he is a former chinese diplomat. and he's a senior fellow at the chinese institute for american studies studies studies. >>> coming up, hear from a former cia case officer to hear how isil is using social media to spread propaganda and recruit fighters. >> best selling author james patterson >> i don't work for a living it's play for me >> his rise to fame and fortune... >> the was a lot of luck involved. >> engaging a younger audience. >> a lot of kids don't think reading books is cool... >> and why novels are a key to success. >> education is the future of the economy. >> every tuesday night. >> i lived that character. >> go one on one with america's movers and shakers. >> we will be able to see change. >> gripping. inspiring. entertaining. talk to al jazeera. only on al jazeera america. hospital >> is a crime that's under reported... >> what do you think... >> we're making history right now... >> al jazeera america an air campaign against isil for nearly a year now striking targets in both iraq and syria. the goal

he is a former chinese diplomat. and he's a senior fellow at the chinese institute for american studies studies studies. >>> coming up, hear from a former cia case officer to hear how isil is using social media to spread propaganda and recruit fighters. the new al jazeea america mobile news app. get our exclusive in depth, reporting when you want it. a global perspective wherever you are. the major headlines in context. mashable says... you'll never miss the latest news >> they will continue looking for survivors... >> the potential for energy production is huge... >> no noise, no clutter, just real reporting. the new al jazeera america mobile app available for your apple and android mobile device. download it now reported... >> what do you think... >> we're making history right now... >> al jazeera america >>> the united states has waged an air campaign against isil for nearly a year now striking targets in both iraq and syria. the goal is to degrade and ultimately destroy the group but so far it's not been enough.

the chinese were willing as long as they got certain principles like both chinese on either side of theely there is one china they were willing to put , off other awkward elements. we were refusing to give them up, namely diplomatic relations with taiwan or security treaty with taiwan, the fact their troops in taiwan. will say that kissinger and nixon made these great concessions on taiwan. they went from say you can't talk about it to tolerating the president united states while we we were selling arms and had troops in taiwan. i think both sides were intent to move ahead on the broader issues, like in the shanghai communication in reference to the soviets. we did not give up diplomatic relations or the treaty until president carter normalized in 1979. imagine this -- when kissinger gave a press conference on february 28 explaining the shanghai communiquÉ, he reiterated our defense commitment to taiwan. we could not put it in the communiquÉ. we told joe the night before we were going to do that and he managed on chinese soil to reaffirm that. the chinese as well as the americans showed

comfortable with the chinese so they are moving ahead with the potential sale and the chinese are interested in investing in the company so that is one project that comes to my mind right now. that sth kind of thing we can make happen >> i have 2 other questions, i know you are based in shanghai but represent california throughout the country of china so are you able to get outside of shanghai? >> it is a big country and california is a big state so i do a bit of stravling but i go to the places you might expect besides shanghai, bay zing, [inaudible] southern china. i have limited myself a little bit because you can't do everything, so there is some limitation but i'm out of shanghai. shanghai interesting enough, people probably know this but it is wurkt repeting the population of shanghai, the sate of shanghai population is all most the soim of the population of california so it a big city with a lot going on. i think the population of shanghai is 35 million, some think it is closer to 40 and the state is [inaudible] it is point well taken and try to be judicious about our time >> my last

aey are about to launch chinese answer to netflix and hbo.t is a market set to travel in value -- triple in value. let us know what you think by following us on twitter and include #trendingbusiness. the chinese and hong kong markets get underway in 30 minutes but singapore, taiwan, and malaysia have just come online. zeb with a look at what is happening in the market is morning. zeb: good morning to you and given the dramatic developments in brussels, talks breaking down after 45 minutes we are seeing pressure on shares in asia and currency. opening indications, singapore and malaysia and taiwan coming online right now and what you see is decline at the open in singapore and taipei. that has been the story of the monday session in japan as well as south korea. down .2% in paris shares continue to be walked in the light -- watched in the light of mers. australia taking a stake of a network that might go out of business. immodest move to the downside, .25%. a modest move to the downside, .25% brussels having a clear impact on the currency mark

this is hinged on access to the chinese market, which marked a major step in integrating chinese stocks into the world of financial markets. let's talk about chow tai fook. the world's largest jewelry chain. they have stores on every street corner in the shopping district. a drop in profits, just over $700 million. that is from close to $940 million the year before. take a look at shares. we are talking about combined sales from hong kong down by about a third. china down to 16%. they are basically shopping elsewhere. they are still looking to expand in china with 160 new points of sale. have a look at this. finally, let's talk about google. they are planning to disclose more information on a regular basis. they plan on issuing monthly reports, following two accidents within a week. the reports will include a summary of project activity. any incidents involving cars are worth noting. since the project started, there have been 13 accidents. it brings up a valid point of concern. who is ultimately responsible, should these things happen on public streets? google admits it is still learnin

the chinese government rejecting claims it is behind the attacks.ys rejects claims of the sort. in a statement, the chinese embassy says attacks across countries are not hard to track and the source of attacks is difficult to identify. jumping to conclusions is not responsible and counter productive. we know there have been many instances where a cyber expert says they can trace attacks back to china and the chinese army. people's liberation army. you hear they are not involved and we are seeing shadows and ghosts they usually say. >> it may be plausible de. >> somebody types in democracy in a browser. intellectual property theft manages so go on. we talked to a senior american banker who said they are concerned about the iranians and russias s russia russians and chinese. >>> and authorities says two were plotting to behead pamela geller. at least one of the men involved in the plot was encoreuraged to launch an attack overseas connected to isis. we are learning more about why police moved in when they did to question usaama rahim. it was moving in

the decision to offer a gold iphone was a not too chinese can -- nod to chinese consumers loving gold. and it is expanding 50% by the end of the year. something to remember. greater china is apples second-biggest market making up 29% of sales last quarter. jack dorsey may need to rethink his day job at square. taylor swift tells apple how it will treat musicians in its new streaming music service. what it means for the rest of the industry next. ♪ emily: a story where watching. oracle chair larry ellison is fielding questions today. announcing more than 24 new cloud services at an event at company headquarters south of san francisco. oracle says new products are designed to move all data into its cloud. last week's earnings miss, cost chairs to fall the most in two years. we will have updates on what ellison says today. taylor swift takes on apple and wins. the biggest name in problem is -- music calling out the world's worst valuable company on twitter. she was upset that apple was not going to pay musicians during the free trial of its new music streaming service, apple music. in le

the chinese men's team hoped to make the top eight. one was a practitioner with a fox for teaching young chinese about the japanese marshall art. nhk world reports. >> the chinese team was taking part in the championships for the third time. he was one of them. he's been doing it for 15 years. he was team cap paintain more the men's group competition. >> it's the difference from attracts me. in kindo you have to respect your opponent and have to win against your opponent and against yourself. >> he is a chinese marshall arts expert. he said he came to know while studying a variety of marshall arts he admires its established conaccepts like the way of the semirye. he spent six years studying in japan while learning more about kendo and after he went to china in 2006 he set up a training. the popular did had been growing rapidly in china. he wanted to share the steps and direction with his own people. >> i'd like young chinese people to expand her riseorizons and want them to see other countries have great spores like marshall arts and l

did chinese hackers strike again? of who it is, and regardless of what their ultimate aim is the administration takes this very seriously and recognizes that as a threat to our national security -- >> we'll discuss the breach and what we should do about it with two key congressman, pete king and adam schiff. then rick santorum won 11 states and 4 million votes in the 2012 republican primaries. this time can he win the nomination? >> the last race we changed the debate. this race we can

government surveillance or breaches of chinese web security.or example, we heard from the snowden revelations that nsa had in fact been listening in or had breached networks in china. in that has caused a very direct chinese government response. they have now encouraged and even made it law that over the next few years chinese government offices are required to start using domestically made operating systems, and also are discouraged to use such american software products as microsoft. >> bethany thank you for joining us on al jazeera. >>> good news for the economy today. the latest jobs report released this morning showed brood growth. patricia sabga is here to break it down for us. for one thing, the estimates came in above expectation. >> exactly. and this was a very encouraging jobs report. let's take a look at the numbers. the economy added 280,000 jobs last month, far above what most economists were expecting, and leaps ahead of the previous average. the unemployment ticked up slightly, but more people were participating in the labor forc

there were a number of chinese newspapers. these have the same photograph, headline, hundreds were dead. little in the way of questions, and a strong play given to the notion that there was a prompt and effective response. it's not a strategy, it's coming at part of power. they said all the media is over the party. >> it shows the positive side of the event. proppa knanda. >> it's been that way for decade. there has been periods of journalist openers in 2008, when beijing hosted the olympics, restrictions were loosened slightly. controls of domestic journalism were intensified. the chinese media were critical of the official response. by 2011 when two high speed trains collided, media capital. even in the digital age when information is harder than ever to keep contained. >> going back to 2008, to the earthquake, as for what lessons they may have learned. they've recognised the fact that 2011 was a case where they weren't in control of the message, and this current case i feel like there's a more proactive stance to shut down

with the chinese.interesting to see how secretary kerry handles it in the upcoming discussions. >> the president of china is supposed to come here in september. we'll see how that works out. thank you all very much. coming up an ominous new warning that civilians are at risk because of a new fighting prelude to a full scale invasion by russia's putin. stand by. shocking new allegations of sexual abuse involving former speaker of the house of representatives dennis hastert. meet the world's newest energy superpower. surprised? in fact, america is now the world's number one natural gas producer... and we could soon become number one in oil. because hydraulic fracturing technology is safely recovering lots more oil and natural gas. supporting millions of new jobs. billions in tax revenue... and a new century of american energy security. the new energy superpower? it's red, white and blue. log on to learn more. ♪ ♪ (vo) you can pass down a subaru forester. (dad) she's all yours. (vo) but you get to keep th

and third, the chinese government are supportive to the equity market. to give especially investor confidence to add in it. i would not say it's a bubble yet, but it's looking more like a bubble. >> okay. and are you expecting authorities to impose restrictions if the market rises further? and if so, what kind could we expect? >> i don't think a chinese government has intention to kill the bull market. because equity market would play a more important role in china's next phase of economic development. but at this stage because the market rise very fast so expect the government probably will want to cool down the market a bit. because they want a slow build market, not a quick bull market. they could tie liquidity to slow the market down. >> speaking of that economic development, let's talk about the pros of equity financing. you know some say it's easier for beijing to carry out m & a's because state run companies will be able to expend capital and higher stocks could help pay off debts by selling stocks. do you agree with that? >> i partly agree with t

domestic investors are convinced the chinese spark -- chinese stock market will continue to rise, despite slowing economic fundamentals. let's take a look at the friday close. shanghai composite just up 1%. all industry groups powering ahead in the markets. stunning numbers, if you look at the gain and valuation in the chinese market over the past year, to explain $7 trillion added in 12 months. that is more than the entire $5 trillion market value of japan's stock market. paradox is this a comes the weakest economic expansion since it left in 1990. investors ignoring the macro signals. they are doing so with margin debt and margin financing, which stands at $230 billion. a lot of worries. take a look at what we saw with the eight shares. those chinese stocks listed in hong kong. the emerging markets index also up. we have seen a lot of volatility in that in the overall market. despite the enthusiasm in the chinese market, and they certainly are enthusiastic, floyd investors appeared to be voting with their feet. they pulled $6.7 trillion out of the market last week. they are concerned ab

this is in a meeting with the chinese. the chinese are laughing at him.nese have as much respect for international law as the communists and the nazis, the fascists did in the last century. for them international law is a creation of the western colonial powers to which they adhere when it is convenient. it's like obama saying to putin, people don't invade other countries in this century. well the russians just did. biden said as well in this meeting with the chinese, this relationship is just too important. well you've just given away the game. the chinese response is to say, the premier has said decisionmakers in both countries must always remember that confrontation ace negative sum game. in other words, you challenge us, you make us responsible, we're going to challenge you and we're going to hit you back. who's the dominant superpower here and who is the supplicant? the weakness of this response is simply astonishing. >> chinese vice premiere says both sides will pay heavy prices and the world will suffer too. of the things that were said that seems

he says i quote here, chinese laws prohibit cyber crimes of all forms. china has made great efforts to combat cyber attacks in accordance with chinese laws and regulations. jumping to conclusions and making hypothetical accusation is not responsible and counter productive end quote now what he says is not entirely new although the chinese government has always strongly denied any involvement in such hacking activities and have said they are actually one of the biggest victims of cyber attacks in the world. often pointing a finger at the united states now remember the former nsa contractor edward snowden's about aest espionage by china has given counter claims in saying u.s. accusations are baseless, hype critical and have a double-standard. on the other hand the chinese government including military has become increasingly hope about the strategic importance of cyber warfare. i went to a press conference recently senior officials with the people's liberation army there set actually given grave threats by the chinese military in cyber space. the military

the chinese and u.s. with the bristling relationship. >>> new details about the boston area suspects who authorities say were initially plotting to behead pamela geller before turning attention to police. officials say one of the men involved in the plot was encouraged to launch an attack by people overseas connected to isis. we are also learning more about why police moved in when they did to question this man, usaama rahim. was that approach that ended with officers shooting rahim dead. officials knew from wire taps that rahim called his father earlier to say his good-byes. that triggered alarm among the investigators who were following him. from boston pamela brown has the latest. >> reporter: john and christine, we were learning more about the role isis played with the boston terror plots. the plot to behead pamela geller in new york and law enforcement in massachusetts. according to u.s. officials, one of the three men involved with the conspiracy allegedly had been in contact with known isis terrori

as the horizon bright and the chinese people hoped, the chinese government cracked down on dissidents in tiananmen square. the u.s., alarmed, imposed sanctions and restrictions. tensions loomed through the 1990's, culminating with the u.s. bombing of the chinese embassy in bell grave, serbia, in 19 dmb in bell grade, serb -- in belgrave, serbia. by 2001, trade restrictions were loosened once again. china pledged to firingt the war on terror and committed material aid in great amounts for the effort. by 2006, china-u.s. relations deepened under the strategic economic dialogue. business in both countries increased as commerce offered great economic opportunity for both countries. on the verge of a bright future, we now see today with timidity and fear where we should see opportunity and favor with regard to china. china needs us we need china. yet we see in the last week, madam speaker a week of a barrage of negative press on china, covering everything from hedging them on trade to condemning them in the development of island outposts in the china sea to framing them up as the new milit

other countries in asia says it's not chinese territory. china says it is. the u.s. says china needs to back off building military facilities, where do you think the conflict goes? >> well, you know, first of all, before the 1970s, no other countries claimed the islands in. no other country claimed them for their own or claimed jurisdiction over the islands for centuries. china has evidence. united states is another party in the dispute over the islands in in the south china sea. the u.s.'s it takes no say. united states rebalanced to the asia pacific, and stepped up meddling in the affairs. this complicated the situation in the south china sea. before that, china had been working with the asian countries to find a peaceful way to maintain stability she abused relations with those countries, but the preps of the united states adds a complicating factor. it's up to the united states whether there's a conflict or not. china certainly will maintain sovereignty. and at the same time will continue to work with others to try to find a peaceful solution. that is what china

english chinese english and chinese filipino we've begun the process of reaching out to voters that were burn born in chinese and spanish and other countries to get the capture for the election materials sent to them other than english and in july beginning in august we have signage in 2 hundred and 50 buses to have the voters impact us for language other than english for the election materials. >> on the open data side those are before the november 2014 elections to provide the information on the website in relations to the open data their machine readable that allows the media campaigns and analysts and other folks to grab the information not to translate it but post it on their sites and incorporate it into their products we'll continue in november and start pushing out information warldz to nomination and petitions starting in jill one big achievement for november the posting of a voter guide for in a format starting in july starting to post the link data sf to the files so in november we'll link the x m l voter guide and again that creates more transparency to make the informat

the kokang militants are of ethnic chinese decent. the rebel group issued a statement on wednesday saying the chinese government had made a strong appeal and a cease-fire would ensure elections expected in myanmar later this year are peaceful. fierce fighting broke out in february in the eastern state of shan. more than 200 people have been killed. the clashes have sent many fleeing to the neighboring chinese province. bombing runs by myanmar's planes have resulted in casualties on the chinese side of the border. the incidents prompted china to launch a strong protest with myanmar. they conducted a military drill near the border earlier this month. people in myanmar have been critical of china. they suspect the militants may be receiving its help. observers believed china pushed for the truce to help maintain ties between the two nations. >>> the latest figures show american consumers are heading out to stores to spend more of their money. this after a cold winter kept them at home. ai uchida joins from us the business desk. good morn

tim cook told the chinese language version of "bloomberg businessweek" that his company takes chineses this taste into account when designing their biggest ticket items. the decision to offer a gold iphone being a nod to chinese consumers loving gold. plus he says he is backing an education program in china that teaches kids about mobile programs, something to remember is that greater china is now the second biggest market for apple making up 20% of sales last quarter. next, jack dorsey may need to rethink his day job at square if he wants to be the permanent ceo of twitter. plus taylor swift tells apple how it is going to treat musicians. what does it mean for the rest of the music industry next? ♪ emily: a story that we are watching, the oracle chairman and c.t.o. since he stepped out of the c.e.o. role larry ellison, fielding questions from analyst and customers, the company announcing 24 new cloud services at an event at coming headquarters in san francisco. they also say that new products are designed to move all the data into the cloud. last week's earnings caused shares to fall

are you ready to say that it was chinese hacking or not? >> i would have to defer to my colleagues -- >> so the answer is no? >> republican senator john mccain not happy. the deposit still not getting to the bottom of that massive cyber hacking. now we're finding out the number of americans hit by it could be more than 30 million. there is a far cry from the four million the government originally claimed. china likely behind it. now it has very sensitive data to use against the u.s. steve, is the government doing anything series about it? >> as can you see from that brief clip absolutely not. the chinese are having a ball stealing it and we're dropping the ball in terms of protecting it. the attitude sort of,oh, no real big deal shocking. >> john aren't you shoktd by what the government is not doing about it? >> no. this strikes me as much ado about nothing. if it were really a threat you would see u.s. custody share prices crashing to reflect the ability of chinese intelligence to fleece us of all sorts of data. the idea that they can outf

will it determ the ceo's grand chinese land? -- plan? ibm is scoring hundreds of millions of dollars in data technology. we will hear about their new center in san francisco. and e3 goes wild for "fallout 4." one of the brains behind it joins us on "bloomberg west." alibaba is turning up the heat on netflix, amazon prime and hbo go, entering the video streaming market. jack ma is building his own aversion in china and it will have its own original content and programs bought overseas. alibaba has been on the hunt for new revenue streams and has been trying to tap into their online video market, but will he be able to compete with more established streaming competitors inside china? join me to discuss it, we have the wedbush managing director and the bda china chairman and from new york, jeff from polaris advisors. i would like to lay out the landscape in china as it is now because alibaba would be a very small player in this market. it something $.10 has already been doing. guest: both 10 send and by do have been doing these forever. ali

and not so funny -- chinese arms makers poking fun at russia's military might over we chat. we will find out why after the break. ♪ ♪ brad: unicorns -- we keep spotting them. today it's blue apron. this grocery delivery company has raised 135 million dollars and a $2 billion valuation. here is what they are planning to do with it. >> we are investing in our film and infrastructure and supply chain to allow us to get fresher food at better prices and allow people to cook it at home. brad: this company delivers fresh ingredients to your home. and they give you the recipe. everything is measured out so you waste less food. they plan ahead with farmers to grow the right amount. >> we are designing a supply chain around and use. -- end use. we can do that all the way back to the farmer in a way that is more economically efficient than a grocery store can. brad: now there is one more player shaking up the grocery business. by now, you know the highlight of apple's development conference was the unveiling of apple music. the service costs $10 a month and builds on the acquisition o

what are chinese officials say? >> so far, the beijing authorities haven't responded, but a spokes plan for the chinese embassy in washington, d.c. has issued a statement reiterating the government's long held position on this issue. he says, quote, chinese laws prohibit cyber crimes of all forms. china has made great efforts to combat cyber attacks in accordance with chinese laws and regulations and jumping to conclusions and making hypothetical accusations is not responsible and counterproductive, end quote. so there's really nothing new in what he says because china, although, denies any involvement in such attacks has claimed repeatedly it is actually one of the biggest victims in cyber attacks, often pointing finger at the united states. now, remember, the former nsa contractor edward snowden revelation of vast u.s. cyber espionage program targeting countries like china has given the government here a lot of ammunition in their counterclaims. so this is what they have been taking all along. at the same time, th

charles: chinese stock market. >> yes, i think that will impact, if we get a chinese crash in the market, i think it could set the country back a decade. >> a lot of people say 1930 we entered into a recession, but smooth holly made it a great depression, added terror that donald trump is talking about -- tariffs that donald trump was talking about. >> this is a global economy, we don't make and live within the borders do we want to keep jobs here, yes, are they taking jobs away yes, but in a global economy we have to do business with everyone in the world. >> you know, i think usteve cortez, i thought about you, he said so many things have you said on the show, we're talking about an economic war. and also, he laid it out thick with respect to mexican dumping unwanted people, drugs and maybe rapists. i know you are someone who is sensitive to things with things like that with the latin or hispanic heritage, what did you feel? >> right, i thought it was a disaster, should we fear china as americans? absolutely not. by the way, a sense of history, important here. all thing that are said a

tensions are mounting area if the chinese really do try to keep u.s.alian airplanes or ships out of that area then we are in for some real conversations. angie: then all bets are off. andrew davis, thank you so much for that. rishaad: up next, another day another deadline missed. greece's next debt repayment is fast approaching and there's still no sign of a deal. we've got more on that and the rest of the days always after this very short break. ♪ angie: checking some stories making headlines around the world now. rishaad: the legislation that allowed the bulk collection of phone records is set to lapse. it will not be extended after a heated debate in a rare sunday session of the senate. officials say the lapse of the law could put american people at risk and called it a win for terrorism. the measures are likely to be -- within days. angie: the fifa president has attacked the english teaching media, accusing them of a campaign to force him out of office. several senior fifa officials have been the -- have been detained. rishaad: the plane powered on

most passengers were elderly chinese. so people's parents, people's grandparents.he relatives of course waiting for some news here, even as the authorities have -- what was initially a search and rescue operation that o involved hundreds of doife divers in thi murky water of the yangtze river. it is now more after salvage operation with cranes on floating barges that helped to overturn the capsized cruise ship to get it to an upright position and now the difficult work of trying to lift it back to the surface to bring four of its decks that have been submerged under water, decks with cabins, back up so that this very difficult work can be made, more easier to do. divers when this vessel was submerged say they are operating with 50 centimeters of visibility, pretty much in the dark, having to feel their way around. in many cases the cabins appear to have been locked. of course the ship is believed to have overturned around 9:30 at night on monday night. at a time when many of the passengers had gone back to cabinets than closed their rooms up as one would do when th

china wants them to use the chinese internet the chinese currency and also support chinese enterprises. if you tell me that we are not going to have any reaction to that and china is going to become large, likely the largest economy in the world under the next president, we have a very serious problem. it's going to affect the well-being of our citizens. >> ian bremmer, it's probably the best thought to end up. thanks for doing this. co

chinese investments have increased ten-fold over the last decade. it's a welcome flow of funds for the cash-strapped jay may can government. >> we cannot afford to borrow any additional money. this is why they are very attractive. at present, the investments from china are for more significant than investments from the u.s. >> reporter: earlier this year china invited representatives of latin american countries, including caribbean nations, to beijing. they discussed how chinese money could be used to strengthen ties across a range of sectors. >> translator: latin american and caribbean nations have abundant land and resources. it is one of the emerging regions with the greatest potential for development. >> reporter: private sector investors from china are also getting in on the act. this tiny island nation with just 50,000 residents has long been searching for a spark to the economy since it shut down the sugar cane industry. in 2005 the government shut down sugar cane which was the dominant force on this island country. since then it has searched

i thought we should draw our thought tonight from the chinese. it was confucius who said -- that's straightforward enough to have been said by an american at least perhaps in an earlier era. we're coming right back. >>> the left wing campaign against law enforcement is handcuffing our police and driving a nationwide crime wave. former police officer dan bon geno and the manhattan institute's heather mcdonald on what to do? >>> the days of stick ball are long ball. this is super poligrip seals out more food particles. so your food won't get stuck and you can enjoy every single bite. eat loud, live loud, super poligrip. super poligrip holds your dentures tightly in place so you never have to hold back. laugh loud, live loud, super poligrip. ónóv here at the td ameritrade trader group, they work all the time. sup jj? working hard? working 24/7 on mobile trader, rated #1 trading app in the app store. it lets you trade stocks options, futures... even advanced orders. and it offers more charts than a lot of the other competitors do in desktop. you work

a chinese social networking platform sword in new york on news it is the latest chinese buyout target. the buyout reflects the market frenzy happening in mainland uana where soaring the should our trek to two local companies listed overseas. a trend ofding delisting in the u.s. and relisting and china. the so-called go private deals total 25 billion dollars and they are a boon to investors. investors are rewarded with a 23% premium over the company's theage price prior to news. investor meetings in japan and indications are it could be a lively one. that is because they could be subjected to a shareholder friendly code. how is it looking for japan, inc.? firms are bracing themselves for a new era of investor scrutiny. investors intending -- attending shareholder meetings will -- this marks a huge change from the history of japanese companies shunning activist investor demands. to 25 biggests companies hold shareholder meetings in the next two weeks. in the past, the cover these the biggest shareholders would approve statements regardless of the effect on returns. the code is part of p

chinese hong kong listed stocks are good then.you don't have that -- jonathan: that is the point. i look at two charts, one is the market cap chart china should be equity market have a cap the equivalent of hong kong, sure. but the other chart is the evaluation story. from that perspective quite clearly, they have doubled some of the stocks on a nasdaq. the other thing, bill gross, he got the trade wrong. what is the trade when you look at chinese equities in the short-term? >> the trend is to not, steer clear. that is the trend. inactive is the bigger virtue. don't engage. this is a market driven by sentiment. we are never going to get an informational edge. these mandarin newspapers, and lets you read them every morning and understand what is going on with particular rumors which are obscure credibility is mild to say the least, do not engage. jonathan: even with the swings in the last couple of weeks still 100% gains on some of these indexes in china this year, what you tell them when a client calls you up and says why have you

say the analysts here chinese government sees it all as one continuum. they have been dancing around the issue. it keeps coming up. they keep trying to get the conversation back to areas of common interest and purpose. of theall this ahead meeting in september. thank you so much. you can get more on that and all of the day's top stories at our dismal destination. bringing together the best of bloomberg news. -- digital destination. other stories we are following for you on bloomberg.com. the way we get electricity is about to change. the shift which will churns form -- transform markets in the next 20 years. o'neal'save shaquille -- shaquille o'neal attacking wall street. what he is annoyed about. guest saysour next the fed is still on track for a rate hike in november. we will find out how he is placing his bets. ♪ angie: checking stories making headlines around the world. protesters have marched through the center of manila denouncing japan's involvement in war games in the south china sea. monetary officials stress that the exercises are not directed

the chinese gave no replay. coast guard officials sent more patrol ships to keep up surveillance and issue warnings. they say the vessel is still trailing cables. they hadn't seen a chinese research ship off the island of kumejima since april of last year. two chinese government shims showed up the same day in japanese territorial waters off the senkaku islands in east china sea. japan coast guard officials say both ships were there about two hours. chinese ships have entered japanese waters off the senkaku islands on 18 day this is year. japan controls the islands. the government maintains they're an inherent part of japan's territory territory. china and taiwan claim them. two japanese cities have been named as host to ministerial meetings in connection with next year's summit of leading nations hereiroshima and sendai will host the conference in central japan on may 26. the chief cabinet secretary announced that foreign ministers will neat hiroshima and finance ministers will gather in sendai. >> hiroshima is