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Transcripts For DW Business - News 20171019 17:15:00

The talk about reform in beijing of course like everything coming out of china should be taken with a great grain of salt everyone knows that the president of china talks about a more open economy the reality in business looks quite different thats the same with the Growth Numbers coming out of china china has a long story and history of doctoring its Economic Data but the mere fact that for example this data more or less comes in line with what had been predicted by the government in beijing is reassuring for markets and we have to live with that i guess who come on lets have a listen in to one investor hes based in beijing and had some very interesting things to say about as far as access goes for foreign firms in china. Well weve heard these these talks and i think all those who are holding the speeches especially the governor of the central bank are probably convinced that thats the way to go but what we see on the ground is that Reform State Owned Enterprise reform is not happenin

Detailed text transcripts for TV channel - DW - 20171019:17:24:00

that was tough talk from the man on the ground invading and i guess that we should rather see corporation with the chinese of course nobody wants to china to be in control nobody wants a state like george orwell s one thousand nine hundred eighty four governing the rest of the word but what choice do we have we have to see corporation and talk carbo s in there in frankfurt thank you very much another nation under pressure to reform is france president obama core signed his contentious labor market reform into law last month it aims to drive down unemployment by making it easier to hire and fire trade unions call it an attack on workers rights or to businesses think. here in the heart of paris guy tommaso works tirelessly all day every day

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