guangzhou are in the second or third round of mass testing. mentioned the schools shutdown, brian. schools have been shutdown if you want to leave guangzhou, you need a 48-hour covid test before being allowed to leave. we talked about the fair that venue has been converted or in the process of converting canton fair into the quarantine center >> is there, eunice, is there any and i know with the media over there and the government control is very hard to have a different opinion officially is there anybody pushing back from a high level of the government saying with omicron or whatever variant it may be over there, obviously, here in the united states, lockdowns probably don't work very well. we had cases soared in the united states. that's just the data it's an airborne virus it is difficult to control is there anybody pushing back on what the government is doing and saying is it going to work anyway w what's the point >> reporter: there have been some epidemiologists who raised it in a sensitive way. by and large, officially, the align is st

they're halfway across the globe, in guangzhou, china.ere well, nobody really knows. >> they're very secretive. they don't talk to anybody, so it's very hard to know exactly what they're doing. >> usually, fast fashion companies take a month to get an item from design to store. but analysts say sheinuts that time to as little as week. >> it uses powerful algorithms to predict trends, and sometimes doesn't even start manufacturing until the order is placed. >> there is no magic formula. the only way you get cheap product is not paying workers and flouting any environmental standards. >> they have to hire a lot of temporary workers and they have to subcontract it to other small factories and house workshops. >> wu peiyue is one of the only journalists who went to shein's production sites in guangzhou to investigate their labor practices. >> she found a disparate web of crowded workshops underpaying people without official contracts. >> it's not that shein has child labor, or shein has abused their workers. but the issue is those workers are

in guangzhou they will be going down a similar road with testing underway.is pushing pressure on the consumer side, and as a threat to the manufacturing industrial story in china. there has not been widespread reports of china, but is it is expected to start showing up soon we saw some of that in the indian inflation data you mentioned. consumer prices reflecting 878% increase in -- a 78% increase in vegetable prices. and factories are now facing rising prices and covid disruptions. it is certainly downward pressure on the economy. manus: let's cross over to jules, there are consequences of this covid policy and of tech policy on the equity markets. jules, what did you do with the yield advantage? [laughter] juliette: it's going to turn negative for the first time since 2010. not too much of surprise as market watchers are expecting. we have been seeing foreign investors sell out about $14 billion worth of chinese sovereign debt the past couple of months. the question is if this will weaken the yuan. and what we can expect from the pboc with potential move s

nio down 9% and you have guangzhou city down in lockdown as well. tech space continues to fall out. th if you're a small business, there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose fiber solutions with speeds up to 10 gigs to the most small businesses. that's virtually everywhere we serve. the choice is clear: make your business future ready with the network from the most innovative company. comcast business. powering possibilities™. yvonne: chinese 10 year bonds in focus. we talked about the yield premium disappearing. take a look at what we are seeing across u.s. 10 year yields. phenomenal yields -- of the nominal yield flat when it comes to the chinese 10 year yield. what that means for the currency has a lot of implications. haslinda: let's bring in bloomberg emerging-market strategist simon swint. it was just a matter of time. >> absolutely. you had a l

the southern city of guangzhou has also introduced restrictions and begun building hospitals.olitical turmoil and change is at the top in pakistan. the country has a new prime minister. shehbaz sharif was the only contender, after lawmakers removed imran khan in a no-confidence vote. he will form a new government, and elections are planned for next year. >> >> shehbaz sharif is declared to have been elected as prime minister of the republic of pakistan. [cheers and applause] reporter: he was the only candidate left standing after ousted prime minister imran khan and his party members walked out of parliament. >> this is the first time in history that a no-confidence motion has succeeded. it is a victory of righteousness and evil has been defeated. reporter: pakistan's new interim premier shehbaz sharif, is no stranger to the country's tory politics. his brother is the disgraced former prime minister nawaz sharif, both members of a family dynasty that has been prominent in government r decades. during that time, they have been cused of money laundering and corruption, charges t

china is covered by a new wave of coronavirus guangzhou is closed to entry and exit shanghai in lockdownhat the entire industrial south of china is preparing for a big restriction. well, a malfunction of the equipment could cause a gas explosion in a residential appetizer in stupino near moscow. the russian armed forces succeeded to oust ukrainian neo-nazis from one of the most fortified guns, less than an hour ago , the ministry of defense in the kharkiv region reported this. the village of kamenka is occupied, it is on the border with the donetsk republic, about fifty kilometers from slavyansk and kramatorsk, in just one day, according to the department, the russian aerospace forces destroyed almost 80 ukrainian military facilities military district for advances actively use natural shelters, the main task is to provide a corridor for the advance of the main forces. tankers operate with the support of motorized rifle units moving on infantry fighting vehicles and armored personnel carriers. point kamyshevakhu, went as part of an armored personnel carrier on their tanks. they went ahead

so in the city of guangzhou, a school no longer works and the entry and exit of transport is partiallyed 25 million. shanghai has been locked up for the third week of the camera. drone robots track down violators of isolation on the street, and if they are detected, almost instantly delays the patrol to leave the house only allowed to take the test. the program who is against dmitry kulikov is a platform where the main events of the day are discussed, analysis of different points of view weighted arguments and always professional experts in the studio today at 14:55. don't miss it as soon as the news is released. well, now your regional news is with the residents of moscow and the moscow region. we 're moving on. from the explosion of household gas in a mortar, all the necessary assistance will not be provided to those who are in the hospital and those who were left homeless. the bandage that turns into gel a new attraction of the wounds of diabetic patients we freeze our materials with liquid nitrogen and leave to dry authentic letters and engravings that belonged to peter the great p

said that he was closed for exits, the main production center and only the prc but also the world guangzhoulonger be stopped. so , according to the ministry of defense, 78 military facilities of ukraine were destroyed over the past day by the operational-tactical aviation of the russian aerospace forces, including four drones of the kharkiv and mykolaiv region, three enemy command posts, positions of short-range anti-aircraft missile systems and four ammunition depots, as a result of high-precision strikes in the areas of the settlements of vozdvizhenka 2 and ivanovka, donetsk region, nine tanks were destroyed five self-propelled artillery installations acacia five multiple launch rocket systems grad and more than 60 nationalists, and the details of the special operation to protect the inhabitants of donbass were told by official representatives of the ministry of defense igor kvashenkov. sunday, april 10, high-precision sea-based missiles of a caliber on the southern outskirts of the city of dnepropetrovsk destroyed a sheltered avant-garde equipment of the zenith missile division s-300 sup

all eighteen million residents of the southern chinese city of guangzhou are to be tested for covid afters have asked people not to start panic buying. in shanghai — which reported nearly twenty four thousand new daily infections on saturay — there are reports of unrest because of a lack of food. more than a thousand people have taken to the streets of tunisia�*s capital, tunis, to protest against what they�*re calling a power grab by the president. some shouted down a power grab by the president. president kais saied dissolved parliament last month after earlier scrapping the country s independent judicial council. lastjuly he sacked the government and seized wide—ranging powers. american travellers will no longer have to specify their gender on passport applications. in addition to the option of selecting male or female, applicants will be allowed to mark their gender as x, regardless of what is written on their birth certificate. activists say the move is a milestone in the effort to make such rules more inclusive. let�*s turn to the uk now — where the chancellor — rishi sunak — has as

announced that they are closing the main production center not only of china but also of the world, guangzhoualitsky mikhail artem , china around the world today remember the victims of nazism, april 11 is the international day of the liberation of prisoners of nazi concentration camps, on this day in 1945 the prisoners of buchenwald rebelled and millions of civilians , including women's children and the elderly, broke free as victims of punitive punishers during the war years about what they had to go through in the reports of salima zarif gena gennady antonina our soboleva and me here far right this famous frame was taken after liberation of the prisoners of the petrozavodsk concentration camp, all six sobolev sisters were imprisoned; younger was only 3 months older than 14 years old, average. claudia was only six , the punishment followed for any offense for an attempt to escape was shot, but when they began to make their way, i tried it with a spoon, the sentry noticed us. well, i started shooting here on my hip, i have a trace right in the form on the outskirts of petrozavodsk , the barr

base this is near the ukrainian canal that threatens all the largest centers of shanghai guangdong guangzhoukong beijing, including if any weapons are located there, let's say a medium or large missile range, and the entire territory of china is under threat, which is now happening in the twenty-first year, already flying into means chinese aviation into the territory, and the airspace of taiwan is comparable to the real start of hostilities. that is, it was in october. i can now be in november, but the flight and a one-time back day flew in, 120, in my opinion, one piece of military equipment. this is a full-fledged raid that simulated the actual start of hostilities. we just mentioned the conversation of baidan xi jinping, one of the speakers there, who was quoted right during this conversation, the chinese air balloons entered the taiwan strait. that is, there is no talk of detente actually in the twenty-fourth year, in theory, if the united states had not provoked taiwan in taiwan, the pro-chinese party would have come to power and this connection would have happened peacefully in the sa

turning to china now, where the megacity of guangzhou has cancelled hundreds of flights and launchedsuspected covid—i9 case. it mirrors the approach in shanghai which has been under lockdown for the past five weeks. but there are signs of a small shift in government policy, as robin brant reports. we are approaching the end of our fifth week of a lockdown that has confined almost everyone in this city — this vast city of almost 25 million people — to their homes, or in some cases their places of work. now, the good news is that the statistics appear to show the cases are consistently coming down. so that is good news. but this thing has not bottomed out yet. the government is shifting the goalposts slightly. it's not aiming for absolute zero covid now. what it's aiming for is something it calls "societal zero covid", so no cases are springing up outside of quarantine centres, outside of places where people already identified are being contained. so that's what it's aiming for by this weekend. it has been brutal, though, for many people. tens of thousands taken off to quarantine centr

in august, the chinese supreme court says that all cases related to ever grand should go to the guangzhou to consolidate everything into one place and have everything put together there. and by allowing some courts in other parts of china to accept cases to potentially hear those, it may allow local creditors to more easily see assets from ever grand but it might also complicate things because with $300 billion in liability, that restructuring was already going to be one of the most complex, most difficult things that would take years to unwind itself. now we may have different cases and different jurisdictions. that might complicate things even further. >> what would it mean for investor sentiment? >> it is hard to know. we are just going to have to see what kind of cases -- we will have to see if they are going to be person-to-person as of cases, if they are going to be homeowners suing the developers kind of cases or if it will be something eager. developers and builders always face small losses from individual homeowners and projects related to construction deficiencies. until we have

all 18 million residents of the southern chinese city of guangzhou are to be tested for covid after theals have asked people not to start panic buying. in shanghai, which reported nearly 211,000 new daily infections on saturday, there are reports of unrest because of a lack of food. more than a thousand people have taken to the streets of tunisia's capital, tunis, to protest against what they're calling a power grab by the president. some shouted "down with the coup". president kais saied dissolved parliament last month after earlier scrapping the country's independent judicial council. lastjuly he sacked the government and seized wide—ranging powers. spanish police have seized what is thought to be one of the largest hauls of animal taxidermy in europe. they found more than a thousand specimens at an industrial warehouse in valencia. the haul included some extinct animals and endangered species like lions, cheetahs, and the bengal tiger. investigators estimate the stuffed animals are worth about $30 million. let's turn to the uk now, where the chancellor, rishi sunak, has asked the pri

in guangzhou, 18 million people are about to be tested because a handful of cases were found there butpolicies on the economy. it's already announced an increase in fiscal spending and also tax cuts for smaller enterprises but as long as this pandemic wave keeps spreading, the outlook for the chinese economy will remain highly uncertain stop energy firm ineos says it wants to build a fracking test site to show the process can be performed safely. the company claimed extracting shale gas in the uk could make the country "self—sufficient in 10 years". the firm has written to the government asking to develop a site, with its boss sirjim ratcliffe saying such a move would "reduce the cost of energy" and ensure "long—term energy independence". joining me now is marc ostwald is the chief economist and global strategist at adm investor services international good to talk to you. this is hot on the _ good to talk to you. this is hot on the heels _ good to talk to you. this is hot on the heels of - good to talk to you. this is hot on the heels of the - good to talk to you. this is. hot on the h

there are new restrictions coming into place in guangzhou, the main exporting trade hub within china.'s check in on these markets. the benchmark in europe down 0.5%, paring some of the heavier losses, but still significantly in the red across the european space. banks and insurance among the sectors in the green. basic resources and technology firmly lower. the focus is on the politics of france in the volatility that some expect over the next two weeks. francine: the focus will definitely be on the reframing of the campaign. it is the second campaign that each candidate will have to look forward. they are going face-to-face, marine le pen, emmanuel macron. it does not feel like a repeat of 2017 because it is a different dynamic. also, the president has been in charge for five years, so everything that will be against him is a vote for change. we will talk politics with our guest. ♪ tom: welcome back to the open. we are 30 minutes into the european trading day. advantage macron. of the first round of the french presidential elections gives the president a narrow lead over green le pen

stories from china's financial hub have residents in other chinese cities stocking up, from sujo to guangzhouged foods surging. this as china's national health commission warns of more cases and publicly calls out shanghai for not effectively containing the virus, shifting blame to local officials for allowing it to spread to other places. china's strict zero covid approach forcing dozens of cities into weeks' long full or partial lockdowns. residents in jilin banging on pots to protest. most of the 24 million people in the northern chinese province confined to their homes for more than a month now. back in shanghai, the joys of freedom for some might last only a few hours as it takes just one new case nearby to send them back inside, resetting the clock for their community. another 14-day sentence in lockdown. a seemingly endless cycle. david culver, cnn, shanghai. >> you're watching cnn. we'll be right back after a short break. what can i du with less asthma? with dupixent, i can du more... crazy cocommutes... crowd control- have a nice day alex (thanks ms. ellen) ...taking the stairs. that

we are also hearing, paula, that the city of guangzhou there have been only 11 cases but city officialsult there is panic buying going on in the city. it just goes to show what people are experiencing with the government adamant that its dynamic zero covid policy which china's president heralded as great success, this is what they have to live under and the fact they can call these snap lockdowns terrifies people. >> and you think for good reason those residents are out stockpiling food when as you say they have seen what has happened to other towns and cities when they have had a few cases. appreciate it. >>> now coming up on cnn newsroom, tiger woods does something, you know, kind of record breaking but not what you're thinking. we'll explain when we come back. i started screening for colon cancer because of my late husband jay. i wish he could have seen our daughter ellie get married, on the best day of her life. but colon cancer took him from us, like it's taken so many others. that's why i've made it my mission to talk about getting screened and ask people to share their reasons wh

other areas in china struggling to get covid under control, co guangzhou is a major city outside hong kong. they're closing schools and banning most travel to the city. now we're hearing some horror stories of people's experiences in lockdown. in beijing here's cnbc's eunice yoon >> reporter: this isn't the image the chinese government wanted associated with its covid lockdown a video of shanghai residents screaming from their balconies after a week trapped in their apartments under the city's strict lockdown. anyone who tries to get out to the street faces this, barriers or officials the only reason deemed acceptable by the authorities to pass, to take part in one of multiple rounds of testing for the city's 26 million population mandated when the lockdown officially began march 28th.h. some residences, though, have been shut off for weeks longer, sparking protests, cries for freedom, and conflict with those in charge. food and medicine in the city are in short supply, forcing residents like this mother to beg for medicine for her baby. those who test positive are pleading for better

other areas in china struggling to get covid under control, guangzhou, they're closing schools and banningtravel to the city. now we're hearing some horror stories of people's experiences in lockdown. in beijing here's cnbc's eunice yoon >> reporter: this isn't the image the chinese government wanted associated with its covid lockdown anyone tries to get out to the street faces this, barriers or officials. the only reason deemed acceptable by the authorities to pass, to take part in one of multiple rounds of testing for the city's 26 million population mandated when the lockdown officially began march 28th. some residences though have been shut off for weeks longer sparking protests. cries for freedom and conflict with those in charge forcing residents like this mother to beg for medicine for her baby those who test positive are pleading for better treatment too. this video shows conditions at a government quarantine center converted from a venue that normally showcases shanghai's role as a global trade hub today thousands of isolation beds let me go home this woman cries. i'm begging you.

crisis deepened monday, as authorities announced plans to test 18 million people in the city of guangzhou, northwest of hong kong. officials sealed off the city to most new arrivals and canceled in-person classes for school children after officials tected just 27 coronavirus cases on mday. this comes amid growing popular protests against a sweeping lockdown in shanghai, where some 26 million people have been confined to their homes for up to three weekssometimes without access to food or medicine. some parents report they spent days separated from young children who tested positive for coronavirus. here in the united states, philadelphia has become the first major city to reinstate an indoor mask mandate after a sharp rise in new covid-19 cases. the move comes just six weeks after philadelphia officials dropped indoor mask requirements put in place amid record rates of infection last winter. meanwhile, several prominent u.s. universities -- including columbia, georgetown, johns hopkins, and rice -- have reinstated mask mandates on campuses. the number of u.s. infections is once again risi

the horror stories from china's financial hub have residents in other chinese city from guan guangzhouy warn of more cases. and publicly calls out shanghai for not effectively containing the virus. shifting blame for local officials allowing it to spread to other places. china's strict zero covid approach forcing dozens of cities into weeks' long full or partial lockdowns. residents banging on pots to protest. most of the 24 million people in the northern chinese province kwon confined to their homes for more than a month now. back in shanghai, the freedom might last a few hours as it takes one new case nearby to send them back inside. resetting the clock for the community. another 14 day sentence in lockdown, a seemingly ends cycle. david culver, cnn, shanghai. >> incredible scenes there. our thanks to david culver in shanghai. >>> now, when the wheat field turns into a battlefield. how the war in ukraine is fuelling a food crisis that will be felt around the world. that's coming up. neutrogena® hydro boost lightweight.t. fragrance-free. 48 hour hydration. for that healthy skin glow.

guangzhou, with 15 million residents, is now closed to visitors.frin reports on china's zero covid policy that has pushed residents in shanghai to frustration and anger. [shouting in mandarin] nick: in one of the world's richest cities, residents scream, "give us food." last week they were so hungry, they ransacked a grocery store. in this apartment complex, a woman screams, "we are starving to death." but police in hazmat suits enforce the rules by any means necessary. they take a woman who didn't want to test and separate her from her husband. just yesterday, a man tried to hide on his balcony. no match for authorities imposing one of the world's strictest lockdowns. [shouting in mandarin] nick: and after three weeks of containment, residents are willing to confront the communist state. the anger aimed both ways. a city worker had to be restrained from attacking a resident who criticized him. today, as they do every day, residents lined up for mandatory tests. and some restrictions have been eased. but much of this metropolis is still locked in s

and, in china, the manufacturing hub of guangzhou closed itself to most travelers.nwhile, shanghai began easing its lockdown inlaces amid rising criticism from residents. that's despite a new daily record yesterday of more than 25,000 infections. campaigning began in france today for a two-week race to a presidential election runoff. president emmanuel macron was out and about after leading sunday's first round. far-right populist marine le pen surged late and finished second. macron beat le pen by more than 30 points in the last election five years ago. polls show it is much closer this time. and in pakistan, lawmakers chose opposition leader shebaz sharif as interim prime minister today after a political crisis in the nuclear-armed nation. imran khan had been ousted sunday in a no-confidence vote. more than 100 lawmakers loyal to khan walked out and resigned today. sharif denounced khan over political divisions and economic mismanagement. pm sharif: today is a great day for the whole pakistani nation, cause this parliament has thrown out a selected and fake prime

i mentioned guangzhou in plummeting mass testing, they're also shutting down schools, in person -- theymass testing, shutting down schools, in person school. beijing will start implementing some of its toughest restrictions since a couple of years ago when the pandemic began to essentially stem what they are seeing is spreading to other cities in the omicron wave. shery: -- haidi: stephen engle with the latest on the lockdowns across china. we should get the country reporting cpi data for march in the next hour. our next guest says they will remain mild. it is great to have you with us. is the milder inflation number due to weak demand with the ongoing covid crisis? what are your expectations for what sort of numbers we can expect today? >> thank you. the inflation in march will rise moderately to 1.2% year on year. we do see the government prices have been cut twice in march, 11% higher compared to february. other consumer prices might -- because of weak consumption demand and households amid the elrick of omicron. -- the outbreak of omicron. shery: what policy moves should we expect,

there are more and more cities that are imposing covid restrictions for example, manufacturing hub guangzhouidents and shutting schools. ningbo is limiting travelers and banning indoor dining and gatherings wuhan, which of course is the original epicenter of the coronavirus, is requiring negative covid tests for anyone who wants to ride public transport. so bus or the subways. the lockdowns have disrupted trucking routes, logistics, and food supplies, and that has been stoking inflation. so the latest numbers for march show that producer prices for march as well as consumer prices rose faster than expected and the ppi was also up due to high oil costs. leslie >> you know, it's david. i have a quick question. the numbers that we've seen, and i'm sure you have the updated numbers, indicate that people are not getting overly sick and/or the death rate has been extraordinarily low and yet that doesn't seem to be moving the officials to loosen the lockup, or does it >> well, in terms of the numbers, there are a lot of questions about the numbers. especially when you mention the death rate right n

know you were talking about hoarding and we were discussing hoarding the hoarding kicked off in guangzhouunced. you're starting to see people wanting to hoard all around the country. in fact, one of the most popular things people are looking at right now are lists for quarantine it's like what do i need to do to prepare for quarantine. there are two types of lists one is for if you get thrown into government quarantine, what do you bring some of the popular items are slippers and sheets. and what do you do if your building goes into lockdown. some of the items are mainly food, rice, cooking oil, as well as toilet paper. but the one i thought was also interesting, what's being recommended is people buy cigarettes and diet coke because apparently there's a bartering situation going on so that d cigarettes get you out of jams and diet coke is for your mental health. >> i'm not surprised there's hoarding before lockdowns are announced when you see videos of people yelling out the windows in shanghai who haven't been able to find food. >> yeah, absolutely. everybody in different parts of the c