Ahead of estimates overall, werent we . Were just getting some it is not a good open. Details on these numbers. It was better than estimated on both of those counts. What we see, we just got a extent theng asia country by country breakdown lastff we saw that started market by market. There was a pretty big increase in exports to hong kong, more week. The s p 500 having its worst than 30 . Week in two years. Youll remember that was the you had a drop in the small caps place where a lot of the fake index. Over the weekend, some of the invoicing toomings last year. Middle eastern markets were absolutely hammered. Alleged to have taken place. Were going to be taking a we are seeing risk aversion closer look at these numbers continue across the region and looking at that more closely today. Today. South korea also saw a jump in japan is closed for a sports day. A lot of these indicators that imports. Chinas exports from south show you risk appetite, the korea also jumped. Were still trying to figure out whether there is a real up, gold is vix is increase in Global Demand, up as well. Domestic demand or these reflect some onetime issues that may or may not last in the were are on a threeweek high, coming months. What does this mean then for gaining have a point percent against the dollar last i the economy itself, the checked. Economic outlook and the extent that policymakers will look at being socked into and what they might use . Safe haven currencies. Well, if there is a real sign that external demand is an eightmonth low for the a x x helping support china and 200 asx 200. Domestic demand is coming back then thats clearly positive for g. D. P. Growth in china. It helps sustain growth at a taiwan is reopening right now. Time when a drop in the Property Market is hurting some parts of chinas economy. 2. 7 . Look at korea and taiwan, one it also means that theyre less group of stocks you want to likely to use any kind of major watch, chipmakers, semi stimulus to help the economy conductors. Right now. They just eased mortgage policy you had a morning of industry correction a warning of a little bit this weekend industry correction. Weeks. Continues tohina theyve been taking other measures like major loans to liquidity injections into the decline. Taiwan saw half 1 billion for an Portfolio Outflows last week. Banking system and if demand the holding up both globally malaysia just about flat. And domestically then the outlook is going to be better continued a continued and were less likely to see selloff across the region today. Some of those kinds of actions. Scott, thank you very much no indication that we will see a reversal over the next 30 ndeed for that. Scott lalland minutes. Thank you. Hong kong democracy protest scombroing us from beijing. Taking a germanic turn today well, indonesia is flying dramatic turn today. Carrier has given boeing a shot in the arm. Latest . The lets go to jakarta. I met the main protest. How much is this order worth . Heavy a headline number but often these carriers do get discounts that they dont this morning, there were scores reveal. Its a pretty impressive of people moving their ears. Number. 15 new jets worth almost 5 theyre moving barriers. They say they are moving them to regain government property. Billion u. S. Theyre eager to update their fleet. Releaset protesters to their currently operate 77 as roads so cards cant get through the earlier version. They claimed this new plane. So they say. Will be 14 more fuel efficient than todays most efficient this process has been pretty much the same as it has been many mornings. 23 ation of 737s and one of the prodemocracy lawmaker says he estimates about 1000 protesters are still out this morning. Ones. Than the former i have been calling for reinforcements, support. This is their commitment to offer the people of Indonesia Police say they are not trying to be move protesters, they and seethe asia the most efficient and sufficient air are just trying to move eric travel in the region. Yates. They plan to add up to 250 barricades. Aircraft by 2025 to effectively barriers andng double its fleet and lead demand in one of the worlds reinforcing the ones they have up. Fastest growing aviation the roads leading in and out of markets. But this crickets what they the financial district in hong kong. Said in september this year protesters are worried about the when he said there would be remaining barriers. Delays in the new aircraft as the company suffered big loss. , several different 211 million loss greater than roads going to this area. The loss reported for the same they are spread fairly thin. Period the year before. Back to you. Stick around. Were going to stay with in the midst of all of this, aviation. Airbus making deeper inroads g kong chief executive into china. The price 7 billion. Zero chance of beijing giving into the protesters demand. An aircraft finishing center in we hope to negotiate to the country. In less than 10 years, airbus has doubled its share in the market. Achieve universal suffrage in 2017, but if the precondition is showdown looming between cafe to have nor the basic law of chinas decision, the chance for pacific and its pilots this week. Negotiation is close to zero. This after the airlines latest. David tweed is with us now payoff was voted down. It seems like there is no end in 51 rejected the carriers sight. It does seem like things are changing. Increase. Pilots could disrupt Operations Police it looks like over the busy end of the year they could move forward and time frame. France has thrown down the remain the barricades remove gauntlet to its unhappy pilots, the barricades. Saying it will create another they are putting on their teargas masks. Carrier. Air france says the simpler theyre getting prepared for option would be to expand it violence. They said they will not employ but a new sub sidry thest a any violence. It looks as though they could easily be cleared away. Backup plan. The air strike is supposed to ave cost the airline more than it does look as if they could be cleared away. You really have to look forward and think, what have the hong 730 million. Now setting its sights on one kong students achieved . Of the great frontiers, mean. Nd they have achieved a lot measure. Myanmar. They have a global scale, people are looking at hong kong from all over the world. How much do we know about this of hongifies the people plan . We know very little. What we know is that yum brands kong. Everybody is now aware of this situation. Will tie up with a local lot ande achieved a company. Little else has been revealed but theres been massive they should probably, what speculation for at least a year ow that yum has been hiring in will happen is that they will stand down. But they will be a presence in the future when china is myanmar and thats not surprising. Global plans. Theyre eager to make inroads negotiating whatever it is they and get a share of the plan in will be negotiating. The markets thats easing she is getting some reaction economic controls and seeing from those protesters. Increasing wealth among its people. So much still to be tapped. One company thats succeeded is hello. Hailands mina food group. I am standing here with a it opened up. University professor. South koreas barbecue chicken he is a member of civic passion, chain has done the same and now a group which is resisting the operates in five locations. Theres many room for more intervention of the government. Players. Its estimated the restaurant themselves as market is worth Something Like more proactive. 3 billion. The growth expected to be police have been removing pretty fast. Barricades this morning. You can do business in what is your reaction . I think theyre trying to myanmar. It isnt easy. The lack of infrastructure a the bottom line of the huge problem there, isnt it . Youre right about that. Protesters. Actione trying to have the infrastructure for keeping foods frozen or refrigeratored is yet to be addressed effect in a way that is not only central. Ive efficiently. Police force trying to move out a lot still needs doing but thats not enough to deter their roadblocks and barricades. Companies which are keen to tap the main street has been into their growth story. Take a look at per capita removed. The situation is critical. G. D. P. It now stand at about 900, the lowest in Southeast Asia but theres a growing middle class and g. D. P. Will surel trickle down to higher purchasing power what preparations have you and a treys taste for made it police start moving in to move protesters from the foreign brands. Site . Haslinda, thank you very it is too complicated to much for that. Nd yum brands ambitions explain. The socalled there. Alliance, including the concerns about a chinese , and then of students slowdown a bit overcooked. Well discuss that after this occupy central, they tried to break. Negotiate with the government in a change for citizens plaza. The will give back one of main roads. It seems they are not in line with the alliance. To only way to success, we try to stay on the streets. What are your next steps . Are you just going to stay on the streets . Already, you have been here for the third week. Right now, we have to prepare for the worst. The Hong Kong Government, police force probably wont do the same ofion like the eighth september. Right now, what we are trying to we need to send a message to the people. We have more possibility to fight for the hong kong people. Thank you. He is a member of civic passion. They will stay on the streets as long as possible in order to get their demands possibly met by the government. They do not expect the police to try to remove them by force at this stage. David tweed is with us. This is on the move. Theyre waiting for the dialogue im Rishaad Salamat with a look to start. At the latest trailed data out theyve been waiting for two weeks. Is there any resolution in sight . Of china. First, a wrap of some of the there will not be any change stories were covering here. Its monday, october 13, and these are the top stories. To what china has already said police have been mobilized in will be the electoral process. Central hong kong, clearing barricades. Roads leading to the main protest sight site have been blocked off. As for the resolution, the k. Y. Tys chief executive resolution will be when the streets clear. It looks as if the police will be able to do that. Leung has again rejected calls for him to resign saying that i would think that today we will probably see the streets would solve nothing. Cleared. Or some of the streets cleared. If the precondition is to. Estrengthen traffic neglect the basic law of chinas decision, everyone knows that the chance for negotiation is close to zero. The i. M. Le s. And beijing agree that the deceleration in the worlds second largest economy is healthy and theres another thing to watch out for no need for further easing. After this has ended, what will the peoples bank of china says happen . China needs to maintain what it it is possible that in three calls pursue dent monetary months time, he will resign. That is what the rumor is at policy amidst steady growth and the moment. Mild inflation. It could easily happen. Increasing 15. 3 on last year, well. Not handled this benefiting from the u. S. Even from beijings point of recovery. Imports rebounded, up 7 view. Against projections of a he is not handled this entire situation well. Decline. The worlds second biggest at the moment, he cannot stand economy posted a trade surplus down. Of 31 billion. It is a facesaving move down those are the top stories. The line is what you are suggesting. From hong kong. Joining us in the studio is david, thank you very much. Their other headlines. Would you believe it . We have the imf saying there is no need to worry about chinas beijing. You have been through them slowing economy. Because theres a skew in them the deceleration is healthy and and that double counting can, of there is no need for further course, completely change the easing. Numbers. Yes, it could be new incentive for overreporting of exports but i think if we like at trade data in general, the numbers are a vivid reflection blackrocks chief executive of the current status of chinas warning of a liquidity crisis. Larry think saying the economy. Regulators need to focus on the exports continue to be a Bright Future structure of the markets spot as u. S. Economy recovers at with alternatives to bank dealers. A high pace. Imports beating exportation. Capital also prompted banks to if we look at quarterly growth, charge more for liquidity. Samsung saying it has developed 1. 4 , not very different from the Second Quarter growth of Wifi Technology that is 10 1. 2 on year. Suggesting still sluggish times faster. Domestic demand in the context hd videos to be streamed in of proper competition. But imports were also way realtime. Ahead of expected. The smartphone maker, we have that surely must be pointing seen a 60 drop in operating profit. Overall to a stronger consumer. We still have to see if this up. Is a onemonth uptick because the trade data has always been extending. Elf very, very fortified. We can see there how the last weeks selloff import data is volatile. Extending. August numbers down by 2. 4 . Yes. Thats why we tend to look at quarterly gross rate instead of monthly. Now, the question that everybody really wants to know is what does this mean for growth in the economy because it would naturally, you look at it thinking, well, it seems pretty robust. Looking ahead, there are increasing unusualness about the Global Growth. What about china growth is what im suggesting . I think exports may continue to contribute positively to chinas growth but the positive contribution may fade because the Global Growth forecast had been cut. And also domestically still weak demand. I think the positive contribution may not fully affect an active impact from the property construction. Lets look at the stock markets done well off the back of these prospects. The point is i. M. F. You mentioned is quite confident that this is a good thing that you have this moderating recovery story, moderating growth story. China is agreeing with them as well, which is almost a mission we not get 7. 5 growth this year. Yeah, that is quality of growth but also the government seems to have some bottom line of the growth rate and, of course, 7. 5 may not be bottom line but i think growth significant below 7. 5 is still not acceptable. What do they do . I think so far they tend to introduce socalled targeted policies. But with job markets still quite stable, theres no appetite they were saying, as you met their target for job growth this year already. Missthink there may likely the. 5 growth i mean the job the the job target, yes. The job target i think has already been reached but the job creation target has been artificially low relative to the actual creation for each year. Youre talking about them doing fiscal reform, monetary reform. Could easily be doing something the selloff continuing this on the monetary side in terms of morning. A lot of bullets in their gun, the economic slowdown may delay havent they . Real Interest Rates could also Interest Rate hikes. Be, Balance Sheet could be increased as well . Yes. So far it tends to use the socalled equality rating trying thank you for joining us. But start off with what is going to lower the financial cost of the real economy but only by on in hong kong. The protests continuing. Using the targeted measures such as targeted triple r cut and the police making a marked appearance. Central bank landing but we how much damage has this done think the Counter Cyclical them in your view, to hong kongs reputation has done, measures such as Interest Rate cut should not be excluded because we are now experiencing and your view, to hong kongs reputation . A cyclical downturn of the modest. Economy. But you said no quantity some of the complaints are symptoms of success. Using, call tate tive. What is the difference there . Too much money flowing into the qualityive using focuses on hong kong Property Market. This is not a city that has been extension of lick waty, money struggling. Supply and credit. In credit money supply and by global standards, hong kong credit as a present of g. D. P. Among the high of the highest remains very successful. In the world. And that causes an increase in those protests financial risk. Will damage the reputation too much. The central bank seems to be worried about substantial risks singapore sees that as an of quantitate tive using therefore i think the focus is to losing the financial cost of the real economy. Given what they have in their advantage. Armory as we have been talking we have seen differences between about, many people say its Property Side of things, the biggest threat to the chinese beijing and hong kong about how they see hong kongs future. Economy, because of that weaponry, they can manage it, we have seen a generational divide within hong kong. Cant they . What do you mean by that . Were not going to get a massive it is the 20 year gap. Crash, are we . The Property Market is second to the economy. The i. M. F. Estimated that 30 of the economys is influenced by the Property Market. The Young Hong Kongers will say so i think the current policy in the Property Market may not be that their hopes have been disappointed. Enough to contain the downside of the economy. Olderminant emotion among thank you very much for joining us from citigroup hong kongers israelis. Joining us to get direction there to the allimportant trade is relief. Numbers coming out of china, about 50 minutes ago, what alltalk about thereabouts. Up next we will be speaking with tradition reliance looking to the future by keeping it all this translated in to the hang in the family. Seng. Over in mumbai after this break. What is behind it all . Check, aust a gut correction before the bull market resumes . The news, the fundamental news is about europe. To europesybody up travails. It has been focused on the u. S. Labor market. That is about whether the u. S. Recovery will show up in inflation. People are reminded that the bigger economic question is the face of fate of europe, which has been quiet. It seems like the u. S. Is on a more even footing. Mario draghi has a difficult task. Initiated, that has been held back by this