. >>> taiwan has unveiled a report on its new defense strategy. it says the island will strengthen its defense capabilities to counter china's growing military. the document says beijing has been increasing its defense spending year after year to rapidly modernize its equipment. it also says china has not abandoned the possibility of using force against taiwan. the report adds that the country already has the capability to blockade taiwan and take control of outlying islands. a taiwan ease defense official pledged on thursday to introduce new armaments. >> translator: we'll introduce a new type of stealth fighter jet that can take off and land vertically. we also aim to push the construction of domestically produced submarines. >> the report notes beijing maintains an advantage in military preparedness and is stepping up military threats using fighter planes and vessels. it is the first such report since the president was sworn in last may. the document is evidence that the administration will quickly review its defense strategy. >>> a cover up in

taiwan effectively controls tai ping island. taiwan's coast guard says the three-day exercise has been under way since wednesday. the island is about 16 00 kilometers from taiwan. a spoke has issued a strong statement against the drills. last november taiwan invited the media to a maritime rescue drill. tai was trying to stress that the island belongs to taiwan. pulling up stakes and preemg to move abroad. the united states is a popular destination, especially because it's keen to attract immigrants with money to invest. now talk of changes to u.s. immigration policies has some chinese rushing to submit application before the door is shut. here's our report. >>> five, four, three, two, one. >> about 200 people who want to obtain u.s. residency have gathered here. the event is organized by a firm that helps people wade through the procedures. >> i have spoken with them several times, so was ready to sign a contract. >> she's a former u.s. immigration official. >> we don't know if -- i'm sure you'll be guided to make a good decisi

the central bank leader of taiwan says he does not affect it to reach taiwan.ains today at 30 spots. headed in the other direction, two-weekalling to a low, 1140. we have a lively day for the dollar yuan. one of the most vulnerable currencies given this risk policy trade from trump. take a look at the yen, trading at a two-week high. the dollar-yen has perhaps stalled once it hits when 15 on corporate loans in tokyo. -- it hits 115 with corporate lows in tokyo. in malaysia, the central bank out later this afternoon 3:00 p.m. local time. bloomberg economists are forecasting a hold. we had consumer prices rise the fastest in january in malaysia over one year. the central bank of southeast asia facing those price pressures, putting them on watch after years of policy easing. host: thanks for that. we have some live pictures to show you. this is the taiwanese central bank governors speaking now. he is talking about currency. there has been speculation that taiwan will come under pressure potentially being labeled as a currency manipulator under the trump administra

[speaking chinese] >> there is only one china in the world and taiwan is part of china. this is a fact, recognized the principlean important enshrined in a series of international documents including u.n. resolutions. there is no basis in international law for the taiwan region to establish or maintain so-called diplomatic relations with any country. since such relationships have no legitimacy, surely they have no future the taiwan authorities should clearly recognized this major trend. block the eventual and complete reunification of china. [speaking chinese] chinese]ing adopteddent trump has and america first approach and his policies are quite isolationist and populist in nature. people say this will hand china an opportunity to assume global leadership and the president said china will work with the international community to build a just and equitable new world order. will china step up to a globe or -- global leadership role, and what is china's view of the existing international system? >> [speaking chinese] >> i think your question comes down to whether china wil

we support the people of taiwan. we support their continued self government independent of china. now, on the subject of russia, the media loves to comment about what president trump has said about vladimir putin and about a variety of other things in that relationship. what they leave out, typical of the political mainstream press because they can't handle substance, they leave out substance. so let's look at what president trump has already said about our relations with russia when it comes to the disastrous arms treaty. he said this is a badly negotiated one-sided treaty that gives russia a decided advantage that we didn't have to give away, but which the obama administration did. i think having made that analysis, the next step in the bilateral relationship with russia is for this administration to ab ro gate the new start treaty so we have a nuclear deterrent that's equal to our needs to prevent future conflict. that would be a signal to vladimir putin. while we're on the subject, you may have noticed that russia has again violated the 1987 inf treaty which limits intermediat

placed taiwan on a watchlist in october. bank said it would maintain order in the currency markets in the event of excessive volatility. donald trump campaign on a hard line against china, but his mostion has awarded the rich people. they have increased their wealth by more than 13% since the election. that tops and gains in any country outside the united states including russia. billionaires have seen their wealth shrink by 5%. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am ramy inocencio, this is bloomberg. shery: we are seeing markets across asia tearing back some of the earlier gains, the nikkei up only 0.9%. let's get the details from juliette saly who is following all of the markets. it is whether or not you believe we are seeing a rally coming off of the back of the trump trade or whether it is because investors are proud of the fact the u.s. can withstand a rate hike this month on the back of their comments. we are seeing some strong buying. japan looki

state minimum for internal affairs and communications visited taiwan over the weekend to take part in promotional event for tourism. sources say he was the highest ranking official to visit taiwan since japan severed official diplomatic ties with taipei in 1972. details remain unclear on negotiations to end a travel ban between malaysia and north korea. the two sides have prevented each other's citizens from leaving their respective countries. the ban began after kim jong un's half brother was killed last month. following the incident some staff members of the malaysian embassy and their families have not been allowed to leave north korea. malaysian deputy prime minister said the government would provide an update on monday, but that didn't happen. some local newspapers reported the two countries agreed the body of kim jong nam will be handed over to north korea. one of the sticking points in the negotiations. the reports also said both sides agree that three north koreans under malaysian police investigation will be allowed to return to their home country. two of their names were on

. >> in man of 2015, taiwan was innocent victim of drive-by shooing that left him paralyzed from the he would never walk again, well, thanks to riley hospital for children, a lot of physical therapy and a lot of determination, as can you see, taiwan has the odds and he has taken the first steps since the accident. he still has a long way on the road to recovery, but for him, this is a tremendous feat, so way to go, taiwan we're all rooting for you. ♪ ♪ ♪ ♪ >> give it away now. ♪ give it away now ♪ give it away ♪ give it away now ♪ ♪ ♪ ♪ [laughter] bill: pretty good. reporter: forget madison square garden. fans thought they were going to get the red hot chili peppers in intimate stadium. the men with the shirts off drenched in sweat, looking all sky, up and down, that is what the fans thought they bought tickets to at the theater in staten island. this -- ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ the red hot chile pipers nstrument, ad. bagpipe. what is going on here? people can't read? eye guess some people have a hard time reading. dari: am glad you said that, right? reporter: right. he said every day since

i want to look at when the big movers in taiwan.an semiconductor has passed inte a intel,, ay -- beneficiary from some of the change in strategy. #6996 here on the chart. looking at the futures board for chinese and hong kong shares. we do have numbers for the developers,ese soa china resources, expected to show slower growth. we will get the results from tencent, cheung kong properties, and ck hutchison. rishaad: thank you for that. back to sydney, paul allen on standby with first word news. paul: rish, u.s. supreme court nominee neil gorsuch says he would not hesitate to rule against donald trump if the law required it. he said the constitution has many protections for religious minorities. he told his senate confirmation hearing that he has made no promises about how he would rule on any issue. >> no one in the process from the time i was contacted with an expression of interest to the time i was nominated, no one in that process, mr. chairman, asked me for any commitments come any kind of promises about how i would rule in any k

a human rights group in taiwan says the maybe follows human rights issues in mainlnld chini. china has halted dialogue with taiwan because of the president's refusal to acknowledge the one china principle. former president park geun-hye will attend a court hearing thursday to decide whether she should be arrested over a major corruption scandadal. parkrk is likelyo denyy all allelegations includingng her collllusion with longtime frien to extort tens of billions in bribes from conglomerates. prosecutors asked the court to issue arrest warrant monday saying park could destroy evidence if she's not in custody. a small conservative party in south korea has chosen a candidate to run if the upcoming presidential election. >> translator: the conservatives are the only ones who can protect this country. >> the bareun party selected yahoyoo seong-min. when the corruption scandal group yoo and dozens of others left the party and formed a splinter group. yoo is riding low in the polls. the focus is whether he can convince his former party to choose him as a unified candidate. the conse

taiwan opening up. this will be an interesting marketwatch. lot of earnings coming through, the currency is on a tear. there is influence into taiwan. there we go. here is your index. taiwan.the inflows into you are looking at a six-month chart. are accumulation in inflows, 5.6 billion for taiwan. that has led to currency strength. the best quarter for the taiwan dollar in nine years as we flirt with this 10,000 level here on the index. at some point, the good thing becomes the bad. yet, we will leave it there. haidi: i will take it from here. let's get the first word news with paul allen. the japanese prime minister has criticized toshiba saying he can't see who is in charge. he said toshiba needs to sort itself out, although it is impossible to know the size of the task without confirming the loss at the westinghouse unit. he added that toshiba must improve its finances over the long term and says he does not see the company going bankrupt. china confirmed that president xi jinping will meet president trump next week in florida, saying it wi

the taiwan authorities should recognize this major trend. no one and no force can block the eventual end complete unification of china. >> [speaking chinese mandarin] interpreter: president trump has adopted an america first approach and the policies are quitepulp of theseare quite isolationist and populist in nature. people say this will hand over an opportunity to assume global leadership. they will work with the international community to build a just and equitable new world order so will china step up to the global leadership and what is the view of the existing international system? >> [speaking chinese mandarin] interpreter: i think the question comes down to whether china will displace anybody as a global leader and first, china believes in the quality of all countries. we don't just believe some countries should lead other countries. second, the un as the world's most authoritative and equitable organization should effectively play its role of coordinating international affairs according to the principles. certainly, rather than talk

the taiwan authorities should recognize this major trend.no one and no force can block the eventual end complete unification of china. >> [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] >> translator: president trump has adopted an america first approach and the policies are quitpulp of theseare quite isold populist in nature. people say this will hand over an opportunity to assume global leadership. they will work with the international community to build a just and equitable new world order so will china step up to the global leadership and what is the view of the existing international system? >> [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] [speaking chinese mandarin] i think that china is whether they will displace anybody as a global leader and first, china believes in the quality of all countries. we don't just believe some countries should lead other countries. second, the un as

i still appreciate his phone call with the president of taiwan.ration is committed to the one china policy. that's why there's uncertainty for the trump administration and that's why i would have more expectation in legislation rather than the administration. you say, i'll have some hope of getting support from legislatures, but you're not getting support. in material terms, since you launch your umbrella protest, and now you have your own new party and now you have your own new party and a handful of representatives in the legislative council, tell me, in material terms, what level of support you're getting from around the world from governments and legislatures. we have to push forward to help the democracy movement in hong kong and in the uk we are questing and arranging a hearing in the parliament. in the us, as you mentioned, there is a cross— party us, as you mentioned, there is a cross—party bill which is called the hong kong human rights and democracy act and what we hope is it will be a starting point for the umbrella movement generation

the implications being he was going to use taiwan as leverage to force the chinese to do better on tradexi jinping responded to that by essentially freezing all contact with the united states. he told all his ambassadors, all the foreign ministry, don't deal with them on anything, whether it's north korea, whether it's iran sanctions, whether it's u.n. peacekeeping, nothing, until we get clarity on whether donald trump will personally affirm the one china policy, which is what the chinese want to hear, that taiwan is essentially part of china. well, trump had to buckle. trump had to cave. and he called xi jinping, affirmed the one china policy. so i think xi jinping goes into this meeting feeling pretty good. round one clearly went to him. >> moving from that to russia, you have a documentary that's airing this evening. let me just play a clip. vladimir putin, "the most powerful man in the world." take a look. >> the country quickly fell in love with vladimir putin. the number one song in russia was called "a man like putin." >> he's just very -- he's full man, you see. >> but the bigges

it moved to taiwan from mainland china following the end of japanese rule. tsa indicated she would set up an independent body to investigate the crackdown. >> translator: we will resolve the issue of who was responsibility for the 228 incident. >> reporter: she referred to a proposal to make changes to a memorial hall dedicated to chiang kai-shek who was the leader at the time. the president said she hoped all parties will look back at that difficult time with a sense of humanity. nc ncht. >>> let's check on business headlines. the dow industrial average snapped a 12-day winning streak. let's hand things over to the business desk. how is tokyo reacting this morning? >> we are seeing investors buy here in tokyo. people here are counting down to trump's speech and waiting for details on his promise of phenomenal tax reform. the investors main cue is coming from the u.s. federal reserve. some policy makers spoke favorably of an interest rate rise. the dollar jumped and the nikkei jumped on that. it's trading higher at 19,312. all sectors opened higher. major ex

we received over 2,900 entries from 46 states plus the district of columbia, singapore and taiwan. students competed for the chance to win $100,000 in cash prizes in first, second and third place categories. log on to the website 30 minutes before the big announcement to view all winning documentaries at studentcam.org. be sure to watch the announcement of the grand prize winner. wednesday, march 8th on c-span. >>> the chair of the japanese conservative union spoke at the recent conservative political action conference in washington. he talked about the impact of the 2016 u.s. presidential election in japan and throughout the world and his organization's plans to host the first japan cpac in the fall. >> hello, cpac. >> hello. >> thanks to dan snyder. i could come back here again. i'm so honored -- thank you. [ speaking a foreign language ] >> last year right here in front of you i promised to work on creating the strong, conservative government in u.s. and in japan. >> translator: last whole year, you kept fighting and also i kept fighting as the other side of the earth. last year

. >>> the legalization of same-sex marriage is being hotly debated in taiwan. a constitutional court has heard arguments on whether it's unconstitutional for the island's civil code to state that marriage should be between a man and a woman. a panel of 14 grand justices heard from a gay rights activist and legal experts. the hearing was aired live on the internet. one man told the panel the current law is unconstitutional. he said there is nothing wrong with same-sex marriage. protesters outside the courthouse said the law should not be changed without obtaining a common understanding among the public. taiwan's parliament is debating amendments to the civil code to legalize gay marriage. the court's decision is expected by may and could affect how lawmakers reach a decision. >>> south korean authorities are preparing to transfer the sewol to a port. nearly 300 people died when the ferry sank three years ago. the oceans and fisheries ministry announced on friday that vessel had been raised and had been lying at a depth of over 40 metres. work to lift it started

the bank of taiwan has moved, as expected. keeping its key rate at 1.37%.e meeting, the governor mentioned there dollar has binned stronger despite the fed move. asian central banks not expected to raise right now, except for one, the philippines. you got it right. they will be giving their decision hours from now. there isoing on there, rising inflation and some concern over that. 21 economists surveyed by bloomberg, two say there could be a rate hike. this is something to watch very closely. probably they do not raise rates but inflation rates are rising. that is what people are looking for. yvonne: it seems like markets have ignored some of the hawkish talk we have heard from laura messner and other fed speakers. will janet yellen change that? kathleen: we shall see. i think she will be on board. she agrees with the fed consensus for three rate hikes during 2017. in a speech today, three rate hikes seemed reasonable to him. it seems reasonable a former fed vice chair said he sees the possibility of four hikes this year. >> i think it is very much a possi

singapore -- taiwan. win first,mpeted to second, and third cash prizes and second categories -- multiple categories. theure to watch announcements of our studentcam 2017 grand prizewinner, wednesday, march 8 at 8:00 a.m. eastern on his bed. -- c-span. american history tv is featuring san jose, california. in 1943, the international business machines corporation, or ibm, open its first wet coast manufacturing the silly -- west coast manufacturing facility in san jose. learn more about san jose all weekend here on american history tv. right now we are in the revolution exhibit in on view, california. behind me are a 1000 artifacts that tells the history of computing, going back 2000 years or 80 it is late and you 19 galleries, each one of which focuses on a certain theme or object from the history of computing. for example, one of the themes is real-time control, so here we look at things like pacemakers for hearts. these are computer systems that ones that can not crash once in a while. a pacemaker crashes

plus the district of columbia, england, germany, singapore, and taiwan. and now we're happy to announce our first place winners. in the middle school category, the first prize winners are 8th graders molly dower ty, cam din lewis, and ava decker, for their documentary, u.s. gun violence, a complicated puzzle. the first place winner for the high school east category is 11th grader matthew gannon from beg gonzaga college high school for invisible which deals with homelessness. he won the fan favorite contest also. he'll receive an additional $500. in the high school central category, our winner is 12th grader jared clark from royal oak high school in royal oak, michigan, for his piece enough is enough, dealing with pharmaceutical pricing. and our student cam first prize winner for the high school west category, is 9th grader arundathi nair from wyoming for, her piece, fossil fuels to renewables, the challenges of transitioning. congratulations to our winners. thank you to all the students and their teachers for competing and making this year's student cam c

almost 3000 entries from 46 states and the district of columbia, england, germany, singapore and taiwanwe're happy to announce our first face winner. in the middle school category, the first prize winners are eighth-grader molly doherty, camden lewis and david decker from west grant and intermediate school in scranton, pennsylvania, for their documentary u.s. gun violence: a complicated puzzle. in the high school category, 11 greater matthew from gonzaga college high school and invisible, d.c. for which deals with homelessness. matthew also won the fan favorite contest and will receive an additional $500. in the high school central category, or when is 12 greater jerrod clark in royal oak michigan for his piece in enough is enough, dealing with pharmaceutical pricing. and our studentcam first prize winner for the high school west's ninth grader from larrabee high school in laramie, wyoming, for herpes, also fuel the challenge of transitioning creates ui to students and teachers for competing in making this year's student cam competition for success. the top 21 winning entries will air o

we are seeing the taiwan dollar do well since the start of this year. these are not as sensitive to currency -- u.s. currency movements, it is because we have this reflation story that is very much part of that. if we were to see a fed move in march and dollar strength would look to be in currencies like dollar korea, dollar taiwan on the back of a reflation story we think entire the next one to two quarters. we have seen an increase in trade tensions. at this stage the reflation story will dominate markets in the short term. yousef: jonathan, this shows the spread between two-year and 30 year. i have highlighted that for you. a strong indicator about how the market feels about economic growth in the united states. where do you see the dollar heading from here in the short-term? >> that is a good question. i think generally the dollar should be doing quite well against some of the funding currencies. we have seen political uncertainty see -- rise in europe. we cannot have this kind of move into year yields in the u.s. without positive spillover. the dol

and the chinese markets, china and hong kong, taiwan, a touch higher.decision from taiwan‘s bank. the us has gone down a bit over this indecision over healthcare allah sees. thank you very much, rico hizon. —— policies. other news now. us telecoms firms at&t and verizon have withdrawn all non—search advertising from google, as have car rental company enterprise and pharmaceutical giant gsk, according to the times newspaper. an investigation by the times found major brands were appearing next to youtube videos promoting extremist views, generating revenues for the creators. the uk—based investigation led more than 250 brands to pull their advertising. the company has apologised and promised better tools for advertisers. volkswagen will return to the unsecured bond market later when it tries to raise as much as five billion euros from investors. it‘s the first such bond issue since the diesel emissions scandal which has cost the company more than $20 billion in fines in the us. let‘s move to the world of tech now. and unmanned aerial vehicles, or drones,

that market outperformed, including taiwan.t 30 minutes of trade for the morning session, what are we doing on the hang seng index? 23,836, there we go. view for a lot of us who don't have the privilege of seeing the view from the top. we are looking at total you, the morning session come a few minutes until they rio pen minutes away from the reopened and the japanese capital. more next. this is bloomberg. ♪ live-stream your favorite sport at the airport. binge dvr'd shows while painting your toes. on demand laughs during long bubble baths. tv everywhere is awesome. the all-new xfinity stream app. xfinity. the future of awesome. >> it is 11:20 nine in hong kong, 12:29 in tokyo. the justice department once more time to verify president trump's unsubstantiated claims that his predecessor tapped his phone. president obama denies the accusations, and intelligence officials from the time say they have no evidence it happened. sean spicer backpedaled on the president's accusations, saying wiretapping could mean surveillance of any ki

kl adding to gains, and taiwan rising, snapping a three-day drop.ilience,howing but take a look at southeast asian currencies, not finding their footing. the malaysian ringgit down .1% against the dollar, and the tahi baht slipping ahead of the rate decision out of bangkok this afternoon. let's look at the bonds and commodities space, some caution here. we do have the dollar extending its overnight gains, treasuries continuing to fall, aussie and kiwi bonds tracking those moves and u.s. notes, gold holding, higher by .2%, and wti topping $48 a barrel. citigroup saying the oil market will tighten in the second quarter and sees opec cuts extending into the second half of the year to support prices. we will take a look at the index to see how that is playing out in the equity space. energy producers climbing in a jet thanks to that advance and oil. utilities leading the charge. this after one company was able to win a court ruling to restart two different reactors. that is giving a nice boost to stocks in that space. health care stocks on the decline a

entries from 49 states including the district of taiwan., they will compete for 100,000 dollars in first, second, and third lays categories. you can log onto the website 30 mites befe the annncement to view al150 wiing studentcaorg. be se to wch the nouncementf the winner wednesday, march 8, 8:00 a.m. eastern on c-span. last night the bipartisan policy center presented former vice president joe biden with their annual congressional patriot award, which wrecking rises political courage and leadership. after receiving the award vice president biden talked about the current climate and donald trump's relationship with the media. this is 45 minutes. .

materialised yet, so we have seen especially north asian equity markets, stock markets in china, taiwanally quite a bit. we are still thinking these other regions investors should look at when talking about asia. very briefly, what are some of the risks in asia, closer to home? so protectionism is one of the key risks. we are not really talking about political risks any more but detection is in the form of trade restrictions could be one of the key risks looking forward. rising stress levels for our children are being blamed on all sorts of issues, from headaches to anxiety attacks, even suicide. aligned with this has been the rise in demand for classes teaching kids meditation and mindfulness. for the final story of how business of kids series, we found out more about this growing industry. when i came to the meditation lesson, it helped me so much. it was what we don't know is that there are thoughts running through our head every day, so fast, and a majority of them might not be positive. let mac i have learned how to become, understand situations deeper, so i don't have to get so an

robert white iser says he wants the united states to promote a stronger bilateral relationship with taiwanresponse to questions from senators. theaid he wanted to look at negotiations with taiwan and address long-standing problems for certain products. a former irish republican army commander will help negotiation piece in -- who helped negotiate peace in northern ireland is dead. he took part in terrorist activities during the time known as the troubles. he became the chief negotiator for the ira political launch. he became the definitely -- deputy leader of the power-sharing government. a new report says cash flow through russia when 3-a monocle and uttering -- went through eight money laundering network. the largest review documents indicating $20 billion was moved out of russia and a four-year time span. citigroup, bank of america, hsbc and ubs were included. citigroup is continually taking steps to improve systems for detecting illegal transactions. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am mark crumpton. this is bl

in taiwan, the assassination has triggered an unprecedented turn of events. programs, the missile it will be addressed as we will have in-depth discussions on ways to guide international collaboration regarding these over all known korea matters. the government in a bid to counter the threat is a different dimension from the past has been pushing for the human secretary deployment. this is attributed to the north nuclear missile threat and does not target any specific countries. this has been a clear position to safeguard national security and people. and measure was taken as a defensive one. both of our governments will respond bilaterally and on the global stage with clarity and resoluteness. welcomesn government the trump administration's announcement to engage asia in its commitment to the r.o.k.. stated theimself alliance would be made even stronger. i am appreciative to bolster that and we are committed to maintaining our relationship with u.s. and the coming years. i have no doubt that this meeting today will mark another milestone in developing our co

san jose, palo alto, fremont, morgan hill, half an inch taiwan inch. along with the rain we're tracking. above 6,500 feet, one to two feet of pretty sure powder will be falling, expect traveling delays in the area. accuweather seven-day forecast, going to show you the pattern turns active tomorrow. scattered showers, thundershowers on tuesday possibly. keep the chance of a listeningering shower on wednesday. thursday is dry. friday, that's where we see widespread rain, a strong storm and winds certainly pick up along the coast. >> it's been that kind of year. why should we expect it to stop now? >>> ncaa tournament suffered a couple bracket busters today. duke upset by south carolina tonight. earlier today louisville, the second seated in the midwest region upset by michigan. cardinals looking for a sweet trip to the sweet 16. lots of turnover here, dang, michigan's wagner, a career high 26 to lead in the second half. 73-69 victory will take on oregon and wagner on the upset. >> i just let the game come to me. don't force anything. and see what happens

really like to do is to thrust china into a world along the lines of the way south korea did, or taiwanext generator of... the new computers, the new apps, the new hi—tech goods that the world is going to need. and to do that, big changes are needed here. and is there any other key elements that they have said so far, oi’ elements that they have said so far, or revealed so far, that could affect the chinese economy in the coming year? well, you also mentioned the need to change soes and the role they are playing. it has been a slow change there, because people who watch china will know that steel, televisions, all these big industries, they are all still controlled by state owned enterprises and some would say that thatis enterprises and some would say that that is fine. itjust depends what you want to achieve in your economy. but there have been problems with, for example, they are trying to crack down on what is called shadow banking because there is a big problem with debt. now, these soes that i mentioned get preferential treatment in terms of loans from banks so smaller enterprises

received over 2900 entries from 26 states, plus the district of columbia, england, singapore, and taiwan. students competed for the chance to win $100,000 in prizes. you can log onto our website 30 minutes before the big announcement to view all 150 winning documentaries. theure to watch announcement of our 2017 grand prize winner wednesday, march 8, at 8:00 a.m. eastern on c-span. >> all weekend, american history tv is featuring san jose, california. aaff recently visited showcase of the city history. in 1943, the international business machine corporation or ibm opened its first west coast manufacturing facility in san jose. later, the city was dubbed the capital of silicon valley. learn more about san jose all weekend here on american history tv. >> james lick was a wealthy businessman.

a phone call with the president of taiwan against the u.s. one china policy and the way he conducted himself with merkel today. convince me that that matters. convince me the violations of protocol, the bull in the china shop, the awkward cringe-inducing joke about an incredibly sensitive moment in the u.s.-german relationship, that that means more than just aesthetics. >> i think what matters most here is credibility and when the president does this tweet, not only accusing the former president of the united states of being a felon, which he's, of course, not and there is absolutely no evidence to support what the president said, so that's bad on its own terms but in diplomatic terms, in terms of our standing in the world it undermines the president's credibility. so when he has to say we really do have a serious situation in north korea president xi and we actually have to do something or he tweets as he did today about north korea and people begin to wonder what's real, what's not real, what should i believe? what should i not believe. >>

the korean won being favored as well as the taiwan dollar.t was the second-best performer on thursday. -- inys study growth on good for the economy, and the japanese yen is slightly weaker against the dollar, but it is still holding steady, and we are seeing the dollar-yen perhaps dropping below to $1.12 there. this is how markets are playing out in asia. ? yvonne macro yvonne: -- yvonne? yvonne: they, sophie. following so -- thanks, sophie. following tillerson on his tour as he goes to sold here today, and what is his new approach to pyongyang now? trying to finden a new approach to this situation in the korean financial of for so many years, and rex tillerson coming and saying they do need a new and different approach, but he was very short on specifics, actually no specifics. we are left at a guess. but his comments were interesting because it points to what has long been the concern for him beijing and the concern from pyongyang that washington kim regime,ple the whichever kim that might be that is sitting in the throne in pyongyang. the

he took a call from the leader of taiwan and said, maybe i'll upgrade relations with taiwan. is a strategy, fine. the that is useful leverage. there was no strategy. it was impulse. the chinese leader said, i'm freezing all contact with the united states until trump apologized and reverses himself. trump had to call xi jinping and reverse himself. why? because the original move had never been thought through. i worry about in a number of these cases accusing the british government on spying on you. has anyone thought this true and thought about the next time we need the cooperation of the british government. the british government said this is ridiculous, nonsense, pay no attention to it. i can't remember the last time the british government has said that about a white house position. >> thanks so much. a lot to look for. republicans leaders have set a date to vote on the bill to replace obamacare. what they have done to win over republicans who are still holding out. ♪ energy is amazing. how we use it is only limited by our imagination. and at southern company we're building

seaworld will provide support for developing theme parks in china, taiwan, hong kong. and twitter is reportedly interesting a paid subscription option. the social media platform is conducting surveys to assess interest in an enhanced version of its tweet deck aimed at professionals. >> had reimbursement for the ten with us glucose monitoring system. the u.s. senators clarified criteria of the device yesterday on the nuts the company is up to 82.62. moving the other way, u.s. concrete said the cfo will resign and the company is replacing grant thornton as its primary accounting firm. additionally on, behalf shareholders, whether the officers or rt directors have engaged in securities fraud. all of this adds up. the shares closed at $60.80. >>> this week's market monitor is finding opportunities in some big tech names he says are leading the way in cloud computing and mobile advertising. and they could see it rise. he is the ceo, tim, welcome barks, ni back. microsoft is number one. a very large cam company. >> it is. microsoft missed some of the moves, some of the movem

as you say that all took place simultaneously with his flip-flop from pro-twooi taiwan saber rattlinghina policy. that is exactly what the constitution prohibits. i know it may seem incredible that you have a president who is acting against the plain text of the constitution, but it very clearly says no presidents or emoluments. that means anything of value. this is contrary to the emoluments clause. >> the chief legal for the trump organization said this is all part of an ongoing process of registering trademarks in china. he said the latest registrations are a natural result of those long-standing diligent efforts. any suggestion to the contrary dep mon straights a complete disregard of the facts as well as a atlantic understanding of international trademark law. if you look closer at that statement, it seems to apply the trump organization is looking to do business in china despite a promise from the president's lawyer there would be no new foreign deals during his time as president. >> that's exactly right. 38 new trademarks today alone. and one thing that is noticeably missing fr

taiwan semi is the only one i feel comfortable with. linda in florida, linda. >> caller: hi, jim.o happy to talk to you. >> same. >> caller: i've listened to you since your radio show. thanks for all you've taught me. >> thank you. >> caller: i want to ask you about what you think of a company that's the ups of china. it's fast-growing and cheap. it's called zto express. >> no, i don't like it. haven't liked it since it came public. if i want to be in that space, i'm going to say i'd rather have xpo logistics or fedex, which is doing quite well. why don't we go to ken in michigan, ken. >> caller: booyah, dr. cramer. what a great staff you have. >> the best in the world. >> caller: i'd like your opinion on nord son corporation. >> northrop or nord son? nord son is very good. they left that plant to mexico. but nordson is a very consistent, very good manufacturer. let's go to marcia in new york, marcia. >> caller: booyah, mr. cramer. i'm calling about nova cure. is it a hold, buy or sell? >> you know, they've got -- you know, when you have these cancer formulations and i have not ch

the silencing acts for china is showing it can be strong on issues like taiwan for its domestic audienceot aggravating trade. it is not want to get into a trade war with the u.s.. it does not want that to damage its economy. another area of focus will be north korea. intentions -- tensions there are rising. division amongst china's leadership with how to deal with north korea. we are likely to hear about military spending. taiwan,lso hear about the south china sea and hong kong's leadership a couple of weeks after the meeting. obviously a political meeting. the largest legislature govern for this event. what role do china's private companies speak -- play? >> for some of the billy -- the billionaire owners, they are also in town. many of them will be putting forward proposals that the legislature will take a look at. some of them will be implement it and some of them will not. sometimes, they do get traction and you see them playing out in policy later in the year. telling us he will be pushing for focus on artificial intelligence. think you very much. in beijing for must. he is the head

. >>> the head of taiwan's precision industry for hon hai says he's very interested in buying a majoritytake in a semiconductor business that toshiba will spinoff. >> yes. i'm sure yous. >> you're serious? >> very serious. >> more than $20 billion? >> i don't know the details. this is not disclosure in this moment, but we are very serious. >> the business has great potential for growth given the energy efficiency of flash memory chips. he said the devices can be used in new technologies, including 8k ultra high-definition tvs. it took over japan sharp last year. toshiba's proceeds will cover huge losses from its nuclear power business in the united states. filipino president rodrigo duterte since taking office. nhk's world has more. >> reporter: environmentally friendly vehicle zips down the street of the town of manila. it was built by a japanese farmer. >> i think they should have it help clean the air. >> reporter: rapid growth in the philippines has caused air pollution. that has led the japanese manufacturer to build a factory in manila four years ago. it received an order for 3,000

he took a call from the leader of taiwan and said, maybe i'll upgrade relations with taiwan.nd i said on this program, actually. if there's a strategy here, fine. that's a useful leverage. but of course there was no strategy. it was just impulse. and the chinese president said, i'm freezing all contact with the united states until trump essentially apologizes and reverses himself. trump had to call xi jinping and essentially reverse himself. it strikes me as a pretty humiliating cave. but why? because the original move had never been thought through. what i worry about is in a number of these cases, accusing the british government on spying on you. has anyone thought this true? has anyone thought about the next time we need the cooperation of the british government? the british government's response is in some ways more striking. the british government said of an official white house statement about that, they said, this is ridiculous, it's nonsense, pay no attention to it. i can't remember the last time the british government has said that about a white house position. >> it

new zealand, philippines, and taiwan holding policy meetings.hleen hays, let's start off with the rbnz holding its key rate, not a huge surprise, but why? signaled it widely. the head of the rbn, graham wheeler, said last month that he sees the key rate staying where it is for another couple of years. here is what he said in a policy statement where the rbnz cap there record low one .3%. monetary policy will remain accommodative. numerous uncertainties remain, particularly in respect of the international outlook, and policy may need to adjust accordingly." he has also said that it is just likely that the rbnz could raise its key rate as cut it. the fact that he said that bank would also like to seek a weaker new zealand dollar because that would help their gdp get stronger, you might think he would be ready to cut, but economists don't link so. far away from that 3.5% he would like to see in the second half of the year. no cuts, even though that could help boost new zealand's exports. chance of a move from the philippine central bank today? well