right, let's get some analysis now with dr. lauren jones, the research associate at so us china institute loans also currently working on a world bank funded program about china's demographics or just the person. we need to speak to you about this. and 1st of all, what says do we mean when we say that china will get old before it gets rich and recent claim stands up to scrutiny. hi. hello. thanks for having me. on the old before rich phrase care was arrived at in the 1980s because of the one child policy . china could extrapolate how or at least on average, how quickly the population would grow or decline over the next decade. and they realize there was absolutely no probable growth rate. that meant china's economy would become an industrialized and high income economy before the population aging process had begun. and before china's working age population began to shrink. and so for years and years, china has been really worried that by getting old 1st, they will never get rich because they will need to reallocate money towards pension and health care without having yet reach the economi

one of those countries is france, france, apparently before 2009, helped china to set up the woo hon biology institute, which again as a level for biology lab. and so they were question specific to france, about learning what processes they took to ensure that biological weapons would not be built. they're created there, or that china would not work with other countries who have a history of creating these biological weapons. now having said all that, again, this is an old document. we are working to kind of verify the validity of it. we have been able to do that yet, but here's what i can tell you. there is no question to this document is from wiki leaks, and to date we can least has never publish a single document that's been proven to be untrue. so i think the likelihood that this is an accurate document, it's pretty high. well, and i have to wonder who actually supplied to wiki lease. that's another question that is always interesting to find out because i guarantee this would not be the only one. but let's actually talk about what was discussed in there. you know, are you surprised? been the biol

bolster birthrates. lauren johnson as a research associate with the associate with the so as china institute in london, she's currently in berlin and that's where she joins us from lauren, going to have you on the show again. what is the risk for china with its current demographic course? i guess the risk is that the total fertility rate stays very, very low into pet surety, which basically means at some point in future chinese people would become extinct. however, in terms of the contemporary economy, because china is load, her facility rate is partly a result of government policy. the one child policy was mentioned earlier. in fact, china has been planning for this period for decades and decades. so there are, there are certainly risks of not being able to manage the upside down population pyramid. but it's not necessarily a disaster. like there are also challenges to having a population that grows infinitely right now if we are looking at trying to boost the birth rate, this policy says, or you may have 3 children, i would imagine it's not as simple as that. what are the biggest hurdles f

let now speak to steve thong, the director of the china institute at so us university here in london. and were you at all surprised by some of those scenes in hong kong, the, the level of perseverance in light of that new secure zillow. i was slightly surprised that hundreds of people were still showing up, knowing full well that they could potentially phase of the consequences. very admirable, brave people. they are there. i think that we're likely to see any more protests in the coming weeks or months. could this be a trigger or some sort of renewal of unrest against the authorities or people just is that just perhaps too intimidating? well, i think is much too intimidating. now, the remembrance of d. tellerman, mexico is something that people in hong kong have been doing for 32 years, is largely a remembrance of what happens in beijing in 989 is not meant to be anti chinese government or anti chinese communist party. but with the passing of the national security law, in the event a new which is put in place for the administration of justice and is a very harsh routine. i understand

anchor: let speak to steve, the director of the china institute here in london.e you surprised by some of those scenes in hong kong? the level of perseverance in light of the new security law? guest: i was slightly surprised that hundreds of people were still showing up. knowing full well the state could potentially -- they could potentially face severe consequences. very admirable, brave people they are. anchor: do you think we are likely to see anymore protests in the coming weeks or months? could this be a trigger or some sort of renewal of unrest against the authorities? or is that just too intimidating? guest: it is much too intimidating now. the remembrance of the tiananmen massacre is something the people and hong kong have been doing for 32 years. it is largely a remembrance of what happened in beijing in 1989. there have not managed to be anti-chinese government or anti-chinese calmness party. but with the passing of the new security law, a new regime has been put in place for the administration of justice and is a very harsh regime. anchor: i understand

government budget ended up at china's wuhan institute of virology which was engaged in the study andion of deadly coronavirus, is there a connection between that research and the deadly pandemic which also began in the city of wuhan, we know from dr. fauci's e-mails obtained by media outlets using the freedom of information act despite his public comments in 2020 downplaying the possibility that covid-19 escape from a chinese lab he was told of disturbing evidence suggesting the virus might've been man-made, the obvious question what exactly did the government disease doctor no and when did he know it and also did dr. fauci disclose to president donald trump everything that he knew about the possibility that a chinese lab partly funded by zone institute ip the source of the pit devon this is important because dr. fauci was given massive responsibility in leading american national response to covid, if he did not fully disclose all the information but the potential origin of the virus in his own potential role then president donald trump was denied relevant information that he needed

institute of allergy and infectious diseases became a housel name last year. in one email sent to pouch last april, a global nonprofit that helped find some research at china's wuhan institute of virology thanked faucher for publicly stating scientific evidence supports a natural origin for the coronavirus and not a lab release. the origins of the virus remain unclear, writes cnn. "there are some of your critics who say you have two cozy of a relationship with people behind the wuhan research." john berman said you found she on new day, what you say to that? dr. fauci said that is nonsense. i don't even see how they get that from an email. another response to those tony fauci emails from resident -- former president trump, the headline in town hall, trumpet blasts tony after email dump, good thing i didn't listen to him. another wrote i was fortunate that i didn't do dr. fauci wanted me to do. i closed our borders to china early, despite us not wanting them closed. the democrats and fake news media called me a xenophobia. in the end, we saw this was a lifesaving decision, and with closing our borders to europe likewise, specifically to heavily infected countries.

or we can now speak to roderick careful puts, who is a senior analyst at the maqueta institute for china studies. thanks for joining us on d. w. business. just explained with how much influence bout road has given china around the world. developing road initiative has grown extensively over the years at the moment, roughly 139 countries have formerly endorsed this initiative. what i've done, they said it's definitely moved the world economics time for gravity towards china and increasing investment, increasing trade, increasing people to people, contacts, and connectivity with china. countries have become more dependent on chinese economy. chinese politics, chinese good will allow pages to shape the norms rules and standards of these regions. basically, belt approach is the lower lives ation. with chinese characteristics, a lot of roads are being built, but they're all lead to beijing. china is policies towards the west and you have been aggressive. in fact, your own organisation has been sanctioned by china. so do the g 7 need to be counteracting 1000 wrote i think what a lot of compani

our starting point this week is the institute of virus ology in hon. china. so how do we get here? how does that theory come back from the lab leak theory, which was previously hoc bike therapy, parents might actually be credible. how did a scientific talk that was always changed 19 was born in a chinese laboratory, make its way back into the main. everybody's starting to change their tune on the likelihood of the lab week cove. it origin. how did it from the fringes of journalism outlets like the washington times and bright bargaining to the pages of the new york times. and the wall street where the bottom has told intelligence agencies they need to redouble their efforts. and why would president barton to dismiss the theory when it was being touted by his predecessors, the border, and his intelligence officials to investigate the idea all over again. we really know this is a weird situation where it feels like the media is almost creating the media. so an article come out in the media and other people write about what came out of the media. so it's not so much that there's new ev

once the boat is new campus campus who's on university is one of china's most prestigious institutions. and it has close links with chinese communist party. now hungry is government assigned a strategic agreement a few weeks ago to build this campus, which would see it opening by 2024 and enrolled international students. but critics say that this is a sign of increasing ties from prime minister victor open with autocracy like china months. we can see how that some of those names could be seen as controversial from china's side. now budapest man is among those who support the plans to rename the street he's being seen as a possible challenger to prime minister visual or on his knee. absolutely. so the liberal man for the past get a, a corner challenge. he repeatedly plans to run in next year's general elections against the right when popular prime minister victor old on a coda. sean has voice concerns about what he calls a china's influence buying in hungary correspond, told a press conference that he hopes that the project to fill the chinese campus doesn't go heads. but if it does, th

their plea for freedom from china was seen and heard around the world, after china tried to institute a new law that forced anyone charged to be tried in mainland china. a hong kong business tycoon fighting on the front lines of the protest frequently joined me from hong kong live to discuss. >> the dictatorship, we have to keep hong kong free. >> china made a promise. they said one country, two systems, and they are asking the chinese leadership to respect that commitment that they made. >> the situation is very serious. >> i think what it shows is an example of how china uses its power against its own people. >> we are fighting the first battle of this new cold war. we are fighting your battle here. please help us. >> he was arrested at least twice after that interview. the cries heard loud and clear from citizens in hong kong. a wake-up call to the world about life under the communist rule, something the chinese government prefers to keep out of the public eye. in light of china's turbulent year and its setback on its goal of supremacy, it is not crazy to wonder if this global pand

once the boat is new, campus campus food on university is one of china's most prestigious institutions. and it has close links with chinese communist party, now hungry. the government assigned a strategic agreement a few weeks ago to build this campus, which would see it opening by 2024 and enroll international students. but critics say that this is a sign of increasing ties from prime minister victor open with autocracies, like china months. we can see how that some of those names could be seen as controversial from china's side. now budapest man is among those who support the plan to rename the street he's being seen as a possible challenger to prime minister visual or abandoning absolutely. so the liberal man for the past get a, a corner challenge. he report the plans to run in next year's general elections against the right when popular prime minister victor old on a quarter. sean has voice concerns about what he calls a china's influence buying in hungary. court assurance told a press conference that he hopes that the project to fill the chinese campus doesn't go ahead. but if it

shows 60 percent of voters covid-19 was lit from an engineered lab in china, last march, 20 scientists split the u.s. national institutechina. it provided potential information on where and how covid-19 originated pretty but then according to the wall street journal, are nih deleted that information it at the request of chinese scientists. as ohio congressman a member of housing intelligence and mike turner, what is happened. two in the united states was dealing with china as if they were an equal partner. if your dealer in the midst of course china was not. there are bad actor and it already undertaken to cover up and they were not telling was happening. which of course was the ruler: of this virus. but as you see now what is the current information will getting from the cdc and nih is that perhaps our feeling of the time that china was a partner in those agencies lead to even the united states being complicit in helping the china with her cover up. it also questions the intelligence community actions if they were looking for information, what were they looking for was an assumption china was of her occurring this as

dpom of information request revealed march from april of 2020 show that an executive ties to china wuhan institutefor supporting a natural origin of the virus. the origin is still being probed by the biden administration and fauci is saying that bad faith actors are taking his words way out of comments. >> i said the most likely origin is a jumping of species. i still do think it is at the same time as i'm keeping an open mind that it might be a lab leak. >> keeping an open mind, what an original concept. these gop lawmakers minds are made up. as they call for fauci's resignation, thereby providing more content for gop. >> he should be fired. >> he should go. >> dr. fauci has blood on his hands. >> but fauci is not taking it all in silence. fauci is asserting that the hits against him are attacks on science. >> because all of the things that i have spoken about consistently from the very beginning have been fundamentally based on science. sometimes those things were inconvenient truths for people and there was push back against me. >> and that garnered more scorn. >> he could speak for him s selve

one email out of thousands showed that an executive with ties to china's wuhan institute of technologyci is saying bad-fate actors are taking his words way out of contest. >> you can misconstrue it hover you want. that email was from a person to me saying thank you for whatever it's thought i said. and i said that i think the most likely origin is a jumping of species. i still do think it is at the same time as i'm keeping an open mind that it might be a lab leak. >> reporter: keeping an open mind? what an original concept. these gop lawmakers' minds are made up as they call for fauci's resignation, will be the providing more content for gop tv. >> i think he should be fired not because it's personal. it's because he's a terrible doctor for the american people. >> could we see fauci go? >> well, he should go. dr. fauci has blood on his hands. >> reporter: but fauci is not taking it all in silence. >> it's very dangerous. >> reporter: fauci is alleging the hits against him are attack on science. >> because all of the things that i have spoken about consistently from the vee beginning ha

china. too many institutions of higher education rely on students from china to pay full tuition for their books for the same institutions do not understand the efforts by china's government's distiller intellectual property and subvert our research base. that business model needs chains and universities need to take the threat to china much more seriously. some are still toying with student debt forgiveness schemes that are breathtaking and has zero regard for the deep moral hazard that we are creating for bars, institutions, and taxpayers. the biting of ministration still is not released a plan for returning to loan repayments this october despite the fact that each year of the loan pause cost taxpayers more than the average budget of pell grants. all adults who have the chance to get back send it back to work. there is no reason to extend the nonpayment at this point. i agree there should be discussion about helping people who do not earn enough to make full payment. as a bipartisan solution called the repay act. her writing to get to work if only someone from the white house to pick up the p

china. loser, america. on january 31, 2020, america received warning that the coronavirus had possibly been engineered in the wuhan institute of virology in wuhan, china. in late 2020, america began investigating the link between the spread of the coronavirus and the wuhan lab. in one of his first acts as pd, joe biden prematurely ended the investigation of the lab. president biden and speaker nancy pelosi refuse to investigate the origins of covid-19 even with overwhelming support for an investigation. on top of that, president biden refuses to stop american taxpayer-funded research at that very wuhan lab. it has been more than a year since the pandemic shut down the country. today nationwide coronavirus cases have dramatically decreased. america is finally getting back to normal. businesses across the country are ready to reopen and welcome back customers. unfortunately president biden's bonus, the new monthly unemployment checks being distributed on top of the already existing unemployment checks, is paying a premium for workers to remain at home rather than finding work. the data doesn't lie. there are nearly eight mill

china. too many institutions of higher education roland students in china to pay for their books within these same institutions don't understand the concerns about efforts by china's government to steal or intellectual property and subvert their resorts -- research base. that business while this is change in university needs to take the threat from china much more seriously. some people areus toying with student debt forgiveness games that are breathtaking in its embrace of reckless financial responsibility and has zero regard for the deep moral hazard we are creating for borrowers institutions had taxpayers through the biden in this duration despite the fact that each year of the loan cost taxpayers more than annual budget grant. all adults that have the chance to get vaccinated and to get back to work. there is no reason to extend the nonpayment at this point. i agree that there should be discussion about helping people who don't earn enough to makele full payments. there's a bipartisan solution and i've worked with angus king called the repay act. we are ready to get to work if only someon

china. too many institutions rely on students from china painful tuition to pad their books. then the same institutions do not understand the concerns about efforts by china's government to steal our intellectual property and subvert our research base. that business model needs to change and universities need to take the threat from china much more seriously. some are still toying with student debt forgiveness schemes that is breathtaking in its embrace of reckless financial responsibility and has zero regard for the deep moral hazard we are creating for institutions and taxpayers. the biden administration still has not released any plan for returning to loan repayments this october, despite the fact that each year of the pause costs taxpayers more than the annual budget of pell grants. all the adults have had the chance to get vaccinated and get back to work. there is no reason to extend the nonpayment at this point. i agree there should be a discussion about helping people who don't earn enough to make full payment. there is a bipartisan solution i have worked with called th

that is a 10 year lo 1st speak to greg o sebastian, who's from me mckay to institute for china studies which publish the investment figures that you've just been taking a look at. just explain just it is a chinese companies are avoiding europe or are they just finding the opportunities elsewhere? hi, thank you for having me. so i think you can say that chinese better to avoid in europe. i think what we have seen in the last year is a global drop in f d i offloads that also affected chinese companies. and that was mostly due to the global pandemic that obviously impacted society brought the world, but also investment opportunities, travel restrictions as we write the report has halted or delayed deal making and changing economic circumstances have also meant that some firms have walked away from deals to name and example of the bank of china was meant required in iris stock broker and cited the changing economic circumstances as a reason. so i wouldn't say that europe has kind of fallen out of favor, was try to investors the countries through i think europe remained the highly attractiv

china for its human rights abuses in xinxiang. i think the u.s. is back in terms of multilateral institutions, china withdrew from the u.s.ing the global stage anymore. the combination of both recognizing the threat and the challenge that china poses sort of across the board but also returning to many traditional foreign policy values and approaches in terms of u.s. leadership on the global stage while still maintaining an openness to cooperating with china. i think that is important. secretary of state blinken has made clear that the u.s. wants to cooperate with china in targeted narrow issues like climate change in afghanistan, north korea and iran. it's not interested in a broad-gauge strategic dialogue where nothing gets accomplished and you're just talking for talking's sake, but it does make sense to work with china where they can. i think they've established a possible framework. we'll see how it evolves. it will be a very challenging relationship. >> this is a reflection on what is going to be the most important relationship the united states has in the world. probably for most countries it's the second most impor

china? mark:? mark: it's not been easy, steve. [laughter] however, i think the whole industry is looking at the long game. . there ought to be a compelling institutionalffering in china to be globally complete. for us the mission is very clear. despite the challenges, clients need a solution. we obey all levels and regulations everywhere, but our goal is to help clients -- we obey all rules and regulations everywhere, but our goal is to help clients. along the way, we managed to solve a few problems. ultimately, the goal is to ensure we are competitive as all of our competitors to be input to understand the landscape and offering the best advice to them. i think they are doing pretty ok . stephen: i will keep pushing you on the hiring numbers. sometime i will get you to tell me how many people you need. all the other banks are telling us they need to hire x number of people. mark: we already have one of, probably the most complete foreign set up. even local banks come and say, come on, mark, you guys have the most complete licenses. even foreign conglomerate fig, do not have as complete as us. becky is how we find the right people that have the jp mor

97 percent of all adults have received 2 doses of the corona vaccine produced by china compounds don't thought institute. and to hannah had become annoyed of health in a country with the world's 2nd largest cold in 1900. death told the results of the experiment were now stun monday on the ceo. his other day one is our cell. this unprecedented study shows that the number of deaths dropped 95 percent. the number of hospitalizations dropped 86 percent. and the number of people who are infected with the virus and felt symptoms dropped by 80 percent. i think this is good news for brazil and the world. the study shows that inoculating 75 percent of the adult population is enough to control the corona virus. even the more aggressive p one variant, which 1st appeared in the brazilian city, my now children up to 18 years old, were not vaccinated. but the study found that they had been indirectly protected by the white skill inoculation program and could return to school safely. down a success story is certainly good news, but not a guarantee that the rest of brazil will follow in its footstep present. jane wilso

. >> the wuhan institute is one of china's few level 4 labs with the highest level of biosecurity, enabling world's deadliest pathogens. it's famous in the scientific community, and so is its star researcher dr. shi zhengli, dubbed the bat woman for her work collecting and studying viruses from bats. >> she said that none of the sequences of the viruses that she collected matches the covid pandemic virus. >> yes. >> doesn't that clear the lab? >> if you believe that one, she has all the information, and two, she is telling the truth. >> dr. shi admitted early in the pandemic that she was worried the virus could have leaked from her lab. >> she told an american science journal that she remembers thinking oh, my gosh, if this is a bat coronavirus, could my lab and the samples i've been working with be involved? when shi zhengli learned that none of the samples that had been collected of this new virus in the earliest cases of coronavirus didn't match any of the samples that she and her team had sequenced from bat caves in years prior, she breathed a sigh of relief. >> the wuhan lab had been c

concerns around a number of different topics in china from human rights and the military financing and where we certainly would never finance any institution that's involved with the military and china and the financing of that. we see them playing an increasing role around the world. and, again, i think it's one of the reasons it's critical that we have american banks playing a role globally. >> well, we appreciate american banks leading the charge on economic freedom at home here for that student just getting out of an hbcu looking for a job and buying a house, but also around the world. but i think risk management is putting your company at risk and your clients at risk because it's hard in that system and the one belt/one road approach for you to be able to judge what's a good deal and a bad deal and what's a compliant deal and what's not a compliant deal. mr. dimon, i'd like to welcome you. [ technical chatter ] -- in coming to arkansas. and i want to submit a question for the record about the federal reserve policy. and i'll do that. thank you, madam chair. i yield back. >> thank you very much. and we are going to take a five-minute