the chinese state council and communist party central committee released the document late wednesday, laying out their blueprints for the next 5 years. now the, the paper says officials would quote, actively work on legislation in several areas, including national security technology and monopolies. it adds the government will look to provide healthy development of new business forms with good laws and good governance related to the digital economy, internet finance, big data, and a series of other tax fields. as we have seen in recent weeks, investors are keeping a close eye on the regulatory landscape in china after the nation find e commerce giant alibaba. $2800000000.00 back in april, taking issue with anti competitive practices of big tech firms and mandated cybersecurity reviews of companies listed on foreign markets. the most high profile of which is right sharing, giant didi. so what does this mean for chinese companies as the nation looks to become the world number one, economy, while the discuss bring into bus co host christy. i to discuss. christy, what do you make of the d

council in negotiating those words. we know the russians and chinese were very critical. and the council of resolution and the united states, withdrawl, they said that there was an attempt to shift the blame away or shift the blame to the taliban. for the u. s. is 20 year occupation and it's, it's role in the break up of the country there. so always difficult to get agreement from the security council here. but the fact that they did come out with a statement on the eve of the us or on the verge of the u. s. withdrawal was certainly somewhat of an accomplishment that can't be denied. christians will be there joining us live from the united nations. we're also hearing on the wires just one line at the moment. of course we will update you is get more on this of the taliban is now declaring independence will get more context around that statement for you as we go. gave ellison though, is live in washington d. c. gave it is a historic moment for the us, but listening to the guests talking about how this moment in foreign policy and these past 20 years will be characterized for the us said let's start there. yeah, that's right.

today, we saw chinese adrs under pressure because of the crackdown in china, with the state council singh oversight will continue for another five years. -- saying oversight will continue for another five years. >> yes, they're being told they need to rein in improper marketing. they are targeting these sectors and companies that contribute to inequality and affect people's livelihoods. they have been targets for speculative price gains. what we have also seen is the currency, the renminbi has been relatively calm. what could potentially unnerve yuan traders? sophie: rbc capital shrugging off equities, they point out the virus outbreak on the mainland is the biggest risk to the renminbi, and the delta spread has prompted a flag for pressure on third-quarter growth, with calls for the pboc to ease, this as debt growth and limited financial risk is allowing scope for that potential move at the central bank. flipping the board, moderating price pressures for the philippines could see the bank extend the great today. we have inflation data for japan and india, and expectations for new zealand

chinese bureaucracy, the media. and in this case, the voice of the party, the voice of the state council, pronouncing in the online gamings the new opium. and what is really dangerous is you have these announcements coming out, being made by people who have to take no responsibility at all for the conseq. so then you have the regulators trying to calm market jitters. matt: it really must rile up the party when these media outlets all of a sudden cause hundreds of billions of dollars in drops in their companies. we had met windsor on earlier this morning and his article says the biggest companies in the world are still overwhelmingly american, and when china gets up there, these regulatory scares knock them back down. andy: investors will have to get used to the idea that the rules of the game have changed in china. this is not a market economy, not an economy that intends to maximize profit. it is the opposite. in key areas, they are determined to minimize profits. and in some cases, they want to eliminate them altogether. but you have to understand the political economy, where president xi wants to take society, what he

of france. ireland said that clearly in the council the united states said that adjustments were made to the text after lengthy negotiations with the chinese and the russians. so that was a disappointment, but western powers attempting to put a positive spin on the same we did get it passed and this is just the starting point. we can keep talking going forward. and kristen, what are the next steps? because this was very much described, wasn't in the briefing as a good 1st step, but what are the next steps? absolutely. well, we know, for example, that the mission of the united nations in afghanistan, the united nations assistance mission for afghanistan, nama, as it's known, the mandate for that mission expires in september. so many are seeing this as an opportunity to revisit some of these issues. to look at how things are going perhaps strengthen the international communities response there. again, many said that that would be a good opportunity. my, my colleague al jazeera producer, amanda price asked about these further steps of the u. k. ambassador, she said that she pointed out that the taliban really wants sanctions against them lift

march with a chinese official and they were -- he was lecturing america about our sins and then tony blinken, the secretary of state, then approaches the un about having the human rights council us on systemic racism. that's what they are. they are ashamed of america. rather than being proud, rather than words, may god bless america and may god have mercy on the souls of our enemy because we will not. joe biden is on the run, 'cause he's ashamed. >> you know, i wonder, dana, did general milley's take on white rage, is that going to help with the taliban. >> it will not. >> i didn't think so. >> i can answer that. general keane said something on air about a week ago. he said his entire career president biden has been relentlessly stubborn so that's one of the reasons why he would never say what jack 0 was suggesting but there is one president who, very hard thing to do and to bring to the american people and is extremely unpopular and eventually it worked and that was when president bush did the surge. talk about unpopular to say actually, we had problems, we've made mistakes and we need to send more troops in. and not even -- even the cabinet was like oh, no, we're not. and i

chinese consumer. shery: it seems that the crackdown could be going on for a wild, at least for another five years as the state council has not released those guidelines until 2025. more oversight on all of those different sectors. stay with us. we have two big interviews coming up. an exclusive conversation with lenovo's cfo to look at the company's latest results and we will be talking to james torsten after first-half earnings. haidi: but first, let's take a look at how markets are trading up in asia. sophie: this thursday, asian futures are pointing to a muted start at the cyclicals led a rise. how policymakers manage covid outbreaks is top of mind for outbreaks with japan expanding areas of the virus emergency. we have seen a pickup in south korea and in the philippines, the bsp is expected to stand pat on its policy with the central bank pledging to stay accommodative as necessary given the downside pressure on the philippine economy. that has spread more speculation for pboc easing. divergent views on that. recovering given the dollar weakness that we saw in the wake of the inflation data from the u.s. dollar.