an hour away, in his taxi, in a sprawling city, mr yu supports reforms, but has a word of warning.vival of the figure should apply. but isn't it true that if you —— the people should be better settled. and he knows that change because of progress. this was the site of a smelting plant where he worked before it went bankrupt. heuristic lives of the future and is part of china. they are making car seats for bmw. so what, i hear you say. there is nothing new about making car seats, even once put together mostly by robots. what is new about this place, what is different about this factory, is what it's down here. this is an incubator. it was very different, doesn't? it is a space for local start—ups to create more than car seats. the factory owner got cheap land and set up incentives to invest. translation: the area will rely on high—tech and smart companies to revitalise the region. president xi jinping promised a decisive role for market forces in china. that is not quite happen. there are fewer of the haydon—jones, but many of the workers are still waiting to be moved. in other busi

mr. thaler from chicago take the nobel prize. thaleryou use richard within the geoff yu world? in terms of the resale market, what he has hypothesized, that is applied by a lot of our clients in this space, wealth management. powerful.ry i think we in finance have a lot to learn from this. fx, it is a theme. tom: and it goes back to the aler's endowment effect. once you are deal, committed to the trade, you think it is the best thing going, right? >> your risk pay off does become asymmetric. that is term by psychology at the end of the day. if anything, it is not applied enough. tom: is this great or what? we have geoffrey yu to start us off here with ubs in london. later on, the former economic director of the international monetary fund to begin our imf coverage for the next four days professor olivier bland chard. ♪ francine: this is "bloomberg surveillance" with tom and francine. it is a game of reckoning for catalonia as the government needs to consider independence. lawmakers will be addre ssed in a move that risks a backlash from madrid. joining us now is charles lichfie

yu darvish with a solo home run as houston goes up 4 in the first two innings. the astros with some d. george springer getting horizontal on taylor. and then mr. peacock came in.iever goes three innings to close it out. no hits, zero runs for the dodgers. you can watch game 4 tonight right here on ktvu. >>> turning to the fires. the atlas fire is coley contained while the three other fires are close to full containment. >> we are joined now by cal fire spokesmen lynette around. thank you for joining us. >> thank you for having me. >> first of all, 100% containment. does that mean the fires are out ? and what lies ahead for the next few weeks? >> actually it means we have full containment line around the fires and we will have no ignition of a new fire. fire crews are out there working making sure that areas are mops up. they are down to dirt and it will be no rekindling of the fires. >> looking forward to it could be another wet winter, have a good is a concern of erosion. these buyers covered a lot of acres. >> our folks go in there and do a lot of suppression repair. they go into areas where there's been bulldozer lines done. we want to put those areas back