keepwell your eyes on china mobile and china unicom and china telecom. this after the apple story with china mobile today. china mobile shares rising 1.5%. china mobile accounts for -- watch out for those shares in the u.s. open. the biggest supplier to walmart, shopping is a great big part of christmas. shares are largely lower. volumes are very low. japan today is shut for the emperor's birthday. we have market volumes low because of the u.s. story again. tomorrow is a half day in china and hong kong. one of the best-performing stocks on this monday morning is because of apple. >> those markets there in china getting underway, the main concern of investors today is this deepening cash shortage. david is here with the latest. >> it is those interbank lending rates, whatever you want to call it. we are just getting underway. you saw john showing a little bit of gains at the open on shanghai, the shanghai composite. perhaps a good sign is that earlier on, we saw borrowing costs have come down at the start. we are at 5.5% for this one week benchmark. we ar

and japan as well as china and some of the countries bordering the south china sea come to some agreements for instance over oil and gas exploration under sea and these agreements i think could be the kind of core of some agreement in the future one of those agreements was just back in two thousand and eight around the cock while ns and we've seen some additional movement toward agreement in south china say ok martin but if i could put china's policy in a nutshell it doesn't want to have to have to ask for someone's permission anymore this is the whole point of these new restrictive air is a zone is that china is going to say you know well if you want to go through here you're going to have to talk to us here we'll let you through but you have to talk to us it's an acknowledgement that they are a great power in the pacific because all of these zones since the one nine hundred fifty s. were unilaterally done by other powers particularly the united states and japan baby now china's permission. yes absolutely correct but china has to be very careful here because it becomes quite aggressive in

china declared a new air defense zone above the east china sea. with disputes still boiling in the south china sea, the restriction has concerned it's neighbors, including vietnam, japan and the philippines. >> the united states does not recognize that zone and does not accept it. the zone should not implemented, and china should refrain from taking similar unilateral actions i in the region particularly over the south china sea. >> we believe safety and security of the affected nations. >> the trip is kerry's fourth to the region as secretary of state. he canceled the planned visit just before typhoon haiyan. this week kerry plans to visit the area hardest hit in that storm, in the town of tacloban. typhoon haiyan hit a little over a month gone with winds gusting at 200 mph and a storm surge that swept away entire neighborhoods. since the u.s. has dispatched an aircraft area to discontribute aid. >> with significance assistance give to us by the united states after typhoon haiyan. whether by support or by generously providing relief goods and aid

i got to take money out of emerging markets like china. china has shown growth figures. the timing might be right back to newark on the asian one. some economists argue about how the puppy might effect until the prices in china. one human and economic phd in china to the dq me think that would put a ton of help right mopping to create more ripper townsville the market much of the large cash and clothes and put it on the top right in the past decade sure it didn't he told the court appleby china must read for the perfect time of liquidity which may cast with more frequent china. mopping of the cash squeeze in june of this year with affected by american to be phased out reading is that the cast was largely a result of people but i never bright pink the other tiny things cos not lending to each other. there wasn't much being said about china ever bright pink prom be related to the qb days now mondo and i think the findings of christ that you got a total international capital flows. you'd almost think undertaking billion us dollars in emerging market when the fed announced t

another way in china. they want to be number one in china. >> it is not a number one or two. >> it is number five. how do they get to number one with mark -- one? >> they do not what the apple one. at a high -- apple any high price they want margin and profitability. probably not a likely. chinese like to buy low end, low priced. in china you can get a good smartphone for wonder dollars or u.s..s. -- $100 or $20 $200 u.s. >> who is the loser? >> is good for the whole market. competition might be tougher. some believe it is good for the supply and asia. we do not believe so. price gook, the share up. 4s, people take profit. you saw. pricing did not move very much. not too much. edidtion is time to take a profit. -- it is time to take a profit. i have been on the road and people said we like apple. [indiscernible] is this part of the oversaturation story? country, this is one that is picking up phones but to the smartphone in terms of luxury market is falling? >> that is why we are very cautious. if you look

china. we topped the hong kong shopping spree authorities believe the number of mainland tourists to the thirty six million at the end of november. during christmas this year with the mainland towards the project until you die. the hong kong with skincare product in person you guys are appealing because of their big kick out if you change from previous years. the winners in the plot got to pick five litre got to thinking have changed a bit and with that of the chinese government which took some consumption is the top of the change data showed the bill would remark that have flowed on to what increase of two percent this year. finally people daily routine of the time for apple in china. the chinese word for apple picking well what to do with the tiny print edition could be done yet. and apple pulp with the bulk of gdp in china because of another prominent many chinese businessmen have taken advantage of this somewhere. lots of apples a raft of decorative paper and boxes to hold specially for

china. it helps people get around some of these rules. >> a lot of chinese people do use bitcoin. >> it is still early, but china is a tech savvy place. thele like the appeal of homemade kind of things. the idea of this homemade money really resonates in china. but it is dangerous if the government does not control it to some degree from spilling over into the real economy. >> what are the popular things purchased using bitcoin? >> people are using it for anything and everything. even house purchases, i've heard. chinese maintain strict technical control. you can only bring in $50,000 a year and take out $50,000 a year. house prices, you would not get much for $50,000. people are finding ways to circumvent these capital controls. i think bitcoin has found tremendous and peel -- appeal among money -- money laundering and criminal elements as well. they enforce this? >> the way china has to move is reform. there's a lot of talk of pushing reform. we have foreign central banks increasingly hold

expansion of china's airspace. it is sadly not targeting any country specific defense ministry spokesman kong and shop modifying a press conference is going to be a cic is not a no fly zone its own expansion of china's territory as space is simply been established to calling him as a precaution to help china better defend its national and states on johnny day with a top story in the skin soft. ms jones said the east china sea air defense identification zone is essentially different from terror toil airspace were no fly zones. he will not affect the freedom of over apply to other countries aircraft based on international loss nor is it again did any specific country or target answering some people doubt on china's monitoring capabilities in the zone the spokesman said the military's determination to safeguard the security of national territory and tempo and pace are odd way for him and the military is fully capable of exercising effective control over the cell. dawn also said china is not alone requiring aircraft fl

on tuesday to look up the fourteen network in china the four g era coming to china. in december that year the chinese government issued fourteen likened to the three tiny telecom corporation of china mobile china due to comment on telecom. some market analysts to the porch light that would put him back more than what it really new at one hundred billion dollars the community can come to market. most phone users fourteen technology means quicker and at the animal services. in addition chinese leader ported that many home users also can be. the four g service. according to data released by pt mobile eight carried up the kind of fourteen packages. the most expensive about twenty three because her mom for six hundred megabytes of domestic internet usage and five hundred men of domestic own time. the high expenses with about fifty fifty with tele packages for each month include one sheet of mexican dishes and one thousand and two domestic only time they see mobile said that compared to the upright. the three d packages for tiago had to jump and you can call in time the bi

between china and the united states. it has certainly increased the friction between china and japan. and now introduced new tensions between china and south korea and created the potential for accidents in the region. that could be quite dangerous. it is the tightening of the announcement and the extent of this zone that i think is quite worrisome to the united states as well as the procedures that the chinese have announced that applied to aircraft that are flying through the set and therefore i think that the united states does not expect that china will rescind this zone. but i think the us hopes that we can influence how the chinese actually implement these procedures. the circumstances under which they intercept aircraft flying through the zone. i think you will certainly encourage more diplomacy on any specific discussions about confidence building measures up between air forces in particular but also between other parts of the military and law enforcement systems. i think overall. what the vice president is going

what they were in china. the poll data from the time the context of the station showed that during the third quarter this year. average pump prices were nearly eight hundred fifty dollars a tonne higher than us. although with a new restaurant four times higher than china the china textile company mentor to the cheap cotton prices with dokic write that down. the company managed all to believe that putting factor in the united states would help improve the technology used and brand image. finally for money don't want to conduct on north korea rate of coal prices in china. despite the continued increase in the planter cycle prices north korea's re export price of the china. according to data from china's rid of court in december the price of imported answered my call from north korea has increased by forty five dollars per tonne compared to last month. more content with merely due to a recent change in the country's politics and like all of the high carbon content and the cute security. a while even thermal powe

early 2008, 30% china was -- 30% said china was. 48% now see china as the world's leading economic power. >> as you look at these numbers, and certainly the more notable events -- -- notable the attack on september 11, our role in iraq and afghanistan -- were these huge driving issues? that more see is recent events have contributed to this to some extent. is the way the situation in syria has played out. public disapprove of the way president obama has handled syria. for the most part it has been fairly good in recent years. 51% say the president is not tough enough in his approach to foreign policy. ! you how one organization is playing this story on the pew study. you can get the details on the al jazeera met -- on the al jazeera website. then there is this based on your survey, 70% of those surveyed said the u.s. command less respect than it did in the past, matching little scene toward the end of president george w. bush's second term. that was something that was also surprising to us because we also conduct our global attitude studies all over the world. the image of the united sta

by china. the obama administration urged caution but stressed that the u.s. military will not recognize china's demand and stand by the ally japan. after china scrambled fighters to intercept nines through the zone, the u.s. urged airliners to comply with the new rules for safety sake. after vice president joe biden last week spent four hours with the china's foreign minister, he says they should exercise restraint. neither disclosed what the two discussed privately. china's move is provocative. a dramatic step to impose its will as a part of concerted drive to take territory it views as its own emboldened by the growing economic and military might and the conviction that the neighbors will back down, china is directly challenging washington's influence across asia. and beijing has already started deeper incursions in india and hassling vietnam. as the region's security guarantor, washington must push back against china with pressure of its own. failing to do so is the surest way to destabilize

china has set up the east china sea eric and i can put the case in style. how often the tournament needs of self defense in accordance with international law. japan and the united states should respond to read of the issues in an object at the fair manner. secondly as i pointed out earlier in the country has unilaterally change the status quo. repeated tension in the region. its all time she didn't. titus new addy for identification zone was established last month. it covers the disputed tou islands and overlaps with the us. i liked it as a vip the us and japan both the five chinese requirements friday and warplanes students only. china responded by scrambled fighter jets. but biden's visit to china was planned long ago but forty recent wave of tensions. it was well written read the focus of discussions on he shows that the dprk see leah cybersecurity and was keen understanding of china's blueprint for keeping wish for. anybody know. now this is happening under the cloud of its air defense though and i think that there's enough attention to both of these th

this china mobile thing, i just wonder how many china mobile users are going to buy that. >> certainly more. >> a lot have already migrated to china telecom. >> there is certainly a lot more. >> ok, thank you, cory. that's all for this edition of the show. see you tomorrow. ♪ >> welcome to the late edition of "bloomberg west." recover that media companies that are reshaping our world. i am emily chang. our focus is on innovation, technology, and the future of business. there was a self driving car and then a plan to use whether weather balloons for wi-fi.

as would presumably be to china. removal alsohis has some implications for the north korean relationship with china. host: you mentioned this is how it played out in the north korean state-run media. can you read this and tell us what the caption says? guest: it -- i can't. host: right here. it -- it is partially blocked. i don't think i have enough. is part that is viewable [korean] but i can't figure out from that word. host: the fact that this was seen in north korea is important because why? guest: historically this sort of purge has happened behind the scenes and we found out about it weeks or months later through rumors. in this particular case, it is right there, real-time. everybody knows. generally speaking, what has been reported so far through to atedia that has access least north korean voices or refugee voices, one of the shocking things is that this was a family affair. he did this to his uncle. host: here is a picture of him back in february. guest: yes. there are also pictures of jang as an advisor to

the title of the most effective private high school in china. as if to assure peace for four years in china more than eight hundred nine thousand us for about a hundred forty seven thousand dollars the percentages of the school of british schools by branches in mainland china as of now. locating one to shanghai and beijing the beijing branch is not more than one thousand three hundred students enrolled the beating to the beijing branch school to reach two hundred million yuan for about thirty three million us dollars each year. a new school in hong kong open up in september two thousand fourteen. then on increased number of tiny hand written note of the international school. he's not wish to be the very high. altitude of eleven the number of area schools and taught at school about two hundred and eight the definition of an international school might still be working with the country. more than a hundred forty thousand students are open to the school. i am talking about caught up yet the cornbread and china have dropped by fifty percent in three

welcome back to china for clubs in today's money matters were couple of marathons in china. across china for the marathon the goat quick and easy way to make millions. we're going to print or like to attract big name sponsors. in order to get them the international recognition for his race he organized an anti trade it will quickly recognize that the people by the fourth grade. by the international petition athletics federation itf for short. the idf divided in their prime the three level. gold silver and bronze. it's great the board that. more than two hundred ton of wildlife therefore were too tiny. he didn't think i'd want your child. or maybe curfew due to the comical people that prefer to be blunt or ring pop that you can think for the world championships to be in attendance. dole them out of diversity than the five nationalities are preventable through the brothers. and of course the final time. well to repeated be completed under two hours ten minutes and i had to have our weekend china now. we did meet the criteria of a lot of africa protective. typical data shows th

in gas output ok china it is china demanding washington respected as an equal in the pacific it can't do that militarily at this point but you know for the chinese they have a long view i think we would all agree. well i would i would slowly disagree with with martin here it's true that china perhaps perceives obama as weak but i see this more in the longer term and that is that the united states is largely playing a bystander role in this pacific pivot isn't some ways an acknowledgement of the u.s. bystander role over the last decade and this is largely between china and japan this current issue united states has encouraged japan to have a more aggressive more muscular shall we say foreign military policy and china of course as you say wants to have a foreign policy that is common with its economic strength that's growing economic strength so we see these two tigers on the mountain as the expression goes in the asia realm and the united states really is caught in the middle of it doesn't really want to tangle with china and at the same time it has to support its ally japan but it's m

china sea. the story is especially relevant for american viewers because the islands are administered by japan. under a treaty, the united states is obligated to defend japan against any attack on territory it administers. for more we are joined by john busy, assistant managing editor of the "wall street journal." earlier he was the newspaper's foreign editor and before that its tokyo correspondent. why do these five islands matter so much to china and japan? >> they are in the east china sea, but they have unknown oil and gas deposits beneath them. they are kind of the governing trade routes for whoever has authority over them. they are kind of significant from a geographical standpoint and energy standpoint. and emotional standpoint for both of these countries. china says they are way too far from japan to really be part of japan. japan says, look, we administered them for decades, they're ours. >> what's the latest in this round of escalation that's been happening? china sent fighter jets to

but before all that but look it up like a blanket in china first up match of the daily china's housing prices bring to life the world international real difficulty agency knight frank published report that shows that i'm out in practice the second high for three in the world. the porch of the from september two thousand twelve to september two thousand thirty thousand pregnancy mainland china. but twenty one point six percent the strangest seven percent weapon of dubai. among chinese cities facing housing prices increase. typical data from digital group that shows that in november the average housing price in beijing the four hundred us dollars a square foot the increase of twenty percent compared to the same time last year. data from fiji on how real people talking abt to the total value to two hundred ppm three hundred twenty thousand dollars to occupy forty five percent of total housing sales this year. but compared to previous year. i'm going to let a hundred fifty thousand dollars. for more three hundred twenty thousand dollars having sold my free consulting a permit to keep housi

be sold in china. that may reduce some shipping costs. >> that maybe some of the thetance of some of contract he details that might have really gotten china mobile to move at this time. typically, it is selling outside the u.s.. they do charge him slightly more. they can give a little bit more on things like that in shipping and logistics. that would make sense. it is not going to come down enough to really close that gap with the average price being about 200 $70. you're still looking at a gap. merry christmas. thank you very much. over 130 2 million packages around the world during christmas week. how do they do it? we will go inside ups to find out next on "bloomberg west." ♪ >> welcome back. we have some breaking news. a key deadline has been extended for americans looking to sign up for health care. the deadline extended to midnight tomorrow. this is just crossing for health care coverage effective january 1. it is supposed to be today. heavy website traffic prompted the extension. a reporter ha

weary of a rising china. biden will address the issue and seek clarity regarding china's intentions when he meets with present she later this week according to senior us official. by this final destination will be south korea. we'll meet with president park in hay and assess the ttp the controversial airspace issue and north korea. all of the audio mix the intensifying where the northeast age of major powers in the region are bracing for more advanced weaponry to bolster their defence capability. curry is no exception as the country's reportedly seeking to increase its number of aegis destroyers our defense finish a course on and on has more on the parent arms race in asia. sundown which sparked fresh diplomatic friction easy pacific region by unilaterally the clearing its new here and defend sound of the east china sea is feverish and beefing up its air and sea defence. china plans to for two or two more aircraft carriers like twenty twenty five extending the total number to read while upgrading the seventy

china and taiwan playing guitar. an official of the us defence department told nhk that china was expected to scramble its fighters noting that may have been lauded covering the us minutes we had propped on intelligence gathering missions at close range the official said the us minutes we will be closely watching when the chinese can actually increase its flight operations. china's your new optical action is affecting international flights around the region. the us government has decided to embark on a show like an alliance to denote the fine china on the full flying through the company's new lead the class so. state department spokesperson said in a statement on friday the government expects international us carry us to albright in compliance with notices issued by foreign companies. but the statement also expressed strong concern and all that china's establishment of the cell. it says will make this measure does not indicate the us government's acceptance of china's requirements washington is the country can send o

this was to china. removal alsohis has some implications for the north korean relationship with china. host: you mentioned how it played out in the state-run media. and you read this and tell us with the caption says? guest: it is -- i cannot. -- it is not -- it is partially blocked. viewable, i dos not know. i cannot figure out. host: the fact that this is what is seen is important. why? guest: historically, this sort of urge has happened behind the scenes. people find out about it weeks and months later. isthis particular case, it right there in the real-time. everybody knows. generally speaking, once it has been reported, some media has access to at least the voices. the shocking things is that this was a family affair. he did this to his uncle. host: here's a picture of them back in february. also picturesre of him as an advisor to his father. -- he has been a figure who has been visible to the north korean people as an advisor for a long time. the north korean state media is now busy expunging his

okay that's all we have time for the date of the china price watch deleted a couple living in china. until that you can do a neighborhood that all line up he went out to be documented. and. xian the chins. they are all on my way up. it's like. it holds up the defence sources said. the breakup child in the nineteen th. democracy. i teach english and spanish the group only has strong support of the recent integration in the european union. celtic culture on the issue. he calculates an open with europe. albania bosnia. the man craig share surely you can. they could match the kenyan coast of the montenegro and i were checking out the details of economic and commercial shipping them to the eu. in many cases tell if the animals to teach me teach or preach or just an obstacle to regional cooperation. from the european continent and expected. twenty three countries and regions. you can eat a tasty dish or on line are you trying to fight against corruption and organized crime the outta here. when cutting them to express our readiness normal homework only by riots. but by a concrete situations

in china with new year's eve and china more coming out. many restaurant advertising special made for the fall of the family be. these records are trying to bring customers and trying to bring their stuff for the homes of customers and that. some restaurant and young are catering to hold a party in allowing the captain the kid to work in the health of the cup. after calling the restaurant. readers will drive or the customers to oppression and all the cooking completed including the topic and he does it. the riddle of the people what they would in a five star restaurant thinking about the end of the meal the small bit in shock and provide a meal for what they call customers that they could charge for one dinner from four thousand eight thousand u n run it under fifty to one thousand three hundred us dollars the good shepherd readers usually charge twenty percent to forty percent of the door to door service fee the concluding that the two charts. if the customer special quest to me extra fee would be at most chinese families like having three

it began when china announced a 600-mile-long east china sea air defense zone, which includes the islands' airspace. the u.s. ignored that declaration by dispatching two unarmed b-52 bombers to fly over the islands-- ostensibly part of a training mission-- without informing the chinese first. on wednesday, beijing announced it knew about the flights, but it offered no insight into how the zone might be enforced. >> ( translated ): we have said many times before that we will react accordingly, depending on the extent of possible threats we are facing and the circumstances. >> ifill: a day later, japan announced its aircraft, too, are continuing surveillance missions in the region, also ignoring china's demand that they get permission first. >> ( translated ): we have no plans to change what we are doing out of consideration to china. >> ifill: south korea, which has interests in the east china sea, as well, said it also would not recognize china's new defense zone. >> ( translated ): as of now, south korean government will allow our airplanes to pass the zone without notifications to china

in china a huge walk in the past two years. which i haven't had the hide a repeat of the deal could reach one thousand nine hundred the us dollar. get your doctor or the future the problem is you only get pampered. iron purification showed the total liability that i will be about three to a new ad for about four hundred nineteen billion dollars during the year the field and that he got the capacity of the main reasons leading to the little profit. data provided by the national bureau of statistics to do the trick fuel capacity would like to reach one billion tons by the end of two thousand thirteen. the production capacity to be about two hundred million tonnes. in addition the cost of the total protection. it was great pressure for the dove into the well. you've been there the one producing a ton of steel. the cost of either protection. the fifteen us dollars. in each of the total costs provide protection more than that he's doing you at about twelve billion us dollars one year. finally the china business news the chinese gove

of china from china. in response chinese authorities have taken drastic actions. shanghai announced the pollution standards would loosen to lessen the number of aerts being issued. no, it works. it worked. it's like setting your house on fire then taking the batteries out of the smoke detector so it doesn't wake you up. that's why i'm giving a rare tip of the hat to the chinese government. they went even farther, folks. last week china's government news agency informed the chinese people that smog is actually good for them with a list of five previously unknown benefits. saying it makes people more united. it's a common enemy everywhere in china. it promotes equality. both of rich and poor have to inhale the same polluted air. makes china more aware as a world factory, knowledgeable of pollution and unites them. yes, last certificate best medicine especially if you can laugh without inhaling. ha, ha, ha, ha, ha. [laughing] [laughing] >> stephen: next on the all china tip wag, north korea. a country that h

controls the items china and taiwan claimed that it says china's declaration is a great infringement of japan's tutorial sovereignty the resolution says he and his own restricts freedom of flight although the high seas it also says he has only will heighten tension although the east china sea and undermine peace and stability in the asia pacific region. you don't like it was accidental closely cooperate with united states and other countries to calmly and resolute to deal with china's attempt to change the status quo by force. i know we are determined to attack japan's territorial and waters and airspace. lower house adopted the symbol of resolution the previous day. javanese defense witness the key to legal then i am the philippines secretary of defense bullpen gaffney and have agreed to work together in dealing with china as well total ban on driving mom the mom so thankful today that the senate to pass calif accept china's change of the state the school. gavin seven in the philippines have expressed its own consent the move creates conditions in the region. all of them told report

some say china is forcing a major transition in the area. >> translation: until recently china didn't challenge the status quo. china has begun to challenge the regional order. the problems in the eastern south china seas are such examples. >> a challenge for shinzo abbe and joe biden is how to play their hand as mixed signals are given out. china said japan was the target of the new zone. they said it is neither a no fly zone nor territorial air space. can joe biden discover the real reasons behind the power play. only a gambling man would lay money on what china is thinking. >> the vice president next stop will be china, and he heads to south korea. >> the 85-year-old american war veteran held in north korea is in good condition - that's according to a swedish diplomat who visited him. merrill newman was taken captive more tan a month ago as he was about to take off on his plane after a tourist visit. authorities say they are holding him to investigate war crimes. he was shown on north korean television, reading what korean officials said was an apology. the u.s. is calling for his

to the china community. a designation of those honoree wouldn't be time letter. anonymous for their live ability and cultural use ambassador for their told them. a nonprofit that serves young china families gets ready to celebrate it's one hundred and 40th nancy pelosi so to quickly summarize those names that were provided to our office by a lot of feedback first ms. cameron devoted her life since she joined the partnering home and later another home for orphaned children. i'm proposing we add cameron alley we're not replacing the name only adding the designation for a street known as cameron alley because cameron spent time doing outreach to girls and helped during the course of her life. the second resolution is a woman ms. limb was an activist in china town that devoted her life for housing and streets in china town. she was with the staff in the community development center unsuccessful advocating for the southern subway and on montgomery street as an affordable housing. sf tomorrow and the sf board of s

it covers a large part of the east china sea. and includes islands the japanese control, but the chinese and taiwanese claim. biden will head to china after he leaves japan. the vice president will meet on wednesday with president xi jinping and other chinese leaders. analysts say biden is starting his tour in japan to highlight the decades-old u.s./japan alliance and to coordinate the response to china. he'll travel to south korea later this week. >>> u.s. leaders responded quickly to china's move with both words and actions. top officials criticize the chinese for trying to change the status quo in the asia-pacific. and military commanders sent b-52 bombers to fly over the air defense identification zone. it sent a strong message to authorities in beijing that the operations of u.s. forces in the region wouldn't change. we asked bonnie glaser with the center for strategic and international studies about biden's visit to the region and how much will the identification zone dominate the talks. >> i think this new air defense iden

china that it is reported. i flew in from mainland china giving birth in hong kong. undergrad able to get them a fake marriage local resident. applicant only need to revive hongkong troubled past decade. those people come to rest the dawkins from their certificate. the cop did not cheat. he woke up to two hundred dollars us or forty two thousand dollars most of the applicant admitted that the rich and commitment on the make and we are concerned about really getting married in . by doing that he can help the guys are dead another way to give residents the african country because the hong kong government does not restrict or people doing for the on call. it is to charge more for this. the cheapest practically run to five thousand dollars over the altar pre trip the chinese covered in the upper mantle nationality therefore the present chinese nationality. we'd taken away one has been discovered. don't go went up mitchell continued commitment is getting on top. they can welcome back to china price watch in today's money matters were talking of the mentors to the group in

what about china mobile? deal removes the competitive disadvantage they had a drawing in the high-end users. those who can afford to pay more for the iphone. they have close to 800 million subscribers. all of them not going to be migrating to the iphone but if they can get a 100 million, that is a huge thing for china mobile which is already facing perhaps the first drop of decline in a decade because higher subsidies and cost of 4g rollout. getting the higher margin iphones in the mix is positive for china mobile. >> thank you. let's look ahead. of european banks. the industry has risen 23% and year measured by the euro stoxx. for a look at the prospects of banks in 2014, let's bring in senior banking analyst, bloomberg industries has 140 analysts who provide research and data on a 100 industries. john, good morning. one of the big events if not to the biggest that will take place in 24 for european banking industry is the ecb asset quality review. >> absolutely. with this ebanks preparing for this. haven't

china does the stern report. still part time only four point three percent of total done online stores. the in on us the first online open the new act like a good night as of now they've been over a two hundred online stores in china. a couple for fifty nine percent of online drugstores in the world. each year over a hundred of the building drugs are sold through the website. this occupied nearly thirty percent of the total cost of the market share in china. it did mean that china has over eighty billion potential market value. online drug failed. the giant in proper training of chinese companies became the bike the rest this team to eleventh the ali baba good but taking all the comp first opened online drugstore or more e commerce websites when the market. however as mentioned above two for the country only of the hundred twenty five hundred stores. to wear tiny porch trying to get a pic of the pot. if he understand the property online drug stores the conflict friend neighbor and utility. cutting out the front c

what is china doing about it? they are building nuclear as quick we as a can, wind, solar, as quickly as they can. right now, it doesn't really achieve the balance. price of the stuff is dictated by the chinese themselves. >> that's right. one of the key issues is the unique price reform. one of the key issues in 2014 is pressure form for electricity and gas in china as well as some other parts in asia. but in china, you need the cost --the goods sold to reflect the price of the goods sold to reflect it. >> prices remain stubbornly high. >> they remain stubbornly high. oil ands its index to the forecast for oil has been much flat year on year in 2014 versus 2013. companies with the utilities where they cannot automatically pass through their costs to the end-user. japan, on a quarterly basis, you can't pass on the cost to the end-user. in hong kong, you can. we can spend more in 2014. but in places like taiwan, korea, and china, they cannot automatically pass through those costs. >> what about what we are hearing

china business news report. he was the largest domestic supermarket chain stores walmart and uncle ty to report the fire pole the court to the new puppy when we got twenty percent of current suppliers. that alone tells me to thirteen the copied over one thousand compliant. the new call to cut out around two hundred suppliers. the plight of china business news that the new band arbitration to use that water will collect the next year the collective suppliers to give the four hundred of us. but fifty five thousand dollars for the few that you can charge the plant has now been charged for each type of product. i used to pay fifty thousand us dollars to the supermarket and he crawled out of its products but now after the new puppy that it soared over three hundred thousand us dollars a compact example who are protected for dollars taken by surprise. it didn't help or two dollars repair the peak in the film along with the three point one million dollars. white actor turned twenty three fewer than three. supermarket i

china and the u.s. agreed to a new model of relations, looking to ease tensions between the nation, both of which is expanding their presence in the pacific. 2013 was a packed and complicated year. 2014, by the looks of it, will not get easier. >> president obama and john kerry has a long to-do list for the new year. several hot spots need special attention. one big political headache is likely to come from afghanistan. u.s. and n.a.t.o. troops will leave in 2014. the tribal leaders will keep some soldiers behind. >> president obama will not sign off until april. >> the nuclear deal with iran will expire. tehran, washington and a number of powers have to reach an agreement. they have to satisfy iran's nuclear ambitions and ease the fears of their neighbours. fighting in the central african republic put millions at rick. humanitarian disaers are a security threat. >> joining us to discuss of the year is. >> shaan tharoor, a senior editor at time magazine anded tore of time world and ali wyne with the har

>> apple connects with china mobile. they finally strike a deal to get 1.2 billion subscribers access to the iphone. >> the amnesty continues as putin releases one of pussy ri ot's members. mikhail khodorkovsky says he will work to get other risen out of jail. >> and an exclusive interview with the las vegas sands billionaire. he talks about the future and why he is not lacing his bets online. online.ng his bets good morning. welcome to "the pulse." we are live from bloomberg's european headquarters in london. >> we begin with a deal between apple and china mobile. after six years of negotiations, the two companies have struck a negotiation -- struck an agreement. us withine high joins the details. it has been a while coming. >> six years of haggling and finally, apple is able to access a customer base that is more than double the population of the united states. 1.2 billion. this is a big gap in the distribution of the apple iphone. they have already been in china since 2009. but via the second-largest carrier, china un

and china. it's all around this air defense identification zone which the chinese announced two weeks ago, unilaterally, many people saying this is a dangerous situation because it could lead to accidental flare-up. the vice president is there to try to defuse that and ask china to back down from more of its strident threats. >> the vice president was in japan using incredibly diplomatic language. in some cases walking on eggshells. you have to be so careful and specific here. eye any sign that china is backing off a little bit on what some saw as of it? >> i think there is a sign of them backing offer.defense ministry saying they don't necessarily have to scramble their jets for any plane, military or otherwise that comes into that area. as you said, joe biden really walking on the tight rope here. trying to push china, but not trying to anger the chinese too much. he did say that china needs to defuse tensions but he didn't say that china needs to scrap this zone altogether. what everybody wan

most of them come from china. the chinese are investing millions, but some locals fear all the development will spoil the landscape. nhk world reports. >> reporter: jeju island is a favorite resort destination for chinese tourists. they account for nearly 80% of the 2 million foreigners who visited this year. that's an increase of 70% from last year. some chinese people do more than visit, they decide to live here. buyers from china own these condos behind me. each one costs about $500,000. about 90% of the foreigners who own condos in this complex are chinese. she and her husband bought this unit last year. their daughter goes to a senior high school in jeju. >> translator: i like jeju very much, because it has beautiful skies and sea and fresh air. it's like a piece of heaven. >> reporter: she and her family are eligible to stay in jeju as long as they want. in 2010, the south korean government started giving out green cards to foreigners who invest more than $500,000 in the island. about 430 chinese have since

conversation with china. used have to similar conversations about certain values around religious freedoms and liberty. the war of words is to be expected. we have differences in the region. with those deal differences. so the measure of vice president success will be in the days and weeks ahead and not necessarily an hour after the we try to get our sound bytes in and they get theirs in as well. or two.r the next week do you have a lessening of tension and do you have a war of that it comes to an end. do you have a process that's put whereby tokyo and beijing are able to engage in a dialogue which at least spells out some rules of work for the farm air defense identification zone established ese that the japanese have. it's not new and been around for a long time. of the me some sense background here or your take on the background here. you described the region being you ot at the moment and said the chinese have upped the ante. why now? well, i would say that there are transitional politics that into. this

copy print a lot of people in china. the two criminal suspect who gave into that we're into week and people pay for. one major problem to be to god you have any qualification. the bigger problem than that it may use the injections were shot according to confessions from the two criminal suspect the charter companies look for one document for its operation. sometimes we need to pay five hundred ran for eighteen dollars project and i rejected a formal concert on to top it all. the leaked document. about a hundred fifty dollars each time early investigation exposed some consumers now know the pride intact during dangerous. so perverted go through with that the most because of cheap right. our investigation showed that the medical news projections were bought as a purchase price reflected the key us dollars. they can then be super hundred us dollars chinese nearly every year the number of people out and use cosmetic surgery. you can model to major customers micah plastic surgery like the objections of most popular for consum