and china to co-exist china i mean u.s. has to first of four rick lies that china is the superpower status that's number one number two us must respect china's so-called core your interests this core you interests are very are ever you grew in change and what they really want is their territory territory integrity they want to see territory they want use china sea territory they want taiwan if mirka do not agree do not respect that type of korea interests that clear it will cost clash and they won't be i call existence between the united states and china dan in cincinnati do you want to react to that. no compromise well i think that. once again i don't think that you know great powers make compromises all the time they compromise in the short term to achieve a short term goal the united states and china have reached have had for some some time did have anyway a modus vivendi regarding. the the china's core territorial interests that is things were more or less let to stand pat i think the question is what would be what woul

you work for the us and china to co-exist china us has to first of four replies china is the superpower status that's number one number two us must respect china's so-called core you interests this core you interests are very i never you grew in change and what they really want is their territory territory integrity if they want to see territory use china sea territory they want thai what if mirka do not agree do not respect that type of korea interests that clear it will cost clash they won't be i call existence between the united states and china dan in cincinnati do you want to react to that . no compromise well i think that. once again i don't think that you know great powers make compromises all the time they compromise in the short term to achieve a short term goal the united states and china have reached have had for some some time did have anyway a modus vivendi regarding. the the china's core territorial interests that is things were more or less let to stand pat i think the question is what would be what would exacerbate these conflicts clearly the united states is going to tr

congress to urge china to improve human rights. here he visits the office of republican party congressman. he is frustrated with obama for not giving enough attention to china's human rights issues, even though the situation gets worse. >> translator: the obama administration is giving priority to economic and trade ties. sacrificing human rights concerns. that policy is misguided. >> reporter: human rights def d defenders say there is more to the issue than the china 16. many other chinese are also detained. but as china's power rises, the advocates worry the u.s. is less willing to raise the human rights. nhk world, washington. >>> senior u.s. and chinese officials met in washington last week. they agreed to hold talks on human rights later this month. >>> time now to check on the weather around the globe. there's heavy rain over the korean peninsula and our meteorologist joins us now with the latest. >> it's in the middle of the rainy season for much of the korean peninsula and parts of northern china. we have an active seasonal

hostile forces outside of china who want to needlessly smear the good name of china. repetition ofalm fact has to have a place. investment in the work of documentation has a role. also the question of the long- term versus the short-term. you may not get an immediate response but you stand for what is right. in the long term, you may be planting seeds. you, mr. chairman. the time is late, so i will be very brief. but one question as a follow-up. i have been in a number of hearings where we have heard about human rights abuses in china as it continues. , a few goodeve comment. we understand when congress takes an active role. when under the guidance of the chairman or others, when we say that we will will not tolerate human rights of uses, it doesn't necessarily change it, but those .ho are suffering, suffer less is there a time coming instead of a threat where we truly mean what we say and will not tolerate human rights abuses, that it becomes really commonplace -- what i understand. when we highlighted, does it become indeed less in china? numerous former prisoners t

as long as asean continues to rely on china for massive economic investment, china will have leverage to further increase its maritime activity in the south china sea. >> thank you, mark. and that was nhk world's mark ho. and delegate discussions about the south china sea will continue at the asean regional forum on tuesday. observers will also be looking for any developments regarding another regional security issue, north korea's nuclear program. the north has started to signal it might be willing to resume stalled six-party talks on the nuclear issue. china and the united states are two of the key nations involved in that issue. and their foreign ministers are both here. we'll be looking out for any signs of a breakthrough. i'm dhra dhirakaosal reporting from brunei. >>> china's foreign minister used the asean meeting to give his north korean counterpart another nudge. wang yi worked towards resumings sigs-party talks. the negotiations have been on hold since 2008. wang says china is continuing to make efforts to denuclearize the peninsula. start the process of resuming negotiation

in china. it took her up until approximately the time she landed -- can you not hear me? can somebody regulate this microphone for us please? how about this? can you hear me now? excellent. her second book, the book we'll focus on today, "cooked seed," starts when she lands at o'hare in 1984, that right? before we ask questions, in case you think success changed anchee min i would like to point out she is traveling with a backpack. she is just lugging everything that she has around. i asked her when we met down in the greenroom earlier today. i said is that everything you have? she said yes. we learned growing up in mao's china to pack quickly and to pack everything that we have. snoop because we were told that the americans were in vietnam. they're going to take over china, invade china. we must learn to defend ourselves. anytime. >> so some things never change however americanized you may be. i would like to have you start by just telling us in the way that your book starts about your arrival

and china. however, the birth defect epidemics, that does seem in a way threatening to the stability of the regime in no way at some other things might not be. >> i think if the regime is really positive persistent in dealing with corruption, i suppose that will be a factor for public confidence. it is not. you know, and this is one thing. in to talk who, practical action that we need. >> we will move now to the lightning round of the discussion. a few more minutes here for our publics before we turn to our viewers. so i will ask you about how we should think about the future of mainland china and taiwan? there are those who say that the status quo and go on indefinitely and others say it will be provoked to some kind of crisis where the u.s. and china just cannot agree. twenty years from now, 30 years from now, what you think the relationship will be? >> i think it will gradually move to some sort of confederation agreement, sort of association. for taiwan tubs become a -- an actual province of

china and taiwan claim them. the resolution said in january crews of chinese warships locked weapons, targeting radar on a japanese south defense forces ship. the resolution urges chinese officials to exercise restraint. it confirms that the u.s. will oppose any action. >>> last month, u.s. president barack obama discussed the dispute with chinese president ping. she was adamant in defending china's stance. >>> commanders at a u.s. base in japan have taken shipment of another squadron of plane with apache safety record. they unloaded 12 osprey aircraft at a base in western japan. they'll test the planes for a week and then send them further south for their permanent distinction. a ship carrying the tilt rotor aircraft arrived at the air station. they will test fly the ospreys for about a week. local government officials agreed to the deployment, but they want u.s. commanders to let them know when and where the planes will fly. they're urging the americans to shorten the testing period. the marines will then deplo

the philippines and china have competing claims over the areas of the south china sea. their dispute has become increasingly tense making subic an important strategic location once again. the proposed facility would give washington a foothold from which to monitor the south china sea and the maritime activities of china. the constitution bans foreign troops from keeping a permanent base on the country. the proposed joint use facility will be governed by the philippine military to side step any constitutional issues. even so the anticipated return of the u.s. military has already steered hostile demonstrations. ambassador chose his words carefully to try and ease public concern. >> let me stress it is a joint use of facilities. there is no mention at all of a permanent base because i think the u.s. is very well aware that it will not be allowed under the constitution. >> reporter: china is becoming more assertive in the south china sea. in doing so, the philippine government is forced to strengthen its military relationship with the united states. many filipinos feel unh

is not there yet china has to has to keep buying well there has been a lot of trouble in china recently they had an incredible expansion in lending and then they had a pullback there was a liquidity crisis and i'd like to read something for you right now it's a quote and it says china's state council said it would cut off credit to force consolidation in industries plagued by overcapacity as it seeks to end the economies dependence on express extravagant investment funded by cheap debt so does this seem like a major policy change you know getting rid of the magical ten percent g.d.p. every year. well they talk a good again let's see if they follow through this is sort of tapering with a blunt instrument if you want to put it that way but china has exactly the same problem as the united states you have the credit expansion you had over leverage now they want to kind of rein that in the u.s. had a collapse in two thousand and nine but the problem still aren't solved a lot of those bad assets are still in the bank balance sheets the banks are still under capitalized and all we've done real

tough with china. i have no doubt that governor romney was talking about getting tough with the chinese communist regime that often voters don't make that distinction. they might think that governor romney is being anti-china and they might think well maybe he is anti-chinese so that is simply a guess. i think somebody would have to do a study and actually ask folks why they voted the way that they did. and then in addition to that, as i mentioned earlier governor romney also promised that he would roll back big government. i voted for him and was certainly counting on him to do that but the immigrant community is not insensitive to monetary incentives. as i said earlier there lots of immigrants who do avail themselves of government duties. these days most people are not, i guess are not as ignorant as my parents or my family was when we came here. people know where to go to find free money and people know where to go to apply for welfare benefits. people know what to do to make themselves appear eligi

and china to co-exist china i mean u.s. has to first of four rick lies that china is the superpower status that's number one number two us must respect china's so-called core you interests this core you interests are very i never you grew in change and what they really want is their territory territory integrity if they want to see territory use china sea territory they want thai what if mirka do not agree do not respect that type of korea interests that clear it will cost clash and they won't be i call existence between the united states and china dan in cincinnati do you want to react to that. no compromise well i think that. once again i don't think that you know great powers make compromises all the time they compromise in the short term to achieve a short term goal the united states and china have reached have had for some some time did have anyway a modus vivendi regarding. the the china's core territorial interests that is things were more or less let to stand pat i think the question is what would be what would exac

more concerns about china's economy. this time it is the june trade data, which has people thinking. it confirmed growth is slowing. imports way below forecasts. expectations were for those to grow 8% and exports missed, down 3%. reuters looking for 4% annual increase. china's first export decline in nearly 1 1/2 years. beijing is blaming weak external demand, and rising labor costs. latest report came after chinese officials began a crackdown on illegal capital inflows as trade bills. joining us with his fews, john stockford at invest tech. china's equity markets have been a pretty poor place to be as well. what have they been telling us? >> they rallied today despite the worse than expected data. generally you're right. they have been on a fairly consistent downward path, confirming the sense that chinese growth is struggling to recover. policy is moving away from being outright stimulative to focusing a bit more on the quality of growth rather than the quantity. >> in the long-term, this is the right thing to do, isn'

in this week's episode -- china warns israel -- india not to create trouble on the border. attack on foreign mountaineers -- a setback for the tourism industry. and congress promotes an ordinance on food security. opposition turns it undemocratic and a gimmick. and now for all the details. the dragon has once it again shown its true colors. despite commitments of peace by china, the people's liberation army has displayed its real intention. just a few hours before the minister embarked on his trip, the chinese general provoked india by warning it not to provoke and create new troubles for china. here is a report. >> tensions rose between israel and china when just before the indian defense minister's visit to beijing, a top chinese major general, also the executive resident of china strategy culture promotion association said, "the indian side should not remote new problems and increase military deployment on the border and start new trouble ." strategic community defense and foreign ministry in new delhi was shaken by the rude comments from the chinese general hours before

also into central and eastern china. past 24 hours we've seen rain reports here about 120 to 140 millimeters of rain. that threat is still going to be there going into saturday and even sunday in isolated areas out here. as far as temperatures towards the west though it's heating up here too. shanghai a high of 31, beijing 34, even towards the tropics afternoon thunderstorms popping up across much of the region here, but temperatures only going to continue to climb up there towards the 30s. looking across the ocean though, well, we have our latest tropical storm. tropical storm erick. now, it's pulling off towards the west really following in the same weather pattern we've been seeing in the eastern pacific. actually, this is dalila, it's really not much left of that now. now this storm system it's going to continue to follow that same track, moving away from the coastline. it formed a little closer to the coastline. so we have these tropical storm warnings in effect around acapulco, you could be seeing high waves. defin

china wants to make america understand china, but in the meantime china is unwilling to reveal the dark side. and chinese people telling my family telling me to hide it. and a chinese people will not write the i do. i will not write the way i do if i'm not americanized. i do see that, believe the mistrust. the china presents itself with perfect image. the image looks so fake. and as american, i know that revealing your honesty, your flaws, it's not necessarily to your disadvantage. because americans thans humans are flawed. they think it's -- you look at your scarlet o'hara in "gone with the wind "the hero and the her and i think that's the part that the chinese don't understand. and oftentimes americans not being able to understand the chinese is not being able to have access to chinese literature. it could never make it to american main stream market. >> why not? >> chinese is the authors -- the censorship, even in my them moisture, i think i automatically -- how many times you see in the memoir protag nist, the self, the author project themselves as flawed? part of my chicago story i

some slowdown in china. china is such a big part of the story, that something of that magnitude i would not say would have a massive impact. obviously, it would be better if they were growing faster, but we're looking for a better performance for 2013. looking ahead, it seems to be getting better. when we will get to the kind of average we experienced before remains an interesting question. >> you mentioned china. there are, of course, concerns the chinese growth rates are slowing down. one thing that caught my eye in the reports is that you forecast that china will lose its dynamism. talk us through why that is, in your opinion. >> a country cannot grow as dramatically as china has in terms of gdp and trade indefinitely. there comes a point, historically, where there will inevitably be a slowdown. this will become -- be because there will be less domestic demand. as the economy broadens out in that sense, you will get a slowdown. i should say, looking at china now, it is not just the secular trend. it is no

china and korea try to imitate them america and europe cry bravo absolutely amazing amazing. meanwhile back in russia military artists are losing their grip on the audiences. the young people especially soldiers they seem to me to differ from. the russian musical army has been fighting for eighty five years now stained with the times and win over the younger audience is up to date as the time comes to give up the fight and defeat. on our team. some of these traditional chili lines they've been bred and developed and past down from generation to. this is a total destruction of the culture of mexico by telling them i mean this is not going to impact asylum in mexico whatever happens here. we're not in the in the you know in all the organs that work for a. genetically engineered crops why do you think this country is full of obese and sick people because we have a crappy food system. emission free cretaceous three turns for charges free. range minced three. three stooges free. download free broadcast quality video for your media projects a free media oh god our teton tom. one of

, the company is bt capital, we talk about doing business in china. >> china is in the phase of going through a major social transformation. no matter what people actually do have access to actually all kind of information, and the, i agree transparency will bring better understanding among the people, but it is going to take time. it is going to take time for the world to understand china is going to take time for ordinary chinese citizens to be able to better comprehend all the information, so i think in the next five to ten years, we will see the situation becoming more and more integrated with the rest of the world's information flow. >> rose: the middle east and business in china when we continue. funding for charlie rose was provided by the following. >> rose: additional funding provided by these funders. >> and by bloomberg, a provider of multimedia captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin this evening with the peace process in the middle east. u.s. secretary of state john kerry has made several trips

but there is a great chance that that deal me also go to china back in two thousand and nine china's cost course the shipping company you least half of greece's largest port in your happens for thirty five years and local authorities say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the board beijing is once again interested to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of all to be exact or storing up an appetite in china last year the country became reeses number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various measures and demands a

china has been a historic enemy. they have fought many wars, the last in 1979 and so vietnam fits very nicely into the white house pivot towards asia and it's a thriving economy. we need the export market and frankly this many decades after the war people still want to somehow justify what we did there and you hear a lot of conservatives who don't like to admit we lost the war, say but look, they're capitalists now and all the trade is going on. i think there's some psychological interplay here as well. >> let me pick that up for you, eleanor. okay, lessons from vietnam. 501 51 years ago the u.s. intervened -- 51 years ago the u.s. intervened in the civil war in south vietnam. more than 58,000 americans died in the war. the scale of this loss spawned a massive anti-war movement and deeply divided public opinion. in 1973 former president nixon wrote the power peace accords where the security was turned over to the army of the republic of vietnam under a program dubbed vietnamizeation. in 1975 the south vietnamese capi

china has never been. the constant. feeling that you know the u.s. is just there's this favor coming smash things up without a god for the consequences but most of these students aren't motivated by politics rather still hope for better opportunities they may not know exactly what changes the coming years will bring but the betting that china will play a key role in shaping their future this account you know hardly somebody august on . some balance of the egyptian all may have reportedly been put on high alert status hours before the military to make some for president morsi to result the bottom crisis expires fresh clashes between government supporters and to islamist protests has erupted cairo university at least eighteen people were said to have been killed overnight belcher is in cairo with details about tell us more about what's going on in the capital right now. tensions are rising as violence has erupted once again focused around cairo university in the capital as opposed to between residents. and supporters of the muslim brotherhood president

it's currently disputing with china over a group of islands in the south china sea. >>> broadcasters in china and in south korea have been voicing their concerns over possible revisions to the constitution. the morning news on china's state-run network, cctv, opened with the results of the election. >> translator: the abe government will accelerate moves to revise the constitution. >> the election also made the front page of the communist party affiliated newspaper "the global times." the headline says abe's victory is raising concern around the world. the results of the vote also made the major papers in south korea. the top daily says prime minister abe has gained momentum now that parties in favor of amending the constitution have increased their seats. >>> but those forces don't have enough power to push through a constitutional amendment. so abe will have to do some negotiating. nhk world's mitsuko nishikawa reports. >> reporter: the liberal democratic party and others in favor of amending the constitution gained 81 seats. the number combined with uncontested seats reached 143,

it is mainly china taking advantage. >> china has good ties with iran under sanctions. china has benefited the most, more than the european countries. if european countries have the same policy, they could benefit and invest. >> at the moment, iran does not export most of its iron because it does not have the refining capacity. iran economy is based on oil and gas revenue. more people are employed in the mining sector than in the petrochemical sector. getgovernment hopes to close to half a million people. this place holds more than dirt. without the means, digging up the profits is still a challenge. al jazeera in central iran. >> police in the united states are expanding their use of automatic license plate readers. as the technology becomes widespread, the controversy surrounding their use is growing. car in thewn a united states, chances are you are being watched from cameras on telephone poles to police cars. number plate readers are increasingly common. they capture more than 1000 images a minute and are used in 38 states. police officers say they are a valuable la

china and korea try to imitate them america and europe cry bravo absolutely amazing amazing. meanwhile back in russia military artists are losing their grip on the audiences. the young people especially soldiers they seem to me to differently from. the russian musical army has been fighting for eighty five years now stay tuned with the times and win over the younger audience is up to date or has the time come to give up the fight and defeat. find out on our team. we didn't invite edward snowden and russia wasn't his final destination anyway. glad you have heard him absolves russia of any blame over the snowden saga saying that huge whistleblower has been left to my ringtone mosco all because of washington's. outrage in america. after the killer of a blank teenager walks free would raise such truths hazing up and made continuing protests nationwide. last tag kaizen denial over the highly sensitive also you were appalled that israel used a turkish military base during a recent as strike on neighboring syria.

of the economy in china affecting the countries around china. we have reiterated our guidance for the full year on operating income, which means we're managing to the situation in asia. >> challenging conditions in asia are also dragging on ericsson as the mobile network equipment supplier disappoints with weak second quarter earnings. the market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. and it's decision day for dell as shareholders are set to vote on the company's buyout offer. carl icahn who is leading the bid against the deal got the last word right here on cnbc. >> i've never seen one as bad as this. i really mean it. i've never seen anything where they actually go out and they scare their own shareholders. >> and another big name investor causes quite a stir on cnbc's delivering alpha conference. nelson peltz calls for a shake-up in the food industry urging pepsico to merge with mondalese. >>> good morning, welcome to today's show. plenty of news out there today. let me bring you u

at the same time tensions with china remain high. and the recovery from the fukushima nuclear disaster has not been completed. so we talk about japan this evening, joining me from washington richard mcgregor from "the financial times" and curt campbell, until february of this year he served as assistant secretary of state for east asian and public affairs in new york ian bremmer and martin fackler tokyo bury chief for "the new york times" and just arrived in new york from tokyo. i'm pleased to have all of them here. and i begin with you, martin. tell me where is japan today? you've been a close watcher of that country recently. >> japan is at a very interesting moment. i think for 20 years they lost their mo jo, struck in neutral. they have had an old system that was very successful after world war ii. they couldn't get rid of it. they couldn't find a new system. and i think the frustration with that is building up and people want change. and they're looking for someone to bring them change. mr. abe has gone part of the way. he hasn'

today, china could, china could and does, and does export into japan very limited amount. there are very very tight food safety standards between, in japan with respect to, with respect to chinese products. and so they have had to plant approvals. i'm sure you and your staff know that. and so there's been very little. there's been very little but there is some. and so, the thing that gives me comfort is the economics. pork is substantially more expensive in china than it is in the u.s. that probably surprises many people do that. pork prices are 50% higher in china. it's not a cheaper market. it's a higher market. so that an economic disadvantage in shipping to japan because they don't have the green. they've got to import the grandson of got to have the grain has got to be grown someplace else. it's got to be shipped to china. it any wonder the productivity and that hurts. so the pigs don't stay alive and so it's much more expensive. the u.s. has an economic advantage in selling to japan. and the deficit that exists in china today i think is a very real deficit that i thi

chris what is your read on china. the numbers keep on going south. >> yeah, we were expecting this one to have stabilized, maybe a tad lower, so the drop is bigger than we thought when we crunch the numbers. and saw that weakness. the one perhaps hopeful spot is the rate of decline exports did ease somewhat. maybe the external environment that china is operating isn't as bad as we thought previously. seems it is domestic and perhaps sucking the life out of manufacturing at the moment, does call into question whether you'll see any acceleration of growth from the 7.5. it is very much looking like growth will weaken further. >> diving into your comments about domestic demand removing some of the life out of the chinese economy, we have an economy looking to rebalance toward domestic consultion. is the execution around rebalancing not being perfectly executed right now? >> i think they're playing a longer game. they have clamped down hard on expenditure, on lavish luxuries among the elite. and that's not just the actual

that china has never been. a constant. feeling that you know the u.s. is just. coming smash things up without the god for the consequences but most of these students aren't motivated by politics rather still hope for better opportunities they may not know exactly what changes the coming years will bring with the betting that china will play a key role in shaping their future. bardsley monopod focused on getting our structure the off the world update now starting with the canadian police arrested two people suspected of plotting an attack in british columbia during canada day the man and woman who were allegedly planning to adopt the tactics of the brothers who are believed to be behind the boston marathon blasts police say there appears to be no support or involvement of any known terror groups in the plot was unassisted. a bus trip has ended in tragedy close to peruse capital after the vehicle plunged into a ravine killing twenty two people and injuring eighteen until the brakes stopped working on a track in a mountainous area a crash is often a common in peru

our country's first female chinese american doctor in the heart of china town, someone who adopted over 1,000 suns, mostly service men during world war ii. i can tell you as the son of a tiger mom, i have a good sense that mom chung was a tiger mom. and that is what we have needed to build this project. per the history of fighting is helping to build our city's future, we all know that over the past few decades, thousands of san franciscos have been fighting to implement the central subway and for someone who served on the advisory committee before i was elected to office there are thousands of community members from the bay view and the vis valley to mission bay and union square and to china town who have fought to get us to where we are here today. there have been dozens of political leaders and i want to thank our good senators and nancy pelosi and generations of mayor, mayor lee and i want to thank my colleagues, including kim and breeder who are here today, after hundreds of community meetings and thousands of pages of studies and i think that tens of thousands of hours of debate.

controls but china claims. >> translator: china is our neighboring state. so that's why so many issues arise between the two the countries. it's critical that both sides work on their relative perspectives. i hope to hold ministerial or top level meetings without any conditions as soon as possible. >> abe also stressed that south korea is one of japan's most important neighbors and that both countries share basic values and interests. he said he wants to steadily develop bilateral ties through dialogue in a qualm and quiet atmosphere. abe has not been to either china or south korea since becoming prime minister in december of last year. >>> in an earlier meeting, prime minister abe told philippine president benigno aquino that japan will help his country in improving maritime security. abe stopped over in manila on saturday after visiting malaysia and singapore. abe referred to south china sea territorial disputes between china and southeast asian countries including the philippines. he said all countries should observe international law and refrain from an

in terms of china, i think what china's -- it's actually a lot more complicated for china. for now, war and revolution, that you could have this war in korea for domestic revolution, and i think used a similar analogy with the vietnam war to spur on the cultural revolution against so-called soviet revisionists. what is interesting in vietnam is that both mao and johnson took the lessons of korea, now made it extremely clear they would intervene directly in the war if the americans invade north vietnam. unlike macarthur he took the lessons of korea and listened to mao's warning so another confrontation was avoided. >> host: i want to try to fast-forward to the current situation and i think the way to do that is to extend this impact of the korean war on u.s.-china relations and especially 1980s, as the u.s. and china developed a relationship. you talk about how the korean war shifts from a focal point of confrontation between the u.s. and china, to a source of stability. that's very important point. so if you can explain exactly how that seems to happen. >> guest: i'm not qu

is not there yet china has to has to keep buying well there has been a lot of trouble in china recently they had an incredible expansion in lending and then they had a pullback there was a liquidity crisis and i'd like to read something for you right now it's a quote and it says china's state council said it would cut off credit to force consolidation in industries plagued by overcapacity as it seeks to end the economies dependence on express extravagant investment funded by cheap debt so does this seem like a major policy change you know getting rid of the magical ten percent g.d.p. every year. well they talk a good again let's see if they follow through this is sort of tapering with a blunt instrument if you want to put it that way but china has exactly the same problem as the united states you have a credit expansion you had over leverage now they want to kind of rein that in the u.s. had a collapse in two thousand and nine but the problem still aren't solved a lot of those bad assets are still in the bank balance sheets the banks are still under capitalized and all we've done really

-china relationship. were living in beijing in the financial '09.apse in '08 and a lot of tone in chinese leaders not simply pride in their own not being able to rebound more quickly than others have the mply to national shenanigans that led this.rld into but they time had passed. that's not the tone now. agree that wasn't the tone for now. kind of circleat of critics that were saying that and felt quite happy about it. decide -- some of them decided they weren't sure itthey should be happy about or not. point, $3 one trillion of our dollars, they be good for would the dollar. come on. >> there was a narrative you heard hat the time that britain, france, portugal, spain, they ad their moments and it's all relatively small countries and the xtended to them like united states. what do you think the chinese strategic long-term view or for the u.s. s are? or is? >> well, i think first of all, a stable international environment. for them to reach economic goals. you can't think about that ithout thinking about

he earned his way there from china's inner mongolia. the allegations against him kept him out of the ring for what might have been his peak years. he's 29 now. how did you cope during this time? >> translator: it was long. i thought my ordeal would be over more quickly. >> reporter: he arrived in japan a decade ago, aspiring to make it as a sumo wrestler. in 2010, he became the first chinese rikishi to reach this division. but a bout fixing scandal caused an abrupt reversal of fortune. two stable masters and 23 rikishi were forced to resign. he was one of them. >> translator: i didn't do it, period. >> reporter: he did more than to stick to his story. he filed a lawsuit in a bid to return to the ring. did you ever feel like giving up or that you were defeated? >> translator: being alone i got lost in thoughts, plenty of times. but i had lots of people supporting me. >> reporter: messages collected in his room were written by people who believed in his innocence and campaigned for his comeback. in march, the tokyo district court rejected

as an enemy pakistanis are by and large to china by and large and because the feel . that china has never been. the constant. feeling that you know the u.s. is just there's this. nice things up without a god for the consequences but most of these students aren't motivated by politics rather still hope for better opportunities they may not know exactly what changes the coming years will bring but they're betting that china will play a key role in shaping their future this account you know partly on a broad based on. very very quickly here on the program a canadian police arrested two people suspected of plotting an attack in british columbia during the day the man and woman were allegedly planning to adopt the tactics of a sort of brothers believed to be behind the boston marathon blasts police say there appears to be no support or involvement of any known terror groups on the plot was apparently an assisted. fisherman ride through for a second day in peru angry over a government failure to give them promised payouts to help them through an industry crisis dozens lit f

china is beginning to deploy anti-ship missiles. they want to prevent u.s. aircraft carriers from getting near chinese waters. china is expected to deploy a new submarine-launched jl-2 ballistic missile that will let chinese submarines target parts of the u.s. the report says china could raise the number of nuclear warheads capable of hitting the u.s. to well over 100 within the next 15 years. >>> egyptians are looking ahead to the weekend and worrying more turmoil will engulf their communities. members of ousted president mohamed morsi's power base the muslim brotherhood are calling for a mass rally on friday in cairo. they're protesting against the military for forcing morsi out of office and rounding up their leaders. prosecutors ordered the arrest of ten senior figures of the brotherhood including leader mohammed badie. he's accused of inciting violence monday in the capital. more than 50 people were killed in a clash between demonstrators and security forces. members of the muslim brotherhood release an online message. they want morsi supporters to gath