to you, inside hong kong?really distressing to see what's happening. protests and violence seems to be continuing and the whole community is getting very anxious. some people feel they don't see a breakthrough. they don't see light at the end of the tunnel. and indeed, for the whole city, we are yet to find a political solution to the crisis. and there is is felt very deeply. —— this is. and the central government, beijing, is also getting very anxious and is worrying that hong kong might get out of control. therefore, it has been emphasising the need for stability and security, but unless a solution is found i don't think that prospect will come about very soon. do you admire the tenacity, and one could say the courage of the mostly young people who still take to the streets despite knowing they may well phase water cannon, tear aghast, button charges and rubber bullets? ——? water cannon, tear aghast, button charges and rubber bullets? --? my feelings are rather mixed. on the one hand i can see that many youn

of hong kong. the whole world has a stake in a peaceful and just resolution in hong kong. the passage of the human rights and democracy act is an important signal that this congress, democrat and republican alike, house and senate, considers hong kong's freedoms and autonomy a critical interest of the united states and the international community. in hong kong, they encourage each other to keep pressing orward with the phrase -- with a phrase. today i say it to all of you in hong kong. your cause is a noble one. you will not be forgotten. i reserve the balance of our time. the speaker pro tempore: the gentleman reserves. the gentleman from new york is recognized. mr. engel: it is my pleasure to yield one minute to our speaker of the house who has been very, very active in hong kong freedom, the gentlewoman from california, ms. pelosi. the speaker pro tempore: without objection, the gentlelady is recognized. the speaker: thank you, mr. speaker. i thank the distinguished chairman for yielding, a salu

just has passed in relation not only to hong kong but also that. a hong kong human rights and democracy act that would sanction officials responsible for human rights violations and also makes economic relations with hong kong conditional on the u.s. secretary of state certifying that hong kong remains autonomous from china would you say that kind of pressure is helpful and should there be more of it for example also from europe from germany i think is very really helpful because right after the bill is passed and both of. us. chinese authorities were furious 7 different organizations from the authority have spoken as like a combo they skip saying that they regret that bill was passing something like that and i think if the european union or germany will at least propose some legislature or some policies like that this kind of gesture showing that we're not going to tolerate chinese violation of human rights would be very helpful in terms of the hong kong situation or those i think in china because it's a really good show of gesture saying that we

law grants to hong kong. the bill will freeze the assets and travel 6 officials who are responsible for abducting hong kongers, like the journalists and book sellers who have been vanishing without a trace since 2017. and it will ensure that pro-democracy protesters can get visas to the united states, despite their specious arrests. but if the chinese -- but the chinese communist will simply pull back from the brink, if they will keep their promises, if they will respect the one-country, two-system approach, none of that will happen. so beijing has a promise. keep its promises or give americans and the world one more reason to treat china like an outlaw regime. so choose wisely, mr. general secretary xi. mr. durbin: madam president. madam president, i want to thank my colleague, senator rubio, cardin, menendez, and representative chris smith for moving the hong kong human rights and democracy act in both chambers, legislation which i am proud to cosponsor. with the situation deteriorating by the hour in hong

theis the conflation of hong kong protests with the hong kong stock market even though the hong kongverwhelmingly chinese onshore companies. uncertaintytinued around trade between the u.s. and china. last but not least, the inclusion of china into the msd i index has opened channels for foreign investors to take a new look at foreign markets, so demand may be relatively higher. for all these reasons, the discount exists and may be great for investors who have access to the onshore market as well as the hong kong market to do analysis and make sure they are buying in the right market. paul: one particular stock we are looking at very closely today is alibaba. 176pricing coming in at hong kong dollars. alibaba is not going to be traded in china, but is that an example of the hong kong discount as well? wax i don't think so. we need to step back for a moment. the big story is that this is the most important technology in china for the last decade. locally having access to this technology company. that would be like the u.s. not having access to amazon. the big story is that alibaba fina

in hong kong. welcome to daybreak asia. paul: our top stories this monday, hong kong police say they are dispersing and arresting protesters after a dramatic standoff but deny they are staging a raid. u.s. and china hold more trade talks as the edge towards a deal. pboc warns of challenges ahead and warns of a slowing economy. arabiasouth -- saudi lowers its target for saudi aramco ipo, but it is still expected to be one of the biggest in history. australian markets have kicked off trading. let's turn to sophie for what to watch. sophie: aussie shares are slightly higher by about .1% after a two-day gain. 50 points shy of a record high we saw back in july. altogether we are setting up for a mix to start potentially an agent given that hong kong remains a point of concern as the city faces yet another week of potential disruption. nikkei futures in chicago swing to the downside this morning. iecking on currency moves, want to highlight the pound is gaining ground early. this, after conservatives ple

reporting on hong kong should have a very deep and gauge in the fate of hong kong i hope that people can see that we care. what will happen in 123 or 4 years are they going to shut us down are they going to take away our newspaper registration will we see over censorship in hong kong. after 14 years this is home to me. i think it's yeah it's a city we're fighting for all. the i'm probably the most pessimistic person in the room but i guess the good thing about hong kong has a very vibrant civil society but never the government does something there was a big response. when the public's more informed about what's happening in the world and they can make more informed decisions about how they want to they run their governments a. press freedom is you know important to take the end of climate of the carding freedoms. the british iraqi journalist who's visualizing complex statistics in a simple. i think is a summary sites of opportunities to break apart from those systems and she collects data in a way that represents different communities challenging mainstream misconceptions to keep the

kong grave and irreparable damage that's what they think you're doing to hong kong. the mantle well of course that matters but as i have mentioned what matters to most of us about whether we can actually bring a change to our political structure and government structure and that would be do come and go and would be the most important goal for us to achieve for. this moment and i believe even forward the department of justice's self as in being totally independent for now after after the handover of hong kong from the british government to the chinese government we can see down to our core values our tradition where systems being encroached by the chinese government we can see from to rescind prosecutions that the department of justice only prosecuting in putting those processes on cart while they are there if you still have independent judges you still have the independent courts while. in terms of system they are independent however we can see that they're actually being very heavily influenced by the chinese government and that they're sidestepping this of for exam

scenes like these are being repeated across hong kong tonight — the new, very young faces of hong kongis, will any of these victories have an impact on the hong kong government, or on beijing? earlier i spoke to one of the pro—democracy camp who was re—elected in his seat. he is lo kin hei, vice chairman of the democratic party, who was re—elected as councillor for the southern district for lei tung ii constituency. i asked him what he thought of the election results. i was surprised with the turnout yesterday, because you know, a lot of hong kong people, theyjust queue up in the morning, early in the morning, and then they don't mind queueing for one hour or two hours to actually vote. and this is the greatest turnout in hong kong election history, so i think we appreciate hong kong people's effort in making it to the ballot. but of course, we know that this result comes from a lot of suffering, a lot of sacrifice from a lot of people in the past half a year. so we are one hand — on the one hand we are happy with the result, and on the other hand, we are sad that we need that result s

so people can hong kong do need america but we need the people in hong kong. over there, people are fighting for their homes. if we ignore their struggle, we make be doing the same thing in the not-too-distant future. hong kong is the frontline of freedom. there's another frontline, south korea. he's doing his best to end democracy and south korea. more important, he's working to end south korea itself. that's the state he was elected to defend, thus the state he took an oath of office to defend. we have to think about on august 15 of this year. seventy-first anniversary of the founding republic of korea, 1948. he gave the address to the nation but he managed to not talk about the state that he leads. instead of talking about the 71st anniversary of south korea, he talked about the centenary of the founding proclamation of the government of korea. that never existed. in 1919, korea had already been annexed by japan. so why did he do this? why did he talk about the provisional government? the provisional government tended to govern all of korea. it's a korean n

if you want to help hong kong. removing most—favoured—nation status would hurt hong kong. yeah.ing point. and i think one that, you know, the chinese government itself may want to argue. there has been a big debate over the period of the unrest in terms of how much china really needs hong kong now as a gateway for international trade and investment. there are, of course, now other ways, trade and investment. there are, of course, now otherways, other trade and investment. there are, of course, now other ways, other routes for investment to come into the chinese economy. and so it may also be the case that this threat doesn't have quite the weight that it might once have had to stop the importance of hong kong as a percentage, a proportion of the greater chinese economy is obviously much, much lower than it was 20 years ago at the handover, when china formally took over the running of hong kong. soa took over the running of hong kong. so a question mark there as well about how much influence of this are may actually bring to bear or how symbolic, in fact, may actually bring to be

i'm sharanjit leyl in hong kong. the headlines: a pro—democracy landslide in hong kong's district council elections sweeps aside the pro—beijing establishment. turnout was more than 70%, the highest ever recorded in any hong kong election. our correspondent witnessed an upset. well, you can hear all the excitement here, and that is because a 23—year—old democracy activist has just unseated a pro—government incumbent who has held this seat for the last 20 years. i'm kasia madera in london. also in the programme: leaked documents seen by the bbc reveal the extent to which prison camps in western china are used to brainwash the muslim uighur minority. the billionaire former mayor of new york michael bloomberg announces he wants to run for us president as a democrat. good morning. it is 1:00am in london, 8:00pm in new york and 9:00am it is 1:00am in london, here in hong kong, where the pro—democracy parties are on course for an overwhelming landslide victory in local elections. with about half the vote counted, the pro—d

to stop the progress we're going on through the hong kong is china's hong kong and hong kong affairs are purely china's internal affairs no foreign governments or power has the right to intervene. also coming up phasers doctors concerned about antibiotic resistance are increasingly turning. viruses that kill bacteria untreatable by other drugs a thing that fitch therapy is getting more and more important because. i think so or more and more fearing. people are actually dying because so the infection can be treated. and china has reacted angrily after u.s. president donald trump signed bills backing hong kong pro-democracy activists beijing says it will take firm countermeasures against the u.s. for meddling in its domestic affairs the new legislation means they'll be an annual review of the favorable trade status that washington grants the territory. pro-democracy demonstrators thanking u.s. president donald trump for signing legislation that ensures the u.s. backs democracy in hong kong. there was music in the including the star-spangled banner. trump a hero. for u.s. president sign

to hong kong. with the city of hong kong, which i think is an incredible change and shift from the past. samuel, that will be true only if it is implemented. what you have his president trump signing it, congress overwhelmingly supporting it, but it will need to be implemented? exactly. and i think this is really a reflection on the fa ct this is really a reflection on the fact that there was really 25 years that led to the situation today. i'm glad the hong kong democracy council has come together to keep the pressure on making sure that the us government is doing the valuation and certifications faithfully and diligently to make sure the visa processing is actually being monitored, and also to look at specific ways that that sanctions must be taken in incidents where hong kong police and china officials have actually committed and violated human rights. samuel, does it worry you that president trump is not consistent? the record shows he goes back on assurances he gives. he has frankly betrayed a

they caused the big trouble in hong kong.ay say so, hong kong, you and many other chinese officials have been saying to people like me for months that the silent majority of people in hong kong are not with the pro—democracy protesters and demonstrators. they are with beijing. that is not true, and we now know that is not true. i think it is still too early to tell. i said a0%, 0k, and according to some reports, they report that the pro—establishment candidates have also been harassed, interrupted, threatened. you know, some of them even assassinated, you know — mr ho. so this these violent radicals, they create terror. i call it terror. so that really prevents people voting. ambassador, you watch events in hong kong from afar, like i do, on television. and you see, just as i do, the brutal crackdown that the hong kong police have been implementing on the protesters for months now. the point is it hasn't worked. carrie lam's strategy, she of course the chief executive of hong kong, representing the interests of beijing, ultim

in hong kong. president trump has not signed off on that yet, and he refused to say whether he would sign it in this foss interview. but he said it was a complicated matter in terms of the trade discussions. the unofficial deadline we are looking at is december 15, because that is where in theory additional tariffs could be put on chinese products. we are looking for both sides to make some progress before that unofficial deadline. sophie: tom mackenzie in beijing. to hong kong, pro-democracy candidates are poised to win the majority of seats as voters have a chance to make comments. rosalind chin has latest. a record turnout? recordd: definitely a turnout for hong kong. more than 71%, which is unprecedented in any hong kong election so far. we did see that local media are reporting that 349 seats out of a total of 452 district council seats have been taken by the pro-democracy camp. forhis is a pretty big win that side and a message to carrie lam about what the sentiment and emotion is of the popu

that hong kong has had since 1997.d authorities are saying basically thatis authorities are saying basically that is not right, and they feel that is not right, and they feel that thejudges that is not right, and they feel that the judges have that is not right, and they feel that thejudges have misinterpreted the law and have pointed out that perhaps the law may need to be changed in order to make sure that any ban on facemasks was legally solid. thank you very much for that. the us secretary of state has announced that washington no longer considers israeli settlements built in the occupied west bank to be illegal. the move breaks with 4 decades of american foreign policy. the settlements are widely considered illegal under international law, although israel has always disputed this. palestinians want this disputed territory as part of a future independent state. calling the establishment of civilian settlements inconsistent with civilian law has not worked. it has not advance the cause of peace and. the hard truth i

double that of hong kong's g.d.p. and that makes hong kong very vulnerable to a drop in tourism numbers and we've seen a sharp drop in tourism in the 3 months to september tourism fell by 26 percent compared to the same period last year and if you add the u.s. china trade war which is already weighing on hong kong's economy that makes matters even worse hong kong fell into recession in the 3rd quarter for the very 1st time since the global financial crisis in 2009 and just to rounded up hong kong is now forecast to have the sharpest growth slowdown of any advanced economy so that's it's not good some serious consequences lately all right monica jones from business thank you very much. you know anyone who has visited thailand's capital bangkok knows that you have to take your life into your own hands when you cross the street drivers are infamous for refusing to stop for pedestrians but a group of volunteers is hoping to brush away the problem with a little creativity and an optical illusion. they say let's head can ch

rupert wingfield—hayes, bbc news, in hong kong. we will go live to hong kong.ome more reaction a little bit later. now i want to bring you up—to—date with a story that is developing at the moment. a court in washington has ruled that former white house counsel, don mcgahn, must comply with a congressional subpoena related to an investigation into russian interference in the 2016 us elections. that probe is now complete, but the ruling could provide a legal basis for white house officials to testify before the impeachment inquiry. our north america correspondent david willis is following the story for us. david, this is just david, this isjust coming through to us at the moment. talk us through the significance. it is interesting because the white house had argued that former senior aides had immunity from being called to testify before congress, and therefore, there was no compulsion for them to do so. well, now, a federaljudge in washington, dc has decided otherwise, and that means that the former white house counsel don mcgann, a very influential man, somebod

ruled out postponing that if there is more violence clock al-jazeera hong kong. well let's now get the thoughts of our guests joining us from beijing is honor tangan he's a political analyst and advisor to the chinese governments on skype from hong kong david swank to rex there of transnational china consulting ltd and in london benefit bridges he's co-founder of whom cohen watch that's a human rights organization gentlemen welcome to the program let me start with you i know it's hangin we've had 6 months of protests the situation is clearly deteriorating just how did we get to this point why are we in this violent stalemate well you have a movement that does not necessarily have a core of leaders it's kind of metamorphosis that every time they get something they want a 'd identify something else and i say that day i mean it is a group decision and as a result it has just a spiral downwards now it is just simply almost a terrorist movement that is really literally holding the people of hong kong hostage. as a terrorist movement you would say that these protests w

they put chinese soldiers into the hong kong police wearing hong kong police uniforms. they have brought out the thugs. they've now got carrie lam saying i i want to talk to 150 randomly selected people. good luck with that. i don't think they are actually thinking that far ahead. they have to make important anniversaries coming up, octobet going to be rejoicing in the resumption of chinese rule. by the way, carrie lam canceled the big fireworks display on october 1. and they have another date coming up which is next year, which is the 100th anniversary of the founding of the communist party. that's another date that is on the protest calendar i'm sure. what they really try to do is focus on the here and now. when it comes to 2047, who knows? i don't know what they are thinking. [inaudible] we now have china taking over the south china sea, -- supporting a nasty dictator in north korea and hong kong. by any measure they've lost the right to rule one quarter of mankind. so let me ask the question. when do we begin a quiet campaign to break up the communist party, to brea

and proudly identifies as a hong kong. boley all hong kong people must condemn the violence and the illegal acts no matter where we are from including our friends from germany the us japan we only to stand up and say no to this so this must stop order for sure true. but he's not concerned about the city's freedoms to those who say they fear that hong kong might become more and more like the mainland he responds so what question i'm saying that 90 or so what i'm from lunging but i know very well would. be i often go to shanghai and to beijing and. i don't know hong kong very well so much a joke i think there's nothing to fear. i think the source of this fear is that people don't understand the mainland. we nearly however is afraid of losing her freedom there's videos she publicly defends the democracy movement are circulating online when her father recently texted her from the mainland warning that what she said was inappropriate she knew who was behind it obama supporter if i might have a doesn't know how to pass the great

then it would lead to hong kong special state has been revoked in which case u.s. would start of you hong kong more in line with mainland china so that is say that they have by opening the door to possible sanctions and tariffs and a radically different business relationship and we know like the reason protests have hurt hong kong's different sectors and many companies they have warned that the protest and weakening economy have caused reputational damage to the city as one of asia's most important financial hubs and so. started more than 5 months ago members of the business community were also out on the street demonstrating now that the situation in hong kong has become much more violent are they still on the side of the protesters. well yes i was say this is the people are still on the side of the protesters of course they don't agree with the violence used by radical protests but they believe that hong kong's business confidence rests on the existence of an independent judiciary that up holds the rule of law and individual rights and so on just yesterday we saw

in hong kong is continuing and how hong kong special freedoms are being protective if hong kong doesn't seem to be doing that. then they can review hong kong special status where it would just become like another chinese city all right so it's not it's not as though the u.s. is sort of swooping in and saying what solace it was hong kong was already enjoying some sort of favorable treatment from the u.s. and this is the u.s. saying well you know we can give all we can take it away that's right yeah it's quite symbolic in a way because it's got this massive impact but it is just sort of say that they are backing the democracy movement on the democracy protests and on kong so it's quite a big symbol but it was in existence before the special stages but this actually kind of adds to the pressure on china china's talking about firm countermeasures if the u.s. continues in this direction what are those likely to be well we don't really know yet what they could be but i love this will do with the b. to do with the trade war intends to basically maybe stand its ground on the trade war make it m

trump signing off on the hong kong bill. we have had reaction from hong kong.is is meddling in the internal affairs of the city. also saying it will put a strain on ties between hong kong and the u.s. we are looking ahead to what the retaliation will be from beijing. they have promised to push back with their own countermeasures. will they retaliate is the question. david: that is a good point to make. cash markets opened up here. 50 word statements out of the white house. may have changed the complexion of markets as we wrap up 2019. yvonne: those risk assets taking a hit given the knee-jerk reaction. howere just talking about the u.s. records that were sent when it comes to the dow and s&p as well as the nasdaq. third quarter gdp. things took a turn around. asia, tough to follow that track record. u.s. futures down a third of 1%. the offshore bremen be weakening. beensteady that we have talking about leading up to a phase i deal being signed soon, that cracking trade we are off from the lows of the session. japanese yen out of the six month highs we have been

ambassador, you watch events in hong kong from afar, like ido, on events in hong kong from afar, liked you see, just as i do, the brutal crackdown that the hong kong police have been in lamenting on the protesters for months now. the point is it hasn't worked. carrie lam's strategy, she of course the chief executive of hong kong, representing the interests of ageing, ultimately, she began with a strategy which was built on withdrawing the extradition bill, hoping that would quell the protests, the pro—democracy protests. that didn't work. she then clearly instructed the police to get tough. we've seen that that doesn't work. what's beijing going to do now? i think it needs the whole picture. it's not the... the problem is not the hong kong police. i think hong kong police is the most disciplined, professional, civilised police force in the world. if you compare what is going on in hong kong and also what is going on in the united kingdom, do you think a similar situation would go on and on in the uk? have you seen the pictures? the pictures of the policemen opening fire on the protest

support for hong kong protesters.ng says the bill severely metals in china's internal affairs and reiterated its threat of retaliation. the hong kong government says the bill is "unnecessary and unwarranted." the bill requires an annual review of whether hong kong is sufficiently autonomous from beijing to justify its special trading status with the u.s. arewhile, hong kong police sending teams into the city's polytechnic university, ending a 10 day seizure against protesters barricaded inside. the aim is to restore the safety of the campus and gather evidence of damage. a university team searched campus and found only one protesters still there. meanwhile, police say they have arrested almost 6000 people in protest in june. half of them have been students. the listing that could be china's biggest since 2015 is facing headwinds as investors lose interest in mainland stocks. state owned vendor postal savings bank of china is looking andaise about $4 billion, the turnover on mainland exchanges is down 71% on a march i.

anna: what does this mean for hong kong?is coming at a time when we see a lot of tension, protest activity, and violence on the streets of hong kong. to see a listing under those conditions is quite surprising i suppose. >> it is surprising. in many ways, it speaks to the thet of alibaba and popularity it holds among investors, the fact that is able to carry out such a large listing at a volatile and delicate time in hong kong is testament to the company's standing and the fact that hong kong still remains a viable listing venue for companies. this will come as a huge success for hong kong. it is a huge boom for the exchange, which has been lagging through the summer behind other exchanges. this helps put it right back at the top, just ahead of the nasdaq. this could put it on course to reclaim its crown as the world's top listing venue. it had that crown last year with a spate of multibillion-dollar listings. the pace slowed down somewhat this year. this listing by alibaba puts hong kong squarely back in the wee and going t

commute hour in hong kong.nty more to come. this is bloomberg. ♪ haidi: this is daybreak: asia. i'm haidi stroud-watts. shery: i'm shery ahn. the latest check of the latest business flash headlines. more than $38 billion in purchases at this year single day shopping three and sees more to come in the future. that figure would be a record, topping last year's high marks for the 24 hour retail marathon. alibaba says half a billion consumers across the world bought things as diverse as the apple gadgets and mangos from uganda. taylor swift and gem help boost sales. haidi: tesla has shown off its first cars built at its plant in china as it prepares to start sales of locally made vehicles on the mainland. all came in blue and sporting chinese characters. tesla's first out of the u.s. it is a test of the carmaker's bid to prove it can make money in the world's largest automaker. shery: longtime struggling commodity trader reported a net loss in the third quarter on a series of one-time charges and the flatlining of

kong shouldn't movement now except that it's time to make a deal with the hong kong government for that too becomes impossible. choice to welcome to some pressure if it's wrong for the hong kong police to use violence why is it right for the demonstrators to use. well 1st of all i don't think the level of violence used by projects are based on de intention to attack anybody i believe the intention of using violence is only to protect ourselves because saying that the police had been beating a protest. without a reason when the police are you saying they return it yes but they do more than retaliate don't they october 20th we have a group of hardcore protest has thrown petrol bombs the station police station in retaliation we could only go one protester starved a policeman with a box cutter we have a homemade bomb which went off on the roadside by the grace of god didn't hurt anybody or killed anybody is that kind of violent crime talking about well what's the justification well i believe the justification is because when potus realized that peaceful demonstrations the marchers are no lo

hong kong lacko member. the u.s. and chinese trade negotiators held what is described as constructive discussions in a phone call saturday as they look to address each side's core concerns. our china correspondent tom mackenzie joins us from beijing. constructive, what does this tell us about how close we might be getting to concluding a deal? tom: it certainly seems like we are getting very close to its final stage of phase one. of course we heard from larry kudlow on thursday of last week saying essentially the same thing which they are edging closer now to being able to get a document in place which they can then put in front of the two presidents and sign off on. we know this call happened following kudlow's call. apparently initiated by the u.s. side. the chinese vice premier in discussions with steve mnuchin and lighthizer. and they talked about the central concerns for both sides. we know in the last few weeks they have been working on the details around things like agricultural purchases, commitments

reporting on hong kong should have a very deep and gauge and the fate of hong kong i hope that people can see that we care. what will happen in 123 or 4 years are they going to shut us down are they going to take away our newspaper registration will we see over censorship in hong kong. after 14 years this is home to me. i think it's yeah it's a city worth fighting for. i'm probably the most pessimistic person in the room but i guess the good thing about hong kong has a very vibrant civil society but never the government does something there is a big response. when the public's more informed about what's happening in the world and they can make more informed decisions about how they want to they run the government. press freedom is you know important to take the end of climate of the carding freedoms. business updates brought to you by. going places together. business updates. going places together. and. more tension on the streets of hong kong as the police again clash with protesters . control.

the hong kong bill in the u.s.rough the houses and is awaiting the president's signature, but even that may actually happen somewhat under the radar, so to me, it is again another sign -- reading between the lines -- that there is more incentive on both sides for some kind of a phase i deal. i think for the global economy to really benefit from a true reflation trade, you need to see animal spirits properly returning to the global cycle. you need to see capex restart again and i do not think you will see that without a concerted rollback of tariffs. i think simply pausing tariffs and not allowing them to escalate further from this point is insufficient for that to happen. shery: thank you. amy xie patrick. a quick check of big stock movers in japan. we are seeing hitachi chemicals surging 15%. this after -- said it was mulling a stake purchase in the company. they said they have not decided on hitachi chemical at this time but they are considering acquiring a stake in hitachi chem, sending the stock soaring 16% ear

on lost support in hong kong spread to mock racine movement china threatens a firm response. to the shock carry this is al jazeera live from doha also coming up rocky protesters set fire to the iranian consulate in the city of shah playing in tehran for propping up the government they want to move. on the unions hold their 2nd general strike and we question the government to abandon conservative economic plans. plus concerns in mexico that america has plans to designate drug gangs as terrorist groups that allow washington to operate inside its territory. as president has signed 2 bills into law that back hong kong's pro-democracy movement american sanctions can now be imposed on chinese and hong kong officials deemed responsible for human rights abuses and special trade status will be reviewed every year territories leaders say it'll damage relations with the u.s. while china's expressed a stream of right over the move saying it will respond with farm counter measures pedicle hansen following developments from washington. this could be a powerful tool if the president chose t

kong our correspondent charles impale in hong kong for us thank you charlotte. well romanian very tuesday costing about it say to the 2nd round of presidential elections but they're doing so in a climate of political instability and public anger over allegations of corruption that if spock huge street protests that well lotus will decide between the incumbent president klaus your highness and former prime minister he couldn't cheat on his government was recently ousted because all the alleged corruption now whoever wins will have no executive power but could have a significant influence over the future direction of the country. proud romanian staunchly pro europe and a level headed champion of the rule of law. that's the carefully crafted image of romania's incumbent president klaus yohannes he's been in office since 2014 and secured 40 percent of votes in the 1st round of the 29000 presidential election. i'm going to say where all the old woman should have always believed in romanians this is a great joy for democracy. at sea at the in the money. this exceed yo

the hong kong government bears primary responsibility for bringing calm to hong kong.iolence and unrest cannot be resolved by law enforcement efforts alone. su: the bank of japan governor says he regrets he has not been able to achieve the target of 2% inflation. japan is no longer in deflation, where prices only fall, and he does not agree with calls for a higher cpi goal. he added that policy neighbors are watching threats at home and abroad and will consider further easing if the risks increase. abeld bolivian leader morales said the country's legal head of state should be a senator from his majority socialist party, who was elected leader by the senate last week. move,s dismissed a rival whose claim to be the interim president has been recognized by the u.s. and brazil. inez declared herself senate leader in a session of congress boycotted by the allies of morales. global news 24 hours per day on air and on twitter powered by more than 2700 journalists and analysts. i'm su keenan. this is bloomberg. david: thank you so much. let's turn our attention to china. speci

now, it is back in hong kong.he --ember -- we haven using been used to hong kong having this disruption in business. but i hope for you guys is that the situation is back to normal. when it is back to normal, you see the tourism is back to the city, which remains a major hub for luxury and other injuries. rishaad: one of the key things in the retail space is we have had fewer and fewer mainland china visitors coming in. that has caused a huge slowdown. are you seeing the demand being shifted elsewhere in the region as a result? stores in the world. we are seeing growth in singapore. on mainlandso china. the trend we have in the retail operation in asia is surprising enough. 75% of the business done with mainland chinese is with -- having more and more chinese buying in their country. tokyo aresingapore, still getting market share. rishaad: are they making up -- >> it compensates a majority of the losses in hong kong. the biggest away was the first couple of months. we were not in a position to expect what was happ