this. is this what you were expecting? this. is this what you were meeting? this. is this what you were exectinu ? ~ , expecting? well, it did seem like the company expecting? well, it did seem like the company was - expecting? well, it did seem| like the company was coming expecting? well, it did seem i like the company was coming to the end of its road. it has been 1.5 years. the chairman was placed under investigation by mainland law enforcement authorities so it did look like the company was really struggling to come up with any kind of thing acceptable to the creditors. ., ~ , kind of thing acceptable to the creditors. . ~ , ., ., creditors. talk us through what ha ens creditors. talk us through what happens nova creditors. talk us through what happens now. for creditors. talk us through what happens now. for those - creditors. talk us through what happens now. for those that i creditors. talk us through what. happens now. for those that are owed a lot of money, wh
sluggish exports and waning demand had been weighing on the economy. earlier i spoke with a former us diplomat who explained the balancing act germany has to trade with china. i think germany is trying to do what it can to enhance the economic relationship while still respecting the important political alliance with the united states of course the crux of this is ukraine, where both germany and the united states support ukraine at pushing back russia and china is on the other side of that with a warm embrace of putin. what challenges will both countries face moving forward economically? there is a question for germany about dependency or concentration risk. remember as a lead up to ukraine germany continue to build its economic relationship with russia and ended up in a vulnerable position in regard to energy supplies. i think there is some sense it s germany might want to repeat that with china or not. at the same time they have a business obligation to do what they can to b
former us diplomat who explained the balancing act germany has two trade with china. i germany has two trade with china. ~ , . , germany has two trade with china. ~ , ., , , china. i think germany is t in: china. i think germany is trying to china. i think germany is trying to do china. i think germany is trying to do what - china. i think germany is trying to do what it - china. i think germany is trying to do what it can l china. i think germany is| trying to do what it can do china. i think germany is - trying to do what it can do to enhance the economic relationship while still respecting the important political alliance with the united states of course the crux of this is ukraine, where both germany and the united states support ukraine at pushing back russia and china is on the other side of that with a warm embrace of putin. what challenges will both countries face moving forward economically? economically? there is a question economically? there is a question f
and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is the firs