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Episode details

World Service,08 Jun 2016,49 mins

The US Warns China about its Business Climate

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For this edition of Business Matters we're joined by Joanna Chiu in Beijing from where she files for the German agency DPA International. And in Washington DC we'll be hearing from Nancy Marshall-Genzer of Marketplace. We start with trading relations between the world's biggest and second biggest economies; the US and China. There's a heavyweight American delegation in Beijing right now including Treasury Secretary, Jack Lew, and the Secretary of State, John Kerry. Adam Dunnett the Secretary General of the European Union Chamber of Commerce gives his view on Mr Lew's concerns over China's business climate. And we get a different perspective from Professor David Zweig, Director at the Centre on China's Transnational Relations at the Hong Kong University of Science and Technology. We've heard a lot about the slump in China in recent months, our guest Joanna Chiu has been to the city of Chong-qing to look into what the government hopes will be a successful experiment in growth revival. She tells us about the trip and who she met while she was there. Whichever way your loyalties lie, today is a landmark in American politics; Hillary Clinton will become the first woman to secure the presidential nomination of either the Republican or Democratic parties. We talk to Nancy Marshall Genzer from Marketplace and also to Jeff Gerth. He's a senior reporter at ProPublica.org - and the author of Her Way: The Hopes and Ambitions of Hillary Rodham Clinton. We ask him whether voters had seen a changed candidate compared to her previous run back in 2008. The rustbelt city of Niagara Falls may have a famous tourist attraction, but it's suffering hard times. Half its population has deserted the city. It's trying to reverse the decline by offering support to newcomers to start businesses, and even pay off chunks of their student loans. We hear from the BBC's Edwin Lane who's been there to find out more. We also cross to Myanmar from where the BBC's Jonah Fisher gives details on a fellow BBC reporter who has been jailed for three months with hard labour. Nay Lin of the BBC Burmese service was convicted by a court in Mandalay of assaulting a policeman during student protests in 2015. Photo: US Secretary of State John Kerry delivers a speech next to Chinese vice premier Wang Yang during a meeting at the Great Hall of the People in Beijing Credit: NICOLAS ASFOURI/AFP/Getty Images

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