shanghai fashion week present to new and old designers?igners? i mean, it shanghai fashion week really over the last five years has concentrated its efforts on promoting local talent, which i think has been a really smart move for them. prior to that, there were a lot of international brands showing at shanghai fashion week, they were the real headliners but more recently, the stars of the show have been these young, up—and—coming, independent chinese designers, many of whom have gone aboard and been educated at some of the best fashion schools in the world and then they come back to china to launch their own brand, they showed shanghai fashion week, they meet local designers and they meet local buyers in the market here. that does not mean that there isn't a place for international brands in the shanghai fashion week, the opening show for this addition was actually 43, obviously a global brand and they are obviously using shanghai fashion week as a platform to help lose their presence in the chinese market, so there is a place for interna

there's no sign of a sales crisis on the shanghai street journal luxury brands like u.s. sadie's audi and b.m.w. are watching their sales climb and climb b.m.w. wants to boost revenues with a long wheelbase version of its mid-range car the high earning middle class in china wants a much more leg room in the bank because they like to be chauffeured. no the big party is not over this is the largest market in the world and ok yes we see a downturn the first three months this year last year as well but different look at the german automakers they have gained market share and that is great audi is also building stretch versions of its european cars here with the q two l. the ingle stock based company is covering three mega trends in the chinese car business longer all terrain and electric that's what successful chinese drivers want and the party isn't over for poor either it's nine eleven cabrio is becoming a status symbol for the nouveau riche in beijing and shanghai this year push it wants to grow ten percent here for puerto china is the strongest market things couple of yea

tom: we are at the shanghai auto show.e will be doing a deep dive with some of the leading executives here. we of already spoken to the ceo, , talking about his muted optimism about a potential turnaround and the chinese market. we will be speaking in the next few minutes to the ceo of mclaren. ofer in the show, the ceos ofborghini, lamborghini, bentley, audi and the chinese automaker listed in the u.s., the oh-- neo. there's a lot to discuss. but more on this, coming up. yvonne: very interesting stuff. you mentioned muted optimism. we're still seeing that in the markets. the u.s. earnings season is kicking off, and not to the benefit of investors long on this market. instanceswe have seen of the pboc, they will be controlling the money supply and keeping liquidity tight. not good for the bond or equity market. david: is the day that too good, too early? that's the narrative so far. we will try to flesh out that idea. equities across assets on hold right now. .4% of gains yesterday. look at some of these other markets open

he spoke to bluebird at the shanghai auto show -- to bloomberg at the shanghai auto show. >> china hasrket driving performance because of the government policies, but also because the society really is asking for it. you she does much more in china than in other parts of the world , so china is driving electric cars. we really want to use the momentum of china. presumably part of that is deepening partnerships with your partners here. we've reported you are looking at a stake in your smaller partner jac. are you able to update us on those conversations? guest: it is too early to talk. we are very happy with our here in china. [indiscernible] -- very international company already. we just opened up a new venture with jac, which is dedicated to electric cars, and we are reorganizing because china is changing for us. so far [no audio] developed ourave technology in china and put it into the market. this is changing, and this is why we are rearranging and exploring a little bit. reporter: you are also exploring a tentative partnership or cooperation was ford. can you update us on those tal

says it was there shanghai action is great there are real shanghainese. there were. thomas came to shanghai as a student in two thousand and twelve he fell in love and stayed in his videos he talks in fluent chinese about a broad range of topics food. travel. health. we have the. but it all started with a sketch about his sorry german mariage. full of. good stuff why if you pay for the guys you. thomas and his wife julie write and produce the clips together and they can make a living from them it all started when they came across a video by a chinese internet celebrity. sketch that she recorded a sketch about coming hung for chinese new year that's when people are us the same questions over and over again when you're getting married how much do you know when you're going to buy a car when you're going to buy a flat julie then said to me you should film a clip about marrying into a chinese family as a foreigner. how do you feel. when i told my parents i'm dating a foreigner my father put his glass down we were having lunch and he said what did you say i said a foreign

says it's done out there shanghai accent is great there are real shanghainese. there were there. thomas came to shanghai as a student in two thousand and twelve he fell in love and stayed in his videos he talks in fluent chinese about a broad range of topics. like traffic. he wanted to be them. but it all started with a sketch about his sorry no german marriage. you know what. i see height full of. body stuff why would you pay for the guy who. thomas and his wife julie write and produce the clips together and they can make a living from them it all started when they came across a video by a chinese internet celebrity. sketch she recorded a sketch about coming hung for chinese new year that's when people are us the same questions over and over again when you getting married how much do you when you're going to buy a car when you're going to buy a flat julie then said to me you should film a clip about marrying into a chinese family as a foreigner. but. when i told my parents i'm dating a foreigner my father chris glass down we were having lunch and he said what did you say that i

she travels the fashion capitals of the globe but she found shanghai the most exciting city of all. pommy europe is highly developed in terms of fashion. but the pace there are slowing down. here in china we're very happy about that because we're facing a great future lots of unexpected great things will be happening here. next opposition up in the mall. can live from her work as a social media presence at the moment she takes care of all her business herself she'll even use a basement parking lot as a dressing room. ready for her next appearance global influencers like the thirty one year olds are not only watched by their own generation companies are also keen to identify them studies say that around a third of the world's luxury goods are bought by chinese and rising around four hundred million people in china are aged eighteen to thirty five more than the entire population of the united states and these millenniums are eager to consume not surprisingly says when gen low. in the west the older generations had a lot of luxury so it's not such a big deal for young people but that's

in shanghai, we have two.are getting stronger in terms of structure, confidence, level of service. lamborghini has gone a step forward and this is important. nejra: that was lamborghini ceo speaking to tom mackenzie. let's get more with tom at the shanghai auto show for us. great to see you and great work. the data has been showing a little slow down in terms of car sales in china but what do the execs say about the slowdown in china's auto market? they are trying to put a brave face on things. we are seeing 10 straight months of falling sales here in china for the auto market. ceos ofspoke to the volkswagen and cfo of volkswagen, german companies think things are starting to bottom out now and they point to tax cuts that policymakers have pushed through and stimulus measures they say support the market. bmw saying he will probably get flat sales the overall market in 2019 buffer bmw, a more premium segment, they expect a pickup. listen to the cfo speaking to me earlier. >> despite the downturn of the overall

your shanghai accent is great your real shanghainese. really really. thomas came to shanghai as a student in two thousand and twelve he fell in love and stayed in his videos he talks and fluent chinese about a broad range of topics food. travel. health the lot of you. but it all started with a sketch about his sign on german mariage. to meet you not in a. meal and i didn't hide through all the photos. but it all put stuff on the flyers you paid for the car you. thomas and his wife julie write and produce the clips together and they can make a living from them it all started when they came across a video by a chinese internet celebrity yet science gets. recorded a sketch about coming hung for chinese new year that's when people are us the same questions over and over again when you getting married how much do you know when you're going to buy a car when you're going to buy a flat well julie then said to me you should film a clip about marrying into a chinese family as a foreigner that. you want to go. to my mom you're going to. want to know how do you f

when thomas docks also known as awful stroh's through the streets of shanghai he rarely goes unnoticed. after the. thomas is a celebrity on the chinese internet seven million people follow him on social media when he posts clips about his life as a foreigner in china says it's going to hear shanghai accent is great your real shanghainese. really really. thomas came to shanghai as a student in two thousand and twelve he fell in love and stayed in his videos he talks and fluent chinese about a broad range of topics food. travel. health. moratorium. but it all started with a sketch about his sign on german mariage. to me if you're not in a. body need an id hike through all the photos seven. five you better than you. thomas and his wife julie write and produce the clips together and they can make a living from them it all started when they came across a video by a chinese internet celebrity yet science gets don't book much she recorded a sketch about coming hung for chinese new year that's when people are us the same questions over and over again when you getting married how much do you wh

and we're at the shanghai also shared to see how electric calming has a wooing chinese by. now attention is turning to the enormous task of rebuilding france's most enduring symbol the not the jewel in paris after the world heritage site was severely damaged by fire some of its treasures were saved from the flames which tore through the cathedrals roof and brought down its france's richest people are pledging millions of dollars to rebuild the cathedral and russia japan and the vatican are also offering help david chaytor reports. and unimaginable sites. ravaged by flames a symbol of paris and french history collapsing in smoke it was seven o'clock in the evening local time when the fire broke out. out hundreds of firefighters and emergency services were there within minutes as thick smoke rose above the city people watched in shock and disbelief. so the spire collapse was shocked it's eight hundred fifty years of history it's heartbreaking we sat on it as night fell far vytas feared that the twelfth century cathedral will collapse completely but after working tirelessly fo

or at the shanghai auto show to see how electric car makers are willing chinese buyers. tello attention is turning to the enormous task of rebuilding france's most enduring symbol the cathedral in paris after the world heritage site was severely damaged by fire some of its treasures were saved from the flames which tore through the cathedral roof and brought down its fire france's richest people are pledging hundreds of millions of dollars to rebuild and russia japan and the vatican are also offering help from paris bernard smith reports. of history and it took just under twelve hours for much of it to go up in flames on tuesday morning just put out the last of one of the most distressing and shocking fires paris is. when it became engulfed in flames. more than two hundred thousand kilos of lead and thousands of mediæval oak beams in the roof caught fire easily and fast reuben morris true true of. all in all the structure is holding up well but some weak points have been identified especially around the ceiling also the gable end of the north transept that have to be sec

we are live at the shanghai auto show all day today and tomorrow. we will hear from our top interviews with executives including vw's ceo, lamborghini's ceo and bmw's cfo. that is something you don't want to miss on bloomberg tv. now let's get to the historic cathedral of notre dame in paris. it has been gutted. 500 firefighters worked through towersht to save the two but not the spire. emmanuel macron vowed to rebuild the 800-year-old monument. the worst has been avoided, even if the battle hasn't been completely won. the next hours will be difficult but due to their courage, the facade and two towers did not crumble. matt: let's get the latest now from our paris bureau's geraldine pamiel. what is the status of the cathedral this morning? geraldine: the minister this morning said the fire was under control but not totally extinguished. i went there myself and could see firemen were still hosing the south side. it is hot inside and experts are roaming the premises to find out if the structure of the building that has been salvaged is stable and stro

in shanghai. moving now to a warning coming, how i should say -- caution coming out of japan's banking industry to the central bank there. let's get the first word news. >> the new head of japan's main banking lobby has warned against deepening negative interest rates saying they could spur riskier investment and put further pressure on renders' profits. japanese banks faced with thin margins. returning to risky investments to get return. they urge to keep flexible. >> the bank of japan has a history of making flexible policy shifts accordingly. i expect they will make necessary policy adjustments when necessary going forward. >> former malaysian leader is dismissing allegations he missed tax payments following reports. "the edge" said he was given an extra tax bill of $368 million from the period of 2011 to 2017. on facebook najib said he paid personal taxes every year and said this is propaganda. the corruption trial starts tomorrow. he denies any wrongdoing. u.s. aviation regulators say a fix f

tom: i am tom mackenzie at the shanghai auto show. bewon't be speaking -- will speaking to the ceo's of lamborghini, bentley, audi, and mclaren. stay with us. shery: a quick check of our markets. goldman sachs was the biggest loser on the dow after missing estimates on sales and trading revenue. 1.1%.w fell it did not help that energy shares were dragged down as the vti felt towards $63 a barrel. the s&p 500 did manage to stay above that 2900 level, which it lastd last week -- topped week. u.s. futures unchanged. let's see how we are shaping up for the asian markets. sophie: kicking it off, we have kiwi stocks looking to extend gains for a fourth session, but we are seeing the potential advance in tokyo take a breather after the topix closed at a december high as trade talks continue in d.c. aussie futures pointing to a soft start as we wait on the rba to release its april meeting minutes this morning. later new home prices today from china. flip in the board, it has been a busy morning. rio in focus. the miner did cut guidance. pushi

al-jazeera shanghai.hello again the headlines on al-jazeera experts are trying to protect the remaining structure of france's national symbol though not saddam cathedral which has been badly damaged by monday's fire soffits most precious treasures have been saved france's richest people are pledging hundreds of millions of dollars to rebuild. will has to do with as regards to the treasure it needs to be placed in security. ice quickly as possible as regards to deem important paintings they can be removed as of friday morning seemingly there is no damage to replace the paintings they will be dehumidified and preserved and restored. or bowing to pressure from protesters to don's ruling military council has sacked the prosecutor general and two of his aides it's been one of the key demands of organizers of mass demonstrations calling for a military leaders to cede power to civilians the u.s. says it will consider removing saddam from its list of state sponsors of terrorism if there is a smooth political tran

in beijing, shanghai, and -- it is 9:00 a.m. in beijing, shanghai. david: let's get to your top stories. the global equity rally rolls on. australian stocks are marching toward the longest winning streak since 2017. yvonne: sterling fell as the u.k. parliament rejected all options to save theresa may's deal. brancha offers an olive of trade negotiations, saying to washington that there is hope the two sides can settle their issues. ♪ there was a sense of almost euphoria in the offshore markets yesterday with gains of between 2.5% and 3%. of course, talk of recession globally replaced by talk of green shoots with that data out of the u.s.. the focus now shifting to the trade negotiations in washington and whether or not that can provide another catalyst. yvonne: beijing, at least for now, suspending the u.s. tariffs. nott of analysts say it is just about how big of a concession this is, it is about how quickly beijing has responded. the fundamentals looking a little bit better, too. betweenhere's the gap the expectation and what the fundamentals are.

up more than 2% and shanghai. we already saw a 29. --29% rally. that was the best quarter we have seen since 2014, just before he got into that equity bubble. wheres coming at a time analysts are sounding the alarm when it comes to earnings. more than 80 companies have had a sell rating from analysts or a bearish report. they are seeing that perhaps this rally has not had enough steam. we are seeing today it has been the data. fundamental signs of stabilization. most of what we have seen has been sentiment-driven. japanese yen selling off. perfect reflection of the risk appetite. we are seeing pickup in yields once again. global bond rally is easing a bit. we mentioned the hang seng. we mentioned china taking the number one spot when it came to q1. take a look at the hang seng. now clear into a bull market territory. 502.level to watch is 29 on that level perhaps we will enter into a bull market. a lot of momentum. this coming at a time where we saw hong kong perhaps outshone by china. take a look at the shanghai composite price change versus the

al-jazeera shanghai.quick reminder of the top stories this hour now more than eight hundred forty seven million dollars has been pledged to help rebuild or not to don cathedral in paris which was severely damaged by a fire on monday evening almost nothing remains of the cathedral's roof after flames looked through its medieval timbers and sent the wood spire crashing into the quiet area french president emanuel has vowed to restore the cathedral within five years. we are a people of builders and we have so much to rebuild we will reconstruct this cathedral of not within five years even more beautiful we can do it we will do it. the chairman of algeria's constitutional council liars has quit his post would have been in charge of a process to draw up a new constitution after the resignation earlier this month of president abdelaziz bouteflika anti-government protesters continue to take to the streets demanding a complete overhaul of our political system which they say is dominated by the military elite. in

haidi: tom mackenzie in shanghai for us.e other major guests on the shanghai auto show including the mclaren ceo. the lamborghini ceo as well. the ceo of bentley motors. cfo of audi. you don't want to miss out. let's get you a quick check of the latest business headlines. jet airways lenders have finalized a short list of bidders. they chose india's national investment and infrastructure fund. jet airways has suspended all international flights after failing to secure emergency funding. the carrier is only flying seven planes on domestic route. shery: that is it for daybreak australia. we will have all the action in daybreak asia next. this is bloomberg. ♪ haidi: a very good morning. i am haidi stroud-watts in sydney. we are one hour away from the australian market open. shery: i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." haidi: our top stories this tuesday, asia-pacific stocks facing declines after the rally ran out of steam in new york. rio tinto in focus as sydney opens. iron or

thomas my felt reports from the shanghai motor show. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the focus groups leading market for electric mobility millions of cars will roll off assembly lines here. china real be the powerhouse of the future electric cars fully connected cars all their technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group of fourteen. so we are strong pillar of the south to motive industry the wolfsburg company one. to counteract the declining sales figures in the asian giant with a completely new car brand for china the jetta this inexpensive v.w. was designed especially for the chinese market for the equivalent of ten thousand euros the sedan or s.u.v. will reach completely new groups of buyers eighty one percent of those first time buyers when we want to a trick new chinese customers who have for the first

biggest autumn archerd carmakers try electrifying chinese buyers for their latest offerings at the shanghai motor show also comes to lawmakers in the united states of. other lenders looking for money from russia that might have swayed twenty sixteen presidential election and washington pardons to its stance towards cuba threatening european companies doing business there. good to have you with us china's car market needs a jump start sales fell and twenty eighteen the first time in decades which has left many car makers scratching their heads the same time leadership in beijing is pushing hard to make china a model case for immobility for big brands that means they need to poor big money into fresh markets and industry giants like falsifying it is a billion dollar bets one that has to work if you don't use thomas my felt reports from the shanghai motor show. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the focus groups leading market for electric mobility millions of

said to our correspondent in shanghai china really be the automotive powerhouse of the future electric cars fully connected cars or they technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group fourteen alone four x. one so we strong pillar of the south two motif industry but is it a pillar of human rights let's bring in isa he's president of the world we go to congress he joins us now from paris mr a very good to have you with us on the show what is your initial reaction to the comments from mr deeds well it is mr east's statement it's very shameful and in the responsible statement actually full masino is a crime against humanity being committed or signed the wall of the car plant to date more than two million possible to stream media. you know not just that we're going to teach. people and suffered in twenty first century concentration camps is the wall you need to nation you need your bum parliament cost r.'s zero ginger's allusion owns this issue and asked china's goldman close close dawns this can but

this is the close in asia overnight, the down arrow is the shanghai composite. cheryl: the white house taking a harder line on illegal immigration as it shakes up the 20topranks of the department of homeland security with the resignation of kirstjen nielsen. will the strategy pay off.

this reportedly happened at a garage in shanghai.ght by security cameras sunday night went viral. tesla is saying that it sent a team to shanghai last night to investigate. the car was parked so there were no reported injuries, thankfully, but could elon musk's big investor autonomy day when the company shows off its road map to self-driving technology be a big casualty here? because it's the 14th tesla to catch fire since 2013. to our tesla panel. david kennedy, former nsa hacker and tesla owner, and let me first, if i could, derek, get to you on the news that's breaking. let's hold off on the fire for the moment. very interested to know what you make of this samsung will be the new chip partner and of course, he's taking a swipe at the sensors which certainly other autonomous vehicle companies are using, particularly waymo. >> sure. it makes sense samsung is going to be tesla's new fabrication partner for their chips. they are one of the largest silicon manufacturers in the world. they actually were responsible for a long time for

correspondent robin brant ahead of the start of the shanghai auto show and i am proud to be associated with what china is all. we are proud to noriega be associated we are absolutely proud to also create workplaces in that region which we think is very useful which in china is something you're not proud to be associated with in terms of what the chinese government is doing we give people an iconic charge that sorry you can't judge it but you know that i don't know what you're referring you don't know about china's reeducation camps for a million we get people that is it has referred to his ranch occasion comes as part of his counter terror threat in the west of his country you don't know about that i'm not aware. i'm not a vet of that i know that's what mr du said you also have to understand that besides making the cars many of you drive folks foreign is also one of germany's most important companies it employs more than a third of the seven hundred seventy five thousand people working in the auto industry and is also one of the biggest sellers of automobiles in the world so what are f

when thomas docks also known as office throws through the streets of shanghai he rarely goes unnoticed. of the. thomas is a celebrity on the chinese internet seven million people follow him on social media when he posts clips about his life as a foreigner in china says it's going to your shanghai accent is great you're a real shanghainese. do it that way. thomas came to shanghai as a student in two thousand and twelve he fell in love and stayed in his videos he talks and still in chinese about a broad range of topics. like traffic. health we have the math. but it all started with a sketch about his sign on german mariage. to me tonight in a. moment i mean i see a hike through all the photos. put stuff on the wires you pay for the car you. thomas and his wife julie write and produce the clips together and they can make a living from them it all started when they came across a video by a chinese internet celebrity yes and sketch that we recorded a sketch about coming hung for chinese new year that's when people are asked the same questions over and over again when you're getting married