Ever trip to the United States. He then heads to new york and philadelphia, and at some point, could discuss a topic hes touched on before, namely, capitalisms flaws. In washington state, the president of china began a nearly week long trip. His first state visit to america as the leader of that country. In addition to meeting with president obama, he will be talking with a whos who have american ceos at a time when tensions between china and some industries are running high. Thats where we begin our coverage with Michelle Carusocabrera in seattle. Reporter the president of china arrives in the United States at a critical time in u. S. china relations. Chinese economy has been faltering and beijing increasing its level of economic intervention. President will be meeting with ceos of apple, most, burke shish hathaway, ibm, general motor who have an a lot at stake in china and deeply concerned about the situation there. One of those meetings orchestrated by hank paulson. China is very im
And thousands of students in hong kong start a weeklong protest against beijings rules for the election of the territorys chief executive. Hello. Turkey has closed most of its border crossings with syria after an influx of refugees escaping Islamic State militants. Turkeys deputy Prime Minister says more than 130,000 people, many from the predominantly kurdish town have kobane have crossed into turkey in the last few days. Meanwhile, the banned Kurdish Group pkk has called for kurds in turkey and beyond to take on Islamic State. The moves threaten a fragile peace plan between the pkk and turkey after decades of conflict over kurdish autonomy in turkey. Our correspondent reports from the border. Reporter the turkish authorities are beginning to close sections of the border, which had been opened last friday and saturday, and which saw tens of thousands syrian kurds crossing here into turkey, fleeing the city of kobane, a Syrian Border city and fleeing the advance of Islamic State milita
I think its completely crazy were doing substantive work on the 17th of december. I cant imagine were holding real conferences here right the week before christmas, but we are, but thats because theres so much to talk about, and im so glad to have you all come. Thank you, thank you all for being here. My name is john hamre, im the president at csis. I wanted to say special thanks to Julio Friedmann who is a friend. We have known each other for many years. Hes fortunately in town serving in government more directly. Hes a government guy, hes out at Lawrence Livermore labs but were so pleased he can be here leading at a crucial time when we need to be thinking through a lot of important issues. For a very strange reason, recently i have been doing some personal reading on the history of philosophy, and i was recently reading about Thomas Robert maltous, a british cleric who in the early 18th century who was a very provocative philosopher because he had very dark views about the future of
Early conclusion of the tpp. Furthermore, on the aiib aiib in asia theres a tremendous demand for infrastructure. And the Financial System to respond to this is very important. On this recognition we see eye to eye 2009 china and myself and i think this is a point on which we see eye to eye between many countries. For japan to participate in the aiib is a decision which we have not taken yet. But to create such an enormous financial institution. And since this will have an enormous impact on Asian Countries as fair governance is necessary of the institution. In particular the board to review individual projects and to approve of this is indispensable. And sustainability. And the environment and society. And the impact of this should be considered. We need to secure this. Its not only about the lenders, but the borrowing nation zs. For example, various Infrastructure Projects may not be sustainable. It might have too much of a burden on the environment. If this is the case this will bri
Britains Prime Minister heads for a post election deal. And welcome, everyone, to the show. Weve been digesting the recent pmi data across the youre euro zone. We got the latest data on april manufacturing at 52 versus the 51. 9, and 52 which is the break down for march. Interestingly enough, the numbers out of italy came in pretty strong. Italian april manufacturing pmi up to 53. 8 to 53. 1 for march. A 12point high attributed to strong export orders. Some of the upbeat orders out of spain as well thanks to a rise to exports. A boon for spanish recovery. German slowed in the month of april to 52. 8. It did beat forecasts of 51. 9. Weve been taking a look at the euro dollar holding flat at 1. 11 down about. 4 against the u. S. Dollar. Chinas manufacturing pmi has disappointed investors falling at its fastest rate in a year. Its suggested that factory ended at 44. 8. So the stimulus bandwagon rolls on thats the market expectation and as you noted, Mainland China front running the idea o