the country's best you to categorize. you're watching news still to come on the program more products made in germany we'll see what's bringing the production line back. monica johns will have that story for you coming right up and this is. such. a. good. take football personally i do it. with all the wonderful people one story that makes the game so special. for all true fans. funny. because more than football online climate change.

waste. pollution. isn't it time for good news eco africa people and projects that are changing no one's are meant for the best current it's up to us to make a difference let's inspire others. to do it for good environment magazine. long w. . it's a court decision that could fray ties with china as a way the executive waits to hear if canada will extradite her to the us or europe the joints of those expressing worries about the risks of the take giants products food lou and also coming up german companies turned their backs on china we'll take a look at why they're moving production back home. welcome to

the w business i'm going to get jones and glenn good to have you with us so the european union should be worried about way and other chinese technology companies because of the risk they pose to the blocks industry and security that's the word from technology commissioner andrus ansip today japan is the latest country reportedly planning to ban government purchases of telecoms equipment from quake and other chinese company as e.t.e. over security concerns meanwhile mung won sure the way c f o who was arrested on sunday is to appear in court later today. in a few hours time and one jew will find out whether she'll be extradited to the united states or set free canada's arrest of one of the highest ranking executives that wild way has placed the country in the middle of a complicated dispute between the u.s. and china. i think you.

must be the case but politics isn't ready at the very center of this case man was arrested on charges of helping huawei to violate u.s. sanctions on iran allegations beijing to nani's. as one of the permanent members of the un security council china over strictly and earnestly implements the resolutions it passes. china also opposes any country imposing unilateral sanctions on others outside of the un ses framework. this isn't the first time huawei has come under scrutiny from abroad in the past u.s. lawmakers have described the tech giant as a threat to national security saying its technology could be used for spying other

countries including australia new zealand and japan appear to share those concerns and just banned or are mulling bans on huawei products but the timing of this case is especially sensitive just last week chinese leader xi jinping and u.s. president donald trump agreed to a ninety day truce in their months long trade dispute it's now looking on shakier ground than ever. china the rest is an attempt to terp ways rapid expansion well earlier we spoke to a director of the it was center for international economics in munich and i asked him whether the fears about ways technology justified. i would say so yes we hear a lot about the trade balance of course and it is true it's negative and massively negative but it's also true that the united states and china fight a proud new technologies and we will see more of that for decades coming up this is

probably a struggle that will define the next decades of the episode we're living through today so the tells us how important that is on both sides of the trade story to that is only one pod what we're talking about you know the role of the leader of the world of tomorrow in that battle is going on so we'll be very interesting to have very interesting to watch what's going on that i was fed a mile from the media if in-situ talking to us and the financial markets actually awaiting a decision on whether or not opec oil output the cartel of all producing nations has been resuming its latest buy annual meeting in vienna the main obstacle seems to be iran insisting on an exception from possible production cuts until sanctions are removed also opec is trying to convince nonmember russia to commit to significant reductions u.s. president had urged saudi arabia to refrain from the women output in order to keep

oil prices low. so and for the very latest let's bring in our market correspondent perth s.t.m. puts that in by for us in frankfurt paul what's happening any movement there and what do people think in frankfurt i mean will this be a result today. well people here in frankfurt are still fairly optimistic that there is going to be a deal just simply because opec does have to do something the oil price dropped over thirty percent since october and they need to move in order to prop it up and the question is how much if they do too little then they will not be able to bring it back up and they will lose money and that if they cut it too much then they will lose even more market share to players like maybe russia and especially the u.s. which is now actually as of last week become a net exporter of oil now when we look at the situation would you say opaque is still a united front and no there's an internal crisis going on

and it's been brewing for a while since two thousand and sixteen when. russia sort of kind of joined forces with the opec and opec plus smaller members have wondered whether they are losing say in the situation qatar has just decided to get out iran is looking for an exemption and right now what they would need is unity but they're not going to get much of that in the future looks like either because the new president a full pig is venezuelan and he's a close ally to him and doro and that might even spell more diplomatic controversy especially with the u.s. just inputs in front thank you so much. and he's just mentioned to venezuela here we are falling oil prices mismanagement and hyper inflation have ruined that as a way of us finances two million people have already fled president nicolas maduro now says he has signed deals worth billions of dollars with russia and he announced

the move using social media. this is the video venezuelan president nicolas maduro posted online. we have signed contracts today to guarantee investments of more than five billion dollars with our russian partners and joint ventures to raise oil production. we are also guaranteeing an investment of more than one billion dollars for mining mostly in gold all russian investments we also have signed a contract to guarantee all the wheat six hundred thousand tons of wheat for the people of when this way it is all guaranteed for twenty one thousand and beyond. you must. we contracts are as important to the venezuelan people as any economic deal food shortages have left people hungry with shelves empty and stores closed has been on rest in the streets and many have fled to neighboring colombia.

the crisis in oil rich minnesota iowa once one of the wealthiest countries in south america started with falling oil prices mismanagement and u.s. sanctions intensified the problems the international monetary fund is expecting inflation to hit ten million percent next year. long enjoyed close ties with russia moscow is now a key lender for the cash strapped country but mother rose government is struggling to repay its debt the meeting in moscow was the second in the month in november the head of russian oil company rosneft was in caracas to press much over delayed oil shipments aimed at repaying loans. not german companies aren't immune to price pressure and many have shifted production lines to low cost countries in asia particularly china now some of them bring them back home again thanks to automation . here

a vacuum cleaner rolls off the line every fifteen minutes the german family business electro star is back in production on german soil soon electra's star hand in hair dryers will also be manufactured here again managing director roman gora by is banking on the value of products made in germany he wants to have all production removed from china and returned to germany. twenty years ago and have begun producing experience was positive we have been producing high quantities at reasonable price and quality but the time has changed and we are now forced to produce smaller batches. individual products. not only are niche markets becoming more and more important but most of the electra stores customers are in europe. from china it can take up to eight weeks for deliveries to arrive but from here it only takes a few days. the model train make american has

also brought its manufacturing back from china. the reason it's easier to produce small quantities in higher quality from germany. the televisual ninety three i think it's very important that the trains our engineers develop and design can also be built directly here at the same place. and we are now able to optimize the process through automation and create ideal conditions for producing our trains of stuff stolen credit. card and nation is helping an able to return of domestic manufacturing robots to the record work at mclean replacing much of what the workers in china did they drill mill and file away irregularities and the company saves on labor costs. then the detailed work can be done by skilled workers. in a few weeks alecto star plans to move its vacuum cleaner production into

a new building the company needs more space after their withdrawal from china here to technology and automation are expected to ease the manufacturing process. the workforce will become more efficient and one person will be able to produce more output due to the help of its religion to systems all park ultimately zation. so i think in future we will have more or less the same amount of work force but richer but it will be much more productive for every german company that moves its operations abroad to are now coming back a trend that is set to continue. as a business update on t w things watching. i

mean. this mode. is it's a styrofoam. with just about. some tools it. snowballs need to. come in the trunk must be a christmas stuff. i'll do it yourself expect shows you know how to make.

your robotics next on t w. e bay news on this. just let's. check out today's can fill in cohost side by. people who put big dreams on the big story. in the magazine on d w. i think it's everything channing first and i think a muslim. so much different culture between here and there challenging for everything. leading. to some of the same i think it was worth it for me to come to

germany. shop and got my license to work as a swimming instructor on the shannara to children nothing else just random stuff just. what's your story take part cherish on info my grinstein. happy st nicholas day from berlin and welcome to. of europe max here's what's coming up. beautiful and coveted twenty nineteen forever the calendar was created by cover for album. easy and festive d.i.y.

thanks chris shows us how to make christmas decorations.