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listen to bob hormats on this?> the short answer is none of them in themselves can be the next china. some can take some of the supply relationship with the united states, that china now enjoys. they were already shifting because of higher wages in china to the countries you mentioned. myanmar, vietnam, mexico. reporter: this is interesting, there are reports out that there is some sort of a short term deal with china. maybe that is best interest in china. the chinese suffering being squeezed by the trade war. pressure on american, the president and administration are learning a lot how to do business with china and kind of relationship that they need to foster that ball and push it forward, come to an agreement, neil. neil: we shall see. that has been a long time coming. jackie, thank you very much. charlie gasparino, has his doubts, right? >> yes, i will tell you why. i met with a chinese diplomat, very influential, can't use names. neil: can the name the place? >> in new york city. neil: olive garden? >> no in a

us right now is former undersecretary of state for economic growth, energy and the environment, bob hormatace? >> first of all, it was shocking that the saudi facilities seem to be so vulnerable to this. we had assumed they were well protected. turns out, they need a lot more protection. the second question is if the president is correct, that it does come from iran, what was continue tension? there could be either one to simply destroy saudi facilities, the other, there are groups in iran who perhaps thought that the united states and iran were getting a little too close to a negotiation and didn't like that and decided they would stir things up and make it more difficult for negotiations to take place. so we need more information. a, where it came from, why the saudis are so vulnerable and who was actually in iran. it's not a mon monol. t. a lot of our friends and allies are disrupted a lot more. if the iranians in fact did do it, and it can be proved that they did it, i sus be expect you're going to see a lot of asian countries go in and say look, this is disruptive to our economies. th

we talked to bob hormats about this, he was negotiating relations to open relations with china.out the early companies when he went there and what they learned. >> motorola spent a lot of time there, general electric spent a lot of time there, caterpillar, a number of companies that were spending time to learn the chinese market and they did it not just at the level of the central government but they took the time to understand that china was not a monolith. reporter: the time to understand. they learned how to negotiate. what we're seeing in the last month or so with the administration and china niece officials is sort of a similar lesson where politics is mirroring business in some sense and perhaps it's possible with that understanding a deal can be made sooner rather than later. stuart: there is talk of a interim deal as of now. the market absolutely loves it. jackie, thank you. reporter: sure thing. stuart: check at individual stocks moving. look at walmart, taking 98-dollar per year, same day grocery delivery plan nationwide. walmart at 116. real close to a record high. >>