35 Burst results for "Shenzhen"
"shenzhen" Discussed on Something Rhymes with Purple
"Someone's beckoning you, you again are calling upon them to do something so they're back and call you basically have to do everything that they ask you to do. Very good. Yeah. Okay, I'm begging you now to give us your three words of the week, unusual words that you think are interesting, the doctor share with us. Where do they come from? Okay, are you who did Giles? Yes, I'm afraid I am a whole. I tried to keep everything in my wife tries to get rid of everything as I must have told you before. She has told me often that before she phones the undertaker, she will be calling the people from the skip company at everything. All my old books, all my old papers, all my own knitwear will be going on the skip before I'm taken to the creme. No. Okay, well, what she wants to do is expropriate, in other words, it's to get rid of. So we know to appropriate, which is what you do, you appropriate things left right and center. Somebody who wants to get rid of them and this might be some people's resolution for 2023 is to expropriate stuff that you've been holding to get rid of or no longer own. Just interesting I think it's quite obvious antonym to something that we use all the time, but this one we don't. Do you have lots of books that you don't ever plan to read and still want to keep? I want to keep them, but I do plan to read them at some point. I don't think there's anything that I've got that I don't want to dip into. Well, I'd just like having the books on, I mean, I've got thousands and thousands of books. Some of them I do intend to look at again, but lots of them. I like to know they're there. Even if I've never opened them, I still want them. But my wife wants to expropriate the lot. Which of those are happy medium? Well, I don't know that there is, honestly. Being a partner's possibly. Possibly that is the answer. I think she would discuss that at the next meeting. Come onto your next word please. Okay, so after you've expropriated, you might be puffed out and dumb fungal being used up and exhausted. So you would want to sit in chimney corner and I love chimney corner. It's a very old metaphor, meaning the place of idlers. So I think it would be good for all of us to take some time out in chimney corner this year. And finally, a sweet one that we probably have mentioned on the podcast before. Nunch and a is simply food eaten between meals, but it just sounds lovely, often a labor is smack, having some luncheon as you stop work for a little bit. It just makes me smile. So I can tell you just add to the thread that always fascinated you. Did it come before luncheon? I think it did. So nonsense was originally actually a drink taken in the afternoon, as well as a snack. 1300 and it probably was from noon, and then an old word Shenzhen, meaning a cupful of liquor. But actually because we knew punching and truncheon, we decided that we would go with the in at the end of it. And luncheon is from the 16th century. And yeah, so nunchuk came first. Nunchuk predates the luncheon. You see this is why people tune in from across the world. They are discovering things on something rhymes with purple. They never
A week into China's easing, uncertainty over virus direction
"A week after the easing of strict China COVID-19 containment measures uncertainty remains over the direction of the pandemic in the world's most populous nation. After years of trying to track the virus down to every last infection, the government now says that's essentially impossible. But it's not clear what that means to reporting the most serious cases, while major cities such as Beijing, Shanghai and Shenzhen have invested heavily in healthcare, second and third tier cities and communities in the vast rural hinterland have far fewer resources to deal with a major outbreak the government's asking those with mild symptoms to recuperate at home, Yale Professor of public health, Xi Chen says if they don't, that could lead to strains. I'm Charles De Ledesma
Beijing, Shenzhen scrap COVID-19 tests for public transport
"Chinese authorities have announced a further loosening of COVID-19 restrictions with some cities no longer acquiring testing for public transport, the slight relaxation and restrictions comes, however, as daily virus infections reach near record highs. It's also follows protests across the country with many citizens frustrated by rigid restrictions that are now entering their fourth year as the rest of the world has opened up. The cities of Shenzhen and Beijing have set commuters no longer need to provide negative tests to use public transport, but in Beijing testing is still needed to enter venues like shopping malls, which have gradually reopened the requirement has led to complaints from some Beijing residents that even though the city has shut many testing stations, most public venues still require COVID-19 tests. I'm Karen Chammas
"shenzhen" Discussed on Mac OS Ken
"Checking in again with our friend from Jeffries group, despite the devices hit or miss availability, mister mcneely says the lack of ready availability for iPhone 14 pro models is costing Apple. Assuming three weeks of full lockdown and a ramp back up, mcnealy says the impact would translate to three to 5 million pro phones missed this quarter, 3.2 billion to $5.3 billion in revenue and four cents to 6 cents in earnings per share. But you know, apple is magic. The way the analyst sees it, there are things Apple can do to soften the blow despite the zhengzhou plant accounting for 85% of iPhone 14 pro and pro max production in his estimation. Tricks he sees up Apple sleeve include one maximize output at the Shenzhen site in Guangdong, which is tooled for iPhone 14 pro and pro max models to extend 24 hour operations for a longer peak season and increase output in December three, pay bigger incentives for overtime a new workers and four stagger vacations to achieve continual operations with more workers. And I don't think he had even heard about the army when he wrote his note. Maybe it's those tricks. Maybe it's a belief that folks waiting for an iPhone they want will keep waiting for the iPhone they want, whatever the case, mcnealy is standing pat on Apple. He maintains a buy rating on the company's shares and the price target of 100 $95. We've got details on apple's Major League Soccer plans. The Cupertino company and Major League Soccer or MLS announced terms of their season pass offering on Wednesday. This is the one that Apple
"shenzhen" Discussed on 10% Happier with Dan Harris
"It's going to increase things like your base level, clarity, concentration, equanimity, and so forth. So you have a set of exercises you do, you do a little bit each day, our minimum suggestion is ten minutes of formal practice each day, which actually doesn't seem like much. But you have to keep it up for your whole life. And that's not trivial. Then in addition to that minimum daily formal practice, every now and again, you do retreats. A half day retreat by yourself, a one week retreat with a group with a teacher without a teacher, you do intensive practice. It's analogous to intense rehearsal if you were a musician or the training that precedes your Boston Marathon if you're like a runner or something like that. So every now and again, you do intensive practice. So you have day to day schedule of practice, but it doesn't have to be more than ten minutes, but every day, and then you have retreats, doesn't have to be more than four hours, but it's intensive practice. You've got your techniques, and then you have support. Ideally, you have at least one interactive competent coach who works with you knows you and systematically supports you through your practice, customizing the guidance to your interests and proclivities. Establish and maintain that for your lifetime, an ordinary person living an ordinary modern life can do this in terms of time and energy. It's not an inordinate. Request. But it does take a lot of maturity because it's a long-term investment. You have a pretty good shot if you have a highly systematic practice. That sometimes in the course of your life, you will start to experience some of the deeper things that we would associate with the classic results. But this is what the 20th century showed us with MBSR, mindfulness based stress reduction. That's what started the revolution. 40 years ago, modern humans with an ordinary science centered view of the world with an ordinary allocation of time and energy if they keep it up their whole lives. Have a pretty good shot at some really good stuff. So I would say for the individual invest in the future, your future, which is also the future of everyone you care about in the future of this planet, find an approach, hopefully a systematic one, two mindfulness training, and then participate in that when you're 8 years old, you have raged air grief shame, interest joy, love gratitude, hopefully by the time you're 80 years old, I've just got two years to go till I'm 80. Hopefully by the time you're 80 years old, you do that much, much better than you did it when you were 8. Duly noted. And yes, I will plus one until I have no breath left in my lungs on systematic training in meditation and mindfulness. After the break, James gross explains what he believes are the elements that unite science and Buddhism when it comes to emotions, plus Shenzhen argues that sooner or later, the monastery will come for you, he'll explain what he means by that, keep it here. James, let me just go back to you. You may have something you want to say in response, and you can sure do that. But let me tee you up with a question, which is related to it, because Shenzhen has brought us nicely to the third tool in your toolbox here, which
"shenzhen" Discussed on What Bitcoin Did
"You look at what's happened to the area surrounding Hong Kong like Shenzhen, Shenzhen is now the wealthiest per CAPiTA place in China because of in part because of its relationship with Hong Kong and the fact that it sits just across the border because when you have these really wealthy and successful areas, then that creates more opportunities for people in the geographical proximity. So we make that kind of case to governments when we're talking to them about establishing special zones. And I guess you're taking some of their responsibility away from managing errors and paying them for it. You're paying them to operate an area for all of them. It's like a strong logic to it. But at the same time, you're making an argument for government and nonexist. You're basically having to tell them there's no reason for you to exist without telling them that, pretending them enough to convince them to do it. Well, yeah. If you want to get into a really philosophical case, I do. Yeah, some people you can make that argument. What we're saying really is that you don't have to go as far as we might do individually in terms of your view on politics and whether you think that you want to go to a full and capitalist kind of society or whether you think something like the small libertarian, but further away from that and more close to what today's society might be is the better option. You don't really have to take a position on that because in practical terms what we're suggesting is that the zones are just granted a high degree of autonomy and we make the case for having good legal frameworks for having better incentives for the zones that are established such that the people that are running the zones have a direct incentive to make them succeed. They're not rewarded for decisions that boost activity in the short term, but might be bad for the long term.
"shenzhen" Discussed on Dateable Podcast
"Like someone that you in your same industry that before you would end never wanted to explore. You didn't want to date other comedians. I think the relationship history is another major takeaway for me is that the relationships you've had in the past set you up for that one great relationship where one great love or multiple great loves, right? It doesn't have to be marriage or this one person, but every relationship matters in every relationship counts. We asked you about how you met Hannah and then we went into how you had a relationship with Shenzhen in China because her experience and your relationship with her set you up for the next relationship. And then the next relationship. So it's important for us to understand that we're not wasting time when we are in these relationships that don't work out. They actually do pave the way for our, you know, the big love of our life or the loves. And the other thing that we kind of forget that you touched upon does is that the relationship history also includes our relationship with ourselves. We are also dating ourselves. So if we are just going from another person to another person and we're forgetting about ourselves, it's harder for us to open ourselves up for love. So when you did that time alone during the pandemic, really in solitude really working on reconnecting with yourself, I truly believe that's what set you up for Hannah. Is that you strengthened your relationship with yourself? Well, you said it does. It's like the pause, right? Like you were just going through life, not reflecting and just doing because that's what a lot of us do, you know? We were just go, go, go. That's the society we live in. And I think taking that pause and really seeing, what is it that's important in sitting with feelings that maybe have been ignored for a while? That is what we see over and over again is what sets someone up to beat that person. Hey, I'm from the first pure generation. If you don't stop and look around sometimes, you might miss it, you know? It's very easy to forget to look around. It's very easy. Definitely. Does love it. Thank you so much for this conversation. It's been phenomenal to have you on our show. We didn't really know where this conversation was going to go. We had some stories that we knew about, but it's so great to hear it from you and your journey. If people want to learn more about you, where can they go? I mean, I'm at this bishop on Instagram
"shenzhen" Discussed on Bloomberg Radio New York
"Bars and KTV outlets and Shenzhen as well as introducing lockdowns in certain areas. And there's no sense of these restrictions letting up. What this is doing is creating an immediate hurdle for companies that have production in major parts of the country. We saw how the Shanghai lockdown affected the biggest automakers in the world, including Tesla. So a U.S. China business council survey actually found that 51% of American firms were optimistic about China's 5 year outlook. And that's actually a record low. And falling from 69% last year. So it's not looking good because China is in need of capital flows at this point as it tries to move up the manufacturing supply chain. I think it was a fascinating bit of research, wasn't it about how U.S. firms now feel when it comes to investments in China. Ishika, thank you for being with us. Is our Asia stocks editor in Singapore coming up in the next part of Bloomberg daybreak, Europe then, pals Jackson holes, speech. I mean, it really did cause a rethink in markets, Janet muy head of market analysis at Bruin dolphin will be joining me. What does it mean? For stock markets and how bullish can we be about Europe? How does the continent deal with the energy crisis? I'll be discussing that with Janet Murray next, this is Bloomberg. Neil Armstrong waited 6 hours and 39 minutes to step
"shenzhen" Discussed on Chasing Poker Greatness
"So this is something very concrete and at the same time really vague in some sense because consciousness is one of the very difficult unresolved issues, right? I mean, what is consciousness and where is derived and conscious? Yeah, consciousness for me is awareness. It's just when you say like my arm hurts, you know, it's like who's the my in that statement? And the my to me is the consciousness. The awareness that we are. We were Brad or I is just being aware of the inputs and my surroundings. Let me ask you this because I always wanted to discuss this with somebody. Do you think rocks have any form of awareness? Like beings that we wouldn't call Shenzhen, like, for example, rocks or mountains or the water, is there like any, by the way, incidentally for the listener, this is a philosophical movement which is called panpsychism, the idea that there are levels of consciousness in basically every material. I would agree with that. You would agree with that. Okay. Because I mean, to me, it must be because this planet was a rock. And life spraying from a rock. So, and if consciousness sprang from that, then there must be some level of consciousness in rocks and mountains. Or probably that's like, it's more the atoms that make up. Absolutely. Absolutely. So I mean, you basically saying that it's, in some sense, it's turtles all the way down, so that consciousness must have come from somewhere. It didn't come randomly. It just has to come from the material that we're composed of. The material that the earth is composed of, right? They have access to else, how did we how did we get consciousness, right? If it doesn't come from that, then is it just like a magic trick? I'm sure there's many religious people who have been jumping there.
Which Nation Is More Motivated to Go to War?
"Should be biased in the American direction. You should be wanting America to win any conflict. So if we were kind of in a coma for 30 years and we snap out of it and they said, okay, which side is more ready for war? Well, let's look at something that really can't be measured, motivation. Which nation is more motivated right now. The Chinese Communist Party or the American government. Now our government is motivated to put our entire country through the shredder, China is taking land. They have eliminated Hong Kong. It's done. It's over. Hong Kong is nothing but a memory. I'm struck by that famous scene in 1984, great book, all of you should read it at least once a year. You'll find something new every time. Where they just cross stuff out in the newspaper. They set up that didn't exist. That didn't exist, that is precisely what they did to Hong Kong. It doesn't exist anymore. Are you kidding me? Hong Kong is nothing more than a memory. And in fact, that memory we are going to eliminate Hong Kong is actually now call I want to make sure I get this right. That's right. It is the minor area of south Shenzhen. That's Hong Kong. The beautiful history and once free place of Hong Kong has been eliminated. So do you think we're prepared for the next military conflict?
"shenzhen" Discussed on TuneInPOC
"Vivian comes back to tell me about a curious byproduct of China's rapid urbanization, villages in the middle of the city. After this. So I'm back with Vivian light here, Vivian. Hey, Roman, how are you doing? How's the painting? Where'd you put it? It is. It is in the closet. We have this walk in closets on joy side. So when she's getting ready in the morning, there's this oil coming of meeting. Crooning at her, you know? It's this kind of funny inside joke for us. But every once in a while, if somebody's like, I don't know, coming by and they haven't been to the house because people haven't been in the house very much. So you give them a tour or whatever. And then you realize that there's this oil painting of your own face. Like in the closet, and they kind of walk away. Yeah. Man, this Roman's really entered his megalomaniac phase, I guess. He's got this painting of his face. It freaks out the kids a little bit. It has a very fun effect on the household. I'm very very happy with that. So I'm assuming you don't want to just talk about the oil painting of my face in the house. There's something you research that didn't make it into the story. Yes, yes. You monsters actually cut it out of the script. But I really wanted to talk about urban villages. This thing called urban villages because duffen is sort of both a good and a bad example of one. So what exactly is an urban village? Yeah, so they're this very fascinating urban design phenomenon that came out of the rapid development of Shenzhen. So this also happens outside of Shenzhen, but I'm just going to focus there because we're already there. But if you were to look at Shenzhen today, it is a gigantic megacity full of towering skyscrapers, technology parks, and these big open city blocks that were centrally planned in our managed by the government. So for the most part, it looks like this cohesive, even futuristic metropolis. I've actually dropped a photo below to give you an idea of what it looks like from. Yeah, I mean, it's amazing. Like multi colored, fancy glass. It looks like a future city. Yeah, exactly. But you know, when I say that it's cohesive for the most part, it's because scattered throughout the city are these small pockets of neighborhoods that actually disrupt the urban fabric of modern Shenzhen. In this really interesting way. And these neighborhoods are the urban villages. So what do you mean by disrupt? What do they look like? So they're essentially these blocks within the city that developed entirely differently from the rest of centrally planned Shenzhen. I mentioned that most of the city is composed of giant steel and glass skyscrapers that seem super modern with these wide streets, but urban villages are these incredibly dense neighborhoods packed with multi story apartment buildings divided by very narrow alleyways. And you can instantly tell that the same building codes do not apply in these places as the rest are Shenzhen, because the apartment buildings, they're way smaller, like three to ten stories tall, but they're just so densely built next to each other. They're so densely packed that they're actually called handshake buildings because supposedly you could reach your arm out the window and shake the hand of the person in the next building. Wow, okay. You're talking very, very close. Yes, very, very close together. So these apartments are also mixed use, so people might live in the floors above, and then down below, there's like bustling with markets and shops and restaurants and schools. And I actually have another picture of the meeting point between an urban village and the rest of the city. Okay, so we're looking at a sort of top down view of building surrounding, like tall buildings surrounding, and then a real mishmash hodgepodge of buildings at different angles and different heights and it really is very, very different. It's just like this informal enclave, like enveloped by square angle rest of the city. So you mentioned that the building codes are different. I mean, are they just regulated completely differently than the rest of Shenzhen? Yeah, so while most of Shenzhen is managed by the government, these urban villages are owned and managed by village collectives, which is why the same building codes don't apply to them. And why their development almost looks improvisational compared to the rest of the city. So if the rest of Shenzhen was so meticulously planned, how did urban villages.
"shenzhen" Discussed on WNYC 93.9 FM
"He turned to COVID prevention in Shenzhen He gets paid about a $100 a day working 6 hour shifts twice a day The outbreak in Shenzhen is mostly controlled So they'll start firing workers I got a group of buddies together and will look for the next lockdown for more work When Shanghai got locked down Lu said he'd go help scam buildings or solo slang for going door to door convincing unwilling residents to take a PCR test Except this time Lu didn't make it to Shanghai He got off the bus halfway after the temp agency tried to claim most of his salary as a finder's fee We were tricked by a corrupt labor agent I managed to get on another bus headed to a nearby city where there's been an outbreak linked to Shanghai's so now I'm going house to house knocking on doors and doing PCR tests there The same thing happened to Huang Bowen He lost his job as an ecommerce marketer when tough new rules came into effect last year on online marketing He agreed to a job administering PCR tests in Shanghai this month taking a 20 hour bus ride to the city under lockdown Except the bus brought us straight to a quarantine center for symptomatic patients That's not the kind of work we've been promised All of us workers denied dare into without proper health training But since we've been in Shanghai we couldn't just get on a bus back home We've been quarantined as soon as we got back After calling the police Huang did make it home He's in quarantine now and he's now planning to live with his parents after until he can find better work Migrant Lee Ku was already living in Shanghai when the city shut down He's now wrapped up in PPE and working in a school turned into a makeshift quarantine facility sleeping ten to a room with other workers But that's better than what his fellow Margaret workers are going through I consider myself lucky I got out of my workers dormitory in Shanghai before lockdown so at least I can earn some money and pay the rent May feel lucky but the work he's doing carries extreme stigma Because of China's ongoing strict pandemic controls anyone associated with COVID prevention work literally becomes untouchable After weeks on the job they need to be kept apart in quarantine from the rest of the population for at least two weeks Even though national policy is only two weeks authorities insist in keeping me in here for four weeks of quarantine This is true one Tian who volunteered to work in a state quarantine center during an outbreak this year in the northern city of longfellow not far from Beijing except he contracted COVID in the first week He was not allowed to isolate in the very ward he was working in Instead he's being held in an off the grid facility little more than a metal box with windows I used to work at a factory for car parts but during the lockdown my worst stopped so I volunteered to staff at the isolation facility Now the lockdown is over but here I am in the state 15 years ago these were the workers assembling phones in Chinese factories building skyscrapers and fixing cars Today they're among the ranks of the dabai or big whites as China calls them The ubiquitous COVID workers closed in white protective gear.
"shenzhen" Discussed on Bloomberg Radio New York
"Early indicators for the open today Tencent we had The Wall Street Journal reporting earlier that it faced a record fine for violating Chinese anti money laundering regulations That from the PBOC In some other news we had a weaker fix from the PBOC on the yuan right now the CNH is on the weak side of 6 40 to the U.S. dollar Oil prices now $99 and ten cents a barrel So a huge drop in oil today the yield on the ten year treasury 2.13% And that is a look at markets And Baxter with headline news in San Francisco head All right thank you very much Brian China's now reporting out over 5100 new local COVID cases day to today China says it will conduct mandatory testing in Shenzhen province midst the lockdown that is going on there now and in Hong Kong chief executive Carrie lam says Hong Kong does not have the infrastructure to roll out a snap lockdown and roll out testing that has been done in Shenzhen U.S. wastewater network that monitors for COVID trans is warning that cases will once again rise in many parts of the United States Now this is coming out of Bloomberg data in conjunction with the CDC Talks between U.S. and China regarding Russia are characterized by the United States as substantial the U.S. has told China any interference with sanctions on Russia will be met with severe financial consequences and China's public stance is that the U.S. has been putting out some misleading information about it possibly helping Russia saying that it is not and that it is a peacekeeper in San Francisco I'm Ed Baxter This is Bloomberg All right guys back to you Paul All right thanks very much I guess for the hot thought is Helen cha she's great for great chief of creator China economist at Bank of America global research and we're talking about China's economy as we count down to the release of a whole lot of data at the top of the next hour In terms of that data we're getting industrial production We're expecting that to slow to 4% in February but as Shenzhen is in lockdown as there are restrictions and other Chinese cities in the price of commodities continue to rise could that just be the start could we see industrial production slowing even sharper from here Yes that's probably very likely I think the problem is that first of all we have a higher base of some a year ago so for gen fat but this data IP data is probably going to be weaker compared to December But then as you said the recent COVID related lockdowns and also various restrictions not only in Shenzhen and dongguan but also on your Shanghai and also in Shandong and jilin will potentially weigh on overall industrial activities So I think the risks are definitely tilting towards the downside going forward We were speculating or at least markets were speculating yesterday about a move on the part of the PBOC to reduce the medium term lending facility rate maybe as early as today if you look at what's happening in the currency we had a weaker than expected fix moments ago from the PBOC and I believe that the offshore currency is flirting with that 200 day moving average which has proved to be a key support level for the currency Right now we're trading about 6 spot four zero against the greenback What if we see much more weakness in the yuan What are the options for policymakers in China They're a good question In fact as we speak I think the MLS rates have just came out at 2.85 without change So unfortunately we think that the PBOC has missed another opportunity to cut the interest rate We would have the we would expect about ten basis points of reduction here which will lead to ultimately the one year LPR being lowered by ten basis points later on But missing this opportunity basically means that before the fed hikes I don't necessarily think that the would have another chance to raise anymore But it's not necessarily going to suggest that they would have the tilting towards the currency depreciation Through that I remember it was said to be a lower than market expected slightly Today but I don't necessarily think that this is all something that the PPO C wants the market to believe that while the capital market performance report now is to turn for currency to be weaker We think that they still need to The best of strategy is still to accelerate the pace of credit expansion and lower the funding cost onshore And how about fiscal stimulus do you expect to see anything more on that front Well that is a great question The national People's Congress just concluded last Friday And they seems to be suggesting that they are more options that they could potentially use funds from previous years and also various other means to basically inject to help with the liquidity for small and medium sized companies in particular There was not too much of mentioning of massive structural tax reduction But we think that the at the moment the focus is primarily to help it with the infrastructure investment and also support employment through our SMEs What do we hope to see is actually more help to the consumers through direct subsidies but so far there is no indication that they will do it Helen very quickly I can give you 20 seconds to address the concern you may have or Bank of America on the tension now between the U.S. and China as it involves Russia Are you watching this closely And what are your big concerns Very quickly Well we are working this very closely and we think that the wild is directed impact on China's third trade I mean it may not be very significant in the near term The worry that we have is that in one the indirect impact of inflation especially if we commodity prices and two a.
"shenzhen" Discussed on Bloomberg Radio New York
"Then I forget the rest of the numbers in that So that's all you need Is that like having 2.1 kids Like what is that .1 kid You'll have to fact check me on what happens after the one four one 5 9 You gotta be precise You have a come on Precise We'll get precise for you here for a radio audiences We do on some of the individual sector levels Again we go sort of down two levels to get back to our Dyson scope on the S&P 500 And romaine talked a lot about well maybe sort of the lack of breath that we have today And you sort of see that as you have green and then you do have red for some of the losers Interestingly something we've been talking all about today with the big inflation re lift up and yields Banks and some of the dividend financials are some of the best performers are up anywhere from one to 2% on the day We go down to the losers remain and it's sort of that classic risk off its energy semiconductors auto components Those are off anywhere from three to three and a half percent All right and just headline just getting confirmation now The NASDAQ 100 down 21 percent from its all time high The first time that it's closed in bear market territory going back to march of 2020 of course the pandemic Russians Carol to be precise It's 21.2794% Yeah because we have to be precise because it is tied It's important It's pi day When I let me take a look at some of the gainers here We had two names in the vaccine universe certainly winning And that's because of the uptick that we've seen in cases over in China the lockdown major communities there We've also seen an uptick in cases in Germany and we had these story about sewage water watching it here in the United States maybe an indicator of possible uptick cases here in the U.S. anyway So Moderna atop that list 8.6% higher it was up as much as 20% earlier in the session BioNTech the German BioTech company it was up about 18% at its highs today finishing though still with a 12% gain And I wanted to mention EPM systems is constantly it feels like in the news A lot of volatility right This looks dangerous I pull dialing back into this now I don't get it It's still down about 70% so far this year It's up another 10% today I think the short interest has come down though remain on this one It's just about 1% but we know the story a lot of workers in Ukraine the CEO is under criticism but trying to figure out what the future is for this company Well no shortage of decliners today I want to start with a couple of superlatives The worst performer in terms of points dragging down the S&P 500 today Apple's syncing 2.7% closing at its lowest level since November 15th shares dropping below their 200 day moving average This after Foxconn halted operations at its Shenzhen Shenzhen said that's a big deal It's a huge deal You know but Apple has a couple of things going for it here One is the decline in hardware sales in the first quarter of the year right There's kind of this low here post holiday And two is that when it comes to COVID precautions this is something that Apple Foxconn have been preparing for for two years So they are able to buffer it a little when it comes to hardware and other places in production in other places But what does it say about what does it say about other sites too that could go through this Yeah and before you move on just real quick 'cause I want to pose this question to Gina here Because when we talk about Apple has sort of been that balance every time we've had major equity sell offs it always seemed Apple managed to survive it better than others The idea that it offers some degree of value at least relative to the others Why aren't we seeing that this time Well remember we were guided by Apple to expect better supply chain or less supply chain friction over the course of the last few months They were one of the bright spots in the landscape suggesting that the supply chain was going to ease So anything that would suggest something to the contrary is naturally going to affect them fairly significantly And this was a surprise The market wasn't expecting this We were expecting quite the contrary for Apple specifically It's a reminder that the pandemic is still here It is Another reminder is what's happening to shares of companies that have exposure to Macau Las Vegas Sands being chief among them shares finishing the day down 11.9% 68.4% of revenue in 2021 for Las Vegas Sands came from Macau but those U.S. listed casino operators who do business in Macau under pressure today after those additional COVID-19 restrictions in China stand to curb visitation And then ten cent finishing the day down just about 9% after The Wall Street Journal reported that it faces a record fine for violating Chinese anti money laundering regulations This does also come after JPMorgan Chase or following that I should say JPMorgan Chase analysts on Monday downgraded 28 China stocks listed in the U.S. and Hong Kong among those was Tencent Yeah Certainly I know for a radio audience typically we do our GRR function Caroline high does it better than anyone else so we skip it that GMM function to go to yields And you guys this is a big day This was a big movement that we saw in yields I mentioned this earlier on the ten year yield the biggest one day increase in yield higher that we've seen since March of.
"shenzhen" Discussed on Marketplace Minute
"The thoughts on <Speech_Male> the market podcast <Speech_Male> from Morgan Stanley <Speech_Male> offers <Speech_Male> concise tanks <Speech_Male> on current events <Speech_Male> and <Speech_Male> their implications <Speech_Male> for financial markets. <Speech_Male> Three <Speech_Male> minutes in episode <Speech_Male> 5 <Speech_Male> <Advertisement> times a week. <Speech_Music_Male> <Advertisement> Dots <SpeakerChange> on <Speech_Music_Male> <Advertisement> the market. <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> This <Speech_Music_Male> is the marketplace minute. <Speech_Male> I'm Justin Ho. <Speech_Male> Stocks <Speech_Male> closed mostly lower. <Speech_Male> The Dow was <Speech_Male> pretty much flat. <Speech_Male> The S&P dropped <Speech_Male> three quarters percent, <Speech_Male> and the NASDAQ <Silence> fell over 2%. <Speech_Male> The <Speech_Male> city of Shenzhen, <Speech_Male> a key Chinese manufacturing <Speech_Male> hub is <Speech_Male> on full lockdown <Speech_Male> this week. After it <Speech_Male> recorded a surge in COVID <Speech_Male> cases, <Speech_Male> Shanghai and <Speech_Male> several other major Chinese <Speech_Male> cities are also <Speech_Male> under severe COVID <Speech_Male> restrictions. <Speech_Male> Companies including Toyota, <Speech_Male> Volkswagen, <Speech_Male> and Apple supplier <Speech_Male> Foxconn <Speech_Male> have suspended some <Speech_Male> operations there. <Speech_Male> People's inflation <Speech_Male> expectations for <Speech_Male> the year ahead rose <Speech_Male> in February, <Speech_Male> according to the New York Federal <Speech_Male> Reserve. <Speech_Male> It also found that people <Speech_Male> expect their spending <Speech_Male> to rise this year <Speech_Male> by the most since the New <Speech_Male> York fed started tracking <Silence> this in 2013. <Speech_Male> <Speech_Male> And 19 states <Speech_Male> sell their unemployment <Speech_Male> rates fall in January, <Speech_Male> according to the Labor <Speech_Male> Department. The <Speech_Male> states with the lowest unemployment <Speech_Music_Male> <Advertisement> rates are in Nebraska <Speech_Music_Male> <Advertisement> and Utah, <Speech_Music_Male> <Advertisement> followed by Indiana <Speech_Music_Male> <Advertisement> and Kansas. <Speech_Music_Male> <Advertisement> I'm Justin <Speech_Music_Male> Ho <SpeakerChange> with the marketplace <Music> minute. <Music> <Music> <Music> <Music> <Advertisement> <Music> <Advertisement> <Silence> <Advertisement> <Silence> <Advertisement> <SpeakerChange> <Speech_Music_Female> <Advertisement> <Speech_Music_Female> <Advertisement> Stacking benjamins <Speech_Music_Female> <Advertisement> with Joe and his <Speech_Music_Female> <Advertisement> good friend OG <Speech_Music_Female> <Advertisement> not only has <Speech_Music_Female> <Advertisement> great <SpeakerChange> financial insight, <Speech_Music_Female> <Advertisement> it's laid back <Speech_Music_Male> <Advertisement> with humor too. <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> Will the performance of <Speech_Music_Male> <Advertisement> the S&P 500 <Speech_Music_Male> <Advertisement> and twenty 22 <Speech_Music_Male> <Advertisement> be greater <Speech_Music_Male> <Advertisement> than it was in <Speech_Music_Male> <Advertisement> 2021? <Speech_Music_Male> It's been negative so <Speech_Male> far. Let's <SpeakerChange> see how negative <Music> it is now. <Music> <Music> <Speech_Music_Male> <SpeakerChange> The signs <Speech_Music_Male> say no. <Speech_Music_Male> And that would make sense. <Speech_Music_Female> Did I just say the magic <Speech_Music_Male> 8 ball makes sense? <Speech_Music_Female> 50% of the time that's <Speech_Music_Female> never done. Stack and benjamins listen wherever you get your podcasts
"shenzhen" Discussed on Techmeme Ride Home
"2022, I'm Brian McCullough today. Well, what can I tell you? Foxconn is shutting factories in China again because of the new omicron outbreak there. Will Apple only give new chips to its pro phones going forward, why people are mad at Twitter now. How people actually watch Netflix now and checks notes a robot goat. Here's what you missed today in the world of tech. Wow, this feels like a Groundhog Day story and not in a good way at all. Foxconn is halting operations at two of its Shenzhen sites, one of which produces iPhones. After the Chinese government imposed a lockdown in that city until March 20th. Quoting Bloomberg. The Taiwanese company also known as hanhai precision industry has its China headquarters in the area and a key manufacturing site in guanlan. It is suspending operations at the two campuses and has reallocated production to other sites to reduce impact from the disruption, the company said in a statement. Foxconn didn't specify the length of the suspension, the measures from the Chinese government call for non-essential businesses in Shenzhen to halt until March 20th. While the shutdown may affect production of many of the device's Foxconn makes for Apple and other brands, demand for electronics typically troughs in the first quarter of every year after the holiday season peak on high, the primary assembler of iPhones closed 1% lower on Monday in Taipei. It expects no quote major impact for now to its finances and business from the temporary shutdown the company said in a stock exchange filing late Monday. China reported more than 3300 COVID-19 infections on Saturday as the country faces its worst outbreak since the early days of the pandemic and officials step up lockdowns to stem the spread. Foxconn produces the majority of its iPhones at a plant in the central Chinese city of zhengzhou, which has earned it the nickname of iPhone city. It's guano site is smaller in scale. The company was among the first to confront disruptions from the coronavirus outbreak two years ago when it asked staff to keep away from its Shenzhen headquarters as a precautionary measure. China placed the 17.5 million residents of Shenzhen into lockdown for at least a week on Sunday seeking the halt a growing COVID-19 outbreak. The lockdown which came after virus cases doubled nationwide to nearly 3400 will be accompanied by three rounds of citywide mass testing according to a government notice. The move followed earlier restrictions placed on Shenzhen's central business.
"shenzhen" Discussed on Bloomberg Radio New York
"China has locked down 17 and a half million residents in Shenzhen as it faces its worst COVID outbreak since the start of the pandemic infections are rising across the country challenging Beijing's COVID zero strategy Let's get more with our health technology and medical science reporter Michel Cortes Michelle so Foxconn announced just this morning that it's suspending output in Shenzhen This is going to have pretty serious impact The good part about that is that normally there is a little bit of a decline in demand for these products Apple products particularly after the end of the year and the holidays and whatnot But no doubt about it this is going to have rippling effects not only for individual products but Shanghai one of the biggest I'm sorry Shenzhen one of the biggest ports we have many things that are coming out of there They're locking everything down telling workers to stay at home work from home if possible only essential operations are essential businesses are open and they want to try to get this outbreak just 86 cases under control before it gets worse Just to have a headline crossing the Bloomberg this is from Toyota as more companies try and adapt to a new reality in that area Toyota's halting the gilding plant in China amid the city locked on the spokeswoman going on to say that it is not clear When the plant is going to resume Michelle in the meantime the latest in terms of how things are unfolding in Hong Kong The number of cases is starting to come down in Hong Kong of course deaths trail cases and those are on the rise Hong Kong striking difference compared to what's happening just across the border in Shenzhen They are reopened barbershops so there is a little bit of relaxation coming although there's rumors of limiting restaurant eating down to just one person at a table going forward but we are not yet seeing any kind of a significant lockdown in Hong Kong The number of cases are continuing while there are declining We know that there are still thousands of people being infected here every single day and the threat is real They're trying to increase vaccinations especially for the very young and the very old but the clock is ticking to get this under control in Hong Kong Michelle thank you very much for that this Michelle Cortez a health technology medical science reporter still.
"shenzhen" Discussed on Bloomberg Radio New York
"I Brian Curtis in Los Angeles Let's check this hour's top business stories and the markets U.S. officials say Russia has asked China for military assistance in its war with Ukraine The request suggests that Vladimir Putin has had more setbacks in Ukraine than expected A U.S. official did not specify what kind of equipment Moscow requested and The White House declined to comment Russian prosecutors are reportedly warning western companies that corporate executives could be arrested We get more from Bloomberg's Denise Pellegrini Sources say the warnings have gone out from prosecutors in Russia to companies including McDonald's IBM and KFC owner Yum Brands The Wall Street Journal also says the calls that visits included threats to sue at the snatch assets even including trademarks And one of the companies is actually limiting communications now between its Russian businesses and the rest of the company out of concern emails might be intercepted Bloomberg's Denise Pellegrini Apple supplier Foxconn is halting operations at its sites in the Chinese city of Shenzhen China has placed the city into lockdown for at least a week to stave off a COVID outbreak Shenzhen is a technology hub and port near Hong Kong and it has a population of 17 million The move could cause supply chain disruptions Let's check the markets We mentioned the tech index down so sharply more than 7% the hanging index itself down 3.6% meantime the nikkei has rallied about 7 tenths of 1% Dalien one 1784 and that is the end weaker by half a percent The yield on the ten year treasury 2.03% and WTI crude $105 and 93 cents a barrel Global news 24 hours a day live and on Bloomberg quick take Brought to you by 2700 journalists and analysts in a 120 countries In Los Angeles I'm Brian Curtis This is Bloomberg This.
"shenzhen" Discussed on The Erick Erickson Show
"It is going to provide and produce such instability in china. A lot of people. Frankly are worried. The chinese are going to try some sort of military event in order to distract the people of china from the economic turmoil because the chinese have moved very nationals direction and it is not beyond The possibilities you peeing. The chinese president would do something to distract from the calamities. His communist regime has allowed to happen. Ever grand is a major financial trainwreck. That has played out in real time costing the markets. I want to read for you Some tweets by suhil bloom. He deserves credit for this. The evergreen group is a fortune five hundred real estate developer with headquarters in shenzhen goddamn china. It was founded in nineteen ninety-six. It is a big business. As recently as twenty twenty it had sales over one hundred billion dollars and adjusted core prophets of around five billion dollars at its core. It's a home building business in china. Its website states. It has over thirteen hundred projects across two hundred eighty cities but it has pushed the boundaries making investments in electric vehicles and internet and media production company a theme park a soccer club. A mineral water company as a developer ever grant had to contend with a highly cash consumptive growth profile. Build a new project may take many months and requires a lot of cash outflows along the way cash collection from buyers come later with.
Covid Vaccine Certificates: A Marketplace for Fakes
"Is more american businesses demand. Proof of vaccination more chinese counterfeiters are making bogus vaccination cards eunice. Yoon joins us now with more state kovac. Nineteen vaccination cards are on sale. In china online marketed with plastic sleeves or holders custom made for the cards one vendor tells us their certificates will be shipped from a major business area in junk province or from a warehouse in the industrial town of shenzhen. This batch of one hundred is from the manufacturing hub of egwu. The forgeries are may look as if they're issued by the department of health and human services. And the cdc but typos in both english and spanish. Give the lowest version away. Even the word vaccine is misspelt. The fake end its holder sell here for eight cents on the black market cybersecurity firms. Found the focard's priced anywhere from several dollars to hundreds. This vendor says she shipped ten thousand to the us this month alone. We've had this discussion on on the set a lot. about one. new york's going to mandate something and there are. there are ways to do more than just. I don't know how how you expect anything different. Given how easy it is. Have one of these things that look authentic. You need to do a bar code. Or i mean it needs to be in the computer system from the healthcare provider where you got it so that it can be so. This won't be. They're not going to be making money for a long time. I don't think on this unison. Once once people authorities get their interact together. Yeah the people. The vendors here definitely are aiming to make a lot more money but as you said the authorities are clamping down over in. Us customs officials have seized thousands of these fake cards in places like tennessee. And alaska with the vendors also told us that they've been advising their middle agents They're kind of the middleman agents that if they want to. If they end up facing potential trouble in the us they could just send these small batches is. It makes it a lot more difficult to trace.
"shenzhen" Discussed on Techmeme Ride Home
"Every now and then apple tends to crack down on the whole ecosystem of leaks and leakers. That tend to revolve around everything that company does. They're taking us slightly new angle though in a new crackdown. And i thought it was worth pointing out. Apple has sent a season desist letter to at least one chinese citizen who advertised. Stolen prototypes of old iphone models on social media quoting motherboard. In two thousand nine hundred motherboard investigation revealed the shadowy market for stolen apple prototypes. The little known market is allegedly fueled by mysterious chinese apple or foxconn employees who sneak the hardware out of factories like longo up in shenzhen resellers than acquire the devices and sell them to collectors or to hackers looking for an edge in finding flaws and developing exploits for the iphone at the time apple did not respond to requests for comment and it was unclear how much the company knew about this grey market. Or what it was doing or planning to do about it. This season desist letter. Shows how apple is going after resellers. And how. It's trying to clamp down on the gray market. They're a part of the letter was sent by fanged partners. Apples law firm in china on june eighteenth in the letter apple ask the seller to stop acquiring advertising and selling leaked apple devices and requested a list of anyone who provided them with the leak devices in other words. Apple wants the reseller to say who gave them the devices finally. The company requested the seller to sign a document promising to comply with the requests within fourteen days of receiving the letter and quote. So i'm mentioning this because this is the fountainhead of the whole apple leaks ecosystem. That eventually trickles down us spy eventually reaching the reputable apple blogs and youtube leakers. And the like so. I wonder if going to the source of the leaking is going to disrupt.
Riot Games Announces Host Cities for 2021 LoL World Championships
"We know now that there will be a multi city tour for world's twenty twenty one. It was announced. We've got shanghai qingdao wuhan chengdu and shenzhen will all be hosting shanzen specifically for the finals itself. Maybe the semi finals. But i think it's just the finals shang do for the semi's pretty awesome That we're gonna be getting once again giant venues it's going to be in china Like we already knew there. They've got mostly the handle on the coronavirus. As it exists now fingers crossed. It stays that way. It seems just you know. Vaccine distribution is hitting a peak in a lot of different countries. Not quite game. They're in a lot of other ones. But china and the population centers themselves seem to be a pretty good spot so far
Are You Underweight Chinese Stocks? Pros and Cons of Investing in China
"Are you under weight chinese stocks. Should you be. I recently got an email from a member of money for the rest of us. Plus he lives in switzerland but grew up in asia. He mentioned that he has been a long term investor in china as he analyzed his chinese equity investments in two thousand twenty. He noticed that they didn't fall. As much as stocks in other countries and the currency held its value relative to the us dollar. He went to look at his overall exposure to chinese trying to calibrate it within his per folio he noticed that relative to the size of the chinese economy which is the second largest in the world that he was underweight chinese stocks in fact the major stock indices. Msci all country world index has five point two percent in china yet. China's gross domestic product the monetary value of their output is over sixteen percent of global. Gdp trying to figure out. Well what should his weight be. He's primarily getting his performance through an a-share etf china a-shares our stock shares that trade on mainland china and trade in the local chinese currency the lon new trade on the shanghai stock exchange and the shenzhen stock exchange historically these chinese a-shares are only available to domestic investors but since two thousand three china has allowed certain institutional investors to acquire license to be able to purchase some of these chinese a share stocks for example back in two thousand fifteen vanguard. Was i allowed to buy these chinese a-shares stocks up to one point five billion dollars. It was at that time. They added chinese. A shares to their emerging market stocks index fund and etf trading nature's has typically been dominated by local chinese investors and returns have been volatile in twenty twenty though they gained forty one percent incredible performance. It was the result of the chinese economy performing better than any developed or developing economy in the world in two thousand twenty in this episode. We're going to look at. What should our weight be in china in our stock portfolio. There's definitely some pros and cons to investing in china and that's what this member was trying to figure out what what what should his weight be in. China been twenty twenty. The chinese economy officially grew two point three percent some of its weakest annual rate of growth. But the best in the world. now there's always some controversy regarding how accurate are the official economic statistics in china. I subscribe to capital economics which produces something called the china activity proxy and it's an estimate of economic growth using different metrics that they have much more confidence in and they show that the economy grew close to seven percent in the fourth quarter from four point nine percent in the third quarter. This is on a basis chinese. gdp it's gross domestic product the measure of what it produces its output of goods and services has been growing faster than many areas around the world for over a decade and as a result. The chinese economy is getting to be a larger percentage of overall global gdp in china. And this is data from. Moody's referenced an article in the wall street journal. China in two thousand ten made up ten percent of world. Gdp us in two thousand. Ten was twenty three point two percent of global. Gdp at the end of two thousand twenty. China had grown to sixteen point eight percent of global gdp while the us has shrunk to twenty two point two percent so china at its six percentage points. The us lost one percent. As i mentioned the chinese economy grew in twenty twenty and one reason it grew was because of americans that were stuck in their homes. And we're able to travel and go out to eat. And instead bought goods off. Amazon and other stores and as a result exports from china surged in november chinese exports grew twenty one point one percent compared to the prior month and exports to the. Us grew forty six percent. Despite all the trade war rhetoric new tariffs individuals. Continue to purchase things that were made in china and many. Us companies continue to make a lot of their things in china. That growth in exports certainly helped the chinese economy. The other thing that helped the chinese economy cover is day to day. Life has generally returned to normal. The country was able to better control the coronavirus and as a result people are back driving their cars. They're taking public transportation china's not kobe. Free this past week on one day the recorded two hundred and ten new covert cases the highest since march but only two hundred and ten compared to the thousands and thousands of new covid cases confirmed each day in the us. The chinese economy has rebounded because all that manufacturing of those exports has allowed migrant workers which make up about a third of the workforce to take their jobs again. So incomes are growing in china and they're also benefiting because during the early months of the pandemic the chinese increase the amount that they're saving chinese households. Increase your savings rate. Now there appear more willing to spend that savings on buying goods and services and that has helped propel the chinese economy forward.
Is there going to be a foldable iPhone?
"Two iphone. Prototypes allegedly allegedly passing internal durability tests at apple. This is pretty exciting. So this is according to taiwanese website economic daily news and according to them tests of an apple designed folding hinge system for two different. Iphones were reportedly recently completed at the foxconn factory in shenzhen china. Would do you think that would mean if it's two different iphones. Do you think that would mean the high end low end of their entire next launch. No i think that would be two different sizes of probably a completely new utterly unique skill. interesting okay and that would be something that even even two years ago. I probably wouldn't have predicted. But if you look at apple's friend over the last three to five years i mean. Do you remember when the iphone was the iphone and apple silly branding where they don't call it an iphone or the iphone. They just call it iphone. You remember when that actually made sense because there was only one iphone. Well that's been dead forever like her lineup. Let's let's pull this up. Let's let's pull this up ladies and gentlemen apple. The apple dot com. Okay wait yes. It was something i was going to screen share. Okay where is it if it was the shroud thing okay. It doesn't matter the point. Is those pull up. Apple dot com so under iphone. You've got iphone. Twelve pro two different sizes iphone twelve two different sizes iphone se. I eleven iphone. Ten are and then you've got this this compare feature so you've gotta you've gotta compare feature because there's so many iphones you need a feature specifically to figure out which how much iphone is enough for you and be clear. I'm not saying that it's a terrible idea or anything to have you know of lots of iphones available for your customers. I'm just saying that. That wasn't apples. Traditional approach with the iphone. The idea was that when you bought an iphone you were getting this this curated this validated experience way. It was something to do with the model y video. I think it doesn't matter over. I'm over it so what's happening. Then is that from lake from whether it's from a developer perspective or a user perspective. The iphone is changing. Currently you can get iphones with all kinds of different sizes all kinds of different capabilities. I mean it wasn't that long ago that you could still get actually no. You can still get an iphone with a touch touch. Id home button like that is. That is a fundamentally very different experience compared to the current paradigm which is motion and excuse me motion. Just your control and using face. Id so two. Three years ago. I would have said no. There's no way that apple that if there's that if there's no way they're going to bring out like a completely separate model of folding iphone now i'm looking at it going. There's no way that they don't because apple if anything has shown themselves to be extremely conservative about forcing their users to change unless they've offered a compelling upgrade option so for example the iphone se still kicking around for people who want touch id and who want a physical button iphone. Twelve mini is something that they finally brought out to address the need free from users for a smaller one. Hannibal iphone and they're very tactical about the way that they do these things they will. They will wait three to four years which they know is a reasonable upgrade cycle for like a non enthusiast. And then they'll go okay. Have we managed to get these guys to upgrade. No all right okay all right. Let's do it. Let's do it. Let's let's continue. Let's continue to support this segment of our customer base. So there's no way that they're just going to bring in a folding iphone and replace the iphone pro. I i don't. I don't buy it but then again i would have also said there's no way they're just going to completely remove touch. Id and say okay. It has to face idea you want high end. You wanna new iphone iphone. That's it you're done. You're out so i kind of talked myself out of it. Maybe maybe the iphone folding iphone fold or whatever they end up calling definitely won't call it that because galaxy full got to come up with a new name. So maybe yeah. Maybe the i fold will replace high end but i i don't know man. It was a yeah. I'm kind of on each side because they don't normally introduce a feature this big without making a sweeping change but they have also been trending in the direction of more phones and more large feature differences between the phone. So i could see them going in either direction.
Beijing lists grievances against Australia, giving warning to other countries with tense China relations
"Relations between beijing and canberra deteriorating. Awhile have created spectacularly in recent months. Australia has excluded while away from australia's five g network. Australia has cold for an international investigation into the origins of the covid nineteen pandemic. It's spoken up in support of hong kong and protested against china's treatment of its wiegand minority and china has bristled at all of these moves. Some of china's responses have been merely rhetorical and calls medic including crudely goading australia. You've alleged crimes committed by string. Troops in afghanistan others had more measurable effects. Devastating tariffs on australian exports to china including especially ruinous levies on australian. Wine has china decided to full out with australia. How should australia or any other country. China has a popat react or adjust. And is there any way back to cooperation with china for australia or anyone else. This is the foreign desk. My advice to punish morrison repeatedly has do more say lis- do more is in fact. A series of concrete measures enhancing national security pows enhancing now fundamental economic cow enhancing population growth and strengthening our alliances and relationships with countries around the world. Or just the united states but in southeast asia and beyond as well so this kind of patriotism and chest puffing plays very well as china's coming out of covid domestically a want to show and deflect residual public anger over. Its cover up and handling. I'm so getting the country tonight. This way to show that they can stand up and push back against the west. I mean that's a really good message to be spending so it's really two birds. One stone the chinese government should be totally a shined of this past. It diminishes them in the world is hello and welcome to the foreign. I'm andrew muller. China is not a nation known for its impulsively where foreign policy is concerned but using tends to act carefully and deliberately so it should be assumed that it is acting carefully and deliberately towards australia for a look at what china is doing and why china is doing. It joined first of all from beijing by sophia yan china correspondent for the daily telegraph severe festival. I think what we're trying to establish here is whether this is a specific row between china and australia or something. We might see more of in china's dealings with western democracies in general but we will start with stralia. Does it strike you. That china is going out of. Its way to pick a fight with australia. Or is this something. That's just kind of happened. Organically absolutely china's definitely targeting australia. It's been going for some time and it's obviously hit a peak. Now it's every day. There seems to be something new in the sputtered. Diplomatic spat between beijing and camera. And what beijing's really trying to do is to make australia of retail. Australia is a major. Us ally part of the five. The lions and australia matches on values with america. So hunting. Australia is a way for china to send a message to other. Us allies or the country's just thinking about siding with washington and to try to prevent them from considering policies that china dislikes bans on chinese tech firms over national security risks while we issue for instance even territorial disputes in the south china sea being public about stances over hong kong and taiwan china does not want countries to get involved with what it thinks is its own backyard so pressuring australia. This way is just one way to show. Hey this is what can happen to your country if you dare to take on. There's an upside to this too. It's certain swagger for the domestic audience to show that this all powerful country china can finally stand up to the west. You have to remember that. For the chinese government and for many chinese people there is a very painful history and memory of what's called the quit century accumulation. That was the hundred years before the communist party took power in nineteen forty nine during which many say the glorious chinese empire crumbled at the hands of foreign powers. The brits the russians japanese china at the time lost almost all the wars fought. And actually that's when hong kong was ceded to the brits so this kind of patriotism in chest puffing plays very well as china's coming out of cova kovic domestically a want to show and deflect residual public anger over. Its botch cover up in handling and still getting the country two nights in this way to show that they can stand up and push back against the west. I mean that's a really good message to be sending so it's really two birds. One stone does a number of things going on there but let's just focus on one of them because it is a proximate cause of china's irritation with australia and indeed china's irritation with a few other countries. Which is far away and other chinese companies being locked out of five g networks. Why does china perceive that as an argument worth starting because it's not imaginable that any of these countries are going to change their minds. Way is in a way national champion. It's a private company. It's not state owned. But of course any company that succeeds in china is in some ways states approved so to succeed here. You definitely need to have certain. Party officials Tests the quench relationships and people in high positions in your corner and so while we the company that really shows and reflects the rise of china. It's headquartered in shenzhen which just two three decades ago with a rice patty backwater. Now it's silicon valley hub of china and this company itself really does show how quickly the economy here has grown china now. The world's second largest economy in china trauma very broad level wants to be taken seriously on the world stage and so attacking hallway company. That many would consider really national. Champion is attacking the status. That china now thinks it should have on the world stage so it's ironic also that there's concern from beijing. That other nations are talking about who as a national security risk because china itself has long said that it wants to keep certain industries telecoms utilities oil and gas within its own country at state-owned enterprises. Because they themselves. Beijing is concerned about the very same issue that foreign players could come into the country. Take a big share of the market and therefore be competitive domestically. They didn't want to see control here to foreign companies over the issue of national security. So it's actually a bit ironic for china to now be upset with other nations for saying that a chinese company coming in to build critical national infrastructure. Whether that's a nuclear plant or the telecoms network but then to say hey. You can't say that this is a risk. We don't pose a risk. it's it's it's it's. It's not very fairly for china to be saying that other nations
Hong Kong police arrest 9 for aiding dozen to flee territory
"Have arrested nine people suspected of helping a dozen activists who tried to flee by roughly but speedboat to Taiwan. In August, 12 activists were intercepted by the Chinese authorities and accused of making an illegal border crossing. Tony Vincent report from Hong Kong. The police say that the four men and five women suspected of arranging Transportacion and funding for the fugitives who attempted to flee to Taiwan. They were arrested with cash, mobile phones, computers and documents relating to the purchase of a boat. 12 activists are being detained in the southern Chinese city of Shenzhen. Their plight has drawn international attention. The family members say they've been denied access to independent lawyers.
Dream Boy And The Poison Fans
"By the time that Emily Fangs reporting this story in March, the controversy around this actor at already gotten so hot that many of his fans refused to talk to a reporter others asked to speak in ways that would not reveal their true identities. NPR, by the way has very strict standard on this, you have to reasonably expect harm to your person or livelihood, and they met the standard there been retributive attacks and death threats. But we're GONNA start our story before all that back when Xiaojun was getting more endorsements than almost any idol in China is twenty eight tall and thin with Pale skin big eyes and understand the role he played in Chinese pop culture. You can look to the TV ads that were scripted with his image in mind. Mike Emily showed me this ad for Esti Lipstick So it starts in this. Hotel lobby most is really warm. Golden Sojourn appears the top of the staircase. He looks down and sees one beautiful woman in the crowd. She looks quite unsure of herself. He, sees this woman. And he can tell you quickens his steps who walks down the staircase briskly and it looks like he's about to approach her. But instead he grabbed golden balloon and he sends it her way with a package attached. The balloon didn't inside is surprise and estee louder lipstick which puts on an all of a sudden. She has confidence she struts out and she takes position on stage in front of a microphone. And you sojourn the crowd, he begins to clap for her and everyone else begins to clap her. As the woman smiles. They're selling the image of him as someone who helps others and to as helper of beauty he's too good to be human. But he's always there helping others be their best selves. Really Shapes. Shenzhen's millions of fans. See Him looks very clean. Looks. Very decent. He looks very gentle. This is an we're calling by her initials is E. IMA passer. Yes life I have never seen someone look at it. Is. E is thirty years old married. and. She was about to become the mother when I talked to her. So she has not the typical style Jonathan? Savage John Fans are usually single women young teenagers, teenagers likely in middle school or high school is e says that. This kind of connector to her friends because they always have something to talk about show. Good looks. And also there is a another reason is because I feel when people are pursuing I'll say when they're Authorian cert- can kind of celebrity they must have fun something in the celebrity that way don't have our self. So is he describes herself as very frank, a very frank and outspoken person maybe even a little harsh and one of the things she ended these most in South Asia is his gentleness so that I feel that is something I want to learn from him because John is portrayed a sweet person. He also needs protection because that gentleness can be taken advantage of in his fans need to. Be the ones who stand up for him here is where China's Fan Culture and actually Asian Fan Culture in general it kind of veers away from even the most intense fan behavior in the West because a lot of fancy it as their job, even their responsibility, not just to admire their idol and to support him but to go so much further. So is he talks about how in these? Media groups, some of which will have hundreds of thousands of followers. Each there are something called a child Wa. So sopra topic, what's called Super Topic or Toha, and which some of the lead fans who devote hours a day to organizing this fans structure, we'll give orders to. Fans beneath them about what they need to achieve for that day. So today, we're all going to click on this one music video and watch it or today we're all going to buy products from this brand because they've signed an endorsement deal with children. Say the broadcaster from the Child Watt who say today when you to do this today when you to do that so you remember that Estee Lauder ad for lipstick according to Chinese media estee Lauder Botox, pitched show in two thousand eighteen sold out not only within the first day of their release but within the first. Hour. Totalling almost six million dollars in sales, and then back on the fan club sites, fans would celebrate what they saw as their success. It's IMMA fine. You want to support your idol by making here she gets the most brand endorsements and makes the most money on behalf of these companies. I get I get what Xiaojun gets out of this he gets. And success money what fans get out of making him. So successful by being particularly influential fan of Superfan you also get a lot of power and influence the majority of his fans are going to be. Young girls in their middle school or high school years. So in real life, they're not going to have a lot of power in Chinese society. But by being a part of this fan group, you become part of this very powerful commercial
Brazilian chicken wings tested positive for coronavirus in China
"A sample of frozen chicken wings imported from Brazil is tested positive for Corona virus in the southern Chinese city of Shenzhen, the latest in a series of reports of Contaminated imported food products. Officials didn't name the brand, but immediately traced and tested people who may have come into contact with the product. All results came back negative. Authorities air now tracing related products from the same brand that have already been sold and have disinfected the area where the contaminated chicken wings were stored.
Executive Order Targeting Tencent Scares Esports
"Late on Thursday night president trump executed on a promised executive order targeting tiktok parent company Bite Dance, but also included in that order which surprised many was ten cents the Chinese conglomerate that owns most of East sports. Here's how the order reads quote the following action. So be prohibited beginning forty five days after the date of this order to the extent permitted under applicable law. Any transaction that is related to we chat by any person or respect to any property subject to the jurisdiction of the United States with an holdings led in Shenzhen China or any subsidiary of that entity as identified by the Secretary of Commerce under section one C of this order. That sure makes it seem like any transaction with tencent or its subsidiaries like riot games would be banned, which would have massive ramifications for almost every eastwards Kompany Ted set obviously owns right games but also has minority stakes in epic games. Blue Ubisoft activision blizzard among others after panic gripped eastwards twitter for about an hour calm returned when an La Times reporter confirmed that gaming companies would not actually be affected by this order. The order was directly targeting ten cents we chat. Ten cents market cap dropped fifty, four, billion dollars after the order broke. That brought the company from a starting market cap of six, hundred, eighty, six, billion to six, hundred, thirty, two, billion during the day. It did rebound bit after clarification but not to the mark of the start of the day.
US offers up to $10 million reward for info on foreign hackers interfering in upcoming election
"The US State Department is also offering bounties of up to ten million dollars under its rewards for justice. Program for information leading to the identification or location of any person who works with or for a foreign government for the purpose of interfering with US elections through certain illegal cyber activities. The tone of the announcement suggests that foggy bottom is more interested in hackers than it is in influencers. The text says quote persons engaged in certain militias, cyber operations targeting election or campaign infrastructure may be subject to prosecution under the computer fraud and Abuse Act which criminalizes unauthorized computer intrusions and other forms of fraud related to computers among other offenses. The statute prohibits unauthorized accessing of computers to obtain information and transmitted to unauthorized recipients. So they've got their eye on dachshund more than they do on trolling although one imagines that if you had a hot tip that someone was working for a troll farm in Saint Petersburg or Shenzhen, they'd be willing to listen to you.
Between Renting and Buying, Unagi Offers Personal Scooters With a Subscription
"These scooters. There are many of them out there. But how many of them can you subscribe to? David Hyman has a company called. And he is offering read full not reynolds but subscription. To instead of paying a thousand dollars for a new scooter David wants to tell you all about subscription. Hi David. How's it going tests you same here or tell everybody what you got. Sure. So We started Nadi about two and a half years ago. Because we felt that there was a market in this game from my own personal experience of people want to own scooters have one in their possession. It's up, rent them on the street and I got frustrated with ridesharing scooters both. From kind of a at Adnan experience, where wrote a lime scooter to a whole foods and I came out with my groceries and? was. Gone because somebody took it wrote away back and I had just bought inexpensive pint of ice cream and I ended up walking home with melted ice cream. And I thought why don't I just own one of these things like Not, not to mention the urban blight, right that the separate conversation I know you're down in. Southern California people can't hit three steps in tripping over one, right so. I just like the ownership model all. and. So we launched to ninety two years ago. Our hunch was correct. We we were selling hundreds a month, and since covid has hit, we are now showing thousands of. With folks s by coming on board to carry our scooter and new Europe Europe photographer being H Photo Outta Rama. Now Sell our scooter. Are Scooters it's the best electric. Scooter. Poured. Electric Scooter you can own this. Don't just take my word for it There's over a hundred reviews online that states the best electric scooter you could have, but it's a thousand dollars and not everyone can afford that. So we've been asking yourself, how have we reach abroad her audience? And so What is this? When is this going? Live this life when you want it to go live? So. So Logging all access is our new subscription service. It is thirty nine dollars a month. No commitment. There's a one time fifty dollars setup fee. And that's it. We bring it to Your Place Felice ambled. It's dropped off by an inaugural represented if You don't have to assemble it. Don't have to deal with the box and whenever you're done with it, we come and pick it up. But. We think that. Indian. That's New York because of the tour. Angeles in New York, city is where we're launching. Correct. If anything ever goes wrong with the scooter we at your door and under twenty four and we just hot swap another one. So you know skewed downtime. And Insurance is included. So, if anything goes wrong with the scooter, if it's stolen or any form of damage. There's an eighty, five dollar deductible. Now you said you started the company based on melted ice cream. So what happens when you ride your scooter to whole foods and walkout in walk into the store to get the Ice Cream? What do you do with your scooter that you are now subscribing to? So you can either lock it like a bicycle regular you locked works. Scooter so light I throw it in my shopping cart. That's what I did. I mean, it is. It's twenty six pounds. It's the kind of thing that you can bring it any cafe or restaurant. You know we we sell thousands a month, the normal use case with our scooters that. You take it. Everywhere you go and we really designed for portability. Normal. Users under not. Ride to. Our or a subway can take it on the subway and then pop out and take it with them. It takes up no footprint on the subway. It's got one plate folding mechanism only weighs twenty six pounds and it's you know how to arrange and it's electric. So it moves along. Nineteen miles an hour. I mean, you know it's gone incredible amount of torque because it's dual motor see can go fairly steep hills with it. And where do you make them? We make them in Shenzhen. Okay. Everything else okay. Correct. But we are in American company eight I'm proud to say, I, think out of every electric scooter company than. Scooters were the only American based electric, Scooter Company. And our customer services you incredible. So we treated like Patagonia were the only electric company that has a phone number. You can call people pick up the phone and talk to you. Now is the reason that sales went up the delete because of the maybe a lot of people don't want to take the bus and be around people and things like that. Yeah, I mean there's been this kind of seismic shift towards quota. Personal transportation people not wanting to get on public transportation, not get on ride shares, not getting share googlers, shared lifts, and so there's a real need right now you know there's especially you know New York skiers are becoming legal on Sunday. There there's you know we went volt markets to start because we couldn't choose between the two. La Is. The scooter epicenter of the planet. But L. New York's got a real need right now. So we decided to launch in. Baltimore. So. Anybody listening. We're now in the middle, the MO, the middle of summer. So when do you expect to start hitting Chicago in Boston and San Francisco and some of the other major markets? I. I'm not going to throw any any M. Any dates but those cities are are the first ones on our list. Okay. But certainly, they wanted to spend a thousand dollars you could buy you could buy one Tamar. Absolutely and you can't finance it on our website is well. But put thirty nine dollars a month into perspective. That's that's a dollar forty a day. New York subway ride today's three dollars and fifty cents for one Ri-. A rideshare scooter from lime were bird is about five bucks. So. Five dollars a ride. For. Daily commuter there's been two hundred dollars a month for grossly inferior product that half the time the batteries are dead or they're broken when you go to them not to mention the issues but share right now so. And it's yours and it's your germs and not somebody else's your germs and keep the streets clean et keeps your neighborhood looking good and it's no different for your city than owning a bicycle and you get a little bit of
Reports: Chinese billionaire held hostage, rescued by police
"Chinese media say a billionaire businessman husband rescued by police after being held hostage in his luxury home this report from our Asia Pacific editor Michael Bristow reports say intruders carrying explosives broke into hers Shenzhen's European style villa in the southern city of Fauchon on Sunday threatening those inside its full the tycoon's son managed to escape swimmer river and raise the alarm the police locked down the exclusive compound arresting five men in the early hours of Monday morning Mr head dropped out of school and worked in factories and on farms eventually opened a workshop to make electric fans his firm my idea is now the world's largest producer of home appliances
Health Experts Warn Protests Could Set Off Second Wave Of Police Brutality
"Massive protests across the country have health officials concerned today airway, many of the nation's top medical experts are worried. These demonstrations could lead to a large second wave outbreak up police brutality from the onion and onion public radio. I'm Leslie Price. This is the topical. We've got the latest on each one of the many things you should currently be panicking about so stay with it. Well, it seems that worse could still be ahead of says health officials offered a grim outlook for the future today with a warning that protests currently roiling the nation could set off a second wave of police brutality for more I'm joined by OPR correspondent Marcy Hammond Marcy. Is this something we should be concerned about well? Leslie experts say there is cause for alarm here's deputy director and she'll get. We've seen massive person demonstrations across the country in the last several days, which is of course, a fertile breeding ground for excessive force, and what's worse, we believe that this second spike in police brutality. Deadlier than what we've already seen that those sound concerning no, can you give us a little more context? How did we find ourselves in this situation? Where did this police brutality come from? Well? Of course, some form of police brutality has been with US basically forever, but over centuries of exposure. The American public has largely become immune to it. However, this novel strain that we're seeing this year began with seemingly isolated appearances throughout the country over the last several months, and now boiled over into a full-blown epidemic. So what should we be on the lookout for if we think we may have been afflicted by excessive force well the most important thing. Thing to note is that. If you're feeling symptoms, it may already be too late. Here's deputy director shook it on what exactly watch out for? There are a variety of symptoms. Some of which include puffy swollen is cracked ribs, an inability to breathe, and in many cases death. We're seeing a huge uptick in these symptoms in hospitals and ICU's across the country, which have already been stretched to their breaking point by our militarized police force Oh well fortunately, I don't have any of those symptoms. Am I in the clear, not necessarily. Leslie shook. It also cautioned that there are large number of asymptomatic carriers who can actually be among the most dangerous. Dangerous as they continue to spread systemic violence and oppression, while not even being conscious of it walls, a healthy white man I'm not too concerned, but Marcie. Are there any populations that are particularly vulnerable to this epidemic? Interestingly enough? The CDC has found that the African American community has been affected disproportionately, but really it can affect anyone pets, the elderly even children, and what are officials recommending in the event that you do become exposed. Here's shook it from the CDC once more. If you've been afflicted, we urge you to remain physically and emotionally isolated and avoid all large-scale demonstrations against stay sanctioned violence until physical evidence has healed. Unfortunately, this isn't going. Going away anytime soon, so we're going to have to accept police brutality as part of our future, since any potential cure decades away, and would likely be extremely expensive interesting, so is refraining from protests, the key to preventing the second wave. Well, it may lead to a temporary lull and incidents important to remember police brutality is extremely prevalent, and it can strike vulnerable populations while they're walking through their neighborhood, sitting in their backyard or even asleep in their own bedroom so unfortunately there's really no sure way to escape it all right well. Thanks for the reporting Marcy and stay safe out there. That's OPR's Marcy hammonds. We'll be back in a moment. Somebody better call in the National Guard because there's about to be a news riot. Here's what else we need to know today. In Shenzhen China local sweatshop workers lead Chen was reportedly devastated to hear the jacket she worked so hard on had been looted upon learning that the five dollar jackets she'd labored endlessly over for fourteen cents. An hour have been stolen from Zara retail store in the US Chen was found to be inconsolable comfort to learn that insurance covered the stolen item, and Zara would be just fine. And in Washington, the looting continued last night as president trump was spotted, throwing a garbage can through the window of a local McDonald's before making off with about two thousand dollars worth of big MACs later in the evening, trump was reportedly spotted a desecrated robbins that was later set ablaze, and finally with many companies releasing statements of support for demonstrators this past week. Anti is breaking from the pack with the Popular Pretzel Shop Chain Today calling for all protesters to be shot. Interesting, tank. and. That's it for the topical today. I'm Leslie Price Well folks. It's been quite a week here. In the United States and I just wanted to take a moment to say that in times like these end in the face of unprecedented and longstanding pain. We hear it onion. Public radio are committed to acting as a ball of equality, searching evermore for striped for Justice and equality. And Justice. For, there is no equal justice and it is justice that will prevail forevermore. So long as we love one another and ourselves. And those near to us and those different from us to. At we stand with all that have been made. Now and forevermore. Also if anyone knows whether the restaurants in New York are going to be open this weekend. Could you let me know in the reviews on Apple podcast? I'm trying to do. A branch on Saturday opened a recommendations to just nothing too pricey and bottomless moster plus. Love those
eCommerce Logistics in USA & China with Burak Yolga of Forceget
"Ladies and gentlemen welcome to amazing. Fda Post Today on with Barak Yoga of full gets freight-forwarding expertise seventy eight China in Shenzhen. He's established his own insult freight forwarding company from scratch which is not present in China. Usd by many of the country's sake breaks now living in Miami so getting quite an insect perspectives. Today and I thought he was important. Person to speak to one of the biggest challenges. Right now is supply. Sidon district Scifis set-aside really once oric on the show so Bartram welcome. Thank you so much. So how's life in Miami? We're just chatting about the fact that there's people carrying on like life is no more environments right now It's what is it today like end of March. Almost the you know things are in China going back to normal but now unfortunately they're more and more cases in the United States in it. Looks like you know. We have a pretty slow month in April and in May of businesses shut down right now. People are trying to stay in south currency and nothing official really As except near Simon the soft porn in Florida. A little bit luckier. Because we all look nicer wetter like a little warmer but Rest of the contracting is going to be a little bit more struggling with the winter cold weather so we'll see how it will go. Yes indeed. So let's talk about China for this episode. Then obviously he spent a lot of time in China Seven years in Shenzhen sounds like a novel or something East ICU WAYS. About how to do business in. China was potential for farmers and sellers while they super China particularly in the current situations. Let's get started with random questions I mean. First of all Is China reopening for business? Now when do you think that will be yes So eight hundred. Ninety percent of businesses are back to work but at the moment Most of the factories they don't have full capacity for production right now One of the reason is Roma chill suppliers are also having issues with sublime the enough raw material to the factories and another thing is the Roma tre prices like reading. Because they're really high right now for most of the product China and then one of the worst thing actually when this wire is China was doing. Tiny is some people now. China's largest Public Co. Lane China's most important almost eight hundred nine hundred million people traveling in mainland China. And maybe almost a hundred under fifty million people traveling at Bro. So that's where the wires hit so already. Most of the manufacturers were closed so that was what we were. What we were expecting is actually Those factories will come back to work End of January but things have changed like really badly China. They had to stay close until middle of March so during this time. Chinese factories are having serious issues with the cash flows. You know not receiving any orders. Because they're in the public lays but once they started coming back to work now the rest of the world They have the concern about their health. Most of the country's the government shutdown the countries like Italy France Germany all those countries. They're not doing a business right now. Which means China's factories don't get any orders from the rest of the world so so we're looking at the period of almost ninety days Not Having full capacity working so it's it's really massive cries for China's economy And you know this is going to have a big effect for the girls of the country for this year People back to work They everybody's wearing masks in China. My Office is back to work. We worked for bump for sometime in China. But now everybody's back to work It's difficult to find that domestic truck because prices really increased and another problem is You don't we don't have enough availability. Because most of the main ports in China like Seaports in a airport. Actually most of them they. They're closing in eighteen. Ninety nine percent of the Airplanes cancelled So it directly have the impact of freight as well because almost fifty percent of the air freight actually commercial wise were made by the passenger flights in the cargo. So now what we're looking at is the majority of Weiser cancelled so the airports are not working for the function. So everything is really connected. You know when we're talking about on the we talk about on the supply chain because it has also connection on the freight forwarding the custom the shipping times The pricing so everything is really connected to each other so Chinese doing better than a month ago Definitely about right now. They are having problems of receiving orders from overseas. So I think this is going to have a big impact in an economy and the most of the suppliers are going to have some serious problem with the cash flow. Okay so what is so to try and summarize there's a lot of stuff is sort of half working a rule. Materials prices are up and Sounds like a lot of air freight by being constrained as wet sea freight so What's the biggest constraint them would you say is it still labor or do they have most labor back in place now always rule materials or is it logistics or is it just a combination of all of them a combination of all of them right now for the majority of the people come back to work? accepted where on where the wires started who bay province which is one of the largest state in China so they they start actually Now removing the people from printing some people are going back to their daily life. The best stuff so there are almost to the Portland million. People were a crunchy in and been Wuhan. Them include a province which was like almost two months long so those people are also going back to work in the different cities. Like you know. They're going back to their Factories again in Shanghai and Ningbo in Gone Doll and chat always like big CD. So they're going back to our so right now. The the issue is not really a about people who go back to work. Most of the people are back to work. So they're factors are okay to produce. They have enough human source now. Old Employees back to management is back toward but the the issues right now is mostly with the roll roll mattress players. It used to be maybe some of our friends. Our customers are used to produce in twenty to twenty five days now the supply chain Timing increased almost out say like church the fifty percent so now some of the facts are they used to produce thirty days now. It's like almost four to five days and one of the issue made him also. The people wouldn't think of it as the product box. The cartoon mocks so there is a big shortage of the cartoon box in the market. Like you know the shipping supplies And user manuals would like pay per prices increase a lot in China so this is editor problem some of the factories and they finish production but they don't have enough packing material so everything comes together so it. It's a really complex station. Like everything comes together and right now as I get logistics. We are having our shipments shipping on time. We have good relationship with our Contractors we everything in advance but we're asking our customers to not let us their shipment time the same day. The ship is ready. We're asking people to give us some time like heads up like seven to ten days so that we know what discounting because if you let safe you send us the breaking the law stay. It's difficult to find track of the crisis increase because they know that you're Khanna desperate so I think the most important thing for Amazon sellers now to be following up the station. Very closely their freight forwarders. Their factories is very very important to be on top of everything. Every day. I mean China's people are okay with that right now because you know it's difficult time reading for Sellers Abbott also for two suppliers because they don't have enough orders. They don't have good cash flow right now at most importantly they don't know when things go back to normal so they're trying to keep everything but it's very very important for settlers to be on top of everything the production time the pricing at payment terms One of the most important thing is the logistics Right now when FBI? Amazon USA is not allowing people to create shipments. Except the you know. The the baby products are essentials. Like cleaning stuff so most of the people even if they have product ready China they cannot create labels ask the factory put the labels on the carpet so they cannot really do the ship
Patriots' plane flying medical masks to Boston from China
"Out Robert Kraft and his son Jonathan the owners of New England Patriots sent their team planes a Boeing seven sixty seven over to Shenzen China to pick up a bunch of M. ninety five masks from the giant comes they spent two million dollars of their own money to do this we'll see why the hell did they have to do it why is it doing one patriots plane have to go over there it's not even a cargo plane it's been outfitted to carry a football team why does the New England Patriots plane had to go over there and do this why can't the United States Senate a couple series a cargo jets to get what I why are we getting these things from the Chinese anyway other people so you're not a great thing that the crash there isn't that's a wonderful thing the Massachusetts governor struck a deal for supplies but didn't have a way to transport them the governor Massachusetts found a way to get some mask from a hospital system in Massachusetts Seoul Robert Kraft the Kraft family is intertwined with Boston like no other family is and at eight thirty A. at three thirty eight Wednesday morning the team plan the pardon from Shenzhen China the Boeing seven sixty seven in the cargo hold the cargo hold is ready put the players equipment everything they need to go when they take the team on the road it seats about seventy people it does it's it's been outfitted to carry a football team it's not a cargo plane there were one point two million M. ninety five masks on the patriots plane bound for the US video and pictures of the dead show workers in masks and full body suits at Shands sans airport putting box after box after box of the protective equipment onto a red white and blue plane painted with the patriots logo the chart comes all loud the patriots plane to be on the ground for a maximum of three