the tsl, ciuts, just to name a few. these are successful chinese companies working here. as the american companies in china, the chinese companies working in california in san francisco are also making contributions to job creation and the development of the economy in local areas. we're thinking these are very good signs. as the previous speakers mentioned, we paid a visit to the united states last february. governor brown proposed that we set up a working group for the u.s., a state, and china provinces to cooperate. we call this a working group, a joint working group of provinces and the states. at that time, the vice president made a very good, very positive response for the proposal. after the vice-president returned to china, we worked very hard on the proposal and my visit this time is to further the proposal. to make further follow-up of the proposal. yesterday morning, the delegation was in sacramento so we had a very good and successful and fruitful discussion with the lieutenant governor newsome and secretary ross. we believe when the working group is set up, i

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if you look at the winner-take- tsl market, that mar ngowi ohat our traders believeo wbail get more than 50% oputhpoe la po vote. >> repthaer: tt was beere: th first presidential debate, however. the odds are now much lower. but they're still above 60% that president obama will win the popular vote. so, who's right, the professors, the pollsters, or the plungers? lets start with economics professor ray fair. fair's equation uses just four variables to figure each candidates odds: incumbency-- a sitting president has an edge; party-- being a republican seems to help; inflation rate-- the lower the better; rate of income growth per person-- the higher the better. so, this year? >> the model says its a very close election predicted. if the economy were booming, the equation would be predicting a pretty substantial obama victory. if the economy were going into a recession, it would be a substantial romney victory. the economy's more or less in between. >> reporter: unlike most of us, fair has a professional interest in the outcome. >> if there's a close election, the equation will have done

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