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guy: welcome to countdown . anna: welcome to monday s program. guy: will be spending a lot of china talking about xi jinping and his visit to london. at the moment, chinese gdp. gdp at 6.9%. that was enough to past on losses pass on losses in the asian equity markets, still in the negative territory. guy: it has been worse. 2009 was worse. the midst of the financial crisis. it s the shape of the curve that will unnerve people. one of the questions we are asking today, you can get in touch with us on twitter, what is the best way to measure chinese economic activity? measures out there set up for a previous year. guy: things like electricity consumption and things like that, is that still the most accurate guide? how do you measure services and china? how does it work? colleagues at bloomberg intelligence saying we need more data. we saw that the crash in the stock market, and some were suggesting services should have been weaker. guy: you can never have enough data. ....
cuttingabia will be contractor prices, delaying payments. we know that supply is at record highs. oil up by half a percentage point. let s get on to the stock move. deutsche bank s move. shire down 2%. having to resubmit what was meant to a set what was meant to be a sellout drug for them. they meet with the fda, pending a positive trial data. danone beating analysts estimates. deutsche bank may like the reshuffle. scale back on investment banking and become a more profitable institution. heads are going to roll. back to you. jonathan: we ll talk about that later. let s see how that china gdp figure is playing out in asian markets. david english is standing by. good morning, david. david: equity markets here are neither here or there. it is not too hot or cold. today, slowest paced since 2009. slowest case since 2009. since 2009.ace very mixed. most are down here it are down. china is closing up shop right now. we quickly raised early gains and now we are down .5% ....
he s confident in the success of ferrari s ipo as it is about to be priced at 48 to $52 a share. japan post shows the ipo at a top end of the price range in a listing that creates a combined value of $65 billion. all right. so here we go. less than 7% but you know what, 6.8, not bad. 6.9 was better than 6.8% forecast in the world s second largest economy. the weakest read we ve seen for chinese gdp in more than six years. you have to go back to the global financial crisis in 2009. however, a number of analysts and economists were forecasting 6.8, will. take the 6.9 and to the good with the bad. people surprised with the positivity there. overall, a series of down beat data has raised further support measures to prop up the economy. weak than than expected growth and fixed asset investment came in below forecast. retail sales, that was a bright spot rising slightly above expectations in september. let s get out to uneunice. she joins us live from beijing. reporte ....
hearing from ibm among others. one economic report the october national association of home builders survey this will give us a snapshot of construction heading into the winter after a strong summer for the industry. all the big stories we re watching. a top u.s. security firm reporting that china actually tried to hack at least seven american companies in the three weeks since that key meeting you ll remember between washington and beijing leaders from the two countries which it agreed not to spy on each other for commercial reasons. security firm crowd strike said its software detected and rebuffed these attacks. also, high profile of bribery allegations against walmart s mexican operation found little in the way of new major offenses. the wall street journal says the three-year on u.s. investigation likely to hand in a smaller case than expected. investors did say they found evidence of bribery in india as part of that same program. the retailer is said to likely ....
sanofi s cl has been removed. zeli, great to have you. this was rumored to have happen. there was a rumor that something was cooking. today they decided to fire him. how significant is this? someis is a company that analysts have said was not investable, chris viehbacher made it investable. putting aside their while yesterday, had relative to its market since the ceo came into place. a third-best. right.doing something i d never heard a complaint outside about chris viehbacher. the boardr from what has said and the media commentary and the press release that they did not get on. there were discussions that had not been cleared with the board, etc. what next? come out of this looking good? the board cannot come out of this looking good. it does not look great. they are going to say they ve been saying they re going to stick with the same strategies. a board is going to look for a ceo. one wasl say the last too much of a maverick, did the things without consulting ....