markets rise after u.s. president donald trump says a signing summit to end the u.s. china trade tensions could be in the cards. foldable phones and super fast five g. technology are both headlining at the world's largest trade fair for the island a street we take you to the mobile world congress in barcelona. welcome to the w business i'm genoud in milan in berlin thanks for joining us a strong start in the trading week for equity markets across the world stocks surged after u.s. president donald trump said he was postponing a new round of tariffs on china originally scheduled for march first that has investors increasingly confident that a comprise a comprehensive trade deal between the worlds the two biggest economies could now

be within reach of addressing a meeting of state governors at the white house u.s. president donald trump said he expected positive results from the u.s. china trade talks. but i told you how. how well we did with our trade talks in china and it looks like they'll be coming back quickly again and we're going to have another summit we're going to have a signing summit which is even better so hopefully we can get that completed but we're getting very very close to that news after trump said he would postpone a march first deadline for terrified on chinese imports. after all the positive signs asian markets breathed a sigh of relief the shanghai composite closed five point six percent higher marking its best day in almost four years shares in china have gained over twenty percent since the beginning of the year officially trading in a bull market. the reaction on the street in china cautious

optimism solution is. it's a positive signal my company bought some plastic from the us previously which hasn't been taxed by china but we were worried that if relationships got worse china may impose tariffs on those products. can 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. questions still remain concerning force technology transfer and the protection of intellectual property rights but markets like the good news anyway hoping the threat of a disruption to global trade will disappear. yes courted joins us now from new york against good to see you now an upcoming trade deal signing summit between china and the us sounds almost too good to be true what would it actually changes anything.

well so far we are still a bit short on a detailed so what u.s. president donald trump was saying that it will be a great deal of what we probably can expect that the u.s. will export more to china agricultural products for example to narrow the you would share trade get per between the united states and china but then there are also two other big demands from washington one is what's happening to intellectual property rights to patents so how can you save those and then on the other side of soul how to get us companies a better and fairer texas to the chinese markets and that remains to be seen how you can force that and how precise that will be a part of those negotiations but overall it's certainly a good sign at least that there is some hope that the terror of so on a chinese imports in the amount of a good two hundred billion dollars will not more than double as. originally

proposed. and turning out to corporate news now general electric was one of wall street winners today could you tell us more about that and. well general electric had a couple of really rough months if not even hears behind they're sitting on the decks amount of about one hundred billion dollars and now they're selling their biotechnology units for a good twenty one billion dollars to danaher and so that is so far a good news so that they can get rid of some of this huge debt blowout the stock of g.e. traded to the upside by a good fifteen percent when trading started by the end of the day only around lots of six percent were left because the downside of this deal is that the biotechnology unit was on not the fastest growing of g.e.

and yes they get the cash but they're also losing one of the more promising parts of their business yeah and carter there with the view from wall street thank you very much. the mobile world congress the world's largest mobile telecommunications trade fair is in full swing but falling global demand for new cell phones has handset makers trying to find that next big innovation that will make it into the mainstream from foldable phones to five g. ready prototypes manufacturers have brought their brightest and boldest to barcelona. sony has built technology used in professional film cameras like these into its latest spark for. the images look practically cinematic you certainly has also made big improvements to it screens the new flagship should hit the market in june and cost around one hundred fifty

euros but certainly has been steadily losing market share. we remain being completely dedicated to address this smartphone industry was the only vices looking for five g. in the future this is going to be a cutting edge technology where it's a very important to remain in this industry for sony and we are completely dedicated to stay within this industry. but certainly only has a prototype five g. phone on display samsung on the other hand is showcasing a fully developed five g. model the chinese manufacture a one plus demonstrates how much is possible with the new mobile technology standard where. this game actually needs the computing power of a p.c. to run since five g. technology allows data to be transferred quickly it can be played on a smart phone. five g. is the big theme of the past alone a trade fair the japanese mobile phone company n.t.t.

do co mo wants to offer its customers attending next year's elliptic games live information via five g. not just for soccer but for other team sports. the traditional mobile phone brand on the other hand he's aiming to win the hearts of amateur photographers with a wealth of camera lenses. five different lenses are installed on the back of the new can i enter q have you. see how i can zoom was an especially photography enthusiasts feel about the images they capture we think we have delivered a really credible solution which lets you capture and force process images the way you like but let let's see what we call how this goes that. the many lenses and how smartphone users to decide what should be in focus after they've taken a picture. now another big topic at the mobile world congress is

security mobile networks count as critical infrastructure and especially china as huawei has been under scrutiny for alleged spying risks as such the company is on a charm offensive in barcelona the w.'s paul christian brits caught up with david why the deputy c.e.o. at weill way technologies germany what ways facing a lot of criticism about the security of its technology with me here in barcelona is now david it won for deputy c.e.o. of well 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 for thirty years. has been tested out costumers by u.k. governments that konqueror and is there is no backdoor no race no kill switch. but

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 will be more transparent will be more open will be more actively engaged with that they've been a stakeholder sort of media to introduce ourselves to promote ourselves. does the current situation hurt your business no it doesn't hurt our base much because our products and the surveys earn a lot from our costumer cost them or like our products like i was service the loyalty is a pretty solid it's. very advanced in five g. and 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 it could be released this sun. because there's a five g.'s of already in politan the two germany. you remember during this time

in my whole success and therefore to make the e-commerce a success no almost a country this country so five g.'s. value it's a fall the traditional media manufacturing industries is out for broadband it's a low latency make a lot of difference to do the way traditional how we make the products five g. will gave their magic the wing to the traditional manufacturing industries huawei it's a word confident that it's way still have the loyalty from all across the month because i will per box and the surveys again there's a lot say fall out. and that was the paul question brits talking to while ways david why about security at the mobile world congress in barcelona and that was your business update don't forget you can always get more news and features on our

website d.w. dot com slash business are follow us on facebook and on twitter full leave you now with this quick check on global markets i'm joined now them alone and berlin thank you for watching.

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