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Business news live from singapore. 20 years since hong kongs hand over to china is its economy better or worse off . And it has been two decades since the Asian Financial crisis we look at the philippines and why it did better than its regional neighbours in riding out the turmoil. Good morning, asia. Hello, world. Thank you forjoining me for this friday edition of Asia Business report. Im rico hizon. As we told you on newsday this weekend marks 20 years since hong kong saw the end of British Colonial will. Chris patten was the last governor of hong kong, which is one of the major financial hu...

Chinas Immobiliengigant Evergrande droht der Kollaps. Anleger befürchten ein Beben mit möglichen Folgen für Bankensys...

Sliding rubl, but one of the key things is what happens to the russian companies because one effect of the western sanctions on russia is that these big companies whose bonds are found in many western mutual funds, those bonds can't be easily financed. the big question is how on earth are they going to pay back the dollar debts they owe, giving the rubl doesn't show rebounding to where it was six months ago. >> thank you so much from the ft council on fournl relations. sony studios cancels what it supposed to be the big release set for hollywood. you are watching "andrea mitchell reports" only...

His health care bill, which, now is four times the original projected cost are. you saying he is not responsible at all? >> no, i am saying he has put forth those programs to be sure. but the job prose grs program, e stimulus. it did work. >> it worked? >> yes, it did. >> it did? >> did it solve the problem? no it did not. we needed to do more program. we needed to deal with the overarching tax issues. we need to deal with long term deficit. those things are still out there. frankly a lot of the discussion >> we never had a president give consecutive trillion dollar debts. no president had a t...

Spending ways, while george bush was president. but barack obama can't go back four years later after running trillion dollar debts and keep pointing the finger at george w. bush. he can. i just don't think they're going to be many independent voters that say okay, you have four years and it's the guy who's been down in the dallas suburbs' fault, four years later. >> you talk to people who do focus groups this cycle and independent voters don't like that. they've moved on from that and their little trick play, the bank shot, to say what mitt romney will do is bring you back to what george bush...