about what is going on in singapore at the moment. now, the global semi conductor chip shortage and the trade spat between the us and china are at the centre of discussions by key policy makers and business leaders gathered in singapore. our asia business reporter suranjana tewari has been covering that event for us. suranjana, tell us more about what s being said there. the relationship between the us and china very much the focus at this forum but up to the last day which is today. we heard from former us secretary of state hillary clinton who had some strong words to say the world needs to send up to the world needs to send up to the aggression displayed by china, especially in this region, asia pacific countries need to stand up to china. , british by minister tony blake thank countries need to engage
power shortages. i hope i can - you can hear me power shortages. i hope i can - you can hear me now, power shortages. i hope i can - you can hear me now, i power shortages. i hope i can - you can hear me now, i can power shortages. i hope i can - you can hear me now, i can hear- power shortages. i hope i can - you can hear me now, i can hear you . power shortages. i hope i can - you i can hear me now, i can hear you very well. it has really been a combination of factors a very strong economic activity and sort of the result of a very cold winter and a very hot summer and that has led to a depletion in coal stocks. there are also policy elements here that have been inspections with coal mines limiting supplies and of course a trade spat with australia that has reduced imports but also the government has sold a number of provinces that it need to deliver their energy use to meet environmental targets of some of the rationing is policy induced. another is supply demand issues. what
that, a lot of talk whether it is to the south or east that nato looks. and the other thing that i gather is being discussed for the first time is the strategic threat of china. clearly trump is in the middle of this trade spat but it is having an effect on europe, not just financially and economically, but also from a defense point of view. whatever is going on in the south china sea is attracting friga frigates. italy is signing a memorandum of understanding with the chinese that italy doesn t like because of the trade talks with the chinese. so that is splitting europe and potentially splitting nato. so on the issue of substance, there a heck of a lot for boris johnson to achieve out of this. but as you said, everything is going through the election prism right now and even frankly the handshake with donald trump, if there it is a hug, people will
work for president trump. and the public attacks often follow. daniel litman, michael bender thanks very much to bothth of you outfront next this hour president trump defends tweeting what appears to be a classified satellite image. we in a photo. and i released it, which i have the absolute right to do. well the question of course is at what cost. plus president trump insisting some business owners are very happy with his trade war. after slamming business leaders who criticized the trade spat with china. but is that really how small business owners feel about this? we re going to speak to one.
fox news contributor, thanks get a deal now, short-term gains for the economy boosting chance of reelection in 2020 or play along came, way to china out. they are starting to hurt china but in a couple decades really might hurt china but at the same time he could lose in 2020. the question he s taking a big risk and what is the risk, he undermines the confidence this election brought into the economy. consumer confidence, and the week after he is elected, and a pro-business attitude for the first time in eight years, that is huge and a manifestation of that was an increased spending, increased investment, higher productivity we haven t seen in eight years. the bad news is because this trade spat has gone on as long as it is, confidence is declining. chief executive magazines come