us and china national interest. don't you think afghanistan to become a model of cooperation between us and china once again? >> i would love to here the views, but i think your onto something important. china has played mostly an internal game with respect to its resources and its clout. and now being on the world stage they we will have to engage more and more there is no more immediate issue than south asia and specifically afghanistan now that all sure afghani has taken over, and he has to look at the picture and say what do i do in terms of my negotiations? what do i do about economic prospects? china will want to play a role. what do i do with respect to my ongoing relationship with pakistan which we will be key to any outcome with the taliban and india will have to factor in. you look at the players, you look at the traditional prospects for trouble in that region of the world over hundreds and hundreds of years, and there is huge opening for the united states and china to work collaboratively on issues of sta

china's leaders are using the currency to strengthen the country's influence around the globe. to achieve that goal, china is expected to further ease regulations, such as expanding the ban of its currency. but if the yuan is to become more popular around the world, china also needs to ease domestic financial regulations, including those involving interest rates and transactions. in other words, the future of the yuan depends on how much china can ease its regulations. >> all right. >>> there are only a few days left before the end of the year. department stores in japan are preparing bargain packages known as lucky bags for the new year sales period. lucky bags filled with items at bargain prices are a popular new year purchase. it is preparing bags for foreign visitors for the first time because the number of foreign tourists is rising due to the weaker yen. some bags are themed on japan's hot springs and contain bathing goods and a traditional outfit for relaxing. other bags contain japanese table ware. >> translator: our lucky bags contain quality japanese goods. i hope fore

china's leaders are using their currency to strengthen the country's influence around the globe. achieve that goal china is expected to further ease regulations such as expanding the daily floating band of its currency. but if the yuan is to become more popular around the world, china also needs to ease domestic financial regulations including those involving interest rates and captive transactions. in other words, the future of the yuan depends on how much china can ease its regulations. >> that's all for now in business. i'll leave you with the market figures. ♪ ♪ >>> people around the world can find hello kitty on everything from t-shirts to coffee mugs. the popular character was created in japan 40 years ago. and the current designer, yuko yamaguchi, believes the pop culture icon shows no signs of slowing down. >> reporter: los angeles, california, usa. 25,000 fans gathered at a venue in little tokyo in october to celebrate the 40th anniversary of the birth of hello kitty. >> i love hello kitty. >> i'm an original hello kitty fan since 1978 and now my daughter is a fan, too,

by the way, i'm actually shocked that people use china and vietnam as the example to follow because those oppressive regimes. i frankly think that we're going to regret the day that we treat china as if they were a democratic, wonderful democracy-loving country. having said that, we don't have diplomatic relationships with states who sponsor terrorism. cuba is a state sponsor of terrorism. now, wolf, mark my words, you watch, president obama will give that away as well. he will change that designation that has been there under his administration and previous administrations because i guarantee you another concession the president has given to the castro regime is he's going to take cuba off the lists of state that is sponsor terrorism, that it is a state sponsor of terrorism. president obama has appeased it, giving it everything that they had been asking for. and the only thing -- there are no guarantees for people having more freedom. there are no demands, frankly, for any verification of the little that the president says he's asking for. but what he has given is what the castro regime

going to china, it had something to do with that nuanced phrase that the president news -- used. >> the president is trying to keep the china connection undercover because he wants to go to beijing and nudge it in the right direction to make sure that the turf out these koreans that are inhabiting chinese cities. this is the diplomatic answer. whether or not we call it cyber vandalism or an act of war, what do we do about it? ours important that response be effective whether it is proportional are not. we have not had an effective response either in north korea or china. >> is it notable that china has done a lot of surveillance of u.s. companies through its cyber capabilities and this was an attack on a country, not -- company, not the country? >> while he is talking to the chinese about the north korean attacks on an american based business he has got to talk to the chinese about their attacks on our businesses and that puts the chinese in a difficult position. they cannot say this is really bad because they know that their involvement and we can prove it because we have attributed th

us. >> china will eat russia alive. lou: colonel ralph peters, thank you. >>> up next, china, russia, north korea, iran suspected on investigations from the federal government to airlines to sony pictures. the government, well, they acknowledge they're powerless in the face of the threat. at least now. coming up next, we'll find out coming up next, we'll find out what can be done about it? ♪ (holiday music is playing) hey! coming up next, we'll find out what can be done about it? i guess we're going to need a new santa ♪(the music builds to a climax.) more people are coming to audi than ever before. see why now is the best time. audi will cover your first month's payment on select models at the season of audi sales event. visit audioffers.com today. dentures with toothpaste or plain water. and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dent

china suspects the u.s. military uses north korean aggression as a pretext for setting up thaad to monitor china's military facilities. an expert on south korean foreign policy says during a visit to china in october, government and military officials strongly opposed thaad. >> translator: chinese officials told me that if the united states uses thaad it will be able to detect chinese missiles, and make preemptive attacks. there's no doubt that the u.s. is trying to intimidate china. that's why we object to deployment. >> reporter: south korea says the u.s. deployment of thaad will help defend the country. but it has avoided a clear stance on the issue. it says the u.s. has not formally approached south korea about the matter. meanwhile, politicians in south korea's national assembly have been debating the issue for a month. >> translator: if we decide not to use thaad, north korea will be free to threaten our citizens with nuclear missiles. >> translator: thaad could mean we are pulled into a dispute between the u.s. and

they have to have platforms, other facilities in china that are being used. and also, they really can't carry out very much of this without some tacit approval from china. chin you could have stopped them. >> thank you. we'll be watching developments. thank you very much. >> maria, thank you. >> congressman peter king joining us. it's been a week of global upheaval, terrorism attacks in australia and pakistan and cyber attacks here at home. former cia officer mike baker is on deck. follow me on twitte twitter @mariabartiromo, @sunday futures. let us know what you'd like to hear from mike baker of the cia when we come back. stay with us. we're looking ahead on "sunday morning futures." thanks. ♪ [ male announcer ] fedex® has solutions to able global commerce that can help your company grow steadily and quickly. great job. (mandarin) ♪ cut it out. >>see you tomorrow. ♪ what if one push up couldcoli cprevent heart disease?cancer? one. wishful thinking, right? but there is one step you can take to help prevent another serious disease- pneumococcal pneumonia. one d

they have to have platforms, other facilities in china that are being used. and also, they really can't carry out very much of this without some tacit approval from china. chin you could have stopped them. >> thank you. we'll be watching developments. thank you very much. >> maria, thank you. >> congressman peter king joining us. it's been a week of global upheaval, terrorism attacks in australia and pakistan and cyber attacks here at home. former cia officer mike baker is on deck. follow me on twitte twitter @mariabartiromo, @sunday futures. let us know what you'd like to hear from mike baker of the cia when we come back. stay with us. we're looking ahead on "sunday morning futures." she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as

so this is why china can make use of the strategies. keeping a low profile. is my personal view. changes the policy to new directions. the first part. the second part i would like to talk about china's foreign policy. when we talk about china's foreign policy we have to remember one thing. that is when china makes foreign policy it's always emphasized the balance between the political economy and foreign policy. so china's foreign policy or the political economy. since ping's -- because china. first are the international changes. global one, regional one and bilateral one. we enter into a new stage of the china economic growth. so china had to deal with it. dramatic challenges. making use of the international forces. so china put forward the new strategies. china not only cooperated with the asian-pacific countries but also with asia and south asian countries. so we cannot stay successful. but it's work. especially this year. china first set up the silk -- and then aiib. so this is a new direction. i call it the two-head foreign policy. this one and the secon

us. >> china will eat russia alive. olonel ralph peters, thank you. >>> up next, china, russia, north korea, iran suspected on investigations from the federal government to airlines to sony pictures. the government, well, they acknowledge they're powerless in the face of the threat. at least now. coming up next, we'll find out what can be done about it? hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue sw

other nation on earth and, yes, concerning flaws the standards may give us some sort of comparative advantage in spying on china, once they discover it they'll be able to use the same

us. china's been slowing. last night they eased a little bit. ing to get their economy growing as well. so right now the biggest risk to us is outside of the u.s. adam: so lindsay, let me ask you, i know both of you will cringe when i say this but i'm all index fund. very simple, one, because i can't do individual stocks as a reporter but where should someone who wants to trade individual stock, which sectors in 2015 can protect you from a slowdown in china or deflation in europe? >> well, if you buy the idea that the consumer going to remain strong as we turn the corner into the new year, in part to energy price reprieve at the pump, certainly retail would be an interesting sector to get involved in. but of course, a a longer term, in order to maintain these types of robust spending levels we will have to see organic job and income growth here in the u.s. so it may be more of a short term play as opposed to a longer term sit and wait it out. adam: david, who are you most concerned about, sector or perhaps individual stock? i was just having a di

it was inobama says it couldber vandalism get more complicated once a china is involved. joining us from new york is gordon chang, you have written a lot about this relationship between the u.s. and china and the u.s. and china and north korea. what do we think likely happened? >> these attacks originated in china. sources have been telling media organizations the tax did not --attacks did not originate in north korea. if they started in china, that would be consistent about what we know. right now, we don't have enough evidence to say 100%. what we do know is these attacks were routed through chinese ip addresses and that means china had to know what was going on because china has a great firewall, the most sophisticated set of internet controls. they know everything that goes out and comes back and we know of the sony attacks, the north koreans took at least 100 terabytes of documents. clearly the chinese knew what was going on inside the borders. >> it is amazing the infrastructure north korea has put together. a paper, from a former hacker, who worked in china, said that the fac

. >> china overtakes us. >> america has to live with the china that exists.

members of the house of representatives voted unanimously and condemned china's use of force to hinder travel of ships and aircraft. their resolution highlights friction last year in the east china sea. a chinese navy vessel locked weapons radar on ships from japan. leaders in beijing later declared on air defense identification zone consulting other countries. this focuses on incidents in the south china sea. a state owned company anchored an oil rig this may and deployed 80 vessels. members expressed concern earlier about what they call china's attempt to change status quo by force. they adopted a resolution in july. >>> leaders in china appear to be losing their battle against corruption. they claim they're cracking down on crooked bureaucrats, but a global watchdog suggest is their public sector has become even less transparent. researchers at transparency international ranked 175 countries ranked on ethics. denmark earned first place for the third year in a row. next new zealand and finland. china plunged from 80th to 100th. many say officials of state owned firms have fled abroad

us. in washington, i'm ray suarez. let's take a look at china. china overtakes us. it's the world's manufacturer. america has to live with the china that exists.

they deny their company has links to china's government but analysts say china may use the arrangement to wield greater influence in central america. many people in nicaragua oppose the project. they say it will cause extensive damage to the environment. >>> space authorities in russia are celebrating the launch of an experimental rocket. they hope to use it for delivering commercial and military satellites into orbit. the angara a-5 took off from the space center in northern russia. it was carrying a mock satellite and delivered it into orbit on schedule. it is the first russian heavy rocket to be developed since the fall of the soviet union. it's said to be able to carry a payload of up to 24 tons. president vladimir putin monitored the launch from moscow. he hailed it as proof of russia's leading role in space exploration. he said the rocket will strengthen defense, reconnaissance, navigation, and communication capabilities. russian space authorities are trying to compete with the u.s. and china. they've been using spacecraft designed in the soviet era but putin has encouraged them

if it was us, all of the tele communications and internet back grown for north korea goes through chinaif we attack north korea's internet we use chi china's back bone to attack their only ally. the chinese must be livid. >> so you're saying both north korea if they did this, and the u.s. if we did it, both have to go through china? >> in a sense, that's rightful right. because the chinese hackers, more than half are in china and these attacks were route the through chinese server addresses. the chinese saw all ever the data. a huntdred -- terra bytes. the chinese new what was going on. >> could this movie change american foreign policy or how will it? >> i think it will and i think the president who is now of course showing complete pend ens of congress which is probably well over due, is now in a position to fundamentally readjust our foreign policy with cheena. china. it is not going to be easy because the folks in north korea are just as likely to annoy the chinese for the hell of it as they are to the united states. >> thank you gentleman for this substantive conversation. >>> ahea

china. former u.n. ambassador john bolton joins us. is china a player in this?the president said today there was no evidence of that. you have to wonder, though, how sophisticated north korea's capabilities are. the fbi statement was interesting. it ascribed responsibility to north korea, but it didn't say it was actually north koreans who did it. so who was it? did they contract with the mafia? did they hire chinese computer programmers who were out of work? china and north korea are extraordinarily close, and if they wanted to find help somewhere china would be the first place to look. >> i think that americans don't understand how unusual north korea is. i use that word unusual very politely. let me read a tweet in the last hour from their official news service. this will give you an idea of what we're dealing with. this is their tweet. "in futile effort to ward off bankruptcy u.s. mobster president begs people of cuba for foreign aid and investment." we are not dealing with people who think the way we do. >> no. and they have characterized us to their people

china here in london. we are joined by the ceo of goldman sachs asset management international. andrew, great to have you with us. is there a battle between old china and credit fueled growth? and the new china and this restructuring? a kid it was called a blinking contest. it old china just blink? blink?id old china just >> i don't think they blinked. we are used to it growing at a high rate. it is more likely to grow somewhere in the region of six or six in half over the next couple years. these reforms they are putting in place, dealing with the real estate sector, they are good for the long-term, but in the short-term term, we have to get to a more sustainable growth half. i think that's what we have to grapple with. >> you look at a chinese bank that felt the need to cut rates. he used to talk about decoupling. forets seem to be cutting market reality. there are points where they needed to cut rates. which one is right? the weakness? is that what we should be concerned about or the market rally? is that justified? >> i think if you believe china moves into more sustainable growth rate, it is justified. we h

i think china used to prioritize peace and stability. but in recent years there have been shifts. i think now we are not sure now. my guess is, you know, china is still balancing between the two, but the trend of change is towards prioritizing denuclearization. but if you ask different people, you make -- you may get different answers at the moment. but over time i think the priority is certainly on denuclearization. thank you. >> i think we've talked quite a lot about the chinese role as new leader, this new order. i think, make it short, in order for china to become one of the genuine g2 global leader, it has to take on certain values that are universally accepted. and i think in that sense the chinese position on north korea will be a litmus test as to whether china is able to go beyond the hard power that it already is, whether china becomes a soft power i think it's position on north korea will be very, very significant. i understand why china takes the position is taking right now. because north korea still serves a purpose in terms of strategic buffer. but i think the longer

china involved. >> that is quite a charge. cnn's will ripley is in beijing following this for us. will china is a neighbor and partner to north korea but it also blunts north korea and the un influence of the world. >> reporter: this is an issue we have been looking into for several days christine. here is the reality. north korea relies on china for internet access. up until four years ago, north korea had to dial in to go online. now north korea has a small fragile connection. to launch the complicated cyber attack like the one on sony it requires a stable high speed connection. as we saw with the fact that the north korean internet has been unstable in recent days is there a possibility that chinese servers were involved? that is something u.s. law enforcement is looking into and they asked the chinese government for help in the investigation. to say china is involved beyond that we need to keep in mind that united states law enforcement suspect no other country other than north korea orchestrating this attack. this infrastructure is stronger and faster in china than north korea

china overtakes us. it's the world's manufacturer. america has to live with the china that exists.

. >> ladies and gentlemen, china joining us on dollhouse. a stepping up on dollhouse pedestal. ♪ >> china has hit the stage. performing in a field that offers little training. she taught herself these moves, how to work her body to entice. she's a master of see duck. even i can't look away. i see men, mesmerized by her movements. and then i realize she's only 21. she's someone's daughter. how did your mom react when she found out you were dancing? >> we haven't talked about it. >> you live with your mom still? >> yeah. >> you've never talked about it? >> never. >> iman, does your family know that you're dancing? >> my mom and i don't really get along. >> what about your dad, is he in your life at all? >> he died when i was 7 months old. >> so neither of you had a father in your lives. >> hm-mm. >> two women who grew up without male role models. watching them, i wonder, would they both be here if they had different childhoods? now they're surrounded by men who can't take their eyes off of them. >> so what are you gentlemen doing here? >> playi

us. a pro-china reader said the coverage was blood thirsty against beijing.also give extensive coverage to the major figures, and it's close to the beijing government. we are mindful of their views. >> reporter: almost 17 years after the handover hong kong is at a crossroads and beyond it. beijing is exercising more and more control. hong kongers are concerned over what they are seeing in their city and reading in their media. the south sudan morning post has been an integral part of hong kong's identity for 110 years, and the future of the paper, and that of other newspaper outlets is convicted with the future of hong kong. look at this shocking crime >> the major difficulty for the prosecution that there was no evidence >> al jazeera america presents lockerbie part two: case closed >> protestors are gathering... >> there's an air of tension right now... >> the crowd chanting for democracy... >> this is another significant development... >> we have an exclusive story tonight, and we go live... >> on techknow >> we should not be having earthquakes in texas >>

>> i still think china will surpass us. looked at the numbers you cannot avoid it. ina 30 percent of the world's gdp by 1930 it was by 1980 down to 2%. charles: china and india had 20 percent. >> but i guarantee we have more influence over there so we could be the first. >> we're only 6 percent of the world's population. >> but that is, were in that is what we need. >> of united states had 1 billion people we could blow them away. >> but it is interesting because they are trying to get them to focus on frugality. they export everything. he tells everybody. charles: but the export driven economy i just think that they worry about income inequality but they understand, they were never to they make $0.50 the day and could save half of that. >> but they would rather live here we would not want to live there. >> not me. >> they will overtake us with the numbers but they are building these buildings foreshadows a day's. but eventually they have to stop throwing money at it because they will run into an issue. at some point but they will hit that. charles: so thinking about

us. we are focusing on china this week, the country's new silk road ambitions. >> the president wants to make china the center of the world again by reviving the ancient silk road trading route. it's on the front page this week . it's a colossal project that the magazine symbolizes what this bowl of world soup and the two chinese chopsticks. the very first stage of this new silk road kicked off last month with the inauguration of a railway line between the eastern cities in china and madrid in spain. this railway line basically means container freight trains can travel between the two cities, which are 13,000 kilometers apart. they travel through central asia in just 21 days, the longest railway line in the world. it is really a tool for economic and diplomatic conquest, according to the article. >> a french magazine claims that china is spying on different countries from here in france. >> "lux" claims it discovered a secret chinese listening center. they say that you can see photos of the alleged listening center located in an annex of the chinese embassy, so technically it's chinese t

. >>> this video coming to us out of china. as you can see, there's a g oute of the camera, something's going on high up above. seem to be grabbing, they start gathering around, they start holding. obviously somebody's in danger. one, two, three, four, five. wow, nice touch. they go. >> it worked! >> it did work. and then part of me going hang on a second, why is there a dude there? sitting in the middle of the street? see the broken stuff as well. turns out this woman, some reports have said, she may have been drinking or she was in some way inebriated. she had been shouting, throwing belongings out of the window, stuff going out. this from her apartment and she was teetering on the edge. these people saw it, run up, grabbed it capture. >> she saved her own life by throwing that out the window? >> yeah. >> without it, she would have mashed -- >> no, she facilitated. if it weren't for all of the people -- >> saved her own life by not jumping. that would have been helpful. >> that would have been helpful. >> hopefully this will

us. >> china said it would drastically increase its use of alternative energy in the next 15 years andllow emissions to plateau. it was supposed to be a big deal, countries were supposed to jump on the climate change bandwagon. did we see that in lima? >> we saw some of that. i think the u.s.-china announcement was seen as a real water shed event to have those two, the biggest polluters cooperating together, so the momentum coming in was very strong. it helped raise the stakes in a way to make sure they did what they needed to do in lima to set up this paris meeting next year. >> i want to look at something else that secretary of state john kerry said before the delegation came to an agreement. >> every nation has a responsibility to do its part if we're going to pass this test, and only those nations who step up and respond to this threat can legitimately lay claim to any mantel of leadership and global responsibility, and yes, if you're a big developed nation, and you're not helping to lead, then you are part of the problem. >> you were in lima as an observer. did you sense a shared

. >> china overtakes us. america has to live with the china that exists.

china is denying reports that they did help north korea. gordon chang joins us. think north korea and china are inca boots with this. >> well, certainly. these hacks did not come from north korea. that is consistent with what technical journals are now reporting. right now, we do not have consistent proof on this. more than half of the cyber warriors are based in china. the icing on the cake is the firewall. we saw it. you had all of this information going out of china crossing the firewall. terabytes coming back in to china. those north korean hackers have been there for about one decade. >> are these guys just so great that they brought them in to help them out? what is in it for china? >> that is a great question. china has sort of been using north korea. charles: as proxy. >> as proxies. we run to beijing and say please, please, please help us. >> that happens all the time. the chinese just love this. it advances foreign-policy goals. charles: it is a dangerous game. after all, look at who their leader is. this can backfire on china may be at some point. the n

. >> thursday, the international -- look atre on c-span, a us china relations. that is live at 5:30 eastern. >> here's a look at some of the programs on c-span christmas day. the lighting of the national christmas tree followed i the christmas decorations with first lady michelle obama and the lighting of the capitol christmas tree. after 12:30 p.m., celebrity activists talk about their causes. and samuel alito and former florida governor jeb bush on the bill of rights and the founding fathers. at 10 a.m. enter into the art of good writing with steve pinker. at 1230 see the feminist side of -- in the secret history of wonder woman. and on american history tv on c-span3, the fall of the berlin wall with footage of george bush and bob dole. with beaches from presidents john kennedy and ronald reagan. and representing the styles of the times in which they lived. and tom brokaw on his more than 50 years of reporting on world events. on the c-span day networks. for a complete schedule go to c-span.org. >> wednesday, federal reserve chair janet yellen spoke to reporte

we agree the recent us china joint announcement on climate change and clean energy corporation wouldtogether account for over one third of global greenhouse emissions from the united states. we need and real policies that build on such pronouncements. the climate action plan released in june 2013 proposes the use of executive power under existing laws to tackle harmful emissions. epa has proposed a clean power plan to cut carbon pollution existing power plants. it has proposed a specific rate based goals of co2 emissions from the power sector as well as guidelines for states to follow developing plans and achieving state specific goals. these are exactly the kind of plans that will see political climate commitment effectively realized. you mentioned energy efficiency and renewal. the united states is also made progress on reducing energy consumption. the united states has achieved the largest improvement in energy density in recent decades. from relatively high levels as energy performance standards are implement. since 2000 8/1,000,000 low income homes have been weatherized to impro

us. we have china's second-largest brokerage announcing a massive fundraising plan. >> the second-largest. stuff in shanghai, stuff in hong kong. $3.9 billion is the money they want to raise. private placement, and they will be selling eight shares. at 18 hong kong dollars. they're selling them at 16 hong kong dollars each. that is about $3.9 billion in u.s. money. if they announce this -- if they had announced at last week they would have been able to raise as much. it is one of the benefits. thanks for that. its best is ramping up year for initial public offerings and 2010 that there is one glitch. overseas companies have almost evaporated. shery ahn is joining us with the latest. >> there are more than 100 listings here in hong kong but there is only one long -- only one non-chinese company. that is the worst annual tally in five years. the value of foreign ipos has fallen every year since 2011. about 1/5 in hong kong, not anymore. this is a huge blow to hong kong, which has tried to rival new york and london as a global financial center. >> they lost alibaba as well. >> that is one of

us. saudi arabia sees a resurgence in china and they want to ally with us but that window is only open so long. >> a point we made early in the paper, if you read it, hope you will focus on that. that america is unique for a lot of ropes, and exceptional for one of them is we define our national interests in defense of in a benign way and we're perfectly willing to have others enjoy the rights we're seeking for our own people on exactly the same terms on which we enjoy them, which is one of the ropes, for example in asia, the countries in the regional countries there, are comfortable with american presence and prime si in the region but not so much with china because china does not necessarily define its national interests the same way. well, i thought, chris, maybe we could take some questions. i want people to have plenty of time. so let's do that. how do you have the moderator does it? call on them? okay. i'll just point. yes. [inaudible] >> okay. thank you for your remarks, governor jindal. a followup on senator cruz's remarks. he addressed the drone issue and what national security r

there you have to get the support of the chinese banks and china has not exactly helped us when it comes to moderating north korea. china controls a lot of north korea's economic assistance, food, energy, but china's been reluctant to get in there and develop their nuclear weapons. so i think what needs to happen is a careful response to get the six party countries, russia, china, japan, south korea in a concerted effort here because if we just do it on our own without any international support, this is going to continue. but the north koreans have reacted because they were so mad at this movie. and they get into these personal krnls. i think fran will remember when president bush said something about kim jong-il, the father being a tyrant. they go crazy with these kind of depictions of their leadership because it's a cult of personality. the personality of the country is determined by the personality of their leader. in this case, kim jong-un which unfortunately we don't know very much about. >> the governor said the north koreans get so mad at this. does it make sense to you they would

china is using the rules on foreign banks. next month, it'll be easier to open branches and make transactions in yen. they are boosting competition and giving the overseas access to the market. you can get rest of the day's news on bloomberg.com. you can watch some of the interviews you may have missed on bloomberg today. some relief for investors. shares have resumed trading with a rally now that a corruption case focusing on the controlling family has come to a close. we have been following this story from the very start. one brother guilty, and the other not. >> of the two brothers -- we are talking about the kowwok brothes -- billionaires. sun hung use the run kai properties, hong kong's biggest property company by sales. the second-most valuable in the world. they were on trial with another man -- rafael hui. he was the chief secretary of hong kong in 2005 between 2007. you can see some high-profile characters here. kwokwo brothers -- thomas was convicted of conspiring to commit misconduct in public office. that was relat

do you trust china to use this safely? >> i don't trust china to make toys without high levels of cadmium. >> are you concerned they will become the way to control riots? >> time will tell. if they can keep the ipad workers in the factory it could spread. >> is there an alternative to the beams? >> there are lots of ways to prevent and eliminate riots. my idea is to relocate sports teams to unpopulated areas. how about those northwest territory cowboys? >> not a lot of things to throw out there. this is the last topic and perhaps the most important one. i know you love asteroids. a russian scientist found a mountain sized asteroid whose orbit crosses the earth. they say we won't collide with this, but it will p that. are they lying and is it coming tomorrow? >> that reminds me of the old joke, how do you tell if a russian scientist is lying? >> how. >> you get his government to torture him. i thought of that myself. they estimate we got 100,000 of these objects in the solar system. we are tracking 11,000 because of funding.

as demander and china aiding us. the correct formula is the objective identification of common interests, the pooling of information and resources. and the identification of areas where coordinated and in some cases join a collective action will prove to be most effective. >> there's a gentleman in the front row who has a question. >> danny, you mentioned that you're going to be going to new delhi. will you be good enough to say a word or two about what you see as the role of a major south asian country in east asia and since you emphasized the importance of regional structures now that india is more participatory in the asean regional forum, would you see the further opportunities for india to play a constructive role in east asia? >> thank you. without a doubt, there is abundant space for india to play a greater and a constructive role in the affairs of all of east asia, including and particularly southeast asia. in the five years now that the u.s. has been participating in the east asia summit, i have worked as th

home opened last december, and like many facilities in china, this one can also accommodate residents with such conditions as dementia. the company uses the same menu in china as it does in japan. it claims to provide the highest level of care. the cost of accommodation is at least $500 a month, that's two to five times the price of an average chinese nursing home. but the japanese-style care with its focus on detail, has proved popular. >> translator: this place is very comfortable. out makes me feel like i'm at home. >> reporter: about 50 local people are employed here. jun yu is one of the nurses. she moved to shanghai from a town 300 kilometers away in order to earn money for her son's university tuition. >> translator: i'd like it if the home could keep attracting more elderly residents. it would be great if i could carry on working here for a long time. >> reporter: many of the caregivers are women aged around 50. facilities such as this are increasingly important employers. the management is preparing for even more growth. it plans to double its staff to 100. >> translator: in china the retirement age for women is 50. so places

china to put the breaks on the north korean government. if any country has influence with north korea, it's the chinese government and they ought to use that influence -- >> so you would call on china to use their influence. interesting, because the president said, ej, that he wished he had spoken with sony before they made the decision. the ceo of sony pictures responded by saying, quote, we definitely spoke to senior advisers or a senior adviser in the white house to discuss the situation. the white house was certainly aware of the situation. but it seems like the president would have liked to talk to them himself, ej. >> first of all, i agree with the ambassador that you want the president of the united states defending freedom of speech. you couldn't have him saying any other thing. when i heard the president say that, i couldn't tell if he was talking as president of the united states or as barack obama perhaps former law professor who believes in constitutional rights. i'm not sure you want tv studios or movie studios checking with presidents in the first place. but i think the really tricky thing is, what is the proportional respons

the iea says around half of the world, using subdv critical, t around one-third of china is sub criticaln india, almost all of the new plants are using sub critical. the reason is easy. you know, if you look at the table on the bottom, the reason it is sub critical is the cheapest. the cheapest is a good thing. but the down side is that it is least efficient sufficiency. what least efficient means, they need more fuel. than how much more fuel. and 20% more fuel compared to -- so by choosing the cheapest they are losing money. you might not care if they lose money, but what is important is they are producing more co2 than necessary by choosing this. so that is why we have to help them make a right decision for the sake of them and us. and for this purpose, providing financial assistance, can be an option. but from, you know, talking about something else today, that is visibility and assistance that we are providing to different countries. and so far, there are 19 projects in 11 countries and analyzing how the new technology would work. we are helping the countries make a right decision in