The United States has realised it cannot keep trying to police the whole world, argues Victor Gao, the vice president of the Center for China and Globalization in Beijing. Gao tells host Steve Clemons that improved China-US relations are inevitable although he warns that some American policymakers still view China as the number one threat and Chinese officials never underestimate what American neofascists will cook up next.
After several record-setting days, markets are flat to down at the moment. Dow futures are down 139, as the S&P 500 fights to hold on to a single point. The NASDAQ is up about three points. All as investors digest the latest round of earnings. Plus, President Trump's meeting with Chinese President Xi Jinping seems to have gone well, with rare earth restrictions lifted.
As the presidents of China and the US meet in South Korea, Zongyuan Zoe Liu at the Council on Foreign Relations says China may offer concessions on its rare earth minerals. As the presidents of China and the US meet in South Korea, Zongyuan Zoe Liu at the Council on Foreign Relations says China may offer concessions on its rare earth minerals.
You don't need to be a rocket scientist to understand why NASA implemented this policy: In July, dual Chinese/American citizen Chenguang Gong admitted to a lengthy industrial espionage campaign that saw him download information on sensors used by aircraft to confuse infrared-seeking missiles, plus data on radiation-hardened cameras that the US placed in orbit to give an early warning of incoming rockets and hypersonic vehicles. China has also recruited spies at the US Navy.
