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Jul 10, 2019
07/19
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CSPAN
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china's efforts to back -- china's strategic engagement in the south, region, bolsters china at the expense of regional stability. china's efforts to back oppressive governments and to such as the maduro regime and to , pump loans into local economies at unpayable interest rates reveal china's interest in spreading influence and consolidating power. as a result, latin america has become a fixture for chinese ambitions. utilizing economic coercion to grow support for chinese follett policy objectives [indiscernible] and the exclusion of the u.s. and canada from regional discourse. trade and economic ties between the united states and latin america are changing with china surpassing the united states as the main destination for exports from several latin american countries. china is also deepening military and technological ties in the region. for example, we have seen space related cooperation in brazil, venezuela and argentina. china has increased arms sales in a manner that violations -- that violates u.s. and e.u. restrictions and hinders our , ability to integrate with our strategic part
china's efforts to back -- china's strategic engagement in the south, region, bolsters china at the expense of regional stability. china's efforts to back oppressive governments and to such as the maduro regime and to , pump loans into local economies at unpayable interest rates reveal china's interest in spreading influence and consolidating power. as a result, latin america has become a fixture for chinese ambitions. utilizing economic coercion to grow support for chinese follett policy...
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china's choice in dollar belt and road initiative is moving full steam ahead in both china and its partners are benefiting it's only been a few years since the modern day silk road project was announced and already trading investments are up with some looking to get even deeper into the game alex may have joins us from toronto with more alex let's start with china where hearing remote areas of the country are experiencing a boom as part of the b r i what can you tell us. what china's northwest province of gansu is reporting that belton road project is just it's booming there a day that's a given their economy a major boost when you say remote and try to the province of 26000000 people have easily someplace else that's a lot but it truly is remote it's closer up to the moment goalie and border but here let's take a look at this map this will give you a better idea of this whole built in road idea and what it looks like so in this situation belt and road means belt it means roads and actually roads means shipping routes the project currently spans over 71 countries and there are in 3 continen
china's choice in dollar belt and road initiative is moving full steam ahead in both china and its partners are benefiting it's only been a few years since the modern day silk road project was announced and already trading investments are up with some looking to get even deeper into the game alex may have joins us from toronto with more alex let's start with china where hearing remote areas of the country are experiencing a boom as part of the b r i what can you tell us. what china's northwest...
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so call the china we call the mainland ok we are taiwan our mainland we together is that china is a one china war if you think the threats from china is so serious as one why do you european people all the people around the world are all the members in the e.u. try to work with china try to have dialogue with china try to solve problems it's true that you know that as well as i do it's a human rights record is their work and its trade and we can do that too apart from trade what exactly it is democratic time i was having common these days with one party communist china you have free elections yes you will change your party in power they don't you have independent courts they know you have a free press they don't you can speak out against abuses of power and they can't what on earth have you got in common with mainland china and. i think we should emphasize differences. go there work with them be their friends be their brothers and change that instead of being their enemies go there walk with them you can change like what are you were doing with them now what are you going to do a co
so call the china we call the mainland ok we are taiwan our mainland we together is that china is a one china war if you think the threats from china is so serious as one why do you european people all the people around the world are all the members in the e.u. try to work with china try to have dialogue with china try to solve problems it's true that you know that as well as i do it's a human rights record is their work and its trade and we can do that too apart from trade what exactly it is...
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within china so. there is obviously some hypocrisy there but it also goes back to the way you frame the language because when we talk about what happened in france we talk about the rioters when we talk about hong kong they're protesters but obviously the 2nd they broke in and the storm parliament. the protester what about the flag thing that's what i don't get ok i mean they it is universally internationally recognized as a one country there's we have these 2 systems one country is this a call to return to colonial rule well i guess that made it more inappropriate for the british to respond because by hosting the british colonial flag obviously that's a challenge to the return of britain's colonial possession and returning it back to china so for the british for he didn't have democracy they were a colony no ok i think. let me go back to markets here i mean this is what you know i find what will during here i mean they there are these protesters some of them very violent are are calling for a modicum
within china so. there is obviously some hypocrisy there but it also goes back to the way you frame the language because when we talk about what happened in france we talk about the rioters when we talk about hong kong they're protesters but obviously the 2nd they broke in and the storm parliament. the protester what about the flag thing that's what i don't get ok i mean they it is universally internationally recognized as a one country there's we have these 2 systems one country is this a call...
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Jul 30, 2019
07/19
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FBC
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and china is bearing the brunt of the effect. we don't need china. china need us. meanwhile our economy is strong, record low unemployment, wages are rising. we are hitting on all cylinders while their stumbling. we don't need a deal with chieba. there is a report out that china is trying to interfere in our elects. they started with the tariffs on farmers, putting advertising inserts into "the des moines register." they are doing everything they can to influence the outcome of next year's election because they know people like sleepy joe biden has been bought and paid for by the chinese would probably roll over, remove the tariffs and go back to business before. >> do you have any proof of that? you said bought and paid for. that's a big statement without any proof. >> hunter biden went over to china with his father when he was the vice president on air force two, magic all when he returns he gets a billion and a half dollars from the bank of china to invest in a hedge fund when hunter biden had no experience in investments. and the technology is being used in chi
and china is bearing the brunt of the effect. we don't need china. china need us. meanwhile our economy is strong, record low unemployment, wages are rising. we are hitting on all cylinders while their stumbling. we don't need a deal with chieba. there is a report out that china is trying to interfere in our elects. they started with the tariffs on farmers, putting advertising inserts into "the des moines register." they are doing everything they can to influence the outcome of next...
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Jul 30, 2019
07/19
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CNBC
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he is china. i should mention that ralph lauren they have taken their china manufacturing down radically. they have just -- i mean you get these quarters, you are talking about you are just amazed. like wow, look at those numbers. it is incredible he has gotten -- where the hello health is that. >> as restoration will try to do. >> restoration is pulling back ralph lauren was plus 40 in china. now it is low 20s. vietnam will fix that. >> now the pressure is on vietnam on their trade surplus and these answers to senate finance. >> people forget how well vietnam did against china in the vietnam-chinese war this the late '70s. people forget they had a war they are not friends they can deliver chinese manufacturers moving to vietnam. they are not going to let that business up, they are just moving it to another company this is an exciting time prok for, pock for. >> when we come back, beyond meat shares are down as the company announces the secondary. jim will let you know what to do with that, on wha
he is china. i should mention that ralph lauren they have taken their china manufacturing down radically. they have just -- i mean you get these quarters, you are talking about you are just amazed. like wow, look at those numbers. it is incredible he has gotten -- where the hello health is that. >> as restoration will try to do. >> restoration is pulling back ralph lauren was plus 40 in china. now it is low 20s. vietnam will fix that. >> now the pressure is on vietnam on their...
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Jul 15, 2019
07/19
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BLOOMBERG
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and china. i think while those talks are seem ongoing, they do not to be hopping face-to-face or with intensity at the moment, china will not inflame the situation by, so-called, weaponizing currency. you're pretty comfortable with the cmi ranging below seven for the moment. if there is a breakdown in talks and china or the u.s. decide to go to the next level, and have a currency to weaken, all bets are off, sores how that filters through to the as to how that filters through to the aussie and kiwi and so on. confidencecreasing we will see more easing measures. stronger than the trade numbers. today i will look at the industrial production uppers in particular. that down to 5% year on year spooked markets a little bit and we need to see recovery there is that principle of four handle today. temporarily we could see that you on weaken. but i think the authorities will be sure that it will not depreciate on anything can scale anytime soon. much, thenk you so head of fx strategy. you can get more a
and china. i think while those talks are seem ongoing, they do not to be hopping face-to-face or with intensity at the moment, china will not inflame the situation by, so-called, weaponizing currency. you're pretty comfortable with the cmi ranging below seven for the moment. if there is a breakdown in talks and china or the u.s. decide to go to the next level, and have a currency to weaken, all bets are off, sores how that filters through to the as to how that filters through to the aussie and...
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Jul 2, 2019
07/19
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BBCNEWS
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there is some dissatisfaction with china. a lot of young people feel the comparatively peaceful protest under the umbrella movement in 2015 has failed and that is why they are taking a different approach. a lot of the protest has been about alleged police violence where they feel police were using excessive force during the june 12 feel police were using excessive force during thejune 12 protest. they feel the government has not listened to them and that seems to be what is driving them. you seem to be what is driving them. you seem to be alluding to a generational divide between those who want to go further and are angrierand between those who want to go further and are angrier and the many who are protesting peacefully. that's right. what is quite telling with the young protesters and the graffiti they left, someone wrote it was you who told us peaceful protest would not work. but we did see the divide. some saying it might turn public opinion against you to take over the legislative council but some of the young one felt s
there is some dissatisfaction with china. a lot of young people feel the comparatively peaceful protest under the umbrella movement in 2015 has failed and that is why they are taking a different approach. a lot of the protest has been about alleged police violence where they feel police were using excessive force during the june 12 feel police were using excessive force during thejune 12 protest. they feel the government has not listened to them and that seems to be what is driving them. you...
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Jul 1, 2019
07/19
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our care about china, and i care about the united states. >> china is a state supported and firm in china. the energy business we do in china, do you know if those are state supported or state owned firms as well? >> some are, yes. >> okay. >> again, this is a new day under my leadership. >> i understand it's a new day. i appreciate that. i think the president brought some clarity about the risk china brings to this country. i think we should think about exim in the future and the role is plays in supporting chinese state-owned industries. we live in a world of nations. not that many of them, 220 or so. we don't have to write abstract rules to apply to every single one of them. we can apply rules to nations that are allies like korea. we don't have to write individualized rules for every country when you have china that poses a unique threat given their size, economy, military capabilities and leader stated intention. thank you for your testimony. >> thank you. senator menendez. >> thank you. madam president -- i thought i was going to get to use that term more often. but in any event, i
our care about china, and i care about the united states. >> china is a state supported and firm in china. the energy business we do in china, do you know if those are state supported or state owned firms as well? >> some are, yes. >> okay. >> again, this is a new day under my leadership. >> i understand it's a new day. i appreciate that. i think the president brought some clarity about the risk china brings to this country. i think we should think about exim in...
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same of that just say it's not just it's a china let's just stick with china why do single china until i'm not this is the whole point of the algorithms 7 half the time but have been talking glazes they know canceling hong kong hong kong people will apply the same standard no matter who is coming to make the requests be it united case united states united kingdom syria russia china we apply the same standard because this is what the model requires us to do and we would do it period but do you understand the purpose of extradition you would have those that what i'm saying but obviously you wouldn't you know what you want but your guess is that of throwing insults at me what's what's your guess about where this is headed with the hardliners in beijing try to teach hong kong a lesson you know or will they show that they're willing to learn from what's been ducking the facts say but it did not come from mainland i think the chief executive is explain very clearly that it was her own initiative based on the fact that she was asked by the family of the girl who unfortunately was murdered by
same of that just say it's not just it's a china let's just stick with china why do single china until i'm not this is the whole point of the algorithms 7 half the time but have been talking glazes they know canceling hong kong hong kong people will apply the same standard no matter who is coming to make the requests be it united case united states united kingdom syria russia china we apply the same standard because this is what the model requires us to do and we would do it period but do you...
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Jul 15, 2019
07/19
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BBCNEWS
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what about trade relations between the us and china. is this news put further pressure on negotiators to try to sort that situation out? i think there is probably a desire to get a deal but the politics of a deal have become more complicated. obviously in the 620, more complicated. obviously in the g20, president xi and president trump were able to agree and give some short—term certainty for industry. i think a lot of businesses and investors are concerned about the overall long—term trajectory, and that will certainly make businesses cautious in terms of long—term investment plans, capital investment, and so on. there is still a lot of uncertainty but the near—term outlook has improved a little bit. thanks for your analysis. staying with the trade war, let's now talk about one of the companies right at the centre of it, huawei. according to the wall street journal, the chinese firm is considering axeing hundreds ofjobs in the us after its operations were hit by the trump administration. mariko oi nowjoins us from singapore. ni
what about trade relations between the us and china. is this news put further pressure on negotiators to try to sort that situation out? i think there is probably a desire to get a deal but the politics of a deal have become more complicated. obviously in the 620, more complicated. obviously in the g20, president xi and president trump were able to agree and give some short—term certainty for industry. i think a lot of businesses and investors are concerned about the overall long—term...
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Jul 1, 2019
07/19
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BBCNEWS
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an annual march to commemorate the handover to china. in that march was dr man—kei tam, the director of amnesty international hong kong, about the violence building up in the latest protests. you have to understand the two group of people. the peaceful protesters and the small group of people using violence. one group and consistently having the same demand originally. the same demand towards carrie lam to withdraw the bill and investigate what has happened earlier in the protest about the use of excessive force by the police and also ask carrie lam and the responsible official to step down so they are very consistent under their demands on both groups. but we are looking at the images of the parliament building completely trashed by these protesters. many in hong kong will be waking up and wondering whether these young people, these demonstrators, have actually harmed their objective more than help it?|j think this is unfortunate that a small group of protesters used violence to achieve their aim but this is definitely notjustifiable
an annual march to commemorate the handover to china. in that march was dr man—kei tam, the director of amnesty international hong kong, about the violence building up in the latest protests. you have to understand the two group of people. the peaceful protesters and the small group of people using violence. one group and consistently having the same demand originally. the same demand towards carrie lam to withdraw the bill and investigate what has happened earlier in the protest about the...
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look littering metropolis brimming with confidence is the face of the new china an ambitious china with eyes clearly focused on the west. and the way there is the new silk road we retraced 2 routes overland and city from the chinese city of shenzhen to the german city of do sport. what lies behind china's grand ambitions what transformations will base root bring and how will these changes be felt in germany and western europe. i boarded a train from shenzhen headed west through the night in my restless sleep the sound of the wheels on the tracks conjures up the plot of the camel caravans that once traversed this route. the train is scheduled to arrive in didn't one at 6 30 in the morning. but it pulls into the station half an hour early. china has taken many by surprise in its hurry to reach the west. as day breaks in doing the sand dunes slowly emerge on the horizon as though they are born anew every morning. a lizard searches for warmth. the daily throngs of chinese tourists are about to arrive. there are camels here too an echo of the ancient trade route. they greet the crowd with pa
look littering metropolis brimming with confidence is the face of the new china an ambitious china with eyes clearly focused on the west. and the way there is the new silk road we retraced 2 routes overland and city from the chinese city of shenzhen to the german city of do sport. what lies behind china's grand ambitions what transformations will base root bring and how will these changes be felt in germany and western europe. i boarded a train from shenzhen headed west through the night in my...
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Jul 16, 2019
07/19
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CNBC
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start with the same three words. >> china, china, china. >> no. a florida man. >> is children's place a buy >> i believe it is we haven't had unusual activity in the name for almost a year, however. when it came down from about the 115 level, slammed down here to the high slammed down here to the high 80s, low 90s, maybe it's bounced to 96, 97, i like it here >> german town, tennessee, i believe. finally, a question for the killer for john in connecticut lockheed martin, more room to run? >> more room to run. this is an essential name. as we go into an election year, you will see more government spending in defense. we like lockheed martin, lmt >> there you go. likes that can children's place. meantime, natural gas, down more than 4%. seema mody and the futures crew prove they have your trade >> gas futures tumbling in the aftermath of hurricane barry scott and anthony are your trader what do you make of the big move >> it's getting killed nat gas is getting killed by the outlook, the weather outlook improving. it seems gas is coming down just as
start with the same three words. >> china, china, china. >> no. a florida man. >> is children's place a buy >> i believe it is we haven't had unusual activity in the name for almost a year, however. when it came down from about the 115 level, slammed down here to the high slammed down here to the high 80s, low 90s, maybe it's bounced to 96, 97, i like it here >> german town, tennessee, i believe. finally, a question for the killer for john in connecticut lockheed...
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Jul 25, 2019
07/19
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ALJAZ
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the theory that a strong country must seek hedger money will never apply to china no matter how china is developed in the future we will not threaten anyone neither will we seek spheres of influence nobu emotional there are still big gaps between china's defense expenditure and its demands of maintaining the national sovereignty security and interests complementing its obligations as a major power and maintain the progress of its own defense level we will continue to keep a proper and stable growth of expenditure. well the island of taiwan is self rules but china sees it as part of its own territory the u.s. has angered beijing by approving sales of weapons to the island this month sales worth more than 2000000000 dollars well china says it wants a lie the island to splits from the mainland will not leave much money we are willing to strive for the prospect of peaceful reunification with utmost sincerity and efforts however we have to be very clear that seeking taiwan independence will meet a dead end if anyone dares to separate taiwan from china the chinese army will certainly fight
the theory that a strong country must seek hedger money will never apply to china no matter how china is developed in the future we will not threaten anyone neither will we seek spheres of influence nobu emotional there are still big gaps between china's defense expenditure and its demands of maintaining the national sovereignty security and interests complementing its obligations as a major power and maintain the progress of its own defense level we will continue to keep a proper and stable...
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Jul 30, 2019
07/19
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BLOOMBERG
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sales in china not as terrible as some had feared. plus, the chairman of the chinese telecom giant huawei says there has been a dramatic slowdown in sales growth in the midst of the trade war. he hints at even tougher days ahead. capital one shares drop after a data breach. they say data on 100 million customers hacked. all of it stored on amazon web services. a former amazon employee has been charged. shares spiking after hours after reporting third-quarter results. revenue topped analyst estimates. apple saying it remains optimistic about potential sales of new iphone models set to hit the market in the fall. for more on apple earnings as they are unfolding, we are joined by max from bloomberg businessweek, with me in the studio. walk me through this. iphone sales missed estimates, services missed estimates, the forecast beat. what about all of these other indicators? is an interesting report. i would have said there would be no way they would be on top and bottom line. wearables was a big plus. they also used about $21 billion of c
sales in china not as terrible as some had feared. plus, the chairman of the chinese telecom giant huawei says there has been a dramatic slowdown in sales growth in the midst of the trade war. he hints at even tougher days ahead. capital one shares drop after a data breach. they say data on 100 million customers hacked. all of it stored on amazon web services. a former amazon employee has been charged. shares spiking after hours after reporting third-quarter results. revenue topped analyst...
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Jul 25, 2019
07/19
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ALJAZ
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the theory that a strong country must seek hedger many will never apply to china no matter how china is developed in the future we will not threaten anyone neither will we seek fears of influence noble emotional there are still big gaps between china's defense expenditure and its demands of maintaining the national sovereignty security and interests complementing its obligations as a major power and maintain the progress of its own defense level we will continue to keep a proper and stable growth of expenditure. well the island of taiwan is self rules but china sees it as part of its own territory the u.s. has angered beijing by approving sales of weapons to the island this month sales worth more than 2000000000 dollars well china says it wants a lie the island to splits from the mainland will not leave much money we are willing to strive for the prospect of peaceful reunification with utmost sincerity and efforts however we have to be very clear that seeking taiwan independence will meet a dead end if anyone dares to separate taiwan from china the chinese army will certainly fight r
the theory that a strong country must seek hedger many will never apply to china no matter how china is developed in the future we will not threaten anyone neither will we seek fears of influence noble emotional there are still big gaps between china's defense expenditure and its demands of maintaining the national sovereignty security and interests complementing its obligations as a major power and maintain the progress of its own defense level we will continue to keep a proper and stable...
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and china regarding that trade a conflict and that china you know that's not only a central government but also a local government invest a lot into r. and d. research and development and other companies side to us well so china actually at the moment has the highest highest stick with the rate of indeed and that this so far we would just say that's a successful. is it something the west has to worry about worry about there was a very even state that is setting the standards in fields like artificial intelligence and. facial recognition. the research it's safe it's i think it's a it's not to really identify any of a country and the question is how you would do use of the technology so far in a china and lots of areas are leading and as. mentioned a facial recognition i'm telling the eye of the i.t. sec to us and to these i think as a host should be beneath it but what we need to spoil the environment a friend world how we use that and i don't think that's would be pose any threat to the other countries and if the other western countries and china would call me chip corporate each other
and china regarding that trade a conflict and that china you know that's not only a central government but also a local government invest a lot into r. and d. research and development and other companies side to us well so china actually at the moment has the highest highest stick with the rate of indeed and that this so far we would just say that's a successful. is it something the west has to worry about worry about there was a very even state that is setting the standards in fields like...
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it's going to be like a little china town it just definitely is china. ya ya grew up in quite dark after studying in karachi he returned home for him the arrival of the china. spells an opportunity is it is it a clue that the state of the morning but that is what it speaks definitely you're walking in a new quad to your morning toward our future and there's a future god you're part of it. definitely on there you know following a member of this. this optimistic outlook can't be taken for granted in guatemala but for other people here peace and prosperity seem but a dream they fear they've been forgotten and will keep falling further behind. and they feel deep resentment of those who are proclaiming the arrival of a new golden future. in the world live but the chinese only care about their own interests they want to make a lot of money here they don't care about what happens to the poor to us maybe one day i know why yeah money arsenical good. they're taking everything. road our doesn't belong to us anymore they've taken the ocean from us the land there's
it's going to be like a little china town it just definitely is china. ya ya grew up in quite dark after studying in karachi he returned home for him the arrival of the china. spells an opportunity is it is it a clue that the state of the morning but that is what it speaks definitely you're walking in a new quad to your morning toward our future and there's a future god you're part of it. definitely on there you know following a member of this. this optimistic outlook can't be taken for granted...
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Jul 27, 2019
07/19
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CSPAN
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rolling in from china. we never had $.10 coming in. and i do not blame president xi. i blame our past leaders for allowing it to happen for so many years with the wto. china was totally fly line, and when the world trade came about and china joined the world trade, they became a rocket, because, you know, it was a very unfair situation that's took place at , soworld trade organization we will see. i do not personally care that much, because we are getting billions and billions of dollars. remember, people are paying for it. china devalued their currency, and they are pumping money into their society, into their country like you would not believe, because of quantitative easing. for us, we have a fed that does quantitative tightening, and they raise interest rates. president obama had no rates and he had no ties may, and we still have a much better economy than in his wildest dreams. so -- and there is something ok about that, but the fed acted too soon. i turned out to be. they acted too soon into violently
rolling in from china. we never had $.10 coming in. and i do not blame president xi. i blame our past leaders for allowing it to happen for so many years with the wto. china was totally fly line, and when the world trade came about and china joined the world trade, they became a rocket, because, you know, it was a very unfair situation that's took place at , soworld trade organization we will see. i do not personally care that much, because we are getting billions and billions of dollars....
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and china is going to improve. not anytime soon i think you have 2 very assertive nationalistic leaders even if president trump leaves in 2020 used to have a lot of democrats who are have a very dim view of china and of course in the case of president xi he may be able to stay on for many many years further we know his his policies are not likely to change anytime soon. and then one thing i'm also wondering then is if the policies aren't going to change what is the impact going to be on asia i think in asia difficult a lot of countries in a very difficult position china wants them to choose between the united states and china and so you see them call the middle i think roderigo to terror today in the philippines is a great example this is a country that has a military a defense treaty with the united states a close military relationship in the past most recently we see mr president to terra taste saying the chinese can come in and fish in their exclusive economic zone basically giving up saying i'm afraid of war wi
and china is going to improve. not anytime soon i think you have 2 very assertive nationalistic leaders even if president trump leaves in 2020 used to have a lot of democrats who are have a very dim view of china and of course in the case of president xi he may be able to stay on for many many years further we know his his policies are not likely to change anytime soon. and then one thing i'm also wondering then is if the policies aren't going to change what is the impact going to be on asia i...
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if china maintains the position, the supply chain will leave china, go to vietnam and other places and will not come back. you look at new car sales in china dropping by more than 15%. you look at the sales of domestically clothing dropping as well. they are in a tough position, the president used this opportunity to reset the stage to get us on a more level playing field for negotiations, and it is not just trade, but it's also is the world going to be safer? i know he would yutize that as well. -- utilize that as well. maria: i understand what you are saying from a national security perspective, this seems like this could be huge, but what about the china conversation? it looks like the president is lifting some of these pressures on huawei. we have been talking about the national security risk that huawei represents and that china in particular represents, broadly speaking, so what did the president just agree to with xi jinping? >> well, i have talked to the president couple days when he's been over there in the negotiation, i talked to him right before he went in with president xi
if china maintains the position, the supply chain will leave china, go to vietnam and other places and will not come back. you look at new car sales in china dropping by more than 15%. you look at the sales of domestically clothing dropping as well. they are in a tough position, the president used this opportunity to reset the stage to get us on a more level playing field for negotiations, and it is not just trade, but it's also is the world going to be safer? i know he would yutize that as...
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or institute the china study. first of all in. is the data in your view good or bad i think it's line with expectations most analysts have predicted something like 6.2 growth which is what we've got 6.3 for the whole quarter and this is in line with a longer term slowdown in china has been experiencing within the state growth targets of 6 to 6.5 percent how much can you blame those results on a trade war that well exports has fallen a little bit potentially because of the trade war but at the same time imports have been falling at a faster pace than exports and because of the way g.d.p. is calculated does actually means that the net export computer component of g.d.p. has been holding up quite well actually what's knocking off the most percentage point from growth is actually final consumption expenditure how much well can china take that if this trade war goes on and if this trade war escalates well i think china can has still has some reserves they have a large. a very large portfolio of foreign reserves the central banks in the
or institute the china study. first of all in. is the data in your view good or bad i think it's line with expectations most analysts have predicted something like 6.2 growth which is what we've got 6.3 for the whole quarter and this is in line with a longer term slowdown in china has been experiencing within the state growth targets of 6 to 6.5 percent how much can you blame those results on a trade war that well exports has fallen a little bit potentially because of the trade war but at the...
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Jul 15, 2019
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china. >> china's high-tech edge. >> we're just sort of hovering here. >> and the real reason it's investing billions in other countries. >> i think for our geopolitical motivations, there are economic motivations, there may be military motivations. hmm. exactly. liberty mutual customizes your car insurance, so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ if ywhen you brush or floss, you don't have to choose between healthy gums and strong teeth. complete protection from parodontax has 8 designed benefits for healthy gums and strong teeth. complete protection from parodontax. i get to select my room from the floor plan... when i book at hilton.com free wi-fi... ...and the price match guarantee. so with hilton there is no catch. yeah the only catch is i'm never leaving. no i'm serious, i live here now. book at hilton.com and get the hilton price ma
china. >> china's high-tech edge. >> we're just sort of hovering here. >> and the real reason it's investing billions in other countries. >> i think for our geopolitical motivations, there are economic motivations, there may be military motivations. hmm. exactly. liberty mutual customizes your car insurance, so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty,...
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Jul 16, 2019
07/19
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BLOOMBERG
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. -- gasarkets in china markets in china, it is still difficult for foreign companies to come in china and operate within china. petrochina and sinopec's still control the book of the acreage and i don't think it will change soon.e in valuation terms, i think petrochina will still be after significant shareholding in the pipeline company. i think worries around significant loss of value, ago too far? david: can i trust that the it will make will improve? as you mentioned, cash flow? >> the other question is, it might be a few years too late. should i look at a company like petrochina? we know that we can't look at it the same way as you would other companies because the decision in mighte capex not be the best choice? dr. beveridge: wenzhou return on capital is 4%, your cost of 10%, generally, you should be giving cash back to shareholders rather than reinvesting it. the question you're asking is, what is the incremental return on those new investments? again, there is nothing wrong with spending capital per se if it is a good return on investment. what petrochina is pushing towards is
. -- gasarkets in china markets in china, it is still difficult for foreign companies to come in china and operate within china. petrochina and sinopec's still control the book of the acreage and i don't think it will change soon.e in valuation terms, i think petrochina will still be after significant shareholding in the pipeline company. i think worries around significant loss of value, ago too far? david: can i trust that the it will make will improve? as you mentioned, cash flow? >>...
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china and u.s. managed to avoid an escalation of their multibillion dollar tariff war over the weekend the 2 world powers brokered a temporary cease fire trump promise to hold office to slap a new 25 percent tariff on $300000000000.00 in chinese imports and to list some restrictions on fall way and china agreed to buy american food and agricultural products while there has been no major breakthroughs and resolving the fundamental points of conflict this truce gets negotiators another chance to forge a more permanent accord markets and both china and the u.s. are rallying on the news but chinese official media outlets have sought to tone down expectations as a promise was met with silence from china there's still a lot of distrust by both sides and china warns that the u.s. has a track record of flipping and flopping and election campaign tricks are just a few factors that could alter the u.s. stance. for more with this and what came out of this meeting r.t. correspondent sara lunde has a oka joins u
china and u.s. managed to avoid an escalation of their multibillion dollar tariff war over the weekend the 2 world powers brokered a temporary cease fire trump promise to hold office to slap a new 25 percent tariff on $300000000000.00 in chinese imports and to list some restrictions on fall way and china agreed to buy american food and agricultural products while there has been no major breakthroughs and resolving the fundamental points of conflict this truce gets negotiators another chance to...
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Jul 4, 2019
07/19
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to meet china partway. instead it is one-sided, china needs to move, china needs to toorm, and an unwillingness recognize that the trump administration's protectionist measures, punishment of allies and security partners is not creating much of an appetite for countries to work with the u.s. or support the u.s. in the approach it is taking towards china, so u.s. political candidates in the u.s. more generally may find themselves increasingly isolated on the question of its approach to china. shery: what is the risk of multilateral organizations being paralyzed as it is blocking nominees to the wto panel? how does this increase risks as you are seeing different bilateral tensions on trade? >> it is a huge risk and we cannot underestimate the critical importance of organizations like the wto and dispute settlement that can-isms to uphold the economic order we have benefited from for the last 70 years. it requires countries to abide by those rules and participate by those rules. we need countries around the wo
to meet china partway. instead it is one-sided, china needs to move, china needs to toorm, and an unwillingness recognize that the trump administration's protectionist measures, punishment of allies and security partners is not creating much of an appetite for countries to work with the u.s. or support the u.s. in the approach it is taking towards china, so u.s. political candidates in the u.s. more generally may find themselves increasingly isolated on the question of its approach to china....
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new approach now by china the government in china is boosting its specially artificial intelligence what exactly are they doing and could that be a model for european companies it could be a model in some ways they there's a lot of state support that's one thing that is more problematic in europe than previously and a lot of it is used for security which may not be an ideal model for many european governments as well but at the same time there's a sort of a flexibility and there's an energy about the innovation sector in china and the way the tracks venture capital and the way money is invested that is definitely something that we could probably learn here in europe there are also challenges though that china is facing. i would rather well there's we've seen the the trade war is probably the chief form some of its national champions in terms of technological advance like qual way are under a lot of pressure and are from the us there's a lot of pressure on intellectual property and about where china is getting its ideas from i think china likes to absorb ideas that there is copying going
new approach now by china the government in china is boosting its specially artificial intelligence what exactly are they doing and could that be a model for european companies it could be a model in some ways they there's a lot of state support that's one thing that is more problematic in europe than previously and a lot of it is used for security which may not be an ideal model for many european governments as well but at the same time there's a sort of a flexibility and there's an energy...
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Jul 8, 2019
07/19
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and, making the great wall of china great again! why one of the world's most popular tourist attractions is getting a makeover. live from our studios in singapore and london, this is bbc world news. it's newsday. good morning. it's 8:00am in singapore, 1:00am in london, and noon in christchurch, new zealand, where it's been three months since a gunman killed more than 50 people in attacks on mosques. now, bbc news has found evidence of the alleged attacker‘s international links and a growing online network which the far right uses to communicate, largely unobserved by the security services. from vienna, our security correspondent gordon corera reports. he tweeted images of the weapons he was going to use. he posted his plans in an online forum, and switched on a facebook livestream for people to watch as he began. the christchurch attack was foreshadowed online, but it was missed by the security forces. brenton tarrant was allegedly acting alone. but he was connected to an international ideology, one which inhabits the darker reac
and, making the great wall of china great again! why one of the world's most popular tourist attractions is getting a makeover. live from our studios in singapore and london, this is bbc world news. it's newsday. good morning. it's 8:00am in singapore, 1:00am in london, and noon in christchurch, new zealand, where it's been three months since a gunman killed more than 50 people in attacks on mosques. now, bbc news has found evidence of the alleged attacker‘s international links and a growing...
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Jul 19, 2019
07/19
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versus china, i say, look, i'm not here to bash china. i'm not here to even ask you to make a choice. i'm here to talk about what's important to you and what's important to us and i think i know where you come from where you honor and respect democracy, rule of law, human rights and sovereignty. i look at those four representative variables and i look at the competition that you might to do business with. these other external state actors and i know where we stand. we're not the perfect people, but we work really hard at being good in this country, particularly in our military. we make mistakes, but they're usually mistakes of, you know, honest mistakes. i know where i stand on those four variables and where the competition stands on those four variable. when you buy into a product, are you prepared to buy in what might come with what kind of rule of law, what kind of respect for human rights? i don't see currently an indication that people are buying into that in a way that's corrupting them or causing them to stray from their commitment
versus china, i say, look, i'm not here to bash china. i'm not here to even ask you to make a choice. i'm here to talk about what's important to you and what's important to us and i think i know where you come from where you honor and respect democracy, rule of law, human rights and sovereignty. i look at those four representative variables and i look at the competition that you might to do business with. these other external state actors and i know where we stand. we're not the perfect people,...
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Jul 15, 2019
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numbers out of china. -- >> take a look at those gdp numbers out of china. let's have our last conversation about tech. you say 5g is a bright spot for the chinese economy. how so? >> other economies are blocking chinese technology firms to set up 5g in those economies. they have no way out. they have to focus on their home countries, home markets. this is the first thing. the second thing is some of the chinese tech companies cannot buy technologies from the u.s. and maybe later from other economies. i don't know. it seems to me that they are working even harder to achieve the goal of independent innovation. this all happened within china. they put this all together and they say it could create a china version of the 5g world. dave: what is the net impact on the economy? -- exports't really don't really contribute a lot to gdp growth. >> it is consumption. secondly, if you look at net export, it is a little risky. the net export can grow quarter on quarter. it is quite dangerous. this is the first thing.
numbers out of china. -- >> take a look at those gdp numbers out of china. let's have our last conversation about tech. you say 5g is a bright spot for the chinese economy. how so? >> other economies are blocking chinese technology firms to set up 5g in those economies. they have no way out. they have to focus on their home countries, home markets. this is the first thing. the second thing is some of the chinese tech companies cannot buy technologies from the u.s. and maybe later...
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china trade negotiations resumed the chinese scientists optimistic but what can we really expect from the talks in shanghai will speak to an expert. also coming up new worries and to buy as it warns new lawsuits are on the way over its weeks killa . and some 10 years after the global financial crisis and collapse of spain's real estate market madrid hopes for hundreds of thousands of jobs from a massive redevelopment project that will take a generation to build. but come to do that the business want to give jones good to have you with us and a new round of trade negotiations between the u.s. and china is getting underway in shanghai it's the 1st face to face discussions since the kosi asians collapsed back in ne washington and beijing has so far hit each other with punitive tariffs covering more than $360000000000.00 in 2 way trade the u.s. accuses china of unfair business practices including faith of intellectual property a few days ago trump threatened to pull rick recognition of china's developing nation status of the world trade organization prompting and irritable reply from beij
china trade negotiations resumed the chinese scientists optimistic but what can we really expect from the talks in shanghai will speak to an expert. also coming up new worries and to buy as it warns new lawsuits are on the way over its weeks killa . and some 10 years after the global financial crisis and collapse of spain's real estate market madrid hopes for hundreds of thousands of jobs from a massive redevelopment project that will take a generation to build. but come to do that the business...
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Jul 15, 2019
07/19
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investors also assessing the data we got from china overnight that showed china's economy has slowed to the weakest pace on a quarterly basis since 1992. i want to draw attention to the nasdaq index, the nasdaq golden dragon index, these are chinese companies that trade in the u.s.. these are companies that trade in the u.s. the real action in the bond market, we are asking the treasury rally to continue, yields tightening across the board. i mentioned bank earnings, -- weng this week, we had should be able to show you how they are performing. they were up in the premarket and now down. we have gotten a little bit as well. we had gone into the green and are now down .3%. this is a company that reported evercore drawing attention. saying that is pressure across the board. financials weighing on the s&p 500 overall today and volume is higher than average. we're only thing that in industrials. finally i want to mention autos. let's switch up the board. they are the weakest today. we are at ford and general motors declining. fiat is still in the green but big meetings this week. they are
investors also assessing the data we got from china overnight that showed china's economy has slowed to the weakest pace on a quarterly basis since 1992. i want to draw attention to the nasdaq index, the nasdaq golden dragon index, these are chinese companies that trade in the u.s.. these are companies that trade in the u.s. the real action in the bond market, we are asking the treasury rally to continue, yields tightening across the board. i mentioned bank earnings, -- weng this week, we had...
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and china in artificial intelligence yeah. but i'm wary about reporting yes it's germany's minister for economic affairs is getting a free ride in san francisco peter out my is visiting zeus start up that develop software for thomas driving a few clicks on the soup step and moments later the minister is off for a test drive in one of the start up self driving prototypes but for now he's taken the backseat to employees keep a watchful eye safety 1st of course just 20 short minutes later my hour reemergence and is impressed. that was the 1st time in my life that i was driving fully autonomous li through a city but it was really impressive what technology is capable of artificial intelligence and modern sensor technology which a lot of was actually researched and developed in germany i firmly believe that this technology will make tremendous progress in the near future and that's why it is important that germany states positioned in the front of these developments minister of my is visiting soups and handful of other companies in
and china in artificial intelligence yeah. but i'm wary about reporting yes it's germany's minister for economic affairs is getting a free ride in san francisco peter out my is visiting zeus start up that develop software for thomas driving a few clicks on the soup step and moments later the minister is off for a test drive in one of the start up self driving prototypes but for now he's taken the backseat to employees keep a watchful eye safety 1st of course just 20 short minutes later my hour...
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Jul 1, 2019
07/19
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but china now governs hong kong. so it is a complicated measure the protesters have said repeatedly that the officials are not responding to them they want the extradition bill withdrawn. and we should note that that extradition bill also applies to foreigners so if you are a foreigner doing business in hong kong and you are accused of wrongdoing, you could be extradited to china for trial, not in hong kong. and that is what began this protest. and as i said, we do have these marches every july 1st but this is the first time we've seen this kind of response to that anniversary, scott >> it's the 22nd anniversary, in fact, sue, of the hand-over by britain to china they've been calling for the resignation of the chief executive of hong kong, that's at the center of all of this, as you were, sue, describing it moments ago, the unrest and unhappiness with the government there. it has how it has sort of spilled into the streets and appears to be getting even worse than it's been >> it does, it seems that way from the pict
but china now governs hong kong. so it is a complicated measure the protesters have said repeatedly that the officials are not responding to them they want the extradition bill withdrawn. and we should note that that extradition bill also applies to foreigners so if you are a foreigner doing business in hong kong and you are accused of wrongdoing, you could be extradited to china for trial, not in hong kong. and that is what began this protest. and as i said, we do have these marches every july...
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Jul 2, 2019
07/19
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and china' and's, china has the biggest economy in the world. this divorce is going to get ugly compared to the divorce with the u.s. and the soviet union. there was no trade between the u.s. and the soviet union. rishaad: is that why these -- we saw in the beginning of may that chinagotiations between and the u.s. fell off. cryptocurrencies rallied and have rallied ever since. that is why you are here, we are here to talk about blockchain as well. >> gold went up 10% and down again. currency, you have to have no goods or services pricing. the price of bitcoin has fallen by how much? 30%. it is not a means of payment. not even the blockchain continents take it. with a visa system, you can do 25,000 transactions per second. billions of people are doing digital money. it is been low and paypal in the united states. they had nothing to do with blockchain or trade talks. this is the future of digital money. it is a failure. nobody is using it for any transactions. for atrading one coin nother coin. this is pumping and dumping, from running. it is a
and china' and's, china has the biggest economy in the world. this divorce is going to get ugly compared to the divorce with the u.s. and the soviet union. there was no trade between the u.s. and the soviet union. rishaad: is that why these -- we saw in the beginning of may that chinagotiations between and the u.s. fell off. cryptocurrencies rallied and have rallied ever since. that is why you are here, we are here to talk about blockchain as well. >> gold went up 10% and down again....
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china has a lot of influence there. their foreign policy is run by china. there are chinese garrisons there. they are worried about this happening quicker. they are worried about the prospects of democracy and economic freedom. people are very, very unhappy. this extradition bill obviously set them off but i'm supportive of peaceful protests to express themselves but i hate to see this sort of evolve into this sort of a melee. neil: i'm just wondering, we always fear a link past historical events that might not anything to do with this one, tianamen square, peter, authorities after demonstrations were going on, we get your point, you can break up, they refused to break up. there was a point which the military intervened and quashed that. hundreds, maybe thousands were killed at the time. we hope it doesn't jell into something like that. they don't look like a group that is sort of disbanding? >> we've seen protests in the past. like i said there is a tremendous amount of social tension and concern of the hong kongers about their future and rightfully so. ho
china has a lot of influence there. their foreign policy is run by china. there are chinese garrisons there. they are worried about this happening quicker. they are worried about the prospects of democracy and economic freedom. people are very, very unhappy. this extradition bill obviously set them off but i'm supportive of peaceful protests to express themselves but i hate to see this sort of evolve into this sort of a melee. neil: i'm just wondering, we always fear a link past historical...
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Jul 30, 2019
07/19
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the china open is next. this is bloomberg. ♪ >> welcome to "bloomberg markets: china open." 'm tom mckenzie. david: compromise scenes in short supply. yvonne: the decision may rest on how policymakers see the fed move later on. tom: mexican president lopez obrador speaks with bloomberg exclusively.
the china open is next. this is bloomberg. ♪ >> welcome to "bloomberg markets: china open." 'm tom mckenzie. david: compromise scenes in short supply. yvonne: the decision may rest on how policymakers see the fed move later on. tom: mexican president lopez obrador speaks with bloomberg exclusively.
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demands from china. okay, we have hit the restart button, but we once this, this and this. are they in a position to be making these sort of demands? >> well, not really, charles, because right now you look at the numbers that have come out from the chinese economy from may, imports down 8.5% year on year, that's a real indication of softening demand. their consumer numbers are not very good. the first indications from june on the manufacturing sector show a contracting economy. so, you know, they are not in a good position, but they think they can bluff president trump and by getting trump to back down on huawei, at least part of the way, i think that they're saying yeah, we can intimidate the united states. charles: but president trump still has -- he still has the strongest position. >> oh, clearly when you look at what's happening inside of beijing right now and xi jinping's political problems and those demands on the united states that china is making, they are in no position to enforce them if trum
demands from china. okay, we have hit the restart button, but we once this, this and this. are they in a position to be making these sort of demands? >> well, not really, charles, because right now you look at the numbers that have come out from the chinese economy from may, imports down 8.5% year on year, that's a real indication of softening demand. their consumer numbers are not very good. the first indications from june on the manufacturing sector show a contracting economy. so, you...
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Jul 15, 2019
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the latest on china. coming up, this year, amazon is celebrating prime day with a little help from hollywood. how the e-commerce giant is using star power to increase buzz amid increasing competition from rivals. we will go to that story next. this is bloomberg. ♪ amanda: this is "bloomberg markets." i'm amanda lang in toronto. shery: i'm shery ahn in new york. discounted pressure cooker's and gadgets are not enough for amazon to stand out anymore in the competitive retail space. the company now tapping kobe bryant and other celebrities to create buzz for prime day. in theiring mainstream marketing techniques. what is happening? >> an interesting phenomenon. prime day is now in its fifth year. historically, amazon would use the event to tout its own devices like the echo speaker, then a big emphasis on groceries after they acquired whole foods. they are leaning on celebrities this year. when you look beyond that, there is nothing new or novel amazon so to promote for itself, instead is leaning on the ce
the latest on china. coming up, this year, amazon is celebrating prime day with a little help from hollywood. how the e-commerce giant is using star power to increase buzz amid increasing competition from rivals. we will go to that story next. this is bloomberg. ♪ amanda: this is "bloomberg markets." i'm amanda lang in toronto. shery: i'm shery ahn in new york. discounted pressure cooker's and gadgets are not enough for amazon to stand out anymore in the competitive retail space....