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CNN Radio News Day: June 4, 2013
Several hundred of 200,000 pro-democracy student protesters face to face with policemen outside the Great Hall of the People in Tiananmen Square 22 April 1989 in Beijing. The April-June 1989 movement was crushed by Chinese troops in June when army tanks rolled into Tiananmen Square 04 June.
June 4th, 2013
05:12 PM ET

CNN Radio News Day: June 4, 2013

CNN Radio News Day is an evening news program providing an informative, thoughtful and creative look at the day's events. It's posted Monday through Friday at 4:30 pm ET.

You don’t have to be at this blog to listen, we want you to take us with you! Click the download button in the SoundCloud player and put us on your smart phone or tablet and bring us with you in the car, on the train or while you’re working out.

(CNN) – Welcome to CNN Radio News Day. Here are some of the stories we're covering in today's show:

  • Clouds hanging over the IRS the past few weeks seemed to take new shapes and a much more emotional tone today. Tea Party groups and others targeted by the tax agency testified before Congress for the first time. This on the same day that a new report detailed a separate problem at the IRS – rampant spending on conferences. Grassroots activists like Becky Gerritson spoke of the very reasons why conservatives and tea party members fear government power:

"I was asked to hand-over my donor list, including the amounts that they gave and the dates in which they gave them." FULL POST

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Filed under: News Day • Soundwaves
China's buying spree
Shuanghui is China's largest meat-processing company and it's trying to purchase US pork producer Smithfield Foods.
June 4th, 2013
04:32 PM ET

China's buying spree

By Barbara Hall, CNN

Editor's Note: Listen to the full story in our player above, and join the conversation in our comments section below.

(CNN) – For the past several years China has been on a spending spree. Chinese companies are working with their government to acquire assets all over the world. Things like technology companies, banks, ports and real estate.

But last week's announcement that a Chinese meat producer had agreed to buy Virginia-based Smithfield Foods raised more than a few eyebrows. That's because Smithfield is the world's largest processor of pork, selling ham, hot dogs and bacon under popular brand names like Armor and Farmland.

University of California-Irvine economist Peter Navarro worries that deals like this one help China gain too much control over the American economy:

[1:31] “We're getting deeper and deeper into debt with a country that doesn't have our best interests at heart. This is not Canada. This is not Great Britain. It's a country which is growing the biggest military in the world to challenge us .” FULL POST

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