forxinjiang, i remember we talked about xinjiang. allow me to say xinjiang is part of china. come, and the uyghur brothers and sisters are part of our national fabric. no—one can change these two megatrends involving xinjiang. i will go to xinjiang next month. i will be very proud in hopefully reporting to your bbc colleagues about what i see with my own eyes, with my own conscience about the realities in xinjiang, because i really believe people in xinjiang of so many different ethnic groups, they benefit from stability and development and their living standards are improving and they do not buy all these fabrications about the bad situation in xinjiang. why? because they are not true. that's the fundamental point about xinjiang. now, when we get to hong kong, you have said to me that everybody who faces any sort of government action and repressive action in hong kong is a supporter of independence and the hong kong republic. that patently is not true. there are many activists who simply want the one country, two systems principle to be recognised, and they believe that the

we have led the international response on xinjiang, but also on hong kong.as we've said, we'd consider what level of government representation at the winter olympics in due course. let's go back to lisa nandy. lisa — while he continues to duck the question, the chinese government has raised the stakes. yesterday he admitted china was responsible for the microsoft exchange hack which saw businesses�* data stolen and hackers demanding millions of pounds in ransoms. he said the chinese government can expect to be held to account. well, he might want to have a word with the treasury, because just two weeks ago, the chancellor was telling mansion house it was time to realise the potential of a fast—growing financial services market with total assets worth a0 trillion. while the foreign secretary is imposing sanctions, the chancellor is cashing cheques. how does he expect to be taken seriously in beijing if he isn't even taken seriously around his own cabinet table? can i thank the honourable lady, but she's wrong on two counts. of course it was yesterday that the

the way that beijing has dealt with hong kong, the ongoing situation with the uighur minority in xinjianginjiang, but i do think it will be the topic of conversation in today's celebrations? it conversation in today's celebrations?- celebrations? it is a celebration - celebrations? it is a celebration of - celebrations? it is a celebration of the i celebrations? it is a - celebration of the communist party's achievements, no mention of the struggles, conflicts, and intentions that we have seen over the last 100 years. xijingping noted that the communist party is seeking to restore stability to hong kong, suggesting that there has been a period of instability, and stability is yet to be reached, but it is a day of celebrating the party's achievements in the last 100 years rather than looking back at its failures. in years rather than looking back at its failures.— at its failures. in terms of what today's _ at its failures. in terms of what today's events - at its failures. in terms of what today's events and l at its failures. in terms of. what today's events and the speeches told us abou

pushback against human rights abuses in if xinjiang region of china.apple's new buy now, pay later plan, the option for customers sending the sector lower. everything you need to know when we come right back. ♪ gives us the greens of summer. ♪ makes you think all the world's a sunny -- ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find better laughs at family barbecues. you'll find a better life is in store at miracle-ear, when you experience the exclusive miracle-ear advantage. including innovative technology, like the new miracle-earmini. so powerful, yet it's nearly invisible. we're so confident we can improve your life, we're offering a 30-day risk-free trial. call 1-800-miracle today and experience the miracle-ear advantage. maria: welcome back. good wednesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is wednesday, july 14th. a look at markets this half hour. futures searching for direction ahead of a busy morning for

side, issues ranging from human rights in xinjiang hong kong, the south china sea and taiwan. u.s. side stressed to china, u.s. collaboration with allies is not meant to be seen as a u.s.-china threat. on the other hand, china pushed back saying it does not accept american interference in what it calls domestic affairs and will not be lectured to by the u.s. the next big question, will this meeting lead to another meeting of president xi asian and president joe biden? maybe another set of meetings between the summit of the u.s. and china possibly later in the year. for that to happen, we need more talks. given that these talks took so much effort to arrange, it does not augur well for smooth communication between the two superpowers. romaine: that was colin murphy, given us that report. we are going to pivot coming up to eight slightly different topic. we are talking about -- the rise of the east. there was a time when it was the rise of the west. there was a period between the 1490's and 1530's. patrick wyman has a new book. we will speak with him after the break. ♪ joe: the

while the focus is on the economic success in china's big leap in living standards, critics feared xinjiang'snment camps and the crackdown on dissent in hong kong revealed once again the true nature of one—party rule. this former party insider was expelled last year for voicing concerns about the direction the party was taking. she is now in effective exile in the us. translation: in china, _ 100 years old also means a person has lived long and it is time to think of death. the communist party should review its mistakes. it should be seeking redemption, not celebrating. the theories used to be that as china got richer, it would get freer. the celebration of rigid, authoritarian control represents the total rejection of that notion. and with the triumphantism that is causing concern including here in democratic taiwan, with xijinping making it clear the party's mission to control the territory it still sees as its own. convinced that it's democracy, not authoritarianism that is in decline, china intends to party on. the communist parties longevity sometimes seems to have been built on a giant

while the focus is on the economic success and china's big leap in living staards, critics fear xinjiang'snment camps and the crackdown on dissent in hong kong reveal once again the true nature of one-party rule. this former party insider was expelled last year for voicing concerns about the direction the party was taking. she is now ineffective exile in the u.s. -- in effective exile in the u.s. >> and china, 100 years old also means a person has lived long and it is time to think death. the palming us party should be seeking redemption, not celebrating. reporter: the theory used to be that as china got richer, it would get freer. but this celration of rigid, authoritarian control represents the total rejection of that notion. with the triumphant feeling causing concern including here in democratic taiwan, with xi jinping making clear the parties mission to control the territory it still sees as its own. convinced that it's democracy, not authoritarianism that is in decline, china intends to party on. john sudworth, bbc news, taipei. laura: the former u.s. president donald trump's company

and others have charged that muslim uihgyurs in xinjiang are sent to labor camps and subject to abusesomes as they say investments in the region could violate u.s. law. heat across the western u.s. has slightly but wildfires raged on today, more than 60 burning across 10 states, fueled by hot, dry conditions. we will focus on the largest one burning in southwestern oregon later in the program. president biden is nominating the former health commissioner of west virginia to be the nation's top official in the fight against illegal drugs. the white house says dr. group gupta would be the first physician to serve as drugs czar. the white house also nominated senator jeff flake to serve as ambassador to turkey. u.s. foreign policy can and should be bipartisan, he said. and the enemies made some history today. mj rodriguez of the fx series " pose" became the first transgender woman nominated for elite acting role. "the crown" on netflix and "the mandalorian" on disney plus tied with 24 nominations apiece. winners will be announced in september. still to come, on the front of region wildfire

the biden administration intensified warngs to businesses today about forced labor in china's xinjiang region. the u.s. and others ha charged that muslim uighurs in xinjiang are sent to labor camps and subject to other abuses. today's warning says companies with supply chains and investments in the region could violate u.s. law. record heat across the western u.s. has eased slightly, but dozens of wildfires raged on today. more than 60 fires are burning across 10 states, fueled by hot, dry conditions. we'll focus on the largest one, now burning in southwestern oregon, later in the program. president biden is nominating the former health commissioner of west virginia to be the nation's top anti-drug official. the white house says dr. rahul gupta would be the first physician to serve as drug czar if the u.s. senate confirms him. on wall street today, the dow jones industrial average lost 107 points to close at 34,888. the nasdaq fell 55 points. the s&p 500 slipped 15. and, the emmys made some history today. m.j. rodriguez, of the fx series "pose," became the first transgender woman nomin

been really interesting because it is hoping that with taliban support, it can continue to secure xinjiangine in western china and pakistan, which runs through some very hostile territories, and we're watching china develop into a security actor well beyond its borders and i think that's going to be well worth watching. how they will make friends with a government that is so heavily criticised for its treatment of its minoritymuslim community. how long have i got? just under a minute. i am not sure that this hasn't got enough attention. but it is going to be one of the defining things of our age. there is covid—19 in this climate, but inflation. i think you're at this very interesting point was the economy is roaring back 7% growth in the us, you can't have 7% growth with interest rates at next to zero for very long — what is going to be interesting is whether the supercharged economies and recoveries, when they still got policies, borrowing money which is more suited to a financial crisis of ten years ago, at some point, something has to give. there's already signs that the government, th

satellite images from xinjiang province in the west of the country suggest it is building a nuclear missile reported to be under construction in western china in the last two months. still to come a bit later in the programme, the slate landscapes of gwynedd in north wales are awarded unesco world heritage status. we'll take you on a virtual tour. but first, let's head to tokyo now, where its day six of the olympic games. and japan is starting the day still on top of the medal tally with 13 gold medals, one more than china, with the united states sitting in third place. we'll have an update on the day's events in a minute, but first, as we were just talking about, coronavirus cases are on the rise in asia and japan is not immune. tokyo is suffering its worst outbreak of coronavirus since the pandemic began. wednesday saw a record of more than 3000 cases in tokyo alone. i'm joined now by mariko oi, who is in the vibrant shimbashi district in tokyo. we've been talking about how the delta variant is now spreading rapidly across the us with many parts of asia. tell us the situation injapan with

the evidence of that in particular when it comes to xinjiang is a chilling model that others have looked to as examples. when it comes to individual leader decisions, i think there are a couple of important aspects. one is which, a lot of leaders cannot embrace the chinese model without getting public backlash. if you look at a place like thailand where i have conducted a ton of interviews, a lot of intelligence officers said even if they think some of these methods would be useful to them, to directly embrace chinese mass surveillance is something that would immediately cause a backlash. so in that sense there has to be other motivating factors for why countries will choose to use some of these techniques when it comes to their own countries. host: how does the chinese social credit score play into what you are talking about with digital repression? guest: it certainly represents a culmination of how technology in the hands of the state, which is able to see into all of the transactions a citizen undertakes, how that can then be leveraged in very sinister ways by the state for its polit

the focus is on the economic success and china's big leap in living standards, critics fear that xinjiang'she true nature of one—party rule. this former party insider was expelled last year for voicing concerns about the direction the party was taking. she's now in effective exile in the us. translation: in china, _ 100 years old also means a person has lived long, and it is time to think of death. the communist party should review its mistakes. it should be seeking redemption, not celebrating. the theory used to be that as china got richer, it would get freer, but this celebration of rigid authoritarian control represents the total rejection of that notion, and with a triumphalism that's causing concern, including here in democratic taiwan, with xijinping making clear the party's mission to control the territory it still sees as its own. convinced that it's democracy, not authoritarianism, that's in decline, china intends to party on. an 82—year—old woman will become the oldest person to go into space this month — thanks to the amazon founder jeff bezos. wally funk was one of the first wom

the focus is on the economic success and china's big leap in living standards, critics fear that xinjiang'sackdown on dissent in hong kong reveal, once again, the true nature of one—party rule. this former party insider was expelled last year for voicing concerns about the direction the party was taking. she's now in effective exile in the us. translation: in china, | 100 years old also means a person has lived long, and it is time to think of death. the communist party should review its mistakes. it should be seeking redemption, not celebrating. the theory used to be that as china got richer, it would get freer, but this celebration of rigid authoritarian control represents the total rejection of that notion, and with a triumphalism that's causing concern, including here in democratic taiwan, with xijinping making clear the party's mission to control a territory it still sees as its own. convinced that it's democracy, not authoritarianism, that's in decline, china intends to party on. john sudworth, bbc news, taipei. to miami now, where president biden has been meeting families and rescue

. - or, you know, to censor out content involving xinjiang, i which is a western region of china whichappening there. j so, in order to operate in china, |you have to play by these rules. j at some point in the past, google, facebook and twitter have decidedj they are not going to play by these i rules, and that's why they're out. | in effect, it's created a bit - of what i call a "splinter—net". so for example, i'm i in singapore right now. but when i used to be based in shanghai, i |and i was there for seven years, | in order to go on google or to go on youtube or facebook or instagram, i would have to have certain _ software in my phone that - would allow me to jump the great chinese firewall in order to access that. - so a splinter—net basically means you have two different internet. ecosystems with two separate sets of apps for very _ similar applications. rich, very briefly, president trump was sufficiently worried about tiktok that he banned it in america. it never actually came into practice but presumably that would have made people like you very nervous. we engage with govern

the focus is on the economic success and china's big leap in living standards, critics fear that xinjiang'sgain the true nature of one—party rule. this former party insider was expelled last year for voicing concerns about the direction the party was taking. she's now ineffective exile, the us. translation: in china, _ 100 years old also means a person has lived long and it is time to think of death. if they communist party should review its mistakes, it should do a redemption, not celebration. but china's rulers, convinced that it's democracy not authoritarianism that's in decline, intend to party on. john sudworth, bbc news, taipei. president biden has been miami to meet relatives of those killed and missing after a 12 story appartment block partially collapsed last week while residents were asleep. joe biden also met rescue workers who've been searching the rubble for days now. 18 people are known to have died but dozens more are still missing. 0ur correspondent sophie long is there. there can't be much hope of finding anyone alive now? iam afraid i am afraid you are right, the hope of t

satellite images from xinjiang province in the west of the country suggest it is building a nuclear missileield reported to be under construction in western china in the last two months. still to come a bit later in the programme: we look at the trend of vaccine tourism — with many heading to the us to get a jab. but first, let's head to tokyo now where it's day 6 of the olympic games. we'll have an update on the day's events ina minute, but first, as we were just talking about, coronavirus cases are on the rise in asia and japan is not immune. tokyo is suffering its worst outbreak of coronavirus since the pandemic began. wednesday saw a record of more than 3,000 cases in tokyo alone. i'm joined now by mariko oi who is in the shimbashi district in tokyo. we have been talking about the record cases injapan that tops, for the first time, daily records yesterday, putting hospitals under increasing strain. how is that affecting the ability of people to get out and about, given the fact that japan is now out and about, given the fact thatjapan is now in out and about, given the fact that japan i

but to defend against — secure xinjiang but to defend against attacks against an energy ptant _ againsthing.— be well worth watching. how they will make friends _ be well worth watching. how they will make friends of _ be well worth watching. how they will make friends of the _ be well worth watching. how they i will make friends of the government thatis will make friends of the government that is so heavily criticised for its treatment of its minority muslim community. how long have you got? just under a minute. that community. how long have you got? just under a minute.— just under a minute. that is longer than i thought. _ just under a minute. that is longer than i thought. i— just under a minute. that is longer than i thought. i am _ just under a minute. that is longer than i thought. i am not _ just under a minute. that is longer than i thought. i am not sure - just under a minute. that is longer than i thought. i am not sure thatl than i thought. i am not sure that this is got enough attention. buy things going to be one of the defining things of our age. there is covid—i9 in this

at least 14 of them are chinese companies accused of human rights abuses in the xinjiang region and helping chinese military. a new twist in the assassination of hades president. -- of haiti's president. haitian police said 28 people carried out the attack against the president. 26 of them were said to be colombian. the other two were described as u.s. citizens of haitian descent. four alleged assassins have been killed and six others arrested. a new british study says most young people face extremely low risk of illness and death from covid and have no need to shield from the virus. that backs up clinical reports that children and teens are less likely to be hospitalized or face severe attacks. -- face severe effects. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika a good -- i'm ritika gupta. this is bloomberg. guy: the u.s. earnings season will officially kick off next week. what should we be expecting? leigh drogen, estimize ceo and founder, here to fill in the blanks. i guess the big

global chip shortage >> tim, i will go to you the question was specific about materials sourced from xinjiangm a welcome in china as they once had because of china's ambition to have its own chip sector >> look, this is kind of where i think a lot of this frosty geopolitical dynamic took place. i think control of technology, control of the internet and control of nanotechnology for the next 20 to 30 years is really at the core of where we are at loggerheads so, yes, i think nothing has hanged national championed companies in china are going to be given an edge and the previous administration spent a lot of time basically whacking away at those companies. i think china is going to continue to be building those strategic sectors and not really going to accept any outside influence except for where it's needed so, look, when i think about all of this with china, china has to play nice when it comes to financial markets, as was referenced where the financial services companies are allowed china wants to be a money center the reason the u.s. has the influence in the world, one of them, because of

the stories coming out of xinjiang are getting worse and worse, and apple at home markets itself on thingsprivacy, human rights, the environment. it can't do that and simultaneously maintain its presence in china with increasing pressure on it to never criticize the ccp, to -- the way that xi has exerted pressure on other foreign companies, that's the kind of place where i think apple is going to crack one thing it says domestically, one thing it says in china, and xi has shown he's no longer willing to accept companies speaking out of two sides of their mouth on this. >> looking beyond apple, i would love to get your thoughts on what the long-term implications are for the private equity and hedge funds that have invested so much, the u.s.-based private equity and hedge funds that have invested so much in chinese companies and also international banks that have generated billions of dollars in fees from some of the chinese ipos that have happened here state-side? >> absolutely. if you look at some of the chinese ipos, that have been kind of duct taped together in terms of their legal statu

taiwan, xinjiang, china sea. we're going to have to figure out whether or not beijing sees the value in having u.s. and other investors helping them to continue what xi has tried to make to his people the case for earned legitimacy. we have delivered for the chinese people you're powerful. you're rich. and that's largely because china has been open to outside engagement and investment. but if this is coming to an understand, i think china will have a rough road ahead, continuing to deliver for the chinese people >> if it comes to an end, in a way they're shooting themselves in the foot. the best scenario is to let u.s. companies contribute to their gdp. make it seem as though they have access to all the best products in the global marketplace while maintaining full political control. a lot of companies who went in there 15 years ago thinking this is an exciting moment where we can help liberalize the country. our ideas can part of soft power and help promote democracy in a soft way or at the worst might have thou

we know the uyghurs are being oppressed by the chinese in the xinjiang province.d on its power no matter where it is and no matter who it is. jackie: they do. this is a scary time as we watch the saga unfold for china to be spreading its tentacles in this way especially we're recovering from a pandemic that originated in china. we came from president trump who took a very hard-line with the country to president biden who really hasn't drawn any lines or said very much at all. you look at the administration and the foreign policy, what it is doing with iran. in the middle east, russia as well. you don't see much happening here. >> the biden administration projects weakness around the world which is going to have hopefully not but potentially could have devastating consequences for the american people and our ability to maintain our economic strength, our strategic political strength right now. and china of course, you know, has got a long-term relationship with biden and his family who are very compromised as we know from evidence and facts that he has even admitte

the bidenl administration announced that more companies will be added to the blacklist over the xinjiangter where they have uyghurs locked up and, yet, a lot of people are questioning that blacklist because while he's putting some companies on the blacklist, the companies that are actually doing anything and the subsidiaries of those companies are not on that list. what do you make of these moves this week from thees c s cp? >> -- ccp? >> yes, the ccp is serious. the moves that you described this past week are serious. there was actions that we saudis closed about how they continue the to cover up for the virus as well. we've seen the work they're doing with genetics. they're doing testing on mothers who are pregnant. they're collecting dna samples. this is a machine. this is a machine that is intent on dominating the world in technology and commerce and militarily. the responses have to be equally serious. i saw the blacklist take you're referring to. it's technical, hard to tell what's in it and what's not. in the end if it doesn't impact the chinese communist party, doesn't impact the

is set to add more than 10 chinese companies to the blacklist over the human rights abuses in xinjiangt they are encapsulating all those companies who are producing products by the uyghurs who are locked up right now. >> well, first, we have a woeful lack of american investor protection, that's for sure and it wasn't made better in may 2013 when they cut a deal with the chinese security regulatory commission, waiving their requirements to be compliant with u.s. securities laws and in a memorandum of understanding that if you can believe it is still in force. so chinese companies are actually receiving preferential treatment to their american corporate counterparts in our markets. and when we talk about the addition of new companies to the so-called entity list in the department of commerce, which basically denies american technology components, services and equipment to these companies because of their egregious human rights and national security abuses, we saw five such companies in the polysilicon sector added last month, three of those five are publicly traded and held by major indi

come back, bipartisanship works on capitol hill, the new legislation banning products made in china xinjiang get into it when we come right back. this is sam with usaa. do you see the tow truck? yes, thank you, that was fast. sgt. houston never expected this to happen. or that her grandpa's dog tags would be left behind. but that one call got her a tow and rental... ...paid her claim... ...and we even pulled a few strings. making it easy to make things right: that's what we're made for. usaa. what you're made of, we're made for. get a quote today. [relaxed summer themed music playing] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ summer is a state of mind, you can visit anytime. savor your summer with lincoln. he looked after his community. she built an empire. fought for his people. protected this nation. they are the heroes in my family. who are the heroes in yours? and there you have it - they are the heroes in my family. wireless on the fastest, most reliable network. wow! big deal! we get unlimited for just $30 bucks. i get that too and mine has 5g included. impressive. impressive is saving four hundred bucks a year

it's not just this, it's tensions over hong kong, as well, over xinjiang.ighing? guest: i think the geopolitical tension is centered around political tension at this point of time and we are still seeing an anchor of u.s. china relationship making progress, albeit very slowly. but they are making progress. the economic ties not completely broken. we do not expect fundamental stress to china's growth recovery in the near term, but we do think the technology tensions, as well as the political tensions, will affect china's long-term growth potential, especially when it comes to technology. shery: we have more analysis ahead on what to expect on the lpr front. but first, let's go straight to lima, peru. we have breaking news. they have now proclaimed that pedro coetzee is the next president -- pedro castillo is the next president. this is by the electoral board after six weeks of uncertainty. we are seeing revisions and allegations of fraud. finally, peru's electoral authority has proclaimed the winner of last month's election is leftist pedro castillo he won b

the focus is on the economic success and china's big leap in living standards, critics fear that xinjiang's. translation: in china, _ 100 years old also means a person has lived long and it is time to think of death. if they communist party should review its mistakes, it should do a redemption, not celebration. but china's rulers, convinced that it's democracy not authoritarianism that's in decline, intend to party on. john sudworth, bbc news, taipei. we are waiting forjoe biden to emerge surfside after meeting those relatives at that champlain complex which collapsed last week. we will bring you that as soon as he appears, we are expecting remarks from the president shortly. in the meantime from a new rails came into force which should make it easierfor people to came into force which should make it easier for people to repair and household appliances. the right to repair will force manufacturers to make spare parts available, so customers can get their products fixed. one and a half million tonnes of electrical goods are thrown away every year in the uk, as coletta smith reports. he's onl

it could only be called a wave of -- actions in changing including saint -- actions in xinjiang. they question what more can we do? -- secretary of state, antony blinken, represents some of the toughest -- on the agenda. they should continue with sanctions and other kinds of options to stop atrocities. kathleen: i actually had a quick question, jodi. yellen making a new push in brussels to repair ties with the e.u. what is she specifically asking for? jodi: she really wants -- e.u. block to band together with the u.s. to be tough on china, particularly in the area of economic practices, what she calls human rights abuses. -- the biden administration. -- the previous administration but at the same time, trying to get some of these -- take some of these steps. basically, it is a push. kathleen: jodi schneider, thank you for joining us. our bloomberg politics editor. continuing on janet yellen having a bit of trouble getting her first word pick through congress or the white house. vonnie quinn has all the details with the first word headlines. vonnie: bloomberg has learned that yell

definitely the issues related to changing -- xinjiang and tibet.rth korea for a change and we should be and a positive manner saying, we can provide them with support, humanitarian support and other economic support. but at the same time, we should definitely progress in a slow manner, witnessing their changes, and giving them some positive influences. the problem with the wujing government and inter-korean relationship is they tried to do this whole big deal between three entities, say, donald trump, and kim jong-un, and president moon. so i think in the current relationship it is more than that. it should not be such a business big deal. we should definitely have our philosophy here. then a means that it is a different relation from before. so, i mean, that almost means that it could be a little harder negotiation with the north, because we have nothing to lose now, but they have everything to lose. juliette: that was south korea's people power a party later. coming up on "bloomberg markets: asia." discuss that inflation challenges in india with

wants to bring up like hong kong and xinjiang.tion from the chinese. on the other hand, the u.s. thinks it is important to engage on china with things like china -- with things like climate change. there is room there for the two sides to make some progress. i think the key word there is some. let's not expect much to come out of this. haidi: bursae nor they are giving us an update as those talks pick up. let's get to vonnie quinn. she's got the first word headlines rest. reporter: haidi, thank you. bloomberg has learned that the u.k. government is looking for ways to remove a chinese nuclear company from all future power projects. this includes a $27 billion power station in suffolk and a proposed one in essex. china is bracing for more disruption after a typhoon made in fall on sunday on the coast south of shanghai. 100,000 had to leave their homes and state tv reported more flights might be grounded on monday. they also diverted large container ships from one of the world's busiest shipping centers. the top u.s. infectious dise

including chinese maritime claims in regional waters he highlighted concerns about taiwan and uyghurs in xinjiangmberg learned that china is considering imposing more tariffs on steel exports. this as it tries to cap domestic production and subdue surging prices stoking inflation concerns area we are told that rates range from 10% to 25% and include tariffs on some products not covered by an earlier round. sources say officials want to implement the levies in the third quarter although they are still subject to final approval. president joe biden met with the leading democratic negotiator in infrastructure talks as attempt to crack the bipartisan deal hit multiple snacks. senate negotiators missed another key deadline as differences remain on both sides including how much unspent covid-19 money can be used for infrastructure. the white house says it is confident that an accord will eventually be struck. fully vaccinated tourists from the e.u. and the u.s. will reportedly be able to travel to england soon. the financial times says boris johnson is expected to open the doors to fully vaccinated tou

yoon has the latest for us plenty to run down >> yeah, that's right, david i am in the tech hub of xinjiangw have decided to pull their new york ipos. alibaba-backed linked up as well as tencent and softbank fitness app keep link dock bland to raise $211 million today and keep $500 million there are other chinese companies on the docket. because of the lack of clarity around the rules it's unclear as to whether or not they will go ahead with the ipos and at what pace and then separate to that the hong kong exchange has just announced new regulation changes to try to streamline their ipo process. the hong kong exchange said that they are going to cut the time between pricing and ipo'ing from five to two days this is meant to try to match hong kong to new york's ipo process as well as the process in parts of europe at the end of day, trying to make hong kong that much more competitive. now, separately, the central bank announced that anti-monopoly measures that are aimed at alibaba's ant group are going to be applied to other online payment companies measures, details of the measures are stil

much stronger stand on the government to take of the uyghur people and other muslim minorities in xinjiangrs committee is now calling for actions, including a ban on imports of cotton and for a fan boycott of the winter olympics in beijing. the government says it has already imposed sanctions against chinese officials. i can speak now to sir iain duncan smith, the co—founder of the inter—parliamentary alliance on china. thank on china. you forjoining us this morning. thank you forjoining us this morning. the foreign affairs committee as we have been reflecting once a much stronger stance against china on this so tell us about the steps you would like to see. can i save the inter-parliamentary - steps you would like to see. can i save the inter— parliamentary lines save the inter—parliamentary lines in china is a british thing, we have over 20 countries in it, including countries in africa. we are in agreement with this particular foreign affairs report, one of the big problems we have had as i think the uk government to be quite frank has been dragging its feet over where it really stands

the focus is on the economic success and china's big leap in living standards, critics fear that xinjiang'stion. but china's rulers, convinced that it's democracy, not authoritarianism, that's in decline, intend to party on. john sudworth, bbc news, taipei. 130 countries have signed up to a new framework for international tax reform. the outline deal aims to ensure that large multi—nationals pay tax in the countries they operate in. the agreement would impose a minimum level for corporate tax. it's been described as the most important tax deal reached in a century. let's talk to our economic correspondent andrew bush. let's go into two constituent parts. first the multinational companies will pay tax where they operate, not what they choose to pay taxes. it's at the end the tax shelters? that is certainly the _ at the end the tax shelters? that is certainly the idea, _ at the end the tax shelters? that is certainly the idea, and _ at the end the tax shelters? that is certainly the idea, and this - at the end the tax shelters? that is| certainly the idea, and this element was driven particul

the base is said to be in the xinjiang region and it may include 110 silos.r gymnast simone biles with drawing from another event in tokyo. she wants to focus on her mental health. she will no longer compete in the all-around competition, a day after pulling out of the team event. usa gymnastics says they wholeheartedly support her decision and applaud her bravery and pry or of advertising her -- prioritizing her well-being. the team took silver yesterday after she withdrew. dagen: thank you so much. time for the word on wall street, top investors watching your money this morning. joining me, carson group ceo, ron carson, the fitzgerald group prince pal, keith fitzgerald and rob luna. keith, futures are mixed this morning after the market snapped a five-day winning streak yesterday. it's going to be another big day of earnings. we just heard from mcdonald's and pfizer. we're standing by for boeing later this hour. tech giants apple, microsoft andalphabet yesterday posting strong earnings. the nasdaq ended the day lower. your thoughts on what we've seen so far

talking about china new satellite images show china is expanding its nuclear missile silo fields in xinjiangy readiness where are we most at a deficit right now in terms of our military? >> dagen, let me take one at a time. dagen: sure. >> it is really -- for people to know a book written about peril harbor after it called at dawn we slept talked about all the warning signs that we sheriff noticed that could have prevented that disaster. look. we don't need to warning signs china has been very are clear about what here to doing building you are in military large rate nuclear capabilities naval capabilities, purchasing power right now is more they can being apply more with yuan with an we get request dollars last five years china proud 105 naval combatants we produced 26 they have more diplomatic posts than we have, huawei expanding dramatically in africa, and south america so, we are where we are at a disadvantage highest budget hi than -- our fighting force 50% smaller combat unit naval combatants number of aishlt when i went into desert field desert storm the air force has had 4668, today

challenge the challenge of our times you talked hong kong we know whys happening in the west in xinjiangope the biden administration gets this right it matters awful lot to america every member of congress needs to demand this administration begin to respond to the challenge ccp presents to us. >> you said at state they are inside the gates they have been able to get inside many of our most important institutions, whether it be corporate america, or embassies government agents to get information about america seems this agenda out of biden administration continues to favor our adversaries look at russia pipeline nord stream 2 could soon be completely two said no to this after years of dispooutd u.s. germany apparently expected to announce they reached a deal, it is a complete referral from your time as secretary of state in terms of enriching russia, this deal they are going to cut with germans benefits two people the rich oligarchs inside russia wealth elites in germany, no one else undermines ukrainians our friends if poland undermines united states nato it is the case russians will ha

and in fact, this special trade advisory that was put on, china advisory by the administration for xinjiang i actually have never seen it as bad as this, maria. i've been going to china since the '70s, i guess i'm aging myself here. as ceo, i went over the last 15 or 20 years i was around as ceo, i did see a lot and we always found a way to bridge the divide. i'm really concerned now that we may not find our way, that we are actually create aing two circles -- creating two circles of global business, one very centered on the united states and one very centered on china an countries are going to have to choose their supply chains. i am pro on-shoring supply chains and minimizing risks such as semiconductors and other critical things like critical minerals, batteries, you name it. the united states needs to get self sufficient s shent in many of these -- sufficient in many of these critical industries because we can't count on the china supply chain. i think you can have transactional relationships based on need but you better have diversification as part of the risk mitigation strategies. ma

they continue to forgive millions incarcerated, the uyghurs in xinjiang. they don't seem to care about international property theft. they don't seem to care about their state-owned inter prizes competing with subsidies from their taxpayers coffers. democrats don't want to hold china accountable. that might be something else we look into. but for today, i look forward to the opportunity to ask questions to get to the bottom of the origin of the virus. with that, i yield. cts, which>> i appreciate that,. green. now to bring up our expert panelists and i thank each of you for coming. you have all done extensive research and following the science and getting the facts, which is what we intend to do today and it's probably the greatest gathering of scientists who have done a real research into the origins of covid-19 that has ever been assembled here in the capital. let's start with you, doctor. we have seen you testify before many committees. he served as an admiral in the public health service commissioned corps, and u.s. representative to the executive board

the clerk: calendar number 87, s. 65, a bill to ensure that goods made with labor force in the xinjiangion not enter the country. mr. merkley: i ask unanimous consent is that the committee-reported substitute amendment be degreed to and that the bill, as amended, be considered read a third time. the presiding officer: without objection. mr. merkley: i know of no further debate on the bill as amended. the presiding officer: if there is no further debate, the question on passage of the bill, as amended. all those in favor, say aye. those opposed, say no, no. the ayes appear to have it. the ayes do have it. the bill, as amended, is passed. mr. merkley: i ask unanimous consent that the motions to reconsider be considered made and laid upon the table. the presiding officer: without objection. mr. merkley: i ask unanimous consent the senate proceed to the consideration of calendar number 92, senate resolution 10. the presiding officer: the clerk will report. the clerk: s. res. 107 expressing the sense of the senate relating to the tenth anniversary of the march 11, 2011, earthquake and tsunam