both countries have taken a different approach in their dealings with china. australia's relations have deteriorated with high level economic talks with aging now suspended indefinitely. australia was a major voice in pushing for an independent investigation into the origins of the core of our span. demik. china hit back with tires on australia and import australia events suspended large investment deals and blocked chinese firms for involvement in a 5 g projects. but new zealand has been more reluctant to challenge a gene and opt out of a joint statement with western allies condemning a crackdown on civil liberties in hong kong. china is new zealand biggest trading partner and he has expanded trade deals with aging. as australia relations continue to decline, early i spoke to autumn nie, who is the director of the china policy center, which is an australia based thing. time he says, you zealand challenges, china, but he is reluctant to do so collectively with a child life. well think about the similarities and divisions. many folks in both country recognize the complexity and the balan

based on the current attitude of the astray and commonwealth government towards china australia corp the national development and reform commission of the people's republic of china decides to indefinitely suspend all activities under the framework of the china australia strategic economic dialogue so one in a back a bit tensions rose between the 2 in 2018 when a stranger banned the chinese telecom china while away from bidding for its 5 g. network and passed a foreign interference laws to take in is targeting beijing cameras also backed an international probe into the origins of the corona virus pandemic strain as trade minister described the chinese statement as disappointing it appears to be the latest in a tit for tat relationship that seen this trailer also scrapped to deal with china in its belt and road initiative cameras also reportedly reviewing the lease of the darwin port to a chinese firm over national security concerns business expert in surrey university professor liu xiang told us he believes the dispute is going to hurt a stray or though much more than china as truly c

i've taken a different approach in their dealings with china. australia's relations have deteriorated with high level economic talks with beijing now suspended indefinitely . australia was a major voice in pushing for an independent investigation into the origins of the corona. virus pandemic. china hit back with terry's on australian imports. australia then suspended large investment deals and blocked chinese firms from involvement in his 5 g projects. but new zealand has become more reluctant to challenge beijing and opted out of a joint statement with western allies condemning a crime down on civil liberties in hong kong. china is new zealand biggest trading partner and it has expanded trade deals with aging as australia is relations continue to decline that speak to me about this item is the director of the china policy center, which is an australian base thing. conky joins us from leap fake in germany. good to have you on the news, our atom. so the changing dynamics with china, no doubt, a big topic of discussion as a leader street in new zealand. mead ave, on the same page when

to a multi decade low since beijing blocked imports of australian goods over the past year china is australia's largest trading partner katrina he joins me now from beijing between high relations between the 2 have been great in recent months but why is china doing it right now. that's right and just in context about these meetings they were designed to improve and strengthen the economic relationship between china and australia but these meetings haven't actually been held since 2017 and this announcement was announced by china's national development reform commission a very important body here in beijing and it essentially is symbolic it tells us what we already know the relationship between china and australia is in a deep freeze and it doesn't look like it's going to improve anytime soon and it follows the decision by canberra to toss out an agreement with the victorian state government of the states in australia with beijing under china's belt and road initiative and we also know that australia is currently mulling over scrapping the 99 year lease of the chinese guy of the northern port to

based on the current attitude of the straightly and commonwealth government towards china australia corporation the national development and reform commission of the people's republic of china decides to indefinitely suspend all activities under the framework of the china australia strategic economic dialogue tensions rose between the 2 in 2018 when a stray or band chinese telecom giant while a from bidding for its 5 g. network and past foreign interference laws then taken is targeting beijing camber is also an international probe into the origins of the coronavirus pandemic. trade ministers describe the chinese statement as disappointing it appears to be the latest in a tit for tat relationship that silla strayer scrapped 2 deals as well with china and its belton road initiative congress also reportedly reviewing the lease of a darwin port to a chinese firm of national security concerns business expert in the surrey university professor you sean believes the dispute is really going to hurt astray much more than china. a straight out china relationship it is a much more human potent co aunt's a

the new development reform commission halting activities under the china australia economic dialogue.to watch the strain in the tie between china and australia, it seems things are not getting better. they also mentioned they are halting these activities with australia indefinitely, and a destruction of cooperation with china is indefinite. a lot of questions about what this bring next when it comes to the countries. things are still not looking good. haslinda: that's right. geopolitical concerns coming to the forefront. not just australia, also europe putting pressure on china. still to come. g-7 nations target china with a list of concerns that could worsen relations with beijing. details just ahead. this is bloomberg. ♪ haslinda: diplomats in the g7 nations made out a laundry list of concerns that will get under china's skin. let's get details. the g7 deeply unhappy with china. what did it say about china that could irritate beijing? >> the statement from the g7 countries address human rights, sensitive issues for the chinese government. in particular, the statement we have heard t

multi decade low since beijing blocked imports of australian goods over the past year well china is australia's largest trading partner of katrina a year has more from beijing. but these meetings haven't actually been held since 2017 and this announcement was announced by china's national development reform commission a very important body here in beijing and it essentially is symbolic it tells us what we already know the relationship between china and australia is in a deep freeze and it doesn't look like it's going to improve anytime soon and it follows the decision by canberra to toss out an agreement with the victorian state government one of the states in australia with beijing under china's belt and road initiative and we also know that australia is currently mulling over scrapping the 99 year lease of the chinese guy of a northern port to a chinese company and that lease is worth $318000000.00 and it's now many exporters in australia rely on china's gigantic market so china has responded by blocking many of the exports to china it's raised tariffs it's really significantly and put extra

australia and new zealand. new zealand has decided to beg, can breath in its dispute at the world trade organization over 80 percent, tariffs that china placed on imports of australian barley. now that move was seen as retaliation for australia's backing all the coal for an international inquiry into the origins of the cova. 19 pandemic. dennis shanghai, and he's the national editor of the astray leon newspaper. he suggests a stray the could ease immigration policies if just entered and supports it in its dispute with china. freya has taken a strongest stand against china's aggression in the area and has also suffered much more of the pressure from china. we've had bands on, on bali and wine sea food and coal of course, and we have been taken to the w t o on the issue of the bali exports. now, new zealand has been much less affected and much more likely to call on the side to publicly to take a soft line towards china. the view in australia is that we can't afford to do that, and i don't want a gap to appear between a strider and zealand because of chinese pressure. the trends tasman migration is one area where new zealand could actua

i don't me, as the director of the china policy center, which is in australia based think tank. he says, new zealand challenges china, but it's reluctant to do so collectively with its allies. i think that about the similarities end divisions. many folks in both country recognize the complexity and the balancing at that requires to navigate the respective relationship with china. i think the difference is that for stella, the devaney is far more acrimonious than in your deal. trying to debate that is showing government has adopted a much more hotline approach than, than using government has adopted. wellington has really worked the phone lines on balance, human rights concerned with economic interests. in essence, new zealand doesn't really want to and up way australia has an up in a spot where it has been economically punished by, by china. or we have this idea that new zealand has, has been soft on china, but in fact, in leland government has spoken out against human rights abuses in express its concerns in hong kong and asia. john, for example, it's just that it's chosen a dif

rally against the government in colombia and demand an end to police violence i knew bro for australia china suspends an economic dialogue the latest setback in their strained relations and heavily pregnant and facing a 10 kilometer walk for water will tell you what's driving a drought in northern uganda. u.s. president joe biden has backed a proposal that would temporarily lift intellectual property rights for 1000 vaccines it would help millions of people in poorer nations get inoculated by allowing more manufacturers to produce jobs by can i reports from washington. president biden has backed the vaccine waiver jaring the 2020 presidential campaign and in recent weeks his team has held a series of discussions with representatives from the pharmaceutical sector the middle of the it was u.s. trade representative catherine time who made the announcement. these are extraordinary times and circumstances of call for emergency measures she tweeted the u.s. supports the waiver of protection on covert 1000 back scenes to help in the pandemic and will actively participate in w t o negotiations to m

have plunged to a new low since beijing blocked imports of australian goods in the past year china is australia's largest trading partner katrina you has more from beijing. but these meetings haven't actually been held since 2017 and this announcement was announced by china's national development reform commission a very important body here in beijing and it essentially is symbolic it tells us what we already know the relationship between china and australia is in a deep freeze and it doesn't look like it's going to improve anytime soon and it follows the decision by canberra to toss out an agreement with the victorian state government one of the states in australia with beijing under china's belt and road initiative and we also know that australia is currently mulling over scrapping the 99 year lease of the chinese of a northern port to a chinese company and that lease is worth $318000000.00 and it's not many exporters in australia rely on china's gigantic market so china has responded by blocking many of the exports to china it's raised carrots it's really significantly and put extra restrictio

australia and new zealand. new zealand has decided to beg, can bring in its dispute at the world trade organization over 80 percent, tariffs that china placed on imports of australian barley. now that move was seen as retaliation for australia's backing all the coal for an international inquiry into the origins of the cova. 19 pandemic. in the next hour or so west african leaders will need to in ghana to discuss the political crisis in molly, the colonel behind the military coup last week has been named interim president. see me going to replace his bon dow, who was arrested and then released on thursday, but only after he agreed to resign. nicholas hawk reports from by mikko. in the bank street downtown by miko, a booming and eliza trade in gold. young men risk their health using poisonous chemicals to purify, $16000.00 worth of gold. the job earned them around $2.00 a day. the gold bar will be sold on the international market, explains this trader who wants to remain anonymous. he says his gold could be more valuable than money now that colonel, se me go to has seized power from the civilian government. the west african regional bo

china is not so angry with australia _ come from here. . china is not so angry with australia that it - angry with australia that it will blow up its own future but over time more options china's economy moves towards a consumption driven model rather than an investment one it is its own demand as well. aha, than an investment one it is its own demand as well. a photo of china's _ its own demand as well. a photo of china's president _ its own demand as well. a photo of china's president drinking - of china's president drinking the wine maker's best shiraz. a proud moment and a reminder of happier times. new regulations kick into effect in india today, requiring social media companies like twitter and facebook to comply with a new digital code of ethics. the government has said if the companies fail to follow the new rules, they could be blocked orface criminal action. the new rules come at a time of tense relations between the indian government and social media giants operating there. 0ur india business correspondent arunoday mukharji has

australia and new zealand. new zealand has decided to beg, can bring in its dispute at the world trade organization over 80 percent, tariffs that china placed on imports of australian barley. now that move was seen as retaliation for australia's backing all the coal for an international inquiry into the origins of the coven. 19 pandemic. more talk famed, reinstate in the around 2015 nuclear agreement, have resumed in vienna. global powers have been holding talk since april and a bit to bring the us back to the deal around the says it's optimistic and agreements will be reached, although it's warning. serious issues remain last week around which to deal with the us nuclear watchdog to continue to allow inspections of its nuclear sites for another month. mark fitzpatrick is director of the non proliferation program at the international institute for strategic studies. he says, a number of hurdles remain. although iran has been talking optimistically. i still don't see a key concession that iran will have to make. they still seem to be talking about demanding that all of the sanctions imposed under president trump be lifted. and that's

because china is exacting heavy economic sanctions against eyes -- against australia. bilateral trade is going up. . the iron ore trade is booming. in terms of the amount, and also the price, so that is supporting the relationship. i suspect china is tearing its hair out over that. the other problem with looking for a circuit breaker is australia is locked into the u.s.-china tension as well, along with other u.s. allies. if that does not substantially improve, then it is difficult for australia to go out on its own. we do need to see some creative australian thinking, if the government does want to restore the bilateral relationship to a more even keel. we are not seeing that at the moment. shery: bloomberg has learned the u.s. may be preserving limits on u.s. investments in certain chinese companies already. could we see this coalition of like-minded allies become stronger? we have seen moves from europe as well to curb tides with beijing. richard: that is exactly the point. so-called like-minded countries, western countries, whatever you want to call them, are trying

australia and new zealand. new zealand has decided to beg, can breath in its dispute at the world trade organization over 80 percent tariffs that china placed on imports of australian bali. now that move was seen as retaliation for australia's backing all the coal for an international inquiry into the origins of the coven. 19 pandemic. you're going to back to thailand has died while on a resort island with his family. police suspect 44 year old and re besta, died from heart failure. after he collapsed on lipa island, his family said he was feeling fine, but he suddenly became ill and fainted. ashes, bodies being sent to a hospital for an autopsy is being brings ambassador to thailand is 2016. those growing anger at several controversial proposals by india as governing b. j. p for the group of islands and the baby and see actual deep has 36 islands in the south western coast of india, of which only 10 uninhabited new proposals include land acquisition for developmental projects. a 2 child limit for those running in local elections. a bond on beef and permission to sell alcohol and an over family muslim majority region. the government

zealand they are warning exporters to diversified trading, the relationship as we saw in australia, worsening with chinaaking with a guardian describing australia as being close to in the eye of the storm in terms of its relationship with china. and says it may be only a matter of time before the storm gets to new zealand. new zealand has taken a more conciliatory line with china than australia. when that crunch comes new zealand and australia are family, geographically and culturally close, a long history of standing shoulder to shoulder. new zealand also very reliant on china for milk powder exports particularly. a lot has been going on with australia, not unnoticed. saying exporters now need to think about diversification's. so if something significant happens with china new zealand exports could withstand the impact. shery: paul allen and tom mackenzie. now vonnie quinn with the first word headlines. vonnie: the u.s. olympic committee says it is confident current safety measures will allow team usa to compete safely at the tokyo olympics. the state department issued an advisory urging americans not

china and australia seem to be knocking discussions on the head. is that what is taking the chinese equity markets off or is it biden sharing vaccine technology? huge moves on the likes of our capital which is the growth to value personification. is at the start of much bigger trade? can it endure above $10,000? it's not a straight road beyond to 15,000 s some are reporting. rosengren wants to embrace a little bit more social inflation. what kind of inflation -- at your job to tell me in this market. is it temporary, or will it endure? michael: good morning, and what a great question to start with. at state street we partner with the company that scrapes hundreds of thousands of retail prices every day to get a good catch of online inflation. i can tell you right now that inflation number through the end of last month is heading to three or 4%. were certainly going to get a headline inflation shock. the other thing that obviously we know is that inflation will peak very soon. we will know the answer to this question in the next 3-4 weeks, i would s

to toss out an agreement with the victorian state government one of the states in australia with beijing under china's belt and road initiative and we also know that australia is currently mulling over scrapping the 99 year lease of the chinese guy of the northern port to a chinese company and that lease is worth $318000000.00 and it's now many exporters in australia rely on china's gigantic market so china has responded by blocking many of the exports to china it's raised carrots it's really significantly and put extra restrictions on for example strongly in wine beef and bali that had been also are numerous reports of australian pots being stuck at chinese ports just stating that with no formal reason given as to why they're not getting to chinese consumers as well although it is significant to knowledge that china does continue to import australian iron ore which is a resource that it badly needs but this is not the 1st time that china has used its economic might to essentially penalize countries that it's not happy with it's done this with norwegian salmon it's done this with taiwanese pineapples

affecting quite a chunk of australia's exports to china —— wheat.belt and road initiative, which beijing did not respond well to. then this week we heard from australia saying that a chinese company's controversial lease on darwin's point was under review and could be scrapped. tensions have been high for a while. this announcement doesn't exactly come as a surprise, but let's not forget an australian journalist, ken lay, used to work for a china state broadcaster, has been detained for over six months amid these heightened tensions. some saw her arrest as a possible retaliation by beijing. it does not look like the relationship between the two will improve anytime soon stop thank you very much. anytime soon stop thank you very much-— very much. mariko oi in singapore- _ stay with us on bbc news. still to come: why your password could be about to expire — for the last time. i, nelson rolihlahla mandela, do hereby swear to be faithful to the republic of south africa. after six years of construction and numerous delays, the channel tunnel has been for

china banned from the 5g buildout in australia. china vows to vigorously defend itself at the wto. panel as been set up and will look into this. there was another development is well in new zealand throwing it support behind australia in the dispute. scott morrison is in new zealand for talks which will be focused on china's aspirations in the indo pacific, and in the development as well, someone saying the country is in the flows of willing to take a dispute over wine imports over china to the wto as well. australia gathering its courses to take these disputes to the world party. shery: no shortage of sore points in the australia-china relationship. an australian writer finished in china. do we know what happened? >> it was over and done with one day last week. dr. yang accused of spying. he says he does not know who he is accused of spying for. he is an australian citizen who has written about democratic reform in china. he has criticized the ccp for what he describes as corruption and economic policy as well. he was pulled off the plate when he arrived with his family in 2019 an

shery: do you factor into your calculations potential china, australia escalation of tensions?oned iron ore prices and it makes me wonder if that is the next target. jo: obviously that is a difficult thing to put into a model, but it is an absolute risk for australia. our relationship with our largest trading partner was already deteriorating prior to covid, and clearly now we are seeing tariffs on australian exports. to be honest, it is a special case, there aren't too many suppliers of high quality iron ore. we are encouraged that anecdotally, relationships on the business level are still stronger than the government level. but it is a risk and anytime you slow trade with your largest partner, it will have an economic knock on. haidi: given the decision of the us trillion government to ban australians arriving back from india, what does this tell you about the reopening of borders and does the approach, the potential i guess conservative approach when it comes to reopening borders delay the next leg of recovery? jo: those decisions are of course foremost health decisions , an

to end israel's political deadlock after 4 inconclusive elections in the past 2 years and australia says china's decision to suspend bilateral trade talks is disappointing phasing suspended economic dialogue indefinitely accusing camber of a cold war mindset relations have plunged to a multi decade lazers beijing blocked imports of australian goods over the past year china is australia's largest trading partner those are the headlines and back with more news in half an hour the stream is next. examining the impact of today's headlines where does your fight go from here the people of myanmar to do or conduct setting the agenda for tomorrow's discussion is every time i talk about raises them i will get a twitter storm and be called a racist programs that open your eyes to an alternative view of the while today we are about to feed tell zones and thousands of hungry magots see the world from a different perspective on al-jazeera. hi andrea ok you're watching the stream home edition today there is a new kind of social media in currents that is growing in popularity some of the social media influence

to a multi decade low since beijing blocked imports of australian goods over the past year china is australia's largest trading partner. jailed hong kong democracy activist joshua wang has been given another 10 months in prison for taking part in a band vigil last year commemorating the attentive and square crackdown in the democratic republic of congo's military is due to take control of 2 eastern provinces for a month on friday the president declared a state of siege in north kivu and the t.v. violence between armed groups has killed more than 300 people since january unions in colombia have held an 8th day of anti-government protests with mass marches across the country anger over tax reforms has turned into a wider movement against equality and rising poverty. according israel assert a thursday deadline for 4 palestinian families facing eviction in occupied east jerusalem the aim is to reach an agreement with the israeli settlers who are trying to take over their homes those were the headlines i'll be back with more news in half an hour here on al-jazeera that's after inside story to stay w

the implication here is that china did it in retaliation to australia, criticizing or raising issues like the origins of the current of iris pandemic. and how transparent or not china has been about that. so it's taken this dispute to the world trade organization. and just before this meeting between the 2 prime ministers, new zealand announced that it would act as a 3rd party in that w t. o dispute effectively backing australia in that dispute. but new zealand says, look, this is nothing unusual. it's done that many times before as a leading player if you'd like in trying to get a rules base free trade system going around the world. so this is nothing unusual. new zealand is confident that it will not upset china too much. having said that, that he's healing foreign minister did say recently that new zealand businesses needed to start preparing for doing business with more than just one customer warning that the storm that was being created between australia and china could well affect new zealand soon when hey, reporting that from new zealand, thanks very much. when indonesia has re

"a diplomatic deep freeze," that's how australia's relationship with china has been described in recent have come under scrutiny. karishma vaswani has been speaking to former australian prime minister kevin rudd as part of this week's talking business asia programme. she asked him whether the iron ore industry could be china's next target. well, china has international market reality, but if china could diversify its imports of iron ore tomorrow, it would, but it can't. it can't get sufficient supply out of brazil so the damage to the australian iron ore industry will not be now, i believe it will be medium—term. the take—home message, i believe, for the chinese political leadership will be, they will see australia as an unreliable supplier of iron ore long—term because of the geopolitical conclusions that beijing will make in relation to camberra, which the ——canberra, the conservative government in canberra that long—term supply may be put at risk because of geopolitical factors. when you were prime minister, arguably australia—china relations were at a relative high. given what we ha

a trade feud between australia and china has opened a door for arrival farm producers in argentina. ine growers are expected to expand. tariffs on australian exports of the grain. it is one of the few trade restrictions imposed on australia i beijing. -- by beijing. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. shery: 56% of american adults have received at least one dose of a covid vaccine. the nation's seeing a drop off in the rate of inoculations partly to -- partly due to vaccine hesitancy. bloomberg spoke with new jersey governor phil murphy about the way they are urging citizens to get vaccinated and how they are using beer. >> we knew it would come to this moment and we are here. that balance has started to slip the other direction. we need a whole series of steps. the shot and a beer is one of 12 initiatives we have launched to get to every corner of the state knocking on doors, mobile vans. church services on sunday to go get vaccinated because we think we need to be in a proactive

to a multi decade lows and spacing blocked imports of australian goods over the past year china is australia's largest trading partner. and jailed hong kong democracy activist joshua wankers given another 10 months in prison for taking part in a band vigil last year commemorating the a tenement square crackdown 4 others were jailed for up to 6 months course you can follow those stories on our website at al-jazeera dot com the clock will be here with al-jazeera news i'm just under 30 minutes next its people in power south africa do stay with us. today on al-jazeera. from a 3rd wave to the vaccine rollout the latest developments as the coronavirus pandemic continues to spread across the world. al-jazeera is emmy award winning investigative program is back exploring the front lines in the u.s. as america attempts to tackle police brutality and shootings against people of color this growing demand to hold to account those who have sworn to serve and protect from hostile to hostile more hotels explodes geopolitical conflicts from the perspective of iconic hotels on the frontlines and former south a

when you zealand has decided to enter the dispute as a 3rd party, effectively backing australia's complaints, china's foreign ministry has reacted to that meeting id said beijing firmly, a poses foreign interference in its affairs. new zealand has deployed the military to help with rescue efforts in the south after heavy flooding there. hundreds of people have been evacuated from their homes. several bridges being washed away and roads cut off a while. the warning and state of emergency has been declared in the canterbury region. shooting in florida as once again thrust the debate over gun control and gun violence into the spotlight. at least 2 people were killed more than 20 injured when 3 gunman opened fire on sunday morning in miami, and they got a report from miami police, a cooling this, a targeted and cowardly act of gun violence. investigators say 3 people reportedly armed with assault rifles and pistols, stepped out of a car and began firing indiscriminately into a crowd gathered to see a rap concert. the yellow mark is an indication of how many rounds were fired. 2 died on the scene and at l

new zealand's exports to china and worth more than to the next 4 largest trading partners australia the u.s. u.k. and japan combined tougher stance shows the rising challenge of balancing trade concerns and human rights commitments as china's influence expands more thank you i'm joined by our china analyst cliff couldn't cliff it why the sudden policy shift i guess it has something to do with a straight it because history has been standing up to china for some time now and paying the price through coal exports through wind and lots of different sectors and the links between australia new zealand are traditionally very close as we know and i think that's very much part of us and then australia is also part of the 5 eyes which includes the us and. so we and australia as i said on them but these other partners so basically it's trying to do it's trying to look closer to its western allies and to china even though it's a trading colossus and it just shows the whole challenge of how you have to balance trade and try to measure these hours it's a real challenge is so much at stake i don't has

really needed to start diversifying because of the problems that were now existing between australia and china. and the danger that those problems could engulf new zealand as well. ok when manufacture 20th that from new zealand. a shooting in florida has left at least 2 people dead and more than 20 injured. 3 suspects of gunman open fire in the early hours of sunday morning. in miami. police say they jumped out of a call with a soul, trifles, and pistols and fight at random into a crowd of concert goers and gallagher reports from miami police, a cooling this, a targeted and cowardly act of gun violence. investigators say 3 people reportedly armed with assault rifles and pistols, stepped out of a car and began firing indiscriminately into a crowd gathered to see a wrap concert. these yellow mar because an indication of how many rounds were fired. 2 died on the scene and at least 20 people were injured some severely. what daughter ended up inside the mill, it is i don't even know where i can explain how i feel right now, and this is a sad moment. but it's a time when the community needs to come

australia is ready to resume dialogue with china. the foreign minister says they seek a constructive relationship with beijing, and is open, clear, and consistent about challenges. australia accused china of human rights abuses and cold for an inquiry into the origins of covid-19. the philippines is easing instructions. some areas will shift to the second-most restrictions from may 15. events that draw huge crowds will be banned. the israeli military says an air and ground troops are attacking the gaza strip, this as president joe biden said he has not seen a significant overreaction in the response. president biden singled out rocket attacks from gaza which are indiscriminately fired into population centers. it threatens to become an all out war that could draw and other regional players. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. david: -- tom: still ahead, our strategist would join us with views on

china. the view in australia is that we can't afford to do that and they don't want a gap to appear between a strayer and zealand because of chinese pressure. the trends tasman migration is one area where new zealand could actually get something out of this. in turn turned around and said that they would support stria the reason room for strive to provide for more transit between the strider and new zealand of the workers and to provide more assistance for new zealanders in the social security system in australia. there's also the issue of the date, port, taishan of convicted criminals, the prison sentences, new zealand citizens, and we're sending them back to new zealand. these are all areas where there's room to give on the domestic front. in return for some move on the international from vietnam is imposing new restrictions in the bid, the curb, the spread of a new covey. 19 variant. how many said he will in full social distancing measures for 15 days, starting on monday. people won't be allowed to leave home unless necessary gatherings will be limited to 10 or few. new very detected in

trillium prime minister early last year was raising tough questions about covid origins in china blasted australiack on important to china, ice trillium copper and beef and wine and many other experts. they were delivering that message, don't ask questions or you will be punished. and then for a tough revolution, it got completely watered down and that was the original sin. maria: we know there's retribution. stay with us, we'll take a break and come right back with jamie metzl. stay right with us. this is us talking tax-smart investing, managing risk, and all the ways schwab can help me invest. this is andy reminding me how i can keep my investing costs low and that there's no fee to work with him. here's me learning about schwab's satisfaction guarantee. accountability, i like it. so, yeah. andy and i made a good plan. find your own andy at schwab. a modern approach to wealth management. it's beauty, - [macaw vo] pretty boy. - or the beast. find your own andy at schwab. - the beauty, - [macaw vo] pretty boy. has failed. the beast, john cox, will shake up sacramento, cut taxes. learn about califo

trillium prime minister early last year was raising tough questions about covid origins in china blasted australia beef and wine and many other experts. they were delivering that message, don't ask questions or you will be punished. and then for a tough revolution, it got completely watered down and that was the original sin. maria: we know there's retribution. stay with us, we'll take a break anananan ♪♪ ♪ i want to see you stand up ♪ ♪ i want to feel you be proud ♪ ♪ i want to hear your beating heart ♪ ♪ live out loud, oh ♪♪ to make my vision a reality my varilux progressive lenses provide seamlessly transition from near to far. with every detail in sharp focus. that's seeing no limits. varilux lenses by essilor. maria: welcome back, i'm back with jamie, senior fellow, fantastic op-ed in the hill, which you should check out. real quick, jamie, the final question is why is china trying so hard to cover the coronavirus origin? >> the reason is if it turns out and nobody who i know knows that the origin stems from accidental lab leak followed by criminal cover-up, the implications for china could b

trillium prime minister early last year was raising tough questions about covid origins in china blasted australiaine and many other experts. they were delivering that message, don't ask questions or you will be punished. and then for a tough revolution, it got completely watered down and that was the original sin. maria: we know there's retribution. stay with us, we'll take a break (naj) at fisher investments, our clients know we have their backs. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. it's time for sleep number's memorial day sale on the new sleep number 360 smart bed. it's the most comfortable, body-sensing, automatically-responding, e

when it comes to australia specifically, are you staying at the same level of concern when it comes to whether iron ore could eventually come up between the chinapat? daniel: i think it is something to certainly keep an eye on, but i think that would be shooting themselves in the foot if they did start to place some constraints, at lease in the short-term. -- least in the short-term. they have certainly hinted that over the long term they will look to diversify away from australian ore with either investment overseas or their own domestic sources. and then also potentially in the steel industry itself, just making a lot more efficient. that is going to be an ongoing trend i think for the market to deal with over the longer-term. but in the shorter term it is hard to see how that can really be caught up in these rising tensions. i am more worried about other commodities which are not as significant for the chinese, but have not been impacted so far. you look at lng for example, where there has been murmurings of chinese buyers being told to stay away from australian cargo. so it's an issue that the market is certainly worried about, but i do not

australia says it is ready to resume dialogue with china. ties are strained. nister says canberra seeks a constructive relationship with the beijing and is open, clear and consistent about its challenges. tensions have escalated after australia accused china of human rights abuses and calls for an inquiry into the origin of covid-19. the european union is accusing russia of greg really trying to take over parts of eastern ukraine. in a document shared with member states and seen by bloomberg, the european union says kremlin tactics include organizing illegitimate elections and issuing passports to locals. the kremlin says it is not planning to absorb anyone. u.s. house speaker nancy pelosi says companies such as colonial pipeline should not pay hackers. colonial pipeline paid nearly $5 million in cryptocurrency to eastern european hackers last week. the pipeline shut down triggered panic buying of gasoline in parts of the eastern united states. >> this cannot be open season for hackers who can make money off of a threat even if they did not go as far as crippli

the leaders of australia and new zealand have downplayed talk of tension over their different approaches to china. 5 minutes just got morrison is in new zealand for his 1st normal face to face encounter with just in the origin. since the kona virus panoramic government has been criticized for being too soft on china, our camera has spoken out and faces straight sanctions from bay jane. when he has more from cow ranga. before this meeting between australian prime minister scott morrison and his new zealand counterpart, jacinta durn, there was much talk about tensions between the 2 leaders, particularly when it comes to relations with china. the implication was that new zealand had sold out that it was being too soft on beijing when it comes to issues like human rights favoring its own trade relationship with china instead of supporting its traditional allies like australia. but after the meeting in queenstown, both leaders rejected that accusation. north point and now discussions today was due to take any difference in our relative positions on the importance of maintaining a very strong and princ

criticized for being too soft on china, while camber has spoken out and faces straight sanctions from beijing. when he has more from towel rango before this meeting between australia and prime minister scott morrison and his new zealand county, jacinta dern, there was much talk about tensions between the 2 leaders, particularly when it comes to relations with china. the implication was that new zealand had sold out that it was being too soft on beijing when it comes to issues like human rights favoring its own trade relationship with china instead of supporting its traditional allies like australia. but after the meeting in queenstown, both leaders rejected that accusation. north point and now discussion today was, did i to take the difference in our relative positions on the importance of maintaining a very strong and principle perspective on issues around trade on issues around human rights. and you see that a stroller in new zealand had broadly been positioned in exactly the same place on these issues consistently. as great partners, friends, allies in the family. there will be those far from here who would, who would seek to devise and they will not succeed. b

are daybreak australia. china has relieved brith restrictions.ision was made in a communist party meeting. the decision was also made to raise the retirement age. china's latest census showed a decline in the working age population. starting june 15 financial institutions can lease 7% of foreign currencies and reserve. up two percentage points in march the first time the pboc has made such a move in a decade. a new study has found that the sinovac's vaccine can effectively control covid-19 where 75% of adults in a small brazilian town were covered with a second shot. the study may offer clues into how much of the public needs to be vaccinated in order to move past the pandemic. deaths, hospitalizations and cases dropped sharply after a second shot of sinovac's was given. -- of sinovax was given. details are still in the early stages but newly appointed finance ministers is leading the initiative in bloomberg understands it could be monetary, fiscal or both. pakistan's economy is expected to expand this year after a rare contraction. >> as develop

the leaders of australia and new zealand are holding talks in queenstown. they're discussing their approach to relations with china as well as australia before patient policies, which largely affecting zealand. indonesia has released tankers from iran and panama sees on suspicion of illegally transferring oil. iran mt horse and it's cool, have now been escorted out of innovation waters upon a me and tanka sees at the same time was also released on friday and russia will move ahead with a 2nd half a 1000000000 dollar loan to bella ruth next month. the kremlin support is in contrast to the growing outrage short, alexander lucas shank from western nations. the u. s. has joined you in imposing sanctions on bella rose after the bell. russian government diverted a passenger plane and force it to land in order to arrest the dissidence journalist . those are the headlines on al jazeera. i'll be back in under 30 minutes with the air and use our right now. i'll just hear the world continues. next. i hope you to stay with us. thanks. watch the matlab and mother. i did it again. i should hear her but but this monday it was ha

or take china's relations with australia one of the main trading partners. australia has been assertive on trade and human rights but always worked to maintain constructive relt aigs. last year they called for an independent inquiry into the origins of covid-19. in response, china had what could only be called a freak-out. beijing hit australia with all kinds of trade restrictions and the chinese embassy in australia issued an extraordinary charge sheet of 14 grievances accusing australia of poisoning bilateral relation and demanding that the country's media and think tanks stop writing negative things about china. in april, the australian government canceled belt and road agreements made with china. all considered china's handling of relations with india. last year skirmishing netted china 100 square miles of along along the frozen tund are you like himalayan border. the result is that india which has long been weary, is now much more willing. it is been a slew of chinese apps, excluding chinese companies from building 5g and joined u.s. and japan in the la

china. the view in australia is that we can't afford to do that and they don't want a gap to appear between a stray and zealand because the chinese pressure the trends. tasman migration is one area where new zealand could actually get something out of this. it in turn turned around and said that they would support stria the reason for strive to provide for more transit between the strider and new zealand for workers and to provide more assistance for new zealanders in the social security system in australia. there's also the issue of the date, port, taishan of convicted criminals, the prison sentences and new zealand citizens. and we're sending them back to new zealand. these are all areas where there's room to give on the domestic front in return for some move on the international front. republicans in the us senate have blocked an inquiry in the january 6 attack on capitol hill by a mob of donald trump. supportive democrats and some moderate republicans. and wanted to set up an independent commission to look into the riot. 54 sentences voted in favor. i was short of the 60 needed to advan