moving their trade to hong kong and buying it in hong kong and smuggling it into mainland china.plement in this trade banned which is going to set a great example for hong kong to follow. and is there no pressure that you can apply on to that part, to get them to go online, to do it all at the same time as the rest of china? we hope so, yes. yes, indeed. you talked about maybe other different forms of ivory, of course there is the rhinoceros ivory, which is also very much traded. is that going to be looked at in the future? it is going to put the spotlight on the trade of endangered species, by this law. and in the past we have seen this law. and in the past we have seen that government actions making trade... making a market place is unavailable for trade can have immediate and huge impact both on the market, as well as on people's perception of this trade. so i hope this announcement is going to set an example for other species to be looked at, and awareness raised, and also political will to protect them raised. thank you for raising our awareness. thank you so much for your t

. ♪ it's the long-waited disneyland parade in mainland china.racters appearing, guests seem excited. buildings that epitomize disney fill the area. the enchanted storybook castle of the center of the park is the most impressive. on this day, the park was initially set to close at 8:00 p.m. but it was extended until 10:00 due to the large crowd. five kilometers northeast of disney resort is a town that is expected to become the center of tourism. the town dates back to the 10th century during the tsong dynasty. this town is also known as the birthplace of the wives of shang kai shek. in the eastern area is a structure built in 1905. one man won the bid to use this land, and has been awaiting the opening of disneyland since 2014. he spent some $450,000 on renovating the old building. >> this restaurant owner had been running a hotel in central shanghai. but having heard about the disneyland plan, he liquidated all his assets two years ago and invested everything in this store. all the cost for maintaining the location have added up to debt. >> his

up on bloomberg best asia year in review, disney brings its magic to mainland china. new park looks like a hit. >> the prospects look really strong. >> this is bloomberg. ♪ hong kong and china have emerged as the top market for the epicenter of the paper league accounting for more than shellird of the offshore company set up worldwide. what is the latest? >> just the significance of the china market in terms of setting up these offshore entities. said, it's almost one third. they set up 16,000 offshore companies. there are relevant political leaders in some cases. it has attracted attention. the most important market in 89 and hong kong, they made good use of their presence here, it seems. bloombergcome back to best. i'm angie lau. we continue with a u.s. company's big bet on china. disney's long-awaited shanghai theme park opened its doors in 2016 amid uncertainty of the strength of chinese consumer demand. -- the $5.5 billion going to roger going to resonate? the $5.5 billion project going to resonate? apparentr became immediately. disney'sw park is first in mainland

. ♪ angie: coming up on bloomberg best asia year in review, disney brings its magic to mainland chinaw park looks like a hit. >> the prospects look really strong. >> this is bloomberg. ♪ angie: hong kong and china have emerged as the top markets for the firm at the epicenter of the panama paper leak. what is the latest? >> just the significance of the china market in terms of setting up these offshore entities. as you said, it's almost one third. they set up 16,000 offshore companies. for chinese and hong kong people as well as political leaders in some cases. it has attracted attention. this is there most important market set up in 1989 in hong kong. they made good use of their presence here, it seems. angie: welcome back to bloomberg best. i'm angie lau. our review of the year of business in asia continues with a u.s. company's big bet on china. disney's long-awaited shanghai theme park opened its doors in 2016 amid uncertainty of the strength of chinese consumer demand. what the $5.5 billion project resonate with china's growing middle class? the answer became apparent immediately.

. >> for those who don't know, before mainland china became communist it was a vacation spot for many folks who lived in russia and so among the russians were jews who came to shanghai for vacationing. it was a safe haven for in many cases eastern european, german jews who came to shanghai to settle. we in the jewish call that as shanghai jews. angel island , so her grandmother came from shanghai to the united states from the pacific rim. fascinating. does she work with the museum on her pieces or does she kind of go off and do her artistic experience and then come to you and say, here it is. or is there artistic dialogue with the museum as she develops something? >> sure. heather has for the past and for this one as well, said i have this idea, contemporary jewish museum, would they be interested if this is the first place i performed this. in all cases, when we got to know her, we said yes. the idea is hers and she creates 8 off-site. but i believe -- she creates it off site. >> so really in some ways the museum in addition to all of the dozens of place to actually create art, not j

recognizes the government of mainland china. it is a breach of diplomatic protocol that many fear could royal beijing. the u.s. sells taiwan millions in military equipment but i should not accept a call. at trump tower, a parade of officials former defense secretary robert gates. >> we would a wide-ranging conversation. >> reporter: gates endorsed the man donald trump wants to be the leader of the pentagon, james mattis. he earned the name of malled dog and -- mad dog. his picks for economic posts, billionaires and millionaires. >> we're trying to get the free enterprise system going again. why not pick the people from the free sprrlz -- enterprise system. >>> official recount vote has done in philadelphia. appears the president-elect's win was not as widespread as previously thought. trump's lead in pennsylvania has shrunk from 71,000 to 49,000 votes over hillary clinton. provisional and overseas ballots with trump's lead goes from 17% to 5% will trigger on a automatic recall in pennsylvania. >>> owls face navy. navy has one of

they separately managed to get out of mainland china and go to taiwan, and they had met briefly on the mainland, and my father-in-law had taken a liking to her so he searched in tie -- taiwan for two years to find her. they got heard, had three daughters can my wife, elaine is is the oldest but he was an ambitious young man himself wanted to do better. so he came to america three years by himself, worked multiple jobs, trying to get start in the shipping business. he had been a ships captain. in taiwan. he wanted to by more than that. and so he -- for three years worked multiple johns to -- jobs to get a start. he called for "late more than mother in law. they came over on a freighter. finally ended up in a small paper in queens. and he kept working, and kept having kids. ended up with six daughters, four of whom have gone to harvard business school, one is a slacker, only a lawyer. and he built a very successful shipping business. and that is the kind of story that you see all across america which is another reason why even in moments when we're frustrated about our attitudes about il

the bulk of the counterfeit goods come from mainland china and hong kong, seized shipments are destroyedand the money from counterfeiting goes where? >> it goes to criminal organizations and some of the proceeds have been linked back to funding terrorist organizations. >> reporter: funding terrorists? >> that's correct. >> reporter: it's a crime is lucrative officers compare it to drug trafficking. kris van cleve, cbs news, carney, new jersey. >> pelley: when we come back, she was famous for being famous. we'll remember zsa zsa gaÁbor. when you have $7.95 online u.s. equity trades lower than td ameritrade, schwab, and e-trade, you realize the smartest investing idea isn't just what you invest in, but who you invest with. you realize the smartest investing idea previously treated withd noplatinum-based chemotherapy, including those with an abnormal alk or egfr gene who've tried an fda-approved targeted therapy, this is big. a chance to live longer with opdivo (nivolumab). opdivo demonstrated longer life and is the most prescribed immunotherapy for these patients. opdivo significantly incr

one-china policy we recognize only the mainland as china. there's another entity called taiwan. the united states maintains its diplomatic reegss with the people's republic but we're able to trade, we're able to sell arms, we have defacto diplomatic interaction with taiwan. this has served everybody's interests. the problem with the phone call, the tweets and so forth it jeopardized this finessing and the question is, is the united states now questioning or challenging what has worked pore several dagds. my analysis is if it ain't broke, don't fix it. this has worked. we've chosen what might be the most existential issue for china. there's no one in china who has any flexibility on it. this could get in the way of their ability to cooperate with us on our agenda. be as if the russians came to us and said we want a good relationship with america. but first give us russia back. we're not going to do it. we have to lay off this, continue the status quo. it's worked for everybody and focus on working with china with again what i'm worried about which is a north korea that can in a c

about one-ninth of mainland china's territory is affected.on pbs newshour weekend sunday, how defectors living in south korea are using american television shows to undermine the regime in north korea. >> ( translated ): if we find that a television drama that we sent has been banned, we know that it has been impactful. >> stewart: a public funeral service was held today in columbus, ohio, for astronaut and senator john glenn, the first american to orbit the earth. vice president joe biden said glenn, who died december 8, defined what it meant to be an american. and finally, the doctor who invented the maneuver that can save you from choking has died. surgeon henry heimlich died today in a cincinnati hospital after suffering a heart attack earlier this week. he was 96. that's it for this edition of "pbs newshour weekend." i'm alison stewart. good night. captioning sponsored by wnet captioned by media access group at wgbh access.wgbh.org >> pbs newshour weekend is made possible by: bernard and irene schwartz. judy and josh weston. the cheryl a

taiwan operates differently than mainland china does. china views taiwan as part of china but recognizes that it has to approach taiwan as an entity that has its own ways of doing things. the taiwanese have agreed that as long as they are able to continue to function with some degree of autonomy that they won't charge forward and declare independence. that status quo, although not completely satisfactory to any of the parties involved, has kept the peace and allowed the taiwanese to be a pretty successful economy and a people who have a high degree of self-determination. but understand, for china, the issue of taiwan is as important as anything on their docket. the idea of one china is at the heart of their conception as a nation. and so, if you are going to upend this understanding, you have to have thought through what are the consequences. the chinese will not treat that the way they will treat some other issues. they won't even treat it the way they treat issues around the south china sea where we had a lot of tensions. this goes to t

taiwan operates differently than mainland china does. china views taiwan as part of china but recognizes that it has taiwan as an entity that has its own ways of doing things. agreed thate have as long as they are able to continue to function with some degree of autonomy, that they won't charge forward and declare independence. , althoughtatus quo not completely satisfactory to any of the parties involved, has kept the peace and allow the taiwanese to be pretty and asful as an economy people who have a high degree of self-determination. understand, for china, the as importantan is as anything on their docket. the idea of one china is at the heart of their conception as a nation. and so, if you are going to up understanding, you have to have thought through what the consequences are because the chinese will not treat that the way they will treat some other issues. they won't even treated the way they treat issues around the south china sea where we have had a lot of tensions. this goes to the core of how theiree themselves and reaction on

>> let's go to the other side of the world to beijing to see how this story is playing out in mainland china. how is china responding to the news of this call? >> reporter: until now nobody has had a clear idea of what trump's policy on china really is, and he has been threatening tariffs, and claiming climate change is a hoax to steal jobs, and this is interpreted as a challenge to beijing where the leadership accepted the status quo in washington and they are blaming taiwan, calling it a petty act on their part, but at this stage they are saying only officially that no -- it will tolerate no country that has any official relations or thinks it can have official relations with taiwan. >> do you get a sense of the reaction coming out of beijing they are writing it off to a newcomers mistake that he may not have had a standing protocol or do you think it could have been a calculated message that donald trump is sending to the chinese it's not business as usual anymore when it comes to the issue of taiwan? >> reporter: taiwan is always a sensitive issue here. beijing has considered it a provin

taiwan operates differently than mainland china does. china views taiwan as part of china but recognizes it has to approa approach taiwan as an entity that has its own ways of doing things. the tawainese have agreed that as long as they're able to continue to function with some degree of taxonoawe autonomy th won't charge that is status quo although not completely satisfactory to any of the parties involved has kept the peace and allowed the taiwanese to be a pretty successful economy and people who have a high degree of self determination. but understand for china the issue of i can wan is as important as anything on their docket. the idea of one china is at the heart of their conception as a nation. if you are going to up end this, the chinese will not treat that the way they will treat other issues. this goes to the core of how they see themselves. the reaction on this issue, that doesn't mean you have to adhere to everything that has been done in the past. that means you have to see it through. and the reaction they may engage i in. i

degree the taiwanese, which is to not change the status quo, taiwan operates differently than mainland china does. china views taiwan as a part of china, but recognizes that it has to approach taiwan as an entity that has its own ways of doing things. the taiwanese have agreed that as long as they're able to continue to function with some degree of autonomy, that they won't charge forward and declare independence and that status quo, although, not completely satisfactory, to any of the parties involved, have kept the peace and allowed the taiwanese to be a pretty successful and xi and of people who have a high degree of self determination. but understand for china, the issue of taiwan is as important as anything on their docket. that the idea of one china is at the heart of their conception as a nation. and so if are you going to upend this understanding, you have to have thought through what are the consequences are, because the chinese will not treat that in the way they'll treat other issues. they won't treat it like other issues around the south china sea, where we've had a lot of tensio

taiwan operates differently than mainland china does. china views taiwan as part of china but recognizes that it has to approach taiwan as an entity that has its own ways of doing things. the taiwanese have agreed that as long as they're able to continue to function with some degree of autonomy that they won't charge forward and dlar declare independence and that status quo, although not completely satisfactory to any of the parties involved has kept the peace and allowed the taiwanese to be a pretty successful economy and a people who have a high degree of self-terms 37. self-determination, but understand, for china, the issue of taiwan is as important as anything on their docket. the idea of one china is at the heart of their conception as a nation. and so if you are going to up-end this understanding, you have to have thought through what the consequences are, because the chinese will not treat that the way they'll treat some other issues. they won't even treat it the way they treat issues around the south china sea, where we've had a

taiwan operates differently than mainland china does. china views taiwan as part of china, but recognizes that it has to approach taiwan as an entity that has its own ways of doing things. the taiwanese have agreed that as long as they're able to continue to function with some degree of autonomy, they won't charge forward and declare independence, and that status quo, although not completely satisfactory any of the parties involved, has kept the peace and allowed the taiwanese to be a pretty successful and -- economy and people who have a high degree of self-determination. but understand, for china, the issue of taiwan is as important as anything on their docket. the idea of one china is at the heart of their conception as a nation. and so if you are going to upend underring, you have to have thought through what are the consequences because the chinese will not treat that the way they'll treat some other issues. they won't even trite the way they treat issues around the south china sea. this goes to the core of how they see themselves an

and rights only the government of mainland china. the call is a breach of protocol that could infuriate the regime in beijing. and in a second tweet. at trump tower on friday, back to transition business. a parade of officials in the cowboy was there, and on the list, robert gates. he endorsed the man president-elect donald trump wants to be the next leader of the pentagon. jameis -- james mattis. the president-elect is promising to build a dream team to get jobs in the u.s. his picks for economic posts millionaires and millionaires. >> certainly, you have big business in there, but we are trying to get the free enterprise system going again. reporter: abc news, new york. andy: more lives lost from the wildfires in tennessee. 13 people died as families forced from the fire return. 1,000 structures destroyed or damaged. lawmakers in the area talked with president barack obama and president-elect donald trump about getting people help. out west this morning a the university of southern california in los angeles. authorities are saying

the bulk of the counterfeit goods come from mainland china and hong kong. seized shipments are destroyed. >> the money from counterfeiting goes where? >> goes to criminal organizations. and some of the proceeds have been linked back to funding of terrorist organizations. >> funding terrorism? >> that's correct. >> reporter: a crime so lucrative officers compare it to drug trafficking. kris van cleave, cbs news, carnie, new jersey. >>> when we come back, she was famous for being famous. bor. that cough doesn't sound so good. well i think you sound great. move over. easy booger man. take mucinex dm. it'll take care of your cough. fine! i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! ah! david, please, listen. still not coughing. not fair you guys! ah! some cough medicines only last 4 hours. but just one mucinex lasts 12 hours. start the relief. ditch the misery. let's end this. oh, that's lovely...so graceful. the corkscrew spin, flawless... ...his

they separately managed to get out of mainland china and go to taiwan. they had met briefly on the mainland my father-in-law took a liking for her and took a search for two years in taiwan. they got married and had three daughters my wife elaine was the oldest. he was ambitious and wanted to do better. so he came to america for three years by himself. he worked multiple jobs trying to get a start in the shipping business. he had been a ship's captain in taiwan. he wanted to be more than that. so for three years he worked multiple jobs to get his start. he called from a late mother and your law and three daughters to come over. they didn't have a a month enough money for an airline ticket they came over on a freighter and they were the only people on the boat other than the crew. he kept working and kept having kids. they ended up up with six store verse, for what to harvard business school and he built a very successful shipping business. you have a that you see across america which is another reason why even at moments when were frustrated about attitud

i can babysit for mainland china! no! i can sell dental floss to the osmonds! listen, you think of something. i'm gonna go in the bedroom and change my clothes, oh...well, in case i do get the money, i'd better practice being a father. hey, here's my little surrogate baby. here we go. [ to tune of "rockabye baby" ] ? finkadoo, hatchling ? ? vee vee oh zohm ? ? finkadoo, hatchling ? ? nee voo voo doo ? ohh...fantastic. i love you so. ell me you had to do that? excuse me, ladies. hi. may i show you some disco records? i'm with the fbi. oh. well, maybe i can show you some police records. i'd like you to look at this photograph and tell me if you've seen this man. wait a minute. this guy was here yesterday. who is he? a creep who kidnaps and sells babies. we were tailing him yesterday. he followed a woman with a baby into this store. oh, my god, that was sally. is he after her baby? don't worry, we're watching him. oh, thank goodness. when he left here, he didn't follow her. he followed some strange-looking man with suspenders... to your house, miss mcconnell. what

they have interest in mainland china and also a fellow democracy in taiwan. ing that china, taiwan, and the united states are concerned about is not escalating to a situation where there could be war there. one of the big conflicts has been about if taiwan was to declare their independence, china would consider that to be an act of war. >> trump is saying we're supposed to be tiptoeing around the idea of a delicate balance, on the other side, china is out there building a huge military complex right out there in the wa water that is not necessarily theirs. >> most of the people in taiwan believe their being bullied by china. now that we have a new president coming into office to reexamine the relationship between the u.s. and taiwan. obviously the u.s. did not support china one's policy. saying that taiwan is part of china. they don't actively support it, but they acknowledge the presence of that policy being in place. i think that trump is trying to send a signal to china saying i know you want to exert your power and influence and dominance in asia, but we h

they are from taiwan, the longest -- largest employer on mainline china -- mainland china.foxconn runs into problems, a lot of benefits they currently get from the chinese government, if they run into problems, we know others in the supply chain like apple and others would face difficulties, as well. emily: if foxconn ran into problems, where else could apple go? this is the company that assembles the iphone. scott: in the short term am a they would be stuck. they would have to figure out a way to solve it over the long-term. everyone in the supply chain is connected to china in some way because, one, china has low cost, labor excellent logistics for the global market, and because of all the consumers in china. it would be a big adjustment. i suppose if they thought it would be a long-term coughlin -- conflict, they would. emily: any idea how other companies are positioning themselves right now, given a donald trump victory? i think most companies are positioning themselves under the table making sure they don't get caught in the crossfire's of a trade war. they're not over

foxconn is from taiwan, the largest private employer in mainland china with 3 million employers.he place where iphones all come together. half a million employees. and so, if foxconn runs into problems, they get a lot of benefits from the chinese government to produce -- if they run into problems, we know others in the supply chain including apple and others would face difficulties as well. emily: if foxconn ran into problems, what would apple do? where else could they go? this is the company that assembles the iphone. scott: yeah, really, they would be in the short-term, stuck and have to figure out a way to solve its over the long-term. over the long-term. everyone in the supply chain is connected to china in some way because one, china has low cost labor the district, and two, because of the consumers in china. it would be difficult for companies to adjust. if they thought it would be a long-term conflict, it would. everyone is taking plan b right now. emily: any idea how other companies are positioning themselves by now given a trump victory? scott: right now, actually, most

the bulk of the counterfeit goods come from mainland china and hong kong. seized shipments are destroyed. >> the money from counterfeiting goes where? >> goes to criminal organizations. and some of the proceeds have been linked back to funding of terrorist organizations. >> funding terrorism? >> that's correct. >> reporter: a crime so lucrative officers compare it to drug trafficking. kris van cleave, cbs news, kearny, new jersey. >>> when we come back, she was famous for being famous. we'll remember zaza gabor. you love the soft feel when you take care of them. and at amopé we love it too. but that annoying hard skin just keeps coming back. and always way, way, way too soon. no matter what you do. amopé presents pedi perfect... a new level of hard skin removal. it removes hard skin thoroughly yet effortlessly and reveals the silkiest smoothness you can rely on. because it lasts, and lasts, and lasts. this holiday season give the gift of long lasting smoothness. amopé. love every step. hey julie, i know today's critic...need a sick day. dads don't take sick

thann operates differently mainland china does. china views taiwan as part of china but recognizes that it has taiwan as an entity that has its own way of doing things. taiwanese have agreed that as long as they are able to continue to function with some degree of autonomy, they won't charge forward and declare independence. that status quo, although not completely satisfactory to any of the parties involved has kept the peace and allow the taiwanese to be a pretty economy andnd -- people who have a high degree of self determination. understand, for china, the as importantan is their doctor. at thea of one china is heart of their conception as a nation. so, if you are going to up and tos understanding, you have have thought through what the consequences are because the theese will not treat that way that they will treat some other issues. they won't even treated that way. this goes to the core of how they see themselves. reaction on this issue could and a thing very significant. that is not mean that you have any have done the past.

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broke off diplomatic relations in 1979 and only recognizes the government of mainland china.s a breach of protocol that experts fear could infuriate beijing. in a second tweet trump said -- at trump tower friday, it was back to transition business. a parade of officials in the lobby even the naked cowboy was spotted. also on the list form defense secretary robert gates. >> we had a wide-ranging conversation. >> reporter: gates endorsed the man trump wants to be the neck leader of the pentagon james mattis who earned the name of mad dog and memorial monk. his picks for economic posts billion airlines and millionaires. >> we're trying to get the free enterprise system going again. why not pick people from the free enterprise system. >> the official recount of the presidential vote has begun in 75 precincts in philadelphia. appears president-elect's win was not as wide as thought. the recount is in response to jill stein. trump's lead in pennsylvania has shrunk from 71,000 to 49,000 votes over hillary. provisional own overseas ballots are being counted. trump's lead goes to 5% i

broke off diplomatic relations with taiwan in 1979, and now recognizes only the government of mainland china. the call is a breach of diplomatic protocol that foreign policy experts fear could infuriate the regime in beijing. in a second tweet, trump says, "interesting how the u.s. sells taiwan billions of dollars of not accept a congratulary call." it was back to transition business at trump tower friday. a parade of officials in the lobby, even street performer the naked cowboy was spotted. also on the list, former defense secretary robert gates. >> we had a wide ranging discussion. chuck: gates also endorsed the man president-elect donald trump wants to be the next leader of the pentagon, retired marine general james mattis. the respected leader earned the nicknames of mad dog and the warrior monk for his tough military tactics and thoughtful the president-elect is promising to build a "dream team" to keep jobs in the u.s. his picks for economic posts, billionaires and millionaires. >> certainly you've got big business in there, but we're trying to get a free enterprise system going again

or at least walked back a little bit the one china policy where we officially recognized main mainland chinaaiwan and the chinese government has american businessmen scared. there is no businessman in america today that knows more about china, been doing business there throughout his career. hank is 90 years old. he has been running aig and star for decades. and doing a lot of business in china. one of the first american businessmen to significantly expand there in the insurance industry. from what i understand, they had a pretty frank discussion about chinese economic policy. whether donald trump agrees with any of this or follows hank's lead, i can't tell you. the two men have not liked each other in the past. trump openly attacked, he attacked hank greenberg on tv with particular business dealings, particularly greenberg coming under pressure from the new york attorney general eliot spitzer at time. they generally don't get along. they did speak and meet yesterday. greenburg's chaperone was millionaire usher, anthony scaramucci inside of trump tower. it is funny, a millionaire, scaramucci

. >>> let's go to beijing to see how this story is playing out in mainland china. some reaction overnight already, and joining us overseas is janice. walk us through the chinese government reaction to the diplomatic faux pas to say the least? >> reporter: this is ringing alarm bells in beijing. they expected there would be a status quo in u.s. china relations and no change in the relationship with washington. also they expected it would be status quo with taiwan. we should not for get in the phone call today, trump congratulated her on her win and that's not such a subtle detail. china long regarded taiwan as a provence, so to have a leader congratulate a so-called leader is seen as a tpraufrontier, and there's thinking going on in beijing. >> do you think there's a chance that the chinese government in beijing will write this off as a possible diplomatic faux pas because of the transition in president-elect trump getting his feet underneath him so to speak on the foreign policy or will the explanation about the phone call be enough to calm the tensions? >> reporte

has had no diplomatic relations with taiwan since 1979 when it accepted mainland china as the sole representativechinese people. newspapers in taiwan ran banner headlines and beijing has launched a for mall diplomating protest. vice president elect mike pence called it a simple courtesy call. income offing chief of staff, discussed the issue on face the nation. >> president elect, had a conversation with the president of taiwan, did he belief he was talking to the leader of a sovereign state in that conversation? >> of course not. he knew exactly what was happening. look, we have a lot of problems to solve in this country. we are not going to solve them by making, believe that people don't exist. this was a two minute congratulatory call. he tacked to president xi over two weeks ago. sure he would be willing to talk to him again. this is not a massive deef yags of our policy. but president trump has made it clear, that he is going to work with china, prc, to make sure that we have a better deal, that we have better trade agreements, and that we do a better job in protecting the american worker. a

two chinese h-6 bombers along with couple escort planes around the island of taiwan from main mainland chinang off and landing from two separate chinese military bases. your thought. >> waiting for 3:00 a.m. wake-up call. already happening. why are they doing it now. because it is reflection of beijing's perception because of eight years of american weakness. i used to ask weakness, reminding them in the 1990s, chinassed missiles and other bombers on the shore across the straight from taiwan and bill clinton sent two carrier battle groups steaming toward the island to show our resolve. you now, i asked people if china did that today, do you think barack obama would respond the same way? i have yet to find a single american who raised their hand. so now, they're doing in effect exactly that. sure we can destroy taiwan because they want to see if they back us down. this is the kind of -- harris: interesting point. >> they're reflected in south china seas, they're building islands. if you want hegemonic china keep doing what we're doing last eight years. kennedy: this is foreign policy weave se

he understands the one china policy, he understands taiwan's relationship to mainland china. at the same time, china doesn't ask permission to do certain things. donald trump won't ask for permission. he'll do what's in the country's best interest. they were calling to congratulate him on a huge win. he takes the call. he wants to maintain a great relationship with all of the world leaders on the earth. >> the allegation in the "new york times" report that there was a quid pro quo, senator dole, the only former republican presidential nominee who endorsed mr. trump for president. he worked hard to get that phone conversation going. that may have been a thank you note, if you will, from the president-elect to bob dole. your reaction? >> again, i am unaware of any of that. when you look at the number of world leaders who have called to offer their congratulations to the president-elect and the vice president-elect, it seems to me, and again, from the readouts we give daily to the press he has been making a steady stream of the calls with countries throughout the world. this was

less than 500 miles from mainland china. were obligated by law to defend taiwan if china attacks them. yes, we recognize the one china policy. trump has said that we will continue to support a one china policy, but all this has done is break with symbolism. it doesn't break with policy. the policy is the same. >> hillary rosen and brian robinson, i'm sorry we ran out of time. thank you so much for taking the time to talk with us. glad to have you here. >> thank you. >> take care. >> you too. >>> not the only surprise, we weren't supposed to find out until next week -- >> uh-huh, but then donald trump told the crowd at his victory rally who he has chose on the be his defense secretary. next the challenge james mattis could face and how he could influence the president-elect. what if a company that didn't make cars made plastics that make them lighter? the lubricants that improved fuel economy. even technology to make engines more efficient. what company does all this? exxonmobil, that's who. we're working on all these things t

contacts must be with mainland china. but we have something called the taiwan relations act that includes the idea that we help taiwan defend itself. that's where these weapons sales come from. the chinese don't like them but they've accepted them over the decades. >> for people who think maybe this isn't a bad idea, putting china a little on edge about what the future holds, and maybe things will be different, and maybe they need to be different in their relations with the u.s. >> well, i think it's the thing if you want to make news, you ought to know you're going to make news. and it shouldn't be inadvertent. if you're going to change a policy of 40 years that's been subscribed to by democrats and republicans alike, you might want to give some thought to it. you might want to do some consultations with people. and you might want to decide whether this is maybe a time to change something. but as far as we know, there wasn't any discussion whatsoever before this phone call. so it does have kind of a look of winging it. a

to reflect on the relationship. >> but recently you faced criticism from some publications in mainland chinasifying away from china at a time of slowing growth. is this true? >> there are a lot of chinese companies who are looking overseas to acquire businesses, but they keep getting shut down by regulators, including yourself. what is the impact for chinese companies in the future? how do they fix this? >> is this frustrating? rishaad: li ka-shing speaking exclusively to and she this year. up next, super mario and nintendo takes orders, but the company is thumbing to its worst month of the year? ♪ rishaad: this is "bloomberg markets: asia." hit at go has delivered the best sales yet. it crews the lucrative consumer voice-activated assistance is something that google and apple can no longer ignore. most viable tech companies are all betting big on the success of virtual assistants that respond to voice commands. the race started with the excellent, powered by a digital assistant named alexa. how many championships has dan marino won? >> zero. >> excellent debuted in 2015, have sold6, amazon

electronic components for the apple iphone are made in taiwan, shipped to mainland china and then shipped to us. there's a lot of worry in the business community about this radical change in policy towards taiwan. >>> the latest tweet from donald trump takes boeing to task. trump a few minutes ago saying boeing is building a brand new 747 air force one for future presidents, but costs are out of control, more than $4 billion. cancel the order. >>> google has a new app for android phones, allowing people to find out where you are. they'll send out a request asking where are you, you can deny it. if you do nothing because you're hurt, sam and laura, after five minutes the location will be sent. here is something every parent has always wanted, they'll tell you if the person's phone is out of batteries and that's why they're not answering. >> why did he hang up on me? >> sounds like you've been through that once or twice. >> there's being in the zone. then there's just being so red hot you're not missing anything. that's what you can say when it comes to klay thompson during last night's war

. >> reporter: last year seizure s jumped 25 percent, almost half came from mainland china. 34 percent from hong kong. clothing, electronics, shoes, jewelry, watches, and purses are counterfeiter's favorite. this time of the year so are toys. >> whatever is popular this season that is what they will try to get. >> reporter: we have seen fake north face, sports jerseys and another favorite of counterfeiters louie vouton bags. >> you have to be cautious how are buying it from. if a price seems to good to be true it probably is. >> reporter: officers say is there so much money from counterfeit goods they compare to it drug trafficking. the street value of that seized cargo container of fake uggs likely in the hills. >> the money from counterfeiting does what. >> it is going to criminal organizations and some proceed have been link back to funning of terrorist organizations. >> reporter: over past decade inter pol has traced profits of fake merchandise back to several terror groups, including al qaeda. so far this year costumes agents have seized more than a billion dollars in goods and th

in mainland china. they did survive in taiwan. and in china itself, the communists took over. and i think up until the death of mao, the most important narrative was not, of course, that of the second world war, but the narrative was of communism. and again, there must be similarities to russia and eastern europe. and so, it was in public commemorations were the various steps of the chinese revolution that were most important. and if many people, if you go to the central monument to war at the tiananmen square, it is a monument to the people's heroes who all look great and overaisle and strong and have weapons. and i think there is an underlying message there that what china didn't want to do after 1949 was commemorate or think about trauma or acceptance that china was a victim. china had proven now that it was strong and powerful. they had kicked out the nationalists they had overcome the americans. it had redressed humiliation dating back to the first opm war of 1838-1842. so, in that kind of iconography and that kind of commemoration, victimization, trauma and so on had no

the electronic components are made in taiwan, shipped to mainland china and put together and shipped out to us. there is worry in the business community about mr. trump's radical change in policy towards taiwan. >>> watch shares of boeing. the latest tweet from donald trump takes the american company to task. trump says boeing is building a brand-new 747 air force one for future presidents but costs are out of control. more than $4 billion. cancel order. that simple tweet pulled boeing shares lower, their overall value fell by a billion and because boeing is measured on the dow it pulled the dow lower as well. it's not entirely clear where mr. trump is getting the $4 billion figure from. the air force has set aside $1.5 billion for two new identical airlines to serve as air force one. >> he is still using his trump plane, right? >> not until he is the president. >>> vice president joe biden is stirring up speculations with comments he made to reporters. biden returned to the senate yesterday to preside over voting on a medical research bill named in part for his son beau biden. but i

electronic components for the iphone are made in taiwan, shipped to mainland china to be put together and shipped out to the u.s. there's a lot of worry in the business community about mr. trump's radical change in policies toward tie wans. google has a new app for its android phone to allow people who care about you to know where you are. someone can ask your location. you can deny the request. if you do nothing because you're hurt or whatever, after five minutes that location will be sent out. it will tell you if the other person's phone is simply out of batteries and that's why they're not answering. >>> the doubt starts at yet another record high despite genuine concerns about the health of italian banks. italian voters said no to reforms and the prime minister said yesterday he would resign. sam and laura, he may be replaced by a populist who used to be a tv entertainer. imagine that. >> where have we seen that play out before? >> there is being in the zone and then there's really being in the zone. did you watch this game last night? klay thompson during last it in's warriors ga

this is pro-democracy and wants a better relationship in contrast to main mainland china which is veryle to us. melissa: initially the press was saying this gaffe clearly nobody briefed him. then i was thinking you didn't watch the whole entire campaign where he complained about china from start to finish. not really surprising first thing he would do is a little something to tweak them right out of the gate. how effective do you think from that perspective? what he is trying to say technically i'm not suppose to do this, i will show you i'm a new sheriff in town and take this phone call, how effective is that? >> i think it is very effective. i don't know if it was necessarily trying to tweak them to assert the u.s. president or president-elect can speak whoever he likes and we'll not be dictated to by the chinese or any other dictatorship. that is important within washington. a lot of bureaucrats, palace eunuchs that make up the foreign policy establishment are in disbelief. they don't like donald trump but they don't realize how much change that the american people endorsed. this is