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Offered invitations for the others to visit. Chinas staterun tv says its admirable that trump decided to adhere to the policy and the policy is the basis for the relationship between the two countries. Trump had previously ruffled chinas feathers by taking a call friday taiwans president after his election win. He questioned whether the u. S. Would recognize the onechina principle. The policy recognizes taiwan as a part of china. The japanese Prime Minister is in washington ahead of a summit with trump. Earlier we spoke with our reporter tomoko kamata. Shinzo abe says he wants to strengthen the u. S. Japan alliance and deepen ties that benefit both countries. I think he wants to re affirm the american commitment to the asiapacific region. Trumps campaign remarks on security raised concern. I want to defend japan. I want to continue. But they have to continue to pay. They have to pay us the fair amount. Maybe japan has to defend themselves. Okay . It is unlikely that trump is reconsider
VietnamRepublic-ofNew-yorkUnited-statesCanadaJapanTokyoEast-china-seaJapan-general-ShanghaiChinaOlympic-stadiumGovernment ships helped crews board fishing vessels. They believe they were inspecting as part of Law Enforcement duties. They issued warnings about the activities in the waters. As intrusions of chinese ships increase, japanese government officials have made a record of the instances public. They posted photos of Patrol Vessels spotted near the Senkaku Islands friday through monday. On one occasion, a record high number of 15 vessels sailed together. And as many as 11 ships entered japanese waters in one day. Foreign minister Fumio Kishida sat down with chinas ambassador to japan cheng. He said unilateral is unacceptable. Japanese officials plan to release an english record on the incursions. China and taiwan claim the islands. The u. S. Government says its keeping an eye on the events unfolding in the region. So were closely monitoring the situation. Were in close communication with the japanese Government Regarding their concern. The United States position on the Senkaku Islands as
PyongyangP-yongyang-siNorth-koreaCanadaJapanTokyoShanghaiChinaWashingtonUnited-statesBrazilBeijingWell xblor. A weaker than expected report on manufacturing out this morning. Will this change the feds mind about the strength of the economy . Steve liesman joins us now. Were looking at a contraction here. In the Manufacturing Sector. The belief is that fed will look through this week, at least for a while in manufacturing. The reason is because it seems the result of a crash in the oil and gas industry, a strong dollar and weak overseas growth all risks the fed knew before the report. The numbers were coming in at 48. 6, a level that is contraction in manufacturing. You need 43 for it to be a contraction in the economy. It is the lowest level since 09. New orders, production is declining. Back logs in exports remain at low levels. Heres some comments from respondents that they made public. One says the down turn in china and european markets are negatively effecting our business. Another says the strong dollar is slowing our sales to china as they can buy in europe. That gentleman i
AlabamaUnited-statesIstanbulTurkeyPhilippineBenguetPhilippinesNevadaStanfordIllinoisChinaCaliforniaYou need a watch. Yes, davos. I think the fiscal drag is underestimated the timing is overestimated. Capital spending recovery. Well take that to the bank. Join is on tuesday. Have a great weekend. Inauguration day. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber. Dow looking to add about 16. The s p 500 looking to add about a third of a point here. Yesterday, of course, the s p closed at fiveyear highs in what is notable, transports, airlines, housing and cyclicals all at 52week highs. In europe, juiced by china data which well talk about. A mixed wag over there. Signs of the rally here could continue. Chinas gdp topped estimates, General Electric beats by a penny, caterpillar catches an upgrade from piper. Morgan stanley showed improvement in Investment Banking. The latest decline of the pc, intel trading lower on its earnings with a pop in cap x spending. Reuters says sharp
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