china is doing? >> no, i don't think so. and the reason you have the u.s. so involved and interested parties like australia, japan, now the european union issues statements in support of these operations, is because this is seen as a test case of one, how is a rising china going to behave? it will be one that wants to change the rules that the rest of the world spent the entire post-war era building? and why would anybody restrict themselves at 12-miles if they do this? >> you were talking about the troubles in china, does that make them more likely to assert these claims or less? sometimes countries operate to show strength when they are feeling most weak. >> it really depends upon how the internal crises carry out. if the economy falls apart in a flash, which i think is the more probable scenario, beijing doesn't have the time to strengthen its legitimacy. but if the economic and political crisis are long and drawn out, then clearly beijing is going to do something to create problems abroad, becaus

and china. is that accurate? how critical is this visit to china? yang jiechi his visit to the united states was a historic visit, opening up the opening up the relationship between the two countries. i think this visit is also vitally important. the united states has actually emphasized that they hope that this relationship and this visit will be a milestone, putting our relationship firmly on a positive trajectory. betty: the american public still have a mistrust of the chinese. a pew center poll recently said 54% of americans view china unfavorably. how does the president plan to change that perception? yang jiechi: poll results vary from time to time and from place to place. my understanding of american society is that there is a deep awareness of the importance of nurturing better relationship between our two countries. so i believe that the american people attach a great deal of importance to the visit. we have had some early harvest of this new model of the relationship between us. for instance, the trade between the two countries has grown q

china claims sovereignty over almost all the south china sea. obama met the filipino president benigno aquino on wednesday. they agreed on the need to stop china from reclaiming more land and using islands as military bases. japanese prime minister shinzo abe will support that position and seeks broader cooperation with the u.s., asean and other nations in the international community. he is expected to call on china to stop building artificial islands and abide by international law. china insists that its land reclamation and other activities in disputed areas are lawful and may repeat that position again. earlier this month, the u.s. flew b-52 bombers over waters near islands reclaimed by china in another apparent signal to beijing. the south china sea issue is becoming one of the biggest flash points in asia. previous meetings involving asean have sometimes concentrated on the matter. it remains to be seen whether leaders will break through this time. >> thank you, hideki. >>> on sunday, asean leaders will sign the declaration on the establish

china would bake to imple mment the one china. two two sides agreed on one china. . >>. >> when you look at the geopolitical friends, do you get a feeling that china is the one that will win out in the end? >> that's, of course, the case. china is the second-largest economy, and at the end of the day, there's a lot of countries. you see the u.k., gemany, entrance and other western, what previously were major economies. they came to china's footsteps and cuddle up. you saw, for example, the president to the u.k., and in a statement by angela merkel. and the french president to thina. they were covered up in order to get more orders. and various other high take >>> how does converge edges between china and taiwan impact the balance of power between china and those opposing or trying to counter its rite? it's no secret that taiwan was unofficial. if they get closer to china, the united states would, in a sense. lose a bargaining chip. in this part of the nation, we see nowadays, for example, this sort of antagon. >> between the yits

china has one. instead of imagining china is turning to vault past is overnight i think it's useful to see it perceives itself as returning to position of the greatness and and a multipolard and returning to a position of leadership if not something, something short of being the preeminent power. .net gives us a sense of what xi jinping's vision of the china dream means. that's what chinese leaders aspire to. i think we should us was not his people view the same way. whether they share the same dream. and to understand that and that is what has driven my interest in china for number of years, we have been a bit more about what of the aspirations of china's 1.4 billion people? it's a force that is a source of china's greatest strength and also its greatest uncertainty. i think it's just love to point out that the subject of individual aspirations really didn't merit much attention for most of chinese history. the individual as a force in politics was always understood to be embedded in these much lar

china -- as china's market gets underway, we have climate changes. pollution is at its worst in 13 months. pollution in china and other countries is the issue on the agenda. let's have a look at what we can expect as these talks get underway. david: some of the most -- there isissions a concern that these pledges still fall short. they met inn copenhagen, and that meeting fell apart in disarray, they pledged to limit the temperature increase globally, global 2.7 degreesround celsius. is, today, the aim in paris a two -- 2.7 degree temperature change. 2%2010, there was a temperature change. that reflects economic fundamentals and the divide between rich and poor nations and the wherewithal of nations to deliver on these carbon dioxide emissions commitments. china for its part has pledged that is emissions of carbon by 2017.ill peak in the u.s., it peaked back 2004. the emerging countries in the developed nations -- we will be closely watching is a divide emerges between the two. it comes down to the ability to pay for it and national interest. and the

china. >> at least the flow of money out of china seems to be eased. we had a massive slump after august. take a look at august, when we saw the devaluation from the pboc, over $9 billion in that month. , or is actually stemming snapping, five straight months of decline. this tells us a lot. we had the stock rally, up by over 10% last month. it's best performance since april. the recovery helped money stay in china. a number of new policies from the chinese government cracks down on illegal money transfers. that seems to be bearing fruit, as well. this bodes well for china's efforts to get included in the ferc. it is showing confidence in the u.n., which saw its biggest gain in october. stability is returning to china's foreign-exchange reserve. relief tocome as some chinese policymakers, when the rest of the data is really looking dire. shery: thank you. the latest chinese trade data out over the weekend. a meeting that took 70 years, and led to a handshake that lasted 80 seconds. the leade

have the people in china reacted to this news? >> reporter: some welcome the meeting, saying it will help advance cross-strait ties. others say it's nothing but an internal affair. >> translator: the meeting is going to improve the relationship and stability of china and taiwan. >> translator: china and taiwan is one whole family. it's a normal thing that brothers meet. >> reporter: it appears china wants to give moral support to taiwan's ruling nationalist party, ahead of january's presidential electio the party places importance on ties with china. polls show the largest opposition, democratic progressive party as the frontrunner. so far, xi's administration doesn't have effective channel of dialog with the party. and the party has not acknowledged the one-china principle. observers believe this summit is paving the way for china to widen lines of communication with taiwan, even after nationalists are defeated in the election. >> "newsline" will keep you updated on this story. >>> the biggest news in tokyo markets today is the s

the south china sea. he also plans to confirm with obama the importance of the maritime rule of law. in the meeting with putin, abe is expected to discuss the best timing for a possible visit to japan by the russian leader sometime next year. officials originally aim to arrange a visit by putin sometime this year. abe hopes to meet the chinese president one on one in what would be their third such meeting. he wants to see the bilateral relationship become stable and develop further. abe met chinese premier li keqiang a week ago. >>> hackers have reportedly been trying to steal secrets about a future fleet for australia's navy. australian media say those responsible for the attacks are from china and russia. hackers have targeted ship builders in germany, france and japan that are bidding for the project. the newspaper says a submarine shipyard belonging to a marine systems of germany has been targeted between 30 and 40 times a night. australianedia saying none of the hackers' attempts have been successful

china's people created the republic of china on taiwan. they set on divergent paths. >> translation: the soviet union supported china, taiwan sided with america. it was a cold war frontier. both sides remained on war footing until 1979 when china wanted dialogue. >> reporter: as the cold war ended and mainland china transformed itself. the gulf between the two changed helped by communication and transportation links. political differences remained. china's one party system and control versus taiwan's multipartner politics and vibrant free speech. the two leaders come together, with neither recognising the other as the president of china. at this meeting they'll be mr. the fact of the two sides at least acknowledging each other's existence counts as progress. >> translation: as long as the confrontation is over, china is unified. this is part of the progress. this is not how the countries solve their problems. the summit could set a precedent for future contact at the highest level, or it could be a one off with relations changing back to t

>> the key leader is obviously china. if you think about it, angie, today china in terms of wind capacity. the wind capacity in china is above the whole capacity of south korea. and that's going to double again by 2020. more than double again by 2020 to around about 200 to 250 giga watts of power which is enormous. so china's obviously a leader not just in wind but also in solar. southeast asia has done pretty well in biomass. indonesia -- lagging behind has really been australia, which is quite surprising. they've done reasonably well in solar. but because of policy shifts, right, we're going green, not going green. we're shutting down coal fired plants, we're not. it should have been a leader but is not. angie: it has a new prime minister. let's see if that changes. thank you so much for all of that. great perspective there. thank you. let's get a conservationist's view on what c.o.p. 21 can and should deliver. we'll be joined by gavin edwards director of conservation at w.w.s. in hong kong. very good to talk to you. wh

so all of this unnerves china. study same time, that noted that 80% of the enemies hold favorable views of the nine states. will havexi jinping his work cut out for them as he launches a public relations campaign. rishaad: thank you very much. talking about president xi jinping, he is meeting the president of taiwan. the taiwanese leaders sang the -- and said the united states was notified about the meeting, but they were not instrumental in getting the two leaders together. the stock route in china. it is all but a distant memory. the markets having risen 20% since august lows. >> another day of gays on the shanghai composite. we are up 21% from those lows on august 26. the hang seng market looking good in hong kong, up like 2/10 of 1%. a big gain from japan tobacco, but we are seeing weakness from the shiva after it came through with its numbers. australia's market .nderperforming, down almost 1% that weaker oil price playing .nto the australian market let's look at some of the brokerage firms. a number of other

securities association of china. they over reported equity. the latest official move against china. is authorities seek to assign blame. reportedly under investigation for alleged in your trading. that was revealed that she want back in september. investigated or similar last rules violation. comes after two other brokerages in china will or the vendor investigation. still unknown. firstly have more detailed. a big one. we do value opinions. asia in the news again today after posting a loss in the third quarter. >> it all depends on these the. prospects are looking pretty promising area let's look at how harry asia is doing. down 7%. said is that a loss of 95 million u.s. dollars. due to foreign exchange losses. struck in passenger numbers were down about 14% area the results coming hot on the heels of losses hosted by long-haul unit area asia ask. he reported its eighth consecutive loss. the losses temporary. remember area asia in trying to address market concerns. air asia's accounting practices are questionable. with or inctions unit. 21 out of 23 hours area in air asia currently

local residents fear china may seize their islands if nothing is done. >> translator: now china is demanding fishing rights but we're afraid it will claim sovereignty next. >> reporter: indonesian defense minister visited the islands in december. he said there would be a plan to deploy ships and fighter aircraft. >> translator: we'll send more military equipment to the area. this will allow us to quickly deploy our forces in case of contingencies. >> reporter: amid china's growing presence, indonesia is trying to beef up the defense of its remote islands and local communities remain on alert. metalia, nhk world, natuna islands, indonesia. if you want to see japan's dance you usually have to go to tokushima prefecture and time your trip for the summer. this fall, however, the streets of paris looked like tokushima. nhk world reports on how the dance crossed the ocean and why. >> reporter: the sounds of drums go through paris as dancers move to the music. >> translator: awesome! >> translator: i want to learn that dance. >> reporter: a frenchman organized the dance. arnaud admires the open nat

and this consensus relates one china. both the mainland china and taiwan belong to one china. if both leaders stress too much about one china, too much about taiwan is a part of china, then the backlash may become very big. >> reporter: professor matsuda says ma's priority is to establish his historical legacy in talks that could set the tone for future relations. >>> nhk world's naoki makita in beijing explains what the chinese government is hoping to get out of the meeting. >> china is trying to emphasize the communist party values peaceful dialogue. it wants to show the international community it's working to ease tensions in the region. at the same time, beijing is trying to avoid an impression that its relationship with taiwan is that of two separate countries. taiwan had asked china to hold summit talks on the sidelines of regional apex meetings in beijing but china rejected the suggestions. it shows the leadership didn't want a summit with taiwan at a major international conference. the two sides eventually agreed to meet during chinese president xi jinping's official v

step two is to make sure the platforms in china that sell products from china are performing well and selling high quality products from china into the u.s. consumer. emily: how do you convince u.s. customers to use your website and platforms instead of amazon or ebay? mike: our strategy is not about competing with amazon. small companies we have invested in our less about finding the investment opportunity that is going to be a future competitor with amazon and much more focused on starting to learn about the domestic market. in the u.s., our focus is on big brands and the small businesses that want to connect to the chinese platform, not on the u.s. consumer and developing a local business. emily: given your background at goldman, the stock has been on a roller coaster since the ipo. how do you explain the lack of investor confidence? michael: i do not see a lack of confidence. i see volatility. if you look at the volatility across the sector and many sectors in the markets, stocks go up and down over time and in relation to the short-term news cycle. i do not think there is any evi

>> not just china and singapore having a relationship for 25 years, it's very significant for china to cement some sort of relationship with taiwan, because president ma is the incumbent prime minister, bus taiwan is heading into a general election, and this communication is very important, perhaps mr. ma thig thinks is something that will be a vote winner in taiwan. suggesting that the antichina opposition are in the lead and if that is the case, the leader of the party at the moment is a woman and if she does win that election she will become the first female president of taiwan. but what you see is taiwan trying to cement some economic perhaps some business deals that might actually help it in the election. tut butt as far as the chinese are concerned they are not here to sign any particular economic agreement. it's all about trying to bolster the relationship and trying to ease the tensions that we've seen over the last 20 years. we of course have to remember that when taiwan ever wants to promote independence, call itself independent country we see quite aggressive stance from chi

china has great facilities there. --na's lack of relation work reclamation work -- present obama has said international law must be followed. --is rated at the highest a level by three of the major ratings agencies. cut.could be facing a paul, the, the route is really keeping the pressure on thbhp. paul: copper up, oil is down by 20%. commodity didbest our best--commodity. bhp e case of uncertainty, there is a potent mix related to their credit rating. credit rating is in line with a bbb rating rather than standard and poor has them at. what does this mean when it comes to bhp's dividend policy? it is progressive, is it in danger? paul: is controversy of. --controversial. --it is controversy of. it was stressed that bhp would not do anything that put its balance sheet at risk and they would not do anything until february when the earnings are announced. figure out what someone really meant to say, you look at the remarks and can conclude the aggressive dividend policy of bhp is under pressure. thatd: venezuela's warni

he says the sales in china remain strong. >> we have barriers around registering vehicles china has been a good wrote market. but what you find is the customers were really passionate about writing harley davidson will find a way. has seen significant growth in china in the last five years we hope that tenuous week and our view. >> this is the ceo jellybean the largest fast food chain in the philippines outselling mcdonald. >> we're looking at malaysia and the u.k.. we serve spaghetti. we serve spaghetti in our middle east market in the u.s. and vietnam. brunei hong kong for. >> we will have more from that meeting later on in the program. single of know some of the stories making headlines. more bodies were found by rescue teams. 12 people remain unaccounted for. at least 30 homes were buried in the mud. tensions rose after the u.s. did not investment within 12 miles of beijing. americans have ended the relations cordial. they said it lessen the chance of misunderstanding. has bannedommittee whilst for taking bribes. the president remains under investigation. the will and the death will

and china. the company reported a loss for the period after the impairment charge was accounted for. we'll be speaking to the ceo of carlsberg at 11:30 cet. a number of analyst notes this morning say this is a new sense of realism at carlsberg because they have a new management team. all the impairments that they have taken on the u.k., russia, china, and there was a lot of surprise over the amount of impairments taken over china. obviously the company was way too optimistic. we have known the company facing problems there for such a long time. that really isn't anything new but china news is a bit of a surprise. >> also, i think we still have that china question when it comes to the big mega merger. sab, ab inbev. now that we're die vesting the miller coors part of the equation, maybe that will get through the u.s. antitrust concerns but china with that tie up of ab inbev, sab controlling a big stake and big portion of the chinese markets. do they have to sell off brand there is? once you don't

have seen out of china? or is something larger happening ? >> it is really hard to see right now. i think we will get more evidence of what is going on in china. i think of the u.s. experience if you goguidance, back to 2008 or 2009, when we were making our investments in facebook, it is clear evidence that even in a crisis when the economy is not doing well, some of the tech companies can accelerate. it is easy to understand because many corporations and individuals are more thinking about saving. technology provides those saving opportunities. possible that we will see a similar pattern in china. in x you have a 7% stake aomi. isn't that one of the company's you see benefiting? >> yes. because they are producing high-quality, and expensive phones. i think the world will be a significant drive inside china and other markets to get high-quality thing, maybe half the price of more established brands. >> you also have investments in , e-commerceba platforms in china. as well as wish, and e-commerce platform in

a final thought on china. you are gloomy about 2016. you say china will be steady next year? alberto: the slow down next year will be managed. they need to readjust. reform is the number one priority. if the economy slows down, they can do a mini stimulus. , the satellite economies will suffer. tom: this has been fabulous. thank you so much. we have headlines from nato. they come out strong in support of turkey. border is highly volatile. it's sovereign. with us. bloomberg surveillance ♪ tom: global leaders converge in paris. global warming is the agenda. the reality is jihad, and turkey and russia are front and center. . price decline in commodities in this hour, carl weinberg. ,nd it will be dollar-euro yen-pound, as china joins the party. this is "bloomberg surveillance ," live from our european headquarters in london. i am tom keene. i have the pleasure of being here with francine lacqua. it is just such a busy week of international relations, but the gauze of this is commodities find a bid. onncine: and we have the ecb thursday. this is probably the big one. tom: it is

both taiwan and china. but the party that is meeting with xi jinping down in singapore is the clan of chiang kai-shek which represents the chinese who fled to the island n 1949 and it's strongly chinese. the indigenous taiwanese are supportive of this party. it's fearful of too close a connection to mainland china although diplomatically and financially they're getting closer and closer. you're not going to get a calculation of -- declaration of independence by taiwan because that is a red line for mainland china. john: will they use the meeting to try and intimidate taiwan? eleanor: i think the meeting is highly symbolic and it is china's attempt to bolster the party currently this control in taiwan that. party is likely to use in january and the opposition party is running on a campaign to declare taiwanese independence but they've been in power before and they dance around this everyone recognizes, they don't really want china to make good on its threats to invade if taiwan does declare independence and

the public of china in beijing was declared. they created their oun republic of china. the talks were a surprise to many. on the sidelines of a summit the president dismissed contact. talks would only happen if the taiwanese would benefit. >> reporter: if president ma it was also post presidency political life. if he sets himself up as a broker. >> they are flagging opinion polls. president xi spoke before the talks started. 66 years of develops. relations indicates that no matter how many wind and rain both have been through, no force can keep us apart. >> reporter: the meet, lasted less than an hour, this is what ma had to say. >> translation: both sides should stick to one china policy. we have to recognise that although there's one china, we have to agree. there are different interpretations. >> it was all smiles on seat. the upcoming presidential election in taiwan could see the anned china position taking power. >>> taiwan's main leader said she was disappointed. andrew thomas reports. >> these protesters did not want the summit to go ahead. the opposition party i

it is a reminder of the challenges china is facing. offset, not all of his china driven. some is weak china partners. china can i do much about what is happening in japan or the eurozone. on the import inside, a price impact. it reflects the following price for iron ore. , shows hower picture the factory and manufacturing sector in china continues to struggle. growth driver although china wants to boost consumption, boost innovation, those sectors are coming along nicely but not doing enough to fill the hole left by sluggish importers and manufacturers. how difficult it will be to breach of the 7% target this year. and 6.5% as they are talking about. manus: help me with this. at one juncture they tell us we are going for targeted stimulus packages. relief on auto purchases. relief in terms of the ability to buy more than one property. targeted,ou can yank, stimulus measures, but reserve requirement cut rate. the big, old, bold impact stimulus. where are we in this debate? enda curran: yeah, it can be a confusing picture. a balancing act between what they do not want to do

tonight on mosaic, china has a new slogan. narrator: introduced by chinese president xi jinping in 2012, the china dream is a pledge to rejuvenate the nation. prof. cheah: when i hear china dream, the first thing i think about: materialist consumption. ai weiwei: i think it's just a nightmare. narrator: is the china dream of security and economic prosperity for all chinese citizens or only for the well educated and fortunate enough to already be middle class? professor taz frazier: you know working class, working poor, rural chinese citizens are finding the chinese dream to be a myth. prof. stan rosen: it's being introduced at a time when you're trying to pull back everybody who is going off in their own 1.3 billion directions. narrator: tonight on mosaic, through the eyes of film makers around the globe we explore the china dream with intellectuals, overseas students in america, migrant workers in beijing, and an entrepreneur in africa. tonight on mosaic, the china dream. dean yam yeutong: national rejuvenation refers to thos

only the china economy is clean and transparent way. the china economy can be sustainable. i believe the next 515 months will be tough for china there is reasons. the anti-corruption has some effect. next 5, 10, 15 years for china economy should be good. will be good. >> setting the stage for growth. let me follow up on that. you mentioned it you mentioned it when you spoke to the local media. you've been saying chinese economy could face big problems in the next 5, 10 months. how big are we talking about? you are expecting a significant decline? >> i don't see there's a significant decline because the government realized, the business realized, all the people realized the situation we're having now i think 7% of growth of china is still reachable. even 5% or 6%, even a 5% or 6%, this economy is still big enough. i think the problem of china is we have to know it's not -- it's impossible to keep growth of 8%, 9% every year. the problem is how we can make better use of the money, the 5%, 6% in the right way, in the right area. in the right field. i think next year -- this ec

at restaurants in china grew an estimated 5% in china. established kfc restaurants rose 10% but overall results were hampered by a 9% drop at pizza hut. casters expected growth by 4% in china. china stock exchanges are as there is ang rebound in the equity gauge. they will be raised from 50% to 100% beginning november 23. the shanghai composite climbed 22%. china's national chemical corporations are trying to buy syngenta. they would mark the largest acquisition by a chinese company of the european target. they value syngenta at about $42 billion, but syngenta is saying no for now, citing regulatory risk. that is our bloomberg business flash. e, you have more on syngenta. francine: this is a great story. let's look at the share price moves -- this is two and a half months after it fended off a monsanto bid. where does that leave monsanto? if you are a player and you are still negotiating, do you want to go with china? quoted, so it is probably an all-cash offer. if you have been negotiating for a couple of years and you ask someone with a

and china over mentions of the disputes in the south china sea. nhk world reports from kuala lumpur. >> what is the issue and who objected is just going to fuel it amongst ourselves. we couldn't sign the jd because there was no consensus. it was a decision by asean. >> china's construction of artificial islands has caused alarm over its territory ambitions. the united states last week sent a warship close to an artificial island on what it called a freedom of navigation patrol. u.s. defense secretary ash carter and chang wanquan held a meeting on tuesday. china wanted to keep any mention of the south china sea out of the final declaration. the u.s. as well as japan backed the philippine's position that the topic must be included. asean is planning to create a single market of 600 million people and become a unified engine of the world economy. many countries want to resolve the potential maritime flash point close to its middle. so far, they have failed to agree on how. the philippines had a dispute with china over the spratly islands. the preside

i do china and united states of america hosting these to travel to china? >> guest: i do. it's artistic up with china juggling frequent. it's been an absolute essential part of my sense of the world and i'll be writing about it in the years ahead. >> host: alexander virginia please go ahead, good afternoon to osha's one become it's been while since i was in china and i was curious about chairman mao's estate. i know it's an odd question but i'm just wondering if that had been open? i did not history behind that. >> guest: a good question. there is a frequent hills park that you can go to to identify number of times. i don't know if i'd been to anything described as chairman mao's estate but frequent hills the survey open. it's a popular place to go. >> host: next up is working in carmichael california. >> caller: my question is who does the leadership of china answer to? meaning, i just doubtful that they really represent the people of china. i'm just wondering is there outside influence on the leadership of china quacks is the leadership of china chosen from outside influ

the two sides, syngenta and chem china, are still talking. syngenta is still keeping its options open and talking to other parties. let me show you the share price. it is spiking here, up as much as 11.3%. this is where we saw the shares spike and then drop again by about the same. about an 18% drop when the bid was withdrawn. this will be the biggest takeover of that european company by a chinese company. it is important for china because if the deal goes ahead, it will boost its position in the global agricultural industry just as a nation importing more food. they have a growing middle class and have more people to feed. back to you. manus: thank you very much. in crisis.ude we talk about the black gold. that is all ahead of the december opec meeting. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll cred

in china, you have to be where the government is to cover china. they moved it here, and this is aprivate company, but it is huge company now and it is kind of a national champion whether they want to be or not. they have come back to the capital to bring it from their base in the coastal region to a much higher profile event. also they are taking it to the headquarters, the home base of their chief rival. they are taking it to jd and bring it to beijing, getting higher profile, and at least on one day it paid off by beating the record in half the time. anna: and they have called on james bond as well, have a day? as though your presence was not enough. daniel craig is there. stephen, thank you very much. stephen engle at alibaba mission control. cpm london time -- emily chang will sit down with jack ma. don't miss that conversation. , the ceo to our guest of armstrong investment management, joining us now. great to have you here. we are looking at this single day in china. is this another illustration of how they are trying to re-orientate the eco

china no exception. the focus on resolving their macro economic disconnect reflected at the fifth plenum and a likely precursor of what to expect in the upcoming 13th five year plan." i think that is great. diana, telling about the 13th five-year plan. what will be the new normal for the leadership of the communist party? diana: the most important change as far as im'concerns is very fast by chinese standards financial market liberalization. already and likely to continue going forward over the next five years. the reason why i think this is so critical is because it's the absolute most important reforms that need to happen for china to rebalance its growth from investment to consumption, but also to allow the global economy to rebalance. wu writing on a weaker chinese yuan. is anow, diana, that massive move. then you see the equity markets re testing the confidence. it seems like the system is almost out of whack. and the only solution is going to be currency depreciation. diana: currency depreciation h

since 2011, they have made moves to expand out of china. we sat down with the vice president of global operations, hugo barra. emily chang asked for an update on business outside of china. >> we started with our global business two years ago. we added markets in singapore and malaysia and finally entered india and brazil. 2014 was just getting started for us. 2015 is the beginning of acceleration, particularly with india, 3 million phones sold in one year. it is really beginning to form a meaningful part of the business. i will not give you a specific breakdown yet. maybe next year. but it is meaningful enough that it really matters. emily: how much of the business is still smartphones? >> smartphones are the flagship product. but we have a very significant line in consumer electronics, particularly smart devices. it ranges from mobile accessories like powerbands, audio products, speakers. emily: of those devices, which are doing the best? which are getting the most traction? >> probably the most popular smart device is actually this one, o

he added that china must cease land reclamation in the south china sea, a position that was picked up by the philippine leader. >> that the freedom of navigation and overflight in the south china sea must be continuously upheld, consistent with international law. >> reporter: meanwhile, chinese president xi jinping is avoiding the south china sea issue at the apec talks. instead, he stressed the summit should focus on the regional economic integration and for the swift euroization of the comprehensive free trade zone in the asia-pacific known as the ftaap. this framework would include china, which is not a member of tpp. >> translator: we should never allow anything to disrupt the development of the asia-pacific region. differences should be resolved through dialogue. >> reporter: apec is a platform to discuss regional growth and trade, but territorial disputes in the region will likely creep into their talks. kunihiro yamamoto, nhk world, manila. >>> members of a u.s. congressional panel are taking a dim view of the security situation between washington and beijing. they say china's

the president of france is in china, the world's largest carbon emittinger. throahole there, i'm shiulie gh. you are watching al jazeera live from doha. powerful winds and heavy rain. >> european union, it is not union. >> record numbers of refugees arrive in europe. we hear from greece, plus. censorship in indonesia. members want to break the silence about the country's dark past but the government has other ideas. the french president is beefing up efforts to find global support for a comprehensive climate deal out of a major summit in paris. francois hollande is on a seven day trip to i china, aiming for a global deal to slow the rise in global temperatures. hollande has been looking for support from china the world's largest carbon emitter. rob tell us what has been announced. >> reporter: yes, he obviously comes to china look for that support. two days of meetings. a 21 point declaration being issued. broad goals for this paris deal when it is reached in a month's time from now. it is possibly a little short on detail but there is as we know four weeks t

taiwan's president has been friendly to china since he came to power in 2008. but his spokesman says there is no breakthrough expected at the meeting. >> translator: they will exchange views on issues such as promoting weighs across the straight and maintaining the status quo across the straight. there will be no deals signed and no joint announcement after the meeting, the president will return to taiwan on the same d day. didemonstrators worried about beijing's influence on the island say the president has let down the taiwanese people. >> reporter: this will be hugely historic for both mainland china and taiwan and a culmination of a process going on for several years now, especially under the stewart ship pushing for closer ties. we have seen those closer links in business terms in, communicationcommunications, tr, millions of people traveled between china and taiwan. we haven't seen the corresponding closeless in diplomatic terms that's far more fraught. it's hugely significant and adds a very interesting dimension to the presidential elections in taiwan i

. >>> the french president francis hollande heads to china to secure a deal ahead of china talks next month. next month. >> you're the first one on the scene. suicides, homicides, the roof is crushing into somebody's chest. >> what is the number one cause of death for police officers? >> suicide. >>> a reminder of the top stories here on al jazeera. supporters of turkey's ruling a.k. party are celebrating in the streets as results show the group regained its majority in the second election. >> bodies of refugees have been washing ashore after a shipwreck this week and 11 dry off sammos island. russian aviation officials sir their airliner broke up in the air. the country is in mourning >>> a big comeback in the turkish election. i'm joined by a specialist on turkey's affairs from chat am house. thank you for staying with us. we have a clear result. overwhelming indoorsments, single party endorsement. what will change in turkey. >> nothing will change. the country will continue to deteriorate. >> why do you say it will deteriorate if it takes a dip when it comes out of the elections. >

china, oil prices up 1.5%. in australia gold prices -- a modest bid for haven assets there sending shares higher, 2%. australian agriculture an earnings outlook there. i believe we're down for a fifth straight day here. taking losses i believe close to 40% now over the last five sessions. now let me just wrap things up in japan. sharp is going the opposite way of slater & gordon up for a fourth day of gains which i believe takes the gains roughly about 34%, 35% over the last four sessions. riso kyoiku planning a dividend when initially they weren't planning to pay out so that company is based out of tokyo. onami getting cut from goldman sachs. the outlook for the stock 3030 per share. >> one of our top stories one , who g kong's richest men says no to li ka-shing? >> it was a resounding no, mind you. just 50% of the investors voted for the plan. they needed at least 75% for the merger. they're calling it a merger though it is essentially a buy jouth. they needed 75% for it to go through. a $12.4 billion offer.