a chinese investors dreams of taking over german toolmaker life felt appear to have been dashed in the face of german government resistance. then i'll be here in just a minute with up and much more news that's all coming up after the break you're watching d.w. news from berlin. go just couldn't get this song out of his head. musicologist began searching for the source of these captivating sounds. in the rain forest in central africa. to find their culture stayed low. only a promise to his son to leave the jungle return to the concrete and glass jungle of

new york. the result reversed culture shock. the prose we. saw from the forest starts caucus night w. . keep out china why germany thinks it needs to start protecting its industry and infrastructure from chinese take over it's. germany initiated slave just lation to crack down on online tax evasion watch out if you're a bend or amazon on e-bay. and supermarket not bringing tangible and affordable works to the masses. i've been fizzling that's the business beijing has been. before berlin could block it chinese investors have dropped their bid to buy

the german machine tool manufacturer ally felt to avoid a veto from the german government is going on these here about chinese firms buying up german know how and sensitive technology. life which produces materials used in the auto and aerospace industries now plans to float a majority stake in the company instead of selling to chinese firmly on time a government veto of the deal had been widely expected that was the recommendation of the german economy ministry following a months long review. only last week the german government prevented china's state grid corporation from taking a twenty percent holding in electricity grid operator fifty hertz the german state own k f w bank bought the stake instead berlin was uneasy about handing a major chinese investor some control over the country's power grid some analysts say that hindering outside acquisitions could backfire on germany whose companies want access to chinese markets. since the delegate to.

the one hour hold but we do get our government to very responsible but at the same time respect that there is a need for having open markets. for their good relations to time. the government says it decides each takeover case on its own merits but its chinese acquisitions that have received special scrutiny. let's get more on this from economist chin to get another view on this very interesting story and it's certainly not black or white first tell us what your opinion is is it a good move or a bad move here these developments. as you say it's not a black and or white story of course every country has the legitimate dry to protect its interests however on objective criteria so that challenge here is

that politicizes have to avoid a special lax china i mean otherwise just to give you an example how can we explain for example the russian companies are allowed to enter german gus networks invest into networks coming from also other well developed market system so sooner or later this sort of specific china legislation is going to create tensions bilaterally with china on the investment but also on the trait side well on the trade side what what could be the consequences there how could it affect not only investment but trade as you put it. that's a very important issue we don't talk only about investment issues here one need to bear in mind that china has integrated itself very successfully into the global trading system since two thousand and one when it became a w two member and one side effect of this is of course the country has

a kool-aid over the last years massively capital foreign reserves and the logic of the global capital the system is that this capital has to be invested sooner or later in other countries so prohibiting investment means also sooner alright or trade will be also a conflict thing as field so we need a deeper discussion about a level playing field i don't see here a real problem all security issues it's more about a level playing field that european companies also should receive an equal permission to invest in china well what should germany be doing how should european officials just in general be reacting to china to create a level playing field because it's the chinese up until now who have been so protection as the suppliers investment in the other direction goods. absolutely and this is the quote this is the core issue and we as western countries not only germany and europe but also the u.s.

have to insist that china has to open more its market because it creates mistrust that chinese china is investing in advanced technologies in european countries and there is indeed bait that does know how it's going to be stolen and relocate to china but i think this is not this is not the core problem the problem is once china opens up its market also foreigners to to to invest in the country so market forces will regulate again. the investment behavior at the moment there is china is an attractive place for restaurants to invest but we are basically kept out by china and this is the core issue and we want to answer your your question straight bilateral investment treaties a deeper investment liberalization that has been on the agenda for example in europe but it has been on hold for a while it's a good time a good moment given this debate about protectionism to to advance and liberalized

investment on the chinese side you heard it from economist thank you very much thank you. i'm talking about protectionism the u.s. is considering a twenty five percent tariff on two hundred billion dollars worth of chinese imports after initially setting them at ten percent the aim of bumping them up is to increase pressure on beijing so that they return to the negotiating table that's what sources have told bloomberg at least the tax would apply to chinese products like clothes bicycles baseball gloves and furniture some economists believe the cost increases will be passed on to american consumers critics fear the proposed time for hikes to backfire and escalate the dispute between the world's two biggest economies. chinese make a lot of weight has replaced apple as the number two smartphone maker worldwide. way sold slightly over fifty four million devices in comparison apple sold forty

one million units it's been a while ways long term goal to surpass apple and claim the number two spot in spot for in sales samsung still holds the number one position selling a little more than seventy one million so. when you buy headphones clothes or through online retailers like amazon or e bay the items often come from abroad and the vendors often don't have to pay any sales tax if they selling here in germany but that could be set to change new legislation would make the retail is themselves liable for the sales tax of foreign bindis amazon and others will be obliged to provide vendée as addresses and the amount of sales to german tax authorities if they don't comply the retailers will be liable for taxes themselves should it become law the measure could bring in hundreds of millions of euros every year. or pulpits is following this story for us from frankfurt it's nice to see there is more of

a crackdown on tax evasion or a boost for competition would you say. that's an interesting question i found. two quotes that seem oddly familiar i'm just going to read does not to you you can judge the goal is to protect honest taxpaying companies from competitive distortions that's a ministry official quoted by the irish apostle first reported this story and then again from the german trade association said that this practice of tax evasion through these platforms is a significant competitive distortion now whatever you make of these codes it's definitely going to help german companies for example german retailers who are struggling with their online platforms and they're on a sales. job is it really like those you with take giants today i mean they're extremely successful making a huge of out of money the most valuable companies in the world so i guess giving off a bit a sales tax. would seem quite i don't know what would you call it justifiable

. memo we like you american us us companies as long as they provide services and products and they pay their fair share of taxes and the you has long been cracking down on google on. amazon and apple trying to get them to pay their taxes now it looks like germany has found a back door to sneak that in. because in but in frankfurt thank you. now what if you could buy fine art in a supermarket or something that's meant to be timeless in a place filled with consumables that's what british art is lucy starwood temps with the new show in los angeles sparrow march is a comment on the age old theme in the world of the relationship between not and the business about welcome to sparrow mart the fruit isn't so crisp year but the soft

drinks or well especially soft. everything is handmade with felt in lucy sparrow's exhibition that opens today it's a playful commentary on consumer culture and the disposable nature of our everyday lives instead of scale ability and efficiency spero mart is about individuality and painstaking work there are more than thirty one thousand grocery items here each with a little soul as pharaoh says she's exploring art as a commodity it's not a consumer product every item is signed and available for purchase. there's also an a.t.m. and checkout both covered in felt i think that is a huge amount of the art world but it's about money and that seems to be almost a to be subject with the art you know it's got to have the integrity but obviously there's a huge art market out there where people purely by to collect and i think that's as much a part the art world but don't mistake sparrow mark for a cynical cash grab the artist says it's about making art accessible it was always

very important to me that people could buy it people that wouldn't necessarily know many buy art they could buy something for thirty dollars fifty pounds anything like that they could take it home with them and i frame that and they have that for the rest of their life i don't think many galleries that you can come and do that and this is the last time i'm going to do that because it's essentially quite unsustainable in other words there's still a big difference between art and the supermarket candy aisle. last and business with it.

comes. to me more. narrow narrow on the law. the beauty craves. title promise portraits are a statement celebrating a natural e.p.o. single since. one hide what makes a person. your romex next on d. w. . o.

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going to be w. and complex more are going to. fucking open air down to take charge of august second to going to dublin in the column on plate of. either welcome to another edition of your remarks here's what we've got coming up for you to their. dream destination discovering european lifestyle on the caribbean something cool last.