china. >> china's high-tech edge. >> we're just sort of hovering here. >> and the real reason it's investing billions in other countries. >> i think for our geopolitical motivations, there are economic motivations, there may be military motivations. hmm. exactly. liberty mutual customizes your car insurance, so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ if ywhen you brush or floss, you don't have to choose between healthy gums and strong teeth. complete protection from parodontax has 8 designed benefits for healthy gums and strong teeth. complete protection from parodontax. i get to select my room from the floor plan... when i book at hilton.com free wi-fi... ...and the price match guarantee. so with hilton there is no catch. yeah the only catch is i'm never leaving. no i'm serious, i live here now. book at hilton.com and get the hilton price ma

so call the china we call the mainland ok we are taiwan our mainland we together is a china is a one china war if you think the threats from china is so serious as one why do you european people all the people around the world are all the members up in the e.u. and try to work with china try to have dialogue with china try to solve problems it's true that you know that as well as i do it's a human rights record is their work and its trade and we can do that too apart from trade what exactly it is democratic time i was having common these days with one party communist china you have free elections yes you will change your party in power they don't you have independent courts they know you have a free press they don't you can speak out against abuses of power and they can't what on earth have you got in common with mainland china and. i think we should emphasize differences. go there work with them be their friends be their brothers and change that instead of being their enemies go there walk with them you can change them like what do you were doing with them now we're going to do a co

china is too big for people to ignore. they will always side with china, not tibet. yes, some countries do. we have seen even in europe, right, 28 members of the european union is divided. you have 16 plus one. 16 european countries, plus one is china. italy has joined the group. it is 17 plus one. whenever there is a resolution passed on human rights in china in the human rights council, most of the 16 members of europe will not vote... you are just restating what i said. what can you do about it? we know that china is obviously a permanent member of the un security council. in the last 65 years at the united nations, we have seen 460 or more resolutions passed to do with the israeli—palestinian conflict. 0n tibetjust one because, of course, china vetoes anything. they are very powerful. so what can you do? appeal to all the democratic countries. say, you say you are committed for human rights, you say you support of nonviolence, then you should support tibet issues. these moral principles that you claim you adhere to, should be implemented and should be shown, de

china trade war. one, what do you deem as the chances of a deal and two, what compromises must the two sides make for there to be a deal? jin: i think the chinese didn't talk about the trade war dispute. now since i'm in the international institution, i'm no longer the part of the chinese government, i look at this development. think, with- i also both eyes, you can see after the meeting between president xi and president trump, both sides need to sit down to talk, because only by working out the differences, try to understand each other better, and try to look at the issues from the perspective of the other side, probably it could be better for them to understand about the real issues, where you should believe,e, and people at least, there are a lot of chinese believe, cooperation and coordination would bring the situation to both countries. so i remain optimistic. i know there will be differences between two countries. historical,fferent social background. but over the last four decades, i will say

versus china, i say, look, i'm not here to bash china. i'm not here to even ask you to make a choice. i'm here to talk about what's important to you and what's important to us and i think i know where you come from where you honor and respect democracy, rule of law, human rights and sovereignty. i look at those four representative variables and i look at the competition that you might to do business with. these other external state actors and i know where we stand. we're not the perfect people, but we work really hard at being good in this country, particularly in our military. we make mistakes, but they're usually mistakes of, you know, honest mistakes. i know where i stand on those four variables and where the competition stands on those four variable. when you buy into a product, are you prepared to buy in what might come with what kind of rule of law, what kind of respect for human rights? i don't see currently an indication that people are buying into that in a way that's corrupting them or causing them to stray from their commitment

look littering metropolis brimming with confidence is the face of the new china an ambitious china with eyes clearly focused on the west. and the way there is the new silk road we retraced 2 routes overland and city from the chinese city of shenzhen to the german city of do sport. what lies behind china's grand ambitions what transformations will base root bring and how will these changes be felt in germany and western europe. i boarded a train from shenzhen headed west through the night in my restless sleep the sound of the wheels on the tracks conjures up the plot of the camel caravans that once traversed this route. the train is scheduled to arrive in didn't one at 6 30 in the morning. but it pulls into the station half an hour early. china has taken many by surprise in its hurry to reach the west. as day breaks in doing the sand dunes slowly emerge on the horizon as though they are born anew every morning. a lizard searches for warmth. the daily throngs of chinese tourists are about to arrive. there are camels here too an echo of the ancient trade route. they greet the crowd with pa

china. they do not want to lose extradition system where they can be picked up and drag to china, not to mention the 85,000 americans in hong kong. trademe problem with the talks is been the chinese refusal to sign the enforcement mechanism. they say we will abide by the intellectual property rules. please do not have an enforcement mechanism. you see this as a connection between the two. it is a matter of trust. can the chinese government be relied on. it looks like 500,000 to one million people in hong kong are saying no. david: there were a lot of promises made in 1997 when hong kong reverted back to china. at the same time, the situation has changed. hong kong was much larger compared to china that it is today. china has grown a lot. michael: there's a triangle going on. the british got the promise, than the chinese government itself had to take various measures to implement the agreement, which they are generally done, which not completely. finally, there is the american side, where our

it's going to be like a little china town it just definitely is china. ya ya grew up in quite dark after studying in karachi he returned home for him the arrival of the china. spells an opportunity is it is it a clue that the state of the morning but that is what it speaks definitely you're walking in a new quad to your morning toward our future and there's a future god you're part of it. definitely on there you know following a member of this. this optimistic outlook can't be taken for granted in guatemala but for other people here peace and prosperity seem but a dream they fear they've been forgotten and will keep falling further behind. and they feel deep resentment of those who are proclaiming the arrival of a new golden future. in the world live but the chinese only care about their own interests they want to make a lot of money here they don't care about what happens to the poor to us maybe one day i know why yeah money arsenical good. they're taking everything. road our doesn't belong to us anymore they've taken the ocean from us the land there's

a welcome to do business asia want to jones berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a spectacular start today share prices soaring one company angy microelectronics technology jumped by more than 400 percent the so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors and missed it on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high levels of speculative activity and a lack of governance. lots to talk about and i'm happy to have a reporter cliff it couldn't here with me in the studio who knows china and who is take a closer look at this new take a market and mazing launch to the stock market what explains such success on day one well it's only 2015 that we there were billions lost and investors really took a pasting back in china so what we're seeing now is a very significant event in that way and it's only it's basically grossest i

and china is going to improve. not anytime soon i think you have 2 very assertive nationalistic leaders even if president trump leaves in 2020 used to have a lot of democrats who are have a very dim view of china and of course in the case of president xi he may be able to stay on for many many years further we know his his policies are not likely to change anytime soon. and then one thing i'm also wondering then is if the policies aren't going to change what is the impact going to be on asia i think in asia difficult a lot of countries in a very difficult position china wants them to choose between the united states and china and so you see them call the middle i think roderigo to terror today in the philippines is a great example this is a country that has a military a defense treaty with the united states a close military relationship in the past most recently we see mr president to terra taste saying the chinese can come in and fish in their exclusive economic zone basically giving up saying i'm afraid of war wi

fishing, including from china, not only from china but from other neighbours. we always try to be strict. illegalfishing is a big no, so we have to deal with this illegal fishing and we do it bilaterally with china. but looking at the region as a whole, i put to you that the former foreign minister, marty natalegawa, urges indonesia to step up its leadership in asean and in navigating this difficult course with china. is indonesia doing enough? in its role as a leader in asean? we are doing enough, trying to maintain the peace and stability in the south china sea by trying to build or trying to facilitate more constructive discussion between our colleagues in asean and china. for example, although you mentioned that the philippines may have had some tension, but i notice lately that there are now more and more chinese investment in the philippines. economically they are doing 0k, even now with vietnam in the trade war, china is also working with vietnam. so i think using the economic approach will somehow neutralise the possibility of conflict in the south chin

your within china so. there is obviously some hypocrisy there but it also goes back to the way you frame the language because when we talk about what happened in france we talk about the rioters when we talk about hong kong they're protesters but obviously the 2nd they broke in and the storm parliament. you know the protester what about the flag thing that's what i don't get ok i mean they it is universally internationally recognized as a one country we have these 2 systems one country is this a call to return to colonial rule well i guess that made it more inappropriate for the british to respond because by hosting the british colonial flag obviously that's a challenge to the return of britain's colonial possession and returning it back to china so for the british for he didn't have democracy they were a colony no ok i think. let me go back to markets here i mean this is what you know i find what will during here i mean they there are these protesters some of them very violent are are calling for a modicu

authorities give china. mode, thateasing will allow the chinese monetary authorities to go into easing mode as well. they have been cautious about cutting rates because they have wanted to keep the currency relatively stable, both because they know donald trump cares a lot about the strength of the dollar and because they are always a little bit worried about the prospect of capital flight out of the country. they want to keep currencies relatively strong and stable. if you have interest rate cuts in the u.s., you get the chinese authorities model as well. there is more room for cuts in the second half of the year for china. manus: translate that, my guest yesterday suggested he would prefer to be longer chinese high-yield. very much predicated around his view that the propensity for china to stimulate is higher. they have more capacity in terms of rate cuts and stimulus. with that ring true for you and societe generale? i would prefer to belong european high-yield because i think there is relatively low lev

china's choice in dollar belt and road initiative is moving full steam ahead in both china and its partners are benefiting it's only been a few years since the modern day silk road project was announced and already trading investments are up with some looking to get even deeper into the game alex may have joins us from toronto with more alex let's start with china where hearing remote areas of the country are experiencing a boom as part of the b r i what can you tell us. what china's northwest province of gansu is reporting that belton road project is just it's booming there a day that's a given their economy a major boost when you say remote and try to the province of 26000000 people have easily someplace else that's a lot but it truly is remote it's closer up to the moment goalie and border but here let's take a look at this map this will give you a better idea of this whole built in road idea and what it looks like so in this situation belt and road means belt it means roads and actually roads means shipping routes the project currently spends over 71 countries and there are in 3 contine

new approach now by china the government in china is boosting its specially artificial intelligence what exactly are they doing and could that be a model for european companies it could be a model in some ways they there's a lot of state support that's one thing that is more problematic in europe than previously and a lot of it is used for security which may not be an ideal model for many european governments as well but at the same time there's a sort of a flexibility and there's an energy about the innovation sector in china and the way the tracks venture capital and the way money is invested that is definitely something that we could probably learn here in europe there are also challenges though that china is facing. i would rather well there's we've seen the the trade war is probably the chief form some of its national champions in terms of technological advance like qual way are under a lot of pressure and are from the us there's a lot of pressure on intellectual property and about where china is getting its ideas from i think china likes to absorb ideas that there is copying going

to meet china partway. instead it is one-sided, china needs to move, china needs to toorm, and an unwillingness recognize that the trump administration's protectionist measures, punishment of allies and security partners is not creating much of an appetite for countries to work with the u.s. or support the u.s. in the approach it is taking towards china, so u.s. political candidates in the u.s. more generally may find themselves increasingly isolated on the question of its approach to china. shery: what is the risk of multilateral organizations being paralyzed as it is blocking nominees to the wto panel? how does this increase risks as you are seeing different bilateral tensions on trade? >> it is a huge risk and we cannot underestimate the critical importance of organizations like the wto and dispute settlement that can-isms to uphold the economic order we have benefited from for the last 70 years. it requires countries to abide by those rules and participate by those rules. we need countries around the wo

i don't want them to build them in china. when i heard he will build in china. you can build into china but when you send your product into the united states we'll tariff you. we'll work it out. a man i have like and have a lot of respect for is tim cook. we'll work it out. i think they will announce they will build a plant in texas. if they do that i start to get very happy, okay? reporter: mr. president you get agreements with honduras an el salvador? do you plan on doing that? >> i do. i do indeed. reporter: will you get them sir? >> pretty soon. we're going to get quick agreements. i want to end up by saying that guatemala has been really a pleasure to deal with. and we're going to have a great relationship for many years to come. extend my warmest regards to the people of guatemala. thank you very much. thank you. reporter: [inaudible] awed. >> what? reporter: are you planning working vacation? >> bedminster is not a vacation. when i go to manhattan i stay at trump tower. i have to close up the whole city of manhattan. i go to bedminster. it's a beautiful p

more infrastructure spending it wants to boost flagging growth rates and create jobs it's about time china has not leap frogged india is the world's fastest growing major economy with unemployment in asia biggest economy at its highest since the 1970 s. . india's finance minister laid out her plans to double the size of the economy a campaign promise of prime minister number and remoting peterson ready within our capacity to reach the prize clearly a new restaurant in the next. we need to invest savingly in infrastructure in digital economy and on job creation in small and medium forms india has been striving to modernize its economy but with unemployment at levels not seen since the early 1970 s. more needs to be done. the government's plan calls for new foreign direct investment in sectors like aviation media and insurance a cash injection for banks aims to end a credit crunch and there'll be tax relief for startups moves analysts say could boost the broader economy. if the macro numbers improve and things become more conducive to the money will flow to the broader market as well it's an

and china in artificial intelligence yeah. but i'm wary about reporting yes it's germany's minister for economic affairs is getting a free ride in san francisco peter out my is visiting zeus start up that develop software for thomas driving a few clicks on the soup step and moments later the minister is off for a test drive in one of the start up self driving prototypes but for now he's taken the backseat to employees keep a watchful eye safety 1st of course just 20 short minutes later my hour reemergence and is impressed. that was the 1st time in my life that i was driving fully autonomous li through a city but it was really impressive what technology is capable of artificial intelligence and modern sensor technology which a lot of was actually researched and developed in germany i firmly believe that this technology will make tremendous progress in the near future and that's why it is important that germany states positioned in the front of these developments minister of my is visiting soups and handful of other companies in

and china' and's, china has the biggest economy in the world. this divorce is going to get ugly compared to the divorce with the u.s. and the soviet union. there was no trade between the u.s. and the soviet union. rishaad: is that why these -- we saw in the beginning of may that chinagotiations between and the u.s. fell off. cryptocurrencies rallied and have rallied ever since. that is why you are here, we are here to talk about blockchain as well. >> gold went up 10% and down again. currency, you have to have no goods or services pricing. the price of bitcoin has fallen by how much? 30%. it is not a means of payment. not even the blockchain continents take it. with a visa system, you can do 25,000 transactions per second. billions of people are doing digital money. it is been low and paypal in the united states. they had nothing to do with blockchain or trade talks. this is the future of digital money. it is a failure. nobody is using it for any transactions. for atrading one coin nother coin. this is pumping and dumping, from running. it is a

china's national increase was just 8%. the xinjiang government is attempting to gain full control over the young generation, to literally raise a new generation that has been cut off from original roots, from religious beliefs, from cultural knowledge, and even from their own language. i believe the evidence really points to what we must call a cultural genocide. kalida akytkankyzy now lives in kazakhstan. last year, herfamily members back in xinjiang were all taken to the camps, leaving her 14 grandchildren parentless. so she phoned their village official. kalida can't look for her family. anyone returning to xinjiang is likely to end up in the camps. so we look for her. the family home is locked and deserted. we call the village official. but he hangs up on us too. other families we've spoken to also give us permission to search for their missing relatives. but we find no one. only the signs of a giant vanishing. back on our official tour, job training, we are told, is crucial for people's transformation. how long does i

much thought that the extradition bill was so enable the hong kong government to send people back to china for trial for criticizing beijing now they couldn't be more wrong i mean if you'd actually extradition to the states this extradition bill yeah i guess is that about extraditing people who committed a crime across the border or outside the border of on call comes to hong kong and we need to have a legal framework to see how we would deal with i want to get a sense that that is only there want to get into that deal has got nothing to do with any of the freedoms or core values of the people in hong kong why it's so why if that is so why should the chief they say either resign because she hasn't any intention deficiences in the work of the government and you tell me which government leaders in the world have not made mistakes this isn't these are huge missile insanity is a huge mistake look you know i know we had we not as i say i'm not there's not a champion of the liberal party saying that you should resign as well clearly that it's got nothing to do with the call that it was our freed

paul: china's gdp not the only big number out today. china numbers, monthly activity indicators, they are going to show how much of the second round, $200 billion round on tariffs on chinese goods is affecting. i made a list to show you what is going on. financial production, expected to rebound. retail sales, consumer may be studying that. fallingyour data going, to a percent in june but not as much. fixed asset investment, seeing study at 5%. people are saying all the stimulus the chinese government did, is it going to help these numbers? in the trade deficit later out today, it is a -- is it going to weaken? we have australia, unemployment, central banks, the bank of korea and bank indonesia, expected to rate -- meet and hold rates steady. eight fed speakers this week including jay powell, retail sales, industrial production of all things. governor kuroda is going to be speaking on a panel on central bank independence at columbia university on friday along with eric. we have a busy week all over the world. i will take it from here. g

we spoke to an expert on china richard mcgregor and i asked him how likely it is that china will back down i think they're settling in now for a long trade war they're not nearly as exposed to the u.s. as the market as they once were they're not nearly as reliant on export exports as they once were about i think china is hurting it's chinese private companies which the export isn't hurting most china sort of premier technology companies are way is also under a lot of pressure but i don't think china thinks it will get much even way away to the u.s. so they're really settling in for a long term battle. finally investors looking to get a hoof into the rising global demand for beef and get a piece of the action thanks to a south african i am told my phone bill you have allows businesses to buy shares in a cow starting at $576.00 randall $36.00 and pays out between 5 and 14 percent interest once the animal is so the slaughter project was started 4 years ago and now includes a good 2000 animal. i said business with. my 1st boss was the sawing machine. where i come from women are almost by

to be part of china, this message that hong kong is an integral part of china. at the same time, they have been putting out footage showing protests that are happening to support the police. what they have been doing in recent weeks is talking about hooliganism, acts of vandalism in the country, they have not been showing in peaceful protests whatsoever, those pictures have been censored. today when protesters were smashing the windows of the legislative council, it was in beijing's favour because they could hand—pick these images in this video and they could use it further down the line. but now, because they manage to get into the building, the government will be nervous about this. the idea that you could break into government building is horrifying to the patient government. i have noticed in the last hour that all these words that we re last hour that all these words that were censored weeks ago i suddenly censored again. words like hong kong, march, and the legislative council, hong kong cosmic government. they were relaxed because bashan could say, it i

. >> one china bull says it could be a good time to buy china. >> dow jumping more than 115 points nasdaq and tech up 1%. we've seen this story before the s&p 500 keeping its head above the highs and preparing to launch is the next leg of the rally all about the fed? >> i think it has been all about the fed. tariffs were maybe 20% of the story. i think for me it's about the fed. the fed is in the back pocket of the market the tariff story can only get better from here yes it's about the fed higher markets from here going forward. >> why can the tariff story only get better from here >> we factored in the negativity on the tariff headlines. we've already seen those at worst, right or you don't agree. i do >> tell you what i think you're right in terms of headlines, mark. it's digested months and months and years of headlines what we don't have is ceos and the real impact. when you throw the trade war into a war, leading indicators have been moving lower in the last 18 months you can make an argument this trade war has done things to ceos and businesses and earnings that we still haven't se

and so i don't believe china can... we can do a deal with china. so i've not talked to the president about... so you are talking of a long—term hostile, maybe even bellicose, relationship between washington and beijing. i don't see them changing. i mean, they've been stealing intellectual property for decades, why are they going to change? you know, they don't open up their market to our products... are the us consumers ready for all of the knock—on effects of continued expansion of tariffs with all the extra costs they're going to face? i believe that if there's any tariffs, whatever the number is, they've talked about some of the numbers, we ought to reduce the cost and give that back to our consumers. and i do believe there will be some short—term problems, but we can't continue this path where china steals all of our intellectual property. we can't do that. first of all, it's not in compliance with the wto. it's wrong. it's not true... it's not good for the uk, it's not good for any country. in just a few days, you won't be talking necess

david: let's turn to china. we hear statement out of the white house saying we talked about a lot of things in shanghai and they would get together in early september. my question is how badly does president trump want to deal with china or is it a good issue for him come 2020? marc: we want to get the right deal. that is what is most important. we think for decades china has been cheating on some of the trade deals they have had. they continue to steal intellectual property. they continue to force the transfer of ownership. they continue to provide subsidies in markets competing with american companies. it is important for estimate sure whatever trade deal is has the enforcement mechanism to hold china accountable. there is a lot of people that believe if we begin trading with china, it will lead to other freedoms within their country. so far we have not seen this. they continue to abuse human rights and become a greater and greater national security threat. it is more important for us, not looking at what is m

in china, for china. we have a great team driving that. the results were phenomenal. >> you are saying a different approach when it comes to nerve -- come to your. you are teaming with nestle. nestle came out with their earnings. tell us where that stands right now. how fast is it growing? >> the global coffee alliance with nestle is a very important part of our strategy. the starbucks brand in our stores. we have 30,000 stores in 80 markets around the world, and we create the starbucks brand in those stores, and with nestle we are now bringing roasted ground coffee and holding coffee to the dulce gusto markets around the world. on track to get to 16 new markets by the end of this next quarter. on thestarbucks coffee platforms, that provides a new market of opportunity for starbucks. witht spent several days the team in june. of the partnership is strong. we have plans for the future. i'm very optimistic about where we are going. is a lot ofthere concern about some slowdown in all of those locations. are

tone from the previous talks china is now confident and ready for a longer fight on the surface china will keep sending good wills to break the deadlock of the trade talks but deep in there my understand that china must rely on its almost a demand potential including vast countryside to manage the new risks and new challenges now if you say turning a crisis into opportunity how is beijing hoping to achieve that. interestingly minutes after the meeting of the politburo was published took it to twitter he said that china was supposed to start buying our agricultural products now knows they're doing so it's clear that farm products especially soybean is donald trump's weak point so even though the chinese media said china has bought 2000000 tonnes of soybean from the us but actually in fact those were all purchases and the number is far less so china can use it as a very a card that they have because it's a big problem for if you cannot have the american farmer support to win the 2020 and to buy or not to buy that. ok but of course at the same time this conflict is also weighing on chine

but, we're told, china now believes it can determine their in advance. —— but, we're told, china now believes it can determine their guilt in advance. it's a policy of treating people as pre—criminals. backed up in gruesome detail by an exhibition that we're taken to. it's designed to prove that china is responding rationally to years of sporadic separatist violence. we are also taken to the id kah mosque in the city of kashgar, one of xinjiang's holiest sites. faith is alive and well, we are told, with a government approved imam insisting that there is no ban on long beards. once again, the satellite pictures tell a different story. right across the region, mosques are being destroyed. over the past two years, in cities, towns and villages, dozens of religious sites once clearly visible on the satellite images have been turned into patches of bare earth. i asked if we can get to the mosque and he says the road is closed. we think it's onlyjust been closed moments before our arrival. we've seen a number of other people on motorbikes, scooters, some cars as well, stopping and asking

china trade talks. the boj expected to downgrade some projections as well as lower inflation forecasts. pmi datapanese flash and earning seasons taking off in earnest with names reporting in south korea. of updates from aussie companies. 64.4.lia's flash pmi, >> think you very much. let's check in the first word news. on the first word news. >> the u.s. justice department looking at whether companies are harming competition. they will express -- address concerns people have expressed about social media and online retailers. it is the latest sign of official scrutiny by washington. facebook and google parent alphabet fell. warningbusiness is incoming prime minister boris johnson he must avoid leaving the european union without a deal. he will enter 10 downing street reiterating his pledge to leave by the end of october,, whether october, whether or not a deal is in place. >> today at this pivotable in our history, we have to reconcile two sets of instincts. between the desire for friendship and free trad

china and u.s. managed to avoid an escalation of their multibillion dollar tariff war over the weekend the 2 world powers brokered a temporary cease fire trump promise to hold off a threat to slap a new 25 percent tariff on $300000000000.00 in chinese imports and to list some restrictions on fall way and china agreed to buy american food and agricultural products while there has been no major breakthroughs and resolving the fundamental points of conflict this truce gets negotiators another chance to forge a more permanent accord markets and both china and the u.s. are rallying on the news but chinese official media outlets have sought to tone down expectations as a promise was met with silence from china there's still a lot of distrust by both sides and china warns that the u.s. has a track record of flipping and flopping and election campaign tricks are just a few factors that could alter the u.s. stance. for more with this and what came out of this meeting r.t. correspondent sara lunde has a oka j

china isn't willing to bow to u.s. demands for political and industrial reform talks appeared to stalls despite its the declaration of a truce when the 2 presidents met last month when hey takes a look at china's economic rise and what's at stake for the world's largest country . the thousands of years people in china have been gathering around tables trying to outsmart each other in the game of mahjong it's increasingly caught on around other parts of the world to a source of pride for experts in the game teach foreigners visiting the chinese capital beijing this game bring people together you know during this game isn't as to winning but if a player does want to win they need to strategize something china's communist party has done very well to survive and succeed in the late 1970 s. the party changed its strategy of isolation to modernization by opening up to the outside world. by embracing capitalist ideals of business and trade china became the factory of the world with the 2nd largest economy behind its current t

>> the talks are moving very well with china. china always breaks the new deal at the end or seems to boot -- seems to. they devalue their currency and they are pumping money into the system to be able to pay for it. a lot of companies are moving out of china. the united states dates -- is doing phenomenally well. we are giving some money to our farmers who have been really targeted by china. the farmers like me and i love the farmers. i will say the farmers are there grateful. the most they ever spent on agriculture products was $16 .illion i took just a small part of the money that china is paying us and i gave it to the farmers and the farmers are very happy. [captioning performed by the national captioning institute, [inaudible] >> the fed moves in my opinion far too early and far too severely. i have made the economy so strong that nothing is going to stop us. i want to see the quantitative tightening stop. i also think that had they not done it, as good as a record in the stock market, we have the all-time high at the histo

a dream stocks for china's new stock market some 25 companies began trading on the new. new nasa textile tech board in shanghai with one logging a 400 percent advance what china expert clifford coonan tells us more about that. also coming up with germany's economy minister says brussels could scrap duties on key u.s. industrial exports to avoid a war of tariffs between the e.u. and us. a welcome to do business asia want to jones berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tackler stock today share prices soaring one company angy microelectronics technology jumped by more than 400 percent a so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors and listed on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high levels of speculative activity and a lack of governance lots to talk about and i'm happy to have a reporter

if china agrees to purchase u.s. lng a large volumes or invest hundreds of billions of dollars in u.s. natural gas projects in exchange for the u.s. agreements to back down on court trade complaints or any other critical u.s. national interest, a deal of this nature could undermine u.s. economic security for decades to come. thank you again, and i look forward to your questions. >> thank you doctor hart. mr. riedl. >> good morning chairman murkowski , thank you for allowing me the opportunity to testify this morning. i'm the executive director at the center for liquefied natural gas. this represents the value chain providing with unique and site that lng provides to the local economy. operating with the natural gas supply association represented for more than 50 years. this gives us the steep understanding of the entire u.s. natural gas supply portfolio. i appreciate the opportunity to address the committee about the evolving global natural gas market and the many economic benefits. america's abundance of natural gas

you estimating that china -- the u.s. demanding that the china remove state subsidies and address ip theft with codified laws. these are really heart issues for them to tackle and it seems like today's meeting will be another drop in the bucket. shery: tom, in the meantime, there is one company caught in the middle of this, huawei. you were able to talk to their chairman. what did he say? here -- we are here at the headquarters in shenzhen of huawei. we talked to them about their first half earnings. that is why they invited us to speak to their chairman. the earnings are pretty solid given the pressure they are under. the ban in the u.s., the blacklist, and the pressure campaign from the u.s. to get other countries to ban huawei. revenue growth in the first half, $58 billion. you lift the hood up and have a little luck, you see the things that are being difficult for the company, particularly after the blacklist. the first quarter, revenues around 39% growth. the 14% after the blacklist is put in place. some top lines fr

economy in terms of the way that china has been looking long term. about their economy they've been always talked about moving away from the manufacturing process and heading towards a more civil service sector scenario very much very similar to that is sort of western europe. at the end of the day if they if they want to try and get chinese to buy more products and keep the retail engine going in china some of these got to make those products yes they absolutely so but let's let's remember that the service sector currently accounts for 50 percent of china's economy now they would like to get that to about 7080 percent similar to western nations there's different ways of doing that one certain sector of that is the retail sector and retail sector held up really well in these particular numbers of which came out today. you want your own public to be able to consume more but in china it's been held back because of social security the so security net is privately funded by individuals and corporations not by the government so if you lose your job you ha

is the same of that i just say it's not just it's a china not just with china why do single china i'm told i'm not this is the whole point of the else that's half the time but i've been talking glazes they go canceling hong kong hong kong people will apply the same standard no matter who is coming to make the requests be it united case united states united kingdom syria russia china we apply the same standard because this is what the model requires us to do and we would do it period once you understand the purpose of extradition you would have understood what i was saying but obviously you don't you don't you want what your guest mr instead of throwing insults at me what's what's your guess about where this is headed with the hardliners in beijing try to teach hong kong a lesson you know or will they show that they're willing to learn from what's been ducking for the facts say but it does not come from mainland i think the chief executive is explain very clearly that it was her own initiative based on the fact that she was asked by the family of the girl who unfortunately was murdered

china trade. china is subject to terrorist by the united states for its predatory trade and the president calls out china for technology theft. we are in a good situation right now with president trump concerning china. lou: we have the leader for our times and that is a very happy thing for a country that is absolutely threatened by both russia and the chinese. it's going to be tough going with those two countries as a result. fred thanks for being with us and gordon thank you. we'd like to hear your thoughts on all this. sure comments follow me on twitter @lou dobbs like and facebook and follow me on instagram @lou dobbs tonight for.net era when four american values, the american way of life as the nations motto has earned a permanent place in one state's public schools. you will be fascinated by this story. in god we trust. how about that? a matter of law or it also the party of hate in their impeachment fantasies we have that and much more right after the break. stay with lou: on south dakota

, even in your trade deal with china, a lot of people said that, look, we don't want to rattle china while we're negotiating, with china on the trade deal. no, you are so wrong because the moral authority america has is a great force, a great leverage against china in this -- in this nation because that's one thing that china doesn't have, it is the one thing they are most vulnerable to. why can't you use it? if china sits down to negotiate, that means they need the deal. if they don't sit down to negotiate, nothing matters. maria: so you say, look, don't do a deal because you want economic prosperity with china, and you just throw away their human rights abuses and don't look at it. i spoke with secretary pompeo recently, and the secretary of state told me what they are doing in terms of rounding up certain groups and putting them in jail, basically. listen to this. >> there's also enormous -- it's not economic in a pure sense, but humanitarian concerns as well. we've seen as they continue to collect information and use it in ways they are anithetical of what you and i believe human

share was equivalent to 18 percent of china's total g.d.p. share in 1970 but by 2018 this number fell to 2.6 percent of china's g.d.p. so are many analysts believe that the city has experienced this slow motion seach from beijing that is china trying to make large investments in other business hops for example like the city of send to nurture hong kong input for the country's political economy we recently reported that investors are gradually withdrawing money from homegrown juju fear of beijing's influence what what is the situation there now. well it's happening quietly and slowly no major company dares to speak out for fear of angering the chinese government but there is this wave of concerns freddy into the community many international investors they really warry because they used to think that hong kong is a safe base for them to do business in china but if the hong kong government they cannot promise to actually drop that extradition deal then a lot of companies they might leave hong kong for other destinations what about the tourism in

criminals who are wanted in mainland china criminal suspects who wanted in maine in mainland china to be extradited from hong kong to the mainland and of course the fear in hong kong. wrong was that this would be used to target political opponents but it wasn't clear where this originated from whether it came entirely from kerry lamb. who is the. chief executive in hong kong who is who is seen as pro beijing or whether it was it was an instruction that he got from the beijing government. certainly beijing has been in support of this law for as long as it has been discussed in hong kong carry lands message was that she wanted to prevent hong kong from becoming some sort of sanctuary for fugitives running from the law and this is very much been china's viewpoint as well but of course what's been so hard to in terms of convincing the hong kong people that that simply is it is that china has already sort of use other means unlawful means even to step into hong kong and really quiet or silence or remove the voices of people who are who are campaigning for democracy who are campaigning agai

china's own rowing raising some of the exidy s. and destabilizing fact is but china sees the united states as a country that it confronts in the region and the real security challenge but seem to see explicitly india's high profile strategic and policy document is certainly in poland and speaks volume 2 things are the white papers focus some political ot of the armed forces above all else as well as the internal focus of china's military so in terms of maintaining domestic stability but also the political power of the communist party how do you think the overall region of asia the asia pacific is going to react to this white paper. i think very much so in terms of strategy there's nothing really new in these papers a lot of the details of the strategy what china is doing. a regionally as well as in terms of its military modernization is known at least 2 d. at the experts in the policy makers but what i think is near is the new assertive confident tone and the political rhetoric that accompanies it at any thank you very much. the wh

well so this is just another example of how our china pop propaganda can look like today. thank you very much. following up on a story we covered earlier this month that some are calling indonesia's need to movement the country's parliament has approved amnesty for a woman who was jailed for recording her boss's sexual harassment by eek was charged with a crime after the recording was shared she served 6 months in prison but her case triggered national outrage prompting calls for amnesty here's what macoun had to say to other victims of sexual abuse the toughest but don't give the perpetrators i mean opportunities women need to be brave if the same thing ever happened to you be brave and speak out but it's one. that ends or show check out our other stories on g.w. dot com for slash asia thank you for watching see you next time and good bye. to . my 1st boss i was a sewing machine. where i come from women their phones by this ocean for. something as simple as learning how to write a bicep isn't. since i was a little good i wanted to have a bias i belong to my home and it to