up the results of a big festive week in asia how we met the eastern new year and prepared for ramadan, we will discuss the chinese factor in the present and future of the region, and also talk about earthquakes, if there are reasons to seriously fear new pushes. translated means new day, one of the oldest holidays in history of mankind, in general, several thousand years ago, people began to celebrate the day of the vernal equinox in a special way. the countries of central asia carefully keep this tradition to this day, and in dushanbe they solemnly lit a large fire, which marked the onset of a new solar cycle in kyrgyzstan, a dish of bags is necessarily prepared for this holiday . this is a stew made from germinated wheat, cottonseed oil and water , they begin to cook the day before, then the whole night. the dish is infused with the first sumolok tasted by the head of state, containing steam with his wife, in his congratulations, he called on the natives to unity, as the main guarantee of well-being. dal left a cocktail worthy of a bright holiday acquires against the backdrop of eve

yes, tickets are cheaper and there will be enough to travel around asia. far from every life.begin with, a side to push into the abyss of numbers in in 2021, according to our billstat and the national bank, already under sanctions and in the midst of a pandemic, belarus earned almost $40 billion from the export of goods, 41% of which was brought by trade with russia , the asian industrial giant became the second largest trading partner of belarus. china, its gdp in the 21st century amounted to 17 trillion dollars , a country with a population of one billion 400 million. people bought from us for 913 million dollars and are increasing the supply of belarusian products. in addition, we trade with india, its gdp is 3,000,000 dollars, its population is 1 billion 380 million. people turkey gdp 815 billion dollars population almost 88 million people kazakhstan gdp 191 billion dollars population 19 million people can be listed. the bottom line is that the asian market is huge - it is an abyss of opportunities and prospects for the growing belarusian economy and not only as a sales ma

central asia is really a special place. holidays of the spring equinox are celebrated here. here ramadan is respected by their christian traditions, that's all. this is at the same time to all muslims we wish a blessed ramadan to all of us spiritual fortitude take care of yourself and your loved ones see you next week, as usual in the center of asia evgeny tkachuk i want to marry one or she agrees with a book only if it is according to jewish law. and you have everything for this. yes, there is already a chuppah and a ring. and the fact that the jews have a jewish father 100% yuri is considered to help. returning to the review of vladimir putin's news, the recepta and erdogan expressed satisfaction with the positive dynamics of trade and economic relations between russia and turkey , as well as the successful implementation of joint strategic projects in the energy sector. according to the kremlin press service, the leaders discussed these topics during a telephone conversation today, the president of turkey positively asse

. -- asia-pacific. take us through your thinking. >> what we are thinking is that a shift couldn't -- should continue to outperform in 2023 versus the united states is very much intact. what we are arguing in the report is that the most important difference between the double up in europe versus asia is that asia does not have the problem of inflation that united states and asia have had. and so they do not have to hike interest rates as month -- much. if you look at the 10 year bond increase, asia's has continued on a weighted average basis by 50 basis points. the united states has increased by 190. so i think that is the most important difference that we have not had interest rates like the united states and the banking system in the -- europe has had. i think the dynamic of the banking system is that they are still state owned and parts of the region and we don't have the sort of problems that europe and the united states systems have. a lot of factors differentiate asia versus united states and euro

and that's it from me, the world news team here, d, w don't go away. news asia is up next with beers vantage. and of course us a lot more news and analysis on our website. you'll find it on d, w dot com and do follow us on social media. gabrielle 1st in berlin. thanks for watching. ah, what are sports all about in winning fighting scoring. when we say they were about never giving up the most exciting sport. stories about people passion and their dr. sports life every weekend on d. w and global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect habitats? we can make a difference. global ideas, environmental series in global 3000 on d, w, and online. this is it, i've been years, asia coming up to date, asian giants on opposite sides of a wall. japanese prime minister from york issued our visits keith, at the same time, the chinese president, she jin being is it's moscow. what does that say about divisions of asia to the voice ukraine and a sticky situation cinema in hong kong and macau, abruptly canceled showings of a new horror. flick

i'm asia, europe broad picture. are you do you feel safe to have a secure how should we think about this? well, thanks a lot marshall great to be with with you guys. a privilege to this important conference. no i don't feel great. i mean, it could definitely be worse. but i mean, the most recent news that's been coming out is that our defense industrial base, which produces the weapons that need, is just manifestly and woefully inadequate for a conflict with china and. in fact, it's even lagging in a lot of respects in the ukraine conflict. in my own personal impression and i'm careful about this because others know this better. there's been a lot of surprises, unpredictable all but it looks to me like the war in ukraine is going to become protracted i mean it's possible that there will be significant back and forth but but i would be surprised if there's a decisive it's possible and even i think the u.s. government, mark milley and some other people, the nato deputy secretary general, was signaling the same thing a

i will the rest of asia on -- how will the rest of asia respond? guest: the peace dividend after the second world war is over, and you will see increased defense expenditure literally all over the world, certainly in the case of europe. america still spells more than anyone else, seven times more than even china, even after china's increase, it is still a fraction of the u.s.'s. some way -- we will see increased expenditures all around. the post-world war ii peace and prosperity is over. halinda: might we see an arms race in asia? asian economies might want to respond to the china's greater spending efforts. guest: i expect to see greater expenditure all around. the rules-based world order, the focus on economic integration, liberal economics and free trade, that was a formula for peace and prosperity. now that the faith in those pillars has been shaken, you are seeing a flight to safety, in a way. they are beginning to have to invest more in defense. it is not necessarily an arms race, item think anyone wants to see an arms race, which subtracts f

we've got 2 major leaders from asia, one in russia, one in ukraine. what does that tell you about how much asia and the ukraine war are now connected? yeah, we really have before as a tale of 2 visits. on the one hand is your last statement. really portrayed so well for president, she visiting mosque out offering really material and political support to the war and ukraine on the one hand. and then on the other prime minister cation, who before coming to ukraine, was in india, where he announced a broad vision for a free and open it in a large package to go along and support it. and is now, as you said in key where he's been a real leader, in contrast to previous japanese leaders of prime ministry from the beginning, cited strongly with the other members of the g 7, imposing sanctions on rush on his regime. and in supporting in supporting ukraine, and in so doing, he really departed from years, literally years of japanese foreign policy, which it thought to cultivate closer ties with russia. so it's striking to see the contrast, the position, the prim

stay tuned it will definitely be interesting, see you next week in the center of asia.hind this sign is the real ice palace in kaluga real ups and downs real sports passion and real support for hundreds of sports complexes throughout the country, where real future champions are born, the national project of russia is what is important here and now, dear friends. i invite you to our new edition of the besogon tv author's program, which will be called how much will 2 + 2 be? i hope you understand. why is it called so? looking forward to seeing you? there was one valuable relic in the family, it was taken away from me. you said you would return. ukrainian troops drop anti-personnel mines petals on the cities and the village of donbass in donetsk, a sapper was wounded during demining the ministry of emergency situations in another part of the city, an explosive device went off under the feet of civilians, the victim was hospitalized shelling does not stop in the capital of the dpr, fire was opened three times on the city of birch rocket systems of multiple rocket launchers

that's all we'll see you next week as usual in the middle of asia. take care. there? we are going to confer on him the title of righteous man of the world does not want to talk about it, how old we were then, 17. the weapon was one valuable raised. correct we look to spend time with children russian cartoons and children's programs, we watch for free without registration. in the south-donetsk direction, our artillery destroyed an armored vehicle of the enemy in the preobrazhenka area and liquidated two howitzers of the armed forces, and the actions of the russian military were told in the press center of the vostok group by the troops of the vostok group during the reflection two unsuccessful counterattacks of the enemy by artillery fire, the armor of the car was destroyed and before the platoon of nationalists in the area of ​​\u200b\u200bthe settlement of new mikhailovka , an unmanned aircraft was shot down by the crew of the anti-aircraft missile system osago km of the marine corps of the pacific fleet.

ah, i british manager, welcome to did up the news asia. glad you could join us. chinese president, she g p is in moscow to meet vladimir putin. this just days after the international criminal court charts, the russian president with war crimes and ukraine, ahead of the visit, she called this trip journey of friendship corporation and peace. beijing recently circulated a 12 point piece plan for the war in ukraine that many have criticized for being short on specifics. china and russia already share no limits partnership that their leaders inked last year. and gentlemen offer more is time or more of a fellow at the carnegie endowment for international peace. he's an expert in china, russia relations, and central mission countries. foreign policies are welcome. there's been quite a buzz about china, possibly playing the role of mediator in the ukraine war. what interest does beijing have in doing so? so, so thank you for having me. when it comes to shooting pins, visit to moscow, i think the intention behind china is active as a share of the

now this is the dublin years, asia coming up today. will china play mediator or enabler in the ukraine war? it's the question on everyone's mind as president. she jim being arrived in moscow to meet vladimir putin. we look at what to expect and how countries in central asia view this relationship plus another relationship and focus today. the one between india and japan, japanese prime minister from your kisha, is in delhi to meet an important partner in the in the pacific. ah, i british manager, welcome to the dublin, use asia. glad you could join us. chinese president, she jim pink is in moscow to meet vladimir putin. this just day is off to the international criminal court. george, the russian president with war crimes and ukraine, ahead of the visit, she called this trip journey of friendship, war parisian, and peace. beijing recently circulated a 12 point piece plan for the war and ukraine, that many have criticized for being short on specifics. china and russia already share no limits, bought the ship that their leaders inked las

next is news asia with barish banner g. i'll have an update for you at the top of the hour gab office. ah, not just another day. so much is happening all at once. we take time to understand this is the day in depth look at current news, events, analyzed by experts and critical thinkers. not just another news show. this is the day weekdays on d, w a . what people have to say matters to us. mm. that's why we listen to their stories reporter every weekend on d. w. 50 . dublin is aisha coming up today. we're the china play mediator or enabler in the ukraine bowl. it's the question on everyone's mind as president, huge and big arrived in moscow to meet vladimir putin. we look at what to expect and how countries in central asia view this relationship ah plus another relationship in focus today. the one with india and japan, japanese prime minister from your p, she is in delhi to meet an important partner in the in the pacific. ah, i british manager, welcome to did up the news asia. glad you could join us. chinese president, she i

do not switch it will definitely be interesting, see you next week in central asia.'ll take care of this. it will be the honest detective. it's always interesting how it all starts. now everyone will see the producers of good things want and with you russia 24 after advertising, our broadcast will continue the documentary film donbass therefore, i am here. sberbank presents a loan with the lowest rate in 10 years. yes, friend , how much we had with you, remember, i was looking for the keys, and you had them, how did you not let me sleep, your springs dissolved. how i'm tired of the sofa take things easier with a loan from sberbank with a rate of 4% per annum and a monthly felt bag obviously profitable world changes quality invariably millions of people choose warmth and comfort with mikhailov windows buy from solutions.ru official partners. few

you're welcome to dw news asia. glad you could join us the past few days, have seen the articulation of 2 very different visions of international governance . one based on might the other based on rules and to leaders from asia have symbolically represented these visions, chinese presidents should you being met his counterpart vladimir putin in moscow on the same day, japanese prime minister for me. okay. she, there wasn't keith meeting president of holiday me. it is a landscape. japan has already sanctioned russia taken in ukrainians and provided more than $7000000000.00 in assistance to cave. but because she does visit took everyone by surprise, including japanese citizens, all homeless. i'm well done to japan, foreign ministry. i'm usually frustrated that diplomacy, but this time i think it didn't very well. my only concern is how we can come up with the money to fund a to you as a japanese person. i wonder about that. but the pledge because she made was a good thing for the people in ukraine. women, i hope to pa

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shery: this is daybreak: asia.ng down to asia's major market opens in what is shaping up to be a busy week ahead. we have the fed chair jay powell speaking on capitol hill ahead of u.s. jobs numbers in the ongoing national people's congress in china. haidi: the handful of inflation readings on top of that as well as looking forward to the reserve bank of australia and of course that last eating for the bank of japan. that's what we've been talking about as well. risk events on the horizon. let's take a look at how markets are opening up to deal with it. annabelle: thank you. we are just a few minutes away from the open of japan, south korea and the start of trading for cash treasuries. we've been watching the 10 year yield closely in the open. what else we are watching, a lot of focus on what happens in japan, given we have the boj governor chairing his last policy meeting after a decade. the expectation is for no changes. outside chance of a surprise from kuroda as he steps down but the 2% secure -- 2% target not

of west asia and north africa was held in beirut. this two-day meeting has 8 specialized commissions with 200 members. the first meeting of elite thinkers and political researchers of 15 countries of west asia and north africa as west asia the new world order was held in beirut, the axis of the formation of the new asian west of iran. this new media and cultural order is strong along with the movement towards the economic front of resistance. more than 200 political analysts in the form of 8 specialized commissions and for two days discussed important regional developments. and they exchange opinions and its allies on the front of arrogance today are more than ever in the form of the media and we must prepare ourselves more than ever. the strategy of the united states of america is the weakness of others. the leader of the islamic revolution of iran rightly said that the names of the middle east and the far east are based on distance. from westerners and to centralize them into existence, but the name of west asia is an independent i

yes, tickets are cheaper and for traveling asia is not enough for every lifetime.o push into the abyss of numbers in 2021, according to our billstat and the national bank, already under sanctions and in the midst of a pandemic, belarus earned almost $40 billion from the export of goods, 41% of which was brought by trade with russia to the second largest trading partners. belarus has become an asian industrial giant. china, its gdp in 21 amounted to 17 trillion dollars , a country with a population of one billion 400 million. people bought from us for 913 million dollars and increases the supply of belarusian products. in addition, we trade with india, its gdp is three trillion dollars, the population is 1 billion 380 million. turkey's gdp is $815 billion , the population is almost 88 million people kazakhstan, gdp is $191 billion, the population is 19 million. you can list. the bottom line is that the asian market is huge - these are abysses and prospects for the growing belarusian economy and not only as a sales market, but also as a supplier base and, what is ver

what about the other countries in asia? do these 2 ways that you have talked about represent in any way what the rest of the countries in the region are following, or is that a 3rd and perhaps 4th way as well? well, as i said, department 10 for the grantee and for the integrity and a territorial integrity. and japan clearly has that. these are values that not all solely democracies have stand behind. so what japan clearly tries to do is to rabby allies. i'm that to underline the new strong and stronger political role. japan wants to play and to defend the value of time a standing for by showing strong leadership in the defense of european and international security. and for this, he's trying to build a broader coalition and a rally behind like minded partners for him. and this includes also countries like so isn't countries or it countries from the global style where to she tried to emphasize get into dialogue and, and clearly communicate with countries. and given the where the japan has been taking the need when it comes t

the child of asia is volunteers.lo son game is the most experienced helper of the competition in kuzbass city hall davydenko she is 78 years old, because i have been doing this for a long time. i like to do good. it’s not for nothing that it’s written on our t-shirts to do good, not for the sake of glory, but at the behest of the soul, volunteers, igor’s corps, the children of asia, are 650 people out of 18. and the regions of russia have representatives of iraq and aman began training in literally two years, gathered, learned recruiting, respectively, a large fruitful work. after selected punks. the guys who already exist there and have already trained, of course, a very cool atmosphere, and directly that we host such such things in siberia event, very lucky with the weather. but servicemen of the cross-country skiing teams can argue with this statement. the weather in kuzbass is now really above the climatic norm on a thermometer plus two celsius, by the way, the siberian frosts will return immediately after the cl

limited but generally positive moves in asia. the bank deal triggering historic losses. $17 billion of them rendered worthless. the fed and five other central banks joined forces to boost dollar funding as a shield gets growing strains and of the financial system rishaad: today is the international day of happiness. some people would disagree. markets being somewhat royal but not as much as people were anticipating. who wins, loses, what the reaction is an looking at the various asset classes in the mix. david: it could have been worse. we are seeing to your other point some losses across the equity markets. telling us what is happening in the fx space and that takes us into the fed conversation and what lay this changes what the fed may or may not the able to do tuesday or wednesday. getting a melt up in u.s. yields. the five-year which is the style here is up eight basis points. looking at similar gains, similar moves higher in the u.s. to year yield. getting slowly more the fed will be able to move this week. we did speak with

i website, the dover dot com, forward slash asia. i. mazama follows on facebook and twitter to back again tomorrow at the same time. so you, there was a boy and with this award winning offer is available worldwide for every language level, learning german has never been simpler german to go. what? making the headlights and what's behind them. d. w, news, africa. the show that faculty issues have been the continent. life is slowly getting back to normally where on the street to give you enough reports on the inside. our correspondence with on the ground reporting from across the continent, all the french stuff, the mob to you t w news, africa every friday on d, w ah, china apply just to marshal all the states resources towards technological self sufficiency. that's as washington export controls seek to choke off supply. we go to the national people's congress in a jane. also on the show german, chancellor or lot sholtes returns from meeting us president joe biden. we look at what's been achieved by his visit and ukrainian refugees, th

that's all we'll see you next week in central asia. take care of yourself.oday we are signing agreements on the admission of the donetsk people's republic to russia. the lugansk people 's republic is a country with which we have had special relations for a long time. we should have thought about this, as far as the historical novorossiya, then we were never perceived as our own. we perfectly understood that troops would also be thrown against us. well, we didn’t even think that it would be so afraid of the people of donbass and became a stranger in ukraine, we are here , we don’t go anywhere, we keep our defense, our cause, the right victory will be ours. for most people, this is either a joke or a threat. masks created by neural networks are constantly trained for a certain person , a businessman appears who says that i am selling the company. we have losses. everything is very bad, fathers fall moments. someone on it earns money video lay out frame by frame and analyze each frame. to see myself in some video in some strange context, for example, i would li

asia welcomes you here, the heart of the continent beats, and we keep our finger on the pulse. today we will discuss with what kazakhstan approached the new parliamentary elections, what will change, what will not change if a new constitution is adopted in uzbekistan, and why exactly central asia can be considered the motherland of neutrality? hallelujah on march 14 , a holiday was celebrated in the west of kazakhstan. amal him more is called the kazakh new year by its roots. this celebration goes to the traditions of the family. adai holidays are also called the day of meetings. the main attribute of the celebration, strong handshakes and heartfelt hugs about the importance of caring for traditions. this week, president of kazakhstan kassym martaev spoke, he stressed that spiritual education is neither more nor less than a national security issue and called on the competent authorities. strengthen work in the field of religion. this week marks exactly one year when the president of kazakhstan addressed such a window nation after the dramatic january events, then the head of st

it over dot com, forward slash asia mazama. you can follow us on facebook and twitter to back again tomorrow at the same time. see you then i from afghanistan, ah, women from afghanistan making movies, women from afghanistan, making movies in exile. ah, they will not shut out. they will not stop telling their stories. aren't 21. next on dw, we've got some hot tips for your bucket list. no magic corner tread hotspot for food chairs and some great cultural memorials to boot w travel off we go. ah. dennis dan betrayed on screen. the face of the country beyond the cliche with the films produced, he reflect the countries social conflicts. the focus is usually on with.

they are prepared and sent to asia _ business. they are prepared and sent to asia where _ business.a where they are - sent to asia where they are eaten as a delicacy. a kilo can fetch up to $1000. the operation is run by a cooperative which also invests in local schools and healthcare. but not only are these creatures good for the community. they play a vital role in cleaning pollutants from the sea.— role in cleaning pollutants from the sea. role in cleaning pollutants fromthesea. ., ., from the sea. you actually have the sand or _ from the sea. you actually have the sand or sediment _ from the sea. you actually have the sand or sediment going - from the sea. you actually have j the sand or sediment going into the sand or sediment going into the mouth and inside the sea cucumber, the cucumber is able to actually clean the sand of all sorts of things that might be attached to it like bacteria, little bits of algae and out the bum and comes really clean sand.— and out the bum and comes really clean sand. farming sea cucumbers _ really clean sand. farming sea cucumbers are _ really cl

haidi: you are watching daybreak: asia. the top stories, u.s. equity futures rise as ubs agrees to buy credit suisse after a frenetic weekend in global finance put the landmark deal worth over $3 billion. the takeover triggering a historic loss for the $17 billion of risky bonds which are now worthless. plus the fed and five other central banks join forces to boost dollar funding and a short economies from the growing strains of the financial system. annabelle: we have the open of the asx 200 and this is the first sign investors -- first chance investors will have to react to the deal. so far you can see the signals we have had of tentative positivity coming into the session did not appear to be forthcoming. this is the state of play in terms of the financials. staggered starts, so it will take about nine minutes to come online. we see anz bank under pressure. that is the global bank etf down 2% in the opening moments of the trading session. if you change now we had seen other the more positivity coming into the fx space. one of the best ways to

asia. i am david ingles with yvonne man. yvonne: concerns ease over financial stability, by the fed's dilemma remains in focus, investors waiting in an updated dot plot for tomorrow's call. wall street and u.s. officials discussing a potential intervention at first republic bank that could include government backing. plus, tencent's stocks surged to be tested today by a crucial earnings report. david: we will talk to mcquarrie on that story, whether it is vacation star, whether it moves the needle on earnings guidance for the chinese corporate amidst a global economy that is slowing down, and investors looking to china for that engine of growth. it takes us into the market positioning ahead of a crucial central-bank decision, because could this be the last one from the fed, if they do deliver on that? and is there wisdom on waiting? can they just revisit that in the next quarter, just given how uncertain and all the moving parts of there are. markets moving up substantially ahead of that fe

markets for the rest of asia. the nikkei 225 back, up. muted gains compared to asia.t is a banking story. thanks stocks surging in asia. the benchmark up almost 2%, lifting benchmarks across the board. there is a lot of perhaps confidence the worst may be over for the banking sector. perhaps it is too soon to come to that conclusion, but for today, that is the sentiment in the market. cpi came in hot. what will the fed do, increased by 25 or 50? the rupee, that is the level now. the rupee under pressure on the back of that dollar strength. now let's get to first word news with vonnie quinn in new york. bonnie: a. thank you. the pentagon says that russian fighter jet collided with the u.s. surveillance drone in international airspace above the plexi causing the aircraft -- black sea, causing the aircraft group crash. russia says it's jets did not come into contact with the drone and the state department said the collision was a brazen violation of international law. inflation in argentina accelerated in february due to soaring food prices. cpi spiked over 6% for the mo

"daybreak: asia" is next. bloomberg. ♪ the first time you connected your website and your store was also the first time you realized... we can do anything. cheesecake cookies? [together] the chookie! manage all your sales from one place with a partner that always puts you first. godaddy. tools and support for every small business first. as a business owner, your bottom line is always top of mind. that always puts you first. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to 60% a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities. shery: dear watching "daybreak: asia," coming to you live from sydney, hong

kathleen: this is daybreak: asia.arned that the regional bank first citizens bancshares is in advanced talks to acquire svb. our sources say a deal is imminent but no final decision has been made at this time. meanwhile, u.s. authorities are said to consider expanding emergency lending facility to move help republic bank shore up its finances and avoid total collapse. credit suisse facing a possible probe and disciplinary action over how top managers ran the bank in the lead up to its collapse. thanking regulator told a local newspaper that the bank had a cultural problem that translated into a lack of accountability. president marlene says the regulator is exploring options for the proceedings. and israeli prime minister is -- has fired his defense minister for dissenting on a contentious plan to reduce the power of the supreme court. he was dismissed 24-hour's after making a dramatic speech saying the plan is a threat to national security and should be halted. protesters gathered in support while the legislation has

welcome to asia here beats the heart of the continent. we keep our finger on the pulse today we will discuss the tour, usa so the us secretary of state blinkin was received in asian capitals in tashkent and before that in astana in kazakhstan they also organized meeting with the heads of foreign policy departments. all five central asian republics were met, of course, as it should be according to all the rules of hospitality, the appropriate protocol, the necessary ceremonial. as befits for such a dear guest, this guest can become. well, very expensive and everyone understands that. and what the hell is american diplomacy in its classic manifestation, the visit began with a visit to the national university of art, where blinkin, admired the eyebrow house, which he immediately announced on social networks, and already before departure. i even wrote a few sentences in kazakh. in general, a master class on how to please for an inexpensive price. but it's not expensive, everything is very deceptive, as with glass beads. replacement put scorch

i website it over dot com, forward slash asia mazama. you can follow up facebook and twitter to back again tomorrow. at the same time with me, it's just a thought so crazy. i learned similar time i went to more than 6 times in currently more people than ever on the move world wide insert and take control is very hard to say, very difficult to find out about simon story. info migrants ah, china pledges to marshal all the states resources towards technological self sufficiency that had washington export controls seek to talk off supply. we go to the national people's congress in aging. also on the show german chancellor or lot sholtes returns from meeting us president joe biden. we look at what's been achieved by his visit and ukrainian refugees than at the ready to help with germany's labor shortage. but the bureaucracy isn't exactly making it easy for them. this is the w business. i'm janelle, milan, falcon, the national people's congress is underway in beijing headlining the meeting. china's official economic growth target aging has set

that typically has a morsel of impact on asia -- more supportive impact on asia and china in relation to capital inflows. that china equity story that you highlight is likely to benefit from both sides. a weaker dollar, greater appetite for risk taking, and a more supportive policy regime onshore. rishaad: what do you look at in terms of earnings growth and stock performance on the year? the potential that we have double-digit growth at least in equities? john: the china story is moving from reopening to recovery, and that is very evident in eps growth, we are looking at 18% to 20% this year, which is in sharp contrast to the negative earnings growth we have in the u.s. we are seeing some rotation and that is likely to continue, also based on valuations as well. you have a forward pe in the u.s. of 18x compare that to 10x or 11x in china. david: are you still getting queries from the wealthy clients are cash? john: it is a standout opportunity in the last 20 years. i had investors -- had investors taken advantage, there would have been laughing to the bank. if three year libor and two

vonnie: this is "bloomberg daybreak: asia."e just indecision session with the fed increasing interest rates by 25 basis points today, 5.1 the median and basically saying that the banking industry is just fine. there is not going to be any more trouble, but we are investigating. haidi: it was that perhaps gap in messaging that certainly confuse confused, confounded markets. take a look at the treasury's market, they think that jay powell is done. quite a bit of pressure when it comes to the equity session today in asia. annabelle: that is right, we do have the open of japan, korea, and the start of trading forecast treasuries. a lot of focus on the short end of the curve very we saw a retreat in yields in the prior session now coming online like this. bond market traders saying they did not quite believe the sentiment coming through from jay powell but was not seeing any rate cuts over the course of this year. in terms of what we are watching in the fx space, japanese yen continuing strength coming back into it given there is le

this is bloomberg. ♪ >> this is daybreak: asia. we are counting down to asia's major market opens.coming from the wall street session. we continue to see signs of more inflationary pressure. will a strong chinese economy perhaps sentiment and optimism. haidi: yields pushing higher, rate expectations and inflation expectations pushing higher. we could get disappointment from china. we may not get that strong stimulus that the market is counting on. the china reopening has been stronger than expected. annabelle: we are very focused on how the 10 year yield comes online here. still holding below just a fraction. the 4% level in the intraday session on wednesday. it's not a question of if but when. we heard from fed officials reiterating their hawkish stance. the atlanta fred present -- fed president saying there's a case for above the 5% level well into 2024. you heard from the minneapolis fed president who likewise says he's a little bit concerned that we are not seeing the effects of tightening showing up enough in the services sector. it's an externally different story to what we s

that's all we 'll see you next week in central asia . take care of yourself.ake care of this. it will be honest detective. it's always interesting how it all starts. now manufacturers of good things want and most importantly. sergei shoigu at the forefront inspected the vostok grouping of troops and presented the well-deserved awards earned by 83 artillery units in firing positions to manpower and equipment of 197 districts kiev denies his visions, but those who led the attack of terrorists on the bryansk village declare their sortie took place with direct agreement with kiev and command, well , until the end of this hour, see the documentary andrey medvedev's film novorossiya. east in the special operation zone, he visited the command post in the south-donetsk direction, where he was informed about the course of hostilities, but even at the forefront he presented awards to the fighters who showed courage and heroism, igor's report

asia, and this is all without exception.ristian communities that are our partners and that sympathize with the russian orthodox church. and as in the case, for example, the church of india, its full name is the malankara church of india , and they simply consider us their main friends and historical partners. there is another church. very ancient is also the assyrian church of the east and its patriarch, marava. third came to us not so long ago, at the end of last year, met with our most holy patriarch. after that, he immediately went to rome, he had a meeting with the pope. and, of course , after this meeting, italian journalists, the patriarch, marava, immediately approached him, he was not at all afraid to say openly what he thinks about it, firstly, about that e in any conflict does not happen. only one right side, that the position of russia also needs to be understood, right? in connection with ukraine, believe me such a statement made in europe this is a lot today, and further on, he said in relation to the russian or

hong kong, japan, south korea, south asia.id: give us a sense in the asia-pacific, how important are at1's as a funding source? when you look at chinese banks, which i understand are the biggest source of this, the issuers of this, what did they do if they do not want to issue dollar debt? >> chinese banks have been the most prolific issuers of additional at1 capital in the last 18 months, more than anyone else. just to give you some stats. they issued more than $40 billion worth in the last year and a half. that is a key source of capital for them and especially as they build toward meeting their billing requirements. what is interesting with chinese banks is that since the war in ukraine they have been issuing exclusively onshore and replacing their offshore at1's and the main buyers have been state owned enterprises. that helps keep funding costs low. and if you look at onshore versus offshore cost of capital differential, it is 2%. that is a material difference. david: i just thought about something. japanese banks, this i

the other area of defensiveness for asia is you focus on some of these idiosyncratic teams in asia. china reopening recovery is still a very idiosyncratic piece. irrespective of what happens in the u.s. in terms of banking issues or slow down recession over europe, this will continue over a while. you will have reopening, recovery place, consumer plays. a third team i would say is we can be hiding in some certain styles in the market. some of the work we have done shows that dividends tends to be a defensive team and it tends to outperform when you have an environment where growth is slowing down and there is stress in the economies. that is what happened during 2008-2000 down -- 2009 down cycle. shery: you mentioned the banking turmoil. can we look past of that? we saw some strength on asian financials even before this happened. >> i think it looks like the worst of the banking sector issues are possibly behind us. that is obviously i would say less a conviction call here, but for asia i would say things are a bit different. we have not had similar issues, and part of the reason is