the safety of life and health of more than one and a half billion chinese, scientists from shanghai university who came to the conclusion that the rejection of hard lockdowns will take life of at least one and a half million chinese. after all, the current level of immunity will be insufficient to prevent a wave of about a micron. this means that the course will not be changed here. alexander balitsky mikhailhin lead, china today , the former head of the ministry of economic development, alexei lukaev, was released ahead of schedule. the punishment was cheated in one of the strict regime colonies in the tver region, at the end of 2017. the court found him guilty of taking a bribe of 2 million rubles. in addition, the former minister was fined 130 million rubles. in april, a court in tver granted a request for parole. thus. in the colony. ulyukaev spent almost 5 eight-figure years. big gala concert new halls and dressing rooms the country's largest musical theater novosibirsk state academic opera and ballet celebrates its 70th birthday over the 77-year history, hundreds of deliveries have been

billion chinese can be effectively guaranteed to protect the chinese model, scientists from shanghai universitythe conclusion that abandoning hard lockdowns will take lives, as at least one and a half million chinese. after all, the current level of immunity will not be sufficient to prevent waves about a micron. so, the course will not be changed here. alexander in russia, they are ready to take away the monument to the heroes-liberators from riga. this and more will be discussed in a couple of minutes in the second part of our issue, do not switch. today is a special edition of the 60 minutes program with all the latest news about the situation in ukraine and in the world. we go on the air right after the news, do not miss 60 minutes today at 17:30 on the channel, russia svetlana now knows for sure there is a park in the city center sergey vitalievich wanted a new square. and maria ivanova whispered to us that, playground to influence the beautification of your city. maybe everyone choose a project and vote for its implementation on the site outside the city sreda.ru. i like my smile and my l

effectively guaranteed to protect the chinese the models were put forward by scientists at shanghai universitythe conclusion that the rejection of hard lockdowns would take the lives of at least one and a half million chinese. after all, the current level of immunity will be insufficient to prevent a wave of about a micron. this means that they will not change the course here. moreover, in beijing they have already found advantages in this, when more than fifty metro stations are closed, and dozens of bus routes have been canceled. bicycles, which are already popular in china, are used even more often and pedaling. where else, of course, go out on the street alexander ballsky melody henesti, china but the world will never be the same again. tomorrow, white house press secretary jen psaki will leave her post, it's a pity, instead of her, they will take over the post. uh, karine jean-pierre, a black lesbian sounds like a joke. just recently, because they joked that in the usa it is easier to make a career if you are a black man and a representative of an unconventional orientation in one bottle.

security can be effectively guaranteed to protect the chinese model in the waist, scientists from shanghai universityion of hard lockdowns will claim the lives of at least one and a half million chinese. after all, the current level of immunity will not be sufficient to prevent waves about a micron. this means that they will not change the course here. moreover, they have not already found advantages in this, when more than fifty metro stations are closed, and dozens of bus routes have been canceled. bicycles, which are already popular in china, began to be used even more often and pedal. where, of course, where else you can go out into the street alexander bavalsky nikolayevich lead, china is the common task of russia and the central asian countries to subsequently reduce sanctions to establish cooperation that will not depend on the will of external forces, the speaker of the council said federations valentina matvienko at a meeting of the inter-parliamentary forum of the countries of central asia and russia, it takes place in turkmenistan. and the speaker of the upper house also spoke about the ne

more than one and a half billion chinese in defense of the chinese model, and scientists from shanghai universityame to the conclusion that the rejection of hard lockdowns will take the lives of at least one and a half million chinese. after all, the current level of immunity will not be sufficient to prevent a wave of about a micron, which means that they will not change the course here, especially since beijing has already found advantages in this, when more than fifty metro stations are closed, and dozens of bus routes have been canceled already popular in china, bicycles have become even more used and pedaled. where, of course, you can still go out on the street alexander balitsky mikhailhin news, china the brazilian police conducted a raid during which they arrested dozens of drug dealers, a hundred policemen broke into one of the squares of sao paulo, known for the fact that hundreds of drug addicts and sellers of illegal drugs gather there every day goods, law enforcement officers also destroyed the tents of drug addicts who came from the countryside and lived on the square in such conditi

the safety of life and health of more than one and a half billion chinese, scientists from shanghai universityinese model, who came to the conclusion that abandoning hard lockdowns will take life of at least one and a half million chinese. after all, the current level of immunity will be insufficient to prevent a wave of about a micron. this means that the course will not be changed here. alexander balitsky michael to lead, china further, the issue will continue the regional news with residents of moscow and the moscow region, see you in just a few seconds. don't switch. residents of the house on kosygin street demand to close the hostels, which are located on the ground floor in shorts. well , it's impossible here. well, here women children and so on.

billion chinese can be effectively guaranteed, the chinese model was defended by scientists from shanghai universityded that abandoning hard lockdowns will take lives, as minimum, one and a half million chinese. after all, the current level of immunity will be insufficient to prevent a wave of about a micron. this means that they will not change the course here. moreover, in beijing they have already found advantages in this, when more than fifty metro stations are closed, and dozens of bus routes have been canceled. bicycles, which are already popular in china, are used even more often and pedaling. where, of course, you can still go outside alexander ballinsky mekhvardiokhin vesti, china and let's return to the topic of wildfires in the studio phobos center specialist elena volosyuk elena i welcome the situation with firefighters. i understand correctly, it is complicated due to the wind. here are today in which regions to expect an increase today, sash uh, we do not expect a storm wind, as such , but nevertheless, of course, there will be an increase. let's take another look at the footage from t

scientists from shanghai university came to the defense of the chinese model, who came to the conclusion that the rejection of hard lockdowns would take the lives of at least one and a half million chinese. after all, the current level of immunity will be insufficient to prevent a wave of about a micron. this means that the course will not be changed here alexander balitsky mikhailhin , china further, the issue will continue the regional news with residents of moscow and the moscow region, see you in just a few seconds. do not switch houses on kosygina street requires the closure of hostels that located on the first floor. well, it's impossible here. well, there are women, children and so on. after all, you are in a public place. who will help the neighbors involuntarily if the housing inspectorate found no violations. the ponds of the 18th century are cleaned in the kuskovo park every day, about 24 are taken out of here. these dump trucks with silt have already been taken out for 1,500 cubic meters. there are 4,500 more to come. this is how the work goes and when the historical appearan

than one and a half billion chinese people can be effectively safeguarded by scientists from shanghai universityo protect the chinese model. their findings were published by the authoritative journal nature , the rejection of hard lockdowns threatens. china 112 million sick and one and a half million deaths. this means that they will not change course here, especially since in beijing they have already found advantages in this, when almost a hundred metro stations are closed, even more chinese change to bicycles and pedal. where, of course, where else you can go out on the street alexander balitsky mikhail artyukhin to lead, china one of the most iconic symbols of the capital, a monument to the preliminary people's militia of the time of unrest, minin and pozharsky, will be opened this year on the day of national unity, the minister of culture of the beloved confirmed that the heroes on the pedestal will be back in august. after the first full-fledged restoration in the plans for improvement and the first- ever restoration of the supporting wall of the basil's cathedral blessed ghoul. boltaeva w

researchers at shanghai university found that it would not be a good sign for the wave to hit healthe capacity. cleveland fed president loretta mester has opened the gates again for a 75 basis point rate hike did -- rate hike. she would support a bigger move later if inflation does not ease by the second half of the year. >> we do not have 75 forever. the case we are going right now seems to be the rate today for the second half of the year. we might have inflation speed up, but if we see demand moving down, then we can adjust at that point. vonnie: sri lankan security forces have been given shoot on sight orders after government protests. some protesters were forcing buildings and vehicles. this is after the president's brother resigned as prime minister. global news, 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. rishaad: we have the inflation numbers hotter than expected. we also have the stimulus program out of china that is not likely posed to be able to wake

study that we could see that tsunami of deaths if the policy was lifted, coming from the university in shanghaing out of the pboc is not unrelated, at the moment, the idea of stabilizing growth on a higher priority, coming from the deputy or should i say face governor of the pboc, saying we will be increasing support for weaker links and targeted areas and guiding interest rates as well. they are blaming what is going on with the authorities in the covid zero policy for what has happened in terms of china's macro picture. the authorities now are trying to bring daily cases down to zero. let's bring in benjamin cowling, professor at the university of hong kong school of public health. give us a sense of this policy and the controversy it is causing right now from a health perspective. ben: china did well in the first years of the pandemic. very few severe cases and deaths, but the virus is changing, getting more transmissible. omicron is more transmissible. that means it is more and more difficult to stop. we can see that in shanghai, where the authorities have had more drastic measures and neve

researchers at a university in shanghai estimate that, left unchecked, the omicron variant could cause er 110 million cases of disease through july, with over 5 million hospital admissions and 1.6 million deaths. public health officials warn just six in 10 older adults in china have gotten a booster shot. also, the sinovac and sinopharm vaccines widely used in china are significantly less effective than the mrna shots produced by pfizer and moderna. here in the united states, lawmakers in california and new york are seeking to expand abortion access in response to last week's leak of a supreme court draft opinion showing the court is poised to overturn roe v. wade. in california, lawmakers have proposed over a dozen bills as the state prepares to receive a growing number of people from out of state in need of abortions if roe is struck down. meanwhile, in new york, new legislation would help people pay for abortions, giving taxpayers an option to contribute to abortion funds. on capitol hill, treasu secretary janet yellen told the senate banking committee that the elimination of reprod

stephen: that's interesting, these comments contrast with this study from a university in shanghai whichtrict restrictions like lockdowns, there could be an absolute explosion in the number of cases and deaths. i will get to those projections in a minute. first off, it's essentially a rare rebuke to china's covid zero policy. let's hear what he had to say and we will talk more about it. >> when we talk about zero covid, we do not think that is sustainable, considering what we anticipate in the future, transiting it into another strategy will be very important. stephen: he is recommending china adapt its policies to be less restrictive to adapt to been every day situation. essentially, he was facing criticism early on for being too deferential to china. this comes in contrast with the report saying there could be, if china relaxes, they are using new modeling projections, they could be facing 112 million symptomatic cases, 2.7 million icu cases as well as 1.6 million fatalities between now and next month. that is very similar to another projection we got earlier from peking university, pe

university of central lancashire. thank you so much. thank you. meanwhile in china or shanghai official says, the city is looking to resume normal life from the 1st of june, deputy mayor zone wings announcement is the clearest timetable so far of a return to normalcy in the city of 25000000, where many residents have been confined to their homes, compounds and neighborhoods for more than 6 weeks. official service, it is covered, our brick is under control and that all districts, but one have eliminated transmission among those not already. important journalist far beyond crunch. my is based in be doing and drugs been are from there with more far beyond what is the situation right now in shanghai? are people still in lockdown? yeah, by all criteria. yes. i mean, the am, local government is arguing that am a fewer than 1000000 people are still locked to the apartments. but i will be very cautious with those numbers in a lot of cases and where residents are legally allowed to go outside. but actually the local neighborhood committee, i like the lowest m a governing a form here and

i want to go from hong kong and the headlines in shanghai to bloomberg's reporting of a protest at beijing university one of the professors talked about "deep unhappiness." what is the level of deep unhappiness along the leadership of government in beijing? >> there has certainly been speculation at the top of the government. they are concerned about the impact of covid zero. we know in terms of open source materials, people of set in terms of daily lives. we cannot be too scientific about this. there is no outward sign of division and we know the government continues to enforce the broad coven -- covid zero approach though it is having an impact on residents. they are sticking to the policy. tom: is there a vaccination plan in a big city or across china? edna: one of the interesting things to come out of the covid outbreak in recent months is the vaccination rate of the elderly, and a feeling that is one of the reasons china cannot adjust its covid zero policy because with the obvious ramifications it would have. we know the three shots have been proven to be effective but not as effective as the mr

universities. here's a quick look now at some of the other news. more shanghai residents have been allowed to shop for groceries for the 1st time. in nearly 2 months, people were given, passes, permitting them to leave their homes for 40 minutes. is part of the authorities plans to gradually exit the harsh code. 19 lockdown. campaigning is underway and thailand's capital bank cock ahead of sunday's local election. it's the 1st time and 9 years that residence we'll get to choose their governor full suggest candidates opposed to military rule or in the lead contest is being watched as a bellwether ahead of general elections expected. next year, italy in sweden have joined a string of european countries in the united states and reporting their 1st cases of monkey pox. the rare disease normally only occurs in central and western africa . health experts say people should have any unusual skin rashes examined. world health organization is calling for vigorous contact. tracy shooting at a high school in the northern german city of braimer, have and has left one woman s

the links between the chinese defense institute and european universities time for a quick look now at some of the other news. more shanghai residents have been allowed to shop for groceries for the 1st time. in nearly 2 months, people were given passes, permitting them to leave their homes for 40 minutes. as part of the authorities plans to gradually exit the harsh covert 19 lockdown. italy in sweden have joined a string of european countries and the united states in reporting the 1st cases of monkey pox. the rare disease normally only occurs in central and western africa, health experts, a people should have any unusual skin rashes examined the world health organization is calling for vigorous contact. tracy. germany's top court has approved rules requiring health workers to be vaccinated against coven 19. the constitutional court rejected complaints against mandate, which has been in effect since march. it said the importance of protecting vulnerable people in hospitals and care homes outweighed any infringement on health . workers' rights. the world meteorological organization says the last 7 years were the hottest on

universities, is a quick net hook. now rather as some of the other news, more shanghai residents have been allowed to shop for groceries for the 1st time. in nearly 2 months, people were given passes, permitting them to leave their homes for 40 minutes. it's part of the authorities plans to gradually exit the harsh covert 19 lockdown. campaigning is underway in thailand's capital bank. hawk ahead of sunday's local election is the 1st time in 9 years that residence will get to choose their governor. polls suggest candidates opposed to military rule or in the lead. the contest is being watched as a bellwether ahead of general elections expected. next year. the word, world meteorological organization says the last 7 years worthy, hottest on record, the you and whether agency says impacts of extreme weather have led to deaths and disease migration, and massive economic losses. the u. n. is urging broader use of renewable energy as a reaction and we turn to sports football news now and wednesday, wednesday night rather saw a thrilling conclusion to the rope, a league with an touch frankfurt winning in a penalty shoot out th

is being blamed on a covid shutdown at a shanghai production plant, where most of this product is made. dr. phil johnson is the chief of radiology at the universityncerning because certain procedures are not possible without this dye. >> we can do a ct scan without contrast. it may not be quite as good but we can still get valuable information. we can do other studies like mri scans or ultrasound scans, but if somebody has a heart attack or if somebody has a stroke, the only way you can get into the blood vessel with a catheter, you know, into the heart or the brain, is to inject x-ray dye to identify the clot. >> reporter: the american hospital association recently put out this advisory to members to provide resources on how to conserve supply. normal production of the dye is not expected to resume until late june. >>> coming up on "cbs mornings," the new book on the looming threats the world will face and how to respond to them. plus, only on "cbs mornings" we'll talk with the ceo of uber about the company's new services, including robot deliveries. and british olympic diving champ, tom daley, stops by the times square studio to tell us about h

university, politics lecturer. for more on this election, check out bloomberg "australia decides" podcast. that is available wherever you get your favorite podcasts. next, shanghaies steps to ease its two-month low loan. we analyze the decision to introduce-risk category's across the city. this is bloomberg. ♪ haidi: let's get the latest on the company situation in china. parts of beijing remain under restrictions after 94 cases were reported on sunday. a two month long lockdown continues in the meantime for parts of shanghai, as the city takes steps to curb the outbreak. let's get more from bloomberg's editor for asia global business. what is the state of play? emma: in shanghai, we are seeing this very gradual step toward easing the lockdown. you can tell they don't want to make a wrong step and risk another flare up with this latest round of easing moves. what they're going to divide the city into low, medium, and high risk. the emission mission -- the definition of a high-risk area is where they have not seen covid community infections for 14 days. given that we have amount of community infections in shanghai for some time, it should constitute a fair bit of

universal testing, we don't even do contact tracing. but the outbreak still went down, irreversible. compared to shanghaier of contacts between people, not quite as strict as a lockdown which would shut everything down and confine people to their homes, but certainly for example, access to outdoor venues, would this still work? i'm just thinking in terms of proximity and the populace of cities, of places like shanghai, for example, or hong kong, in terms of contacts and breaking those possibilities, would that work? hf breaking those possibilities, would that work? , ., ., that work? if you do the right thin , that work? if you do the right thing. the — that work? if you do the right thing, the outbreak _ that work? if you do the right thing, the outbreak will - that work? if you do the right thing, the outbreak willjust i thing, the outbreak willjust subside. but if you do not do the right thing, it will also subside, so that is the natural change. it will rise and fall as it does everywhere else.- will rise and fall as it does everywhere else. will rise and fall as it does eve here else. . ., ., everyw

shanghai is keeping strict virus measures in place despite falling cases. aging found 59 new cases on saturday, up from 54 the previous day and has activated a makeshift hospital. the universaldios theme park in the capital as been closed temporarily. the company's revenue plunged into the low whistle in 18 months, the biggest gambling hub is suffering from a tourist route -- drought. the five day labor day holiday look said to be a washout with a virus restrictions in shanghai, beijing, and elsewhere. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. haidi: intel says it will raise its key technical milestone earlier than planned that will help the chipmaker gain attention -- gain its edge. >> near-term markdowns, we are starting to see the port opening up, we are getting positive news in china, which is challenging for apple. overall, the big story is around building up semi conductor capacity, and we felt like 2023 we would start to see equilibrium. in no small part because of equipment shortages, the equipment that goes into what we are building, we are seeing leadtimes which are su

universal studios beijing will be closed because of the covid-19 outbreak. the theme park did not say when it might reopen. after several weeks in lockdown, shanghai reported nearly 7,900 new covid cases on saturday and 38 deaths. the number of new local cases and deaths both declined slightly over the last two days. at least 27 chinese cities are under full or partial lack down, affecting some 180 million residents. cnn correspondent selena wang recently moved from tokyo to beijing. she chronicled her travel and subsequent quarantine in china as she experienced the nation's strict zero covid policy firsthand. >> reporter: traveling into china is like entering a fortress. the country has been virtually sealed off since the start of the pandemic, guarded by strict border controls and the world's harshest quarantine. my journey to get in start with three pcr tests in tokyo san days out from my flight, first daily covid test. i'm preparing for 21 days in quarantine. within 48 hours of boarding, china requires pcr tests at two different government-approved clinics. this is possibly the most paperwork i've ever needed to board an airplane. i say good-b

universe he lives in. jennifer, thank you very much. 1000 miles east of moscow shanghai is tighten the lockdown to hit theimble with video, new details on how china's trade is hitting the supply chains. grady? reporter: those lockdowns are spreading to other cities. some cases they're being extended. people are growing more and more frustrated by them but the chinese government is not backing down on the zero covid policy. yes, that could cause problems for you and me in the form of supply chain strains which could go worse. strict rules in shanghai will reportedly last this month you about they have been pushed back multiple times already. people are forced testing and forced at times to stay in their homes. some people test negative for covid are required to quarantine. there are worries that people do not have access to food and other essentials. the lockdowns as i said are spreading to dozens of other major cities even many with covid deaths in the single digits. in beijing, gyms are closed. dining at restaurants is not allowed. public transit has been reduced by about 15%. to keep factories open work

universal studios beijing will be closed starting today because of the covid-19 outbreak. the theme park did not say when it might reopen. and after several weeks in lockdown, shanghaieported nearly 7900 new covid cases saturday and 38 deaths. but those numbers are down slightly over the past few days. now, shanghai is the engine of china's $18 trillion economy. and the city's strict covid lockdown could come at a heavy cost. kristie lu stout explains for us. >> reporter: it is china's biggest and most affluent city, and the streets have been empty for weeks. shanghai is battling its worst ever covid-19 outbreak determined to crush it with its zero covid policy. it comes at a steep cost to its economy and has implications for the world. >> we're forecasting that the lockdown in shanghai will rock china's economy, you know, shanghai is an economic powerhouse, it holds one of the two stock exchanges, shanghai's port counts for something like 3% of global through-put at any given time. >> reporter: shanghai is home to the world's biggest container port, and it remains operational, but according to logistics platform project 44, on april 18, some ships had been diverted

. >>> universal studios, beijing, will be closed starting on sunday because of the covid-19 outbreak. the theme park did not say when it might reopen. after several weeks in lockdown, shanghaid nearly 7,900 new covid cases saturday and 38 deaths. the number of new local cases and deaths, we should point out, has declined slightly over the last two days. at least 27 chinese cities are now under future or partial lockdown affecting some 180 million residents. >>> coming up for us, we'll have more on the unannounced visit by u.s. lawmakers, including house speaker nancy pelosi in kyiv this hour. >>> also, there's no end in sight for at least some civilians who were stranded in mariupol's besieged steel plant. next, a small number of them did manage to leave after weeks of relentless russian bombardment. ? it's the modern way to transform fragrance infused with natural esessential oils into a mist. air wick essenential mist. connect to nature. there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions w

. >>> universal studios beijing will be closed beginning today because of the covid-19 outbreak. the theme park did not say when it may reopen. and after several weeks in lock down shanghai reported nearly 7,900 new covid cases on saturday and 38 deaths. those numbers are from the shanghai municipal health commission, which reports the number of new local cases and deaths both declined slightly over the last two days. shanghai is the? gen of china's $18 trillion economy. and the city's strict covid lock down could come at a heavy cost. cnn's christie lustout explains. >> reporter: both china's biggest and affluent city and the streets have been empty for weeks. shanghai is battling its worst ever covid-19 outbreak determined to crush it with its zero covid policy. it comes at a steep cost to its economy and has implications for the world. >> we're forecasting that the lock doin in shanghai will rock china's economy. shanghai is an economic powerhouse for china. it holds one of two stock exchanges. shanghai's port accounts for something like 3% of global car fare through put at any given time. >> reporter: shanghai is home to the world's busiest container port. it remains

universal studios. starting thursday, residents will also need to present a negative covid test to enter public places and travel on public transport. mea meantime, in shanghaicases and been on lockdown for more than, a month, officials will ease restrictions in six districts, impacting 7 million of the city's 25 million residents. >>> from jerusalem, israel is summon, the russian ambassador for talks after russia's foreign minister claimed in an interview it doesn't matter the ukrainian president is jewish since, quote, hitler had jewish blood and the worst anti-semites are jews. the lowest level of racism against jews is to accuse jews of anti-semitism. ail though israel has condemned russia's invasion of ukraine, they have tried to maintain a delicate balance to act as mediator and because of their own security concerns. the israeli government is coming under pressure to do more. including by fully joining western sanctions against russia. >>> i'm christina mcfarland in london. a member of the british parliament is resigning after admitting he watched pornography twice in parliament. he told the bbc the first time he watched it it was an accident but the

shanghai, fans or whether them were for example, this should be a very basic undisputable right for any palestinian however, mcpherson is not that we're dealing or come on the right thing, the university of the neck or the independence day of israel, where we have witness. last week, the president of the world sending greetings and congratulations to the state of israel. but the method today should be through ozetta to the international community on the international, the world that has created this entity, which is by the way of normal. i mean, it is very interesting to witness how israel, which is violating all kinds of international law, is all kinds of the universe at the clayton of human rights. un security council resolution journal assembly resolutions. and by the way, the palestinians have more than 110 un security council resolutions that safeguard our right. on the 67 borderline. we have more than 81. can you provide gently to the side. so also see that we see the case. so you know that the desire to stop a complete occupation breaking out a new crime, for example. exactly. but this is, this is the point that we have to be focusing on today. it's very important and we do app

shanghai which has reported more than 5,000 new cases and is now in its fifth week of total lockdown. >> joining us now to talk all things pandemic infeck shuz diseases physician founding director at the university a title. we're glad you're here with us today. let's talk first on masks. the cdc is not alone in its push for mask regulations. and in recent days, there have been dozens of universities that have reinstated mask mandates. but at the same time, there are a number of cities like new york city which we just heard could trigger, if officials wanted a restoration of masks and vaccine mandates. at least so far, it doesn't seem like that's happening but covid cases are picking up everywhere, fueled by subvariants. give us your 30-000 foot take on where we are in terms of this pam. >> well, jnl, i do think we're entering a perilous area. we have to see where that lies with hospitalizations and deaths and just as you said, 30,000-foot foot view is that we are not out of the pandemic, but we do find ourselves in the new phase of the pandemic. over the last years, as the mortality, the chances you might die from the disease, if you get the two vaccinations through the ability to get tested qui

university. ♪ >> take a look at markets here, we can see the gains and losses in chinese assets given what we are seeing whether it is the reopening story and shanghaiwe have the pmi numbers, better content expected and still in contraction. the dollar moves, the bond market selloffs, oil prices headed higher, it is not a risk rally. >> amongst it all we have the rebalancing in hong kong, that will happen after the close. that is making things a bit more complicated here as well. this is a foreign minister of china saying chinese u.s. relations cannot afford to deteriorate further, an interesting line coming through. he says chinese covid lockdowns are domestically unsustainable and internationally a bear or sing -- embarrassing. stephen roach with the upcoming book on upcoming china u.s. relations. let's start off with a look at one, that you made. saying, i have been an unflinching optimist on the chinese economy for 20 years, now more concerned that any point in my career. as a china watcher, what makes you so worried in particular? >> i think the biggest thing is that my optimism for 25 years has been based largely on analytical, analytically so

shanghai, forced ge healthcare to temporarily shut down a factory there. it means the solution need today diagnosis blockages it's harder to come by. it's the university center that has delayed non-emergency appointments, fewer than 5% but also asking doctors who order ct scans to rate them as urgent or low priority and hospitals across the country are working on conservation strategies as the american hospital association says it has raised the shortage with the biden administration and i talked with some medical device suppliers who say this proved american production must be prioritized. >> we have to diversify base of manufacturing out of china and southern nations. we have to do more domestic manufacturing and near-shore manufacturing of the critical products. >> now the shortage on iodine solution follows shortage other medical devices being tracked by the fda, gowns, products all made in china. now for ge healthcare's part it tells fox business that it has expanded production of the iodine solution at manufacturing facility in ireland now, expect to be up to 50% production capacity by the end of the week and also flying deliveries to expedite a