we china. there are a number of flash points here on the east on i wonder how they will play out given the new relationship. but marcos and see i hoping to, to build but a month plus family of course long running very cold. your relationship with china . i recall seeing videos of a news traffic and so on. and now a day of a lot of these asian countries, the philippines included and the nation. well, we are not exactly the best of economic shapes. and unfortunately the united states and many other western countries are not in a position or are willing to. ready to invest and trade more with us. in fact the united states for example, calling up on it. ready even existing investors, so let's see, to sort of real a, back to the united states and that off of, you know, it, it, it's, it put us in very difficult position. on the one hand, a number of is asian countries perhaps. well, some of this us freedom on navigation patrols and so on, over some parts of a c. on the other hand, tells us that would

of how china turn out to be, what china turn out to be after 0 years in world trade the organizationpolicymakers in washington and allied democracies had hoped china would become a more open society by joining the wto, but it didn't turn out that way. in fact, it turned out to be moreor authoritarian over time, particularly under president xi jinping's administration in the last ten years. i think he pointed out a lot of valid concerns. many terms of how urgent, it has been for many years, i think. so it's a welcome move, i think, to see congress putting together something specifically for china and tackling the challenges. >> host: and framing it as a select committee that will focus on threats from the chinese communist party, not china writ large, why that framing for this new committee? >> guest: i think it's important. a lot of threats are concerning chinese behavior because of what the communist party in china was driving it. youu look at -- behavior, for example, it doesn't really matter whether a company is owned by the state, but when it comes to an influence overseas, even

fixture of china in the south china sea. to them, and a sense if it will hinder the shipping that is ultimately destined for the united states. laura: we saw the u.s. vice president visit the philippines in november. she went to next to the contested -- an area that is next to the contested. islands. how provocative is that for beijing? andy: certainly we have seen, an increase in the level of provocation escalations by the united states. i think overall, compared to pelosi's visit to taiwan, and other provocations i would not put in that category. certainly, i think it does add to increasing tensions in the region. of course, think the big issue is edca or the extended defense cooperation agreement. what happens, that is of course related to the vice president's visit. clearly this is a complex relationship. i think there is a lot of moving parts. certainly, this, the u.s. words and deeds are an important part of this. laura: i wanted marites vitug to bring up the story of the naval ship the philippines ran aground in this

russia and china have a long border .0 e-e 4,000 km plus on the border with russia there is a sensitive and the region simiani hungarian autonomous region, therefore it is important for china that the security situation on the borders remained stable. that is, china has only such a pragmatic interest and is trying to keep russia on a short notice. let's say it works , and so far so far. an ally or a partner, or both are possible, uh, china is looking for support from russia in its ideological confrontation, and the western powers, of course , see during the conversation that i already mentioned , which took place a week before the new year, uh, with putin, everyone said that regarding the russian war in ukraine, although he did not say that it was a russian war, he called it a conflict in ukraine, so he said that beijing would be objective and biased, so please explain from the side of beijing, we constantly hear ambiguous statements like this, then china will be condemns the war, does not condemn, but does not say that i

china rivalry. and finally, last but not least, we have mina, born in india, and she has enjoyed a varied career working as a development consultant, journalist, and the foreign correspondent for new delhi television, based in london. she has written op-eds and articles published in the -- the wall street journal, washington post, cnn, and the atlantic monthly. in her book, in a matter of trust, india u.s. relations have contributed to trump. she draws on presidential papers, nearly declassified documents, memoirs and interviews to reveal the prejudices and securities and political imperatives that so often have cast a shadow over this relationship. and with that, i turn it over to you. [applause] >> thanks for the introduction. so, when i took delivery of three books, three very different subjects, i understood immediately that these authors are united in their talent but divided what they're writing about. and in india, russia, and china. all of these countries are part of that club. but the simil

we know from experience of bricks, bank, and which brazil and china partners, that of course, china is the dominant partner. and there has been much of course lost in attractiveness after the problem of highly indebtedness of many developing countries against china. and of course, this gives you a chance to strengthen its position as a main trading and investment partner. as the final stop on his tor, the german chancellor is visiting brazil where he is to meet president lunar the silver head of this meeting. mister schultz has called for a fresh impetus to talks between the you and the mattress or south american trade block leaders in the region of blamed european protectionism for holding up the deal. do you see any chance of a breakthrough? well, this is a very, very, has a long history. of course, the agreement has been negotiated for decades and you'll see ation stopped in 2019. so i think this is high time to revitalize this agreement. of course, it would be the 1st agreement which you would conclude with another regional integration scheme. this makes this scheme of this agreeme

connections to china may not go to china. sales to entities may go straight to china. the only way we can be sure that u.s. crude does not end up in the hands of foreign entities of concerned is to reinstate that export ban. we shouldn't be exporting our streej ig oil reserves -- strategic oil reserves to china. i wish they put forth a more serious bill now. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from new jersey reserves. the gentlelady from washington is recognized. mrs. rodgers: thank you, mr. speaker. i'm pleased to yield two minutes to the gentleman from south carolina, mr. duncan. the speaker pro tempore: the gentleman is recognized. mr. duncan: i want to congratulate the gentlelady on her chairmanship. america was increasingly dominant in energy production, producing a surplus, a surplus. exceeding demand usually means you can have lower prices because you're providing supply that exceeds demand. and then when we have more supply, we can export. we can export to our allies with prices that compete with the opec cartel in t

also, china another factor for us given we had china's top economic planner saying it will be watching the price of iron or very closely. australian minors in focus. speaking of china, the pboc is one of the central banks in asia that could make waves in markets this week because we have the one year nlf decision on monday. the expectation is no changes with one of the few exceptions from bloomberg intelligence, saying prepare for a cut to the key rate to try and spur the economy. the boj in japan on wednesday, their decision is live, it is a wildcard for us and that is down to not so much the key right, most economists saying that will be unchanged, but when it comes to its program of yield curve control. citigroup is saying it could be scrapped entirely, the policy this week. shery: we will see where that leaves the japanese into the dollar. we've seen a little retracement of the losses the past four weeks on friday's session. u.s. equity marks away on holidays on monday, we are seeing futures trading in the asian session pretty muted after the s&p 500 surpassed its 200 day moving av

just the china claims, nearly the hi at south china sea as its territorial waters. but 6 other countries, including the philippines dispute this in 2016, the hague, ruled in favor of the philippines. and against paging assertion, it owns the vast maritime area. manila had taken legal action against china, accusing it of unlawfully reclaiming lands in waters around the sprightly islands. the area is estimated to have trillions of dollars worth of oil and gas under it. c bad. ah, that's bringing our guests now. and in beijing, andy mach senior research fellow at the center for china and at globalization. in manila, marie says be took as to at large with the news website wrapper and author of rock solid. how the philippines, one it's maritime case against china and in columbia, east son oh, senior director of that, the singapore institute of international affairs, a very warm welcome to all of you and the let's start with you because she is just recently told markov in beijing that china is ready to resume oil and gas talks and handle maritime issues in a, quote, frien

in the south china sea.l flashpoint in the pacific. >> uss nimitz carrier strike force currently deployed in the south china sea punctuates of the political risk in the asia-pacific in 2023 as lingering tensions over taiwan and north korea potentially escalated. russia's war in ukraine remains many -- reminds many this region is not safe from a military escalation. this as china carries out its own exercises in the same waters led by its newest carrier. china and the u.s. are simultaneously flexing their muscles. the uss nimitz may be the oldest aircraft carrier in the u.s. navy but it still does its job of projecting u.s. strength here in the western pacific. zero to 120 miles in two and a half seconds. while the u.s. has 11 active aircraft carriers, no other nation has more than two including china. both the u.s. and china have many more on the drawing board as the u.s. upgrades to four class super carriers and china aims for a global blue water navy by next decade. >> what is concerning is not so much the

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

china policy. i people have been much more more practical really and think about this and really expect democracy transition to occur time soon. i think. human rights issues are a genuine concern. american people and people in other parts of the world and so they're always going to be the agenda of the relationship. but i my in government gave me lead me to draw the conclusion that the only way human rights treatment is going to improve in china when it's the comes from chinese people and that international community never be able to do this through their actions even you know we can sanction people who use xinjiang cotton but frankly most of the chinese public stands with government and should jail exactly for elite or liberal members of the chinese public small element rule. yeah. so it just leads them buy chinese running shoes rather than western ones to sportswear. so it's not really going to change anything unfortunately. yeah. we should get to this next question, which is interesting. what ar

well, they brought out in china. we know from previous studies shows relatively low frequency, probably around 50 to 60 percent c $98.00 minus the size of that seen. but of course, the viruses me too far beyond these original vaccine, so that the virus is not to be different from transmitting, but better maximum prevent most of your disease. and you predicted ami kron would be less severe and more infectious. how do you see the virus now mutating all moving ahead. once it spreads around the world again? well, i see exactly what it says, even data from the us in europe and elsewhere. sure, the boss is actually bathing current immunity from national previous vaccination. but it's not causing more severe disease in those countries. well, actually with the m r and a buttons that work very well. the problem again is that you have more cases due to high transfer ability, you get more severe disease and more gas in those cool effects, a vaccination rate. so with the person very well. well, the vaccination right, is not good

than trying to hold china down to the ground to men handle china as if there will be no consequences. ah, well, we have some, a major update from the front lines of don bus, the head of the russian paramilitary company, wagner has confirmed their am. 500 ukrainian soldiers will kill this russian gain control over the strategically important city of solar door and the dusk republic. i confirmed the solider has been cleared of ukrainian troops and is now under our full control. surveillance were by curated ukrainian troops refused to be taken into custody, were eliminated, or on 500 people were killed. the wagner group has also been combining oh, combing through on the ground mind solves previously used by ukraine, sits to so weapons and munitions taking. a solider enables russian forces now to advance on to nearby media city of argue, most vital transportation. how that would be theoretically paved the way to other key cities. am full russian control over the dentist republic. far from the front lines, russia folders have been removing the land lines left behind by ukrainian troops in

china. first, if you look at the administration of hu jintao, you realize that a lot of the policies were concerned about today the epic military buildup where china has churning out ammunition warships at a rate we haven't seen for many countries since world war two. a lot of the domestic repression, the kind of laying the foundation for what we're seen as some people called digital authoritarianism, the sort of orwellian system that uses artificial intelligence and hundreds of millions of cameras as well as more expansionist policies is economically. so the precursor to what we now call the belt and road initiative, where china has lent out more than $1,000,000,000,000, mostly to poor countries to build infrastructure and drum up demand for china's exports. that begins in the last two years of the hu jintao administration. and a lot of this can be traced back to. the 2008 financial crisis because that really jeopardized china's rise china had been into open markets in united states and eur

china related travel stocks moved. we are also watching air china and china eastern. look at jim stocks after the u.s. secured an agreement with the netherlands and japan. we are keeping an eye on the likes of ac technologies. still ahead, we go on board the aircraft carrier as washington and beijing flex their military might in the south china sea. our special report coming right up. this is bloomberg. ♪ >> a u.s. general has reported that he is told his officers to prepare for war with china within two years. they think the fight will come following the u.s. and taiwan presidential elections. the pentagon told nbc that is not the official view on china. as tensions simmered, our chief north asian convert -- correspondent stephen engle takes us on behalf of the south china sea. quick the carrier strike force currently deployed in the south china sea punctuates the political risk in the asia-pacific and 2023 as lingering tensions over taiwan and north korea potentially escalate russians were in ukraine reminds many that this region is not safe from a military escalati

katrina you begins our coverage in northern china.eporter: he's lived in this villages whole life in the streets are quieter than they used to be. most young people have moved to beijing, 65 kilometers away. >> there are more and more old people now. too many old people in the link. five passed away recently due to covid. they were over 80 years old. reporter: the situation is similar and may parts of china where increasingly deaths are outstripping births. the population shrunk by 850 thousand people in 2022. it is the first decline since 1961, a year of great famine in china. economists say strict coronavirus measures enforced until late lyse -- late last year accelerated a looming demographic >> >> crisis. the pandemic has been the biggest constraint for people's family planning. a lot of chinese people believe the vaccination would be bad for fertility, so many families have been postponing. when it comes to economic pressure, it was an even bigger problem for urban residents. reporter: the government abandoned its one child polic

in this regard, china really depends on china now . e china is looking at the situation, what is going, what is going wrong with putin, and depending on this, it will plan in its actions, i will tell you even more damage from what i see and analyze, china may go faster than we expect, because china is starting to slip, as putin as a savior he seized the salt for the war in order to stay in power until the end of his life, and senpin can take the aggravation of the situation and the tightening of the nuts inside the country in china, not only among the gurs, but more broadly, that is, the creation of a tougher model is not easy controlled by the chinese model of an authoritarian and also such a police state, that is, then it will be inevitable that there will be active action outside, and it may come sooner , so i agree in this regard with the former national security adviser of the united states, and also just a person who of this position, when we talked with him, they said very realistic things. in many ways, that is why i agree with him and i think that the countries of the west of

and why china, according to observations and what the representatives of china themselves say, but with the rights of anonymity for foreign media, is somehow distancing itself from putin, moreover, they call putin a crazy person and actually crazy. his decision to go to war against ukraine will be with us now. oles koval , a child expert, is joining our stage p olesya good morning actually this is distancing from russia it is such a trick of the chinese really this distancing has a place to begin with because we have such a noisy article in the phoenician time it seems where not named but influential officials from beijing confirm that one of them called putin crazy and actually claimed that it is necessary to distance ourselves from russia. well, in my opinion , look, there is indeed a part of the chinese elites who are not satisfied with putin, and i do not think that it can be dominant to part of things, but it is secret, and i think everything is the highest, as it were, because first of all, putin , putin, well, china is actually fooling, yes, that is, he first said that he would t

mom has like, had on, had, had, you know, encounters with china, in their part also of the south china sea that has overlapping claims. and here you see the philippines quite pop about asserting its claims and how to, to china. i think that number one we, we wasted an opportunity with really that, that haig, when that awarded or that recognized the philippine claim on the west philippine sea as ancestral domain. ok, that was such a loss in terms of not upholding that. and that could also be a rallying cry for all the other countries in the region that have overlapping claims to the south china sea, which the china claims with that 9 dash line. so i thought that that was like, that was a wasted opportunity. if i may also tell you bed, the fisherman that i spoke to in the country when you know that have these fight offs with the chinese ship. they said that when made us feel like we could be someone, you know, we're a small player in this region. and this country, recognizing our claims, was an issue that we could stand up to someone like china. so while the philippines is doing deals wi

and china for influence in the region. since taking office in june, marcos has deepened security ties with wang sen chen. in september, he had face-to-face talks with u.s. president joe biden. they discussed strengthening the military alliance between their countries. and several senior u.s. officials including vice president kamala harris, visited the philippines in the past six months. marcos is highlighting his country's close tie with the u.s. by holding large-scale joint military drills in october. the previous administration here relied on its ties to china to try to get economic benefits, but it failed. analysts say marcos took lessons from that and is trying to use this rival ril -- rivalry to the philippines' advantage. >>> as a number of coronavirus infections continues to grow in countries like china, so does the potential for a new variant. the world health organization is easing that worry at least for now. but it says the country needs to be more open about covid-19's impact. the w.h.o. says chinese authoriti

china economic and security review commission featured witnesses who spoke about china's strategy and the indo pacific region and what it means for its neighbors and the u.s. this is about one hour and 40 minutes. >> good morning, everyone. welcome to the first hearing of the u.s. china economic security review commissions 2023 annual report cycle. before we begin i would like to extend a warm welcome to the commission's newest member, commissioner price has many years of experience working in congress on china -related issues and we look forward to her contributions through our work. thank you all for joining us today. thank you to the witnesses for sharing your expertise and for the work you've put into the testimonies. i would also like to thank the senate committee on environment public works for allowing us the use of this hearing room and senate recording studio for their assistance in live streaming this event and i also want to express my appreciation for the work of each of our staff members. they are essential to the commission's success and today in particular i'd like to t

he mentioned china. what are the implications of china as reopening on its energy market? where it's dramatic, i mean, china and the last couple of years has become globally the biggest player on the island. she market. it has successfully reduced the share of coal image and the energy portfolio. basically increasing the gas element in it. now we have seen the last one to years, particularly the year 2022. there was no increase in consumption in terms of natural gas in china. us for obvious reasons compared to and that you cannot make slow down. and now, you know, doesn't matter to whom you speak, everyone would expect this year. there will be a come back now. that may be happening, may not. but if it happens, clearly, china is a dominant player, and d and d, she market and it would be then, you know, compete was europe that put them price at dr. price is higher. right. and, well, that benefit russia, because china would be a climb of russia. right? well, i mean, right now the funny thing is russia doesn't sell so much pipe gas to europe, but it's for the balance sheet to

in order to restrain china, mr.and how can taiwan prevent a war with china, are there any such possibilities at all, first of all , to taiwan, i think that the production of chips will be moved from taiwan to the advanced one that who will control taiwan, why is there such a dispute for him, in principle, taiwan has the production of the most advanced chips and this is the economy of the new order, in fact, on the basis of these chips, uh, all modern industries are developing , so i think the united states first they will move production to the united states or duplicate it, then they will arm taiwan. well, i said that the alliances have already been concluded against china, the alliances are already active, but they will simply arm, they will arm, pump up taival with weapons, and china will see that the west will join, if there is alliances under an armed taiwan, despite the fact that the production is already in the united states, they control these chips. well, there is no point in just committing to such an adve

china might use it at some point, if china is pushed to the corner.'t think, even the further sanctions on our way will be able to have -- on huawei have impact on china's move forward. that's not going to happen. rishaad: you talked about the geographical pivot, saying if you controlled the world island which is eurasia, you control the world. as he pointed out, the former u.s. secretary, henry kissinger said if you control oil you controlled nations, now it is lithium. now, how does the whole lithium play affect, china with the chancellor olaf scholz in chile, trying to take lithium from the second-biggest deposit in the world there and slow down the whole green transition of china itself and leave it? >> well, my understanding is, my research on lithium and the clean energy transition suggests that this is not just an overnight transition for china. china has been putting effort, investment, talent in the clean energy transition for over a decade. so, china has an advantage over the area, not just in lithium, but in processing and others. not just

to town is china's image, interfere in china's internal affairs and suppressed china's development is packed with danger and hypocrisy. the u. s. japan joint statement contains manipulated a misleading narratives aimed at justifying military build up by propagating and hyping up the so called nuclear threat from china. we firmly reject this am have made serious de marsh's ties of a hill. so made note of japan plan to strengthen his military presence in, in region. and regarding the u. s. i did that washington is constantly ignoring international law, saying, quote, any existing rule that fans in the way of us interest will be ignored, replaced or even thrown out of the window. this as soon as rhetoric towards us policy grows increasingly stern with beijing, warning washington against medley in other countries border dispute with neighboring iran. the chinese site is firmly opposed tracks where a 3rd country points a finger at a bilateral issue between 2 other countries due to geo political considerations. the border question is a matter between china and india, the 2 sites have the wo

there is no doubt that various factors are streaming china's --strain china's finances. year or so, senior leadership has grown dissatisfied with the results of their billions of dollars of investments over the past decade. taken together, we can say beijing this was an appetite for investment plans and moving towards more targeted measures to prop up its chip industry. for now, it is a significant shift that they are even considering this. david: what are the alternatives though? >> one of the reporters mentioned encouraging providers of materials and equipment to lower their prices. that immediately threatens the margins and gives the industry a boost. another one is research and development, encouraging institutions to focus on chip advancements. david: there is plenty more ahead. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. 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 networ

and fact you have insisted on taking discriminatory entry restriction measures. targeting china. china firmly rejects this and has taken reciprocal measures. despite the end of it 0 cove, its strategy, china has not yet completely opened up. its borders remain largely close to foreigners, apart from business or family visits. and it requires all arrival to show a negative cove at 900 test. but as its handling of the corona virus gradually comes into sync with other parts of the world. the dispute with sad korea shows that disagreements around national policies still persist. dr. dp good assoni is an epidemiologist, an expert on global health. joining us today from perth, australia, welcome to the w news asia. i'd like to start by taking a look at what a growing number of countries are doing, asking travelers from china for a negative test or screening them pre departure. south korea for one says that this is based on science. do you think these requirements make sense from a public health perspective? i think generally, so the link travel does make sense if it's a sort of comprehensive

and china. automaker handed over just over 405 thousand vehicles to customers. that is short of the consensus bloomberg forecast for 420,000. the total was a record, the firm came up short of its goal to grow deliveries by 50% last year. the ceo of ne-yo says he expects supply chains to return to normal by april as the country adjusts to its post-pandemic reopening. deliveries are expected to fall short of the target of 150,000 cars. the company was hit hard by the shanghai lockdown last may and june. >> it has indeed had impact on us this year. with the process of china's reopening it is inevitable to be impacted in the region where we are based. the good thing is we can see the impact will be gone soon. i am very confident in the near future china's supply chain and auto industry will return to normal. haidi: still ahead, the yen starting 2023 on the front foot. the boj continuing efforts to repress yields on government debt. the effects side of things next. this is bloomberg. ♪ paul: this is

oh absolutely, i mean china, you can imagine and china with a burgeoning population, but every family having, you know, 6 or 8 kids was traditional. obviously infant mortality was an issue back then. but with modern medicine, imagine, you know, you would be blowing past 2000000000 people, the amount of resources out there, i really, you know, while this is definitely about how china is reacting to it. let's look at this in a modern context. the fact is that, you know, in the us, agriculture produces more food than the u. s. citizens can actually consume with less than 2 percent of the population. china has 32 percent of its people in the rural areas. automation is changing the way factors work. they're much less line workers, more and more people repairing the machines that are actually doing it. so i don't necessarily know that there's a correlation between, you know, this classical economic model that you need more people in order to grow. i think really as we enter a tertiary economy, it's really about having disposable income. and that means a greater and larger middle class. not

and china and china germany.s planning on aggressive expansion in india's electric vehicle market. the company told bloomberg it seeking to capture 40% of bloomberg cv sales by 2030. they entered in 2007 and will launch its third electric car, the seal luxury sedan by q4 this year. >> and so long term goal. by 2030 we want to be at least 40% of the total eb market in india. that's our long-term goal, being a global manufacturer. so that's the goal. haidi: recently as a sober, the world's money manager has an attractive investment destination, but a lot has happened since then as we await the china open. our chief china market open joins us. are there any china bears out there? >> china reopening trade is the most obvious and easy to follow macro trade in the world. you can argue against that in the short term. repositioning, covering of shorts, reallocation from asia-based funds, but u.s. funds are still very skeptical and long-term. a lot of the capital that left china over the past two years left for the same r

republic of china. o g o z, young. wow. says this is kind of what he thinks it then father judy of being why wait hand to lead a quote down. now, chase again. this is a you'll me to a jackson or john toyota j at hi. when sensually mean to fan kinda feature again, these carefully chosen words from ty, one's 1st female president sy, in when allude to the threat that china poses to taiwan the archipelago was not recognized as a nation or as a territory even by international bodies such as the united nations and the world health organization. despite being diplomatically isolated, taiwan has found ways to exist independently. since the appointment of president sy, in when in 2016, the government has developed a digital democracy with help from its young internet savvy workers and it citizens i'm o g. taunton is dish and minister. i where can not afford to government bo, with the government. and i work not for the people the whisked people during the corona virus crisis, many governments ramped up their use

that's the image of 21st century china. and yet, china needs more babies. for the 1st time in 60 years, as population is shrinking. despite dropping its notorious one child policy some years ago. chinese couples are reluctant to have more children those out. so are you feel that the economic pressure on young people is quite high, especially for those from outside of beijing who live here. it's already really difficult. for those of us that were born in the eighty's, most of us are from one child families. there's a lot of pressure when it comes to taking care of your parents and improving your quality of life in the future, you'll have audi alley. with this is an inevitable outcome. at the moment people bowling the 2 thousands which is reaching the twenty's. and right now, many young people don't want to have kids. so that's because of the economic circumstances in the social environment. so that's contributed to decline and population growth. wine, back to the 19 fifties and china's population was exploding, fueled by chairman mas believed that a large po

if we engage with china and increase dependence with china, china would eventually become benign buteen in it strengthen his become more belligerent, more provocative and much more aggressive. during that period of integration, china was opening to the united states and therefore and now has a lot of constituencies here, wall street, walmart and all the rest of them we gotta get them out because if we don't get to lose our country. maria: part of the problem this is about money and people are being paid off, let's face it you have americans from a capital firm, sequoia with leadership at sequoia, part of the bureau, how is it possible that america venture capital firm is arguably one by the ccp. >> i think it's because we have not identified china and we need to use the term, that's a term that china uses for us they declared a quote "people's war in may of 2019. we learned because we think were entitled to the oblivious, we do not care about it. we have the political class saying it's okay to be run by china, the market to be run by china. the only good thing the chinese economy rig

s. approach to china. well, rob, but i would say that this is part of biden's national security agenda or strategy . joe biden is considering this a win win win situation on one side to you actually slow down the chinese development for artificial intelligence or a weapons. on the other side, you create more well paid job them in the united states. and then also the united states gets a, gets less reliant on the supply chain some out of china. so there you have the when, when, when, what was interesting to see or read here on monday is that japan and the netherlands have been rather quiet about the agreement. so we still have to wait and see how far reaching that is. but in general, that definitely fits into a jo biden's agenda. it's looking like they're come to say, no, it's not totally confirmed, but will the us be hoping that it can bring even more of its allies on board? well, i mean if you look at germany, for instance, all of sholtes went to china in november and he took some, he also comes with but

and china. it might be a new year, but the problems markets and economies are facing are the same. it is the fears of recession and inflation. georgieva from the imf warning recession will come. but this market is not ready to bet that yet. anything that hinges on demand is doing slightly worse to unchanged, nymex crude for example, was down to start the day but now is just $80.50 a barrel. not huge gains despite china reopening, there is fears how much covid will impact the global economy. gold is at the highest since june. it had an awful year last year considering the strength of the dollar, but recession is to come, so that is perhaps something folks will be buying. the yen is at its strongest since june. this is perhaps traders betting that the boj is going to tighten more. they widened the trading band, but the boj just spent a record amount defending the 10-year yield, about $131 billion last month. finally, gas is down 8% in new york, milder weather as well as in europe. the rally contin

but uh, when we look at relations between china and russia and china says that china does not need thisc option to be found, then i sometimes you want to think that maybe if washington believed that russia could rely on more active assistance from china that this could push the biden administration to be more positive about finding peaceful options. i don't know. whether according to you it is such a little bit also such you know the scholastic reasoning. uh, if plastic is part of diplomacy that's right. yes, but if it were like this, then maybe this one would have turned out, and if you know how in gogol's play marriage yes, it seems to me that here uh? americans do a statement that they do not see signs of direct e-e assistance to china in the military way of russia in ukraine such statements. china is certainly being reassured. e, to be substituted for , china does not want any sanctions and we will not need it either, that is, the current situation, when china firstly shows an understanding of the historical roots, as i already said on your program and the political prerequisites of

, but china is domestic problems. i do not think that it is faded, that the united china will surpass the united states. i don't buy it. or can i say this, the, it seems to me that when it comes to china, the united states has an achilles heel which is much closer to home. just remember just a few days ago, and president biden heard from the president of mexico. had sent him in which may have sounded radical to the biden administration, but to latin americans. it's not, he said, the u. s. has been treating us with disdain. couple that with what happened in brasilia and the, the shaking of the brazilian democracy and the repercussions of that for the united states. remember that china has enormous interest with brazil, for example, economic interest with brazil and other nations in latin america. get the foundations of democratic systems in these countries that have voted left in latin america. and you get china looming, big on the radar in latin america, often called the backyard of the united states. erase one of the

and that is what not just in china. i also also in the was the word so because ideas can be, can be, can have, you know, can be infinitely replicated in production. so it is important to find the right way to, to share them. and then we have to leave it because obviously the debate about cave it and china is a different story for a very different day. but for now we have come to the end of this particular edition of inside. so i think all of my guess i wanted to take it in beijing when he king and bristol, and greta because they in sunglass switzerland. thank you very much. and thank you for watching while you see the program again, as he saw by visiting our website that out there a dot com. and to further discussion, go to our facebook page, facebook dot com, forward slash ha, inside story. you've also joined the conversation on twitter handle that is a inside story for me, so that all of the inside story team hearings over. thanks for your time and your company. the news ah, with the world economic forum returns to da

were he to return to china? china was adamant that the west was being conned by this camera. happy spy. their version was that this defector was actually a fugitive, who was under investigation for fraud and china. actually the facts a clear for this fraud who became a spy? this is a totally absurd loophole ridden screenplay concocted by anti china forces. they even release footage of one leads young in chords in china face and the fraud charges where he seemingly admits to being a liar on earth court documents and witness statement seems to corroborate china's version of the story bots. maybe this intriguing fairy tale was so good to pass up at that time for the western media. since it was during a period of really tense relations between australia and china. their lowest point in almost 50 years with accusations of election modeling, human rights violations, and china allegedly weaponized in trade. sometimes it really is a case of wishful thinking. bought it seems that finally australia and the west have caught on, wang has not only been accused of committing fraud against

but yeah you are right, when i first started tech interest in china and was reporting on china was around when it was untrue-ing the wto and thousand one and bill clinton delivered the sit famous line when he was trying to argue for china's inclusion in the w. trio. he said if china joined the double t o the internet will start spreading there and trying to control the internet is trying to -- and so of course the government was never able to do that in eventually it was about democracy and freedom and the rule that spreading through china. i think a lot of people believe that and i certainly believed it. and i think that china was sort of bleeding thing it as well, they were really afraid of the internet. they obviously censor it pretty heavily. but i think there was a turning point in china probably around sort of, 2011 or 2012 when social media really started to spread. in china, quite widely and i think that that really freaked them out. there were a couple of incidents one, in particular in 2011 that people may work all, it was a train crash, crash outside the city of window, new hig