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Dec 30, 2015
12/15
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CSPAN2
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secondly, as the president alluded to china and we will talk about china later as we go on but china is very active on the economic front. they are forging economic linkages benefiting china and the world but economic linkages throughout asia and those economic linkages to trade and investment they believe it helps their economic and national security influence. and then i take it a step further and the reason this is important to our national security as i think national security starts with economic security. i don't think china as we will talk about later is a formidable come patter and we want the competition to be healthy. we shouldn't shrink from that competition. something we should welcome. wesley.trade deals, people debate trade. their negative some positive to trade but that positives far outweigh the negatives. we have been a huge beneficiary. we continue to be successful with 4% of the worlds population we don't go out and attempt to do as much business as possible but the other 96. the camp put a wall around it and be successful but what i argue which is to me a no-brain
secondly, as the president alluded to china and we will talk about china later as we go on but china is very active on the economic front. they are forging economic linkages benefiting china and the world but economic linkages throughout asia and those economic linkages to trade and investment they believe it helps their economic and national security influence. and then i take it a step further and the reason this is important to our national security as i think national security starts with...
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Dec 25, 2015
12/15
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CNNW
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inside china. and a lot of people, they can't get the cutting-edge technology, which we don't teach in college at all. so the human resource problem and the manpower problem is more and more -- getting more and more serious here in china. >> because everyone's going to the silicon valley? >> they offer better. obviously. oh, here are the -- >> these are the famous ribs? >> yes. >> maybe the number one thing that the seriously food-crazed traveler coming back from shanghai will tell you to eat other than the soup dumplings, of course? zeran paigu. or simply, cumin ribs. ♪ it takes two cooks working at once to make this dish. one deep fries the ribs in hot oil until just right. another toasts the ginger, cumin and other spices in a wok. and then in go the ribs. and if you are a devotee of what's called wok-hei, you sit as close to the kitchen as possible to capture that elusive fast-dissipating breath flavor of the wok itself. toss them around, coating those bones with all that good stuff, then ser
inside china. and a lot of people, they can't get the cutting-edge technology, which we don't teach in college at all. so the human resource problem and the manpower problem is more and more -- getting more and more serious here in china. >> because everyone's going to the silicon valley? >> they offer better. obviously. oh, here are the -- >> these are the famous ribs? >> yes. >> maybe the number one thing that the seriously food-crazed traveler coming back from...
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Dec 30, 2015
12/15
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CSPAN2
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secondly, as the president alluded, china, and, china, and we will talk about that later, but china is very active, forging economic linkages, benefiting china and the world and the economic linkages, trade and investment they believe helps the economic and national security influence. and then i'd taken a step further. the reason this is important is the national security starts with economic security. i don't think china, as we will talk about later, is a formidable competitor. they should not shrink from the competition. it is something we should welcome. trade people, the positives far outweigh the negatives. we have been a huge beneficiary. we continue successful, 4 percent of the worlds population, does not go out an attempt to do as much business as possible, you can put them all around. but what i argue which is to me a no-brainer, even those that disagree with me on trade generally should want a deal like this. is focused on asia. it's important that we continue to be strong economically, diplomatically and militarily in asia. >> how would you grade this administration in term
secondly, as the president alluded, china, and, china, and we will talk about that later, but china is very active, forging economic linkages, benefiting china and the world and the economic linkages, trade and investment they believe helps the economic and national security influence. and then i'd taken a step further. the reason this is important is the national security starts with economic security. i don't think china, as we will talk about later, is a formidable competitor. they should...
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Dec 6, 2015
12/15
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WJLA
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he wants to restore china to greatness. not only making china the biggest economy in the world and having a robust military , but asserting chinese claim in maritime capabilities. it means dividing the u.s. and its allies. reducing american influence inch asia and around ina's periphery is a critically important part of that strategy. vago: that is part of the hundred year marathon that he wrote about. >> if you look at china's own words and their own writings like the papers that cannot this year in may, their goal seems to have changed if you look 10 years ago or even 20 years ago. it was much more modest. but this year the really talked about protecting china's around the world. they havtalked abo the need for a global presence. 35re is a far outlook by chinese generals that came out chinese having a glob network of military bases. some of this is new. some of this is very lg-term, 20 y years or 30 years to go. >> watch of the things i want to ask you is do you think that beijing cares at all about what the international
he wants to restore china to greatness. not only making china the biggest economy in the world and having a robust military , but asserting chinese claim in maritime capabilities. it means dividing the u.s. and its allies. reducing american influence inch asia and around ina's periphery is a critically important part of that strategy. vago: that is part of the hundred year marathon that he wrote about. >> if you look at china's own words and their own writings like the papers that cannot...
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Dec 14, 2015
12/15
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BLOOMBERG
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china shipping is down by 27%. cosco pacific is down by 15%. china cosco is up -- all by 23%. an exit is when it comes to emerging markets. indonesia is heading for a two-month low. one of the two worst performers in asia. down by half a percent. on -- also keeping and i chinese currency. most offshore rmb. after china introduced a new currency basket. details are scarce, but at this stage, it could mean further weakness when it comes to the chinese currency against the greenback because there is a sense that they are trying to recast expectations away from just instability but toward a trade basis on where the chinese currency should set against the 13 currencies. a bit of a downside for cnh. trading at >> .5469. we are talking about the selloff in asia extending the global selloff that we saw last week. no good news am afraid. yvonne: not a great way to start the week. let's talk about oil. seven-year low. levels not seen since december of 2008. west texas deputy i heading toward $35 a barrel. let's go to singapore. great to see you. what's behind the latest drop? the focus
china shipping is down by 27%. cosco pacific is down by 15%. china cosco is up -- all by 23%. an exit is when it comes to emerging markets. indonesia is heading for a two-month low. one of the two worst performers in asia. down by half a percent. on -- also keeping and i chinese currency. most offshore rmb. after china introduced a new currency basket. details are scarce, but at this stage, it could mean further weakness when it comes to the chinese currency against the greenback because there...
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Dec 13, 2015
12/15
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both overseas and in china. thatis why we are seeing playing out. >> executives have gone missing and helping in aiding investigations. but always the markets are left with no idea. are they nervous? >> someone set on 20 -- seven someone set on twitter -- someone set on twitter china needs to come out with a new ceo. this is becoming a regular occurrence. a number of brokerages. a problem with china's regulatory overhaul and the corruption crackdown, the lack of transparency. that is what they are freaking out about. the rest of the market is related entities, businesses acted very badly. it will be interesting to see what happens when they come back online. angie: we are going to keep a close eye on oil after it else to a seven-year low on continuing speculation that opec will keep the market oversupply. -- thetels decision financial crisis was having its biggest weekly drop in more than a year. at least until productions hit a three-year high last month. china's economy is showing new signs of stabilizing shou
both overseas and in china. thatis why we are seeing playing out. >> executives have gone missing and helping in aiding investigations. but always the markets are left with no idea. are they nervous? >> someone set on 20 -- seven someone set on twitter -- someone set on twitter china needs to come out with a new ceo. this is becoming a regular occurrence. a number of brokerages. a problem with china's regulatory overhaul and the corruption crackdown, the lack of transparency. that...
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Dec 21, 2015
12/15
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BLOOMBERG
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nuclear controls in china. also the growth of laces like london and frank were will threaten hong kong's that is. the company is by far the city with the largest offshore and then rule of law etc.. people get set to do business in hong kong rather than china. yvonne: we're maintaining that. bad but it is not that situation skits worse before it better? >> i think it will. as you've been saying for quite a while now they have to allow the yuan to devalue. we have students saying the economy must go to explain 5%. we have to allow the you want to depreciate. then it's trying at times to strengthen . so yes the situation will get worse and it keeps you guessing. we have to see what happens in the state months. >> 2015 has been the year of this lowdown. china the question were going to be asking ♪ yvonne: voters in spain have deserted the two main parties. the people's party was allow more than a third of the report. it came in very strong. whoever takes over will be taking on an economy that is very high on debt
nuclear controls in china. also the growth of laces like london and frank were will threaten hong kong's that is. the company is by far the city with the largest offshore and then rule of law etc.. people get set to do business in hong kong rather than china. yvonne: we're maintaining that. bad but it is not that situation skits worse before it better? >> i think it will. as you've been saying for quite a while now they have to allow the yuan to devalue. we have students saying the...
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Dec 7, 2015
12/15
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CSPAN2
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the story of whether it is china or not a part of china we go to the library and there are bookshelves full of books or giving both sides but i'm not going to go into that today from the standpoint it was pretty clear cut their country was invaded by the chinese and their way of life is attacked by china in many ways and the spiritual leader of the dalai lama was forced into exile. few people know when the dalai lama went into exile it was the cia team of trained tibetans have helped him get out of debt and -- tibet and crossover where he remains to this day. they were also providing military support to the rebels fighting against the communist army the people's liberation army. and that support was provided from an air base in pakistan of what is today bangladesh at the time was east pakistan. if you think about the geography, where can you get that easily from where they are placed very close by. they trained some of the operatives in the united states. some of them were trained at the cia training facility in virginia but most of them were trained in colorado. and the logic of that
the story of whether it is china or not a part of china we go to the library and there are bookshelves full of books or giving both sides but i'm not going to go into that today from the standpoint it was pretty clear cut their country was invaded by the chinese and their way of life is attacked by china in many ways and the spiritual leader of the dalai lama was forced into exile. few people know when the dalai lama went into exile it was the cia team of trained tibetans have helped him get...
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Dec 14, 2015
12/15
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BLOOMBERG
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china shipping and china cosco plunging by the most since 2005 and 2004. each down by over 20%. china shipping down by almost 30% in hong kong. shanghai listings are actually suspended. stocks are back online after a four-month trading halt. we had news late on friday that chinese government plans to consolidate these shipping companies to create what would become the world's fourth-largest container shipping. each focus on a different aspect of the business. that is really driving quite a bit of downside that we are seeing across these stocks. this comes as part of the broader consolidation of chinese as the lease. reformve protracted efforts to get them up to speed and streamlined. it comes at a terrible time for the shipping container names amid the swelling global demand and overcapacity. a purchase of neptune announced last week. i want to show you one of the few greens that we are seeing. oxin auto is back from a trading halt. it comes on the back of a $1.1 billion stake in the purchase by china granddaughter. -- china grand auto. one of the biggest car dealerships in chin
china shipping and china cosco plunging by the most since 2005 and 2004. each down by over 20%. china shipping down by almost 30% in hong kong. shanghai listings are actually suspended. stocks are back online after a four-month trading halt. we had news late on friday that chinese government plans to consolidate these shipping companies to create what would become the world's fourth-largest container shipping. each focus on a different aspect of the business. that is really driving quite a bit...
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Dec 14, 2015
12/15
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KQED
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the aim is to reinforce china's claim to the whole of the south china sea. america and its allies are now responding, and over the radio, we now hear one of them. >> china navy, we are in australian aircraft enforcing international airspace. rupert: what we are hearing is an australian military aircraft asserting freedom of passage. more than 40% of the world's trade passes through the waters below us. china is determined to assert its control. america and its allies say they won't let that happen, but as we have found out, it may already be too late. rupert wingfield-hayes, bbc news, the south china sea. katty: for more on these islands, i spoke with vikram singh. he formerly served in both the u.s. and state departments. you have been watching our report. what did you make of it? vikram: i think it's the first time we've seen a civilian aircraft having this kind of an encounter over these disputed territories, and i think it gives us cause for real concern. the difference in opinion between china and the rest of the region is extremely start, and this kind
the aim is to reinforce china's claim to the whole of the south china sea. america and its allies are now responding, and over the radio, we now hear one of them. >> china navy, we are in australian aircraft enforcing international airspace. rupert: what we are hearing is an australian military aircraft asserting freedom of passage. more than 40% of the world's trade passes through the waters below us. china is determined to assert its control. america and its allies say they won't let...
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Dec 22, 2015
12/15
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BLOOMBERG
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yvonne: let's head back to china now. the elite decision-makers are wrapping up their annual planning session in beijing. they are trying to encourage investors at home and abroad. zeb: this central economic work conference is wrapping up. giving us some clues about the headline agenda items going into 2016 for the chinese communist party and its management of the economy. willeople's bank of china show that monetary policy is flexible and fiscal policy is forceful. interesting to see them use that kind of language. basic monetary conditions will allow for structural reforms they say. they are trying to support rural homebuyers. many people who live in inner china who need help. also seeking to promote entrepreneurship. a major headline initiative of the president. see a more innovative, technology driven country. one that harnesses the creativity of young people. has technology firms that rival silicon valley. time in a lot of seattle and in silicon valley during his recent trip to the united states. many getting risks i
yvonne: let's head back to china now. the elite decision-makers are wrapping up their annual planning session in beijing. they are trying to encourage investors at home and abroad. zeb: this central economic work conference is wrapping up. giving us some clues about the headline agenda items going into 2016 for the chinese communist party and its management of the economy. willeople's bank of china show that monetary policy is flexible and fiscal policy is forceful. interesting to see them use...
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Dec 28, 2015
12/15
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CNBC
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they are outperforming in china. and when the shanghai composite went up 70%, the s&p 500 went up 5% -- >> what was the question. >> we're talking about the economy but let's talk about the wealth affect that people suggested could be -- >> what was the question she asked. >> are you asking the questions or is mel asking the questions. >> will it impact the u.s. stock market. >> let me finish. if you look at s&p 500 profits or revenues, it is about 2% to 3% coming from china. so ultimately we have a question that we're talking about the u.s. stock market. are we going to be taken down. we started saying china is about to blow up and i don't think that is a reasonable conversation. >> you didn't think so in the spring either. >> and was i wrong? >> look at the u.s. stock market. it is flat. >> but the volatility we're seeing in the commodities and credit markets all over the world have to do with what is going on in china. for you to say it is so powerful. >> the question was forward-looking. let's not look backward a
they are outperforming in china. and when the shanghai composite went up 70%, the s&p 500 went up 5% -- >> what was the question. >> we're talking about the economy but let's talk about the wealth affect that people suggested could be -- >> what was the question she asked. >> are you asking the questions or is mel asking the questions. >> will it impact the u.s. stock market. >> let me finish. if you look at s&p 500 profits or revenues, it is about 2%...
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Dec 12, 2015
12/15
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ALJAZAM
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the west of china, much less so. to say that china is a developing or developed country it's a misnomer. that's equivalent to trying to equate the very eastern part of europe to the western part. >> when it comes to co2 emissions, where do they stand and how quickly is that escala escalating. >> china is the single largest emitting country on the planet. they have cumulative numbers, and that's what really matters. they've cumulatively emitted as much as the u.s. and e.u. >> you can understand why the u.s. is making a big deal with that. it's shall and should, do you think that's just what the u.s. would say, or do you think there is justification. >> i think it's very important. so i think it's very important that china is a core part of this deal, and that they do evidence and ambition. it is important to recognize that china has a track record of under promises and over delivering in these areas. they don't like to be told what to do by other countries. this was picked up earlier, the point of national sovereignty
the west of china, much less so. to say that china is a developing or developed country it's a misnomer. that's equivalent to trying to equate the very eastern part of europe to the western part. >> when it comes to co2 emissions, where do they stand and how quickly is that escala escalating. >> china is the single largest emitting country on the planet. they have cumulative numbers, and that's what really matters. they've cumulatively emitted as much as the u.s. and e.u. >>...
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Dec 28, 2015
12/15
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led by china's top legislator. have defined what anti-terrorism means in china. these tech companies had better listen. cory: does this mean that these chinese government officials, any e-mails that they send, they will be able to see new my personal e-mail? angie: that is certainly a concern. president obama has expressed that concern to the chinese leadership. this type of legislation means that this would allow the chinese government to have backdoors into tech companies. whether or not that is the case is obviously for the state to parse over. if tech companies hand over their encryption keys they can read your e-mails like a novel. cory: i'm not sure i want them reading my e-mails. angie: they are having increasing issues with terrorism within china. cory: thank you angie. ♪ cory: despite the slowdown in china's economy companies is have plenty of room to grow. i spoke with michael moore it's about the future of china's tech scene. moritz: i don't think anything has changed in china. the underlying consumer demand remains very strong. we have built our own
led by china's top legislator. have defined what anti-terrorism means in china. these tech companies had better listen. cory: does this mean that these chinese government officials, any e-mails that they send, they will be able to see new my personal e-mail? angie: that is certainly a concern. president obama has expressed that concern to the chinese leadership. this type of legislation means that this would allow the chinese government to have backdoors into tech companies. whether or not that...
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Dec 18, 2015
12/15
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BLOOMBERG
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manus: a tale of two chinas. the morning of the disturbing deterioration in the world's second-largest economy. welcome, it's friday. i'm manus cranny. edwards.e annm anna it looks like a different day, positive momentum in sentiment, the confidence transmitting to the global market. talkingverybody was about what an amazing job janet yellen had done, raising rates, projecting confidence. the reality is that the dollar is storming. commodities are coming down. oil is $35. nolan is convinced that the world is -- and no one is convinced that the world is a robust place. rest of europe is down by three quarters of 1%. the asset class is down, the dollar is up, global equities have rallied by 1.27%. anna: as long as commodity rout continues it can make challenges harder. let's get the bloomberg first word with nejra cehic. nejra: the bank of japan has outlined operational changes for government bonds and real estate investment. as part of the planet will establish a new, $2.5 billion program. kept his main monetary s
manus: a tale of two chinas. the morning of the disturbing deterioration in the world's second-largest economy. welcome, it's friday. i'm manus cranny. edwards.e annm anna it looks like a different day, positive momentum in sentiment, the confidence transmitting to the global market. talkingverybody was about what an amazing job janet yellen had done, raising rates, projecting confidence. the reality is that the dollar is storming. commodities are coming down. oil is $35. nolan is convinced...
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Dec 2, 2015
12/15
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BLOOMBERG
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china spent $631 billion on overseas deals. he does mention that record last year, one hundred $23 billion in deals. that was the first time there was more odi than foreign direct investment into china. sayingmier out last week that a globally-focused china will spend $1 trillion in overseas investment over the next five years. new studies are showing that about a quarter of that amount that trillion dollars in overseas investment between 2005-2014 run into trouble. -- has run into trouble. dollar outthat, one of every three dollar pledged or, has gone sour. that includes government officials who wish not to be identified, telling bloomberg mostly in energy and mining have trouble. natural disasters, other issues as well, integration of foreign operations into a chinese company. a separate private tally of 161 projects, soubled it looks like it has not done well for the chinese. rishaad: some of this is feeding on itself. you have a slowdown in china, then in africa -- this $631 billion in odi investment happened in the last 3-
china spent $631 billion on overseas deals. he does mention that record last year, one hundred $23 billion in deals. that was the first time there was more odi than foreign direct investment into china. sayingmier out last week that a globally-focused china will spend $1 trillion in overseas investment over the next five years. new studies are showing that about a quarter of that amount that trillion dollars in overseas investment between 2005-2014 run into trouble. -- has run into trouble....
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Dec 12, 2015
12/15
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KCSM
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what's china's position there? >> the chinese government maintains that it will fulfill what it calls its responsibility as a major country. it has set its own target of reducing co2 emissions by around 2030. on the other hand, it has said only industrialized countries should be obliged to meet their reduction targets. there are also different opinions on who should be helping developing nations. some advanced nations say emerging economies like china should be chipping in. the country's climate change representative says china is open to helping them, but it doesn't want to be forced to do so. >> translator: developing countries can, on a voluntary basis, contribute to other developing countries in order to enhance their efforts against climate change. >> china's government describes air pollution and global warming as pressing issues and has threatened swift action to combat them, but countries around the world are watching to see whether that will happen. >>> french foreign minister laurent fabius exclusively to
what's china's position there? >> the chinese government maintains that it will fulfill what it calls its responsibility as a major country. it has set its own target of reducing co2 emissions by around 2030. on the other hand, it has said only industrialized countries should be obliged to meet their reduction targets. there are also different opinions on who should be helping developing nations. some advanced nations say emerging economies like china should be chipping in. the country's...
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89
Dec 18, 2015
12/15
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BLOOMBERG
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china. and, well, demand is very strong in the tier one cities, it is hard to turn over a property in the other areas. that is why the government has taken measures, focused on the smaller cities to try to bolster the market. providinge, subsidies. there has been migrant reform, allowing rural residents to move to urban areas more easily, as well as the cutting of down payments. re, trying to bolster this mo the less populated cities. francine: thank you so much. shanghai.in let's continue the conversation with our gas. -- with our guest. you are a regular on the program we talk about your thoughts on china. china-based book, does a point to the fact that we need to be conscious -- cautious? aftermathll see the of the housing market slowdown in china affect every market. is that growthng is revised down significantly. this year we art 7% growth. we will go to 6.2% next year. knock ongnificant effect and that is due to the knock on effect of the housing slowdown. we will have this excess prop
china. and, well, demand is very strong in the tier one cities, it is hard to turn over a property in the other areas. that is why the government has taken measures, focused on the smaller cities to try to bolster the market. providinge, subsidies. there has been migrant reform, allowing rural residents to move to urban areas more easily, as well as the cutting of down payments. re, trying to bolster this mo the less populated cities. francine: thank you so much. shanghai.in let's continue the...
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24
Dec 26, 2015
12/15
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BLOOMBERG
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the underlying consumer demand is very strong in china. the internet companies there, their business is very good. it is strong. it is healthy. it is vibrant. and we have built our own business there over the course of the last 13, 14 years -- emily: quite a robust business. sir michael: a very robust business, run by some wonderful people. and it's no accident that seven of the most valuable internet companies today are chinese. over the next 20 years, there is going to be far more business done between the technology companies that get started in china and the u.s. than there has been in the last 20 years. emily: what does silicon valley have to learn from china? sir michael: i'm always struck by how eager people running chinese companies are to learn about their american counterparts. how frequently they come to the united states, how jammed their schedules are when they come here. i wish that the ceo's and founders of silicon valley companies did the same thing in china. i think we could learn a lot from them. in mobile in particular,
the underlying consumer demand is very strong in china. the internet companies there, their business is very good. it is strong. it is healthy. it is vibrant. and we have built our own business there over the course of the last 13, 14 years -- emily: quite a robust business. sir michael: a very robust business, run by some wonderful people. and it's no accident that seven of the most valuable internet companies today are chinese. over the next 20 years, there is going to be far more business...
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72
Dec 1, 2015
12/15
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BLOOMBERG
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globalmmentators say, economy is geared to old china, not new china. it takes a while for the rest of the economy to keep up. guest: it is a process and has been underway for three to four years. it will take at least a decade to make this transition. they are trying to do a lot of transitions. not only moving from export oriented to consumption led economy but they have other structural imbalances. they have a lot of balls in the air and it will be difficult to do quickly. process, but a when you look at the pmi data, we need to put that into a broader context. it is not just manufacturing. you cannot judge the chinese economy by pmi manufacturing. consumption is strong. it is holding up firm in china. it is the entire economy that matters. guy: as a commodity producer, that's not true. guest: there are winners and losers and we are seeing the commodity producers are losers in this. bad?how long does it stay guest: we are probably close to bottom, in terms of the general prices across the commodity complex, it has priced in a lot of bad news. the fina
globalmmentators say, economy is geared to old china, not new china. it takes a while for the rest of the economy to keep up. guest: it is a process and has been underway for three to four years. it will take at least a decade to make this transition. they are trying to do a lot of transitions. not only moving from export oriented to consumption led economy but they have other structural imbalances. they have a lot of balls in the air and it will be difficult to do quickly. process, but a when...
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Dec 8, 2015
12/15
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from china? jean-pascal: china is the biggest population on earth. second largest economy in dollar terms. on the development has been so fast, that china had a wall in terms of emissions and pollutions. china is very serious about resolving. china is our second largest country in our portfolio. we are working very closely with the government, with cities, wi th companies to reduce the impact of emissions on the impact of energy consumption. caroline: well your business grow their rather than shrink, given that we have china's economy in question? jean-pascal: you have to take a bit of perspective we know that china is going through what is called the new normal. an adjustment time after decades of very fast growth. so it is an adjustment that we of theing with the rest economy, with our china operation. i'm confident we are going to be back to a more -- as we go forward. caroline: thank you very much. jean-pascal tricoire here for a couple of days. a french company basin within hong kong. asia p
from china? jean-pascal: china is the biggest population on earth. second largest economy in dollar terms. on the development has been so fast, that china had a wall in terms of emissions and pollutions. china is very serious about resolving. china is our second largest country in our portfolio. we are working very closely with the government, with cities, wi th companies to reduce the impact of emissions on the impact of energy consumption. caroline: well your business grow their rather than...
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Dec 1, 2015
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transpacifice partnership agreement that china is not a part of and this is a 18 for china to international legitimacy. is truly usable pretend.annot >> it is a little looser and you cannot say the renminbi is not convertible. it is not a requirement. >> it will become more freely and,e in an economic sense as that happens, you have a have thetatus and we trade side of things and the finance side of things. it gets on china and rid of a misalignment. it is where the use of the financial system is falling short and we see this lower than expectingonsensus was and i think that we could see a virtuous cycle where they can renminbimand for the as a reserve asset, if it is combined with internet/-- internationalization. host: we have seen the dollar strength. are we done with this? 74% discounted by a few hike and we are on of a liftoff on the table was janet yellen speaking about a risk events and we have the payroll with north of 200,000. we are looking for unemployment ofhit the explicit view employment. >> we have morgan stanley saying that this was a year of the yen. how is the inferential
transpacifice partnership agreement that china is not a part of and this is a 18 for china to international legitimacy. is truly usable pretend.annot >> it is a little looser and you cannot say the renminbi is not convertible. it is not a requirement. >> it will become more freely and,e in an economic sense as that happens, you have a have thetatus and we trade side of things and the finance side of things. it gets on china and rid of a misalignment. it is where the use of the...
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Dec 29, 2015
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but today china town is fast disappearing. the famous chinese gate over the main avenue only remains as a tourist attraction surrounded by western food and clothing franchises. it is about the people. at one time, 3,000 chinese lived in washington's china town. today only about 300 remain. hassle of those might soon be gone, their building being replaced, jenny tang to be evicted so a luxury condo can be built >> translation: most of the people who live here, we all have jobs. even though we have jobs, we don't have as much money as them. every day, every month, we pay our rent on time. >> reporter: they're victims of what is a process through which poor minorities are pushed out as the city develops and the wealthy move in. according to one study, non-chinese populations in these areas have doubled in a decade. some researchers estimate that of the 15 large china towns in america, only three still remain authentic to their chinese cultural past. >> the china town is not just with the people. china town is a place where social
but today china town is fast disappearing. the famous chinese gate over the main avenue only remains as a tourist attraction surrounded by western food and clothing franchises. it is about the people. at one time, 3,000 chinese lived in washington's china town. today only about 300 remain. hassle of those might soon be gone, their building being replaced, jenny tang to be evicted so a luxury condo can be built >> translation: most of the people who live here, we all have jobs. even though...
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Dec 8, 2015
12/15
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it's very, very good and a perfect thing for business people in china moving forward. >> reporter: china's growing bond with africa comes as it faces diplomatic conflict in the asia-pacific region. xi's message for cooperation and the win-win relationship with africa is resonating well and elevating china's status as a global power. tomoki matsuda, nhk world, gone joe. >>> we'd like to take you to iceland where people there are dealing with major windstorm. authorities are advising residents to stay indoors as hurricane-force winds stay in the country. the government has been telling people to stay inside. particularly this one wind report, 216 kilometer per hour gusts. typhoon-strength winds is 130 kilometers per hour. you are looking at an intense storm system here. pressure now down to 947 hpa. we talk about these gradient lines when they're close to each other you have the higher winds. across this area, this is about as tight as you are going to be getting it outside of being in the middle of a typhoon. you are seeing those winds out there right now. definitely very intense. does look
it's very, very good and a perfect thing for business people in china moving forward. >> reporter: china's growing bond with africa comes as it faces diplomatic conflict in the asia-pacific region. xi's message for cooperation and the win-win relationship with africa is resonating well and elevating china's status as a global power. tomoki matsuda, nhk world, gone joe. >>> we'd like to take you to iceland where people there are dealing with major windstorm. authorities are...
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Dec 4, 2015
12/15
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, its own competition in china. describe how much power the airbnb of china has compared to airbnb itself in china right now. lulu: there is definitely a lot of opportunity in this market. they've all said that china is one of the most important markets for them outside of the u.s., but they're running into some steep competition in china. these companies are growing at a very fast pace. it's not an easy market to take over and they will be facing an uphill battle. emily: i was surprised at how deeply penetrated uber already is in beijing. it seems that chinese consumers, if it's cheaper, they will go for it. lulu: absolutely. there is an understanding towards wealth, social status in the country right now. they don't see having a car as a symbol of status anymore. the fundamental philosophy is that if you can rent it, why own it. that's why more people are embracing the services in china. emily: plus anything to cut down on traffic in beijing. thanks for joining us today. coming up, silicon valley has stepped into
, its own competition in china. describe how much power the airbnb of china has compared to airbnb itself in china right now. lulu: there is definitely a lot of opportunity in this market. they've all said that china is one of the most important markets for them outside of the u.s., but they're running into some steep competition in china. these companies are growing at a very fast pace. it's not an easy market to take over and they will be facing an uphill battle. emily: i was surprised at how...
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Dec 12, 2015
12/15
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KWWL
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when yum first announced the china spinoff, we learned that yum china a uld have exclusive rights to kfc and pizza hut in the people's republic, growing its locations from 69 to up to 20,000 down the road. the global is to create a spinoff that will serve the chinese consumer. at the s se time, owning this stock would be a bet on kfc, pizza hut and taco bell. at long last the rest of the chinese business. over time it plans to be a many of its own restaurants. this slower growth, higher margin company also plans to return to shareholders. we like that business model very much. yum just hosted an incredibly important analysts meeting have we finally got some details about the spinoff plan which management expects will be finished by the end of next year. what did they y yesterday? let's starwith what we learned about the future of yum brands once they get rid of china. it will be a more focused, high margin, i'll call it a steady eddie global franchise plan. yum is targeting 13% annl earnings growth along with a 2% dividend someone's the separation goes through. the non-china part of
when yum first announced the china spinoff, we learned that yum china a uld have exclusive rights to kfc and pizza hut in the people's republic, growing its locations from 69 to up to 20,000 down the road. the global is to create a spinoff that will serve the chinese consumer. at the s se time, owning this stock would be a bet on kfc, pizza hut and taco bell. at long last the rest of the chinese business. over time it plans to be a many of its own restaurants. this slower growth, higher margin...
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Dec 24, 2015
12/15
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singapore's economy so dependent on china. with china slowing, exports will be affected. singapore's central bank knows it too well. it eased monetary policy twice this year, the last in october. the quarter has been cut. bad enough, the market has been slammed. lower by 15% year to date. tough times for singapore. yvonne: nice to see you are still smiling. is expected to pick up next year. can singapore get on board? >> you know what, the impact would be limited. growth nextnt said year between 1% and 3%. singapore may not benefit from the world recovery all that much. with china slowing, it will be tough. joining us live from singapore. thank you so much. currencies now, and more on asia. great to see you. we were just talking about oil. this story really hurting most of the currencies this year. , you think,s still a strong rally here, at least until next year? >> yes. we really think the risk-reward for the first quarter does favor of the dollar index, heavily weighted to euros. that the fed is planning to hike rates over the course of 2016. we think that is well unde
singapore's economy so dependent on china. with china slowing, exports will be affected. singapore's central bank knows it too well. it eased monetary policy twice this year, the last in october. the quarter has been cut. bad enough, the market has been slammed. lower by 15% year to date. tough times for singapore. yvonne: nice to see you are still smiling. is expected to pick up next year. can singapore get on board? >> you know what, the impact would be limited. growth nextnt said year...
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Dec 22, 2015
12/15
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anna: china's stimulus. beijing signals it will do more to support the world's second-largest economy. ecb diary revealed pin records show how a thing of board in the curbed meetings run-up to monetary policy decision. ticket rate decisions. it's a decent something about to follow the fed with its own hike . ♪ anna: welcome to count down. i'm and it edwards -- i am edwards. one of the big things, commodities. let's focus in on what is happening with the commodity -- with the copper price. copper hitting a one-month high. you look at the extent of the form we have seen. the overwhelming story of 2015 has been weakness in the copper price. a one-month high for the copper price. that rebound in reaction to some of the talks we started to see yesterday coming out about what we are going to see from china on the stimulus front. now talking about monetary policy being more flexible. more fiscal support. all of that coming through. a lot to put in here. i rally in some of those commodity currencies as well. signa
anna: china's stimulus. beijing signals it will do more to support the world's second-largest economy. ecb diary revealed pin records show how a thing of board in the curbed meetings run-up to monetary policy decision. ticket rate decisions. it's a decent something about to follow the fed with its own hike . ♪ anna: welcome to count down. i'm and it edwards -- i am edwards. one of the big things, commodities. let's focus in on what is happening with the commodity -- with the copper price....
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Dec 9, 2015
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of theto show you some big movers, particularly china. orphave seen metallurgical c of china has dropped as much as 14% this morning. set for its lows close in five months, that as it became a listed unit. a down 7%. is one of those that debuted on the market today, hitting its limit of 44%. that's after the five-month trading halt was lifted. the reference right to the weakest level since 2011. rishaad: i look at inflation -- a look at inflation, consumer price data coming out, does signal that demand is the mining -- stabilizing. demand may be stabilizing on the data we got out the last hour after a year of six interest-rate cuts and stimulus, cpi it rising more than forecast. is about half the governments targeted pays for the year, so there may be more room for authorities to loosen monetary policy further without stoking bubbles. the further decline in imports we got yesterday do signal some stimulation in the man. the worry continues to be prices at the factory gates, producer 45ce index in deflation for consecutive months. staying
of theto show you some big movers, particularly china. orphave seen metallurgical c of china has dropped as much as 14% this morning. set for its lows close in five months, that as it became a listed unit. a down 7%. is one of those that debuted on the market today, hitting its limit of 44%. that's after the five-month trading halt was lifted. the reference right to the weakest level since 2011. rishaad: i look at inflation -- a look at inflation, consumer price data coming out, does signal...
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Dec 1, 2015
12/15
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ALJAZAM
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china is the world's biggest carbon emitter. china correspondent reporting from beijing >> reporter: well, imagine waking up to this. this is the fourth straight day of hazardous pollution levels here in the capital. mid morning on tuesday the air quality index was more than 540 t but on monday evening in the south of bay jack ginning the air quality-- beijing index reached nearly a thousand. that's how serious it was on monday evening. the government, of course, has pledged that by 2030 its emissions of greenhouse gasses will have peeked but that still means we're going to have many more days like this or, perhaps, even worse. in the meantime, for the moment, the government is ordering factories, some 2000, to slow their output or to close. schools are not closed, but many parents are choosing to keep their children at home because of this and who can blame them >>> investigators in indonesia say a faulty part and subsequent crew action caused the air asia plane crash that killed 162 people. it's the first official explanation
china is the world's biggest carbon emitter. china correspondent reporting from beijing >> reporter: well, imagine waking up to this. this is the fourth straight day of hazardous pollution levels here in the capital. mid morning on tuesday the air quality index was more than 540 t but on monday evening in the south of bay jack ginning the air quality-- beijing index reached nearly a thousand. that's how serious it was on monday evening. the government, of course, has pledged that by 2030...
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Dec 13, 2015
12/15
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all eyes on china. china knows that it has to act. its people are very, very anxious for something to happen for the past few days. beijing, although it is clear today, has been experiencing some of the worst air pollution in the last three years. the air quality index yesterday, for instance, was 2356, which is-- 356 which is hazardous. days like that have become the norm rather than the exception. if i was to drive outside of beijing now and talk to people about what was happening in paris, they wouldn't know what i was talking about. sadly, there's almost a fatal ice stic acceptance here about the environment. they know the country is polluted and they know nothing is going to change for many years >>> a professor of environmental studies and my other guest. david, i will start with you. now that a deal has been reached, the future of this agreement now will be eventually decided by different countries. do you think that there will be any push back? >> so maybe, but the important thing to see from today is that there really was a p
all eyes on china. china knows that it has to act. its people are very, very anxious for something to happen for the past few days. beijing, although it is clear today, has been experiencing some of the worst air pollution in the last three years. the air quality index yesterday, for instance, was 2356, which is-- 356 which is hazardous. days like that have become the norm rather than the exception. if i was to drive outside of beijing now and talk to people about what was happening in paris,...
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Dec 8, 2015
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exports now 6.8% down from china. that is a deeper decline we were expecting from economists. 5% decline was anticipated. we see a slight pickup from what we saw in october with a 6.9% drop in exports. the imports we see a slightly higher than what wasn't dissipated. 8.7% drop in imports. nos brings the trade balance -- more new row than expected -- narrow than expected. rishaad: stay tuned for ages asia's edge. ♪ >> from our studios in new york city, this is charlie rose. charlie: growing links to international terrorism in this weeks shooting in san bernardino. one of the suspect was in communication with folks in the united states and abroad who have links to terrorism. his wife pledged allegiance on facebook prior to the attack. searches of the suspects home uncovered all making equipment, dozens of pipe bombs and thousands of rounds of ammunition. let me begin with what we know that is new.
exports now 6.8% down from china. that is a deeper decline we were expecting from economists. 5% decline was anticipated. we see a slight pickup from what we saw in october with a 6.9% drop in exports. the imports we see a slightly higher than what wasn't dissipated. 8.7% drop in imports. nos brings the trade balance -- more new row than expected -- narrow than expected. rishaad: stay tuned for ages asia's edge. ♪ >> from our studios in new york city, this is charlie rose. charlie:...
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Dec 17, 2015
12/15
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interest rate cut could mean for china. >> reporter: i'm in the city in north-east china, a committee economic center where business leaders like business leaders elsewhere in the country are now trying to assess the likely impact of this rise in u.s. interest rates. the last time it happened obama and president xi jinping had yet to become presidents of their countries, china had to yet host olympic games and china was not the second largest economy. the good news for china in this rise in rates will help with exports, because the their dollar will fawn against the dollar. the chinese government owns a sizeable chunk of the u.s. economy in the form of debt, some 1.2 trillion dollars of treasury bills sitting in a fund and that will go up. the bad news, a lot of big chinese conglomerates have borrowed in chinese dollars. there are also other items exposed. china economy has been continuing to slow. the government has been cutting interest rates, not raises them and that has called the yuan to fall in value. this is not the rise but the timing and size of future rises in u.s. interest
interest rate cut could mean for china. >> reporter: i'm in the city in north-east china, a committee economic center where business leaders like business leaders elsewhere in the country are now trying to assess the likely impact of this rise in u.s. interest rates. the last time it happened obama and president xi jinping had yet to become presidents of their countries, china had to yet host olympic games and china was not the second largest economy. the good news for china in this rise...
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Dec 11, 2015
12/15
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should china contribute? we understand that xi jinping and obama have been on the phone, trying to iron out these concerns. over all, that deadline has been pushed back. we need to see some sort of compromise. mood is: caroline, the that we will get something saturday morning? is there optimism in the room? caroline: there does seem to the. the foreign minister has been trying to show that he believes a deal will be done. i think the fact that we are seeing global leaders picking up the phone, talking to each other, showing some sort of compromise -- they really want to get this over the line. the optimism is draining out. when i was here on monday, i was speaking to the environmental protection agency had of the united states. she thought friday would be the day we saw a deal done. people have been here until 6:00 this morning, trying to get their views across. people are sleeping above me. they come back at lunchtime to once again pull and a lighter. john kerry is here trying to ensure that we get an agreem
should china contribute? we understand that xi jinping and obama have been on the phone, trying to iron out these concerns. over all, that deadline has been pushed back. we need to see some sort of compromise. mood is: caroline, the that we will get something saturday morning? is there optimism in the room? caroline: there does seem to the. the foreign minister has been trying to show that he believes a deal will be done. i think the fact that we are seeing global leaders picking up the phone,...
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Dec 23, 2015
12/15
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tim: it was a crazy year last year in china. one of the results is that the chinese government closed the spigot, they shut off the ipos. the runway has since been opened and all of these tech startups who had been looking forward to an ipo look like they could launch in 2016. there is a reason they go to china, and that is valuation. you are still getting better valuation in china if you are a startup or an investor. if you have to list your stock next year, you are probably better off doing it in china. the u.s. tends to be a little more picky, especially when it comes to corporate governance. china looks like the place a lot of companies will go next year to get going and get ipos. emily: you also predict that indonesia will give birth to its first unicorn, which is a company valued at more than $1 billion. which unicorn are we talking about? tim: there is a company in the e-commerce space that is the most talked about, but it depends on which one gets the first round of funding. the first one to rise through the ranks could
tim: it was a crazy year last year in china. one of the results is that the chinese government closed the spigot, they shut off the ipos. the runway has since been opened and all of these tech startups who had been looking forward to an ipo look like they could launch in 2016. there is a reason they go to china, and that is valuation. you are still getting better valuation in china if you are a startup or an investor. if you have to list your stock next year, you are probably better off doing...
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Dec 29, 2015
12/15
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LINKTV
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china's loess plateau is a region that stretches for 640,000 square kilometers across north central china. unspoiled valleys in neighboring sichuan show us how it might once have looked. it's the sort of natural abundance that is necessary to support an emerging civilization. how could a landscape with such potential have been reduced to this? when chinese scientists and civil engineers began to survey the area, they realized that several thousand years of agricultural exploitation had denuded the hills and valleys of vegetation. the relentless grazing of domestic animals on the slopes meant that there was no chance for young trees and shrubs to grow. the rainfall no longer seeped into the earth, but simply washed down the hillsides, taking the soil with it. over millennia, this progressively destroyed the region's fertility. when this happens over an area as extensive as the plateau, millions of tons of silt are swept down into the yellow river, which gets its name from the color of the fine loess soil. the mounting quantities of silt clog up the river, impeding its flow, contributing to
china's loess plateau is a region that stretches for 640,000 square kilometers across north central china. unspoiled valleys in neighboring sichuan show us how it might once have looked. it's the sort of natural abundance that is necessary to support an emerging civilization. how could a landscape with such potential have been reduced to this? when chinese scientists and civil engineers began to survey the area, they realized that several thousand years of agricultural exploitation had denuded...
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Dec 12, 2015
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what kind of pressure is on china? >> reporter: well, i think china wants to try and rehabilitate itself in the eyes of the world. it doesn't want to be the bad boy in the environmental debate, but as you rightly point out, china took the unprecedented measure just a few days ago of issuing a red pollution alert. it resulted in the number of cars on roads being halved, factories had to reduce to stop production. these were stop gap measures, richelle. they didn't reduce the pollution. what caused the pollutants to be dispersed a few daying ago was strong northerly winds. the pollution has returned again today. currently the air quality index where i stand is 356. anything over 100 is considered dangerous. if you go online, there is an awful lot the disgruntlement. ordinary chinese peement want to know the long-term strategy for dealing with pollution. and people i don't think have a great deal of hope that the climate change talks in paris are going to lead to their lives improving any time soon. the government has sai
what kind of pressure is on china? >> reporter: well, i think china wants to try and rehabilitate itself in the eyes of the world. it doesn't want to be the bad boy in the environmental debate, but as you rightly point out, china took the unprecedented measure just a few days ago of issuing a red pollution alert. it resulted in the number of cars on roads being halved, factories had to reduce to stop production. these were stop gap measures, richelle. they didn't reduce the pollution....
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Dec 16, 2015
12/15
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china could surprise in the upside next year. recovery,be a housing and that would put a base on the commodities and get people a lot more positive about what is happening in the rest of the world. yvonne: i hope you're right. thank you so much. coming up next, the booming why gettingdeath, one's affairs in order has become a soaring trade in japan here it -- japan. ♪ yvonne: checking headlines around the world. united nations monitors ended their 12 year investigation into iran's nuclear program. that iran hadted experimented with a nuclear bomb technologies prior to 2009, but never to the final steps needed to produce a weapon. step closerto ron a to relief from western sanctions under its deal with six world powers. from washington say the u.s. is going ahead with arms sales to taiwan, something denounced by china. the near $2 billion package includes warships, amphibious craft, and anti-take -- antitank and antiaircraft missiles. the report comes with tensions rising over the south china sea. a rocket carrying astronauts fr
china could surprise in the upside next year. recovery,be a housing and that would put a base on the commodities and get people a lot more positive about what is happening in the rest of the world. yvonne: i hope you're right. thank you so much. coming up next, the booming why gettingdeath, one's affairs in order has become a soaring trade in japan here it -- japan. ♪ yvonne: checking headlines around the world. united nations monitors ended their 12 year investigation into iran's nuclear...
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Dec 17, 2015
12/15
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LINKTV
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how is it going to affect china? >> i don't think the rate system will have a major impact on the chinese system. however, you could find other structural programs such agency finance programs, future growth of fiscal debt will be more important to the future growth of china. >> what about the economy? >> i don't think it will have major impact on japan's economy but still the exchange rates. >> with exchange rates, where do you think the rate is going to go, where do you think it's heading? >> in general, it can with the state in japan could have the downward of the japanese yen. depreciation of the japanese yen. >> could you talk about is how it's going to affect the boj in terms of their interest rates? >> yeah, i think the bank of japan might be in trouble, because in one hand, with the pace of depreciation, but at the same time, they'd like to maintain the economic recovery or strength of economic recovery. >> i wanted to touch upon how borrowing in dollars and then converting it to lower currency will have an e
how is it going to affect china? >> i don't think the rate system will have a major impact on the chinese system. however, you could find other structural programs such agency finance programs, future growth of fiscal debt will be more important to the future growth of china. >> what about the economy? >> i don't think it will have major impact on japan's economy but still the exchange rates. >> with exchange rates, where do you think the rate is going to go, where do...
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Dec 30, 2015
12/15
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china has the most inflexible exchange rate. without china importing u.s. whytary policy, this is interest rates in china were much too low. this is why the council has amassed leverage. killhis leverage will just their profitability. they need lower interest rates. this is where it is interesting. there were four countries in there before they try to join. what do these countries have in common? they all did qe. i'm not saying it means china is going to do qe tomorrow but someone is going to make it a lot easier for china to ease monetary. guest: what would it look like? guest: china has been converting their government vehicle debt into media. sayomorrow they wake up and we are going to buy $1 trillion of this that will free up a trillion dollars on the bank balance sheet. there is no question they have a lot of ammunition. the important thing is to understand the cover here. if they are you doing qe. they say are currency fell by it was not our objective. it is a byproduct of our monetary easing. why can't they tell the same story? now they say we are go
china has the most inflexible exchange rate. without china importing u.s. whytary policy, this is interest rates in china were much too low. this is why the council has amassed leverage. killhis leverage will just their profitability. they need lower interest rates. this is where it is interesting. there were four countries in there before they try to join. what do these countries have in common? they all did qe. i'm not saying it means china is going to do qe tomorrow but someone is going to...
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Dec 31, 2015
12/15
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KCSM
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dongfeng is one of china's top e-shopping villages. and this town's rebirth is primarily down to the work of one man. 33-year-old sun han. sun runs a company that designs and makes home furniture which is sold exclusively through the firm's own online shop. each morning when he arrivals at the office, he checks the previous day's sales. >> around 80,000 yuan yesterday. that's down 10,000. but we do have 800 orders. >> sun's company has an annual turnover of 40 million yuan, over $6 million. most items on offer are made in the factory next to his office. this 3,000 square meter space contains the latest woodworking machinery. most of sun's 32 staff, including a number of relatives, are residents of dongfeng's. >> translator: now we're making shelves, desks and coffee tables. >> the furniture is made by red pine, imported from russia. although the goods are designed for home assembly, a screwdriver and the manual are all that the buyers require. >> translator: here we go. that's our brand name. it means elegant, beautiful, and comfortabl
dongfeng is one of china's top e-shopping villages. and this town's rebirth is primarily down to the work of one man. 33-year-old sun han. sun runs a company that designs and makes home furniture which is sold exclusively through the firm's own online shop. each morning when he arrivals at the office, he checks the previous day's sales. >> around 80,000 yuan yesterday. that's down 10,000. but we do have 800 orders. >> sun's company has an annual turnover of 40 million yuan, over $6...
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Dec 30, 2015
12/15
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ALJAZAM
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the trend is china, they still are gaoled the most. how come. >> china has a policy of oppressing media, that's what they intend to do. they are allowing no room for disdense or controversy. some of the controversy comes from bloggers who are writing about the economy slowing down, and the chinese government hates that. not just the economy, but a range of social disruptions that the government doesn't want to lose control of. they want to control the narrative of what it going on in china. and they don't want anyone to disrupt them. >> one of the ways of trying to control the nar tif was melissa chan, essentially kicked out from china. what was your experience when expelled in 2012? >> in 2012 things were different. there was never a sense from the chinese officials of why i was told to leave. in this case with the french journalist. she was told why she was asked to leave or told to leave. they were unhappy, and concerned about how far they could push the chinese authorities or chang high. i think it's very clear three years down the
the trend is china, they still are gaoled the most. how come. >> china has a policy of oppressing media, that's what they intend to do. they are allowing no room for disdense or controversy. some of the controversy comes from bloggers who are writing about the economy slowing down, and the chinese government hates that. not just the economy, but a range of social disruptions that the government doesn't want to lose control of. they want to control the narrative of what it going on in...
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Dec 23, 2015
12/15
by
BLOOMBERG
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but i think the story is avoiding a hard landing should draw money back to china. -- give does china fit me the peripheral story around china and whether the investment case stacks up. when i look at korea, taiwan, how do i invest there? bill: the story in china is still one about the opportunities coming from liberalization, the orientation towards the services sector, towards the consumer, the brokerage side, the large companies in china phasing out developing. it's the strength of the domestic theme to get retail sales spending at the next regnery case. other economies are seeing some improvement, but that is linked towards currency depreciation and a low-inflation environment providing some support for domestic demand. there, it is more about rebuilding competitiveness. china is more a domestic story around liberalization. guy: bill, stay with us. plenty more still to come. china is doubling the hours of onshore yuan trading. we are going to 11:30 p.m. beijing time from 4:30 currently. how low can oil go? opec'soing to look to global outlook, published in 40 minutes time. ♪ the
but i think the story is avoiding a hard landing should draw money back to china. -- give does china fit me the peripheral story around china and whether the investment case stacks up. when i look at korea, taiwan, how do i invest there? bill: the story in china is still one about the opportunities coming from liberalization, the orientation towards the services sector, towards the consumer, the brokerage side, the large companies in china phasing out developing. it's the strength of the...