bloomberg, shanghai.side gdp numbers show retail sales are continuing to climb in china. let's have a look at the business climate, the business changes in china, as well . oo of anal c international consultancy joins us. give us an idea -- you've got you havetenants identified when it comes to chinese management. what are they? [laughter] i won't go into all the detail, but basically, chinese management have a very specific model linked to three elements good one, a very strong government, a very strong entrepreneurial spirit, and a very strong heritage. that has given a very special way of managing business. >> you are saying it is developing in a way which is dynamic and yet fuzzy. explain. >> yes. the world is changing. --some of us know >> volatile, uncertain, complex, and ambiguous. >> it is the new world we are in. everyone experiences it every day. the stock market, the economy. the chinese have evolved in this wvuca world. they want to be able to be balanced, to be competitive. >> how does it wor

the wind want to go six km in the downtown area of shanghai. in the near shanghai university according to french properties will build high end residential building with the wind in the future market analysts said to help with the bestie and residential buildings like the dow up more than one thousand two hundred us dollars per square foot. in addition to shanghai one show other firsts appears to be an extension until all the cute too and revenues in the first month of the year data showed that intention the main revenue totaled more than two billion us dollars. the analysts noted the right link on my push of the house prices in yet finally three people daily three government relief preferential card the wealthy chinese people. the korean daily ultimate chocolate yule ball recently published a notice and tiny. it noted that in order to attract more wealthy chinese tourists. dr is going to get special travel card for tiny people the card owners with several privileges to the five or more per entry be a vip only checking channel when entering the

bbc news, shanghai. >> for digging the future is always dangerous. a decade ago -- predicting the future is always dangerous. one thing this publication is looking at 2014 and guessing what we can expect in the year ahead. from economics to entertainment. "time" magazine has a new issue with their take on the biggest trends. for more, i spoke a brief time ago with the senior editor from new york. you have that crystal ball somewhere about your person. what does the u.s. economy have for us in the year ahead? >> the markets had an incredible year into -- in 2013. the question really now for the recovery, as we go through 2014, is whether wages will start to rise. a lot of the jobs that have come back after the recession are not paying as well, frankly, as a the jobs we lost -- as the jobs we lost. >> time magazine says janet yellen, the new chair of the federal reserve, that she is the most powerful person in the world right now. what does she have in store for us? >> if you believe that unemployment is the most vexing problem in the u.s. economy righ

shanghai high of 17. tokyo at 16. starts to cool down there by sunday, and then by monday, back below average for most of you out here sapporo minus three. a little bit of a warm-up into shanghai. but things staying relatively cooler than what they are on saturday. let's see what's going on over towards the americas. where we have, well, several storm systems. one moving across the great lakes here. this is bringing some widespread snowfall. also very gusty winds. dramatically reduced visibility for a lot of you. we just showed you that video out of chicago area, just a few hours ago. about that pileup. the car wreck that occurred because of the reduced visibility. and unfortunately you're still going to see gusty winds and heavy snowfall. that arctic air coming in from the north making things exceptionally chilly. this is not just the only hot spot. we're also looking at freezing rain down here towards houston. this is continuing to mix up and wow you're going to be looking at some areas about 3 millimeters of ice ac

. >> reporter: scenic watertowns lie outside the city of shanghai. seashell windows have graced this inn for about three years. >> translator: they are traditional. not only that, they are valuable. >> reporter: glass hadn't been common until about a century ago. so, the wealthy people of the shanghai region used translucent window panes made of seashells. they considered paper too sensitive to humidity. >> translator: i felt the wisdom of the people from olden times. >> reporter: this man sells seashell windows. he also manages a brick factory. while making bricks to restore old buildings, he started thinking there might be a demand for seashell windows. >> translator: one of the things i like about seashell windows is that they soften the light. another attractive feature is, they're strong. and, one more thing that pleases me, they're filled with ancient wisdom. >> reporter: xi came up with a way of making seashell windows from scratch. relying on his childhood memories of watching window craftsmen, he replicated the traditional windows. the key s

but about 30 minutes drive from downtown shanghai we found an illegal vendor. he was selling chickens and pigeons. clients would choose which ones they like and he will kill them. the price is about 20% cheaper than the normal market price. >> translator: our market was shut down by the government. we had to kill 2,000 birds by ourselves. but we did not get any compensation. we have no choice but to sell our birds in the street. >> reporter: a few days ahead of the lunar new year, the demand for chicken meat picks up, and loads of them are being transported all across china. during the new year celebration more than 3 billion people move around the continent, too. the world health organization claims there has been no evidence of sustained human-to-human transmission of the virus. but the authorities remain vigilant, asking people to avoid contact with live birds. nhk world, shanghai. >>> cases of human infection with h7n9 strain have also been reported in taiwan last year. a japanese expert on influenza viruses and a former adviser at the world health organiza

the density pm two point five in shanghai. reached four hundred forty seven micrograms per cubic meter one day in december. there was the highest level since weather officials began disclosing records to cheer the zoo's line for the shower and you know tidy and tokyo. the serum nhk world. the house. i know this i am. it always is. he concludes next. there is always to its teachings. i was. i am subjected to these constitutions to me the stink eye. i know. it is discreet and two. he's great. i can see . the national increase in the strategic pieces. it approximately the same school and says japan's she could find. the sponsor and secluded area. protect it. in the spring steel wire wrote in her knee and was in the sky is famous for surprisingly these court expenses and to get through this one the nice man from whom you ask this through we're. he says photographer you to know. i think it was eighteen when i found myself apps in the desert. designed to more americans. to you. it was like falling in love since. just a week since a

this engine was due in shanghai. in college in the paris school of the most famous british private schools for chinese people but and thirty cradle to the lead role. about twenty british ministers meeting in college when prince charles and prince william. he'll be difficult or not easy to get into. courtney in colleges rules only two hundred fifty applicants are actually able to roll into laughter. many rich for his family life or that old and very early on take the competition just that much harder for chinese parent. as result the shiny pants are turning their attention to other private boarding schools in britain the competition from china is getting tougher though the applying a map and now he's getting better doing it most chinese parents prefer to prepare related materials one year in advance reportedly spotted percent he said the overseas student to bring an increase of twenty one thousand to dump seven to fifty six thousand dollars and twelve. according to independent school come for my feet. for more than tw

what source agreed our prices are not limited to shanghai. one boy due in the well known high end cemetery in dc where only the graveyard and the symbol of high social status and reputation. in ordinary greater plot usually consists of sixteen square feet. with prices starting from twelve thousand six hundred dollars printed out today the average price of only about three thousand eight hundred dollars each for presenting at least thirty per cent annual increase since then. with prices continued to score every year many young chinese people are worried that i crave your plot. even though they will still need to win decade could use it. an alternative service for customized one three graveyard was introduced in early two thousand thirteen. in prices for this service toward an even greater rate from twenty five thousand us dollars per square foot the introduction of the price rose to thirty thousand dollars to one week later at his current retail price is fifty one thousand dollars. so why have they got pregnant on a river filled rapidly. the p

shanghai free trade zone drive with light to the nearby area the establishing of the shanghai free trade that has driven up off the threat to his own. now that china spread out by becky the area let me off the picnic area of may company to veer off to the errand to run into them for her. the kids until the developer and a chance to build off the pace and nearby areas. late december last year. shanghai the thrill of the developer and fifty three million dollars. i'm predicting a wimp law for building off the paper the plow and even more than five times higher than starting price. dividing the building area the accommodation guide to reach fifteen thousand two hundred for square meter. for two hundred forty dollars per square foot. marking time between the highly marketable to drive the office rental prices up by the tv. the show but the hot off the pace rental market which began on the ftp with her now. from july to october with the ftc with established office rental area. what about more than two hundred percent don't go well because of that money matters what to make the meat in the boa

shanghai free trade don't drive with light to the nearby area the establishment of shanghai free trade zone has driven up office rented out now this trend of three applied at dc area. the women off the picnic area of may company moved up to the area surrounding the film quarter this is real. the developer and a chance to build up to a nearby area. late december last year. a shanghai based group the developer and fifty three million dollars. i'm predicting a win proper building off the picture the plow truck even more than five times higher than starting price. dividing the building area the accommodation guide to reach fifteen thousand two hundred yuan per square meter for two hundred forty dollars per square foot marking time between the highly marketable to drive the office rental prices of ivf tv. the show but the hot off the rental market which began on the ftp with personnel from july to october with the mpv with established office rental area what to buy more than two hundred percent. don't go away because of that money matters what some of the need to do forty schools they can a

we all know the problems we have seen from the shanghai composite. we have liquidity concerns and shadow banking in the background as well. arew stocks we are watching these property names. of challenges facing property developers. a lot of these names are looking .utside of their home countries we will get more details on that in just a bit. they are saying that property sales in china may slow to below 10% in 2014. they are citing research from the housing bureau in china, the ministry of housing. really more the a share market in hong kong. at this point, it is fairly good so far. and up they. >> a man shot overnight as the city prepares for major demonstrations today. tousands have been deployed counter what the protesters called the bangkok shop down. it is an attempt to capitalize the capital and topple the prime minister. counselt an did popular --they want and unpopular an unelected popular counsel. >> since election in 2011, thailand's prime minister has had a predictably rough ride. political opponents consider her a proxy for her brother w

shanghai, not china. why shanghai? well, this is the most highly selected sample of talent and ambition that lives there. now, if we compared, say, cambridge, mass and palo alto versus shanghai, i think we'll do better. we are always mesmerized by our high schoolers in the united states. look at the distribution of the top universities in the world. 17 out of the top 20 are american. you know who came up with that lead table? shanghai university. final point, inequality. you want to talk inequality, go to china. the so-called genius quotient is a whole hell of a lot worse than the united states. >> thank you for the interesting conversation. an nfl player says he was fired because of his outspoken lgbt views. is this a step back for gay rights? >> and >> scholars and writers, policy makers and cultural icons >> don't miss the best of "talk to al jazeera" revealing... >> he said he was gonna fight for the public option, he didn't do it... >> personal.... >> from the time i was about nine, i knew i was different in ways

wherein junsu and guangdong provinces several other regions including shanghai and beijing have also reported human infections this year his shot high of four out of eight patients have died from the deadly virus them with the travel rush taking place ahead of the chinese new year health experts of court on the to stay away from live poultry and maintain good hygiene habits. meanwhile another strain of the bird flu at age ten and eight is also starting to write headlines. health officials in east china's jiangsu province on saturday confirmed the second place of that particular virus the fifty five year old woman is now in a critical condition. he first showed symptoms of the soul front and dizziness in early january and was admitted to hospital last wednesday the patient reportedly once visited and agricultural market. people who had close contact with the patient so if i haven't done any abnormal symptoms all there are the first human case of the eight ten in a fire as was reported in the seventy three year old female patient in the same problems last month later died of respirator

i can feel the changes the image by electing the night sky the shanghai city government had banned the launch of violence by civil servants state run company officials and their families. officials also the tv called on citizens to refrain from using firecrackers and other file lax. the operator of suspicion that ninety eight nuclear plants as they are slowly learning more about that down and check the number one reactor containment that self deception was caused by the two thousand and eleven accidents. and he is done investigating leaks in several places in the containing container that houses the wii active they're injecting water to cool nuclear field. because the circulation system was destroyed in the water is leaking and crawling around the site in them and their crews using a camera equipped mobile i discovered two weeks in the lower part of the containment vessel. they examined the image is another day that an estimate that more than one tonne of water may be leaking from unknown holes and cracks. he and his plan to use another robot to find other possible problems that is six

we need to be about online shopping was to me by the shanghai consumer council. online shopping has become a part of chinese people's daily lives taking shanghai's example nearly ninety five the respondent could online shopping experience according to survey people of the kingdom of god to fight out the man from three hundred thirty eighth and thirty dollars nearly sixty five percent of the online shopping consumers. paper for shopping online because of the cheaper price. lonnie lee fifty five percent of online shoppers of cold tea tree according to shanghai consumer council. to repeat what i or dictation. he invented a new idea of shopping online. and e commerce also requires consumers who were capable of using a computer which many college degrees are. back to national been killing me not expect to earn one point five million dollars for endorsement we really not a famous chinese. it was just really open to the first chinese athlete to win the tournament you don't achieve the first and only decent and their twin to the grand plan that got into the person that h

taipei up to twenty shanghai seventeen sunny skies as well. so start to see that for the locals range ours coming through. only six expected for you. on saturday unless they took over towards the americas was going on here right now. another several low pressure systems we are keeping an eye on both them creating winter weather first. this one downpours the gulf of mexico and well this far south you wouldn't expect fill the gap that has been snowing over the waters hearing even into new orleans even reporting some spill over to houston freezing rain causing on numerous some flight delays and cancellations even reports of power outages out here the good news this will taper off but then as the keepers off this next system in alberta clipper comes in from the norfolk is to bring widespread still fought on some gusty winds across the lakes here and then fall behind that another blast of this artic air they'll be coming in irenaeus and toddled minus four three or higher on your friday but by saturday and sunday it's going to feel more like martine

its members are expected to issue a final report in march people in shanghai and learning how to protect themselves against an everyday threat to the house and getting tips on ways to deal with the pollution that's clogging they see the clouds of tiny particles known as pm two point five in nineteen shanghai and other types of china. health authorities say the pollution can cause respiratory diseases such as blind can set any two hundred people attended an event organized by the japanese consulate to show them how to reduce the midst of a meadow plants and urge residents to check the density of the pollution before the exercise outdoors he recommended they keep the temperature inside at about twenty degrees celsius and the humidity between forty and seventy percent did you know. it's not that students taking them a chance i had to be careful of that in pollution. leno now know that i don't have an air purifier now. so over the chicken out and buy one to clinch the points evolution in shanghai last month lease its highest level since officials began emily seemed a day in june two thousand

shanghai's only third place with one hundred forty seventh out of the lead. with so many potential consumers of expensive goods in china has become increasingly important for lunch and trying to understand that. well the chinese people. one way of ascertaining that information and publications from the hoover research institute which has recently published that year the monthly consumer survey for two thousand fourteen the annual report examines chinese millionaires. that total more than ten million renminbi would be in the revealing that happened and brand recognition of wealthy chinese people. for the great tradition who collected nearly four hundred chinese leaders. twenty three different provinces and cities. perhaps unsurprisingly many of the converse with those who undertook a survey with you for your studies. as beijing shanghai and one show the average book responds with a shade under ten million us dollars. well the results show that thing could increase economic growth and the government crackdown on content and played well. chinese consumption of w

bloomberg, shanghai.ess the state of play with my next guest, even harris, cohead of research at bank of america merrill lynch. he is usually based in new york that joins me live this morning, looking very refreshed. you arrived at 10:00 last night. >> coffee is doing the trick. -is what coffee is for. but us talk about the state of play inthat state of asia. what do you see in the u.s. economy, fundamentals improving? we are expecting china fourth quarter gdp. how does asia look for the next quarter, as we see the global conditions improve? >> first of all, the global economy is definitely improving. we have seen europe come out of recession. there have been strong divisions in the growth fears. not booming growth, but better than the bad economy a year ago. strength,., real growth of about 4%. this is a much better economy. for ishaq, there is a spillover story. i do not think asia itself is particularly strong. i think the region is dealing with a trend. slowing in china, as the economy gets passed its

in shanghai, they brightened the sky in the city's bund district. some chinese cities have banned new year's fireworks because of serious air pollution. lights illuminated a section of the great wall. >> translator: celebrations, it's quite special that we are celebrating the new year at the great wall. it's nice. >> translator: i hope everyone can go green in our daily lives and do something to help reduce smog in beijing in the year 2014. >> in taipei, colorful fireworks lit up the taipei 101 building after the clock struck midnight. >>> japanese traditionally mark midnight on new year's eve by gathering at shrines and temples. worshippers have been flocking to a major shrine in tokyo to pray for good luck for the coming year. the sound of a drum resinated throughout michi shrine at midnight. this is the cue for worshipers to begin prayers and throw monetary offerings. many japanese visit temples and shrines during the first few days of the new year. >> translator: my dream is to play an important role abroad, so i want to study english hard. >> t

stephen engle spoke to him in shanghai.he investment bank is very strategic for us. we have been making a lot of changes to our strategy. our strategy is working. it is one that is focused on supporting our clients and wealth management. have very fine assets and capital that we want to put at work in the investment bank. us tois no necessity for make changes. >> is a spin off one of the options you're considering? >> no. we are not considering that option. >> what would be next for you? of you happy with the pace asset reductions right now or is something else in the pipeline? >> we are at a forward target that we announced two years ago. a year ago, we announced an acceleration of that strategy. us tois no necessity for revise our targets. >> are there other potential assets? is there something else that would be a possibility at this time? have a veryhat we well-defined business model right now. i don't think that we -- some of -- they arere in coming off as expected. we are today the best capitalized bank among our peer

the shanghai composite is down by about 0.6%.here across the region, south east continuing that selloff as well. the pressure in the market has to do with emerging markets. we will be tracking jakarta when that comes on screen in a few moments. let's take a look at the hang seng index. it is very rare to see this side of this graphic with no green on the screen. no stocks advancing at the start in hong kong. some big names declining. war folding, sans china, bell international among those key movers. the hang seng now down about 2%. take a look at the pie charts. these are initial indications. it may not seem as accurate perhaps as it could be. consumer services as we said, the big decliners. we expect them to take the biggest fall, leading the kleins, 3.2% drop. travel and leisure shares, this is what we have. declining, zero advancing. casino shares in macau, sands china, galaxy, cathay pacific, we round out this list with cathay pacific. >> that indeed, the regional benchmark index at levels we haven't seen for over four month

we caught up with sergio ermotti and shanghai. he said that is not going to happen. >> there are no speculation. i think the investment bank is very strategic for us. we are making a lot of changes to our strategy. the strategy is working and is focused on supporting our clients and wealth management, corporate and institutional's. assets a very defined and capital that we want to put at work in the investment bank and the business model works. there is no necessity for us to make changes. >> is a spin off one of the options you are considering? >> no. we are not considering that option. the man behind that is chris wheeler. i got off the phone with him and said, what do you think about this? he said sergio ermotti is playing politics. there are two ways to deal with a leverage ratio issue. tothe finance minister was get her way, it would have to go to six percent to 10%. it is now about three percent. one way is to curtail lending. the other ways to get rid of investment banking. sergio ermotti has said that he wants to keep inve

you will have to give us a tour in beijing or shanghai.menezes, chief executive officer diageo. diageo's growth strategy involves expanding in emerging markets but emerging-market currencies have made such volatile moves recently in response to fit tapering. what does it mean for these emerging-market economies? jonathan ferro joins us with the latest. >> the corporate angle to this is fascinating. you see these big moves and emerging market currencies. you have a couple of national hedges, the geographic distribution and time, the beauty of time. it could iron things out. for now, for each lire, each rupiah, each round, they are getting less bang for their buck. if you're in a country like turkey, you're getting crushed right now as the lire gets weaker and weaker. what is remarkable over the last couple of days is that you seen that they -- you have seen a turkish central bank hike. use of the south african central bank hike. that is quite concerning. >> the fed isn't helping. the fed has to do policy for the united states. it is not doi

so high that if they were treated as a second jurisdiction they would have placed second only to shanghai in science and reading and would have ranked sixth in the world in math. so inequality matters. >> yes. yeah. and your point is? by the way, my father was active in the civil rights movement in the 1960s and a lot of my cultural awareness and sensitivities as i'm floating in the universe were anchored by just that kind of awareness. the inequality of -- the unequal distribution of wealth. but that's almost fundamental to a capitalist system. but what you don't want to have happen is to have unequal access. okay? people will sort themselves out by who works harder and the rest of this. i got that. i even embrace that. but if everyone does not have equal access, you are not getting the best people. your country will falter. >> and that's wherein equality matters? >> because you have disenfranchised the whole community that may have been contributing but no because they never saw the light of the intellectual day. so, yeah, that is bad and it's not the sign of a healthy democracy. it's n

shanghai at 5, seoul at minus 3. ulan bator minus 17 that's typical for this time of year by the way. and down towards the tropics into the 30s. those afternoon thunderstorms will start popping up for you. now into europe, the big talk here has been the low pressure area just west of the scandinavian peninsula. this is tapering off and the winds are calming down. you see that really loosening up here. fortunately, the weather pattern, high pressure down here towards the south. that's going to be keeping one after another, moving off here towards the north. so wet and unsettled conditions are going to remain the constant. very warm down here, though. and that's the big topic here for you, as well. seeing a cooldown by friday. but still look at your temperatures. well above average here across much of europe. that's a look at your world weather. >>> chinese rock singer might have this largest stage yet on state-run television. the rocker was an inspiration to many demonstrators during the 1989 tiananmen square protests

shanghai's -- china's shanghai composite sank to a five-month low while hong kong's hang seng index eked out a weekly advance. >>> u.s. lawmakers have introduced a bill with far-reaching implications for american trade. negotiates are trying to finalize a couple of trade deals. the transpacific partnership, and another with the european union. congressional leaders wans to give president barack obama greater powers in getting those agreements passed. lawmakers from both parties admitted the trade authority bill, it would grant the president what's known as fast track authority. the bill would allow negotiators to reach agreements that congress could approve or reject without making changes. >> that's right, madam president, the trade authority clearly we're going to get transpacific partnership agreement and clearly without the trade promotional authority we won't. >> fast track authority is considered essential for negotiators trying to reach last-minute compromises for a tpp deal. the bill would also impose requirements on government officials. they would have to take steps to ensure o

the start of trading here in hong kong and shanghai.opening numbers. ♪ >> on the hunt but who is the target? toovo conferences and talk buy. interest in rising in the u.s. recovery. investor opportunity is seen as the highest in years. we are about to get hong kong underway any moment now. looking at the start of the day as we are for the rest of the day. david is looking at the nuts and bolts of what is giving people confidence. >> you know what a difference 30 minutes makes at the top of a nine hour market. actually finding its way substantially higher. it is now 30 minutes after and about green upon -- across the board. japan is much higher. we're are looking at hong kong, shanghai, the philippines. are in focusarkets because of the spike up in money market rates yesterday. in providinging liquidity to the bigger bank. they seem to be falling at this point in time. they have the seven-day rate which peaked at about 6.6% yesterday. last i checked it was just about five .25%. of lets the were re-our. -- where we are. it is below 2000 f

even in shanghai, the high teens including tokyo, as well. you have partly cloudy skies throughout the rest of the week, and temperatures will get up to 16 degrees by saturday. but that's a look at your world weather. here's the extended forecast. >>> that's "newsline" for this hour. i'm gene otani in tokyo. from all of us here at nhk world, thanks for joining us. oyj >> we will be talking to the head of human rights watch at the world economic forum in davos, any tree for all of you star wars fans. you will get a glimpse of storm troopers like you have never seen them before. straight to our top news stories on "france 24." are gathering just outside geneva for the most serious effort yet to end the bloodshed in syria. regime -- the syrian regime and opposition meeting for the first time since the start of the civil war. the opposition went into the conference

one bill has so far confirmed a twenty one acumen eight seven nine cases and aso in shanghai in one of the tyranny of a chemist with the medical worker. well both are nice and says there are so far no signs of sustained human to human transmissions really what this as his outdated and mom lying they jane thanks to accompany the season the us. how how chu new evening when when when when when when when. sells. is it. six season speed. sells. is it. six season. the us. you lou lou who will . i know. the result still lying. and by the japan get a bit humid and dynamic economy. the best holiday destinations. i was on

so many young people are getting a very different message and are in my view strong-armed shanghai into the military. [applause] >> hi. my question refers to the notion that's been brought up a few times that the current wars are going on indefinitely. i was in the military during the vietnam war and the veteran -- i mean come the career soldiers at the time who i spoke to about what was going on in the various conflicts he had been in, including the viet conflict, they say generally they were wars to obtain a raw materials resources. i had been watched the progression of subsequent wars. .. i tend to think that explanation is not sufficient. there are certainly people who would argue quite strongly that there's a one word answer to why we invaded iraq and a one word answer is oil. i don't think

in the preceding month prices in cities like beijing and shanghai climbed more than twenty percent year on year continuing a recent trip. and as the latest in business for this hour. his attack on the markets in. the south. we warn investors who do due to injury. the tokyo market leads to win. i wanted to rule the world. from the decision to quit change the course of the economy lincoln christmas. there's more to do. in our bike stolen from a brown one. oh but wait it's because he's continued to read it. he called me smile. and i didn't say citing this month between rival anti government groups in syria has left almost seven hundred people that forces loyal to president assad said and tried to take advantage of the deficiency and this isn't a job positions boys have been battling against light is affiliated with al qaeda is still an effective tool in the northern city of aleppo and house plan to add to this with the british human rights groups say one hundred civilians were among those who died and gun fights and suicide attacks by islamic extremists in yemen places had been exploiting

first the pre don't tell me he didn't think a lot of money on migrant workers beijing shanghai one two inch engine for first year big cities in china the number of resident in beijing and shanghai has raised over twenty million people the heat of the joint and had a population of over ten million people well the huge population figures have made a more important for local government to increase spending. our realtor for the chinese academy of social scientists shows that the average on for each migrant worker to death under thirty dollars us around twenty one thousand us dollars for every new resident is to be still need to be more resources spent on them. everyday the keating government on show. both the fourteen thousand tonnes of garbage to help them build up to do with four point six million tonnes of waste water would divide the population increasing more money you'll need to be the multiple servers. their one hundred twenty five million world students in china. over ten percent of the mineral pools in big cities with their parents for my co workers adding more student already ove

although the number of far left and at a shanghai based in the beginning end up moving much faster. after scared to death and the uk gdp per capita be applicable http recap reach fifteen thousand four hundred us dollars. it doesn't well. tv per capita chinese province of all the thirty day pass to ten thousand dollars threshold. jumped into the under mongol the altar after that year. there's a discrepancy between rich areas in the welcome to the victim. either way for the new pink ink and the mobile bay area the rich a chinese daily points out and our economic structure hadn't seen the nineteen ninety. people think a level only make of the well proportioned gdp. a totally different from the current economic situation and all countries with a gdp per capita has about ten thousand dollars. for one job to open to non university cooked i need a lead of the bill country. people think about the hyrum fifty five percent of gdp per capita on average however this rate i had to wind up forty percent the most economically advanced from the blonde don't people think of me occupy forty four poin

can purchase the duplicated in shanghai. the house is much smaller. they give you great american commercial property have gone down. this all lead to more stable read. some are stated that it could climb the american economy is gradually recovering. quinn did out of milwaukee journal in two thousand for the massive overseas mergers and acquisitions by chinese businesses continue to rise at the end of two thousand thirteen. number two hundred thirty eight. about twenty four billion us dollars involved in the field. some chinese net users have expressed their thoughts about chinese people and are believed to contain. a few to hold the view that mohd hafiz discovered official. when did you think whoa. the story back in the overseas until the market has to go to the chinese government to examine the source of the money. ordinary chinese people. it's not possible to invest overseas realty market i get to investors may mean that the chinese official to do for them to trenton to drop money on china. some other nephews ultimate in china's first trip to pop it

hunt elk in the bike executive secretary of the shanghai law society spoke highly of the idea. he points out that setting off fireworks. the beard papa with a silver screen couple many people living in the case for giving up the tradition. went to a legal perspective. ever have the right to do with the one including setting off fireworks. don't bother others to live and let live philosophy for others in mind the things that don't like fireworks should not force people to breed dirty air the pirates of the air quality and more people with the condition. people setting off fireworks. fresh to purdue on the right of other people do not like fireworks kang think it's reasonable to use the legal means to stop that. according to tom giving up the fireworks might be difficult the traditional people. they're quoting now is more important than tradition. without a healthy living environment. if i worked as a condition is meeting with the whole nation coach wanted us to record and the delta pirate obesity limitation the pirates to be fed the multitude. suppose we would encourage them to

i was in shanghai not too long ago when they had one of the worst days ever.ept on coughing for a week. there itoblem is that is cold and they need to fire up all the plants to warm up all the houses. isyes. clean energy relatively exciting because you see wind power generation going through the roof. you see other forms of electric power going through the roof in terms of alternative energy. that is something positive for china. >> it has been a fantastic year. 171%, phenomenal. so what happens next? is this a sort of over exuberance? >> the beginning of last year, there were actually -- they were actually undervalued, trading below book. now they are almost two tons but for some of them. the reason has been because, eight, the government has said we really have to do something about the environment. a, the government has said we really have to do something about the environment. we have seen improvements in the earnings of these companies as well. in terms of the good stuff, i think there is quite a bit factored in. >> biggest electric power market in the wo

the shanghai come pos sit down nearly 1%. it's closed for the holiday. president obama's plan is expected to be in effect by the end of the year. he signed the order on a visit to pittsburgh. the program known as m.y.r.a. is similar to the rockth ira for people who don't have plans. the sales suggest lenovo could become a big player in the smartphone business. >>> finally target says hackers stole credentials from one of its vendors. you may recall in december that these same haerks may have compromised credit and personal information for millions of its customers. target has declined to identify the vendor or say how it happened. they have tightened security on their computers. anne-marie, the story keeps getting worse and worse by the day. >> i know. hopefully they can wrap up this investigation because it has a lot of people worried about their credit cards. >> especially if they shopped at target. >> many being one of them. thanks a lot, joya. >>> president obama is back on the road visiting a general electric plant. he'll talk about something from h

tradition in the new year. 2014 was welcomed in with a bang by the chinese from the great wall to shanghaid if that wasn't spectacular enough, dubai's new year's celebration was one for the record's book. literally. the world's tallest building at an attempt for the world's largest display. at the same time, moscow rang in the new year in red square. if paris, tens of thousands celebrated at the eiffel tower while in london big ben rang out the old and rang in the new. and in new york city millions in times square celebrating the famed ball drop and the coming new year. stephanie stanton, nbc news. >> former first lady barbara bush is in stable condition at a houston hospital for possibly a pneumonia. she was hospitalized also in 2008 after suffering a perforated ulcer. >> late last night, supreme court justice sonia sotomayor. gave the obama administration until friday to respond. >> and monday's derailment of a mile-long train carrying crude oil sent fire balls and huge plumes of smoke into the air. it burned so hot, the mayor did not even try to put out the flames. the mayor wants the g

nicholas heymann and william ge fromllow schenectady to shanghai. is to set up this big reduction in sg na to allow them to overcome the dilution, which was even greater than when they exited nbc. as they set up to exit the north american super finance business. >> with a baseball analogy -- what inning are we in as mr. him immelt and keith sharon tried to stay out from under the debacle? >> there is a lot of heavy lifting to be done here. >> it is a really complicated transaction because they have to do it in a tax efficient way and it is not easy to pull off. i have a question for you on what the company is saying about organic growth projections atween numeral four percent 7%. that is a lot more than industrial companies out there. why are they so optimistic? >> they have been up 17% in emerging markets over the last four years. infrastructure is an emerging market game, so they have a good backlog. i think that they put a lot of money into a lot of r&d. r&d starts to come down a little bit as a percentage of sales, terms oferationally in the pro

we have wifi networks deployed in many public areas including new york, los angeles, shanghai, beijing, hong kong, tokyo, london, paris, etc. now having san francisco select ruckus for this challenging high density wifi environment along market street is really another level of achievement for us. our technology is specialized in dealing with high capacity broad coverage, challenging environment , public environment that includes buildings as well as lots of interference. we have technology to deliver that and confident that we can provide a great service to san francisco. at hulk -- ruckus we are excited about the opportunity to bring the millions of residents and businesses as well as visitors wifi access as well as new online services to the great city of san francisco. thank you. [ applause ] >> well, before we ask the mayor to officially activate symbolically with his big switch. be careful, mayor. i want to acknowledge the op

from the great wall to shanghai. and if that wasn't spectacular enough, dubai's new year celebration was one for the record books, literally. the world's tallest building center stage for an attempt at the world's largest display. and at the same time, moscow rang in the new year in red square. in paris, tens of thousands celebrated at the eiffel tower, while in london big ben rang out the old and rang in the new. and in new york city, millions in times square celebrating the famed ball drop and the coming new year. stephanie stanton, nbc news. >>> and former first lady barbara bush is in stable condition in a houston hospital after being admitted for treatment of respiratory issues, possibly pneumonia. the wife of george h.w. bush was taken to the hospital on monday and is in, quote, great spirits, has received visits from her husband and family, and is receiving fantastic care. mrs. bush was hospitalized in 2008 after receiving heart surgery in 2009. >>> sotomayor issued a stay on health law that would require comp

japan set up its own zone as early as 1969 and the closest point to shanghai is only 130 kilometers. >> rose: whatever i go to china and speak to people there are some who speak to me and think that the united states wants to contain china. is that an opinion represented by the government of china or is that simply isolated sectors of the chinese body politic. >> rose: as far as official statements from the u.s. government are concerned, is they never say this is the official position or official policy of the united states. and in reality i don't think the united states would be able to do that. >> rose: but do you believe and does your government believe the united states has that intention to contain even if it could not achieve it? >> i would choose to believe the official statement by the united states government. >> rose: that has no -- >> i think they have to be -- they have to make continued efforts to prove it. >> rose: yes. well, as you know there was a film that got on the internet suggesting somehow that the united states had that kind of position in creating some controv