south china sea are expected to be a focus of the discussion. beijing's claim to the almost entire south china sea is shown on chinese maps with a nine-dash line that stretches deep into the maritime heart of southeast asia. it clashes with claims by some asean members including the philippines and vietnam. nhk world's bureau chief in kuala lumpur hideki yabu joins us now. hideki, the south china sea will be a topic of discussion, but in the wake of the paris attacks, counterterrorism will also be high on the agenda. >> yes. the paris attacks are a brutal reminder for southeast asian nations of a threat they also face. malaysia and indonesia are majority muslim nations, and more than 500 of their citizens are believed to have joined the islamic state militants. so countering the group's influence here is an urgent task. the group has made active efforts to recruit members from southeast asia. last year in july, they uploaded an online video in the indonesian language. last month, asean nations held their first ministerial talks to discuss ways to curb extremist ideologies. the philippine

: the summit will be the first since taiwan and mainland china split 66 years ago following the civil war. relations were hostile for a long time. but in 1993, the heads of the private liaison offices from both sides got together for the first time in singapore. the situation started to improve in 2008 with ma's election as president. there was a breakthrough last year when two sides held their first ministerial meeting in china. >> translator: we're going to meet in a place other than taiwan or china. this is an historic first for us. it shows that our relations have matured. >> reporter: ma describes his talks with xi has an historic milestone. he says the dialogue will be aimed at maintaining peace and stability, and it's unrelated to taiwan's upcoming presidential election. some regional experts disagree. they say the meeting has been timed with the january election firmly in mind. ma's ruling nationalist party is polling badly. >> president ma has tried to hold the summit meeting with president xi jinping for at least two years. and the mainland china has rejected president ma's

years of tension aside in place to cooperate on economics and security. china prepares to roll out its first single aisle passenger jet. stability.land of india's junior finance minister says the rupee can weather the storm of global volatility. a special conversation with bloomberg's editor-in-chief. november not quite starting where october left off after the gain on the asia-pacific index last month. regional index down around 1%. since then, it has been hurt by a plunge in exports in falling oil prices. we have seen a emerging-market currencies rise today. looking at the shanghai composite, pretty flat at the moment. the latest pmi reading out of china showing some stabilization. an eighth consecutive month of contraction but it went better than economists forecasted. >> they took over from hsbc given the secondary manufacturing pmi. this one is mostly private-sector manufacturers, smaller than the official pmi that was out yesterday. contraction, let's not try to confuse the fact here. 47.6.rvey was for but, it was better than expected. some economists are saying perhaps we have s

around happy. china is testing the proposition that might makes right. could it also set off a war? a new line in the water. it's the inside story. ♪ >> welcome to "inside story," i'm ray suarez. china has been taking specks of rocks and reefs in the south china sea and building them up into the waters. they build runways and docks and plants its mrflag. what is open ocean? what is an international waterway, and what is territorial water? china is rewriting world maps and demanding that its neighbors and powers like the united states recognize its claims. we'll begin our look at new lines in the water with patricia sabga. >> reporter: satellite photos of china gaining ground. island building to cement its claim over disputed territories in the south china sea, washington has challenged the muscle flexing its muscles by sending a vessel into the waters. >> we have said and we are acting on the basis of saying we will lie, and sale wherever it admits. >> translator: the actions of the u.s. warship threatens china's sovereignty and security interests, and danger the personnel and se

♪ betty: welcome to the bloomberg tv special, "china: behind the wall." in a rare glimpse inside china's halls of power i travel to , beijing to visit china's historic statehouse. there, i spoke with one of the country's highest ranking officials. a former ambassador to the united states, a leader in the powerful state council, and china's top negotiator on foreign policy. we talked about the most pressing issues between the two countries, from cyber spying to the most recent market turmoil. but first, we begin on chinese president xi jingping's visit to the united states. this is happening a few weeks away from xi jinping's visit. what does he hope to accomplish in the u.s.? yang: i think a lot can be accomplished. i believe the following three areas are very important. first, it is for the two leaders to have in-depth discussions following the discussion in california and in beijing about the international situation, about our respective country's policies. and about the future of our cooperation, particularly to chart a way forward. furthering our relationships. we expect that

after 60 years o60 years of mistrust,s of china and taiwan. >> hello i'm jane dutton. russia suspends all flights to egypt, after black box clues a violent explosion caused the plane crash. >>> an environmentalist celebrate as president obama says no to the keystone xp pipeline from canada. two men and a historic handshake. the greeting between chinese president xi jinping and tie taiwan's leader ma ying jo, a sign of how difficulty this relationshidifficult thisrelatih other mr.. sahil raman has the latest. >> it's taken over seven decades for the leaders of these two political groups to finally sit together under one roof. the handshake between president xi and presidential ma, a chapter in a very long walk that has seen fraught relationship between the mainland and this island nation. what that means to those in china and in taiwan will be interpreted in the coming days and weeks but certainly for the moment it couldn't have come at a better time for president ma of taiwan. he will soon be heading to national polls not only for the presidency but in the legislative poll. i

narrator: mosaic, understanding through diverse voices around the world. 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 rejuvenat

sense it will be one of the defining issues over the next few years for china. thank you. >> i went to china for the first time last year. end with death huge apartment buildings many of which are fully finished but standing empty. what is happening? why does this keep going on? why is there a collapse that we bankrupt? >> those coast cities are a phenomenon they were acute three or four years ago with with the combination of policy and then to incentivize people. en today one of the things that we all wonder that the economy but in some places those empty buildings are full. so it was the timing issue. >> the you have taught me more about china and then i know. [laughter] it seems and is the exciting part. but to be that political censorship. i wonder what is your input of what you wear to go or widened to know. >> that is a great question. how does change happen? people's lives are becoming larger and more diverse and it is up to the system and how to accommodate. among the of leadership to remain in the position they will now how to adapt. i am afraid we're out of time. thank you fo

minutes into the session for china and manila. first pointing out it is a sea of red. inflation was up by china which will be fleshed out in a moment. we have data coming out of japan. still in surplus, but a little more narrow than expected by $5.5 billion. the macro story in japan is you have the weak japanese yen. that is doing more to offset the outflows of foreign currency to buy cheap oil. we are down about 7/10 of 1%. the biggest decline -- not a single one, last i checked. bottom three, we don't have it on the way up. shares declining in hong kong. usually, that is what we see in terms of earnings. shares under pressure. kasido shares, consumer services, the chinese bank, insurers and the tech names here. let's get it fleshed out for you. down 1.5%. fx markets, nothing really noted. it is pretty flat. it is close to a sevent -month high which indicate something might happen in december. 70% chance. back to you. rishaad: looking at the inflations, beijing had recent news 30 minutes ago. the health of this huge economy. zeb: these are trouble sometimes. but the indicators rath

party won sunday's historic general election. >>> the first meeting between the leaders of china and taiwan in nearly 70 years has made history. we ask about the impacts of the summit. >>> and how a small headset can help a bedridden 90-year-old lady keep in touch with her loved ones. >>> voters in myanmar are eagerly awaiting the rults of sunday's landmark general election, the first since 2011. opposition leader ahn san suu kyi appears confident of victory. >> translator: at the moment, the official results from the ballot count are not out yet, but i think you all have the idea of the results. >> she called on her supporters not to provoke defeated rival candidates. election officials have started announcing the results, but progress is very slow. aung san suu kyi's national league for democracy or nld has won in the first 12 constituencies for which results have been revealed. nld party members have put forward their own projections based on reports from observers at vote-counting stations. >> translator: our party has won over 70% of seats nationwide. i believe we have secured t

china >>> egypt says the reason for the crash has not been shared with cairo >>> kashmir's prime minister visits with a multibillion aid package, plus.... >> i'm stronger and more determined. no more street harassment. i feel i can save the world. >>> and we hear the remarkable store of a blind karate competitor hoping to beat palestine >>> taiwan reaffirmed its commitment not to seek independence from jchina. chinese leader xi jinping and taiwan's president ma ying-jeau. the meeting has been called a symbolic moment of reconciliation. >> translation: today is an extraordinary day. the leaders of taiwan met a gathered. this historic moment will open a new chapter, leaving a mark history. >> translation: both sides speak to one china policy. we have to recognise that although there's one china, we have to agree. no independence will be seen from taiwan. it is not allowed by the constitution. before the meeting, xi jinping made comment about the china sea, impacting on taiwan, did we learn about what is likely to happen there. >> he made the comments before arriving at the 5-star h

singapore hotel named the shangri-la, the leaders of china and taiwan will meet this weekend for the first time in 66 years. when the two nations split, it was late 1949. mao tse-tungs communists defeated a nationalist army, forcing that army to take refuge in taiwan. well, time heals all wounds. today, chinas president xi jinping and taiwans president ma ying-jeou have become friends. but even if their meeting goes well at the shangri-la and analysts expect it will things could later derail. here's why. is popularesident ma with china, but taiwan will hold a presidential election in january and polls suggest the less-friendly-to-china opposition candidate, tsai ing-wen, will win. in turn, analysts fear relations between china and taiwan may deteriorate, perhaps even leading to conflict. china has long warned it might use force if politically taiwan moves too far away from mainland china. and that's where the united states comes in, because we are committed to the defense not of mainland china but of taiwan. question, is a new crisis brewing in the taiwan strait? pat: first, we're not comm

macy's and amazon. another big retailer over in china, alibaba. it's broken its own sales record for singles day. it exceeded last year's 24 hour total of $9.3 billion in half the time, sales at 13.3 billion dollars for their big 11/11 promotion. eunice yune is live in beijing with jack ma. take it away. >> thanks. the chinese consumer today greeting each other with the question, did you buy? the transactions are just amazing. massive, massive numbers. as you had said, the chinese post office expecting 760 million parcels to be shipped out today. alibaba alone has already seen over 430 million transactions on its sites. i don't know if you can see the board behind me, it's $13 billion in sales. that's already a record. of course the man who has done it all is here with me now, jack ma. the executive chairman. congratulations on singles day. >> thank you. >> big question, what do you think the numbers from singles day are telling us about future growth for alibaba? >> yeah. i think it's -- i would not say it symbolizes the future growth of alibaba, but definitely symbolizes the future

company based out of session one, china. it had already had a warning. essentially, what it is, they are negotiating, to restructure 182 million u.s. dollars, and that note, i believe, is due tomorrow. toy have already talked their bank to allow a delay of the repayment or some interest. shares are down. these levels. i will leave it there. back to you, rish. this vw diesel scandal is expanding, with the luxury brands, and they environmental protection agency in the u.s. is saying that some kerry emissions cheating software. carrie -- carry emissions cheating software. it does draw in the porsche and audi names, and there was the man promoted to deal with the scandal, and vw is now saying that the epa is alleging that a software function in some engines had not the adequately described in process. now, vw, of course, is denying it. they say no software has been installed in those engines to thate emission results in way. whether or not the latest allegations are true, there is the reputation in the u.s. at the time when other carmakers are doing pretty well in that market. niss

prime minister resigns. over a deadly -- following protest is over a deadly nightclub fire. china and taiwan meeting. >>> canada's new prime minister. we taking a look at what canada and the world can expect. >>> at least 41 people have died in south saw doon after a cargo plane crashed short lay after taking off from the main or order in june actual a spokesman for the president says the fatalities including are include people on the ground where the plane crash the let's get more from heber morgan in june a i know detail are still coming in. tell us about the number of fatalities first, that's still being investigated, what are you hearing? >> reporter: well, so far airline officials have confirmed there are 41 bodies they have discovered and they are expect to go find more body as the day goes on. there is the first time something like this has happened in juba and it's raining and making it hard to look for more bodies. >> tell us more about the place where the plane crashed and also whether we have more details about the plane itself. >> reporter: well, it was being flown by

. >>> china's state run news agency reports 460 million orders for door to door delivery services up 65% from 2014. and it is expected to give a big boost to the economy. the chinese government wants to increase personal income and urge the company to one led by personal consumption. sales have been increasing but some remain cautious about china's consumption outlook as the economic slow down becomes clear. >>> let's get a check on markets. a slow start to trading due to profit taking on recent rallies. currently trading lower by 0.3% at 19,631. energy sector shares are weighing on the index following lower crude oil price. currencies, sluggish trading keeping the dollar in a narrow range. but traders could become more active later as several federal reserve policy makers speak today. analysts say any comment about an interest rate hike could boost the dollar further. the dollar/yen pair at 122.78-81. the euro recovered from a 6.5 month low. the single currency against the dollar now trading at $1.07. let's take a look at other markets across the asia-pacific region. sydney shares down

online in singapore and beijing, here is a look at what we are watching. china's challenges. expectations of more government intervention. exports fall again, leaving another record trade surplus. strugglinga to survive, still down about 40% this month alone. has jumbo found the recipe for success? let us know what you think of our top stories. follow us on twitter. that's my handle. find out what is happening with stocks starting out the week in a positive note, although there has been a switch out of some of these minors, hasn't there been, juliet? juliet: we are seeing share 200, down byasx 1.1%. ,e are seeing big falls particularly from the index leader. the terrible disaster in brazil waiting on its success. about .5%.down by the region is getting a boost from japan after the strong session on friday. the nikkei 225, earnings really impressing the market. gains in taiwan, which has just come online. a little bit of a little bit of the switch out of the malaysian sharemarket on the open, and we are seeing good gains in new zealand, up by 2/10 of 1%. this is the picture o

the challenging it's still facing in russia and also in china. >> a $10 billion day. china's single day shopping frenzy helps alibaba soar past last year's record. we hear from jack ma on squawk on the street. vivendi shares are slumping after the media company swings to a net loss in the third quarter. >> mark carney is due to speak at the forum here in london. he'll be focused on financial market regulation but mario draghi will also be taking the stage today. we'll bring you live coverage of that speech at 14:15 cet. don't miss it. >> very busy today. let's talk about m&a activity. ab inbev finalized it's stakeover of sab miller in a deal worth around $108 billion. they paid 44 pounds in cash for existing sab miller shares and in order for the deal to past u.s. antitrust hurdles sab miller is selling it's stake in miller coors and it is being acquired for $12 billion. so the ab inbev sab miller tie up expected to complete in the 2nd half of 2016. >> now investors are cheering a restructuring plan sends shares in the danish brew giant to the top of the stoxx 600. organic operating

. clean, affordable energy. do follow me on twitter. china-hong kong markets getting underway. singapore is starting up their trading week. it is a busy one. here is haidi. no rest for the wicked as they close in on the last month of trading for the year. let's look at how we are sitting at the head of a busy week very a dire look at the markets here in asia. meeting -- further easing, more cuts to the deposit rates to 70. the payroll data is coming out. the policy review, liftoff is expected. let's take a look at the markets. stocks are popping up by 4/10 of 1%. the region, extending last week's selloff on the back of those chinese jitters. take a look at the china market. we are expecting brokerages making headlines of the weekend. we have more details on what is driving those brokerages down. all three of the brokerages are trading and shortselling. regulators are very sensitive about these aspects of the business having driven in part that $5 trillion stockmarket selloff and the run-up before that. trading limits are down. the chairman has been missing and that stock is in

. event itself, the meaning of it is getting such great excitement in china. emily: you said you wanted it to be a global holiday. what is the timeline for that? jack: everything we do, we have a 10 year plan. 2004 -- we judge how much we should do, what we should do to realize our dream. our plan is that in 10 years, we will reach 50% of the revenues. emily: you and i last spoke about ipo day and it has been a bit of a roller coaster for the stock. now it is barely above its ipo price. how do you explain this love-hate relationship investors have with alibaba? jack: they love me, they hate me, but we love them. right? you cannot stop people hating you. care of the stock price in our way. we have to take care of the results, the customers. because people do not like china's economy, they hate us. people will understand because we're a company. we have 86 years to go to prove ourselves. emily: the chinese economy faces a bumpy ride. many internet companies will fail. what are you most concerned about? economy is good. we grew when china's economy was bad. internet wased the going

forging together china,and this is the -- japan, south korea, australia, and new zealand. a kind of competes with the u.s. transpacific partnership. angie: thanks for that, rosalind chin. let's check other headlines. the san francisco fed happens -- fed president has reinforced the view that there will be a rate hike next month. on williams sees a quote, a strong pace for december left off. also the importance of the fed not being locked into a stringent path of rate increases, following the initial move. speculation growing that japan is preparing to widen its stimulus program. the newspaper says the plan will include raising the minimum wage, more support for low income pensioners, and moved to reduce costs for energy efficiency -- efficient homes. prime minister shinzo abe a laid out three new themes in september, a strong economy, childcare support, and social security. saudi arabia and stocks rose to the highest. the oil minister said opec is working to stabilize the market. assets fell to a three-year low in september. the country produced more than 10 million barrels of oil o

>>> after 66 years of mistrust, an historic handshake from the leaders of china and taiwan. jute >>> hello, you're watching al jazeera. also - egypt says foreign intelligence on what may have caused the russian airline to crash has not been shared with cairo. >> india's prime minister narendra modi visits indian-administered kashmir with the promise of help >>> we head to gaza to hear the story of a blind karate competitor hoping to represent palestine. >>> taiwan reaffirmed its commitment not to seek independence from china. chinese president xi jinping and taiwan's leader ma ying-jeau. shook hands. the first meeting has been called a symbolic moment of reconciliation. >> translation: today is an extraordinary day. the leaders of taiwan and china have met and gathered. this historic moment will open a new chapter, leaving a mark history. >> translation: both sides should stick to one china policy. we have to recognise that although there's one china, we have to agree. no independence will be seen from taiwan. it is not allowed by the constitution. . >> we go to singapore, where

-month highs, concerns once again about the slowdown in china. you will be hearing from evil a man in hong kong. and investigations into brokerages -- down goes the ftse , and we expect an overall down day across europe. we are also concerned about where metals are heading today -- that will affect oil majors. central banks -- what will the ecb do next week? what will the federal reserve do mid-december? could we see the end of stimulus in the united states? also, you talked about that slump in the euro versus the yen -- seven weeks of decline, the longest stretch of declines we have seen since the start of the euro -- 1999. it is basically flat but let's look at this over the course of the week. we are off by half a percentage point and over the past 30 days we are down some 2.3%. , the rabbitt bit has come out of the hat for the ecb. december 3 is when that meeting is -- and oil is coming low over the past 30 days -- coming off that rally. there is some optimism about the political side of the equation and some agreement is being forged between france and russia, meaning oil is comi

territory in the south china sea at the meeting of defence ministers. >> russia insists that it's not in syria to keep president bashar al-assad in power. and innovates opposition politicians for talks. >> and from clicks to bricks. online retailer amazon opens a high speed bookshop >>> the president said of taiwan and china will meet for the first time ever, the meeting will take place in singapore. divisions between the two nations go back to 1949, when china's nationalist fled to taiwan after being tweeted by the communists in the still war. >> china considers taiwan as parts of its territory, aiming to unit the two nations. >> this will be hugely historic phone mainland taiwan, and the coull mination of a progress going on for several years. especially under the stewardship, who has been pushing for closer tieses. we have seen the closer links in business, communication and transport. millions of tourists travelling back and forth between thailand and mainland china. we have not seen a corresponding closeness in diplomatic terms, that is more fraught. this is hugely significant and a

years. >>> 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 electio

history of blocking key decisions. members,mprises of 134 including china. are nationally determined contributions and long-term goals. after the collapse of the eover, these were requested and are expected to form the basis of the agreement. to let the acronyms fool you. these are the most important for the whole operation. these permanent subsidiary out the key issues before reporting back to the government bodies. even when it comes to saving the planet, the devil is in the details. manus: the devil will be in the details and the acronyms. let's go to caroline hyde to see if she has learned them all. she is alongside 140 plus world leaders. barack obama has spoken. caroline, what has he said? what is the american position? this was a huge level of expectation, but nothing was delivered. caroline: and remember, back in 2009, the united states was still the world's biggest polluter. but now it is china, and already we had a sideline meeting and xi jingping obama, already meeting on the sidelines and putting words out to the press, saying that the leadership in china is vi

excitement in china. emily: you want this to be a global holiday. you want 50% of revenue to come from international. what is the timeline for that, when did that happen? we do we have a 10-year plan, from the first day. 2003, wetarted in said, we will judge what we should do to realize our dream in 10 years. years, wen is, in 10 will reach 50% of the revenues and the money and the sales from outside china. emily: you and i last spoke on ipo day. it has been a bit of a roller coaster ride for the stock. now just above its ipo price. how can you explain this love-hate relationship that investors have with alibaba? jack: they love me, they hate me, but we love them. you cannot stop people from hating you. we know we cannot take care of the stock price. we have to take care of the results, the customers, the performance. because people do not like the chinese economy, they hate us. if they do not like this, they hate us. we hope people will understand. we are a company going for a couple of years. we have 86 years to go to prove ourselves. you said today the chinese economy faces a b

way to a bigger crisis, and sell ourselves to china. people will start waking up to this. more and more are starting to sound the alarm. >> just one point. republican mishandle that issue about bailout, they have to tell american people we'll never do bailouts again, i garcetti anti-- guarantee, hillary will come out of republicans as bailout party. >> she did sign on to them. >> breaking news, involving hillary clinton. fbi expanding hillary clinton e-mail probe, looking at possible violation, wait for it watch this, about fall statements right now, a possible cover-up, that is what fbi is investigating. we'll discuss that when we come back. o be all in. it's not about yappin'. it's not about talking. it's about doing. i know how to do this because i was privileged to serve in florida for eight years. and we turned the systems upside down that weren't working. 1.3 million new jobs were created. we cut taxes every year. income rose in people's pockets. i just had a horrible nightmare. my company's entire network went down, and i was home in bed, unaware. but that would never happen

meeting? well as you say, an historic meeting, not just for the hosts, but china and taiwan as the primary countries of what has been a fractious relationship. there was a scheduled visit by the chinese president. singapore a country seen as a neutral arbiter doing business for china. perhaps it was singapore that invited the leader of taiwan to come here for those talks. this is how the day unfolded. >> security was tight. the government taking no chances for the leaders of china and taiwan. the president xi jinping was the first to arrive, then taiwan's leader ma ying je as u. if any doubted the meeting that are still here. when this meeting was announced less than 36 hours ago, what singapore experienced was a dell usual of journalists, 500 journalists and camera men here, many from the asian pacific region. the features in a roundtable session that you saw, or will >> reporter: the meeting between the leaders of china and taiwan picks up a relationship virtually on hold since the time of their founding predecessors. in 1949 after a bloody war, mao tse tung and his communists de

for camps is china's economic transition is limited. the idea is money pricing is down about 15% from its peak. the chinese market for raw materials continues to slow. stop call disconnect about a year after china allowed to get in the hong kong chairs it seems to be remy does waning. its biggest monthly rally in six years but then purchases of hong kong stock the of the shanghai stock connect have tumbled almost 90%. chinese company listed in hong kong are now trading in teen percent discount. so these three markets and investors are some different than a comfortable's engagement. he went further to say they do not see eye to eye. buying interest or mainland it esters from as a near completion for the stock connect or graham to be expanded between hong kong and action jim. >> coming up later designs on asia. china.most time for were next. ♪ announcer: >> impending rate >> i think there will be [indiscernible] >> let's talk about the country whicheighbors with china works on some occasions and doesn't work on some occasions. >> is increasingly important in the philippines to d

china over the weekend offers the government little encouragement and ramps up pressure for more intervention. imports and exports fell, leaving another record trade circle. tell us, what's going on. >> this is been worsening of the past two months. china's slowdown. missed was the biggest expectation. let's look at where we are sitting. chineset 97 decline for exports. that is worse than expected. it continues that trajectory of the slowdown. not as bad as july, but certainly not the improvement we were expecting, particularly from the holiday-related numbers. this does lift the case for more pboc easing, but we have had six rate cuts over the past year. that has done little to help the exports sector. a good thing for some of these companies, but it doesn't do much to help export demand. this is on -- this is a global issue as opposed to a china issue. taking a look at the numbers for the first 10 months, japanese exports to japan, fell 10%. 12%.kong off the reaction on the australian markets we are expecting, exports down by over 25% over the first 10 months out of, from austr

. $4500.r is at nicholas at a 12 year low. given some of the cuts when it comes to china. we are higher by most metrics. that really comes down to the growth. back to you. rishad: hardly surprised to see the, these are weak. venezuela says that it could go down a lot more. then,-- what is really the deciding factor when it comes to oil today? ben: you seen it across the board. commodities are down. that is largely because of the dollar. the dollar is driving. and otherng oil commodity prices more expensive. it is less attractive to investors. that is essentially, we saw some comments over the weekend. about the fed and the possible rate hike. the dollar goes up. rishad: the opec meeting is a bit of a dilemma. they are going to discuss production ceilings. they will also discuss their whole strategy. it is not unusual for companies or countries like venezuela to come out for a meeting like this. they are feeling the pain. rishad: and certainly a stall out. ben: there are companies like nigeria who have made comments act tow opec needs to stabilize prices. they have said they want

president says he intends to remain tainted the status quo with china. the first ever meeting between leaders of taiwan and china. they say it will set a precedent for future meetings. meeting, president xi jinping is in vietnam. the first visit and more than a decade. ofcomes against the backdrop relations strained by maritime disputes in the south china sea. john, what is the significance of this visit right now? 's visitdent xi jinping comes at a time when relations are at an extreme low. clashing claims and competing claims for territory, fishing grounds, drilling rights in the south china sea have escalated dramatically in the last two years. china placed an oil rig off the announce coast, which triggered violent clashes between the attorneys -- vietnamese boats and chinese boats. been violent anti-china riots in vietnam. the at concerned with china's efforts to reclaim reefs in the southsign a that in that china sea, creating artificial islands. rishaad: these countries have a having comeontext, to blows in the past. >> yes, they have. iny had a brief border war 1979. in in 1974

you. rishaad: we get a look at china's corruption hunters, they have turned their focus to the city of shanghai. they have netted the most important tiger yet from that city. the director of the free trade zone is under investigation, the second official to be questioned in less than a year. we are looking at this developing story. they did promise to track down tigers and flies. wonder howou have to many senior officials are left that have not been touched by this purge. one, the critical economic development zone was one of the prized projects of the central government, it was meant to be the pilot pad. rishaad: it started with a lot of pizzazz but it fizzled away. guest: exactly, i think there was a recent survey that said not a lot of these policies have been implemented or taken up by the companies involved or within the zone. that aside, he was in charge of it,. andas a lot of enthusiasm support from the operation lines of the party for everything he had done to push for the project. he also wore the hat of the vice mayor of shanghai for economic development. in that role, he

emissions come from developing countries. >> reporter: china, india and other developing nations that avoided reduction targets under kyoto are now emitting almost the same levels of greenhouse gases as industrialized countries. the goal of a new framework is to compel both industrialized and developing nations to take action. yamagishi has participated in the conferences for many years as a member of a nongovernmental organization. he says it's essential to get all parties on board. >> what is fair, the perception about what is fair and what is equitable is very subjective. there's going to be no magic formula or silver bullet to create a perfect differentiation. everybody has to accept some kind of uncomfortableness about the deal. >> yamagishi also says more and more nations are serious about conducting climate change. >> we have to make an agreement, and when they do so, the delegates have to remind themselves about the fact that this not just about national interest. it is also about interest of those vulnerable species and people on the planet. if we cannot agree, achieve the ag

gary marcuse on how cultural traditions intersect with economic growth in cambodia and china. coming up on "earth focus." kalyanee: as an immigrant, as a refugee, you know, from cambodia, my family and i, you know, fled cambodia when i was four years old. and what i realized was what happening in areng valley was that the people were also being threatened by the same kind of displacement and uprootedness. and what i've seen with the chong people is that they live a very beautiful life, completely connected to nature, and i was inspired to make this film to help people understand, you know, how important that connection is. [baby fusses] kalyanee: so the chong people have been living in areng valley, you know, for over 600 years. and we went back to cambodia to film and i discovered, you know, two of the most amazing people i've ever met in my life. and what i discovered was that they are probably one of the most rooted and grounded people i've ever met, and the reason is because of their connection to the land. you know, they feel so grateful for nature because everything they have come

slowdown in china sparks declines across asia and europe. >> investors cheer the first dividend from commerzbank amid cheers that the ceo will step down. >> hsbc has trades in the red. >> turkoglu hitch lira strikes after the ruling aka party strikes an outright majority in eye lekss. hailed by the president as a vote for the country's stability. >>> okay. let's quickly check on some breaking news. we have pmi data coming from europe coming off some disappointments from china's official numbers. better than expected. looking at the eurozone september manufacturing pmi read above the boom/bust line of 50. we are expanding, not contracting, at a rate of 52. that is the read for the month of september. when it comes to the eurozone, october may have a pmi forecast holding steady at 52. not deteriorating or getting any better. >> indeed, susan. the individual countries coming out over the last half an hour or so. here's the breakdown of the pmis we've got spain at 51.3. and that was first out of the gate earlier. the first reading since december 2013. italy showing some growth, 54.1. fra

singapore. at a swampgy sing more poe tell -- swanky singapore hotel, the leaders of china and taiwan will meet this weekend for the first time in 66 years. when the two nations split, it was late 1949. communists had defeated a nationalist army forcing that army to take refuge in taiwan. well, time heals all wounds. today china's president and taiwan's president have become friends. but even if their meeting goes well at the sangry la things could later derail. taiwan's president is popular with china but taiwan will hold a presidential election in january and polls suggest the less friendly to china opposition candidate will win. in turn, analysts fear relations between china and taiwan may deteriorate. perhaps even leading to conflict. china has long warned it might use force if politically taiwan moves too far away from mainland china. that's where the united states committed to the defense not of mainland china but of taiwan. question, is a new crisis brewing in the taiwan strait, pat? >> we're not committed to go to war on behalf of taiwan. the treaty was abrogated in 1979 by ji

politics. is the author of "age of ambition: chasing fortune, truth and faith in the new china." and that wonderful work when the 2014 national book award. it is the fruit of his eight years of living and working in beijing. in the book he traces the rise of the individual in china at a clash between aspiration and authoritarianism. a colleague of mine at the "washington post" wrote a wonderful review of the book in which he had this to say. quote, in the pages of "the new yorker," evan osnos has portrayed, explain and poked fun at this new china better than any other writer from the west or the east. in the "age of ambition" he takes his reporting a step further, illuminating what he calls china's gilded age, his appetite, challenges and dilemmas in a way few have done. turn one is to contribute to this american life on public radio and frontline pbs series. before moving to "the new yorker" he was a beijing bureau chief for the "chicago tribune" where he contributed to a series that won the 2008 pulitzer prize for investigative reporting. he's received the prize for excellence in j