closer ties between the eu and china that s the aim. the leaders are meeting at at summit in brussels later hoping to counter president trump s stance on trade and climate change. brazil is expected to announce that its economy is growing for the first time since 2014 but could that be overshadowed by the latest political crisis? we ll look at whether that could threaten the return to growth. welcome to world business report. i m ben bland. in a minute we ll find out why today is a big day for pakaistan‘s stock market. but first, the eu and china will attempt to deepen ties at a summit later. there is concern among some about the direction taken by us president donald trump on trade and climate change. chinese premier li keqiang will meet european council president donald tusk and european commission head jean claude juncker. they are hoping to come up with an answer to donald trump s america first challenge. trade in goods between the eu and china is worth well over
hello and welcome to business live. chinese president xijinping is in russia for talks with his counterpart vladimir putin today. trade is set to be top of the agenda ahead of the 620 meeting of global leaders later this month. the visit will be xi s sixth tour to russia since taking office in 2012. and their meetings seem to be bearing fruit according to china, trade between the two increased by over 26% in the first four months of the year, reaching nearly $25 billion. cooperation is increasing too. russia will be a key component of china s ‘belt and road initiative an ambitious multi trillion dollar project that will link europe and asia via the historic silk road. as part of the project and as a symbol of this close relationship beijing has even agreed to help finance a high speed rail link within russia itself: linking moscow to the city of kazan. joining me now is dr yujie, head of china foresight, at lse ideas. thank you for coming in to doctor us. thank you
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Parakiles, a u.s. foreign policy consultant and an associate at lse ideas. that is a think tank at the london school of economics. thank you so much for being with us. appreciate it. good morning. so how significant might gordon sondland s public testimony be, do you think, in light of these new details in the wall street journal that he apparently kept the trump administration apprised of efforts to get ukraine to investigate the bidens ahead of the president s infamous july 25th call? i think it s a little bit tricky to decide in advance how significant one thing or another might be. but there is some suggestion that sondland s testimony might be more significant than the testimonies we ve seen so far because first of all, sondland had to revise his previous testimony given behind closed doors. he reversed his decision to not testify originally. sondland is caught in the middle of all this.
30th. and despite the findings, president trump remains defiant. he is what he told reporters when asked about those surveys. president, according to several recent polls, more americans want you to be impeached and removed from office. you are reading the wrong polls. nbc, abc washington post. the cnn polls are fake. the fox polls have always been lousy. i tell them they ought to get themselves a new pollster. you look at the polls that came out this morning, people don t want anything to do with impeachment. it s a phony scam. it s a hoax. and the whistle-blower should be revealed because the whistle-blower gave false information. all right. let s get more on all of this from jacob. he is an associate with the foreign policy thinktank lse ideas. he joins us now via skype.