In the economy grow to be in 2 years we china is most last thing growing economy and then you have the fossil growing to go on i mean its also quite a lot of Electrical Energy the build a lot of the bridges they build a lot of electrical stations you know make their stations and this is a reason why they have resources just to like ron the Mining Operations and in china because they have better composite see right now approximately like ports see maybe 50 percent of the Mining Equipment operating right now but during that time i think these distribution will be changed soon right now people just doesnt really trust for their government because the government doesnt have to be nations about the money the europe doesnt have a very good prices for and it doesnt get an out to boston city because the idea that. The coin is becoming the new gold its becoming gold 2. 0 still hardest money thats ever been weve ever been and ever seen in. Manatee it seems logical that eventually states governme
And then think only by b. Quietly using them from the seventys but the normally revolution if you feel about the beat going like bachmann for structure its the warmer all the operational expenses and this is the reason why instead of the c. P. U. The speech for g. P. U. Because the working more efficiently and consume less Electrical Energy and then they go to f. P. G. A. And right now all the new cities using a seems ok so theres a bit of an arms race in the technology of big client mining and in china of course you have huge players who not only designed chips but they also have a lot of Energy Available to them and they dominate with between 40 or 50 percent of all the mining depending on how you look at it is is that concentration of mining in china is that an accurate description and is that going to continue in the near future and is the new coronavirus does that threaten chinese mining in any way. 2. Is forced chest like the obstacles for china because see if you look equal in t
Rape. You can find out more about all of those headlines of our t. V. Dot com today with an r. T. A. Now for the kaiser report thats next. Im max keiser this is the kind of report stacey what are we doing here this doesnt look like mexico in fact we are in mexico so were trying Something Different were down in cancun on the beach were covering the stories of mexico and having a good time but were doing it. On our. Backs kaiser and lovely cant couldnt mexico on the beach with the palm trees swaying in the monkeys chattering special guest with us today alex petroff see i. Bit fury there rocking it out in the mining space thank you marks for my to. Finally tell us about theory its a company that was very early into big and we heard about it we talked about on cars report going all the way back maybe to 2011 or so but tell us a little bit about it to be for it was wrong to be in 2002 well initially it was like everything was just beginning from the whole big suv the people were so many dif
Expecting 8. 6 and were getting 17. 7 . Those numbers getting close to the new years chinese holiday. Maybe there is a seasonal effect on these numbers. Rishaad these are good numbers, 17 . Lets have a look. We will have a look at what is going on with dollar numbers. Lets wait for that. Exports, in dollar terms. Do not have the dollar number yet. Nikkei up 0. 8 . At 29,000. Asx moving tohe the upside. Front andd the yuan center. 110 since may 24 or Something Like that. Getting more and more strong. 6. 87 . More strength coming through with the yuan. That could be down to what we are seeing with export, import and trade numbers. Yvonne these numbers when it comes to 2019, exports rising 5 from a year ago. Imports rising 1. 6 . The trade balance coming to 2. 92 billion renminbi. It seemshole year, things were looking better and not as bad as forecasted. Still in the green. David people would say it is backward looking data, but when you look at the trend, things are getting better. That
And then. It is the way i negotiate. It has done very well for me over the years, and it is doing even better for the country. Me over the years, and it is doing even betterfor the country. And i do think. Look, heres the story. I have people say, make a deal, make a deal. They dont have the guts, and they dont have the wisdom to know that you cant continue with a country that is taking 500 billion, not million, 500 billion, with a b, every year, 500 billion. Somebody had to do this. It should have been done by president 0bama. And sleepy joe biden. It should have been done by other people, it should have been done by bush and clinton. Double bush. It should have been done. I am doing it. Let me tell you something else. North korea should have been done a long time ago. Im doing a lot of things that i shouldnt have to be doing. Go ahead, please. Beth rigby, sky news. President trump you, you have met our new Prime Minister, borisjohnson yesterday. You said he was the right man for the