officials at the china association of automobile manufacturers say dealers sold more than 2 million newars. that's up 2.3% from november 2013. it's the slowest rise so far this year. sales fell 0.5% taj points from last month. from october. that's the third straight month when sales have risen by less than 3%. japanese awesome sold theerly 290,000 passenger cars. that's down about 11% year on year. their market share was 1.2%, down 0.2 points from october. german companies had the top share among foreign car makers at 17%. u.s. awesome had just over 12%. south koreans, 9%. the market share of both american and south korean companies rose. analysts say car makers don't expect high demand for new models in the market and are making bigger price cuts as a result. that's the latest in business. catherine has more news for you. >> thank you very much. it hasn't been an easy year for south korean president park. her approval ratings have plunged. actions allegedly taken by a former aid are only adding to her problems. he's been accused of meddling in state affairs, something he denied. last w

chase attempted to quantify china's global footprint and found a 1 point reduction in china's growth was associatedprices and, on average, an almost half point, increase in global gdp growth. while it's clear that the chinese economy is in a downturn, joe lupton, a senior global economist at jpmorgan chase, cautions that we shouldn't think of this as a traditional crisis in the making, a house of cards about to collapse. even if people stop lending to china, lupton reminds us, the chinese economy is heavily state owned and the government can and will intervene to avoid a crisis no matter what, just as it has done in the past and it has plenty of cash to spend. still, the credit binge will weigh on china's economy for years to come, he adds, and it's not a pretty picture even if it's not a picture of collapse. but even if china weathers the crisis, what happens to so many countries, from brazil to australia, that have gotten used to a turbo-charged china buying all of their goods? in a strange way, china might be able to adjust to its slow down better than the rest of the world. >>> next on "gps," d

china could have stopped them. "new york times" is reporting that the white house requested help from beijing in recent days and the chinese have not responded. however, a senior obama administration official is telling the associatedress that the u.s. and china have shared information about the sony attack. but it seems like a lukewarm response from china. so, congressman, i ask you, should the u.s. put the squeeze on china for them to in turn put the pressure on north korea? >> we should put the squeeze on everyone that has the capacity to stop what was a terrorist attack by a nation state. i heard also the president this morning called this a cybervandalism. there's not a joy ride in a car. i remember when the president called al qaeda jb and sortly therefore beheaded four americans. this is a president who has no capacity to understand these real threats to america. this cyberattack is not the first and won't be the last if america continues to treat these as minor incidents and not the real threat to the american nation state that they are. >> so, let's stay there for a second. why do you think president obama referred to it as cybervandalism and not calling it cyberwar? >> he has consistently led from behind

in the case china has any association with this, first of all, is that a likelihood?that's the case, how does that change the conversation and ultimately our proportional responses to this? >> well, north korea will launch attacks through other nations using their ip space. the fact that -- that there are ip addresses from china as well as other countries, that is normal in any type of attack. you'll see ip addresses from a whole range of places so that is not indicative of anything. to your first point, north korea absolutely has the capability of doing this. we've seen them do this before, they have the capabilities. honestly, the types of attacks weave seen here are not so sophisticated that only the most capable nation states can do it. there are a wide range of actors that can conduct this type of activity, which is why the american people should be concerned. >> it's michael kay here. i'm curious about this whole notion of putting north korea back on the terrorist predicated on a cyber attack. is this not really a dangerous precedent to set given north korea are

as we discussed in 2009, china became more associated, if i borrow theoretical technologies. since then there's some clearer changing of the chinese attitude towards policy. over at that time there was some balance into objects. one is -- [inaudible] when it comes to common object in countries, you know, since i was told that china, you know, prioritized -- over nuclearization. so maybe i wonder if there's any changes of chinese policy in this space. maybe you could respond? my next speaker will be professor jung-hoon lee. is teaching at yonsei university and also korean governments ambassador to human rights. recently he founded the human liberty center dealing with human life issues with special reference to north korea in human life issues. he is very famous public commentator. now, it will -- >> thank you, president park. let me first say that i greatly appreciate the korea foundation for its advanced studies at the brookings institution as well as peking university for this great opportunity to exchange very frank dialogue. it's been a revelation and very helpful process

so she has been very closely associated with anticorruption, the china dream, continued economic and social reform. this all seems to be of a peace for governance. if you've tried to wrestle neither chinese nor english with some of the recent documents, and they're full of social etch with chie characteristics and continued reform. the different uses of phrases of something to do with law. one of the questions we've asked about today was whether the anticorruption efforts are primarily principle or primarily political. what does corruption mean. the documents that were released after the big meeting with the communist par ity in october, they offer some clues as to where she intends to take these themes to take these efforts to include governance. this was the first plan to focus on law or on governing. often, i think that we need to begin from the chinese point of view. i had an almost confessional quality to it and seemed to raise expectations extremely high. so to unction these values, priorities and the policies we want to start with scholar questions. andrew wieedirman is a prof

china sea. this is the thunderstorm clusters associated with what is now the monsoon season, and this is the enhancedoisture between november and december and the beginning of the year. and when a pilot sees something like that on the radar, they know that there is trouble ahead. to make the passengers comfortable, because a lot of people don't like the idea of bouncing around in the sky they will try to go around the thunderstorms or somehow divert around them. in this particular case, we know that the pilots asked for a diversion from 32,000 feet to 38,000 feet. this what we are looking at. where you see the brighter white-shaded areas, that is where the super cell cluster is located. in a monsoonal season you will get the heavy precipitation super cells. we have seen torrential rainfall from malaysia and indonesia stan standards even, we have seen incredible and fierce flooding across this region over the last several weeks and even exceptional by monsoon standard s s. and we go here to the e equator down to the southwest, and generally this is where they are looking where they last lost contact c

contacts over 1,000 people who are marked as china town and that's china town in the context of preservation and those are my friends and associates and people who have supported me all along throughout this. recently made this official into my own non profit. there's a board of people that constitute that as well who are various people from the community and within various- >> that answered my question. thank you. >> thank you. . >> mr. lee, you have three minutes of rebuttal. >> commissioners, i have personally made the point to contact the appellant and said if there's anything we can do to get it on a larger scale, he mentioned the good point, where's the funding coming from? i staid you can get the funding i'll work with you for the overall picture, not just piecemeal. his idea was to refurbish the entire facade of the building and again of course again, i spoke to him tonight. we worked again on it we take care of the entire fa facade in the near future. in this project we must move forward because the funding is fairly limited and the space is fairly limited for our graduates. tomorrow we have a graduating class of 20 peopl

business development initiative connecting china and san francisco and the tourism sector marketing and promotions program led by san francisco travel association and funded the renovation of the moss cone center and implemented improvements in 25 corridors and including pier 70 and the warrior's planned move to mission bay and with a heavy heart we're sad to hear jennifer has passed from us. . she has done so much and on behalf of the board i'd like to extend our deepest sympathies and we're grateful for for for her contributions to san francisco and mayor lee has opened a condolence book available in the mayor's office in room 200 at city hall and i wanted to announce on december 16th next tuesday at 11:00 a.m. that jennifer's memorial will take place at pier 27 and all the great work that she has done for our city so with that, again, i'd like to make this without objection from the entire board of supervisor's and i'd like to offer members of our board some remarks and also invite up todd rufo from our office of economic development to say a few words and after that we'd like to yield the floor to jennifer's father allen and to dan if

china and japan and germany. wherever you can think. >> as a long-term active member of the california dragon boat association, he stopped competing and took on the role of race director with the event happening at the san francisco international drag again boat festival. >> we are proud that, of our large festival that takes place each year. it has become a nice destination event for the bay area. you can be culturally entertain ed. >> managing the race with more than 100 teams is a challenge but he keeps coming back. >> it is giving back to the sport economy the community but, actually, but it is also having both the support exposed to the broader community and having the community come together. >> but he is not alone if his efforts. everyone involved makes the festival and race happen. >> a lot of the volunteer efforts come from our member teams. we look to the people who love the sport and they recognize having a great event to compete at with all people interested in trying and it promotes the sport they love. >> he has a passion for sharing the ancient sport. >> the area has no shortage of wonderful races to come to and we are

red the sun has come up, china has produced -- so there's aling in this popular song about how ardently xi and his wife love each other. so, xi has been very closely associated with anti-corruption, the china dream, continued economic and social reform. this all seems to be of piece for his gof nans and indeed for china. it's sometimes difficult for us from the united states to discern how these different pieces fit together. and therefore can be tough to figure out how we need to respond to a rapidly changing china. the difficulty levels at the linguistic level with some of the recent documents about legal reform in china and they're full of socialism with chinese characteristics and continued reform then different uses of phrases that seem to have something to do with law but it's clearly legal concept not quite like our own. even the phrase corrupt who is corrupt and who is not. one of the questions i hope we'll be asking today is whether the anti-corruption efforts of xi's government are primarily principled or primarily political. what does corruption mean? the documents that were released after the big meeting of the communist party in october, i think

between the port of san francisco and seawall lot 337 associates, llc for the lease and development of seawall lot 337 and pier 48 bounded by china basin channel, third street, mission rock street, and san francisco bay and adjacent to at&t park.

between the port of san francisco and seawall lot 337 associates, llc for the lease and development of seawall lot 337 and pier 48 bounded by china basin channel, third street, mission rock street, and san francisco bay and adjacent to at&t park. >> thank you, amy, and good afternoon, president katz, fellow commissioner. my name is phil williamson, senior project manager of the port development group. here this afternoon before you with an e & a amendment which i will in a little bit of detail and will be available afterwards to answer questions for you along with other members of our project team. since executing a two-phase exclusive negotiation agreement in september of 2010 for the development of seawall lot 337, also known as parking lot a and adjacent pier 48, [speaker not understood] llc, the port and the city staff have negotiated a nonbinding term sheet with pro poed financial term for the lease and development of the site. last year along with the board the supervisor [speaker not understood] unanimously endorsed the term sheet which included phase 1 as the e & a. a described in the term sheet, the port and developer ha

>> and were you telling us that people in china have just been able to fly more and have access to fly more. and now we have three planes disasters, associated with this region. and how familiar are you as a correspondent who flies all over the region for cnn, how familiar are you with airasia? have you ever flown it? >> reporter: well i, yeah, i can tell you, reporting in kuala lumpur in the months after mh 370 i did a story about the fact mh 370 was facing very intense competition from budget carriers in asia like airasia. that was the number one competitor that was taking customers away from malaysian airlines because that more traditional airline, the price struck fewerture is different, the amenities, and a lot of passengers who couldn't afford to fly are getting on flights like airasia, no-frills, budget carriers. in this part of the world it really is booming and opening up the air travel world to a whole generation of people a whole income level of people who never had the freedom before and it lets them go visit their families. in the case of people heading to singapore, we know a big portion of the population there are domestic hel

china's finances and plunging price of oil. that sent the dow jones down 222 points at one point. it did bounce back and finish 51 points lower. the nasdaq nearly added 26. two more bernie madoff association have been sentenced to prison for his role in his man's i have ponzi scheme. madoff's secretary of 40 years annette was sentenced to six years in prison even though federal guidelines called for a light sentence. the judge site had her age, and her 4-foot 6-inch height as reasons for handing down the the reduced sentence. programers harris was sentenced to two and a half years behind bars. >>> amazon announced a new make an offer function. the customers can communicate with sellers to negotiate the the price of the item that they with like to buy. right now customers can make an offer on more than 150,000 items that are price add above $100. >>> for all of the holiday shopping procrastinators out there, kohl's has announce that had most of its stores will stay opened for 100 straight hours starting december 19th, through 6:00 p.m. on christmas eve. this is the second year in the row that kohl's is having a prechristmas shopping marathon and ukee and erika, something tells me christmas

associated with the russia have already been factored into the europe. the european central bankers are throwing everything they can to. and we think china is doing okay. and the best of all the global economies is the u.s. we continue to hear good things out of ceos at the conferences and when we are chatting with them. so we think the global economy is okay, led by the u.s. we think valuations in the u.s. are about 15 and a half times next year's earnings. so all things are okay. there are going to be scares out there. turn down the volume. >> all things okay relatively for the u.s. but when you look at kr, cpi slightly lower this week. lower fuel. what type of medicine do you think we need from the fed this afternoon. >> we think they are on course. probably will drop the wording from their language today. but we think the bottom line is lower oil prices are actually very good for the u.s. consumer and overall good for the u.s. economy. we think the fed is going to monitor it closely but we think they are going to stay the coer course at some point next year. we think they are going to start raising rates. we are less concerned we think with current

recommended eight, perez is the fourth of five former associates to be sentenced, those are the top headlines. in the headlines all week has been chinahere with customer prices growing at less than one half percent. there is a fear of deflation coming to chinese shores as well. we are chinese stocks plunge after climbing to two three-year highs. author of "unbalanced, the codependency of america in china." i was start with the chinese slowdown and the global implications, south korea and japan, u.s. and germany to a lesser extent depend so much on china for exports. >> especially the australia and brazil and the resource economies hooked on what i call the old china which is manufacturing resource intensive growth and fueled investment and exports and they don't want china to change the model and yet china is changing the model and moving away for the manufacturing to a resource light services-based model. it is a big shock to them. china is going from seven to zero and the cpi is going from positive to negative is i think reckless extrapolation at best. >> deflation is not in the cards? >> i'll think so they have ample room on monet

associated press." >> there was this amazing, uplifting feeling in the air. >> a few weeks later in mid-may, the situation intensified when soviet premier mikhail gorbachev heads to china> remains a world turned upsidedown tonight. >> he was an advocate in his home country. his visit gave them an opportunity to go to the streets and express themselves in a way they had not before. >> they knew they had the world watching them. >> and this also enraged the chinese authorities who are used to stage managing every photo op. and suddenly they had no control. >> after gorbachev leaves and the protests continue, chinese authorities change their tactics. >> the chinese communist party cracked down, and they declared martial law. >> despite repeated warnings from the government, the protesters refused to leave tiananmen square. everyone expects the government to act, but few predict what actually happens next. >> on the night of june 3rd, the square was filled with people milling around. we started getting rumors the army was starting to shoot its way into the center of downtown beijing. >> all of sudden we hear this noise. boom, boom, boom, boom. >> under orders from the gove

associated with north korea. this would be thin evidence. here is what we know about north korea's hacker subculture. there's not a public culture of hacking. unlike russia and the united states, china, the internet is not available to the north korean public. they don't get to grow the subculture nationally here and in other countries. instead there's a bureau 121, an elite unit, 1,500 hackers. it did an exhaustive report in august about cyber warfare. bureau 121 is aimed at hacking attacks. asymmetrical warfare. here is where it departs from what we have seen. >> it sees military-style attacks. there's no disseminating of it publicly. it requires almost a sense of humour that has not been displayed in the past. there's to discernible anniversary, nothing around politics. in terms of broad cultural sense of north korea and how it plated and the bare bones evidence, we are not seeing the evidence that you would want to see. >> that's jake ward. >> parramatta pictures is not allowing its film. team america to be screened. some movie scenes manned to run the 2004 movie in place of "the interview." "team america" also mocks north korea. peter is a media marketing as a resultant and i a

associate with a smart phone. it has been used in international diplomacy. we went to the launch to check it out. >> [indiscernible] we are well known right now in china. 2, i apologize for the pork sound quality. we are seeing a bounceback in equity today. we will have more in the next hour. plenty more coming from paris as well. see you in a minute. ♪ >> fed up, fighting back. but french unemployment at french leaders gather in paris to deliver a positive message. io tinto says a deal was -- with glacol would be a bad fit. gettingkerberg on why people connected is more important than profit. good morning to our viewers in europe, good evening those in asia, and a very warm welcome to those ust waking up in the u.s. i'm guy johnson. backine lacqua will be monday. you're watching bloomberg television. live from our london headquarters. some french business leaders are tired of criticism. they are organizing a meeting in paris. it translates as "let's bank on france." as there and has a series of exclusive interviews. >> this conference is all about boosting the image of friends at a time when the french economy pastarely grown over the three years. the

china military family member. what is it in terms of providing health care i would be interested in what each panelists thought about those obligations to the retirees and military families. >> i'm with the national military association and i'm also an active-duty family member. part of the rationale for including family members and retirees in the health care system is to ensure that military healthcare providers have a sizable diverse population to practice. so if we remove family members and retirees from the military health system either by on of these innovative ideas requiring them to participate in the aca or by removing the financial incentives for them to be part of the military health system of impact would that have on the military providers and with their training and preparations suffer by not having this adverse population on which to practice. >> when someone comes into the military to the retirement age whether it is 20 years or 30 years. there is a contractual obligation to adhere to that. those people that are currently in the military and are going to the retirement of the meet that obligation. i don't think that that needs to be something that is perpetrated far into the future. i think that there

china, europe plus the u.s. is hitting on all cylinders right now. i think this is one of the compounding models for 2015 that you want to be associated with.to us that's what is working. i think that will continue to work. so nike and vf corps, those are the two brands. those are the ones working and i think they will continue to work in 2015. >> how much of the growth is going to be purely economic versus what joe keeps asking a lot of the guests about, what is multiple expansion? >> look, to me, i've been doing this a long time. we don't push for multiple expansion. vf has the multiple. now it is earning expansion coming from international with higher margins in china. higher margins in europe. you have the u.s. still solid and it comes down to product innovation and the technology that they are putting into the product. and i think that is what separates them. >> you like footlocker as well, we should note. >> footlocker is the lay-up. you get that 12 times, you've had a pull-back here post ken hicks departure. they are in the right place at the right time. and the that will be continued execution. the model for the next three to five y