Ed talks to Kathryn about US court documents detailing a brazen scheme for getting cigarettes into North Korea worth hundreds of millions of dollars.
There have been mixed signals given to western companies in China after a series of crackdowns on foreign businesses in recent weeks.
And mixed messaging also from China on the international stage with Beijing backtracking remarks over the legitimacy of former Soviet states and Xi Jinping finally taking a call with the Ukrainian president.
Photo: AFP / Noel Celis
Ed White is a correspondent with the Financial Times.