but the other thing about li chung is, is not just who he is, but who the it isn't leeker chung leeker chung had a very specific and distinct role as premier because he was genuinely arrival to she's in thing he's the man who could have had at she's job and so although power was taken away from the state and continues to be taken away from the state to the party, it was also an important degree to which leeker chung was sidelined by houston ping . and he was, in a sense, the head, the remaining head of the youth leak faction. emily chunk doesn't have that. and the question in this is whether he will be trusted somewhat more by she didn't ping to actually do the job of running the economy in the last few years. she didn't ping, it wasn't just the, the role of the party that at an increase. he personally had been making most of these decisions. the question is whether the town might at least be given a bit more space to do some of these things himself. right. and it, do you think that a lead shanks appointment is going to attract or deter, invest as primary foreign invest a short answer

he says baiting and washington need to work together. li chung is tasked with reinvigorating the slowing economy and achieving this year's growth target of 5 percent are made to the to learn far from the currently our economic gulfport is large and he has exceeded 120 trading lot. and we also faced quite a lot of new challenges who's hard to achieve a growth of a wrong 5 percentage of sasha high base figure is not an easy task for anita well require redoubled efforts. the former shanghai chief is credited with creating a nasdaq staff stock market for the financial center and persuading tesla to build its 1st overseas factory on the cities outskirts, boosting employment, and the private sector are among leads, top priority is low, but he's also known for the mismanagement of a brutal corbett 19 lockdown that paralyzed the see for weeks was shows analysts say li chung's loyalty to she didn't pin always trump. his personal policy preferences woke me up or think a lot about shifting in positions and on his own or the c. p. system especially on the she i think is um, is tightly managed enough

managed enough such that you know, the, the diplomats, the officials will do what they are told. li chung is just one of several close allies. seating ping has installed in the top ranks of the communist party. this may need more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina, you al jazeera meeting well as china and looks at building its military. the leaders of the u. s. u. k. and australia said to announce planned to provide australia with nuclear powered submarines us present. joe biden is on his way to california where he'll be meeting the u. k and australian prime ministers. many analysts say the arcus security alliance is aimed at countering china is influence in the indoor pacific region. al jazeera, defense editor alice capitalistic space, a strategic alliance signed in 2021 by australia, the united states, the united kingdom. it deepens, defense ties between the 3 countries. it enables them to share more intelligence, swap, defense technology and training, and base u. s. submarines and per

managed enough such that you know, during the diplomats, the officials will do what they are told. li chung is just one of several close allies. seating ping has installed in the top ranks of the communist party. this may need more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina, you al jazeera paging. north korea state media says the country as test fired to strategic cruise missiles for supper in the latest launches came just ahead of planned military exercises by the united states and south korea. on monday, drills nicknamed freedom shield. a said to last 11 days, north korea calls them preparations for a war of aggression. rama bride reports from sol. according to north korea, state run media. the 2 missiles were launched from a submarine office east coast in the early hours of sunday morning travelling some 1500 kilometer is supposed to be the 1st time the north has launched cruise missiles in this way. and it comes as it continues to develop its tactical nuclear arsenal of short range weapons to

so what's li chung's background? yet she is background is quite pro business. he grew up in one of the most developed provinces in china in judge young. his 1st prominent party position was the party secretary of a window, which is but seen by many observers as the credible of our chinese enter promotion after the opening up of the economy and a later, his big breakthrough came as the party secretary of shanghai. the number one, business city of the country, and yet he had a some major achievements. he attracted a lot of our companies to build factories in the city, for example, tesla. and i spoke to many who interacted with him and they said that he was very hands on nerves that are found a talk me that he had the chance to um, talk with him for 4 hours, listening to the business concerns, et cetera. that's the one site, but the other site is also he was responsible for a 2 month locked aren't exactly one year ago, which are basically brought the economy of the leading chinese city to a standstill. and, and that, of course, also is quite concerning because he

she is expected to unveil a new premier li chung who oversaw controversial pandemic locked downs as parties secretary of shanghai. a particular interest this year is a report from the congress about how china plans to revive its economy. the world's 2nd biggest, which has been hard hit by long locked hands in the run up. she hinted at reforming the system of financial regulation and policy making. the party wants to get more involved in private business. leading tact i coons like ali baba founder jack my and bite is robin lee had been left off the list of delegates. instead, the congress is expected to focus on scientific research aimed at boosting domestic production of semiconductors. and the backdrop to the congress is growing tensions between china and the u. s. washington fears at beijing could start to supply russia with weapons and ukraine. and for more on this, i speak now to journals fabbing credit for in bridging this one, stop on one number, 5 per cent. as a growth target does not seem modest to you where it's not only modest, it's the lowest growth target since more than 25 year

so we know that li chung actually wants to do that, but it will be painful. so i think the challenges are quite a big and his task will be difficult. that wasn't journalist 5 in customer in beijing, 5 a and thank you so much. let's turn our attention now to some of the other stories making news. this our columbia government and the largest remaining rebel group known as the e l. n. say they are making progress towards a temporary cease fire. the announcement comes as a 2nd round of tease talks between the 2 concludes in mexico city. nearly half a 1000000 people were killed during decades of conflict between the state and various armed groups. federal regulators have rushed to seize the assets of silicon valley bank after its suffered the 2nd largest bank failure in us history, as phoebe's collapse, cent account holders scrambling to withdraw their money, and it sparked anxiety among its tech. heavy clientele, worries of wider chaos, appear unfounded, though, as the biggest us banks have healthy balance sheets. iran and saudi arabia have agreed to re establish

could you please tell us why li chung was chosen by president she for the premier ship? what are his qualifications? as you suggested in your introduction, his most important qualification is his loyalty. he's one of a number of officials at the top of the party now who primarily other roles to their personal relationships with. she didn't ping at different stages of his career at lee chang had a role in a job that's often called his chief of staff. bach, him back in judge young. and after that point, he was all the core helicopters into a number of other roles. and primarily around that cluster of provinces on china's coasts, am in john to judge young and then latterly as potty certainty of shanghai. he hasn't held positions in beijing in the central lead, a ship running the country before. and he seems relatively business friendly, relatively reform minded. but the most important thing is he's demonstrated his loyalty. he's not a figure that's come from, for instance, another faction. he's not someone who has really independent standing, his standing comes from his thi

is on as tightly managed enough such that the diplomat, the officials will do what they are told. li chung is just want to several close allies. didn't thing has installed in the top ranks of the communist party. this may mean more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina, you al jazeera aging. us president joe biden has tried to reassure americans at the countries banking system is safe after the collapse of silicon valley bank, the largest failure of an american bank since the 2008 global financial crisis. the biden says that customers and taxpayers will not bear any losses. kimberly how kit has the story now after a weekend of dramatic whitehouse emergency actions before us president joe biden on monday announced that the banking system is safe. but it made the announcement following the collapse of silicon valley and signature bank last week, 2 of the largest bank failures in us history. on friday, us authority shut down silicon valley bank to protect depositors doing the same on sunday for

and i'm sure he said the li chung is widely expected to replace the the outgoing premier li coaching. what's, what's his relationship with president, she, how will things differ with him in the role compared to his predecessor? well, i think we can expect some significant differences. one of course because there's a new person in the job. but also, as surely alluded to, there are some important structural reforms going on as well. not only within the government emphasized science and technology, intellectual property protection, data as a factor of production, but also others of greater integration between the party and the government. so for those 2 reasons, i think we can expect, ah, some meaningful changes are in the role of the premier or in the role of the state council and the role of the government. but we also have to recognize to that again because of the leading role of the c p. c that ali chang is also number 2, i after is using ping on the up holiday bureau standing committee, which is the highest ah, level of leadership at the party. so i think for these reasons, and of c

is um as tightly managed enough such that the diplomat, the officials will do what they are told. li chung is just want to several close allies, didn't thing has installed in the top ranks of the communist party. this may mean more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina, you al jazeera aging. no, chris state media says that it's testified to strategic cruise missiles from the submarine. the latest launches came just ahead of planned military exercises by the u. s. and sounds great on monday. the drills nicknamed freedom shield are sent to last 11 days. both critic holes and preparations for a war of aggression rob bride has moved and sold. according to north korea, state run media, the 2 missiles were loaded from a submarine, operate east coast in the early hours of sunday morning travelling some 1500 kilometer is supposed to be the 1st time the north has launched cruise missiles in this way. and it comes as it continues to develop its tactical nuclear arsenal of short range weapons to threat

she didn't ping li chung will officially be confirmed as premier. taking over lee could child who is held the role for 10 years. a slew of top economic and political positions will also be filled, including central bank, governor, vice and state ministers, all by officials reportedly close to see the re shuffle followed the 20th communist party congress in october, where he secured an unprecedented 3rd term as china's supreme leader who for the 1st time in 10 years that segan paying is going to have his people leading all of the major organs of state power in china. so the outside of that is that we could see more efficient policy implementation of she's priorities. but the downside is that after 20th party, congress has become pretty clear that stage and paying wants to continue taking china in a more ideologically controlled, more economically statist and more diplomatically assertive direction. there will also be an extensive reorganization of state and party institutions giving see more control of china's financial system. last year's growth rat

managed enough such that, you know, does the diplomats, the officials, will do what they're told li chung is just one of several close allies. seaton ping has installed in the top ranks of the communist party. this may need more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina, you al jazeera beijing much more still had for you on the program, including this story. the united nation is saying that negotiations are the only way forward after dozens of killed into attacks in the eastern democratic republic of congo. ah, ah. hello the weather, sloshy set fare across southwestern passive here, but away from here it's looking very unsettled. indeed, lots of cloud piling in from the atlantic lots of ray as well, where the systems just ganging up and they will feed their way for a tiny packed ice, abbas, why straits as well? so some very strong winds. we do have wind bonnie's in force across our parts of the british isles and the holiday of ireland. some snow still a possibility as a b a for the next couple

assuring investors his country's economy will bounce back on to bank battered by pandemic restrictions. li chung told the annual bow forum for asia that china is opening up to the world and delivering reforms to revive growth. is the opportunity to urge age and countries to work together for peace and stability in the region. you charge up the theme is this is annual conference and uncertain world solidarity and cooperation for development and challenges is highly relevant to our times and responsive to share concerns. it is of a strong practical significance in a world of turmoil and transformation humanities faced with unprecedented challenges. instability, uncertainty, and unexpected developments have become the norm. amid the momentous shifts, where uncertainty abounds, people use for more and stronger forces of certainty to drive the world to a brighter future, which had kimber has more from hong kong, political and a financial lead us more than 50 countries around the world gathering on the southern chinese island of high man for the start of the bow, our forum addressing the start of the

now li chung is quite young. considered if you consider the other communist party officials around him, he's the age of 64. he's from the south of china and judge young province, which is important because that's where she didn't pin once a lead to communist party. so he, his career has really developed in tandem with sheet in ping, and he is seen as a very close loyalist of the president. and he was a form of personal aid of president she didn't paying. and just before taking up this role, the child was the party secretary of shanghai. now what's interesting about him is that he is no and actually for his pro business approach, poor business tendencies, he's known to have relationship. for example, with jack maud, those head of alibaba, a very big tech company here in china. but he also oversold the very brutal cove at 19 locked down in shanghai last year. so i think the conclusion that we've drawn so far about hidden is despite his, his own tendencies to focus on developing the economy and being pro business. his bottom line is he will fall into line what he needs to and will impose

the national peoples congress approve li chung as the premier . he was nominated by shooting ping and is a storm to ally the president also coming up.

investors that his country's economy will bounce back after being battered by pandemic restrictions. li chung told the annual boil form for asia that china is opening up to the wilds and delivering reforms to revive growth . use the opportunities, urge asian countries to work together for peace and stability in the region. authorities and mexico have opened a homicide investigation and identified 8 suspects after a fire. as a migrant detention center killed. 39 people, prosecutors, they, the suspects included 2 federal agents, a state immigration official, and 5 members of a private security company there. while those were headlines, i'll be back with the news hour for you here. after part 2 of witness. oh, well, you're back anyhow. i'm going to go. go along with i did go thief, go and put me jo. communications really good as actually to show how to confer out c smith mail system does simon unplugged doesn't have fatal malcolm ne sheila nicks, dylan, identity, security, pause the kid, come in a study scene with dan savoy, them and comment poll combination who is sort of at a new i'm and we go

investors that his country's economy will bounce back after being battered by panic restrictions. li chung told the annual al forum for asia that china is opening up to the wild and delivering reforms to revive growth. well, in john buses, we will implement combined strategy of expanding domestic demands and deepening the structural reform of the supply sides and continue to expand. the scale of china's markets will launch a series of new measures in expanding market axis. optimizing the business environment and ensuring the implementation of projects, we will continuously optimize the institutional environment that enables state owned enterprises to take new initiatives, private enterprises to break new ground and foreign business to make new investments. on the world's 2nd biggest economy, staged and modest recovery in the 1st 2 months of this year. but concerns remain industrial profits plunged by 22.9 percent during that period. and china's economy grew by just 3 percent last year. one of its weakest performances and decades, but to can, the, has worn out from hong kong, political and

li katya. and we're expecting that to be lead chung, a full, my personal aids you, she didn't thing. and from that party, secretary of shanghai who oversold bruce or shanghai locked down in that province lost in that city last year. and also at this plenary meeting, we had the approval of wide ranging sweeping reforms through china's communist policy. a government structure, essentially many agencies in the finance and science and technology areas will be reformed. and that means that there will be more power put in the hands of the communist party. and she's in ping argues that this will allow for more efficient, less bureaucratic policy making. that also means, of course, that there will be less voices opposing cheating. and his policies in the future. and this one comes as a china face is a relatively challenging year this year. ah, that's right. so what are the main challenges is reducing china's slowing the economy. last year we had this 0 recovered policy that centrally strangled china's economic development and going forward the chinese communist party has set adp target a 5 p