in terms of governance, hong kong tibet,, we are a threat. we do not have shared values.ve a shared planet, and we have to work with the chinese to save the planet. they are now the biggest emitter, if not us. they are second. they are part of the solution in all of this. i have been to china the most since tiananmen square the biggest critic. we still have to work together in certain areas, and we have to find those. i don't think we find them by rewarding them. i think we find them by mutual discussion. francine: is that bringing them closer? establishing a relationship with the u.s., so may be a becomes a better working relationship economically? rep. pelosi: our trade deficit with china is an immorality. when you saw the big fuss that was being made about japan a long time ago it -- when i first started criticizing china about the 3 year as i said, the trade deficit was $5 billion a year. people told me "you cannot make a fuss about that because the trade will lead to this, that, and the other thing." now the trade deficit with china is not $5 billion a year, it is $5

in terms of governance, hong kong, tibet, the threat to taiwan and the rest, so we don't have sharedalues. but we have a shared planet, and we have to work with the chinese to save the planet. they are now, i think, the biggest emitter. if not us, they are second. they are part of the solution in all of this. i have been to china as much as i have -- since tiananmen square, 34 years, have been a strong critic of china in so many respects. security, economics and governance. still, we have to work together on certain areas and we have to find those. i don't think we find them by rewarding them. i think we find them by a mutual discussion about how we can go forward. francine: is that bringing them closer? rep. pelosi: that is up to them. francine: closer in a relationship with the u.s. so it becomes a better working relationship? also economically. rep. pelosi: our deficit with china is immorality. when you see the fuss made about japan, it was 2 to 1, 3 to 1 sometimes of their imports into our country versus exports to theirs. with china, it is more than double that and when i first

violations is not true, this is not true neither in the sinezyano-yugur autonomous region, nor in hong kong, not in tibethe legs grow from the madeleine albright foundation, which is trying to promote a kind of digital authoritarianism, which exists in china, this rating does not exist, china has a fairly balanced system, which means attitudes towards internet information, which cannot be said in united states, where they block the entire accounts of an entire president, the current one, for example, twitter, and so on, and try to shift it from a sick person to a healthy one, that is, in this case it is absolutely true and we understand that, for example, this term relates to those with... which occurred in russia, the explosion of northern flows , no one in the united states really discussed this story, in china these issues were discussed, and the united states itself, they are falling inside trying to blame oneself, and china, and so on, but again, all of this stems from domestic politics, an absolutely general bipartisan consensus and the consensus of society that the united states, america, american

frank discussions on tibet, hong kong, disputes in the south china sea, the drug situation with fentanylssue in the u.s.. again, the middle east, the u.s. pressed china to take a more constructive approach in the middle east and wants clarity on beijing's support. not military but supportive moscow 20 months into the war in ukraine. there are pressing issues the world's two biggest economies' chiefs need to talk about. vonnie: you can get around up of the stories you need to know to get you going. go to dayb on your terminals. it's also available on mobile in the bloomberg anywhere app and customize your settings so you only get news on the industries and assets you care about. this is bloomberg. ♪ ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. the chase ink business premier card is made for sam who makes, everyday products, designed smarter. genius! like 2.5% cash back on purchases of $5,000 or more, so sam can make smart ideas, a brilliant reality! chase for business. make

hong kong while promising one country two systems. taking down the culture, the language, the religion, to tibet, the threat to taiwan, the threat to democracythe threat to freedom of speech. francine: what do you think happens with taiwan? nancy: we recognize china. our visit did nothing to alter that. we have laws that govern our relationship with china and our relationship with taiwan, which are very specific, and we are committed to helping taiwan defend itself should they be attacked. we don't want any change in status unless it would be done peacefully, but no aggression from either side. francine: we are seeing a downturn in terms of the economy in china which could impact the rest of the world. do think president xi is losing control of it? nancy: we and other countries decided to ride this tiger, and we poured money -- we just bought everything they had to sell, we increased it. and then when their economy is in trouble, we were, like, oh, it has an impact on us, surprise surprise, surprise surprise but it is not -- we don't want any country to suffer because people suffer economically. i understand this, it is a centralized economy

us hold hearings, introduced legislation, improved policies to protect the people of hong kong, the people of tibet, the uighur people to stand up to the chinese government's transnational repression. there's a lot more i could say about matt's work on legislation. what stands out to me, though, and to everyone who knows matt is just how wonderful he is is work with. as one of my senior staff said about starting in our office, matt was the person i looked up to, the person i wanted to emulate. he is fun, he is unflappable, he is morally clear, and he is legislatively masterful. and he is generous with his time. helped folks new to our team learn their way around and helped them learn complex museum rights issues in far corners of the world. we will miss having him as part of our team. i quoted emerson at the start of these remarks. later in the same piece, emerson wrote, to leave the world a bit better, whether by a healthy child, garden patch or a redeemed social condition, to know that even one life has breathed easier because you have lived, that is to have succeeded. countless people around the