the global chief partnership. simon baptist is the global chief economist i partnership. simon baptist is the global chief economist atj the global chief economist at the global chief economist at the ir un said australia was never a good target for china to have tensions with. it is never a good target for china to have tensions with.- to have tensions with. it is a sli . ht to have tensions with. it is a slight stabilisation to have tensions with. it is a slight stabilisation peptides| slight stabilisation peptides will remain quite difficult the foreseeable future. this recent incident over the last few years really shows the limit and some ways the lack of sufficient nation of chinese foreign policy. australia was a bad target for china to choose. this was going to side with the us when push comes to shove because of its resource endowment, it has unusually large amounts leverage. push by china on australia hasjust resulted firstly in australia doubling down on divers
the commercial real estate industry functions but it never reached its profitability, as you said there. its assets and liabilities of somewhere between $10 billion and $50 billion according to the bankruptcy report. we need to remember this was one of the most exciting projects on the horizon. it was worth $47 billion largely due to a chunk of investment from softbank but wall street were also excited, jp wall street were also excited, jp morgan chase was one of its first big investors. its co founder adam newman projected tremendous growth and took on expensive leases in big cities like new york and london and even here in singapore. but itjust never quite reached its profitability. and like so many industries, the covid 19 pandemic really impacted because a lot of clients now who had memberships with this company have pulled out because many of their workers are now working from home and they have done away with the real estate industry. as we have been reading this mornin
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Wednesday evening at the Southern 100 gave us some superb racing on the 4.25 miles of the Billown Circuit. The evening began in bright sunshine that produce .