global times, really important to say this is a state—controlled newspaper saying what it thinks about the protests that have been going on for more than five months. the editor by the way of global times, a state—controlled newspaper in china is one of the most hardline people in hong kong, he himself has called for live ammunition to be used in hong kong, so

global times, really important to say this is a state—controlled newspaper saying what it thinks about the protests that have been going on for more than five months. the editor by the way of global times, a state—controlled newspaper in china is one of the most hardline people in hong kong, he himself has called for live ammunition to be used in hong kong, so this story is saying the central government in china is sending a strong signal over ending violence in hong kong, they spend a lot of time talking about president xi jinping's comments which were on state television as well over the weekend in which he says this cannot go on, this violence and disorder has to be brought to an end. i was in china only last week, i came back on thursday evening. it is very clear that this is on the mind of the chinese, using a lot written about in china, a lot still saying that this is being fostered by outside forces, the united kingdom, the us staring up things in hong kong. one thing that i thought when i came backis thing that i thought when i came back is that more and more the chinese auth

times let's check out the u.s. futures as well. let's look at the markets. the euro slightly weaker against the dollar the dollar stronger against the yen. again, weaker against the pound. that conservative party manifest toe seems to have helped strengthen the resolve of currently traded in favor of the pound at the moment and the dollar very slightly stronger against the swiss franc. we had the interesting week where the dow and s&p both broke a three-day losing streak on friday but still ended the week down the nasdaq breaking that two-day losing streak on friday but also ended the week down after seven successive positive weeks. all three of those major indexes at this stage of the morning being called higher. and i mentioned the conservative party manifesto. both parties had their manifestos out in the uk over the last week, the major parties. they can compare all of the various policy promises with two weeks until election day labor wants to increase day to day spending around $80 billion pounds a lot will be

the global times later deleted that sweet. the hong kong government has come out and denounced that, saying the rumors concerning weekend curfew are totally unfounded. they will not impose a curfew at this current stage. i'm not saying the government does not want to do a curfew. i am more saying they probably have no means to actually enforce it. they already had the facemask ban. protesters have ignored that. having a curfew and enforcing it throughout the city of seven and a half million people would be very difficult. shery: we have seen growing international condemnation of the police in hong kong. could we see action from the u.s.? >> yes. marco rubio of the u.s. senate is saying they have expedited the process for voting on this, hong kong human rights and democracy act, which would require an annual review of hong as well as hold accountable with sanctions against individuals in hong kong and in china who congress determines impede the autonomy hong kong is supposed to enjoy under the basic law post the 1997 handover.

the global times, as you mentioned, this morning said they were close. but that kind of reporting has been out before. we have been close many times before. kristina: i liked your answer. we don't know. what about the fact that china separately announcing they will add tighter regulations when it comes to intellectual property rights which is often the unanswered problem in a lot of these trade deals? this seems to be kind of an olive branch. do you think so? >> i think it's a step in the right direction. it's in china's interests, toometoo. it's a win-win. china should enforce its intellectual property rules carefully. it issued more patents last year than any other country in the world. what we are asking of it is we ask them to move toward market economy, is actually in their interest. it will generate growth. let's hope we can achieve a deal. kristina: we have december 15th, that is just around the corner, and this could be something that would derail markets to a certain extent. we are seeing the dow right now up 168 points. it could hit a record cl

times journalist food go out bound and beaten in hong kong airport for his support of author. jr's home a probe aging lawmaker forming victims of a knife attack which could have ended far worse. amid rising arson looting and violence police are also upping the stakes that day is the 3rd time live rounds have been used by officers is another protester in critical condition an officer plowing his motorbike into a mass of people 2 of them reportedly injured thousands wounded in clashes it's almost a miracle the body count from the violence isn't higher some say the situation was predictable or claim it's of voidable the protesters that they simply out of options the truth could lie somewhere in between but as the protests reach a point of no return compromise seems to be the last priority for any side. well hong kong has been gripped by unrest since june and it was initially triggered by a bill allowing extradition to mainland china then in september hong kong's lead to carry lamb announced the bill would be suspended but that didn't stop the demonstrations which have since becom

times journalist fuko our mobs bound and beaten in hong kong airport for his support of author. jr's home a probe aging lawmaker falling victim to a knife attack which could have ended far worse amid rising arson looting and violence police are also upping the stakes live around. have been used by officers is another protester in critical condition an officer plowing his motorbike into a mass of people 2 of them reportedly injured thousands wounded in clashes it's almost a miracle the body count from the violence isn't higher some say the situation was predictable or thirty's claimants of voidable the protesters that they simply out of options the truth could lie somewhere in between but as the protests reach a point of no return compromise seems to be the last priority for any side. israel is facing the threat of economic demise that is if current demographic trends continue unchanged so says a think tank that claims it's the country's growing ultra-orthodox population that lies at the heart of the problem our middle east correspondent paula reports. israel's survival depends o

times also treated china in the u.s. are close to that it's one trade deal and china remains committed to continuing talks for a phase 2 or even a phase 3 deal with the us earlier today when asked about that trade deal chinese ministry of foreign affairs spokesperson reiterated china stands on a quality and mutual stance. regarding the china u.s. trade issue our stance is clear and consistent we hope the u.s. side will meet us halfway find a solution that is acceptable to both sides based on equality and mutual respect it serves the interests of both countries and the world. but the partial deal leaves the more controversial issues for later discussions this leaves us in beijing officials lawmakers and even trade experts doubting that a phase 2 deal will even be signed by next year a chinese official told reuters it's trump who wants to find these deals not us we can wait reuters also reported signing the phase one deal could slide into next year as beijing demands for removal of more tariffs beijing officials don't anti

the foreign editor at global times here's what he told a stream of about point a do nothing it serve the purpose of deterring the spread of misinformation by politicians in reality the big political players do not need to outwit find their voices they already have enough forwards who can make their dreams school viral organically and he sensational tweet by a big politician irrespective of the information powell is true or false it is most likely to find a police in the news so this week the tire idea that particular masses reach should be earned nothing but a questionable one so davey i'll give that one to you he says that this is not going to hurt the people that it's perhaps intended to target when you make about point well i mean i definitely agree with him when he talks about you know. just last week we had a very prominent person here in india who said that there was gold present in cow's milk and a lot of people were ready to make life changing financial decisions because of it so there is a genuine threat to society. and that and these are life altering decisions people are m

times journalist fuko our mobbed bound and beaten in hong kong airport for his support of war thora g.'s junior's home a probe aging lawmaker falling victim to a knife attack which could have ended far worse amid rising arson looting and violence police are also upping the stakes live rounds have been used by officers is another protester in critical condition an officer plowing his motorbike into a mass of people 2 of them reportedly injured thousands wounded in clashes it's almost a miracle the body count from the violence isn't higher some say the situation was predictable or thirty's claim it's avoidable the protesters that they simply out of options the truth could lie somewhere in between but as the protests reach a point of no return compromise seems to be the last priority for any side. well that's your roundup of some of the biggest stories from the past 7 days will be back here in around 30 minutes time with more c.n.n. . so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. very dramatic development only really. i don't see how.

times journalist fuko owl mobs bound and beaten in hong kong airport for his support of author. jr's home a probe aging lawmaker falling victim to a knife attack which could have ended far worse amid rising arson looting and violence police are also upping the stakes that day is the 3rd time live rounds have been used by officers at another protest in critical condition an officer plowing his motorbike into a mass of people 2 of them reportedly injured thousands wounded in clashes it's almost a miracle the body count from the violence isn't higher some say the situation was predictable or claim it's avoidable the protests. is that they simply out of options the truth could lie somewhere in between but as the protests reach a point of no return compromise seems to be the last priority for any side. tony mcadams is the executive director of the ron paul institute joins me on the line welcome daniel the pictures of a man being set on fire almost surreal and horrific and a very hard to believe that someone is capable of doing that and yet most of the stories that we actually hear he

the global times, the chinese newspaper, says in the roundtable, u.s. business leaders, former and current chinese officials as well as the american chamber of commerce. in that roundtable, the u.s. folks related there, said they didn't see enough benefit from a relationship, a trade relationship with china, as they should have. they pointed to the wto ascension or adding china to the wto. chinese officials in the roundtable, saying adding china to the wto helped the entire world. the roundtable also saying they're encouraged, this is according to the global times, encouraged by the talks that are happening now but chinese officials out of that roundtable say, that any trade agreement must have tariffs rolled back on both sides at the same time as these deals are being made. those chinese officials according to the global times, saying that the u.s. has not given a positive response to the chinese wanting that to happen. this is all predicated on the global times but a roundtable that apparently happened in china ending not too long ago. back to you, st

in the last couple of minutes, there was a tweet by the editor-in-chief of the global times, very close to china, saying based on what i know, out of respect for president trump, the u.s., and its people, the china is considering to put the act on the noe entry list. this is bloomberg. ♪ ♪ leigh-ann: this is bloomberg "surveillance." private equity firm apollo global management raised its offer for tech data 11%. the new price is $1.5 billion in cash. the move was prompted by a competing offer. tech data is a distributor of tech products. citigroup's new president is getting a 12.4 -- $12.5 million bonus. him.is looking to retain he will be awarded half in cash .nd half in stock both will be invested in annual installments over four years. that is the bloomberg business flash. with one we set down of the most decorated england players of all time. with a record 30 million pounds, played eddie one-times for his country, and he won six premier league titles. he is a brand ambassador for a -- we asked called how football will change in the next 10 years. >> the global situation is some

the global times was advocating the police use live rounds. there are hardline things in beijing and that creates concern if you just look at the chinese troop movements and some of the barricades over the weekend that troops are removing the barricades that led to the heightened tension there may be intervention by beijing. david: thank you so much to damian sassower. now we want to go to just schenkel men in london because hhenkelmen because we heard from jeremy corbyn about how he thinks he can close the gap with the tories. >> what we are offering is a trade deal with the european union that offers a credible leave option alongside remain and put that to a vote. above all, it is about empowering young people for the future with better trading, with apprenticeships, and an equal trading between apprenticeships and academic education. david: how far behind his jeremy corbyn and his labour party and will that catch him up? jess: boris johnson opened up a significant lead over the weekend. crucially, he said all the candidates running for elec

negotiators agreed to continue discussions towards a phase i agreement, but the global times says they differ on how much tariffs should be cut. blockbuster debut. alibaba stock jumps in its hong kong debut, the city's biggest listing this year. carrie lam does not make new concessions to protesters in her first comments after the local elections. glass more than half full. jerome powell strikes a positive message on the economy but reiterates the central bank is not on it preset course. data points, including consumer confidence today, will add to the debate. ♪ nejra: welcome to "bloomberg daybreak: europe." the market moves we have seen overnight in asia have certainly faded on that brief optimism in terms of the u.s. and china holding a phone call that we hear went well. they are continuing to talk about phase i. msci asia pacific index still integrate. hong kong underperforming -- still in the green. hong kong underperforming. gold unchanged. we saw all three u.s. benchmarks hit record highs in yesterday's sessions, s&p 500 index, dow jones, and nasdaq. futures not giving us a lo

but oil consuming nations as well at a time when global growth needs to be steadying but still is very fragile. neil: mark, always good catching up with you. mark luschini janney investment strategist out of pittsburgh. >>> "medicare for all" with no middle class tax hike at all. elizabeth warren's plan is set to cost $52 trillion over 10 years. they come to the figure, 21 trillion earmark over tex men years to include everybody is little deceiving. she said the middle class will not pay up one penny. that is technically not what she is proposing here. to "washington examiner" hugo girten, the money eventually runs out. with payroll taxes looks to me average folks will pay for a big chunk of this. what do you make of her plan? >> neil, it was halloween last night, it is appropriate we get a nightmare with phantom savings, et cetera. the of course the middle classes will be taxed more. in fact one of the things in the 20 million, $20 trillion extra taxes she proposes, 8.8 will be middle class taxes. you can argue whether those are a good idea or bad idea whether people like them or not

the global times newspaper earlier deleted a tweet where it reported the hong kong government was expected to announce a curfew. joining us now for more is the host of daybreak asia, shery ahn. you know the story so well. what are you watching? shery: what beijing can do next. the key question is what can they do if the violence keeps escalating? we have heard from xi jinping commenting during his trip in brazil, saying they will continue to firmly support the chief executive carrie lam. how long could they continue supporting carrie lam, whose popularity has plunged to the lowest among all chief executives in the past? they are also talking about punishing violent criminals. i would pay attention to the fact that they keep calling for what they call for these rioters to be punished. this coming on the back of the rumors that there could be a curfew this weekend. the hong kong government has said that those rumors are unfounded. david: do they have the police force necessary to handle the difficulties? shery: that has been a key issue because we have seen these protests which are different

roundtable officials according to the global times there may be big differences coming up with a trade deal in terms of tariffs you talked about. global times says china's precondition to the trade deal would like the trade tariffs rolled back simultaneously. but the negotiators from the u.s. have not given a positive sons to that our chinese trade sources said china wants tariffs rolled back as phases are completed. those sources are telling us u.s. offered to roll back some tariffs but keep majority in place until china meets milestones in the agreement. in addition to china, the white house focused on trade. there are a number about phone conversations going on today. the president, treasury secretary. seg tear of agriculture of white house economic advisors making a blitz of phone calls into local districts as well as local districts and interviews in local markets related to usmca. 70 interviews in all have been done. they are talking to local markets to put pressure on democrats inside of their house district. they did say that the usmca will create 176,000 jobs coming up. one de

this is the front page of the global times, which says "western interference in hong kong reaches a new low". this is a pro—beijing newspaper in hong kong called wen wei po. it says there was chaos at polling stations and suggests that some people voting were underage or not allowed to vote. let's bring in zhaoyin feng from pvc chinese, who is with us in washington. good to speak to you. —— pbc chinese. explain more about how this is being a splinter chinese people. the chinese media did report on the elections but conveniently left out details they did not report on the pro—democracy camp winning 60% of the vote, 90% of the seats, but the state media sagacity vote was rigged. they said voters were trying to disturb the order and voting stations, and they also point fingers at western forces at interfering in the elections. this includes a bbc interview with a former uk consulate staff and also australian media's part about the defective chinese spy. in the past month but we have seen chinese media report about the so—called it's how the majority in hong kong who would turn ou

it's a roll call of global time we focus is in on tech forum, sanjay me now, c.e.o. of micron technology. welcome to the show. good to see you. >> good to be here. thank you. >> do you a lot of business with huawei. want some clarity it, are can provide you on the first list to reengage with huawei? give me?te can you >> i can tell you that i'm here you know, and, certainly this is developing slowly. at this point i don't have any comment to share with you. >> have you had conversations would you describe having ersations you're with u.s. officials? very large global company. we're engaging in conversation governments around the globe. china isur business in certainly important to us, and as part of that -- say the you conversations are constructive? >> absolutely. >> okay. i was just reading a little bit more about what's on here in china, the state put in about $29 billion this country positioned. is that perhaps a bigger threat wars, e interim trade self-sufficiency for technology supremacy, being number one on agenda? > what i can tell is you the memory -- micron

charles: president trump economic club speech right there after tweet, 2:05, the global times which is the chinese media outlet, quite a lot of criticism and complaints about china from president trump in latest speech, hardly anything new. seems that this administration really believes a lie repeated a thousand times becomes a truth but didn't say in the tweet about no deal. right? there was nothing in the tweet, this is the source many times the market going much lower. >> these are the negotiating tactic that is we see on both sides, right, both sides want to get a deal accomplished, for the u.s. it's the ability to sell more agricultural products. for china it's going to go taking off those tariffs and i think they want to go that direction. charles: i do too. you are pretty bullish this year and heading to 2020? >> yeah, i think we have a lot of positive things to our advantage year-end. charles: you have been on the show in the past, you have been the calmer voices, optimistic voices, the audience appreciates it and so do i. hand it over to my colleague liz claman. >> that's righ

bullish for yen since last year at the same time we were bullish with global derision. in our current portfolio, we are short dollar-yen. shery: always great having you with us. coming up, the world's largest shipping companies seeing the impact of the trade wars. this is bloomberg. ♪ shery: this is daybreak asia. i am shery ahn in new york. paul: and i am paul allen in sydney. the world's top shipping companies are feeling the impact of the ongoing trade war, especially in the asia-pacific. ceo who admitted he is becoming less optimistic about growth. lot. has come down a we believe they will come in, when everything is said and done, at about 1.5% growth. everything is affected by the trade tensions, the impact that has on business sentiment and confidence. kind of impact? can you quantify the impact trade tensions are having on your company? >> we have been able to more demand byate low taking cost out, but obviously for the global economy, it's not good news that we are not growing any faster than we are. we will continue to be very and keep costs low. earningsnti

earlier, china's state owned "global times" newspaper deleted a tweet in which it reported that hong kong's government was expected to announce a curfew this weekend. more recently, we have headlines from premier xi that stopping the violence is the most urgent task right now. joining us from hong kong, karen leigh. the reaction to the latest jinping --aying xi sayings, xi jinping about the violence -- will try to more directly involved? karen: he addressed it tonight at the summit in brasilia. this is something we weren't necessarily anticipating. the content of what he said, i believe the first time his address to the hong kong unrest internationally, didn't discern from what china has been saying all along. behaviorhat criminal and hong kong was challenging the one country, two systems that guides hong kong is a chinese territory. he says he fully supports hong kong chief executive carrie lam, the government, the police, and the do sherry -- and the judiciary. about foreign interference in hong kong affairs, something china's foreign ministry says almost every week these days. rea

times says a phase one deal is, quote, very close. and then fold in all the m&a we have gotten announced, lvmh, tiffany, schwab, tv, novartis, ndco, you have a potent mix today. >> semi-conductors having a good morning, nvidia up 4.5%, applied materials up about 4 as well, but, i mean, that's not anything new, semis have been doing well for quite a while. >>> city regulators in london have announced uber has been stripped of its license to operate in the city as of today. uber has said it will appeal the decision it can continue to operate while it does appeal joining us now is former chair and ceo of the new york city taxi and limousine commission mere i can't joshi good morning. >> good morning. >> are you priced that london took this hard line or was the writing on the wall? >> they've been hinting at it for quite a while. they issued a probationary two-month license which had a series of safety concerns they outlined that they needed addressed. it wasn't, i don't think, a surprise particularly. i think what's important to undersco

so the global times says that china and the u.s. are very close to phase 1 of a trade deal chinese paper, which is run by the communist party's official people's daily, says that beijing remains committed to talks for phase 2 or even phase 3. reports last week said that completion of phase 1, which had been expected this month, could slide into next year as china seeks more tariff roll backs and the u.s. counters with its own demands. >>> speaking of politics, mie ball bloomberg is jumping into if race for president. he says he is uniquely positioned to defeat president trump. bloomberg will quickly follow with a mass ad campaign in key primary states. >>> overseas saudi aramco's top executives are taking their case for the ipo to investors across the middle east. reports say they met with investors in dubai yesterday after trying to secure demand from kuwait's sovereign wealth fund in recent weeks another road show is planned today in abu dhabi aramco may end up be the world's largest ipo and shares are expected to begin trading ea

information out of the roundtable according to the global times that china preferred in a trade deal to have simultaneous roll back of tariffs to have a trade deal and the u.s. has not had a positive response related to that. u.s. business leaders in the roundtable told the folks there that the u.s. has not seen a reasonable benefit from a trade relationship with china as it stands now. president donald trump says he wants to fix that trade relationship going forward. so far no phase one deal on paper here in the united states. the president trying to get that deal down. the administration hoped to have it finished by last weekend. president trump addressed this during his cabinet meeting. listen. >> china is going to have to make a deal i like, if they don't that's it, okay? i'm very happy with china right now. they're paying us billions and billions, we'll be over $100 billion in the not-too-distant future. china never gave us 10 cents. if we don't make a deal with china, i will raise tariffs even higher. reporter: raise even higher. december 15th expected 15% tariffs will be added

times which is essentially a propaganda mouthpiece here in beijing he's written a long article online saying that this court's overturning of the facemask bond encourages protesters to do bad things and attack place and it discourages the place and it's misleading the hong kong public in terms of where the power rests so again this is yet more softly softly rhetoric essentially from beijing saying we are in charge and if we want to get involved more we turned so very very interesting this but again i think the biggest thing to take out of all this again is the threat that this poses to one country 2 systems this idea that people in hong kong might have had that there courts had some both already over the little beijing is saying no no no no that's not how it works hong kong is very much still part of china andrew thank you very much for that andrew thomas live for is in beijing. let's turn our attention to news now and the u.s. has abandoned its longstanding position on israeli settlements in the occupied west bank saying it will no longer consider them illegal secretary of states mic

in this case china global times editor who put this out and said basically, you know, that there is hope and that they believe moving forward and both sides rolling back tariffs is going to be a sign of good faith. and it appears that that olive branch, whether it was offered by our side to them or them to us, was reported by them. that's why i'm saying people are reacting so fiercely to that news right now because it's still not a signature and it's only a phase one, scott. but nonetheless, that could be good for another 1.5, 2% to the upside. >> wells fargo still says sentiment's not turned bullish enough to force them to want to put money to work in the market. >> look, i mean, they're right in terms of confusion out there. because there is confusion out there. but markets go up when there's confusion. when market's convinced that -- >> the wall of worry. >> yeah. there's always a wall of worry for every market. so, look, i'm uncomfortably high with my position. it's the longest exposure i've had andin i really don't remembr when. i've been fortunate i've avoided in terms of the major

"the global times" had some extra detail on it. they said they may have spoken about tariff removals, agricultural purchases, and some kind of oversight as to how any trade agreement can be implement it. that is very important for the u.s. side of things in terms of how they want to enforce any agreement with china, and for the chinese side, removing paris is certain -- removing tariffs is certainly a red line for them. they are making the point that they are nudging towards some sort of consensus. they didn't give much more detail than that, but from here, the expectation will be how the o.s. response to this mo -- this mood music out of beijing. it feels like there's a lot at play for the coming weeks. alix: good point. think you very much. we stay in hong kong, where chief executive carrie lam isn't offering any new concessions after pro-democracy forces won a landslide in local elections. m: the priority for us now is to properly follow up on actions proposed, including community dialogue. after these five or six months, hong k

time of the time corporations repeat the same bad. sustainability very important it's accelerating the transition to sustainable tries board sustainability stay number man at a more equitable and sustainable well. they claim their production is completely hama's followed this need to. look. into this number. of companies want us to feel good about buying their products while the damage is being done far away and this is looking now at this point any minute i need money. since i moved in this new me doing 20 min and i'm stymied seem to be based on that one does.

this is according to the global times. if this is confirmed it could be the first curfew in the city that has seen protests now for five months. looking at live pictures of protests continuing for a fourth straight day. let's get the bloomberg business flash. annabelle: disney shares soared to a record after its new streaming platform attracted 10 million customers. disney + launched on tuesday in north america. fans have had months to preorder at a discounted rate. to analyst expected disney need much more time to read the level. it took hbo for years to hit the 10 million subscriber mark. the next ceo was mike henry. lead the chpborn marketing division in coal operations. having joined the company in 2003. it clears the way for a new executive to meet the challenge of slowing growth and demand in china. the source of -- the source of most of bhp's revenue. after of years of trial and droppingeing is robots. it plans to rely on skilled engineers to manually insert the product into the plane. boeing said the shift to human