china put forward, it does have territorial integrity and national sovereign treat as key principles. now you might think that that would mean russia needs to withdraw, and i do certainly, i m sure, what zielinski will say when they have a phone call, the first direct communication between president zelenskyy and xi jinping. communication between president zelenskyy and xijinping. in communication between president zelenskyy and xi jinping. in all this time. so, i think that china is trying to balance a bit, and in order to balance they are having to advance or to advocate the principles that they say they hold to. it s very hard to see any kind of settlement in this dispute in this awful war without ukraine s territorial integrity being respected as china says it must be. let s turn to the global financial markets, which have reacted nervously to sunday night s emergency takeover
this is 0utside source, live from the bbc newsroom. 0ur lead story is. the most detailed climate change report yet says the world has all the tools to tackle global warming, but isn t using them effectively. vladimir putin has told the visiting chinese leader, xijinping, that he s looking forward to discussing beijing s plans to end the war in ukraine. let s turn to the global financial markets which have reacted nervously to sunday night s emergency takeover of the swiss bank credit suisse. over the weekend, credit suisse was bought by its swiss rival ubs in a deal brokered by the swiss government, who deemed the bank too big to fail. ubs purchased credit suisse, at a fraction of what its closing market value was before the weekend, for $3.1 billion, or about £2.5 billion. here s the chief executive of ubs explaining the rationale behind the deal.
against anything particularly dramatic like the use of battlefield nuclear weapons, for example. so if you are saying that china sees western liberal democracy on the decline the white house is now urging xijinping to tell president putin to respect ukraine s sovereignty, will that fall on deaf ears? would he want to actively encourage the end of russia s invasion of ukraine? i think he would like this to end. i really don t think putin signed up for a long war, although it is delivering some advantages to him. but if you look at the 12 point proposal that china put forward, it does have territorial integrity and national sovereign treat as key principles. now you might think that that would mean russia needs to withdraw, and i do certainly, i m sure, what zielinski will say when they have a phone call, the first direct communication
turn. and he is keeping to that. so it is usual for turn. and he is keeping to that. so it is usualfor xijinping to have russia on the side. he certainly doesn t want putin to fall. he doesn t want putin to fall. he doesn t want putin to fall. he doesn t want an unpredictable situation. that s a very long border. and so he needs to keep putin close, but hopefully to influence him against anything particularly dramatic like the use of battlefield nuclear weapons, for example. so if you are saying that china sees western liberal democracy on the decline the white house is now urging xijinping to on the decline the white house is now urging xi jinping to tell president putin to respect ukraine s sovereignty. lmilli president putin to respect ukraine s sovereignty- sovereignty. will that fall on deaf ears? will he sovereignty. will that fall on deaf ears? will he want sovereignty. will that fall on deaf ears? will he want to sovereignty. will that fall on deaf ears? will he want to
of the power dynamic between china and russia, i am assuming that china now holds all the cards. he very much has the upper hand. pollutants options for china a very limited unless he really wants to cause trouble or embarrassment. but china is buying up the oil and glass that russia could no longer sell in europe. buying up the oil and gas. it s giving diplomatic and moral cover. and it is continuing to say that putin and he have the same worldview. in other words, the global order is changing, western dominance is over, liberal democracy is in decline, and now it s their turn. and he is keeping to that. so it is usualfor xijinping to have russia on the side. he certainly doesn t want putin to fall. he doesn t want an unpredictable situation. that s a very long border. and so he needs to keep putin close, but hopefully to influence him