. ♪ charlie: andrew liveris is here. ♪\ charlie: andrew liveris is here.has spent his entire career at dow chemical. he became ceo in 2004. he has also reinvented the company in response to domestic and global challenges. he had extensive dealings with the chinese government, which is getting a lot of attention with currency evaluation. i'm pleased to have andrew liveris at the table. andrew: great to be here. charlie: your daughter worked on this program. andrew: she loved it here. your staff was all over me. thank you. charlie: she is well? andrew: yes, she is. making films. charlie: what she always wanted to do. send her our best. andrew: thank you. charlie: let me begin on china. it is the story everyone is talking about, devaluation. tell me what impact, why they did it, what they hope to accomplish, and what effect will have another economies? andrew: we saw the 2012 timeframe, xi jinping's arrival. run.abinet, his 10-year this is now an economy in transition and we should expect these pivots. these will be like the violations. why? china's gdp by si

enjoyed it. >> rose: andrew liveris is here. he has spent his entire career at dow chemical company. he joined the company in 1976 and became c.e.o. in 2004. under his leadership, dow has become the largest u.s. chemical maker by sales. he also reinvented the company in response to domestic and global challenges. as a global executive, he has had extensive dealings with the chinese government which is getting a lot of attention due to currency devaluation. pleased to have andrew liveris at this table for the first time. welcome. >> great to be here. >> rose: your daughter went to work at this program. >> alexandria loved it here. thank you. >> rose: she's well? she is. making films. >> rose: which is what she always wanted to do. >> exactly. >> rose: so send her our best. thank you, charlie. >> rose: let me begin by china. >> yes. >> rose: the story everybody is talking about, the devaluation. tell me the impact, why they did it, what they hope to accomplish and what impact it will have on other economies. >> well, the chinese e

i'm pleased to have andrew liveris at the table. andrew: great to be here.harlie: your daughter worked on this program. andrew: she loved it here. your staff was all over me. thank you. charlie: she is well? andrew: yes, she is. charlie: what she always wanted to do. send her our best. andrew: thank you. charlie: let me begin on china. it is the story everyone is talking about, devaluation. tell me what impact, why they did it, what they hope to accomplish, and what effect will have another economies? andrew: we saw the 2012 timeframe, xi jinping's arrival. this is now an economy in transition and we should expect these pivots. these will be like the violations. why? gdp by edp by size -- size is slowing down. income disparity became part of the previous administration. the opening of 30 years was a miracle. it only had so much to run as a political economy. the administration has social needs of chinese, giving everyone the quality of life. this is where xi jinping's leadership is key. i have been going there 35 or 40 years. this is more critical. charlie: