restricted shipments from a chip company and also find anotherfirm for doing chip company and also find another firm for doing what china called unapproved statistical work. china called unapproved statisticalwork. eric china called unapproved statistical work. ericjohn is statistical work. eric john is the statistical work. ericjohn is the present of the american chamber of commerce in shanghai and he will meet secretary raimondo during her visit. he told me what it has been like all american businesses there at the moment. at the moment. the us china bilateral relationship - at the moment. the us china bilateral relationship is - bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainty. so, we are very happy that secretary raimondo is visiting china as we speak. what issues will you be asking to raise when you meet her? especially given she says she will not be pulling her punches but she intends to be pr
will meet secretary raimondo. he told me what it is local businesses at the moment. the us china bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainty. so, we are very happy that secretary raimondo is visiting china as we speak. what issues will you be asking to raise when you meet her? especially given when she says she will not be pulling her punches but she intends to be practical? certainly, i think us and china are the two largest economies in the world, and the two countries need to figure out a way to work together on mutually beneficial opportunities. we still believe that china is a very strategic market for us companies, and many of our companies are here for the long term and they try to find a way to grow here. at the same time, the two countries are dealing with issues as well, and i think certainly the us side has recently issued an executive order on export controls on a few sectors such as
uapproved statistical work . eric zheng is the president of the american chamber of commerce in shanghai. he ll be meeting secretary raimondo during her visit. certainly, i think the us china bilateral relationship is probably the number one concern for us companies operating in china right now. a lot of uncertainties. so we are very happy that secretary raimondo is visiting china as we speak. what issues will you be asking to raise when you meet her, especially given when she says she won t be pulling her punches, but she intends to be practical? certainly, i think us china are the two largest economies in the world and the two countries need to figure out a way to work together on mutually beneficial opportunities. we still believe that china is a very strategic market for us companies and many of our companies are here for the long term and they try to find a way to grow here. at the same time, the two countries are dealing with issues as well and i think certainly the us
authorities say they expect the death toll to rise significantly. wildfires are still burning and firefighters are working to bring them under control. these pictures are from the us national guard which is providing assistance. hawaiians are donating supplies to be sent to the worst affected areas. but locals on the island of maui say much more help is needed. hawaii s governor gave this update. it is a harrowing sight in maui. when those providers, the police in this division, do come across scenes in houses or businesses, it s very difficult for them because they know ultimately they ll be sharing with our people that there have been more fatalities. i do expect the numbers to rise. our north america correspondent sophie long, who s on maui, has been hearing from some of the bereaved and survivors who have lost everything. she sent this report. the fire left more than a city devastated, and charred black buildings behind. existential questions hover above the emptiness. ho
macro advisory in moscow. he said the situation for the russian currency is unique. you should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. the rouble is entirely managed now by the central bank in conjunction with the finance ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. so the central bank s priority last year was to keep the rouble exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russia s oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. in other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. that s been the priority this year. it doesn t reflect an imminent crisis. sort of a broad collapse in the economy. it s the result of