huang said this principal had collapsed a significant comment ahead of october the 1st which will be the 70th anniversary of the founding of the people's republic of china what we hope. people who are well one country. we. can say hong kong. and hong kong to. where we are aware of. hong kong. and that's all he has already been on display on this island in june mostly young people rallied in support of the pro-democracy protests in hong kong the shore support isn't hard to understand if you look at where taiwan is the chinese mainland and taiwan are separated by the taiwan strait i just only 131 kilometers wide at its narrowest point and china has never let go of its claim over taiwan so what's the connection between these claims and support in taiwan for hong kong's for test movement did have a correspondent william yang joins us from hong kong with a possible explanation william good to see you is there a link is there a connection between china's claims over taiwan and support on the island protest movement. perish china's claim over taiwan especially since the president's office i

. >> we cmy name is eric huang. i'm a resident of san francisco. can i start? >> please, please, please. >> we come here today to debate in the naming of chinatown subway station after rose pak. she was instrumental in securing the funding for the station for chinatown and bringing resources to our community. if this is the sole reason, i ask you to consider the large number of closed stores in chinatown and the residents who vocally expressed their displeasure for rose pak during the significant collecting drives. please vote with a vision for future generations who will thank you with a no vote. thank you. >> thank you. next speaker, please. >> my name is cecelia chen. goal through, improve the quality of life environment in san francisco. so many chinatown -- to many chinatown residents in san francisco, rose pak's name representing bully. putting her name on a station would constantly remind them they are suffering at her hands and not improve their quality of life. it could delay first responders due to naming confusion. also most tourists won't know what

relations it comes after germany's foreign minister heiko moscow met with hong kong protest leader joshua huang here in berlin this week china says it repeatedly asked germany not to allow one into the country a scottish court has dealt another blow to british prime minister boris johnson's breaks it plans to rule that his decision to suspend parliament 2 months before breaks it is due to britain is due to leave the e.u. that was an unlawful attempt to avoid a democratic debate the government immediately appealed that decision with the case to be heard by britain's supreme court on tuesday. so what is next for brakes it then will boris johnson respect the wall the parliament pads demanding that he seek an extension from the european union in order to avoid a no deal breaks it in this week's conflict zone we talked to an m.p. who doubts that the prime minister will do that. i promise you one thing tim he'll never say i want an extension he may say i have been commanded by paula meant to ask for an extension however i think there's no doubt he doesn't want an extension and what will this extensio

well one of the leaders of hong kong's pro-democracy movement josh huang is on a global tour to make his calls known and that is drawing fire from china wang is here in germany at the moment today he met foreign minister heiko mosse a meeting that led to a diplomatic complaint from the chinese foreign ministry calling the meeting disrespectful long says that the hong kong protest movement will continue despite the government dropping a controversial extradition bill that started the protests or what is joshua long's end game in hong kong i'll ask that question and more in my interview with joshua long that's coming up a little later on the day following this newscast. well the german finance minister says that he is prepared to spend billions of euros if a future economic crisis hits but minister olof scholtz also says that he will stick to germany's strict no new debt policy even if there is a recession german parliamentarians are debating a budget for the year 2020 says he can manage maintain a balanced budget despite an economy that is showing signs of flagging maybe even recessio

relationships. >> your hope is mellanox deal, which they're reviewing, will be approved >> jensen huangill be approved this is a harder deal. this deal is a harder deal to approve than the mellanox deal with nvidia. the chinese told me they want the deal to go through so if you're -- the spread is gigantic. >> yes, the spread between what nvidia is paying and where the stock is trading is large because of the concerns that antitrust will take a very long time if at all >> if at all. >> from the chinese. >> you still think there is a chance it doesn't work >> there is always a chance until they approve it, right >> this is -- this is dispositive. this is dispositive, this xxvi deal >> an encouraging sign encouraging sign >> chips at large had a nice run, we got a table of stocks in the s&p that are up 10% plus since the last record close. it includes western digital and sea gate along with a slew of housing, lennar. >> jpmorgan saying flash, there is so many positive comments and i got to tell you, the group had such a big move. but it can go further. still cheap on a price to earnings >

we also have witness testimony talking about hajiba huang givi large money to the taliban. >> it wasr efforts on the right target. many times in drug law enforcement, information comes in that makes you believe someone is a giant target. and when it's all said and done it may not be as big as you thought. it was just the opposite for haji bagcho. he was bigger than we imagined. we knew we had enoughing it forwato go forward on prosecuting him. , but how rough? to go forward on prosecuting him. n to go forw on prosecuting him. o to go forwd on prosecuting him. u to go forward on prosecuting him. g to forward on prosecuting him. h to forward on prosecuting him. but hey. a new house it's a blank canvas. and we got a great one thanks to a really low mortgage rate from navy federal credit union. pink so she's a princess. you got a problem with that? oorah oorah navy federal credit union. our members, are the mission. my lady! those darn seatbelts got me all crumpled up. that's ok! hey, guys! hi mrs. patterson... wrinkles send the wrong message. sorry. help prevent them before they start w

the state department of transportation says it is reviewing the report to determine the next steps huang's family announced a lawsuit against tesla earlier this year saying that tesla's autopilot mode is to blame for the crash. she wasn't. >>san francisco is offering pgd 2 and a half billion dollars to buy a power lines and other equipment that serve the city in an effort to break up the utility company. mayor london breed made the offer in a letter this weekend she said in the statement yesterday that the offer was quote competitive fair and equitable and will offer financial stability to pg n a it doesn't include pg e's natural gas system in the city that's worth noting p g plans to file a reorganization plan to get out of bankruptcy. that will include how it intends to repay billions in liabilities from wild fires in 2017 2018. p g said in a statement that it is selling assets to san francisco that that was not in its best interest certainly not in the best interest of its customers and its stakeholders. >>a new development in the case of the boat fire that killed 34 people in southern

they are sending the 2nd highest person they could which is their state council and foreign minister huang ye then of course there's the u.s. will president trump will be in new york at the time of the climate summit he is not attending he's attending his own event on religious minorities so who will represent the u.s. at the climate summit along with merkel and micro modi and others well in the u.s. system they often say the longer the title the more junior you are i can tell you the u.s. delegation is being headed by the principal deputy assistant secretary of state for oceans and international environment and scientific fairs i'd never heard of before marcy or burn a cat tame favored diplomatic editor at the united nations in new york we're bringing bringing you developments from the u.n. or week to if they want a fair amount of their thanks james. well as we mentioned the u.n. event follows massive climate change protests led by young people organizers had 4000000 people of all ages took part in the world wide call for action from new york i reports. the young people are fed up and too

huang sink up 4% after hong kong chief executive carrie lam with drew controversial extradition billd two months of rallies and demonstrations s protests are expected to continue this is only one of five demands activists are calling for. was it too little too late let's bring in michael from the eurasian group let's put that question to you, too little, too late. >> i think so. if it's an opening, it's a modest one a lot of pressure on carrie lam, hong kong chief executive to follow this up with more substantive moves. >> the market took it really positively did china blink? >> i think early to say they blinked. more pragmatism. important in terms of market reaction and china's reis that one thing it does do, which is significant, it lowers the risk in the near term of large scale crackdown by beijing that's serious, something the market was rightfully worried about. at least buy more time for perhaps a political dialogue i think the tail risk for right now is a bit lower than before carrie lam made this move. >> ultimately for protesters who may have demands or ambitious or hopeful

continues to go up as if we saw the exceptions to the tariffs by the chinese, i -- remember jensen huangl go. you have to watch. >> they're still afraid of chinese antitrust approval, even though it was accepted for the review which you could argue is a positive doesn't mean -- doesn't mean the review has ended it could go on for a very long time could be held in a obey ans. >> people who own nvidia are acting as if they will get it. i like those situations. we have got duelling views >> sky work and micron, western digital. part of the upgrade is about reductions i think in some inventory levels, right? capacity cuts. >> and, look, sky works is a huge component inside of apple and i -- leah griffin has done a fantastic job not navigating both china, the united states. micron, people are saying the inventories are so low the stock was at 37, 38, we had an unbelievable call made by sanjay, the ceo, saying, listening, we're bottoming tim archer, a ton stock for the company, look at that. i don't need to tell you where most of the downgrades came, do i? >> he said looking at the screen. >>

could huang ari take them out of on the 31st and talking about a victory.alk about that next. this is bloomberg. ♪ ♪ francine: this is "bloomberg surveillance." we're continuing to watch the trade concern and what happens with the u.s. and china. we had understood there could be some kind of interim deal. this is the bloomberg scoop between the two nations. now the editor of the global times, this is party politics or at least we sometimes take it from china. we also understand that soybeans and pork are to be exempted for this additional tariff. for the moment, i guess there's a little bit of a market reaction, maybe a touch, these futures are gaining more than they were five minutes ago than after the latest headline suggesting there's a little bit more easing of tensions between the two nations. now let's get straight to the bloomberg business flash in new york city, here's viviana hurtado. viviana: u.s. chipmakers urged president trump to ease sales to huawei. they encouraged prompt action for sales that don't implicate national security concerns. trump