i'm lewis vaughan jones with bbc world news. our top story: hollywood's biggest stars are attending the oscars, the 92nd academy awards ceremony. the film industry's biggest night of the year is taking place in los angeles. brad pitt has taken home the first major award of the night. he won the oscar for an actor in a supporting role, in the quentin tarantino film once upon a time in america. millions of people are preparing to return to work in china after an extended lunar new year break imposed in an effort to stop the spread of coronavirus — but many workplaces remain closed. and one of the most read stories on bbc.com: the transformation in ireland's political landscape by a surge in support for the left—wing republican party, sinn fein. that's all. stay with bbc world news.

there's more on our website, bbc.co.uk/news, and the news app. now on bbc news, live to singapore for asia business report. many factories remain shot across china as the death toll from the new coronavirus exceeds that of sars. and the singapore air show kicks off despite the lack of qualified pilots as the industry faces growing demand. welcome to this monday's asia business report. we begin with the coronavirus outbreak, because firms and factories in china are expected to get back to work this week after

an extended spring festival break, but across the country some factories will remain closed, including carmakers like toyota and honda, and what matters in china matters for the rest of us. the country alone accounts for some 39% of global growth, and china is the world's largest oil importer, so global consumption has fallen around 20% since the outbreak began, and the spread of the coronavirus could also affect the phase one trade deal the us and china worked out last month. we take a closer look at what happens when the world's factory shuts down because of an international health emergency. from iphones to t—shirts to even your medicine, china is the factory for the world. more than a third of the world's clothes and shoes are made there, so when factories shut

down and people stopped going to work, that has an effect on when the rest of us can get our stuff. looking for a new iphone or airports? almost half of apple's workshops and factories are in china, making speakers, screens, batteries, you name it. then there are cars and car parts. wuhan and the wider province are major manufacturing sectors for the auto sector. it's in lockdown. everyone from honda, nissan, peugeotand citron have operations there, and south korea's hyundai alter was the first to suspend production, and more will follow. medicines like penicillin and popular antibiotics are affected. indian drug firms that make them get a lot of key pharmaceutical ingredients from china. we are not running out of medicine yet, but the longer factories stay shut, the bigger the problem. how quickly they start producing again will depend on how

soon migrant workers, the backbone of china's economy, get back to work. the coronavirus is a reminder of how dependent we are on china and what happens when the world's factory shuts down because of a virus. earlier i asked andrew staples from the eiu for his assessment. last week we put out research suggesting oui’ week we put out research suggesting our baseline scenario is that the authorities in china managed to get control of the outbreak by the end of march, and if they do so then we think that will probably amount to something like a 0.5% cut to china's gdp this year, of course a lot of that happening this quarter and into the first half of this year in total. that's our baseline scenario, and that's a 50% probability. however, there are more challenging scenarios, where we actually don't

get a hold on the virus until, say, latejune, get a hold on the virus until, say, late june, which will get a hold on the virus until, say, latejune, which will have a much more damaging effect on china's economy and of course businesses operating in china and related to china. as you say, it is the world's second—largest economy, and economy already somewhat slammed by the trade war with the us. what impact is this going to have regionally and globally? china's position in the globally? china's position in the global economy is much bigger than i7 global economy is much bigger than 17 years ago when we had sars. that's grown year—on—year for the past few decades. if you look at the top ten trading partners for china, a lot of them are here within the region — singapore, taiwan, japan, south korea, vietnam — and then you have got the big trading partners of the united states and germany as well. all of these economies to a greater or lesser degree will feel the fallout from this crisis.

speaking of the coronavirus outbreak, amazon has become the latest major company to pull out of one of the world's largest tech shows, the mobile world congress in barcelona, which takes place in late february, because of the risk posed by the coronavirus. the organiser said the event, which attracts over 100,000 people, will go ahead, but admitted that other companies are considering whether to attend. south korea's lg electronics and others have already withdrawn from the conference. now to the controversy surrounding china's tech giant huawei. last month the uk continued to allow the firm to be used within 56 restrictions. the us has been pressuring the uk to block the firm and some us lawmakers are opposing the move too. the ambassador told

the move too. the ambassador told the andrew marr show they are conducting a witch—hunt. the andrew marr show they are conducting a witch-hunt. what they are doing is kind of a witch—hunt. number one, huawei is a private owned company, nothing to do with the chinese government. the only problem we have is they are a chinese company, and that's the problem. china is more open as we get back to the original argument since the reform, opening up. china has run a market or indeed economy — map market oriented economy. one third of the economy is private owned. the other third is foreign and joint venture, so huawei is an independent company, and they are the leaders in this area. china's ambassador to the uk speaking there. let's ta ke ambassador to the uk speaking there. let's take a look at the business diary this week. we have just got the january inflation data from china, and it's up 5.4% from a year

ago, which is much higher than expected. food prices in particular by over 20%. of course this is an important figure to watch because unusually consumer prices have been rising while the economy has been slowing down. 0f slowing down. of course the singapore airshow ta kes of course the singapore airshow takes off tomorrow. the event usually gathers the biggest names in aviation, but the coronavirus outbreak has prompted some companies to pull out of the exhibition. on thursday chinese tech giant alibaba reports its earnings for the quarter ending in december 2019, and on friday almost one month since the signing of the partial trade deal beijing will reduce tariffs on $75 billion worth of us products by half, including goods like soybeans and crude oil. let's talk about that so i just mentioned, because in recent years the airline industry has been soaring to new heights —— airshow.

particularly in south asia and india. but the problem is there are not enough commercial pilots, so how will airlines meet demand without compromising safety? this cadet is kicking her new career into gear as this cadet is kicking her new career into gearasa this cadet is kicking her new career into gear as a commercial pilot. the 23—year—old decided to abandon a career in the medical profession and follow her passion, but she initially had her doubts. follow her passion, but she initially had her doubtslj follow her passion, but she initially had her doubts. i thought that this male dominated industry was too hard on females, and most significantly, i am short, so i did not know if i could fly a plane or even not know if i could fly a plane or eve n ste p not know if i could fly a plane or even step on the rogers or the brakes. the asia-pacific region has seen a brakes. the asia-pacific region has seen a boom in air travel and first—time flyers, but the small pool of commercial pilots is not meeting demand. in fact boeing said globally airlines will need more than 800,000 new pilots in less than

20 years. roughly one third of those jobs will be in asia. aircraft like the airbus a321 on autopilot, normally the trip is smooth, but pilots will have to deal with the unexpected. that's why they spend hours ina unexpected. that's why they spend hours in a simulator like this one, to build up confidence and steer themselves out of trouble. on this test run i'm seeing how sharp my skills are at flying through a rainstorm in manila. majorairline manufacturers require 200 hours of flight manufacturers require 200 hours of flight time, but many want to change the rules. one instructor says the industry is moving towards a different type of license that only demands 70 hours of flight training to become a co—pilot. demands 70 hours of flight training to become a co-pilot. the technology is really driving up. we are now going to a level where flying is digital. but as the boeing 737's

fatal crashes demonstrated, pilots only have a split second to make a life or death decision. some a nalysts say life or death decision. some analysts say red flags were raised about training. being a pilot, 99.99% of the time, it's very routine, very boring and very stable, but you have this .001% of the time when you earn your money, and they have to be ready. until the hiring gut shrinks, pilots will face growing pressure to meet the industry's demands —— hiring gut. a quick look at those markets before we go. here in asia, they are all low, those nagging concerns about coronavirus continuing to hamper investor sentiment. that's it for the show. this is bbc news. the top stories this hour: at the 2020 oscars, brad pitt has taken home the first major award of the night,

winning for an actor in a supporting role in the quentin tarantino film ‘once upon a time in hollywood.‘ millions are supposed to go back to work in china after the extended lunar new year break, but many factories and workplaces remain closed. the political landscape in ireland has been transformed by a surge in support for the nationalist party, sinn fein, in the general election. emma vardy reports. radio: storm ciara lashed the country over the past few hours. as ireland took a battering from the weather, the established parties were rocked by a new storm. this breakthrough for sinn fein is unprecedented in the irish republic. once a much smaller player, now on a par with the two main parties who've dominated irish politics for a century. we need change, we need a new government. the best outcome is a government without fine gael and fianna fail so that's the first thing that i want to test. sinn fein's ultimate goal is to create a united ireland,

breaking northern ireland away from british rule. its historical links to the ira caused controversy during the campaign, but the party appealed to voters with radical left—wing policies on health, housing and pensions. the surge for sinn fein has changed the landscape of irish politics and it raises new questions for the uk about the likelihood of a border poll. but it's still unclear who will form the next government. leo varadkar‘s party, fine gael, and their opponents, fianna fail, had previously said they will not form an alliance with sinn fein. it seems that we have now a three—party system, three parties all getting roughly the same number of votes, roughly the same number of seats, and that's going to make forming a government quite difficult. ireland's economy is the fastest growing in europe, but the high cost of living means many voters are not feeling the benefits. i think they're sick of the last couple of years and that things just

haven't changed quick enough, hence the vote for sinn fein. a bit disappointing, really. sinn fein, not the kind of politics that a large number of people in ireland would favour. tonight counting continues, and tomorrow negotiations between the parties will be in full swing. ireland has reached an historic turning point, but with results so close, working out who will lead the country may take some time. emma vardy, bbc news, dublin. that's it from me. this is bbc news. now on bbc news, sport today. hello, i'm chetan pathak and this is sport today, live from the bbc sport centre. coming up on the programme: sensational scenes at the san siro as inter come from 2—0 down to win the milan derby. the youngest bowler to take a test hat—trick,

16—year—old naseem shah, makes history for pakistan. and a first european tour title for australia's min woo lee, whojoins his sister as a victorian open winner. welcome to the programme. thank you forjoining us. first to italy, where inter are the new serie a leaders after an incredible comeback in the milan derby. following juventus‘ shock defeat to verona, inter knew three points would take them top, but at half—time it was all going horribly wrong for them before a second half to remember. colm harrison reports. this pulsating milan davi was the classic game of two halves. the first dominated by the team and read and lack which were the visitors in the stadium they shared with their city rivals. milan was in front of minutes