business opportunity to go to india where new waste management systems create jobs and clear the street. ellen welcome to w business asia i want to get germs in berlin thanks for joining us so the truce between one and beijing has been extended but the fallout from the still and results of the u.s. china trade conflict as nevertheless taken a toll on factory output across asia activity in china's vast a manufacturing sector contracted for the third straight month raising questions about beijing's ability to stabilize and already cooling economy japan's factory gauge fell at the sharpest pace in two and a half years amid a slump in orders and data from south korea shows its exports plummeted only india is bucking the trend with the expanding of the fastest pace in over a year. now that's

a lot of data of course let's bring in our market correspondent buson to fill all the data with live we are of course used to at least two digit growth figures coming out of asia and now we see all these cooling down and asia is an important market for european business how worried do we have to be. well quite worried if you take the german automakers for example all the suppliers for the car industry china and its growing middle class have been a growth driver for them in recent years our take b.s.f. for example this company is not only running europe's largest chemical plant it's also at the moment building an exact twin of this plant in china billions of euros of it investments have been made there and of course there's a lot of stuff at stake and i mean is it all down to this on go

a conflict between washington and beijing that trade conflict which is creating ripples all the way across south korea and japan or is there more to it i know there's more to it it's a combination of factors we should not forget that china has been transforming its economy for quite a while now the chinese government wants less manufacturing less exports and more internal more domestic demand and more services. next week the parliament in china will come together the overall growth rate the expected growth rate for this year will be reduced to a range between six and six and a half percent that's down from a six percent six point six percent growth rate in twenty eighteen this slowdown is part of a plan but the trade spat between the chinese and the americans has you know accelerated

this transformation it has made it much more unpredictable much more disruptive all right so we all look forward to the weekend for a little bit of a break there was an frank thank you so much. now it's an environmental disaster endangering the health of humans and nature and we're talking about rubbish it is a growing problem around the world in india an initiative is now awarding cities for their efforts to be rubbish free now that is commendable but it's still a long way to go luckily there are young entrepreneurs who see an opportunity to turn waste management into a business that benefits both the community and the environment. from delhi to bangalore a lack of functioning waste disposal systems means refuse has been piling up for decades in india. scavengers comb through the trash looking for whatever can be recycled the founder of a technology startup wanted to try and improve their lot that one dollar two

dollars a day to put their hand in the trash never know what to get in contact with they're not they don't want anything to go so if you have lost everything in life you have no hope in life that's when you actually become an actor because. with its modern recycling facilities i got garbage is tackling india's trash crisis and providing a better workplace for the waste because. we have done that on thirty five million kids of the second through our system than around eight thousand we speak that on board it so we're trying to make x. as much risk because we're trying to make them into a dignified livelihood as much as possible and they get to fix it sally their lifestyle is better they can fix it work dining they get weekly are above it isn't going to screw. the system links up factories and households with trash collectors to bring waste to recycling centers instead of landfills. together they've gathered

up thousands of tons of garbage and the network is growing. india's refugee crisis is being fueled by one thing above all plastic you can be produced cheaply and easily and that's the problem. i know one thing every time any small or big problem gets all your plastics your innocence. and it's the most effective and for that one reason it really will be. there's no what it was in the group. the government can ban certain perhaps. which are the extreme nuisance but the rest of the problem we have to be with. growth is not going to have us growth rates are not going to reverse consumption is not going to the west . india consumes could be mean and so last. even callous sacred to hindus now feed on the non degradable and talks of waste in

the streets. but there are new innovations designed to counter the plastic plague unfortunately people are not ready to turn that have that addicted to it this is one to use single use batiks so if we have introduced some i don't know if you if you knew you don't seem to have read your can use as replacement or plastics and the cost of the plastic. nv green bugs are made from starch and vegetable all derivatives and biodegrade in just a few weeks. but the lack of proper waste management is flooding plastics and other harmful garbage into india's rivers and cities. addressing waste effectively remains a global challenge. the international monetary fund has revived a one and a half billion dollar bailout plan for sri lanka the program was suspended over a power struggle last year when the president sacked to the prime minister and call

new elections the two month political rally that followed it drove economic growth to its lowest in seventeen years the i.m.f. expects relaunches growth to improve to three and a half percent this year and the i.m.f. loan is crucial for sri lanka as it struggling to repay nearly six billion dollars in foreign loans due this year. the crash of the turkish lira has not only hit average citizens hard even the rich are now feeling the pinch and for many of them the only way out of the crisis is to sell their properties dozens of luxury villa say istanbul are currently up for sale for bargain prices and some of them are eagerly snapped up by wealthy arabs because they come with a priceless added bonus turkish citizenship is included how well it obvious you johan explains. a boat tried on the bosphorus is like a trip through the stumbles history. the impressive mansions lining the shores of

the water weight are known as yeah lists in turkish many were built in the ottoman era for wealthy onus. they live as a sum of the most expensive and exclusive properties istanbul has to offer and usually you only get close to them this way on the water but since turkey's currency crisis last year many owners are seeking to monetize the assets and open the doors of their luxury mentions to potential bias. the crisis has been a boon of fadil and who i hunt. is a broker for luxury real estate a fight it represents potential bias from the middle east to the villa they are viewing today is one of the more modest yellows it boasts aid rooms to kitchens and to potus plenty of marble and a huge landing for a private yacht the asking price one hundred thirty million turkish lira the

equivalent of around twenty one million euros all true there are lots worse on a society around sixty of the six hundred here in. the moment the prices are lower right now especially because the lira has lost value that's why demand is high or they get there david. it's not just a property market on the bosphorus that has been changing dramatically in the past year while many turkish people can no longer afford to buy homes sales to foreigners have risen by eighty percent above all to buyers from the arab world and the turkish government recently announced that foreigners buying real estate for more than two hundred fifty thousand dollars can receive turkish citizenship. my clients are currently investing in real estate. were convinced that if they put down a lot of money today because of the bull in the future. turkish economy and deliver will recover sooner or later and then very fast payoff.

of course and there is another reason why the waterside villa's a so popular especially with buyers from the middle east. many arabs are familiar with for ya lists from turkish t.v. dramas but even on television over time in the arab countries because people are crazy about them. sometimes my clients call me and say i want to buy from my favorite series is. the viewing is over for today the two realtors intend to continue bargaining. so it's likely that this mansion and its spectacular view of the bosphorus will soon change hands. the french and dutch finance ministers say they will work together when reviewing air france caleb's operations in light of the new shareholding structure they met

for a crisis meeting in paris today trying to address the outcry created after the dutch government purchased a twelve point six percent stake in air france tail end the french will hold fourteen point three percent surprised by the abrupt move. and starbucks has opened its latest roaster. concept store this time in tokyo it is the fifth registry location that stop access open well why don't already the second in asia the russia in tokyo's popular nakama grow neighborhood is also the largest stop store in the world it's us hundreds of different types of coffee and teas plus pastries and wouldn't you know coffee flavored cocktails. well just that that's a business asia here on t w thanks for keeping us company.

in the country's economy grow. people meant when there are two words to look at the bigger picture india a country that faces many challenges and those people are striving to create a sustainable future clever projects from europe and india close. to minutes on the d w. we make up oh but we watch as folks that under educated we are seven seven percent. want to shape the continent's future. to be part of enjoying african youngsters of testing share their stories their dreams and their challenges. of the seventy seven

percent of. platforms africa charedi. here's what's coming up in the book so much movement to complete this thing. went to school the next. six months take a look at what all that means for the type of flux. if someone does live every weekend here on t.w. . the players. table. stakes petroleum claims in a poker game of poker kind of money the competition is fierce close most important natural resource. betting checking how long will they be able to play

and who will win playing poker if the jew little investigation starting march eighteenth volunteer w. play. this is news live from far away pakistan prepares to release a captured indian pilot calling it a gesture of peace and hero's welcome awaits the indian wing commander is set to be freed soon from pakistan but will the move avert war fighting between the two nuclear arms from a verse. also coming up students in germany stride.