20
20
tv
eye 20
favorite 0
quote 0
china's s.p.v. back we had in the piece the biggest sponsor in china of the houston rockets they've suspended their partnership we don't know how long will that will last whether it is and i think more critically as well as chinese state t.v. saying they weren't sure anymore houston rockets games 10 cent the internet streaming giant which concluded a 1500000000 dollars 5 year deal with the n.b.a. says they also they weren't so used to iraq is now when you have such an internet giant is that saying we're not going to show the games it just shows how serious it is in it shows i mean it's the houston rockets the whole league is now up in arms is a very special connection with china to tell us a lot about that indeed it's usually embarrassing for the houston rockets because in many ways that the reason why boscobel has become so popular in china is already down to one man yow ming he was the houston rockets for almost a decade before he retired in 2011 a hugely successful player he's in the n.b.a. hall
china's s.p.v. back we had in the piece the biggest sponsor in china of the houston rockets they've suspended their partnership we don't know how long will that will last whether it is and i think more critically as well as chinese state t.v. saying they weren't sure anymore houston rockets games 10 cent the internet streaming giant which concluded a 1500000000 dollars 5 year deal with the n.b.a. says they also they weren't so used to iraq is now when you have such an internet giant is that...
15
15
tv
eye 15
favorite 0
quote 0
china trade war is making the economy slow but certainly the trajectory in china that we've seen over the past 70 years has been offered presidents so far show that there are definite a good place for that to happen if a community thank you very much for coming in well china is also trying to connect itself with the world through a one trillion dollar infrastructure project the belt of road a new york correspondence course spoke about it with political scientists mary. it was the belt and wrote to mr to will that lead to china to become the superpower in the world well that's a really interesting question right and in my book that was just released i point out that the benetton road is really a part off china's 3 step strategy to become a superpower so the 1st step was to get rich right which they did the 2nd step was to make their coastline unapproachable so today it's very risky for american aircraft carriers and conflict to get within a 1000 kilometers of china and so this is a 3rd step to become the most influential country in the world over the next 2 decades and to connect itsel
china trade war is making the economy slow but certainly the trajectory in china that we've seen over the past 70 years has been offered presidents so far show that there are definite a good place for that to happen if a community thank you very much for coming in well china is also trying to connect itself with the world through a one trillion dollar infrastructure project the belt of road a new york correspondence course spoke about it with political scientists mary. it was the belt and wrote...
11
11
tv
eye 11
favorite 0
quote 0
looking ahead do you see these ties between africa and china deep. well there is really not a substitute yet for china people who say europe and america are there but they're not playing the role that china is playing and for so for the future really. deep you know that time will be deep in because africa really makes some finances to actually. see the future is going to have been dipping. thank you very much your analysis there from. i think the chinese company behind the best selling smartphones in africa tranche and has raised almost $400000000.00 in a public listing the firm floated its shares on shanghai's new tech focus which opened in july trenching was smart for brands include in a fix ito and techno globally the group sold $124000000.00 phones last year the vast majority in africa. back to china's corporate shopping spree of the past few years it's been buying up all types of businesses savings and ruffling feathers in failed attempts to take over others the latest case concerns a german airport in the black forest a solitary helicopter pose
looking ahead do you see these ties between africa and china deep. well there is really not a substitute yet for china people who say europe and america are there but they're not playing the role that china is playing and for so for the future really. deep you know that time will be deep in because africa really makes some finances to actually. see the future is going to have been dipping. thank you very much your analysis there from. i think the chinese company behind the best selling...
28
28
tv
eye 28
favorite 0
quote 1
percent growth this year the weakest since the 2008 financial crisis now this as trade talks between china and the us are faltering and the latest development the chinese government has set concrete conditions according to her bloomberg china wants the u.s. to roll back the terrace imposed on chinese products at the start of the trade war then and only then will china need its side of the deal and buy $50000000000.00 worth of american agricultural products donald trump said the 2 sides were getting closer but it looks like the deal struck at the weekend is hanging by a thread and. 3 points of a more on the impact of this protracted trade war is having on china as well as other asian economies i'm joined by our director of the mocker economic research division of the asian development bank so good to have you with us let's start 1st of all with this latest development what do you make of china asking the u.s. to be rolling back levies so that they can buy agricultural products of beijing that cash strapped it's a bit funny. china's a 12 trillion dollar economy they can obviously afford to b
percent growth this year the weakest since the 2008 financial crisis now this as trade talks between china and the us are faltering and the latest development the chinese government has set concrete conditions according to her bloomberg china wants the u.s. to roll back the terrace imposed on chinese products at the start of the trade war then and only then will china need its side of the deal and buy $50000000000.00 worth of american agricultural products donald trump said the 2 sides were...
11
11
tv
eye 11
favorite 0
quote 0
the us china trade war is casting a long shadow slowing china growth could even cause global recession. for more let's bring in our asia correspondent andrea hang in singapore that 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. well monica it's actually not a very big deal given the fact that the chinese government did give a very white target range of between 6.0 and 6.5 percent for the entire year now this is also leading to the since it's officials in beijing who say that they have somehow maintain stability overall in the quarter. while how reliable is the official data that we're getting well this is a very big point of contention for everyone and it's inherently because the chinese statistics officials are unable to don't have the capacity to manage inflate it figures that come from the local departments now researchers say chinese the chinese economy is actually about 12 percent smaller than official figures declare and it's also overstated its g.d.p. growth by about 2 percentage points annually especially in recent years b
the us china trade war is casting a long shadow slowing china growth could even cause global recession. for more let's bring in our asia correspondent andrea hang in singapore that 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. well monica it's actually not a very big deal given the fact that the chinese government did give a very white target range of between 6.0 and 6.5 percent for the entire year now this is also leading to the since...
12
12
tv
eye 12
favorite 0
quote 0
one step back for treats economic growth slows more than expected for the world's 2nd biggest economy china it's set to get one. and a transatlantic trade spat over a plane subsidies take as billions of dollars in u.s. tariffs he means you through specialty photos. and then fizzle and that's your business there are growing fears the world could slip into recession of the chinese economy grew at its slowest pace in nearly 3 decades in the 3rd quarter g.d.p. growth slowed by more than analysts expected to 6 percent year on year the trade war between the u.s. and china is a drag on the expansion the dollar also shows so factoring out sluggish demand at home for things like cars marketplaces and china's trading partners are looking to see what steps the government will take to stop the economy sliding. well let's talk about stimulus and growth in the world's 2nd biggest economy with cliff and he's been reporting on the chinese economy for years and was also based there could 6 percent think we hear 7.11.7 but 6 said that sounds like the data i mean we know these figures are a lot but tell me ju
one step back for treats economic growth slows more than expected for the world's 2nd biggest economy china it's set to get one. and a transatlantic trade spat over a plane subsidies take as billions of dollars in u.s. tariffs he means you through specialty photos. and then fizzle and that's your business there are growing fears the world could slip into recession of the chinese economy grew at its slowest pace in nearly 3 decades in the 3rd quarter g.d.p. growth slowed by more than analysts...
11
11
tv
eye 11
favorite 0
quote 0
and china have agreed on a partial trade deal that according to u.s. president trump this means the u.s. is suspending plans to increase tariffs next tuesday on about $250000000000.00 of chinese imports to 30 percent from 25 percent trump and chinese president xi jinping could sign the partial agreement as early as next though rather as early as november investors welcome the news with u.s. markets ending the day higher. and said look at this with our financial correspondent in new york yen scorer and now yes markets have been looking forward to a trade agreement and in particular to this meeting between trump and all day what do they make of this trade deal. well there is some relief on the wall street but it will be very interesting to see how the market opens on monday because they have been told many headlines shortly before the markets closed at some point we sold blue chips trading up by more than 500 points what we did not end on the high note the market at the end again a good 300 points well it still is a pretty decent trading session but over
and china have agreed on a partial trade deal that according to u.s. president trump this means the u.s. is suspending plans to increase tariffs next tuesday on about $250000000000.00 of chinese imports to 30 percent from 25 percent trump and chinese president xi jinping could sign the partial agreement as early as next though rather as early as november investors welcome the news with u.s. markets ending the day higher. and said look at this with our financial correspondent in new york yen...
12
12
tv
eye 12
favorite 0
quote 0
but this comes as a fresh data from china shows just how much the trade war weighs on its economy china's imports and exports fell by more than analysts expected in september official government data showed flagging demand at home and abroad weighing on the world's 2nd largest economy the news from china customs isn't rosy. dryness foreign trade has shrunk more than the experts expected. you know you're going in september trying to total import and export value was $2.00 trillion you won a decrease of 3.3 percent exports were $1.00 trillion yuan a decrease of 0.7 percent and imports decreased by 6.2 percent. u.s. punitive tariffs continue to hit the chinese economy hard fewer and fewer goods are being shipped to the u.s. in september alone chinese exports to the u.s. fell by over 20 percent compared to the same month last year imports slumped by over 15 percent the u.s. is increasingly losing its importance as a trading partner for china in the 1st 9 months of the year the european union continue to be one of the most important trading partners for china with a trade volume of $5100000000
but this comes as a fresh data from china shows just how much the trade war weighs on its economy china's imports and exports fell by more than analysts expected in september official government data showed flagging demand at home and abroad weighing on the world's 2nd largest economy the news from china customs isn't rosy. dryness foreign trade has shrunk more than the experts expected. you know you're going in september trying to total import and export value was $2.00 trillion you won a...
15
15
tv
eye 15
favorite 0
quote 0
china's exports to the u.s. declined by about 12 percent in the 1st half the vietnam's exports have gone up by 33 percent to the u.s. by the dish also seen its exports of the u.s. increase so there are benefits to be had with a silver lining for trees in that. the u.s. customers are not buying from china but they're looking elsewhere so all businesses . elsewhere in asia changing best strategies to react to what's going on between the u.s. and china so this is for us as it's been going on for many years as china's as it's become more expensive to produce in china us we just have gone up there there's already been a relocation so companies have been looking elsewhere including chinese companies and american companies have been looking elsewhere in developing asia i think what's happened with the trade conflict is that process has accelerated so you've seen increases in if the f.b.i. approvals from american companies and chinese companies into the rest of developing asia there have been what seem like some more po
china's exports to the u.s. declined by about 12 percent in the 1st half the vietnam's exports have gone up by 33 percent to the u.s. by the dish also seen its exports of the u.s. increase so there are benefits to be had with a silver lining for trees in that. the u.s. customers are not buying from china but they're looking elsewhere so all businesses . elsewhere in asia changing best strategies to react to what's going on between the u.s. and china so this is for us as it's been going on for...
8
8.0
tv
eye 8
favorite 0
quote 0
and china and tariffs again are taking center stage china is seeking $2400000000.00 in retaliatory sanctions against the us hughes in the country of not complying with the w g o ruling dating back to the obama years when the world trade organization ruled that u.s. tariffs on chinese solar panels and some other austrian products were illegal to be removed did not happen now china is every cio to step in and allow for financial restitution. well 1st time ever china has more startups valued at over $1000000000.00 than the u.s. that's according to data by a market researcher who reported outof a global total of $494.00 so-called unicorns 206 of them are located in china today ali baba affiliate and financial and right hailing giant d.d. choosing 203 unicorns are still based in the west and will be in b. co-working space operator we walk. beaches right out of paradise from the people cultural which is fantastic food oh well the thailand has long been a tourism hot spot in asia but this year numbers are on the decline in particular the chinese are staying away holiday took it has been hit especia
and china and tariffs again are taking center stage china is seeking $2400000000.00 in retaliatory sanctions against the us hughes in the country of not complying with the w g o ruling dating back to the obama years when the world trade organization ruled that u.s. tariffs on chinese solar panels and some other austrian products were illegal to be removed did not happen now china is every cio to step in and allow for financial restitution. well 1st time ever china has more startups valued at...
17
17
tv
eye 17
favorite 0
quote 0
gateway to china. and so that's been a big factor as well analysts have been telling me this is going to be going on for a long time and columnists i read today as saying that the economy could shrink all 4 quarters next year is it really that bad well it's been pretty extreme i mean i think that hong kong is incredibly flexible economy and it can move very quickly and it could also recover very quickly but given that there's no sign of any solution right now you can understand a certain pessimism on behalf of some of the analysts so what could hong kong do well so far it hasn't really gone the simitis route for example it they did introduce about $2000000000.00 us dollars worth of stimulus back in august but it could have you know it's got a lot more at its disposal to do but the main thing is it needs to find some kind of solution to this and until it really finds a solution its hands are tied in terms of getting the economy growing very very strongly i find it interesting that at the same time the u
gateway to china. and so that's been a big factor as well analysts have been telling me this is going to be going on for a long time and columnists i read today as saying that the economy could shrink all 4 quarters next year is it really that bad well it's been pretty extreme i mean i think that hong kong is incredibly flexible economy and it can move very quickly and it could also recover very quickly but given that there's no sign of any solution right now you can understand a certain...
17
17
tv
eye 17
favorite 0
quote 0
s in paying china celebrates 70 years of communist rule. the country's extraordinary economic transformation and ask what has been the cost of china's rapid growth. business to business i'm going to office in berlin welcome lover celebrations and a display of military might so moch 7 decades of communist rule this is how the party is celebrating 70 years in power how we look at now today rather we look at how the country could grow so rapidly what will happen now that growth is slowing down and the impact of the trade war with the united states but 1st let's take a quick look back at 70 years of economic development. back in 949 when the communists people so public of china was founded the country was dirt poor poorer than many african nations 70 percent of the population up peasants and day laborers getting by on an income of just $57.00 per year in a mostly agricultural economy common is possibly the most it owns reforms in the 1950 s. nationalized industry and distributed land from the wealthy to the country's poor but those policies let
s in paying china celebrates 70 years of communist rule. the country's extraordinary economic transformation and ask what has been the cost of china's rapid growth. business to business i'm going to office in berlin welcome lover celebrations and a display of military might so moch 7 decades of communist rule this is how the party is celebrating 70 years in power how we look at now today rather we look at how the country could grow so rapidly what will happen now that growth is slowing down and...
10
10.0
tv
eye 10
favorite 0
quote 0
economic growth the shot ahead china's economy is now 5 times out of india's. the 2 leaders will try to break the lengthy deadlock over a free trade agreement china is india's largest trading partner to trade war with the us means china wants to boost trade with india. foreign direct investment into india has risen to about $45000000000.00 and china is keen to be a major player in the growing indian market. indians love chinese smartphones and other equipment but india wants more trade going the other way to bring down the $57000000000.00 trade deficit. there are common interests but warm friendship has proven elusive the indians dislike china's close ties with bitter rival pakistan to china pakistan economic corridor is a key part of she's belgian road initiative she met pakistan's prime minister imran khan this week for talks. only if india and china can put these disputes on hold and they face into a future of joint cooperation. and let's take a look at some of the other global business stories making headlines. boeing has stripped c.e.o. dennis miller of bi
economic growth the shot ahead china's economy is now 5 times out of india's. the 2 leaders will try to break the lengthy deadlock over a free trade agreement china is india's largest trading partner to trade war with the us means china wants to boost trade with india. foreign direct investment into india has risen to about $45000000000.00 and china is keen to be a major player in the growing indian market. indians love chinese smartphones and other equipment but india wants more trade going...
11
11
tv
eye 11
favorite 0
quote 0
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. there are only a few thing a few other things that business around the world want ask quickly resolved as the u.s. china trade war now in various stages of escalation it's been hampering global economic growth for over a year talks to find a solution have been dragging on as well on thursday both sides want to give it another shot but washington's latest move doesn't seem to help. the timing couldn't be worse the u.s. targets 28 chinese firms in its new blacklist this week but says it has nothing to do with the trade talks with beijing on thursday washington alleges the company's helped china suppress ethnic and mostly muslim minorities in what amounts to a police state and she jiang and beijing has issued a stern rebuke. me phone there is no such thing as the so-called human rights problem as alleged by the united states he accusation is nothing but a deliberate pretext created by the united states to interfe
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. there are only a few thing a few other things that business around the world want ask quickly resolved as the u.s. china trade war now in various stages of escalation it's been hampering global economic growth for over a year talks to find a solution have been dragging on as well on thursday both sides want to give it...
13
13
tv
eye 13
favorite 0
quote 0
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. thing in asia the hong kong stock exchange dropped its unsolicited bid for the london boards on tuesday it had offered $39000000000.00 u.s. dollars for the l.s.e. group and a surprise approach made last month. in a statement the hong kong exchange said it was disappointed that it was unable to engage with the management of the l.s.e. the offer had threatened to up in the elysees own $27000000000.00 plan to buy data and analytics company refine it is. a saying in asia samsung electronics is expecting operating profits to drop more than 56 percent in the 3rd quarter down to $6400000000.00 that's a stark reversal from the same period last year when the company posted record results south korean tech giant cited sluggish global demand for computer chips but it's not all doom and gloom analysts expect the markets recover as the next generation networks are rolled out crystal. isn't mensing words new head of the int
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. thing in asia the hong kong stock exchange dropped its unsolicited bid for the london boards on tuesday it had offered $39000000000.00 u.s. dollars for the l.s.e. group and a surprise approach made last month. in a statement the hong kong exchange said it was disappointed that it was unable to engage with the management...
13
13
tv
eye 13
favorite 0
quote 0
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. chris alina isn't mensing words the new head of the international monetary fund warns in her 1st speech the trade wars geo political tensions and brags it could lead to broken supply chains and thus compromised global growth the consequences she said will still be felt in a generation. trade conflicts are causing widespread lasting damage that's according to the i.m.f. incoming managing director christina. she fears they could shrink the global economy by $700000000000.00 or 0.8 percent of g.d.p. next year 20. today even more of the world economy is moving to see but unfortunately this growth east celebrating to be precise in 2019 we expect slower growth in nearly 90 percent of the worlds in other words the world economy is no synchronized slowdown. the former world bank chief went on to say the looming crisis requires a coordinated response to tackle what she calls the most serious threat since the global fin
china is worth more than full $1000000000.00 and there are more basketball fans in china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight. chris alina isn't mensing words the new head of the international monetary fund warns in her 1st speech the trade wars geo political tensions and brags it could lead to broken supply chains and thus compromised global growth the consequences she said will still be felt in a generation. trade conflicts are causing...
15
15
tv
eye 15
favorite 0
quote 0
and business and money in china or china it is a huge market for sports organizations it's why sports teams go on tool that you mentioned in the piece that the nets and the lakers are playing in china this weekend it's why sports federations wants a events that it's a market that's growing that's the crucial thing in terms of t.v. rights sponsorship deals corporate sales the fan base you just have to consider the numbers china's population is what 1300000000 so even if you have 10 percent of the audience interested and that's a lot of eyeballs on the sports jonathan crane thank you so much. and now to some of the other business stories making the news. they just proceed plans to fire up to 10000 more staff according to the financial times this comes just weeks after its chief executives stepped down and announced the axing of 4000 employees citing a weak global outlook the latest cuts are part of a cost cutting drive amid falling interest rates bragg's it and the long running trade war the british government has brought home the last of the 150000 holiday makers left stranded by the c
and business and money in china or china it is a huge market for sports organizations it's why sports teams go on tool that you mentioned in the piece that the nets and the lakers are playing in china this weekend it's why sports federations wants a events that it's a market that's growing that's the crucial thing in terms of t.v. rights sponsorship deals corporate sales the fan base you just have to consider the numbers china's population is what 1300000000 so even if you have 10 percent of...
10
10.0
tv
eye 10
favorite 0
quote 0
i think it's china's looking china needs all their options now as things become strange with the u.s. even if there are signs we've just seen that there may be they may be getting closer on trade i think that china still needs it still needs to have big partners like india in the way it's also done with russia. does it has these big partners that it can it will have some way of opposing the u.s. or standing up to the u.s. so you can put all your eggs in one basket we all know that cliff is going to thank you so much for your time. and now to some of the other global business stories making news. french carmaker $10.00 has fired chief executive officer of the boy law it comes after a nose partner for this son named a new c.e.o. both car makers want to get past the scandal around former chief economist goan jailed in japan for alleged financial misconduct. the c.e.o. of a german software manufacturer s.a.p.t. bill mcdermott has unexpectedly resigned germany's most valuable listed company has not given a reason for his departure after 9 years in the post has been replaced by a board memb
i think it's china's looking china needs all their options now as things become strange with the u.s. even if there are signs we've just seen that there may be they may be getting closer on trade i think that china still needs it still needs to have big partners like india in the way it's also done with russia. does it has these big partners that it can it will have some way of opposing the u.s. or standing up to the u.s. so you can put all your eggs in one basket we all know that cliff is...
24
24
tv
eye 24
favorite 0
quote 0
has completed 11 of them so far in its quest to meet the country's growing energy needs china has power. upstream it can build dams at will and downstream countries and communities cannot do much about it because it produces carbon free energy hydroelectric power is viewed as renewable and sustainable but critics of the news a a very down and others being planned along the mekong say that as the mighty river is harnessed and slows to a trickle the impact on its eco system and the people who live along its banks will be devastating. as the u.s. china trade war hits asian economies regional leaders creating their own pact to foster growth the regional comprehensive economic partnership would create the world's largest free trade zone population wise and southeast asian leaders a close to hammering out the final details the china backed deal includes big players like india japan and australia it's seen as an alternative to the transpacific partnership that stalled after president of trump withdrew the us but india is concerned about a possible deluge of imports from china and once last min
has completed 11 of them so far in its quest to meet the country's growing energy needs china has power. upstream it can build dams at will and downstream countries and communities cannot do much about it because it produces carbon free energy hydroelectric power is viewed as renewable and sustainable but critics of the news a a very down and others being planned along the mekong say that as the mighty river is harnessed and slows to a trickle the impact on its eco system and the people who...
16
16
tv
eye 16
favorite 0
quote 0
we love china with no planer. and no hope for both of us would really go there you know once twice you. the grovelling apology comes after the team's general manager daryl morey tweeted support for the protests in hong kong has since deleted the tweet and said that he did not intend to cause offense humble words that show the importance of chinese money to the n.b.a. but they came too late to prevent sponsors like the sportswear company laning and shanghai based s.p.d. bank from cutting ties with the rockets china's state broadcaster has announced it will no longer show rockets games and the chinese basketball association says it's ending its relationship with the club so should the houston rockets are largely responsible for china's interest in the sport which took a large stride forward when they signed local boy missing in 2002 now the market that is worth billions to the n.b.a. . last season more than half a 1000000000 chinese fans watched n.b.a. matches through the online platform 10 sent each of us is a pote
we love china with no planer. and no hope for both of us would really go there you know once twice you. the grovelling apology comes after the team's general manager daryl morey tweeted support for the protests in hong kong has since deleted the tweet and said that he did not intend to cause offense humble words that show the importance of chinese money to the n.b.a. but they came too late to prevent sponsors like the sportswear company laning and shanghai based s.p.d. bank from cutting ties...
12
12
tv
eye 12
favorite 0
quote 0
from them our china celebrates 17 years of communist rule take a look at the countries extra ordinary knowledge transformation. has been the cost . rapid growth. business your business. in berlin welcome. lavish celebrations and a display of military might to mock 7 decades of communist rule this is the party celebrating 70 years in power today we'll look at how the country could grow so rapidly what will happen now that growth is slowing down and the impact of the trade war with the united states but 1st let's take a look back at 70 years of economic development. but of the 949 when the communist people's republic of china was founded the country was dirt poor poorer than many african nations 70 percent of its population are peasants and day laborers getting by on an income of just $57.00 a year in a mostly agricultural economy communist party leader dongs reform in the 1950 s. nationalized industry and distributed land from the wealthy to the country's 4 but those policies led the country into chaos the communist revolves were the main cause of a widespread famine that killed millio
from them our china celebrates 17 years of communist rule take a look at the countries extra ordinary knowledge transformation. has been the cost . rapid growth. business your business. in berlin welcome. lavish celebrations and a display of military might to mock 7 decades of communist rule this is the party celebrating 70 years in power today we'll look at how the country could grow so rapidly what will happen now that growth is slowing down and the impact of the trade war with the united...
18
18
tv
eye 18
favorite 0
quote 0
tariffs lobster exports to china are down 80 percent and michael libby is feeling the pressure. we have a good chinese market and we ship directly that we get these tariffs that are buying from the buyer from canada's dad but there's they're buying our products in canada because they're special terrorist from the chinese from here it's just it's frustrating. there's a lot of hands on labor in catching lobster like baiting the traps michael and his crew men have put out $400.00 today. and the industry in maine is strictly regulated to ensure have remained sustainable michael has to measure every single animal caught and he too small have to be thrown back. they caught around $500.00 at the cross stations today in portland harbor part of the catch up with a distributor that packs the animals for transport around the world. last year the u.s. exported around 5 and a half 1000000 kilos of lobster to china this year it looks like it'll only be around a 1000000. not long ago china raised the tariff on them from 25 percent to 35 percent bad news for business owners like tom adams. we n
tariffs lobster exports to china are down 80 percent and michael libby is feeling the pressure. we have a good chinese market and we ship directly that we get these tariffs that are buying from the buyer from canada's dad but there's they're buying our products in canada because they're special terrorist from the chinese from here it's just it's frustrating. there's a lot of hands on labor in catching lobster like baiting the traps michael and his crew men have put out $400.00 today. and the...
13
13
tv
eye 13
favorite 0
quote 0
ecuador has high debts especially to china in recent years china has become the south american countries main investor building contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants ecuador repays loans to china with oil around 90 percent of the oil ecuador produces heads across the pacific. well the situation in ecuador is on the agenda today of the latin america conference in frankfurt and correspondent there carolyn that she is standing by there hi carol enough to tell us more about china stake in ecuador and how is china's involvement in that part of the world viewed where you are. hello money well it china is present in the region already for over a decade and we have to know that they started businesses in latin america in 2005 until 2013 china as a main concern was to secure an energy services and draw material so they started giving loans to some countries in latin america in order
ecuador has high debts especially to china in recent years china has become the south american countries main investor building contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants ecuador repays loans to china with oil around 90 percent of the oil ecuador produces heads across the pacific. well...
13
13
tv
eye 13
favorite 0
quote 0
the us china trade war is casting a long shadow slowing china growth could even cause global recession. see if song is director of the so it's china institute europe's biggest community of china scholars steve what are these numbers tell you they were lower than what the forecast is thought but still in live with what the government expected do this very much confirming what we already know about the chinese economy which is that it is slowing down it also confirms the way how chinese statistics are always being want when it gets really difficult chinese statistics quiets to be patriotic and what you should box to surge people and therefore he exactly and you know what end of the government's target options 6 and 6.5 percent all growth so they're particularly worrying as. well as we have to accept that the economy is growing next and what the oprah show cares will indicate but china's china's economy is growing at least the low rate is equal to every the pressure on google will economic slowdown it's growing that problems with domestic demand global demand and also this trade war. that
the us china trade war is casting a long shadow slowing china growth could even cause global recession. see if song is director of the so it's china institute europe's biggest community of china scholars steve what are these numbers tell you they were lower than what the forecast is thought but still in live with what the government expected do this very much confirming what we already know about the chinese economy which is that it is slowing down it also confirms the way how chinese...
15
15
tv
eye 15
favorite 0
quote 0
could unilaterally impose sanctions on china and china is banned from taking any retelling terry measures beijing will not accept that and china also consider u.s. proposal to set up a permanent joint office to deal with china's economic policy and attempt to undermine china's economic sovereignty so the key issue is that who will make the ultimate ruling and there is a big question mark there he said he's going to going to make a move what do european traders reckon only how do they view the big picture. well they view it with a bit more optimism than skepticism that it's changed in the past couple of days there was huge optimism when there was a partial progress agreement announced late last week and the markets surged not just here in germany but also on wall street for example but now the optimism has faded here too but there's still a bit more optimism and you can see that that any time there's a bit of progress reported yesterday i think it was mainly progress on tracks that but then the market is still able to go up the docks reaching a new annual high yesterday but the nervousness
could unilaterally impose sanctions on china and china is banned from taking any retelling terry measures beijing will not accept that and china also consider u.s. proposal to set up a permanent joint office to deal with china's economic policy and attempt to undermine china's economic sovereignty so the key issue is that who will make the ultimate ruling and there is a big question mark there he said he's going to going to make a move what do european traders reckon only how do they view the...
14
14
tv
eye 14
favorite 0
quote 0
and china certainly not helpful at the moment it's tracking down sales and everybody is cautious one tweet from mr trump is enough to send stocks tumbling. the think tanks say there's a lot of uncertainty due to press it and global trade disputes but the insists the economy is not in recession that it's more a downturn especially in the auto industry coms wonder if it's we're just scraping past a recession but we're not in one and our forecasts don't point to one either private consumption has so far helped germany escape recession the economists say comprehensive stimulus isn't necessary though some spending would help and 1st time continuing with a balanced budget would be a big mistake cutting spending during a downturn only exacerbates problems. the 5 think tanks a new debt should be taken on to a limited extent to bolster the economy but new debt is something the finance minister and conservatives certainly don't like to hear german companies still face uncertainty and are unable to make long term plans so they have to lay off some staff and reduce investment at least in the sho
and china certainly not helpful at the moment it's tracking down sales and everybody is cautious one tweet from mr trump is enough to send stocks tumbling. the think tanks say there's a lot of uncertainty due to press it and global trade disputes but the insists the economy is not in recession that it's more a downturn especially in the auto industry coms wonder if it's we're just scraping past a recession but we're not in one and our forecasts don't point to one either private consumption has...
15
15
tv
eye 15
favorite 0
quote 0
china trade talks later this week and need more reticence from beijing. and cambodia could lose its lucrative everything but arms trade deal with the european union which tell you why. i want to come to your business asia now these days trouble is just one tweet away anger in china is mounting over a comment by the general manager of basketball's houston rockets openly supported the pro-democracy protests in hong kong problem is china is a highly important market to the league and its corporate sponsors so after just one tweet damage control is now in full swing. the houston rockets in training that star players enlisted to help smooth over a fallout that could risk their money filling relationship with china. the year were both ours. you know. we love each other with no plan or. no hope for both worlds really we go there you know what it was you. the grovelling apology comes after the team's general manager daryl morey tweeted support for the protests in hong kong he has since deleted the tweet and said that he did not intend to cause offense humble word
china trade talks later this week and need more reticence from beijing. and cambodia could lose its lucrative everything but arms trade deal with the european union which tell you why. i want to come to your business asia now these days trouble is just one tweet away anger in china is mounting over a comment by the general manager of basketball's houston rockets openly supported the pro-democracy protests in hong kong problem is china is a highly important market to the league and its corporate...
12
12
tv
eye 12
favorite 0
quote 0
and china also losing steam. will chinese shares dips on wednesday optimism is fading over a concrete trade deal between the u.s. and china analysis from our correspondents in taipei and frankfurt's on 100 souls and only bots welcome to you both 1st of all so how's beijing's view as far as if it's reaching a deal does a reckon that there is progress being made. well we see a very big change of china's mice that for example the 2 sides are not talking so much of a out in force in the mccann ism the wording has changed to dispute resolution and for china it's about mutual respect and the possibility that agreement could be reached on equal basis another example is that many chinese people actually complained about the $40.00 to $50000000000.00 u.s. dollars purchase of the us agricultural products i think it's a big concession but the chinese state media try to tell their people that actually buying more u.s. products is china's unique bargaining chip and if the purchase volume goes up it means that american farmers
and china also losing steam. will chinese shares dips on wednesday optimism is fading over a concrete trade deal between the u.s. and china analysis from our correspondents in taipei and frankfurt's on 100 souls and only bots welcome to you both 1st of all so how's beijing's view as far as if it's reaching a deal does a reckon that there is progress being made. well we see a very big change of china's mice that for example the 2 sides are not talking so much of a out in force in the mccann ism...
16
16
tv
eye 16
favorite 0
quote 0
back in the headlines the german lead apparently bent to the rules as it hired its way to the top in china. but have to deal with business beijing want to get jones and lynn thanks for joining us and the international monetary fund has just cut its outlook for the world economy citing trade disputes for the slowdown the i.m.f. is now forecasting 3 percent growth this year the weakest since the 2008 financial crisis now this as trade talks between china and the u.s. are faltering and the latest development the chinese government has said concrete conditions according to her bloomberg china wants the u.s. to roll back the terrorists imposed on chinese products at the start of the train war then and only then will china need its side of the deal and by 50000000000 dollars worth of american agricultural products donald trump said the 2 sides were getting closer but it looks like the deal struck at the leak and is hanging by a thread of your to. go through point of a more on the impact of this protracted trade war is having on china as well as other asian economies i'm joined by our director of
back in the headlines the german lead apparently bent to the rules as it hired its way to the top in china. but have to deal with business beijing want to get jones and lynn thanks for joining us and the international monetary fund has just cut its outlook for the world economy citing trade disputes for the slowdown the i.m.f. is now forecasting 3 percent growth this year the weakest since the 2008 financial crisis now this as trade talks between china and the u.s. are faltering and the latest...
12
12
tv
eye 12
favorite 0
quote 0
russia won't leave africa to china is pushing for close of business ties with african countries and more geopolitical sway probably because he is hosting the 1st russian africa summit as he seeks crisis influence on the continent for the western shawna already have a firm foothold. also in the show boeing's closely profits are down by volvo ha as investigators ended with indonesia blamed design flaws in the company's service for . said max model for the fatal lion a. business business africa on the w.i. as well come it's a premier aimed at making a big impact hosted by russian president vladimir putin african leaders have gathered in the russian resort town of sochi today for the 1st ever russia africa something it's russia's attempt to jumpstart relations with the continent 3 decades after the fall of the soviet union which then was a major player in africa. but russia does not want to stand aside while other powers like the e.u. china india strategically increase their influence and investment on the continent putin has big plans in africa especially with regards to the continent's ric
russia won't leave africa to china is pushing for close of business ties with african countries and more geopolitical sway probably because he is hosting the 1st russian africa summit as he seeks crisis influence on the continent for the western shawna already have a firm foothold. also in the show boeing's closely profits are down by volvo ha as investigators ended with indonesia blamed design flaws in the company's service for . said max model for the fatal lion a. business business africa on...
11
11
tv
eye 11
favorite 0
quote 0
business there are american rivals filled with china as trump towers backfilled leaving you ways fisherman empty handed. and going to school and let's do business a message to failed states and the authoritarian international monetary fund says unemployment and slow economic growth is fueling growing unrest in the arab states the i.m.f. says middle eastern and central asian economies will need to diversify if they are to overcome their problems and the unrest. another morning in lebanon another day of protests monday started with demonstrators blocking main roads into beirut their latest tactic to pressure the government into radical economic changes they accuse ministers of burning through public money for personal gain while hitting ordinary people with ludicrous new taxes it's images like these that occupy the mind of the i.m.s. director for the region you have a sore. we don't have an easy economy was growing at a very slow pace over the last few years and living on was facing certain number off and balances with the keys and budget deficit and the trade balance and therefore the gover
business there are american rivals filled with china as trump towers backfilled leaving you ways fisherman empty handed. and going to school and let's do business a message to failed states and the authoritarian international monetary fund says unemployment and slow economic growth is fueling growing unrest in the arab states the i.m.f. says middle eastern and central asian economies will need to diversify if they are to overcome their problems and the unrest. another morning in lebanon another...
13
13
tv
eye 13
favorite 0
quote 0
as china's top trading. country feeling the pain of the u.s. china trade war is the southeast asian financial help that is singapore which has east monitor policy for the 1st time in more than 3 years the export reliant economy narrowly avoided recession in the 3rd quarter monetary authority of singapore will allow the local dollar to weaken slightly so it will use its currency to manage monetary policy rather than interest rates central banks around the world are loosening policy as fears mount of a global economic slowdown. the chinese network supply a way is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from german regulators leaks to the hundreds but newspaper several countries including the u.s. japan and australia have imposed blocks on where they fear that mobile phone components from what way could be used for a spin you know it's been us by the chinese government germany had also initially discussed the clause that would have blocked 2 hours are says to the mark. and for more this we'
as china's top trading. country feeling the pain of the u.s. china trade war is the southeast asian financial help that is singapore which has east monitor policy for the 1st time in more than 3 years the export reliant economy narrowly avoided recession in the 3rd quarter monetary authority of singapore will allow the local dollar to weaken slightly so it will use its currency to manage monetary policy rather than interest rates central banks around the world are loosening policy as fears...
12
12
tv
eye 12
favorite 0
quote 0
ecuador has high debts especially to china in recent years china has become the south american countries main investor building contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants ecuador repays loans to china with oil around 90 percent of the oil ecuador produces heads across the pacific. economic situation in ecuador and other countries of the region are discussed today at the latin america conference in frankfurt here in germany you know your correspondent karl you note your ma is standing by their current leader ecuador's president wanted to attend the conference somewhat as a guest of honor but cancelled because of the unrest in his country troubles more on how this was received. exactly the president of ecuador and the hold a delegation can so they are not here today they were supposed to be the guests on or the whole conference made. with that and they are today the great absentee
ecuador has high debts especially to china in recent years china has become the south american countries main investor building contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants ecuador repays loans to china with oil around 90 percent of the oil ecuador produces heads across the pacific....
13
13
tv
eye 13
favorite 0
quote 0
point of a more on the impact of this protracted trade war is having on china as well as other asian economies i'm joined by our director of the mocker economic research division at the asian development bank so good to have you with us let's start 1st of all with this latest development what do you make of china asking the u.s. to be rolling back levies so that they can buy agricultural products of beijing that cash trucks but that's a bit funny. china's a 12 trillion dollar economy they can obviously afford to buy more of cultural products if they want what is true and what's maybe not so funny is that the trade the trade war has really had an impact on the chinese economy and their asian development all of that that came out 2 weeks ago our estimate is that the tariffs currently in place have already of will impact china by. taking away about $80000000000.00 and of g.d.p. and about the 5 more than $5000000.00 jobs so in that sense it's non-trivial they do what they do. the tariffs rolled back just a postponement of the tariffs today was not is not enough and if china needs basical
point of a more on the impact of this protracted trade war is having on china as well as other asian economies i'm joined by our director of the mocker economic research division at the asian development bank so good to have you with us let's start 1st of all with this latest development what do you make of china asking the u.s. to be rolling back levies so that they can buy agricultural products of beijing that cash trucks but that's a bit funny. china's a 12 trillion dollar economy they can...
8
8.0
tv
eye 8
favorite 0
quote 0
also do zing steamy china eve. predicted to polls and slowest growth rates since $99.00. i asked our correspondent pablo foley if the recent phase one trade deal between the u.s. and china was an indicator that leaders were heeding the i.m.f. call 'd to deescalate. hi christopher well yeah of course the stuff forget that in the in the past few days of course there has been this we'll say cooling in there in tensions between the united states and china they're calling it you know somewhat of a ceasefire or a truce of some sorts but what we saw today here was you know the i.m.f. chief economist woods was very cautious says she said that what we need to do is wait and see exactly what comes out of it but what was a good sign is that of course today you know a round of tire of against china from the united states were meant to kick in and they of course were suspended and now the next question is what will happen with the next trend of tyrus which are meant to kick in in december but of course in november there is the
also do zing steamy china eve. predicted to polls and slowest growth rates since $99.00. i asked our correspondent pablo foley if the recent phase one trade deal between the u.s. and china was an indicator that leaders were heeding the i.m.f. call 'd to deescalate. hi christopher well yeah of course the stuff forget that in the in the past few days of course there has been this we'll say cooling in there in tensions between the united states and china they're calling it you know somewhat of a...
20
20
tv
eye 20
favorite 0
quote 0
on china policy thank you so much. the british pound surged today on news that negotiators from britain and the european union have finally struck a new brakes a divorce deal of the currency rose above $1.29 and $1.00 euro 16 on hopes of britain's exit from the e.u. will be in an orderly manner but the currency remains volatile as some hurdles still remain the other 27 member states and the british parliament have yet to confirm the deal the u.k. is due to leave the e.u. on october the 31st and the ongoing break that uncertainty is putting a lot of businesses under pressure a french confectioner is struggling to meet a demand in the u.k. as shops there are stockpiling sweets for christmas just in case. the workers at french confectioner's cousy are working extra hard this autumn they're packing up box after box of sweet treats to scent of british retailers keen to avoid the christmas crisis that ended in an egyptian and this year is exceptional in that some of our british clients want to have their orders delivered bef
on china policy thank you so much. the british pound surged today on news that negotiators from britain and the european union have finally struck a new brakes a divorce deal of the currency rose above $1.29 and $1.00 euro 16 on hopes of britain's exit from the e.u. will be in an orderly manner but the currency remains volatile as some hurdles still remain the other 27 member states and the british parliament have yet to confirm the deal the u.k. is due to leave the e.u. on october the 31st and...
17
17
tv
eye 17
favorite 0
quote 0
president trump nor his china. khandahar g.g. ping seem willing to back down so far the us has slept terrorists on $550000000000.00 worth of chinese products china in return has said levies on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg the tit for tat terror of scav or a wide array of goods from steel and aluminum to meat and fish vegetables mushrooms and nuts to backhoe and jews many sectors are affected on both sides of the pacific now as you've heard later today mr trump will meet chinese vice premier you had passed meetings between the 2 have yielded progress for example in january china increased its soybean purchases and the february talk resulted in a delay in tariffs now for more on this topic let's bring in ranko berridge he is the head of market analysts analysis at monica's europe good to have you on the program ranko president trump is a beaut should the rest of the world be upbeat as well. well it's almost impossible to tell when
president trump nor his china. khandahar g.g. ping seem willing to back down so far the us has slept terrorists on $550000000000.00 worth of chinese products china in return has said levies on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg the tit for tat terror of scav or a wide array of goods from steel and aluminum to meat and fish vegetables mushrooms and nuts to backhoe and jews many sectors are affected...