hong kong, tywan, and korea all on public holiday.ry low volumes on the markets today. >> okay. thanks for that. host: well, china and the u.s. have announced an agreement to crack down on corporate hacking. they pledged to tackle the theft of trade secrets. president obama said he hasn't ruled out sanctions for violators. we have our beijing bureau chief joining us now. what will china to do to effectively enforce this agreement? >> well, that is the big question. i mean, you know, the conversation that president obama and president xi had in the united states was important in one respect. china had not previously acknowledged that there was the widespread hacking of corporate interests in the u.s. so the espionage g said between governments is okay but china's government should not be hacking into u.s. corporations and then passing hose secrets on to chinese competitors. so the president of china acknowledging that they would work to form a dialogue in this ort of arena is in its own way progress. as president obama said actions spe