looking also at president xi jinping.lking to a virtual apec summit, pledging china would not engage in decoupling. just days after the region inaugurated the world's pigs free trade agreement. , talkingng by video about essentially how china will continue to open up and engage with the rest of the world. this is bloomberg. ♪ - [narrator] this is kate. - hey. - [narrator] she takes two prescriptions. kate's son jack, takes one too. kate works hard, and thought she had good insurance. but she still pays too much. that's no good. so kate downloaded the goodrx app. now she can compare prescription prices, to find the best discounts. she even beats her insurance price. good for you kate, good for you. goodrx, stop paying too much for your prescriptions. download the free app today. adapting. innovating. lsetting the course. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security. an

it's part of a technology revolution since president xi came to power. >> (xi jinping): >> narrator: chinese, working in xinjiang. many are involved in the surveillance systems being used there. ♪ it's rare for anyone from these companies to speak openly about their work, but one insider surveillance technology he the helped develop. he has since left china and spoke on the condition we conceal his identity and not disclose where he currently lives. ♪ >> (engineer): >> narrator: he says his work in xinjiang revealed to him the ways the government gathers data on the uyghur population. >> (engineer): ♪ >> narrator: it's not just the uyghurs who are subject to this intense surveillance. in kazakhstan, we interviewed chinese kazakhs, also muslims, who say they experienced the same monitoring when they lived in xinjiang. >> (sholpan): >> in 2017, the chinese state began a data collection process, which is really what supports the technology in general. they asked all people in the province to go to their local police station and submit data, which ranged from dna collection, blood, and f

xi jinping finally congratulates joe biden on his election win, saying he helps the two can manage differences. he calls for stable regulations with no conflict or confrontation. feeling flat. bank of america disappoints traders with plans to keep bonuses on par. it comes as the lender marks a 20% rise in revenues this year. let's take a look at how we are setting up in the asia-pacific session. we have some downside across the region when it comes to sydni futures. we are seeing a flat start. aussie dollar holding a 7362. we are seeing strength when it comes to the kiwi dollar. still pretty close to the two-year highs as well as the 10 year yield holding as well. shery: let's turn to karina mitchell. karina: global reported coronavirus cases have now topped 60 million with infections soaring in the american southwest and rocky mountains as people define warnings against traveling for thanksgiving. the european union says relaxing curbs to swiftly could unleash a new wave. germany says restrictions may have to remain until the new year. the partial lockdown has now been extended until the summ

just casts a shadow over the growth of the private institutions in china and chinese president xi jinping simply put that the private sector need people who listen to and follow the chinese communist party's rules. let's take a brief look at what else is going on in the business world away from the u.s. elections the bank of england increased its bond buying stimulus package by a bigger than expected 150000000000 pounds as it prepares for the economic fallout from new coronavirus ventures and the looming with afraid that the move comes as england entered a 4 week lockdown to curb a 2nd wave of covert 19. now that 2nd wave of the coronavirus pandemic has stalled a recovery in europe and its latest forecast the european commission projects that e.u. economy will contract by 7.4 per cent this year it believes the economy will not return to previous normality before 2023 the commission also warned the current rise of infections is unleashing yet more uncertainty. the i.m.f. predicts that cove in $1000.00 will lead to the worst economic decline in generations the understand china was a bright

xi jinping sending a message of congratulations.s agency saying the president wants healthy and stable relations with no conflict and no confrontation. an earlier message says china respects the choice made by american voters. the u.s. stepping pressure on russia and china. sanctioning five companies it accuses of open to promote iran's missile program. the treasury is said to be ready to announce additional measures against tehran in the coming weeks related to weapons of mass destruction and human rights abuses. president trump has parted his first national, michael flynn, who had admitted to lying about a conversation he had with the russian ambassador. prosecution ase evidence of a broader conspiracy against to the white house. is --pelosi says the act says the pardon is an act of corruption. south korea's coronavirus exceeded 500 in the first time in eight months. in spread among citizens their 20's is worrisome. the bank of korea held rates as anticipated raised growth forecasts as it assesses the covert impact. greatest the w

the heart of technological innovation as well as many many other aspects of chinese policy is xi jinping thought so if permeate policy it permeates various government documents permeates china's ai plan and that type of reinforcing china's political security is something that we're seeing narry very very prominently in its diplomatic efforts when china is trying to claim a more leadership like role outside of. its borders this is something that is a key key priority and this is something that i think has actually made a lot of its trading partners both in east asia in europe and beyond kind of wary for the outlook of china as a rising slash risen power this is because you know not every single country stands the same as china on certain india logical values that it pushes so. this this becomes a sort of diplomatic puzzle that china itself has to navigate so in a way or another could this be mainly a reaction to the u.s. sanctions they have imposed sanctions on the chinese companies such as we've have limits of the ability of chinese companies to raise capital in the u.s. could this be a

a longer-term strategy is what xi jinping talked about on october 14.he policy address was supposed to happen on october 14 in the legislative council behind me, but xi jinping came south and gave a speech in shenzhen on the same day talking about deepening integration between the major cities of guangdong in southern china with hong kong and macau. i am betting every last dollar that she will be talking about ,er vision via beijing as well plans for greater integration of hong kong. shery: given how long this has been going on, what can she hope to receive -- to achieve from this one policy address? stephen: i think one thing she could do is give some confidence to the people of hong kong and assure them this is the right path forward. ,nce we get past the pandemic greater integration with the southern china regions will be the future of hong kong. they have talked about it continuously. paul chen, the financial secretary, said mobility is the most needed attribute of the young people. we may get some specifics on the job program bandied about in local

bill clinton says xi jinping's long-term rain has upended u.s. china relations. comments in a conversation with former u.k. prime minister tony blair. >> does a new administration in the u.s. -- i think the big challenge with china is to get what i would call a strategic framework for dealing with china , rather than a series of reactions to whatever the chinese may be doing. i don't know what you think about this, but it is distinctively two things -- one is that china power today is a fact and it is a perfectly justifiable fact in the sense that it is a large population, huge economy. china is and should be one of the great powers of the world for the 21st century. the problem is the system is a different system, whereas i think when you and i were in anice, there was not expectation exactly, but a hope that as china opened up and developed, then political not in terms of turning into a western-style democracy -- but political evolution in the direction of more liberalism, i think that was our hope. it was my actual expectation. but you've got to say in the las

--t xi jinping was if china succeeds, it is not only bad for us, but really bad for the countries in the region. i hear often times these days, don't force us to choose. we hear this from some of our allies and partners. don't force us to choose between beijing and washington. i think the response of the new biden audit -- administration ought to be, we are not asking you to do that. we are on the side of your sovereignty. reopening of this the indo pacific is, about and i hope the biden administration will see this as a key element of continuity as they put together foreign policy. vivian: you mentioned nuclear. , they havet the u.n. been lighting fires under countries around the world to take notice that nuclear armed countries are going toward more tense relations. it's not just china and russia and north korea. even india and pakistan, there is a buildup. talking to the biden administration, what can we do here? even in recent days, the trump administration has been trying to get a new deal with the russians because there is a deadline. table, get china to the how realistic is th

also keep in mind there is the emphasis conveyed on hong kong onpresident xi jinping october 14 whencross the border saying he wants to create opportunities for hong kong. but instead of what happened in the early 2000 when china threw hong kong a bone by opening travel programs and mainland tourists came in and spent, the biggest per capita spenders of visitors to hong kong, it was a huge boon to hong kong. this time he is saying we want hong kong people to go the other way across the border and reap the benefits of the economy there, and also develop a sense of kinship with the motherland. the dynamics are much different less than two decades ago. hong kong is a bit on his knees right now and carrie lam will try, now that she is not as embattled as last year, when she tried to give her policy address in the building behind me but was shouted down by opposition lawmakers. she had to give her address off-site in a recorded video. that was a year ago, now is very different. the national security law has combed the streets down and put a chill in the pro-democracy camp. she has very li

but for the moment, she retains the support of president xi jinping. and that's important because for the moment it seems say i'm listen. he believes she's still the leader that hong kong needs, even so many people here in hong kong of course, feel very differently. i think one of the focus or very much the focus of our address today is going to be on what is happening across the border in what's known as the greater bay area. this is a very ambitious project of chinese leaders to connect the cities of nearby macau, in hong kong to 9 cities in guangdong province across the border, creating so the theory goes vast i.t. and financial center of which perhaps hong kong would be at the center or perhaps not, but of course none of that can really happen. those promises can't be fulfilled or delivered upon until hong kong gets a handle on covert 90 later. and it's a long address by carry law, and we know that your monitoring it will join you later in the day. thanks very much. police in thailand have summoned 7 protest leaders to face charges of insulting the

we are just asking xi jinping for independence or a revolution.he chinese communist party to honour. it's very reasonable. but we are losing our free lifestyle very rapidly and may be more and more people will be arrested, put into jail or even sent to mainland china under the national security law. how terrible. but the fight must go on. so, does the fight, when you talk about the fight, you heard the british government talk about this being a breach of the british joint declaration, but it falls on deaf ears when it comes to beijing. does the fight need to go onto the streets once again and at this point, that's illegal, and you are endangering the people of hong kong? yes, of course, because of the virus pandemic and social distancing rules, we cannot go out and people of course are concerned about their own health. but once this is lifted, when the pandemic is over, i can assure you , we when the pandemic is over, i can assure you, we are going to have more than a million people demonstrating. but i'm sure they will demonstrate in the peaceful

facing a president of global health crisis and rising unemployment of also endorsed president xi jinping as the man who will steer china through the challenges ahead. well let's take a closer look at beijing's global influence in recent years its economy is the 2nd biggest in the world after the u.s. and its plans to dominate global trade further through its trillion dollar belt and road initiative china has also developed its militarist significantly making it the largest of any country this has a large bay jeanne to reassert its claims over the south china sea practically unchallenged while expanding its presence in the region and elsewhere. and under chewed him pings leader to its budget for diplomacy has doubled and this by the recent crisis caused by the cove in 1000 pandemic she is confident china is in good place to project its global powers. well most of the world is struggling to overcome the kerner virus outbreak china has signalled that the country is well on its way to full recovery and the government's actions in recent months have set the stage for chinese ambitions across

china's president, xi jinping, might be hard pressed to admit the same.le the two were all smiles when they met in beiging during aresident obama's presidency, on the campaign trail joe biden attacked xi jinping mp >> this is a guy who doesn't have a democratic, small "d," bone in his body. this is a guy who was a thug. >> reporter: many chinese now fear as president biden will do little to mend ties, which hit a low under president trump. >> the last four years was not ideal year. lot of misunderstanding. lot of mistrust. >> i expter: henry wang is president of china's biggest independent think tank. >> i expect the relationship will be less china bashing and more realistic and more pragmatic. >> reporter: but that reality includes beijing's crackdown on hong kong's pro-democracy supporters. there the city's prodemocracy legislators were ousted or resigned this week. there's also china's militarized claims in the south china sea, its vow to annex democratic taiwan-- by force if necessary-- and its human rights record over coerced re-education of china's

regardless if you who ends up in the white house with the trade war on going china's president xi jinping has vowed to move its focus from exporting to strengthening the domestic economy trini reports now from shanghai. these custom made coins designed to commemorate events held by u.s. military and police veterans are manufactured here in addison's factory in china east 90 percent of his customers are in the u.s. but the strained relationship between washington and beijing is forcing him. i never expected trying to u.s. relations would become. deep in my heart of american. power in the history of america. stepsister looking to strike down any good looking sisters the view of the u.s. as a rival rather than a reliable partner is shared by china's leaders at the opening of shanghai's international import expo wednesday president xi jinping invited other countries to invest in china and said beijing was shifting its focus from exports to domestic consumption. china is entering a new development period to adapt to the new situation fireman's we proposed a new pattern with domestic circulatio

they had previously played a primary role in bilateral relations with xi jinping on the trade committees but remain in the parliament. neutralizing these are two sides of the coin. australia and in new zealand faced burglaries and death threats . chinese dissidents and activists are compounded by chinese communist party agents. the united front targets not just its people but also information including private data about large numbers of public and private individuals. the united states across the world makes systematic death on a huge scale of technology , university, businesses, micro-labs most recently. the united nations and capitals around the world, they ccp agents are behind bribery scandals read beijing overseas infrastructure projects that go hand-in-hand with local elites and really harsh financing terms in secret contracts with nondisclosure agreements . the united front propaganda works to portray arrangements as benevolent rather than efficacious. the ccp is increasing its propaganda on television and newspapersworldwide . while at the same time undermining independent chine

president xi jinping. the leader of north korea. what president trump is doing and how can colleagues are doing either silence is aiding and abetting these leaders. these guys are smiling. your authoritarian leader, who want nothing more than to see democracy fail, to see the model failed. these are leaders who often have eitheir own election faÇade wita pretend to have a free and fair election and then it turns out to be 90% for them that they are smiling at what is happening here. i hope our republican senate colleagues are looking at theng companies they are keeping among foreign leaders watching us because the leaders of our democratic friends and ally countries have all recognized in the selection and leaders of russia and china and north korea and others who have not. that is the company that's being keptse by so many republican senators today. it's going to do ongoing damage to our ability around the world ib the world's oldest moxie to stand up for interests of leader brady, freedom and democracy. i fear that is not even the

whatever the objections, the chinese president xi jinping has moved indisputably to cement his hold over hong kong and his record on the mainland speaks for itself. the most serious crackdown on human rights there for 25 years. because beijing really believed the people of hong kong would give up their rights and embrace the restrictions, censorship, and political dictatorship of the chinese communist party. victor gao again, let's be honest about it. china is in firm control of the situation in hong kong. as far as solar, it is concerned, no one in the world can really 2nd this 2nd. guess this point or really take hong kong away from china. that's for the record. that's not 2nd guess about that. of course on the one country 2 systems. hong kong peeps its political system in hong kong, the capital is the system. but do you think anyone will realistically expect the hong kong can be misused as a stronghold against china? no. i that all the way to 2047 go unanswered. the question was, which is where the beijing imagines hong kong would set the kind of restrictions that people in the mainla

--inping set -- g jinping this is bloomberg.aidi: the trump administration ramps up pressure on beijing. tom mackenzie is following this. we had this joint statement from the u.k., u.s., and australia itsng china to change actions when it comes to hong kong. what have we heard from president xi so far? tom: that statement coming after this speech from president the leaders of comes, russia, and it after a trump and mr. risch and lining up further actions trumpt beijing -- administration lining up further actions against beijing. it is within the context that xi speech,gave this pushing back against what he called unilateral sanctions and long armed jurisdiction, a nod at the trump administration. he said the brics nations were facing momentous changes. he said they were all in the same boat. it is not clear many in india and china would agree with that sentiment. for many, president xi's call for multilateralism will ring hollow, particularly when you look at beijing's actions against australia in terms of trade. president xi is

china's president xi jinping recently outlined a new do also kill ation economic strategy more domestic demand and technological innovation less integration with the outside world and thanks to a new wave of economic protectionism and the breakdown of traditional western alliances china has remained fairly untouched in light of human rights abuses. what happens in hong kong and in she have remarkably economy consequences for the chinese chinese government at least talk to them but the current vice pandemic has led to fresh mistrust and the chinese government and that could cause more chinese companies to go public at home. of a more i'm joined by andrew adair he's the founder and c.e.o. of d.c. berlin consulting good to have you with us andrew china is it looks like it's going from strength to strength what does the country's resilience fundamentally need for the u.s. economy and its weight of the rest of the world or more america is it's a big competition and it's going to remain so i think the. you know the most important point to bear in mind is that the u.s. still does have some inh

just casts a shadow over the growth of the private institutions in china and us chinese president xi jinping simply put that the private sector need people who listen to and follow the chinese communist party's rules. on their in taipei state just so watch for this analysis. around the world the 3rd most for gold has been a whole market of the coronavirus pandemic gold prices soar just part of the global economy came to hold and many investors were looking for safe havens a turkey for one has seen a true gold rush did all the usual johan's reports i everything they do to see here is gold and at the moment it's pretty much the only thing selling quickly it's the stumbles grand bazaar i was. gold sellers are among the only businesses to avoid a sale slump due to the pandemic. rather the opposite customers are rushing to their shops. most of a collie over has been a jeweler here for 30 years he's hardly ever had as much work as in the past few months he says felt sick as well that is when we were opening our shops in the morning customers were already queuing outside yours and i think one can s

how should joe biden stand up to vladimir putin, xi jinping? i think in both cases, honestly, despite the rhetoric you often heard from president trump, his administration actually laid up a path that joe biden can follow. both with russia. where the u.s. reassured our central european allies deploying to help defend them from russian aggression. and on china laying out a strategy about how to deal with china's use of technology against the west and its efforts to infiltrate or to i think joe biden, i just want to pursue a different tone, will want to actually reach out and insult allies. but i don't actually don't think is a significant course correction from where the u.s. was already headed under donald trump. and to what extent is trade policy foreign policy? to what extent are we going to see more trade war, memorial, trade confrontation, or are we going to see some trade reconciliation and some job growth creation? i think they'll be an attempt from the, by the ministration to pursue a trade reconciliation, especially with the e.u. . howe

take a listen to what president xi jinping had to say.the fight against climate change and continue to play a leading role to achieve full, effective implementation of the paris agreement. say most war leaders because we know president trump took the opportunity to continue to rail against the paris agreement and justify his decision to retract the u.s. from it. >> that is right. president trump was one of the few who did not support the agreement, did not talk about ways to move forward on it kid he used it -- on it. toused it to criticize and say his decision to walk away from at was protecting american workers. others did talk about what is next and said it is important not to forget about the climate goals even as they are dealing with the pandemic to -- the pandemic. haidi: let's get you a quick check of the headlines. a key investor demanded an exit. the companies which are owned by the city government will buy equity worth more than $4.5 million to hold ever grand's main property asset. it is also looking to list its property manag

we have not gotten fundamental reform in many of china's practices and policies, xi jinping continuesn the wrong direction. meanwhile, tariffs in the u.s. have heard a lot of u.s. producers and exporters. u.s. agriculture, we are still not back to where our agricultural exports were before the trade war began. here is something interesting. these quantitative deals that trump made that would supposedly 40% ofour exports -- export were not covered by those quantitative commitments. that 40% has declined by 30% since the deal was made. the chinese have not really delivered. it was probably because the weapons that trump used really were not crafted in the right way. what i think biden will do is develop a comprehensive, all of government strategy with how you deal with china, the treed problem, technology, cyber theft issues, cybersecurity issues, as well as how they handle subsidies, state owned enterprises, overcapacity, all of those things. it will be a while before that strategy is unveiled. for sure, it will involve more collaboration with the rest of the world, trying to figure ou

saying bankse are are elevating xi jinping to the label -- level of mao.e this driving china in the next five to 10 years and how do you see the u.s. responding? >> i think xi jinping is well respected, even though you do get feedback he wants to stay on for the rest of his life, but i think he's well-respected. i think people have gotten behind him. he has raised the standard of living for almost everyone in china to some degree. the infrastructure is amazing, what they have been able to do. i think he's a well-respected man and as a leader of a country, knowing all the flaws with that type of government. i think he will do extremely well and continue to build the country. i have to believe having been here as long as i have that his interests are really in the interest of china and the interest of the country and he wants to make them progress much further than they have in the past and they are doing that. and he wants them to be a respected global country, which they have been held back for many decades in the past. of course, xi jinping bringing suppl

by china's leaders at the opening of shanghai's international import expo wednesday president xi jinping invited other countries to invest in china and said beijing was shifting its focus from exports to domestic consumption. china is entering a new development period to adapt to the new situation in fireman's we proposed a new pattern with domestic circulation as the mainstay. a new development period spurred say analysts by the trumpet ministrations tough stance on china when it comes to trade and technology there was acceleration in the technological playing in the past 30 years started with the incident and then we saw the trade war as quite a fact of lowering the trade volume between china and the us bad on the sale of high tech u.s. chips has crippled china's technology sector in response the communist party says it will turbo charge chinese technological research and development over the next 15 years regardless of who wins the u.s. election china's is clear it wants other countries to become increasingly dependent on its consumer market and aims to overtake the u.s. in the race t

chinese president xi jinping referred to an international framework for the fair distribution of theaccines. the u.s. is not included. he said his country will use the framework to give priority to developing nations in getting the vaccines. analysts say the two countries will try to use the vaccines to strengthen ties with other countries. their aim is to take the initiative in global efforts to fight the virus, eclipsing the influence of the united states. ♪ >>> turning to thailand where protesters clashed with police in bangkok as lawmakers prepare to vote on proposals to revise the country's constitution. parliament began debating seven draft amendments tuesday. most fall short of a call for broad constitutional reform. their demands include curbing the military's strong influence over politics, reforming the monarchy and the resignation of the prime minister, a former military chief who came to power in a 2014 coup. police set up barricades and used water cannons to try to disperse protesters. a group of royalists wearing yellow shirts also joined in and pelted demonstrators wit

plants.two chip down.como xi jinping to speak at a summit. trade will be a focus.sident trump has his chance friday. this is bloomberg. ♪ this is bloomberg. ♪ businesses today are looking to tomorrow. adapting. innovating. setting the course. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security. and reliable coverage, nationwide. forward-thinking enterprises, deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business. rishaad: chinese companies have made an aggressive push to be at the front of the race for a covid-19 vaccine. investors have been chasing opportunity and in the broader chinese health care sector. has been-yu leung participating in the bloomberg new economy forum. thank you for joining us. when we talked it was the middle of the pandemic, in march, i believe. how did you move the business during this time? nisa: great to be here again. busys been very, very s

. >>> chinese president xi jinping one of the latest leaders to congratulate joe biden.ing list to offer their congratulations. but notably missing from that list is russian president, vladimir putin. my next guest said not only has putin not congratulated biden but russian television is pushing the trump campaign's election fraud propaganda. we have seen most world leaders, including authoritarians like i mentioned, xi jinping of china, turkey's erdogan congratulate biden at this point. how do you interpret putin's silence? >> thank you for inviting me to this. i have bad thing for you, i've seen saying things about putin and trump for years and often my warnings were overlooked. i think it's an ominous sign. putin not recognizing the reality, not recognizing biden's victory means that he expects trumps to go months attacking the election. and even if trump cannot win in the courts, which we know is the case, trump will continue his campaign to undermine biden and his presidency. i think putin knows more than he says. and his silence should tell us that he expects trump

moon and wang agreed their countries will work toward a visit to south korea by president xi jinping.hey also affirmed the need to work together to realize a nuclear-free korean peninsula. >>> china's customs authorities say the value of the trade with north korea plummeted in october. the border was closed during the month because of the pandemic. the officials say the bilateral trade was worth almost $1.66 million, down 99% from a year earlier. the total fell 76% from january through october. north korea has suspended flights and trains to and from china in response to the coronavirus. its leadership has been calling on factories and farms to boost production in what it calls an 80-day battle. the initiative comes ahead of a ruling party congress scheduled for january. >>> hacking is a growing problem for companies around the world. now about half the japanese firms taking part in a survey say they have been hit by ransom ware attacks in the past year. i.t. security firm crowd strike surveyed data security staff across the globe. in japan 200 officials responded from major companies

. >>> chinese president xi jinping congratulated joe biden on his victory in the u.s.residential race. bilateral ties have been chilly under president trump's presidency. xi voiced hope they'll warm up. china's foreign ministry says xi sent compliments on wednesday. xi said promoting healthy and stable development of china-u.s. relations not only serves the fundamental interest of the people in both countries but meets the common expectation of the international community. the chinese president added he hopes the two sides will uphold the spirit of non-conflict, non-confrontation, mutual respect and win/win cooperation. he said he wants their countries to manage their differences and join hands with the international community to promote world peace and development. >>> in other news -- argentina is in mourning for a soccer legend considered one of the greatest players in history. he died wednesday at the age of 60 after suffering a heart attack. he played in the world cup four times in a row from 1982 and lifted the trophy for argentina in 1986. he was beloved in his

but that doesn't mean that xi jinping is going to change or china's behavior is going to change. i think there are three things that we should expect in the u.s. approach. the biggest difference, frankly, is going to be simply having a coherent and consistent u.s. government strategy, you know, we're not going to have tweets by the president that suddenly contradict what his cabinet secretaries are saying and doing. the second i think is going to be a focus on getting real results. you know,iden is not going to be bought off by chinese promises and flattery. the trump administration did a lot of yelling about china, but they didn't really fix the problems. and they didn't do much to prevent the problems from getting worse in hong kong or the senkakus. so i've seen joe biden as vice president in meetings with chinese leaders. and he's tough. so they're going to know where he stands. they're going to know that he really means what he says. i think the third change frankly is biden is going to focus on strengthening america's partnerships with close allies and democracies like japan

as well as north korea's kim jong un, russian president vladimir putin, and chinese president xi jinping, a cautious response and low expectations, as special correspondent patrick fok reports. reporter: burnished autumn leaves are a sign of changing times in beijing. but as the u.s. prepares for a new era of leadership under joe biden, people here are sure about one thing -- there'll be no seasonal shift in relations between china and america. beijing's yet to acknowledge joe biden's victory. but there has been a change in tone from chinese media. the state-run "global times" offered this view on wednesday, saying the president-elect would be more cooperative. what we've been mainly seeing here in the press over the past few days is a focus on a chaotic situation in the u.s., and i have a copy of "global times" from earlier this week with one article titled "analysts predict final madness in u.s.-china policy in less days of trump presidency." nick:hat was patrick fok in beijing. for more on the reaction around the world to joe biden winning the election we get three views. marwan muash

and you know china so how is he going to handle xi jinping and where is that story go?> well interestingly one of the things that first got me interested in joe biden was when he came over to beijing when i was living there and he did a very unusual thing. instead of eating inside the hotel he and his staff some of whom are with him now worked on the china project and went to a little place right around the corner from where i lived. >> that's exactly the kind of thing a political figure does in iowa. on the diplomatic trip and china i don't know how a security team mean then let's you do that. >> their heads exploded. we are going where'd we are doing what exactly? off he goes and he goes into this place and he says to rebut a look i know you guys came in here a.m. screwing it all out. for your behalf the soul restaurant carried a biden special on the menu are the reason he did that and the reason why i mentioned it as it wasn't just -- it was a nice done that he had a deep meaning about the nature of the american and chinese contrast in politics. china at that point i

president trump, as far as we know, the last time he spoke directly to the chinese leader xi jinping,n march. he, according to his tweet, they discussed the coronavirus pandemic in its early days, and he then tweeted, we're working closely together, much respect. in october, xi jinping sent a get-well measure to president trump and the first lady when they contracted coronavirus. chinese state media does to the predict that relations will improve under president-elect biden, but they have indicated that they think that communications get more professional. that they're not going to be hearing from u.s. policy from presidential tweets. biden himself campaigned on a promise to talk tough to china, and instead of going it alone, america first, the way president trump has, he has pledged to build a coalition of u.s. allies to put multi-lateral pressure on china to cooperate. john and alisyn? >> not hearing policy moves via tweet is a safe bet for what we can expect under president-elect biden. thank you very much, ivan, for all of that. >>> so back here, why is president trump refusing to

haidi: president xi jinping delivering that keynote address.ned from it? certainly ine focus because it comes amid the u.s. election. it comes after the sharp polling of the anti-po and it comes as china recently has outlined this new growth strategy, the dual circulation strategy for which there is some concern amongst foreign investors. what he did was not comment directly on the u.s. election, but he did give a nod to the frictions with the u.s. he said that they were better to join hands. he said it was better to consult with others rather than slander each other. take a listen to what president xi had to say. will continue to improve its legal system concerning overseas affairs. we will strengthen the attention of property rights and the legal rights of enterprises. we will be building a more favorable business environment to provide better services. heard from the president saying china would import $22 trillion worth of foreign goods over the next decade, roughly in line with current trade flows. also pledging to open up other sectors of

just casts a shadow over the growth of the private institutions in china and us chinese president xi jinping simply put that the private sector need people who listen to and follow the chinese communist party's rules let's take a brief look at what else is going on in the business world away from the u.s. elections the bank of england increased its bond buying stimulus package by a bigger than expected 150000000000 pounds as it prepares for the economic fallout from. the link with afraid that the move comes as england entered a 4 week lockdown to curb a 2nd wave of covert 19. now that 2nd wave of the coronavirus pandemic has stalled a recovery in europe and its latest forecast the european commission projects that economy will contract by 7.4 percent this year it believes the economy will not return to previous restore malady before 2023 the commission also warned the current rise of infections is unleashing yet more uncertainty. the i.m.f. predicts that cove in $1000.00 will lead to the worst economic decline in generations the lender said china was a bright spot of growth this year but whi

tense regardless of who ends up in the white house with the ongoing trade war china's president xi jinping has vowed to move its focus from exporting to strengthening the domestic economy training you has this report from shanghai. these custom made coins designed to commemorate events held by u.s. military and police veterans are manufactured here in addison's factory in china east 90 percent of his customers are in the u.s. but the strained relationship between washington and beijing is forcing him. i never expected trying to u.s. relations would become. deep in my heart of american. power in the history of america as a step sister looking to strike down any good looking sisters the view of the u.s. as a rival rather than a reliable partner is shared by china's leaders at the opening of shanghai's international import export on wednesday president xi jinping invited other countries to invest in china and said beijing was shifting its focus from exports to domestic consumption. china is entering a new development period to adapt to the new situation in requirements we proposed a new patte

president xi jinping's signature trade exhibition is underway.to the china international export in shanghai, where tom mackenzie is joined by the ceo of l'oreal china. pleased to say i am joined by the ceo. it is one of the world's largest corporate netter companies. how is the business doing in china? >> thank you very much. business is looking good. since the outbreak in china, we managed to come back to it fast and recover in the first quarter. the first nine months, we are going at -- the appetite in china is still at a high level. 20% levels of sales? >> for the first nine month of the year. >> what are the key drivers? part ofnk the beauty is the routine of the consumers. particularly skincare, which is a big category in china. very active during this time. more and more consumers have more sophistication, looking at more products. big brands that they trust. we have seen an upgrade in consumption continuing. l'oreal, andlike the high quality product taste. the demand was very strong. unpack it a little bit. whatever changing consumer deman

they don't impact the world in the way xi jinping intends to impact the world. this combination of capacity and intent on behalf of the leadership of the chinese commonest party, it became clear this was the central -- communist party, it became clear this was the central challenge america will face in the years ahead. the apparatus in the state department to fundamentally shift how we think about the world. in the are an ambassador democratic republic of congo or , you know the chinese communist party is intent on impacting that country. those remarks at the nixon library, where we for the first time took a complete laid out scope with the challenge presented and how the trump administration laid out both the american response and the response collectively. this will take a global response as well. more onto drill down fhina, we see this image o president reagan in front of the berlin wall. .uite controversial then you you think about china, think about the great firewall, which reflects what china is doing in the digital age. obviously wrestling how we manage

general assembly chinese president xi jinping, pledged to make the country climate neutral by 26 feet. a goal that environmental protection groups like greenpeace believe is attainable. despite the current construction boom, china is also the world's biggest investor and solar energy. but goals for 26 states are and now for 17 year old away home evening demonstration ends with her being brought into the police station. where she was forced to write a statement condemning her actions in china, criticizing the government is to boo but we humans are not alone in reacting to climate change. animals up to temperature changes have always had a huge impact on wildlife. seasonal changes keep millions of animals around the globe in constant movement. huge every year around the world. huge numbers of animals migrate to other parts of the us. scientists estimate between $8.10 species, a migrates rate in water, on land, or in the skies. they make mammals or fish, but also insects, amphibians, reptiles, and even minute creatures such as plankton and the say. some species like eels and salmon only

. >>> chin's president xi jinping says the country will keep pushing to open its markets.e also condemned unilateralism and protectionism in an apparent criticism of the u.s. amid mounting tensions over global trade. >> translator: china will stay committed to openness, cooperation, and unity to get win-win results. we will steadfastly expand the all-around opening up of our markets. >> xi was speaking video video link at the start of a major international trade fair in shanghai. are set to reach more than ts $22 trillion over the next decade. >>> japanese mobiwireless netwo over the next ten years. soft bank ceo unveiled the plan at a news conference on wednesday. >> translator: nationwide 5g networks will enable the digitization of local governments, firms, factories, and distribution services. >> other japanese mobile carriers are planning on pumping hugements of money into 5g, kbbi will invest in advanced technology through 2030. dokomo plans to spend $9.5 million to fiscal 2023 on 5g-based stations as well as research and development. >>> america decides. nhk word jap

if he's up for the trip, but xi jinping will not sell it for free, he will sell it for free.riffs, former chief of staff josh bolton already calling for that, so he will gladly give that in. weapon sales to taiwan, et cetera, will also go -- at least be reduced. dagen: jon hilsenrath, jump in here. jon: i think it's very hard for president-elect biden. we will see if that's certified by all the states but i think it's going to be hard for him to walk away from the tariffs that president trump put in place. i think that president trump completely changed this nature of relations with the united states and china and i just don't that biden is going to be able to walk away from that very easily overnight because of political pressure back home and particularly in congress. i think the tariffs are going to be here for a while, frankly. dagen: christian? >> i certainly hope that's true. if you look at who is coming in the biden administration, we don't have a lot of names. you look at their landing teams and the transition teams it's a lot of wall street, a lot of big tech, this i

general assembly chinese president xi jinping, pledged to make the country climate neutral by 2016. a goal that environmental protection groups like greenpeace believe is attainable, despite the current construction boom. china is also the world's biggest, vaster and solar energy. but gongs for 2060 are enough for a 17 year old, aware of her evening demonstration ends with her being brought into the police station. where she was forced to write a statement condemning her actions in china criticising the government is to boo we she, men's are not alone in reacting to climate change. animals up to temperature changes have always had a huge impact on wildlife. seasonal changes, millions of animals around the globe in constant movement. huge every year around the world. huge numbers of animals migrate to other parts of the us. scientists estimate between $8.10 species a migrate every in water, on land or in the skies. they make the birds, mammals, or fish, but also insects, amphibians, reptiles, and even minute creatures such as plankton in the sea. some species like ilsa and salmon onl

we often say it xi jinping is the new emper, more ruthless and domineering that many leaders in the pastrobably as bad as mao zedong. now we see he could even end one country, to systems, in the blink of an eye. >> after starting out as a social worker and university lecturer, he became a leading activist and the umbrella movement in 2014, and was sentenced to eight months in jail last year, as a legislature. itas a te medic experience for him. -- a traumatic experience from him, but he still keeps his belongings from prison to remind him of his mission. >> becoming a lawmaker was a peak of my life but that i was sent to prison, the lowest point of my life. it was so tough in there and i had to find meaning of life by fighting for prisoners'rights. @@i told myself i am an undercoe lawmaker in jail. i am here to put a check on possible abuse by officers. i'm here to monitor the government. >> since the antigovernment movement in hong kong last year, over 10,000 people have been arrested, with the rise of a generation of political prisoners, he sees a pressing need to provide support for t

general assembly chinese president xi jinping, pledged to make the country climate neutral by 2016. a goal that environmental protection groups like greenpeace believe is attainable, despite the current construction boom. china is also the world's biggest investor and solar energy guns for 2060 are enough for a 17 year old, a window or even demonstration ends with her being brought into the police station . where she was forced to write a statement condemning her actions in china, criticizing the government is to boom we. she mends a not alone in reacting to climate change. animals up to temperature changes have always had a huge impact on wildlife. seasonal changes keep millions of animals around the globe in constant movement. huge every year around the world. huge numbers of animals migrate to other parts of the us. scientists estimate between $8.10 species a migrate every in water, on land or in the skies. they make the birds, mammals, or fish, but also insects, amphibians, reptiles, and even minute creatures such as plankton in the sea. some species like eels and some and only