f not only the asia-pacific, but the world. we are united in our resoluteness in opposing unilateral attempts to change the status quo in whatever form. disputes should be resolved peacefully, based on international law, and not through coercion or intimidation. japan welcomes the united states policy of rebalancing with emphasis on the asia-pacific. and president obama has expressed his support for japan's principles of future bidding to peace through coordination of these policies. our alliance will no doubt be further strengthened. against this backdrop, we have reaffirmed our resolve to steadily move forward with realignment of u.s. forces in japan. the dangers arising from the air station being surrounded by housing and schools should be eliminated by relocation as soon as possible. we will move forward with mitigating impact founded on a strong relationship of trust with japan and the u.s. this is prosperity that brings peace. we are eager to see the early conclusions of the tpp. on the bilateral outstanding issues, we we

we have renewed our relationship in the asia pacific. be is leading japan to the role on a world stage. the foundation of both efforts is a strong u.s.-japan alliance. president obama: ours is an alliance focused on the future, the security of our nations and the world, trade that is fair and free and the equal opportunity and human rights of all people around the world and in our countries as well. women and girls because they truly deserve to shine. president obama: prime minister abe, mrs. abe, members of the japanese delegation, we are truly honored to have you here as great allies and as true friends. welcome to the united states. [applause] >> good morning. prime minister abe: mr. president, mrs. obama, mr. vice president, dr. biden ladies and gentlemen, i thank president obama's warm welcome. two years ago when i visited washington, d.c. it was in february during the cold season of the year. i am honored to be back in this season when we can enjoy the beautiful season south lawn of the white house. and i'd like to express my apprec

admiral locklear: the in asia-pacific region -- the indo asia-pacific region is the most militarized part of the world. most countries there have the resources and the will and the desire to grow their militaries. those that have the military capability to operate a submarine force are pursuing that because they understand the asymmetric advantages that it brings. they understand the ability for access and denial capabilities that submarines bring. and they understand the deterrent value that they bring. my numbers are roughly our there are about 300 submarines that are not u.s. submarines. 200 of them are in the indo-asia-pacific, some of them are owned by our partners and allies, but many of them are not. the increasing number of submarines that have increasing quieting technology, it certainly does change the dynamic of how we have to operate within the area and the type of tactics and procedures and operational concepts we have to develop to ensure that we remain dominant. i look at it like a fact of life , it is going to happen and we have to deal with it. >> and our dealing wit

and safety in the asia pacific has been maintained. to further strengthen this trend. is provided for through the new guidelines. and seamless response is made possible. and by so doing, deterrence would be in hand. japan/u.s. alliance would be more efficient and more functional. deterrence and response capabilities would be heightened as a result. and this would lead to peace and prosperity of japan and regional peace and prosperity as well. this is my firm conviction. in the streamlining of the laws, i should like to explain to the citizens and the parliament in a detailed fashion. >> ultimately, the people of japan and their elected representatives will be making decisions about how best to approach their defense. but i think it's important to note as prime minister abe said, that we have seen over multiple decades now, that japan is a peace-loving country. having absorbed some very difficult lessons from the past. japan does not engage in aggression on the international stage or in its region. and that the alliance that has been built with the united states is princ

submarines. 200 of them are in the indo-asia pacific. some are owned by our partners and allies but many are not. so the increasing number of submarines that have been increasing in technology, it changes the dynamic of how we have to operate in the area. and the type of tactics and procedures and operational concepts we have to develop to ensure we remain dominant. but i look at it as like a fact of life. it's going to happen. we have to deal with it. >> so in our dealing with it though especially with our partner, our allies does this require us to be very much more collaborative and to share information so that we're on the same page, so to speak, in that part of the world? >> it does. it not only requires us to share bilaterally more in a particularly difficult environment, undersea and maritime domain but it also requires them to be able to share with their other neighbors that have that capacity as well. as you know in the indo-asia pacific, those multi-lateral organizations don't exist to facilitate that. we're seeing the growth of

in addition, with regard to the situation in east asia abduction by north korea, nuclear missile issues situation in the ukraine, the nuclear issue in iran and the threat of terrorism, furthermore climate change and communicable diseases the u.n. security council reform the world has a mull multitude of issues facing it. and we have had a frank and candid exchange of views, and we agreed that we would cooperate. when it comes to the future of japan and the united states there are infinite possibilities, energy infrastructure science and technology space and in addition to this the empowerment of women. we agree that is between president obama and myself that we would cooperate and move forward in making investments for the future. i would like to express my dear heart-felt respect once again to president obama and the citizens of the united states who have committed to take on the multiple multitude of challenges of this world, and for the outstanding efforts that you are making for the benefit of the peoples of the world. yesterday i visited the jfk library. i saw president kennedy del

-japan alliance is the cornerstone of our engagement with the asia pacific region. the president has made it a focal point of his foreign policy. making sure the u.s.-japan alliance is a key focus. i think it's a testament to how far our two countries have come. our ability to reconcile and also develop an appreciation for our shared democratic values. all of that, i think will be on display over the next couple days. the leaders will be focused on a number of important issues. on our defense and security cooperations and appliance right now there's a meeting taking place between our foreign and defense ministers that is focusing on how to update our defense guidelines. we are welcoming japan's increased role in the alliance. and really see this as a critical, if not historic moment in terms of moving forward with the modernization of our security partnership. economically the u.s. and japan are enormous trading partners, and we're currently negotiating the transpacific partnership agreement with ten otherinations to unlock even greater growth and job creation for th

the other thing, what we are seeing is, across asia, more stimulus. these positive japan data is under the assumption that you get even more qe. rishaad: do you really think it is going to make any difference? you are giving them heroin and you go, he is not getting better. let's give him more heroin. fred: if you make that comparison, to feel better, you add more stimulus to the economy. equity prices take another jump. rishaad: it is all temporary. angie: in your report, we are going to see more monetary easing in all these places. your question, will that do the trick? well it? and what else can be done? fred: that is a good point. it is harder and harder to get traction with monetary easing. one thing we will -- we think will happen in china is a fiscal stimulus. because monetary easing is losing traction china we may see rate cuts. at the end of the day, beijing has to unleash these massive fiscal reserves they are sitting on. spend that money now so that the monetary easing has something to feed on. that is something we will see. >> what do you t

submarines. 200 of them are in the indo asia pacific. some are owned by our partners and allies, but many of them are not. and so the increasing number of submarines that have increasing lethality, increasing quietening technology, certainly does change the dynamic of how we have to operate in the area and the type of tactics and procedures and operational conent isescepts we have to develop to remain dominant. but i look at it as a fact of life. it's going to happen, and we have to deal with it. >> so in dealing with it, particularly with our partners and allies, does this require us to be very much more collaborative and to share information so that we're on the same page so to speak, in that part of the world? >> it does. it not only requires us to share bilaterally more in a particularly difficult environment undersea and maritime domain, but it also requires them to be able to share with their other neighbors that have that capacity as well. and as you know, in the indo-asia pacific, those multilateral organizations don't exist to fa

and that will be part of the asia pacific region. and it will be a standard to which we will be repaired. and after it is put in place the meaning of the countries in the situation are part of this. and this is not gaining up on them, this is putting in place and they are introducing these sensible rules and the rest of it. >> this includes our principal ally. how powerful is the united states and i said you know the happiness and the price prosperity of the united states and in particular the american middle class has been smashed. and this will be the american middle class and there have been changes in labor laws and they have the changes in technology and the american middle class experiences not unique. they are going to give us a chance to drive prosperity and income growth. and that is acquisition of access. and so tenures time will be a standard. it will be 60% of the world's middle class. you can access that and he will not prosper if you can. >> it's rare that you have someone that is both a defense minister and finance mini

in adig, with regard to the situation if east asia, north korea nuclear missile issues the situation in ukraine, nuclear issue in iran and the threat of terrorism. furthermore climate change, infectious and commune fa kbl diseases, the u.s. security council reform, the world has a multitude of issues facing it. and on these all sorts of issues that we have had a candid exchange of views and we agreed we would cooperate. when it comes to the future of japan and the united states, there are infinite possibilities. energy, infrastructure, science and technology, space, and in adig to this the empowerment of women. we agree between president obama and myself that we would cooperate and move forward in making inveriment for the future. i would like to express to president obama and the citizens of the united states who are taking on the multitude of challenges in this world and the efforts you are making for the benefit of the peoples of the woorlds. yesterday i visited the jfk library in boston. on television i saw president kennedy deliver his inauguration speech. it deeply resonated wi

to flow freely, without a doubt we will make affluent other countries participating in the tpp in the asia-pacific. the people in the countries will be able to lead affluent lives in this will feed into this. with the general public's understanding, we would like to make an effort, and in this context, with the united states with president barack obama and myself, we want to exert leadership to bring about an early conclusion of the tpp. in asia, there's a tremendous demand for infrastructure. the financial system to respond to this is very important. on the recognition that we see eye to eye between china and myself this is a point on which we see eye to eye in many countries. for japan to participate in the aiib is a decision we have not taken yet. to create such an enormous financial institution, since this will have an enormous impact on asian countries and fair governance is necessary for the institution, in particular to review individual projects and approve of this is indispensable. and that sustainability and the environment and society and the impact of this should be considered. we need

without a doubt, the countries participating in the t.p.p. and asia pacific and the people in the countries will be able to lead. so for this purpose as well, as soon as possible, with the general public understanding towards early conclusion of the t.p.p. and in this context china, united states and -- japan and that united states we want to bring about an early , conclusion of the t.p.p. on the aiid, in asia, there is a tremendous demand for infrastructure and it is important. and we see eye to eye between china and myself and this is a point that we see eye to eye on many countries. for the japan to participate in the aiid is a decision we have not taken yet but to create such an enormous financial institution and since this will have an enormous impact on asian countries, a fair government is necessary. in particular, the board to review individual progress and to approve of it is indispensible. and to sustainability and the , environment and society and the impact of this should be considered. we need to secure this. it's not only about lending,

defense secretary says his country is launching a new phase of his strategic shift toward the asia pacific. >>> and scientists say they've detected radiation from the fukushima daiichi nuclear accident in north america for the first time. >>> members of japanese education ministry panel have just finished screening textbooks to be used in public schools. as a result references to territory japan controls or claims have more than doubled compared to textbooks now in use. nhk world's tomoko kamata has more. >> reporter: members of an education ministry panel screened more than 100 junior high school textbooks to be used next year. it was the first time they'd done this using revised guidelines the government introduced last year. japanese leaders say schools need to strengthen education on japanese sovereignty, and they want textbooks to clearly state that the senkaku islands in the east china sea, and takeshima islands in the sea of japan, are the country's inherent territory. japan controls the senkaku islands. the government maintains they're part of the country's territory. china and tai

asia. but there is no end to that argument until all the nations of asia are swallowed up. there are those who wonder why we have a responsibility there. we have it there for the same reason we have a responsibility for the defense of europe. world war ii was fought in both europe and asia and when it ended, we found ourselves with continued responsibility for the defense of freedom. our objective is the independence of south vietnam and its freedom from attack. we want nothing for ourselves only that the people of south vietnam be allowed to draw their own country in their own way. we will do everything necessary to reach that objective and we will do only what is absolutely necessary. in recent months, attacks on south vietnam were stepped up. thus, it became necessary for us to increase our response and make attacks by air. this is not a change of purpose it is a change in what we believe that purpose requires. we do this in order to slow down aggressive -- aggression. we do this to increase the confidence of the brave people of south vietnam who have bravely borne this b

to such activities japan's safety would be -- was protected and prosperity happened and safety in the asia pacific has been maintained. to further strengthen this trend. is provided for through the new guidance, and seemless response is made possible and by so doing the deterrence would be in hand. japan and u.s. alliance would be more efficient and more functional. deterrence and response capabilities would be heightened as a result. and this would lead to peace and prosperity in japan. and regional peace and prosperity as well, this is my firm conviction. in the streamlining of the laws i should like to explain to the citizens and the parliament the detailed fashion. ultimately the people of japan, and their rights will be making decisions about how boast to approach their defense. blue i think it is important to notice, prime minister ave said we have seen over multiple decades that japan is a peace loving country. having absorbed some very difficult lessons from the past. japan does not engang in aggression on the international stage or in it's region. and that the alliance that has be

is properly positioned in the asia pacific for the rest of this century. and under that fall a lot of things. ensuring the alliances are as strong as they can be. building new partnerships and in some cases ensuring that the rise of china doesn't turn into a lucidities trap. >> general scaparrotti, as you look at kim jong-un, the decision-making process that he uses, and i don't know if the appropriate word is random, but would you say there is like a chain of command or general structured way that decisions are made or is it pretty much you're not usually certain as to which way something is going to go with him? >> yes, sir, thank you. we don't know a lot about the decision-making process inside of that regime. if you look at just the three years he's been the leader, he's changed his senior leadership more than his father and his grandfather put together. and so from one perspective, the use of carrot and stick, the use of brutality in many cases in order to ensure absolute loyalty to him i think undercuts and leads concern with me that one he's got a g

the market in asia and we are excited about that. t of pull for taco bell around the world. we want to do it in a disciplined way. we will work with in the regions. >> those are company news headlines. general motors plans to spend $16 billion along with sa ic. this adds sales growth and fuels the economy. >> no need to adjust the color on your screen. there is a murkiness in chinese cities. here -- industry it is growing 7% this year, roughly the same pace as last year. attention is revving up at some dealerships who cannot reach lofty sales targets. >> the markets reach a new the growth rates have slowed down. they are still strong in the markets and there is enviably strong growth rates. strongest market. every few years, they tried to host the show in a larger and way. year -- swankier china's love for suv is not necessarily foreign. the overall vehicle delivery was last year and the foreign .armakers >> they have priced themselves within the top end of the pyramid to lead off to a price point with chinese suvs. opening toem the r

the world economic forum on east asia. represented bets big on southeast asian countries outside of its core market, air asia. we can find out more of what is happening here as we head back to jakarta and joined tony fernandes. high tony, how are you doing. let's start off with the mood currently. i think i am going to start off with the possibility of an ipo in indonesia where you are. went to we expect this? ati think we are just about that point. we have put together our five-year plan and we're feeling very bullish about both countries. i think we will make the announcement in the next couple of months. i would imagine the ipo would be early next year, but very complement -- but very confident about the businesses this year. some very good discussions on the aec, which is of course good news for air asia. though there is lots of work to be done, the optimism in the international community is gaining pace. rishaad: in the philippines and indonesia, will they be set for an ipo. if so, who would go first question mark -- w

asia. saint easterbrook's in the philippines for east asia. bill farnsworth in bangkok where i come from who is in charge of south asia and we in new york were supposed to be the coordinators and make things work together. and it did work pretty well. george was an interesting guy and it was a concept that got the decision-making down much closer to where the action was. just make life a little more complicated for some people. one of the things that the things the division heads were working on, clearly the evacuation and a lot of work on how to deal with the placement of this staff, how the settlements would be made thanks to the personnel record so many of the skills of people and there is a group put together good personnel officers to deal with that. we also were worried about the side effects have it because clearly if we left vietnam there were a lot of countries in asia that would raise questions. the division has put together a common approach to go around to all the central bank and explain what we're doing,, why we did it and assure

is properly positioned in the asia-pacific for the rest of this century. and under that fall a lot of things; insuring that the alliances are as strong as they can be, building new partnerships and in some cases insuring that the rise of china doesn't turn into a lucidities trap. >> when you look at the decision making process that kim jong un uses, and i don't know that the appropriate word is random, but would you say is there like a chain of command or a general structured way that decisions are made, or is it pretty much you're not usually certain as to which way something's going to go with him? >> yes sir, thank you. we don't know a lot about the decision making process inside of that regime. if you look at just the three years he's been the leader, he's changed his senior leadership more than his father and his grandfather put together. and so from one perspective the use of carrot and stick the use of brutality in many cases in order to insure absolute loyalty to him i think, upside cuts and leaves -- undercuts and leaves concern with me that, one

the u.s. role in asia-pacific region. this is about 45 minutes. >> please welcome to the stage the professor of military science of rotc, georgetown university. colonel donahue: good morning ladies and gentlemen, students faculty, officer noncommissioned officers, cadets of the joint force distinguished guests. welcome to the hilltop and thanks for joining us on this great occasion. in his three decades of service to the nation, from academia to government service, secretary carter has been front and center as our military and has tackled our most difficult challenges. from redefining america's engagement abroad in wake of the soviet union's collapse, to tackling acquisition reform and modernization as the secretary defense for technology and logistics, including spearheading a push for buying ambush protected vehicles. to adroitly spearheading the department in its more than 3 million men and women, families, military and civilian personnel through sequestration and the department's chief operating officer. secretary cart

and the asia pacific and the people in the countries will be able to lead affluent lives. i believe this will go into it. as soon as possible with the general public understanding we'd like to make efforts and in this context japan and the united states, president obama and michaels will bring about an early conclusion of the t.p.p.

that is what came through with the wto applied in asia. strate work -- the chinese and the japanese were prostrate at the end of the war. now there is a chance for asian people to participate in rule setting. when the tpp goes through, and i believe it will, with the extraordinarily superior character of the rules being put in place, e-commerce protection, behind the border removal of restrictions on activities associated with the first reset, -- receptor not just , manufacturing and agriculture, a range of those sorts of things coming in through that tpp, that will be the potential for the asia-pacific region. and the strategic significance is it will be a standard to which all will repair. the small number of nations, a very substantial economies come negotiating in it now. after it is put in place them many of the countries in the region will have as a first order of priority, and i include china, working out ways in which they might lays themselves within it. in terms of the strategic positions here that is the american interest, if you

the mood in southeast asia is good. very good discussions on the aec which is very good news for air asia and i feel the optimism in the end -- in the economic community. rishaad: more from the world economic forum still to come. the cochair of the event will join us live about 40 minutes from now. that is 1:50 p.m. in sydney if you are watching their. up next, china is heading into stimulus mode. ♪ >> checking some of the stories making headlines around the world. rishaad: a boat packed with migrants capsized off the boat of libya. an estimated 700 people seeking refuge in europe were on board and if confirmed it will be the deadliest such tragedy in the mediterranean. an emergency eu meeting has been called for on friday to deal with the issue. >> christians appear to have been executed in libya by the islamic state. the victims were christians belonging to " the hostile ethiopian church." rishaad: leader of yemen's who the rebels have -- houthi rebels has said he will not surrender and has accused saudi's of being ser

with regard to the situation in east asia nuclear missiles and the situation in the ukraine, and the threat of terrorism. further more climate change communeical diseases, the unm security council, and the world has a multitude of issues that are facing it. and on these issues we exchanged reviews and agreed we would cooperate. when the comes to the future of japan and the united states there are infinite possibilities of energy, infrastructure science, technology space and in addition the empowerment of women. we agree that is the thing that president obama and myself that we would cooperate and move forward in making investments for the future. i would like to express my dear heart felt respect once again to president obama and the st zins of the united states who committed to take on -- citizen citizens -- the multiple challenges of the world and for the changes you are making to benefit the people of the world. yesterday i visited a library in boston where i saw president kennedy deliver his speech. it still has a lingering affect. i recall the following quote: my fellow citizens

furthermore, on the aiib aiib in asia there's a tremendous demand for infrastructure. and the financial system to respond to this is very important. on this recognition we see eye to eye 2009 china and myself and i think this is a point on which we see eye to eye between many countries. for japan to participate in the aiib is a decision which we have not taken yet. but to create such an enormous financial institution. and since this will have an enormous impact on asian countries as fair governance is necessary of the institution. in particular the board to review individual projects and to approve of this is indispensable. and sustainability. and the environment and society. and the impact of this should be considered. we need to secure this. it's not only about the lenders, but the borrowing nation zs. for example, various infrastructure projects may not be sustainable. it might have too much of a burden on the environment. if this is the case this will bring negative results for the citizens lichg in the countries. it will prove to be a burden. and so in that sense a

rebalance to the asia pacific including its expression in our own defense capabilities. we face new threats. new domains. new geographies. and new capabilities. and in all of this one thing remains the same. that is our alliance, the alliance with japan. that is secretary kerry said the cornerstone of peace and stability in the region. and we're deeply committed both to japan's security and the security in the region. guidelines really represent a wonderful opportunity and new high point in the alliance history. at a time when japan's own security posture is changing in historic ways, these guidelines allow us to modernize the u.s. u.s.-japan alliance by breaking new ground in military cooperation and helping us to open new areas of military cooperation both in the asia pacific and around the globe. in these new guidelines we can work in domains like space and cyberspace and we can cooperate in new ways both regionally and globally. i look forward to working with mr. anakatani during mr. abe's visit to washington and in the coming months to implement the roles and mission

of course the asia-pacific is also a major focus of our international economic policy and diplomacy. the markets there are huge and they are growing very rapidly. they are expanding right along with them is the range of the american economic, economic -- economic, political, security interest. seven asian countries are our negotiating partners on the tpp. these include japan, whose prime minister will be in washington next week for a state dinner and to adjust a joint session of congress. the transformation of the united states and japan from enemies to allies over the past seven decades is truly one of the most magnificent achievements in all of history for both countries. an example of a remarkable turnaround and reconciliation. the tpp is one way to guarantee that our bilateral ties already strong grow even stronger while , serving to reassure the our -- reassure all of our allies that america's commitment to the region is deeply rooted and long-term. because the asia pacific matter so much, president obama announced early in his presidency a plan for a rebalance in foreign policy.

one last note is always got to remember that the asia pacific has no nato. there's no structure there for security. and in nato, the wounds of world war ii were healed over decades with france and germany and united kingdom and so forth all working together. and there was a structure there for reconciliation to be made after world war ii. that never happened in the asia pacific and you still see them pointing fingers and still a lot of residual hostility there. why has the peace been kept in the asia pacific for decades and decades which led to all of prosperity there? us, it's been the secret has been the pivotal role of american military power. and the rebalance seems to do is keep that good thing going. >> thank you. >> good morning, university of maryland, a lot of focus for foreign affairs and crises have been in asia and europe and north africa. what about south america and central america? they are our closest neighbors and a lot of turmoil down there. whats our interaction with them? >> it is a very good question and your question is a reminder, we're

foreign policy toward the asia-pacific region. he's expected to express his hope to strengthen the bilateral alliance in an effort to secure peace in. asia where the rule of law is respected. and he will pledge japan's commitment to taking on global issues such as terrorism, infectious diseases and natural disasters in cooperation with the u.s. >>> political observers say leaders will be paying close attention to the speech. abe will issue a statement later this year reflecting on japan's in the 70 years since the end of world war ii. >>> foreign affairs and defense chiefs from japan and u.s. are getting ready to meet. they are will review guidelines for the first time in 18 years. japan japan's foreign minister and defense minister will hold talks with secretary of state john kerry and ash carter on monday. the guidelines will bolster defense cooperation over remote japanese ieslands in the event of an armed attack. this is in response to china's stepped up activities in the east china sea and elt where. the new guidelines will a

the past can become prologue. today central asiasting with resources but brimming with youthful entrepreneurial potential. a full half of its population is under the age of 30. in uzbekistan, around a third of the population is actually closer in age to 20. to deliver on the aspirations of this new generation we want to help central asia build a solid basis for prosperity by integrating it into a global rules-based system. that's why we've been supporting efforts as members of the world trade organization. we expect long sought goal to be realized this year. our own nation's businesses, theirzv talent and technological leadership canu role helping region develop its ownt( culture of innovation and entrepreneurship. we will continue to build connections on both sides of the world. united states host add delegation from turkmenistan power sector, investment for u.s. companies this summer. now, despite these efforts, i think everyone recognizes central asia has a long way to go in building a more open cooperative and connected market t

they're making themselves the economic power in asia, the industrial power in asia and the strategic power in asia and eventually they're going to displace the united states and pakistan which is a next-door neighbor to them and 8,000 miles from the united states. that's the future, john. eleanor: it's a hugely ambitious project. they're basically constructing it over land and sea, the new silk road that connects europe and asia. when the u.s. put in i think $7 billion or $9 billion in 2009 when obama first came in they put in infrastructure com -- that's a pittance compared to what the tchoins are doing. overall i think it's a good thing for anybody. i think the pakistanis are not going to be anybody's reliable ally and if they put this this money in and help pakistan become a more stable, wealthy company -- country, it's for everybody's go -- good. john: aside from protecting its oil importsflt middle east, why else is china interested in this port? do you happen to know? clarence: it does have a high strategic interest. i look at what they're doing in africa they've become a leadin

several members have backed the china led asia infrastructure investment. ok at the two sides of the picture, it is tough to navigate. looking at what they're looking at for infrastructure and financing, it is looking at a gap. it is definitely weighing on their minds this week. he makes a new calls for a new world order. they have not been up to date with changes in the world. they called it a step in the right direction. to --y >> what is coming up next for the summit? >> you showed pictures of people streaming and and getting ready for what will be called the kuala lumpur declaration. will be peopleat focused. you look ahead to a post 2015 vision. it is still not entirely confirmed. the summit is ultimately a preview of the main event that will be held in november. major leaders will be attending the east asia summit. thanks. >> live from kuala lumpur for us. thank you. time for a look at the stories making headlines. recordgia bank with profits. more than double expectations. >> and indian billionaire has in xiaomi.ake and recently launched a multi langu

that is what came through with the wto applied in asia. the chinese and prostrate work prostrate at the end of the world. now there is a chance for asian people to participate in role setting. when the tpp goes through, and i believe the will, with the extraordinarily superior character of the rules being put in place, e-commerce protection, removal of restrictions on activities associated with the first reset, not just manufacturing and agriculture, a range of those sorts of things coming in through that tpp, that will be the potential for the asia-pacific region. and strategic significance is it will be a standard to which all will repair. the small number of nations, a very substantial economies come negotiating in it now. after it is put in place them many of the countries in the region will have as a first order of priority, and i include china, working out ways in which they might lays themselves within it. in terms of the strategic positions here, that is the american interest, if you like. this is not gaming up on the chinese. this

council's project on shaping the asia pacific future. we have the secretary of u.s. treasury department and former special envoy on china. the project is currently on phase one which focuses on the economic and financial architecture and this includes the asian infrastructure and infrastructure bank and the new development bank and the silk road initiative showing strong momentum. and this includes under increasing scrutiny. this includes the investment and financial architecture. the international organization continues to expand in the upload chinese capital into foreign markets which is rising we have efforts to strengthen the economy face a new challenge. and there are great opportunities to pursue common interest and also serious potential risks of fragmentation and we are delighted to have the vice minister with us to provide his perspective on these very important elements. the financial institutions in china's long-term vision. he was appointed to his current position in may of 2010 following a very distinguished career at the min

get out the globe and look at the asia-pacific. it's all water. what is the army going to do out there but they found plenty to do and one reason for that is almost all the military is in the asia-pacific region are dominated by their armies. one of the earlier questions was asking about partnership and building partner capacity. if we want these countries to be our friend, to be strong and stable and stand up with us against the threats then we need to work with them and they have fantastic relationships. one last note we have to remember they have no nato. there is no structure for security. the wounds were healed over decades of with france and germany and the united kingdom. there is a structure for the reconciliation to be made and that never happened in the asia-pacific. and you still see them pointing fingers and there's a lot of residual hostility. why he hasn't been kept for decades and decades that has led to all of the prosperity? us. the secret has been the pivotal role of american military power and that's what has kept the lid on. we

great markets in the equity markets in asia. the big focus for you guys. have they all joined in in asia? >> they are joining in. a lot of people did miss the rally. all around the globe, whenever i see clients, the first question is, how can you help me protect my wealth. today, people are worried about valuations. manus: i know what your schedule is the next 24 hours. what do you think is at the top of the agenda? on the global basis, do they talk about greece, the u.k.? what is the biggest risk factor in those conversations? >> in q1, we saw, you could call it crisis. we had the situation in the middle east, syria, the iran debate, even in switzerland, the removal of the peg. of course if you are in europe, people talk about greece. they look to the u.k. what government will we have? that depends from market to market. a lot of investors -- [indiscernible] if you go to china, it is about the slowdown of china. if you go to the u.s., it is about the u.s. it is all about that versification. it is about having an investment strategy and implementing that. m

a majority of the victims are in the asia pacific region where there are around 3.5 million vulnerableand those affected can find themselves forced into slavery or the sex trade. and if of those trafficked are in fact children. >>> in southern thailand people have taken matters into their own hands. they are armed and they say they are determined to stop their communities from deteriorating into lawlessness. >>> deep in the jungles, these men patrol one of asia's busiest smuggling routes. they are all volunteers who have answered their government's call for civilians to do what they can to stop human traffickers from using thailand as a transit point. thousands of refugees come through here ever year in search of better lives. and these men hope taking matter into their own hands will help stop the rising of violence. >> translator: the government officials are involved with the human traffickers. this is our biggest challenge. many of the local villages are also involved. though i don't think they benefit as much as the officials. >> reporter: not far from the jungle refugees try to e

rebalance to the asia pacific including the expression in our own defense capability. we face new threats new domain domains. new capabilityies. >> the conflict now the possible conflict in the east china seas, you've heard of it, the senkaku islands. the chinese call to the diallo islands. this is not something that is completely impossible. as far as the u.s. military base in okinawa that has been very controversial in japan they talk now of moving that facility completely outside of japan and into guam. >> just reflecting on your earlier comments, japan you're so right has had a low-key role for decades and even hesitant to send peace keepers. how will this go over in the country? >> i think there is a lot of trepidation and reluctance. that's why we've seen people them reassure the public and those who are jittery of japanese militarism for obvious historical reasons down playing the to be ability that japan will be involved in any sort of proactive military actions overseas unless of course they're defending themselves or if there is a crisis in the asia pacific.

many victims are in the asia pacific region where there's around 3.5 billion refugees. some can be forced into slavery or the sex trade. many being children according to the united nations >>> in southern thailand people took matters into their own hands to stop human trafficking. they are armed and determined to stop the communities deteriorating into lawlessness. >> reporter: deep in the jungles of southern thailand the men patrol one of asia's busy smuggling routes. they are volunteers answering calls for civilians to do what they can to stop trackers using thailand as a transit point. myanmar and bangladesh come through here every year in search of better lives and the men know that taking matters into their own hand will stop lawlessness because of the presence of armed gangs that smuggle them through. >> translation: the government officials are involved with the human traffickers. this is the biggest challenge. many of the local villages are involved. i don't think they benefit as much as the officials. not far from the jungle, refugees rescued from armed smuggler

a majority of those victims are in the asia pacific region where there are 3.5 million vulnerable refugees. those affects can be forced into slavery or the sex trade. many of those trafficked are children. >> in southern thailand, people have taken matters into their own hands to stop human trafficking, they are armed and determined to stop their communities from deteriorating into lawlessness. we join their patrol. >> deep in the jungles of southern thailand, these men patrol one of asia's busiest smuggling routes. they are all volunteers, who have answered their governments call for civilians to do what they can to stop human traffickers from using thigh land as a transat this transit points. thousands come searching for a better life. these men hope to prevent a rise in lawlessness because of the presence of the migrants and armed gainings that smuggle them through. >> the government officials are involved with the human traffickers. this is our biggest challenge. many of the local villagers are also involved, but i don't think they benefit as much as the officials. >> not far from the

the u.s. is saying currently, as people are in asia is not stimulating china, but changing the focus of the u.s. security strategy from any other region to asia. asia has been a very stable region for the last few decades. and it's because of the u.s. presence in japan, u.s. has the most troops, and that is - that provides stability of the region. i think it's not the counter people in asia it's not the change of the policy. an assurance to the commitment of stability. >> another hot topic is the t.p.p. how controversial is it. there's one white house official saying it is more important than a weapon of war. we talk a look at the t.p.p. and the economic ties that bind the u.s. in japan. >> the trans-pacific partnership is a trade deal encompassing the united states japan and 10 other nations but not china. the proposed trade block accounts for 40% of the outbook. it's a big chunk of the economy. the t.p.p. is not just about tearing down the trade barriers. the obama is casting the deal as a vital instrument for retaining china's rising influence. passing the t b. -- t.p.p. is important. arguin

, secretary carter touted the obama administration's so-called rebalance toward the asia-pacific region, saying it should include both new, high-end weaponry and the trade deal, which covers 40% of the global economy. carter compared the deal to a new aircraft carrier. >> but to pp also makes strong, strategic sense, and it is probably one of the most important parts of the rebalance, and that is why it has one such bipartisan support. in fact, you might not expect to hear this from the secretary of defense, but in terms of the rebalance in its broadest sense tpp is as important to me as another aircraft carrier. it would deepen our alliances and partnerships abroad and underscore our lasting commitment to the asia-pacific. and it would help us promote a global order that reflects both our interests and our values. amy: six environmentalists with the group greenpeace have boarded a shell oil rig in the middle of the pacific ocean to protest shell's plans to drill in the arctic. the activists climbed aboard the polar pioneer as it was transported to seattle ahead of drilling in al

without a doubt, the countries participating in the t.p.p. and asia pacific and the people in the countries will be able to lead. so for this purpose as well, as soon as possible, with the general public understanding towards early conclusion of the t.p.p. and in this context china, united states and -- japan and that united states we want to bring about an early , conclusion of the t.p.p. on the aiid, in asia, there is a tremendous demand for infrastructure and it is important. and we see eye to eye between china and myself and this is a point that we see eye to eye on many countries. for the japan to participate in the aiid is a decision we have not taken yet but to create such an enormous financial institution and since this will have an enormous impact on asian countries, a fair government is necessary. in particular, the board to review individual progress and to approve of it is indispensible. and to sustainability and the , environment and society and the impact of this should be considered. we need to secure this. it's not only about lending,