direct investment so it needs that to continue to bring wealth to its people and for the chinese communist party to continue to justify its position as the as the ruling power certainly it needs f.b.i. i think perhaps the states are increasingly high now but as the market is opened up so china has opened up more strategic sectors such as automotive and financial services so i i think that we will genuinely see a lift on the investment at the end should count for automotive hopefully later this year and we'll continue to see certain sectors opening up other non-strategic sectors have been open open for years chris just give me a quick yes or no because we've got to leave the interview here is the trade war now over. i can sum it up in one word i hope so but there's a lot of skin in the game that's already got a good sort of taken place i will just have to wait and see but hopefully trump has what he wants ok we'll leave it there big hopeful maybe from chris toroids on that one from control risks thank you. and when there was one sad saudi arabia's building a city in the middle of the desert the g

agreeing to follow rules and regulations of chinese communist party but my thing can both be wrong. in this country it's just showing china's the chinese government. soft power is rising year by year and it's very scary with the confucius institute supplying millions of dollars to you mass foster we ask a senior school official what impact that has on the teaching here can students talk about the one hundred eighty nine. massacre and they talk about human rights violations and. i would assume that their classes that they're having that are on those topics that they can talk about those issues i think that that's kept quite separate from the type of ideas that we see the confucius institute undertaking with me agreement with their confucius institutes does that mean that there is a degree of censorship. i think i'd have to research a little more so if you understand what i mean i'm i feel like we're we're getting into a parrot torrent that i need to understand a little bit more what you're questioning me about last week i wrote a letter about the confucius institutes which are funded

the chinese communist party with economic policy to allow for economic growth but still serves the interestsof the state clearly they had with economic socialism or economic system is what they would call authoritative capitalism. or mercantilism. and american diplomats. the chinese officials and chinese businesses and with that impression that i took away is the chinese government to do anything legal or illegal moral or immoral or ethical or unethical to get ahead of the united states and when they do they stay there. into coin the term peaceful right in the great power which is designed to sound benign. and with the slogan peaceful ride that sounds threatening. so i'm not threatened by chinese economic growth with a peaceful free-market democracy because democracies generally do not threaten each other. and they have been lifted out of poverty and for humanity is good news, story. it is also good for the united states. and the john deere tractors the better for iowa in the national economy. unfortunately china is not interested in the level playing field. and confucius said heaven does no

the chinese communist party with economic policy to allow for economic growth but still serves the interestsof the state clearly they had with economic socialism or economic system is what they would call authoritative capitalism. or mercantilism. and american diplomats. the chinese officials and chinese businesses and with that impression that i took away is the chinese government to do anything legal or illegal moral or immoral or ethical or unethical to get ahead of the united states and when they do they stay there. into coin the term peaceful right in the great power which is designed to sound benign. and with the slogan peaceful ride that sounds threatening. so i'm not threatened by chinese economic growth with a peaceful free-market democracy because democracies generally do not threaten each other. and they have been lifted out of poverty and for humanity is good news, story. it is also good for the united states. and the john deere tractors the better for iowa in the national economy. unfortunately china is not interested in the level playing field. and confucius said heaven does no

they're going to trade but they're going to do on their terms and their terms are letting the chinese communist party be in control and control the economy make sure that foreign companies that come in are working in the interest of china continue to raise people up out of poverty continue to develop technology and in invest in research and development president she is negotiating this is a negotiation and china is not going to be kicked around they are totally willing to negotiate and it's also part of that trying to twenty twenty twenty five agenda that you've spoken so eloquently about and explain to us before steve this got to be seen as probably a big win for the president don't you think the president trump if hillary clinton had won the election none of this would be happening it would be business as usual all the points that donald trump read on when it came to our intellectual property the trade deficit especially china how many times that he said china china china china nauseated all of us. but it's working i mean they traded barbs over the past few weeks the market was on a roller coaster

the chinese communist party has modified its economic policy to allow for economic growth, but it stillserves the interest of the state, not the interest of the people. it is not a free market. clearly because they admit their economic socialism or their economic system is what they would call authortative capitalism, aka merchantilism. i visited with government officials at the national and local level, chinese and american businesses, and american diplomates. the chinese officials and the chinese businesses had their talking points down almost too well. however, the impression that i took away from the visit is that the chinese government will do anything legal or illegal, moral or immoral, ethical or unethical to get ahead of the united states and when they get ahead, to stay ahead. china coined the term peaceful rise to describe its drive to become a great power, which is designed to sound very benign. in fact, china later changed this slogan peaceful rise to peaceful development, out of concern that the word rise sounds threatening. just to be clear, i'm not threatened by chinese e

. -- say i oppose that because that is most certainly how the chinese communist party views the united states. when you read what they say about themselves and their own global interests and if you read what they say to the united states, it is very clear that asy view the united states an entity that has trying to contain them and restrain them. they want to get past that. that's the reality. think the united states in the 1990's and 2000s, there was a kind of euphoria about china opening up to the world and becoming democratic. naivete aboutmost not just china but many countries in the world. what we have seen in the past five years is that simply isn't true, at least not right now. china will be more authoritarian five years from now than they were five years ago. they're are going to be one of the strongest countries in the world. hack in the united states deal with that going forward? it is quite difficult. how do you walk that line between we understand your tried to push back but we also have to work with you? it is fundamentally different from the cold war because we did not ha

when you're in the chinese communist party, you don't want to create a wave of unemployment. what they do is export that excess capacity and that unemployment to other countries. where we work on more of a market basis. that's the challenge that we're fatesing. -- we're facing. >> just to add a few points, china consciously set out to build the largest steel industry in the world. in now, before they entered the w.t.o., they were producing about 100 million tons of steel a year, so was the united states. they now have the capacity to produce about 16 times that, about 1.6 billion tons of steel. china is now the largest exporters of steel in the world and yet very few of those exports come directly to the united states because our trade bar has been very effective at taking unfairly traded steel out of our market. but that's part of the reason it's showing up in places like korea and japan. they're willing to import that dumped and subsidized steel, turn it into downstream products and ship the downstream products to us. it has a pernicious effect on trade. it's in the just ab

china's great revolution you are confronted by a surreal spectacle for right outside where the chinese communist party it was bone of the very symbols of capitalism stocks apple caught here. and down there perhaps the free market is greatest triumph bottled water but in shoals you live young costing six pounds for a small bottle in my hotel. now spin and his tune if he was here i'm not so sure hidden history is always a key to the truth five years before his great communist revolution in one hundred forty nine mts sent this secret message to washington china must industrialize right now this can only be done by free enterprise chinese and american interests fit together economically and politically america need not fear that we will not be cooperative we cannot risk crossing america we cannot risk any conflict. mal received no reply. nothing has changed. mouse a tongue was looking to be a friend with the united states from the beginning mouse says i will go meet franklin roosevelt in the white house moll reaches out nine hundred fifty to harry truman he reaches out to dwight eisenhower is hand was tos

cat and swap into something similar that's immunized against any kind of tensions with the chinese communist party. early this week it looked like the trade war with china might be averted when president xi -- i do think of him as chairman xi announced plans to open up the chinese economy and make conciliatory noises on tariffs but officials from china said they will retaliate if our government does anything else to ratchet up tensions and hit us right where it hurts with more tariffs of their own in response to my partner larry kudlow who went on "closing bell" and let us know the u.s. may impose tariffs before we start negotiate negotiati negotiating. maybe it's foolish maybe it's justified maybe it's not that's not my department what matters is that -- is what all this tension does to the stock market and based on these latest developments, i think it's clearly too soon to declare we are out of the woods on trade. ever since chairman xi's speech, stocks like caterpillar have been rebounding nicely after getting absolutely eviscerated over the past few months i say, wait a second not so fast. le

maybe in someone in the chinese communist party knows about it this means you have to worry about any merger with a company that does a substantial amount of business in china he thinks we need to be concerns about contracts dealing with 5g wire al wireless technology. the fcc moved to potentially block tell crow purchases by chinese firms. who is to say the chinese government won't retaliate against our own companies like cisco or juniper i like cisco i think juniper needs to be sold there are already restrictions our companies need to apply for an exemption if they want to sell the stuff to the people's republic these could be hard story come by for example, intel is trying to build an advanced semiconductor plant in china but who knows if they can get it done in this environment finally mountains out that the chinese government -- the government loves to organize boycotts whenever tensions flare with japan or south korea the communist people gets them to do a boycott. if the nsa spying uproar there was a steep doctor drop-off in u.s. enterprise software to chinese companies. we pro

the chinese see taiwan as core of the legitimacy of the communist party. if a war starts over taiwan, it's essential for the chinese to devote a lot of energy and resources and it will get bad very fast. for the united states, the u.s. will have to decide what are we going to do? are we going to defend taiwan? are we going to live up to pledges under the taiwan relations act? the problem to the united states is that its involvement in taiwan will be seen as a litmus test for its broader credibility and its allies and partners throughout asia. everybody's going to lose in the war for taiwan. why is xi jingping scared of winnie the pooh? when you do been cute and cuddly to me. [laughter] host: mark, go ahead. caller: good morning, pedro. i would like to ask your just a question of what would be the positive or negative of american tariffs. china charges us 20% on sugar imports and we only charge of them 5%. what are the positives and negatives of our country putting americares on all the countries we do business with? host: this is a long-term strategy for bo

when you are in the chinese communist party you don't really want to create a big wave of unemployment. what they do is export that excess capacity to other countries where we work on more of a market basis and that's the challenge that were facing. trying to consciously set out to build the largest steel industry in the world, the year before it entered their producing about a hundred million tons of steel year so is the united states. now they are able to produce about 16 times that. once .6 billion tons of steel. china is now the largest exporter of steel in the world and yet very few of those exports come directly to the united states because our trade bar has been very effective at taking unfairly traded steel out of our market. that's part of the reason why it's showing up in places like japan. they're willing to import that steel and turned it into downstream products and ship them to us. it has a pernicious effect on trade. it's not just about trade and steel and aluminum. the other point i would make is that they are consciously attempting, this was a result of a five-year pla

when you're in the chinese communist party you don't want to create a big wave of unemployment, right? so they export that excess capacity and not unemployment to other countries, where we work on more of a market basis and that's the challenge that we're facing. >> just add a couple of points. china consciously set out to build the largest steel in the worltd. world. they were producing 100 million tons a year and so was the united states and they now have the capacity to produce 16 times that, 1.6 billion tons of steel and china is the biggest exporter of steel in the world and yet, very few of those exports come directly to the united states because our trade bars have been very effective at taking unfairly traded steel out of our market, but that's part of the reason why it's showing up in places like korea and japan. they're willing to import that dumped and subsidized steel, turn it into downstream products and strhip the downstream products to us, and it's not just about trade in steel and aluminum. and the other point i would make about the chinese is that they are consciously

the chinese see taiwan as core of the legitimacy of the communist party. ar starts over taiwan, it's essential for the chinese to devote a lot of energy and resources and it will get bad very fast. for the united states, the u.s. will have to decide what are we going to do? are we going to defend taiwan? are we going to live up to pledges under the taiwan relations act? the problem to the united states is that its involvement in taiwan will be seen as a litmus test for its broader credibility and its allies and partners throughout asia. everybody's going to lose in the war for taiwan. why is xi jingping scared of winnie the pooh? when you do been cute and cuddly to me. [laughter] host: mark, go ahead. caller: good morning, pedro. i would like to ask your just a question of what would be the positive or negative of american tariffs. china charges us 20% on sugar imports and we only charge of them 5%. what are the positives and negatives of our country putting americares on all the countries we do business with? host: this is a long-term strategy for both cou

the chinese communist party has modified its economic policy to allow for economic growth, but it still serves the interest of the state, not the interest of the people. it is not a free market, clearly because they admit their economic socialism or their economic system is what they would call authoritative capitalism, a.k.a. mercantilism. i visited with government officials at the national and local level, chinese and american businesses, and american diplomats. the chinese officials and the chinese businesses had their talking points down almost too well. however, the impression that i took away from the visit is that the chinese government will do anything legal or illegal, moral or immoral, ethical or unethical to get ahead of the united states. and when they get ahead to stay ahead. china coined the term peaceful rise to describe its drive to become a great power which is designed to sound very benign. in fact, china later changed this slogan peaceful rise to peaceful development out of concern that the word rise sounds threatening. just to be clear, i'm not threatened by chinese

chinese system or. this means if the communist party of china talks about marxism today it doesn't necessarily have a great deal to do with his works. in his anniversary year marks is also available in x x al created by an artist loyal to the party the statue was a gift from china to the city of tria. you could be success that china is having is a validation of marxism back which are. the ideology of karl marx is correct and should be protected as the heritage of all of mankind prove he is in our hearts in a huge way point. this figure is also huge five and a half meters of hero worship of the city of korea except such a gift or does this mean the city is paying homage to a communist system there is a hefty criticism from dissidents. and shino in china millions and millions of people have been killed in the name of marxism. this regime this policy instead of coming to terms with the past it is foisting such a huge outdated monstrosity onto the city of tria. leeson whilst home that. runs giant is a political issue and planted right in the heart of korea. that what. caused this statue is not a work of art or

the chinese global times, which is a communist party paper said how will china react any global voice and most chinese would agree that china will take action with equal force and scale to fight back. so based on what china did last time by slapping a package of tariffs of 50 billion to match the u.s.'s 50 billion, a lot of people here say we could see china putting on an additional 100 billion. the problem for the chinese and the u.s. is that china only import 1$154 billion worth of american goods that means that everything that's being imported from the united states would potentially see a tariff some analysts say this expanded tariff list could be an option and that the chinese could curtail services exports to the united states, increase regulations on american companies in china the capital economics folks believe if this actually continues, it could mean that china would see a half percentage point knocked off of its gdp. china says it is in it for the long haul. we saw this as a top trending topic. public opinion is in favor of the government >> eunice yoon, thank you. >>> let

chinese domestic politics. as we talked about before, the communist party as well as president xi jinping have been trying to characterizehemselves as a defender of chinese national interests they're the ones who will showcase china's power on the world stage. so they've been projecting this image in the state press to the public and can't really be seen as backing down. but, brian, all is not lost because according to the official state media the china daily said today if the trump administration is open for negotiations then it's time for trump to give up the useless tariff weapon and come to the negotiating table. so, in other words, the door is still open >> the table is hot. eunice yoon, thank you very much >>> so much more to do this morning. on deck, facebook under fire as they up the number of people impacted in their data scandal. >>> and later, we'll call it a trade triple play. how tariff talk is impacting er, engythe market and the fed "worldwide exchange" back in two. just another day on the farm. or is it? this farmer's morning starts in outer space. where satellites feed infrared images of his land into a

theround of this is that president xi jinping and the communist party have been portraying themselves as a defend of chinese interests against the west. that's the image they are selling to the public in the state media and they can't be seen as backing down.g accordino the official state media that doesn't mean that the cor isn't open. according to thna daily today, if the trump administration is open for negotiations then it's time for ptrump to give the useless tariff weapon. for "nightly business report," i'm eunice eun in beijing. >>> china's proposed tariffs a rtain to impact the energy industry as well. but not where you might expect. our jackie deangelis has that part of the story for you tonight. >>> >> reporter: chi targeting two areas in energy with proposed tariffs, propane and ethanol. while both products are eorted in relatively small quantities, china is a rising consumer. the u.s. energy information administration reporte last year that china consumed a little less than 15% of.s. propane exports. tariffs would make propane more expensive when imported. iat would make less attractive to buy f

chinese state press. the global times, a communist party paper said how will china react? y global voice and most chinese would agree that china will take action with equal force and scale to fight back. a lot of people here read that to mean that china could come up with an expanded tariff list of their own, that could match at 1$150 billion worth of goods. if they were to do that, given the fact that china's customs data shows that china imports 1$154 billion of goods that meas china would put tariffs pretty much on everything they import from the united states that, of course, has not happened yet but there are analysts such as folks at capital economics who say the expanded tariff list could be an option they also believe the chinese could curtail services exports to the u.s. or increase regulations on u.s. companies in china. capital economics says if this were to happen and get to the worst case scenario, they think it could take a half percentage point off of the gdp the chinese are saying that they have the stomach to fight a trade war more than the united states a

can do is underestimate in its impact because the communist party above all is subversion, infiltration and what is called peaceful evolution. so chinese leaders point to many different speeches to so-called hostile western forces that are trying to split up the parties on this assault why the regimes have so many huge funds, such huge resources controlling the way that the chinese can think and express themselves. there is a lack of trust in the stability of the system. the liberal democracy on taiwan must of course be seen in china as a challenge to the legitimacy of this regime. the existing as political ideological element to it. the second dimension, geographically determined and containment that has been brought forward as an idea against containing asia. if you read the text by chinese naval if, you will constantly find what authority then elaborated on, which is also encircled by the u.s. and its allies on the first island. one has to concede that this perception, if there is this political ideological threat perception, it is not completely without a basis because it gives the allied militaries very good fantastic opportunitie

in with the whole political strengthening of xi jinping and the communist party and the party state. >> doesn't it also leave the chinese side with less bargaining power we had a guest this week who says china imports more semiconductors than cars >> though they have been building up the semiconductor. they will be in position to start going on stream with production in the next year or two. so, they're in an intermediary stage. you're right, they will be negotiating, not to cut themselves off from any of the technology they need in order to become a much stronger new generation competitor in the 2020s. >> of course while all of this tariff trade war situation is going on, the other big question in the region is that north korea situation. i'm curious to hear your views on whether you think this so-called meeting between president trump and kim jong-un will happen and if it will bear any positive results >> i think it's become more likely to happen over the last week or so with kim's visit to china, which is very much china coming back into the game. there was the potential that kim and trump would meet and china would

communist party. they can't easily switch from the u.s. to brazil. cunning, butn chinesemart and well-prepared, they have their political allies in the u.s., but it is not all going their way, i would say. an interesting point relating to that, the effect this would have on china. the soybean industry, processing industry in china is grossly overcapacity and this is a separate problem they have been worried about. they are recently large players in that market. one thing i think maybe interesting is that even if you hit a 25% tariff on that stuff, most processors are still making a decent margin on u.s. produce. and wanting tog squeeze some of those foreign prices out of the market, tariffs like this wouldn't be a bad idea. richard: that might be them nice side product, but the big picture will still be the food cost in china and the fact you can't simply -- reveal has already added a ton of acreage to keep up with chinese demand in recent years and you can't really conjure it up overnight. u.s. soybeans being pushed away from china, they will go where brazil's are. convi

chinese president president paying says he doesn't want to remain in office in definitely his comments come after the ruling communist party removed the presidential term limits from the country's constitution giving me the chance to stay in power the president said the new measures had been misinterpreted and that changes were necessary to align government and the party posts well meanwhile china's. community has welcomed that the situation by a social media giant to revoke a bad on gay content sino weibo that's china's equivalent of twitter received the public backlash when it blocked videos and comics related to homosexuality activists so welcomed the reversal but many say the fight for equal rights is far from over adrian brown reports. shit from last october president xi jinping set out his long term vision for china that included total control of the internet ridding it of content deemed inappropriate. on friday the country's equivalent of twitter began deleting posts relating to pornography violence in gay culture but on monday following a furious online reaction the company reversed its decision. if it was remarkab

communist party's national congress. clearly you're a supporter of is you think it's definitely not a problem but surely chinese politicians must be wondering what comes next he's not a young man. we don't know basically what happens the ten years from now or fifty years from us or whatever is that basically this. is what we know what we know is that the stability and continuity of the chinese development rapid development of six point two five percent that's for almost a for sure for next year for the next five years or ten years that's the predictability that's us the ability of chinese people coming ok. well i want to say that it's president xi jinping has actually indicated quite publicly and repeatedly that he does have ambitions and he does feel he is a global leader and he does feel that china should be a global leader and it's reflected in the party work report it's reflected in the next five years plan so she jinping thought we absolutely need a ship of the party and with the role of the party domestically and the role of china internationally is in capsulated in official policy given everyone agrees that china ha

communists is officially atheist. chinese officials and the same goes for other communistic dictatorship, religion is a threat because it offers a source of allegiance outside the party. they are very keen to stamp out religion wherever it flourishes free from government control. if you follow the news lately they can follow the state appointment bishops but not the other one spread one good none on lately the government have stepped up in suppression of their practice of islam with far-reaching measures including prohibition, fasting during ramadan and even on giving children certain muslim names. it's mostly found in western china and the government perpetrates these violations claiming separatist agitation. although islam is extremism is a real threat around the world , the chinese government does not merit the benefit of the doubt when it comes to religious freedom, in particular more human rights in general. as far as we can tell, the majority of muslims are people and their treatment is unjust. >> i raise the issue in china because it points to a broader phenomenon of secular governmen government, those who are oppressed thing religion in the name of security.

within cuba to move more towards a a chinese or vietnam means model a more capitalistic style economy if you like but that is something that the cuban communist party india's canal at least for now is seeming to indicate that he doesn't agree with rather that they want to make this state sector more efficient they're keeping the details very close to their chest and in fact his cabinet has not been named yet and will not be named until july until the the national assembly meets again so they're still clearly reorganizing things and then that is why cubans are keeping are not that excited about this because they really don't know what comes next all right lucy in human alice in america at its allies in havana thank you all right now we can see the philip brenner he's in washington d.c. he's a professor of international relations at the american university. this. is canal seems to be a man who's excelled really keeping himself rather uncontroversial being rather old mary can we expect anything different from him. well i think we have to expect something different because cuba needs some changes he has already indicated along with raul castro that the

tend to underestimate an impact because the communist party above all it seems to me here subversion, infiltration and what is called peaceful evolution. so chinese leaders always point to many, many different texan speeches to so-called hostile western forces that are trying to pull it up with the country, change the policy and this is also why there's so many huge funds come huge funds, such huge resources controlling the way the chinese can think and express themselves. it's a lack of trust in the stability of the system and from that point of view, the very existence of a liberal democracy on taiwan must be seen in china as a challenge to the legitimacy of this regime. the existence of taiwan as a political, ideological threat perception element to it. the second dimension, geostrategic geographically determined receptionist related to the idea of containment that is quite often been brought forward as an idea in asia. if you read the text by chinese flavorless, you will constantly be finding what the admiral has already elaborated a little bit on that china is almost 10 encircled by the u.s./and allies on the first island chain. one has to c

communist party's national congress. clearly you're a supporter of is you think it's definitely a lot of problems but surely chinese politicians must be wondering what comes next he's not a young man. we don't know basically what happens the ten years from now or fifty years from us or whatever is that basically this. is what we know what we know is that the stability and continuity of the chinese development rapid development of six point two five percent that's for almost a for sure for next year for the next five years or ten years that's the predictability that's us the ability of chinese people coming ok. well i want to say that it's president xi jinping has actually indicated quite publicly and repeatedly that he does have ambitions and he does feel he is a global leader and he does feel that china should be a global leader and it's reflected in the party work report it's reflected in the next five years plan so she jinping thought with absolute leadership of the party and with the role of the party domestically and the role of china internationally is in capsulated in official policy given everyone agrees that china has

mouthpieces of the communist party calling on japan, south korea and the united states to immediately lift all of their unilateral sanctions. i don't think that will happen anytime soon, but the chineseouthpiece is saying that. japan, senior official in the government there is maybe more pessimistic about the whole process. they have seen firsthand promises made and not kept from the north koreans, saying we have given money in exchange for pledges from the north korea's and all they did was keep their money. there is some skepticism as evidenced by the most recent tweets from donald trump seeing in the news business, time will tell, but donald trump tweeting time will tell. it is pretty appropriate here. got to keep some of your chips, your cards against your chest, right, so thank you to our chief north asia correspondent stephen engle. now let's move on to our washington secretary. stephen mnuchin is talking about a trip to china to discuss a trip that could derail the global economic upswing. he is optimistic of reaching agreement with beijing. ros krasny is following it all from washington. what else do we know about steve mnuchin's trip to china? much sodon't know very far. he

chinese military, for example, or some other potential adversary. in china there is no separation between public and private is being terse because the communist party sits atop the entire government of china and is basically infiltrated within -- embedded, i should say, within all of these chinese companies. so they have an all-of-government strategy focused at beating the united states economically and militarily. i believe that the opponents of the reforms that i've just talked about are trying to perpetuate the status quo as long as possible, not to protect our national security interests but just the opposite, so they can bolster their bottom line regardless of its potential negative effects on the rest of our country and on our national security. we simply cannot afford to wait while china whittles away at our technological advantages. the time to act is now. our national security demands that cfius and export controls be made to be interlocking and mutually reinforcing, rather than simply relying on export controls to address these national security risks would be foolhardy. if we want our country to object retain its technological advantage