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After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor ....
Why are we throwing an apple at each other . Because this weeks first story is about launching satellites into orbit. Oh, youre not gonna try to launch this apple into orbit, are you . No, but if i did, which direction would i have to launch it . Not upwards. Not up because if i did, it will come straight back down again. Thats gravity. Thats gravity no, if you wanted this to go into orbit, you would have to make it go really fast sideways, about 17,000 miles an hour, so as it fell, it missed the surface of the earth and just went around it. Thats why rockets need so much fuel. Exactly which has been a problem since forever. But there is another way to get this apple to go that fast. Any ideas . Go on, amaze me. So, you could attach it to a long arm and then start spinning it round and round and round, and round and round, getting faster and faster, and once youre at the right speed. You let it go thats bananas no, its an apple. All right, here we go. Oh, my gosh robotic voice 200 mile ....
Why are we throwing an apple at each other . Because this weeks first story is about launching satellites into orbit. Oh, youre not gonna try to launch this apple into orbit, are you . No, but if i did, which direction would i have to launch it . Not upwards. Not up because if i did, it will come straight back down again. Thats gravity. Thats gravity no, if you wanted this to go into orbit, you would have to make it go really fast sideways, about 17,000 miles an hour, so as it fell, it missed the surface of the earth and just went around it. Thats why rockets need so much fuel. Exactly which has been a problem since forever. But there is another way to get this apple to go that fast. Any ideas . Go on, amaze me. So, you could attach it to a long arm and then start spinning it round and round and round, and round and round, getting faster and faster, and once youre at the right speed. You let it go thats bananas no, its an apple. All right, here we go. Oh, my gosh robotic voice 200 mile ....
Why are we throwing an apple at each other . Because this weeks first story is about launching satellites into orbit. Oh, youre not gonna try to launch this apple into orbit, are you . No, but if i did, which direction would i have to launch it . Not upwards. Not up because if i did, it will come straight back down again. Thats gravity. Thats gravity no, if you wanted this to go into orbit, you would have to make it go really fast sideways, about 17,000 miles an hour, so as it fell, it missed the surface of the earth and just went around it. Thats why rockets need so much fuel. Exactly which has been a problem since forever. But there is another way to get this apple to go that fast. Any ideas . Go on, amaze me. So, you could attach it to a long arm and then start spinning it round and round and round, and round and round, getting faster and faster, and once youre at the right speed. You let it go thats bananas no, its an apple. All right, here we go. Oh, my gosh robotic voice 200 mile ....
Why are we throwing an apple at each other . Because this weeks first story is about launching satellites into orbit. Oh, youre not gonna try to launch this apple into orbit, are you . No, but if i did, which direction would i have to launch it . Not upwards. Not up because if i did, it will come straight back down again. Thats gravity. Thats gravity no, if you wanted this to go into orbit, you would have to make it go really fast sideways, about 17,000 miles an hour, so as it fell, it missed the surface of the earth and just went around it. Thats why rockets need so much fuel. Exactly which has been a problem since forever. But there is another way to get this apple to go that fast. Any ideas . Go on, amaze me. So, you could attach it to a long arm and then start spinning it round and round and round, and round and round, getting faster and faster, and once youre at the right speed. You let it go thats bananas no, its an apple. All right, here we go. Oh, my gosh robotic voice 200 mile ....