don't tell me that this you never felt. power for yourself and the jointer come up in the morning blame. resealed the symphony's of the hottest bombs. how did the romantic master come up with such pasts. the promise codes. tobar 11th on w enough. the u.s. and china are back at the negotiating table a chinese delegation is headed for washington to discuss the way forward our correspondent in taipei has more. also coming up chinese demand for pork sausage but a german pork farmers don't feel like celebrating we tell you why. and 8 years of

civil war crushed the syrian pound stands with its economy. welcome to business when it jones and glenn good to have you with us a chinese delegation is on its way to washington for preliminary talks aimed at paving the way for next month's trade negotiations deputy finance minister lee our min will be leading the chinese team the stakes are high for both sides after previous attempts to come to an agreement to end the trade war failed the 2 countries have imposed hundreds of billions of dollars in tariffs on each other's goods hurting manufacturers and farmers in particular. for more let's bring in our asia correspondent in taipei so $100.00 the latest economic data shows the trade route is hurting china a little bit more than the united states for now at least what's that mean for china is beijing the goshi ating position is it a one off weakness. well not

necessarily because there's a different understanding on the chinese side even though there are now more people in china feel the mature effect of tariff on chinese economy are real and the situation is getting worse but still many believe that the nomic figures were not look good anyway even without the trade war because the chinese economy has come to a stage of transformation at the same time they watch really closely and us economies which has shunned science of recession so if we look at this way china will want to do something benefit the both sides but there's no way they will give ground on their economic advantage or national policy just for the reason that up of course are those talks this week aim to prepare the next high level meeting in october what are the chances we'll have a breakthrough there what after 14 months of a trade war i think both sides realize it's almost impossible to reach

a final perfect deal so that's why this time that both sides are considering an interim deal and in this temporary deal both sides might agree on controversial items for example. to buy more us from products opening its markets trending ip protection or legal protection of u.s. companies and both sides can move forward from these uncontroversial items. they're reporting for us from taipei thank you so much. brewing giant on has a bush is preparing for its 2nd attempt to spin off its asian business in hong kong if successful the i p o could be the 2nd largest this year raising up to 6.6 $1000000000.00 it could also be a positive sign for investors in hong kong off the months of anti-government protests . hong kong hasn't exactly been bubbling over with good news for investors as of

late. but that may be about to change. the world's largest brewer aby invest wants to take its asian branch a.p.c. public they're. using and the man overseeing the i.p.o. is confident despite the turbulence of recent weeks yeah i mean theoretically of course it is possible that is a conditional to do right for you a share market conditions but we are quite cold fronts the investor interest is there but investors confidence in hong kong has started to go flat trade volumes are down over fears recent protests could further escalate. but so far be imbeds business hasn't been affected. and sales of its core brands budweiser corona and packs remain solid. worldwide sales are also up 2 point one percent the highest mark in recent years. the brew meisters and a.b. imbed hope to raise around $5000000000.00 in the i.p.o.

. a sovereign wealth fund from singapore is reportedly looking to pick up around $1000000000.00 of the stock which could help put some troops back into the hong kong market. oil has been on a roller coaster after last weekend's attacks on a saudi oil production facility and set prices to levels not seen in almost 30 years but there may be relief on the way saudi arabia's energy minister says his country's production numbers will be back up to pre attack levels by the end of the months meanwhile the price of brant crude relaxed from monday's highs it's down around 5 percent this morning to just over 60 $5.00 a barrel. all right for more let's cross over to our financial market correspondent tom they are standing by for us at the frankfurt stock exchange. looks like the situation relaxes again was this oil crisis just

a flash in the pan. i would be a little cautious to conclude that because if you see the oil prices are still 7 percent above the levels before the attacks which means the investors certainly see oil as a risky asset now saudi arabia's reputation of being a reliable supply of oil has taken a beating and the oil prices are above despite demand and there is always the prospect of geopolitical tensions escalating we still don't know how the us for that matter saudi arabia are going to react to thirdly it's too early to say that the oil crisis is over now and so the situation is still somewhat volatile ashutosh sunday in frankfurt thank you so much for this and now to some of the other global business stories making news. the netherlands are putting a stop to tax breaks for multinationals starting in 2021 revenues from corporations including industry giants like shell and phillips will be fully taxed the new rules

are expected to raise an estimated 2 $165000000.00 euros a year and make the country less attractive for companies trying to avoid paying taxes. china is to auction off $10000.00 tonnes of imported frozen pork held in government reserves the movement cons of the move comes as the country grapples to deal with an outbreak of african swine flu that's seen farmers who say $100000000.00 picks companies will be able to buy a maximum of $300.00 tons of each. on all this comes as german pork exports to china are boring prices are going through the roof and picked farmers here love it for the 1st time in years that turning a profit but they won't get rich authorities demand farmers to invest in a more animal friendly environment for many small businesses this kind of investment is simply too much. they're busy in the cold storage unit at the simone

slaughter house in reiman polack knit these poor carcasses are being exported to china since april 2 movies have sharply increased african swine fever is rampant in china at the moment it's estimated that around 200000000 pigs had to be called. in all of europe there are currently around 136000000 pigs just compare the numbers if all of europe were to sell every last pick to the chinese we're still wouldn't be able to close the demand gap the. farmer directionals the pentagon has profited from the increasing exports he sells his piglets for the highest price in years but he's still not happy about it as new laws on animal welfare and environmental protection are pending for example sounds are to be given twice as much. space for the farmer it means cutting the pig population in half or increasing the science of the stables that could cost up to $5000.00 euros per stone.

because with higher costs and fewer benefits we're supposed to invest it's in comprehensible especially since it's not known if the african swine fever problem in china will be solved if it is then it's not certain what will happen next prices will go down and we'd have to compete massively on prices with other countries but across other big problems it would be called living in fields. many farmers like hendrick i sure don't want to invest in new staples compliant with new animal welfare and environmental protection regulations why should chose to give up his farm all his pigs have been sold and the arable land lease to remain competitive he would have to take out a loan to build a new stable the 40 year old hesitates to make new investments. since you know them and it was all that's a lot it's not that easy to invest a 1000000 euros there are so many regulations you have to comply with

a big car. around 2200 pig farmers have given up in the past 2 years to meet the demand than one seimone is buying pigs from france and belgium in spain the number of pigs has even increased by 4 percent. in spain pick farming has a social value it's an important economic sector as a rule the requirements are not as strict as they are here so of course more pigs will be kept there than here. a paradox in a period of extremely high prices for pork farmers are insecure about the planned animal welfare and environmental legislation is making them reluctant to invest it on. a.t.s. off civil war have crushed the syrian current. back in 2011 you paid 50 syrian pounds for one u.s. dollar today the official rate is above $200.00 syrian pounds to

a dollar but money is scarce pushing up prices on the black market the crash against major currencies has made to doing business in the water own country a huge challenge surrounded by the scent of his spices mohammad's are koa is growing more desperate by the day he knows when he lies down to sleep in the evening that prices will have changed by the time he wakes up. to belittle all in the variation of the exchange rate means that when i want to buy 50 kilograms of this or that product i lose 10 kilograms and i'm only able to buy 40 kilograms for the same price there's no stability so it's smart to wait a bit to buy it but if you wait your store slowly empties out. the syrian pound has also been hammered by the relentless years of war the sentients in place against the assad regime and civilians transferring money out of the country on mass throughout the conflict on the black market

a dollar now costs around $650.00 syrian pounds 13 times its price 8 years ago. the value of the dollar is increasing all the time prices change every hour so the customer who came yesterday and bought something at such and such a price can come back today and have to pay more for the same thing so everything is growing more expensive including necessities like food many syrians no more dollars hoping to shield themselves if their pound falls even further. and that's a business update here indeed out the you at this hour from me and a team of thanks for watching.

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your family scattered across the globe. that's a. good you do to. try to. get the mind of the. family from somalia moves around the world. urgent assistance. starts october any on. either and welcome to news from the world of arts and culture winners of this year's premium impending known as the nobel prize for the arts were announced on tuesday and there's a german in the mix so we'll hear more about bats and also featuring these stories . good night stories for rebel girls 100 tales of extraordinary women

is a bestseller in over 40 countries and one of its authors francesca will join me in the studio. and connecting afro futures an exhibition of berlin's museum for decorative arts is dedicated to the complex and verse of tile world of african hair and fashion design. since $989.00 the premium in pay on a has on an exceptional talents and lifetime achievement in the categories of painting sculpture architecture music and theater and film and initiative all of the japanese royal family the prize comes with a cash purse of 126000 euros and this year german violinist and his a few moto is among the 5 winners. i'm not the highlight of a stir.