russia is dependent on china in ways that china is not dependent on russia. but who is standing up for this alternative vision and pushing back most vigorously against the west? it is russia, not china. in that respect, it is not clear to me that they see themselves as russian partners and at some point russian greatness will not allow us to sustain that posture. bay: we have a question in coming from in from a member online. >> we will take the next question from robert hormetz. >> i would like to follow-up up richard's point on the trade issue. because one of the most important elements in trying to contain this grouping particularly in china, and to get other countries who you mentioned might be more attracted to china because of trade relations, the united states needs to have a coherent trade policy with countries other than the g7 oecd countries , which means a number of the emerging markets, global south. the problem is, in this administration, which you would have thought would have been inclined in that direction, it has been the opposite. like the p

china. but that this alliance is short-lived anyway. there is an incredibly good job at showing us this is an illusion, this alliance. it will not just disappear because of internal differences. it is not an alliance that can easily be driven apart. but this is something which very much still exists in the minds of europeans. what have russia and china just don't get along with each other anymore? do we really have to interfere? isn't this something that will not last anyway? there will not be strategic moves to break this alliance apart, but this is the hope which covers up the lack of european action. the last point, let me go back to one of the shapers of this russia and china approach in germany for a long time, angela merkel. there is also a perception of china especially in economic circles in europe that still sees china in pre-xi jinping times, still thinks about china as a main economic exporter that underestimates the utilization of china and also underestimates the military links

very tough on china. but my sense is, china is not freaking out about donald trump. but what is your view of how china sees the coming? trump of yours, 1st of all, congratulations on donald trump's. when in this presidential election, he actually deserved it. and now he not only has won the presidency or the republicans have now be in control of the house, as well as the send it. so it's sweeping. we for mr. trump as well as the republican party team a little bit. i mean, not to be too facetious by one party rule. well, it would never be. let me talk to you roy, in the united states, you know, in 4 years times or a year times or 12 years time, there will be a change of these issues in the white house. and for the 2 houses, it may change in 2 years. all 4 years, so i'm seeing the change is the rule of the game rather than uh, no change always continues in the same potty control of the united states. having said that, i think i do a my, uh uh, dollar trump for demonstrating authenticity indeed issue. and co

and the fact that there is only one china and taiwan being part of china on that basis. a lot of flexibility is an adapt ations can be worked out to satisfy the legitimate interests of many countries, especially the united states. because the united states care about free flow of chips and out of taiwan, which you might view, may be a very legitimate consideration. if president trump, who likes to be a president to engage in a lot of 1st goes to tie one, will china be able to live with that? no, i think if that happens, the diplomatic relations between china of the united states will be broken 1st. because china will never allow any country in the world, into the united states of america to have relations with both china on the one hand and taiwan on the, on the if you want to bets on taiwan since the united states has been on tie. while the national, who is the government several times in history, then you need to walk away from china. that's the, a quick pro cold situation. i don't think any real need to all the united states. want to solve it. you as relations with ch

china. russia would not be able to conduct the war in ukraine the way it is without chinese support for that war. the same is true of china. china's military is highly dependent on the transfer of russian arms and technology and therefore makes the problem of deterrence from a u.s. stand point in east asia more difficult than it would be in the absence of that relationship with russia. you can look at this on the economic side, on the technology transfer side, on the diplomatic coordination side and so forth. and then the fact that these two are working together and are really glued together by a shared opposition to what they believe is an anachronistic, unfairly western dominated international order that does not accord for them the space and the status and the influence that they believe they deserve by virtue of their history and their civilization and their interest and geography and power means that they're now alternatives they're trying to put on offer, not just for russia and china

most about china? and they are interrelated in terms of those questions. >> david, to the first question, china is both, they're both an adversary and a competitor. but they should be more of a a competitor and less of an adversary then and it's the other way around right now. we want to compete with china. we want to compete with anyone. american greatness is founded on competing in winning on a level playing field but that's not what's been happening and that's not what has allowed china to rise and what we now see from what you talked about the threat report from the intelligence community that china is our greatest adversary in the sense of the only other nationstate that is capable of challenging and even supplanting the u.s. as the world superpower, economically, militarily and technologically. we talked appropriately, david, about the great power competition that has become a term that we talk about in dealing with china and russia and its appropriate but i d a term with in it which is a greater

and the fact that there is only one china and taiwan being part of china on that basis. a lot of flexibility is an adapt ations can be worked out to satisfy the legitimate interests of many countries, especially the united states. because the united states care about free flow of chips and out of taiwan it, which in my view may be a very legitimate consideration. if president trump, who likes to be a president to engage in a lot of 1st goes to tie one, will china be able to live with that? no, i think if that happens, the diplomatic relations between china of the united states will be broken 1st. because china will never allow any country in the world, into the united states of america to have relations with both china on the one hand and taiwan on the, on the if you want to bets on taiwan since the united states has been on tie. while the national, who is the government several times in history, then you need to walk away from china. that's the, a quick pro cold situation. i don't think any real need to all the united states. want to solve it. you as relations with chin

it is on the budget. -- rachel reeves back from china.— back from china.t is a question of _ back from china. it is a question of timing. - back from china. it is a l question of timing. right back from china. it is a - question of timing. right now interest rates have gone up and that will have an immediate effect. it is already affecting how the market is expecting rachel reeves to manage the physical conditions. will she have to announce more austerity or tax hikes? these are offsetting factors for growth. because the spelling has gone down, will the bank of england not be able to cut interest rates as much as the market had been anticipated? and that is another factor. been anticipated? and that is anotherfactor. where is the been anticipated? and that is another factor. where is the ai effect is likely to be a more subtle, a more gradual effect so the timing of the two issues are not necessarily a natural offset. yes, ai will hopefully generate productivity and growth over the medium and longer term but unfortunately hit to interest rates will have a

in china right now?interesting phase and i say that aware that donald trump is about to come into power but ultimately it feels like there might be an opportunity for the u.k. to chart a slightly different path. it's pretty obvious at the moment that we have not put tariffs on electric vehicles and i know that was discussed between rachel reeves and her counterparts in beijing so there are potentially opportunities to carve out a different way of engaging with china and certainly something we saw in our sentiment survey was increasingly british companies are seeing opportunities to support chinese companies going globally. our financial services and legal services are world class and i think that is something where our members have seen real positivity this year and helping china to navigate the global landscape as it goes global. >> what are the remaining challenges that your members bring up for you when it comes to that market share and opportunity in china at a time of slowing chinese growth? >> it's

could send to china.lightly hopeful that trump will pursue calls in which he tries to coerce putin with more help for ukraine in which he coerces putin for something acceptable for ukraine. >> the other side, if the war is coming to apparent n end, they have to spend as much money on that. i would like to understand what is the influence or lack of it from china in this whole context. what is the role they are likely to play when you think about the arrival of donald trump at the white house and how russia and china have been at least on a trade front working more closely together? >> well, china has been drawing closer to russia or more recisely, china has drawn russia more closely to it. in a way, russia is a satellite to some extent to china. i think with the trump tariffs ideas and unpre-dict ability, they have to not harm trump too much because trump is the one to respond with hefty tariffs on china. in a way, china might now think twice about really helping putin more than it has done so far and tha

and china -- u.s. and china, or do we focus on u.s.china coordination on challenges and third countries? and i don't think we landed on one. i think we need to continue to probe where there's more opportunity. but it was certainly a theme of our conversations. and i mentioned on that note that -- we did do some conversations and workshop looking at international institutions aside on how track twos can be made more effective in the new environment. and one of the observations we heard on each side is that sometimes these track twos are more productive when focused on multilateral issues opposed to bilateral issues which are simply too contentious and a third party is brought into the conversation so i think triking alating thinking about conversations bilateral relations in a broader context, might be a common, common thread here. i want to open up to our audience i'll call on the men first -- [laughter] >> but i see we have a question back here. >> my name is roger, and i'm an editorial contributor on technology policy for the hill ne

and to further products. lay at home is an international security and china expert. so what we're seeing now is that china is linking these 2 things to improve their becoming a trend porter through the opening of chunky ports. but those living next to chunk kite sate their efforts to make sure the port met environmental standards faced serious opposition. and so let me see what that got for is does accept this for math in a professor, and to call them him for his b. o. nancy, so me some last you so that means that for the neutral then you'll be feed line easily. he star medium lives next door to chunk chi, literally the walls of her home or adjacent to the chunk chi porch. nancy little style know me to know is a center level that's for next z in this inductive. so i'm assuming that the metal springs that may have to use those associates for more or less the neil. so for the in the you have to see on this order how the would have done this. that's the thing that they say the so this is not not see it's in the us and a few minutes close up the basis for the family. we'

and china expert. so what we're seeing now is that china is linking these 2 things, improved through becoming a transporter through the opening of chunky port. but those living next to chunk high state their efforts to make sure the port met environmental standards faced serious opposition. dropping somebody needs to see what that got for the stuff and stuff, but for math and my probation, the need to call me in for a cl. nancy, so me some last is still happening for the new children you'll be feeding. my name's lacey star, medium lives next door to chunk chi. literally, the walls of her home are adjacent to the chunk chi porch pain meds at old style. know me to know is a center level with us for next me in this inductive. so i'm assuming that since i made those things, i may have to use those associates to some of the neil. so for the in the you have to see on this order, i probably would have done this faster. that's the same vs. so this is not, not c as in e s, as in minus close at the basis for the

and china. pointta that i i came up with that and i talk about that is you mentioned my time in congress, on intelligence committee, i became director of national intelligence and i was on other side of court curtain it wasor clear that china and china alone presented greatest national security threat. that was not something that i had seen as a member of congress. irwas pleased to see in unclassifiedt respect a recognition and a it is about that, that china poses that threat. unfortunately, what worries me most about china is that they have a lot of momentum, they didn't just become our number one adversary over night, we should have been talking more honestly and candidly, of china. how they are a near peer competitor to u.s. in so many places we look up on, what worries me, they are a near peer competitor and they have a lot of momentum and unified focus. in their effort and the way they are approaching this they want to replace u.s., they have a lot of resources to devote to that and dedicat

you said neutral on china. can you help us- china.situation it finds itself in going into 2025? ., ., , , , 2025? for china the issue is about disinflation, - 2025? for china the issue is about disinflation, the - about disinflation, the property market, so fairly weak and if you add the risk of tariffs that could provide additional headwinds. a lot depends on what policymakers do. they are easing policy and i think a lot of attention will be on whether they embark on more fiscal polities of support, grow directly for chinese consumers, so you want consumers to start spending again, so that is really the crux of the issue. we're tracking developments around the nippon—us steel takeover that presidentjoe biden officially blocked last friday. shares of nippon steel are down in tokyo today, after nippon television reported that the company's president, tadashi imai, was considering filing a lawsuit against the us government. according to the report, imai also said his company is entitled to a proper review of washington's decision to blo

live at home is an international security and china expert. so what we're seeing now is that china is linking these 2 things, improved sir, becoming a transporter through the opening of chunky port. but those living next to chunk high state, their efforts to make sure the port met environmental standards faced serious opposition. corporate, somebody wanted to see what that got for the stuff and stuff but for messing up real fast stuff and to call them in for a cl. nancy, so me some last you so i'm going to put a new chosen, you'll be feeding. my name's ricky star, moody. i'm lives next door to chunk guy. literally the walls of her home or adjacent to the chunk chi porch. nancy little style p. know me to know is a center level that's for next me in this inductive. so i'm assuming that since i made those things, i may have to use those associates to some of the neil. so put in the you have successfully on this for the best estimate and that's the same vs. so this is not, and i see it's in e s as in minus closer to the basis for the both of them.

next up, china.ll competition from huawei and the hardware front, but beyond that, apple needs to get the government to approve apple intelligence. i asked tim cook about the trip to china, he says talks continue. apple needs apple intelligence for chinese consumers. for cnbc business news, i'm steve kovach. >>> returning to one of our top stories. investigations are continuing in new orleans after an army veteran flying an isis flag from his truck rammed into the new year's revelers killing 15 people and injuring around 30. jay gray joins us now from new orleans. jay, just give us the latest. >> reporter: yeah, silvia, as you can see, this area is still locked down. an early hour in the early morning here, you would normally see revelers still coming out of the french quarter kind of lingering along the streets on canal. you don't see that at all. in fact, there is an eerie silence in the city right now. a tension here. so many, like investigators, searching for answers. the suspect in the case, sha

china is the u.k.'h $68 billion worth of trade going from china to the uk last year. miss reeves will be the most senior british official to visit beijing in seven years. as you mentioned, a concerted effort by labour to build bridges with china and ties have been strained in recent years, with allegations of chinese hacking and spying and its jailing approach pro—democracy figures in hong kong. ms reeves �*s tavern �*rust�* travelling to china with the governor of the bank of england and the chair of hsbc. as for what is in it for china, one of the main goals is more cooperation on financial services. china is moving up the value chain and the uk could help given its expertise in services and financial services. china is expected to be at the sharp end of donald trump's aggressive trade policy, which could result in tariffs of up to 60% on all chinese goods. chinese officials are already contending with the rapidly declining currency and a stock market sell—off and a protracted property crisis. the uk

the nearly $1.5 billion port majority owned by china's cosco shipping, is china's latest belt and roadtaken the us as peru's main trading partner, a trend that could widen across latin american countries, as donald trump threatens tariffs under his america first policy. critics warn of overreliance on china and jeopardising the existing relationship with the us with some of trump's aids pushing huge tariffs on old merchandise coming through the port. but for peru's minister for foreign trade, ursula leon, it is not a cause for concern. translation: our agreementsj enhance with china enhance our competitiveness without compromising other markets. peru must navigate a delicate balancing act. for now, the port stands at both the beacon of opportunity and a source of uncertainty in a world bracing for heightened trade tensions. apple's board of directors have recommended that investors vote against a shareholder push to abolish its diversity programmes. it comes after a conservative think tank proposed that the company drop dei as it increases the risk of possible litigation. apple has sin

talking trade — the chancellor rachel reeves heads to china to reinforce uk china ties.ut pressure mounts back at home, with the sterling continuing to fall. tiktok�*s last chance — the social media platform will make a final plea at the us supreme court today to block a new law which could shut it down in america. and clamping down on touts — the uk unveils a plan to put a price limit on re—sold event tickets. welcome to business today, i'm tadhg enright. the british government has been defending its handling of the economy after a turbulent day on the markets on thursday saw the pound drop to its lowest level in more than a year and government borrowing cost surge to a 16—year high. today, sterling is down once again as pressure mounts on chancellor rachel reeves. she's on her way to china with a delegation of city executives, as labour seeks closer economic links with beijing as part of its quest for growth. our asia business reporter sura njana tewari has more. rachel reeves under quite a bit of pressure over this trip to china, given what's going on on the uk market

mil speaking about rachel reeves in china. , speaking about rachel reeves in china. �* , china.ppening in _ china. all sorts of things happening in the - china. all sorts of things i happening in the economy china. all sorts of things - happening in the economy this week, cost of borrowing has gone up. rachel reeves as a trainer to start discussions with the government there about how britain and china are improving their change and have attained about 600 millions, quite amount —— like a small amount of benefits. it should not be there with a cap in hand, as he pleaded. the trouble that government is facing on the economy is partly due to the difficult situation that they took over when they won the election. my chancellor, said that the previous government, liz truss and rishi sunak, what they did to the economy cannot be blamed. to the economy cannot be blamed-— to the economy cannot be blamed. , , blamed. the first thing they did when they _ blamed. the first thing they did when they came - blamed. the first thing they did when they came into - blamed. the first thing they i

peace _ translation: china's efforts to promote peace talks _ translation: china's efforts to promote talks and - promote peace talks and political settlement have been well recognised by the international community. facing global challenges only through solidarity and cooperation can we jointly opened up a bright future. china will work with the uk as strategic partners to uphold open cooperation and tap into corporation highlights to achieve results, adding new impetus and positivity to a development of our relationship. past experiences have shown as long as china and the uk respect each other, see common ground or aerial sharing differences, our relationship will be able to achieve sound development. hong kong can become a bridge for even closer cooperation between our two sites. both sides agreed to step up collaboration between competent authorities in economic and financial sector and compare notes on the implementation of deliverables and priorities. to make cooperation deeper and broader. both sides agree also to hold the next dialogue in the uk at a proper time. thank you. t

china can be helping the us in general.

well, rachel reeves has gone to china.unny to see if anything she does there is in front of the same golden boat. well, certainly it's creating as many headlines, this trip, as that one you're talking about. so we'll discuss that on saturday's newscast. newscast. newscast from the bbc. hello, it's laura in the studio. and it's paddy in the studio. and it is saturday, and we are talking about china for a good, serious reason, because rachel reeves is off on her travels, trying to, you know, warm up the connections in order to do business with china, which is, you know, a massive mega economy that she believes very strongly the uk cannot ignore. it's the world's second biggest economy and the uk's fourth largest single trading partner. but she goes there at a pretty sticky time when her political opponents are saying she shouldn't have gone at all. yes, she says, "not engaging with china "is no choice at all." she's written her own article in the papers today, which i've read, and here is rachel reeves explaining why she's t

china related perspective.zy: i mentioned ai. do you think it will be less of a u.s. focus played this year? >> ai was a big deal last year. it is this year. our focus this year is on enabling technologies as opposed to the big ln dems -- l and m's. you have micron technology about high-bandwidth memory, kal, a testing software company, but there is a european story. vat group. valves are critical to create a vacuum is within the semi minute process, and this is a very levered play into this. it is to keep it clean. lizzy: i also went to rescue, because this is what interest me about this list. what are your biggest leftfield ideas this year? >> that is an interesting question as i think through this. when that jumps out, and it is a household name is porsche. along with some of the other big auto manufacturers, it has tanked. we think that is an interesting story in 2025. some they have already announced , others that they will. we think there is an interesting, new product driven story to come through. lizzy:

part of the quality corporation that going from bodycote in china under the belt road and there's a china state own costco shipping company, owns and majority 60 percent stake in the port cruise publicly held volk and companion. i mean eta on so run a partnership. we'll get to a bit later costco shipping is also part owner in numerous terminals across europe, asia, the middle east, and the america costco says it intends for chunk high to be a major transport time that will connect to china to peru and the rest of latin america, costco says that a direct route from trendkite to shanghai, significantly reduced and shipping time. nearly to kilometer long tunnel connects the ports, the pan american highway. goods from china can arrive and be distributed more quickly. it has the potential to dramatically change, peruse economic reality, but not everyone is happy about it. a good for you to bump it up at the new. ok more if you go to the state, use us with how many of us data is to what is the now police department associated? like, do you pick it on a piece? on the other hand or tv knows leads

so like a futures in china. this is creating social boss and really attracting those consumers in china. so when they're reading this kind of social boss is easily attracting those consumers why more price closures and looking for a value in china. but what we see is that at the desk do having us from customers taking us over there. so the strong cosmetic in us is actually supporting the performance of that. but, but if we look at overall pictures, uh, customer ones, you more size change. and also the company shows is really affecting at the, in china, locally. so this is 1000 can see of a preference. what does apple the need to do to regain its foothold and still in the top 5 in china? i mean, i have a time slipped out, but what does it need to do to regain? can see have a preference cuz they have to win back consumers in china. yeah, it need to create more while factors. so right now what we are looking at is a i, but uh, when it comes to a i, when it comes to china, it needs the approval from chinese governme

china has ten times as many people.re multiple levels in china where xi jinping can put pressure on, particularly on foreign companies that are doing business there. and i think that is really why xi jinping is much more of a challenge than it was with the japanese. do i see a deflationary economy in china? i think this year will be worse in growth than it was in 2024, but i don't see any significant value added because of it that. >> dennis, this is karen. when you see this tit-for-tat ratchet up, where does the u.s. threaten to withhold grain sales to china. >>> how do you think this escalates? >> i don't know who president trump's going to do. my guess is, is that on a broad spectrum he will immediately raise tariffs as soon as he gets in. that will essentially target those industries that have technologies that the u.s. considers to be of a national security thing. as a result, that's why china yesterday took boeing, lockheed and raytheon and said we are not going to sell any parts coming out of china on a dual use

and china promised a lot. it promised that the existing ways the existing freedoms in hong kong would survive for 50 years own currency tax, administration, government, common common law, freedom of press freedom of assembly, freedom of religion all the freedoms that we in open take for granted. this was further codified the basic law, a sort of mini constitution that china wrote and imposed on hong kong and it did promise as you to move towards full democracy which i mean think about it it's just not a big deal honestly. was electing the city council, electing the mayor, the chief executive of the legislative council, even little things proved to be too much, for china. and as you said in 2014, they, they, they back those promises. and the people of hong kong enough. you know, it's been almost decades and you're moving us. what about all these promises? and that's when the students took to the streets and you know very different dynamic between the students and jimmy and apple daily. but they were all trying

u runs the risk of falling behind both china. i'm the united states in terms of competitiveness and g, d, p. that comes as both france and germany. the use power houses both face of economic downturn and political crises, despite various measures taken by e. u. member states, stronger growth isn't expected in 2025. so let's review 2024. look ahead to 2025 with our panel of experts with joint from london. by then i'll have phase found a n c o of micro hive from single pool. we're joined by deborah elm, this head of trade policy at heinrich, that's an organization of a 100 foundation, which is an organization specializing and trade research and from london in gold and a professor of globalization of development at oxford university. welcome to you will fill out. it felt like a wild roller coaster at times of what sort of year was 2024 economically was a good, bad, perfectly average. well, you're absolutely right. it was the right across the road. it depends who you ask, but given that stocks were off, the overall given the fact tha

the conflict with china? well, it's 2025. go ahead. i think that's a, again, a china will be definitely a preoccupation of the trumpet ministration via the kind of an interesting because it's obviously going to be in economic conflict. i mean, i don't think it's going to be about taiwan trowbridge show. no particular interest in the whole taiwan issue, any effect on like buying him. he refused to make any commitment to coming to taiwan. was assistance in the event of an invasion. so i think it's going to be, and he's going to wage a serious uh, economic war against china. and particularly he's going to wage a war against china throughout the world. you know, he's going to crack down the countries that are doing deals with china. you know, some of this is going to stop black mainland extorting countries that are assigned onto china, including for including friends and allies. exactly. you know, just you sign on through this with, with china, you know, you're going to have, you know, the china is going to build a portfolio or railway for

including china. supply chain shocks, igloo company opened up factories in south korea, vietnam and malaysia, but most of their production still comes from china. would you move any of your manufacturing to the us? we have manufacturing to the us? - have thought about mexico before but tariffs are probably only going to rise in mexico as well and i'm looking at a couple of manufacturing partners in the region. in the us specifically. are partners in the region. in the us specifically.— us specifically. are you nervous _ us specifically. are you nervous about - us specifically. are you nervous about this? - us specifically. are you | nervous about this? for us specifically. are you - nervous about this? for us, it is or is important _ nervous about this? for us, it is or is important to _ nervous about this? for us, it is or is important to plan - nervous about this? for us, it is or is important to plan for l is or is important to plan for the future, plant of the worst, hope for the best. we are not

you know, just you sign on through this with, with china, you know, you've been a, you know, the china is going to build a portfolio or railway for you. you got a field, the ross of the united states. i think that's always good to wait wage. this war against china market, the last pontificating words without giving a prediction. go ahead. yeah, i don't. i don't think we should completely write off military conflict with china as, as the tariff or will escalate the economic war. tensions will grow on the ground and is trump has brought people in notice the deputy secretary of state l bridge. colby is one of the most blaming war mongering. china hawks imaginable. and trump may not care about the taiwan straits, but the taiwan straits care about, you know, him, right. they, they, they, they care about, you know, the united states and the south china sea might be an even bigger flash point. then the taiwan straits. although intrinsically they are linked together. so, i mean, again, there's only 3 types of, of us, of foreign policy and political lead. they all want war with russia, china, e

and china on climate. not only of the governmental levels, but the nongovernmental levels, academic and research levels. very, very good work. we need to build on that and find the areas of cooperation. what we have to aspire to, in my view, a relationship of constructive competition. it will be competitive. but constructive competition as opposed to cold war and potential conflict. and we have to really go to work at this and be consistent and do it on a professional basis, quietly come every day, day in and day out, and make it a number one priority. brian: i want to turn these folks loose on you and take a couple of questions from the audience. there's a little bit of energy in the room so i'm going to merge a couple of questions. let's start here with barbara upfront and then we will go back to the lady in the black sweater. >> great to see and thank you for your support. over the last 15 months in particular, i've been thinking a lot about international accountability, crimes against humanity, double

china has now drawn the u.s. and europe closer together vis-a-vis the indo pacific than ever before. why is it in their interest to be throwing in their lot with such an excellent group of iran, china, and north korea? >> they would deny the premise. from china's perspective, given the intent and the capacity it has come unlike any other country, to try to reshape the international system and do it in a way that is more reflective of its interests and values, knowing that we are the primary challenge to being able to do that, if another country or countries make life more difficult for us, that is something that it is going to look at and maybe take part in but i do think it puts china in an increasingly difficult position because if it aspires to this position of leadership, if it wants to be seen as a responsible power, it cannot on the one hand, for example, be saying that it wants to make peace in ukraine while on the other hand fueling the ongoing aggression. 70% of the machine parts that russia is importing

we will look at what's in store for us—china relations.lus, trump wants greenland but does greenland want him? we hearfrom a danish lawmaker and some greenlanders in a special report. welcome to newsday, i'm steve lai. we begin in los angeles, where fires continue to rage with attention turning to forecast warnings of an increase in high winds overnight. authorities say they are prepared for the change in weather, which will put the whole of la county under fire threat. so far, 2a people have been killed and several others are missing. tens of thousands of people have been forced to leave their homes and officials say they will not be able to return for at least four days. these wildfires are on track to be among the costliest in us history. accuweather has increased its preliminary estimate of financial losses from the blazes to between $250—275 billion. reiterating those sentiments, california governor gavin newsom said that 1a,000 people are actively working against the fires in what he says could be the worst natural disaster to hit th

so china, what china is doing right now is just an answer to the increase of, uh, width and sales to taiwan. we've seen a rapid increase of sales of those weapons and it is clearly assigned to the us wants to enhance that patients. in the taiwan straits, we see probably in the coming. yeah. or there might be a resolution in the conflict, the new quade. and is clearly a shift when you look at the, the, the team a chosen by then. we are going from a team of by trucks story. we're going from a, a t mail from of by then which was very rooster for big to a team selected by truck, which has a much stronger focus on china. so this is, uh we, we could imagine that the gcs in hand stations in the region, and also mainly related to width of stairs to taiwan. because ultimately, it is going to be of about the, the patient that of a similar to what happened in ukraine. they would use a title along the same as they used to clean fight for a shot to the last to clean and fight. i was fight china to last time when these yeah, i'd like to sort of pick couple up point you made about the fact that thi

the made in china 2025. all of the military-civil fusion initiative, where they literall want, by law, chinese companies to collect intelligence. these are all spokes of the same initiative. and that's for china to issue plant us as the world's superpower and be able to set standards around the world. we clearly do not want an authoritarian regime like the chinese communist party setting standards in the world marketpl i look forward to sitting down with you, if confirmed, about how odni and the other 16 elements are dedicated to the rising threat that is china, which i view as our greatest threat actor. sen. blunt: russia is another great threat. do you want to talk about that for just a second as i conclude my questions? rep. ratcliffe: you bet. different because with russia, we are concerned with russia in terms of anytime you have a large nuclear stockpile. they are certainly dedicated to sowing seeds of discord. we are most concerned with them with regarded to election interference and making sure we ha