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Nov 3, 2016
11/16
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china b because china,a, china, china, china, china, china. traanslator: during the first televised debate of thehe u.s. election on september 26, tmpmp began b by putttting blame on china againi. trtrump: you look at what chinas doing to ouour country in t ters of makingg our proroduct. they e valuing t their currency y and there is nobody in n our goverernment to fight them. val: shortly after that debate, cctv's english news offered these rebuttals to trump's statement.t. reporteter: trurump made several accusations against china, saying essential that when it comes to trade, china doesn't play by the rules. but in 2015, the imf said that the yuan is no longer undervalued. trump repeatedly has argued u.s. leaders hurt the american economy by borrowing too much from china, but he's--he himself has also turned to china repeatedly to raise capital for his business ventures. in fact, the bank of china was one of the entities that financed a $950 million trump building in new york city. val: cctv america's "world insight" program reveals a china
china b because china,a, china, china, china, china, china. traanslator: during the first televised debate of thehe u.s. election on september 26, tmpmp began b by putttting blame on china againi. trtrump: you look at what chinas doing to ouour country in t ters of makingg our proroduct. they e valuing t their currency y and there is nobody in n our goverernment to fight them. val: shortly after that debate, cctv's english news offered these rebuttals to trump's statement.t. reporteter: trurump...
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Nov 15, 2016
11/16
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KQED
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china buys more than $116 billion worth of american goods every year, but china of course sells more than four times that amount, about half a trillion dollars worth to the united states. easily making china the number one seller of goods to the u.s. it's a sore spot that donald trump jabbed at repeatedly during the bitter presidential campaign. >> our president has allowed china to continue its economic assault on american jobs and wealth. china is responsible for nearly half of our entire trade deficit. >> the trade imbalance isn't the only front trump opened with china. >> china engages in illegal export subsidies, prohibited currency manipulation. >> china wants its currency to carry a punch across the pacific, but a slowing economy foer forced it to devalue the jyuan 4 months ago. china has made no secret of its desire to keep the u.s. navy out of the important shipping lanes in the south china sea. there's potential for some common ground between the trump administration and china. neither are fans of the pro possessesed transpacific partnership. >> the tpp creates a new intern
china buys more than $116 billion worth of american goods every year, but china of course sells more than four times that amount, about half a trillion dollars worth to the united states. easily making china the number one seller of goods to the u.s. it's a sore spot that donald trump jabbed at repeatedly during the bitter presidential campaign. >> our president has allowed china to continue its economic assault on american jobs and wealth. china is responsible for nearly half of our...
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Nov 28, 2016
11/16
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BLOOMBERG
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to ashber, china sent and lots into orbit for china's longest mission yet. astronauts into orbit for china's longest issue yet. the final frontier is still dangerous, and a long way off. alf an hour after lunch and 12 kilometers above the earth, systems failed. the mission was aborted, and the fate of its turtle crew is sadly unknown. that was tom mackenzie reporting. let's check shares of state-owned bank in india falling after the rbi tries to step in with cash controls. , punjabnk of india national bank, near lows, falling in the red. >> that's right. telling lenders to set aside more deposits after the ♪ >> oil slides, saudi arabia says there may be no need for a cut. to reassess production numbers, while russia prefers a freeze to a cut. one of the world's most conservative investors finds
to ashber, china sent and lots into orbit for china's longest mission yet. astronauts into orbit for china's longest issue yet. the final frontier is still dangerous, and a long way off. alf an hour after lunch and 12 kilometers above the earth, systems failed. the mission was aborted, and the fate of its turtle crew is sadly unknown. that was tom mackenzie reporting. let's check shares of state-owned bank in india falling after the rbi tries to step in with cash controls. , punjabnk of india...
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Nov 8, 2016
11/16
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BLOOMBERG
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what about a trump presidency for china? you can add trade shock to the list of risks for china. implications for a trump or clinton win. japan is watching the u.s. election closely. are yen traders bracing for any impacts question mark we will discuss that and a whole lot more in the next hour. rishaad: the billionaire says his technology empire is running out of cash. haidi: he is doing something about it. doing about his cash flow problem? costs andrying to cut layingans he will start off some stuff and he will make his customers pay more for their products. tvs, theys and smart will have to fork out a little bit of extra to get those. he will refocus on the market he is already in -- india, america, russia, and china. rishaad: tell me something. what is affecting his business the most? what is going on? >> probably a mixture. a bit of a lack of demand. if you look at the top five chinese smartphone makers, he is nowhere near the top five. if you look at the new business they unveiled a new driverless car and the thing could not get on stage. becauset is interesting this memo
what about a trump presidency for china? you can add trade shock to the list of risks for china. implications for a trump or clinton win. japan is watching the u.s. election closely. are yen traders bracing for any impacts question mark we will discuss that and a whole lot more in the next hour. rishaad: the billionaire says his technology empire is running out of cash. haidi: he is doing something about it. doing about his cash flow problem? costs andrying to cut layingans he will start off...
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Nov 2, 2016
11/16
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BLOOMBERG
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to china? neil: i got a call after i had worked at citibank for two years and someone said, you have a yale background and you come from china. we want you in china help this chinese company to raise money. i decided, that is great. of thosetarting point chinese companies trying to raise money either from hong kong listings, u.s. listings, and i joined lehman brothers and worked on a number of chinese financing, equity financing. charlie: you were involved in a company that you helped build, in the expedia business. neil: that is right. i am proud of that experience. in 19 99, after working in the banking industry for over six years, i decided i would try something more entrepreneurial. i cofounded the company c-trip together with two of my friends. c-trip, meaning chinese trip. we try to learn from -- charlie: kind of an expedia china. neil: right. today we're almost the same size as expedia. with 16 years of history. it is a $25 billion plus market. charlie: you decided to go into venture cap
to china? neil: i got a call after i had worked at citibank for two years and someone said, you have a yale background and you come from china. we want you in china help this chinese company to raise money. i decided, that is great. of thosetarting point chinese companies trying to raise money either from hong kong listings, u.s. listings, and i joined lehman brothers and worked on a number of chinese financing, equity financing. charlie: you were involved in a company that you helped build, in...
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Nov 1, 2016
11/16
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BLOOMBERG
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china has a lot of local brands competing. china will be able to make acquisitions and takeovers as long as it does not compete directly with the parent company. this will also allow john yum brands to focus its market in the united states. haidi: thank you so much for that. is hugely popular within china. i do what is your favorite within the portfolio. colonel's chicken is magic. haidi: under investigation by the department of justice for accounting fraud. valiant continues in the spotlight in the tuesday wall street session after shares dropped sharply late monday on board -- word of a possible probe that is focused on the x ceo and ask cfo. --ex-cfo. the fbi has been investigating for at least a year and they say the investigation has to do with an accounting fraud sent to relate to the companies hidden ties to philidor rx services. the processor to be focusing on the ceo eiko pearson and ex-cfo howard schuyler. the company released a comment saying, we do not comment on rules of investigations. a say they cannot speculate
china has a lot of local brands competing. china will be able to make acquisitions and takeovers as long as it does not compete directly with the parent company. this will also allow john yum brands to focus its market in the united states. haidi: thank you so much for that. is hugely popular within china. i do what is your favorite within the portfolio. colonel's chicken is magic. haidi: under investigation by the department of justice for accounting fraud. valiant continues in the spotlight...
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Nov 3, 2016
11/16
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BLOOMBERG
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china. has allowed a steady increase in money market rates to squeeze liquidity. policy have started to tighten selectively. interest ratesrk have been on hold for more than a year. posted its lowest annual profit in five years. to $4.5fit fell 18% billion. earnings are under pressure after the bank restructures its businesses. rising badgling with debt charges and costs. told that the banks underlying performance is very good. >> what we are going through is a restructuring of anz. we have had a number of charges we took in the year, which have depressed earnings. underlying performance of our businesses this year have been good, and we are pleased. the reduction in profits is a deliberate action to reposition for the future. overnda: china's reforms state owned enterprises may be forcing companies to work with unexpected partners. china's unicom parents have agreed to collaborate with baidu. it is part of a plan to boost service levels of the mobile carrier. show a tight final stretch of t
china. has allowed a steady increase in money market rates to squeeze liquidity. policy have started to tighten selectively. interest ratesrk have been on hold for more than a year. posted its lowest annual profit in five years. to $4.5fit fell 18% billion. earnings are under pressure after the bank restructures its businesses. rising badgling with debt charges and costs. told that the banks underlying performance is very good. >> what we are going through is a restructuring of anz. we...
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Nov 17, 2016
11/16
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CSPAN3
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way for china to go that way. china is a driving force economically. there's no question about that. that may be the route that china will take to continuously bring this economic benefits through trade with the asian countries. but, militarily, china would be happy to see that the united states or donald trump to move away from this rebalancing and making a more extended military influence and presence. >> i may be trying to thread a needle here, but tying some of these issues together, i guess one of the points i want to emphasize is that words matter in foreign policy. and even if there is ambiguity in what president-elect trump has said at one time or another, sometimes in the same interview about what he would do in a region of the world, it seems like there's this presumption we're still in a unipolar moment that the united states is the superpower that matters and we can do what we want, but the rest of the world doesn't necessarily have to deal with that. they can form their own regional alliances or hedge
way for china to go that way. china is a driving force economically. there's no question about that. that may be the route that china will take to continuously bring this economic benefits through trade with the asian countries. but, militarily, china would be happy to see that the united states or donald trump to move away from this rebalancing and making a more extended military influence and presence. >> i may be trying to thread a needle here, but tying some of these issues together,...
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Nov 21, 2016
11/16
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BLOOMBERG
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it opens in china on friday. china's top microblogging network had a stellar year. shares have doubled in 2016. what can we expect from a report of third quarter earnings monday? its --onsensus exit or experts are to be believed -- look at what has been happening in terms of the revenue that is expected. $173 million. this is -- in at thed to come top end of the range. million is the number to beat. earnings beat revenue. earnings per share that is expected to be a record as well. versus $.11.e it could be a very good number indeed once we get these numbers after the bell. good news for the stock has not been doing well. why is that? >> it is a difficult to figure that out. no concrete reasons. the share price has doubled year to date right now. up 127 see it there come %. the share prices tumbled by about 20%. bear market territory. there could be some profit taking into this. not really sure on that. has been creeping into the market is something i wanted to show you on another terminal. let's head into the anr funct ion. in the top right you can see red in the ba
it opens in china on friday. china's top microblogging network had a stellar year. shares have doubled in 2016. what can we expect from a report of third quarter earnings monday? its --onsensus exit or experts are to be believed -- look at what has been happening in terms of the revenue that is expected. $173 million. this is -- in at thed to come top end of the range. million is the number to beat. earnings beat revenue. earnings per share that is expected to be a record as well. versus $.11.e...
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Nov 1, 2016
11/16
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BLOOMBERG
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separated andwe people thinking china is a china company reduces volatility and risk. jack ma owns kfc. i love that headline. it says this is a chinese brand. it's not a u.s. brand anymore. to greg creedanks own there on a day that yum! is close to its all-time high. coming up later, we will be um china ceo. the y mark: a deal to put u.s. newspaper companies under one roof has fallen apart. we will have the latest next. it's his bloomberg. ♪ vonnie: this is bloomberg markets. i am vonnie quinn in new york. mark: i am mark barton. vonnie: it's time for the biggest business stories in the news right now. pfizer missed estimates for the first time in three years. they reported disappointing third-quarter sales from drugs such as pain medication. the company ended four years of speculation. jobsrs is eliminating worldwide. they will take a charge of $250 million to keep reducing expenses. third quarter profits beat estimates. subscription businesses improved. we compete with them in providing news and information. usa today will not continue discussions to buy tronc. the
separated andwe people thinking china is a china company reduces volatility and risk. jack ma owns kfc. i love that headline. it says this is a chinese brand. it's not a u.s. brand anymore. to greg creedanks own there on a day that yum! is close to its all-time high. coming up later, we will be um china ceo. the y mark: a deal to put u.s. newspaper companies under one roof has fallen apart. we will have the latest next. it's his bloomberg. ♪ vonnie: this is bloomberg markets. i am vonnie...
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Nov 19, 2016
11/16
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CNNW
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coming to the south china and east china sea, this is a very, very big issue. president obama's strategy about the pivot towards asia, about building up military forces in australia, engaging more closely with allies in this part of the world, and also the tpp was a critical part of that, which was the economic part. and america cementing its place economically through trade with the east china sea. this is a region which sees something like 40% of the world's trade travel through. and what we've seen in the last two or three weeks is the president of the philippines really making quite a strong tilt towards china, and the malaysians are now going to china, as well. >> he said president obama can go to hell. his words "president obama can go to hell." >> and worse. the filipino president is taking the philippines much more into china's embrace, certainly it seems like it. and with the tpp dead, and for all intents and purposes, it is. but it does strengthen china. so economically what china wants is to control economically this region. and it's -- the task is b
coming to the south china and east china sea, this is a very, very big issue. president obama's strategy about the pivot towards asia, about building up military forces in australia, engaging more closely with allies in this part of the world, and also the tpp was a critical part of that, which was the economic part. and america cementing its place economically through trade with the east china sea. this is a region which sees something like 40% of the world's trade travel through. and what...
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Nov 2, 2016
11/16
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KCSM
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tsai repeated a call for the resumption of dialogue that china suspended. >>> two of china's stealth fighter jets made their debut at an air show in the country's south. the j-20 jets performed a series of maneuvers as beijing showed its newest military hardware to the public for the first time. chinese media say the plane has capabilities to avoid detection by radar and may be deployed as early as next year. they're expected to be sent to the south china sea. beijing has claimed sovereignty over much of the area. other planes featured in the show included the y-20 transport aircraft. china says it can carry large amounts of cargo and personnel. china's latest weapons systems and domestically produced drones were also on display. >>> the u.s. military says one of its ballistic missile submarines has arrived at a port in the western pacific island of guam. it says the visit demonstrates the u.s. commitment to its allies in the indo asia-pacific region. the u ss pennsylvania made port on sunday in the u.s. territory. such submarines are capable of carrying nuclear missiles and constitu
tsai repeated a call for the resumption of dialogue that china suspended. >>> two of china's stealth fighter jets made their debut at an air show in the country's south. the j-20 jets performed a series of maneuvers as beijing showed its newest military hardware to the public for the first time. chinese media say the plane has capabilities to avoid detection by radar and may be deployed as early as next year. they're expected to be sent to the south china sea. beijing has claimed...
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Nov 1, 2016
11/16
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LINKTV
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china says it can carry large amounts of cargo and personnel. china's latest weapons systems and domestically produced drones were also on display. >>> myanmar's de facto leader aung san suu kyi is visiting japan. she's expected to meet with prime minister shinzo abe on wednesday in tokyo. aung san suu kyi will also visit kyoto university where she once studied as a research fellow. she's also expected to call for more investments from japan to spur her country's quick growth. >>> japan has decided to sign an agreement on selling nuclear power plants to india. the deal is expected to be made official when narendra modi visited japan next week. japanese prime minister shinzo abe came to a basic agreement with his counterpart in india last december. the pact is expected to include a provision to prevent the technology from being used for military purposes. if india connects another nuclear test, cooperation would be halted. this would be the first civil nuclear cooperation pact with a country that has not signed the nuclear nonproliferation treaty
china says it can carry large amounts of cargo and personnel. china's latest weapons systems and domestically produced drones were also on display. >>> myanmar's de facto leader aung san suu kyi is visiting japan. she's expected to meet with prime minister shinzo abe on wednesday in tokyo. aung san suu kyi will also visit kyoto university where she once studied as a research fellow. she's also expected to call for more investments from japan to spur her country's quick growth....
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Nov 14, 2016
11/16
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KPIX
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for china. >> reporter: long time china watcher and finance expert michael pettis told us china could be in for a shock. >> china, don't forget, is already going through a very difficult process. the enormous growth of the last 20, 30 years has left the economy very distorted and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: the uncertainty is causing concern. if tariffs go up, china exports will go down said this man, a chinese int engineer and that will be bad for china. will that hurt china? >> one thing we know for sure is that the globally economy does worse. >> reporter: for now, china is adopting a wait and see policy. and chinese president xi jinping congratulatory message to donald trump, he said he is looking toward for a win/win relationship without conflict or confrontation. adriana diaz, cbs news, beijing. >>> coming up after your local news on "cbs this morning," donald trump and congress. we will speak with ho
for china. >> reporter: long time china watcher and finance expert michael pettis told us china could be in for a shock. >> china, don't forget, is already going through a very difficult process. the enormous growth of the last 20, 30 years has left the economy very distorted and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: the uncertainty is causing concern. if tariffs go up, china exports will go down...
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Nov 10, 2016
11/16
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KCSM
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during his visit to china in october. thai interim prime minister said his country's relations with the u.s. will remain unchanged. >> translator: we have been an ally with the united states for over 180 years. no matter what becomes president, i think thailand will have to move forward while balancing out its foreign policy. >> malaysian prime minister said trump won the white house, more focused on their interest and welfare and less embroil eed in foreign interventions. >> translator: i'm sure he will find the right way for the u.s. to work with other countries. i know him personally. it's not someone i'm unfamiliar with. >> u.s./malaysia ties have been strained as the u.s. justice department filed lawsuits in the wake of a massive financial scandal involving najib. >>> people in the atomic bombed cities of hiroshima and nagasaki are closely watching trump's nuclear policy. the president-elect once said he won't rule out using tactical nuclear weapons against islamic state militants. he also suggested japan could acqui
during his visit to china in october. thai interim prime minister said his country's relations with the u.s. will remain unchanged. >> translator: we have been an ally with the united states for over 180 years. no matter what becomes president, i think thailand will have to move forward while balancing out its foreign policy. >> malaysian prime minister said trump won the white house, more focused on their interest and welfare and less embroil eed in foreign interventions. >>...
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Nov 3, 2016
11/16
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CSPAN3
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not just china, vietnam. what is the overarching legacy of president nixon's foreign policy advances? >> well, first of all, he inherited a domestic situation, as has been pointed out, in which there has been assassinations, constant demonstrations and obsession with the vietnam war. he had put before the american people a vision and said we are about world order. and that's why we want to have relations with china and that's why we have prepared to talk to the soviet union. and europe also should look at it. i mean, these were his basic themes. and he had always been accused of being a war monger. once the policy got going, some of his critics were saying if nixon is for peace, maybe we ought to look at peace. maybe there's something wrong with peace. and suddenly found himself accused of being soft on the soviet union after having gone through -- ordering two alerts, one in 1970 and the other in 1973. and in the world, whether the people agreed with every large thing that we did or not, there was a sense th
not just china, vietnam. what is the overarching legacy of president nixon's foreign policy advances? >> well, first of all, he inherited a domestic situation, as has been pointed out, in which there has been assassinations, constant demonstrations and obsession with the vietnam war. he had put before the american people a vision and said we are about world order. and that's why we want to have relations with china and that's why we have prepared to talk to the soviet union. and europe...
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Nov 17, 2016
11/16
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KQED
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and china working together. but yes xi jinping came to power knowing there were lots of things chie you know was less successful inside than outside. >> rose: where is he more belligerent. >> when you try to sort of build up domestic support by plexing your external muscles. i think there's a combination of arrogance and insecurity. the arrogance may stem from the recommend informants of the 20078 financial collapse in the united states which made china feel our time has really come. the insecurity is xi jinping's realization of how many things threaten china's future from pollution to a sort of topping off of the economy's growth to the resistance and hostility of many of his neighbors. so one way to we've seen in many countries is sort of you stand up to the japanese. you stand up to the americans, you stand up to the filipinos. >> rose: nationalism stirs your own political survival. >> exactly. know very well the anti-japanese feelings in china are very easy to revv up. i think we discussed this before. let's
and china working together. but yes xi jinping came to power knowing there were lots of things chie you know was less successful inside than outside. >> rose: where is he more belligerent. >> when you try to sort of build up domestic support by plexing your external muscles. i think there's a combination of arrogance and insecurity. the arrogance may stem from the recommend informants of the 20078 financial collapse in the united states which made china feel our time has really...
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Nov 24, 2016
11/16
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CSPAN3
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and china and how can china and the u.s. make economy. thank you. >> you know as i shared with the vice premiere and the entire delegation, you know, the u.s. china relationship is one of the most important bilateral relationships of the still young 21st century and successful long-term growth in our respective economies and in the global economy depends on our two countries being able to address our challenges and work together and that's important regardless of the government of the day and over the last four years we demonstrated to ourselves that the reimagined has helped us to make progress but also it's helped us to deepen our relationship and better understands both perspectives as well as facts on the ground as ait relates to different issues and obviously this year we talked about digital trade and health care and we talked about travel and tourism as strategic issues so i think that we tried to identify places we could be cooperative and i think we tried to work through important differences but and there's always going to be th
and china and how can china and the u.s. make economy. thank you. >> you know as i shared with the vice premiere and the entire delegation, you know, the u.s. china relationship is one of the most important bilateral relationships of the still young 21st century and successful long-term growth in our respective economies and in the global economy depends on our two countries being able to address our challenges and work together and that's important regardless of the government of the day...
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Nov 18, 2016
11/16
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BLOOMBERG
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had and china, we just china property prices data coming through, pretty weak there, but still a lot of bids for these casino stocks. china out by 3.4%, a switch out from energy players. by around .3%. it had quite a good rally as we saw the won strengthened against the dollar. and newian zealand looking good, some next movement and terms of the other southeast asian markets. looking at currencies, it is about the yuan, the pboc weakening the yuan again. 6.910, a lot of analyst saying we could now see the onshore renminbi push towards that seven handle. the crudeook at price, some weakness as well, down by 1.1% at the moment. in terms of equities, generally looking good, especially the japanese equity market. rishaad: thank you. right, let's get the first word news. president obama says he won't try to stop the protests that have erupted against donald trump. he rejected calls to use his influence to rain and demonstrators. obama urged his successor to " stand up to russian president vladimir putin if he fails to meet international standards of conduct." >> my hope is the president-e
had and china, we just china property prices data coming through, pretty weak there, but still a lot of bids for these casino stocks. china out by 3.4%, a switch out from energy players. by around .3%. it had quite a good rally as we saw the won strengthened against the dollar. and newian zealand looking good, some next movement and terms of the other southeast asian markets. looking at currencies, it is about the yuan, the pboc weakening the yuan again. 6.910, a lot of analyst saying we could...
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Nov 22, 2016
11/16
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CNNW
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china. that was highlighted as the u.s. and china militaries had a cooperative venture. that is a change from the tension in the south china sea. that raises the question how will the relationship change with the trump administration? we will bring in matt rivers with more. we are showing pictures of the man made islands in the south china sea. china is building fixed aircraft carriers, if you will. fixed military installations. it raised concerns of the neighbors. it is an important and pressing issue to balance with china. we know china often security, economic and human rights, all this stuff is one subject for china. how donald trump will take care of that remains to be seen, matt. >> reporter: that's absolutely right. the south china sea is one of the big hot zones. one of the tension zones in the world in terms of geopolitics. we have not heard much from donald trump. post election and on the campaign trail. trump did not shy away from talking about china on the campaign trail. it was mainly rhetoric on the economy here. when it comes to the military, we didn't hea
china. that was highlighted as the u.s. and china militaries had a cooperative venture. that is a change from the tension in the south china sea. that raises the question how will the relationship change with the trump administration? we will bring in matt rivers with more. we are showing pictures of the man made islands in the south china sea. china is building fixed aircraft carriers, if you will. fixed military installations. it raised concerns of the neighbors. it is an important and...
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Nov 11, 2016
11/16
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BLOOMBERG
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terrorism fromt china and how it affects -- tourism from china and how it affects japan. that white line is consumption, including tourism. consumption excluding tourism, so you can see that the merchants. domesticwe have weak demand. these numbers continue to burgeon out of china into japan. getting to the market action. a bit of a mixed picture a cross asian equities today on what has been an extraordinary week. in are seeing that weakness emerging-market currencies hitting the market, particularly indonesia. down 2.2% at the moment. the philippines down by over 1.5%, and taiwan is being heavily sold off as well. financial players, the search for yield continuing, financial stocks leading the way along with energy producers, although we have seen a pair back in that oil price rally. the dollar's strength happening everywhere, a weaker yen, the nikkei up by .8%, so are a lot of positive momentum coming through export players in the region, weakness from some of those materials players that ran hard during thursday's session. in australia, upside helped out by that rally
terrorism fromt china and how it affects -- tourism from china and how it affects japan. that white line is consumption, including tourism. consumption excluding tourism, so you can see that the merchants. domesticwe have weak demand. these numbers continue to burgeon out of china into japan. getting to the market action. a bit of a mixed picture a cross asian equities today on what has been an extraordinary week. in are seeing that weakness emerging-market currencies hitting the market,...
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Nov 24, 2016
11/16
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and china and how can china and the u.s. make economy. thank you. >> you know as i shared with the vice premiere and the entire delegation, you know, the u.s. china relationship is one of the most important bilateral relationships of the still young 21st century and successful long-term growth in our respective economies and in the global economy depends on our two countries being able to address our challenges and work together and that's important regardless of the government of the day and over the last four years we demonstrated to ourselves that the reimagined has helped us to make progress but also it's helped us to deepen our relationship and better understands both perspectives as well as facts on the ground as ait relates to different issues and obviously this year we talked about digital trade and health care and we talked about travel and tourism as strategic issues so i think that we tried to identify places we could be cooperative and i think we tried to work through important differences but and there's always going to be th
and china and how can china and the u.s. make economy. thank you. >> you know as i shared with the vice premiere and the entire delegation, you know, the u.s. china relationship is one of the most important bilateral relationships of the still young 21st century and successful long-term growth in our respective economies and in the global economy depends on our two countries being able to address our challenges and work together and that's important regardless of the government of the day...
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Nov 25, 2016
11/16
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BLOOMBERG
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china business sentiment indicator. we can go to the terminal here on heidi's computer and see that to 53 point one from 52.2 in october. that is based on surveys of , some of the larger state-owned enterprises. we can take some minutia here and extrapolate and say stabilization was a plus to the upside. >> always a bit of reading tea leaves when we look at china data, but when we look at pmi, we look at two sets. these smaller, midsize private companies, official state-owned companies, so how are the small guys doing? >> you can look at the economy in the big and the small. if we want to look at small and medium-sized enterprises, they're doing ok, but in the worried.tors, they're they are worried about a trade war potentially with the united states and the whole state of play on a global trade. quickly, the standard chart from 55ce index falling to 56.1, so there is a little bit of weakness in expectations. current climate they say is ok, unchanged, but expectations dipping. >> i imagine i could take a big leg down. b
china business sentiment indicator. we can go to the terminal here on heidi's computer and see that to 53 point one from 52.2 in october. that is based on surveys of , some of the larger state-owned enterprises. we can take some minutia here and extrapolate and say stabilization was a plus to the upside. >> always a bit of reading tea leaves when we look at china data, but when we look at pmi, we look at two sets. these smaller, midsize private companies, official state-owned companies,...
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Nov 29, 2016
11/16
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BLOOMBERG
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what brings you to china? washina was somewhere that fantastic and really, just to come and explore and understand the government's stance towards sports and health and the will billing of the children in the next generation. -- and the well-being of the children in the next generation. tom: can you give us a few more details on your project? adding someight be video content possibly by 2017 and you might be looking to china to grow some of that business. >> yeah, there will be some video content now involving the way the world is going. we will make it fully video and soccer focused. but football is a key area that people are interested in. we wanted to come here and understand what the people here want. we wanted to push out the content, not around the live games, but people's comforts and more technical things. we need to understand what the people here bond, and then to be that provider of the content for the people here. we want to marry that. so, we really want to understand what people want and they are
what brings you to china? washina was somewhere that fantastic and really, just to come and explore and understand the government's stance towards sports and health and the will billing of the children in the next generation. -- and the well-being of the children in the next generation. tom: can you give us a few more details on your project? adding someight be video content possibly by 2017 and you might be looking to china to grow some of that business. >> yeah, there will be some video...
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Nov 29, 2016
11/16
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china can weather that for a long time. china's actions suggest increasing concerns. the decision to restrict fbi outposts for example suggest that the maybe pick up in the month of november and it seems to me that china is finding it more difficult, not less difficult to continue to prevent that differentiation. julie: in other words, if china is not going to be doing any longer -- or is going to be doing less manipulation it will be because of its own internal pressures and an inability to keep spending at that rate? remember, the element of truth in the argument is that china did engage in it -- in aggressive intervention to keep currency down for 15 years. china built up one of the largest reserve stockpiles the world has ever seen. it has built up $4 trillion in reserves. over 3 trillion. china can burn through a lot of reserves, in my view, without immediately being at risk of having too few reserves. but there is the question of whether china wants to do that and if the u.s. should want china to do that. i would argue that right now the u.s. would rather have c
china can weather that for a long time. china's actions suggest increasing concerns. the decision to restrict fbi outposts for example suggest that the maybe pick up in the month of november and it seems to me that china is finding it more difficult, not less difficult to continue to prevent that differentiation. julie: in other words, if china is not going to be doing any longer -- or is going to be doing less manipulation it will be because of its own internal pressures and an inability to...
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Nov 15, 2016
11/16
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we're opening nine routes to china. we are hoping to bring millions of chinese people on the holidays. >> chinese confidence was dented after the crash. have you recovered? great.covery has been i don't have enough seats to sell. what happened in the past is the past and we are all moving on together to try and build a great future for our airline in the country. >> how much support have you gotten from chinese government in your expansion plan? >> at local airports, the local aviationes, to the companies, it could not have been better. one of the heads of one of the airport said to me, malaysia airlines was the first airline that flew on many of the roots in china when they opened up to the international world. he wants full-service carriers, they don't have much interest in low-cost carriers, people want a business-class product, and i think we are vertically poised to capitalize. >> you also facing tough competition in your backyard. what do you make of the competition? >> i think we have incredible, titian from the
we're opening nine routes to china. we are hoping to bring millions of chinese people on the holidays. >> chinese confidence was dented after the crash. have you recovered? great.covery has been i don't have enough seats to sell. what happened in the past is the past and we are all moving on together to try and build a great future for our airline in the country. >> how much support have you gotten from chinese government in your expansion plan? >> at local airports, the local...
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Nov 23, 2016
11/16
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how does china when out in this? >> it helps china and what it is already doing. into the regional economy. it has already become the biggest trading partner for just about every country in asia. it has the silk road strategy, b, china moving ahead with its integration. one of the things that andy shay was talking about was china is donald trump coming into the white house, and for them, they can see this is negative news. this has been underlined in an editorial in the people's daily, saying that if there are frictions between the trump white house in china over trade, it's going to be a disaster. rishaad: andy shay was saying the trump presidency and the prospect of it is an unambiguous negative. we also talk about geopolitical issues, the south china sea, and what this means they. does this tpp withdraw mean they pivoted out of the region? >> one of the things and he was saying that even though you might see donald trump with the drawn from the economic platform of the rebalance towards asia, one thing to watch is his attitudes towards china expansion in the so
how does china when out in this? >> it helps china and what it is already doing. into the regional economy. it has already become the biggest trading partner for just about every country in asia. it has the silk road strategy, b, china moving ahead with its integration. one of the things that andy shay was talking about was china is donald trump coming into the white house, and for them, they can see this is negative news. this has been underlined in an editorial in the people's daily,...
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Nov 14, 2016
11/16
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KLAS
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. >> i think it would be very, very painful for china. >> reporter: long time china watcher and finance expert, michael pettis told us china could be in for a shock. process. the enormous growth of the last 20, 30 years. has left the economy very distorted. and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: uncertainty is causing concern. if tariffs go up, chinese exports will go down said this man. and it engineer. that's bad for china. will that then hurt americans? >> generally in a trade war, one thing that we know for sure, is that the global economy does worse. >> reporter: for now, china's adopting a wait and see policy. and chinese president ping's congratulatory message to donald trump, he said he is looking forward to a win-win relationship what conflict on confrontation. adriana diaz, cbs news, beijing. >>> up next, a travel blogger he has been around the world in >>> finally tonight, more than 2 million americans need a wheelcair to get around. but few have traveled as far as a wheelchair travel blogger n
. >> i think it would be very, very painful for china. >> reporter: long time china watcher and finance expert, michael pettis told us china could be in for a shock. process. the enormous growth of the last 20, 30 years. has left the economy very distorted. and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: uncertainty is causing concern. if tariffs go up, chinese exports will go down said this man. and it...
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Nov 17, 2016
11/16
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talking of china, china's holdings of u.s. treasuries at the lowest level as it draws down reserves to support the following yuan. what does the data tell us? >> more clarity than the skies of beijing. a further drawdown of u.s. treasuries and the fx reserves. it is when the pboc was trying fallingthe yuan from prior to the sdr inclusion. net selling of u.s. treasury total in september was $76.6 billion, $28.1 billion of that was from china august to september, so china now holds 1.16 train dollars in u.s. bonds , notes, and bills. is the pbocseeing trying to keep the yuan from falling too fast, but now we have seen the yuan fall as far as 6.88 yesterday. it is strengthening today. the indicates that authorities in beijing are allowing it to go weaker. rishaad: we have seen this weakness and saw today's fix, the 10th straight week, but then some strength creeped in. >> it was 10 straight days that they set the fixing rate weaker, but because of the weakness yesterday, 6.88, it was weakened by .3%, but it is strengthening today
talking of china, china's holdings of u.s. treasuries at the lowest level as it draws down reserves to support the following yuan. what does the data tell us? >> more clarity than the skies of beijing. a further drawdown of u.s. treasuries and the fx reserves. it is when the pboc was trying fallingthe yuan from prior to the sdr inclusion. net selling of u.s. treasury total in september was $76.6 billion, $28.1 billion of that was from china august to september, so china now holds 1.16...
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Nov 10, 2016
11/16
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BLOOMBERG
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-china cooperation in every field. at least china is taking a constructive approach, but you have to look at the future of tpp. that is probably out the door. you have to look at climate change progress. at defense look treaties that the united states has would japan, south korea, taiwan, philippines, to a non-degree, but if trump makes those countries pay a bigger portion of their security thosets, does that push allies more towards china, does china become more nationalistic, more questions than answers. rishaad: thank you very much indeed. those allies moregoogle says it has ao reach out to the next billion internet users likely to rely on smart phones for computing needs. more from the president of asia pacific operations in singapore, google officially opening its headquarters today. it is quite an opening there, isn't it? we are absolutely delighted. we are opening the office in a couple of hours this morning. isare delighted because asia becoming the center of the world and many aspects, center for decision-maki
-china cooperation in every field. at least china is taking a constructive approach, but you have to look at the future of tpp. that is probably out the door. you have to look at climate change progress. at defense look treaties that the united states has would japan, south korea, taiwan, philippines, to a non-degree, but if trump makes those countries pay a bigger portion of their security thosets, does that push allies more towards china, does china become more nationalistic, more questions...
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3.0
Nov 23, 2016
11/16
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BLOOMBERG
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expansion in the south china sea. i think donald trump would see that in almost a personal way. talked about how china's island the building in the south china sea was an affront to the american president, and there is implied criticism that the american president did not do enough to stop china from taking actions and the south china sea, so this will be an area to watch , particularly when you see donald trump pledging to build up the u.s. navy. rishaad: thank you very much indeed.
expansion in the south china sea. i think donald trump would see that in almost a personal way. talked about how china's island the building in the south china sea was an affront to the american president, and there is implied criticism that the american president did not do enough to stop china from taking actions and the south china sea, so this will be an area to watch , particularly when you see donald trump pledging to build up the u.s. navy. rishaad: thank you very much indeed.
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Nov 14, 2016
11/16
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KLAS
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. >> i think it would be very, very painful for china. >> long time china watcher and told us china could be in for a shock. >> china don't forget is already going through a very difficult process, the enormous growth of the last 20, 30 years has left the economy very distorted and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: the uncertainty is causing concern. man, an it engineer and that's bad for china. >> will that then hurt americans? >> generally in a trade war, one thing that we know for sure is that the global economy does worse. >> for now china's adopting a wait-and-see policy. in chinese president xi jinping's congratulatory message to donald trump says he is looking forward to a win-win relationship with donald trump without conflict or confrontation. >> quijano: up next a travel va logger with a unique perspective. he's been around the world in a wheelchair. perspective. perspective. he's been around the world in a wheelchair. blank whrang blanker blank and you've gotta switch to decaf. n, even if you di
. >> i think it would be very, very painful for china. >> long time china watcher and told us china could be in for a shock. >> china don't forget is already going through a very difficult process, the enormous growth of the last 20, 30 years has left the economy very distorted and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: the uncertainty is causing concern. man, an it engineer and that's bad for...
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98
Nov 27, 2016
11/16
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BLOOMBERG
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we are talking about big data, changing the fuse on china -- views on china. what are they doing with it exactly so they can more accurately forecast trends in china? >> that is right, the big data is coming from in a lot of cases the big companies. here that is often alibaba and baidu. information covers all kinds of things, but allies focused on , and onlineps purchases. when you start looking into that , you can find a lot of incredibly detailed and high-frequency information on all kinds of aspects of the economy, especially the consumer economy, which is getting more and more important to the economic growth picture here. so a couple of examples that are interesting, by do, everyone , you can baidu mavs track where people want to go. if you want to find out what kind of interests -- restaurants are doing well or not, what kind of places people are doing, in one instance, karaoke bars, you can find that. you can see who is looking for that and how often they are going. if you want to get a read on how consumers are going to be picking up new iphones, you c
we are talking about big data, changing the fuse on china -- views on china. what are they doing with it exactly so they can more accurately forecast trends in china? >> that is right, the big data is coming from in a lot of cases the big companies. here that is often alibaba and baidu. information covers all kinds of things, but allies focused on , and onlineps purchases. when you start looking into that , you can find a lot of incredibly detailed and high-frequency information on all...
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104
Nov 1, 2016
11/16
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CSPAN
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eye 104
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long history in china. we were blocked in china for many years and then we were unblocked in china. an a very long time, we had uneasy equilibrium. china had developed the capability and were able to block individual pages from wikipedia. almost all of wikipedia but they filtered certain pages. the pages they were filtering for the most part with the office once. anything having to do with tiananmen square. an artist who is very annoying to them. a man who won the nobel priest price. -- peace prize. they let most of wikipedia through. it was an uneasy truce but we made commitment that we would never cooperate, we have never dissipated in censorship -- participated in censorship. we cannot stop them but we have never made an agreement. there were overtures, they want us to come in to china and they offered to host us and we said no because we believe that fundamentally, the right to an encyclopedia is a fundamental human right. it is the equivalent of freedom of expression. whatever restrictions you might ex
long history in china. we were blocked in china for many years and then we were unblocked in china. an a very long time, we had uneasy equilibrium. china had developed the capability and were able to block individual pages from wikipedia. almost all of wikipedia but they filtered certain pages. the pages they were filtering for the most part with the office once. anything having to do with tiananmen square. an artist who is very annoying to them. a man who won the nobel priest price. -- peace...
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Nov 14, 2016
11/16
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KCSM
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♪ >>> as china experiences on going economic decline. housing costs in beijing now surpass those through new york. according to an april 2016 announcement, from the uk's business alliance, they have become the most expensive in the world. investors who have given up on stocks have returned to real estate investment. prices of newly built homes in 70 major chinese cities, have surged up to 60% in the last 12 months. somehow beijing is so costly, buyers cannot be found. property prices have gone up by more than 500 u.s. dollars per square meter in just over one year. the closer you get to central beijing, the higher the prices. the pricing units are almost $15,000 per square meter. the surge in crisis has made it challenging for people to buy their dream home. many are moving to the suburbs, in search of afford abable rent. the city's commute time is the second longest in the world. >> people from all corners of the country come to the capital in search of business opportunities. unless they are very successful, it is difficult to live her
♪ >>> as china experiences on going economic decline. housing costs in beijing now surpass those through new york. according to an april 2016 announcement, from the uk's business alliance, they have become the most expensive in the world. investors who have given up on stocks have returned to real estate investment. prices of newly built homes in 70 major chinese cities, have surged up to 60% in the last 12 months. somehow beijing is so costly, buyers cannot be found. property prices...
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Nov 26, 2016
11/16
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and china's trade relations. after a year of megadeals, does the new administration signal a change in the m&a pipeline? we'll discuss next. this is bloomberg. ♪ emily: trade continues to be a hot issue in washington. president-elect trump made clear this week that he plans to follow through on a campaign promise to unravel the transpacific partnership, a key policy of the obama administration. >> on trade, i'm going to issue a notification of intent to withdraw from the transpacific partnership, a potential disaster for our country. instead, we will negotiate fair trade deals that bring jobs and industry back on to american shores. emily: just last week,resident obama met with leaders who vowed to fight protectionist policies in peru. >> when it comes to trade, i believe the answer is not to pull back or try to erect barriers to trade. given our integrated economies and global supply chains, that would hurt us all. rather the answer is to do trade right, making sure it has strong labor standards, strong enviro
and china's trade relations. after a year of megadeals, does the new administration signal a change in the m&a pipeline? we'll discuss next. this is bloomberg. ♪ emily: trade continues to be a hot issue in washington. president-elect trump made clear this week that he plans to follow through on a campaign promise to unravel the transpacific partnership, a key policy of the obama administration. >> on trade, i'm going to issue a notification of intent to withdraw from the...
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Nov 4, 2016
11/16
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china is going to feel the effect. in america it feels like a very domestic story, but the implications are massive. bloomberg intelligence's chief analyst joins us. what are the differences in what these two candidates are saying in terms of the implications for china? tom: at one level, there's a core similarity. are goingon and trump into this election with a protectionist message. they are both opposing the transpacific partnership, which was obama's attempt to ram trade with asia. if you go beyond that surface similarity, this election could represent a fork in the road for the economic relationship between the u.s. and china. clinton represents a very much status quo. trump, if he follows through on promises to impose very steep tariffs on chinese goods, could have a very significant impact on the economic relationship, could see a big drop in chinese exports to the u.s. if china responds, that could also result in trade frictions which are no good by the country. will,ery briefly, if you some notes i've read sug
china is going to feel the effect. in america it feels like a very domestic story, but the implications are massive. bloomberg intelligence's chief analyst joins us. what are the differences in what these two candidates are saying in terms of the implications for china? tom: at one level, there's a core similarity. are goingon and trump into this election with a protectionist message. they are both opposing the transpacific partnership, which was obama's attempt to ram trade with asia. if you...
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Nov 1, 2016
11/16
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KQED
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may not work in china and vice versa. >> rose: does china have the equivalent of a silicon valley. >> i think you don't look at one single city. i think if you combine the cities of beijing, shanghai, shin jin and-- to some extent they're bigger than silicon valley, don't you think? >> rose: but think of what you just combined. >> exactly. and to some extent they are unique edge for certain sectors. like you have some wonderful manufacturing facilities. >> rose: right. >> some wonderful supply chains which are already in place. so for a consumer electronics company, you might have a better chance to be successful in china compared with here in the u.s. >> rose: so what do you advise american companies who first want to penetrate the chinese market what they sell cars or household appliances or whatever they sell. >> there is one important note here. 30 years ago if are you leading u.s. company, i think if you penetrate into the chain ease market, it is easy exercise. today the local companies are very competitive to you really need to think about whether you have an edge there. and on
may not work in china and vice versa. >> rose: does china have the equivalent of a silicon valley. >> i think you don't look at one single city. i think if you combine the cities of beijing, shanghai, shin jin and-- to some extent they're bigger than silicon valley, don't you think? >> rose: but think of what you just combined. >> exactly. and to some extent they are unique edge for certain sectors. like you have some wonderful manufacturing facilities. >> rose:...
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Nov 1, 2016
11/16
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and china. milan, u.k. and china. energy producers continue to report earnings and with oil trading below $50 a barrel, a stark contrast between british petroleum and royal dutch shell. we will break it down in today's commodities close. presidentiall the election, bringing an end to the most unconventional election cycle in recent memory. what there is still a battle to wage after november 8? markets close in just two hours. julie hyman joins us with the latest. julie: quite a bit of selling now come accelerating throughout the session. stocks are now at the lows of the day at the s&p and nasdaq are each down 1%. the dow off .75%. the s&p is down for a sixth straight session. it is at its lowest since july 7. also a broad-based selloff. all of theows that industry groups within the s&p 500 are trading lower. the interest rate sense that groups are doing the worst today -- utilities, telecom, cyclical groups like tech and consumer discretionary. that shows you the whole cell that wholesale selling. one of the potentia
and china. milan, u.k. and china. energy producers continue to report earnings and with oil trading below $50 a barrel, a stark contrast between british petroleum and royal dutch shell. we will break it down in today's commodities close. presidentiall the election, bringing an end to the most unconventional election cycle in recent memory. what there is still a battle to wage after november 8? markets close in just two hours. julie hyman joins us with the latest. julie: quite a bit of selling...
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88
Nov 7, 2016
11/16
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some lines from china. haidi: china is barring independent supporters from becoming part of the legislature. legislator hasop that hong kong people who advocate independence cannot hold office. about the oathg taking process article, 104, hong kong's basic law. beiceholders will disqualified if they refuse to take the oath, and will be disqualified if the oath is in safir. the oath must be complete. hong kong's public office holders will be disqualified if they don't do all of these things and refused to swear allegiance to hong kong and basic law. two relates to the case of young lawmakers. they are pro-independence or support self-determination for hong kong. they were voted for by the public, but when they were supposed to take their oath, they were voided because it was considered that they insulted china. they said hong kong is not china and miss pronounce the words "for china." china said it would discuss article 104 and make a decision on it, which it now has. proa says that barring independence lawm
some lines from china. haidi: china is barring independent supporters from becoming part of the legislature. legislator hasop that hong kong people who advocate independence cannot hold office. about the oathg taking process article, 104, hong kong's basic law. beiceholders will disqualified if they refuse to take the oath, and will be disqualified if the oath is in safir. the oath must be complete. hong kong's public office holders will be disqualified if they don't do all of these things and...
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Nov 1, 2016
11/16
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in china. reforms --e of those those are some of the reforms the chinese government putting in place. charlie: he went to school in china, then came to yale? you decided that when were really good and china, he would leave wall street and go back to china? >> i got a call after i had worked at citibank for two years and someone said, we want you in china help the chinese company to raise money. i decided, that is great. that is just the starting point of chinese companies rated money -- raising money. brothers andlehman worked on a number of chinese equity financing. charlie: you were involved in a company that you helped build, and the expedia business. >> that is right. i am proud of that experience. after working in the industry for more than six years, i decided i should try something more entrepreneurial. with twoed the company of my friends. c-trip, meaning chinese trip. charlie: kind of an expedient china. -- expedia china. >> right. today we're almost the same size as expedient. it is a
in china. reforms --e of those those are some of the reforms the chinese government putting in place. charlie: he went to school in china, then came to yale? you decided that when were really good and china, he would leave wall street and go back to china? >> i got a call after i had worked at citibank for two years and someone said, we want you in china help the chinese company to raise money. i decided, that is great. that is just the starting point of chinese companies rated money --...
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56
Nov 24, 2016
11/16
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this notion of more nationalistic focus in china around china brand is going to be a big deal. we will see a new iphone. i think it will be interesting, but it is so hard because the expectations are getting higher and higher and higher. i'm not sure they will be able to deliver up to it. i've seen ideas of phones they could theoretically do that would be amazing. i just don't think they can do it by next year. >> that's one point we have to make, give apple some credit rating they are doing a lot better than samsung. samsung really fell off a cliff. having been a dominant player three years ago. emily: the recall did not help, i'm sure. >> exactly. apple is doing worse than before but not half as bad as samsung is. emily: coming up, we will discuss why trump's stance on legal immigration has some in silicon valley bracing for the worst. more on that story. this is bloomberg. ♪ emily: in the lake of the -- wake of the election, concerns about president-elect donald trump's immigration policies are weighing heavily on the tech industry, which relies heavily on high skilled for
this notion of more nationalistic focus in china around china brand is going to be a big deal. we will see a new iphone. i think it will be interesting, but it is so hard because the expectations are getting higher and higher and higher. i'm not sure they will be able to deliver up to it. i've seen ideas of phones they could theoretically do that would be amazing. i just don't think they can do it by next year. >> that's one point we have to make, give apple some credit rating they are...
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Nov 11, 2016
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examinations. >>> chesapeake's -- china's singleal biggest shopping day. encouraging people to treat themselves. >> alibaba set up it's command center in the southern city of shengen. the figure surged to close to $5 billion in just one hour. that's more than a third more than last year's full total. >> i was planning to spend $1,300 today. i think it's a small budget. >> i can enjoy shopping without going to stores. i am buying everything i want today. >> online consumption in china is slowing it's domestic economy. >> sumo wrestlers get to grip this sunday after the tournament in southwestern japan. one young wrestler is a top contender. here's the report. >> reporter: his name means to shine. and the 22-year-old is a rising star. playing football to blow off steam, he's developing as a pro rikish pro wrestler. he holds his own in the ring. standing 119 centimeters tall and weighing 163 kilograms, he's knocking them down on a regular basis these days. >> i was able to keep my cool, not like the past contests, and i could feel the difference in my conditi
examinations. >>> chesapeake's -- china's singleal biggest shopping day. encouraging people to treat themselves. >> alibaba set up it's command center in the southern city of shengen. the figure surged to close to $5 billion in just one hour. that's more than a third more than last year's full total. >> i was planning to spend $1,300 today. i think it's a small budget. >> i can enjoy shopping without going to stores. i am buying everything i want today. >>...