. >> they did not only just trade barbs, that traded failed pitches to the other 19 apec nations. prime minister of singapore actually said apec nations at some point are going to have to choose between china or the united states. that's where we have gotten to. mike pence pretty much put a line under the underline, if you will. that is saying we're not going to change our course until china changes its ways. yousef: our chief north asia correspondent. let's bring in hanna anderson. she joins us from our hong kong studio. investors were for the most part moring for hope. there is the possibility of more gains in politics. >> this is perfectly in line with what we have been expecting. i think this is an appropriate preview of what is to come in 2020 when president xi and trump sit down to discuss trade. there is no easy offramp when it comes to this conflict over trading practices and it will continue to buffett the apec region. i think investors are starting to factor that in. the apec summit is a pretty good indicator of what we can expect going forward. >> we were talking earlie

papua new guinea is the poorest of all apec nations hosting this event. has come from australia and china, to build things like venues and roads. a lot of these roads have been builtjust for this event, like this highway over here just this event, like this highway over herejust built for apec. this event, like this highway over here just built for apec. even this event, like this highway over herejust built for apec. even bus stops. but whatever couldn't be built was shipped in. i can see the boat from here. there is. this is home for the next few days. the pacific explorer. i have never stayed on a cruise ship before for a summit. part of the reason why they put us on this ship is because there are not enough hotel rooms in the city. the other reason they are holding the event here is security. port moresby is considered one of the most dangerous cities in the world and, look. they have sent in the australians, the kiwis, the american navy boats for this event. so this is where i am going to be staying for the next couple of days. this is what it looks

so how do smaller apec nations choose between the world ‘s two largest economies?ose between the world ‘s two largest economies? one of those countries is she let the host of next yea r‘s summit countries is she let the host of next year's summit in 2019. earlier i sat down for an exclusive interview with its president and asked how the trade war is impacting his economy. china is our latest trading partner, the us is the second—largest. and this tariff war between the us and china is affecting both the us, the chinese and the whole world. we hope that they will retreat because a tariff war is not good for anyone. you never know how they start and you never know how they start and you never know how they start and you never know how they finished. we have an international crisis in 1929, we reacted the worst possible way by trying to protect ourselves instead of trying to expand through trade. i think that free trade is the best way for china, for the us, for the world. taking a look at this chile's move tojoin for the world. taking a look at this chile's move to j

yvonne: what does this mean when it comes to other apec nations or more developing countries in the regione we at an inflection point where they have to make a binary choice between washington and or beijing, or can they stay in the middle? eswar: many countries in asia and elsewhere in the world i think are going to try to diversify the relationship. neither side would like that. both china and the u.s. would like the choices to be binary and for countries to choose them, of course. the reality is given these are the two biggest economies in the world, for many countries these are two very important trading partners. it will be difficult to cut them off. particular, they face a sense that the u.s. could be seen as a trusted ally who can watch their back seen as a thing of the past. they cannot afford to back off from china. they have to stay. even though they may have security and economic concerns about getting too close to china. the reality is they have no choice but to get somewhat deeper into the embrace of china without going too far such as they alienate the u.s. david: how do you

lending business , asthe shakeout going on well as the theme of digitization at apec in the global economy among the 21 member nationsto welcome the founder and ceo of one of the such leading platforms in china. thank you for joining us. we were just talking about the shakeup going on in p2p lending. there were so many platforms that rushed to market. some of these were due to fraud or other reasons of regulation. how do you see the shakeout playing up? >> we offer much more than p2p. today, we are a fintech company, covering marketplace lending, insurance technology, and so on. the marketplace industry -- l ending industry and china is experiencing a cleanup. the marketplace going forward will definitely benefit industry leaders. stephen: how do you expect this to be a consolidation? g: work with leaders very -- we work with leaders very closely on industry practices. stephen: have you seen many platforms hit by higher than expected default rates? have you seen the risky nature of p2p lending? ning: the chinese economy is slowing down, but the quality of growth is much better. summit, we are going to talk about incl

nation. greece. abuja nigeria leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea tension between the us and china dominated discussions canada's prime minister blamed disputes between member nations of the trade we had a broad consensus on a wide range of issues the apec gathering is one of different countries from a similar region with very different approaches on governance and government but there was broad agreement on how we need to support our citizens and work for it towards better cooperation. but i don't think it'll come as a huge surprise that there are differing visions on particular elements in regards to trade and those are prevented there from being a full consensus on the communique document government leaders in tanzania have some two hundred thousand tonnes of nuts on their hands the government has bought the entire crop to try to end the price dispute between farmers and traders and i'm serious catherine sawyer reports the army has been brought in as processing workers a sent home. di ness number is have a sting the la

nation. nigeria. leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea tension between the us and china dominated discussions canada's prime minister blamed disputes between member nations of the trade we had a broad consensus on a wide range of issues the apec gathering is one of different countries from a similar region with very different approaches on governance and government but there was broad agreement on how we need to support our citizens and work for it towards better cooperation. but i don't think it'll come as a huge surprise that there are differing visions on particular elements in regards to trade and those are prevented there from being a full consensus on the communique document government leaders in tanzania have some two hundred thousand tonnes of nuts on their hands the government has bought the entire crop to try to end the price dispute between farmers and traders and i'm serious catherine sawyer reports the army has been brought in as processing workers a sent home. day ness number have a sting the last of not crop that

he's joined other asia—pacific leaders in pushing free trade at this weekend's apec summit in the pacific island nationoday is going through major development and transformation and change. while economic globalisation surges forward, global growth is shadowed by protectionism and unilateralism. president trump has stayed away from the summit, instead sending his vice president, mike pence. he's been defending washington's trade war with china — saying it won't end until beijing changes its policies. they have tremendous barriers and tremendous policies and they engage in quotas for technology transfer, intellectual property theft, industrial subsidy on an unprecedented scale. such action has contributed to a $375 billion trade deficit with the united states last year alone. as the president said today, that has all changed now. we have taken decisive action to address the trade imbalance with china. we put tariffs on $250 billion of chinese good and we could more than double that number. but we hope for better. the united states, however, will not change course until china changes its ways. the un say

nations. for the first time since the apec meetings began 25 years ago, leaders failed to agree on a final declaration. at ten o'clock mishal husain will be here with a full round—up of the day's news. first is time for our world. this is a story about justice and honour. qandeel baloch was a girl who rose from nowhere and became pakistan's social media superstar. her highly provocative videos shocked many in pakistan, but brought her fame. two years ago, qandeel was murdered. her own brother said he had done it because she brought shame on the family. at the time of the murder, qandeel‘s parents wanted justice for their daughter. amid an international outcry, the pakistani government quickly passed a law against honour killings. my name is hani taha, i have reported on this story from it's very beginning. two years on from her murder, are we any closer to justice for qandeel? in the city of multan, in the punjab region of pakistan, the trial of qandeel baloch‘s murder is entering its third year. qandeel‘s elderly father and his lawyer have been coming to the court since the trial began in 2016. it is

chinese president xi jinping was among the guests at the apec conference hosted by this south pacific island. but it's an extremely poor nation and there's been growing anger at the expense of it all a fleet of luxury cars was bought by the government in which to ferry round the dignitaries some local residents claim they're living in tents after their homes were demolished to make way for a new road the government has reportedly promised to pay the security personnel for their work at the summit but that hasn't ended the un rest tires have been set on fire in the capital port moresby and there are reports of looting a heavy price to pay for a summit that failed to reach a trade agreement between the u.s. and china and which is left this nation with little to show for it. a volcano in guatemala has begun erupting violently sending out dangerous flows of love on ash and putting thousands of lives at risk the volcano fire as it's called killed some two hundred people and destroyed several villages when it erupted back in june on thousands of people have been evacuated now from vulnerable areas. pillars of love a thousand meters

nations. for the first time since the apec meetings began 25 years ago,

apec summit have failed to agree on a final statement up to two days of meetings in popular new guinea tension between the us and china dominated discussions the canadian prime minister blamed disputes between member nations over trade. we had a broad consensus on a wide range of issues the apec gathering is one of different countries from a similar region with very different approaches on governance and government but there was broad agreement on how we need to support our citizens and work forward towards better cooperation. but i don't think it'll come as a huge surprise that there are differing visions on particular elements in regards to trade and those prevented there from being a full consensus on the communique document. stay with us story under tell us with more from port moresby. there are always disagreements behind the scenes of these sorts of summits but normally by the end publicly a document is published that all the leaders can put their names to it's called a communique and it's normally a pretty bland piece of paper that is a lowest common denominator reflection of things they can agree on the fact that this apec summit has not been able to produce a communique has not been able to produ

minister blamed differences over trade for the disputes between member nations we had a broad consensus on a wide range of issues the apec gathering is one of different countries from a similar region with very different approaches on governance and governments but there was broad agreement on how we need to support our citizens and work forward towards better cooperation. but i don't think it'll come as a huge surprise that there are differing visions on particular elements in regards to trade and those that prevented there from being full consensus on the communique document all right still ahead on edges you know when we come back at teenage formula three driver survived a horrible crash in china coming out of its war without any. farther. we know the culture we know the problems that affect this part of the world very very well and that is something that we're trying to take to the rest of the world we have gone to places and reported on a story that it might take an international network for months to be able to do in united nations to be part of the flow of anti-riot. we are challenging the voices were challenging

hope that yemen's warring parties will sit down and talk to powerful nations still at odds china in the u.s. their differences at the apec summit. and in sport jimmy butler makes an immediate impact for philadelphia on his home debut action from the n.b.a. this coming. the number of people reported missing from the wildfires in northern california is now more than a thousand the remains of eight more victims have been found taking the number of official dead to seventy one more than fifty two thousand people have been displaced and as we've been reporting president donald trump has just arrived in california for a firsthand look at the fires which he had blamed previously on forest mismanagement. we have a lot of things to talk about we will be talking about bars about a bit i've been saying that for a long time and. it's going to be a lot different situation but. the one thing is that everybody now knows that this is what we have to be doing and there's no right about should have been done many years ago. but i think everybody on the right side the big issue the big issue is very expensive issue but very very expensive

welcomed the idea of a new resolution james pays zero at the united nations in the news ahead on al-jazeera not much cooperation on show at the apec summit china attacks president trump america first policy the u.s. defends its tariffs against beijing. and getting heat from all sides the honeymoon appears to be over for colombia's president a hundred days after taking office. hello overnight rain made it so felt in iran and this system and this is a morris a cold front disappearing east was in science woods is still fairly active that's what it left on the western side of iran the coast more or less nearly fifty millimeters there is a bit of a gap but the zones see something else happening in turkey and around the caucasus in the black sea all active all with the potential for thunderstorms funny windy weather as well this all creeping still east has to live on sunday night and monday that's what it will do breaking out in thunderstorms across the border in northern saudi arabia spreading the cloud was some rain potential think through rock to western side of iraq so clearly once again things might be temporarily settled there or

apec meetings he restated u.s. grievances with china and stayed on message throughout the weekend earlier today mr pence warned asian nations against and gauge men in china's vaunted belt and wrote an issue that saying we don't drown our partners in a sea of debt we don't coerce or compromise your independence we do not offer a constrictor ring belt or one way road stay tuned this week for more from the apec summit and the region and staying in asia nice on motor company has forced chairman carlos goan out after he was arrested he was arrested for alleged financial crimes nissan says internal auditor it discovered evidence of efforts by mr goen to mislead his colleagues at nissan quote over many years before today the brazilian born executive was most well known for his reputed reboot of nissan and french automaker renault mr going personally chair the corporate partnership between the two as well as serving.

of south—east and nations, asean, meeting with representatives from countries including the us, china and russia in what's known as the east asia summit and later in the week at the apecrom the americasjoin week at the apec meetings, leaders from the americas join in and week at the apec meetings, leaders from the americasjoin in and high on the agenda is trade. the largest trade grouping is one backed by china, it's called the regional comprehensive economic partnership, 01’ macro comprehensive economic partnership, or macro rcep, and it covers an area with a gdp of $25 trillion. you also have the cptpp. that is a long title! it takes effect at the end of this year after seven of the 11 member countries ratified the deal. this is key because neither one of these alphabet soup trade groupings include the united states. debra allens, an expert in trade issues in the region, told me which of these pacts is most important. tpp does because it comes into force on december the 30th. that is finished. it's coming into force on december the 30th and the entire agreement starts on that first day. there's a double bonus for people who produce goods. 0n there's a double bonus f

. >> in terms of picking sides, president xi is not only going to apec, but he will be holding a meeting with other pacific island nation leaders which i think will get a lot of attention. and then he is going out to the philippines for a state visit. at a time when we are asking countries to choose, president xi is going with his bag of goodies to the philippines and we are not showing up. >> that is an important amplifying comment. the vice president isn't going to talk about trade. or not very much. in asia, economics is security. if you're not playing on the trade issue, not playing. >> to bring this back to japan, i know michael green is not here, but you did mention that vice president pence is not doing the formal trade engagement. i was wondering if you can comment on the fact that there was an article could sit -- an article today on comments about hitler and how much that's an influence? >> on the first part of what you said, vice president pence was very reluctant to be the principal person responsible, for any particular policy issue, i think he was trying to take the joe biden approach of being the advisor

leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea canada's prime minister blamed disputes between member nations of the trade tension between the u.s. and china dominated discussions on saturday china's president xi jinping to a game at the u.s. protectionism while u.s. vice president mike pence said that washington will not cut tariffs until beijing quote changes its ways that to impose tariffs on each other's exports a member of parliament in the central african republic has been extradited to the netherlands to stand trial for war crimes alfred home who is known as also known as rambo is also accused of crimes against humanity murder and the torture of muslims prosecutors say he led the mostly christian anti baloch a militia which for muslim seleka rebels when they seized power five years ago but it's time for al-jazeera world. i thank all of you oh now on to chicago and i was in the in. my. on the eighth of june nineteenth sixty eight american speech tribute to a remarkable politician the younger brother of former president john f. kennedy senator robert kennedy had been assassinated three d

vice president pence from overseas says every nation gathered here at apec has a place in potuss visione expect they embrace free trade and individual rights. what's going on with china? >> i love what vice president pence is doing. as everybody out there, this is really just to me incorrect and inaccurate media reporting. we want nato to pay their fair share and the united nations to do the right thing doesn't mean america is retreating from leadership on the global stage. vice president pence tells china stop the death trap financing. you are ripping off countries. you are taking them over. the president of malaysia called it colonization. example. tonga, small country, china leant them 1/3 of their gdp. china wants it now. we don't have it. we have we didn't hear anyone from anyone in the world. what do they do? they sign on to china's program, get a five-year reprieve having to pay the money back. china says we may lend you 10 times your gdp. they'll own that island. they don't have to make manmade islands anymore. they'll own it. vice president pence is the only person in the weste

washington leaders at the apec summit failed to agree on a final statement after two days of meetings in papua new guinea the canadian prime minister blamed disputes between member nations of the trade tension between the us and china dominated discussions on saturday the chinese president xi jinping took aim at u.s. protectionism while the us vice president mike pence said washington will not cut terrorists until beijing changes its ways and which almost has more now from port moresby are always disagreements behind the scenes at the source of summits but normally by the end publicly a document is published that all the leaders can put their names to it's called a communique and it's normally a pretty bland piece of paper that is a lowest common denominator reflection on things they can agree on the fact that this apec summit has not been able to produce a communique has not been able to produce a common position that all the latest going to greater is pretty dramatic and the prime minister of papua new guinea will issue a chairman's summary of what has been the great but it's not the same thing it really seems that it was disputes over the language to do with trade be

country leaders at the apec summit have failed to agree on a final statement after two days of meetings in poppea new guinea the canadian prime minister blamed disputes between member nations over trade tensions between the u.s. and china dominated discussions the remains of five more people have been found in california's wildfires that brings the death toll to seventy six one thousand three hundred people are missing rescuers are bracing for strong winds which could hamper efforts to control the fires cyclons killed at least thirty three people in southern india cyclon gudger struck six districts of tamil nadu state on friday all and eighty two thousand people were forced to leave their homes and take emergency shelter. while prime suspect alfred yakkers home has been extradited to the hague for alleged atrocities against muslims in the central african republic is a sitting member of the parliament he was a senior leader within the mostly christian anti black a movement its fighters attacked muslims after muslims a lake of rebels seized power in twenty thirteen. two former presidents of madagascar are set to face each other in next month's runoff election provisional res

leaders of the apec summit have failed to agree on a final statement after two days of meetings in pump a new guinea canada's prime minister blamed the disputes between member nations are the trade and of course means tension between the u.s. and china which dominated discussions on saturday the chinese president xi jinping took aim at u.s. protectionism while u.s. vice president might pence and washington would not cut tariffs we had for mine a tongue in earlier china political analyst who advises the chinese government on economic and development issues he says china is making the effort to open up to foreign business donald trump has made no secret that he does not like any kind of multilateral organization which the u.s. does not completely dominate china yes they have issues that they are dealing with but as you can see with the shanghai international import expo they are opening up there have been a series of measures three thousand different tariffs have been reduced over the just this last year alone and china seems to be making the effort to do that and it's communicating this with the u.s. through memorandums where they're saying these are the things they

south leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea the canadian prime minister blamed disputes between member nations over the issue of trade poppy new guinea's prime minister peter neil says a statement will be released in coming days. the remains of five more people have been found in california's wildfires that brings the death toll so far to seventy six one thousand three hundred people are still missing rescuers are bracing for strong winds which could hamper efforts to control the fires well prime suspect alfred yakka some has been extradited to the hague for alleged atrocities against muslims in the central african republic is a sitting member of the parliament there he was a senior leader within the mostly christian movement its fighters attacked muslims after muslim seleka rebels seized power in twenty thirteen the health ministry in the democratic republic of congo has suspended all ebola work in the eastern region after several attacks targeting health workers in the past week in tanks took place in beni near a local emergency center and hotels of several response teams battling the worst

nations. several world leaders are improper new guinea for the annual asia pacific economic cooperation summit talks apec as it's known u.s. president trump has not decided to go. to the event has allowed chinese leader xi jinping to take center stage and thomas joins us live from the summit in the capital port moresby and this is you know a big event andrew for pup when you can eat but without some of the big players. well it's easily the biggest event happen you get he has ever hosted this is the poorest country among them aren't nineteen members of the apec group economies right around the pacific region which combined have a gross domestic product worth more than half the world's total so a big event but certainly missing what should've been the star attraction the u.s. president and indeed president putin of russia mike pence the vice president will be here in donald trump's place we're expecting a speech from him any of you should see him popping up on one of the big screens behind me but donald trump though he might not be here his presence is really being felt months leaders giving speeches in op

leaders at the apec summit who failed to agree on a final statement after two days of meetings in papua new guinea the canadian prime minister blamed disputes between member nations over trade tensions between the u.s. and china dominated discussions on saturday the chinese president xi jinping took aim at u.s. protectionism or the u.s. vice president mike pence said washington won't cut terrorists until beijing changes its ways under thomas now has the latest from port moresby in. perhaps more significant than the substance of the formal discussions between all twenty one countries have been the meetings announcements on the sidelines of this summit on sunday for example leaders from australia japan the us and new zealand announce that they be working in partnership with papa new guinea to bring electricity to most of this country's population at the moment only thirteen percent of back when you can use have reliable power by twenty thirty with millions of dollars worth of aid from those countries seventy percent of this country should have reliable power interestingly though china was not part of that announcement was not an apec announcement it was those count

country leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea canada's prime minister blame disputes between member nations over trade tension between the u.s. and china dominates discussions on saturday china's president xi jinping took aim at u.s. protectionism while the u.s. vice president said that washington won't cut tariffs until beijing quote changes its ways. we had a broad consensus on a wide range of issues the apec gathering is one of different countries from a similar region with very different approaches on governance and governments but there was broad agreement on how we need to support our our citizens and work forward towards better cooperation. but i don't think it'll come as a huge surprise that there are differing visions on particular elements in regards to trade and those prevented there from being a full consensus on the communique document a member of parliament in the central african republic has been extradited to the netherlands to stand trial for war crimes alfred jacket tom is also known as rambo is also accused of crimes against humanity and torture of muslims prosecutors say

south leaders at the apec summit have failed to agree on a final statement after two days of meetings in papua new guinea the canadian prime minister blamed disputes between member nations over the issue of trade partner new guinea's prime minister peter anneal says a statement will be released in the coming days the remains of five more people have been found in california's wildfires that brings the death toll so far to seventy six one thousand three hundred people are still missing rescuers are bracing for a strong winds which could hamper efforts to control the fires a member of parliament in the central african republic has been extradited to the netherlands to stand trial for war crimes he's alfred yeah khatam he's also known as rambo he's also accused of crimes against humanity murder and the torture of muslims prosecutors say he led the mostly christian anti baloch um alicia which for muslims the leaker rebels when they seized power five years ago. attacks on health workers treating patients with a bowler in the democratic republic of congo are forced the government to suspend treatment well health organization staff in the northeastern city of benny moved on sa

apec summit for the first time due to simmering u.s.-china trade tensions. confidence among u.s. homebuilders has plummeted by the most since 2014. if the highest borrowing cost in eight years. the nationalociation of home builders dropped eight points to 60, the lowest level since august 2016. this as to the signs of a cooling housing market and will weigh on how high the raise interest rates. global news, 24 hours a day and at @tictoc on twitter, powered by over 2700 journalists and analysts in more than 120 countries. i'm taylor riggs. this is bloomberg. >> thank you. equities in europe are taking a hit. asia also saw declines, with tech stocks leading. of the major u.s. benchmarks, the nasdaq plunged more than 3% on concerns that the trade war will disrupt supply chains for major tech companies. joining us now, the global chief investment officer at credit suisse. thank you for coming on. i have been waiting for you, i'm glad you made it to the studio. when you look at market volatility, this selloff seems to hit a lot of the trade stocks and tech stocks. are we going to see more of the rout? >> it is clearly there, because the trade rout is not going to go away very quickly. this is

targets leaders at the apec summit have failed to agree on a final communique after two days of meetings in papua new guinea canada's prime minister blame disputes between member nations over trade tension between the us and china dominates the discussions on saturday china's president xi jinping took aim at the us us protectionism while u.s. vice president mike pence said that washington will not cut tariffs britain's prime minister is dismissing calls to amend her breaks that deal with the european union writing in the tabloid newspaper the reason may says it's the only agreement that will work a number of ministers resigned after cabinet approved the agreement on wednesday calls here with the news on a little over these grid rather a little over twenty five minutes but after this week's listening post next. trust china millions of cameras are watching citizens every move and scoring their behavior when used investigates china's surveillance crackdown. on al-jazeera. media. savvy. i can act on what. i can actually works out ok. for. the future saudi. arabia. is. the armature does britain europe the listening post here are some of the media stories that we're coverin

we have the apec summit in png that ended in a fractious and disarray kind of manner, no joint communique being signed by the asian nations first time since the summit began. the tussle over trade between beijing and washington, not a great deal of hope for us in the start of the trading week. i am haidi stroud-watts. shery: i am shery ahn. thanksgiving shortened the week, and we will see thin trading volume which could mean more volatility. let's get to first word news. ros: the apec summit wound up in papua new guinea failing to issue a joint communique since the first time since 1993. the china balked at the wording of trade, [indiscernible] all unfair trade practices. the u.s. trade were overshadowed the talks as they traded barbs in back-to-back speeches. >> let me make this clear. the belt and road initiative is an open platform for open corporation. it is guided by the principles of the consultation and cooperation for a share of the benefit. it is not designed to usurp any political agenda. it is not targeted against anyone or exclude anyone. it is not an exclusivity closed to nonmembers or a trap some have labele

apec summit china attacks president trump's america first policy of the u.s. defends trade tariffs against beijing. that is sport of debut for this philadelphia player action from the n.b.a. coming out. the united nations special envoy for yemen says the warring parties will attend talks in sweeping later this month after a pause in fighting in the besieged for city of what data as strikes have been really launched by. the saudi and iraqi led coalition against who the rebels are diplomatic editor james bays reports to impede the charles when he briefed the un security council special envoy martin griffiths was talking up the prospects of yemeni peace talks due to take place soon in sweden is a crucial moment for yemen i've received firm assurances from the leadership of the yemeni parties the governor of yemen of course first and then they are committed to attending these consultations i believe that genuine alike specked them to continue in that way and to. appear for those consultations and indeed so do the yemeni people who are desperate for a political solution to a war in which they are the main victims also briefing the security council the head of the world food program who says the country is o