— This is the script of CNBC's news report for China's CCTV on June 24, Wednesday.
[JEREMIE WATERMAN, US Chamber of Commerce，Executive Director for China] "I think this is a very complex relationship, I think that we see still, our member see China as a significant opportunity but there are growing challenges. And the opportunity to move this forward by bilateral investment treaties as I mentioned, holds enormous promises, high-standard investment treaty, but again, we need to understand more where does China want to head. Obviously, our members, our financial services firms in banding, insurance securities hope that they'll be able to participate in the market as those reforms unfold, benefit, and also support China's goals.]
[DAVID LOEVINGER, Emerging Markets Group, Managing Director] "We should be looking very closely at what both sides say on the SDR. My expectation is you are gonna get words support from US, and you are gonna get an agreement that China needs to do more to meet the IMF's eligibility requirements. The implication for investors is this decision is gonna get kicked in the 2016, which means that the RMB is gonna be stable for longer, and it means that there's gonna be more reforms on the way in opening of changes of capital account and liberalizing its financial system."
nats: so this lady, she's homeless
dissolve to closeup of the painting??
DAVID ASKEW USED TO BE HOMELESS, TOO AFTER SERVING TIME FOR ARMED ROBBERY.
the was the worst moment? pretty much all of it.
NOW HE'S AN ARTIST.
nats: can i ask what the secret ingredient is? love
GREG WILLIAMS WAS ALSO HOMELESS AFTER DECADES IN AND OUT OF PRISON FOR DRUGS.
NOW HE OWNS HIS OWN PIE BUSINESS.
sot: (CHYRON: GREG WILLIAMS, QUEENIE'S PIES) it was a dream, and the dream came true.
THEN THERE'S THE JOHNSON FAMILY.
sot: these are my business partners
SAM JOHNSON AND HER CHILDREN FLED AN ABUSIVE HOME AND LIVED IN THEIR CAR.
NOW THEY, TOO, OWN THEIR OWN BUSINESS - BUY ONE LUNCH BAG AND THEY'LL SEND ONE TO A KID IN A HOMELESS SHELTER...
REMEMBERING THE TEASING THEY GOT CARRYING SHELTER LUNCHES IN CLEAR BAGS.
SOT: (CHYRON: ADAM JOHNSON, SQUISHYFISH.NET) kids are very mean sometimes. We don't want kids to feel the same way we felt when we were homeoness. they won't have to be bullied and teased aboug carrying their ziplocks with their lunch in it from the shelters.
do we have any pepperdine file? show the website and then maybe beautiful malibu shots and ocean...
ALL THREE HAVE BEEN HELPED BY A MICROENTERPRISE PROGRAM AT PEPPERDINE UNIVERSITY IN MALIBU, A WORLD AWAY FROM LA'S SKID ROW. THE PROGRAM MENTORS THE DISADVANTAGED LOCALS WHO HAVE A BUSINESS IDEA AND WANT TO DEVELOP A BUSINESS PLAN.
kids help take pictures of products?
THE SCHOOL THEN HELPS CONNECT THEM WITH INVESTORS.
sot: (CHYRON: SAM JOHNSON, SQUISHYFISH.NET) I was determined to succeed again and to pass that on to my kids.
montage of paintings, greg and me eating pie, the squishyfish products
PEPPERDINE SAYS ABOUT 100 PEOPLE HAVE GONE THROUGH THE PROGRAM, AND THERE'S A 20 PERCENT SUCCESS RATE. AND WHILE THERE'S NO GUARANTEE OF SUCCESS HERE, THEY'VE COME FARTHER THAN THEY EVER EXPECTED.
SOT: (CHYRON: DAVID ASKEW, ARTIST) what's the most important thing you've learned working with pepperdine in terms of becoming successful? to never give up. to take the hard times with the good times, and keep going.
JANE WELLS, CNBC BUSINESS NEWS, LOS ANGELES.