red carpet at davos. xi jingping becomes the first chinese leader to visit the world economic forum. and seeking out the local talent. beijing cracks down on the use of foreign footballers in the country's super league. live from our studios in singapore and london. this is bbc world news. it's newsday. good morning, it's 8am in singapore, midnight in london and 3am in the turkish city of istanbul where police have reportedly detained the main suspect behind the new year's eve shooting at a nightclub. 39 people were killed and 70 injured in the attack. the so—called islamic state have claimed responsibility for the shooting and our turkey correspondent mark lohan has the latest. this is the commendation of a huge nationwide police manhunt that appears to have finally apprehended appears to have finally apprehended a 30—year—old man, as beck national, abdulkadir masharipov, believed to be the main suspect behind the istanbul nightclub attack. in the aftermath of the attack he managed to escape, to flee the scene. there we re to escape, to flee the scene. there were fears he cou

hours, xi jingping is expected to look for more inclusive trade deals as he becomes the first—ever chinese president to attend the world economic forum in davos. this year's gathering of global leaders is focusing on how policymakers should respond to the rise in populism and protectionism currently sweeping the globe. tanya beckett reports. there's a chill wind in davos this year, and i'm notjust talking about extremely low temperatures and piles of snow. the political backdrop is also pretty unforgiving. top names from the worlds of business and politics are meeting here to cut deals at a time when a backlash against globalisation and elitism is only gathering pace. the forum's pounder says social inequality will not be reduced by raising barriers. i hope that all countries will favour open global systems, may be fairer global systems. i think we will have as a whole, as a world, as a whole, we will have a big setback if we go back to the old times of big walls around our nation states. and stepping in to champion the pro— trade message this year is chinese president xijingping

association of international studies. i think president xi jingping's visit to switzerland and his speech at the davos world economic forum are very important evidence, especially because mr donald trump is becoming us president very soon and the new us administration under president trump most likely will go towards protectionism and will withdraw from globalisation. i think president xi jingping will talk about what a responsible leader should be, what a responsible government should be, how a country should join in globalisation rather than fight against globalisation and the countries in the world need to get their act together in overcoming the threat of protectionism and really create win—win situations so that every country can benefit from more global trade rather than one country benefits at the expense of the other countries. i think this will be the major theme of his speech in davos. you said it could be a way to counter the anti—global trump protectionist rhetoric. why is it important for china to be there now? davos really gathers all the major government and corp

appearance there. a lot of papers are agreeing that she's in thing -- xi jingping appears to be the new darling there. take a moment at what is happening there. you have the president of china, the secretary-general who has declared himself to be an ardent free trader. he is a defender of globalization. essentially, this is the kind of speech you would expect from a u.s. president. it is clear that the roles are being reversed, the world is turning upside down. all of this could be a cause for alarm for elites at davos. take a look at a cartoon in the new york times. how to thrive in an anti-elite world. that is a panel discussion. looks like a popular one here at davos. yesterday, barack obama granted commutations to 209 people and parted to give for others. >> one of those people was chelsea manning, the u.s. soldier sentenced to 35 years for leaking classified information to wikileaks. this is one of the longest punishments ever imposed on a leak. can read the article in the new york times that says obama's decision is probably rescuing manning from an uncertain future as a transgend

excellency, xi jingping, the people's republic of the country of china. [applause] [speaking in native tongue] >> translator: president, we have worked hard -- i think state and government deputy has been a u.s. -- head of the international organization. dr. trained to and mrs. schwab, ladies and gentlemen, dear friends [speaking chinese] >> translator: i am delighted to come to.both. [speaking chinese] >> translator: a small beautiful town in the alps is an important window for which we can take the power of the global economy. people move from around the world to exchange ideas and insights, which will broaden the vision. this makes for animating a cost effect to brainstorming event, which i would like to call bush on economics. [applause] [speaking chinese] >> translator: as you know, the chinese will celebrate the lunar chinese new year. around this time, in china, people visit their relatives and friends. and this way they will strengthen their bond and friendship. so this time, my wife and i and the delegation, two calm tuesday new year greetings to send their land and the whole

it stopped them? sec. carter: no, it hasn't stopped them. i think xi jingping said -- this was intended. this is that second strand of chinese behavior in action. we need to act against it. i don't expect we can only eliminate that strain of thinking. i think we have to take that as a reality to which we need to which we against the to plan and have military capability in the defense department, that is what we are doing. we should continue to do what diplomats have been doing, which is to try to get them to change course. my job is to make sure we are prepared if they don't change course. charlie: do you believe that as the chinese president consolidates power, he is becoming more aggressive in terms of china and china china as a and global player? sec. carter: i have met other chinese leaders, xi jinping i think it is fair to say he is a stronger and more unitary leader than either of his predecessors. he is emboldened politically at home. i think he is quite concerned about the economic and demographic prints. there is always a tendency to turn to foreign activities as a way

taiwan. i'm kasia madera in london. rolling out the red carpet at davos. xi jingping becomes the first chinese leader to visit the world economic forum. and seeking out the local talent. beijing cracks down on the use of foreign footballers in the country's super league. live from our studios in singapore and london. this is

. francine: and live in doubt us, i am francine lacqua. xi jingping gets the spotlight in his first speech at the forum. the future of finance. the deutsche bank ceo joins our debate about the industry at 7:30 u.k. time. ins, we speak to the mlco his first interview of the day. ♪ manus: welcome to bloomberg daybreak: europe, our flight shape morning show on the slopes of devils. anna: let's welcome francine lacqua, at the world economic forum. francine, we have had a great first hour. what more have you got coming up? francine: we will be talking to the credit suisse ceo, and the brazilian finance minister, the bp ceo. minutes, wea couple will be talking to the ceo of enel. it's only four days until trump gets inaugurated. we'll talk about trade wars. manus: great interviews so far. we have discussed asset management and what brexit might mean. too gloomy so far. we look forward to the next couple of days of great interviews. let's break news for you now. i have the auto sales for europe, hitting a nine-year high. a couple interesting facts coming out. 6.5% rise in volatility, 15.

stopped them. i think she jinping -- i think she jinping -- i think xi jingping said -- this is that second strand of chinese behavior in action. don't expect we can only eliminate that strain of thinking. i think we have to take that as a reality to which we need to the militarye capability in the defense department, that is what we are doing. we should continue to do what diplomats have been doing, which is to try to get them to change course. my job is to make sure we are changed if they don't change course. asrlie: do you believe that the chinese president consolidates power he is becoming more aggressive in china nationalism and china interest and china as a global player? carter: i knew hoosier and knew -- say he is is fair to a stronger and more unitary hiser then either of predecessors. he is emboldened politically at home. i think he is quite concerned about the economic and demographic prints. i think you see that tendency in the chinese leadership. it has been lost in many countries. i see all of those things and that is one of the reasons we see that strand in chinese str

capitalism. the paper touted the relative stability of the communist system as president xi jingping heads toward a reshuffle of senior leadership. the former education minister emerged as the front runner in the french socialist party's's round primary this weekend. it will hold a runoff vote next sunday between him and the former prime minister. polls show that the socialist candidate will finish a distant fourth or fifth in the first round of the presidential election on april 23. will be the first european leader through the door of donald trump's white house. the british prime minister is set to visit and engage him on questions about the future of nato and syria, but the most important task is to nail down details of what a u.s.-u.k. trade deal would be like. >> he has already said to me that he wants to see a fairly strong relationship between the u.k. and u.s. into the future. there are issues that we will work together on in the future. the importance of nato, for example. defeating terrorism. these are issues where we share the challenges, we see the threat, and we have worked in

xi jingping the spotlight, with his first speech ever at the forum. let's get back to the world economic forum in davos, with bloomberg's tom keene and his panel on the future of finance. tom: if you don't make it every 90 days, the world falls apart. we have a panelist to provides us with a terrific historical committedwho has been to acquiring for the united states of america different pieces of our heritage and history and possibly understands the 1930's like no one in the room, and certainly a political moment we are in worldwide. finally, we have a panelist to -- full disclosure -- has written my book of the year, with a great hat tip to sebastian alawite. who hasessor rogoff, the worst ratings on amazon i have ever seen. his book is flat-out courageous, and the international response. the future of finance is about the how of the future, the what is the future, the strategies, and we too often forget, particularly in this valley, the tactics that will be required short-term to get to the strategic long-term. anne richards, you understand the great distortion. you understan

9:00 p.m. eastern time. and xi jingping will become the first chinese head of state to address the world economic forum in davos. he will speak next week at the opening session of the annual conference of billionaires and political leads. he will be a company by top chinese business executives, including jack ma. global news, 24 hours a day, powered by over 2600 journalists and analysts in more than 120 countries. i'm emma chandra. this is bloomberg. alix: thank you. u.s. equity futures go nowhere, but what is going somewhere if the ftse 100, now rising for an 11th straight day. we are looking at nine record highs, closing of another record today, up by over 3% in just the last few weeks. we have been talking about the pound, now at a 30 plus year low. you also have the miners holding the top three spots since december 21. you have global reflation, commodities moving higher, helping the ftse. although oversold, it is over 70. up.vidual movers, alumina it will use ibm watson technology to cut dna sequencing times. what that means is it could revolutionize cancer care, so they can i

the option alley. ity.ptional francine: xi jingping is said to steal the spotlight in david: . this is "surveillance." a greatdavos, we have show lined up for you. here --a special show we will be talking to the finance minister of brazil. then we speak exclusively to the cfo of credit suisse. at 9:50, we speak exclusively to the ceo of bp. but first let's get straight to the bloomberg first word news with sebastian salek. the u.k. is likely to pull out of the single market and overholt links to the union as it seeks a new trading relationship with the block. message from the prime minister, expected to deliver it at 11:45 u.k. time as she sets out a hard plan for brexit. you will be able to watch it on bloomberg tv. deutsche bank may withhold bonuses from as much as 90% of bankers and traders, according to "the new york post," citing a unidentified people. they saly the top 10% are expected to receive a bonus, and those payments may be spread out over the next five years. a spokeswoman in hong kong declined to comment. turkish officials say the man who killed 39 people in istanbul

, china's president xi jingping's visit was criticised because of the country's record on human rights. joining us from our cambridge newsroom is the historian anne whitelock from royal holloway university of london. thank you very much for your time this morning. before we get to the specifics of donald trump's state visit and some of the controversy around that, can you explain how exactly a state visit works? it is an occasion of great pomp and pageantry. it's where the host nation, the uk, puts on a show for the foreign head of state and it involves various spectacular moments really, very public moments, and some private ones too. so the foreign head of state will be welcomed by the queen and members of the royalfamily, welcomed by the queen and members of the royal family, often welcomed by the queen and members of the royalfamily, often at welcomed by the queen and members of the royal family, often at horse guards in, and then after surveying the troops there is a carriage procession down the mall. if we rememberfrom previous procession down the mall. if we remember from previo