towards taiwan. but also because china has an oath increasing its military activity in the taiwan strait regularly, sending fighter jets into ty, one's area into an order to intimidate and really send a message to the tie when he's government. so definitely that will more certainly also be part of what she's paying is going to mention well, katrina on the screen right now. will you see the senior members of the government to pull up your, our dressing, the attendees and of course will dip into hearing what the president says when he comes to the podium. but before he does that, let's just talk about you said that was a message here to the international community about what china actually wants to be, what it hopes to be in the future. what about sort of the diplomatic called the people that you're speaking to on the ground? i will say on a daily basis, but certainly there are vibes all the about what china is now and how the international community has to deal with it. with so many issues, whether it

for people who live in taiwan. we would just need to reality that the tension between taiwan and china is just there and it's been going on for decades. so if you ask people on the sheet apps on people on the scene, how if they are worrying about chinese nation, i would say most of them was saying no. however, if you look at the chinese activities are recently last month trying to send 28 aircraft pulled to high one think that the parish is definitely increasing. right.

but that changed for taiwan. what happened is one government's approach beta ah, welcome to the show and all. and today will be talking to the co author of the report. assessing the outbreak responses of new zealand and tie one it was recently hit by the alpha variant. it hit hard despite the government's expertise and dealing with outbreaks of other diseases like size running in and out. every day. 39 year old mister chand delivers 300 orders a week. the recent copied outbreak and taiwan has brought him more orders. but he has to take more risks since nearly 85 percent of taiwan population isn't fascinated. little this. i know i live with my 5 children, my wife and my mother. you asked me if i'm worried about them. of course i am. i had so many children and i worry that i might get them infected, please. john, you. as a father of 5, he has no choice but to go out and make money. so i hope the government can offer food delivery drivers vaccines as soon as.

, and when do they arrive in taiwan? yeah, so, so far the media and also the experts are expecting government officials are expecting the batch of the vaccine to start arriving maybe in early september. and there are also plans a rival of more astrazeneca vaccines from japan and also with border and also more maturing that i've seen that is based on time one on order. so if we adding up to 10000000 with the a couple, little millions that are coming in between july and september, that should also increase the overall definition rate for time one to more than half of the population. by the time of the, the 10000000 batches the ride, and that is certainly going to help improve a lot of time with capability of defending itself against the possible outbreak that is going to happen in the future. and i want to also right now in the process of actually coming down in containing the current outbreak that we're seeing here did every correspondent william young interpret. thank you very much for that update. meanwhile, south korea

of china so long as china doesn't do anything to enforce it, because taiwan is a u.s. invade, but they have been conducting a relentless pressure campaign in order to make taiwan's government more pliable. that includes sending their fighter planes into taiwan's air space all the time and interfering with their attempts to buy covid vaccines from the rest of the world. our government needs to send china a message that we won't let taiwan twist in the wind and the easiest way to do that would be to send them millions more doses of the vaccine in addition to being a true democracy, taiwan also has a vibrant business community, one that is dominated by taiwan semi-conductor which is arguably the most important company in the world right now. one of the major players in the secured 10 million doses of the pfizer vaccine from germany. taiwan semi makes most of the chips used for the internet of things and automobiles they're committed to building a jiggi gig gigantic foundry in arizona. so why not help them out when the white house is figuring out how to allocate vaccines t

the reason copied outbreak and taiwan has brought him more orders. but he has to take more risks since nearly 85 percent of taiwanese population isn't vaccinated. well, this all high. no, i live with my 5 children, my wife and my mother. you asked me if i'm worried about them. of course i am. i had so many children, and i worry that i might get them infected to lose johnny bravo. as a father or 5, he has no choice, but to go out and make money. so i hope the government can offer food delivery drivers, vaccines as soon as possible. but you know, we're in contact with so many people doesn't. it's not hundreds every day by the many are still waiting. the vaccination program for high risk groups started rolling in june. so far, just 15 percent of tie ones, 23500000 people have been vaccinated. there isn't enough vaccines portal, you know, we have enough vaccines. can we do mass explanation? that's the 1st layer protection for all of the people. some things like that containing the virus and the insistence on developing domestic vaccines might have delaye

taiwan calls it the largest air incursion every recorded.hological warfare. >> they want to shape taiwanese's people that taiwan is in danger and cannot do without china. >> reporter: a battle between beijing and taipei, a fight for their hearts and minds. i'm flying to the front lines, across the taiwan strait to the small island more than 200 miles from the taiwanese capital just six miles from mainland china. this is the only place in taiwan that saw actual combat during china's civil war ending in 1949, many buildings bear the scars. the fighting ferocious. nationalist forces fended off communist troops, effectively shielding taiwan's main island, warding off a chinese invasion. >> translator: people often say only those who experienced war can understand its horror. we have the right to say loudly we want peace. >> reporter: long-time tour guide takes me under ground to one of the island's massive military bunkers, once top secret, now abanabandoned. he shows me how china's relentless artillery barrage left the island mountains with old

gerry: a final question on taiwan do you really think the u.s.not. >> to think the american people would be willing to go to war with china over taiwan. >> is a good question but if we remember what happened with imperial japan when the uses same strategy to advance from the first island which taiwan is a centerpiece in the second island to projected power we know what will happen, the c line in the south china sea are some of the most critical in the world and that's why we projectile the way that we do it goes back centuries to protect the economic prosperity and nobody wants war but we get war women get weakness and that's what i'm afraid with joe biden. gerry: another fascinating conversation thank you for joining us coming up simone biles withdraws the tokyo lipid games criticism and praise this week, my thoughts on why both responses are completely unjustified. that is next. >> i thought it was best if you took over into the rest of the job they are medalist now and they should be proud of themselves for how well they did last minute having

and when do they arrive in taiwan? yeah, so, so far the media and also the experts are expecting government officials are expecting this batch of the vaccine to start arriving maybe in early september. and there are also plans a rival of more after back seen from japan and also time went to border and also more mature. and i've seen that is based on our own order. so if we adding up to 10000000 with the a couple, little millions that are coming in between july and september, that should also increase the overall vaccination rate for time one to more than half of the population. by the time of the, the 10000000 batches the ride, and that is certainly going to help improve a lot of time want to keep ability of defending itself against the possible outbreak. that is going to happen in the future. and i want to also right now in the process of actually coming down in containing the current outbreak that we're seeing here. did every corresponding william young in type. thank you very much for that update. meanwhile, south k

will ripley, cnn, taiwan. >> cnn has requested a response from china's taiwan affairs office and ministryll take you live to celebrations across the country next. as we go to break, here's special july 4th reading from out er space. >> i'm megan mccarture aboard the international space station. with my crewmates, we wanted to take a moment to wish everyone a happy independence day. >> as nasa astronauts, we are proud to represent the united states of america in our endeavor to conduct world class research, return to the moon and go beyond to the planets. >> this holiday provides us an opportunity to recognize the great things we can achieve when we work together and recognize the value of all people. we hope you have a happy and safe fourth of july. we'll be watching for the fireworks. ♪that you laughed about♪ ♪well, the names have all changed♪ ♪since you hung around♪ welcome back, america. it sure is good to see you. (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business uses unconventional thinking to help your business realize new possibilities. o

the reason copied outbreak and taiwan has brought him more orders. but he has to take more risks since nearly 85 percent of taiwanese population isn't vaccinated. a little bit, i know i live with my 5 children, my wife and my mother. you asked me if i'm worried about them. of course i am. i had so many children and i worry that i might get them infected. please, john, you're as a father o 5, he has no choice, but to go out and make money. so i hope the government can offer food delivery drivers, vaccines as soon as possible. we're in contact with so many people, dozens, if not hundreds, every day. many are still waiting. the vaccination program for high risk groups started rolling in june so far. just 15 percent of tie ones. 23.5000000 people have been vaccinated. there isn't enough vaccines. portal, you know, we have enough vaccines. can we do mass vaccinations? that's the 1st layer protection for all the people that do some things next that's containing the virus. and the insistence on developing domestic vaccines might have delayed tie, one's vacc

and when do they arrive in taiwan? yeah, so, so far the media and also the experts are expecting government officials are expecting this batch of the vaccine to start arriving maybe in early september. and there are also plans a rival of more astrazeneca vaccines from japan and also kind of order. and also more maturing that is based on time, on order. so if we adding up to 10000000 with the a couple, little millions that are coming in between july and september, that should also increase the overall definition rate for time one to more than half of the population. by the time of the, the 10000000 batches the ride, and that is certainly going to help improve a lot of time want to keep ability of defending itself against the possible outbreak. that is going to happen in the future. and i want to also right now in the process of actually coming down in containing the current outbreak that we're seeing here did ever correspondent william young in piper. thank you very much for that update. meanwhile, south korea is report

other get out of jail free card i also don't think militarily we can dominate china near taiwan the way we use to or have that capability and therefore the scenario that would ensue is very complicated and therefore on the verge of that superpower potentially so i don't want to do anything to run the risk to run that type of scenario but with strategic ambiguity to be reconceptualized if it was a blockade with a cyberattack china has to know there is no going back to business as usual and we will respond is concerned it way and those economic punishments the chart presidency initiated or intensified would be small potatoes compared to the decoupling economically that has to happen if china was to attack with military force. some of that punishment strategy you could unwind if china word relent to end the blockade but we cannot be indifferent even if taiwan caused it. in that sense he is right the notion we might or might not respond militarily i'm not sure if we would respond to every scenario but in a broader powers since we would have to respond i think we surely would china shoul

but that changed for taiwan. what happened at is one government approach beta. ah, welcome to the show line, ben for jewel. and today we'll be talking to the co author of the report assessing the outbreak responses of new zealand and tie one it was recently hit by the alpha variant. it hit hard despite the government's expertise and dealing with outbreaks of other diseases like saws running in and out every day. 39 year old mister chan delivers 300 orders a week. the reason copied outbreak and tie one has brought him more orders, but he has to take more risks since nearly 85 percent of taiwan population isn't vaccinated. i know i live with my 5 children, my wife and my mother. you asked me if i'm worried about them. of course i am. i had so many children and i worry that i might get them infected to leave johnny bravo. as a father of 5, he has no choice, but to go out and make money. that you want, so i hope the government can offer food delivery drivers, vaccines as soon as possible. but you know, we're in contact with so many people doesn't. it's not hundreds

we have pretty much a semiconductor smackdown today led by that stock right there and that is taiwan semi. down 5.5%. and now that fallout from tsm did spread to the rest of the chip space the semi etf falling more than 3% today even as apple, a big consumer of chips rose to an all-time high the smh is 15% taiwan semi. dan, as that stock goes the smh is going to move what else do you make with some of these moves. >> i think it is about the setup. i know tim has noted on many occasions the under-performance of semis over the last few months relative to the nasdaq and you just mentioned taiwan semi, it is the big kahuna the sales out look was good. we know there are supply constraints right now. i think investors were concerned about margins but the most important takeaway to me and just so you know, this is my final trade a few days ago, on the the show here, i like the break out of the down trend that has been in and now back in the down trend i still like it here i think the fact that they said, yes, some of the shortages will continue into 2022 but some of the auto shortages are l

what went wrong in taiwan? in your opinion? it's been very hard watching time long struggled to contain this very large opera like someone has done so well. photon independent, haven't had to count instruction as the public responses connections in the south break. it's been interesting to see how different ones response has been compared to museums in museums. when we have off breaks, we react very quick and they decisively to extinguish them straight away. and sometimes that means going straight into the short, sharp locked down town, on the other hand, has avoided using locked on a panoramic response. and that may have kept the break going a little longer than if needed. and a matter of what i find striking when we look at the numbers is that outbreak you mention in taiwan, in comparison to new zealand numbers, the spike is really sudden and tie one manages to bring those numbers back down, but not to the level of new zealand being enjoying the whole way through this pandemic, they've managed to keep the numbers down so low.

now they want taiwan too and president xi called for complete reunionification and it seems like ourt trump was ham-handed in his policy towards china but he told xi that taiwan is off limits. don't even think about it. i don't hear the talknow to be fair, the moment biden was sworn in he sent a carrier group to the south china sea but the white house isn't articulating a clear policy japan has been more forceful about using the military and the constitution does not allow them to deploy troops overseas. china does have the ability to put the political squeeze on taiwan if they think biden won't respond in kind. the chinese are bankrolling opposition parties in taiwan because the government is too pro independence for their taste. what can the biden administration do right now, today? i want them to come out strongly, biden and xi explaining the flyers stop, attempts to choke taiwan's economy won't be tolerated any longer it is america defending a trusted ally is that a real policy? it is a darn start it is time for the white house to take the china threat seriously. we need to stand

when we talk about colombia, when we talk about taiwan, who are we talking about taiwan, is a country recognized by a few others in the world, but of course is always head the support of the us and us satellite states. so neo colonies as haiti as long function. so very telling that these mercenaries 26 out of 28, are colombian to our american, and then they go to seek refuge in the taiwanese embassy. so i think we have to highlight here is colombia now becoming not just an internal oppressor of the everyday colombian. people battling neo colonialism there. and 9 u. s. military bases on colombian soil. but it's columbia, now the largest exporter of violence in latin america. let's not forget rory last year. they tried to assassinate the democratically elected president of venezuela as well. so you don't think, for example, that it would be the leadership in columbia, the could be behind this assassination plot. you're saying the columbia is a good place if you need to, most in areas, go to columbia, pick him up and they can go and do a job for you. oh no, i think the links definitely a

gerry: finally we've been very focused on china's language with regard to taiwan and the u.s.erring the possibility of the chinese from taiwan. >> our intent is to develop a sufficient force of the appropriate allies in the credible belief among the chinese that will use the force, that would add up to deterrent effect, i do think we have the right forces and i think it is down to a razors edge and will be a significant advantage, when you pick about a conflict with china in the east china sea with japan were in very good shape because of the japanese allies, i think it a conflict with taiwan were gonna need to invest in taiwan's ability to be a porcupine it's very hard for the chinese to digest, we still need to do work and develop a taiwanese capability so there is enough time for the states air force to arrive. gerry: we are out of time but my great thanks to admiral mark montgomery, it's fascinating, i will be back next week with more in-depth interviews on the wall ournal on large in the meantime, thank you for joining us. ♪ ♪ ♪. jack: welcome to "barron's roundtable" whe

and where she called for the countries were unification with self war taiwan. he also warned that anyone attempting to bully china would quote, get their heads bashed observers. the comment says veiled threats to western countries that have criticized china for its human rights abuses and cracks down in hong kong. she's our long speech followed a military fly over canada police and patriotic songs in honor of the ruling communist party. now it has been a turbulent century for china under the party. the party started with a secret meeting of 53 people in shanghai in a house in 1921. it has since been transformed into a colossal instrument of political control with some 92000000 members across the country. after decades during which the people's republic of china was essentially close to the rest of the world under founding liter, mouse, a dog. the once impoverished nation has been transformed into the world's 2nd biggest economy, the party and its current leader. she's been paying a fair to be riding high from opening the world's 2nd largest hydro power plant to

people who live in taiwan, we would just step to need to step the reality that the tension between taiwan and china is just there and it's been going on for decades. so if you ask people on the sheet as one of the people on the sheet, how if they are worrying about chinese of nation, i would say most of them was saying no. however, if you look at the chinese activities are recently last month, china just send 28 aircraft closed to high one thing that the parish is definitely increasing, right. thank you so much for that. that when you lay in time. thank you. we're trying to has have a turbulent century under the communist deposit which started in 1921. the secret meeting of 53 people in shanghai. since then, it has been transformed into an instrument of national political control with 92000000 members the decades and the founding lead amounts. they don't, the people's republic was essentially close to the rest of the world. today, the ones impoverish nation is the world's 2nd biggest economy. but that transformation has come at a cost. to day tourists bowed supply this lake, but 100 years

might be the most semiconductor manufacturing company in the world which is situated in taiwan that'sx, seven, ten years down the road even if you're willing to contemplate that nightmare scenario but semiconductor chips are the new oil to some extent. >> private markets, capital raising and that sort of issue, if intel can basically still raise debt to fund whatever it needs to do to shore up its processes and hit its goals for u.s. domestic manufacturing and so forth, is that the most efficient way for it to do so? is anything standing in the way of it achieving those goals? >> you have to make sure that the economics of the investment work and that's what we're talking about. you can debate how much government help is needed to make that happen but you're really talking about two different issues you're talking about a short-term supply term issue, a short-term shortage of semiconductors which is kind of a global problem and that's a snap-back from the pandemic problem. you need to bring the supply chain back home. those are both at work right now. the short-term shortage of semico

china is planting reunification with taiwan.in hong kong, they are threatening any nation that will oppose them in any way. what is joe going to do with taiwan, going to stop iran, russia, and china from providing the iranians arms? these are not insignificant issues because of they see biden the way 57% of americans see him and 58% of independents and a third of democrats see him, that i'm guessing they are emboldened at this point. >> they see weakness, they see president biden say he was going to send our warships into the black c. watched him take the stand with him to hold him accountable. what did they come away after he threatened? they hacked more and what has biden done? we watched china take on hong kong when they said they would not. we watched 3 million people in hong kong carry american flags because they understood that america is more than a country. america is an idea. they understand what that stood for. the freedom of speech. watched it more than 32 years ago, 1 million college students in china because they un

, taiwan five china, who had never recognised taiwan as a independent country.ful. one last thought. a brief thought, justin. all this involvement around the world has potential president xijinping has recognised the dangers and it might be possible to get him to harness that to reduce some of the damaging projects that are happening. they talk about building more - because they have invested really heavily in renewable energy. in fact, it is thanks - a china that solar and wind and batteries are so much cheaper than they were to put that - i into context, a tenth of the price | is what it costs by solar power now than it did a decade ago - that is largely thanks to china and that is revolutionary in terms of the world ability— to tackle climate change. thank you all very much forjoining us. that's it for dateline london for this week we're back next week at the same time. goodbye. hello. there will be a few of you that there through this weekend largely dry, but overall, there is going to be plenty of showers around right across the country. some of those likel

one hand she sold china's conflict with taiwan. it's suppression of democracy movement in hong kong and human rights abuses against the weaker minority have drawn widespread international criticism. what i mean me despite mounting pressure, the poppy vows to stand firm to fulfill what is called the chinese dream of national rejuvenation. and it's a dream. in fact the president, she has himself articulated in the past. the board of it is a sense of self confidence and pride in being chinese and trusting the communist party with leading the nation. the same party that began life 100 years ago in secret, in a shank i house. today the party is self assured enough to demonstrate to foreign journalists how members are schooled in its political ideas. oh, it is back to class for these middle aged students, communist party officials from all over china, has been sent to this academy in shanghai for training. today's session is an overview of china's relations with other countries. focus on foreigners who have supported china's communist. t

the chinese state media, they are now publicly boasting a three-part plan to invade taiwan, and in case you don't know it's america's top ally in the region. in a long belligerent speech, china the chinese hostile dictator said he's committed to the hostile takeover of taiwan and also vowing that any country that stands in china's way will "have their heads bashed body against the great wall of steel forged by over 1.4 billion chinese people. the media is ignoring this and they have teamed up with russia and they are now supplying dangerous weapons that they are using in proxy wars all over the middle east. now they are voicing great concerns over iran's nuclear program as a country will now soon again begin to produce enriched uranium and a massive violation of obama's previous and precious nuclear deal. billions of dollars, cargo planes, cash end of the currency. no word on how biden plans to respond to any of theseus situations, just like it appears there is a plan of action against the kremlin. what's a joke do? up to 1500 businesses were targeted this time. the republican national

security is at risk we have a lot of our semiconductor chips made at taiwan semi.ow, xi's most recent rhetoric and military moves are really worrying taiwan and really worrying the u.s. national security complex. the question is when does china move on taiwan, and the biggest question is what do we do about it >> since we are a business network, i guess we'll get back to that. all these things are frightening, but what -- do you see anything that could cause an inflection point in how u.s. business approaches china? what would have to happen before you'd really see american businesses make difficult decisions? and do you expect that to happen, or is china smart enough we're important to them, too, so i'm not sure that in the back of their mind they don't realize they need to tread somewhat lightly on some of these issues. >> yeah, look, when i think about the moves on the global chess board, you know, today china is almost completely reliant on their access to u.s. dollars. you know, their own currency only settles 1.8% of global cross border transactions, and when

so stay tuned for a japan burst issue over taiwan. that's where it could take off the united states is trying to build this quad of nations to counter trying to our australia, india, united states, japan. and that's just this quad together is just the balance against china. that's how strong china is become. so they can actually back it up at this point. interesting here, united states, you've got a very high profile, billionaires, charlie monger over there at berkshire hathaway works at warren buffett and eva, and mosque. of course, a very famous guy who makes cars both coming out with comments that were a lot in china over charlie monger saying, you know, why can't america be more like china? you know, they seem to be, i guess you could say cow towering to china. i and the reaction here, we also see nike, the foot, where company really make overtures to china in a way that a lot of people in america found to be unseemly. we also have christ spent and on the show who writes about how when hollywood films are shipped to china and the

can humans keep up with the pace of technology in taiwan, the german entrepreneur free just debt. not tech savvy started founders amongst who explains what, but his teachings have to say about modern technology. the me a lot of good movie and tony made the taiwan that has been on, on, on some of the few goals, development level in there. so we see them in yellow, right? with the white, dark green. okay. this was going to be blue. also try to can get trucks, you feel the trucks. so this truck is this good news through? i think the guy, the truck. yeah. yeah. so this is the process where you were doing. we've the singapore government. so this is coming from their cameras. what they want to do is they want to know the type of vehicles they're crossing and the different types. and they want to know how many people are crossing the crowd. we've artificial intelligence, right? so but we, we build products that help to solve problems where people are not really paying attention to videos, right. and this is for security and safety. so what we do is we use computers to flack, important ev

the shift special taiwan consumers keep up with the pace of technology. in taiwan, the german entrepreneur fee just deck meets tech savvy, starter founders and the monk who explains what his teachings have to say. about modern technology. the me a lot of positive toner as it made him. and that was on a few of us of them yellow with the bike box. green. ok on this pause. it's going to be blue. also a try so can get trucks the trucks. so this truck is this good news? i think the guy, the truck. yeah. so this is the process where you were join, we've the singapore government. so there's a coming from their cameras. what they want to do is they want to know a couple of vehicles that cross in the different types. and they want to know how many people across the crowd. we be artificial intelligence, right? so, but when we build products that help to solve problems where people and re paying attention to videos, right, so this is for security safety. so what we do is we use computers to flack, important events for the users and my fingers and everything. great.

china has held military exercises outside of taiwan after an aircraft landed in taiwan.e paper said the drills and the waters should be seen as a warning and determined to the u.s. and taiwan. it reported more complex military exercises will likely be staged in the future. angela merkel toward flood ravaged parts of western terminate as cleanup efforts continued, she called the situation frightening. the death toll is up to 180 as rescue efforts continue. her visit came a day after her heir apparent with some laughing while terminate's -- germany's president made remarks. in timeline, -- in thailand, police fired water cannons at activists marching to protest the government's handling of the coronavirus upgrade. the protest came despite restrictions on public gatherings of more than five people. cases have exceeded 400,000 and daily fatalities are breaking records. mexico says it wants to restart diplomatic and commercial ties with north korea. the country's foreign minister made the statement at the un security council meeting. mexico cut ties under the previous adminis

action defending taiwan.ng on reunification with taiwan and ask yourself, what weight to any of biden's words carry when they see his struggles, when they see his lack of mental acuity, alertness, awareness, and when they see his s lack of a clear foreign policy vision. here know what the reaction, louisiana senator john kennedy. all right, so you've got cyberattacks from russia, iranians enriching again. you've got russia and china providing the iranians arms and china is now saying yeah, we're going for reunification just like they shut down hong kong, it's about to get worse and if you mess with us we have 1.5 billion people and we will take out your military sites. what's joe going to do, senator? >> i don't understand president biden's foreign policy. he keeps talking about rule-based order.. i don't know what that means. nobody is opposed to rules-based order. that would be like opposing golden retrievers, but don't know what it means. the question he needs to be asking is what does american want from i

chinese is talking about reunionification of taiwan. are the bidens compromised? after the break the blm chapter black lives matter declaring the american flag is a symbol of hate. we have larry and leo. were the videotape of masturbation for first graders and 6 years old. we have an update on that uplifting story. straight ahead. >> sean: it looks like blm, black lives matter, is just the latest far left radical group to wage a war on the american flag. they have a utah chapter that spent the 4th of july trashing the u.s. flag and even declaring it a symbol of hatred. look at this facebook post from sunday which reas: it's a symbol of hatred. let's compare that to the tampa bay lightning won the stanley cup. congratulations to them. the islanders fans started this. i hope this becomes the norm. fans taking over the singing of our national anthem like they did the for the islanders semi-final and last night. congratulations to the lightning. watch. >> ♪ the rocket's red glare ♪ ♪ the bombs bursting in air ♪ ♪ gave proof ♪ ♪ through the night ♪ ♪ that our flag ♪ ♪

to develop their capabilities to seize taiwan by 2027. do you feel a sense of urgency that the u.s. and allies in the region, such as japan, should develop an operational plans and conduct joint military exercises for contingencies in the taiwan strait? thank you. >> so on the importance of freedom of navigation of the seas and the skies, this is -- this is really important, not only to the united states of america but to all of our allies and partners in the region and around the world. and so, what we have done and what we will continue to do is to work with our allies and partners to make sure that we can navigate, you know, the skies and the seas to the degree that we should have the right to, in accordance with international law. and so our emphasis will remain on that. and our emphasis will also remain on making sure that we keep those alliances strong and that our allies and partners know that they can count on us going forward. and that's the message that i'll take to the theater. >> and i think to answer your question on taiwan,

taiwan, fresh records. close to 18,000 for taipei here.y these tech stocks by the likes of tsmc. semiconductors catching a huge bid and kospi with the same kind of effect. futures are still flat. we still have inflation numbers coming up in the u.s. later this week. india seems to be in the green as well. rishaad: exactly one hour away peter j.p. morgan chase will be taking center stage as it kicks off the latest pareto financial earnings for american banks. jp morgan and rivals have been earning the pandemic related surge in trading revenue is slowing down. yvonne: let's get to su keenan joining us with more. we have seen the warnings from the banks and we saw the stocks react to that as well. su: they have been retreating over the past week. we saw j.p. morgan chase up 2% on the day, along with the rest of the banking sector which rose with stocks to the record. take a look at j.p. morgan chase year to date. it is up 24% year to date. that actually trails many of its rivals in terms of performance. it was down from its peak in june. that

what is the most concerning regarding taiwan? china can go get taiwan.money and the power they will have from this new pipeline to take the rest of ukraine? they took crimea. what is your take on all of this? >> i think the national security threat with the shortest fuse is out of afghanistan where the taliban was fighting an insurgency and now allowing al-qaeda to stay on their territory. we could have stay there had with troops. the director of cia testified to the fact that the united states will lack the ability to detect threats going forward. that's of great concern to me. the threat is from china. china sees us backing out of afghanistan and sees an opportunity there to increase their leverage. there is no question they have their sights set on taiwan. earlier this month at the anniversary of the chinese communist party ping said china will re-unify their nation. we need to collect intelligence on warnings of chinese threats to taiwan. more than that we need to deter them. we have not done that. >> that's a great point. both of you understand and