-- taiwan is a part of china and the prc government is the sole government representing the whole of china. china is not only upholding its sovereignty and territorial integrity, but also truly safeguarding peace and stability across the taiwan straight. the principle of not interference that is vital for developing countries. china will continue to work for a peaceful reunification with the greatest sincerity and effort. to realize this goal, we must combat taiwan's independence with the firmness to resolve and take the most forceful step to oppose external interference. only by resolutely, have we forged a true foundation of peaceful unification. only when china is completely reunified can there be enduring peace across the taiwan strait. any scheme to interfere in china's internal affairs is to meet the strong opposition of all chinese. and then he moved to extract -- any move to extract china's reunification is bound to be crushed by the wheels of history. the international community closely follows china's development since the 18th national congress. socialism with chinese characteristics h

china plays by a different set _ the pacific? china plays by a different set of _ the pacific? chinaent set of rules. different rules to our other partners of the us, australia and new zealand. so this is— us, australia and new zealand. so this is where the worry is. it is not so — this is where the worry is. it is not so much _ this is where the worry is. it is not so much any negative aspect of what they— not so much any negative aspect of what they are bringing into the country— what they are bringing into the country in _ what they are bringing into the country in terms of roads and bridges — country in terms of roads and bridges and so forth, but it is because _ bridges and so forth, but it is because they are a different animal altogether. because china is not a democracy, — altogether. because china is not a democracy, they like to work with countries — democracy, they like to work with countries that perhaps don't have a hi-h countries that perhaps don't have a high level— countries that perhaps don't have a high level of good governance, or a hi-h high level of good governan

china and there the p r. c. government is there so legal government representing the whole of china by firmly upholding the one china, principal. china is not only a poor day's sovereignty and territorial integrity, but also truly safeguarding peace and stability. across that i went straight, the principle of non interference. a basic norm ain't a national relations that is vital just for developing countries. china will continue to work for peaceful reunification with the greatest sincerity and efforts to realize this goal, we must combat taiwan independence. separate is activities with the firmest resolve and take the most forceful steps to repose, external interference, only by resolutely forestalling separatist activities. can we afford a true foundation, peaceful ruin if occasion? only when china is completely reunified? can there be enduring peace across the taiwan strait? any scheme to interfere in china's internal affairs is bound to meet the strong opposition of all chinese and any move the obstruct. china's reunification is bound to be crushed by the wheels of history. and the international community close

china, including taiwan, in the u.n. and international institutions. it has completely blocked any attempt by anyone from any country to create two chinas or one china andne taiwan. distressful has become a basic norm in international relations and a consensus of the international community when entering into diplomatic relations with china, 181 countries are accepted that taiwan is a part of china and let the prc government is the sole legal government representing the whole of china. janet is not only opposing its sovereignty and territorial integrity but also truly safeguarding peace and stability across the taiwan strait, a principle of noninterference, a basic norm in international relations that is vital for developing countries. janet will continue to work for peaceful reunification with sincerity and effort. to realize his goal, we must combat taiwan's separatist activities and take the most forceful steps to oppose external interference. only by pulling down separatist activities can we forge peaceful reunification. only when china is completely reunified can there be an enduring peace across the taiwan state. in the scheme to interfere in chin

china. if the u.s. and china are on a collision course, what is the root of it? >> it is a complicated question and i think the answer has to do with china's power trajectory on the one hand and its ambitions on the other. we have seen over the last 25 years china has articulated more and more grandiose aims as to what he wants to accomplish in the world, everything -- taiwan which is a long-standing objective of the ccp. to establishing itself as the primary power in asia perhaps around the globe. that is something that often happens as countries rise in power, their ambitions grow as well. that is not surprising. i think what is important to note is that china's trajectory has changed over the past 15 years. china is no longer rising as effortlessly as it was this was -- as it once was particularly in the economic realm. it is generating more and more resistance from countries that are asked -- opposed. china is because the fight as the peaking power, continuing to develop more formidable coercive capabilities but it's days of easiest growth are behind it. our concern which we write about in the book is that as china starts to worry that

china. they are looking outside china for new opportunities. they're not leaving china, they're not laying off people. but it's a great disinterest franky also because that was back home and that was kind of visit. so on the foreign direct investment side, actually it's a very urgent development that they can see. and so anyway, we really have a problem there because all of our companies are very, very important. i think not only for us as chairman members, but all of the chinese economy. likewise. you see the many of them are sitting pat when it comes to investment. how much of this uncertainty is about china's recent experience with coven? and how much is it about larger problems such as growing european concerns of hong kong, cian john, and the sharper elbows that we've seen from china, diplomacy in recent years. i guess for the big companies, the kind of when she and john hong kong discussion actually is really a headwind, they really have to walk on egg shells in order to actually explain why then china, it's very difficult. but it isn't that the them to know the c

china. or we don't know about trying to contain china. china certainly drive to contain the un report. reuters reported on how china try to build pressure on former high commission and michelle furshly to bury the report. she spoke of tremendous pressure she was facing, but promised to release the report before her time expired. and it was released yesterday just minutes before her 4 year tom ended with the report now out, correspondent, father and crush my in b. g explained what it meant for china when many of the facts were already well documented before, but the un report gives it a whole new level of authenticity and also urgency. and yet it's, or i would say that and the report is very strong because it's not only based on the and the witness of human rights victims, but it's also based largely on official data government data. and that puts the am chinese government in a really a weak spot because they always deny any wrong doing them but, and, and don't even agree on the facts. but if most of the information is provided by the government itself, and that doesn't really make a lot of sen

china, come - killed it? yes. because no-one could come to china, come to i could come to china, come to china, come to xi'an.- china site, china, come to xi'an. ancient site. once — china, come to xi'an. ancient site, once packed _ china, come to xi'an. ancient site, once packed with - site, once packed with travellers became only sparsely covered with local tourist. at times, they have been empty. and there has been no work for addison sun. ida and there has been no work for addison sun.— and there has been no work for addison sun. no income. this is my lowest _ addison sun. no income. this is my lowest point _ addison sun. no income. this is my lowest point and _ addison sun. no income. this is my lowest point and as - addison sun. no income. this is my lowest point and as a - addison sun. no income. this is my lowest point and as a man, i j my lowest point and as a man, i can't do anything.— can't do anything. you had no money coming _ can't do anything. you had no money coming in _ can't do anything. you had no money coming in at _ can't do anything. you had no money coming in at all? - can't do anything. you h

china goes into recession, it may soon try to of unified how one by force while it's still can. and also the fact is how a steel relies heavily on china for 40 percent of its export. and if china's economy keeps going down 1000000 how uneasy business men in china would also be dragged down by china's weak domestic demand. so these are all influences that we are expecting to see. right. so it's an hon. thank you so much. now to some of the other global business stories making, there's russia's top lender spare. bog expects russian g d p to contract by 4.5 percent. this year, fairbanks seo said the banking sector has begun recovering from the impact of sanctions and spare bank expects to post a profit at the end of the year. lufthansa pilots have called off a 2 day strike after a last minute agreement with germany's biggest airline. the cockpit union said the 2 sides agreed on the basis of a comprehensive package of monetary and structural issues a walk out last week for the cancellation of hundreds of flights electronic cigarette maker, dual labs has agreed to pay nearly $440000000.00 to settle an investigation by $33.00 u. s. states into the marketing of the vapor products. the

the reason is very clear. china also clamps east china sea and their big looking miniature exercises will sending their ships to the dispute in water. china also claims south china sea and there they the patrol of the south china sea, either by their bumpers or by their worships is so frequent these days is shina limited. what is the chinese ambition limited to east china, sea towers trade and the south china sea? i can tell, you know, if it's not stopped china already these find a security agreement with the bottom line is, which is very far away from china. and if we don't stop it, the chinese government is going to say more security agreements with more pacific countries. remember, the chinese leader has already say, the pacific ocean is big enough to accommodate china, india, and he says, that's how ambitious they are in. are they limited to the in the pacific region or the pacific area? i would say no. if you look at the naval basis, they are building in cambodia in yama, in pakistan, in sri lanka, or the way to what you bought. i think the hip global ambition and the expansion of abort herron's of always, it's at the cost of democra

any countries use of freedom of navigation as an excuse to undermine china sovereignty harm china's security. an attack and smear china. china was responding to the german defense chiefs announcement who said that a stronger military presence is needed in order to check china's quote. enormous build up of armed forces. the pledge of additional military assets from berlin comes off the last year when it's 1st war ship in 2 decades, sailed directly through the south china sea. a germany is also participating in a joint operation. now with strayer deploying 13 military aircraft, ultimately marking the air force is largest piece time deployment. and according to the senior lecturer at the university of bath pac, not one of berlin is trying to play the safe bet in a changing world. because of the war in the ukraine, germany is being exposed to her on our b, u. t to energy dependency over russia. and because china is pro russia and we're trying to position it makes germany increasingly aware that ace, these going to impact upon china, germany relations. the situation is asia is also changing the wizard by nancy pelosi to ta

sovereignty harm china, security and attack and smear china. china was responding to the german defense chiefs announcement to said that a stronger military presence is needed in order to check china's quote. enormous build up of armed forces. the pledge of additional military assets from berlin comes off the last year when it's 1st worship in 2 decades, sailed directly into the south china sea. germany is also participating in a joint operation with australia, deploying 13 military aircraft, mocking the air force as largest piece time deployment. and according to the senior lecturer of the university of bos pac, not long berlin is trying to play the safe bet in a changing world because of the war in the ukraine. germany is being exposed to her on their ability to energy dependency over russia. and because china's pro russia and they were trying to position, it makes germany increasingly aware that these going to impact upon china, germany relations. the situation is asia is also changing the wizard by nancy pelosi to taiwan. he's making an escalatio

the reason is very clear. china also clamps east china sea and their big looking miniature exercises will sending their ships to the dispute in water. china also claims south china sea and they're, they, the patrol of the south china sea, either by their bumpers or by their worships is so frequent these days is shina limited. what is the chinese ambition limited to east china? see how it's trade and the south china sea. i can tell, you know, if it's not stopped china already these find a security agreement with the bottom line is, which is very far away from china. and if we don't stop it, the chinese government is going to say more security agreements with more pacific countries. remember, the chinese leader has already say, the pacific ocean is big enough to accommodate china, india, and he says, that's how ambitious they are in. are they limited to the endo pacific region or the pacific area? i would say know, if you will get the naval basis. they are building in cambodia in yama, in pakistan, in sri lanka, or the way to what you bought. i think they hit the global ambition and the expansion of authoritarians, of always, it's at the co

china's investment any projects with our own funny. there are limited areas where china at the u.s. share interest. we shouldn't ignore them. for example, both china and the united states have shared interest in securing shipping lanes in the gulf. both benefit from iranian nuclear deal to avoid proliferation. and both the united states and china benefit from stability in the region. finally, we should recognize that while china's influence in the region is increasing, it has limits. the united states commitment to the region despite much hype to fears of abandonment continues as we were in the leading security partner for every country in the region. except of course for iran. we shouldn't be so insecure as to believe that our partners in the middle east think china can be taken seriously as an alternative to the united states. for example, while the united states preserves the security of the shipping link in the gulf as a global public good, it's hard to imagine china acting to preserve anything but its own shipments. let's face it, , if a war eruptd between the arab gulf countries at iran, the navy is not sailing to anyone's defense. recognizi

that it could be harmful to ukraine, they said that china would start a rapprochement with russia, but this showed weakness with china, that is, chinae, went to read, made a specific statement, and what china did, china, actually, took such a customary position, it is obvious that there, where is china, china

the reason is very clear. china also clamps east chassis and their big looking a miniature exercises will sending their ships to the dispute in water. china also claims south china sea and their baby patrol of the south china sea, either by their bumpers or by their worships is so frequent these days is shina limited. what is the chinese ambition limited to east china sea, thomas trade and the south china sea? i can tell, you know, if it's not stopped, china already signed a security agreement with the solomon islands, which is very far away from china. and if we don't stop it, the chinese government is going to say more security agreements with more pacific countries. remember, the chinese leader has already said the pacific ocean is big enough to accommodate china, india, and he says that's how ambitious they are in. are they limited to the in the pacific region or the pacific area? i would say no. if you look at the naval basis, they are building in cambodia in yama, in pakistan, in sri lanka, or the way to what you bought. i think the hip global ambition and the expansion of dollars hearings of always, it's at the cost of democracy. and i think is the time f

but china is the capacity to catch up, because china, if you look at china, when it comes to the graduate of science, math, technology, and engineering. china is 5 times more graduated in those industries every year than those 4 countries together. so what china has done so far is that said that they're trying to create a set back into opportunities. same as the year the russia has had 8 years to pay self and to become self reliance. in reality, the sanctions have become an opportunity and the theme for china is only going to contain china for a few years, but china is going to catch up. and this is going to turn into an opportunity for china. interesting. okay. and how disruptive though, in the meantime, could these u. s. initiatives be for global supply chains of semiconductor productions and all that go to about they're used in so much ah, it is they, it's a bit difficult to, to measure so far in might be actually, they might be shooting themselves into the food because ultimately they, they need the whole product microchip is only part of the product, but if it depends, if the product

china is deepening its ties with iran and deepening its ties with the gulf. china are around doesn't shut its doors as china gets more militarily involved in the gulf. is there a risk at some point that china is going to be asked by the gulf countries to the shirqat pick a country each, choose sides, or alternatively why does china get to sort of play both sides while the united states is told that we have to choose? >> so senator, i think i would defer with you on a couple of t key things. now it is true that if you go back eight or ten years at the dawn of the efforts to negotiate the jcpoa, there was a collective freak out. no. question and notwithstanding regular efforts by the obama administration to read the gulf partners into where we hope to go on the eventual jcpoa, there was great anxiety. i would not say that that anxiety is missing as such, but it is, the gulf countries are very focused on the original dimension of what iran is doing, and this visit that i just spoke to you by the president is the punctuation point of a body of work for the past year to half and it will provide forward momentum

china is clearly the bigger economy right now, far stronger. and, but china doesn't have that much influence over russia. and we have to zoom out of it and look at the big picture. russia, china preferred russia in the tent, but outside the tent because we saw what happened in 2014, with the war in crimea. that that was kind of china strategy for the belgian road initiative. and so they realize that if they didn't include russia, that they would hamper their efforts for their big quest for central asian strategy . so i think clearly she jumping, understand, he has to work to put him. let me just ask you to speculate. we got 30 seconds here . when the doors are shut, do you think there she's paying says to vladimir putin? look, you've got to bring this more to an end and you green. well, i would love to be a fan of that painting and know what they ask because putin has a very big ego in. this is probably the worst optics for him. the timing of this a c o meeting. so he really comes to a very week after the ukranian advanced 10 days ago. so i think that she didn't ping, it might try to encourage him. she could, you know, play the big peacemaker if you want. but i, it's also dan

appear like a vassals statement telling energy and metals to, to china. china is clearly the bigger economy right now, far stronger. and, but china doesn't have that much influence over russia, and we have to zoom out of it and look at the bigger picture. russia, china prefers have russia in the tent than outside the tent because we saw what happened in 2014, with the war in crimea. that's, that was kind of a strategy for the belgian road initiative. and so they realize that if they didn't include russia, that they would hamper their efforts for the big west for central asian strategy. so i think clearly she didn't understand he has to work well. i would love to be a fun wallet that i know what they ask because he has a very big ego in. this is probably the worst optics for him, the timing of this as you know, meeting. so he really comes to a very week after the ukranian advanced 10 days ago. so i think that she didn't ping, it might try to encourage him. she could, you know, play the big piece maker if you want. but i, it's also dangerous relationship. you know, they are sure huge border. russia has nuclear weapons. she jumping

china, india and pakistan. they talk about cooperation, but there was a lot going on. theresa: let's get back to beijing. there was a lot of moving parts come about what are the key things about china's role when it comes to other countries. china has long been a good friend to pakistan. it has not said you need to be a democracy. it simply dealt with whatever military or government was in power. is that something that china is going to lean into. will it keep dealing with the people in power? einar: i object to the form of your question. the pakistanis are not -- it is about a sovereign nation. let's look at the difference between the u.s. and china when it calls the summit. with the sco, it is about internal matters. about getting rid of terrorism. trying to make sure there was a moderate thing. there was a lot of contentious relations, but they did not exclude anybody. let's go to the summit of the americas where biden invited only those countries he thought he wanted to talk to and excluded a bunch of others. that had immediate backlash. the world is as it is. you can have dialogue or you can create walls or try to contain countries, change their governments and things like this. this is standard practice for the u.s.. does

whole of china, including high one in the you and you can do international institution. yog, it completely blocked any attempt by any one or any country to create the, to china's or one china, one tie one. we could, the one, china principal has become a basic norm, international relations and a consensus of the international community you're going to use when entering to do her magic relations with china. she's the 181 countries all recognized and accepted that there is but one china in the world from anti why is a part of china? and there the p r. c. government is the so legal government representing the whole of china. you have firmly upholding they want china, principals, chinese not only uphold aids sovereignty and territorial integrity, but also truly safeguarding he's, that is the melody across that i went straight to the principle of learning. interference with the basic norm ain't a national relations. that is, if i don't use it for developing countries, china will continue to work for peaceful reunification with the greatest long clarity and effort. to realize this goal, we must combat taiwan independence. separate his activities with the firmest resolve and take

china but... china's prosperity— in favour of china but... china's prosperity is _ in favour of china but... es. lose. thinking of taiwan and other issues- but _ lose. thinking of taiwan and other issues. but harry _ lose. thinking of taiwan and other issues. but harry said... - lose. thinking of taiwan and other issues. but harry said... you - lose. thinking of taiwan and other| issues. but harry said... you might assume _ issues. but harry said... you might assume there — issues. but harry said... you might assume there is— issues. but harry said... you might assume there is a _ issues. but harry said... you might assume there is a equidistant- issues. but harry said... you might assume there is a equidistant of. assume there is a equidistant of guilt— assume there is a equidistant of guilt or— assume there is a equidistant of guilt or force _ assume there is a equidistant of guilt or force here. _ assume there is a equidistant of guilt orforce here. i— assume there is a equidistant of guilt or force here. i connectedl guilt or force here. i connected away— guilt or force here. i connected

china for crude, gas and coal has all fallen. so they are trying to compete in a tighter market in china and china for the last decade has been the key driver for energy and commodity prices globally. this for energy and commodity prices aloball . �* , ., ., ., globally. as we move now into the autumn — globally. as we move now into the autumn and _ globally. as we move now into the autumn and winter, - globally. as we move now into the autumn and winter, what l globally. as we move now into i the autumn and winter, what are your predictions in terms of prices, the price of energy on global markets, oil and gas. we were talking about inflation in the us earlier and the federal reserve decision and energy prices or the gasoline prices come down quite a lock for americans. we have seen that here as well to a degree but what is the outlook for the next few months?- what is the outlook for the next few months? that's s&p rlobal next few months? that's s&p global insights _ next few months? that's s&p global insights and _ next few months? that's s&p global insights and our - global insights and our forecast for physical trade of

china. china. so don't really fight a war since it opened up the economy. the 2nd d u n, and a huge majority of the world and also one china principal. so the majority of the will will not be on the us side if the us interferes further with the pilot situation, which is the internal affairs of, of, of china. lastly, now many options for the china people's liberation army. other than firing the lie . brown's into taiwan, the p l a could once again quickly and circled the whole t one island as was last month, but did some. it could be for rio in terms of cutting off energy and food supplies . it is common sensical that taiwan couldn't survive more than a few weeks. in addition, starting a real war means trillions of dollars. loss for the mainland stock market alone in the metro hours. it china in some way, it gives. busy each i need one meaning for example, you only mean a cost of tooth radio for the 20000000 people with their. so trying to set up with the mobile phones or coupons to encourage an election in taiwan to support china to withdrew me. if i keep dominance of the island, so what do you say to collins people? accep

china risk. how folly would be to live without china in my portfolio? or how bearish are you on your outlook for china: i think it's probably a good idea to have very low weight in china at this stage of the game because of the reasons you just mentioned. there are a lots of think -- a lot of things hitting that market, covid, the lockdown, election coming up, so on and so on. probably to have a low rating, yes -- low waiting, yes -- low weighting, yes. dani: mark, are you concerned about, in terms of what it does to china risk, the upcoming meeting or at least the potential meeting between xi and putin? mark: that's a very good point. you know this, but xi has had a conversation with biden before this meeting. so, i think the chinese would like to play both sides, would like to keep both the u.s. stable so that exports can continue and trade can continue, but at the same time, there's no question that they are favorable to what putin is doing. it will be interesting to see how that develops. manus: mark mobius, thank you very much, founding partner there for mobius capital partners. big calls, mark.

china taiwan is part of china and has never been a viable country. so where does this talk about sovereignty come from, the taiwan issue - this is china's internal affairnd not the relationship of some two countries. this is a historical and legal fact that nothing and no force can change, and this is simply unacceptable for talk about so-called democracy to hide separatist proposals for taiwan's independence to impose serious us sanctions on china is also unlikely to succeed china is even more involved in the world economy than russia, given how anti-russian measures hit western countries , one can imagine what awaits the united states and europe if they are introduced some large-scale restrictions on trade with china china believes that additional us tariffs on chinese exports will hit both china and the us and around the world, and given the high inflation, the decision of the united states to increase tariffs on chinese goods will certainly only bring losses to a large number of american businessmen and buyers in europe, where they understand the possible consequences of careless american steps, call on all parties for restraint, the head of europe