christian. chelsea the twenty year old will go to london for a face sixty four million tourists taking the so most expensive ones as they can transfer in history for the sake came through the ranks up the moment having joined the u.s. team in twenty four states will remain at the club for the rest of the season joining chelsea in june. that's it you're up to the top of the alabama business update in just a moment of the day. every journey begins with the first step and every language with the first word published in the book. rico is in germany to learn german and why not with help simple online on your mobile and free shop d w z e learning course nikos fake german made easy.

we make up oh but we want tons of office there and back to. the civil service or. the want to shape the continent's future. of enjoying african youngsters of test they share their stories their dreams and their challenges. a seventy seven percent. platform africa charedi. more pushback for china's belton road initiative vicious new silk road has some countries questioning its profitability the financial terms and perspective. a tough start to twenty nine thousand for global stocks there are lots of reasons why we just like to know if that's the buy it'll stay. and the bonds of snowmobiles

may become a thing of the past as greener alternatives in the slips. let's do business it is china's most prestigious infrastructure projects the belt and growth initiative with nearly a trillion dollars in proposed chinese investment poised to build roads railways ports and oil pipelines from beijing to berlin to make the project was launched five years ago and it's attracted investors from all over the world including german companies all eager to get a sizeable piece of the action. the new silk road china's belt and road initiative as a source of wealth precious gems for pakistan faster processing of shipping containers in europe and cheaper energy in sri lanka everyone should benefit that's the promise delivered by the singers in this choir the.

chinese president xi jinping has been pushing the new silk road for the past five years more than one hundred projects have been completed along the route including high speed rail ports for container ships and fine for up to connections for faster internet access. german industrial giant siemens sees the new silk road as a major opportunity siemens has recently put up a new office in beijing focused on the new trade groups it's headed by cotton ha spock he coordinates major transport projects in more than ten countries. you have different languages cultures and time zones so finding a common denominator takes some time. smaller companies can piggyback on a major multinational like siemens says german chamber of commerce representative

gets him to put on and that's because gaining access to the chinese market is challenging due to a lack of transparency. and that. there's a lot of uncertainty when it comes to the silk road project the process how to apply where to apply and which ministry is responsible all of that's unclear. and chinese companies are us an advantage they are state owned or receive government supporters see success rests a loss on the new silk road he promotes the project as international summits german companies in china are also interested in the silk road what's unclear is just how much they'll benefit from this in the end you. talk about this with your correspondent in singapore how is beijing strategy seen

in other asian nations. well ben initially these strategies were of course met with a lot of excitement because they presented the future business prospects as well as ease of trade but there are singing a different tune now due to some disillusionment countries like malaysia sri lanka me and my even pakistan china's longtime ally singing criticism of. misconduct as well as suspension of projects among other issues so there's some push back i guess some countries are finally bread small print what about companies are they still eager to invest all the countries in general are now more cautious as a result of all this pushback on companies likewise are facing the same situation they are sharing the same negative sentiment governments are questioning whether

the currency is has seized power in terms of sustainability and with a new water will take place so until then companies will be remain wary before investing too eagerly into building the initiative projects now apart from the financial terms of both in these contracts and the debts as well some critics say a lot of road initiative only exists. well these projects actually happened. well in the case well for them all these and malaysia they've wrecked up enormous debt as you mentioned just to give you an example malaysia had to favor one hundred forty million dollars bid to china for a hospital project versus a fifty four million dollars bit so all of the reports of these unfavorable incidents are going to tarnish chinese china's reputation if they are not careful chances are the projects will still go on because the region does desperately need china's eagerness and money and resources but with very stringent checks and

processes from here on just like japan and australia are currently practicing in the wake of all these allegations and china in most cases needs their resources thank you andre for us there in singapore global stocks have had a wobbly start to twenty nineteen we've done it from china and fees its trade dispute with the united states will continue well into the new year after this is on edge just minutes into trading the down fell one and a half percent later regaining some of those losses the volatility traders experience that the end of the year could be here to stay in europe germany's dax only interesting to positive territory as trade was coming to an event some asian stocks fell by as much as four percent. but it's joins us now from the frankfurt stock exchange the first days of trading reflect what we could expect this year.

well to me ben the first day of training really looks like a gigantic hangover from trying to drown out all the worries from twenty eighteen but it's not working we're still seeing the same problems and we're probably going to continue to see the same problems that worries over the trade relationship between the u.s. and china and how that might affect other countries. in asia as well as in europe. also. more u.s. politics going to influence the markets like donald trump tweets currently in the in the government shutdown. specially here in europe is going to cause more concern and even though the government just managed to turn the corner at the end of the year with this budget we may still want to have a close look at that exactly because italy and its banking sector is looking quite bleak to start off twenty nine with the e.c.b. taking control of its value back. yes italian banks are

closely watched on the stock market that's because they have a lot of bad debt now the e.c.b. taking over one of the banks that has a very large bad debt that's a bunker. now and that's not too much of a worry right now but it's actually a positive sign that the e.c.b. is taking over because management stepped down after it got into a gridlock with one of its main shareholders the bank was trying to raise capital to to better its own situation but the main shareholder wasn't so keen on that because of course that would mean more falling share prices and so there was a blockage now the path is open to find a new solution whether it's selling the bank or raising more capital or liquidation the e.c.b. you will find that out so much to choose from focused inputs that you very much. shares with cents getting it electric comic at tesla the first day of trading

falling by eight percent fourth quarter deliveries fell short of analyst expectations tesla has been struggling to wrap up production of its mobile three which is crucial for its long term profitability and tesla's decision to cut the prices of its vehicles by two thousand dollars it little to help the share price the company says it wants to help customers deal with the gradual phase out of federal tax credits for electric cars. one sled at a time electric snuggle bills making eco tourism in finnish lapland even cleaner the east slade's is supposed to reduce the amount of fuel as well as noise pollution in the great outdoors. these winter tourists are exploring the arctic wilderness on what's claimed to be the world's first all electric snowmobile safari over the course of two hours they travel twenty five kilometers through lapland snow covered forests on battery power alone. countryside like this because it's

peaceful when you get to see things where before that just the noise of the other ones with the you know would take anything lot of what wildlife and not that of life and that sort of situation the east slade is the result of development work at the lapland university of applied science that started in twenty ten one of the biggest challenges was developing a battery system that retains a charge in the freezing temperatures engineers developed a liquid heating system that keeps the battery warm even at minus forty degrees. but there are drawbacks the eastlands are three times the price of a regular gasoline powered snowmobile and that's not all the biggest these two is range at the moment we're going to ride fall to kill me to us we theses let's show you really need so plan the route before before you go to deep down into the forest because you don't you don't want to go forty kilometers to the forest and then you

don't have butter enough to get back all the research continues even as the current models are being assembled in revenue me the capital of finnish lapland tourism is just one potential market for the east lead developer another is climate scientists working in the arctic who don't want pollution to interfere with their measurements and there's room for growth one company that got its start building snow beals in the one nine hundred thirty s. is now one of the biggest transportation manufacturers in the world canada's bond. i sing business with you.

enter the conflict zone come fronting the powerful. subir is pushing ahead with clues to join the european union folks brussels who so far unimpressed with its reforms my guest this week visiting violate the serbian prime minister i'm not sure that beach. why so little progress oh so many key issues.

conflicts are. now on doubling. the almost zero. how to. discover your concept. of discomfort with a common house. after one hundred years the ideals of the i am more relevant today than the well. here's a. chance to evolve. thanks . with ideas that are part of our future. about how many does cross

our interview narrative into the music i mean talent to meet our house means edition of the future. what makes the house and its creation. to this very. example a part of i drank. three. starts in january thirteenth w. . subir is pushing ahead with moves to join the european union but brussels is so far unimpressed with its reforms my guest this week visiting but is the serbian prime minister i'm not buying that bitch why so little progress on so many key issues.

prime minister but in a bitch welcome to complex song and.