40 Burst results for "China"
Fresh update on "china" discussed on Glenn Beck
"Of the bolts. The Russians say they have a Corona virus vaccine. I'm Chris Foster Fox News President Vladimir Putin, making that announcement, saying even one of his daughters has taken it. Russia's Health Ministry claims the vaccine provides immunity for up to two years hasn't been widely tested, and White House Council Kellyanne Conway tells Fox. What I understand from the Russia announcement is this's nowhere near where we are, which is we have six different vaccine candidates into phase three on there don't seem to be there yet. Corona virus cases hit a new milestone worldwide after Cove in 19 appeared in central China late last year. It took about six months to get to 10 million cases worldwide. It took a little more than six weeks for that number to double. Johns Hopkins.
Virus surge makes US weak link in global economic recovery
"As the global economy tries to regain its footing amid the virus pandemic the U. S. is being seen as one of the chief risks to a worldwide rebound in past downturns the U. S. has been able to pull the world economy out of a rut but analyst and exporters figure that's unlikely this time as America deals with the virus originated many businesses scale back or cancel re opening plans from a luxury handbag maker in Italy to a hat maker in Asia companies that rely on the U. S. market for sale say it's just not there analysts say the US is bumbling response of the pandemic is hurting its own economic prospects while the European Union China and other entities are trying to regain some economic normalcy Sager make ani Washington
Fresh "China" from Glenn Beck
"Problems on I 20 through leads or 59 through trust bill makes reported, 8 10 Captain Karl on Alabama's Morning news. Looks like we're gonna have a mix of clouds and Sun today about 95 for the high this afternoon and another 40% chance of those afternoon showers for us right now. Partly sunny 77 Alabama's morning news parents in Jefferson County not happy with the online on LY school policy. Leah Brandon has more in just a couple of minutes. But first Fox News covers the world News Radio, 1055 w E R C Birmingham, then whoever your world No, The Russians say they have a Corona virus vaccine. I'm Chris Foster Fox News President Vladimir Putin, making that announcement, saying even one of his daughters has taken it. Russia's Health Ministry claims the vaccine provides immunity for up to two years hasn't been widely tested, and White House Council Kellyanne Conway tells Fox. What I understand from the Russia announcement is this's nowhere near where we are, which is we have six different vaccine candidates into phase three on there don't seem to be there yet. Corona virus cases hit a new milestone worldwide after Cove in 19 appeared in central China late last year. It took about six months to get to 10 million cases worldwide. It took a little more than six weeks for that number to double. Johns.
Pentagon offers military airwaves for 5G wireless networks
"The Pentagon plans to free up a big chunk of its military air waves in the US for high speed internet service the trump administration says it's identified radio spectrum used for military radar defense systems that could be shared with commercial telecommunications providers without compromising national security it's part of a broader push to get ahead of China in the deployment of five G. wireless technology which promises faster speeds and less lag when connecting to the internet the White House says by the end of next year the Federal Communications Commission will be able to auction off one hundred megahertz of the military's mid band spectrum for commercial use Jackie Quinn Washington
Fresh update on "china" discussed on South Florida's First News with Jimmy Cefalo
"Quarter. Again. The latest escalation of trade tensions with China products imported to the United States from Hong Kong will be labeled made in China. A government document published in the Federal Register says the labeling rule will go into effect September 25th. The rules change will likely have a very limited impact on Hong Kong's trade or its economy. Manny back to you. All right, Jeff. Thank you very much of you or someone you love or someone. You spend a lot of time around. Where is one of those neck gators? You know the thing that hangs around your neck, You just pull it up over your nose and mouth and stuff whenever you're around, people. If you wear that, instead of masks, you need to listen up. A new study published yesterday in the journal Science. Advances calls into Question whether those neck taters work at all. And preventing the spread of the virus. The research, a Duke University school of medicine, use laser beams to track the number of respiratory droplets that spread while people wore different kinds of masks. Of the 14 mass they tested, they found the least effective in controlling the spread of those droplets were bandannas and those neck gators. As a matter of fact, they've found somehow Of those neck Gators actually spread the virus. More than not wearing anything at all. How is that possible, Duke physicist Martin Fisher explains. We attribute this to the fleece.
Unwanted Truths: Inside Trump’s Battles With U.S. Intelligence Agencies
"Us now is Robert Draper writer at large for the New York Times magazine. He's the author of several books including most recently to start a war how the Bush administration took America into Iraq Arbor draper has just published this landmark piece of reporting the Times magazine. It's called unwanted truth this inside trump's battles with US intelligence agencies among the scoops embedded here is news that. The. White House pressured the Director of National Intelligence to change and intelligence community conclusion that Russia wanted president trump reelected in two thousand, twenty, the intelligence director at the time Dan Coats said, no, he was then fired his successor signed off on the change, but he was then fired after one of his deputies briefed Congress that in fact, Russia is working to reelect president trump this year. Mr Draper I, thank you for this reporting for joining us here tonight to help us understand it. Thanks very much for your time. I've said a lot of words about the. Words that you have reported here and that you have printed. Let me just ask if I got anything wrong or if you think that I'm looking at anything the wrong way around. To actually think presences I did when issue two clarifications the I rooted in the most important is that I am not aware the Joe McGuire had anything to do with the alteration of the National Intelligence Estimate this all took place during his first couple of weeks on the job when his hands were very much full with Ukraine whistleblower incident as you correctly pointed at and so this really. Anthem it matter win the in I was approved on September the twenty six inch testifying on the hill all day long. So he wasn't able to cheer that meeting. So that's the first second thing is that You know they're a don't want the story to give anyone the impression that the intelligence community as a whole has been bent to the will of Donald Trump. There's still plenty of analysts in case officers who are doing very good work. The problem is that the people above them have been in the line of fire with the trump administration and had begun to water down such that the intelligence products do not have the integrity that they once did not mean saying black is why end up as down but they are saying things in a more equivocating fashion and we saw this most recently just out of this past Friday. On a no deny official release this election security report saying that for the first time did yes it did appear the Russia. Trump essentially the same breath saying that China in Iran. Favored Biden is if it were kind of a jump ball or something in that was working patient, you did not see before the trump presidency. I feel like I. Thank you for for those clarifications and for drilling down on those things in that way I feel like. When I read it, the beginning of your piece that Dan Coats was pressured to change the National Intelligence Estimate around Russia's intentions for the two thousand election and he said, no felt like, wow, that's that's really big news about Dan Coats to find out that that happened just before he was fired. Is itself a scoop. But then to find out that the National Intelligence Estimate. was in fact watered down in the way that the White House wanted under Joe McGuire. It it does seem like the sort of bending to the White House's will equivocating on things that aren't equivocal casting things in a way that doesn't you know is designed not to upset the president or put things in ways that he likes it does feel like it's not just pressure, but it's effective pressure that's actually working on the I say. Over sharing in. A. probably Rachel that the matter of. Russia in election security has been a sore subject since before trump's presidency and everyone knew I in the NFC in the West Wing and certainly in the intelligence community that to bring the very matter of Russia interfering in two thousand sixteen, it's likely interference patterns through the midterms and into twenty twenty an most of all that if they were trump would be to call into question the legitimacy of this presidency. That's how he would receive this and so because it was such an unpleasant thing as report out then chief definite Mulvaney and then national security advisor. John was a considerable lengths to to keep this completely off the agenda would get on the agenda for example, when it was a single in a seat meeting at relating to Russia in Election Security Pearson Nelson than the secretary of. Homeland Security didn't get five minutes into it before trump started interrupting her and asking questions about a wall along the Mexican border. So this has been a distasteful subject to him people around him have known that and they have adjusted themselves unfortunately accordingly.
Fresh "China" from South Florida's First News with Jimmy Cefalo
"12th Avenue Construction, blocking the left Lane 95 South Bend of 5 95 Emergency vehicles have the left lane blocked on the ramp. The eastbound 5 95 new chef makes windows that are both energy efficient. Hurricane resistant new shop Windows air made in Florida for Florida homes by Florida workers because they know Florida weather for a limited time. Save 35% on factory. Direct winners indoors. Visit New south window dot com You're next update in 10 minutes NEWS Radio 6 10 W pretty super Soupy. That's how to best describe walking outside Right now. It is hot and extremely human, but otherwise pretty nice out there, maybe a 20% chance of some showers around midday or so on that Partly cloudy skies plenty of sun with highs in the low nineties coming up on 8 51 Let's check in our business headlines with R. Bloomberg Business reporter in his Jeff Bellenger. Good morning, Jeff. Many experts, including Dr Anthony Fauci, say the earliest most Americans will be able to get a covert 19 vaccine will be next spring or summer. And that's if the most optimistic projections hold true and the vaccine is cleared in November. Government officials are developing a plan for how the shots will be distributed. Who will get them? And then to track their effectiveness and safety and other complication is that the leading candidates all required two doses. Americans. Retirement accounts are doing well for the most part, despite the recession caused by the pandemic. That is something president Trump likes to cite as an economic indicator, Fidelity Investments as the average for a one K balance increased 14% in the second quarter. Again. The latest escalation of trade tensions with China products imported to the United States from Hong Kong will be labeled made in China. A government document.
Why South Asia's COVID-19 numbers are so low
"States is approaching five million covert 19 infections. We've passed 160,000 deaths. This virus has paralyzed the richest, most powerful country in the world. And we know this was preventable because at the same time and parts of the developing world countries with far fewer resource is have kept infection and death rates remarkably low. Rhonda's carried out nearly 180,000 tests. Since the start of the pandemic, Erica has applied a combination of mandatory social distancing. A strict lock down and wide scale testing. It's a strategy. We can learn a lot from these apparent success stories this week. We're taking a closer look at Southeast Asia along the Mekong River. As of this recording, five countries with a combined population of 243 million people have had fewer than 5000 cases of covert 19 and 72 deaths. The water Thailand, Laos, Vietnam, Cambodia and Myanmar doing that the rest of the world finds itself unable to do in controlling this virus. Well, I think if we knew that answer for certain there would be epidemiologists and government officials from all over the world lined up on the door, trying to figure out the secret. That's Hannah Beach. She's Southeast Asia bureau chief for The New York Times. Race wars reached her at her home in Bangkok. And she says, there isn't just one reason that these countries have been so successful. I don't think there's anyone magic bullet, but there is kind of constellation of things that countries Thailand has done, which would seem right. First of all people started wearing masks very early, even when the W H O is dissuading people from doing so. Second of all, it's not really a touchy culture when people greet each other. They do what's called a Y, which is when you put your hands together like you're like you're in a prayer like motion. Sort of all hospitals are good health care's not prohibitive. You know, one of the things that people have been looking at that that it might be some sort of Innate resistance that has been built up, particularly in Thailand, Laos, Cambodia, Myanmar and Vietnam to the current virus. One of the theories that the people in Thailand are looking at is the way in which the novel Coronavirus Cove in 19 evolved. And it started off most likely in bats on DH. Then it went from bad to some sort of intermediary mammal, and then from that mammal to humans, there is there is some speculation, looking both that kind of the genetic origins of the current virus, but also looking at something animals that were at the wet market. In Wuhan, where the outbreak seems to have proliferated that the animal that was thie kind of intermediary animal between bats and humans might have been an animal that was indigenous to this part of Southeast Asia. And that it might have been a pangolin which looks like a kind of like an artichoke cross. Listen, armadillo. If it came from this animal, there is the possibility that something a precursor even this novel, coronavirus had been sort of floating around. In the ecosystem in this region for a long time, and that could potentially explain some sort of resistance that had been built up within the local populations here. And if you look at, for instance, in in southwestern China, which is very close to this region in the number of cases of Corona virus were very, very low. Compared to a place like Wuhan. So again, you know is this is this magic bullet That explains everything We don't know. But it's certainly a factor. That is that seemed interesting. That is interesting. Will you live in the region? You cover the region as you watch these numbers and as you watch the toll in the rest of the world Are you at all suspicious? Do you think these numbers of credible all of these places whether it's Thailand, Vietnam, Laos, Cambodia, Myanmar If the numbers were so cooked if there were bodies lined up at the morgues. If there were mass graves, we would know there is social media. People talk, people whisper, and we would we would have an idea. S O. I think that's I don't think it's fair to say that the numbers are simply made up. I'm in Thailand right now has fewer than I think 3500 cases. Vietnam, which has had an uptick has fewer than 800 cases. This. Maybe it's off by a couple 100. Maybe if given off by a couple 1000 But if there were bodies at the hospital's piling up from a mysterious respiratory disease, we would know you've spent the duration of the pandemic in Thailand. Let's go back to those first weeks. In January, Thailand confirmed what was believed to be the first confirmed case outside of China. Around the same time the U. S experienced its first case is well. What happened in those earliest weeks? Well, it was interesting that this this first case Thailand has a very good kind of geological service, and in mid January, they confirmed that the Chinese tourists coming from Wuhan, China, which is where the outbreaks believed to have started Had had flown to Bangkok for holiday, which millions of Chinese do every year Bank office in fact, one of the world's most visited cities, and it's one the most visited by Chinese. And at that point, people in Thailand became nervous because there was a mysterious disease up north in China, and there were a lot of Chinese tourists arriving and one thing that didn't happen and we can kind of look back at this. And obviously it's hard to say we know we knew that this is going to be The deadly epidemic that it's become. But in the beginning flights weren't stopped two flights captain arriving from from Wuhan from China, and yes, there were efforts to try to much temperatures of people came in, but there wasn't really that much that was done. Fast forward a few weeks people of their own accord with with government advice started wearing masks and you know there's there's no no sense in Thailand that That wearing a mask is anything but good for public health. There was no there was no no sense that that was somehow infringing upon their individual liberties you've experienced since you there with the ties. Six weeks of pretty strict national locked down. Is it getting any easier now? What's day to day? Life like in Thailand? Now, can you send your kids to school? Can you eat a restaurant? Can you go into stores? You know, I talked to friends back in the states and I feel a little bit guilty because we started our lock down in March and then in Early April. Essentially all international flights stopped. Commercial flights stopped. And so we've been sort of under lock down for months. But beginning in June, the lock down started easing. So all the restaurants all the bars, all the massage parlors, all the all the kind of normal establishments, businesses have slowly been opening up. And now my life is pretty normal. Yes, I still wear a mask everywhere. My kids wear masks everywhere. But schools high schools are back in session on their social distancing. Now they have school kids have school every other week. They wear the masks. They have plastic dividers and things. But there's commerce on DH. There's there's kinda semblance of normalcy, which again makes me feel a little bit that when I speak to people in the U. S, because that's very different from From what? What Americans experiences. You know, we've gone more than almost three months without a case of of local transmission, which is remarkable their cases. Every day, but they're all in people who are coming back from ties were coming back from overseas, whether it's the United States or Europe or the Middle East since that strictest version of the lock down ended Did the economy bounced back is AH are some of the worst effects economically of the lock down starting to ease Because people are spending money again, People are making money again. That's the real tragedy of of Thailand. Thailand did a very good job of controlling the virus and making sure that it hasn't spread. But economists absolutely devastated and the reason is devastated. It's because it's a very tourism reliant economy anywhere. Between 20 and 30% of GDP comes from from tourism, and they're no tourists coming in. So you can. If you want to come on a beach holiday to Thailand, you can't do that right now. So that means that anybody who was a tour guide, our hotel operator restaurant operator. Millions of people have been put out of work. And so the Thai government's really kind of facing a difficult decision right now, which is you can open up. But then if you open up and try to save the economy, you might be also allowing the virus to come in and assistant. It's an issue that Many economies and in many countries are dealing with. But given the success the Thailand has had and being able to control the virus, you know, it makes it that much more. On fraud to even consider bringing people back in and
Fresh update on "china" discussed on John Reid
"Cake leader who drove into a group of demonstrators in Lakeside found guilty of six misdemeanor charges. The wrangling over a Corona virus relief bill continues and the debate Over reopening rages on I'm Gary has details at the top of the hour on NewsRadio, W. R Va. US will require Imported goods produced in Hong Kong to be labeled is made in China after President Donald Trump's order in July ended the city's special status. The rule is said to be published today in the Federal Register. Impact on Hong Kong may be small as it has few direct exports to the US, But the move further ratchets up trade tensions hurts is seeking a bankruptcy loan more than two months after filing for chapter Vin protection, reflecting the reality that it's still faces trouble ahead. If travel does not bounce back hurts, had.
Apple off 25-30% with no WeChat
"And because we chat play such a huge role in China the analyst says that overall apple hardware sales will fall without we chat. Moving from one Asian country to another in Japan. The days of Toshiba, making laptop computers is now sadly history the company which has been making laptops for over thirty five years sold the bulk of the company to Sharp, which renamed the business to
China Sanctions 11 US Citizens Including Marco Rubio and Ted Cruz
"Will sanction 11 Americans in response to similar US measures announced last week against Hong Kong and Chinese officials. NPR's Emily Thing, reports. The move comes amid escalating tensions between Washington and Beijing among the American sanctions. Senators Marco Rubio and Ted Cruz, who China has already sanctioned in retaliation for other American sanctions over China's detention and abuse of millions of ethnic Uighur Muslims. Human Rights Watch executive director Kenneth Roth and Michael Abramowitz, the president of Freedom House will also be sanctioned meeting any assets they have in China will be frozen and they travel to China banned. Last week. The U. S sanctioned Hong Kong chief executive carry land and 10 other Hong Kong and Beijing officials for their involvement in the national security law that has been used to prosecute a broad range of dissent in Hong Kong. Emily Thing. NPR NEWS Beijing At the close on Wall
What are the adversaries goals in election interference?
"The US Office of the Director of National Intelligence on Friday released a statement on election interference and CSC Director William Evans says that Russia China and Iran are all interested in various forms of interference. Briefly China dislikes president trump whom it regards as unpredictable and wants him so that he can't in Beijing's view, continue to damage Chinese interests Iran also dislikes the incumbent and sees the prospect of his reelection as likely to mean increased pressure on the Islamic republic and pressure that would be designed to bring about regime change in Tehran. Iran also has a more general interest in undermining US institutions. The statement says. Russia has been busy denigrating former vice president biden who Moscow sees is dangerously connected with Ukraine and with the Obama Administration's disapproval of Russia's armed slow motion re engorgement of that country he's also seen as part of an anti Russian establishment. So China and Doron Trend Blue Russia read the returns from Pyongyang aren't in yet. CYBERSECURITY and Infrastructure Security Agency director Christopher crabs commented on the OD statement praising the intelligence community for its contributions to transparency declassifying and sharing intelligence in ways. CISA thinks likely to contribute to election security director crabs said quote we have long said Russia, and other nation states are targeting our elections. We knew this to be true in two, thousand, sixteen. We know it's true today and we know they will continue to attempt to interfere while motives may vary. One thing is consistent. They are attempting to interfere in our democratic process and quote.
Amazon to Turn Malls Into Fulfillment Centers?
"Amazon wants to literally take over malls. How exposed to China is apple. At the moment. Apple is literally doing legal battle with a pair an APP to help guide you on your psychedelic trips and why would personally be in the market for a foldable E. INC notebook. Here's what you missed today in the world of Tech. Are Telling The Wall Street Journal that Simon Property the biggest owner of malls in the United States has explored turning anchor stores previously occupied by department stores into fulfillment centers for Amazon, quote, the talks have focused on converting stores formerly or currently occupied by JC Penney and sears. The People said, the department store chains have both filed for chapter eleven, bankruptcy protection, and as part of their plans have been closing dozens of stores across the country. Simon. Malls have sixty three. Three. Penny and eleven, sears stores according to its most recent public filing in May for Amazon deal with Simon, would be consistent with its efforts to add more distribution hubs near residential areas to speed up the crucial last mile delivery. But for Simon, any deal to surrender prime space to Amazon would signal a break from a longtime business model for malls reliance on a large department store to draw foot traffic to neighboring shops and restaurants. Amazon, fulfillment centers wouldn't draw much. Foot traffic to them all though some employees could eat and shop at the mall. That's why landlords have preferred to replace department stores with other retailers, gyms, theaters, or entertainment operators. Yet, many of these tenants are struggling to survive during the pandemic and aren't in expansion mode and quote. Why not turn, them into hybrid fulfillment center. Slash pick-up center. Showroom spaces. Although as at epicurious deal said on twitter quote, interesting thought, but making malls originally designed to accommodate large inbound freight flows. But outsource last mile collection to consumers will require substantial costly outbound logistics infrastructure redesign. For example, malls have the parking lot real estate, but they don't have adequate outbound loading facilities most maybe all mall architecture is designed to capture and retain consumers. Distribution centers are designed to maximize throughput velocity and minimize goods dwell time. These design objectives are in a word incompatible and quote.
China sanctions 11 US politicians, heads of organizations
"China, announcing unspecified sanctions against 11 US politicians and heads of organizations that promote democratic causes Suspected include senators Marco Rubio and Ted Cruz. You've already been singled out by Beijing. The Foreign Ministry says the 11 had performed badly on issues concerning Hong Kong, where China's crackdown on opposition voices following its imposition of a national security law. That's correspondent Charles
China sanctions 11 US politicians, heads of organizations
"China has announced unspecified sanctions against eleven American politicians and heads of organizations promoting democratic causes those affected include senators Marco Rubio and Ted Cruz who's already been singled out by Beijing the foreign ministry says the eleven how to perform badly on issues concerning Hong Kong where China has cracked down on opposition voices following its imposition of a national security little the number of Americans named by the ministry exactly equals the number of Hong Kong and Chinese officials placed on the sanctions list by the US last week over the crackdown I'm Charles the last month
Hong Kong newspaper raided, tycoon detained under new law
"Ah, serious note. If you ever question about you know whether or not the Chinese government was going to crack down in Hong Kong. No. This is trickling out now on almost a weekly basis where we're seeing the grip of communist China, overtaking Hong Kong, and it's it's troubling and sad. A media tycoon there in Hong Kong who runs a newspaper the offices, the newsroom all rated They took documents. They arrested him. There's a picture of him. The Associated Press has out there of him being hauled away in handcuffs. It showed China's determination to enforce the new law and curb descent. In the semi autonomous city isn't really semi autonomous. Not anymore. I mean, once they passed that long, a few months ago that gave them more purview over over people in Hong Kong that that was it. I mean, shave their tracking down China's just taken over Hong Kong. It's very trouble. It is
Twitter Lines up to Buy Tiktok as the Company Prepares to Sue the U.S. Government
"The tick Tock Saga continued to over the weekend with other suitors showing up according to media reports, twitter, itself got the full reporting treatment over the last few days. There are whispers of other American tech and media companies having some possible interest. Last week, apple was reported as interested in tiktok looming that the company formerly dismissed. It's a mess out there what matters is that a big piece of the world's most valuable startup may not wind up in the hands of the world's second list, viable Public Tech Company, Mike salk would still end up buying tick Dr Certainly, there are more hands out for this company expected. Oh, in tiktok might sue the trump administration over its attempts to ban, enforce it sale that losses could come as early. Early. As this week in short, you were bored about hearing about TIKTOK before the current political drama get ready to be incredibly bored by Tiktok by the end of this month. All the same. We are talking about the future of the Internet china-based tech companies outside the country's borders and the ability for governments to limit the reach of tech firms more broadly in short if you care about startups in venture capital. Capital. This stuff matters.
Bytes and Pieces: Americas Chinese-Tech Attack
"As the heads of Amazon Alphabet facebook and apple were being berated in Congress, last month how many competitors did facebook ended up copying we called it Amazon heroin. Why does bny steel content from honest businesses tiktok the goofy funny video sharing app was having an altogether better time of it. Golden. Do. Not, so much anymore we're looking at Tiktok we may be banning TIKTOK. Thursday the trump. Issued a deadline of September twentieth for ending all American transactions bite dense to talks parent company as well as with. China's second most valuable, Tech Company ten cent with Para companies based in China apps like Tiktok we chat and others are significant threats to personal data of American citizens not to mention tools for CCP content censorship. China's government called the executive orders a nakedly hegemonic? act. By dense is looking for a fire sale buyer for some of its international Tiktok operations and it seems Microsoft is checking pockets. But the administration's zeal is likely to harm America's interests as well as the Chinese tech champions. We knew a band was in the offing at is still everyone by surprise Thompson booth is the economists technology and business editor I. Think most people were expecting president trump to wait until a a TIKTOK deal had gone through to reach a resolution on whether there would be a ban on not and it's also quite surprised that he's gone after we chat and tencent. And the reaction from the two companies has been quite strong. Bite dance has said that it's GonNa fight the executive orders in court. Well, as you say, there had been some expectations around Tiktok by dense. Why? Why was ten cents included in the end? Well there isn't a certain unfortunate logic to this. If you're going to say that you're concerned about Tiktok on national security and espionage grounds, you sort of have to be consistent and we chat has about nine hundred, million daily users in the US and the executive order basically bans people from making transactions on we chat which it's a sort of super APP. That is really widely used in in China and Chinese diaspora what is the trump administration's rationale for these orders? Do you think so the stated reason from the administration is the Chinese government is spying on Americans and hear the evidence is Circumstantial. So the worry is that Chinese spy agencies have stolen massive consumer data sets from various companies over the past ten years. So from Mariot Equifax anthem health insurance TIKTOK has been downloaded two billion times. It's the mother of data sets. There is no hard evidence that bite dance would ever cooperate in such an endeavor but the idea is that if you've got engineers with access to Tiktok by Don, service than the government could lean on them to get the information out. So that's the stated reason from the trump administration. Think that's enough for the American government to threaten to ban the APP. I gather from investors case to buy dance at the real reason is a level playing field issue as much as the spying concern. So one gathered that in particular. Mark, Zuckerberg of facebook has been outlining pointing out to trump that take talk is wildly successful in the US and yet facebook google than allowed into China. It's sort of the idea of why should tech top able to come to compete with us when we can't do so in the other direction? And as things stand now, Microsoft is the evidence suitor for for Tiktok operations at least in a in a few countries what's in it for them? I think for Microsoft is really stunning opportunity on their part. So bite dance reckons that the TIKTOK US asset is worth in the realm of two hundred billion dollars oversee the pudding, very generous estimate on that. So the price being talked about now that Microsoft might pay and that it's on the block for more life fifteen, forty billion. So it's just a real steel in terms of the price. I'm talking to the hottest social media property out there right now it's uses incredibly highly engaged and Microsoft you out of stroke gets into territory of the social, the digital media giants, and it gets a massive data set on teenagers daters the new oil. Attack, there is lots of sketches in the Microsoft just is kind of getting out of its core competence that it won't really know how to get and keep the teenagers. The other risk for Microsoft is just kind getting dragged into the Mile Strom of content moderation and hate speech and all this kind of stuff that attracts more political scrutiny and then regulatory scrutiny having said that Microsoft is regarded as a really high quality acquirer of businesses it generally tends to do it quite well. Microsoft. CEO Sachin Adela notably is currently probably regarded as the best big taxi. Oh so now we've got this deadline of September twentieth what happens between now and then Firstly, Microsoft going to carry on negotiating to try and buy Tiktok we're seeing more suitors for Tiktok on the scene over the weekend the reports that twitter is definitely interested I know that Netflix's on the coolest the venture capital backers of Bite Don's possibly even Disney I do think the likeliest thing is still the Microsoft probably strikes a deal just because it's got the deepest pockets will also be really interesting to see whether Microsoft manages to get more markets at. The moment, it's only going for the US, Canada, New Zealand and Australia. It's not buying the UK having the actual executive order from trump will create more uncertainty around Tiktok and there's no doubt that it is already harming the asset. It's no joke said, the clock really is taking on that deal and what about ten cents? It's unclear. What ten cents is going to do it's unlikely to try and sell international we chat as by dance is doing with Tiktok. It's possible that it could come up with some kind of structure to address. US concerns. It's a complete unknown how tencent now is going to react but I guess the question is, is the right way for America to get its concerns addressed with a problem with. It so far as that feels completely sort of ad hoc on his whim. Really undermines investor confidence in the US is the place of the rule of law. And there are alternatives and I think there's three main steps that we would advocate versus to strengthen the vetting procedure that's already in place. So the Committee on foreign investment in the US surface that probes should stop properly and quickly. So in the case of Tiktok and musically the US APP that bike dance bought therefore triggering this whole situation, they took two years to start looking at it and then did it in a rush which guarantees Robert chaotic ad, hoc situation. And overwhelmingly, the US needs to tighten up its own data privacy regime. So the reason that tiktok is such. A worry in terms of spying theoretically is that US firms, your facebook's Google's and so on her normalized that the slurping just masses of personal data from Americans. So what's required is a strong federal data privacy law. The third element is displayed to you can do in. Terms of requiring transparency into the Algorithms being used auditing code that's coming in from overseas for now, the question for those two billion or so people who've downloaded tiktok whether their favourite platforms going to survive or whether the current chaotic procedure that has affected, the company will mean it. It's rivals take it over and teens leave. Thanks very much for your time Tamsin it's been a pleasure.
Hong Kong media tycoon Jimmy Lai arrested under security law
"Hong Kong police have arrested media tycoon Jimmy Lai and raided the publisher's head quarters in the highest profile use yet of a new national security law Beijing imposed on the city in June life was taken out of his mansion in Kowloon by police and later brought to his media company next digital led police raid was ongoing according to a live stream video by stock live remained in the office he's read the two hours before police took him away the seventy one year old is not spoken pro democracy figure in Hong Kong who regularly criticizes China's authoritarian rule and Hong Kong's government the move comes days off to the American government announced sanctions on Hong Kong and mainland Chinese officials I'm Charles the last month
The ECBs Former Vice-President Explains The Historic Step That Europe Just Took
"True CEOS thinking we don't really talk that much about Europe these days. I mean, I guess not in relation to the the heady days of the eurozone debt crisis. Now we don't, but also I feel like this particular crisis at least some of our episodes, you know, obviously, we talk a lot in the bed context the US context, of course, know talked about Hong Kong and Asia and Asia supply chains in China and so forth stills like we've focused a little bit less on how this current crisis is playing out in the Europe. Yeah I think that's right I. Guess the implication is that maybe this has been unfair in some respects because there has actually been something very interesting going on in Europe at the moment. Yeah. I mean, for one thing you know there's a good argument to be made Europe at least relative to the US, if not necessarily Asian countries has done a pretty decent job overall of suppressing the virus self and you know for years during the euro area crisis, they're always people fiscal policy. Fiscal Policy Missing. You gotta spend more gotTa get the Germans to spend more and you know maybe this time it looks like they're actually doing. Yeah that's exactly what I was thinking. So we have the announcement of a big deal seven, hundred, fifty, billion euros worth by the EU to fund on long term recovery. Fund for the Eurozone and that's a big deal because as you point out, everyone's been talking about fiscal stimulus but it looks like the euro-zone is finally going ahead and doing it. Right and so this of course raises questions and it's a theme that we've definitely had a lot on on our podcast, which is, is this offer something bigger for the post-crisis period? So sports, it's well known that know there's a lot of money being spent by governments all around the world including the US. But the question mark is okay when the crisis phase is over the government's just retrench or does this become a sort of new macroeconomic stabilization model? That's a theme that we've had dozens of times but it's particularly important to New York, in context I think because people have sort of identified the lack of fiscal burden sharing his sort of a basic architectural tension or flaw within. Euros. Yeah I think that's exactly right. How does the I don't want to say the intrusion of fiscal stimulus but how does the arrival of fiscal stimulus on the scene actually reshape the way that monetary policy works and I? Guess we should also mention that the is also in the midst of a of another really important project which is rethinking. How it targets inflation. So we have all of this going on simultaneously real existential questions for the role of the European Central Bank. Absolutely well, I'm very excited. We have a fantastic guest to talk about all of this we are going to be talking with Vito comes don. So he is the former vice president of the European Central Bank from two thousand, Ten may twenty eighteen. He's now a professor at Navarra University in Madrid out the perfect guest to discuss all this. So without further ado, let's bring him in a veto. Thank you very much for joining us. So are you happy to not being a policymaker in this time or you? Do Miss being at the ECB during such an extraordinary moment. Well, it's always difficult to get out of you know executive responsibilities and I. Of course, I would not say that I, am Epi at the out or unfortunate circumstances of the covy. The shock we are again in a very important periods of policy making but. Me Europe as been doing well I think in these episodes. Better than in the previous episode of two, thousand. Ten to two thousand twelve. Just to start out with walking the significance of the deal that was agreed, this seven, hundred, hundred, billion euros you tweeted about it clearly, you think it's important. What's the significance. Well it establishes for president that are very meaningful. In, the first place it involves a decision to issue common European depth. The Commission will issue seven hundred and fifty billion of debt to fund these program, and that's the first. The second the point is that these is going to be distributed in the form of budget transfers and not loans to the country's. Third IT'S A big program to implement Wat- is a European fiscal policy stimulus to address a recessionary phase. India to be an economy, and that's also the first time that these happens at this level and fourth the distribution of the ballot transfers which. Correspond to a little more than half of the seven hundred and fifty billion is done in a way that it is not proportional to the size of each country. By two indeed benefits more the countries that's have lower level of leaving and higher unemployment. So there is a convergence play. There is solidarity aspect of these edits also quite new in terms of transfers to give you two examples on a proportional basis, Italy would be entitled to fifty billion, but the they are getting eighty billion. Right as Germany, you'll be entitled to ninety six billion in proportional terms, but is getting only twenty seven. So these four points put together constitute the indeed very important precedents and babs, and do we all hope so that it will be a sign of things to happen. If again, there will be a stressful situation in the European economy, and that's a very important element for everyone the notion that when there is a very stressful social economic situation Europe, steps up and two x decisions to fight the recession and does not leave behind any of the member countries. It's a big message for the future and I think markets are really beginning to injury injuries what these means And we see that already but it will take time of course, perhaps for the markets by Geico anglo-saxon markets to overcome. Lingering, doubts about the European project.
Hong Kong media tycoon Jimmy Lai arrested under security law
"Tycoon and prominent pro democracy activists. Jimmy lie under the New China National Security law. The government says the charges include colluding with foreign forces, US has passed an
Azar leads highest-level US delegation to Taiwan in decades
"And Human Services Secretary Alex A czar. He's in Taiwan all kinds off global implications to that visit. Ed Baxter has the global news. Gather. Sure you're absolutely right. Tom, the highest level visit by an American Cabinet officials since the break and formal relations in 1979 how Bloomberg Stephen Angle says it plays into the current U. S. China problems big time This one is not on the military side is more on the health side, but still a high level Cabinet member of the Health and Human Services Secretary Alex Cesar, visiting Taipei, the highest ranking U. S official in decades. Surely to rankle Beijing he's due to meet with the president's science Bang. Along with other health officials. The
Roads Become Rivers: Nearly 4 Million Chinese Evacuated Or Displaced From Flooding
"To China now, where vast swath of the country are being hammered by flooding it is some of the worst China has seen in more than two decades. NPR's Emily Fang looks into why this year's flooding is worse than usual. It's an highly lost his job in uniform factory a few hours away because of the coronavirus pandemic. So he came home to an we province his troubles did not end bear in. July weeks of torrential rain. Let the small river near his house to swell an overflow. When Nike woke up in a panic. Radio, the water was suddenly up to my chest. I couldn't lift my motor out of could barely walk because the ground therm too slippery mud. So Dong put his bedridden eighty one year old mother and a large plastic wash. And pushed her into a rescue. A week after the flood, he gives me a tour of his earth in home just outside the city of hoofing it's unfit to live in. The Water down our electricity's lines, walls are now falling down. Dengue is among the estimated three point seven million people displaced or evacuated across China due to flooding. He now lives in a classroom in a local public school while waiting for new housing. The country's water resources ministry says the worst point in mid July four, hundred, thirty, three rivers rose to dangerous levels. Some broke through dams or overflowed their banks flooding nearby villages like hoopoe in an we province. Up. The road in front of our house became a river. We were stuck at our house for days with only some bread water and instant noodles like almost all the others tongue and funds home cocoa village is now surrounded by submerged field in damp furniture a layer of scummy water covering her lost harvest. She points to the dark swath of mildew that now grows on her wall and nearly extends to the ceiling. That's how high the water rose on three separate occasions in July. Tongue in her sixties says this part of on we has seasonal flooding every year, but it was only in the last decade that the water would rise above her angles. Show. Because they're. Back, whenever it rains too much they released the water from the dams. But. The water floods are village and we suffer in one thousand, nine, hundred, Eighty, eight began building the first of nine dams diversionary barriers near hookup deregulate seasonal flooding by collecting runoff into reservoirs today the dams provide hydropower and drinking water to nearby cities as well. But during extreme rains, authorities are forced to suddenly release the water. So there's a decision of basically not how much the rivers will flood but where will the Rivers Flood Ryan Studies China's river management at. The Stinson Center a think tank he explains Engineers Must Make Utilitarian Calculus about where to release water other countries including the US also face greater flood risks because it's mostly because again, we are living in places where the rivers had become engineered to allow us to live there but the engineering is not able to cope with nature and so nature's getting the best of US those living downstream in an we mostly in sparse rural communities. No this hard truth which the. A resident of Hokkaido village explains. What's on? Water us even more people will be drilled. Due to climate change when accident of nature heavier rainfall means precarious existence for the four hundred, fifty, million Chinese residents who live along the mighty Yangtze River or its many tributaries. Farmer my Yosi recounts the sudden flooding July. The envelopes his home in the village as he takes his water buffaloes out for us when. We only know when Damn Surrey's water when the water enters our homes, there's no heads up. Barely rescued his sheep he points to his heard of water buffalo. Luckily, they float naturally process. He then gives a sharp talk. Paulina's heard out of the water. It's time to go back inside. because. It's raining again. Emily Fang Pure News, her fe and we province.
"china" Discussed on The Iron Fist and the Velvet Glove
"Confiscating private assets. Because they're in the firing long the not GonNa do it very often trevor. Because they don't need to. It's like everybody knows the way things work so they know if they push too hard in the wrong direction. They're going to be in trouble so it's just that threat hanging over them all the time they don't need to say basically signing any authoritarian state is Communist. No not because any authoritarian side could steal private property therefore is Communist. But what my points you are saying that no my point is that they still ultimately make the Chinese state ultimately still owns the means of production now just rented it strong in energy production and heavy industries but private enterprise is everything else they call it. President saying you'll roll timidly. It's all of. It would just signed any authoritarian states. Any dictatorship is communist. No not because you're saying at any point it can tight the means of production off private individuals because that's what you're saying is what makes China Communist not. I'm saying it started communist and it still communist because they've just basically Maciej D- The way that they own and control everything in other words they don't do it directly like in the old Marxist Leninist Leninist model but they still ultimately still own it. Because I think you're going to make any headway. Awesome for the Alibaba I know. Communism is about the the whole country owning the means of production. Now to it. There's another part but something happened with Alibaba. A couple of years ago didn't it? I'm sure there was something I read something and I don't remember the details. Come back to but that guy mark who owns the company and he was on the losing end of something that happened in the last zero to fear head now is he. But the taught to the communism definition is a theory will system of social organization. Which all property is. I'm by the community. And the second pot to the definition is and each person contributes and receives according to their ability in their needs. Now I think everyone in China contributes according to their ability and if that never happened an endless honestly Paul if you took marks in a time machine and plop them in China and said off man reckons this is communism. Don't tell me tell me. Wouldn't it laughing? Tell me he'd be very surprised. But let's face it. Marks died in the nineteenth century surprised. Tell me how this quick seats I probably in an employment. Ninety percent of new jobs affected so million privatises God this he would sign. It's on the you know what he'd sigh. He say. This is actually on the road to communism because Max Socialists. Recognize to come them night. Marks recognize the peasant economies could not move directly to communism. Hase theory was that the head to become industrialised and private enterprise and some sort of his phase of the capital the head to become industrialized through a phase of capitalism and then having achieved and it started industrialization like a thin guy back to move to a situation of socialism and communism might hang on. I've got it here. In Marxist theory. Socialism is a transitional social state between the overthrow of capitalism and the realization of communism capital style. And you want to move towards communism. You've gotta go through a transitional FIS. Could you go to? The he was looking at peasant societies and said the peasants society had to move to a industrial capitalist society and then back to socialism and then communism so there was a step from peasantry that had to go to any dust royal society. It in his mind you could not guy from peasant to communism you had to Guy Vala industrial so just Chinese economy is successful. Tells me that it's a hallmark of communist as people stop Max would look at it and they would guy now wrong told you don guy from peasant to communism modern China. It's on track. This is what you have to do. And then you'll be able to head towards companies and you wouldn't look at it now you've achieved. Marx would get a shock if he visited any socal knocks. Nkohse cutting once you've taken over the world and your world domination then you can implement S- though would look at today's capitalist Saudi and and the liberal experiment and the ruination the toughening in America and elsewhere with ruination. Yes with drugs like simple drugs. Like what do you use for Diabetes Insulin Unaffordable in America? This sort of thing marks understood. Have Powell worked? And how capitalist would screw people. He understood it before anybody near. You might criticises you. Type in view of eventual Communist. Saudi would be but he understood hap. How worked and how America in a sense. He would look at America today and Guy Fucking told you side and what about Australia if you visited Australia? What would you say what to say? Look at the Liberals have done to you and say he would say well done come you on the ride to Communism because you've now industrialized you can actually. That's what inside. They do this and we might have to to add to already for the future. Let's look for you. I wanted this you put the standing nights and wouldn't've crystal bowl. There's definitely son in San for what for who for what for I try about. Inc become a vassal state attributes diet. Yeah I mean they. They are rising superpower economically. They're going to be big in the United States and in some regards they already are. I think future wars will be fought economically not with military. So it why matter how big the. Us's ANI's or you know how small the Chinese army's they'll they'll find other means of dominating they power in Western civilizations fan of democracy free speech human rights or justice and all of those things in audit sites actually stands full knitwear. Think please send much work for all of its faults for all of its flights looked at the Jerry the At moderate size again democracy free speech human rights and justice. Put it in justice and twist it. Just I'm not saying any of those things per human-rights. I'm not saying seriously think that all those things are better in China than in the United States. But we've gone two hours what it stands for. Why did you pick the US of picked any now? We're talking about Roy. Destroy me for those things to logic in just actually. We're talking about the battle between American over the the world superpower relied necessarily good and evil. But it's a different ideological viewpoint and I don't think there's any question that the American society and culture is for democracy a lot more than China I and there's no real argument there the much for free much bearing in line. I Race Jerry Moines. What we've said that Chinese culture in its recognition of unequal hierarchical relationships and the desire Fula harmonious prosperous economies civilization above personal yet. But that's culture. I know we shared culture. We wouldn't have a shared Culture With The when You oiled superpower which is not a good position to be but when you're sighing signing it from the point of view of which system because you're right you couldn't impose that system on us. We wouldn't accept it nice. I'm why the system imposed on mine because of at different not selling. I'm not saying that were culturally. We're closer to the US. I join us. Yes we'd find it more uncomfortable to be dominated by China. I mean I think the only thing really that concession here that do you ever go. I'm not sure well done what my would make. Aura diplomats justice. Do you think you have more faith in the American justice system than you do in the the by phone just giles. But we're talking levels here mainly we've got somewhat one's good and one's bag we're trying to choose the lesser of two evils here. Where would you rather stand trial in America or in China enjoy black in Alabama on a right trial talking about rights? We're just talking about. You're in trouble with the Government Maya weak- in China good point am I black Alabama M. I A wealthy tech guy in San Francisco or a princeling in China. Did Eagles get a trial? Point is depends who you are did. The WIG is a trial not do not understand the injustices that occur in America. We know if the in American so what I'm saying. Is there justices in both? It depends on your position society in each case. So I would rather be a princeling in China or then I black men in Alabama and a rape trial. So it's really strange comparison. We'll spring fling us to bet very much but Harley privileged member of the Chinese young and aisling entity the if you're an average American or an average China is a better comparison. Run without and you got to turn the trouble with the government. Where would you rather lie in trouble? Item? Where would you rather take on the government in a in a local one of mine China or in America? What am I in trouble? Light of some dispute over land title or maybe the government wanted to defend your. I would your land and they told you get lost. I'd rather be in America absolute right now if I was compromised immune system and I lived in. I busy metropolis city. I was fearful that if I got corona virus our die would I rather be in China will would. I'd rather be in New York as I pull black as a poor person in New York here. Wicker cleaning the subway or I pull person in Luhan as Clinton subway. Which one would. I rather be hyping to live longer. I'd rather be in Hong possibly simplisafe. America's medical system is so stuff so we don't know I mean we're GonNa talk back in nineteen next week. I hope but I mean we. We don't have any confidence of the numbers coming in that we have bad knees. Yawn are actually cry. Any country contacted me. And he's GonNa hopefully come on talk about your your flu theories. Let's not do that near but I'm just making the point. It depends on your situation saying in at times site. Look obviously. There are enormous problems in three speech. That doesn't exist in say free speech between America. Absolutely so and it is important. Isn't it free speech? You agree with that proposition but they're also pull people in America wyking seven dollars fifteen hour on the two jobs.
"china" Discussed on The Iron Fist and the Velvet Glove
"Countries of part of the culture of the plies it's fair comment could say that's completely changed in the last twenty years or whatever. Bet You have more time fighting each other than fighting but you have to cy that external nice. I haven't been particularly interested in external matters historically pitch other well. Paul in terms of the basic shape of China as we know it to die is obviously at the edges. There's been movement to and fro but is kind of where it's banned for. A couple of millennials will not really like I call it a lot in Hun Hun Chinese civilization the Chinese proper. If you like was the north China plein and to some extent you know the Young River which flows into the sea around Shanghai or something so there were these two major areas of Han Chinese of the current populated areas and then they little by little move south and moved west into areas in the mountainous western South southwest and part of China and the northwest. In fact Manchuria was occupied by the Manchus or the MANCHUS. They call them which were a different ethnicity. Believe it or not and with a different language even but the Han-chinese who spoke basically Mandarin Chinese as we call it they. They spread out over a period of hundreds or thousands of us. They gradually spread out and conquered and incorporated all these outlying regions which rocky powered by ethnically different people as we know fifty-six ethnicities in China. They weren't always part of China. I can't the older generation and rural Chinese to value traditional culture in try to preserve and uphold it on the other hand. Chinese youths in city-dwellers tend to be more accepting an enthusiastic about progressive ideals. Nevertheless the country maintains a fundamental understanding of what it means to be Chinese and one of these things ease Confucianism so confucianism promotes. The idea is really important. Understand China I think so at the idea that relationships between people are unequal and that everyone should have defined hierarchical rawls for example for example ruler and subject husband. Wife Father and son. It teaches that when this natural inequality is accepted and respected It becomes easier to maintain ammonia stable relations between individuals and therefore in society as a whole the confusion. Logic of obedience responsibility and a hearings affects many aspects of China's behavior and attitudes about virtue and the sense of duty and societal. Cohesiveness is encapsulated in the principle of. Lee. I shall come. Easily extends all the way up to the emperor by the way cyrus than fighting for equality. There is an acceptance of unequal rawls and respect of what your role is and to perform that role in terms of the pack. Really the cycle in the interest of social cohesiveness. Now that's completely. That's very different to bomb. Lowest Western culture particularly American individual freedom is paramount. Sort of you know we are currently living in a patriarchal hell according on Ford or someone like what you're saying. So so so yes dealers nothing ebay about China they're nine that sort of confucianism sort of thing. Running through their thought process. There was also the idea of the mandate of heaven. Going to talk about I eastern mandate of Heaven was the idea that the gods whatever supernatural powers. They were What what's going on? And if the emperor or somebody in a position of authority falls out of favor with the with heaven or with the Gods something bad happens and there there were signs like if there's a flower door a natural disaster or war the people could interpret that as a sign that the emperor or whoever's in charge has lost the mandate of heaven. Okay all right okay. Also the Social Organization of China is characterized by people's interdependence individuals toward the keep to themselves and respect the law and authority to maintain societal hominy. The Chinese consider national unity and cooperation to be essential for society to function harmoniously. This is reflected in the most fundamental foundations of the culture for example all regions in China. Follow the same time zone. Despite the physical landmass spanning five geographical timezones this provides for national sense of belonging and equality also behind you communication in China influenced by the concept of ice individuals usually act deliberately and with restraint to protect their self worth and PIA perception. Conservative conduct is enormous. People don't want to stand out indoor risk losing face by doing something that is considered inappropriate Hawaii that in Japan as well sort of Nice curry much notice forgiving. Well not a bad forgiving. It's about what is six is about avoiding doing things that will pull someone to lose face. Bring yourself or your family into disrepute. Yes so we're now. Prime Minister says what the fuck on in China. Let's send in weapons inspector like people to soon beat up a little bit. He said no he said. We need to be out in people in without the consent of the country involved. I read the quote so but no mention of it didn't size off the but that's but essentially he said we need to be able to send people into China whether they lock it on not to check out what's going in the wet markets if something happens so when we talk about Chinese reaction to that understand like if you look I take your point. I don't think he said it repeatedly though did you only go site once he said. How's he lost Feis Now? The Chinese do when somebody says where we company allied with a history of foreign intervention with. I've had foreigners running around doing what I like for one hundred years of embarrassment eve. You obviously do not understand. Shine very sensitive. Know exactly exactly. That's the point so thank but he didn't WanNa come across his a pipe targa eighth. He had to be forceful. He had to assert his authority. The point is he was never going to get that. China was never going to concede that side. I bother asking instead to cy face for the Chinese. You would say look. What can we do together to cooperate so that in future when something happens what do you? China offer us like you. Just say wearing sponsor have been no bugger off. It might have been signed result really but now different result because under the first option. I China says fuck you now. We're GONNA look at Jebali and you'd beef and whatever else we might think about because you've caused us to lose face so under both. You're never going to get from them. The forced entry into the country. Why pissed them off is things are gonna get very poorly comment. Was it was stupid. Okay another concept is g U. I in X. on exotic kwan-jin. She wanted me like the principle of Guan gene commits friends family and at business colleagues to assist one. Another via lighting gone G. can lead to a loss of Faisal a jeep drawl and business. Inter interactions in relations refers to networking and the signing is inside as a different from outsiders. Side this whole idea of networking together do with somebody. Because you're part of your network more than because of a price or some other deal like sort of interconnected networking side. That's part of it. And here's the interesting. One is on politeness courtesy so perceptions of politeness and courtesy in China differ from those in Australia. Traditional Chinese could see rhys on the lifelong hierarchical relationships reflected in Confucian ideology those relationships already clear meaning the Chinese do not feel the need for constant verbal reinforcement through courtesy. Words like please thank you and excuse me. I can't say the relationship that we talk about of husband Wife master-servant the other ones we said which are unequal. They're they're now on. You don't need to use courtesy. Words like please thank you and excuse me because people know their place in the hierarchy and signing nice sorts of words creates a formality and distance. That should not exist in a culture archival annoyed when Scott Morrison topics to G Jing Ping He would not use words like please thank or excuse me indeed not one of his insiders but he would consider on the same level. Yeah used that. Can we please come into your country? And they're having having a lunch together and I'll get you an example with Scott Morrison and she's using having lunch together Ron. Those sorts of courtesy words actually created distance between people so they act as a buffer or spice indicating formality distance site from a Western perspective. The contrast Same confusing example when at a restaurant amongst friends. China's personal usually Porty for everyone present at the table before pouring there. I'm right yet. They might not say excuse me when asking for someone to pass them food or thank you. If someone's poured them a in indeed side visited rude because you've created distance leave inserted and unnecessary formality that is credited on. Cbs interesting isn't it? So I'm saying that why it could be perceived as rude from point of view but not from this Siam respect and courtesy are exhibited in different wise reviewed it to religion Confucianism to some extent religion and ethical system. Really WanNa talk about the fool on Falungong. Did you. Not because I wasn't getting with a a minor cult there was the real religion of the Chinese says to worship. Yes weight watchers. The Bali decision was luckily my some poetic license. I did that last week. We check. We've come on the facts even in the way of Trevor Joining Point. That's right we come. Just you went to some. But we'll move on where it was always fascinated by the Falun. Gong will go on talk about well. I get some not so the Falun. Gong is a new religious movement and boy knew it officially started in nineteen. Ninety-two me that combines. Meditation and Quing Gong exercises with a moral philosophy centered on the tenants of truthfulness compassion and forbearance the Chinese Communist Party views Falun Gong as a potential threat due twits saws independence from the state and spiritual teachings in nineteen ninety nine the CCP initiated a nationwide campaign with the intention of a radic. Hiding the practice. He's the good beat. The Felon Gong. Protease grew until April. Nineteen hundred ninety nine when I've Ten Thousand Falun Gong practitioners gathered near the Central Government compound in Beijing to request legal recognition and freedom from state interference said the biggest religion wanted separation of it and the state which is the complete opposite of religion or Christianity at least in Western countries they want to bring the state and religion as close together as possible So yeah so even to die the Chinese Communist Party trying to shut down these Falun Gong practitioners and been arrested. At least two thousand have odd. As a result of abusing custody and there is a say it is a threat to their to their rule and there are reports that the thousands of them were imprisoned And a lot of them and try to use August conducting Hogan Hop Stan. I don't think that would donate at some a lot event. The united with that they can send a lot of the Chinese assault solemn seekers I climbing asylum because of that really satisfying oops. I'm here if I go back. I'll be pissed kid. That's of the key reasons for seeking song Australia. It does sound like a bit of a cookie cult. I have to say what's the difference. China Helton No. There is no different but they. I don't know a lot about it. I have to admit but what little I have read. After I'd read it I thought Probably not a group. I joined it pretty big. Yes yes but the I mean. Officially there is freedom of religion in China but in reality the Chinese Communist Party just wants to control every unless it threatens. Let's say yes they do you know. They're they're reported to be more Christians in China than there are by far in Australia. They'd be more Christians in China. I think there's tens of millions of Christians in China but only a small percentage of the population. That's true but I've always wondered why Christianity would be popular to people with such a long and very deep cultural. Tradition of their own doesn't that I wanted to what Christian would appeal to anyone. Well I agree but it would be Christianity with a very Chinese flavor. I would imagine I did say network it in with existing Janis mix a little confucianism exactly. Probably Christianity is adapted of course as we know by whatever culture day the brain that they would be selling in China would be quite different to the brain. The selling America like she'll it would have been adapted and yeah so speaking of the Falungong practitioners seeking asylum. One of the things I learned during my research after Tiananmen Square Bob Hawke granted asylum to Chinese students Immediately after but apparently ninety percent of them were actually supporters of the Chinese Communist. Party's well that's where we get to now is what is the support of of the Communist Party D. NS Bre. Yeah well now within China we want to talk about fens very interesting article by Guy Martin jocks. He's an economist. And author of a book called China rules the world in Iraq an article for the PBC and he paid in this article about how at the time he was writing it. America was about to vote in lake. Donald Trump meanwhile the I taint congress of the Chinese Communist Party would simply be selecting a new president and prime minister and sighing contrast couldn't be greater so Americans in the tens of millions Tinian to vote in China. The price of selection will take place behind closed doors and involve only a relative handful of people. And you're probably thinking Aha America at its best John or its worst. Absence of democracy. China's Achilles heel is in governance. This will be charged as they unfold in. This guy says on argue quite the contrary so he says that democracy does not itself guarantee legitimacy. Thank of Italy. It's always fighting the enduring problem. Talion governance is that it state lacks legitimacy half the population really believe in it. So he says that the Chinese state enjoys greater legitimacy than any western state. How come among the people you made. Indeed in the coast of in the case of China the source of the legitimacy lies outside history or experience of Western Societies. So he talks about kids back to this. Confucianism issue are pointing at you watch. I just glanced at sorry get warmed up. What divides into two hundred six quickly. Doesn't it now? This is an important part. Because you're always talking about flooding Chinese and their lack of democracy anti-totalitarian state in this. This import getting to the crux. I it's podcast.
"china" Discussed on Coronavirus: Fact vs Fiction
"Theaters gyms and casinos across New York. New Jersey and Connecticut will close. Life has drastically changed here in the United States from what we all considered normal just a week ago. Schools have been closed many restaurants bars and movie theaters to is authorities. Try to contain the spread corona virus while this may all feel strange and unsettling over in China conditions seemed to be improving in some provinces. People who were previously in lockdown are slowly beginning to go back to work. I'm Dr Sanjay Gupta. Cnn's chief medical correspondent this is corona virus fact versus fiction. We planned for a few days in John but twenty nine hours in the phone rang. The city was going on lockdown. And we needed to get out. Cnn's David Culver was in China as the corona virus. Outbreak began late last year. He narrowly escaped on just before. The city was put into lockdown on January twenty third. In the moment we really could not imagine how big this would get. Millions under lockdown restrictions rapidly rising death tolls tens of thousands infected and we were at the epicenter has subsequently reported from Beijing and Shanghai and how people adapt it to the restrictions put in place and how for some people. Life is slowly beginning to get back to normal. I spoke to him and asked. What can we learn from? China ever reflected on that a lot because I I hear the anxiety in messages from my own family Back in the states and my heart breaks for for those who are just starting to go through this. We've been going through this now for a plus weeks And and I think the biggest lesson is this cautious optimism. This too shall pass and I only can say that based on what we've seen here in recent days and really over the past couple of weeks and that is kind of a resumption of normality And it's slow And it's still isn't one hundred percent yet it does start to resume well. That is obviously very hopeful. Because you're right David. There's a lot of anxiety as things stand right now here in the United States and I think in many places around the world. What has it been like for you. You're in quarantine for for quite some time after you left. Wuhan because of the potential exposure to the virus for me going into that quarantine. I think I was a bit naive to be honest. Part of me said I'll be out of here in a few days. I'm not going to be here for two weeks straight and so as Cliche as it sounds. I was just living a day at a time and I was also in the midst of a work schedule. A very busy one. You know we were doing live reports sometimes twenty hours today so I had the advantage of of still being able to go live and broadcast from our hotel room. Were there any memorable moments? That really stood out. The three of us are photographer and producer. Got To know a lot about each other. In the time that we weren't on air it was Lunar New Year holiday for my producer. Young Sean. That's a really important day for him. He likened it to Christmas in the United States for Christians and he wanted to just have a nice dinner so we ordered up room service and we had a glass of wine and a nice meal and he wanted to watch TV in the broadcast. And so you know He. He wanted to teach us a little about culture and and we let them have that moment. Everyone that talks about this. They will say look what happened in. China cannot happen here in the United States. I think you're one of the few people who can really address. This question. Could what happened in. China happened in the United States and doesn't need to happen to some degree. I would say it could not happen and by that I mean what what you have here in. China are the extremes of ceiling people inside their homes. You have no choice but to abide by that. It's carried out by local community leaders The other part of this is big data so they trace and track all of us. Those of us who are here we have. Qr codes that are attached to US individually those qr codes designate. Where we've been and whether or not we have been potentially exposed to the virus so they know if we've gone to a mall they know if we've gone to a hotel or restaurant and they can trace us in that manner. I don't think that can happen in the US now here. In China it is widely seen as the local authorities. Who dropped the ball on this? That there were key was cover up and under reporting at the local level within who bay province within the city of. Wuhan and it was the central government stepped in and treated this like a military operation in the US. It seems to be the opposite. That is that local authorities would be the ones to start making these enforcements. It's a really important insight. I think you're right. I mean we've seen local community sort of leading the way here in the United States and the federal government seeming to play a little catch up one of the things that has happened over the last few days here in the United States. Is we've seen a crippling of the economy and I'm curious. People anticipate that there will be a bounceback. What about over there? How did businesses adapt to the new normal? And were they able to bounce back? Eight has been devastating to be quite honest with you. We know the retail sales from January and February. Were down some twenty percent. Compared with this time last year and March is expected to be far worse once that data's release which up to understand is prosperity here is social stability. If you lose that it begins to threaten the status quo and that does not go over well here so there is real concern about that and and just from an anecdotal experience in walking around we start to see restaurants that are still closed. And I've asked some of the locals within Shanghai he said. When do you anticipate they will reopen? And they say oh no. They're closed for good. This is this is it for them. They can't whether this any longer you started off by talking about the fact that you are hopeful about what you're now seeing in China Life starting to return to normal. It's a challenging question but is there something you would point to that you would say was the most important factor and that sort of recovery. Is it superficial? Say Sunday brunch. I mean that that's something that was brought up two weeks ago by the one of the hotels and it may sound so trivial but the reality is Andre. Some of us who have been through this now for for two months looked around at each other and said why they're starting brunch again because it felt like the first taste of normality here. I hope you guys had a good feast this past Sunday for sure. David you deserve it. But is there a concern though? I mean not to paint a darker picture on this. There's a lot about this virus. We still don't know this idea that as people start to come back together again. Is there a concern that there could be a resurgence of the infection? There is a huge concern. And I think not. Only from the government's perspective in that explains why some of these provinces are so hesitant to go forward with easing restrictions and they may even put out some of the notices just to try to see what the movements might be and then they'll revoke some of those Freedoms and and say actually. We're not going to go forward with that. We're going to step back to where we were under the lockdown and then also from the general public's perspective where where people are still very uneasy about taking off their face masks and breathing in the air and assuming that everything is just okay. I think there's a humility in acknowledging what you don't know here and that is a great deal. Still you have said in. Many people have echoed this. That look this is going to pass. What would be your advice to help? People should think about this now. Given your experience in my mind the way I've prepped my own family for this. I've kind of prepared them to think of this. As a combination of terror threat and a hurricane. Watch or warning if you will knowing that it's coming and so you see on the terror side of things. The avoiding of mass gatherings of going to places where a lot of people are crowding together on the hurricane preparation side of things that I've covered many of hurricanes You see it as stocking up supplies preparing to shelter in hunker down And and so. It's to meet both of those things knowing that both those things also do come to an end but also I reflect on nine eleven a lot and I was reflecting on that because I grew up in the DC area. And I went to high school downtown in DC and and as that was playing out you begin to see even in the nation's capital there that changes were starting to come into effect. And you start to look around and realize those are changes that will last forever so it seems but at the same time we adjust to the new normal and there is an optimistic outcome to that. And that you make when you go on David again. Remarkable work proud to have you as a colleague who thank you? Sanjay really appreciate that while things may feel overwhelming right now. The fact that the situation in China is improving is good news for all of us. It shows that if we take the right precautions and are able to get people tested and treated appropriately. We have a better chance of getting the situation under control until then the best thing you can do is to be vigilant and responsible. We are all in this together to take care of each other behind had to CNN dot com slash corona virus and sign up for daily newsletter which features the latest updates on this fast moving story from CNN journalists around the globe. And finally if you have questions you can record them as voice memo in email them to ask. Sanjay at CNN DOT com. We might include them from the podcast. We'll be back tomorrow. Thanks for listening..
"china" Discussed on WSJ What's News
"At design done eighty p dot com. Charles Hustler has watched China's transformation for the past couple of decades. This was in Beijing for twenty four years until September of this year. He says that back in two thousand ten China was just coming out of two key events that set the stage for decades to come. One was the Beijing Olympics which they held degree fanfare in late. Two Thousand Eight and then in two thousand nine. The Global Economic Crisis Hits and China Seas Employment Sort of plummet in factories along the coasts that had typically typically employed lots of migrants and the government's response was to prime the pump and flush a whole lot of stimulus through the economy and and it worked. The economy just bounced back and by twenty ten. The economy was really roaring and this gave the Chinese leadership ship a degree of confidence that their own economic model of heavy state intervention really worked and that the sort of Western liberal liberal consensus about free markets had been discredited by the crisis on the global stage. China's imprint was mostly an economic one at that point it's companies were starting to go abroad. It had been starting in the previous decade to secure resources around the world for for its economy and the double digit growth that resulted from the stimulus. That was hitting around two thousand ten than just ramped up Chinese appetite four commodities around the world so China starts off the decade in pretty good shape. It's doing well economically. What does that then mean for the rest of the decade? What did we see as the economy gains strength and China begins to have this greater confidence that it's on the right path Ah Political Event occurs which really super charges this and that is the ascendance to power. Four of Xi Jinping the expectation had been that she had been vice president for a few years and before that had risen up the predictable predictable career ladder of various provincial posts and the expectation had been that he would be a leader just like the ones that China had had in the previous two decades. A consensus builder hobbled by the by the fact that he didn't have Supreme Green Power and that he was going to have to work together with other powerful members of the leadership that expectation turned out to be wrong. So let's it's break this down into two parts will look inside China first and then outside China's so talk to me a little bit about how Xi Jinping's vision was realized over the past decade. Did the single most effective thing that Xi Jinping did to assert his own authority and that of the Communist Party was to conduct duct of very thorough going crackdown on corruption. Corruption was a real problem throughout the ranks of the Party and the government it. I was extremely unpopular. He and previous leaders had warned that failure to get a hold of corruption was going to spell the end for party rule in China and unlike his predecessors he was able to prosecute and sustain a campaign That really shook up the bureaucracy Chrissy. He put a lot of people up and down the chain in jail. A took care of a couple of key political rivals by using the corruption and crackdown. And so that sort of softened the battlefield and enabled him to seize control of the governing mechanisms a much more effectively than his predecessors had that he did not stop there. Xi Jinping in an early speech said that One of the problems that caused the collapse of Communist Party rule in the Soviet Union. Was that the party. Had Failed to assert. It's thirty and that nobody would stand up To make sure that the party stayed in charge so he tried to reverse the trend That the Communist Party in China was heading on by imposing party authority more strictly over the media and education and and other aspects of Chinese life. And let's talk about China's ambitions when it comes to being global superpower. You know instead of its. I military. Outpost abroad contribute to combat choosy United Nations. It promoted this huge belt and road initiative and created new financial institutions to make sure that there was money for all of those projects. Why did China decide to engage with the rest of the world in this way? I think there are several reasons reasons for China taking more assertive role in global affairs. I there had been a long running debate about China becoming coming a global power and what kind of global power should it be. Even the United States had been under both President George W W Bush and then Obama had been urging China to take a more active role in global affairs. Since the age of Deng Xiaoping Chinese foreign policy had operated under a victim of keeping a low profile but there were others in China who thought really. It's time China has the wealth and the power To be more active in global affairs and as part of that there were many voices within the power structure in China within the Communist Party elite who felt that The global order was rigged in favor of the United States states and other Western powers in that now that China was strong enough. It should also have a seat at the table and be able to set some of the rules of the global order so so that in China's eyes they were more fair or as others would see it so that they favoured The Communist Party of China. So that's all about China's growing power over the past decade. Let's talk a little bit about the growing backlash what's prompted countries particularly the United States to no longer view China in the same way. And what does that mean for China and the. US has well a couple of things happened to take some of the gloss off of China's rise. First of all. You have a much more. Muscular assertion of power under a under siege in Ping China had for years been been trying to assert control over the South China Sea and the islands in the South China Sea which in whole or in part are claimed by five five other governments and as part of this assertion of power China began to take some of the reefs it controlled in the South China Sea and create create artificial islands on top of them This created a lot of angst among neighboring countries other claimants to the South China Sea and also to the United States because the US Navy had Traditionally seen the South China Sea as open waters of that it could sail through unimpeded. All of these tensions resulted in part in a UN arbitration case which ruled very very broadly against China and Beijing's response was to ignore the ruling and this has precedent other countries including putting the United States have ignored rulings by U. N. arbitration panels when it didn't suit them so China felt that it was acting just like like any other great power would but it certainly showed that China was not going to always be an upholder of global rules. What does China's rise over the past decade mean four all of us than what should we take away from twenty ten to the end of twenty nineteen? I think we can see that. Power is shifting away from the West. The United States is still by far the The wealthiest country it has the strongest military but on relative terms there is a new power in Asia centered in China. The rest of East East Asia has a lot of economic wealth and there are other power centers that emerged over the course of the decade. We have a a revitalised illegalized Russia. To a certain extent India is starting to March up the ladder of economic development Some African economies and economies in South America also gained in in wealth. And so I think we're facing a global order in which power is more diffused and that therefore the US either alone or in concert with its allies are going to have more difficulty shaping outcomes. Combs are former China Bureau. Chief Charles Hustler on China's transformation over the past decade on Monday. We continue with our decade in review view. Emory for totally. We'll talk to our reporter and a wild matthews about the decade in healthcare reform. That's what's news from the Wall Street Journal. Thanks for listening and PAT..
"china" Discussed on Newt's World
"Them and countries are also very much to blame because we moved production to China we allowed the government to develop as economically as it did while constantly for or China we really see how concerned when intellectual stakeholders have this flawed China coming up of course you've custody or secret deter.
"china" Discussed on The Stephen A. Smith Show
"Want to reiterate at this point emphatically i'm not talking about something happening permanently or anything like that i'm saying right now with china having really taken the position that they've taken i am a proponent that until cooler heads prevail and we could give back to the business of doing whatever it is that both sides choose to do adam silver being over there on behalf of the NBA is within enough i don't think the games should be played there and i don't think those players for the lakers the nets etc should be there i believe that what should happen now is both teams should return to the states that's what i believe until things calm down rachel nichols our very own rachel nichols who's doing outstanding job out there covering this story goes on national television and compares hog going to shanghai abroad james years ago and thousands upon thousands of people showing up just to see him and transferring from that too that she witnessed over the last couple of days in which only a couple of does the people were there and oh by the way they were covering their faces this second a camera was thrown in their direction because they didn't want to be seen on television and thereby presumed to be supporters of the the NBA you now have a problem because based on net is it beyond the realm of comprehension to think that those might be playing an empty stadiums over the next few days does that does that beyond around if people are scared to be seen supporting the NBA players while they're walking off a bus into their hotel role or something along those lines what in god's name would convince you to think that they'd be gung ho about showing up to a stadium to chair the players on while lake at this particular moment in time makes no sense so if that's the reality of the situation that the NBA players facing and this has occurred through no fault of their own why even beat over there it's an exhibition game anyway highlighting the NBA cares and some of the things that they engage in to show their global initiative and their willingness to be conscientious of so many different ways wallets applauded as some circles revered and definitely to be appreciated by any at all the fact remains that these are very dicey thomas and it's through no fault of the players so why have them in the middle of that and i have them in a position where anybody could walk up to them and ask them their feelings on such and such an issue james harden over there in china and he's talking about but what did adam silver do not to be supported his spouse american values while at the same time saying he respected that china's value different than that what did adam silver's commissioning NBA do for those out there that wanna point to and say well you know what stephen brought up politics i'm not addressing any politician per se overall i'm not going that route on that thing anything along those lines i'm simply making the point that if you're a politician and you're making this demand that adam silver is to or spouse american value us come hell or high water and blah blah wait a minute first of all he did but more importantly than that who has anybody to demand anything from him from capitol hill when that's what you have to do every day if you're a senator on a congressional figure or even a president of the united states and you go to another nation it's not only hope for but completely expected that you would have spouse american values it's automatic it's an absolute bad thing without question of course we should support adam silver the who we are we know who they are and all of these years understanding that dichotomy that exists the differences between the two sides we've been the business four we know out of over there reminding them excuse me excuse me does executive darryl maury tweeted something that did come from the NBA it did come from the houston rockets it came for one individual who has the freedom to speak his mind there are people who have spoken them is before against you against us it didn't stop doing business with one another four we know that's exactly what adam silver is saying right now we don't know let them handle it geopolitical issues we know us you might not know them the people who do know them let them handle their business let the rest of us step back remember who we are and understand that as long as we are true to ourselves and what value system is and we're apologetic about it we have nothing to apologize for what we have to be careful that when we're doing business others knowing what their value system was before we did business with them sometimes there are some who would say you should be quiet maybe somebody else can say that about you now you that makes sense those are the big boy and big girls maybe we should remember that as we move forward at eight say ESPN edited seven to nine three seven seven six to your calls and more in just a minute you're listening to the stephen smith show ESPN radio ESPN who's wide awake by now you've probably heard me talk about my computer career and think no not me i don't know the first thing about computers or you know what that's okay enough to before they started many of the graduates could turn a computer on and off and that's about it now the IT professionals and guess what you can do it to go to market beautiful EDU and take the frequent reevaluation today you could.
"china" Discussed on Monocle 24: The Foreign Desk
"One of the crucial stories of the last few decades has been China's extraordinary surge to catch up with the rest of the world in manufacturing technology. And in economic military and cultural power, one of the other crucial stories of the last few decades has been the erosion of privacy in the online era and on that front China is pulling a distance ahead. China is in the process of assembling an immense and pervasive apparatus of surveillance, which will monitor and punish and reward, the most every day of behaviors and interactions of more than a fifth of the world's people, the prophets of doom of the pre computer age. Imagine that any such system would have to be imposed by a dictatorship even George Orwell did not envisage that the population of airstrip one would voluntarily surrender personal information to the state, the communist party of China is assuredly a dictatorship. But has it also understood that a great many people below? Leave privacy to be over rated. What is the reality of China's surveillance state how might develop in future? And is it a case of today? China tomorrow, the world, this is the foreign desk..
"china" Discussed on Capital Ideas Investing Podcast
"And I think something that I know my colleagues share is an idea as a goal, and I'd like to think that the even people in the American administration feel similarly any last words once one thing financial advisers. And others who are stewarding money on behalf of clients. And helping folks think about this something they should take away to think about in terms of China in two thousand nineteen this is longer term than twenty nine thousand nine right for me. One of the things that has become assumed about China, which wasn't necessarily the case before years ago is that the political structures have become very consolidated around sheet being in with the announcement of the possibility of extended terms for him. You know, people sort of assume that that will happen in that effectively the the current directional shift towards more concentration of power in. Beijing in worth retain is from the Chinese political system is inevitable feels that that's kind of the consensus. Now that people say, okay this direction is now set in stone. I would just remind folks that political systems which driving onomic geopolitical policy involve, and he is just as I mentioned in twenty eighteen we saw episodes of pushback within the Chinese political system around slowdown in growth or perspectives. And we saw some ebben flow of policy, according to that that will continue and actually as growth slows in China over the next five years looking at a bit longer. You may see evolution of how politics is managed in China..
"china" Discussed on Capital Ideas Investing Podcast
"We are in the beginning of this whole longer geopolitical rivalry, the combination of Trump this kind of unusual figure thrown up by history who had the and his bonded about the trade relationship, which most Democrats now also would say, you know, they're going to be just as tough in terms of how they approach China head into twenty twenty and beyond and then she's on more openly declared aspirations I think for China's renaissance and its role in global affairs have combined to just totally change the. Footing. Now, the entire US policy establishment on a bipartisan basis is taking a tougher tone and perceives China as a term rival and threat in ways that really weren't quite the case even a few years ago. And clearly the the clash that unfolded in the last year really rattled markets because people have never seen a president decide to throw tariffs on. And really forced the issue nor have we had a trade rep like Robert lighthizer who's had both the experience and been his tough minded, and then empowered by like minded president who didn't want to tolerate the kind of pattern of pledges, but footdragging that China has used as a strategy for many years. And so even if there's some interim deal, my share the view there's going to be something like that. These longer term issues persist the prospect for geopolitical flare ups around Taiwan, the South China Sea, some miscalculation there's the North Korea angle, which is useful tool from the Chinese point of view and the negotiations it's complicated. And as you said Andrew it's going to go on for years. Stephen green any wisdom you'd add. Actually, I might ask you. Spent time in Beijing talking to friends when you hear from the Chinese perspective how they're thinking about this issue and with oportunities challenges day look at from this perspective..
"china" Discussed on Capital Ideas Investing Podcast
"Developers are being invited again to do somewhat more in terms of new project launches than they expected even month ago. So yes, we hope to see more reform alongside a a level of stimulus that gives China the growth rate, it feels it needs to keep its people happy, and how does this all play in ultimately to investment decision making when there's kind of a range. The views on what growth might be this plays into. What's consumer demand going to be for companies that sell to consumers that maybe Steve Watson? You can start us off how variations in views on this affect portfolio decision making. Well, we have capital group. Make our investment decisions company by company, and so it's not as though will be going out and looking for a basket of companies that do well. But as Stephen said earlier valuations in China are pretty attractive these days, Stephen feels that there's excessive optimism about the economy, and that may will be true. But many times we find attractive companies that are well positioned that have great products that are selling for evaluations that we wouldn't have expected a year or two ago. So there are attractive investments to be made either leave in consumer goods areas, for example in the. Internet area. I think there are a lot of interesting opportunities for us as we look to find them on a company by company basis, and we now have access not only to Chinese shares listed outside China of a shares listed on the domestic A-Shares market as well which opens up a whole new realm of possibility, and we are finding attractive investments. They're andrew. So have you? So it's interesting in his ties back to my comment about the structural illusion of China's economy there are industries where perhaps a macro outlook is challenging, but at the industry level, you're seeing Ravin consolidations of the Chinese property sectors. You just mention is one of those the government doesn't want to deal with forty thousand developers across China. It would rather deal with a more concentrated segment of developers in you're seeing Ravin consolidation in market share gains by the top fifty developers in China, many of which most of which are listed and our investment that we saw this happened in the last night. So in twenty fourteen which was really difficult year for the Chinese property sector. You had national levels sales growth that was negative territory year on year. I think it was minus eight awfully but growth of the top twenty developers for that year was double digits was awesome. Ten or fifteen percent at your. I think we'll see that. Again, this year probably see negative sales growth at the national level. But relatively strong growth amongst topless developers. So there are opportunities Steve litter to or bottom up company by company analysis and investment opportunities. Even in an economy that slowing because of things like consolidations virtual ship's industries as an answer that as an economist at a company, which investment company by company Baltimore basis, sometimes been challenged pounds of Amec reviews. An pious the Muslim prices. Zainab said through activists were even by itself cycle, the raw investment chooses their all other sectors. Where it's a really macro driven story words commodities, for instance, if you're investing in Rio volley, you need to know about what's happening with Chinese on six months, that's very important and even more boring than that. Right. If you're investing.
"china" Discussed on WiLD 94.9
"Keep is china just for you man me me.
"china" Discussed on WiLD 94.9
"China me however wild and ninety four nine they never knew my struggle rose above the rubble rather live and saturday bingo dude it from the double vision corrected they just neglected and thinking lately with the devil take.
"china" Discussed on WiLD 94.9
"China again ninety four.
"china" Discussed on Motley Fool Answers
"So those are three areas i'd focus on to what degree is the rest of the world worried about china other other countries that are just as concerned about what china's doing sure on the on the trade in commercial front this is a universal concern china's neighbors europe latin america africa everybody has has has concerns about china china's often they're number one trading partner often a big source or target for investment and everyone has the same stories of course technology transfer or chinese companies coming in and taking your resources and not caring too much about your workers or other types of bullying and unfair practices this is but at the same time their level of of willingness to directly confront china isn't the same as the trump administration's because china's got a lot of leverage when you're when china's your number one trading partner and the fastest part of growth for many of your company's even if it's an unfair slice of the cake it's still a big lice of the cake and so that's the so folks don't really want to confront china head on like this what they prefer is to use wto consistent like measures to ask the chinese more politely to change what they do but even then the record is that very few countries sue china the wto many countries through the us in fact the us is the number one target but countries big and small take the us to the wto essentially only the us and e you take china to the wto everybody else's too scared to do it so in some ways what the us is doing is representing the globe taking one for the team if they do it right you know of course the us could cut a side deal with just benefits the american economy but really they're standing up.
"china" Discussed on Stansberry Investor Hour
"And you're not going to get a view of anything and you're not gonna get anything special the american perception of china and the reality of china are two hugely different things and for me as an investor the important thing is to find those moments where perception and reality broadly diverge and there's always money to be made when you can find a situation like that and we have that in china today but i do think and i hope that trump's understanding of china is more nuanced than than the simple version that was sort of portrayed on the campaign trail and i realize politicians simplify things but what's your take on that by the way on his understanding of china do you think that he was using that using the rhetoric about basically you know low end goods and such you can't produce you can't produce a t shirt for five bucks when it costs you a million bucks a year and when it cost you a million bucks to to buy an apartment do you have any thoughts on that oh yeah absolutely i mean i think that there's been a lot of of dishonesty with american politicians on both sides about how we can get a return of the loss manufacturing base you know that this is a very look it's popular rhetoric particularly in the us heartland in saints i was just down indiana a couple of weeks ago and you know if you wanna get a crowd riled up you talk about how in those parts of the country places where cities or towns have have turned into virtual ghost towns because major industry things related to the car industry manufacturing in any capacity have have gone elsewhere but to your point about china and the perception of it from the administration.
"china" Discussed on Channel 955
"South them on the new song some again on the mother no no no the mother and on alert thought china not our two man good not those they're not there oh no oh man no london man he was on land china nine man no yeah two the thought that.
"china" Discussed on WSJ Opinion: Foreign Edition
"It's very meta out and they're they're talking about talking about a nonbinding code of conduct so uh yeah were were several steps removed from many uh serious resolution of of the issue but that seems to be the way with osce on uh it's a very uh a separatist group and uh you know all decisions must be made by consensus and at there's always one or two countries that are can be relied on 2s wreck the consensus so uh you know they had passed meetings where they haven't even been able to come up with a final communique so i guess this this has to be counted as as progress but um but china i got you know i guess china is showing a little bit of flexibility in that time there are moving toward somewhat towards a more multilateral approach but i wouldn't put a lot of store by that um basically china's default position is that they prefer to to negotiate all of these disputes on a bilateral basis which is where they would have the most leverage and avoid uh dealing with all of the de rival claimants some as a group interest listeners are clear harazi on his the association of southeast asian nations and that includes a high a country such as the philippines vietnam i believe as a member of harm in are participants in this territorial dispute i think one of the big questions that i have here in and particularly with the new administration in washington is what is the us role here because they certainly america his long thought of freedom of navigation through the south china sea is an important uh national interest for the us not least because such a large quantity of a trade is shipped through uh parts of the c on.