tv Business Deutsche Welle April 3, 2019 8:30am-8:46am CEST
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he trotted front. the rebel army to the one nine hundred ninety four to see. wasn't when. it was and when to us to. follow me to reinforce the colors of the new views what was happening was not floating in a. controversial leader whose success is beyond question. paul. wanted to start. to w. it's time for another round in the u.s. china trade talks chinese wise premier knew he will resume negotiations with his u.s. counterparts in washington today well down tonight and bring a breakthrough. also coming up diana opens a new factory in moscow the carmakers hoping to profit from a rapidly growing russian market. welcome to the business i want to get jones in
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berlin good to have you with us the chinese delegation is making its way to washington for more talks aimed at resolving the country's longstanding trade dispute it's the nine's time the two sides of meeting to iron out of their differences u.s. treasury secretary stephen minucci described the last set as constructive prompting hopes that a resolution could be close but at a republican fundraising events last night u.s. president still much trouble continued to talk to. john. trading abuses and theft of intellectual properties and so many other things that they've done to us i don't know how you people allowed this to happen for so many years you've been here longer than me but they really have they've taken advantage of our country. and you know what i respect them for i say it we should have been doing that to them. donald trump talking last night now in order to fix the trade
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imbalance washington imposed tariffs on chinese goods threatening to increase those terrorists from ten to twenty five percent unless the two sides can reach a deal the u.s. is pushing hard for improved market access in china washington is insisting on data protection against product piracy and wants an end to beijing's practice of forcing foreign companies doing business in china to give local companies access to the intellectual property the u.s. is also taking aim at state subsidies in key technologies such as the semiconductor industry at the same time china is expected to further open its market for agricultural products from america now the chinese side on the other hand is already responded by imposing its own sanctions on u.s. products but beijing is also expected to concede on some areas of conflict and make concessions on aspects such as the import of farm products so now that we approach
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the ninth round of trade talks between china and the u.s. will it be the decisive round let's bring in w.'s correspondent in high pay william young william what can we expect from those talks today yes monica i think we can expect that both sides will try very hard to resolve the differences in how to implement and enforce the final trade deal while china and the u.s. have resolved a lot of the outstanding issues in the last few rounds of the talks two issues remain to be resolved in today's discussion one of it is that beijing still wants washington to lift all the existing terrorists on chinese goods while washington wants beijing to agree to the terms of the enforcement mechanism because it is very important to ensure that the gene will abide by the rules but said it is ready to make concessions how will that impact talks and what are chinese making all that.
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so earlier this week china announced that they will stop applying the terrorists on cars and out of parts imported from the u.s. and experts they view it as a night or goodwill gesture from beijing because the shows that they are still willing to sit down and try to reach a final deal with the u.s. and with the optimism that we have been hearing from both sides for the last few weeks it shows that both sides of very very knows the stake here very well and if the talks are as that starts today that goes very well it could pave the way for xi jinping and donald trump to meet later in the near future and sign a final deal ok so there could be another round in between william young there reporting from our studio in taipei thank you so much. a world trade organization warns that world's trade growth is slowing at an alarming rate blaming political instability caused by the u.s.
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china trade and the mayhem surrounding brics it and the w t o isn't the only body sounding the alarm. the world's leading financial institutions say the global economy is in a delicate position that it needs handling with care the international monetary fund says the trade conflict between the us and china is to blame specifically we have looked at what might happen if tariffs on all goods traded between the u.s. and china went up by twenty five percentage point point that would entail a reduction of g.d.p. of point six percent for the united states. and one point five percent for china. do them up. the self-inflicted wounds the tribute void to the gods messages clearly aimed at american and chinese trade
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representatives in the weeks now they've been trying to find a solution to this simmering trade conflict the clock is ticking and international economists hope to trumpet ministration who heat the warning. all right for more let's bring in john milton my loan at the franklin stock exchange good morning to you janelle amid all the doom and gloom the market holding up. good morning monica well pretty well considering the docks appears poised to follow the lead of asian markets which of course have been boosted by optimism over a potential u.s. try and china trade deal now of course there's been a lot of news for the markets and i just this week that outlook just being one the deadlock over brags that being another all of those of bad news to be sure but none of them knew bad news and these are these are ongoing developments and investors are very familiar with this narrative already and we're only in the middle of the trading week but from where i'm standing there's been this trend to focus on the positive say like strong data coming out of china while ignoring the negatives just
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like that i.m.f. outlook but of course of course you know there are still risks in the form of surprise twist say there is there is no u.s. china trade deal say it escalates or there is no clear way forward for bribes that well then there is definitely be a mood change here in the market all right so you say that for investors the glass is never half full that lived in their own sort of sense of reality and if you say looking at some mistake possibilities there is there a light at the end of the tunnel. well the i.m.f. did say that growth is expected to pick up later this year assuming the best case scenarios for those big concerns through the global economy like trade and brags that the federal reserve and central banks are also slowing down the pace. raising borrowing costs have town down recession and fears somewhat but christine legarde also took this opportunity to once again advise governments to address of the.
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problems contributing to global economic weakness like high deficits and debt like i like. being better at. being better at clamping down on tax avoidance so that is something that governments have to do in order to be able to achieve that light at the end of the tunnel all right general don there reporting from a still empty frank stock exchange thank you so much. that was industrialized economies are struggling maintaining grows asia is powering ahead in his latest economic outlook the asian development bank is once again forecasting growth rates of over five percent for the near future driven largely by india and china but analysts say where there is growth there's also risk the red flags might have been waving bravely at the beginning of march in beijing but the people's congress that took place then focused at first on risks and problems chinese
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premier league kick young blames the united states for slowing growth around half of all his country's exports to the us have now been slapped with tariffs. china is the largest economy on the continent growth there is now hovering around six percent that's lower than at any point since one thousand nine hundred ninety and it's having effect all over asia. continent wide growth slowed to six percent and twenty seventeen but last year it hit the skids even harder than its forecast for twenty nineteen the asian development bank predicts growth numbers will continue to drop it expects the trend to continue until at least twenty twenty . and asia is facing a range of other risks as well including potentially serious disasters caused by climate change like the record breaking flooding that hit the southern indian city of corolla last year it killed hundreds of people and destroyed the homes of over two hundred thousand more in its report the development bank also warned that these
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kinds of catastrophes would hit poor countries and regions hardest because they were economies were especially vulnerable to the effects of climate change. german luxury car make a dime getting ready for what could be a high profile event timeless brand to most c.d.'s will open a new plant in moscow today german economy minister peter my ability into the ceremony and russian president vladimir putin is also expected to join russia's comet is growing again and german car makers are all fighting for a piece of the pie. dimer is hitting the gas with it's the series in russia the model is being built in moscow in this brand new factory the german car maker has pumped over two hundred fifty million euros into it soon it'll be cranking out s.u.v.s as well after years in the dumps the russian car market is growing again. at a system of course this is the fifth largest market in europe so german companies
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are acting consistently by investing here and building up production sites on a dime or wants to profit from russia's dynamic auto market around one point eight million new vehicles were sold here in twenty eighteen and sales are speeding up. opel is also trying to get back on the russian road that left three years ago but now wants to return it's looking to open around twenty dealerships the investment climate has improved despite the fact that the country has been slapped with wide ranging u.s. sanctions. the u.s. sanctions are counterproductive because they create uncertainty in the market and aren't specific enough pretty much any company can be affected by them even in his answer on the call from the v.w. is investing in the russian market for the long term with sites like this factory in kaluga engines made here will go into models manufactured mostly in the czech republic and spain things are less positive at ford it's looking to scale back its
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russian production dramatically the u.s. based company has been a loser and the price wars. have civil of sorts made a mistake was its pricing policy russians were used to cheap ford cars that they could afford then ford raised prices very quickly. not as damaging a move in the luxury segment perhaps b.m.w. customers are always more willing to splash out but especially in russia. it was remarked the russian market has potential we increased sales by twenty percent last year and see room for growth with new models fueling demand with normal dollar and german carmakers are only too eager to keep the customers satisfied. and that's the business update here in the w. from me and the team in the end thanks for giving us company.
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on the seventy seven percent talk about the. front part two flashes from housing to top this is where. welcome to the seventy seven percent. for you to six g.w. . welcome to news from the world of culture why has a new exhibition in paris renamed classic masterpieces well find in a minute also coming up. a top architect whose inspirations include her childhood in war torn beirut as well as the simple beauty of nature.
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and you've probably been to plenty of parties in your time but i bet none come close to this zero gravity policy do not try to. but we begin with a rather unique exhibition that has just opened in paris which is renaming classic paintings it's at the music and is called black models from jeffrey cole to matisse and it's all about black models who featured in famous paintings getting recognition or any recognition at all be chatting to my colleague david lesser leavitt's in just a minute but first is report. money a painter considered by many the father of modern art in the foreground a milk white prostitute who stare shocks in one thousand percent reviewer's and who for a century and
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