Teen trillion the 2nd biggest economy in the world well lets talk to you about that resident china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while youve just mentioned some of the amazing benefits that its brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think weve seen it in the environment theres been a lot of problems with the environment in china and the People Living in china are paying the cost through pollution its also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that its not based on a Democratic Political basis it comes from an all toward tarion marxist model so thats created some kind of regional tensions and now as weve seen its created global tensions which of turned into this trade war between china and the United States and has the complaints about human ri
The democrats say the phone call to wear a high fashion travel companies, could be tantamount to promoting putting thousands ofjobs at risk. Take on a straight jacket stages also on the programme foreign interference a protest at Milan Fashion Week. In the 2020 election. Thats all coming up and a gucci model who was made to wear a high fashion take on a straightjacket stages a protest here on outside source. At Milan Fashion Week. Thats all coming up here on outside source. Delegates at the Labour Party Conference in brighton havejust voted to back their leader, the warnings on climate Jeremy Corbyn on Brexit Change are stark. It means the party Wont Campaign Global Temperatures are up, to remain in the eu in the next sea levels are rising and scientists general election. Say the signs and impacts of global the decision comes after a fierce debate over labours brexit policy. Warming are speeding up. Our Political Editor the un secretary general, antonio guterres, has gathered world Lau
Teen trillion the 2nd biggest economy in the world well lets talk to you about that resident china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while youve just mentioned some of the amazing benefits that its brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think weve seen it in the environment theres been a lot of problems with the environment in china and the People Living in china are paying the cost through pollution its also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that its not based on a Democratic Political basis it comes from an all toward tarion marxist model so thats created some kind of regional tensions and now as weve seen is created global tensions which of turned into this trade war between china and the United States and has the complaints about human rig
Communist back capitalism chinese g. D. P. As risen from 150000000000. 00 in 1978 to over 400 trillion the 2nd biggest economy in the world well lets talk to about that president china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while youve just mentioned some of the amazing benefits that its brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think weve seen in the environment theres been a lot of problems with the environment in china and the People Living in china are paying the cost through pollution its also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that its not based on a Democratic Political basis it comes from the torah tarion marxs. Model so thats created some kind of regional tensions and now as weve seen is created global tensions which of turned into this trade
Joining us for the entire hour is dan nathan, founder of risk reversal advisers. Welcome back to you. Sara. So theres something youre looking at about the s p 3000 level and fed meetings if you go pack to july 31st, the last time that the fed met, they cut a quarter basis points Interest Rates the first cut in ten years and the stock market was above 3,000. And and it wasnt until the trump tweet the next day that we broke down and stayed down all of augusts here we are now, expectations are for another cut, and it seems like the s p has really paused again at the same level, about 3,000. Weve got lots to discuss with dan, but lets drill down on the big stories were watching today bob pisani is tracking the big reversal leslie picker has details. Mike santoli has a special market dashboard ahead of fedexs earnings which hit after the bell and well have for you here on closing bell. A big day in oil. Oil dropped right after the open on a reuters story that saudis oil output would be full