are within your shot of where xi jinping will likely be.re is a large screen, so we able to see if he does say something. , so he will similar likely review the troops from the traditional chinese sedan, going past us sometime after 9:30 and say the traditional statements, comrades, good work. keep it up. these kinds of morale-building moves. rishaad: thank you so much for that. over from the territories to singapore, looking at the first word news headlines. governor kuroda's headache. japan's core consumer prices higher for a fifth straight month in may, but the slow rise means inflation far from the boj 2% target. consumer prices excluding fresh , the jobless rate rose unexpectedly to 3.1%, industrial output fell 3.3%, a worse slowdown than expected. president trump then president putin are set to meet as heads of state for the first time at the g-20 next week in hamburg, coming as bilateral relations are at their lowest in decades. it includes russian intervention in ukraine, american sanctions, and the kremlin's alleged meddling in las

is seen as the streets because xi jinping is seen as a the streets because xi jinping is seen as a divisivein china and in mainland hong kong. a great day in hong kong. thank you so much for joining day in hong kong. thank you so much forjoining us. let's take a look at some of the day's other news. cyber security experts now believe a global ransomware hack may have started with corrupted updates on a piece of ukrainian tax software. the attack has spread to at least 64 countries. governments, ports, banks, oil companies and airports were all hit. a so—called vaccine has been developed to stop the immediate spread of the virus. but more cases are still being reported. earlier, michael chertoff, executive chairman of the chertoff group and former us secretary of homeland security, told the bbc that cyber attacks could increasingly become central to conflict. as with many people within intelligence feel, ifeel this is probably the most serious threat currently we face. first of all, the terrorists, although they have not yet used cyber attacks as a destructive tool, rather than a recruiting

xi jinping also wants to look like a very sta ble jinping also wants to look like a very stable leaderl stage, so by presenting himself into some kind of alliance regarding climate change would not give him a very good image. this is also testing the chinese communist pa rty‘s image. this is also testing the chinese communist party's governing ability, and whether they can address the issues of pollution and poorair address the issues of pollution and poor air quality. that is something xijinping is trying to present poor air quality. that is something xi jinping is trying to present to the world as well as the domestic audience. how big of a sticking point do you think this issue of steel tariffs is going to be?m point do you think this issue of steel tariffs is going to be? it is an ongoing issue. it has become particularly pressing, because what is happening in the political arena and what is happening inside china, thatis and what is happening inside china, that is affecting it. i can only see the problem escalating. thank you very much for your analysis. it's a big day for pakista

during his time, president xi jinping will speak. he is expected to try to push for the fact that hong kong should not try to resist beijing and highlight the benefits of closer ties with beijing, especially the younger people of hong kong who may not identify them's cells with main land the china. after the handover, who was commented that hong kong was per matt and got on with things. in the years since the 2014 protests, it does seem that the outcry in 2014 has somewhat" in the face of rival to some and getting on with it, choosing the economy over democracy, but that is not to say it has in stamped out. arrested at as protests, something he did on tuesday as well. we expect to see more protests in coming days, especially july everych has seen protests year since the handover. rishaad: what about the authorities here? face somedoes stark economic problems, but to what end have they try to address them? paul: the issues have been around for a while. rosalind: we have seen the wealth gap increasing, high property prices, quality of

. >>> the chinese president, xi jinping has arrived in hong kong to celebrate the 20th anniversary of the handover from british to chinese rule. cnbc's emily tan filed this report. >> reporter: president xi jinping has arrived in hong kong to commemorate the 20th anniversary of hong kong's handover this is his first visit as president and is accompanied by the first lady he will be in town for three days, culminating in the swearing in ceremony of chief executive carrie lam and her 21-member cabinet. to mark the anniversary there are many activities that are planned for this weekend, including that of a dinner hosted by the government tomorrow night this is the biggest police operation since 1997, the handover some 10,000 police have been deployed to the streets for the weekend of events and the high-risk with president xi jinping being here in hong kong. he's going to be staying at the grand hyatt, and it is high lockdown there no public guests will be allowed to stay in either of the grand hyatt or in the renaissance harbor view hotel, the two hotels next to the hong kong convention

and more demonstrations are planned for this weekend, to mark xi jinping's historic visit. this city's dissent now revolves around independence. far from it. on this 20th anniversary, if the opinion polls are to be believed, most people in hong kong still want to be part of china as long as their freedoms are guaranteed. but wherever president xi is, there will be no talk of misgivings or dissatisfaction. instead, he told a banquet with hundreds of selected guests that he remained confident in this city. steven mcdonnell, bbc news, hong kong. fewer people are taking their own life on the railways, and that's thought to be because of a ground—breaking partnership between the charity samaritans and network rail. one in six railway staff and transport police have now been trained on what to do if they see someone who looks vulnerable. 0ur transport correspondent richard westcott reports. every year, more than 200 people take their own life on the railways. people of all ages, from all backgrounds. the initial shock after 0scar died... you're just numb and then in the weeks and

xi jinping has the least interest in getting rid of systemic corruption.ernment is corruption. china before reform, there was a so—called socialist country. they looted the former republic of china. the got all of the capitalist property in the government. when they introduced at the time reform and then privatised it, who was benefited? the communist party ruling group. that is the corruption. xi jinping cannot get rid of that. he is getting rid of a couple of overly done corruption. we have seen protests in hong kong, thousands of people on the streets. it did not really get anywhere. it is an ongoing movement. let us look at the future. what do you see happening in china in terms of developing a mass demand for real political reform? the communist party do not know how to face, they are not used to facing people's demand. they do not know how to do it, they do not know what to do. we wanted a dialogue in 1989. the dialogue has been the central phrase. tibet wants dialogue. hong kong wants dialogue. they even decided to get their own flight to beijing to

shall we start with the president xi jinping visit.n protests of, my goodness, they are not taking any chances, are they? it is extraordinary and there was a big rally planned for the first ofjuly. the protesters it is the whole issue of about how they believe they were promised some form of universal suffrage and that was when the uk handed hong kong back to china. they feel it is never, never will come. how important do you think hong kong is to china? 20 years ago it was very important. is it still? 20 yea rs very important. is it still? 20 years ago was quite symbolic. 20 yea rs years ago was quite symbolic. 20 years on it is less important but given itself, hong kong has probably had the oldest running financials infrastructure. china is starting to enter into that debate so i think hong kong still remains important as it helps china develop its own stock market, bond market. from that perspective, yes, still quite key. i noticed that president xi jinping said that hong kong had a place in his heart. i think that has mixed m essa

xi jinping's made his first visit to hong kong as china's leader.irmed china's commitment to hong kong having a different governance system to the chinese mainland. and we have a report about how a common pesticide is threatening the future of both the honeybee, and the wild bee. xijinping has made his first visit to hong kong since he became leader in 2012. this is to tie in with the 20th anniversary of the uk handing hong kong to china. here are some of the pictures we have of the visit. this isn'tjust about the past, it's about the present. great care is being taken to make sure any pro democracy protestors don't get anywhere near mr xi. and he's re—asserted the "one—country, two systems" formula that has governed hong kong since the british left. we'll get more on president xi's visit in just a moment, but before we do, let's hear from the last governor of hong kong, the man in charge at the time of the handover in 1997. that's him there with prince charles there. he's been speaking to my colleague babita sharma who asked, if — after 20 years —

also on thursday, chinese president xi jinping arrives worldwide.se president xijinping arrives in hong kong. he is scheduled to stay until saturday to inaugurate a new leader there. injuly saturday to inaugurate a new leader there. in july the first, saturday to inaugurate a new leader there. injuly the first, 20 years is marked since hong kong was handed back to china by britain. by the end of the week, friday brings a close to the trading session for the end of this year. i was asking what narendra modi might achieve on his visit to the us. i feel at the betrayal of it being low— key i feel at the betrayal of it being low—key since his last visit underlined since the fewer headache —— headlines come out, the better for modi. it is either about visas or outsourcing, it is things they would like to avoid. there will be legitimate things on his agenda and the ace up his sleeve about potential building of f—16‘s for india. 0ther potential building of f—16‘s for india. other than that, they don't wa nt india. other than that, they don't want our lot o

xi jinping and they are shaping perception.things like belt and road initiative, aib, even if the dollar numbers aren't real, if everyone in the room is walking away, china is the future, we better make nice with china. the united states is not even at the table, that's going to spill over into every element in the international politics and just as an example of that, speaking to the southeast asia expert and said we are at the point if not soon where there's no country in southeast asia that's going to be willing to entertain a new security initiative with the united states because of their perspective on the economic side. they are word about economic retaliation. even as we assess the reality of these dollars in the institutions, the profound effect on perception and politics is very important. >> i agree mostly with what eli said but i would say, look in the book and here is the question. in development aid today compare the world bank to china's set of development banks and figure out in terms of loans this year and loans

xi jinping said the two countries have gone from friends to relatives.s given the chinese preferential policies and is trying to speed up approvals and formalities for us. but with that success formalities for us. but with that success has come suspicion. last year, kazakhstan soul protesting against a controversial land reform bill. -- against a controversial land reform bill. —— saw. many thought that china would own too much of the country. yes. only beautiful statements. china is our neighbour, it is our good partner, it is our future. and, umm, kazakhstan is going to use this china economical problem and wealth for our own economical interests. but what about the ordinary people? there are many different statements about china. traditionally, inside of our society, we have our own culture. despite those fears, china is still an increasingly important influence here. at this chinese language school, they see this as the language of the future. for most people in kazakhstan, this is the new reality, the relationship with china, one that will not chang

just a note, here, in hong kong -- of course, xi jinping is in town.s all plays out. well, that chinese currency had a roller coaster ride in june with the bears on the prowl. robin got more on this. why are analysts so bearish right now? this is a really interesting point. we have had several fireworks in this month, or so. why are analysts bearish? they are expecting the economy to suffer a bit. we have some people expecting stabilization. they are expecting a slight rebound in the dollar. that thisteresting is month so far until monday, we had the chinese yuan down. 1.5%.fshore, down words,ek, tuesday, on the currency is up. signal probably a clear that when there are increasing pressures. when the market pushes the currency down, they will set some sort of stability. the way they have done it is pretty surprising. >> it is that the strongest level since november. what is the central bank action? will the pboc go into the market? >> i think they will. there he stayed of policy is to maintain currency, monetary policy, etc.. they will step into the m

the chinese government under xi jinping will not accept hong kong becoming a democracy.re liberal is the attitude in hong kong compared with china even 20 years on? the basic attitude between people in hong kong and in china, very different. hong kong, having been a british colony for 143 years, believed in democracy, human rights and an independent judiciary. democracy, human rights and an independentjudiciary. those are not values that are generally shared and believed on the mainland of china and certainly not by the chinese government. what do you see happening next in how is this deal that was signed between britain and china might change, given what we just heard from the foreign ministry? what happened on the ground in hong kong perhaps will not change the order much by a statement from the chinese foreign ministry. what has changed, in a fundamental way, is how the rest of the world will look at how the chinese government deals with international agreements. if the chinese government ever did sign international agreements with the united kingdom and when it no lo

matt, they did pull out three people and xi jinping says keep working. any news on any others? >> reporter: at this point, no. we heard from state media reports in this very remote area of sichuan province, they detected signs of life. they believe they have a chance of reaching other people. at this point as far as we know, and this is ongoing, as far as we know, they have not been able to pull anyone else out of the rubble other than the family of three. remarkable considering all three people in the same family pulled out at the same time. this happened at 6:00 a.m. this morning. that has something to do with the number of people that are buried underneath all of that rubble you showed in the pictures and video because given that time of morning, most people in the village were probably in their homes. some of them probably asleep unaware of what was barrelling down toward them. the landslide happened at 6:00 a.m. it happened in the high part of the mountain and crashing down into the valley floor which is seemingly where the village was. this is remote village and difficult

you see that xi jinping and his senior colleagues... do they?have responded to the frustration with corruption in china by launching a massive anti—corruption drive with people like bo xilai and other senior officials being brought down because, partly, the public is demanding a cleaner government. so something is happening in china. something is always happening in that massive country. laughter excuse me, but when the western world thinks of the term ‘corruption', the idea comes to your mind because you have corruption in democracies, too. that's bribery. that's money exchange of profit from the government. that's your understanding of corruption. it is like nothing compared with the corruption happening in china. and let me tell you, xi jinping hasn't the least interest in getting rid of what i call systemic corruption. the government is corruption. you know china before the opening reform, it was so called a socialist country, how did they become a socialist country? they looted the former kmt‘s ruling republic of china, got all the capitali

have arrested pro democracy activists who staged a sit-in ahead of a visit from chinese president xi jinpingxi is expected to arrive in the city to mark 20 years of chinese rule. two dozen students sat at the foot of a statue given to hong kong by beijing when the territory was returned from britain in 1997. the monument overlooks the site of a flag-raising ceremony planned

president xi jinping has arrived in hong kong to begin celebrations marking 20 years since the returnge problem in cities around the world, and it affects the health of millions. but a german company has developed a piece of nature—inspired technology, which it thinks could help. it makes so—called ‘city trees', which it's been rolling out from london to hong kong. dougal shaw reports from hamburg, germany. in common with many other european cities, hamburg in germany likes to dress up the urban concrete jungle with a little greenery. what about greenery could be supercharged cleaner air pollution? that is the idea of an it expert turned gardener and entrepreneur. this man's start—up has designed what he calls city trees. urban structures that fightair city trees. urban structures that fight air pollution are harnessing the power of moss. normally found in forest, moss is able to grow without soil. this makes it naturally adapted to take what it needs from the air. the mosque and store the pollution particles and then use them as nutrients and grow with the pollution. moss is particul

he has gone awol, assen without leave, and california will work with president xi jinping to do whatset the negative pathway taken by donald trump. -- absent. greeks will claim that america has abdicated leadership on arguably the world's biggest problem. that america first means the world circuit. —— critics will claim. nick bryant, bbc news. you heard in nick's report from the former american secretary of statejohn kerry — who took the lead on the paris agreement. let's hear more of what he had to say to the bbc‘s katty kay. i think was nixed a very moment of self—destruction i a president of united states on behalf his country. —— self—destruction of a president of the united states. it was big news. he was not truthful about what was said. —— fake news. he, rather than putting america first, i think he has put america last, along with syria and nicaragua. nick aragua, by the way, want to do more than the agreement did. so i president really avoids the reality that this is an agreement in which no other country has required the united states to do anything. —— nicaragua. it is a v

president xi jinping has called for rescuers to spare no effort in their search but as time passes andcts are increasingly bleak. andy beatt, bbc news. 3a high—rise buildings in england have failed fire safety tests on their exterior cladding, according to the government. the buildings are the first to undergo urgent checks following the grenfell tower disaster. a further 600 buildings are due to undergo the tests with local authorities working to identify the buildings at risk. duncan kennedy reports. in the subdued streets of west london today, one more silent, reflective assembly of mourners and neighbours. as these people paused, elsewhere, the now relentless checking of hundreds of tower blocks was continuing. the government asked councils to send in samples of cladding from buildings they were most concerned about, but it's become clear tonight that only 3a tests on cladding have so far been carried out, involving 17 councils, and that every one had failed. the councils include manchester, camden, plymouth, hounslow, barnett and brent, with many of them saying the government must

president xi jinping has called for rescuers to spare no effort in their search but as time passes andeavy rain forecast, prospects are increasingly bleak. andy beatt, bbc news. colombian authorities have arrested eight members of a small left—wing guerrilla group involved in the detonation of a device at a shopping centre in bogota. memorial services we re centre in bogota. memorial services were held at the morgue after three women were killed and 11 people sustained injuries. when the small bomb exploded in a ladies bathroom last week. police described it as a terrorist attack. the united nations says the number of suspected cholera cases in yemen has now passed 200,000. a statement from the world health organization and the children's agency, unicef, said the country is now facing the worst cholera outbreak in the world. steve jackson reports. the two un agencies say they're doing everything they can to stop yemen's cholera outbreak from accelerating. they're tracking the spread of the disease and have deployed rapid response teams to go from house to house, telling people how to p

president xi jinping has called for rescuers to spare no effort in their search but as time passes andst, prospects are increasingly bleak. andy beatt, bbc news. let's take a look at some of the other stories making the news. colombian authorities say they've arrested eight members of a small left—wing guerrilla group, allegedly involved in the detonation of an explosive device at a shopping centre in bogota. memorial services were held at the mall, after three women were killed and 11 people sustained injuries, when the small bomb exploded in a ladies bathroom last week. ajudge in guatemala has charged five more people over the deaths of 41 teenage girls in the fire at a government—run shelter in march. the five, who include two police officers and three government officials, are facing various charges, including manslaughter, child abuse and negligence. they were arrested earlier this month. the united arab emirates has warned qatar that it will be cut off by its neighbours if it doesn't accept their demands. it's been three weeks since the gulf diplomatic crisis erupted. the uae, sa

president xi jinping has called for rescuers to spare no effort in their search but as time passes andeavy rain forecast, prospects are increasingly bleak. andy beatt, bbc news. let's take a look at some of the other stories making the news. the french president emmanuel macron wants the world to sign up to a new environmental agreement that would make a clean and healthy environment a human right. speaking in paris, he unveiled a draft for a legally—binding treaty, which supporters hope will be adopted by the united nations. it follows president trump's decision to take america out of the paris climate change deal. a cyber attack on the uk houses of parliament has targeted the e—mail accounts of some mps and members of the house of lords. authorities say unauthorised attempts had been made to access some accounts. just over a month ago, 48 of england's hospital trusts were hit by a similar attack. ajudge in guatemala has charged five more people over the deaths of 41 teenage girls in the fire at a government—run shelter in march. the five, who include two police officers and three gov

following one visit to mar-a-lago, the president and xi jinping appear to be best buddies.e're not macro this policy could change tomorrow. of -- this has a lot of people very uncertain. yet this currency manipulator. china is our best friend in the western pacific all of a sudden. know, clearly, people are focused on north korea as they should be. the south china sea is still being developed militarily by china. you have the chinese currency stabilizing. we will have to see, this administration seems to make it up as they go along. a trade war with china, i think that anything that will bring tariffs is a dumb idea. i think that will extend well beyond china. that will extend to our partners in north america, europe, they seem to be taking lots of puts these days. china seems to be where we are not picky. in general, rising tariffs are the general drop in global trade. how do you balance the -- caution with the need to earn some return? what you think are the most attractive and least overvalued assets. there are attractions and closed in bonds of five to 10%. their lever

[applause] >> president xi jinping and his wife. [applause] ♪ arriving in hong kong for his first-ever visit. [applause] he is welcomed by the people of hong kong. the chief executive elect. .. the chinese president will address them in the coming days. you see the flags of hong kong as they are and chinese national flags. they have similarities. one is decorated by the five golden stars on the other is the white bohemia smaller. the airport is engulfed with these flags and chinese culture and our hong kong gas, they were mentioning the importance of educating the next generation about his identity and the principle of the one country to system policy. it's very important to educate them, many of the young kids standing at the airport, welcoming the chinese president were born after 1997, after the handover. for them, how to understand the connection between the mainland and hong kong, what would you suggest. >> first of all, i think to understand hong kong as part of china is just to understand the earth will revolve around the sun

president xi jinping is in hong kong for he will confront the over independence.r challenging beijing's authority while emphasizing the benefits of closer times. -- closer ties. president trump's travel ban will take effect tonight. that will give embassies and consulates enough time to figure out how it works. a supreme court ruling provides the 90-day ban on people entering the u.s. from -- sixority majority-muslim countries. i am taylor riggs, this is bloomberg. tom: we have to do a data check with markets on the move. a grinding reversal. a 9 handle 10 handle move. breakout, but it gets your attention. the euro is extraordinary, 1.1415. paying off big this morning. ae next screen, the vix stunning nine point 92 real complacency. i put in the euro-dollar twice i was so excited. is it an entire governor carney data check? francine: it always is, but unrelated to the interview on climate change. climate change is important when you are a global ceo, but it hasn't moved the markets. what has is more than understanding in the markets we are looking at tighter finan

following one visit to mar-a-lago, the president and xi jinping appear to be best buddies.hink, one of the things that is caused most of us watching geopolitics -- or member we are stuck. we are not macro people. i will make this disclosure as i always do. this policy could change tomorrow. i think that is something that has a lot of people a little bit uncertain. you had this currency manipulator, trade problems. administration is focused on trade. all of a sudden china is our best friend in the western pacific. i don't know. clearly, people are focused on north korea as they should be. but the south china sea is still being developed militarily by china. you have the chinese currency stabilizing. which i think probably is a good thing. we will have to see. this administration seems to make it up as they go along. whether policy will be six months or year from now, i have no idea. >> we can't safely say that a threat of a trade war with china has been removed? >> a trade war with china. anything that will bring tariffs is kind of a dumb idea. i am a free trade guy. i think

we weren't getting the headline we expected, but perhaps he is saving that for the president xi jinpingto say something about later this week in hong kong. angie: just wrapping some of the headlines up from that speech out of li keqiang. is a partner in one of asia's biggest asset management firms. li keqiang talked about a lot of things, but what stood out is , almost the lowest in years, 4.9%, which speaks to your view that china only needs to grow by 6.3% to achieve its targets. >> this is a significant change in the whole equation thinking about china. china's overall objective is to increase its real gdp, to double it, within the years 2010-2020. they are clearly on their weight to completing this mission. the country will on need growth of roughly 6.3% to be able to double the gdp in the same period. the chinese now have some luxuries proved they can on stability, not just growth. abouty have noticed news curbing financial risks, avoiding a property bubble, paying more attention to the environment. this can now be afforded simply because growth is well on track andenvironment. une

following one visit to mar-a-lago, the president and xi jinping appear to be best buddies.ot macro people, this policy could change omorrow. and i think that that's something that has a lot of people a little bit uncertain in that you have this currency manipulator. you had trade problems. and the administration is focused on trade. china all of a sudden, is our best friend in the western pacific. i don't know, clearly, people are focused on north korea as they should be. the south china sea is still being developed militarily by china. you have the chinese currency stabilizing. posting mar-a-lago which is probably a good thing. we will have to see, this administration seems to make it up as they go along. what the policy is going to be six months or a year from now, i ave no idea. >> the trade war has been removed? >> a trade war with china, i think that anything that will bring tariffs is a dumb idea. and i'm a free trade guy. i think that will extend well beyond china. that will extend to our partners in north america, europe, they -- we seem to be picking lots of fights

jinping, ando xi california will work with them and other countries to do whatever we can to offset theegative pathway chosen by president trump. >> this is a decision of enormous planetary and geopolitical significance here . the biggestably issue, america first means america alone. the european commission says it deeply regrets the united states's decision. annual macron says it is a serious mistake that will have serious consequences. our correspondent considers the likely impact of the decision. records for temperatures being set around the world and more warming threatening ice and sea levels, nearly every country in the world agreed to try to cut the greenhouse gases that are heeding the atmosphere. they came together, ushering in the terrace agreement negotiated in 2016, the first global attempt to tackle climate change. a landmark deal that america has now dealt a major blow. >> this is a terrible day for international efforts to combat climate change, the biggest issue the world faces. 195 countries sign of the paris climate agreement, and for the second largest polluter in the

over the short run, xi jinping's putin, and when they get together, what do they talk about? against the u.s.. what are they talking about? the u.s. undermining both of us. are they correct? the answer is yes. [laughter] >> i am interested in what you both think on this subject. anne: my thoughts will be briefer as it is not my area. i would say china takes an instrumental and transactional approach to its alliances rather than having grand alliances. for example, you will find the u.k. very thrilled about its relationship with china right now, because china has promised to fund all these power plants that will disappear again if china does not or when the next round comes up. the same is true, i think china likes having north korea very on it, because it gives them a bargaining chip. china conceptualizes itself as a great ancient, ancient power with tributary states around it. it doesn't need alliances, but it needs the occasional relationship. eli: if you're thinking about military alliances, we're not at the point of china signing up for mutual defense treaties. it is expa

president xi jinping will be meeting with president trump at the g-20 summit.n all things china, let's bring in tom. great to have you. lots of different moving parts with china has always. let's talk about the immediate snapshot. what is the latest data telling us? we are getting conflicting signals. areur assessment is we going to see slower growth in china into the second half of the year. the real estate cycle is turning down, the credit cycle is turning down. joe: what do we see here? the china satellite index versus the nbs pmi. >> we going to get a downturn that called into question a little bit. conflicting messages, the official purchasing managers index says manufacturing and services is better in june. an alternative story, images from space suggest the industrial sectors go back into contraction. .e are going to have to go back early indications suggest may be china is going into the second half with more momentum. julia: you see that from the small and medium enterprises as well. the shuttle back -- shadow banking sector. thingsseparate those two w

davos,: interesting at where leaders come to speak, the champion of globalization was xi jinping. mr. burns: and it is richly ironic that the chinese leader becomes the champion of openness and everything else. it underscores the point you made before, people are going to fill a vacuum when they see the opportunity to do so. charlie: i just heard on the radio news that china is building a huge port somewhere. i don't know if it was in the middle east or in africa, but it gave them -- they are building it with their money and their labor. that gives them political advantage. and there is this new one belt, one road strategy that the chinese lost with a lot of fanfare two months ago. there is a huge need for infrastructure construction across eurasia. the chinese have a lot of underutilized capacity for that. but another part of it is strategic. this is about extending chinese influence across eurasia. that's not to suggest that is a threat to american interests, but it's something you've got to recognize. it is a strategy. charlie: their strategy has not then hegemonic or imperiali

markets to the governor spoke for a china correspondent in beijing following talks with president xi jinpingat else did jerry brown have to say? he had strong messages coming up from the u.s.. >> that he did. clearly this was a trick plan. governor brown visited where he xi. he met president he was here to push cooperation. governor brown really said there was a risk now, a very strong risk the innovation, the competitive edge u.s. companies have had in terms of green technology, a lot of those businesses focused in california could be lost because of this decision by the white house. take a listen. , americampetitive gain cannot rest on its laurels. investment, investment in the public sector. we are going to lose out. that is where i think washington is going. >> he has been championing energy, warning about climate change. 1977, households in california. he knows the issues inside out. from the the situation u.s. to what we are seeing in china. it's the largest wind and solar market. he thinks it is going to be a key issue and key topic of debate around the midterm elections. governor tur

for president xi jinping, who has a long-standing relationship with the u.s.assador, this is a domestic issue. shouldi: the country respect china's judicial sovereignty and refrain from using any individual case to interfere in china's internal affairs. was granted medical parole may 23 and hospitalized with late stage liver cancer. in a widely circulated the outcome has wife has been under house arrest. she was devastated by the news. >> you can't have surgery, can't have radiotherapy, can't have chemotherapy. liu xiaobo is serving an 11 year sentence for writing a human rights manifesto, he was awarded the two army 10 nobel peace prize. -- 2010 nobel peace prize. rochelle: a change of pace now, it is time for the business news. stephen carroll joins me. good to have you as ever. unblocked computers affected by the ransom attack. stephen: this is striking around the world, particularly ukraine and russia. it is blocking users' access to the computer until they pay a sum of money, using the digital money bitcoin. tracking payments made to want bitcoin wallet b

. >> is the photo of president xi jinping arriving in hong kong for the three-day visit.e 20 year anniversary proves the success of the policy according to the "global times. you can get that in another state papers in china. xi pledges full support and will help build a better hong kong. they're talking about these pledges coming from the chinese president looking ahead to the future. turned tohong kong's deliver on the goodwill and faith the central government is showing it. anchor: how are the papers in hong kong reacting? >> it has been interesting reading the hong kong papers over the last couple of years. it was critical of beijing, but today they are going when it comes -- glowing when it comes to mainline china. they say the formula has worked thatll for hong kong invest realistically recently -- recently hinders progress. they are supportive of beijing. there is a cartoon, a political cartoon, critical of critics in the west who are critical of the formula. it is quite critical of great britain which used to rule over hong kong. queen perhapse showing a bit of hy

that process to go faster this followed his meeting with the foreign minister earlier this morning xi jinpingded hotel and xi believes the one country, two systems continues its steady process. >>> and rupert murdoch's takeover of sky to a long investigation after finding the $15 billion deal risks giving the media mogul too much power over the news agenda regulatorshave given fox until july 15th to propose new concessions that would allow the deal to go through. >>> and police near dallasspen the morning clearing a fiery interstate crash which included catching loose pigs on the highway. a semitruck carrying a load of pigs flipped over and burst into flames the driver was okay. i'm not so sure about the future of the pigs, however that is the news update at this hour ty, back to you. >> i was just thinking that ways -- they don't have an icon for that >> no, they don't. they will soon now that you suggested it >> pigs on the road ahead. >> major or minor? >> that's just hog wild. sue, thank you. >>> markets are around session lows as we watch the bigger selloffs in recent months. the dow and

has increased since xi jinping and trump met and there was this agreement to work together to do more to pressure north korea. the u.s. since then does not feel that china has really stepped up to the plate. so we've seen some sanctions placed on chinese companies by the treasury department. we've seen talk about selling more arms to taiwan an incredibly sensitive topic to the chinese. and then the mention of this problem with china and trade. in many ways that may reflect the fact that china has often expressed its opposition to decisions that other countries have made by putting pressure on their businesses. and what we've seen is that as the korean government has moved ahead with the decision to put this fade missile anti-missile defense system in place that china has been putting a large amount of pressure on korean firms with exposure to china. and that's something that both ko and the u.s. have said is unacceptable. so we'll see how the two countries maybe talk more to china about that behavior. >> hey, christian welker is with us. kristen, yesterday was all about the tweets whe

with xi jinping since january 20th, he's been universally praising xi jinping and yet he's aggressivelyratically elected allied leaders and europe and in asia it's a strange thing. every other american president would never dare to criticize an allied leader. sometimes you have a tough minor comment about an autocratic leader on unfriendly leader, but you have to safeguard those relationships. president trump just has it backwards on how to treat our friends and our adversaries publicly. >> all right. you want to go on a limb and tell me what you think happened, all the senate 98-2 voted on sanctions against russia, hooked on sanctions with the iran bill. it now goes to the house. if there is a bill at the house and the bill for sanctions to russia goes to the oval office, does he sign or not sign, do you think? >> i think he has to. he doesn't have the republican party leadership. he's lost them because they fear he's going to be weak on russia. he might lift some of these sanctions at some point. and this bill which was, of course, offered by senator bob card in, senate foreign relati

over the short run, xi jinping's best buddy is himself. together, and get what do they talk about? against the u.s. what are they talking about? the u.s. undermining both of us. are they correct? the answer is yes. [laughter] anne: my thoughts will be briefer as it is not my area. i would say china takes an instrumental and transactional approach to its alliances rather than having grand alliances. for example, you will find the u.k. very thrilled about its relationship with china rights -- right now, because china has promised to bundle the power plants that will disappear again if china does not or when the next round comes up. the same is true, i think china likes having north korea, very dependent on it because it gives them a bargaining chip. i think that is the relationship. china, i think still conceptualizes itself as a great ancient, ancient power with tributary states around it. it doesn't need alliances, but it needs the occasional relationship. eli: if you're thinking about military alliances, we're not quite at the point of china's signing up for mutual defense treatie

in a setting normally reserved for visiting heads of state he met with chinese president xi jinping whow viewed as the world's leader on climate change. >> china is the world's biggest polluter. do you trust them on this issue? >> they're taking the climate threat serious and i say all to the good and california will collaborate. i just hope that washington comes on board sooner rather than later. >> reporter: brown is not waiting. he came here to spur more chinese investment in renewable energy such as solar panels and wind turbines which will help california achieve its own goals. china is investing more than $360 billion to convert to cleaner forms of energy. it's a stark contrast to the trump white house that has promised to open new coal mines. >> you try to prop up dying coal mines or a technology that bell. s toxins out the tailpipe, you're going to lose, and it's tomb we start winning. >> in his rationale for pulling out of the paris climate accord trump talks about losing jobs but it's going to create 13,000 new jobs in china in the next few years. ben tracy, cbs news, beijing.

[laughter] ♪ ♪ there we go as we prepare for the arrival of xi jinping. visit as a precedent to the territory, marking 20 years since his hand over from britain. that's what we have at the moment. digestingve markets and wall street and big moves there, technology coming back, and digesting what the central bankers have been saying as well. i am rishaad salamat broadcasting from bloomberg's asia headquarters. i am haidi lun in sydney. we are seeing financials carry on from that extended rally in wall street. what -- parsing what the central banks had to say, the boe there. we are taking a look at the shanghai and hong kong markets just kicking over to the open. shery: a pretty good start for the markets in china. the hang seng index gaining .7%, and you mentioned tech shares leading the gains, up 1.4%. the only sector losing ground is energy, although oil prices are gaining for a fifth consecutive session. regulators will start looking into that sell off of some small s we saw earlier in the week, 17 companies losing 40% of

and more demonstrations are planned for this weekend, to mark xi jinping's historic visit.evolves around independence. far from it. on this 20th anniversary, if the opinion polls are to be believed, most people in hong kong still want to be part of china — as long as their freedoms are guaranteed. but wherever president xi is, there will be no talk of misgivings or dissatisfaction. instead, he told a banquet with hundreds of selected guests that he remained confident in this city. steven mcdonnell, bbc news, hong kong. you're watching bbc news. fewer people are taking their own life on the railways, and that's thought to be because of a ground—breaking partnership between the charity, samaritans and network rail. one in six railway staff and transport police have now been trained on what to do if they see someone who looks vulnerable. 0ur transport correspondent, richard westcott, reports. every year, more than 200 people take their own life on the railways. people of all ages, from all backgrounds. the initial shock after 0scar died... you're just numb and then in the week

president xijinping president xi jinping arrives to celebrate 20 years of chinese rule.. i'm kasia madera in london. also in the programme: the first woman jockey to win australia's biggest horse race is suspended after failing a drugs test. putting singapore's traditional cuisine on the global map — we meet the chef who won peranakan food its first michelin star.

hong kong is braced for the arrival of the chinese president xi jinping.arrive in the next couple of hours to mark the 20th anniversary of hong kong's handover from britain to china. it's his first visit as chinese leader and protests are expected. 26 pro—democracy activists were arrested on wednesday. the last british governor of hong kong, chris patten, has said their campaign can't be ignored. the campaign to protect the rule of law, to protect due process, to stop people being abducted on the streets of hong kong with the chief executive turning and looking the other way, i think all that is really, really important and i don't think the rest of the world should ignore it. i think the way that china keeps its commitments and pledges in hong kong will tell people an awful lot about whether china can be trusted in this century. earlier i spoke to our correspondent juliana liu about the unrest that has been building there. we expect more protest to come but we don't think the president will come face—to—face with any of these demonstrators. he will be a w