and this is at a time when the us trade war with china has rattled global markets. trade organisation has ruled that the us is entitled to tax imports from the european union worth billions of dollars — in retaliation for state support the eu illegally gave to aircraft maker airbus. it's the latest chapter in a 15—year battle between the two sides over subsidies for airbus and rival boeing. vivienne nunis in new york is following the story. after 15 years of wrangling, the wto has handed down the largest arbitration award in history, it allows the us to apply tariffs to $7.5 billion worth of european exports in retaliation for illegally subsidies paid to abbas. president on troubles quick to claim it is a big win for the us. they think i don't like the wto and they want to make sure that i'm happy because all of those countries were ripping off the united states for many years. they know that i'm wise to read. we've had a lot of wins. this was a $7 billion when, not bad. the ta riffs $7 billion when, not bad. the tariffs will mostly affect goods from france, germany,

and the state of us, china trade relations. the snp also indicative territory. ank you for investing your time with us. sport today is coming up next. this is bbc news the top stories this hour: frantic efforts are still underway to reach a last—minute brexit deal on the eve of a eu summit in brussels. the us house of representatives has voted overwhelmingly to condemn president trump's decision to withdraw american forces for north—eastern syria. president trump has told reporters it was borisjohnson's idea to engineer a meeting between harry dunn's parents and the american woman accused of causing his death. the 19 year—old died when his motorbike collided with a car in northamptonshire last august. the woman left the uk for the united states claiming diplomatic immunity. the teenager's parents said they were pleased to be invited to the white house but said they felt ambushed when the president suggested anne sacoolasjoin them as our correspondent duncan kennedy reports. from new york to washington, this was the moment harry dunn's family found themselves head

they are mirroring the fall on wall street ahead of the us china trade negotiations on thursday. hank you so much for investing your time with us. so much for investing your time with us. i'm rico hizon. bye for now. the parents of a ten—year—old boy who died after contracting hiv through infected blood products, were given a standing ovation at the public inquiry after describing the family's ordeal. lee turton died in 1992. his mother told the year—long inquiry she believes the government knew the blood products being used were infected, as did the pharmaceutical companies, but that they did nothing. around 3,000 people died and at least 30,000 were infected with contaminated blood products in what has been called the biggest treatment disaster in nhs history. our health editor, hugh pym, has been speaking to lee's parents. good morning, son, merry christmas to you. are you all right? i've got a stomach ache. huh? i've got a stomach ache. it was lee's final christmas. he was ten and only had weeks to live. he'd been infected with hiv because of his treatment by the nhs. i can't

the china—us trade war.mposed tariffs on more than $360 billion of chinese goods, and china has retaliated with tariffs on more than $110bn of us products, all of which could knock china's economic miracle off course. mark schaub, international partner at the asia—based law firm king & wood mallesonsjoins me now. what china has achieved in 70 years is really economically quite remarkable, isn't it? it really kicked off about 30 years ago so most of that spectacular growth started, like you said, in the early 19905. that rate, still over 696, it isa 19905. that rate, still over 696, it is a figure that will be the envy of many developed western economies who could get nowhere near that currently. but it is still a lot lower than china has gotten used to in recent decades. back in 1993 the highest rate of growth was 1a%, like you mentioned. but nowadays, the base of the economy is so much larger, it would be hard to maintain that kind of momentum so i think china doesn't expect to see those kinds of growth rat

let's start with the ongoing us china trade war because the 13th round of talks is set to resume in washingtonthis is the first meeting between top negotiators on us soil since the trade talks collapsed in may. but there is little hope they will be productive. news reports are saying that the two—day meeting may be cut short due to unresolved issues on key sticking points. as you can see right now on our motherboard screens, right now on our motherboard screens, virtually unchanged for the major markets open at this hour. earlier they were up by 0.8% but they have basically lost some of those gains and us futures showing negative territory due to the news reports. of course, i have been speaking to the former economic ambassador to the british embassy in beijing and a former trade advisor for the us. matt told says the best both sides can hope for is a limited deal at rest. you are talking about the chinese agreeing to talk further and you are talking about the chinese making a few agricultural commodity purchases. commodities that the chinese need but are not purchasing as a concession to the

china. in terms about —— badges us things, secondly, i think that china has to make some verbal commitment of is essentialfor making — fracture make a commitment to not make a high tariff in the vision, and to have relief. in terms of individualised advantage for the us. in terms of the impact of the ta riffs us. in terms of the impact of the tariffs are increased, who think they would have? i think if you. .. there's a lot of tariffs prevent chinese goods, if you look into the ta riffs chinese goods, if you look into the tariffs for the next round, it's going to start hitting both sides because you know you have a lot of consumer on the next tablets, both to show both sides feel the pleasure. many thanks. let's move to india now — where prime minister narendra modi is hosting chinese president xi jinping this weekend. both nations with vast populations and slowing economies — they have both found themselves at the wrong end of the america first policy. jagdip cheema reports. the economists have of the greatest success stories of the past decade but there slowing down. the three months betwee

let's take the iphone for example: designed in the us but assembled in china. 't resolved by december, the us will impose a 15% levy on the iphone among other tech products made in china, so prices around the world could rise. germany is europe's biggest economy — almost half its output comes from exporting — and trade tensions are helping push it into recession. this week the new boss of the international monetary fund warned that by next year — trade wars could have shrunk the global economy by 700 billion dollars. that's equivalent to wiping out the whole of switzerland's economy. we have spoken in the past about the dangers of trade disputes. now we see that they are actually taking a toll. global trade growth has come toll. global trade growth has come to almost a standstill, in part because of trade tensions, worldwide manufacturing activity and investment have weakened substantially. there is a serious risk that services and consumption could also soon be affected. shirley yu is a senior visiting fellow at the institute of global affairs at the london sch

those much anticipated trade talks between the us and china begin in washington today. talk you through what's at stake. also in the programme: apple drops a hong kong police—tracking app used by protesters. is this another example of a us corporate giant bowing to pressure from beijing? and how one of scandinavian society's oldest taboos is being challanged by the insta—generation. and to mark world mental health day we talk to england rugby legend johnny wilkinson who speaks frankly about his. also we'd like to hear from you. the uk's top docter is saying snacking on public transport should be banned to help tackle child obesity, so how would this impact your commute? get in touch. just use the hashtag bbcworklife. hello and a warm welcome to worklife. we begin in washington where top level talks are due to take place later between the us and china over their increasingly damaging and fractious trade war. there's growing concern a deal is still a long way off. that's been hitting financial markets around the world in the run—up. the us and china together account for m

iphone maker is the latest foreign firm to rattle china, following the national basketball association and sports brand vans also embroiled. all this as us prepare to meet to resolve trade row. let's go to our asia business hub where rico hizon is following the story. it's nice to see you, rico. this is just another spanner in the works, is it? in terms of a smooth path to trade negotiations? absolutely. you mention apple, you mention vans, the nba and the latest initiatives in the united states. undoubtedly, both sides are going on the offensive and a full—court press, that is basketball jargon ahead a full—court press, that is basketballjargon ahead of negotiations in bc. tensions are already running height —— in dc. they are running high even before the games begin. the united states is putting 28 companies on their entity list, restricting their access to american technology without government approval. the us also announced visit restrictions on eight unnamed officials associated with them. and analysts are saying, sally, the us' tactics are undoubtedly a high risk, seeking to pressure the chinese trade delegation before the main ev

business asia in berlin good to have you with us china wants further talks to hammer out the details off a phase one trade deal agreed by u.s. and chinese negotiators on friday bloomberg news reports this beijing may send a delegation to finalize a written deal that could be signed by u.s. president trump and chinese president xi jinping at the asia pacific economic cooperation summit next month in chile there are reports china wants trump to also scrap a plant tariff in december in addition to the hike scheduled for this week. but this comes as a fresh data from china shows just how much the trade war weighs on its economy china's imports and exports fell by more than analysts expected in september official government data showed flagging demand at home and abroad weighing on the world's 2nd largest economy the news from china customs isn't rosy. dryness foreign trade has shrunk more than the experts expected. you know you're going in september trying to total import and export value was $2.00 trillion you won a decrease of 3.3 percent exports were $1.00 trillion yuan a decrease of

the us china trade war is casting a long shadow slowing china growth could even cause global recession. for more let's bring in our asia correspondent andrea hang in singapore that 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. well monica it's actually not a very big deal given the fact that the chinese government did give a very white target range of between 6.0 and 6.5 percent for the entire year now this is also leading to the since it's officials in beijing who say that they have somehow maintain stability overall in the quarter. while how reliable is the official data that we're getting well this is a very big point of contention for everyone and it's inherently because the chinese statistics officials are unable to don't have the capacity to manage inflate it figures that come from the local departments now researchers say chinese the chinese economy is actually about 12 percent smaller than official figures declare and it's also overstated its g.d.p. growth by about 2 percentage points annually especially in recent years b

example, for china, fell for the 17th month in a row, and we already know that the economic growth is at its weakest in three decades, at 6% —— vivienne. they are still hoping that the us sign an initial trade agreement next month, but we learned that chile has decided to pull out of hosting the apec forum because of protests and that is where presidents trump and xi had been hoping to meet. we still don't know where those two leaders will meet to discuss the trade war. now let's brief you on some other business stories: the boards of french car giant peugeot and italian—us rival fiat chrysler have agreed to work on a $50 billion merger, according to reports. an announcement could come as early as today. fiat chrysler failed to secure a merger with renault earlier this year. the auto industry is being forced to consolidate by the growing cost of new, cleaner technology. apple says profits fell 3% in the past quarter, to $13.7 billion. it has been hit by a steep fall in revenue from iphones, which still make up half its sales. apple is trying to refocus on wearable technology, such as airpod earphones and watches, as well as services like apple pay and the forthcoming s

the us - china trade negotiations continue. how much of a factor is huawei in these negotiations? d wanes. we are seeking those meetings with the us government and whoever they want us to meet with but they are not getting the word from the top that it is ok to talk with us and woke things out. even though the chinese government does not have any say over huawei, the fact that it is so heavily involved in many chinese companies, it is hard to separate the two, given laws in china that means that if they do asking for information or at some level you will have to hand that information over. we cannot be forced to turn over. we cannot be forced to turn over data we do not have. and that is the point. put aside the questions of what the china government can 01’ questions of what the china government can or cannot do, the fa ct government can or cannot do, the fact is there are in place to make sure that when a major telecom provider allows us to help service under their supervision to service their equipment, we can provide assurance that no data can be accessed without the company kn

has had in previous years, the significant hit and they‘re attributing it to the us china tradehey do recognise and have acknowledged chinese officials that external, the external situation has become a lot more difficult and any conversation as you and i know about the chinese economic figures has to come with caveat. this of the government wants you to know, wanted to believe. the economy is going out, —— independent economists believe it‘s much less on that but what is important for us to pay attention to is a direction of growth. as you point out it is the slowest level on 27 years. but beyond china‘s economy has been slowing down, the government has planned for it to move in that direction, now however ben, the economy is being hit on three major fronts. the treadmill, as you pointed out, domestic consumption, people back at home in china, are not spending as much money as they had in the past and also there is theissue had in the past and also there is the issue of the global economic environment which means currently it is very difficult for china to use the things it has

let's talk some more now about the upcoming us—china trade talks in washington later this week.p administration blacklisted several chinese companies over beijing's treatment of ethnic minorities. president trump gave mixed messages, saying there is a chance of something very substantial, but a quick trade deal was unlikely. well, they want to make a deal. they are down 3.5 million jobs since we started doing what we are doing, and their supply chain has really cracked and broken, and they want to make a deal. now, they are coming to see us on make a deal. now, they are coming to see us on thursday and friday. we think there is a chance that we could do something very substantial. read into that what you well. we will all be watching president trump's twitter feed, won't we, to get a sense of what is going on in those talks. that's true, because this latest move by the trump administration will likely escalate the ongoing trade war between the two economic superpowers. because the united states has added 28 new chinese groups to the so—called entity list, which effectively block

a dispute with south korea. 0ne by the us china trade law and a dispute with south korea.e well‘s leading fund managers has been forced to resign after the bbc discovered he had broken investment rules. mark denning help to manage more than $300 billion worth of investors‘ money at capital group. panorama programme discovered evidence that suggested he was secretly acquiring shares for his own benefit in some of the same companies as his funds. now, over to india where two call centres in calcutta which are suspected to be instrumental in defrauding thousands of victims in the uk, have been put out of business after a joint operation conducted by the city of london police microsoft and the indian police. the fraudsters called people claiming to be from the softwa re people claiming to be from the software giant and telling them that their computer‘s security had been compromised. let‘s have a look. their computer‘s security had been compromised. let's have a look.|j was an absolute plonker to get involved. these people are so believable. it offered antivirus software for £

after last week's positive signals in the us—china trade war, us treasury secretary steven mnuchin has the tone again. let's go to our asia business hub, where rico hizon is following the story. rico, what did he say? really sharp turns, threats, warning china that if a deal isn't struck by the middle of december, new tariffs on $156 billion worth of chinese goods will be imposed. but president trump seems to be more optimistic, describing the talks on friday as a love fest, and he said the preliminary deal would take about five weeks to complete. and, you know, it might be signed with chinese president xijinping know, it might be signed with chinese president xi jinping at the apec summit in chile. but listening to the chinese officials, they have been more cautious, more conservative in their approach about the outcome of those talks, simply claiming there had been progress between the two countries. earlier i spoke with a former white house international economics adviser to president trump, and he said a deal is still on track, despite mnuchin's comments. he doesn't expect, though,

hsbc hits the skids as brexit uncertinty and the us china trade war drive the bank to an 18% profit drop. and on financial markets, it's a subdued start to the week with investors waiting for the us central bank meeting on wednesday and more big earnings stories — hsbc being the latest. the eu will meet today to consider a brexit extension until the end of january, with an option for the uk to leave earlier if a deal is approved. why? well, although a deal has been agreed between the european union and uk prime minister borisjohnson, british mp's haven't yet given it their endorsement. eu members are looking at a range of brexit extension dates including november 30th, december 31st and january 31st. if an extension can't be agreed, the uk will leave this thursday without a deal. that possibility is undoubtedly causing concern in the business community. the institute of directors says more than half their members favour another referendum or general election over a no—deal brexit. if the eu backs a longer extension then they could get their election wish. borisjohnson has said he wants t

and china so this is for us as it's been going on for many years as china's as it's become more expensive to produce in china us we just have gone up there there's already been a relocation so companies have been looking elsewhere including chinese companies and american companies have been looking elsewhere in developing asia i think what's happened with the trade conflict is that process has accelerated so you've seen increases in if the f.b.i. approvals from american companies and chinese companies into the rest of developing asia there have been what seem like some more positive notes coming out of beijing and washington they have for the past week or so how seriously do you take this talk over an outline preliminary deal yeah i mean if you look very if you look closely at it i think it's far from what's needed i mean if this is what we count as victory no that was poland of the tariffs and. agricultural purchases of agricultural products by china it's really far we haven't rolled back any of the previous tariffs the tariffs that are going to kick in in december are still on the table

that china is outdated ip and foreign investment laws i made complaints from the us that china is guilty of intellectual as good home pretty of intellectual property that these one also believe is to be one could also lead to the us removing china's currency manipulator status the countries make a bilateral committee moving china's currency manipulator status as the countries make a bilateral commitment not to manipulate currency markets for economic advantage the deal could all this not to manipulate currency markets for economic advantage the deal could also include a much needed break for farmers china agrees to resume purchases and also include a much needed break for farmers china agrees to resume purchases of products like soybeans and port high levels that were seen before the trade war began products like soybeans and port high levels that were seen before the trade war began however the deal will not include a removal of restrictions on chinese telecom giant however the deal will not include a removal of restrictions on chinese telecom giant wall way and a s

us each autumn. this year it's coming out several weeks early. social media chatter points to the trade war. china in retaliation to us tariffs in 2018, leading to a pork glut here in the us and, so the theory goes, more mcribs. there's another possibility too — relevance. mcdonald's has been making a big push to attract more customers lately. it recently invested in drive—through technology that updates menus according to the time of day and even the weather. but the us fast food market is increasingly competitive and seasonal items get customers excited. so whether it's the trade war orjust old—fashioned marketing, mcrib season is upon us. time now for our daily look beyond the headlines. we're joined by consumer journalist, columnist and broadcaster harry wallop. very good to see you here. good morning. shall i start with this? very good to see you here. good morning. shalli start with this? i don't mind. go for it, david. you picked this story out of the sunday times. yes, but it has been picked up times. yes, but it has been picked up by times. yes, but it has been picked up by various websit

but came on reports of limited deal between the us and china. o his own. sport today is coming up next. —— rico hizon. this is bbc news. the top stories this hour: syria's government is sending troops to confront what it calls turkish aggression, as turkey continues its military operation against kurdish forces along its border. rescue teams have worked through the night injapan to help people trapped by floods and landslides caused by typhoon hagibis. the word brexit sparks very different reactions. the political row over whether the uk should leave the eu or not has broken friendships, divided families and the nation. if you're fed up hearing about it, you're not alone. new research by yougov suggests that almost half the country thinks it's been bad for their mental health too. marc ashdown has been looking at its impact. it has been loud, it has been divisive, and it seems brexit has also been bad for our health. even politicians have reached new levels of exasperation. pure selfishness and political cowardice... this prime minister, to talk

peter mcguire talked about how the hong kong protest and the ongoing us china trade while will impacttom line of hsbc. we're looking ata bottom line of hsbc. we're looking at a pre— tax of ii% washout in virus but a washout in revenue. it hasn't been a strong quarter and moving forward it will be tougher, i think probably going into the next quarter into quarters and three quarters out. it will certainly have an impact in the long run. tough next quarter and the following quarters and you have chairman mike tucker and acting ceo noel quinn under pressure to basically show investors how the bank plans to manage these issues while still boasting growth in asia which makes up boasting growth in asia which makes up more than 70 pet that 70% of its revenue. we are understanding what impact it has as far as bankruptcies in hong kong. that is a strategic move but the issue at hand is what goes on as far as negative rates and low interest rate environment and learning capacity for banks globally. is the strategic move cost—cutting? will that globally. is the strategic move cost—cutting ? will

does the political tension between the us and china impact your business model in india? ewspaper that the us government is really lobbying the indian government. but i still believe what we should do is focus on work we can do. try our best, make it perfect. it is also alleged that your company ‘s products contain backdoors that enable china to spy on other countries. are you willing to sign an agreement with india separately, guaranteeing that there are no backdoors? in india we also other road to the industry. let's sign this no backdoor agreement with the indian government to give our commitment to indian government and the indian industry. the us commerce secretary said an event in india recently that the trump administration opposition ‘s to the company was not about protectionism but about security risks that go beyond the front—end equipment. what is your response to that? yes. that is your response to that? yes. that isa is your response to that? yes. that is a very simple case for the us who have concerns. where is there evidence? quickly to the markets before we

this comes as asia ‘s fourth largest accounting is, between the us china trade were and its own disputeeleasing its latest trade numbers after 20 weeks of violent protests. authorities have pledged 255 million us dollars to help boost the battered economy. for more on the street, i'm joined by from hong kong by my colleague and business reporter andrew wood. andrew, what are the estimates with the tree numbers? they are not good i am afraid at the moment. i think people are very worried that both the problems of the past 11—5 months namely all the protests and disruptions to business are affecting the mood in hong kong. and don't forget hong kong is also caught in the middle of the us china trade disputes. hong kong is a key port through which it wants and lots of chinese goods travel to the rest of chinese goods travel to the rest of the world. and the trade figures tend to refight that and at the moment people are looking and saying the trade figures will be certainly disappointing. andrew you live in hong kong. describe what you have seenin hong kong. describe what you have seen in t

. >> next a discussion on us/china relations with virginia senator mark warner, vice chair of the senate diligently, from the us institute of peace, this is an hour and 10 minutes. [inaudible conversations] >> good afternoon, i am the president of the us institute of peace and i'm delighted to welcome everybody to a timely conversation with senator mark warner from virginia about the us china relationship. an issue that is getting a lot of attention these days. senator warner has been at the forefront of china and has been a leader on the conversation related to foreign policy and national security issues on china and through his years of service in the senate. for those of you joining us for the first time, us ip was founded by congress as nonpartisan national institute dedicated to working with partners around the world to prevent and resolve violent conflict with one of the things we do in our headquarters in washington is to provide a space for conversation about the most critical foreign policy issues of the day in the us china relationship certainly qualifies as that. that brings u

talks resume between the us and china in a bid to end their damaging trade war. and china cover more than 40% of the global economy, and the bitter stand—off is rocking businesses around the world. as you can see, australia and japan are both higher, they are following wild street‘s lead, because us stocks rose in anticipation that top—level trade talks with and with at least a partial deal. us president donald trump gave investors some hope after tweeting that he would sit down with amazing officials for a second day, that is a positive sign that progress is being made. lee is a former trade adviser to the obama administration. he is very interested in changing the domestic conversation away from his problems, this could just be an opportunity. remember, donald trump is currently torn right now, doing a deal with china would lift the markets, it would lift his popularity, it would allow him to go into the election cycle saying he could accomplish what he wanted to do with china, but there is this issue whether it would unravel by the time the actual election come

in the major, big issues, i think, will affect china internally, by the system, which the us would likebe more democratised, not having central government in control with so many industries. you have said that china should thank president trump for starting this trade war. why do you think that? what does china have to be thankfulfor? it think that? what does china have to be thankful for? it will make china to be less dependent on the us. the us wanted to be less dependent on china, on 5g and all this advancement, that china would grow quicker, more faster, this period. turning now to brexit, as talks continue in brussels, the pound has risen on hopes a deal can be agreed on. with the sterling hitting its highest level in five months. this is prime minister borisjohnson is under pressure to get a fresh agreement by thursday's european union summit. although his spokesman has said there was, quote, more work still to do. in hong kong, the city's legislative council is due to start a new session later today. chief executive carrie lam is expected to officially withdraw the highly controv

what impacts something is what happened betweenjapan and korea and the broader us — china trade law. ying a treat either use houston rockets general manager supporting hong kong protest was reg retta ble supporting hong kong protest was regrettable and inappropriate. the nba has had the full court press in china to tap into the countries most number of diehard basketball fanatics. the chinese basketball association has seven or partnership with the ruckus over its remarks. the first ever game that over the weekend wanting to turn young indians into fans and find talent in the country, with india being such a big cricketing nation and with the rise of other sporting links, can it develop an appetite for basketball? we went to the basketball courts in mumbai. i cannot stop dreaming about it every night. i wanted to be part of history. india has been a priority market for the nba for a number of years now. it is young, massive, very tech savvy. if someone comes to their first game and it is exciting, become a fan. indians love to celebrate, a spectacle, great movie, great dance, thatis s

the new boss of the international monetary fund tells the bbc global trade tensions from the us—china to a no—deal brexit will cost the global economy $700 billion next year. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. this is wednesday's briefing. also in the programme: caring for the elderly is a global issue — in the uk, 20% of workers aged over 45 expect to quit theirjobs to care for an elderly relative or partner, at an estimated cost of nearly $2 billion a year. are you in this position? do tell us your story. just use the hashtag #bbcthebriefing. now, there is general agreement brexit talks are not going smoothly but publicly at least both sides say they are still trying. on tuesday the eu's donald tusk accused the british prime minister of playing a "stupid blame game" after anonymous uk government sources briefed that a deal was "essentially impossible". borisjohnson is due to have face to face talks later this week with the irish leader leo varadkar. in a newspaper interview, the president of the european commissi

leaders will try to break the lengthy deadlock over a free trade agreement china is india's largest trading partner to trade war with the us means china wants to boost trade with india. by. direct investment into india has risen to about $45000000000.00 and china is keen to be a major player in the growing indian market. indians love chinese smartphones and other equipment but india wants more trade going the other way to bring down the $57000000000.00 trade deficit. there are common interests but warm friendship has proven elusive the indians dislike china's close ties with bitter rival pakistan to china pakistan economic corridor is a key part of she's belgian road initiative she met pakistan's prime minister imran khan this week for talks. only if india and china can put these disputes on hold and they face into a future of joint cooperation. in india and china are 2 giants of course in terms of population in terms of economic growth and the huge rivals and for more i'm joined by china expect clifford going to give it someone came up with a term for the 2 of them frenemies what's this summit all about then well i think

and on financial markets, the focus is still firmly on relations between china and the us, with chinaaying it will retaliate if congress passes a bill offering support to pro—democracy protestors in hong kong. it's been another embarrassing and very difficult day for hong kong's leader, carrie lam. she was forced to halt her annual policy address today after some lawmakers disrupted the session, shouting and jeering as she started her speech. let show you carrie lam now, who is now delivering, you can see here, live pictures from hong kong, her annual policy address via video link because, as i've mentioned, she was forced to stop within the legislative council. she is talking about a raft of property initiatives in a bid to restore confidence in her administration after more than four months of anti—government protests. we are keeping across what she is saying and we will let you know what her announcements are as soon as we get them. let's look at the impact on hong kong from an economic respective. many tourists are staying away. visitor numbers were down almost 40% in august compa

in the us — china trade war, president trump has a substantial deal could be just weeks away.e've had a tremendous, really, negotiation, a very complex negotiation, but something that's going to be great for both countries. the eu agrees to intensify brexit talks with the uk, but both sides say there is still plenty of work to do. and one man's marathon mission. can this athlete break the two hour barrier in austria? welcome to bbc news. the united nations say around 100,000 people have fled their homes as turkey presses on with its offensive against kurdish forces. there has been heavy fighting in both civilians and dozens of kurdish fighters have lost their lives. turkey wa nts fighters have lost their lives. turkey wants to create a 30 kilometre deep buffer zone running 450 kilometre deep buffer zone running a50 miles, so around 600 kilometres, across the syrian border. turkey's president erdogan vowed to press on with the assault to defeat kurdish fighters who he regards as terrorists and to settle millions of refugees there. three people who we re refugees there. three pe

it comes as asia's fourth—largest economy is caught between the us—china trade war and its own disputerjob cuts after a shake—up at the struggling office space company and the exit of co—founder adam neumann. its chief operating officer said it must now "right—size" the business to stem losses. that's after its biggest backer, softbank, agreed to invest billions of dollars after a plan to sell shares on the stock market collapsed. that's it for the business briefing this hour. the metropolitan police is working with facebook to try and stop terrorists livestreaming their attacks on social media. the force has started recording their counter—terrorism training exercises with body cameras provided by the company so it can further develop its artificial intelligence software. it's hoped the information will enable facebook to identify those kinds of videos more quickly. sarah corker has this report. firearms officers simulate a terrorist attack. the scenario — multiple gunmen on the loose in a disused building. the metropolitan police regularly practice their counterterrorism response, an

that they can, you know, put together their supply chains, but without that certainty from better us—chinasiness community has welcomed this limited deal. what does the chinese business community think? does that message get related to the chinese government in the same way the us one does? well, anything that the chinese are able to do, the government will spend it as a positive thing. they want to certainly have credibility with their own citizens, and so i am sure that this will be hailed as something positive as well. professor anne lee, thanks for joining us on bbc news. thanks for having me. the eu has agreed to intensify brexit talks with the uk over the next few days. the step is being taken after a meeting in brussels was described by both sides as constructive. borisjohnson said there was a way to go before a deal could be reached. still a work in progress, but he is trying. and now borisjohnson may, just may, be getting somewhere in sketching out a brexit deal. after his show of optimism, alongside ireland's leader yesterday, today on a school visit, it was time to look on the b

and joining me from war here in the studio now is to use china expert clifford couldn't clip it this is not the 1st blacklist issued by the united states what's different this time well i think the intention behind this seems to be more political certainly they've expressed it as a political move but we've already seen weiwei as you mentioned i think this is looking at some very key areas in china particularly surveillance in the comps a lot of chinese economic development in the area of ai for example has technological development in ai has been through the surveillance sector so it's targeting some companies which are very much involved in the i sector and beijing already said well we're going to hit back what can we expect yeah that's right they said they said stay tuned to see what they put they can do there's a lot of sectors they still haven't looked at yet they could they could hit the auto sector there's all these kind of areas where were they. could retaliate but we will have to wait and see that the next talks are to resume in 2 days from now insist they say any point in th

we know it all comes weeks before the us and china are scheduled to meet or another round of trade talksffs on billions of dollars of each other‘s export. the us is due to instant pose more tariffs this month. and of course there is brexit with the uk still slated to leave the eu at the end of this month. now let's brief you on some other business stories. ecuador, one of the smallest members of the organization of the petroleum exporting countries, opec, said on tuesday it will leave the 1a—nation bloc from january one due to fiscal problems. the andean nation is attempting to increase crude production to raise more income and has on multiple occasions broken its output quota fixed by opec. the us commerce secretary is expected to visit india today. according to reports, wilbur ross will meet finance minister nirmala sitharaman and commerce minister piyush goyal in delhi. the trip comes as the two countries remain locked in a trade dispute. that's it for the business briefing this hour. but before we go, let's check in with the financial markets. global shares on indices open around the

is up for the week again hopes for a us china trade deal seem to be a significant factor boiling stock market and in south africa the all shares is up for the week a south african currency the rand also notably strengthening this week on those reports of optimism for us china trade talks moving to europe and the americas in paris the cac is up for the week the bank of france this week essentially said the french economy is treading water the central bank affirmed their previous forecast point 3 percent growth in france for the 3rd quarter of this year in frankfurt dax is further weak and has been showing arguably surprising strength as germany seems to teeter on the edge of recession not market pop 2 percent just on friday and is up 15 percent for the year in the u.k. the footsie is also up for this week and surging on friday over optimism over a resolution of another fight over terms of trade of course the bungled breck's at the bottle notably the 50 foot c 250 index had his biggest one day rise this week since 2010 of 4.2 percent and moving to the americas in brazil. for the week the

and us china trade war to be signed soon sent markets climbing. strong corporate earnings also helping to boost shares the downs up around half a percent similar for the s. and p. five hundred which is a new record monday morning. nasdaq is up just over 1% currently. next here in france a strike at state owned rail operator sncf is forced thousands of travelers to change their plans. over half of the eighty thousand customers booked on high speed traiains linking paris and western france were unable to travel on monday. is just 30% of trains on the atlantic line were running. action by maintenance workers based near paris comes on the heels of work stoppages by conductors and agents concern over safety following an accident on a regional train in mid october. it also comes as the macro government prepares to unveil retirement reforms that could see further cutbacks the sncf. the head of the atlantic tgv line says the company is trying to appease workers. do you live in the district we filled all the demonstrating workers have put to us since monda

have to cause now most of them in bars and it's not just the protests hurting business the ongoing us china trade war is also contributing mainland chinese visitors are spending less china's currency the yuan has depreciated against the us dollar august retail sales where the worst on record the current outlook for hong kong is gloomy. now to some of the other business stories making news south korean military a spraying the heavily armed border with. north korea with disinfectant it's part of a week long quarantine operation to prevent the spread of african swine fever officials have confirmed 2 new cases of the deadly virus at hog farms near the demilitarized zone. made in china maybe not south korean make a corpse and sound has ended smartphone production in the world's largest market china seoul based conglomerate cites the increasing cost of chinese labor. american p.c. maker h.p. is said to continent 1000 jobs worldwide layoffs a part of attempts to streamline the business and net better results for investors the company showed last lost the sales in the 3rd quarter. the bankruptcy of

for the 1st time ever china has more startups valued that over $1000000000.00 than the us that's according to data by a market researcher who reported. outof a global total of 494 so-called unique homes 206 of them are located in china 2 ali baba affiliate and financial and right hailing giant d.d. choosing 203 unicorns are still based in the west and although he and be co-working space operator we walk. beaches right out of paradise from the people cultural which is fantastic food oh well that thailand has long been a tourism hot spot in asia but this year numbers are on the decline in particular the chinese are staying away holiday it has been hit especially hard. for years paddling beach was one of the most popular beaches on to catch thailand's island paradise welcome to millions of tourists every year but this season the beaches felt remain than usual. i think it's since june it's been the same every month it's. coming here for 15 blows seasons of love never seen anything as bad as what it is at the moment local tourist associations say visitor numbers have fallen by up to 30 percent

japan's exports have fallen for the tense consecutive months signs of a deepening impact of the us china trade conflict and its own ongoing dispute with south korea and september overall exports dropped sharply over the same month last year amidst slowing business with key trading partners exports to china dropped 6.7 percent and those to the u.s. almost 8 percent and with the u.s. threatening to introduce levies on japanese cars the future looks even less rosy. oh sure let you go if you happen to be a person with what i call finished wealth accumulation and if it so happens that you are looking for a new maritime home maybe i'd like to direct your attention to the following offer it's called tranquility and it is on the market again for a reasonable $200000000.00 the super yacht was among the assets of fugitive financier low tech joe and allegedly board with money taken from $11.00 m. g.b. now closed fund at the center of a multi country multi $1000000000.00 money laundering probe the infamous yacht is just over 90 meters long has a model clad interior a turkish bath a 20 need a swimmin