that in nearly all of the g20 countries, the world's largest economies, from brazil to china, if people there could vote in an american election, they would vote for hillary clinton. there was just one exception to that. russia. according to the survey, people here would vote for donald trump. [all speaking russian] val: for this election, what matters most in the middle east is the battle against isis, the war in syria, and the flood of refugees they have created. in the u.s., d donald trumump's ste on n muslim immigrants is controversial. but how does it play in the middle east? saudi broadcaster rotana halijiyah played a famous video clip. trump: donald j. trump is calling for a total and complete shutdown of muslims entering the united states. val: the program focused on the effects of anti-muslim rhetoric on the 70,000 saudi students in the u.s. translator: there are many states where pepeople completely disapprove of trump'ss statements. thehe americans themselves understand that these kinds of statements present a danger to america and its politics. val: but their comments

anchor one: samsung responds to critics. they expect a list from donald trump and china. t's all down with the yen now. anchor 2: look at the dollar index which is, as heidi is saying, down a fraction at the moment, giving up some of the earlier losses, pairing those losses as it were. et's get to the trading day. reporter: we expected to see a little bit of decline coming through in japanese equities, however it is worth noting around this time yesterday we were seeing japanese equities in the red and they still managed to close higher. at the moment the yen strength pushing the nikkei down by .2%. there's been a little bit coming through in the kospi index. this is on reports that they have been oversold recently but also as we saw in china increase the parity today we actually saw that rise in the yuan six. so we are see manager support coming through for some of those korean cosmetic companies which many chinese mainland buyers buy into it. looking at the hang seng, it is flat there. we are still seeing a sthrong rally coming through from casino players. remember mgm china an

holdings from china and latin america. both would be seen as political n moderates. the treasury secretary is a cabinet position requiring senate confirmation. i say it is probably the most powerful financial position second to the fed chief. the fed chairman is the most powerful position in the world. this is someone who will work separately, but closely with the fed. >>> it will be interesting to see how trump addresses the fed. one photo op with a possible cabinet pick is revealing. trump posing with kris kobach. he is under consideration to head a department. how do we know for sure? photos he is holding show his strategic plan. they detail the entry of potential terrorist entry. some are vetting illegal aliens and ending all immigration of syrian refugees. >>> and florida governor rick scott will not join the administration. he said he already has a great job and wants to spend the next two years getting things done for his state. he called the meeting with trump friendly. >>> and the trump transition ste team is responding to the celebration by the alt-right. members gathered last we

china punish companies like apple and boeing if donald trump follows through on some of his campaign promises? >> bond market rout. prices fall. and fresh money pushes the dow to yet another record. what's next for your fixed income portfolio? >>> bitter fight. why tensions are rising in north dakota over a major pipeline project. those stories and more tonight on "nightly business report" for monday, november 14th. >>> good evening, everyone, and welcome. the dow sets yet another record, but we begin tonight with china's warning shot. the world's second largest economy said president-elect donald trump would be naive to launch an all-out trade war against china. an op-ed in the chinese-backed newspaper, "the global times" said any new tariffs would trigger immediate counter measures from beijing. this comes in response to donald trump repeatedly saying on the campaign trail that the u.s. would punish beijing with high import tariffs in response to what he considers unfair trade practices. he also wants to brand china a currency manipulator. the stakes, of course, could not be higher

will be right back. stay with us. ♪ ♪ charlie: neil shen, one of china's most successful investors. in 2005 he founded sequoia capital china, its portfolio including some of the country's major backed companies. -- venture backed companies. the firm has been instrumental in bringing american companies to the chinese market, including linkedin, airbnb. last week zto expressed interest -- express the sequoia backed deal, the largest you are offering since 2016. i am pleased to have him at this table for the first time. welcome. it is good to have you here. tell me where you think the chinese economy is at this moment. neil: if you look at last 10 years, gdp growth has come down. but i only say, the quality of the growth has improved. if you are looking at the consumer economy, their weight in all the gdp has moved up. it continues to do so. the last year or so, you are hearing very strong policy toward the supply-side reform. clearly the government is trying to push for the consumer economy taking more weight over the service industry. and the service industry can respond to more weight.

manufactured here. what is your take? alex: on the one hand, manufacturing costs in china are infinitely cheaper. 10 times cheaper per hour. if there was manufacturing itself coming back, automation is so much better than it was in the days of your. per hour.sts $.75 in the past when there were repacked ration breaks, all that happened was it paid for share buybacks and increased dividends. emily: investors benefit, not jobs. alex: more likely to be the case. emily: thank you for stopping by. the hewlett-packard brand is focusing -- is a faster growing i.t. unit. scarlet fu looked at the details behind the financial performance. they report quarterly earnings after the closing bell. the business is split into two separate companies. enterprise.s hp let's take a look at hp's revenue breakdown. it's enterprise group which includes servers, storage and networking makeup 50%. is 37%, thegment purple. when it comes to the bottom line, hewlett-packard into price is cutting costs and restructuring to increase earnings growth. does face macro economic challenges and tighter corporate budgets and

james fallow a new back called china great leap backward. >> in the 45 years since china is opening under chairman mao and richard nixon thieves constant revolution with the rest of the world and any intervul you could look back five years and say certainly it's freer now than five years auto and much more than ten years ago. in the past five year that's changed. china is much more controlled than five years ago, it's much more difficult for international businesses to do business there. so the question is, has the trend really changed and if so, does the united states need to change its approach. >> rose: and we conclude with mar grow price. her new al gore is mid west farmer's daughter. >> when i set out to write this album i had given up trying to write pop songs or rock and roll songs or whatever i had been doing on the last four album. i wasn't worried about if the hook was good enough or if it was melodically catchy enough i want the lyrical content to be there. >> rose: leonhardt, fallows and price when we continue. >> rose: funding for "charlie rose" has been provided by the

. china quietly raising borrowing costs, moving away from monetary stimulus. cash crisis deepens in india, but the prime minister says thing should improve. the stakes are raised in tabcorp with reports tatts a major player may enter the game. 30 minutes away from the start have atrading day, let's look at what is happening. haidi: it is all about the oil patch as we head into ministersns, oil flying to russia for talks, saudi arabia saying a supply cut may not be necessary. that has taken some wind out of the recent rally in crude. wti falling over 4% friday, extending losses. we are holding above $45 a barrel, but just. , 46t looking similar, off tilde $.67, so it is about the energy space. if we do get that supply cut announced and the details come through, markets have priced it in. if you look at where we are sitting three months out, we've come off that rally built-in after we started hearing about these potential supply cuts. this is what we are looking at in terms of the broader markets, a mixed picture, but the wind taken out of japanese equities. the nikkei 225 close to se

minister's question time in the british house of commons. then representatives from the u.s. and china speak after the annual joint commission on commerce and trade meetings. after that, the supreme court oral argument in two cases of miami suing banks for discriminatory mortgages. later, a forum on the middle east and issues impacting palestinians. now this week's question time in the british house of commons. prime minister theresa may was questioned on funding for the national health service by labor party leader jeremy corbyn. this is 35 minutes. >> order. questions to the prime minister. mr. peter grant. >> mr. speaker, this morning i had meets with ministerial colleagues. i shall have further such meetings later today. >> thank you, mr. speaker -- recently produced by a number of organizations, including citizens of -- felt families who should have been claiming child support did not apply. a major application was obtained. under the 4% collection fee had a serious impact to family budgets. will the prime minister undertake to review these unfair charges? >> the issues of trying

u.s. and china speak after the annual joint commission on commerce and trade meetings. after that, the supreme court oral argument in two cases of miami suing banks for discriminatory mortgages. later, a forum on the middle east and issues impacting palestinians. now this week's question time in the british house of commons. prime minister theresa may was questioned on funding for the national health service by labor party leader jeremy corbyn. this is 35 minutes. >> order. questions to the prime minister. mr. peter grant. >> mr. speaker, this morning i had meets with ministerial colleagues. i shall have further such meetings later today. >> thank you, mr. speaker -- recently produced by a number of organizations, including citizens of -- felt families who should have been claiming child support did not apply. a major application was obtained. under the 4% collection fee had a serious impact to family budgets. will the prime minister undertake to review these unfair charges? >> the issues of trying to ensure that those who are responsible for children actually pay for their children wh

strategist and senior counselor. >>> there was a lot of tough talk about china during the now china is coming to grip with donald trump's victory. adriana diaz reports from beijing. >> reporter: at one of china's bussest ports, cranes loaded with items. but a donald trump presidency has beijing worried those exports may be in jeopardy. >> we can't continue to allow china to rape our country. it is the greatest theft in the history of the world. >> reporter: on the campaign trail, trump regularly accused china of stealing american jobs and vowed to punish them with tariffs as high as 45%. if his rhetoric becomes policy, china's economy could suffer and job losses rise. >> i think it would be very, very painful for china. >> reporter: long time china watcher and finance expert michael pettis told us china could be in for a shock. >> china, don't forget, is difficult process. the enormous growth of the last 20, 30 years has left the economy very distorted and in need of significant changes. if there is a trade war on top of it, it will be that much more painful. >> reporter: the uncertain

weaker yuan we have been seeing has been helping the export scenario and exporters in china and that is why we are looking at these in conjunction. yesterday,rves file fallen the most since january. u.s.to 3.1 2 trillion dollars, still a big tile -- still a big pile. strengthave is dollar leading to you on weakness and weakness and more outflows. 1.53%an has weekend against the dollar last month, which is the biggest monthly drop since the devaluation in august of last year. the white line shows the fx pile burn, if you will. the burn of reserves has not been as fast as the authorities have allowed the currency to depreciate. that indicates there is more c.lerance from the pbo the global demand has been quite tepid. those chinese for trade figures, expecting exports to fall 6% following a 10% fall in september. we are expecting about a .8 percent fall in exports for the yuan, after a 5.6% fall in september. imports are little bit of a different story. they have fallen 22 out of the past 23 months the case of declines has been dwindling. i am standing by for you guys. haidi: any momen

week away, china pmi with an upside surprise, futures are slightly positive, europes are slightly in the red and we are watching crude and gasoline on news of the pipeline explosion yesterday in alabama. the first trading day of the month after that red october, more earnings. the election, the jobs number and the fed meeting all on tap for the markets. >> it is one week to go until election day. new polls and investigations are moving the markets every day, including today. we'll have the latest. >>> and a spin-off for kfc and taco bell. yum and yum china begin trading as separate companies this morning. first up, though, a lot for investors to digest into november as we head into the first trading day of the month. a jobs report is coming on friday, the election is next week. all three major indices were in the red for october, posting their worst performance since january, although to be any worse than january would have required a lot more selling, jim. >> look, there's -- there's just a major change underneath. what we saw were a lot of health care companies, big part of the s&p

than expected to label china a currency manipulator. well, we have been looking at this chart. terrorism fromt china and how it affects -- tourism from china and how it affects japan. that white line is consumption, including tourism. consumption excluding tourism, so you can see that the merchants. domesticwe have weak demand. these numbers continue to burgeon out of china into japan. getting to the market action. a bit of a mixed picture a cross asian equities today on what has been an extraordinary week. in are seeing that weakness emerging-market currencies hitting the market, particularly indonesia. down 2.2% at the moment. the philippines down by over 1.5%, and taiwan is being heavily sold off as well. financial players, the search for yield continuing, financial stocks leading the way along with energy producers, although we have seen a pair back in that oil price rally. the dollar's strength happening everywhere, a weaker yen, the nikkei up by .8%, so are a lot of positive momentum coming through export players in the region, weakness from some of those materials playe

interest rate hike in the u.s., policy has tightened in china. has allowed a steady increase in money market rates to squeeze liquidity. policy have started to tighten selectively. interest ratesrk have been on hold for more than a year. posted its lowest annual profit in five years. to $4.5fit fell 18% billion. earnings are under pressure after the bank restructures its businesses. rising badgling with debt charges and costs. told that the banks underlying performance is very good. >> what we are going through is a restructuring of anz. we have had a number of charges we took in the year, which have depressed earnings. underlying performance of our businesses this year have been good, and we are pleased. the reduction in profits is a deliberate action to reposition for the future. overnda: china's reforms state owned enterprises may be forcing companies to work with unexpected partners. china's unicom parents have agreed to collaborate with baidu. it is part of a plan to boost service levels of the mobile carrier. show a tight final stretch of the u.s. presidential race. they s

of china, facebook reportedly has a way to get back in. we will dig into the social networks plan to reach his largest untapped market. after a bitter election, and americans are ready for some retail with black friday kicking off in two days. you will find out the top holiday trends in tech. the most packable gifts under the christmas tree this season. mcafee posses -- mcafee's list of most at risk. remember, trying to block -- china blocked facebook in 2009, it is not certainly social network could return to the nation given licensing restrictions and other regulations that regulations that favor locally owned companies. facebook has said it's interested in china but hasn't made any decision on its approach and declined to comment on the times report. here with me is the chief analyst at technology research and from hong kong, are -- our bloomberg news reporter lulu chen. facebook is saying it is struggling with how to deal with fake news and yet there seems to be a possibility they can use their technology or products to censor out news that people don't want to see and china. >>

tariffs throughout the region. china has publicly announced it will do its own multilateral trade agreement. they will use their one vote, one road program to consolidate asia into an economic territory that does not include the united states. that is not good for american businesses. it is not good for global businesses. what the next administration does, beyond just say no, i do not know. it is not a path forward that is sustainable for job creation both here and in the united states, as well as economic growth here. ms. bumiller: your take on that? mr. cantor: i have been a free trader and someone who supports trade deals in the past. party, the party that has carried the free trade agenda over the years, has now found itself in a new position, given the white house and a president-elect that had been very hostile to tpp in particular. but trump says he was to put jobs first. it will be much about trying to protect american employers, and boosting the business environment here at home so we can attract more jobs first. investment. some reports have indicated the will openelect

the week. elsewhere, stronger gains across the asian equity market. had and china, we just china property prices data coming through, pretty weak there, but still a lot of bids for these casino stocks. china out by 3.4%, a switch out from energy players. by around .3%. it had quite a good rally as we saw the won strengthened against the dollar. and newian zealand looking good, some next movement and terms of the other southeast asian markets. looking at currencies, it is about the yuan, the pboc weakening the yuan again. 6.910, a lot of analyst saying we could now see the onshore renminbi push towards that seven handle. the crudeook at price, some weakness as well, down by 1.1% at the moment. in terms of equities, generally looking good, especially the japanese equity market. rishaad: thank you. right, let's get the first word news. president obama says he won't try to stop the protests that have erupted against donald trump. he rejected calls to use his influence to rain and demonstrators. obama urged his successor to " stand up to russian president vladimir putin if he fails to

. charlie: thank you all. we will be right back. stay with us. ♪ charlie: one of china's most successful investors. in 2005 he founded sequoia capital china, its portfolio including the countries major trex company -- major backed companies. but firm has brought companies into the chinese market, linkedin, airbnb. last week zto expressed the sequoia backed -- the largest you are offering since 2016. i am seized to have him at this table for the first time. welcome. it is good to have you here. tell me where you think the chinese economy is at this point. >> if you look at last 10 years, gdp growth has come down. the quality of the growth has improved. if you look at the consumer economy, their weight in gdp has moved up. the last year or so, you are hearing very strong policy toward the supply-sider form. clearly the government is trying to push for the consumer economy to take more weight. and the service industry can respond to more weight. charlie: do you worry about debt? >> clearly that is an issue people have talked about. with a high-cost economy, all of those issues co

talks about richard nixon's presidency including policy relations with china and the soviet union. richard nixon presidential library and museum, which recently completed a major renovation, hosted this event. >> ladies and gentlemen, it is a great honor to invite julia to the stage, one of the president's strongest supporters and certainly part of the nixon family. julia? [applause] hard: i am having so gosh much fun. i'm sitting next to a rock star, i have white confetti on my dress, and now that we have wine it's going to get really fun. ,so let's see where we can go with introducing our rock star. i can't believe it. i have been here, this building through all the dust, you can't imagine the life it was in. in fact, i was just in the oval office, and is socialistic in there. -- it is so realistic in there. i kind of started looking around for cameras and security people. but it is just so real. i love that. the nice thing about that library -- i mean about that that oval room, children and adults can sit in the chair, touch the fabric, the chairs. there's a no hands off, just

whatever happens in china. you are seeing a takeout when it comes to the aussie dollar. we have had good days of strength when it comes to the aussie. a much flat at the moment it -- pretty much flat at the moment. 29 minutes away from the start of the session in hong kong and china. haidi: let's look at how the australians are reacting. how is it looking? >> things have actually picked up. 51.2, very good number. compared of course to what we're seeing so far. look at the aussie dollar, we are coming up lopez the moment. let's bring that down -- coming up low at the moment. let me refresh it. every single sector was down. especially oil. mining stocks are now closed for the day. we were down as much as 9/10 of 1%. 13 out of 17. let's go through some of these names. a lot of it comes down to what has been going on with the gold price, hence why we are seeing a bid there for some of these names. equity markets, we are seeing fresh. thehours from now we get rba. later it's the bok. story, with the drop in price of oil, which took the -- you're looking at u.s. crude. 46.83. we're looki

national correspondent for the atlantic and a veteran observer of china and japan and many other places. his new piece in the magazine is called "china's great leap backward." in it, he argues that the country of almost 1.4 billion people has not been this repressive since the cultural revolution. i am pleased to have him back on this program. welcome. james: thank you, charlie. charlie: it's entirely appropriate that we talk about this, after talking about president-elect trump. this is how the article, the great leap backward, comes. china is less free, less open and more belligerent than it was five years ago, even 10. it has become repressive in a way not since the cultural revolution. a china optimist considers an optimistic future, and he asks, what a more dangerous and adversarial china would mean for the united states. especially when we look at the change in government here. james: indeed. and so i wrote this article before the election, because that's the reality of magazines with their lead times. but its assumption was the united states would be thinking calmly and rationall

this year for a three-way summit meeting, including china. choi soon-sil's personality is not well known. while it's says she's a businesswoman involved in real estate management, a lot of her life has been shrouded in mystery. she became close to the south korean president during the leader's early adulthood, as park geun-hye explained in her autobiography. here's the details from seoul. >> translator: choi soon-sil helped me during a difficult time in the past. >> reporter: that difficult time for president park began in that theater in central seoul. it was august 15, 1974. there was an assassination attempt against her father. the then south korean president park chung-hee was in the midst of making a speech on stage when the shot rang out. park's mother was shot dead with a bullet intended for her father. after the assassination, park took on the role of acting first lady. the sudden death of her mother deeply affected her. >> translator: as i organized my mother's belongings one by one, my heart bled for her passing. >> it was around this time she became acquainted with relig

in uniting and beating the country. this affect does u.s.-china relations? we are having a look at this one. it is a big question. is, who is donald trump really? withuld you be dealing donald trump the candidate who said a lot of anti-china rhetoric, or will it be president donald trump, who needs to maybe tone it down, or maybe he doesn't? many more we have questions about the u.s.-china relationship going forward than we have answers. 45% tariffs on all chinese made goods into the nine states. the commonwealth of australia said that could cut exports to the united states by 25% in the first year alone. this is a $600 billion trade relationship heavily skewed in china's favor. how much more would americans want to pay for their iphones and other goods they buy? >> that's another story. currency manipulation could be ,omething that president trump still getting used to that, president trump will possibly -- rishaad: president-elect trump for the time being. >> currency manipulation, he name china a currency manipulator on day one. what does that mean? it means they will start a se

break in here, but stay with me. we're going to talk about china, one of president-elect donald trump's favorite targets during the campaign. listen. >> china, which has been ripping us off, the greatest abuser in the history of this country. china has been ripping us, and i have many friends in china. they agree with me 100%. they can't imagine, may can't even believe that they can get away with what's happening. >> so what happens then to the u.s.-china relationship when donald trump is the president? will he keep the pressure on as he sits in the oval office or could that rhetoric soften a little bit? and critics haven't been happy with donald trump's picks so far for his white house team, as we just talked about, the lack of diversity. we'll talk about both sides of the coin after the break. you're live in the cnn newsroom. p is for permission to indulge. o is for out of this world. l is for loving the seasonal cuisine. a is for access to everything, including the aisle. r is for reclining in tailor-made bedding. and i, must be dreaming. s... so long, jet lag. polaris, from

-pacific. gdp, forex reserves out of china, and trade data out of taiwan, i'll do out in the afternoon. due out in the afternoon. we are 27 minutes to the open in hong kong. one group of stocks we will be following, one of those don't-look-close-your-eyes moments. a lot of these property related stocks in hong kong. this group right here. this is how they traded on friday. look at the mix there, following the latest draconian measures to keep prices in check, which analysts and brokers are saying hit the amount of volumes and transactions, effectively , affectively 30% for nonresidents and foreigners. that is a space to watch, or not. close your eyes if you have a position. i will leave it there. rishaad: more details on that story in the program. thanks. haidi: let's get to first word news with paul allen in sydney. theresa may says her brexit timetable won't be altered by last week's constitutional ruling. has worsened divisions with conservative newspapers blasting high court judges. theresa may says the government has a strong case to appeal the ruling that parliament must approve

china. they mispronounced china's name notsaid hong kong is representing china. the question is will they be allowed to take their seats? you can see pictures where lawmakers have tried to retake their oath and preventing other business from taking place. has sued them and wants to houston and beijing has confirmed they are discussing the issue but the committee meets behind closed doors, so we don't have any further details about what they have been discussing specifically. some people are unhappy because it is meant to be under one country, to systems and some in aboutong are concerned increasing reach of beijing into hong kong affairs. move that any move by beijing could undermine courts and cause unrest. certainly more to come on this story. here in the u.s., the vix rising for a record ninth straight session on friday. they question is whether volatility is set to continue in the markets. joining us is su keenan with more on this. milestone on friday. the question is will it continue ? let's go right into the bloomberg. you see the measure of market .urmoil of 73% will we m

spectacles. china's national petroleum corp., the parent of petrochina, is planning to spin off most of its nonenergy assets as cheap oil forces. we have our china correspondent, tom mackenzie, looking into the story for us. what are you hearing, tom? tom: this is one of the world's largest gas and oil producers, and as he said, it is looking to spin off the non-core units. we're talking about things like utilities, hospitals, even schools. they are targeting these as they try to streamline. the headcount of around 140,000 people, because china national petroleum is a massive employer. it is the sixth largest employer on the planet, employing around 1.5 million people, compared to exxon mobil's 73,000. these units are likely to be taken over by prudential government, but also taken over joint ventures backed by outside investors. most of these units fall under the wholly-owned company, not petrochina, which is the listed entity. petrochina is feeling the pain itself as a result of these low oil prices in the first nine months of the year, where profits were down around 95%. it was forced ea

. what that means for tech companies in china. the solar industry scrambles to figure out what the new administration means for renewal. the debate rages on. did fake news on facebook help sway the presidential race? in the first days after the election, mark zuckerberg said this. >> personally, i think the idea that fake news on facebook, which is a small amount of the content, influenced the election in any way i think is a pretty crazy idea. emily: but after a lot of backlash, he seems to have slightly changed his tune. he wrote on facebook the bottom line is we take misinformation seriously. we believe in giving people a voice, which means letting people share what they want whenever possible. we do not want to be arbiters of truth ourselves. we asked david kirkpatrick what he thought of facebook's evolving tone. i don'tuld still say -- think he would use these words again -- but it is a crazy idea fatetrump won because of news on facebook, which is basically what he was saying. i think as a result of a huge pushback from all kinds of people and places, they are taking this gravely

. will china fill the void? things markets know with certainty about the trump presidency. all four major benchmarks making records. in a world of disrupted trade couldents, theresa may negotiate a better deal for britain. this is "bloomberg surveillance." i am francine lacqua in london. go morning. we have a great show set up. it is said to be the greatest trade deal in regional history. donald trump says the united states will withdraw from the transpacific partnership on his first day in office. the statement was included in a video outlining executive actions his administration "can take" on day one. meanwhile, all four major u.s. equity benchmarks climbed to record highs for the first time in 1999 as the market looked at odds of a december rate hike and it hit 100%. we focus on what the new white house will mean for investors in the tech space. as you get from minister reaches out to business leaders, we will bring you the latest on the brexit debate. first, let's great -- let's get to the first word news. here is no stretch a hitch -- here is nejra cehic. on the whiteate house

. ♪ >>> china's president called donald trump to congratulate him on winning the u.s. presidency. the relationship between the world's two largest economies is not only important but also very complex. eunice yoon reports tonight from beijing. >> reporter: investors in asia are worried about a rise in u.s. protectionism and greater uncertainty. that uncertainty played itself out in the markets today, tanking the nikkei by 5%. now once the dust settled and the reality sank in that trump had won, shindo abe contacted donald trump to say congratulations and also to say he hopes that u.s./china relations would be stable. now as a message of the chinese president is telling, because if you believe the rhetoric around trump's campaign, when it comes to china, you would think that trump wants anything but that. trump had called china a currency manipulator, a cheater, that steals american jobs. he's also threatened to slap china with 45% tariffs on chinese imports. now if those policies do go through, china could face a great disruption to its relationship with a very important trading partn

together on a settlement. elaine? >> quijano: mir era, thanks. still ahead, the view from china it has similar effectiveness to warfarin. warfarin interferes with vitamin k and at least six blood clotting factors. xarelto? is selective targeting one critical factor of your body's natural clotting function. for people with afib currently well managed on warfarin, there is limited information on how xarelto and warfarin compare in reducing the risk of stroke. like all blood thinners, don't stop taking xarelto without talking to your doctor, as this may increase your risk of a blood clot or stroke. while taking you may bruise more easily, for bleeding to stop. xarelto may increase your risk of bleeding if you take certain medicines. xarelto can cause serious, and in rare cases fatal bleeding. get help right away for unexpected bleeding, unusual bruising or tingling. if you have had spinal anesthesia while on xarelto watch for back pain or any nerve or muscle related signs or symptoms. do not take xarelto if you have an artificial heart valve or abnormal bleeding. tell your doctor before a

want more clarity u.s. president-elect seng index was little changed. in china, the shanghai comosite ended 3218 the closing number there. the highest closing since early january. many investors bought stocks in the hope that a weaker will boost the chinese economy. south korea kospi ending lower, but ongoing political scandal involving the president weighed heavy on market sentiment there >>> leaders at the asia-pacific economic cooperation summit have called for open markets in the face of what they see as rising trade protectionism. japan's prime minister stressed the importance of the transpacific partnership free trade deal at the two-day meeting in lima, peru. the leaders promised to fight against all forms of protectionism. in a joint declalaration they urged to explain the benefits of trade investment and open markets. they reiterated their commitment to creating a free trade area of asia pacific. on the global economy the leaders said all policy tools monetary, political and structural are needed to strengthen demand and address supply constraints. they touched on the issue o

derail closer global integration. china shakes up the order, claiming the mantle as world free-trade champion. japan posting a trade surplus with imports falling faster than exports. for and against the korean president as prosecutors say park geun-hye did collude over access. 30 minutes from the open in china and hong kong. singapore, kuala lumpur, and taipei coming online. how our markets tracking? buty: it is looking mixed, we are seeing markets in the red except japan and taiwan. hown not surprising given much the yen has plunged against the dollar. downe seeing the kospi .4%, the threat of impeachment as prosecutors say park geun-hye was involved in that influence peddling scandal. we are seeing minor stocks and consumer stocks driving the declines, the asx down, reversing three days of gains, while new zealand is down .2%. new zealand has been losing ground for six consecutive sessions. about japan, look at that, gaining .5%, the nikkei already in april market territory, but we are now seeing the topix also gaining for an eighth consecutive session. if gains are sustained, we c

china operation into a separate company. we will talk to greg creed next. we will also talk with the chief executive in china. this is bloomberg. ♪ mark: live from london and new this i am mark and vonnie: is bloomberg market. the company behind kfc and pizza hut have created a spin off in its china operation. they began trading as a separate company today on the new york stock exchange. it's up 3% in fact there in joining us from the floor to talk about the strategy behind the spin off is the ceo. thank you for joining us. congratulations first off. you must be very pleased. do you concentrate on now that the china operations are someone else's problem? greg: there is a huge growth potential for all three brands. there are emerging markets in developing markets. it's a real growth story. vonnie: growing how? are you changing how you operate toward giving the control to franchisees? greg: we are going to be more efficient. that will help us grow. ware going to open 1000 restaurants by the end of 2018. we are a capitalize business that is going to focus on it. that's the area of foc

where china has become more assertive. it's uncertain whether trump is committed to the policy. asian leaders seem to be keeping a close eye on developments. philippine president rodrigo duterte offered warm congratulations to trump in a statement saying he looked forward to working with him to enhance relations. he responded sharply to u.s. criticism of his bloody war on drugs and announced ma quwhat h called a separation from the u.s. during his visit to china in october. thai interim prime minister said his country's relations with the u.s. will remain unchanged. >> translator: we have been an ally with the united states for over 180 years. no matter what becomes president, i think thailand will have to move forward while balancing out its foreign policy. >> malaysian prime minister said trump won the white house, more focused on their interest and welfare and less embroil eed in foreign interventions. >> translator: i'm sure he will find the right way for the u.s. to work with other countries. i know him personally. it's not someone i'm unfamiliar with. >> u.s./malaysia ties have

two years, predicting a boost from donald trump in china. its gdp forecast is now 3.3% in 2017, up from september predictions. they say growth will expand to 3.6% as it sees trump's infrastructure plans raising output. a source has told bloomberg that india is set to clear the right healing services of uber and lyft. they will need to get software validated. a court affidavit will be filed in delhi. they're pouring hundreds of millions into india. the head of the middle east's largest listed property company with milan-based online retailer. e-commerce in the region is still just a baby, making up 1.5% of global retail. global news, 24 hours a day, powered by over 2600 journalists and analysts in more than 120 countries. this is bloomberg. delsey: thanks. opec ministers are gathering in vienna for wednesday's output despite signs that the cartel remains a split. let's get the latest from singapore. re any indication they can reach a deal? >> well, it's tough to say. we are getting down to the wire here. bloomberg has a team of -- on monday, there was a 10 hour-long meeting with rep

remaining a challee. china is said to because -- a chinese insurance company is said to be buying a japanese country with $2.3 billion. a deal may be assigned this week . it will be the first foray into a japanese market. they're looking to buy assets around the world. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 121 countries. this is bloomberg. let's move to president-elect donald trump releasing a short video outlining his policy priorities as he continues to make potential members of his administration. hisas indicated his -- intention to follow through on campaign promises. >> on trade, i'm going to issue a notification of intent to withdraw from the transpacific partnership, a potential disaster for our country. instead, we will negotiate fair, bilateral trade dealers, that bring jobs back to american shores. thered: he is talking tpp and what that will mean for this part of the world. what did you make of this video? >> it is an interesting medium. donald trump making his policy pronouncements the a a video that goes up on youtube

, japan's smashing expectations. >> data from china expected to show continuing industrial-strength, gain in retail sales, and investment. afterd: the kiwi swings powerful tremors cut the main north-south highway. what may be the most successful casino of all time. rishaad: right, just having a look at this chart. it attracts the fortunes of the 500 richest people in the world. >> we know markets for royal last week, the recovery rally, and so some segments continuing. there we have it. the two weeks of ups and downs, ending in a tumultuous u.s. election week, down $6 billion. these of the world's 500 richest people. we have the decline of $64 billion on the result of trumpeting in the white house. rishaad: right. and kuala taipei lumpur coming online. all right, markets mixed following what wasn't the most pleasant of weeks in asia. the story comes down to japan, where you have a weak yen. followinge nikkei 225 the quake. , down 7% inng out new zealand. what you're saying is a pullback across mining stocks, especially gold producers following the drop in gold prices. wednesday last

like china and mexico‘ mr trump has also threatened to abandon global free-trade agreements unless free trade can lead to lower growth, on the markets, this might be something of a phoney peace‘ investors are watching and waiting to see if mr trump really wants to rip up the rule book or play in much steadier game. kamal ahmed, bbc news‘ gary hufbauer is a senior fellow at the peterson institute for international economics, he's in our washington studio. are are all of are all of america's trade agreements going to are all of america's trade agreements going to be in the agreements going to be in the dust now? agreements going to be in the dust now? the ones that have been now? the ones that have been negotiated such now? the ones that have been negotiated such as now? the ones that have been negotiated such as the negotiated such as the trans-specific negotiated such as the trans-specific partnership‘ negotiated such as the trans-specific partnership‘ there trans-specific partnership‘ there are trans-specific partnership‘ there are couple of others in the trans-specifi