tom kong people have speed they must fall and i say be so cold cut. the government go hard we go up the people in rebellion against their government bodies eyewitnesses and their field diary of an uprising my hamas kusaka. w. . eco india. it's the most basic human model. but more than 800000000 people worldwide don't have access to reliable sources claim by. dismissing oman process a deep dive into new solutions to protect the most important resource on earth. 90 minutes on d. w. . take a trip on austin go christmas market hopping with d.w.i. and cologne and what will go up to. airfare and hotel are included for you and the gas to. just tell us which term instinct is your favorite. what's the most beautiful place in germany. what would you like to explore most to enter check in at d w dot com slash travel good luck and enjoy. this is news coming to you live from russia in turkey strike a deal on northern syria president putin and i want agree to set up a so-called safe so on and extend a ceasefire in the region he tells kurdish forces they have 6 days

tom kong people have speed they must be so cold. they got one call hard we call the people in rebellion against the government the because eyewitnesses in their field diary of an uprising. caused. to suffer body. double. cologne and some of the adventures of the famous naturalist and explorer. jerusalem racial politics on the front of the world's 250th birthday we're embarking on a voyage of discovery. expedition voyage on t.w. place. and i'm getting close to a brand new w from buying this book it's personal device and it's about topics that affect a whole lot of solution to climate change and the turn of. the effects check out. frank food. international gateway. the best connection self road and rail. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers triallists services. biala gassed at frankfurt airport city managed by for bought. this is the news live from berlin germany weighs in on the conflict in northern syria in an exclusive interview germany's defense mini

him chan has been one of the public faces of the anti-government protests which have now gripped tom kong for 5 months. france and germany have reached an agreement on export rules for their joint military programs but they remain as odds are the saudi arabia germany has agreed not to block french exports to 3rd countries so long as the equipment is made with and 20 percent of german components germany banned exports to saudi last year of its role in the war and yemen and the journalist jamal khashoggi president emmanuel mack on has defended france's decision to continue sending weapons there to has more from today's. the french president emanuel mccrone the german chancellor angela merkel described their talks in toulouse as a period of intense cooperation they both agreed to have signed new agreements on an arms embargo against turkey for their incursion as they called it in to north east syria but the divisions between the 2 leaders were exposed at a cure in a session of their press conference and the french president a manual from for the 1st time really defended the verdict that he w

tom kong people who speak they must be some folks. they got one call hard to recall the people in rebellion against their government law because of eyewitnesses and their feeling diary of an uprising my hong kong macaluso mobster d.w. . after the fall of the berlin wall nov 9th on d. w. literature invites us to see people in particular that i like to see as the kids find strength growing up her. right. to share work. together you books on you to. do your friends do your antonia do says see here. my 3 grandchildren sleep on troubles when i was in france to see germany was split in 2 and remain divided for decades when your mother was born in 1969 the world was already 8 years old you know my grandchildren were born after the wall fell morning trying to meet 3 generations of one family on a journey through my recent german history. starts nov 6th on t w. a push for a closer business ties and more geopolitical sway russia is hosting his 1st africa summit as it seeks greater influence on a continental worthing west of china have a firm fo

tom kong people who speak they just saw my same piece before. they got one call shot we go up people in rebellion against the government. i thought i witness is in their field diary of an uprising my call. to saddam 16 d.w. . after the fall of the berlin wall november night w. . i. believe. it's been a while since the bundesliga has been the case highly charged not one not 2 but 7 teams could go top of the.

this is deja vu news live from berlin chaos and gold some major speech by tom kong leader kerry last. hot. shot pro-democracy lawmakers shot her down and forced her to leave the legislature there urging law to respect the demands upon this protest movement. also coming up turkey says it will never get clear a cease fire in northern syria defined calls from washington but on the ground russia says its troops are patrolling to keep the conflict.

tom kong people have speed they must be some folks. got one cold hot. people in rebellion against the government the books i've eyewitnesses and they're feeding me of an uprising my. close up body. double. alma coming. low middle and i'm just a little brand new still using bottoms poking its person survives it's about topics but it's also a lot of solutions to climate change in the china. only recently shut out. take a trip on us to go christmas market hopping with d.w. in cologne and a woman will go up to. her and hotel are included for you and a guest. just tell us which german street is your favorite. what's the most beautiful place in germany. what would you like to explore most to enter tribute d.w. dot com slash travel good luck and enjoy some of. those if you don't know. where i come from but over that to get to cisco it's just like this chinese food that's measure of where i am it's always reminds me of home after decades of living in germany chinese food is one of the things i miss the most but that taking a step back i see the thing and it's t

tom kong is all the bait is false and i say peaceful. michael hart because the people in rebellion against their government. the bad guys eyewitnesses and their feeling diary of an uprising my class. to suck up. to double. up some of the adventures of the famous naturalist and explorers. to sing the praises alexander from the boards 250th birthday we're embarking on a voyage of discovery. expedition voyage on d.w. place. we will talk book travel now amazing time. this is news coming to you live from russia and turkey struck a deal on northern syria president putin and everyone agreed to set up a so-called safe southern and extend a cease fire in the region turkey tells kurdish forces they have 6 days to leave the syrian borders are also coming up short lived victory for british prime minister boris johnson as lawmakers initially back his brakes a deal then reject his move to fast track it through parliament it's now just 8 days to the u.k. scheduled departure from the.

kong. we will continue from new york and london. stay with us. this is bloomberg. ♪ tomtests in hong kong, but today is decidedly different, the 70th anniversary of the advent of the party. nicely west of the pacific rim where mao began this experiment. there were real upsets. we just had images of an individual being fiercely questioned by police. in one report, francine, in one report of police shooting with live ammunition. francine: this is in the city's northwest. the china-the south china morning post cited an innamed source. there are a number of videos appearing to show protesters treated by emergency personnel circulating on social media. so far police spokesperson said they were still trying to verify the report. but if this comes out to be true, it's a pretty big turn of events. of course, these demonstrations, tom, have rocked the city since early june, triggered by this proceed toesed legislation, allowing extradition to china before morphing into a broader push back against beijing's grip on hong kong. tom: for those waking up in america, anthony, if you ca

kong? jane: the impact is on our total revenue, 5%. tom: 5%. when you expect that to turn around? bepefully the area stabilized very soon. governmentink both and people will look into the future. .ook forward what is the best for hong kong. tom: i think our focus has been to grow in lower tier cities. smaller tier cities in china. how much success have you had there? what was your target for growth? i saw one target of an additional 50% of revenue coming from those smaller targets. tom: we have about 8000 off-line stores. jane: -- we have about -- jane: we have about a dozen off-line stores. the growth has been tremendous. they have been in the third tier, fourth tier, 50 or cities. it has been working quite well. it is more than 50% year-over-year. tom: you expect those numbers to continue in terms of growth? our: as long as we keep education, we will be able to gain more market share. taylor: that was the ceo of c trip. electric vacation is proving extensive. one major u.s. automaker says it will be putting most of its money into ev. we discuss next, this is bloomberg. ♪ taylor:

tom: thanks so much. i'm glad you led with hong kong this. it will be an extraordinary watch thursday evening on to friday. on the a item out wouse weekend. a lot going on here. there is a lot of nuance within a still strong dollar yet euro picks up lake-effect. oil down. the vix showing 20.0. the two-year yield at 1.47

her speech through video link she said the international community is waiting for hong kong to return to normalcy tom saeco hong kong. employees of all trades and sectors as well as small medium and large businesses alike a deeply worried about the prospect of hong kong people are asking will hong kong return to normal is hong kong still a place we can live in peace many sectors of our society have condemns the radical acts of rioters and have supported the government to strictly enforce the law to end violence scott hardliner has the latest from hong kong. a very difficult wednesday for chief executive of hong kong carrie lamb it started when she was supposed to deliver her policy address here at the legislative council she was drowned out by protesters legislative protesters those who are members of the legislative council here chanted so she couldn't even start her speech she tried twice but was drowned out twice so then an unprecedented move she delivered that policy address later in the day about an hour or 2 later via video link that has never happened here before then also later in the day in

tom. welcome back hong kong protesters are continuing to defy a ban on wearing face masks and have set up a 4 meter later lady liberty statue on top of the iconic line rock the statue they say represents an injured protester and aims to boost the fighting spirit the protests are as strong as ever with mass activists vandalizing metro stations across the city over the weekend using metal bars to smash ticket machines riot saw a fire bomb thrown inside one of the stations and the city's transport services are the only victims of the demonstrations. hong kong chief executive earlier said it was too early to say whether the anti mass law had failed adding that it usually takes time for new legislation to get the desired result the violence erupting in hong kong the atmosphere there is even beginning to resemble a search for film as art to sofitel or explain. hong kong has gone from being the economic paul of the orient to the face of the fight for democracy but the faces of those trying to rust control from beijing's crossed a mosque and the democratic means they're using wouldn't be out of p

tom: would you consider a secondary listing in hong kong or mainland china?e: we are always very open-minded. it is to provide a very good opportunity compared to our , risks, strengths and weaknesses in the market. there are lots of stock markets that are very interested in having this listed. to thevery open-minded alternative. >> into hong kong and out of hong kong has been under civilian pressure. can you quantify how it is -- it has played out in terms of the demands from the mainland tour? jane: the one-time impact that we estimated is at the center time -- center of our revenue. 5%. tom: when do you expect that to turn around? the area will be stabilized very soon. i think the government and people will look into the future and look for what is the best for hong kong. rishaad: a multitude of challenges. the stock is down about 30%. they are banking on the growth in the domestic market as well. ctrip is seeing double-digit spending. still primaryis as far as focuses go for her team. numeral -- numora has value in a long time. sony is out with its earnin

ministry to hong kong please that down will carry lab eventually delivered her speech through video link she said the international community is waiting for home call to return to normalcy tom saeco hong kong you've got. employees of all trades and sectors as well as small medium and large businesses alike as deeply worried about the prospect of hong kong the money people are asking will hong kong return to normal is hong kong still a place we can live in peace and many sectors of our society have condemns the radical acts of prices and have supported the government to strictly enforce the law to end violence scott hardly has a white us now from hong kong. a very difficult wednesday for chief executive of hong kong carrie lamb it started when she was supposed to deliver her policy address here at the legislative council she was drowned out by protesters legislative protesters those who are members of the legislative council here chanted so she couldn't even start her speech she tried twice but was drowned out twice so then an unprecedented move she delivered the policy address later in the day about an hour or 2 later via video link that has never happened here before then

chamber and during her speech she said the international community is waiting for hong kong to return to normalcy tom seek a home got. employees of all trades and sectors as well as small medium and large businesses alike are deeply worried about the prospect of hong kong people are asking will hong kong return to normal or is hong kong still a place we can live in peace many sectors of our society have condemns the radical acts of rioters and have supported the government to strictly enforce the law to end violence. democrats are accusing the tumble ministration of stonewalling the investigation into whether the president should be impeached vice president mike pence trumps lou every day giuliani and the white house are refusing to submit documents to the inquiry while the 12 democrats who want to replace donald trump in the white house have now presented a unified front calling for his impeachment they were also fiery exchanges during their 4th debate in ohio about health care foreign policy and gun violence. the european union and the united kingdom have been holding the last ditch talks to try to

tom: this morning, could the chief executive of hong kong be out of hong kong?he usb out of syria and the middle east? could prime minister johnson be out of october 1 options? it is earnings, revenues. it is guidance season. what will be the trade war effect? adam neumann is out at wework. his employees are left speechless over a 1.7 can billion dol -- gagillion dollar exit package. what am i looking for in brexit today? is there a key vote, a key speech? do we watch a or whatever it's called? what is today in brexit? nejra: we got that boat yesterday that we were waiting for. mp's voted on the deal, but did not vote on the process, the three-day process to try and get parliament.ough now, we sit here and wonder whether the election is more of a prospect. certainly, boris johnson has signaled it. even if questions ahead we do carry on with the bill through parliament. even more pressure on what amendments could be added. the key question we are asking ourselves now is, will boris johnson want to try to get more of a parliamentary authority with an election. jer

tom: obviously you have been a long-term resident of hong kong.you spent some time in the u.k. as well. how does this moment compared to previous challenges for the city? how much will it take for hong kong to rebound? douglas: again, it really depends on how it ends. if it ends with decent compromises between all parties involved, i can see hong kong rebounding very quickly. i mean, not within my lifetime have i experienced something this serious. young in the 1960's when there were riots, but from my experience with past sarss in hong kong, like for example, hong kong is very resilient, and can bounce back quickly. what happened last week and seen ages ago. i'm confident hong kong will rebound, but the question is, when will this end? rishaad: how many people, footfa are fromattern, mainland china? that business has probably largely disappeared. douglas: it depends on the business. veryarticular shop, we are much catering to locals. 60% of our customers are locals, and the rest being visitors. we are a brand that really sells hong kong things th

trump repeatedly bringing the hong kong issue up, saying president xi should actually meet with the protesters. does this tie into the trade negotiations at all? tomthere is the concern that hong kong ends up being a factor that both sides have to contend with. in fact, president trump in comments to the vice premier, says it looks like things in hong kong are calling down. the evidence suggests that is not quite the case. we have had reports of remote-controlled explosive device potentially targeting police in the city. violent protests as well as peaceful protests have continued in the city. it seems like trump once to keep hong kong as a side issue. affect not want it to the trade negotiation. members of his own party, like ted cruz, in the city to show support to hong kong. we have the legislation going through the motions in d.c. bipartisan support for legislation that could see this annual check in terms of hong kong special trading status. all of these things are moving forward and it could be the timing forces hong kong to become an issue when it comes to these trade talks. that is another concern for markets. haidi: tom, thank you foso mu

tom: let's go to first were news. kong is opening emergency powers.on protesters which makes it easier to identify them. it is the latest attempt to quell demonstrations. >> it is not an easy decision to legislate to then mask but given the current situation in hong kong, this is a necessary decision. viviana: lamb also telling reporters the violence is destroying hong kong. the deadline from the european union boris johnson, he has a week to revise the deal. comingl -- ultimatum just as signs they might make it through british parliament. apple has a problem it hadn't counted on, demand from the new iphone is higher than expected. apple told suppliers to increase production by as much as 10% which would add 8 million units. apple is higher in premarket trading. another development in the impeachment investigation into donald trump and ukraine. house democrats released documents that show to top american diplomats tried to make a deal on the president's behalf investigateeaders biden. ukraine refused. global news 24 hours a day, online and at tictoc o

tom: what is your forecast for how the events in hong kong play out from here?esome chinese government is going to have to do something. these demonstrations have institutionalized themselves. they are new since to everybody there -- they are a nuisance to everybody there and they are not going anywhere. i do not know -- on the other hand, they cannot afford another tiananmen square. they need to be seen as an alternative to the united states. tom: george friedman, thank you very much. ahead, including battle of the charts. is bloomberg. ♪ tom: welcome back. a quick check of the latest business headlines. hong kong's ipo market is making a comeback. hong kong has led the world in ipo's since the start of september. salestal value of share has been almost $8 billion, overshadowing $7 billion on the nasdaq. begun taking orders for a hong kong listing that can see the baby formula maker raise $1.1 billion. list. second attempt to china has had several scandals in recent years. authorities moving to regulate homegrown baby formula. tom: we are tracking chinese banks

in beijing, singapore, and hong kong. in toming down to the opening trade. let's get to your top stories today. trading in a trade deal. oneoptimism of a potential after u.s. equities hit a record. president trump said washington is ahead of schedule to sign parts of a trade deal with beijing. traders byd bond pboc action as $35 billion worth of repo agreements matured today. china's 10 year yield surged by the most since april.

." >> a new turn in the protests in hong kong. tom: brexit turmoil continues.e deal into law. isthe we work rescue plan facing controversy.

away,ong kong will go china will not go away. tom: that is a loaded statement. beijing. hong kong is about 2% of the chinese economy. it was 13% when the handover happened. xi jinping can wait these guys out. these demonstrations continue every weekend but they are a lot smaller than when school was out and they are a lot smaller than when they took over the airport, causing all that inconvenience for so many. the chinese government is willing to give these guys more rope and they don't feel like they are taking much international heat. there isinside china, no support for these demonstrators. you saw the reaction to nba. ing james came out and said, am with the chinese government. i may be critical of the u.s. government, but when there is money at stake, i will support our new masters in beijing. talk about ao changing risk environments, recognize the chinese government is going more independent, going their own way, and that is a danger for people who want to invest in a global economy. francine: will the u.s. passed the hong kong bill orwell trump veto it? i

tom: protests in hong kong flare for the 20 thirst -- 21st weekend in error.rink this year. david: and president trump gets a political boost

hawaii who wasn't in the last debate will be back and bay area activist tom steyer will be on the stage for the first time. >>> hong kong was taken over by massive rallies that turned violent. pro-democracy advocates are upset over a newly instituted ban on facemasks. thousands took to the streets to defy that banned co. here's more from hong kong. >> reporter: under the new rule, anyone wearing masks at protests could face a fine of up to $2000 and a year in prison. democratics say it's worth it. you have a face mask on? >> yes. >> reporter: you don't care and you won't take off the mask? >> yeah. >> reporter: you don't care what the government said? >> it's okay, it's fine and it's called democracy. >> reporter: the protesting started off peacefully but later turned violent and police used tear gas to break up the crowds. they said the gathering was unlawful. the banner read disperse or we will fire. police made several arrests but the demonstrations are expected to continue. >>> brit fire him of the brexit deal doesn't work out by the end of the nth. he said he won't resign even if the european union rejects his new

effect the protesters remain defiant look at the latest from our correspondent in hong kong also coming up to the tom. shutter day of deadly unrest in iraq as the country faces its worst crisis since the defeat of islam in states with a dozen.

tom, the u.s. general counsel had hong kong and scheduled to give speeches in washington about the circumstances in's going on, the human rights considerations, et cetera. and the message came to him from the the state department, no, you have to cancel these speeches because we in the state department are not allowed to speak about hong kong because this has come from on high. and so this is how this kind of stuff filters down. i should point out that tong did give a speech on hong kong but only after he left the state department. but his orders were from the pompeo-led state department, you are not allowed to speak about this. effectively he was muzzled from talking about this human rights concern. >> listen, i aspen two years in government, in china, the easiest thing for a u.s. official to do is to call out support for human rights. >> exactly. >> and democracy in a country like this. and i had the white house trade adviser peter navarro directly involved in the talks with china. i asked him a simple point blank question, did you ever bring up investigating biden in trade talks? listen to how h

columnist the hill fox news contribute liz peek realclearpolitics cofounder and president tom bevin. >> hong kongthe person who was shot in the chest actually assaulted the officer first, come on. >> that came out yesterday the story is that he battered -- batted away tried to bat away the officer gun it went off accidentally i think fishy if you look at the tape doesn't look that way the real problem for americans with this obviously, sympathetic with hong kong also really complicates the trade negotiations, i think, xi jinping i don't think can afford to look weak in hong kong they do now and also in confronting united states. >> the facial camera facial recognition all over hong kong, isn't wearing ab mask china saying you are not allowed to wear mask china wants to know they will be consequences. >> this has been going on 17 weeks every effort the government has made at a crack down proefrnts failed i don't think this is going to make things better in fact might make things worse, and obviously, this maring anniversary the other kaongoing issue not going away soon. >> we will keep watching th

very extensive across the central provinces and cool snow to the mountains tom which is a lot lower then quite humid in hong kongthough it should stay mostly dry but we have got more of those range on sunday into northern areas of vietnam and generally all the way along the coast in that on shore flow plenty of rains across much of indonesia quite widespread across much of borneo. and then as we head off into sunday not a great deal of change so it's got the thunderstorms in singapore. a survivor of the genocide there are people who are likely to kill the person when they're suffering but it didn't have the power to do it he's dedicated his life to searching the woods for bones of the victims of the srebrenica massacre. and the furious to do. you know finally laying the parts to rest and giving peace to the victims' families. if i could just find a finger i could bury him. on al jazeera. hello again the top stories on al-jazeera at least one person has died and 200 people have been injured as demonstrators marching a number of cities across iraq are protesting against corruption and the lack of jobs and services

john, for the moment, —— tom, for the moment, thank you very much. riot police in hong konge thousands of anti—government protesters gathered illegally at the kowloon waterfront. it's the latest in a series of sometimes violent confrontations, in what's now been over more than four months of unrest. and there have been more clashes between police and protesters in barcelona, following the jailing of catalan dissident leaders. some of the 350,000 demonstrators threw bottles and fireworks at police, who responded with tear gas and rubber bullets. nine separatist politicians and activists were jailed earlier this month by spain's supreme court. an early renaissance painting by the italian painter cimabue will go up for auction today, just weeks after the work was found hanging in an elderly woman's home near paris. christ mocked, part of a series of paintings from the late 13th century, has been valued at between four and six million euros, in what could be france's biggest art sale of the year. eric turquin is an old master expert who studied and valued the painting — i spoke

kong's slides into recession. more on that. this is bloomberg. ♪ >> following the latest interest rate decision, tom keene and i have an exclusive♪ shery: this is "daybreak asia." i'm shery ahn in new york. paul: i'm paul allen in sydney. the hong kong economy contracted sharply in the third quarter. data exceeded economists' worst estimates from the damage of nearly five months of protests, plus the trade war. percent, the 3.2 worst slump since 2009, which was the aftermath of the global financial crisis. still with us is johanna chua, economist pacific at citigroup. terrible numbers. we were expecting hong kong to slip into recession, but the road to recovery seems long and uncertain as long as protests continue. right? johanna: absolutely. the 3.2% was a shocker. you look at when the data what was surprising was how deep and sharp the contraction was on fixed capital investments. clearly the investment environment is very weak. therefore the amount of policy support the government can provide would certainly help at the margin. you are absolutely right, i think recovery will take a while. but it is important to point out thre

kong protests. francine: thank you so much. coming up today, tome imf managing director ahead of the annual meetings in washington. i know you will have a question or two about economic stability and about what jay powell of the fed can do and how the trade war will impact her reasoning. in the meantime i am looking at treasuries. investors in today's market trying to weigh the chances of a breakthrough of these high-level trade talks. if you look at equities, they are kind of falling a little bit, especially with futures little bit lower. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today. ♪ pres. trump

strongest political leader ever since malta tom that's is the image she wanted to create and i think you chief that and so how visible than our very hong kong protests to people in mainland china. well as a set this is carefully. controlled to the news out of hong kong so obviously the message is these are. rebels against the mother country and they have no no effect at all but still it happens and it happens since months now and obviously one child and 2 systems is not a system that would enable the communist party to control what is happening in hong kong that is not the image that the city people would like to cool off and so he is powerful and that's what he wanted to show so that as a set that's this little scratch in his image that even the majority of the people in the people's republic who quite believe what the party tells them namely these are rebels without consequence what they see. that was for german ambassadors in china stansell now to some of the other stories making news around the world one person has been killed and hundreds injured in clashes between protesters and police in the iraqi capital that protesters were angry a

kong's pro democracy protesters. china is now refusing to air nba games. here's tom llamas. >> reporter: tonight, china putting the full-court press on the nba. their main broadcasting network refusing to air two preseason nba games and appearing to threatening their billion dollar plus contract with the league. it all started with this tweet from houston rocts gm daryl morey. "fight for freedom, stand with hong kong." morey showing support for the pro-democracy demonstrators battling the chinese-backed leaders of hong kong. >> ryl's tweet has hit whatda i would call a third rail issue. >> reporter: china castigating the rockets for the tweet, demanding they correct the error. >> we apologize, you know? we love china. >> reporter: that sentiment outraging many american fans and lawmakers on both sides of the aisle. but today, nba commissioner adam silver trying to balance the league's $4 billion interest in china with american values. >> we are not apologizing for daryl exercising his freedom of expression. >> reporter: the chinese state broadcaster firing back sayin

. >> how does the situation in hong kong also way into negotiations? tom: it seems in the last few days, president trump has want to do sideline the issue to some extent, which of course would please beijing, but the reality is things are moving forward of their own momentum. you have the protests, the unrest continuing in the city and from the domestic u.s. political side, you see there is a bipartisan push now to sign off on the hong kong human legislationemocracy that would lead to potentially the statusheck on that hong kong has. you have republicans like ted cruz who have been in hong kong to show their support for protesters. it seems trump wants to keep it a separate issue, but the momentum they just mean it is forced into these negotiations further down the line, and that is just another factor that has to be weighed in to the negotiations between the two sides, alongside questions about human rights, national security, technology, of course, so it just makes it that much more complex. >> let's take a look at how it played out in global markets. a

trade war and hong kong protests, and the ceo spoke to my colleague, bloomberg's tom mackenzie, in beijing listen. people probably still will travel, but perhaps may be four times a year, maybe three times of travelingad long haul, it might be traveling to asia or within china, but i think travel for middle to high-end customers almost is the golden week holidays, chinese new year, or summer break. they will bring their family. being weighed down by the near time -- near-term weakness? : yes, it has a negative but i think of this as kind of a one time thing. so we will still make a strong investment in the long term. drivesw would you say it the broader impact of the trade war in your business? i am very hopeful that leaders of both countries will have the wisdom to focus on our shared interests, and there are so many things we shared together. i think, both countries will be benefiting from our collaboration. course, in hong kong, there has been significant pressure. can you quantify for us how it has played out for ctrip, in terms of demand for mainland tourists? jane: the impact estimat

yvonne: no respite for investor concern in hong kong after a 20th weekend of protests. tomalks, china's top negotiator said things are going well and a partial deal is in the works.

tom: we have images from hong kong. maybe this is what happens on a monday after a protest.uring pro-democracy protests. governmentt is the response this week? is there a calendar or a complete mystery to how the hong kong government moves forward? it is difficult to ascertain what direction the government wants to take after the emergency ordinance was used on friday by carrie lam and the executive council to enact the law that would ban the use of masks during masked assemblies. acrosss seen backlash the community. we have pro-democracy lawmakers attempting to have an injunction put against this. this builds up there is a lot of frustration. carrie lam not compromising. the five demands the protesters seek have yet to be met. a lot of speculation with the government may do given the ordinance allowing for a curfew or limiting internet access. we had the government issue a statement clarifying and that -- at the stock market which reopens after the bank holiday. francine: thank you so much. in hong kong for us. giving us the very latest on these protests. let's get to the b

tom: thanks so much. i'm glad you led with hong kong this.xtraordinary watch thursday evening on to friday. on the a item out wouse weekend. a lot going on here. there is a lot of nuance within a still strong dollar yet euro picks up lake-effect. oil down. the vix showing 20.0. the two-year yield at 1.47 should be on the screen. a lower yield is up against the september lows. what is so important is we got there fast. 30-year bond from a 219 into 207. what has not happened the 106 yen. francine: tom, this is what i'm looking at. look at markets. they are drifting in europe. just a reminder for all of our global audience. good morning radio in london. german markets are actually closed today. stocks drifting in europe. a lot of people trying to figure out data in the u.s. government bonds a little more up. boris johnson speaks to parliament on brexit. tom: let me go to the bloomberg -- it is a two-year yield. slope matters here. it shows the tendency here. 2019. one leg down in may. another massive leg down through that challenging august. up

kong? jane: the impact we roughly estimated is around 5% of our total revenue. tom: about 5%? ok. you expect that to turnaround? jane: hopefully, the area will be stabilized very soon, so the government and the people will look into the future, look forward to what hasm: a big focus recently been to grow in lower tier cities, so smaller cities in china. how much success have you had there, and what is your target for growth? additional 50% of revenues coming from that. are you close to meeting that target? 80,000e have about offline stores, and the growth and the growth empowered by these offline stores is tremendous. efforts,so putting in further penetrating into the fourth tier, fifth tier cities. it is working out very well. the year-over-year growth is more than 50% year-over-year, so we are confident, in fact. tom: and you expect those kind of numbers to continue in terms of growth? jane: as long as we keep up with our execution, we will be able to gain more market share. has outbound travel as well been a clear focus for the business and it grew between 20% and 25% in the se

people what happens to hong kong opiated make the future of what that was a promise and of the things you do hear people say the sense into us but today will go tomorrow tom but not as promised but as a warning in terms of promise what about the consensus of $99.00 to do in ridge type a and b. and b. is going to be that there was going to be one china is that the longer relevant i would like to point out this $92.00 sentence the consensus of $92.00 was achieved between that chunk. and the communist party and that means that when its people know not to the obligation to get into the state of what one's tongue in cheek and his party wanted namely to see we owe we hope not the minute we don't do that the town is people wanted to to to say to the word we are we are at the market take and we want to govern us in the sovereign state he just to be clear what you are saying is that taiwan now rejects the consensus of $99.00 to $2.00. yes well this is and i have to say it in the other with their history name a bit and 92 consensus it was agreed to disagree between as we like to point out between chunk of our body and communist party the voice at a time when its pe

kong. we have plenty more ahead, that is all from "daybreak: asia," but stay tuned for "china open." this is bloomberg. ♪ >> it is 9:00 a.m. welcome to bloomberg markets china open. i'm tomd muted trading day with hong kong and mainland markets closed. david: let's get your top stories. china dials back expectations for a trade breakthrough this week. we list of topics on the agenda in d.c. has narrowed substantially. yvonne: more pressure on the president. donald trump may face a second whistleblower as the impeachment drama moves on. hong kong recoils from one of its more violent weekends yet as protesters turned to vandalism in

tom: karen, thank you for the report and for our team in hong kong for challenging reporting over theys. karen leigh in china. coming up, francine lacqua in italy, which means you can only have a discussion on what to do maybe, and we, speak with our chief executive officer. this is bloomberg. good morning. ♪ viviana: this is bloomberg surveillance. month, greenlight capital hedge fund surging, getting more than 8% in september. that brought returns for the year to an average of 24%. einhorn remains committed to buying beaten-down stocks and shortening growth companies. the world's largest self earn -- sovereign wealth fund got the green light to sell $6 billion of oil stocks. that produced a proposal to dump all $40 billion or so of its petroleum-based investment. they are arguing selling the stocks would reduce the overall risk for norway. retail prices for manhattan apartments falling the most in more than 80 years. buyers are demanding discounts and markets swamped with choices. previously owned condos and co-ops fell for a median of 915,000 in the third quarter, down 8% from a ye

tom mackenzie. yvonne: i am yvonne man. david: stories today, hong konger policy address. we are live at the government complex. speech comes amid tensions between beijing and washington. china is threatening to retaliate on human rights, calling it a gross interference in its internal affairs. growing doubts about the health of the global economy. the i

us senator tom, tweeted the butchers of beijing celebrate 70 years of communist tyranny by shooting a student marching for freedom in hong kongdly appropriate way to mark a dark lamentable anniversary. president xi jinping asserted his rule over the city. >> we will maintain the long-term prosperity and stability of hong kong. >> donald trump arcs the occasions siding with xi tweeting congratulations president xi and the chinese people in the 70th anniversary of the people's republic of china. the president's allies have a different perspective including mitch mcconnell who said in a statement on the 70th anniversary of the people's republic of china we should pause to recognize the many millions of lives lost under chinese communist rule. liz cheney tweeted the anniversary is not a day for celebration. last week the president criticized the chinese response to the situation in hong kong but was careful not to directly president xi, trade talks are set to resume between the united states and china coming up in just a few weeks. shannon: a lot of competing interests. fox news at night going in depth with the other side of the

tom fitton, thanks. the nba bowing to economic pressure communist china. the houston rockets general manager apologized after he posted an image of pro hong kong democracy demonstratorsn response to his tweet, multiple chinese businesses immediately suspended relationships with the houston team. in order to calm things down, the nba executive suite released this statement saying the nba recognizes the tweet offended many. the hell you say. but added the league recognizes people sharing their views are important to them. people are slamming the nba for bowing to china. ted cruz said human rights shouldn't be for sale. it's clear the nba has sold and sold dearly. we continue our coverage of the party of hate's efforts to take down this president. everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any time. all with millions of secure wifi hotspots and the best lte everywhere else. it's a different kind of wireless network, designed to save you money. switch and save up to $400 a year on your wireless bill. plus, get $250 back

protests being small you know tom violet you go to that is the monster that these protesters are chanting thank you very much for that scar heiler life for us in hong kong and of course we'll continue to follow developments in hong kong political crisis with scott throughout the day here on al-jazeera meanwhile china has called on the u.s. to stop interfering after politicians in the u.s. house passed a series of measures aimed at supporting government protests in hong kong 4 separate measures all passed by unanimous vote backed by both democrats and republicans one of the bills would require an annual review of whether hong kong is sufficiently autonomous from beijing to keep its special trading status with the u.s. . in other world news a u.s. delegation led by vice president mike pence is set to travel to turkey they'll be seeking an immediate cease fire in northeast in syria but turkey's president insists the military operation will continue until his country's objectives have been achieved russia who is invited to want to visit the kremlin says its troops are now on patrol in northern syria as in a hunter has our report. the russians moved in after

kong probably gets thrown into this bucket. presumably, politics is getting more and more part of the equation for president trump. tom: that is a great point. when this was an economic dispute, it looked like there was a win-win solution. then it became an economic dispute and a technology dispute and it looked harder. now it has become economic, technology, politics, and culture. getting to a deal is much harder to do. in the very short-term as we think about the talks taking place now, it is kind of remarkable they are taking place at all. think about what has happened in the last week. ,e have the nba controversy u.s. sanctions on major chinese technology and surveillance companies, the scoop from bloomberg about the u.s. potentially blocking dollar flows into china. there is a high risk that the vice premier says, this is not a good backdrop for talks. i am not getting on the plane to d.c., and the fact that he is here and these talks are taking place as a suggestion that we should not be ruling a mini deal out. romaine: we will keep an eye on that all day long, tom orlik with bloomberg economics and sarah poncze