the state-run xinhua news agency quoted saying that china remains committed to promoting friendship with japan. a senior japanese embassy official said that chinese want to use the proper meetings to reiterate their position and to urge the japanese to compromise. a japanese government source said the chinese government apparently needs to take a hard line stance. he said chinese leaders are trying to boost public support. the source said it's essential that both sides keep talking. japanese officials are trying to arrange a meeting this woke between foreign minister gemba and chinese foreign minister on the sidelines o the u.n. general assembly. the head of an organization promoted friendship between the countries called for government leaders to repair the friendship. >> translator: i'm surprised that acquiring the senkaku islands has damaged the relationship between japan and china so severely. >> he will travel to beijing on wednesday despite the cancellation of the ceremony. he says he hopes to meet with chinese leaders including former foreign minister. he wants to explore ways to

china's state-run xinhua news agency reported on the talks, saying nationalizing the islands was an infringement of china's sovereignty. he called it a serious challenge to the international stability created after the end of world war ii. yang went on to say that 1.3 billion chinese are offended by the act and the country will not tolerate it. both ministers agreed to continue talks on the issue. >>> all-nippon airways says 40,000 seats reservations have been canceled for its regular flights linking japan and china amidst souring bilateral relations. >> translator: the cancellation of 40,000 seat bookings is definitely going to affect our business. we will use smaller aircraft for the time being, and shift our bigger planes to other routes. >> the cancellations are for flights on 17 routes from september to the end of november. ana's top executive said that demand from tourists will probably decline for awhile. he said that he would wait and see how the situation develops, suggesting that the airline will carefully consider whether to reduce or cancel flights. japan airlines, meanwhile, has dec

xinhua news agency reports he bears grave criminal responsibility. he says the judges showed him leniency in sentencing him to only 15 years in prison. they apparently took into consideration his cooperation with the murder investigation. the trial revealed a senior chongqing official slapped weng when he reported the 2011 murder of businessman neil haywood. sources close to the communist party say that official was likely bo xilai. china's leadership dismissed bo from the communist party after weng defected. observers are now waiting to find out how much bo knew about his wife's involvement in the murder and how the party will punish him. a court found gu kailai guilty last month of killing haywood and gave her a suspended death senten sentence. >>> a man who escaped through an extremely narrow opening in a south korean jail has been caught after several days on the run. local media say the man relied on yoga skills he acquired during his previous time in jail. the 50-year-old robbery suspect was held at a police station in a southern city. he escap

the state-run xinhua news agency is reporting the communist party will transfer bo's case to judicial authorities. he's accused of taking large bribes and abusing his power. bo was the highest ranking communist party official of the inland city of chongqing. he was expected to join the party's top brass this year, but a series of incidents led to his downfall. his former aid etemporarily pled to the u.s. consulate in february. officials cited bo for violating party discipline. they suspended him from the post he held in the political bureau. then in july, police charged bo's wife and her aide with murdering british businessman neil haywood. a chinese court handed her a suspended death sentence in august. bo's abuse of power allegation is tied to the role he played in the haywood case. >>> making a decision on bo's future frees up chinese leaders to focus on their transition of power. delegates from across the country will convene in beijing to attend november's congress. the meeting happens every five years. delegates to the 18th congress of the chinese communist party are expected to

reince priebus shot back "offensive than the obama campaign would use the xinhua to promote the campaign even democrats are upset about it. scott paul, executive director of the labor business partnership tweets as a democrat, i'm horrified that democrats would use xinha, official mouthpiece of bay shing regime to -- bay shing regime. >> bret: vladimir putin claims he's not the rugged adventureer he is made out to be. the photos with putin and animals were staged according to putin. for years critics mocked it showing putin with whales and tigers and everything in between saying it's soviet-style propaganda. turns out putin says he did it all to draw the public attention to conservation projects near to his heart. >>> finally, postmodernist rejoice. meta moment. in an effort to thwart vandals of speed cameras, officials are mounting cameras to watch those cameras. police say the speed cameras which they believe are necessary for public safety have been set on fire and shot and cost $30 to $100,000 a pop to replace. but now the question becomes what cameras will watch the cameras that wat

the official statement reported by the xinhua news agency read: "bo's behaviors have yielded serious consequences, badly undermined the reputation of the party and the country, created very negative impacts at home and abroad, and significantly damaged the cause of the party and the people." the statement went on to announce that the next communist party conference will convene november 8. >> and having settled this contentious issue, the party leadership is in a position to start the party congress with a facade of unity and also harmony and persuading the chinese public as well as foreign audiences that the party is united, and also ready to face the challenges. >> warner: coming just two days after the u.s. election, the congress will unveil the next generation of leaders, who will run china for the coming decade. xi jinping, currently vice president, is expected to become president as hu jintao steps down. prime minister wen jiabao plans to retire, too. likely to replace him is li keqiang, now vice premier. the change in leadership comes at a key juncture in china's meteoric rise

we have china announcing some infrastructure projects, but overnight, we had xinhua saying a massive program would be detriment detrimental. >> i think the copper market right now, china is obviously the key player. if we see definite quantitative easing and they buy the bonds, i think that pushes copper upwards towards the 390 level. it's going to be suggest to extra volatility. if we see europe continue to have problems, we don't cope with the fiscal cliff correctly, that will undermine the copper market and take it back and it will hover around the 360 to 365 area. >> i can't believe this is going to be the seventh news conference. i remember when these were brand new. april 2011. thanks so much. we'll see what happens later on this afternoon and one of my favorite tweets today, mike bergen, a fake bernanke quote. i put my pants on just like the rest of you, one leg at a time, except once my pants are on, i print money. well said. meantime, will the fed initiate another round of qe? find out today, 12:15 p.m. a slew of guests here on cnbc. 12:15 eastern time. 2:15 eastern, bernank