you know, the china. i've also been encouraged by recent wars that the united states has been involved in, in the sense that, okay, the united states, her fear ethically believes that taiwan is part of china. but china is also viewing what has been happening over the past 20 years. the u. s. defeat in afghanistan. notably, and of course, the nato was in syria, afghanistan, them iraq, libya, and realized they better get a move on because the united states is expanding its reach 400 military bases around at china. and that so that's what's concerning them, not the semi mystical idea of an anniversary numer logically and the importance of reuniting china. well my, the neurology is not a mess. it's something that they clearly state over and over again. they're going to have a grand ceremony on october 2049 to celebrate the rejuvenation, the great rejuvenation. and they used to use the word restoration as well. and that means are going to have to restore what they believe is their territory. and as you describ

but this all fits a pattern without the united states covers china, no matter what china does. china is condemned when kobe 0 coded policies were put in effect, they were described as brutally authoritarian. and then when those coded policies were lifted, we heard that this was a sign that president, she's in pain, was week guy. and this was, that was a sign. and he was giving in and didn't have authority and power that no matter what the u. s. media and the u. s. politicians look for any excuse to condemn china and can damage policies and portrayed in a negative light. and this latest statement, this latest flip of the script, if you want to call it, that is just a really blatant example of how hypocritical and nonsensical us narratives are the usa does not like a particular government, no matter what they do, they find a way to spin it in a negative way, a former english football attorney, tv commentator to the airwaves at the world cup final to voice his anger with the treatment of britain's workers back home. we've got a current government in our country with demonizing rail wort

of china. so what are china's interests in the region? well, china is not going to become a peacemaker in the middle east. china is not seeking to be paid the united states in to play a role as the anchor for stability and peace in the region. but china, east seeking support from countries which are not part of the west and democracies to support china's positioned globally. and in terms of international organizations, including as, for example, e. m, e, human race, cancel at the united nations. you know, the u. s. offered the region was always a security exchange for oil. what is china offering the region? well, china will be offering to reach and shall the rate be friendship without imposing condition knowledge piece. china is unlike the name of the stage, not going to insist that relationship with china. we will, we choir saudi arabia or other countries in the regions to match in terms or other standards on human rights or in terms of what countries they can conduct relationship with, or wha

you know, i remember, you know, when i first started interested in china and reporting on china was around when china was entering the wto in 2001. and bill clinton, you know, had delivered this famous line when he was trying to argue for china's inclusion in the wto, which was, you know, he said, you know, if china joins the wto, the internet will know will start spreading there. and, you know, and and, you know, trying to control the internet is like trying to nail jell-o to the wall. right. and so, of course, the communist party will never be able to do that. and eventually, you know, ideas about democracy and freedom and the rule values will spread through china. right. and i think a lot of people believe that. i certainly believe that, you know, and i think and i think china was sort of believed it as well. i mean, i think a really afraid of the internet. they obviously censored it pretty heavily. but i think there was a kind of there was a turning point in china probably around sort of 12, 11, 2012 with the when when social media really started to spread in china quite widely. and i

according to the un charter, recall, the china mainland china, the people's republic of china, was not even a member of the united nations until 1971. and was really something of an outcast and isolated a by the international community. and instead, the government on taiwan, the national government on taiwan, was considered the legitimate government of china had a seat in the united nations was played a very, very major role in the post world war to construction of the international community, et cetera. and you know, with that kind of support, i think yes, the communist leadership in china at the time in the fifty's and sixty's did believe that, you know, taiwan may have been used as an instrument against it less. so i think today, although that may be changing, of course, there is now no official diplomatic relationship between the united states and taiwan. the united states has been relatively clear and consistent in it's messaging about taiwan status, that it does not support a time on independence. its principal interest is that the differences across the taiwan strait be settled

so just what is it like, as a journalist in china, the people that you speak to for the bbc�*s china service, you know, can you just turn up at, i don't know, the scene of a crime or a court case or whatever it might be and start reporting? if you don't mind being arrested eventually, like, yes, but in reality it's becoming next to impossible. and the only way is through almost clandestine private contacts and maybe meeting up in, you know, places and trying to protect the identity of your interviewees. and rather thanjust openly doing interviews. and that's the case, whether you're a domestic or an international domestic? if you'rejust doing pro—government reporting, of course you have all the green light to do anything. do you see things getting better any time soon for china? for reporting, it's unlikely because if anybody cared to read the 20th party congress report, you can see national security is mentioned, i think, no less than 50 times and the economy is no longer the priority. if you really read the report, it's not not important, but it's not the priority any more. it's

we stucco big cases reaction highs in china. -- we saw covid cases reaching highs in china. what we have heard is that there is such a high basis comparison from last year one come potty prices worldwide were soaring. -- commodity prices worldwide were soaring. haslinda: presumably more support is coming from the government. >> that is certainly what we are seeing this week. we saw the bureau on wednesday talking about how they needed to focus on growth in 2023. we saw premier of the echo that yesterday. the governor needs to start hitting targets potentially around 5% next year. certainly things have shifted in china right now towards economic growth next year. rishaad: turning to factory numbers there in the u.s.. it gives us what we were expecting. >> basically, if you are an optimist, hey, maybe this is another sign inflation has peaked and is cooling down. when you look at the forecast, that would seem to be acceptable on the face of it. the ppi year-over-year is expected to come down to 7.2%. it is the big yellow line along the top. no surprise there. the core ppi is t

or india, it's china. in december of 2022. 12 days ago the country took a step back from years of extremely strict coven 19 measures to day, much of china's health care system, that breaking points. experts predict that 10 percent of the world's population could be infected within the next 90 days, and that millions could die. i'm nicolle, roshan, berlin, and this is the day ah, the food of case to china started long before any easing of the 0. call it pretty much paying off a pen. sure. every proceed with the disease was spreading intensively because i believe the control measures in themselves were not stopping to the things in my mind. there's no other option. you have to love this virus and certainly you have to build up some, some, you know, natural immunity. in other words, v to health system to war. treaty people rather than isolated also coming up the 36 year weight is finally over as argentina when the world's come in the most controversial edition of the tournament. history by law got back to fan

this for china's coded nightmare is really quite overblown. now clearly there are more people dying without a doubt. and i think um they are people that are most vulnerable, either the elderly with existing conditions. and clearly i think the government is doing what it can are to minimize that. but every policy has its cost. ah, both are intended and unintended as well. so i don't dispute that there are more deaths. i do question that sir, is it as extreme i, as we're seeing in a lot of the western press, if i'm, i'm very, very scar and as a quick enough, irrespective of what is the debate, the different narrative, as far as what is happening in china is concerned, but when you look at the statistics themselves, if you have 60 percent of the population, a population of a 1400000000 people to contract coven 19. no matter what resources you have, your hospitals will definitely one day will be overwhelmed. drugs will be out of stock and you are really have to grapple with how to move forward. how do you see china navigating through this complex

, which even if people disagree with his handling of china he redirected the debate on china, he simply was not where the american people were in his handling of the pandemic. talk about that. >> guest: sure. and remember that this is, "taking back trump's america" is volume two in the memoirs. the first book in trump time is a detailed analysis of the pandemic and the politics of that. in fact, in trump time starts in the east wing with the communist chinese coming to sign the so-called skinny deal in januar. i'm sitting in the audience in a cold sweat fully aware that there are possibly bad things going on in wuhan with the virus. and i was probably the only person in that room with that concern, but i had written, jamaican earlier 2006 the coming china worse book. in about a actual predicted that communist china would cause a local pandemic that would kill millions. so my antenna were up, and from that january 2020 there was a famous meeting, and it is famous. it's historical of me in the situation room on january 28, 2020. the president had sentad me thee to bring the task force ove

an opportunity for all for china, china is talking about are the space as a common community. and china has always said it's open for all kinds of co operations, not only with russia, but with a range of other countries, including, i think, with middle east and other countries, and talking about the moon pro. it's a long term strategy for china. and it's aiming to butte international ah, science research base, i think by the year 2030 and that is the project. the china has always said that that's not for its own before the benefit of the entire humanity in this again, open joe, i'm met. yep. had delivered a letter from clinton and trying to has said that chairman of that russia united potty russia party has also about more cooperation of the 2 parties and the 2 nations, especially in areas in trade, energy and agriculture, and promote that partnership. as we talk about that and the full name of that partnership is china. russia, comprehensive strategic partnership of coordination for a new iraq new era to next level. it was speaking earlier to andrew lung and international chi

and china. yes. which even if people disagree with his handling of china, he redirected the debate on china. he simply was not where the american people were in his handling of the pandemic. i talk about that. sure. and remember that this is by taking back trump's america, his volume, too, and the memoirs, the first book in trump time is, a detailed analysis of the pandemic and the politics of that. in fact, in trump time starts in the east wing with the communist chinese coming to sign the so-called skinny deal in january of 2020. i'm sitting in the audience in a cold sweat, fully aware that they're possibly bad things going on in wuhan with a virus. and i was probably the only person in that room with that concern. but i had written you mentioned earlier, the 26 coming china wars book. in that book, i predicted that communist china would cause a global pandemic that would kill millions. so my antenna were up and from that january 20, 20, there was a famous meeting and it's it is famous. it's his si

and many people died in china, they would be accusing china doing nothing, protect his people. the fact is that china is trying to protect his people as best he can and using measures which were effective and are effective. they're trying to undermine the chinese government as they are trying to undermine the russian government by supporting any, any small protests which they can den, drive into something bigger. to try and influence people in china against the government and try and support with the domestic population. the anti chinese policies there are adopting. i didn't see the chinese government complaining about what the canadian government did to the process to them, or since. so as, as i say, any, any chance they have the canadian americans, the british, and all the rest of nato. any pretext they can use to bash china, they're going to use it and we can expect more of the same. her policy is just staggering. the is china threat to american expansion in the asia pacific? and if so, why shouldn't asian have an issue with a larger u. s. military presence in their backyard

she looked at me, and she said, "if you make china the enemy, china will be the enemy. stephen: on the same day, china's powerful foreign ministry echoed key grievances in answer to a question about the trade dispute. rory: many of these points go to the independent policy choices of the australian government in a democratic system, including choices to do with legislation, with the funding of think tanks, with the freedom of the australian media, with diplomatic positions australia takes in the international system. so, it's simply untenable for any australian government to concede on those points. and i fear that, in a way, the chinese government has painted itself into a corner. stephen: in the same month that china effectively banned australian barley, another rural export was hit. female: four australian abattoirs have been banned from selling red meat into china. one of the meatworks is in casino in northern nsw, while three are based in queensland. patrick hutchinson: when we found out it was all hands to the pump exceptionally quickly. i certainly was on the pho

so, so so's china decision made by china. so this is the 2 countries decided they want to have a study exchange and nobody really kind of in and of all this is in the national community that everybody has a park in. it is not a kind of a wants to listen to the united states on this. yes. a, he's a hedge mom, but to some extent the subject line war and number one and number 2 as in this is also good for the regional stability in terms of economic development and political stability loss goes and, and, and i think that he's now a kind of a action that or under my people's interest for the self interest is, will actually be good for everyone and ask for, you know, the red lines and some for so forth. first, i think that if you, you one have a red line won't prevent us to not across it. you have to define what a red line really is. the problem is that on other issues, united states is a play the game most strategic ambiguity. so that inhibitor, that maximum is of flexibility and minimize the so called commitment fire. if you play

what china does. china is condemned when kobe 0 coded policies were put in the fact they were described as brutally authoritarian. and then when those coded policies were lifted, we heard that this was a sign that president, she's in pain, was weak guy. and that this was, that was a sign. and he was giving in and didn't have authority and power that no matter what the u. s. media and the u. s. politicians look for any excuse to condemn china and can damage policies and portrayed in a negative light. and this latest statement, this latest flip of the script, if you want to call it, that is just a really blatant example of how hypocritical and nonsensical us narratives are the usa does not like a particular government, no matter what they do. they find a way to spin it in a negative way. it's been discovered the new head of peruse, national intelligence agency reportedly has links to a previous authoritarian regime in the south american country, including a convicted death squad organizer. the security chief had said mass protests, which of grip the nation are essentially a terrorist insu

and on the china, russia relations. she had said that in the past 10 years, china, russia relations have was due to changes in the world and have always developed in a healthy and stable manner. she said that china, russia comprehensive, strategic partnership of coordination were a new era is a long term strategic choice make by both sides based on their own respective conditions. and he said that china is, were willing to work with russia to deepen relations, enjoying the promot global governance in the more just and reasonable directions and on the crisis in ukraine. she had said, as always, that china continue to hold an objective and fair sense. and promote peace talks. he hopes that relevant parties could be reasonable, restrained, and have comprehensive dialogues and resolve security issues. through piece talks, latham wall, vice chairman of the sy high sense of international studies as the russian chinese releases. can me explain why the father, both states share a common vision for the world order? or where i th

issue with china. first, if you look at the administration of hu jintao, you realize that a lot of the policies were concerned about today the epic military buildup where china has churning out ammunition warships at a rate we haven't seen for many countries since world war two. a lot of the domestic repression, the kind of laying the foundation for what we're seen as some people called digital authoritarianism, the sort of orwellian system that uses artificial intelligence and hundreds of millions of cameras as well as more expansionist policies is economically. so the precursor to what we now call the belt and road initiative, where china has lent out more than $1,000,000,000,000, mostly to poor countries to build infrastructure and drum up demand for china's exports. that drum up demand for china's exports. that begins the last two years of the 2,008 financial crisis because that really jeopardize china's rise. china had been selling to open markets in the united states, europe and japan and when yo

and china. this recent complained to the world trade organization from china's ministry of commerce comes after the us actually put export controls on chinese semi conductors back in october. now these export controls are aimed at preventing china from getting semiconductors anywhere in the world where they're potentially produced using american tools. so naturally, beijing said that this is an example of trade protectionism and they said that the u. s. is abusing export control measures. let's take a listen. in recent years, the united states as continuously generalize the concept of national security abused export control measures hindered normal international trade and chips and other products threaten the stability of the global industrial chain undermine the international economic and trade order violated international economic and trade rules violated basic economic laws and home, the interests of peaceful global development. it is a typical trade protectionist approach. interestingly enou

her china. i know it's had some kind of exercise after nancy pelosi visit to taiwan, which was contrary to actual u. s. foreign policy. in terms of recognition of taiwan as part of china jain, i just thought, well, we'll fire a few guns as a some sort of practice this wile 400 military u. s. base. it's in circle china, just on this trip, and they're talking about the petro, you $1.00 and pricing oil in not in dollars. the atlantic council, others, us trying to say, look, this isn't too big a deal. other countries have done it. of course, when other countries from the global south want to price oil in currencies other than the dollar more than often not to their leaders have been assassinated. what do you think of the dangers for china and for saudi arabia? for talking openly about pricing oil in currencies other than the dollar lead to use that to you is your suggest not to watch a cell number was a town, is your palace a visit to pile our white china as long as you are in a large military opera

but this all fits a pattern with how the united states covers china, no matter what china does. china is condemned when kobe 0 coded policies were put in effect, they were described as brutally authoritarian. and then when those coded policies were lifted, we heard that this was a sign that president, she's in pain, was week guy. and that this was, that was a sign and he was giving in and didn't have authority and power that no matter what the us media and the u. s. politicians look for any excuse to condemn china and condemn its policies and portrayed in a negative light. and this latest statement, this latest flip the script, if you want to call it, that is just a really blatant example of how we hypocritical and nonsensical us narratives. are the usa does not like a particular government, no matter what they do, they find a way to spin it in a negative way. peru, her name does its national intelligence, chief figure accused of committing crimes against humanity while serving in the previous administration. the new security head has said, current must protest which of grip the natio

and china, he say, said the part he leads everything everywhere in china and beyond china, which is concerned. so he has to get the con economy right. he has to get his foreign policy, right. he has to get the social policy right. if he doesn't do so, big mistakes can be very, can be made. and they will have consequences for the people of china and also for the rest of the world. and you don't need to look beyond neighboring taiwan to understand what that means. she jumping has vowed re unification with the self governing island and has refused to exclude the use of force. its promptitude one's longstanding weapon supplier and ally, the united states to issue repeated assurances of support to taipei. that was the intention of a visit to the island in august by them. house beacons for lucy, the visit didn't go down well with china, which launched its largest ever military drills around the island in response. but tensions with china out of daily reality for the people of taiwan. nowhere is that more apparent than on the taiwanese cayman islands. just of the east coast of china . the fairies fr

china's softening covid a stans lifting sentiment. the pandemic is entering a new stage, according to health officials. india's growth slowing. we get the numbers with the chief economist. haslinda: you get a sense that christmas has come early. asia extending gains after the sharp rally we saw overnight in the u.s.. that is on the back of traders being optimistic after powell suggested it would be a smaller rate hike come december. the csi 300 index up 1.3%, rising 2% earlier. both china and hong kong adding $1.7 trillion of market value in november alonew. hat fantastic -- alone. what a fantastic rally they have seen. the mighty dollar easing, lifting asian currency. the yen rose 1%. the rupiah up .6%. we are keeping a track on the thai baht, after a raise rates by 25 basis points for a third time in a row. in commodities space, it's green across the board. aluminum up by 1.3%. optimism about the man coming back. also in the barn market, a huge rally -- bond market, huge rally. we have seen it and flow of more than $2 trillion. rish

is it now failing in china as well? the if i'm not mistaken, the bertelsmann foundation a few years back, calculate that, that out. the, the mocked democratic trade to trade from democratic countries of non democracies. amounts of 15 percent of the g d p. so meaning like that, of course, germany kind a street that's a lie, a different different ball game. but like saying there is a way to just like minimize that sort of traitor is already more going on between democracies because the rule of law and the security of investments is uphill. every now see with russia and also see with china, you can easily say if your whole system runs on cheap gas from one dictatorship and like trade with another one that's not sustainable, you will be paying the price later on. but we now do with the, in regard to costs are much higher. so i feel like you have to rather like think of that with a longer strategy to realize that it's not a sustainable way of doing business. and clearly, at least germany is trying to diversify the way it's e

with china today. china's very aggressive are also the hats and very aggressive strategy with the belt and road initiative. there have another strategy which is called you will circulation, which doesn't, which means to get deep and independent in the inside get independent from western technology, but making other countries dependent on china. this is, i would call it economy war and i'm not sure if everyone here in germany or in the western countries have realized what that means. and i think it's not enough just to okay. yeah. be critical on china and see sometimes seeing something but doesn't have a clear strategy. how to deal with this very aggressive strategy, which is coming from china to get back to the people. urchin. we have seen some signs of relaxation of the covert measures looking into the future. do you think if the covert measures are relaxed? well we see everything get back to normal in china. i think getting back to normal will take a while because the government, they, they realized it and then we can see the recent development. one of the anecdote is like 2 or 3 day

her china. i know it's had some kind of exercise after nancy pelosi visit to taiwan, which was contrary to actual u. s. foreign policy. in terms of recognition of taiwan as part of gina. gina just thought, well, we'll fire a few guns as a some sort of practice. this while 400 military u. s. base is in circle china, just on this trip. um, they're talking about the petro, you $1.00 and pricing oil in not in dollars. the atlantic council, others are trying to say, look, this isn't too big a deal. other countries have done it, of course, when other countries from the global south want to price oil in currencies other than the dollar, more than often not to their leaders have been assassinated. what do you think of the dangers for china and for saudi arabia, or for talking openly about pricing oil in currencies other than the dollar lead to use that to use your suggestion. i don't watch a cell number was a town, is your palace a visit? anti white china launcher in a large military operations are exer

is going, and now we have very little mitigation, china is under—vaccinated, i think china is headed towards a couple of hundred million infections and likely millions of deaths and potentially economic fallout from this in 2023 next year. so with your professional hat on, why is china unravelling its zero—covid policy so quickly? could it have not done this at a more measured pace? i think they were trying to do it in a more measured pace. obviously the protests, i understand people are very tired of them, the protests accelerated the timeline. i think was eventually going to be a matter of when, not if, china released, because china was already planning to relax its international flight rules in october, way ahead of any of the protests had started. i think china was hoping to roll out its inhaled mucosal vaccine, the vaccine in which you inhale it from a cup. that is, i think, their linchpin but the rollout of these inhaled mucosal vaccines which are potentially one of the game changing vaccines that is way more effective than the muscular vaccines we have been having, it has be

have china had relaxed all its corbett measures, and many people died in china. they would be accusing china doing nothing, protect his people. the fact is that china is trying to protect his people as best he can and using measures which were effective and are effective and which were dropped in canada and the rest of the west in c auto process took place, which fruita was complaining about. since then, there's been no protection for the canadian people against corbett and the other virus is raging in his, in the north american continent. busy cases arising rapidly, but nothing's being done to protect people whatsoever. c so this is nothing about cobit, it's about. busy any pretext bash china on any level for whatever reason. this is jesse, how did this year know? we had the truck drivers protesting in the us, people protesting the e with low global crack down on them quickly. but when it comes to china, like you say, this is to be something different, is there a bigger play here? yes, this is, it's, they're trying to undermine the contemporary chinese governmen

labor costs have gone up in china. china is looking to move up the value chain. what this means is that a lot of -- that were manufactured and exported in china and exported to the u.s. now are still being made by china but perhaps the actual manufacturing is in southeast asia or mexico. this complicates the picture somewhat. it certainly makes this much more challenging for american policymakers that are looking to prosecute this quite aggressive series of attacks against china. whether that is technology or trade. this trend toward decoupling. i think there is a lot going on but the double-digit growth days are definitely past, for a number of reasons. another reason, the importance of environmental sustainability. quality growth is the priority now, not just growth for growth site. >> we have run out of time. we will have to leave the conversation there. thank you to our guests. thank you too for watching for you can see the program again any time by visiting our website . for further discussion, go to our facebook page. you can also join the conversation on t

so today china is moving a lot of the show, you call me focus to china. so west, the, which is traditionally more backward than the east coast developments because of the abundance of solar energy resources fair. so china is moving a lot of the high end, big data computing super centers to china as well. so to give them a sensually a, our engine for growth in the 21st century to show you columns. andy, a big picture here is china's economy ever going to get back to the days of near double digit growth or, or is trying to basically facing a new normal no, i don't think we'll see. the days have double digit growth again, just because economies go through development phases and just like an infant grows very, very rapidly. but when they hit childhood, adolescence, the rate of growth slows down. i want to go back to something that surely said about the world's dependence when china, i think certainly that as the economy evolves to train as economy applause, this mix is changing as well. so labor costs have gone up in china to find is looking to move up the va

china rivalry. last but not least we have meenakshi ahamed morning india and enjoyed a varied career working at the development consultant journalist, and a foreign correspondent for new delhi television base in london. she has written articles written in the asian wall street journal and washington post and cnn in the atlantic monthly and in her book "a matter of trust: india-u.s. relations from truman to trump" she draws on the presidential papers, really declassifiedre documents to my memoirs interviews to reveal the prejudices and securities and political imperatives that so often casting a shadow over this vital relationship with other turn it over to the panel. [applause] [applause] >> braided think you for the introduction and so when into good delivery of three books very different subject, i understood immediately that thesee authors united and untila bit divided but what they write about and one india and one in china one on russian okay so these countries part of that - india china south

that will work for china. also, if you pay attention to the needs in just the last week or so, even the most senior officials from the government have come out and said that we are now dealing with a different virus. so i think that explanation to the population that this strategy of -- the zero corporate strategy was effective for the old variant. but this new variant, omicron, required a change, i think people will listen to it, because people are also tired of being restricted and not being able to resume normal life. that is a big attraction for people. haidi: when it comes to vaccination targets that we are seeing, do you expect china to follow? would you recommend china follow the targets we have seen elsewhere? for example, we had a full reopening in other states in australia that were 90% vaccinated. dr. yip: yes, i would. we talk about china as if it is one big country and we talk about china as if it is one situation. that is where i want to caution. china is very big and the condition is very hetero

is worried that travelers from china will bring the variance of crone of virus. china reported 3 new cave in 1900 deaths on tuesday. ah. what you have there with me said robin indo reminder of all top stories. ukraine says russian full of shoulder maternity warden cache on an area key reclaimed. last month. the ukrainian military has resumed a counter offensive in the eastern regional hands. 2 of its major cities remained under russian control. charles transferred has more on the shelling of hospital in casual a spokesperson for president. zalinski said that a doctor had literally only just finished operating or giving us this area. and section 2, a pregnant mom when the shelling started. miraculously, so the spokesperson said, nobody was injured in that attack. russia says it'll by law exports to countries as that price caps on its energy products. the decree will come into effect in february, and last for 5 months. the european union, g 7 and australia agreed to cap the price of russian crude oil. earlier this month, the supreme court has ruled to keep pandemic era border restricti

it comes as china's covid cases surge. tighter measures have also been imposed by italy, japan, malaysia, taiwan and india. our diplomatic correspondent paul adams reports. from the world's most populous nation, alarming scenes — china's hospitals overwhelmed, covid infections soaring. the country's abrupt decision to dismantle much of its strict covid regime apparently yielding worrying results. wards full of desperately ill people. outside this hospital in chengdu, a queue for emergency services. government officials say the situation is under control. that's not what these pictures suggest. at this funeral home, one of the city's biggest, more evidence of the scale of the problem. one funeral procession after another — workers here say they're so busy they have no time to eat. and yet china is opening up — about to relax rules for inbound travellers and making it easier for chinese citizens to travel abroad. welcome news for travel companies after three bleak years. translation: since this - morning, we have had l

, or travelers from china. why? because as we all know, on china relaxed it's measures against a cove it. and so the numbers of co infections are skyrocketing in china, the by the administration cannot just sit there and look, they are they go, you have the measures in place right now, starting january, 5th image in japan and the us who else do we know any one else considering similar action at this point well, india has implemented some measures and i'm absolutely sure that some european or most european countries will actually follow suit when the united states, which is a very, very big travel market in the country. of course implements measures like this. there's probably others on following suit soon. the chinese have already reacted in said that they're hoping the u. s. and other countries who might come to the conclusion they need to do implement similar measures work together with the chinese. the problem for the u. s. was that the chinese and not really transparent with their data. this comes on top of

china says it is up to the u.s. to take steps towards resuming military talks suspended after nancy pelosi visited taiwan. at a briefing in beijing a spokesman said the u.s. cannot expect discussions to continue while constantly harming china's interest. tensions remain as washington supports taiwan military and basing -- and beijing has pledged to bring the island under its control. taiwan semiconductor production has trickled -- has triggered -- that ensures taiwan remains a center of technology -- exxonmobil is suing the eu over a windfall profits tax on oil companies. exxon argues the eu does not have legal authority to impose the tax. it is designed to raise billions to bring down consumer energy costs. exxon told investors windfall taxes could cost the company $2 billion through the end of next year. global news 24 hours a day -- global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am lisa mateo. this is bloomberg. â™

during this summit, china will most definitely be the elephant in the room. >> china has meant -- has made many inroads in africa. >> china is africa's largest to a trading partner. in 2021, that value of trade hit 224 billion dollars. and while u.s. president joe biden is concerned about china's growing footprint in africa. officials continue to insist that african masons -- african nations will not be forced to choose sides. >> the right to make these traces belong to africans -- choices belong to africans and africans alone. >> in elgin -- in johannesburg, al jazeera. >> data from beijing shows goods worth $254 billion were exchanged with african countries last year, four times the value of u.s. trade with the continent which amounted to $65 billion in 2021 according to the u.s. census bureau. china is by far the biggest investor in africa followed by the u.s., france, and czechia. let's bring in our guests now in london, onyekachi wambu, a columnist at the new african magazine. david shinn. and einar tangen, founder of asian narratives. let's start in washington dc where that summ

we start off with china. china is seeing an explosion of positive covid cases, just ten days after suddenly easing its strict lockdown measures, following a wave of protests — with the capital, beijing, being one of the worst affected areas. in china's largest city, shanghai, officials have ordered most of its schools to take classes online, as covid cases soar. our reporter, ijoema ndukwe, reports. cars bearing the dead line the driveway of this crematorium assigned for covid—19 deaths. it is among dozens of such facilities across the capital, beijing, struggling to meet a spike in demand days after china began to relax its pandemic protocols. workers and drivers at funeral homes have been calling in sick, as the disease spreads across the city, adding to a shortage of labour. the number of covid cases has not been confirmed, but according to an informal survey by chinese search engine baidu, 70% of beijing, a city of 22 million people, is infected. even the chinese authorities admit they don't know what

and china china fights and we are -- we don't want to be the subject of that kind of competition. we want to go into business with everybody. please deal with us honestly, and you are all welcome. >> what does africa need from the united states? >> we need them to be really engaged with africa. we are all smarting from the description of us as -- i'm sorry to used by your leader's your previous president, you know, shithole. we are not a shithole. we have decent people. i am very pleased, we need to -- the tone of joe biden is much more improved. so we need proper engagement. there are a number of issues, fareed. one thing, for example, the issue of transparency and corruption, which the west always lectures africa about. we need to fight corruption together. and then we need the united states to get involved really with what's going on. your government allocated i think $350 billion to save the future of the u.s. now going into decarbonized world and to protect the future of technology in the united states. now, most of the minerals needed for the green economy are in africa. who

has restriction on ertain things in china -- on certain things and china. china has been the most oversold market all year. what could dampen the flow is increased regulations from the u.s. authorities. that remains the biggest risk at this point. it's not so much the economic risk or even earnings growth. the biggest risk is the u.s. stance toward china impacting u.s. investment. >> have seen tremendous gains for chinese stocks. particularly in hong kong, the hang seng. how much more upside do you see there? >> if you look at how much the stocks have crashed, if you look at the property stocks, they are down 80% to 90% from their peak. even at this level, stocks like tencent, they could double and still not be back to the previous peak. i'm not saying the previous peak is the right level, but investors often anchored in previous highs. these stocks could easily double and still not be on those previous highs. to give you some numbers -- the msci china while it is up 30% the last month like you said, it's only trading at 10 times forward earnings, which is

her china has been protecting the public for so long, there's been no herd immunity in china. so this is going to start and this process is not going to be smooth. it will be quite difficult. stephen: with a sudden dismantling of restrictions, including mandatory pcr testing, china is bracing for a surgeon infections and deaths. more than 2 million for thales by one estimate. criticism of covid zero is rapidly being replaced by concern the rapid policy shift away from the all-out eradication of the virus is happening too fast and china is ill prepared, like hong kong was in march for a health crisis of unseen portions. -- unseen proportions. haidi: we can expect more volatility in chinese assets heading into 2020 three. annabelle is here with a closer look. so much uncertainty in terms of what we could see leading to sharp moves. annabelle: it's not just about the covid outlook. there's any sort of surprises we could get around the property sector come a regulators could make any sort of sharp moves and regulation. a lot of catalyst for market moves ahead and a bigger fluctuat

but the economy is say, china will rebound in 2023. they're expecting growth of 4.5 percent up from this years. 3 percent countries in latin america and in africa are in for a shock. most of the economies are major commodity exported and the global slowdown will result in weaker demand. the challenging market conditions come as the region is still grappling with the economic fall out from the pandemic and knock on effects of rushes. busy war in ukraine, economies expects rove in latin america to half from 3 percent this year, to 1.4 percent in 2023. africa, on the other hand, is likely to avoid a major economic downturn, despite extreme weather patterns. the threat of food insecurity caused by conflict, any heavy burden of debt. so the thing economies are expected to hold steady both north africa and sub saharan africa are forecast to go 3.2 percent next year. so what can we expect from 2023 lead spring in our panel of experts to give us some insight into the year ahead. joining us from seattle in washington in the us, alex capri resea

is it now failing in china as well? the if i'm not mistaken, that bertelsmann foundation of us back calculate that, that out the, to mock democratic trade to trade from democratic countries of non democracies, amounts of 15 percent of their g d p. so meaning like that, of course, germany kind the street, that's a lie, a different different ball game. but like saying there is a way to just like minimize that sort of trade. there is already more going on between democracies because the rule of law and the security of investments is upheld every now see with russia and also see with china, you can easily say if your whole system runs on cheap gas from one dictatorship and like a trade with another one that's not sustainable, you will be paying the price later on. but we now do with the in regard to cost so much. so i feel like you have to rather like think of that with a longer strategy to realize that it's not a sustainable way of doing business. and clearly at least germany is trying to diversify the way it's economy wor

and it's a big group in china. so how did you facilitate the change is actually is the people to people exchange that a brought by the business? so i think that's why it's quite important for germany to keep this going on. not only there's a certain dependency from german economy to china, took a jobs and so on. but it is, it also create awareness. we would really undervalue this people to people exchange and how they can change through daily activities. like to see what a freedom actually looks like. so and, and when we talk about why you are saying that you feel like this crocodile protests are not as hard as people expected. i think sometimes the government is the time to think that how they want to react. that's why they're taking their time . and but as we've also, i commented on because of this, ty, somehow with, with the outside world was. so chad is not isolated also as a group of people is not isolated, i think is quite important to keep adding marrying the future that these group of people shouldn't be fo

in fact, it, within 3 months, you talk about judging china to china as actions. do you see any plan here for how beijing intends to tackle these latest outbreaks? yeah, this is, that's the policy and political side. that's hard to say because they resisted a long time releasing mitigation, and now that they finally released it. if the reverse course also shows that they're making their meeting a mistake, but the same time not reverse. and of course, they know what comes like trying to know, even if they don't say, like, just by the sheer concern they're doing, we're ramping up stock or trying to also, you know, have more hospital beds and building more fever clinics. and also cheap up in the, in the all, just word that the worst yet to come. they know what i mean, but the issue is will they have the, you know, the humbleness to admit that they need to reverse course. the reopening wasn't like a west or reopen, like a swedish approach. reopening, like halfway between that old chinese 0 versus western. but i want to emphasize that 0 cobit is not equal to lock them

s. taiwan and china? well one byte is pretty happy about am made in the usa. china is very unhappy about the move blame in the u. s. for concoct in that ship war and claiming that he has. and he is forced to cooperate saying that t s m c will soon lose is autonomy and become u. s. m c. and they also say that it will drive the brain drain of the entire technology industry in taiwan and finally hindered high one in its core competitiveness. shavers is that if setting up a t s m. c factory in the u. s. miss further decoupling from melon, china taiwan semiconductor industry would eventually be hallowed out. so we can only expect us china, taiwan relations to be more and more complex and complex will go on in the future. g, w correspondence, so sorry, haven't i paid so thank you. farmers can be at the forefront of bio gas development and earn a good living from it. at least that's how it is and denmark, the journey from manure to bio gas to fertilizer could free the country of its dependence on energy imports

so today china is moving a lot of the show you, me focus to china. so west the, which is traditionally more backward than the east coast development because of the abandon solar energy resources there. so china is moving a lot of the high end, big data computing, super centers to china as well. so to give them socially a, our engine for growth in the 21st century to show you columns. andy, a big picture here is china's economy ever going to get back to the days of near double digit growth or, or is trying to basically facing a new normal no, i don't think we'll see the days of double digit growth again, just because economies go through development phases and just like an infant grows very, very rapidly. but when they hit childhood, adolescence, the rate of growth slows down. i want to go back to something that surely said about the world's dependence when china, i think certainly that as the economy evolves to train as economy applause, this mix is changing as well. so labor costs have gone up in china. ah fine is looking to move up the value chain

to china. they've seen what the united states has done in the past. a couple weeks ago, the united states department of justice conducted an investigation and the fbi ended up arrested a number of people in the united states who were trying to do just that. so i'm sure diplomatally the united states has messaged the chinese. don't get involved. the price you pay will be really, really high. >> this was telling that putin was laying the praise on thick. staying relations between russia and china are, quote, the best in history, and would stand all tests. is that true? or is that propaganda here? >> well, the first test is, is it coming from vladimir putin's mouth? if it is, it is probably not true. so yeah, no doubt there will be a big propaganda love fest between beijing and moscow. and they'll make public all these wonderful things, these joint expressions of support. the problem for china is that philosophically, they're in agreement with russia them don't line democracies, they don't like be