ok crazy to actually point i mean china china's economy like you know if i can interject here for a commuter jet here i mean in the west chinese criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is still it is middle steadily. lighning ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnarounds we saw that really we saw that in germany we saw that at the beginning of the soviet union it's not sustainable but that's how do i i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow i've seen little children who

a low in welcome to cross talk time peter about china's maneuvering power china's fortunes faring during the global financial crisis and the eurozone fiasco political uncertainty in the u.s. and the arab spring is china and that gaynor is the world undergoes massive economic and geopolitical shifts and as the world changes will china take on a greater leadership role. in the. story. crosstalk china's growing influence i'm joined by greg audrey in irvine he's an entrepreneur and co-author of death by china in miami we have already shankar he used a ford motor company chair in global business management at ohio state university and in beijing we cross to doris nesbitt she's the director of the nesbitt china institute all right folks you have difference a points of view on this and i want you to show my viewers ok but first people say that china is set to save the world well i don't know about that but there is little doubt that over the last decade asia and china specifically has been steadily moving to the fore of the global economy and in the wake of the two thousand and eight credit cru

off running the country ok great it's an interesting point i mean china china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnaround we saw them in the lead we saw that in germany we saw that at the beginning of the soviet and it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow i'

morgan's managing director in china. >> i think china will continue to grow around 7 to 9% per annum. of course there are lots of challenges ahead. given the economy set aside you can't continue to grow at 10% per annum. if you look at the fundamental drivers for china's gdp, i think we can hit that growth target. >> charlie: fromcting to china went we coinue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> charlie: john mac visms here an oscar nominated author for elect particular performances. he started with th theatre company before making his film debut in places in the heart mu his most well-knownovies include dangerous liaison, shadow of the vampe beg john malkovich here's a look at some of his work. >> if i had any place elseto go night i would gladly leave righnow. when i came here all i asked was to be leftlone. i'm not some kind of freak to be here on display to the amusement of those hooligans you call children. >> i'm doingeverything i can. i'm telling you i'm doing everything i can. >> i'm sure you are. >> at this m

modern china 2000 years ago and when china was unified. and that it was covered a bureaucracy collected by competitive examinations. so in that sense, it was more modern in europe was at that. but china had a governing philosophy, which was confucianism and a governing bureaucracy, which operated a national pages and therefore occasionally china was conquered by its neighbors. but they didn't know how to cover it and they need of the chinese bureaucracy. so on at least two occasions in chinese history, foreigners came in the crocker the country, used chinese bureaucracy to cover and it mbk signified themselves. this is china was sometimes the opposite of left and right, not by conquest, but i've been conquered and then satisfying the conquerors. mongols than one occasion in the manchus from the north. >> host: a much more efficient way, isn't it? you also say that because china was never forced to an age with larger civilization in the world, it remained basically insular. but because of that, it also considered itself the center of the wo

money into the market which is benefited china but i'd like to also challenge this notion that china owns the united states are they own about eight percent of our debt japan i was about six percent of our debt so again overblown so do position do political decisions now have this you know this affects of leading to to economic decline and the demise of the west again i think this is these are are more romantic narratives about the west in the minds of americans and this concern that we won't be on top and i'll complicate that a little further that our expansion our imperialism started with the founding with the notion that anglo-saxon whites male protestants in particular were the less it kind and this led to us you know the genocide of the native americans as we expanded westward it led to atrocities in hawaii and the philippines and beyond so i think it is good that america will have competitors because unchecked imperialism leads to all sorts of of colonial issues and even genocide i think have an important point and when you talk about competitors sometimes it's a little difficu

we're in europe as well so in terms of their bacon they don't care what china is doing fekete one china's money in china say no so what's the put your house in order in your opinion with think about lend you some. in corporations western corporations question the law of the effect that it legal to china if you look allies like greece in keep their profits so there's only one loser segment you know all this transition and all those looking glasses in the lot and you know are you just not in a and we also sun our sun is reported g.o.p. presidential candidates taking a dig at china there is sort of a fear mongering that seems to be going on on one side but we also saw michele bachmann comparing the two countries saying in a sense you know let's get rid of american programs like when johnson's great society bachmann says that this has made the us into a welfare state she says if only we were more like china they don't have food stamps they don't they save for their own retirement so badly i guess i get an idea from you about some of these different views from potential future leaders of this

and make china a financial power on par with the u.s. and this wouldn't have a first time for the two countries jousted for a while now the u.s. has laid claims that china is under valuing its currency they continue to try to game the system to their advantage and our just sit damage so i think it's appropriate and fitting in timely for us to be standing up and saying you know this is this is not acceptable ultimately however saving the eurozone and the u.s. is in china's own economic interests meanwhile economists are already warning of contagion threat if the crisis unravels and some have pointed to the country's slow growth as a sign of a spill over effect concerns that beijing has dismissed. if humans and. you want to use that you know who owns it is trying to say that the national economy is generally on the right track and is benefiting from the control policies on the domestic front china's going further tightening the screws on internet freedom whether it's a sign of its internal vulnerability in that world by popular uprisings i

hello and welcome to cross talk time peter about china's maneuvering our china's fortunes faring during the global financial crisis and the euro zone fiasco political uncertainty in the u.s. and the arab spring is china and the gainer is the world undergoes massive economic and geopolitical shifts and as the world changes will china take on a greater leadership role. in. crosstalk china's growing influence i'm joined by greg audrey in irvine he's an entrepreneur and co-author of death by china in miami we have already shankar he has to ford motor company chair in global business management at ohio state university and in beijing we cross to doris nesbitt she's the director of the nesbitt china institute all right folks you have difference a points of view on this and i want you to show my viewers ok but first marcia people say that china is set to save the world i don't know about that but there is little doubt that over the last decade asia and china specifically has been steadily moving to the fore of the global economy and in the wake of the two thousand and eight credit crunch which

off running the country ok great it's an interesting point i mean china china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new wave was the soviet union and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnaround we saw them in the lead we saw that in germany we saw that at the beginning of the soviet union it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai and the business people in shanghai in moscow party like there's no

the key to america's resurgence they argue is to mimic china's surging without mimicking china's politics. tom friedman, the book appears to be america has fallen behind the world, that america invented. can you give us a rap sheet on that. >> the basic argument is simple. we argue that what made america great is we had an amazing public-private partnership and the public side of that that enabled the private sector and growth these years, was bit. on five pillars. one we educated our people beyond to whatever the technology was, cot in gin or the super computers. second we had the best infrastructure, roads, airports, telecom. third when the most own immigration policy to attract the brightest minds, and most energetic people to start 30 to 40% of the companies every year in silicon valley. four we have the best rules for capital formation for risk taking and preventing recklessness and lastly the most government funded research to push out of the boundaries of science and physics and chemistry. education, we've falling end down the international table. infrastructure, i just flew from h

a low in welcome across time peter about china's maneuvering power china's fortunes faring during the global financial crisis and the euro zone fiasco political uncertainty in the u.s. and the arab spring is china and that gaynor is the world undergoes massive economic and geopolitical shifts and as the world changes will china take on a greater leadership role. in the story of the same. across the china's growing influence i'm joined by craig audrey in irvine he's an entrepreneur and co-author of death by china in miami we have only shankar he used to ford motor company chair in global business management at ohio state university and in beijing we cross to doris nesbitt she's the director of the nesbitt china in school all right folks you have difference a points of view on this and i want you to show my viewers ok but first marcia people say china is set to save the world well i don't know about that but there is little doubt that over the last decade asia and china specifically has been steadily moving to the fore of the global economy and in the wake of the two thousand and eight

with our mani i want to be china i want to go to war with china and make america the most attractive place in the world to do business woah whoa does it have to be us or them and is anybody buying it the world changing you know so like the fact the fact that like china's economy is modernizing. isn't there a reason why our economy is doing poorly right now. and so it's maybe just a straw man when. presidential candidates bring that up but i think it is in a business sense an economic sense most countries do just work with china as any other country so yeah i don't know where the fear comes from from the u.s. about china well there you have it it seems china is the new kid on the economic block and it's up to the u.s. and the west to see how they deal with reporting from washington i'm not trying to set a party. meantime caroline helpmann from the occidental college in los angeles says that washington feels the need to paint china as a new evil empire china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for th

i was in china in 2008. i talked with the mayor of a city and he said they had 5 million unemployed trenches in that city. i asked him what he was going to do about that and he said they all go home on the chinese new year's and we will only let about a quarter of them come back so they use the chinese family tradition of taking care of their people come as their family has a social security network. but on the purely economic level, it is a combination of market principles and central management. it's not a planned economy in the soviet cents. >> host: there's a point of contention between the united states and beijing over the manipulation of its currency. how is this straining the relationship and how should the administration be dealing with it? >> guest: the argument that is made the chinese are manipulating their currencies at an artificially low level which gives them an advantage in exports and therefore improves the payment and gives them greater economic financial reach. my view is is it is caused

off running the country ok call greg it's an interesting point i mean china china is a very good interview if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnarounds we saw that really we saw that in germany we saw that at the beginning of the soviet and it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow i've

off running the country ok great it's an interesting point i mean china china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnaround we saw them in the lead we saw that in germany we saw that at the beginning of the soviet union it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow

off running the country ok go great it's an interesting point i mean china china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was the soviet union and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnarounds we saw them we saw that in germany we saw that at the beginning of the soviet and it's not sustainable but that's how they do i really i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorro

a low in welcome across town timekeeper little china's maneuvering power china's fortunes faring during the global financial crisis the eurozone fiasco political uncertainty in the u.s. and the arab spring is china and the gainer is the world undergoes massive economic and geopolitical ships and as the world changes will china take on a greater leadership role. to keep the story. across not china's growing influence i'm joined by greg audrey in irvine he's an entrepreneur and co-author of death by china in miami we have already changed cars he used a ford motor company chair in global business management at ohio state university and in beijing we cross to doris nesbitt she's the director of the nesbitt china institute all right folks you have difference of points of view on this and i want you to show my viewers ok but first marcia people say china is set to save the world well i don't know about that but there is little doubt that over the last decade asia and china specifically has been steadily moving to the fore of the global economy and in the wake of the two thousand and eight cre

about china well there you have it it seems china is the new kid on the economic block and it's up to the u.s. and the west to see how they deal with reporting from washington i'm not genocide oh i see dr caroline held men from occidental college in los angeles says that washington that feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront so when we hear these republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top of perceived because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relatio

oh frowning that complicate all great it's an interesting point i mean china and china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was this. and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnaround so we saw them in the lead we saw that in germany we saw that at the beginning of the soviet and it's not sustainable but that's how they do i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no tomorrow

about china well there you have it it seems to china is the new kid on the economic block and it's up to the you was asked to see how they deal with reporting from washington and my parents said oh i see. russia is taking part in the apec summit more on that coming up in our business bulletin. russia says it hopes to improve ties with asian countries to preserve global economic stability business bulletin presidential. issues for russia. italy could welcome a new prime minister and government as early as saturday after a final vote on a sterile finalizes the exit of cilia berlusconi the most likely successor is a former eurocrat leading to some public concern that the influence of brussels will be ad the very center of national politics at the center for of has more from rome. the m.p.'s we've been speaking to here has that italy is absolutely desperate to send a very strong signal that they're able to get the situation under control now if the measures get that a preview today though that of course pave the way for the resignation of prime minister berlusconi as he promised. the man

off running the country ok go great it's an interesting point i mean china china is a very good if i can interject here if i could interject here i mean in the west china is criticized because it is not in line with the washington consensus if i can use that term here i mean china is a rising power the west is steadily steadily declining ok i mean so it really is the west has to adjust itself to a rising china and india with its own relative decline would you agree with that the same argument was made about the declining british empire at the beginning of the twentieth century and how the new way it was the soviet union and the fascist states in europe. so countries that are willing to exploit their people to any level are always able to achieve quick turnaround so we saw them in the lead we saw that in germany we saw that at the beginning of the soviet union it's not sustainable but that's how they do i mean i've seen the people standing behind the rear of an ox with a wooden plow while the party members in shanghai in the business people in shanghai in moscow party like there's no

as i said is seeking to pressure china and actually to forge a strategic encircled line of china diplomatically economically and militarily you know i indicated some of the dimensions of that and i think it's important to understand that this is not in the interest of the people of the world in the united states or bows the u.s. is the most dominant imperialist power in china is a capitalist power in transition to becoming an imperialist power this is not in the interest of the people the world like you know it was in italy and not any interest of the people of the world thing that growing tensions between the two countries. well if the u.s. is really asserting its dominance in that region and what i'm saying is that will a potentially lead to conflict and be the battle between the united states and china is a battle over the right to exploit to create exploitation zones you know it's interesting that one of the agreements that was reached it wasn't really an agreement in the negotiations of the last two days that obama has been in with the leaders of china there was this whole question of inte

and china is now... we're talking about the rise of china because it's going to be one of the two great powers in the next few decades. >> rose: there are nose who at the same time say ezra vogel is in love with s subject. and that the narrative is not critical eugh because in deng chao peng's toughness there were things that are not attractive. >> that is wh they say. >> rose: (laughs) >> i think my objective collar friends who... all tho things are there but i think that you're right. i think what chris patton said that tiananmenasts such a paul that they went... they say deng's awful, he was a terrible man. he did all those tngs and as a biograph i tell about all those things he did. and i... i don't yell awful, awful, awful as some of them would write. >> rose: but there's also the conquest of tibet. >> well... but tibet wasn't a conquest. he sent troops to tibet. but the significant thing was battles about tibet before the tibet was taken when lot of tibetan soldiers lost their lives and therefore t

and europe and all those other countries outside of china why not china because china right now as we speak is mining as much as they possibly can while we're fighting a war in afghanistan i should be more they actually are spending comparable money billions of dollars mining copper they have set up a mat massive infrastructure a paramilitary and you know way i mean this is how bad it gets in a way they're actually using our war to distract the afghanis that's not intentional but between most. of course china does is not directed against us but directed for china way i see it is that there is a war going on in this world right now and it's a war for resources we're not fighting and we really don't even know it exists china is fighting it with all the coming and all the skills and all the people that they have and if we don't wake up soon enough i fear for our standard of living our way of life the whole shebang and i think these kinds of protests that you're seeing right now come from the fact that gasoline and other necessities of life just cost the typical person massive massive per

you have to consider we have china came from where it started and if you look around china we're not only in sickness like beijing or shanghai we are on the countryside and if you see the children of parents who can not to eat having the ability. that often to visit the school to afghanistan to learning so that they're all to look for life has increased and improved dramatically you know you cannot always see look at china and say ok you cannot always throw the government clearly you cannot all of us for the problem but life is not the only content in overthrowing governments life is that you can fulfill your dreams that you can create a child that you can well create a family all of this is very much in the needs of the chinese people and they have more and more of it. yeah ok i get there but i don't want to hear the story that china has communist government has raised two hundred million people out of poverty they didn't raise anybody out of poverty hard working intelligent chinese people raise their selves out of poverty where the boot lifted just a little bit and cheering for the

know i tend to try to get china to raise the value of its currency if you want china them think they care what these other countries want when you have president obama when you have the leaders trying to get in and talk about this talk to me a little bit about this. well i think that you know what's going on is as i said these intensifying escalating tensions between the united states and china over you know the over the asia pacific region the u.s. has long been the dominant ahead ramoni power there economically and militarily and now you see china's very rapid rise and the us as i said is seeking to pressure china and actually to forge a strategic encircled one of trying to diplomatically economically and militarily you know indicated some of the dimensions of that and i think it's important to understand that this is not in the interest of the people of the world in the united states or blows the u.s. is the most dominant imperialist power in china is a capitalist power in transition to becoming an imperialist power this is not in the interest of the people worldwide you know it w

in china as money in china say no first of which you're housing or that in your opinion with think about leaders and. in corporations western corporations question the law of the effect that it legal china if you look allies like reason and keep their profits so all you a little looser segment in all this drama zisha. looking glasses in the lords and you know are you just mentioned as have any other sign ups on this report g.o.p. presidential candidates taking a dig at china there is sort of a fear mongering that seems to be going on on one side but we also saw michele bachmann comparing the two countries saying in a sense let's get rid of american programs like lyndon johnson's great society bachmann says that this has made the us into a quote welfare state she says if only we were more like china they don't have food stamps then they save for their own retirement so badly i guess i get an idea from you about some of these different views from potential future leaders of this country and the way they view china. look every time i watch a republican debate my cat runs out of the ruled ab

is to effect big one china's money in china same will force the put your house in order in europe in with think about leaders summit in corporations western corporations question they love defected to china do you look allies like crazy in keep their profits so there is only one loser segments in all this transition into. looking glasses in the lores and you know you just mentioned this and they also sign off on his report g.o.p. presidential candidates taking a dig at china there is sort of a fear mongering that seems to be going on on one side but we also saw michele bachmann comparing the two countries saying in a sense let's get rid of american programs like lyndon johnson's great society bachmann says that this has made the us into a quote welfare state she says if only we were more like china they don't have food stamps they don't they save for their own retirement so badly i guess i want to get an idea from you about some of these different views from potential future leaders of this country and the way they view china. look at every thermo watch the republicans eat my cat run

with our money i want to be china i want to go to war with china and make america the most attractive place in the world to do business with. doesn't have to be us or them and isn't buying it the world changing you know so like the fact the fact that like china's economy is modernizing. isn't the reason why our economy is doing poorly right now. and so it's maybe just a straw man when. presidential candidates bring it up but i think it in a business sense that it can all make sense was countries to just work with china as any other country so yeah i don't know where the fear comes from from the u.s. about china well there you have it it seems to china is the new kid on the economic block and it's up to the u.s. elbow us to see how they deal with reporting from wash. and i just said oh see as just a little while ago i spoke to caroline hellman she's a professor of politics at occidental college he told me that people in the u.s. may want to just those attitudes toward china and explain sometimes a little friendly rivalry isn't so bad for us i think that it is positive when we have anot

china angola, china and the drc. china was one of these countries, but it was a large poor country with oil and the line of credit to be repaid with a whale was offered by japan in the late 1970s. why am i telling you this story today? i am telling you this story because of several different reasons. one is this arrangement was not based on a period there was a market weight line of credit that just japan offered to china. china said this is something that could be his first benefit to this is something that benefited japan come and pick up focus and services to china and it benefited china because they could import things they didn't have an international credit rating to burrow for you. now, china is operating in africa at as many of the framers that it is learned by being a nation power and some of those complement relationships with japan. it's a different bottle of engagement and much of this is not actually involve official development aid. it's much closer to japan's engagement asian countries. so there are a

about china well there you have it it seems china is the new kid on the economic block and it's up to the u.s. and go west to see how they deal with reporting from washington and i can say oh i see. caroline helpmann from the occidental college in los angeles says the washington feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear these republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to prove the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top of perceived because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relations. if

money into the market which has benefited china but i'd like to also challenge this notion that china owns the united states they own about eight percent of our debt japan is about six percent of our debt so again overblown so do position do political decisions now how this you know this affects of leading to to economic decline and the demise of the west again i think this is these are are more romantic narratives about the west in the minds of americans and this concern that we won't be on top and i'll complicate that a little further that our expansion and our imperialism started with the founding with the notion that anglo-saxon rights male protestants in particular were the less and kind and this led to us you know the genocide of the native americans as we expanded westward it led to atrocities in hawaii and the philippines and beyond so i think it is good that america will have competitors because unchecked imperialism leads to all sorts of of colonial issues and even genocide i think that's an important point and when you talk about competitors sometimes it's a little difficul

economy is dependent on europe buying exports from china and also a large portion of china's china's currency reserves are in the euro so it's not a china's interest to see europe's economy fail or decline and that of course is part of this discussion as well of foreign ministry spokesperson here in china this week said china will always be an important investor and the european financial market so we have to wait and see so if anyone wants to put their money into something they're going to want some kind of return on their investment what kind of return do you think china will be looking to get from putting its money into europe. now looks like china will likely be asking for some major concessions one route for china's funding of the bailout fund would go through the i.m.f. through an i.m.f. find now the i.m.f. historically has been dominated by the united states and european powers and developing. countries have long argued for greater voting power and more of a voice in the i.m.f. so it's possible that china would demand greater voting powers within the i.m.f. for having its mone

well russia and china certainly view the whole situation very differently. they are very much against any kind of repeat of the libya situation and they and they certainly don't want to have posed any any u.n. security council resolution or russia they see it as a two way street and they think that president only be exerted on prison and this as sad because both sides are guilty of violence the free syrian army which is one of the main opposition groups that in syria the moment is largely made up now of defectors from the syrian army so they're suggesting that. there could be a resolution sought through dialogue between both sides that's really the only end so what foreign minister sergey lavrov is now calling a civil war. look look good we suggested in order to put together a position to be in place all countries concerned with a peaceful outcome develop a system seriously that should demand not only from the syrian authorities but also from the opposition at least stop the violence the ongoing attacks of government buildings in syria looks like a civil war

don't know where the fear comes from from the us about china well there you have it it seems china is the new kid on the economic block and it's up to the us ammo west to see how they deal with reporting from washington i'm a genocidal party. talk to karen on hell been from occidental college in los angeles says that washington feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear these republican contenders talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top are perceived because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be

money report thief in china scolds a woman for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there and the thief launched into a tirade cast izing the woman for having nothing of value to steal he criticised her for more than ten minutes telling her she needs to get educated work harder and accumulate some kind of wealth before she gets old the man went on i am but a simple thief yet i have more than you so i thought this could possibly be jamie diamond he read that there was all the silver going to try and he was like a cat burglar ring around looking for some silver to me this naked short position well i think something a loss of the translation actually because the woman was actually sleeping on a mattress filled with u.s. dollars and as the thief pointed out there's little value in those i want i want real look i want silver but it's also i think the motto for the one percent you see the occupy wall street people they're out there in chicago los angeles denver and

about china well there you have it it seems china is the new kid on the economic block and it's up to the u.s. ever go west to see how they deal with reporting from washington and montana said oh i see dr caroline helpmann from occidental college in los angeles says washington feels the need to paint china as the new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear this republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to do the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top are seeing because then they act with impunity and i believe that various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relations and now

currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt. but u.s. has long complained that china keeps its currency artificially weak to give an advantage to exporters but china says the yuan has to rise gradually to avoid harming its economy across one of the office on a boy explains the differences that have piled up now between washington and beijing if there is any us state where the occupy movement has little chance it's probably why despite the high concentration of politicians in wall street big week socializing at the apec summit the only place people are willing to buy here on mass at the beach is this one exception these pictures tourists are against greed and social injustice they're against economic inequality and they are against china . who incidentally the mood at the podium was similarly. i think we can benefit from trade with china and i want certainly to continue cultivating a. a constructive relationship with the trying is gover