this is the business briefing. i'm sally bundock. the world's two biggest economies head back to the negotiating table — but can the us and china stop their trade war from stepping u and when the daily grind gets too extreme — we look at how employers injapan are trying to bring about a better work—life balance. today the main markets in tokyo are closed for a public holiday. let us hope they are getting a rest today. elsewhere in asia you can see in mix daily. china's open for the first time in overa daily. china's open for the first time in over a week. the main markets in shanghai are slightly higher. let talks are more about those top—level us officials are heading to beijing this week for the latest round of us—china trade talks —

with less than three weeks to go until the march the first deadline for a deal. leading the us delegation will be trade representative robert lighthizer and treasury secretary steven mnuchin. mnuchin has acknowledged that a "wide range of issues" remains to be worked out. key among them are likely to be washington's claims of theft of american intellectual property and massive market distortions through subsidies and other measures. president trump said in his state of the union address that any new trade deal with china "must include real, structural change to end unfair trade practices". the news that mr trump doesn't plan to meet his chinese counterpart xi jinping before the deadline unsettled the global markets last week. without a deal, tariffs on $200 billion of chinese imports will rise from 10% to 25% on march 1. the un's trade agency has warned of huge costs if that happens. in a report the un estimates that east asian producers will be hardest hit, with a projected $160 billion contraction in the region's exports. there is a loss at stake.

that lot at stake. gregory perdon is co—chief investment officer at arbuthnot latham & co. good to see you. give us your expectations for this week. how far will we go, do you think? we are expecting just modest concessions. put yourself in the mindset of donald trump, a real estate investor. he will probably try to use some sort of urgency close to get some additional concessions. but realistically, between now and march one, i would realistically, between now and march one, iwould not realistically, between now and march one, i would not expect any major breakthroughs. in terms of the actual deadline, the threat of ta riffs actual deadline, the threat of tariffs going up from 10% to 25%, they may not necessarily happen, or it is not something that will automatically triggered on the first of march if there is no deal between

the two sides. the best case is the use that as a negotiating tactic and find a way to secure additional targets. that way they can in turn saved someplace and push the deadline out further. what would be the consequences if the tariffs were to be lifted to such agreed to ee, to be lifted to such agreed to agree, by 15% ——to such a great degree? an impact would be on the stock markets. we were probably see some selling in asia and additional selling in the united states. probably the us equities would outperform asian equities. one of the reasons why donald trump would be pushed to do source —— some sort of deal is that is quite sensitive to the valley of the stock markets. only a few weeks ago he was dropping the fact that the us stocks had returned significant value during his presidency —— the value of the stock markets. he also focuses on

the 401(k) plans in the state. said it will be meeting with the north korean leader on the 27th and 28th of february at the last couple of days before the much first deadline, also as well he has a re—election campaign, and is gearing upforthat is all ——he has had. that is very much on his mind. if there was a huge impact on the us economy and consumer because of tariffs going up by quite a margin, that is something he would consider, surely? don't forget that donald trump is very volatile and he price volatility. east ryde gisela fakie can be a tough negotiator. we need to weigh that up. won once that he was to demonstrate to be as they debate that he can, in turn, deliver and do tough talks. but on the other side he wants to deliver some degree of stability and stock market will preservation, so to speak. it is a balance. that is not like what we are expressing in china where the party needs to constantly put in

place harmony and stability, to a great —— degree, and on trump with that into question in conflict. thank you for coming in so early, gregory perdon. just to remind you, it is trade officials on both sides laying foundations for those talks that will continue later this week between more higher—level officials. we'll keep you up—to—date with anything hear. now let's brief you on some other business stories. the uk's international trade secretary, liam fox, is in switzerland today, where he will sign a trade continuation deal. trade between the two countries is worth more than $38 billion a year — and the new agreement will mean most goods will still be traded on the current terms following brexit. sports direct here in the uk has cancelled a bid for the collapsed cafe chain patisserie valerie — just two days after making an offer. the firm offered almost $20 million, but the financial times reports it was told by the administrator it would need to offer up to $2.5 million more. paris is suing airbnb for publishing illegal rental advertisements. the city's mayor made the comments in an interview with a local newspaper.

airbnb could face a fine of more than $14 million. under french law short term rental properties can only be let out for a maximum of 120 days a year. airbnb says the rules in paris are inefficient and disproportionate. people in china made 415 million domestic trips over the lunar new year holiday. it's a rise of more than 7% on the same time last year. domestic tourism over the week long period brought in $76 billion — according to official figures. work—life balance is an issue familiar to many of us — but injapan it is especially acute. overwork is a serious social problem — and some people even die of it — this is known as karoshi. mariko oi reports. it's the start of yet another

grinding day for the footsoldiers corporate japan. most commuting to work on packed peak hour trains. it's a work culture where the emphasis has long been on conformity, not individualism. many of these people will be making the return journey way past their office hours. for some, the stress gets too much. it's a uniquelyjapanese academic called karoshi, which literally means death from overwork. these were tweets of a 2a—year—old, five days after her last week she jumped to her death. she had only been at the advertising firm for

eight months. her mother has been campaigning to prevent a repeat of her daughter's tragedy. from heart attacks two strokes to depression, karoshi cases have been reported for decades. but these tweets left clear evidence of forcing companies to address the issue. her employer has been reforming the way it's employees work, including a new rule to turn off the office life at ten p.m.. the japanese government has also passed a new law to set a legal of 100 hours per month on overtime work. but critics say it doesn't go far enough to tackle the fundamental issues. they want harsher issues for

companies and managers who via loot —— violate the law. the country was fined less than $5,000 for causing her karoshi and none of her managers we re her karoshi and none of her managers were prosecuted. a very serious issue. we really appreciate is mariko telling that is richie day on business briefing. we ask if you're concerned —— comments on work—life balance. we are conscious that many people don't have a choice, they don't feel they have a choice, they don't feel they have a choice, they don't feel they have a balance, many feel they are working around the clockjust to get by. they do so much for sharing stories. we have a woman watching us injapan and she says i amjapanese and work part—time, what i still hear from people around and work part—time, what i still hearfrom people around me is the mindset that many workers still

have, they are feeling guilty about going home before their co—workers and about having a long vacation. i wonder what a long vacation is in japan. i know many people don't take long vacations by any means there. charles lloyd, a regular, thank you for getting in touch. "i have chosen a career i love, so don't think of my work as toil, rather a way of life. looking forward to this report. if i was doing some day did not enjoy i could see there would be a huge problem." we have heard from many of you as well. i can't mention of all. —— mention them all. maybe we will mention them later on. up next — newsbriefing — we'll take you through the stories making headlines in the global news media today. up to 86,000 women aged between 35

and 39 with a family history of breast cancer should receive annual mammograms, according to new research. a trial by the charity breast cancer now found that screening a younger age group detected small tumours early in comparison to the current nhs screening age of a0. here's our health correspondent dominic hughes. at present, breast cancer screening is offered to women from the age of 40 is offered to women from the age of a0 who are thought to be at a moderate or higher risk because of a significant family history of the illness. but the new research project that extended screening to at risk women from the age of 35 found there could be real benefits. more tumours were detected when they we re more tumours were detected when they were significantly smaller in size and before they reached the lymphatic system, which can spread the disease around the body. the earlier breast cancer is found the more treatable it is. and screening finds breast cancer at a really early stage before it can be seen or felt. and at that stage treatment is less invasive and is, with gabsa, is

more likely to be survivable. more people are surviving breast cancer than ever before, but it remains the biggest killer of women under 50 in england and wales. more than 920 under 50 is lost their lives to the disease in 2017. and it is the uk's most common cancer, with around 55,000 women and 350 men being diagnosed each year in the uk. the authors of the study warned that more analysis is needed on the risks, costs, and benefits associated with extending the screening programme. if it is made more widely available as many as 86,000 women in uk could be eligible, but that's likely to still be some years away. dominic hughes, news. more on that story and others at six o'clock. breakfast with louise minchin and dan walker. that is coming up at six o'clock. this is the briefing from bbc news.

the latest headlines: as mainly—kurdish forces clash with islamic state fighters in syria, america's top military commander says us troops will probably start withdrawing within weeks. a video is released appearing to show abdurehim heyit, a prominent uighur musician previously reported to have died in a chinese detention camp. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the financial times: it has theresa may's latest move to get backing for her brexit deal — offering concessions to labour and cross—party talks. on to hungarian newspaper blikk — it reports on the prime minister's boost for baby boomers, including cancelled debts and no tax for new mothers. trying to encourage people to have

more babies. news website axios has a second leak of donald trump's schedule. it comes as the white house tries to track down the mole. the president's defended his routine, saying he probably works harder than any president has. the times is among many looking at a study on perceptions of the rich. it says britons take a generous view of the super rich, whereas germans think they're selfish. and finally, to the sun here in the uk: "queen beats queen" is the headline as olivia colman wins for her portrayal of queen anne and rami malek for queen star freddie mercury. with me is fiona cincotta, senior market analyst at city index. let's begin with brexit. i don't

think i have said that word yet, thatis think i have said that word yet, that is quite amazing a5 minutes in to this hour. the financial times is talking about this letter, that theresa may has responded tojeremy corbyn, he wants to see if they will back a withdrawal agreement from the european union. tell us what these two sides are trained to negotiate. what we are seeing here is theresa may desperately trying to get backing for her deal, to push her brexit bill through parliament. she is obviously moving to labour, looking for support the labour, one of the things jeremy corbyn looking for support the labour, one of the thingsjeremy corbyn is after that theresa may has rejected is the