. >> china is out of step with both the international rules and norms that underscore the asia pacific security architecture and the regional consensus that favors dploancy diplomacy and favors conversioncoercion. >> to criticize china for original piece and stability through construction activities. since china has never taken any proactive measure. in fact, the disputes in south china sea have been there for decades and over the past decades the region has been peaceful and stable just because china's great restraint. >> the philippines vietnam and malaysia three other claimants of the disputed waters also have their own installations but nothing on the scale of china's reclamation. brought the dispute to an international tribunal for arbitration but china refuses to attend. >> simply on the face of it, it appears that the chinese will say one thing and in action do quite another. and i don't think it quite squares off. i think this is where the confusion lies and with the mistrust really lies. >> reporter: the u.s. and its allies fear that the ownership of south china sea should des

in asia-pacific it will be busy and the markets are already underway. south korea have been trading lower today. that is the case in hong kong now as we begin the day here. look at shanghai. shares are rising. futures indicate a lower start. the hang seng haven't these are the chief movers as the day gets underway. we have also seen some of the property developers active today. that is advancing because chinese resources are saying that they may have contract deals that are better than expected. the properties are leading on the downside. with the latest property market data. existing home prices in hong kong week on week of just under 1%. watch these hong kong developers in particular. that is what we see as the markets open in hong kong and shanghai. it will be a busy day as we are cheap or maintain the $10 trillion valuation. impressive numbers indeed. returning to our top story. some chinese investors are taking to the streets in beijing and hong kong as they protest an alleged currency scam. the dems are saying nearly 30,000 were robbed of nearly $

let's take a look at the asia-pacific map.turns you what's happening with markets across the region. one clear chance or china saw a big selloff yesterday. kong,of a rebound in hong but the shanghai composite down 1%. it started the day higher. it looks like we are building on these declines. the concerns that investors have with respect to the chinese market underlying economic growth slowing, a huge stockmarket rally, 150% over the past year, but built on the back of novice investors who borrowed money with margin financing. the regulator on friday unveiled new restrictions to taper this massive run in the market and the fear or concern among investors. that's why you see at that the selling. that's what caused the big drop yesterday. these are the stocks moving right now in shanghai. elsewhere, teasing gains in jakarta, 1% move there. singapore is up. .e conti the ceo of will worth retiring. olworthceo of will retiring. rishaad: this adds another piece to the puzzle. the global is not as strong as optimist may think. -- the

it will be the largest deal by value in the asia-pacific region. ising on to greece, europe upping the crucial meeting. it is seen as the make it or break it sessions for athens' ability. the policymakers are pushing greece to return to the negotiating table and make more concessions. officials raised the prospect of a greek exit. insists thatande everything must be done to keep the country in the eurozone. mario draghi also raised his rhetoric, saying while everyone needed to do more, the ball is still increases court. the euro fellays on monday. -- we areoyota waiting to hear more from the shareholders meeting today. they will vote on a new stock offer, $4 billion, walking in investors. automaker shares have been criticized by institutional investors in the west, opposing separate classes of shares. toyota is trying to give the second class of shares equal voting rights. for are expected to sell a 20% premium over common equity. they will be restricted from trade for five years. yvonne.thanks, ev how china may be rethinking its foreign policy --

they are increasing demand in the asia pacific. we'll meet it. we'll remain the principal security power in the asia pacific for decades to come. >>> the u.s. and n.a.t.o. are boosting military presence in eastern europe to confront an assertive russia. the defense secrete ash carter said dozens of tanks and artillery will be sent to the baltic nation a show of support for america's newest n.a.t.o. allies. >> you lost your independence once before. with n.a.t.o., you will never lose it again. that's because the united states and the rest of the n.a.t.o. alliance are absolutely committed to defending the territorial integrity of estonia, latvia and lith wania, just as we are committed to defending all n.a.t.o. allies. >> the move marked the first time heavy military assets have been placed in former russian nations. >>> most do not give trump a chance of being elected president. but he may shake up the polls. >>> and the cover up of faulty devices to pad a bottom line. >>>the 2016 presidential election is a long way off. right now hillary clinton

it blocked a workers aid programme, part of a package to strengthen ties with asia pacific nations. president obama went to capitol hill but failed to convince fellow democrats to back him. white house correspondent patty cull in reports. >> reporter: this doesn't happen often, u.s. president obama supposedly finished working. then he decided to go to the annual congressional baseball game. the handshaking continued into friday morning. another surprise stop the u.s. capital. all the attention because the president's top priority the asia pacific was up for a vote in the lower house. >> i don't think you ever nail anything down here. >> reporter: and this time it was his own political party threatening to block him. he was here to ask them for fast-track authority. basically to get the trade deal with 11 other country, congress could say yes or no but not change the agreement. >> tpa could facilitate another bad deal. we can't afford to pull up the draw bridges and shut out the rest of the world. it's not smart policy and will not help the american worker. >> n.a.f.t.a. cost us 1 mi

observers say it will likely also mention abe's hope to contribute to the asia pacific region and the world. some lawmakers say the statements should be approved by the cabinet to make it clear it represents the views of the entire government. statements issued on the 50th and 60th anniversaries of the end of the war were endorsed by the cabinet. however, some say the statement should be issued as representing abe's personal views. they're worried that it could have a grave impact on japan's relations with its neighbors. chairs an expert panel advising abe on the statement. he says he hopes to complete the panel's report as early as next month. abe is expected to take the report into account along with the opinions of government officials and ruling coalition members before finalizing the statement. >>> abe says he's determined to have national security legislation enacted during the current diet session. the prime minister spoke at a meeting of a lower house committee debating bills that would allow japan to exercise its right to collective self-defense under certain conditions. abe

is using the tpp to try to drop rules for trade in the asia pacific region. and china is trying to establish a separate economic framework, one that doesn't come under the influence of the u.s. another difference is the size of the markets. rcep includes emerging economies such as india and other asean countryies countries. >> so that's a big number. what do member nations expect from the rcep partnership? >> they have been talking about lowering tariff rates and easing in service sectors. they would be able to have a supply chain. seven countries are involved in both sets of talks. they'd be able to choose the better terms of trade between the two. >> japan being the world's third largest economy, i believe, had their own strategy. what is their strategy? >> japanese companies would obviously have more business opportunities. and by being involved in both sets of proposed economic partnerships, japan can ensure that the rules are as fair as possible. and one analyst says japan can have an important influence on the outcome of the rcep. >> we need to balance

. >> reporter: eradicating the most hazardous forms of child labor cambodia took a lead in asia pacificn of the world most effected by the problem but being one of the poorest countries in it means it's least equipped to achieve the ambitious targets and to end child labor by 2016. despite the challenges giving all children access to full-time education it's seen as the solution to break the cycle of poverty-driven child labor. >> actually it has become a national price and although there is international commitment and whether or not we can achieve 2016 or not but it is our priority that we have to reach our commitment to the international organization. >> reporter: but those children carrying the burden of work maybe this will be the year their lives change rob mcbride, al jazeera. >>> senior specialist on child labor at the international labor office and says sending children back into school is not enough to eradicate child labor. >> talking about 168 million children across the world this child labor and that is up to the age of 17 and here in asia pacific where i work we are talki

and here in asia-pacific, where i work, we are talking about 78 million children in child labor. they are in rural areas working on agriculture but we are seeing a trends increasingly especially in this particular region towards commerce. and services. and we find that more girls tends to engage in services and commerce wild boys remain in agriculture and in very difficult and hazardous forms of work. it's not a matter of just putting a child in school and that the problem will be solved. it has to be multi facet, we have to deal with the supply and the demands side of this issue starting with school as an extremely important step because it equips children especially if they are referring a quality education with the skills to move on in life. if the child when he or she leaves school, which is what we are finding especially in the region at the age of four attorney or 15 they are not continuing with their studies but they are entering what we call very hazardous work and sits an alarming number and so their entry in the labor market end up being one where they are even more vul

those will beof required in the asia-pacific. see a lot of growth ahead in terms of islet training -- pilot training. these kinds of reports are and point to the fact it has to be properly regulated throughout the industry. rishaad: thank you so much for coming and joining us today. andrew, from aapa. coming up, art over the ages. the special report on the radiohead frontman's 18 day long song and the exhibition around it. ♪ now, testifying to congress over the faulty airbag crisis that is triggered the biggest auto recall in history. they are turning to the competition for help. let's find out more with craig. this will be takata's first u.s. hearing since december. the first impression of the committee members -- craig: i think it is a pretty safe assumption. the hearings in december in november were pretty ugly with the members of congress really pushing hard to get this recall done and since then what we have seen, as you mentioned, it is only become a bigger crisis with the number of cars recalled now reaching 34 million. it

asia and the south pacific have the largest number about 78 million and subsaharan africa have 21%. the push to the global issue roxana saberi joins us now with more. good evening roxana. >> good evening, del. these are generally under 14 years old and living in the poorest countries in the world. rob mcbride takes a look at the advocacy in cambodia. >> the rival of the can casava truck. children able to earn a dollar a day wielding the chopper. the smallest of fingers are needed for families to make enough to live on. >> family groups working together. >> translator: we have come here with world vision. one of the organizations helping cambodia realize its goal of putting children like these into school full time. it is also sam's dream. i prefer to be in school he tells us but we need the money. across cambodia child labor is still a problem. are it is most blatant in the country side . recent efforts to clamp down in the cities have largely moved the problem from view, but in the brick factories outside phnom penh you just have to look a little harder. in this slum area, around h

asia-pacific is redacted to have $57 trillion in financial wealth in 2016, surpassing north america's what we are watching for the rest of the day, stay with us, we are on "the pulse." ♪ francine: welcome back to "the pulse," live on bloomberg tv and streaming on bloomberg.com. looking at a lot of things. we are joined by hans nichols. fomc's are starting today. we find out about interest rates tomorrow's. hans: no one expects given the soft economic data, that this meaning they are going to decide on an interest rate hike. most people are looking towards september, december or 2016. it is nice to parse the language when we get a little bit more tomorrow. francine: what happens on greece ? the eurogroup meets thursday and friday. hans: on wednesday we will have emergency liquidity assistance decided by the ecb. we have a eurogroup finance ministers meeting in luxembourg thursday and friday. the greeks have been clear they are not going to give a new proposal. francine: thank you so much. this was the main thing we have been watching today. a lot of volatility not only on currencies bu

the asia-pacific market angle, and the latest.ussels,atest out of we have afp reporting a few moments ago that the greeks have submit their proposals, their revised proposals to brussels as of an hour ago. the european commission has not received the updated proposals from greece. that is something many to see if are to happen. compromise is the keyword investors will look for as area leaders and the prime minister get set for a monday showdown beginning with the finance ministers meeting. then the ecb will hold a conference call on emergency bank funding. critical to avoid a bank run. at seven :00 p.m., the leaders meeting. an emergency summit, one that angela merkel has perhaps questioned the validity of. on friday, she spoke to her party and told them she did not see the need until the greeks came up with some new proposals. is holding a three-week gain. not a huge amount of fear. angie: what about asia? zeb: the reaction there will be a knee-jerk in the beginning, and a limited all-out. the length will be days, not weeks. lack

now, across asia over the western pacific we have multiple systems to mention. one here is still providing some rainfall over the southern areas of the philippines. and then we have a low that is expected to become a tropical depression by tomorrow. and this has become a tropical depression. this one will likely intensify into a tropical storm and then head on as the week progresses. kagoshima, you've had nearly 1300 millimeters of rainfall since the beginning of june. more rain is anticipated. that's record-breaking levels. an additional 100 or 200 millimeters likely for many areas of western japan. flooding mudslides, all of them continued risk. and rain will likely head to hakone where the eruption was reported. so rain expected in hakone by tomorrow. temperatures are going to be 24 degrees in tokyo with rainy weather on wednesday. quite hot in beijing, 33 degrees. and down towards the south, 38 degrees. the extremely high temperatures are once again heating the western areas of the united states and parts of western canada. you can see the clockwise circulat

they are increasing demand in the asia pacific. we'll meet it. we'll remain the principal security power in the asia pacific for decades to come. >> the pentagon's latest effort in relation to china's intentions is beijing is taking the long view - including the economy, modernizing security and minimising the communist party's grip on pour. while it wants to be seen as a great power, china wants a relationship with the united states based on equality mutual respect and benefit. >> jamie mcintyre at the pentagon. thank you >>> image is said to be everything. china is spending billions to improve how it is viewed around the world. coming up, despite tensions with the urks a look at how beijing is expanding its reach >>> also the road to nowhere, why the busy tunnel between england and france was shut down. >>> as mentioned earlier vice president joe biden issued a blunt warning to china saying the relationship with the u.s. would suffer if beijing used cyber space for criminal activity last year the two countries did some 590 billion in trade. off

gains are continuing today, the first time we have seen ain't in the asia-pacific -- gains in the asia-pacific market. we see the decline on the shanghai deposit. elsewhere, even with greece in the frame, stocks are rising today and we are seeing some leadership in australia. as well as southeast asia. singapore, jakarta, gains of over 1%. we see a lot of risk being taken off the table and that is what you are seeing in shanghai. there are two factors at work. this massive run-up by novice investors, margin debt that has quadrupled in size. other concern is the underlying economic fundamentals. does the chinese economy support this massive growth? investors are pulling out their proceeds from stocks to invest in new ipos. this is a market we want to follow closely. japan, threatening the over -- overwhelming economy, stocks down modestly. the yen is unchanged today. as far as stocks moving in japan, declining today, industrial related shares are the ones to watch. we are keeping a close eye on what is happening in south korea. given the mers virus, do they have it under control? the focus is o

and they're increasing demand for american engagement in in the asia pacific and we will meet it. will remain the principle security power in the asia pacific for decades to come. >> the pentagon's latest assessment of china's assessments concludes that they're taking the long view and while china wants to be seen as a great power it also wants a relationship with the united states based on mutual respect and mutual benefits. >> jamie, thank you very much. >>> the white house is expected to announce changes to its policy on hostages tomorrow. today families of former hostages were in washington to hear about those changes. mike viqueira has that story from washington. >> well, good evening john. we do expect to hear from president obama directly along with family members tomorrow much hostages held overseas. the president expected to announce a change in policy. the u.s. government will no longer seek to prosecute those family members who want to pay ransom, and to negotiate ransom with the captors of their loved ones held overseas. this is a chief complaint of many of the familie

we start out firmly lower for asia-pacific equities the you can see the rotation comes a turnaround,he only market that is defining thailand -- relock a, the philippines, lower oil prices is giving his sake in. -- safe haven. it is those tech stocks the stable letter dancing, lenovo is up 4%. 4% gain. airlines lower, the casino shares moving today -- as well as galaxy entertainment. what is happening in tokyo -- they are closely watching the japanese railway today. it operates the train between tokyo and osaka, very tragic story of a person setting himself on fire on the train. moved the stock briefly but we understand things going back to normal. their moving today in the tokyo market. 8%. sony is intruding to the decline and it has dropped in a percent move for shares of sony. that is very close. that is the close look at the market. back he appeared anna: -- back to you. anna: thank you. just breaking in the last minutes -- sony is to raise a little -- ¥400 billion in shares and other shares according to -- it will share in overseas markets in japan. that is the need we are gettin

there are 12 other asia-pacific countries, but china's not one of them. what we have made clear -- questioner: might become one. mr. earnest: they are not a part of the current negotiations and they won't be. what we have made clear though is that if we can reach a t.p.p. agreement, that other countries in the region who are interested in joining, that we'd be interested -- we'd be willing to have those discussions, but those discussions would be predicated on a commitment from those countries to meeting the high standards that everybody else who has entered into the agreement lives up to. and i think that is the critical part of this argument. which is that if china is willing to at some point down the line meet the very high labor standards, frankly compared to what are currently in place in china, if they're willing to abide by the enforceable environmental standards, if they're willing to abide by the human rights protections that are included in the agreement, if they are willing to adopt the pretty strict intellectual property rules that will be wri

. >>> in other markets in asia pacific region hong kong ended at 0.2% after rebounding from losses. indonesia's index was down 1.7% dragged down by financials. so they extended their losses over the mers outbreak concerns continue to weigh on market sentiment. >>> auto maker has its eye on the prize in the 2020 tokyo olympics. tokyo taxi operators launched the new fleet this week. the five-seater vehicle has a wider back seat and more leg room than nissan's sedan taxi t. space in the rear holds four suitcases, that's double the capacity. >> we hope the taxi becomes a nissan symbol welcoming people from around the world. >> the nissan van taxis are ready in new york city with 700 vehicles now cruising the streets. >>> engineers and mightings have conducted a test run on a new passenger plane. it 97 even took off. the tests on the regional jet checked its ground performance. it's japan's first domestically developed plane in half a century. engineers dade test run in central japan. they checked its ruter, landing gore and other components ahead of an inaugural test flight. it traveled

, and the importance of education to attack the problem and most of them 78 million are in the asia pacific region, and 59 million are in africa, and that's 1-5 and, 13 million in latin america, and the caribbean and 9.2 million in the middle east and, north africa. >>> well in liberia many are the bread winners and some are paying for families and school, by smashing rocks. >>> the 12-year-old, does this for five hours each day and, he gets about $1. 0 for every rocked crushes. he uses the money and he wants to be a doctor, and that's why he works in the quarry. >>> i want for him to go to school. now i stay here and he crush the rock for almost 3 years. >>> existing laws, curb are weak and not enforced. and activists say, it is widespread in almost every part of the economy and they're calling on the government to do more to stop it. >>> you have a right to education and going to school, and, prevention from child labor. >>> liberia is one of the poorest country's earth and it has eroded some of the games since the end of the civil war. lower gross forecasts and greater realities, and, th

but the asia pacific union. it's key to world peace. japan's business community hopes to push by the end of the year. >> he also said that it's important for the corporate lead ers to promote with china and south korea. officials are getting ready to discuss restrictions on the japanese seafood. it's by the agreement and japan wants the restrictions after the 2011 nuclear accident. south korea has band imports from the eight japanese prefixtures. fisheries minister said that the south korean government approves approves. >> translator: the japanese will step up to lift restrictions as soon as possible. >> they say that the rules require the talks to start within 30 days of the request. >>> the south east country is set to open it's own boards for the first time this year. officials briefed about ten visitors from the stock trading. japan ex change group will be the supply management know ho. >> translator: everyone hopes that the stock exchange will be established. i will share what i learned on this visit with my country. >> the group

will not let china influence its allies. >> we will remain the principle security power in the asia pacificecades to come. >> reporter: jamie mcintier, al jazeera, the pentagon. >>> another republican governor is joining the race for president. how bobby jindal's career could hurt his bid for presidency. ing. >> "techknow", where technology meets humanity. monday, 6:30 eastern. only on al jazeera america. ♪ >>> fire crews are battling wildfires in parts of four western states this morning. there are hundreds of fires just in alaska. riz identifies of one village there had to evacuate their home on boats. several fires are burning in oregon and washington state. in southern california a fire burning 90 miles east of los angeles is now partially contained. >>> a growing number of states are moving to formally ban therapies designed to turn a gay teen straight. scientists say it simply does not work. but a movement in building in churches and online to help people give up what they call unwanted same-sex attraction. duarte geraldino has more. >> give me the shotgun. i'll hold him as long as i

in the asia pacific there are nearly 50 budget airlines one of the most successful is air-asia. it offered better deals. >> it may in the look like a start up. it will be a start up. there'll be a new shareholder. everything will be new. wedding back will likely be the biggest challenge. greece's creditors are holding an unexpected meeting. the german chancellor is meeting the president from the international international monetary fund from the european bank to decide whether to make a time offer. a greek minicabinet is at the same time in athens. the trial began in columbia's capital. miguel maza was head of an intelligence agency which when an assassination took place of a high official. he was accused of taking payment to reduce the presidential detail. maza has been in gaol since 2013 denying the charges. >> a skin cancer treatment is bean described as a once in generation advance. scientists sigh results of a trial of drugs are spectacular. in the u.k. trial more than half patients have seen time yours shrink. >> reporter: when pam smith was diagnosed with skin cancer, she

united states rebalanced to the asia pacific, and stepped up meddling in the affairs. this complicated the situation in the south china sea. before that, china had been working with the asian countries to find a peaceful way to maintain stability she abused relations with those countries, but the preps of the united states adds a complicating factor. it's up to the united states whether there's a conflict or not. china certainly will maintain sovereignty. and at the same time will continue to work with others to try to find a peaceful solution. that is what china will continue to do >>> last month the u.s. dispatched a pass eyedon plane. last year you'll remember the pentagon said a chinese fighter pilot encountered a dangerous intercept. a few yards from behind the plane and demonstrated acrobatic manoeuvres that the pentagon said were aggressive. here is my concern. you said the u.s. was meddling, and will determine whether or not this is a conflict. are you confident that one side or the other is not going to get us into a war over the islands in. >> i still thing t

in other markets in the asia pacific region seoul was upup .25 percentage point. sheered by a rate cut. the philippines extended gains ending up 1.62%. >>> brewers of japanese sake are enjoying growing demand overseas. but foreign versions flood the market. now authorities in tokyo are stepping in to protect the brand. officials at the national tax agency briefed lawmakers on a plan to introduce strict labeling standards. the officials say only drinks made in japan with domestic rice would be able to carry the label japanese sake. clearly differentiating between the two will boost exports. they say they'll ask authorities overseas to crack down on violations. they plan to have a similar labeling system for japanese wine. they hope to get the rules this year. >>> japanese food and beverage makers are competing to produce bottles and containers. they believe innovation in this area will help them differentiate their products from the competition and increase market share. here's a report on the fore front of the developments. >> reporter: water from mt. fuji runs ab

this includes unusual typhoons and floods and other natural disasters from the asia pacific region. the rising sea levels have also a great impact on the livelihoods of the local people here. reporter: the people here need to take action to protect their environment. the dutch development organization snv is teaching shrimp farmers how to plant mangroves. these workshops are funded by the international climate initiative. today they're learning about water quality, vital for healthy shrimps. the shrimp farmers are investing a lot of their time. but it's worth their while. tan viet ho: after joining the program our productivity has been rising significantly. before joining the organic shrimp farming program, we earned 200 million vnd per year. and this year after two months, we already earned 100 million vnd. reporter: around 50% of vietnamese shrimp production is located in the ca mau region. over a billion euros' worth of shrimp was exported from here last year. the country's biggest shrimp factory buys the harvests of aquacultures. in the long run, though, the factory is unwilling

he says it is the biggest security challenge facing the asia pacific region. wayne hay has more. >> it is really all about combating the message that is spread. is believed to send out tens of thousands of messages through social media every day. hoping to retract new recruits. heading over to iraq and syria to join isil, so far it is believed around 100 have done that there is also a lot of discussion about this summit about a community led response, of course, governments in this region including australia have been very busy. passing toughest anti-terror laws but there is also a growing aware thans there needs to be a community led response to this problem particularly when it comes vulnerable people in those. a watchdog says u.n. peace keepers may have committed sex crimes while on duty in haiti. the associate press reports that peace keepers traded food medicine and cell phones in exchange for sex. and the a.p. says about a third of the people exploited were children. nearly 7,000 in haiti. james base has more. >> the u.n. is making no comment, they say t

they affirmed their countries will keep working together to achieve peace and stability in the asia-pacific region. >>> south korean authorities are reporting two more deaths from middle east respiratory syndrome. they say the mers outbreak in their country has now killed 13 people. they confirm 126 infections. the latest case is a high schoolteacher. a world health organization team is helping the south korean government contain the outbreak. >> i think one of the important actions to take will be to invest more in the strengthening of the public health situation in the country. >> w.h.o. team members visited hospitals and studied mers symptoms. they're trying to understand the virus, and how the outbreak began. they plan to announce their findings later saturday. >>> u.n. officials say peacekeepers on deployment commonly barter cash and goods for sex with local women. they made the accusation in a draft report seen by the reuters news agency. the authors work for the u.n. office of internal oversight services. they say peacekeepers often get local women to have sex with them in return for

concerns about china's efforts to expand its military influence in the asia pacific are certain to dominate talks. but china's political and economic ambitions are also on the agenda, and experts say that those two are certain to generation tough conversations. among the big problems, cyber security. unnamed u.s. officials blame hackers for recent attacks on recent u.s. servers. complaints on restrictions on doing business in china and washington accuses beijing of manipulating the value of the yen that makes it hard for sell u.s. products in china. some say that u.s. must view china as an equal military and economic power if it wants an improved relationship. >> china is creating the facts with the institutions it's setting up, the role it's taking on in a way that means that these conversations have to be done effectively. and the tone of them increasingly reflects that. >> the challenge for the u.s. is to insure that beijing takes its concerns seriously while not putting on so much pressure that it loses access and influence of its own. >> activists in syria say ten people were killed fr

china sea, china is out of step with both the international rules and norms that underscore the asia-pacific security architecture and the regional consensus that favors diplomacy and opposes coercion. >> reporter: delegates from other countries also called for a diplomatic solution. chinese workers are turning rooef reefs in to land masses. the u.s. has stepped up reconnaissance activities in the area. they deployed war ships and patrol aircraft. china's representative justified the reclamation work admitting it was partially for military defense in addition to fulfilling its global obligations for maritime rescue. >> translator: the work is reasonable and justified. and within our sovereign rights. it also does not affect freedom of navigation. >> reporter: a regional security expert who attended the forum questions whether china's rhetoric was accepted by delegates. >> china tried to insist this is for the humanitarian purposes and also to utilize for disaster relief. but we are not sure that whether china can make things clear to convince the southeast asian neighbors. >> reporter: atten

in the asia pacific region there are 50 budget airlines. one of the most successful is airasia. it competes directly with malaysian airlines with 75% of its routes offering better deals. >> it might look like a start up but in fact it will be a start up. it will be a new legal entity. new shareholder new strategy, new management. everything will be new. >> but winning back public confidence will likely be it's biggest challenge. al jazeera hong kong. >> 42 people face murder charges when a factually killed 1100 people. the accident sparked a global outcry for greater safety in these factsry factories which made clothes for international glands those who worked here earned close to nothing. they made clothes for the world's biggest brands. 1,137 people died when the factory collapsed. it was bangladesh's worst industrial accident ever. it opened the eyes of the world to the appalling safety standards of the clothing industry here. the owner of the factory was arrested soon after and now we know he'll be charged with murder along with 41 others. the lead investigator in this case

now to the asia pacific, we'll monitor the shanghai composite, how it trades after a holiday on monday and also get manufacturing purchasing managers data for china later today and the index has tallenfallen considerably as the government tightens controls over excessive lending to investors. now, we'll continue to monitor also here in japan, banking, insurance and pharmaceutical stocks pretty much some of the best performing sector shares on monday here on the nikkei so we'll continue to watch that. a lot of focus on how china trades today and japanese shares related to the china markets, as well. that's all for me, back to you. >> okay, we'll talk to you in a few hours. >>> soft bank plans to invest in solar power generation projects in india to help the country address its power shortage. soft bank chairman and ceo unveiled a plan to set up a new joint venture with indian confirm. it will invest $16 billion in solar projects over the next ten years and generate 20 gig watts of energy. >> we'll create the largest country for the solar energy. >> india faces a serious power shortage.

in other markets in the asia pacific reason seoul's kospi stretched its winning streak to a third day. indonesia gained .8% after keeping the key interest rate unchanged. sydney gained 1.3%. >>> sales at department stores in japan rose in may for the second straight month. industry officials say nearly $4 billion in sales were recorded at roughly 240 stores last month. that's 6.3% higher than a year earlier and a shine stores are recovering from the consumption tax hike last year. officials with the japan department stores' association say foreign tourists boosted sales. a spell of good weather helped too, prompting many people to splash out on summer clothing. officials hope that rising stock prices and an uptick in consumer sentiment will keep the momentum going. >>> the u.s. house of representatives has passed a trade promotion authority bill or tpa after removing legislation to aid american workers. it would give president barack obama more authority on trade deals such as the transpacific partnership. house members passed the so-called fast track bill on thursday with a vote of 2

in other markets in asia-pacific region seoul's kospi shed 0.2% and finished the week down more than 2%. concerns over the mers outbreak weighed on market sentiment. hong kong's hang seng extended losses ending down 1%. manila ended down 0.36%. and jakarta's composite index gained by just a fraction. >>> japanese tire maker says it will scrap its alliance with a u.s. partner. the company says its 16 year relationship with goodyear tire and rubber was producing limited results. their joint ventures have been selling goodyear tires in japan and dunlop tires. its president says changes in the business environment make the break up unavoidable. >> translator: we will now have greater flexibility in developing our business strategy. >> officials say they will turn their joint ventures in japan in north america to wholy own subsidiaries. >> toshiba delayed some bonuses. officials say the bonus cannot be calculated because settlement of accounts for the last business year has been delayed. they say the electronics maker will defer performance based bonus pay to rank-and-file employees. paym

highlighting the importance of education and, 168 million children and most of them 78 million are in the asia pacific region. 59 million are in africa and that's 1-5 children there and estimated 13 million in, child labor, in the caribbean and northeast and north africa, cam body a is eliminating most hazardous forms of child labor next year. >>> now the report. >>> the arrival of the truck at this field marks the start of the working day. >>> no one is too young to work. >>> with children, only able to earn $1 for a day wielding a chopper, the smallest of fingers are needed for families to make enough to live on. >>> family groups working together. >>> we have come here with world vision, one of the organizations, helping cambodia, realizing its goal of putting children like these into schools full-time and also, his dream. >>> i prefer being in school, but we need the money. >>> across cam body a child labor is still a problem. >>> it is most playant in the country side. >>> recent efforts to clamp down in the cities have largely moved the problem from view, but in the factoriries you just have to

government has been inviting investors hoping to fashion it's a the next gaming capitol of the asia pacificn dis -- despite other casinos taking a hit in profits lately. >> this is our hopefully meaningful contribution to elevate the recent industry as one of the main engineers of economic growth but also the point about the employment. for permanent jobs. >> reporter: there are five resorts planned all in all. and the government estimates 30 to 40,000 people will be directly employed by them. officials are also counting on indirect employment. security guards maintenance people taxicab drives vendors. the expectation is around 100,000 jobs will be created around the gaming industry. richard has been ferrying passengers along this street for seven years. this cap is all he has. he and his family of six take turns sleeping in it at night. he was looking forward to the new edition of the neighborhood but he is not allowed to get close to it. >> translator: business is actually slower now. i earn less money and there's more competition. >> reporter: like many other philippineo's he feels the c

heas demonstrated his intelligence, in his seriousness, and his focus on the asia-pacific region betterhan any of his that assesessors, i think. in that, he did a terrific job. this was a shangri-la speech to remember. the main audience is the region. i think this whehen a long way to reassuring the region, our allies and partners, to mobilize others who are against chinese bad behavior, but not against china andd then he visited to keep partners, below hanging fruit of the defense partnership in the asian-pacacific, vietnam and india. is is a slow long-term project, but he took the next step.. vago: how is this trip received byby the region, including by china? trick: -- guest: china was not happy w with it. vago: which makes it a success. guest: it was clear that the intent was more toward china and they rejejected that out of hand. certainly they did not want to see the americans get any closer with the v vietnamese. they are not happy about that. and with india certainly hope that new delhi does what new delhi often does, which is reach out, but never commit fully to one side or the

in other markets in the asia pacific region seoul fell to a three-month low at one stage. indonesia and the philippines bucked that trend. the philippines closed up by almost .7%. >>> more people from asia are visiting japan, but few venture beyond the popular tourist spots in big cities. local officials are trying to change that in the hope more visitors will explore attractions in the rural regions. travel agents from 11 countries and territories including china and south korea are gathering at an event near tokyo. an official in northeastern japan is making a pitch for his hometown explaining its famous castle apples, and cherry blossoms. >> translator: the number of foreign visitors to the northeastern region of japan has been sluggish since the 2011 tsunami and earthquake. i came here to promote our beautiful spots so more tourists go there. >> we try to get more options for our repeat customer to japan. for malaysian the first golden route is tokyo, osaka. other than that we look for something else. tohoku, yes, will be my first option. >>he japan national tourism say

in the south china sea, china is out of step with both international norms that underscore the asia-pacificity architecture and the regional consensus in favor of a non-coercive approach to this and other long-standing disputes. >> china has emerged as really a formidable competitor and as they are asserting themselves on the global stage, the long- standing consensus that china's rise is good for the u.s. is beginning to break down. >> woodruff: henry paulson and bob rubin worked for presidents from different parties-- george w. bush and bill clinton-- but they agree on the need to chart a mid-course correction in u.s. china relations, and say it needs to happen soon. what is it about this u.s.- chinese relationship that you think it was so important for the american people to know right now? >> i think that when you have the two largest economies in the world, united states and china, you have the opportunity for a mutually beneficial bilateral relationship and in addition, if we can get that right and if we can get a broad based understanding and recognition of each country that we benef