tv Business - News Deutsche Welle February 25, 2019 3:45pm-4:01pm CET
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business asia i want to get jones in the end good to have you with us and what a dream start for equity markets today from asia to europe stocks are up after u.s. president dollars trump says he was postponing a new round of terrorism china scheduled for march the first investors increasingly confident that a comprehensive trade deal between the world's two biggest economies could now be within reach. the shanghai composite closed up five point six percent marking its best day in almost four years shares in china have gained over twenty percent for the year now officially trading in a bull market that after u.s. president trump said he would postpone a march first deadline for terrify continues imports he says recent trade talks are going well everybody it's really been terrific i tell you the whole relationship has been outstanding we've put ourselves into a position of strength for the first time in about. thirty five years or probably a lot more than that but china has been terrific we want to make
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a deal that's great for both countries and that's really what we're going to be doing. many in china reacted quickly to the news from washington solutions you see it's a positive signal my company bought some plastic from the u.s. previously which hasn't been taxed by china but we were worried that if relationships got worse china may impose tariffs on those products. so think the model that we trust him i don't think trump is a reliable person he might be good at doing business but as a politician he is not qualified. it doesn't help the trump gave no details on what he called substantial progress on issues such as forced technology transfers and protection of intellectual property rights both sticking points in the bilateral conversation markets took the good news anyway hoping a threat to disrupt global trade might. disappear. and for more let's cross over to
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singapore where andrea hangers following the action for us andrea trump we just heard it has been talking about substantial progress without going into details any idea what progress she could talk about all monica there are a couple of ways to look at it substantial progress could mean that it's coming very long we from the days of bitter impasse between the two countries when those tariff was were happening and now we're close to concluding a deal and miles ahead of their budget impasse it could also signal the start of a new era and that is the post treat war era now it's not the most imaginable most imaginative name but it does carry some part of positive connotations that includes the end of those terror was as well as having the two countries shift their focus on promoting advanced technology. national companies as well as you know getting a stronger control over the economic rules globally did order to get to that point
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and just very briefly what are the next steps all investors mostly welcome the news but right now you know that this still aware that there are a lot of difficult negotiations to come ahead particularly when it comes to china's position off on ip as well as the u.s. gaining control of accountability on china's part over some of some some of these issues as well all right andrea hang there in singapore thank you so much. the mobile world congress the wells largest mobile communications trade has kicked off in barcelona last week some saying the world's largest smartphone manufacturer presented a sensation a phone that unfolds to form a template well now china still way says it's gone one step further. while away says the mate x. is the fastest foldable five g.
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phone in the world. it appears to be a well thought out design to live on the screen folds back to become a six point six inch display bigger than the screen on the foldable phone samsung unveiled last week but the while away device won't be out till at least june those who can wait will be deep pockets and not just to fit the phone it will cost twenty three hundred euros in europe and in barcelona its look don't touch the five point four millimeter thin phone is only on display behind much thicker plexiglas i feel things may actually it's quite amazing amazing me because i say. that it's nice to hold political design i think it's a very useful and i think my position on these too expensive for these
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devices is not ready has a lot of failures i can see right now there's little. i think for the end product when they release the broad it is going to be ready it's another chinese manufacturer royal that thinks of itself as the trendsetter here it already sells foldable smart phones in europe they cost just under fourteen hundred euros. these all are flexible screen you can make a screen fold of all they can is so that you can't have a post the pole the baby teeth and also. the lock screen we're experience to totally change the ways of the traditional design of the smartphone people more design rooms you know way sheets of the smartphone but it's huawei that's the star of the show today the company is going big on five the future mobile communications standard that will see all sorts of home devices connected to super fast internet. for now huawei is concentrating on flashy displays and while the company's
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president has rejected u.s. warnings that the chinese government can use its technology to gather intelligence here at the show it prefers to dance around the issue. of the use focused on but it's caught up with the deputy c. . gemini to find out more about the company's strategy. what way is facing a lot of criticism about the security of its technology with me here in barcelona is now david for deputy c.e.o. of wall way germany david i have to ask you point blank are there kill switches is there any back door that would allow the chinese government to enter your product and get data no there is a no kill switch there is no back doors how are part of the server you know hundred seventy countries fall thirty years. as being tested by al qassam or spy you could governments that konqueror and is there is no backdoor no race no kill switch. but
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currently you have an issue with trust a lot of people have started doubting you how do you want to regain that trust so huawei it will be more transparent will be more open will be more actively to engage with that they've been a stakeholder sort of media to introduce saw solve to promote ourselves. does the current situation hurt your business now it doesn't hurt our base much because our products and the surveys earn a lot from our costumer qassam are like our products like i was service the loyalty is a pretty solid it's. very advanced in in five g. and the five g. frequency auction in germany is just around the corner but it's still unclear how well we will be able to participate what do you expect so first of all we hope they offer increase say could be released as sun. because there's a fire is
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a very important to germany and you remember during the three g.'s time three g. in my whole success and therefore. e-commerce success no almost a catalyst country so far. unique value it's a for the traditional media manufacturer into a three if it's out for broadband it's a low latency make a lot of difference to the way traditional how we make the products you will give their magical wing to the traditional manufacturing industries it's a word confidence that we still have the loyalty from our power to them because our products and the service again there's a lot before us. talking to the deputy c.e.o. if you're way germany micro have blog twitter has come under fire in india and recently blocked a large number of accounts of supporters of prime minister narendra modi's b j p
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posse the reason well hate speech incitement to violence and aggressively miso jenna's stake comments now a heated debate has since erupted over whether to aisha has shown left wing bias and head of the upcoming election twitter c.e.o. jack dorsey had been asked to appear at a parliamentary committee on information technology today but instead he said head of public policy call in crawl the india of course is a huge market which we share with one in six of its global uses their business dwindle to last year with twitter india posting a fourteen percent drop in revenue a k. profits down as well of course what's it all about what's it mean for twitter well that's what we're going to. pick a managing director and co-founder of a factory daily and he joins us from bangalore good to have you with us i believe that this hearing this pall of entry panel has already taken place what's the outcome. yes so does help
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public policy met with the panel it earlier in. the family wants. which is one you want to have an influence free elections the c.e.o. especially when it comes to black widow. facebook and what's. the. our number two we want more transparency on advertisements and sponsors for some prevail and number three they want work rules all will be action star in india my facebook already done some things to prevent misuse of the platform the monster who is allowed more political transparency when times are opposing our producer also hold out made it stricter for being rather dies unless you're president of ours and so on and so forth are so you have to apply in advance if you
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if you are political. so that the alarm changes which triggers make him and who has been asked to give a written reply to all the questions. in the next ten days all right giant evan pick a managing director a co-founder of fact daily telling us a little bit about that hearing today on twitter in india thank you so much. and that is business asia here in the w from me on the team here in berlin thanks for keeping us company. to.
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china's new gateway to the indian ocean quanto this country selling port city lines only misnomer and. chinese and many others are building infrastructure where there was none of the new silk road. or in the newman is flourishing yet pakistanis are happy about it. three thousand and thirty minutes w. . if you ever have to cover up a murder best way is to make an accident. raring to. never read a book like this. mr bridger on the streets. they
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a c w news live from broadway and more pressure on venezuela's president nicolas maduro the u.s. vice president mike pence is to meet lots of american leaders to work out how to bring him down as follows a weekend of fire sauce of presidents troops of last attempts to bring humanitarian aid into venice were also on the program the out of the league on the unite and be european union meet for the first time a high on the agenda of best summits in egypt terrorism and migration.
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