in shanghai, there was a parade.ith the fighting over, china could finally enjoy the benefits of peace. the fighting had ended or had it? [soft music continues] many chinese felt it wasn't just japanese troops who should leave china. they wanted all foreign military units to exit, including thousands of american troops. - i always see with my own eyes. the military ships from america and britain on the river of huangpu. and on the streets, there's always the navy and the mps. i said, "why? "the japanese have left us and why you come here? "what for?" understand me? ask me why? [silence] because i said this is our fatherland, this is my own land! we do not need other help. [gentle music] - [bill] general george c. marshall, the recently retired u.s. army chief of staff, was sent to china to negotiate the establishment of a coalition government, incorporating both the nationalists as well as the communists. according to american newsreels, marshall was able to do the impossible, brokering as ceasefire between the commu

in fact, the joining of the islamic republic of iran, which was successful in the shanghai summit inhi a few months ago , is actually another part and another part of the completion of the circle of words related to politics. it was a neighbor of the islamic republic of iran, because in fact, the islamic republic of iran, in addition to having various bilateral relations with neighboring countries , entered into an interaction in the form of the shanghai cooperation organization with the countries of russia, india, pakistan, the flag of the northern country of iran, the roof of kazakhstan, kyrgyzstan, uzbekistan, and tajikistan. the important thing about your presence, which became political and security of regional and international scope, is that the islamic republic of iran's membership in the shanghai cooperation organization lasted for more than 15 years. has joined the shanghai cooperation organization, the match group organization, how long did it take, in a very, very short language, this period was here. in my opinion, firstly, the capabilities of the islamic republic of ira

the important thing is that the islamic republic of iran has been a member of the shanghai cooperation organization for more than 15 years. how long did it take, in my opinion, a very, very short period of time for the islamic republic of iran's capabilities to become clear to the main international actors, and secondly, the islamic republic of iran has the necessary structures and mechanisms to actually cooperate with these types of international organizations. in you know that the shanghai cooperation organization is an organization with major political and security missions . ensuring the interests of independent countries in the field of international economy, unilateralism, which is the leader of the united states of america, with a monopoly on the main international economic reference institutions such as the international monetary fund and the world bank , in a way, actually dominates economic relations, on the other hand, the so-called superior role to the title of a currency jahan-rova, the so-called special power of the united states to manage both the economy and even the se

ebrahim raisi from the bottom of my heart on july 13 this year and at the 23rd summit of the shanghai cooperation organization which was held virtually and chaired by india, the membership of the islamic republic of iran in this organization was officially announced, and iran as the official kurd of shanghai. we can use the income to use chabahar port we have 1400 and with the presence of ayatollah seyed ebrahim raisi in dushanbe, the capital of tajikistan, iran's permanent membership in the 21st summit of the shanghai cooperation organization was accepted by the members of the organization, and after going through legal procedures, it is now officially announced as an organization with a population of 3 billion. and more than 20% of the gdp in the global arena, the many capacities of the country faced when i assumed the responsibility of the presidency of the islamic republic, the direction of our foreign policy, economic focus, and the strengthening of the neighborhood policy in its broad sense, and the strengthening of regional organizations were introduced as the agenda. political

this year , seven clusters will operate commercial pavilions directly in shanghai.nd we plan to exhibit in four pavilions and separately make a national stand, where the potential of the republic of belarus in the cultural field in the tourism industry will be presented. areas, as well as interesting features that we can show the chinese side , the national statistical committee plans to expand the set of indicators of the digital economy studied. now there are more than 700 indicators in the database, and this is not all. today , belstat is conducting a sample survey of households in terms of living standards , employment, and also on issues of the digital economy, ecology, innovation and investment. among the innovations of the work on the regional platform of sustainable development goals , it is expected that it will host national data for each region with their features, and now to the results of the auction. on the currency stock exchange, the belarusian ruble weakened against all major currencies . 15 kop. 10 yuan at the auction gave 4 rubles. 31 kop. 3.35 co

shanghai is a regional coalition in the asian region. it plays a very important role in both the economic and social fields, and in relation to security and peace issues, the connection with the infrastructure of shanghai and asia is very important for us. it is important that some people say that the only way out of our problems is for america or some european countries to smile at us. i have said it many times and i will repeat it again . there is a very good possibility for them to present these to them. there is a very good possibility: brics global alliance, shanghai regional alliance, membership in these alliances can definitely play a role against the unilateralism of the americans . they are big economies, developing economies are brics, and iran's economy is next to this economy, and it can definitely have an impact. iran is a very capable country, they know iran well with other countries, its characteristics have to do with iran's geopolitical position in the area of ​​communication with the countries of the persian gulf, centr

there will be commercial pavilions directly in shanghai and we plan to exhibit in four pavilions and a national stand, where the potential of the republic of belarus in the cultural field in the tourism field will be presented, as well as interesting features that we can show the chinese side today directly in shanghai, work is already underway , we are also accepting applications for a national exposition. well, now we're done. today, it is already more than 25 enterprises in terms of the share of the application, of course, the biggest emphasis is our enterprise, and the food industry, the meat processing industry, the confectionery industry. she is interested. moreover, we hope that the sweets presented by the running pro we will also show separate blocks at the chinese exhibition where we plan to participate, this is medicine. pharmaceutical industry production and trade services. well, we should not forget that the exhibition was organized with the initiative to bring all the companies. those who are interested in importing to the people's republic of china , that is, in order n

national exposition of belarus will be presented at the china international import exhibition in shanghainovember 5 to 10. this is the largest and most significant exhibition event in the world , creating a platform for international cooperation, stimulating the attraction of imported goods to the chinese market, as well as strengthening economic. belarus has already begun active preparations for this exposition ; many enterprises are focused on studying this region. and someone in the portfolio already has more than one contract in our interests in this market and participation in the exhibition. we will talk now with the guest of the program, the director of the belinter-expo of the belarusian chamber of commerce and industry natalia courage hello natalia, the exhibition is scheduled for november, but the work has already started. this is what will be in our exposition, how important this forum is for us, in fact, yes, you are absolutely right, the chinese international import exhibition , which takes place annually from november 5 to november 10, already has traditional value and inter

week's time, toutou and his family will compete in the first major ballroom event of the year, the shanghai baby voguing ball. toutou: [speaking in foreign language] toutou: [speaking in foreign language] toutou: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] lydia: thirty-one-year-old zhao jia had a cadillac, an apartment in the city, and a career with china's largest private education company. she gave it all up to be a farmer. jia: [speaking in foreign language] lydia: jia runs a 200-acre mixed farm in the hills of eastern shandong province with her husband chen. she's part of a divergent group of young chinese known as fanxiang qingnian, or returning youth. for decades, rural chinese couldn't wait to get out as they sought work in the booming coastal cities. but some are now rejecting costs and pressures of urban life and returning home. jia: [speaking in foreign language] jia: [speaking in foreign language] lydia: unlike the

in the shanghai, trading 1.2% higher as investors continue to watch the visit from the u.s. commerce secretary to beijing. as for europe trade, green across the board. ftse 100 is up 1.25%. uk was closed for the bank holiday yesterday. a catch-up trade in that index. outside of the uk, modest gains with the dax up .25%. ftse mib up .40%. the data points on thursday for european investors. flash inflation prints due which will be important in terms of where we go from here for ecb policy. frank. >> julianna, thank you very much. julianna tatelbaum live in the london newsroom. >>> time for the check of the corporate stories with silvana henao. silvana. >> frank, good morning. the biden administration is expected to announce the first batch of prescription drugs. the administration will target prices and lowering medicare costs. this is the first since the inflation reduction act was passed which requires the government for the first time to negotiate drug prices with the companies that make them. >>> the head of the bank supervision in san francisco is retiring effective octob

. >>> china's spring airlines has resumed direct flights between shanghai and ibaraki, japan.he service had been suspended for 3 1/2 years because of the pandemic. about 100 passengers disembarked on friday at ibaraki airport from the low cost carrier's first post-pandemic flight from shanghai. ibaraki prefecture officials welcomed and engaged with souvenir bags including local yogurts, snacks. the hub is about two hours from the tokyo train station by bus. >> translator: ibaraki airport is very convenient. the size is small, and it's easy to use for me. >> spring airlines launched nonstop flights between ibaraki and shanghai in 2010. eight round trips a week on the route at the most, but the service had been suspended since february 2020. the carrier opens four round trip flights per week from now on. >>> a crown and a red gown that belonged to rock star freddy mercury are among items to be auctioned after a showing in london. the iconic vocalist for u.k. band queen was also known to be fond of things japanese. collectibles set to go on the block included artwork he acquired

the shanghai composite ended flat. keeping an eye on gina raman do's visit to china, a four-day visit concluding today, suggesting china is uninvestable for a number of american companies. in hong kong we had a massive drive by the chinese maker. the nikkei 225 went up by 0.33%. as for european trade it's been championshipy throughout the morning, but in the last half hour, 45 minutes or so, we have taken a turn for the worst. the xetra dak doax down. we've had regional inflation rates come through. four out of six key german states have seen an acceleration in inflation. the bangs meet in a couple of weeks. if the german pier has actually deteriorated rather than gotten better, perhaps a rate height is more than likely come september. we're going to get the national inflation rate for germany in just a few hours. look out for that. tomorrow we'll get the inflation rate, the flash number, for the overall eurozone. a lot to play for on the macro front over the next cup oouple days. >>> we're going to stick with the over

to shanghai , it was more security and political, but unlike them , the economic aspect is stronger its situation is considered to be an economic advantage for our country. in the past two or three years, iran has been an official member state in shanghai, but the main point of the process of the islamic republic of iran today , because of the two centuries that iran in its spirit and nature, that is, the world of arrogance and colonialism, has turned the potentials of this land. the beginning of the islamic revolution and the changes that took place inside iran became political independence it gained its social and economic status and gained a western victory, which in the field of public diplomacy , we were able to create a victory because of the deterrence of tunisia's entry. no, for at least the last decade, we have seen that whenever he is hit, we hit him several times, so the islamic republic of iran has a very strong potential in changing the nature of power to english international power, and especially in 1979, when in fact, the process of the islamic high-ranking diplomat

our absence at the meeting shanghai or even in the eurasian economic union, these are all efforts for countries to dedicate themselves to the existing pressure from the west, but now it does not mean that we want to deal with the existing conditions and be resilient against it. it's not to change the conditions, it's because the platforms are changing. the baby that was raised today at the prix meeting was about reforming the structure of the security council . look here, economy is related to security, economy and politics, which means that there should be appropriate political mechanisms. by accepting the new economic order in the system the international community should be created here, it is a demand, and russia and china, who are two permanent members of the security council , are talking about reforming the structure of the security council, and this means that, like the security of politics and economy, following the changes that take place in the field of international economy and after playing the role of courtship, it will definitely change, and this time , this change is n

one the year was able to join brics, the second most important international organization after shanghai , to a link that this result, like saadi to yassin, balanced neighborhood and smart diplomacy. at the beginning of mr. raisi's administration, mr. raisi raised a slogan : iran is strong and that foreign policy does not start with jcpoa and is limited by jcpoa. america, dr. abshanas pointed out that the islamic republic showed in its new foreign policy that it does not have a one-dimensional policy of looking to the west and has strengthened its relations with its strategic allies and strategic neighbors, especially the russian federation, that the anti-russian movement is seriously hindering the development of relations between iran and russia, and the reason is propaganda it is also the fact that the achievements of iran's convergence in this new saga and cooperation and trust building with russia's northern neighbors and its allies such as china and russia are our strategy. the words of the presidents and leaders participating in the summit were bs. it was that we are in a new direc

one is the new development bank, which is a term that is headquartered in shanghai, china . it is a very huge building, and interestingly , this bank is in next to a safe deposit box that is in in 2014, the contract was agreed and in 2015, it was approved and implemented . in fact, another parallel structure has also been formed, of course, i have not seen much attention in the province. it is based on xp. it has announced to develop business based on blockchain based on local currencies. this is very significant for us and we should pay more attention to it. of course, in parallel with this new development bank , it can participate in the financing of our big projects . that reserve fund is more to maintain the balance in the balance of payments, something similar to the international fund. money, of course, all this mrs. sir, subject to the fact that we have a project with a specific agenda , they should have a proposal for financing from this bank using this fund and institution on our xp , while brics, in addition to this , monetary and financial structure in scientific

we should work with brics, shanghai, asia, america and africa . let's work, it won't open until 12 hours, and this will help the status of the brics mother . we see economic problems, in fact, economic entanglement with other countries, we are seeing how the tunstein government creates momentum, and how do you evaluate this policy? the 13th government realized very well that the global trend is not dependent on america and the west. it is not important that we limit the world to the west and the united states. let's not see the world of the future and the future world order, that the asia-centered order in which the emerging powers will be the first power in the world. this first point, the second point , we will examine the principles of the foreign policy of the thirteenth government. our new statesman's view of the future it is not the right view because the world trend is one in which the united states and the west are declining and emerging powers such as the brics group are strengthening. a second point is to strengthen the economic perspect

the shanghai drivers. john john works up to 17 hours a day to earn the same money he was making only a few months ago. working a regular shift he competes with an increasing number of chinese rushing into the ride healing industry. john takes on the equivalent of $40.00 to $55.00 a day through your business hasn't been. that's good. probably because of the pen demik in the past. i couldn't make money if i was a 9 or 10 hours, but no, i'm working up to 16 hours between the end of april and the end of july, some 400000 people began driving for ride handling firms in china. this marks a 7 percent increase in the number of drivers. and let's say it's a sign of a subdued job market. you may, i do want to do a funding because of the impact of 3 years of the pandemic. many companies and small enterprises may have gone bankrupt or gone out of business. so a lot of idle labor will enter the market. there's also been a sharp decline in the number of jobs. in fact, from the perspective of ride handling itself, it has

eric zheng is the president of the american chamber of commerce in shanghai. he'll be meeting secretary raimondo during her visit. certainly, i think the us—china bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainties. so we are very happy that secretary raimondo is visiting china as we speak. what issues will you be asking to raise when you meet her, especially given when she says she won't be pulling her punches, but she intends to be practical? certainly, i think us—china are the two largest economies in the world and the two countries need to figure out a way to work together on mutually beneficial opportunities. we still believe that china is a very strategic market for us companies and many of our companies are here for the long—term and they try to find a way to grow here. at the same time, the two countries are dealing with issues as well and i think certainly the us side has recently issued an executive order on export controls on a few sectors such as semiconductors and ai and q

these robots, it's a global, a only for i'm in shanghai can work as mechanics. this one called meant thought has already carried out more than 1000 loading and unloading ships. that some container ports. it can even change its own battery to use rapid charging, it actually takes about one hour and 30 minutes rapid charge. so right now, for the batteries only 5 minutes. that's much quicker. this chad pond called ernie is the star of the fair. it's intended to rival the american chat, g, b, t, and can create pictures and text speak and write entire articles. although currently only in chinese, authorities want to limit the development of autonomous learning systems and sensitive areas such as politics. a disadvantage for annually developers in china. there are also shortages of sophisticated chips and semi conductors. the technology is everywhere in surveillance, cameras and facial recognition devices. what's clear is that a ice pine purpose is to serve the communist party. to both state journals, deputy china bureau chief is josh chin. it was kicked out during th

let's have a look at hong kong and shanghai hotels out with a 30% decline.evenue for the period jumping 47%. let's get to their flagship property. just across the harbor from our hong kong offices. we are joined by the chief executive. we see that decline and revenues on the way up. it seems counterintuitive. what is going on? clement: i should start by excluding the net profit number you mentioned was after property revaluation gains and the only reason the number was down because the revaluation gain was well down on a year ago. that is a quirk of our investment process. if you look at our results, revenue almost 50% up. our operating even was up 3.5 fold. we came to the end of covid. greater china opened up. we saw much better results. the only other thing i would call out is we are in final preparations for the opening of the peninsula london which will be on hyde park corner london. the expenses of the preopening with all of the staff being trained, getting ready, those expenses have been charged as a one-off item. the underlying message is good operati

i think the secretary might be visiting shanghai disney tomorrow. we'll talk a little more about travel and tourism. we'll talk about the degree to which it is cheap relative to the rest of the world. >> both chinese stocks and disney maybe in that regard, yeah. i don't think there's any doubt that it's cheap. the question is are you implicitly capped by the way the economy is a little hamstrung right now and the way the government doesn't seem to want to have national champions and have these big companies accrue a lot of wealth for folks. >> they want national champions, they're just state-owned enterprises, not private companies. >> they don't want them to be global champions in a sense. >> what's also interesting, the trade dynamic with the u.s. is not as strong as it is, say, with germany where the discussion has been able germany's growth, not being able to leave europe, even as wanls at a record high today, 6.8 year-on-year. >> we start to see, wait, do we think europe can be okay if china slows to this degree. >> we'll talk more about what s

this is why china is working , why shanghai is open. you can see that i mentioned that i had not yet received the trust of our ministers it started from mecca, but i had a meeting with the songs that came to define us . it was the first time in one of these meetings. to be a member of this event, this look, when we have a look and a way of cooking, we look at four countries, look at the whole world, communicate with the whole world , i really want to work, turkmenistan immediately cut off the relationship with our neighbor, according to mr. naqvi's interpretation, they are yours. our religious leaders have a common opinion above our neighbors how was the relationship, golestan province, khorasan province, razavi, mazandaran, had gas problems, the test and the turkmenistan side, this happened in the morning for growth, the turkmen, whose first phone call i called to congratulate my presidency, said you should pay for our problems, we paid 1 billion. to turkmenistan , contact with the luggage, which you must give the form. what countries

cooperation organization in the region was made a member of the shanghai cooperation organization and economy and infrastructure of the economy of asia and the country is expanding , and cooperation is expanding. some of the countries around us have increased 5 to 6 times in this period of time . trade and economic relations have increased, from neighboring countries to the farthest commercial destinations , new export markets one after the other. iranian goods and technical engineering services will be opened. the export targeting rights of 60 billion dollars this year and the export rights of 75 billion dollars for 1404 are the special horizons of the 13th government to promote iran's foreign trade. 16 months in the desert, the differentiation engine in motion our refrigerator was broken today, of course, i don't know how to pay for soldering, i want to sell installments for social security retirees without checks and guarantors, without advance payments, without going to the bank, in a large iranian house, macaroon , only the door, i think it will be very good, 100 million, this is

all these countries that are members of brics and members of shanghai are countries that are actually our markets. honeymoon, europe, america is not our economic market. they only buy crude oil from us and they are exporters of goods to us. well, here we need to review our economic infrastructure. if we don't fix our own laws and regulations and economic infrastructure , we ca n't take advantage of the membership in rix and shanghai. approve because our main problem now is that my economic laws and regulations are now a stone in the way of opening our trade with these countries. at the end , i will give an example. we now have a currency price. he wants to trade with iran. we must have a currency with a fixed price to interact with these countries, news and thank you all, you are all good , god is the protector of the water, how many years has he been praying for the pedestrians on the arbaeen route, in the food for the pilgrims of shah rasool in najaf, between the two temples, in karbala, and of course the school in the way of philosophy, its existence is actually the religious artis

now, in the future , our own communications and our presence in shanghai are the economic and politicalects of security. we must strengthen our presence . brics framework, we can strengthen bilateral relations , thank you, is it a tenant, or what is the meaning of my speech ? on behalf of someone who, god willing, will be a member soon, and on behalf of to tony, exchange our project references with these countries for mutual financial benefits. targeting for the year 1404 to strengthen non-oil exports to reach 75 billion dollars, how feasible is the situation and the one that is more than this, for example, in terms of volume in five months my exports are much more, non-oil exports are about a few percent lower than last year, petrochemical prices, especially agricultural products, have come down. at the time of your memory, it was 5 dollars from the petrochemical channel. let's go with these new facilities that have been created dr. safari, let's continue with mr. economic diplomacy of the ministry of foreign affairs of the united states, which is one of the topics of discussion on the

20th century. in the formation of coalitions and collective agreements, seeing its result in the shanghait, the eco pact and the non-aligned movement, the warsaw pact, and this is for someone who has heard a lot of this village, of course, for the president in the next meeting of this series of southern books , the brics member country, brazil, russia india china, south africa, the country that you said last week is one third of the world's population. also, in the same vein, i had a conversation with mr. maleki, a senior researcher of international relations , about the political and economic opportunities of brics in iran. the purpose of the new development of the virus is to remove the dollar from bilateral and multilateral exchanges. membership in brace can be a very important beginning and a beginning that we can do to make the sanctions completely ineffective, and it can be a very good beginning. that we can develop the path of internal capacities to activate and have great achievements from the economic point of view. recently, nearly 22 countries have applied to become members, an

today in shanghai, she whirled around visiting several examples of china cooperation, shanghai disneylande interview with her, i was asking about the concern she had expressed to american companies felt that china could become uninvestable. she said she told the chinese what they could do to address that concern. >> speak louder than words. in all of my meetings, speaking with the premier and vice premier, they were gracious, open, they said that china wants to embrace american business. so now, let's back that up with concrete action. >> reporter: i also asked her about cases like micron, intel, and chinese export curbs on me metals. she said that -- i asked her if this was actually seen as a chinese policy possibly to retaliate against u.s. companies for her export controls. and this is what she said. >> i think that that retaliation, if it is retaliation, isn't good. like that isn't the way to build confidence or attract u.s. foreign investment. >> reporter: she also told me a boeing deal, which has been much discussed and buzzing about throughout her trip could be a good example of an

of the region , the government says that we were at the beginning, within a month, the issue of shanghai raised, 17 years, gentlemen. follow we will establish this relationship with the shanghai organization, which was not established, the first of which was held on monday in tajikistan and iran's opposition and opposition parties, then they announced what should be done to achieve success . the foreign minister recently went to south africa. it was brought up here, all the countries announced that the problem is in the islamic republic, that if we look at their smiles and frowns, the whole country and in fact put off the world of cinema today, we have a serious relationship with our neighbors, but muslim countries have a relationship with neighboring countries that are neighbors with us we establish with the country it's not special, we look at the national interests, the government has economic interests that benefit the nation, the vaccine is excellent , the people have been affected by 700 families a day, armenia , royal tuna, we also went to activate the production of 6 types of vac

explain that one of the issues related to the bank that was formed by the four countries and the shanghai center immediately after our membership was announced, i met with the head of the relevant bank mrs. rasa who met before the president of brazil and requested we want you to become a member of this gang, well, congratulations, with your entry into brics, you will make it easier to enter this bank. the number is 250 million dollars. the number is to enter the lady. she immediately said that we are eager for training . we have sent rosh to come to iran soon and about this issue what is the fastest way to become a member of akhreh islamic bank? if you become a member here, you can benefit from the financial benefits here, from the finance benefits here , and you can finance your projects under this cover . finally, what can you do with one billion billion? it will come into play and implement your projects now there are four countries from the country, in addition to bangladesh and egypt , it invested like one billion dollars, and bangladesh has invested 750 million dollars with the memb

eunice reporting from shanghai.te that. >>> our next guest says while the secretary stated she stood her ground during her visit to china, things may play out differently in the coming months in the u.s. joining us now is an economist at the american enterprise institute. good to have you with us. my read of your verdict on this trip is it was pretty weak tea indeed. >> yeah. it's not clear why these trips are occurring. obviously, secretary yellen went, secretary blinken went. we have to have a dialogue with china. you can have a dialogue with china over a zoom call or phone call. so there's that problem. i think the important part of the trip is actually after she comes home. she has a very big decision with regard to semiconductor export controls. both the rules and the licenses, that's going to impact u.s./china economic relations and also possibly strategic relations much more than her trip will. >> so tease this out for me, this decision of the export controls, which have been much talked about and much trumpe

there will be commercial pavilions directly in shanghai and we plan to exhibit in four pavilions andre the potential of the republic of belarus in the cultural field in the tourism field will be presented, as well as interesting features that we can show to the chinese side. and today, directly in shanghai, work is already underway, we are also accepting applications for a national exposition. but now we're done. today , more than 25 enterprises have already applied, of course, the biggest focus is our enterprise, and the food industry, the meat processing industry, and the confectionery industry. she is interested. moreover, we hope those sweets that presented we will also show a running promo at chinese exhibitions separately in blocks where we plan to participate, this is medicine. pharmaceuticals industrial production and trade in services. well, we should not forget that the exhibition was organized with the initiative to bring all the companies. those who are interested in importing to the people 's republic of china, that is, that they travel around the world to bring to thems

in the brics group, two months ago we saw that our membership in the group was confirmed in the shanghaianization. what effect does this matter have on people's lives and livelihoods ? i offer my condolences to the messenger of god, the most gracious, the most merciful, praise be to god, the lord of the worlds, god almighty, our sayyiduna and nabina muhammad, the all-al-tahirin, and the companions of the prophet, peace be upon him, ali al-hussein and the companions of al-hussein, peace be upon him, to the great nation of iran, a journey that we had to go to south africa to participate in the summit brics was an important trip, for this reason, brics is one of the global alliances that plays a large role in economic and commercial cooperation in a significant part of the good world. brics has significant members in north africa, south africa, asia, and latin america. the current population, both in terms of their role in the gross domestic product and their share in the economy , these global countries, such as shanghai brics, are emerging coalitions that are completely against unilateral

in singapore and shanghai. welcome to bloomberg markets asia. i am haslinda. the real is a tech company probably grew as it slides in that net loss to the second quarter. >> new delhi is the be 20 summit getting underway. executives from the likes of ibm , some of india's top businesses. and modi is expected to speak this weekend. >> in markets asia, on edge, as we went there from jerome powell, the messaging of how he will never get the final stage of disinflation. tech stocks in particular under a lot of pressure. pretty much losses for the rupee, the -- the korean won. the beauty governors saying that the thai baht is also be wiped out by the chinese yuan. the yuan continues to be under pressure. let's see where we go from here. we have a good week for the benchmark. there see modest declines on the benchmarks according to the futures contact. we look ahead to jay powell. this as fed officials continue to differ on how much rates should be raised. >> we are in a position that this august. powell's speech was very blunt. we knew what that hathor was going to

shanghai's reaction is bad, the brics discussion is the next step, although the membership process of this group can be somewhat time-consuming and gradual and we should not expect it should be noted that now suddenly, iran has good political relations with the five main brics member countries. until then , the financial and technical mechanisms will make this process take a little time. gez looks at him, one of them is reduced the plan is to reduce the effects of sanctions and the second is to provide or create security for the country in the face of the emergence of new global structures and this is the transition period of the international system. except for the new groups, and this includes only iran as an exception, you can look at the fact that, for example, saudi arabia is also looking for membership in barik. there are connections that economic, political, security interests and we can provide them in all ways, and this shows that what is the view of the countries towards this group, whose importance is increasing over time, because they want to leave their own foothold in in

global losses such as shanghai brics there are emerging coalitions that are completely against unity looking at the independence of the countries for convergence and cooperation in the direction of the progress of the affairs of the nations . continuing the process of iran's membership in beit to, the president also explained the issue of communication with brics last year with the company i had in the virtual meeting of wix. iran's membership began and iran's request for membership was raised. mr. foreign minister , mr. abdallahian, i participated in the meeting that took place in the southern cities. it's done for the membership of the islamic republic of iran, mr. raisi, pointing to the importance of iran's active activism in various regional and international arenas, among the advantages of joining the issue of the islamic republic of iran as a member, which was raised by consensus and giving unanimous votes to the membership of the islamic republic of iran, is naturally constructive. and what he demands is that the executive mechanisms of our cooperation are also capable , which

she will be there for four days, meeting chinese officials and business leaders in beijing and shanghaisecretary raimondo says that she intends to be practical. tensions have been high between the world's two biggest economies. as the us and its allies blocked china's access to advanced chips beijing restricted shipments from a chip company and also find anotherfirm for doing chip company and also find another firm for doing what china called unapproved statistical work. china called unapproved statisticalwork. eric china called unapproved statistical work. ericjohn is statistical work. eric john is the statistical work. ericjohn is the present of the american chamber of commerce in shanghai and he will meet secretary raimondo during her visit. he told me what it has been like all american businesses there at the moment.— at the moment. the us china bilateral relationship - at the moment. the us china bilateral relationship is - bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainty. so, we are very happy that secret

of their role in the gdp and their share in the economy, these countries are global wastes like shanghai, these are emerging coalitions that i am completely against unilateralism and looking at the independence of the countries for convergence and cooperation in the direction of the progress of the nation's affairs. the president continues the membership process. iran also explained in your post that the issue of relations with brics started last year with the company that i had in the wix virtual meeting, and iran's membership request was raised. i participated in the meeting of national security secretaries, mr. dr. ahmadian, and after the follow-up that was done through brics leaders for the membership of the islamic republic of iran, mr. raisi pointed out the importance of iran's active activism in various regional and international arenas, one of the benefits of joining this group . the negotiation of the islamic republic of iran as a member , which has been proposed, was done by consensus and giving unanimous votes to the islamic membership of iran naturally requires mechanisms, an

we will come and see the membership in shanghai we are seeing brics, we are seeing the resumption of relations, we are actually seeing the entanglement of iran's economy with other countries, we are seeing how the government was able to create momentum, and how do you evaluate this policy? and it is not the west. it is not important that we do not see the world as limited to the west and the united states. the trend of the future world and the future world order, which is an asia-centered order in which the emerging powers will have the first power in the world. this is the first point. we say always a balanced foreign policy smart based on neighborhood and asia-oriented policy gives a good idea that our new statesmen's view of the future is not the right view because the world trend is that the united states and the west are declining and emerging powers such as the brics group are strengthening. a second point is to strengthen the economic outlook in when we talk about foreign policy, we are talking about the economic aspect . unfortunately, in the past years, we have not taken the

officials and business leaders in beijing as well as shanghai.ectation is raimondo will attempt to drive home a message that the curbs by the u.s. of investment in chinese companies is narrowly focused and not meant to hold china's progress back economically. the chinese government responded saying it is looking forward to discussions on trade and economics. the commerce ministry hopes to see practical cooperation which is fueling a working group to decide on export controls at the end of the trip. state media described the invite by her counterpart if the commerce ministry as a show of chinese goodwill. i was able to speak to executives here in beijing and shanghai. for the most part, they said they are really hoping this meeting is going to help improve the communication between the governments, but also provide more transparency and clarity on policy when it comes to foreign investment for both sides. frank. >> eunice, big news from beijing with roles for consumer to boost the struggling real estate sector. what can you tell us about this and