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He wants to work out a trade pact with the United States and has been trying to avoid a trade war but he also warned china is not afraid to retaliate when necessary. Eunice yoon joins us putting in his comments du jour. There is always something for those who think it is going to happen and then a qualifier. What do you think . That is right it is interesting that president xi jinping weighed in. This is the first time weve heard those remarks. Unfortunately, the content were not anything different from the standard government line about the trade discussions. He was speaking with a group of International Visitors including henry kissinger. His point was that china does want to have a phase one trade deal however there does need to be an understanding that u. S. And china are seen as equals and it has to be done with mutual respect. Thats what we had heard repeatedly w ....
john kerry speaks exclusively to the bbc to outline what the us is doing to help save brazil s amazon rain forest. it will cost all of us much more money not to respond and make this transition now. it s seven in the morning in singapore, and 6pm in washington where a powerful house committee is debating wether to allow president biden to completely ban the chinese owned app, tiktok, which is used by more than 100 million americans. the white house has already ordered government agencies to wipe tiktok off federal devices within 30 days. and it s notjust the us. the european parliament has also banned the video sharing app from staff phones citing security reasons, following canada which imposed a similar ban. but china has hit out at the us and this is what a government spokesperson had to say. |translation: the united states, | the world number one superpower, is so afraid of a mobile phone application that young people like so much that they completely lack any sel ....
Mike is here to talk about what this means. Mike, what comes next . 14 months without a new high. Whats going on now is of course you had yields globally suppressed and that helped the sectors support the market we talked about over the past few months. Now the question is what happens now. We have the earnings recession in the process of ending so you have the more cyclical sectors and the question is do we rotate or have a broader move higher . Last year the doubts were over it and it wasnt a broad based rally. How different is that this time around . Almost entirely different in the sense that last year it was the sexiest Growth Stocks taking over the world that were leading us there and now its the most boring stuff and its basically just these and to me the question is whether the stuff in the middle the industrial stocks, the consumer disgres nary stocks that have had their kind of quite bear markets can come back on the back ....
The european parliament has also banned the video sharing app from staff phones citing security reasons, following canada which imposed a similar ban. but china has hit out at the us and this is what a government spokesperson had to say. |translation: the united states, | the world number one superpower, is so afraid of a mobile phone application that young people like so much that they completely lack any self confidence. we firmly oppose the us s wrong approach to overstretching the concept of national security, abusing national power, and unreasonably suppressing the companies of other countries. i m joined now by bree fowler, senior technology writer at us tech publication cnet. thank you forjoining us on new state this morning. can i get you to talk us through why all of these governments are so concerned about ....