of china, and it will decide how special the region is. so to look at china's overall development and overall reform, we need to hope and advocate for the civil liberties and the democracy of the people of hong kong. it's unrealistic to think that it would run too far ahead of the rest of the country. >> today, and predictably, on tv, and if you turned on your tv, hong kong over the weekend and tienanmen square more than two decades ago now. predictable in one sense, but also, probably a visual that china doesn't want the rest of the world to see. >> they never want the rest of the world to see any visuals from tienanmen square. we're away from that, but not so far to be remained of tienanmen square. beijing learned that there are leskoersive means of crowd control. i hope weapon don't put that to the test. but if they came in, and beijing's preference is very much that the hong kong government handle this peacefully in its own way, but if they came in, it would not be with machine guns blazing and tanks rolling and i don't think that's the

the french chateaus look to china for the price. n bottles of red wine alone last year. think about that for a minute. they are now the leading market for red wine in the world. >> pretty amazing here. >> i designed this place in five minutes. i look at this place like six months. >> uh-huh. >> daytime, nighttime. and finally one morning, i say i want a wine cellar out of this. >> looks so good. hi, guys. >> hi. >> tim has invited me to different alongside a few people who have taken full advantage of the booming economy in china, an architect and designer, a real estate developer and coco, a party planner. >> do you eat like this all the time? nice wine cellar? >> at night. today we're surrounded by southern french wine and northern italian wine. >> mm-hm. >> and you like you can eat in different district wine country every night. >> isn't this supposed to be communist china? >> anyone communist party, comrades party member? >> no. no. [ laughter ] >> i'm a bit of a red diaper baby. but what i mean to say is that it just seems that

there was the yahoo! of china, the web tv of china, and the ebay of china.beijing for an advertising and pr agency. when a friend told me that a chinese company was looking for a senior manager to join its international marketing team, i became intrigued and flew to shanghai to attend a customer event. as i walked in, i discovered the website members were mobbing the staff. the attendees were mostly local manufacturers making products for export. umbrellas, plastic tubing, ball bearings, and just about any widget you can imagine. they had a lot of questions for the alibaba staff, and were eager to provide feedback as well. >> [speaking chinese dialect] >> the event was not a slick production, but there was an innocence that appealed to me. and i was also happy to see that the foreigners and locals mixed well, even if it meant having to learn karaoke. ♪ and most important, i got to know jack and thought he was a boss i could work for. yes, he seemed a bit crazy. but at least it seemed he was enjoying the ride. so, in march, 2000, i made my decision. i would j

the law. is a law in china. these are the basic principles. >> i felt it was unfair that he had to defend yahoo!'s previous actions but, while apple may not have agreed with his position, it offered a clear and consistent response based on his own beliefs. >> good morning and welcome to this hearing on the internet in china. >> yahoo!, meanwhile, continue to muddle through the issue and was ultimately call to congress to defend its actions. our besthina, we did to move beyond the controversy and call the strategy meeting to develop a plan. gave a typically inspiring speech but i felt he underestimated the complexity of building a successful search engine, and we left the meeting without a clear vision of how we would turn our newly acquired company and to china's leading search engine. for the next year, china -- from prhina suffered distractions and squabbles that threatened to hang a cloud over the entire company. unfortunately, things were looking much brighter on the other side of our company. ♪ >> [speaking

the china you first fell in love with. ny direction, and there's something to eat. i may not know what it is immediately, but chances are, it's good. we talk about foodies and what does that mean? by current definition, best i can understand it, that makes just about every chinese person i ever laid eyes on a foodie. which is to say a perfectly reasonable person who enjoys and pays attention to where the good stuff is. look at this. one street, and look, stuffed oysters grilled over charcoal. snake bits, why yes. and yes, it does taste kind of like chicken. there used to be a lot of streets like this full of it where you could look, shop around, then eat all out in the open. happy, delicious torrent of food, but the government, as governments do, are tightening the screws. old is bad, new is good. not everybody thinks this is a good idea though. bill wang was born in shanghai and studied here at the university. he began teaching english before he was out of college. he suggested we meet, and there may be stalls all over sha

the u.s. as it supplies food to china. >> no other country has ever had a billion people moving up the food chain consuming more livestock products, grain- intensive livestock products. >> reporter: in addition to shipping more meat to china, american farmers are sending it more livestock feed than ever. two years ago, china became the largest importer of u.s. farm products. >> when you're driving through the country right now and you see these big fields out there, one out of four rows goes to china. so, this is a huge market, and it's a market that i think is going to get even bigger because their middle class hasn't stopped growing. >> reporter: feeding china's middle class, which is now larger than the population of the u.s., is a growing challenge for the entire world. >> sreenivasan: who's behind the chinese takeover of the world's largest pork producer? watch part one of the center for investigative reporting's series, "food for nine billion." visit newshour.pbs.org. the department of homeland security is contemplating the most significant restructuring since it was created after the septe

the first slow down in china. ith a guest from ubs. ♪ >> you are watching "on the move ." pacific markets are generally on the way down. our next guest predicted the growth would be shy of target. she is from ubs and joins us from a single thank you for joining us. let's start with a disappointing data. how does it impact the markets? >> indeed, the set of data is not strong, basically we saw credit growth, even though better than july, the lowest pace since 2005 and if you look at retail sales and industrial production has all missed expectations. i think this is in line with our view that the momentum in china is quite mixed. we are less convinced you can see a further rally of the chinese market. at the same time, we do not think it will be a significant policy coming out even though the will be policy support. we are beginning to see payback downe strong market reader in and the summer months. in the next six months, and asia , with if you can see -- we see you can see some upside. ge letter, youst are sayingo

australia, and these are very d to china, and the first is china, and the other is sinopec selling a stake. sinopec, therefore, is the biggest declining stock, and there it is. >> right, and in a little over roadshowthe alibaba kicks off after meetings in the u.s., and they already have interest, but they may stop taking offers for the early sell. lulu, tell me something. what is the atmosphere like? calm?just reasonably >> definitely. one of the key questions that investors will be asking today will beer alibaba issuing more shares or bumping up the price, and they managed to attract enough orders, so they might be closing their ordertaking process early for the ipo. one of the key questions for because the ipo is so high profile, and there is so much demand, some might be insulating their demand, so that is something they should take care of -- and might be insulating their demand, so that is something they should take care of. -- might be inflati ng their demand, so that is something they should take care of. the company is still looking at september 18. starting trading the next

the drivers is there. coming out of china. upport coming from the government hoping to avert and not in the case. the economy being property. that is what is happening across the equity markets. i want to mention taiwan. there you go. up 1%. heavier weighted stock. this monday morning. showing some significant gains. let's get into that. how it breaks down. we have massive amounts. 124. if you dig deeper, you will see taiwan. that again. there we go. up at 3%. taiwan has really been one of the sources for foreign investors. net portfolio inflows, the most in asia. it is edged out india over the past few weeks. currency markets. dollar strength continuing. the dollar index highest since july of last year. major.e other the dollar/yen. above that. the equity session over in tokyo. 3.35 beforedollar, 9 the pmi numbers out of china. more political unrest following china's rejection of a greater democracy. beijing has reneged on a promise. suffrage on the selection of the next chief executive. as closer look and over to asia governm

china, gains led by the automakers. china rose out the policy on electric cars. defense related shares. report out off "the shanghai chinaties news," that will announce this blueprint, restructuring plan of military research unit. elsewhere, it looks a good so far. i will be back. >> writer to our top story. >> right to our top story. bloomberg news, asia government editor david tweed on the streets. promising more protests. any idea when we would be getting them? >> they have not actually said it when it will do the protests but we know we will be having the protests at least 10,000 people. that is a targeted number from occupied central. on to the streets in central hong kong and the idea is to bring central hong kong to an absolute stop. ok, what are the contingency plans that businesses are taking? >> we are beginning to see some of those. around under the hsbc building, it is an iconic building. use by the occupy wall street protesters a couple of months ago. what are they are doing is building scaffolding on the inside of the on the cross to make sure no on

there is no way china is going to back down on its claims or the south china sea or the east china seaat is one of the big positives of instability. when china is to go shooting, they're saying, let's talk, but not that we will compromise in any way -- and china says, let's talk, they're not saying that will compromise in any way. >> they expect china and japan to go to war in the near future or at some point. that is pretty stunning given the top diplomats will be discussing ways to bring down the temperature here. this extreme nationalism are talking about, what are the true economic cost? have we seen a cost to the economies of japan or china? >> certainly to japan, it is taken a bit of a hit. the companies have an less welcome. the calculations the chinese leaders are making, it is not about trade with japan or even korea, it is about what kind of political environment do they need in china to drive the kind of changes there pushing for? about thenalism is domestic position of the communist party. they're making a lot of big changes and maybe some top coverage. >> but it seems to m

in the women's competition, china took gold. a japanese swimmer bagged silver in the men's 400-meter free style. that's his fifth medal following three golds and one bronze. china finished first. in the final day of the judo, japanese women clinched gold in the team event while men took bronze. by the end of day five, china is the medal's leader, raking in 31. the games will continue until october 4th. >>> it's time for a check of the weather, with meteorologist robert speda. people in eastern china are dealing with the effects of a storm. and residents in south korea and japan are now also feeling the impact of the same storm. robert speta tells us more. >> what we've been seeing out here is fung-wong tracking off to the northeast. the latest is fairly heavy precipitation taking place. in the past 24 hours nearly 487 millimeters have come down in the wake of that storm impacting those of you out into eastern china. making landfall monday night into tuesday. but now we can take a look at this and you have the center of circulatio

rest of the world country by country. but china and india are huge landscapes and it's been difficult for companies other than making investment in places to succeed there. so what are the big next landscapes you can go after? i think u.s. companies will continue to do what they are doing. i don't know that this is the wakeup call that everybody thinks. i think that u.s. companies did try very hard to find ways into china it's just very difficult to do. i don't know how it changes the landscape until alibaba starts making acquisitions. then the world changes a lot. and so it is going to be very interesting to see what they do with their currency. particularly if they pick up u.s. big brand name internet companies and then expand them into china. that would be fascinating. >> yeah. dan, thank you for that. by the way if you are just joining us. it is just after noon on the east coast where alibaba the biggest u.s. ipo in history went public at 92.70, 48 million shares now traded 95.73. having priced about 320 million at 68. unbeliev

the advantage on china was if you had a lot of publicity about the opening of china, although we did end signals we discussed. the taiwan lobby, the anti-communist extremists, all other allies would be weighing in and you would be him t restricted. it was a dramatic opening. . the disadvantage was the state department criticized the shanghai communiquÉ because they were not involved. public meeting, it was just for the art p.r. we were making offers to in the war from the beginning beyond what the editorials were calling for. we were being moderate. hanoi was intransigent. id a public price because no one knew we were negotiating. negotiated with some help from the arms community salt one, the first big treaty. later that ifzed you involve the bureaucracies, you would not have made some mistakes. i would say the positives outweigh the minuses because look at the results. you did pay the price in human terms and in terms of bureaucratic strife. >> in the case of the arms control negotiations with the russians, the soviet union, and the vietnam peace agreement, there were public, formal

the markets. concerns about china growth, speculation from comments made by the finance minister in china about downwardre on growth. pressure to the downside. showingand, one market positivity today. that comes down to that resounding win from john keys. reopen.the japan nikkei, we have seen the 225 being well supported by the weakening yen. it is not helping exporters this time around. a broad-based markdown when it comes to equities. malaysia, singapore, philippines in the mix. the nasdaq managed to close out the session on friday to the downside. .22%ts times industry, lower. vietnam's index is up. showing a bit of movement to the upside. .hat is all we have so far >> carbon dioxide emissions from burning fossil fuel expected to reach 40 billion tons. hundreds of thousands of people took part in protests on sunday. they are calling for greater use of clean energy. this global change of -- call for action comes ahead of a summit. overwhelmed. the voice of the people. voice will be truly reflected to the leaders when they meet september 23. climate change is the defining issue of our time and there is

the tpp. while we are negotiating with china. so we can play our role on both sides, as i mentioned we can promote the chinese market opening on the one hand and contribute to tpp on the other. and i think that's the important role that korea can play through the good implementation, which is a model fta, and the benchmark for the multilateral framework. >> and then on balance, the multilateral framework would help to lower korean and japanese bilateral tensions? >> absolutely. because if korea joins the tpp it has the effect of concluding korea's fta with japan. you know, which we don't have now. so certainly that's the beauty of the multilateral agreement. and that is the way that we should move forward. and mind you, korea is an only country in asia now, which has fta with both europe, and america. a korea successfully finishes its fta with china, for the time being, we'll be the only country in the world that has fta with all three major markets, u.s., china, and europe. and i think that puts korea at the center stage of the d

, with the latest data coming out this weekend, is china angie, you look at the chinese data, it is always a ,anger of trying to overlook but i think that this time, the data has been disappointing across the board. all indicators came in below expectation. industrial production numbers, monetary data. we have a decline in industrial production numbers, but they came in below expectation as well. it was a disappointment across the board. but i think we should not lose sight of the longer-term picture, the chinese government will do the most to prevent -- protect the economic growth target. weaken, weues to think that there will be more targeted measures to boost the economy. think that chinese equities offer a lot of value for the investors out there. >> ok, but we have not seen it. there is a lot of expectation that the policymakers will boost the economy with stimulus, but we have not seen it, and maybe we will not see it, because as we heard from stephen, it is significant but it is not really significant for china. seven and a half perc

it also said china has increased tensions with vietnam over activities in the south china sea. the subcommittee chairman said china is increasingly confrontation. he added that the united states must support regional allies and partners. resolution calls for resolving these matters peacefully. nhk world. >> now u.s. president obama has been working to expand the campaign against islamic militants. he's been helping to create a plan to fight them. lawmakers approved legislation authorizing the government to equip and train fight hers the syria. it passed the chamber by a majority. the measure is part of a stop gap spending bill that would expire in december. the legislation would authorize the government to assist moderate opposition forces in syria as part of the u.s. fight against islamic state. the obama administration has requested $500 million to support the syrian opposition. >> i want to start off by saying thank you to house members, republican and democrat, who came together today to pass an important component on our strategy for dealing with this terrible terrorist org

the iphone 6 may not debut in china till 2015. hone might not be available until years andy there. joining us is the fortune writer scott zendrou ski. thanks for your time. what is the latest. what do we think we know about the availability in china. >> the carriers here don't speak about when the iphone is going to be here. when you call the carrier, china mobile and china unicom, the reps said she couldn't say anything because apple had updated the company when they would be delivered. and china unicom it was a little less staged answer. they said likely at years end. which if you go back, the iphone before the iphone 5 they come out about three years after they debuted in the u.s. in china. so that would be roughly the same time line. >> scott, should we assume this is a network license issue? the feedback from the carriers seems to suggest otherwise. given that government regulators have been telling carriers you are subsidizing phones too much. should we view this as protectionism perhaps trying to help gain market share? >> t

jack joining us in the studio today. chinaa have participating in these talks -- note u.n., that participating in these talks with the u.n., but what about alternative energy? regards to china's producer patient, they do not -- india's per dissipation, they do not want the western tell them what to think. -- participation, they do not want the west to tell them what to think. in terms of china, they are building wind. even in india, it is accelerating as well. there is absolutely no question building are out there renewable energy as much as they possibly can. a little political spot, but they are doing something. china is about to have its first nuclear ipo. what does that mean for the sector, and what doesn't mean for investors? >> we are expecting that towards the fourth quarter. in terms ofnk that raising funds it will be enough to even build one nuclear power plant, but what is important is transparency. a big perspective gives you a lot of information. >> a lot more to delve through. that is why it is good to talk to you

the u.s. stand to share with china all the new india has to offer? big crowds of supporters throng the park in front of the white house. and protestors complained of the new leadership of the hindu nationalist party. the leader of 16th of the world's people has a lot of eyes following him, at home, from east and west. india the u.s. and the world are our focus this time on the program. joining us in the washington, director of the india project at thing booings institution, a senior fellow for asia, he is also a former u.s. ambassador and walter anderson, director of the southwest program. why all the attention? is. >> i think one is him -- as a politician, the kind of personalty he is. not many indian prime ministers no matter how important the relationship with the u.s. is or with india is to the u.s. could have pulled off the estrength at madison square garden, i think what he has done is done a leg of political meetings, a set of business meetings why is the u.s. or herbal specially walling rolling out the red carpet? that's because i think there

>> it's interesting to see the difference. chinaaily focuses on the economic impact of all of this. this is the headline. protesters are disrupting life in hong kong and depressing the stock. we see in the hang seng, the main stark market has taken a tumble in the last couple of days. -- stock market has taken a tumble in the last couple of days. and one editorial is very harsh about the protest. it calls the chaos and illegal. it is rattling napoli fat -- financial markets, but disrupting the city's social order. it says here, it is high time to let reason prevail over the recklessness of what he calls these political extremists, who according to china daily are not democratic at all. >> let's come back to france. the papers are focused on the historic win of two seats in the french senate. >> this is the first time in the party's history that they will have two senators. according to the left-leaning paper, they because they benefited from support outside the national front. you can see your the headline says "when the right votes

we thought the message was important. chinas pushing for a electric cars and it was important that it was worth it. >> how long is this? specs.s -- give us the >> it has 14 corners and a lot of chickens and action. they difficult because have never raced in this place. no one has ever raced with electric racing cars. what we are doing is history. >> people know there are a electric cars on the track and they will be more quiet. how many pit stops are there? >> it is going to be different than anything else. the sound is going to be different and it is going to be there. has two cars and they stopped when the first car battery is down. they change cars and continue racing with the second. this was the original and extreme idea that we had to make the race longer because people want to watch an hour-long race. the rest of the race will be normal and guys will fight as much as they can to win the race. >> you said that you want this to move the consumer market forward. how do you see that happening? >> the battery technology. the

now he is the richest man in china. on the floor of the new york stock exchange, the biggest ipo in the u.s. ever. potentially the largest in the world. this man has gone so far. everyone who met him says he is one of the most charismatic figures they have ever met. they see him as a visionary. he is compared to steve jobs. he is someone to keep an eye on. >> alibaba has profited from china's rising consumer class. how has that helped it dominate the industry? consumer class is massive. about 600 million people in china that are using the internet. 1.3 billion people in china. that could be using the internet. growth potential and it has become a country that has surged over 15 years ali baba has been in existence. they have been able to ride that increase in consumer activity online as the consumer population in china is used to shopping online much more so likeshopping in a retailer in the u.s. that transition came naturally in china. it was a much quicker transition in that respect. alibaba was there the beginning and

japan controls the islands. china and taiwan claim them. japan coast guard officials say one of their aircraft spotted the vessel friday morning. it was dragging what appeared to be a wire. the area in question is about 170 kilometers north of kuba island in the senkaku chain. coast guard officials radioed the vessel to stop and said that unauthorized research in the area was not allowed. the chinese crew did not respond. the coast guard has sent a vessel to monitor the ship's activities. it's the second time this month a chinese ship has engaged in similar activities off the senkaku islands. >>> iraq's prime minister awarning that the militant group may have tried to carry out attacks on western soil. they uncovered a plan that targets subway systems in the united states and france. >> his officers learned of the plan from a militant captured in iraq. a u.n. security council spokesperson says white house officials have not confirmed any such plans and said her officials need to review information from iraq before making further determinatio

i totally get the endless stoirz about it must show half the china is on the internecessary given theack of stores in china and the rapid rise of the web, why couldn't we think it's only a quarter built out. ma told me his ambitions for the red of the world, too. why stop dreaming many china. to quote jimmy cagney in "white heat" -- made it, ma. top of the world. let the profit takers ring the registers. as we get closer, to the price target, you've got to be buying, not selling. next up, my second-favorite company to become public this use -- go pro. another red-hot shock up 117% of course i wish the stock were cheaper, but there's been a reason it's on fire. to the harness on your doggy. the company's built an extraordinary ecosim, allowing uses to capture, manage and share that i own video content i think this ecosystem is the key to protecting go pro against the competition that they tell me exists there. it's already the number one brand on youtube. it knows how to harness youtube. it goes from being a brand to one that's embraced by the entire population, including moi. there's

in china was too bad. the usa e-commerce cannot do better because it's a supplementary. it's a dessert. in china become a main course. logistic. we are talking with 27-minute packages in china every day. what we are seeing ten years will be 200 million packages every day. we have to solve that problem, not today's problem. >> 200 million packages a day. >> ten years. >> i think there is a misperception. people say amazon, but if i have an idea for a company and i have a product. i know i can go to your site and find someone in the world who can manufacture my product for far less. talk about the idea this is maybe the greatest entrepreneurship of all times. >> this is what we are doing. our mission is to help doing business easier. we are giving not only traffic, but technology. we give logistics. we also give the financial service of small, medium size. when i was doing my business 15 years ago, nobody supported us. so today, we want to build up this infrastructure. if you have ideas, come to our site. workin

they were talking about the opening to china. winston helped to plan and was part of the secret trip -- kissinger cosh -- kissinger's secret trip. winston accompanied him on every one of his secret trips, he was later made the ambassador to china, i was also kissinger's right-hand man. he was also a close personal confidant. and bud was a vietnam veteran in the marine corps. he joined the kissinger staff in 1971. but like winston, but mcfarlane -- but mcfarlane soon expanded his roles. he was able to do many things. with that, i would like to talk to these gentlemen about their recollections and remembrances, and a good point in the bad points, about how to change the world. i would like to start with you dick. nixon had given a lot of thought to these issues. the prompted him to wanted to change -- to want to change the nsc system? >> he was informed as to how he was structure things as president. his personality was such that he insisted on planning. he spent hours and hours and hours reading, mostly reading, some writing, and l

there is so much tie with the economy of china, not only the economy but the debt that china holds from america. how does this, is it cause for concern for the average american today? >> i certainly think that's overblown. because yes hong kong is a financial center. but its economy compared to all of china is, you know, still very small percentage. and frankly, what happens with some of these political decisions, i don't think, is going to necessarily lead to think kind of major economic slow down. we can see that china has not had democracy these last 20 years, and that has not stopped their economic growth. >> not at all. >> so i think that these are two separate issues. and so i don't think that investors should be overly concerned. i think their concern is that if the protests get out of hand like what happened in tienanmen square and businesses close then it might spiral into something that is unforeseen. but i think the chinese government had already learned their lesson back then and don't want to repeat that. >> ann lee, thank you ver thank. >> thank you. >> ashraf ghani was sw

and he is the richest in china. illionaires benefited as well -- >> other billionaires benefited as well. >> basically anybody that you can associate with jack ma. zuckerberg. what about bill clinton? this as well,to saying that with all the wealth that jack ma has now, he can be a force for good. clinton said over the weekend that jack ma can be the guy to fundamentally change the scene in china about charitable donations. jack ma has been quite vocal about it. >> he has been quite vocal, even before the ipo, environmental issues. clear sky, cleaner water. >> you have to put your money where the mouth is. >> he has more firepower to do that, with $4.6 billion more. >> thank you. listxt, we're looking at a where singapore comes out of top and companies like argentina, greece, venezuela find themselves like at the bottom. find out what we are talking about, next. ♪ investing in obstruction project can be risky for private groups, but it can be rewarding. -- infrastructure objects can be risky for private groups, but a

the u.s. that happens in china. >> you are right. ese the kinds of things we have to get used to or had to get used to with facebook and google. a do create attention between a tension.ate >> jeff bezos never seems to have to answer to anyone. investors, they don't exist. short termors have a view. they don't care about governance. >> they do want to be focused on the bottom line. jack ma loses sight of the bottom line. everyone is in trouble. investorsyou think won't cut him the break they cut jeff bezos? >> i'm not saying they won't. >> he has to take 42.5% away. >> the chinese internet are a third of the largest 20 companies. they behave very differently. the business model is different. in the u.s., we should be concerned about this. they have thinking that is out of left field. they are going to do disruptive things. we are very complacent and arab businesses. i think we should be very careful. the chinese are coming. ,> when they come to the u.s. they will play by a different playbook than we see in our internet companies who ar

and like throughout the china town and like that is the only like the response, and i was like shocked when i heard about that, like, two cars,... or what happened on the same spot and in on the same street and it was shocked about that (inaudible) and told me that, you know, like she i know that the police do effort, and you to do more enforcement for the pedestrian safety and to make the pedestrian safe to walk across the street and also like me as a pedestrian i feel unsafe because the cars are speeding and i want you to do more enforcement thank you. >> thank you. >> and i just want to say since we had the two comments, she can correct me we had a 40 percent of increase in the number of traffic citations that we have given out city wide because of folks like you, and it is over 50 percent, that is a good correction. you are right we need to step up enforcement because people need to realize there are so many cars on the road and more bikes and more pedestrians, and what we do know is that young people and seniors are particularly vulnerable and sometimes it takes us longer to get a

the talks are to be held in china on september 29th. now, once again japan's foreign minister said japanese officials will meet with north korean counterpart later this month, pyongyang, they are expected to update the status of their investigation in to the fates of japanese nationals abducted by the north decades ago and other japanese. we will be updating you with more details on this story as they come in. thanks for joining us. we'll be back at the top of the hour. x ♪ ♪ >>> a movement against the chinese movement is growing in hong kong. in july, 510,000 people took to the streets, demanding that beijing respect hong kong's free society. hong kong returned to chinese rule in 1997, under the one country two system policy, residents received a high degree of autonomy.

true extent of the rebalancing already taking place in china. big problem in the global .conomy is inadequate demand the big hope is that china is trying to solve this, trying to create its own demand. every company, there will be a slowdown in the chinese economy. this is a cost worth paying. >> we will pick this conversation up when we return. stay with us. we will take a short break. ♪ >> welcome back. back with us, standard chartered head of research. we promised we would talk about the ecb. they prepare to meet in a day or two. isn't doing enough to resolve -- is it doing enough to resolve the eurozone's problems? no, that it iss not the ecb's fault. they have been left with all the heavy lifting in the eurozone. it is trying its best. the problem in the eurozone, suppressed salaries, inadequate demand, governments are not doing enough to boost rose in the economy -- boost growth in the economy. we need to do more. it will not be enough and i think the ecb will have to do more next year to purchase sovereign bonds to boost liquidity into the

japan controls the territory. china and taiwan claim it. a year later, government officials in beijing announced they established an air defense identification zone over the east china sea, covering the senkaku islands. they said the military forces would take emergency measure if aircraft entering the area did not follow their instructions. >> translator: china will not compromise or make deals on territory. or allow the slightest violation. >> reporter: japanese government officials tried to set up a security hotline with china to prevent an unintended clash. but the chinese were reluctant. as relations worsened, prime minister abe sought to reaffirm ties with the united states. >> and the cornerstone of our strategy and the foundation of the region's security and economic progress is our historic treaty alliances. including with japan. >> translator: on china, we agreed that we clearly oppose changing the status quo by force. >> reporter: later this year, officials of the two nations will revise their guidelines that stipulate how they wo

the vacuum. this will make china adaptable without a people revolution over the long term. this was described as habits of the heart. some of these habits of the heart can be practiced and taken too hard in different parts of china. think about what it took to authorize the special economic zones more than a quarter-century ago and say here -- we are going to create zones where you get to play and practice capitalism. we will cordon them off because we don't want the experiment to the too far too fast but we will let that methodically spread as it works. i think china's government would benefit if they began in some ways to imagine the us civic version. >> host: it has probably gone considerably farther than that already with the advent of twitter which was introduced in 2009. criticizing the government, there are in geos in china and lawyers that are trying to practice according to the chinese constitution who have been thrown in jail for doing that, in geos have been audited because they get funding from american foundations and suspicious there are ulterior motives to de

the ex factor finally reaching china. box as beijing lifts its console ban. ♪ >> i am rishaad salamat. it is monday and this is a look at our top stories. central hong kong being shut down by democracy protesters. police fired tear gas and pepper spray in failed attempts to disperse protesters. they were the biggest clashes in hong kong for years with roads blocked, public transport disrupted and government buildings under seas. softbank said to be in talks with dreamworks animation. softbank which controls america's third-biggest mobile operator has been looking for more media investment in the u.s. it is game over for china's ban on gaming consoles. chinese gamers get their first chance in 14 years to buy the device legally as xbox goes on sale today. game sales expected to reach $18 billion this year. a slight which for microsoft. it can't sell its most popular games due to restrictions on violent content. let's get you more on this. a partner and head of communications and media managementglobal consulting firm. thank

it's normal in our industry. >> reporter: the number of robots sold in china has kept rising over the past decade. with a 30% increase in average every year, last year 30,000 robots were sold. that made china the world's largest robot market. >> translator: there's room for expanding the robot industry, even in china's interior. in my opinion, the demand will keep growing 30% a year for more than three years. >> reporter: robot makers are going all out to take advantage of this opportunity. a japanese manufacturer in the factory in june last year. most of its robots are for the auto industry. their factory makes more than most plants worldwide. naturally the facility uses robots to make its robots. this machine is used to clean products. it uses dry ice and this helps speed up production. to meet china's growing appetite for robots, this factory has been stepping up manufacturing during the past year. it completed its expansion three months ahead of schedule and now it can produce 400 robots per month. on average, the plant now takes in 10% more orders than it had planned for. >> the

china's been doing won't work. they haven't seen a real downturn in the business cycle in china since 1994. somehow we i think are drinking the kool-aid that it won't happen. if this negative downturn continues and less than 7% or less than 6% and so forth growth occurs that puts pressure on commodity prices. that affects all of us. as we come into the end of the year, ty, more than ever i feel like it's a jump ball. to me we can certainly be at the beginning of a significant correction. we are overdue. but we've been waiting a long time. the fed is still nearby, and anybody who's bet against this trend has lost. so cautious and careful and know what you own and make sure they're good balance sheets and real earnings with companies. >> all right, gentlemen, thank you so much. thank you, john, thank you, john. michael farr and john rutledge. >>> a new survey out today shows steady economic growth in the u.s. even though we're heading in the right direction, one member of the federal reserve is urging caution about raising benchmark interest rates too soon. steve liesman has the story. >> repo

claims the entire south china sea, including all the islands.ay livehis fast claim billions of tons of oil and gas. early next morning, a new silhouette appears. ulkusting world war ii h on another reef. this is the philippine maybe ship, all that stands in the way of another chinese takeover. to deb on the reef chinese ships roll up and down chinesed the reef two ships rwow up and down. they are here to enforce beijing's claim that this submerged reef is actually chinese territory. for the last year the chinese ,hips have been blockading trying to stop fresh supplies, and wearing down the marine block. away, itmilies are far is a big sacrifice, food is limited. while these philippine marines live in peril of falling through their own rusting deck, beijing's ambition to turn this into a chinese lake rolls onward almost unopposed. more still to come on tonight's program. as scotland decides to declare independence, we go to quÉbec where history may have valuable lessons. more than 200 people are now thought to have died in severe flooding in paki

i think the issue investing in a company in china. where was alibaba running alibaba.com we have seen great transparency at the hong kong company with governance from the board. >> david, what do you say to investors who wonder how can i trust the chinese regulatory regime, there's not going to be another ali pay situation down the line that's going to be to the detriment of overseas shareholders? how do i know jack ma himself won't get to be such a prominent figure the chinese government won't want to take him down a notch? >> there are two sectors in internet. one, is internet as a media. the other is using internet as a financing or banking. these two, i don't think in the foreseeable future, the chinese government will deregulate in the control of media and financing. so ali pay was considered as part of their internet financing which is very sensitive sector. however, the major business, the core business, of alibaba group today, is actually e-commerce. it's irrelevant to media and financing now. which are very open to foreign inv

china's economic growth has slowed and investment from japan has declined. thei administration wants to receive investment from japan and to boost its economy. but sino japanese relations have been unstable due to domestic reasons on both sides. it is possible that china will change its attitude if a domestic political struggle occurs. so it is uncertain if the two countries can maintain a good relationship after the apec meeting in the fall. >>> officials in tokyo worry that the scale of the dengue fever outbreak will be more serious than they initially thought. there are now 56 people infected with the virus. all of them were in a central city park last month. the outbreak was first confirmed last week. tokyo metropolitan government officials announced on thursday that researchers detected the virus in mosquitos in several spots around yoyogi park. they believe insects with the virus are still breeding in the park. so they're keeping people out while they spray pesticides. dr. kyoko sawabe of the national institute of infectious diseases shed light on the role

and the republican of china, from 1949 through the mid-'8sod, had plenty of authoritarianism. and they figured out a way to make possible both the practice and the cultivation of these habits of constitutionallively, self-government, i think the key phrase you used, rule of law. by the way, for any of you whoever play with the naturalization ceremony, if you ever go take the actual u.s. citizenship exam, there are all kinds of questions that, who is the first president, and how many stars in the flag, and so on and so forth, but there are a couple of ringer questions in there that you're like, wow, i'm not sure that most native-born americans could answer this. one of the questions on the u.s. citizenship exam is what is the rule of law? we could spend the next couple hours here trying to get to an answer on what is the rule of law? and that mainly suggests that we as americans have taken for granted so much about the rule of law. so much about how we operate in an environment with the rule of law, and how, again, that is not automatically self-renewing. but in china, or in ot