washington is seriously concerned about china's increased in the south china sea. responding to reporting that beijing has deployed surface to air missiles in the region and pointed out the contradiction to remarks made by china's president last fall. >> they stood in the rose garden with president obama and said china will not military yoois in the south china sea. there is evidence everyday that there has been an increase of one kind or another. it's of serious concern. >> kerry told reporters the united states expects to have very serious talks with china over the coming days. on wednesday, u.s. officials confirmed the apparent deplo deployment in the miss sill systems on the par sol island chain. fox news appeared to show a radar system. the u.s. media say they may have been deployed last week. the foreign minister declined to confirm it, but justified the build-up. >> the facilities are for military and for self-defense. they're totally consistent with the right of self-defense given to all nations by international laws. and there is no room for criticism. >>

xi appearingin and in china. is popular in china. they increasingly work together in the united nations. but there are still limits on their working together. there is a certain amount of smoke and mirrors in trying to present a sino-russian partnership has more than it is to date. that whatnot said russia is doing in the ukraine and crimea is meeting with its approval. russia has not affirmed china's claims in the south china sea. there is mutual suspicion but they are coming together as well. host: robert daly talking about -- talking about china. if you want to ask questions, (202) 748-8001 republicans. (202) 748-8000 democrats. .ndependence, (202) 748-8002 caller: i have three comments. -- his analysis of china's economic status is fundamentally flawed. the most polluted planet on the earth is china. this affects their gdp, everything about them. we think that the air pollution is a problem, but it is just the tip of the iceberg. everything that is grown in china is contaminated with heavy metals. everything made in china is cont

it is on china. the united states will do what it must do to safeguard our interest and that of our allies and that we will do. but we hope china, that claims to share the same goals of denuclearization of the peninsu peninsula, will agree on the same steps necessary to achieve that goal. our alliance remains as firm and resilience as ever and stand ready to support the north korean people. the alliance made a decision to begin formal consultations regarding the bad missile system. i support this decision as it sends the right signal to u.s. resolve to protect our allies and partners in the region. we will look for new defense systems to help the public of korae and our friends on the korean peninsula. i commend representative park who has shown will to strengthen the relationship to forage a response to north korea's reckless behavior. we must try to increase the relationship between japan and south korea. they are most important allies and we need to act together. strong leadership is necessary if

to bring those south china china?back to >> we're in a critical point now in the project where it's been a success. the first stage has been a success. he's increased the number of breedingat he has that well. they can hunt which is very important. the next stage is getting them back to china. they are at the stage of negotiating the chinese trying to find suitable habitat for them. bit.s the difficult dealing with the chinese government is extremely difficult. he has to negotiate all of these political currents that's hard to understand. it's really hard to know how hard that process might take. the tigers might go home next year or ten years. >> it's a fascinating read. know you spent a bunch of time with him. hate to say this has taken over life. >> yes. this and the divorce are the two of histhat take up most time now. the divorce is linked to the part ofarity because they are arguing over is the assets and the charity. these two things are what he now. >> interesting to hear about individual stuart bray. kit than

china's government is resisting that. it wants to control the direction of its currency and not have foreigners do it for them. a fuller picture will come next month when we get figures relating to retail sales, vechl and industrial output >>> president obama is hosting south-east asia leaders for a two-day summit at a california desert retreat. he will be hoping the efforts bear fruit. >> reporter: there are 6500 nautical miles of pacific ocean between south-east a sha and the west coast of the united states. for the president the asean region's dynanism is central to global economic growth and security in the 21 st century. that's why he hats invited the ten leaders to come to california and have an informal discussion, basically to sure them of u.s. engagement and commitment to that region but at the same time to remind the leaders that the relationship is mutual beneficial. u.s. officials say the talks are not meant to focus on china, but they will discuss maritime security. for asean countries are embroiled in disput

thirdly, china's growth was achieved with an optimized structure. consumption contributed 66.4% to growth, an increase by 15.4 percentage points and 30.3 percentage points higher than investment. the shell of the service center in gdp rose by 2.4 percentage points reaching 50.5%. that is more than half. and the share is also 6.7 percentage points higher than the industrial sector. per unit gdp energy consumption was lowered by 5.6%. china's new industries, new forms of business and new products took shape and grew more rapidly, and the added value of high-tech industries was up 10.2% year on year, growing much faster than traditional industries. online retail sales grew over 30%. i have just met myron, who is the ceo of china's biggest online business. he says his business is making good profits. the output of new energy costs increased 1.6 fold and the industrial robots, 42%. fortunately, china's growth was open and produced mutually beneficial in win-win outcomes. in 2014, china's imports were $26 million, still the second biggest in the world. th

even though china provides a huge market for your company, china has been vocal in saying it wants to produce its own aircraft, weapon systems. how does that factor into your strategy in china? >> honestly, every country wants to build a robust industry in aerospace and defense. we like to work with countries to partner where we can. we are limited [inaudible] we are working with the singapore industry. we are working with the koreans, the japanese, the australians. we are excited about the opportunity to make several products in india. >> what do you expect out of this airshow? >> we are a little bit discrete about our deals because of the nature of our business. we expect to see a lot of customers. you will see some great airplanes flying. yet again, a very windy day. shery: thank you for that. coming up next, from cradle to grave, how apple micromanage is the life and death of an iphone. inending business" is back two. ♪ shery: welcome back. appleturn to tech because expands as much effort destroying its products as it does building them. we lifted the lid on the secret facilitie

northwest china is home to many muslims. with a population of 80,000, the largest ethnic minority in lanzhou are called hui. throughout china today, there are 55 official ethnic minorities. of these, ten are muslim. the largest of these are hui. ( man delivering sermon ) narrator: although the hui have their own autonomous region in ningxia, other autonomous regions like xizang, or tibet, speak distinct languages. many in xinjiang, like the uighurs, speak turkic languages. many of these muslims feel oppressed by china for cultural and economic reasons. some seek a breakaway state of east turkistan. some have used violence, and the chinese government tries to crush their movement. hui are loyal chinese and are found throughout china. they speak the dominant languages of the places where they live. now we get into the issue of race and ethnicity. many people, uh, believe that, uh, these are... this is a group of people that is really of han chinese race but islamic religion. the hui themselves don't see it that way. they see t

you need china. china in terms of growth levels and how they are trying to mask the economy is different to the rest of the world. we are not getting any signs they are ready to participate. gary, how do you view japan? do we need to look at japan is something purely japan because the yen is rising even when they are trying to throw the kitchen sink at the economy? or if japan and abenomics fail, does it have a wider implication on the world economy? only 150 years out of feudalism, and they have a lot of feudalistic characteristics. women not in the workforce. lifetime employment. yourselfism, you owe to your feudal lord. i have a lot of these characteristics, and they are not able to get them, despite abe's best intentions. they cannot change the culture to a great degree. i do not think the japanese are particularly that concerned about it. you do not see revolutions there. you do not see throw the rascals out, anything like trump and bernie in this country. try to have them call me my leaves lowe

narrator: and china drives the demand for ivory. knights: china now is estimated to be 70% of the world's ivory market. there is a tradition of ivory carving, but also, of course, the massive growth of the chinese economy. narrator: around 300 million people make up china's middle class today. that's more than the population of the united states, and they are looking to spend their money on luxury goods. ivory has particular appeal because of its long history in china. it has been carved there for more than 2,000 years, expressing many core chinese cultural and traditional values. knights: i think in some cases, people are speculating that ivory is almost like a currency that they can invest in for the future. alie: you walk through beijing and in some of the stores you see ivory mantelpiece, exquisite carvings going for like 50,000 u.s. dollars, 60,000 u.s. dollars. knights: but in addition to that, you have things like chopsticks, bangles that people wear, small carved items. all these things are made from ivory, and unfortunately

and we are talking china. with the new five year plan being presented in 2016, how can the world's second-largest economy shift gears without stalling its growth engine? and what does the market volitility tell us about the perception of china, and the task facing chinese regulators? well, we have, i am pleased to say, an a-star panel. thank you so much for coming on. jiang jianqing, chairman of the board of the industrial & commercial bank of china. christine lagarde, the managing director at the imf. fang xinghai, vice chairman of china's securities regulatory commission and director general at the intercontinental economic department. gary cohn, president at goldman sachs. zhang xin, chief executive officer and co-founder at soho china. and ray dalio, chairman and chief executive officer at -- chief investment officer at bridgewater associates. thank you so much for joining us. ray dalio, is there something that the west misunderstands about chinese markets? and does that exacerbate the volatility we have s

lots of people in china want to see the animals come back to china. it is a chinese tiger that needs to be on chinese soil. it is a difficult thing to do. they need a lot of room because he are solitary animals because huge amount of room. there aren't many places in china where there is enough good habitat for them to go. carol: what is interesting about this story, there is a fair amount of drama in it. he has a girlfriend, or a former divorce,ng through a and that is woven through your story as well. he has a lot of litigations, lawsuits as well. himne of the things about is he is a passionate, driven man. that leads him to be successful in many of the things he does, but it also result in him falling out with people he works with, and most recently falling he isth his wife, who going through a divorce in the london court system. he says he is a crusader. idea, he willn pursue it vigorously. even if that means clashing with people. he has a long history of litigation and legal disputes. carol: it was initially kind of her idea to do this, correct?

>>> china accused of deploying missiles to a contested island in the south china sea >>> hello. also on the show - 100 trucks packed with aid head to besieged towns in syria. >> and an exclusive report from a rebel base as the government ends decades of conflict. preserving america's musical pass. top awards for golden records >>> chaina has been accused of beploying a missile system to woody island, in the south china sea. the allegation is supported by the u.s. and chinese officials. a previous satellite. the pictures show a considerable building work, including a run way. it's claimed by taiwan. beijing says it owns the spratly islands to the anger of philippine, vietnam, malaysia and brunei. china's claimed territorial waters. >> reporter: woody island, beijing said it had it since 1974. chia formed a city on the plan, home to thousands of people. taiwan claimed the island with vietnam. it's home to two advanced boundaries. china's foreign minister said it was an appetite of creating stories, but didn't deny that the reports were true. >> reporter: as for the limited talk th

hasn't brought any back to china. animals at his reserve in south china -- africa. now they have a great home in south africa and a wonderful reserve. they can hunt, breed, and are in wonderful condition. the question is, what happens next? funding them in china will be difficult, and arranging for them to be sent back. carol: the chinese want them, correct? t: stuart's project has had quite a lot of attention in china. the tigers are a hugely important animal. he has had the animals for 10 years now, and there is genuine pressure to bring them home. many want to see these animals come back to china. there is an idea that if it is a chinese tiger should be on chinese soil. it is a difficult thing to do. they need a lot of room, tigers, because they are solitary animals. there just aren't many places in china where there is enough good habitat for them to go. carol: what is interesting, a fair amount of drama. he has a girlfriend, or former wife, and that has woven through your story as well. he has a lot of litigations and lawsuits going on as well. kit: one of the

get along great ith china. largest bank in the world. it is my tenant. buying condos for tens of millions of dollars. i have the bank of america building in california. i own a big chunk of that. i got that from china through a very complex set of transactions. i think china is terrific. i'm not angry at china. i'm angry at our leaders for not being able to compete with china. [applause] we're going to get things changed. we're going use our best people. we're going to start winning again. strong military. take care of our vets. have such great trade deals. we're going to win again. e're going to win so much. we'll get rid of isis and we will get rid of them fast. [applause] i was against the war in iraq from the beginning. we shouldn't have done it and we did it. that obama got out the wrong way. we did it. it destabilized the middle east. you can see, 2003, 2004. i said it would totally destabilize the middle east because you have iran and iraq. they were the same militarily. they fight fight fight and then t

china bucked the trend. shanghai composite down by a fraction, as we see there, 2862 for the closing number, discouraging inflation numbers fueled hopes for more government stimulus, but profit taking wiped out earlier gains. here's a hook look at some of t other business stories we're following today. >>> toyota motor officials have announced a global recall of almost 2.9 million vehicles. they say the seat belts could be damaged by a metal part in the event of a crash. it applies to the rav4 between 2005 and 2014 and the vanguard produced in japan between 2005 and january this year. >>> government officials say in january, japan's trade balance was in the deficit by nearly 650 billion yen, that's about $5.7 billion. they say exports were down 13% from the same month last year. imports declined by 18%, as prices of crude oil and liquid natural gas fell sharply. >>> and, as mentioned, the four figures show in january china's consumer price index was up 1.8% from a year earlier. that was a slight improvement

china needs to be with us. and we're going to go and talk to china and explain and work with them so that we can get international pressure to isolate the north korean regime until they change their course. it's critically important to our security, but also to the people of north korea. so i thought this debate has been in the best tradition of the united states senate. again, we have the architects, as senator kaine pointed out, of drafting this bill. senator corker's leadership clearly set the climate in our committee so that we could have that type of debate. i'm sorry that no one here could sit in on some of senator corkers and senator menendez's meetings as they were negotiating specific terms of the bill. each had their views but they listened to each other and they recognized by listening to each other, they could come out at the end of the day with a stronger bill and as a result our two colleagues, we were able to reach that common ground and i think very shortly we're going to be able to show the peo

he said china and the new security council resolution. he said he thinks the six-party talks ought to be restarted soon. south korean officials are talking with the u.s. about deploying an american anti-missile system that has drawn condemn nation from the north. a commentary from state media said deploying the anti-missile system would heighten military tension. the previous day officials said they were talking with the u.s. about getting a system called thad. they began the talks after the north's rocket launch seen as a cover for a missile test. the north korean commentary said political and military tension would lead to a physical slash. it warned that south korea would be targeted by countries neighboring the north. analysts suggest the commentary was referring to china and russia. the chinese government doesn't want the anti-missile system in south korea because its radar would reach china. russian leaders have expressed opposition. >>> japan's has faced off with his predecessor in a rare debate. shinzo abe and noda discussed refor

and tensions rising after kind china deploys fighter jets to a contested island in the south china sea. just days after reportedly sent surface-to-air missiles and radar to that installation. what's behind this major escalation and what the pentagon should be doing. >>> my school reunion's coming fast. ♪ could be bad. could be a blast. can't find a single thing to wear. will they be looking at my hair? won't be the same without you bro. ♪ when it's go, go to choicehotels.com. the site with the right room, rewards and savings up to 20% when you book direct. book now at choicehotels.com then your eyes may see it, differently.ave allergies. only flonase is approved to relieve both your itchy, watery eyes and congestion. no other nasal allergy spray can say that. complete allergy relief or incomplete. let your eyes decide. flonase changes everything. watching tvs get sharper, you've had it tough. bigger, smugger. and you? rubbery buttons. enter the x1 voice remote. now when someone says... show me funny movies. watch discovery. record this. voila. remotes, come out from the cushions, y

shery: you are critical of policy makers in china. is there anything that the government or the pboc has done well so far? well, i'm not sure if i would theinto that problem in first place. he has problems -- they are -- doing the best they can. the economy is not about to collapse. what people say about the debt, i do not think that that will cause a financial meltdown or crash in china. the good news, they will probably be able to muddle through. the economy might not be about to collapse, but weren't we expecting more? it was supposed to be a time for xi jinping to carry out reforms. >> that is the point that is forgotten in all of this. say, they did a good job in difficult circumstances. it has not been bad. the economy will not collapse. of xiomise of his -- jinping was more than this. they promised a strong reform , a liberalization program economically. that hasn't happened. the market was supposed to be a decisive factor. that factor has been forgotten. the other aspect, the state, would still have control of the commanding p

special envoy. >>> china has been accused of deploying mistiles on a disputed island in the south china sea. >>> and thousands of people have gathered in an opposition independence protests in the kosovo capitol, demanding the resignation of the government. >>> libyans are marking five years since their revolution began, and even though moammar gadhafi was overthrown and killed, the country is still at war and has two rival governments. decisions over a unity government have been deplayed over and over. you have the tripoli based general national congress, and the u.n. backed government in tobruk, which is which the revolution began. >> reporter: in the city that started it all, exactly five years ago, a police force is coming together. people in benghazi began the revolution against gadhafi. they helped to end what many saw as his tyrannical rule. but since, crime has soared. general lawlessness have prevailed. freedoms have been curtailed. the u.n. recognized government, which controls much of libya, says it is trying to change this. >> translator: there hasn't been a clear state but

eventually he would return them to china. carol: he is doing that. he has brought them to china. guest: he hasn't briny back. he has 19 animals in south africa. the question is what happens to those animals now. they have a great home. they have a wonderful reserve. they are in great condition. the question is what happens next. finding space with them in china, arranging for them to be sent back. carol: the chinese want them and have been working with him to do that. guest: his project has quite a lot of attention and china. the tigers are hugely important animals. .e's had them for 10 years now there is genuine pressure to bring them home. toot want them to come back china. -- it is a difficult thing to do. they are solitary animals. they need space to hunt. there are not enough spaces with good habitats for them to go. carol: it is a fair amount of drama. he has a girlfriend, former wife , he's going through a divorce. that is woven through your story as well. 3 he is a -- guest: he's a passionate, driven man. that leads them to be successful. but that leads and a falling out

it took place at four different venues in china. it is one of the biggest broadcasts in the entire world. a group of residents are beating the huge bell at midnight as fireworks lit up the night guy. >> you are watching france 24. let's take a look at top stories. tens of thousands of syrians stranded on the border with turkey. the german chancellor is in turkey to press for tighter border control. >> more miracle survivors in taiwan. an eight-year-old girl and her aunt are pulled out of the rubble 60 hours after the earthquake hit. final campaigning is underway in new hampshire before voting kicks off in tuesday's primary. it is time for business news. on theesh new data indian economy has just dropped. will: we saw this come out a moment ago. india is still the world's fastest-growing economy. some economists will be skeptical over this recent data. the growth figure might be somewhat inflated based on how the data was gathered. >> how are the markets looking today? will: we are seeing not a very pretty picture in europe. markets

the company has about 5900 restaurants in china. here is how the new china unit will look. kfc will contribute three quarters of the operating profit. he's will make up the balance. yum expects this business to deliver 15% eps growth. its profits will also feed into the other company called the new yum! brands. this business will target 15% sure how to return made up of 13% eps growth and a 2% dividend yield. new yum! unit and the brands generated at least $6.5 billion in sales in 2015. yum will be reporting earnings after the close today. m is down by about 2% and change over the past year. all in all come investors pretty lukewarm on yum! brands performance. for more on the stock, let's check in with julie hyman. julie: i'm looking at it from the stock perspective indeed. shares falling along with the rest of the market. down about half a percent. the shares have fallen over the past year. not a huge decline, but a decline nonetheless. if you look over the past year, that performance is better than a bloomberg index of american restaurant peers. the index and green had fa

leading environmental activists and journalists in china. when my friend liu jianqiang said he's becoming a buddhist, particularly a tibetan buddhist, i was very curious about why. we'd already decided we would make a little documentary that would sort of show people what it is that has attracted him, but when i asked him just in shorthand, you know, what is it that you're looking for in a religion, in a faith, in a culture? and he said, well, you know, for 15 years, he said, i've been reporting on the environment, and in that time, everything is still getting worse. so you begin to feel like what's the point? you know, we're exhausted, we're burned out. and he said i needed something more enduring, something for the longer term, something that would allow me to have a little bit more faith in my own work. well, i asked liu jianqiang, how would we show people what it is about the tibetans that really appeal to you? and he said, well, you should just go talk to one of the tibetan monks, the kind of person that i met all the time up there. so,

route appointment in china. they will have about 9% of their capacity in china this year. carnival, about 5%. not significant, but a significant growing opportunity that will carry caribbean prices. ahead, oil is sliding, having its worst two-day drop since 2011. stocks also plunging. is this the new normal? ♪ david: from bloomberg world caters new york, this is bloomberg markets. -- from bloomberg world head quarters york, this is bloomberg markets. launched theirns latest doomed attempt to kill president obama's health care overhaul. legislation cutting much of the law and also ending federal payments to planned parenthood. torepublicans are poised hold another vote today for the 60th time to repeal obamacare. it is almost like it is groundhog day. it actually is groundhog day and they are doing it again. mark: this is the 62nd time the house has voted to repeal the affordable care law since republicans took control of the chamber in 2011. beating back a strong challenge from senator bernie sanders. the iowa

north korea is betting that china, there is nothing they can do to anger china so much that china will cut off its lifeline to north korea. jane: a different story in the u.s. where they are talking about sanctions. how effective are the sanctions? it does not seem to have an impact on leadership. be more effective. the new bill is an important step. it will strengthen secondary sanctions on chinese companies oft are doing all kinds trade and deals with north korea. it will pinch north korea. it will not change their strategic calculus. the only thing that would change that is of china stopped providing them the political and economic support. jamie, thank you very much for joining us from new york. you are watching "bbc world news america." for 500 years, the world has been fascinated by his paintings. a new exhibition highlights his work in the home of the netherlands. between rivalrawl drug gangs sparked a deadly riot leading 50 dead near monterrey. the violence comes ahead of a visit by pope francis. katy watson has more. as daybreak roque, family numbers called out for their loved

china is also improving. nejra: germany's finance minister says he opposes any stimulus plan from the g-20. he wants to focus on structural reform to strengthen national growth rates. hasays the monetary policy been exhausted. he warned using debt for fund the growth just leads to zomba theng -- zombifying economy. meanwhile, jeff gives measure of consumer optimism has plunged to the lowest in over two years. against thefalling dollar and it is heading for its worst week since 2009. football's world governing body chooses its next president today. the five candidates are making the final pitches. all say they're committed to restoring fifa's reputation. blatter's seven your presidency was cut short banks to scandals. the catch up on these markets. haidi, all of the world is focused in your region. haidi: that is right. the world, increasingly, is listening very carefully. he did speak to try to bring some sort of calm to these very volatile markets. the pboc regulators have been doing a very poor job of the c

china has been accused of a currency war to boost exports. china denies that. no signs of panic over what is happening to the economy. quite the reverse. if you go to some of the side streets, people are spending and spending big. the chinese government is hoping that in many ways the consumer will be the saviour of the chinese economy. >> one of the world's most iconic steam chains made the most awaited return to the track. the flying scotsman underwent a refurbishment at a cost of under $6 million. it set off from london to york. emma heyward is on board. >> it is the symbol of a bygone era when rail was king, and almost 100 years after the flying scotsman made its debut, it's back on the track. with thousands turning out as it made its long journey from london to york. >> this is a deep appeal, and it's elemental. it's fire and water. and it really is something deep within the d.n.a. in its heyday this locomotive was a record breaker, the first to hit speeds of 100 miles or 160 k/hr. it's modern name sake can travel twice as fast on the same line. >> what th

you talk about momentum in china. we just got this disastrous week with pmi coming out from the mainland. services, we did see continued expansion, but is that going to offset the old drivers of the economy, or do you still see there is going to be this really big tug-of-war and transition phase for china? peter: well, i think what is reflective with china is global. there is a big split between the opportunities for consumers generally, where conditions are improving but real incomes are beginning to rise, low commodity prices, and in many places, fiscal policy is finally easing, and by contrast, the manufacturing and industrial economy, like the structural headwinds are really very intense because of the fourth capex, butng cuts in also cuts in capital spending in emerging economies, so that is put between the relatively strong consumer and the weaker industrial economy. i think it still has to play out. some sectors are we would need to of work, but what about possible strength and green shoots in 2016? peter: are

china needs to be with us. and we're going to go and talk to china and explain and work with them so that we can get international pressure to isolate the north korean regime until they change their course. it's critically important to our security, but also to the people of north korea. so i thought this debate has been in the best tradition of the united states senate. again, we have the architects, as senator kaine pointed out, of drafting this bill. senator corker's leadership clearly set the climate in our committee so that we could have that type of debate. i'm sorry that no one here could sit in on some of senator corkers and senator menendez's meetings as they were negotiating specific terms of the bill. each had their views but they listened to each other and they recognized by listening to each other, they could come out at the end of the day with a stronger bill and as a result our two colleagues, we were able to reach that common ground and i think very shortly we're going to be able to show the peo

>> >>> tension in the south china sea today. china accused of sending missiles to a contested island. >> the presidential candidates unleash their harshest attacks in the battle for votes, since carolina >>> and a report that federal bureau of investigation wants apple to help them hack the san bernardino murderers cell phone. apple says no >>> many visit the mexican-american border - the pope visits, but not before schooling the crowds >>> new provocation in the south china sea this morning. the pentagon and taiwan say beijing put surface to air missiles on a dispute island and it happened as president obama was meeting with south asian world. welcome to your world. i'm stephanie sy. >> i'm del walters, china's foreign minister says the western media is hyping the issue but does not deny the presence of the missiles. it's been detected on woody island. they are claiming the island and china is building on it. >> reporter: china's response bears scrutiny. the foreign minister in a statement said western media was hiving or manuf

china's accused of surface to air missiles from its islands in the china seas. >>> pope francis visits what was once one of the world's most dangerous places. >> welcome to the program. first, to turkey where at least 28 people have been killed in an explosion in the capital of ankara. the blast appeared to be caused by a car bomb that was detonated as vehicles carrying military personnel stopped at a traffic light. >> the hard of turkey's capital rocked by a massive explosion. only four months after the last deadly bomb attack in the city. the governor of ankara said that this blast had been caused by a car bomb. the security officials say initial signs indicate that the kurdistan workers party the pkk may be behind the attack. >> the purpose of this attack is to intimidate our country and to inflict fear in our citizens mine minds. our citizens should be united because the terrorists are aiming to divide us. >> it's not been an isolated incident. in the past few months there have been four bombings in turkey. a saudi born syrian suicide-bomber blue himself up in the histori historic.

already china and the u.s. had been discussing new security council resolutions based on a north korea nuclear test last month, but those new resolutions were moving very slowly, but now the security council is faced with this new issue that has fallen right in their lap that they now have to deal with. on sunday it's going to be very interesting to see how all sides position themselves, especially china. historically north korea's strongest ally >>> u.s. republican presidential hopefuls have squared off. donald trump was back on stage. seven candidates took part in the debate. our correspondent has the latest from new hampshire >> reporter: the big story coming in this debate was marco rubio and the momentum he generated from his third place finish in iowa. that made him the first of attacks. donald trump is ahead of the polls and believes he will top the polls come tuesday. ted cruz is trying to build on the momentum of his win in iowa. jeb bush, john kasich, they all did well, chris christie had a goodnight,

bhanu: china. that is partly where much of this is coming because the oil price is a sentiment of lack of demand. changing technologies in a sector which consumes oil more than any other sector. that is one of the reasons why i think analysts have to be humble about being able to predict the oil. it has not yet reached havoc in emerging markets in the same way it has in the u.s. high-yield market. if you look at emerging markets credit which is where many investors -- it is not in the equities, it is in the credit space. that is why you have not seen the defaults. it is what do hurt the sovereign even chilly good -- sovereign eventually. the sovereign biggest to suffer, unlike the u.s. high-yield market. it continues to come down. here you are copper much in the credit of mexico, malaysia, russia. compromising the credit of mexico, malaysia, russia. the infection is slower but it is much broader in emerging markets. that is something that is not in the prices yet. i think we're going to continue to

indeed, china's reclamation and militarization in the south china sea together with china's rapid military modernization and expansion are making it more difficult for the united states to defend our allies and our interests from military aggression. simply put, the administration's policy has failed. beijing has been willing to accept a high level of risk to achieve its strategic goals. meanwhile, white house's risk aversion has resulted in an insii indecisive that has alarmed our allies. shaping rather than reacting to beijing's actions will mean adopting policies with a level of risk that we have been unwilling to consider up to this point. the administration must initiate a robust freedom of the seas campaign flying and sailing wherever international law allows. this should include freedom of navigation, operations, designed to challenge china's excessive maritime claims as well as joint patrols and exercises with our allies and partners that span the island chain. we must also maintain our commitment to continued sensitive reconnaissance operations which are critical for gathering mil

power becausedous china is sucking as dry and without us, we have rebuilt china. they have taken our jobs. thousands, millions of jobs. millions and millions of jobs. thousands and thousands of factories have closed because of china. it doesn't do us any good. by the way, they sell our -- they sell products. you try putting your product in china. you can't do it. boeing tried it and they made airplaneilt a big complex and they kept all of the intellectual property. and now boeing will have this massive place in china and they will not have to build airplanes here anymore. how does that help us? it will be a whole different ballgame. we have power over these countries. yen, they takes the have a very smart leader and i get along with him great. he will like him. he will respect us more. bank in theiggest world as one of my tenant. sell millions of condominiums to chinese people. i like china. i like japan. i like them all. what does that say? oh. that is ok. that is not a protest. that is a friend. a very hostile voice for a friend. anyway. what we have to do -- [c

china claims most of the south china sea, but several asean nations say several areas belong to them. china's foreign minister justified their activity in the region. >> translator: what we do on the islands is construction work that is limited, necessary for the purpose of self-defense. this is based on the rights of self-defense regulated by international laws. >> taiwan's president-elect has called for calm. >> translator: we call on all sides to resolve the dispute over the south china sea in a peaceful manner, self-restraint is most important. >> japan's defense minister also weighed in. he said japan will work with other countries to keep the sea open and free. >> translator: yun lateral acts to change the status quo, such as the construction of bases and the use for military purposes will raise the tension in the area. that's a matter of mutual concern for the international community. >> nakatani says japan will keep monitoring china's activity in the south china sea. >>> space researchers have launched a new tool in space. nhk takes a look at how it works. >> reporter: this is

a big selloff in china overnight. breaking the last 94, pboc announced its cutting the reserve, ratio for all banks. joining us now is fred neumann, head of research at hsbc. good to see you. >> with that timing now from the pboc -- >> just as we came on. >> you still have plenty of levers to pull if necessary during the g-20 meeting. clearly, he's doing a bit of that today, but how significant is this? the monetary policy changes they've done this year, they haven't taken as much effect as they did in the past, has they got that much as he claims he. >> well, it's not going to be that helpful for the economy. what the economy is needing is more demand. it's important to signaling here, remember in january, the pboc said we're not going to cut the triple arc. worried about output. and accelerating, and now confident about capital outflow and change rate and coming out of g-20 saying we're going to do our bit to help the global economy. >> can you just put this in the context of all the liquidity measures? it feels lik

when we move to china and start operations in china in 2005 you look at e-commerce with less than 0.1%. today is 50% of retail is done online. and that percentage only rising. at the same time, e-commerce and total percentage of gdp in china is less than 3%. so you do see efficiency happening. it will take time to get there. >> the growth in the e-commerce sector aside that's a story that we have been paying attention to for several years at this point but the people's bank gedependi on what they do and what they say have the ability to change the entire story for how to global investment community views what is happening in china. do you they they need to get better at communicating or communicate more about what they're doing so that there is a clearer picture of what's happening in china? >> that's a fair point. i think more of a confidence and pr issue. i think that the government is now talking about it more and talking about efficiency market based changes. especially encouraging e-commerce sector and internet sector more. more of that needs to be done. even look at the presentat

them against china. in addition to having the predominant military power, we have all the friends and allies. and many more wanting to do more with us. charlie: can they be confident that we will come to their side of china threatens them? sec. carter: if they are treating allies, may have that written in to our treaties. we have treaties with the number of allies over there. look at our military capabilities in the investments they will see our determination to keep that role. in keeping that role, china like russia, is a country i have worked with a lot over the years. i've many friends in the chinese military and i am not one of these people that believes that conflict with china is inevitable or likely. desirable.inly not but there is a tendency in part we need to not only be an important part of the region, we need to dominate the region. impulse that the united states naturally will provide a counterweight to. charlie: you are saying to the chinese, we will not let you dominate in the region. sec.

, they have moved from rural china into urban china. have they been able transition them to become real consumers? if they have, at what rate are they consuming and what economic growth is that creating? that is a big mystery to the markets right now. >> that is a very slow process. , you couldn from 12% see it coming. why are people panicking? is there a need to panic? >> first of all, this has all been highly telegraphed by the chinese government. 20-30 yearsg about of policy, building infrastructure, inhabiting the cities, creating consumption, so none of this comes as a surprise whatsoever. ofs is happening on top unfortunately a slowdown in many of the other developed economies around the world. it may be just bad luck. it may be bad timing, but the reality is that we need a strong growing economy in the world to drag the other economies along with it. we have relied upon china for so long to be the big growing economy out there that without china growing in double digits or high single digits, the world is unsure where to rely upo

in light of what is happening with china -- and i don't want to call it a slowdown because china is still growing handsomely in some measures. atting eighth deal -- getting deal like this through is not just about the hurdles. any is the risk that acquirer faces in the current environment. jonathan: in some ways you can equate this to what the chinese is doing with oil. they are buying as much as they can. the expectation is they are putting it in storage. they are going out and buying assets around the world strategically. you wonder therefore, how the governments will see this. maybe there is not a direct security length. never the less, this is a clear strategy by the chinese. this is a clear opportunity. in thechinese are savvy way they have been managing their economy. they have been diapers the fine i -- they have been diversifying for quite some time. they have diversified in foreign .oldings in foreign currencies they have the greatest reserve power in the world. this is part of an ongoing diapers of location story they have had for many years. jonathan: i know you can't talk stoc

this china? >> it's a large and important market, of course. we [indiscernible] haslinda: are you keeping a close eye on the economy? will that slow down conflate to slower spending? >> [indiscernible] haslinda: you've been undergoing a restructuring to streamline this operation. where are you? >> we have achieved all goals for last year, [indiscernible] haslinda: your non-core business -- what is the status of that transaction? >> that has been accomplished. we managed to [indiscernible] haslinda: so is that flexibility -- are you done? >> for the majority of that, [indiscernible] people in the industry say that it is a very competitive environment. why do you have an advantage? >> our advantage and innovation is in our [indiscernible] haslinda: and going forward, given the environment right now, we have cheap oil. how is that translating in terms of what your business is doing? >> [indiscernible] haslinda: all right. we have to leave it there. the defense area -- angie: all right. thanks so muc

will still be a china devastated as it is. would it be possible for us to automatically withdraw our troops and go home or will be have -- or would we have a policing job to do for a long time thereafter? general gavin: there is no doubt there would be hundreds of millions of chinese left he would be in dire straits. many of them very ill from the effects of the use of nuclear weapons. the whole base of food production and food availability, the economy, the agriculture would be laid flat. i assume we would have some responsibility for trying to get the situation straightened out. it would be an appalling problems deal with. would that not also be an appalling drain of the economic resources and the manpower of our country? general gavin: no question about it. >> i will take the possibility of red russia getting involved. i'm surprised the number of people who seem to think russia would not come in. we have a duty to giving some thoughts of the problem of if she does come in, what our position would be then. if russia should c