Credible look. Welcome tonight. Every week w. U. A rebuilds with political connotations china is reportedly ordering Government Agencies to get rid of all foreign made computers and software could this be in retaliation for western all still being towards. Also coming up off war at the World Trade Organization bodies leadership trying to save the Appeals Court as the United States blocks the appointment of the judges and making the switch take you to a dairy in mexico which makes cheese using solar thermal signal. Was called welcome to. The Financial Times says china has ordered all its government on. Offices and Public Institutions to remove foreign computer equipment and software within 3 years it is the 1st time beijing has given buyers if you could start since to switch to domestic Tech Companies it comes in the midst of the trump administrations Global Campaign to curb the use of Huawei Technology outside of china the move is likely to have a big impact on u. S. Tech companies suc
The showdown between the president and House Democrats intensifying over the constitutional rules. As th dodge administration saidl not come plo comply with impeachment inquiry. And Hillary Clinton joking she could obviously beat President Trump against in a 2020 rematch. Maybe there does need to be a rematch, obviously, i can beat him again. Melissa there you go. I am Melissa Francis in for elizabeth macdonald, the evening edit starts right now. Melissa good evening, we have all of the angles covered, Edward Lawrence in dc, to your money with gerri willis on the floor of New York Stock Exchange, we start with edward at the white house. Edward . Reporter all eyes on trade talks tomorrow and friday, well see if the smiles happen at the door for handshake, for the meet and greet for heads of two trade teams, and if the smiles trade away, chinese trade delegation came here to try to work out a deal on parts of the agreement that both sides agree upon, then well have a timeline Going Forwa
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
Vulnerabilities do you think policymakers at the i. M. F. Are steering national pauli make the policymakers into the i. M. F. To begin with i mean going back to Christine Lagarde i mean they they really dont have an understanding or a clue of even how the Business Model works so i really put very little into what they say and you want to tell you that chinas numbers chinas numbers and ive never been we could never prove that the shine numbers are accurate either so between the 2 of whom i really dont even pay virtually no attention nor do markets as you can see that the market drop near record highs so theyre not listening to what they have has that either because again i lend them no credibility as far as i understand the actual structure and how these markets are working so now it should be obvious to any country thats already been developed that they cannot possibly sustain double digit growth so china in particular has had double digit growth for the past decade and now everybody e
A serial offender according to reports so the u. S. Just decided to ignore the ruling decision of the day because it didnt like the outcome of the case so now china is requesting authorize ation from the d. S. P. To suspend concessions and related obligations at an annual amount of 2400000000. 00 the u. S. Could challenge the amount of sanctions sought which would send the dispute to arbitration and while all this is happening the u. S. Is working a different angle with to hit china back with the transatlantic fight over the aircraft subsidies at the between the u. S. And europe may allow for the u. N. U. S. To come together to draft rules for industrial subsidies to take into the w t o as a way to force change in china all it needs now is a final resolution to the air bus boeing fight. The International Monetary funds latest World Economic outlook report has downgraded chinese growth forecast to 5. 8 percent for 2020 lower than the 6 point one percent forecast for 2019 while trade ten