Bright spots. Exports declined less than domestic but weak demand continues to bite. Joining us from hong kong is in karenrrent is in the is enda curran. Is pickingps demand up, and might put a floor on the economy into year end. There was a weaker import, and that underlines that the domestic demand is still weak. We know that new orders of the official manufacturing pmi remain weak as well come us adjusting that bottoming out still has a little bit to go before we can fully call it stabilization in chinas economy. The trade numbers were ok. There were certainly some optimism, but the big picture remains whether the government can push ahead and reach this phase i agreement theyve been talking about. Alix speaking of, the conversation has been to digitally that the phase i deal will happen in a rollback. The ministry of commerce spokesman in china saying that there have been serious discussions, and agreed to remove the tariffs in phases as progress is made on the agreement. What is t
Dubai to london. In hongg, and the kong, a Record Number of candidates cast their ballots. Bloomberg spoke to the said Party Founding leader to get her take away from the election. Now the ball is in the governments court, and really have to respond to the five demands with an independent inquiry into recent events. Theres also the demand of universal suffrage. The government at least has to say that they are listening. Alix for more, bloombergs yvonne man. Joins us now. How does this affect what is happening on the streets . Yvonne all eyes will be on chief executive carrie lam as she speaks Tuesday Morning to reporters here in hong kong. She has delivered a lot of these press conferences before under increasing pressure. Before, that pressure has translated into a democratic exercise. 2. 9 Million People showed up to cast their ballots, a record turnout of 71 . It was a landslide victory for the prodemocracy camp. These district elections are pretty low level. These counselors dont h
Moving news from around the world, from hong kong to new york to d. C. We start off with the latest in trade. Larry kudlow im a white house Economic Advisor, signaled the u. S. And china are close to signing phase one. We are coming down to the short strokes. We are in communication with them every single day right now. Joining me on the phone from hong kong is enda curran. Does china agree with this assessment . Musiccertainly, the mood from both sides now is that they are on track to reach some kind of agreement. Mr. Kudlows comments came only a day after china agreed yesterday to lift a ban on poultry imports from the u. S. They started to buy u. S. Farm produce again last month. Clearly some things are coming together, but there are outstanding issues. We still dont know where either side are on tariff removal. That is something of a redline on the chinese side. There are still other areas, like ip protection and the like. Still dont know when any agreement will be signed. Separate
Witnesses in their pretend inquiry upon which they dream of impeaching the president of the United States. It doesnt get much more fanciful than that. For example, todays transcripts of ambassador William Taylors testimony in one of adam schiffs secret hearings. The transcripts show taylor said he believed the president wanted them to investigate burisma. But he said that was the result of a report in the New York Times. Not because of anything he observed or communication he had with the president or state department officials. For the latest on the impeachment press we turn to chief white house correspondent, john roberts. Reporter the latest transcript to be released, ambassador bill day loesch who says he believes there was a quid pro quo, that aid to ukraine was tied to an investigation. I observe thanked in order to move forward on the security assistance, the ukrainians were told by ambassador sondland that they had to pursue these investigations. But what taylor heard was all b
Down by about six basis points. Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to taipei, from london to new york and washington. Our bloomberg voices are on the ground with todays top stories. In hong kong, a Third Straight day of protests this rep to traffic across the city and shut down Public Schools for the first time. Chinese state media warned of consequences if the violence continues. Going to me on the phone from hong kong is karen leigh. Give us a sense of what is happening there. Karen i feel like i say this every time i talk to you now, but there is a bit of a new dimension here today. Schools were suspended for the first time during these protests. They will not be in session tomorrow. Some universities canceling classes for the month or even the semester. People start to realize that maybe this violence is going to go on longer than just these few days. We saw carrie lam say yesterday she wasnt going to