the leon dog market was once the largest place to buy pet dogs in beijing.about to be relocated due to redevelopment and many sellers have already moved out. liu has heard that buyers are purchasing dog meat from people who are leaving. many of the animals sold for meat are large dogs, such as tibetan mastiffs, which have lost their popularity as pets. all of the stores must be gone by september. but while the streets are very quiet a few stores are still open for business. >> signs for tibetan mastiffs line the once-crowded streets. and stores look like they have been closed for several months. >> as the craze for tibetan mastiffs was coming to an end, numerous cases in which people were being attacked began to emerge all over china. in most cases, owners simply weren't able to discipline and control one of the world's largest dogs. now, the places that specialized in big dogs are almost all desserted. >> we came across some tibetan mastiffs that looked abandoned and neglected. there are no signs of the store being open, or anyone taking care of the dogs. t

what is the evidence that time may not be on beijing's side or beijing may begin to perceive that to be the case? you know, the argument for the prc to remain patient is that the mainland is becoming increasingly powerful economically, politically and militarily, especially relative to taiwan. so if present trends continue, it becomes increasingly not decreasingly difficult to imagine how taiwan could resist in the long term the prc's determination to athief some kind of outcome favorable to its preferences, which is like a really long-winded way of saying something like unification. um, and i -- i'm going to skip over a description of those favorable trends, but just to say that while the prc's political, economic and military might all are increasing, they are increase at different speeds and it's not really clear how we would know when the mainland's power had reached the point where the tide had decisively turned in its favor so that for the chinese leadership, trying to know when to change policy toward taiwan is more art than science. so the biggest problem that they face in tr

have that coming up, and more on the march in beijing. making his keynote address to the chinese people. "trending business" returns in two. ♪ rishaad: this is the scene in tiananmen square in the chinese capital of beijing. addressing thes nation and indeed the world. his message is one of peace as they commemorate 70 years since the end of the second world war. dignitaries and heads of state, most notably vladimir putin of russia. this is the scene in tiananmen square. he is addressing people there. let's take a look at some of the other news being made. president obama's nuclear deal moving closer to law with the news he has enough votes to support it. a maryland democrat becomes a third. iran says it will welcome american companies back into its oil markets. >> the doors are open. companies, because we want technology and we want competition. projects we want .eal competition the still unnamed man was arrested to the cambodian border they say his fingerprints match those found on the bomb making material and a apartment. police said t

let's first go to adrian brown, live in beijing. now, adrian, xi jinping says he wants to reduce the people's liberation army about 300,000. what is behind the decision? >> well, xi jinping appeared today not as the president of chi china or the secretary of the communist party. today china sent a message to the world - we were on the winning side in the war against japan 70 years ago, and we'd be on the winning side again should that country or any other attack us because of this vast military arsenal that we have. president xi jinping, as you pointed out, announced a 15% cut in the size of his armed forces. analysts say one of the reasons for this is that he wants to have a modern army, a fit ir military, and focus more on the navy and the air force. that has implications for disputes in the south china and east china sea. let's listen to what the president said a short time ago. >> translation: we will make sure that we can build a new international relationship based on mutual respect, development and peace. i hereby announce th

a massive parade in beijing marks 70 years since japan's

lock down in beijing. what kinds of measures are in place? >> well, you know extraordinary measures. this remember antonio is a parade to which the ordinary people are not invited. along the parade route people have no been told to not stand n their balconies, most roads are closed, it is a two day public holiday, businesses offices have shut. outside the city some 10,000 factories have had to stop production or reduce production and the aim the intention is to ensure that we have perfect blue skies as we did during the apec summit last summer. the government has engineered that, once more. but as you say a tight security lock down and of course it's going to cause economic hardship at a time when this country's economy is already slowing. >> adrian brown in beijing. thanks. >>> and joining us now is professor danka lee. she is the director of the asian studies program. pro forma lee, thank you for joining us. >> thank you for having me here. >> this was a brand-new holiday. the tradition was to have only

so when's the evidence that time may not be on beijing's side or that beijing may begin to perceive that to be the case? you know, the argument for the prc to remain patient is that the mainland is becoming increasingly powerful economically, politically and militarily, especially relative to taiwan. so if present trends continue, it becomes increasingly not decreasingly difficult to imagine how taiwan could resist in the long term the prc's determination to achieve some kind of outcome favorable to its preferences, which is like a really longwinded way of saying something like unification. and i -- i'm going to skip over a description of those favorable trends but just to say that while the prc's political, economic and military might all are increasing, they are increasing at different speeds and it's not really clear how we would know when the mainland's power had reached the point where the tide had decisively turned in its favor so that for the chinese leadership, trying to know when to change policy toward taiwan is more art than science. so the biggest problem that they face in tr

beijing lead jingping to do something. i don't think so, to be honest with you. both relationships are both so sensitive, but also so special. not like foreign policy from beijing's perspective. any to get control of that and watch out more because it could really trigger a kind of crisis that would be unmanageable at the end of the day. and certainly, if there were a course of response, i think mike's points of right on target. that we will see, as i said in my remarks, we will see some consequences. i don't think that those consequences are, unless we get into a very negative, vicious cycle here, which is a risk, i don't think they will be so consequential that we're going to end up with that kind of risk for security taiwan. >> overtime. >> will have to see what happens. people into what are not anxious. they do not want a crisis. why is the status quo so strongly supported even within its great nations, because of that. beijing -- itns may have reasons to act, but not to have a crisis. percent-80%-90% agree with that.

we will have a live report from beijing. good morning senator smith. lauren: good morning. i am lauren simonetti. u.s. stock futures point to a higher open for wall street after yesterday's present losses in the dow fell 400 xt nine points. what show you how we shape up this morning. the dow was up 69 points, s&p up 7.5 and the nasdaq 20 points. sandra: looking at asia right now. stocks down this much is 4.5% but ended the session was slight losses as you can see the same thing, shanghai and nikkei off a little bit. lauren: european stocks that have been hired for right now they are falling back to the ftse benefits of 1%. the same percentage loss in the german dax is relatively flat. train to the wild ride in the oil market i watched very closely is not slowed down one bit after some rain over 7% in yesterday's trading oil prices fall again today. you look at oil off another 2% this morning. more on that coming out. sandra: yesterday they gave it a relatively flat. after he skidded more than 1%, the dollar and other major currencies looking at the euro right now at 112 dow

what has beijing been saying during the campaign? i think it's a mixture of what i would call hard messages and soft messages and that's a phenomenon we've seen before in the way beijing has dealt with taiwan at a time when it's not clear what is the best policy on the way forward. some of the hard messages, i think, were the comments that had been referred to by xi jinping in march and may of this year and the fact that they have conducted some military exercises that have been interpreted as aimed at sending a message related to the election. and the softer message is, in part, also xi jinping. because his comments have been, i would say, not always clear just what he was saying. there have been times when he talked about the importance of unswervingly maintaining continuity in the peaceful development of cross strait relations which has a certain soft message in it. and that's the way he spoke to jon when he was in beijing recently. and i think the way they have dealt with taipei mayor shows a certain flexibility on issues which w

the plane was headed from beijing to kuala lumpur. investigators examining wing parts since it was discovered july on the french island of reunion. no more plane debris found around the island in searches conducted for 10 days last month. french investigators continuing their analysis of the fragments to find clues of the plane's fate. >>> japan's foreign minister rejected recent marks by a russian official. they concern four islands controlled by russia but claimed by japan. russian deputy foreign minister murg loaf said his country had has not been on the issue. he said the matter was settled seven years ago. he insisted the islands became territory since world war ii. he made the comments following visits by dmitry medvedev to the islands last month. on friday foreign minister said the remarks were counter-productive and not true. >> translator: the remarks also go against an agreement with shinzo abe and vladimir putin. we cannot accept the remarks. >> japanese government maintains the islands are an inherent part of the territory

beijing, there are people in this room over they're. it smelled like coal and wet wool and sheep tobacco and i absolutely love the sense of this place that was just sort of beginning to unfold in front of you. you are able to travel in ways you could not before, but it was not a glamorous place.a glamorous place. when he wanted to go out for a nice night on the town you would go to the jingle a hotel which the architect described as aa perfect replica of a holiday and he had seen in palo alto, california. china is home to about 30 percent of the skyscrapers under construction worldwide. china today is defined i should say, the last generation the story of china has been one of growth and sudden new plan. we may be having a different conversation in a year, but for the moment the defining fact has been the sudden sense that they have things that they did not have before. your average person eats six times as much meat as he or she did in 1976, but this is also aa ravenous era of a different kind in which people have awoken with the hunge

with beijing's recently marketed intervention high on the agenda.t effort a rate rise this year. welcome to "countdown." a.m. here in london. it did not take long after the feds meeting for the hawks to provide it -- us with a counter view. we showed you this chart. this is the dollar index and this is the hawks getting into gear and demonstrating their power to move the greenback around. ellen speaks again. we will wait to hear exactly what she has to say. i think it will be fascinating. let's get you an earlier indication as to what will happen. this is a fair value story here. ,robably .2 of 1% move higher similar to what we were saying. possibly even a little bit more. the dax could open more strongly. need are the numbers you to look at the head of the european open. overnights wrap up news including a treat that -- a tweet that moved the market. and hawkish comments from the fit's dennis lockhart. julie: the dow and the s&p finishing higher. the nasdaq could not quite make it there. in 18 of the past 23 sessions we have seen triple digit moves

a massive parade in beijing marks 70 years since japan's surrender in world war ii. as apple gears up to launch its latest iphone, could sony's newest model give it a boost in the cell phone market? the venice film festival gets underway with the 3-d hollywood blood buster -- blockbuster "everest." first, our top stories. we are having quite an issue today with the situation in hungary. lots of information coming in as we speak and this morning, hundreds of migrants who were blocked out by that train station in budapest were let back in. the police ended the blockade early this morning, and people climbed over each other to board those playing -- trades. already,the station but apparently the migrants were taken off that train about half hour outside the past at a spot near a refugee camp, not far from where they were taken off. some migrants that were actually laying down on the tracks were taken away by the police. many more refugees who were on that train that left the past have also run off. we are at the train station in budapest. rushedreds of migrants into the

i also think this is going to be met with a more hard line stance in beijing.his government is increasingly confident in its ability to back up its territorial claims. but i don't see armed conflict as being a real risk. >> let's go back to the question is of cybersecurity which is, i happen to agree with you. i think that is probably the trickiest one to get a handle on. the chinese are a proud country and they don't like being lectured about their practices and we don't like being lectured and i'm sure the chinese believe we're involved in probably some cybersecurity issues that would not be helpful to them. >> absolutely. that's why i don't think we're going to see a lot of traction. i think that washington has recognized they have to focus on points of leverage over beijing. right now that point of leverage is access to u.s. markets for chinese companies. that's why we've seen sanctions put on the table as a policy option. and in fact, i don't see that threat of sanctions being off the table anytime soon. unless beijing comes to some significant agreement w

they went to beijing before the apex summit. it was hosted by beijing but they came up with four points of agreement. with a precondition quick capsule enough. we all know they created the foundation for both leaders to be able to sit in the same room together. we also the picture, right? it was not a warm embrace. it was not a solution to the imperative of risk reduction, right? but it began the process. now, i suspect that given the body language of the hague summit in the netherlands last year but i suspect president park in prime minister abe can get all of the better body language but they did at that particular meeting but i think engaging in the conversation, whatever those points may be, that the diplomats can work through, that's the beginning of a solution to the problem. i don't think you're going to have a prepackaged comprehensive solution prior to summit, but a thing to have a good understanding of what they want to go. >> just a quick response. i have a lot of faith in the creativity of the intelligence of korean

that is a common site in beijing, unfortunately, george.his a more permanent feature of that wonderful city. >> i'm sure people would love to see the blue skies more. >> including some of our correspondents over there. >> yes. derek van dam, thank you so much. >>> you're watching "cnn newsroom." still ahead this hour, thousands of migrants cross from hungary into austria overnight. more from the border as "newsroom" continues. i was going to the library to do my homework. it was a little bit of a walk to get to the bus stop. i had to wait in line to use the computer. took a lot of juggling to keep it all together. what's possible when you have high-speed internet at home? the library never closes. it makes it so much better to do homework when you're at home. internet essentials from comcast. helping to bridge the digital divide. >>> we welcome our viewers here in the united states and around the world. you're watching "cnn newsroom," i'm george howell. we continue with our coverage of the migrant crisis that is engulfing europe. thousands

is this a case of beijing speaking softly but carrying a big stick? >> well, we have to remember that nationalism is one of the remaining potent pillar of legitimacy for the communist party. the economic numbers are not looking good. it's likely economic growth will slide to 5%, 6% in the coming years. the administration needs to stop nationalism to keep the country together and above all to boost the communist party's perennial ruling party status, its own power as th the undisputed straw man for the 21st century. >> thank you very much. >>> we move on to other news in europe struggling to deal with the huge influx of refugees. the prime minister is expected to meet with european officials to discuss the refugee crisis. in the past 24 hours more than 1,600 people have been rescued from boats in the mediterranean sea. 4,000 others have arrived in greece from turkey. there is frustration among hundreds of thousands of refugees. they broke through the police cord and tried to enter the country. hundreds have remained stranded outside the main train stat

it is the fruit of evan's eight years of living and working in beijing. in the book he traces the rise of the individual in china and the clash between aspiration and authoritarianism. a colleague of mine at the washington post wrote a wonderful review of evan's book in which he had this to say. quote: in the pages of the new yorker, evan osnos has portrayed, explained and poked fun at this new china better than any other writer from the west or the east. in the age of ambition, osnoshe takes his reporting a step further, illuminating what he calls china's gilded age, its appetites, challenges and dilemmas in a way few have done. evan also is a contributor to this american life on public radio and front line, the pbs series. before moving tofr the new york, he was the beijing bureau chief for the chicago tribune where he contributed to a series that won the 2008 pulitzer prize for investigative reporting. he's received the aegis society's osborn elliot prize for excellence and journalism on asia and a moore record a--r mirror award for profile writing. pl

our reporter in beijing has been watching the build-up to this parade and explains what china is hoping to achieve. >> reporter: chinese authorities have been holding events across the country for weeks. they are commemorating what they call the victory of the chinese people's war of resistance against japanese aggression. they mark the occasion every year, of course, but you can feel the difference this time. the tv stations are devoting much of their time to war-time dramas and historic documentaries, and for the first time ever, they're marking the day with a military parade. president xi jinping and other members of the party, launched a commemorative event in july with a speech outlining why they are important. [ speaking foreign language ] >> reporter: the xi administration wants to portray china has one of the allied victors alongside united states and britain. chinese foreign ministry has stated the events aren't designed to show hostility towards japan. >> translator: this celebration is not aimed at present day japan or its people. it has nothing to do with the relationship be

. >>> south korea's president is holding talks with her chinese counterpart in beijing.n thursday, she will be attending events marking the 70th defeat of japan in world war ii. more from harry fawcett from seoul. what we know is they have held talks but there have been objections to her visit to beijing. >> reporter: there has been some questions about it. the fact that a south korea ian president would attend a large military show of force in china is obviously something that would have to have been weighed carefully because china was on the side of the north koreans in the correspondence ian war. there is a historical factor. there is the fact it will complicate relations with japan between south korea and japan at a time when the u.s. is keen for those two key alleys to work more closely together to counter balance the rides of china and so, that is obviously another consideration that they had to put in to question before deciding quite late in the day, it has to be said, to make this visit. but that said, she is also going to china with a suggestion for a trilatera

will ripley live in beijing. thank you, will. >>> still to come, iran nuclear deal is closer than ever because of one u.s. senator. we'll tell you what she did to protect that agreement in just a moment. >>> barack obama is wrapping up his visit to alaska and says america must lead the way on one of the biggest throats, climate change. diabetes, steady is exciting. only glucerna has carbsteady, clinically proven to help minimize blood sugar spikes. so you stay steady ahead. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number... right now all beds are on sale. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. time is now for the biggest sale of the year, where all beds are on sale. save 50% on the labor day limited edition bed. know better sleep with sleep number. pwho thrives on the unexpected. andha-ha! box shall we dine? [ chuckle

bloomberg's betty liu spoke with him in beijing.arted by talking about china plans to respond to u.s. concerns over cyberespionage. >> china itself is a victim of hacking activities. is the chinese government of anyagainst hacking kind. country, say that any if there is a case, then it be given sufficient facttion but given the internet you know, the is transnational and its activities could be covert, it does time for any country to the investigation. shouldhink every country take a responsible, prudent and should proceed on factual ground. >> and there were plenty other things discussed when betty liu with yang jiechi. fullan watch that interview, "china: behind the onl," air bag today bloomberg television. coming up, heading west. chinese president leaves for the u.s. today. trades,ok at how cybersecurity and regional talks.s will dominate ♪ >> the stories making headlines around the world today. russia say they have worked out a way to avoid potential classes between their they come across each other in syria. russia is consider

what has beijing been saying during the campaign? i think it's a mixture of what i would call hard messages and soft messages and that's a phenomenon we've seen before in the way beijing has dealt with taiwan at a time when it's not clear what is the best policy on the way forward. some of the hard messages, i think, were the comments that had been referred toby xi jinping in march and may of this year, and the fact that they have conducted some military exercises that have been interpreted as aimed at sending a message related to the election and the softer message is, in part, also xi jinping because his comments have been, i would say, not always clear just what he was saying. there have been times when he talked about the importance of unswervingly maintaining continuity in the peaceful development of cross strait relations which has a certain soft message in it. and that's the way he spoke to jon when he was in beijing recently. and i think the way they have dealt with taipei mayor shows a certain flexibility on issues which wou

here is harry fawcett who is in beijing. >> thanking beijing for their constructive role in easing tensionsetween north and south korea. she said that during those tensions they had communicated closely. contrast that with what kim jong-un was saying last week. he said that north korea what have to focus against the south on their own. north korea's national defense chose this day to release a statement sighing that nor admitted responsibility for the landmine last month that injured two south koreaen soldiers. as for xi jinping, he said that the work between park and himself, they have enjoyed the highest level of friendship, apparently, and talked about t how they both fought off the imperialist colonization taking place in world war ii. japan is concerned about park guen hy's attending and so the decision to attend will be taken very seriously. she's trying to get a try lateral summit running between china, south korea, and japan in the coming months. >> one neighborhood in gaza is putting color back into people's lives. they have painted their homes vibrantly in an effort to restore the

i am betty liu from beijing. ♪ ♪ (ee-e-e-oh-mum-oh-weh) (hush my darling...)ar my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. emily: it is behind some of the biggest successes in tech history. from facebook to linkedin to airbnb and instagram, greylock opened its doors in boston 50 years ago, but since landing in silicon valley in 1999, it has backed hit after hit. they have backed 170 public companies, four of them worth more than $10 billion. joining me today on this edition of "studio 1.0," greylock partners david sze and john lilly. david, you have been at the firm for 15 years? gues6.

attacking the hackers, washington and beijing a great and new tactics. obama says sanctions are still a possibility. made in india. zuckerberg reveals facebook's history. welcome to "first up," i am angie lau coming from hong kong, streaming on mobile and bloomberg.com. markets in asia, the first trading day in the week. new zealand climbs actually higher. the new zealand dollar is at $.63 u.s. cents. let's go over to japan. 225y 225 last -- nikkei closed up. futures in chicago point to a lower open this morning in asia. dollar-yen, a few markets closed. no training in hong kong after the mid autumn festival celebration. south korea is closed for harvest moon day. to the top story, reports from been given 10 has days to come up with a plan to fix it's in missions scandal. new details about the global scale of the issue. vw says no cars made in china were affected. shery ahn has the latest. shery: it continues to expand. the deadline is nearing. told vw car regulator to have a plan for if and when their cars will meet national emissions standards. that de

i met a woman who was a lawyer turned activist here in beijing. started being an activist during the beijing olympics when her and other homes were knocked down. she was imprisoned and detained for three months. where she said she was tortured by police. she has to use a wheelchair now, christine. these issues are still prominent here in beijing and not likely to be addressed at the u.n. >> not likely to be addressed. saima, president xi has a big facebook page with all kinds of video and photos of his trip to the united states and trying to get it viral in the u.s. you won't see that in china because of the censorship there. that is a sub text of that. >>> and a tense meeting with president obama and vladimir putin. face-to-face for the first time in years. ready to take on new controversy. we are live next. >>> president obama set to meet with russia president vladimir putin in hours. face-to-face for the first time in two years. from the war on isis to the conflict in ukraine. >>> donald trump losing his lead in the race for president. the new

have that coming up, and more on the march in beijing. making his keynote address to the chinese people. "trending business" returns in two. ♪

a broad mint about the frosty nature of the relationship currently between beijing and pyongyang. north korea's national defense commission chose this day to release a statement criticizing south korea for how it had been characterising the agreement, saying that north korea had apologised, admitted responsibility for a landmine blast last month, injuring two seen sold yers on the southern side of the demilitarized zone, saying the expression of regret made clear was that. there was no apology, and they should stop saying that one had been made. as for xi jinping, the work of park geun-hye and himself led to south korea and china enjoying a high level of friendship. and said that both fought off the aggression and immaterialist colonization. a clear message about japan. japan concerned about park geun-hye's attendance at the military parade due for thursday in beijing, the united states as well will want japan and south korea to work closely together at a time when china is rising in power and status in this region. the decision to attend will have been taken seriously, she, thoug

they apparently still see beijing as their best hope for prosperity. takafumi terui has the details from the world economic forum in the chinese city of dalian. >> reporter: participants from 90 countries have just spent three days debating a whole host of issues, but leaders from some developing nations seem to have just one letter on their minds. they are keen to apply for a bigger share of the fruits of chinese growth. the prime ministers of georgia and mongolia both called for closer ties with china and the rest of central asia. >> now i want to launch negotiations about free trade with china. i would have a meeting with the chinese prime minister tomorrow. >> we have substantive talk about the transmission lines between mongolia and china. >> reporter: businesses in the region are excited about china's new silk road project. they hope to benefit from new land and sea lanes that will link the economies of asia and europe. the georgia prime minister says his country is ideally located to take advantage of the flow of commerce. the mongolian prime mi

it is fashion week/hillary clinton impression in beijing.is really interesting, i was there 20 years ago. i did a semester abroad at beijing university. the amount of bicycles 20 years ago, overwhelming. i saw practically none when i went back. people were on electric scooters, driving cars, no more bicycles. mark: what can we infer from that? of thethe modernization chinese market and the growing, i cannot say middle-class. but it have middle-class is not bigger than the poor in china, but it is a growing urban class of people who have more disposable money. travel furthero and they can buy electronics and buy more machinery. i felt that was fascinating. the other part of it, though, was that when we were there, the military parade had just finished and the skies were clear for that. each day that we were there, the skies grew hazy year and hazy here. hazier so by the end of the trip we did get a look at this pollution problem. mark: what do the chinese people think of the west? betty: i cannot answer that in 20 seconds. there is obviously,

one of the most problematic manifestations of beijing's new power but more poorly beijing's new assertiveness is what's happening to the maritime security domain, and the degree to which beijing has demonstrated a readiness and capacity to use military and economic, diplomatic informational tools to intimidate claimants to territories in waters in first and second island chain, and we used to think for a long time, certainly when i was in government, that taiwan problem is a security problem and cross state security. over the last decade, maybe it was enlisted under think of is but a think rather it's the nature of the pop has change. increasing went to think about the security of the whole first island chain which stretches from japan through taiwan strait, philippines, and the second island chain which does sort of straight down through guam. in the years before the nixon law doctrine in 1969 almost every u.s. national city council document, mostly these classified now, start with some reference in the importance of the first island chain. it's coming back. taiwan is right in the of it and

market players think li's comments indicates beijing intention to top the yuan from plunging and to keep its rates stabilized. let's see how the markets are doing after a stellar performance yet in tokyo. we go to mayu, we saw prices sky rocket on wednesday, something we haven't seen in many years.

would have been told that i think once the occupation had started, once we saw the response from beijingin the comments and denunciation and the case with china and not seen to give away to demonstrators and have not since the tieneman square and we have seen some meetings between senior chinese officials and prodemocracy groups to talk possibly about a way forward after this impasse but certainly they won't want to see giving away to any demonstrations that might happen here tonight, jane. >> rob mcbride thank you. a separatist coalition in spain's region won a landmark election and took 62 seats out of 135 in the regional parliament, if they join forces with the proindependent left wing party they will have a majority that will allow hem to pursue independence and we report from barcelona. >> reporter: it looks and feels as if nothing can stand in their way, independence, hungry in full cry. >> nothing like that has happened in europe in the last year. >> decides the future and the future is the only way. >> reporter: who will deliver it for them? a coalition of parties from the right

patricia sabga, al jazeera. >> victor gow, good morning to you out there in beijing. thanks for being i with us. >>> thank you for having me. >> let's pleasure the temperature of u.s.-chinese relations, have they changed at all after there visit? >> i think after this unprecedented state visit which is the first for president xi jinping, china-u.s. relations have improved significantly. at least the tension points can be now better managed going forward. >> significantly. >> and president obama and president xi jinping -- yes definitely. this gave the two presidents a chance to talk about what they care most: for example, the cyber security issues between china and the united states and the tension in the south china sea, even though these very difficult and challenging issues cannot be resolved right away, at least channels ever communication have been established and the two countries can resort to discussion and request negotiationegotiationsrather ths line can prop up in the coming years. >> as you may well know mr. gow, we had another visitor to the country in th

last week in beijing. what came out of that? myron: we took a delegation of former officials and ceos of u.s. companies. we want to talk about the importance of our bilateral , understand china's direction in terms of reforming its economy at a time when the world economy is struggling. we wanted to be candid in our views about issues in our relationship that are causing strain -- talking about cyber issues, market access issues, the regulatory environment, china's national security law that has tech companies and banking companies very concerned. there's a lot to cover in the conversation. china wanted to project confidence and talk about the direction of our relationship. we also said this is not a tipping point but it is a pivotal trip for the president. we hope he can assure us there's a path forward to resolving outstanding issues. betty: it is a critical moment in relations between the u.s. .nd china top of mind is cyber espionage. thethe accusations that state government is sponsoring hacking of american companies. this i

adrian brown, al jazeera, beijing. >>> the u.s.ment has launch aid criminal investigation in to the world's largest selling car maker volkswagen. it's accused of facing-y missions tests to diesel vehicles, and could face $18 billion in fines. >> reporter: this was the frankfurt international motor show on monday. under the bonnet i've dark secret revealed last week by the he want environmental protection agency in the united states. vehicle rag unit says has been falsifying date for years to embellish the clean en inses of its much priced turboal t.d. i evenini.it's stock last value. >> our company was dishonest and in my german words, we have throughout screwed up. we must fix those cars, the cars and prevent this from ever happening again and we have to make it right. with the government, the public, our customers, our employees, and also very important our dealers. >> reporter: the news for the makers of the people's car, the famous beatle famously resumed, could get much worse. >> they are ordering vehicles wag town recall abou

run business welcomed beijing's talk of reform two years ago but now they are saying that the momentfour in welcomed beijing's talk of reform two years ago but now they are foreignhat the -- business welcomed beijing's talk of reform two years ago but now they are stating that the moment and the momentum is lost. too many conflicting messages. it is hard to figure out. turmoil,through the has the momentum been lost? say so. would there must be so much pushback in the system that not only is reform not moving forward but there is resistance building up in the system. stephen: do you feel, and i think you do, that a slowdown in the economy is the right time to implement reform? sure, why waste a crisis? it is the best time. the problem is that it is the perception in the party and government that the slowdown will derail reform and that is the wrong take. we say that the slowdown is a warning shot to conduct the reforms of do not kick the can down the road. take it basically straight away now do the reform because we cannot wait. members what are your saying? has there been any improve

nbc's ian williams is live from beijing. and ian, vladimir putin is there, but western leaders are not. >> that's right, dara. most western leaders stayed away. now, this was a parade to mark the end of the second world war. the japanese defeat. but i think a lot of western leaders felt uneasy about n naked show of force. as something which xi jinping, china's president, wanted to use to demonstrate his strength, his confidence. that left a lot of people uneasy. especially at a time when china is flexing its muscles in the region. territorial disputes in the south china sea. a lot of china's neighbors quite uneasy. now of the kit on display today, the army said that 84% were either new or kit that hadn't been seen before in public. that will be disputed, who think that a lot of it is older stuff that's been tweaked. but certainly it was a formidable display and they went to huge length to give it a blue-sky backdrop. they closed factories days before this happened. they kicked cars off the road, determined that beijing's not

he is in beijing -- on its own nba team. he is in beijing, and stephen engle spoke to kevin plank.a for years now. we opened our first office in 2010. we will be adding in the month of september alone roughly a store a day. china is a massive, explosive opportunity. one thing we recognize is going about it the way every other brand has done is not the right thing. e-commerce plays a different role. you will see us take a different tack. one thing we know, this market is incredibly hungry for the under armour brand. bringing stephen curry right here in beijing beginning at 8:00 p.m. is a pretty big deal. hen: how did they get it wrong, the competitors? kevin: they did lots of things wrong. we are more focused on what we are doing right. i think it is one thing where you are hopefully seen that from under armour. the pace for our growth, the acceleration -- we are a business that has posted 21 consecutive quarters of 21%-plus revenue growth. our globe -- our goal is to be a global brand. we've got a lot of room for growth. while at a relatively small basis, our international growth,

an especially tense time between washington and beijing.he white house is agitated over alleged cyber tacks from china and is considering sanctions against chinese individuals and companies that it believes could be engaged in corporate espionage. china is asserting itself much more in the south china sea and that's raising tensions with american officials who's become much more protective of their key allies as well as the shipping lanes there. the chinese president xi jinping is also heading to the united states at a time when he's appearing much more vulnerable on the economy. u.s. investors have been questioning china's growth and also the government's commitment to market reform. the chinese president is going to start off the seven-day visit in seattle, where he's going to be touring boeing as well as microsoft's facilities. he's going to be meeting with several important tech ceos including tim cook and finally toward the end of the week he's going to be meeting with the u.s. president barack obama for a state dinner at the white hou