infrastructure, education, and research. facebook will allow people to share their post with anyone on the internet. users have been limited to sharing information with their friends. forbes is now saying that there are 168 billionaires in china. they only had 113 on the list. there was only one billionaire a decade ago. >> the u.s. government shut down , but the international community is not all that confident. they said that washington's efforts to agree on a deal, they need more certainty and stability. christine lagarde urged the government to come up with measures that won't hinder the recovery.

let's start with japan. live for us in tokyo. >> just a touch higher after closing thursday .8% on news that congress reached a deal. jane's limited, the currency has been moving in a bit of a range. rarely any move in bonds and a muted stock reaction. limiting downside pressure on prices and strategists say that jg be yields will probably remain -- jgb yields will remain. this is a concern shared by many in asia, ahead of the development bank speaking yesterday saying that u.s. politicians need to be aware of the global impact of their actions. >> it is dominated by so much

[indiscernible] it is a kind of very serious issue for the world. we should continue to have a responsible attitude whether it is economic issues or political issues. >> the last time this happened a couple years ago, i remembered people saying they would buy less bonds. has there been an impact as to what asia might or might not do? >> it is hard to say. china and japan the biggest foreign holders of u.s. treasuries. there was an op ed by the china news agency this week saying it is time to consider the de-

americanization of the financial world. it is dangerous to leave that with a hypocritical country with dysfunctional elements. they don't have the same universal acceptance as the global benchmark. we might see the start of change as inter-asia trade expands. >> lending and investment. what we can do is try to use domestic currencies like yen. it can be as much is possible to come through those countries and involved countries like china.

>> we did see the dollar rising, ¥99. we are trading around 98. >> have a good day over there. we will talk about china. the same subject. at the same time, they are concerned. we will find out exactly what china is thinking. >> with the foreign ministry, they said thursday that the deal not only served the u.s.'s own interest but contributes to economic stability. they said they were also closely following china's exports and investments.

>> they will closely follow developments of the issue with other related departments. recovery of the u.s. world and economy in a stable policy environment. they believe they can solve the crisis in a timely manner. >> the global credit rating downgraded for u.s. sovereign debt, saying congress failed to solve that debt problem. and below botswana. >> they also talked about the americanizing the world. -- de-americanizing the world. does that mean buying different currency out there? >> probably referring to the idea of decoupling the growth of

the u.s. dollar by nations around the world. the dollar dependency concerns china as the largest holder of u.s. primary debt. there is $3.7 trillion of currency that is believed to be u.s. dollars. for china, overreliance on the dollar is risky. they can be held hostage with party and politics. china has no better investment option than the dollar. >> they be the euro goes from being the villain to the hero at some point the way this is going. there has been cautious investors worrying about the drama that could be repeated next year. >> shares in europe dipped after

news that the u.s. government was open for business and listed the debt ceiling. officials held it as the victory of responsibility over brinksmanship. >> we welcome the agreement that has been reached with a serious and large shadow to hang over the global economy. >> a default by the u.s. would have dealt a serious blow to europe. investors are seeking a safer haven. but interest rates would have soared, most likely returning the eurozone to the worst days of the economic crisis. and then there is trade. >> the u.s. has become the

biggest non-eurozone trading partner. which means an economic showdown , clearly something that would have impacted the eurozone. don't forget this tiny growth is mainly coming from -- >> it has a short shelf life. >> it could mean that we have another risk for europe, which is the tapering of the fed. there is only coming that things from the other side of the atlantic right now. >> europe exhales but remains vigilant knowing that the political and economic roller coaster ride is not over yet. >> we look at nuclear power and

clean energy alternative and how the u.k. power sector could be getting a boost from china, back in just one moment.

>> you're watching biz asia america at the nasdaq market site. the u.k. is taking extraordinary steps to boost the nuclear power industry. chinese companies can now own majority stakes in building britain's future nuclear power plants. richard has the story. >> the british chancellor saved his announcement for the last day of a weeklong trade tour of china. the british government said it is near to agreeing to a deal for french and chinese energy companies at this site at somerset to build the u.k.'s

first nuclear powered reactor in nearly two decades. they aim to renew the fleet of nuclear power plants and needs foreign investment to pay the upfront costs. china cgame is an investor -- ctn is an investor. it is just a start. alternately, they want to build nuclear reactors around the world. securing the approval of a western regulator, opening that ambition a step closer. >> it was not the only big- ticket investment announced by george osborne during his chinese tour. there is more spending going on. >> the british chancellor also announced working with the beijing construction group. it is part of a one point $2

billion plan for a new airport city. the centerpiece of the government enterprise and competing with other european airport cities. >> we will now have space and buildings across the world for those that want to relocate in manchester. >> it will be one of the biggest construction project in the u.k. since the olympics and creating extreme thousand jobs -- 16,000 jobs. re>> it is second only to china as in east asia. -- china's in east asia. vietnam's energy industry could be a boon for companies. in light of japan's 2011

fukushima nuclear disaster, safety fears remain. investment in clean or render mobile energy like wind and solar has been on the rise in recent years. that trend is starting with steam. $69 billion flowed into the energy sector worldwide, more than double 20 -- 2005 levels. china alone accounted for $65 billion, up 20% from the year before. it now lags behind oil and gas by a mere 25%. that growth has been tapering as of late. they look set for the second annual decline this year after an 11% drop in 2012. that is part because europe is pulling back on subsidies.

financial gas has been luring away investment in the u.s.. joining me now with more on global renewable energy is doug ballard, the executive director of the energy fund. thank you for joining us tonight. global investment in clean energy was $45.9 billion in the third quarter of 2013, down 14% on the second quarter of this year. by the looks of it, 2013 is going to be lower than 2012. we are seeing a loss of momentum. is this the beginning of a trend? >> absolutely not. i work on clean energy issues in florida. we provide financing for an assortment of clean energy technologies. we have seen the tremendous demand for these products and we are in expansion mode.

we see tremendous opportunity for growth due to the missed opportunities that have occurred. >> the global numbers speak for themselves. at 2011 was high, 2012 lower by about 11% and 2013 looks to be lower than that. is this not reflective of what is going on on the ground? >> you will see the price of renewable energy drop and become as more people have the wherewithal financially to make these investments, you will continue to see an upward positive trend over the longer- term. i do see tremendous opportunities for investment with energy efficiency and renewable energy alternatives. >> one of the issues that plagued the global renewable energy industry is the fact that governments have been reducing their subsidies.

the economy has been taking a knock with the eurozone crisis and governments have been subsidizing the private sector step in. >> it is becoming more and more cost effective to make investments and there is a misnomer that clean energy costs more than traditional sources of power. they do not need any type of a government subsidy. the initial cost of the investment, i will give you an example. led lights are a no-brainer. the return on investment, they are able to reduce their operating cost can be achieved without any subsidies at all. the price of these assorted technologies continue to drop and you see less of a need to have those government subsidies.

>> the renewable energy target says it should get -- is this a trend we can expect to see in other parts of south america i? >> i am not an expert in south america, but the government subsidies are going to be going away. but that is not going to close the markets down. they are needed initially to kickstart and open up these markets. they are already seeing a need for subsidies. >> what areas of the energy field are attractin the most investment? which sector is the sector du jour at the moment? >> it depends on the geographic area you are looking at.

in florida, it is energy efficiency and led lighting. solar lighting and solar photovoltaics. they are seeing a much rater investment in wind technologies. >> which public companies in the u.s. have had the most success? >> could you repeat that? >> which public companies in the clean energy sector have had the most success in the u.s.? >> what i am seeing right now is the lighting where it is booming. we are seeing a tremendous amount of investment in energy efficiencies. when we talk about clean energy, we want to reduce our energy consumption before we begin to provide new sources of renewable energy. the efficiency market is where we need to begin this discussion.

there are billions of dollars of energy savings that can be accrued in florida alone. i think there is a $279 billion investment opportunity and i think we will see those areas continue to grow tremendously as part of the solution. >> we will have to leave it there. thank you so much, doug towell. in a few minutes, we will be looking at the ramifications of washington's political brinkmanship. including how to countries reacted to the fear of the government shutdown and the raising of the country's debt limit. stay tuned.

>> here we go on the last lap. a quick look at the top stories today. we will start with u.s.ppresided that it inflicted non--- that the shutdown inflicted unnecessary damage to the economy. the u.k. government will allow a chinese company to own a majority stake in a nuclear power plant. george osborne announced the deal on the final day in china. for more about reaction, this is getting underway. advising caution as to what might happen. we are joined live from hong kong. >> markets are waiting to see where the forecast for china's growth roofed accurate. the national bureau of

statistics in beijing, analysts expecting an uptick in 7.7% for the third quarter, up .1% from the first half of this year. china's economy is still on track to be the governments 7.5% growth target for the year. some say they are still worried that slowing exports could lower growth in the fourth quarter. slightly lower, breaking seven straight days of gains. here in hong kong, shares marking ahead of china gdp but starting today up .5%. in corporate news, warning over declining chip sales in the world's biggest contract chipmaker. tsmc says mobile phone makers are cutting back on new product launches as high-end smartphone sales slide. a surge in gadget sales helped

the third-quarter profit grow more than five percent. it expects big customers like apple and samsung to order fewer new hearts. here in -- new parts. here in hong kong, suspected currency manipulation. regulators are examining electronic messages between currency traders to see whether they colluded to manipulate 5.3 trillion dollars in foreign exchange trades. media reports suggest they center on a group of senior dealers and big banks coordinating activities through electronic chat rooms. the group was known as the cartel and the bandits club. that is the latest from hong kong. looking for gdp figures from china, back to you. >> i am curious which banks were involved and i am sure you will tell us later. the workplace is stressful for

most if not all of us. y karaoke. some play a game call freeing. in hong kong, giving stressed- out workers a chance. >> 35 on the clock, guys. alarms are going off. did you find them? >> find the pile of beads. do you see anything there? >> when do you expect to break even? >> for the breakeven, i think it is already breaking even. we expect different investments. >> we have lots of company here. >> there is one charge we can

ask for now. >> how do you keep this hire as -- high res? are you not intending to raise ticket prices? >> we want to provide the different charges for the topic. for people in stressful cities. it will not be too high. it will be more quality. >> there is more here. and a message. you are not using my tooth. done advancing companies like png just to name a few.

is there a growing number of corporations wanting to do business with you as opposed -- >> employees want to solve problems and cooperate with each other. that is exactly what they are doing. >> this one is for keeps. >> what is next? >> taiwan, korea, india, asia countries. >> i think i found the door. but where is the exit? >> cctv hong kong. >> we know where she is now the last couple of days. maybe a walk on the beach will help relieve stress.

a sigh of relief after the debt ceiling. they are much less stressed and much more relaxed. everyone was happy and we see the return of the newborn baby daughter at the zoo's live stream. that makes people happy, the panda cam is back on because the government is back on again. he got a little fatter, but still very cute. i think you agree. for michelle, i am philip in washington. thanks for watching this evening.