Policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainable growth that has polluted the environment and lead to an explosion in debt 29000. 00 ended on a solid no with industrial output investments and retail sales all rising more than expected however chinas annual aluminum production fell for the 1st time in 10 years and unsurprisingly chinas pork output plunged to a 16 year low as the african swine fever killed millions of pigs down 21 percent imports of pig pork surge as china is also the worlds biggest pork consumer which in turn caused chinas food prices to soar to an 8 year high. This is fascinating because weve seen actually World Markets react in a positive nature due to these numbers despite the g. D. P. Of china going down now we kind of expected this and this was all because we couldnt maintain those double. Numbers correct correct its because it is now a stable number and this is actually exactly in line with what the government policymakers they predicted at the beginning of the year so you could actually say that they have just met expectations and thats a very positive because for the entire year people were very pessimistic because they thought that the drain the financial drain of holding up this trade war and battling the us by the entirety of 29 when actually a bigger drain on we Economic Resource and i want to quickly touch on the aluminum we know weve seen that their production fall but steel output has gone up so what happened here so actually if you look into a china suffered a couple of aluminum outages this past year there were a couple accidents and explosions in the factories and that contributed to the decline in output so if you look at the output for the overall metals and Materials Market which includes Aluminum Steel market 10 copper etc that is actually up 3. 5 percent exactly in line with expectations and also hitting an all time record high and its interesting to see whether this will actually take effect into the phase 2 if steel and aluminum because that was a big portion of why trump started this trade war in the 1st place was the what he called characterizes as the Illegal Dumping of inferior steel in the u. S. Market so will definitely take a look at that as we move forward. The strikes in france the drone strikes in france to do proposed reforms by president menem a crown have been ongoing since early december while the numbers in the streets are dwindling the lose museum in paris was forced to close friday as dozens of protesters block the entrance this marks the 1st time strikes have affected the museum and an exhibit marking the 500. 00 anniversary of the death of Leonardo Da Vinci and the transport strikes have are having a greater impact on the overall economy of france are to Shirley Dubinsky is in paris and filed this report for us. Its the longest continuous transport strike in florence while trains and metros may be slowly getting back on track this strong could be pushing frances economy the rails. I think we are financially impact. Because we have a decrease in traffic for almost 6 weeks now as a result of the transport not working which is almost 20 or 30 percent of our current. And his shop is not alone in feeling the pinch an estimated 10 percent of businesses may need tourism so Souvenir Shops Hotels and restaurants have been hit by the strikes some businesses say their turnover losses are actually as high as 50 percent as the transport shortage kept visitors a way particularly over the busy Christmas Shopping season. Its true we were afraid. To get our trainer here. Because the master stations are closed. And trains were. A couple of times. It was quite complicated because it was a trip for a birthday we wanted to come in november or december and now its january and we only managed to. Train was cancelled 6 times each time they were cancelled last minute so we never knew if we could come or not but in the end we have succeeded the strike was initially called by transport staff in response to french government Pension Reforms now it plans to merge 42. 00 different plans into a universal system which it says will be fairer deal with future pension deficit for costs also wanted to raise the age of retirement by 2 years to 64 but this has since been back tracked and while the strike has spread across many french sectors including teachers doctors and lawyers and more downing the tools of their trade frances state National Company is the one thats really counting the cost i sense if says it will now have to look at ways making up those losses though it has ruled out job cuts theres still no end in sight to this rolling strike action which still according to the polls has the. Backing off the public meanwhile the government is pushing full steam ahead with its plans with the pension reform bill which due to be submitted to the parliament next week. In paris. Indias commerce minister prior should go well says the country is in the final stages of a bilateral trade deal with the United States which they hope will resolve some differences between the 2 nations during a security conference in new delhi the Congress Minister said with the us we are in at an advanced stage of dialogue to sort out some of the pressing issues meanwhile the wall street journal is reporting that the trade deal could be announced during a visit to new delhi by u. S. President donald trump in the near future now according to the journal the deal could ease some of the u. S. Is longstanding concerns with indias trade and economic practices while in return restoring indias preferential trade status allowing the nation to ship billions of dollars of duty Free Products to the u. S. The trade pact between india and the u. S. Would not be as comprehensive as the recently signed deals between washington and their north american trade partners or recently negotiated deal with the recently negotiate a deal with japan at this time no official date is set for a visit to india from the u. S. President. Time now for a quick pause but hang tight because just on the other side the electric. Companies are racing to dominate the market lauren fix the car just standing by to take us through the speech he sat down last month thank you and the latest controversy swirling around facebook and how the scandal has landed in sam ahead theyll tell us that out and as we go to break here are the numbers that close. My students. Number. And. Just. When. I. Saw. Your sports. Mainstream news is in ruins i should know because i saw it from the inside and i know how they are. Falling for graduation distractions and fiction that tells you whats really going on tune in to our team america where we always question. Well the highly anticipated phase one finally got signed this week lets see how we ended up over on moscow the most to new highs already up almost 4 percent in 2020 after the surprise resignation of the russian government this week the market rallied 1. 6 percent as observers cited that a new government could boost russias anemic pace of Economic Growth over in shanghai the market is down half a percent as the market rallied into january 15th signing but then slump and fell in a surprise move where no additional tariff rollbacks were granted the market had expected more reprieve and was disappointed that not even a schedule of the tariff rollback had been agreed to by the us in phase one over in japan the nikkei hit a new 52 week highs friday up almost up. Scent for the week as hope for rebounding Global Demand and a softer yen drove broad based gains the nikkei rose as big growth exports such as Construction Equipment to lead manufacturing and toyota and sony also made advances financial peers no more on mitsubishi financial and Sumitomo Mitsui also gain as expectations for strong earnings season kicked off over in hong kong the market also gained 1. 5 percent for the week closing at its highest level in 8 months as a summer Economic Data suggested that growth in asian nations have bottomed out and are quickly rebounding Industrial Production and retail Sales Beat Estimates as countercyclical policies have come into play over in india the sensex hit all time highs this week as the loonie overhang of china and the u. S. Was lifted after 18 months markets are now looking forward to earnings where all eyes are on Reliance Industries h d f c bank and h. C. L. Technologies meanwhile foreign Institutional Investors are still remaining net buyers into the Capital Markets this week as emerging markets are back rotating to favor down australia d the a. S. X. Extended gains to fresh highs following strong retail sales data Risk Appetite have largely improved since beijing and washington into phase one and mining became the top contributor to the aussie benchmark jumping 1 point one percent to its highest since july of last year rio tinto gained 1. 8 percent as a forecasted higher iron ore shipments in 2020 and manufacturing and construction and Global Growth outlooks began to recover and finally the all shares in south africa were up as its surge in line with other Global Markets which were all buoyed by easing trade tension and the saying corporate earnings resources and industrials led as the outlook improved and demand for gold platinum and palladium remain solid now over the brow of the rest of america. Thank you kristie looks like were having a positive week for western markets and lets dig into whats going on here look at some numbers in paris the cac. Its up on the week mostly due to the easing and trade tensions with the signing of phase one as weve seen across markets all over the world now automakers renault and peugeot which should face trade sensitivity saw a bit of a boost at the end of the week but are still down on the month now the german dax now that is flat on the week that trade deal and chinas g. D. P. Coming in where Analysts Expect it gave it a boost at the end of the week utilities and construction made some moves while volkswagen struggled this week which could have correlated correlated to the fallout from that admission scandal which we had on earlier this week the footsie in london that is up on the week its up more than one percent feeling the same benefits as some of these other markets so the markets were elevated by resource stocks which is something to keep an eye on here and december marked the 5th straight month without growth in the Retail Sector in the u. K. Now moving to the americas the is up on the week and theyre looking at the data out of china as well now the last 3 months have been good for the. Big gains however roberte ocampo scenario the president of the central bank of brazil gave a speech in miami friday where he recommended caution on their Monetary Policy so the net again something to keep an eye on now moving north into north america the b. M. V. In mexico is up for the week with gains of over one percent hitting 4 week highs on the back of the u. S. Senate approval of the United States mexico Canada Agreement group of Mexico MexicoMining Company was one of the leaders in the clubhouse when it comes to gains on the week in mexico in the u. S. The 3 indices the the nasdaq and the n. Y. S. E. All up on the us ms. Good food descriptions sound up to tell using even for the owners so how to choose the pet Food Industry is telling us what to feed our pets really more based on what they want to sell us than was necessarily good for the pet turns out that food may not be a soap the best people believe we have animals that have you know diabetes in arthritis they have auto immune disorders allergies we are actually creating these problems its a huge epidemic of problems all of them i believe can be linked to very simple problem of diet and some dog owners so heartbreaking stories about their pets less treats the larger corporations are not very interested in proving or disproving the value of their food because theyre already making a 1000000000. 00 on it and theres no reason to do that research. The world is driven by shaped by our own person. Of the day or thinks. We dare to ask. It. Must lead new software why is no cookie the salaam to you or from new to focus all of us to do stories to accomplish one get what. You see in the film or stuff the most good moment in a. Row or balloons. You know. Some 460 kilometers of the pipeline remains to be built but the contractors involved have stopped pipe playing due to the after mention sanctions. And i phone manufacturer foxconn an automaker chrysler are planning to launch a joint venture to build electric cars in china while no deal has been officially made f. C. A. Concert confirmed on friday that they are in talks with home high the Parent Company of foxconn for the creation of a 5050 joint venture to develop next generation Battery Powered electric vehicles with a focus on the Chinese Market now feel that chrysler will deal with manufacturing the vehicles while foxconn will work on the electronics and Software Included in the cars now f. C. A. Recently merged with peugeot maker p. S. A. To become the worlds 4th largest Auto Alliance and joining us now to discuss what this means for the future of that a bevy of other auto related news is the car coach lauren fix lauren thank you so much for being here with us today thank you for having me back of course and now a couple of quick ones on this f. C. A. Foxconn joint venture its interesting to see the traditional tech manufacturers moving into Vehicle Design in fact last week at c. S. In las vegas we saw sony unveiled the vision as a concept car with a focus on tech and Entertainment Options inside now there are no plans on selling this vehicle but it was a Good Opportunity to show off the tech that they can put in a vehicle so why are we seeing Tech Companies getting into autos. Well you see actually its really a smart idea look at apple theyve been developing a long term its called the titan project they were going to build a car as well building cars is a very expensive venture the Profit Margins are not what they would be like they are in tech so typically they wont build exactly a vehicle but will use that tech and partnering with someone else which is what so smart about this foxconn deal they build the i phone they know how to build technology if they take that same maybe this has to do something with the titan project that we dont know yet because you take that technology and you put it into a known manufacturer like chrysler now that its going to merge with p. S. A. You know of a global car platform that needs this interface and fox kind of saying its going to be up to 10 percent of their revenues thats huge and that should cause their stock to boom as well now we just reported thursday that tesla is also looking at creating a design facility in china after launching the shanghai manufacturing facility why are we seeing this big push into the Chinese Market is it about the subsidies provided for the e. V. A. s or is it just about pushing into one of the Worlds Largest auto markets where the Worlds Largest market youre correct is china and there are a lector vehicle segment is the largest increase of about 6 percent but keep in mind overall theres a lot more cars there a lot more people than there were here in the u. S. Opening up by the Chinese Research and design facility is very smart because their cars and their needs are completely different than that of the United States and other places of the world now because hes in such a unique situation that hes new and he is getting these subsidies its a great opportunity but keep in mind sales for chinese cars are down dramatically and they have been month over month and that could be an impact in a negative factor in the other factor to consider is the subsidies going the way theyre hoping in china that because they have this quarter for the clean vehicles that this is going to be how theyre going to fill that void well and i do have a question about your answer there because with tesla being kind of a nice manufacturer there theyre smaller than like the big guys obviously then even. That were talking about here so why is it a good move for them to kind of focus so much on the Chinese Market when theyre still really trying to roll it out to the rest of the world. Well you got it you have to try and get as much money cashflow as you can if youre losing your subsidy which is completely gone here in the u. S. As far as tesla is concerned you have to figure out how my going to make up that money well theres a subsidy thats going to him in china that plus hes got a relationship with the Chinese Government trying to access the largest market get as much cash flow try to own a better effect