far more right now than china needs germany. ok for more and more calls mission to china let's not talk to john holzman the president and co-founder of political risk consulting from johns. holzman enterprise is a great pleasure to see you today finally coming on the program the question i have to start with a really want to have you author is frankly what's if a china is in the eurozone and some people just say well john is being used as another form of a bailout well that's indeed what i think mrs merkel would like from one of the things she's going to talk about with the chinese is that they should really use their vast foreign exchange reserves which are the largest in the world to buy and and in spanish bonds and that's going to sound awfully odd if you shouldn't and when shit about what they want to talk about it's not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all im

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lie and claim flat land claims because if they try to move forward based on those claims nobody's will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hart i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lying claim flat land claims because if they try to move forward based on those claims obie's will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hard i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis it has been doing so for the last thirty years which is one of the major reasons we've h

far more right now than china needs germany. and china's prime minister is also called in greece had to be in spain to go through with reforms and budget cuts to get their finances back on track spain is meanwhile trying to dispel thing is the need to bring it out as it's for many strongest region catalonia has run out of money risk consultant john hulsman believes that will not be able to convince beijing to throw its cash into europe struggling south what they want to talk about is not europe but germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china our go to germany that's a booming relationships that's the difference uncouple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no on buying spanish and italian bonds as the chinese not become suicidal and this is america can be a good business person for germany bu

making a joke and i think china is watching germany very closely and china is maybe one of the strongest industrial nation are now in asia so they don't want to be like germany basically paying for everybody else and bankrupting themselves in the process and so i think maybe some time off is that monetary union but i do think that china realizes at some point they have got to let the dollar i mean they are the reserve and dollar and euro it is somewhat of a problem for them that we have got to let some of that fall write it off and focus more and more on that a mess the economies and the remnant of the rise of exports more difficult but that will come anyway as the best and countries are relatively low dollar and so they're focused more on their domestic economy and then some sacrifices will be made by yet no common currency so far maybe that's not going to happen ok derek if i go back to you martin brought up something that i'm beginning to hear now that you know maybe a year ago two years ago that the chinese would never write off american debt but now you know they have so many reserv

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lying claim flat land claims because if they try to move forward based on those claims all bees will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai i thought congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hart i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we've

reporting from beijing in china. by shortly we'll learn about the daily life of one of russia's unique communities but i'll bring you the headlights first stay with us. well for the future science technology innovation all the latest developments from around russia we've got the future covered.

paymaster ahead germany's chancellor is in china hoping to attract investment that could keep the eurozone from collapse. iran says it will team up with other nations to help stop the bloodshed in syria as the main day of the summit of the nonaligned movement opens into iran despite u.s. criticism. and syria's president assad goes on t.v. to reassure his supporters he will wipe out the rebel opposition but heavy fighting and destruction carries on regardless. of the russian gavel you're watching r t with me. the german chancellor is the latest e.u. leader to beat a path to china with a huge delegation of business leaders alongside beijing offers a chance as any for the struggling european economy to attract the investment it needs to avoid financial catastrophe and angle our goal has become a frequent guest in china aiming to nurture a friendship with economic superpower or just get all the reports. is no stranger to china this is her sixth trip to the country since she came to power in two thousand and five and there's going to be something big business to be talked about during this curr

that germany needs china far more right now than china needs germany. peter all of our reporting for us there now time as prime minister has also called on greece italy and spain to go through with reforms and budget cuts to get their finances back on track can deny any editorial director at the european council on foreign relations believes china's input could be key in stabilizing europe the big hope in europe is that the chinese would invest in some of the new vehicles that have been crazy like the european stability mechanism. the chinese. offer lots of words of support today and yesterday. much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bones in the last two years since the euro crisis began anyway and we probably know. there's a lot of there's a lot of uncertainty about in the case of a boss obviously this is a european company and so it would benefit not just germany but also france and other countries in

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor i want to play a really quick response. we have built china into a major economic power without demanding any type of political reforms we've given the most favored nation status when we free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them into prison so what we've got is we've created a monster what was a very weak country before we have permitted. them to build into a massive economic power so i guess that my question for you is is this drive by the chinese to space just simply another example of them sort of you know catching up well they are catching up but they're also surpassing us in many ways that they

that germany needs china far more right now than china needs germany. reporting right meantime china's prime minister has also called on greece italy and spain to go through with reforms. and budget cuts to get their finances back on track spain is meanwhile trying to dispel any faith that it will need another bailout as it's formally strongest region catalonia has run out of money consultant john holzman believes that i will not be able to convince beijing to throw its cash into europe's struggling south when what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe and germany one quarter of all imports in from china are go to germany that's a booming relationships that's the difference couple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no unbind spanish and italian bonds as the chinese not become suicidal and this is america can be a good

china corporations are all today. heads east germany's chancellor is in china seeking investment trying to convince beijing that the euro is still stable enough to invest. main de main is scandal syrian officials walk out of the nonaligned summit in tehran as egypt's president morsi lashes out at assad's government calling it oppressive. and the rebel opposition in syria will be wiped out sooner or later this according to president assad in a recent t.v. interview. as that continues of. international news live from moscow's city center this is artsy with me rory sushi welcome to the program the german chancellor is the latest e.u. leader to beat a path to china with a huge delegation of business leaders alongside offers a good chance struggling european economy to basically attract the investment that it needs to avoid financial catastrophe and has become rather a frequent guest in china aiming to nurture a friendship with the economic superpower. now reports. america is no stranger to china this is her sixth trip to

far more right now than china needs germany. ok for more americans mission to china let's not talk to john holzman the president and co-founder of political risk consulting from john c. holzman enterprises a great pleasure to see you today thanks for coming on the program the question i have to start with is i really want to have you answer is frankly what's in it for china to invest in the you're just saying watch on is being used as another form of a bailout. well that's indeed what i think mrs america would like and one of the things she's going to talk about with the chinese is that they should really use their vast foreign exchange reserves which are the largest in the world to buy italian and spanish bonds and that's going to sound awfully odd if you shouldn't go and when shit about what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imp

we understand what's going on until we realize that struck to russia and china has pretty simple if you think back to point one of these peace plan was that there would be a syrian led solution to this crisis what were the west been doing then they'd be backing rebels all the way along the key plays in all of this of the us and it's our eyes because they're the ones stoking the fires you know we had a vote back in february for a democratic constitution series make sense you're smoking yes to the free elections that were made so there is a framework to solve this peaceably we don't need promises it is no reason but of course america wants a violent regime change all they care about is to present a sad that's what's causing the bloodshed so let's make no mistake about this you know the responsibility for the bloodshed that's going on now the tragedy lies with the u.s. and its allies almost daily we are seeing the events in syria unfolding on our t.v. screens but some facts don't always match up with the headlines for many foreign outlets reports backing of the rebel side of the story get

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in india but the size of texas this is a regime that is made arrogant land claims and i might say frightening lie and claim flat land claims because if they try to move forward based on those claims all bs will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai i thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president karzai i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we've

making a joke and i think china is watching germany very closely and china is maybe one of the strongest industrial nation are now in asia so they don't want to be like germany basically paying for everybody else and bankrupting themselves in the process and so i think maybe some time off is that monetary union but i do thing that china realizes at some point they have got to let the dollar i mean they are the reserve and dollar and euro it is somewhat of a problem to them that we have got to let some of that fall write it off and focus more and more on that a mistake economies and the renminbi of the rise of exports more difficult but that will come anyway as the best and countries are relatively low dollar and so they're focused more on their domestic economy and then some sacrifices are being made by yeah common currency so far maybe that's not going to happen ok derek if i go back to you martin brought up something that i'm beginning to hear now that you know maybe a year ago two years ago that the chinese would never write off american debt but now you know they have so many reserve

making a joke and i think china is watching germany very closely and china is maybe one of the strongest industrial nation are now in asia so they don't want to be like germany basically paying for everybody else and bankrupting themselves in the process and so i think maybe some time off is that monetary union but i do thing that china realizes at some point they have got to let the dollar i mean with all the reserve and dollar and euro it is somewhat of a problem to them that we have got to let some of that fall write it off and focus more and more on that a mistake economies and the remnant of the rise of exports more difficult but that will come anyway as the best and countries relatively low dollar and so they're focused more on their domestic economy and then some sacrifices will be made by yeah common currency so far maybe that's not going to happen ok derek if i go back to you martin brought up something that i'm beginning to hear now that you know maybe a year ago two years ago that the chinese would never write off american debt but now you know they have so many reserves and t

making a joke and i think china is watching germany very closely and china is maybe one of the strongest industrial nation are now in asia so they don't want to be like germany basically paying for everybody else and bankrupting themselves in the process and so i think maybe some time off is that monetary union but i do think that china realizes at some point they have got to lead the dollar i mean they are the reserve and dollar and euro it is somewhat of a problem for them that we have got to let some of that fall write it off and focus more and more on that a mistake economies and the remnant of the rise of exports more difficult but that will come anyway as the best and countries are relatively low dollar and so they're focused more on the domestic economy and then some sacrifices will be made by yet no common currency so far maybe that's not going to happen ok derek if i go back to you martin brought up something that i'm beginning to hear now that you know maybe a year ago two years ago that the chinese would never write off american debt but now you know they have so many reserves

that germany needs china far more right now than china needs germany. china's prime minister has also called on greece italy and spain to go through with reforms and budget cuts to get their finances back on track spain is meanwhile trying to dispel fear is that it will need to buy announces its full money strongest region catalonia has run out of money risk consultant john hulsman believes that angle america will not be able to convince beijing to throw its cash into europe struggling self when what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china our go to germany that's a booming relationships that's the difference uncoupling germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no unbind spanish and italian bonds as the chinese not become suicidal and this is america can be a good business person

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lying claim client land claims because if they try to move forward based on those claims nobody's will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hart i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have built china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the present so what we've got is we created a monster what was a very weak country before we have permitted. them to build man into a massive economic power so i guess well my question for you is is this a drive by the chinese to space just simply another example of them sort of you know catching up. well they are coaching but they're also surpassing us

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lie and claim flat land claims because if they try to move forward based on those claims all bees will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hard i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we

that germany needs china far more right now than china needs germany. china. spain to go through with reforms and budget cuts to get back on track. the european council on foreign relations has told me that he believes china's input could be key in stabilizing europe. the big hope in europe is that the chinese would invest in some of the new vehicles that have been crazy like the european stability mechanism. the chinese. offer lots of words of support today and yesterday but not much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bones in the last two years since the euro crisis began anyway and we probably know. there's a lot of there's a lot of uncertainty about in the case of their boss obviously this is a european company and so it would benefit not just germany but also france and other countries in europe but lots of the deals that have been signed. off for german companies are all going to european companies and so

will start making claims again to territories that were taken at the time of the czars from china china now claims all of the south china sea they claim huge areas in the india that's the size of texas this is a regime that's made arrogant land claims and i might say frightening lie and claim land land claims because if they try to move forward based on those claims all bees will come close to a war and i think russia and all the other countries surrounding china had better start thinking about the future and realizing when as they gets more powerful it's going to become a much greater threat to them let's switch over to afghanistan i know you recently had a trip planned there president karzai thought ah congressman rohrabacher is not welcome here what had you planned to do when you went and why do you think president hard i don't want to see you well president karzai is a stooge of the pakistanis all right he is their boy in afghanistan and by the way our state department. just kisses up the pakistanis and has been doing so for the last thirty years which is one of the major reasons we

is playing any positive role between india and china and the friendship and all our friendship with china is much more important than what it is with us now us is a declining. power i think this is a. us that if you can be. come together big and big big power who can. challenge this apartment. at some other bizarre pub in kumar is proud of how big he's grown his family's business which he believes wouldn't have been possible without importing from his chinese friends. business is in my blood so i started business so today i came in board everything when they. were there until here i started buying these and selling these are the. entrepreneurs like poppin are finding that joining forces with china is proving to be an unstoppable formula for success preassure either r t new delhi india as they reveal that the u.s. government is secretly spying on its citizens using an advanced secret surveillance program software cold trap while allegedly has access to all security cameras across the country censorship and technology compay into our shorts says everyone in line and on the street is being w

that germany needs china far more right now than china needs germany. our team at r.t. dot com is working twenty four seven to provide you with the best stories and videos from around the world and here's a quick look at what we have you on the website at the moment the school of hard knocks despair for two thousand students in the u.k. who may face deportation after their university lost its right to admit foreigners . plus the massive. new global test in thailand with the vaccination and at this remarkable record breaking see the video and story in full at r.t. dot com catch all our best videos on our you tube channel. the killing of a spiritual leader of dagestani muslims by an islamic extremist is being seen as another sign of a steady rise in radicalism in russia the attack came on tuesday when a female suicide bomber entered the clerics home disguised as a pilgrim and blew herself up concern has also been fueled by last month's double the sort of muslim figures in the republic of tatarstan some experts believe the roots of extremism lead all the way to the middle

china. and that intention has already been felt south korea the philippines and vietnam have already held nato military exercises with several more countries in the region expected to have similar war games soon during a recent extensive tour of the asian pacific u.s. secretary of defense leon panetta said washington will relocate at least sixty percent of its naval fleet to the region by the end of the decade reason for such moves has been china's territorial disputes with the philippines in the south china sea but experts say that's only an excuse the us is now promising some kind of support for the armed forces modernization creating a so-called minimum credit credible defense posture but the end the end result would be more in favor of the us than in the philippines seeing that the us or so many economic and business interests in china it wants to keep china obedient to whatever dictates that you have in store for china so all the treaty allies from japan south korea australia the philip

and still ahead for you this hour the global giant's learning to love is the neighbor in china the up and increasing wait but some previous powerhouses are feeling mightily left out and want to get in the way to report of course. and also why getting go against the very is going to leave brit taking some tough recession mattson the full story in just a couple of minutes. pakistan's largest province baluchistan may not mean much to many people but among the experts it's known as a sectarian terrorism hold bad and some u.s. lawmakers are even calling for his independence he's going there to check out explains now the region and its importance. baluchistan. you may have never heard of it or maybe caught a glimpse of it in a hollywood blockbuster but the place is a hawk this nation for intelligence services from around the globe hotbed of the insurgency home to various terrorist organizations kidnappings assassinations terror that's part of everyday life in baluchistan looking at its location as part of pakistan bordering afghanistan and he ran you may think well no surprise they enjoy hi

so i had for you this hour the global giants are learning to love thy neighbor india and china buddy up in increasing ways but some previous powerhouses are feeling hugely left out and want to get in the way as we report soon. also why getting over in games fever is going to leave brits taking some tough recession medicine a full story in just a couple of minutes. pakistan's largest province. may not mean much to many people but among the experts it's known as a sectarian terrorism hotbed and some u.s. lawmakers are even calling for its independence parties going at it you can explains the region and its importance. baluchistan. you may have never heard of it or maybe caught a glimpse of it in a hollywood blockbuster but the place is a hot destination for intelligence services from around the globe hotbed of the insurgency home to various terrorist organizations kidnappings assassinations terror that's part of everyday life in baluchistan looking at its location as part of pakistan bordering afghanistan and iran you may think well no surprise they enjoy his place but apart from being

that germany needs china right now then china needs. china has also called on greece italy and spain to go through with reforms to get their finances back on track. the european council on foreign relations believes china's input could be key in stabilizing europe. the big hope in europe is that the chinese would invest in some of the new vehicles that have been crazy like the european stability mechanism. the chinese. offering lots of words of support today and yesterday but not much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bones in the last two years since the euro crisis began anyway and we probably won't know so there's a lot of there's a lot of uncertainty about in the case of a boss obviously this is a european company and so it would benefit not just germany but also france and other countries in europe but lots of the deals that have been signed. off for german companies are all going

far more right now than china needs germany. all of the reporting right that one in the meantime aton is prime minister has also called on greece italy and spain to go through with reforms on budget cuts to get their finances back on track spain is meanwhile trying to dispel fears that it might need another bailout that's formally strongest region catalonia has run out of money a risk consultant john holzman said i'm going to buckle will not be able to convince beijing to throw its cash into europe struggling self when what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe and germany one quarter of all imports in from china are go to germany that's a booming relationships that's the difference on couple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no unbind spanish and italian bonds as the chinese not become suicid

far more right now than china needs germany. and china's prime minister has also called on greece italy and spain to go through with reforms on budget cuts to get there. finance is back on track spain is meanwhile trying to dispel fears that it will need another bailout as its formally strongest region catalonia as now run out of money consultant john holzman believes that angle of merkel will not be able to convince beijing to throw its cash into europe struggling south. well what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china our go to germany that's a booming relationships that's the difference uncouple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no line spanish and italian bonds as the chinese not become suicidal and this is america can be a good business pers

far more right now than china needs germany. china's prime minister has also called on greece italy and spain to go through with reforms on budget cuts to get their final. says back on track spain is meanwhile trying to dispel fears that it will need another bailout as it's a formally strongest region in catalonia has now run out of money consultant john holzman i believe that i'm going to will not be able to convince beijing to throw its cash into europe's struggling south what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china are go to germany that's a booming relationships that's the difference on couple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no unbind spanish and italian bonds as the chinese not become suicidal and this is america can be a good business p

far more right now than china needs germany. china's prime minister has also called on greece italy and spain to go through with reforms and budget cuts to get their finances back on track spain is meanwhile trying to dispel fear is that it will need to buy announces its full money strongest region catalonia has run out of money risk consultant john hulsman believes that angle of medical will not be able to convince beijing to throw its cash into europe struggling self when what they want to talk about is not europe and germany relations between china and germany are great trade bilaterally grew at eighteen point nine percent last year one fifth of all exports to china from europe or germany one quarter of all imports in from china are go to germany that's a booming relationships that's the difference uncouple in germany from europe so a lot of countries around the world are doing it so i think you'll see a polite no on buying spanish and italian bonds as the chinese not become suicidal and this is america can be a good business

china wants to turn the trickle of its cross border tree. you won and to a strain beijing uses the national currency when trading with hong kong which has the hong kong dollar and also singapore but it also hopes a lot in america and the middle east could be next and russia has long been advocating moving away from the u.s. dollar and trading in the national currencies hong kong's financial secretary john sung explains to business r t how it could all work. what is happening now is a great deal of trace. in the national currency so in terms of for example between russia and china they would be doing a lot of settlement or in this way you can we reduce the currency risk that my incur and that is already happening i think we should expect to see a lot more as these two currencies become a. sort of currency for for the rest of the world. and speaking of asia let's see what's going on on the asian equity markets and what we're seeing there is pretty much a sea of red japan is hurting the most it's losing more than one and a half percent the sour

he's been traveling to china every two months for the past ten years it's very easy to doing business enjoying. everything that comes. home the two asian powerhouses have historically had tents ties over everything from their borders to their choice of friends but you wouldn't sense any kind of animosity it's are there bizarre worse sixty percent of the products sold here are imported from china there should be more of a real friendship. and movies of the partnership between india and china extends beyond just making money the two countries also have a track record of voting similarly on foreign policy issues ranging from libya to iran to syria many experts believe that's because both countries are adamantly opposed to western military intervention which might be why some believe it's the wise that is buddying up to india to counterbalance washington's growing fear of china. aboard everything you did in their benefit that these conflicts keep coming up between india and china so none can google. and it's easy to see why with forty percent of the world's population and two of the faste

far more right now than china needs germany. peter over there in china's prime minister has also called on greece italy and spain to grow go through with reforms and budget cuts to get their finances back on track let's now talk to hans küng the nanny who is the editorial director at the european on foreign relations or despite his warnings chinese president hu jintao said he supports europe's efforts to overcome the crisis in what way could we see help then from the east. well as your reporter suggested the big hope in europe is that the chinese would invest in some of the new vehicles that have been crazy like the european stability mechanism. the chinese. offer lots of words of support today and yesterday but not much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bonds in the last two years since the euro crisis began anyway and we probably won't know so there's a lot of there's a lot o

a difference between china and the u.s. the u.s. had the credit bubble built on consumption in other words the level on the household sector level government level went up dramatically to finance consumption in the case of china at least the finance investments in infrastructure in research and development and so forth and that is a key difference now if you have a capital spending bubble like in china the downturn can be very severe because you're running to overcome by cities that then if you're trying to money you produce even more over capacities and the fact is simply that if you look at reliable statistics say. which countries the largest export market for taiwan and south korea it's china in there and if you look at exports from korea and taiwan all for out year only year so that is quite reliable you look at electricity production in china it's up one percent a year on the year and so force and so on so those that this actually suggest that the chinese economy is much weaker than what the official statistics suggest it doesn

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the prison so what we've got is we created a monster what was a very weak country before we are permitted to build a man into a massive economic power so i guess so my question for you is is this a drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in many ways. t

safeguard this is a suggestion that the syrian government say they are very much against russia and china also opposed it saying that it could only create more conflict and violence so clearly you have a very complicated situation here but we did hear western countries address the security council their representatives calling once again for syrian president bashar al assad to step down britain and france the foreign ministers of those countries today made a new call encouraging for more defections within the syrian government and the syrian military the russian ambassador to the united nations vitaly churkin i did address the security council and raised the issue of the fact that the unilateral sanctions that western countries including the u.s. britain france those sanctions that they've placed on syria are only hurting the syrians who decided to visit both of those july sanctions imposed by the u.n. security council have nothing in common with the actual efforts to assist a settlement of the syrian crisis because the lives of simple citizens and deny them the opportunity to meet their

paymaster has eased germany's chancellor is in china seeking investment while trying to convince beijing that the euro is still stable enough to invest in. iran says it will team up with other nations to help stop the bloodshed in syria as the main day of the summit of the nonaligned movement opens into iran despite u.s. criticism. and the rebel opposition in syria will be wiped out sooner or later says president asad in a t.v. interview but the insurgency now weaker as they continue to fight the army. ten am in the russian capital watching our team with me wearing a joshie the german chancellor is the latest to beat a path to china with a huge delegation of business leaders alongside offers as good a chance as any for the struggling european economy to attract the investment it needs to avoid financial catastrophe and marco has become a frequent guest in china aiming to nurture a friendship with economic superpower are displayed all over has more. is no stranger to china this is her sixth trip to the country since she came to power in two thousand and five and there's going to be some b

china has summoned a u.s. diplomat to protest against criticism of beijing's new military garrison in the south china sea the military base is located in a bitterly disputed area with territorial claims pitting china against the philippines and vietnam among others analyst george coupe thinks the deployment is part of beijing's response to washington increasing its military presence in asia when china is doing by basing this scares in the middle. is basically say you know what's just out and and don't make any missteps we're here to to respond i think it's a response to obama's very public announcement the pivot to asia. which included of course basing troops in darwin australia to breakthroughs with the. relations breakthrough it being. the latest incident was when philippines. sent their. navy ship to. this particular island being contested between fearless beings and china and i think decided that they need to respond to all the to raise the stakes so to speak and that's why the put in the you know the gove

china. they are courting each other at official meetings but it's a different story under the table with the u.s. employing a return to asia policy ties between washington and beijing are getting tense. is becoming. a crucial region the u.s. . is having you along. because the u.s. is in march and. they are coming to this region. trying to. china. and that intention has already been felt south korea the philippines and vietnam have already held nato military exercises with several more countries in the region expected to have similar war games soon during a recent extensive tour of the asian pacific u.s. secretary of defense leon panetta said washington will relocate at least sixty percent of its naval fleet to the region by the end of the decade the official reason for such moves has been china's territorial disputes with the philippines in the south china sea but experts say that's only an excuse the u.s. is now promising some kind of support for the armed forces modernization creating a so

china. and that intention has already been felt south korea the philippines and vietnam have already held nato military exercises with several more countries in the region expected to have similar war games soon during a recent extensive tour of the asian pacific u.s. secretary of defense leon panetta said washington will relocate at least sixty percent of its naval fleet to the region by the end of the decade the official reason for such moves has been china's territorial disputes with the philippines in the south china sea but experts say that's only an excuse the u.s. is now promising some kind of support for the armed forces modernization creating a so-called minimum credit credible defense posture but the end the end result would be more in favor of the u.s. than in the philippines seeing that the u.s. or so many economic and business interests in china it wants to keep china obedient to whatever dictates that you have at in store for china so all the treaty allies from japan south kore

china summoned a u.s. diplomat in protest at a criticism of beijing's a new military garrison in the south china sea it's believed to be aimed at strengthening of china's control over potentially oil rich islands in the bitterly disputed maritime region the territorial claims of china against u.s. ally the philippines as well as vietnam. china's growing influence has also got america all on the run in africa to counter it secretary of state hillary clinton is there on an eleven day marathon tour the continent's of the next a big economic a battleground with its resource rich and fast growing nations the editor of the pan-african news wire believes washington fears being eclipsed by its powerful asian rival. when hillary clinton went to africa last year she expressed some trepidation about the growing relationship between africa and the people's republic of china but it appears as if most of the states in africa have a very positive view of the burgeoning relationships between the african states and china a

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to say really quickly tell of his response . we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the present so what we've got is we created a monster what was a very weak country before we are permitted to them to build a mass into a massive economic power but i guess all of my question for you is is this drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in m

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble there on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the prison so what we've got is we created a monster what was a very weak country before we are permitted to them to build mass into a massive economic power so i guess so my question for you is is this drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in many w

and in the business bulletin later this hour china suggests boosting biological trade with russia. by incorporating deals in the national currencies the story and more in less than ten minutes. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. wealthy british style some time to. market why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. first. date. this is also the welcome back to the u.s. now where the republican candidate for the presidency me troll me has been laying out his case for all that is it hot some strong views which good war is some nations but he's now got such a reputation for changing his stance on a shoes it's hard to know exactly where he stands on anything as he is again extra counties here to tell us. mitt romney is now offi

india is not really going there way too much china and so forth to the south china sea is the one area where they have all the advantages they have missed real contest between saving the the various countries in the region so it's sort of a heaven sent gift if you want to. if you want to build up alliances if you want to keep the chinese off of. what we say. well you know countries may agree and disagree on certain issues by business is business and with china and the us being the world's a largest trade partners how far do you think will the united states go in pushing its own agenda in the region that is a big question that is the sixty four billion dollar question nobody really knows the answer is a lot of discussion in the american best chinese best trained best set exaggerate about that we don't really know but if you look back to the the outbreak of the first floor and there again we had all these tires that tween germany and the other european powers. family ties to natural ties except except and lots of people say it was impossible to say so but it did happen so it is possible

china. and that intention has already been felt south korea the philippines and vietnam have already held nato military exercises with several more countries in the region expected to have similar war games soon during a recent extensive tour of the asian pacific u.s. secretary of defense leon panetta said washington will relocate at least sixty percent of its naval fleet to the region by the end of the decade there's a reason for such moves has been china's territorial disputes with the philippines in the south china sea but experts say that's only an excuse the u.s. is now promising some kind of support for the armed forces modernization creating a so-called minimum credit credible defense posture but the end the end result would be more in favor of the u.s. than in the philippines seeing that the u.s. or so many economic and business interests in china it wants to keep china obedient to whatever dictates that you have in store for china so all the treaty allies from japan south korea aust