i am here at taipei vetera ns healthcare. i am here at taipei veterans general hospital where they are already experienced them and effo rts are already experienced them and efforts of ai. while many ai systems are hidden behind closed door, in this hospital, we were given behind—the—scenes access. this hospital, we were given behind-the-scenes access. we had a patient inside the tunnel and he is scanned for his sprain —— his brain to see any metastasised nations from the lung cancer. we can notice patients who come here with anxiety so patients who come here with anxiety so our patients who come here with anxiety so our purpose is to administer and guide —— anxiety, to treat anxiety and shorten the process. in the real world, i have to read the images one by one. it's pretty heavy cool —— heavy physical loading work but with ai systems, can a —— asked ai heavy physical loading work but with ai systems, can a —— asked al to help the images. —— i can ask ai ai systems, can a —— asked al to help

this is taipei's famous, or perhaps infamous, scooter waterfall. it's one of the main routes into central taipei for thousands of commuters every day. it is mind—boggling how many mopeds there are here. thousands of them, and theyjust keep on coming. and you know what? you really get a sense ofjust how much pollution that these guys are probably causing because it stinks, it's horrible, and i think when you're walking around the city, you don't notice but here, you really get a sense of it. it's really quite disgusting. it's not often that you can see, smell, and even feel the pollution in a place. this is an extreme example of a problem that's a growing issue not only in taiwan, but around the world. imagine sitting at a stop light behind a gas scooter that is puffing, you know, puffing just toxic gas into your face just every day. this is what people have to go through every day because they didn't have any other option. air pollutants will affect your health, especially for the respiratory system. pollution and congestion is becoming a very bi

well for more let's cross over to our correspondent hanging in taipei so the turmoil in hong kong has already tipped did interest session are there any estimates to what a protracted unrest is likely to do to hong kong's economy. or just as you mentioned the u.s. senate just passed the legislation to protect human rights in hong kong well if the bill is finally passed then it would lead to hong kong special state has been revoked in which case u.s. would start of you hong kong more in line with mainland china so that is say that they have by opening the door to possible sanctions and tariffs and a radically different business relationship and we know like the reason protests have hurt hong kong's different sectors and many companies they have warned that the protest and weakening economy have caused reputational damage to the city as one of asia's most important financial hubs and so. started more than 5 months ago members of the business community were also out on the street demonstrating now that the situation in hong kong has become much more violent are they still on the side of t

so in taipei thank you so. now washington president from war and he was prepared to escalate the trade war if no agreement could be reached after a relationship with general see what happens but i'm very happy right now if we don't make a deal with general i'll just raise the terrorist even higher thank you very much. u.s. president trump speaking there now chinese e-commerce dry and alibaba is set to raise almost $13000000000.00 in a secondary listing this time on the hong kong stock exchange is aiming to price shares at just over 22 u.s. dollars that's a discount of about 3 percent compared to the price on the new york stock exchange is calling the i.p.o. a vote of confidence in hong kong's markets it was planned for the summer but was postponed due to the unrest in hong kong. planned arbitration darks and ending a strike have been cancelled at the last minute germany's biggest airline has been facing the largest strike in its history as a walkout by cabin crew forced thousands of flight cancellations. you fu

china trade war has on the economy a hand sue stands by for us in taipei 2 we're talking about a united nations study that shows that both the u.s. and china hurting under the trade war and that chinese exports as starts to take a hit in particular how does this impact the economy there. are almost a year of dollars problems tariffs chinese companies are forced to lower the price of their exports to the u.s. and chinese chinese manufacturers they are also suffering from the cost of the trade war that they have been struggling to break even with china as producer price index falling for the past 3 months and china's biggest twice yearly event they count on a fair also saw for the 1st straight client and export orders but the trouble continues so not only the exports imports have also dropped almost every month this year is that in april so remember how chinese president xi jinping said that china will open its markets well in fact behind it that all there's a lot of the pressure from the tray work that is piling on here if he is not able to turn the economy around that he might not be ab

of course on a 1000000000 yen joins us from taipei william what have stuff done to when all these praise and those big bonuses. so ben since the e.u.'s ban came into effect a few months ago. research and development team actually have been working very hard to try to develop alternative chips to u.s. components while also trying to build up his own operating systems because these are very important measures to ensure the hallway can become technologically independent from the us technology because a these chips can actually ensure that they no longer have to import parts from u.s. companies while also in the hallways smartphones can run its own operating system while having to exclusively rely on the entry system for now so would you say all in all the while way is coping without the you wish. so earlier this month. they actually openly call support from high tech companies from japan and europe during a panel discussion he admits that for now chinese companies are very difficult to actually develop its own core alternatives to u.s. technologies because they don't possess the hire and sk

trade war heard both sides according to a report by the united nations to speak up for sponsored in taipei to find out more . and rest in peace and in luxury the moscow bureau trade show presents the crystal started to close in. business on one of the johns and good to have you with us and we start with europe's powerhouse as it continues to slow the council of economic advisors to the german government looks set to trim its growth forecast with 2022 nor 2.9 percent of german daily reports ahead of the body's official press conference later today and while the economists don't expect a broad and to deep recession they still suggest that berlin should to drop its fame to balanced budget policy critics have long blamed billons frugality for crumbling infrastructure and problems with nationwide high speed internet access for well let's cross over to our financial market correspondent chelsea delaney is standing by for us and there she is in frankfurt just let's 1st of all talk about those growth figures of north point 9 percent and germany be content with that. 0.9 percent growth certainly is

there were 2 grandchildren in time and capital taipei. however that didn't deter protesters nearly 100000 of them from turning up to demonstrate against what they called great media or hung me in mandarin but in attendance on the weather that day was really bad we were speaking on a stage and we saw people gathering and listening to us i have to say as one of the organizers of the crater i was the only moved the young people standing 2 to 3 hours in the rain because their motherland and the freedom and democracy they thought cherish is under threat the old ways. the term red itself is relatively new you know obviously the color red is associated with the chinese communist party so red china red medio so this is a reference to both traditional and social media online media content forums facebook pages and whatnot that are deemed to be influenced by or if not controlled by the chinese communist party or. taiwan status has been in dispute since 1949 that was the year to china's communist party led by mouths they don't overthrew the governme

on the suits i'm reporting there from taipei thank you so much. twitter has announced situ begin deleting accounts that have been active for more than 6 months the company sent warning emails to use us if they wanted to keep their handles they'll have to log in before december the 11th twitted didn't say how many accounts fit the criteria although it is expected to be in the millions. this week could be crucial for the future of european space missions the ministers off the east member states meet in spain to discuss how much they want to invest in what kind of projects high on the agenda is the new launch vehicle ariana 6 which cost around $3.00 and a half 1000000000 euros to develop but will it make european space launches more profitable it's a challenge for engineers. europe's new space shuttle is launching into a fiercely competitive market with new financially powerful rifles and it's a biased contest the chinese russians and americans benefit from many public sector orders noticed institutional launches which can only be given to domestic r

he was still unable to break zverev‘s surface of and that means one thing, taipei. this is where zverev took his chance first finding the baseline. and then finding the ace to send him through to the final four finding the ace to send him through to the finalfour sending finding the ace to send him through to the final four sending the world number one home. craig templeton, bbc news. so, the defending champion zverev is through but it means that world number one rafa nadal has to go home despite coming back to beat stefanos tsitsipas earlier today. patrick gearey was watching that one. this was tennis‘s generation game. two men from two eras for stiff unassisted posse, the face of tomorrow. the rainy regime of ruffin at tao and co. have proven so difficult to overthrow. they make it ha rd to battle. difficult to overthrow. they make it hard to battle. if you aussie was out, jeopardy fuelled relentless energy. tsitsitpas in contrast could play in comfort. already in the semi is, he played archly when necessary. over 12 games and a tie—break he traded shot for sh

taipei is the capital of taiwan an island state with a population of 23000000. per capita of c o 2 emissions amount to 10 tons per year which is more than the european average of 7 times per person electricity here is very cheap most of it is generated in coal and gas powered plants chimley levy wants to reduce c o 2 emissions as deputy head of the bureau of energy he supports the move towards renewables. he says about about 10 to 15 years ago taiwan started to promote greener renewable energy to taiwan didn't have any experience in that area so we wanted to find models we could learn from we found them in europe and especially in germany which had made the greatest advances we went to germany and then we introduced various measures most importantly the feed in tariff here in taiwan. we include the cost of renewable energy in the price of electricity in order to offset the extra costs for generating power sustainably. that the problem is very little use is made of solar energy. the state of the subsidies for installing solar panels but few people know about it.

he was still unable to break zverev‘s surface of and that means one thing, taipei. this is where zverev took his chance first finding the baseline. and then finding the ace to send him through

just after 9 am in houston 11 pm in taipei and 6 in the evening right here in moscow this tuesday november the 5th hello and welcome to our to international. a u.s. military convoy has come under fire from turkish fighters near the ton of them here in north eastern syria pensacola officials say their patrol was not hits and that no american soldiers were harmed but given no further details the attack comes as u.s. troops resume positions in areas of the region they had withdrawn from last month the president trumps the head of a turkish offensive it is the 2nd time that militants fighting for the syrian national army have targeted american forces in recent weeks washington's envoy to syria also claims the s.n.a. which has its roots in the free syrian army committed war crimes during and chris operation against kurdish forces in northern syria turkish supported. opposition eery opposition forces who were under general turkish command in at least one instance did carry out a crime and we have reached out to turkey to demand an explanation of turkey has promised to investigate the claims agai

trade hurts both sides according to a report by the united nations to speak john for spawn that in taipei to find out more. and rest in peace and in luxury the moscow bureau trade show presents the crystal started question. from to do that.

let's get with cindy wang in taipei. down to airhis all pods and the shift apple is making toward more wearables? yes, the share price performance of luck share has -- lux share has tripled. the slowdown of smartphones this year has shown that air pods have become a new driver of apple. they stand to be the biggest beneficiary of this plan. they will grow another 50% to about 90 million units. for the stronger demand for air pods also posted another chinese stock. luxhsare's is. >> i think the forecast for 2021 is 100 million air pods sold. >> people could see shipments of air pods raised to 120 million. apple just lush is latest air pod products. that it couldar make a strong demand from consumers. luxhsare has enjoyed some major share if not the only one of the airpods pro. that leads to a serious revision of its earnings estimates from analysts. analysts are still very bullish on the outlook of luxhsare. only one for sale rating and one neutral rating. it still has 80% potential upside from is 12 month target price. i

to film festivals in 2 cities say a lot about one china in taipei the golden horse festival has for years been the showcase for chinese language film with entries from mainland china as well as taiwan but this year china's government in beijing banned its country's filmmakers from taking part instead they encouraged another film festival held across the taiwan strait the golden rooster and shy man on the chinese mainland was held at exactly the same time and beijing snubbed this year's golden horse after a winner at last year's festival used her speech to call for countries to recognize taiwanese independence taiwanese bill my kids and fans are disappointed but pragmatic just itching spite of china's boycott movies from any part of the world would continue to shine at the film festival they are not only hurting the interviewer here to take away the chance to view these films they are also taking away opportunities for those artists especially chinese artists for their work to be seen in their work in international. but beijing imposed the ban to make a point taiwan is and always will be p

there was play off drama too in the latest women‘s lpga event in taipei. american nelly korda won a three way play off to successfully defend the title. england‘s charley hull was the highest placed briton who was tied for 11th place. that‘s all the sport for now. i‘ll have more in the next hour. let‘s get more now on the government‘s confirmation that the freeze in benefit payments is to come to an end next year. the department for work and pensions said working—age benefits such as universal credit and jobseeker‘s allowance will rise by 1.7% from april 2020. but labour called it a "cynically—timed" announcement ahead of the general election on 12th december. i‘m joined by torsten bell, the chief executive of the resolution foundation, a think tank focusing on people on lower incomes. thank you for being with us. for people on lower incomes, is the end of this frees good news? it's good to have a confirmation that the benefits freeze is being ended. we have known for four years that it would come to an end this april, and the government

up here towards the northern part of the island also some storm surge on the northern coast so for taipei expect to see a windy day at $27.00 degrees and then as we go towards sunday things are really going to be improving we're going to see really some clearing skies there but over here towards hong kong it is going to be a nice day with a temperature of 28 while the very heavy rain here across much of south asia is going to lie anywhere from malaysia all the way over here towards the west down here towards the south really not looking too bad job we expect to see some clear skies so for jakarta expect to see 32 degrees there holtzman though expect to see more clouds in your forecast at 32 possibly some rain by the time we get towards sunday and then very quickly over here towards parts of india the rain continues down here towards the south including sri lanka maybe a break in the forecast as we go towards saturday but for tonight expect that rain to come back with a tempter there of 30 degrees and for colombo at $29.00. the weather sponsored by chance on. this powerful social network i

getting better winds are going to be dying down across the area we are going to see attempts are for taipei at $28.00 degrees but across central china though we do see more in terms of rain as we go from sunday as well as into monday temperatures only into the low teens maybe in the single digits there before hong kong it is still sunny still quite warm at 27 degrees as your expected high well the last several days across malaysia has been very very heavy in terms of the rain we've seen rain totals in some locations over about 120 millimeters in just a 24 hour period more rain is expected in this area we're going to be seeing flooding in localized areas there as well up towards vietnam it's going to remain quite dry here on the sunday but more clouds and more rain coming into play by the time we go towards monday as well and then very quickly down here across the southern part of india we've been dealing with a lot of rain as well the rain showers continue for tonight as well as across parts of colombo we do expect to see more rain as we go here towards sunday with a tempter for colombo at

there was play off drama too in the latest women's lpga event in taipei. american nelly korda won a three way play off to successfully defend the title. england's charley hull was the highest placed briton who was tied for 11th place. there were more celebrations for the marquez family in moto gp after alex, the younger brother of marc, was crowned world champion in the moto 2 class. he finished second in the malaysian grand prix following a tough race against winner brad binder. that finish was enough for marquez to take an unbeatable lead in the standings with just one race remaining this season. brother marc has already secured his sixth moto gp title. that's all the sport for now. i'll have more in the next hour. riot police in iraq have fired live ammunition and tear gas during anti—government protests in the centre of baghdad. several people were wounded, and there are reports of two deaths. the demonstrators say they are responding to corruption and unemployment. officials have promised early elections. protests have continued on the streets of ch

me down towards the southern part of china we'll be seeing some clear skies across much of the area taipei on saturday looks quite nice at $29.00 degrees but you do notice down here towards the south getting close to lose on we are watching a storm system make its way towards the west this is going to be some very heavy rain across parts of the philippines and we could be seeing flooding over the next few days there in terms of accumulation we could be seeing well over $250.00 to possibly $350.00 millimeters in that area so flooding is going to be a major issue but for manila it is going to be heavy rain for the big problem there . a story 1400 years in the make. a story of success. and jersey it tells the story. and. the count of. 3. watching al-jazeera let's recap the top stories right now hong kong has confirmed it so qana may plunged into its 1st recession in a decade it's been blamed on the increasingly violent anti-government protests and they ask leading us china trade war. iraq's grand ayatollah ali al sistani has condemned attacks on peaceful protesters in the country he says none

kong coming down to about $28.00 but still very heavy rain showers possible over towards taiwan with taipei at $24.00 degrees there. well that system we are talking about is developing very slowly in this math as clouds that you see right here is going to stay in this general area of the next few days so develop it is going to be slow the rain though is going to be mostly concentrated over here towards the west so the coastal areas of vietnam is where we expect to see the heaviest accumulations as we go towards tuesday as well for manila though it is going to be some heavy rain for you with a temperature of $29.00 degrees while the other part of india we're still watching the smog situation across new delhi that has been going on for the last week and that has been at severe levels at times tempter for new delhi though we extract spec to see about $29.00 degrees as we go towards monday down towards the south though we do expect to see some off and on showers for many locations and she night it is going to be a better day for you with a temperature of $31.00 degrees. the weather sponsored by

quite warm down here along the coast we are going to see in hong kong at $28.00 degrees some clouds for taipei winds coming out of the north there as well and the temperature there is only going to get about $23.00 degrees now here in the bay a big ol we are watching a developing system now this was an old system that was in the south china sea made its way across parts of thailand now it's back in the open in warm water and it is developing this is still cycler matt no indeed we do expect that the storm is slowly going to be making its way towards the north heavy rain is going to be a big problem for parts of myanmar as well as up here towards bangladesh over the next few days so we watching that very very carefully to the south though heavy rain for bengaluru with a temperature of $29.00 degrees there and then here in doha well expect to see a big change as we go towards the weekend watch what happens on a 3 day forecast we do expect to see 32 degrees today a nice day on saturday but by the time we get towards sunday it is going to be heavy rain and possibly thunderstorms with a temperature

much of the area by the time we get towards saturday things are on the improvement we're going to see taipei with a nice day if you still winds in the forecast at 27 degrees there and then very quickly for parts of the philippines things are improving particular up here towards the north we did have a tropical system make its way across and now through we're going to be seeing improving conditions and dry conditions but for milla expect to see $31.00 degrees as your forecast. welcome back you're watching al-jazeera remind of our top stories this half hour gordon song has told the impeachment inquiry into donald trump the president wanted to withhold military aid to ukraine in exchange for an investigation into his political rival the u.s. ambassador to the e.u. also implicated other top officials. china is about to hit back after the u.s. house of representatives approved a bill to support human rights in hong kong and passed the same bill on tuesday in hong kong around $100.00 student protesters remain surrounded by the police on a university campus for a 5th day. also the. new prime minist

exchange, where we bring you today's market moving news from all around the world, from hong kong to taipei, from london to new york and washington. our bloomberg voices are on the ground with today's top stories. in hong kong, a third straight day of protests this rep to traffic across the city and shut down public schools for the first time. chinese state media warned of consequences if the violence continues. going to me on the phone from hong kong is karen leigh. give us a sense of what is happening there. karen: i feel like i say this every time i talk to you now, but there is a bit of a new dimension here today. schools were suspended for the first time during these protests. they will not be in session tomorrow. some universities canceling classes for the month or even the semester. people start to realize that maybe this violence is going to go on longer than just these few days. we saw carrie lam say yesterday she wasn't going to back down on protesters' demands, that violence wasn't the answer, and yet people came out and disrupted the morning commute for a third day in a row. cro

rishaad: let's kick it out to tim culpan in taipei. he said this company has a dilemma and perhaps it needs to do a buyback. tell me, does it need to do a buyback? had they run out of ideas with what they should be doing with their money? about buybacks often, people see them as a way to prop up a stock that is share priceith the is not doing well. a company like baidu, who has done buybacks, ways to look at doing a buyback, they do not need to do it, but other , such as apple have done buybacks. priceof apple stock appreciation because of buybacks. arians and billions of dollars , so no, alibaba does not need buybacks, but they do not need $33 billion. i do think that will be on the cards. talk to us about track records. had success has the company ? because they do not need the money. >> they are throwing off cash , so theyy quarter could basically go to zero today and still have $5 billion by next quarter. if you look at their track record, they have invested in a lot of companies. , theyelivery, logistics have not been good for mar

to film festivals in 2 cities say a lot about one china in taipei the golden horse festival has for years been the showcase for a chinese language film with entries from mainland china as well as taiwan but this year china's government in beijing banned its country's filmmakers from taking part instead they encouraged another film festival held across the taiwan strait the golden rooster shy man and the chinese mainland was held at exactly the same time and beijing snubbed this year's golden horse after a winner at last year's festival used her speech to call for countries to recognize taiwanese independence taiwanese the filmmakers and fans are disappointed but pragmatic decision in spite of china's boycott movies from any part of the world would continue to shine at the film festival they are not only hurting the interviewer here to take away the chance to view these films they are also taking away opportunities for those artists especially chinese artists for their work to be seen in the work in the international. but beijing imposed the band to make a point taiwan is and always will b

up here towards the northern part of the island also some storm surge on the northern coast so for taipei expect to see a windy day at $27.00 degrees and then as we go towards sunday things are really going to be improving we're going to see really some clearing skies there but over here towards hong kong it is going to be a nice day with a temperature of 28 while the very heavy rain here across much of south asia is going to lie anywhere from malaysia all the way over here towards the west down here towards the south really not looking too bad java bali we expect to see some clear skies so for jakarta expect to see 32 degrees there holtzman though expect to see more clouds in your forecast at 32 possibly some rain by the time we get towards sunday and then very quickly over here towards parts of india the rain continues down here towards the south including sri lanka maybe a break in the forecast as we go towards saturday but for tonight expect that rain to come back with a tempter there of 30 degrees and for colombo at $29.00. the weather sponsored by countdown and. white supremacist vi

kong coming down to about $28.00 but still very heavy rain showers possible over towards taiwan with taipei at $24.00 degrees there well that system we are talking about is developing very slowly in this methods clouds that you see right here is going to stay in this general area of the next few days so developing is going to be slow the rain though is going to be mostly concentrated over here towards the west so the coastal areas of vietnam is where we expect to see the heaviest accumulations as we go towards tuesday as well for manila though it is going to be some heavy rain for you with a temperature of $29.00 degrees while the other part of india we're still watching the smog situation across new delhi that has been going on for the last week and that has been at severe levels at times tempter for new delhi though we extra expect to see about $29.00 degrees as we go towards monday down towards the south though we do expect to see some off and on showers for many locations and shinai it is going to be a better day for you with a temperature of 31 degrees. the weather sponsored by cats al

be getting better winds are going to be dying down across the area we are going to see a temper for taipei a $28.00 degrees but across central china though we do see more in terms of rain as we go from sunday as well as into monday temperatures only into the low teens maybe in the single digits there before hong kong it is still sunny still quite warm at 27 degrees as your expected high well the last several days across malaysia has been very very heavy in terms of the rain we've seen rain totals in some locations over about 120 millimeters in just a 24 hour period more rain is expected in this area we're going to be seeing flooding in localized areas there as well up towards vietnam it's going to remain quite dry here on the sunday but more clouds and more rain coming into play by the time we go towards monday as well and then very quickly down here across the southern part of india we've been dealing with a lot of rain as well the rain showers continue for tonight as well as across parts of colombo we do expect to see more rain as we go here towards sunday where the temperature for colom

particular historic moment and say oh english has taken over soon every religious speak english came out of taipei oh english has taken over soon every religious speak english came out of time then that in english it has been done been dominant and isn't actually that we have had serious it's very high it's a new priority should court officials to a forest or a pothole and part of them paired her to her to saturday say they greet the carry on because they're fire there are other women around him and put in by a pirate oversleeping. a lot a lot of language which is english comes with its own cultural baggage and i wanted to use english. as for this whole cultural baggage and i want to as as a both a scholar and a speaker of english is that i said and as i have both a scholar and a speaker of english is there anything in it. i don't like her brother don't cops love fargo bryant you have hope for the new pope was being. you know put in well we'll let you know an inch of language it's. going to be so they're going to be something things that are required and then they're going to be to be something th

from tokyo to taipei, from qual lamb pure to colombo and from perth toport blair. in most of those places i ran into richard at some point along the way. one of the things that struck me in all of these places is capital -- capitals, these regional centers, is i heard very similar concerns about the rise of china. every country had its own priorities and interesting but we could categorize them or compartmentalize them into four broad areas. of shared concern. the first had to do with the lack of transparency of decision making. china's no longer an inward looking country. it has global interests. it's playing in very active economic and diplomatic and security roles in many different parts of the world. but for the first time in a century, we're seeing a truly global power, perhaps with the exception of the soviet union, a truly global power that has a closed system of governance. even when decisions are made in beijing, they're viewed with a great deal of suspicion. a second broad area of concern had to do with the lack of economic reciprocity. there was a view t

for joining us from our taipei bureau. we have an alert on the bloomberg now. onry kudlow commenting u.s.-china trade talks speaking in washington, d.c.. he says the u.s.-china negotiations are down to short strokes on that phase one deal, this on the back of news of sometially, we are seeing challenges in regards to farm purchases with china not agreeing on those monthly, quarterly, and annual targets the u.s. wants to see. we saw the reaction pretty sharp with chinese yuan erasing earlier losses to strengthen while the u.s. futures market is also slightly higher. we also saw the japanese yen, which was stronger on the risk demand now risk-off starting to weaken against the u.s. dollar as well. swift reaction to china-u.s. trade negotiations headlines. all of this china but -- tension between china and the u.s. has affected the economy. we are counting down to data due in less than an hour. joining us from beijing is standard chartered china economist lan shen. we have seen data in china missed estimates, but it seems the property sector was holding up as one

three years, i spent a lot of time crisscrossing what we now call the indo-pacific region from tokyo to taipei, from kuala pur to colombo, to honolulu to hanoi. most of the place i ran into richard somewhere along the way. one of the things that strike me and all of these places is capitals, regional centers, naval bases was very similar concerns about the rise of china. of course, every country has its own priorities and so its own interests. but broadly speaking, we could categorize them or we could compartmentalize them into four broad areas of shared concern. the first that had to do with the lack of transparency of decision-making. china is no longer an inward looking country. it now has global interests and is playing a very active economic and diplomatic and security role in many parts of the world. but for the first time in a century, we are seeing a truly global power perhaps with the exception of the soviet union, a truly global power that has a very close system of governance. -- closed system of governance. even when decisions are made in beijing, they are viewed with a great deal

taipei is arom bloomberg opinion tech columnist. he has been following the story closely. how much of a surprise was this? >> we knew there were going to be losses, substantial. .ut i knew there would be a loss on the publicly traded scares but i did not know they would write severely.k that it is well above my expectations and most were probably taken a surprise -- by surprise. francine: you had a column saying muscle he or she desk -- masayoshi death really needs that billion dollars. that desperately needs billion dollars. >> the average investor cannot get access to the vision fund, but they can buy shares in softbank. so that is a really important relationship. is that most of the earnings of the vision fund are not actually in investments they have sold off and gotten cashback for. purely on quarterly evaluations of the portfolio they have. 70-80% of the portfolio is private market companies. a lot of them are in asia, but also the u.s.. they are basically vc companies. only 20-30% are public companies like uber and slask. lack. is -- s so it is difficult to know wha