Things Beijing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

be allowed women's sports. good evening i am jon scott and this is the fox report. ♪ we will have more on both of these stories ahead. but first, bipartisan group of lawmakers wraps up its trip to taiwan per drawing threats from china. this as foreign house affairs committee chairman michael mccaul said if china invades taiwan, u.s. troops could be deployed to defend the island. aishah hasnie has the details from taipei. >> jon, good evening to you. people here in taipei are going about their daily lives despite the fact china is flexing its military muscles less than 100 miles awa...

Current account. china, for a lot of reasons does not gotta give up control of his currents if you want to be the reserve currency of got to do things beijing is not prepared to do. quick to think the united states dollar is still going to maintain dominance? >> yes, unless of course of this crazy inflation spending for there's only one country that can dethrone the dollar and that of course is us. nine gordon chang some obvious observations there thank you. and spends the eastern holiday at camp david members of his administration are left defending the white house review of the botched withd...

They will force banks to continue lending so it's a very different type of crisis. >> reporter: but a failure does seem inevitable in china's government is probably going to step in within days to do something. it won't be a wholesale bailout likely bankruptcy proceedings, a restructuring that would see the company broken apart and also negotiations to make sure that the average people who have put money into pre sold homes don't end up losing everything. only if there's some sort of wider reckoning in the property sector or in china's economy might we see the government do more to stop the pa...