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security council and china is one of the greatest economy in the coming years in the world china has a very active foreign policy and as a result china plays a very important role in the world and no i wouldn't say you have you can find even one problem in the world which can be solved with the without participation of china and i stress the chinese role in most cases very positive they try to bring peace and stability in the world they need because the preoccupied with the internal problems with their internal development and they need peaceful environment let's not talk about china's relations with another superpower america how they develop and at the moment well you know china had a leader who used to say about soviet american relations soviet union and the united states the two superpowers collude and polite they try to work together with the same time they do have problems so i would describe it in the same way now relations between china and the united states they depend on each other they understand it very well they depend the konami to politically both countries understand
security council and china is one of the greatest economy in the coming years in the world china has a very active foreign policy and as a result china plays a very important role in the world and no i wouldn't say you have you can find even one problem in the world which can be solved with the without participation of china and i stress the chinese role in most cases very positive they try to bring peace and stability in the world they need because the preoccupied with the internal problems...
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for china. clearly there are tradeoffs. the remarkable thing i was saying earlier that there are as few of them as there are for this huge historic rise of a power and it's therefore in our interests to keep that being so. >> rose: my last question really is india and what india represents in this equation we've been talking about. >> first of all, i don't think it's china or india. i think there's a good chance, charlie, that it's china and india. india has always has a good micro story in terms of the large population worlds class companies, well educated english speaking i.t. competent work force, rule of law and democracy. those are things that china has really suffered from. india has not had the macro performance that china has in terms of saving infrastructure and foreign direct investment and that's now changing in india and changing bid time. and india's been hobbled up until recently bako ligs government that has had to deal with a communist as government partners who really inhibited
for china. clearly there are tradeoffs. the remarkable thing i was saying earlier that there are as few of them as there are for this huge historic rise of a power and it's therefore in our interests to keep that being so. >> rose: my last question really is india and what india represents in this equation we've been talking about. >> first of all, i don't think it's china or india. i think there's a good chance, charlie, that it's china and india. india has always has a good micro...
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on this issue to build is a part of china has been with china for centuries and to britain they live ten times better than used to live. let's say the last century even thirty years ago and they have more freedom than they used to have at the same time we don't know they have separatists and those of earth is sometimes a very warlike and a cause trouble for the chinese government so chinese has no choice but to try to stop them this tradition on the korean peninsula is hotting up just a while ago the yassin south korea had joint military exercises in the pacific something north korea was strongly opposed to was china's stance on north korea is the only official ally of china change you support in korea in the korean war imagine if you consider the last one million people and of course they treasure those relations they want to you know to stay alive at the same time they do understand that north korean economy doesn't work well they encourage north koreans to promote reforms to make the economy more market oriented they try to encourage north korea to be more open to the world and th
on this issue to build is a part of china has been with china for centuries and to britain they live ten times better than used to live. let's say the last century even thirty years ago and they have more freedom than they used to have at the same time we don't know they have separatists and those of earth is sometimes a very warlike and a cause trouble for the chinese government so chinese has no choice but to try to stop them this tradition on the korean peninsula is hotting up just a while...
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china operations are today. hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. this is r t from moscow our top story moscow is again envelops in small groups fire fighters battle russia's rampant wildfires that have led to the three thousand homeless but there is progress emergency services say the area affected by the forests has been reduced by two thirds in the past week. and rather main storage in the past seven days the ceremony to mark the sixty fifth anniversary of america's atomic attack on the japanese city of nagasaki was attended by over thirty countries the a bombs legacy is still felt by eighty thousand people were killed in explosion at the end of world war two. just as campaigners claim women convicted of killing their abusive partners in california are having their parole hopes by the political ambitions of state governments and liberty activists say that women act in self-defense to some of the most problems. the chinese econ
china operations are today. hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. this is r t from moscow our top story moscow is again envelops in small groups fire fighters battle russia's rampant wildfires that have led to the three thousand homeless but there is progress emergency services say the area affected by the forests has been reduced by two thirds in the past week. and rather main storage in the past seven days the...
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china corporations are today. this is our to you live from moscow on the news now with the week's main stories and today's news moscow is again enveloped in small as firefighters battle russell's rampant wildfires that have left over three thousand homeless but there is progress emergency services say the area affected by the burning forests has been reduced by two thirds in a week. over thirty nations have marked the sixty fifth anniversary of america's atomic attack on the japanese city of nagasaki but the a bombs her with a collective see is still felt by its victims eight hundred thousand people were killed in the explosion at the end of world war two. just as campaigners claim women convicted of killing their abusive partners in california are having their parole hopes down by the political ambitions of state governors they say the women acted in self defense after suffering from domestic violence now the chinese economic miracle is one of the most feared and admired achievements over the past decade but rece
china corporations are today. this is our to you live from moscow on the news now with the week's main stories and today's news moscow is again enveloped in small as firefighters battle russell's rampant wildfires that have left over three thousand homeless but there is progress emergency services say the area affected by the burning forests has been reduced by two thirds in a week. over thirty nations have marked the sixty fifth anniversary of america's atomic attack on the japanese city of...
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china corporations are all today . every month we give you the future we help you understand how to get there and. the best in science and technology from across russia and around the world join your knowledge update on our g. p dollar view of the week he says and rush winning the slow victory against hundreds of wild cards which went down in todd bridges in the country's central regions and killed more than fifty people moscow has fallen from the. smoke. screen remembering over eighteen thousand victims of a nuclear bomb which was dropped on that a song about sixty five years ago sensitives from more than thirty countries attended the memorial ceremony to stress that the top weapons in the world. in the us many female inmates who kill their abusive partners are seeing the possibility of polow overturned by state governments activists all given in the first offenders and with texan that. could get a chance at freedom. the chinese economic miracle is one of the most. of the past decade however recently published statist
china corporations are all today . every month we give you the future we help you understand how to get there and. the best in science and technology from across russia and around the world join your knowledge update on our g. p dollar view of the week he says and rush winning the slow victory against hundreds of wild cards which went down in todd bridges in the country's central regions and killed more than fifty people moscow has fallen from the. smoke. screen remembering over eighteen...
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china corporations are today. interview of the week here in our team is gradually gaining control over hundreds of wildfires raging across the country central areas of the blazes have destroyed entire villages and left over fifty people dead all the russians emergency services as well as the military and volunteers have been working to stop the fires from. japan has been marking the day when over eighty thousand were killed as the u.s. dropped a nuclear bomb on nagasaki and sixty five years ago more than thirty countries some there represented in the morial ceremony to emphasize how atomic weapons should become a in the past. and in the view as many women serving prison terms for killing their abusive partners are losing hope of ever go in three roles as repeatedly overturned by state governors who appear to be putting their own political agendas first. but the chinese economic miracle is one of the most feared and admired achievements over the past decade however recently published to six revealed that the rapid
china corporations are today. interview of the week here in our team is gradually gaining control over hundreds of wildfires raging across the country central areas of the blazes have destroyed entire villages and left over fifty people dead all the russians emergency services as well as the military and volunteers have been working to stop the fires from. japan has been marking the day when over eighty thousand were killed as the u.s. dropped a nuclear bomb on nagasaki and sixty five years ago...
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report there they've increased their holdings in brazil and china and china is the next headline china's economy surpasses japan's capping three decade rise so remember last year they passed germany which like to pan is another occupied nation by america there are massive military bases all over japan and in particular okinawa they can't every to the u.s. military germany still has the u.s. military but now the only thing between china and number one spot is the u.s. well i've been saying for years now the relationship with me between china and the us it's not a symbiotic relationship where china makes all the goods america buys all the goods no china is basically at war with america it's a financial war and i think we're going to get into the guts of this financial war stacey this next story this is key well the headline is u.s. and china to clash over you on fall yes that's right remember the u.s. has been pestering china to unpeg its currency from the dollar so low and behold china has on pegged it dropped by one point eight percent against the dollar that's . because they're not. sym
report there they've increased their holdings in brazil and china and china is the next headline china's economy surpasses japan's capping three decade rise so remember last year they passed germany which like to pan is another occupied nation by america there are massive military bases all over japan and in particular okinawa they can't every to the u.s. military germany still has the u.s. military but now the only thing between china and number one spot is the u.s. well i've been saying for...
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south china seas. it says the united states will continue to monitor the chinese military's development. the defense department's annual report to congress came out on monday. it notes that china is close tom of the world ap hot spots. it raises the issue of the spratly and senkaku islands both of which are subject to territorial claims. the report says the army is trying to expand its operational reach in order to address territorial and regional energy concerns. the report also argues china could start construction of its own aircraft carrier by the end of this year. the defense department says the country's continuing to develop ballistic missiles with the potential to attack u.s. aircraft carriers in the western pacific. it estimates that china's overall military spending rose sharply last year to $150 billion. in the face of this, the department's report says the u.s. is planning to strengthen alliances with some other asian countries to secure stability in the region. >>> in southwest china, floo
south china seas. it says the united states will continue to monitor the chinese military's development. the defense department's annual report to congress came out on monday. it notes that china is close tom of the world ap hot spots. it raises the issue of the spratly and senkaku islands both of which are subject to territorial claims. the report says the army is trying to expand its operational reach in order to address territorial and regional energy concerns. the report also argues china...
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well we think we might have the answer and a look out for us on our heels a new report shows that china's beat out japan for the number two spot when it comes to having the strongest economy so should the u.s. be scared that question after the break. the big . and broadcasting live from moscow this is our team where it is seven thirty in the morning on your tuesday now look at your headlines for. the future in football russia shoots for goal in its bid to host the two thousand and eighteen world cup as a fee for delegation begins inspecting potential venues across the country. five years after the removal of israeli settlers from gaza ended in violence thousands of jews in the west bank fear they're also about to be forced out as part of a possible government peace deal with palestinians. in the summer of extremes after two months of a record heat wave and a devastating wildfires russia now braces itself for hurricane force winds which have already hit st petersburg and the northwest of the country. now my colleague marina josh will be in here in about thirty minutes with a full look at y
well we think we might have the answer and a look out for us on our heels a new report shows that china's beat out japan for the number two spot when it comes to having the strongest economy so should the u.s. be scared that question after the break. the big . and broadcasting live from moscow this is our team where it is seven thirty in the morning on your tuesday now look at your headlines for. the future in football russia shoots for goal in its bid to host the two thousand and eighteen...
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Aug 21, 2010
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about what's happening in china. i'm pleased to say the subject on which we have a discussion today is one in which i think there has been some progress in china, and i think it is important to recognize that the chinese government, particularly the national government, recognize this is the problem, has taken some recent actions on the issue of human trafficking, and i'm pleased with that result. it has been, however, more aggressive, i think, at the national level to describe this as a problem and to begin talking about national efforts to address it than it has with respect to the local government's effective capability to enforce and to really address it at the local level this issue of human trafficking. human trafficking has long been a problem, and as i indicated, i wrote about it. in fact, what i wrote about was the issue of forced labor. let me just respond by citing a portion of the book i wrote. and i wrote about a young woman named lee, who was a woman who died. she died working. apparently not terribly u
about what's happening in china. i'm pleased to say the subject on which we have a discussion today is one in which i think there has been some progress in china, and i think it is important to recognize that the chinese government, particularly the national government, recognize this is the problem, has taken some recent actions on the issue of human trafficking, and i'm pleased with that result. it has been, however, more aggressive, i think, at the national level to describe this as a...
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Aug 17, 2010
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there are 50 different cultures leg in china -- living in china. right now we have been reading where the chinese have become a real threat to our american medical system, the a.m.a. specifically big pharma. big pharma with their pharmaceuticals are in competition with china in something called annuinutrasuit. their medicine comes from phy phytochemicals or plant derived chemicals and their medicines are healing and our chemicals are killing. if you want to look further go to jojitre everyone s.info and you can learn about the war between big pharma and petrochemicals in china. host: the producer of "washington journal" let me know the 12 million is the amount of people employed in manufacturing here in the country and the u.s. produces about $1.6 trillion in manufactu manufactured products, about 18% of the world manufactured goods. we will go on to caribou, maine, jim, on the independent line. jim, good morning. caller: the caller or two ago mentioned about manufacturing, and i wanted to bring up to the gentleman if he thinks that government spen
there are 50 different cultures leg in china -- living in china. right now we have been reading where the chinese have become a real threat to our american medical system, the a.m.a. specifically big pharma. big pharma with their pharmaceuticals are in competition with china in something called annuinutrasuit. their medicine comes from phy phytochemicals or plant derived chemicals and their medicines are healing and our chemicals are killing. if you want to look further go to jojitre everyone...
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Aug 27, 2010
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tonight, we turn to china. its economy expanded by 10.3% in the second quarter, lower than earlier this year, but still robust compared to the rest of the world. so, does it make sense to invest in china? joining us now, mike holland. besides running his investment firm, holland and company, he's been a director of the china fund since its start nearly 20 years ago, and he's also a director of the taiwan fund, both trade here at the new york stock exchange. hi, mike. >> hi, susie. >> susie: despite this impressive clothe,-- growth, there's already talk about china's economy slowing down. i know you go back and forth to china regularly and talk to businesses there. are you seeing any signs of a slowdown? >> yes, and it's much to be desired, susie. the country's stimulus program worked really, really well. they institutesed theirs at the same time the u.s. instituted its stimulus program. theirs caused a growth in the economy that up until this most recent quarter was going about 12% a year. as you said, for a co
tonight, we turn to china. its economy expanded by 10.3% in the second quarter, lower than earlier this year, but still robust compared to the rest of the world. so, does it make sense to invest in china? joining us now, mike holland. besides running his investment firm, holland and company, he's been a director of the china fund since its start nearly 20 years ago, and he's also a director of the taiwan fund, both trade here at the new york stock exchange. hi, mike. >> hi, susie....
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Aug 28, 2010
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kim last visited china in may. it is the first time that kim has visited china twice in the same year. in all his past visits, kim met with chinese leaders in the capital beijing. this time he is reportedly having talks with one of china's top leaders. kim began his visit to china while former u.s. president jimmy carter was in north korea to secure the release of a u.s. citizen who had been detained in the north since january for illegally entering the country. in august last year, north korea released two other detainees. observers were expecting kim to meet with carter as part of efforts to ease strained relations between north korea and u.s., but the two did not meet. carter left pyongyang friday with the pardoned american. >>> japan's government will develop a space probe hybusa. they aim to launch the next probe in 2014. the unmanned craft will travel to a different asteroid and take rock samples that could contain organic matter. this could shed light on the origin of life. a government task force made the d
kim last visited china in may. it is the first time that kim has visited china twice in the same year. in all his past visits, kim met with chinese leaders in the capital beijing. this time he is reportedly having talks with one of china's top leaders. kim began his visit to china while former u.s. president jimmy carter was in north korea to secure the release of a u.s. citizen who had been detained in the north since january for illegally entering the country. in august last year, north korea...
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to drench the area from indo-china into southern china. so of course these areas will be at high flood risk once again. bangkok coming in at 34 degrees, 32 in hong kong with showers. shanghai coming in at 33, and tokyo looking at a steamy 34 once again. north america is looking generally quiet. but down in central america we've got lots of tropical activity here. first of all, tropical storm frank has been with us all week, bringing wet weather to southern mexico. it's now a hurricane. it continues to stay away from shore, moving further and further away from the area. but there's still a lot of energy associated with this system feeding lots of winds, southwesterly winds into the area. so the next few days looking at more wet weather to come. localized flooding has been problematic here, so further flooding is not out of the question. it does look like the system is going to be weakening back into tropical storm later on in the week. hurricane danielle, over to the other side of the continent, is steadily making its way toward bermuda. it
to drench the area from indo-china into southern china. so of course these areas will be at high flood risk once again. bangkok coming in at 34 degrees, 32 in hong kong with showers. shanghai coming in at 33, and tokyo looking at a steamy 34 once again. north america is looking generally quiet. but down in central america we've got lots of tropical activity here. first of all, tropical storm frank has been with us all week, bringing wet weather to southern mexico. it's now a hurricane. it...
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Aug 10, 2010
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>>china is more famed for tea than coffee. but in the south western province of yunnan, a tenfold expansion of today's cultivated area is beingplanned. and one well known global coffee brand, which serves the ever expanding china market, is now in talks to source locally >>reporter: the zhou family tend a soccer field sized plot some 90 km from yunnan's myanmar border. they switched from growing sugar cane to coffee seven years ago - and in doing so, doubled their income. at today's commodity price, this household of four makes around two and a half thousand us dollars annually. >>erluan: it doesn't take a lot of work - even the children and old folk here do it. and the income, well, it's quite nice. >>reporter: of course, the word nice is relative. but for the 40,000 coffee growing families acrossone of china's poorest provinces, only tending tobacco pays as well. >>yunnan produces 98 percent of china's beans, most of it for export. but its output hardly registers on the world stage. coffee growing covers just 280 sq km, or a
>>china is more famed for tea than coffee. but in the south western province of yunnan, a tenfold expansion of today's cultivated area is beingplanned. and one well known global coffee brand, which serves the ever expanding china market, is now in talks to source locally >>reporter: the zhou family tend a soccer field sized plot some 90 km from yunnan's myanmar border. they switched from growing sugar cane to coffee seven years ago - and in doing so, doubled their income. at today's...
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dollar to, say, china. to, say, china. the trade is fine and corporations are making money, but on the perspective of the dollar reverses the yuan, the dollar never leaves china, be sure of that, but the dollar goes around the world and we try to make value for the dollar. guest: a lot of ideas in that statement. i will just say this. we sell a substantial amount to china and the numbers are going up quite dramatically. china is more open now than any time in recent years. u.s. companies, i think, are just getting better and better in dealing with a challenging market. our sales to china this year are going to come very near $100 billion u.s. our total exports to france, which is an open economy, from the country, our total exports for $28 billion. that is not a small amount of money. just the growth in u.s. exports to china this year is going to be $28 billion. u.s. manufacturers and exports are going to grow. you can find success in the market. i agree that we are running a trade deficit. they are selling more to us than
dollar to, say, china. to, say, china. the trade is fine and corporations are making money, but on the perspective of the dollar reverses the yuan, the dollar never leaves china, be sure of that, but the dollar goes around the world and we try to make value for the dollar. guest: a lot of ideas in that statement. i will just say this. we sell a substantial amount to china and the numbers are going up quite dramatically. china is more open now than any time in recent years. u.s. companies, i...
SFGTV2: San Francisco Government Television
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Aug 19, 2010
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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
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...
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investigators in china are in contact with the northcalliens. they're trying to figure out the cause of the accident and why the plane entered chinese air space. >>> the last american combat troops have left iraq seven years after the u.s.-led invasion. there are growing concerns that withdrawal will worsen security conditions in the country. a u.s. military spokesperson in iraq says the main combat troops moved from iraq to neighboring kuwait on thursday. the pullout happened about two weeks ahead of schedule. the u.s. plans to withdraw several thousand more troops before its august 31st deadline to end the iraqi war. >> as far as getting back to kuwait, one, you know no one else is going to get hurt, and, two, i'm going home. >> 12 months straight being in that vehicle, finally getting out and realizing that this will be the last time i wear that kit in a while is a nice feeling. >> even though five months have passed since parliamentary elections in march, iraq has failed to set up a new administration. extremists have taken advantage of the
investigators in china are in contact with the northcalliens. they're trying to figure out the cause of the accident and why the plane entered chinese air space. >>> the last american combat troops have left iraq seven years after the u.s.-led invasion. there are growing concerns that withdrawal will worsen security conditions in the country. a u.s. military spokesperson in iraq says the main combat troops moved from iraq to neighboring kuwait on thursday. the pullout happened about...
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so overall pretty wet picture for the eastern half of china today.n the north here there is a chance of still some more heavy rains to fall. do stay on the watch for that. and then for southern portions and central areas here too, a lot of moisture coming off the coast as well 37 come coupled with all of that this entire area starting to look at more wet weather developing today. now, another area continues tonight indian subcontinent. a lot of showers will continue for the next couple of days. still light showers, mostly scattered across the region, although still in the next 24 hours or so there's a chance of some heavier amounts falling in southern pakistan. after that rainfall amounts slowly start easing off, although it's still a pretty continuous picture. so water levels will most likely remain quite high. as for highs, on thursday we've got 35 in taipei, shanghai gets even hotter in inland areas, 38 for chongqing. tokyo too will be quite a steamy day. highs of 35 in tokyo. and up into the north too sapporo coming in at 30. as we look toward ce
so overall pretty wet picture for the eastern half of china today.n the north here there is a chance of still some more heavy rains to fall. do stay on the watch for that. and then for southern portions and central areas here too, a lot of moisture coming off the coast as well 37 come coupled with all of that this entire area starting to look at more wet weather developing today. now, another area continues tonight indian subcontinent. a lot of showers will continue for the next couple of days....
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Aug 15, 2010
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tobacco is one of china's most powerful state monopolies. the industry provides eightpercent of the country's tax take and invests heavily in rural roads and reservoirs. but the business also kills over a million chinese people every year. >>reporter: you'll get short shrift lecturing farmers in jinzishan village on china's huge tobacco death toll. that's because, for almost all of the 1600 households here in rural chongqing, the leaf is their primary cash crop - by far. zhong dexiu's plot is about the same size as a soccer pitch. and this provides an annual income of around 3000 us dollars - equivalent to working day-in-day-out in a township factory. >> dexiu: we started planting tobacco the year before last. for us, we make about the same as goingout to work - but here, life is more flexible. >>reporter: she knows that per hectare, tobacco pays around three times more than growing grain or vegetables - though judging by her hands, she appears unaware of the health risks posed by nicotine absorption. >>in 2007, 22 million chinese tobacco fa
tobacco is one of china's most powerful state monopolies. the industry provides eightpercent of the country's tax take and invests heavily in rural roads and reservoirs. but the business also kills over a million chinese people every year. >>reporter: you'll get short shrift lecturing farmers in jinzishan village on china's huge tobacco death toll. that's because, for almost all of the 1600 households here in rural chongqing, the leaf is their primary cash crop - by far. zhong dexiu's...
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Aug 17, 2010
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he also referred to china's military buildup, but he said the most serious concern when it comes to china is cyberattacks against the united states. >>> japan's economy grew at an annualized rate of 0.4% in real terms during the second quarter. this is sharply lower than the 4.4% in first quarter. it also lags behind china's economic output for the same period. the cabinet office announced on monday that gross domestic product in the april to june quarter grew by 0.1%. this translates into an annualized rate of 0.4%. while the economy has posted growth for the past three quarters, figures for this latest quarter show that the pace of economic recovery in japan is slowing. second quarter exports were up 5.9%. on the domestic side, personal consumption was flat. public investment fell 3.4%. and private investment in housing also fell 1.3%. japan's nominal gdp for the quarter was about $1.288 trillion against china's 1.337 trillion. japan's exports are still larger than china's by $55 billion. but with its fast pace of growth, china is expected to overtake japan this year as the world's seco
he also referred to china's military buildup, but he said the most serious concern when it comes to china is cyberattacks against the united states. >>> japan's economy grew at an annualized rate of 0.4% in real terms during the second quarter. this is sharply lower than the 4.4% in first quarter. it also lags behind china's economic output for the same period. the cabinet office announced on monday that gross domestic product in the april to june quarter grew by 0.1%. this translates...
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Aug 6, 2010
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china imports all of its wood pulp from brazil, brings it to china, processes it, and sends it to us. this is not in your jurisdiction, but it is very important to the administration to move on investigating currency on those practices, on those kinds of issues. these companies will simply go out of business if it continues. they had always been very competitive before that. senator warner? >> thank you. i will return to that comment in a moment. i want to reiterate something both panelists made. the entire problem we have in terms of getting manufacturing business access to capital -- we are in crisis mode where large cap companies are sitting with the healthiest balance sheets that have had in years, and the supply chain -- the chairman has talked about, in ohio -- but those sized companies are dying on the vine right now. the large companies know they will come back in orders at some time, but their supply chain -- if they can get their credit line to renew, those companies -- the traditional small businesses have been washed up. now we're cutting into companies with long years of
china imports all of its wood pulp from brazil, brings it to china, processes it, and sends it to us. this is not in your jurisdiction, but it is very important to the administration to move on investigating currency on those practices, on those kinds of issues. these companies will simply go out of business if it continues. they had always been very competitive before that. senator warner? >> thank you. i will return to that comment in a moment. i want to reiterate something both...
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Aug 31, 2010
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china may be the economic powerhouse of asia, but it is also aging. and as the country grows old it could hamper growth. >>reporter: when these ladies were in their 20's, reaching 60 was considered quite an accomplishment. >>now life expectancy in china is 73. and in terms of cash, they're also fortunate. because as former urban state workers, they're among a privileged minority of chinese that receive apublic pension and insurance cover. >>luming: i am diabetic. because i have the national medical insurance which covers 14 big diseases, i don't have any pressure. it covers my whole year's treatment. >>reporter: but seven in every 10 mainland chinese - mainly in the vast countryside - have no safety net - only savings or family support to fall-back on when they're old or sick. and the government's task to try and redress this imbalance, which ferments social instability, is getting harder by the day. >>reporter: china is getting older rapidly because living standards have greatly improved since the1970's. by 2050, there'll be more elderly chinese than
china may be the economic powerhouse of asia, but it is also aging. and as the country grows old it could hamper growth. >>reporter: when these ladies were in their 20's, reaching 60 was considered quite an accomplishment. >>now life expectancy in china is 73. and in terms of cash, they're also fortunate. because as former urban state workers, they're among a privileged minority of chinese that receive apublic pension and insurance cover. >>luming: i am diabetic. because i...