States biden prepares executive orders to undue a slew of orders and as President Trump challenges the vote. And Boris Johnson amongst the first to congratulate mr. Biden, while other leaders prepare to advance relations and biden prepares to name a covid19 task force as infections hit record daily levels while mark meadows tests positive joe biden has called for unity the win means that donald trump becomes the first one term president since george bush sr. In 1993. After four days of intense counting, biden was named the projected win winner in pennsylvania and nevada. He has so far claimed over 75 million votes, that is the most by any president ial candidate in history. Biden outlined the key issues his administration will face in the short term what is our mandate i believe it is this america has called upon us to marshal the forces of decency, of fairness and science and hope and the great battles of our time the battle to control the virus, the battle to build prosperity, the ba
Im melissa chan welcome to news asia thank you for joining us is the end of a long week with not just americans but everyone following the count in the United States democracy can be a messy process and a particular intricacies of u. S. Politics have played out spectacularly in asia the country with the most at stake is china given the 2 countries rocky yet close relationship so how is china viewed and responded to the events of this week we had only in the studio to tell us more hung on any official reaction from beijing yes beijing has said that the election is the u. S. Domestic affair and that it has no position on it and thats it thats it but is there any hint that beijing preferred one candidate over now. Other well i mean in the beginning chinese leaders probably preferred mr biden because you know because of mr trump the u. S. Sino relationship has plunged to the lowest point in decades but after seeing what miss what kind of chaos mr mr trump has caused in the us i think beiji
Have held a Memorial Ceremony for the victims. Germanys Health Minister says the Health Care System could be overwhelmed if the covert caseload is not brought under control and was speaking as germany top 20000 new infections for the 1st time the virus is hitting many european states even harder now than when it was 1st arriving here. A new somber record for germany the highest number of 1000 cases ever registered in the country germany is in its 1st week of a new partial lockdown restaurants bars and leisure activities are shut down travel for tourism is strongly discouraged while shops and schools are allowed to stay open. Germanys Health Minister yes spahn said the countrys Health Care System is not currently overwhelmed but hard times are ahead if the rise in cases isnt stopped. The situation is serious the number of people requiring support in intensive care units has doubled in the past 10 days from as of today our Health System is still coping but even the best system in the wor
Im melissa chan welcome to news asia thank you for joining us is the end of a long week with not just americans but everyone following the count in the United States democracy can be a messy process and the particularly intricacies of u. S. Politics have played out spectacularly in asia the country with the most at stake is china given the 2 countries rocky yet close relationship so how is china viewed and responded to the events of this week we have. In the studio to tell us more hung on any official reaction from beijing yes beijing has said that the election is the u. S. Domestic affair and that it has no position on it and thats it thats it but is there any hint that beijing preferred one key. Handed it over another well i mean in the beginning chinese leaders probably one preferred mr biden because you know because of mr trump the u. S. Sino relationship has plunged to the lowest point in decades but after seeing what from is what kind of chaos magick mr trump has caused in the us
Shanghai composite, 3 10 of an percent of the upside. Lets have a look at what is going on currency wise. This is the dollar index. Not that much changed. Bitcoin. Oves is down nearly 2 at the moment. [indiscernible] thetocurrency left to 18,000 level. Citigroup causing a stir with a 300,000 plus estimate with regards to bitcoin. U. S. Dollar index pretty much unchanged. Stasis as weoil in wait to see what is happening with some of these internal squabbles taking place with members of opec, mainly the uae. Mitchell with the first word headlines. Early south koreas trade data shows exports extending their recovery. The yearose 11 from earlier. South korea shipments received a boost from china and the u. S. Cap exports were up almost 22 . Singapore sees at the economy expanding by between four and 6 next year as it rebounds from the virus. Thirdquarter gdp shrunk by 5. 8 on the year and the estimate for contraction was revised to six to 6. 5 . The decline for the Third Quarter compared t