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is crippling new york renters, with average manhattan prices surging above $5,000 a month. welcome to world news america, on pbs and around the globe. after days of speculation, the speaker of the us house of representatives, nancy pelosi has arrived in taiwan sparking fury from china. mrs pelosi is the highest ranking us official to visit the island since 1997. the chinese government has threatened military action and in a statement said her visit seriously infringes upon china s sovereignty and territorial integrity . taiwan is self ruled, but claimed by china the result of a regional rift dating to world war two when china took control of the island from japan. but when communists took over beijing in 1949, the defeated chinese nationalist forces fled south to taiwan. the us has no formal ties with taiwan, and only 13 countries recognise the island s sovereignty. 0ur asia correspondent rupert wingfield hayes reports from taipei. the speculation has been swirling for d

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