the situation in beijing is very bad. and that's after and already very difficult year for us with constant corona, virus measures. we have to leave abruptly, the police are approaching, it seems they trying to stop all interviews about pandemic restrictions. we also wanted to talk to this person a food delivery driver, but he canceled shortly before he sent us videos from the police station after 5 hours. he was released authorities in china, i getting if a twit shia videos on social media show new temporary villages that looked like prisons. beijing keeps asymptomatic cases locked up in here. we are, after nearly 3 years of corona restrictions, many peoples patients is running out like here at apple supply of fox con. we workers were locked inside for weeks. this protest fueled by an additional blow. the loss of work has promised. pandemic bonuses on friday demonstrations also broke out in orem. she, the capital of gin john province has been locked down for 109 days. now, many people cannot leave their homes. the proteu

and macau, from portugal, the 2008 beijing olympics for china on the world stage. john was also criticized over the repression of fallon gull, religious or minority. so fabulous craft rome invasion and clearly a very important figure in chinese history. yes, i mean, i think he's leaving him very ambivalent legacy, but also a legacy as an economic reformer that until this day actually has not been fully appreciated. in my opinion, he came to power in 1993 as a president, and at that time he was made mostly seen as a compromise solution as a barrel credit. but that turned out to be a false assessment. so politically, he will be remembered and criticized for the very violent and correct on the file on gong religious sect and are on the, at the same time, economically. he was a reformer under his presidency, china ur joint, the world trade organization, which was a huge milestone in the economic rise of china. and what i find really very interesting is that a while he was in power actually gentlemen, was not particularly popular, but now there's a huge nostalgia for hi

to rush to beijing very soon after this latest communist party congress here in beijing, which crown she, jim ping for a 3rd term in office. you know, something that many people see pointing to him, kind of creating a dictatorial role for himself rather than the sort of that the collective communist government that has been the norm here for the last few decades. the fact that he brought a business delegation being taken as a sign that you know, this is a return to the ssl corporatist approach towards china. that that was the hallmark of of angle a miracle. and sholtes, i think it was under some pressure and then did deliver some fairly clear messages on a range of issues. we've already talked about russia, ukraine. he also talked about shin jang, for instance, denying that talking out or speaking out about the civil rights to the human rights violations going on in chin. jang is some sort of interference with a chinese intern, internal affairs, which is usually beijing's line or rebuffing. those criticisms are also talking about i want the increased concerns that have been raised re

even he and bait beijing in general. i mean, in many cities to people are really fed up by this really excess of implementation of locked down said is again and again, causing deaths. i mean, this is not the 1st example in, in room 2 that you know, people were dying because of the side effects of luck, dance. thank you very much for that update. and best of luck to you as journalist having crash were in beijing, we can take a look now it's another story making is around the world. the united states has banned the sale or import of communications equipment from chinese firms. while wy and z t regulators say they pose an unacceptable risk to national security surveillance equipment produced by several other chinese companies has also been banned. the west fierce china could use such equipment to spy on it and its allies. in taiwan, people are voting and local elections overshadowed by tensions in china. the polls are a test of strength for ty, one major parties, and the results are likely to be closely watched by beijing a

how does beijing handle this? >> i think a couple of things are important to bear in mind, especially when you think about protests and authoritarian systems. one is protests are not as rare and china's we often think they are from the outside but they tend to be isolated. students, workers, livelihood issues. what we have seen here is livelihood issues, which the government tends to tolerate and political questions are coming together thanks to covid and it's creating a situation where we have protests across china come across cities triggered most recently. but this is long-standing frustration: that is difficult for the government to respond to. you can see it was much easier for them to impose the ciccone and rules that kept covid at zero. much harder to take a nuanced approach today. shery: that is my question. what we have been seeing so far, because we have one leader, one solidified third term president, course correction in a system like this, a centralized system would be easier. why not now with covid z

that is valiant catcher in beijing . meanwhile, t hi. once president, sighing one is stepping down as leader of her party. i campaigned in local elections on a platform of defiance against china and upholding ty, one's democracy. but voters flocked instead to the main opposition party. a startling outcome in tie one's local elections. generally these poles focus on domestic issues that hit voters close to home. but president, shy in when took a different approach in the face of been increasingly belligerent. china, now she sought to frame local votes as a fight for tie one's freedom and democracy. wars is how i give her that. are the strategies backfired? i changes the result of the election, an oil is leaking effected on the she hm. they saw them change their check or, or, you know, see harrison writing partner half her responsibility. she, i therefore resign from my people. i'm a thought. okay, is it by dragging international issues into a domestic election? analysts say try lost the attention of citizens more concerned with crime rate

in beijing they resisted from having wholesale lockdowns. they would go to committees and say you lockdown for five days -- communities that you would like to for five days instead the usual three weeks. they have been trying to adjust. has not necessarily been producing the same results. i would like to ask you why isn't everyone is talking about china with 30,000 cases when japan has 6000 cases a day, -- 60,000 cases a day and literally 30 times more deaths. it does not seem to bother anyone out there. it is not a topic of conversation. from beijing's point of view they are struggling to do this. you think they do not want economic growth? this has been the main hallmark of the entire chinese economy for the last 40 years. this idea that they are doing this to frustrate their citizens is nonsense. the fact that we are discussing this now as if it is a major issue, when there are much larger ones out there, kind of indicates a media bias, don't you think? cyril: why think, one reason we are discussing it is because we are seeing, what you m

almost 3 years since the start of the pandemic is putting beijing's 0 covert policy under increasing pressure. shine is normally bustling capital, resembles a ghost town with neighborhoods locked down and whole district cut off. we have an appointment with jungling pung, a temporary worker who once helped us move. 15 days now, he's been forbidden to leave his reasoning to complete. yet i'm like, hey, we can't earn money any more. the, the situation in beijing is very bad, and that's after an already very difficult year for us with constant corona, virus measures. we have to leave abruptly, the police are approaching, it seems they're trying to stop all interviews about pandemic restrictions. we also wanted to talk to this person a food delivery driver, but he canceled shortly before he sent us videos from the police station after 5 hours. he was released authorities in china, i getting if a twit shia videos on social media show new temporary villages that looked like prisons. beijing keeps asymptomatic cases locked up in here. or after nearly 3 years of corona restrictions, many peop

it's really being driven by beijing primarily. xi jinping is the protagonist in this whole evolution. he wasn't sure china is self-sufficient. he also wants to create the quote powerful countermeasure of making industrialized economies increasingly chinese supply chains. so they can use them as a leverage against australia and sweden and other countries. they have to recognize with the gain is. then attempt by xi jinping to accumulate coercive leverage over u.s. businesses. and in other foreign countries and their governments and economies. and act accordingly. people have to hedge it is not fun cap to uproot from what had been this production it was easy for many years to set up in china. you have everything you needed for supply chain. there were whole cities that were devoted to just one industry. he would have it watch making city everything you needed to make cell phones and smart phones. companies are going to have to capitol expenditures to build new supply chains so they do not find themselves completely caught out and at

hours of sunday morning local time. protests have also taken place in several other cities including beijing. the rallies are a rare to fight of chinese authorities with some demonstrators even calling for president she jim pink to resign. earlier this week, 10 people died, an apartment block fire engine chan, province. many residents said an ongoing lockdown had hampered rescue efforts. chinese officials have defended their 0 coven policy despite the growing public backlash. on the scale of these protests have a stunned people, both inside and outside of china. i earlier spoke to our chorus chit, spoke to a correspondent, javion crutch more and asked him that jest how unusual these scenes we've been seen really are extremely unusual. i think the last time that we've seen so many of the public poets protests at the same time happening. he and china was in the ninety's, i guess. so it's really unusual. the most critical protest, we're definitely in shanghai, you hit the crowds shouting, yard down was sitting pink down. was the ccp that has really, really a very unusual because it comes at a g

and that's the fate that many, beijing, us, or, i mean several 100 millions of chinese in the country are facing right now. so i'm not the only one to tell us more about the events in or, and she yet, there was really a very tragic incident on thursday night. a fire broke out. there wasn't a high rise residential building on the 15th floor. and yet the claims of it, you know, those 10 deaths could have been prevented if there was not a, you know, an excess of looked on because the rescue workers, they needed a very long time to get to the building. am because of all the fancy vista restrictions of movement, then also the a people in the compound they could not leave so easily because there were locks. apparently the fire exit also is supposed to have been locked. and i mean, that's very credible. i've seen that and also karen teen facility. see that, you know, the exit, are you really with an iron locked m a close to? so, i mean, that's very tragic and it's not the 1st time that people are dying because of the tragic side effects of those locked down. it's rudy and sparked a lot of an

shanghai, beijing. these are right in the middle of shanghai and beijing. let's get more on these protests. what is the latest that we know? >> the protests did flare again in shanghai and beijing in particular overnight as well. taking you back to where they started. we started to see push back night especially for residents in beijing not wanting to be taken into quarantine nets which is compulsory if you have covid or close contact with covid. these began to snowball. on saturday a widespread protest in shanghai caused a lot of attention where people were marching down the streets. there was an incident in the west that seemed to feed a lot of these protests where a building was on fire where people were in alleged lockdown and a number of people died. that classic pushback against what people see as unreasonable covid curbs continued overnight. over the weekend we saw them in many different places in china no. university campuses in the east for example. a lot of different places even in wuhan where the virus started and where covid zero started and was

yeah, i'm in beijing very close to the embassy area. also the area where many foreign correspondents live and i think it's not a coincidence that the protesters have chosen exactly this area behind. you're behind me, you can see a lot of police cars and at least several thousands. i would guess approaches to say they're clustered in 2 separate groups. it is peaceful, but they are shouting really very critical slogans. for example, the country belongs to the people, not to the party, et cetera. it's really quite remarkable. i'm mostly young people here. 11 a m in the nighttime and still a lot of people here and it's not escalating, it seems peaceful, but also the moot is quite, quite explosive. i think many people are very frustrated. you can give us some context because we've seen protests all around the world for lots of issues, but especially cove. it what makes these so remarkable in china? well, i mean, in china, if you post something critical about the government's pandemic strategy that could already lent you in detention. i'm, yo

also coming up, beijing reports a record number of new covert cases. the serge threatened to put china's official strategy of targets, had locked downs and quarantines to the test. and iran loses to england in their world cup match. but the team makes headlines for other reasons. we'll find out why i am manuscripts mccain and welcome to the program. we begin in indonesia where power outages and land slides are hindering the search for survivors of a deadly earthquake. fallen trees and debris are blocking access to many areas where civilians are still believed to be trapped at $5.00 magnitude quake struck the main island of java, killing at least $162.00 people and injuring hundreds more. authorities say some of the victims with students at an islamic boarding school who had just finished their classes, breaks by break rescue team, search to the wreckage for signs of life. many here and she and you're close to the api center of the quake were left trapped inside their home schools and businesses . as buildings caved in or collapsed. this just one of the

marking a turning point in relations— beijing marking a turning point in relations between _ beijing marking a turning point in relations between china - beijing marking a turning point in relations between china and j in relations between china and the west. and wakanda forever — the long—awaited sequel to the oscar winning film — black panther — has had its european premiere in london. welcome to our viewers on pbs in america and around the globe. the former prime minister of pakistan, imran khan, is recovering in hospital after being shot in the leg at a rally on thursday. one person died and several were injured when a burst of gunfire hit mr khan's vehicle in the eastern city of wazirabad. his supporters took to the streets in several pakistani cities after the attack. from pakistan, our correspondent samira hussain reports. thursday's protest march started like all the others, and then this happened. rapid gunfire. footage shared on social media, confirmed by the bbc, shows a conscious imran khan with a bandage on his right leg being taken to hospital. here, you can see

that vernon is over dependent on trade with beijing and an occupation official says russian force are likely to abandon the city of her song as ukrainian troops continued their advance. ah, i'm a hell of a 100 welcome to the program. pakistan's, former prime minister emron khan is recovering from surgery and hospital after surviving what his ada, calling an assassination attempt. khan was shot while leading a march from the city of was there a bud to the capital is from a bud. police have arrested the via suspected gunman. a warning our report contains some graphic images. ah, there's a party atmosphere as him. round cons convoy calls into town. ah, then out of nowhere, a series of gunshots filled the air. and pakistan's, former prime minister, goes down. his quickly carried away and taken to a place of safety. clearly in pain, he suffered a gunshot wound, scans later feeling, bullet fragments in his leg. and he's not the only one injured of the iran. con is safe and being told at one friend has died. some others are seriously injured. why the little while later, the 70 year old appea

well, thank you very much for bringing us up to date is valiant catcher in beijing? well this has tie once president sy in one is staffing down as the leader of our party. so i can paint in local elections on a platform of defiance against china and upholding ty ones, democracy. but voters instead flocked to the main opposition party. a startling outcome in tie one's local elections. generally these polls focus on domestic issues that hit voters close to home. but president, shy in when took a different approach in the face of been increasingly belligerent. china, now she sought to frame local votes as a fight for ty, once freedom and democracy was entirely dependent on the strategy. backfired. hi, changing the result of the election and loyal as league effected on the she hung, they thought them changing the jekyll or yes, the harrison learning partner half that responsibility. and she, i bet poorly shine for my people. i'm a pot. okay. by dragging international issues into a domestic election, analysts say try lost the attention of citizens more concerned with crim

once in beijing, sholtes called on china to respect international law and increase pressure on russia. but it's quite likely the powerful business delegation traveling with him left a bigger impression than his words. on the call for the him, berlin. and this is the day ah, i think the 2 messages that a cummings engine with human rights are universal. i think the 2nd question though, is the message that was sent with the business delegation. we do not believe in decoupling from china. being able have interpreted as the more important priorities really still fall in the japanese part, which was still from that perspective quite heavily focused on the commercial relationship. also on the shelf fears of more political violence, as the u. s. heads into the 1st major election since 2020 and a climate of increasing radicalization. the mid terms promised to put the strength of american democracy to the test. and we look at issues like the attack against lucy. you know, we know that the attacker was there, inspired in part by a lot of their really concerning rhetoric aimed at speaker policy.

once in beijing, sholtes called on china to respect international law and increase pressure on russia. but it's quite likely the powerful business delegation traveling with him left a bigger impression than his words. on the call for the him, berlin. and this is the day. ah, i think the 2 messages that a cummings engine with human rights are universal. i think the separate question though, is the message that was sent with the business delegation. we do not believe in decoupling from china. hopefully they will have interpreted as the more important priorities really still called japanese part, which was still from that perspective quite heavily focused on the commercial relationship. also on the shelf fears of more political violence, as the u. s. heads into the 1st major election since 2020 and a climate of increasing radicalization. the mid terms promised to put the strength of american democracy to the test. and we look at issues like the attack against lucy. you know, we know that the attacker was there, inspired in part by a lot of their really concerning rhetoric aimed at speake

we would see three cases in beijing and he would not feel too concerned. how is this impacting china's covid strategy? rachel: that is the question that people have for china right now, what is the exit plan? we saw that china did come out with a new directive to say we have to pull back on this measure and we need to be careful of the economy, but as the virus is spreading so quickly as the cold weather comes and we know the contagious variants spread very fast if we do not have mass testing, so china is trying to walk the middle road between suppressing the virus and not disrupting people's lives. we are finding out that it is not very possible. tom: are we looking at a pivot point for this policy? rachel chang in hong kong for us covering what is happening in china and the mainland. coming up, black friday in focus. we will dig into retail and consumer spending on what is one of the biggest business shopping days of the year. this is bloomberg. ♪ tom: welcome back to the open. we are 23 minutes into european trading day. you are seeing losses of 0.1%

beijing cannot military -- militarily coerce taiwan. i think it's more about having important conversations and opportunity for the president to really clear -- be really clear about the cost that beijing will incur if it makes some of these faithful steps -- fateful steps that they seem to be fantasizing about. >> do you have any points to the long-term equilibrium here? >> basically what matt said, -- >> i don't think we'll get to strategic clarity and one meeting. >> i think that from biden's perspective we have articulated clearly and from beijing's perspective, if they were suddenly across the taiwan straight, they would have some mid to larry -- some military reaction. i think his comments have clarified his own view on this, it is different from a subsidence -- which we aren't there yet we are just sort of aydin and then walk backs. we will constrain -- biden and then walk backs. president xi has just come out of the 20th party congress, third term, he has his team in place. china has a weak economy but frankly so does everybody.

[000:00:00;00] ah ah ah ah, the we news live from berlin, beijing. the poise more security forces to quash protests against china. iraq covert policy, lengthy quarantines, mass testing and lockdown are leading to growing anger and even public calls for president she to resign. coming up for skew teams continue to search for survivors of a landslide in cameras. authority say more than a dozen are dead, and many are still missing in the capital yell one day. and christiana, rinaldo plays an unusually small role in portugal. when asked the world cup, while you'll find out if he actually touched the ball on this goal. ah, i'm not really, it's great to have you with us. we begin in china a pandemic and protests. beijing is clamping down on demonstrations against it's unpopular, 0, coven policy. for days, crowns have rallied in beijing, shanghai, and others. and he's calling for an end to lock downs. and in some cases, even for president, she doing things resignation. this is extremely rare. and china solidarity protests have also spread around the world.

yeah, i'm in beijing very close to the embassy area. also the area where many foreign correspondents live and i think it's not a coincidence that the protesters have chosen executive area behind you. behind me you can see a lot of police cars, and at least i would guess approaches to say their class them into several groups is peaceful, but they are shouting really very critical slogans. for example, the country belongs to the people, not to the party, et cetera. it's really quite remarkable. mostly young people here. 11 a m, the nighttime and still a lot of people here. it's not escalating, it seems peaceful, but also the movie, quite, quite explosive. i think many people very frustrated. yeah. those protests that are happening. and so many cities at the same time unfolding that has not happened since the 19th, i mean in several decades. and really the people they unite and they feel that you know, alons, they cannot do much. but in a math, in a group, they feel much strong. it's really quite a historic experience. in my opinion. i mea

blank pieces of paper held aloft by protesters like here in beijing. a silent rejection of censorship. this rally just one of dozens that have sprayed across china. oh, just hours early, a huge crowds turned out in shanghai in a re, a defiance of chinese authorities. years of pandemic locked downs have pushed people here to the limit. hundreds face down police and hold on president gigi and ping to step down many in the crowd, refusing to hide their identities, despite potentially severe consequences for their disobedience scuffles eventually broke out with offices warning the crowds to move back as police reinforcements arrived. a woman can be heard yelling, you were employees, you have food to eat and money to make. what about us? it's been 3 years. saturdays protest came to a heed following a candlelight vigil for the victims of an apartment 5. it's shaken the country. at least teen died in the blaze which brought out on thursday and the northwestern city of odom. she many have blamed the deaths on lockdown restrictions, which they say hemp at rescu

we have a look at the 3 day for beijing. we are going to sub 0 levels from tuesday that remains rather clean up by wednesday, and we can move across to south asia. it's much cooler across more northern areas pushing into central asia. but down in the south temperatures. * are where we expect them to be, it's largely quiet fine and dry here, just a few showers, kissing into that western coast of india intensifying for places like con africa and carola, as well as southern areas of sure lanka much why on the east coast of india with some showers affecting me and my to with sponsored by catch all day ways with oh, hello, getting your watching as a reminder of our top stories this, our hundreds of people in cities across china have protested for a 2nd day. demonstrators are calling for an end to present. she, jim, things, 0 kogan policy turkeys. defense ministry says it is planning to conduct the ground offensive in northern syria, in the coming days, they're targeting kurdish fighters from the y p g on good. i cra blames the gr

i'm a little more relaxed. 0 corporate policy in person teaching has been halted in some schools in beijing, by part of a southern city has entered the 5 day lockdown. he's the sport authorities mean by relaxation, in strict europe cobra rules plus napalm. bullshit of parliamentary election where the stakes are high, but so is voted this satisfaction with politics for you to have the details. ah, my british manager, welcome to did up the news asia, it's good to have you with us. china capital beijing has closed several school districts offered a sergeant cobit 19 cases and is urging residents and its hardest hitting areas to stay home over the weekend. beijing reported to corbett 19 dead. the 1st in the country since may. meanwhile, the whole city gone job began a 5 day lockdown of its most populous by you. district. china has made adjustments to with 0 forward policy, judging local authorities to deploy. targeted closures. rob and touch, all locked arms. but even with the changes, lockdown, fatigue is still palpable. when should i truly don't? you can't go anywhere. there will. everything'

a fabric crunch more in beijing. ah, day 3 of the walk up in catawba produced a result. few would have predicted saudi arabia have beaten pre tournament favorites argentina to juan. and they are based at work. one of the biggest at woke up bra upsets in history, a lima talking from dw sport is fair to pick through the cotton oxen. welcome to lima. let's start without that, how big an upset was this? it was big hammer and it was also one of the best matches of the tournament. so far you had a phenomenal atmosphere. both the argentinean and the tardy fans were making so much noise. and this is also one of the 1st games that asked in because it was so good. it also managed to take the attention of off all the politics and the controversies and kind of put the spotlight back on the sport on the actual game. and net, but to some of the match, it was a tail of 2 halves filled. it was an uno mas see through a spot kick, gave argentina the lead, and argentina was doing really well. they had a lot of missed chances. and i don

john, what is the latest in beijing? john: we had these protests overnight that were extremely unusual. i have never seen protests of this size against the governor or against the government policy in the 10 or 11 years i have been in beijing. 200 people, maybe 1000 last night in central beijing holding up white pieces of paper that have become a symbol of these anti-zero covid protests. we saw the same thing in shanghai, in wuhan and in other parts of china. i think it speaks to how fatigued people are with covid zero, how tired people are of testing, of the lockdowns, and of course we had the fire in xinjiang to set off the protests , 10 people having died in that fire. ending for many people, that could have been the moment. even in my compound, there was a building that was quarantined that had its doors locked. i think people were thinking, what if there is a fire in my building, what is going to happen to people? david: how much of this also is -- the difficulty of taking the central government's 20 point plan and

we are live in beijing. >>> and shoppers out in full force as black friday sales hit a record. >>> more fallout with adidas after the deal with kanye west. >>> and bob iger is set to tell staff at the all hands meeting today. >>> it is monday, november 28th and you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's take a look at how stocks are faring we have just hit session lows in pre-market trading dow indicated lower by 239 nasdaq off 132 s&p down 38. stocks coming off a winning short week all 1100 s&p sectors ending higher with utilities surging more than 3% on friday, the dow closed at the highest level since april 21st it is the midcaps with the biggest gains. s&p 500 and s&p 400 midcap out performing among the biggest gainers is lattice and crocs and gap. let's get a check on bonds and where-ye where yields are faring. 10-year treasury is below 4% in energy, oil with big moves there coming off the third straight week of losses. down almost 12% this month down 3% at this hour on the growing concerns around china. crude as y

a fabric quadra in beijing. awe on day 2 of the guitar wall jack cup, iran's national football team dominated the headlines not with the school, but with an act of protest against that government. sam before they kicked off their ill fated 1st group match against england. a silence that spoke louder than words as iran refused to sing the national anthem ahead of kick off in the match. they held firm for 35 minutes, but then 19 year old jude bellingham headed in for his 1st england girl. and the flood gates opened. the car you sucker doubled the lead, mixed with a supervisor strike 2 minutes before the break and in injury time raw him sterling added another to make it 3 mill at half time, 2nd drab, to fall for england in the 2nd half. but iran got off the mark shortly after the 65th minutes, but hopes of come back with dentist. as marcus rescued added to faith and jack 3, lucius 6, a late iran go from the penalty sport did little to dump him england's mood or improved. this of the arabian team left that game at d

but this is not beijing or shanghai. this small gathering is taking place in hong kong business district at its heart, a vidual to remember those who lost their lives in a building fire last week. in the city of a rom, she 10 deaths. it's alleged that were caused by china strict cove. it matches and it have sparked this way, but demonstrations, just like in cities across the chinese mainland. here they hold up blank sheets of paper, now a symbol of descent in his growing movements, all under the watchful eyes of the authorities. getting the situation in china has gotten worse and worse over the past few years. people's basic demands are ignored . we still wear carto. yeah. we just want to live like humans school. so what that's young a young, legal thinking. what is the hong kong receptive suffering from this regime for so many years there for we share the same feelings. you know what i mean that we a mainland chinese are facing the same public earlier. yeah, i think it matters to hong kong like, and even the world like

and beijing residents are being urged to stay at home at mid rise in cases of coven 19, rather than a blanket lockdown authorities in the chinese capital r, trying more targeted meshes. but say they're still committed to a 0 cove. it policy ah, i'm all on psycho, it's good to have you with us. you in climate talks are dragging on past their deadline as well. latest wrangle of a how to compensate countries batted by the impacts of climate change. the big sticking point is the establishment of a fun to provide cash for vulnerable nations. the eve is backing the proposal, but divisions remain a who should contribute and who should benefit? the use, surprise, awful has shaken up climate dogs. we more heard, good morning was the european commission, vice president, as the block will agree to a lawson damage fund, but only as long as countries like china contribute to it. huge steps forward. this is our final offer, this is where the member states can find an agreement. and i, i have to thank all of them for, for the courage to go to go this far. but this is it. lawson damage is the idea of

what are beijing? 0, po, coven policies. doing the chinese economy well as of 2022, we have estimated the seal covey policies. i restrictions, immobility, basically, any kind of lockdown of or, or other measures to have wiped out as much as 2.3 percentage points of growth. in other words, if china in the year which is likely around 3 percent, you would be in id all girls boss, if he hadn't in much closer to the official packet, it would have been 5 point kil, either get close. if i went by 3 plus the target, so either way, one could even say that because of the call me and jen has missed that growth tag. but i can understand that that might be less important than than saving lives and everything else. so, but i'm the same, it is costly that said gear. all right, so at the outset of this conversation, we see that there are competing factors that need to be balanced. there's economic growth, of course, there is how you do it. there's how people feel about it. all of these need to be factored in and i know you, you said that in

protests unprecedented in modern china. dozens of demonstrations break out nationwide including in beijing and shanghai as anger layers over ongoing cove. 19 restrictions in a row outpouring of to send hundreds call for president eugene ping to step down. i didn't catch our lionel nessie returns so on the magic as argentina beat mexico and get the world cup back on track. ah, monica jones well come to the program. unrest is growing in china over the country strict cove 19 measures. fresh protests have broken out in major cities with hundreds rallying at beijing's lead sink while university chanting we want freedom . many also holding up blanket sheets of paper in a symbolic protest against the state censorship. more demonstrations have also been reported in shanghai following clashes with police overnight. public anger has flared after a deadly apartment block fire with many blaming an ongoing lockdown for hampering rescue efforts. chinese officials have defended their c recovered policy despite the growing public backlash. and we can talk now to correspondent faddie and catch now who is i

he brought the country on to the world stage or the beijing olympics was also criticized for religious persecution. nato foreign ministers pledge more weapons and money for ukraine and undermine their support for keep joining the alliance. the new drug is shown to slow mental decline in the early stages of alzheimer's, but it does come with side effects. ah, i'm so gale. welcome to the program. chinese authorities of redoubling their efforts to stamp out unrest over beijing's 0 cobit policy. students seen as leading the protests against lockdown restrictions have been sent home. police are on the streets in force, but despite the authorities also relaxing some curbs, there is still widespread defect. oh, it's a display of public rage not seen in china for decades. and what began as a position to strict anti covet restrictions, has moved into something bigger, a thinly disguised challenge to those on power from beijing to hong kong. we don't want all thorough terrorism. we want human rights, we don't want monarchy. i want to real far, no law. the protests have become too loud to ignore

a heavy police presence in beijing. and filing for bankruptcy, becoming the latest crypto firm after ftx's downfall. >> we have the open of the asx 200 and at the start of trade, we are looking good. you can see that slight move higher. to put it in context, we have that drive a 1.5% against the greenback. really down to what is happening in china. and where beijing will go with its cover zero policies. let's take a look at how that played out as well as the uss an overnight, given that we have seen those mixed moves. given the work of protests, we have those for the offshore yuan. those moves higher after the list chinese stocks. perhaps investors are starting to position the -- that beijing could make a faster pivot away from covid zero than expected. >> we had solid results here. potentially helping to lift those chinese adrs. look at the asian open after the s&p 500. all major indices lost about 1.5%. there was broad risk of sentiment. of course, we had plenty of hawkish fed speak. whether it was talk about potentia

oh, here in the capital beijing, the line, the bank submitted it for several hours. many holding up blank pieces of paper. now a symbol for this growing unrest and an act of defiance in the face of chinese censorship. we want basic human rights. we want to freedom one of re our country from this on fire. absurd regulation in shanghai. another outpouring of anger and something different. that will concern not only china's ruling party, but also it's leda. oh, my god, amongst the crowd, one protest the shouts out. down with she ging ping there. then they replying: unison stepped down. oh, it's dangerous to criticize the government on his lee to hell and such a public challenge is extremely rare. oh to there's no surprise when police move in . now detain, protested. oh, andrew more let's bring in fabi encroachment. he joins us now with a view from beijing. fabian, tell us a little bit more about the situation on the ground today. yeah, our to day. i mean, it's really, it seems calm here also in beijing and where there are several hundreds of no thousands of protesters t

reports of panic buying in beijing. right here on bloomberg. ♪ ♪ >> i actually reflect on the ftx situation, i kind of blame myself. >> i think the currency exchange has to provide for its users as to not lose their funds. >> right now, we have, it seems, from ftx, five to $10 billion in creditors as ftx has filed bankruptcy, they will be making claims. >> the due diligence was not called. it is absently outrageous. >> ftx has leveraged their novel and native ftt to boost their assets. likely as collateral to access loans. without money, they created a really quick scaling and both their size and their power and authority. >> we got -- let them get too big. manus: some of the voices. sam bankman-fried's crumbling crypto empire took hold. bitcoin is up on the week. but, you are just seeing over the space of a week, the crypto token associated with sam bankman-fried's empire, ftx, is down 8%. the count down one .4 percent on the week, it moves minute. the question is whether being crypto rescue plan, does it eradicate

in beijing, they resisted from having wholesale locked downs. they would go to communities and say, you locked down for 5 days that you know, they usually 3 weeks and they, they've been trying to adjust. but it hasn't necessarily been producing the same results. but, you know, i'd like to ask you what, why is it that everyone's talking about china with 30000 cases. when japan has 60000 cases a day and literally, you know, 50 times, nose, 30 times more udette's a doesn't seem to bother anybody out there and it's not an topic for conversation. so from beijing's point of view, they're struggling to do this. you think that they don't want economic growth. mean this has been the main hallmark of the entire chinese economy for the last 40 years . so, i mean, this idea that they're doing this to frustrate their, you know, their citizens is nonsense at the fact that, you know, we're discussing this now as if it's a major issue. when there are much larger ones out there is kind of kind of indicates a media bias such think, well, what i think is i think o

right. correspondent finding freshman in beijing. fabian, thank you so much. it is a look now at some of the other stories making use around the world. emergency workers on the italian island of east chaos. we covered the body of a child as they search for multiple people still missing after saturdays landslide . at least one other person has been confirmed killed in this light, which was caused by heavy rain venezuela's government and opposition have reached a preliminary agreement to find a way out of the country's political and economic crisis. it aims to ensure that billions of frozen government funds will be released to help fund social programs. the united states east, some all sanctions on venezuela in response. and are the latest on the war in ukraine authority say, days of heavy shelling by russian forces have killed at least 32 people in the southern region of her son. long lines of her traffic half built up as civilians leave the area in search of safety, ukrainian forces liberated harrison just 2 weeks ago. moscow has since kept up a relentless bar