a controversial study we will get into that in little more detail in the the idea that china could be

entering a new era of president xi jinping's leadership, it's worth looking back on the kind of economic miracle that it has undergone in the 70 years so far. it's extraordinary in that sort of 70 years in the communist party successfully one civil war in china, it literally was a third world country. incredibly poor, it is now the second largest economy in the world. it is growing by over 6% a year. probably in the next 4— five years it could be the world ‘s largest economy so think from poverty to the world ‘s largest economy and perhaps 75 years, 70 years is an extraordinary economic miracle. one of these headwinds is the trade over the us. and all the economic situation suggested both china and the us economy is slowing down the track the economic suggests, in the typical economic judgement economic cycle that the trade wars do not beat the country. there is a different take on the celebrations in the japan times, hong kong on edge as china celebrates and we have seen his pro—democracy protests every weekend for the last few months. but i suppose a key celebratory date like this is a chance for them to really make their strength of feeling clear and hong kong anticipating this strong police presence on the streets. an anniversary like this is all about the symbolism as you quite rightly say, the president visited

chairman mao's memorial which is the first time it's been done by the head of state and hong kong for the protesters it's a very good chance for them to embarrass the chinese authorities with a series of protests. the japan times talks about a lot of security, a lot of lockdown, films of anti— graffiti, going across the people's bank of china and hong kong, orthis going across the people's bank of china and hong kong, or this kind of thing so you're quite right is a japan times, they have been... japan's relationship with china has been dubious over the last figure and everyone to see to make anything too embarrassing to china. this put the china celebrations to one side for a moment and focus on things a little closer in europe. the backstop, the irish backstop was it's one of those phrases that has become a crucial part of the brexit

dialogue. and here we have a possible solution. just for those who are not following the ins and outs of the detail, the backstop was purely there to avoid a hard border between northern ireland and the republic of ireland if they were to fall into two different customs regimes after britain leaves the eu. we don't know exactly what they're going to do that we are told that a plan has been drawn up that will solve that. the delicate telegraph said to the bbc that we have a suggestion of custom zones which is an area 5—10 miles away from the physical border, now with large parts of goods are —— need checking can be checked and it's particularly releva nt to can be checked and it's particularly relevant to small businesses that are moving stuff back and forth. large businesses will not have essentially an exemption but there will be other suggestions put in place how they can pass through the border and have pre— checks. as a

sort of technology type solution and this was raised i2 sort of technology type solution and this was raised 12 months ago by a minister may‘s government, it wasn't particularly well received by the european union —— prime minister may. the daily telegraph has said it spoken to officials from three other eu countries who also don't seem similarly enthusiastic about this sort of your proposal which will be made official or public rather in the next couple of days. so again, we re the next couple of days. so again, were moving back and forward into the intractable problem that has become the backstop. the intractable problem that has become the backstoplj the intractable problem that has become the backstop. i suppose the crucial thing is the eu will not respond formally to the proposals until the proposals are published and put formally to them. absolute difficulty in the way that politics works, there has been enough soundings behind closed doors between officials both in the uk and in the eu so there seems to be some kind of movement but not sort of universally accepted. again it's

about this paid out —— how this played out and who is in favour on all sides. meanwhile, the opposition party positioning ready in case we see the current conservative minority government fall or lose a vote of no—confidence and these talks about alleges that the government of national unity happening behind the scenes. and the irony is the government of national unity, and of course this is as the three picture show, picture of disunity because a liberal democrats, on the left, doesn't get on with mr corbin so she would support him, and it's going back and forwards are on one hand the government ‘s proposals on a particular favour, the alternative for ca reta ker particular favour, the alternative for caretaker premise and no—one can figure out who that would be. jeremy, and would love to be himself head of a general election that i would have to be a vote of no confidence in mrjohnson first

before we even got to a caretaker disunity government. if that's what you would call it. let's focus on something a bit different. front page of the financial times. the saudi aramco listing, whenever it happens is going to be so... 0ne saudi aramco listing, whenever it happens is going to be so... one of the biggest if not the biggest ever and yet, they‘ re the biggest if not the biggest ever and yet, they're happy to try and move investors. they spent three is trying to get this company, this is the state energy business, they could do with getting evaluation of $2 trillion was up at the executor will be valued between one and 1.5 trillion. it is the managerfar will be valued between one and 1.5 trillion. it is the manager far back into own economy. question investors have been kind of lukewarm because of corporate governance issues, et cetera. and now it looks like the saudi government of —— have instructed a plan where is the ft says they're dangling a $75 billion a year dividend pay—out to investors

and sort attempted to say, in a world where there is... it's hard to find sustainable income from stock market companies, something like this is probably likely to tempt a lot of investors to support it. and saudi government is asking a lot of rich saudi families as well to also support the listing was not whether it happens this year, we've only got three months really of the year left, it might be a bit tight but i wouldn't be surprised if this was a flirtation that happens earlier in the new year. all the major stock markets around the world hoping will be the one chosen for saudi aramco to list. you have the... you have a lot of investment banks really jockeying to what would be a huge pay—outin jockeying to what would be a huge pay—out in terms of a fee, so it will be the premier listing of the year, premier listing on much of the last five years whether it's london oi’ last five years whether it's london 01’ one last five years whether it's london or one of the us exchanges or potentially could even be a middle eastern and forget the hong kong stock exchange. it's a fascinating

one if you follow markets. it is, is especially since most of the time we talk about these huge rotations and public listings, tech start—ups. here we are with an old industry company and what's interesting about this particular is at the current time with the oil price is kind of persisting at this lower level than it has been for quite a while. we have been in this 40— $70 range for the last five years or so, way below the last five years or so, way below the sort of hundred dollars servicing five years ago. so fascinating. finally, the sun, the front was up the controversial study saying actually cutting back on red meat and processed meat may may not —— may not be that beneficial. it flies in the face of widespread advice as we should cut down. absolutely, it's a great piece of news for the sun, hence they put it on the front. it's great if you love the odd bacon sandwich in the morning. the reality is that we

can't all be eating this kind of process red meat every single day of the year. because that's probably when it does begin to have serious health impact but is kind of good news if you like the occasional sausage oi’ bacon news if you like the occasional sausage or bacon sandwich. in the uk is still not even sick, which have a bacon sandwich or breakfast? -- not even 6am bus stop know, i had a cold piece of pizza left over from last night. that's the most osteo brea kfast of night. that's the most osteo breakfast of stain lives is perhaps there should be a study into the benefits of coal pits and the monitor stop for now, thank you very much. stay with us on bbc news, plenty more still to come. hello again. the average height of a uk

two—story building is around seven metres high. imagine then, just if you can for a moment, waves that are three times that height, at around 22 metres high. that's the kind of size of waves we're looking at generated by this hurricane, hurricane lorenzo, with its 105 mph sustained winds. now, lorenzo is tracking in a north—easterly direction, and those 22—metre—high waves are what we could see battering the western azores as we go through tuesday night, as that hurricane passes very close by. after that, it turns into a normal area of low pressure, and will end up probably close to the british isles, but there's still some uncertainty exactly where it ends up. our main focus here in the uk, however, is on the continuing flooding threat across england and wales, after the recent very heavy rain that we have seen, and the extra rain we've got that will fall through the rest of the day today. we've got rain with us already for northern england and northern ireland. heavy showers packing in across wales and south—west england. something a bit drier in scotland, but‘s also a bit colder, and there are still a few showers around as well. it's just that they're not as angry. now, through the rest of tuesday,

what will happen is these heavy showers and thunderstorms across wales and south—west england that we'll have to start off the day, they'll tend to push eastward with time across the midlands into east anglia and south—east england. these showers, well, they could bring around 30—110 mm of rain injust the space of a few hours. so, given that the ground is completely saturated, that rain could cause some localised surface water flooding problems and some quite nasty conditions out on the roads. apart from those heavy downpours, though, it is relatively mild in the south, with temperatures up to 19 degrees. but notice the green colours for northern england, northern ireland and scotland as the air continues to get colder. yes, there'll be some sun, and a few showers for northern scotland. now, overnight, the rain clears away from england and wales, so it will become drier. showers will feed in across northern scotland. but for many of us, it's going to be really quite a cold night. heading into the early part of wednesday morning, those temperatures will be well down into single figures, and indeed, in some places

in the countryside, there'll be a few pockets of frost. now, heading into wednesday, we've got northerly winds. that'll be pushing the colder air right the way southwards, reaching southern parts of england and wales. but at least it's going to be a dry day, and that will allow some of those floodwaters to slowly ebb away. not entirely dry, though. there will be some showers for northern scotland, and one or two sneaking down to affect the eastern coast of england — the north sea coast, really. a cooler—feeling day, temperatures in london at around 1a degrees. that's your latest weather.

good morning. welcome to breakfast, live from the conserative party conference in manchester, with dan walker. 0ur headlines today: plans to avoid a hard irish border. government sources say a new brexit deal is just days away, and that it is preparing to put it to the eu. while the prime minister focuses on policy, questions still remain over whether he groped a female journalist at a private lunch 20 years ago. we will have borisjohnson live on the programme later this morning. in other news, is red meat back on the menu? new research suggests cutting down on sausages and steak might be