he posted this on his linkedin page it has been confirmed by smic. nine years i resigned from the board. the international divide has further widened. he went on to say it is become too hard to carry on having these board meetings in the middle the night without seeing people in person. he is alluding to those sanctions in the first part of the call but also covid zero is isolating westerners and chinese from each other's businesses it just became too much after nine years. it's another parch or. there are others who have also quit since the end of 2020. >> this decoupling happening on all fronts. u.s. futures are fractionally higher right now even as investors continue to be split on the outlook for the s&p 500. let's bring in annabelle for morning calls. one saying the worst of the selloff may be over. >> this is from j.p. morgan strategist. he says u.s. stocks could rebound to record highs. he is saying if you want to call yourself a true bull that timeframe needs to be in about three years. primarily looking at the inflation data, he says as long

shery: what about smic, what can we expect from their earnings?s expecting smic will post strong earnings friday as well due to a boom in design and the automotive chip shortage. at the same tom, analysts will be keen to find out progress in smic's development of checks because a couple of weeks ago, we reported that smic seems to have come up with an emergency chip despite u.s. sanctions. that is something analysts will be keen to find out, exactly where smic pushed forward with technology building. shery: our bloomberg asia tech reporter debbie wu. china has criticized a law promoting chip production in the u.s. as a threat trade and an attack on chinese business. bloomberg has learned that senior officials in beijing are frustrated at a long-term failure to develop semiconductors that can replace u.s. circuitry. our next guest focuses on china's rise, jordan schneider joins us from new york. china accuses the u.s. of unfair competition with the chips act. china faces the same it is agents because of state subsidies. does this with the u.s. on a

he would gather with a bunch of other artisans like black smic and carpenters and so forth, they met once a week in this club called the john doe and it would be described as a club for moral mutual improvement. there is no better enlightenment definitions of that, a clever mutual improvement. they get together and i read a text together and someone would present a paper that they wrote and they debated and so forth. but you see this over and over again, that the indictment is both an individual effort but the enlightenment, improvement, self improvement always comes within some kind of community as well. , so, there is my first premise of the enlightenment. the enlightenment is about self improvement. the second, this one's a little more complex. enlightened people, people who are enlightened, we're able to employ reason as a necessary check to the individual passions. when you think about check, what do you think about, that word check? >> checks and balances -- >> yeah, good, checks and balances. why do you need checks and balances? because, if one branch of government, if their p

quick stephen engle in hong kong, our chief north asia correspondent there with the latest on smic.ese solar company also defined u.s. sanctions, the products expanding operations in a region facing allegations of human rights abuses. the reporter joins us now for more on this story, and tan, you are saying the silicon industry has more than doubled its share price, what's going on with the company? >> it just shows the limitations that the u.s. government has when they are trying to curtail a sort of forced labor behavior outside of its own borders. this company produces silicone, which is probably silicone, which is the main product and solar panels. but, more than one year ago, the u.s. put trade sanctions on this company, it barred imports of its products, but since then, like you said, the share value has doubled, the family of the founder, their value has tripled, they are worth more than $12 billion now, and it just short of shows the limitations when you are dealing with this sort of international world of one country putting extensions on another company. shery: it really s

truly no gift would be better saying america smic or new year to your loved ones then this wonderful new biography. reading it, i realized that i have organized a number of forums, ten of them with a leader and others. i've never had the time to great biographies so i think a leader for that opportunity. i thought for the next 60 minutes we would try to do the same, we are going to skip over large swaths of her life, and parts of the book, including can of the most really interesting personal stories which i fear we couldn't do justice to in the short conversation. but i hope that it picture interest and leaves you wanting more. there is also a possibility that our professional be aired on c-span and i'm hoping that we will -- both of you know a lot about roosevelt and to those of you who maybe it is your first introduction. we will try not to attuned too much information and i will help you fill in the blanks here in there, direct quotes from the biography. david is an artist who paints and i want to share some of his turns of phrase as part of my questions. lastly, we have selected

meanwhile, smic 18th corps moved up the james river and prepared to disembark at bermuda hundred. only the supply wagons that were guarded by the black division of the ninth corps and problems discovering their designated crossing point down there on the chickahominy at kohl's ferry was impractical. they had to move back up to a place called windsor shaves in order to try to get across. they would be delayed, everybody else had achieved a spectacular logistical achievement. grant had no doubt. stolen a march on robert e. lee. he simply had to approach petersburg, overwhelm a line of thin defenders that were supposed to be around the city and then reap the benefits. forcing lee to fight for his communications, accept a siege of richmond, or abandon the confederate capital. there is the union set up for this. what about the confederate perspective? as i mentioned, he was perfectly cognizant of the potential of grant crossing sooner or later and getting to the south side of the james. but lee was uncertain of grant's intentions. he declined to consider butler's june 9th effort as any

hon hai and smic and aac could move. that is it for daybreak: asia.rg. ♪ millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network, with the carrier rated #1 in customer satisfaction. that's a whole lot of happy campers out there. and it's never too late to join them. get unlimited data with 5g included for just $30 a line per month when you get 4 lines. switch to xfinity mobile today. >> good morning from hong kong it