dr. friedberg, and when to begin with you. dr. bader referenced this issue and one of his previous responses to the governor romney stated this threat in the course of the campaign he intends to label china as a manipulator on day one of the presidency but marco rubio most recently agree with the governor about china initiating a trade war that could ultimately hurt american business. does governor romney share those fears about the trade war? >> you have to stand back a little bit from this and see it in a wider context. the president said the other night u.s. exports to china have increased and that's true that imports have increased as much if not more. we continue to run very large trade deficits with china. lester and the deficit was five times as much as the deficit with japan. this isn't entirely the result the free play of market force. china continues to pursue a range of policies, practices that unfairly advantage chinese firms and economic entities of the expense of others including those in the united states by depress

dr. friedberg, 30 seconds. >> you get the next question. and it deals with foreign direct investment.fbi and the united states as to have potential for creating and expanding american jobs. what role would he see for chinese direct foreign investment, especially in the energy and technology tours. this governor romney think to oversee archer restrictive, not restrict if enough are just right? >> first, i think governor romney holds the view that the united states should welcome foreign direct investment, including from china, especially in sectors that create jobs in the united states. we certainly should be open to investment. receipt to invest around the world and we welcome investment in the united states. but we do need to recognize that some sectors and some investors are different than others and we have procedures in place and have had for some time, for reviewing proposed foreign investments that could pose threats to national security, foreign investment in the united states and governor romney supports the cps process. china, it should be noted poses some special challenges

dr. friedberg. >> i believe this problem basked in intellectual property is not a new one. we felt that before with other developing countries. china is a quarter of different magnitude than any we've faced in the past. the size and scale of china's efforts to extract technology, to steal technology to put it bluntly, the opportunities they have to do in part because of the desire of advanced industrial countries, firms wishing to invest in china and have msn mentioned earlier, sometimes hand over intellectual property and have the right to do that.