less than 10% of the products were for direct sale by gobi. however, since privatization in 2007, the company has rigorously engaged in capital investment to produce a large number of products for direct sale. gobi is putting much effort into designs aimed at the overseas market. in the past, the company manufactured the same designs for both domestic sale and overseas sale. recently a new team has been set up within the design department to specialize in designs targeting overseas consumers. the company is also recruiting designers with experience of studying overseas. in the near future the company plans to secure contracts with italian designers. the president is the force behind the transformgsz of gobi into an internationally recognized clothing brand. he bought out the state-owned company. he's also trying to launch a new fashion label to highlight the appeal of mongolian cashmere to consumers around the world. >> translator: i'm aiming to develop a mongolian cashmere brand recognized by consumers across the globe that will sell in large

it blasted off from a facility in the gobi desert. people across china watched it on tv as they celebrated the harvest moon holiday. the space lab is an upgrade to the previous version launched in 2011. the modification allows astronauts to stay on board for an extended period of time. >> it's a complete success. >> china plans to launch a spacecraft next month to ferry two astronauts to the lab. they'll conduct various experiments dug their 30-day stay. china is beefing up its space program to establish itself as a space power, a pillar of that ambition, is it's own space station, separate from the international space station, operated by the u.s., japan and 13 other nations. china hopes it will be in service around 2022. >>> beijing and tokyo have been at odds over china's incursions of international waters. they have now agreed to push ahead with efforts to prevent military clashes. the defense and foreign ministry staff wraps up two days of talks. they agreed to work faster toward launching an emergency communication mechanism. on

the heavenly palace was on board a long rocket that blasted off in the gobi desert. next month the second mission is , due to take 2 astronauts to the station to conduct research. a former hitman from the philippines has told a congressional hearing that the current president, rodrigo duterte, personally shot dead a government agent when he was a city mayor. orderedsaid mr. duterte him and other members of a death squad to kill suspected criminals and opponents. in response, the government minister called the allegations lies and fabrications. the family of a black woman found dead in a police cell in texas last july has been awarded $1.9 million for her unlawful death. sandra bland was arrested and detained for minor traffic violation, but was later found hanged shortly before she was due to be released. her death was ruled a suicide but ms. bland's family later sued. you are watching "bbc world news america." still the come, americans are not the only ones getting ready to go to the polls. we are in russia ahead of this weekend's parliamentary elections to gauge th

it was carried into space on a launch center at the edge of the gobi desert in northern china. space ship with two astronauts will dock with the station and remain on board for one month. launch alooking to mission to mars by the end of the decade. news powered by more than 2600 journalists and analysts and over 120 countries. this is bloomberg. it back to you. the worlds of news in of investment banking on this anniversary of the collapse of lehman brothers. said to berans are raising up to $500 million for the first fund. isning us for that story natalie who covers boutique investment thanks for bloomberg and simone foxx. let's start with you, natalie. it is interesting that is the anniversary of the lehman bankruptcy and here comes a lehman veterans to raise this cash. what is the firm focused on? natalie: miggy was known for energy details. he was an advisement on the energy transfer williams deal that fell apart this year. he does all sorts of oil and gas. he hired someone this year to focus on investment management. it is kind of like the comeback of the emergent banking