xi jinping.hould follow president xi jinping. on the eve of the 100 year _ president xi jinping. on the eve of the 100 year anniversary - president xi jinping. on the eve of the 100 year anniversary of - president xi jinping. on the eve of the 100 year anniversary of the . the 100 year anniversary of the founding of the chinese communist party, many questions over hong kong's future loom large. critics say the introduction of a national security law a year ago is giving china complete control of this semi—autonomous city. control over its territory has long been a goal of the chinese communist party. every chinese schoolchild has been told about the 100 years of humiliation told about the 100 years of humiliatio— told about the 100 years of humiliatio . ., , ., ~ told about the 100 years of humiliatio . ., , ., ,, ., humiliation when china was weak and divided by foreign _ humiliation when china was weak and divided by foreign nations, _ humiliation when china was weak and divided by foreign nati

we have seen over the past few years that xi jinping is getting stronger.ng a leader in production of solar power, solar panels, in climate change responsibility, but china is also doing its part in the pandemic as well — providing vaccines to developing countries, but it wants to be on the same level as the us, it wants to be recognised as a global leader as well as a global leader as well as a global power, and this desire is in many ways, for xi jinping, cementing his rule, cementing his power both at home in china and abroad. thursday marks the 24th anniversary of hong kong being handed back to china, to chinese rule. that hasn't featured very strongly in at the celebrations so far. something i suppose of a sore point, a weakness for the party, and the way that the party, and the way that the party has been seen overseas, how protests and demonstrations have been handled, how it has exerted a much tighter grip on hong kong. yes, i think hong kong hong kong. yes, ithink hong kong is hong kong. yes, i think hong kong is seen as a sort of weakness with xi

xi jinping pledged to build up china's military, committed to the reunification of china and taiwan, and said social stability will be insured in hong kong while protecting china's security and sovereignty. >> triumphant, xi jinping declared china's communist party had achieved its goal of 100 years and was well on its way to achieving its next. >> we are now marching confidently toward making china into a great, modern socialist power in all respects. >> the impeccably choreographed ceremony with a massive crowd of party loyalists not only served to show china's might on the world stage but that of its ruler. his quest for power is now a well-known legend. born into an elite political family, he saw his fortune's sink as a small child when his father al out-of-favor. the young man persevered and eventually made his way into the communist party. as a senior provisional official, he became known for his tough stance against corruption before taking up the top position in shanghai, china's economic capital. since becoming president in 2012, he has steadily increased his grip for power.

president xi jinping

that was -- the words you said were not the worst from xi jinping's speech.building a new one. and that's a reference to xi jinping's thought that held shod be the only ruler in the world. that basically no other country has sovereignity. china should rule everything on the planet. jason: so what are going to be the key he metrics or factor asy president biden, who has been fairly soft, i just have not heard the rhetoric, i have not seen him tackle things directly, he can't seem to directly challenge him on what happened in the wuhan labs and getting core g information that we need there. so what is president biden -- what should he be doing? >> well, president biden should be composing the greatest costs on china right now for deliberately spreading a disease beyond itsts borders and killing at last count 604,000 americans. xi jinping, they lied about the transmissibility of disease, they told the world it was not contagious when they knew it was highly contagious and while locking down their own country, they pressured others to not impose travel restrictio

at all kicked off at the beginning with xi jinping being.ing with xijinping and the other members of the committee coming out onto the tiananmen gate and speaking across the square. people who know history will know that this is reminiscent of when mao zedong was up on the same date, declaring that the new china had arrived and even xijinping was wearing clothes similar to what mao war, so there is an attempt to connect the party of now to the party of the past, the communist party has presided over some great successes and some absolutely dismal failures like successes and some absolutely dismalfailures like in successes and some absolutely dismal failures like in the great leap forward when tens of millions of people starved to death in the cultural revolution with that chaos and persecution and the cult of mao but once mao died and china was able to open up, connect with the rest of the world and change the party's ideology, thatis change the party's ideology, that is when the real success has happened for the party in terms of lifting up

and for xi jinping, unlike putin, xi jinping does care about his image on the world stage.tatements, you know, particularly as strong as this is with nato for the first time condemning china's activities, with the eu, with our is 5-i allies, that is a strong partnership and that is an advantage that we have over china and that is a very clear message. >> since you've been involved in cyber negotiations with china and since you know how china works, is there any chance that this sort of hacking could happen without the go-ahead without the chinese government? >> well, you know, i think xi jinping would like to think not. but in fact it is hard to control a country of that size. so i think what we're trying to say here is, look, china, xi jinping, you are in a bad place either way. right? either you are responsible and we are going to hold you responsible directly for stopping this activity that you are directly sanctioning, or you do not have control, which you claim to have all around the world. and things are happening beyond your control. and i think so he loses either wa

and where they founded the people's republic of china and said the chinese people stood up and xi jinpingearing the same clothing that he wears in the same location saying the chinese people have stood up, then he goes on as you pointed out to use this quote which was subscribed in the translation that the chinese language says the chinese people will know wait allow foreigners to come in a bully us, whoever vainly hopes to do this will bloodily break their heads on a steel grate wall built of the flesh and blood of 1.4 billion chinese people, these are the real rhetoric that the party uses with its population on a regular basis and another thing we like to have an image of the communist party is separate and depressive and people wanting out of there, that is not true, many of these ideas are very popular in china, there is a huge persistent nationalism that goes on in the party itself is making the case to the chinese people that they can do this. maria: the whole world should worry that a communist nation being the dominant superpower, what does united states need to do to slow the pro

tonight, president xi jinping says that china will not be bullied again. warning from president xi is of its communist party. xi says that china's rise is now irreversible. also, rescue teams at the collapsed condo building near miami stop their work, fearing what is left of the structure could give way. that as president biden meets rescuers and family members of the dead, and the 145 werstill miing. and remembering diana. princes william and harry put aside their differences to unveil a statue of tir late mother on what would have been the princess's 60th birthday. ♪ i'm brent goff. to our viewers on pbs in the united states and to all of you around the world, welcome. defiant words and a welcome today form cash from xi jinping at celebrations marking the 100th anniversary of the country's communist party. xi called for taiwan to be brought back under chinese control, and said that china would not be intimidated by threats from abroad. observers see his comments as a warning to western countries that have criticized beijing for their human rights abuses.

xi jinping, just a couple of years ago, engineered its removal.llow me to make this point. even if president xi jinping serve in his leadership position all the way up to 2035, xijinping, by then, by 2035, would be younger than deng xiaoping, for whom i worked as his interpreter. i'd just like a direct answer to the question. do you think the removal of term limits was a mistake? my answer to your question, stephen, is that china now needs a very strong, powerful leader who sees where china is and why china needs to stand firm on matters of principle on the global stage and refuse to cave in to whatever pressure coming from washington. this is the leader we need, and xijinping is indeed this kind of leadership that china is very much embracing right now. much of the pressure that china faces right now isn't actually coming just from the united states. it's coming from the entire international community and, indeed, from the united nations, as well. i'm just looking at the most recent un human rights council report — "grave concern" about the human

president xi jinping addresses the communist party �*s 100th birthday party celebration saying the era over. donald rumsfeld has died at the age of 88. he was the us secretary of defence for george w bush, and led the bush administration �*s war on terror that was criticised by many. military band plays donald rumsfeld served four presidents over five decades. hawkish in outlook, and a waspish personality, he was a key architect of america's response to 9/11 — the invasion of afghanistan and, most controversially, the invasion of iraq. a navy pilot in the 1950s, rumsfeld later became an illinois congressman. richard nixon and henry kissinger saw in him a cold ruthlessness and gave him a job in cabinet. a strong defence posture gives weight to our values and our views in international negotiations. in 1975 under gerald ford, he became the youngest ever defence secretary. ronald reagan sent him to the middle east, where he met saddam hussein, the leader he'd one day help to overthrow. i'm submitting the name of donald rumsfeld to be secretary of defence. nearly 20 years later, george w b

following that, president xi jinping marking the 100th anniversary of the russian party. then russian president vladimir putin's call-in program. ♪ announcer: c-span is your unfiltered view of government, funded by these television companies, and more. ♪ ♪ announcer: the u.s. added 800 and 50,000 jobs -- 850,000 jobs in june. at the white house, president biden commented on the numbers on the numbers and the overall economy. today's job news brought something else to celebrate. this morning we learned that in june our economy created 850,000 jobs, 850,000 jobs. wages went up for american workers pick since we took office our recovery has credit an average 600,000 -- dollars, 600,000 jobs per month. we now created over 3 million jobs since i took office here more jobs that have ever been critical in the first five months of any presidency in modern history thanks to the incredible work of the entire team. this is historic progress. holding our economy out of the worst crisis in 100 years. driven in part by our dramatic progress in vaccinating our nation and beating back th

. >> i talked to xi -- xi jinping in china who i know well, we don't agree a lot of things, he's a brighty tough guy. he truly believes that the 21st century will be determined by oligarchs, by -- not a joke. democracies cannot function in 21st century your argument is because things are moving so rapidly, so, so rapidly that you can't pull together a nation that is divided to get a consensus on acting quickly. so autocrats autocracies, i had a long meeting with putin and i know him well, these guys actually are betting, betting, i'm not joking on autocracies. maria: they're making bets all right. we are back with senator ron johnson, that was president biden on cnn town hall kowtowing to china and russia saying buddies jinping and putin believer that oligarchs and autocrats will dominate the 21st century. my question is what is he doing about it, how would you assess the u.s.-china policy? senator: you talked about a divided nation, he should stop dividing the nation and he's done nothing to unify and heal the nation as he said in inaugural address. the other thing that we need to do is

xi jinping highlighted progress toward a quote moderately prot society.so sent a warning to foreign powers not to get in the way of the countries historic mission, gaining control of taiwan. here is what guests thought of the speech. >> xi jinping has set china on a protectable path. it is about growing wealth, growing power, economic and military power, technological power. >> extraordinarily striking line which will no doubt be every headline tomorrow. saying if you bully china, you are on a collision course with a steel wall forced by 1.4 billion chinese people. the number of applause lines that were provoked by calls to nationalism, strength, sovereignty, was really quite striking. >> looking at high-quality names across sectors, much-needed cyclical exposure. that is where china is uniquely positioned. most other regions, they are moving opposite to each other. anna: voices talking about the address through the asian session. for more, tom mackenzie joins us from beijing. good morning to you. what stood out from the speech? >> a number of different a

is there, should xi jinping invade taiwan, look at the responses he invaded hong kong and started throwingrybody in jail and the freedom fighters are in jail and this week communist china seize control of britain's microchip factory in the biden administration announced that more companies will be added to the blacklist over the disaster where they have uighurs locked up and a lot of people are questioning that blacklist because while he is putting some people on the blacklist, the companies doing anything and the subsidiaries of those companies are not on the list, what you make of these moves this week from the ccp. >> the ccp is serious, the moves that you described the past week or serious, there is action that we sell disclosed about how their continuing to cover up for the virus as well, we seen the work that they're doing with genetics, they're doing testing on mothers who are pregnant and collected their dna samples, this is a machine that is intent on dominating the world in technology and commerce and militarily. the responses have to be equally serious, i sell the blacklist that

is there, should xi jinping invade taiwan.at the response as he invaded hong kong and started throwing everybody in jail, the freedom fighters are now in jail, just this week communist china seized control of britain's largest microchip factory and the bidenl administration announced that more companies will be added to the blacklist over the xinjiang disaster where they have uyghurs locked up and, yet, a lot of people are questioning that blacklist because while he's putting some companies on the blacklist, the companies that are actually doing anything and the subsidiaries of those companies are not on that list. what do you make of these moves this week from thees c s cp? >> -- ccp? >> yes, the ccp is serious. the moves that you described this past week are serious. there was actions that we saudis closed about how they continue the to cover up for the virus as well. we've seen the work they're doing with genetics. they're doing testing on mothers who are pregnant. they're collecting dna samples. this is a machine. this is

twitter restricted the account of a scholar who dared to mock xi jinping.aking fun of the 100th anniversary celebrations and two tweets were marked unveil, jd. do social mead can ya companies understand -- media companies understand who they are in bed with? >> i unfortunately think they do and they just don't care. isn't this crazy. you have an american company built by american technology as you know, maria, built on the back of special privileges from the american government. now doing the bidding of the chinese communist party. this is crazy. and we have to wake up to and recognize what do we care more about, the right of twitter to lay in bed with the chinese communist party or the first amendment, the right to flee speech in this country and there are things we can do about this. one of the things i find frustrating about republicans and big tech, is we complain about this but why don't we give them the rights to sue their pants off if they have their rights censored. there are things to do to protect the first amendment. we've just got to actually do

president xi jinping [applause] president xi jinping: today is a great day. we join all party members and the people around the country in celebrating the seminary of the party. looking back on the journey the party has traveled over 100 years, and looking ahead to the rejuvenation of the chinese nation, to begin, let me extend warm congratulations to all party members of the central committee. [applause] on this special occasion, it is my honor to declare on behalf of the party and the people, the whole party in the entire nation, we have realized the first centenary goal, a prosperous society in all respects. this means we have brought the solution to the problem of poverty in china. this is a great and glorious vision of the chinese nation for the chinese people and for the communist party of china. [applause] comrades and friends, the chinese nation is a great nation with a history of more than 5000 years. china has made contributions to the progress of human civilization. after the opium war, however, china was gradually reduced to a semi-colonial, semi-

obviously president biden has yet to bring up the origins of covid with xi jinping as xi jinping celebratesht 100 years for the ccp. real quick, congressman, are you expecting a second package of tax increases that the biden administration will push through reconciliation next month? >> i think they're going to try. i don't see any way that they don't. but people need to pay attention to what's happening. maria: congressman, good to see you this morning, sir. thank you. michael burgess joining us in d.c. stay with us. we'll be right back. so then i said to him, you oughta customize your car insurance with liberty mutual, so you only pay for what you need. hot dog or... chicken? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find better bedtime stories. you'll find a better life is in store at miracle-ear, when you experience the exclusive miracle-ear advantage. it starts with our free hearing assessment. plus innovative products that fit your needs and budget. with free

questions of how far xi jinping is willing to go. finally, we go to europe, but in a different time and place. we speak to patrick wyman on what we can learn going back to the 15th century. before we can figure out the history, let's talk about the markets right here, right now, today. joe: i am hoping we can get some good stock pick lessons from europe in the 1500s. the last couple of days, chinese stocks getting clobbered. tesla still up about half a percent. moving a lot lately, chinese stocks. it seems like every sector coming under regulatory scrutiny. of course, we saw with the fintech, more recently with online education. romaine: absolutely. we saw swan, the big food delivery company. really, there is this idea of a broader cloud here, beijing and xi jinping really consolidating power, that any company doing business with china is doing it in the way the government wanted to be done. joe: katie, have you ever seen anything like this, where it feels like here in the u.s., we will to an investigation and 10 years later, we will

that was china's president xi jinping's message.elves on a collision force of a great wall of steel forged by china's 1.4 billion people they matched the strength of the celebrations of the communist party's 100th birthday and the stealth fighter through over head pledging that china would continue to build up the military and the commitment to the reunification of taiwan was a priority there would be a new world order and the antidote to security would be upheld. hong kong was on lockdown as it marked the 24th anniversary of its return from british to chinese rule the city traditionally holds a peaceful march on july 1 authorities there didn't allow it citing pandemic restrictions. activists believe it was a way to silence beijing critics as you know for the past year because of the national security law, several journalists and other critics have been rounded up >> eunice, thank you we got to go we have to talk to kyle bass i know you you are interested too. talking about american companies doing business in china and whether ceos

not only because they are a big country with real capabilities but you see with xi jinping a real intentpressed. the lack chinese to walk all over for 30 years we've had constructive engagement it's open stuff and let them steal intellectual property and take billings of jobs from americans, they weren't oppressed, they were running rampant across the world dominating international organizations. we were the first administration to say enough and turned back and began to get allies and friends in japan, australia to understand the threat the united ingram and throughout europe, these were important changes that took place, facet ministration and the next whether republican or democrat has to take this challenge seriously and begin to be truly cost imposing xi jinping so the chinese people can lead them, if it doesn't lead them down this path that will ultimately lead to a about art from nonprofit america revamp it will take real american leadership. dan: i hope so, i think we made a mistake, i think without economic growth would lead to a yearning for freedom in china and it created the

that is why china's going back to more totalitarian and more political and because xi jinping is onlyin his 60s, he's going to be there and make him president alike, he'll be there for a long time so china is not going back, it's essentially going the other way and looking inward is much more totalitarian compared to the past. >> this is my segue to the next question 92 million communist party members out of one and a half billion people in china, is there a backlash against any of these government programs from their own citizens customer. >> i guess if there is it's not been reported. exposure to pandemic there was a lot of anger avoid the communist party angers even though their small in terms of the population, less than 7% into during the commonest party and you have to first join and imagine my first book this is been selected and the young pioneer program. >> in another program for teenagers and young people and one you have the program then you really have to understand the communism and you have to have come from a good family, very leaders and once the party you will be put

bertha, good morning >> good morning, brian xi jinping offering tough words on his country's resolve to stand up to foreign pressures. xi laying out the remarks at the celebration of the ruling communist party. xi saying they will not accept sanc sanctimony preaching the remarks coming amid joint military exercises with u.s. and japan over rising tensions with china and taiwan. >>> shares of didi closing up 1% yesterday after spiking 29% at one point. the stock closing at $14.14. it gave it a market cap of $67.8 billion. the biggest u.s. ipo of the decade didi shares up 9.4% in the pre-market >>> it is krispy kreme's turn today. raising $500 million of the ipo. pricing shares at $17 a piece. that is below the $21 to $24 range it set earlier crkrispy kreme's ceo will have more on this coming up on "squawk box. brian, that company coming amid the busiest week for ipo with 20 entering the market. busiest since 2000 the last time krispy kreme i ipo'd. >> we were upstairs with the tiny rooms are these giving you flashbacks, bertha >> reporter: the sock puppet kids, if you are too young, g

tom: also pointing out that the economic challenges for xi jinping are up and the men.is economy that has not rebalanced in terms of the economy. there is a massive wealth divide after it continues to be a major problem amongst the corporate. there is the question of the demographic challenge. and then international saying china is looking more isolated. xi jinping said, we are a nation that wants to see global peace, we are ready for cooperation, but again, the international perspective of china according to the latest pew data is suggesting there is a lot of concern. it's in developed countries about the policies that china has enacted along the belt and road as well. dani: let's talk about policies and hong kong. stephen, from where you are sitting, what does the current outlook for hong kong seemed to be? stephen: it's a poorly rising question and issue and hong kong. and i have lived in and out of hong kong for the last 31 years. i have been here pre-handover, post-handover and into this current situation. we have seen beijing's influence in the city as strong as i

. >> president xi jinping has paid a surprise visit to the politically sensitive region of tibet, they a chinese president in more than 30 years. his visit is only being covered by state media because of the sensitivities of the trip. many exiled tibetans accused beijing of religious repression. there have been tensions, too, with india. the head of our chinese service gave us his view of the purpose of the visit. >> there are speculations and analysis from different walks. the one main thought is that xi jinping is trying to emphasize his push for a different type of nationalist agenda. in recent years, people have noticed changes in some of the chinese ethnic policies, such as trying to force different ethnic groups to have a national identity, a melting pot identity. trying to make their religion and cultures more secularized, fitting into the main communist-led state structure. that is many people's interpretation. he is trying to put more emphasis on that. of course, the timing is also quite crucial. it is also at the juncture of 70 years of the chinese army entering tibet, signi

. >> next, chinese president xi jinping delivers remarks on the hundred anniversary of the chinese communist party. he talks about the strength of the chinese people, resilience of the military and warned against foreign interference, telling a crowd of thousands that chinese will not be bullied by foreign forces. he also is the secretary general of the committee. >> general secretary of the commonest party, chinese president -- communist party, tiny president, xi jinping. ♪ [applause] pres. xi: public -- comrades and friends. today, the fourth of july -- first of july, is a day for the communist party of china and the chinese nation. i am here to join all party members and the chinese people of all ethnic groups around the country in celebrating the centenary of the party. looking back,,party has travele0 years, and looking ahead to the rejuvenation of the chinese nation, to begin, let me extend warm congratulations to all party members of the central committee. [applause] on this special occasion, it is my honor to declare on behalf of the party and the people, the whole party in the entir

joe biden says he's the one leader that knows xi jinping best on the world stage and that xi jinpinggoing to acquire america and overtake america within 15 years. i mean, they're following our political debates. they're piling on. do the progressives understand the dangerous situation they're putting this country in, that the ccp has goals, they're belt and road initiative, their civil military fusion. they want to overtake the united states. is the biden administration enabling is with all of this censorship? >> unfortunately, they are. and one of the sad realities today is the democratic party is structurally pro-china. the democratic party today is funded by -- their biggest funders are big tech and big tech is in bed with the chinese communists. among the biggest funders of the democratic party are the giant corporations and many of the giant corporations, the fortune 50 and fortune 100 are in bed with the chinese communists and you look at the biden administration, just six months into it, joe biden named as his un ambassador an individual who last year gave a paid speech for a

it was so good, xi jinping's speech gave - so good, xi jinping's speech gave huge _ so good, xi jinping'sn power. translation: :, ., translation: long live the great, ulorious translation: long live the great, glorious and _ translation: long live the great, glorious and correct _ translation: long live the great, glorious and correct communist - translation: long live the great, l glorious and correct communist party of china. , . ., , glorious and correct communist party of china. , : ., , ., ., of china. there is certainly an air of china. there is certainly an air of confidence _ of china. there is certainly an air of confidence here. _ of china. there is certainly an air of confidence here. stephen - of china. there is certainly an air- of confidence here. stephen donald, bbc news, beijing. you are watching bbc news, beijing. you are watching bbc news. our headlines. nissan announces a major expansion of electric vehicle and battery production in northeast england, bringing thousands of newjobs to the region. uk employers will have to hear more of the costs of furlough from today as

. >> up next, chinese president xi jinping speaks on the 100th anniversary of the chinese communist party. he talks about the strength of the chinese people, the resilience of the military, and vowed to utterly defeat taiwan independence. the leader addressed a crowd of 7000 in the square. >> please allow me to invite general secretary of the communist party, chinese president of the nation, xi jinping to deliver a speech. ♪ comrades and friends, today, the fourth of july is a -- for the communist party of china and the chinese nation. we're gathered here to join all party members and the chinese people around the country in celebrating the party. looking back, over 100 years of struggle and looking ahead to the rejuvenation of the chinese nation. to begin, let me extend warm congratulations to all party members. [applause] on this special occasion, it is my honor to declare on behalf of the party and the people that for the continuing efforts that the whole party, we have realized the first goal, a moderate -- this means that we have a historical revolution and we are marching towards th

. >> next, chinese president, xi jinping, delivers remarks on the 100th anniversary of the chinese communist party. he talks about the strength of the chinese people, there resilience of the military, and warned against foreign interference, telling a crowd of thousands that china will not be bullied by foreign forces. he also serves as the secretary general of the party central committee. in tiananmen square. president xi jinping [applause] >> comrades and friends, today, the first of july, is a great and solemn day in the history of both the communist party of china and the chinese nation. we gather here to join all party members and chinese people of all ethnic groups around the country in celebrating the centenary of the party, looking back on the glorious journey the party has traveled over 100 years of struggle, and looking ahead to the bright prospects for the rejuvenation of the chinese nation. rejuvenation of the chinese nation, to begin, let me extend warm congratulations to all party members of the central committee. [applause] on this special occasion, it is my honor to declare o

so i think there's reasons to be more pessimistic because of the steps xi jinping is taking right nowhey trying to get it delisted >> i don't think it's every company, but we have seen that record fine for alibaba, we saw the ant ipo suspension we saw didi becoming the subject of a cyber-review. and now we're looking at the education platforms there are arguments that you can make that even of those, for different reasons, are strategically important in terms of political stability and national security of china i think that's a much greater priority than the idea that the chinese government is try to go decouple their entire economy away from the west but those strategic sectors broadly defined, could -- it's a pretty significant piece much the overall chinese economy, and certainly many of the stocks that investors would be most excited about, long term >> so, ian, obviously this is not in a vacuum. the biden administration offering a warning to u.s. businesses operating in hong kong, because of chinese control there. of course, the human rights issues, and the investigations into t

it's xi jinping's decision he has made that decision.any of his speeches at the various party congresses or working groups. he has taken a decidedly different tone he would like to see china emerge as the leading superpower now, official target is 2049, but he's now extended his tenure and frankly, that's where he wants to go during his term, if he possibly can. china is number one. >> so, basically china thinks it can be number one even if for the time being they're cracking down on some of their biggest companies out of concerns about data and is this because the s.e.c. here has been pressing chinese companies for more disclosure? it seems like db listing in new york was one catalyst for this latest crackdown >> i think the main purpose of the crackdown is control by beijing. they want to have more insight into what's going on on the various platforms. and it's as simple as that i think that concerns about the s.e.c. and things like that are really quite secondary >> all right let me ask you, larry, since we have you this week and sinc