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comes to us from china, what you see is a young girl, 4, 5 years old working on the stove cooking, putshe top back on, gets the corn that's been cooking as well. dusts it off and starts feeding her brother, sitting next to her, looking after him, doing what needs to be done. >> this is heart touching. >> it really is. these children haven't been identified but they're part of this group of children referred to as left behind children. they're very common out in the rural parts of china. china is an enormous country. what happens is their parents very often have gone to the bigger cities to find higher paying jobs to send the money home. in a lot of cases the children are watched by relatives or grandparents but in some cases they're looking after themselves. 2010 census by the chinese government said they estimated about 61 million children were left behind children, that's about 20% of the entire child population of china. bear in mind that's like seven years ago. the video caught fire on reddit, and ended up on the front page. lot of people sharing it because they're inspired. they're
comes to us from china, what you see is a young girl, 4, 5 years old working on the stove cooking, putshe top back on, gets the corn that's been cooking as well. dusts it off and starts feeding her brother, sitting next to her, looking after him, doing what needs to be done. >> this is heart touching. >> it really is. these children haven't been identified but they're part of this group of children referred to as left behind children. they're very common out in the rural parts of...
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Sep 3, 2017
09/17
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thank you so much, joining us from china on the chinese reaction to this nuclear test by north korea. get a roundup of this story and many others that you need to know in the edition of daybreak. go to dayb on the terminal. it is available on mobile. you can customize settings you only get news on assets you care about. this is bloomberg. ♪ ♪ betty: good morning. i'm betty liu in new york. haidi: you are watching daybreak australia. therts from australia say commonwealth bank will announce the departure of two directors at the upcoming meeting and a third in the next fall months. people are familiar with the story and the treasury secretary may be named a nonexecutive director later on monday. they say it would not preclude him from being chosen as the next chief executive. one of the companies affected by the crackdown on china deals -- it continues to expand, and the governor said these are acceptable. the copresident said beijing has endured on recent acquisitions, aa, and the chinese owner of seaman the lawn are under scrutiny. n are under scrutiny. n are under scrutiny. so n
thank you so much, joining us from china on the chinese reaction to this nuclear test by north korea. get a roundup of this story and many others that you need to know in the edition of daybreak. go to dayb on the terminal. it is available on mobile. you can customize settings you only get news on assets you care about. this is bloomberg. ♪ ♪ betty: good morning. i'm betty liu in new york. haidi: you are watching daybreak australia. therts from australia say commonwealth bank will announce...
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china and others see this as a sign that the world. is paying attention to moves made by these five poor countries and consider this your summit is six us. dollars are you reporting from sherman china. the congress is back at school on capitol hill they've got a populace to appease and bills to pay and so do we one of the biggest concerns for americans according to the latest polls is their tax bill months ago americans were issued a few pages on president trump's proposed tax code reforms just a few of them and i as across the nation immediately scanned down the document and found that they were looking for specifics on tax brackets which he shrunk down to four and the all important rates assigned to them so let's take a look at the details of what we may face this congressional season now tax plan if you are single making dollars up to twenty five thousand dollars zero taxes for married filers up to fifty thousand heads of household thirty seven five hundred now we go you go up ten percent on trump's tax plan single filers up to fifty thousand married one hundred thousand head of household seventy five we go up we double that to twenty percent fifty thousand to one
china and others see this as a sign that the world. is paying attention to moves made by these five poor countries and consider this your summit is six us. dollars are you reporting from sherman china. the congress is back at school on capitol hill they've got a populace to appease and bills to pay and so do we one of the biggest concerns for americans according to the latest polls is their tax bill months ago americans were issued a few pages on president trump's proposed tax code reforms just...
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Sep 22, 2017
09/17
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us. some have made a case that a flood of cheap solar from pacers china has hurt the industry. —— places.as hurt the industry. -- places. solar energy is one of the bright spots in the us economy, growing faster than the coal and gas industry, creating opportunities for those who make the panels and those who install them. but a trade dispute is dividing this industry. there is not much left of solar manufacturing in the us. this isa solar manufacturing in the us. this is a lawyer for solar world, solar manufacturing in the us. this is a lawyerfor solar world, one solar manufacturing in the us. this is a lawyer for solar world, one of two solar panel makers, who argue a flood of inexpensive imports from countries like china has hollowed out the solar industry in america, and global tariffs are needed. more than 1000 workers were laid off from their facility than 1000 workers were laid off from theirfacility alone. than 1000 workers were laid off from their facility alone. solar world than 1000 workers were laid off from theirfacility alone. solar world is theirfacility alone. solar world
us. some have made a case that a flood of cheap solar from pacers china has hurt the industry. —— places.as hurt the industry. -- places. solar energy is one of the bright spots in the us economy, growing faster than the coal and gas industry, creating opportunities for those who make the panels and those who install them. but a trade dispute is dividing this industry. there is not much left of solar manufacturing in the us. this isa solar manufacturing in the us. this is a lawyer for solar...
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leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from shonen china with how these five countries are trying to take an even bigger role on the world stage. the doubts are well documented after years of recession experience by three of the five brics countries has this powerhouse of emerging economies run its course well here in shame in china for the ninth annual bric summit the answer is a clear and definitive no now brics is made up of brazil russia india china and south africa the group is not bound by geography nor political ideology not even comparable stages in development the chinese president xi jinping who chaired this year summit believes this core group of countries can bring together its very resources markets and labor force to fully unleash the group's capabilities on the world stage. shows you know the structure and situation of the world has experienced deep and complicated changes the cooperation of brics countries becomes more important against this backdrop together brics countries represent more than three billion people or more t
leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from shonen china with how these five countries are trying to take an even bigger role on the world stage. the doubts are well documented after years of recession experience by three of the five brics countries has this powerhouse of emerging economies run its course well here in shame in china for the ninth annual bric summit the answer is a clear and definitive no now brics is made up of brazil...
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Sep 21, 2017
09/17
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use it. >> yeah. but we buy so much from china and china steals so much from us. trish: yes. >> that is their idea of fair trade. but look -- trish: they're in violation of the wto agreement. we really haven't done anything about that we're now threatening. for them to steal 200 to $300 billion of intellectual property every year, colonel peters, we can clamp down on this as we should. >> you're absolutely right. to me the way to deal with iran is to make an example of north korea, if necessary. i am concerned about, picking more than one fight at a time. but nonetheless, in long term, once north korea problem is solved, and it will be solved one way or the other, the great strategic competitor is china. russia doesn't have the population, it doesn't have the gdp. it doesn't have the oomph left anymore. china is a great strategic competitor. china sees it. we close our eyes. trish: you heard me say before, i would rather lose dollars than lives. >> oh, yes, sure. trish: let's explore every economic possibility first. colonel peters. thank you very much. >> thank y
use it. >> yeah. but we buy so much from china and china steals so much from us. trish: yes. >> that is their idea of fair trade. but look -- trish: they're in violation of the wto agreement. we really haven't done anything about that we're now threatening. for them to steal 200 to $300 billion of intellectual property every year, colonel peters, we can clamp down on this as we should. >> you're absolutely right. to me the way to deal with iran is to make an example of north...
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Sep 26, 2017
09/17
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us from sydney. is a longtime china watcher. he joins us from shanghai. independent economist great to see you. seeing these debt concerns play out, these capital controls, and on top of that, we have something you call grey rhinos. tell us about them. >> well, i think grey rhinos basically expand by borrowing money to buy assets to grow, but fueled expansion. it's not operation based expansion. and thee debt bombs government thinks one of those could trigger a financial crisis like lehman brothers. so government -- so the government is trying to prevent a financial crisis. they are looking at the ways that might happen. they are switching their focus to the property market because the household that has over 20% 100% of their disposable income, that could double in three years and it blows up. so, the government is trying -- looking around for ways the financial crisis might happen and there trying to do something about it. you can say it is trying to whack-a-mole. andy, on one side you have these great rhinos that finance expansion through credit and th
us from sydney. is a longtime china watcher. he joins us from shanghai. independent economist great to see you. seeing these debt concerns play out, these capital controls, and on top of that, we have something you call grey rhinos. tell us about them. >> well, i think grey rhinos basically expand by borrowing money to buy assets to grow, but fueled expansion. it's not operation based expansion. and thee debt bombs government thinks one of those could trigger a financial crisis like...
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Sep 5, 2017
09/17
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BBCNEWS
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us. on asia business report, will there be sanctions from the us on china?'s club and is. —— bridge. —— attendance. thanks forjoining us. —— attendance. thanks forjoining us. see you soon. goodbye. good morning. we've got some fresher air trying to push into the north—west of the uk today but for many, a mild and muggy start once again. the dividing line between that bit fresher air and something humid is this weather front which will be producing wet conditions across wales and northern england to start the day. to the south of that, like we saw on monday, extensive low cloud. there will be a few breaks allowing some sunshine and temperatures will shoot up in the morning rush hour. like yesterday, the cloud will produce some spots of drizzle. the best parts of brightness will be across the east. the west midlands, north wales, north—west england some heavy rain around, particularly on the pennines and the lake distric splashes of rain into yorkshire and the north—east. scotland and northern ireland, a bit of cloud and outbreaks of rain particularly across t
us. on asia business report, will there be sanctions from the us on china?'s club and is. —— bridge. —— attendance. thanks forjoining us. —— attendance. thanks forjoining us. see you soon. goodbye. good morning. we've got some fresher air trying to push into the north—west of the uk today but for many, a mild and muggy start once again. the dividing line between that bit fresher air and something humid is this weather front which will be producing wet conditions across wales and...
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Sep 19, 2017
09/17
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. >> let's talk a bit about north korea and joining us live from beijing china. good to have you with us on what is expected to be a very busy day. what do you expect from president trump to talk about north korea and what china may be expecting to hear from him today as well. >> president trump as we know does not have a strong international track record. he snubbed the g 7 leaders. dropped out of the paris climate deal. at the nato summit refused to endorse mutual defense which is the cornerstone of the nato alliance. mixed messaging yesterday seemed to be flattery towards the u.n. was certainly seen as a welcome sign. today could be a whole new day. as you say his speech is likely to focus on north korea being the biggest foreign policy issue facing him and administration. to this point, president trump's strategy has been to outsource responsibility for the north korea problem to china. we could see an expansion on that where trump will call to global leaders to safe guard own security, but also to take collective action against north korea and not make this s
. >> let's talk a bit about north korea and joining us live from beijing china. good to have you with us on what is expected to be a very busy day. what do you expect from president trump to talk about north korea and what china may be expecting to hear from him today as well. >> president trump as we know does not have a strong international track record. he snubbed the g 7 leaders. dropped out of the paris climate deal. at the nato summit refused to endorse mutual defense which is...
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leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from sharm in china with how these five countries are trying to take an even bigger role on the world stage the doubts are well documented after years of recession experience by three of the five brics countries has this powerhouse of a.
leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from sharm in china with how these five countries are trying to take an even bigger role on the world stage the doubts are well documented after years of recession experience by three of the five brics countries has this powerhouse of a.
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leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from sharm in china with how these five countries are trying to take an even bigger role on the world stage.
leaders strongly refuted any claims that it was losing its luster simone del rosario joins us from sharm in china with how these five countries are trying to take an even bigger role on the world stage.
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Sep 18, 2017
09/17
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BBCNEWS
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you've got china and russia, russia is saying of the united states's position that aggressive rhetoric is the only thing coming from the usa is saying similar things. there is no unity there yet again to try and stop north korea from carrying out yet another nuclear missile test. it has carried out more than 20 this year. we all know there are very deep divisions in the un security council. it has been shown in a few instances, syria attracting more attention. i have to say in the case of north korea, the security council independently, was able to adopt in the last few weeks two strong resolutions. probably they will not be enough. we have to move further probably. but i think it is correct in sanctioning north korea not only to put pressure on north korea, that is absolutely essential, what they are doing is in violation of international law and totally unacceptable from the point of view of the international community, not only that, but to create opportunity for diplomatic engagement to be the worst thing that can happen in relation to the north korea situation is to move in a kind of escalation, and all of a sudden w
you've got china and russia, russia is saying of the united states's position that aggressive rhetoric is the only thing coming from the usa is saying similar things. there is no unity there yet again to try and stop north korea from carrying out yet another nuclear missile test. it has carried out more than 20 this year. we all know there are very deep divisions in the un security council. it has been shown in a few instances, syria attracting more attention. i have to say in the case of north...
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Sep 22, 2017
09/17
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from king‘s college london, thank you. we are also in the us where clouds are gathering over the solar energy industry. us manufacturers claim a surge of cheap solar panels from chinass. two of them have taken their case to the us international trade commission. it decides today whether to slap tariffs on chinese solar equipment. their opponents say that could damage the whole industry — as the bbc‘s michelle fleury reports from new york. there arejobs when there are jobs when the sun shines. solar energy is one of the bright spots in the us economy, growing faster than the coal and natural gas industry, creating opportunities for those who make the panels used here to those who install them. but a trade dispute is dividing this industry. well, there is a much left of solar manufacturing here in the united states. tim bright bill is a lawyer for solar worlds, one of two struggling solar panel makers, who argue that a flood of inexpensive imports from countries by china has hollowed out america‘s sole industry, and that global tariffs are needed. the base officer was more than 1000 made on their facility alone, and solar world is the largest north american producer
from king‘s college london, thank you. we are also in the us where clouds are gathering over the solar energy industry. us manufacturers claim a surge of cheap solar panels from chinass. two of them have taken their case to the us international trade commission. it decides today whether to slap tariffs on chinese solar equipment. their opponents say that could damage the whole industry — as the bbc‘s michelle fleury reports from new york. there arejobs when there are jobs when the sun...
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Sep 15, 2017
09/17
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us state department on east asian and pacific affairs. the latest word from the state department and us secretary of state rex tillerson is a call for russia and chinathemselves against north korea and these launchers. how likely is that, do you think? i think we may have lost the line to washington. that seems to have frozen on dr hwang. we will try to get her back and get the latest from washington and the american response. for now, we will move on. up to 1,000 people are still missing in sierra leone after the devastating mudslide that hit the city of freetown last month. more than 500 people are known to have died in the disaster. thousands more have had to leave their homes. 0ur correspondent umaru fofana has been to freetown, to meet some of the survivors and find out how they're coping. the scale of this disaster is immense. no warnings, no time to escape. they all died. the whole family, they all died. one month on, a steady stream of grieving people still return to thing site, with photographs of those who were killed. the country had never seen anything like it. it's rained for days. the mudslide was accompanied by flash flooding in sever
us state department on east asian and pacific affairs. the latest word from the state department and us secretary of state rex tillerson is a call for russia and chinathemselves against north korea and these launchers. how likely is that, do you think? i think we may have lost the line to washington. that seems to have frozen on dr hwang. we will try to get her back and get the latest from washington and the american response. for now, we will move on. up to 1,000 people are still missing in...
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Sep 3, 2017
09/17
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CNNW
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china doesn't want to do more? at the end of the day, you know, it is well documented that north korea uses chinese banks, gets oil from no. i just don't think the chinese will do it. it's not in their interest. they're looking at north korea. they think we don't like what's gong on there. but if we take action, the level of that action will cause such angst and such problems in north korea that we may see a refugee crisis, internal strife. that's something the chinese don't want to dale with. they don't like north korea and what it's doing right now, but they like a stable north korea. >> this administration has been accused of not speaking with one voice or being on the same page when it comes to north korea. the likes of rex tillerson have erred on statements of we're not seeking regime change. diplomacy is not off the table. do you think discordance has kind of given a message to north korea that they could proceed with this possible test and with continued testing of missiles? >> they hear one thing from the president and then they hear something different from the secretary of state and the secretary of defense.
china doesn't want to do more? at the end of the day, you know, it is well documented that north korea uses chinese banks, gets oil from no. i just don't think the chinese will do it. it's not in their interest. they're looking at north korea. they think we don't like what's gong on there. but if we take action, the level of that action will cause such angst and such problems in north korea that we may see a refugee crisis, internal strife. that's something the chinese don't want to dale with....
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Sep 6, 2017
09/17
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china and north korea and all that connection? there is lots of u na nswered that connection? there is lots of unanswered questions about that report. are they buying them from the usfrom china and it is over 20 yea rs. and not from china and it is over 20 years. but nevertheless it says two things to me. the first is clearly they're trying to make sure that the relationship on trade with the us is as good as it possibly can be. so maybe trying to muddy the waters somewhat as we have the trade disputes making place. the second thing i'd say is maybe they see it as an opportunity for china to become one of the major carriers in the world. i mean, there is this question mark about how some of the gulf carriers at the moment given their hubs in a politically volatile region, whether they can remain as those carriers, maybe china sees this as an opportunity as well. another story we will follow. simonks thank you. i know you will come back and talk us through some stories in the newspapers later. we have got an interesting story coming up. a tale of setting up one business and it involves some beans and toast to get through the worst times, but it is a multi—million po
china and north korea and all that connection? there is lots of u na nswered that connection? there is lots of unanswered questions about that report. are they buying them from the usfrom china and it is over 20 yea rs. and not from china and it is over 20 years. but nevertheless it says two things to me. the first is clearly they're trying to make sure that the relationship on trade with the us is as good as it possibly can be. so maybe trying to muddy the waters somewhat as we have the trade...
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Sep 23, 2017
09/17
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ALJAZ
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in the pacific ocean so it ran brown continues to follow all of this live for us from beijing so adrian this move by china to the limit oil exports but that in some sort of context for us how significant is that. well the announcement significantly or not was made on saturday by china's ministry of commerce they issued a statement on their website basically saying that china was now implementing what it had to agree to at the united nations last month that means that as of now china is no longer importing textiles from north korea that's significant because textiles are a very important source of hard currency for the regime it also says that as of now china is no longer exporting products like condensate oil as well as liquid natural gas now again these are very important for north korea but more importantly china is going to significantly limit the amount of oil that it exports to north korea that is going to be capped at two million barrels now we have no data or actually for actually how much oil china exports to north korea it's thought to be about six million barrels so cutting it by two million bar
in the pacific ocean so it ran brown continues to follow all of this live for us from beijing so adrian this move by china to the limit oil exports but that in some sort of context for us how significant is that. well the announcement significantly or not was made on saturday by china's ministry of commerce they issued a statement on their website basically saying that china was now implementing what it had to agree to at the united nations last month that means that as of now china is no...
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Sep 23, 2017
09/17
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the pacific ocean so as all of this continues to develop atrium brown follows it all for us from beijing so china limiting oil exports can you put that in some context for us adrian. yes china has said that it's going to cap the amount of oil that it sends pumps across the border to north korea it's going to cap those exports a two hundred million barrels a year what we don't know rachelle because there's no data on this is how much oil china sends to north korea i've seen one figure that suggests it could be as much as six million barrels a year but if it's going to cap those exports a two million barrels a year and that of course could have some impact but to be honest we're not going to know for months what the effect of these sanctions are going to be on north korea now a century what china has now done it's basically announced that it's begun implementing what it agreed to at the united nations security council on saturday a statement appeared on the website of china's commerce ministry saying that as of now saturday china was no longer importing textiles from north korea as you pointed out
the pacific ocean so as all of this continues to develop atrium brown follows it all for us from beijing so china limiting oil exports can you put that in some context for us adrian. yes china has said that it's going to cap the amount of oil that it sends pumps across the border to north korea it's going to cap those exports a two hundred million barrels a year what we don't know rachelle because there's no data on this is how much oil china sends to north korea i've seen one figure that...
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china has you know the wire that they should use destructed away from both their way from china sea and the south china sea for the korean peninsula nobody's talking about the south china sea any more so china has better you know more free hand to take auctions in those areas so we're pretty you can say and or limited pressure defense resources has been diverted to some extent not then toddy but from away from the south china sea and the sea toward the korean peninsula so it's really a taking heat to win in this situation which is thank you for being with us today we were discussing how the international community should handle the north korean nuclear crisis with former japanese government adviser and military scholar dr get me that's it for this edition of sophie and co i will see you next. in case you're new to the game this is how it works in the economy is built around core. washington washington post media. to me though voters elected the businessman to run this country business equals power boom bust it's not business as usual it's business like it's never been done before . what
china has you know the wire that they should use destructed away from both their way from china sea and the south china sea for the korean peninsula nobody's talking about the south china sea any more so china has better you know more free hand to take auctions in those areas so we're pretty you can say and or limited pressure defense resources has been diverted to some extent not then toddy but from away from the south china sea and the sea toward the korean peninsula so it's really a taking...
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Sep 16, 2017
09/17
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strives to make us safer but north korea is not a global threat and it requires a global response from all nations ok let's talk to under thomas he's joining us live from seoul china's had a strong response to the u.s. warnings of military action this is adding yet another level of invective to all of this is not. well that's right when you heard them they're saying that north korea was the least free nation on earth but also also outwardly at least a very united nation in the sense that there's one voice kim jong un's and he is projecting a single message and that is not what is coming from the international community you're hearing more and more rhetoric from the united states suggesting that military options austin will table but china really slapping that down they were saying that china is prepared to implement the u.n. security resolutions on north korea at the u.n. security council resolutions on north korea no more no less and they're saying that the u.s. should refrain from issuing threats over north korea and should instead do more to resume dialogue and negotiation that's the chinese ambassador to washington saying that about twelve hours ago now that is
strives to make us safer but north korea is not a global threat and it requires a global response from all nations ok let's talk to under thomas he's joining us live from seoul china's had a strong response to the u.s. warnings of military action this is adding yet another level of invective to all of this is not. well that's right when you heard them they're saying that north korea was the least free nation on earth but also also outwardly at least a very united nation in the sense that...
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Sep 3, 2017
09/17
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from foreign countries. we think, for example, they may have procured the transporter erector larger, the trucks they use to launch their missiles, from chinaat's not doing to help them develop these kinds of sophisticated warheads. they're getting very good at some very difficult technical tasks. they've made enormous strides in their missiles -- production the missile bodies, in miniaturizing the warheads. even if they were getting plans from elsewhere, which we can't be certain of, they're still becoming extremely capable. we can't know for certain that -- we can just isolate the country, cut it off from foreign sources and stop the program. that's not a realistic option at this point. >> the chilling prospect of north korea being able to take offensive action against japan or the u.s., how far away do you think we are from that? >> well, there's no indication that we're in an acute crisis right now. i don't think war's right around the corner. but we do need to mount a specific and visible response like we haven't all spring. the trump administration is still apparently going for broke on eliminating north korea's nuclear capability. th
from foreign countries. we think, for example, they may have procured the transporter erector larger, the trucks they use to launch their missiles, from chinaat's not doing to help them develop these kinds of sophisticated warheads. they're getting very good at some very difficult technical tasks. they've made enormous strides in their missiles -- production the missile bodies, in miniaturizing the warheads. even if they were getting plans from elsewhere, which we can't be certain of, they're...
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Sep 15, 2017
09/17
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categorically the chinese ambassador to washington says china will never accept north korea as a nuclear weapons state. the line just coming to us fromthat china is ready to implement un resolutions against north korea. so a few lines, from the chinese ambassador to washington, saying the us should refrain, also adding from issuing threats over north korea, do more to assume dialogue and negotiations. so lots of different lines coming through. our correspondent nick bryant in new york says the us took a less aggressive tone than usual in the un security council meeting. especially from donald trump, the president, none of the fire and fury rhetoric we heard in the summer, none of the locked and loaded tweets. in fact, none of the locked and loaded tweets. infact, he none of the locked and loaded tweets. in fact, he has not engaged in anyform tweets. in fact, he has not engaged in any form of digitised sabre rattling on his twitter feed today. nor has the trump administration called for fresh sanctions. we seem to make fresh sets of sanctions passed at the security council in the past month, and the trump administration is saying toda
categorically the chinese ambassador to washington says china will never accept north korea as a nuclear weapons state. the line just coming to us fromthat china is ready to implement un resolutions against north korea. so a few lines, from the chinese ambassador to washington, saying the us should refrain, also adding from issuing threats over north korea, do more to assume dialogue and negotiations. so lots of different lines coming through. our correspondent nick bryant in new york says the...
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Sep 29, 2017
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thank you so much, tom mackenzie, joining us from beijing, our china correspondent. exclusively from one of vietnam's biggest real estate companies about why it is expanding into the auto industry. this is bloomberg. ♪ yvonne: this is "daybreak asia ." i am yvonne man in hong kong. betty: i am betty liu in new york. 3.5 billionsting dollars to create a line of vehicles for local consumers. the vice chairwoman exclusively told bloomberg how the country's incomes drove the decision. this is the first step to anchor heavy industry in car manufacturing and it is just it solidifies our desire to meet the demands of the consumers in vietnam. opening first means we are entering the heavy industry in vietnam. we would like not only to build cars in vietnam, but to build the whole ecosystem to support the car manufacturing business india, so that is a big mission for us. types you talk about the of cars you plan to that effect are type of timeline can we expect before we start seeing cars on the streets of hanoi? >> we have a very aggressive timeline. we expect to launch our f
thank you so much, tom mackenzie, joining us from beijing, our china correspondent. exclusively from one of vietnam's biggest real estate companies about why it is expanding into the auto industry. this is bloomberg. ♪ yvonne: this is "daybreak asia ." i am yvonne man in hong kong. betty: i am betty liu in new york. 3.5 billionsting dollars to create a line of vehicles for local consumers. the vice chairwoman exclusively told bloomberg how the country's incomes drove the decision....
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situation for us very closely alexander phenomena in washington thank you and that's all from us will leave you with a little treat for the weekend some very cute panda clubs from china's sichuan province the oldest is five months the youngest just two months have a great weekend enjoy. she's long been a.
situation for us very closely alexander phenomena in washington thank you and that's all from us will leave you with a little treat for the weekend some very cute panda clubs from china's sichuan province the oldest is five months the youngest just two months have a great weekend enjoy. she's long been a.
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Sep 29, 2017
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the us secretary of state rex tillerson is heading to beijing for talks but ahead of the visit we are hearing submit comments from the us state department saying that congress will need to give chinat this economic russia north korea before imposing any new measures. we have also had something similarfrom imposing any new measures. we have also had something similar from the official china daily which wrote about this in an editorial. the state department official said she sees china's's policy on the isolated nation is shifting and that us diplomats will continue to have the work closely with china to execute his new sanctions and of course all of this comes amid some sort of criticism that china may actually refer to its old ways, if the us fails to exert continued pressure. thank you very much for that. in other news: ryanair has been told to correct its compensation policy for passengers by friday afternoon after thousands of its flights were cancelled. the uk's civil aviation authority says the airline must stop misleading passengers about the option to be re—routed with another airline. ryanair must also say how it will reimburse their out—of—pocket expenses. ikea is buying
the us secretary of state rex tillerson is heading to beijing for talks but ahead of the visit we are hearing submit comments from the us state department saying that congress will need to give chinat this economic russia north korea before imposing any new measures. we have also had something similarfrom imposing any new measures. we have also had something similar from the official china daily which wrote about this in an editorial. the state department official said she sees china's's policy...
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Sep 22, 2017
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of cabinet and senior people who are now focused on the middle east, that suits china's long-term interest, keep us from focusing on china and focus on other areas where china doesn't have a dog in the fight. >> i have a question here, and then i'll work may way back. >> mike, pb schl bchlpbs on-lin. how do you assess the roll of south korea. you've dealt with lib cal governments and now we have a liberal government that's having to act and talk like it's a conservative government. how does this all pars out-- parce out? and who would you like to? >> and with oppositionings, the family, and to kient that with sort of the occasions against north korea, or even chooirn and russia, that's the way they've been doing it. and of course, as you say, south korea may defer from time to time from president to president. but i think the certainty, even today, they're saying, oh, it's from japan or it's from the united states. that's also asset and we can ride together and for that matter. these are the things and many generations. the people in korea, there's a whole, a constant that we can overcome differences an
of cabinet and senior people who are now focused on the middle east, that suits china's long-term interest, keep us from focusing on china and focus on other areas where china doesn't have a dog in the fight. >> i have a question here, and then i'll work may way back. >> mike, pb schl bchlpbs on-lin. how do you assess the roll of south korea. you've dealt with lib cal governments and now we have a liberal government that's having to act and talk like it's a conservative government....
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beijing in november of course currently there appears to be warmer ties between us and china but could anything be derived now from between now and that briefly if you can. the calendar is full of big events between now and then china will have its communist party congress and north korea will be celebrating the foundation of its ruling party and south korean officials just said this week that they expect more provocative actions between from north korea around mid october so the question will be if tensions do arise if the u.s. and china will seize on that urgency to cooperate more cohesively and to make a more united front or if the more tense situation leads them to break apart in some way and have some differences on the best way to move forward so we'll have to stay tuned over the next couple weeks and see how things develop with a full calendar we'll certainly be watching that closely steven burrill a console thank you. to sports now or bundesliga league leaders dortmund travel to inform oxburgh on match day seven the teams traded blows early on both scoring with an eleven minutes but. restored dortmund's le
beijing in november of course currently there appears to be warmer ties between us and china but could anything be derived now from between now and that briefly if you can. the calendar is full of big events between now and then china will have its communist party congress and north korea will be celebrating the foundation of its ruling party and south korean officials just said this week that they expect more provocative actions between from north korea around mid october so the question will...
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Sep 5, 2017
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e-commerce is one of the contributing factors in the volume making sure we examine mail from china. >> china is sending usds. they're also sending us fentanyl. >> yes. >> you can say that, right? >> yes. >> as part of this story we've been e-mailing with china a particular laboratory in china. i asked them to send us a picture of the packaging and what the shipment comes in. we were talking to them about ordering fentanyl directly to the u.s. is that something you might see, a box like this in which there's a package like that? >> similar, yes. we examine those packages like that. but when they dump mail from china, as you see through e-commerce, it's a range from large variety -- >> it's consumer protection. >> exactly. >> you don't want an air bag that's defective, you don't want eyeglasses for the eclipse or people ordering fentanyl through the mail. what are you looking for now? >> something dense, something that's thick that could be powder form. >> this looked like a dense powder form potentially? >> it's actually a vial. and it's steroids. >> steroids. >> the agents here are looking for all types o
e-commerce is one of the contributing factors in the volume making sure we examine mail from china. >> china is sending usds. they're also sending us fentanyl. >> yes. >> you can say that, right? >> yes. >> as part of this story we've been e-mailing with china a particular laboratory in china. i asked them to send us a picture of the packaging and what the shipment comes in. we were talking to them about ordering fentanyl directly to the u.s. is that something you...
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Sep 27, 2017
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. >> joining us live from beijing, china, nbc news janis mackey frayer.eard tell me say that the north koreans are trying to understand president trump. and i'm curious to get your thoughts in terms of how north korea's strategy is splaying out here, trying to understand president trump. >> well, we have had these reports that these north korean officials have been very quietly trying to work channels in order to get access to american analysts, to scholars, in particular, republican analysts, who may have some sort of read. who might be able to decode exactly what it is is that president trump might be thinking or might be planning. it's unclear at this point whether pyongyang has the will or the means to go to war with the united states. despite this threat of shooting down u.s. military aircraft. the big problem for diplomatic efforts at this point has been the lack of ongoing and meaningful engagement between pyongyang and washington. or even beijing for that matter. so, that is the big risk right now is misinterpretation and miscalculation. meanwhile
. >> joining us live from beijing, china, nbc news janis mackey frayer.eard tell me say that the north koreans are trying to understand president trump. and i'm curious to get your thoughts in terms of how north korea's strategy is splaying out here, trying to understand president trump. >> well, we have had these reports that these north korean officials have been very quietly trying to work channels in order to get access to american analysts, to scholars, in particular,...
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Sep 12, 2017
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china and russia, to be on board and in this case it was another unanimous vote. it is going to have to be a compromise position from the original tougher stand the us was calling for that these sanctions will want itself stop kim jong—un from pushing ahead with nuclear weapons. it is just a way for the well saying, you cannot do this without some pushback. china's position is that has to be an negotiated process. and that is moving towards talks. we are not really seeing that happening at the moment. too much focus on pressuring north korea with sanctions are according to some. not enough focus on talks. saying it is a big mistake to underestimate chinese proposals for more talks. is that a solution? i think for more talks. is that a solution? ithink vladimir for more talks. is that a solution? i think vladimir putin made people sit up and listen when he said north korean is would rather eat grass than give up nuclear weapons so his view is clearly no matter how tough the sanctions are, they will not give up nuclear weapons. every time you ask china and russia about sanctions that will mention talks. the problem is that the us and north korea do not seem to be any
china and russia, to be on board and in this case it was another unanimous vote. it is going to have to be a compromise position from the original tougher stand the us was calling for that these sanctions will want itself stop kim jong—un from pushing ahead with nuclear weapons. it is just a way for the well saying, you cannot do this without some pushback. china's position is that has to be an negotiated process. and that is moving towards talks. we are not really seeing that happening at...
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despite the bluster from his boss, officials are still hoping for diplomatic push to the crisis in china. joining usbc news correspondent, janice mac y y macky. good to talk to you this morning. coming ahead of president trump's planned visit to china in november. very monumental trip and a lot of conversation happening there. >> secretary rex tillerson's state will be a short one. >>> right comes as china will announce to close voint ventures of ties to the north korean regime. things like restaurants, one hotel and other businesses. in compliance with the latest u.n. security council sanctions. take effect within 120 days. also curb fuel shipments to north korea, but it's thought the regime has been stockpiling for months. china is trying to telegraph the message it's on board with sanctions. wants diplomacy to prevail. only going to push the regime so far. they don't want outright collapse. this is also schism bollic visit on the part of cemetery tillerson. coming to set the stage for trump that will happen in november. they need some sort of calm reason to revail in the situation with north kore
despite the bluster from his boss, officials are still hoping for diplomatic push to the crisis in china. joining usbc news correspondent, janice mac y y macky. good to talk to you this morning. coming ahead of president trump's planned visit to china in november. very monumental trip and a lot of conversation happening there. >> secretary rex tillerson's state will be a short one. >>> right comes as china will announce to close voint ventures of ties to the north korean regime....
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china. they will get concessions from the us and south korea in terms of having the us removed the third missile south korea, which, in the eyes of the chinese and the eyes of the north koreans, is clearly an aggression against north korea and china. —— remove. so, the provocation is not from mr kim in the north, it came from the stationing of the thaad systems. one of china's biggest conglomerates has revived a deal previously blocked by the indian government. the group tried to buy 86% of the indian drugmaker, gladfarmer for $1.8 million last year, the largest ever for a chinese company. following that, they have revised down the size of the deal to get regular tory approval, but not by much. 74% for $1.1 million. shinzo abe could he call a snap election as early as next month? according to reports, he is looking to take advantage of his improved approval ratings and a weakened opposition. party officials are expected to meet today to discuss the move. his popularity took a discuss the move. his popularity tooka dip discuss the move. his popularity took a dip because of a cronyism scandal, but
china. they will get concessions from the us and south korea in terms of having the us removed the third missile south korea, which, in the eyes of the chinese and the eyes of the north koreans, is clearly an aggression against north korea and china. —— remove. so, the provocation is not from mr kim in the north, it came from the stationing of the thaad systems. one of china's biggest conglomerates has revived a deal previously blocked by the indian government. the group tried to buy 86% of...
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treasury bonds with it so it's inoculates the inflationary effect in china and it keeps us from going on now for ten fifteen years and that's how they end up with three four five trillion dollars worth of reserves over a trillion dollars worth of dollars it gives a mr teacher reserve to wage economic warfare against the u.s. because now they can be like hank paulson the two thousand and prices they want to get seven hundred billion dollars from congress to bail out goldman sachs and he said we have to do this memo and look at it quarter the congress then they crash the stock market goldman sachs j.p. morgan wall street banks they crash the market the next day they just sign this blank check or a check for yes seven hundred billion dollars that's what china can do china could simply say you know give us fannie mae freddie back we want to be the largest landlord america and if you block which is crash or economy we just don't dollars so i was in the driver's seat america's got a thumb up a strengthening. of the chinese foreign ministry spokeswoman chua chen young said she had seen their
treasury bonds with it so it's inoculates the inflationary effect in china and it keeps us from going on now for ten fifteen years and that's how they end up with three four five trillion dollars worth of reserves over a trillion dollars worth of dollars it gives a mr teacher reserve to wage economic warfare against the u.s. because now they can be like hank paulson the two thousand and prices they want to get seven hundred billion dollars from congress to bail out goldman sachs and he said we...
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gary locke was us ambassador to china from 2011 to 2014. he joins us now from seattle.nd he has been left a real mess? the situation is untenable with north korea continuing to develop its nuclear weapons capabilities and its launch capabilities and its launch capabilities but the united states and china and south korea, japan and russia have been trying to do this the many years and the real challenge right now is what we are going to do, is the president inflaming the situation, is he making things more dangerous, certainly i think is a great nation we don't have to respond to every word the north koreans at. it is beneath us and we need to assert our strength and with a show of force and the collaboration we have with the military exercises of the south korean army and the military but we need to de—escalates things and i'm afraid he is making things worse and getting as close to a very dangerous dangerous situation when millions of people's lives could be lost. dangerous situation when millions of people's lives could be lostm dangerous situation when millions of pe
gary locke was us ambassador to china from 2011 to 2014. he joins us now from seattle.nd he has been left a real mess? the situation is untenable with north korea continuing to develop its nuclear weapons capabilities and its launch capabilities and its launch capabilities but the united states and china and south korea, japan and russia have been trying to do this the many years and the real challenge right now is what we are going to do, is the president inflaming the situation, is he making...
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Sep 22, 2017
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from kings college london in 20 minutes time. we are also in the us, where clouds are gathering over the solar energy industry. us manufacturers claim a surge of cheap solar panels from chinatwo of them have taken their case to the us international trade commission. it decides today whether to slap tariffs on chinese solar equipment. their opponents say if that happens it could mean higher prices, and a slump in demand that will hit the whole industry. we'll have a full report in 20 minutes time. don't forget, you can get in touch with me and some of the team on twitter. i'm @bbcrachelhorne. thousands of people have taken to the streets of barcelona after police arrested a number of key officials trying to organise an independence referendum for catalonia. the spanish government says any vote on a split from spain would be illegal. last night the leader of catalonia's regional government said he would defy the ban and push on with the referendum on october 1st. 0ur correspondent, tom burridge, reports from barcelona. they have their own national anthem. a language widely spoken. catalans desperate to vote. in the referendum on independence that the region's devolved govern
from kings college london in 20 minutes time. we are also in the us, where clouds are gathering over the solar energy industry. us manufacturers claim a surge of cheap solar panels from chinatwo of them have taken their case to the us international trade commission. it decides today whether to slap tariffs on chinese solar equipment. their opponents say if that happens it could mean higher prices, and a slump in demand that will hit the whole industry. we'll have a full report in 20 minutes...
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china's trade imbalance with the us is likely to be rekindled. china runs a big trade surplus with the us, in other words it's selling more to us than it buys fromrplus widened in august. sharanjit leyl is following this for us in singapore. give us the figures. that's right, rachel. the world's factory seems to be at it again and that massive trade surplus with the us came in at over $26 billion for the month of august. that's a rise from the previous month. essentially taking the january to august numbers to about $168 billion, a whopping figure that's unlikely to make president donald trump too happy and it's going to raise trade tensions againi it's going to raise trade tensions again i suppose. we know china's trade numbers for august also posted strong growth so we saw experts rising about 5.5% in us dollar terms, imports were up 13%. all of this seems to show china's trade performance seems to be something of a rebound this year after several lea n yea rs, a rebound this year after several lean years, that's really due to much stronger demand you're seeing at home over there in china as well asa at home over there in china as well as a br
china's trade imbalance with the us is likely to be rekindled. china runs a big trade surplus with the us, in other words it's selling more to us than it buys fromrplus widened in august. sharanjit leyl is following this for us in singapore. give us the figures. that's right, rachel. the world's factory seems to be at it again and that massive trade surplus with the us came in at over $26 billion for the month of august. that's a rise from the previous month. essentially taking the january to...
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able to pay for what it's getting from china well some analysts say that basically china is extending generous credit terms to north korea and basically saying you know pay us back when you can my colleague james bays there talking just a short time ago was absolutely correct china is key to resolving this crisis because of course the burden of sanctions once more falls on china's shoulders it's up to china to enforce these new and existing sanctions against north korea the problem you have very close to me rob from here is the main customs yard where you know basically everything that goes across the border or comes into china is inspected but those inspections are pretty cursory you know chinese customs to be doesn't have the personnel to basically inspect every single truck that goes across the border into north korea they simply do not have the manpower also on sunday we went to an area some twenty kilometers outside dun dong which is where the refinery that pumps oil into or into north korea is situated it's a very very sensitive area we were actually detained for two hours by soldiers that's a reflection of just how sensitive that facility years but f
able to pay for what it's getting from china well some analysts say that basically china is extending generous credit terms to north korea and basically saying you know pay us back when you can my colleague james bays there talking just a short time ago was absolutely correct china is key to resolving this crisis because of course the burden of sanctions once more falls on china's shoulders it's up to china to enforce these new and existing sanctions against north korea the problem you have...
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that anyone doing trade or business with them would be prevented from doing trade or business with us. we will work with our allies, china but people need to cut off north korea economically. this is unacceptable behavior. >> chris: does that mean when you talk about a new trade sanction package that will be much tougher than we have been so far? on chinese financial institutions, chinese companies? >> we are going to strongly consider everything at this point. and again, i will draft a package for his strong consideration that would go as far as cutting off all trade or other business. this behavior is unacceptable and if countries want to do business with the united states, they obviously will be working with our allies and others to cut off north korea economically.>> chris: as early as a secretary but first of all, do we believe the chinese reports that this was not an atomic bomb but a much more powerful hydrogen bomb? did our intelligence community believe they have that capability? i also want to put up a picture that the north koreans put out yesterday. this shows kim they said, inspecting with a say was a nuclea
that anyone doing trade or business with them would be prevented from doing trade or business with us. we will work with our allies, china but people need to cut off north korea economically. this is unacceptable behavior. >> chris: does that mean when you talk about a new trade sanction package that will be much tougher than we have been so far? on chinese financial institutions, chinese companies? >> we are going to strongly consider everything at this point. and again, i will...
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us in the u.s. expect from china. well it trying is doing exactly what the u.s. had expected to do it may have been a bit delayed in acting like this but certainly in recent weeks there has been an apparent willingness on the part of china to bring pressure to bear on north korea importantly to ensure that sanctions already in place imposed by the u.n. security council and those unilateral sanctions by the u.s. are fully implemented this is being the criticism of china in the past that although it had agreed to the sanctions in the security council it was not playing its part in fully implementing them but in recent weeks we have seen a shift in this position we've seen china order that its banks stop doing business with north korea we hear that report that north korean businesses are to be shut down in china this is a massive shift in chinese policy and certainly as was pointed out in a support it is bringing the u.s. and china closer together mike hanna live for us in washington d.c. mike thanks very much indeed the mayor of puerto rico's capital some one has a
us in the u.s. expect from china. well it trying is doing exactly what the u.s. had expected to do it may have been a bit delayed in acting like this but certainly in recent weeks there has been an apparent willingness on the part of china to bring pressure to bear on north korea importantly to ensure that sanctions already in place imposed by the u.n. security council and those unilateral sanctions by the u.s. are fully implemented this is being the criticism of china in the past that although...
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Sep 30, 2017
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china. stephen engle joined us from hong kong. often times when you are reading the different rules of the great firewall of china is about speculation. is my service blocked, slow, >> happening? -- what is happening? we got a statement from the cyberspace administration in response to questions posed by bloomberg news. they came back saying whatsapp needs to act to stop the spread of illegal information in china on the whatsapp platform and must take proactive measures. basically to do with the are wechat toquiring do. whatsapp is the last many service by facebook that is available in china. we have a having intermittent outages. in july, users reported -- including myself -- i cannot upload photos or videos. sunday and monday outright outage, including the text messaging part of the service. all of a sudden on tuesday the service came back on. this is a clear warning from the authorities they are watching and perhaps they have found a way to get around the end-to-end encryption that whatsapp has employed. fines be on the way for
china. stephen engle joined us from hong kong. often times when you are reading the different rules of the great firewall of china is about speculation. is my service blocked, slow, >> happening? -- what is happening? we got a statement from the cyberspace administration in response to questions posed by bloomberg news. they came back saying whatsapp needs to act to stop the spread of illegal information in china on the whatsapp platform and must take proactive measures. basically to do...
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Sep 5, 2017
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the us and china, it is worth around 650 billion us dollars, and that 80% of north korea's exports are to china, but will they be enough to stop pyongyang from missile launchers? well, ispoke pyongyang from further missile launchers? well, i spoke earlier to oui’ launchers? well, i spoke earlier to our asian business adviser. north korea is an ultranationalist, xenophobic regime which cannot be influenced by outside powers, so china cannot tell north korea what to do, but it can cut north korea off and that a collapse, which i am convinced is the only way out of it. china has showed it is not willing to get serious, so i think our only resort would be hard secondary sanctions on chinese entities and banks enabling north korea's weapons trade. also, if nikki haley is not successful in getting an oil embargo through the un, we should cut us dollar access to any company supplying north korea. but there could be repercussions in terms of us- could be repercussions in terms of us— china trade and business relations, with the chinese retaliating, and this could basically complicate global trade. yes, that is a real concern. but again, ithink yes,
the us and china, it is worth around 650 billion us dollars, and that 80% of north korea's exports are to china, but will they be enough to stop pyongyang from missile launchers? well, ispoke pyongyang from further missile launchers? well, i spoke earlier to oui’ launchers? well, i spoke earlier to our asian business adviser. north korea is an ultranationalist, xenophobic regime which cannot be influenced by outside powers, so china cannot tell north korea what to do, but it can cut north...
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much mr foreign minister and welcome back to the united nations when this you it us letter a from the associated press. china and russia have proposed a freeze for freeze initiative to try and spur. talks in between north korea and the united states and the other countries affected in the region but this has been rejected by the united states in view of the escalating rhetoric that we've seen especially in the last few days is there any other initiative that you can think of any anything else that might help reduce tensions and bring both sides to the negotiating table thank you evelyn this is what the words the first. sort of sort of sort of. this is this is a war to award toward the first question and i don't think i should repeat the answer to the first question it's absolutely the same question of whether a russian chinese initiative is dead and the votes should be thrown to the on sort of this i think in full. i'm sort of for well is about always think of you having a good i hope so they give you all the time. ok mr minister in your speech yesterday you mentioned that you have difficulty with the o.p.c.
much mr foreign minister and welcome back to the united nations when this you it us letter a from the associated press. china and russia have proposed a freeze for freeze initiative to try and spur. talks in between north korea and the united states and the other countries affected in the region but this has been rejected by the united states in view of the escalating rhetoric that we've seen especially in the last few days is there any other initiative that you can think of any anything else...
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use nnanimous. >> he says china has become estranged from north korea. >> it borders on hostile relationship. >> northhas warned of a harsh response against the u.s. for pushing these new sanctions. >> the u.s. marked #/11 for appeals for it was 16 years ago yesterday that nearly 3,000 people yesterday died when people hi yakked jacked people. and a van finds itself on from t unsteady ground in hurricane soaked florida. this is the cbs morning news. w. and it comes in a jimmy dean's delights breakfast sandwich. stacked with 17 grams of protein. lean into a great day. shine on. so was your doctor's appointment at a steakhouse? ment. when your t-shirt smells more like a t-bone... that's when you know it's half-washed. add downy with odor protect for 24-hour odor protection. unlike detergent alone, downy conditions fibers to lock... ...out odors all day. hey your shirt's making me hungry. so don't half-wash it. downy and it's done. pepsoriasis does that. it was tough getting out there on stage. i wanted to be clear. i wanted it to last. so i kept on fighti
use nnanimous. >> he says china has become estranged from north korea. >> it borders on hostile relationship. >> northhas warned of a harsh response against the u.s. for pushing these new sanctions. >> the u.s. marked #/11 for appeals for it was 16 years ago yesterday that nearly 3,000 people yesterday died when people hi yakked jacked people. and a van finds itself on from t unsteady ground in hurricane soaked florida. this is the cbs morning news. w. and it comes in a...
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Sep 15, 2017
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using their own initiative. in china it isa using their own initiative. in china it is a very deliberate, organised, national to become a major space power by 2030. and that comes fromor level all the way down to the people and the engineers in the mission. in india, they leverage it with cost competitiveness. they were the first asian country, before china and japan, to send a mars probe successfully to mars. not only were they the first asian country, they did it at a fraction of the price that nasa paid. they paid only about 70 million us dollars compared to be maven project by nasa, which was about 700 million us dollars. lynette ta n about 700 million us dollars. lynette tan there. there are several private companies also taking part in the space race. perhaps the most famous one is elon musk‘s spacex. the technology entrepreneur uploaded a minute long video or bullet the real of failed rocket launchers onto his instagram account. —— video or blooper reel. he called it the sordid history of how the spacex fork and rocket eventually managed to land in one piece and stay that way. —— falcon rocket. (bombastic music) lots of hits and misses before you become succe
using their own initiative. in china it isa using their own initiative. in china it is a very deliberate, organised, national to become a major space power by 2030. and that comes fromor level all the way down to the people and the engineers in the mission. in india, they leverage it with cost competitiveness. they were the first asian country, before china and japan, to send a mars probe successfully to mars. not only were they the first asian country, they did it at a fraction of the price...
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Sep 17, 2017
09/17
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china. well joining us from london is paul dano and paul is a campaign leader at global witness thanks for being with us before so i want to ask you first of all in this report you have called what's happening here the biggest possibly the biggest natural resource heist in modern history what why why is that explain that it thanks for having us so are you and a half investigation in myanmar found that the jade sector production of jade in two thousand and fourteen equaled thirty one billion dollars which would be forty eight percent of myanmar's gross domestic almost domestic product and forty six times the spending on health care that that the that the government spent so these findings lead us to the conclusion that this was in fact the biggest natural resource base in history is there a connection then between the jade industry and what is happening right now with the. community now i think you have to look. take a step back and understand the context so the military in myanmar has an outsized role in politics the economy and the social life of the country by virtue of the constitution which
china. well joining us from london is paul dano and paul is a campaign leader at global witness thanks for being with us before so i want to ask you first of all in this report you have called what's happening here the biggest possibly the biggest natural resource heist in modern history what why why is that explain that it thanks for having us so are you and a half investigation in myanmar found that the jade sector production of jade in two thousand and fourteen equaled thirty one billion...