35 Burst results for "Chinese Foreign Ministry"
AP News Radio
China calls Xi's Russia visit one of friendship, peace
"China says president Xi Jinping's just concluded visit to Russia was a journey of friendship cooperation and peace. The trip signaled no new progress in ending the bloody conflict in Ukraine, while shoring up, president Vladimir Putin standing amid growing efforts to isolate him and his government internationally. Chinese foreign ministry spokesperson Wang Wen bin says China will remain neutral in the conflict and its efforts were aimed at promoting peace talks, Wang also accused the U.S. of lacking impartiality and fanning the flames of the conflict by providing defensive weapons to Ukraine. I'm Charles De Ledesma
The Bitboy Crypto Podcast
"chinese foreign ministry" Discussed on The Bitboy Crypto Podcast
"You've probably heard about the Chinese spy balloon that got shot down off the coast of South Carolina. But did you know it came in through Idaho from Canada? That's right. The CCP or the Chinese Communist Party, they've been spying on America. But the real truth is they've been spying much longer in a much different ways than most people want to grasp. Today, we're going to get into it. We're going to tell you what the bigger plan is and we're even going to tell you what some folks are doing to fight back right from here in the good old USA. Let's get it. Welcome to BitBoy crypto. My name is Ben. Let's get right to it. I'm sure you've seen the memes you've seen the videos. You saw the balloon get shot down. You know we had a CCP surveillance balloon going across our great nation here in the United States. On Friday, a Chinese foreign ministry spokesperson said this is about the balloon. It is a civilian airship used for research, mainly meteorological purposes. Affected by the westerlies and with limited self steering capability, the airship deviated far from its planned course, Chinese side regrets the unintended entry of the airship into the U.S. airspace due to force major, pay attention to that. The Chinese side will continue communicating with the U.S. side properly handle this unexpected situation, caused by force major. Now, very interesting, does this not sound like broken English kind of weird, that's their spokesperson, but I digress. Here's the thing. China has been infiltrating countries for years and years and years for all kinds of reasons. There's also some very interesting stuff with surveillance in Canada. We're not going to get to in this video, but China already has a blueprint on how to infiltrate a country. They did it to Canada. Back in the 90s. So are we going to prevent them from taking over our country? How do they do this? Well, we're not all going to be speaking Mandarin tomorrow. This is why China surveils because they look for the weaknesses and vulnerabilities and that's where they attack. They're not going to do it through war. They're not going to do it through secret spy games where they're assassinating people in America. They're going to do it through markets and they're going to look for our weak points. So you may have heard the term force major before. Force majority means greater force. It means something outside of the normal and unforeseen event. Now, you may have heard this phrase recently because it's contained in almost every single centralized exchange terms of service. Unforeseen events, I spent all your money. I'm looking at you, Sam. Now, I said that China has infiltrated Canada. Back in the 90s, 25% of Vancouver was bought by Lee costing a tycoon in Hong Kong working for the CCP. China infiltrated Canada in many ways back in the 90s. One thing that they did, they infiltrated a surveillance company, what they did was they had someone buy one of the largest surveillance companies in Canada. And then that entity knew they were selling it to China. For years, China were surveilling all over Canada with closed circuit cameras and security cameras and no one knew it was China behind the wheel. So let's just say they have a tendency. So no surprise this came in from Canada. Guys, where's Vancouver right above Washington? Where did the balloon come from? Canada into Idaho actually know it came in through Montana came right here. All the way through Missouri, South Carolina, and that's when some great American pilots, when shot that thing down, you ever had to stare down the face of a surveillance balloon, you know that you are really the Top Gun. That was really stupid. Guys, it's not the first time a Chinese 5 balloon is inner U.S. airspace. Pentagon said, noting at least three times during the previous administration and once at the beginning of this administration, but never for this duration of time. It never was able to make a full scale trip across the United States. Now, where they started off the coast of South Carolina, isn't it? Pretty strange. We could have shot it down the whole time. Why didn't we? We finally scrambled the jets when the mission was over, makes no sense. This was a PRC surveillance balloon, a senior administration official said, surveillance balloon purposely traversed the United States and Canada and we are confident it was seeking to monitor sensitive military sites. That's key. It's route over the United States near many potentially sensitive sites, contradicts the PRC government explanation that it is a weather balloon. Why would China launch a weather balloon in Canada? How does the Canadian weather affect China? How does the weather in Montana affect China? Guys, it makes no sense. And something else to keep in mind is The Pentagon does not releasing what spy tools were on the balloon. They're giving it close to the vest, but tensions are rising. It reminds me of a coffee Zilla. Coffeezilla created a fake NFT so he could entrap in an NFT influencer, he created his own story. I'm not saying it's bad, surely. I mean NFT influencer sucks. But coffee, Zilla these days, he said, you know what? I'm going to create my own story here. And it was kind of cool. I like what he did there. But the fact is, China has just created their own story. They've launched a weather balloon, and now we're having tension with China. Did they attempt to entrap us into some kind of conflict? Don't know, only time will tell, but they're basically now coming at us with a problem they created. So China's responded with fury over the U.S. Military action, saying on Sunday that it reserves the right to deal with similar situations going forward. The U.S. used force to attack our civilian unmanned airship, which is an obvious overreaction. We express solemn protest against this move by the U.S. side. Why they keep saying by the U.S. side, that sounds so weird. China's defense ministry spokesperson tan cafe said in a statement on Sunday afternoon local time. China's foreign ministry is accused the U.S. of overreacting and seriously violating international practice. You lunch to spy balloon China. Breaking news, China can suck it. The U.S. officials have pushed back on China's repeated claims, the down balloon was simply for civilian use and had made its way into American airspace by accident. And of course, I do have to say, we love Chinese people. Chinese citizens are great, Chinese Americans, absolutely great. But the issue is with the government. The issues with the CCP. So I'll say the word China, but obviously I'm talking about the leadership there. It begs the question, if this was just a weather balloon light they claim. Why are they so
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"Idea shooting down a balloon that's getting information over America. And that makes relationships worse. I made it real clear that Xi Jinping that we're going to compete fully with China, but we're not going to look at them. We're not looking for conflict. And that's been the case so far. The president of the United States, speaking of PBS, yesterday evening, this is how China responded to some of those remarks made in the last couple of days and that address in the State of the Union. The quote from the Chinese foreign ministry spokeswoman, the U.S. remarks are highly irresponsible and violate basic diplomatic protocols time they went on to say we are firmly opposed to that and condemn that. So I guess that's them slamming the president for what they called highly irresponsible remarks about shape. It's one of the stories out there and I'm going to give a major credit to Elizabeth economy now working with the secretary of commerce, but whether original work at the council on foreign relations, she has led on this in two books for 5 years is the way they do federalism in China. There's at some point where he gets some real pushback in Biden has to step lightly given the domestic realities of China. Does anyone in the U.S. government believe that that was a weather balloon? No. No, no. No, I don't think so. I think the reporting literally in the last 24 hours is there's many of these. We just don't see that. Precisely. Just to just to put those remarks from the Chinese foreign ministry spokeswoman a better context. Nobody believes that their weather balloons. This does raise a question about Xi Jinping's power domestically and how much he really is trying to message to people domestically because this isn't going to necessarily resonate in the U.S. where people say, oh, maybe we shouldn't say anything. Any number of themes here that we have this morning and we'll get to China, of course, in the president of the United States and all that we witnessed in the last week. Amory Horton joins us now our White House correspondent and also it's been far too long, Maria tadeo joins us in a very busy Brussels this morning. Maria John and Lisa really want to focus here on what we see domestically, but I've got to go to the headlines and the jumble of headlines and it's generalized about jets over Ukraine. The idea of a visit to the United Kingdom, I wouldn't know a typhoon from a typhoon jet, but how close are we to jets being used by Ukraine in their war with mister Putin? Yes, Tom, and by the way, before we get into that, the mystery has been solved to reveal to what our mission is here in this building with European leaders and the European tour to your point continues. He has done London Paris and today will be Brussels now. It is about the fighter jets. We know that the debate around the tanks has settled and the Ukrainians now say we need those planes. That was a message in the UK was a message yesterday in Paris and that is probably going to be the message today. I would also say we allow me for an international audience. The idea of the fact that he's here for Ukraine is useful because he will get FaceTime with 27 heads of states at the same time with the top European institutions in the same place and beyond that also is a message that he wants to carry through to the European audience every national TV in Europe, every newspaper tomorrow will show what's going on today in Brussels. Again, we are waiting to hear the results of the meeting, but he will respond and continue to say we need those weapons, especially Tom. And I think we've got to pay attention to this. Ukraine is concerned, not just about what may happen around the date of the one year mark of the invasion, but also the spring, the spring offensive. That's what they worry. A regrouping and retraining of Russian forces. Meanwhile, Anne Marie, there's a growing groundswell of pushback in the U.S. about how much aid to deliver to Ukraine. And we didn't necessarily see that emphasis in the State of the Union with President Biden. What's been the aftermath and what's been the response to the European push to try to support Ukraine heading into the spring? Well, the president was pretty clear in his interview with PBS yesterday. He was asked directly about this. And he says, I have a firm commitment and then Judy Woodruff had followed up, and he said, yeah, it will go on. It will continue to go on. It's pretty ironclad that they are going to stand there and support support Ukraine. So the president, he is still keeping that line that this aid will continue. There has been pushback, of course. But also the pushback that we've seen from the likes of speaker McCarthy who said there won't be a blank check is a lot of Republicans saying they want oversight on this. And some of that is starting to step up as well. But you can imagine the United States, especially yesterday, Jens Stoltenberg from NATO standing next to Secretary of State and today blink and talking about that they will continue this to commitment to support Ukraine. The president said, speaking of the Europeans, making sure he keeps NATO united, that's something he's very proud of. The other thing to really watch was I thought it was fascinating. Secretary of State blinken's comments on fighter jet. This is something Ukraine is asking for. And he didn't outright say no. He left a tiny window open
Northwest Newsradio
"chinese foreign ministry" Discussed on Northwest Newsradio
"Welcome back at 14 till I'm John trout, America in the morning continues. The U.S. is expected to learn more in the coming days about the suspected Chinese spy balloon shot down off the South Carolina coast over the weekend. Correspondent Clayton Neville tells us the U.S. Navy is working to recover more remnants from that airborne menace. U.S. officials say the surveillance balloon was about 200 feet tall. It's been compared to the size of a jet. It was carrying what's described as a long sensor package and its debris is scattered in 50 foot deep water in the Atlantic Ocean, stretching 1500 yards long and about 1500 yards across. It was shot down off the coast of Myrtle Beach, South Carolina at the direction of the president. China, China. Sent that surveillance balloon over. Senator Chuck Schumer defending the Biden administration's response. The Biden administration was calm, calculated and effective. According to they listened to the military experts, they listened to the intelligence experts. And they did the right thing. The senator was referring to the decision to wait until the balloon was over water to shoot it down to avoid potential problems on American soil. Yesterday, the first images of the recovery surfaced. Members of the navy scene pulling pieces of the balloon into an inflatable boat, a navy warship and three coast guard cutters are part of the operation, which is now mostly focused underwater. U.S. reconnaissance drones are scouring the ocean floor for more wreckage. Everything found is headed for the FBI to be analyzed. This is Republicans in Washington insist the balloons take down came too late. It completed its mission. President Biden let it complete its mission before he shot it down. And it went over many military bases. It wasn't some random path that it took through the United States with congressman Steve scalise. This idea that oh, don't worry it wasn't collecting data sending it back to China. How can anybody say that with a straight face? Members of Congress are expected this week to be briefed on what's been found during the recovery and China reiterating their stance that the U.S. overreacted by shooting the balloon down when asked if China wants the balloon back. A Chinese foreign ministry spokesperson said the airship doesn't belong to the U.S.. It belongs to China. I'm Clayton Neville. It's 11 till now as the death toll continues to increase by the thousands. Rescuers are racing to find survivors in the rubble of buildings brought down by that 7.8 magnitude earthquake and scores of aftershocks that struck eastern turkey and neighboring Syria correspondent Charles De Ledesma has the latest. In the eastern turkey town of nagi, grief stricken residents passed by a truck where dead bodies are. Has retrieved the bodies of four Syrians who had lived there, including two of his relatives from the rubble on their collapsed homes. We were able to escape thank God nothing happened to us. He and other residents had worked
Mike Gallagher Podcast
"chinese foreign ministry" Discussed on Mike Gallagher Podcast
"Little shrinking now on the Mike Gallagher show. Well, the People's Republic of China is confirming that the balloon hovering over Montana is theirs. A Chinese foreign ministry spokesperson confirmed moments ago the airship airship. Okay, is from China. It is a civilian airship used for research, mainly meteorological purposes. The airship deviated far from its planned course. You think? Billings Montana? How did it get there? The statement continued, the Chinese regrets the unintended entry of the airship into U.S. airspace due to force majeure. The Chinese side will continue communicating with the U.S. side. And properly handle this unexpected situation caused by force majeure. I got some force majeure for you. You blow it out of the sky. And of course, everybody's saying that, however, can I just urge a little bit of perspective? You want to go to war with China over a spy balloon? How about we start with TikTok? How about we start with TikTok? We don't care about China's spine. If we did, we wouldn't allow TikTok. On millions of people's iPhones and computers. Do you know what a threat? To national security, TikTok is?
Mike Gallagher Podcast
China Confirms Ownership of Balloon for Research Purposes
"The People's Republic of China is confirming that the balloon hovering over Montana is theirs. A Chinese foreign ministry spokesperson confirmed moments ago the airship airship. Okay, is from China. It is a civilian airship used for research, mainly meteorological purposes. The airship deviated far from its planned course. You think? Billings Montana? How did it get there? The statement continued, the Chinese regrets the unintended entry of the airship into U.S. airspace due to force majeure. The Chinese side will continue communicating with the U.S. side. And properly handle this unexpected situation caused by force majeure. I got some force majeure for you. You blow it out of the sky. And of course, everybody's saying that, however, can I just urge a little bit of perspective? You want to go to war with China over a spy balloon? How about we start with TikTok? How about we start with TikTok? We don't care about China's spine. If we did, we wouldn't allow TikTok. On millions of people's iPhones and computers. Do you know what a threat? To national security, TikTok is?
WTOP
"chinese foreign ministry" Discussed on WTOP
"Home for original reporting. I'm Deborah Rodriguez, CBS News has learned that suspected Chinese spy balloon for spotted over billings Montana has drifted to the Midwest, and we've just heard from Beijing. Correspondent Steven portnoy. The Chinese foreign ministry, which overnight said U.S. accusations of spying were speculative, now says the balloon is of a civilian nature and used for scientific research, Beijing claims the airship seriously deviated from its scheduled route and strayed into U.S. airspace due to the westerly wind. Republicans have urged the president to shoot the balloon down something The Pentagon has strongly advised against due to the possible risks to those on the ground. Sources tell CBS News the balloon has solar panels, so it is not going to run out of fuel. The jobs market was booming last month, the Labor Department says the number of positions created more than doubled in January from the month before. The unemployment rate fell to 3.4%. That's the lowest it's been since 1969. Bank rates Mark Hamrick. The stronger than expected employment report stands in direct conflict with fears of an imminent recession, which has been weighing on the minds of economists and business leaders alike. It should also give consumers some added confidence. Employers added 517,000 jobs last month. A lot of people in the northeast are planning to stay inside this weekend, a dangerous Arctic air blast will send temperatures well below zero in some places. Meteorologist Craig Allen, with our affiliate WCBS. Anywhere from minus ten to as low as -40 or -50 in parts of New England. Schools close today in Boston and Worcester mass. Honda has issued a do not drive warning for more than 8000 early model acuras and hondas that have still have takata airbags that haven't been repaired. The national highway traffic safety administration says they posed a dire risk to drivers and passengers more than 30 deaths have been reported around the world. EU leaders met with president volodymyr zelensky and Ukraine's capital as he pushes for membership in the western bloc. The BBC's James waterhouse from Kyiv. Joining the European Union takes years, if not decades, it also takes the approval of the 27 member states, but the very subject of the European Union for Ukraine is so loaded
AP News Radio
China, US tensions rise over suspected Chinese spy balloon
"China's responded to concerns over a suspected surveillance balloon spotted over U.S. airspace were treated. Chinese foreign ministry spokeswoman tells the media we have noted relevant reports and are looking into and verifying the situation. What I want to emphasize is that before we have a clear understanding of the facts, speculations will do no good to resolving the problem properly, ning added, China has no intention of violating the territory and airspace of any foreign country and urges calm while the facts are established. The U.S. has been tracking the suspected Chinese surveillance balloon, but officials say The Pentagon had decided not to shoot it down over concerns of hurting people on the ground. I'm Charles De Ledesma
AP News Radio
Consul: 20% of Americans in Hong Kong left in past 2 years
"Some Americans are leaving Hong Kong. The U.S. center for strategic and international studies says about one 5th of Americans living in Hong Kong have left the country over the past two years, U.S. consul general Gregg may says Hong Kong's strict anti COVID-19 measures and diminishing freedoms have clearly impacted the city and the people in it in a video address may also said worries remain over Hong Kong's reputation as a business center which depends on adherence to international standards and the rule of law. The Chinese foreign ministry's office in Hong Kong says may has slandered the rule of law and freedom in Hong Kong and has deliberately discredited Hong Kong's business environment. I'm Donna water
The Charlie Kirk Show
"chinese foreign ministry" Discussed on The Charlie Kirk Show
"By copying basically the American equivalent of the Russia hoax. The Chinese foreign ministry has claimed, quote, on social media, there are forces with ulterior motives that relate this fire with the local response to the COVID-19, but it's not working. There are major protests happening all across cities in China. Citizens stormed over lockdown barriers to protest against officials in zhengzhou, a massive iPhone plant had a riot over the COVID restrictions and delayed bonus payments. In Chongqing, a resident gave a speech saying, without freedom, I would rather die and a watching crowd rescued him when the police tried to arrest him. There are street protests in Beijing and Shanghai where people have protested symbolically against speech controls by holding up blank sheets of paper. Ironically, a lot of people are protesting by singing the national anthem of China, which notably includes the line rise up and rise up. So we don't know how these will end. We don't know how these protests will conclude, but the sad truth is that the people of China that are rising up against this digital dictatorship in dozens of cities. Across China, people that are rising up in record numbers. They're going to lose eventually. Why? Because only one side has the guns. You see, all of these different through lines come back down to who actually has power, who has the power to be able to call balls and strikes over a society. The Chinese Communist Party has a fixation on the superstitious. The people of China are getting wary of having no liberty, no freedom, no mobility at all, whatsoever. And so they're starting to rise up. The Chinese Communist Party is going to get a little nervous that they're going to have a human rights catastrophe on their hands. The Chinese Communist Party can't take Taiwan if they have this unrest domestically. They can't take another they can't put another notch in the belt and road initiative. None of the Chinese Communist Party, the dictatorship of Beijing. Knows that they're going to have to clamp down on their citizens. And they probably will. Are you tired of feeling tired? I've never experienced anything quite like the new strong sell product. I take it right before every single show. It's so easy. And you've got to read up on everything that has been packed into these tiny bottles. You see strong cell is a new scientific cocktail of cellular level replenishment. It's so simple. Just drink one small bottle of strong cell liquid per day and boom. You guys get NADH. NAD is something I've been studying for a while. And before I got to no strong cell, I said, boy, I really would love to take it every day. It's a crucial coenzyme for creating natural energy and restoration in your bodily cells. It also contains collagen, well documented for its vast health benefits. Your body should experience a big energy boost the first week than within 15 days you'll start noticing even more benefits. 30 days, you'll be feeling so much different. So do me a favor and consider giving the supplement the full four weeks versus just one bottle to realize the best results for you. The formula is designed to generate long-term positive change unlike energy drinks. I take it every single day..
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"All the challenges we face as a country, Britain is a place where people of all races and all beliefs can fulfill their dreams. We want to be countries that has decarbonized the fastest. We pass a landmark law to protect the environment and under my government, we're going to continue to deliver on all of those things. Bloomberg daybreak, Europe, on Bloomberg radio. It's 5 30 a.m. in London, good morning. I'm Stephen Carroll. And I'm Caroline Hepburn. Welcome to Bluebird daybreak, you're up this morning where investors really are focused on Central Bank meetings this week, the fed, then the Bank of England and the nurse bank on Thursday. In terms of the market is this morning then, the Chinese stock rally continues to hang things up by 2.4% stock futures for Europe very positive up 6 tenths of 1% for the U.S. stocks 50. Futures, yesterday, the broader stock 600 closed up by 6 tenths of 1%. U.S. futures also in the green, bond yields, the most treasury, the most policy sensitive treasury yield the two year yield of four 52 is down by three basis points, the ten year yield trading at four spot zero 5. You've got the dollar down and oil prices up right now, Steven. Let's go to our top stories. The UK's trade secretary kami Baden, 'cause questioned the accuracy of economic forecasts produced by the country's independent fiscal watchdog. Speaking to Lizzie burden for his here on Bloomberg daybreak, Europe, babe knock said the OBR is wrong to say brags it is hurting. The UK's trading relationship with the EU. Yes, I do dispute the OBR forecast because what happens with trade depends on the actions that I and my colleagues across governments take right now. The OBR is probably making a forecast based on how we use to do things. They don't know how we're going to be doing things. So I think wait and see. Though bad knocks comments were focused on Brexit and trades, they risk rekindling around that helped to end the premiership of lei's trust to us as government announced massive package of tax cuts without an OBR forecast leading to chaos and financial markets and her eventual resignation. Now, the CEO of HSBC says that China will emerge from COVID and that it's important economically for the country to find a solution to its current strategy. Speaking to Bloomberg TV, Noel Quinn said that moving beyond the virus will be key for China's economic success in the future. When I look at China, I look at China over the long term and I think China will emerge from COVID as every other country in the world has done. It will be important economically to do so and we'll be ready and willing to help them and rebound their economy. HSBC's Noah Quinn there will Chinese stocks rallied on Monday and this morning on speculation that policymakers were forming a committee to assess COVID exits scenarios, the Chinese foreign ministry spokesman zhao lijian says that he is not aware of any such steps. Uber's shares surged after reporting revenue that beat analysts expectations as gains in ridership eased concerns that inflation would affect consumer spending, Uber's chief executive Dara khosrowshahi says results were boosted by cities reopening, booming travel and a shift from retail to services. I do think that inflation has affected everybody. And I think has rebaseline to some extent prices. So I don't think that prices are going to go down to pre-pandemic levels. That was Uber's CEO Dara khosrowshahi also telling Bloomberg, the main ride hailing business is stronger than ever as Uber's revenue surged by 72% in the latest quarter. And finally, the Brazilian president jair Bolsonaro has vowed to respect the constitution, but he stopped short of formally conceding to Luis Inacio Lula da Silva. Instead, his chief of staff acknowledged Sunday's election defeat, saying that the president had authorized him to formally begin the transition process, Bolsonaro lost to Lula by less than two percentage points that is the narrowest margin in Brazil's history. But yeah, a lot of anticipation for what Bolsonaro was going to do. Indeed, and that fascinating election, there. Let's get to some of the events that we're watching out for later today, though Bloomberg's Leanne guarantees with us in studio for that Leander. What is on your agenda for today? So at 11 a.m. UK time we'll have the latest figures on U.S. mortgage applications Stephen, which are Antonio 30 year low, then the U.S. ADP national employment report is due out at 1215 p.m. UK time. It comes just two days ahead of the closely watched non farm payrolls. Then the fed's rate decision at 6 p.m. UK time. The Central Bank is widely expected to hike rates by 75 basis points and that will be for a fourth as straight meeting. And we also get Qualcomm, which is due to report its fiscal fourth quarter earnings at 8 45 p.m. UK time, giving investors a sense of how the company's weathering an industry wide slump. We also get earnings from novo Nordisk, a GSK and Merck, and actually Stephen we have a whole host of European data coming in today too, so at 8 15 a.m. UK time it's Spain's manufacturing PMI data just after that at 8 45 it's Italy's PMI data and at 8 50 France's PMI data so you're going to have a lot of things to break there a little bit later on. And then at midday today, the ongoing migrant crisis is expected to dominate Rishi sunak's a second p.m. cues. Now this is really a pressure is mounting on his Home Secretary Sue lava man and will definitely have all our eyes peeled on the House of Commons at 12 today. Okay, Leon guerin, thank you very much for looking out for all of that and lining up some work that I have seen later on in the program. Absolutely. Right, let's go to Portugal next, 70,000 people descending on Lisbon for the web summit, the annual technology conference. Ukraine's First Lady formally opened the event reportedly urged participants not to put technology at the service of terror, but to use it to save lives. Now the other main speakers have included binance's CEO Chang Peng zhao known as CZ, of course, ark investment management's Kathy wood and Airbnb's Nathan blecharczyk. Joining us now, though, live from Lisbon, it's been a big FinTech report I should. You were with us yesterday morning and this morning is great to have you. Ayesha, what have the opening couple of days been like? Good morning, Caroline, it's great to be here. Yes, last night was officially the first, it was opening night a web summit, but we were off to a slow start because of technical difficulties at the tech conference ironically part of the ceiling was falling off. But you know, we, the ground, we got moving and yeah, I think I was most fascinated by what binance's CEO Z had said about why his company, which is a world's largest crypto
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"We go back to Denise Pellegrini in the Bloomberg newsroom. Pay their Carol the Biden administration announcing another $1 billion in military aid for Ukraine and this will be the biggest delivery yet straight from Defense Department stocks. New York Democrats Senate majority leader Chuck Schumer taking a victory lap after passing that inflation reduction act we've been talking about yesterday. What was Schumer's secret weapon you might wonder at getting this past and getting it all together here's how he put it with reporters. When you have to get something done like this in a caucus that is so, so broad, as I say, from Bernie Sanders to Joe Manchin, you have to listen to members and respect them. And shimmer also slamming Republicans and minority leader Mitch McConnell for refusing to work with Democrats. China extending live fire military drills they were to have ended Sunday when asked about a Chinese foreign ministry spokesperson accusing the U.S. government of orchestrating speaker Nancy Pelosi's visit to Taiwan calling it a reckless move and claiming the current tension over to the Taiwan strait, a single handedly created by the U.S. and undersecretary of defense for policy colon call talking about it. He told reporters that The Pentagon, U.S. policy on Taiwan hasn't changed. What's important for us right now is to make sure that Beijing understands that our forces in the region will continue to operate to fly to sale wherever international waters allows that includes the Taiwan stray and Taiwan also saying that China's sanctions won't impact it too much economically. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries
WTOP
"chinese foreign ministry" Discussed on WTOP
"Out of your old stinker. Reese's. Reese's. Peanut butter cups. At that breathy one sounded very creepy, am I right? This is WTO news. Two 53. There's new fallout from House speaker Nancy Pelosi's trip to Taiwan. China says it's canceling or suspending dialog with the U.S. on a range of issues. It's the latest in a series of steps intended to punish Washington for allowing the visit to the island Beijing claims as its own territory. The Chinese foreign ministry also says it's suspending cooperation on things like criminal investigations and climate change. Meantime, Taiwan is also carrying out threatening military exercises in the 6 zones of Taiwan's coast. Israel has launched a new series of air strikes in Gaza, Palestinian officials say at least 8 people are dead, 40 others wounded. Israel says it's responding to an imminent threat after days of tensions following the arrest of a senior Islamic Jihad leader in the occupied West Bank, Israel had closed roads around Gaza earlier in the week and sent reinforcements to the border as it braced for a revenge attack. The mall of America reopened today as police search for two people linked to the shooting inside the suburban Minneapolis shopping complex. The gunfire sent shoppers running for cover yesterday, but Bloomington police say no one was hit. The local police chief says it all started when two groups started fighting in a Nike store. One group left but two people returned and one of them fired three rounds into the store. Some people sheltered in place, others simply ran. Amtrak is facing new scrutiny and questions and it's not about service. Some may say the pay is off the rails. Amtrak's top executives received 6 figure incentive bonuses last year. Their biggest payouts in years. Despite the services criticized performance and week ridership because of the pandemic. 9 top Amtrak executives received a bonuses of more than $200,000 each. 6 executives received such bonuses in 2019. CBS correspondent Jim Crow says last year's payouts came when the federal government made its largest investment in passenger rail service since Amtrak
WTOP
"chinese foreign ministry" Discussed on WTOP
"The person who was conducted in a training as a retired from the Metropolitan Police department almost two years ago. He's acting in his personal capacity as a professional trainer. Conti says they were training in the use of an extendable police baton. I don't have answers as to why the law firearm was going to ask baton training. The retired officer is under investigation. The name of the victim is being withheld until her family is notified. At the anacostia library in southeast. Sarah Jacobs news. China has announced unspecified sanctions on House speaker Nancy Pelosi for her visit earlier this week to Taiwan. A Chinese foreign ministry statement says Pelosi disregarded China's concerns and opposition to her visit to the self ruled island, which Beijing claims as its own territory. The statement says sanctions would be imposed on Pelosi and her immediate family but didn't specify such sanctions are generally mostly symbolic in nature. A jury has ordered conspiracy theorist Alex Jones to pay the parents of a victim of the sandy hook shooting more than $4 million in damages. It's the first time the InfoWars host has been held financially liable for repeatedly claiming that the deadliest school shooting in U.S. history was a hoax. The Texas jury has awarded the parents of 6 year old sandy hook victim Jesse Lewis $1.5 million of peace for mental anguish with an additional $500,000 for future pain. The parents have asked for a $150 million in damages, the Austin jury still has to decide the punitive damages against Alex Jones. Chris Fox for CBS News, Austin. Coming up after trafficking weather, a change begins today at D.C.'s monkeypox vaccine vaccine clinics. It's 6 36. This week on the D.C. sports title from WTO. You heard Sean Anderson say it in the DMV download and we debated in the huddle. Did the Juan Soto trade just doom D.C. to a curse of the childish bambino. We go at it like you've never heard before in compare Soto's departure to some of the
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"Have risk off in markets tension over Taiwan and a global slowdown. This, as we see European stock markets drop 6 tenths of 1%, energy and telecoms firms though are seeing some gains in terms of the sector breakdown. A U.S. equity futures are declining S and B 500 even if futures down 6 tenths of 1%. Also have no BP shares up 4.2% accelerating share buybacks and a bumper dividend. Natural gas prices in Europe continue to rise today 2.4% on the benchmark this morning. This is after they posted their biggest weekly gain in more than a month for last week, as for bond markets, U.S. treasuries at two 55 in terms of the ten year yield pulling back two and a half basis points, a similar flight to safety in Europe sorry German BTPs at 71 basis points dropped 6 and a half basis points this morning. This, as we see Japanese yen spot price up half of 1% the pound sinking four tenths and the blue bag dollar spot index stronger a tenth of 1%. That is your Bloomberg radio business flash. Now it's back to Lizzie Burton who's got all of today's top stories hi Lizzie. Thanks Caroline. U.S. House speaker Nancy Pelosi is said to be making a visit to Taiwan defying expectations from objections from Chinese authorities. Speaking this morning, Chinese foreign ministry spokeswoman said Beijing would take resolute measures if Pelosi's trip to Taiwan goes ahead. The likely visit would be a landmark move by a U.S. official with Pelosi becoming the highest ranking American politician to visit the island in 25 years. BP has posted an adjusted net profit of $8.45 billion a near $1.8 billion beat on analysts expectations for the second quarter. It's the oil giant's best result since 2008. BP says it will raise its dividend by 10% per share and ramp up share buybacks. Profits for oil majors in the second quarter have now surpassed $60 billion. That's an all time record for the sector. And staying with news from the U.S., one of the men who planned the 9 11 attacks with Osama bin Laden has been killed during a U.S. counter terrorism operation in Afghanistan. Took over the leadership of Al-Qaeda in 2011 shortly after American forces killed bin Laden. President Biden announced was kit by a CIA drone strike on a house in Kabul on Sunday. There your top stories, this is Bloomberg
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"As I say a lot of action in the yen on risk aversion. That's the Bloomberg business flash, now he has James wolcott with more on what's going on around the world. Good morning Anna, it's very Bloomberg today, fast cars and fixed income at 12 o'clock we'll get Ferrari's earnings and for those who have trade bonds at 10 o'clock at the UK is set to sell 2.75 billion pounds worth of ten year 1% bonds. And then looking ahead to eco news at 3 p.m. UK time, it is the U.S. job openings and labor turnover survey days which will come out, but then if she does go, it's reported Nancy Pelosi is expected to drive a Taipei at three 20 p.m. this afternoon. Story of U.S. high speaker Nancy Pelosi said to be making a visit to Taiwan defying objections from Chinese authorities, the plan would be a landmark move by a U.S. official, Pelosi would become the highest ranking American politician to visit the island in 25 years, The White House urging China not to escalate tensions with the U.S. after Beijing, warned of grave consequences if the visit went ahead as a briefing underway at the moment at the Chinese foreign ministry over that the Chinese foreign ministry spokeswoman saying that China would take resolute measures if the Pelosi trip goes ahead. A quick look at some of other top stories today, BP posting an adjustment adjusted net profit of 8.45 billion for the second quarter that's a beat of $1.7 billion on analysts expectations. It's the world giant's best result since 2008 BP says it will raise its dividend by 10% per share and ramp up, share buybacks. And one of the men who planned the 9 11 attacks with Osama bin Laden has been killed during a U.S. counter terrorism operation in Afghanistan, I'm an Al zawahiri, took over leadership of Al-Qaeda in 2011 shortly after American forces killed bin Laden, President Biden announced the news that as I hear he had been hit by a CIA drone strike on a house in Kabul on Sunday. Those are our top stories. Okay, from our top stories then to a focus back on inflation inflation in the UK is fast approaching double digits the country is veering towards recession and winter threatens and other round of ferocious energy price hikes, inflation is having all sorts of consequences, analysis by the institute for fiscal studies, shows the UK is no longer on track to meet its school spending target for example, but at all the consequences of higher inflation bad, a question worth asking. Let's talk about that with Bloomberg's emea government and economy correspondent Lizzie Burton, who is with us in studio Lizzie. So are there winners then from higher inflation? Well, now let me start by saying just how painful the cost of living crisis is for many households and it creates massive instability for businesses. I think we must acknowledge that, but as you say, there are some winners. Namely, anyone who's in debt, including the government. Because nominal tax revenues rise like vat, you've got workers falling into higher tax brackets, income tax brackets, both of which erode the government's debt and especially that's happening because the government isn't raising public sector pay in line with inflation or benefits in line with inflation. But there's always that phrase never let a crisis go to waste as Winston Churchill said and it gives an opportunity for whoever is the next prime minister to be economically radical, both trust and sunac idolize Margaret Thatcher. This is what she did in the 1970s. And so some people will embrace less trust plans to shake up the UK treasury and review the Bank of England's mandate. Cynics, though, would say that the tax cuts that she's proposing that economists warn will be inflationary will lead to higher interest rates are exactly what she wants because the grassroots membership she's pitching to, many of them will have paid off their mortgages. And I think it's really interesting that the English housing survey show shows that 34% of Britons, that's the majority of Britain, have already paid off their mortgages. And so these are people for whom higher inflation will only boost their house prices as we saw in that nationwide data earlier and higher interest rates won't affect as much as people who've got mortgages, although they presumably would have savings. What does the Bank of England stand to benefit at all from higher inflation? Well, we know that the banks expected to hike by a half point on Thursday it would be the biggest hike since 1995 and while no Central Bank would welcome double digit inflation or the prospect of it. It is giving the Bank of England the opportunity to raise rates back towards neutral. And remember, they've been stuck in the doldrums since the financial crisis, so you could see that as a benefit. Okay, Lizzie, thank you very much. We will look ahead of course to the Bank of England coming up shortly. So interesting, interesting dynamics of and Steven when it comes to debt and the way that the inflation story plays in here because of course if you've got a large pile of debt if wages are going up as Lizzie's pointed out, that's a good opportunity to pay down those debts, but if interest rates are going up, then servicing those debts can become more expensive, so some complexities, of course, to note, and we look ahead to the Bank of England, where is it not tomorrow? What day is it? It's Tuesday. That's good. I'm glad we're all agreed on that subject. Yeah, it will be really interesting. We were speaking to various botanical from boundary research in the program who was saying that it should be a 25 basis point hike at this stage because the data is already starting to show easing off of inflation as well. So that feeds into the overall picture of well to cut the consensus or other the majority of economists surveyed by Bloomberg.
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"Business stories and the markets. Samsung reported its slowest profit growth in more than two years, rising costs and lukewarm consumer demand squeezed margins, operating profit rising to 14 trillion 1, and analysts had been estimating 14.6 trillion. Sales did increase 21%, though, and that was slightly above estimates. Samsung will provide net income later. Samsung's stock has been buoyant this morning with gains of 2.3% in the early going. China has accused the United States of technological terrorism. This follows a move by Washington to stop ASML and Nikon from selling key technology to the country. The restriction would add a block on other advanced systems to China. Chinese foreign ministry spokesman jolly Chen said it's another example of what he called the U.S. practice of coercive diplomacy. Meantime, signs are growing that China's economy shrank in the second quarter. This will be the first time since 2020. The consensus from a Bloomberg survey is that the government will say that GDP grew about 1.5% in the second quarter from a year earlier. However, high frequency data for June and losses in the previous two months suggest that the economy could have contracted over that period, blamed the lockdowns for that. A quarterly drop in GDP has only happened once before. Let's check the markets, we do so every 15 minutes on Bloomberg radio, we started off in positive territory, but once the Hong Kong and China markets opened up, it has dragged the MSCI Asia Pacific index down somewhat. At the moment the nikkei is up two thirds of 1%, the ASX 200 up two tenths of 1%, but the hang seng index has faltered its down 8 tenths of a percent and the China stocks are down about a tenth of 1%. In Singapore, the straits times index is a tenth of a percent weaker. The yield on the ten year treasury now 2.91%, WTI crude 97 60, a barrel. Global news, 24 hours a day, live in a Bloomberg quick take. This is Bloomberg
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"Up buns on the way down and what's the dollar doing? Well, the dollar at the moment is up. It did hold on to its strength to gain about four tenths of a percent. Asian equity futures are edging higher this morning rich even with that. Earlier U.S. stocks rose for a third day, the fed minutes were front and center and we'll get to that in a moment, but so too is the data that hinted at slightly slower growth. And also the notion that a lot has changed in the three weeks since the fed meeting. That might have spurred investors to look beyond the fed's hawkish stance and bid up stocks a bit. The S&P 500 edged higher with a gain of 0.4%, the NASDAQ was up also four tenths of a percent and the Dow Jones Industrial Average gained about a quarter of 1%. The two and ten year US Treasury yield curve remains inverted. The two year yield at 3%, the tenure at 2.92%, and as mentioned, we had a strong dollar today and that might have been one of the reasons that oil fell as much as it did oil fell below $100 a barrel. And got down to the mid 90s or so right now, WTI is at $98 and 33 cents, our sources say that the U.S. and allies have discussed trying to cap the price on Russian oil between 40 and $60 a barrel. And something for later signs are growing that China's economy actually shrank in the second quarter. That would be the first time we've seen that since 2020, the consensus from a Bloomberg survey is positive growth, but some of the high frequency data for June and losses in the previous two months suggest that the economy may actually have contracted over that period. So we'll take a closer look at China a little bit later. Rashad to you. All right, well, it does look like the Federal Reserve is planning another hefty rate increases minutes from June's historic policy meeting signal more action ahead. June's move was the largest rate increase in three decades at 75 basis points, and according to the minutes, policymakers black backed raising rates of their July meeting by another 50 to 75 points. Speaking earlier on Bloomberg television TD security to Priya, mister says the fed can not afford to stop. I actually think the cove is going to invert a lot more because we're going to get inflation next week. We're going to get payrolls later this week. The job market is still strong and inflation is high. So I think the fed really can not afford to stop. They're telling us if an unconditional commitment to inflation. So I think that front end rates rise, the long end stays more anchored because of growth fears. Fed officials did say that maintaining the Central Bank's credibility to control inflation is crucial and a return to 2% inflation is needed to achieve maximum employment. China has accused the United States of technological terrorism. That's the phrase used. This is after Washington pushed to stop ASML and Nikon from selling key ship making technology to the country. The proposed restriction would expand an existing moratorium on the sale of the most advanced systems to China. If the company is agree, it would significantly broaden the range of chip making gear that is forbidden from heading to China. Chinese foreign ministry spokesman jolly Jian, a last act lashed out at Washington stating it's another example of the U.S. practice of, quote, coercive diplomacy. Didn't say whether China planned any retaliatory measures in response. All right, let's now have a look at some of the world news headlines. British prime minister Boris Johnson is remaining defiant. That is his strength in the Conservative Party crumbles as get a San Francisco Ed Baxter has the details. A year, thanks, Richard Johnson
AP News Radio
Live updates | China scolds NATO for 'Cold War mentality'
"China has reprimanded NATO for what it calls the alliances Cold War mentality a Chinese foreign ministry spokesman also said NATO should give up the practice of creating enemies and not to try to mess up Asia and the whole world after disrupting Europe the comments come as NATO leaders hold a summit in Spain where they are expected to identify China as a challenge for the alliance The spokesman also said that NATO members actions near the Asian mainland and the South China Sea were creating tension and provoking conflicts These remarks follow reports from Australia that China committed a dangerous act of aggression against an Australian air force plane conducting aerial surveillance in the South China Sea China has also criticized sanctions brought against Russia whose invasion of Ukraine has refused to condemn or even describe as an act of aggression I'm Karen Chammas
Bloomberg Radio New York
"chinese foreign ministry" Discussed on Bloomberg Radio New York
"Some world end national news with Nathan acre All the daily COVID case average in the U.S. is back above 100,000 for the first time in two months The delta variant remains the predominant strain but has been detected now in at least 17 states New York City mayor Bill de Blasio is calling for a private sector vaccine mandate He's now requiring full vaccination to get into restaurants gyms and entertainment starting the Monday after Christmas China is promising firm countermeasures if the U.S. goes ahead with a diplomatic boycott of the Winter Olympics in Beijing multiple outlets reporting President Biden will announce one this week Bloomberg government Emily Wilkins says the move would be largely symbolic Very few diplomats were expected to attend anyway due to COVID restrictions and because of tensions between China and the U.S. also Beijing said that they had no plans to invite American politicians anyway Emily Wilkins with bee gav a Chinese foreign ministry spokesperson is accusing the U.S. of grandstanding with this move China isn't being specific on how it would react to a diplomatic boycott One of the few living survivors of the Attack on Pearl Harbor has returned to Hawaii to Mark 80 years since that date which will live in infamy David Russell was a 21 year old navy sailor when a Japanese bomb hit the USS Oklahoma and he made a run for it I just made a big me and I caught a whole little line that was hanging over the sides of the bar one And I horsted myself on board to Maryland David Russell is now a 101 years old He will join about a hundred other veterans for a moment of silence 80 years to the minute of the attack tomorrow Global news 24.
Monocle 24: The Globalist
"chinese foreign ministry" Discussed on Monocle 24: The Globalist
"At least you know as far as the the developing world is concerned. So i think you know the us sensing the each the eu sensing the eat but bilaterally they have a lot of disagreements about how to move forwards and by actually they also have a lot of concerns and problems within themselves. So i think what's interesting in the next twelve months or twenty four months would be to see how much you know. The eu would actually moved slightly towards us position when it comes to policy-making of china and all the while the chinese can absolutely sit back and watch watch that bickering take place. Yesterday was quite astonishing. Insofar as the talks were held on chinese territory the The the chinese diplomat's very forthright in their rebuking of the united states diplomats. One very much got the sense that the chinese were saying. You're on our territory. We will tell you what we think of you and we will tell it to our own people as well and that was absolutely the kind of message that the chinese foreign ministry has been saying as long as soon as they announced. Wendy sherman's visit in the first place. there was a reporter asking. You know one of the spokespeople of the foreign ministry. Oh what would you know. How would you react to wendy. Sherman stands you know she would be talking about approaching china from a point of strength and the foreign ministry spokesman of saying well al gore minutes to winch a loss cut in beach Anthony lincoln the secretary of state hoppy year ago and even on such nation we wouldn't we would stand out. Ground would act tough. Let alone this time. Where i she would be coming to our territory so that was absolutely a very clear message that said i think china did if the us a lot of quote unquote face by arranging. Sherman's visit to insist heat. That is only thirty minutes away from beijing being so close to the capital amid a pandemic that is still i mean despite china's success in curbing the pandemic it's still feeling the heat. I mean usually. When foreign minister visits china these days he or she would be placed like thousands of kilometers away from beijing but this time she was only thirty minutes away which kind of showed how much importance china gave the. Us and this two sides have agreed to keep talking with the us president. Very much. a fan of face-to-face diplomacy. I think the next interesting thing would be to see whether siege in paying and joe biden than south keeping meeting face to face one speculation that they might be meeting in rome during the g twenty summit later in the year. We'll still have the see particularly because you know. seeking pain precedent has not been traveling out of china's since the start of the pandemic whether he feels comfortable enough to travel all the way to room is one thing and the other thing is what kind of outlook are we. Seeing visiting u s china relations. Are we seeing more quote unquote coercive diplomacy from. I decide whether there will be more policy. Making more monitoring international coalition on either side of the ocean and whether that kind of atmosphere would be conducive one the to lead us to sit down and talk business. Face-to-face finally a quick word on the recent floods under-reporting of them at our foreign journalists. having difficulty. Doing this there is quite a lot of information. Coming out of china suggesting that that being a journalist in in china is quite a difficult job at the moment and especially in the moment of So much national attention on this event as well as you know what. People speculated to government's attempts to cover up some effects absolutely a lot of journalists on the ground in joel are facing a lot of difficulties trying to report on the on the flood and for example that would be netizens calling on the local people Not to talk to journalists to try to block them accusing them of is journalism Asking why entrust government vegas so there's a little bit of physical confrontation and a little bit of you know trying to stop journalists from carrying out the work and this is exactly in line of the kind of on increasingly Ugly scene of nationalism. If you like when it comes to treating foreigners when it comes to treating foreign journalists stood lau thank you so much for joining us on monocle. Twenty four you're listening to the globalist fifteen and seventeen here in london. Some extraordinary political developments been happening in tunisia. The origin of the two thousand hundred ten arab spring the country this weekend was convulsed by anti-government protests.
The CyberWire
China gets in on the SolarWinds act
"Reuters reports that the fbi investigation of the solar wind supply. Chain attack is looking into evidence that chinese threat actors successfully exploited a vulnerability in the company's software to compromise the national finance center a payroll system operated by the us department of agriculture. The department of agriculture's reaction to the story is ambiguous. The agriculture department emailed reuters to say that. Usda has notified all customers including individuals and organizations whose data has been affected by the solar winds orion code compromise but a second departmental spokesman said after the story broke that there was no data breach related to solar winds at usda but offered no further clarification the vulnerability the chinese threat actors are believed to have exploited is said to be different from the one used by. Unc twenty four fifty two. The thread actor widely believed to be a russian intelligence service. Reuters anonymous sources told them that the campaign used and infrastructure that have been previously deployed by state backed chinese cyber spies as the washington post observes many have suspected another group was also actively exploiting solar winds but reuters. Report is the first to suggest that this second threat actor was connected to the chinese government. The chinese foreign ministry denied any involvement observing i and in fairness correctly that attribution is a complex technical issue the ministry then moved onto unlikely insistence on the usual pieties. China resolutely opposes and combat's any form of cyber attacks and cyber theft. It's doubtful that any government on the planet even say the holy sea or san marino resolutely opposes any form of cyber attack unless cyber attack is construed narrowly as to rule out any form of interception surveillance or retaliation if any pure cyber are running any government. It's doubtful that government is in beijing. Some have said that majors cyber attacks are often more like riots than bank jobs with multiple actors going after the same targets for their own reasons. Reuters quotes former. Us chief information security officer retired air force general gregory to hill. Who thinks it's not that unusual for more than one group to hit the same product. He prefers the racing metaphor to the criminal. One quote it wouldn't be the first time we've seen a nation state actor surfing in behind someone else. It's like drafting in nascar. To heal said it's worth noting that while the national finance center is housed in the department of agriculture. Its responsibilities aren't confined there. The nfc also handles payroll for other government agencies. Some of the more interesting ones from the point of view of national security are the fbi the state department the department of homeland security and the treasury department the nfc claims on its website to payroll more than six hundred thousand employees and also provides customizable and flexible financial management services and integrated shared service solutions. The data held by the nfc would include social security numbers phone numbers personal email addresses and banking information and also associations between individual employees and their agencies. Such information is useful for building. Human target dossiers of individuals of interest and chinese services have shown an appetite for such sweeping collection in the past against the us most notably in the office of personnel management breach of two thousand fifteen
WIBC 93.1FM
"chinese foreign ministry" Discussed on WIBC 93.1FM
"Here, I got to make sure I'm understanding this story. This literally just sent to me by my executive producer Matt. S O. The Foreign Ministry of Canada has said they ordered some shirts. Using the W logo of the woods Hang clan. Huh? Rap group. That's what I'd say. Alright, right rap group. No, You're so hip. Yes, right. They do the rap music. Yes, they hop Hold on. We have to get to the diner by 3 30. Otherwise I can't get the early bird special darling. So they ordered these teach shirts. But instead of just being a W Group name is replaced with Wuhan. Right, So so it's It's this T shirt that just as well on on it. And instead of just the W logo from Wu Tang clan They're made in China, the T shirts ordered last summer by someone at the Canadian Embassy in Beijing. But lately the story is circulating. The critics are saying That the W is actually a back. And the shirt implies a connection between the animals and the virus outbreak in the city of Wuhan. Right. The people, eh, that's and and all that kind of stuff. The Chinese Foreign Ministry Told reporters that Canada's explanation was and I'm quoting not convincing. Holy cow. This is not the way I thought World War three was going to start. But I should have known Would 10 clan was going to be involved? Give me some more of that. Pretty sorry. It's more what some more wood kind plan. It's really tough to find. Ah, good one. But okay, it's tough to find a good one. There's some profanity I have to do now. All right, well, then you're gonna have to do it. It's like old school Bernie Mac. Right. I do a line and then I go get it, and then you play the music. Breath. Good Lord Bernie Mac in his day was was. I mean, I don't even I don't want to say it was violent. That's not it. He wasn't violent. The comedy was so directly, I'm gonna punch you in the face repeatedly, and you're gonna love every moment of getting punched something.
Between The Lines
How to move forward with China
"To fourteen point list of grievances via the australian media. Second wine joined beef. Bali timber lobster call among our exports that the chinese communist party has imposed tariffs on. And then that tweet. This is the tweet of the posting of a digitally altered of an australian soldier about to slit the throat of an afghan child. The chinese embassy issuing a bellicose statement the rage in roar of some ustralian politicians and media was misreading and reaction. It said to deflect public attention from the horrible atrocities by sickness soldiers and to blame china for the worsening of bilateral ties. So what's going on. He and asha camera respond. Jeff rabi is a former australian ambassador to the people's republic of china and he's author of china's grand strategy and australia's feature in the new global order. That's just been published and it's available in all good bookstores jeff. Welcome back to the show so some great to be back now. I your thoughts about beijing's response to australia in recent weeks so we have that list of the foreign complaints the wind terrace and of course that tweet while a say i up disappointing to see the slights that have been made After the two quite constructive comments at the triumph prime minister a last week quite clearly. The prime minister was Diplomatically signaling That there was a strong wish to start a process of getting back to some sort of more normal relationship between the two countries the product make though it sounds dramatic when you run those three things together the way you have done that certainly not the same thing. And i'm not sure that they're all necessarily coordinated. I mean the fourteen points clearly seems to be freelancing by the embassy on matters that well known and in the public record in any case at a very odd way of putting something out if you leak it to a channel nine television crew that seems to be pretty casual behavior by the embassy then the tariff spo there has been a processing trained for months on the wind tariffs and i do understand that that was the normal process and the strain companies were busily making written submissions as part of that process. And then the tweet The present time it sounds like it's been contrived by the chinese foreign ministry as individual action. it was a tweet that was particularly widely on social media by a now nationalist artist and twitter and the foreign ministry spokesperson on his private twitter account. Pinder to name and so it's philippine. Middle level action doesn't really look to millions of any of these really coordinated broad cross section of the australian people just looking at the y. People who've responded this week is there is outrage and surely win china. does things like. This doesn't make it harder for people like you because you've been an eminent company on this issue for several years now. Hugh watt a bobcar. Pass gas on this program. Of course the former prime minister paul keating. Doesn't it make it hot. A all of you to make the case that al leaders should try to rebuild trust with such a regime yet. I can understand the public outrage especially the media is going into overdrive steer and just as you have said running all these things together as a coordinated action from the state It does make it harder to get sensible constructive discussion going a story about how we deal with these things. I like to find myself in such august company as you outlined. And you might add gareth evans. Many others that to the group as well but it certainly history doesn't help and it's difficult context in which to conduct foreign policy. What we're seeing is what is like to live in the situation with china relationships In a very poor state now. Other people in camera that i see welcome this their peopling camera who have the view that bad relations with china are inevitable. This is the new normal. We should get used to it and lupus it while the questioning myself. And the august company you've being linking me with. Is this the best interest of australia. And it also basic question. Your what has australia down to bring on china's in this way why you think china is picking on again. Picking on is quite pejorative. They're not doing this to other states. Our other key point. And i would phrase that differently tom i would say how is it that astray amongst like minded friends and allies other liberal democracies in the world in the region why's at the trial has become an outlaw and i think that really needs to be part of the public discussion. Isn't the reason. The australia is so over exposed to chinese pressure in beijing. Nosy so the chinese leaders going to inflict pain on australia whenever they can't australia. And not the other like minded way boy more. In other countries we ought to forty percent of our exports to china. No other country has that kind of exposure. I prefer countries in the region. China is by far the largest trading power. I mean that exposure would be the same for korea south korea which is liberal democracy in the region. it would be near that level. For nearly all the countries in the east asian region china is the dominant economic patna of all of the countries in the region and that is just a fact at its reflects. The extent to which china has grown as the dominant economic power in east asia. Alexander downer. The former. Foreign minister says that now's the time to reduce our exposure to china. But what everyone is saying. There's nothing new novel in that. And obviously when people start to realize that we are going to have for a long time a difficult and challenging relationship with china's manage. That's a fairly obvious. Point to make interesting from In addition to being former minister former director of the board of while clay. And very active Proponent in boosting. Australia china trade relations phrase time as soon as minister and i work very closely with him in that and i think we achieved a lot. So why wouldn't you wanna diversify every sensible business. Every sensible company diversifies the port made over and over again on this aspect is that it's going to be very hard. Because of the absolute scale and growth and prosperity of china. You are a foreign policy realist. All gripe house ruthless and that includes chana hardball at every turn and the stronger. China gets the more likely to throw its wide around now to the extent. These realist analysis is correct. How on earth do we solve. this problem. absolutely correct agree with all those points. Another point that needs to be made. And you don't make it much tom. And your pride yourself as being a realist and that is the relationship is asymmetrical that is effect. We need china. More than china needs us. This is not a comfortable place for us to be but it's a place we are. It's a place where we're stack and will remain and so We need to work out how to manage that relationship and we haven't done a particularly good job of a judging by the state rewritten today. So although you express yourself in a different way you essentially gray with the foreign policy realists professor join me shauna regular guest on this program and he argues that his china's power increases its definition of its national interests will grow and then beijing will seek a survey influence in areas on which its future security and prosperity dependent in response. The us will go to great lengths to stop china's rises. It essentially. your argument is well up a poet. I'm a great Admire of joint mish as well. I differ with him on a couple of points but his analysis and arguments have been hugely influential in helping me shape my thinking about these But i put on sphere of influence is. I think that's already happened. I think china is the dominant paranagua this at length in my book in eurasia from the east china sea to also china is the dominant parent. That's happened largely because sanctions against russia poor economic performance by russia Pushback from from europe against russia has meant that brushes had to cede to china's ascendancy in eurasia and so very part of the world. And i think we now live in a world of michigan talks about a world of two great powers with boundary orders and in the question then becomes is some equilibrium at stable between the two. And i believe there is.
BBC World Service
Australian leader calls China's graphic tweet 'repugnant'
"Prime Minister, Scott Morrison has demanded an apology from Beijing of what he called a repugnant tweet about Australian troops in Afghanistan. In an escalation of tensions between the two countries. China's Foreign Ministry official posted a fake image of an Australian soldier holding a knife to an Afghan child's throat. It follows a war crimes inquiry the found incredible evidence of unlawful killings by Australian troops. Mr Morrison said he does Twitter to take down the post. It is utterly outrageous. And it cannot be justified on any vices whatsoever. The Chinese government. Should be totally ashamed. Off this post. It diminishes them in the world's eyes. Chinese Foreign Ministry spokeswoman rejected his criticism, She said Australia should be ashamed of its troops behavior.
BBC Newshour
China Joins WHO-Led Global Coronavirus Vaccine Effort As U.S. Sits It Out
"Goes on in labs across the world to develop an effective vaccine or vaccines against covert 19 today a major development in efforts to ensure that all countries have equal access to But those vaccines China's announced that its joining the Kovacs program a global initiative to share out treatment's fairly about 170 countries have signed up for the U. S and Russia are still out. Chinese Foreign Ministry official Watch running says Beijing was joining to encourage other capable nations to support the initiative will torture. You know you're actually still in San stripping, even when China is leading the world with several vaccines in advanced stages ofthe R and D on with I'm full production capacity. We have decided to join callbacks equitable distribution of vaccines, especially to developing countries in the hope more capable countries will also join and support this program. China will also strengthen backs in cooperation with the relevant countries through the network.
BBC World Service
US sends top-level diplomat to Taiwan, defying China
"Late Taiwan President Lee Dong Quai despite warnings from Beijing. NPR's John Rule, which reports Keith Crock, the undersecretary of state for economic growth, energy and environment, will be the second senior U. S official to visit Taiwan since early August. Beijing considers Taiwan a part of China and its vowed to unite the self ruled island democracy with the mainland by force, if necessary. China's government was irate when health and human services head Alex Cesar visited Taiwan in August. He was the highest drinking U S official to visit Taiwan since Washington and Taipei cut formal ties in 1979. Chinese Foreign Ministry spokesman this week called on the United States to stop official exchanges with Taiwan to avoid quote serious damage to China U. S relations and peace and stability across the Taiwan Strait. John Druitt. NPR NEWS The Justice Department is charging five Chinese nationals with a wide ranging hacking scheme targeting more
Techmeme Ride Home
China Launches Initiative to Set Global Data-Security Rules
"Has launched a global data security initiative to counter the US's so-called Clean Network Initiative. China is urging countries to oppose what it calls mass surveillance against other states in other words as the US has been trying to get countries to sign up to its system of non Chinese tech and telecoms and other technology. China is now rolling out its own system to counter this quoting the. Wall Street Journal. China is launching its own initiative to set global standards on data security countering US efforts to persuade like-minded countries to ring fence their networks from Chinese technology announcing the initiative on Tuesday at a Beijing Seminar on Global Digital Governance Chinese. Foreign Minister Wang Ye cited growing risk data security and what he characterized as efforts to politicize security issues and smear rival countries on technology matters in an apparent swipe at Washington to counter such challenges. Quote it is. Important to develop a set of international rules on data security that reflect the will and respect the interests of all countries. Mr. Wang. Said according to a transcript from his speech published by China's Foreign Ministry under its new global initiative on data security. China would call on all countries to handle data security in a quote comprehensive objective and evidence based manner and maintain an open secure and stable supply chain for information and communications technology and services according to. A text released by the Chinese Foreign Ministry. It would also urge governments to respect other country's sovereignty in how they handle data in line with Beijing's vision of cyber sovereignty whereby countries exercise full control over their own corners of the Internet the initiative doesn't mention the US, or it's clean network program. Mr Wang nonetheless made it clear in his announcement that the move comes in response to the White House effort quote bent on unilateral acts a certain country. Keeps making groundless accusations against others in the name of clean network and use security. A pretext prey on enterprises of other countries who have a competitive edge Mr Wang said according to the transcript quotes such blatant acts of bullying must be opposed and rejected and quote Chinese diplomats have approached a number of foreign governments to seek their support for Beijing's initiative people briefed on the matter said, it wasn't clear how much interest is garnered so far and quote.
The Takeaway
China Freezes Credentials for Journalists at U.S. Outlets, Hinting at Expulsions
"China is withholding the renewal of press credentials for journalists at some US news media outlets, including the Wall Street Journal, Bloomberg and CNN. NPR's John Ruit reports. This comes as some Chinese journalists in the U. S wait for their lapsed visas to be renewed. The foreign correspondent's Club of China says at least five journalists working for American news outlets have been affected. China's Foreign Ministry has issued them letters in lieu of press cards, forcing them into what the FCC calls a precarious temporary status. Foreign reporters in China must have ministry issued press cards to get residence permits that allow them to live and work in China. Move is the latest in a string of tit for tat measures between Beijing and Washington on Twitter, a Chinese Foreign Ministry spokeswoman said cooperation with US journalists could continue if Chinese journalists are treated fairly in the United States. Genre, which
The World and Everything In It
Chinese consulate in Houston ordered to close by US
"China ordered the United States on Friday to close its consulate in the western city of Chengdu that in response to the trump administration's order this week for Beijing to close its consulate in Houston US intelligence officials say the Houston consulate was really a front for Chinese espionage operations in the United. States something China Denies Anna Statements. The Chinese Foreign Ministry said the measure taken by China is a legitimate unnecessary response to the unjustified act by the United States.
Red Eye Radio
China Orders US Consulate In Chengdu Closed After Houston Closure
"Has ordered the U. S the clothes it's consulate in the western city of Chengdu. In an increasingly diplomatic conflict. Michaels has the order followed the US closure of the Chinese consulate in Houston. The Chinese Foreign Ministry appealed to Washington to reverse what it called an erroneous decision. The Trump Administration on Tuesday order the Houston consulate to close within 72 hours, it alleged Chinese agents tried to steal data from facilities in Texas, including the Texas saying and medical system. The United States has an embassy in Beijing and consulates and five other mainland cities and a consulate in Hong Kong. Chinese territory.
Stephanie Miller
China orders U.S. to close consulate in Chengdu amid rising diplomatic tensions
"Ordered the U. S to close its consulate in the western city of Chengdu in an increasingly difficult diplomatic conflict. The Michaels has the order follow the US closure of the Chinese Consulate in Houston. The Chinese Foreign Ministry appealed to Washington to reverse what it called an erroneous decision. The Trump administration on Tuesday order the Houston consulate to close within 72 hours, it alleged Chinese agents tried to steal data from facilities in Texas, including the Texas saying in medical system Thie United States has an embassy in Beijing. And consulates and five other mainland cities and a consulate in Hong Kong. Chinese territory. Bill
The Young Turks
US Orders The Closure Of Chinese Consulate In Houston To ‘Protect American Intellectual Property’
"The trump administration has ordered the closure of the Chinese consulate in Houston Texas further escalating tensions between the United States and China. This was an abrupt move and China was essentially told that the officials needed to vacate the premises within seventy two hours there about five US consulates in mainland China and one in Hong, Kong and China has responded by saying that if the trump administration refuses to reverse this decision. Decision they will retaliate possibly by closing down one of the US embassies in China now a spokesperson for the State Department said in a separate statement that China has engaged for years in massive illegal spying and influence operations, and that those activities have increased markedly in scale and scope over the past few years now the allegation here is that the Chinese foreign ministry consisted of spies who were looking to. Obtain Trade Secrets when it comes to a corona virus vaccine.
Larry Elder
US Orders The Closure Of Chinese Consulate In Houston To ‘Protect American Intellectual Property’
"US says it has ordered China to close its consulate in Houston to protect American intellectual property and the private information of Americans. Actor Gordon's Chang, author Gordon Chang tells Salem radio. The closure of the consulate was a long time coming. United States gave China 72 hours notice to close the consulate in Houston. Houston consulate was supposed is thought to be a hub for espionage in China for Chinese espionage in the United States, and so this was an important thing. A Chinese Foreign Ministry spokesperson called it an outrageous and unjustified move that will sabotage relations between the two countries. He warned affirm counter measures if the U. S. Does not reverse its decision.
America's Morning News
China says US has ordered it to close Houston consulate in what it calls a provocation that violates international law
"Breaking overnight. China says the U. S. Has ordered it to close. It's Houston consulate. What it's called a provocation that violates international law. Chinese Foreign Ministry spokesperson said the U. S abruptly demanded the previous day the consulate cease all operations China, saying it will respond if the decision is not reversed in a statement. Early this morning. The State Department says it did it to protect intellectual property. Media reports out of the Houston area said authorities had responded to reports of a fire at the consulate. The Houston Chronicle, citing police said. Witnesses said people were burning paper. In what appeared to be trash cans that abrupt eviction coming the same day, the Justice Department accused to Chinese hackers of stealing hundreds of millions of dollars of trade secrets more recently targeting firm's developing a vaccine. For the Corona virus that was announced on Tuesday. Campaign targeted intellectual property and confidential business information held by the private sector. Including Cove in 19 related treatment, testing and vaccines. The hackers also targeted the online accounts of non government organizations and individuals, dissidents, clergy and democratic and human rights activists in the United States, China and Hong Kong. Into the indictment. These malicious cyber activities began more than 10 years ago and were ongoing as of the date of the indictment. During that time, the hackers stole terabytes of data from hundreds of targets, establishing themselves as a prolific threat to U. S and foreign networks. Activities outlined in the indictment are concrete examples of two concerning friends first. And one we've seen for some time. China is using cyber intrusions as part of its rob, replicate and replace strategy to technological development, Second and one that is perhaps less appreciated by the public and international partners. China is providing a safe haven for criminal hackers who, as in this case are hacking in part for their own personal game, but willing to help the state And on call to do so.