the trump position on china. it's less bombastic, it doesn't exaggerate in quite the same way the trump did. but basically, i think we were seeing a consent show shift in american politics towards a new, ah, a new antagonism towards china. i don't think we're in a new cold warrior, but it certainly go aspects of that. and as michael said earlier on, you know, the danger of this kind of situation is that the, the, the, the more extreme a different situation subject can suggest more extreme views, extreme conflicts and you get this slippage. and i think we witnessed this in a number of ways, so far slippage towards a greater antagonism between the 2 countries. i mean, i think we set, you know, up, i'm afraid to say this, but i think this is going to go on for a long time. and, and in fact, in some ways, one of the interesting things about the state, of course, is not new. but one of the interesting statement is the america is, is sort of preparing itself for the long hold in relationship to this appendix. for examp

and others might point to hong kong and that china failed to uphold the terms of its i return to china d the governments in britain and then many other examples the race concerns mom western policymakers in particular about negotiated agreements with beijing so you say to those concerns. >> ultimately, the respect what you do and not what you say and responded to it, we should be deeply conscious of what we do and frankly, make sure that will be say is reflected in which we do pretty and furthermore i would say the chinese deeply respectful of the strength that institutionally and culturally contempt to as a witness in both domestically and internationally we look at the history of the communist party from 21 - 49 and so this is deep strategic real estate in the execution of a marxist rubber revolution and a trait when in deep trouble and went to fight for example in 45 with defeat of the japanese based on the military possibilities at the time and the united states argument is in order to sustain american national interest that as we discussed before, this level of absolute clarity of

and every time friend of mine is, you know, we, we respect china on the 6th just against china. we were really, we were a big by one china policy, but every time that's why he's on to other people. he sounds different. so, so that's really, you know, made china kind of difficult to understand. but also i think that your great thing is really serviceable by to the people of all the hello. well, the nato, us, ross, you because you see why one, sorry, d and terms are in term. it is why that's really good because national condemnation and criticism, i mean highways recognized by 16070 countries of china. that's the conditional is done. the diplomatic ties was done is paulo john. so john national sovereignty and territories that we should use that same as you claim. so i think china, you know, a hold of principal. ringback us to the hold on because we're not against you praying for those, those really by not i was the tree she recycle already and sounds are in jeopardy of china, which i think, you know, yours is not really doing well on that really cause a lot of asset, those look go

we don't seek to block china from its role as a major power, nor to stop china or any other country for that matter, from growing their economy or advancing the interests of their people. but we will defend and strengthen the international law agreements, principles, institutions that maintain peace and security, protect the rights of individuals and sovereign nations, and make it possible for all kinds, including the united states and china, to co exist and cooperate. china is the only country with both the intent to reshape the international water. and increasingly, the economic, diplomatic, military, and technological power to do it. visions vision would move us away from the universal values that have sustained so much of the world's progress over the past 75 years. china's foreign ministry denounced lincoln's remarks as typical disinformation denigrating beijing. would you rather her, would you, the international order and international rules have clear definitions? china proposes that all country should uphold the un centered international system of safeguard the international ord

u chamber of commerce in china. more than a quarter of the 370 firms participating in the survey said they're thinking about pausing investments, or moving them to other markets. the federal reserve in the united states has raised its benchmark interest rate by half a percentage point. the biggest hike in 2 decades is meant to battle inflation just currently running at a 40 year high. that's it for me and the dw business team. you can find out more about these and other business stories online. check us out a d, w dot com slash business. we're also on youtube under the d. w. news channel. i'm stephen, beards in berlin likes watching. ah, [000:00:00;00] with ah, the shoes to the, to a new spotlight. go don't to worry about family members to ukraine. you know, to, to sign into sports like they can forget about the war and least for a few focus in 2 minutes on d. w. story. now, with the spooky intimidation and transform into an orgy of hate and violence in the history of the ku klux klan, the oldest terrorist organizat

in china. as the global food crisis threaten peoples worldwide, we look to china to help with the global response. last week at the united nations, the united states convened a meeting with foreign minister's to strengthen global food security. we extended the invitation to china to join and we will continue to do so. as the world's economy recovers from the devastation of the pandemic, global macroeconomic coordination between china is key between the g20, imf, and bilaterally. that comes with the territory of being the world's two largest economies. in short, we will engage construction over china wherever he can. not as a favor to us or anyone else, and never in exchange of walking away from our principles, but working together to celebrate challenges is what the world expects. and because it's directly in our interest. no country should withhold process on existential transnational issues because of bilateral differences. the scale and the scope of the challenge posed by the people's republ

so i think people are still going to be in china, but i think i think that thinking about china has changed even in germany where it, which is always, which is very, very involved, heavily invested in china, is also now looking at things like we saw volkswagen recently is looking at quite closely at the united states america. that's right. no. so people are thinking, it's less is less of a sort of a, a focus on china that there was. so ultimately it, they will, the economy will come back, but maybe in a different way. all right, my colleague did businesses, clifford coon and thank you very much. and we go now to some of the other global business stories making headlines. we prices continue to rise after india impose to ban on exports, the world's 2nd largest weak producer after china had filled a gap in markets, left by falling output from ukraine, but halted exports after domestic inflation surged to its highest level in 8 years . on the back of rising food prices and rising prices have germans on edge. according to new survey, high inflation is the main worry for consumers even topping th

excluding china. china we think joins at the end of this year, sometime around october, november. the region excluding china will see that improvement in domestic demand and that will be an offset. we are expecting growth in the region to before .9% this year, next year china will have the base effect. the region will have numbers closer to 5% in the next two quarters. rishaad: what do you make of where india is going? we have we exports being banned -- wheat exports being banned, with record temperature, they will be lucky to have week. chetan: i think it goes back to the issue of domestic inflation, the extent to which inflation has been high. there is also demand-side pressure picking up because the economy is reopening. when you look at the number i was mentioning earlier, how broad-based pressure is, 60% of the items in cpi in india is the upper band of the policy target. there are some broad-based pressures picking up and india, and the central bank may sue try and normalize to ensure that even if you don't have big pressure today, you do not let it get out of hand in the co

china section owing's -- china sanctions will make the situation worse. the imf says it has made progress in analyzing sri lanka's economic situation and identifying policy priorities. it is cautioning they need assurances that that sustainability will be restored. the fund also welcomed the sri lankan appointment of advisors. sri lanka wants a bailout program in place by mid june. the pakistani government is raising local fuel prices to meet a key condition set by the imf for reviewing its bailout program. that decision was made after a week of talks without any agreement. pakistan needs a $3 billion loan to keep its economy afloat and avert a default. the fund had been pushing the country to remove energy subsidies. japan is set to end a ban on overseas tourists that was introduced two years ago as part of the virus control program. beginning june 10, foreign travelers will be able to enter the country. japan will double its cap on overseas arrivals to 20,000 people led a and about international flights to land inhokaido -- to land in hokaido. global ne

you have to believe that china is an uncaring country. that doesn't do anything for its people when it's a fact that one of the few nations razzed on something about poverty has provided upward mobility has provided resources, social services to its people. one of the greatest economic stories out there. so this beating the drum that somehow chinese people are repressed and unhappy. they might be under covered restrictions right now. but, you know, the fact is that, that's not true. and i think anyone who comes there i have been in syndrome last summer. i did not see people crying and being repressed. i made it a point of getting out and going off on my own so that i was not being monitored. so i could see the situation, i saw none of it, in fact, in cash or i couldn't find in a lease, although there are many more cameras or before i was there in 2015. and the hotel where i stayed was bombed about less than a week after i left. at that time there were armed guards, checkpoints, there were armored vehicles, people with machine guns. but no

questions i raised over china's deadliest disaster in decades. i mediated 4 claims the march crash of this china eastern plane might have been deliberate. it's based on assessments of u. s. officials attached to the investigation. could these claims be true? and 3 months off of the philippines re old, one from a long covert, locked down. all school kids debt has yet to return to classes. many are giving up on education altogether. ah, i'm british energy. welcome to the dublin news asia. glad you could join us. john as deadly as deviation, disaster and decades. good. have been deliberate or media report. so 10 years official says the march crush of china, eastern flight m u 5735. could have been caused by court, some one in the cockpit years. officials are helping unless the flights data recorder and cockpit voice recorder. the new assessment is based on information from the state up. a 132 people lost their lives. after the boeing 737800, plunged vertically into a mountain side in southern china. this video and verified but widely shared on socia

has videos are centered in china. why don't i am what they call digital you disappeared, my voice, my picture, my videos, whatever i post. even if i just say hello, my name is tc and it's 12 o'clock and the weather is nice. it will be deleted or her friends, or they read all that i will have to you and then we go on his pro ukrainian stance has earned him death threats from chinese nationalists, but he finds comfort in his new home federalists, and this is the death of my heart, this is what the city looks like on day to day. hello. hello, i am decent. today is saturday and the people behind me doing it is one moved to a desk only a few months before war started. he says he fell in love with its charms, not knowing that war was looming. now he is out and about almost daily documenting life in the city. the war has not damped and his love for it turned on war. his cruel war must not happen. but the people he, us still living a life indignity, they have not been scared off. they have not run away. that is what i am seei

different to the world's there is no human rights in china. there is only one rule, a one party, there is no proper rule of law. so therefore there is no human rights. and i, this is always been the and that a, the response from beijing they always say, is a chinese version or chinese characteristic of human rights for chinese, characteristic of ruling if complete control of, of, of people. right, we'll have to leave it there for the time being, but thank you so much for joining us, tre. my move from the world. we go to congress. thank you so much. thank you for having me. the and the water ukraine grinds into its 4th month, one of russia, the biggest allies remain steadfastly at the side. china has given tacit, sometimes even open approval to moscow's bull, and that shows no sign of changing. and that's the method, the chinese people are getting at home buyers, fit media in ukraine, that's another matter. and it's where we caught up with a chinese laga with a different view. you might think he's a travel blogger, or a foody one. the c, n is o

so what has been, china is response to that. well, you know, you, you mentioned that, can't that to do these. this has been established. quite frankly, if you start looking at all the paperwork that's been put together and i have no doubt that human rights watches are collecting data from different sources. some certainly don't have people on the ground there, but you know, it all comes back to the gentleman named a trends in somebody who is thoroughly anti. he's a born again christian. he believes not a big fan of women's rights police and corporal punishment. it's strange that he would adopt muslims, as he believes under his own, very extreme brand of christianity that they're all going to hell. but i mean, he merges 2018 as an expert and i'm sure john matters and it's through him that you hear all these allegations on. it puts out as there is a 1000000 we years in concentration camps. how we did this, interviewed 8 people. and based on those people who extract laden decided, there was a 1000000, decided that he was also the s

one is in china for china. their customers are in china. so there is no way to move the supply chain out of this country because you want to be closer to your customers. but there is another type that will be part of the global supply chains and in the past month or so and obviously from -- some of our numbers experienced huge disruptions in terms of supply chains and some of them might have to move out of the country to meet certain demands but that could be a temporary situation because china at this point still has the ecosystem to provide products of members. so i think most members are still in a reassessing stage at this point. kathleen: i want to follow up on that. reassessing, but reassessing a long held position that it was worth being in china. is it possible, even with lockdowns it is the crackdown of property developers. it is all of the pulling back the chinese government has done to big companies in china over the last couple of years. and how do you change minds? does the government care or just let the foreigners go? >> our

full of china. and they will not serve the fundamental interest of the american people to view china as an engine. the china is certainly quite the powerhouse and we wait to see how those relations between china on australia evolve under albany. and i'm sure we'll have you on again, victor out before too long to discuss them. we take our vice president for the center for china globally, but globalization excuse me. thank you very much. thank you for having me. turkey has said it's will oppose finland, unsweetened joining nato and institute nordic countries address on cars, concerns about what their support for what it calls terrorist organizations. finan, unsweetened applied for membership this week, marking an end to their long history of neutrality. now fernando shirt long border with russia and turkey has demanded to finland, unsweetened both deal with the kurdish militant allegedly harboured in those nordic states. western leaders have expressed confidence, however, that's on cars. objections wi

they're trying to continue the trump era toughness on china bipartisan recognition that china is a major strategic competitor. at the same time, acknowledging that the world's two largest economies are incredibly interlinked. the u.s. needs china on climate change and a bunch of other issues including the war in ukraine and support for russia. there's a bunch of things going on and it was a laundry list of the accomplishments so far. policies to rejuvenate america at home. he did not want to look like he was being soft on china at a time when tensions are high over human rights, taiwan, and another -- a number of other issues. that was unusually direct language we saw in his speech. haidi: is there a sense that washington is projecting a time of strength when we are seeing more perceived weakness from beijing? potentially teasing that the easing of tariffs may be used here? >> there is definitely the element of that. this was a strong, assertive speech and there is generally a sense in washington that america has china a little bit on the back foot. in the early part of the pandemic, chi

not just about china. are people in the region are going to feel the benefits of the court? i think so. i think this is the hope now in the 1st year, as i mentioned, a tried to create this intricate structure to say, well the, what is the force for good? in the 2nd year, the focus has been on delivery. they're really trying to say, we're not just to talk shop, you have results. and the very detailed fact sheet that came out of the 4 countries today, as well as a joint statement from the leaders goes into minute detail of all of the things that they are trying to portray and do in region. particularly the vaccine initiative is one concrete example. now under the quantum rack, seems have already been provided to the region. the deliveries have started with cambodia and now in other southeast asian countries. i think that is one example understanding how the pandemic has the more now the court wants to talk about students as the speed react, pediatric vaccines, which united states aims to provide to the count

to try to counter china's growing assertiveness. that is what makes this quad meeting on tuesday in tokyo so important for australia as a new man gets down to business on his first day in his newjob. bud down to business on his first day in his newjob.— down to business on his first day in his newjob. day in his new 'ob. and the new man is day in his new job. and the new man is expected _ day in his new job. and the new man is expected to _ day in his new job. and the new man is expected to go - day in his new job. and the new man is expected to go his - day in his new job. and the new man is expected to go his way l man is expected to go his way pretty soon now. thank you very much phil mercer in sydney. let's take a look at some other stories in the headlines: iranian state media says a senior military officer has been assassinated in tehran. two people on a motorcycle are reported to have shot dead colonel sayyad khodaie outside his home. he was a member of the powerful iranian revolutionary guards. russia's invasion of ukraine

china strategic moves in the south pacific res alarm among australia and its allies, china, one to 10 pacific island states to inc. a wide range of deal with beijing. it failed . so what other concerns with this deal? and how did the pacific island nation themselves view it? and later in the program bank books, real life fight club, the cult movie has inspired and underground fight scene in the tie capital. the cops are seen read just like some of the competitors. but the events approving extremely popular ah i british manager, welcome to d. w. news asia. glad you could join us. an attempt by china to secure a sweeping security and trade deal with 10 south pacific islands remains elusive. jay's foreign minister, one ye has was hoping to sign such a pact during a stop in fiji, bought his diplomatic to out of the region. but one came away from a virtual meeting with his south pacific counterparts. without a deal, he urged them not to be too anxious about his country's aims in the region, and promised to clear the air. we hope to from john, after the meeting to china will release its own

be the china that represents all china, including taiwan. this becomes a tremendous challenge because officially the united states does not recognize taiwan as a country. for instance, there is no taiwanese embassy in washington. taiwan's interests are represented by eight representative office. so there is this really complicated issue of being able to use the right language and describe taiwan that is a country but effectively acting as an independent government, for instance a member of the united nations and that has been a tremendous challenge for taiwan. host: who are some of the 14 who have taken the step to officially recognize taiwan? guest: most are in latin america and the pacific islands. some would argue that these are countries that really depend greatly on taiwanese development of systems, so the motivation is to get more money. they can manipulate that and say, well, if you don't give us what we needed, we will turn to the chinese. that puts taiwan in a tough spot. at the same time it does give taiwan more recognition in the

this is a significant moment in china's attempts to dominate the pacific, and i think china has overreach. so i think we're seeing a convergence of several factors in the past few days. the, the over rich, the hubris, if you like, all china and foreign minister, while you seem to, to, to read many countries into a many dimensional agreement, security, economics, culture, development, fisheries, et cetera. and of course there was going to be authorization. so i think what's happening now is that the nice business that china is bringing to the region and the cracks, the division of the beginning show. because the small countries cannot reach consensus on dealing with china. therefore they will put on the shelf. but the other piece of puzzle i think is the way that the new australian government has been showing real leadership, real engagement with pacific country. not telling them to refuse or ignore china, but to remind them that the choices that by making about the development i put along. and if they had to read the fine because they need to. and in addition, when you are striving govern

likely those companies in china processed them and we will sell first of those companies in china that they are supposed to sell to our automobile manufacturers or other industries. an example, we develop diversified alternative supply chains from getting it out of the ground to processing it in the final product shipping it to oems. it won't happen overnight, but it needs to start now. is the kind of thing we can no longer be depended upon china for. weird terribly dependent on china for semiconductors. they are made on an island that's 100 miles from mainland china that has long-standing arrow tens of claims. this just another reason why we should make it clear to china that we will not tolerate the invasion of taiwan. what won't happen, china will invade taiwan. china will invade taiwan if america doesn't take steps now to deter it. that means arming taiwan faster and more effectively. working with their ministry of defense to reform their military and reserve practices. in adopting strategic clarity, just stating the outright, beijing we will come to taiwan's age. maybe we will, ma

i don't approach the discussion about china and china's activities looking at the pacific as if it is a abstract from australia. i'll look at this and think, what is it we need to do to work together? china has rejected fish, is that it's newly signed security packed clears the way for naval base in honey ara and a military presence, 2000 kilometers from australia, coastline. but analysts say china's leaders, i came to challenge the pacific traditional partners of the past. i don't think there's any doubt that this is a clear signal at china research, as i say, stating a claim to a place in the region. but all started when it is looking to disrupt or what, what have been made. traditional sets of relationships in the regions also on the itinerary for china's foreign minister. is the g van a watty cure, bass, samoa, and papa new guinea. sarah clark, our da 0. brisbin, australia. america's largest gun lobby group is going ahead with its annual meeting on friday, just a few hours drive the latest school shooting in texas. 19 children and 2 teachers were killed on tuesday in new val day.

what does -- what if china recovers? the hope obviously is china recovers. is there enough oil in the event china does a u-turn? >> this would light up the market. in two q, we see jet fuel down, gasoline down. forecasting almost no growth out of china this year. were china to reopen, i think that would shed a light under oil markets and we would see a significant move to the upside. the timing remains highly uncertain. once china comes back, there will be a further leg up for commodity prices. david: great to see you in person. we will see you next time. we are just in time for industrial output numbers out of japan. we will be getting pmi numbers out of china. 1.3% down. sequential drop. in april, industrial output, 1.3. the estimate was for -1.2. retail sales a little bit better than expectations pick department sales up 4%. the consumer is healthy. same cannot be said and would even tie in with what we saw in south korea with industrial profits. showing a contraction. will put this together when the numbers come out of china in under two hours. haidi: we

the world is changing, china is changing. the grid of bay area is changing hong kong with all its advantages, should adapt to the changing circumstances rather than being complacent or other them being left behind. i think all these need to be addressed by the new chief executive. therefore, i think reaching out to the rest of the world, including the western world as well as chinese mainland in particular, the greater bay area to address all these challenges in hong kong will be missile these top priority now allow me to make one point. we know what the united states now is dealing with, ah, january, the 6 insurrection occupying the capital of the united states in washington dc. whatever that happened, the hong kong, comparing with the occupation of the capital city in the united states really should be judged by the same light. the united states now is a closing maga as sedition and rebellion, as unlucky as that most as undermining rule of law. we should use the same criteria to look at those riotous storming the electrical

and that they're seeking new opportunities with china, china, with a country that is willing to put its money, whether its mouth is when it comes to delivering aid. and also which is very serious about issues that these leaders are concerned about specifically climate change. all right, thanks so much. will they be that katrina, you well tens of thousands of flag waving ultra nationalists. israelis have march through the most sim quarter of occupied east jerusalem. the provocative flag day. march celebrates the occupation of east jerusalem in 1900. 67. some chanted racist flows and fought with palestinians. as iran con, report sits left the city further on edge. oh, black suede in what israel says is a celebration and palestinians call a publication. ah, these railey flag, much vault was known by his release as jerusalem day is a holiday when his really forces captured east jerusalem in 1967 during the 60 war the israel, it's victory for the palestinians. its occupation in recent years though. oh, tr nationally, says railey groups have used the flag march to push that. i mean, agenda ah

do you think we can expect china to make this report public? oh, so that is a kind of a true position at you, the events that it is a deliberate a fact i i'm, i'm confident that the investigator and also the authority a c as a regulator and also safety education authorization will be very all nice and, and all not the fact i'm but you for there are other contributing factors. and also, as we know that when something contributes to the air crash and perhaps in not just one single effect that to affect it that will contribute to the crash hours a day or more than one contributing factors. so we need to take a holistic out assistant approach to that, which i not have heard a relatively good safety record a safety record in the past due to a kid. particularly when can you talk to us a bit about the standards of a safety employed in china to make sure that across are safe to fly? yes, absolutely. i think as we know that in the past 14 years, perhaps chuck nice, maintain a very high safety red hole in terms of there is no fatal crash. and the latest

and this is really being seen to have an impact on a number of sectors in china's economy. china's services sector has shrunk the manufacturing sector, which is known to be the back burner. china's economic growth has also taken a huge blore, and that in turn, has affected millions of workers, especially low income migrant workers. and there's a lot of concerns well about growing unemployment here in china for you graduates as well. they're expecting about $11000000.00 new graduates this year a lauren and they not sure exactly where they're going to be employed. and also all of this really has tight investing confidence. we've seen chinese stock slipping for some time now. and katrina. what's the latest when it comes to the overall situation with outbreaks? there now? well i mentioned her a dozens of regions affected about $30.00 to $40.00 across the country, an imposing right now varying levels of restrictions trying to get corbet outbreaks under control. i'm in the capitol begging in the east in shall young district. and we've been under a sort of light locked down for about 2 or 3 weeks

of sensitive scientific research with china. the we've uncovered is deeply complacent. there is a fang, don't bite the hand that feeds you and i would actually turn it around and say, don't feed the hand the bites you shoot. you. the national university of defense technology is clear what it's trying to achieve with the devotee the lives to the modernization of the national defense army. do question is to year a p and universities really want to help. well, i'm no joined by a santa pit osman. she's the head of the w's investigative teams on her. welcome to the studio. now, what's wrong with corporation was calibration. it was with, with china. why, what's, what's the big deal here? well, essentially get, we are looking at the grey zone of scientific corporation between chinese and european and scientists here. so what i mean by greys owing is it's not like european scholars are actively collaborating with their chinese partners to help china build the world's best army. that is clearly not, they are intention, but as one securit

china. and we want to promote peace rather than to follow the footstep of any country which wants to promote confrontation. interesting that the discussion very quickly often escalates into talk about, you know, war versus piece. things very telling. i'm sure going to come back to pick up on that, but if i could bring tunnel, he cohen come a he co as high know mentioned south korea, got a new president. you insult your campaign to strengthen relations with the u. s. japan's prime minister came to power last year, didn't he? because she the for me. oh, he's been talking about also working, working closely with the u. s. does that tell us how much of an appetite there is right now to strengthen ties with us because of concerns about china? is that the way things are going to maintain strong relationships with the united states has been and still is? and will continue to be the top priority for japan. the focus for next week with biden, with narrative muddy from india, and with the newly electe

in china. manus: dissent is not something they will tolerate too much of that. and they also say is tanking on the back of that, down 1% this morning. coming up, the risk assets as they say implode. whiplash was the agenda for last week, is it more of a risk off risk parity moment for markets as we kick in this manus: this is bloomberg daybreak, i'm manus cranny. tom mackenzie alongside be in london. tom: g7 leaders vowed to ban russian oil. they use plans are held up by hungary. stocks tumble but fx steals the spotlight, the greenback climbs higher as a bloomberg survey warns that europe dollar -- e uro-dollar parity looms. chinese exports splutter as the nation's premier warns of eight direct lockdown situation. we are going to be looking at infineon, the german ship maker, its second-quarter revenue coming in at 3.3 billion euros. slightly above the estimates. manus: tom, they have actually raised their 2022 poor past. -- forecast. 761, chips being squashed in terms of supply chains. automak

china. earlier in the day, president jim paint sent a written address to the leaders of these pacific island nations. he said that china had a long history of friendship and brotherhood with these nations. and that if use all of these countries as equal, no matter what size they are, that china equally respects them. and also that this good friendship would continue no matter how the international situation changes. so i think bating is really trying to stress that it's reaching out, or in terms of friendship that there is no strings attached in terms of what it's offering that any deals that they're trying to negotiate are mutually beneficial. and it has deny of past that it's tried. it's trying to militarize the region. i think the main message from she jan pings address in particular that is that aging will not perhaps like some other western nations or put any pressure on these island nations to choose between the west or a china of the zeros katrina you reporting live from bay jane katr

a put china aside. first of all, this is a wrong strategy to start with. secondly, it will backfire why? because china is the largest, the trading lation of almost all the countries in the asian pacific region, including japan, south korea, your name, it. how can any country attempt to exclude the largest trading lation? this will backfire because this will really cause the united states to suffer the consequences allow me to use one single example. i hope president bite will really bring back to the united states some baby formula because you really cannot do things completely or you're wrong. this is a globalized the world. we need to have international corporation of all kinds. rather than artificially setting up one, brock against another brock of countries, china is a falls for peace and stability of trade. and we want to open the door open as widely as possible. mm hm. welcome. american participation many american companies operating in china are making huge profits, sometimes more profit than the

of sensitive scientific research with china. the we've uncovered is deeply complacent. there is a fang, don't bite the hand that feeds you and i would actually turn it around and say, don't feed the hand the bites you shoot. you. the national university of defense technology is clear what it's trying to achieve with the devotee the lives to the modernization of the national defense army. do question is to year a p and universities really want to help. let's take a closer look at this with that now me comrade from d. w investigative team. welcome naomi. so we are there in the report, no indication of anything illegal, a going all. and if you recognize it, pretty much any technology can be used for military purposes, people are bound to ask why any of this matters. right, and we're not saying that we should capital corporations with china entirely, obviously need to cooperate with china, particularly when it comes to important topics like climate change research. but what we're saying is that may be aware, you know, showing a pict

joerg: nobody can walk away from china. china cannot be replaced. if you want to replace those clusters, you can go to other countries and pay more than halve logistical difficulties. at the same time, the quality china is driving, the unpredictability is out of the window. that is driving decisions to be hold. that will show in one or two years, these investment decisions. when it comes to orders and buying from china, we see members re-shifting to source from other countries because they don't know if there is going to be another lockdown. when it comes to china, people are reconsidering what to do in many cases. dani: it is fascinating because the made in china story had been a huge engine of growth when it came to the country and the unprecedented growth they had seen. if there is any alteration to that story, can china continue to prosper without the participation of the west? joerg: they can, but on a much lower level. china is deftly going to underperform. -- definitely going to underperform. china has been a big winner of globalization. when

and i went into issues in china. i appreciate the government efforts in making this happen, particularly the arrangements for my been meeting with chief team. i was also able to meet his counselor at one g and she just been people scored with senior official security. just i think a fan of course, the big focus on problems. i also met with the old china, was that the ration and doing that today and touched on what she i remember the wonderful fish. i think the secretary with the chinese pointed by the change of region by by others. i got a patient that expand book school and for my vocational training, i knew how the in a legion i was able to interact with society and efficient academics and community leaders. another inside and outside of the country in the back of my business, my office and i met with a number of students that are issues related to senior ban. on another part time my business has all the, the new form i work with, the un human rights mechanism of china over many years. and the fact that he was done

we trade our commodities mainly to china. on this developing relationship between your country and the chinese. i don't want to call my country small but i will accept it. it comes down to this. the president, when you it with chinese officials you take by deepening the trade relationships and signing a free trade deal, do you, at any point mentioned to them or care about china's human rights record what they are doing to the uighur muslim minority in the province. do you ever mention that? not in the same meeting. but we have meetings about different things and what we are going to say and the un, for example. you have meetings and obviously, we don't align in some places with china. but there is geopolitics, very important geopolitics for a country like yours. you know that the way the world is working right now, the united states and china are becoming much more obvious and deeper geopolitical rivals. it seems to me that you are taking a strategic decision to deepen your relationship with china. you don't see the prospect

this is china, sea territory dispute in the south china sea 3rd part of this. so you have all these flash voids and therefore anything could could happen if the tensions are not managed carefully. so therefore, i do think a lot of countries in us in including the philippines are very wary of this strategic competition. because in the, an small states like the philippines and its neighbors in asi on, are going to be victims in this chest game. and, oh, what exactly can you do on this from? because i'm for your heard present bivens, our latest announcement that the, the united states will intervene to defend taiwan militarily. and even though there are various interpretations of that of that statement, i'm sure it was taken with a lot of apprehension in your region, especially considering that the chinese navy, as we know, is larger than the american navy in those 2 navies come to class how far do you think it may go and how it may influence you? read the yes. remember of all, darcy and countries only the philippine shares a maritime boundary with taiwan. so if a

the issue of how to counter china's threats l how to counter china's threats to taiwan as a long—term one and it's really been highlighted by what russia has donein highlighted by what russia has done in ukraine, it has added to the sense of urgency but it is a decade—long programme japan, the us and its allies are preparing to undertake to sort of catch up technologically with what china has done in the last two decades. there are also much more broad ambitions. and that's part of what's being announced today here, we have president biden supporting the indo—pacific economic framework which he and the japanese prime minister are announcing today. it's a replacement for the old transpacific partnership, that tra nspacific partnership, that president transpacific partnership, that president trump pulled out of backin president trump pulled out of back in 2016. the us now trying to get back in the lead, and the pacific, and in the south—east asia and the indian, with building economic partnerships, trade partnerships, trade partnerships, technology partnerships, technology partner

trip to china? -- trap in china? >> the rates are the same. haidi: let's look at the commodities complex, because we aren't seeing fears of a crisis, fears of shortages as we get continued moves when it comes to food protectionism. beijing has started buying brazilian corn, a very rare move suggesting we are seen impactful fears of food security and supply. corn sitting lower, week also up by about 2%. watching oil markets as we see continued gains strengthening as inventories in the u.s. falling to new lows, marking the beginning of key summer driving season. new york crude up by about .6 of 1%. brent has been gaining for the last five or six sessions. we have lots more to come on "bloomberg daybreak: asia." this is bloomberg. ♪ haidi: scott minerd says he expects bitcoin to fall to $8,000. he had previously said on bloomberg he thought cryptocurrency should be as much as $400,000. he spoke to tom keene and lisa abramovich about his renewed outlook. >> i was an early believer in crypto. i remembe

it and what he might do with china? , , china? it is interesting, durin: china? it is interesting, during australia's - china? it is interesting, i during australia's election campaign there were extraordinary allegations made by the former prime minister morrison to anthony albanese that he was siding with china, that he was siding with china, that chinese aid that had to vet speeches from australia's labour officials, which were extraordinary claims. the inference and allegation was that the labour party was too soft and perhaps conniving with beijing. those allegations have been strenuously rejected by anthony albanese. i think what we will see in tokyo is australia reaffirming its very close military alliance with the united states that dates back to the early 1950s. and also shoring up those key alliances with japan and india. i think australia will want to make sure that its firm stars against what he has called chinese aggression is continued under anthony albanese, though perhaps with a softer edge compares what we have seen from the previous p.m., scott