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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 ques ....
started itsjourney to the sea bed. the sub itself is about seven metres or 23 feet long, and can carry about five people typically, crew and passengers. it s believed that the vessel has enough oxygen for four days. there s a major search and rescue operation under way to find the vessel pictured here before oxygen runs out. the titanic sank in 1912 and lies some 3,800 metres or 12,500 feet beneath the surface. five people were on board the mini sub. one of those is believed to be british businessman and explorer hamish harding, who wrote on facebook recently that he was due to join the latest expedition. moments ago, i spoke with our correspondent who gave us this update from boston. it is all being coordinated from here in boston. they are leading what has become an international search involving officials from the us and canada as well. because it is, of course, from newfoundland that the ship that transported this sub to the wreckage site of the titanic left 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 th ....
sluggish exports and waning domestic demand are both weighing on the economy. those economic concerns are part of why chinese premier wang li is in germany. that s part of the reason he is in germany. frank laban explained the balancing act berlin has to tread. i think germany is trying to do what it can to enhance the economic relationship with china while still respecting the important political bond with the united states, and the crux of this is ukraine, where both germany and the us support ukraine pushing back russia, and china s on the other side of that, with a warm embrace of putin. ~ . ~ . , putin. what challenges will both countries putin. what challenges will both countries face - putin. what challenges will both countries face moving j both countries face moving forward economically? well, there is a forward economically? well, there is a question forward economically? well, there is a question for - forward economically? well, i there is a question f ....
about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that eit ....