the timeline may impt japanese caakers ch as toyota motor and nissan motor.hey assemblhybrid and electric vehicles overseas using major components imported from japan. this means the companies will need to raise their local content to avoid future tariffs. >>> chinese regulators say they've identified major issues with how the large payment services provider ant group does business. it's affiliated with the e-commerce giant alibaba group and operates the payment app alipay. watchdogs including the people's bank of china and the china banking and insurance regulatory commission announced on sunday that it asked the group to review its business practices. ant group had expanded its financial services to include small loans and insurance. the regulators ordered that it return its focus to payment services and establish a new company to extend loans unde their supervisn. alipay is estimated to have more than 1 billion users, mainly in china. last month, ant group's initial public offering was suspended following a meeting between chinese regulators and company ex

spotlight on she-eos and female executives, nissan motors naming allyson witherspoon the first chiefor product marketing. this comes as the company unveils 10 new products in the next 20 months. joining me right now is nissan u.s. chief marketing officer, allyson witherspoon. allyson, great to see you. congratulations to you. you're unveiling two new nissan vehicles. tell us about the interest in the vehicle today and how much you're seeing in terms of the demand for electric. we just had this whole conversation about what elon musk is doing. >> yes. so actually it's great to be here with you today, maria. so we're incredibly excited. today we are revealing the new 2021 armada, this beautiful beast of a vehicle back here as well as the new 2021 kick which is on my other side. we're very excited. this adds to our incredible lineoff of suvs. what we've seen is we've seen refreshes in the exterior as well as a lot of refreshes in the interior, adding safety and technology and connectivity features, so excited to launch these new products today, adds on to the product of transformation,

when nissan was looking for where to put its manufacturing plant, now the largest in north america, they came to tennessee. and then general motors put its largest plant, now the largest in the world, it came to tennessee. then we improved the roads and a thousandt suppliers have come to tennessee. so we have had republican and democratic governors who have and hadogether opportunities. and states and family incomes have gone straight up as a result of the arrival of the auto industry. >> you said being governor is like moses, being senator is like parade coordinator, so what is it like being a cabinet education secretary? sen. alexander: that is a good question. it depends on your president. i happen to have a really good one, george h.w. bush. bob teeter, who was his camp -- campaign manager said, he may have been the only person elected president because he was nice, but he was also modest and courageous. what weed me to develop called america 2000. when he called me to take the job i was president of university of tennessee. i have two questions mr. president, may i develop a plan to implement your education program subject t

nissan was looking for a place to put its manufacturing plant, now largest in north america, and it came to tennessee. and general motors now put the largest plant in the world in tennessee. and today, suppliers have come -- and then we improve the roads, and today about 1000 suppliers have come to to tennessee. we have had a series of republican and democratic governors who worked together, handed off opportunities, and state's family incomes have gone straight up as a result of the arrival of the auto industry. greta: you said being a senator is like being parade -- being governor is like moses, a senator is like parade coordinator. what is it like being an education secretary? senator alexander: it depends on your president. i happened to have a really good george h w bush. one, his campaign manager said, he may have been the only person elected president because he was nice. but he was also modest, courageous, so he allowed me to develop what we called america 2000. when he called me to take the job i was president of the , university of tennessee and said, i have two questions. may i develop a plan to implement you

we are watching hand a motor, it is to take full control, which exports to more than 40 countries. nissanter the carmaker decided against producing an electro vehicle suv in the u.k. on brexit uncertainty. choosing instead to ship the models to europe from japan. targeting ¥260 billion in cost cuts. report that it has the price of its 5g mobile plan by ¥1000 per month. the stocks to watch on the open in tokyo and seoul. this is bloomberg. ♪ bloomberg. ♪ >> welcome from bloomberg's headquarters in york i'm shery ahn. i'm haidi stroud-watts, asia's major markets have just open for trade, our top stories this hour, still nervous truly -- no relief in washington, they claim a deal is gross but sticking points tremaine and the government may shut down if funding is not agreed. vaccine has vaccine -- backing from fda advisers, the panel says the benefits outweigh the risks. and abandon ship, the virus followed hit shipping as well with a sharp rise in the number of vessels left drifting on the high seas, bloomberg has a special investigation. japan and south korea coming online, let's get to so