worth of competing claims the south china sea in particular is a simmering pots of potential conflict. "asia's cauldron" has a vivid snapshot of the nations surrounding the south china sea bringing in the region of the 21st century and the implications for global peace and security. to help tease out those thoughts we're lucky to have steve who is here with us tonight as one of the current host of the morning edition of npr with his co-host rainier took over morning edition in 2004 and has been there ever since. he was the chair's rotation correspondent and host of weekend all things considered. since joining the morning edition he has hosted the program new orleans, orleans, detroit, cairo and toronto establishing himself as a thoughtful commentator on a wide variety of issues investigated iraqi police and the author of the instant city which is published in 2011 by penguin press also britain for many publications including "the new york times", the "washington post" and "wall street journal." steve's work has also garnered praise. 2006 he received the kennedy journalism awa

. [applause] the mac robert kaplan is next on booktv. he talks about the south china sea, a body of water that has huge oil and gas reserves nec's favor than half the world's fleets. this is about an hour. [inaudible conversations] >> good evening, everyone. my name is bob workprint current chief executive officer for new american security. it's not a publishable committee which for the book launch of robert d. kaplan's newest book, "asia's cauldron: the south china sea and the end of a stable pacific." before going on, ask everybody if you have an electronic devices if you can please check them and make sure they are silenced, i would vitiated since we don't want them to disturb the goings-on for the rest of the evening. as this great crowd suggests, bob kaplan is not today's most recognized and respected american journalist. he's currently national correspondent for the atlantic magazine provided for stratford. it's also a senior fellow at the foreign policy research institute and i'm very happy to say senior fellow at the center for a new american security. i think bob first kind

. china's escort the dtp doctor today to show you what i expected. china's biggest overseas mining deals. what sort of snack afterwards like five point eight billion us dollars. i welcomed it. the nt. first up a new phrase is beginning in the search for missing flights and takes three seventeen. australia's joint agency coordination center which accc says a distance this issue has been taken to end the use of the thai cooking i like a top which looks for black box signals i was a vehicle would now be used to look for the plane at depths of up to four thousand five hundred meet us the child crying in the employment of the underwater vehicle it has a twenty four twenty four hour cycle. scion. we anticipate us this morning and met this evening. it will then be recovered. and with the collection of dots of analysis and so on. it will be ready to be deployed if everything goes according to plan exactly twenty four ounce for the first deployment and saw one the semester belinda is the sunnah and additional equipment to scan the seabed the doctor has to be downloaded once he returns to suspects

on china's economy and the relations between the two countries. this is from the brookings institution. it's about one hour. >> hello, everyone. i feel honored to host this session of the u.s.-china relationship to commemorate the 35th anniversary. i am the host of the dialogue on cctv news. the history of our relationship goes back to the mid-19th century. the u.s. demanded an open door policy and equal access to the chinese market. the first generation of chinese students returned thanks to the humiliating indemnity. the process of the china modernization started from our devastating defeat at almost the same time, and even going back to the tong honesty, when policies were very liberal for public opinions. today, china has become the fastest-growing overseas market of the u.s., we are the top creditor. when we look at the commonwealth, we got to examine the growing independence -- interdependence on the growing world, and we look to see if a rising power could challenge and antagonize u.s. world leadership. do we have a collective future based on the norms of a new model

counters and access to wilkinson. he says. above is a joke consumer prices in china rise two point four percent annually for the month of march. that's just below expectations while producer prices continue to fall for the twenty fifth straight month. asian shares but the friday of a down note that the carnage from the wall street overnight and all the final day of the twenty fourteen while forty four age of financial reforms take center stage it is to get on cctv news i'd like a walking stick. first up china's consumer price inflation increased two point four percent in march she on your wall factory prices continued at the plate indicating weak demand as well as a cooling economy much is two point four percent cpi reading was more than two percent increase we saw back in february to just below the median forecast for stu prices led the gains though analysts use a food inflation is showing signs of moderating. the first quarter of twenty fourteen though the consumer price index climbed two point three percent annually. below this year's government target of around three point five

been trying to do this, and what's frustrating, too, is that yet and still the polity in china hasn't reached a stage where -- and you know this from your time in china been where those officials and retired officials even felt the confidence of being able to do the kind of irresponsible thing we're doing right now. [laughter] by sharing, sharing our personal views without any baggage. so we're, but i think that's@+2z devoutly to be looked for in a second edition can. >> yep. >> we have time, i think, for a couple more. yeah. >> thank you, i'm from georgetown, university. one of the interesting things brought up in the panel discussion is the disconnect or the lack of harmony, if you will, between the central government and the local government administrations. and it's fairly well known at7g point that there are a range of issues that the central and local governments, especially local governments of the more devout areas in china, places like shanghai, places like beijing, there's a range of officials that these government officials disagree on. can you maybe possibly just el

powers. you know, china, india, mexico, korea, brazil. many other people who are players. 11 of the 15 people who used to receive aid from imf are now doing their countries. we are living in a changed world, and governance is not doing very well in many places. might i add also here, regrettably, so we need to do, all of us, a job of looking into the future and try to figure out how we're going to stand up for america's interests and promotes a more effectively. and that includes in the budget, for foreign policy and any options that we can put on the table. now, one final word, if you will permit me. on syria where we hear this notion that somehow there was a redline and then it wasn't enforced, and somehow, you know, it's a sign of weakness. i beg to differ. you know, facts are stubborn things. the president of the united states made his decision. he said i am going to use military force, but he listened to people on the hill who said, if you're going to do that you ought to come to congress. maybe some of them were, you know, there were some crocodile tears in a particularly, becaus

>> the gauge pointing to the recovery of the boj. memories, china sees a japanese ship in a row going back eight decades. the beijing auto show gets into gear and we are there live. welcome to "first up<'coming to you from hong kong. appeared tochitect be at odds over the strength of the economic rebound. wassurprising data which the bank of japan may be overly optimistic. the government is a bit more pessimistic. is the difference between expectations as well as reality. is expectation of the market that it will deliver on job growth as well as inflation. the boj-two percent inflation target. the numbers show that both sides are not necessarily narrowing the gap. the government is a little more pessimistic. headed towards that price stability, wage growth, as well as inflation. course, this measures growth. this is the first time this has shown such a stark difference. the cabinet is less optimistic. said this the survey confirms the boj policy is working. >> the measures are little different. japan look at of this with different formulas. >> that may explain part of this. we n

mustan mustangs, if you like, or anything else on the website at aljazeera.com. business with china, you will want a piece of the action. i will tell you why. here in the united states, factories are making more, builders are building more and people like are you spending more. i have a brand-new snapshot of america's economy. little guys who do what the bankers don't, small community banks and their important place on the main streets of america. i am ali velshi. this is "real money." ♪ >>> this is "real money." you are the most important part of the show. tell me what is on your mind by tweeting or using facebook.com/alivelshi. china's economy is slowing down from the torrid pace. if you listen to some people, falling. it's not. china remains extremely attractive destination for businesses and invest whorz take a long view and want a piece of the action. ors who take a long view and want a piece of the action. we learned chinaas gross domestic product, the broadest measure of economic activity grew 7.4% in the first three months of 2014. now, this 7.4% is compared to the same period

relations between china and taiwan. no one is the state of the us china and taiwan trial at the relations today. on today's program were delighted to have a true expert in very good friend of mine thought to be that long course currently an associate research fellow of the east into european and american studies at the academics america to discuss this and many issues with us what kind of proactive if i let the two nd is the lack of use. whoa going to start off today's program was something very broad and general was something bite of your alley this what is your assessment of the state of relations between us and china. this is possibly the single most important bilateral issues in the world today. there's of course some positives though also some talent is that the water some of the changes you want is to pay in this relationship in two thousand twenty one think the epoch defining feature of the us and china mediation scheme has to do with the andean silk on the color transitions here and everybody know that ten of rice in rice recipe and isn't and us bred in a rented the decl

china center and a professor at the university of michigan. he is also the signature chipper asia during the clinton administration. and oh my far left is jonathan pollack, a senior fellow at the thornton center in east asia studies. and an expert on chinese national security strategy and u.s./china relations. to start off, i'm going to ask the panel a few question and see if there are any connections between the issues. i would like to start with you if you do not mind. the crisis and crimea and ukraine is occupying a lots of the time and attention of u.s. officials. i think it is coming into question some of the declared strategic trailer tease of the obama administration including the pivot to asia. do you think the united states will have to reorient its strategic rarities to deal with the crisis? are europeans and ukrainians expecting that? >> let me say what kind of a backdrop going back a few years. what you have seen since the end of the cold war is the united states having the ability to have to devote less time and attention and resources to europe. that is largely reflecting t

it's russia, china, and those who are causing problems for the u.s. in the world, and they're very organized in how they pursue this. if you look at the things in the introduction, the syria, middle east, ukraine, there is collaboration on this issue. this is what is happening and there are these two poles in the world that are vying for hearts and minds, as it were, and we need to be on the front lines of that fight, and we need to use all of the tools that we have to achieve that. i think this argument about military force is sort of a strange one to me because the u.s. military isn't just a military power, it's also a great tool of diplomacy, and a great humanitarian tool. every time there is in rebuttal, why is everyone so quick to use the military force to solve problems because sometimes deploying force is the way to prevent the way to need force. it's a tool that the administration needs to come back to the table and accept that and look at it in a post-direct world. >> we'll definitely talk more about that later. isaac stone fish? >> i also think that it's a bipolar world a

china. plus why would anyone ever vote for this guy, rob ford ever again? well, there's a reason, and it has everything to do with money. i'm ali velshi, and this is "real money" ♪ >>> this is "real money." you are the most important part of the show. tell me what is on your find by tweeting or going to facebook, a surprising development today that offers some hope for peace in ukraine, maybe. talking about an agreement to de-escalate tensions by u.s. secretary of state john kerry and his russian counterpart, sergei lavrov. and it came just one day after a slash at a ukrainian military base that left three pro-russian protesters dead and 13 wounded. among other things they call to give up government buildings they have seized in eastern ukraine. in return ukraine won't prosecute them. but the pact doesn't require russia to remove the 40 thousand troops it has amassed along the border. and vladimir putin made it clear that russia reserves the right to take military action. this comes amid more signs that russia is a true economic mess and is probably sliding into recession. russ

the mainland affairs council off the republic china to tell is exactly what the cross race of the st agreement with due to taiwan's economy in the years ahead will come to the program to begin this painting and handling fees and i don't know if i did today to have been so continue to discuss to augment policy years and this truly be a pleasure to have you on the program is that start off with the program going on to master something very broad and general ill assistant neil may two thousand and eight. there's been tremendous progress in cross strait fields relations between china and taiwan especially the areas of transportation economics. so lot of people are wondering what is currently government policy. which i can. it is very clear because under our constitution on the seat. we have two regions policy ones out in one area and one has managed its main policy tool man and his reply is that there would like to keep us the gospel and all constitution of the creature we say we have three gnomes and ten million education in between to convince this and know yourself. and in order to be

. apparently referring to china's increased maritime activity. the statement expresses concern over actions that have raised tensions in the east and south china seas. they include beijing's declaration of an air defense zone in the east china sea. the statement goes on to say that the u.s. has deployed its most advanced military assets to japan, and is providing all necessary capabilities to meet its commitment under the bilateral security treaty. it says the commitment extends to all territory under japan's administration, including the senkaku islands. further it says the u.s. opposes any unilateral action that seeks to undermine japan's administration of the islands. japan controls the senkakus. china and taiwan claim them. the japanese government maintains the islands are an inherent part of japan's territory in terms of history and international law. prime minister abe has been seeking to reinterpret the constitution to allow japan to exercise the right to collective self-defense. the statement says that the united states supports japan's consideration of the matter. >>> japan's deput

.-china relations in the 21st century. i'd heartily recommend it to you. you could wait for the movie but i think you probably shouldn't. [laughter] on my other side is ken lieberthal who's a senior fellow in foreign policy and global economy and development at brookings. he was previously the director of our thornton china center and a professor at the university of michigan. and he's also during the clinton administration was the senior director for asia in the white house. and on my far left is jonathan pollock, who is a senior fellow in the thornton center and in the center for east asia policy studies and previously a professor at the u.s. naval war college and an expert responsible chinese national security strategy and u.s.-china relations. so to start off i'm just going to ask the panel a few questions and see whether we can find out whether there's any connection between these issues and then we'll go to the audience. so steve, i'd like to start with you if you don't mind. the crisis in crimea and ukraine is obviously occupying a lot of the time and attention of u.s. officials. a

with trips to south county in southwest china's problems. welcome to cctv new light from reaching up until we begin with the latest in a search and rescue operations for south korea's sunken ferry to death toll has risen to fifty six with two hundred and forty six still missing a number of the rescues remains of one hundred and seventy four the south korean coast guard to the side gardens had managed to get inside the area on sunday. operation involves the two hundred and four ships thirty four planes and five hundred and sixty three delegates. docking operations are expected to pick up pace as part of the wood two weeks have been sucked up. what this has continued to pump back into the hall of the sudden urge to but cannot stop its descent. the ship left the western port city of the income on tuesday for the southern resort island of catching it capsized off team going into wednesday morning among the four hundred and seventy six passengers and crew with three hundred and twenty five high school students and fifteen teachers on the fourth day field trip so the authorities have decid

auto show is critical because china is the world's largest passenger vehicle market . jd power says they will sell in excess of 18 million passenger ,ehicles, 24.3 million vehicles including trucks and might vehicles, overtaking the united states. there are challenges, though, in this chinese economy. there are license plate restrictions. there is a credit crackdown. pace of a slowing growth and there is an austerity crackdown. i asked jd power associates president about these challenges. seeing cities in china place restrictions. there are pressures on the infrastructure, pollution issues. you will see local governments respond to this. as a whole, the growth throughout china and the aspiring middle class showing continued growth in the automotive industry. bmw.t's get back to ian robertson is a board member and head of sales, he tells me their factories are working at capacity as the global auto industry is having an upsurge. china has been on an upsurge for quite some time. yesterday, the chairman and ceo of volkswagen was here and checked out the new look shree concept vehicle.

does not include china. if the tpp were to become reality, it would comprise the biggest trade accord in u.s. history, but there are hurdles. the u.s. wants a bigger foothold than japan's automobile and agricultural sectors. only 6% of autos sold inside japan are foreign made. and there's agriculture. the japanese government protects japanese farmers. also this. the security front. japan is in a dispute with china over a group of islands in the east china sea that japan named. both nations claim the islands. now for the first time, a u.s. president, obama, has sided with japan. ahead of his visit, the president told the japanese newspaper that the islands fall under the u.s., japan mutual security treaty and said quote, the policy of the united states is clear. the islands are administered by japan. we oppose any unilateral attempts to undermine japan's administration of these islands. unquote. >> question, one of the main objectives of president obama's trip to asia, the asian pivot. >> japan is in a conflict with china. japan add administered these islands, china entered a claim for

, and nationwide xm 120. >> former treasury secretary henry calls and said today that china's economic model is not sustainable. his remarks came this morning at the center for strategic and international studies in washington. >> hank paulson is just back from a trip to china and i asked him how many times he had been to china and he paused for a moment and said, "more than 100 at goldman and the treasury." now pursuing a third career which is, interestingly, 100% nonprofit. he has no investments in china except maybe his heart a little bit. , i thought i would start with remembering that you over a horrible financial crisis in the united states and we are a country that we thought had a sophisticated financial system but it did not turn out to be quite as good we were led to believe but in some senses, the chinese are facing what is widely regarded as potential for a financial crisis perhaps with less expertise in handling them, although they do seem to have a few resources if they need them. i'm wondering if you can talk about how big a risk you think there is in the shadow banking,

to stay with china leading the quickest way to get a bit sad to grow or die. he opted to ignore the video and it would not bite you but it's not like chelsea ctv news. it's been on a date since the south korean theory they say whoa capsized off the southern team go on runs until the four hundred and seventy six passengers and crew on board three hundred and twenty five one high school students and fifteen with teachers on a four day field trip. the total number of deaths from the accident has now risen to one hundred and sixty three with one hundred and thirty nine still missing the numbers survive is the remains officially at one hundred and seventy four. one ferry crew member don says that she and her colleagues were on the orders to abandon the ship when the accident happened. and the captain and two crew have a state appointed attorney to represent them as they face charges of negligence relating to the deaths of hundreds of passengers. as the ferry began to sink the crew told the passengers to study in nick evans the south korean boy who finds it in the first distress call that

. welsh artist he's so good. yes she has the capacity to just dump a process in china. i seem to be launched into two types stokes combo tech shares in the storm didn't cut down the nikkei climbed one point seven percent. well come to this edition of his age on sa's to the news on two people engaging developing countries in east asia pacific region will see stable growth this year will advance as it is these asia pacific in long update released today that the region's e coli in the colony is posted by a recovery in developed countries and marcus morris response to the fence to be tapering so stop developing east asia will grow by seven point one percent is he a largely on change from two thousand thirteen the vocalists as as result is danger remains the post is growing region in the boat despite the slowdown from the average growth rate of eight percent from two thousand ninety pound fourteen in china where this will ease slightly to seven point six percent this year from seven point seven percent in two thousand sitting. excluding china the developing country in the region will gro

stories we're following this hour. i am these students protesting a great deal with china have ended their occupation of the parliament building asia's largest opposition party looks set to win the general election. bond investors are disappointed with the weak result and pro russian activists in eastern ukraine are standing firm in their battle for greater autonomy. students in taiwan protesting a trade deal with china had ended their twenty four day occupation of the parliament. they left a legislative chamber in taipei to cheering crowds. this is a representative told reporters that vacating the parliament does not mean the end of the demonstrations the leader said. they will continue to demand tougher rules for examining deals with china demonstrators say to those proposed by friends of mine tells administration are not good enough. the group is upset that the pact signed last june that would open up trade in dozens of service sectors. they lived at the parliamentary speaker had promised to stop the process towards approving the deal until the new system is in place to sit

economies, perhaps including china, but it would strongly reinforce american tile rules about free and open trade worldwide. yet the president has not been able to get the fast track authority that makes it possible to negotiate such a trade deal. the democratic party, once the greatest champion of free trade, has turned its back on it. a sat shift in a once open and optimistic party. and in recent years, republican support for trade has also gotten much weaker. america's military strategy in asia requires significant budgets, and these are under pressure from both sides of the aisle. public support for any type of ambitious, generous foreign policy is pretty low these days. the most worrying obstacle to a serious american strategy might seem at first to be a highly technical issue. the administration has proposed reform of the international monetary fund which congressional republicans are blocking. but reforming the agency is crucial to america's future global vote. let me explain. the imf governing board has long been dominated by the united states and europe. as asian countries

equal. since two thousand eight has been a lot of progress in cross relations between china and taiwan though what is the state of the us china taiwan thailand relations today. on today's program were delighted to have a true expert in very good friend of mine the david hall who is currently an associate research fellow of the institute of european and american studies at the academic senate to to discuss this and many issues with us what comes across with a bit. i woke up to end of the light of this whirlwind start of today's program was something very broad and general was something bite of your alley it's what is your assessment of the state of relations between us and china. this is possibly the single most important bilateral issues in the world today. there's of course some positives and also some challenges that i wore some of the changes you want is a pain in this relationship in two thousand twenty one three pm the defining feature of the us and china relations has to do with the ending is so cool color transitions and everybody know that ten on rice in rice recipe and is an u

to the philippines with plans for a stronger military alliance. and profit growth of china construction bank trailing its rivals. tension in the ukraine sending stocks in a southerly direction. seeing what's going on and how to follow through for the start of this week. over to david. >> thanks. a lot of risk aversion continuing really across the region today. we're continuing to see that basically mostly across some of these markets and fairly pronounced losses i should mention. looking at the nikkei. it's really about the japanese yen. we see a little strength. just about at a one-week high against the dollar. look at taiwan. down 1%. australia, the one segment is keeping things are afloat are the gold mining stocks. gold is continuing its gains. as the demand. malaysia getting under way. president obama leaving and flies to manila later on this afternoon. so we'll continue to watch that closely. i mention it had safe haven trade let's quickly chick in on some things we're watching. there we go. gold above 1300 back about 1300 n ounce yet again. anaheim ex crude here. jus

in china for the second straight year. winterbourne that's where the corn was speaking ahead of the -- winter carnival is speaking winterkorne was speaking ahead of the show today. hasof china's domestic cars sold for a record. the tailor-made red flag will be delivered in the next three months. faw produces the vehicles and make saudi's -- makes audis in china. show.is the vision car -- hen engle it wasn't a good sign when the roads to the beijing auto .how were clogged the few traffic police hurting the traffic into what was up -- hearding the traffic into what was supposed to be press only did. three hours in traffic, ironically heading to the auto show where they are going to sell more cars and put more cars on the street. it was a much better once we got inside as we hit human gridlock at the press registration. >we've gone from one slow boilig frying pan into another. three and a half hours or so in the car. now we are in the queue to get our presentation, the press presses -- the press passes. the irony. conference that is opposed to be delivering mobility. remember i said it

china's one child policy has quoted controversy, from accusations of the state confiscating children, to forced abortions. today it is being blamed for a declining fertility rate and a major gender imbalance with more than 30 million men, to women by 2020. i'm steve chow on this edition of 101 east, we ask if the days of china's one child polices is coming to an end. >> for 21-month-old lin jiahe, saturdays begins in with a menagerie of toys... ...under a shower of attention. >> little jiahe is an only child. he holds the most precious place in the household, with parents and grandparents catering to his every whim... and documenting his every move. >> "i am constantly writing to my son, telling him my thoughts and feelings in micro-blogs or postcards, which he will see in the future. i'm writing down the problems i have encountered and the way i have found to tackle them in the hope that they will be useful to my son when he grows up." >> jiahe and his parents are typical of the three-person nuclear family that has emerged in china in the last three decades, a result of the

was so shocked. i didn't imagine to see that you. paulson onent, henry china's economy. then proposed changes to the tech system. two journalists talk about the new book they are working on. the boston memorial ceremony marking the bombing anniversary. the next washington journal, we will look at the financial disclosure statements and how much money they are raising in this year's selections. -- elections. the chairman of the federal usction commission will join to discuss how his agency has been affected by the recent supreme court decision. and keep johnson, senior reporter -- keith johnson will focus on the role that natural gas plays in the relationship between russia and europe. when the conversation on facebook and twitter for washington journal. former charger he secretary henry paulson says china's economic gains over the last 30 extraordinaryn but not sustainable. speaking at the center for strategic and international studies, he said that the leaders understand climate change. this is one hour. >> it is a pleasure to be here. i asked him how many times he had been here. he

strengthen those voices in asia, especially in china, who say their countries should not try to integrate into a western framework of international rules because they will always be second class citize citizens, and they should, instead, bide their time and create their own rules. at that point, we will all deeply regret that we did not let these companies sbu the club, when we had a chance. let's get started. >>> of course, president obama couldn't concentrate completely on asia this week as the crisis in ukraine continued and even heated up. i wanted to delve into both of these issues and how to handle them. that is the kind of advice that tom donnelin used to give president obama. until nine months ago, he was president obama's adviser. tom, thank you for being on. >> thank you for having me. >> do you believe that vladimir putin could invade ukraine at some point? >> i think if they're involved in the situation in ukraine, i think the russian view here is that to destabilize ukraine is superior to a successful ukraine in the west. i think they will continue to use leverage.

china. i want to dedicate my report to the asiana we landed on shanghai the 8 the of march that's the same day the flight was missing. among our group was peter daily and the manager of the port we went to a ball conference we were both the open the ground there to build up and make contacts and talk to customers to bring more cargo to the port of san francisco we had great meeting our first was the with the china chamber of commerce and we got insight we might join that group. we met with governor jerry brown's office and china has a developments they've got more billionaires than in the united states. what appeals to them is a taking crews to hawaii and san francisco we want to market our new terminal for coming online we talk about the big development in the port of san francisco but sometimes, the developments are like helicopters authors a lot of parrots but in september we pitched to the people in china was that the biggest operator is going to come to our opening day in san francisco to see your new best crews terminal the and we want to do a hook up we know go via satellite we

issue between japan and china. >>> the underwater drone looking for the missing plane is almost finished with its search area so what's next? >> hamas, the political deal that's angering israel and making many palestinians skeptical. >>> the big plunge. the heart dropping and record breaking jump from the tallest building on the planet. >>> hello, everyone. you are watching "cnn newsroom" and i'm rosemary church. >> i'm john vause. we'd like to welcome our guests from around the world. still no flight for malaysia flight 370 so now the investigation is entering a new phase. >> not before the blue fin drone wraps up the final part of its search. it's on its 12th mission under the indian ocean. you can see what it's covered so far in the green, more than 90% of the search area. >> a possible lead fizzled out. cnn's michael holmes has that and more on what's to come from perth, australia. >> reporter: hopes that the object of interest might lead to something concrete in this search quickly dissipated overnight. it was an object about 2.5 meters long and a meter wide. it was made of

those breaking numbers. we are watching china data, futures, pmi in europe, and a little bit of tech. is not theings, it glitz and glamour of the likes of apple or samsung. -- more thanompany 4 million people in the world touch something that has an holding chip in it every single day. arm holdings gave us numbers --ay, slowing in terms of the licenses are picking up. that bodes well for the future. many analysts say they are a bit more positive for the second half of the year. >> speaking of key concerns in tact, we have numbers from facebook and apple. >> the glitz and the glamour. it is remarkable. we could have a second quarter for apple delivering just under 20 million ipads. flat revenue could be the first time they have delivered flat .evenue in over a decade for facebook, what is next? talk about possibly going into banking. we will have a chat about that. >> in terms of what else we are watching -- we have a couple of data coming out. we have the minutes from the bank of england. i am in a zone of my own. it is unlikely to be that he did. david einhorn has a few dollars unde

2000 was intact. -- in cap. -- tech. china might be reducing the reserve requirement. we will take a little bit of gas out of these markets. if you've are going to be out of action for four days, how much risk would you want to leave on the proverbial table? shift inof an historic .lobal geopolitical relations how much risk would you want to leave on the table if you are an active trader? the fed willsays stay fully engaged in lower rates potentially up to two years. inflation and jobs are nowhere near where i want them to be for the federal reserve targets. i call that the yellen express. bill mcdermott called this year not dissimilar to that of the year 2000. the s&p down three percent. rebalancing or cannibalizing? cannibalizing the current business, software systems. that is the big debate in germany. , couple of other companies diageo down three percent. asia-pacific sales down 19%. china spent $71 billion on booze. sap down 3.6%. cognac.ese ain't buying when you stop buying premium liquor, will you ever go back? >> that is the trillion dollar question. joining us now is the glo

separatists in the eastern part of the country. >>> and china's growing military presence in asia is creating concern among its neighbors. we speak to an expert about what's behind the expansion. >>> families of the nearly 300 people missing in a ferry sinking off south korea are growing more anxious and more frustrated as time ticks on. the vessel capsized and sank more than a day ago leaving at least nine people dead. rescue divers have been hampered by rough weather and rapid tide in the search area. they have found no survivors since this morning. 179 people were rescued on wednesday. the sewol sank after it began listing heavily and taking on water. it was on its way to jeju island from incheon. 475 people were onboard including 300 high school students on a field trip. the captain told local media he apologized to passengers and their families. he said he was deeply ashamed and could not find any words. but he did not explain what happened to the ship. the operator of the ferry also apologized. >> translator: we deeply apologize to the families. we are very sorry. our company promises t

in the united states? >> well, there's some skill we can use in china, but after all you have to understand this is to different cultures into different countries. you cannot copy 100% to just move to their and hey, this is model you use. you have to make some adjustments. i have to say that the management over there in china is a lot more different than here, it and, but at the very bottom the level from the people, basketball is still the same. the structure would be a little bit different. >> david was suggesting it does drop people and they did you enormous, if not power, and enormous opportunity to make contributions into society. i'm curious to hear how you think about and pick the topics that you choose to focus on, things like education or wildlife preservation or other causes. give us a little sense of your own priorities, how you came up with them, what got you interested in them. >> education, like david stern just mentioned, we launched a game with steve nash, cornell anthony and baron davis. we played against team china in 2007 and we raised the first, we raised the

especially after a bistro bombers comments in tokyo about japan's territorial dispute with china now here in terms of the dispute between south korea and japan over the tilt a while it's known as dr she not in japan the us is always countered that it wants this to be a bilateral issue that the soul in tokyo should i handle this issue out of by themselves because the us has an incentive for seoul and tokyo to be on the same page when it comes to more regional global matters especially the dprk and there's also the issue of not having the military intelligence sharing pact that in the works but hasn't seen any progress because of the diplomatic tensions between seoul and tokyo. a lot has farm ministry said china firmly oppose the inclusion of the galley atoms into the us japan security treaty. ministry's commons came in response to a statement from us but then drop a bomb on it that the u s national security treaty with japan applied to the islands that are at the center of the territory disputes between china and japan. the chinese foreign ministry stressed that the us japan alliance should n

etf's. and the legislative speaker in taiwan says they will review a sete pact with china and off a week of demonstrations. students have occupied the legislature for 20 days. sit-in reflects skepticism over greater economic ties with china. africa has a new number one. nigeria has overtaken south africa as the largest economy on the continent. the change came after nigeria overhauled its gdp calculations, adding previously uncounted industries. the economy is now estimated to be worth nearly $500 billion. the search for the missing malaysian airliner is now focusing on a stretch of ocean th,thwest of earth -- of per where three separate audio signals have been detected. let's go to paul allen in sydney. talking about these acoustic events, what do we know about this? be determined,o as so many things are with this enduring mystery. these three separate events, the chinese ship picked up a kilohertz,f 37.5 exactly the same frequency the black box sends out. on saturday, they detected it for 90 seconds before the signal was disturbed at other ships. -- by other ships. of man-made noi

? probably know why big screens are so popular, they are hugely popular in china. and now imax has just cut a deal that will expand its presence in china. in a first on fox business interview, we get the lowdown on imax's big china push eventually an imax china a ipo? yeah? ceo rich gelfond be joining me live first on fox business about how its bassically sold -- basically sold 20% of its stake to chinese operators so that way they can maybe eventually launch this china ipo. other names that launch in hong kong, you know, you've got cisco, coach, but for imax, this would be a big deal. stay tuned for that. we did have big news coming out of chicago. we learned that the cme-to settle grain contracts today using open outcry, that's humans. this happened after a technical glitch affected some ad contracts -- ag contracts. traders at the cme, the new york stock exchange and the nymex. we've also got jo ling kent at the nasdaq, nicole at the nyse. what happened here? we know also that we have ethanol contracts which have been halted too down at the cme. >> yeah. so we did see some techn

moment and urges leaders of both sides to compromise. >>> and some residents in china are demanding a more environmentally friendly way to dispose of growing piles of garbage. aftershocks are rattling residents of northern chile. they're still trying to recover from a magnitude 8.2 earthquake on tuesday. now, more tremors, and the fear of tsunami, have forced some people to head for higher ground. nhk world's noboru knackshima reports. >> reporter: outside in the middle of the night, warning of another big temblor. people rushed outside and climbed to safety on higher ground. residents remain anxious, wondering when the aftershocks will stop. this is part of iquique. we can see many boats are turned over by the tsunami. and divers are trying to retrieve the people's belongings. tsunami waves reaching two meter in height engulfed the port. about 75 fishing boats were damaged. the quake and tsunami claimed six lives and caused damage to more than 2,000 homes. however, the number of victims was much lower than the last big earthquake. >> tsunami. tsunami! >> reporter: in 2010, a massive