in syria moscow says it has found no evidence of an attack this after u.s. president trump threatened an imminent military strike against syria over the incident. now king city is supposed to be the future of urban living in saudi arabia but what is behind the shiny facade column for us that coming right up in business. books. which of british. links to news from africa the world or link to it simply news stories and discussions from own use it is easy to our website to debbie to come smart to come join us on facebook. for. the t.w. truth diversity. where the world of science is at home in many languages.

on the football program we go on believe me show you that you care so let's cut our innovations magazine for any. of us from every week and look into the future w. dot com science and research shows. there's. going to be a. china is open to foreign investors that strong big present she's law in at least down debt a key economic summit it appears he's sticking to it but will his actions much choose was also coming up in the u.s. justice department has given the final green light to the buyout warm sun so much of that foam is still fear among awfully rocketing seed prices and a threat to all food security. and they call it the king's city it's being billed as the future of a. albon living in saudi arabia but is there any soul behind not flawless.

this is your business update on helen on free in ballin good to have you with us more openness from the walls second largest economy that is the promise from chinese president xi jinping he's been making it on a global stage and it's a message he's reiterated at the ball forum a summit known as the davos of asia but the question remains will china and up putting its money where its mouth is. cars are a major sticking point in the trade conflict between the world's two biggest economies the u.s. pays a twenty five percent tariff on cars it brings to china while china only pays two point five percent in judy's on cars it exports to the u.s. that's not the complete picture the u.s. sells six times more cars in china than the other way around but a piece in washington was the thrust of chinese president xi jinping speech to an

audience of international business leaders at the bowl our forum of young. she charged we will lower the import tariffs for cars. john b. at the same time we will lower the import tariffs of some other products. only hold your card to respect the people's demands for special superior product imports. she also pledged improved access to the financial sector and stronger intellectual property rights although the u.s. was not specifically mentioned she speech seemed aimed at addressing the sources of the trade conflict his words were welcomed by markets the world over but china has made similar commitments before with little implementation this time around however the stakes are higher insufficient action could pave the way for further escalation . well for more on this let's bring in correspondent my ts burning up now in

beijing mathias tell us more about what she had to say at this very critical moment for trade relations well the has been a lot of expectations with regard to this speech see how it has been expected to make major announcements for the opening up trying to ease economy and that's what he has done he has announced opening up chinese economy lowering tariffs for imports and even allowing more direct investments that means investments without having to pair with a chinese company in a joint venture specially in the car industry so these are major announcements one can say it is what has been expected promise is plenty saying that he's not seeking a trade surplus in favor of new chill benefits as you say that mathias an open global economy the question is of course all people taking him at his word on this . the problem is that he has made

a similar announcement although less specific before his prime minister has made these that announcements year on year. these are still announcements we will have to see what comes out he has a history of announcing a more open policy when he started his term in two thousand and thirteen he has announced major major liberalizations off the chinese economy domestic and domestically and internationally known nothing of this has happened the state has even further enhance and is grip on the economy so this would be a major turn in his policies and people are skeptical whether this will really happen some minor adjustments might happen as as a concession in this trade war that donald trump has been calling correspondent in beijing thank you. according to reports the u.s. justice department will give the green light to german pharma giant by its takeover

of monsanto that just a few weeks off to the potential deal was given the ok by the e.u. commission of course intending to buy the u.s. agricultural colossus for sixty two billion dollars u.s. officials have insisted divest additional assets as part of the deal it will now go smoothly they make a deal will be the biggest have a takeover of a u.s. company by a german one. and we can bring in our financial correspondent daniel cope who's following the story for us from the frankfurt stock exchange daniel that final green light from across the atlantic appearing to seal the deal how are investors taking that piece of news in fact very positive had another merger has been taking a longer than expected and even though some investors still fear that this merger the biggest by the way in german history even for a company like buyer could be too big too risky already last night on wall street

during the after our trading shares of buyout jumped higher plans of two point one percent want some top shares jumped even higher to one hundred twenty five dollars will continue because of the delay the buy a shares did not really go well so far this year and of course that the synergies of this very expensive merger at the end will really pay off for the company daniel caught first at the frankfurt stock exchange thank you. and here in germany public sector warning strikes got underway this morning to call for a pay rise those traveling can expect considerable cancellations over the course of the day german and tons of canceled hundreds of flights nursery schools local child support networks and other public sector areas also staging walkouts. one flight canceled after another left tons of alone has had to ground every second plane leaving thousands of passengers stranded like here in frankfurt an estimated ninety

thousand customers are to be a factor that many have decided just to wait until it's all over most of them are taking it in their stride. because it looks like they were affected by the strike a flight was cancelled but the travel agency has been really helpful and they've managed to book as a new flight through the congress and we've not been a factor yet but it's understandable of the workers want to work with the unions to get more money it's just a shame for us that it happens to be today one of the. eight hundred planes can take off because security stuff a striking in protest the nationwide strikes also include public sector employees like nursery school teachers and hospital workers they're demanding more money. to look i mean these people are dependent on public sector employees we want to see the current strong economic situation in germany reward such workers not just shareholders we want to see

a clear strong pay rise was the avoid the door to the cliff to get all those that's . a rise of six percent or at least two hundred euros per month per employee and of knowing cream and candy marked the very union plans to expand destroyed. where there was once only sand saudi arabia is building a city right in the middle of the desert and next to the right in fifteen years time two million people are expected to live in king abdullah economic city the project is the biggest of its kind in the world and it's being financed by private investors. welcome to the future this is king abdullah economic city perhaps not the catchiest name for what's being billed as the future of urban living in saudi arabia located on the coast of the red sea planners in vision some two million people living here one day so far there are only six and

a half thousand residents the apartment blocks are separated according to the income levels of future and habitants area. it feels like a ghost town. this one is designed for the rich but even here over half of the apartment blocks remain empty. a seaview for the wealthy with a swimming pool out back among those living here already is the project's corporate communications manager it's the fact that my can my daughters can go out and walk the dog along the promenade there's no cars there's no traffic because it's all pedestrian ised it's easy for me to get around the city it's very convenient but it is a new city i don't have a shopping mall on the on the on the doorstep. inside two hundred fifty square metres of luxury three bedrooms about kony and the terrorists for eight hundred thousand euros the target market young ambitious executives from saudi arabia and

beyond but the success of the city will depend on the rise and fall of the companies it attracts finds there mars tama and total have already arrived and it's already the second largest in the country like the rest of the city it was built by a private investor. and demonstrates the maximum participation of the private sector this is purely private sector blood economy and it is not all dependent and it is proving the quality of life but this may not be everybody's idea of a good quality of life project managers have organized jazz concerts in an attempt to inject life into the city a few hundred people turned up but that can't disguise the fact that king abdullah economic city is missing something perhaps a soul. you're up to date with the latest from the world of business don't forget to follow us on social media you'll find us on twitter d w underscore business are in there as well head of the seahawk free is my handle

thanks for watching all right now here's a look at the world market. coming . to a. woman comes.

to a trick on him go blow this legal highlights. a lot of surprise champion second and my name in their hands down i was fair game change their six title in a row thanks celebration gary thanks victor yushchenko and james as someone close to her. thanks to a. little some last an eternity. the walls of all i'm a make some so durable. and can we use this construction technology in the future and. experts have studied the composition of these materials and discovered the substance has remarkable properties. to morrow to be sixty

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