eunice yoon, cnbc, beijing. >> eunice joins us in beijing. a sensitive subject as you said. reports of the chinese media accusing u.s. companies of spying. i just wonder today if you were going to be on google or an internet search engine in china and you typed in tiananmen square what you'd come up with? >> a blank page. i was trying to get into my g-mail and it's totally inaccessible. it's something that already was happening because of this particular week but also now we have heard of some anger and rhetoric through the chinese media about some of these u.s. tech companies. you mentioned google as well as facebook. so the two, the combination of the two can't be welcome news for u.s. tech companies. >> how do the chinese government deal with this historical event? i mean, clearly they don't want to talk about it. it's not like the people are going to forget. >> reporter: no. the people won't forget but actually our conversation is already being blacked out. people won't even hear our conversation within the country. china has defended itself today. there was a foreign mi

eunice has more details for us from beijing. hi, eunice. nice to see you. interesting here, what's this telling us about the export sector and the domestic part of the economy? >> well, the reason why there was that difference was because of the stocking figures and the inventory. overall, people find these numbers rather encouraging. the economic -- the economy, a lot of people believe, is starting to stabilize, though it is still in a fragile state. in terms of that hsbc pmi, everybody was focused on it. it's a private number, a key gauge of the manufacturing sector. and it came in at 49.4, which is an indication that the manufacturing sector is improving although it is still contracting. much of the strength we saw in that figure was from external demand. there was a good pickup in the export orders, the new orders, all looked pretty good. but what wasn't so encouraging was domestically, people are still very concerned about the property sector. we see a lot of weakness, some falling prices. late last week so people are very concerned because the propert

having the borrowers own the bank and be in control of that bank the women borrowers own grameen you eunice was not you know the person who owned the bank he just was running it for the women who were the board members and all of that and they won the nobel peace prize along with him is if you take it away and you just have say wealthy people making loans to the poorest of the poor now there's nothing wrong with making loans to someone who's you know the next michael michael dell in their area of the world but if these are the poorest of the poor mohammad yunus basically argues for the point that we should not be making profits off the poorest of the poor and now he's focusing on social business right so if i got to grameen bank mohammad yunus is creation. it has to some degree been co-opted by outsiders by predatory bankers who somewhat undermined the original that was it was sort of nationalized when the government took it over and he's expressed some frustration yet he's expressed some frustration memories mostly done of decide to focus on what he can do which is social business he sure

eunice, thank you very much. it's nice to have you in new york, by the way. let's bring in our wealth editor robert frank for a reality check on this gentleman. a self-made man, his family was very poor. >> yeah. >> i think he lost several of his siblings to hunger when they were younger. >> but it's many a little unclear exactly what his's worth or how he made his money. his first business venture was a device that could diagnose your body for illness. he tends to built stacks of dollar bills, very good at publicity stunts. he one went to taiwan and gave away red envelopes. whether hi's truly interested in philanthropy is the big question. there are a lot of people in china who do give a lot to charity, who get no attention. this guy, a lot of the chinese media are wondering how close he is to the chinese government, and in fact there's pledges that he's given that he's not made good on, according to some press reports. so what's there, is my question, whether this is real. >> well, we will find out. thank you so much, robert frank. >>> simon, down to you. >

eunice yoon joins us from beijing. eunice? >> reporter: 25 years after the crackdown, the economy here has changed dramatically but the political system is largely the same. that's really the legacy of 1989, in the runup to that summer of that year, there were pro-democracy students who marched on the square and they were demonstrating against communist party rule. but then on june 4th, government forces came in and fired on those students and civilians and they ended up killing by some estimates anywhere between hundreds or thousands of people on that square. now, that day was such a pivotal event for china, because it really was a signal from the government that as much as it wanted to see economic reform, it would not tolerate political change. and that is really the main message that many people had seen here. so people are asking at this stage, as the country continues to deepen its reforms, will it really be able to keep the same political system? we've seen so far there's been a tightening of controls, president xi jinp

. >> reporter: for nightly business report, i'm eunice own in beijing. >> i would buy it it's good. >that is nightly business report for us tonight, we want to remind that you this is the time of year your public television station seeks your support that makes programs like business report possible. >> on behalf of your public television station, thank you for your support. we will hope to see you right back here tomorrow night. tonight... man: the beatles. cassius clay. this was the toppling of the order. malcolm x: we want freedom by any means necessary! barry goldwater: extremism in the defense of liberty is no vice! man: it was a door to our future. once we went through it, there was no going back. "1964," on american experience. nasa announcer: lift-off! the clock is running. pilot: they have mass casualties up here. ringside announcer: schmeling is down!

. >> reporter: for nightly business report, i'm eunice own in beijing. >> i would buy it it's good. >that is nightly business report for us tonight, we want to remind that you this is the time of year your public television station seeks your support that makes programs like business report possible. >> on behalf of your public television station, thank you for your support. we will hope to see you right back here tomorrow night. explore new worlds and new ideas through programs like this. made available for everyone through contributions to your pbs station from viewers like you. >>hi, my name is peter marshall and we are here to take a sentimental journey. a journey back to the '30s, '40s and '50s. you see it was called the big band era. we are at the beautiful avalon casino ballroom on the catalina island off the coast of los angeles. it was host to all the big band greats from a to z. now, the announcer might say, "from the beautiful casino ballroom overlooking avalon bay at catalina island, we bring you the music of - " just about everyone. >next, take a sentimental

land was donated by the late jack and eunice newell. >>> a controversial piece of art work that showed a disheveled bed from a love sick artist is slated to go up for auction. the work by tracey emin was nominated for a prestigious art prize. emin says she spent four days in that bed after a tumultuous heartbreak and when she finally got you will, lo and behold she saw the artistic value. >> when i sit on that bed, i actually have a shudder going past me. it's like a piece of history and i think people identify with it because i think most people have time capsules in their memories or minds. >> when goes on the auction bloke at christies, the piece is expected to fetch between $1.3 million and $2 million. >>> gosh, why didn't i think of that? flying saucers are real, at least one is according to nasa, the text mission of the not so unidentified object and how it could have an impact on the next big leak through in space? >>> the bay area in the middle of a warming trend. ktvu meteorologist mark tamayo will tell you just how much heretofore your sunday will be and when areas will see 1

eunice yoon joins us from beijing with a look at what chinese car buyers want. eunice? consumers are expected to buy 24 million cars this year. it's the world's biggest car market. and because everybody wants to be here, we decided to go shopping with a typical chinese car shopper. the man behind 9 wheel is just the person carmakers want in their dealership. sam jow. he's upgrading his car and we are going shopping with him. >> the car gave me the freedom. i do like the option of freedom the car gave to me. >> reporter: zhao goes online, unlike car buyers in the u.s. or europe, chinese people have little brand loyalty. purchasing a car requires extensive research. >> on the internet, somebody else's suggestions is based on real experience. that's the power of social network. >> reporter: car buyers here are influenced by word of mouth and most prefer big cars. as part of his three-week search, zhao is checking out the same subaru suv his friend has. >> suc, big room, can hold all my family members, my mother, father, my son and my wife, all five persons can get in one c

special olympics were founded in 1968 by eunice kennedy shriver, sister of president jfk. >> disabled people are not unable. >> reporter: shriver believed if people with intellectual disabilities were given the same opportunities as everyone else, they would accomplish far more than anyone thought possible. she was right. 46 years later, 4 million athletes now compete for gold in more than 170 countries. i had the opportunity to speak with her son timothy before the opening ceremonies. could your mom ever have imagined it getting so big and successful? >> i think she imagines when people's hearts open, the world can change. that was always her vision. that through sports, we could bring people together. and just crack them open. >> reporter: i had the incredible honor on june 15th to co-host the parade of athletes in newark, new jersey. my younger brother, daniel, was also a special olympian. he passed awayust. daniel had autism, and he never spoke, but boy, did he love being an athlete. daniel was an equestrian who won multiple medals. he made all of us who loved him so very proud. >

eunice yoon joins us with that story. >> good morning, joe.is now here, he said it's a right lane big thing for him. he would like to feed several hundred homeless americans at the restaurant behind me. who is this guy? he's probably most famous here for bidding on the "new york times." he's known as a recycling tycoon, he's one of the richest men in china. this is the way he describes himself. i'm pulling up his business card. in china, he's known as a bit of an eccentric pep loves these types of publicity stunts. he pulled out a full page ad for this event in the in, times and a half page ad in the "wall street journal." this is the most important part. in the "wall street journal," he put a photo of himself with two of his self-skribdz shedescribe. he thinks that china's wealthy have a reputation for buying up luxury goods, for passing all their money to their kids and the next generation. but he says he wants people in china to be more charitable. that brings us back to the event today. he plan toes host a lunch for 200 people, originally

watch this, every time i say that, according to eunice, they turn us off over there. we'll talk twitter. this is tiananmen square. over in china they're doing this. >> what i don't understand, between the two pictures, you see the separation in hong kong. you see nothing here. how do they deal with the juxtaposition? >> nothing to see here. nothing happened there. google it over there. nothing happened there. it's a square in -- it's classic, though. really, they're switching on and off. the guy, now he's mad over there. >> somebody compared it. >> they're gois going ng to mis of these times. >> in the teases, we'll tell you more. >> honestly. even "squawk box" on cnbc, they won't let that be seen. this is power. i feel we can add -- >> as many people died in tiananmen square as did on september 11th here in new york city. >> the guy who -- the one guy with the -- >> standing in front of the tank. >> we're off again. our ratings go -- >> they don't measure us in china. it's okay. >> they don't measure us well here. >> no. that's true. >>> twitter has reportedly been i