will unveil its new top leadership line—up for the next five years. analysts will be looking for clues about whether the party is lining up a successor for president xi — or whether his term will continue beyond the usual two terms. a very different kind of reception in the united states for president trump, who faced a protestor accusing him of treason. two senators from the republican party have also criticised his effect on american politics. and this video is trending on bbc.com... two notes written by albert einstein suggesting advice for happy living have sold for a million and a half dollars. the first recommends "a calm and humble life" the second one just reads: "where there's a will, there's a way." that's all from me for now. stay with bbc news. and the top story here in the uk... a british man is back in the uk, two days after he was jailed in dubai for public indecency, after touching the hip

of a man in a crowded bar. jamie harron was cleared after the ruler of the emirate intervened. now on bbc news all the latest business news live from singapore. the big reveal! china will soon unveil its new leadership council a day after president xi jinping consolidated his grip on power. and, america's footwear industry is making contingency plans because president trump's tough and straight talk... it's wednesday, everyone! good morning, asia! hello, world! welcome to asia business report. we start off with china, the 19th communist conference has come to a close, the top leaders of the party and china's economy will not be

revealed until later today. the president has a vision for china and asa president has a vision for china and as a reflection of his power, his name and ideology has been enshrined in the chinese constitution. unveiling him to a higher level. our correspondent gave an insight into what it means for the economy. often, when you look at how the chinese constitution is made up, these big thoughts and tried in ideology. they are important for the political nature of the country but also the economy —— enshrined. you heard in his speech about the kind of china he sees going forward and his mantra, so to speak. a new era of socialism with chinese characteristics. what he was trying to say was the previous error, so to speak, there have been two out. there's two have reformed and

propelled china onto the international stage. but he wants to ta ke international stage. but he wants to take it further. if the previous time was about making china's strong, or prosperous, time was about making china's strong, or prosperous, now time was about making china's strong, or prosperous, now president xijinping has come onto the international stage and wants china to assume its rightful position on the global stage. you had the strength in that speech and that will be a defining characteristic of the next five years in china for him, infact. the next five years in china for him, in fact. and aside from those thoughts, everybody is waiting and watching on his new leadership team, who will back him up over the next five years? the big question is, who are they going to be? nobody knows but they will be facing a lot of challenges going forward? when he came into power in 2012, it was on the back of a very strong chinese economy. that's thanks to the reforms that were put in place 30 yea rs reforms that were put in place 30

years prior, but deng xiaoping opened china to the world. all of those stories that we talked about with china becoming the factory of the world, that was thanks to deng xiaoping. the economy xijinping inherited was really strong. within china. now it's going to the next level. we've seen the reforms going through, xijinping level. we've seen the reforms going through, xi jinping has level. we've seen the reforms going through, xijinping has rebalanced the chinese economy and made it a big part of his mandate but there is still some very severe challenges for the chinese economy. that was our asia business correspondent. american businesses are speaking up about president trump's agenda to put america first when it comes to trade. the us and clothing industry is especially word. the association representing more than 1000 companies in the usa says the trade policy is confusing in the industry. the president and ceo of the

association said that the companies we re association said that the companies were all making contingency plans. the top three points are simple, any disruption to a major supply chain describes how we do business and therefore profitability and how we get goods shipped. anything that changes it, the president has managed to disrupt our top six trading partners with the usa, going after every single one of them. who is number one? china. who is number three? mexico. number four? is number one? china. who is number three? mexico. numberfour? japan. number five? germany. number six? south korea. we are picking schoolyard fights with all of them and it isn't healthy for business and it isn't healthy for business and we cannot plan. we don't know where to go next. it is a problem for your industry but mr trump is coming to asia. will you be able to sit with him and his advisers, to discuss the problems of your association? weenie with people in

the administration and tell them our concerns “— the administration and tell them our concerns —— we meet up the administration and tell them our concerns —— we meet up with people. we are surprised by the rhetoric coming back. america first is great, if we do more in america and can have improved trade relations, president trump is totally focused on getting our deficits down. it plays better than it works. you know, is it so terrible to have trade deficits with some, as long as you have a surplus with others? why make a major issue is, many of the american apparel footwear manufacturers have their products manufactured here in asia, especially china? actually, 38% of all apparel products come from china to america. that is a huge number, an 11% from vietnam's you have almost 50% between two countries

coming into america. if you disrupt the supply chain, it becomes a problem for the industry. rick hoffenheim in hong kong. india has approved a plan to inject $34 billion into state owned banks to encourage growth. the move is a way to clean up the books and boost investments in a slowing economy. we are joined investments in a slowing economy. we arejoined by our investments in a slowing economy. we are joined by our colleague monica miller. 34 billion us dollars to pump into the banking industry but the question is, is it enough? it is a huge part of the economic puzzle be prime minister needs in order to restart the economy, which has slowed down. $34 billion has been improved. $2.1 trillion. that will be injected over two years. there will be bonds and cash infusions, and what is hurting is the public banking sector. they are saddled with $145 billion, making it tough

and they are stretched at this point. they cannot let others inject the money back into the economy. there was a case that made headlines recently, with beer and airline tycoon vijay mallia. he fled to the uk to avoid paying $1 billion to indian banks in loans. so, some say that it indian banks in loans. so, some say thatitis indian banks in loans. so, some say that it is too little too late but i spoke to an analyst who said that when you consider india slowing gdp, they had to start somewhere. this might be the right move. they need all the help they can get. monica, thank you for the update. owning your own set of wheels is something many aspire to in asia but the traffic jams and something many aspire to in asia but the trafficjams and air pollution means that things are changing. like many other asian countries, singapore controls the number of vehicles it has on the roads. from february 2018, the regulations are getting stricter. the streets of singapore, they are busy but they

are orderly. there are a few traffic jams here that elsewhere in the region and there's a reason. that is because the singapore government strictly monitors the number of cars allowed on the road. at the moment, there are! million allowed on the road. at the moment, there are 1 million vehicles on the roads here in singapore. on an island of just roads here in singapore. on an island ofjust over 700 square kilometres, that's roughly and there's a reason. that is because there's a reason. that is because the singapore government strictly monitors the number of cars allowed on the road. at the moment, there are1 million vehicles on the road. at the moment, there are 1 million vehicles on the roads here in singapore. on an island of just over 700 square kilometres, that's roughly under half the and starting next year, the singapore government will stop allowing the increase in the number of cars. according to the land transport authority, no more extra vehicles will be allowed on the roads, cutting 0.25% annual increase to zero, when the policy will be reviewed again in 2020. but it has divided opinion here... the new

policy means the price will go up, and in terms of this on the high side, it's the highest in the world. based on the overall course. side, it's the highest in the world. based on the overall courselj thought that it would increase but having said that, transport is good here in singapore. it doesn't affect me as here in singapore. it doesn't affect measl here in singapore. it doesn't affect me as i do not have a car and i think the public transport here is fantastic. the government blames the new policy on the lack of available land and investments in public transport. they've pretty much already been controlling the number of cars on the roads for years. through a system of bidding for the right to own and use a car for a limited number of years, corby certificate of entitlement. factor in the costs and the cars here are some of the most costly in the

world. an average mid—size sedan will cost you four times more than in the us but it shows the lengths once more asian country will go to limit car numbers. it's at a time when many countries are waking up to the halifax of traffic congestion and pollution. a look at the markets... asia could receive a boost after the dowjones industrial average surged to a record overnight. fuelled by huge gains and industrials stops. —— stocks. sport today coming up next... the top stories this hour. in a few hours time the communist party of china will unveil its new leadership — and we'll get some clues about a possible successor to president xi. the republican party senator

jeff flake has announced he won't seek re—election because of what he called the reckless and undignified behaviour of president trump's white house. the eu's chief brexit negotiator says a trade deal with the european union could take three years to complete, if talks begin in december. michel barnier added however that the discussions wouldn't be without risks, because all of the eu's national parliaments must approve any agreement. damian grammaticas reports from brussels. from the eu today, a blunt message. donald tusk is no fan of brexit. how it plays out, he says, is down to the uk, but eu countries must remain united. it is in fact up to london how this will end — with a good deal, no deal or no brexit. but in each of these scenarios, we will protect our common interests only by being together. mr tusk was responding to the prime minister yesterday in the commons, where she suggested it is up to the eu to move things forward. it is now for them to consider what they want to see from the future of that relationship

so that the next stage of those negotiations can indeed begin. and reinforcing the eu's message is the chief negotiator, who said the uk can't expect a trade deal any time soon. michel barnier told european newspapers the transition deal would help because it would give more time to organise future relations, adding trade talks will last several years. this is how the eu sees the timeline. now, exit issues have to be settled, money, citizens' rights, we stuck at this stage. possibly in december things can move to the outlines of a future relationship and a transition to get there. that has to be done by march, 2019, brexit day. only after that can a future trading relationship be settled, possibly by 2020. roderick abbott, a former uk and eu trade negotiator, says it could be into the next decade before a deal is done. roderick abbott, a former uk and eu trade negotiator, says it could be into the next decade before a deal is done. i think well into the 20s.

before you've really implemented everything and probably into the 20s until you've got a deal tied up. the trade deal. so this could take some years? hmm. and at each stage, if the uk doesn't satisfy the eu's conditions, talks will remain stuck in the slow lane, as they are now. damian grammaticas, bbc news, brussels. time now for all the sports news in sport today. hello, i'm sarah mulkerrins and this is sport today, live from the bbc sport centre. lots to tell you about — but first... the world series is under way in los angeles — but who's going to take an early advantage.. as the dodgers play the astros... in tennis, karolina piskova powers her way to a second victory in singapore and with it books her place in the last four

of the world tour finals... and we have new league leaders in italy — inter are top of serie a. baseball's world series is under way at dodger stadium — the los angeles dodgers, who havent won the title for 29 years have home advantage for the first two games of the series against the houston astros — who have never won the event. and the home side have astros pitcher dallas kuechel to thank for a good start. his first pitch resulted in a dodgers home run. la leading 1—0.