going to shenzhen takes only 20 minutes. that used to be an hour-long trip that requires taking the train and maybe the ferry and other connection transportation. haidi: in what ways does this matter? there are negative implications for hong kong. >> the economist estimate that shenzhen is spending up to $84 billion in retail services. that is 15% of money they did not spend in hong kong. restaurants and bars don't like this. there are local politicians and economists suggesting it is posing a departure's tax on hong kong residents leaving the city to protect the local economy. this has also been an urgent call to local leaders to figure out how to but our track towards him. hong kong tours and to shenzhen and the rest of china hit record highs. the reverse has not been true. we are seeing travel numbers from mainland china to hong kong is still below the 2019 level before the covid isolation. annabelle: our china economic government editor joining us. you can get an inside -- in our hong kong newsletter every thursday. sign

this time the event has passed in shenzhen, in guangdong province, bringing together over one and a halfusand manufacturers from all over. peace. butb presented its capabilities with the aim of increasing the export of belarusian products to the chinese market and expanding the circle of participants in exchange trading. over 50 business meetings were held. as a result, i achieved. agreements on accreditation on the exchange platform of buyers of skimmed milk powder, whey and beef. in addition, chinese manufacturers of packaging lines, freezing cameras and a number of others. the results of trading on the currency and stock exchange ended with the growth of the dollar and the chinese yuan, the russian ruble weakened against ours. so, the following rates have been established: american currency costs 3 rubles, 23 kopecks. the euro exchange rate according to the national bank is 3 rubles, 50 kopecks. behind. 100 russian rubles costs 3.54 belarusian rubles. belarusians spent an average of 8 days abroad, foreign tourists in our country - 4 days. such data for 2023 were provided by the nation

are much lower here, than in conventional aviation, i think that over time the cost of a flight from shenzhenll not be more expensive than a trip by regular taxi. a real technology race has unfolded today between manufacturers from china, europe and the usa, each has its own design advantages, but the winner will be the one who is the first to... visit of us presidential national security adviser jake salevan to kiev, well, in kiev it is clear that everything is so to say, lately they have been traveling, mostly these are trips, of course, they are, so to speak, associated with rhetorical support, they said there, they said here , salivaan came secretly, but clearly told the ukrainians the good news, what kind of news, you ask, let's listen, i stood on the podium of the white house and said that ukraine must win, here today that ukraine must win , and what does it mean? this means that ukraine is emerging from this war sovereign, independent and free. we believe that russia has already lost in this war, that... russia has failed to do this, erase ukraine from the map, erase the very idea of ​

we look ahead for the start of trading in hong kong, shanghai and shenzhen.ina show" is next. this is bloomberg. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. david: we're half an hour from the open of hong kong, shanghai and shenzhen. you are watching the china show. we are at the first-ever global inve

here are much lower than in conventional aviation, i think that over time, the cost of a flight from shenzhen will not be more expensive than a trip by regular taxi. a real technology race has unfolded today between manufacturers from china, europe and the usa, each with its own design advantages, but the winner will be the one who is the first to launch a regular message. natalya lyublinskaya, sergey aksenov, grigory emelyanov and anastasia berestenko, channel one china. a caliber cruise missile is launched from the sea of ​​japan. this is a pacific fleet exercise. the crew under the volkhom boat shows their skill. range strike more than a thousand km, the ground target was located at a training ground in the khabarovsk territory, in nato submarines of this type are called a black hole, submarines are almost invisible to radars, during the volkhov exercises they covered ships, aircraft, naval aviation drones, a clash on the border of mexico and the usa, they are waiting there opportunities to penetrate texas. migrants, hundreds of them decided to rush to the gap, at the turn there were sever

firm called autoflight carried out a test flight of a passenger—carrying drone between the cities of shenzhens manager, rob page, was left reflecting on the cruelty of sport as his young side lost their european playoff final to poland on penalties. after 90 minutes and extra time, the match was goalless so it went

employed to basically goods for the american market with 130 shops, new cities and included for instance, shenzhen all to 7 million people in 25 years and all cities like one to all, canton basically expanding is popular to fuel the new industry. the big box stores contract, production and conmer $!tastes and retail with very small margins with asian manufacturers in particular therices meant low low wages in this sector and, the averagewage fird then begins to drop in the course of the so what has that to do with today? did the war on the american class succeed in effect it? had some impact. it included stagnant wages for over two decades. as i said, the beginning of the purchasing power of the minimum wage doesn't changea 1960s and the pandemic. of 2020, where labor demand and labor■$■y play a role in beginning to slowly increase the minimum wage and its purchasing power alongside wages like the living wage campaign in. like the living wage fight for e wages and compensation not just essential wrk in the low paid sn food service and transportation, the increase of compensation. and that's sector

to basically goods for the american market with 130 bas shops, new cities and included for instance, shenzhen to 7 million people in 25 years and all cities like one to all, canton basically expanding is popular to fuel the new industry. the big box stores contract, production and consumer tastes and retail with very small margins with asian manufacturers in particular the low pricesmeas sector and, the averagewage fird then begins to drop in the course of the 1970s. so what has that to do with today? did the war on the american class succeed in effect it? had some impact. it included stagnant wages for over two decades. as i said, the beginning of the purchasing power of the minimum wage doesn't change between 1960s and the pandemic. of 2020, where labor demand and laborbeginning to slowly increae minimum wage and its purchasing power alongside wages like the living wage campaign in. like the living wage camn and the fight for 15 to increase wages and compensation not just essential workers, workers who work in the low paid sector in food service and transportation, and in regional and funda

goods for the american market with 130 bales of garments, shops, new cities and included for instance, shenzhenrom no city at all to 7 million people in 25 years and all cities like one to all, canton basically expanding is popular to fuel the new industry. the big box stores contract, production and consumer tastes and retail with very small margins with asian manufacturers in particular the■ low prices meant low low wages in this sector and, the average american wage first becomes stagnant and then begins to drop in the course of the 1970s. so what has that to do with today? did the war on the american class succeed in effect it? had some impact. it included stagnant wages for er two decades. as i said, the beginning of the purchasing power of the minimu'n 1960s and the pandemic. of 2020, where labor demand and labor supply play a role in beginning to slowly increase the minimum wage and its purchasing power alongside wages like the living wage campaign in. like the living wage campaign and the fight for 15 to increase wages and compensation not just essentia workers, workers who work in the

goods for the american market with 130 bales of garments, shops, new ties and included for instance shenzhenwhich grew from no city at all to 7 million people in 25 years and all cities like one to all canton basically expanding is popular to fuel the new industry. the big box stores contract, production and consumer tastes and retail with very small margins with asian manufacturers in particular the low prices meant low low wages in this sector and, the average american wage first becomes stagnant and then begins to drop in the course of the 1970s. so what has that to do with today? did the war on the american class succeed in effect it? hadom s impact. it included stagnant wages for over two decades. as i said, the beginning of the purchasing power of the minimum wage doesn't change between 1960s and the pandemic. of 2020, where labor demand and labor supply play a role in beginning to slowly increase the minimum wage and its purchasing power alongside wages like the living wage campaign in. like the living wage campaign and the fight for 15 to increase wages and compensation not just esse

goods for the american market with 130 bales of garments, shops, new cities and included for instance, shenzhen which grew from no city at all to 7 million people in 25 years and all cities like one to all, canton basically expanding is popular to fuel the new industry. the big box stores contract, production and consumer tastes and retail with very small margins with asian manufacturers in particular the low prices meant low low wages in this sector and, the average american wage first becomes stagnant and then begins to drop in the course of the 1970s. so what has that to do with today? did the war on the american class succeed in effect it? had some impact. it included stagnant wages for over two decades. as i said, the beginning of the purchasing power of the minimum wage doesn't change between 1960s and the pandemic. of 2020, where labor demand and labor supply play a role in beginning to slowly increase the minimum wage and its purchasing power alongside wages like the living wage campaign in. like the living wage campaign and the fight for 15 to increase wages and compensation not just e

markets coverage continues with the start of trading in hong kong, shanghai, and shenzhen. ♪ >> you aree china show. i am yvonne man. the top stories this one.

places like guang joe and shenzhen, there are limitations on how many properties any household can buynd which ones are eligible. there's a push for more and more of those limitations to be rolled back and hopefully that will result in greater demand in the marketplace. that is the big problem. there are homes on the market, nobody is there to buy the. this meeting on friday, it seems like the premier is talking about doing more to rev up demand. annabelle:annabelle: that was bloomberg's greater china senior executive editor john liu. the focus as well this hour is on japan's currency. the currency chief has warned against speculation and the foreign exchange market and says officials are prepared to take action if needed. for more, our ethics and rates strategist joined -- joins us from singapore. does this mean we can have some level of formal intervention? we have been hearing jawboning now for a number of days. >> i think the interesting thing is we did not hear this for today. i think last week, particularly when the dollar-yen reached 2022 and 2023 highs, i personally was expecti

i think the shenzhen government is very much closely involved in these talks about credit lines.ew months ago they came out to say they will continue to support the company. so we are looking for that sigma -- that similar signal to come out again at this time. haidi: lorretta chen there in hong kong. a bull market begins in a number of sectors in china, indicating investors are seeing an upside amid efforts to bolster the economy and markets. let's bring out our reporter. the first part about efforts to bolster the economy, arguably we did not get much of that in terms of the strategy from the recent national people's congress. is this more evaluation story? >> disappointed only at the margin. china has not been pursuing a big bang fiscal stimulus move for a while so it was foolhardy to expect one. having said that, markets have started moving higher. this is possibly the biggest up move in the csi 300 we have seen since the reopening gains which started last year in october. in this context if you look under the hood there are sectors from new economy, solar and materials, whic

i think that over time, the cost of flying from shenzhen to juhai will be less expensive than takingvyacheslav nikonov. tonight, our armed forces launched a massive missile strike on energy, primarily ukrainian, facilities; it was probably the most massive strike in history. dnepropetrovsk, zaporozhye, krivoy rog , vinnitsa, lvov, khmelnitsky, but it was really very difficult not to notice the losses this time, the ukrainian media, officials who usually claim that they shot down much more missiles than actually flew to ukraine, this time declares that how... some missiles still reached their target, well, it would be difficult not to admit this, since half of ukraine lacks electricity, water, which is also supplied by electricity, and the internet. a truly powerful blow, the minister of energy of ukraine, german golushchenko, made such a statement. the enemy carried out the largest attack on the ukrainian energy sector in recent times. unfortunately, there are damages to generation facilities, as well as power transmission and distribution systems in different areas, in part regions

this time the event took place in shenzhen in guangdong province, bringing together over one and a halfhousand manufacturers from all over the world. butb presented its capabilities with the goal increasing the export of belarusian products to the chinese market and expanding the circle of participants in exchange trading. over 50 business meetings were held based on the results of the agreement reached on the accreditation of buyers of skimmed milk powder and dairy products on the exchange platform. whey and beef. in addition, chinese manufacturers of packaging lines, freezers and a number of others have shown interest in our platform. the results of trading on the currency and stock exchange ended with the growth of the dollar and the chinese yuan. the russian ruble has weakened against ours. so, the following are installed rates: american currency costs 3 rubles, 23 kopecks. the euro exchange rate according to the national bank is 3 rubles, 50 kopecks. for 10 yuaniya they give 4 rubles 47 kopecks. 100 russian rubles costs 3.54 belarusian rubles. belarusians spent an average of 8 days