trouble is you know you're a back series diplomat and then in the sunlight sure isn't anything i love you even once you should once again certainly looks like a tough choice like me just like to see the 50 nations of the 50 story. and 50 very personal tips on berlin's very best in terms of food. food now planet earth let everyone kong d.w. . cut. hold on to your smartphone china says that could interrupt the supply of rare earths to the united states to boost its leverage in the 2 countries trade dispute we'll talk to our correspondent what to make of the threat also coming up media juggernaut disney says it be very difficult to keep filming in georgia if the u.s. state's controversial abortion law takes effect and is damaged art still art or

just a write off we'll take you to an end sure. of imperfect. i'm chris cuomo welcome to the program. markets in asia fell on thursday after a top chinese diplomat accused washington of quote naked economic terrorism investors have been growing increasingly nervous after trade tensions between the world's 2 leading economies economic powers escalated last month and in a new twist of the dispute china is now threatening to stop the ifs export of rare earths to the united states and that would be a big problem smartphones laptop aircraft engines and missiles rare earths are vital to make many key products and rare earths are a group of 17 elements let's take a look at those syrian is used in. catalytic converters in cars baskets i used

in the nuclear industry knew dimmy m is used to make magnets and lanthanum is used in camera lenses they are not as rare as the name rare earths might suggest but can be hard to mine and damaging to the environment not china supplies nearly 3 quarters of the world's rare earths 120000 metric tons that is other big producers include australia with 20000 tonnes the us used to be a big producer but now just comes up with 15000 tonnes now for more on this let's cross over to our correspondent in taipei to saying han is there welcome to what is the strategy here now that china is threatening to cut the rare earth supplies to the united states. yes chris as you mentioned china is the global leader of rare earth 90 percent of the world's rare earth production is

from china and we know these minerals are critical to many factors of consumer electronics military equipment and semiconductors since there are limits to retell it retell it terry tariffs china could access on u.s. imports these minerals are probably one of the only left of u.s. tariff list that's why it's a potent warning and it will also show american president donald trump attack on chinese telecom huawei has a cost now could this strategy backfire though. yes you're right chris it could backfire even such a ban could hurt you hurt u.s. companies in the short term but in the long running conflict china has rare earth advantage mine not last though chinese dominance under result from lol processing cost and a ban it would raise its price stimulating non chinese output china could be taking

big risks that's why probably that's the reason why they haven't used it in the latest twist of this trade war we heard that one chinese official accused the u.s. of quote naked economic terrorism how has the chinese economy been impacted by this dispute so far. well of chinese economy grew at 6.4 percent the 1st quarter is the slowest in the 30 years but is still much better than the expectations of many analysts but since then the chinese economy has son size of witness and if the united states carry out its plan imposing tariffs on the remaining chinese exports chinese colony could lose its momentum this year so many critics believe that g.d.p. growth my drop to 6 point one percent down from 6.6 percent in

to 2018 and through briefly if you would this dispute has also been fought on the airwaves tell us more about why this morning in beijing time 8 o'clock about 820 and her from the fox news trish reagan and he she has a debate with the chinese and her person and the ocean is from the chinese state run media and they had this debate on many issues of the trade war from the technology transfer and chinese theft on u.s. copyright and even on china's state capitalism well it's very entertaining and i think we all should take a look so it's and i'm reporting. thank you so much. now boeing c.e.o. dennis martin burke apologized to the road his of all victims killed in 2 deadly

737 max plane crash that left almost 350 people dead in the space of only 5 months mr went on to say that the company had fallen short of communicating properly with regulators about the plane's quote angle of attack sensors this comes after the head of the international air transport association said the company's fleet of 737 max planes will likely stay grounded until august. and staying in the aviation sector happy birthday to airbus the pan-european titan has just turned 50 but the celebrations were decidedly low key along with so many successes the aerospace company has also had its fair share of flops. for a global industrial giant this was a rather low key anniversary party airbus celebrated its 50th birthday with a company picnic employees got a souvenir key fob and free ice cream and there was

a fly over. to celebrate 5 decades for the pan-european aircraft builder which was created in 1909 by german and french politicians. airbus is now headquartered in the netherlands with major production sites in france germany spain the u.k. as well as china and the u.s. the company employs some 130000 people and has built 12000 commercial jets so far in fact it's best selling its $320.00 is in service so much one of them is landing somewhere in the world every 2 and a half seconds. one dominant theme runs through the history of the company its competition with american plane builder boeing the rivalry between the 2 aircraft makers has propelled both to major innovations but at times has also cost them dearly for airbus the a 380

a direct competitor to boeing's dreamliner became the company's biggest corporate failure the 25000000000 euro program was scrapped last year after airlines lost interest in the supersize jet and its anniversary year bearable seems more focused on its future than its history among the challenges the company faces are a changing innovation market environmental concerns new technologies and brags that . the political battle over abortion rights in georgia could cost the u.s. state's economy dearly georgia is a major hub for the movie and entertainment industry but now some companies are looking at their business there and threatened to pull out of the states the latest no other than disney. the story takes you to new york tokyo and even into deep space but this year's greatest blockbuster was filmed almost entirely in atlanta avengers and again it's just one of many movies produced in

georgia a southern state is one of the biggest production helps in the u.s. even surpassing california as the state with the most feature films produced. but with conservative forces turning back the clock on abortion and threatening women's rights many of the traditionally liberal studios are threatening to leave. many people who work for us will not want to work there and will have to heed their wishes in that regard right now we're watching it very carefully if it becomes law and i don't see how it's practical for us to continue this shoot there. with netflix also threatening a boycott the state's movie industry seems in peril and the potential damage huge business insiders pick the economic impact of georgia's movie industry at around $10000000000.95 jobs. meanwhile the fight continues and for georgia governor brian camp it is more about faith than business

. we are called to be strong and courageous. and we will not back now we will always continue to fight for life george's radical abortion ban and similar legislation in louisiana missouri and other bible belt states is expected to be challenged in court. with more and more fine art being shipped around the world between galleries and museums and buyers more and more gets damaged most of it is in short of course often for millions of dollars and when a claim is made and damages are paid what happened so they are well it becomes property of the insurance company though they frankly don't really know what to do with it is this no longer art is a dummy must a piece tell a masterpiece these works have been taken off the market they have imperfections

most likely cost in terms that someone helmut newton photographed with margaret thatcher scratched invented it. peter lin facts peace has a small split in the frame so should they be penned or are they still worth something and is a product at the here that's the question we have to ask the object stored total writeoffs meaning we paid out the full insurance value for them. we could actually check them out but for me a financial write off isn't necessarily a cultural write off. this is one of the biggest asked insurers in the world just 2 years ago they started paying to keep the art hair in storage and they say it's not necessarily a graveyard it's knowledge comes from door is the art isn't lost entirely we really believe it can be preserved so you never knew restoration processes that could

preserve certain pieces about lived the p.s. that italia by georgia carrick i would probably be worth a 1000000 euros if a wrecking ball hadn't bashed into the wall it was hanging on for now it waits there with the other rejects piping for a new lease of life. what do we learn to be careful with that wrecking ball that wraps up our show for more check us out on twitter or facebook also as usual i can recommend our website to you fred stay w dot com slash business for now and thanks for watching have a successful day and we leave you with a look at what's happening at global markets at this hour.

what secrets why behind the small. find. most of experience and exploring fascinating cultural heritage sites. w. world heritage $360.00 could be up.

not often kept the jet well i guess sometimes i am but i found nothing which is that the german thinks deep into a german culture of looking at the stereotype the question you think the future of the country that i now live. needed to be taken as grandma down. it's cold out there. i'm rachel join me to meet the germans on the w. post. greetings from berlin and a warm welcome to news from arts and culture and this time we've got some monstrous fun lined up as good old godzilla rises again and also coming up. happy sad and sometimes just plain ordinary an international collective a photographer's shines

a light on the human stories beyond the headlines in every day for come in. and in our series 100 german must read the newest book on the list get 5 philip delves into the psyche of violent soccer fans. stepaside king kong because the biggest baddest movie monster is back and i'm talking of course about the giant radioactive lizard godzilla as the hero of dozens of the movies he's returning for this summer as the 1st of the big blockbusters and this film is called godzilla king of the monsters which harks back to the original one so we'll get the lowdown from our movie man scott roxboro who's got this report for us. world is changing. to various extinction we feared. has already. monster movie fans have had a little long time to be the $200000000.00 blockbuster from the shooting 2 years

ago now just in time for the summer season godzilla is back.