this is business briefing. i'm sally bundock. let's talk you through the business headlines. france's emmanuel macron arrives in china, but can he forge stronger ties between the eu and the world's second biggest economy? and watch out, tesla — we get an exclusive hands—on look at an electric car designed by former staff at bmw and apple. and on the markets: they start a brand—new trading week in asia. most markets are high. japan closed today for a public holiday. we will tell you in a minute all you need to know. it isa

it is a packed programme. also, millions more cars are recalled overfaulty airbags — we'll have all the details. the french president, emmanuel macron, is on a state visit to china, focusing on improving economic ties. the two countries are important partners for each other. in 2016, bilateral trade was worth more than $68 billion and it's growing all the time. but it's massively skewed in china's favour. a familiar tale. they have a $33.3 billion surplus with france, so president macron is likely to seek better access for exports of beef and wine, as well as access to financial markets. for china, better ties with france offer more opportunties to export goods to the entire european union. in 2016, those exports totalled $415.9 billion. a very important relationship. as both sides look to build on that, it's expected that a franco—chinese investment fund worth around $1.2 billion will be announced.

with me is gilles moec, chief european economist at bank of america merrill lynch. nice to see you. what do you think will be the key headlines coming out of this trip between these two leaders? some sort of convergence on the need to maintain globalisation. emmanuel macron was elected on the champion of globalisation. he said he is the free trade, but he is not for na ivete. free trade, but he is not for naivete. he will try to balance the tone and try to send the message that france is open for business and wa nt to that france is open for business and want to sell more to china, is happy about chinese companies coming to france but he wants to maintain control over interest and and compensation, also wants china to use their own rules on foreign investment. how far will they get without

particular issue, the foreign investment rules? that is what many countries and companies want to see. at the moment, there is probably nothing to concrete that will come out because there is a european process at the moment. france has actually tried to convince it partners to grant the european commission more power to control the investment and it is an ongoing process that we had to wait for the result of that and china is unlikely to move their very fast before they know the result of the european process. at the same time as you said, some announcements will be made on thisjoint said, some announcements will be made on this joint investment fund for the $1.2 billion is not going to change the face of the earth, but we are seeing as a token of goodwill on both sides. the us is ambivalent to say the least on globalisation, we have on the french side and the chinese side, at least a convergence on the rand project, the idea that free trade still needs to be pursued.

and also, emmanuel macron‘s vision is very different. it is his first trip since he was elected at germany is extremely busy with its own domestic affairs. the uk is leaving. when it comes to the european voice as it were, he is it right now. he has two remember, i don't know who to phone in europe. at the moment it seems a person holding the phone is actually emmanuel macron. he hasjust been phone is actually emmanuel macron. he has just been elected as you say, he is otherwise engaged. at the moment, for this sort of reason, emmanuel macron can properly be seen by china as speaking for the eu and his public on to use it as much as he can. i'm sure he will. we will keep a very close eye. thank you so much for your time is a early on this monday morning. we will keep track of that visit. let stay in that part of that visit. let stay in that part of the world. the japanese firm takata has had to recall millions of additional cars over faulty airbags.

it would seem the situation is not improving at all. sharanjit leyl is in singapore. nice to see you. there seems to be no end in sight to the story. that's right. it keeps on going. a sickly the latest twist in the plot is that they have recalled another 3.3 million faulty airbags in what has become the largest auto—parts recorded history. it is all part of the us audit scheduling the pears of the us audit scheduling the pears of the potentially deadly devices over several years. paperwork filed in the us at the national highway traffic safety administration over the weekend found that the latest recall is concerned frontal airbags fitted to vehicles that were made in 2009, 2010 and 2013. it is affecting some 15 car makers ranging from honda, toyota, audi, bmw and others. us car owners can visit the nhtsa website to check if they are

vehicle is under recall. they say they will work with the companies affected to try to remedy the situation and they are urging consumers to get their airbags replaced, defending of —— defective inflated can explode in a crash, spray vehicle occupants with metal shards and parts have been linked to at least 18 deaths and 180 injuries around the world. thanks for the latest on that. let's stay with cars. a new car designed by former bmw and apple employees has been unveiled ahead of the consumer electronics show in las vegas. called the byton, it sports a huge touchscreen dashboard, as dave lee reports. the vision is we want to be the

company bringing into the market the first real smart car. we wa nt we want to try and merge real—life outside the car with your experience in the car. everything will be controlled, via touch. certain aspects will be controlled via voice and also very novel to us is control. the key is about customisation. when you are in drive mode, we will actually disable certain features. you won't be able to watch videos

for instance. we want to build a platform where when there is someone driving, or occupants including the driver have the ability to interact. some of the most exciting features are going to be disabled until we live in a world of woolly autonomous driving. so perhaps think of this vehicle at reaching the gap between oui’ vehicle at reaching the gap between ourdumb driving vehicle at reaching the gap between our dumb driving past and our smart driving future. if you plan to get around by a train this week in the uk, you will find it pretty tough. we have commuters facing three days of disruption. staff at five train companies begin strikes over what they say is rail safety. rmt members at northern, merseyrail, south western and greater anglia will strike monday, wednesday and friday. while union members at southern will also stage a 24—hour walkout today. germany's powerful metalworkers union is calling for mass strikes over pay and working hours from today. europe's largest trade union, ig metall, expects up to 700,000 workers will take part.

it represents workers from siemens, thyssenkrupp, steel making and the auto industry. the accountancy firm kpmg has quit its advisor role on the grenfell inquiry here in the uk. campaigners had called its appointment to be reversed, saying the firm had failed to disclose a conflict of interest. kpmg is the auditor of three firms under scrutiny by the inquiry into the blaze, which killed 71 people last year. and now, what's trending in the business news this morning. the wall streetjournal reports an activist investor and pension fund are urging apple to be more socially responsible. they're telling the tech giant it needs to address mobile phone addiction among young people. britain is pushing to be part of the european medicines agency following brexit — that's according to the ft,

which says three government figures say the uk hopes to be regulated by the agency, even as it moves from london to amsterdam. the new york times says intel will face scrutiny at the consumer electronics show in las vegas this week. it's all over those two chip vulnerabilities, dubbed meltdown and spectre. that is look at financial markets really quickly. you have a record close on wall street friday so that loads well for a good day on monday. hong kong bucking the trend. all the other markets in asia are higher. japan closed though for a public holiday. i will see you in a minute. the news briefing in a moment.

new measures to tackle the sale of unsafe laser pointers, which can cause blindness, have been announced by the government. it comes after an increase in incidents involving passenger aircraft and train drivers. the new powers would include increased checks at borders to prevent them entering the country, as daniela relph reports. dangerous and reckless. misuse of lasers have been increasing. cheaper than they've ever been and more easily available, the government is 110w easily available, the government is now bringing in new measures to limit their use. two years ago, this virgin atlantic airbus was forced to return to the run way at heathrow. shortly after takeoff on one of the pilots contacted air traffic control and said his colleague was experiencing difficulties. since 2013, there have been 150

incidence of eye injuries from lasers. the majority of those heard will children. the figures show the scale of the problem. there were 1258 lays incidents reported in 2016. heathrow airport is the most frequent target. and even on the rail network, there have been 578 lays incidents over recent years. the new measures will include increased checks from teams at ports and borders and improved labelling by manufacturers to make it clear just how damaging to either a laser can be. there will also be better policing at the sale of laser pointers, particularly with online retailers like ebay. coming up at six o'clock on breakfast — dan walker and louise minchin will have all the day's news, business and sport. including the latest on to may's cabinet reshuffle due to be

announced later this morning. tune infor announced later this morning. tune in for the news. you are with the briefing. here are the headlines. the golden globes have taken place in los angeles with most of the hollywood stars dressed in black in solidarity with victims of sexual harassment and assault. a senior bbcjournalist stands down, accusing the broadcaster of a ‘secretive and illegal‘ pay culture. reports from syria say the army have ended a siege at a military base outside the capital damascus. france's emmanuel macron arrives in china — in a bid to forge stronger economic ties between the eu and the world's second biggest economy. now it is time look at the stories that are making the headlines in media across the world. we begin with buzzfeed. they were first to publish bbc journalist carrie gracie‘s resignation letter.

she quit her role as china editor over equal pay, saying management are breaking the law. the la times covers the golden globes. stars wore black at the event to take a stand against sexual harassment — it's the first big award ceremony since the scandal broke. let's turn to the washington post now. it's one of many papers covering steve bannon clarifying this quotes in a new book about the trump presidency. the paper says he's apologised but the white house is still furious. die welt looks at germany's election crisis. it reports the two sides that could form a coalition to rule are growing in confidence with each other, and says it's good news for angela merkel who lost her majority in september and has been locked in a stalemate since.

and the daily telegraph reports on video refereeing coming to football. a trial starts in the english fa cup tonight. recordings can be used to see if the officials on the pitch have made a mistake. what will happen in the pub afterwards ? with me isjonathan charles, managing temperature of communications at the european bank for reconstruction reconstruction and development. you carry quite well and you know her work really well. what is your take? this is