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that would collapse to about 15%, and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over $35,000. as you said, this is conditional upon them investing $500 million over the next three years, essentially creating a manufacturing base for evs. we will have to wait and see whether the likes of elon musk announced any plans on the back of this policy in the months ahead.- the months ahead. help us understand the months ahead. help us understand the the months ahead. help us understand the ev - the months ahead. help us understand the ev marketl the months ahead. help us. understand the ev market in india, and the challenges these companies might face.- india, and the challenges these companies might face. there are a number of companies might face. there are a number of big companies might face. there are a number of big challenges, - a number of big challenges, steve, including the fact that charging infrastructure at this point i ....
we start in china where earlier today we got to see more evidence of its economic difficulties. new home prices fell for the fifth straight month in november while property investment dropped 9.4% over the year so far. retail sales growth missed forecasts but on the plus side, industrial output, what those factories churn out, expanded in november at its fastest pace since the start of last year. the world bank is forecasting that china s economy will slow next year, with annual growth falling from 5.2% to 4.5%. duncan wrigley is chief china economist at pantheon macroeconomics. he told us more about the economic data we ve seen come out today from china. the general picture is pretty soft, soggy. one standout piece of data, actually, is the accelerated decline in existing home prices. now, property market, as i m sure everyone knows, is very weak in china. but part of the process is going to be clearing some of the excess overhang. there s a lot of investment propertie ....
times of tragedy in times of crisis, they stand up and they show up. mississippi s governor visits a town flattened by a powerful tornado for the neighborhoods that were leveled . the recovery is only just beginning. political turmoil in israel, benjamin netanyahu is under pressure from his own government to halt plans on judicial reform. now we re hearing an announcement on that could be imminent. we alive in televisa and jerusalem. with the latest and the manhattan grand jury is expected to continue its investigation and donald trump later today we will ask our political analyst if an indictment is likely. live from cnn center. this is cnn newsroom. with rosemary church. good to have you with us, and we begin this hour in the southeastern us, where millions are under the threat of more severe storms, bringing large hail and damaging winds to areas already struggling to recover from an earlier rash of storms over the weekend, at least 10 confirmed. tornadoes strike mis ....
let me just take a break and relax. oh, no, don t pay attention. it is all just nonsense. don t get caught up, this too shall pass. are you even woke? oh, god, so much yelling, so much fighting. this is where woke goes to die getting critical race theory out of our schools is a matter of national survival. aren t things bad enough, do we have to fight about this word? woke. are you woke? critical race theory is bigoted and it is a lie and every bit as racist as a klansman in white sheets. okay, i m going to try to explain, woke. all right. open my eyes. take a deep breath. oh, no, i m in arizona. all right this is where we are at in america everybody. we have a new enemy and it is, woke. maybe also the word but maybe mostly the word? he is woke. i want florida be known as the brick wall against all things woke. you heard him, wokeness, some actually said off a three, the wokearadi, i will keep working on it. this is an elite driven phenomen ....
ugh. woke. no, no. don t pay attention. it s all just nonsense. don t get caught up. this too shall pass. wokeness is divisive, exclusionary, and hateful. are you even woke? woke culture is garbage. oh, god. so much yelling. so much fighting. this is where woke goes to die. getting critical race theory out of our schools is a matter of national survival. aren t things bad enough? do we have to fight about this word? woke. woke. woke. you are so woke. you woke the sleeping giant. critical race theory is bigoted. it is a lie. and it is every bit as racist as the klansmen in white sheets. okay. i m going to wade in and try to explain woke. all right. open my eyes. take a deep breath. oh, no. i m in arizona. all right. this is where we re at in america, everybody. we have a new enemy and it is woke. not the word. the idea. actually also the word. maybe mostly the word. putin ain t woke. he is anti-woke. i want florida to be known as t ....