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far western xinjiang. a small minority promotes separatism, and it's caused the state to treat many as terrorists. as with taiwan, tibet and tiananmen, the chinese government is in no mood for dissent. east asias undergoing tremendous economic development. but some places struggle to integrate with the global economy. we continue our exploration of this region in china's fifth-largest city, shenyang. once a center of heavy industry, today its aging and outdated factories confront pressure to modernize and turn a profit in a market economy. here we explore the restructuring of state-run enterprises, the contrast between development in china's southeast and northeast regions and the human geography of a labor force facing massive layoffs with nowhere to go. ( train chugging ) steam locomotives like this one were once a common sight. today they have all but disappeared-- vanishing symbols of an earlier industrial era, an era that built the city of shenyang. once a commanding industrial center, this sprawling city, much like the steam locomotive, saw itself left behind by a modern world. shenyang is the nucleus of china's northeast region, called manchuria. abundant natural resoues have long made

overnight investors in asia also encouraged by the bond swap with nearly all of the markets in the far east also gaining ground. checking in on our numbers this morning, futures pointing to a higher opening and that follows a little bit of a mixed picture yesterday, no big swings, though. the dow jones starts today at 12,959. >>> this morning federal reserve chairman ben bernanke and his colleagues are expected to hold monetary policy steady. economists believe the fed will acknowledge that the economy is moving in the right direction even though most analysts say higher energy prices will offset a stronger employment picture. bernanke will make an announcement after the meeting at 11:15 our time this morning. >>> time now 5:21. a woman suffering from seizures gets kicked out of a san francisco hospital. >> and i said call it. go ahead, call him here. >> the controversial treatment she tried to use in the hospital and the new response from that hospital. reporter: good morning. if you're driving on interstate 880, it's going to be rainy and windy like the rest of the bay area. we'll tell yo

far. >> they blamed the weakness in asia pacific and the middle east on the chinese lunar new year.when china reports its indicators like -- tonight our time, they combined january and february to try and account and smooth some of this out. so that may have something to do with it. but it's consistent with the acceleration we saw at the end of last year. >> the old trick of turning every contingency into a resource and stimulating more force in government and then in crisis and then once a cry sis is passed a state power rece a little but it never goes back to where it was. the ratchet effect. >> the argument you don't start the programs is you never end them. >> but do you think we shouldn't have any jobless benefits? >> no, but now is an interesting time when we're creating 200,000 jobs a month, when the unemployment rate seems to be declining that we should have a debate about the appropriate way to end the things. >> all government moves left incrementally and impressively in the last four years it moves left. >> we got to go. >> you basically have to -- >> we'll do it in the s