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Has economic problems completely separate from the trade issue they have a lot of inefficient state enterprises they have a lot of bad loans it had a property bubble so there's been a lot of stuff going on that made analysts nervous that you throw the trade dispute on top of that that clearly has helped push the chinese economy in a bad direction and of course the economic growth is what has catapulted china into a leadership position so it matters geo politically though there are separate issues in both sides and let me take a listen to want white house economic adviser kevin hassett said ear...

The development could find the end of a success story that began twelve years ago. to talk more about a rising or maybe a sputtering china i'm joined now by doug bandow he's a senior fellow at the cato institute in washington he just penned an op ed piece entitled u.s. sign a relationship forty how to deal with china while avoiding war mr bennett was good to have you on the show let me just ask you about what you know it says they say that they've got a china problem and that is made worse by the trade tariff dispute is it possible to separate the the economics from the geopolitics when we tal...

Which is about equal to u.s. banking system even though when they did that their economy was less than one-third the size of ours. they avoided the recession but they have property bubble, stock market bubbles, all bubbles. they have to have an adjustment downward some time. >> who said this. >> you say nothing out of friday even by acknowledgement of two governments, leaders got to know each other. u.s. people don't like status quo with china on trade, on currency, on security. are the chinese happy with the status quo? are they happy to have a summit nothing gets done or do they need somethi...

This is 6,000 miles from the city of lights, luxury development, in the outskirts of shanghai that was constructed in 2007 to attract china's new wealthy. but according to the developers, it is currently on the 20% to 30% occupied. location, location, location is part of the problem. the luxury development sprouted in an area surrounded by farmland and dead end roads. it is also a symptom of china's property bubble. ghost towns, even entire ghost cities, are increasingly common sites in china. in this case it seems instead of going to fake paris, the chinese are going to the real city of light...

Lights. a luxury development in the outskirts of shanghai that was constructed to 2007 to attract china's new wealthy. but according to the developers, it is currently only 20% to 30% occupied. location, location, location is part of the problem. the luxury development sproutd in an area surrounded by farmland and dead-end roads. it is also a symptom of china's property bubble. ghost towns, even entire ghost cities are increasingly common sights in china. in this case, it seems instead of going to fake paris, the chinese are going to the real city of lights. 1.4 million chinese visited france ...