u. s. and the u. k. a 2nd chinese property developer has defaulted on a payment, has concern grows about the debt laid and sector. fantasia holdings was due to pay $205000000.00 to it's a bondholders on monday. investors are already worried that chinese real estate giant ever grant might collapse. rob mcbride reports from hong kong in recent weeks, as a grand has been selling off assets to meet its debts, but it's still been missing. we payment deadlines. now analysts are predicting it may have to sell off part of its property management unit to a hong kong based real estate company to raise billions of dollars more as ever. grands problems have snowballed, it shares have lost more than 80 percent in value this year. it has well over a 1000 property developments across china, putting many homeowners at risk of losing their investments. founded in the mid ninety's ever grant has grown quickly into a conglomerate, not only involved in real estate, but with interests in sectors from personal finance, to food

u. k. the u. s. germany and china. all arrivals will still need to show and negative cova 19 test. prime minister prior root pry, you'd rather shaneka says he'll consider lifting the nighttime curfew and ban of alcohol sales in the capitol by the new year. experts at india's drug regulator are recommending the emergency use of co vaccine on children above the age of 2. that's a locally made covey, 19 vaccine. the drug makers, a clinical trials have shown it's safe and effective to use on that age group tests were conducted from may and to last month, and more than $500.00 children before this week's review by the regulators panel. it's the 1st vaccine in india to be recommended for the use in kids under 12 years old. and utility companies in india being urged to import coal because of a shortage of fuel producers will now have to bring in up to 10 percent of vehicle despite having the world's 4th largest reserves. india's supply can no longer keep up with demand due to pandemic, related issues for power and electricity

u. s. u k. and the european union meeting here in cotton with representatives of afghanistan's k, take a government. the afghan acting foreign minister says his administration is entering a new phase in his country's relationship with the rest of the world. a taliban is on a diplomatic push for international support and recognition. let's bring in stephanie deckles, i for a st. cobble. stephanie, it's a dilemma, isn't it? for the international community, on the one hand, they want to prevent a humanitarian crisis in afghanistan. and on the other hand, they want to keep pressure on the town about well, yes, it really is there any leverage they have at the moment they will pulled out of this country in terms of the coalition forces. the taliban is now in control of the one leverage the international community has, is this recognition, recognizing the child on as the official government here in afghanistan. so this is what they're using to put pressure on them to. as you mentioned earlier, form an all

u. s. u. k and australia for the india pacific region . and i imagine that will also be on the agenda with member state prep, wanting to say they want that keen to maintain peace and stability in the region, but they may be concerned about security build up in the region. all right to florence, very live for quality and performance. thank. now a diplomatic rabbit. in turkey on the west appears to be the escalating turkeys president had threatened to expel ambassadors from 10 western countries. they were demanding the release of a jailed activists accused of being part of a coup attempt in 2016, russia, ty, berto on had called their demand on attack on turkeys sovereignty. on monday the embassies issued statements saying will abide by you and convention, which calls on debit not to respect the laws of the house state. because im near to miss osler could is to go to my aim is not to start a crisis. it's only to preserve and protect the rights and interests of our country . today, the ambassadors took a step back and refer to the vienna conven

u . s. u. k. and european union gather here in kata with representatives of afghanistan's caretaker government. the afghan acting foreign minister says his administration is entering a new phase in his country's relationship with the rest of the world. attorney bonnie's on a diplomatic push for international support and recognition. stephanie deca has more from couple the one leverage the internet community has, is this recognition recognizing the taliban as the official government here in afghanistan. so this is what they're using to put pressure on them to form an all inclusive government at the moment. the interim government is made up only of talbot members. there are a few minorities, but certainly there are no women. women also women's rights. a major issue talking about allowing particularly girls to the ages of 12 and 18 to return to school and university. that hasn't happened yet, the taliban says they are looking into it. they will do it. but it takes time to sort out the logistics in terms

u. s. u. k and australia definitely undermines regional stability because in my opinion, being friendly with each other is good, but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it, or to stabilizing the situation. the situation should be call so that all authorities can work with certainty. yes, the constitution does allow me to do it to run for another term, but no decisions have been made on that yet. united states is hosting a virtual summit with 30 countries to discuss efforts to countless cyber attacks. but washington, who's conspicuously missed out a few big names from the gas list, namely russia and china. white house has emphasized though that it doesn't preclude future cooperation. we did not invite the russians to participate for a host of reasons, including the risk constraints. however, we have inactive discussions with the russians, but then this particular forum they

u. s. u. k. and australia seemingly without any consultation from our european allies. certainly not with the french, the french re offset by that. and earlier today, the french president had a meeting with your secretary of state antonio lincoln, in paris. the 2 are saying that they will work together to corporate in the future on, in certain areas. certainly the us trying to rebuild trust with the french president . the u. k. has sent its 1st delegation to meet with the taliban in cobbles since the groups takeover of afghanistan. simon gas that you case special representative for of galveston held the talks with the taliban deputy prime minister mor labrador . a yuki government spokesman says the envoy, discuss how brittan could help afghanistan addressed the humanitarian crisis, and raised the treatment of minorities and women. stephanie decker has more from cobble on what this meeting means. it's certainly in line with what we've been hearing from, particularly the british foreign secretary dominic robin. he was in carter in doha, just a couple of weeks ago saying th

u. s. u. k. and australia definitely undermines regional stability because in my opinion, being friendly with each other is good. but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions. that's my usual response. there's enough time until the next election talks about it or to stabilizing the situation. the situation should be calm, stable, so that all authorities, all government structures can work with certainty, look into the future with peace. yes, the constitution does allow me to do it, to run for another term, but no decisions have been made on that yet. the u. s. is hosting a virtual summit with 30 countries to discuss efforts to counter cyber attacks. but washington has conspicuously miss thought. a few big names from the guest list. you me, russia, china. although the white house emphasizes it doesn't preclude future cooperation. we did not invite the russians to participate for a host of rea

u. s. comments suggest with france among others, opposing a statement about for some of the goals. paris is still bristling over the new august pact which is between the u. s. u. k. and australia, which saw camber, a scrap, a $40000000000.00 submarine deal with france, called august a stab in the back raising fears about the future of the western alliance. political go expert in china told us that europe simply can't trust washington. you're looking really at being cheated by the us many times. if you're looking countries like you for lady, then the you come in stock is that you cannot love your end of the yellow estate also different degrees. i believe that you look half being the american lives in the us, owing to maintain independence, political, economic, and even military actually be companies in europe can not fully call pretty to china. the world largest condenser, much, or if you can have a lot if they don't fail to china, those companies. if you look at the trade data, if you will know that using the pen, that peers trying to train, we are you looking countries who in rapidly and they have increased by 20 percent and even the 30 percent. so yield nice china

u. s. u. k. and australia definitely undermine regional stability because in my opinion, but being friendly with each other is good. if i want to be friends against someone that's luanne, it undermines the stability. we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it or to stabilizing the situation. the situation should be call so that all authorities can work with certain in the yes, the constitution does allow me to do it to run for another term. but no decisions have been made on that yet. oh, earlier hungary of foreign minister, a top guest at the russian energy week for him talk to us on the program, discussing what he views as a european political, a gender against natural gas. and explaining why his country signed a long term agreement for the commodity with russian supply. a gas problem. i see some mistakes which have been committed on the european side, you know, we, we never like confusing energy reared to political issues. and unfortunately, t

u. s. u. k. and australia definitely undermines regional stability because in my opinion, being friendly with each other is good. but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it or to stabilizing the situation. the situation should be called so that all authorities can work with certainty. yes, the constitution does allow me to do it to run for another term, but no decisions have been made on that yet. the u. s. is hosting eventual summit acetic countries to discuss efforts to count as cyber tax. but washington has missed out if he big names from the guest list, namely russia and china. the one has, has and emphasized that, that it doesn't. but i, i've cleared huge hicho operation. rather, we did not invite the russians to participate for a host of reasons including various constrains. however, we have an active discussions with the russians. then this particular forum, they wil

u. s. u. k. and australia for security in the india pacific region and member states have already expressed consent. some member states have expressed concerns about a possible security build up in the region. so i think that's going to be on the agenda as well. so it's many thanks. so florence reed, i live in quite a long time. well, debbie, debbie start hot is the founder and coordinator of the alternative se i'm network on. but she says that i see an attitude, the shocks, the military joint in the law, but more needs to be done to avoid a regional humanitarian crisis. the main concern, bossier, is that we are seeing the imminent of the, the, an imminent offensive intensive, authentic being launched in a not which could cause massive regional instability because of refugees. we, the un experts have already want that to build up is reminiscent of what happened in a kind of state in 2017, when a 1000000 ro hang go wake spell to bangladesh. it's getting to the point where i see on has no choice as the

u. s. u. k. and australia definitely undermines regional stability because in my opinion, being friendly with each other is good, but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it, or to stabilizing the situation. the situation should be call so that all authorities can work with certainty. yes, the constitution does allow me to do it to run for another term, but no decisions have been made on that yet. the u. s. is hosting eventual summit with sadie countries to discuss efforts to count as cyber tanks, but washington has missed out of here. big names from the gasoline, namely russia and china. the white house has emphasized that that a doesn't preclude future cooperation. we did not invite the russians to participate for a host of reasons, including various constraints. however, we have inactive discussions with the russians. then this particular forum, they will not invited to participate, but that doesn't preclude future opportunities for them to participate as we do further sessions like these. this is supposed to be a huge deal with over 30 countries participating in this international cybersecurity meeting. and what's surprising though, is that they expect to accomplish anything without inviting china and russia. these are 2 of the most advanced countries in the world when it comes to cyber technology . and it's also disappointing that just last month, the russian ambassador to the u

u. s. u. k. and australia seemingly without any consultation from a european allies, certainly not with the french. the french, very upset by that. i know earlier today the french president had a meeting with you as secretary of state, anthony lincoln. in paris. the 2 are saying that they work together to cooperate in the future on, in certain areas. certainly the u. s. trying to rebuild trust with the french president the u. k. has sent its 1st delegation to me with the taliban in kabul since to groups takeover of afghanistan, salmon gas. the u. k is a special representative for afghanistan held talks with the taliban deputy prime minister in labrador. a u. p. government spokesman says the envoy discussed how brittan could help us canister address the humanitarian crisis and raise the treatment of minorities and women. stephanie decker has more from kabul on what this meeting means. and certainly in line with what we've been hearing from, particularly the british foreign secretary dominic robin. he

u. s. u. k. and australia definitely undermines regional stability because in my opinion, being friendly with each other is good, but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it, or to stabilizing the situation. the situation should be call so that all authorities can work with certainty. yes, the constitution does allow me to do it to run for another term, but no decisions have been made on that yet. the 3rd generation women's forum kicked off in st. petersburg early this week. it's the 1st time the events been held and that she is focus is on the role of women in building a stable and secure future. and one of the highlights, the events sofa was a greeting from the stars. actress julia penicillin addressed to participants on thursday from a bowl the international space station where she is currently shooting the wolves. first fill in only the form which ends on friday features

u. s. comments suggest with friends among others, opposing a statement about the some of the goals. paris is still bristling over the new august tact between the u. s. u. k. and australia, which saw cambra scrap a $40000000000.00 submarine deal with france. this calls, it all gets a stab in the back raising fears about the future of the western alliance. and political expert in china told us that europe simply cannot trust washington. you're looking really being cheated by the us many times. if you're looking countries on like for laid off and then the us government duncan, the us cannot last week, we will enter the yellow state are also different degrees. i believe that you will have being the american lives in the us open to maintain independent political, economic, and even military. actually, big companies in europe can not fully call freedom and china the world largest condenser, much or if we can talk a lot for that. if they don't fail to try and those companies, if you look at the trade data, if you will know that using the pen that you're trying to train when you're looking countries moving rapidly and they have increased by 20 percent and even the 30

u. s. u k and australia, which will give a straight access to nuclear public power submarines. so we heard at the meeting a strategy in prime minister reassure ozzie and leaders that this security deal will not be a threat to security in the region. sorry, interesting. currently there with all the nations from that meeting for us from calling on for. thank you. or the lives of thousands of pregnant women in afghanistan are increasingly at risk. the world health organizations as the country, as health system is on the brink of collapse, infant mortality rates had actually been dropping for decades. but now, an economic crisis is putting both mothers and their babies at further risk. charlotte balance reports from couple voice mail. you seem google is 20 years old and this is her 1st baby. she's just 3 hours old. will be named by the family when she goes home, likely later tonight. in this maternity ward and wisdom cobble, there are 4 new mothers, all younger than 25. to midwives and a doctor deliver an average of 15 babies here each day. last year they delivered 5 times that with

u. s. u. k. and australia. for the indo pacific region, and i think member states are going to want to discuss this. some member states have expressed concerns about this. they're probably going to want to say that this region, they want to preserve peace and stability in this region, and probably even express concern about security build up in the region. right to florence, larry life in the, in the malaysian capital, calling on performance. thank you. does not so to come here now does air including the u and warns the world is way off track a cap? rising temperatures and global emissions reach record highs and nigeria launches africa's 1st digital currency joining a running list of nations to adopt virtual muddy ordinances. ah hell i once again welcome to the la cat international forecast. we got some very unsettle weather, making its way across north america. the moment banks of cloud around the east, some heavy rain that just around the at the lakes, and we have got, oh, rain, sleet, and snow parting in acr

u. s. u. k. and australia seemingly without any consultation from our european allies. certainly not with the french, the french, very upset by that. i know earlier today the french president had a meeting with the u. s. secretary of state antony lincoln. in paris. the 2 are saying that they will work together to corporate in the future on, in certain areas. certainly the u. s. trying to rebuild trust with the french president. and we've also heard from the president of the you council natasha, what he had to say. shar michelle or the you apologies. we have lost our connection to natasha buckner in slovenia. they're talking to us about that western balkan summit. we will be covering that summit for you on out here at over the next few days till head on the news hour. as worries deepen about the chinese real estate giants at a grand $300000000.00 debt, a 2nd chinese home builder has had financial trouble. plus, we look at how iraq's politicians are taking on the challenge of convincing people to vote and made calls on social media for an election boycott. and has spanish

u. s. u and u. k. are destroying people's lives, but her sanctions to blame for zimbabwe economic troubles. this is inside store. ah hello and welcome to the program. i'm homage and room sanctions were placed on individuals and entities as in bob way in 2003 the u. s. e u and u. k. imposed those sanctions, accusing politicians and entities of human rights abuses and repressing democracy. but in bob way says, the sanctions have led to widespread misery. the un special wrapper tour on unilateral coercive measures agrees, said bob ways government invited alena do hon to visit for 10 days. after speaking with ministers, civil society organizations and businesses to hon called for the sanctions to end. she says they've had an insidious ripple effect on the economy and worse and people's access to health, food education and employment. here's what's in. bob weighs justice minister, had to say at the start of do hands visit when the sanctions removed because they affected every facet for life. so in, in that,

u. s. u. k and australia definitely undermines regional stability because in my opinion, being friendly with each other is good, but to be friends against someone that's bad, it undermines the stability we all talk and care about. yeah. like you, i prefer not to answer such questions, talks about it, or to stabilizing the situation. the situation should be call so that all authorities can work with certainty. yes, the constitution does allow me to do it to run for another term, but no decisions have been made on that yet. the top catholic bishop in france has been reprimanded by the interior minister for saying priests are not required to report child sex abuse if it's revealed during confession. his remarks followed revelations that since the 1950s, more than 300000 children, have been sexually abused by french catholic clergy and other individuals associated with the judge. and we spoke with a founder of a victims association who he himself suffered abuse. the level hill falls when we came to fran

u. s. and french presidents of hell that fast in person meeting, since i country's most serious diplomatic dispute in years, australia counseled a deal with france in favor for one with the u. s. and the u. k. j bond and acknowledge the handling of that security packed was clumsy. we have a war world. i live in france with region par can we did with a lot of grace. i was under the impression, certain things that happened that had former, included with us food and drug administration, has authorized the 5 a by and had coven 19 vaccine for children, as young as 5 trials for the age group began in july, the lebanese ambassadors to saudi arabian bahrain have been given 48 hours to leave those countries. it's in response to accusations of saudi aggression and the yemen will. the u. k. is threatening, threatening, greater checks on all e vessels fishing in its waters. if france goes ahead with the series of proposed sanctions, the escalating dispute is linked to a post brags that fishing agreement. paris is threatening sanctions if the u. k. doesn't grant more licenses to french fishermen. at least 5 people have been killed and a shooting at a nightclub in panama. 6 people were wounded in the at

u. s. and u. k. and before we're meeting between the you leaders on tuesday, president mark on question the reliability of america's protection of europe. we spoke to a professor at the paris school of business. he says that francis relationship with china is at risk. the current china french relation is close to a historic height is through many years of trust and convenience says between the 2 country. once damage, it will take a very long time to repair the relationship. so if france moves one step further to touch the bottom line of the one china principle. by further giving taiwan more form of recognition, he will be a point of no return. there are different invest to introduce scripts. that micron is to please. so far he has a fair chance to get elected. if this is a big thing, taiwan issue, backfires, china, in for a huge pain to funds, a macro will be at a big risk for reelection. if child friends touches the one china principal, it definitely anger china and china will not hesitate to suffer

months after he suspended parliament and socks, the prime minister, tenacious president k side, opposed a new government. also this hour, a warning from the u. s. and the u. k. to a citizens in afghanistan, telling them to stay away from hotels in cobble. oh, and celebrations in australia's largest city after a long cove 19 lockdown is lifted. i'm joanna roscoe, with your sports france put the disappointment of hearing 2020 behind them by winning the way foot nations leaves. that's all coming up later. this is hours for you, sir, so ah, thank you very much for joining as we begin this news hour in iraq where we're expecting results from sundays parliamentary vote to be announced shortly. the election commission says turn out was about 41 percent. that's the lowest in the 5 election as in sam, hussein was deposed in 2003 voter apathy. and a boycott campaign appear to have contributed to the record, low turnout. life to our is mahmud abdullah, hot in baghdad for a. so were expecting an announcement mammo from the electoral commission to we know exactly what they'll be announcing and when we're fully that could, that could be a speaking about the results, i

u. s. u. k armed violence and palestine, we speak to the palestinian ambassador to the u. k. about a new ultimatum for israel, all the smoke and we haven't bought 2 of going undergrad with with welcome to max kaiser, financial survival guide. looking forward to your event, we go yeah, this is what happens dimensions and brittany does this happen? you watch kaiser report. ah, if you are expressing be of random, it could be in the image with a c. i'm sorry, this is a wrong expectation. you will have to see a peculiarity. you can't impose the democratic system of a plant. you all political order with welcome back at the same ok. labor party conference were anti jeremy corbin, leader. secure stammer declared his party to be the party of nato. a motion was passed, calling for israel to meet it because of the ongoing knock by palestine. the motion that passed without much publicity called for an ethical trade policy and an n d u k. arm sales to israel. progress after another week of violence in palestine . and with the palestinian ambassador britain who sons omelet ambassador, than

u. s. u k. germany and france say to crohn's actions, complicate the possibility of a return to the iran nuclear deal. u. s. has also imposed new sanctions on to iranian companies. he claims purchased drones, engines and components for iran. revolutionary guards move that has led to allegations president biden is simply continuing the politics of the previous administration, despite claiming to be on a different plan will be a study in contrast, with the previous administration since iran, one of the areas of profound divergence between the previous administration and the europeans, a government that talks of returning to the nuclear deal, but follows in the footsteps of former us president donald trump sends the message that it is not trustworthy. our sister channel archie arabic spoke to iranian deputy foreign minister, ali bulgaria kee jani about the latest move. why that as a new round of negotiations will begin in november, it's important that the party responsible for the introduction of these illegitimate and cruel sanctions should be ready to make a final decision on lifting them. if such a deci

u. s. and u. k. a warning their citizens of a security threat in afghanistan capital, they've been asked to stay away from hotels in cobble. if all is a recent rise in isola tasks the 2021 noble prize for economics has been awarded to david cod, joshua angriest, and guido inbounds, the 3 u. s. based economics, a can economists, one for their work on it. labor economics. their research includes the economic impact of immigration on natural citizens. card of university of california at berkeley was awarded one half of the prize. the other half was shared by angriest from the massachusetts institute of technology. and in bins from stanford university. david cards, empirical contributions have improved our understanding of labor markets. his initial work challenge conventional wisdom which led to new studies and additional insights. joshua congress, them quito, emblems have clarified exactly what conclusions about cause and effect that can be drawn from natural experiments. that are framework for estimat

u. s. comments suggest with france among others, opposing a statement about the summit goals. paris is still bristling over the new august pact between the u. s. the u. k. and australia, which saw camera scrap a $40000000000.00 summary deal with friends, is called august a stab in the back raising fears about the future of the western alliance. a political expert in china told us that europe simply can't trust washington. you're looking really being cheated by the u. s. many times in europe in countries like for lady then the us government stuck in the us cannot love your end of the yellow yet if they are also different degrees, i believe that you will have being the american lives in hoping to maintain independence, political, economic, and even military actually be companies in europe. i cannot fully call pre to be and, and china, the world largest condenser, much, or if we can talk a lot for them. if they don't fail to try and those companies, if you look at the trade data, if you will know that using the pen, that peers trying to train, you looking countryside is hooing rapidly and they have increased by 20 percent and even the 30 percent. so yield nice

u. s. and the u. k to their citizens in afghanistan, telling them to stay away from hotels in cobbles and celebrations in australia's largest city after a long herb 19 lockdown is east ah . to museum president chi said has approved a new government selected by prime minister nashua den. it's been a key demand of thousands of protested so accused president chi said of orchestrating a crew in july when he dismissed the government in suspended parliament. these alive pictures of the swearing in ceremony being held in genius, the capital among the new cabinet members is former banker some yet said, who will be the economy minister. we can see the prime minister o the president rather watching on these alive pitches of the swearing in ceremony . in tunisia, following months of demonstrations with thousands of protesters accused saeed of orchestrating occur in july. we will bring you more information about the new government as it comes to hint the u. s. and u. k. a warning their citizens of a security threat

u. s. and u. k. a warning their citizens of a security threat enough got his son's capital. american and british citizens have been asked to stay away from hotels in cobble. it follows a recent rise in isola talks in volcano fossil, the trial for those involved in the assassination of former president, my son, kara, has begun. 14 people are accused of complicity in his murder, including former president. bless, compel re. sanker came to power in 1983 and was shot dead 4 years later, he was a revolutionary leader who had called an african countries to default on unfair international debt. the 2021 nobel prize for economics has been awarded to david cod joshua angriest. then go, i don't. guido embeds the 3 us spaced economists, one for their work on labor economics, and a launch fire that broke out. and an oil facility and southern lebanon has been contained, a storage tank containing fuel delivery by the army caught fire. it was meant to help restart the plant near the city of side on those other headlines. it's back to witness next. oh, a deal with that? i'm not going to get

and rebuild. shaw stopped a full outs. have a u. s. security jail with the u. k. and australia. ah. hello, i money inside this is out there alive from joe. are also coming up the u. s. approved the coven, 19 vaccination for children age 5 to 11.

u. s. and u. k. a warning their citizens of a security threat in afghanistan, capital, american, and british citizens have been asked to stay away from hotels in cobble. it follows a recent rise in isola tax in all the taliban is expected to meet representatives from the european union in cut us capital. after holding talks with the us delegation, washington says their disgust, security, evacuation, fries, and women and minority rights in afghanistan. then bas ravenna, following the talks here in don, the europeans want primarily to guarantees the same thing. the americans want to make sure that have gone. hassan does not become a staging ground for any kind of attacks by arm groups such as al qaeda or the islamic state, and they'll be one. it guarantees that there won't be another refugee crisis, like we saw in 20152016 where refugees of from, of got us on in syria streamed into european borders. they don't want anything like that. again, how they achieve that is by delivering humanitarian aid to nei

and here's china versus u. k, u s. germany and korea. and as you see, it's gone way beyond anything even like the u. k which is heavily reliant on property prices. it's twice what the u. k has been and at the worst of time it, they went a little bit overboard in terms of, of, of how important property should be to an economy. yeah, the rules for playing the chinese version of the game monopoly or are quite different actually just open the board, put lighter fluid on the board and set it on fire. it doesn't last long, but it's an exciting game. but nevertheless, the reason for this is the banking system. so unlike about these other economies like the american economy or the british economy, where there is diversification, there is a technology space that is growing. there is different sectors that are vibrant and contributing to the economy in the chinese economy. it's, it's all about housing because that's what banks are comfortable lending against banks. chinese banks are not comfortable lending against entrepreneurs necessarily . they o