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and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. however, the bigger issue is debt. overall, the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the central of government is very reluctant to step in and probably can't have enough cash. under the circumstances, what needs to be done? the government has to make decisions on allocating d...

throughout the programme. it's tuesday the 21st of november. our main story. england's chief medical officer, sir chris whitty, is expected to be questioned about lockdowns when he gives evidence to the covid inquiry later. it comes as the government's former chief scientific advisor, sir patrick vallance, told the inquiry that borisjohnson was "clearly bamboozled" by some scientific concepts. he also claimed that advisors were not consulted in advance about the eat out to help out scheme. our correspondent ellie price reports. he became a familiar face night after night on the covid...

♪ hello and a warm welcome to our viewers joining us in the u.s. and all around the world, i'm max foster joining you live from london, 9:00 a.m. in london, 11:00 a.m. in gaza, where the war is about to start the second month. with pushes under way to prevent wider conflict in the region, secretary of state antony blinken is in turkey right now meeting with his turkish counterpart. u.s. officials say he will underscore the importance of protecting civilian lives during that meeting on sunday, blinken made an announced visit to iraq to discuss the hamas conflict. in gaza, communic...

comcast business, powering possibilities. hello. and welcome to our viewers joining us here in the united states and all around the world. i'm rosemary church, live from atlanta, with our continuing coverage of the israeli/hamas war. we begin in gaza, as the war between israel and hamas is about to enter its second month. the israeli military says it is carrying out a significant strike right now on the territory. [ explosions ] >> an idf spokesperson says the strike was, quotes, very extensive and targeted hamas in in infrastructure above and below ground. its soldiers have reache...

since the fighting began. israel said its troops had reached the coastline to the south of gaza city — saying that it had now effectively divided the territory in two. the us secretary of state, antony blinken, who's been meeting regional leaders, said a humanitarian pause in gaza would be welcome. but israel said it needs progress on the release of hostages before agreeing to any pause in its offensive. hundreds of thousands of people are going hungry in gaza as food and water supplies run out, the world food programme has warned. the agency has told the bbc exclusively that out o...