ellen welcome to d.w. business asia i'm going to get johns 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 shoppers 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 life. we are of cause you used to at least two digit growth

figures coming out of asia and now we see all these cooling down in 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 at stake and i mean is it all down to this on go away 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 you

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 more internal more domestic demand and more services. when 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 and 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 in front 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 combing through the trash looking for whatever can be recycled the founder of a technology startup wanted to try and improve their lot 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 wear any safety gear so if you have lost everything in life you have

no hope in life that's when you actually become a tech 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 our own thirty five million kids of us have been recycled through our system and not only that when we speak out on border so we're trying to act as much risk because we're trying to make them into being fired livelihood as much as possible and they get to fix it sally their lifestyle is better they get fixed it worked i mean they get the clear of. their children go to school. 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. it can be produced cheaply and easily and that's the problem. i know one thing every time any small or big problem gets on your plastics your instance. and that'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 you have to be with. growth is not went out of us growth rates are not going to reverse consumption is not going to us. india on zim's could be in the mean until last. even callus sacred to hindus now feed on the non degradable and toxic waste in the streets. but there are new innovations designed to counter the plastic plague.

unfortunately people on. this one new single use birth to return to do some type of marriage if you know how to do it you can use us replacement or plastic the cost of plastic envy green bags are made from starch and vegetable oil 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 i'm now feeling the pinch and for many of them the only way out of the crisis is to sell their properties dozens of luxury villas in 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 price list added bonus turkish citizenship is included how well it obvious you johan explains. a boat trying to on the bosphorus is like a trip through the stumbles history. the impressive mansions lining the shores of the water weight are known as yellows in turkish many were built in the ottoman era

for wealthy onus. they will as a some of the most expensive and exclusive properties in 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 exits and open the doors of their luxury mentions to potential bias. the crisis has been a boon of fadil and who are. ion is a broker for luxury real estate faddle represents potential bias from the middle east to the villa they are viewing today is one of the more modest. age groups two kitchens and two pod has plenty of mobile and the huge landing for a private yacht the asking price one hundred thirty million turkish lira the equivalent of around twenty one million euros all through the lots worse on a society around sixty of the six hundred here in. a moment the prices are lower

right now especially because the lira has lost value that's why demand is high or that it's as they do because. 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 foreign is 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 i put down a lot of money today because of the bull in the future. economy and deliver recover sooner or later then very pressman payoff. 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 the journalists from turkish t.v. dramas 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 kalends 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 m.

the french will hold fourteen point three percent surprised by the abrupt move. and stocks has opened its latest rose street concept store this time in tokyo it is the fifth registry location that stocks as open world wide and already the second in asia the rest are in tokyo's popular knock out may grow neighborhood is also the largest stop box store in the world itself 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 and thanks for keeping the company. country's

economy grow harmony it's people violent when there are doers look at the bigger picture india a country that faces many challenges engines people are striving to create a sustainable future clever projects from europe and india. in thirty minutes on the w. . every journey begins with the first step and every language with the first word published in the. new coaches in germany to learn german why not play with him it's simple online on your mobile and free cell d w z learning course nikos free german

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. this is news coming to you live from berlin. to really. a gesture of peace is welcome. to be free. of the fighting between the two nuclear arms. also the program students.