Speech is due open a new session of parliament, as brexit deal talks continue. You can keep up to date with the latest developments on the bbc website, at bbc. Com news. Now on bbc news, live to singapore for Asia Business report. Trade war breakthrough. Donald trump says china has already started to buy more american agricultural goods after fridays partial deal. Cash for citizenship. But i want tos controversial new multi billion dollar booming industry. Vanuatus. It is monday, hope you had a great weekend, glad you could join us for another exciting addition of Asia Business report. I am rico his own. Lets begin with the trade war. This morning us President Donald Trump has been tweeting about the partial deal agreed on friday with chinas vice premier. Mist and trump said in that suite, beijing has already started to increase its purchases of american agricultural products. Mrtrump. He american agricultural products. Mr trump. He went on to reiterate washington has suspended its plan to raise tariffs on some chinese goods to 30 from tomorrow and that the agreement could be finalised and signed soon. Earlier, i wasjoined bya signed soon. Earlier, i wasjoined by a market strategic stand started by a market strategic stand started by asking her whether this was a first step to a bigger deal. Certainly i would say with regards to the situation that president trumps excitement is just the fact that we have this phase i deal coming through. I just that we have this phase i deal coming through. Ijust want that we have this phase i deal coming through. I just want to that we have this phase i deal coming through. Ijust want to point out, what he has tweeted, perhaps the official announcement of what has been achieved in phase one, both the us purchase of agricultural goods and at the same time the postponement of these tariffs, 25 to 30 , it really represents low hanging fruit for the market. It is expected to provide a bit of a shot of relief for the market, but i think in the longer term we are still going to wait for more. Evidently, if you look at the fact that december 15, the next landmark for the tariffs, is still on the table. But it seems like from what has been said, it looks like china made very few concessions, and one of them is buying a0 worth of us agricultural products. Do you think that mr trump made this concession because he wants relief for his farm state supporters ahead of the election next year . a0 billion worth of agricultural products. Election next year . a0 billion worth of agricultural productslj think worth of agricultural products. think that is the case. Both sides, the us and china, managed to garner a little bit of relief for those who are most hurting the economy for the us in the sense of the agricultural, the farmers themselves, and in chinas case, this time around, the supporters, certainly this percentage will not offset the damage for those who have really been involved in this 25 earlier. I would say it is a bit of a relief for the market but over the longer term, it represents. I think it is really something we have to wait and see. The concessions you have mentioned, i dont think it will come so mentioned, i dont think it will come so easily for both sides still. Facebooks libre currency has been dealt yet another blow. This comes asa dealt yet another blow. This comes as a report for the wells biggest economies have said the plan must not go ahead until the firm proves it is safe and secure. The study for the g7 group of nations warns that crypto currencies like libra pros that pose a risk to the Global Financial system. This comes just days after payment giants mastercard and lisa pulled out of the project, regulatory uncertainty. These are. The son of us president ial contenderjoe biden is to step down from the board of a chinese company. Hunter bidens lawyer said he will resign by the end of this month from the board of bhr Shanghai Equity Investment Fund management. The move comes Investment Fund management. The move co m es after Investment Fund management. The move comes after fierce attacks by president trump. Singapores economy grew less than expected in the Third Quarter but avoided slipping into a technical recession. Gdp, or gross domestic product, rose by 0. 6 during that period, compared with a 2. 796 during that period, compared with a 2. 7 contraction the previous quarter. Chinas president has issued a stern warning against dissent as protests continue in hong kong. Xijinping has had any attempt to divide china will end in crushed bodies and shuttered bones. Footage of the protest may appear to show chaotic scenes, but most activists are actually quite deliberate about the places they now attack. There are obvious targets like Mainland Companies such as the bank of china, which became targets for vandalism, but what about starbucks . Well, it might be an american brand, but it is operated by maxines caterers in hong kong, and it came under attack after the founders daughter criticised protesters. Stations along hong kongs Metro Transport system have repeatedly been attacked. In mid august it was actually criticised by Chinese State media for helping demonstrators escape. So it then started shutting stations. Now it is accused of helping the police to arrest protesters. Earlier, iwasjoined by Andrew Collier from 0riente capital research. He is based in hong kong but is currently in america, talking to the us federal reserve, and opposition to the ongoing protests. I started by asking him what he has been telling them. Basically, i tell them the rule of law is still intact in hong kong, and the Peoples Liberation army will not intervene. However, i do think china is trying to protect its assets in hong kong by removing some of the banking assets into shenzhen and other areas, because they know that Going Forward , areas, because they know that Going Forward, they will still not have terribly good control of the situation. 50 there terribly good control of the situation. So there is a very quiet behind the scenes policy going on. But hong kong is a Financial Centre. It isa but hong kong is a Financial Centre. It is a hub that attracts crucial global capital. But by moving a lot of the Financial Assets to shenzhen, oi of the Financial Assets to shenzhen, or maybe shanghai, doesnt china have to further liberalise its Financial System . Yes, thats absolutely true. However, a lot of the functions of hong kong can be done elsewhere. The global bond market, the us dollar china bonds, is about 950 billion. Those are done over the counter and those roadshows are done in london and new york and chicago. So a lot of the function can be elsewhere. Equities can be traded in many different places. The one area of concern is the neb. Places. The one area of concern is the neb. Remnibi. There are 60 billion of remnibi deposits in london, doubling from last year. There is a chance for other cities catch up. But it will be possible to replace a lot of the functions, but not all of them. Briefly, do you think eventually china will dump hong kong as the Financial Centre . They are not dumping hong kong. I heard that there was another pensions and that portrays hong kong asa pensions and that portrays hong kong as a suburb options and, a suburb of shenzen, which is about an hour over the border. There is clearly an intent to marginalise hong kong, which i think will happen over the next five years. The South Pacific island of vanuatu has discovered a booming new industry, one bringing in billions of dollars to its governments coffers. It is selling citizenship and vanuatu passports, mainly to mainland chinese buyers. Many countries have citizenship by investment programmes, but critics say vanuatu is leading a race to the bottom. A Tropical Island with low tax rates and cheap living. It could be yours. Vanuatu citizenship is available for 155,000. You dont even have to set foot on the islands to get it. So whos buying . They come from all walks of life, mostly people who are reputable. A vanuatu passport offers these travel throughout europe. It is proving popular, especially with applicants from china, and for vanuatus government, selling citizenship has become a valuable source of revenue. Citizenship has become a valuable source of revenue. We are citizenship has become a valuable source of revenue. We are looking right now at levels of income that are leaping from one year to the next, and increasing well, sometimes doubling the financial projections that are made for each year. So the concern of courses that with passage of time, but less care will be taken in the processing of these passports, in order to increase the amount of government revenue that we have. The government introduced the scheme after a devastating cyclone four years ago, but there is little evidence the money is being spent on rebuilding. In this village, just ten minutes drive from the capital, port vila, locals are asking whether money is. Some small money, a couple of communities. This woman says her Community Wants the government to provide a running tap so that children can have a shower and drink clea n children can have a shower and drink clean and safe water. I live here andi clean and safe water. I live here and i believe this hour, as a free, independent woman. As, you know, living in this independent state. And having somebody that comes into buy a vanuatu passport, the same green passport that i have, this is devaluing, demoralising. Green passport that i have, this is devaluing, demoralisingm green passport that i have, this is devaluing, demoralising. It is unclear how sustainable vanuatus Citizenship Programme will be, given the widespread opposition among native vanuatuans. People here want to see a strong economy, but one brought through tourism and more tangible exports. At the very least, people want to see the benefit of passport sales shared among the many, not just be passport sales shared among the many, notjust be few. Lets have a quick look at the asia markets and how they are faring at this hour. Japan is closed today due toa this hour. Japan is closed today due to a public holiday. The all 0rdinaries has opened for trading in sydney, up by 0. 8 . This is after us stocks rose on friday. But came on reports of limited deal between the us and china. Thank you for investing your time on us. Im rico his own. Sport today is coming up next. Rico hizon. This is bbc news. The top stories this hour syrias 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 youre fed up hearing about it, youre not alone. New research by yougov suggests that almost half the country thinks its 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 about morals, and morality, is a disgrace 0n the streets, on social media, the debate has at times got out of hand. Now the first case has been confirmed of a man suffering a psychotic episode triggered by brexit. 0ne psychotherapist has seen a rise in patients. People get physical symptoms of nausea, headaches, people who had previous illnesses get flareups of those illnesses. We have seen quite a few people who have suicidal ideas. New polling suggests a0 of britons have had their Mental Health affected by brexit, and a5 of londoners. Im really quite concerned. It wasnt something i had voted for or hoped for. I dont Pay Attention to that. Just too much effort. Just sort of looking forward to it being over, however that happens. Good luck with that. Deal or no deal in the coming weeks, the uks future relationship with the eu will take years to sort out. This isnt going to disappear. This is part of our daily lives. If you hear people say, oh, brexit will be gone if we leave 31, or even if we have another referendum and it is remain we can get rid of issue, thats nonsense. The man who got seriously ill did make a full recovery. He said he was in an area dominated by an opinion different to his own, something people on both sides of the issue are having to come to terms with. The actor stephen moore, known to millions as kevin the teenagers dad, has died aged 81. Mr moore also starred as the voice of marvin the paranoid android in hitchhikers guide to the galaxy, as well as roles in films including brassed off. Now on bbc news, sport today. Hello. Youre watching sport today live from the bbc sport centre. Im ben croucher. With a programme full of record breakers including japan who become the first asian side to reach the quarter finals at a Rugby World Cup. Well show you how Bridget Kosgei became the fastest women to ever run a marathon. And the records tumble as fast as a simone biles floor routine as the american become the most decorated gymanst at the world championships. Welcome to the programme. 2a hours ago, japan was being battered by one of the worst typhoons in a generation and we didnt even know if their final Rugby World Cup game aganst scotland would go ahead. Well go ahead it did and they produced a memorable victory that their coach said was motivated by all those affected by the storm. It finished 28 21 in yokohama and its where our correspondent