'Old Economy' Still Driving China

China's growth in the third quarter was mainly driven by the so-called "old economy." The latest survey from the China beige book says the government's attempt to wean the country off manufacturing and resources may have stalled. Bloomberg's Malcolm Scott reports on "Daybreak Asia." (Source: Bloomberg)

Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
50:58 - Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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