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Good evening. The show begins tonight with Evergrand, the once upon a time the largest

developer in China, now liquidated according to a court in Hong Kong. Unclear what that will mean. All those

unbuilt apartments, unfinished apartments, unavailable apartments across China and

all the cities are now adrift.

What will happen to them? What will happen to the people who put money into them?

Unknown.

But China's economy is under enormous pressure for debt and there's no easy remedy. There's no remedy

to my knowledge except for a severe recession and deflation underway. And then I turn to the question of the

Philippines and Vietnam working together is extraordinary. To imagine in

1969 when the US was engaged in a tragic situation the Vietnam War, more

than a million Vietnamese lost their lives,S. 50,000 casualties is the number I remember. To what end?

Now today Manila and Hanoi working together to block the aggression and the bullying of the People's Liberation Army Navy. Also working with the U.S. Australia, Japan, South Korea, all the nations of Asia of the same opinion that China is unacceptable

in its present aggression.

Then off to Iran to talk about the axis and assistance? What is the relationship between Tehran and Beijing?

Unknown.

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