it's not a trivial number but it's less than 5% of china. that china cannot sell to china. they're constantly trying to find ways to do. you can't sell an ipad to a person who earns $3 a day. they are the hostage of the west. the gun pointed at the head of china is the rise of the american savings rate because every dollar not spent at wal-mart is taken out of the chinese side. the chinese are desperate at times to stabilize the system by increasing exports. the current profit margin is 1.7% of chinese exports which i think is high. >> host: even the chinese official will tell you not necessarily to believe the statistics. >> guest: which means they are exporting at almost costs in order to prevent the thing they're most afraid of, and unemployment. they can't keep up because at this point the chinese trade rates are higher than those of mexico. if you take a look at shirts, you'll find mexico and philippines on a. not time. china has lost a competitive advantage. like japan in 1990, we saw them by rockefeller center. >> host: you are very bullish on japan. >> guest: it is

in china is different than k.f.c. in america. >> well, if you were in china and you walked down the avenue of eternal peace and you see a k. f. c., it will look very similar from the outside. but if you walk inside and go up to the counter or take a look at what the people are eating, you'll see it's a completely different operation. and you'll see people eating, sure, you'll see them eating fried chicken, but you'll also see them eating something called joe, which is a kind of rice gruel with ingredients such as 1,000-year-old egg inside. you'll see them eating a thing called a dragon twister, which is kind of a peking duck sauce thing, the men you is completely different and that's why they've been so successful. >> tom: so adapting to what the native taste buds are like. yum has expanded quickly in china, you detail this in the magazine. it now has 10% of its restaurants in chin a. what's the goal ultimately for the footprint? >> they think they can get to about 20,000 restaurants. but by 2015 they'll be getting so

that china cannot sell to china to try to find ways to do it. you can't sell in ipad to a person veterans $3 a day. they are the hostage of the west and a gun pointing at the head of china is the rise of the american savings rate. of course every dollar not spent at wal-mart is taken out of the chinese. the chinese are desperate at times stabilizing the system by increasing exports. the current profit margin in the finance is 1.7% on the chinese exports which we think is high. >> host: even the chinese officials will tell you not as easily to believe their statistics and the liberal -- >> guest: which means they are exporting almost cost in order to prevent the things they are most afraid of, and planet. they can't keep that because at this point, the chinese rates are higher than mexico. if you take a look at the shirts you'll find mexico and the philippines have it, not china. china has lost its advantage. like japan in 1990, when we all believed in the massive japanese superstates taking us all over we saw them by the rockefeller center. >> h

we are rebuilding china. you go to china right now they are building the biggest airports in the world, the best everything. and in doing it, because we buy so much of the product. and the reason we buy their product is because their currency is so low and they have it artificially so low that it makes it almost impossible for companies to compete. i tell you the one thing that's very important. our companies make a better product. it's very important to know we a better product. [applause] was steve "forbes" and the disney weak statement continuing to shape the united states is an right now, we need a competitive person. we need a highly competent person or we are going to have very, very serious trouble very quickly. [applause] ism on numerous occasions that we should watch china and opec because by the way, worse than china, worse than everyone, opec. they are truly ripping us. and you know, i wrote it down is coming over here today -- would've many people in the cars cars that my gosh, look at that. he di

he get to china. the americans did department told him in no uncertain terms as an american national he could not be the head of the chinese army. he was somewhat embittered about this. his failing health came back. into a fury he suffered a severe stroke. well, he went back to california with every expectation of regaining his health and rejoining sun yat-sen. sun yat-sen by this time had given up the presidency to avoid civil war and led a chinese general taken for the presidency. homer lea died in november of 1912. that phase of his career was pretty short-lived. he reached the pinnacle of his desires and goals to be a real general of a real army. he came very close. along the way he embarked on a number of different adventures with chinese performers and revolutionaries. his next -- excuse me. as you can see here, these are some voters of homer lea in various military and see the military guard. the one on the left is when he came back to china right after the box rebellion. the middle fatah would

china town has a large older population. more than 30 percent of china town are 65 and older twice the rate of san flrancisco population. how do we get the home bound seniors eshg vac wait. how do we find out if they are okay? another thing is language and cullural issues. a percentage of china town residents are what we call linguistically isolated meaning no one in the household age 14 or older speak english well. what this means is that all our response plans have to keep in mind that factor the signs and volunteer workers need to community in cantonese and mandarin. our trainings have to be cond t conducted in multilanguages. we convened a preparedness committee composed of organizations in china town. includes the we are fortunate to have 3 medical facilities in china town. chinese hospital. public health center 4 and we also have northeast medical service. these 3 organizations are part of our response network. we have the senior care organization such as self help for the elderly. senior health. the housing service li

so china saying four dollars of debt for every dollar of g.d.p. but once again it's based on forest that don't exist. you know pork buns then are made of cardboard rice from made of plastic. marriages fake cities there are city less cities go to cities in china i want to say i worked on farmville you know thirty seven virtual credits divided by an i.m.f. dollar and s.t.r. people on me explain something to you the only natural resources of the globe that are the basis for the global economy are disintegrating until you come to terms with that no amount of virtual credits on the farm bill is going to save you from extinction and then finally one quick headline here the other component of this global ponzi or go on the scheme if we want to call it that my credit card had seventy nine point nine percent a.p.r. so this is talking about in america first premier bank has launched a new credit card with a sky high seventy nine point nine percent interest rate the card has proven popular with consumers over seven hundred thousand people applied for this cr

so why is it that china is such a big market for you? >> we started in china before many foreign companies did about 12 years ago and we built good relationships with with the government and good relationships with with our partners. the people in china love imax. i think it an affordable luxury. but it is an affordable luxury, you could go to the watercooler. i would say when i go to china our brand is much more kind of revered than is almost anywhere else in the world. at the same time, china's screen count is gone from 6,000 today to 25,000 in five years, to 40,000 in ten years. >> susie: that's amazing. >> when you have that kind of explosive growth and we attach our tof-- ourselves to it, it's not that hard. >> susie: richard, we have a clip of the new pirates of the caribbean movie coming out in may. and i just want to know, i know will be seen on imax. how important is that going to be for your bottom line? >> well, we have 20 films in a year. so we have the ability if one doesn't perform as well as a portfolio, usually pretty goo

it's less than 5% of china. that china cannot sell to china. they are finding ways to do it. you can't sell an ipad to one who earns $3 a day. they are the hostage of the west. every dollar not spent at wal-mart is taken out of the chinese hide. the chinese are desperately stabilizing their system by increasing exports. it's 1.7% on chinese exports which i think is high -- >> host: i was going to say chinese officials tell you not to believe their statistics. >> guest: which means they're exporting almost cost in order to prevent the thing they are most afraid of, unemployment. they can't keep up because at this point the wage rates are higher than those in mexico. looking at shirts, you'll find mexico on it, not china. china's lost its competitive edge. like japan in 1990 when we all believed in the massive japanese superstates taking us over, and we saw the rockefeller center -- >> host: you are bruceed on japan. >> guest: japan has come through a 20 year period in which it achieved its economic goals. it had a choice between having a crunching recession, unemployment, and

and that's why in 2010, when you look at china and greater china, you're talking about hundreds and hundreds of cars shipped last year, right? >> yes. we shipped almost 300 units. and overall greater china has become the 50 biggest market for ferrari. >> so more than 500. close to 700. >> to china. >> let me ask you about the brand and the craftsmanship. because the brand prides itself on that craftsmanship as you just said. tell me about the customer experience. how many people does it take to make a ferrari? how is it done? >> every ferrari in the u.s. is different from every car. every customer like to customize his car. he manage on top of the msp, every customer spends almost 40,000 to make it his own car. we have customer say please, make the interior of your car like this. so i think more and more people showing 2010 is looking for something is semi exclusive, semi unique. they don't want to go to their golf club and see the same car in the parking lot. this is one of the keys of success of our brand. >> really trlg. so the state of innovation is alive and well. >> yes. we talk about

it's not a trivial number but it's lost in 5% of china. that china cannot sell to china. they are trying to find ways to do it. you cannot sell an ipad to a person earns $3 a day. they are the hostage of the west, and the gun pointing at the head of china because every dollar not spend at wal-mart is taken out of the chinese. the chinese are trying to stabilize by increasing exports. the current profit margin finances one plight 7% on the chinese exports which i think is high. >> host: even the chinese officials will tell you not to believe the statistics. >> guest: which means they are exported almost cost in order to prevent the thing they are afraid of, unemployment. they can't keep that because at this point, the chinese rates are higher than those of mexico. if you take a look at [inaudible] china lost its competitive that vantage. like japan in 1990 when we all believe in the massive japanese superstates taking us all over, and we saw them by rockets on the center. >> host: [inaudible] >> guest: japan has come through a 20 year period in which it achieved its econom

>>nath: well china started 16 years before us and china has done a great job on its urban infrastructure. we concentrated on our rural infrastructure. if we take our road programme connecting villages in india, in the last ten years, it's one of the largest programmes ever undertaken. so the model of china is different to india's. so china's started with urban centres and built a huge, great, urban infrastructure. so we want to have the same kind of infrastructure china has. >>friedman: got it. let's move to your new portfolio, you are now minister of urban development. what are your goals there? >>nath: well, this is one of our biggest challenges because 60% of our gdp is from urban habitats. by the end of the decade we'll have 550million people living in urban centres. 550 million people >>friedman: in just 10 or 15 cities? >>nath: we will have about 70 cities with more than 1 million. we will have about 6 mega-cities, 10 millionplus and the real face of india will be urban india, the urban centres. so it is hugely important that all our cities today have exceeded their carrying capaci

for the average person in china is 10 times poorer than t he average person in japan. >> china's success blazes across the sky. for the last week, a country has been marking the chinese new year. there is much to celebrate here. it is a country that has seen dazzling growth and is now the world's second-largest economy. ♪ china's growth has been built on exports making whatever the world wants. for this man and his wife, violins or a family trait. 13 years ago they sent up a company. at first they had three employees. now they hire 20 workers and own a factory. >> in the past we would struggle like everyone else but now we have two cars and no longer live in a small house. >> the workers produce 200 violence every month. the cheapest is sold for $100. the most expensive is seven times more. it is time-consuming but profitable in a country where wages are still low. workers cannot afford to buy the violence that they make but the chinese government wants to increase salaries so people spend more. he has worked in the factory for a year. he lives in its dormitory and is one of the millio

across the korean peninsula, northeast of china. light snow flurries in and around beijing but further south for the southern sections of china lots of rain. this rain band is then going to be heading into the east china sea and then into japan later today, so although it does look dry right now along the pacific side of the country, we will start to see that very cold rain and snow spreading over the region from tonight into your friday. here is the outlook into your friday morning, you can see many areas picking up snow, up to 40 centimeters is possible up in hokkaido, down towards the west looking at 20 centimeters and even in central portions including kanto we're looking to receive up to 10 centimeters so looking at substantial amounts of snow to really affect a wide area and that's going to last throughout your friday. we've got 9 degrees in tokyo today and cold in seoul and beijing, temperatures struggling to rise and 5 degrees in shanghai so rather chilly here as well. now we take a look at the americas as well, the cold arc

>>jiafu: since china and asean have signed the "10+3" agreement, asean became china's biggest free trade zone. since the agreement took effect, china and asean's trade increased rapidly. as a shipping company,we have seized this opportunity and increased our shipping volume to asean. >>reporter: it's an understandable association. china may be asia's biggest star but asean represents a huge market right on the doorstep, with a larger population than the eu and at 1.7 trillion dollars larger economically than india >>bergsten: quite naturally the strong growth poles china and india in particular are sucking in the countries in their neighbourhoods by pure gravitational force. lots of market development in china both on the import and export sides. >>reporter: of all the asean countries, perhaps the most prominent is indonesia... growing strongly, home to 240million people and awash with reserves of copper, tin and coal. its rising strength highlighted at a key note address by the president. >>yudhoyono: asia is of course more than china, japan and india when you think of asia, also think

and the state of california maintains its leading position in exports to china. in the fourth quarter of last year, california exported x 0.8 billion u.s. dollars to china, which is 28% more than the same period of last year. 35% is from the bay area. the year 2010 is also a very remarkable in the relationship between china and san francisco. last year, shanghai and san francisco celebrated the city's anniversary of the sister city relationship. three mayors of this city led a large delegation to shanghai and inaugurated the grand opening of the san francisco post at the world expo. they open their second office in beijing. last year, we maintained frequent exchanges and close cooperation and achieved new, substantial results. in the context of the new year, you have already had a promising beginning. as you know, one month ago, chinese president hu jintao paid a visit to this country and held productive talks with president obama. both our leaders declared their commitment to building a cooperative the partnership based on mutual respect and mutual benefits. his

china's influence in africa has deeper roots. i am writing a short stretch of one of the longest railways of the continent. it was built by thousands of chinese laborers back in the 1970's. there is a huge pride in communist china. >> how did you feel that it was suggested that you come here to work on the railway? >> [unintelligible] >> china's support for tanzania was based on socialist solidarity. now it is raw capitalism. the end of the line, i met the director of the railway. how does china compare with other countries in terms of making investments? >> [unintelligible] and an easy access to funding. >> and now the chinese are coming in, they feel upset? maybe jealous? >> [unintelligible] between the west and china. >> of the chinese attitude africa is very different from us in the west. china doesn't see where countries in need of help, it sees business opportunities. in the army of chinese entrepreneurs intends to claim as much of that market as they can. >> that is all for this week. >> funding for this presentation has b

imitating an imitation of a china man. such acts of racial ventriloquism in which a white actor will play an asian or native american or black character, this is racial ventriloquism. especially this kind of yellow face. became a release for the issue in the reception of charlie chan as we all know. especially after the civil rights movement and asian-american protests in the 60s and 70s. and charlie chan has been somewhat taboo for many asian americans for many good reasons. that is the period when american children were still seeing these jump rope songs like china man sitting on a fence or neighborhood kids would come to you if you're in a neighborhood and to charlie chan imitations, so those memories are really painful and impossible to erase but we also have to understand that is also a period that charlie chan's image was tarnished and i will explain why. in that kind of -- right after world war ii. the last charlie chan movie when it was being shown around the country in the summer from 1949 there was also the momen

. >> china's success blazed across the sky. for the last week, the country has been marking the chinese new year. there is much to celebrate here. it is the country that has seen dazzling growth and is now the world's second-largest economy. china's growth has been built on exports, making whatever the world wants. for this man and his wife, the violence are a family trade. 13 years ago, they set up a company. at first, they had three employees and worked from home. now they hire over 20 workers and run a factory. >> in the past, we would struggle like everyone else. now we have two cars and can afford something much bigger. >> the workers produced 200 violins every works -- every month. it is a time consuming task, but profitable in a country where wages are still low. as things stand, the workers cannot afford to buy the violence they make. the chinese government wants to increase salaries so people spend more. "this man has worked in the factory for a year. he lives in the dormitory and is one of 200 million migrant workers.

so in china, even according to china's own security services, there are already tens of thousands of incidents of public unrest throughout the country each year. china is determined to suppress any peaceful gatherings and is illegally detaining prominent lawyers, activists, and even their family members, including the wife of detained nobel peace prize winner liuxiabo. beijing must know these protests are so numerous and widespread that it is only a matter of time before they begin feeding each other and sparking into a larger uprising. >> what do you think should be done to improve the situation in asia? >> there is only one solution to prevent such a scenario, which is reform. so this is a time for china and other asian governments to start reform by allowing independent, judiciary, and free media. as a democracy in asia, japan needs to press the chinese and other asian governments to start reform, to expect -- i'm sorry to expand respect for human rights and freedoms. that's the only -- that's not only necessary for japan but benefit people and the government in china and elsewher

the increase is due to the continued boom in china. another factor is the inflow of surplus funds of global markets following the extra money boosting measures by the u.s. central bank last november. the chinese office says illegal hot money inflows behind the country's economy overheating and seen in higher real estate and goods prices. the office says there are cases where money that's more than the actual value of chinese exports was sent from abroad. also some illegal money comes in as fake investments. >>> the eu given the ahead to a free trade agreement with south korea. on thursday, the european parliament approved the deal with majority support. the court will take effect in july this year. the eu and south korea had signed the agreement back in october 2010. the trade deal calls for the gradual elimination of five years of almost all tariffs on industrial and farm products between the eu and south korea. the current tariffs up to 14% on electrical appliances reduced to zero. products include autos and televisions. the approval

he added that china understands this well. working level military talks between the two koreas broke off last week with the north showing no signs of moving toward denuclearization. >>> japanese ast out in koichi wakata has been named commander of the international space station to serve for six months from 2013. he's the first to be chosen from outside europe and the united states. wakata is scheduled to fly to the iss on a soyuz spacecraft at the end of 2013. he leads a multinational crew from 15 countries and plays a significant role in the operation of the space station. wakata has been to space three times. he also completed a long-term mission on the station in 2009. he now heads a division at nasa in charge of astronauts. it's believed japan's two successful unmanned space launches could have contributed to wakata's appointment. wa ta ta says he will put all his efforts to prepare and train for his new task, based on his previous experience. >>> a group of japanese novelists has asked the chinese portal site to remove n

my name is jasper, i am also from china, so i have, also, one question regarding china. what specific, like, suggestions or advice do you have for china to boost its consumption which you said is very important and significant job for china to do and to adjust itself in the megatrend of globalization? that's my question, thank you. >> some of you may know that the amount of the national income consumed in america, so consumption as a share of national income in america is something like 70%. the amount of consumption in china as a share of national income is about 35%. so china is producing a great deal, but only a third of what it is producing is being consumed by it own citizens. and that's where china can do more to help itself and to help the world economy. you know, in the 19th century britain and america, which were among the first countries to industrialize -- germany and france -- not one of these countries committed themselves during the period of industrialization to the reduction or abolition of poverty. they may have thought they might be able to do something

and china story here. is it overhyped it where are we in the china story. in your view of things joshua brown china scares me i'm watching chinese p.m.i. now two months of purchasing managers index now down to munch straight not a trend yet but a third month what are you going to say in the meantime all the industrial and base metal commodities are skyrocketing still copper a fresh high this morning as though there's no possible way you're going to get any kind of building slow down there china is the largest purchaser of copper in the world by the way so i think that people or not expecting any kind of slowdown in china and that surprises me because the data is starting to point toward one all right joshua brown thanks so much again for being on the kaiser report thank you max thanks for having me and that's going to do it for this edition of the kaiser report with me max kaiser and states that have written to thank my guest joshua browne if you want to send me an e-mail please do so at kaiser reported r

rights practices in china? >> well, listen, china has transformed dramatically since the days of mao. i mean, i think we're looking for that kind of transformation in iran. if we had iran acting the way china does today, it think we would all celebrate. the fact is that the iranians are marching forward with a nuclear bomb. they're a significant threat and i think the chinese and russians understand that. the coalition, it is a raid against iran today, is much broader, and i think ultimately much deeper than the coalition we've seen against iran in the past. >> gary, a final word on china maybe. >> (chuckles) i don't think we want to get into a conflict with china over iran. we have a lot of issues with china, economic, north korea, iran, all the neighbors in southeast asia, and to put iran at the center and to really heavily sanction china because of its continued drawing of oil from iran is really taking one element of our foreign policy, escalating it above all else, and i don't think that would make sense f

made in china. a bell. made in china. toothpick holder. made in china. the jefferson memorial. a replica of the memorial itself. let's take a look. oh, no. even the american flag pins. made in china. we spent about 400 bucks on souvenirs all over town. not a single one of them made in america. not even my supreme court gavel key chain. the lincoln memorial does sell some made in the usa stuff, but they explained to us, it comes down to dollars and cents. case in point, the hats. all right, two hats, made in america, made in china. what are the prices. >> $19.95 and $10.95. >> reporter: this is almost half the price, but made in china. >> yes. >> reporter: the spoons here used to be made in america. but a couple of years ago, the manufacturer moved to mexico. so, if you wanted to get more of these, could you? >> no. not made here. >> reporter: there is one place we found where virtually everything sold is made in america. the shops at the u.s. capitol. back to the smithsonian. they told us they did find an american manufacturer of presidential busts but it nearly doubled the pri

we begin with this item sent by cctv in china. pandas face a food shortage in southern china's sichuan province. about 60 animal consume about 2,000 kilograms of bamboo a day. the recent heavy rainfall and snowfall in the province affected supplies and the nearest bamboo reserve is now a construction site. the food shortage could worsen as the number of pandas is being increased with the help of artificial insemination. to deal with the crisis, authorities plan to grow more bamboo plants and improve their quality. >>> thailand's deputy prime minister is refusing third party mediation to resolve the country's border dispute with cambodia. the announcement came thursday, a day after france offered to help resolve the dispute by providing maps it made when it ruled indochina. border clashes between the neighbors flared up earlier this month resulting in the deaths of three people, including a civilian. 22 others have been injured in the skirmishes. >>> hi there. it's time now for another world weather update. i'm eva gardener. let's

a lot of the debate about china is about just this. is china proposing some sort of beijing consensus to replace the washington consensus about, uh, about free markets and, uh, i, i don't think so. i think what we see from china, uh, much more is sort of free ridin uh, let the u.s. be the global leader, we really just want to worry about stability at home. so, um, i, uh, i think the contrast between my view and, and richard has to do with how much we see a competitive dynamic, maybe more on richard's part, whereas, i really do think that interdependence is, is the, uh, the driving dynamic of today's world. >> now let me follow up on a question, on a point that you made a couple moments ago, and that is about the u.s. responsibility for the world financial crisis, and you talked about how it's undermined, uh, credibility on the part of the united states around the world. let's check in with our great decisions group in connecticut and see what they say about that. >> u.s. government treasury securities, um, are still the, sort of the go

and china is that the u.s. needs to sell more goods to the chinese and others around the world and perhaps the catalyst for a new round of robust exports will be american innovation. tonight, then two conversations about how technology and american ingenuity can propel the u.s. out of this deep recession. first up, gary shapiro, president and c.e.o. of the consumer electronic association and the man behind the largest tech show in the world, c.e.s., in las vegas. then i'll be joined by david pogue, technology columnist for the new york times and hosts of the upcoming four-part "nova" series here on pbs. we're glad you joined us. a look at technology in the 21st century coming up right now. >> all i know is his name is james, and he needs extra help with his reading. >> i am james. >> yes. >> to everyone making a difference, you help us all live better. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide is proud to join tavis to improve financial literacy and remove -

we begin with this item sent by cctv china. >>> a blizzard dumped up to one meter of snow in tibet, china's south region paralyzing the local road. local police rescued 30 people who were stranded on the st. john tibet highway. some of them suffered altitude sickness and frostbite as the temperature dropped to minus 30 degrees celsius. by thursday soldiers had cleared about 160,000 cubic meters of snow along the highway but many sections remained closed to traffic. >>> bangladesh prime minister inaugurated the cricket world cup on thursday. india and sri lanka are co-hosting the event. over 3,000 performers showcase the cultures of the three host nations. the capital's night sky was lit by an impressive show of fireworks that formed an impressive backdrop to the show. the first match will see bangladesh squaring off against india on saturday. a total of 49 matches are scheduled over six weeks. >>> slrc has just send us this footage of a baby elephant that was born in sri lanka's central province on thursday. look at that. what a sight for sore eyes. other deliveries are expected over the co

china governor forum. so what kind of, is there any specific programs toupt talk about at this time? and what is your expectation on this forum in the future? >> what we are trying to do is establish a relationship through some national government. it's one thing for our state department and the president to work at their level but i for example just led a delegation to china on a trade mission this past fall. china has become the number one trading partner for the state of washington, first time in history. so what we're going to do today is launch a new relationship where governors to governors or provencial party leaders can work together on economic development on exchanging students, cultures and language. because out of that we believe we can grow our economy and in fact we can have a prosperous future. so today we launch that in july. we hope we will see a first delegation of governors from across china come visit us in our national association governors meeting and we're hoping to have a delegation