so the process that we went through for the five-year cip, it is pretty thorough. we started back -- like i said in the fall, trying to really get our arms around all of the potential projects. so we looked at three key areas first, most of our projects come from staff, right, the property managers and the wharf managers and they're the closest to the facilities and we get the bulk of our project submissions from staff. the other place that we get is from our ferpa assessments, facility inspection repair project assessment. you can understand why we call it firpa. but that really gives us fantastic granular data about our facilities. we send out teams of engineers in different disciplines and that go over the piers and on the roofs and they give us condition assessments as well as cost repair estimates, and remaining useful life estimates so that's really the best data that we have on our facilities. and the last source of project ideas is project submissions from previous cips, where we didn't have enough money to fund the project. so we throw those back in the mi

china also has a payments system called cips, which russian banks might route payments through now theyr at least to some banks have been. joining me now from beijing is tom rafferty, regional director for asia at the economist intelligence unit. there are lots of questions about what china will do next. what are you hearing? that about what china will do next. what are you hearing?- what are you hearing? at the moment china _ what are you hearing? at the moment china is _ what are you hearing? at the moment china is still - what are you hearing? at the moment china is still doing . moment china is still doing very cautious approach on the diplomatic crisis and we are still waiting to see how it approach the issues of what level of economic support it provides russia in the years ahead. initially chinese companies and banks seem to want to demonstrate compliance on sanctions coming through in recent days. further down the line there probably will need to be a strategic decision taken at the top level of the country of the type of economic relationship it once with russia in the longer t

again, just repeating, russia's aim is neutralization of ukraine's military potential, and then kind of cipally saying a country like russia cannot fall behind the iron curtain. well, okay, but we clearly know the kinds of sanctions and economic implications that have been threatened and are very likely now for russia. i just reiterate, one thing we have been talking about, joe, in the fast few mornings has been the impact on russia. one thing we haven't talked about is the economic fall-out. the stock exchange here in russia had to be suspended in the early hours of the morning. as i mentioned the ruble is falling. what will it do to the russian economy. frankly the uncertainty and the uncertainty of how the war will play out. what will it do to the russian economy and to the views of ordinary russians? then, of course, will that leave president putin feeling more vulnerable and perhaps threatened? i will mention one thing i found chilling in president putin's statement which, again, has been replayed on russian television through the morning because we are talking about the threats of san

and the capital payment will use part of cip plus which is the next item on the agenda like the agency will have a large capital payment on this facility project. and we need to start the planningto have those dollars available in the fiscal year 2627 . >> okay. two specific questions about the redevelopment agreement contractit was long and very complicated . the only two questions that had to start on this point is a 16 and talked about what was the lead developer's cost versus us and one was if there project site conditions revealed that their due diligence investigation differ materially from the conditions imposed by the rest of the document that would be their cost so this gets to my question about and this is an issue with two of our most recent projects in this exact thing there is a difference investigation down on the project site from what the reference document that is given to the developer are. so that to me feels like we are not protected if during preconstruction or something different. there are unforeseen conditions or something different on the ground we didn't expec