in business news this is been d.w. from berlin we've got more of the top of the hour and as always you can find the latest on our website at www dot com i'm sarah harman from the whole team thanks for watching we'll see you superset. of. the. rings on beethoven. his work in the goddess for to know. the mush around and feed. the children bob twenty two. time for an upgrade. how about fun church grows by.

a house with no roof. or design highlights you can make yourself. trends tips and tricks that will turn your home to something special. upgrade yourself with g.w.'s interior design channel on you tube. at the. trade disputes about for the economy of the g. twenty summit in argentina the international monetary fund says global g.d.p. growth could drop by half of those and as a result of the current tariff escalation g twenty ministers have called for better dialogue that will vat the problem. also coming up china's j. d. dot com is getting ready to shake up the european economist market. and china.

president xi jinping is in africa to further strengthen economic ties with the continent and secure a look pretty investment deal. welcome to the business i want to get jones in girl and trade tensions pose a threat to global growth that's the message from the group of twenty meeting in argentina in a joint statement global finance leaders called for dialogue over trade disputes but they didn't mention the escalating trade conflict between the u.s. and china by name so far the two sides of each impose tariffs on each of those goods to the tune of thirty four billion dollars on friday u.s. president donald trump threatened even more duties on imports from china washington has also angered its allies including the european union by imposing tariffs on steel and many i'm in a next move the u.s. is considering a new tariff on also parts that could hit the e.u. and japan and that will also impact suppliers in the united states. but

even without any further escalation the i.m.f. said the current tariff route could in a worst case scenario impact global g.d.p. growth in the range of north point five percent so i asked one of the shooting chief economist and baron back back whether half a percent less growth is a big deal. of a percentage point of global growth is quite a lot it means around the world millions of jobs lost which otherwise could have been created and of course it always carries the risk that we get into a downward spiral that when you start to slow down artificially then maybe hesitation creeps in hesitation then means fewer business investment which means fewer jobs so we have to watch this risk carefully hoffer's in this point of global growth is or would be significant ok so so good trade agreements would to be more than welcome and u.s. treasury secretary steve minucci and has actually offered to open trade talks with

japan and also the european union but francaise the e.u. should not negotiate with a quote gun to its head what do you make of that. well there is a bit of disagreement within europe but by and large i think euro will have a smooth largely united position which probably means that negotiations call them in form and they go with the asians of course start with out to the u.s. taking back any measure but i guess that a formal agreement would only be taken already fight if the u.s. takes back these measures so for instance mr younger will be going to washington on wednesday that is for talks before the us of taking back anything through talks will be starting now that when we look at the g twenty summit i mean they need regularly and this particular common the key calls for greater dialogue on trait tensions what does that actually mean. in my view it does not mean very much it's

basically these people tell each other we should now under the threat of significant protectionism from the us talk to each of the more often two gifts deals done but if they just call for talks that means they are far away from any agreement or right target meeting that chief economist at bear a big bank today in berlin thank you so much you're welcome what china's second largest online retailer j.d. dotcom is looking to enter the european market c e o richard you were told to german business daily handed splats that it will have a strategy in place by the end of the year that could potentially shake up europe's competitive e-commerce industry. jadi dot com wants to take on amazon and it plans to start with a european market the chinese e-commerce giant is said to be planning to build logistics centers in germany and france as part of

a strategy to help it sell directly to europeans and europe is the second largest retail market after north america so j.d. dot com could face tons of competition from established players the top five include global e-commerce leader amazon u.k. based tesco and germany's lando. but that is where the company strategy could help j.t. dot com c.e.o. says the only one retailer could acquire european competitors to help it expand on the continent a move that would certainly change europe's e-commerce landscape and help jadi dot com compete with amazon. and paying has become the first chinese president to visit rwanda it's his second stop in africa she aims to further promote china's wrote us one of the continent's biggest investors she and his wife paying yuan were welcomed by wanda's president paul kagame and his wife

visit comes ahead of an emerging economies summit china is heavily involved in building infrastructure on the continent including a new railway line in kenya but that project has many critics. these animals roam freely barely seven kilometers outside kenya's capital nairobi but their unrestricted lifestyle is endangered kenya has contracted the china roads and bridges corp to extend and modernize its main railway line. the first leg connecting mombasa in nairobi was completed in twenty seventeen the second leg will link kenya to neighboring uganda it cuts right through the national park all that tomboy. noise on top of you is going to make the park. and these are not much of a park where by animals can walk in and walk out. of them a foot at a few of the men and i'm not going to stop here conservationists have been fighting

the railway since twenty sixteen to no avail construction of the second leg began in march despite a court order halting the project and elevated track will run across six kilometers of the park perched on pillars between eight and forty meters tall officials insist the animals will still be able to roam freely. that it was supposed to be and more . area and there's a quota before wildlife but also allows development activities in the country we cannot really say oh we the rift valley railway is kenya's biggest infrastructure project since independence and the government hopes the faster transport link will give you a condom be a boost chinese railways roads and dams are rapidly changing landscapes across africa aimed at accelerating the continent's industrialization they also cement

beijing's influence. if you were stuck in traffic this morning you might be interested in a less stressful well organized way to move from a to b. and the capital of lithuania could be a role model for other cities when it comes to the mobility of the future in vilnius many people use the mobility app traffic it could signal the end of city tailbacks and choking small combining public transport bike and cashiering into a network so let's get moving. good demeanor still let us has an urgent business appointment and needs to get there fast traffic shows him the fastest connections the app uses g.p.s. to look ate his position and list the available transport options do a task and also pay bicycle hires with chafee as well as the car sharing autos he can open with a touch of his smartphone the twenty five year old uses chaffee every day. yeah.

and it's especially popular amongst younger generation. trophy is the brainchild of a local startup it began as a hobby for the company's founders after yogi's passive conus graduated from america's renowned massachusetts institute of technology he took part in global computer programming competitions he used those algorithms to build the initial website. i didn't think. so i was always focused on. solving interesting problems so that's why it's great that we have. enough cover the different aspects martina's good and of each year looks after traffics commercial side he sourced investment and began hiring its workforce is no grown to forty five traffic got underway as google maps

was launched now one of their biggest customers programming a real time map with so many different transportation alternatives is a major challenge. the biggest i would say challenge is to properly process as the g.p.s. signals and very nicely show that on the map how actually recall is moving so and once the e.t.a. expected time of arrival to the bus stops old that takes quite a lot of efforts and we've been doing this for twelve years and we still keep updating and i'm dating can improving the algorithms who does that traffic use used in over thirty cities worldwide even in megacities like indonesia's capital jakarta it's free for users. founders are also in talks with german city administrations though things are moving only slowly that the transport companies are reluctant to part with date or on real time operations and centralized ticket sales the mayor of

vilnius had no such qualms. this is the most. it's open. just being very open to look your job being faster than others and. in terms of allowing some time to search. for the markets i think it's very important . but to make friends with them chafee insists it exploits no private data and sticks to the letter and spirit of protection lows. and now you're up to date with the latest from the well business you're watching you.

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