african continent but international airports there have enhanced surveillance for all travelers from asia china is one of africa's main investors that means china's health crisis could also impact african economies. at the international airport in august nigeria screening equipment that was once used during the bowler crisis is being brought out of storage because of the close business connections between china and nigeria officials want to make sure that potential symptoms of the corona virus are caught quickly that's why health workers and these body temperature scanners have been deployed to monitor new arrivals to the country many travelers are already relieved . i was actually happy i was impressed because i was also very thinking in my mind i hope my journey skits and prepare for these new talks because i was that's already been reported in china and i hope we are stupid on the way of doing it with our crisis so see what i saw here are going to be very happy nigeria isn't the only african country concerned about the coronavirus chinese investment on the continent has skyrocketed in recent

passenger turned from an overseas trip the virus started in china and has been reported elsewhere in asia china's health officials now say the virus can spread from person to person so far 6 people have died and nearly 300 have been infected in china starts on lower on equity markets as concerns mount the worry is that the corona virus is spreading and the tourism and growth of the effect. well for more let's cross over to new york and our correspondent hossein always. tell us the latest reactions from wall street now that the 1st case of the corona virus has been confirmed in the united states. investors are paying attention to every piece of information related to to see to honest losses increase the 1st case was confirmed here in the u.s. let's not forget that situations like these can have an economic and financial market impact at least in the short term but so far is starting today passengers arriving from china j.f.k. here in new york on older u.s. airports like l.a. or san francisco are being a scream for any seem to you as authorities have also issued some tips like frequently washing ha

china trade war. not only that. within asia you see north asian economies diversifying from china's ability to move up the value chain, by moving factories to less competitive economy, more parliamentary with less complementaryre with less friction. there are issues to be addressed but without addressing this, we can talk about these cyclical trends. growthimately if asian is likely to decelerate as well as global growth. shery: you are sticking around. for now let's get to first word news with paul allen. the bodies of ukrainian victims of the plane crash in iran have been flown back home. they were among the 176 people who died when the plane was brought down by a missile january 8. tehran has no immediate plans to release the black boxes to ukraine or any other country. that contradicts earlier statements. rival factions in libya's simmering civil war have held talks in berlin as production of a oilfield was hit. the national oil corporation said output will be over 70,000 barrels a day. that is down from one million a day l

trying to achieve among other things the toll is growing from a new virus causing concern around asia china has updated the death toll to 6 and says nearly 300 people have been infected at officials are worried about so-called super spreaders after transmission between humans was confirmed the world health organization will meet on wednesday to consider declaring it an international public health emergency in beijing to train e.u. says new measures are being put in place to try to contain the outbreak. this afternoon we just received a statement from the government saying there are new measures in place for those in the city tour groups will not be allowed to leave on cars are being randomly checked for poultry and other wild animals it's understood that this may have come from a wild animal from told and all public buses must now be sanitized on a daily basis and people who have any travel tickets out of able to freely exchange those tickets or apply for a refund so this is increasingly being taken more and more seriously we also heard from hong kong an expert in hong kong who has experien

we saw mid-single digit growth in asia. china grew for us. india was double-digit growth.saw contributions from other countries in the region. one was in the growing electric vehicle market battery assembly. it's a good application for us and we saw strong contribution from asia in the quarter in that application. shery: when it comes to china are you making any adjustments to your manufacturing or supply chains given the ongoing coronavirus outbreak? blake: the first think we are concentrating on is keeping our employees safe and healthy. that's john number one for us. -- job number one for us. china is an important location for our worldwide footprint. shery: are the employees not going to work? blake: employees are delaying coming back from the chinese lunar new year, among other things, and we are monitoring the situation on an hourly basis to make sure we are taking appropriate action. we don't expect the coronavirus to impact our performance financially in the quarter, but it's an extremely dynamic situation. we are watching and taking appropriate actions. shery: tha

for asia, the positive is if less is going to be collateral damage coming from the u.s. chinade conflict, especially north asia, korea and taiwan, they are very exposed to global trade and exports, so it is positive for them. we also have seen some kind of some kind of bottoming, or may be is increasing in ports of the tech products. korean exports of -- are doing well. the signs are generally better for north asia. think for china, on the consumption side, after a year and a half of double digit declines, the automobile sector will start to bottom. reporter: thank you very much indeed, the ubs head of economics in asia, china chief economist as well. of asian economy, a forecast 6% gdp growth in china and the yuan looking like it will get 7% by the end of the year. that is her forecast. shery: thank you so much, from the ubs conference in shanghai. we will still have many interviews coming up from that greater china conference. we will have an exclusive interview with the president of ubs security, eugene qian, and our, the ubs head of china equities, thomas faang. yuan from

you're watching t w news asia coming up china's corona virus spreads we take a closer look at where else in asia it has appeared and how governments are dealing with it plus. pakistan censors in award winning film after a pressure campaign by radical islamists the director tells us what his film should be seen. and the trouble with avoiding the need in japan to the menu successfully catered to the kids and vegetarians during the upcoming olympics. i'm melissa chan and welcome to news asia thank you for joining us china says more than 130 people have died from the corona virus with about 6000 cases confirmed across the country in order to combat its spread the government has ordered the partial or full lockdown of many cities that means some 60000000 citizens are currently prisoners in their own home focus and fear have moved beyond china's borders this is a fast moving story but as we go to air in the rest of asia we are seeing coronavirus cases popping up in hong kong macau singapore taiwan thailand malaysia vietnam cambodia nepal sri lanka south korea and japan masks are selling out ac

improve britain's trade balance he attacked the sum a palace which was the pathan all of the of asia china is trying to buy the bats i tried or is now trying to even steal them back it's thought to get each treasures back. you call the museums of blood yes they museums of propaganda is that really where the british museum wants to keep the heart of the problem is the inability of british museums to face and to describe accurately these colonial outrages the van de at an exhibit a few months ago about the my dollar raided $867.00 which was one of the worst colonial atrocities and i actually made a note of what the label said in this rather pathetic little exhibition it said it's time we realized that this was a controversial period in british ethiopian relationships actually detail legal frameworks and the updating of the universe and so on just tell me a little bit about it the concrete steps that are outlined after you describe the artifact in the context of where there are there is a convention that ensures or tries to ensure the property that is stolen after 1970 or after the countries.

new sales data the control group for retail sales came at the biggest increase overnight in asia, china gdp data closely being watched that did show some activity in december did show signs of picking up industrial output retail sales coming in slightly higher china tracking 6% growth for 2019 as a whole. 6% for the last quarter. in line with expectations, shanghai pretty flat it was positive from wall street this is why we are trading nicely and making fresh record highs here too it is all great in europe. let's talk about the individual forces let's talk about the sectors in terms of the sectors, you can see every single one of them trading in the green no surprise some that have association with china are in the green right at the top we've got basic resources up autos also up 1% we had a reasonable result out of renault we'll get to that shortly. they published the results for the year looking ahead to 2020. one of the reasons why auto is also rebounding. construction material was strong sector last year utilities rwe is one of the stocks driving the gains there under performers but

the spread of a new virus appears to be accelerating in asia china's health authorities have not confirmed that there's been human to human transmission the corona virus has killed 3 people since the 1st being detected in the chinese city of one han in a sense spread to 3 other chinese cities including beijing shanghai and hong kong 212-0217 new cases have been confirmed it's also spreading internationally south korea centers for disease control and prevention has now reported its 1st case a chinese woman who flew into incheon city from one on sunday has been quarantined and that fall is one case being confirmed in japan early in january and 2 in thailand 6 days ago chinese president xi jinping says the virus must be resolutely controlled katrina you reports from beijing. stothard hospital are working around the clock to identify a mystery virus which has been linked to star's severe acute respiratory syndrome at least 3 people have died and the number of those confirmed to have the virus is growing the chinese officials say the outbreak is under control there all the. new cases have been

china has 26000000 people farmers it and industry is crucial in impacts and many other sectors of this short asia has caught everyone's attention including farmers consumers and the garment. the chinese government has released more than 100000 tonnes of strategic pork reserves to ease demand and lifted environmental restrictions on farming china consumes hoff's the world's pork and during the chinese new year holiday demography. to address the truth into the chinese government hasn't. quite the new spring to buy more. and it's pushing a poor price as bold white beijing has ramped up pork imports from the european union and despite the trade war is awaiting tariffs on u.s. pork it's also boosting imports of other meat protein including australian musson beef and chicken from brazil. agricultural experts say the port which could affect the capital in the long tan. for now pork remains china's pay for meat but with no went to the shore she did cite it will continue to be more costly to bring home the bacon. now the whole question of how we get our protein fix has gained prominence against the backdr

that is not just china, it is asia-wide.then we will have to see what the impact is on the wider consumer. weis probably likely, given have had quite a lot of stimulus already at the beginning of the year and the government is pursuing injecting more money into the money markets, and changing the way the loan system is done and the banking system on top of reform that will get that continuation. so maybe the overall gdp mom or -- number might be sort of fairly resilient. the currency will be asleep come off in a few days, and that will not be good for equity markets, then equity markets will have to be selective. but it is too early. we just have to monitor it over the chinese new year. it is just unfortunate it is the one time of year where the maximum number of people are traveling. that will be a bit more of a challenge. so you really have to watch it day by day. shery: if it was not for the coronavirus, what would you usually be watching as a chinese lunar new year get started? -- gets started? sean: we were all expectin

production and the pork market in china were valued at $213000000000.00 in 2018 but african swine flu a contagious disease has wiped out $200000000.00 pigs on farms all over asia particularly in china well the chinese love eating pork but shortages of their favorite food has pushed china's consumer price index to its highest in 7 years chinese demand is also reshaped global meat markets and the government looking overseas to satisfy domestic appetites katrina you reports now from beijing. shredded pork and braised. just some of the most popular dishes served during the chinese new year holiday. but as families in china welcome the year of the rat few a pork items may be on the menu in recent months prices have more than doubled not knowing where you would be if prices keep going up like this then i will order and eat pork or even try not as frequently as before. african swine flu has wiped out hearts of china's hope it's up to $200000000.00 farm pigs have died since the outbreak began a year ago harmless to humans the contagious disease kills pigs within 10 days there is no vaccine and. china has 26000000 people and the industry is crucial. because of this sho

we see good growth everywhere in asia,china, southeast latin america, brazil is doing well.iddle east is doing ok. africa is doing well and that is a lot of the world. >> 2020 could also be the year where europe does better than expected. what are you concerned about in europe? >> i am moderately optimistic. things are getting better. be a long journey for you. ♪ i believe with that interviews at the following, " a market sharing consumer depending on who counts, the reality is you could double that." do you want to double that and when? >> the context was jeff to go outside the united states to do something and the answer is no. even though the market share is high in the top 30 markets in the u.s. we are the top and retail banking and 12 of them. up until two years ago we were not within seven. every philip the seventh that is -- if we fill up that seven that is a lot of growth. this is the challenge of my team. the reality is it is the response. >> let us talk about the leverage loan business. every week there is concern about leverage loans. you have great insight. walk

do you look at the world between australia, asia, china versus let on? do you differentiate?: yes, so there's clearly an element in terms of data, in terms of the ems ability to generate cash flow. and there are external debt exposures. but southeast asia is one angle to look at how we look at the emerging-market world from a balance standpoint. clearly, this one belt, one road theme is also something that could reverberate across the em landscape, in our view. us,s: ok, kokou, stay with other more work to do. his trades for 2020 with nejra and myself. speaking of which, risk and rules. global stocks trade to the downside. treasury yields x slightly lower. gold surges to the highest level in six years. however, that must be said we are at the most overbought in nearly two decades. nejra: have some of those traits gone too far or are investors waiting on the sidelines to see how this could escalate? this is bloomberg. ♪ morning from bloomberg's european headquarters in the city of london. i am nejra cehic with manus cranny. fallout -- iran says it is not bound by the nuclear d

spreading around the world with cases reported in earthquake in, europe, australia and, of course, asia. china'si jinping says the outbreak is ac sell rating and his nation is facing a great situation. zanney, i want to ask you what do you make of this particularly in light of the only point of comparison we have, which is the sars epidemic many years ago? >> well, i think it's changing very fast. and as you say it is enormously worrying. right now the numbers change all the time. right now i think we have some 2,000 known cases of infection, some 60 people have died. what is very clear is that the chinese authorities have reacted very differently to the way they did to sars in 2002. it may have taken a little while for the local authorities in wuhan to deal with it seriously, now the chinese central government is dealing with it extremely seriously. they are being transparent, sharing information in real time. they have had, they have put in place this tra coneian lockdown, the problem is if you will, china is much, much more interconnected than it was in 2002. just to give you one example, tho

win: china will act in its own interest. it does have a huge presence in asia and a growing presence in africa, but it is really for its own interests. it will do what is necessary to make the chinese economy keep going. that tells me that even though we have a phase one trade deal baked in the cake, they are still concerned about growth. global growth is at risk in 2020 despite the removal of brexit tail risk and the trade war tail risk. again, think china will do what it needs to do to maintain a strong economy, a solid economy, and everything else, maybe not so much. the chips will fall where they may. guy: one final quick question. markets can only focus on one thing at any particular time. do you think they should be focusing on the macro data right now or the geopolitics? win: right now, geopolitics takes precedent. markets are pretty much coming around to my view that recession risk in the u.s. has fallen significantly. we still have trouble in japan, u.k., euro zone. that's why i remain bullish on the dollar. the u.s. economy, despite ups emains the r s

things will get normalized. >> we have made recommendations on travel, and taken people out of china and asiatives we heard from this morning responding to the virus outbreak in china. a lot of banks have put quarantines in place to safeguard their employees. i know an important conversation will be with the starbucks chief and negative -- chief executive. tom: bloomberg is committed to messaging this, not only the actions of corporations, but also the duration. the single headline over the last 24 hours is british airways ,aying, enough with the flights and putting a timeline on its february, the first headline that extended out the timeline of where this crisis is going. we will have much more in a conversation with kevin johnson of starbucks. alan ruskin has been more than patient. we will dive into some of the core themes of mr. powell. is there evidence a central bank can reflate an economy? alan: they can left asset inflation and have been doing it well since the mid-1980's. goods inflation is harder to lift. if that is what you are alluding to, they will have a hard time. ,om: service

you're watching news coming up on news asia we take an in-depth look at how china's corona virus has spread across asia and how governments are dealing with it. and a censors in pakistan banned the film circus of life after objections from radical islamists the director speaks about the controversy. melissa chan has those stories and more coming right up on g.w. news asia stage of. the cry for freedom in the fight for freedom will always accompanied by a landslide. victory. bring us together. our documentary about the revolutionary power of music. arts and john. says of. songs like that don't go away stay with us for all time. the sound of fresh starts february 7th w. . what keeps us in shape what makes us see. my name is dr. i talk to medical experts. and they discuss what you can do to please go ahead. stay choose and let's all try to stay. d.w. . the settling time frame fires came from jurors or dealing with an event that i killed many civilians i mean. communicating my father while. i was a student. i wanted to build a life for myself. but suddenly life became owlish kind of song.

coming up next on news asia the china question and its impact on taiwan's presidential election to be a visit to the taiwanese island that could offer some answers. he responded he has that coming right up on the news asia thanks for watching us to. come up. here i am taken. suquamish place to pay you listening. nice news and he can. i won't get our story. because a. mosque. is what starts january 27th on t w. every 2 seconds a person is forced to flee their home nearly 71000000 people have been forcibly displaced. the consequences have been disastrous our documentary series displaced depicts dramatic humanitarian crises around the world. forgetting like i didn't go to university to kill people that i don't want to have my boss come to me and tell me to kill someone living in many and if i don't they'll kill me. people feel for their lives and their future so they seek refuge abroad as a boy in a basket as me the most about their status seems to rise is that someday we won't even see the really sad. but what will become of those who stay behind it's a way my husband went to peru becau

my story has more than a million hits and it was broadcast in asia, china, europe, australia, ukraine. >> wow. >> honestly, it went all over the world. it went ballistic, viral. >> this guy deserves a parade. the cat, i mean. >> the cat was the grand marshal. >> so funny. i used to joke with you all the time because you spent so more years on the police beat and covering horrid serious news and every day i would see you, and i would ask what's going on with the underbelly of san francisco today, and you ate that stuff up. >> well, you know, as i always say, if your beat is crime and courts, it's a job for life. right. there's always enough material to go, and you know, i mean, it's important. people care about their safety. crime is a constant concern for everybody. and it's a beat that i sort of, you know, got by virtue of the fact that early on in my career i was an investigative reporter, of course that's redundant, every report should be investigated but i was doing a lot of investigative work, and it sort of just transitioned, segued into crime and courts. >> any grand retirement

china. roughly 30% of overall sales kering and hermes and lvmh will field a lot of questions today about the coronavirus. >> thank you asia and china specifically is very important for lvmh. >>> growing fears around the world to the coronavirus the number of those affected and the death toll rose overnight. >> quickly developing. the total known cases spreading across china increased nearly 60% overnight to more than 4,500 cases. china has upped the death toll to over 100. the numbers now prompting companies around the world and facebook and others to restrict travel to china. hong kong will reduce cross border travel include ug suspending train lines and cutting back cross-boarded tour buses, ferries and flights it is kremed to avoid all not essential trips to china despite all of this, the leader of the world health organization adds that he does not advocate the evacuations of foreign nationals. the number in the u.s. still stands at five >> many officials in china are trying to decide if they should stay or come back. it is tricky >> it seems like the many he had call community is still torn but what to do >> thank yo

we see growth everywhere, still see good growth in asia, still positive on china, positive on southeast asia. latin america, we have been quite bullish. brazil, we are doing quite well. middle east is doing ok. africa is doing well. so that is a lot of the world. and the u.s., of course. francine: 2020, i hear from certain quarters, could be the year where europe does better than expected. what are you concerned about in europe? tidjane: for the eurozone, i am moderately optimistic. i agree that -- with the assessment that things are getting better. but it is going to be a long journey for you. jonathan: i believe we did the interview with the "ft." he said the following -- a market share for consumers, 13%, depending on who counts. the reality is that you could double that. you want to double that? and when? brian: we want to drive it forward. the context of that was, are you too big and do you have to go outside the united states to do something? the answer is no, we don't. there is such opportunity in the united states. even though our market share is high, in the top 30 are consider

guy: how much stimulus are we going to see out of china staying in asia during 2020? seen a slightly earlier than anticipated rrr cut. what else will we see? >> the growth outlook is impressively stable. this is what we expect. that authorities have things under control. in terms of what is going on with the economy. growth will likely be slower over the coming years. do you see the need for chinese stimulus this year? >> a lot of the answers to that would depend on is trade war uncertainty gone? is there a need? that is something that they and policymakers evaluate. is there a need to do something? the picture is that growth will be slightly lower. vonnie: i have to point to another chart in your presentation. the source of the rallies of stock markets since 2009. you have come up with the idea and you have it here that buybacks are far and away, multiple times the other sources of demands for u.s. stocks. >> that picture shows you that if you look at the data from what is the source of money that got into the stock market? the source of money going into the stock ma

my sense from a viewpoint of a japanese researcher, southeast asia needs a huge amount of money. india and chinacannot afford the finance that southeast asia needs. in this regard, southeast asia also seeks sources of support. in this regard japan and the united states have great potential to effectively promote development in the region. >> for the south korea issue, japan and south korea, politicization has a very big power to shape the attitude toward each other and so this is beyond a very big obstacle to coverage with others and on the other hand japan, china and south korea are trying to promote free trade agreement among free countries. this is a very interesting now japan, china and south korea have a scheme and the secretary is located there and and so it is something to consider to be promoted. .. so by promoting the energy corporation as well as development. the free and open pacific is a key point to not money or divert wise with china in the region, in my opinion. >> we're going to turn out to the global g7, g20 and united nations but you had a nice display of the challenges but als

china but 18 other countries have been impacted as well. what might the economic effects be globally? we know how interlinked each economy is, especially in asiahave strong ties with china when it comes to trade so even a slowdown of 1—2% in china would have a knock—on effect in asia. the tourism industry is also expected to be hip. a lot of chinese tourists who were planning to travel this or next month are cancelling their trips and asia tourism industry has become almost independent on those chinese tourists so there is an expected hit them. in hong kong, we saw month after month of pro—democracy protest which has a ready affected the economy. it is already in a recession and, if these outbreak continues, the could be further impacts on hong kong and notjust in tourism but other sectors. obviously, some businesses are seeing a spike, particularly manufacturers of surgical masks? yes, we did see shares in those companies surge after the outbreak of the virus. in the meantime we saw shares in airlines hit hard because of those chinese travellers cancelling their trips and investors forecasting a further downturn in the tourism industry. as i

china?ies in asia >> we see opportunities in asia and china. i see momentum in europe between the u.k. and we are in the era of technology. we believe we are in the middle of this era. we are moving ahead and everyone is trying to catch up. thecine: if you think about pace of change in technology over the last five years, it is incredible. will the next five years be quicker? how quickly will the technology change. >> absolutely. , is with a classic sector getting involved in every single aspect of our investment. francine: if you look at health care, is health care disrupted by technology or is there something else you are looking at? you, technology is impacting every single sector. .t is enhancing the performance venture capital is a big element in technology itself. it is impacting financials, health care, real estate. francine: when you look at sustainability, what are the ensureia is taking to you are in line with the times? >> i believe people have admitted to the fact that we have a problem. this is because of their education and the orientation the public has been exposed to.

china. is this an attempt to attract a lucrative market of meat eaters? there are a lot of meat eaters in asia5,000 versions of our locally—inspired cuisine, and i think you'll see us eventually be everywhere, every major market where the meat—eater demands great product. there's not an animal in sight in the making of this, but the question is does it past the taste test? well, this is a challenge i'm going to enjoy. here we go. so what i would say about it is it's spicy! what i would say about it is it's got a very light texture. it's sort of lighter than you would expect from something like a pork sausage. apparently it's got half the calories and i think you can sort of feel that. it's definitely less fatty. does it beat the sausage? well, i'm not sure about that. that's just one of the products on display here at the world's largest tech fest, ces in las vegas, where 180,000 people have flocked to see, not just the new tech trends of the year, but of the decade. furniture that moves itself to you. robots to suit your every need. driverless vehicles of all shapes and sizes. and screens eve

in asia, china, valuations are in the midrange cycle.ou look at msci chinese equities, they are 11.5 times more than earnings. it is not the cheapest but it is not expensive. given we are going to see 10% earnings growth for 2020, that is a good opportunity. even if we see valuation levels at 11 times earnings, you will get a potential brome -- potential bump rise. even if we see conservative assumptions, it makes sense. , 10ations in hong kong times earnings. what sort of assumptions do i have to make for this to rally? >> the markets are already seeing a rally. and when you say look at current ones, you have a bit of geopolitical noise. what is happening is the fact earnings have dropped a little bit for certain sectors. we look at the real estate sectors. you are working on a low basis. towards the second half of 2020 see a bit of recovery. looking at hong kong stocks, you can't give rest macau stocks. -- get past the cow stocks. but there is a lot to like because when you look at a lot of these companies whether hong kong real estate

china. and also the impact on asia. to keep in mind, since we compared this to 2003 is that global activity today is much weaker than it was in 2003. domestic demand in a lot of countrys is actually extremely week. i think it is coming at a fairly bad time so to speak. the impact should be transitory. but even the kind of recovery we are -- for the region in 2020 is very below potential the think that it is biggest concern we have even though it is transitory. >> she is sticking around with me here in singapore. coming up still ahead at this hour, huawei set to become the next sticking point in u.k.-u.s. relations as urk gives it the green light to help develop britain's 5 g network. >> and opportunity amid green washing in the market. we'll find out what that is. keep it here. this is bloomberg. ♪ >> the hang seng is dropping as markets reopen. our co-anchor damian grace is joining us from -- david is joining us from hong kong. take us through the action we're seeing now. >> i'm guessing you're referring to what's happ

and the spread of a new virus appears to be accelerating in asia china's helpful forty's have not confirmed that this been human to human transmission the corona virus has killed 3 people since 1st being detected in the chinese city of han it has since spread to 3 other chinese cities including beijing shanghai and shenzhen neon kong $270.00 new cases have been confirmed and it's also spreading internationally south korea's centers for disease control and prevention has now reported its 1st case a chinese woman who flew into incheon city from one han on sunday has been quarantined that follows one case being confirmed in japan early in january and 2 in thailand 6 days ago chinese president xi jinping says the virus must be resolutely contained katrina you has a report from beijing. stafford hospital are working around the clock to identify a mystery virus which has been linked to star's severe acute respiratory syndrome at least 3 people have died and the number of those confirmed have the virus is growing the chinese officials say the outbreak is under control. all the identified new cases

and over to asia now where china has introduced a range of new laws aimed at tackling plastic pollution beijing says controls on the production of it vironment only unfriendly products and the promotion of greener alternatives will be phased in over the next 5 years. into the production of single use plastics such as tableware and swabs by the end of this year china aims to have its plastic pollution under control by 2025. meanwhile malaysia says it's returned $150.00 containers of plastic waste to 13 countries since late last year the malaysian government says the country refuses to become the world's dumping ground that after china banned waste imports. another container is he back to the port more than 3700 metric tons of plastic waste have been dispatched from malaysia back to the countries that originally dumped them since the 3rd quarter of last year. the illegal shipments have come from developed nations such as france the u.k. in the u.s. southeast asian countries such as malaysia have been flooded with western rubbish since china refused to accept any more plastic shipments in

china is weighing on the travel operators. luxury retail names lower today. lmvh, earnings tomorrow. sales in asia account for a third of the company's total sales and analysts say any quarantines in big urban centers could have an impact on the company's china sales and business last quarter of the company largely avoided the unrest in hong kong but there was a report that it's closing some of its stores in hong kong. that stock has had a tremendous one year, up 53% finally, we'll keep an eye on britain's decision on huawei that is expected tomorrow. back to you. >>> we are monitoring a telebriefing out of the centers for disease control. in the past few minutes they confirmed three new cases of the coronavirus in the u.s., one in arizona, two in california as that gets ramped up, we'll turn to meg and talk about what we may hear in the next several minutes. >> hey, carl the call is just getting under way. we could potentially hear about more u.s. cases being confirmed. we expect we'll probably get an update on the number of cases the cdc is looking into. as of just yesterday, it was investigatin

asia. the china question and its impact on taiwan's presidential election. results are taiwanese island that could offer some moms. and the japanese fruits prize for their taste and for their health giving properties. that are coming up on news asia shortly i'm without shima my weekend has begun thank you for your company my bad. mood. coles india. a paradise for animals and plants. seekers of lies a green water. benefactor protection against water. naturalize for firearms in and around don't like. the advantages of restoring natural biodiversity. in 60 minutes long. every 2 seconds a person does forced to flee their home nearly 71000000 people have been forcibly displaced. the consequences have been disastrous our documentary series displaced depicts traumatic humanitarian crises around the world you know. forget them when i didn't go to university to kill people that i didn't want to have my boss come to me and tell me to kill someone having you many and if i don't they'll kill me. with their lives and their future so they seek refuge abroad it's about the

asia and hired yield. yield is there if it from the yield theirina -- benefits from the uptick in china.enominated debt side, you get a much better than you do in various areas of the u.s. market. alix: that is areas you are putting your clients in. what are you taking them out of? solita: we are overweight equities by way of emerging-markets. we have done that out of u.s. treasuries, so we are underweight fixed income, but still, fixed income is important from a querrey perspective. carry perspective. for aggressive equity measures, treasuries are still important, and a hedge on the longer end, but on average, these are long-duration. romaine: when you look at the correlations we have seen between e.m. and u.s. and the developed markets, do you see those correlations breaking down a little more to make that trade more profitable? solita: yes. the gross we are seeing right now, we are expecting more to come out of the u.s.. the growth is coming, but it is not going to be synchronized. i don't think it will be in opposite directions, but it is going to take a while for developed markets t

kong i mean hong kong is now in a recession and this is the this is the hub the banking hub of asia and china needs it so this is really hurting china a lot so i believe china is going to dump all the dough they can into the system this year to keep propping up but i don't think it's going to work and you going to see great devaluation of the currency the yuan and they're going to blame it on the trade war and have nothing to do with that because as you already know was china's g.d.p. as a 30 year lows the numbers keep coming in on imports and exports in the keep going down again they've overbuilt look at the look at how they expanded in such a short time in 1960 had a grand total of $900000000000.00 in debt today they have over 40 trillion dollars in debt and a debt to g.d.p. ratio of over 300 percent so they're going to do all they can to prompt this up. i don't think it's going to work now since thing that mentioned hong kong the finance hub of asia and also london the really the finance of europe both undergoing. political upheavals with bragg's it and all the protests going on in hong ko