chinese citizens because week or so of course chinese citizens against it's own loss so for example when you read the legal commentary about the situation there actually no rules and regulations that justify these actions. party is of course not bound by the rule of law it uses the rule by law to govern china but there is no constitutional basis or no law that chinese law that allows the indefinite. internment of people now of course there is now a law that exists which is the counterterrorism war. which allows for what's called educational placement and that could indeed be indefinite but anyone who is then placed under such education placement would have to be indicted first on terrorist charges this. go through a legal process of imprisonment and then after being released from prison then discard you know take place but clearly one hundred thousand calls to a million of we who are ending up in this in in in these camps they are not terrorists they're probably not even close to terrorist sympathizers so to to justify that by any measure is highly problematic adrian activists have been

the chinese side is much better at that i'm. just very much feel that the road is very good it's well maintained there are no potholes why who is it will improve here to. launch of birth of my. news of the imminent opening of the highway is spreading slowly on the steps. but for some the new silk road is likely to be bad news. more years due but it's mostly our ease that stop here have come through russia or europe we clean them before they head into china it appears. we're doing a good thing for people there are not many coal washes here. most of the q. more of course in ma it was when the highway is open and the old country road will probably be closed there won't be a single vehicle coming through here that i think i will be here another two or three years after that no cars will come through here it will be a dead quiet past. month. all this is seen with mixed feelings in the villages through which the old road runs they're hoping for a better future and are dubious about what will happen next honestly i'm sure our president

that's not what the chinese say. china's foreign ministry says that anyone of all ethnicities in xinjiang live and work in peace. but they have to say because they have to find a way to justify the brutality when they implement it. how would they be to justify locking up more than 10% of the population? we know that the re—education of what? the re—education of what? the re—education of what? the re—education of someone transferring from one ethnic group to atheist or non— religious believer? what are they trying to do? this term itself is problematic. it is propaganda. the chinese government can say anything but making that kind of statement three times does not make it true. this talk about another reason that the chinese give for the actions they take. they warn about being deceived by a religious extremism. resettlement and be education, that is how the chinese delegation to the un in geneva puts it and when you say again this incredible figure, and nobody would argue with that, the incredible figure of

is also feeling a little uneasy about all the chinese money used to prop up portugal. this is your business update on how to humphrey in berlin thanks for joining me a tussle full control of the u.s. federal reserve jerome powell is in charge but donald trump hasn't kept quiet as most presidents would about his disdain for interest rate rises but powell isn't taking it lying down that's an annual gathering of central bankers in jackson hole wyoming the fed chief signaled that he expects to continue raising interest rates if the american economy remains robust powell also said that the fed needs to balance maximizing employment with keeping prices stable. so let's bring in our financial correspondent at the new york stock exchange jose jose luis the arrow has a it seems that powell is resisting pressure at the moment can we then take it more hikes all coming. absolutely helen and investors thing two more will happen before the year ends probably the most immediate one will come next and the specially after polls as beach on friday bought a sixty eight percent of the mar

also feeling a little uneasy about all the chinese money used to prop up the trickle. this is your business update on how to humphrey in berlin thanks for joining me a tussle for control of the u.s. federal reserve jerome powell is in charge but donald trump hasn't kept quiet as most presidents would about his disdain for interest rate rises but powell isn't taking it lying down that's an annual gathering of central bankers in jackson hole wyoming the fed chief signaled that he expects to continue raising interest rates if the american economy remains robust powell also said that the fed needs to balance maximizing employment with keeping prices stable. so let's bring in our financial correspondent at the new york stock exchange jose luis to add who has a it seems that powell is resisting pressure at the moment can we then take it more hikes all coming. absolutely helen and investors thing two more will happen before the year and probably do most immediate one will come next mall the specially after polls as speech on friday bought a sixty eight percent of the market a

feeling a little uneasy about all that chinese money used to prop up portugal. and unions in africa stand up to chinese construction companies accused of exploiting their workers. and business german industrial giants scaling back its operations in iran to avoid the impact of u.s. sanctions it's the latest in a string of european companies withdrawing from the country. and have already said they're pulling out and airlines british airways and air force will no longer be fine to tehran in a tweet us ambassador to germany richard no welcome the news of just saying it was proof that sanctions are working. is that the case let's get the view from frankfurt our financial correspondent is standing by daniel cope daniel the sanctions working i mean obviously this is hurting european companies in the business they were generating in iran so it's also hurting the iranian people but is it meant to be about a nuclear deal. well then one thing is very clear this strong rhetoric that we heard for example from the u.s. president and also from the u.s. ambassador here to germa

the chinese side is much better at that i'm. just very minute of the road is very good it's well maintained there are no potholes why who is it will improve here to. launching both of my. news of the imminent opening of the highway is spreading slowly in the step. but for some the new silk road is likely to be bad news. for years dude but it's most lorries that stop here have come through russia or europe we clean them before they head into china it appears it seems as if i could hear that we're doing a good thing for people there are not many coal washes here. most of the q. more of course the model of it was when the highway is open and the old country road will probably be closed there won't be a single vehicle coming through here that i think i will be here another two or three years after that no cars will come through here it will be dead quiet as. well. all this is seen with mixed feelings in the villages through which the old road runs they're hoping for a better future and are dubious about what will happen next. i'm su

tariffs on chinese goods the trade has almost ceased the e.u. was quick to take advantage of the cheap the u.s. crop something that must have been clear to commission president john claude younker last week when he promised trump the e.u. would step up u.s. soybean imports the latest figures show that that process was already well underway . today that you can commit commission has published the latest figures on e.u. imports of soybeans showing an increase of two hundred eighty three percent in imports of say abuse from the u.s. bringing that use total sheriff imports of u.s. soybeans to thirty seven percent up from nine percent just one year ago washington had already promised twelve billion dollars to compensate farmers hurt by the dispute with china but with harvest time approaching many of them are still uncertain i think there is maybe just a little bit of comfort there knowing the administration is backing farmers but you know longer we're not looking for any kind of an aid package we want markets to work and markets to be in. china was u

tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist iran close i.p.o. will not speak. and how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into. this is your business update i'm having a home for in berlin thanks for joining me the u.s. has slapped a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tariffs in response to what the trumpet administration calls beijing's unfair trade practices well china reacted swiftly with its own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous downward spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy to meet issue that our comp

a chinese investors dreams of taking over german toolmaker life felt appear to have been dashed in the face of german government resistance. then i'll be here in just a minute with up and much more news that's all coming up after the break you're watching d.w. news from berlin. go just couldn't get this song out of his head. musicologist began searching for the source of these captivating sounds. in the rain forest in central africa. to find their culture stayed low. only a promise to his son to leave the jungle return to the concrete and glass jungle of new york. the result reversed culture shock. the prose we. saw from the forest starts caucus night w. . keep out china why germany thinks it needs to start protecting its industry and infrastructure from chinese take over it's. germany initiated slave just lation to crack down on online tax evasion watch out if you're a bend or amazon on e-bay. and supermarket not bringing tangible and affordable works to the masses. i've been fizzling that's the business beijing has been. before berlin could block it chinese investors have dropped the

particularly in the chinese community. the chinese education centre will be renamed as the edwin and anita lee newcomer school to honor two generous community leaders that have helped guide and support the immigrant community as well as champion strong, effective educational initiatives that lead to better academic outcomes and success for our youth. that is the reading of the resolution by the authors. we do have -- we do have public speakers that have signed up. i will call your name. if you please join us at the podium,. do you want to open with remarks first and then each speaker will have two minutes to speak quickly. >> it is nice having a box of tissues up here ready for me. good evening. it is an an honor to address you this evening because of our school's proposal to change our school's name. schools and educators need to inspire young people to engage in their learning and tried to do their best, to care. to do good work that helps the community. schools need to inspire young people to aspire to be better than th

, chinese diplomats. the defectors come from within that group. they've had access to china's greatest secrets. they've now chosen freedom to come and live in the west and to seek a new identity. they're essentially a witness protection programs. they even want the stories read that they've been killed or they died, sometimes they joke about the chinese will joke with me about did that defector die? and i'd say yes, and they'd say, was it a drowning accident? they say yes, and laugh, we always give them the same story. actually the defectors are still alive. and in their view is the cynicism of the chinese strategy that the things that took me so long to discover, the defectors can confirm all this. they've seen documents, they've been to meetings where the marathon strategy is being implemented, so it's not some kind of academic debate. is china really doing this or not as our academics would say. to the defectors, they've been there, in many ways they can't believe that america puts up with this and has

stalls feeling a little uneasy about all the chinese money used to prop up the trickle. this is your business update on how to humphrey in berlin thanks for joining me a tussle full control of the u.s. federal reserve jerome powell is in charge but donald trump hasn't kept quiet as most presidents would about his disdains interest rate rises but powell job isn't taking it lying down that's an annual gathering of central bankers in jackson hole wyoming the fed chief signaled that he expects to continue raising interest rates if the american economy remains robust powell also said that the fed needs to balance maximizing employment with keeping prices stable. so let's bring in our financial correspondent at the new york stock exchange jose jose luis to add who has a if seems that powell is resisting pressure at the moment can we then take it more hikes all coming. absolutely helen and investors thing two more will happen before the year and probably the most immediate one will come next the specially after polls as speech on friday but sixty eight percent of the market als

this on aims for the chinese market with a new electric car but with local rivals well entrenched it has a lot to offer catching up to do also coming up in the show wide german companies operating new ground in hungary and why critics are concerned about them or two nations. welcome to d.w. business i want to get jones in berlin and we're starting with the italian economy minister giovanni korea who is currently in the chinese capital beijing and there he denied recent speculation in the italian media that the goal of his trip was to find new bios of four italian debt to sit in a chinese newspaper that the objective of the mission is to strengthen economic cooperation between the two countries italy's a populist government has promised to go on a spending spree next year they want to cut taxes and boost welfare without yet saying how they plan to rein in debt italy has the second largest debt load of all e.u. countries after greece. alright let's get the asian perspective on this particular issue crossing over now to linda hong a correspondent in singapore good to have you with us li

head of the chinese kill that was allowed to do business and only a dozen snow chinese merchants were led to do business with chinese foreign devils. which is non- sovereign in the world in the 1830s and 40s worth an estimated $26 million, a tiny amount of money today, but that would put them in the league of jeff base as bill gates making them a multibillionaire. he adopted informally a number of these americans such as lauren delano, such as robert bennett forms as his american sons and did business with them exclusively and he gave a present to the american sons not only banquet that his mansion, he also gave them portraits of himself that they would then bring back to america and they would hang in a parlor and accounting houses. to have a picture in your office or parlor was a sign of-- to your visitors that you were in the most exclusive and lucrative mercantile club in the world. he of course said when he was in the opium trade he said he was willing to shut the opium trade leads to the first grade complex and tragic complex between the middle kingdom and the western world with

on the chinese side, chinese companies are going to have to quickly figure out how to avoid having their products seen tariffs placed on them when they are sold in the united states. we are seeing some signore evidence that a lot of these companies are looking to shift production to countries like vietnam. —— we are seeing some evidence. singapore is a country that has benefited much from trade in the past few decades. the redflow of trade has lifted millions out of poverty. these areas the longer the trade war goes on, everybody else is kind of stuck in the middle, and caught in the crossfire. forecasts are from a percentage point to even worse in 2019 if this continues. we're keeping across a story with special coverage throughout this week. let's get the view from the us now. many us companies are now sounding the alarm about what increased tariffs will do to their business. but some firms are backing the president's trade policy — especially those in industries that have struggled with chinese competition since long before mr trump took office. paul blake reports from cincinnat

chinese businesses feel singled out. and. this concrete case shows a company from belgium and a non european one from australia bought stakes in the business but when a chinese company wants to invest it's being prevented for reasons of security. that some analysts argue such fears will backfire on german businesses which one of great artists the chinese market sensitive and delicate topic. but our hold on we do get that our government is acting very responsible but at the same time respecting that there is a high need earth for having open markets. for having good relations to time. but not at any price the german government has decided for now. foreign investments in german utilities military and aerospace contractors as well as other strategic enterprises could prove difficult from now on. let's get more on this from economist chin to get another view on this very interesting story and it's certainly not black white. tell us what your opinion is is it a good move or a bad move here these developments as you say it's n

is all spinning a little uneasy about all the chinese money used to prop up portugal. this is your business update on how to humphrey in berlin thanks for joining me a tussle full control of the u.s. federal reserve jerome powell is in charge but donald trump hasn't kept quiet as most presidents would about his disdain for interest rate rises but powell isn't taking it lying down that's an annual gathering of central bankers in jackson hole wyoming the fed chief signaled that he expects to continue raising interest rates if the american economy remains robust powell also said that the fed needs to balance maximizing employment with keeping prices stable. so let's bring in our financial correspondent at the new york stock exchange jose jose luis the arrow has a it seems that powell is resisting pressure at the moment can we then take it more hikes all coming. absolutely helen and investors thing two more will happen before the year and probably to most immediate one will come next the specially after polls as beach on friday bought a sixty eight percent of the market al

the chinese side is much better at that i'm. just very much the road is very good it's well maintained there are no potholes why who knows it will improve here too. lots of birth away. news of the imminent opening of the highway is spreading slowly in the step. but for some the new silk road is likely to be bad news. for years dude but it's most lorries that stop here have come through russia or europe we clean them before they head into china it appears. that we're doing a good thing for people there are not many coal washes here. most of the q. more of course the model of that was when the highway is open and the old country road will probably be closed there won't be a single vehicle coming through here that i think i will be here another two or three years after that no cars will come through here it will be dead quiet just. this month. all this is seen with mixed feelings in the villages through which the old road runs they're hoping for a better future and are dubious about what will happen next. i'm sure our president nas

there is an opportunity for china the chinese government. it's kind of. these. people. coming into. the relationship. that is really partly because there is an. african. continent majority poor people in the in the whole so we'll have to be. challenges that we also have to take. so i want to throw a potential twist in this conversation this is from barrett and this is picking up on a point that you were making about the about remembering that this is not just happening to africans this is happening to a lot of people thinks. he has a perspective that westerners are in a different category altogether whether they're black or other ethnicities or bird says i went there as a researcher from a european university when my host university realize i'm black they treated me like a subhuman if you want to go to china as a black person make sure you have a u.s. or british house sports he goes on to say it's a perception that anything or anyone from the u.s. and europe is best and that all from africa black is bad the advantage for african americans is that they had the u.s. passport to cure t

may actually be chinese students taking chinese a—level. may actually be chinese students taking chinese a-level. the numbers are startling, and last year it was 713 and germany only 3015 and following on, some schools say to get good results you have to be a native speaker. one and five taking german are native german speakers. you need more migration from germany. can i say that it is good that they are doing pe, if you want to become the world's best sporting nation. former sports editor has to get that and, for those who don't know. i did not realise that pe was such a popular a—level. know. i did not realise that pe was such a popular a—levellj know. i did not realise that pe was such a popular a-level. i think there is probably a lot of biology and so on in a—level pe and it is quite a large ranging a—level. let's move on to the guardian and we are backin move on to the guardian and we are back in donald trump land. this is concerning the former director of the cia who has fallen out with donald trump and things are getting a little more serious. his credentials have been e

chinese citizens because week or so of course chinese citizens against it's own loss so for example when you read the legal commentary about the situation there actually no rules and regulations that justify these actions. the party's of course not bound by the rule of law it uses the rule by law to govern china but there is no constitutional basis or no law that law chinese law that allows the indefinite. internment of people now of course there is now a law that exists which is the counterterrorism war. which allows for what's called educational placement and that could indeed be indefinite but anyone who is then placed under such educational placement would have to be indicted first on terrorist charge this. go through a legal process of imprisonment and then after being released from prison and then discard you know take place but clearly one hundred thousand close to a million of we who are ending up in this in in in these camps they are not terrorists they're probably not even close to a terrorist sympathiser so to to justify that by any measure is highly problematic adrian activis

the chinese government can say the same thing 15 times. that's not the chinese government. that's american analysts. the source of this information is the chinese government because tip or etim, all of it was enlisted in a terrorist designation list at the request of the chinese government. well, the us government said that the east turkestan islamic movement, which uses the name tip, as you know, these groups are all quite overlapping, is the most militant of the uighur separatist groups. that is 12 years ago. so they have reformed, have they? no, they didn't reform. china is showing its true colours. china is...one of the countries that effectively utilised 9/11 to their benefit is the chinese government, perhaps the most effectively utilised government is the chinese government. yeah, but you told me i was out of date. i'll tell you, though, 15 years later, the british government listed both organisations, or if it is one organisation, as a terrorist organisation. islamic terrorist and separatist organisation. this isjuly 2016, quoted by reuters, trying to create an inde

the world's work bench no more instead chinese internet giant like search engine by do tech investor ten cent an online retailer only barba are now leading global innovators they've risen from startups to multi-billion dollar conglomerates with considerable state backing other countries accuse china of unfair subsidies cheap loans restrictions on foreign competitors and copying copyrighted technologies they say it's no holds barred as china zeroes in on becoming the world's leading industrial economy successes of the state guided economy or impressive gross domestic product has expanded at a breathtaking rate and rapidly closing in on the u.s. . they james made in china twenty twenty five program is intended to transform the huge country into a global economic power. ten key industries including aviation railways and electric autos are to get privileged a treatment plan calls for foreign imports to be made to perf the us china would rather export to the world the us is not the only major economy getting worried just recently germany prevented chinese investors from taking a stake in

the chinese government can say the same thing 15 times. that's not the chinese government. that's american analysts. the source of this information is the chinese government because tip or etim, all of it was enlisted in a terrorist designation list at the behest of the chinese government. well, the us government said that the east turkestan islamic movement, which uses the name tip, as you know, these groups are all quite overlapping, is the most militant of the uighur separatist groups. that is 12 years ago. so they have reformed, have they? no, they didn't reform. china is showing its true colours. china is...one of the countries that effectively utilised 9/11 to their benefit is the chinese government, perhaps the most effectively utilised government is the chinese government. yeah, but you told me i was out of date. i'll tell you, though, 15 years later, the british government listed both organisations, or if it is one organisation, as a terrorist organisation. islamic terrorist and separatist organisation. this is july 2016, quoted by reuters, trying to create an inde

there's not just the chinese who are here. we have french american british german and italian people here too if the whole world. is given that. in the hope that what you see as expansion depends on the context if you are referring to the globalization of investment and economic exchange one then globalization is undoubtedly acceptable pulls but if you take it to mean domination or he gammoned the one it isn't that it doesn't fit china's culture much for the lies you deliberately. in two thousand and fourteen kazakhstan became a member of the your asian economic union the free trade zone desired by moscow on the other hand the chinese have invested twice as much in kazakhstan since that date. uk to bear has become a new outpost for this chinese presence just a hundred kilometers from russia and the border station of jaison. at the moment russia's still thrilled by the chinese project of the new silk road because it's in line with its own eurasian ambitions. russia's advertising spots also promise affluence and cutting edge inf

we believe chinese policy will support imports to satisfy rising demand of chinese consumers. this coming november, china will have the world's largest import exhibition in shanghai that will showcase products from around the world. if u.s. goods are too expensive due to tariffs, chinese consumers can shift to domestic producers or imports from other parts of the world in terms of international expansion, the world is a big place. >> it is moving higher this morning, still 13% below recent high many big chinese tech names are in bear market jd.com, down 35% from its recent high no surprise given selloffs some professional investors have been coming on cnbc, they see it as opportunity to carve out stakes in the companies, capitalize on the chinese consumer back to you. >> josh, for years we used to talk about the counterfeit issues, quality control with alibaba. that doesn't seem to be the discussion now have they clamped down on that >> certainly looking at the numbers for the core business, morgan as we mention, that core business up more than 60% here back out, for example,

company chinese government good talking to thank you so much for joining d.w. dr jiang from the university of north carolina. as mourning the victims of the general bridge disaster that killed at least thirty eight people president sergio matabele and prime minister just have become so you will attend a state funeral for many of the victims tomorrow a funeral was held in naples today for four friends in their twenty's who died as they were driving to vacation in france from spain their families didn't want to take part in saturday's seven minute it's of this transport ministry has opened an investigation into the bridge collapse but that might not be enough to placate an angry public as the w. salat tell some reports from general. this is a scene replicated across this region homes nestled in mountains in the shadow of towering concrete structures living in one such home as retired construction worker johnny has been here for thirty years for him the branch had long just been part of the scenery but now he's looking at it very differently. i am a little more wo

the chinese side is much better at that i'm. just very minute of the road is very good it's well maintained there are no potholes why who is it will improve here to. launch of birth of my. news of the imminent opening of the highway is spreading slowly on the steps. but for some the new silk road is likely to be bad news. more years do but it's most lorries that stop here have come through russia or europe we clean them before they head into china it appears in your that we're doing a good thing for people there are not many car washes here. most of the q. more of course the model of the grizzle when the highway is open and the old country road will probably be closed there won't be a single vehicle coming through here that i think i'll be here another two or three years after that no cars will come through here it'll be a dead quiet first. month. all this is seen with mixed feelings in the villages through which the old road runs they're hoping for a better future and are dubious about what will happen next. i'm sure that our p

>> the chinese fundamentals are quite strong. for instance, the chinese consumer is still spending. entrepreneurship intensity i think is as strong as ever. central government finances are still strong and healthy. this country has about $3 .rillion of foreign reserves therefore, in this environment, what should investors by? i think in the short-term, you companies that have nothing to do with u.s. trade, for instance cybersecurity. in u.s.-china relations come i think cyber security companies will do much better. in china, there is a company that just announced their results last friday, up 30%. musthe next 3-5 years, cybersecurity companies will continue to do well. second, the number one drink .n china regardless of u.s.-china relations, i think the chinese continue to drink their favorite drink. ofy this year, it will be 35%, selling at a multiple of 20 times. these stocks may pick up in a certain environment. a bigd: we have difference between these internet stocks, the likes of tencent, alibaba, baidu. which do you avoid? why don't you like them? think the internet stocks are

the chinese side is much better at that i'm. just very minute of the road is very good it's well maintained there are no potholes i hope it will improve here too. launch of birth of my. news of the imminent opening of the highway is spreading slowly in the step. but for some the new silk road is likely to be bad news. for years dude but it's most lorries that stop here have come through russia or europe we clean them before they head into china it appears it seems i can hear that we're doing a good thing for people there are not many coal washes here. most of the q. more of course in mali it was when the highway is open and the old country road will probably be closed there won't be a single vehicle coming through here that i think i will be here another two or three years after that no cars will come through here it will be dead quiet last. month. all this is seen with mixed feelings in the villages through which the old road runs they're hoping for a better future and are dubious about what will happen next honestly i'm sure s

the chinese market and growth in gdp. this is a temporary blip. i expect that the trade war will be resolved. the curious thing is that this is a huge own goalfor the us. if you slap tariffs on things being imported, it passes on people pay more for it. in other business news, the company that makes chips for the iphone and popular devices they that they have been hit by a computer virus. the tyler lees manufacturing co says a number of their tools were affected on friday evening. but the problem is now contained and the operation should be up and running fully later today. the well‘s largest contract chipmaker did say that it expects the incident to cause shipment delays and additional costs. they said he disruption could costs. they said he disruption could cost them billions of dollars in damage in the third quarter. at the white house is expected to make an announcement later today detailing the repossession of chinese sanctions on iran that were ordered by donald trump this week. —— reimposition. international

tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist around close i.p.o. will not speak. to how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into tailless. this is your business update i'm headed home for in berlin thanks for joining me the u.s. has slapped a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tariffs in response to what the trumpet administration calls beijing's on fair trade practices well china reacted swiftly with its own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy alternate issue that our co

in order to try to support some of the chinese exporters but now we're seeing the chinese at a 14 month low and just today they reimposed requirements that make it that much more expensive to bet that the yuan is going to continue to fall and we're seeing authorities very sensitive about a depreciating yuan nervous about a repeat of 2015 when it continued to depreciate so much that it triggered capital flight and there was a big outflow of capital the chinese government doesn't want to see that again and also they could be wanting to send a message to the trump administration because there have been so much speculation that china was using the currency as a weapon this could be a message that the chinese are saying to the trump administration we're not using this as a weapon in this trade fight. >> well, we're going to find out. currency is another major story as well. we'll see you soon. >> well, china obviously dominating the headlines in many ways including a continued wealth destruction we have seen in their stock market. what might this mean to you and your must be here? let's find

, which was then called the gateway, and they erected a huge chinese village with chinese acrobats, chinese theater, chinese artisans actually producing traditional craft, in that way, the chinese communities was very much a part of that 1939 fair. steve: you teach now in wisconsin but you grew up in san francisco? prof. markwyn: i grew up in santa rosa, just north of san francisco. steve: i want to go back to something earlier you said. the fire of 1906, i know this isn't a direct part of your research, but how devastating was that for the city, and how did the city rebuild that led to the 1915 expo? prof. markwyn: it was devastating for the city. it was unprecedented for the city. they had had earlier fires, but this was an enormous dispossession of land, of houses. the loss of life is still under contention. people don't agree on how many lives were actually lost in the earthquake, but the city rebuilt itself, and with a great deal of -- some residents left and never came back. particularly in the african-american community, there weren't a lot of african americans. many of them ended up

speak chinese. on the foot because i feel that if i i speak chinese i sound gd enough that people -- i can't follow it. but i will say that yes, my english, my first english was very heavily overlaid with chinese everything, including chinese grammar. so when i studied chinese, the grammar was no problem. i'm like yes, i mean, just the order of things was completely natural to me because of the fact that early english, we were speaking in that order. even talking about it, you see how my english is getting a little screwed up. so the answer is that the sentence structure closed very natural to me. >> host: b.i.d. jiffy and pidgin english. you know what that term counsel? >> i don't know where the term comes from. did you know? >> host: i don't. i was hoping you would try do i should know. >> host: you talked about mona and writing in the jewish boys. mona was a chinese-american girl from scars heal new york. a little bit of biographical elbit unit? >> guest: there is. i grew up in scarsdale, new yor

company chinese government good talking to you thank you so much for joining d.w. dr jiang from the university of north carolina. are italy is mourning the victims of the genoa bridge disaster that killed at least thirty eight people present such a matter now the prime minister just had become so well attend a state funeral for many of the victims tomorrow a funeral was held in naples today for four friends in their twenty's who died as they were driving to vacation in france and spain or their families didn't want to take part in saturday's seventy it's obvious transport ministry has opened an investigation into the bridge collapse but that might not be enough to placate an angry public as the w.c.l. of telson pill reports from general. this is a scene replicated across this region. nestled in mountains in the shadow of towering concrete structures living in one such home as retired construction worker johnny has been here for thirty years for him the branch had long just been part of the scenery but now he's looking at it berry differently. i am a little more wor

of the chinese guilt that was allowed to do business with the foreigners, only a dozen or so chinese merchants were allowed to do business with the foreign devils. he was arguably, through his control of the t trade, the richest nonsovereign in the world in the 1830s and 40s. worth an estimated $27 million. in today's money that would put him in the league of bill gates. he adopted, informally, a number of these americans as his american sons and did business with them exclusively and he gave, as a present to these american sons, not only great bank once at his mansion and on the island, he also gave them portraits of himself that they would then bring back to america and they would hang in there parlors. to have a picture of him in your office or parlor was assigned to your visitors that you were in the most exclusive and lucrative mercantile club in the world. the court said when he was profiting handsomely from the opioid trend that he was willing to shut his eyes to this. ultimately it leads to the first great conflict and tragic conflict between the middle kingdom and the wester

chinese internet and american internet. the chinese wanted to have their own company and wanted to support alibaba and baidu, and the others. they wanted chinese users to have access to the information that beijing approved. that is what we see now. we see it is harder for the two sides to come to any common agreement or vision about what cyberspace should look like. u.s. firms had a vision of global interoperability and the free flow of internet -- free flow of information. that is not the internet we have. emily: when facebook was blocked in google left the country, i spoke with young chinese people and ask them if they cared. they really did not. they wanted a good job and were doing just fine with the services they had. is that the case? selina: even if google and facebook gets into china, do that chinese populace even care? i think the question is in the air. many chinese teenagers do not know what to go is or even facebook. they're perfectly happy using baidu and we chat. the country has moved on without western apps.

chinese internet and american internet. the chinese wanted to have their own company and wanted to support alibaba and baidu, and the others. they wanted chinese users to have access to the information that beijing approved. that is what we see now. we see it is harder for the two sides to come to any common agreement or vision about what cyberspace should look like. u.s. firms had a vision of global interoperability and the free flow of internet -- free flow of information. that is not the internet we have. emily: when facebook was blocked in google left the country, i spoke with young chinese people and ask them if they cared. they really did not. they wanted a good job and were doing just fine with the services they had. is that the case? selina: even if google and facebook gets into china, do that chinese populace even care? i think the question is in the air. many chinese teenagers do not know what to go is or even facebook. there perfectly happy using baidu and we chat. the country has moved on without western apps. t

chinese investors are not dropping yuan denominated assets. , the was this huge outflow sale of chinese assets, and we are actually positive, at least we were in june. opped?e rot st >> certainly we got to a demarcation point. the storythink with this time last week from china that there would be probably know break, essentially you would have to be very brave to be still buying dollars close to seven against the yuan. that seems to be a line in the sand for now. the pboc has $3 trillion in reserves. you could be forced to push them on this. steps forrse, those requirements on fx forward, if there was not such a big problem with outflows and more cautionary, because it is a big deal what we have had dollar strength, there has not been any great sign of strain in terms of capital outflows from china. it did not seem to be policy matter. rishaad: it does not seem to be that now. they just do not want momentum to build and have the yuan as a one-way bet. we look at the reserve as well just a day before yesterday. a share reserves party much plot. this is a chart in are gtb library.- our gt

but the chinese market is important for american companies. if we start pushing back on chinese listings, doesn't that hurt american companies. >> one of the things we need to talk about in this conversation with china and the u.s., in order to realign things to benefit the u.s. long term or counteract the detriment to the u.s. long term, there will be short-term pain. maria: carson, great to have you on the program. thank you so much. more "wall street" when we come right back. >> announcer: the global economy is steadily growing. one of the biggest names i maria: the carlisle group's kewsong lee has emerged as a player in the world of technology. the firm allowanced lee and glenn youngkin would take over the day-to-day management. it just closed its biggest fund yet, raising $18 million from investors. thanks for joining us. we have 300 companies to look at under the umbrella of the carlisle group. i want to get your take of our seeing from those companies you own, and what that tells us about the broader economy. >> it's a great question. w

tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist around close i.p.o. will not speak. to how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into tailless. this is your business update i'm having a home for in berlin thanks for joining me the u.s. is a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tariffs in response to what the trumpet administration calls beijing's on fair trade practices well china reacted swiftly with its own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous downward spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy all to mid issue that our

tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist iran close i.p.o. will not go. and how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into tailless. this is your business update i'm having a home for him but then thanks for joining me the u.s. is a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tariffs in response to what the trumpet administration calls beijing's unfair trade practices well china reacted swiftly with its own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous downward spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy automate issue that our com

caught a german company also on the show chinese money helps of course you go to surprise the debt crisis but with investment comes influence too much for comfort says the e.u. . welcome to do business and want to go jones good to have you with us central bankers from around the world coming together in jackson hole wyoming for their annual economic retreat organized by the federal reserve which runs until saturday at a d.c. investors and fed watches are especially awaiting the keynote address from the central bank's chairman jerome powell it'll be his first chance to comment publicly on recent criticism from the white house president on a trump has said he was unhappy with the fed's plan over gradual interest rate hikes that was a break with a long standing convention the presidents do not comment on the fed's decisions to preserve the banks independence palace remarks in jackson hole will also be examined for any clues as to whether he thinks washington's trade policies will hurt the u.s. economy and how badly. and for more on this i would like to check now with callum pickering see the

the chinese have learned it was better to buy the coal mine. they come by all the pork they want on the commodities market, but they chose to buy this company. not only did they get this company, but they got all of the technology, the genetics, all kinds of very sophisticated technology that this company originally got from the department of agriculture on our tax dollars, which the chinese have it. the real problem is the pork is now coming back into the united state with the smithfield label. and so, you have no idea what you're really eating. we have a lot in the united states called for cool law and there are 18 exemptions. so you go when to paris and you want to buy pork, you look at the package you might say packaged in the united states are processed in the united states. it ultimately comes from china. i know from testimony that 85% comes from china, for example. if i have to laugh yet that 85% chance of coming from china. so it became a real problem not knowing what we are even buying in the issue in congress was should they allow thi

tariffs on chinese goods the trade has almost ceased the e.u. was quick to take advantage of the cheap the u.s. crop something that must have been clear to commission president john claude younker last week when he promised trump the e.u. would step up u.s. soybean imports the latest figures show that that process was already well underway . today that you can call me commission has published the latest figures on e.u. imports offsite beans showing an increase of two hundred eighty three percent in imports from the u.s. bringing that use total sheriff imports of u.s. soybeans to thirty seven percent up from nine percent just one year ago washington had already promised twelve billion dollars to compensate farmers hurt by the dispute with china but with harvest time approaching many of the must still uncertain i think there's maybe just a little bit of comfort there knowing menstruation is backing farmers but you no longer we're not looking for any kind of an aid package we want markets to work and markets to be in china was us soybean farmers ma

tariffs on chinese goods the trade has almost ceased the e.u. was quick to take advantage of the cheap the u.s. crop something that must have been clear to commission president john claude younker last week when he promised trump the e.u. would step up u.s. soybean imports the latest figures show that that process was already well underway today that you can commit commission has published the latest figures on e.u. imports offsite. showing an increase of two hundred eighty three percent in imports of savings from the u.s. bringing that use total sheriff imports of u.s. soybeans to thirty seven percent up from nine percent just one year ago washington had already promised twelve billion dollars to compensate farmers hurt by the dispute with china but with harvest time approaching many of the must still uncertain i think there's maybe just a little bit of comfort there knowing the administration is backing farmers but you no longer weren't looking for any kind of an aid package we want markets to work and markets to be. china was us soybean farme

they asked how effective it might be considering they infest in the chinese tech companies for the chinese enterprises. bernstein saying that analysts are too bullish about capturing the smart phone market. they initiated coverage with the market perform. not an amazing start here. your thoughts on xiaomi? ajay: again we are one of the big challenges. 70% of revenues are still coming from china. reduce their dependency on china more than 90%. they are well in markets like india. can we beallenge is successful outside of china. we are seeing challenges of xiaomi goes to u.s. market. , especially inet europe. --re could be a big out lash out lash from some of the existing players. xiaomi has not been open about how aggressive or what exactly is their strategy. jan india, some of them could be beyond potential. longer-term, they would have to be more aggressive in the mature markets in the u.s. and europe. ramy: the future of china -- china tech. in vice president communication technology at frost & sullivan. in a moment, a sporting chance or a cyber sellout. argumentsok at the for and agains