largest chinese school. enrollment totals 16,000 from kindergarten to high school. the school was originally founded for immigrant chinese to learn their native language cambodian parents have been allowing them to learn chinese. chinese signs can be seen around town. >>> chinese companies dominate cambodia's garment industry. this episode follows the growing influence of the chinese community in cambodia. >>> this man migrated to cambodia 16 years ago, he serves as a consultant for chinese companies here. today was the mid item harvest festival. a major chinese seasonal event. parties organized by chinese residents were held all over town. he attended a party for people from his home the venue was a chinese restaurant owned by one of them. he mostly gives consultation to clients about b2b problems and relying on his network of acquaintance acquaintances to several hundred employees. >>> few residents find it necessary to go overseas. among meetings of chinese citizens in cambodia, the group was relatively s

chinese consumers are getting sophisticated.here are a lot of local companies that have very technique analogy. -- very unique technology. charlie: with apple, there was skepticism that their price point we be appealing to chinese consumers. it turned out, they wanted quality. >> if you look at a few emerging chinese, they also have high quality. --chinese brands, they also have high quality. you have to compete effectively. there is not really a policy issue. it is, how much product is competitive? make sure you have local partners to work with you. charlie: as more people come from property and the middle class and any other time in civilization in china, it creates huge growth. including the chinese buying overseas products. i think that is great. i think that helps u.s. companies. many u.s. consumer companies could hire to that demand. charlie: tell me about cto expressed. >> that is a fantastic story. charlie: sequoia made $1 billion. >> a lot more than that. he never went to high school. he started's business with his fell

the class is conducted in chinese. this woman says she wants to specialize in chinese medicine because acupuncture and massage cured her of a debilitating disease when she was a child. >> chinese medicine is very deep. the effects appear gradually and the treatments seem very natural. >> reporter: from tuition to housing, the cost of the five-year program are funding by the university and the local government. gansu is home to many chinese muslims so they have no problem finding food on campus that meets islamic requirements. the students also learn about local history and ancient silk road ruins. they also learn about herbs as this area is one of the major areas that grow plants used in chinese medicine. the local government wants to spread traditional practices hoping it will spread chinese medicine. the classes are held in eight locations outside of china. including yauk ukraine and maldova as well as kazakhstan. it has also begun sending experts to these countries to train local people. >> translator: cultural exch

all the lessons are conducted in chinese. she says he wants to specialize in chinese medicine because acupuncture cured her of a blood disease when she was a child. >> chinese medicine is very deep. the effects appear gradually and the treatments seem very natural. >> reporter: from tuition to housing, the cost of the five-year program for the students from are funded from the government and local government. home to many chinese muslims so they have no problem finding food on campus that meets the islamic requirements. the students also learn about local history and the ancient -- they also learn about half of this area is one of the major places chinese medicine, so the local government wants to help boost exports of medicine. the government has established training facilities in eight locations outside china, including ukraine. it has also begun sending experts to these countries to train local people. >> translator: cultural exchange is a prerequisite for economic exchange. we are carrying out a strategic mission. more pe

and chinese consumers are getting sophisticated. there are a lot of local companies who will have their very unique technology or business models. you have to be prepared. >> rose: the interesting thing to me about apple, there was some skepticism that their price point would be appealing to chinese consumers. it turned out it was very appealing to chinese consumers. they wanted quality. >> but you know, if you look at a few emerging chinese brand, they also have a very high quality. >> rose: right. >> and you have to face that challenge. and you have to compete effectively. and i think there is not really a policy, it's really how much your product is competitive and make sure you have the local-- partner to work with you. >> rose: the burgeoning middle class, mr people have come from poverty in middle class than any time in civilization in china. >> you also create huge buying power, you are the biggest market in so many industries and so many companies around the world. >> rose: yeah. >> whether it's cars or television or whateve

>> hinojosa: ( laughter ) >> because up until that point, i thought it was all chinese, chinese, chinese-- especially with desserts, right? we don't have desserts in chinese cuisine. you know, milk was never... you know, cream was not around in china, so the pastry cream and soufflés and crème anglaise and all that stuff was like, just... it just completely opened my world. and the first thing i actually thought about was, "why can't i take chinese and french to combine the techniques and the ingredients? why can't there be that flavor combination?" because it seemed to work-- i mean, we call it a wok, they call it a sauté pan. i mean, it's the same technique, the knife skills are the same, and that really got me thinking i can not only perhaps be a chef, but i can cook what i like to eat by combining the cultures that i've learned from. >> hinojosa: and so how would you categorize, or if you had to, kind of describe what your cooking ended up becoming? because you're not... you're like, "i don't want to be a fusion cook," so what... how do you describe.. >> i don't like the term "fusion

to how there related chinese view the yuan depreciation.oned, the commodities are all pegged to to hasu.s. dollar as the yuan been depreciating faster, the chinese have been taking on investing in commodities to safeguard their holdings, their investments in international terms, so part of this strong was delivered in the local exchanges in china, then seeped out to the rest of the world. while there is a fundamental strength to that, there is also reason that these guys are just speculating because it is a good and keeping yuan purchasing power internationally even. rishaad: how come the yuan has been on this depreciation path, a weaker fix every day for 10 days now, but commodities are still dropping, so how do you square that? interesting part. commodities started dropping after peaking last week, and part of that is just a crackdown , so there was a lot of tiny speculation going on because people were investing there yuan in dollar denominated assets, in this case commodities, and the regulator started clamping down. in april, they put

for more on chinese -- china's event, we haveg our analysts.t you think of the results in the context of a slowing economy? >> i am not surprised because it is about three things. one, about cross-border, more u.s. brands selling into china, more westernized friends and consumers in taiwan are buying chinese goods. you see shopping is entertainment. often shopping is boring. from hollywood and it makes it more fun. and the third thing is that it is global. this has shifted the last four years. this is what we have been talking about. emily: obviously one of the goals of single state is not just to bring an international brands but international sales. i didn't get an answer on how many of the sales are accounted for outside of china. any idea of how much success piercing their? selena: the vast proportion of the sales are from chinese consumers themselves. they have the aliexpress platform but it is relatively small. i've not received a breakdown quite yet but i think a big theme of this year's single stay that you heard over and over again is

because the chinese have too much power to retaliate. but trump is no ordinary president. for as long as i've known him, and i've interviewed him many times over the years, trump has argued the chinese have gotten the best of our country on almost all of our trade deals. he said the chinese take our jobs away while dumping goods on us. but he hasn't said much at all about how many of our companies need their markets. i would describe his view as they need us more than we need them. in other words, he thinks they're blustering. they're doing the bluffing. and even if they don't, we might be fine anyway. he said to me many times our nation doesn't know how to negotiate and loses when it makes these deals. he has said to me that if he ever a chance, the u.s. would start winning. he's getting it. of course candidate trump may be more fiery than president trump and maybe he'll be more concerned about hurting our companies' markets once he gets into office. but maybe not. perhaps president trump will follow through on all of candidate trump's

the last thing the chinese want. and if you look at the rationale, as the chinese have offered, for their modernization program, both for the blue water navy, for what they've done with their strategic systems, the increase in numbers, increase in mobility, that this has got nothing in my view to do with the dprk, really. it has everything to do with, ironically, the american deemphasis on nuclear weapons that we have asserted, but in favor of conventional forces, both our conventional prompt strike and our multilayered, as they see it, ballistic missile defense, which goes to another one of your points, what are the chinese worried about? they're worried about our radars, to begin with. they understand that the system is limited. they may think it is less limited than we claim it is against sophisticated intercontinental ballistic missiles that have reentry speeds of the kind that they will have that have multiple targeted reentry vehicles, et cetera. but they're still worried that this is a system that can be upgra

one is sanctioning chinese banks. many chinese banks allow the north koreans to move money back and forth, to support these programs. and any toughening of sanctions i think would require the united states to do that, to start sanctioning an array of chinese banks that we know are engaged in this kind of collaboration with north korea. the second option, this is what i have written about, is to lay a resolution in the security council calling on all u.n. member states, ie, china, to cut off oil shipments to north korea, which i believe would be the toughest sanctions and where i think with a sophisticated public strategy, could put some real pressure on china and least spark a much more open debate in china, within china, about china's policies towards north korea. besides those two options, is there another option, ambassador gallucci, that you could think of to pressure the chinese other than those two options with regard to sanctions? and finally, i'll make a quick last play. when the north koreans have that capabi

it's also not good news for the chinese people.s very bad news for the chinese people who have money, because the value of their money is going down every day. imagine a savings account, where the value of it goes down every day and you haven't withdrawn a penny. and the only way to hold on to that value for the chinese is to use their money to buy something outside of china. in effect, to put their money in a savings account in another currency or adds the very rich chinese do, buy a piece of property in united states, like maybe an apartment. >> i love the chinese. they buy my apartments for millions. >> so, the sharp drop in the chinese currency is bad for american manufacturing, but american manufacturing jobs, it's bad for the chinese, and it's good for donald trump. and donald trump's children. and his grandchildren. but because donald trump is now the president-elect of the united states, of course he must already be doing battle with the chinese, against his own interests. doing battle with the chinese over this drop in the

perhaps the chinese will challenge it. we think it will survive any not sold the stock and suggest that you don't either. all right. the market is continuing to digest president-elect donald trump. and while many stocks may win under revised rules of his administration, serious risk could arise for others. on "mad money" tonight, it's the company giving the technology in your car a major tune-up. can it do the same for samsung? with the stock up 25% today, i'm sitting down with the ceo of harman after today's big acquisition announcement. you know we've liked that stock. then after being a major winner owning cvs health shares include motion sickness and depression. after this year's declines, is it time to sell the stock? and the internet of things is making us more connected, but it's also increasing our risk of cyberattack. the threat is real, but i'll see if cyberark can still help keep you secure. so stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? twe

french and chinese officials confirmed our objective to have a chinese company elect a shareholder inhe french state nuclear group. the shareholder will give a better access to the chinese market. facing a new round of strikes and salary negotiations. -- theycockpit has been will give 24 hours notice. you have to look out for announcements from the union. >>qéae?

we are today penetrating about 10% of the chinese retail market online.re is huge potential growth in that market. along with everything we are planning to do with our global initiative. emily: donald trump's trade policies might pose the biggest threat to alibaba of all the chinese companies. how could this affect you? >> we don't actually sell that much product into the united states. the number one a beneficiary, the u.s. has the largest number of brands to the chinese consumer and other consumers around the world. number one, head of oliver -- ahead of all other countries. it's hard for me to imagine a reason why we would want that to continue. it's great for retailers like macy's and cosco, it is fantastic for jobs and wealth creation and all of the things that donald trump and many presidents are focused on. emily: mike evans there. for more on chinese -- china's biggest shopping event, we have our analysts. what you think of the results in the context of a slowing economy? >> i am not surprised because it is about three things. one, about cross-bor

new year parade to be held next february 9th chinese chamber of commerce will ask his our application just two days ago on sunday we took part in the veterans' day parade they were a marking band were welcomed we the organizationers this is what the grand marshal and organizer of the parade said to our band. >> you've the greatest band i've ever seen. >> (clapping.) >> and you know you may not be welcomed some places but you're welcome here. >> ii just i cry maybe i've almost to grateful to you beautiful instruments, your music is beautiful, you're a one thousand percent not 100 percent you should be poured to be part of that organization and the culture you support and i thank you all. >> (speaking foreign language.) >> this is typical of what we heard when we attend many, many parades in the country people welcoming. >> thank you, ma'am. >> thank you. >> thank you. >> next speaker, please. >> sorry for any delay in getting in set up. >> we'll take the next speaker. >> we're good. >> supervisors and commissioners supervisors and police commissioners i'm the how shall derrick was with

if you don't have chinese consumers being engaged and buying american products and chinese investors can't invest in the united states and create more american jobs, then you'd be in trouble. >> separately rival jd.com said chinese consumption is good for both countries, underscoring the importance of the u.s.-china relationships, jb partnered with walmart. william leveraging off logistics network and opened a chinese store on the chinese site. >> to partner with jb, have a store will be very beneficial for sam's club. they don't have the reach yet, although they are building at a number of locations. >> walmart's investment in jd is meant to broaden the retailers overall strategy to beef up sales online. the chinese consumer has been playing a bigger role in economic growth both here as well as in the rest of the world, but the uncertainty around trump's victory and his aggressive talk on china during his campaign is raising questions among many economists who worry that china's economy already facing a slowdown could face even further head winds into next year, which might not bode

companies like bw -- bmw are ahead of chinese competitors. now beijing hopes that chinese companies can benefit from a stronger push for electric ability -- mobility. last year over three hundred 30,000 vehicles were sold their subsidized with 12 billion euros from the government. beijing is currently paying the equipment of 8000 for an electric car made domestically. car manufacturers now demand details on any proposed quotas. the chinese government is keeping quiet and analysts are worried that foreign carmakers will soon have to cope with unfair competition and an pdip market access. >> german companies in china are already saying that doing business in the people's republic has become more difficult for them. strict investment rules and corruption are among the regular complaints. the german economic minister will have a lot to talk about during his five-day visit to china especially since chinese investments in germany have been looked at with more suspicion. chinese investors have set their sights on a german machine building firm. the

the last thing the chinese want. and if you look at the rationale as the chinese have offered for their modernization program, both for the blue water navy, for what they have done with their strategic systems, the increase in numbers, the increase in mobility, this has got nothing, in my view, to do with the dprk really. it has everything to do with, ironically, the american deemphasis on nuclear weapons that we have asserted but in favor of conventional forces. both are conventional prompt global strike and our multilayered, as they see it, ballistic missile defense. who goes to another one of your points. that is what are the chinese worried b. they are worried about our radars to begin with. they understand the system is limited. they may think it is less limited than we claim it is against sophisticated inter continental ballistic missiles that have reentry speeds of the kind they have and pen aids and multipled targeted reentry vehicles, et cetera. but they are still worried that this is a system that can be up

the chinese hinterland so to speak. offering a good cut to those local retailers, incentivizing them to give great placement to their products. emily: they are even squeezing out xiaomi. using the product is pretty good. >> they are pretty good. what you have with the chinese smartphone market in general is saturation in the big cities, where apple did a lot of success, and now people in the center of the country getting some of their first smartphones and realizing these are the kinds of phones i can afford. you have nice displays, nice technology, very good cameras, all driven by the mediatech chips, a taiwanese chip supplier, and that's enabling all these companies to deliver a very nice product at a price point these people are willing to pay. emily: what does it mean for apple? >> i think it is going to be tough for them. they are never going to get a big portion of the market that oppo and vivo are going for it. those people are not interested in apple is a brand. they're not willing to spend that kind of money. l

what could the chinese do to us? a batch of boeing orders will be replaced by airbus, a european competitive. then u.s. auto and iphone sales in china will suffer a set back and soybean and maze imports will be halted. those are fighting words that a typical u.s. president might blanch at, the kind who has ties to big business or who believes that you can't get too tough on the chinese because many of our american companies need their markets in order to thrive. chinese has 1.4 billion consumers and without them, many internet companies based here will see their earnings get slamd. that's why modern presidents have feared the loss of those markets. clamping down on the chinese could end up being counterpro-duck f counterproductive for jobs. but trump is no ordinary president. for as long as i've known him, and i've interviewed him many times over the year, trump has argued the chinese have gotten the best of our country on almost all of our trade deals. he said the chinese take our jobs awhile dumping goods on us. bu

jack is speaking behind me and he is addressing the chinese media. he is making the point that i want to make to people, which is the absolute dollar value of what we are selling on the platform today is not the most important thing. are we're really focused on the hundreds of thousands of brands that are selling products on the platform and the experience that they are having in connecting directly to consumers. we are also very focused on consumers. we are experiencing with new ways for them to interact with brands through ar, vr, live all sorts ofd different ways that we are not tried in the past. this has been fun for consumers. it has been in gauging and cement is the educational for brands. andus, we are realizing having the opportunity to see the strength and resilience of our platform, whether in payments or logistics, we are going to have to deliver more than 6 million packages per we are processing orders at hundred thousand per second. this is a great test of the resiliency. my responsibilities for building alibaba globally, we are going t

in talks toid to be buy one of his chinese rivals.he company, this according to people familiar with the matter, this is the company has struggled to crack the chinese market. hasbloomberg tech reporter been working on this story and she joins us now from the newsroom. olivia, talk to us about where things stand right now. described, china is an incredibly difficult market to penetrate. go to beijing, hong kong, it's a graveyard of failed silicon valley companies. airbnb knows this and recognizes this. it sees showed you as a chance to get into this market. xiaozhu as a chance to get into this market. emily: uber the latest u.s. tech company to give up in china, that you couldemily: debate wher what they ended up with was really all that bad. airbnb had said a year and a half ago that they would hire a china-based ceo. that has not happened yet. i asked about airbnb's chances of succeeding there. >> looking for a chinese ceo is a smart move it that is something uber never did. emily: what do you think the odds are of airbnb succeeding

the chinese noticed this. i won't go through every step but it took us three years of very -- some of the communications the chinese sent to us were inscrutable by western standards. it was the first communication. chinese communication that was the first message we had from us from a head through a head to a head. that was true but how to go from there to -- all i'm saying is nixon was infinitely patient about this. and the essence was you pay the same price for doing something halfway and doing it completely so you might as well do it completely. so he -- strategic structure of the united states was based on -- another example in 1969, we decided that we were going to try to push the soviet military out of the middle east. and it sounded crazy. i stupidly said this in a press conference, that this was out of -- everybody thought it was so ridiculous. but we did it systematically by thwarting every soviet move based on military thought until it was decided he could make war with soviet arms but in order to ma

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

to the chinese markets. but the chinese market also understands that the need is mutual.make some compromise. by and large the trade relationship will be largely status quo. that is my best guess. doo you anticipate -- alix: you anticipate any shift from regional players in china? rotating their economy out of sectorsfacturing export into internal demand? chen: actually, it is happening. if you look at chinese growth over the next 10 months, it's much less driven by capex even. if you look at the breakdown of chinese growth, it's much more led by construction already. at least over the last eight or nine months. wehink the structural shift have been talking about is quietly but surely happening. it's very positive on the chinese side, because they view that as a potential protection of any irruption of trade friction around the world. we just heard about the telephone conversation from last night between the president-elect and president chi. how do you play it right now with donald trump, so that you have not destroyed your trade relations? chen: through all of this elec

saturday october 22nd we were supposed to go from chinatown for chinese council we found we were takenl when we asked the bus driveway said does not take us to the chinese counsel . >> (speaking foreign language.) >> the night and day the travel agencies represent us tells you the chinese council applied pressure to them her boss devised to cancel the bus service for the remaining 3 days it was cancelled we had to work with one replacement bus in a hurry that was a mess and lost a total of one thousand 200 hours just in - >> >> (speaking foreign language.) >> we are still engaging with that travel agency about this matter so we're not revealing their names pubically but if you require in private we'll share it with you thank you. >> thank you. >> next speaker, please. >> good afternoon madam president 5 and the supervisors we have been telling you in the past month the chinese council has been controlling chinatown and imposing the agenda on the communities here what we told you is a real experience that happened right here in the city last sunday the san francisco-based american trave

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

the event has become a barometer of chinese consumer sentiment offering clues on the health of the chinesend its largest online retailer. retailers took notice. we caught up with the alibaba resident from china as the accident was underway. >> it's highly unlikely that we will continue to grow at six to percent each year because the absolute number is becoming so large that that would be difficult to do. as you can see, we are at least 30% higher than last year. it looks like we will end up between $18 billion and $17 billion. that's a 9% depreciation in the remembyi. the real opportunity is that we are only penetrating about 10% of the china retail market on offline online so there is huge potential growth and that chinese market. ali baba emily: president elect trump said he would end trade agreements around the world. you worked at goldman sachs and you have traveled the world, what would a donald trump presidency and these policies he is indicating mean for alibaba and china? >> these are the two largest economies in the world and for them to work together is what will be necessary not

would be a clear negative for chinese exporters and american exporters within china.my, ahina's clear negative for china and the global economy and americans rishaad: tit for tat would be one of the worst things. globalization and its critics are winning. >> the worry is we want to send into a trade war. it is unlikely that china would not respond. they could respond and take into growth, but that is quite unlikely. they could respond with a weakening of the yuan. fixing theday's weakness since 2010. what are they hoping to achieve? >> there is dollar strengthen that story as well. if they weaken their currency, that would create instability inside china and for the wider world economy as a source of deflation. one to gotrump does into a trade war with china, it could get ugly fast for china and the rest of the world. rishaad: speaking in parliament this morning, the finance minister has been highlighting the importance of relations with the united states for japan's economy. government and its economic plans facing new headwinds, possibly from a trump presidency. abo

market, the chinese the chinese market -- i hope many other people try to get there.ou see great global players trying to get a foothold there. we like china for its content. in places like singapore and other places across the geography, great content from mainland china and hong kong china is important to us. we will be supporting the chinese ecosystem that way. i do not see us directly entering china. our ambitions look westward, actually. rishaad: why is that? is it a political reason why you will not be going there? a business sense, too? >> not really political. firstly, the internet ecosystem is very different. there is no google, no facebook. the traditional model and things succeed inild to southeast asia do not apply in china just because the ecosystem is different. market constraint is very different that does not necessarily leverage our strength and rochus. -- and focus. those are just a few of the reasons. we are in a footprint of 1.6 billion people today. that is quite big enough for us right now. we are looking to expand in other countries across south

that made 45% tariffs could hurt the chinese economy.nd at a time when the country is already struggling to keep growth up. meantime, let's move fromt trump economics to politics. he is still looking for his secretary of state and there is a new name on the list to accompany mitt new name on the o accompany mitt romney and rudy giuliani. that is general david petraeus. he is 64 years old and a retired four-star general. he is known as one of the leading generals of his generation and has been credited with the u.s. troops surge in iraq that helped push back the insurgency. he also served as cia director under president obama, but resigned for sharing classified documents in an extramarital affair. he managed to avoid a criminal trial with a plea deal in 2015. today though, he is back and it is reported that trump is inclined to pick david petraeus, but mr. trump will meet with mitt romney on tuesday. trump has come under much criticism after even thinking of picking general petraeus after he blasted him during the campaign season. haidi:

one of the first questions went to the chinese calculation.on't have any special insight to the calculation these days other than the other dead which a number of people have for it in about that the chinese -- that one of the reasons if not the chief reason that have been applied to the dprk not having the impact causing the pain that sanctions advocates might want is because the chinese have not allowed the sanctions to work and have provided a means by which the sanctions can be circled rented. rented. -- circumvented. .. looking like almost any other agency from 30,000 feet. is in the only place in the dprk that appears to be thriving? the proposition is not the only place but maybe the principal place. this would not all be possible without regime. i take from that that we work to do in beijing, even if you take my view that there's limits to what we can accomplish. they're still work to be done. the second question i thought was one that went to, do the chinese view the dprk's military capability and take up its nuclear weapons capabilit

businesses they're not making businesses r businesses this is not only the chinese council lnciliateose pack are undermining the freedom and constitution of this nation 3 weeks ago this board of supervisors passed its without discussion or vote a resolution to remedy the naming of our chinatown subway station the people all saw they remember and will remember in the future the naming recommends what kind of message are you sending to 9 people and the businesses to already in atmosphere those are the people you are supposed to serve and protect the chinese conciliate and the mayor join hands to honor her to the extent of being ridiculous you've done it out of your personal reasons to may have done to without knowing everything that rose pack is by the chinese conciliate they honor the packs to the - they're growing in the industry follow rose packs and you'll get process and be honored thank you >> thank you. >> next speaker, please. >> dear san franciscans supervisors i'm here to discuss about the issue of american citizens bullied and scared and superfluous but the chinese regime th

chinese goods are relatively cheap.e tothere is a flip this and that is historically one of the things in china, rising inflation. that might not be the thing the chinese government is that keen on. think there are potential issues. we were just talking about alibaba and singles day, this -- alibaba online shopping index and white. in the red, chinese disposable income. the story around disposable income because of rising real estate prices in china is not a good one. simon: from that perspective, you have china in the squeeze at the moment. go back 12 months ago and everybody was worried about the destructive effects of a sharply declining remember the -- rmb. if you are going to be called a currency manipulator, you might as well be a currency manipulator. --other issue yousef: how much leverage does the u.s. have in this equation? if they want to put money in infrastructure, they probably need the chinese to buy some of those bonds. >> that is a hugely significant part of this. the reality is, if you are , overg for

so if you studied chinese all these years, you start learning you start learning chinese. >> i would imagine there are some parents out there who are really interested in this idea but are a little hesitant or nervous oh, i'm going to sign my kid up. what if they don't take to this language? >> we asked the people at the school what happens if you're struggling in math and chinese? they say there's extra tutoring, extra help involved if it's needed, but because these students have studied the language for so long, it's really more ab language proficiency involved in learning the material. >> wow. once again another way for those students to communicate on their own with mom and dad having no idea what they're saying. >> we asked mom about that and she said you know, i expected in to happen and it does. >> i have no doubt it does. thanks so much. >> they're getting so much. it's good stuff. i'm very interested in these stories you've got coming up for us. weather this weekend. >>> it's just flat out nice. we've been waiting for fall. >> it's like what we've dreamed for in april and ma