i know that to other countries united states china doing what i can even order them say it's now all we can do is to have based on prime minister is committed to assisting allies. we need to call movies developments carefully. of course the benefit of pacific and the first sentence. by the retelling. this is serious for amazing race and an alliance and its use of. haitian government said on wednesday that overseas agencies have supplied background checks on all denominations on the plane except those from ukraine and russia. it had it that none of the checks has turned up anything suspicious to fall ahead of generations beginning next month and his role alongside china and the destinations is attracting increasing attention the leadership of one of the day is in asia could be about to change

-china relationship. the united states has questions raised by china's position on ukraine, and i think other countries and in other parts of the world have questions as well, given china's stated commitment to territorial integrity and sovereignty, but yet it's de facto support for russia's position on ukraine. as i mentioned, these are questions we want to talk about more about in the u.s.-china relationship. at the heart of this task of managing our disagreements, managing our differences, is making sure that we can have substantive conversations about these questions and other questions in the u.s.-china relationship. because it is only through a more consistent dialogue between even theeaders on most commercial questions, that are difficult to talk about, but require answers, it is only through that that we will be able to manage our differences and disagreements in a way that create the political space for us to continue to cooperate and manage mistrust in a relationship. so let me conclude where i began. i think we

note that to other countries united states china doing what i can in the north and six. it's now all we can do is to have based on prime minister has committed to assisting know i said. we need to promote these people tend to read and of course the benefit of pacific and the first sentence. by the joining this is serious for amazing race in an alliance and is the center of. togetherness said overseas agencies has supplied background checks on all non malaysians on the plane except those from ukraine and russia. it added that none of the tanks has turned out anything suspicious. officials from imran and six world powers on into their second day at times in vienna on curbing tehran's nuclear program. a really good said the first day of discussions focused on the ukrainian enrichment activities and a lifting of economic sanctions the spokesman described the session as extensive and useful. i get told to use the three day meeting to set course for a final comprehensive agreement by late july. once these talks will focus on a heavy water reactors now under construction in wes

it is really becoming a multinational cooperation between australia, the united states, china, new zealand, and if it is there, as the prime minister of australia said, if it is there, we'll find it. >> given that you have to consider this, consider one of the most remote places in the world, and some of the deepest waters too, if, in fact, this is debris from the malaysian jet, what would it take to actually get more pieces and even to recover the wreckage and the black boxes? >> look, good question. i think this is going to be more difficult than locating air france 447 that crashed in the atlantic ocean in 2009. took them two years to actually locate the wreckage, the main body of wreckage. they found some pieces on the surface. but the main body two years. this is going to be more challenging. it is deeper. it is more inaccessible, it is far rougher. this will be a big, big challenge. so finding the debris is one thing. finding the black boxes and the main body of wreckage could take many years to do that. >> well, certainly the patience needed for an investigation like this. jeffrey t

it is australia, new zealand, the united states, malaysia, china, japan and korea. and he said all these countries are together. he wanted to thank them. he said he will visit north asia next week, korea, china and japan. in an area where people might not get along so well they are all coordinated and working on this. when it comes to the australians, you've heard what miles has to say. they are particularly well versed at doing this type of verb. it may an good thing that they are searching. >> i agree with miles. let's remember something. we're talking about two different things. we're talking about the search effort and then the investigation. and i absolutely agree that it is a good thing and i applaud the australian government for stepping forward on the search effort. no question the malaysian government is not eequipment to do this. the australians given the proximity have stepped forward and assumed overall coordination and control. the thing i found rather remarkable about the prime minister's statement is that really, if i was just listening to it without

i know that other countries, united states, china, are doing what they can in the northern sectors. >> reporter: more than 20 countries are involved in this massive search up close to 8 million square kilometers. it's an area larger than the size of australia. officials say they have not heard back from all the countries of which had citizens on board of whether they had links to terrorism. >> so far no information of significance on any passengers has been found. >> reporter: as for the commotion in the press center, the malaysian government said it regrets what happened, and will investigate it. with the search dragging on and with no new information to report the relatives of passengers are becoming impatient with answers. nicole johnson, al jazeera, can yokuala lumpur. >> the pro h prohibition of chel weapons overseaing the syrian chemical weapon said priorities one and priority two chemicals were delivered and loaded on cargo vessels in the past week. >>> the lebanese army has been sent into two towns which are in the grip of sectarian tensions related to the war. thpeople have b

in the desolate areas of the indian ocean with our p-3 orions, and i know other countries, united states chinaare doing what they can in the northern sectors. >> more than 30 countries are gheadged this mass -- engaged in this massive search. malasian officials say they haven't heard back from all the countries who had citizens on board about whether they had links to terrorism. >> apart from ukraine and russia both of which had nationals on board. so far no information of significance on any passengers has been found. >> as for the commotion in the press center, the malaysian government says it regrets what happened and will investigate it. with the search dragging on and little new information to report the relatives of passengers are becoming impeasht for answers -- impaicht foimpatient for answer. nicole johnston, al jazeera, kuala lumpur. >>> today israeli soldiers attacked, the attacks were said to be retaliation for a road side bombing on tuesday that wounded four israeli soldiers. meanwhile a top israeli soldier has once again publicly criticized president obama. israeli's defense mini

china, one from australia. a total of ten planes. the united states, new zealand, australia, china. they're going to be fanni innin over the search area. there's a new tactic. they're going to try to cover more ground. split the search by several different countries. try to cover more ground. why? today is a critical day. the weather is going to turn later on today, don. they are looking at the clock ticking. with the weather turning it's going to make this difficult trip even more challenging. don? >> absolutely. more you are generalurgency now good weather and a storm on the other side. kyung lah, we'll check back with you throughout the evening on cnn. >>> our breaking news is that according to a source close to the investigation telling cnn that radar tracked this flight, making that sharp left turn as it approached vietnamese air space and then dropping down rapidly to 12,000 feet. cnn's martin savidge has been standing by for us throughout this coverage in a boeing 777 simulator. martin savidge, what are you working for us, going to give us on the other side of the break? >> d

understanding between young scholars of china and young maylars of united states shape the understanding, the future of the relationship between china and the u.s. we are extremely lucky to have young here. -- yao ming here. he is a perfect representative of china and the u.s. [indiscernible] ming, ask who is yaoo everyone knows. yao ming and other chinese young scholars will share their perceptions, their understanding , and they're thinking our world concerning china today, concerning the relations.he i wish and i believe that our event will be a very successful one. thank you. [applause] >> i will start by thanking thorntonand the entire center. this is the best collection of china scholars in the u.s. it may be the best set of china policy scholars in universities here under around the world, and it is extraordinary, including predecessors,is two of whom i see in the audience. it's a great group. theme delighted for hosting this event, and hospitality they showed to me and my family two years ago when i spent three months traveling through china in preparation for a book. a major not

i need to encourage china to exhibit greater transparency with respect to its capabilities and intentions. sexy added that the united states also expressed concern in november when china set up an air defense identification zone over the east china sea with no prior notice. china does not offer a breakdown of its defence budget. furthermore analysts believe the spending plan does not include research and development costs for foreign purchases of defence equipment. you and i. policymakers at the european central bank and decided to keep the key interest rate of change they want to see how economic trends in the eurozone will develop amid concerns over very low inflation. the ecb board members gathered in frankfurt on thursday to draw monetary measures for the single currency bloc they decided to keep the current key interest rate unchanged at the record low of zero point two five percent. the economic situation across the eurozone remains fragile the unemployment rate remains as high as twelve percent and inflation is low the consumer price index rose only zero point eight percent in february far below the sea beast target

a relationship between the united states and china could not be more important. you have the opportunity to travel here, to listen, to learn more about the education , andatives in this country the ability to speak about it to students in the united states is very unique. it is one i will never forget. wearing what she is that seems to be interesting the chinese. she is being compared to china's first lady, who accompanied michelle obama throughout much of friday. president xi jinping met with her and the girls after their tour. topics like expanding cultural exchange between the countries, avoiding the issue of china's human rights, at the top of her husband's foreign-policy agenda. forward toking meeting president obama when we attend a summit together in the hague next week. i am also looking forward to his visit to china in november, the apex are met -- the apec summit. see china'sd landmarks, which should provide plenty of photo opportunities. a famous panda preserve. girls arer if the good at table tennis like there -- their mum? you can continue watching o

doomed flight but recovery efforts continue today as 12 planes from five ships including the united states, china, japan, south korea and new zealand scour the seas for signs of wreckage. >> stock alert for you, we are watching shares of sotheby's. nicole petallides on the show floor of the stock exchange. nicole: that was up 1/2%. big news, activist investor has acquired 9.6% of these shares and trying to acquire more so, but there is a so-called poison pill in place and he has sued the auction house to remove that poison pill because basically it hampers its ability to have upwards of the shares. passive investors with bigger positions. >> thank you so much. now on at blackhawk's cheek -- she focusing on active as investors, >> jimenez $4 trillion and gets a little bit of a device for leaders of corporate america. and lending his waist to a debate, there's a long term planning. in a letter to s&p 500's ceo, and not necessarily activists. maria bartiroma on the opening bell on a fox business exclusive this morning. >> our views today that the narrative is so loud now on the activist side. and to

meantime, airplanes from the united states, china, japan, britain, australia, all on their way again to a remote part of the indian ocean with eyes on the water. it is another day of looking for debris that might not be there and chasing satellite images taken several days ago. the space they're searching is vast. the pieces they're trying to find are relatively small. let's go live now to kuala lumpur. i just said that a source told cnn about this updated radar data. how does this picture change with this new information? >> reporter: it changes so many things. it really does bring us more detail. it is a small amount of detail but significant, don. in this investigation into what happened on board flight 370 shortly before it disappeared off the radar and disappeared for the past two weeks. day 17 here as the sun rises in kuala lumpur since the plane took off. let me tell but the detail we have from this source close to the investigation. what we understand is some time between 1:19 and 2:40 a.m., a military radar believes that the plane not only made a turn but it dropped to 12,00

and right now a massive search continues 10 countries including the united states, china, vietnam, and australia. and that's not all. the search includes at least 56 ships. 36 wing aircraft and 10 helicopters and even today u.s. navy officials confirming the uss kid is on its way to the indian ocean to help in the search. taiwanese vessels are expected to arrive there between now and friday. the search area is growing after new reports the plane may havel

and right now a massive search continues 10 countries including the united states, china, vietnam, and australia. and that's not all. the search includes at least 56 ships. 36 wing aircraft and 10 helicopters and even today u.s. navy officials confirming the uss kid is on its way to the indian ocean to help in the search. taiwanese vessels are expected to arrive there between now and friday. the search area is growing after new reports the plane may have flown at four more hours after it lost contact with ground control. now, that widens the search area towards the indian ocean. and that is more than 38,000 square miles covering the south china sea, the gulf of thailand the straits of malacca and indian ocean. what is the latest in this investigation? >> >> hi, greta. well, still no trace of the plane and it looks like they are going, to expand the search even further at this time. there were hopes raised earlier today when china released satellite photos, which indicated they may have found the debris from the plane. air and sea search by both malaysia and vietnam in that area. found

militaries, the navies from multiple nations, including malaysia, vietnam, singapore, the united states, china, australia, the philippines, have all converged into this area, thailand, as well, looking for this plane and so far nothing as we are now approaching nearly coming up on 72 hours soon. >> the other question that i have for you, because you've been covering this for so long, is everyone is searching for some sort of clues in past history, looking at the air france jetliner that went down, but has there been anything like this, tom? >> you have to go back to a missing plane in 1947 as the last time a plane just disappeared like this and we haven't seen it since. in this particular -- let's talk about air france, that plane disappeared over the atlantic ocean, but they did spot debris within about 36 hours or so, they found the tail you may recall and pieces floating on the ocean surface. it took them two years before they found the body of the wreckage in the mountain zone below the ocean there or on the ocean floor, but they found wreckage relatively quickly. in the case of twa-800 of

far as aircraft in the air, especially the lockheed-built p-3 reconnaissance planes, the united states, japan, chinaw zealand have deployed the p-3s. the p-8, the sophisticated version, come courtesy of the united states. >> barbara starr joins us right now. barbara, give us a sense of this arsenal being deployed. >> well, you know, it's not just the equipment, but the number of countries that have come together in this very unexpected coalition. this is the size in the coalition of what you do for a real military operation. here, of course, a humanitarian effort to find out what happened to the people on board this flight. and it is going to grow, as they begin to locate potential debris. now the u.s. navy has added something to the mix. in fact, today flying from jfk airport in new york will be a very sophisticated piece of equipment that the navy is going to send out there so they can help search for the data recorders if it comes to that. this is essentially a piece of equipment that goes into the water, is towed by a ship, and listens, if you will, for the pings from the data recorders. they st

several countries are assisting plainings authorities in their efforts including the united states, china and india. tensions have grown as china and vietnam were critical of malaysian authorities coordinating the efforts. thursday, u.s. investigators were looking at data that suggested the plain miff flown for hours after the last known contact. plainings authorities disagreed and said all passages were still open. we have andy pasztor joining us from los angeles, california. >> absolutely, good to be here. >> charlie: tell me where we are at this moment. you filed that story overnight, then you had the acting transport minister suggest it wasn't true, as far as he knew. what's happened since then because u.s. investigators seem to be suggesting there was a period in which the plane seemed to have flown, because of sensors and other things, after last contact, i think which was at 10:3 a.m. or 10:7 a.m. >> if we take a step back, this is turning into a bad tom clancy novel. you have the malaysian investigators who are challenged and critics would say they're not overly comp at the presen

they said radar and it's been given to the united states and china? it's radar, we have heard that the wall street journal was reporting that a satellite had picked up the plane. now you have a satellite pinging and a radar. i'm going to go -- listen, it sounds like they're going to know pretty darn close where this plane is and they're probably getting the assets the to find it. >> we can hope so, until we find out it went in the drink right there. i'm not sure exactly what we know. how do they know? why do they tell us they believe this plane flew for four to five hours? the only thing i can figure is they put all these data points together. they were able to compile it all and said all right, here's the most logical thing to have happen. we have pings here. the ping doesn't say this is this airline, flight 370. they say this is some object in the air. thaw put it together and thought it took this route and flew unevenly down at 2300 feet. i don't think they would drop this on the "times" if they didn't know. >> thanks for all that information and m

and right now a massive search continues 10 countries including the united states, china, vietnam, andand that's not all. the search includes at least 56 ships. 36 wing aircraft and 10 helicopters and even today u.s. navy officials confirming the uss kid is on its way to the indian ocean to help in the search. taiwanese vessels are expected to arrive there between now and friday. the search area is growing after new reports the plane may have flown

if you did a poll, and i asked you who is going to be the leading economy, united states or china?hat's not patriotism. that's reality. america is better positioned than any other nation to dominate in the 21st-century.

not thought likely but that's a place where it becomes a real threat to markets here in the united states. chinaged assessment here. if china's problems end up being an orderly economic weakness, not much effect on the united states, maybe 0.2 to half a point of gdp growth. what it takes away in growth it may give back in lower prices. if it ends up being a financial problem, contagion is a place where investors need to worry. oil prices are affected by these two things right here, china and crimea. what happens with western sanctions could have an impact on oil prices but china's economic weakness could end up putting a lid on those oil prices now running about $98. finally, my biggest threat, i will come over here, is that it's not weather. a lot of the economic weakness, that it's something else. we need to see later this month, perhaps, from the anecdotes we get from the real estate industry, then in the early april data, some sense of snapback. my biggest concern right now, rather than all of these things, is that what we have seen in the weakness of the data is whethwhetheeather. i still b

if you did a poll, and i asked you who is going to be the leading economy, united states or china?hat's not patriotism. that's reality. america is better positioned than any other nation to dominate in the 21st-century. china, god love them. i spend a lot of time in china and a lot of time with president ching. they don't have enough water to take care of their need for the next 25 years. they not only have an energy problem and the pollution problem. they have a problem of fundamental shift in their society from an agrarian society to a society made up of cities of 20 or 30 or arty 5 million people. they are in a position where they have real problems. europe we want to see do well, but why are manufacturers coming from europe as well as china and the far east? gas is seven times cheaper here than it is there. we are going to be the epicenter of energy in north america throughout the first half of the 20th century. that's not a boast. it's a pure, natural fact. we have everything going for us. everything. we have the best education. our workers are three times as productive. that'

we see problems in the united states, china, europe, and japan. so akrcross the board we see a range of different issues that the markets will have to digest in the next couple of years. >> i see you have a lot of old tech names in there. the ciscos, the microsofts. and i'm just wondering -- >> oracle, top holding. >> yes, sorry. if the market takes off and we do get a breakout to the upside and you have some in cash and some in these old tech names that are buying back stock and issuing high dividends, are you concerned you may lag the market? >> our goal first and foremost is to preserve capital as opposed to having maximum leverage to one particular phase of the market. our belief is if we own businesses that control an element of scarcity, they have a dominant mark-up position, through a full business cycle will generate attractive returns offen that capital. also resilience in crisis. the kinds of names you mentioned are cheap on cash flow. a lot of the stuff flying at the moment is cheap on price to concept. and with believe if you look at t

china sea to the street of melaka. but there's still no clues to its whereabouts. vietnam and singapore at monday's involved in the section along with the united states and china. an eight man team and japan's emergency rescue citizens joined the senate on wednesday following a request from the malaysian government japan's defense minister is sending one hundred years now and five and six including at least one c one thirty transport plane and a p three c patrol. i see one parity will drive early thursday the agreement we need to consider how the nation's corporate and with malaysia the country is an important part of japan we hope will be able to make a significant contribution. the malaysia airlines flight to nh to be seventy he was carrying two hundred and thirty nine people when it disappears most of its passengers were from china a key economic nightmare for malaysia. yemen officials from the two countries met me or call lumpur on wednesday to discuss the sec sch. it too not to cut the debate. we want to tell the families that we have deep consideration the feelings and we asked them to understand that this is something totally unexpected they should know

with such area for the ashcroft has been extended and several countries among them frogs united states and china have been helping such entering a new face. i wasn't really his acting transport minister on sundays he announced that age of twenty one countries are now looking for the missing link in italy scotland and the only information that they make a good travel this far north the central asian countries to get more satellite data to moderate the pot and such got baptized assets including the us china and products among others to provide further said that. the we are conducting additional countries who may be able to question the specific assets relevant to the search and rescue of the show. such are the juggling he continues the nation police said they were speaking background checks or passengers aboard flight inmates three seventy he couldn't confirm the names of the youth day cross calling it a side to side today. lately the pundits how to request it to philly to get there inquiry surrounding the county and painfully is intensified often ignatius twenty minutes to reveal the inside to ta

in addition, china's lack of regard for the intellectual property rights of the united states and other nations is a significant problem for the global community. china is the leading source of counterfeit parts in military systems and in the commercial sector. in addition, china appears to have engaged in a massive campaign to steal technology and other vital business information from american industry and from our government. china's apparent willingness to exploit cyberspace to conduct corporate espionage and steal trade and proprietary information from u.s. companies should drive our government and businesses to come together to advance our own cybersecurity. we also have grave concerns that china's cyberactivities, particularly those targeting private companies that sport mobilization and deployment, could be used to degrade our ability to respond during a contingency. our committee will soon release a report on cyber intrusions affecting u.s. transportation command contracts. the administration continues to rebalance towards the asia pacific to meet these challenges. substantial r

freedom is definitely in question for religious minorities yet the united states continue to engage leaders from countries like china. this is a poor move by the united states. >> what does the network say? >> e >> e >> eliza says, he should be denied the visa for the pogrom. then ari says, absolutely not, when modi talks about development, he talks about development for all indians, and finally 786 says india is a secular democracy, modi espouses only the religious philosopher to be prominent. my question for sunny, we talk about modi's promise for pluralism in the world's largest democracy. do you feel that's achievable? >> i think it's tricky certainly because as you said, modi is a part of the bjp and the bjp is part of a group called the sunp sunparavar. traditionally seen as muslims and christians as outsiders in india. after 2002 modi went around and kept saying gujarat riots never even happened. he's responsible for the police not stopping the riots and he even appointed a woman in his cabinet who was later on convicted as one of the key instigators of the riot. she was actually found handing out weapons to

warning by the premier that china wouldn't allow any country to reverse the course of history, a comment that is seen as an oblique reference that japan, possibility the united states and china rises on the global stage. for nightly business report, beijing. >>> well, despite china's strong growth projections, the country could see its first ever corporate bond default. a solar firm says it won't be able to make an interest payment this friday. it's something investors are keeping a close eye on and michelle caruso cabrera joins us with more on all of this. how serious is this, and why is this the first ever corporate bond default? >> well, it's not that all chinese corporatings have been perfect and very profitable and been able to pay their debts. except when they run into trouble, the refers and the bonds have been bailed out either by the underwriters or government. this will be the first time where government says we're not going to do that this time. >> capitalism is supposed to work like that. not that they're capitalists, but -- >> right, right. some people say this is a good thing. this needs to finally happen. >> so tell me about why some analysts are cal

the downbeat sentiment stems from poor readings on manufacturing activity in the united states and chinamajor bourses in the region closed lower as profit taking has emerged after rallies the previous days. the nikkei average here in tokyo fell just about 0.4%. did finish 14,423. a pause in the yen's weakness failed to boost overall sentiment. and in australia, the s&p asx 200 index also with declines of about 0.2%, 5336. that did snap two days of gains there. shares of gold miners took a heavy beating on falling gold prices. meanwhile the shanghai composite with very slight gains today, there you see up just a fraction, 2,067. investors bought shares of companies that are linked to shanghai's free trade zone. that's due to reports regulators may further relax restrictions in that zone. senior officials of japan and australia are holding talks on a free trade deal wednesday. they're aiming to hammer out a basic economic partnership agreement by early next month. japan's agriculture minister stressed his hope to make progress in the negotiations. >> translator: we will try to reach an agr

china. they walked ahead of security along path ways that date back to the ming dynasty. mrs.oe what is encouraging -- mrs. obama is encouraging deeper ties between united states. >>> services at a church and no one leaving their car. >>> the church is situated on what used to be a drive in movie theater in daytona beach. and now dogs and children, and those who do not feel comfortable in regular setting are welcomed. >> we've even had people come when they're battling illnesses or don't want to dress up. >> seven people were shot in the city's tenderloin district. we will have a live update coming up. >>> not your typical race car. the unique event in sonoma that has junk cars taking to the tracks to win. >>> continuing coverage now on the breaking news we've been following throughout the newscast. police updated us on the number of victims saying seven people were shot tonight in the tenderloin. christien kafton is live now on the scene with what else he's learned about this shooting, christien. >> reporter: just in the last two minutes or so we spoke to the police captain. and he's given us more of an update. there's an investigation going on at turk and ta

china sea in the straits of melaka. as far west as the territorial borders of india. southeast asian nations including vietnam and singapore are involved in this and so on the united states and china. the country as a result so today's such we were unable to find any trace of the missing plane the last. eight men that of austria from the japanese government's emergency rescue team arrived on wednesday filing a request for assistance from the venetian government. japan is preparing to send transport planes from the self defense force patrol planes bombed the maritime self defense force and about one hundred personnel. japanese kids got a couple holes to join the sec sch. the agreement we need to consider how other nations incorporating with malaysia. the country is an important part of japan we hope will be able to make a significant contribution the majority of passengers on polling day and age three seven and went from trying and in portions economic costs and form a shia government officials from the two countries makes me a condom on wednesday. we exchanged information about this anti assets. haitian prime in the senate to resign is apparently what we did our chinese

and also, china looks at the south china sea the way the united states, we, looked a to the greater caribbean9th and early 20th century. we control the caribbean, it unlocks the door to world power. >> so should we be concerned about the growing u.s./china military relationship? >> we should be. because, look, the united states and china are locked in a tight economic embrace. which is a stabilizer for our relationship. so that's the soft end of our relationship. the hard end is where this chinese navy is deployed in its adjacent seas and where the united states is deployed in the pacific. the chinese officials have said to me, look, you've come from half a world away with your navy. that makes you a hegemonic power, but these are our own seas, we're just protecting our own. but the united states would say, wait a minute, we're a pacific power too. we fought world war ii in the pacific, we fought vietnam, korea, we've been supporting the philippines sin 1899, we're destined to be a pacific power. so the different points of view of the united states and chooin are geographical points of view.

. >> the militaries of malaysia, australia, united states, new zealand, china, japan and korea are all working hand in glove to find the missing plane. i should also like to point out that asia has given clearance for aircrafts from nine different countries to fly as part of this search. as prime minister i have said it is heartening to see so many different countries working together for a humanitarian cause, to resolve this extraordinary mystery and to bring closure for the families of those involved. >>> jennifer pak is in kuala lumpur. jennifer, was there anything else of substance announced today? >> reporter: well, you heard from the acting transport minister that this is a great effort. the reason he is trying to emphasize this, and he's trying to reassure the families of loved ones aboard flight 370, that they are doing everything they can to find the plane. at this point in time some 30 family members flew in over the weekend that demanded to meet the prime minister. they want to have technical briefings from officials to get more details. unfortunately it's because a lot of t

for the fifth straight year, that surpassed the united states, making china the world's largest automobile market. look, traffic again. you cannot go a mile without hitting bad traffic in china. by 2020, this market will sell 30 million vehicles. and with a big push for urbanization making big cities like beijing even bigger, oh, they gridlock is just going to get worse. driving through the pretty intense beijing traffic problem. various measures have been introduced to try to curb this. that is the plan at least. they have not taken effect. >> the problem is that they are temporary. they will ease the problem but will not solve the problem of the number of cars on the road. last year, 22 million sold gold literally can carmakers -- sold globally. carmakers are planning to put out 120 million vehicles out in 2016. that is a big jump. toto sell them as opposed take them off the rose. >> yes. is also predict in that there will be something called peak car. the number of cars will topple at 100 million per year because of the gridlock on the roads. so it is quickly becoming chicken-and-eight.

an area as large as the continental united states. chinaakhstan are taking the lead from northern thailand into central asia. australia and indonesia are taking the lead in the southern route patrolling the indian ocean. australians are focusing their search on this area, the possible flight path they got based on the final perform pings to the satellite the u.s. navy is deploying a p-8 poe side dan and is submarine hunting plane that can cover 10,000 you miles in one nine-hour flight. if the plane is in the water, another set of challenges. search specialist mccallum says if the flight is found off the bay of bengal, searchers will have to go very deep to find it. >> it's between 4 and 7,000 meters, which is around 12 to 24, 25,000 feet. significant depths. >> reporter: now, at that point submersibles would have to be used, either man or remotely operated ones would have to go down to take photographs. that's a man submersible. that tl is a special arm in the upper right and when we scan the video you'll see it again there, that silver arm

about alibaba planning to go public in the united states and also weibo filing to go public in the united states. and formercrid yu executive at google and chinand paul sweeney. let's talk about the regulatory issues. obviously, a lot of discussion between alibaba and hong kong listed executive of whether it could be an hong kong or the united states and they decided to go with the united states, why to controls jack ma with a minority stake and that has to be the primary reason for him to do that. >> a fairly amazing thing. looking for ma is is unique, no other company has this kind of structure he is going for. >> i have never seen a company where they want to have partners name certain board members. fundamentally, they choose who is on the board. what is amazing that u.s. security law will allow this at hong kong offers better protections than the u.s. the u.s. is going to get a $1 billion likely from lawyers and exchanges and investment banks and everything. paul, let me put it to you. the same with the weibo. let me read this from the filing. if you are buying the stock, you are not abiding weibo but a cayman island holding. they said is

united states. >> italy meets the united states and the united states will meet china.e have promised we would take the brand international and this is a first tangible evidence that it can happen. >> aside from sergio's word, the biggest buzz word was technology. >> it's about design and performance and you can achieve visionary cars if you are a leader in the top technology. this is key. >> what mclaren is all about is using technology to build the best sports cars in the world in whatever segment we go into. >> electric and electronic architecture will take over in the future. when electronic cars are about 35% of value, we will go up to 50%. you will drive whatever solution. you will have the opportunity to drive all of these features in one car because the car manufacturer will not decide. >> our strategy of ford is to be agnostic on the operating system. so you can have an ios, and apple phone, and android -- whatever the customer wants, we will be able to handle it. >> one of the things we are very clear on is the integration of handsets into the vehicle. that's

and china could do more technologically and haven't for whatever reason. >> well, that exact point you made was made in fact in an editorial today, state run china saying that the united states should bring in the superpower. that's another sensitivity you brought up. a lot of capabilities that can be used to track this plane, they're militarily sensitive. is it your sense that countries would hold back for national security reasons because that would reveal too much to potential adversaries in the region? >> i think it's a possibility, but these countries aren't exactly cold warriors as far as that goes. i don't i this they'd go so for in a case of this magnitude, you know, because they could -- they can divulge information we saw the plane or we didn't see it, without giving up all the details of every radar installation. you'd expect countries to have defensive radar on their islands protecting their country. this aircraft went through malaysia's air defense radars and it didn't set off any alarms or anything with the country that should have had the most reason to be looking for it. >> all right, tom, laura and chuck, stay with us. we'll continue this discussion.