Or no deal. Time is running out for brussels and london to ensure smooth trades come january the 1st. Hello and welcome to do business on what to johnson berlin. Good to have you with us. The chinese president xi jinping, hits back against suggestions china could be looking to go it alone amid a rise in protectionism and trade tensions speaking at a virtual Asia Pacific Economic cooperation forum. She said global collaboration on issues from free trade to Vaccine Development is needed now more than ever. Critics, however, were quick to point out chinas increasing aggression towards trade partners such as australia and its lack of progress on long pledged commitments to open its economy. As most of the worlds Major Economies struggle to deal with, the coronavirus pandemic repeated his message. Thursday, our doors are wide open. At a video meeting with asia pacific c. E. O. s, the chinese president pledged to Carry Forward with efforts to open the chinese economy and warned that the risi
Awaiting to be reunited a father whos one of thousands of palestinian separated from his family for months as a result of covert 19. And im here the same for the sport as brazil tackles the 2nd worst outbreak of coronavirus in the World Football returned to the pitch just meters away from a Field Hospital for covert 19 patients. So then a former canadian diplomat and a businessman have been charged with spying in canada and a case set to increase diplomatic tensions between the 2 countries michael coverage is being held in beijing and businessmen michael spadeful was charged in a city near the north korean border theyre accused of spying for state secrets for a foreign entity. Were detained in late 2018 soon after the arrests in canada or of main ones whos a Top Executive of the chinese tech giant while away is shes the daughter of woe is founder and is facing extradition to the United States on fraud charges if a trade with iran and those developments come as a strain as Prime Ministe
25 years and what it means for global eradication. Protest in hong kong 800000 people turned out for a mass march through the city on sunday and demanding greater protection of the democratic freedoms and human rights the culmination of 6 months of protests even though police approved the event they warned they wouldnt tolerate a repeat of recent violent protests in fact they confiscated a handgun and ammunition in raids earlier that resulted in multiple Arrests Police said the weapon would have been used to create chaos during the rally. In hong kong and since the march shows the voice of protest in the city has seen a change in tactics. What we got today was a flavor a reminder of what this protest movement was like when it began 6 months ago powerful peaceful and thats the way it largely was on sunday there was a little bit of vandalism a few mainland owned banks and shops were attacked by a radical fringe of this protest movement but that shouldnt be shouldnt we shouldnt sort of ge
like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow evergrande
editor faisal islam. this is clearly a mess but the expectation in financial circles is that shareholders will provide the funds to keep thames water going. but the question is how did this come about in an industry that should be so simple, providing a product that everybody needs, and provided the monopolies of several million customers with no competition. and the answer is in hugely complicated structures, huge debts, and lots of regulation. the boss of thames water, sarah bentley, abruptly stood down on tuesday. she was battling to turn around the company after a legacy of under investment. let s discuss what s at stake with dr kate bayliss from the centre for water and development at soas university in london. thank you for being on the programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, please?