is going back even further in history china's ng and a history of you want and history which is actually mongolian ruling over china today chinasaying even that is history of china so how much china wants to colonize history how much i know wants to colonize people cultures languages no when one thousand nine hundred eleven when china was toppling their month judeans chinese people said we are now free of foreign occupation and therefore the long play did have grand how the men in china was very they said we have to cut this because this is a culture of among jews we are now free and independent china china's forgotten this china is now adapting history oh colonizing history that's of the force you cannot keep lying this in the world today i need to get out of history in a moment but i still think we're looking particularly today events of nine hundred fifty nine andrew nine hundred fifty nine the dalai lama was the man who moved to fled to india explain to our viewers the importance of the dalai lama as a political leader a spiritual leader actually a god to people in tibet. it wasn't a god because he just very theist and i j

deal with china, that china lives by the deal because they've had a lot of problems living by certain deals. and we have to make sure -- now, no president has ever done what i've done with china. china had free rein over our country taking out $5 billion every year. in the truest sense of the word, we rebuilt china. but we're getting along with china very well. president xi is a friend of mine. the deal is coming along nicely. we have our tonight representatives going there this weekend to further the deal. but, no, we're taking in billions and billions of dollars right now in tariff money, and for a period of time that will stay. [ inaudible question ] >> george conway, how does he fit the standard -- >> i don't know him. he's a whack job, there's no question about it, but i really don't know him. i think he's doing a tremendous disservice to a wonderful wife. kellyanne is a wonderful woman, and i call him mr. kellyanne. the fact is that he's doing a tremendous disservice to a wife and family. she's a wonderful woman. [ inaudible question ] >> well, are you talking about the one that you just found out about having to do with cars? no recommendation. it's up for review. and

china's number two leader and in this government work report he runs through where china has been over the last 12 months and what it's expecting to do over the next 12 months, and, yes, the projected growth figure is a range of 6—6 projected growth figure is a range of 6-6 .5%. projected growth figure is a range of 6—6 .5%. now, that will be a slowing of the economy if that figure is real and yet it is still pretty strong by any measure. and, of course, in chinas coming offa of course, in china now, 6% is coming off a much larger base than, say, those double—digit figures we had for decades. as china's economy gets bigger it doesn't need to have such a high level of growth, if you know what i mean. of course, many people, though, question those figures, because some don't think it's that accurate. for example, defence spending, up 7.5%. well, there is talk that the big expansion of the country's aircraft carrier programme isn't even included in the military budget. now, another thing people will be watching is this provision to make it easier for foreign companies to invest in china. it seems that as long as you're not in certain industries, investors will be able, foreign investors will be able, foreign investors will be able, foreign investors will be able to get into china without this requirement to have a local partner and that's what it has been up until now. now, this isa it has been up until now. now, this is a clear nod to the us—chi

china's position in the world china has one military outposts. u.s. house eight hundred it's interesting because you say the u.s. is a threat and threatening china and china is reacting funny because the u.s. commander on the ground in the asia pacific davidson in february told the u.s. senate the exact opposite he says through fear and economic pressure beijing is working to expand its form of ideology in order to bend break and replace the existing rules based international order who's replacing rules of international order whose cracking down on the booty oh who's left to paris climate agreement who's challenging who grim and that's reached with the iranians who. it's not china i mean you could make it all about america and i'm not here to defend trump's america but the reality is that chinese hawks independently of the u.s. are on the ascendant in your country on twentieth of december chinese rear admiral lowell un said the chinese navy should consider sinking two u.s. aircraft carriers and killing ten thousand u.s. service personnel what do united states fears the most is taking casualties we'll see how frightened america is. i don't take t

china tensions are here to stay america wants to china's economy to conform to what washington wants and china as a rising power is bound to try and roll back you know it says influence in the world so is there any kind of a win win scenario of the chair countries relationship or is it zero sum game. well see i think that in a kind of a win win prospect of will be largely determined by the but whether both sides would accepted the fact that china to its political or economic institutions were not be changed fundamentally washington want to be so it will not be a kind of a mirror image of the united states want and you see that the when we refer to those a market economy for instance there's no so called a a one size fits all models for the market economy and the china of course is where you believe that we have being engaged with our opening up and reform and the china's model for economic development in the past few decades has proved that it is successful and work for for china and we believe that those small those with with it's china's catalyst takes work for china so if united states try

china. all things in china and chinese outside of china, as they themselves annunciate. idea that political reform will follow, as international relations theory might suggest, economic openness assumes that economic openness and reform is itself.o be achieved i would suggest the economic and undershoot and paying is more control politically and economically. the economy is being viewed and affected and control to achieve a political end. thinking about opening politics to enable what we would think our reforms to achieve an economic end. there is the greatest challenge in this particular issue. how this plays out, i like the way victor framed this, how it plays out is not just our bilateral relationship but how others react. how other partners also wrestling with china on the same issues, how do international trading and financial institutions respond? this will be a key moment to how this plays. is amichael is describing domestic issue for china. it is a domestic issue that has all sorts of international ramifications. china is a great power. it will be the next great p

china... not an easy job for who? for the leaders in china, in beijing. chinadone amazing things over the last a0 yea rs. amazing things over the last a0 years. the economic reforms have basically lifted most poverty out of china, from the chinese. but how do you move that forward? now, we have 300 million middle class in china. how are you going to continue to meet those expectations? through increasing authoritarianism, then? well, i think there is a mix of... if you let all chinese behave the way they want to behave, i think china would be a very different place today. so i think you do need some sort of a top—down approach. but you are right. i mean, how much longer you can continue this way? but i think for now, i think it is probably the best way for china, to have certain control, certain directions from the top. although hong kong operates very differently, thatis hong kong operates very differently, that is why we have the two systems. hong kong is more market—driven, whereas china is more central, top—down approaches. whereas china is more central, to

china. well china tend to ignore most of the queries isms because it is italy who long voiced desire to work closely with china and when people said that while china's project let some countries less reliant into dead traps there was say those are fake news and turn to sound good examples like what happened in greece which is similar to italy and it is true that greece did transform most indebted country to up revitalize the economy but we also have to be aware that china now owns the majority of greece crucial part asport so for china's partner they found the initiative to be both a blessing and a curse but the chinese government can't tell you the price side of this story could we expect more. trying to make more inroads into euro but will be the next move. well the next step for china is that claim to look for more countries to endorse the initiative which is the political wing and total diplomatic procedure for president xi jinping and is very crucial it's a cheat the chief reason that china is to show the politicos think of the project sixty at its launch we know now the figure is around two hundred billi

and they ran over out of china -- uber out of china. they had more rights in chinaer had globally -- rides in china than uber had globally. china has become a big place for massive urbanization. >> beijing has a lottery. unless you win a lottery, you cannot have a car in beijing. >> it is difficult. they have a lottery. in a city with over 20 million people, they are only allowing 100,000 new cars to be registered this year. carol: small percentage. >> small percentage. often it takes years to get a spot on the lottery. they also allow you not to have to go in the lottery if you buy an electric car. you have to get in line and wait. currently the weight is about eight years to be able to bite in the car -- wait is about eight years to be able to buy a car if you live in the city. >> if we are at peak auto sales. i have been able to chart this on the bloomberg table. i am looking at u.s. auto sales on the left and on the right axis, european auto sales. a lot of concern as it has been stagnating. may be consumers are not confident buying new cars. if it's changing ha

really proud that like kim is taking this train ride across the whole china not the whole china but like i read it all the way in china and china is responsible for providing security and like cleaning airing all the train tracks on roads fall for him to pass through. but then they also think that if they stop and for them because when they pass through the whole china china people cannot go to work on time they cannot take the train on time and i saw some videos and pictures of people taking this train and saying that like to complain about it basically. yeah ok as we've already seen the first meeting between the two leaders trump and kim took place eight months ago in singapore this time the vietnamese capital one oil provided it as we've been here in the backdrop for the summit and that was widely viewed as important because there are many who believe the vietnam's booming economy could provide a model a template for similar economic growth in north korea we'll talk about that in just a second after these images. luxury cars manufactured in vietnam a sign of the booming economy. quest mystic product is growing at a

economic and political model i think us and trump identifying china as the next week and then me it's actually not russia it's china and china it's certainly challenging america economically we have such a strong economy in china and i believe that china is a new engine of global economic rose and china will write economic history you often say in your interviews that china is now dead driver of globalization and i've heard the odds are economists that jazz that the future of capitalism now depends as much on the communist party of china as it historically depended on the democrats or the republicans do you think china has what it needs to drive capitalism in the right to. action well when president xi jinping came to warm your of two years ago he talked about globalization the said china is defending globalization and. part of president trump is seeing the american policies more retrenching it's more more taking view i believe the chinese leadership is very weiss china is experiencing some economic problems right now whole economic roads might be. read the fine to six percent kernel is at six point five percent and next wee

china's position in the world china has one military outposts. u.s. has eight hundred it's interesting because you say the u.s. is a threat and threatening china and china is really too funny because the u.s. commander on the ground in the asia pacific admiral full davidson in february told the u.s. senate the exact opposite he says through fear and economic pressure beijing is working to expand its form of ideology in order to bend break and replace the existing rules based international order who's with fleecing rules of international order whose cracking down on the booty oh who's left of paris climate agreement who's challenging. him and that's reached with the iranians who. it's not china i mean you could make it all about america but i'm not here to defend trump's america but the reality is that chinese hawks independently of the u.s. are on the ascendant in your country on twentieth of december chinese rear admiral little un said the chinese navy should consider sinking two u.s. aircraft carriers and killing ten thousand u.s. service personnel what do united states fears the most is taking casualties we'll see how frightened america is.

one partner with standard china, bank of china -- and bank of china. inda: sentiment amongst the client is improving as global markets down stag from last year's slump. we spoke with the ceo in an exclusive interview. >> what i see is that there is atually more client activity the end of last year, last quarter. it is higher at this year. it is not at the levels we saw at the beginning of 2018, but it declined a little bit more. thatis positive for us is in the stock market and management has gone up and part of our fees are asset-based and the others are transaction base. haslinda: what are you thinking for appetite for risks? we have the bond market that nobody knows how to make sense of. there is positive for the clients. they invested in the equity .arkets december was a bloodbath. it was no good for us or for the client. the banks stayed invested and that is positive. we have discussions that have just come from hong kong. some clients ask us if we should take some chips off the table carefully? i think that is not a bad idea. the first three month

post, forget the mÉxico border, new military budget is focused on china, china, chinapentagon chief names hypersonic missiles, space operations, technology theft and militarizing land in the china sea threats posed by china and displacement of the united states. what happens if we don't act appropriately enough? >> oh, we have to and we are, so specifically hypersonic missiles in this defense budget is increasing programs for hypersonic missiles across the army, air force and navy, eric two big surprises and n defense budget that shows there's arm wrestling going on in the pentagon, some pentagon civilians went against the air force and said put in 8 boeing f-15's even though the air force hasn't been f-15's since 1989 and asked the navy to cut out aircraft carrier truman when the navy really needs more carriers in the pacific. those are hot issues for dons decide why should the air force buy old f15-'s instead of the new stealth jet from china. eric: what's the reason? >> we don't know. all analysts are wondering what's up with that, they need self-aircraft like the f

those with with its china's cut the risk takes work for china so if united states try to through those kind of a negotiation or pressure try to change fundamentally and based upon china's constitution that we are china should change its political economic system it is impossible so if you know if they finally live with this reality it is likely for both sides to reach consent and reach but if if the united states continue to believe that through a continued press and to try to transform china to a kind of systems which is totally unlike what the united states want that is a kind of a mere rush so in your opinion what we have right now this us channel stand of as it more about economics or geopolitics at its foundation. both i think both the u.s. or china's understanding of a bilateral relationship is quite stable in the past four decades beijing always look at the bilateral relationship is a very core of competition and even some conflicts but the. bottom line is that both sides need to find a good way to manage those differences and to prevent them from being escalated into a. head on confrontation but from the united states perspective i think that there's a growing

such a strong economy in china and i believe that china is a new engine of global economic rose and china will write economic history you often say in your interviews that china is now dead driver of globalization and i've heard the odd their economies such as that the future of capitalism now depends as much on the communist party of china as it historically depended on the democrats or the republicans do you think china has what it needs to drive capitalism in the right direction well in president xi jinping came to him the american policies more retrenching it's more more taking view i believe the chinese leadership is very weiss china is experiencing some economic problems and whole economic roads might be. really be fine to six percent growth is at six point five percent and next week actually the n.p.c. the national people's congress is scattering and talking about those economic measures but china is about to change gears. really ever reaching the economy and playing with fiscal measures to reboost the economy providing more on the right track and the right toolbox you said just a

china, as you were talking about. you talk about china being willing to help economically and you will talk to president moon and president abe. how would you describe china'srole in facilitating the engagement that's happened so far between pyongyang and washington? pres. trump: china has been a big help, bigger than most people know. 93% of the goods coming into north korea come through china so there is a great power there. at the same time, i believe north korea is calling its own shots. they are not taking orders from anybody. he is a strong guy and they do things that are pretty amazing. 93% come in from china. china has an influence and has been a big help. russia has been a big help. as you know, they are a small part of the border but significant, about 28 miles. things can happen there and they have been a help. yes, go ahead, please. >> thanks, president. in your meeting with chairman kim this morning and yesterday, did the topic of china come up? if so, what can you share with us today? you probably will have the mar-a-lago summit in march with chinese president xi jinping. what would you like accomplished with your agenda regarding china? pres.

china. china has been making it more expensive to have a car. chinally big growth spurt in cars between 2007 and 2017. the auto market grew at a 12% annual rate. that's huge. double-digit business in that kind of business is unheard of. last year, the chinese auto market shrank by over 4%. carol: big change. jim: something has happened. one of the big things is the uncertainty over trade, but it's more than that. a big thing that happened is the notion that mobility services have taken off there much more than here. when we talk about uber and lyft, there's a company in china called didi. it's massive. carol: there is a step that -- statistic that jumped out at me, 30 million active users per day last year, almost all. jim: it is the uber in china and they ran uber out of china. they had more rides in china than uber had globally. china has become a big place for massive urbanization. carol: let's talk about beijing. beijing has a lottery. unless you win a lottery, you cannot have a car in beijing. jim: it is difficult. they have a lottery. in a city

huge amount of tariffs, or what i think is mostly more likely, we talk a lot about china but china sent stuff from china. the supply chain of countries before that, vietnam, thailand, malaysia, australia as well, who feed into china, and what happens to them. watch their manufacturing data over the course of the next couple of months and that will be the canary in the coalmine. it certainly will, thank you very much, and happy international women's day. tesla has signed an agreement with lenders in china for a i2—month facility of up to $521 million for its gigafactory in shanghai. let's go to our asia business hub, where shara njit leyl is following the story. this is quite a big development, is it not? yes, it is a big development, and it is also interesting when you bear in mind that the loans are all from the big chinese banks. the likes of china construction bank, agriculture bank of china, and a number of others. the loan matures in march 2020, and it comes after years of negotiations with chinese authorities to become really the first foreign automaker to fully owned manufacturing facility the co

not.the threat is the challenge is not necessarily coming from china's rise alone, china's economy, our relationship with china, the chinese people or the chinese diaspora. on the contrary, those are change. forces of the changes included coming from a state, the commonest party of china under president xi jinping, and how it desires to define and govern its own home. i think that is a challenge for what the united states and our partners around the world have to wrestle with. bob: venture, you are the korea expert and japan. how is this situation where we find ourselves now, how is it reviewed in asia? victor: thank you for the question, bob. first i would say that it is viewed as the most important itstion when you think about future. across any metric by which we define great power status. there is only one actor out there besides the united states that equates with that great power status and that is china. anything countries in the region -- korea, japan, vietnam, australia, all understand that this is the next big challenge for the postwar liberal international order that michael was describing. i think

part in these talks and he set it up for the campaign remember part of his china every other word out of his mouth which china china china and what has he done since he's been president he put it tariffs he put in deadlines the talks have been going on and now they're probably get a call one eight in a in a summit with the two presidents at the end of the month. you said that you know the president talks about how everybody always everybody else's problem right everybody else was a crappy negotiator he's the best negotiator didn't work so well in hanoi last week with north korea but let me ask you peter there's been some reporting that other nations are sort of feeling that if the u.s. china deal does go through that they worry about the impact of being left out of japan for example once a bilateral deal with the u.s. so what do you think peter. now i mean i don't like a lot of other countries have trade surpluses with china i don't think anybody's going to be left out of anything again i think this is all cosmetics and it wasn't obama that caused our trade deficits i mean we had tremendous trade deficits before ob

the rest of the world to pay china do you respect and what amongst you do respect is something to be judged. by the communist party of china or in fact by the leader of china general sparky ok we've also got vic to go with one of china's best known international politics experts vice president the center for china and globalization in beijing former interpreter for the late president going shopping you can't deny that the current chinese president is taking different steps of criticism is demanding respect on the regional and international china doesn't want to challenge the international order today but china wants to have a better say a lot just say in the international order today and i hope the rest of the world will respect china's request because this is legitimate this is a legal this is not revolutionary means to overthrow all the international in the south china sea there's a debate about legality when you're smiling there when it decided i want china is not to change the international system as we know it at the moment but is transforming it when the u.n. agency for human rights what's been changed and then china play a leading role in the transf

frighten china as well they need that they need a buffer and if the west is going to have that kind of an influence up to up to china itself i think there is i think china basically put the skids on thing are a little ones that will touch on that a little bit later big for its own reasons ok let me go to a hand ok in new york here and one of the things in watching this whole process here is that i'm far more impressed it's impressive in summits are but i'm far more impress on how the two koreas are working developing their bilateral relationship isn't that really the way to go forward to see how far they can and then maybe with the blessings of the united states for good or ill because it's they have the most at stake here and it seems to me this summit is really putting. the cart before the horse the horse i mean there's so many things that need to be dealt with before we can get to that point and it's called competence building and i see the two koreas actually doing that go ahead in new york. i absolutely agree with you peter and i apologize again. it's i'm getting over a cold. i agree there are a lot of integration issues that would have to be worke

more of china's role and so this conundrum caused them to come up with new ways to try to trauma reasons to the role of it by artificially manufacturing issues like with the south china seas with china seas and obviously with north korea because when there are. divisions and tensions between these other countries that's good for the united states because that enables the u.s. to stay the number one power whereas the other folks do get out and we could see most recently what happened with pakistan and india you know one could argue that there was never any healing between these two countries because the british empire probably you know failed to redraw the lines correctly and thus created a lot of tension here that. you know we keep them preoccupied and therefore not a threat to western nations who are going to i mean journalism will are dynamic right let me jump in to go to john before we go to the break here quickly answer is china happy with the result tonight here in hanoi go ahead john twenty seconds before we go to the break. no i don't think so and i think north korea wants the u.s. troops to stay i don't see any ok to to say that they want them out to the extent that north ko

china. china has been good for some, it also has been bad for many others. in 2000, when congress voted on normalizing trade relations with china, the promise was chi nalled -- china would reform, become market-based, democratic and respect human rights. but the china we trade with and compete with today is different than the one we hoped would emerge. china's economy, cha has taken on some market characteristics, remains fundamentally state directed. china's companies, state owned or not, are called upon to serve the government's interests. china's trade and economic policies are coordinated through five-year and 10-year plans. those plans are backed by china's resources. they are aimed at fostering national champions, advancing china's economic and technological ambitions and ensuring full employment in china. they are implemented at the expense of other economies in the theft of other intellectual property and without regard to the global trade rules for human rights of workers. these are structural economic challenges that american workers and companies face in trading and competing with china. while this administration con

what are we going to do about china? china has manipulated the market and the international system of trade and there should be consequences. when has the united states ever gone to military war or trade war without [indiscernible] we have alienated the european union. we have alienated our allies and trading partners. [indiscernible] who are already hurting.

china. what do you see in china when it comes to pharmaceutical innovation? chris: absolutely. we see very exciting things in chinaina will be the next frontier for biologics. all those reforms in china are pointing to pharmaceutical companies that need to innovate. biologics happen to be the next frontier people are working on globally. yvonne: the vaccine scandal that we saw. for a foreign investor, they have to be concerned about quality. is this a big wake-up call for the industry? chris: absolutely. wuxi has always been ahead of the global standard. we are the first company to be and wed by the u.s. fda are now approved by the european union. quality has been our lifeline. we hope we set the standard for other chinese companies to follow. yvonne: when it comes to wuxi biologics, what gives you that edge? when you compare to other players, what is your invented? we have a huge market we can benefit from. talent have a lot more in china every year. this is a lot more than the u.s. and a lot more than korea. when i started in this company, i started with 13 people. i have 5600 at the end of this year. yvonne: is

china what is their interest here what depending on how this plays out what could be the economic cost or benefits for them well naturally china right now they they they dominate like i said trade is ninety percent of the imports exports are with north korea at the through china china is a string polar to me a puppet master when it comes to north korea and always has been and i think as far as u.s. china talks you know before the talks in north korea fell apart in vietnam i should say with north korea everybody assume that there's going to be a deal signed that mar a lago in a few weeks between she and trump now maybe not so sure because trump said at the press conference in vietnam look i walked away from this i might have to walk away from the china deal even though larry kudlow expressed great optimism yesterday the other two. let's ignore the chief negotiator and see but who should the treasury secretary have expressed a little more of doubt and reserve when it comes to speaking about it so it's a question and especially if trump believes that china was behind north korea being obstinate here and stubborn at these most recent summit it might not bode well for the future of the trade talks and don't forget today's march first trump in his goodwill gesture

china. we're not forcing reform in china. we are working with reformers in china who want to reform china. nobody knows better how important that is than chinese-american business people, men and women. they absolutely know what the problem is. they realize also what the potential is, if china takes a step forward and changes these practices, the potential for them and really the potential for us. also i would say the potential for china is enormous. that's why, in fact, china has reformers and it is why it has people who want to change some of these policies. the reality is, that all of our businesses and their group probably more than any, are afraid to do business at some tier. they're afraid to do business with china because they will lose not only what we think of as technology, but also know-how. how they do business, that they will not have the intellectual property protected and respected and that there are huge markets that they can open up if we get this kind of thing reformed. i would be really interested the next time you go back and talk to them and call me and tell me. i would

china in particular since china essentially has an umbilical cord that runs into north korea metaphorically speaking. it keeps the lights on and pyongyang. over 90 percent of the trade routes to chinawere to get serious about this, and they did to a degree back when epithets were being hurled at each other. they were very alarmed. gerry: do think trade tension between u.s. and china makes it difficult? >> it makes it more complex. again, there are lots of issues wrapped up in the u.s. china relationship. the most important relationship in the world. it clearly has elements of significant conflict despite being each other's, among each other's biggest trading partners. gerry: just let me turn to another area of the world where there is tension. nuclear armed powers. india and pakistan. again, you dealt with this a lot as at the cia. this in the last couple of weeks, terrorist attack on indian soldiers in kashmir, then india retaliated and pakistan checked on indian jets. a lot of concerns that people have, and i just got back from india actually, is that there isn't the kind of restraining presence of the united states. the united states seems to be rather standoffish here this time

developments on the huawei case are causing major new tensions between canada, the us and china. chinaas a senior huawei executive sues canada over her arrest. at least 23 people are killed, some of them children, after two tornadoes hit the southern us state of alabama. more on that and all our stories on bbc.com. let's now take a look at some front pages from around the world. the south china morning post leads on the huawei dispute, and says a senior chinese official has accused the united states of violating the rules of the world trade organisation. the official said the us interfered politically in the activity of the chinese company, when it requested that huawei's cfo, meng wa nzhou, was arrested in canada. the japan times reports that the lawyer for carlos ghosn is confident the ex—nissan chairman will soon be granted bail. mr ghosn has been in detention since 19 november and has already been denied bail twice. he denies allegations of financial misconduct. and finally, the philippine star says the government of rodrigo duterte has stood firm on its decision to publish a list