these apartments are located at the foreign studies university in beijing. paul crocker is british and lives in london but he grew up in beijing his mother isabel who was born in one thousand nine hundred fifteen has spent most of her life in china pulled visits or whenever he can isabel was an enthusiastic supporter of communism from an early age so it was paul's father david who arrived in china in one nine hundred thirty seven he and isabel were married in one thousand nine hundred forty two together they experienced the social and political upheavals brought about by the communist revolution. in the course of. the memories of what was happening there and i'm just glad that someone better spent captured link that's very valuable. at the end of the nine hundred forty. the crooks moved to beijing to teach english at the f.a. line of foreign languages institute. parents were very keen supporters of the communist revolution in china they would treat him with great respect and you know and and participated in life in the university and. up until the cold revol

kiss and make up the chinese americans are talking trade again and there's talk beijing is making the first move in diffusing the trade between the world's top two economies. the top while way executive is still in jail facing u.s. fraud charges a bail hearing could spell trouble for the shaky trade troops. and could broadside spoil the broth what would britain's restaurants through without all those easy micro. workers. let's do business china could be backing down in its trade war with the united states the news agency bloomberg is reporting that beijing is moving to cut import tariffs on american made cars it says the chinese have proposed reducing tariffs from forty to fifteen percent the concession would go to china's capital for review if approved it would reverse the tariffs that beijing had hiked back in july the move forced many car dealers to raise prices themselves forward and test the shares rose on the news m.w. was well it produces a lot in the us. as. a financial correspondent in frankfurt conrad could this be a turning point in the trade war. twenty summit the u.s. pre

beijing. in beijing you can visit the imperial palace it's a fantastic place. it's very beautiful inside. if i had a bit of time i'd love to go to shanghai i've never been before. people say they have beautiful shops and boutiques there. i hope we can have some fun once the tour is over the work is so tiring yes under stress with. i situation is pitiful it's so hard we don't have a minute of rest not a moment to relax or decompress. thanks. to the being is our principal actress there are different types of roles for women in the age and you opera and she plays all the lead female roles. not only is she talented but she's also a beautiful person inside so of course i want to be like her. she's a role model for me. and. it's so great is deeply you round out your wrist there you go eric it. stand tall as if your father were here. so turn your rarest and let your eyes follow its movement. you. could do that sometimes it gets tough but you have to practice every day you need to train starting early in the morning work every second never stop. look at me i think all

so this time beijing has been very cautious. probably this is one of the reasons why beijing has not published many details about the deal. and how have the markets in china reacted to the developments over the weekend in argentina in the meeting between donald trump and xijinping? so the major markets rallied for this news coming out from the trump—xi meeting. the indexes in hong kong and shanghai skyrocketed 2%. in the us, the us markets also had a celebration. the dow rose over 400 points in a day. the enthusiasm is dimmed a little bit because of uncertainties remaining, regarding how the two countries will solve their underlying differences. i talked to some people in the us government industry earlier today. they said initially they were relieved by the news, but they have already started to worry about what will happen after the 90 day deadline. zhaoyin feng there, speaking with rico a little earlier. a memorial ceremony is taking place in the us congressional building in washington for the late president george h w bush

beijing created a new development agency in april 2018. it is expected to play a larger part in government strategy as the bank's role is reduced. >> it is one of the criticisms china gets. it is offering these loans. they are originated by the african countries, they are the ones asking for it. they may have a dream in terms of the nature of the relationship, but i do not think they are trying to shape the future of africa. rishaad: that is not to say aid and lending will not be influenced by commercial interests. interests which some say still have access to resources at their heart. chinese companies see an abundance of opportunities in the continent's rebounding economy, and a green light to raise their presence there under the belt and road initiative. while china sees huge investment opportunities, what about your average portfolio manager or retail investor? can they also come along for the ride? >> if you want to invest directly in the belt and road initiatives, you cannot do it directly. but basically, what you are investing somew

this is what beijing is trying to figure out. here is peter navaro speaking last night. >> the president was unaware of it going into that dinner, as were all members of the team. look, i think what's interesting to observe here is the fact of the matter is, the reason why we're having some trouble with china is they do stuff like this all the time. they lie, they cheat, they steal, they force technology transfer. any given day, there have been actions taken with china over the course of the administration. >> so whether the president knew or didn't know doesn't change that it will play into the negotiations. so far, they haven't taken the debate. this needs to be watched very closely as thises process moves fought. it's hard to overstate how big a profile she has here in china. it would be like taking a super high level executive at apple and trying to extradite them to china. >> there are a lot of tech executives having the conversation in the c suite, do we need to send delegations to china. they're worried there could be some

far from the city lights of shanghai and beijing pigeon jew travelling opera troupe journey tirelessly through the remote countryside of northern china going from village to village day after day wherever audiences still await their arrival. on the twenty first of all the operas we were a part of this year which was your favorite. it's hard to say. but of all the ones we've already done. i think my favorite is shot dong. that's true and the song i must agree is just magnificent however the song i prefer the most is the last one in song i especially when sung by took the week it's really wonderful. travelling opera troops have been crisscrossing china from east to west and from north to south for thousands of years only a handful remain today. mr lou's troop is one of the few that are left. there traveling through shanxi a province in central china. it is often seen as the birthplace of chinese civilization it's a rural area that has somehow missed out on china's economic boom and the explosion of megacities taking over the country. the troupe is like a family all ages each with their o

she's worked in beijing. two is the international crisis group specializing on china's foreign policy. she did not work from beijing. she's well equipped to talk about the chinese perspective. she's been looking at for a long time. then will turn to dan. he is a senior fellow the security program for new american security. he worked in an office under secretary of defense for policy. we served as the asian intimacy. grace recently on the staff, just come out a couple of months ago. dan comes to this with developed perspectives on what the u.s. policy response should be. ... >>. >> last year there are three separate resolutions offering a degree of praise. these three groups work together last december to be removed and this year they had the third resolution scrubbed but there was a report to this month with an internal report highlighting the backlash with the time the economy is struggling. and to step up the scrutiny and the delivery of impossible regulations we will talk about this more there is no greate

political system is going to impose those costs on beijing to make it stop now we certainly can do that china is vulnerable on a number of different fronts so for instance just that that seven year ban on c.t.e. that was imposed in april just was a death sentence for the company president trump gave it a reprieve but we could put jeff for instance the largest chinese banks out of business because they've been laundering money for north korea if we can cut him off from their dollar accounts that would shake not just the chinese financial system but the chinese economy and political system and you have a chinese economy now that senior people in beijing are privately saying is growing it no more than one point seven percent some people are saying that the chinese economy is contracting and so you know beijing is not really in a position to challenge the united states unless it intimidates president trump into caving in now that's entirely possible but i don't think that it will happen right now for a number of reasons and this agenda because as we've just got about a minute left in the in

a momentous day in beijing. we will be live t -- we will be live there, as president xi jinping speaks to commemorate 40 years. this is bloomberg. ♪ place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. rishaad: 9:00 a.m. in hong kong. asia markets have for a decline. the s&p the second worst december on record. rishaad: crude closing below $50 for the first time in a year. opening up. we will assess the highs and lows in beijing.

the tone coming from beijing today was defiant china won't be pushed around. by gordon chang he is a columnist and author who has written frequently on china he joins me tonight from whoredom mr think it's good to have you on the show so we've got china doing what the u.s. has been doing putting on a show of strength without a lot of show here which side that would you say has the sharpest. well that's clearly the united states remember that the u.s. is the trade deficit country and during trade or as if you call them that deficit countries rate basically don't worry about the french it's a surplus countries that worry about it also china has an overwhelming dependence on the u.s. last year china's merchandise trade surplus against america was eighty eight point nine percent of their overall merchandise trade surplus that is overwhelming dependence on the u.s. market and chinese companies like g.e. and while a dependent u.s. technology you put all that together i think that the only factor the u.s. may not have and it is the most important factor but the only

she worked at brookings for awhile, but she's also worked in beijing. she was the china analyst for international crisis group, specializing on china's foreign policy toward countries in the developing world. she did that work from beijing so she's particularly well-equipped to speak from the chinese perspective. she's been looking at it in some detail for a long time. then we turn to dan kliman, senior fellow in asia-pacific security program at the center for a new american security. before joining them, he worked in the office of undersecretary of defense for policy, where he served as senior adviser for asia integration. dan and abbigail grace, who was recently on the nsc staff, came out a couple months ago with a paper entitled power play addressing china's belt and road strategy. dan comes to this with a lot of very freshly developed perspectives on what the u.s. policy response should be, so it's i think appropriate and fitting and very useful actually to have him finish up our panel discussion. then we will turn it over to the audience and take s

for one hundred thousand square meters that is for thousands of apartments beijing likely is a city with levels of air pollution that pose a high health risk to residents. that's all for business i'm going to keep i will be back with you at the top of the hour with more g.o.p. news you next time. masterpieces of art history. colorfully reinterpreted by to most go. for unique style plays with patterns and brand name logos. creating details micro-cap images. and large format street art. next on. natural riches. precious resources. and a rewarding investment. of farmland has been called ethiopia's. the country has an abundance of life and leases it to international coverage for giants government export revenues and the corporations high profit margin. but not everyone benefits from the booming business. of giving when i saw the bulldozers clearing the land i was devastated give me how could they bulldoze the land without my permission to what they knew would belong to me. creation environmental destruction starvation. the price for government and corporate crime. the sewing out of the

become negative, and from beijing's perspective, problematic. andrew small, noted expert on china and pakistan relations, said this month that the first isse of the belt and road effectively over. a new model has not emerged but it is clear the old one is no longer sustainable, with the possible exception of italy, no major western country has signed belt and road cooperation agreements or memorandum of understanding. the trend in most cases is moving in the opposite direction, toward greater negativity toward the bri. have seen that reflected in unprecedented ways, in measures unveiled by western countries over the past year to restrict foreign investment, implicitly directed at china. when i think about concerns about the bri, this is a new phenomenon. the belt road has been around for five years -- the belt and road has been around for five years. 2017, you go back to just there was only one country vocally critical of bri and that was india. the shift in the united states came in august of last year. shortly after trip to india, secretary of

the tone coming from beijing today was defiant china won't be pushed around. are all joining me now in the studio is maximillian the current felt an expert in china in the chinese economy with the market or institute for china in studies that thank you so much for being here in person with us china has come a long way in four decades and i think that's an understatement i mean the progress has been staggering to say the least what struck you about president she's speech today two things first of all as the previous segment just said he was defiant but at the same time is quite cautious so you would think that after forty years of the so-called reform again agenda it would offer new concrete reforms which he didn't instead he was he'll reasserted the needs the socialist core values and he was generally quite careful i think so i think this in a way it shows that he's on the pressure from the inside to show that to show a strong side to the outside world but i do think at the same time he's is pressured and it's hard to make more reforms of this moment right so

well i think that the beijing government is going to take those things in a stride in the sense that it is no news to beijing that china is now perceived as the and pak an ist and a rival of of the united states which underpins the world order and perceive is reaching china is perceived as a spread so in this broad context is the trade war again there is no secret that both the united states and china are trying to gain the commanding heights of the next generation of more biotechnology i.e. the five g. and it is at the timing is also quite instructive now what i'm not saying that this charge is again does this lady are all trumped up i mean as with so many things china's trade practices of course leave a lot to be desired course china's political system particularly it's not there and anybody's cup of tea so there was a it's a kind of not a black and white situation but the timing of this arrest it is quite worrying to beijing because on the one hand there is a call for calming down a true somebody days on the other hand this has happened and also this coincides with a number of som

time in beijing. no indication what this important speech necessarily will be. but again, we have heard some overtures from china that they want to rein in any separatist plot on the island with the dpp president, the weakend dpp president. yvonne: our next guest, gavin perry. always good to see you. look a moreeadlines positive, the pa numbers are still showing the economy trying to find a bottom. do you think beijing -- the pmi numbers are still showing the economy trying to find a bottom. do you think beijing is tried to find something positive? >> let me take a little step here. increasehave to services and value add in the economy as you have citizens living in urban environments. what you see for the first time is a positive cannibalization of the marketing sector versus the servicing sector. the pmi shows an expansion in services while manufacturing trends contracted, for the first time under 50. prior, we had them both accelerating, with a subdued exhilaration. now we have an equalization goin

when beijing started getting economically successful and they haven't liberalized well it's certainly popular over the preceding day or two since the news of her detention in canada was made public to say that this is part of the u.s. math. in a trade war so when the technology. a battle between u.s. technology and chinese technology and frankly all of that is just not true the u.s. doesn't win a technology battle for dominance in five g. networking appointment by detaining this chief financial officer of huawei in fact that just borders on being pro caution they're not going to get any secret code from her or designs to networking equipment or nor would they get her to stop or her company to stop competing worldwide against u.s. companies for dominance in this sector clearly this is about violation of sanctions and to trying to conflate it to other issues is again it's just not justified by the facts and it defies logic because you can't win the technology battles you don't get china to allow us to compete fairly in china by detaining the c.f.o. of a company that has committed sancti

trade deal the world at the scene is being hammered out by two of the vested parties washington and beijing complicated isn't it well let's try and break it down starting with those two canadian nationals. not in citizens marco coverage and michael's paiva suspect it's often gaijin inuktitut is that in danger of the national security of the people's republic of china china had to warned of the coming retaliation with beijing following grave consequences that come into if the wall way c.f.i. was not released but as count as big brother has rushed to its defense the off of the tension of two canadian citizens is unacceptable that they ought to be returned . to stood for that whether there are citizens or citizens of other countries where does washington fit in the picture one show was arrested not because of something she did personally but because the u.s. thinks the company was trying to evade the american embargo against iran extradition to the u.s. is on the menu mung and others are alleged to have put financial institutions at risk of criminal and civil liability in the united states by

was necessary but it seems the man in the oval office is getting the concessions he wanted because beijing has now announced the suspension of tariff hikes on the u.s. in things when the two world's biggest economies face the tech tug of war it seems the nice guy finishes last before u.s. government adviser on asia told r.t. sophie cope with the rest of who always c.f.o. is part of a much larger plan you can watch that in full on this channel in fact trump didn't even know she was arrested at the time he was having dinner with she had the g. twenty this is part of a long broader u.s. attempt. to push back on chinese technology stealing i.p.r. steel and so on chinese big is not that different from american big if you're always baidu or ten cent you want access to global markets trend is only fourteen percent or so of the world market they want access to the other eighty six percent. it is. banning rap concerts is not the way to tackle the potentially bad influence of lyrics thoughts while vladimir putin said reacting to a recent spate of hip hop gigs being shut down by thora he's in russia.

and sticking with china and trade dispute media reports that beijing will cut import duties on american made cars have buoyed investor sentiment in asia china reportedly reportedly has plans to reduce those tariffs from forty to fifteen percent and china had previously lowered its import tariffs on american cars from twenty five to fifteen percent in july but it then raised them to forty percent only days later in response to two notes from the u.s. the measure forced chinese car dealers car dealers to raise prices u.s. president donald trump said that he would not raise levies on chinese imports until a deal has been made. and now let's go back to conrad who is in frankfurt conrad traders obviously happy with this latest news relating to this u.s. china deal or china trade dispute i should say but how long is this optimism really going to last. very good question steve the recent weeks have shown that the spin that the trade spat between the u.s. and china has can change very very quickly as it has to be said that the use flow at the flow of room as yesterday in recent days coming out

she worked at bookings for a while but she has also worked in beijing. she was a chinese analyst for the international crisis group, specializing on china's foreign-policy in the developing world. she did that were from beijing, so she is specifically well-equipped to talk about the chinese perspective. she's been looking at it in some detail for a long time. and then we will turn to dan. dan is senior fellow at the center for new american security. joining, he worked for the office of undersecretary defensive policy where he served as senior advisor for asia integration. who was recently on staff that just cannot a couple months ago with a paper entitled power play, investing in china's growth strategy. that comes to us with a lot of very freshly developed perspectives on what the u.s. policy response should be been it's, i think, appropriate and fitting and very useful to have him finish up our panel discussion. then, we will turn it over to the audience and take some questions and it's, i think, ape and fitting and very useful to have hopefully have a

fair to say, beijing is not happy. robert mueller, the omnipresent, ever—silent investigator in the russia probe, prepares to release more details. what will they tell us about the investigation? also on the programme: france will close the eiffel tower and deploy 65,000 members of the security forces this weekend ahead of more planned demonstrations by the yellow—vest protest movement. how are president trump's promises and policies playing out for general motors workers and american farmers? is stay with us to find out. hello, and welcome. i'm katty kay in washington, and nuala mcgovern is in london. arresting a top chinese business person is a high stakes strateg — person is a high stakes strategy — particularly in this moment of tense trade negotiations. so what is the us going to do with meng wanzhou? she is a top executive at huawei, one of the world's biggest telecoms companies, and she was detained in vancouver on saturday and faces extradition to the us. beijing is furious and is demanding her immediat

inhumane investors worry about what this could mean for the fragile how trade truce between washington and beijing. but it has a bit we'll have that story with the rest of the days of business updates in just a moment i'll be back at the top of the hour out with the rest of the world i mean a good day. but. i'm scared that the volume or not hard and in the end is a me you're not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers were liars and. what's your story. on one of the missing women especially in victims of violence. take part and send us your story you are trained always to understand this new culture. you are not a visitor not a guest you want to become a citizen. in for migrants your platform for reliable information. about. china summons the american ambassador over the indictment of while ways chief financial officer did the chinese company violate sanctions against iran or is washington using this says a horn in its trade war with beijing. and another executive remains behind japanese prosecutors charge film in the sun chairman thomas.

between washington and beijing. that story and more coming up adventures you don't businesses cannot also encourage you to have a look at our web site. dot com for more news and information to stay you know the best is coming up shortly. take it personally you went with a little bit wonderful people and stories that make the game so special. for all true families. a son. took on more than football longline. their. hands you know this is you know five minutes four minutes young. boys has a power and beauty combines he has it all. it's in the pantheon of the great tenors certainly he's one for the ages. of ten or for the ages starts december twenty second on g.w. . china someone's the american ambassador over the indictment of wild ways chief financial officer at the chinese company violate sanctions against iran or is washington using this as a pawn in its trade war with beijing. and another executive remains behind japanese prosecutors charged filming this on the chairman carlos ghosn with underreporting his salary.

also on the program the chinese and americans are talking trade again and there's talk beijing is making the first move in cooling down the trade war between the world's top two economies. and could wreck to put an end to london's booming restaurant scene britain faces a culinary challenge without all its new cooks. it's time for business on the w m how you got to get us it's good to have you with us google is the latest u.s. tech giant to face a congressional grilling google c.e.o. who's on the beach i took questions from the house judiciary committee on tuesday they're presented if asked about how google collects data and whether it is politically biased in its search services they also want to know how the company prevents foreign meddling in the u.s. elections the hearing comes as google is under fire for a massive data breach that affected a half million users of its plus social net. now during the hearing pichai repeated the company's position that it has no plans right now to launch a censored search engine in china that of course leaves the option open to launch one down the road

they're well beijing has has a big economic argument when it comes to dealing with the u.s. . and you know the china has made u.s. goods has made goods very cheap for u.s. consumers and european consumers but at the same time they also they need the goodwill of the u.s. in order to keep expanding the economy particularly as they try to develop the economy into into different more high tech sectors exactly made for for for decades a china was the world sweatshop and now it's their. a new transition going on up to forty is towards a more high tech oriented economy has that working out well when you visit places like shenzhen in the south you know which is where the forty years of opening up began you see these incredible tech hubs and these amazing companies so one level you're seeing this great shift from from the sort of dirty manufacturing of thirty years ago to this high tech element but at the same time the trade war is making it more difficult to keep this innovation and to keep this process of innovation going and just very briefly cliff forty years on evolutionary of ope

caught in the middle of washington and beijing. with a potentially bad in hip hop lyrics to the russian president reacting to a spate of closures. on the program. in such a big brand nowadays when. people determine what. you're looking for censorship you're looking for this thing. creativity. good monday morning worldwide news headlines on r.t. international for me rory sushi and the whole crew welcome to your story. the hunt for russian medlars is not abating leaked messages sent by a b.b.c. correspondent suggest that the broadcasters news team is in search of any leads connecting moscow and the yellow fest protest movement in fronts and one of our messages the correspondent said editors were quote out for blood. well maybe some russian businesses capitalizing greatly on the protests maybe the protesters eating cutlass a mass maybe the far right to ring leaders that i'm looking for angles yes the editors to man some blood over the last five weeks we've seen france and gulf by violence as people come out on to the streets to say th

in the crossfire of washington and beijing. as prime minister justin trudeau expressed his concern over the arrest of. detention of a top chinese woman at the request of the u.s. . in effect to counter the potentially bad influence of. so says russia's president reacting to the space of concert by authorities across the country. and also to come the. keys to prices and the selling figurines the clips we put the issue of. how can such a big days when such a big get it completely wrong when you let people determine what. you're looking for censorship looking for the. i think it's great t.v. . cannot sing at international it's just gone two pm here in moscow now the hunt for russian metal is continuously to messages sent by b.b.c. correspondent who is looking at possible connections between moscow and the l.f.s. movement in france have angered russia's foreign ministry and one of the correspondents messages she said her editors were quote out for blood well maybe some russian businesses capitalizing greatly on the protests maybe t

matt rivers live for us in beijing. thank you. >>> record-breaking rain drenching southern california, snarling traffic and spurring evacuations in an area hit hard by wildfires. check out this dramatic scene in burbank. this sloping road turned into a raging mud river. mudslides hitting some areas, one forcing the closure of the pacific coast highway and surrounding roads in and around malibu. >>> the "new york times" reports president trump was employing undocumented immigrants at his new jersey golf club at the same time he was vilifying immigrants and pushing hard line immigration policies. two women speaking on the record told the "times" they entered the u.s. illegally and secured work at trump national golf club using phony papers. the women say managers at the club knew they were working illegally and helped them avoid detecti detection. a trump organization spokeswoman says the company has tens of thousands of employees and strict hiring practices. the "times" notes there is no evidence the president or trump o

aging --lling on beijing, but soybean purchases are rising. the latest startup to change the market leader. british prime minister theresa may reviving the no-confidence -- surviving the no-confidence vote could be adding to moment in. -- momentum. how are we looking at come -- how are we looking? after: adding .7% japanese stocks rallied from an 18 month low on wednesday. tech shares or leading the gains so far in the region. this is around news about apple and qualcomm as well as how way -- hauwei. in tokyo andds sydney. raise concerns around competition on the plan for vodafone hutchison. we are seeing u.s. futures pick up and we see the yen hold steady as sentiment is improving with offshore you want as china consideringhina is dropping tariffs. and the brexit struggle is far from over. haidi: sophie kamaruddin on the markets. ofi mentioned, one sign relief is theresa may remaining on as u.k. prime minister, surviving a vote of confidence in her own conservative party. votes.vived by 200 here is our renewed mission. delivering the brexit p

delegation heads to beijing in january. good morning, everyone. good afternoon if you are watching from asia. welcome to "bloomberg surveillance." i'm francine lacqua and london. there has been quite a lot of movement over the last couple days. euro-dollar. i'm also looking at the stoxx 600. they are pretty much flat, but they beginning significantly earlier on. if you look at the main movers, technology is gaining. we did have the rally that is phasing out when it comes to europe and asia. we did have american wti at $45.51. coming up, we are joined by the chief economist at img. will focus aations lot on what is happening in the markets, what will happen om 2019. then the chief economist at strata guess research partners joins us at 11:00 a.m. london time. let's get straight to the bloomberg first word news. , francine. a u.s. government delegation is reportedly traveling to beijing for trade talks the week of january 7. bloomberg sources, the deputy u.s. trade representative will lead the white house team, the first face-to-face discussion on t

planet there is caught in the crossfire of washington and beijing is ongoing trade war as prime minister justin trudeau expresses concern over business woman at the request of the us. rap artist from forming lie is an ineffective way to counter the potentially bad influence of hip hop lyrics so says russia's president reacting to the spate of concert by authorities across the country. but also to luxury fashion giant prada receive keys to braces i'm after selling figurines with piglet speed quickly a cheap for the back. how can such a big brand nowadays when divesting such a big issue get it completely wrong when you let people determine what. is working for censorship for the state of creativity. or the welcome you're watching at international where it's just gone three pm here in moscow our top story the hunt for russian medalist continues it seems because the messages sent by b.b.c. correspondent who is looking possible connections between moscow and the yellow vests movement in france have angered russia's foreign ministry and one of the correspondents messages she said her editors w

vowed to press ahead with economic reforms but he also made clear that beijing will not deviate from its one constant system of take orders from any other country is comments came only a day after the u.s. and china clashed at the world trade organization needed. for more that i'm now joined by cliff it is the beijing correspondent of the irish times a newspaper to feel welcome what did you make of the speech today well we had a lot of talk today about on swerving commitment to reforms and great socialist rhetoric there it was a very defiant speech i think one aimed at telling the chinese people that china remains strong given that there is some anxiety in china about pressure coming from the u.s. because of the trade war so i think it was very much about about painting a very positive picture of china's strength well this remark about china not being told how to do business and clearly washington yes it was aimed obviously is that it at the domestic audience but yes it's a message for president trump who's been. president trump has always been a difficult. person to deal with for th

it's taking a very high position on beijing and it's doing things to beijing that of a substantive and they're taking the heat for beijing. this president likes tensioner the previous president didn't like attention. this guy like security can deal with a lot of tension. the upshot of that means that unless they don't have to do much. they are in, in other words, the u.s. does it and they can to say we agree but they don't get neo say much and they can look like, i think they can free write a little bit on that. then on taiwan i agree about the weak position of the difficult position on this one. just look at the makeup of the people in the administration, looking at the reevaluation of china policy and looking at the record of this over the past 40 years, sometimes china policy, most of the time china policy schip at the one-china policy but the one-china policy isn't strict. you all sorts of possibilities. what you find is, i found there are four different episodes for the united states did all sorts of dramatic things, important things, for taiwan that beijing oppose strongly and ye

beijing summoned the u.s. speak about this. david engel joins us in hong kong, also ros krasny in new york to cover every facet of this story. this comes at an awkward time as washington and beijing are grappling for the right response given trying to get trade talks on track. officials will hear talking about how these issues should be separated, the trade dispute and this alleged terminal case with huawei and the arrest in canada and extradition process. what we are seeing is a diplomatic row that is escalating because of the arrest in vancouver of the cfo of huawei. what we are hearing is the chinese foreign ministry has tomoned a u.s. ambassador china, and that comes a day after the canadian ambassador to china was summoned to the foreign ministry. i know how these things work. they have to go and get a verbal , just kind of sit and take punishment. china is threatening further action if necessary. they have said, the foreign ministry said actions have violated legitimate rights and interest of chinese citizens and are bad

using her as a trade as a pawn in the trade conflict with beijing. than another executive remains behind bars over christmas prosecutors formally charge fullness of. calos gold with underreporting his salary over five years. also on the show the train travels warning strikes paralyze germany's rail system will travel to operate a dodge cave in to a union demand of a well paying seven percent wage increase. welcome to date of your business i'm good how the office in berlin the arrest of a board level while by executives marks a further escalation of trade tensions between the u.s. and china and has hit asian stocks today tokyo's nikkei index closed down more than two percent the hung saying index in hong kong is one point four percent lower while my chief financial officer a man one jew was taken into custody in canada last week at the behest of u.s. authorities and is fighting to be released on bail for health reasons the government in beijing has some of the u.s. ambassador to demand the consolation of the arrest warrant another day another sign tha

and washington to try to settle their very many trade differences as beijing seems to portray aiming as the victim here there is this train of thought is there not in beijing that the actual whole case is politically motivated and that causes as you say a whole array of problems especially with these ongoing trade talks when there is also a trade war going on at the moment yeah that's absolutely right the reason why they think this case is politically motivated is because of what her way is this is a company that is at the center of president xi jinping zambia sions to make china a world leader in technologies of the future and as we know how our way is a world leader in five g. technology and what's been happening in the last few months is suddenly holloway is finding itself locked out of places like new zealand and australia because says china of direct pressure from the united states because the united states is not as far ahead as hard way when it comes to this technology and there's also the continuing threat that holway has been you know making some of its advances based on tec