and china itself is developing shale. so china is exploring. what's interesting is this year coal prices have dramatically increased in china, yet coal use may be for the first time declining in china in absolute amounts. that's substantial. >> let switch a little bit and talk about what it will take for the u.s. to meet the goals that the u.s. has set. mitch mcconnell is saying that you've saddled the president with unrealistic numbers of coal and it will cost jobs. >> the agreement that president obama struck is basically business as usual. i don't think the airportal protection agency has to do much more to get to that 26% reduction. >> don't they have to double the speed with which we're reducing our carbon emissions between 2020 and 2025 to make that goal? >> we're on the pathway when it comes to the vehicle fuel economy standards. they're talking about the increase of those over the next five years. that's still being drafted right now. the new power plant rule. there is a methane gas rule. and if you roll up all these rules together, it'

comparable to what china did in the east china sea.so this is a tough nut to crack for the president. he can wrap it in rhetoric and try to build confidence that the facts on the ground are still not a crisis but still trending anyway that will make it a challenging trip. let me end there. are we still using our -. >> thank you mike. thanks mike. so economics is going to run throughout this trip on almost, at almost every stop and i think they're broadly three themes that will run throughout the trip. growth, trade and infrastructu infrastructure. the good news is that everyone in the region once all three of those things. the challenge is that there are some pretty significant differences in going about achieving those things. just to take the three economic stops. first aipac. the aipac summit as mike said will be held on november 10 and 11th ed yong chee hoo which is a suburb of beijing 50 kilometers north of beijing. just a quick background apec was established as a foreign ministry meeting in 1989 elevated to leaders level in 1993

moving things along, take a look at china. 6% more or less for air china.e just wrap things up in southeast asia. you have air asia and malaysia and thai air over in bangkok, all seeing substantial gains. do you hedge now or wait? let's leave it there. back to you. course, the price of oil having an impact on singapore's wealthiest residents. bonds from oilfield service providers are the worst performers among all local notes this year. let's get more from our southeast asia correspondent, haslinda amin. it looks like the rich are in for some pain. >> who would have thought? they are feeling the pain. they are the main buyers of high-yield, but small deals in singapore dollars. when the market slums the way it is now, they are finding it difficult to sell liquidity. the issue is just limited. into a company that helps to build offshore --tforms, that 30's present 30% drop in fuel is worrying. it is now trading below the average since the end of last year. this becomes the driving force in the country's bond market. take a look at the highest yielding local

china is moving to take steps to create a new economic order. >>> the leaders of japan and china have agreed to improve ties in the spirit of a mutually beneficial strategic relationship. prime minister shinzo abe and chinese president xi jinping held talks in beijing on the sidelines of the asia pacific economic cooperation forum. it is the first time they've met one-on-one since they took office. the meeting lasted for about 30 minutes. the onset of the talks was open to the media. it was the first summit between the two countries in 2 1/2 years. bilateral relations have been tense over a group of islands in the east china sea and perceptions of history. abe said china's peaceful development is an aid opportunity for japan and the international community. he said he wants to work with china to make use of the opportunity as the world's second and third largest economies. >> translator: the talks became the first step for japan and china to improve ties in the spirit of a strategic relationship that is beneficial to both sides. many countries, not only in asia, were expecting the jap

trying to contain china. but what we've seen is china expressing more interests, and using economic reform including some of its free trade forums as well al jazeera. >> announcer: this is al jazeera. >>> hello, welcome to the news hour. live from our news headquarters in doha. coming up in the next 60ing minutes, just 24 hours after a suicide bomber kills nearly 50 people, goodluck jonathan asks his people in to relek elect him as president. >>> also this hour, 36 years in jail for the captain of

china and the u.s. and accommodate each other's concerns and develop inclusive coronation. also introduced to president obama, china's initiatives of infrastructure. ondrej pavelec infrastructure is the bottleneck of obstructing the developing nation. china has initiated it in order to offer support and reach infrastructure allotment. these initiatives are inclusive in nation -- nature. together, we can promote and shared prosperity in the pacific. we recognize the positive actions both have taken in helping african countries affected by the ebola virus to find -- fight against the disease. we will leverage our respective strength and work with the rest of the international community to help affected countries to strengthen capacity on health and academic prevention's so as to place the epidemic under control as soon as possible. i think president obama and the u.s. team for their support to china could be hosting 's hosti. promoting will economic recovery. china and the united states have worked closel

-china relations. and in particular, whether in fact there is a way through some of what we who have professional followed this for many years regard as some of the intractables in that relationship. and harvard kennedy school's been very supportive of my work on that. i spent a lot of time talking to think tanks in washington, think tanks in beijing, think tanks in tokyo, and think tanks in delhi and singapore and moscow on these questions, as well as officials from those governments as well. of course, given the topic that we've set this morning, which is about questions of future regional architecture, china does not constitute the totality of that picture, nor does the china-u.s. relationship constitute the totality of that picture. so in my remarks here this morning, having been invited to do this only two days ago, let me seek to stand back and look at the trends at work as i see them across the asia pacific region. secondly, what's going well. thirdly, what's not going so well. fourthly, where d

china, there are a lot of wealthy individuals in china that can invest in the united states. hopefully we'll see more of that. the concern is the broader lure of china. the president mentions the issue with cyber crime on the part of the chinese government. my concern, though, is that with this climate deal that really doesn't have any emphasis for the chinese actually to do anything in the short-term. it's deliberate in the language. because there are no ramifications for china's continued stealing of american propriety rights, that the relationship is still one sided towards the chinese and doesn't actually do enough to benefit american interests. >> mort. >> i think by and large, i think that's true. this is going to be a relationship that is going to evolve over time. i actually thought this was a very constructive step forward. it's not going to solve all of the problems. it's too complicated. particularly with the country like china, which has a different political system. nevertheless, i think they were moved and moving in the right direction and i think this is anothe

this is opening up china. that is a way china will be able to control capital. a major, major change so we are excited about it. we are excited that we finally have the day and will be going live on monday. our brokers are very excited, they're going up in signing clients to be ready on monday. >> it is muted in size to begin with. is that deliberate? >> that is correct, it is 1% or 2% of the market cap of both exchanges. we expect there will be expansion over so this is a pilot project. this is a way china does something, they do not go big but they test things and learn from it and move on from there. we expect the quarter will increase over time. we expect shenzhen to hong kong to be next. you will see moves to open up to london and paris, etc.. there is a possibility of a fixed income connect eventually. >> people were talking about moving out of commodities from there. the point is that it is not just about hong kong or shanghai at the end of the day, it is two way traffic. how does a premium close up? >> obviously you will see that close. havewise you will

i had pin in china for three years and this idea was becoming more powerful in china's life. it was a response to criticism from the west and i said i have to figure out who made the video. >> host: who made it? >> guest: i had an image of who i thought it would be. it would be someone who was angry, isolated from the west, and was probably living in the parent's basement totally unaware of what it means to be an american or feels like to be in the west. and a chinese friend helped me trace it back, it wasn't hard to do, but there was no name, and he traced it back to a guy at a university and i got in touch saying can i come see you and he had sure. and before i left i said i am going to see this guy who made this angry video, if you don't hear from me for a couple days, ring the bell. the first thing he did when i arrived was pay for my taxi fair. he was a graduate student studying western philosophy. he was dressed like me. he was studying the work of esoteric and he said you are familiar and i said natural all-americans are familiar. >> host: were you? >> guest: no, i had

needs more help from china to tackle global issues. but china cannot do it alone, either. as the world changes, what's needed is governance. not by a single country, but by a multilateral network. >> xi and obama are expected to discuss issues including beijing's growing assertiveness in the south china sea when they meet on wednesday. analysts will be watching to see how the two leaders can bridge their differences. >>> a south korean court has handed down the sentence to a captain of a sunken ferry. lee joon-seok was acommitted of homicide charges but he could serve 36 years in prison for negligence in one of the worst passengership disasters in the country. the district court in the southern see of guangzhou delivered the decision. the presiding judge said lee neglected to take proper measures to help the passengers. but he said he cannot determine if the captain knew the passengers would die if he failed to evacuate them. and he found lee guilty of gross negligence. prosecutors had sought the death penalty. the captain defended his actions saying he did all he could to

china relations.the problem is although there have been some important chinese contributions china sent 1000 medics to help put the bowl in africa and has promised to cooperate on terrorism with respect to cheng zhang and the uyghurs and to join rimpac for the first time naval exercises we do in the pacific. but the fbi has been pretty clear there's no change in china's policies on cyber. the fbi has been more open about the increase in hacker attacks. the senate armed services committee recently reported penetration of u.s. military contractors, computer systems and the fbi has revealed data downloads of nonmilitary u.s. health care data from china. on the south china and east china sea and the maritime front also no real change. there was some hope that the coast guard and new activities in the south china sea vis-À-vis vietnam last summer when they ended that there might be a more relaxed chinese attitude certainly in japan the number of incursions on chinese ships went down but when the south chin

and china?well, certainly, i think yesterday's deal on information products is very, very important. this is going to affect american business in a very direct way. and if it indeed is implemented in the wtos information technology agreement next year, this is a major win. i'm not so sure about climate change deal, though. because china's commitment was pretty vague in the white house fact sheet. and also the zin what news agency in their release didn't talk by a chime at cap in 2030. so i got to make sure, we've got to make sure that there really is a deal here. and indeed, doing nothing for 16 years as mitch mcconnell says, and i very rarely quote mcmcconnell, but doing nothing for 16 areas is politically unsustainable. not only in the united states, but in other countries as well. >> woodruff: susan shirk, asking you the same thing. put this in the context of the overall state of u.s.-china relations, how significant are these two agreements? >> well, i think it's very significant. this was a

. >> china hopes apey will facilitate dcuionso help wi a f. >> china poses the free trade area off the asia pacific. under provisions, regions would liberalize trade and investment. so far, china and the u.s. have been competing to establish their own version. the u.s. is leading negotiations for the trans pacific partnership or tpp. the free trade goals. the high hurdles deter chi from negotiations. as an alternative to the -- comprehensive partnership. an organization that is many countries and heenlgs. in doing this, china has to take leadership in creating now order. plus, exports fear it may curb the momentum. china is also trying to set up a financial institution. in october, 21 countries exchanged memorandums on the aaib. china says the bank would aim to serve asia's growing demand for infrastructure. the bank would be headquartered in beijing. china is expected to provide about half of the vents $100 billion capital. we would highly effective and well to boost economic cooperation in asia. >> has been the leader in helping to develop region infrastructure. the u.s. and japan pl

trying to contain china. but what we've seen is china expressing more interests, and using economic reform including some of its free trade forums as well onen "america tonight": back on campus. one year after we began our ground breaking look at sex crimes, how much has really changed and what fuels this epidemic of sex crimes on campus? >> and i tried to push him off but i was so weak, because of how intoxicated i was it obviously wasn't effective. >> when fellow students even

and china could glee because china has a -- could agree because china has an interest in intellectual rights. he raised hong kong and rights. it's a good framing of the issues and trying to avoid turning these into zero sum topics in u.s./china relations. the problem is although there have been some important chinese contributions, china sent a thousand medics to help with ebola in africa, has promised to cooperate on terrorism at least with respect to the uighurs, although i'm not sure how much that helps us with isis, sent a ship to join rimpac for the first time, naval exercises we do in the pacific, but the fbi has been pretty clear there's no changes in china's positions on cyber. the fbi has been more open about the increase in hacker attacks contributed to china, recently reporting penetration of u.s. military contractors, computer systems. and the fbi has revealed major data downloads of nonmilitary u.s. health care data from china. and on the south south china sed east china sea on the maritime front also no real change. there was some hope that the coast guard and naval acti

we have china on board. no deal. china, no, it's something else. why would we allow the united nations and china to decide our economy? so you realize the system right now is incentivized for status quo, for stagnation, you don't raise money on bipartisanship, on cooperation, and good governance. you raise money on demonization, and that's where we set. >>> next, i will show you what role this show played in maziar's movie and the story. it was sort of pivotal. kid: hey dad, who was that man? dad: he's our broker. he helps looks after all our money. kid: do you pay him? dad: of course. kid: how much? dad: i don't know exactly. kid: what if you're not happy? does he have to pay you back? dad: nope. kid: why not? dad: it doesn't work that way. kid: why not? vo: are you asking enough questions about the way your wealth is managed? wealth management at charles schwab i can... order safety goggles. play music for seedlings. post science fair projects. schedule guinea pig feedings. video chemical reactions. take pics of mr. bones. time the next launch. c

-china summit. we talk about jeff faust's therts as part of commercial space companies summit. >> monday night on the communicators, professor at the university of serving a law school and director of its center for technology, innovation, and competition. >> the people who propose looktization should take a at the magic that makes the internet work. classes, pipe, service high-bandwidth services, low latency services. people think that is an old artifact. internet,designed the they not only kept that field, they included a label field. if you look at the engineering design they suggest that this was never intended. i think a little engineering knowledge goes a long way. it is a design feature of the network from the beginning. they're using it today to deliver voice services. true, complete vips to based services called lte. a lot of video in other things. >> monday night at eight eastern on the communicators on c-span2. gave ay, president obama weeklong trip that includes stops in asia and austral

wants to contain china. why does it spread sentiment in china not just with military or with leaders but also with the chinese public? how deep is unclear, but it slightly spread, the sentiment. >> we mentioned earlier that china feels like it has arrived and wants to the recognized as an equal with the united states, and it would seem to me that that would give confidence to the relationship. -- often,ng, if i may we don't appreciate that in this year earning china has for global standing and to gain the respect of the world that underlining our relationship with china, indeed all of the western world, is completely different political systems and values. this makes it very difficult for the average american or european in london or oxford to really respect china and the way china wants to be respected. i think we have one point did succeed in sort of putting the different political systems and values to one side and getting on with your common interests. carter had a real lovefest with deng xiaoping. now,

but one of them isn't china. china has not been invited to join the tpp. japan is in it, australia is in it, south korea is in it and so forth. so it's going to be quite hard, i think, with that kind of deep suspicion that there is a u.s. ensierk-- encirclement going on. even under what is perceived to be a fairly weak president, it's going to be quite hard for that president, for president obama to say look, let's cooperate on isis or on, you know, shoring up the iraqi government or persuading iran to conclude a nuclear deal. you know, these things can't be compartmentalized. >> rose: isn't china continuing to buy iranian oil? >> it is, indeed. and it has very different interests in terms of iran than the u.s. does. of course, there is another pivot to asia going on. and that's the russian pivot to asia. that is a very close friendship between, well, a very close relationship, at any rate, between president putin and xi jinping. i'm sure your viewers would be aware that one of the best selling books in china right now is called "putin the great." he's see

trying to contain china. but what we've seen is china expressing more interests, and using economic reform including some of its free trade forums as well towards. >> and protecting college students. how one small police department is putting an end to sex crimes. we have more coming up at 6:00 p.m. eastern. >> ferguson missouri, the spark for what would become daily street protests was the killing of an unarmed african american teenager. 18-year-old michael brown was gunned down by a white police officer on august the 9th. in the days that followed, the police responded to the demonstrations with massive force. >> it's an uprising. we are tired of the police. >> we're sick of being tear-gassed. we're sick of being shot at. del of these young people

inside china.which we don't teach in college at all. so the human resource problem and the manpower problem is more and more -- getting more and more serious here in china. >> because everyone's going to the silicon valley? >> they offer better. obviously. oh, here are the -- >> these are the famous ribs? >> yes. >> maybe the number one thing that the seriously food-crazed traveler coming back from shanghai will tell you to eat other than the soup dumplings, of course? zeran paigu. or simply, cumin ribs. ♪ it takes two cooks working at once to make this dish. one deep fries the ribs in hot oil until just right. another toasts the ginger, cumin and other spices in a wok. and then in go the ribs. and if you are a devotee of what's called wok-hei, you sit as close to the kitchen as possible to capture that elusive fast-dissipating breath flavor of the wok itself. toss them around, coating those bones with all that good stuff, then serve. and because we like it to burn, thomas orders some laza zhideng,

china life and china pacific insurance. big discount.obal investors are going buy cheaper versions. industrialwell of and other areas you have not been able to invest in. and a wholeomotive host of those. we can now buy those. the same thing is happening, to a degree. investors bought china mobile. $.10.ggest was the flow northbound has been predominately southside. -- sell side. areas with number of silicide activity. think about the nature of the investors. investor is momentum oriented. there is no momentum because of occupy central. the momentum is there the shanghai composite is up. investors focus north. they have to familiarize themselves with the landscape before they put their money. >> it makes sense that institutions would be more up front on that. any information -- what's be i china. china.i party in taiwan lost half of the seats in local elections and have brought a wave of resignations. it is a rejection of the of opening uplicy to china. joining us now is deborah. a bad day for the president. >> yeah. a rough weekend. nob

china resources., of course, the hong kong exchanges. >> ok, we have got the ppi number coming in with another decline. slightly worse than expected. september saw a drop. consumer prices coming in line. this was pretty much, as i said, exactly what the economists had been thinking. we had the previous month, and we will have more on this breaking data and have more developing about the shanghai hong kong stock connection, but let's start off with the economic data. the chief asia economist is now with me. thank you very much for joining us. this pbi number, why don't we see that translates into the pbi level, or are re-already seeing that? -- or are we already seeing that? >> ppi is very, very concerning. >> people talk about the overhang. months of this figure being negative. it should be unwound by now. >> yes. there is a history with the pbi, in this is with the capacity. also, weak demand. and there was the global demand. a drop in the commodity price. >> how was it over the weekend? >> this is t

china and central asia. this is china's way of doing trade.ot of money, not a lot of clarity, money being spent. and sent to governments as opposed to individual businesses, and private businesses. this is different from the tpp and more the way that china wants to do things. both great for trade. what do the u.s. have to gain. what's the interest in pressing a major trade pass. >> well, there's a couple of interests we have, one is for our own where you weres. the u.s. is not fully recovered from the enjoy crisis, there's elfaith financial -- elevated financial employment. if we could export we could grow the economy and put more people back to work. tdp doesn't have china but is 40% of the u.s. trade. there's real money, large economic stakes for the u.s. and then looking ahead, the point about different chinese model is a useful way to see this, that u.s. is looking for future asia pacific economy that is open and based on laws, and clear rules, that deals with labour standards, as well as company profits that works hard to preserve the sin

"china strikes back" recounts his trip to china with jimmy carter. with me in new york, ching lee is the director of the china center at the brookings institution. i am pleased to have them all with me. i begin with you, cheng li. tell me, what is the status of the u.s.-china relationship today? >> uncertainty. there are different directions the relationship can go. it's a critical time. we know china is a paradox of hope and fear, probably more so than any other time in the last 25 years. on the hope side, the leadership is very strong on anti-crunching and wants to adopt an ambitious market reform agenda. they also talk about the rule of law. at the same time, the political control, the control of media, control of intellectuals, has reached a peak. there is a concern about the direction china is going. >> tell me where you think the relationship is and where the president is, reflecting on your column, on going to china. >> i was on the white house trip in 2009 where president obama made his first visit, and then of course he was very much at the

china at 1%. does hong kong up by 1.7%. china dairyg, the with big gains.he best three performers on the market today. a pie chart and you can see the impact of the shanghai composite. is up by 4%. i will show you the hang seng itself. it is down to financials and the resources. gain.l and gas, a big industrials, 2%. basic materials, 4%. financials. it includes the banks, real estate, the most at 3%. it will impact property. china is up by eight when 5%. china's resources up by 7%. properties, 2.5%. other gains. a new world development among all of these are driving. >> thank you. you cant australia and see equities on the up. ignoring some of the news coming out. we can see political gridlock. ,he resignation of the senate tony abbott government strength. the senatore is of in question and will make it harder for the prime minister to the legislation through. what is going on and why did she resign? >> jacqui lambie was one of three senators under the united party which is the political vehicle they mining billionaire. this has been bubbling for some time.

china is continuing to track. market vectors is opening a china-based bond fund.se are bonds you can only buy in mainland china that up until now were largely excluded from outsiders being nonchinese citizens from buying them. they had a big hit about a year and a half ago when they opened the market vectors china etf, syst symbol pek. largely for the first time. this is all starting to steam roll now. on monday, the link between the shanghai stock exchange and the hong kong stock exchange will go high. they will be allowed to buy these shares directly the first time. this is a big move. hundreds of shares will open up that weren't available to outside investors before. we'll talk with the ceo of market vectors, 12:45 eastern time today on "fast money halftime" report to talk about the implications how investors can get in on that here in the united states. back to you. >> certainly is interesting with president obama meeting with president xi in china. >>> oil prices under pressure again. jacqui deangelis at the nymex. >> we are seeing pressure on the commodities

china, china, china, that is what we are focusing on.companies, but the main topic is the emergence of china and the slowing of the economy. >> we were formerly a part of aig. >> did i say aig? aia. >> china is a significant market to us. we were founded here in shanghai in 1919. we have a 100 year history and china. and coming to china to the summit is a very significant event. in terms of our business year, our business era strong. -- here is strong. you saw the half-year figures indicating continued strength in our chinese business at the half-year, we had 50% growth. over the same. last year. bash over the same it. bang at last year. same.na, -- over the bang last year. gapprotection gap here, the between what people should have a do have, is close to $20 trillion. the emerging middle class, all of these point to the greatest place and the greatest opportunity for us to do business. >> with the slowing pace of growth can you keep up the growth and new business that you saw in china in the first half of 58%. what kind of growth are yo

china growth has been in question. so this is the lowest china growth that we've seen in 20 years, or thereabouts. this is something for us to really say is this the end of growth, which affects what tim just said, the oil trade, the commodity trade, across the board. so you see these spikes. you see everything spike higher. does it hold here? i mean, it's been a -- we've talked about it on the desk. it's been a demand question. not so much a supply issue. so right now, the world is really in a precarious spot. >> if one were to believe that china is effectively going to paut backstop into its economy, there's a floor there. the biggest headwind facing the u.s. equities market was possible china slowdown and slowdown in europe. and we have the two central banks saying we are there to support the economies. i would have thought u.s. stocks would have been happier about it. >> the china slowdown hasn't come to fruition. i think steve makes a good point. but it doesn't seem to matter for our markets. i still think the gre

in return china wants u.s.r -- recognition for its approximate its western province where it has its home grown militants. >> establishing a blueprint for u.s. china relations, what can the president do or say at this point to craft a strong enough blueprint moving forward? >> well, i think it's important to remember thomas that president obama will have a full day with president xi jinping on wednesday. that's an reflection of the importance that china put on its relationship with barack obama. what will they discuss on that one day together? almost certainly the contentious issue of cyber espionage, that has been a thorny issue in this relationship. also china wants to discuss things like ebola and of course climate change. but i think china wants to have consensus at this apec. it wants harmony and it has been pulling out the stops to ensure that will happen. china wants to convey an image to its people, look: the leaders of the world have come to china to see us. this is a very big deal for china. >> finall

china and the u.s.ave rival trade pact they are pushing in the region. >> over the next five years, nearly half of all economic growth outside of the united states is projected to come from right here in asia. that makes this region an incredible opportunity for creating jobs, and economic growth in the united states. and any serious leader in america, whether in politics or commerce recognizes that fact. >> the summit brings global and regional leaders together for a face-to-face meeting. but observers fear it's too big of an event to ever achieve anything significant in the aim of asia-pacific cooperation. >>> for more on u.s.-china relations and competing visions on global trade, let's go to the senior advisor on asia. she joins me now from washington. bonnie, one would be forgiven if they didn't really understand what is going on here, because you have got president obama in beijing talking about the importance of america's relationship with china, and at the same time trying to cut a deal with a wh

>> china is exposed. apple, for example. we all know, of course. the greatk has firewall of china. aidu is part of the nasdaq. not an interesting proposition. it has yet to be seen if it will be allowed. >> the first week of the hong kong connect has come through. peter spoke about it. what did he have to say? >> he wrote on a blog. he is satisfied because it -- i -- certainlyphic one of the things that turned off investors was the champagne last monday. quiet.cts things to be many participants are waiting to see. they are still getting the hang of it and the big funds are getting a sense of how the untested trading rules will be affecting things. >> that is the bullish view. the bearish view is that there is no demand. marketconditions of the -- a lot of the stocks have been bought off and there is no arbitrage. it is unfamiliarity with the hong kong market. >> thanks for all of that. hong kong has a first this week. handbags going under the hammer at christie's in one is a design is made to be worth $60,000. art, antiques, fine wine, and jewelry. atll to come, closer look our top

we suggest china do these things for the sustainable growth in china and the growth of the pacific region. i look forward to discussing these with president xi over the next few days. even as america works to deepen other bilateral ties with china, we are working with all of the apec economies, including reducing barriers to trade and investment so companies like yours can grow and create jobs and create prosperity across the pacific region. after all, asia's largest export market is the united states. that benefits american consumers because it's led to more affordable goods and services. six of america's top ten export markets are apec economies. and more than 60% of our exports, over $1 trillion worth of goods and services are purchased by apec economies. millions of american jobs are supported. the work that apec members have done is cut tariffs and cut shipping costs and made it cheaper and easier and faster to do business. that supports all of our nations. we worked together to improve food security and encourage clean energy and promote education and deliver disaster relief and all

into china, including call. big winner. already, we are seeing taking advantage of it. the particular countries announcing an ambitious plan, a dariyry concerned -- concern. there is nothing left for sugarcane farmers or rice. there has the complaints on local media that they will not get a piece of the action. whenxample of new zealand they signed their free trade deal with china in 2008, two-way trade has doubled and tripled from australia and china, $150 -- 150 billion a year. set ambitious targets that want to raise growth by 2.1%. seems like a bit of a tall order, doesn't it? >> it does a bit, not ready to face. where do organizations make their profit? where it is sold or created or manufactured? the stampede of taxes for the legal books. 2.1% extra global growth over the next five years. well, intentions are all about one thing. the initiatives they need to meet to satisfy the imf, sonic in his the target. , theas the summit began prime minister tony abbott was complaining about having difficulty of getti

is human trafficking allowed in china? is it legal in china for the people to be bullied? this is what i want to ask." >> in the wake of the scandal, local officials have tried to intimidate families to stay quiet. in an interview in hunan, zhou yinghe's mother said officials only want to cover up what happened. >> "every time i went to the department and asked for my granddaughter, they said they didn't know where she was. journalists came to my house to investigate this matter. after the journalists left (officials) threatened us that if the journalists exposed them and affected their interests, they would take revenge on us and we would be in great trouble." residents of longhui county say they have suffered for years at the hands of corrupt family planning officials. told of the arrival of journalists, more than a dozen parents and grandparents crowd into a small hostel. one after another, they share stories of forced abortions, sterilizations and beatings. in december 2008, yuan qingfeng was eight months pregnant with her third child, when officials hustled her off to

china is our fastest grower export market. chinese direct investment in the united states has risen six-fold over the past five years. chinese firms directly employ a rapidly growing number of americans. and all these things mean jobs for the american people and deepening these ties will mean more jobs and opportunities for both of our peoples. and that's why i'm very pleased to announce during think visit, the united states and chinese agreed to implement a new plan for visas to tourists and businesses large and small. under the current arangement, visas between the two countries last for only one year. under the new arrangements, student and exchange visas will be extended to five years. business and tourist visas will be extended to ten years. [ applause ] >> now, of course that will be good for the businessmen going back and forth all the time. but keep in mind last year 1.8 million chinese visitors to the united states contributed $21 billion to our economy and supported more than 100,000 american jobs. this agreement cou

elizabeth economy on china. keeping china in the tent is no small achievement. wrote a raven note on the american -- rave note on the american strategy. the victory is this idea of china back in the tent. does mckenzie say about the future of china? >> growth will come down. they are adding a canada every two years. that is amazing. >> i like that. >> is the growth come delicate feather or a bowling ball -- does the growth come down like a feather for a full involved? -- or a bowling ball? >> they have to be there. this is where the growth is going to be. >> i'm curious on how your the otherhina back up emerging markets in the area? >> china will continue to grow faster than india, partially because of the quality of their education. china's education is very good. you go to a school in india, the absentee rate runs at 30%. that is the teachers. 30% of the teachers are not present. >> chinese efficiency. right? or competence. >> it is discipline. look at chinese-americans. >> their discipline extends down to the local governments. >> there are going to be proble