Robert Hormats on Globalization, U.S. Budget Woes

Feb. 15 (Bloomberg) -- Robert Hormats, U.S. undersecretary of state for economic growth, talks about global trade markets and the outlook for the U.S. economy. Hormats, speaking with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance," also discusses corporate financing and U.S. budget concerns. (Source: Bloomberg)

How Big of a Problem Are China's Non-Performing Loans?
37:05 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)
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