they went to china, they were so pro-china, pro revolution, but, visiting china had a disoh lu lugsing impact on them. these guys were asking too many good questions. they found william f. buckley was a nicer guest. he liked the things that they had. he had his own views before he got there. so, you have to ask, what is our goal, i hope our goal is enhanced mutual understanding what will come from that depends on what it is we observe? >> yes, i agree. >> professor? >> i don't have a question, just a quick comment. two things that -- i'm in the department of international relations. two things that we have done that we are proud of, one is a that the center under the leadership of the professor here, just passed we have helped to train u.s. federal government officials. the good thing is that we have access and good working relations with top scholars in china who know them and speak english as you have seen today and tomorrow. we have good working relations with them. so, i think this is a good opportunity for the american officials to have a chance to go to china and have first-hand

and even up into southwestern china as well.e of these areas picked up more than 100 millimeters of rain in the last 24 hours. flooding and landslides are not out of the question. but looking a whole lot better for central areas of china, especially along the yangtze river, where they have been dealing with ongoing flooding and landslide problems. let's take a look at your temperatures, then. very, very hot conditions in parts of china. 37 degrees in chongqing. 34 in shanghai. and reaching 36 in beijing. but tokyo's going to be 34. slightly cooler than yesterday. but many areas are going to be exceeding 30 degrees today. let's head to europe. we have a new system that's moving into the british isles. it's going to be the case of occasional rain for scotland. quite breezy near the center of the storm, as well. but much calmer with brighter spells down in england. that system is going to take a similar path as the last system. so bringing rain to southern norway and into central areas of europe as well, into france, too. we are co

does so very important not to believe that just because china's join the w t o just because china is seeking greater voice in the i.m.f. in the world and therefore it is going to play by western rules and we are going to be able to salvage some court kind of consensus a country like china can play both sides both and and get away with it ok john if i go back to you and care that's very interesting point can there be a global census but you still can keep your certain values the mercantile ism is mentioned here i mean well what i'm getting at is what does it mean to have a global consensus because as we just pointed out the chinese and other asian countries say well we told you so there were ten years before the crisis happened they had a different model different models of economics and even maybe global governance really has to be in play because global the global consensus determined by washington failed the world. well yeah i think it's one of the one of the problems is the idea of a consensus it sounds a lot more conspiratorial but it really you know washing consensus was not rea

because china is somehow. better than russia russia is a more democratic country when something happens in russia usually information is more just it's more accessible than the information from chinese authorities just it has been this way for a long time and obviously there are a lot of environmental disasters koeppen in china the same thing happened two years ago again it was a rebirth. ways to was spilled into a river and russia had enormous problems with that. obviously or we're not learning from the past because it's the nature of chinese state so that cannot be changed in a few years well let's move away from the politics of all this and focus on the environmental side china is facing undue usually massive floods at the moment and central russia is struck by almost precedented he way do you think that this proves climate change is happening. i'm not sure because climate change is a it's not a lean year affair there is no decline steady decline or steady increase in temperatures. it's always. changes from

and china has upped the ante. >>in a bid to control prices and consolidate a fragmented, industry, an export quota was introduced in 2004. this has decreased every year since, with an export tariff rising. 15 >>overseas demand now surpasses the quota - leaving downstream western manufacturers vulnerable. >>mackie: the us and the eu complain that china's rare earth production strategy - trade, taxation,investment and export policies - violates its world trade organisation commitments and distorts competition. the chinese, on the other hand, argue that if others want more rare earth metals, then they should exploit their own resources. >>reporter: so rare earths are now highly political. and especially so for the us military which, in a glaring example of supply chain neglect, depends on imports of these metals for sophisticated radar and weapons. >>to bolster global supplies, plans are now in place to have two new rare earth projects - in california and australia - operational by 2014. however, baiyun obo will stil

jobs have been exported to wear china all of the assets have been sold off to where china who own many of the u.s. treasury bonds but also the housing bonds fannie and freddie bonds so china should cut u.s. treasury holdings economist says so this is two economists in the state media. former academic advisor to the central bank wrote that although assets and other currencies and forms are not ideal replacement for u.s. treasury bonds diversification should be a basic principle when demand for u.s. treasury securities a strong it's a rare opportunity for us to gradually pull back so these are the same sort of you know speaking of alan greenspan who used to send subtle signals to the market insiders about what his next move was of course nobody in the population knew how to read alan greenspan but he was sending them signals of what to do to protect themselves these are the same sort of equivalent in china these economists are telling people what the program will be very soon now shang money and another economist who works with the state told the paper also that china should invest more

-- buy ships from china. but china is no longer accepting letters of credit from iran. he blames the united nations. >> i stop my visit. i cannot export anything to iran. no one except our credit. so we cannot buy it. this is everything for our people. >> the iranian president saw for himself in shanghai how relations are cooling and in the wake of china's decision to back sanctions, when none of the country's leaders came to meet him. >> and chinese scholars say the country's ties with iran have been tested by the nuclear crisis, but will not be broken. >> we are not cutting them close like a friend, but we are friendly. -- a tu are notgging -- not tugging them close a friend, but we are friendly. we will do what we can to bring iran back into the international system. >> there is perhaps one overwhelming reason my china continues to support iran. ofs country's huge reserves oil. this film celebrates china's oil industry. the shanghai world expo. but businesses here are probably not reliant -- not aware of h

-china relations. the senate judiciary committee votes tomorrow morning on the nomination of yelena kagan been -- elena kagan being on the supreme court. you can see that online at c- span.org. you also find her other appearances on c-span and passet hearings on nominees. kenneth feinberg, the administrator of dozen bp gulf oil spill -- the bp gulf oil spill forum. he spoke for a little less than an hour. n and i have known each other for about 0 years. we -- 30ears. we both worked together on catol hill, he was working for senator kennedy, a i was d come to capitol hill after completing some time as an assistant u.s. attorney in new york and also has clerked for chief judge fuld in the new york court of appeals. ken is a nati of massachusetts, graduate of university of matts at amherst, and after he left senator kennedy as chief of staff in 1980, he set up the washington officer for kay shuller. in that position he was appointed by judge jack weinstein, a judge from the southern district of new york,

so china is having to pay a huge amount of money for their own debt relative to the u.s. but the u.s. debt would be unsustainable if it were not for china recycling their own savings and america wants to label china as a currency manipulator when in fact the real problem is that america is a ratings manipulator well you could view china as a currency manipulator in that they keep they sustain the u.s. dollar beyond its natural law if that's true. so along the same lines next headline reads gold keeps rising as panicky investors look for security according to the article investors have piled into gold on fears that capitalism is about to crumble into a capitalism is about to crumble because the whole idea of supply and demand has been destroyed you no longer get price signals on the exchange which is indicative of supply and demand the prices are manufactured by high frequency trading and algorithmic trading which distorts the entire system and it's the death neal for capitalism and gold is going back to feudalism where the global economy is headed this is the fantastic se

japan and china agreed in 2008 to jointly develop the gas fields in the east china sea, but china has since refused to enter talks on a treaty despite japan's repeated requests. the project has been a major diplomatic issue because joint development involves areas claimed by both countries. >>> now let's take a look at the world of business with inez matsuyama. ines. >> thank you very much, catherine. the massive oil spill in the gulf of mexico is affecting other firms apart from bp. a japanese oil explorer has a minority investment in the offshore oil field, and bp is asking it to bear some of the compensation costs. the president of moex, a u.s. subsidiary of mitsui oil exploration testified before congress on wednesday. moex has a 10% stake in the project. >> moex had no role in the selection or operation of the deepwater horizon rig. we are minority, non-operating investor. >> ishi says bp is entirely responsible for the operation of the oil field. but he added moex will give up its profits from the oil field for the time being. the money will be used to help compensate local resi

we're keeping an eye on the south china sea. you can see a cluster of clouds trying to organize a little bit more. this is a tropical storm system. it is heading in a northerly direction, that is. about 20 kilometers per hour. it is expected to slow down in the coming days and possibly strengthen into severe tropical storm system. winds could start picking up a lot more. of course, that's not good news. it's following the path of the storm system just last week too. we're really concerned about the rain as well. in the next three days, we'll watch that really heavy rain impact southeastern china and northern vietnam. we could be seeing heavy rains to come. of course, that follows all the rain we saw last week. a big area of concern here. china will also have to deal with a tropical depression off the central coast here. low pressure system in the north. that all combined will bring a lot more rain to northeastern portions and down through central china, inland areas of china all looking at a lot more rain. the heavy stuff fallin

but china's also dealing with another low in inland areas. we're looking at rain all along the southern tier yet again today. it's been an ongoing thing for weeks now. any additional rainfall is not good news for you here. in the northeast the heavy rains are trying to ease a little bit more. instead moisture's now moving in toward northern japan. so hokkaido may be looking at a few showers today. otherwise, though, japan does stay in the dry for the most part. a lot of strong sunshine expected yet again today. temperatures are going to be quite high across east asia. 35 degrees in taipei, 34 for shanghai. and 36 degrees in chongqing. meanwhile, tokyo coming in at 35 again. and the heat's just been ongoing, very, very hot conditions have proven deadly. we're hearing of some heat-related deaths occurring in the past couple of days. once again on thursday tokyo's going to come in at 35. 36 in fukushima. 36 also in kyoto. and 38 degrees for gifu. very hot conditions. and they'll likely last for another couple of days. now, for europe today a new

according to this next headline china ratings agency downgrades u.s. debt from moody's s. and p's and fitch is chippewa a rating so if you would call it the june twentieth g twenty summit in toronto president hu jintao of china called for the creation of more accurate credit rating systems well it turns out de gong international credit rating agency which has been around in china since one thousand nine hundred four rating corporate debt but now for the first time they have actually issued sovereign debt credit ratings and they've downgraded the u.s. to below china below us strelley a below switzerland so america won't do anything to break up the cartel to break up the racket and there is a racket between the rating agencies the investment banks the fund managers and wall street and they won't do anything to break up this rocket the financial reform bill does nothing to break up the racket so china is going to break up the racket they're going to bring in their own rating agency what they have brought it and it's now announced this first thing in day gong chairman jong sai

china unchallenged the report's finding saying its calculations were unreliable. staying in china. officials in the country say three gorges dam has withstood its levels. weeks of flooding in senate -- southern china have left many dead or missing. this was the fastest ever recorded. the water rose dramatically. >> this is the fourth of china's flood season. -- the force of china's flood season. rivers turned to torrents and this is the result. people stranded. this year's flood is the worst they have seen since 1847. the old town submerged and sunday. half a million people affected. at no. 24, we found mr. and mrs. lo. it is a hopeless task. the water reached up to the ceiling, he tells me. he says it will take five years for his business to recover from this disaster. these floods have been devastating but they pose a challenge to china as a whole. the rain has been falling for days. all this water flows down into the yangtze river. it is under more stress than in any time since it was constructed four years ago. it was controversial and costly. its operators say it is preventing

china town has a large older population. more than 30 percent of china town are 65 and older twice the rate of san flrancisco population. how do we get the home bound seniors eshg vac wait. how do we find out if they are okay? another thing is language and cullural issues. a percentage of china town residents are what we call linguistically isolated meaning no one in the household age 14 or older speak english well. what this means is that all our response plans have to keep in mind that factor the signs and volunteer workers need to community in cantonese and mandarin. our trainings have to be cond t conducted in multilanguages. we convened a preparedness committee composed of organizations in china town. includes the we are fortunate to have 3 medical facilities in china town. chinese hospital. public health center 4 and we also have northeast medical service. these 3 organizations are part of our response network. we have the senior care organization such as self help for the elderly. senior health. the housing service li

the premier _ china's space in europe. he said europe would continue to serve as a key investment market, but china would hold a diversified current investments. the chancellor's delegation includes a large number business leaders. she said china must do more to ensure market access for foreign firms before your recognizes it as a market economy. >> the german government believes that once we have discussed these problems further and appropriate measures have been taken, this economy can be achieved. we don't want to see a delay. >> angela merkel met with a hu jintao. she spoke in support of free elections and democratic liberties. >> it is a two for the new containment cap bp installed over the oil well in the gulf of mexico and so far, it seems to be working. it was sealed thursday for test purposes and since then, the flow of oil appears to have stopped. u.s. president barack obama welcomed the news but warned this is not a permanent solution and an enormous cleanup still lies ahead. >> the undersea flow has been stoppe

now in east asia we're keeping an eye on the south china sea.ou can see clouds really starting to organize and take clou clouds. we've got a tropical storm system that's continuing to show signs of strengthening. right now speeds have slowed down quite a bit. it is almost stationary. but gradually heading towards the westward direction. so still on that path for southeastern china, aiming for the gulf of tonking, or rather the northern side. gusts are up over 140 kilometers per hour. there are some pretty strong gusts associated with the system. but there's also that rain we're really concerned about. rain already starting to affect areas like the hainan island, parts of guangdong province. but in the coming days we're going to see that really heavy rain area move all the way in toward even northern vietnam. so areas here expecting to pick up a lot more rain in the days to come. not good news as it's already been pretty well saturated here from that previous storm last week. now, china has been dealing with quite a bit of rain and central areas

germany is china's no. 1 trading partner. both countries are looking to do business in china and are complaining more about barriers to market entry. >> china is one of the fastest growing global markets for wind turbines. soon it will be the home to the highest number in the world. that could be a great opportunity for german manufacturers, but they are holding back, word about technology theft, and the major contracts generally go to chinese companies. china first has the largest stimulus program. that is no longer official chinese policy, but foreign corporations still frequently fe they are a disadvantage. german companies have high hopes about a german chancellor merkel's trip to china, calling for fewer restrictions to invest their, more transparency with public contracts, and lower state subsidies, which for kalemie and chinese companies have lower production costs than their german rivals -- which generally means chinese companies have lower production costs than their german rivals. german investors and businesses co

china first has the largest stimulus program. that is no longer official chinese policy, but foreign corporations still frequently feel they are at a disadvantage. german companies have high hopes about a german chancellor merkel's trip to china, calling for fewer restrictions to invest their, more transparency with public contracts, and lower state subsidies, which for kalemie and chinese companies have lower production costs than their german rivals -- which generally means chinese companies have lower production costs than their german rivals. german investors and businesses continue to hope the beijing government will improve conditions. >>> in other news, as always, the soccer world cup games gave the global sporting goods industry a big boost this past season. the increasing number of sports enthusiasts are spending their money on the appropriate equipment. our numbers reveal more. >> 7.3 billion euros, that is how much german sports retailers took in sales last year, an increase of 3.5%. it is the third year in a row sales

and then for northeastern china looking at quite gusty conditions.out for those sharp showers as well. 29 degrees in beijing. 26 in seoul. it's going to be hot in chongqing. 35 for your daytime high. now, in north america the severe weather conditions such as thunderstorms, large hail, and possibly tornados will be forming along this frontal line, especially around the great lakes it's going to be very, very windy for you. all that is going to be heading into the eastern seaboard on your friday. but the heat wave conditions will be continuing up in the northeastern corner. 35 degrees in new york and 36 in washington, d.c. heat wave also prevailing across eastern and central europe as well. temperatures really hotting up due to the jet stream meandering all the way to the north, receiving all that hot air from the -- from north africa. so temperatures are boosting here. 28 degrees in stockholm. 33 in moscow. and way above average in berlin. 36 degrees as well. now, the heat wave conditions can turn deadly. and in major cities the air quality can becom

china claims that ocean territory includes many islands and extends into much of the south china sea. if we were to look at the map of these south china sea, we'd see that china is here, vietnam is here, the philippines is here and malaysia is located here and china, being the farthest away from the islands as well as these islands, claims to have dominion over all of them. these claims, along with their aggressive presence, have caused tensions between the people of southeast asia and china to grow. the conflicts in the south china sea is hindering free navigation of these waters. which could negatively affect commercial interests and regional security. this would directly effect the livelihood of peaceful people in these nations. the time has come for the united states to take a strong stance against china's harassment before these actions escalate into hostile confrontations. china's hostile relationship has been reported and has gone so far as to commit aggressive actions toward vietnamese citizens. as a vietnamese american, i'm especially interested in the territorial integrity o

a conflict were to run the korean peninsula would be economically devastating decides neighboring china has no interest in a war and its orders are either nuclear or not. you know there's plenty. of later in the hour our report on arizona's controversial immigration law. between state and federal lawmakers heats up after the governor announces plans to appeal a court decision to strike down parts of the legislation. president obama has signed into law a fifty nine billion dollars war spending bill for the latest i'm going troop surge such as three billion will pay for an additional thirty thousand troops the rest will go on record struction and aid for veterans the bill did meet some resistance in congress when over one hundred democrats withdrew their support rather and this comes in the same week that wiki leaks released documents detailing civilian deaths at the hands of nato personnel the disclosure has increased calls to end the war in many countries including the u.k. . met a former british soldier whose refusal to fight cost him his freedom. this is the soldier who said no to the

perhaps is not that important but keep in mind china has been blocking the country's four hundred and twenty million internet users from accessing many news and politically charged sites for years along with most porn sites and in recent days many web porn friendly surfers began discovering that they actually could access their beloved smut online an interesting way enough china's ministry of industry and information technology had no comment about those sites being a blocked. i'm wondering if the chinese government has decided that maybe maybe if they allow their citizens to watch porn they won't pay attention to political or social issues and you know there have been several cases in china recently where a man walked into schools and violently killed students then killed themselves so maybe the government's realizing that they're tight control over the citizens has them all ready to snap and surfing for some porn online just might help ease those tensions you know as gawker put it keeping the population's hands and minds distracted might allow the chinese government to maintain its

that's an example in addition china a stronger china could mean more cheap goods for the united states that could mean that that could help with r. and d. and with new products and that sort of thing could help globally to help growth in these tough times which could in fact benefit america in addition one thing that's really interesting that policymakers say is that this is an example of good policy they say that china has actually done a much better job in dealing with the downturn. then the united states has that china actually put in a much larger percent of g.d.p. and terms of stimulus and it has actually done a better job of phasing out and that this really shows how much more successful they weren't implementing their policies than the fed and ben bernanke and congress has done in implementing policies in the united states which is interesting out that a lot of not for all of the top u.s. economists for ben bernanke you think of the smartest guys in the world to hear that china is much better off than the us right lauren lister filling us in well still to come on tonight's show

the huge oil spill cleanup in china. we are out with the locals, gathering up oil with their bare hands. >> it is unfair and iran. their livelihood is this. they have to be involved in the cleanup. >> wanted and eliminated. one of the top drugs mothers in mexico is killed in a shootout. -- one of the top drugs smothers in mexico is killed in a shootout. welcome to "bbc world news," broadcast to our viewers on pbs in america, also around the globe. my name is mike embley. coming up later for you -- how hard will it be to reform benefits in britain when dependence crosses generations? and paintings of a 7-year-old are selling for thousands of dollars. hello to you. at least 300 dead, hundreds of thousands forced from their homes, many trapped by rising flood waters or buried under mud slides. the heavy monsoon across northwest pakistan and across the border in afghanistan is creating some of the worst flooding in the region's history. and the rain looks set to keep on falling. lyse doucet traveled to the worst hit areas. s

a conflict were to run the korean peninsula would be economically devastating decides neighboring china has no interest in a war on its borders either nuclear or not. well there's plenty more for you here on our t.v. coming up later in the hour report on arizona's controversial immigration law. the battle between state and federal lawmakers to the governor announces plans to appeal a court decision to strike down parts of the legislation. but first british antiwar activists are claiming the massive leak of u.s. military documents on afghanistan is a sign to get out of the country and marks the beginning of the end of international intervention in the water one country the files posted online by wiki leaks suggest the situation on the ground is far from the official picture nine hundred thousand pages details civilian deaths at the hands of nato troops as well as concerns pakistani intelligence could be helping the taliban calls to end the war now growing louder in many countries including the u.k. . it's not a former british soldier who's refusal to fight cost him his freedom. this is t

he's the first japanese ambassador to china chosen from the private sector. >> china's ambassador to japan cheng yonghua also attended the party. he said japanese investment and technologies are indispensable to china's growth. he said he hopes that niwa, as a japanese business leader, will bring his expertise to bilateral relations. niwa is to assume his post in beijing on saturday. >>> japanese women are again leading the world when it comes to living longer. new figures show life expectancy in japan hit a record high in 2009 for the fourth year in a row. the country's health ministry said on monday the average life span for japanese women was 86.44 last year. that's an increase of 0.39 years from 2008. 79.59.fe span for japanese men the life span has been rising since 2000. the exception was in 2005 when a flu outbreak lowered figures. they credit advanced medical treatments for the three major causes of death, cancer, heart disease and stroke. it also says there have been fewer deaths from pneumonia. this is the 25th year in a row japanese women have led the world when it comes t

meanwhile, it's doing a booming business in china.n fact, sales so far this year are up 49%, well over a million vehicles. but celia hatton in beijing tells us g.m. is facing growing competition now from chinese car makers. >> reporter: with names like geely, chery, b.y.d., you might not know they're some of china's top automotive companies, but detroit certainly does. >> these are companies that no one heard of ten years ago that today are getting a lot of international attention. >> reporter: the chinese market is a bright spot on the balance sheets of u.s. auto makers. they're buying american as both a good investment and a status symbol. for the first time ever, g.m. has sold more cars in china than in the u.s. during the first half of this year. more than 1.2 million cars rolled off g.m. lots in china versus less than 1.1 million in the united states. but future demand in untapped markets has foreign and chinese entrepreneurs seeing dollar signs. 64 million vehicles crowded china's streets last year. over 200 million cars will ja

it will be her fifth visit to china in several years. china and germany are in talks. >> what we are going to see throughout friday is the germany -- german chancellor meeting with various people, the president, and others. she is hoping to sign various bilateral agreements and hoping to bring business and closer to their counterparts in china. >> are the relation is pretty good. she will discuss other topics such as human rights. >> she will probably follow the formula that most european leaders follow when they come here. the human rights matter cannot be swept under the table. it will be talked about in the bilateral meeting. the focus is on business. the best way to bring about some of the change in china is to engage with this dialogue. >> it touched on the side of the german delegate rush -- delegation. hopefully there will be big contracts? >> we will have to wait and see exactly what exactly will be signed. the kind of people that are seen here -- according to the chinese press, they will be taking this relationship between germa

of china. as you mentioned, the flood defenses have been put to the test. viewers will probably remember that in china and they built this massive project costing billions of dollars. one of the main aims of this dam was to prevent flooding just like this or mitigate against its worst effects. yesterday, the dam had to contain a surge of water coming down the river. it was coming into the reservoir behind the dam walls and releasing it further downstream. it was coming in faster than they could release it. engineers say they are happy with how the three gorges dam has performed until now. even though there has been some flooding in hundreds of people have died, they say it would have been even worse if the dam had not been there. >> thank you very much. the french government is introducing a series of new measures to try to control gypsy communities in the country and to expel those living in france illegally. the announcement came at the end of an emergency cabinet meeting to discuss riots in