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tv   CCTV News  PBS  April 11, 2014 5:30am-6:01am PDT

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and he loved you. we will this program is brought you by. critically. waste from norway's mainstream crews were lies. the herd exploring one thousand miles of norwegian coastline the report include counters and access to wilkinson. he
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says. above is a joke consumer prices in china rise two point four percent annually for the month of march. that's just below expectations while producer prices continue to fall for the twenty fifth straight month. asian shares but the friday of a down note that the carnage from the wall street overnight and all the final day of the twenty fourteen while forty four age of financial reforms take center stage it is to get on cctv news i'd like a walking stick. first up china's consumer price inflation increased two point four percent in march she on your wall factory prices continued at the plate indicating weak demand as well as a cooling economy much is two point four percent cpi reading was more than two percent increase we saw back in february to just below the median forecast for stu prices led the gains though analysts use a food inflation is showing signs of moderating. the first quarter of twenty fourteen though
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the consumer price index climbed two point three percent annually. below this year's government target of around three point five percent. meanwhile producer prices was down in annual terms for the twenty fifth straight month dropping two point three percent that it was slightly more than expected. but one research note to say the prices of goods in china will remain stable for twenty fourteen let's listen in on that. and with ganache i didn't go so far no monetary policy tone down into the new government increases went on to leverage its a liquidity conditions will an awesome collection of fast growth in prices of goods in the second lead when prices are going down as the stasi farms are and the economy will stay in a reasonable range with a sufficient supply of goods and all these prerequisites that the prices of goods will not going on were down significantly this year meanwhile the people's bank of china but of course is china's central bank says will gradually back off from regular intervention in the country's foreign exchange rate the central bank's governor miss a dose of one says the move is an
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effort to pursue a more market appointed to one exchange rate mechanism. this is joe said that the on going well for the creepy boc will use monetary controls but stands ready to provide economic stimulus when and if the growth the rails. joe also says that keeping the inflation rate loans the banks primary task and that's followed by growth jobs as well as the balanced and rational penises than in the quarter. well china is taking additional steps to open its financial markets authorities say they are setting the mechanism that would allow shanghai as well as hong kong investors to both use the chinese yuan has settled into investment in each of the stock markets it's possible to that investors could buy and sell the same stock in the same day regulators continue be the first to redesign time is kept to a landscape after committing some high paced investors to trade hunk of scott's advice marseille officials say the move could condense the use of many in the village idiot least the chinese un peacekeepers settlement currency for
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the partition outside hong kong connect. in addition research is underway to allow investors to buy and sell the stocks on the same day she show. the fish inside the new program is not opposed to the car and to keep program which allows supported by foreign institutional investors to buy and sell chinese stocks joe show tried to tie the central bank governor said the two markets will complement each other julie given up on anthony's hong kong is a global one and went on my cheeks. we have many international peers high speeds on the recognition is a sophisticated. many companies in the town its reliance on with the ball opportunities to disease time is interviewed use of high treason and upwards its kind in the group in georgia in class. csl to be cut from the syllabus. officials welcomed the two way investment program saying the everett decision will be up on lost its status as the global financial hub they're also looking for ways to cooperate with shenzhen stock markets which hosts china maker startups and grow companies me get
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cctv. then chun also sees restrictions on the overseas investment of its domestic companies. that's the latest work in the country's national development and reform commission the commission says the move is another step in cutting government red tape as well as facilitating the growth of private investment. as of may th this year chinese companies plan to invest less than one billion us dollars will need only to register with authorities from the cd in drc approval. the central government promised in november to simplify administrative controls as well as limit its management of micro economic issues with the approval times have dulled the competitive edge of privately owned chinese companies in overseas acquisitions because foreign companies can simply move faster. also overseas targets are often also reluctant to work with non state chinese companies due to uncertainties that those deals might not be approved prior to the regional markets now which imposed by the board to look on how asian shares closed on friday and jim foley was a card it's like i said earlier loss to overnight in the transportation yet there
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is no where he confesses in his cape. china stocks drop tracking down the benchmark index from a seven week on declines in technology companies offset gains by consumers they push as the summit comes in at six two dozen percent to two thousand and one didn't fit the not too bad still for the week picking vegetables a staggering three and all percent stocks rally a phone call in show night yesterday off to china said he would allow a combined twenty four billion yuan about three point eight billion us dollars a deadly cross border trading in equities. didn't they showed china's inflation accelerated in march well defined factory gate prices deepens the charm and indexing one point two five percent of u s peers who bowled yesterday on concern that valuations for tech shares of june on. along the mainland markets we tend to change the interim high at the fine ageing. today is a bit tepid but it's been a friend's house to greet us and takes us about some interesting news today. well yes if if if the rain and
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growth but march economic data clearly shows that flow down and the government in china dashing any hopes everything really felt i really wonder if the market will be able to keep the game did this week. today as you pointed out cpi is not big but producer price index cpi dropped two point three percent in some think that couldn't be showing up on demand going forward. but bucking the trend at any bank rose seven percent thanks to news that it signed an agreement with the local property agency and that deal with how fitting then that more deals with first time property buyers to come ryan's aunt jane bands compete well for those loans is also being a week but hopes of small caps a monkey at the knees. cancer is more about this week's developments. in this weekend this inconvenient laurie mention that mainland chinese and how residents will eventually be allowed to invest in each of the stock market today bt said it would
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rather use restriction on overseas than in age so investments by local firms and feel better under a billion us dollar would need approval by the economic sanity and drc. i'm going forward that really helped me to oversee them in a faster a time when more and more chinese companies are buying foreign brands competing for companies with technology in twenty thirteen on financial and foreign direct investment rose seventeen percent over nineteen billion dollars according to the ministry of commerce so i guess we can expect to see more deals to talk about them going forward and come back to you can give you the easy thing to watch jimmy for us to have a very good weekend. joe cole now and stones and found the hands and lost about eight us cents to twenty three thousand and three paul was just a moment of twenty three thousand line is retreating from a remote time he has in china enterprises index also known as the h share index dropped two percent. the city's best all criticized as much as
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thirteen percent. resuming trading update on the style yesterday home built transfer across for the chef investing through phone call and john hiatt has an odious decline of the u s technology companies sell off resumes that's out across two phone call and speak was soon on theory and got to sit in a hong kong shares had a good run this week but it seems like all good things must come to an end. i knew that sent on the china enterprise index has clobbered today suffering its biggest sell off in two months after the announcement of the cross border stock investment plan analysts say investors are selling its shares to try and narrow the gap in prices between a hong kong and shanghai king and in china life for the big losers in hong kong today. meanwhile the hang seng was also under pressure though not as badly as the china enterprise index that banks took a beating the big four banking pack fell sharply. investors also got rid of gambling stocks
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energy stocks the telco crown crashed by then a half percent while china's shen what tumbled nearly two and a half percent and now for a look at the final tally the hang seng dropped the hands of a percent while the china enterprise index tumbled nearly two percent or a hundred and ninety three points and bong surreal call from brokerages on standing to benefit from that cross border investment proposal the local exchange has got to be a big winner. well i know this from tnt parra bought and mizuho securities certainly think so jane fonda to upgrade tech shares to a buy on the expectation of increased trading revenue according to bnp each tx is daily average turnover could rise as much as nineteen percent. it may not investors use up the entire daily quota of ten point five billion yuan in cross border announcement is good news with hp acts which has been facing challenges like dwindling new listings from chinese companies and rising
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costs on the etf shares are some twelve percent today and were the best performers on the hand saying by a mile and that's the latest round hong kong back to you that much surprising phone call to japan now a terrible exciting day to read about the terrible trading week the nikkei tumbled two point four percent to thirteen thousand nine hundred and sixty closing below the fourteen thousand mark for the first time a call to get them up the sentiment was underlined by the yen's rise and have been on heavy doses of wall street for the week the nikkei fell as much seven point three percent export a straight role in iraq as the men rose to one hundred and one point six the us dollae logo is one hundred to five pm on thursday us dow jones fell one point six percent nasdaq down about three point one percent selloff of technology and all attacked the shoes qb kellen jones us
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live from tokyo to obese people is in japanese stocks was the nikkei launching its biggest weekly drop in three years was an insane about this well it didn't look clearly the boj see in action this weekend gov article called us hawkish comments had a lot to with in the case of a steep fall. today we hear the cheering from foreign investors are that they are increasingly losing faith in economics health fund manager at being viewed as a menace with us as four players are losing interest in japanese equities. ever since premier says she's all they made a controversial visit to yasukuni shrine media reports of focus more on his foreign policy and so does the economic policy and there's a growing frustration over the fact that the third arrow at the dallas has not been shot yet the media are also disappointed that the boj is not taking action either and that calls for additional easy are receiving very quickly of a strategist
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at mitsubishi achieve morgan stanley doesn't sound quite optimistic he says given that the falls in japanese stocks are largely affected by weak us stocks. they could not come back once investors confirmed that us earnings look healthy. he thinks the lowest of the nikkei can go is around thirteen thousand five hundred to you and most of the boj policy you get mentioned how stupid i was very hard case and the bank of japan the next day i read these minutes of this policy board meeting in march. what are some of the key issues. march is when the boj get monetary policy and and its economic assessment and change. it also lowered its beauty its assessment on exports the board members agreed that this boy that was just temporary. due to sluggish exports in rich economies of the cold weather in the us but some also pointed out that there might be a strong role of change happening in japan for many companies are shifting their production bases overseas so they raise concerns that exports michael t t we the board
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members also said they're going to observe the impact of the sales tax hike but the grass generally sounded positive about the price for the price outlook and noted that the price gains are happening at a faster pace than what the boj is predicting that's why the board sought no need to spread this to most renowned than that suggests the beauty song no pressing need to be the sister of what you think of it still is the case as effective policy on hold this week but investors generally are largely frustrated by that of the league average falling sharply lower today to hang out again next week in the conference in tokyo before i go quick look at some of the major shavings this and this product
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the red. the plot seemed to stall off the car making us tech shares of the night mike he saw me this is my considered that as a good bowling point potentially plan that did was eat things that info. meanwhile looking ahead for next week investors will be watching for china's first growth figures for the year twenty fourteen china's key when gdp is out on april the sixteenth. you are chinese telecom giant zte will also release its results and loss of a snapshot of inflation in india. the week
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for many asian markets but there's no shortage of market moving it back. all eyes will be on china's first growth the reading of twenty fourteen on wednesday premier naked john had dashed hopes of any major stimulus despite weak economic data. he stressed that job creation will be the government's top priority even if growth comes in slightly below the official target of seven percent. a qantas bought by reuters they're expecting first quarter growth to slow slightly from the year before to seven point three percent when the world's biggest election in full swing in india. investors will also be keeping tabs on inflation gauge on tuesday. economists are still predicting a slight pickup in both consumer and wholesale price growth despite efforts by india's so called rockstar central bank governor to read prices and inflation is the hot button issue on the minds of many voters in the polls and one of the reasons that the congress party look set to lose all faith in me. on
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thursday we get earnings from china's second largest telecom equipment makers the t e the company's expected first quarter net profit to more than double in part due to the role of the four g telecom networks in china. twenty of the twenty analysts polled by reuters get it shares a thumbs up. and just reminder folks can always catch us on twitter and facebook as well as on see no way before all the stories that we're tracking or content or homepage at english dun seem to be done see in port clinton full episodes of our programs as well headed for shore break but talk about the last day of the blah forum we return fan. sells
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steve. the next till the twenty fourteen while ford has entered its final day in the heated discussions to continue our reporter in question is at the scene but stiffen her about the key topics for today. the selloff
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on today's bout china us relations some cbt largest economies in the roads are you the years come edition but now thus the us and falling relationship. but one thing for sure. the two sides need each other there too much converging interest especially in the business community and a lot of potential for further economic cooperation in the service sector as the last new technologies and kept a low pitch in the two sides also be a major correction in the future and even pastor lot of capital flowing from the us to china but in the future are likely to see more and more chinese capital flowing to the us china has a mass of foreign reserves and is going to become a major capital outsourcing country in the future. however the two sides meet in deep end dare to ask and necessary sensitivity of the chinese investments in the us backed
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it. once in there for us that while foreman also high on the agenda today at the forum is global financial reforms was pointed out the form that while the world focuses on recovery unemployment as well is that not much attention is given to financial market reforms. gary par vice chairman of lazard a leading american investment bank discussed what more needs to be done. world is a safer place than it was seventy years ago things have more capital on a global basis there's more capital to protect against risk. there are less risky assets on banks' portfolios. so those are both very important changes. it's still very slow in being implemented so for example the financial crisis began in the united states the new laws in the united states fall under a law made on crank. and only half of the morning and asking united states after five years of work only half is implemented so there's a lot more to be done. in europe there's still
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a body regulatory it's still very early days and changes to do with their financial crisis. so there's a lot of work to be gone beyond couple and on some amount of reduction of risky assets those who are good changes the banking system and on the sidelines of the ball for a more boyish and also sat down with shelley being founding dean of the telecom graduate school of business is about to jump all the question about for the opening of china's economy as well as promoting understanding between businesses the whole country like china as a last second largest gdp come together. i think what we need to be mocha mobile the sense that we read it too. more about global issues. engage yourself after they come. i feel the challenges now and as you know are the ways people think all we chinese are mythic much i could not not not allow greater community i think of the dvd
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the committee that sounded really well in time. china's economy. in the movie cars you can see here. my muscle my most diverse economies are earth. it also our economical but this has been the same show. full time as economic progress so far this morning. mr also backside emphasize his point. now i think i will continue to reform. continue to become all. and in different cultures that vital for businesses to compete in the global arena. in your opinion how russian chinese and crisis battered communicates with the outside world. one of the concern of the international community testing. you know what i mean twice the time to seek out economically. tell us what you represent your back you cannot explain not well in a tree with conceited you
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china for flights to china he is right now. we thank you your rights in china were four percent rate uncertainty from the sun is very natural fall fall fall. international friends think that what i think o recently and i'm sure the person she's a visit to europe. i'm a speech by our prime minister. a spell of reason while critical thinker i think as you know the tv chinese. the concept car will call him baby diversity is a precondition for the money nice diversity. it's essential for civilization the assumption by confucius this cookie. we're so the girls as well. our impression of cool my station western and central areas of china have with the soaring economic growth in recent years to come province in particular has attracted more than two hundred and eighty
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four to five hundred companies for more than ten countries have approved the establishment of a consulate general in the province. our duty and taxes the city of sydney to understand the reasons behind this recent success the insurance company has invested over sending healing dollars the same he says his cds marking an easy industry transformation were keen to that the seizure. that i saw some vacancies. the local government is very open to new investment to the city this was one of the factors that we can fit it the infrastructure rebuilt the most north of the local government is willing to learn and adapt the brand has iraqi tv series and in the past three years alone over two hundred and fifty that chinese companies have set up the pieces here the deputy enough to see me explain the recent course she will tell you which if any has been as great as bookings are not all of which include high speed railways highways and at that point. forty five
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pounds the same can take advantage of this. it was great to read these existing policy of businesses operating in the wrong seniority and i'll leave that job she could do that. two two five inch and a calm rising land and labor cost and time is news to those in the present only in taiwan business to carry out our bathroom only for cars and bikes is becoz the western regions. that's why the number of businesses including the inland to keep in the defence lines and padded the province has seen tremendous strategically and interests i see milk with an homage to the movement focusing on the beach and dunes county economics down they cannot accept the west ec info was way beyond our cctv to some profits. social media mobile payments have both seen huge growth in the past two years. that's why one of the moma has decided to capitalize on both the strength and experience that appears to be gaining more traction. some argue
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with that story. knew. and i doubt the december to start the trinity balloons for my club. the last thing kristin what else he wants to worry about was when dancing is carrying a purse that's why she loves using their notice what bills among friends. i like that. the day. get a pass. what might happen to like it. with a credit card which is really inconvenient i stopping by today. i never try to pass. i don't. i have my phone with me at all times he also enjoys the social aspect of the know. users can easily connect facebook friends and write your comments to the people you pay to receive money from social record of your financial transactions i have a lot of skepticism about the idea. then there's the little seed of your friends that tells you when you pay a prat. by this question like why do we need that information when we need to share that what breed ride editor in chief owen thomas says there's no does have a
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promising future. the one thing that is great about them though is that he went to pay someone if you only know that opened up. because paypal right now uses email to do that. and guess what. a lot of kids they do is email that was purchased by credit card processing company bringing three in two thousand twelve last year. e bay which owns paypal or just bring tree. thus the unknown and its main competitor the top are now both owned by e bay creating some concern that the job could be cast aside. with the duo continues to add new features like it so called nearby payments which allows users to set up a bit so when in close proximity. even if you don't know them. that's whats been going competition with companies like square which is popular for retailers. i laugh loud. i had an on market evening mike and i knew that they can beat that now david and i found him about it for them. mobile payment of duties attempt to out maneuver one another with new features. and then
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customers will see what those things. the go lifestyle. our view cctv services. and folks that's it for us to forget will be back in nineteen days in time for me to start the new business and financial headlines to ctv news is also on facebook twitter as well as constantly michael wanted to see and bounds. the judges long tradition of baking with cuts and it's based on the beach the first one produced illustrations for books. they tease her and her love of books. people stir in coloring them and then just for a reason to practicality
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instead you can read the rules to putting color on with the same kinds of walks that they use to put their minds once we expect to on this long tradition. what will make him more particularly he looks back to the landscape tradition so he's mostly a landscape artist. and during his lifetime. he explicitly means your chickens is one of his inspirations kirsty was what does he like your cheek and lived it to him it was absolutely. separated off from the west. sweetie. no salt works. this is in dispute with western style theater in japan can incorporate that into the mix when we win the war
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the wheat . eye the company's be selfish or in this week's episode. odds are shortening to get to talk about what pushed me. i would've overnight patients the divide india of the ordeal

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