tv Asia Business Report BBC News November 9, 2017 1:30am-1:46am GMT
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he and the chinese premier, xijinping, will hold talks on north korea later. the two leaders will also oversee a signing ceremony for billions of dollars of trade deals. britain's international development secretary, priti patel, has resigned, the second cabinet minister to do so in the past week. she'd held unauthorised meetings with israeli leaders while on holiday in israel. and this video is trending on bbc.com: the world famous french museum, the louvre, has opened a new branch in abu dhabi. president macron and his wife brigitte were shown around by the crown prince. the project is worth more than a billion dollars. that's all from me for now. stay with bbc news. and the top story here in the uk: the head of the national health service england says without more money, one in ten people will be on a waiting list by 2021. now on bbc news all the latest business news live from singapore. no dancing around the issue. over a
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dozen deals are struck by the us president donald trump on his first day in china and there are more to come. a sea of plastic as the climate conference gets under way we explore the world's growing waste problem. it's thursday. good morning, asia and hello, world. thank you forjoining us for another edition of asia business report that it would start with donald trump as he continues his visit to china today. already his business delegation has sealed 90 deals worth 9 billion us dollars. the hard work
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is just 9 billion us dollars. the hard work isjust beginning. 9 billion us dollars. the hard work is just beginning. on 9 billion us dollars. the hard work isjust beginning. on the campaign trail he was highly critical of china and its trade surplus with the us. there are concerns over intellectual property and market access for us companies. earlier i spoke with somebody from fidelity international. i asked spoke with somebody from fidelity international. iasked if spoke with somebody from fidelity international. i asked if there would be progress at the meeting. international. i asked if there would be progress at the meetingm isa would be progress at the meetingm is a start. if we look back in at april when xijinping is a start. if we look back in at april when xi jinping visited trump there was a deal. not much progress has been made so perhaps they will be looking at us agricultural products into china as well as access to financial markets. in the last two trips to japan and south korea he has been calling for a fair, balanced and reciprocal trade. is that possible with the chinese?” would not write it off at this point in time. when we look at what the chinese are looking for, they want to open up their more. they want to increase us products into china
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itself. you will probably come away from this trip with more success than anything else. so after this trip he will not call trade deals with the major asian economies are horrible? the relationship, the bilateral agreement between the us and china has improved. it is less ofa and china has improved. it is less of a risk. could still be a contentious issue and sector between the americans and the chinese? things take time so perhaps investors may be a little impatient with the speed of deals done or trade or accessed. that is one thing to be mindful of. on the other side of the coin, imagine all that capital in china. that capital needs a home and we have seen that in terms of flows into the hong kong stock market this year. you could start seeing more agreements with in other markets. there seems to be an
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issue on financial accessed. why do you think is china dragging its feet in allowing us unfettered financial accessed to its markets? it is part of the opening up story. it is clear from what president xi jinping has been talking about, the chinese want woken up the capital markets and thatis woken up the capital markets and that is why we are seeing things like bond connect. but these things ta ke like bond connect. but these things take time. investors need to be patient. we see the market as a whole evolve in the chinese want to have us involvement. in other business news, former executives of yahoo! and at the facts have apologised at a hearing in washington for massive data breaches that impacted millions of users. but some people say it is too little too late. they are now looking at increased regulations. imagine a position. they are at the senate, they are facing a growing for some of them. this is not the first time
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they have faced a grilling for their performance after the hack was made public. there is not much that they could say and this is why you heard a lot of apologies from both yahoo and equifax. both companies said that, look, we worked with law enforcement officials when we first learned of these hacks. we will continue to do so. in fact, the former head of equifax had said, look, i think there needs to be some more cooperation between public and private in terms of trying to secure people's data. from iphones to our television production, apple has acquired the rights to a new drama series as the tech giant competes with amazon and couudein tech giant competes with amazon and collude in their ambition to take over hollywood. for more on this story werejoined by over hollywood. for more on this story were joined by monica. they are awash in cash and they can purchase whatever they want. yes.
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including a television show with jennifer aniston and reese witherspoon. they have committed to do series of this unnamed drama series that will be about american morning television. at this point, a spokeswoman says they are looking to bring in another big name, steven spielberg. they want to reboot his 19805 sci—fi series. what we do not know is when the series will get on the airor how know is when the series will get on the air or how viewers will watch them. they have the hardware for itunes where you can purchase it but we wonder if there will be a platform. they have a long way to go to catch up with the streaming networks. they have competitors such as amazon, netflix as well as lulu which already... they are deeply entrenched in hollywood at this point. hopefully these are a list names will help them make up for lost time. thank you for the update. the united nations climate change
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talks kick off in germany. aside from reducing carbon emissions another majored in —— major talking point —— point has been the rising amount of traffic pollution. these photos amount of traffic pollution. these p hotos we nt amount of traffic pollution. these photos went viral after showing severe pollution in a caribbean island. asia is a major contributor of elastic ocean rubbish. earlier i spoke to richard cook, a consultant. i asked him spoke to richard cook, a consultant. iasked him how spoke to richard cook, a consultant. i asked him how asian consumers are responding to the issue. consumers can play a role. if you go around the region people are beginning to ban certain objects and this is a motive for consumers. they can see this degree around and is to breed is branded by the companies who are producing it as well and that is the problem. groups by greenpeace are lobbying these brands. are consumers
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willing to pay a premium for environmentally friendly groups? chinese consumers are willing to pay a premium for these goods. when it comes to countries like indonesia, thailand, around half say they would like to see more eco— friendly packaging. i think this is starting to move into the mainstream. what we see now are players like procter & gamble putting ocean market on the market in terms of recycled ocean plastic products. we are seeing this in mainstream consumer goods. and we think this will become the new normal, what consumers expect brands to be doing. how would you like to own a slice of scotla nd how would you like to own a slice of scotland that would grant you the title of lord or lady? the idea behind a high land titles group. i
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caught up with the spokesman to find out more. we are in two nature 's reserves in the highlands of scotla nd reserves in the highlands of scotland is. the way that we fund and maintain these nature reserves is by raising funds by letting people purchase and acquire the rome one square—foot plot on the reserve. it isa one square—foot plot on the reserve. it is a souvenir plot and because you own land in scotland, you can adopt the title of lead. and lead tra nslates adopt the title of lead. and lead translates as lord or lady. is the way that we fund it is by selling one square—foot of land. way that we fund it is by selling one square-foot of land. and what is the money used for? because towards the money used for? because towards the conservation of the land. we replant native the conservation of the land. we repla nt native scottish the conservation of the land. we replant native scottish trees. we have a one acre loch there which is brought a lot of life back. the title is a courtesy title. so today i have presented to you your very own one square—foot plot. i have presented to you your very
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own one square-foot plot. lord rico hizon. i will accept that title. u nfortu nately i hizon. i will accept that title. unfortunately i cannot accept gifts. i cannot accept land. we will sort that out later. please accept your very own title. thank you very much. how many people now have been given the title of lord or lady? we think around about 100,000 all around the world. so i will share this title with 100,000 other people? world. so i will share this title with 100,000 other people ?m world. so i will share this title with 100,000 other people? if you think about crowd funding and how people crowd fund various projects, this is a way of crowd funding. highland titles has never sourced funding from the local council. win a lot of asian people come to scotla nd a lot of asian people come to scotland as tourists and i don't think they know about this. this is afun and think they know about this. this is a fun and unique gift as much as anything else. the way you reacted just now... am i a lord of glencoe
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01’ just now... am i a lord of glencoe ora just now... am i a lord of glencoe or a lord all over the world? you are lord of glencoe. that is the region where the land is. it is a courtesy title. you will not be able to come to london and get access to the house of lords and change the law. lord rico hizon. it sounds good. and before we go, a quick look at the markets in asia. we are currently in positive territory. thank you for watching. let's bring you up—to—date with all of our top stories is our. president trump has begun his second day of his visit to china. he will be holding talks about north korea later this afternoon. a senior member of the british government has resigned, the second in a week. the head of npt as england has thrown
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down the gauntlet to the government ahead of the in a fortnight. simon stephens says the nhs should get the money was promised during the eu referendum. waiting lists are a key nhs benchmark. ten years ago there were over 4 million people waiting for routine surgery in england. that fell to around 2.5 million, but, in the past few years, it's crept back to the 4 million mark. now the head of the nhs is warning it could hit 5 million. it was an extraordinary intervention from a senior public official head of a budget. on the current funding outlook, the nhs waiting list will grow to 5 million people by 2021. that's an extra million people on the waiting list — one in ten of us waiting for an operation, the highest number ever. in essence, nhs england is warning that the problem starts as soon as next year, if there isn't new money allocated in the budget. that means waiting lists rising more rapidly and, in effect, a national policy
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to ration nonurgent care needing to be introduced. rose is one patient who thinks the nhs needs a rapid financial boost. she believes she's missing out on the specialist care she needs for her ms. you call to make an appointment and they make you wait two or three weeks. then, you when you get in there, they're very busy, and theyjust say, "well, actually, at this point you should just call physio, and maybe they can help you strengthen your core muscles." and i can't get through to physio, they don't answer their phone, they don't answer e—mails. remember this? the vote leave battle bus and the claim that brexit would mean £350 million a week more for the nhs. that was quoted by simon stevens as part of his pitch for more money. trust in democratic politics will not be strengthened if anyone now tries to argue, "you voted brexit partly for a better funded health service, but precisely because of brexit you now can't have one. " the health secretary said
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it was a vote leave, not a government pledge, but any brexit dividend should help the nhs. if we end up having less pressure on public finances, because of the fact that we are not making net contributions to the eu, then i believe that the nhs should be the first port of call. any budget funding increase for health in england would automatically mean more money for scotland, wales and northern ireland. it's now down to the chancellor and whether he believes the claims of simon stevens. hugh pym, bbc news. as always we have much more detail on our website and if you would like to get in touch with me and some of the team you can do that via social media. now it is time for sport today. hello, this is sport today, live from the bbc sport centre.
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coming up on this programme: it has been described as a dark day in the world of rugby, as samoa's international team is declared bankrupt. the test that could swing the series. we look ahead to the inaugural women's ashes day—night test down under. and the most—wanted man in boxing. and the refugee who fled syria and ended up at the rio olympics. hello and a very warm welcome. our top story: and world rugby is being urged to carry out a review into the governance of the samoan rugby union, after it was declared bankrupt on wednesday. the pacific islands prime minister has been urging members of the public to donate money to help pay their players, ahead of the autumn internationals.
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