chinese premier li keqiang will give a speech on wednesday about the country's economy. german chancellor angela merkel will speak about the eurozone on thursday. and francois hollande will give a speech on friday addressing the risen threat of terrorism. the schedule will include 280 sessions including topics like climate change and the ebola epidemic in west africa. >>> now let's check on markets for this wednesday morning. for that we go to ramin mellegard who has all the details on the main move. hi ramin, what do you have for us? >> investors are taking a chance to book some profits ahead of the key european central bank policy meeting on thursday. let's look at how the morning session wrapped up for the nikkei and the broader topix. both in the negative. and the broader topix, 1,391. excuse me. so after having posted its best trading session in over a month on tuesday, investors are take the opportunity to book profits and sell shares. investors may be a bit hesitant to make any further moves until the key central bank meetings are out of the way. some of the blue

. >> now it's a great privilege, pleasure and honor to introduce his excellency premier li keqiang, premier of the people's republic of china. premier li it's a pleasure to welcome you back to davos. because you have joined us five years ago, and actually we welcome you back also to your home. because, the world economic forum has now two homes. one is here but also we have some of davos and we have our office in beijing. this just expresses the great cooperation which we have established under your leadership with your country. and i want to thank you for all the support, and particularly for your presence and i should mention our appreciation also for being accompanied by such a distinguished delegation compromising the minister of foreign affairs the chairman of the ndrc and as a distinguished members of the chinese administration. mr. premier, you come here at a moment when all our eyes in some way are directed to china. we are living in a world where your country has achieved great strengths, which is using internationally in a very responsible and responsive way. as president suchlt m

so, ladies and gentlemen please welcome very cordially his excellency premier li keqiang, of the people's republic of china. >> professor klaus schwab, president, excellencies, ladies and gentlemen, dear friends, it gives me great pleasure to come back to davos after five years and deliver this address on the podium. this morning i had some spare time out of the official program of my visit so i took a bit of hiking nearby. the town of davos looks beautiful, tranquil and peaceful from atop of the mountain. yet the world outside is not a tranquil place. and it is not peaceful. so we need to jointly find ways to adapt to this new global context. last night professor schwab told me that davos used to be a place for recuperation from lung disease. however, because of the invention of penicillin, davos had transformed its function from lung to brain. today davos has become one of the world centers for brain-storming. we need new penicillin to treat new challenges in the international situation. the world today is anything but trubl-free. regional hot spots local conflicts and terrorist attack