wraps up in argentina where the potential for the bruising trade war between the united states and china plus we look at the much anticipated conversation between presidents trump and focusing on the sidelines. as global concern is russia and ukraine approaching the brink of open conflict up to russia's.

and china plus we'll look at the much anticipated conversation between presidents from completely on the sidelines. if there is when there is.

and china plus we'll look at the much anticipated conversation between presidents company putin on the sidelines. russian border patrol seizes three ukrainian ships near crimea after moscow said they violated its territorial waters.

and china plus a look at the much anticipated come sation which we present from clinton on the sidelines. of. the global concern is russia and ukraine a brawl to the brink of a conflict the bushes seized three ship.

and china plus we'll look at the much anticipated conversation between presidents trump on the sidelines there's global.

and china plus we'll look at the much anticipated conversation between presidents from completely on the sidelines. there is there's global concern. ukraine are brought to the brink of open conflict after moscow seizes three ships. its territorial waters also ahead on the program. is recovering after the worst riots sparked by more protests against higher fuel taxes the yellow demonstrations in front into a third. story start shaped the week coming up but first to this weekend's developments on r.t. international the g twenty summit has concluded in argentina with leaders tackling a rough. crucial issues including the u.s. china trade war ukraine on strengthening cooperation. with the u.s. president held a keenly watched meeting with his chinese counterpart at the summit but neither gave a news conference afterwards the russian president did talk to reporters though to share his thoughts on the gathering in buenos aires and live a tranquil as in the argentine capital today. one of the top reasons why this g twenty summit was meant to be a real attention grabber is the one on one betw

up in argentina with a potential freeze of the bruising trade war between the united states and china plus we'll look at the much anticipated conversation between presidents trump and putin on the sidelines of. global concern as russia and ukraine are brought to the brink of open conflict to russia sees three ships that says violated its territorial waters also add. paris is recovering after the worst riots in more than a decade sparked protests against higher fuel taxes yellow vest demonstrations in france and now we're into the third week. off a name from one pm this december the second it's sunday so we're wrapping up the biggest stories covered here over the past seven days first to overnight developments though the g twenty summits concluded in argentina with leaders tackling a raft of crucial issues including the u.s. china trade war ukraine and strengthening cooperation. the u.s. president had a keenly watched meeting with his chinese counterpart at the summit but neither govern news conference afterwards the russian president did talk to reporters though to share his thoughts on th

and china plus we'll look at the much anticipated conversation between. the sidelights. russian border patrol. said they violated its territorial waters ahead. recovering after seeing violent. protests against higher taxes. demonstrations in france and now into the third week. in moscow the second of december is a sunday that means we're bringing you the biggest stories as covered right here over the past seven days overnight developments to update you on first though and the annual g. twenty summit concluded in argentina with leaders of the world's leading economies tackling a raft of crucial problems including the u.s. china trade war the ukraine crisis and strengthening international cooperation the u.s. president had a key meeting with his chinese counterpart but need to give a news conference afterwards the russian president did talk to reporters though to share his thoughts on the gathering and one else aries trying to now report. one of the top reasons if not the top one why this g twenty summit was meant to be a real attention grabber was the planned one on one b

and china plus we'll look at the much anticipated conversation between presidents trump on the sidelines. there's global cern russia and ukraine are brought to the brink of an. after moscow seizes three ships it safe violated its territorial waters. i. recovering after the worst riots in a decade sparked by more protest against higher fuel prices the yellow demonstrations and from. their third week. we'll have the stories that shape the week a little later but first to this weekend's developments on our two international the g. twenty summit house concluded in argentina with leaders tackling a raft of crucial issues including the us china trade war ukraine on strengthening cooperation. u.s. president held a cane lee watched meeting with his chinese counterpart at the summit but neither gave a news conference afterwards the russian president did talk to reporters though to share his thoughts on the gathering in buenos aires. is in the argentine capital for us. one of the top reasons why this g twenty summit was meant to be a real attention grabber is the one on one between the man whose l

and china plus we look at the much anticipated come sation which the president clinton on the sidelines. the global concern of russia and ukraine the brink of a conflict after bush has seized three ships it says violated its territorial waters also ahead. harris is recovering after seeing violent unrest brought on by small protests against higher fuel taxes p.l.o. vests demonstrations in france and now into that good week. morning from moscow this december the second sunday so we're wrapping up the biggest stories covered here over the past seven days first to overnight developments in the g. twenty summit concluded in argentina with leaders tackling a raft of crucial problems including the u.s. china trade war the ukraine crisis and strengthening cooperation. getting up to speed then the u.s. president had a meeting with his chinese counterpart at the summit but neither gave a news conference afterwards the russian president did talk to reporters though to share his thoughts on the gathering in buenos aires from where i can now report. one of the top reasons if not the top one why this

and china plus we'll look at the much anticipated conversation between president putin on the sidelines. russian border patrol seizes three ukrainian ships near crimea after moscow said they violated its territorial waters also ahead. is recovering after seeing. more protests against higher fuel taxes. demonstrations in france are now into that third week. good morning from moscow this december the second it's sunday so we're wrapping up the biggest stories covered here over the past seven days but first to overnight developments the annual g. twenty summit concluded in argentina with the leaders of the world's most industrialized economies tackling a raft of crucial problems including the u.s. china trade war the ukraine crisis and strengthening international cooperation. getting you up to speed then the u.s. president had a keenly watched meeting with his chinese counterpart of the summit neither give a news conference afterwards though the russian president did speak to reporters to share his thoughts on the gathering in buenos aires from now reports. one of the top reasons if not th

the chipmaker wins a battle in court to ban the sale of some iphones in china. plusit turns out uber and lyft have a file to go public. and disrupting the $445 billion beauty market. a ceo will sh d

after licensing fees, the chipmaker when the battle in court to ban the sale of some iphones in china. plus, it turns out uber and lyft filed to go public last week. just who will win the race to the public market? disrupting the beauty market. just how quickly the favorite millennial makeup brand is growing. first, our top story. qualcomm gains the upper hand in the ongoing battle with apple. the chipmaker won a ban on sales of some iphone models in china. part of thes worldwide dispute between the two countries over licensing fees. apple says all iphone models will remain on sale in china and they will dispute the court costs ruling. king, whobring in ian covers chips. -- andhave and king tamblyn, who covers litigation and policy. what is the immediate impact of this ruling? >> that is a really good question. a lot of people are struggling to find out. apple said it will remain, all of the funds would remain on sale in china. qualcomm disputed that in recently apple said they will file and ask the court to reconsider. nobody has seen the text of the injunction so the scope is , uncertain,

the chipmaker wins a battle in court to ban the sale of some iphones in china. plus, it turns out uber and lyft have a file to go public. and disrupting the $445 billion beauty market. a ceo will share details about how quickly the favorite millennial makeup brand is growing. first, our top story. qualcomm gaining the upper hand in the ongoing battle with apple. it won a ban on sales of some iphone models in china. the ruling is part of a dispute between the two companies over licensing fees. apple says all iphone models will be remaining on sale in china and they will dispute the ruling. for more we want to bring in anne king who covers chips. and we have are reported in washington with bloomberg intelligence who covers litigation and policy. what is the immediate impact of this ruling? >> that is a really good question. where people are struggling to find out, apple said it will remain, all of the funds it would remain on sale in china. qualcomm disputed that and it recently apple said they will file and asking the court to reconsider. nobody hasn't seen the text o

and china. plus in the next sixty minutes an election in thailand the election that took during massive anti-government protests four years ago so does the naming open and the action date in february mean a move back to democracy for thailand and. police stop them demand is a one time stall. but he doesn't want to go back home because he feels torture for having been critical of the royal family that. they will welcome to you. the british prime minister to resign me. he's on a whirlwind european tour to try and salvage her brakes a deal she's currently in berlin for talks with german chancellor angela merkel may is hoping to win support for changes to the brics a deal that will make it easier to sell back to m.p.'s back home on monday she took the extraordinary step of cancelling a parliamentary vote share dude today. for the very latest that we are drawing our correspondents who are following the latest developments barbara visible is in london and simon young in berlin someone you're standing outsi

is to a deal with china. plus bad apple, the stock getting crushed. are we witnessing peak iphone. a top technician weighs in. >> and sea of red on wall street today. if you are worried about things getting uglier in don't be lpo ave four hide out trades t he you weather the storm much more "fast money" right after this it's definitely a new idea, but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so, multiply that by her followers, speaking engagements, work experience... credit history. -that more accurately assess a business' chances of success. this is a good investment. she's a good investment. get ready, because we're helping leading companies lead with digital. get ready, because we're helping leading companies at&t provides edge-to-edge intelligence, covering virtually every part of your finance business. and so if someone tries to breach your firewall in london & you start to panic... don't. because your cto says we've got allies

china. on the plus side, can china said it will halt its 25% tariff on cars starting on january 1st.arately, on friday, chinese economic data came in weaker than expected. the other factor adding sol felt to the markets, brexit. on tuesday u.k. prime minister theresa may scrapped parliament's brexit vote when it became clear it wouldn't pass. conservatives held a vote of no confidence, which may survived. officials say they will not renegotiate any of the terms. >>> also this week uber and list made it official they plan -- lyft, they plan to go public, plan to list in 2019. uber's valuation could be close to $120 billion. maria, back to you. maria: thank you, deirdre. and as you just said, it was another big week of swings on wall street where volatility continues to move markets in all directions. what is fueling this movement, and how do investors make sense of it all as interest rates continue to move? blackrock's global chief investment officer of fixed income joins me now, rick reider. it is great to see you. thanks so much for joining us. and i've got to say, a great call. you

and china. plus, we will find out what barry knapp says about the shape of the yield curve. this is bloomberg. ♪ >> this is daybreak asia. major u.s. indices pared their losses today, and the nasdaq even finished in the green. some say it could have been a lot worse, but i & -- iron sides ' macroeconomic researcher barry knapp thinks the market overreacted. wasselloff we saw this week not just fine. >> i don't think so. more broadly, we are going monetarynconventional policy normalization-related correction. we had one that began in january when real rates moved higher as defense started contracting their balance sheet. it is similarys, to the end of qe1 in 2010 or qe2 in 2011 and so on. they take six to eight weeks to work through and the market is on its way unless, of course, policy truly is tight. there's obviously peripheral concerns -- is the economy really slowing all that much next year? is trade policy threatening to derail global growth and cause a deeper contraction, and my answer to almost all the questions is no. growth will slow marginally, but the underlying f

after licensing fees, the chipmaker when the battle in court to ban the sale of some iphones in china. pluslyft filed to go public last week. just who will win the race to the public market? disrupting the beauty

percentage is due in large part to production increases elsewhere including as i said russia and the us plus china canada and mexico the bottom line this time is that while opec is still a significant and serious contributor to prices their cohesion an influence has been reduced rather than wringing our hands at what they may or may not do going nuts at every nuance we should focus on what we in the u.s. do best allow our free market flag to fly and flourish focus on ensuring prices will continue to be discovered fairly and fundamentals will be based upon supply and demand not manipulated in the market focus on being able to continue to develop greater energy independence even as low prices make that a rougher and tougher task and importantly we should appreciate that energy cost impact real people many with honest businesses outside of the energy sector which have benefited from lower energy costs opec remains important and will continue to cover what they do but things have certainly changed in the oil sector. if you follow sports you have surely heard about the multi-million dollar advertising

plus artes caleb often considers the electric car battle between the u.s. and china and is it time to get over opec will give you some background in my take . can we take a look at gaming with r t america's bright cube or empire only if i have the god i'll provide a little financial poetry this one on currencies all of that coming up but first we get the headlines with the i don't rate so let's go. a disappointing initial public offering for one of the biggest names in japanese tech and global finance leads our global report today the i.p.o. for stock in soft bank corp the mobile phone unit of the softbank group raised twenty three point six billion dollars worth of capital but over the trading day share prices fell fourteen point five percent from their initial offering price of fifteen hundred yen fall created a loss on paper of roughly nine billion dollars in value the i.p.o. now ranks remarkably as japan's largest and second most disappointing just behind a fifteen percent fall in stock of japan displayed on their on the day of their march twenty fourth i.p.o. th

that they're basically controlled by the etfs, and while the negative sentiment in china, these will not rebound. plusna is slowing quite a bit. the economics don't make sense. >> next up on the trader blitz is nvidia, once a trader favorite now rbc capital markets cutting the price target to $200, that's 56% upside even with the cut and the price target. >> i own calls in here, the 135 calls, brian, got a couple of months for them to play out so hopefully that works out we also had rbc, reiterating them with the buy because of the gaming side of their business, they're saying it's underloved and i certainly say given where the stock is 126, $127 a share, i think it's got a lot of upside >>> apple supplier voxcom. may start making higher-end iphones in india next year according to a report from "reuters." what do you make of this >> i make that this is probably the sixth or seventh time we've heard something in the past year that's going to be a tremendous headwind to the fundamental business of apple. when you look at apple right now, it's simple if you're an owner of app apple, you're probably holdi

tonight, bull in a china deal. plus, stephen welcomes julia roberts and patrick wilson featuring jon batiste and stay human. and now, live on tape from the ed sullivan theater in new york city, it's stephen colbert! ( cheers and applause ) >> stephen: come on! wooo! hello! ( cheers and applause ) >> stephen: beautiful, beautiful. warm-- i can warm my hands by the glow of this audience tonight. unbelievable. you all are incandescent. >> stephen: welcome to "the late show," ladies and gentlemen. i am stephen colbert. you know how trump keeps saying he's going to make america great again? turns out "great" might be short for "great depression," because today the dow dropped 799 points. at least it wasn't 800. whew. ( laughter ) pha-pha-shew! here's the thing: it might have been trump's fault, because it was. on sunday, he announced, he tweeted out he had this great new trade deal with china, tweeting: "china has agreed to reduce and remove tariffs on cars coming into china from the u.s. currently, the tariff is 40%." great

because of the trade truce with china. plusgher gambling revenue in macao which is part of china. so they're doing very well. melco up 7%. and wynn up 10%. big deal. >>> now this, the nfl is under fire for its handling of the kareem hunt incident. video surfaced of the former kansas city chiefs running back, shoving, kicking woman at a hotel. jared max with us. fox news sports reporter. jared, he apologized for what he did. he said the chiefs were right to fire him. what is the problem for the nfl here? >> the nfl has a problem potentially with public relations because we're only four 1/2 years removed from the ray rice incident. former star for the baltimore ravens who seemed almost be another case of domestic violence in the nfl with a little slap on the wrist until video appeared on him beating up his then girlfriend in an elevator. the nfl appears to once again turned a blind eye, back in february kareem hunt had an incident outside of his residence a hotel in cleveland, with a young 19-year-old woman. things get into situa

chief is arrested over alleged iran sanctions—busting, threatening to inflame us—china trade tensions even further. plusgher prices in the pipeline. opec set to cut oil production to pump up the cost of crude, despite warnings from president trump. and, on the markets, asian shares and us futures tumble on the arrest of huawei's finance chief. the us was closed for the funeral of president george hw bush. we start in canada, where there is yet more controversy around chinese telecom giant huawei. the global chief financial officer, meng wanzhou, has been arrested at the request of us authorities, and now faces extradition there, on suspicion she has violated american sanctions on iran. the company has said it is not aware of any wrongdoing, but it is certain to further inflame trade tensions between china and the us, as dave lee in san francisco explains. there is going to be a hearing on friday in canada, and that would essentially see ms meng extradited to the us. we understand she faces charges that she violated us sanctions with iran. we have known for some time that the us department ofjustice has

china trade deal. plusa lot of power from the income with the democratic governor. this is "special report with bret baier." ♪

plus, the slowdown in china continues. shoppers and factories feeling the squeeze from a weakening global economy and the trade war with the us. and on the markets, asian shares tumbling as those economic figures from china come in much weaker than many were expecting — raising fears about the extent of the damage being done by that us china trade war. we start with brexit — because as you have been hearing — eu leaders meeting in brussels have refused to renegotiate britain's withdrawal agreement following talks with theresa may. they have though offered reassurances about the controversial irish backstop plan — which critics say could keep the uk tied to eu rules indefinitely. but is it enough to get britain's parliament to support the deal? on thursday uk business groups warned of the damage being done to the economy by the ongoing uncertainty. despite the vote to leave the eu in 2016, foreign investment into the uk hit a record high of $1.69 trillion last year. that was certainly helped by a fall in the pound making uk

what the decision could mean for the trade war with china >>> plus amazon looking to move into airportsrate story and a lot more of this morning's business headlines as the second hour of "squawk box" begins right now. ♪ >>> live from the beating heart of business, new york, this is "squawk box. >> good morning, everybody happy friday joe's favorite song. welcome back to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. also joining us this morning to break down the market's wild swings we've seen lately, cnbc senior markets commentator mike santoli. let's look at the u.s. equity futures at this hour things have gotten a little steeper in terms of the losses dow futures indicated down 175 points remember yesterday we were down by i guess it was around 790 points at the low. we managed to close down just 79 points again this morning you are looking at red arrows. >>> okay we are following the markets this morning as we get ready for the jobs number at 8:30 eastern time this morning. we will pre

china trade deal. plus, how republican lawmakers are trying to take away a lot of power from the income with the democratic governor. this is "special report with bret baier." ♪ good evening and welcome to washington, and bret baier. we began with a new attorney general nominee. possibly. most definitely, one of the wildest rides in a long time on the wall street roller coaster. the arrest of a top time chinese tech executive in canada could provide yet another stumbling block to settling trade differences between the u.s. and the world's most populous country. the rest sends market into another tailspin today, the dow was down 780 points before a fiercely day rebound to finish off just 79. the s&p 500 lost 400, the nasdaq 8:30. first, back to the future. and the attorney general surge we now know president trump is considering as his next chief of law enforcement. it does a man who's done that job before. john roberts is here to tell us with that is. good evening. >> for the past several weeks president tr

. >>> plus china accused in the recent marriott hotel hack. recent marriott hotel hack. what u.s.fficials say alright, everyone. santa will be right back, but i just got to say, if you're going to ask him for tech this year, you got to ask for fios too. sorry, why is that? because fios is a 100% fiber-optic network. don't you guys want all of the tech on your wish list to work as awesomely as you dreamed? i'm back! and he's back. 100% fiber-optic network. 100% phenomenal. get fios internet for just $39.99 per month and get a $50 amazon gift card when you install by december 31st. james: this is jane. she's a busy consultant with an active lifestyle. ne is also a kidney dono after donating her kidney to maurice, jane was back to her normal actities in just a few days. and kidney donation didn't cost jane a penny. i'm james brown. meet my friends jane and maurice. d jan't know maurice, she just wanted to help someone in need and you can too. to learn more abou kidney donation visit the gw ron and joy paul kidney center at gwkidney.org or call 1-833-kidney3. at gnot to the finish.t.

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and china and essentially i think for president moon, he's relieved that there is a break in the tension and he got an endorsement from president trump with regards to his push for diplomacy, plus innings this china statement they have kept so she's probably feelin he's py good, because this is a break and an appearance sort of short break in the rising competition between china and the u.s. that essentially when that occurs it restricts the preferred strategy of navigating the choice avoidance between the u.s. and china. south korea prefers choice avoidance because it is dependent on economic methods given that the trade with china is so significant or relies on the alliance for the security benefits and so rising rivalry makes the strategic choices both more consequential and generates more pressure as both the u.s. and china compete with each other to impose costs so as to influence the strategic choices. so i think really for south korea the sweet spot for the policy towards china was the obama administration's policy of engaging and hedging simultaneously but at the same time, both the obama administration and the trump administration has presented a challenge that south k

>> we want to discuss the fed plus china while bill rhodes stays with us. let's now get the first word on news. >> the u.k. prime minister theresa may has given herself four weeks to save her brexit deal. she said parliament will vote on the bill in the week of january 14. may faced a hostile house of commons as she tried to explain why e.u. leaders rebuffed her appeal for help last week. she still hopes to persuade brussels to offer new assurances but labor says that is not good enough and is calling a vote of no confidence. >> the prime minister has run down the clock trying to maneuver parliament into a choice between two unacceptable outcomes. her deal or no deal. the country, workers, and businesses are increasingly anxious. >> the may government is on the point of agreeing to a post immigration policy expected to favor high earners and citizens of nations deemed close to the u.k. clikely to include australia, canada, japan, new zealand, and the u.s. plus countries that adebris to trade deals. the proposals were expected to be published back in septemb

slowing chinese domestic growth will also an impact on china/south korea trade. plus it has an impact on south korean stock market. the international trade association estimated a full-blown trade war between the u.s. and china would cause a 6.4% drop in south korean exports and loss of about $36 billion. but to a certain extent, this vulnerability for south korea has also been mitigated by the fact that south korea has been, i think, per suing for some time now a diversification strategy away from depending on china too much. and that strategy really shows itself primarily in the extensive investment and trade that is occurring between south korea and vietnam. south korea is vietnam's number one investor, at $62 billion in total investment. and also, the reemergence of the u.s. as a destination as a destin sayings for korean investment versus china. on the security front, the first round case study for the effect of rising u.s./china rivalry on south korean security is the thad issue where the u.s. deployment of thad batteries in south korea became a litmus test in c

chief is arrested over alleged iran sanctions—busting, threatening to inflame us—china trade tensions even further. plusost of crude, despite warnings from president trump. and, on the markets, asian shares and us futures tumble on the arrest of huawei's finance chief. the us was closed for the funeral of president george hw bush.

plus, a 90-day truce, the u.s. and china agree to pause their heated trade war. he united states says you can't come in? >> if they can't get in legally, the only option, they'll have to do it illegally. >> cnn's chris cuomo there, we go inside the temporary shelters along the u.s./mexico border as migrants keep waiting, hoping to get across. live from cnn world headquarters in atlanta, we want to welcome our viewers here in the unite

as china resumes imports of soybeans. plus, mario draghi is set to have the bond buying program.ou. i am francine lacqua here in westmins

cheryl: how can this complicate tense relationship between china and the u.s., plus the war on christmas has a new target, candy cane, you can't make this up. lauren: move could have major repercussions in tense negotiations going on right now, we bring in dean chang, good morning, happy friday to you, dean. >> thank you, good morning. lauren: i want to talk about the timing because we had suspicions that xi was and the company was skirting sanctions. why did we act now? >> may be opportunity. she was changing airplanes in china, if she had made it back to china, highly unlikely that we would be extradite her, for example. lauren: tool kit goes way beyond tariffs or crack-down on china and their abuses. other countries might be siding with us, we are learning that japan my restrict some of huawei's technology, same for uk, if huawei has aahold of 5g, smartphone, driverless car, we want to decrease power, can that work? >> huawei is not -- has been complaints that has led to ongoing trade clashes and the imposition of tariffs, china's lack of respect and espionage. lauren: how do you expe

china? above plus more. central banks tightening too quickly or not finding enough. then you would also have mistakes of market participants misinterpreting the central banks. in the underlying politics and economics. concerned about liquidity? the fed and the central banks generally around the globe are aware. we talked about as one of the main concerns. thanos: but we do know that if there is a sudden slowdown then is going to bee called -- paused. it's not a concern. moregoing to be slightly --itive on the francine: how should we view central bank independence? does it change fed policy? i don't think it changes fed policy. i believe powell was right to tighten interest rates. the underlying u.s. economy is not week. it's good to collect and have some dry powder ahead. it was very prudent to raise rates. there's no reason for the fed to put out fires which were created by the executive part. it's a question broadly about central bank independence. we saw that last year with turkey. more recently with india. there are some concerns. is there a part of the market th

china is going to do well if the stimulus measures kick in. that is what we are looking for. it is -- it profits from the fact oil prices come down. that is a plusas well. the asia pac reason is the place -- region to be. the stimulus measures have to kick in and we may need a few more months for that to shine through. nejra: wouter sturkenboom, to catch up. vinorthern trust a.m. chief investment strategist emea & apac. the european open is next. tune in to bloomberg radio. this is bloomberg. ♪ anna: welcome to bloomberg markets, the european open. we are live from power european headquarters in london. i am anna edwards, alongside matt miller in berlin. matt: another resignation from trump's cabinet and a looming government shutdown. a selloff in u.s. stocks, yet again. deepens,equities route as welcome as begin holds gains. europe points lower. the cache trade is less than 30 minutes away. -- the cash trade is less than 30 minutes away. anna:

korean origin manufactures to the united states runs through china and korea exports will be affected by truck and chinese exports to the u.s., plus slowing chinese domestic growth will have an impact on china-south korea trade complicit as impact on the south korean stock market. the korea national trade association estimated a full-blown trade war between u.s. and china would cause a 6.4% drop in south korean exports and a loss of about $36 billion. but to a certain extent this vulnerability for south korea has also been mitigated by the fact south korea has been pursuing for some time a diversification strategy away from trying, depending on time too much, and that strategy really shows itself primarily in the extensive investment and trade that is occurring between south korea and vietnam. south korea is vietnam's number one investor at $62 billion in total investment. and also the reemergence of the u.s. as a destination for korea investment versus china. on the security front, a big case in point really the first round case study for the expect of rising china-u.s. -- the issue talked a lot about over the the last few years

plus, the slowdown in china continues.trade war with the us. and on the markets, asian shares tumbling as those economic figures from china come in much weaker than many were expecting — raising fears about the extent of the damage being done by that us china trade war.