Paris for new years frasier. Our 2 part series the 3rd reich dog starts nov 12th on g. W. Just how resilient is china from the trade routes with the u. S. To the coronavirus can damage chinas economy seems to weather all storms we talked to 2 experts to find out more about china strength and slow. Also coming up a Major Construction project in the baltic sea comes on the scrutiny of that theme on tom will be stopped by the court. Welcome to the business i want to get good to have you with us. The Worlds Largest economy is going to the polls today to elect a new president 4 years of donald trump in the white house have changed the Global Economy despite his america 1st mantra china grew from strength to strength under his watch. Its a bugs life setting records mobile Payment Company is expected to raise as much as 30000000000. 00 when it debuted on Chinese Capital markets this week the companys i. P. O. Will be a purely domestic affair due in part to rumors but washington is mulling bla
Polls today to elect a new president among those closely watching is china and its relationship with the u. S. And perhaps with the world has changed significantly over the past 3 and a half years from its trade war with the u. S. To the dispute over who way and the face off economic Hub Hong Kong chinas export oriented economy has faced Turbulent Times now it wants a new direction the fate of which could depend heavily on who sits in the white house. Across the west chinas economic model is coming in for closer inspection. The long held notion that free trade would bring democratic reform and openness to Chinese Society is now largely perceived as fiction. Instead as chinas economy has strengthened so has beijings resolve to go its own way made evident with recent crackdowns and change on and hong kong. What happens in hong kong and you. Have remarkably little to economy consequences for the chinese Chinese Government at the school now its not just the u. S. Thats mulling a rebalance
Changing condition. Futures point higher in sydney and tokyo. The yen holding back. Almost everybody is softbank thinks the group taking a Group Private is a bad idea. We will look about the chances of such moves actually happening. Lets take a look at how we are kicking off trading in sydney. It is a public holiday. But we do still have the cash 4 in thep about 0. First two minutes. This comes on a busy week for australian traders. The budget where we are expecting to see assumptions made about a vaccine becoming available and we are also getting a report that is trillion is set to further lift that that australia is such a for the lift that debt ceiling with 4 billion u. S. Dollars with the debt ceiling being lifted higher to 1. 1 trillion. Looking at the aussie dollar ahead of the all be a. We are expecting no change. Markets are significantly pricing and now another rate cut. Before the end of the year. Dollar trading at 71. 67. In new zealand, two weeks out from the election. Kiwi
Ive been a strategy welcome to d. W. News asia that you could join us earlier this week for the ministers from the u. S. Japan india and australia met in tokyo despite a raging pandemic their aim to discuss their response to chinese influence in the region what u. S. Secretary of state might pompei or described as the Chinese Communist parties exploitation corruption and coercion the meeting between the 4 known as the quad comes at a time that each of these countries is facing increased pressure from china either militarily diplomatically or through trade ill be asking an expert what these countries plan to do but 1st this report. Foreign ministers from 4 of the egypt listen. Regions biggest powers coming together for face to face talks in tokyo. Its only the 2nd time that theyve met in this format but quad members say theyre keen to step up cooperation the fact that we are meeting today in person despite a Global Pandemic is a testimony to the importance consultations have gained. One
Conclusion her conclusion is that in those incentives it will be decided whether germany loses control of this corona pandemic those are the was that the german chancellor used so once again a very dramatic appeal to the public to follow those 8888 regulations so basically keeping distance wearing the mask and making sure that you simply listen to what ever local regulation is in place at that particular moment in time im curious did she mention any new restrictions. Well theres a whole list of new restrictions that she is now set in paper that measures that cities could be taking that includes closing times very tough closing times for bars and pubs potentially and for restaurants that could mean alcohol bans it could mean the requirement to wear masks also in public spaces that are very crowded something the city of munich has already done for instance and tougher regulations on how many people are allowed to meet once again in public now theres a lot of talk here that these restrict