join shanghai cooperation organization. that hasn't been formally announced road and china is well aware of this because in both land and sea roots around geo political position on the structure of more than 65 men in america. go west young man. i think today the mantra should be, go east, i'm a plan of one belt. one road. china will inevitably be one of the access routes of these countries to the open waters of iran. therefore, around can, provides is a when it's a win win win win situation that there's no losers in this, in this new conversation you've seen on us mainstream media for the past, you know, with, without any coherence or reason or rationality. but i think we've been, you know, you don't get to hear it because everything is censored these days except us. is that right? i think sir dunk away was far coming. hey, what is it has to do with hunter bite and it just seems weird that our afghan astound policy makes china the big winner. yeah, that is a funny joke. we couldn't possibly tell that because everyone's rea

so it ran to join shanghai cooperation organization. and it goes on to point out the importance of the secret. central asian countries do not have access to open waters. therefore, in the economic plan of one belt, one road, china will inevitably be one of the access routes of these countries to the open waters of iran. therefore, iran can provide better transportation better and more access to the persian gulf by strengthening and developing communication infrastructure. in other words, around is their connection point to open waters. everyone gets is a, when it's a win win win win situation that there's no losers in this, in this new, in this to organization. there's also the black sea, but that of course has to go through turkey. so there is a vulnerability there. but in terms of, of the geo politics of this, this is the story that we've been talking about over the past decade with dan collins. i think if you look at the record of kaiser report and what we've been reporting and our conversations with dan collins, i think we've been w

and tomorrow i will take off from guam for shanghai.resident of the united states ever to visit china. guam, i know it is said, is where the american day begins. and i would hope that all of you here today would join me in this prayer. that with this trip to china, a new day may begin for the whole world. thank you very much. [ applause ] ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ >> at about 2:30, or maybe a little bit before, apparently chou appeared at the guest house unannounced and said that chairman mao would like to see the president. he slapped on his coat, went out, grabbed bob taylor on the way and took off for mao's residence unbeknownst to anybody else. taylor came into the schedule planning meeting and said this was what they were going to do. he was very concerned about it. but he was not to tell anyone. he came right down and told me. we debated how to handle the thing for a while. called him and told him to come over. he was a little startled. we spent a very long hour and a half trying to figure out what the contingencie

this farewell banquet in shanghai -- keep it rolling.he guests here, americans and chinese alike, and the rest of the people around the world, will won someday have reason to thank richard nixon for having the courage and the vision to fly to peking to further his search for a generation of peace. >> get a little rest today? >> one hour. >> me too. >> i had a wonderful day, thank you. >> bad luck. >> bad luck. [ applause ] >> beautiful. that teapot is especially pretty. >> because they want to make it better than others. >> some of their characteristics are -- [ speaking foreign language ] >> he told our deputy minister of our public security last night to tell them to not repeat the decorations they had last night and they would have new decorations. and see if whether they would have many different ones. >> i don't think we'll starve tonight. >> what a pretty menu. oh, that is beautiful. [ applause ] >> mr. prime minister, chairman, and our chinese and american friends. this magnificent banquet marks the end of our stay in the people's

this their wall banquet in shanghai,, get rolling.t he are desperate team minister of -- the decorations, i rather. nice and then you decorations that they would put up. and see whether they would have many different issues or not. not too many, not too many. less than that. the dishes were mostly numerous. [applause] >> mister prime minister, chairman chung, and our chinese american friends. this magnificent banquet marks the end of our day in the peoples republic of china. we have been here a week, this was the week that changed the world. as we look back over this week, we think of that boundless hospitality that was extended to all of us by attorneys friends. we have today, seen the progress of modern china. we have seen the matchless wonders of ancient china. we have seen also the beauty of the countryside, the vibrancy of the great city, shanghai. all of this we have enjoyed enormously. but most important, was the fact that we have the opportunity to have a conversation with chairman mao, with the prime minister, and the foreign

it is third behind shanghai.ly, it is one of the absolutely central hubs in the container shipping network that said, it is important to understand that is not the entirety of the ningbo ningbo that is closed down. it is one of the ports in the peninsula. most of the port, somewhere around 80% is running at normal capacity one terminal has been closed all vessels calling to the port have been packbacked up. that is causing disruption >> it seems because it is just that one specific port, it is not going to have huge global ramifications. how will this fit into the broader context of rising shipping rates with the bottom necks and events that happened this year that propelled freight higher >> the problem is that an issue like this, had it happened in the last ten years at anytime, it would have been a problem or annoyance. the ship would call with the boxes waiting to get out for the rest of the system, it would not be a problem w we had ten years of oversfupply. the entire system has been stretched. we have no s

and the idea that basically is the shanghai corporation organization level, the taliban will probably be central in ensuring that muslim terrorism doesn't spread from afghanistan into neighboring stone. so you can see that the whole of this mac kinda paradigm is all coming together from china and russia. under the shanghai cooperation organization and in terms of their own economy, she's also trying very, very hard, i think, to ensure that it doesn't do the heat. and there she has been, while we have been trying to stimulate our economy, she's been actually slowing down. meanwhile, of cost massive, massive trade deficits, america will so the u. k. basically as a result of government budget deficits means that china still has massive exporting business to to the west. right. got a car up there. al sir, thanks so much for being on time report. my pleasure, max. all right, not going to do it for this edition of kaiser report with me. max kaiser and stacy herbert when i think i guessed, algebra, cloud of gold, money dot com until next time by the me the join me every thursday on the alex

shanghai international prong airport. now this work did not leave shanghai in the past 2 weeks. he has not traveled. so they're worried that this is another person. she's become infected via a flight that come in from overseas. now currently we have that we've had at least 6 regions in china, conduct mass testing. that's 1000000 people. millions of people in entire cities undergo testing more than once. as you mentioned, dancing has already tested its population of 9000000 residents, 3 times at least other cities including jung, joe and some districts and aging are also following suit and millions of people now a currently under locked down as well. katrina so obviously authority to trying to monitor movement between region. so there are any plans to further increase restrictions to help the spread well so father of the lord is are racing to control this outbreak may have done a few things. some very typical strategies from china is tried and tested curve and playbook. so we've seen people immediately put under locked dow

and she is doing this, particularly through the shanghai cooperation organization. and things have been coming her way. i mean, iran, for example, that is an interesting situation and not any that, but i've got to stand by because now pulled up that is now coming together as far as china is concerned. she's already talking to the taliban. and the idea that basically is that the shanghai cooperation organization level, the taliban will probably be central in ensuring that muslim terrorism doesn't spread from afghanistan into neighboring stumps. so you can see that the whole of this mac kinda paradigm is all coming together to china and russia under the shanghai cooperation organization. and in terms of their in economy. she's also trying very, very hard, i think, to ensure that the story of a drop in the program here 119 is a national live now to moscow, presto, with the russian foreign minister and his libyan counterpart discussing libya. but more importantly, afghanistan, you see what's the role russia and in your opinion, to achieve the political libya, especially

and the idea that basically is the shanghai corporation organization level, the taliban will probably be central, ensuring that muslim terrorism doesn't spread from afghanistan into neighboring stumps. so you can see that the whole of this mac kinda paradigm is all coming together for china and russia under the shanghai cooperation organization. and in terms of their in economy. she's also trying very, very hard, i think, to ensure that it doesn't go but heat. and so she has been that we had a while we have been trying to stimulate our economy. she's been actually slowing down. meanwhile, of course, massive massive trade deficits and barracks terrible. so the u. k. basically as a result of government budget deficits means that china is still has massive exporting business to, to the west. right? gotta cut it out there out there. thanks so much for being on time report. my passion max. all right, not going to do it for this edition of kaiser report with me max kaiser and stacy herbert want to think, i guess the algebra cloud of gold money dot com into a lifetime by the me, ah, join me

joining us from shanghai is the ceo. great to have you with us.to us about how you plan to achieve this level of decarbonization across your entire supply chain? >> the decarbonization brings quite an opportunity for the entire energy industry and we see the wind turbines and solar -- and the battery is becoming new. and it becomes the new grid. it is going to affirm the new energy system which is going to be a pure and natural energy system the future. and then upon such a new system, the industrial revolution will happen. there is a kind of change which has to happen on the energy sector. it will be across all of the industries. also on the other sectors. >> i'm curious about how you think net zero goals can be balanced against stability because that is obviously -- that is often a trade-off that is made as a political talking point here in australia. do you see it as a trade-off? lei: i am looking at the trade-off. that zero is the largest opportunity we are facing. you know, today, if we are embracing the net zero economy, renewable energy has

this is the shanghai futures exchange. yvonne: take a look at these benchmarks we are seeing in china and hong kong. once again it is these tech stocks being sold off from investors. as we continue to decipher what we saw from the policy meeting. xi jinping has doubled down on this tough stance when it comes to the big tech billionaires. the message has been clear, that it seems like at this point this could be happening for some time. trivium, they are expecting this whole overhang could last two to three years. the travel stocks are very much in focus because the covid situation in china, 98 new cases as of yesterday. they are talking about a third booster shot now to try and protect some parts of the people there. we're seeing the likes of tourism stocks down. on the other side of the trade, some health care shares, those are all gaining. david: yeah. i guess related to the big picture is we did not know about with the rrr card was. if you listen to the pboc was, you would have made a lot of money and contrasted it if y

these are container rates from shanghai to rotterdam, shanghai to los angeles and shanghai to new yorkn see how they shot higher from may to july. we are looking at a rate of about $14,000 for 30 foot container. if the ports are shutting down, this is the third-largest container point, joining us is john, the ceo of janco shipping. it has global offices in new york, singapore, and copenhagen and it transports commodities like iron ore, grains, and cement. i know you were not affected directly by this container port but it is huge. what with the ripple effects the fur trade? >> -- affects the for trade. >> we have soybeans and corn particularly going into china and they have not been affected. what's interesting is the chinese have, in my view, done a good job of getting this wired in the sense that there port workers. they isolate for most parts -- for most parts of the general population. they stay on site, in the port, in dormitories. those types of facilities. they are way ahead of this. with specific container ports, this is not something -- but that is something -- that terminal i

ships have resumed movement in shanghai after a two-week shutdown to quarantine dockworkers. the terminal is still closed. bloomberg data shows container ships have left in the last few days. one french shipper told customers that for operations should return in the coming week. i am vonnie quinn. jules. juliette: still ahead this hour, china's tack in focus,didi delaying expansion. and you requirements for chinese listings. rishaad: plus, we are counting down to the start of the trading day in india. an infrastructure leasing plan. can the government raise money? we will also be discussing the country's vaccination goals with the chair of india's national technical advisory group on a midsize nation's -- -- on immunizations. juliette: you're watching bloomberg markets: asia. we are particularly looking at chinese stocks listed in hong kong. we had kathy wu from jd.com. it outperformed on sales. jeffrey's saying that their business model aligns with regulations, raising the target price. analysts positive on jd.com. 10.6% gain. it could go into other stocks. tencent up 4%. th

he had the shanghai port. just watch what happens very, very closely. cost pressures and supply chain disruption. that goes into the inflation conversation. yvonne: let's bring in our strategist with the latest. do you think this bond rally has ended? >> possibly in the mid part of the curve. my colleague had an interesting piece out earlier today talking about central bank holdings. obviously, it has been a conundrum once again in the past few months as to why treasury yields can stay so low. there is obviously the considerable amount of money that has shifted from central banks in particular. it is not just the fed buying government bonds, but there's many central banks around the world partly affected, and the u.s. dollar has seen fit recently as well. they do not very much go beyond that, so what we are to see if jp morgan are correct and the curve start your shift higher, the real pain will probably come in the very long and because that is where the active trade, the momentum trade, the leverage trade -- that is where they are the most active. the

the rival is seeking a secondary listing in shanghai.ill prohibit sexually explicit conduct on its website. some nude photos and videos will be allowed. onlyfans has attracted one her 30 million users, its popularity increasing during the pandemic. sex workers use it to charge fans for exclusive content. francine: coming up, angela merkel goes to moscow and what will be her last meeting with vladimir putin as chancellor. we will get the latest from berlin. this is bloomberg. ♪ francine: welcome back to the open, 20 minutes into the european trading day, and equities looking for direction. we did have a fallout because of technology in asia. the dax and cac 0.3% lower, and the ftse is holding a little bit of gains. encouraging news for m&s at morrison, but overall concern for growth and valuations. we are joined from berlin by bloomberg's maria tadeo. angela merkel is speaking as last time as chancellor with vladimir putin. what will come up is refugees from afghanistan, and there is a lot of talk on foreign affairs. maria, if you look at

from where we are sitting, but shanghai.nge bar is what you're looking at. we care about that because china is the world's biggest automobile market. it is still building a lot of cars, but the going overseas, mostly to europe. tesla has done a lot to localize the supply chain. it makes a lot of money on those cars, but it is worrying about what it signals for the company performance in that market. emily: compared to the rest of the world, the world is their oyster, right? ed: it is still the biggest market, but china was the growth market, because it is the world's biggest automobile market. the biggest china, and we have a chart that shows tesla revenue growth by different regions, the blue bars are china. for long time in recent quarters , that is where the growth is coming from. it slowed down last quarter when this started happening, the clash with consumers, regulators coming in. emily: will that continue? ed: the latest data set is not a good sign. we know that for a long time that tesla was the darling of the chines

man for air cargo out of shanghai -- surge of course in demand for air cargo out of shanghai.utely right. we are seeing the liner companies, plenty of logistics, a lot of freight companies finding new ways of servicing clients, including everything from trucking boxes from china to russia, and then bringing the box back onto a transatlantic ship to reach the east coast of the u.s. that is just something you do in an absolutely crazy market when air cargo is all booked, and well in advance. what we see right now is liner companies adding to the service of logistics provider, air cargo services. we don't need to only keep track of large container ships, also how many cargo carriers in terms of airplanes, and are they ordering, key manufacturers, in order to serve clients that are in a more desperate situation every day with a shortage of cargo running at the flow they regularly lie on. -- rely on. now it is a matter of where you get it eventually. manus: thank you very much. who would have known the dry bulk broker would earn a bigger bonus than a bond broker and 2021. thank you

it is nine :00 in the morning here in beijing, shanghai, and hong kong.let's get to your top stories of the week. essentially trading flat here. we are coming off records on wall street and europe. investors weighing earni

so they're chronicling that shanghai in in bo ports the 2 port of the busiest in the world. i guess a few workers there were infected with cove it and they shut down the entire thing . and of course, we know that supply chains during the scope of crisis of a year and a half, whereby everybody is working from home or just staying home and getting enhanced unemployment benefits and huge amounts of air drops and cash into their balance sheet. and of course, spending it on goods from china. so let's see if how this impacts china hope christmas anyway, you know, fear uncertainty and doubt. you might not have christmas. right. well, stacy, as you know, we don't need young from china to celebrate christmas. you can make a snowman, doesn't cost anything. you can take a bit of paper folded over a few times. make some cuts with the scissors. open it up. it's a beautiful snowflake, and just hang that from the window to beautiful christmas item. you can write a poem to each other, write a love foam to your loved ones. you can do that for christmas. you don't need young from china to cel

got to talk to a live in shanghai, professor benjamin child. good evening. okay. on the way, surely me the anti taliban africa fighter who enjoyed imprisonment by the americans in guantanamo, but who still undaunted, returned to fight for his country. his story as next. anata international the military mission against him will conclude on august 31st were ending america's longest war one phone. so who did a good, who would have thought the quote unquote, a young girl who will bundle you so much? you got to do that, you know, subtle company is something the cut cut over the whatever the most. okay. that was the quote.

had been lined up to access 60 china ports of which name bow and shanghai are jammed up the most. this is more than double the number of 400 ships waiting and port queues and early august, according to ocean bolt, a data company that tracks dry bulk commodities and shipping operations. so that's more than doubling and just one month of the traffic jams allowed gems at these china ports. so where it's going to be september, october are like the 2 busiest months for shipping container ships. so there, you know, as people are getting ready, the retailers are ordering all their supplies for christmas for the thanks. get after thanksgiving, the black friday, black and fiber monday, you know, they need all these goods in there and their warehouse to ship out. so we'll see, we'll keep track of that and hopefully, you know, the world economic forum will be impressed with our reporting because we'll have some fun for you. like 30 here. remember that during the holidays we watch, it's a wonderful life. a frank capra, foam star, jimmy stewart, and donna raid a wonderful tale of holiday cheer

joseph gregory mahoney, a professor of politics of the east china normal university and shanghai. now joining us ly from memphis, tennessee, here on the international very good evening from moscow to usa, is beijing rights, to be outraged by this study into the origins of the virus. absolutely, this is clearly a politicized effort from a government that repeatedly has proven itself possible. the china u. s. has been an incredible source of missed information about china most before and during the pandemic about many different issues. and certainly about the origins of covered, maintain congressional republicans loyal to trump. recently released to report their own report, the choosing china lab. and we have this, this new report from the intelligence community that is well known for lying openly to the american people and the international community to advance american strategic entrance. remember, all 7 is given to the un security council just by invading iraq after 911. and even when this intelligence community isn't lying, it often get things horribly wrong, like american prosp

in hong kong and shanghai, 10:29 p.m. in hong kong. a look at stocks in the region, looks like we're cheering on jay powell jay paul's message about tapering leader this year. we are watching this hurricane in the u.s. as well. rishaad: yes, slamming into the cost of louisiana, new orleans already has 50,000 homes without power. it is the 60th anniversary to the day of what happened with hurricane katrina. also the human tragedy, but on top of that, a lot of pressure on the area. natural gas prices going up. we'll prices affected. 20% of oil refining capacity around the u.s. is based around the gulf. that will take a hit. also looking at asia mining stocks. yvonne: we did see in the u.s., major refiners had to cut capacity in the face of this hurricane. perhaps some implications to this part of the world. you are seeing the likes of sk innovation higher. sinopec is also up. we are looking at futuresm brent and wti are all searching on the back of concerns with hurricane ida. natural gas jumping to the highest in 20 -- highest price sin

joining us from shanghai, the chairman and ceo. it is great to have you with us.g us. how are your business is doing now, now that we have a new covid restriction because of the delta variant spreading in china? guest: high. the first half of 2020 business was still affected by the covid. it was very challenging. however, we see a good recovery both in china and also overseas. actually, in the first half of the pandemic outbreak, it was well-controlled in china. so our results were performing outstandingly in china. the business volume of the resorts in china, they grew by over 170% year on year. shery: those are really great numbers but i wonder what happens in the second half now that we have new restrictions even in china? guest: yes, actually since october, we have seen cases in some regions. but it is very different region by region and china. for example, the biggest city, maybe they cannot travel since october, but the region business is still running very well, for example in beijing we have near vision resorts. these resorts are running very well. long-di

david: a minute short of 10:30 here in hong kong and shanghai and 10:30 p.m.the east coast in the u.s., we are looking at a benchmark up about 3.5% on the week. yvonne: we are watching some of these and talks in china. this is a statement from the regulator there asking the website platforms to remove all ranking list of celebrities. they are cracking down on fan community platforms. so if you own one of these websites, that is something to watch for. you can see the likes of mango international down almost 1% today. rishaad: let's check in with some of the international news headlines. the european union chief says countries need to come together and act urgently to avoid immigration cases in afghanistan. he is heading to washington and is going to push programs to settle the middle east and talk about how to best support of guns to remain in the country. french president emmanuel macron urged ireland to join a global deal on establishing a minimum corporate tax rate in his first visit to the country. ireland's economic model has been built on lower rates to

paris in shanghai. from there i got the international affairs plug and then i want to george washington, george washington is probably the most political organization it or political university in the country. got the log. and you know one thing will lead to another to leave myself back to the air force and history. but i'm very fortunate to be serving with them. very lucky to have served along side these men and women. >> we mentioned at the top your book is titled armed in america, a history of militias. if you could select one talking point, one take away from your book, what is it? >> what i hope people take away is that the right to arms as we know it today, or discuss it today is not the same as it was discussed 200 years ago. 100 years ago. or even 50 years ago. it has evolved. it has changed with the times. the other takeaway hope is that was have changed to adapt to the environment. to gun violence. to changes in technology and whatnot. whatever your side is -- if you are pro gun or pro gun con

in our case, we complement our hong kong business with our shanghai business.e almost the same operation these days given the importance of the money flows back and forth. hong kong is a thriving commercial center and part of the reason that i'm here. i was here for quite a bit in the fall as well. this is the hub of the chinese capital market. i don't think there is going to be any change anytime soon. >> share buyback dividend being reinstated, but looking at that, wouldn't some say that his money better spent on achieving your esg targets and where are you on your esg targets? >> very happy to restore the interim dividend. we completed the stock buyback we announced last year and i we are announcing a new one. this is all going in the right direction. we are also investing the most we have ever invested, $1.9 billion cash, into our core business. we look at our investment program every year. it has increased by 2.5 times over the last five years. we are investing in our business. part of the investment is making sure we are completely compliant with our own

in singapore and shanghai. welcome to bloomberg markets: asia.inda amin. >> let's look at our top stories. asian equities are raising gains despite a session on wall street , investors wavering on the economic recovery. >> the sec plays hardball. demanding all chinese companies listed in the u.s. become more transparent. >> plus, indian indices. as foreign investment surges, we will be speaking with our guest to get his take on what the future holds. >> asian markets swinging between gains and losses despite u.s. counterparts reaching yet another record. investors may not be buying into the story of being able to counter those publications. we had thailand saying the recoverable -- recovery will take log that inspected. we have this being break down -- broken down by financials. companies already listed in the u.s. -- it was being lifted by a third day. rising as much as 5%. we heard from kathy woods,

contact with all 5 central asian countries bilaterally and 3 regional organizations such as the shanghai corporation organization, the c s p, early gland to mr. president. we still want to see a peaceful settlement and i've kind of and the subsequent stabilization of the country and its post conflict recovery way. convinced that an end to the years long, bloody war, and having a national reconciliation would benefit all the people who don its regional neighbors and the world as a whole. thank you. i thank the representative of the russian federation for the statement. i now give the floor to the representative of vietnam. you have the flow please, to thank you for i didn't, and i hang the 2nd in general for your peasant and for your briefings as well come the presence of representative of going down to our briefing today in the paladin. we have follow the situation in afghanistan, especially in the region to the representative of the russian federation that to the united nations. that's an emergency meeting taking place of the security council in new york to sit in the bends, either stat

you can see a live shot there of shanghai, the financial heart of china.arkets there under pressure as the regulatory squeeze continues. this is bloomberg. ♪ ♪ >> let's start off with that alibaba news. >> executives saying that they are going to be facing higher taxes going forward. >> it's important to comply with all the regulations. >> learning that tiktok owner bytedance may be eyeing a revival of its hong kong ipo plans. >> local media in china, 21st century business news, as well as bloomberg news, saying that bytedance has denied that report, saying it's inaccurate. >> may be hit with a $1 billion antitrust find, you have tencent being sued over its youth mode. >> investors for the past decade were basically pulling the wool over their own eyes. >> i think things will be much clearer under the new rules over the next one or two years. >> the chinese authorities are in their long march. >> online insurance companies signaling china's push to regulate the economy will be deep and sustained over the next five years. >> this will be the most significan

in a bubble and then seven days of quarantine at a hotel and then another seven days at home in shanghai where there were six confirmed cases the protocols are even ighter. seven days of working in a bubble and then two weeks of quarantine so, supply chain expert everstream told us that they believe these tight protocols are significantly constraining the capacity here. in fact, they expect to see the rates rising to $20 a kilogram that's about five times higher than a normal operations over the next few weeks this is what the ceo told us >> the intent of the zero tolerance policy is good it contains an outbreak as quickly as possible. what it does is it immediately shuts down major operations in airports and carriers and that's what creates the challenge so, no one can accurately predict when an outbreak may hit. >> logistics experts say they think erica pacity is down about 40% since prepandemic times. fast fashion, electronics, as well as e-commerce and they say the average delay companies should expect is about two weeks. this is what the company said. >> last quarter this year is go

it's a southern city, close to shanghai, 9 million people there. identified 200 cases and have identified mass testing. this help outbreak is linked to managing's international airport, where a group of cleaners are said to have been infected. they were cleaning a flight which came in from russia, we have seen the outbreak grow. authorities have identified another possible super-spreader cluster, that's in the southern province of hunan, one of china's popular tourist destinations, where avatar was filmed. 2000 people were attending a theater performance and there have been several cases linked to that performance. tracers are working very hard to identify all of those people. anchor: refugees are missing out on coronavirus jabs because of shortages. less than 8% of 2 billion doses promised have been delivered. refugees in bangladesh are some of the worst head. who is urging companies to prioritize immunizing refugees as well as those with serious health conditions. it says 85% have been administered in rich countries. >> the way the situation is,

it was a marine security guard, protected embassies in paris and shanghai. from there i got the international affairs bug and then went to george washington and george washington is probably the most political organization in the -- our political university in the country. got the law bug and one thing led to another to lean myself back to the air force to the history. i'm very fortunate to be serving with them, i've been very lucky to have served with a lot of these men and women. >> we mentioned your book "armed in america: a history of gun rights from colonial militias to concealed carry." if you could select one talking point, one take-away from your book, what is it? >> what i hope people take away, is that the right to arms as we know it today or discuss it today is not the same as it was discussed 200 years ago, 100 years ago or even 50 years ago. it's evolved and changed up to the times. and i also hope the other take away is that the laws have changed at times to adapt to the environment, to gun violence, to changes in technology and what-not and th

in beijing and shanghai. david: i am david in glass. yvonne: i am yvonne man. your top stories. the u.s. senate is saying the $550 billion infrastructure plan that they key part of washington's plan to compete with china. >> now turning to u.s. inflation numbers.

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a handful of confirmed covid-19 cases from shanghai to beijing.ousands of residents under strict lockdown. behind these barriers you have folks who are abiding by the stay-at-home orders and who are once again having to undergo mass testing. the warning from officials is eerily realm incminiscent of 20. >> reporter: wuhan, the original epicenter of the coronavirus outbreak is now testing each of its more than 11 million residents. the lockdowns and strict contact tracing through smartphones being enforced once again. aside from isolated cluster outbreaks, life here in china had mostly returned to the way it was pre-covid. but officials say a commercial flight from russia changed that. the plane landed in the eastern city of nanjing on july 10th suspected of carrying the highly contagious delta variant. on july 20th, officials confirmed nanjing airport workers subsequently tested positive. cases then surfaced in several major cities and have since spread to dozens of others. as of tuesday the virus has been detected in 16 provinces across china. wh