Welcome to do business asia i want to go to be with us chancellor Angela Merkel says germany will make relations with china a key issue during its 2020 year presidency she says europe needs a unified policy on china the worlds 2nd biggest economy its also germanys largest trading partner a crucial market for its cost of machinery brussels has taken a tougher line on beijing of late describing it is a strategic competitor germany takes over the rotating 6 months your presidency in the 2nd half of next year. For more lets cross over to our Financial Market correspondent all the bars are standing by for us in france furred well in other form our economy minister of germany said the difference between europe and china was that china has a plot is germany now trying to catch up here. I think so markel sounds like she at least has the idea of a plan and she wants to tackle that when she takes on the presidency as of july 2020 and the time is right the partner u. S. Is involved in a trade con
Furred all in how the former economy minister of germany said the difference between europe and china was that china has a plan is germany now trying to catch up here. I think so Angela Merkel sounds like she at least has the idea of a plan and she wants to tackle that when she takes on the presidency as of july 2020 and the time is right the partner u. S. Is involved in a trade conflict with china and its threatening europe as well theres a w t os spat over airplane subsidies with the United States so Angela Merkel has a case to move closer to china and i think also playing a role is that as the e. U. President she can set the agenda for her presidency and get people on board for what she has and planned i mean this is of course going to be the big challenge because what machall also says is that europe is lacking a joint china policy how realistic is it to get one. Was extremely difficult if it were easy we would have already had a joint policy chinas already a major player but it wi
Thing that the president talked about is whether or not turkey is going to live up to its end of the deal in other words as part of the cease fire agreement there was the lifting of sanctions on turkey put in place by the white house the u. S. President still dangling the option of putting those back in place along with tariffs on turkish products if in his words turkey misbehaves and when it comes to that impeachment inquiry where are we with that. Well the u. S. President has continued to undermine it even as there has been increasing public evidence in the form of testimony on capitol hill that there is a basis for the impeachment inquiry were talking about that telephone call that the u. S. President had back in july with ukrainian leader where he dangled withholding aid unless there was investigation into his political adversary joe biden the u. S. President saying that the only reason he believes that this is even an impeachment inquiry at of any form or fashion is because he bel
No on the latest growth figures we just cited some of those for china on the Global Forecast 429000 the i. M. F. Forecast is now at 3 percent that would be the lowest level in that figure since 2008 and that highlights a necessity perhaps from market policymakers to strengthen domestic financial vulnerabilities pose risks to growth in the medium term what domestic vulnerabilities do you think policymakers at the i. M. F. Are steering national pauli make and policy makers toward addressing. Well you know theres no i dont put a lot of credence into the i. M. F. To begin with i mean going back to Christine Lagarde i mean they really dont have an understanding or who have even how the Business Model works so i really put very little into what they say and if you want to tell you that chinas numbers chinas numbers ive never been we can never prove it to shine numbers are accurate either so between the 2 of them i really dont even pay virtually no attention nor do markets as you can see that
A series of scandals protests and confusion in bolivia the country waits for president ial Election Results but government is accused of manipulating the outcome and for Drugs Companies reach a multi 1000000. 00 settlement for their role in fueling the u. S. Opioid epidemic. So protesters in lebanon are standing their ground despite the government approving sweeping Economic Reforms Prime Minister saddle hariri announced the measures to diffuse the biggest demonstrations in years against the nations leaders the activists are not going anywhere until the entire cabinet steps down this report is from zanuck order in beirut the all of the people have spoken calls go beyond fighting corruption they want accountability and early elections and they say they arent leaving the streets until that happens protests are growing by the day the lebanese government however is refusing to step aside instead it is offering a plan that is supposed to fix the economic crisis without hitting the public wi