we know what xi jinping wants to achieve. we know very clearly the position he wants china to play in the international order, exerting china's influence to shape the rules of the road. moving china's economy up the innovation letter to really be at the commanding heights of critical and emerging technologies. and making china reforging china into what they call that work report a modern socialist states. the problem is the longer xi jinping is in power the less likely achieving those goals is becoming. if you look at the gains china made just five or so years after he had been in power, the transformations for china that built its aggregate strength more remarkable. xi jinping c&c making withdrawals from the strategic bank account. and really creating headwinds for china the u.s. and maybe we can talk about this later needs to take advantage of it. but more importantly all of the main headwinds we can classify china facing demographic, productivity, xi jinping is not fundamentally addressing those. he is putting up band-aids

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so really pretty stern attack from xi jinping. they will have a lot to talk about with that big delegation. i hope biden doesn't go too far with claimant change because every solar investment here really benefits china, which controls up to 97% of the solar panel manufacturing supply ch chain. >> remember when xi jinping was talking to the end, the relationships with u.s. and china but also to get along with other countries. what did you make of that comment? >> another excellent call. that is what the world is waiting to see is xi jinping going to cooperate and be a true statesman? but you know, we've been waiting 20 years for that to happen. that is why china was brought into the wto with the trade benefits. what we have seen over 20 years as economic espionage competition and military buildup. so, that would be great if xi jinping becomes a statesman and i hope we made progress today. but i thought that was a pretty stern opening by xi jinping. >> carley: a pretty stern opening by xi jinping and a meeting that will go down in h

now step to by met with jinping in indonesia. why were they meeting to begin with and what we know about how when at this point? quick soup meeting simply because they're both in bali and indonesia and they could not avoid eachh other. this is a meeting they said we need to get together let's get together the bali at that d20 meeting there and they decided to put the first meeting they've had face-to-face with one another in five years. and i think the world wanted them to meet. u.s./china relations are in a nosedive and folks wanted to pull out of that nosedive and stabilizeth. i think both countries want that as well it's very hard to do that though, meet face-to-face on my meetings which they have had five times that have not been enough. this was a chance to actually talk face-to-face for the first time in many f f years. >> send what message what was each side's goal? accident that one you sent a few messages. not want is they do this to open into open conflict with regard to taiwan printouts from the number one thing that t

thank you for havin: jinping changes things? thank you for having me _ jinping changes things? thank you for having me on _ jinping changes things? thank you for having me on the _ jinping changes things? thank you for having me on the show - jinping changes things? thank you for having me on the show it - jinping changes things? thank you for having me on the show it is - jinping changes things? thank you for having me on the show it is a l for having me on the show it is a real pleasure. in some ways the recent party congress just shows that china's leader is very focused and determined to end crease china's role in the international environment. as a result there is increasing pressure between china and united states and more competition between the two places. whether it's the academic spirit or militant spirit. and what we are seeing right now is structural redistribution of the china and united states relation. this will present much disorder in the months and years to come. you present much disorder in the months and years to come.— and years to come. you advise busine

this is a redline for xi jinping. as you know, there have been a number of occasions where he said the u.s. would defend taiwan. jonathan: some might say this is the appetizer for the g20 but i say it is the main event. can we get a communique of the g20? annmarie: it is a great question. we are just off the heels of a multinational summit in cambodia and there was no g20 communique because russia said they could not sign their name into something with this kind of knowledge and something they say the united states was pressuring others to sign. it would be regarding the war in ukraine, calling it prudence invasion of -- putin's invasion of ukraine. they continue to say it is a special military operation. you can see the departments -- the divergence of different countries. you want to maintain good relations with russia, even though a u.s. official said it to us, there is probably some embarrassment in beijing about what is going on in terms of putin's invasion of ukraine. coming -- lisa: coming into the meeting, he

the most widespread show of defiance since xi jinping became leader. >>> crude prices slip to an almost two-year low with the worries over the world's biggest importer. >>> and global equity markets and europe following asia in the red and wall street poised to open lower on the first full day of trading since the thanksgiving holiday. >>> black friday online sales topped $9 billion as consumers flock to buy now pay later platforms to offset soaring prices. >>> widespread protests erupted in cities across china over the weekend with people taking to the streets and demonstrating against the communist party zero covid policies protests in cities like shanghai where people called on xi jinping to step down it comes as daily covid-19 cases hit a record high for the fifth straight day topping 40,000 that number is absolutely dramatic in the context of where china has been here, joumanna. one could say that it is already a struggling economy and the tighter covid-19 policies have made things even more difficult to find any growth does this perhaps change maybe the way xi jinping's viewed as

it was remarkable to hear "step down xi jinping," amongst protesters. does it crystallize into something else in terms of a more direct challenge to the ccp? steve: xi jinping will be worried that if the protests in shanghai are allowed to continue, then it will crystallize into something bigger. that would be a movement nationwide to question the authority of the communist party to stay in power, or for xi jinping to stay beyond his 10 years rule. this is why i don't see him showing weakness on this occasion. tom: professor, is it also arguably a reminder of the huge domestic challenges china faces? and maybe calls into question some of the hand wringing about geopolitical risks china poses? i'm thinking of taiwan, can they afford to consider taiwan as they wrestle with huge domestic challenges? steve: domestic challenges are huge. in the best of times, in the last 10 years, there are significant challenges. but the way xi jinping handled them, the pandemic was a global problem everybody had to confront. it was challenging in many different parts of th

.,, , ~ jinping. in to ask because mr biden did _ jinping. in to ask because mr biden did score _ jinping. in to ask because mr biden did score a _ jinping. in to ask because mr biden did score a victory - jinping. in to ask because mr biden did score a victory in l biden did score a victory in the us midterm elections. for this change the tenor of their meeting today? it this change the tenor of their meeting today?— meeting today? it certainly hels meeting today? it certainly helps mr — meeting today? it certainly helps mr biden _ meeting today? it certainly helps mr biden that - meeting today? it certainly helps mr biden that he - meeting today? it certainly - helps mr biden that he doesn't arrive there as a lame duck. i don't know whether it really changes how present xi jinping treats biden as they've known each other for years. much stronger domestic hand to the table and that is important because both of them have important domestic constituencies which they have to manage in which they cannot escape. you're watching newsday on the

orville: biden and xi jinping getting personally together. they have had talks virtually but have not set down -- sat down. in a curious way, biden is precisely the right persono thaw out. he took merips with him in the past, hosted him in the u.s.. to the extent that it is possible to know xi jinping, biden knows him. he is a very open person. there isome hope there. of course, we have two countries that have very different political systems. china has become much more autocratic, bullying countries around the world, much more aggressive, bellicose. they think this isheir moment. they have gained sufficient wealth and power to gain not only a voice in the world but to begin setting the rules of the game. there is an awful lot of contentiousness and disagreement. one wonders just how far th can get. if they can lower the temperature a little. amy: my call, what you think needs to happen right now? it was not clear that this face-to-face meeting was even going to happen but it did. what you feel china and the u.s. have to give at this point. w

he is meeting present xi jinping himself. given that we have seen that deterioration during the australia china relationship. shery: when he was elected we thought there would be a thawing of relationships, his campaign has been hawkish on china. the opening session of the bloomberg new economy form is a few minutes away. we will hear from vice president -- >>

announcer: president biden spoke to reporters about his meeting with chinese president xi jinping. other topics included the russia ukraine more, north korea's nuclear program, and the midterm elections. president biden is scheduled to meet with other world leaders at the g20 summit before returning to washington, d.c. later this week. of the american democracy and we saw it in action and the american people proved once again that democracy is who we are. there's a strong rejection of election deniers at every level those seeking to lead our states and those seek to go serve in congress and also those seeking to oversee the election, and there was a strong rejection of political violence, voter intimidation. there was an emphatic statement that in america, the will of the people prevails. i have-- i've traveled this week and it's been clear just how closely the world and our allies and our competitors, as well, have been following our elections at home. excuse me, i have a little cold. and what these elections showed is that there's a deep and unwavering commitment in america to pr

xi jinping and kishida met yesterday. essentially, both sides agree to work out their differences and to work at improving bilateral relations. the backdrop, i want to bring up the new zealand prime minister. i had officer just speak to her yesterday. -- i had the opportunity to speak to her yesterday. i wouldn't say new zealand is neutral, but she took a neutral stance and said careful of world politicians. trying to stoke fear at a time of geopolitical tensions. >> our openness is what has got us to the point where we have seen such rapid development through our epic economies. now for the next time, we have the opportunity again we just need to bring more people with us. inclusivity in our growth will be what allows us to continue on in this way. if we don't, we will have dissatisfied citizens and more politicians who stoke fear. stephen: another busy day here as the effect leader summit begins two days of talks. >> let's get you to new york, vonnie quinn has the first word headlines. vonnie: the u.k. chancellor has ce

. >>> president biden set to met with chinese president xi jinping on the sidelines of the g-20 summit tomorrow. we'll tell you what to expect from the high stakes meeting and why president biden believes he has a stronger hand going in. >>> plus, the fed's effort to fight inflation sending credit card interest rates soaring. the real-world costs of carrying that debt and advice on how you can manage it. >>> it is sunday, november 13th. the start of a new week. we are grateful to have you with us. good morning, amara. >> good morning. great great to be with you, boris. >>> we begin this morning with a major victory for democrats. cnn now projects democrats will retain control of the senate. now the biggest unanswered question is who will control the snous so the critical moment came when nv da race was called for democratic incumbent catherine cortez masto. masto had been trailing adam laxalt which 862 votes before the evening ballot drop pushed her over the top. >> the ballot counting continues in arizona, where the race for governor remains too close to call. democratic secretary of

live in xi jinping's world is on the website. the beatles have -- they have released a new version of their acclaimed album, revolver. the bbc's 10 allman -- tim allman explains. ♪ >> the mystery and the marvel of the beatles is the way they are rediscovered with every new generation. their music always seemed to inspire, essentially art creating art. that was certainly true for m. cooper turning when their songs into a living plane -- painting. >> i voice been a beatles fan, given the opportunity to work on this it sparked a lot of ideas for me. it is a beautiful song, it has so much in their. >> using hand-painted animation cells, 1300 in total she built up the work frame by frame. wanting the viewer to be enveloped, consumed, not only sleeping, but dreaming. >> i am hoping what you get is a nse of being swayed or held, kinda taken with a stream almost with the painting. >> the hysteria of beatlemania may have baited just a littl the legacy of these four lads from liverpool indoors. -- endures. not only in their music, but al

quickly, dare anyone come up against or criticise xi jinping? it - against or criticise xi jinping? it is incalculably brave that even some chinese _ is incalculably brave that even some chinese citizens are given the attitude — chinese citizens are given the attitude that china which of course is a authoritarian dictatorship takes — is a authoritarian dictatorship takes to— is a authoritarian dictatorship takes to dissent. we saw how they treat _ takes to dissent. we saw how they treat even — takes to dissent. we saw how they treat even people trying to chronicle what was happening with the assault of your pbc colleague yesterday. but the assault of your pbc colleague esterda . �* , ., ., yesterday. but in terms of world leaders l'm _ yesterday. but in terms of world leaders i'm thinking _ yesterday. but in terms of world leaders i'm thinking in _ yesterday. but in terms of world leaders i'm thinking in terms - yesterday. but in terms of world leaders i'm thinking in terms of| leaders i'm thinking in terms of world leaders. lip leaders i'm thinking in terms of world leade

and president xi jinping sat with president biden and there will be a news briefing. we will have live coverage of that when it starts here on c-span2. [inaudible conversations] >> let me introduce our panelists and let me again thank jen and suzanne for their discussions. to my left is val cofield, chief strategy officer, head the development. strategic plan, which actually is pretty good. so you should take a look at it. [laughter] >> don't say that about --. >> what we saw was the strength and resilience of the american democracy and we saw it in action and the american people proved once again that democracy is who we are. there's a strong rejection of election deniers at every level those seeking to lead our states and those seek to go serve in congress and also those seeking to oversee the election, and there was a strong rejection of political violence, voter intimidation. there was an emphatic statement that in america, the will of the people prevails. i have-- i've traveled this week and it's been clear just how closely the world and our allies and our compet

we know that the last time we heard from xi jinping about the 100 year anniversary of the ccp, xi jinping said that if anybody gets involved in their plans for taiwan their heads will be busted to dust. i mean, this is actually what he said. so i mean, he's got his plans in place for taiwan. no evidence that joe biden is bringing up the origins of covid-19 which all evidence points to a leak, whether accidental or not coming out of the wuhan lab. china has completely stopped any investigation that world leaders wanted to have. they've also been stealing intellectual property from american businesses costing american businesses hundreds of billions of dollars. are you expecting any of that to come up? how should joe biden show strength? >> well, i think it has to be an american policy. at this point this meeting is going to happen. but what we have to do is we need a grand strategy that's about actually winning this competition. that's what needs to happen. and it's going to be essentially economic containment. you have to get our investment out of china, get our companies out of china, cl

will presidentjoe biden and xi jinping meet? translation: irate jinping meet? translation: we do jinping meet? translation: - do hope to be leaders of the world will meet and talk with each other and bali. if president xijinping and president xi jinping and presidentjoe president xijinping and presidentjoe biden can meet and talk, it'll be very beneficial for the world. if only they can have an agreement to help with the world recovery,. to help with the world recovery. -_ to help with the world recove ,. recovery,. so you can confirm president _ recovery,. so you can confirm president xi _ recovery,. so you can confirm president xi jinping _ recovery,. so you can confirm president xi jinping will - president xi jinping will attend the g20? president xi jinping will attend the 620? translation: attend the g20? translation: yes, attend the 620? translation: yes, president xijinping confirmed he will attend, presidentjoe biden also confirmed. the music world has been paying tribute to the hip—hop star takeoff, who's been shot dead at a bowling alley in texas. t

public calls for president xi jinping to resign. coming up, and exclusive report from kherson in ukraine. two former prisoners tell us how they survived torture from russian forces. an aide dead and a hotel siege in somalia, but the threat [inaudible] from the terror group al-shabaab and camerin looking to score for the first time. they exceeded expectations. ♪ >> i'm brent goff. to our viewers watching in pbs in the u.s. and to those around the world, welcome. we begin with china, the pandemic and protests. china clamping down on protests against its unpopular zero covid policy. thousands of people took place in protests, calling to an end to lockdowns and in some cases, for president xi jinping to resign. this is extremely rare in china. beijing eased some restrictions, but is showing little sign of backing down completely. reporter: police cars, trucks and officers out in force. huge fences in place to stop crowds gathering. authorities are working to remove all evidence of the protests, demanding these women delete photos from

jinping on the people's republic of china. we had an open and candid conversation about our intentions and our priorities. it was clear, he was clear and i was clear, that we'll defend american interest and values, promote universal human rights, and stand up for the international order and work in lockstep with our allies and partners. we are going to compete vigorously, but i'm not looking for conflict. i'm looking to manage this competition responsibly. i want to make sure, make sure that every country abides by the international rules of the road. we discussed that. the one china policy, our one china policy has not changed. has not changed. we oppose unilateral changing the status quo by either side and committed to maintaining the peace and stability in the taiwan straits. it was also clear that china and the united states should be able to work together where we can to solve global khal challenges, requiring every nation to do its part. we discussed russia's aggression against ukraine, reaffirmed our shared belief of th

more party control, more power for xi jinping within the party. on the economy, we see a shift of economic policy toward what i call the marxist left. more emphasized on state run enterprises, rather than the private sector. more emphasis on wealth distribution, rather than unlimited capital accumulation. on foreign security policy, i also seem the continued strengthening in china's nationalism narrative to the right. in support of a more assertive foreign security policy. but the overall benefit, if you like, of the biden-xi jinping meeting is a high level officials process, blinken is due to go to beijing next year. with a view to resuming what xi jinping calls strategic communication. that is what i think is necessary to find the stabilization mechanisms in this relationship, for the immediate time ahead. haslinda: when you talk about former policy, what would that mean for countries like australia, which have been at the center of tensions? are you perhaps more encouraged that there could be a normalization of relations? kevin: there's a big d

i just how significant of a challenge is this to xi jinping?— is this to xi jinping? i think it's significant. — is this to xi jinping? i think it's significant, nancy, _ is this to xi jinping? i think it's significant, nancy, although i is this to xi jinping? i think it's significant, nancy, although it| is this to xi jinping? i think it's i significant, nancy, although it is not yet the movement that looks likely to overturn the system. it is much more of a howl of rage, you might say. we are seeing in each of these places, shanghai, most recently the city of wuhan where most recently the first cases of covid were found, people numbering in their hundreds. but you have to have danger it is for people to protest about anything in china, and certainly to name the leader of the country, xijinping, is a very unusual thing to see. see might see that for every person on the street there may be many others who would like to protest but feel frightened about doing so. so the fact that the numbers aren't huge as they were in hong kong before the crackdown there in 2019, 20

xi jinping was hiding in plain sight all along. his speeches were often ignored because the most important speeches that xi jinping gave, they were not the ones he gave at donald tusk or when he was in the rose garden, it was those that he gave to his central committee which are not usually translated into english and are sometimes kept secret for weeks or even months after the event. but you get a striking appreciation. he is hostile to the u.s., at to moscow. he believes that communism will prevail, it is clear from his speeches he believes that capitalism will perish and a chinese model of socialism will continue to spread around the world. there are no more illusions anymore, particularly describing the events which ended with his -- after the striking events which ended with his predecessor being humiliated and wrenched out of his chair and waltzed off the stage. president xi has gotten rid of anyone who was not good for -- of anyone who is competent in economics and he has elevated leaders known mostly for their jobs and secu

no threat to xi jinping. my sense is what happened is he was confused on that stage and they ended up very uncomfortably escorting him away. the way we read it, given xi jinping's total grip on power as it looks much more like a power play. host: just a couple minutes left in our program. scott kennedy of the center for strategic and international studies. marianne is in albuquerque, new mexico. good morning. caller: i may have missed the earliest part of the discussion, but what i have not heard is the calculus in connection with all of these relationships about climate change. host: let's pick it up. guest: sure. the u.s. and china are the world's largest carbon emitters. the u.s. has done a pretty good job in the last decade bending the curve and reducing carbon emissions overall and per capita. the chinese have not. they have used the space to commit that by 2030 there will start sending that curve down. they are still increasing their carbon emissions. at the same time they have also started to develop g

xi jinping saying leaders of two major countries. we need to chart our course and leaders and find the right direction for the relationship and elevate it i'm ready to have a candid exchange of views with you, the united states, on issues of strategic importance on china/u.s. relations after the rather friendly handshake between the two leaders, some fairly conciliatory words to kickoff. will it translate into any policy action or any major change in the relationship that remains to be seen. >>> coming up on the show, u.s. democrats have retained the control of the senate. we'll discuss after this break ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. my name is ashley cortez and i'm the found

the president did not commit to telling xi jinping -- the u.s. would defend taiwan militarily. how should taiwan interpret that answer, and second, the treasury released a report saying on criticizing china for not being more transparent about its foreign-exchange policy. he -- they are calling it a failure, when they speak about that? mr. sullivan: your first question you have seen it president biden go into -- he does not to characterize about what he liked to say. he likes to say it. for how taiwan might react to that, we will have an opportunity, as an administration to brief taiwan on the results of that meeting. i am confident they will feel very secure and comfortable in the united states position when it comes to our support for peace and stability across the taiwan straight, and our commitment to the taiwan relations act. which does the commit the united states to ensure we provide articles for thomas defense. the defense report. this has been a long-standing concern of the u.s. and reflected in previous reports. it encompasses -- comes at can significant surprise but

and particularly xi jinping's relationship with putin. nick: if xi jinping was willing to say something to the german chancellor he'not willing to say in public about the u.s., what does that say about the u.s.-china relatnship going forward? yun: the is a pivot in china's foreign policy toward europe because they see that as an alternativsource in excess to things they can no longer get from the united states. nick: thank you very much both. ♪ judy: lawmakers return to capitol hill this week after a drawn out midterm battle for power in congress. democrats have retained control of the upper chamber but a georgia runoff will determine if they gain a seat or return to a split-down-the-middle 50/50 senate. the balance of power in the lower chamber is pending as several house races are still being counted. the election outcomes and the lack of final results have put several key leadership issues in flux for republicans. lisa desjardins has more on all this. hello to you, lisa. you are at the capitol. let's talk about the house balance of p

president and xi jinping since the beginning of the pandemic other leaders have met with xi jinping this year. the fact we are having an in-person meeting is very important for the bilateral relationship moreover, if they have gone to the g20 and not met or one decided not to go to avoid a meeting, that would have signalled we are on a worse track. >> taiwan is a very touchy subject and one that is likely to be handled with kid gloves. i'm curious, there are other issues that i know were top of mind for the ceos who manage multinational companies. tariffs, zero covid infection policy crushing business in china and leading to more supply chain issues you have issues about chinese access to u.s. technology. do you think there's going to be movement on any of those issues if not now following the bilateral meeting, in the near future >> the near future probably not i think the fact that there is this conversation indicates we may be in a moment where both leaders feel confident in their shoring up of their domestic support and turned the page and starting the process of getting back to the

doesn't matter what i think i think xi jinping would have seen that, as weakness, but i can't tell you what our taiwan policy yesterday he said he reiterated our one-china policy, that is not what he has said for the previous six months. he talked about the fact he doesn't want a new cold war with chinese communist party, maria you and i know the chinese communist party has been at war with united states, as an economic at least last 25 years talked about competition to, cooperate i think xi jinping many sense this weakness as much as vladimir putin saw biden as weak advanced to europe i am afraid xi jinping will continue to advance around the world as a result of this meeting discouraging after having 1010 of millions of dollars from china officials tied to ccp per senator ron johnson and chuck grassley reporting, investigating we understand ccp police stations across the world and in new york i am baffle by all this how does flg loi ccp police sayings to operate in america we have our law enforcement he he canceled china initiative so not apparently investigating intellectual propert

xi jinping tells olaf scholz that china and germany should seek closer ties. today's jobs report is expected to show u.s. hiring slowed last month but will it be enough for the fed? and socgen shares surged after better-than-expected third-quarter results. they sell revenues jumped 34%. let's check on the markets as we weigh on these catalysts coming through from china there is progress in the moves are reporting about some restrictions being eased on airlines. across the benchmark, gains of 0.6%. the ftse 100 gaining on the back of the rally. basic resources are up 0.7%. let's look at how things are in the sectors. we continue to digest what a lot of central banks say as well. a divergent picture between the boe and the federal reserve. and the speculation of china and covid is playing into the resources. oil, copper, iron ore, all gaining. only two sectors in an otherwise risk on environment. futures is in the u.s. pointed to gains between 0.3% and 0.4%. technology continues to be a fascinating story, something of a retrenchment. tech entering into a new pha

this won't surprise xi jinping. he on the other hand might give some indication of how drastically u.s. curbs will be put on technology access by china. manus: how much will ukraine -russian come to bear in this discussion? by all accounts, the narrative from the u.s. is shifting. that is for sure. i know a lot of people talk about war fatigue. will that come up? is that as important as taiwan? jonathan: i think taiwan is more important in this particular context of china-america. china is, i would guess, a little perturbed and embarrassed by what has happened in ukraine and it certainly doesn't want putin and whatever putin does in ukraine to leave chinese policy, particularly not its relationship with the united states. dani: domestically we have the unveiling of the 16 point plan to help rescue the property sector. we have seen these huge rallies, some property stocks by 50%. is this a game changer? jonathan: it is a game changer in the sense that having gone through the big party congress last month, where xi re

president biden and xi jinping have charted a path to better ties. they agreed to a series of goodwill gestures.

and say, that if xi jinping continues to threaten taiwan that america would respond, we don't know if they actually did that, but the fact this white house is so uninterested in you origination of covid just baffles me they commission adreview intelligence committee to do a review, of the origins of covid came back so weak, i mean what we have open source was better than intelligence community came back with a pandemic that between 6 to 20 million people many why not want to know where it came from in for no other reason than gives us best chance preventing a future pandemic. maria: that is exactly right, but i want you to look at thissed very we are showing this morning of when xi jinping and joe biden first said hello, and xi jinping, doesn't really move much takes one step joe biden walks all across the stage to go and give homage to xi jinping, the president of china, it was an embarrassing beginning, and then meeting got bad to worse, because we are learning that during the meeting, between xi jinping and joe biden, chinese aircraft over flu the air perimeter around u.s. air forc

xi jinping did remind the u.s. delegation that the number one redline for beijing in this relationship with the united states is sovereignty over taiwan. do not cross it is the essential message xi jinping gave to joe biden. the backdrop of all of these discussions is the war in ukraine and the impact is having on food markets, on global inflation, and generally global stability. dani: we are looking at some of the leaders at the g20 summit, preparing for their family photo. far from a full family, just five folks at the moment. you can see erdogan in the center, and it looks like? would dodo. you see more leaders coming over now as folks are preparing for the family photo. stephen, we have everyone meeting after lunch. i wonder what the communication has been around russia and ukraine. stephen: you were just looking at those photos, they will have a group photo and it is a sticking point with sergei lavrov here as the foreign minister in place of vladimir putin. there was some concern earlier today when sergei lav

president and the chinese president xi jinping. interestingly, president biden opened with a message on the election back here at home, saying that the american people proved once again that democracy is who we are. he went on to say later that the election has sent a very strong message that the u.s. is ready to play. perhaps a message not just to a u.s. audience, but world leaders there in china where there is no such democracy. he also did say that the u.s. is not seeking a cold war, does not believe there needs to be a new cold war with china. he says he is not looking for conflict. he also said he does not believe that china plans an imminent attack on taiwan. we are joined now by phil mattingly who is in bali who was there in the press conference with the president as well as cnn correspondent david culver who spent a couple of years inside china as well as matthew goodman senior vp for economics at the centers for strategic international studies. i do want to begin with you, if i can, david, given the length of time you spen

this of course is joe biden and xi jinping taking place. we also have the arrival of the turkish president erdogan. has, what is going on market wise? haslinda: let's take a look where they are trading. they started the day in positive territory, gaining on the back of that double boost from china. take a look at where we are. certain -- currently searching up 8%. iron ore up 3%. china optimism that perhaps the chinese economy will recover as the economy continues to ease on its covid policy. this is how it is looking in terms of property developers. china supporting real estate companies. chinese overseas land up 10. look at country garden, surging about 40% as we speak. the hang seng property index up 7%. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contr

what will xi jinping do if the protests don't stop? >> certainly this is the exact opposite of the message that xi jinping wants domestically as well as around the world. the last time you and i talked about china on air, it was about hu jintao and how xi jinping was displaying such extraordinary capacity to basically stifle and emasculate the former president of the country. now he has suddenly these demonstrations, some of which are even calling for his ouster. there's no chance he's going to allow that to persist for weeks on end. i think there will be carrot and stick. i think there will be some local officials that will be removed from poor implementation of zero covid. there will probably be loosening in the way that zero covid is actually laid out and policed compared to what we've seen over the past weeks and months. but there's also going to be a clear crackdown against further demonstrations, especially those that have an overt political message to them. i can't imagine that they would allow that to continue. >> some of those

xi jinping wants to show world influence, biden has to remind him that the u.s. is still the worl's leader. >> carley: it is interesting what is said in opening remarks we just heard from the president of both countries. they tend to be cookie cutter, but you get indication of where the two stan. president biden mentioned climate change and xi jinping talked about the relationship between united states and china and she interpreted that to mean xi jinping wants the united states to drop the tariffs, which we'll see if that will take place, likely not. this is a very historic moment, you see the handshake there, they talked on the phone or over video call five times throughout biden's presidency and biden said he is the leader that has spent the most time with xi jinping. now they are meeting face-to-face today ahead of the g20 summit, so much to discuss in the war in ukraine and china having closer relationship with russia and taiwan. >> ashley: north korea is also up there, you talk about opening statements, you have like 90 seconds to get a feel for what they a

do you think this third term of xi jinping changes things? thank you for having me on the show, it is a real pleasure. in many ways, the recent party congress just shows that china's leader is very focused and determined to increase china's role in the international environment. as a result there is increasing points of divergence between china and united states and in those areas of divergence, we are seeing more competition between the two sides, whether it's the economic sphere, the military sphere etc. and what we are seeing now is a structural deterioration of the china and united states relationship that will present profound consequences for the international order in the months and years and decades to come. you advise businesses on entry and expansion into china, i am wondering, will that advice change, given the developments over the last few weeks? in many ways, it has changed but those changes have been occurring for a number of years. here at the asia group, the number of companies that we work with that have really increased the

"step down xi jinping," they chant. one of the few times in years that demonstrators used his name. the protests spread to the capital beijing, including to tsinghua university, one of the country's most famous campuses. those who didn't want to make it explicit didn't have to: a blank piece of paper or an equation by physicist alexander friedmann, as in, free man, which many protestors no longer are. >> in shanghai a lot of people have already been detained. they did it for everybody, f all the people. free those people in shanghai! reporter: in washington today, national security spokesman john kirby endorsed chinese citizen'' right to peaceful protest. >> a lockdown is not a policy that we support here, but viously there are people in china that have concerns about that. and they are protesting that and we believe they should be able to do that peacefully. reporter: beijing maintains the world's strictest covid controls. hundreds of millions must submit to daily tests, and quarantine for extended periods. recently, china relaxed some rules and shortened quarantines for close cont

later on the day in monday, president biden will hold a bilateral meeting with president xi jinping. this is the first time that president biden and president xi will meet face-to-face, since president biden became president. president biden has a priority to keep lines of communication open with president xi, to responsibly manage the competition between our two countries and he believes there no more important channel than that between the leaders of the united states and china. from day one of the biden administration our approach has follow the same fundamentals, invest in the foundations of our strength at home, align our efforts with the network of allies and partners and compete responsibly to defend and advance our interests and those of like-minded interests. the meeting between president biden and president xi will be an opportunity to better understand one another's priorities and intentions, to address differences, and to identify areas we can work together. working together to address common problems is in our interest and it is what the world expects of responsible powe

what is president xi jinping hoping to get out of this face-to-face meeting with president biden? >> reporter: i think xi jinping wants time for china to obtain self-reliance, key economies, up grade its military to catch up with the u.s. xi can afford to play the long game, having achieved that precedent-breaking third term, enabling him to rule for life. that is one reason, probably, we've seen him offering a slightly more conciliatory tone, telling a u.s. business lobby group he's willing to work with the u.s. to find ways to cooperate. there have been signs of possible tweaks in china's position on ukraine, xi jinping telling the visiting german chancellor that beijing opposes the threat or use of nuclear weapons, which is seen as a subtle rebuke to mr. putin, given the russian leader's nuclear posturing. all of this is why chinese state media, as well as officials, echoing american officials saying the meeting itself is a positive sign, stressing the importance of keeping lines of communication open at the highest level, especially when tensions are running high. the problem

do you think xi jinping cares about _ moment. do you think xi jinping cares about how _ moment. do you think xi jinping cares about how china _ moment. do you think xi jinping cares about how china is - moment. do you think xi jinping cares about how china is viewed | cares about how china is viewed obviously the optics and the protest is something he will not tolerate, but what about foreign governments? does he have too much power over them? do they need him more than he needs them?— needs them? very possibly yes china has for a long — needs them? very possibly yes china has for a long time _ needs them? very possibly yes china has for a long time been _ needs them? very possibly yes china has for a long time been the - needs them? very possibly yes china has for a long time been the world'sl has for a long time been the world's bangor. extremely rich when you look at the over all gdp. —— banker. nowhere near as wealthy as some other country but still fortune up with deep enough reserves to do the road programme to invest in infrastructure all around the african contin