debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the western radii agencies as completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate west you know governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think will shock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by do they actually they one of the biggest internet companies and that china is now accepting bitcoin and because. and we saw it happen in cyprus and cyprus started the balance but going to shot up to two forty we know that in venezuela and argentina there's huge bitcoin activity due to the instability those governments there but if china would want to own one point two billion people they decide that bitcoin is on a par with gold and silver which they should. and they say capture the bitcoin market how

and china and this is what many say is why china up buying will this go because that this relationship with the u.s. dollar you know this connection they have i think this is the key thing that everyone should be looking at but i think what you need to think about is that they're not any trying to build up their reserves to. where they're trying to encourage individuals to hold gold say not just it's not just about cutting that you know how many tons of gold they've got they're preparing then laying the ground is not something international contends there is that they're laying the ground making sure people people have enough gold individuals have enough gold as well all right we got to cut it off there jeff skiles thanks so much for once again being on the kaiser report and. that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i'd like to thank our guest jens coils of the real asset company where you can find her latest research if you like to get in touch please tweet us at kaiser reported that exxon mask others and buy off. we made it out

and china and this is what many say is why china up buying will this go because that this relationship with the u.s. dollar you know this connection they have i think this is the key thing that everyone should be looking at but i think what you need to think about is that they're not any trying to build up their reserves to. where they're trying to encourage individuals to hold gold say not just it's not just about cutting that you know how many tons of gold they've got by preparing then laying the ground is not something international contends there is that they're laying the ground to make sure people people have enough gold individuals have enough gold as well all right we got to cut it off there jeff skiles thanks so much for once again being on the kaiser report. and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i'd like to thank our guest jan spoils of the real asset company where you can find her of latest research if you like to get in touch please tweet us at kaiser report of the next time magazine by go. and. last time was a

debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the requester radiated she says completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate west governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think will shock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by did they actually they one of the biggest internet companies and that china is now accepting bitcoin and because. and we saw what happened in cyprus and cyprus started the balance but coins shot up to two forty we know that in venezuela in argentina there's huge bitcoin activity due to the instability those governments there but if china would want to one point two billion people they decide that bitcoin is on a par with gold and silver which they should it and they say capture the bitcoin market how much of

the china sea. he claims sovereignty over several disputed islands. he said all concerned parties should abide by international law and refrain from taking unilateral action. he added asean nations need to be united to a code of conduct. >>> citizens in japan enjoy a democracy, but fewer and fewer young people enjoy their right to vote. some activists seem to reengage them and want to know how. so they reached out for inspiration from a young american. nhk world has the story. >> reporter: a nonpartisan group encourages young americans to participate in politics. he came to a symposium in tokyo to tell about his ideas and experience. first is to get out the youth vote during the 2008 presidential election, which swept barack obama into the white house. he urged young americans to cast votes across the country. 25,000 youngsters registered to vote. >> young people are going to be alive longer than anyone else. so anything that happens -- any decision that's made, any person who's elected is going to

then what is special significance of peace for china? how do we see it in china? there are, of course many considerations for peace, but today i want to focus on a factor that is not so material or tangible, but moral, profound, and lasting. and that is our culture. if we want to have just one chinese character to best describe the chinese value, it is this one. and this character in chinese could be translated into many english words. peace, harmony, reconciliation, integrated and benevolence, and there are many others. we believe that harmony can and should be achieved by accommodating diversity. that's why i would say to people in english it means harmony without -- semi. we also believe the spirit brings good fortune to everybody. so even the chinese term for peace, corruption. that if we look at these two characters closely, i think most of you recognize these characters. i wrote them myself. if we look at them very closely, it actually means it is achieved by following the spirit. [inaudible] together they make peace. that is why confucius said, peace is the

china is concerned china is very conscious of the fact that it is holding a lot of u.s. treasuries and china wishes it wasn't in that position in any case so therefore it is consciously trying to move into economy where the next four to one that is going to be consumer led i mean this is a very important point who previously were seen as the factory of the world's a desperate producers goods and it's warning us dollars with all of us dollars there's no want to do with it so therefore it has to go and buy u.s. treasuries so which is it wasn't in that position unfortunately it is and it is actively trying to move away from that and trying to make its economy more consumer which is great news for investors who are looking to our supply consumers so it's looking to diversify its funds but it's not the u.s. where else can china park its its huge amount of cash. that's an interesting point gave you in china is already doing this because if you have a look at some of the investments that jana is making right now a lot of people may not know this but it on the center. and even a

resources you know homes of asset china has been diversified we are seeing that china has the special feature use all means in shanghai and i hong kong to speed up the process of. of the remember the international currency so all signs point to the fact that the renminbi is likely to become political world of all maybe within the bank it was china looking to wind down its american holdings the u.k. is making clear it's a good it's a perfectly good turn at it prices headlines in his chinese finance but it's called pax super visas and access to the u.k.'s most lucrative contracts in exchange for beijing's billions coming to britain. and also agrees studies from one crisis to another this time a sweeping new round of universities staff forces teachers out on strike and students into the streets protesting with that. may disagree. but i believe america is exceptional. just weeks. we get. to. see them. do we speak your language as anybody will or not a day in. the program says documentaries in spanish what matters to you. a little turn a different angle is the story. here. the spanish to f

debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the western media agency that is completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate west you know governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think will shock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by did they actually the one of the biggest internet companies and that china is now accepting bitcoin and because. and we saw what happened in cyprus in cyprus the start of the balance but going to shot up to two forty we know that in venezuela and argentina there's huge bitcoin activity due to the instability those governments there but if china would want to one point two billion people they decide that bitcoin is on a par with gold and silver which they should it and they say capture the bitcoin m

japan controls the seeing cue islands in the east china sea. china and taiwan both claim them. the japanese government maintains no such issue exists and says the islands are an inherent part of its territory in terms of history and international law. president xi and prime minister abe briefly exchanged words in september at the g-20 summit in russia. it was the first time they had spoken since they both took office over the last year. >>> the south korea i don't know president says she's not ready to meet with j.p. japan's prime minister in the near future. she says japan should first take steps to improve bilateral relations. pak met u.s. defense secretary chuck hagel in seoul. she said south korea and japan had been unable to build trust because of unwelcome remarks by japanese leaders over historical and territorial issues. pak and shinzo abe have not held talks since taking office. they exchanged simple greetings at the g-20 summit in russia in september. south korea and japan are at odds over disputed islands and the legacy of japan's colonial rule over the korean penins

the outlook of china's economy remains upbeat. the imf managing director says china's debt problem is a serious concern, he also says the country has the tools to deal with it. that is the latest from hong kong. >> thank you so much. the opening of free trade zones in shanghai is challenging hong kong's stature as a gateway to china. hong kong has long benefited from being the gateway to china. the proximity to the mainland make it attractive to foreign companies. that role is being challenged as free trade zones in shanghai open for business. the shanghai free trade zone is the one to keep an eye on, economists say. the government would like to see shanghai. >> it is too early to tell. over 600 u.s. firms expressed interest in doing business in hong kong. >> it is about innovation. hong kong needs to keep innovating and reinventing itself. >> one of those is global professional network. they recently opened an office in hong kong as it considers the city and the mainland as fast- growing markets with a total of 3 million members

do we need china? of course we need china. of course china needs us. to try and measure this like who needs each other worse, how silly is that? >> but, john, you can measure it. we are a greater country than china, are we not? >> that's what we say about them. >> we are and it's easy to say because china is the poorer country, they get more from us than we do from them. that is the beauty of free trade. both sides benefit. the chinese have the huge export market to sell to. but for americans, every day the chinese get up and go to work, americans get a raise and a lifestyle enhancement. so yes, it's great for china, but china is embrace of free markets is one of the greatest things that happened to the american economy in modern times. >> let's hope it continues in that direction. we have to remember right now, steve, it's still a communist country. >> that's right. china has 44 million small business, most operate in the twilight zone. only now are they allowing lie senses to deal with the 44 million new business, small businesses. they've also got t

names on america's debt to get their way will report on the fear and panic among creditors and why china wants to americanized the world's economy. and go into violence weeps and neighborhood in moscow as an angry mob wreaks havoc after being outraged by the murder of a local resident. international news live from moscow this is a party with me you have our thanks for joining us accountable minorca west in syria has killed more than twenty people and wounded many others a powerful blast came just a day after twin car bombs rocks the center of damascus one near a hotel where international chemical weapons inspectors are staying. reports now from the syrian capital. a car bomb has exploded in a rebel held north western town in the province of which is not far from the syrian turkish border from the reports we have it seems that as many as twenty people have been killed and dozens more wounded the explosion happened at a busy marketplace this is the same province where on sunday seven red cross workers were ducted while they were traveling they were shot at by gunmen and taken to a named lo

the benefits and implications of china's ambition. yet again china is number one this time surpassing the united states as the world's biggest importer of oil what's more according to u.s. government findings china is expected to remain the top global gas guzzler well into the next year part of the reason is china's economy is growing as well as rising auto sales that has increased demand as a result china has used more oil than it can actually produce having to turn to outside sources in order to fill that gap americans still consume more oil per person but china is slowly catching up on the one hand it is a sign of progress the economic boom has raised incomes and to china's influence around the world china's economy may be cooling but it's still expected to grow by nearly eight percent this year which is well above forecasts for the united states but this is one world beating achievement of the chinese leaders may not actually want they've seen the experience of the united states economy often hostage to political instability in th

government's relatively recent enthusiasm towards making friends with china is easy to explain china's economy is one of the foster growing in the world while the u.k. is struggling to emerge from a recession and it looks like the guys in there have finally decided that if you can't beat him if you're not even close. join them. chinese investment has been a hot topic in europe in recent years with one side is eager to lure beijing in its riches the other though is more wary pointing to allegations of china taking advantage of angola's oil sector or flooding the markets of garner with counterfeit goods as examples of why caution is needed well more now on the risks and the payoffs with ben harris quinn he's chairman of the group think tank joining me live in london but so just last year david cameron upset china by having a meeting with the dalai lama now we see george osborne there courting investment in beijing money is talking now rather than politics is it. yeah it's a fascinating rebalancing of our approach to china from a government point of view training to what i would perceive

doing deals with the chinese after having stripped all the jobs here and giving all the jobs to china well of course the energy companies are being sold off to china as well so of course what happened was margaret thatcher privatized british gas and now it's all those sort of companies are being sold to national companies whether it's in germany france or china state owned companies that are now by this is the really the ironic bit of it is that the royal mail was sold off there was privatized a huge buyer of royal mail stock or the public pension funds in germany and other countries from the public welfare sector that will be getting the money that britain spend on mail and higher and higher and higher and then the public pension funds of these countries will get the benefit of having a utility like royal mail sure a few people made a few private pops on the stock it was up a few percentage points and they made a few quick bucks but within two years the turn over the float will be such with these the british people of vomit out their profits on the street within a year or so having a

debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the western radii agencies as completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate. governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think was shock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by do they actually the one of the biggest internet companies and that china is now accepting bitcoin and because. and we saw what happened in cyprus and cyprus started the balance but going to shot up to two forty we know that in venezuela and argentina there's huge bitcoin activity due to the instability those governments there but if china would want to own one point two billion people they decide that bitcoin is on a par with gold and silver which they should. and they say capture the bitcoin market how much of a

we have over 65 employees in china. we see ourselves as part of the fabric of china. that is very much our philosophy that has evolved. i think hollywood studios are starting to build the infrastructure, but until recently, i think they have seen it as an export market, like they see many other markets in the world. given the size of the chinese market and how important it is going to be, i think it will pass the u.s. and box office by 2018. i think hollywood will evolve to that model. we just got there sooner. >> imax's ceo is being honored tonight for his company's long- term investments and commitments to constructive relationships in china. at the national committee on u.s. china relations here in new york. we are going to take a quick break. when we come back, we will take a look at the growing global problem of food waste. some countries are weighted down by overwhelming obesity rates. some are struggling to feed millions. >> i am in los angeles. 854 million people in the world go hungry, and one in six americans don't have access to enough food. why then are am

he ended up in china for eight years. >> when i got there, it said, welcome to china silicon valley. >> where the san jose state graduate worked for lenovo, who had just acquired ibm's business. he described it as an eye opener for an american working for a chinese company. >> the heightened competitiveness of the country, and so many jobs migrating overseas and china has become the scapegoat as a whole. >> we have been demonized thoroughly. >> the world's largest te telecommunications equipment producer tried to buy a majority stake but the deal fell through. >> the consequence is that 3com is completely gone, here was a chance where he could have saved some american jobs if the acquisition was allowed. >> hewlett-packard went on to acquire 3com in 2010. >> you criticize china for corruption. you won't hear any rebuttal for me. >> but right now, americans only have room to worry about one government, their own. >> our own source of corruption. how money corrupts all the political campaigns. that should be a concern to us. >> while, the u.s. invested more than $50 billion in china la

another collection of islands in the south china sea are claimed by several countries including china, the philippines, vietnam, brunei, and malaysia. we have the report now from southern china. >> reporter: this fish port is one of the busiest. last year the catch brought back here was 70,000 pints, worth $200 million u.s. dollars. this fisherman says it isn't as easy to earn money as it used to be. for a higher wage they have to go further out to sea, battle stronger currents and risk encountering vessels from neighboring countries. >> the islands are all chinese territory. we're not afraid of going fishing. our navy will protect us. >> reporter: it's the presence of the chinese military in sdmuted waters some 330 kill meters that has raised tensioning in the region. china says it has a historical claim on almost all of the resource-rich south china sea, but some neighbors disagree and china is being accused of becoming more and more aggressive in protecting its fishermen. the fishing community here says the chinese government encouraging them to go further out giving them freshwate

debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the western radii agency that is completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate west you know governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think will stock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by did the century the one of the biggest internet companies and that china is now accepting bitcoin and big cool. and we saw what happened in cyprus and cyprus started the balance but going to shot up to two forty we know that in venezuela and argentina there's huge bitcoin activity due to the instability those governments there but if china would want to own one point two billion people they decide that bitcoin is on a par with gold and silver which they should. and they say capture the bitcoin mark

and china and this is what many say is why china up buying will this go because that this relationship with the u.s. dollar you know this connection they have i think this is the key thing that everyone should be looking at but i think what you need to think about is that they're not any trying to build up their reserves to. where they're trying to encourage individuals to hold gold say not just it's not just about cutting that you know how many tons of gold they've got by preparing then laying the ground not something international contends there is that they're laying the ground making sure people people have enough gold individuals have enough gold as well all right we got to cut it off there jeff skiles thanks so much for once again being on the kaiser report. and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i'd like to thank our guest jens coils of the real asset company where you can find her latest research if you like to get in touch please tweet us at kaiser report of the next time magazine bio. the united states is in discus

times of assets so china has been diversifying we are seeing that china has special feature a zones in shanghai and you chain high hong kong to speed up the process of. the revenue base as the international currency so all signs point to the fact that the renminbi is likely to become political multiple maybe within the bank it. with china looking to wind down its american holdings the u.k.'s making clear it is a perfectly good alternative. chinese firms political perks visas and access to the u.k.'s most lucrative projects in exchange for beijing's billions coming to britain. from one crisis to another this time a sweeping new round of university staff cuts forces teachers out on strike and students into the street protesting with them. actually nothing very good has happened in afghanistan the last twelve years and that's something western media and political leaders don't like to talk about anymore well there's really no actual practicing democracy to speak of in afghanistan what you have is kleptocratic corrupt. state but we should reframe the question so i was only just stays th

china is concerned china is very conscious of the fact that it is holding a lot of u.s. treasuries and china wishes it wasn't in that position in any case so therefore it is consciously trying to move into economy where the next four to one that is going to be consumer led i mean this is a very important point who previously were seen as the factory of the world's a good producers goods and i think it's paid for in u.s. dollars with all the u.s. dollars there's no want to do with it so therefore it has to go and buy u.s. treasuries so which is it wasn't in that position unfortunately it is and it is actively trying to move away from that and trying to make its economy more consumer which is great news for investors who are looking to. supply consumers so it's looking to diversify its funds but it's not the u.s. where else can china park its its huge amount of cash. that's an interesting point in china is already doing this because if you have a look at some of the investments in china is making right now a lot of people may not know this but it almost percent of you know

china is concerned china is very conscious of the fact that it is holding a lot of u.s. treasuries and china wishes it wasn't in that position in any case so therefore it is consciously trying to move an economy where from the next four to one that is going to be consumer led i mean this is a very important point who previously were seen as the factory of the world's a good producers goods and i think it's great for in u.s. dollars with all of us dollars there's no want to do with it so therefore it has to go and buy u.s. treasuries so which is it wasn't in that position unfortunately it is and it is actively trying to move away from that and trying to make its economy more consumer which is great news for investors who are looking to. supply consumers so it's looking to diversify its funds but it's not the u.s. where else can china park its its huge amount of cash. that's an interesting point gave you china is already doing this because if you have a look at some of the investments that january's making right now a lot of people may not know this but it almost percent o

the south china sea. but many headlines have been focused not on who attended the summit, but who didn't. u.s. president barack obama stayed home, and in his absence china could aggressively emphasize its desire for greater cooperation with asean. a block of fast-growing economies with a combined market of more than 600 million potential consumers. the main topic of discussion was a dispute over territorial rights in the south china sea. china's claims to the area overlap with those of some asean members, including the philippines. it was focused on whether progress would be made toward a proposed legally binding code of conduct to resolve the disputes. the premier emphasized at the meeting that china remains positive on the coc. but lee also warned against outside interference, an apparent reference to the united states and japan. a number of asean nations have disputes with china, but beijing has singled them out to bear the pressure. after a two-month standoff with philippine ships, china took effectiv

debtor to china but yet china has a lower rating than the united states is makes absolutely no sense they've called the western radii agencies as completely impartial and captured by the western governments and now they're going to work together to create a new company universal credit agency that is going to properly rate. governments globally as well as corporations all right dan let's let's really change gears for a second and talk about something that i think will shock a lot of people and that is that china is now the biggest by volume trader of bitcoin in the world by did they actually they one of the biggest internet companies and that china is now accepting bitcoin and because. and we saw what happened in cyprus and cyprus started the balance but coins shot up to two forty we know that in venezuela in argentina there's huge bitcoin activity due to the instability those governments there but if china would want to own one point two billion people they decide that bitcoin is on a par with gold and silver which they should it and they say capture the bitcoin market how much of a

and as the world braces for the worst some nations are seeking economic refuge in china after its call for global d. americanization. hello and welcome back to r.t. after our scheduled engineering work at the new center here in moscow into one with a let's get straight in to our main story the song. keta isn't boiled in a fresh scandal over its twenty twenty two world cup preparations two german documentary makers were detained they after talking to and filming migrants building the event's infrastructure they're investigating claims that labor conditions in the gulf kingdom border on slavery and have led to dozens of migrant workers deaths r.t. talked to filmmaker peter gives all who told us about his detention in doha and shared some of the video that led to his arrest. first we got arrested by the federal police in a hotel rooms were taken to the headquarters which is an doha city and we were questioned and interrogated for a couple of hours and just after midnight we got cuffed our equipment cameras all the memory sticks we had everything was taken from us and we were taken to a st

. >> she studied japanese while at university in china. and after graduation she opened a japanese language school to teach university students. but last year she began wishing to come to japan. last year japan's relations rapidly worsened over territorial disputes. while the situation hurt her feelings, it also made her want to come to japan to deepen mutual understanding of people of both countries on a personal level. >> translator: children are influenced by grown ups at an early age. if i do a good job of explaining china to them there will be fewer misunderstandings. i think that's very meaningful. >> reporter: she thought her experience at her own school in china would be useful but things are not easy. unlike college students she used to teach in china, children in japan don't have much interest in her country. how can she attract children's attention? on this day, she decided to explain about the mid autumn festival, a common custom observed in both japan and china. she starts her class by showing slides to children. there are 18

and china and this is what many say is why china up buying will this go because that this relationship with the u.s. dollar you know this connection they have i think this is the key thing that everyone should be looking at but i think what you need to think about is that they're not any trying to build up their reserves to. where they're trying to encourage individuals to hold gold say not just it's not just about cutting out you know how many tons of gold they've got by preparing then laying the ground not something international contends there is that they're laying the ground making sure people people have enough gold individuals have enough gold as well all right we got to cut it off there jeff skiles thanks so much for once again being on the kaiser report and. that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i'd like to thank our guest jens coils of the real asset company where you can find her latest research if you like to get in touch please tweet us at kaiser report of the next time magazine by a. deliberate tour. which is on i

china's parliament. the national people's congress is gathering for it's annual meeting in ba beijing. people's congress connecticut siss of three thousand delegates representing the country's 55 minority groups. as well as the majority chinese. officially the national people's congress is the top decision making body an legislative assembly. it's also responsible for electing the country's president. two-thirds of the delegates belong to china's communist party. it's the world's largest political party and has held power for more than six years. [speaking foreign language] >> he teaches at the central party school in beijing where party elites are educated. he is editor a and chief of a nw book about the communist party. he has no doubt as to why the communist party is still in power. [speaking foreign language] the 300 3000 dealt 300 3000 delt elected in general direct election. instead middl most of a a pointy regional and provincial assemblies having been first approved by the communist party. in nor

-china relations. i would like to ask a question about the guideline of many years ago going back to perhaps 1991 will when he had some people say 24 or 28 character expression. but the core of it what it was often referred to is the four characters to keep a low profile but sometimes people translated as played your capabilities and bite your time although i never thought i was a very good interpretation. now this freeze in 2010 in a very important article that he wrote which was published both in chinese and then english, foreign ministry web site. quite unusual for an official to actually use that phrase in writing. it's been done a couple times. but we haven't seen it since then not mentioned in any major speech or article. so i wondered if you can comment on the relevance today for a chinese foreign policy of the guideline of keeping a low profile. is this still the important? thank you. >> of course a lot of good things. [inaudible] with within china and abroad. it was quite clear and quite simpl

of the benefits and implications of china's ambitions. yet again china is number one this time surpassing the united states as the world's biggest importer of oil what's more according to u.s. government findings china is expected to remain the top global gas guzzler well into the next year part of the reason is china's economy is growing as well as rising auto sales that has increased demand as a result china has used more oil than it can actually produce having to turn to outside sources in order to fill that gap americans still consume more oil per person but china is slowly catching up on the one hand it is a sign of progress the economic boom has raised incomes and to china's influence around the world china's economy may be cooling but it's still expected to grow by nearly eight percent this year which is well above forecasts for the united states but this is one world beating achievement to the chinese leaders may not actually want they've seen the experience of the united states economy often hostage to political instability in th

china and japan are warning, yeah, raise it. >> china is now complaining. about a fiscal integrity of the united states of america, because we are arriving at a point in a feud, we are not going to pay our bills. this is america. >> check out these international headlines. these are not the worst of them. the uk's "independent" newspaper saying china to the u.s., get your fiscal house in order. >> china warns washington over u.s. fiscal impasse. >> alison kosik is joining us now. china and japan are concerned about the u.s. financial impasse for one reason. they are holding most of the foreign debt. >> exactly. they are allowed to complain, right? china plaining? you can understand that. china and japan are our biggest creditors so they want to get paid. you look at who holds our debt. china holds 1.3 trillion dollars of our debt and they invest in the u.s. and buy our debt and that debt accrues interest and we have to pay that interest. china and japan, they want to make sure this happens but with every day that passes, the default becomes more likely. you

so china has been diversifying we are seeing that china has a special feature a zones in shanghai and chain high hong kong to speed up the process of. all the members of the national currency so all signs point to the fact that the renminbi is likely to become fully convertible maybe within a decade. and with china looking to wind down its american holdings the u.k. is making clear it's a perfectly good alternative crisis hit london office chinese sons but it's called pox sopa visas and access to the u.k.'s most lucrative projects in exchange for beijing's billions coming to britain. and also later greece standers from one crisis to another this time swearing new round of universities stop cuts forces teachers out on strike and students into the street protesting without. talking about language at all but i will only react to situations i have read the reports of legal pollution and no i will leave them to the state department to comment on your latter point to save the security of a car is on the docket no gonna. take you no more weasel words. when you need a direct question be prepa

first up china's jump in u.s. debt so the headlines say what are the chicken littles of the financial world getting ahead of themselves we were below that historical hysteria when it comes to foreigners buying of uncle's sam's ious as well as the real eight hundred pound gorilla sit in on the trade desperate there and thirty eight months after dodd frank was passed the bureaucrats are still battling around with the final rules rules that are supposed to keep your favorite too big to fail banks on the routes nailer of public citizen joins me to cast a plan and finally bob talks with the david webb about how the financial industry gamed the system to legally take your assets legally even if fraud is committed let's get to the ship. with the u.s. government shutdown still fresh but slightly fading in the memory of most the treasury just released its monthly report detailing who is buying and selling u.s. debt since may two thousand and thirteen china has shot at twenty nine billion dollars in treasuries leading to he

doing deals with the chinese after having stripped all the jobs here and giving all the jobs to china well of course the energy companies are being sold off to china as well so of course what happened was margaret thatcher privatized british gas and now it's all those sort of companies are being sold to national companies whether it's in germany france or china state owned companies that are now by this is the really the ironic bit of it there is that the royal mail was sold off there was privatized a huge buyer of royal mail stock or the public pension funds in germany and other countries from the public welfare sector that will be getting the money that britain spend on mail and higher and higher and higher and then the public pension funds of these countries will get the benefit of having a utility like royal mail sure a few people made a few private pops on the stock it was up a few percentage points and they made a few quick bucks but within two years the turn over the float will be such with these the british people of vomit out their profits on the street within a year or so ha

first up china's jump in u.s. debt or so the headlines say what are the chicken littles of the financial world getting ahead of themselves we were feel that historical hysteria when it comes to foreigners buying of uncle's sam's ious as well as the real eight hundred pound gorilla sit in on the trade desperate over there and thirty eight months after dodd frank was passed the bureaucrats are still battling around with the final rules rules that are supposed to keep your favorites too big to fail banks on the routes nailer of public citizen joins me to cast a skeptical glance and finally bob talks with the david webb about how the financial industry gamed the system to legally take your assets legally even if fraud is committed let's get to the ship. with a u.s. government shutdown still fresh but slightly fading in the memory of most the treasury just released its monthly report detailing who is buying and selling u.s. debt since may two thousand and thirteen china has shot at twenty nine billion dollars in treasu

of assets so china has been diversifying we are seeing that china has that a special feature a zones in shanghai and in chennai and hong kong to speed up the process of. the roman bay at the international currency so all signs point to the fact that the renminbi is likely to become fully convertible maybe within a decade. with china looking to wind down its american holdings the u.k. is making it clear that it is a perfectly good alternative chinese firms political puck super visas and access to the u.k.'s most lucrative projects and exchange for beijing's billions coming to britain. and also still to come. from one crisis to another this time a sweeping new round of universities cuts teacher strike and students into the street protesting with them. and i think the. foreigners. are. going to. be. a pleasure to have you with us here today. news continues here on r.t. britain is not afraid of china and is willing to take its money to prove it declares finance minister george osborne in beijing he's leading a trade mission there at a time when london is vying for china's favor and billi

china has been diversified we are seeing that china has their special. in shanghai and i call to speed up the process of. of the roman bay at the international currency so all signs point to the fact that the renminbi is likely to become political world of all maybe within that there could and coming out of greece's stunning views from one crisis to another this time a sweeping new run universities start dance forces teachers out of strike and students into the streets protesting with their. brother thousand suspected illegal migrants have been detained in southern most co following a raid on a shortage industrial area came in a direct response to local outrage over the scale of an official workers in the area people say they're sitting on a power day care citing a catastrophic lapse of security and angry crowd of people wreaks havoc overnight as protests were sparked by the murder of a local resident. the rides didn't start off of violently in fact they started off as a gathering of local residents who are concerned with the investigation of the into th

china says it has a historical claim on almost of the resource rich south china sea, but some of its neighbors disagree and china being accused of becoming more and more aggressive in protecting it's a fishermen. the fish be community here says the chinese government encourages them to go further out and in to disputed waters. giving them fresh without fore the journey, and free petrol. it allows them a larger catch. but it also strengthens the claim of sovereignty. a claim that is now being formally contested by the philippines before an international maritime tribunal. an unwelcome move on this side of the water. the chinese government has always maintained the matter should be kept between the states directly involved. >> the two sides should always seek peaceful means and properly hand this through dialogue and friendly negotiation in order to safe guy bilateral relations and regional stability. >> reporter: china has agreed to sit down and begin discussion for his a more binding code of conduct in disputed waters. but for the fishing community here, the entangle little of s of g

re>> it is second only to china as in east asia. -- china's in east asia. vietnam's energy industry could be a boon for companies. in light of japan's 2011 fukushima nuclear disaster, safety fears remain. investment in clean or render mobile energy like wind and solar has been on the rise in recent years. that trend is starting with steam. $69 billion flowed into the energy sector worldwide, more than double 20 -- 2005 levels. china alone accounted for $65 billion, up 20% from the year before. it now lags behind oil and gas by a mere 25%. that growth has been tapering as of late. they look set for the second annual decline this year after an 11% drop in 2012. that is part because europe is pulling back on subsidies. financial gas has been luring away investment in the u.s.. joining me now with more on global renewable energy is doug ballard, the executive director of the energy fund. thank you for joining us tonight. global investment in clean energy was $45.9 billion in the third quarter of 2013, down 14% on the second quarter of this year. by the looks of

china is concerned china is very conscious of the fact that it is holding a lot of u.s. treasuries and china wishes it wasn't in that position in any case so therefore it is consciously trying to move into economy where the next four to one that is going to be consumer led i mean this is a very important point who previously were seen as the factory of the world's a good producers goods and i think it's great for in u.s. dollars with all of us dollars there's no want to do with it so therefore it has to go and buy u.s. treasuries so which is it wasn't in that position unfortunately it is and it is actively trying to move away from that and trying to make its economy more consumer which is great news for investors who are looking to. supply consumers so it's looking to diversify its funds but it's not the u.s. where else can china park its its huge amount of cash. that's an interesting point in china is already doing this because if you have a look at some of the investments that china is making right now a lot of people may not know this but it on the percent of. i mean

business model in china. but now you have game development, application and sometimes you have china develop a little early and have the model come back to the u.s.. >> this conference has a yearly sister event held in beijing and many u.s. mobile players will attend. strategies are very different from their american ones, recognizing that knowledge of the local market is critical to any cripple expansion overseas. -- critical to any expansion overseas. >> preparing for the end of the world and or the zombie a cop... -- zombie apocalypse. the prep spurs -- the preppers and their take on armageddon. >> live in hong kong with eurasian market up date you a slow start across region. the china pmi number coming in at a seven-month high. suggesting good news. the naked 225 is down around 0.26%. prices rising sharply in china's big cities. initial data now explains part of what is feeling that. bank lending to the china private sector hit 600 billion yuan. year-over-year, that is about 44% of, giving assistance of t

does go head into fall will according to experts whether or not it happens on thursday china is still going to rethink the way it does business with the united states here's jeffrey summers of the university of wisconsin milwaukee and united states of course is an economy which leads global credit and the foreign purchase of its treasury bills so this puts it in a very precarious position moving forward in terms of the ability to fund many of its programs domestically for those countries in the late shift line and it's a very very big player within their economies they're very very nervous so i think it just gives further fuel to move and of course china has been. trying to see if you could coordinate a new order which would be less dollar based and this first u.s. shutdown in seventeen years has seen eight hundred thousand or so federal workers not have work basically receiving no pay not being called in and then you have reports of thousands of others workers basically being threatened with dismissal if they don't work for no pay so people here of course are not happy you have prote

but to increase chinese investment in britain westminster's criticism of china's human rights record has up until recently blighted relations it could be hitting the treasury as well according to some estimates the british economy has been missing out on billions of pounds of cash from the people's republic germany's been far more proactive in terms of promoting trade so for instance germany exports some seventy billion dollars worth of things to china every year you get twenty five percent more tourists going to france and go coming to the u.k. which is ridiculous you get chinese ladies. in paris kuno to buy handbags i think we've been very slow frankly and i think we're going to be are again we think people will come to us i mean the reality is china is the largest growth economy in the world it just so happened that mr osborne's trip to china took place at the same time as the u.s. government shutdown but it's hard not to see the irony while politicians the world over speak of the potentially disastrous consequences of the washington debt crisis and economists warn of a loss of in

when china wants to speak to the e.u. berlin is the first number beijing calls not brussels germany has the most pivotal role right now to kind of defining and shaping how europe will interact with china coming years at the moment that role is more lone trailblazer than economic shepard's close to fifty percent of e.u. exports to china come from germany trade between the two was worth almost one hundred forty five billion euros last year leading to talk of a special relationship i mean it's to very difficult for any country to ignore china at this point it's in europe's interest to make sure that no one gets left behind but some of germany's easy partners have been left behind as they're being battered by berlin backed cuts austerity is never a solution to a crisis like this it just made the matters worse and in that context. german export industry started targeting china as a growing market it's not all plain sailing between germany and china questions have been raised over which side berlin is on in a trade dispute over

, taiwan, south china sea, east china sea. my question is, do you think the united states and china have adequate crisis management and avenues of communication where we can talk about alternatives and crisis management and hopefully crisis prevention before they occur? to think we coordinate our governments internally, adequately to manage these complicated problems? >> well, huge bureaucracies are not always easy to manage. sometimes they shut them down. [laughter] [applause] >> increasing communication and coordination between our two governments in many of the international regional issues. we i think are doing a quite good job. but what is important as i said in my speech is to show full respect to each other's major can turn senators and we can certainly courtenay are responses to these issues and maybe work together for solving at least some of these issues. >> i will say canvassers event. yes, young man here and then i will alternate sides. >> excellent presentation. minimus flamenco from china and the first tier i com

they are going to china and this is an attraction they think they can do more business in china and do it cheaper. they will do it. >> wal-mart are antiunion. they want the low cost services. goods. they bring in places where people would not necessarily be able to have those things. in the rural areas of america. in the american dna. >> create tremendous amount of wealth in the process. china should be happy wal-mart wants to set up shop. residential real estate values rise where they build store. you people lining up to shot there. people are lining up to work there. to wayne's point, protesters and union folks love to use the government to clamp down on wal-mart but they are clamping down against people achieving their values. they get employment and it's sad that wal-mart gets better treat in the china than the u.s. >> the biggest pushback on wal-mart is the unions because they can't get their grimy hands on wal-mart. where do you stand with wal-mart? >> look, we can't have it both ways with wal-mart. they are in the business of not necessarily doing what is best for american citiz