it is one of the best ways we can counter china. we are seeing a war on american energy and ended his weakening us. united states more, whether it is corporations or the current biden that is focusing on wind and solar and batteries, supply chains that are dominated by china, that is making us even more dependent on them. dangerously dependent on them. we saw that highlighted during covid. we were dench -- we were dangerously dependent on china with masks and ppe. we need to really invest the environmental agenda that is making it more difficult to resource domestic resources for critical minerals and chemicals needed for advanced manufacturing. if we are going to do manufacturing in united states we have to have access to these minerals and these chemicals. that is why i am focusing with my colleagues in the house to increase the domestic supply of critical minerals. we need to be able to access critical minerals and metals if we are going to manufacture in the united states. there is this keep it in the ground movement -- that is

that's exactly what china is worried about, is that there will be a anti china force like united to counter it's a power. so of course that at the beginning, like china, hope that this will be all the single cases. for example, the dispute with our most railey, and the dispute with the any. and sometimes china and their official media will call these country a small countries. but together, they can have big power to cow to china. taiwan is a planning to set up a fund to invest in lithuania, trying to offset some of the damage. this dispute is causing tell us more on that town has established a $1000000000.00 us dollar financing fund to promote bilateral business corporation between taiwan and their lithia, tony manufacturers who are willing to invest in lithuania or have joint ventures with the country as well as ali any and manufacturers who have cooperative relations with high one can apply for these funds and lead to any effects. the new credit scheme can a boost projects in technology sector is facing chinese pressure, such as computer chips, laser manufacturing, and biotechnology. and

s, but china, her motherland. you know, this woman who was great and she wanted to return to the model and to represent the motherland. so there is absolutely this nationalistic sentiment around her. i don't want her image. i mean, this is so part and parcel about of why he is so popular in china. yeah. and you talk about her excellence and this excellence has chosen to represent a state with human rights problems. can you connect everything we've talked about in terms of on the sports and human rights? why does human rights matter in this instance? well, ah human rights pilots in china, so bad. i mean crimes against humanity are happening. john, just the situation is so bad. you can no longer just say, you know, this is not a politics. let's not talk about plays politics. a 1000000 people are. * been imprisoned in those camps for literally being who they are, the you cannot not talk about it. right. and it is, is the one thing as 2nd is that i think the chinese government is using the game as a political tool. so

this china to come from china is not expressing itself or having this willingness to leave. the world to the china is still trying to learn from others and trying to do business with everybody, particularly with russia, with it's not a host nation, and this is something that the whole world needs to understand. china throw up is history never has this experience of colonization. never has this experience of trying to bully others. always try to make friends with people and trying to do business with everybody. and, and this is what i would say that unnecessary figure. i find this whole idea of one nation leading the world quite problematic on a philosophical point of views as if one nation please the rights of god. because from my perspective, even in the most glorious times of the united states, it never actually ruled the world. and never had the capacity of controlling everything. it's more like, i guess, other countries complying with some of its admissions or a commanding tendencies. do you think it, do you think this whole idea of one nation being able to provide leade

suppressed within china itself. many are making their voices heard elsewhere. our washington bureau chief in his po, has met a weaker restaurant owner in los angeles, whose father disappeared 3 years ago. these mountains remind book ra kean very much of home. he left china 6 years ago to start a new life in the us. everything seemed to go well until his father, who remained in china, was a promptly snatched from his home during the night of october 25th in 2018. his father owned one of the biggest rigor publishing firms and our king believes that his fight to protect the legal language. and culture was the reason why the chinese government put him in prison. arkwin says his father was like a best friend supporting him financially in the us. my biggest here i really scare like he couldn't her cadillac, his grandfather, childrens to his color of his me again. this i think is fear to see him again. are you this u. s. government then euro. they can do more to pressure on china. about the jan da genocide. after his fathe

s, and i'm chinese, when i'm in china and quote, she also made no reference to china's human rights record though she has been vocal about social justice issues in the us, such as the black lives matter movement, quote. i know that i have a good heart and i know that my reasons for making the decisions i do are based on a greater common interest. if people don't believe me, and if people don't like me, then that's their loss. they're never going to win the olympics. well, chinese, he prays on aileen grew another olympian with a similar background, has experienced a radically different games. california born figure skater, ju yi, gave up us citizenship to compete for china. but she was savaged on social media after folly several times during her event. abuse was so bad, the chinese social network way, boy suspended dozens of accounts and deleted hundreds of posts. some of them telling julie to quote, go back to america. she's also been picked on for her shaky mandarin, all this underscoring that china sports industrial complex mostly cares about winners and we have human rights watch as yet

it came from china. it is hard to say we want to be negative towards them but then again, we depend on them for everything. i don't understand with the problem is. you bring up all the stuff they do and we cannot fix one problem we got, not one. people need to look at it from that standpoint. don't worry about china. worry about what we can do here. host: glenn, while the games themselves may not be political the symbolism of the games could be considered political. we all know and people still talk about the u.s. hockey team beating russia at the olympic games and in the history book is jesse owen going to germany and winning medals in front of adolf hitler. sometimes the games can be made political. is there any worry of china coming up with a symbol they say will show their superiority? caller: i am not worried about them because we cannot fix our own problems. if we can fix our own problems, maybe we can be concerned about somebody else. until we figure out what we need to do here to take care of rac

give me an idea of the human rights abuses you are following in china. guest: may be a good starting point is the beijing olympics in 2008. perhaps a lot of your viewers watched the summer games which were advertised as being a coming out party for china. but even then, those games masked serious human rights abuses, worker rights violations, arrests of journalists, civil society, and surveillance that later contributed to surveillance and abuses of uighurs in china. the human rights abuses we have documented starting in 2008 have actually only work since 2015 since china won the right to host the winter olympics that have launched yesterday. these abuses include press freedom violations, worker rights violations, repression in hong kong that includes arrests of legislators and publishers, religious oppression in tibet, and in the uighur region of china, forced labor, mass incarceration, as many as one million muslims and other turkish muslims, and also a cash not allowing the united nations in to monitor human rights abuses in china. the situation was b

china. it's not going to happen overnight. it's going to require astute political leadership, determination, and consumer sacrifice on our part. this will include d linking our manufacturing on key technology, raising tariffs where necessary to preserve made in america, and canceling student visas. about 340,000 chinese students studying here right now. why are we training china's next generation, all of whom are approved to be here by the ccp? why are we training them in stem fields? at some point down the road, we know they are going to turn around and use what they have learned here against us or our allies. in order for america to regain our leverage with china and russia, which we need, we have to drop the notion that either will ever care about adhering to a rules-based international order that we keep here in blathering about. that is not just cooked up in think tanks, later invoked by ignorant globalists like john kerry. you have to understand the long arc of chinese and russian hist

so i think this is just a mind be true for china. i wouldn't see this is a big win for china. the u. s. s. certainly angered by it, whether they see it as a win or not. and they're saying that this is, you know, the decision reflects erroneous apple. it body interpretations. what do you make of that? well, the u. s. has been complaining about b, w q, just to send the system for a long time, especially on to remedies cases where they regard the appellate body is to show public body. for example, to be a serious mistake that minds the other countries ability to a tech or tiny state capitalism and have a long call it or be formed. but personally, i would agree with us review. i think the appellate body actually has made the right decision. ironically, if you look closely at the appellate body decision 3 years ago, i mention audio. actually the parent body in that case, did a try to re adjust the audio of yours for some, probably the body to make it easier for us to have a safeguard. as to have already subsidy ameris against china. so i think the u. s. a complaint, a definite mist

china is blaming you. china is blaming the united states, you may recall that media was very careful to warn us not to blame the pandemic on china. biden's own department of justice is ending an espionage program for fear it might hurt china' feelings, but china is blaming you for russia's invasion of ukraine, joining us now former house committee chairman, former california congressman devin nunes. you were talking about russia long before it became fashionable to do so, what did you see that made you wary? >> during the obama and biden administration it was clear that putin was running around the world doing whatever he wanted. we seem to get caught with our pants down so to speak without having actual intelligence we could use, one of main jobs of intelligence community to know what these countries plans and intentions are, basic stuff. we kept dropping the ball across the globe. i think you made a good point in the opener, a lot of people look at why did russia go and do this? they have watched china t

so it's like that's, that's basically why they're in china now to see if they can get china to pick up some of that shortfall. well, china's infrastructure program beltran initiative, has received a lot of criticism for encouraging one or both countries to take on too much. dad, will this actually help urgent? you know, hurt at the end. we're looking at looking at the amount of money that argentina already owns, owes to the i m f and it's in the process of trying to come up with the deal. and it's by no means clear how that will unfold because their protests against the i m f and argentina today. have a look at the sheer amount of money it owes. it's hard not to think that basically by putting yourself into more dash that you're not going to end up getting into trouble sometimes. and i think sometimes there's a tendency because a lot of this, the belgian road initiative initiative is about building influence for china. but at the same time, it's also but a loan and loans have to be repaid. and there's no, even though everything is done with great fanfare, and you know how wonderful the

as it relates, china hosted the olympics in 2000 eight and it was at a time when china was still emerging in the world stage and it got a lot of kind of image benefits from hosting the olympics in 2008. my sense is the picture in 2022 is not as positive. it really has been an opportunity for anywhere there is free media in the world that is not authoritarian to really focused on -- focus on china's human rights abuses. i do not think what president xi is seeking is what he is guessing -- getting. host: we are starting with cornelia from cottonwood, idaho on the republican line. good morning. caller: hello and good morning. hello? host: go ahead. caller: i was just going to ask two questions. one has to do with our withdrawal from afghanistan and leaving our base, that is close to the chinese country and what effect that would have on our military security down the road. and also, what effect with the biden family being tied economically and gaining all kinds of wealth from the chinese government, what effect does that have on our president's trip to china, those are my two questions and i

but demand in china is growing and more gas pipelines to china are already being built. now for more on this, i am joined by steven chang. he is the director of the china institute at so us at the university of london. welcome stephen. so are we to imagine china as waiting in the wings for western sanctions to take effect and potentially pulling moscow closer? i don't think the chinese government is particularly looking forward to a wall over ukraine. but if the russian shouldn't been late and western sanctioned should be imposed, the chinese government is ready to give russia helping her. now how, what sort of form would that helping hand take? well, it will be like you say, trying to becoming a market for a range of russians, war materials and goods, particularly gears and energy products. china will be helping russia in terms of your financial services. again, that is all these things are helpful to try the itself. they are not simply helping russia out of o truism. it is mutually beneficial for russia and china. well, perhaps you can tell us a bit more about that tha

china relationship. i want to echo something that was said. i think if you look at it from a point of view and explain a large point of view, values of democracy, to me, that is something that is not going to get you far. india specifically, there is a much more pragmatic approach. if you look at foreign policy, one of the biggest things in foreign policy domestically and internationally has been that it used to be motivated but -- by a sense of idealism. many would disagree with that. there is much more pragmatism in foreign policy. how does india view the world? interviews of some stands -- interviews and substantial disorder taking place. it looks at it and it says look, we have tremendous economic challenges. we have a unstable environment. we have a extremely off cited security geographically. you have got china, you have got afghanistan on one side which is in term all. you have potentially tomorrow in central asia. you got a tremendously volatile environment. there is a big change that is being ta

that china has called on the u. s. to show more flexibility if it wants to break through with north korea or from out diplomatic editor james base. she needed, and judy of she almost killed all this propaganda video has been ad in recent days on north korean t b kim john on is showing off his question skills riding at speed on a white horse, but it is the speed of progress his country's making with its nuclear weapons and miss all programs, it's warring diplomats. there were 9 miss, i'll launches in january a record in a month. and the most recent launch was an advanced intermediate range ballistic missile. ambassadors came to a closed door meeting the 3rd this year. before it even started though, the chinese ambassador made it clear he felt there was a vicious circle and the u. s. needed to do more invoking the summits that president trump had held with the korean leader in 20182019. they should come up with more attractive and more practical, more flexible approaches, policies and actions. we have all seen where have

this is the other china. one more than $600000000.00 people in the country liber less than the equivalent of a $150.00 euros a month. some houses here uninhabited. others have already collapsed. we were lucky to come across a local resident. he told us he was wearing his fire proof jacket along . c the 1st he seemed happy to talk. yeah. but then you i got to avoid the alara museum, a gone boy, i wouldn't get more clear. i have to fetch something or someone's waiting for me. i got your la yoga zora armor. you, you know, bertha, off in work. yeah. yeah. stranger. can't go to the village due to covered. i permanently don't allow porn. oh, oh, no strangers in the village all around them. reasons. oh, philadelphia is no stranger in the village due to the pandemic. we have oh, you know you can go to the town for interview a women we headed to the next small town. the same cause tailing us. most young people in this region of move to the cities. those who live here a familiar with the bits of poverty from the past.

we are not counting on china this year. hopefully, china will open up next year. rishaad: are you rehiring staff in anticipation of all this? piyasvasti: we are not rehiring staff. we actually need a lot less staff than the 14,700 with the current traffic. but what we have done is, we are keeping pilots, we are keeping cabin crews. we are paying approximately 50% of the salaries for the pilots and 47% of the cruise, rather than to lay them off and pay the compensation and then hire them back again. haslinda: post-pandemic, what will thai airways look like? piyasvasti: the cost-cutting is enormous. so, i believe that if air traffic returns to normal, we will see a comfortable thai airways. the traffic at the moment is approximately 12% of the level pre-covid. we estimate that for this year, on average, our income will be 40% or 50% of the covid. naturally, costs are a lot lower. employee costs of come down compared to what it was in 2019. rishaad: thank you for joining us, piyasvasti amranand of thai airways. moving to the commodities space and iron ore after the b

china want to | cooperating on nato. china want to be seen _ cooperating on nato. china want to be seen at — cooperating on nato. china want to be seen at the imminent power of the century _ be seen at the imminent power of the century. some in china would argue that restoration of the 200 year hiatus. — that restoration of the 200 year hiatus. or— that restoration of the 200 year hiatus, orthey that restoration of the 200 year hiatus, or they should be anyway, but certainly, they are on ascendancy of western liberalism. it's ascendancy of western liberalism. it's an_ ascendancy of western liberalism. it's an retreat right now. certainly, russia is very concerned about _ certainly, russia is very concerned about nato's expansion, and is very grateful— about nato's expansion, and is very grateful for — about nato's expansion, and is very grateful for chinese support. there are stili— grateful for chinese support. there are still points of difference between russia and china. russia said nothing about china's adventures in the taiwan strait. and china _ a

and china today? guest: that is a great question and i think that is the question that will be confronting policymakers for years to come. in my view, this question gets to the core of the u.s.-china relations which is that we are facing this challenge in the united states about how to continue to keep china engaged in the free world, in the world, all not compromising our values, because that is the problem that we have after 20 years since china's accession to the wto. we have seen the economy rise, but we have also seen a lot of unwanted authoritarian influence that the china has in the united states and among allies. how to confront that problem while preserving are economical and political freedom at home is the biggest challenge and how well we do not respect will be determining the success of u.s.-china competition. host: should we be looking at imports and exports to measure how united states is doing against china economically? guest: that is a great example because it talks to the good impor

bridgewater has made a lot of money over in china. and he is a big defender of china. but you rode for a piece in fox business saying it is past time for america's leaders to confront head on the ccp which poses the greatest economic and security threat to the u.s. he said he will do everything in your power to end our dependence on china. but you are ceo of bridgewater and they have a deep engagement with china. so what gives? how will anyone think that you're going to be tough on china without background? >> i think china really does present this existential risk to our country. our dependence on china is something we have to break that dependence and we need a whole nation strategy to do it. the pitch i'm going to make to the people of pennsylvania is i've spent my entire life doing the things that are going to make me a great leader to tough-minded fighter in china. i spent the first phase of my career in the military focused on fighting the communist. it was just the communist of the ussr. then i spent the second phase where i was 2005-2 a and six at the highest l

can you talk about covid in the pandemic in china and also how china and the athletes are being protected right now? >> well, it's affect china has low infection rate and the people are not dying from covid, but i have to say, you know, if draconian measures making people suffering in other ways. the chinese government has me covid zero infection ago. you can die from other -- you could die from other things, but not from covid. my performance will be judged by how many people get infected. there are stories, a woman eight months pregnant, she could not be admitted the hospital because she did not have a negative covid test result so she lost her baby as a result. people died from heart attacks because they could not be admitted to the hospital because they do not have a covid negative result. while it is good the infection rates are low, people are not dying from covid, but people are suffering from other things. i have to mention, some people think it is a good policy but people don't actually have a say in how the covid policy is carried out whether they agree with it or not. it is a t

these things are supposed to be fixed within $180.00 days in china. but how much of security concerns were playing a role here, even if the time span, it was quite short. while the thing is, of course, as semiconductors, swafer us has become a global good if you like, of the highest rate of, of the highest importance. and there is a growing growing global pressure and competition for this. the chinese conditions, in my opinion, were a bit of a poison pill, although there, okay, was presented as a go ahead from the state administration market regulation in beijing. nevertheless, there were 5 conditions attached to it, and these include, for example, the necessity to continue to supply these wafers to china and future supply as well . so i think that the german side was actually a bit concerned that these conditions weren't quite his sort of generous and weren't quite go ahead that they seemed to be at 1st glance. so yes, it is a security consideration from several points of view at this point. did you mentioned it? somebody, conductors are in high dema

china!" it's putin now in beijing, not nixon. 0r indeed biden. is there really a common interest here and is china in a position to insulate russia if there is military conflict and the west imposes sanctions? 0n the surface, both countries are getting closer and closer. 0n the eve of the opening ceremony of the winter olympics two weeks a-o, president putin and president xi sat down together. they expressed willingness to stand shoulder to shoulder. they released a long document saying cooperation between the two countries is limitless. when it comes to actually backing russia, if russia are being sanctioned by the international community, by the west, china will also have to weigh it up very carefully. trade between russia and china last year was about $140 billion. its trade with the european union last year was four, five times higher. so china has much more to lose. in the worst—case scenario, if russia is excluded from the us dollar dominated swift international payment system, china

but so, you know, the, china's credit, even if china bought every last grain of corn and soybeans in united states and every pig and cow in the united states, you can take the entire amounts of agricultural output in the united states. they have china bought it all, it still would not close this $200000000000.00 gaps. so on one hand, it does stretch goal. china did everything they could to meet this commitment. but a lot of these large purchases are in the hands of chinese government. and policy makers, so whether it's the purchase of energy which could have closed the gap or the purchase of boeing, airplanes, which could have made a difference in closing this gaps up. they are going to be questions as to whether or not china has fully committed itself to meeting its obligations. yeah, currently of course there's going to be criticism from the united states. either way, no matter what china had done, especially under the bio and ministration note, professor wolf in this report to the w. c. o, the us trade representative made no mention of a phase 2 of the deal. so is the u. s. just g

so then this becomes china's political problem that china won't want that, because china has a very long land border with me and it doesn't want to catastrophe next door. but it's philosophically against intervention if you can avoid it. and it will be signaling perhaps to others that it might feature, but i'm not sure that it will in the current circumstances, the atrocities that we saw from the me and my military during december. i mean burning alive. 31 people who were fleeing violence. i mean with that was on christmas 8th. there was a peaceful protest in yan gone. during december, the military drove a truck at the protesters at full speed, other instances, and other parts of the country where we've seen collective punishment of civilians . so if there was militia action against the military and the military, losing quite often when them, when these militias take them on, they punish the local community by bo, burning alive, 11 people, including children. i mean this, this is a brutal and cruel military that should not be in power in me and my, and i would, and there are and, and the

the you in ports 200000000000 cubic meters per year versus china's $38000000000.00, but china's demand is growing and pipelines are already being built. so let's discuss this relationship further with correspondent in taipei. so soon, hon. so just tell us will the alienation of russia by europe dr. moscow and beijing closer together. oh, not really. the situation now, certainly give china a lot of more flexibility and breathing room and even triggers europe to seek chinese mediation. but many expert told me, china needs russia to create just the right amount of tension in europe. enough to distract the west from being able to focus on the indoor pacific region and not to escalate to full scale war. so as not to create too many uncontrollable variables in international environment, in 2022, the ear of its power transition for china. russia is helpful. our partner to work with doing moments of intense western scrutiny against it. but china doesn't really see russia as a very dependable allied. russia has the wars longest border and china has the most number of neighbors that it shares la

it is a part of china. the british handed it over to china in 1997. how this is going to be solved — no—one has the answer. we will have to see how history plays out again. is this in the end the price we have to pay as western countries for deciding we will not fight actually with our own troops for ukraine or countries in that similar situation? in the end, that comes at a price and that price is, you might not like the word appeasement but you sometimes have to compromise. you can call it lots of different names. if you are not prepared to fight for something, it becomes a question of what concessions you can extract. i think that is what the united states in particular is grappling with. i think the context we have to look to is the iraq war, afghanistan. there is a great fatigue on both sides of the united states about the nation are putting large numbers of boots on the ground overseas or on nation building. what is fascinating and i think very important about where we are now is that an unintended consequence quite possibly of what putin is

that's china. you mention north korea and iran, why all of this activity now cracks -- >> let's go back to the reporter for second. doesn't surprise me a bit, it's what i've been talking about for a long time about the chinese party complete lack of transparency, the desire to live the kinds of life we have the american way, the ideas of freedom and liberty. many of the folks that are reporting on these games from nbc are doing it from studios in the united states because this exact risk exists for everyone who travels into the chinese communist party trap today. i think these things are happening because when you have leadership that's not prepared to do the simple things and say we will put america first and take care of the american people and make sure we are free and fair trade, that it's reciprocal and if the chinese communist party engages in behavior that impacts us, we will close you down if you are spying here on the american people. when administration won't do the fundamental basics of

so this benefit spoke, russia and china. the visit comes as tensions escalate over the presence of more than $100000.00 russian soldiers on its border with ukraine. washington is threatening to impose tough sanctions on moscow. should its forces invade. they ging says russia security concerns are legitimate the intentionally, yeah, here is to send a very clear message to the west that russia has options that russia china relationship is a possible alternative for, for, for moscow that is, is not going to be backed into a corner and leaders are expected to find 15 agreements on issues ranging from trade to technology during putin's visit. russia will increase gas applies to china, and has announced a 30 year contract for a new pipeline between the 2 nations. china already received gas through what's name to the power of siberia pipeline that began pumping supplies in 2019 economic support from china could undermine any western effort to punish any possible russian incursion in crane. but analysts say an even bigger concern, i

claim to the falkland, while fernandez back china is one china policy which claims tie one as its own. so how does the latest agreement stand impact tensions in the region? well, let's bring in, boom, both on an christy i to discuss. christy, let's start with you here. what can you tell us about the disruption caused by the signing in this agreement? and did this come as a surprise at all? i mean, it's going to cause some disruptions as the core of the belgium road initiative is to enhance financial support for china's export settlement to argentina and actively encourage trade diversification. so with this b r i agreement, not only will try to help finance the infrastructure build, but it will also allow it allow argentina to seek financing outside of the i m f. so this is a win win for the 2 of them. for argentina, this agreement will help improve its sovereign debt crisis and the credit level of the local economy for china trade can now be settled in r and b, which is good for the currency to internationalization. and this is also an indication that trade between the 2 nations is e

could china come to russia's rescue? will ask if moscow can rely on its giant neighbor as trade relations with the u deteriorate, and also on the show, find out how 3 d printed batteries could power the drive towards a mobility. this is database business on robots in berlin. welcome to the program. russia is facing an economic backlash over the crisis in ukraine. western allies have been imposing sanctions after president putin ordered troops into the countries east. u. s. president joe biden unveiled sanctions targeting rushes, sovereign debt aimed at cutting moscow off from western financing. the u. s. is also sanctioning 3 members of president putin's in a circle and their family members. and it's frozen the assets of 2 influential banks, including russia's military bank, but the white house as it has tougher sanctions in store if needed. me well, let's look at the e. u, which has agreed to black list banks in vote with the financing or separatist activities in east in ukraine. and also specific measures against the 3

i think we should continue to press hard to designate and describe china, communist china as a genocidal nation. i think that's powerful i would agree. going forward and really emphasizing the genocide is going to be impactful. i've got questions coming in from the audience so i want to give them a chance to be heard. let me throw this question out to any of you or any of you three who would like to take a shot at this. in many respects, beijing's selection as host of the 2022 olympic games was the decision of the ioc which has maintained a path of conciliatory approach towards china. are there any actions that we are our allies couldtake to ensure due diligencefrom the ioc in the future . any thoughts , any insights ? >> i'm happy to take a crack at it. unfortunately the international olympic committee although not entirely impervious to international pressure has driven itself to completely unfaithful actors. as was as fine as was mentioned earlier in the case of the chinese tennis star we saw the president of the international olympic committee aiding and abetting in the chinese parti

between with a wagner and china and there's much more at stake than alcoholic beverages. china is boycotting all goods from the small country. the crisis was triggered by the opening of an official taiwanese representatives office in the lithuanian capital, vilnius. eric wong as ty, ones representative in lithuania and understands how tricky the situation is for his host country. chenise, the party of which is responsible for this. i think china should find a solution. they should step back. lee should not do this any more. and at the same time, we understand that china will continue to bully towns, friend. so taiwan is willing to provide what, what, what ever assistance week we could over as recently as the summer containers were growing from lithuania to china via the new soap road route. in the meantime, china white lithuania from its customs database. the result, the loading terminal in lithuania is at a standstill with the when politicians, blaine, china, d r. c is trying to build a sino centric world, ignore the international world order. and instead of supporting fee market build a sy

and china. paul: let's take a look at bulk shipping rates which have continued to slide from october peak amid the slowdown in demand from china. china's curbs on steel production is capping demand on bulk ships to transport iron ore. freight rates remain above normal with prices six times higher than the five-year average. and bloomberg terminal users can read more about these stories in our newsletter supply lines. shery. shery: nintendo the second quarter in a row as they grapple with a chronic chip shortage likely to persist this year. the profit outlook has a new pokemon title boosts sales. we start with the semiconductor shortage, how bad was it? >> well, in terms of nintendo and its forecast, it wasn't as bad as sony on the previous day. sony cut 3 million units from its forecast, mint only cut one, it's down to 23 million switch unit it expects to sell in the next fiscal year. for console makers overall, whether it's soapy, nintendo or microsoft, they're facing a situation on the back of

china has succeeded -- i grew up in an environment, in china, and when i was growing up in china, when i went to school, all we learned is that the west is the best, and so the focus has always been to learn from the best, even textbooks in universities and high school, sometimes, and they are basically photocopies of textbooks heavily used in u.s. and american campuses. obviously, in violation of copyright. but the education system in china has been focused on trying to learn from the best and steal from the best. when you have a target to hit, meaning you have something to imitate, using government to intervene in the economy sometimes might work well because you can coordinate resources when you know what you learn and steal from, but the u.s. economy is already on the frontiers -- in terms of science and technology. there is nobody else on the frontier to steal a lot from and catch up with. so, when you were already on the frontier the model needs to be different. we need a freer environment for enterprises and individuals to thrive and innovate without asking government permission

ah ah, this is d, w a y from berlin, russia winds, china's backing in. it stands off over ukraine at the start of the winter olympics in beijing. presidents bruton and she showing solidarity and promising to closer ties. also coming off on the show, the european union condemns brush as decision to ban this network, deutsche of alex he w moscow. you're a was shut down this week. in retaliation for germany, fanning thrush as it stays. media outlet park seat lim, fix it, began in asia fireworks at the opening ceremony and the chinese capital light up the night sky as they come to the 1st city to host the summer and winter games. ah hello am i richardson, thanks so much for joining us. the leaders of china and russia have resolved to work together and against the united states vladimir putin met. was she jim pang in beijing, in a choreographed show of solidarity just hours before the opening ceremony of the winter olympics. and the 2 sent a message to the west that they are unified in their opposition to nato expansion. the highest profile guest of the winte

and they're, it's not entirely clear that china will be fully behind russia as well. so it's important media display of unity their view, correct? uh, hold on from that, would that then allow an effect, let's say united states ability to take punitive action or isolate putin, should russia indeed invade ukraine? but it's certainly a limiting factor in terms of russia having something of an alternative. but, you know, really remains to be seen where they're trying to get bell rush out from the massive sanctions that washington, berlin, brussels, london, and paris has. i have promised it's a limiting factor, but it's not one of the primary factors, either calculus or the capitalism to ask what it will do above she and pretended condemned nato expansion. i want to ask you, is that really the reason uprooting would potentially risk russian live and the crippling of the economy through retro butte of sanctions? know the principle of a to expansion is something that we can get a lot about trying to revise the moment through diplomacy. but if he goes to warning and it's real