Say. She would have to Say Something fairly significant to see any sort of strong upside in the market in tomorrows session. We have sydney turning green. Up. 2 of 1 . We were a negative territory earlier. Those up a little bit of as crude prices continue to asian session. We do have some weakness coming from tokyo on account of the yen sitting at the one third handle. Shanghai has turned green now. About a quarter of 1 as the key clinical session wraps up in beijing. Out for the conference to see what the premier has to say about the reform. Overall rebalancing in the economy. We are seeing some downside in exports. 1 . By 7 10 of tameg a little bit of today after the bank of japan announcement yesterday. Today,g in parliament will not hesitate to end in all three forms should the economy desire it. They see room to add further into negative, maybe negative half percent. Watching players in china because we had comments coming through saying beijing has to do more to try to stabilize the Housing Market to cool down the major cities. Seeing astronomical prices. These are the biggest drivers when it comes to the australian session. Rishaad thank you, heidi. Donald trump big winner today. Five more states. Front runners projected to have both one three states so far. Washington Bureau Manager is watching in new york will stop what is the latest . What have we learned . A very good night for the front runners. Theary clinton is sweeping board so far with a couple still to be called. Night trump having a big except for the state of ohio. That is a problem for him, john kasich is gaining popularity and could keep this going longer than trump would want it to. Rishaad where does this leave ted cruz . We have not talked about him at all which means it is a very bad night for him. Some thought he might need trump in missouri, too close to call. Trump will probably take it there. Is 05 tonight. When you are ted cruz, you have to try harder. He is not part of the storyline tonight, that is a bad night for him. Rishaad nicu would argue he has been concentrating elsewhere for the next round will stop lead is not leave out the democrats. Bernie sanders determined to hang on. Really going to try to move Hillary Clintons agenda to the left . I think Bernie Sanders in vermont got into this to force hillary to talk about incoming inequality, free college, universal health care. Bernie is surprised at how he has done. He won michigan. Not as good tonight, but i think sanders believes every night he stays in as another night where his issues are at the forefront will stop there has been a Youth Movement pulling her toward sanders issues and that is what he wanted to accomplish. Of john kasich, we have Bernie Sanders saying they are going to take it all the way to the convention no matter what happens. A contested convention. We are still unclear how that would work out. 1267at it means, you need delegates to become the republican nominee. Also, if all raise their hands and say they want him to be candidate. If you goes in with fewer, on the first ballot there is no nominee and it is wide open after that. Negotiating, john kasich, ted cruz, could say maybe they could be a compromise candidate. Mitt romneys name comes up a lot. It would be chaotic. Time to cover, but donald trump once to make sure that does not happen because anything goes at that point. Rishaad he is talking in florida at the moment. Thank you. Trump as a country we did not win any more, they ask, is there anger from your people . They are not angry people, but they want to see the country properly run. They want to see borders and good health care, they want to see things taking care of. They want our military is in a bad state. They wanted to rebuilt. Very importantly, and they want the second amendment, by the way, protected and attempted strongly and that is going to happen. And you know what they want so badly . They want our veterans taken care of. Our veterans are treated so badly. , we started and something happened called paris. Paris was aned, and disaster. There have been many disasters, but it was paris and then we had a case in los angeles where was in california where 14 young people were killed. On. Oes on and on and what happened with me is this whole run took on a whole new meaning. Not just good trade dealers, i am going to make the good trade deals, the best you have seen. We have smart people in business and these people are going to be negotiating our deals and a are the best in the world, we have the best negotiators in the world. We are can have such good deals, where can i do so good with trade, were going to do good on the border. It took on new meaning. The meaning is simple. We need protection in our country. The poll numbers shot up. I am proud to be part of this. I think were going to go and we are going to do a lot of trips over the next month but i think were going to have a big victory and more importantly than anything else, were going to start when he. This country is going to start winning again. We do not win anymore. [applause] mr. Trump we do not win with our military. We cannot be isis. We are going to knock the hell out of them. We dont win at trade. China, everybody, japan, mexico, vietnam, india. Name the country, anybody we do business with beats us. We dont win at trade. We are going to win at trade. We are going to make our country rich again. We are going to make our country great again. To we need the rich in order make our country great, i am sorry to tell you. [applause] trump so, rishaad palm beach, florida there. Rubio, marco rubio suspended his campaign. Win. Of course, online to that is trump speaking in palm beach, florida. Lets get to the China NationalPeoples Congress today in beijing. Steve, what are we expecting . Steve it later on, the premier making his only News Conference of the year. Just guarantee you, listening to donald trump, and he mentioned china, i guarantee you the closing ceremony of the National Peoples congress is not going to be nearly as colorful as what is happening in the Election Campaign in the United States. This is a more buttondown the affair. The marching orders have been pretty clear. So the party line, keep your mouth shut when me foreign media asks you a question. Go about your business in this very Slower Growth and environment. There are challenges. They are not shying away from them but they are also trying to get more disciplined from the many delicates heading home to their provinces with their marching orders. No surprise, the headline so far from the closing ceremony is that the delegates at the National Peoples congress have plan. Ed the this is not a surprise. Many people call this a rubberstamp legislature. They got the work report as outlined by the leader on march 5 and today they pretty much gave it the stamp of approval that will take the economic blueprint through the year 2020. That means they are targeting 6. 5 percent gdp growth over the next five years. A range. They gave 6. 5 7 growth. This year they gave a range instead of a hard and fast target because it is uncertain. They need that 2. 7 growth in order to pull employment. They are planning to create some 10 Million Dollars 10 million new jobs this year. There are definite challenges and they are going to be talking starting at 10 30 the premier about how they are going to get some shortterm stimulus or growth targets while also and barking on while also embarking on painful reform. That is the challenge, breaking own big rishaad Technical Glitch there. Thanks, steve. Some other stories. Rishaad, negotiations in full swing in japan. Automakers coming out with decisions. Even a nine dollars month pay hike difficult to deliver. Dealing a heavy blow to economics which aims to stimulate economy by raising corporate wages. Pay hike isthe challenging. Global conditions harsh. Workers already relatively wellpaid and little inflation in japan. The union has asked for a 26 raise, smaller than the past two years. Hasan, on the other hand met their union request. Month, meeting request. Met for a little over nine dollars a month. Challenges remain for economics for the cycle of wage growth, higher consumption. Leading to Sustainable Growth is not working as well. Economists expect more of the same on wednesday, projecting other Japanese Company will offer slimmer raises than last year. And plunging in tokyo after foxconn delayed its rescue deal and questions about shops performance in the last quarter. Sharps performance in the last quarter. The board itter decision, foxconn said it would postpone finalizing the agreement until it can work through information it received. Rom sharp that included about ¥300 million and potential liabilities. Are attempting to mitigate those costs. Apple has taken a swing at the u. S. Justice department ahead of the Court Hearing over unlocking and the iphone used by a mass killer. The company reiterated its argument that congress should decide what Law Enforcement can do to enforce it. They are saying it is unreasonably burdensome demands, creating ordering apple to create security features that would in evidently and danger the privacy of millions of people. The twosided rhetoric has grown heated in the past two weeks. This is the last scheduled before a march 22 hearing when the judge ordered apple to help the fbi considered the company request to drop the order. Rishaad thank you. It has been all about the primaries. Five states in the frame. Find more on our website at bloomberg. Com. Makinger of we checked chat making waves. Coming up, the latest on the election. Including what could happen if donald trump wins the presidency. Rishaad lets get you back to the race for the white house. We have with is a fellow from the milliken institute. It is quite something. Is looking more and more certain to get the nomination but it is still wide open to some extent. Donald trump had a good night. What a great night for trump. But john kasich is holding out in ohio. It looks more and more like between trump and clinton. Rishaad all the stuff coming out of Donald Trumps mouth, what does it mean . I can sense and unease in the asia but also in the United States with some of my friends. Unease with what donald trump has said, understandably. We havestand in to understand that in every race, once they have the nomination they moved to the center. Unfoldsto see how it but the unease in asia, understandable. Rishaad what about all these trade dealers deals being unwound, like the ttp . I had the honor of serving under president obama and president bush. It is an accomplishment for both. The reality is the leading candidate, trump, sanders, clinton, ted cruz, they all came out against the deal. The reality is after many years of negotiation, we do need to move forward. Freer trade has been to the benefit of everyone in this region. Rishaad the only News Conference of the year we will go to in a few minutes. Wait to see what he has to say, but the reality is we do not have to wait. There was some news we already know about, increased flexibility in terms of Economic Growth targets for china. Right now they are talking about 6. 57 percent. It does give people the flexibility. One of the past problems, local governments try to meet that target of a single percentage point. Are they taking on debt . Are they hiding debt . That is the real challenge. It will be clarified with what is coming out of the National Peoples conference. Part of our message is the need for inclusive and Sustainable Capital markets. Chinas challenge remains that. I stepping back on some of the critical things they need, that is not a good thing for china in the long run. After the break, we will be looking at what is happening in china. They are exposing bad behavior on world Consumer Rights day. We will have more on that. Rishaad your back with trending business. The Prime Minister should be coming up and taking questions. That is the National Peoples congress. From theth curtis milliken institute, asia. He is talking about the npc. And thek market volatility of this year and last are in the forefront. An internal memo saying that stakeholders need to behave themselves. Out came the report that information had been leaked. What does that mean . In reality, markets go up and down. China cannot hold back the tide. Rishaad that is it, what do they do about it . Right now, challenge they are struggling to come up with ways. They know the answer. They need to really not focus on enterprises, but that is difficult. Need to reform the Financial Institutions that they have the and do that while they can grow. Pbc does have the firepower. Curtis absolutely. Weird way, between what is going on in china and the u. S. Is parallel. China says we are to continue to be winning. That . Ey achieve they cannot hold back the tide of progress and we have seen that in the capital markets. Rishaad one of the ways they can keep growing is because they have a physical side being dealt with and the monetary side. This is not something most Central Banks are finding. There are not finding that governments are providing them with the fiscal support. The primepan, under minister, they talked about this goal, monetary, and reform. That is missing in china. Reform, we are seeing that in china. All the they will do will not succeed as well as they hope. Strong youmeone all say this does not actually work for a central bank to do everything. Hurt us in deed. The answer to a countrys problem is not to be found in the central bank. They need to reform. The answer is not to be found in Monetary Policy alone. You cannot solve your shortterm problems with monetary solutions. We have seen that layout. Rishaad what will be the big news . Curtis flexibility. 6. 5 7 . Rishaad great to see you. Curtis chin from the milliken institute. Now we go to the capital of turkey closing out the lunch break and seeing reaction to that speech on the shanghai market. Rishaad a look at top stories. Hillary sweeping boards in todays democratic president ial primaries. A 6 lead over Bernie Sanders and illinois. Side, donald trump predicted to win three of five states including florida, the home state of marco rubio who will suspend his campaign. And john kasich wins his home state of ohio. Is and says iphone apple says iphone is beyond limits of government control. Government claim of helping other countries is completely untrue. This is the scene in beijing at the moment as communist leaders gather to take questions from journalists at the News Conference. Creatingready seeing questions and being asked about that. Government target of at least 6. 57 percent growth. All right, we should have a look at the markets. To whatd get a reaction investors are saying. We will go over to heidi. Heidi a reaction out of shanghai on the earlier gains. Couple minutes, up a quarter of 1 and now clinging on positive territory. Particular, some of these industrial and the mining sector. Companies facing the most severe overcapacity worried about how beijing is planning to balance strategies. Talking about potential structured bankruptcies. We will be watching for the stock market. Mixed actor. Gion a all eyes on janet yellen and what she has to say. We are not expecting anything dramatic after the u. S. Overnight. Not a lot of convictions in the et today but happy to new zealand over a potentially 13th day of gains. The most since october last year. Sydney falling back into negative territory. After the energy stock took a little bit of a beating. Take a look at property. Innly awaiting rhetoric beijing. Some concern about the severe divergence. The rest of the country, particularly in the big cities. That stock, the worst performer, one of the worst performers in the whole session. Press briefing at the end of the National Peoples conference. They have been talking for two weeks. We are now getting journalists asking the chinese premier questions. [speaking chinese] the recent volatility in markets have john close of international investors. Mr. Premier, what do you think of the major problems and china . Ging facing what are the plans for the future of strengthening finance shall regulation . Major reforms ofpted for the development stock, currency, and markets in china . Will the recent bulletin validity holdback chinas reform , involvement, and will be hong kong stock connect be launched this year . [speaking chinese] rishaad that is the chinese premier taking a question after the volatility we have seen in the first month. Asking what was to be done about it. What had to be reformed in order to start that happening in the future. Many miles away from that venue, also in beijing, steve having a look at what else we are expecting today. Steve . Steve these are the kind of questions the premier is going to get to as we saw kicking off the press conference from a foreign journalist asking a question that was obviously preapproved and vetted before hand and quite a broad question. He asked everything about currency, reform of the economy, he asked about even the hong kong connect and whether it would be launched this year. It is kind of a big softball up to the emir where he cannot basically read out his prepared statements on all those matters. There are a lot of challenges in the chinese community. Capacity needs to be whittled down and they need to meet the shortterm growth targets. This sure, between six point 57 growth and so far the have gots say we knocked 28 slow start. There are seasonal distortions because of the Lunar New Year output but industrial and exports down. The only thing that seems to be picking up as the Property Market where some prices in the tier one