ecuador a conference in frankfurt tries to identify opportunities and challenges in latin american economy and. also how an entrepreneur in mumbai hopes to push electoral realty by introducing a retro force unless carriage. welcome to do business asia want to get johns in berlin thanks for joining the united states has added a further 28 chinese companies to a trade blacklist saying the firms have all been involved in the persecution of muslim minorities in china beijing was swift to respond signaling it will hit back this comes just 2 days before u.s. china trade talks are set to resume aimed at ending a protracted chapter for. this is what the white house says the latest mass blacklisting is all about claims the 28 companies that helped beijing build what amounts to a police state in she jang suppressing ethnic week is mostly muslim minorities.

among the firms 2 of the world's largest manufacturers of surveillance equipment hike vision and. the u.s. is hurting china's chances of becoming a world leader in the sector days before trade talks is due to resume the americans insist the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shown a light on chinese abuses for fear of the railing the discussions china says the surveillance and she jang is part of a fight against muslim extremism now beijing has to watch on the list of chinese firms banned from trading with the u.s. gets longer still. and joining me from war here in the studio now is to use china expert clifford couldn't clip it this is not the 1st blacklist issued by the united states what's different this time well i think the intention behind this seems to

be more political certainly they've expressed it as a political move but we've already seen weiwei as you mentioned i think this is looking at some very key areas in china particularly surveillance in the comps a lot of chinese economic development in the area of ai for example has technological development in ai has been through the surveillance sector so it's targeting some companies which are very much involved in the i sector and beijing already said well we're going to hit back what can we expect yeah that's right they said they said stay tuned to see what they put they can do there's a lot of sectors they still haven't looked at yet they could they could hit the auto sector there's all these kind of areas where were they. could retaliate but we will have to wait and see that the next talks are to resume in 2 days from now insist they say any point in them actually meeting well the commerce department said that this is separate from the trade talks but then i suppose they would say

to us i think i think who knows maybe they'll be able to separate this out but it's certainly not going to do anything to make the atmosphere of these talks which are already tense even worse and i think we're going to have to wait and see how that comes out as well but it's not going to help which of these 2 sides can actually stomach a protracted trade or tariff battle that's one thing that we've been looking at i mean the u.s. certainly sees itself in the having the upper hand but the chinese have shown the chinese economy has shown itself very resilient slowing down would love the analysts you talk to would say that's not actually related to a trade war it's to do with internal matters and the domestic market so it looks like they're both fairly evenly matched at the moment all right cliff it can and they're our very own china expert and also from the business of course thank you so much well the united states and japan have signed off on a limited to trade agreement u.s.

president on a trump is in no danger of underselling the deal claiming it will create countless jobs however critics say it falls short of the transpacific partnership the u.s. did in favor of the arrangement president trump framed it as a big win as he watched u.s. trade representative robert light and japanese ambassador shinn suitcase sugiyama put pen to paper the deal will reduce tariffs on $7000000000.00 of u.s. agricultural goods while lowering levies on japanese industrial products becomes alongside an agreement on digital trade. studio's represented tremendous victory for both of our nations they will create countless jobs expand investment in commerce reduce our trade deficit very substantially promote fairness and reciprocity the vast opportunities for growth the deal helps out american farmers who've been operating at a disadvantage in japan since the u.s.

left the now 11 country trans-pacific partnership but critics say it falls well short of the t p p which the president walked away from in his 1st week in office the deal doesn't even touch on perhaps the biggest issue for the japanese side tokyo wants the u.s. to promise there won't be any further tariffs on its cars it's yet to get that assurance in writing president trump says the 2 countries will continue to work toward shaking hands on a more comprehensive deal. to ecuador and tensions are running high in the south american country indigenous people and pharmacists been clashing with security forces and their protest of soaring petrol prices now the clashes have only been the latest incidents and days of looting and vandalism which prompted president moreno to declare a state of national emergency. angry protests on the streets of quito the capital of ecuador. they were triggered by exploding petrol and diesel prices since the

government cut its fuel subsidies. to exactly the government has to pay for this economic crisis people are sinking into misery. if people are hungry they will fight and fight on whom we're looking actually a little child. is fighting a recession. president moreno has received a loan of up to $4200000000.00 u.s. dollars from the international monetary fund but it set conditions including slashing subsidies. in response to the mass protests and riots the government has declared a state of emergency. ecuador lives from its oil its most important export despite massive criticism from environmentalists oil is also produced here in yes sunni national park. ecuador has high debts especially to china in recent years china has become the south american countries main investor building

contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants that could all repays loans to china with oil around 90 percent of the oil that could or produces heads across the pacific. well the situation in ecuador is on the agenda today of the latin america conference in frankfurt and correspondent there carolyn that she is standing by there hi carol enough to tell us more about china's stake in ecuador and how is china's involvement in that part of the world viewed where you are. hello money well it china is present in the region already for over a decade and we have to know that they started businesses in latin america in 2005

until 2013 china's and main concern was to secure the energy resources and draw material so they started giving loans to some countries in latin america in order to get all a lift copper and the 2nd phase from 2013 and till now worked under the chinese slogan if you want to get to reach them build a road during that time chinese state owned companies started to build roads or railways ports airports so they have been a latin america for a long time now and they do know how latin american mentality works they do want to make more business is there this conference tries to balance this tendency the western is if german companies can really a deal with with the chinese president latin america ok korea chinoy there thank you so much you're. welcome stock exchange dropped its unsolicited bid for the

london bourse today it had offered $39000000000.00 u.s. dollars for the elysee group and a surprise approach made last month in a statement hong kong exchange said it was disappointed that it has been unable to engage with the management of the embassy the offer has threatened to up end the elysees owned $27000000000.00 u.s. dollars plan to buy data and analytics company griffen it in. india wants to push electoral mobility within the next 10 years the country wants half of all traffic to be emissions free including transport modes especially aimed at tourists old fashioned horse carriages and in mumbai the solution an electric buggy . totally silent and emissions free. these carriages are the latest attraction on the streets of mumbai . if you think they're missing a bit of horsepower you'd be wrong. these chariots are run on electricity.

the 1st customer of the day is 89 year old s.p. . having completed his maiden voyage he seems in them and by this mode of transport . one new one hour. and i'm really fond of these new things. new thing i feel. most at my own roof the big. deal like trick brainchild of this man. he's hoping that inventions of this kind will help make india's transport sector more environmentally friendly. the government has ambitious goals in the area in the next decade it wants over half the vehicles on the road to be electric.

spacing at a speed of maybe. going to experience some 40 electric carriages are already being used to ferry tourists to mumbai's famous sites. alongside a new age technology. and that is your business update d w 4 war please do go online or follow us on twitter and facebook for me and the team here in berlin thanks.

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