SFGTV: San Francisco Government Television
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Mar 1, 2019
03/19
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ambassador wang? we know it is the year of the boar.h, and i am looking forward to continuing this time-honored tradition here in san francisco, so on behalf of the city and county of san francisco, we would like to declare this year the year of the boar officially in the city and county of san francisco. thank you, ambassador, for being here. >> thank you, honorable mayor. i would say that i'm very pleased and honored to join all of you in celebrating the chinese lunar new year, the most honored chinese traditional festival. i don't think any words can describe my excitement at the moment. i would like to thank you very much, mayor, for the celebration, which is, indeed, the most unforgettable one i have ever had outside of china. [ applause ] as a new citizen of san francisco, i think i'm very proud of the new achievements made in the city development under your leadership. as the chinese consul general, i'm very pleased to note the new progress in the collaboration between china and san francisco last year. looking into the new year,
ambassador wang? we know it is the year of the boar.h, and i am looking forward to continuing this time-honored tradition here in san francisco, so on behalf of the city and county of san francisco, we would like to declare this year the year of the boar officially in the city and county of san francisco. thank you, ambassador, for being here. >> thank you, honorable mayor. i would say that i'm very pleased and honored to join all of you in celebrating the chinese lunar new year, the most...
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wang's do leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to an already high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g. networks out of risk it also adds tension too and a ready complicated trade relationship between the world's top two economies. that's some other stories making headlines around the world the so-called islamic state has claimed responsibility for an attack that killed three people in the afghan capital kabul the blasts targeted a ceremony marking the anniversary of the death of a prominent house our leader afghan chief executive abdulla dula and former president hamid karzai attended the event but they were not harked. to lawmakers
wang's do leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to an already high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five...
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Mar 4, 2019
03/19
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a spring in selina wang in san francisco -- let's ring in selina wang. what is the latest behind this new lawsuit? but she has sued canada, saying and unlawfully detained searched her. it's an interesting case because they are saying that when she was in vancouver, they should have immediately arrested her so she would have been rented legal privileges. she is alleging that canada used the guise of a customs border patrol searching as a way to detain her and unlawfully searched her. that is the latest. the big news is that chinese government is saying the two canadian men who were arrested december are now being accused of spying and stealing state secrets. one of them was said to do this while working with the international crisis group and the other man was his primary contact that supplied him with intelligence. so it is seen from the perspective of analyst as upping the ante and seeing a retaliatory tactic against what is happening to her. emily: how has canada responded? justin trudeau said he is very disappointed by the regularly -- legal proceedin
a spring in selina wang in san francisco -- let's ring in selina wang. what is the latest behind this new lawsuit? but she has sued canada, saying and unlawfully detained searched her. it's an interesting case because they are saying that when she was in vancouver, they should have immediately arrested her so she would have been rented legal privileges. she is alleging that canada used the guise of a customs border patrol searching as a way to detain her and unlawfully searched her. that is the...
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Mar 21, 2019
03/19
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let's get to first word news with selina wang.a: european union leaders say they are generally open to granting a delay provided theresa may can win a vote in parliament next week. president xi jinping has arrived key to lead european nations into signing up for its initiative despite warnings from the u.s. and others. >> i do think that italy leading the remaining european countries could actually entice other countries to join and maybe form, like we said, a european unified strategy regarding the development of africa, the middle east, and other countries. >> tylan votes this week in its first general election since the army seized power 25 years ago -- thailand votes this week. he has tried to present himself with a unifying candidate with politics increasingly divided between the rural poor and urban establishment. new south wales votes this weekend. the national government plans to turn the state into an economic driver and may not be enough to save the local liberal national industrialization. regional voters feel they miss
let's get to first word news with selina wang.a: european union leaders say they are generally open to granting a delay provided theresa may can win a vote in parliament next week. president xi jinping has arrived key to lead european nations into signing up for its initiative despite warnings from the u.s. and others. >> i do think that italy leading the remaining european countries could actually entice other countries to join and maybe form, like we said, a european unified strategy...
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Mar 26, 2019
03/19
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andna wang in san francisco our senior analyst.w york, this is bloomberg. ♪ the chinese president calling for more trust and greater cooperation between europe and china after meeting with european leaders in paris today. xi's push comes over mounting concerns over china's influence. let's bring in shery ahn. closer tiesding with your, there are concerns about china's influence into europe and also about its investment and potentially cybersecurity issues. was at a press conference with president macron and chancellor merkel, he goes ahead and says we cannot let the jewel suspicion get the better of us, we must not always be guarded against each other, and worried they may do something behind our back. important that is something we need to avoid. if you go by appearances alone, you would think the europeans are welcoming china into europe. you saw those lavish welcomes whether in paris with military ceremonies or in rome last week with horseback guards. but suspicions remain. are playing italy and the southern europeans off the no
andna wang in san francisco our senior analyst.w york, this is bloomberg. ♪ the chinese president calling for more trust and greater cooperation between europe and china after meeting with european leaders in paris today. xi's push comes over mounting concerns over china's influence. let's bring in shery ahn. closer tiesding with your, there are concerns about china's influence into europe and also about its investment and potentially cybersecurity issues. was at a press conference with...
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Mar 25, 2019
03/19
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daniel also claims that after his last conviction wang's wife is increasingly taking over the operations he way he went for the sales or trials area and it works out it's time to get a little closer. our first stop is once rural property in penang back hills. we need to see whether he's returned to his life of crime as some say or leading a reform life. twenty ten when law enforcement officers busted into this place he found two thousand tigers as well as the crocodile in question now it's his that sort of thing still going on here. an hour later after hiking through the hills we stumble on a number of cages. and then we spot an enclosure. there's a tortoise inside. evidence that is at least keeping animals. for the wrong we find a row of newer enclosures it's hard to make out what they are so we creep closer. the animals have distinctive ears we show our photos later to experts who tell us these are servile cats from north africa. following his twenty ten conviction malaysia's government banned wang and his wife she had been she from holding business and wildlife trading permits. yet so
daniel also claims that after his last conviction wang's wife is increasingly taking over the operations he way he went for the sales or trials area and it works out it's time to get a little closer. our first stop is once rural property in penang back hills. we need to see whether he's returned to his life of crime as some say or leading a reform life. twenty ten when law enforcement officers busted into this place he found two thousand tigers as well as the crocodile in question now it's his...
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Mar 17, 2019
03/19
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anna wang: thank you, nice to be here. robert: give us a little overview.ike i was saying before, a lot of people hear the name, they feel like they're familiar with it, might feel like they know more about it than they do. where are we at right now with the group? anna: well, friends of children with special needs started 23 years ago with ten families. right now, we're serving over 1,000 families in the san francisco bay area. robert: wow, yeah. is it tough to keep up with the demand, or is it-- anna: it's very tough to keep up with the demand. i myself have a son with special needs, and he is currently 29 years old. when we first started the organization, he was only six. yeah-- robert: what would it have been like without that kind of support system? anna: we were devastated when we found out he was diagnosed with autism because i'm not an experienced mom, know how to raise a kid, leave alone a special needs kid. so, there was a lot of sadness and depression, and a lot of things that very challenging to find help for him. at that time, the children with
anna wang: thank you, nice to be here. robert: give us a little overview.ike i was saying before, a lot of people hear the name, they feel like they're familiar with it, might feel like they know more about it than they do. where are we at right now with the group? anna: well, friends of children with special needs started 23 years ago with ten families. right now, we're serving over 1,000 families in the san francisco bay area. robert: wow, yeah. is it tough to keep up with the demand, or is...
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Mar 8, 2019
03/19
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all questions are screen, which means if the foreign minister wang yi was asked about huawei and theanada, huawei and the detention of meng wanzhou in canada, that means he wa nted wanzhou in canada, that means he wanted to be asked about it and he wa nted wanted to be asked about it and he wanted to be asked about it and he wanted to send a message to the us and canada. that message was that his company has no choice but to stand by huawei and meng wanzhou, who he said refuse to be that mies like silent lambs. —— refused to be victimised. he also said any impartial observer would see this is not a normal case, not a normal extradition request, this is a deliberate political move on the pa rt deliberate political move on the part of the united states and canada. he also said china was not only defending huawei for the sake of this company, but for all countries around the world who have similar companies, tech companies, and who believed in free trade. so in this sense, in a way, he is taking the high moral ground and saying that china is defending multilateralism and defending free
all questions are screen, which means if the foreign minister wang yi was asked about huawei and theanada, huawei and the detention of meng wanzhou in canada, that means he wa nted wanzhou in canada, that means he wanted to be asked about it and he wa nted wanted to be asked about it and he wanted to be asked about it and he wanted to send a message to the us and canada. that message was that his company has no choice but to stand by huawei and meng wanzhou, who he said refuse to be that mies...
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Mar 8, 2019
03/19
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considers for ways products a security threat and says beijing can use its equipment for spying wang said the bad and ongoing attempts to extradite a top while way executive from canada a politically motivated. the recent action against a particular chinese company and individual is by no means a pure judicial case but deliberate political suppression china has taken and will continue to take all measures to resolutely safeguard legitimate and lawful interest of chinese businesses citizens now nasa has captured unprecedented photos of the interaction of shock waves from two supersonic jets these photo images show t. thirty eight aircrafts flying in formation at supersonic speeds producing shock waves . hello again alan is of the problem in doha where the headlines on al-jazeera friday protests demanding the resignation of algeria's president have been held for the third successive week this time they appear bigger than ever train and metro operators halted services but that didn't seem to stem the latest in two weeks of nationwide protests demonstrators are demanding a two year old p
considers for ways products a security threat and says beijing can use its equipment for spying wang said the bad and ongoing attempts to extradite a top while way executive from canada a politically motivated. the recent action against a particular chinese company and individual is by no means a pure judicial case but deliberate political suppression china has taken and will continue to take all measures to resolutely safeguard legitimate and lawful interest of chinese businesses citizens now...
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Mar 30, 2019
03/19
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and that's why i'm wanging even more than normal.ve hit my own brick wall. but it's also because it's so nuanced. if we say, yes, france says this, then it's like — france is going to say no! it's not as clear cut as that. it's definitely maybe though, isn't it? the government's probably going to have to ask for an extension. they're probably going to get it, but they might be pretty punitive as to conditions attched. and therefore it's not impossible to say we won't leave without a deal on the 12th of march. 0h, april! april, yeah, there you go. that's all we can see tonight, isn't it? parliament's going to try and force a softer brexit on the government next week. theresa may's probably going to have to ask for an extension. what the eu says might mean we leave without a deal in a fortnite. 0r there's some sort of extension. some kind of extension, and the extension might be a bit grim. and if nobody can agree any of that, it is true, we might be heading to a general election! no deal is no longer a hammer. it's something that's se
and that's why i'm wanging even more than normal.ve hit my own brick wall. but it's also because it's so nuanced. if we say, yes, france says this, then it's like — france is going to say no! it's not as clear cut as that. it's definitely maybe though, isn't it? the government's probably going to have to ask for an extension. they're probably going to get it, but they might be pretty punitive as to conditions attched. and therefore it's not impossible to say we won't leave without a deal on...
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Mar 2, 2019
03/19
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he runs up and punches deputy wang. the deputies eventually subdue okobi. they tell her make sure okobi can breathe. okobi later becomes unresponsive. as paramedics arrived, the surgeon says he believes okobi is under the influence of drugs. paramedic start cpr, but he died. an autopsy found no drugs, alcohol, or medication in his system. his family said okobi had suffered a mental break. by phone, his sister ebele okobi addressed the media. >> it says we are not safe in san mateo county if you are black or mentally ill or if you need help. you can be a like to get it to death by those who are meant to protect and serve. >> reporter: now several other people have died in the past year after being tased by law enforcement in san mateo county, and so far no charges have been filed in those chases. the officers waited saying these deaths are proof that tasers are not nonlethal weapons. henry lee, ktvu fox 2 news. >>> serious allegations against an east bay daycare after a young child comes home with bruises on his face. coming up tonight at 5:30, we talked to
he runs up and punches deputy wang. the deputies eventually subdue okobi. they tell her make sure okobi can breathe. okobi later becomes unresponsive. as paramedics arrived, the surgeon says he believes okobi is under the influence of drugs. paramedic start cpr, but he died. an autopsy found no drugs, alcohol, or medication in his system. his family said okobi had suffered a mental break. by phone, his sister ebele okobi addressed the media. >> it says we are not safe in san mateo county...
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Mar 14, 2019
03/19
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BLOOMBERG
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i'm selina wang. this is bloomberg. >> president trump says he should have news on a china deal in the next three weeks to four weeks and he says people will be talking about it for a long time. joe sobczyk joins us from washington. we reported that a deal is unlikely before march is out. what is going on behind-the-scenes in terms of what is driving this timeline? trump says, either way, we will have news in three or four weeks. joe: heated. the original timeline of having some meeting with president xi at the end of march was already quite a bit optimistic dividend the complexity of the issues involved, so today, he said he will have news either way, but he also suggested things were going well. as being veryhina cooperative in the talks, and it was a bit of an optimistic note. both sides have been saying for sometime that they are making progress. there are difficult issues to work through, but it is at least some sign that there is movement. the president tried not to oversell it too much, but he
i'm selina wang. this is bloomberg. >> president trump says he should have news on a china deal in the next three weeks to four weeks and he says people will be talking about it for a long time. joe sobczyk joins us from washington. we reported that a deal is unlikely before march is out. what is going on behind-the-scenes in terms of what is driving this timeline? trump says, either way, we will have news in three or four weeks. joe: heated. the original timeline of having some meeting...
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Mar 3, 2019
03/19
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wang: i think so.t has already started with the meeting last december and the economic work conference. we heard from president xi's speech a couple weekends ago when he emphasized the importance of the financial sector. there is not a mention of deleveraging anymore. in fact, we are looking for growth to rebound this year. and we're looking for gdp ratio to rise by about six percentage points of gdp. to some extent, that is a and that is, necessary to support growth. we are going to see more accommodative monetary policy and we will see a bigger overall fiscal deficit. ramy: just now you are telling haidi that there would be more stimulus, i think we are all expecting that. how much is too much? the tolerance for fiscal deficit what would be a number you think would be too much? the government always limits of the budget deficit to 3% or below. i think this year we will not see that exceeded. however, outside of that budget, we have quasi-fiscal spending can we have the local government financing vehi
wang: i think so.t has already started with the meeting last december and the economic work conference. we heard from president xi's speech a couple weekends ago when he emphasized the importance of the financial sector. there is not a mention of deleveraging anymore. in fact, we are looking for growth to rebound this year. and we're looking for gdp ratio to rise by about six percentage points of gdp. to some extent, that is a and that is, necessary to support growth. we are going to see more...
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the backdrop to what's becoming an ever escalating dispute while waves chief financial officer among wang jew leaving her house in canada for an appearance and course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest a violation of her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g. networks that all risk it all so tension to an ev ready complicated trade relationship between the world's top two economies. and let's talk about the trade relationship and the likelihood of a trade deal with our financial correspondent new york jose luis de haro. some new signs that a deal might not be coming soon despite recent reports what can you tell us. i disappoint stephen it is a clear that there might be a chinese compromise to increase the imports coming from the us a main goal for de
the backdrop to what's becoming an ever escalating dispute while waves chief financial officer among wang jew leaving her house in canada for an appearance and course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest a violation of her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to...
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doesn't just teach students punches and kicks but also the thirty six chinese survival stratagems wang has taught me how to wait calling it a feeling for the right moment tells mission to find her neighbor takes her down a twisted path to the stranger who attacked her now if it sounds like a crime story don't expect a classic whodunit in. the shadow boxing woman brings together past and present as well as to berlin's east and west that are just getting to know each other again but mostly it's about confront. fear and shadows of an era. and this unique list of one hundred german books you should read is available on our website at www dot com slash culture and indeed lots about the project and about the books and more about lynn up there all on the website as well that's all we've got time for on this edition of culture. thanks to all the crew for keeping this all together for me to join us at the site in times of war or if you got on. the phone. in. german agriculture destroying baltic people. german companies are mining on a massive scale it's a cheap resource to the farmers. but envi
doesn't just teach students punches and kicks but also the thirty six chinese survival stratagems wang has taught me how to wait calling it a feeling for the right moment tells mission to find her neighbor takes her down a twisted path to the stranger who attacked her now if it sounds like a crime story don't expect a classic whodunit in. the shadow boxing woman brings together past and present as well as to berlin's east and west that are just getting to know each other again but mostly it's...
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to uganda now with susan wang it was crowned the twenty eighteen national rally champion she's the first woman in africa to win the national title in most irani now the world is fast becoming an inspiration for women beyond my to sport. motor sport funds in uganda will do anything to cheer their teams i think i dreamily in sport has a big following among both men and women. but things look quite different in the cockpit. via just over fifty licensed drivers international wryly championship. almost exclusively men but the phrase one woman the ranks among the best. when i had just set in little did they know that these so of course i was young by then and that this young lady who had come up to challenge men everybody despised me that is a lot. speeds. whatever over. fist aches in the national championship are high and susan more often gets nervous when her rivals are on the truck. at first so you become anxious. but let our own when you get to the tat when i get to the stats and i drop all the. it is not easy. how could driver knows how to give susan a boast when the competition is stiff.
to uganda now with susan wang it was crowned the twenty eighteen national rally champion she's the first woman in africa to win the national title in most irani now the world is fast becoming an inspiration for women beyond my to sport. motor sport funds in uganda will do anything to cheer their teams i think i dreamily in sport has a big following among both men and women. but things look quite different in the cockpit. via just over fifty licensed drivers international wryly championship....
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Mar 21, 2019
03/19
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BLOOMBERG
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selina wang for us. thank you so much for that reporting., it is the first big tech ipo in the united states for 2019. how are lyft's investors reacting to the roadshow, and what do early investors have to say? and later in the show, an experimental drug to cure alzheimer's is a failure. we discussed where the fight stands in the biotech space, as biogen loses 30% of its value. this is bloomberg. ♪ emily: this is "bloomberg technology." one of the most persistent questions for lyft is how it can reverse losses. they told a room of potential shareholders to expect a decline next year. it has yet to prove itself as a sustainable business and these concerns could also affect over -- uber, which is expected to go public in the next few months. of lyfte is an investor and is on the board. you invested very early, 2010. this was right after you had joined the company, so they took a chance on you and you took a chance on lyft. what did you say -- see? their very first pitch i still half and i like sharing it with stanford students, but they talked
selina wang for us. thank you so much for that reporting., it is the first big tech ipo in the united states for 2019. how are lyft's investors reacting to the roadshow, and what do early investors have to say? and later in the show, an experimental drug to cure alzheimer's is a failure. we discussed where the fight stands in the biotech space, as biogen loses 30% of its value. this is bloomberg. ♪ emily: this is "bloomberg technology." one of the most persistent questions for lyft...
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the backdrop to what's becoming an ever escalating dispute wild ways chief financial officer among wang as you were leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran. she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to an already high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g. networks that all risk it also adds tension to and ready complicated trade relationship between the world's top two economies. let's bring in ali by financial correspondent in frankfurt only weiwei that getting a bit miffed that with all the bad p.r. they're getting from u.s. officials will this lawsuit make a difference do you think i don't know if it will a little bit surprising considering the development that this lawsuit is coming only now at this point in time of course it's an unfort
the backdrop to what's becoming an ever escalating dispute wild ways chief financial officer among wang as you were leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran. she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to an already high cost conflict the u.s. effort to get allies to shun the firm threatens...
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Mar 22, 2019
03/19
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selina wang for us. thank you so much for that reporting.g up, it is the first big tech ipo in the united states for 2019. how are lyft's investors reacting to the roadshow, and what do early investors have to say? next.talk to two of them and later in the show, an experimental drug to cure alzheimer's is a failure. we discussed where the fight stands in the biotech space, as biogen loses 30% of its value. this is bloomberg. ♪ want more from your entertainment experience? just say teach me more. into your xfinity voice remote to discover all sorts of tips and tricks in x1. can i find my wifi password? just ask. [ ding ] show me my wifi password. hey now! [ ding ] you can even troubleshoot, learn new voice commands and much more. clean my daughter's room. [ ding ] oh, it won't do that. welp, someone should. just say "teach me more" into your voice remote and see how you can have an even better x1 experience. simple. easy. awesome. emily: i am emily chang and this is "bloomberg technology." hundreds of millions of facebook one of the most pers
selina wang for us. thank you so much for that reporting.g up, it is the first big tech ipo in the united states for 2019. how are lyft's investors reacting to the roadshow, and what do early investors have to say? next.talk to two of them and later in the show, an experimental drug to cure alzheimer's is a failure. we discussed where the fight stands in the biotech space, as biogen loses 30% of its value. this is bloomberg. ♪ want more from your entertainment experience? just say teach me...
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Mar 20, 2019
03/19
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i am selina wang. this is bloomberg news.tting to the action with sophie kamaruddin and how we are setting up for the market. earningshere are aplenty on tap. looking at losses, slowing growth. , downgrading for the first time in three years to reflect the rest -- risk sentiment. the yen is gaining ground. now we are having kiwi stocks under pressure. the and -- asx 250 is off after gains on course for the first weekly drop in seven. --are seeing the kiwi dollar there was initial selling and reacting to the year on year rent, but growth met quarterly estimates for the fourth quarter. pushing the kiwi dollar into the 69 zone. roseing-market currencies to a nine-month high overnight while the dollar was dragged lower on the fed's dovish tone. danny faang said this is a bullish outcome with markets pricing away the final step of the hawkish fed. on a week of second gains. looking at a deer to date view, currencies of 2.5% and morgan stanley said the next stage of that rally is here. haidi: thank you. let's look at what we are wa
i am selina wang. this is bloomberg news.tting to the action with sophie kamaruddin and how we are setting up for the market. earningshere are aplenty on tap. looking at losses, slowing growth. , downgrading for the first time in three years to reflect the rest -- risk sentiment. the yen is gaining ground. now we are having kiwi stocks under pressure. the and -- asx 250 is off after gains on course for the first weekly drop in seven. --are seeing the kiwi dollar there was initial selling and...
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Mar 13, 2019
03/19
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i am selina wang. this is bloomberg. shery: u.s.viation regulators have reversed course and are grounding the boeing 737 max. it follows moves from other regulators and airlines around the world following a deadly crash in ethiopia, the second in five months for the plane. this reporter covers aviation safety. was this inevitable given how isolated the faa had become? some might argue that the faa said they were waiting for hard data. until today, there was almost nothing known about the crash in ethiopia. the black boxes had remained in ethiopia. they had not been analyzed. what happened today, we got a look at new satellite tracking data that showed a precise path for the flight. it was similar to the unusual and distinctive path the lion air plane took in indonesia. straightf flying on a climb out of the airport, it was going up and down and up and down. that is what we saw here. there is a piece of new evidence they found at the scene. they don't know exactly what it is but this evidence also suggests it could be linked to this
i am selina wang. this is bloomberg. shery: u.s.viation regulators have reversed course and are grounding the boeing 737 max. it follows moves from other regulators and airlines around the world following a deadly crash in ethiopia, the second in five months for the plane. this reporter covers aviation safety. was this inevitable given how isolated the faa had become? some might argue that the faa said they were waiting for hard data. until today, there was almost nothing known about the crash...
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the backdrop to what's becoming an ever escalating dispute while waves chief financial officer among wang jew leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g. networks out of risk it also adds tension to an already complicated trade relationship between the world's top two economies. the financial world is looking to frankfurt today where the european central bank is meeting and what about our financial correspondent is keeping an eye on the action that will he what can we expect. i think a new prognosis for the economy in the euro zone that's expected and also for the inflation and of course these are key parameters for what the b. does in order to support
the backdrop to what's becoming an ever escalating dispute while waves chief financial officer among wang jew leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the...
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Mar 28, 2019
03/19
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selina wang and naomi nix, thank you both. facing growing backlash over a conversion therapy app in its play store. why the search giant has yet to remove it, next. this is bloomberg. ♪ emily: the popular gay dating app grindr is being viewed as a national security concern. according to a report from reuters, canadian investors in the united states has told a chinese company to sell the app. there is concern beijing could use information from the app to blackmail american officials. joining us to discuss is isaac stone fish. this is a fascinating story. i had no idea the u.s. government could order china to sell a company. >> they are certainly trying. we don't know quite yet whether the company will try to sell grindr, which they should not have a problem to do so. it is a successful app. it really does point to fascinating national security locations of where the u.s. china relationship is right now. emily: talk about what the national security implications are. isaac: grindr is similar to the tech giant huawei in both of th
selina wang and naomi nix, thank you both. facing growing backlash over a conversion therapy app in its play store. why the search giant has yet to remove it, next. this is bloomberg. ♪ emily: the popular gay dating app grindr is being viewed as a national security concern. according to a report from reuters, canadian investors in the united states has told a chinese company to sell the app. there is concern beijing could use information from the app to blackmail american officials. joining...
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Mar 28, 2019
03/19
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the number 2 seed from romania beat china's wang qiang in straight sets but she was made to work hardictory. halep won the first set 6—4 — and had to come from 5—1 down in the second, before sealing her place in the last four. she's through to the semis in miami for only the second time. in the men's singles, roger federer has claimed the last of the quarter—final places after beating daniil medvedev in their delayed 4th round match — held over from tuesday. federer — who's bidding to win the miami masters for a fourth time — came through in straight sets against the number 13 seed from russia. federer won 6—4, 6—2, and is looking forward to facing south africa's kevin anderson in the last eight. i think it will be tricky. he has a great serve so i think it will be tricky. he has a great serve so you i think it will be tricky. he has a great serve so you go back to big serve mentality, to try to hold your own service games first before thinking of how to break kevin. i had a difficult one against him at wimbledon where i lost and i was able to come back and play a good match when i ha
the number 2 seed from romania beat china's wang qiang in straight sets but she was made to work hardictory. halep won the first set 6—4 — and had to come from 5—1 down in the second, before sealing her place in the last four. she's through to the semis in miami for only the second time. in the men's singles, roger federer has claimed the last of the quarter—final places after beating daniil medvedev in their delayed 4th round match — held over from tuesday. federer — who's bidding...
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the backdrop to what's becoming an ever escalating dispute while ways chief financial officer among wang jew leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g. networks out of risk it also adds tension to an already complicated trade relationship between the world's top two economies. well for more now we're joined by kate ferguson from our business desk good morning kate the morning so quite way is striking back in the courts saying that it's being unfairly discriminated against in the united states so what do we make of that all this is such a dramatic shift in tone so for the last few years has taken a really defensive stance so they've endured accusations
the backdrop to what's becoming an ever escalating dispute while ways chief financial officer among wang jew leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran she claims the arrest violated her rights and is politically motivated. while ways decision to sue the american government to a ready high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the...
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Mar 5, 2019
03/19
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emily: selina wang for us in san francisco, thanks for that update.eantime, elon musk tweeted sunday that the company will reveal its model y crossover vehicle on march 14. but investors are worried about demand. he said it's about 10% bigger than model 3, so will cost about 10% more. concerns continue to rise over online sales shift an employee layoffs. -- and employee layoffs. kathy, i know you're generally bullish on tesla. are you concerned about these things? >> i think the mistake people are making is, elon is riding down a technology cost her. -- curve. prices should fall. they will fall and continue to fall because battery pack system prices are coming down. emily: he says making the car at this price is excruciatingly difficult. >> he walked in and the first thing he said is, the traditional automakers are unbelievable in terms of the way they cut costs. what i said to him is, that is fine, but they have not been riding down a technology cost curve for a century, right? you are writing down this -- riding down this battery pack system cost cu
emily: selina wang for us in san francisco, thanks for that update.eantime, elon musk tweeted sunday that the company will reveal its model y crossover vehicle on march 14. but investors are worried about demand. he said it's about 10% bigger than model 3, so will cost about 10% more. concerns continue to rise over online sales shift an employee layoffs. -- and employee layoffs. kathy, i know you're generally bullish on tesla. are you concerned about these things? >> i think the mistake...
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Mar 8, 2019
03/19
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BBCNEWS
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the chinese government's top diplomat, state councillor wang yi, says that china supports huawei technologiesess in the united states, adding that chinese companies should use legal weapons and not be silent lambs. the chinese telecoms equipment maker has sued the us government thursday, saying a law limiting its us business was unconstitutional. all this week, the latest innovations in the car world are on display at the geneva motor show. there is a lot of focus on making things electric, but with hundreds of vehicle vying for attention, how do you stand out from the crowd? theo leggett has been finding out. well, let us start with this one. it is from seat, and as you can see, its defining feature is it is pretty small. so it doesn't use up much road space. it is good for use in cities. clever. well, maybe not this one. it is a one—off viper car from bugatti. but the only thing quirky about it is the price. it is a cool $19 million. well, how about this? it may look like an old—style land rover defender, because that is what it is under the skin, but this one has been re—engineered by uk f
the chinese government's top diplomat, state councillor wang yi, says that china supports huawei technologiesess in the united states, adding that chinese companies should use legal weapons and not be silent lambs. the chinese telecoms equipment maker has sued the us government thursday, saying a law limiting its us business was unconstitutional. all this week, the latest innovations in the car world are on display at the geneva motor show. there is a lot of focus on making things electric, but...
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Mar 20, 2019
03/19
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BLOOMBERG
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i'm selina wang, this is bloomberg.hery: the federal reserve stoned global markets by sounding and even more dovish tone than it did in january. policy makers/to the forecast for rate hikes this year to zero unless the door opened to the next move in either direction, depending on what happens with the economy. kathleen hays is here. jay powell turning even more dovish than we expected. reporter: absolutely. recently as december, the federal reserve was signaling gradual rate hikes this year. people said the consensus was, people thought three could easily be done, and here we are three months later, the fed looking at its economic projections again and changing their mind are medically -- dramatically. when jay powell went to the press conference, he gave his prepared remarks, strong economic fundamentals, the labor market is strong, a positive view. he acknowledged the data that they have to see if it plays out. also talking about the slowdown china.pe and he says it's a good time for the fed to watch and wait. he als
i'm selina wang, this is bloomberg.hery: the federal reserve stoned global markets by sounding and even more dovish tone than it did in january. policy makers/to the forecast for rate hikes this year to zero unless the door opened to the next move in either direction, depending on what happens with the economy. kathleen hays is here. jay powell turning even more dovish than we expected. reporter: absolutely. recently as december, the federal reserve was signaling gradual rate hikes this year....
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Mar 28, 2019
03/19
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the number 2 seed from romania beat china's wang qiang in straight sets but she was made to work hardhe second, before sealing her place in the last four. she's through to the semis in miami for only the second time. in the men's singles, roger federer has claimed the last of the quarter—final places after beating daniil medvedev in their delayed 4th round match — held over from tuesday. federer — who's bidding to win the miami masters for a fourth time — came through in straight sets against the number 13
the number 2 seed from romania beat china's wang qiang in straight sets but she was made to work hardhe second, before sealing her place in the last four. she's through to the semis in miami for only the second time. in the men's singles, roger federer has claimed the last of the quarter—final places after beating daniil medvedev in their delayed 4th round match — held over from tuesday. federer — who's bidding to win the miami masters for a fourth time — came through in straight sets...
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Mar 21, 2019
03/19
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long walk to the wang. and yang thinks this is an important voting bloc for him, saying of the anti-circumcision movement, "i'm highly aligned with the intactivists," not to be confused with the tti isere!ring movement: thesh y bufit, i a some tions to alexandria ocasio-cortez. ok i'll admit. i didn't keep my place as clean as i would like 'cuz i'm way too busy. who's got the time to chase around down dirt, dust and hair? so now, i use heavy duty swiffer sweeper and dusters. for hard-to-reach places, duster makes it easy to clean. it captures dust in one swipe. ha! gotcha! and sweeper heavy duty cloths lock away twice as much dirt and dust. it gets stuff deep in the grooves other tools can miss. y'know what? my place... is a lot cleaner now. stop cleaning. start swiffering. ...used almost everywhere on almost everybody. like the arm of an angel. or the leg of this little guy. for ages 2 and up, prescription eucrisa works at and below the surface of the skin. it blocks overactive pde4 enzymes which is believ
long walk to the wang. and yang thinks this is an important voting bloc for him, saying of the anti-circumcision movement, "i'm highly aligned with the intactivists," not to be confused with the tti isere!ring movement: thesh y bufit, i a some tions to alexandria ocasio-cortez. ok i'll admit. i didn't keep my place as clean as i would like 'cuz i'm way too busy. who's got the time to chase around down dirt, dust and hair? so now, i use heavy duty swiffer sweeper and dusters. for...
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Mar 27, 2019
03/19
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i am selina wang. this is bloomberg. shery: the u.k. house of commons voted on a series of brexit proposals and failed to back any of them. bloomberg's brexit editor joins us from london. extension to brexit increasingly likely at this point? emma: i think it probably is. for a few hours last night there was a moment of excitement and we thought theresa may might get that brexit deal over the line. she offered up her own job in return for votes to get those brexiteers on board. for a moment it did look like she might succeed. boris johnson said he would support the deal, behind closed doors. dup, the small northern irish party that props up a government, came out and said no, we will not support the deal because it threatens the united kingdom. suddenly these nonbinding votes became more important. parliament's verdict is that there is no majority for anyone proposal. one they came close is to remain in the customs union. it does look like it might become the starting point for more negotiations between lawmakers who wil
i am selina wang. this is bloomberg. shery: the u.k. house of commons voted on a series of brexit proposals and failed to back any of them. bloomberg's brexit editor joins us from london. extension to brexit increasingly likely at this point? emma: i think it probably is. for a few hours last night there was a moment of excitement and we thought theresa may might get that brexit deal over the line. she offered up her own job in return for votes to get those brexiteers on board. for a moment it...
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Mar 12, 2019
03/19
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let's bring in janelle wang with late details. janelle. >> both those airlines, raj and jessica, have the new boeing 737 max 8 in their fleet. senator feinstein says ground all of them until we know what is going on. just a couple of hours ago, she released a statement saying in part, quote, until the cause of the crash is known and it's clear that similar risks aren't present in the domestic fleet, i believe all boeing 737 max 8 series aircraft operating in the u.s. should be temporarily grounded. and that has raised questions, it says in the quote, and she wants a remedy and some answers. yesterday's crash killed 157 people in ethiopia. eight of them americans. ntsb and inspectors from boeing have the two black boxes to try and figure out what caused the plane to go down just six minutes after take off. initial data shows the plane was flying at erratic vertical speeds as the crew strugzled to control the plane. that is eerily similar to the lion air crash months ago. the boeing max 8 crashed in indonesia killing all 189 on boar
let's bring in janelle wang with late details. janelle. >> both those airlines, raj and jessica, have the new boeing 737 max 8 in their fleet. senator feinstein says ground all of them until we know what is going on. just a couple of hours ago, she released a statement saying in part, quote, until the cause of the crash is known and it's clear that similar risks aren't present in the domestic fleet, i believe all boeing 737 max 8 series aircraft operating in the u.s. should be temporarily...
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Mar 14, 2019
03/19
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claire wang, a lot of strong points. thank you so much.r final year and on this story, we're getting new details on how extensive this scam was and on william singer the man behind it. doug bellkin is a higher education journalist. we know that singer pleaded guilty to four charges earlier this week admitting that he created this quote/unquote, side door to help these wealthier clients get their kids into these top tier schools. just take me back to square one and how did this all get started. >> he moved to sacramento in the late '80s. he was a basketball -- high school basketball coach, he parlayed that into an assistant coaching job in sacramento state and he opened up a shop helping local kids get counseling to get into college. the local high school there had won counselor, one guidance counselor for 2,200 students so there was a need and he filled it. he grew his business very slowly and steadily and began to raise his rates and ultimately moved to newport where he took this to a whole other level. >> when he took it to a whole new l
claire wang, a lot of strong points. thank you so much.r final year and on this story, we're getting new details on how extensive this scam was and on william singer the man behind it. doug bellkin is a higher education journalist. we know that singer pleaded guilty to four charges earlier this week admitting that he created this quote/unquote, side door to help these wealthier clients get their kids into these top tier schools. just take me back to square one and how did this all get started....
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Mar 12, 2019
03/19
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wang was a 5th year ph.d. student in materials science and engineering.ou can reach the national suicide prevention lifeline at 1-800-273-8255. and those are some of the headlines. this is democracy now, democracynow.org, the war and peace report. i'm amy goodman. juan: and i am one gonzalez. welcome to all of our listeners and viewers across the country and around the world. the "new york times" is reporting that new york's attorney general issued subpoenas to deutsche bank for records related to the trump organization. this comes just weeks after the president's former lawyer, michael cohen, testified before congress that trump had inflated his assets and financial statements. the "times was quote states the probe focuses on how the trump organization financed several large projects, including trump international hotel in washington, d.c. and the trump international hotel and tower in chicago. in addition, the new york attorney general's office is looking at the trump --anization's on accessible unsuccessful attempt to buy the buffalo bills. amy: the ho
wang was a 5th year ph.d. student in materials science and engineering.ou can reach the national suicide prevention lifeline at 1-800-273-8255. and those are some of the headlines. this is democracy now, democracynow.org, the war and peace report. i'm amy goodman. juan: and i am one gonzalez. welcome to all of our listeners and viewers across the country and around the world. the "new york times" is reporting that new york's attorney general issued subpoenas to deutsche bank for...
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Mar 18, 2019
03/19
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it all started when amir met wang tireless daughter chelsea a melbourne based nurse who worked on mannus vaccinating asylum seekers. i tales. hi amy or how are you she was adamant quite honestly that we do something and yet we were we was somewhat. concerned that we could really achieve anything having not been through it before but we just said well we'll give it a go i think they're like ok a semi retired political consultant when tyler was undaunted by the complexities of refugee sponsorship and so this well connected group hit the phones lobbying politicians and officials to bring amir to canada oh well at her party right now it's almost inconceivable what these people could be treated the why that they have been treated certainly from the people who were part of al group when i heard that story felt that it was. i'm further noble that people could be kept by sickly as prisoners. yeah. and another one and we say every year there's. a muse getting on with the life that detention on menace interrupted. his vancouver community college or b.c.c. the first place that i started containing
it all started when amir met wang tireless daughter chelsea a melbourne based nurse who worked on mannus vaccinating asylum seekers. i tales. hi amy or how are you she was adamant quite honestly that we do something and yet we were we was somewhat. concerned that we could really achieve anything having not been through it before but we just said well we'll give it a go i think they're like ok a semi retired political consultant when tyler was undaunted by the complexities of refugee sponsorship...
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Mar 21, 2019
03/19
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i'm janelle wang. >> i'm raj mathai. now a potential new way to stop sideshows. people in contra costa county are worried about the spinouts, the speeding, and guns that often come with these sideshows. nbc bay area's jodi hernandez has the details. >> reporter: raj, folks here in contra costa county say they've been dealing with violent sideshows for far too long. now the county says they have a solution. these raised speed bumps may look low tech but the county says they hope they'll stop the side-showers in their tracks. this is just a taste of what folks in contra costa county have been living with for months. side show drivers doing dangerous maneuvers. we found this video on instagram. >> they're standing right where it's happening. >> it happens multiple times a week. sometime t
i'm janelle wang. >> i'm raj mathai. now a potential new way to stop sideshows. people in contra costa county are worried about the spinouts, the speeding, and guns that often come with these sideshows. nbc bay area's jodi hernandez has the details. >> reporter: raj, folks here in contra costa county say they've been dealing with violent sideshows for far too long. now the county says they have a solution. these raised speed bumps may look low tech but the county says they hope...
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Mar 15, 2019
03/19
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ALJAZ
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it all started when amir met wang tyler's daughter chelsea a melbourne based nurse who worked on mannus vaccinating asylum seekers. i tales. hi amy or how are you she was adamant quite honestly that we do something and yet we were was somewhat. concerned that we could really achieve anything having not been through it before but we just said well we'll give it a go i thought and they're like ok without a semi retired political consultant why in tyler was undaunted by the complexities of refugee sponsorship and so this well connected group hit the phones lobbying politicians and officials to bring amir to canada oh well our parting now it's almost inconceivable what these people could be treated the why that they have played treated certainly from the people who were part of al group when i heard that story felt that it was. unfathomable that people could be kept by sickly as prisoners. yeah. and another one and we say every year there are. amused getting on with their life that detention on man is interrupted. he's vancouver community college or. the first place that i started i continu
it all started when amir met wang tyler's daughter chelsea a melbourne based nurse who worked on mannus vaccinating asylum seekers. i tales. hi amy or how are you she was adamant quite honestly that we do something and yet we were was somewhat. concerned that we could really achieve anything having not been through it before but we just said well we'll give it a go i thought and they're like ok without a semi retired political consultant why in tyler was undaunted by the complexities of refugee...
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Mar 1, 2019
03/19
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i'm janelle wang in for jessica aguirre. >> i'm raj mathai.uerneville remains under water and there are a lot of problems for many local towns. >> about 2,000 buildings have flooded our sky ranger was overhead giving us a bird's eye view. much better than 24 hours ago, but you can see much of the area still under water. it will be weeks, not months, for it to dry out. >> we begin with nbc bay area's jodi hernandez in forestville. you were there yesterday in that exact same spot. how much has it changed? >> reporter: raj, it has changed dramatically. i'm actually standing on a road that i had to tour aboard a boat yesterday afternoon. those cars you see behind us were completely covered with water yesterday afternoon. while there's still a lot of water out here
i'm janelle wang in for jessica aguirre. >> i'm raj mathai.uerneville remains under water and there are a lot of problems for many local towns. >> about 2,000 buildings have flooded our sky ranger was overhead giving us a bird's eye view. much better than 24 hours ago, but you can see much of the area still under water. it will be weeks, not months, for it to dry out. >> we begin with nbc bay area's jodi hernandez in forestville. you were there yesterday in that exact same...
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Mar 12, 2019
03/19
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let's bring in janelle wang with late details. janelle. >> both those airlines, raj and jessica, have the new boeing 737 max 8 in their fleet. senator feinstein says ground all of them until we know what is going on. just a couple of hours ago, she released a statement saying in part, quote, until the cause of the crash is known and it's clear that similar risks aren't present in the domestic fleet, i believe all boeing 737 max 8 series aircraft operating in the u.s. should be temporarily grounded. and that has raised questions, it says in the quote, and she wants a remedy and some answers. yesterday's crash killed 157 people in ethiopia. eight of them americans. ntsb and inspectors from boeing have the two black boxes to try and figure out what caused the plane to go down just six minutes after takeof
let's bring in janelle wang with late details. janelle. >> both those airlines, raj and jessica, have the new boeing 737 max 8 in their fleet. senator feinstein says ground all of them until we know what is going on. just a couple of hours ago, she released a statement saying in part, quote, until the cause of the crash is known and it's clear that similar risks aren't present in the domestic fleet, i believe all boeing 737 max 8 series aircraft operating in the u.s. should be temporarily...
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Mar 23, 2019
03/19
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. >> i'm janelle wang. raj and jessica have the night off. >>> special counsel robert mueller has delivered his report to the attorney general looking into russian interference in the 2016 presidential election. >> that's right, and although they don't yet know what that report says, we're already getting reaction from across the country. nbc bay area's scott budman joins us now with the details. scott? >> anousha, the reaction is coming in from washington and the bay area tonight, and this without knowing all that much. what we do know is that mueller has already charged 34 people as part of his investigation, obtaining guilty pleas or convictions for seven of them. he's not recommending any more indictments which means for now, no indictments of trump family members or president trump himself, at least on this case. it is now up to the attorney general, william barr, to decide how much of any of this report is released or whether other charges could be filed. we spoke to a local political science professo
. >> i'm janelle wang. raj and jessica have the night off. >>> special counsel robert mueller has delivered his report to the attorney general looking into russian interference in the 2016 presidential election. >> that's right, and although they don't yet know what that report says, we're already getting reaction from across the country. nbc bay area's scott budman joins us now with the details. scott? >> anousha, the reaction is coming in from washington and the bay...
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Mar 26, 2019
03/19
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ALJAZ
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following his twenty ten conviction malaysia's government banned wang and his wife . from holding business. and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are search a public records found that both anson and his wife at had several business permits renewed from the book it jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. where we find answers wife being she almost immediately she confirms she and her husband are still trading and we're really really. back to. our documents search also and covers another company gronow wildlife it was formed after wong's twenty ten convictions listed owner is a name we don't recognize. but trading permits show it exports the same animals as anson did to the same us customers he had before his arrest. i think the door might be open so. rose address is listed on the upper floor of a commercial strip in the name of somebody near shore. from the street we can make out aquariums and cages leading us to believ
following his twenty ten conviction malaysia's government banned wang and his wife . from holding business. and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are search a public records found that both anson and his wife at had several business permits renewed from the book it jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. where we find answers wife being she...
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Mar 8, 2019
03/19
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government foreign minister wang says beijing will protect the rights of its people and companies way is suing washington over a ban on federal agencies from using its technology the u.s. considers why waste product a security threat and says beijing can use its equipment for spying china says u.s. allegations are an act of deliberate political suppression. there been calls for an investigation into how i saw fighters were able to launch an attack in afghanistan's capital that killed three people and injured dozens war the group attacked a gathering of the hazaar ethnic minority politicians in western kabul reports from the capital. from a city to a battlefield kabul becoming the frontline of a battle between i saw an afghan forces i saw launched an attack on senior politicians a more than one thousand whose hours gathering to commemorate his. it began peacefully broadcast on national t.v. the c.e.o. of dollar bill or the former president hamid karzai listening to speeches then rockets were heard in the distance to make a comeback dr dunston your places the incidents are far from here
government foreign minister wang says beijing will protect the rights of its people and companies way is suing washington over a ban on federal agencies from using its technology the u.s. considers why waste product a security threat and says beijing can use its equipment for spying china says u.s. allegations are an act of deliberate political suppression. there been calls for an investigation into how i saw fighters were able to launch an attack in afghanistan's capital that killed three...
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us financially in his bid to oust president nicolas maduro by simply recognizing opposition leader wang but as well as interim president the us seems to think it has already succeeded in effecting regime change with the state department going so far as to break journalists who think otherwise we have noticed in news coverage that some outlets are incorrectly referring to one guy joe as the opposition leader or the south proclaimed president. neither is correct it's relying on venezuela's constitution one guy joe became interim president of venezuela on january twenty third and millions of americans and more than fifty countries recognize why go as interim president of venezuela to get this straight you're complaining because it's reported that you don't think he made a complaint pointing out just trying to correct all that's all it's like a completely since three weeks he's the is the interim president well and we don't want to consider him to be the interim president as you say fifty other countries. recognize him as the interim president but they're all more than a hundred members of
us financially in his bid to oust president nicolas maduro by simply recognizing opposition leader wang but as well as interim president the us seems to think it has already succeeded in effecting regime change with the state department going so far as to break journalists who think otherwise we have noticed in news coverage that some outlets are incorrectly referring to one guy joe as the opposition leader or the south proclaimed president. neither is correct it's relying on venezuela's...
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Mar 14, 2019
03/19
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BLOOMBERG
tv
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. >> we were talking to henry wang about this line of china debt.ting more bad i have to wonder what the impact it could have on banks. to comply with national policy, lending out risky loans. what does that mean for loan growth? banks be pressured by this? >> what is new? central banks have always been using financial institutions commercial banks as their policy extension. it is part of the transmission mechanism. secondly, from a bank perspective, they were given more guidance to accelerate lending. the opposite of what they have been told. if you think about the overall macro stability, the fact that banks are a profligate sector, the top central government would be able to make it rebound, that helps factor in banks. you have been here since you put out the target. that is a wide range. or $70 billion. is that a reflection of self-doubt? policy maybe don't have that much confidence. in. would take it i think this is better than what we thought. we thought they would lower it. they gave their range. this is better than what we thought as the lower bound. shows instead of what the
. >> we were talking to henry wang about this line of china debt.ting more bad i have to wonder what the impact it could have on banks. to comply with national policy, lending out risky loans. what does that mean for loan growth? banks be pressured by this? >> what is new? central banks have always been using financial institutions commercial banks as their policy extension. it is part of the transmission mechanism. secondly, from a bank perspective, they were given more guidance to...