intersection between china's economy, china's financial system, china's business, china leadership, china security, and i can't think of anyone in the world who pulls these pieces together more smartly and more comprehensively than the team at sea sif. so i'm delighted that they have this book talk and thank you for helping pull this together. so, as i prepared to launch my book for the internet. i was thrilled to be doing it with sea sif. you do a book launch in person, the audience is physically there and they see a moral obligation to buy a copy of the book. when you do a book launch over the internet, perhaps that sense of moral obligation isn't there are quite as strong. so devise an extremely clever mechanism which i'm going to ensure i engineer maxim sales miss event. so before i start my presentation i like everyone to raise the right hand and repeat after me, i tom orlik. and here you insert you the right name. i'm easily pledged after the preparation i'll order a copy of china, the bubble that never pops. and that's a compulsory part of the presentation, the pledge, and i'm not

economy, but the intersection between china's economy, china's financial system, china business, china leadership, china security. and i can't think of anyone in the world to pull those pieces together more smart wily and more comprehensively than the team at csis. so i'm delighted that csis would host this book talk, and thank you, scott and the team there, for helping to pull this together. so as i prepared to launch my book on the internet, i was thrilled to be doing it with csis, but i also had a concern. when you do a book launch in person, the audience is physically there, and they feel a kind of moral obligation to buy a copy of the book. when you do a web, a book launch over the internet, perhaps that sense of moral obligation isn't this or isn't quite as strong. so i've devised an extremely clever mechanism which i'm now going to use to try and insure that i engineer maximum sales from this event. so before i start my presentation, i'd like everyone to raise their right handing and and repeat after me. i, tom orlik, and here, of course, you'd insert your own name, pledge that

china is different. china, the chinese view is that chinese civilisation is good, but it is for the chinese. the chinese are trying to strengthen chinese civilisation to make it once again the strongest and respected civilisation but they would be very puzzled if i said can i become chinese, they would say no, you are not chinese. you referred to the us secretary of state, talking of america and chinese ties, we have seen a real deterioration you could argue because of what has gone over taiwan and the us health secretary pays a visit to taiwan, the biggest visit in a0 years, makes concillatory statements about taiwan, and we have seen recently military exercises in the region by china. so, there is real concern now that as the foreign minister of china warns thais are pulling back from touching upon redlines of the relationship, of course taiwan a big redline for china. do you think we might we actually see an escalation in relations between the us and china? a military congregation possibly? i am very

and china in several areas donald trump has banned the use of china while with any u.s. networks and is pressuring allies to avoid it. both countries are in a trade war and have imposed terrace on is others goes since 2018 in january they agreed on a 1st step towards a truce and signed a trade deal but then the u.s. accused china of suppressing information about coronavirus beijing has rejected that allegation they're also at odds over china's imposition of a national security law in hong kong is abuse of the rights of wigan muslims and beijing's claims in the south china sea you are. let's ring in our panel in beijing we have victor gao his vice president of the center for china and globalization in oxford we have. a researcher at the oxford internet institute in bangkok we have them and he's the co-host of the pod cast china tech investor welcome to your victor when you have trump saying basically that he cannot trust to talk and you have bumpurs saying there is a trojan horse for the chinese intelligence i think the government in beijing should be pretty much concerne

china tech tension. let's move on to the broader specs of this particular story victor do you see this as a tactical move by trump or do you see it as the beginning of a new era we're in gauge mint will be part of the past no i think under president trump and channel u.s. relations have been battered and i think the u.s. decision makers in washington have really spare no efforts in trying to poison china u.s. relations to urge the american people to adopt an antagonistic deal against china while at the same time china is not an enemy of the united states and people in china are very much friendly towards the united states this gives me hope that in the medium and longer term china and the united states need to figure out a way to get along with each other whether you like the other or not that's another issue but the only option is to get along with each other anywhere in washington is indulging in fantasy if he or she believes that u.s. can manhandle china without any consequences there will be conseque

china, communist party, people's republic party of china. unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. not just an economic room but in many realms. it has been a force in the global economy that undercuts the resiliency and strength of the u.s. economy. china has been one of the world's fastest growing economies. averaging close to 10 percent growth from 1979 to 2016. in 2014, china was the world's largest economy and nursing power bases according to the international monetary. i believe there is a strong bipartisan interest, hopefully we will see that today. in establishing a long-term economic united states strategy. with our allies that focuses on reciprocity and intellectual property theft, and ultimately the united states percent effective, not competing the chinese. in may, the white house issued its document called the united states strategic approach to the people's republic of china. this document stated that the chinese communist party's exp

that taiwan was i was part of china. taiwan was never really always part of china. taiwan has its own government, its own society. as i said, it's a free society, too. and then you may lose this partner asa then you may lose this partner as a free country. and just like you have lost hong kong, you are losing hong kong, i hope it is not too late to salvage. let me and with this question for you. you have been a pro—democracy activist and a critic of beating very very long time. if you are honest with yourself today, look the relative strength, resolve and strategic vision of the united states, the so—called leader of the free world, and then look at china, with its ambitions and strategic vision, which actually seems stronger right now? the very same sentiment can be used to describe the 19305. can be used to describe the 1930s. being a dissident, being a dissident in china for many yea rs, a dissident in china for many yea rs , we a dissident in china for many years, we just a dissident in china for many years, wejust urged a dissident in china for many years,

so words of wisdom found in china notjust applies to china, but also to europe. and that lu kashenko point, though. congratulations on his victory from beijing and from moscow. yep. whatever sun tzu thought 2,500 years ago, the fact that the domination of force in your country can secure you all kinds of victories. yeah, absolutely. this speaks to the world we're living in today. we have a rise in authoritarian leadership which has loosely formed a camp in supporting each other when it comes to crises. but we have also seen, at the same time, the west is trying to form alliances with themselves to counter countries like china or russia. and at the moment, there is no global leadership. and what we have seen is camps and alliances with each other. and a quick word on that, belarus. going back to the russian story that ned was talking about. isobel, a word on that situation and what the outside world does about russia? how many seconds do i have to solve the russia problem? any sign of any kind of organisational coherence from europe and north america on the issue?

now during this crisis with china the d.n.c. for example is attacking russia right so somebody is a give somebody some new pride laughs or an eye test or something to improve their am because they don't can't seem to find which countries which on a global map that seems to be a basic problem geography number one number 2 we look what china is doing with the 5 g. technology and artificial intelligence that are already way past the america at this point beyond what america is going to catch on. do you know should we like we do a climate change where we say you know what it's too late we just have to get used to it maybe that goes to the main thing is to say you know it's too late china's going to be the superpower we're no longer a superpower let's get used to it maybe that's the humane thing to do across well there is something to be said to be drafting off the leave you can actually gain a lot of footing and not situation and also save a lot of energy and it was and i'm better you know places i do think sane something nice that

china knew there was a virus. they cut off travel domestically inside of china between hannon others but not internationally. i completely agree that the take that jim had on this. we can question their intent, but we do know their actions pray they did allow it to spread. they also spread misinformation through their contact it will help an organization. even as recently as she prevented exports of ppe as wel well. there is quite a few things to add to the list there. now what should be the price of that? that's with the discussion gets complicated. first of all we need a realignment. we need a change in paradigm and how we view china. we need to view them as what they are. they are an adversarial relationship. not quite the sold on choate cold war. you could say they wanted to see america implode from within. i'll think necessarily what china wants, the utter destruction of the united states, our economies are too closely intertwined. what they do want is to spread their domestic outlook onto the world. so we ha

and china. manufacturers and customers like apple and other "daybreak asia," companies areech looking for alternatives. over time, we are looking at southeast asia and india the next two years taking more capacity in incremental investments shipping to those country. so over time, china will be deemphasized, but it is not a short-term fix. shery: as far as reaction to results, what stood out? aside fromxconn, commentary with shipping and supply chain, was that their margins were very, very strong. a couple of factors in play. it shows a strong demand was in the quarter, especially for remote working and learning products for people stuck at home. they are buying home networking appointment and servers. that plate well. we also saw product next, higher-margin products as opposed to lower end smartphones, that helped. and there were some one-off factors. but overall, it sets them up for a very strong second half of the year, especially with the iphone refresh. haidi: we can't talk about hon hai wi

ofia exports less amount goods and services from china. -- to china. would have bigger ramifications on trade between the two countries. that just check or about -- debjit chakraborty , from th new delhi. thank you for joining us. this company's revenue declined due to the coronavirus hit. the company reported 20% fewer rides than previously anticipated, but lyft is still maintaining its forecast for unadjusted profit or the end of next year. the quarterly loss excluding tax, interests and other losses, grew to $280 million. cisco slumped in late trade on a weak sales forecast, sign that corporate buyers are spending less in the coronavirus recession. the company expects revenue to fall 10% in its fiscal first quarter which ends in october. analysts have seen a decline of about 7%. the ceo aims to cut expenses by $1 billion through job cuts and early retirement. uber is threatening to close its ride-hailing services in california if it loses its fight of the a state law that would classify drivers as employees. uber is contested legislation, and will a

taiwan was always part of china. taiwan was never really always part of china. taiwan has its own government, its own society. it's a free society as well. and then you may lose this partner is a free country. and you are losing hong kong. i hopeifs you are losing hong kong. i hope it's not too late to salvage. let me end with this question for you. you've been a pro—democracy activist and critic of beijing for a long time. if you are honest with yourself today, look at the relative strength, resolved and strategic vision of the united states, the so—called leader of the free world and then look at china, with its ambitions and strategic vision, which actually seems stronger right now. very same sentiment can be used to describe again in 19305. used to describe again in 1930s. just answer my question about today. being a dissident in china, for many years, we just urged the world, pushing china to a democracy, it's our responsibility, not yours but please don't take the wrong side but now i am telling through your programme, and thank you very much for givin

communist china. the danger is not remote it is present, right now, within our own borders on friday, a chinese national and researcher at ucla was arrested and charged with destroying evidence, that beijing has been stealing u.s. nuclear explosion applications and this just the latest example of espionage and intellectual property theft happening right here on our own soil. he's being sworn in as director of national independence on may 26 john ratcliffe made china one of his top priorities and seen more raw intelligence than anybody in the country except for president trump. he joins me now live for his first interview since becoming d ni, director ratcliffe it's an honor to have you thanks very much for being here. >> good morning great to be with you, maria. maria: so a lot of conversation about you and your latest moves let's talk about that. you gave a briefing to all of congress on july 31. the very next day, we all saw headlines about russia meddling in our economy, which has been the case for

a strategic balance in the region is good for china. it's good for people living in china. it's good for their jobs. it's good for their investment. it's good for their education. it's good for their outlook. we want that and we believe that that is achieved through a balance in the region we can have everybody to share. >> the next question from edward. please unmute yourself. >> thank you, margaret and thank you, prime minister, for sharing your thoughts today. i'm with the financial times. i would ask you about your comment you said made about china, being in china's interest to have balance in the region. do you share the pretty much consensus view in washington now days that we are in a new cold war with china? and if so, how would you like the next american administration, whether it's a trump administration or a biden administration to handle this cold war? >> i don't know if i'd use that term and the mention rather earlier, he's made some comments on this and-- about the differences between what we knew of the previous cold war and today. i think he did that. and i

between china's economy, china's financial system, china business, china leadership, china security, and i can't think of anyone in the world who pulls the pieces together more smartly and more prohibitively than the team at csis. i'm delighted that csis would host this book talk, thank you scott and the team there for helping pull this together. as i prepare to launch my book over the internet i was thrilled to be doing it with csis but i also have a concern when you do a book launching person the audience is physically their mac the kind of moral obligation to buy a copy of the book. when you do a book over the internet, perhaps that sense of moral obligation as they are or isn't quite as strong. i devised an extremely clever mechanism, which i'm not going to use to try to ensure i engineer maximum sales to this event. before i start my presentation i would like everyone to raise their right hand and repeat after me b& i tom orlik pledge immediately after the presentation i will order a copy of "the bubble that never pops". that the compulsorily part of the pledge, i'm not an unrea

>> we learned a lot in china. one of the big advantages of being a global company, and we operate on all continents and have big business around all major countries, the big advantage is that we learn from china early on how to be able to operate and guarantee the safety of our people, how to observe and understand where consumers are going in terms of their consumption, how to adapt our supply chain to the new reality, and when the pandemic started becoming, going to europe, africa, the americas, we had the protocols were developed in china and south korea on how to operate. all we had to do is translate torything, because you had observe social distancing, for example, within the breweries so you had to operate with fewer people. you had to work from home. you had consumers now not being able to go to bars and restaurants and hotels or travel and in a lot of locations, migrating to the in-home location. consumers are buying more in supermarkets, grocery stores and that had a big impact on the supply chain in ter

china with as. and so-called phase i deal expected to happen around august 5, 61 after the agreement took effect. let's bring in scott kennedy, from think tank csis. to have you. great it seems on every front, whether it is the hong kong sanctions, the issues around hong kong, immunearound tech, how will the train negotiations be, given that tensions are escalating everywhere else? that: well, it is amazing despite the storm, it is now the u.s. china relationship, and whether china or xi jinping want to jump the deal, but with trump, it is about farmers and the sales they can make from red states that helped him in the election. xi, it is about stability and keeping things from collapsing. but it is not fully immune from a downturn in the relationship, so it is not necessarily going to stay forever, but right now, it is hanging on. shery: in the meantime, we just had news that a media tycoon was withted for collusion forces in hong kong. as we continue to see the national security law affecting more

all china. and shareholders of american companies immensely benefited from it go ahead. absolutely as of now china is already the largest patent producer in the world larger than the united states and china has a greater vested interest in protecting our rights or china itself or its companies as well as for companies throughout the world and the chinese economic transformation over the past 40 yes is really achieved by the great contribution and hard work and hard labor of the chinese people into the me we really. take arrester for weekends we rarely take holidays off for example we keep working and this is the reason fundamental reason for the high economic productivity interest and i think if you compare the disciplining or the work. ethics of the chinese people worse is many other countries you will see why china's economic development has been so rapid over the last 40 years and hope really it will continue to accuse china of archaeology rights set is really the wrong tree as a matter of fa

including being able to sue china for damages for the china virus. generally speaking all this legislation attracts i was a senate staffer for ten years when they cared about something they would tell the staff go find cosponsors sometimes i'll say that the cosponsors so these 80 bills are being introduced sometimes with zero cosponsors other than the one who drafted it and they are going nowhere. no hearings. the leadership doesn't put them up for a vote. we are in deep trouble the senators and congressmen come on television. they come on fox news. they see an audience of 4 million people. the host more and more they say senator, how is your bill doing cracks how many cosponsors do you have? at extremely constructive that people don't get away with virtue signaling. i might china i want to stop them here is my bill and here is the people i meet with in china have phd's from american universities i would advise the chinese government president xi daughter harvard graduate others yale graduate. the understand the system extremely well. my last point i

have even threatened sanctions on china for the implementation of that law and china is saying that it will not be dissuaded by this and that its jurisdiction reaches far beyond chinese soil countries like the u.s. and the u.k. and. and canada have even suspended their extradition treaties with hong kong hong kong has separate treaties from the rest of mainland china and in the late as germany has suspended its extradition treaty with hong kong incidentally one of those dissidents are activist wanted by hong kong's national security police forces a pro independence activist and a protester currently seeking asylum in germany vivi gopalan for inside story u.s. citizen samuel choose one of the activists wanted by hong kong police he told i was there the chinese government is determined to stamp out all of position even abroad . i think that i was outrage and really not surprised but this is such an outlandish claim that somehow they have jurisdiction an american citizen lobbying an american government is just completely out of line up spoken to a number of congressional offices and i as

if china making a deal. what do you think of the future of nonproliferation in the region and in the world more broadly from here on out? >> it is a concerning one. there is a piece in the new york review of books talking about the nuclear future reviewing workbooks that have come out recently and none of it looks very good. you point out one of the points that is really important we see a relationship between russia, china and iran has been a strategic document they can agree to between russia and iran. one with china and iran that is being undergone. there are other players. turkey might end up being a part of this exit of the players that try to afford some of the things that are of concern by the united states and america. so i think both as well as how we are working to solve the problems that threaten our security and the security of the world including proliferation of nuclear weapons. we have a lot of work to do and i hope president bush gets to try to do that and i think that he will make tremendous

including being able to sue china legally for damages with the china buyers. generally speaking, all of this legislation attracts four or six cosponsors. i was a senate staffer for ten years print i know how to count on it when senators care about something they can tell the staff go finally cosponsors. i went 50 cosponsors if you want a raise next year, doctor pillsbury i went 60 cosponsors in my legislation. sometimes they have cosponsors other than one who drafted it. there's no hearings the leadership doesn't put them up for a vote senators encouragement come on television they can sorely come on fox news the host more and more they're saying senator how many cosponsors have you got. that's extremely constructive. sometimes is called virtual signaling so here's my bill that's it wash my hands working some thing else. that's another thing the chinese are laughing at us let people i meet with in china have phd's are american universities. the harvard daughter understand our system extremely well how are influence inside china to our ambassadors to try to alw

between china and japan china and vietnam china and malaysia china and indonesia china in the philippines why shouldn't western countries like the u.s. side with its own. allies in the region against an increasingly belligerent beijing where all of those powers that you mention from japan to india all have separate issues with china they're not the same so if the united states and others come along and say they are siding with a group of powers they're not the same issue they're siding with does the u.s. really have a very strong view on the disputed border between india and china probably not the u.s. has a separate kind of set of issues than all of these powers and as a separate relationship for instance with japan which is a treaty ally of so these are not the same problem we shouldn't just dump them all together ok fair enough but what about the wider issue which is china seems to have a lot of problems with its neighbors off shore and who doesn't mean you know in europe countries have problems with their neighbors the question is to what extent others get involved in those issues i m

versus china, this is china versus the free world. look at how the world reacted on how they invaded india, 20 soldiers dead and, dagen mcdowell, also overreaching in hong kong, disappearing people and, of course, stealing intellectual property which has been their mo for decades. dagen: i listened to jimmy lai and watched jimmy lai and see what he has done and i see everybody in the country taking freedoms for granted and asking ourselves if do you have strength faced with communist government that is trying to basically do away with you and do away with -- with everything that you believe in. i think that that's the message, and are we going stand up as a nation to china in the months and years to come. maria: that's right. and a lot of people are comparing this to 1939 europe that you don't want to be an enabler of this kind of behavior. straight ahead fox business exclusive with president donald trump. we will talk about hong kong, the economy, the 2020 race and beyond, don't miss a moment of it. all start next hour mornings with

/china trade talks. we'll also be talking with judicial watch president tom fitton about transparency and also about transparency, just the news editor-in-chief john john solomon, a man committed to transparency. we'd also like to promote my new book, "the trump century." please preorder your copy or copies, and you can do so at thetrumpcentury.com, amazon.com or barnesandnoble.com. stay with us, we're coming right back for, i hope, not too severe a critique of my interview with president trump. stay with us. ♪ my husband and i have never eaten healthier. shingles doesn't care. i logged 10,000 steps today. shingles doesn't care. i get as much fresh air as possible. good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but no matter how healthy you feel, your immune system declines as you age, increasing your risk for getting shingles. so what can protect you? shingrix protects. for the first time ever, you can protect yourself from shingles with a vaccin

china business council. sources tell bloomberg this new role on ai tech transfers is not necessarily in out light ban. it is more a delaying tactic. does it make sense for china to wait out the election in november, and what parts of china policy could change if joe biden gets elected? i do not know i agree it is simply a delaying tactic, actually. i think china is looking at a united states policy that is increasingly restrictive when it comes to commercial engagement, especially on the tech front. the reality is china already had all sorts of restrictions in place for dealing with sensitive technology and sensitive data and china is stepping up its restrictions and saying , other chinese companies in the tech space, if they're going to sell sensitive portions of their business, or portions the chinese government deems sensitive, they will need a license just like american companies did licenses to sell sensitive technology. shery: for companies in your organization, does it make sense, the pain they have t

china tensions we are joined by our chief north asia china correspondent, stephen engle. what is vision promising now? -- what is beijing promising now? >> it is no surprise beijing will come out and say it will support hong kong as an international finance center. but it points to the issue that has crept up, since the national security law was imposed on hong kong. and since the tit-for-tat retaliatory sanctions against hong kong officials, and chinese officials. it points to the fears perhaps that have risen in the financial community here that they have to walk a tightrope between competing regulatory systems as well as sanctions, when you have an international bank with a global footprint you have to comply with the national security law as well as the u.s. sanctions. we are hearing on the statement from the banking regulator, cbirc, from beijing saying it will provide support for its financial institutions in hong kong, and offer services to residents and companies. let me read your part of the cbirc statement. at present, hong kong's financial market is generally o

, where 10% of their revenues are from china so they are not allowed in china. what they do is they advertise for chinese companies outside of china, and so far, those rights have been protected. they can continue to be that business. happens withe what this current tech war. i'm going to ask you what fed chair powell told everybody. it was not really a big change. was a change in phraseology more than anything else. we tried to let inflation run. far as employment goes, their mandate is to target full employment and point to a short while in employment is really to point out the bleeding obvious. benita: i think you are right. i think his comments were not a huge surprise but they did confirm the fed's attitude towards monetary policy and their willingness, their commitment to continue the easy policies they have and the amount of help they are willing backve for buying treasuries, corporate's, and possibly in the future, even etf's, the way the japanese central bank does. provides ay stronger, more stable foundation for the valuations of the stock market curre

it came from china. secondly, it's given them a bigger awareness of issues that we face that they didn't know about. confucius institute as an example. people now come and we have one at a school in south carolina where they are teaching, taking our brightest, taking our intellectual property under the guise of scientific study. and so it's a maid, given them a witness. it's given them i guess a wanting to learn more about it. look at what this pandemic has cost, 4.1 million lives. the economic impact is what is striking. they came out of nowhere, so -- >> on that one your successful in business. you have linkages come you to everybody. if we do go forward and decouple from china in a serious way and bring back the supply chains quickly, what will be the field of business? we know the chamber and will have some pushback from wall street crowd but just across main street usa there are folks who say we don't want to be punitive but want to bring it back. how do we adjust for this? >> the number one comment

do you ever notice they always say russia, russia, russia, they don't mention china, china, china because most of these people, like you look at the nba, they're bought off by china, and china's the big pot of gold. let's use russia instead of china. but china's a big problem, and i've made it a much smaller problem. the fact is that with hong kong we're saving a massive amounts of billions of dollars. and it's not going to work. it can't work. it's all based on the dollar. i made the dollar stronger, i've made the dollar stronger to a point that there is almost no secondary currency. the dollar is stronger now than it's ever been, and it will be even stronger in my second term, and i don't mean just from a price standpoint, i'm talking about the pedigree of the dollar. unless biden gets in with his stupid taxes. he wants to tax, he'll tax this country into a depression like in 1929. if you do what he wants to do -- maria: so, mr. president -- >> -- pretty good, you have to say, maria, i've been good at predicting things, including saying i was going to win the election. i'm going to win

they do not see china as benign, kishore mahbubani.” not see china as benign, kishore mahbubani. i completely agree with you. in fact i agree that that term benign is an oxymoron. china is not benign united states is not benign. every superpower will defend its interests. that is the 3000 year rule of politics. they will not change, the united states or china. but you also mention that the malaysian prime minister said in 2019 about a new form of chinese colonialism. guess where he was in april 2020? april 2019, colonialism. guess where he was in april2020? april2019, he was in china for the belt and road initiative, one of the opening keynote takers! the setbacks is a huge flower ship —— flagship policy by xi jinping, in 2012, but it is facing setbacks to build infrastructure projects all over the world because of covid—19, it is meant that there is slow economic growth in china and elsewhere. there are growth and debt issues, high project costs and all the rest of it and a lack of local participation, even local opposition so perhaps things are changing on that score? you

will be china. totally wrong. he misunderstood some trends. it's a niceert. it's a positive thought. wouldn't it be nice? complete false. another book called the coming collapse of china, vice president pence addressed this directly in his speech at hudson institute. the coming collapse of chain for many months was the number one book in america on china. the coming collapse of china. very popular author, i like him very much, indiana. gordon chang. i said, gordon, don't predict the year that china will collapse in your book. leave some flexibility. bill, it's going to be to 201 and put 2012 in the book. book came out in 2001. vice president pence in his speech at hudson said, since 2001, china's gdp, economic strength, has grown by how much? 10 times. was it's coming collapse? no. so in 2012, foreign policy magazine asked gordon, give us an article. when is china going to collapse? the feeling that china was going to collapse is very important because it means it's not going to be a problem very lo

china competitions. but i think we can all agree that our competitiveness with china, we must invest in the capable workforce. it continued to be the most innovative country in the world . we need to maintain a workforce which we can innovate . in the united states, excuse me. is expected to get shortfall. nearly 3.4 million skilled technical workers in just a few workers, by 2022. a recent study found that less than half, there getting any cyber related education. so to promote this, i have introduced multiple bipartisan bill. was a prepare the students for careers in stem education. excuse me. i apologize i have something stuck in my throat. mr. you point out that the trade deficit with china is eliminated million americans jobs. in the manufacturing and agricultural sectors. these jobs have not migrated to other industries. what kind of programs you think we should be investing in. and better prepare our students to enter the workforce. >> thank you for the excellent question. and you are spot on in t

and the answer to a successful relationship and china i would argue is not keeping china down that's beyond our capability the chinese will determine their own trajectory what we need to do though is determine our own trajectory and we need to make the united states more competitive and deal with all these domestic challenges we've got this national security at the end of the day is has both the foreign policy dimension and domestic image it's a coin with 2 sides and we won't be able to have the resources to succeed in the world to present a 2nd successful model to the world unless we get it right here at home and unless we get it right here at home americans will have an appetite to be heavily involved in the world so again whoever wins this election and you can choose anything when you run for president one thing you can choose is your inbox and you got to whoever wins is going to inherit a daunting inbox everything from china to climate change to north korea to iran to venezuela and war around the world and in america. as you correctly say challenge widens immediate issues like th

podcast inside china which runs on china's hot topics every week good to have you welcome back to the screen remind i guess and our audience who you are going to judge. on that china researcher for human rights watch i write and research department rights issues in china i'm based in new york good to have you and i know times what does our audience need to know about you. my name is times writer and lawyer based in virginia and i'm working on a series of lawsuits against each other on behalf of us we chat users get to have a nice to see you or if you guess if you're a new chief you can jump into the conversation right away but let's start 1st of all with we chat what it does when people say we are some of our online community to explain it and this is what they told us people's life in china is controlled by we chat that's like the singles you more important communication tools they have even played games so if you want to his message down or know anything about them you have to get on the chair now the reason why i use wheelchair and probably also the same reason as to what i use the

in south china sea. the problem they were facing is that china, the philippines, the freighted to take them on. and the leader there, so we will go one way or the other but we don't know which way we will go gets. then you're dealing with vietnam which is had to deal with the chinese for millions actually. but the good news is i think those states, on international front really kind of had it with china's i can say, their bullying bullying in the area. in this snow by financia one th, about 30 trillion in national debt pretty soon. it is not being brought into by a lot of those in the region. the good news. but when you get back to her colleagues across the aisle, we could somehow convince them that it was not russia but it was china. it was china that was the issue instead of donald trump, we might get some action. >> well time in congress, who had bills or amendments rain in china and we can get no support from the other side. through the majority right now and they could buy the table on all of the st

and china have with a lot of measures being taken by the u.s. and i think in that area there's likely to be continuing to be i think regardless of who wins the next election in the area of schrage where the u.s. has a very large straight deficit of china i think there are there may be more efforts to try to find some soldiers that were some to boost u.s. exports into the chinese economy robert just quickly let me come back to you so what's the prospect like then for another trump what do you make of his handling of the pandemic and is he likely to pay a price for that do you think. this is 5050. that you sense also that from way. in the key states that trump texas georgia florida which is now its not its home states you have to turn this red that's the king by about 5 percent margin give or take where things are so it's pretty close yet so it's not a time deal while it starts the imagination playing golf when you're in the middle of the health crisis isn't it great p.r. . i didn't it's completely trump fault people 50 states of health yes it's n

because china said so. china said they would reunify. taiwan is always part of china. taiwan was never really always part of china. taiwan has its own government, its own society. as i said, it's free society too. then you may lose this partner as a free country, and just like you have lost hong kong, i hope it's not too late to salvage. let me end with this question for you. you've been a pro—democracy activist and a critic of beijing for a very long time. if you're honest with yourself today, look at the relative strength, resolve and strategic vision of the united states, the so—called leader of the free world. then look at china with its ambitions and strategic vision. which actually seems stronger right now. very same system in -- sentiment used to describe that in the 19 30s. being a dissident in china for many yea rs, dissident in china for many yea rs , we dissident in china for many yea rs, we deserve dissident in china for many years, we deserve the world —— just urged the world. pushing towards democracy is responsibility, please do not ta ke respons

how china and s. and what they do to support those entities in the uk for india they may be providing zero or no cost financing that goes through only minor transformations and then comes here and under prices are own terms. that has to be done in these agreements. we cannot allow the nonmarket activities china seeks to export mwith another country to be used as a platform to undermine your interests. >> i have great concerns about that. a different product that is applicable to end u and defend e coal industry. they've been very hard hit a in response to the investigation but for the phase onene negotiations provided, they are still not living up to their purchase agreement. do you think that it's for the overall economy or is this something that is consistent across all and what can i tell folks to expect in the future whether it's relevant t it willr purchase requirement fax >> senator, thank you for the question. i have to do a bit more research on those particular products and others. we saw chin

w t o i don't think we adjusted the terms of their membership as china's economy began to grow as china became more integrated and the well kept treating them as a developing country when we ought to have been we ought to have been more demanding but again i still thought that the basic thrust of the policy which is more traditional was to influence chinese foreign policy and the whole idea was to embed them in arrangements in the region so that among other things they wouldn't be tempted to use military force to change the status of taiwan or to change in the situation in the south china sea and my argument is now for decades that policy largely worked. well right now it seems that donald trump is very fixated on china now we are a few months a months just before an election in the united states and i remember when barack obama and mitt romney were running against each other they talked every other day about china being a currency manipulator and that caught in the complications and problems china was creating in the world is this a lot of election posturing or do you think there's som

while china has deeply cut its canadian imports china is buying canola oil from other countries who buy much of their raw canola from canada as it stands canada is the world's biggest producer of the yellow flowering plant in fact it's canada's number one crop last year it earned canadian farmers over 6. point $4000000000.00 u.s. dollars of bad weather and insects which have caused the lowest yield in 13 years for the e.u. and britain for 2 years in a row canadian canola is crushing its although canadian canola exports to china fell by 45 percent year over year during 11 month period through june the country's total canola exports have jumped by 9 percent with france doubling its purchases and the u.a.e. tripling its import shipments in fact last week ice canola futures hit a high reaching levels not seen since october 2018 the jump was mirrored by a price rally in china which an attempt to limit supply from canada has caused an increase in cost for the oil at home according to reports a manager with a china based canola importer has said profits are extravagant anyone who has the r

china, china, china. and where growth is coming from, it is rebounding the most. shery: what does it mean for the unloved sectors? transportation, production, industrials. let's go to profit outlook, what have we seen so far, and what we expect from those who have yet to report -- what do we expect from those who have yet to report? >> we think it will shift from the earnings to the big banks dividends. the talk of dividends last reporting season came from banks. that's expected to come from the sector this year. to put it in context, dividends made up about 33% of ordinary dividends pay through last year. that's expected to drop to 18%. and if you look at the resources that made up last reporting season, about 26% of the dividends paid, that is now expected to rise to 30%. industrials,t packaging companies and the likes for amcor, expected to have results today. have been performing exceptionally well, boosted by stockpiling and growing into the market shelves. that was a logistics industry. it has been doing exceptionally well, boosted by the shift to working fr

in china. aboutoft is very careful is data promises, and will try and have strong relations globally. we won't do things that are hostile, viewed as hostile. >> what about the app in general? obviously it is very popular. is it something you would like to see in the microsoft family? >> it is nice tik tok has created some competition through innovation. preventingseem like that innovation from being sense whenakes much you want new things out there. i'm not in the target audience, so i'm certainly not expert. i've gotten a lot of education about my youngest daughter about this and why she spends time on it. they did a great job on it. there's a lot of ways to take it. that's allowed to happen in some form. >> let's talk about what allowed. is there trump administration correct in trying to force this chinese company to sell tik tok 's u.s. operations? or even shut it down in the u.s. because it is chinese? should the company be suggestive to that? 100 million americans are using it. -- or why w

-china trade discussions. thathere's also the fact lawmakers are making a bit of progress on this economic aid package. yields edging up, but they are still near the lows since march. i want to look at pound, just because we have the bank of england tomorrow, so it will be a fairly big week for the u.k. lawmakers in washington are under pressure to act, agreeing to treasury secretary steven -- and according to treasury secretary steven mnuchin, lawmakers agreed to reach an agreement by the end of the week. joining us now is paul donovan, ubs wealth management global chief economist. great to speak to you as always. are we going to get a deal? are we going to get a meaningful deal? paul: i think a deal is quite likely. after all, it is in both sides' political interest. you do not want to be blamed for weakening the economic bounceback. if we don't get some kind of deal which offers some additional support to the millions of americans who are currently unemployed, than the economic bounceback is going to be sev

wants in order for you to have a hot war china has to want to go to war china doesn't want to go to war. ok for china if you want to with we're focusing on the issues of globalization or the cost that will come if we stop globalization is the key things that will happen is that you will have decline of influence and dominance of multilateral institutions that were led in established by the by the western powers and well you will then see is that the chinese similar to what people are talking about with regard to w.h.o. is you're saying well you either w.-h. will fall in line with us or you fall in line with china which one do you want right in china is willing to say listen we're willing to stay with us globalized globalization light and say let's work together and find some way china said it's willing to be open to investigation we just don't want to investigate investigation is led by the americans which i can see there's a certain legitimacy to this is a clear ideological partisan element to that i think the key point behind it is that when we're talking about whether or not ther

china. there are myriad issues with regards to a short timeline, the pricing you see given the political pressures on the business, despite the fact that it has been such a pandemic success story. i'm wondering how ideal is microsoft as a partner from the u.s. government point of view, given his history in helping build the great firewall, and having been in china? well,l -- melissa: microsoft understands what it takes to operate in china, and then taking over a key platform, just like they did with skype from estonia in 2007, and they left it as a wholly-owned subsidiary so one would hope they do the same thing for ,iktok and really take it over being a u.s. company broadly. understand the transparency of how the data is used and repurposed and allowing it to continue to be the sensation it is. a securityiktok threat? melissa: i think that any company that is collecting data about its users is a threat, whether that is tiktok, google, twitter, facebook. the important thing is to get to the