views china. and so introduce yourself, ask a short lesson, and let us get as many as possible. >> i think were book is great. i have not read your book but dealing with this issue of secrecy in the title. it appeals to me is that much of you are describing is in fact not all that secret. >> they have been obsessed by the way in which they have this on fall on the world straight as a result as they see it and they will be very dedicated over the last century is so and the idea of renewed rejuvenation has been focused on in the idea that the country that is a dominant state sets the rules and that they have this appropriately virtuous state, that they sort of harmoniously into conformity with the norms and values. these are not things that are in any way seek it. so my question is to you as far as china's long-term strategy, these are things that have been hiding in plain sight as mentioned a few minutes ago. and the question then is the interesting issue becomes less of chinese secrecy and what it

>> i think that china has a very poor record for what's going on in the south china sea, east china sea and i worry the chinese military maybe even the national command authority contain or prevent unintended escalation. >> their should be a major concern. >> i agree with that is still very much a work in progress. certainly for us and especially for japan and china. this kind of deception. >> david where china is headed. the economy that ultimately provides the foundation not only for the size of the budget but the height of technology capacity, weaponry modernization and the progress of the chinese economy that shapes the perception the way that china is in superpower and america is in decline relatively speaking of whether this is something that we will bubble up. we welcome your thoughts on the strength of the chinese economy and where you think it's headed. >> thanks. it's a great pleasure to be hear. we probably saw the announcement that in purchasing power parity terms china has already as the united states and that purchasing power parity calculation is essential if you want to

you can't blame china.they have a better plan for their own improvement. >> i try to show in one long capture how did the chinese designed the current economic system. it's the imf to the american economists and a wonderful defector from taiwan. they would break the rules in the world trade organization and appear to be capitalist. that's why it is called the capitalist charade. in the secrets they steal from other companies around the world including germany and give them to the state owned enterprises but they grew to the national champions. the national champion at his estate old company that's going to get on the forbes 500 list with a fortune 500. does anybody know how many used to be on the fortune 500? zero. what does the united states do? the friend of mine makes him vice president of the world bank and chief economist searches for five years. he and other famous economists have a forecast now that the growth rate is greatest a seven in seven or 8% another 30 years. they believe deeply in the marath

kissinger's book on china and many books on china that hawks in china are a fringe element and they arekind of crazy is a word that is sometimes used. they are irresponsible and is the last one they don't like. a chinese hawk is in the government and wears a uniform in many cases, writes books is a high-level party member and participates as what you might call a political force in china arguing against the doves and identify some of the doves. the doves are in one case a debate going on right now hawks versus doves. one is the should the constitution of china be above the communist party? the hawks of course they know, the party's supreme and the party knows what to do so the constitution is a good thing but it's below the party. this has consequences all over china for the rule of law and the future democracy of human rights. another debate going on right now is a power struggle over who should be president of china. dr. kissinger not to dwell too much on him but he told everybody that bush eli was very charismatic. dr. kissinger flew to china and you can get this on line. there's a y

sea and east china sea. and i worry that the chinese military, maybe even the national command authority in beijing, believes they have the ability to contain or prevent unintended escalation of the military conflict, military clash. whether it be with the united states or japan. i think that should be a major concern. >> i agree with that. there have been discussions, very recently, between china and japan on various kinds of measures to reduce the risk of the situation in the senkakus. and those, as i understand it, will include coast guards. it's still very much a work in progress. certainly for us but especially for japan and china. but, drawing in china to this kind of discussion is a really good thing. >> so david, i think we're all curious about where china's headed, as well. and we all know whatever it might want to do with its military budget, it's the economy that ultimately provides the foundation, not only for the size of the budget but for the high technology capacity of the armed forces, just w

carcass in the house of representatives for me the carcass from china that the china cock the china carcass ca use the us carcass that the carcass and give you my carcass tremendously important that the future trajectory of chinese power. the insight and space bar and it's the degrees of combining knowledge with an understanding of us security interests. it what it congressional staffer consultant to the pentagon office of net assessment for what is really is really part of what makes is that a unique contribution is the recounting of evolution. rather than simply choosing a and sitting comfortably within it as happens far too often in the views on changed as the facts on the ground changed. a long-term competitor of the united states and the has been a powerful voice articulating those powers should look like. if you like of the century ad it is more important than ever that the us look to the us china relationship holistically and in the context of a long-term extended coalition that will play out over the course of many years. i am committed to ensuring america's presence particu

that's a very interesting year in china. 1944 the year that joseph stilwell was kicked out of china by jiang kai-shek but a historian named barbara took care of that topic forever. and so i stood looking at 1945 a few months before the end of world war ii and the few months after the end of world war ii. and i realized as i was looking into it two things. one, that is a damn good topic, and really and truly a seminal watershed moment in american history as well as in chinese history that i like to think of this book in what almost more american history than chinese history. and number two, that there was a certain prevailing conventional wisdom about what happened at that time. and i thought when i started working on the book that i was going to write a book that would substantiate that conventional wisdom, but i wish is going to write it in a very readable way bringing all these this incredible cast of characters to life, very colorful cast of characters but it was would have much new interpretive only to say. the more i got into it the more, not to put too fine a point on it i decide

expection on china competing with china.the idea of fair but not yet a presidential issue because they are going to collapse is very backwards. it are. can look down on non. but besides we open up china. for the ones responsible. that narrative is all wrong in my view. i tried to show with the new evidence in this book. china and south oksana. i think that's a presidential candidate kind of question that would be the pills very dream as they ask all the candidates what about this look the 100 year marathon? have you read that? the candidate says no, what book is that. >> you the american dream china trade an hour talking about the pills are your dream. our dream is that you would actually share with us the haqqani dream for this afternoon is free to share what you describe in your book as the for assumptions made by china. i want you to sort of tackle the question of economics because militarily the united states has much more military progress than most countries in the world including china. so this challenge you talk abou

china and met the people of china and have on their own time understood the connection between chinarea. so without further a do, we would like to ask barnes and green to get up. this is where the drum roll comes. and unveil the uniforms that the warriors will be wearing this celebration of the chinese new year. go for it. [ cheers and applause ] wait. there is more. >> wow. >> all right. very nice. how about that. thank you, guys. back to you, bob. >> now, as exciting as it is to see harrison and dramon when we left the warriors, it was difficult because we had to leave the other warriors and we left the guys standing on the curb very upset that they were not chosen to wear the chinese new year jersey. these are great. first and foremost is where to get them? >> thanks for asking, bob. >> that was a trick. >> starting right now you can go to warriors.com and preorder these jerseys. the first game is on the 20th against the san antonio spurs. the shop will be full of chinese new year jerseys and if you travel to travel they will be available there too. >> we are g -- going to wear th

or deportation back to china. to many chinese their time here on angel island was psychologically painful and profoundly sad. >> you're coming to the land that promises freedom. you come justice and promises great promise and you come to the united states and immediately lock you and separate you from your family. and you have to face interrogation. it's not physical harm done to you, it's all mental. it's the mental cruelty that you have to go through. you have to go through days and days of interrogation they ask you questions about how many chickens do you have in your farm. how many steps. who lives on the left side. who lives on the right side. where's your village well. where's your church, who's your minister. and with any conflict they would deport you back to china. >> reporter: when san francisco burned to the grown. amazing opportunity opened up to the people of china town. city hall was destroyed along with all its records. the chinese were suddenly able to claim citizenship and there were no record to

is human trafficking allowed in china? is it legal in china for the people to be bullied? this is what i want to ask." >> start with one issue. add guests from all sides of the debate and a host willing to ask the tough questions and you'll get the inside story. >> ray suarez hosts "inside story". weeknights at 11:30 eastern. only on al jazeera america. >> abducted. imprisoned. tortured. we talked to a cia insider... >> what is our definition of torture, and what are we allowed to do? >> and a former prisoner who was never charged. >> he was beaten, he was denied sleep. >> find out what really happens in a cia black site. >> you will do whatever it takes to get this man to talk. >> an "america tonight" in-depth report. tomorrow, 10:00 eastern. only on al jazeera america. >> in the wake of the scandal, local officials have tried to intimidate families to stay quiet. in an interview in hunan, zhou yinghe's mother said officials only want to cover up what happened. >> "every time i went to the department and asked for my granddaughter, they said they didn't know where she was

china resuming trade today with kaisa looking at an offer of 180 hong kong dollars per share in chiname leave it there. back to you. >> thanks, david. shares of chinese property firms are among the standup performers today in hong kong following news of a deal to buy in battle rival kaisa. looks like they picked up kaisa and then confidence among investors. >> exactly. 4.5% on the markets. it may be better news for kaisa because it helps the cash-strap developer, it prevents them from being the first chinese real estate company to default on its dollar-denominated bonds. that is the big story. they are continuing to one that chinese companies will default on debt. . it nearly missed a bond payment. warnings by the ratings agencies that this will happen again and in more industries. >> so we should be watching out for this. >> absolutely. and the warnings are specific. let's look at what some of them are saying. moody's predicting an increase in lpo's at property firms following kaisa nearly missing payment. s&p says nearly 10 developers have we cash positions and debt maturing in the

it will boost its china headcount. it will hire a senior executive in china.ll also double the number of its workers there in the next few years. it will go beyond the current arrangement of just having sales and marketing offices in beijing. china products, they are important to sgx. it is an index. it attracts china's 50 biggest stocks. volume surged 180% last quarter. that helped sgx boost revenue, helping it post-its first quarterly profit in over one year. not surprising that sgx wants to boost that business, especially at a time when business at home is pretty stagnant. >> sgx suffered another trading platform disruption in december. what is it going to do to address that? >> well, an upgrade of its platform is underway. it is heeding the call from the authorities. supervisory action against sgx will be taken if needed. findings are due next month. sgx has to tread carefully. there have been several incidents that could lead to a drop in market confidence. or the near go, a penny stock rout wiped out $7 billion in just three days. lawsuits followed. last

china has long stressed economic development. it is now having a hard time persuading people and businesses to shift the priorities toward protecting the environment. >>> people in china traditionally celebrate the start of the new year with fireworks and firecrackers. beijing officials have limited sales this year in a bid to fight the air pollution. the items went on sale in the capital on friday ahead of the start of the new year february 19. city officials are limiting the sales period to 11 days that's half the usual length. it's expected to slash consumption and keep the air cleaner. air pollution worsens across china during the new year holidays due to thousands of fireworks. >> translator: i buy fireworks and firecrackers every year to celebrate the new year. it's a traditional thing. >> translator: sales are falling. beijing is covered with smog. environmental awareness among people is growing. >> chinese media say 40% fewer fireworks and firecrackers have been shipped this year to stores in beijing. >>> now over in new

>> the growing case for easing in china. factory output continues to slope did no more aid for now -- to slow. reverse, out of queens land defeat could be a career defining moment. happy monday to you. i am in for angie lau this morning. up 1/10 of a percent. the dollar strengthening to 77. a going through a plunge. the rb and zed holding rates steady at 3.5% last week. zealand dollar, and the lowest in four years. we are counting down to the open in japan and south korea, less than one hour to go. nikkei futures pointing to a lower open after the decay to 25 closed -- after the nikkei closed -- the nikkei to the five closed at -- that china's manufacturing sector is not only slowing down at shrinking. now with the details. two years and four months. it was expected to slow down. >> you alluded to the 50, which indicates ahead activity will slow. there is a survey of managers that ask a bunch of questions. when it gets to the 50 it shows you may be a touchy spot of the next two months. that is what you have over the course o

but not in china. as we heard today from m mike pipillsbury, beieijing has a long-term strategy to does lays the united states as -- long-term strategy to displace the united states as a world power. it is tailored specifically to counr u.s. power and forces.. conventional wisdom holds that president richard non went to ina to g gain an ally againsnst the viet union. instead, china leeward richard nixon to get the help it needed to beat first the soviets and then the united states. america was kept in ththe dark until it was too late. it nearly worked. america has been hoping the communist nation would grow more democratic as it prospered. that view is canging. hardliners a seeking economic and military power with little interest in democracy or mobile rule of law, referring or world wheree chinese might makes right. the book is worth reading. the united statemust develop a strategy to remain the world's leading economicic and military and moral power. thank you for watching. coming up next week, russi

do i play china through u.s.tinationals, or should i have emerging market investments in my portfolio? >> it is a tough question because i think everybody wants to buy emerging markets because of the perceived value. tom: and the romance and all that. brian: you do want i think more exposure with respect to the multinationals, and the conglomerates in america have been hurt because of their exposure with china. i think that is the opportunity. tom: dr. pillsbury, did you buy shares with alibaba? michael: yes. tom: is alibaba a representation of the good of short-term investment in china? michael: yes. holly baba a play on the chinese government favoring jack ma. if the chinese government wants to show this is a good idea it will return to a higher price. brendan: recently they hinted at allegations that they would be investigated but that disappeared. what are they saying when they do that? michael: it is probably a bureaucratic message that you have counterfeit stuff you need to be more careful, we are going to

of trade deficits with china. last year, it was 30 $340 billion. some would say this is contributing very much to china's growth at the expense of our own growth and jobs in this country and economic strength in the country. would it make sense to begin to rebalance this economic relationship rather than feeding china's growth at our own expense. >> my name's martin apple from california. my discussion point is very straightforward. that is the cyber connection. threats and super agents and all these things developed on both sides of the ocean. just as much as all the others because it really underlines their success. >> toupt start then we'll get to the cyber question? >> yes, i share the sentiment behind your question and certainly f we go back a number of years to the period before the global financial crisis, the imbalance between the united states and china and just more generally, imbalances in the world have really reaches extreme levels. china's surplus got above 10% of gdp. u.s. overall trade deficit was

there's many in china. not least of all the weak oil price. china as an expoiter of oil. the next six to nine months will suffer. but at the same time they have done a good job to try to deflate the challenges they have to deal with. weaken the efforts and there's been fixed asset investment across china and that's being deflated. now of course with that is concerns about longer downturn. it's hard to know where we'll end up. >> is it underway in china? >> it's global equity funds. we don't own any chinese stocks at all but china has important ramifications for broader perspective on global economic outlook. >> speaking of a slow down i want to bring the conversation back to what's happening in the u.s. because a rekren series of lackluster data. we're talking about 2.6% on friday. manufacturing orders weaker than expected yesterday and factory orders disappointing to the downside. what do you make of the recent data suggesting the economy season as strong as some were expecting. >> it's going to be a concern if you see the prolonged downturn as they move through the comi

is human trafficking allowed in china? is it legal in china for the people to be bullied? this is what i want to ask." >> al jazeera's investigative unit has tonight's exclusive report. >> from coast to coast. >> people selling fresh water for fracking. >> stories that have impact. >> we lost lives. >> that make a difference. >> senator, we were hoping that we could ask you some questions about your legal problems. >> that open your world. >> it could be very dangerous. >> i hear gunshots. >> a bullet came right there through the window. >> it absolutely is a crisis. >> real reporting. >> this is what we do. >> america tonight. tuesday through friday. 10:00 eastern. only on al jazeera america. >> now available, the new al jazeea america mobile news app. get our exclusive in depth, reporting when you want it. a global perspective wherever you are. the major headlines in context. mashable says... you'll never miss the latest news >> they will continue looking for survivors... >> the potential for energy production is huge... >> no noise, no clutter, just real reporting. the

. >> the market may have bottomed out in china. raising the stakes against samsung in the battle of the chips. a record investment to meet blooming demand in the u.s.. that and more in this tuesday edition of "asia edge." >> a cautious day after talks between greece and europe. another market in the red down for 10th of a percent and now a fourth quarter gdp beat estimates, growing 2.1%. europe bonds lower than the quarter. chinese stocks extending their around and doing good. shanghai up 8/10 of a percent. shanghai composite up for seven straight days. the highest level since the end of last month. china's january property prices falling a bit less than in december. i tell you which stocks are moving later in the program. to our top story. the debt drama in greece. creditors talks collapsed in brussels. finance minister said that greece refused to be considered a debt colony but said he does expect some sort of agreement this week. the greek government wants its current bailout program scrapped and is seeking an $11 bridge -- $11

weakening demand from china for all-star and commodities.dity price has forced the dollar down although not down far enough. they still feel it has some distance to go. >> what about the timing? why did they move when they did and were there any clues as to when it they will be moving against him? -- again soon? >> they lower the cash rate to two point 2%. -- 2.2%. this would give them an opportunity to explain why they did it. they also noted global forces as well. particularly the easing of the european union, the swiss abandoning their currency and bond yields. there were no clues as to when or if the reserve bank of australia will cut rates again but maybe we can take our cue from the market. slot traders predicted this month a 70% chance of another one next month. >> thank you for that. up next, preparing for a fallout and extensive declines ahead and the end of the recent rally for oil. more "on the move" after this break. ♪ >> back as we check in on some of these stories making headlines. eastern ukraine under strain amid claims of th

singapore is boosting its focus on china. posted their first growth numbers in over a year. >> they want global investors to use global chinese products. it will boost its china account, it will hire a chinese executive, it will also double the number of workers in the next two years. it will go beyond the current arrangement of having just sales and marketing people in beijing. china products are important sgx t to sgx. not surprising that sgx wants to boost their business, especially at a time where business at home is pretty much stagnant. >> the sgx suffered another disruption in december. what is he doing to address that issue? >> expect an upgrade of its platform. it is under way. they are heeding the call from the authorities. they were issued a warning that supervisory action would be taken if needed. we know an investigation is underway and the findings are due next month. sgx has to be really careful. there have been several incidents that could lead to a drop in market confidence. more than a year ago a penny stock

i have tremendous experience with china. i have made a lot of money with china. i had pretty hard times with china and i was the one who came out on top. believe me, this country can come out on top. >> okay. let me ask. i think everybody has got to have a vision. if i were to ask you if you become president, your top 5 agenda items, what are they? >> okay. let's start with isis. you have to hit them and hit them hard. you have to get rid of that whole situation and, you know, if you were going to ask me that question two years ago, probably it wouldn't have been the first thing on the agenda but it's become so severe, so bad and i always said, take the oil. they have the oil. isis first. obamacare, i would repeal it and i would get something that would be so much better than obamacare, so important. you look at every aspect of government. you look at regulation, the epa. you can't move. you can't do anything. everything you want to do is stopped. you have to do that. i would build a tremendously strong military. our military has been -- has been let go and has b

find out the challenges china faces. on "newsline." >>> the ruling party of india under prime minister thatnarendra modi. >> the defeat for the ruling party is the prime minister's first major setback. the bjp has won a series of state assembly elections since a landslide victory in the general elections last may. india's election commission says the common man's party won an overwhelming victory in the assembly of new delhi, the nation's capital. >> translator: it is a victory of our workers. the landslide mandate by the people of delhi is scary. i would like to urge all our workers to refrain from being arrogant. >> reporter: the number of seats the bjp has managed to secure has plummeted to the single digit range. the ruling bjp rejects the idea the election loss will have an impact on national politics saying the result was not a referendum on the central government. the bjp had been winning one local election after another ever since its landslide victory in the general elections. the party's election victories refl

it's a good way to get assets out of china.h comes to shove, sell your 40 million-dollar apartment. let's say people want exposure to china, for me guys, i like yy. a stock i've talked about a lot. if the numbers can be believed, and i believe them to a certain degree, i think this yy will go up at least 50% this year. i will add the caveat, it is extraordinarily volatile. i know you just -- like nothing. >> you know i'll jump all over that. here's the thing, to your point, jim, what you said earlier. there are ways to invest in china and not touching that stuff. one way is to invest in ford. one of the largest companies in china. they pay a nice yield of 3.7%. they're asia pacific revenue have 2.9 billion in 2013 was reduced to 2.6 billion. i like this t long-term. they're looking at growth in that region and in the us to drive their earnings going forward. matt: domestic within china. hnp. peg ratio .5. pe below ten. 5% dividend yield. >> buy do you. the google of the far east. (?) they're making huge investments in mobile. t

it does not help that china will controls it.more than 11,000 schoolchildren had diarrhea and vomiting after eating frozen strawberries imported from china. china disputed the analysis saying it showed no signs of contamination. this whole problem with saving face does add to the problem as well. angie? >> thank you for that. coming up next, no end in sight for the greek debt drama but will it end in tragedy for the euro? we will check in on the currency after this short break. ♪ >> checking other stories making headlines around the world -- india and sri lanka have signed a nuclear deal and the attempts to reduce its dependence on china. they hail the close relations. india will provide training and next matisse -=-expertise. they said they would also spend security ties. indonesian president has won a significant battle over his choice as national police chief. his judgment was question when his nominee was named in a corruption inquiry. however, the general should not be considered a suspect. thousands of people marched throug

the street is a product of china ease economic growth.t's massive appeal attracts custom from all over china. new forms of business can also be seen. no matter how meager, people try to make a living here while others monitor for illegal activity. the round the clock struggles of people here have shaped what guijie is today. the area encapsulates the rapid changes of modern china. this episode follows 24 hours in this gourmet town. >>> this is beijing, the capital of china. it's a sprawling me prop lis with the population exceedsing 21 million. some 450,000 people flock here every year from all over china. the city and its people are in a constant state of flux. guijie street is located at the center of this ever changing city. it's 4:00 p.m. and there are few customers around. at one restaurant staff take to the street for a ritual led by the owner. gao yuan is around a province 1,000 kilometers from beijing. he owns seven restaurants on guijie street and with 400 employees he's become the area's most successful entrepreneur. this is a w

regulators in china have slapped a u.s. maker with a record fine. >> authorities say qualcomm violated laws and it's the largest ever imposed on a foreign firm in china. regulators say they broke a law on uncompetitive pricing and say it charged chinese cell phone manufacturers unfair licensing fees for communications technology. officials say they are disappointed with the decision, but they will not contest the fine. official says they will change the way their company does business in china. >>> two southeast asian neighbors are teaming up on autos. the malaysian prime minister announced the plan after meeting with the indonesian president. the project calls for proon to to manufacture cars in indonesia. their share fell because of competition from overseas rivals. indonesia's auto market is the biggest producing cars in indonesia could breathe new life into proton's business. honda is revving up for its first formula one in seven years and taking rawraps off its new race car. honda has joined hands with mcclairn. ex exe

this is a tricky situation for china. tricky because some of these refugees want china to support their campaign for autonomy but beijing insists it doesn't interfere in the political issues in other countries. some of the fighting is going on in the town of lokang just visible in the distance. this is as close as they can get to home. adrian brown, al jazeera on the china-myanmar border. >>> the myanmar representative from the scenario for humanitarian dialogue. talk to us about the humanitarian situation and how the fighting has affected the refugees. >> sure. this has been some of the most serious fighting, the clashes started over ten days ago. as your report indicated we have had 30,000 displaced and serious impact within the myanmar itself. we have seen a convoy come and you tack, significant displacement. this is a real concern for those working in the country on the peace negotiation is because it does have the potential to derail many years of hard work that have been put in by the ethnic groups in the government

even within china. you are port of the general ace. dissent starts on university campuses, not just in china, but this country as well. it was where the tina men square democracy started -- tina men square started. is the country feeing under threat, is that where we see the ban. >> the legitimate concern, this is not just starting right now. it started back to 1989 immediately after the crackdown. at the moment you order your army to fire on your own people you lost your legitimacy it's as such as that. >> how do you establish legitimacy. you have to justify what you did, and find an outside enemy. that is why blaming what they call anti-china for enforcers. and even before 1989, during the time in the early '80s when china was ducking the open and reform policy they launch anti-spiritual campaign which is similar, equivalent. >> pardon me for interrupting. i think that was an expectation with china's openness economically to the world. we had a peace about investments in africa that there would be more reform and openness. is china g

anyone who spends time in china has seen this. when i go to china i wake up early, look out the window you can see the sky, i strapped on my running shoes and go running because there's a chance you won't be able to do that again for the next six seven days, the pollution is so bad that frequently you can't get a good view of the buildings across the street from you. they have an environmental crisis similar to the california crisis of the 1950s. you are from california or originally. >> i remember the painful smog. >> it is just as bad if not worse in china today. is a lot worse in shine at day. the second reason is energy imports. imac's economy is going very quickly, not as quickly as it was over the past week in years but it is still growing at a rate of 7% a year and that translates into increased energy demand. the electric vehicle is a means by which china can gain increased mobility but not increase their oil imports. the third reason to me is the most interesting and it is the real reason the chinese are interested in the

it's not just china. the same is happening in europe and japan as well. >> we're in a deflation their world, so to speak. global demand is quite insufficient. when economies find it difficult to stimulate actual growth actual domestic demand. they're trying to undercut competitors. that's what the currency was, so to speak. >> the dollar continues to strengthen which weighs not only dmod i dids but other global markets. >> absolutely right. in the so called deflation we see the u.s. economy as the only game in town. that is reflecting in a strong dollar. which might start -- it does have an impact on commodities, which to be honest it's not really -- it's a net positive for the world overall. i mean, obvious it's negative for net commodity exposures. that's a small chance of the global economy. it's a nice tail wind of sorts. >> a stronger dollar impacts. it has to some extend the multinationals in america that sell their goods oversea because it makes them less competitive. the question is if that will c

he said china tested such a missile in 2007 and it left thousands of pieces of debris in space. there's a growing risk of a satellite colliding with space debris. >>> millions of chinese are on the move celebrating the lunar new year. their tourism dollars are being welcomed in countries like japan and south korea, but many of them are finding the opposite in hong kong. nhk world's takomu yoshioka explains. >> reporter: demonstrators in full voice again in hong kong this month. this time in a town near the chinese border. the angry crowd occupied a shopping mall surrounding shoppers visiting from the mainland. police were called in to restore order and arrested some of the demonstrators. >> translator: mainland people are pouring into hong kong. our culture and values are being hurt. >> reporter: in 2003 officials lifted the ban on the individual travel from the mainland. since then, more and more visitors have arrived in the territory every year. arrivals last year reached 47 million. that's more than six times hong kong's population. many of them come to shop. they stock up on

let's focus on china and the u.s. china coming out worse than expected.d. >> no, it is not. we will see more support from the pboc sometime this year. we would also expect china to go back to some sort of old recipes , helping infrastructure investment because the property market is quite weak. so you need to spend more. we will see a revival in these old recipes. it is not about news from an equity point of view. the old economies, the traditional stocks had a good run the last half of last year. this will continue on. the trend of new economies is transitioning into a new sector. those stocks have done poorly for the last four months. they are relatively cheap at this stage. both traditional and new segments have good potential. >> good ideas for investors looking for some equity plays an opportunity in china. if you take a look at the exports figure, it was negative instead of the ins -- instead of the expected positive. >> globally, the first cap will be relatively weak. it is a sign that china is shifting away from that export model. once again, this

china emi out later this week.lowing. >> an official review of the sydni coffee shop siege that left three dead says operational changes should be made to lower the risk to the public. take 17 peopleto hostage in december while he was unveiled with a history of extremists have that these. the prime minister outlined new security measures, including plans to revoke citizenship of australian dual nationals involved in foreign fighting. peopleannot allow that to use our good nature against us. a government will develop amendments to the australian citizenship act, so we can revoke or suspend australian citizenship in the case of dual nationals. -- queensland is clearing up after tropical storm marcia. it brought strong winds and torrential rains. more than 1500 homes were damaged. fx were felt in brisbane. a soccer game against bangladesh was abandoned. shipments across the pacific are getting back to normal after a nine-month dispute at american west coast ports. arguments over arbitration in the work place had affec

china they're -- in china they're not doing well. developers, rents not rising as much. so it is for real. >> you managed to maintain pleasant results. why the choice of that phrase? >> first of all, we broke records. we never made more than $10 billion in hong kong dollars and this time underlying profits we made over $10 billion. but that said, i think the market condition in the main land in particular for rental of commercial space, for high end retail, is still quite weak and i don't know when we will recover. >> and that's how you are seeing this playing out nothing will change effectively? >> i did not say anything will change. >> you hope it changes. >> i hope it changes for the better but i dare not say whether and when it will change any time soon. >> the hong kong market on the residential side and commercial side, doing very well and this is despite the occupy hong kong protest. did that have any particular impact? >> the affected areas had sales down by about 18% during the two months or so. we are protected by rents and lees but if we would continue it woul

-china deal means china won't have anything to do for 16 years, we found that mostly false. i want to put that in the record. to my colleagues and friends this isn't personal. we are hearing scare tactics about the results of continuing to implement the filter act and i want to compliment you administrator for your calm presentation this is a situation where the filter act requires you to act, it doesn't require us to act, it requires you to implement the act unless you repeal the filter act. i haven't anyone say they want to repeal the clean air act. if they do, bring it on. but since richard nixon signed the modern filter act, the u.s. gpd has grown by 219% and private sector jobs have grown by 101% and common air pollutants have dropped by 72%. is that what you -- >> that is my understanding. >> senator sullivan and i think in a very aggressive way and good for him he says that obama is abusing his authority. and i want to place into the record the last three presidents and how many executive actions they took. clinton, 364. george w. bush 291 and barack obama, 200. now,