Serious consequence in terms of the pricing of Country Garden debt but notjust for the company butjust for the sector in general and could create another round of market turbulence. Which we have seen already. I would say that the key thing here is chinas real estate problem is in the crux of other problems currently facing. We have seen rivals defaulting. How significant if Country Garden was to default . Country carden garden was to default . Country garden involves garden was to default . Country garden involves at garden was to default . Country garden involves at least garden was to default . Country garden involves at least 3000 l garden involves at least 3000 existing Housing Projects and a lot of them are in inaudible whereas for Country Garden, they have a lot more. On a brighter note, i would say that perhaps Country Garden seems to be less complicated in terms of structure than ever grand so there is a key risk to worry about but maybe there are also things like the structur
Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev
South china sea. You like, and tensions in the south china sea. Because of the existin south china sea. Because of the existing complex south china sea. Because of the existing complex dynamics south china sea. Because of the existing complex dynamics that| existing complex dynamics that we are talking about, how difficult does it make for these countries when they have to, in a way, walk the tight rope and really pick sides between the us and china when theyre trying to move ahead and forge a relationship . Thats a very delicate issue. I mean, the asean group is trying to really remain neutral as much as they can, and they also need, in a sense, both g2 we call them the us and china to assist them in many ways, including in trade, economic activities, foreign direct investment. So theyre trying to basically pick up the best of these two in terms of trade, foreign direct investment, but theyre mindful of regional as well as global geopolitics which are influencing the way in which the
lets get you the latest on the israel gaza conflict. israel says it has now all but completed its military objectives in the north of gaza and is proceeding aggresively with ground operations in the south. around 170,000 people in khan younis, have the israeli military has again urged people to evacuate from areas they re targeting. around 170,000 people in khan younis, have been warned to leave for their safety. the world health organization says it has been told by israel to move medical supplies out of two warehouses in southern gaza within 2a hours although israel has denied this. these pictures show explosions and fire in gaza on monday evening. a spokesman for the un children s charity, unicef, says there s nowhere safe for people to go. and there are reports from gaza that at least 30 people have been killed at two schools where people were sheltering, including children. earlier reports, from the official palestinian news agency, put the number of dead at 50 i
Politically, from that statement, this white house thinks and well see whether theyre right or not, they can weather the political storm from a Government Shutdown by saying were not negotiating until schumer backs down. They think inside the white house from my conversations with senior officials there, that Chuck Schumer overplayed his hand on daca and they are going to push back here and say we gave you six years of an extension, a long time for Childrens Health insurance, a program, chip as its known that, democrats said they had to have. The president gave on that. Said hes willing to work on daca. The bottom line is, this white house is taking a very hard line in these negotiations. Shannon sounds like it from that statement. All right, ed henry live on the beat for us, thank you. The president foreshadowing a shutdown a short while ago, tweeting, quote, its not looking good. White house correspondent kevin cork joins us with where the white house goes next. Youre right. It was i