industry also willing to do its bit to keep the economy growing. but come to business asia money cajones of berlin good to have you with us and we're starting with saw. soybeans like the ones you see behind me help feed the world but they could also be a sign of trouble on the horizon china is said to stockpile around 7000000 tons of american produced soybeans according to media reports and they were purchased as part of a truce in the trade conflict between beijing and washington last december normally they'd be used to feed chinese livestock the traders say china aims to store the soybeans a move that could mean that beijing is going down for a drawn out conflict with washington. all right china stockpiling soybeans is this a sign that it is also preparing for a protracted trade war with the united states let's hear listen to water the financial world europe is thinking about conrad was and joins me now at the

franklin stock exchange come on do you use think that this could mean that china isn't too optimistic about this trade war to be resolved anytime soon. you know more because there is a lot of room of speculation here this is a very entranced barrel market and china is not letting out a lot of doubt about you know import volumes about stock planning or piling planning. but of course that's what you could hear from people in commodities trading their reading is that of course this stockpiling of soybeans instant china is a sign that china is getting prepared for a long trade spat the next oil harvest in the united states is in october assault by a stockpiling soy and now china can make sure to become less independent from its american suppliers in the fall. well let's not forget china is importing much less

from the united states than the united states is importing from china so every item every little good currency here. is a little bit of breathing space for beijing there asian stocks of course have been trading lower and most recently also tech stocks so there's a good reason for it don't go anywhere because you as authorities may be preparing investigations into anti-competitive behavior of leading tech companies the wall street journal says the federal trade commission will lead any antitrust probes into facebook while the justice department which examined google president donald trump has repeatedly accused media platforms of bias and censorship and there i would like to get back to our financial market correspondent susan who is still with us hopefully in a frank 3rd to tell you our common odds are against it what are we looking at here this sounds 7 strangely familiar is washington now imitating brussels in its stance

on tech giants. it's too early to say right now whether or not those investigations in the united states will really end up in huge fines like they did here in the european union for example in the case against school but what's striking here is that those allegations in the united states at the moment are really coming from many different political sides you have all the one hand the trump administration but on the other hand you have congress with politicians from both sides of the aisles you know republicans and democrats ramping up their rhetoric against the city come valley firms and that of course has to do with the presidential election in the united states next year already now it looks like everyone. is pretty much in campaign mode. and of course this makes many people on the market suspect that the rhetoric against silicon valley will get fierce and stronger and more negative that's very difficult for investors to reckon with

absolutely that creates ripples across global stock markets come up was a factor thank you so much. well leaving the looming antitrust probe aside it's business as usual for apple from the fact that there were no dazzling new products too while the taking is gathered at apple's developers conference instead to take giant announced a raft of updates to the operating systems wrong the i phone i pad apple watch and back. apple's a new will w w d c gathering in san jose is monitored with almost religious intensity but the developers and funds of the tech colossus. as one of the world's most valuable companies it's also keenly watched by investors who hope apple services business will boost revenues and profits sales of its signature i phone decline. this year the focus was on media content and services rather than technology and hardware innovation. apple also bade farewell to one of

its signature products the i choose music download service. the future of music our i tunes is not one out but 3 the music apple pod cast and t.v. . the end of i choose which started in 2001 was long expected updates to privacy measures include a new sign in as an alternative to logging into apps using social media accounts hiding the user's e-mail address and data. on your debacle next time you're in a new dark mode will allow i phone apps to be viewed with a black background. and apple announced an update of its powerful $6000.00 mark pro on the rumors of dissent $20000.00 models are stand was slated sometimes even devoted followers balk at the price tag. u.s.

presence donald trump has offered the u.k. what he calls a very substantial trade deal once britain has left the e.u. on the 2nd day of a state of this it met prime minister to resign may they have a discussion with business leaders from both sides of the atlantic significant advantage from the rallies taking shape while parts of london on security lockdown . donald trump is also meeting with c.e.o.'s from u.s. and u.k. companies with the ongoing uncertainty over brick said british businesses are hoping to cement transatlantic ties. he came he saw. he tweeted. big trade deal is possible once the u.k. gets rid of the shackles are ready starting to talk the u.s. president rose as he prepared to meet u.s. and u.k. business leaders in london. the shackles he is referring to. great drawn out process of leaving the european union. but is the promise of

a big trade deal with the u.s. anough to offset the potential chaos the u.k. could face if it leaves the e.u. without a deal the relative size of the u.k.'s trade relationship suggests it may not be. in 2017 the u.k. imported 11 percent of its goods from the u.s. compare that to well over half from the european union while 18 percent of british exports went to the u.s. a far larger 45 percent went to the e.u. . that said as the u.k. braces for a future outside the bloc securing solid trade ties with other major partners is becoming an ever greater priority of the german government is under fire from business leaders for damaging industry the president of the federation of german industries told chancellor merkel was attending its annual meeting in berlin today

that corporate taxes with too high that industry was having to pay the biggest electricity bills in europe and he demanded a change of course. there was nothing veiled about her criticism germany's biggest business. the government among its biggest gripes a perceived reluctance to move with the times. government has maintained the status quo and likes to talk about how good the economy is right now but looking into the rearview mirror it's not a good foundation for moving forward. the government coalition and i want to make this very clear has lost a great deal of the trust and confidence we put into it. sherman businesses complain that the country is lagging behind in digital infrastructure many c.e.o.'s also be mown the rising cost of energy which they attribute to

a flawed climate change policy all that perhaps food for thought for german chancellor angela merkel on the issue of eroding trust she gave back as good as she got even though my don't often rise like to once again point out that this government has been in office for a year and 3 months i could talk about how many hours i've spent focusing on the loss of trust in the german auto industry and the breaking of rules i don't want to do that now. let me just say we have a common responsibility to get mines on the front. but with the future of germany's government looking particularly uncertain just how that common responsibility will look like in the future is anybody's guess. to india now which is one of the world's fastest developing economies but economic progress comes at a cost many other countries urban areas

a drowning in rubbish new delhi's landfill has become a trash bound $101.00 that could soon top the country's famous. blooming around the surrounding buildings new delhi's goes into or landfill dominates the landscape. its dimensions are staggering measuring 40 football fields india's largest dump is rising some 10 metres vertically a year. soon it's expected to top the country's famous taj mahal comes like this are the dark side of india's improving standard of living. as you ordered more and more as your economy warms you are definitely going to buy more stuff and it's it's not rocket science to say that as you buy more stuff you want to raise to more stuff you want to roll with more stuff so that is the challenge of being in yet. but it's more than just a blight on the scenery because of poor and other dumps like it regularly catch fire due to escaping methane gas taking days at

a time to extinguish the also released toxic chemicals into surrounding areas causing everything from breathing problems to even cancer. most of your. i'm leaving this neighborhood because of my children i have 2 children at home one is 8 and the other 4 and both frequently get ill because of the pollution. like this will only get bigger and tackling in these ways problem is likely to be a defining issue in the coming years. and that's all for business asia here on t w i mean thanks for.

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brennan tame returns home on t w dot com tang's law. this is it appears life for her. when u.s. president donald trump dangled a trade deal with the u.k. as britain prepares for brags it on the 2nd day of his state visit trump tells prime minister to resign make the u.s. is committed to a quote phenomenal deal with british as the 2 countries work to redefine their special relationship also coming up to sudan's military councils of all previous

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