u.s. and china and u.s. and russia. ut in light of some other recent reports reports in the media that china has working to perfect or develop a midrange and long range missile defense capability, they don't seem quite as concerned about that strategic balance as maybe we are. and so i guess my question to you, can you talk to is a little bit about the chinese missile defense technology advances, and specifically, their medium to long range capabilities? >> i would only offer that in terms of their missile defense capabilities, that they are by and large still in research and develop in stages. that this is a subject actually of inquiry regarding the most recent missile to missile engagement, that has been witnessed and that the chinese, as we discussed earlier, reported on over the past several days. so these developments and other developments, we would continue to watch, but in terms of levels of detail and so forth, obviously, in a closed session. >> well, let me, if i could then, switch -- thank you, admiral, to sec

second, according to the latest u.s. china and economic insecurity commission report, i close, there has been a marked increase in cyber intrusions originating in china and targeting u.s. government and defense related in computer systems. and activity that could potentially disrupt u.s. commercial and banking systems as well as compromise sensitive defense and military data and the chairman and remarked about google and the problem they're having and where we're moving in that direction. third appearing in march 2009 chinese naval muscle behaved in an aggressive m'aam toward the u.s. ms impeccable. despite china's assertion of its rise within its maritime exclusive economic zone, this incident illustrates its willingness to violate international law and reflects increasing risks of china's expanding military operations in areas where u.s. forces routinely operate. independently these examples are a cause of concern but more so when seen under an umbrella of market uncertainty surrounding china's future course in terms of its

u.s. and china and the u.s. and russia. light of some of the recent reports and the media that china is working to perfect or develop a mid-range and long range missile defense capability, they don't seem as concerned as we are. i guess my question to you, can you talk to us a little bit about the chinese missile defense technology advans and pacifically the median to long range capabilities? >> i would only offer that in terms of their missile defense capabilities that they are by and large still in the research and development stages. that this is a subject actually of inquiry regarding the most recent missile to missile engagement. that has been witnessed and that the chinese has we discussed earlier reported on over the past several days. in terms of levels of detail and so forth, obviously. >> let me if i could go to secretary gregson. can you tell us about china's space program and advances in technology? have they continued spaces since the 2007 space? the question is predicated on the notion that china has with thei

u.s. gets it right with china, then we are in for two or three decades of comfortable time. but if the u.s. gets it wrong with china at this point in time, then it is very dangerous. >> there has been in china for the last 20 years, roughly speaking, a kind of consistently pro-american foreign policy, by which i mean this -- that the chinese saw their salvation, their path to great power, their rise to great power as being fueled by a good relationship with america, because that gave them access to trade, technology, and also created a kind of umbrella of security under which they could grow. is the current leadership and the next generation of leadership in china, from what you can see, still kind of thinking along these same lines? or has the rise of china, the financial crisis, the discrediting perhaps of some notions of american -- the american model, has all this made the chinese feel, you know what? we need to rethink our relationship with the u.s. we don't need -- friendly relations with the u.s. is not the paramount issue here. >> i think the key point i would emphasi

u.s. gets it right with china, then we are in for two or three decades of comfortable time. the u.s. gets it wrong with china at this point in time, then it is very dangerous. >> there has been in china for the last 20 years, roughly speaking, a kind of consistently pro-american foreign policy, by which i mean this -- that the chinese saw their salvation, their path to great power, their rise to great power as being fueled by a good relationship with america, because that gave them access to trade, technology, and also created a kind of umbrella of security under which they could grow. is the current leadership and the next generation of leadership in china, from what you can see, still kind of thinking along these same lines? or has the rise of china, the financial crisis, the discrediting perhaps of some notions of american -- the american model, has all this made the chinese feel, you know what, we need to rethink our relationship with the u.s. we don't need -- friendly relations with the u.s. is not the paramount issue here. >> i think the key point i would want to emphas

u.s. not understandinga, or respecting china for that matter? >> right, well court is a chinese narrative of chinese history, of foreigners interfering in their internal affairs so, this fits in. i think what is interesting on the one hand, chinese people are very sensitive, not just the government but the people to what what is perceived to be interference but on the other hand, in the case of google they are showing people to show publicly support for their continued access to relatively unfettered information. they have been in effect, having people in front of the google company saying we love google. the implication being they want-- so i think they are ambivalent in this particular case. >> reporter: what leverage does the u.s. have and what leverage is the u.s. willing to use? it's interesting. this is even a week in which chinese officials said something about currency. it effects our stock market in so many different ways we are intertwined. and they have a kind of-- a clearer sense of power. and real power than ever before, so what lev

u.s. and in china.so you basically have to print a time when large number of people have come from china to the u.s. the first of the mid-19th century. 1840s, '50s, '60s. when we were recruiting people because we wanted to build the rear of and work in the miter box and lots of people came. they came from a small handful of townships around what is today while joe. that was sort of the first source of people. the fact they all came from there wasn't the typical immigrant story, even in the 19th century, they knew they were on the coast. then you get chinese exclusion. in the end of the 19th century we basically say that's it. enough. people still do come from china to the u.s. during those years that follow. but by and large, they have to come illegal and you don't really get large number of people coming from china in the next few decades. we get to world war ii. the chinese exclusion is there going strong that point. there's this awkwardness for us that now china is our ally against japan. so roosevel

u.s.-russia relations. with chinastitutionalizing our broader and more effective picture with the first strategic and economic dialogue held here in washington, d.c. last july. it is an arrangement that built on strong working ties between president obama and secretary clinton, and our chinese counterparts. those discussions reflected mutual understanding that we have in reflection of our most pressing challenges. nonproliferation, terrorism, pandemic disease -- there is little hope for progress, if we do not work together. as we look forward to the second meeting of the strategic economic dialogue in china next summer, we're having discussions at an -- on an unprecedented range of topics that we hope will ultimately yield action. more broadly, we are beginning our ties with other key parts of east asia, from are increasingly productive relationship with india to our corporation with asean. our bilateral relationships alone cannot achieve the kind of regional and global cooperation we need to meet the challenges of th

u.s.-russia relations. with china, we took important steps in institutionalizing our broader and more effective picture with the first strategic and economic dialogue held here in washington, d.c. last july. it is an arrangement that built on strong working ties between president obama and secretary clinton, and our chinese counterparts. those discussions reflected mutual understanding that we have in reflection of our most pressing challenges. nonproliferation, terrorism, pandemic disease -- there is little hope for progress, if we do not work together. as we look forward to the second meeting of the strategic economic dialogue in china next summer, we're having discussions at an -- on an unprecedented range of topics that we hope will ultimately yield action. more broadly, we are beginning our ties with other key parts of east asia, from are increasingly productive relationship with india to our corporation with asean. our bilateral relationships alone cannot achieve the kind of regional and global cooperation we ne

u.s.-china relations, if business goes sour, u.s.sar, what else is there as a glue to hold them together? >> you are talking about interaction between the two largest economies in the world. so, we are going to do business together. that is not the issue. what are the issues with in our economic relationship that need to be managed? this is a serious issue on a number of levels. as we have talked about, there are business standards and expectations and international norms expect your business partners to live up to. and we have had multiple conversations with china about activity, both in this area and more broadly. we have a mature relationship with china. we have an extensive economic relationship with china. we have had various issues and disagreements that cropped up over time with china. we have raised this issue today in saying that we have serious concerns about this and its ramifications. and we are going to continue that dialogue with china on these and other kinds of issues. >> you said the meeting took place outside the st

u.s. to china and of course when you take the basic figures it doesn't match, so we already had this kind of a process. but, not globally. on the bilateral basis, it was one thing, what you tell us is not consistent with what we know from the other one and the guy says, go to hell, i don't care. and so it was not that easy to make it consistent. now, if it works, hope it will, we have a process where everybody agrees to work together and the inconsistency will be on the table and we need really to address it so the forecast system itself may improve a lot in the coming year, hopefully. >> the next question... a greek tragedy ahead, question mark. such to prevent european governments from bailing out greece. trichet dismissed the idea of excluding a member from the euro club. question, what is your -- should prevent us to believe greece is drifting away argentina style and what are risks of spreading out to portugal and spain, it's. >> the situation of greece is totally different from the argentinian example, for instance, it is for difficult and on the other hand, safer. it is more diffic

u.s.-china relations?do you have any intention of tempering your criticism on this matter given the unhappiness of the chinese about it? >> the secretary said yesterday that there are a range of places where the u.s. and china have mutual interests. those will be discussed. we will continue to work with them. there are places where we disagree. we will put out a report at the end of the month, at the end of next month on human-rights issues. every year we put the report out. it makes a range of comments about chinese human rights violations. every year, the chinese government comes back. there are issues where we are going to disagree. we will continue to speak out strongly and clearly. we will have those discussions. that is part of what countries do with one another. that is part of the dialogue. >> you do not think it has hurt the relationship? you disagree with the assessment by the foreign minister? >> it is an inevitable part of the conversation. we talk about things where we disagree. we try to find

u.s.-china relations. this is half an hour. >> good afternoon and welcome to the state department. with michael posner. they're here to talk in more detail about the secretary's internet freedom speech yesterday. and with no further ado, i will hand it over to alec. >> good afternoon, everyone, it is a pleasure to be with you this afternoon. what i wanted to do was to take a very few minutes to frame and give a bit of historic context to the remarks yesterday by secretary clinton. i thought it was appropriate that -- if it wasn't the day, it was off by one day. it was basically a year as secretary of state to the day that she gave that speech and for me, that was significant because one of the things that in my opinion that has defined her tenure in -- as secretary of state is figuring out one way that we can modernize our statecraft. we have learned a lot over the course of this year. we have learned some things that that technology can play in our foreign policy and we have learned some things that are significantly less positive. and among the positive things we have seen most r

what are the challenges of a country like china going into places like africa were the u.s. is already but china becomes competitor as a developer in a developing nation in these countries? >> guest: i think basically in everybody's interest certainly to see africa am become more developed and i think the chinese view africa as an untapped resource for raw materials that they need to fuel their financial -- manufacturing sector. and so i think it is a challenge but i don't think it's a problem. i think it's really makes a lot of sense for everybody. >> host: georgia on a republican line will. >> caller: hi, i wonder if our guest has ever lived economic basic economics by thomas o. walther ribbon and as far as i'm concerned the federal reserve is keynesian and also the thing that he criticized about the drug deals is keynesian and i would like to ask a question, does he think economics is an art or science? i think it is a science. the same way the court of engineers can determine how water will flow when they determine where to put a dam. human nature is in the absolute that

they also said flatly that it is harmful to china-u.s. relations. l to china-u.s. relations and the you have any intention of tempering your criticism even in public on this matter given chinese on happen this? >> as the secretary said yesterday, there are a range of places with the u.s. and china have mutual interests. those interests will continue to be discussed. we will continue to work with them. there are places where we disagree. we are cooling to put out a report at the end of next month on human rights conditions. we put that out every year. it makes a range of comments about chinese human rights violations and problems. every year, the chinese government comes back and says we are interfering. it is the nature of the relationship. there are issues where we disagree. we're going to continue to speak out strongly and clearly. we're going to have those discussions. that is what countries do with one another. " you do not think it does hurt the relationship. you disagree with that assessment. " i cannot characterize that. it is an inevitable pa

and china -- u.s. and japan releasing china in the [inaudible] >> what's the last question? >> what do the u.s. and cheap really see -- and japan really see china? >> i think we try to state very clearly in this document that it is the mutual interest of the united states and japan to see china's rise to be a peaceful, constructive rise that supports the institutions and the capabilities and the progress of the asian-pacific region. i think tokyo and washington are very strong in our support for a china that plays those constructive roles. i think it is also the case that this new government, and tokyo has made clear that they want to move beyond some of the historical challenges that have plagued sino-japan relations and have developed a deeper, stronger bond. it is important for the united states to underscore that we support that process. and we think that can contribute to a better atmosphere and strategic dynamics in the asian-pacific region. and we also think it's important increasingly for countries involved in engagement strategy with china to coordinate more closely

u.s. and china. the dow jones industrial average gained nearly 156 points to close just under 10,584. the nasdaq rose 39 points to close at 2308. and oil closed above $81 a barrel for the first time in nearly three months, as frigid weather gripped the eastern u.s. and drove up demand. the number of bankruptcies in the u.s. rose 32% in 2009. the associated press reported today consumers and businesses filed more than 1.4 million bankruptcy petitions. the number of cases fell sharply in 2006 after congress overhauled u.s. bankruptcy laws, but they've been rising ever since. the tallest building on earth formally opened today in dubai. we have a report narrated by sally biddulph of independent television news. >> a celebration which measured up to the size of the building. ♪ fireworks and fanfare heralded the official opening of the world's largest tower in dubai. the surrounding sky scrapers and every other famous building across the world. you need three ifill towers end to end and nine big bens to even get close. it's more than half a mile tall. well, 828 meters to be exact. it has e

u.s. proceed? but obviously everyone will be watching china. here are some indicators you can look for. actually, one week ago china announced the change in its head utility law that now requires chinese utilities to purchase renewable energy that is being produced and offered on the grid. this has been a problem where they were rapidly growing at renewable capacity but not purchasing the power. china has a history of phasing out inefficient old power plants and building more e efficient one's. effect continues it is a sign they will try to implement car been intense and a commitment. if that does not continue, it is a sign they have pushed the commitment second but by far will be the adoption of the 12 or five-year plan it in the spring. if the 12 for five-year plan includes a continued strong improvement from energy efficiency and commitments to pollution reduction and carbon commitments it is the irrefutable sign the chinese are taking this commitment seriously. i think it will. what other issue coming out of copenhagen is a forest. i have talked often to you about the long history o

u.s. in such a way that you can see -- or are there such linkages that can you see 8% or 9% growth in china affecting in a positive way growth in the u.s.? >> the linkages come through trading system. these emerging economies, although their weight in global g.d.p. has been rising rapidly, we are focused on that. they also have a weighting in global consumption. it's smaller relative to the rate in g.d.p. but it's still appreciable. if you have consumption growth rates on the order of 8%, 9% in china, this does make a difference for the u.s. economy. now that said, if you put this into perspective, then you realize that the extent to which the emerging economies can do something for the advance economies is still relatively limited. let me give you some numbers. if you take consumption in all the countries that ahead of this crisis have been running large current account deficits and are now experiencing increases in savings rate that are quite large, too, these economies comprise like the u.s. and, you know, the u.s., the u.k., the islands, portugal island, greece, spain, all eastern europ

u.s. in such a way that you can see -- or are there such linkages that you can see 8% or 9% growth in china affecting positively growth in the u.s.? >> the linkages, throughñr the trading system. these emerging economies, although they are -- of their weight in global gdp has been rising very rapidly and we are focused on that, we also have a waiting in global consumption. it is small relative to the way they have in global gdp, but still appreciable. if you have consumption growth rates on the order of 8%, 9% in china, this does make a difference for the u.s. economy. that said, if you put this into perspective and you realize that the extent to which the emerging economies can do something for the advanced economies, it is still relatively limited. let me give you some numbers. if you take consumption in all of the country's that ahead of this crisis have been running current account deficits and are now experiencing increases in savings rate that are quite large, too, these economies are comprised like the u.s., the u.s., the u.k., portugal, ireland, greece, spain --Ñi the acronym is a b

u.s.-china relations. >> we will go to the first audience question.lege. my first question -- only one questi question. if possible, i wanted to know why do you think during the 2008 presidential campaign obama had such a large number of young supporters? and do you feel that that number has changed after obama has been in office for a year, and why? >> big question, but i will break it down in a couple of parts. i think there are two big reasons why obama had such support amongst young people. young people were valued. they were not extra. there was a national youth department. whenever there was a campaign staff, there were people associated with reaching out to young people. if you think about it, that party exists with most other groups. you have a veterans outreach staffer. often, younger people were left behind on that. while we may be different in what gets us in gauge or our schedules, we are the same in that if you reach out to us, we will respond. having someone focused on reaching out to young people is crucial. i think the obama campaign r

u.s. trade with china?, in so far -- look, it is not likely, for the same reason that any other major company might follow with leave here, certainly not in the near future, but it will reignite the debate about how companies in the u.s. government and u.s. institutions engaged with china. the logic governing the relationship for many years is that china is so big, it needs to be accommodated and largely on its own terms. google is saying that they do not agree with that. host: a couple of quick points before you go. you say that google is going to speak to beijing over the next couple of weeks but how they might operate without censorship. what do you expect those talks to be like? will they result in an agreement? caller: i doubt they will be particularly enjoyable for either side. it is fair to say that the chances of an agreement are not high. although there is some interest from both sides in trying to seek a solution, but the bottom line is that offering a separate search service for china with separa

china all the time. at the meeting that we hadç ha, this was a major issue. >> did the u.s.e specifically to discuss this or were they meeting about a bunch of stuff and this just happened to take up a lot of the time? what was the context for that meeting? >> i do not know. >> -- between turkey and israel recently. both sides threatened to pull back their ambassadors from tel aviv and ankara. there are some anti-semitic programs on the turkish television. is there any reaction? >> these are two important allies and friends of the united states. turkey has played an important role as an intermediary in working through issues on their way to middle east peace. we value that interaction and turkey's role to help countries work through these issues. and i would expect that to continue. >> speaking of business partners -- have yet heard of any interest on the part of the uae government in reviewing the acquittalw3 ofç sheikh isa? >> not to my knowledge. >> thank you. >>ç now today's white house briefing with press secretary robert gibbs. topics include earthquake relief effort

they said flatly that it is harmful to china-u.s. relations.mful? do you have any intentions of tempering your criticism even in public over this matter given the chinese and happiness? >> i think as the secretary said yesterday, there are many places where the u.s. and china have mutual interests and they will continue to be discussed, we will continue to work with them. we have places where we will disagree. we will put out a report at the end of the month on human rights conditions. every year, we put this out and it makes a range of comments about chinese human rights violations at problems. every year they claim interference. this is the nature of the relationship. there are issues where we will disagree. we will continue to speak out strongly and clearly and we will have those discussions. but as part of what countries do. >> you don't think it has hurt the relationship? >> i cannot characterize that. it is an inevitable part of the conversation that we talk about things where we disagree and we try to find ways to approach things differe

u.s. government or anything like that. and so china didn't just come out a minute later saying whatever, you guys can leave. they didn't have a response for a day, and then they were like, well, anyone that wants to work here has to abide by our rules and it really didn't come back in a very competitive way and so you see this company acting on behalf of its users to protect them and to retain that and i think that will be the way going forward, where it's not a perfect system, but whenever something does become disruptive or destructive or manipulates their users in a way that they don't want to get information or to i want act with the -- interact with the westbound site, you'll see the company forced to step in and act. and you'll lose people. >> there was an article this morning about this whole story hand of course the state department was quoted in the story. now you know your site has some weight, if google says we're not going to be in china anymore and the state department weighs in. that's the u.s.-china relations. >> all rig

u.s. going to proceed but obviously everyone is also going to be watching china.me indicators that you can look for from china. actually, a week ago china announced a change in its utility law that now requires chinese utilities to purchase renewable energy that is being produced and offered on the grid. this has been a problem where they were rapidly growing. utilities were not purchasing the power. china has a history of phasing out inefficient power plants and building new, more efficient ones. if that continues it is a sign they are going to try to implement their carbon-intensive the commitment. if that does not continue, it is a sign that they have pushed this commitment second, but the most important, by far the most important will be the adoption of the 12th, a five-year plan in the spring for the 12, a five-year plan includes continued strong improvement in energy efficiency, commitments to pollution reduction in carbon commitments it is an irrefutable sign the chinese are taking this commitment seriously. i think it will. one other issue i want to talk o

sales of automobiles now in china surpassed that in the u.s.nd that trend is continuing, and you're going to see the same thing in india, same thing in brazil, russia, of course. believe it or not, a lot of people think of russia as just a commodity market. actually, it's consumer market as well. some of the consumer names there are doing quite well. and, of course, all the other markets, turkey, south africa, you name it. they are increasing sales of consumer goods. and that includes not only disposable, but hard goods. >> i know you've spent some 40 years working in emerging markets and really all over the world. what is your approach to investing? what do you look for, and what's most important when investing in a stock? or in an area? >> well, nowadays, we look at the people behind the company. who is running the company? what is their mentality? how do they treat shareholders? what is their attitude towards shareholders? that is very, very important. we've learned that the hard way over many years. when we started, we looked at the numbers

u.s. and china can help for this alliance cooperation into a reality. and i have another question too later on. >> several issues here. the first is the ozone hole. the ozone is also a greenhouse gas. they're talking about when the ozone or the stress of ozone suspect completed, you cruise down the upper atmosphere, so it's an operative butt the problem is we are talking about the warming of the lower atmosphere as a result of long-wave radiation from the earth. so there's nothing to do with the ozone hole, with the climate change. and yes, industrial production is the major source of carbon emissions, and the people have actually tried to tease this out, what's the source of carbon from the industry, but also, we have to concede all other cascading effects. there's also transportation, which we can count as part of the production process while we can separate these. and what type of industry they are having, for example, in korea, they used to have a lot of heavy industry which use a lot of energy. but by moving toward the more green industry, they cou

u.s. to mexico to china in search of cheap labor. workers here in michigan who made bowling balls were paid $25 an hour, plus bonuses, plus overtime. brunswick bowling said the only way to compete was to move to mexico. leaving empty the muskegon plant they had been making bowling balls in since 1906. the lure for u.s. manufactures is sometimes offset by problems with quality control. >> mexican made pins and balls are not weighed carefully, he says. they're usually too light. so the pins don't fly like they should. some in michigan decided to buck the trend. he made cores for brunswick balls. when they left for mexico, he stayed behind and bet his life savings he could build a better bowling ball in the united states. >> i don't believe that their response due to competition is move offshore and put people out of work here in america. i think the right response is to try to do better engineering. >> reporter: with computer generated specs and patented graphics, sales of bowling balls have gone a few hundred to several thousand a mon

do you believe china could become a u.s. rival compared with that of the u.s.s.r. o the united states and do you believe if this happened that this could disrupt the balance of power in today's world? >> great question. the role of china in coming years will be a critical question. no doubt china will become an economic rival. it already is, soon be the second-largest economy in the world, soon to surpass japan. it will not come close to the u.s. at least in the short term. the economic engine in china, all indications are you will see continued growth, in parts by innovation and not just manufacturing. without a doubt economically there will be tension, there will be a race for resources around the world and you started to see chinese companies try to acquire access to resources, try to acquire foreign companies with access to mines and particular resources of interest. there are going to be rivalries. the key question for me is at what point do we see a maturation of chinese foreign policy? where they are less insular about threats to their own power in asia and m

u.s.-china relations?y, you heard the president in shanghai address is believed in universal value of a freak internet. -- free internet. we don't carve out our values based on what country we are talking to. obviously, as i said yesterday, and the secretary of state said previously, we have concern over events that have been written about. we wanted to and needed to hear from chinese officials about them, and that we supported the efforts of google to stop censoring their searches in china. i think that has been our posture and i think that appropriately stems from our belief in a free internet. >> you said a lot of that yesterday. but my question today is the chinese of our has played down the concerns and what are you looking for? >> i am not going to get into specifics. >> what do you need to hear? >> an explanation. i think people want to hear -- we have been briefed, others have been briefed, on what google experience. and as the state department said it, we need to hear now from the chinese. >> is t

u.s. you talk about china and india. we've all heard cliches about the rising middle classes. that's true. a billion who lives like like americans do. long-term oil prices and demand are going to go up. secondly, supply. the aj says we have to find three saudi arabia's by 2030 to just keep up with current demand to keep up with future demand we'd have to fine six saudi arabia's by 2030 because of the decline rates we see giant fields in mexico and saudi arabia. and thirdly the dollar. the dollar has to fall further. we have $14 billion in debt, sorry, $12 trillion in debt right now out there. american debt, and the current deficit for this year is $1.4 trillion. the dollar is due to be valued further that means of course oil will cost more. >> you think oil will be, if talking about the dollar, and hedge for dollar, heapings that oil, should be gold. talking oil. >> interesting. it's hard to argue those points, christopher, but steve hargreaves actually does from "money.com. an article cites people saying that's not going to happen. not going to see oil going up in that price.

. >> reporter: flights from china, spain and the u.s. also landed.he chinese cargo taking six hours to unload because of a shortage of needed equipment. incoming planes began to circle overhead, and by midday, the airport ran out of space on the tarmac and fuel. for a time, all flights from the u.s. to haiti were halted. air shipments of aid resumed later in the day. in washington, president obama called the haiti crisis a moment for american leadership. he announced an initial installment of $100 million in help for the country. >> this will mean more of the lifesaving equipment, food, water and medicine that will be needed. this investment will grow over the coming year as we embark on the long-term recovery from this unimaginable tragedy. >> reporter: the first wave of the u.s. effort involved a detachment of some 100 soldiers from the army's 82nd airborne division. they left fort bragg, north carolina today. their main task is to prepare for the arrival friday of more than 800 other u.s. military personnel. and thousands of additional u.s. troops

i am becoming more and more worried about the china, u.s.relationship that fit and tat, most recently steel and tires and the chinese have don -- done their share as well. here that situation, i think, bares careful watching. i could say a lot more about that, but i'll stop there. >> thank you, uri. the next panelist that will address the question is phillip suttle of the institute of international finance. phillip, in your earlier comments you've tended to emphasizes more hopeful, more optimistics aspects of the situation, what do you see as the risk? >> well, for one issue, i think it's important to get one's mind around is the issue of timing of all of this. one thing i think is in the near term, there are more more upside than downside even for the consensus. a lot of that is things that uri and myself have been talking about whether it's synchronizization or policy cycles. i think it's easier to see downside risk. if i can focus my risk discussions on those sort of medium-term vulnerabilities. by the way, i'd like to say hi to poland, w

u.s. going to proceed. but obviously everyone is also going to be watching china.here are some indicators that you can look for from china. actually a week ago china announced a change in its utility law that now requires chinese utilities to purchase renewable energy being produced and offered on the grade. this is the problem they were rapidly growing renewable capacity but they were not purchasing power. china has a history of phasing out of power plants and building new more efficient ones if that continues is a sign they are going to try to implement their carbon intensity commitment. if that does not continue it is a sign they've pushed this commitment second. but by far the most important would be the adoption of the 12th five-year plan in the spring. if the 12th five-year plan includes continued strong improvement in energy efficiency , commitments to pollution reduction and carvin commitments it is an irrefutable sign the chinese are taking this commitment seriously. i think it will. one other issue i want to touch on coming out of copenhagen is forests. s

secretary of state hillary clinton was in china, was talking about u.s. policy toward china, long before a number of assistant secretaries and others were appointed to help her set forth the policy. that has been a challenge this year. i'm not sure if it's any worse than previous administrations. host: mike on the line for democrats. guest: good morning. happy new year. hello? host: you are on the air. caller: if i might say something about international first. my problems with the president -- and i did vote for him and campus for him -- and i have a bumper sticker that i have not peeled off yet. i have a problem with the president on a domestic front three internationally, in terms of afghanistan, the president has also always said that it was something he was going to finish in finding osama bin laden, which i agree with. . i think we have talked about that to some degree. in terms of osama bin laden, he mentions the efforts to get osama bin laden. this, in a sense is the greatest mystery as to whether we will ever be able to bring him in. i am certain

u.s. from china so and of course when you take the basic figures it doesn't match. so, we already had this kind of process. but not globally. on the ballot as what you tell us is not consistent or what we know from another one and in the guice is go to hell i don't care. and so it wasn't that easy to make it consistent. now, if it works we have a process where everybody agrees to work together so the inconsistency will be on the table and then we need really to address this. so the four test system itself may improve orloff in the coming years hopefully. >> next question is from [inaudible] thank you. a great tragedy ahead, question mark. statute's prevent them from bailing out greece. we dismissed yesterday the idea excluding an ember from the year o'clock. the questio what should prevent us from believing greece is drifting away, argentina style, what are the risks of spinning out to portugal, spain etc? >> i think the situation of greece is fairly different from the other argentinian example for instance. it is more difficult and on safe it's more difficult becau

u.s. and china have mutual interests. continue to be discussed and we will continue to work with them. there are places where we disagree. we will get out a report at the end of next month on human rights conditions. we do that report every year that makes a range of comments about chinese human rights violations and problems. every year they come back and say that it is an interference. it is the nature of the relationship that there are issues that we will disagree on. we will continue to speak out strongly and clearly and we will have those discussions. that is part of what countries do with each other and this is part of the dialogue. >> you disagree that this has hurt the relationship? >> it is an inevitable part of the conversation that we talk about things where we disagree and try to find ways to bridge those differences. >> what exactly are the mutual interests? you disagree on the internet, it's a bet, tie 1, human-rights -- the internet, tibet, taiwan, the human rights issues. i would be very interested if ther

i know china rejected a u.s.monitor there covering those emissions at the copenhagen meeting so i think we need to be very transparent and build a trust which also echoes the president announced last year based on mutual trust we can monitor these in a more objective way and which can serve as a role model for other countries. this is one area that we can collaborate. and the other aspect is more like a private sector investment. how we can develop more green technology, green jobs. the korean attempt to create about a million green new jobs in the next coming decades. and i know that also u.s. tried to attempt to do a similar job but i heard the other day from npr that china is also taking a lot of this green technology, a lot of the solar panels are now being created in china rather than in the u.s. so main the u.s. is exporting all these energies to other countries so they have some implications how we can collaborate in mutual ways. the other aspect is more like a policy aspect. as i mentioned before all the

-- it was reported that a top china newspaper claims there is a u.s.onspiracy and that china can live without google. the chinese foreign ministry says it does not want the dispute to boil over. 3(china has blocked sites like facebook, a twitter, and youtube falling -- all in ethnic riots break beijing denies of the hacking accusation. those are some of the latest headlines on cspan radio. > was thost: more from the washington auto show where we read that electric is the big deal this year. we read that about 30 cars that make their debut at the recent detroit show will make an appearance here. in the first for the washington auto show, we hear that gm plans to let people drive people around the convention center in one of its dozen cars. public is invited into moral, $10 is the entry fee, today's policy day with members of the administration and the like. the next call is on the future of the total industry from hagerstown, maryland, republican, hello. caller: i took my old car in and the service was good. the salesman said not to buy electric cars.

u.s. in such a way that you can see or are their search linkages that you can see 8% or 9% growth in chinafect dean in a positive way growth in the u.s.? >> would you take the question? >> the linkages come through the training system. in these emerging economies, although they are weight in global gdp has been rising very rapidly, we are focused on that. they also have a waiting in global consumption. it's smaller relative to the weight that they have been local gdp but still appreciable. and if you're consumption growth rates on the order of 8%, 9% and china this does make a difference for the u.s. economy. now, that said, if you put this into the daniel realized that the extent to which the economies can do something for the advanced economy is still relatively limited or let me give you some numbers. if you take consumption in all the countries that ahead of this crisis have been running large current account deficits and are now experiencing increases in savings rate that are quite large, too. these economies comprise of the u.s., the uk, portugal island, greece, spain. sorry the acro

u.s. intentions in china? what would you say to prominent american business leaders like bill gates who said that china's internet censorship is actually "very limited?" >> on the ruiran, we had a prode conversation with the foreign minister. they are targeting the process, as you know it has been unified. we hope it continues to move forward. -- a move forward to work together to change the strategic calculus of the iranian leadership in respect to the nuclear program. we shared some of our thoughts with our chinese counterparts. we also set off some additional opportunities for expert consultation. we made it clear to everyone with whom i spoke today and yesterday that our efforts to apply pressure on iran's are not meant to punish the an iranian people. they are meant to change the approach that the iranian government has taken toward the nuclear program. we made that clear when the pf plus 1 agreed on a common plan to offer iran the opportunity to ship out the leu and have it reprocessed. china is very muc

do you believe that china could become a u.s. arrival? ance of power in today's world? >> great question. the role of china is a critical question in the coming years. no doubt china will become an economic rival. they already are and will soon be the second largest economy in the world surpassing japan. in terms of the economic engine in china, all indications are that continued growth are expected. without a doubt, economically, there will be tension. there will be a race for resources are round the world. the start to see chinese companies trying to acquire access to resources and foreign companies that have access to mines in particular resources of interest. they're going to be rivalries. the key question is the maturation of chinese foreign policy. are they less insular and less concerned about threats to their own power in asia and more responsible in dealing with some of these very important international threats? here is one example. in the run-up to the beijing olympics, the chinese were worried about terrorist attacks to disrupt

or not, we are not going to lease -- and we are seeing history and this is in europe and the u.s., and china well -- that when you have a vacancy, buildings that are greener lease back up again much more rapidly than buildings that are not. >> this is an interesting that you are seeing with greener buildings for even local pollution reasons they often use paints with compounds. children like buildings why don't have nasty chemicals, you may have a reason to do things that have a win-win on climate. you spent time thinking about development issues. one of the relatively ignored aspects of climate in my view is the link between climate and poverty. there are 1.6 billion people with no access to modern energy, no electricity, clean fuels. mostly in sub-saharan trick, parts of latin america and caribbean and mostly women and girls who watch walk miles apnd face indoor pollution. is there any opportunity to put forth an agenda that might be consistent with tackling climate change that could solve this problem for a third of humanity? >> i think there is a lot of potential for win-win-win solution

cooperation and consensus among the main stakeholders among the united nations, the u.s., korea, chinach had been a pillar of stability in that region will be a foundation in which to move forward. as well, peace and stability on the korean peninsula is a key interest to china. its role and active cooperation will continue to be important. if it[unintelligible] progress on the nuclear issue can come forward swiftly in safely. together, the university of north korean studies and woodrow wilson center have strived to bring great understanding of north korea and of the problems surrounding the korean peninsula. the work we have done together so far to uncover north korea's history has been an ongoing success, throwing -- drawing significant attention. i am sure that the partnership will continue to contribute to the research and policy making communities of korea and the u.s. and others. let me thank you for coming to the forum. i hope all of you will find that today's proceedings are informative and stimulating. thank you for your attention. [applause] >> thank you very much, dr. park. m