i was with president xi of china . talk about doing something and talked about it briefly and it is very sad. will you be delaying the census? that a census, if , they spendhis work billions of dollars on the census and you're not allowed to ask, not indoors, check houses and you are not allowed to ask whether or not somebody is a citizen? you can ask other things, but can ask if someone is a citizen? we are trying to do that. is -- it isu think so important to ask? betweena big difference being a citizen of the united states and being illegal. treatmocrats want to citizens in than the country. these people got sick working for the united states and we treat people that just walked in better. you look at california how they are treating people. they don't treat their people as well as they treat immigrants, so what point does it stop? it is very unfair to our citizens and we are going to stop it, but you may need an election to stop it in we may need to get back to the house. they are speaking very much. >> it actually

china because they don't trust the legal system in china and they saying that it will be used as a tool for the chinese government to pursue political activist and opponents and so for them this is really if the law pos it will be really an infringement on the freedom of speech in hong kong and that's why. many protesters come out to oppose this. we're talking to thank you for talking us through that so. from a d w you should think. so let me recap the breaking news that we've been following across this hour there's live pictures of from hong kong where riot police have been advancing on protesters who have occupied the territories the territories that legislature those these pictures now are of police near the hong kong parliament building police have been seen trying to disperse protesters with tear gas and batons demonstrators occupied appollo its main debating chamber earlier today following mass and government rallies in the city it's now being reported that the police have now taken back control of the building there were voicing opposition that this proposed extradition bill woul

to stop these arbitrary detentions but china sees things differently. this is what china once visitors to see a full dance outside the largest mosque in the country the spectacle belies the sinister realities of life for shin johns we go. up to $1000000.00 of whom are thought to be held inside reeducation centers like this part of a growing complex of sprawling secretive camps. for journalists trying to get close to the prisons. plainclothes police stage ruled traffic accident and run old fashioned interference to stop outsiders finding out what's happening inside. a former inmate described his or deal in an interview last year. they grabbed me and put me into a metal chair like device and if you stand still and cannot move your arms are secured by the metal parts and your chest is exposed. after 6 hours of this device my whole body ached the pain becomes unbearable. this is why 10 years ago we go rioted after 2 workers were killed by a han chinese 200 people died in the clashes fearful of a repeat the crackdown against the leaders continues to this day

and china are talking again representatives of the 2 countries spoke on the phone tuesday night that's according to chinese news agency shin watch it's about time because weak industrial numbers out of china have renewed fears that demand for chinese goods is beginning to fall off thanks to the trade conflict with the us the producer prices index an important they're all much of the industrial sector sector that measures the cost of goods at the factory gate came in a 0 in june that's hard for 4 point drop from the previous month the weakest result in the last 3 years and that's also bad news from the car industry sales have been falling for 12 consecutive months. that's very nice of business correspondent andrea hang from singapore where is this the 1st results of the trade conflict. well look at how the trade conflict is only hof responsible for what's happening in china with these numbers now there are 2 other 2 that 2 other push factors number one inflation now china has imposed some cooling measures to those producer prices that you mentioned but no that is not there's a worry tha

you brought up the threat that china poses. i am wondering, what is the best way to get them to play fair while minimizing the damage they do to us? sen. hawley: we have to stop their manipulation of the currency markets. china has been doing this for quite some time. they have been trying to drive down the value of our current -- there currency and drive up the value of ours. one of the reasons we have such a yawning trade deficit. it is not that american workers are good at what they do. i am tired of hearing that american workers are stupid and lazy, and if they get with the program we would not have a trade deficit. that is not true. [applause] let us just say this, american workers are the most productive workers in the world, the best workers in the world with the most innovative people in the world. we will compete with anybody. when you have other countries, and china leads the pack, and they tried to intervene in order to privilege their own products, it is hard to compete. the president is trying to address this while

from the china threat. take a look. >> one of the members of congress that has been toughest on the threats in china is josh holly from missouri. senator, i've been watching what you been saying on china with great approval. i'm very excited to talk to about it. big picture, how would you set up this threat. >> they've already taken our jobs come they're trying to steal our technology, they're trying to build our military on the back of our middle class and it's time we got tough. we can't continue to allow them to run over us. that means getting tough on trade, getting tough on stealing our technology and stealing our jobs. >> one specific aspect that you focus on is the connection between our technology companies in the chinese military and you've got a specific proposal on that. tell us about that. >> chinese researchers who want to come over to the united states should have to, and work on sensitive technologies in our lab should have to go through background screening to make sure they're not actually

china china is a very interesting case right we have a growth in china slowing and for guests from the us the around 6 percent in 200-100-2020 not the same as the double digit that we were used to in the previous decade but china cannot afford not to care about the environment they said we have evidence of from various sources and it is about $1000000.00 deaths per year premature deaths because of air pollution we have evidence of economic costs of pollution in china so china needs to get its act together about pollution and things are going on it's part of a bigger problem so it's not just more ambitious environmental policy it's also law enforcement it's linked to the rule of law in china which is another going for growth very early on or in our report and also the fact that it's a level playing field in competition the fact that you know older inefficient performing and less environmentally friendly firms would need to enter the market whether enjoys support that keeps them on the market so it's a bigger problem that needs to be addressed with a complex set of policies and these are

>> the talks are moving very well with china. china always breaks the new deal --the end or seems to boot seems to. they devalue their currency and they are pumping money into the system to be able to pay for it. a lot of companies are moving out of china. the united states dates -- is doing phenomenally well. we are giving some money to our farmers who have been really targeted by china. the farmers are very grateful. on most they have spent agricultural products is $16 billion. i took just a small part of the money that china is paying us and i gave it to the farmers and the farmers are very happy. the fed moves in my opinion far too early and far too severely. i have made the economy so strong that nothing is going to stop us. i want to see the quantitative tightening stop. i also think that had they not good as a record in the stock market, we have the all-time high at the history of the stock market. i think it would have been --000 points higher president obama had zero interest rates. we have normalized interest rates. wit

handed control of the city to china. protesters stormed into the legislature tearing down pictures and spraying graffiti. the police moved in after that. officers in riot gear roque through the lies causing activists to leave the chamber. elsewhere, more than half a million protesters marched through the territory making peaceful demands from micro c. -- for democracy. >> this is something we should seriously condemn because nothing is more important than the rule of law in hong kong. i hope community at large will agree with us that with these violent acts we have seen, it is right for us to condemn it and hope society will return to normal as soon as possible. >> looking back on the days events. reporter: after another day of protests in hong kong, police ran out of haitians. with tear gas and batons they moved into clear the area along the legislative town, hong kong's parliament. it has become the focal point of antigovernment rallies because protesters believe it is controlled by mainland china. this time, they had

we have people over in china right now. we're negotiating with china. we'll see what happens. we're either going to make a great deal or not make a deal at all. a lot of great things are happening. our country has gone way up in terms of its number one economy in the world. it's picked up tremendously in the last three careers since i've been here. a lot of great things are happening. a lot of really great thimngs ae happening. the economy is through the roof. we'll hopefully get good decisions from certain branches of government. we'll see what happens. we have a lot of good things happening. we were just speaking with the department of commerce and we have interest in our country like we've never had before. >> mr. president, do you regret baltimore? >> baltimore has been very badly mishandled for many years. as you know, congressman cummings has been there for a very long time. he has a very iron hand on it. it's a corrupt city, there's no question about it. all you have to do is look at the facts. the government has pumped in over the years billions and billions of dollars

china's efforts to back -- china's strategic engagement in the south, region, bolsters china at the expense of regional stability. china's efforts to back oppressive governments and to such as the maduro regime and to , pump loans into local economies at unpayable interest rates reveal china's interest in spreading influence and consolidating power. as a result, latin america has become a fixture for chinese ambitions. utilizing economic coercion to grow support for chinese follett policy objectives [indiscernible] and the exclusion of the u.s. and canada from regional discourse. trade and economic ties between the united states and latin america are changing with china surpassing the united states as the main destination for exports from several latin american countries. china is also deepening military and technological ties in the region. for example, we have seen space related cooperation in brazil, venezuela and argentina. china has increased arms sales in a manner that violations -- that violates u.s. and e.u. restrictions and hinders our , ability to integrate with our strategic part

the money that china has taken out of the united states has rebuilt china. and i do not blame china. i blame the united states for allowing that to happen. so if i'm presidency - president xi, or if i'm iran, i'm going to say that if i can hold out i'm going to wait firstly sleepy joe biden instead of trump. because sleepy joey can make any deal we want with him. he does not know what is happening. pres. trump: we will be announcing a something fairly soon. they put a tax on, and we said do not do it. we tax our companies, you do not tax our companies. it is called reciprocal. it is a reciprocal tax. we will be announcing that fairly soon. makes sense, john. do you agree with that? you are a man that enjoys wine? you just will not enjoy french wine anymore. >> i agree that american wines are very good. [indiscernible] pres. trump: i think china will probably say let's wait. it is 14 or 15 months till the election. let's see if one of these people that gives the united states away, let's see if one of them can possibly get elected. and i tell you what, when i

so call the china we call the mainland ok we are taiwan our mainland we together is a china is a one china war if you think the threats from china is so serious as one why do you european people all the people around the world all the members are in the end try to work with china try to have dialogue with china try to solve problems it's true that you know that as well as i do it's not a human rights record is there working history we can do that too apart from trade what exactly does democratic taiwan have been common these days with one party communist china you have free elections yes you will change your party in power they don't you have independent courts they don't you have a free press they don't you can speak out against abuses of power and they can't what on earth have you got in common with mainland china. i think we should emphasize differences. go there work with them be their friends be their brothers and change them instead of being their enemies go there walk with them you can change you like what do you are doing with them now what are you going to do a country about

china reduced their currency. they devalued their currency and they're pumping money into this in order to pay for it. they had the worst year in 27 years. they've had a terrible year because of the tariffs. a lot of companies are moving out of china. you've never seen this before. the united states is doing phenomenally well. and we're taking in tense of billions of dollars from china. we're giving some money to our farmers who have been really targetted by china to do a number of them and because they like me, the farmers like me and i love the farmers, and i will say that, the farmers are very grateful, the most they've ever spent oning a cultural product is $16 billion. so when they pulled out, i think money mall part of the and i gave it to the farmers and the farmers are very happy. >> if the fed moves in my opinion far too early and far too severely puts me at somewhat of a disadvantage. fortunately, i made the economy so strong that nothing's going to stop us. but the fed could have made it a lot easier. i

within china so. there is obviously some hypocrisy there but it also goes back to the way you frame the language because when we talk about what happened in france we talk about the rioters when we talk about hong kong they're protesters but obviously the 2nd they broke in and the storm parliament. the protester what about the flag thing that's what i don't get ok i mean they it is universally internationally recognized as a one country there's we have these 2 systems one country is this a call to return to colonial rule well i guess that made it more inappropriate for the british to respond because by hosting the british colonial flag obviously that's a challenge to the return of britain's colonial possession and returning it back to china so for the british for he didn't have democracy they were a colony no ok i think. let me go back to markets here i mean this is what you know i find what will during here i mean they there are these protesters some of them very violent are are calling for a modicum

how to deal with the migration crisis but once again they failed plus the problems of growing old in china millions of senior citizens face and uncertain future with the cost of elderly care rising and few workers working age people to care for them it's china's demographic ticking time bomb. i'm bringing off to our viewers on p.b.s. in the united states and all around the world well it began as a racist tweet and it's become a rallying cry for donald trump supporters the u. . president used a campaign rally in the u.s. state of north carolina to repeat his attack on a group of democratic congresswoman now when he mentioned the name ilhan omar the minnesota congresswoman from a somali refugee family the crowd of supporters began to chant this. send her back they chanted the 4 women that trump had called on to go back where they came from in a tweet earlier this week where they are known as the squad they are all young all women of minority ethnic cities and they also represent a new left wing of the democratic parly party calling for progressive legislation such as universal health care a

or in some cases developed in china. so companies likeog 's wamo division, apple if they're developing a car. you have to think that everybody wants to get involved in the winfrastructure associateh that automation. if there are a lot of tariff battles and intellectual property ba some of that technology will be slower and slower to bring to market. so it really casts a wide shadow over the entire indury. >> on that note, thanks, tim, good to see you. >> thanks for having me. >>> and coming up,eh peekd the curtain of big money cdono. rles koch is one of the most powerful names in conservative apolitics, we get an inside look at his exclusive retreat for business leaders, donors and politicians, coming up next. >>> opec has agreed to extend production cuts by nine months. the deal must now be b approve non-opec allies tomorrow. domestic crude crossed $60 a bael earlier in the day b closed just below that mark brian sullivan has more fr vi vienna. o reporter: it was a long day here atpec headquarters but in the end it did

and this was no difference it's a crude interference in china's internal affairs and a harms china's servant and a security interest china is strong least dissensions far and thoroughly opposed to this and has already made a stern representations to the u.s. side and. china regards taiwan as a breakaway province that it will one day retake that threat is why taipei feels the need to regularly upgrade its weaponry this deal may be viewed by beijing as particularly provocative if it's approved by the united states congress at $2200000000.00 it would be the largest since donald trump took over as president taiwan in the u.s. continue to consolidate our security partnership together will guard the democracy and freedom of the taiwan strait and stability in the indo-pacific region the type of equipment included in the deal is likely to further anger china in a bid to modernize its defenses taiwan will by missiles and battle tanks the timing of this deal is also likely to be viewed as provocative by beijing it comes amid a truce in a trade war between china and the united states with negot

versus china, i say, look, i'm not here to bash china. i'm not here to even ask you to make a choice. i'm here to talk about what's important to you and what's important to us and i think i know where you come from where you honor and respect democracy, rule of law, human rights and sovereignty. i look at those four representative variables and i look at the competition that you might to do business with. these other external state actors and i know where we stand. we're not the perfect people, but we work really hard at being good in this country, particularly in our military. we make mistakes, but they're usually mistakes of, you know, honest mistakes. i know where i stand on those four variables and where the competition stands on those four variable. when you buy into a product, are you prepared to buy in what might come with what kind of rule of law, what kind of respect for human rights? i don't see currently an indication that people are buying into that in a way that's corrupting them or causing them to stray from their commitment

china's economic growth slows to a record low as its trade war with the u.s. deepens. and 18 months i have office but former south african. didn't jacob zuma is facing more corruption questions. where we begin with new diplomatic efforts to end months of heightened tensions between iran and the united states iranian president hassan rouhani says his government would be willing to talk to the u.s. but only if washington lifts its economic sanctions and returns to the conditions of the 2015 nuclear deal it ordered that it will go when a big pair is a bully we have to stand up to it it must stop being a bully we have always believed in taught always right this our right this moment if they stop the oppression if they stop the beleaguered rence if they lift sanctions return to the table return to logic we are ready. well shortly after his comments european leaders who are signatories to the deal issued their own statements calling for dialogue between all the parties to resume in a joint declaration france germany and the u.k. said we are extremely concerned about iran's d

our care about china, and i care about the united states. >> china is a state supported and firm in china. the energy business we do in china, do you know if those are state supported or state owned firms as well? >> some are, yes. >> okay. >> again, this is a new day under my leadership. >> i understand it's a new day. i appreciate that. i think the president brought some clarity about the risk china brings to this country. i think we should think about exim in the future and the role is plays in supporting chinese state-owned industries. we live in a world of nations. not that many of them, 220 or so. we don't have to write abstract rules to apply to every single one of them. we can apply rules to nations that are allies like korea. we don't have to write individualized rules for every country when you have china that poses a unique threat given their size, economy, military capabilities and leader stated intention. thank you for your testimony. >> thank you. senator menendez. >> thank you. madam president -- i thought i was going to get to use that term more often. but in any event, i

china trade talks. the boj expected to downgrade some projections as well as lower inflation forecasts. pmi datapanese flash and earning seasons taking off in earnest with names reporting in south korea. of updates from aussie companies. 64.4.lia's flash pmi, >> think you very much. let's check in the first word news. on the first word news. >> the u.s. justice department looking at whether companies are harming competition. they will express -- address concerns people have expressed about social media and online retailers. it is the latest sign of official scrutiny by washington. facebook and google parent alphabet fell. warningbusiness is incoming prime minister boris johnson he must avoid leaving the european union without a deal. he will enter 10 downing street reiterating his pledge to leave by the end of october,, whether october, whether or not a deal is in place. >> today at this pivotable in our history, we have to reconcile two sets of instincts. between the desire for friendship and free trad

in 2017 china announced that it no longer wanted to be the. the world's largest rubbish bin and if they would stop importing used plastic from january 20th. this decision led to the collapse of the recycled plastic market our precarious business and an economy that rests entirely on the backs of the most vulnerable. back at the coca-cola headquarters we speak to michael goldsman the vice president of the company again. we. we. see measure. you know as you would expect. me. yeah. yeah yeah. they do. i'm going to fail meant a nose or. disabled. under the fair. the economy circular economy. ticket good. business. easy. see. clearly. if. there. good ease on this one depressed if you know small poor korean system a. good ski day. beauty. t.s.a. . is only one time you do the plastic maze. say no source. no to put a value. in valor or appraiser v. v. and. pass your own to sort of plastic. rican system for you a problem. do you. suppose any on. on a on trend. towards i need. it to suit me for we for the new year doesn't know what i mean that's sort of

the south china sea. we see a tremendous buildup and blue water navy capabilities. we see a determined form of their economic policy internationally and particularly the way they have abused their position in the wto. the u.s. is committed to securing fair and reciprocal terms in our trade practices and that will require china to be more transparent. it is on that point that the president has particularly confronted china. he is doing it on the basis of an insight that no one would dispute that ultimately national , political, and military power and its projection around the world rests on a strong economy. when one country is abusing the rules of the international trading system and particularly taking advantage of the u.s., that must stop. you see through the use of tariffs that the administration is willing to use all available tools to help level the playing field. the trade negotiations that followed the imposition of tariffs have concentrated on what we call structural issues. massive, persistent th

is done slowly becoming a part of china industry chinese automotive group b.k. i. i see by say 5 percent stake in germany's flagship comic taking the total chinese investment in the company to almost 15 percent. almost coming paul also coming up all eyes are on britain's to be new prime minister boris johnson and his plans for brakes it the country hasn't even left the e.u. yet but already there are signs of britain entering a recession. and the robots are coming no job is safe at this spot in prague machines are already mixing the drink. it's done slowly becoming a part of china's car industry chinese automotive group a icee buys a 5 percent stake in germany's flagship comic taking the total chinese investment in the company to almost 15 percent. almost coming paul also coming up all eyes are on britain's to be new prime minister boris johnson and his plans for brakes it the country hasn't even left the e.u. yet but already there are signs of britain entering a recession. and the robots are coming no job is safe at this spot in prague machines are already mixing t

and china it fizzles out. and one of the world's biggest contributors to ocean plastic cynical plans to crack down on polluters by imposing fines of. the restrictions on the use of plastic. i've been fizzling let's do business a modest cut to interest rates the fed delivers and leaves the door open to more cuts the us federal reserve has lowered rates by a quarter percent it cites concerns about the global economy and muted u.s. inflation it's been a long time since the late last rate cut almost 11 years and was december 2008 on the tail end of federal reserve efforts to prime financial markets during the recession it's only going up since then in line with the recovery and eventually a booming american economy well compare that to the european central bank where the deposit rate for other banks says long been below 0 and where policymakers is still cutting that's put even more pressure on the fed as rate cuts the value of the euro against the dollar affecting their trade balance and then there is the pressure

a historical concept in the eu and china. the state may mysteriously disappear and never appear in public. is that true what the outcome was? >> i am not supposed to comment on the case in the wto. >> you still don't seem worried. >> in the meantime we are confident, our renewed methodology works, we have been applying it for a while and we will continue to apply it. an area where we had continued cooperation with the us. >> we are next. if you were lost we would have been next. we dodged a bullet thanks to you. there is also of course a different one which is more complicated where we are not on the same page and that is the 232 tariff disputes where many countries and the eu brought complaints against the united states and there was an adjudication on this issue between russia and ukraine which you know well where russia was and what is the timeline for the american cases and what do you think the outcome is going to be cute you >> i don't have a crystal ball. this is one of the cases where we have come -- this is true, the

china's e-commerce giant is now allowing u.s. companies to sell on its platform opening up markets especially for small american businesses in countries served by ali baba like india and china the company's move to open up its speed to the marketplace to u.s. manufacturers distributors and wholesalers is part of its larger effort to expand in its international market share taking on amazon's own being to the market place amazon business in the process. our financial correspondent yan's quarter joins us now from wall street yes so alibaba taking on amazon going head to head with amazon what chance does on about to have here. well i mean overall ali baba already has some experience in the us and the market to be to a piece of business the business market is huge it's estimated to surpass this year a trillion dollars so there was quite some potential and if i understand correctly ali baba's going a bit of a different way than. that specially small american companies are going to keep the customer relationships and old saw the data s

start with the same three words. >> china, china, china. >> no. a florida man. >> is children's place a buy >> i believe it is we haven't had unusual activity in the name for almost a year, however. when it came down from about the 115 level, slammed down here to the high slammed down here to the high 80s, low 90s, maybe it's bounced to 96, 97, i like it here >> german town, tennessee, i believe. finally, a question for the killer for john in connecticut lockheed martin, more room to run? >> more room to run. this is an essential name. as we go into an election year, you will see more government spending in defense. we like lockheed martin, lmt >> there you go. likes that can children's place. meantime, natural gas, down more than 4%. seema mody and the futures crew prove they have your trade >> gas futures tumbling in the aftermath of hurricane barry scott and anthony are your trader what do you make of the big move >> it's getting killed nat gas is getting killed by the outlook, the weather outlook improving. it seems gas is coming down just as

china relations. dialog where they bring economists from around the world and business leaders to discuss pressing economic issues. thank you for joining us. you are the former u.s. assistant secretary for asia and he spent 20 years at the treasury department where you were negotiating macroeconomic and reform openings with the chinese government. model continues to be a pressing issue in trade negotiations. how much improvement have you seen? robert: there have been big changes over the years and china is a lot different than it was when i started. the thing that concerns people in the u.s. now, particularly in the policy community, is china is, in part, turning back from the economic reforms and increased marketization of the past towards more state control of economic sectors and greater importance. selina: do you think these trade negotiations can reverse some of those trends back to where you think they were before? robert: no, but i think the recent shift in the emphasis of chinese policy is som

paul: china's gdp not the only big number out today. china numbers, monthly activity indicators, they are going to show how much of the second round, $200 billion round on tariffs on chinese goods is affecting. i made a list to show you what is going on. financial production, expected to rebound. retail sales, consumer may be studying that. fallingyour data going, to a percent in june but not as much. fixed asset investment, seeing study at 5%. people are saying all the stimulus the chinese government did, is it going to help these numbers? in the trade deficit later out today, it is a -- is it going to weaken? we have australia, unemployment, central banks, the bank of korea and bank indonesia, expected to rate -- meet and hold rates steady. eight fed speakers this week including jay powell, retail sales, industrial production of all things. governor kuroda is going to be speaking on a panel on central bank independence at columbia university on friday along with eric. we have a busy week all over the world. i will take it from here. g

china. joseph gagnon, how long do you think these negotiations will last and will be the sticking points? guest: the election looms large, the presidential election, coming up for their election of the president, hockey wants -- how he wants to be seen. on the one hand, being tough on china and on the other hand, american farmers are losing exports. but in the sense that half of chinese experts have tariffs, the real question is who is paying that tariffs and who will feel the pain more? the u.s. side is betting that the chinese side will feel that pain, whereas the chinese side will feel that american consumers are feeling that pain. is?: who do you think isst: economically, china losing more. a lot of companies are worried about putting new facilities into china. but the political side of it may go more against the americans, because any pain at all during an election year is not good for the president. host: what are your thoughts on the use of tariffs here, the ability to bring china to

coming up, china's plan. going to meet one of the industry analyst and discuss the winners and losers coming up on bloomberg. ♪ let's get your latest business flash headlines. apple is in advanced talks to buy intel's smartphone chip business. the deal would cover a portfolio of patents and staff valued at $1 billion. david: microsoft is investing $1 billion in a partnership with a research group cofounded by elon musk that will use microsoft's cloud services to run its ai software. the two will also jointly develop supercomputing technology. let's look at markets. estimateshe highest here, missing median estimates. yvonne: actually falling lower by 2% at the moment. watching sports as well. they came out with a profit alert that was to the positive. the market up 3%. already, these gains on the hang seng. samsung as well. we are seeing a lot of chip stocks rise. goldman sachs operating excess inventory going to deplete quicker than expected as well. plenty more to come. this is bloomberg. ♪ >> it is 12:2

talk of unease in china say infuse the us and for cruises is growing as more and more chinese gained the wealth needed to see the world we can see that the ships that get in that chair and there are more things like living on the ship is like living. daily living you can live on the ship for days well getting. to the construction of bigger fancier ships is seen as a major problem particularly by environmentalists last month activists prevented a ship from leaving the german port of kill citing the large amounts of so for outside the boats pump out to sea and communities in top crews destinations of also complained about their impact this apparent is near misses between a ship and a smaller boat in venice is congested canals caught on camera at the weekend this further view of the movement to get them banned from the italian city. new industry regulations will force cruise companies to cut their emissions next year propelled by chinese growth they'll continue to ferry millions of people to destinations all around the world including some where they're not always welcome. and before we

you estimating that china -- the u.s. demanding that the china remove state subsidies and address ip theft with codified laws. these are really heart issues for them to tackle and it seems like today's meeting will be another drop in the bucket. shery: tom, in the meantime, there is one company caught in the middle of this, huawei. you were able to talk to their chairman. what did he say? here -- we are here at the headquarters in shenzhen of huawei. we talked to them about their first half earnings. that is why they invited us to speak to their chairman. the earnings are pretty solid given the pressure they are under. the ban in the u.s., the blacklist, and the pressure campaign from the u.s. to get other countries to ban huawei. revenue growth in the first half, $58 billion. you lift the hood up and have a little luck, you see the things that are being difficult for the company, particularly after the blacklist. the first quarter, revenues around 39% growth. the 14% after the blacklist is put in place. some top lines fr

they have to go to china, to go back to their country. so they stop to invest in property. eporter: it is also now getting harder for chinese citizens to get their money out of the country. as a result of the trade war, the chinese government is now cracking down on the $50,000 limit on foreign currency exchange. >> translator: >> china/u.s. trade war has an impact on investors. >> reporter: she says 75% of her business used to be chinese buyers but now it is les than half. >> before the trump administration, most of the chinese use a o lot underground banks and they use -- say, for example, 20 people, each wire $50,000 to their bank account over here in u.s., but now they are not evellowed to do that. >> reporter: so with the funding cut off and some offi the nancial and ed indicatiucationa incentives less appealing, chinese buyers are simply taking their business elsewhere.y for "nighsiness report", i'm diana olick in washington. >>> to the economy now where the latest read on auto sales shows americans still have a healthy app ti appet

it had damaged uk—china relations. we strongly condemn and oppose the gross interference in hong kong affairs and china's internal affairs by the british side. i call on them to keep hands off hong kong. what upset the ambassador was the warning from the foreign secretaryjeremy hunt that there would be serious consequences if china diluted hong kong's freedoms, and the promise from borisjohnson that he would back the demonstrators every inch of the way. the row centres on the joint declaration agreed by britain and china in 1984 that in future, hong kong should retain some autonomy and freedom. this meant that after the handover in 1997, hong kong would exist under a so—called "one country, two systems" policy. britain thinks that until the declaration expires in 2047, hong kong should keep its freedom. but china says the treaty is now just an historical document. theresa may said she had been shocked by the violence, but emphasised that the majority had marched peacefully and lawfully. it's vital that hong kong's hi