today, you've got vice president in east asia, you have the national security adviser in south asia, and you have the secretary of defense in the middle east. it doesn't get much more intense than that. host: the new york times writing about one of those foreign visitors, national security adviser h.r. mcmaster. "after u.s. talks with afghanistan hit a harder line on pakistan the talks between the united states and afghanistan wrapped up on sunday as the trunk administration reviewed its options in the 15 year american presence in the face of

with your specialty in east asia, iam interested stake.ave tremendous amount of concern over their actions. the development of ballistic missiles and nuclear capabilities and has continued to call on china to do more to bring north korea in, to punish them for their actions. this will certainly bea their actions. this will certainly be a topic of conversation between president trump and president xi. to hold north korea accountable for its actions and hopefully get it back to the negotiating table. what more realistically could china do, do you think? there is a tremendous amount china could do but it is what china is willing to do. it tremendous amount of north korea‘s economy goes through china, roughly 90% of north korean trade goes through china, and therefore they have great degree of influence over what happens. however, in the past china has demonstrated a lack of willingness to fully implement security council sanctions. the most recent un security council sanction limited the amount of call that could be imported from north korea,

with the interconnection between what is going on in east asia and in the middle east and southwest asia, one of the other things i also think is being isplained about at this time the unites states is essentially responsible for the sea lanes. i'm wondering if you could say something about that, the importance of oil politics. i'm sure we will talk about it again tomorrow with the middle east. if there is any immolation to japan at how americans are perceiving that. >> that question is one of the issues that comes up early in this question about how far reagan administration officials want to push japan to be responsible for its own defense. that japanhis idea is going to be responsible for much more of that defense and they have been responsible for in the past. the japanese government, especially prime and mr. , it is said they are open to that idea, but they don't quite play out the way the administration has been hoping. in this to mastic fear of automobiles, which comes out of fear of oil politics. one reason they are selling so well is because they have better gas mileage. at leas

visit will include a stop at largest months income south east asia. >>> well, philadelphia fire fighters make an unusual discovery battling a blaze in tacony this called animal control and they found an alligator. foot long reptile was found in the house on toll up street and unruh avenue. it is illegal to own an alligator in the sit. at first owner was reluctant to give up the pet but eventually surrendered the animal to authorities. >>> new security went in place in the nation's capitol that will impact you if you plan on visiting. >> well have details, coming up, plus this. >>> caution you are about to enter the in spin zone. >> "fox news" moves on without popular hoe bill o'reilly, see how the network addressed his dismissal on last night's show >>> dramatic end to a police chase in california, see frantic efforts to help an necessary event father and son caught in that crash. >>> ♪ >> thousands of people are expected to gather on san francisco's hill today to celebrate guess what? >> marijuana. >> yes, could it be. >> we will tell you how city is planning to keep them safe. so now i

mentioned, it was my privilege to announce that president trump will account the leader summit in east asia and the summit in vietnam and philippines this november. i trust that my visit here today , on my very first trip to the asia-pacific as vice president of the united states, and the s to travel toan the region this fall are a strong sign of the enduring commitment to this historic lightman -- historic alliance between the peoples of the united states and australia. as i told the prime minister today, australia is and always will be one of america's closest allies and truest friends. we are partners in security, and we are partners in prosperity. together, we are bound our historic alliance. under president trump, i can assure you that the united states is committed to strengthening our bond for the benefit of all of our people and for the benefit of the world. the relationship between our nations stretches back for generations. onward --oral see coral sea onward, our french it has been forged in the -- our forged in has been the fire of sacrifice. i join you in honoring those fallen u

it reshaped east asia. it reshaped southeast asia. and it has an influence today. i read some account of the founders of al qaeda strategy. they all know their mao. it is mao that you read. it is an influence that has continued for a very long time. i want to finish with the point that i think people have already referred to. while writing the book i am writing now, i was very interested in clausewitz. i thought i never would leave. i just had him on my desk and was kind of like "boy, that is clever. that is good." we can all think of examples where clausewitz needs updating, as they say. of course in naval warfare, economic warfare. triangular warfare, as someone else has said. but i think one area -- and all of the talks we had today and yesterday illustrate that -- when clausewitz was writing, ending war was not that hard. but in the age of total warfare, it became absolutely critical to conducting war successfully. wasich was saying, this done so well in japan, and much less well in many other areas of the world. so if clausewitz needs updating -- i am not sure

what we understand if this is often located in east asia. the local callers who blanket consumers, that is another problem because when you have are these call centers often overseas that use cheap internet technology and consent of literally millions of phone calls to consumers in hopes of scam in just a few. but it makes moneys for the scammers. host: millions of phone calls when it comes to the irs impersonation scam, how much money are we talking about has been scanned off of regular people in the past couple of years? guest: the irs impersonation scam is one that has grown. it is the number two most complained that the federal trade commission heard about in 2016. in terms of the money lost, it is hard to say because people do not always report their losses. fraud losses overall, about three quarters of a billion dollars reported to the ftc last year just from fraud. fraud is an underreported crime. that is just the tip of the iceberg. in reality, i believe the fraud losses run into the billions of dollars. host: we're talking with john

trump administration continues facing foreign policy challenges spanning the middle east through east asia. now on that list - iran, as the white house reviews the obama-era nuclear weapons agreement. they're also trying to clean up confusion over an aircraft carrier said to be headed to north korea. abc's janai norman has more from northwest. nation making changes this morning. syrian president bashar al-assad has moved most of his military airplanes to a different air base. that's after u-s airstrikes targeted the shayrat air base earlier this month. the strikes were a response to a chemical attack in syria- suspected to be launched from that base. the planes were reportedly moved next to a russian base near latakia, syria. developing now- an armored truck driver robbed in broad daylight. now police are looking for the theieves, who got away with less than they hoped for. it happened in northwest wednesday, near 5th street and kennedy. witnesses describe it like a scene out of a movie. two men armed with a-k 47's.. ambush a driver and snatch the money bag out of his hands. but-- police s

today, you've got vice president in east asia, you have the national security adviser in south asia, and you have the secretary of defense in the middle east. it doesn't get much more intense than that. host: the new york times writing about one of those foreign visitors, national security adviser h.r. mcmaster. "after u.s. talks with afghanistan hit a harder line on pakistan the talks between the united states and afghanistan wrapped up on sunday as the trunk administration reviewed its options in the 15 year american presence in the face of a resurgent taliban and. lieutenant general h.r. mcmaster met with afghan leaders ghaniding president ashraf the bombthe days after was dropped in afghanistan. thein afghanistan, strengthening of the taliban in interview with the afghan television channel, general mcmaster said what is necessary at this point is to consolidate gains and to deal with what is a big security problem now. obviously picking up from the issues that the obama administration had with the taliban." do you think, as they reassess policy in afghanistan, what do you think is

it's the time it takes to get oil from the middle east to east asia and to the u.s..x: that really ties into your call where you saw the potential in the back half of the year for brent to hit in the 60's. if we do not get a deal, you have a much more bearish case. ed: we do indeed the cousin we will have the compounding of the physical markets getting much, much looser in the third and fourth quarter. and we will have the financial markets getting more bearish for having the price down. alix: what's that price? ed: that price could be $45 without an agreement. alix: we were just like there a few weeks ago. ed: we didn't get quite there . yeah, it would have an impact around the world. they would even have an impact on this current boom that we are seeing in the u.s. where at a minimum we are seeing a hundred thousand barrels a day of production growth from the beginning to the end of 2017 and potentially even more in 2018. that would slow down the momentum considerably on the u.s. side. alix: we do not wind up seeing that fall off. if shale has proven anything, they

joining me now is republican senator cory gardner, chairman of the subcommittee on east asia and cyberty policy. senator, i want to ask you about north korea, but nafta, this is happening at the white house in the last hour or so, and now we hear from prime minister trudeau in dan, his description of the phone call with the president that he told president trump, ripping up nafta would cause a lot of pain and they agreed on renegotiating, how will that go with the base after the promises to tear up nafta on day one? >> if you're loorg at colorado perspective of which i have nafta has been positive for our state. a farmer, you've benefited greatly from that trade agreement. high-tech manufacturer up and down the front range of colorado you've benefitted from the trade agreement. it's created thousands of jobs, trade with canada and mexico and colorado has increased nearly 400% over the past decade plus and so it has been a positive for colorado. now, maybe it hasn't worked everywhere across the country and that's why i think it's appropriate to talk to mexico and canada how to make it w

what we understand is this is often located in east asia. the robo call or see is talking about a blanket consumers is another huge problem. what happens is you have these call centers often overseas that using cheap internet technology consent literally millions of phone calls to consumers in hopes of scamming just a few. but it makes money for the scammers. >> host: when it comes to the irs impersonation scam, how much money are we talking about have been scammed off regular people in the past couple of years? >> guest: the irs impersonation scam is one that is grown. it's the number two most biggest complaint the federal trade commission heard about in 2016. intrinsic amount of money lost it's hard to say because people don't always report their losses. we do know for fraud losses overall around three-quarters of $1 billion in losses reported to the ftc last year just from fraud. as we also know with fraud it's historically underreported crime and we think that's just the tip of the iceberg. in reality i think the fraud losses from impers

that helped today's session in east asia. i will see you soon.hand over their local parks to a charitable trust. the city council says the idea is being proposed because of budget cuts. it's believed to be the first local authority in england and wales to make such plans. 0ur correspondent fiona trott reports. they are the places we treasure, quiet corners of the very town or city at the heart of our community. some of them for over a century. but they need to be maintained and here in newcastle the council is running out of money. they say the park budget has been cut by 90% over the past seven years. the solution? it could be this, a parks charity like the one here in milton keynes, which looks after some 5000 acres of greenery. they say it works because they are not competing for money against other services. here in newcastle, it would mean 33 green spaces would be handed over to a charitable trust, along with some 50 allotments. it would be responsible for the day to day management, and attracting new investment. people have already expresse

the east asia session asean apac aipac. these were important for promoting collective action facilitating cooperation in the peaceful resolution of differences and the advance of political and security architecture in which the united states is a vital and permanent place. fourth we vigorously promoted trade and investment opportunities designed to unlock shared prosperity and of course the transpacific partnership agreement which would have brought 12 aipac countries and 40% of the world's gdp together too tight labor, environment and electrical standards. if to say the biggest disappointment that i have had on substantive policy issues over the last months was the decision of the new administration to withdraw from tpp. it's not only an economic mistake, it's a strategic one. if it strengthens and not weakens our competitors. without u.s. leadership trade and investment others will fill the gap and break the rules. rules that will be far less effective in leveling the playing field for our businesses, protecting workers,

we are going to put more military hardware on, in east asia, that might get the chinese attention a littlet the chinese know that it is at the end of the day really a bluff. they do know that the united states does not have any levers against the north koreans. they are the only ones who do, they've always maintained that north korea is not a problem that can be solved like that. it takes a long, slow process. it is the chinese way, it is in their neighborhood. they have much more to lose ifi. i think president trump has to show a little respect on that. >> meanwhile jared kushner has just landed in baghdad. he was invited by the chairin' ma of the joint chiefs to accompany him and says that his goal there is to express the president's support and commitment for the government of iraq. my question is what role is jared kushner playing in iraq, playing with these china discussions, and how is it different than the secretary of state? >> alisit's a great question. he seems on it the de facto secretary of state, relationships with the chinese ambassador w the turks, with the saudis, now the i

actually utilizing north korea in my estimation as a buffer because they have their interest in east asiaalso. and so just as they're concerned in south korea as well as in japan, when the president says america first, that means without our allies? does it mean with our allies? does it mean that if the allies say don't strike or do strike will we listen? what does that mean? chi china then has its interest in the region. it is as indicated a complicated scenario that is going to need a strategy and what we're not hearing from this president is what that strategy is. that's why -- >> he does seem to be warming up to the chinese. no longer ready to declare them a currency manipulator on day one as he said said during the campaign. he's hoping that china, which you correctly point out, does have leverage, does have influence on pyongyang. they use that to calm things down. what's wrong with that strategy? >> china does have leverage. there's no question china does have leverage on north korea. but china's going to want something also and they're going to want more than just not being called

we see the best that happened the last six years, the middle east, asia in turmoil, active russia, you don't have this leader around the world, we can bury our heads in the sand and if we think our lives will go on in the us while the world burns, i have a bridge in kansas for you. dagen: thanks. neil cavuto on business 20 minutes ago, charles payne is in for neil. what have you got? >> as american scrambled to meet the tax deadline, a new study may bring new light to the gop tax plans. russia blocking a resolution condemning syria for using chemical weapons was what are we getting for all that you and funding? we will be baited at the bottom of the hour. dagen: we can't wait. as millions of travelers hit the airport this holiday lawmakers demanding a new law to prevent this from happening ever again. finally. hey ron! they're finally taking down that schwab billboard. oh, not so fast, carl. ♪ oh no. schwab, again? index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the

trump administration continues to face foreign policy challenges spanning from the middle east to east asia and now add to that list iran as the white house reviews the obama era nuclear weapons agreement. they are trying to clear up confusion over a aircraft carrier said to be headed to north korea. >> it has been a busy few weeks for the trump administration when it comes to foreign policy from the u.s. strike in syria to the bombing in afghanistan, escalating tensions with north korea and now iran. >> tillerson announced the u.s. is reviewing the nuclear dear. iran is holding up its end of the agreement. >> the trump administration also now trying to clarify possibly misleading statements about the location of the nuclear capable aircraft carrier said to be headed to the korean peninsula. instead the "uss karl vincent" was 3,000 nautical miles away headed in the opposite direction headed in the opposite direction for a military exercise off a australian coast. >> meanwhile, u.n. ambassador nikki haley says the u.s. is not trying to pick a fight with north korea, the ball is in their cour

our east asia director from amnesty international joins me now.te of executions around the world is at its lowest level recorded in any year since 1991 but the situation in china appears not to have improved. can you tell us a bit about your findings? absolutely. the main finding of the report really is that china is a com plete report really is that china is a complete outlier in the international community in respect to the death penalty. china secretly sentences to death and executes thousands of people every year. it also engages in elaborate efforts to mislead public opinion to hide the horrifying scale of these executions. just last month, the government stated that over the past decade, it had only executed an extremely small number of people. we we re extremely small number of people. we were able, through this investigation, using government's onlyjudicial records, to show that there were several 100 cases that we re there were several 100 cases that were in the national database verdict which is far from being an extremely small number.

ambassador to south korea and former assistant secretary of state for east asia. he's in seoul, south korea right now. john pomfret is the former beijing bureau chief for "the washington post." max baucus is a former u.s. senator and former ambassador to china. and kelly magsamen is a former senior pentagon official in charge of asia in the obama administration. let me start with ambassador hill over there. what are the options? let's start with the options of our president, president trump. what can he do to shake kim jong-un off the course of going to an active nuclear power for lack of a better phrase? >> well, as everyone says, the options are pretty bad. the issue is not to choose even worse options. so i think what we need to do is to continue to work with the chinese. that sounds like, you know, an example of hope over experience. but clearly china has more leverage than anyone else. they're doing some things, as the president suggested. the question is whether the things they're doing in terms of the sanctions, whether that train is going to move along as

>> well, he is -- mike pence is really doing a superb job on this east asia tour.e is representing this administration flawlessly. he has a good speech writer, the phrases are coming powerfully and the fact that the vice president is there and lingering there addressing our sailors, visiting south korea, japan it is sending a strong signal that we're present. you know, this is a media-driven world and mike pence looks strong and presidential standing up. he is fit standing up there in his bomber jacket with the patches on it and it is a great image for america and anybody thinks it's a lightweight comment i'll tell you in the world today image matters and mike pence is doing us proud. >> bill: just think about the media attention he is getting in asia on this trip, and in china. >> indeed. pence is one of those people by standing there projects strength. he has a very special kind of almost reticent charisma and also level headed. with him and trump it is an interesting tag team where trump is the flamboyant one that goes on the attack and pence is the steady hand

. >> we could stumble needlessly into what would be the biggest crisis in east asia since the united states intervened in the korean war. in 1950. >> now to avoid that president trump is working with china on this and he's spoken to china's president twice in the last few weeks. the full senate is going to be briefed on the issue of north korea tomorrow at the white house. >>> well, it appears ivanka trump's first international trip got off to a bad start in berlin, germany. some booed her for praising her father. german chancellor angela merkel invited trim and other female leaders to a conference aimed to find ways to give women more economic power. the panel discussion the w-20 summit. a female focused effort with a group of 20 countries. . the mayors and police chiefs from various sanctuary cities are here in d.c. right now meeting with attorney general jeff sessions at the justice department. >>> today, they talked about immigration enforcement. the meeting comes less than a month after the group met with the department of homeland security to discuss similar concerns like this.

it covers the story which has been dominating events in east asia in recent weeks and months — northhat the latest missile test was an ‘act of defiance' by pyongyang — even though the medium range missile exploded just moments after taking off. the same story leads on the front page of the japan times. but it takes a slightly different line. it sees the north korean missile launch as a ‘test‘ for the us president donald trump. and it notes that mr trump was, in its words, ‘uncharacteristically silent‘ on the events. and in singapore, the straits times also looks at the same lead story. it looks at the way it says the us and its allies are considering a united international response. it notes that the us and china have been discussing the north korean missile launch at a senior diplomatic level. now what stories are sparking discussions online? yes — it's once again a story about donald trump — although not the president himself. instead, it's these pictures from mexico of mr trump being cast asjudas during easter celebrations. it didn't end well for the satirical creation — it was pa

with each successful detonation and missile test, north korea pushes east asia and the world closer tobility and the world closer to instability and broader conflict. the threat of and broader conflict. the threat of a north korean nuclear attack on seoul or tokyo is real. it's likely only a matter of time before north korea develops the capability to strike the us mainland. indeed the dprk has repeatedly claimed it plans to conduct such a strike. given that rhetoric, the united states cannot either leave standby, nor can other members of this council who are within striking distance from north korea mitchells —— missiles —— idly. despite un pressure on north korea has been able to accelerate its weapons programme, and shortly after mr tillerson spoke it fired another missile, although that test seems to have failed. still, it was an act of defiance, like this massive live fire exercises last week. only tighter sanctions and greater diplomatic isolation might force north korea to give up its weapons, said the secretary of state, and its powerful chinese neighbour was the key to make th

with each successive detonation and missile test, north korea pushes north—east asia and the world closerbroader conflict. the threat of a north korean nuclear attack on seoul or tokyo is real, and it is likely only a matter of time before north korea develops the capability to strike the us mainland. despite un pressure, north korea's been able to accelerate its weapons programme, and shortly after mr tillerson spoke, it fired another missile, although that test seems to have failed. the trump administration is keeping open the threat of military action in case of further provocations. the latest missile test probably won't be enough of a trigger for that, but it may help strengthen international resolve to put the economic squeeze on north korea's determined young leader. barbara plett—usher, bbc news, at the united nations in new york. theresa may will campaign in scotland today for the first time since calling the general election. the conservatives currently hold one scottish seat at westminster, but opinion polls suggest support for the party in scotland is growing. meanwhile jeremy

it covers the story which has been dominating events in east asia in recent weeks and months, north korea'ssile test was an act of defiance by pyongyang, even though the medium—range missile exploded just moments after taking off. the same story leads on the front page of the japan times, but it takes a slightly different line. it sees the north korean missile launch as a test for the us president, donald trump. and it notes that mr trump was, in its words, uncharacteristically silent on the events. and in singapore, the straits times also looks at the same lead story. it looks at the way it says the us and its allies are considering a united international response. it notes that the us and china have been discussing the north korean missile launch at a senior diplomatic level. let's return to the referendum result in turkey. from washington, we are joined by stephen flanagan, a senior political scientist from the think tank the rand corporation. he is in washington. given the fact that erdogan had much bigger resources than the no campaign, his message was ubiquitous, are you surprised by

in east asia. that was it. thoseder that somebody of that so many of those officers said we will have to plan out this. amazing,es are truly they are a harbinger of what is to come. there are 4ll that million men conscripted into the army within the next 15 months. over 2 million of them are shipped to europe. to the largeaking parts. the ports are ready for this because of new york, philadelphia, a transatlantic trade and immigration pattern. blocks, allof the of the equipment. you had a very substantial merchant navy. not as much as the american navy. but the huge resources of the american navy. the finance the could be brought in and could be turned to troop these poor new york there was something like wouldn't it be fun if we are two days out and we are and we have an influenza outbreak. many of them arrived at by the time they arrived. they look reasonably well-equipped. these new york boys are not they do not have heavy artillery, they do not have machine guns. they do not even have tanks and they don't h

. >> we could stumble needlessly into what would be the biggest crisis in east asia since the united states intervened in the korean war in 1950. >> reporter: to avoid that, president trump is working closely with china. he's already spoken with china's president twice in the past two weeks. >>> first daughter and white house adviser, ivanka trump continues her visit to germany. she's taking part in an international woman's summit. but it wasn't all smilend handshakes. ivanka actually got booed by the audience when she described her father as quote a tremendous champion of supporting families. mark phillips is in berlin. >> reporter: this is no ordinary visit by an ordinary white house official. this is three visits in one by ivanka trump the first daughter, the presidential adviser and the businesswoman. it's complicated, like the state of u.s./german relations right now. on the face of it, ivanka trump has come to berlin for a high-powered conference on promoting the role of working women. it's one of her pet issues. but she's also here because angela merkel knows an opportunity wh

it would be destabilizing east asia, but they have not done what they alone have the capability of doing, that is stopping north korea from preceding with nuclear weapons, we're down to very, very few options here, when it comes to protects united states. lou: what will xi do with that warning? >> if he is sensible he will talk to trump about what we can do together. i think only long-term solution is ending north korea if you want to end the nuclear threat, merge the two koreas and reunite the peninsula. it has cooperate -- corroborated for 20 plus yea with iran. lou: it has a demonstrative record of being a an atroash a-- atrocious threat to the region, and reterically to the world. what do you do to rid the world of the dispottic jim jianjim -- kim kim jong-un. lou: >> china better step up and acknowledge that only eliminating regime can really solve the problem, we can work with china on that. our interests are not so far apart as people think. but if china will not acknowledge the reality, options are few, military option, that is preemptive strikes arin something to consider. i don

hit the market in the first quarter, this is the time it takes to get oil from the middle east to east asia the u.s. >> a call yesterday, the potential on the back half of the are for brett to hit in the 60's, if we do not get a deal, you have a much more bearish case. >> we do because we will have the compounding of the physical markets getting much looser in the third quarter and fourth quarter. we will have the financial markets getting more bearish, driving the price down. >> what is the price? >> exhibit $45 without an agreement. >> we were just there a few weeks ago. >> we did not quite get there. it was have an impact around the world, even an impact on this current boom we are seeing in the u.s. where at a minimum, 800,000 barrels per day of production growth from the beginning to the end of 2017. potentially more in 2018 which was slow down the momentum considerably on the u.s. production side. >> we did not see that fall off. if shale has proven anything, they can still sustain 26 or 30, not for a long time, but they can't survive in an a lot better place than two years ago. why d

south korea, and all of east asia.re are using the biggest headwinds, the biggest challenges? >> again, china, china. 24.5 million units last year. 's presence is low, so with good products, brand, and quality, we have growth opportunity. tom: thank you very much. thechairman talking about opportunities here are they started late in the market and have great ambitions around electric vehicles. saying as well interesting to the chinese consumer is driving technological changes around connectivity that we are seeing in cars that may then be replicated in some brands and rollout in europe and north america as well. for that.hanks a lot tom mackenzie there at the shanghai auto show throughout the day, speaking to industry leaders and hearing from the maserati chief executive. taking a look at bmw, we will talk to the senior board member, ian robertson. do stay tuned. ♪ haidi: we are getting some lines crossing the bloomberg from the vice president of the u.s. mike pence as he continues his asia again on north korea, strong

first, to my immediate left, the senior associate with the east asia program here at stimson. she has deep expertise in chinese foreign policy, u.s./china relations generally. she brings us very valuable insights into the thinking of different constituencies within china's government and private sector, alike. incidentally speaking, she just returned on saturday from a short visit to beijing. we might hear a little bit about that later on. to her left, bill wrench is a distinguished fellow here, and the former president of the national foreign trade council. from 2001 to 2016, bill also served as a member of the u.s./china review security commission. he previously served as the undersecretary of commerce for export administration under president clinton. a fantastic tag team as i say i'm going to do my best to stay out of the way and see what i think is going to be an interesting discussion here. let's dive right into it. we'll come to the analysis and the sort of score cards in a moment. but to start, let's try to do some brief stock taking and put some facts together coming

president is getting dragged into conflict in the middle east while they are focused on east asia.eeded to have the summit, to demonstrate to america's allies in east asia that it was committed to that part of the world and to competing with thailand for influence, for a vision of regional order. the message coming out of this in part is that the u.s. always gets distracted by the middle east, understandable as that is. in terms of the summit itself, it seems to have gone relatively well. certainly the president avoided any of the language traps that the chinese government sometimes lay in terms of embracing their framework for how the region should the organized, and there seems to be some concessions. north korea, you really have to wait -- i wouldn't expect any fundamental change in the chinese position if only because they have real reasons why they and been fairly entrenched, they worry about destabilization of the regime, massive refugee i think they have no real love for the regime. it's not like the regime of his father. they will be reluctant to push them further because o

if we see high risk activities happening, like what is happening in south east asia with north korearump andth president china. the geopolitics could be a positive. i believe looking forward in terms of sentiment, and leslie have a tightening -- unless we have a tightening of rhetoric, we should be ok. yousef: it has been a pleasure having you here. still to come, we have clashing over europe in the latest french presidential election. this is bloomberg. ♪ ♪ yousef: you are watching bloomberg. i'm in dubai. shery: and i'm in hong kong. you're looking at markets in asia, the mix. what are you watching as you wait for the emirates to open? yousef: we discussed earlier some of the technical indicators, so watch out for moving averages in the rsi. in terms of specific companies, the property firm in saudi arabia, they have gone ahead sorry, a billion -- five years, price probably the low to mid 7% area. also watching what is happening on the water down index -- broader dow index. ino, shift of expectation demand, and we have seen stock move dramatically and short sellers betting against

a crisis had broken out in east asia in 1997. and many east asian economies, thailand and indonesia, singapore, south korea, they had developed rapidly throughout the 1980's and 1990's and they were hot on the heels of japan and germany's postwar industrial takeoff. same model, export led growth, fueled by exports and manufacturers. except now with this system over, there is virtually no control over global capital movement. in 1997, and 1998, for various reasons global finance capital became suspicious of the east asian economies and they fled. on a computer screen, virtually overnight. that is panic in the global financial markets and the financial system seizes up. and it u.s. financial markets in 1997 and 1998 were also rattled. i think this is a big pivot and there are two things that happened. as a consequence of the east asian financial crisis, which would have enormous consequence, first was china was paying attention. communist china during the 1990's, they were in the midst of their own manufacturing, export led industri