maybe we will start with you, markus. in other words, they know what they need to do -- are they prepared to do pay the price and take the risk of doing it? >> i think we will see over the next six months. [laughter] ?ho knows th >> i think there is political rhetoric, and it is stronger in addressing this issue than we have seen in a long time come out of the senior leadership. i mean, it started literally the jinping first beingsed the media after appointed general secretary of the party. but rhetoric and actions are two different things. so there is this very important central committee meeting in putmber that will really down some important markers in judging whether there is teeth to the rhetoric, teeth to the types of reforms that you really did an excellent job of describing, enswar. some people, and there have been some commentary pieces written recently about the significance third plan of the central committee in november, comparing it with the third plan 11th central committee meeting back in 1978, which was to

i think markus alluded to this. there's definitely risk moving quickly to liberalized that capital account when of institutional features are not in place. one thing i would introduce into the discussion is, i think opening up foreign investment and financial services is related to opening the capital account that is a different issue. china has rather restrictive system in terms of openness to foreign investment and financial services. it's pretty much the most restrictive of the g20 countries, for example. in general, opening up the finances of the investment and trade strengthens the financial system. i think that the sequencing issue is hotly being debated in china. i think should be debated. i would personally favor opening up financial services. i agree with the point about liberalizing interest rates. china has done a lot. there's room for china to move more on liberalizing interest rates. i would think opening up the capital account would come later in this sequence, but as i said, there seems to be an activ

ondeat wednesday morning.mornin fisher was initially charged inh the murder of high school student markus jones last february. those charges were eventually dropped and he became a witnessa for the prosecution. >>> there was no forced entry. and we believe that mr. fisher r was targeted. our detectives are canvassing the neighborhood and interviewing neighbors and weig are continuingh to solicit help from the community.ity. >> investigators say the state't attorney offered fisher protection, but he declined.deci >>> the new iphone is out, they depo on sale in stores in t less than an hour and people are lined outside of stores acrossst the nation. >> this is midtown, manhattan, everybody, showing hundreds in n line. so i guess, the iphone iss still pretty hot that is what i'm going to say.g to it's the same scene for our area, georgetown and bethesda.bs >> the new phones are already available online.ble sales started at midnight, but lauren demarco joins us now to w tell us more about this. the frenzy is back. >> the frenzy is back. >> it doesn't goba away. >> they got a variety of models

assumed he was fired for the singing but according to the detroit news, at ballpark and twitter, markusxpressed strong feelings about only putting mustard on a frank, only mustard, and some fans thought he got combative when they asked for ketchup. splaints were filed, ancomplaine was let go. >> if someone says, hi, i want ketchup on my hot dog. he says no. >> surely after 15 years, surely, we got to do something. >> he got combative about the ketchup. >> if i'm ordering a hot dog, and i want ketchup and relish, you should just give it to me. >> as soon as he left, i would depo get the ketchup. >> i love that we're putting pug that much thought into this. >> this is an in-depth conversation about getting hot dogs at the ballpark. >> all right, if you are going to be out and about later today, any kind of outdoor activities this weekend is going to be beautiful for you. >> really. >> nice fall weather looking forward to it. starting with later today. clouds and the threat of a few showers here over the next couple of hours as sort of a secondary part of our comes through early this morni

the victim identified as fishers was a witness in the murder of markus jones the high school student was killed outside of a house party last january? fort washington. fisher was originally charged i the murder but these charges were dropped and he became a bea witness for the prosecution. >>> there was no forced entryed and we belief tha believe that r was targeted.s the detectives canvasserred the neighborhood and interviewed neighbors and were cubbin contio solicit help from the community. >>> the state attorney's officei offered fisher protection which hectio declined. >>> another big story we'rey following tonight, someone woke up this morning $400 million mil richer. last night's winning powerball ticket was sold at a service station at south carolina. the winner took home a cash option of $233 million. that's a lot of money. the lottery winners are not required to be named publicly in south carolina.sout >>> well, we can all use a little more good news, couldn't we? we found some in boston with a connection to our area. our a man found a bag with a lot of cash. he returned it

. >> next, markus rodlauer, chief of mission in china for the imf. he took part in a panel show in the current chinese economy is not sustainable with weaknesses in the areas of local government debt, the financial sector of real estate. other people on the panel include former world bank country director for china, david dollar and morgan stanley asia chairman, stephen roach. [inaudible conversations] >> a source of intrigue, interest and to some extent, mystery is the second-largest economy in the world and the largest to world growth with enormous interest about what's in china not within the country, but around the world. this morning we have an extremely distinguished panel here to help us with the issues. on my left is markus rodlauer, deputy director at the imf and also the imf mission chief to china. marcus has studied not just economics, but also a lot in international relations, which makes him perfectly suited to help us figure out not just is happening at china's economy, but also the broader implications for the world may be. on my right

and let's say good morning to to noa a h markus. >> i love it. >> she is ready to go out. >> apparentlym says, in fact, he is about to go out to the farmers market.marke >> oh, good, good. >> he is really cute. >> he is super cute. i love that little outfit. >> is that a one piece or a twoo piece. >> it looks like a warm up suit. happy baby. oh, my goodness, you know holding that baby today would make me feel so much better. >> really. need is a little cuddle time with a baby like that. >> that's a good antidote. >> what is so funny. >> it was more convincing when allison said it. i >> it's true. >> he is sweet. you are a sweety pie. your family is on lucky. >>> we love to mening, and thanks to you andme your familyy love your mile, keep smiling every day. and click on morning, here ishee your morning weather, the outfih ise perfect, noah. you want a long sleeve shirt and maybe a jacket. 67 in washington, 55 this wash morning in new york city.w rk you can see no extreme cold, sort of seasonably cold at this hour across the mid-atlantic. m- you can look north and westh and there, the gre

>> did you get the invite at neiman markus? >> were they good? >> i think they looked extraordinary. i think you'd look good in a cashmere sweater. >> judging from the last sweater experience, i don't know if you want to go down is that road. >> that was green. that was kelly's sweater i had around my neck. >> the chinese communist, celebration of north korea. >> it was a deputy dog hat, at the conrail meeting -- >> we'll have to find the video. >> it was blowing in the wind and it was minus 20 degrees. i looked like deputy dog. >> you were a trend setter. >> i was. >> no one ever trended again. >> that trend has yet to occur. >> talking about trends and talking about high flying stocks and ip multiples that stay strong, kindle revealing two tablets with faster and lighter versions than previous generation. and also a may day button, an online help feature. >> jeff bezos spoke with our jon fortt. >> we don't make money when people buy these devices. we want to make money when people use our devices by buying kind kindle ebooks and movies and tv s

what we start off is with a presentation by markus. tell us about the main findings of this year's annual report that the imf writes on china. that will give us a basis for discussion and bring in the panelists and leave some time at the end for questions and answers. to begin with, markus. >> good morning and thiewng brookings for fighting us here. thank you to eswar for agreeing to be on the panel. before i start, i would like to acknowledge what they have done china and china, of course, is a team effort. all you see or hear today you see our report published on the website. steve is the head of the china division, and -- [inaudible] the main message of report this year. a lot of concern early in the year potentially in china. remain confident that the growth has been moderate. we don't see a major risk of a sharp imminent decline of growth. hard landing in china. at the same time; however, vulnerabilitieses have been growing for years. they have continued to grow over the past year. if you compare it to last year's imf report you w