just trying to cool things down a bit in recent months of actually think of the secretary said john yellen, the gang of china, we so affected later. and a few weeks, i think the commerce secretary is going as well. she might get a bit of a hard time now. as a result, it was kind of things are kinda cooling down, but this is actually going to wrap things up with. i think that real questions as to what i chose economic impact, which is gonna have, we just pulled up some statistics. i'm in the u. s. and 2021 in 2022 accountants with less than 5 percent of inward investment and to try it. in fact, into the 10 year lo try us investment at the china public because of the time democrat and other issues mean. well, china itself has loads of money to spend on its own industries. so to a lot of other countries around the world, what they want to get in on the act and in china. so it doesn't look like it's gonna have any measurable impact on the development of a, for chinese chinese business chinese investment to go out of intelligence, quantum and so on. so it looks like it might be more symbolic, a

now, as treasury secretary john is, yellen has been on the defensive off the international rating agency fits, cuts washington's credit school sites and concerns over the country that the didn't state of finances as well as quotes and erosion of governors. jaelyn, however, has pointed the finger fit check using the company of processing relevant data. and the system in the us economy is strong in fixed views, that has been a steady deterioration in standards. so governance over the last 20 years, including on fisco and debt mattress. notwithstanding the june bipartisan agreement to suspend the debt clement until january 2025, the repeated debt limits political scandals and last minute resolutions have a role that confidence in fiscal management, which is decision is puzzling and why does he he cannot experience. we see in the united states, i strongly disagree with fits his decision, and i believe it is entirely unwarranted. it's florida assessment is based on outdated data and feels to reflect improvements across a range of indicators, including those related to governance that we've se

keep sending cabinet members to beige, now we understand gina raimondo is going next we had janet yellen, johnantony blinken we keep going to beg for communications they are just getting serious about undermining america with this surveillance. >> because biden administration fails to see the paradox heart of maximumist leninest regimes like ccp more comfortable they get 2 more aggressive they get as we sort of chase their officials around the world to get a photo-op they continue cybereconomic war against the united states, in addition to, i chair cyberthe cyberwar with taiwan underway by ccp. >> you are doing great job we are watching everything we appreciate your time, this morning. thank you, sir. >> congressman mike gallagher thank you for being here adam johnson kelly o'grady, todd piro see you tomorrow "varney & co." picks it up after this short break. . the day you get your clearchoice dental implants makes every day... a "let's dig in" day... mm. ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... - mm. [ chuckles ] - ...a "love my new teeth" day. because

cabinet level minister or secretary from the united states that included jake sullivan and janet yellen john and gina raimondo to go to beijing since june 2 kind of repair the relationship and this is a situation where they are saying trade and transparency can be the foundation essentially, the hope she says and i quote that the commercial relationship done right can stabilize political relationship. let's hear from her. >> we agreed to establish the new commercial issues working group, a formal working group, which will involve u.s. and chinese government officials, very importantly, u.s. and chinese commercial private sector representatives. as we seek solutions on trade and investment issues to advance u.s. commercial interests in china. >> gina raimondo met with her chinese counterpart for more than four hours in beijing yesterday. it seemed like a constructive conversation. after that the ministry of commerce in china essentially said talks were rational, candid, constructive. they've agreed to meet one time a year. back on the national security issues, which is at the heart of export

secretary yellen, john kerry. lam chinese counterparts coming to the united states. i think these contacts are essential and it would be earth bonsall -- it would be irresponsible not to pursue them. we are seeking ways to cooperate and if we don't do it, that's on us. i would be important to see if china will cooperate with us. the chemical precursors are going into the manufacture of mexico and the united states. we like to have a partnership with china. if we are engaged, it won't happen. we have detainees in china, how will we get them out if stan not talking. john kerry pursuing climate, global health, i could go down the list. making sure we are responsibly managing the relationship in dealing with our differences. if we were engaged we would be rightly. i have no illusions about where that goes, is a most consequential and complicated relationship we have. as to the whereabouts of my senior officials i leave that to my chinese counterparts. ms. mitchell: very quick question that ask and this will be 30 seconds. , on china, which is this whole audience loves to

high level official from the united states to visit china, there was antony blinken, also janet yellen and johntensions between the two, but there are a lot of issues like geopolitical tensions and when it comes to trade there has been a lot of tit—for—tat especially involving chips and that is crucial for artificial intelligent technology, like i said a lot more on asia business report, but for now, thank you so much for watching newsday. hello there. our final bank holiday weekend of the summer season was certainly dominated by sunny spells and scattered showers — some really potent ones on saturday, but by monday, fewer showers around, allowing us to get out and enjoy some fresh air and glimpses of sunshine. quite a cloudy start, but into the afternoon, the cloud broke up and we closed out the day with some decent sunshine around. now, low pressure is set to dominate this tuesday and continue with that sunny spells and scattered shower theme. the trailing weather front here will certainly introduce more cloud across northern england, parts of wales and southwest england first thing in the mo

antony blinken, janet yellen, john kerry. in an attempt to get the u.s. and china back on track. something that president biden desperately wants. but this executive order expected to be implemented next year could affect those plans. >> absolutely. i was thinking about yellen's visit to beijing and her comments that some of the restrictions were about national security concerns and not necessarily economic superiority. but chinese don't appear to be buying it. anna coren, thank you. >>> let's turn to haiti now where an american nurse and her young daughter have been released after being kidnapped two weeks ago. kylie atwood has more from the state department in washington. >> we welcome reports of their release. we have no greater priority for the safety and security of u.s. citizens overseas. >> reporter: after nearly two weeks, confirmation that the american nurse and her young daughter were released. >> they invited me to come to the school to do some nursing for some of the kids. >> reporter: she works with an aid group run by her husband. she and her young daughter were tak

john kerry went to china, got almost nothing. janet yellen went to china and got almost nothing.ken went to china, got basically nothing too. maybe fourth time's the charm. i'm hearing already that both sides have agreed to some sort of biannual twice a year commerce meeting, which is, i would say, a bare minimum for something successful. broadly speaking, though, it's not good optics for the chinese side. i don't think the us side realises this, but we've sent four different people now to china and they've sent no one back to the us we've invited wang yi. he hasn't come yet. so we're looking, i think the next couple of weeks are going to show china's true response for this. but so far, i would say it's at least mildly positive if they've agreed to some meetings. real estate is a big part of the economy, 25 sometimes 30% of the gdp depending on the year. and that's really suffering. and probably the actual data is worse than the reported data. so i think that's the big difference that gina raimondo may have more success than her three cabinet minister predecessors is simply that

the fourth trip by a cabinet level official by the budget administration we had john kerry, treasury secretary janet yellennken and it may be preparation for xi jinping to meet with biden in the united states. but i think the real issue, the diplomacy is a centerpiece of the biden administration approach to china, i think they're not really explaining to the united states and the american people the nature of the contest, the level of threat that exist, we no longer hear about the military buildup and we don't hear for grounding of human rights atrocities in the strategy to win a global economic contest and the overall contest but i think americans at this point to understand that china is our greatest threat, the russia china active what they're doing at this point is clearly understood in the state of high-level diplomacy which precisely what is a national security advisor, jake sullivan said with regard to the trip, we view them as managing a method of complex relationship, competitive relationships of the competition does not tip over into conflict. if the purpose is to avoid conflict and were making c

commerce secretary gina raimondo is in china meeting with officials and this comes after john kerry was there, janet yellenr kowtowing to the chinese officials and anthony blinken as well, what are the four officials of the biden government doing, how are they planning to change u.s. china policy? >> biden has been soft on china and a lot of the stuff that president trump put into a fact that were tough on china, tough on chinese trade and spying efforts, biden has undone all of that in the chinese in spite of all of that, the economy is sputtering, they are not recovering from the covid lockdowns in the economic growth is slowing down, the chinese president xi's in pain has emphasized control by the chinese communist party over all aspects of china especially the economy at the expense of economic growth. the deal that the chinese government and chinese people 50 years ago that you give us all the power and will make sure you have prosperity and riches, that is starting to fade, this 20% youth on employment the chinese economy is not going to get is supposed to, this is china's all-out attempt to get back

wanted to improve relations, they sent antony blinken to beijing, and their climate envoy john kerry, also janet yellenhat is quicker. will this investment ban the rail that progress? yet to be seen. but a scaled-back version of the investment ban would be more welcome news than a really hard band that was initially -- ban that was initially speculative. >> sticking with china and property markets, country garden stocks bonds plunging on tuesday, some chinese developers say -- bondholders say they have not received payments. what specific notes are we talking about, how much are they worth and what are the locations? -- implications? >> there is this bond that has $10 million of interest in dollar terms, and another bond that has $12 billion in interest. the amount of interest is not big, and they are supposedly due monday, but we have heard from noteholders they have not received any payment as of the end of tuesday. that puts a lot of question into whether country garden is able to make these payments, but also noting that these notes have a 30 day grace. for interests, country garden still has month

she's the next person to visit china, as you know, janis mackey frayer, coming after yellen and blinken and johnry on the china climate change issues. they are trying to build her up and signal to china this is what they are talking about also. it's not just weapons. it's economic weapons, right? >> reporter: she is the one official that beijing officials would like to see visit china. commerce is the gatekeeper to export restrictions, the gatekeeper to trying to strengthen u.s./china trade when diplomatic relations are reaching new lows. so that is some important signaling on the part there. >> we appreciate you staying up late and being with us. and victor, your expertise is invaluable. thanks to both. >>> trial balloon. donald trump's lawyers making their first formal appeal to push his election interference trial to 2026, beyond the '24 election. can he dodge court until so long after the election? that's next when "andrea mitchell reports" is back in 60 seconds. we will be right back right here on msnbc. snbc ♪i've got home internet from t-mobile.♪ ♪it only costs $50 bucks at t-mobile.♪ ♪ju

shery: you mentioned secretary blinken, secretary yellen's visit, and we had the climate envoy john kerry eating the chinese policymakers, but they came back sort of empty-handed. what will be the measure of tangible progress from this visit? >> we have been told or she said this i believe that she is looking for practical and pragmatic steps on this visit at least, which by the way also includes shanghai, and that will be working groups on the export controls that china is upset about, and also one of the easier issues in play there is simply tourism, travel, because chinese tourism is such a boon to the global economy, a much bigger price is or a more specific price is there has been some talk about easing toward a resumption of boeing 737 max deliveries to china, which has been stopped for a number of years. that would actually be a real tangible sign of progress. haidi: there are of course broader issues. tell us about those and if we should manage our expectations in terms of whether they get touched upon? >> absolutely, like the others before her, we mentioned lincoln -- blinken, ye

american diplomats who have recently visited china including janet yellen secretary of state antony blinken and us climate on oyoo johnry. all in the last three months, despite all of these meetings, relations between the world's two largest economies are at their most tense for years. last august the us passed the chipset aimed at growing the domestic chip making business and blocking the chinese industry, beijing has responded in turn including restricting exports of gaily to the us to ingredients and making chips and outcomes in the week exports controls kick in the netherlands preventing one the biggest makers of chip equipment exporting without a license, something china has complained about and analysts have said with only make us china relationships worst. this comes as president biden appears —— prepares to visit vietnam trying to increase production at home it has been seen as an alternative destination for the us to outsource manufacturing rather than put all its eggs on the one basket that is china. the country is having a hard time maintaining a status as the world's manufacturing centre, making it all the

john kerry. then it was tony blinken. and then not to be left out treasury secretary janet yellen. of them did nothing but embarrass us there and just to give you an idea. if they are all in to reducing their carbon footprints, then why not just hold the next cabinet meeting for the biden administration in beijing. after all, they all seem more comfortable answering to the chinese than to the american people at this point joining me now is bob light houser. former trait representative under president trump. just days ago president biden said we are not looking for a fight with china. we are looking for a rational relationship your reaction? first of all it's important what you do an adversary china is they want to be number one in the world. they have the biggest army, the biggest navy. they are militarizing the south china sea we have had to u.s. sailors arrested for espionage for china. they have had warships off alaska. you have got to remind yourself, first, what we are dealing with and you do that so well secondly, we have to remind ourselves they have been waging an economic

john kerry goes there why he's on the ground, xi jinping says nobody's going to tell us what to do with the climate strategy in janet yellennd and this is happening at a time where china's economy is weakening, morgan stanley cut the forecast for economic growth into next year calling the slump in property market local government financial stress, we know china's property company evergrande has filed for chapter 15 bankruptcy in a manhattan court, this happened yesterday, this is a big deal let's talk about the shift in sentiment around the chinese economy. even businesses are having second thoughts about going into china opening the doors knowing there's new rules the ccp has allowing them to merge into any business instill intellectual property like they've got at bain and company. >> i think you're right, the media is picking up on the slowing of the chinese economy to a certain extent, the weakness in the property sector these are mainstream readings of how china is doing so i think a strategic level that presents inches is economic containment real economic containment is a viable strategy. if you contain china the 20

americans have sent first anthony blinken, the national security adviser for then janet yellen, the treasury adviser, then johne change envoy. just in the last few months alone . it the last few months alone. it would be odd, i think, if the british were not to go at all. >> and i suppose there's stuff to be gained from a chinese perspective in all of this. they've of declining they've got a sort of declining economy the moment. economy at the moment. huge problem unemployment problem with youth unemployment , crashing , , housing market crashing, currency crashing. they need partners in the west . partners in the west. >> yeah, they absolutely do. >> yeah, they absolutely do. >> they absolutely do. that's why they were so keen to meet the french and the germans earlier in the year. chinese trade with the eu and the us are something like ten times bigger than chinese trade with russia . than chinese trade with russia. so talk about china's so when we talk about china's loyalty , as you know, china does loyalty, as you know, china does want the west want to have friends in the west still, it has been still, but

yellen over there. we've had secretary rimando over there, john kerry went over recently. all that is to the good.th the military. when you talk about this relationship, the greatest chance for risk and the greatest chance for miscalculation and potentially conflict is in the military atmosphere. particularly in the western pacific. that's why it is so important to get those lines of communication open between our two mmilitarie. sadly, they're not really. there was a staff level meeting at the pentagon a week or so ago, which was a good sign, but we have a long way to go. >> admiral john kirby, thank you very much. greatly appreciated, as always. >>> donny, you know, republicans and democrats both like to prove they're harder on china than the other side. i get it. i've been a cold warrior my woel whole life. i talked about what china has done, from the uighurs to the crackdown on hong kong. i could do the list, right? i'm glad we're flexing our muscles over there, right? at the same time, we have to have a relationship with china. whether you're talking about peace, prosperity, the environment,