tv Business Deutsche Welle April 17, 2019 8:15pm-8:31pm CEST
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not in tribute to not to tough thing the country's iconic gothic church was devastated by fire on monday night's president macross home a special cabinet meeting to discuss plans to rebuild the landmark within five games. business after go out with a ban for suitcases up next i'm going to. coach a british. tour link to news from africa and the world tour link to exceptional stories and discussions. as it is easy to ally with safety deputed come smoke free coffee join us on facebook g w forgot. her first day of school in the jungle. first clueless of the
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blues. band doris green the moment arrives to. join during the tang on her journey back to freedom. in our interactive documentary. the world. returns home on d w dot com tang's. is a nice surprise for chinese growth to impress the bestest but analysts say the official figures with caution. eyeing the big bucks consultants say nigeria's music market concerts were explode. the kind of president still has stands up for africa women calls for the removal of obstacles books entrepreneurs. as well and that's their business. finally some comfort for investors efficient line in china today the
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slowdown in economic growth is not as bad as thought course the mystic rose in the first quarter by six point four percent year on year and what surged last month. news that china's economy had risen six point four percent in the first quarter comes the welcome surprise week global demand in a bruising trade war with the united states is way down the world's second largest economy for months beijing warns china isn't out of the woods yet. given slowing global growth and trade international uncertainty and domestic structural issues reform in development is an arduous task downward pressure remains. the uncertainties include the trade dispute with the u.s. it has dampened export growth and rattled market nerves investment is dropping their concerns about real estate prices and chinese consumers are spending less to soften the blow china has lowered labor costs and introduce tax cuts beijing is also trying to support ailing state owned firms while restricting capital exports
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to prop up the currency the measures are temporary reprieve beijing now faces a delicate balancing act to support businesses in need of credit without having to debt data last week showed chinese exports soaring past expectations in a sign that economic stimulus may finally be gaining traction meanwhile industrial production is growing at the fastest rate since two thousand and fourteen with growth from traditional industries as well as telecoms and tech. but some experts are asking about the reliability of chinese data the washington based brookings institution says china's real growth rate is actually two percentage points lower than the official rate. and let's talk to cliff it couldn't about this he's covered the region for years the global economy as we all know depends on china and investors around the world place they have bets on that growth rate but how trustworthy is it when i think that the investment banks and investors have always relied on the data because they have to they've no alternative but they've always
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had suspicions this goes back to history to the time of the dawn when local governments used to pretty much say what they thought the central government wanted to hear so there have been suspicions because of that and those there's still some lingering concerns about whether the real picture is being presented to the central government when they provide the information whatever the exact numbers actually are the wheels of a mammoth economy are in motion and they're moving it's an economy that is moving extremely quickly but how healthy would you say it is i think as you say this is a massive economy under house expounded whatever the detail of the g.d.p. figures for example the economy has definitely expanded by a considerable amount it's slowing down but we're talking about lower percentage increases of a much bigger pie so in that way i think the fundamental health of the of the chinese economy is very robust however there are question marks to how it will deal with some of these issues that it's facing at the moment such as the u.s.
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trade war and other issues well how is the trade dispute playing into things it is more of a political thing or is it actually having economic effects big economic effects i think where you're seeing the economic effects particularly are in the size of the country where a lot of the manufacturing is based because they would traditionally be the bigger exporters they're also reliant on that input from the u.s. so they're definitely feeling it but it's largely a political issue too that this is about the two great superpower is the emerging superpower and the existing superpower juking it out and one that could overtake the other very cliff thank you very much. are we looking at a new global player in the music business studies predict nigeria's industry is set to explode in the next few years. the big question is where proceedings will end up using the one hundred reports.
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by putting the finishing touches to an artist's contract she's a label manager at nigerian media and entertainment company called chocolate city music which recently signed a major partnership deal with born of music for. what. it gives more visibility on the platforms that we already have right now because we are spotify we are and we are and. this gives us an opportunity to be more visible on those platforms i think that for us is what is most exciting the company is also helping to arm off from royalties for example from performances by science artists like. that in other markets violently payments are already commonplace. if an artist performs. to you in london to would report back and pay the issue that we've been struggling
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with is within major. pain the amount they're supposed to pay the right time the relationship was sort of the right international pressure that we need within the market to get the structures working right they should. another chocolate city music artist who could benefit from these new structures is soul singer ruby she is currently working on her second studio album and has a somebody whole so brightest by production session. darkness. like that would warner could make such sessions more profitable for local business owners. there's no right to. actually write music and not just give someone or maybe get paid a small amounts of money for it but the fact that i could write music given to an artist. for life international stars such as fern o'meara's.
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and harvey d. are all fired by warner music sounds promising it's a routine. i would be i was fantasizing about because. i would love to work with last years someone in music site nigerian artist whiskey he then collaborated with major artist cypress crown but most of the money went to foreign markets in this warner deal make sure that the money stays on the cards and they're not. they saw that vision and they want to make sure that we build not just sub-saharan africa because without sub-saharan africa you can have the content coming out of there it's unclear how the deal with warner will influence the journalist local music industry but chocolate city is hopeful that it might bring even more awards in the future. joins us from lagos how do nigeria musicians make
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a living when they don't get royalties. they make them through partnership deals so actually when you entered a country of nigeria you will see the thing go burn a boy smiling at you with a bottle of star be in his hands so this is a brand and most other nigerian artists make those their money in their revenue through deals with pepsi shell and then additionally to that of course touring and ring tones are very popular and the labels profit off of that because they have such called so-called three sixty deals which means they make money off of everything the artists do. we don't have to worry about the big poor artists but what isn't the first label to get into nigeria tell me a little bit about how its involvement is key here. well the special thing about warner is that they have collaborated with a local label so we've seen the past two years universal music and sony music also building proper offices in nigeria which makes nigeria one of the only countries in africa to have all major labels involved but the warner deal is special because
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it's a partnership and tell me why nigeria why not other african nations there are a lot of other african countries with great singers and great african music. well nigeria has shown a big growth rate so we have twelve percent growth which is extraordinary compared to other markets also it is the most populous country on the continent so you have a bigger base of consumers you can reach and a key factor is it's an english speaking country so for example fall is currently burning up the billboard charts that would be less likely for maybe a french speaking artist from a lot of reasons that make nigeria profitable one of the little thing i want to point out with you i find it really interesting that the music industry is so professional such good seeing is amazing video as we saw what about nollywood i mean nollywood does not seem to be up to beat.
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interesting because not only would doesn't show the growth in the same way as the music industry has been a report that has been recently released and people are aware of the films but economically speaking they just don't have that pool the way the music industry has it i think what could play a role is the digital aspect of it so we have streaming and maybe the string platforms as far as television are concerned are just not as advanced yet what about you are you a good singer. i would say so yes in the shower i'm a good thing yes. i also saw you practicing as you were setting up your live shot there if you've got the rhythm that's. ok well that actually participated in the writing so i said. thanks very much for joining us from lagos. thank you very much for having me it was a great pleasure and poverty continues to grow in africa and yet women would help
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if they could or just too many obstacles for female entrepreneurs in africa and ivanka trump who has a message and some spare change in her. walking with usaid administrator mark green to trump told the women of the cocoa plantation they will soon be getting two million dollars it will come from the african development agency in the private sector and is aimed directly at them. so today conjunction with the world cocoa foundation and all the private sector partners from freight companies who joined us today. ministry to clean mentioned several of ours in cargill. to join us here. to celebrate what happens when you're in power when. the president of the coyote co-operative says the money will help them diversify into commerce. secretary. what struck me about her which i liked is that she said she will give money to the women of the
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co-operative or rather to women to take charge. to the women so they can work so they can have several incomes. so the children can go to school. this cocoa work is not enough so. this is. the ivory coast world bank summit brings together the development bank executives private sector leaders and business women to discuss support for africa's female entrepreneurs. i was doing business with. the for.
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the for. the conflicts are confronting the powerful. the most of those are treaty organization nato has just started seventieth birthday but it wasn't a happy one my guess this week here is nato headquarters is rose go so must be organizations deputy secretary general kofi she's now acknowledged the great so close serious splits in its unity conflicts in sixty minutes.
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and on demand. language courses. and. any time. after. clocks. this is deja news africa coming up in the next fifteen minutes with the continent reflecting. on the full of algeria's of desis pacifica and saddam's obama share what happens often the dictators have been deposed we have a revolt from the gambia we're one of the co-chairs this tells us not much has changed since yeah your job they left office. sort of opportunity to be a part. in trying to serve him to change this country to. see the good news needs to.
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