people of hong kong. the whole world has a stake in a peaceful and just resolution in hong kong. the passage of the human rights and democracy act is an important signal that this congress, democrat and republican alike, house and senate, considers hong kong's freedoms and autonomy a critical interest of the united states and the international community. in hong kong, they encourage each other to keep pressing orward with the phrase -- with a phrase. today i say it to all of you in hong kong. your cause is a noble one. you will not be forgotten. i reserve the balance of our time. the speaker pro tempore: the gentleman reserves. the gentleman from new york is recognized. mr. engel: it is my pleasure to yield one minute to our speaker of the house who has been very, very active in hong kong freedom, the gentlewoman from california, ms. pelosi. the speaker pro tempore: without objection, the gentlelady is recognized. the speaker: thank you, mr. speaker. i thank the distinguished chairman for yielding, a salute h

this is not the hong kong that any of us want to see. the special character of hong kong is one of the world's great success stories. the vibrancy of the people of hong kong, especially its young people and the rising generation of leaders standing up for democracy and self-governance, should inspire all of us. we admire hong kong's success as a bush johning economic -- burgeoning economic powerhouse and we admire the society and civic life that has flourished under the one-country, two systems principle. hong kong is one of the remarkable success stories of the indo-pacific, one of the most remarkable success stories of the china and chinese people, and it is a success worth protecting. so i call on the police to act professionally and to treat its fellow citizens with respect and restraint. we call for beijing and the hong kong authorities to address the legitimate aspirations of the people of hong kong and in these turbulent times the congress of the united states must lead with our values. we must stand on the side of freedom and huma

it's the ultimate future of hong kong. ng and obviously from the mainland's point of view, whou would like to integrate hong kong more into the motherland, so to speak, but from the hong kong people's point of view, they would like to be served their legacy, their rather unique institutions, their rather unique identity and that kind of mutual accommodation originally was intended to survive under one country, two systems. there were lots of instances which haven't been met and i wonder if you would take some personal responsibility here for the growing feelings of alienation and disaffection in hong kong because after all, from 2012 until 2017, you were a de facto minister of transport and housing in the hong kong government and housing in particular has been a totalfailure in hong kong. many young people have no prospect of ever having their own home, such is the housing crisis and the unaffordability of housing. you said you would fix it, you didn't and you, if i may say so, are one of the reason why young hong kongers f

politicians we do have to responsibility but after all i think their greatest responsibility is the hong kong government south and this is a project of the british government calls for a meaningful dialogue between parties with the critical political tract to protect the rights and freedoms set out in hong kong's basic law are you capable of opening meaningful dialogue from what you've told me so far you know or tell you what i believe the 1st criteria of having a sincere and meaningful dialogue would be the hong kong government itself trying to be sincere well last time when they were in fact he did in unison a dialogue they're trying to have it privately they're not willing to make it public and to invite other stakeholders in there and even when they're trying to start i come back to that point it could have been the start how could have been a start when they're not being sincere we do not believe that would be any kind of meaning for consensus made in a dialogue when they're trying to arrest our fellow protesters when they're trying to put us in jail how can we believe that there would b

tactics to end the protests we are very clear that what the aftermath would be and i believe the majority of hong kong would like to take the risk in norther to you know that in this change of the better future of hong kong but don't you have a responsibility to try and find a way back which preserves and strengthens what you already have instead of risking a crackdown in which you could lose everything i believe we do or i mean for the actor and pro-democracy politicians we do have to responsibility but after all i think the greatest responsibility is the hong kong government south and this is a project of the moment the british government calls for a meaningful dialogue between parties with a critical political track to protect the rights and freedoms set out in hong kong's basic law are you capable of opening meaningful dialogue from what you've told me so for you not tell you what i believe the 1st criteria of having a sincere and meaningful dialogue would be the hong kong government itself trying to be sincere well last time when they were in fighting student unions to the dialogue they're trying

whole movement now except that it's time to make a deal with the hong kong government before the true becomes impossible. choice to welcome to conduct some fresh air if it's wrong for the hong kong police to use violence what is right for the demonstrators to use. well 1st of all i don't think the level of use by protesters are based on de intention to attack anybody i believe the intention of using followers is only to protect ourselves because saying that the police had been beating a protest. without a reason when the police are you saying they return it yes but they do more than return down to october 20th we have a group of hardcore protest and throw petrol bombs at the station police station doubles in retaliation we can only go one protest a stud a policeman with a box cutter we have a homemade bomb which went off on the roadside by the grace of god didn't hurt anybody or kill anybody it's that kind of violent crime talking about well what's the justification well i believe that justification is because when protesters realize that peaceful demonstrations or march are n

berlin is joey you a pro-democracy activist and spokes person for a number of student unions in the hong kong shouldn't the whole movement now accept that it's time to make a deal with the hong kong government before that too becomes impossible. george to welcome to conduct some closure if it's wrong for the hong kong police to use violence what is right for the demonstrators to use and well 1st of all i don't think the level of those used by the protesters are based on day intention to attack anybody i believe the intention of using policy is only to protect ourselves because saying that the police had been beating up protesters without a reason when the police are you saying they returned it yes but they do more than . 20 years we have a group of hardcore protesters throwing petrol bombs at the station police station but it wasn't retaliated. we currently are one protester stabbed a policeman with a box cutter we have a homemade bomb which went off on the roadside by the grace of god didn't hurt anybody oh killing the body is that kind of violent crime talking about well or what's the justi

talk to well back in june the chief executive has tried to approach to several student unions the hong kong and we had rejected her offer because she requested a private meeting with some of the student to hong kong which which is not even representing all the students in hong kong it would be a start wouldn't it it would have been a start it won't be a start it will only be a end to our movement because back in 2014 we see that caroline tried to talk to some of the student leaders some of the leaders of the umbrella revolution however what we got are 30 after the dialogue was that. was to crackdown after our movement and then carolyn did not fear any of her any of her promises in the dialogue and we felt like especially in this leaderless movement it's very important for us to have a public dialogue with as many stakeholders in a society as possible at least we cannot only have the student activists talking to kerry land ok we have to include are the stakeholders you've put forward 5 principle demands of the hong kong government you and your fellow activists that the government has only ad

theis the conflation of hong kong protests with the hong kong stock market even though the hong kongverwhelmingly chinese onshore companies. uncertaintytinued around trade between the u.s. and china. last but not least, the inclusion of china into the msd i index has opened channels for foreign investors to take a new look at foreign markets, so demand may be relatively higher. for all these reasons, the discount exists and may be great for investors who have access to the onshore market as well as the hong kong market to do analysis and make sure they are buying in the right market. paul: one particular stock we are looking at very closely today is alibaba. 176pricing coming in at hong kong dollars. alibaba is not going to be traded in china, but is that an example of the hong kong discount as well? wax i don't think so. we need to step back for a moment. the big story is that this is the most important technology in china for the last decade. locally having access to this technology company. that would be like the u.s. not having access to amazon. the big story is that alibaba fina

basically, i think the hong kong law is status, the basic still intact. what makes hong kong a positioned to offer the opportunities that many international investors would like to have, especially for access to the chinese market. yvonne: have you seen a visible outflow of capital and do you foresee any pickup if these drag further? howard: as far as outflow is concerned, in the past few months, hong kong has probably the most transparency in the world because we operate the currency system. if we have any outflow from the hong kong dollar, we announce it almost on a real-time basis. you can see it on your bloomberg terminal, so we have not seen any outflows from the hong kong dollar since april of this year so the unrest started from june, so there's no outflow from the hong kong dollar in the past few months. we also look at other metrics. say for example, dollar deposits. it is actually pretty stable in the past few months. yvonne:yvonne: how would it affect the banks? do you see that hurting asset quality? howard: not really. in terms of asset quality

the bobby issue. this is where it. was 77 percent this weekend on g.w. . last sunday's election in hong kong may have been strictly local but it sent a signal straight to the heart of made land china in the face of an increasingly violent standoff between 12 democracy protesters and hong kong's beijing backed government a record number of voters turned out for the poll and handed a landslide victory to pro-democracy candidates for the city's local district councils the resulting defeat took hong kong to be legal government by surprise and up the pressure on beaching will that make a crackdown on the protesters more difficult or more than likely hong kong elections wake up call for b.j. . our top. mother. welcome to to the point we've invited 3 highly knowledgeable guests to exchange views on what the hong kong election result could mean hunks when lead born in hong kong works for 5 years at doj of ella as a t.v. reporter and also on our china desk and she says what happens in hong kong should be a wake up call for the whole world the chinese regime is a danger to all free societies. which is

trump signing off on the hong kong bill. we have had reaction from hong kong. s is meddling in the internal affairs of the city. also saying it will put a strain on ties between hong kong and the u.s. we are looking ahead to what the retaliation will be from beijing. they have promised to push back with their own countermeasures. will they retaliate is the question. david: that is a good point to make. cash markets opened up here. 50 word statements out of the white house. may have changed the complexion of markets as we wrap up 2019. yvonne: those risk assets taking a hit given the knee-jerk reaction. howere just talking about the u.s. records that were sent when it comes to the dow and s&p as well as the nasdaq. third quarter gdp. things took a turn around. asia, tough to follow that track record. u.s. futures down a third of 1%. the offshore bremen be weakening. beensteady that we have talking about leading up to a phase i deal being signed soon, that cracking trade we are off from the lows of the session. japanese yen out of the six month highs we have been

the u.s. just has passed in relation not only to hong kong but also the. a hong kong human rights and democracy act that would sanction officials responsible for human rights violations and also makes economic relations with hong kong conditional on the u.s. secretary of state certifying that hong kong remains autonomous from china would you say that kind of pressure is helpful and should there be more that for example also from europe from germany i think is very a really helpful because right after the bill is passed and both of parliament and the u.s. . chinese authorities were furious 7 different organizations from the authority have spoken as like a combo they skip saying that they regret that bill was passing something like that and i think if the european union or germany will at least propose some legislature or some policies like that this kind of gesture showing that we're not going to tolerate chinese violation of human rights would be very helpful in terms of the hong kong situation or those i think my thought annoyed teams in china because it's

under the basic law, hong kong since the handover in 1997. ic law, if hong kong since the handover in 1997. under the basic law, if the hong kong government feels a situation is getting under control — out of control, perhaps there is a natural disaster, they can call on the hong kong soldiers of the pla to help. what happened on the weekend is it seems the official story is that the soldiers were actually performing voluntary duties, that they went out on the street voluntarily, a cherub charitable thing to clean up the streets, the debris left behind when the barricades were overthrown. at the same time it seems to be a rather soft warning, a reminder to the protesters that the garrison is there, and if things get out of control, then perhaps amazing may not be afraid to use those soldiers to try to keep control of hong kong — beijing. to try to keep control of hong kong - beijing. quite a significant move on the facemask band? yes, back in october, carrie lam used emergency powers a bit like the british colonial governors had which had, she

not from the hong kong police, who a re clearly not not from the hong kong police, who are clearly not but it's going to have to come from the military, from the chinese military, 12,000 of whom are currently based in barix in hong kong. is that something that you could contemplate? i think carrie lam and herteam could contemplate? i think carrie lam and her team made efforts to address the problem. first, she suspended the extradition bill, then she has withdrawn its, and she also, you know, made what she called four major actions, you know, made what she called four majoractions, including more you know, made what she called four major actions, including more than 100 engagements with the local people. but the universal suffrage, it's not, you know, something to welcome in the blink of an eye. you know, you have to go through a legal process. the central government is committed to universal suffrage. if it were not for the opposition to veto the political reform plan in 2015, there is already universal suffrage by 2017. with respect, there isn't anything like universal suffrage. for

hong kong competitiveness has decreased in hong kong has not been stable. it is bad for hong kong. from thepose hong kong independence, which is very clear. for the hong kong side, if they could carry out the real average, the whole hong kong people would come down. -- calm down. what is your path to the presidency now? >> the democratic progressive party has strongly criticized, slandered, and even smeared myself and my family. this has been the dirtiest election in hong kong's democratic election history. it if theyot need had an overwhelming lead at the pole. .- poll continue taiwan's ambiguous unresolved status. with relations between the u.s. and china as they are and countries increasingly being pushed towards choosing aside, how long do you think taiwan can continue in this ambiguous status it currently has? >> we will continue to rely on the u.s. on international issues and national defense issues, as we share the common value and system of freedom and democracy. secondly, we will maintain the peaceful cross trade relationship. thirdly, we have to have a dialogue mechanism. it shoul

the bbc‘s nick beake is in hong kong. first of all, this bill signed by the president overwhelmingly approved by congress, what is actually new here? what difference will it make? well, mike, it will make a difference in that every year they will have to be... i tell you what, as i talk, let'sjust walk this way, because we are on the campus of the trashed polytechnic university, and what is happening behind us, you will be able to see that there are emergency teams here, with police and fire service, they are going through all the stuff that the protesters have left behind at the protesters have left behind at the end of what has been a ten, 11 day siege. and there's lots of petrol—bombs that they have been working through. so while this activity is taking place, people are also taking on what has happened in washington. basically, what will happen, every year the americans will look at hong kong and i'll try and assess whether or not beijing is eroding essential civil liberties. it's been met with a furious reaction by be

so people can hong kong do need america but we need the people in hong kong. over there, people are fighting for their homes. if we ignore their struggle, we make be doing the same thing in the not-too-distant future. hong kong is the frontline of freedom. there's another frontline, south korea. he's doing his best to end democracy and south korea. more important, he's working to end south korea itself. that's the state he was elected to defend, thus the state he took an oath of office to defend. we have to think about on august 15 of this year. seventy-first anniversary of the founding republic of korea, 1948. he gave the address to the nation but he managed to not talk about the state that he leads. instead of talking about the 71st anniversary of south korea, he talked about the centenary of the founding proclamation of the government of korea. that never existed. in 1919, korea had already been annexed by japan. so why did he do this? why did he talk about the provisional government? the provisional government tended to govern all of korea. it's a korean na

there are the protesters in hong kong. there a re lots of the protesters in hong kong. s from that. ageing is unlikely to be happy. in the last few minutes we've got a response from the hong kong government and i just got a response from the hong kong government and ijust bring it you ina government and ijust bring it you in a sentence. it is the hong kong government it strongly opposes and regrets the us president's signing, backing the protesters. a controversial move out of the us with ramifications in beijing and hong kong, and the hong kong government responding there saying it is not happy at all. the writer, broadcaster and critic clive james has died. he was 80 and had been diagnosed with leukaemia and kidney failure a decade ago. he was known for his sharp humour in both his writings and his television programmes. 0ur correspondent david sillito looks back at his life and career. # hello, clive... welcome once again to the bbc's first deregulated, lead—free, self—financing, fully—sponsored tv programme. for your protection, the entire show has been pre—boiled fo

we will be watching very keenly the start of trading in hong kong after the chaos in the streets of hongong yesterday that saw one man shot. lots of chaotic scenes right around hong kong. plunge at one point for the hand saying, the most in over a year. let's get the first word news with jessica summers. jessica: thanks. sterling jumped as brexiteer leader nigel farage pledge not to fight the ruling conservatives next month's election. the pound rose the most in three weeks after farage said he would concentrate on stopping the opposition labour party. the bookmakers say that makes prime minister boris johnson the favorite to win next month, possibly with an overall majority in parliament. u.k.'s ruling conservative party says it sees no reason to extend my carney's term at the bank of hollande despite a brexit and snap a luncheon turning look for a new governor in confusion. the successor was expected to have been named by now. that won't happen until the pole on december 12, but chancellor says there is no rush. >> there is no need for an extension and the term of the governor of bank.

the u.s. bill's intervention in hong u.s. pass the all hong konge joint declaration to give hong kong special ted is because of the -- special status. what we've been seeing in recent years is that there is really we're really moving towards one country, one system. there is a lot of intervention in the elections in particular. basically, you see the hand of the chinese very heavily affecting the result. i'm sure this time they also did that but it is because of the phenomenal turnout rate, 71%, which is totally unprecedented, and that has affected the outco me. paul: in terms of one country, two systems, 2047 was due to mark the end of that arrangement anyway. what hope is there for universal severed when that date looms deep on the calendar? lawell, actually our basic promises universal suffrage. we have been given a timetable earlier on. it is just that the mpc standing committee then made a decision, which in fact gave us really not genuine universal suffrage but some kind of a process where we will only be allowed to choose the candidates that

the u.s. is not interfering in hong kong's affairs the words they've used is unnecessary and wanted and would harm relations between hong kong and the united states they're also saying that it sends a wrong message the wrong message to the protest movement and people they're describing as violent protests now on thursday we have another rally being held in central hong kong and this rally is a protest that's being called the thanksgiving rally and of course so this is all about the hong kong human rights and democracy act in the fact that this has been signed on the day of this rally will no doubt attract bigger numbers for this this assembly and meanwhile the remnants of what perhaps was the most sustained challenge against the author it is in hong kong. university campus the search is going on there presumably the security forces old the authorities at least looking for evidence that could be used against those who are to be charged. yes montane a good number of people yesterday which is a wednesday teams from the university went in to look for the last of the protesters the people thought w

thank hong kong, thank the hong kong stock exchange in the past five years, hong kong's innovation, capital market reform has allowed for what was a regret five years ago to become a reality, to be able to achieve what we said five years ago, that if conditions allow, we will definitely return to hong kong >> alibaba joins the likes of others with dual rights or shares in the hong kong market so there's three of them, and that was made possible by reforms instituted by charles lee, the head of the hong kong stock exchange and he, too, was on site for the listing ceremony and this is what he had to say >> despite the difficulties, despite the challenges that we are going through here in hong kong, i am also grateful that despite the difficulties and challenges in hong kong, we hear people in hong kong. we people here at the hong kong exchange and at all the institutions that make this great city work, make this financial center work, they have all tried everything we can and they can to make it ready for alibaba to come home and i'm very confident that many other companies similarly

so they have formed very negative bias picture of the state of freedoms and human rights in hong kong. i would do the your colleagues in beijing say about how the hong kong authorities have have handled these protests because usually movie long is just you gave us destabilization of jonah whether it be the drugging of its population and all sorts of attempts to destroy it want to be in china it's not be the well has it or the common accusation of the west is china would intervene in hong kong would intervene in the heavy metal heavy handed way they would be a repeat of the solid can run events you know. they take has actually been exceedingly restrained in in their approach to walk the events in hong kong they are leaving it to us to resolve our own problems and i think we are resolved to use our own legislative and law enforcement resources to bring the current quizes to a close i think we won't disappoint critics who are looking to beijing to intervene in the heavy hand that men are so that they can accuse spading up breaking their promises in the sign up addiction declaration and i

we continue to see the protest .n hong kong disrupting we are waiting for the open in hong kong. seeing moves and bonds as well. just a touch firmer while the is showing a two-day gain. let's check in on stock movers. by 10%.e starting up the rbc says it could be this updated guidance giving the up growth trajectory this year. dragon quest walk registered more than 10 million downloads according to square enix. >> saudi arabia says that aramco's valuation is well below. the kingdom looks to ensure a successful offering. let's bring in our bloomberg expert. what factors played into this valuation? oil in is a story about the future for oil prices. a decade ago, we were double that. sincebeen about 10 years the executive said they were targeting to trillion dollars but it has stayed at for$50 million -- $50 level the last two years. they are seeing it below the $2 trillion that they had set. sell at looking to about 1.5%. for vehicles and cars changing from combustion engines to electric vehicles. of risk at the future for aramco and a lot of folks have said maybe this valuation was

the lifting of $850000000.00 out of poverty as the triumph of a brutal state that today abuses human rights in on kong the chief villain appears to be hong kong chief executive kerry lam joining me now from the new people's party headquarters and on kong is one of our cabinet ministers regina regina thanks so much for coming on the show before we get to what's going on in all kong how is it out who is the special administrative region going to be celebrating 70 years of china that will be flecked waiting ceremonies and celebrations as usual and the hong kong government work in sending a lot delegation to beijing to attend the. and various celebrations in the capital but new new fireworks because some people think that having no fireworks in on kong is a capitulation to the enemies of own goals really it's a great pity but i think there are strong security considerations considering that in the past 100 days there have been a lot of. outbreaks of violence attacks on in the ocean bystanders if you if you find somebody who would disagree with you you bash that person so in view of the potential for fights and the breakdown of law and order

reverts and will never be the hong kong we now know. kong is certainly never going to be the same if that's what you mean this situation is not going to be erased from history you mentioned the petrol bombs and the bricks being thrown at the police here are some other things that lead up to china's decision to amass some troops at the border we have people who are voicing their opposition to protesters being attacked on occasion being lit on fire one man was punched in the face simply for speaking in mandarin which is the language of mainland china we had a woman beaten and dragged by her hair again for voicing her opposition to the so-called democracy protesters we've had multiple lawmakers stabbed and like you said this is in addition to the rampant property destruction the offices of lawmakers regularly being destroyed by these so-called protesters and we have petrol bombs again being thrown up police actual weapons we have lasers that damage the police officers eyes being pointed at them which you know seems like nothin

hong kong, like the uk and other common lawjurisdictions hong kong, like the uk and other common law dictions has a 3—way separation of power whether courts have the power tojudge separation of power whether courts have the power to judge when the government complies with the law. china says they don't want that to be the case anymore in hong kong which would be a completely fundamental change in the way the legal system operates. of course i ask you this because you are a lawyer based there. a lot of people on the pro—democracy side i really concerned, they say that the independence of the judiciary is under threat, sojust independence of the judiciary is under threat, so just how important will records be as this crisis continues in the weeks and months ahead? the courts really play a key role in overseeing the behaviour of the government and making sure the government does not overreach and infringe upon those rights and freedoms that hong kong people enjoy and they treasure, making hong kong different from mainland china. if the court can no longer exercise that power that effecti

human rights and democracy act that's the remarkable achievement of all the hong kong is no match for a democrat or republican is the new bipartisan consensus from both the us administration and the congress is to stem of hong kong to pyro ties human rights and democracy and not be over right by the trade negotiation circle are trying to slide from hong kong so let's put all this in some context well what else are you hearing there about the reaction in hong kong obviously. rather is pretty pretty enthusiastic about it. well the pro-democracy movement will consider this a victory and lot of the ongoing protests have been here for around 6 months this is a small win but certainly one that they will embrace the government however has was just responded strongly objected to these acts now becoming law it says it deeply regrets the decision by donald trump to sign the hong kong human rights and democracy act they say it disregards the genuine concerns of the people here in the city and it also in defeat is in hong kong's internal affairs so the government here is pretty mu

brutal crackdown that the hong kong police have been implementing on thenths now. the point is it hasn't worked. carrie lam's strategy, she of course the chief executive of hong kong, representing the interests of beijing, ultimately she began with a strategy which was built on withdrawing the extradition bill, hoping that would quell the protests, the pro—democracy protests. that didn't work. she then clearly instructed the police to get tough. we've seen that that doesn't work. what's beijing going to do now? i think it needs the whole picture. it's not the — the problem is not the hong kong police. i think hong kong police is the most disciplined, professional, civilised police force in the world. if you compare what is going on in hong kong and also what is going on in the united kingdom, do you think a similar situation would go on and on in the uk? have you seen the pictures, the pictures of the policemen opening fire on the protesters? 0pening fire because they do it in self—defence. the problem with the british media is that you only focus on polic

or the program could the unrest in hong kong be the undoing of progress towards a u.s. china trade deal beijing has responded furiously to a u.s. vote calling for democracy in hong kong. government said it would do whatever was needed to safeguard its rule over the territory this after the senate in washington unanimously passed legislation aimed at protecting human rights in hong kong and threatening to revoke the territories special trade privileges with the united states in the event of noncompliance on kong shares ended wednesday morning in the red. 7 tenths of a percent. well. hang in taipei so the turmoil in hong kong has already tipped did interest session are there any estimates to what a protracted unrest is likely to do to hong kong's economy. well just as you mentioned the u.s. senate just passed the legislation to protect human rights in hong kong well if the bill is finally passed then it would lead to hong kong special through state has been revoked in which case u.s. would start of you hong kong more in line with mainland china so that is say that they hav

an open question what is not is the impact the constant firing of tear gas is having on the residents of hong kong even those who did not participate in the protests themselves. when kathy ju and patricia levy rented their green room apartment in hong kong suburb of 2 months the 2 roommates how did was a good deal price was reasonable and the building in good shape but now they wish they had never moved here coming along my nose off an itch is in my skin feels dry i feel very uncomfortable and i have diarrhea that usually lasts for a few days. and he'd go to the toilet a few times every night i hold hold hold out come out not kathy things that it is a consequence of the ga ga's don't moan has become one of the hotspots of hong kong's protests often clashes occur just below their window that night also that usually protesters would set up roadblocks here police would then come to remove them and they fire tear gas to try to catch the protesters so the could be similarly good. due to the tense atmosphere in the city they do not want to show their face and ask us not to reveal their ian names but wil

the last 20 years. scenes like these are being repeated across hong kong tonight — the new, very young faces of hong kongis, will any of these victories have an impact on the hong kong government, or on beijing? earlier i spoke with lo kin hei, vice—chairman of the democratic party, who was re—elected as councillor for the southern district for lei tung ii constituency. i asked him what he thought of the election results. i was surprised with the turnout yesterday, because a lot of hong kong people, theyjust queue up in the morning, early in the morning and then they don't mind queueing for one hour or two hours to actually vote. and this is the greatest turnout in hong kong election history, so i think we appreciate hong kong people's effort in making it to the ballot, but of course we know that this result comes from a lot of suffering, a lot of sacrifice from a lot of people in the past half a year, so we are on one hand happy with the result, and oi'i one hand happy with the result, and on the other hand we are sad that we need that result so dearly now. on the other hand we are sad that we need that

i'm sharanjit leyl in hong kong. the headlines: a pro—democracy landslide in hong kong's district council elections sweeps aside the pro—beijing establishment. turnout was more than 70%, the highest ever recorded in any hong kong election. our correspondent witnessed an upset. well, you can hear all the excitement here, and that is because a 23—year—old democracy activist has just unseated a pro—government incumbent who has held this seat for the last 20 years. i'm kasia madera in london. also in the programme: leaked documents seen by the bbc reveal the extent to which prison camps in western china are used to brainwash the muslim uighur minority. the billionaire former mayor of new york michael bloomberg announces he wants to run for us president as a democrat. good morning. it is 1:00am in london, 8:00pm in new york and 9:00am it is 1:00am in london, here in hong kong, where the pro—democracy parties are on course for an overwhelming landslide victory in local elections. with about half the vote counted, the pro—democ

interfering in the hong kong elections. ficial beijing response to this is that it does not change anything as far as hong kong is concerned, but it does change the sentiment, will bolster those on the ground in hong kong. from the relevance of that, remind us where this is going, in terms of where we go next with the protests, what they hope for, what does this change? property prices are down 30% month over month. unemployment finally tipped above 3% in the last print. consumption is down 3.5%. tourism is down 20%. the economy is hurting, for sure. do to get relief in the tensions in hong kong is going to be good for both the economy and the trade negotiations with the u.s. we see data coming through out kong, their trade deficit is expected to widen slightly last month. pmi coming in for china on thursday. that will be a pretty big print as well. shery: we have yet to see president trump sodding human rights and democracy act. what will that do to u.s. china relations? kong, their trade deficit is expected to widen damien

are investigating c g n the chinese international channel for bias the western media coverage on the hong kong events have certainly been highly biased in our view you know there have been a lot of description of the events in hong kong as police brutality whereas actually although the poachers have taken place for over 100 days there have not really been serious injuries and no fatalities compare with the way west than police hendo the los angeles riots in the 970 s. occupy wall street in 2011 and the london riots in 2011 also in 5 days there were 5 deaths several 1000 arrests that whereas at home call we have over 200 policemen injured maybe a similar number of members of public also injured but really no serious injuries and no fatalities yes but arguably in london when there were riots the authorities here doubled down and they created austerity where is you know on kong it seems to be one cave in after another to protest as you called off the legislation very legal unity with china back in 2012 you called of education curriculum changes because of protests why is it the hong kong authorit

the bill will now go to the house of representatives the hong kong government has rejected the bill demanding the u.s. stop interfering in the city's internal affairs these rights are being protected by the basic law hong kong article 4 basic law protect human rights and we have seen that with all these rights including rights given to anybody working in hong kong reporting in hong kong so these are all self interest to do so i don't see there is any that reason for changing that and that's that explain why in our statement we strongly sort of object to any attempt by any country try to sort of inference hong kong's own interest district elections will be held in hong kong this weekend the government has not ruled out postponing that if there is more violence clock al-jazeera hong kong. well let's now get the thoughts of our guests joining us from beijing is honor tangan he's a political analyst and advisor to the chinese governments on skype from hong kong david swank to rex there of transnational china consulting ltd and in london benefit bridges h

is that expected to improve in the hong kong exchange? ge when the quiddity in the u.s. -- liquidity in the u.s. was a quarter of hong kong's whole liquidity. that will definitely improve the liquidity of hong kong. interest inot of chinese champions in this market. for joining so much us. abu dhabi is planning to pour more than a billion dollars into aramco. we will have details. ♪ asia."his is "daybreak shery: let's get a check of the business flash headlines. westpac is facing more pressure. investors are urged to go against the report in the reelection of tucows keyboard members. board members. ant financial is said to be raising funds to invest in startups. on digitalcus payments and online finance growth to strengthen mobile internet market positions. players such as paytm, and has invested in 60 companies. shery: one of china's biggest drink companies is weighing an ipo that could raise a billion u.s. dollars. bloomberg has been told they are working with advisors for the share sale. the offering could happen as soon as next year. t