Page 7 - China Problem News Today

Themselves and competing with us why not go straightaway at china do something specific against china rather than the entire aluminum and steel industry? >> so, you know, on the chess board, we have to defend our steel and aluminum industries. no question about it for national security and its not a china problem. we had 20 countries flooding our borders with steel and 15 with aluminum. we need to defend against all those countries. maria: so whats the china problem then? >> maria you hit it rig...

Relationship with washington in some of those -- you know, theaters of conflict. but we cant get over the problem of russias intervention in the u.s. elections. >> the -- another interesting element of that is that clearly putin achieved one thing that he was after. he achieved total chaos in the american political system but the flip side of it is, i dont think he planned -- i mean, who am i to say this, but i dont think he ever planned on the reaction in congress to what he has done. and to yo...

Trading day when the dow plummeted more than 1,000 points making todays intraday swing on the dow the biggest ever. meanwhile, take a look at where the other markets stand as we show what this all means in a global volatility and domestic volatility. joining me is jared bernstein, former chief economist and economic policy adviser to vice president joe biden. so really, that is two for one having you here because im going to talk to you about joe biden and also about the markets and starting wit...

How do we change that? how do we change this cycle of seeing north korea act out, engage other enemies and really disrupt the region? >> well, i think there are two things. first of all, south korea can close that industrial complex which has provided a lifeline of economic support to north korea. but more important, we need to talk to the chinese. we need to use our economic leverage and, basically, say to the chinese you can be friends with north korea, you can be friends with the united state...

Rick: were following developments ouf iran where a deadly earthquake struck near a key nuclear facilities, the operators of the plant say that the reactor is operating normally after the 6.1 magnitude quake. irans state television reporting that at least 30 people are dead, hundreds more injured. this quake was so powerful that it forced the evacuation of offices across the gulf in qatar and also bahrain. we will bring you new developments as we get them. ♪ ♪ jenna: well, a new report indica...

Doing with iran right now? >> well, china has been a country that has provided iran with parts and components for its nuclear program, for its ballistic missile program, state-owned chinese companies were years were assisting the iranians. now chinese middlemen are facilitating that proliferation-related trade. the chinese have resisted punishing sanctions from the u.n. security council, theyve really tried to protect their iranian ally on whom they depend for a fairly large percentage of their ...

Going to take a quick commercial break. well, two questions. one is if you solve the china problem, does north korea and iran problems go away? the second is a question from "the wall street journal" about whether or not in our history right now we are witnessing the greatest proliferation of the atomic age that well ever experience in a lifetime? some serious questions, well be right back after a commercial break with more. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. ...

This is -- i will quote myself on twitter. i dont know that you can describe how hes doing among black voters other than to say he is whomping mitt romney, 97% to 1%. and yet, and yet, lis marlantes, charles krauthammer in the "washington post" calls obama the divider in chief, slice and dice, group against group, there is a problem, however, it makes a mockery of obamas pose as the great transcender uniter healer of visions. making the argument his focus on the arizona immigration law on womens...

Growth. joining us now is senior editor of the new republic timothy noah, author of the great divergence" a book everybody should read. i wanted to jump off of some numbers in the "new york times" on the editorial page today talking about debt held by the top 1% or top 5 versus it the bottom 95%. in 1983, the top 5% in this country, 80 cents of debt was held for every dollar of income. in 19 3 in it erms of the bottom, 60 cents. those numbers have greatly changed. in 2007, the top 5% held 65 cen...

Debt are in a world of hurt and peter morrisy says we could be soon as well. how badly does this hit us? >> quite badly. china is still a developing country, very export dependent for growth. if exporters get into financial trouble, problems with banks. look for them to slash prices and somehow pump money into ex pours and for more goods from china to come to the united states, creating unemployment here. china would buy less from developing countries in asia. those are our customers as well. bi...