whether it is the south china sea, the straits of taiwan, whatever is happening in tibet, hong kong and the rest. we did not go there to talk about china. we went there to praise taiwan. we went there to show our friendship, to say china cannot isolate taiwan. that is what it was about. that is incidental to me and no relevance whatsoever. we will be together tomorrow at the next day to talk about other subjects. but for now, i want to thank my colleagues. they were just so fabulous on this trip because they brought knowledge, they brought values, they brought strategic thinking. they brought respect for the people that we met. may i say while we praised our troops and the general who took us around, they were fabulous. we showcase them and praise them. -- we showcased them and praised them. and on the diplomatic side, ambassador goldberg, ambassador emmanuel -- i was leading up to him. our former colleague, rahm emanuel. and representative kirk in taiwan, we praise him for his diplomacy which is very much the soft power that is important to our security as well. let me close by once ag

and then of course the is the, the long standing territorial dispute in the south china sea as well. that's right now that's always been a very sensitive topic and it's divided ozzie and members in the park. now those who don't have overlapping territorial claims in the south china sea with china, it happened accused in the past of fighting with china, cambodia, which is the chair of the regional block this year. now the last time it held that position, 10 years ago, member countries were not able to agree on a final joint communicate. and that was the 1st time in the blog history, but that has ever happened. so core members, i came to not see that happen again. but, you know, china has a history with critics of acute china preferring individual negotiations with member countries. so it can, it's fond. it's interesting. and even though our country want to be able to come up with a united fund when it comes to the code of conduct in the south china sea, that is proving to be very difficult to achieve. and i think countries looking at china's response to us how we can close the visit to

and a question also we split are we see a split over south china sea. so now i think china and the us both trying to rally us in members to their size. and this is that is dividing the original organization right down the middle. and that the vision is deepening, and it's not good for, for the neighborhood, whole neighborhood because one us in is divided the major power. so we'll have no kind of bridge to, to have dialogue and no mediator. so i think that job look a bit now sitting on a post direct from chill along corn university in thailand. thanks so much for that fascinating analysis. a kate, i'm to take a look at some of the other stories making headlines around the world. lebanon is commemorating 2 years since a massive port side explosion killed more than 200 people in the capsule bay route . the blast was recorded as one of the largest non nuclear explosions in history. and was caused by poorly stored ammonium nitrate investigations into the incident. have stalled, no senior official has yet been held to account. authorities are blaming arsonists

know austin already has a lot to deal with the the me and my sister who and the civil war in the south china sea before that china's belligerence in the regions and now the russian invasion, you claim the russian question. so austin has had a lot to deal with. and you know, normally it's the kind of a rich and a buffer for big plans for the major. good. so now the loss is at this cross rate prices with china's military life fire drills going to exacerbate and you know, it does not help us tend to maintain the central role of security in the region. so as is much more challenged by related events and already had a full plate before. and you know, remember that if asked in this not be well, it becomes irrelevant and doesn't have a central role is bad for the big house because they will not have a place to talk to each other. nations have been very careful so far to pick sides between the us and china, the, the rivalry in the pacific. but will they now gradually be forced into making their allegiance is clear. you know, the, the, the us in that use and the secret to the success requires the big pow

with policies that have seen tit for tat tariffs, and shows of military might in the taiwan and south china seaincreased tensions over taiwan, which has found itself, again, right in the middle of current us—china relations. chances of a military conflict are higher than ever. that is according to experts. but earlier i spoke to kevin rudd, president of the asia society and former australian prime minister, who said that doesn't have to be the case. with increasing difficulty and the reason is that xijinping wants to retake taiwan. he is the first chinese political leader to have announced a timetable for doing that, albeit by 20119. but most previous political chinese leaders have left this in an indefined space in the future. chinese military preparations are under way. financial economic preparations are under way. and the united states and its allies are pushing back. i think the problem with the pelosi visit was that it went to a core elemental sensitivity in the relationship, which is whether china any longer believes the united states is supporting a one china policy, whether the us is d

house in the rose garden, he told president obama at the time that he would not militarized the south china sea he's done that. that's a way to shut us off. that's why we put our cruisers through the china sea because we insist on freedom of navigation. those are open seaways and we should demand it and force it if necessary. >> neil: thanks, general for your service. some other news that disappoint add lot of space enthusiasts as we were ready to get back to the moon. artemis mission's stop. artemis is the goddess of the moon. we were going to re-visit the moon. people were disappointed. krispy kreme had a whole doughnut campaign based on this moon mission including doughnuts that looked like the moon, i'm told. i can give you a hint. i've seen the doughnuts. not exactly like the moon, but delicious. after this. ♪ my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it into a low-rate

indo pacific region we open its use of its conduct of freedom of navigation operation in the south china sea to make that point something that china has become increasingly vocal about that. now all of those things are going to be on the agenda at these meetings, in pet and flow more control the see on the agenda to with who hasn't been invited to the meeting that that's right. so there's one very notice that noticeably empty chair, and that's the one longing to myanmar. now the member states have not extended an invitation to me on most foreign minister, but because of my failure to implement and are the in that piece, black, it has said that man, my can send and non political representative, but on. but my has refused to do so. now, me on my of course, a problem. a crisis for the region because of the humanitarian quite says that the military will have killed more than 2000 people according to a civil rights organization. more than 11000 people have been detained or have been sentenced since the coo last year. and the member states agree that there is a problem, but they can't seem to agre

oh, i see is case in point the south china sea where the philippines and china have had a territorial dispute. in 2016, the philippines won an international ruling, invalidating china's vast claims in the region. but china has continued its military build up and incursions. marcus administration has to emphasize it's the, here is 2, a one china policy, but with tension high in water. so near the philippines it will be looking to do that is states for a renewed commitment to a long standing military alliance. barring to below al jazeera manila. and he government protest is inter lanka have gathered in colombo, in defiance of a crack down by security forces. i comes a day after one of the main camp sites was dismantled. they're angry about an economic crisis showing no signs of ending. despite a change in government, shank is financial woes have cause severe shortage. it was basic goods and pushing millions into poverty, nelson, and is in columbia with more of what the protest is a calling for. the theme essentially for all the professors who have come together here in this above of col

oh, i see is caisson point the south china sea where the philippines and china have had a territorial dispute. in 2016, the philippines won an international ruling, invalidating china's vast claims in the region. but china has continued its military buildup and incursions. the marcus administration has emphasized its adherents through a one china policy, but with pension high in water. so near the philippines it will be looking to do that is states for a renewed commitment to a longstanding military alliance. barnaby law al jazeera manila, anti government protested inter lanka have gathered in colombo, in defiance of a crack down by security forces. it comes a day off to one of their main camp. science was partly dismantled. they're angry about an economic crisis that's showing no signs of ending. despite a change in government. now fernandez has more from columbus. they marched from different directions with one common demand, stopped the repression. c ah, students, artists, trade unionists and ordinary shall lumpkins united against a government the sea is stifling descent. why? yeah

of course, is taking place against the backdrop of a long standing territorial dispute in the south china sea, where several member states of rpm had overlapping claims with china. with seen, china use increasingly aggressive tactics in the last few years to stake its claim . and that has led to confrontations with, for example, the philippines, vietnam in the pine members. they don't want to see that happening. and southeast asian countries want to have a unified code of conduct, but that's proving to be quite difficult to achieve. member state, non claim and member states have been accused of siding with china in the past. for example, cambodia, when it was the host the last time 10 years ago. it was the 1st time that the member states were not able to agree on a final joint to communicate and members are keen to not see that happening again. now and add to that mix is the us with it. pivot to asia is declared commitment of one thing to keep the indo pacific region we and open it use of conduct of freedom of navigation operation in the south china sea to make that point something that china

an amphibious assault suggests that the taiwanese think the chinese will take islands in the south china sea- >> dickerson: another supply chain log jam in the warning from the nation's businessiest port. terror shark encounters. what had swimmers racing to shore. and renning the life and careers of two americans icons and thee. ♪ ♪ ♪ this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. ♪ ♪ ♪ >> dickerson: good evening, and thank you for joining us, i'm john dickerson in for norah. tonight, we are awaiting president biden, who will speak within the hour about what's being described as a successful counterterrorism strike. a seen nor administration official tells cbs news that the u.s. killed top al quaida leader ayman al-zawahri over the weekend. this would be a significant blow to the terror group, and his death means all the top plotters behind the september 11 terror attacks are either dead or captured. al-zawahri took over as the leader of al quaida following the 2011 raid that killed osama bin laden. we want to bring in cbs's nancy cordes at the whit

oh, i see it case in point the south china sea, where the philippines and china have had a territorial dispute. in 2016, the philippines won an international ruling, invalidating china's vast claims in the region. but china has continued its military build up and incursions. the marcus administration has emphasized it here is 2 a one china policy, but with pension high in water. so near the philippines it will be looking to do that is states for every new commitment to a longstanding military alliance. barney, below al jazeera manila. stella had anal 0. 0, the professor is returned to the streets and sir lincoln's counsel in defiance of a government crackdown. ah, the journey has begun the faithful world copies on its way to the castle book your travel package today. let's go with your weather update for asia. hi, everyone. hope your weekend's going well. meteorologists and pakistan or warning of above average monsoon range for the month of august. we'll get there in a sec. but 1st here's where the monsoon rains are on sunday. pepin up around entre production in the days to come, we co

we open it, use of its conduct of freedom of navigation operations in the south china sea to make that point something that china has become increasingly vocal about that. well, in the meantime, russian foreign minister said a lab rove has paid an official visit to manama ahead of his trip to cambodia to join those. i see on meetings that flows just talking about a lab roll, the held talks with the military gender, discussing security and economic issues. russia has supported the country's role is since they seized power last year. o in solidarity was different. so few prime minister your government to normalize on the delay the situation young. we know that you're planning next year to have a full amount through election song we. we shall success in promoting your country in making your country stronger and why fission. now moving on and iraq's influential sheer procession looked at outsider is demanding an early election. he says dialogue with the government has proven to be futile. sada delivered a televised address edging his supporters to continue with sitting at parliament until

with policies that have seen tit for tat tariffs, and shows of military might in the taiwan and south china seaan which has found itself — again — right in the middle of current us—china relations. chances of a military conflict are higher than ever — but my next guest, the president of the asia society and former australian prime minister kevin rudd says that does not have to be the case. well, mr rudd isjoining me here in the studio today in singapore. karishma's questions: first nancy pelosi's visit — then more us officials to taiwan — now these new trade negotiations between the us and taipei — seems like a doubling down of their approach. and some asian diplomats say this pushes the chinese into a corner, how do you see it? with increasing difficulty. prison xi jinping wants to take back taiwan and wants to do by 2049 but most previous chinese political leaders have left this and defined space in the future. chinese military preparations are under way. financial preparations are under way. financial preparations are underway. in financial preparations are under way. in the allies and pushi

the us and its allies about china's military assertiveness on issues such as ty, one and the south china sea. they'd be willing to pull out the washington is trying to protect confidence in the existing international order and take steps to help ensure it fully. because the u. s. neglected china's unilateral behavior for a very long time. and now they're making more of an effort to be able to respond militarily to china in that regard. indonesia is not a u. s. ally and has long pursued a foreign policy, which it describes as free and active. but it has also pushed back against china's maritime incursions into its waters. journalists here asked the indonesian armed forces commander, undeclared, but casa, whether the exercises were intended to send a message to beijing. so as i gotta not at all, we have always done this training. if someone wants to read it that way. well, that's not our intention at all. these drills involving several countries will continue until mid august. jessica washington out his era, but to roger indonesia. frank, as president says, talks with the international monetar

oh, i see is case in point the south china sea where the philippines and china have had a territorial dispute. in 2016, the philippines won an international ruling, invalidating china's vast claims in the region. but china has continued its military build up and incursions. marcus administration has to emphasize it's the, here is 2, a one china policy, but with tension high in water. so near the philippines it will be looking to do that is states for a renewed commitment to a long standing military alliance. barring to below al jazeera manila, still had an autism tenures to main presidential candidates hold, rollins ahead of tuesday's vote. and while ukraine's military turn into virtual shooting ranges to train new recruits, ah, richard, he has begun the faithful world copies on its way to the cutter route. your travel package to the hello there. let's look to east asia and it's still a story of intense heat across central and eastern areas of china. and on sunday we'll see temperatures picking up once again in shanghai nearing 40 degrees celsius . now there are a lot of that heat is

tour for a reason, will have to promote american values ​​and interests with her towards the south china seaed forward a group of aircraft carriers anastasia dolgova to lead. in difficult economic conditions, russian enterprises are looking for new ways of development . a manufacturer of household chemicals from the volgograd region was able not only to reduce dependence on european raw materials, but also enter foreign markets, and its products are significantly lower than foreign analogues, elena kovieva spoke with specialists. now there is a mixture of several components. the output will be a non-contact car wash shampoo in one flask, surface, active substances, organic foaming agent, solvents, other components, the recipe changes and the output is a top product, a washing gel, as well as shampoos, auto cosmetics, modern trends in household chemicals. concentrates experts say that all this must be diluted with water and it turns out not only a functional, but also an economic effect. consumption in everyday life is minimally self-produced. uh, auto chemical products. household chemicals,

so this logistic nightmare that it has two supply is china controls the south china sea.

there's also the aspect of south china sea, as you may know, installed chinese embraces huge parts of taiwan. and it's also we're number of saudis, asian countries have claims and we have seen, based on recent reports that china, one of his retaliatory measures is to conduct life fire exercises across salt, trying to see falling the visit of nancy pelosi to tie one. the other thing, of course, is the fact that taiwan and china both have very good economic relationship with many can be seen to region. so even though majority of saudi's asian countries have a one, china policy, meaning diplomatically on to recognize beijing as a representative, upgrade your china. but they have also very robust economic investment ties with taiwan. so that's why this is very complicated for a lot of us in the region, which is we're also emissions of during we've been reluctant, i've been there to pick sides between the us and china when it comes to the rivalry in the pacific. but do you think they are slowly being pushed into the direction of picking one right, well not picking a side is a picking. it i

, it's not went away in china and we see lots of interesting developments taking place in the south china sea and that's a growth, we have seen the international system change and china assessing itself and that's a post-war context. >> chris, do you have anything to add? i think that was great comment? >> no that was comprehensive. andrew does a great job of capturing. >> i thought that was fantastic and kind of takes us to our last question here which in a sense one of the questions that we have gotten from our audience. you know, what implications does the cold war have for today's military for global affairs and i think it goes along with this idea that you just mentioned with so many nations still communist governments and did the cold war really ever end or has it become less prominent. did it just shift in ideology, you know, did the cold war just really kind of end with the soviet union and now we are dealing with something similar but, you know, different name. >> so i will try to tackle that that 8 russians were sent out of belgium, brussels, sent packing for being intelligent offic

. >> there is concern that if there is a conflict in taiwan, it would spill over into the south china seawhere you have territory, territory the china contests. is indonesia ready to defend itself or defend its land and waters? are you ready for that conflict militarily if it happens? >> we do want the region to be peaceful >> it should not come to the point where tensions rise and it affects economic growth and then later on affects the well-being of our people. in my opinion, it is very important there is a space for dialogue, especially between leaders of big countries. the global situation is extremely difficult and there should not be further unnecessary issues. we are going through a food crisis and energy crisis. the pandemic still exists in some countries. >> i know that you have invited president xi to come to the g20. has he said he will come in november? >> xi will come. >> and president putin? >> president putin has also told me he will come. taylor: that was a snippet of a conversation. this is "bloomberg markets." i am taylor riggs with jon erlichman. we think about the g20

shown their real fairs not only to what i want, but also towards japan and also especially in the south china sea. that's the reason why there is these concept indoor pacific is strategic alliance. no more asia pacific. right. so a chinese attempt to invade taiwan to re unify with the mainland will succeed or will not succeed. no, no, and will not succeed because you have the indoor pacific around. do we have we hipped our own military? we are working very close. who is the friend never in that was never countries are going to shots over the us hasn't committed that it will commit us troops to fight on the side of taiwan. they don't have to, that's the policy of ambiguity and what they can, what they don't come through. and if i one is left alone to face china, we have to face that. the rent rollin i will, if you list out of guns you're out man 0 and they're going to pay a big price so big that they will do think it again. it is what is worth it to a tech type one. and then in case the warranty, unify us over unified, whatever you say they should try to attract us, not a tech us, but the john is

so yes, the situation is warring in the south china sea ordering there on taiwan there. you're so lucky for economic sanctions, but we have to keep things into perspective. we're still not even at the loan of the 199596 taiwan street crisis. and we don't want to even get there force or we don't want to get there. and you say that teaching paint doesn't want to get there . but many observers believe that an escalation, either by choice or by accident, is only a matter of time. so would you share that assessment? yes, that is why it's extremely important and is in france a bite on his station has also been doing that. the super activate the communication channels on both military and civilian level. because i think there's an anticipation that the probability for accidental cautious or some major incident is increasing by the day. and even if the nice below the situation did not create a word or 3, i think this is just an opening salvo in a very perilous episode. and us china relations as forest i. one is concern. and in the meantime, you can see even we didn't die one, th

the chinese fleet does not remove combat duty in the south china sea, and soon, as the press writes,l again conduct a training operation to encircle taiwan, and this seems to be true. indeed, at the same time, the prc defense department launched an uplifting video about marines, infantrymen, who are immediately called eagles and tigers and sea dragons. on the island itself, in its southernmost part, the taiwanese military is already checking the combat effectiveness of artillery on taipei television frames slips, drawn on shells with chalk, when there is an army, you can be calm. but it is precisely calmness that does not add we warn the leadership of the democratic progressive party. taiwan that colluding with outside forces to carry out provocations for the sake of so-called independence will ultimately only hasten its own destruction and push taiwan into the abyss of disaster. separation due to independence. taiwan will never succeed, and betraying the interests of the country and the nation will be a complete failure in the so-called white paper, which is hastily published office

it seems that she wanted to avoid crossing the south china sea and potentially going into any air space where the, the chinese military might try to intercept or interfere with her route in some ways. and said they tracked easton, then, and then headed around to sort of the back of the philippines and up to taiwan. and only just landing now as we've just seen them land. now that we have had reports from c g t n that sir, one of for china's m state run media reporting 30 or chinese su 35 fighter jets are currently crossing the taiwan straits with no further comment on that and expect it. but i think this is the kind of the kind of steps that we can expect to see from china over the next 24 hours or so. we're while pelosi is in taiwan and kind of muscle flexing a show of force from the chinese new with aircraft. and we've also seen movements of, of ground forces around earth on the coast, in the city of sham n wishes to close the city to taiwan. so obviously the u. s. will be watching extremely closely what the chinese are doing there and, and what kind of response really china comes up w

we see lots of interest in developments taking place in the south china sea. all of that, again, is a direct outpour. we are seeing the dynamic system training in fluctuate, and china increasingly inserting itself. that's all within a post cold context. >> chris, do you have anything to add to that? i think that was a great comment. >> that was really comprehensive. i think we could probably take another question. he did a great job of really capturing. >> no, i thought that was fantastic. you know, kind of takes us to our last question here, which innocence is one of the questions we got from our audience. you know, what implication does the cold war have for today's military, for global affairs. i think it kind of goes along with the idea of, you know, you just mentioned so many nations still with communist governments. did the cold war ever really end, or has it become more, less prominent? did it just shift an ideology? did the cold war just really, kind, and with the end of the social union, and now we are dealing with something similar, you know, in a dif

aggravation of the situation in the region, large-scale wars are being conducted exercises in the south china sea in close proximity to taiwan in another disputed territory, a large-scale power conflict almost arose last night, kosovo was going to ban server documents and license plates from this monday kosovo serbs. literally at the last moment, these plans were decided to be postponed for a month after serbian president aleksandar vujicic warned neighbors against escalating the situation in turn. russia urged washington brussels, which essentially determines kosovo's policy, to stop provocations and respect the rights of the serbs. sergei kalashevsky is following the development of events. this night in belgrade was probably the most turbulent in several years serbian armed forces put on high alert in the sky raised fighter jets and combat helicopters of the serbian air force ready to strike at the northern part of kosovo, peace in this part of the balkans literally hung in the balance, but towards morning it became clear that an armed conflict. at least now it has been avoided. this is a check

warned washington the answer, if anything is tough, and announced the start of exercises in the south china seav in more detail. chinese liberation army wholeheartedly i swear, under the leadership of the communist party, to defend my people and always be ready to fight back the enemy . china has a formal reason to celebrate armed forces day on the eve, well, it is celebrated every year and before, there was no militant rhetoric ; however, earlier, the us house of representatives did not fly from st. petersburg. on this day in the direction of taiwan, this visit is a tangle of paradoxes in the official program of the pilot's asian tour, he is not there, but only everyone has been talking about him in the last two weeks and they even know the exact time of landing of the plane 2220 according to the local already known programs, whose visits seem to be not in the pilot will spend the night in the morning to meet with the head of the taiwanese administration and the trip will fly away, of course, the symbolic united states in this way to express support for its allies in south china the problem is

they've expanded militarily in the south china sea. they've invested in antiship and antiaircraft capabilities to threaten u.s. vessels. they've manipulated and threatened neighbors and matted an all-out assault on democracy and autonomy in hong kong. now beijing wants to dictate taiwan's future to its people and snuff out the island's democracy. and they're building the military capacity to actually bring that about. that, mr. president, that is what's provocative. and to hear these responsible for this aggression complain, complain that speaker pelosi's travel itinerary is provocative provocative -- is utterly be a sush. i -- absurd. i welcome the speaker's display for democracy, but i hope she returns from asia more mindful of the military dimensions of the chinese threat and more committed to working with republicans to address the changing balance of military power out in the region. what that requires is selling the right mix of weapons to taiwan on a prompt timeline while helping taiwan's military prepare for likely threats. the

and so on. china is mobilizing its military in the south china sea and bearing down on taiwan. i don't think we should seek a cold war, but it is a period, a new period of normative battle over democratic values in the world in . and i think democracies of the world have to recognize this and rise to the challenge with figuring out how to deal with the rise of china is the great challenge of the 21st century. does got more authoritarian over the past decade state champion and alternative to western democratic capitalism. that gives dictatorships like china's an incredible vulnerability should a day come when that regime is no longer able to provide economic growth, it will no longer have any reason to stay in power. and the only choice it will have, therefore, if it wants to stay in power, is to use increasing repression and increasing violence against its own citizens. ah ah. so in 2014, i was the leader. we had the massive civil the some beat him, women, call it the umbrella newsman. ah, ah, my people were promised democracy and autonomy by the chinese government. we didn't b

other show of force in the south china sea is something that a lot of people in foreign policy are worriedthis to me is very, very consistent with the speaker pelosi, winona troup for decades. this is she's resolute. she's not afraid to back down and in all honesty, you know, this is a very long game for both china and the united states point of view. and this one visit isn't going to determine the outcome of what those relations are and what they're going to be. there's a lot more of the state more about lot more that a lot more at stake. the speaker's visit that i want. >> yeah, i do want to follow up on what you are saying. there are, you know, you mentioned that you were a former senior adviser to the speaker. you are involved in her policies regarding china. so does it surprise you at all that she would want to make this stop in taiwan? >> i don't think something like this is you know, she's already made it clear that that you're there is speakers probably on on that that on the wane. i don't know when that's going to be could be coming of the 10 years. as far as i know. but, you know

a tropical cyclone has formed in the south china sea.t will chuck copious amounts of rain to china and hong kong. the winds pick up and will extend to the northeast of vietnam, including hanoi on wednesday, with a high of 32 degrees. down under, a system. pale, lower temperatures. it is winding up. the bite taking aim at adelaide wednesday into thursday. new zealand, both islands, chilly air. showers for the north land including auckland. see you soon. ♪ >> the important thing if you were walking around in beirut was not to be in the line of fire. >> we heard gunshots. i was the first to flee the hotel. >> the battle lasted three days and three nights and there were no prisoners. >> it was such a bloody battle. >> and icon conflict at the heart of the civil war. war hotels, on "al jazeera." ♪ jonah: welcome back. a reminder of the top stories. israeli forces killed a senior commander of a brigade, a palestinian armed group resisting israeli occupation. thousands of mourners filled the streets where he was killed. votes counted in kenya's

the south china sea, the danger islands and others, those places if you talk to anybody in vietnam or the philippines, china has a role of expansion and they are desperately wanting to do that and they have been picking on the little people that don't have the kind of military might that the united states of america has. but we need to have a biggest, baddest military on the face of the planet bar none and it takes a long-term investment. >> harris: i see activity to the left of everybody's screen. we're waiting to see the speaker of the house arrive at the hotel where all of these people have gathered. some of them obviously are media from all over the world and taiwan, of course. but many of them are citizens and you can see a mix of families, people mixing in. this is a motorcade. we'll wait to see if we would even get a glimpse of the speaker of the house. look at all the children. everybody running toward it. you talk about a glimmer of hope for people who maybe think the world don't see them as a target by china and then you read that tweet and their counter measures because she

you could easily see accidents happening around the time one stait or south china sea. it has happened before. mark: tensions remain elevated. beijing announced new patrols around taiwan following the arrival of another u.s. congressional delegation. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton, this is bloomberg. >> welcome to bloomberg markets. >> a quick check on the market. if you woke up this morning, there was a lot of red on the screen. slowly but surely, some of that has reverse. looking at s&p 500, we hit 4300 and migrate north up from there. the nasdaq was off more than 1% earlier this morning, declines again well below 19 at 20 now with about 19.5 handle. really interesting area the lack of fear is the relive this rally doesn't seem to continue. the homebuilders, some of the homebuilders, housing data confirmed the housing market was in the contraction. you would not know it up 1.6% on the day. jon: we will talk more about the outlook for housing co

and china, especially with respect to security issues in the south china sea are nothing new. remember, newt gingrich took a trip during the clinton administration to taiwan and that upset them. there are some big differences now, however china is preemminence in the world has grown considerably there's a lot more trade that goes through the south china sea and taiwan now accounts for about 50% of semiconductor production so i think that's important. i think that's in the background and is a longer term driver of potential tail risk. but, you know, sort of in the front view right now, the fed obviously as well as in my view margin compression that's going to take place almost inevitably. and guidance is showing that companies have been guiding lower. >> dan, you don't agree, do you? you're positive on a lot of what you're seeing in technology? >> well, and also i think there's two individuals, nadella and cook that disagree with that statement as well. if you look, last week they could have easily ripped a band-aid off look what you're seeing in terms of cloud and demand story

say, main sea routes, and that's exactly why they are creating those artificial islands in the south china sea. therefore, they are trying to fix sea borders that do not fit any framework of international law , and here they are very similar to the russians who demanded in fact, two-thirds of the sea of ​​azov and the black sea should be taken away. well, i mean until 2014 , when we tried to demarcate and limit our maritime spaces with the russian federation . hmm beaches in china and all this is definitely a show of force but it is very good that nothing worked that actually they saw the determination of the united states, it was not really a provocation you know it seems to me a very important point and again i i will go back to uh , that means afghanistan, and then the attack of the russian federation on ukraine on a large scale, because they understood. for priority, and if in ukraine it is a physical war and the destruction of the traffic police , let's say the united states is helping us, and how is that normal? something else, but also as a countermeasure to the spread of this contagion

the taiwan strait is the main route, connecting the east china sea and the south china sea. therefore, the peace and stability of the strait is critical to the stability of the global high tech product supply chain. brand lation microchips that's taiwanda specialty. the island produces 65 percent of the world. semiconductors and 90 percent of the world's advance ships, a pretty big chunk of the global market for a vital commodity. pretty much everything we, you airplanes, medical equipment, i phones, refrigerators, these ships are everywhere. no coincidence that nancy pelosi took time to sit down with the chairman of t. s. m. c, the world's largest chip maker. while she was on her visit to the island of taiwan monday, another american delegation met with him. here's how it was reported in the us mainstream media. how to expand economic cooperation between taiwan in the us, namely expanding investment in the semiconductor industry and improving supply chain in the semi conductor industry. this is important because washington is finally admitting what this is all about. this i