negative test before returning to the paddock, meaning he's a doubt for the season—ending race in abu dhabi next weekend. mercedes say they'll name his replacement for sunday's race later. as part of a lengthy statement on social media, hamilton said... just two days after his horrific crash in bahrain, f1 driver romain grosjean has said he hopes to compete in the final race of the season in less than two weeks' time. the haas driver, who'll spend a third night in hospital with burn injuries to his hands, posted this picture on social media earlier. in case you are one they are body squats. he said... "never thought a few body squats would make me happy. body recovering well from the impact. hopefully same about the burns on my hands." football and newcastle's training ground remains shut today as the club try to control an outbreak of coronavirus. three players and

australia's trade minister, simon birmingham, says if true, the actions could constiute a breach of china'sde 0rganisation membership, in addition to its free trade agreement with australia — adding this is the latest in a series of events faced over the past couple of years. this cumulative series of actions has prompted us to call it out and to raise our concerns, publicly here in australia, directly of course with china, through all the diplomatic channels available to us, and ultimately to do so at the world trade 0rganisation. we intend to continue to pursue every avenue, to defend the rights of australian businesses, to train ina australian businesses, to train in a matter consistent with the undertakings china has made to australia and to the rest of the world. now, this is a move likely to cost the australian economy billions and of course further inflame tensions between the two nations. let's get more from our australia correspondent, shaimaa khalil, who's in sydney. it can't be stressed enough, can it? how important china is to the australian economy in terms of gdp growth. talk