This is CBS I on the World with John Bachelor.

Here's John Bachelor.

The Scholar Report with CEO Chris Regal of Scholar.com, a global technology firm,

business at all the major continent.

Transforming the retail space with digital signage we go immediately to news from the Western Pacific.

The PLA Navy and Air Force surrounded Taiwan, especially on the rugged East Coast, the reason is to intimidate again similar to what

was done after the visit by the Speaker of the House Nancy Pelosi.

This time, several days after the

inauguration of the new president, President Lai in Taipei. The surrounding, however,

very much looks like what would happen the day of and the day after

invasion. This is meant to intimidate everyone, not just Taiwan. And it does, so I welcome

Chris Regal to comment, not just on the threat to Taiwan, but on what is to be done.

Chris, first, I note that I have a fresh note from a colleague of mine and Stephen Zinn Yang.

Interesting comments, she's reading websites about why Chinese people want to get out of China.

Everyone in the private industry lost money during the lockdowns.

Is that statement too general?

Does that make sense to you?

You gave anecdotes for two years about manufacturers in the immediate area of Shanghai, looking for work.

Private industry, did it get crushed during the lockdowns?

Good evening to you.

Good evening, John. Private industry not only got crushed, but remember that many of the larger industries in

China are government owned or have a large part of government participation, especially

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