the swiss mountain town of davos hosted the movers and shakers of global business this week at the annual world economic forum. with the leaders of the u.s. france and britain canceling all the more attention was given to those who did show up. among them with german chancellor angela merkel. the other guides its global i think we should understand our national interest in a way that we think about the interests of others and from that create win win situations that are the precondition ferma to lateralus with them within that analysis and the. third sarcastic comments appear to be aimed protectionists like donald trump who boast about putting the interests of their own country first meanwhile china used the opportunity in davos to affirm its free trade credentials and to appeal to the u.s. to help resolve the trade conflict between the two nations when we did you see the

chinese and us economies are mutually indispensable so their relations most minutely beneficial and when when. so cooperation serves the interests of both sides well confrontation harms them. this is a basic principle and. japan's prime minister shinzo abyei also made it clear in davos that he remains committed to open markets no growth without free trade. have a focus the bubble on digitization and borderless data traffic the engine for growth if you think about it it's few it. no longer. but war on war by this tel data. the vulnerability of international data traffic has been highlighted in recent years by a series of spectacular cyber attacks the a c.

was addressed in davos at a meeting of ministers from seventy five nations including the u.s. and china they launched talks aimed at drawing up rules to global e-commerce. this year for the full time may have sounded a little melancholy by the next on the w.b.'s beings here including scotland when all likelihood have left the e.u. . with confusion still lies of a break that prime minister to resign may stays away from davos. the german chancellor was in town but prefer to steer clear of questions about greg's it. it was left to her minister of economics to address the issue. but of course practice it is. fundamental a fundamental thing that would effect if not organized an orderly way it would

affect the economic relationship gross europe and perhaps even on a global level and that means we are of course put pat in germany for all possible. outcomes but we certainly want to avoid the practices so it wasn't only british journalist wondering whether he meant he expected a hard break i'm not here to negotiate the european union has negotiated. with one wise over the last two years we have been clear from the beginning we have been constructive from the beginning what is also clear is the eagerness of many european governments to resume their focus on other issues prime examples being the creation of a digital european infrastructure and the challenge from china on the technological front. brakes that chaos also means turbulent times ahead for us the aircraft consortium fears major disruptions to its supply chains across europe its c.e.o.

has warned that the company may have to relocate its wing building operations in britain and cut thousands of jobs of course it is not possible to pick up and move all large u.k. factories to other parts of the world immediately. however airspace is a long term business and we could be forced to redirect future investments in the event of a no deal breaks it and make no mistake there are plenty of countries who would love to build the wings for kraft their bus currently has two factories in britain with a total workforce of fourteen thousand. son he has also joined the growing list of corporations to exit britain the japanese electronics conglomerate is really registering its european headquarters from london to amsterdam the company said the move would help minimize customs issues tied to bragg's it although it has no plans to physically relocate personnel or operations it's not the first japanese company to relocate to continental europe due to

concerns of a break that last year panasonic moved its h.q. to the netherlands. china's growth rate has slipped to its lowest point in almost three decades fuelling concerns over a knock on effect on the global economy. with china's growth right now seen as an indicator for other countries the announcement of the news was highly anticipated. a pilgrimage on a limb and every estimates the total value of china's g.d.p. was ninety point zero three trillion you are only a six point six percent year on year increase that outstripped the anticipated goal of around six point five percent. to. six point six percent pretty impressive by global standards except for one thing. a decade ago chinese economic growth was hovering at around ten percent in the year

since then it slowed steadily and what's worrying investors is that no one knows when that decline is going to end. there are manifold reasons for china's slowdown domestic issues like a slowing property market are putting pressure on growth. but even more concerning for the global markets is the continuing trade dispute with the united states the two countries are currently holding a ninety day trade truce which presents donald trump and she's in ping agreed to join the g. twenty summit in argentina back in november for the trade talks are set to take place in the coming week but the prospect of a resolution is far from certain a further escalation could have a dramatic impact on the chinese economy. oxfam published its latest poverty report this week with a stark message about growing wealth inequality according to the study by the charity organization the number of billionaires has almost doubled since the financial crisis at the same time the world's poorest people became even poorer.

oksana accuses governments of exacerbating the income gap by failing to tackle inequality. under taxing corporations and the wealthy while underfunding public services. one group of business people were at this week's w e f in davos to promote wealth and development for the poll. among the group of social entrepreneurs was ernest darko from south africa he's made it his goal to improve his country's health care system. from a demographic point of view a lot of growth is going to come from africa most of the world growth is going to begin to slow down africa is just rising and it is critical that we get it right for africa and part of getting it right is ensuring that you have a healthy population and that their social and physical wellbeing is maintained.

other social entrepreneurs came with thought provoking ideas that they envisage on a larger scale like you not eichler who knew it wouldn't be easy to gain attention at this high profile event his project in israel which organizes jobs for disabled people has been very successful the main difference is that all business entrepreneurs are looking for the same and same thing for profit social entrepreneurs are trying to solve different and different problems so we bring another thing to the table we bring different things to the table and it's a great opportunity for us to give it a different angle of things to the business entrepreneurs and to the government and vice versa they want to move mountains and change business as usual the foundation set up by the hosts of the w a f supports the work of social entrepreneurs also by giving them a highly visible platform. we all caught up in the same problems and this makes it easier to resolve them that one person alone will never manage that the social

entrepreneurs can't do it the governments can't and businesses can't either if we all work together including researchers and universities. then we make a lot more progress right at. the social entrepreneurs who are also in davos to discuss new business models with experts working together rather than at cross purposes that's what indian social entrepreneur neil i'm cheap come here to emphasize in the new social order collaboration is going to be the key word and globally collaborating social enterprises are going to make the change the vision of a feral world and the need to work towards common goals ideas that also found a voice in davos. during w a s we complete strangers stop muhammad hasim rahman on the street to ask his opinion and experience is unfamiliar as the freezing weather conditions mom and her son came here straight from a refugee camp in kenya

a world away from the upscale ski resort of davos. the suffering we have is the stuff of living without hope uncertainty not knowing where i will be i don't have a passport i don't have documents i don't have an identity. his home is the kakuma refugee camp in north western kenya on the border to south sudan he shares it with one hundred eighty five thousand other refugees the residents need special permits to leave the camp mohammed has been living here for the past twenty two years i just want people to understand we are humans we are just real people we are not animals we are not peas you're not flies we deserve dignity and we have dreams you have hopes we just want to be part of society that's all we're asking he never gave up those hopes pursuing an education and learning how to use a computer and becoming community leader for the campus youngun habitants and then he was invited to the w.f. in davos after a protracted but successful beazer application he wanted to raise awareness about

refugees. refugees are here we are not going away we are here so maybe he said of denying or closing your eyes. maybe we can find solutions human solution is. a problem because i have been out of fiji my whole life and i don't want the next generation over a few used to. be used his precious few days here to leave his mark in davos talking to big global business and politics i just want to see this message and next week i go back to this is nothing but what i live it's not my life and we get to deliver that message in. case hope is for globalization to enable everyone to be part of society and that was your business week in review.

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