who is xi jinping? what does he want? let's start with two crucial days this year. >> the beating heart of democracy. the u.s. capitol. >> the beating heart of communism. the certification of the new american president. a triumph china bursting with pride, marching as one. in washington, americans at war with each other, tearing democracy apart. >> the chinese government saw that. xi jinping is set to have january 6th. >> that can't happen in china. no. none of that is acceptable to the chinese government. >> that was a moment of the chinese saying those americans, they're not who they think they are and they're not who we think they are. >> he sees the united states as a real decline and he sees a lot of dysfunctionalty in american society. >> systematic racism and black lives matter and political gridlock in washington and the trump years and charlottesville. >> they see themselves as promoting border against a forces of chaos and increasingly they see the united states as representing the forces of chaos. there was a t

xi jinping will meet you with massive force. religion can make you an enemy of the state. >> cultural genocide is going on here. >> what is the end game for china's supreme leader, xi jinping? >> china's time is now. >> china has risen. ♪ >>> good evening. i'm fareed zakaria. one and five people on this planet lives in china. 1.4 billion people. and their rise has been remarkable. cities three times the size of new york sprung up out of dusty farm fields. 800 million people climbed from poverty to the middle class. beijing now has more billionaires than any other city in the world. china is of course a dictatorship. it forbids political expression, religious freedom. i think aer the government and you can simply disappear. for years this once close -- closed country seemed to be opening up. not anymore. one man has changed the course of history. china's supreme leader, xi jinping. should the u.s. be afraid? should the world? polls show they already are. more than 80% of americans do not trust president xi. the numbers are simi

biden did not show up to lecture xi jinping. this had the feeling of a meeting between equals which have common interests in seeking cooperation and reducing tensions. that set the format on the right track. that said, given the meeting went well it is quite possibly -- quite possible it could upgrade them to a meeting in person. but, it all depends on how this plays out. i would add also one difference this time was biden keeps pointing out needs for common rules of the road, which is what americans keep referring to the so-called international system. this is a very bad point of depart -- bad point of departure because they have correctly interpreted -- rules. the chinese insist on operating under the rules of international law under the u.n. charter. on the contrary, we see the u.s. when it speaks of values and rules, it implies that has the prerogative to use liberal values to accept itself from international laws. that is why things went so bad in alaska as well. i think that was the main reason this meeting went so much be

dude: certainly xi jinping sees himself on par with those two leaders -- jude: certainly, xi jinping sees himself on par with those two leaders. he has had an extraordinary impact. i think the big question for us, though, and you just mentioned this -- we have not had a leader for life in china since mao, and that can be a downside as well as up. haslinda: you have to wonder how he will navigate it. he's holding onto power at a time that is pretty unstable for china. dissolution people, the young finding it difficult to find jobs. how do you see him navigating, and will common prosperity save the day? jude: i think one of the reasons xi jinping is saying he needs to stay on, that we need a steady hand at the tiller, is precisely because china is looking out at a pretty significant set of headwinds. you mentioned demographics, total productivity slump, some social issues and an increasingly volatile and uncertain external environment for chinese firms. that is precisely one of the things xi jinping is saying, is, "i alone and the one who will be able to tackle these." on common prospe

professor, in terms of how popular it xi jinping is as a - popular it xi jinping is as a leader, both within the party and with the people, it's impossible to say, given the strict control over media, in china? it say, given the strict control over media, in china?— media, in china? it certainly is hard to know _ media, in china? it certainly is hard to know but _ media, in china? it certainly is hard to know but there - media, in china? it certainly is hard to know but there are - media, in china? it certainly is - hard to know but there are certainly signs of his popularity with a large area of the chinese population. this is a controlled media environment and in that environment, xijinping is achieving the kind of attention and adulation is that we have not seen since mao. there certainly has been the attempt to raise xi jinping to the pantheon of the popular imagination see of people all over the place and they have declared the leadership core and he has had his area elevated on par with mao a deng it's something that we have not seen in many years. and in others are not so hap

president biden will meet virtually was xi jinping. today, we will get a status check on where these countries stand when it comes to trade and how investors should view the relationship. taylor, we start with what we know so far about this meeting on monday. taylor: it was interesting. we had cop26 and a representative said they were trying to get china involved. they were showing up in other areas. getting this is a big deal. they will speak on monday, easing the tensions between these effective rivals. tech restrictions, taiwan, you name it. we are not noticing any specific outcomes, but there is an agenda of things to come. we will await any news on monday. let's do more about this in these upcoming talks between biden and president xi. how big of a deal is this and any specifics? >> given president biden said from the start the focus of his administration when it comes to foreign policy is going to be beijing, china, that makes this virtual summit a big deal, even if it is being downplayed by the biden administration. as you menti

[speaking foreign language] xi jinping: good to see her, mr. president. it's the first time for us to meet virtually. although it is not as good as face to face meeting, i am very happy to encounter an old friend. [speaking foreign language] xi jinping: right now, both china and the united states are at critical stages of development. humanity lives in a global village and we face multiple challenges together. as the world two largest economies, and permanent members of the un security council, china and the united states will see increased communication and cooperation. we should each run our domestic affairs well. and it should our share of international responsibilities to work together to respond to the calls of world peace and development. this is the shared desire of the people of our two countries and around the world, and the joint commission of chinese and american leaders. [speaking foreign language] xi jinping: we must safeguard a peaceful and safe environment, including finding effective responses to global challenges, such as climate change,

xi jinping has won a mandate for potentially link for life. he delivered the first doctrine by attorneys leader in 40 years, joining moshe dong and one other. -- as a dong and one other. -- mao zedong and one other. a hong kong judge has jailed a man nearly six years for attending -- chanting a band protest slogan. the 31-year-old was dutch we did not guilty. he says he does not regret his actions. mexico central bank raising by a quarter point. there's is led by governor alejandra who is seeking -- even as it accelerates faster. in peru also tightening policy after inflation -- ray dalio morning but the effects of inflation on real wealth. he says some people make the mistake of thinking they are getting richer. but they don't see their buying power is being eroded. he added the ones most hurt or those with money in cash. he says there are better assets to hold. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg.. pau

president biden and china's xi jinping. they agreed to manage their differences, biden docked trade, xi talk about supporting taiwan, no breakthrough but one thing stood out. biden did not press for answers on the origins of covid. we are expecting an announcement imminently on who will chair the federal

. >> trump>> says something very feisty about what xi jinping has done to him and to him personally. talk to so little bit about what you discovered in terms of w.h.o. politics. >> in trump's case to hear him shut down the economy really caused him to turn and xi jinping and endorse those in the administration wanted a more comprehensive approach. but at the w.h.o. loses really fascinating the w.h.o. in january find out that they have a global crisis in number one dictator in china who they believe is less willing to tolerate any criticism from the minternational community the chinese were in 2003 with sars and their leader of donald trump and the director general who basically believed in his own canuasion that he thinks he navigate by a personal leader to leader diplomacy and he will praise publicly in exchange and in the hope of getting incremental concrete cooperation in a practical sense. that leaves him in january that are manifestly at odds at what w the w.h.o. own assessment is. they're fully cooperating is a perfectpe approach but privately from documents that had been repor

to many outside china xi jinping remains a mystery. i will try to help you understand this all-powerful leader in my new special which premiers tonight at 9:00 p.m. eastern right here on cnn. it's called china's iron fist, xi jinping and the stakes for america. in this clip you'll learn a central irony of xi's life. he suffered deeply under communism as a child only to become its most powerful proponent. it begins in the 1960s. the chaos of the cultural revolution. chairman mao wanted to reassert his control over the communist party help. accused it of being too liberal. he called for young people to rebel against the elite of their own party. >> basically turned chinese life upside down. all of the most powerful people found themselves suddenly attacked and criticized, often by some of the least powerful, and xi jinping was right in the center of the storm. >> at the center of the storm because he was a son of privilege. >> his father was one of the leader revolutionaries of his generation, one of the people that created the people's

under xi jinping's leadership-— leadership. always a pleasure to seak leadership. always a pleasure to speak with _ leadership. always a pleasure to speak with you _ leadership. always a pleasure to speak with you about - leadership. always a pleasure | to speak with you about china. now onto a very different story for you for what we typically have on newsday. away from the gloomy headlines. a heart—warming tale about a teacher. traditionally, an apple does the trick. but one teacher has picked up something more — a million dollar prize. this was the moment keishia thorpe — found out she had just won the unesco—backed varkey foundation global teacher prize 2021 — for her work teaching low—income immigrants. she gave her reaction to the bbc a little earlier. it feels amazing and really validates the work that teachers put inside and outside of the classroom every day. but students that i teach, they are just like myself, i was an immigrant student does well in the us and i can see in much of them, their stories are

a potential hostage before joe biden's call when xi jinping. what is joe biden doing to stop the authoritarianism and why is he tiptoeing around xi jinping. >> we need people to understand that china is a geopolitical competitor in a potential adversary. they seek to overtake us. >> marsha blackburn is here on china, inflation in biden attorney general politics at the department of justice. all that right here, right now on "sunday morning feature". ♪. maria: first up this morning kevin mccarthy smacked down. the gop leader busted up the democrats plan to vote on biden's tax-and-spend agenda thursday night by speaking for a marathon, eight and a half hours forcing the vote to be delayed until friday morning. while fighting the biden agenda. >> this evening showed that no matter the time, the day, or the circumstances. house republicans will always fight for you, fight for your family and fight for our country. maria: joined me after the marathon speeches gop leader kevin mccarthy. it is great to see you this morning. thank you for being here.

the last telephone call with xi jinping, it was followed by his comment in late march of 2020, followed by an extraordinary propaganda campaign between the trump administration and xi jinping's t people saying this s a virus that has come from the united states and fake news from wuhan. the trump administration, mike pompeo and others with the china virus and implying heavily that is a biological weapon. what did this sinister propaganda between china and united states tell you about the strengths and weaknesses of each country? >> the most remarkable thing you have in the middle of a global pandemic with virtually no international cooperation are the two leading want engaging in different ways, the primary objective is disinformation and a propaganda war, to most of the country it seemed crazy. with the secretary of state, there were legitimate questions about the investigation and legitimate questions about the official story and the lab leak hypothesis but to have the middle of the pandemic, u.s. secretary of state basically blow up different international meeting like a g-7, they wi

find it and xi jinping asked biden and xi jinping have spoken on the phone twice this year. this is the first time the conversation is being billed as a summit. senate majority leader chuck schumer could be set to fast-track a bill aimed at competing with china by attaching it to a must pass defense bill this week. the bill would boost domestic semiconductor manufacturing with $62 billion and authorize another $190 billion to research and development. the china bill passed the senate in june but is being held up in the house. china launches the beijing stock exchange intended as a platform for small and medium-sized companies that face difficulties raising capital. about 70 companies will migrate from the existing chinese fours and an additional 10 will debut for the first time. global news on air and on bloombergquint take is powered by more than 2700 journalists and analysts in or than 120 countries. i am su keenan and this is bloomberg. >> more ambitious and somewhat expected. last-minute objections from china and india. the details. >> after two weeks, some long nights,

xi jinping is going for an unprecedented third term. preserving his power requires a laser focus on matters at home. that could explain why xi jinping has not left china in almost two years, choosing not to attend the most recent g20 and cop 26 on a person. chinese officials face lower spending, disrupt it supply chains, plus, xi jinping's campaign to tighten regulation across everything from technology to online tourism and real estate for the selloff. that at one stage wiped off more than $1 trillion from the global value of chinese stocks. heidi: that plan is likely to usher in lasting investment area over to beijing. we know some of the strategic focus already, things like common for spared area how do investors potentially rebuild their strategies around what we are expecting? >> i think markets and investors will be reading closely this statement we will get at is -- at the end of the plenum, thursday of next week. people will be looking for how the idea of common prosperity will be prosecuted in china. we have had all of the scre

wants to know if xi jinping's -- what his intentions are. haslinda: he also mentioned that both countries are at critical stages in development, almost hinting that perhaps china needs that space to grow and be the power it wants to be. stephen: absolutely. this is a critical time in china's trajectory, as xi jinping as well was able to last week deliver that historical document, he is able to essentially submit himself as the mount rushmore of china's leaders, he is for the modern era of china the quintessential strongman in supreme power with possible indefinite rule. he does want to see china treated equally and respectfully on the world stage. joe biden wants to reassert america's legitimacy as well as a democracy and the leading economy, and let's face it, the leading military in the world. that these two have to coexist and they will go through a lot of issues. they will talk about taiwan, about the south china sea and about human rights. trade will be talked about but trade won't necessarily be the center point or it won't dominate th

xi jinping says you should innovate with an eye toward the needs of the center. they are managing innovation and the directions in which these companies have to focus their growth. it is a dangerous game and it may or may not work. most industrial policies fail. jonathan: it is good to catch up, william we. very few -- william lee. lisa: a lot of debate with hong kong saying, let us lighten up. we are doing the best we can but we are getting pushback and not wanting to have headquarters here. how much can they pursue zero covid for something that isn't going away? they are never going to achieve zero covid if they want to open borders. jonathan: this has huge consequences for the supply chain. a record trade surplus out of china. lisa: the idea is how much of a boost do they get from this versus how much decline do they get from people wary of doing business if workers are told to stay home because one person. covid. jonathan: on economy and politics and china has been tricky all year. matt: it is always tricky, because you are not ever 100% sure of the numbers t

xi jinping hasn't left china for almost two years. so i think the big outcome is that they are talking. and remember why that's important. it's two things. number one, it's always important in diplomacy. we're going to have conflicts with china over the coming decades and maybe the rest of the century. we can't afford to have conflicts based on misperceptions or bad information. this reduces that. but number two, remember the chinese system. nobody else in that system can make decisions, nobody else can do anything but read talking points when they're meeting with our national security adviser or secretary of state, secretary of defense. xi jinping, because of the nature of that system, is the only decisionmaker. and that's why i think it's vitally important for president biden to have one on one face time with him directly. >> but to your point, you're saying, look, the good thing is that they're actually meeting. you have jen psaki saying don't expect any specific deliverables from this be discussing how to, quote, reasonably manage

xi jinping making those remarks on thursday. he does have a video summit planned with president biden, but no date set for that yet. this week, we heard from janet yellen as well saying she expects china to abide by some of its early commitments under the phase one trade agreement. potential signs of a thought maybe. -- of a thaw maybe. shery: let's get more on this from our reporters. kathleen, we were talking about the be away holding pat. they pushed back against market expectations of a hike next year. >> it seems like a reversal of those who have been listening to the boe governor. they kept the key rate at 0.1%. on purchases unchanged. this while inflation has been surging in the u.k.. this has spurred a number of hawkish comments as recently as september when he stressed that monetary policy have to act. how do you act, you raise rates. there was a lot of buildup going into this. now, andrew bailey voted for keeping the key rate steady. he said look why didn't you pushback on those rate hikes, why keep the rates steady wh

we need to make it clear to the chinese communist party and xi jinping that taiwan is not some sideshow from our perspective. it is the frontline of issues relating to democracy and freedom for the world in the 21st century, kind of like west berlin was for the 20th century. i think the critical issue right now is we gotta make sure the chinese communist party does not take the wrong lessons from what happened in hong kong. unfortunately, they moved on hong kong, crushed democracy there. and there was almost no protest from any other countries, including ours, and i think it's going to be really important that we don't let xi jinping and others think that was pretty easy on hong kong, nobody seemed to complain, including the united states, now we can move on taiwan. we need to make sure that message is very clear that out of the taiwan relations act we have obligations and we will keep those. >> and i'm so glad you mentioned what happened in 1995. i had a fascinating time -- >> we were in the same area. >> i know. and i asked the fishermen in the villages on both sides of the strait, be

jinping has chinese counterpart xi jinping hasjust— chinese counterpart xi jinping hasjust concluded their chinese counterpart xi jinping has just concluded their most extensive talks since esther biden— extensive talks since esther biden became president. tensions over taiwan, trade, beijing's expanding nuclear arsenal and climate were among issues on the agenda of this virtual meeting. the uk terror threat level has been raised to severe after an explosion in liverpool on sunday. police have named the man who died when he set off a device in a taxi as 32 year old emad al swealmeen. four people arrested earlier have now been released. donald trump's former adviser, steve bannon, has appeared in court after turning himself in to the fbi. he's facing criminal charges after refusing to testify on a congressional inquiry into the january 6th capitol riot. now on bbc news, hardtalk�*s stephen sackur speaks to the former manchester united and

don't miss "china's iron fist: xi jinping and the stakes to america" at 9:00 p.m. eastern. thank you for being part of my program this week. i will see you next week. (jackie) i've made progress with my mental health. so when i started having unintentional body movements called tardive dyskinesia... i ignored them. but when the twitching and jerking in my face and hands affected my day to day... i finally had to say, 'it's not ok.' it was time to talk to my doctor about austedo. she said that austedo helps reduce td movements in adults... while i continue with most of my mental health medications. (vo) austedo can cause depression, suicidal thoughts, or actions in patients with huntington's disease. pay close attention to and call your doctor if you become depressed, have sudden changes in mood, behaviors, feelings, or have suicidal thoughts. common side effects include inflammation of the nose and throat, insomnia and sleepiness. don't take austedo if you have liver problems, are taking reserpine, tetrabenazine, or valbenazine. austedo may cause irregular or fast heartbeat

president xi jinping: right now, both the u.s. and china are at critical states of development, and humanity lives together in a global village. we face multiple challenges together. as the world's two largest economies and permanent members of the u.n. security council, china and the united states need to increase communication and cooperation. reporter: it was a public attempt at lowering temperatures between the two superpowers amid rising tensions, but in private, disagreements were raised in the meeting. licy towds taiwan continued to separate the two, with xi saying any u.s. interference is like playing with fire. beijing claims that the self-governing island is part of china. by did raised china's human rights record in hong kong, tibet, and xinjiang. he also raised concern about china's buildup of nuclear weapons. but china was quick to point out that it's stockpile is much smaller than the one in the united states. no agreements or announcements are expected from this summit, but the two leaders welcome the opportunity to

biden is calling a virtual summit including xi jinping next week. can we expect pledges like that in your view from the bidenadministration and its partners ? >> i don't think they would have agreed to do a summit without having the proposals so i'm sure there will be significant proposals for commitments forthcoming. and around the time of the un general assembly is the right time to do it. so i hope they do turn to that. the problem is unless it's a situation from the start where president biden took office the domestic challenges are still all-consuming. it can be easy to think of this problem as a foreign assistance development problem as opposed to an exit essential challenge. it's not a matter of being generous. it's really an additional front in that wider war on covid-19 and on the pandemic so it will be interesting to see what they come up with. it's not just biden. it really is also the eu, japan and many others that we all need to specifically obligate and in terms of the russian part this is one area where competition is positive but if

jinping has chinese counterpart xi jinping hasjust— chinese counterpart xi jinping hasjust concluded their chinese counterpart xi jinping has just concluded their most extensive talks since esther biden— extensive talks since esther biden became president. tensions over taiwan, trade, beijing's expanding nuclear arsenal and climate were among issues on the agenda of this virtual meeting. the uk terror threat level has been raised to severe after an explosion in liverpool on sunday. police have named the man who died when he set off a device in a taxi as 32 year old emad al swealmeen. four people arrested earlier have now been released. donald trump's former adviser, steve bannon, has appeared in court after turning himself in to the fbi. he's facing criminal charges after refusing to testify on a congressional inquiry into the january 6th capitol riot. now on bbc news, hardtalk�*s stephen sackur speaks to the former manchester united and france star, patrice evra. welcome to hardtalk from manchester. i'm stephen sackur. of all the football—mad cities in the world, few can compe

let's talk more about xi jinping. he is going to enter this virtual summit in a position of political strength, especially after what happened last week, the big chinese communist party meeting. how does this new power dynamic affect the summit and impact u.s./china relations going forward? >> well, both leaders will be domestically focused as they participate in this meeting. you're right. xi jinping comes off of the six-party plan mm. he has enshrined himself in the communist party, as one of the preeminent leaders. yet, he has between now and next november to actually secure his third term. and he doesn't want anything to go wrong and anyone or anything to stand in his way. so, he will be concerned about the economy. he will be concerned about any flash -- flashpoint in u.s./chinese relations. and he will want a stable relationship with the united states. and the president, i think it's interesting. he will be attending this meeting following the signing of the infrastructure bill. and i don't think that's a coinci

this as we get lines from president xi jinping saying china in the u.s. are at critical stages of development. haidi: and looking at competition but not conflict. president xi saying they need to work together for peace to increase cooperation and communication. stay with us. this is bloomberg. ♪ and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 bucks. sweet. but mine has 5g included. relaaax people. my wireless is crushing it! that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one-upping itself. switch to xfinity mobile and get $200 back when you bring your own phone. or get a samsung galaxy a42 on us. call, click or visit a store today. so many people are overweight now, and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally h

president biden will meet virtually tonight with chinese leader xi jinping. the issues to be discussed so far, the be president's climate agenda, the launch of china's hyper sonic missiles and human rights abuses for ethnic my authorities. it's been 10 -- minorities. it's been 10 months since the be president has been in office and he has yet to raise the origins of covid-19. will he raise it tonight or will he continue to ignore china cull pant in the death of -- culpableity in the death of 5 million people across the world of. boston celtics center putting pressure on biden to confront xi jinping, saying stop playing games with bullies and do what you said you would to the recalled world, prioritize human rights. the nba is threatening banishment. the leaders have spoken twice since biden took office. the administration says they don't expect any deliverables from tonight's meeting. really. closing arguments are expected to begin later today in the trial of kyle rittenhouse. the 18-year-old is accused of killing two men, shooting a third during protests in

rishaad: xi jinping has not left the country in over two years. he is focused on looking after the people. common prosperity will feed into that good -- that. "bloomberg daybreak: asia." -- reporter: economist and markets are asking how sustainable is that? at what point can china shift gears on that. for the moment, they are doing ok china's markets are stable and growth is holding up. that might become a harder story to stick with next year. haslinda: expectations that covid restrictions will say until the end of 2022 good thank you. vonnie: pfizer's claim that the covid-19 bill reduces hospital cases and deaths has hit asian pharma companies. share of chinese vaccine maker at and other drugmakers slump in hong kong. in japan, they have developed a rivaled drug and have fell. far -- pfizer is the second one to announce a pill to treat covid-19. virus restrictions in australia's most popular estate will ease further for fully vaccinated people. booking limits will be listed as -- at hospitality venues. cinemas can operate at full capacity. they h

su: we are getting started with joe biden and xi jinping. the talks come amid heightened tensions amid issues with taiwan and trade. joe biden and president xi have spoken on the phone twice this year but this is the first time the conversation is being billed as a summit. japan's economy shrank, contracting at a much faster pace than forecasted by most economists. this gives additional justification for extra stimulus measures. the fiscal measures will exceed 350 billion. the economy has contracted five of the past eight quarters. morgan stanley economists are sticking to their production that the fed will not raise rates until 2023. even though this rates rise with the ceo. they cited moderated inflation. that stance contradicts the call for the fed to start moving next quarter. chuck schumer could be on the fast track to 250 million bills aimed at competing with china. the bill would boost domestic manufacturing with 52 billion in assistance. it would authorize another 90 in research and development. the china bill passed the senate in ju

xi jinping himself said, show no mercy. i hope the world, this administration, and musicians all over the world, the free world, relies the mantras -- realize the monstrous acts being committed as we meet. pastor chen might want to speak to it. how do we get into some semblance of religious freedom that is protected? it is the worse it has been since mao zedong. at least according to many of my people who provide information to us. finally, if you could also speak to facebook and twitter. i will never forget when my very modest number of twitter followers exploded from a thousand to 26,000 when the hong kong human rights democracy act passed. now i am concerned that many of those people who wrote glowingly of congress passing out legislation, it was my bill that passed in the house, that that becomes part of the trail of evidence that is used against them. what is happening with facebook and twitter, and if you could -- i was president biden sitting here, what would you say to him? we know he has had conversations with xi j

jinping. will he roll over again tomorrow during a scheduled virtual meeting with the chinese dictator? coming up former pentagon chief of stash kash patel on the china threat and the rush allies after he and congressman devon nunez crackled in the russian case so long ago. >> when i was leading the investigation, i told them we had out follow the money prosecution 101 and that's what john durham is doing here. maria: who will hillary clinton's fake dossier take down next as john durham examines the fbi role and those who abused power who are now back in power as then congressman doug collins told him-- set on the program two years ago. >> you have the department of justice and fbi on their own agenda with the political-- hoping for ms. clinton to become president. shows the two layers of justice with a layer from the clinton's and then a level from mr. trump. they were not equal. maria: coming up, former judiciary ranking member doug collins with his notes on the russia collusion big lie. all

as we learned of a potential hostage swap right before joe biden's call was xi jinping what is joe biden doing to stop the authoritarianism and why is he tiptoeing around xi jinping. >> what we need our people to understand that what china is as a geopolitical competitor in a potential adversary, they seek to overtake us. bret: tennessee senator marsha blackburn is here on china, inflation in biden's attorney general politicking at the department of justice. right here right now on "sunday morning futures" ♪ ♪. bret: first up kevin mccarthy smacked down, the gop leader busted up the democrats plan to vote on biden's tax-and-spend agenda thursday night by speaking for a marathon eight and a half hours forcing the vote to be delayed until friday morning while fighting the biden agenda. >> this evening showed no matter the time, the day or the circumstances. house republicans will always fight for you, fight for your family and fight for our country. maria: joined me after the marathon speech, kevin mccarthy. it is great to see you this morning, thank you for being here. congratulations

there certainly has been the attempt to raise xi jinping to the pantheon of the popular imagination. so he visits all over the place and they have declared the leadership core and he has had his thought elevated on par with mao and deng it's something that we have not seen in many years. and in others are not so happy about it. many are not happy with xi's leadership, the turning away from reforms of the limits on their autonomy and their influence and of course, there are people who might like to have a larger role in chinese politics among the people who are being overshadowed by him as an increasingly dominant leader. one of the big topics or the big focal points for xijinping recently has been the issue of taiwan. how do you see him dealing with taiwan going forward? there has been some speculation that taiwan will be mentioned in the pronouncements coming out, the 61, the last big one maters of ideology and political undertakings but the taiwan issue is out there we have seen it become a focus of increasing friction the last month or so and i think they're very clearly laid out

xi jinping is the strongest chinese leader we have had now since mao zedong. emily -- emily: how important is to keep the peace right now? and in six weeks to the holidays? >> absolutely. there is a bifurcation going on in the tech world and supply chains. china is looking a little more inward, trying to be more self-sufficient from chips to other high-tech products. they are looking at the domestic economy, but the united states needs those imports from china and taiwan as well where the supply chain is crimped. an interesting story on the terminal this morning, i do not have time to get into it, but this lengthy piece, i encourage viewers to read it, this new division in china, it is basically government-backed and solely for the purpose of identifying suppliers in china who can supply chin's high-tech -- china's high-tech ambitions. they will be venting and adding input from the government's perspective about products that need to be made in china by chinese company -- companies so there is less reliance on u.s. suppliers emily: check that out -- u.s. suppl

we know he's had conversations with xi jinping. we done know what he has said. we have been told in his february meeting that china, or hong kong, i should say, did come up. that's good. we would love to know the details. what would be your recommendation to him? seems to me, a much higher visibility. you know, you prioritize what you really speak to and are willing to put out for all to see. all done behind closed doors, xi jinping shakes his head, moves on and continues his atrocities. what would you say to the president as to what we should do, and maybe i'll start right here with the professor. >> thank you, mr. smith. you know, there was testimony the other day from a facebook whistleblower that essentially said that interest follows incentives, and we can say behavior follows interest. and so china has been responding to sanctions by passing an anti-sanctions law. and pushing back. and a lot of our actions have been unilateral, so we become easy targets. joanna chiu mentioned the united front, and they're very effective at targeting one country and rewardi

the difference is xi jinping will be in power for at least the next five years and growing talk that he has all the advantages. does he? when traders tell us how to make thinkorswim even better, we listen. ♪ ♪ because platforms this innovative, aren't just made for traders - they're made by them. thinkorswim trading. from td ameritrade. hello, for the last few years, i've been a little obsessed with chasing the big idaho potato truck. but it's not like that's my only interest. i also love cooking with heart-healthy, idaho potatoes. always look for the grown in idaho seal. ♪ ♪ moving is endless, want some water? what? this is yours. thanks, dad. -there's more to it. find the perfect present at the one place that has all that you need. ♪ ♪ >> it means working with our partners and allies to make sure we have a united approach and coordinated approach as it relates to engagements with china. i wouldn't set the expectation. i should say this is intended to have, you know, major deliverables or outcomes. >> neil: all right. she's setting the stage for monday's virtual meeting

the official reason, president xi jinping does not wanto travel during the pandemic. but unofficially, it reflects a cooling-off between the partners. over the past 20 years, china has expanded its role in africa, now becoming its biggest trading partner. but only where it suits beijing's interests. for example, in nigeria, because it is a major oil producer, and for can for infrastructure projects. $10 billion to around $200 billion with a record set in 2013 thanks to investment in its vast adult and wrote initiative. bridges, ports, highways, and dams. today, one in three construction sites in the continent our chinese. but it is a presence that comes at a price, including accountability and financial dependence. china is africa's main donor. over the past 20 years, beijing has led african countries more than $172 billion. sometimes the loans are repaid in natural resources such as oil or cobalt. over time, this dependence has created mistrust towards beijing. in 2018, china's presence in zambia sparked demonstrations. beijing's political agenda has posed problems f

chinese prosecute xi jinping hinted at a slight warming of relations. saying his country is willing to boost corporation and get the two sides back on track. cnn joins us now live from beijing. what are the expectations here? which issues will likely dominate the summit? >> expectations are relatively low despite all the topics you mention. this relationship often described as the worlds most important diplomatic relationship. nose dive for quite sometime. during the former president trump. and when president biden took office there was hopes things could pick up. it didn't happen. biden kept most of trumps china policies and measures and his stated goal of building this united front against an increasingly powerful and aggressive beijing. that really has in the eyes of many beijing officials posed a bigger threat. to china. compared to mr. trumps going alone approach. that explains the ratcheting up of rhetoric and actions taken by both sides in the past few months. the issues we mention not only taiwan but tech trade. cyber security and human rights.

xi jinping on the cusp of -- with a landmark resolution expected. the alibaba singles' day underway with subdued prospects. tencent crackdown harboring growth. shery: look at the nikkei, under a little pressure, mixed for the nikkei with tech and materials leading the declines. industrials and utilities higher, but not enough to put nikkei into positive territory. we just got the producer price numbers with data coming in above expectations of 8% growth year on year. not surprising given the commodity surge, weaker yen, in line with the global inflationary picture. we are watching the japanese yen, it is around a one month high. returning to our 114 range in the last few days. we are watching jgb after the rise in u.s. yields. we saw the superlong sectors bought in anticipation but there won't be increase in debt supply for the next year. we will be watching fiscal concerns in japan. we had seen already the worst day in a week. the korean yuan under pressure against the u.s. dollar. not surprising because we had dollar strength with treasury yields