with the united states is down almost 16 percent the trade war is making its mark on the world's 2 biggest economies and it's unclear if there's an end in sight a day after beijing announced an agreement between the 2 governments to roll back tariffs or hoards of backpedaling from washington. u.s. firms are among the thousands of companies taking part at the china trade expo they're hoping to keep doing good business in the country despite the trade dispute . the statement this week from the ministry of commerce in beijing is likely to have raised their spirits. of. course you don't go over the past 2 weeks the chief trade negotiators of the 2 sides had serious and constructive discussions on how to resolve their respective core issues and agreed to cancel the other tariffs in stages. for shelter i don't question. for their part the united states confirmed the statement the trade conflict has hit

growth slowed investment and continues to weigh in the global economy the international monetary fund welcome signs of deescalation we welcome any steps to deescalate the trade tensions and to rule back recent trade measures which you just mentioned and particularly if they can provide a path towards a comprehensive and lasting agreement so this is the 1st step towards a co-operative future no sooner had hope broken out than doubts began to set in again insiders say there is already opposition building within the white house to removing the tariffs. market analyst franco berridge joins us from london now let's talk about bad communication to start with something we've got used to with a trump administration but something that the chinese is seeming to struggle with. yeah that's right i think the root of the problem is the fact that policy at the

white house has been made alternately directly by the president often with high the no input or even contradictory import from various advises to the result of this is that as we've heard this week for example with could lose recent statements the senior advisers like to add a lot of contingency into the communications they put out and even to say a deal is being reached always make it contingent on final approval from the president and as you said you know chris sort of a messy communications environment and you can see financial markets reacting to that was 1st sort of sentiment driven often on the room or even one little true woods and you'll see quickly a risk on risk off response in fixed income equities and foreign exchange what then is it going to take to clear all this uncertainty. i think is 2 questions is firstly what's going to take to get this phase one deal done and then secondly the real question is what's it going to take to clear the uncertainty

that's currently slowing global growth firstly it looks like there is a lot of action on both in washington and beijing to get the phase one deal done and that simply so that the worst and most damaging tariffs can be removed because as we've seen from the white house's behavior they know that the latest round of tariffs will hurt the u.s. economy they want them gone so they try to strike that phase well deal but the real question is will we then see global growth improve we've seen investment in particular trucked off globally and now it's even happening in the united states with the economy for boston until recently the businesses are no longer investing and the problem is that uncertainty in and of itself slows growth so even the phase one deal is done the risk of for the escalation or indeed miscalculation from either side may continue to hamper global growth for some time and just briefly then there is also the question of further blowups. yeah of course and i think miscalculation is the key thing to have because we know the chinese authorities would have reached the same conclusions that any observer can reach the viewer the

ministry of the us administration is thinking of the political costs of the trade war heading into the 2020 election so the risk is that the chinese side actually tend to overreach in terms of the concessions that they expect and then in the interest of saving face or perhaps in another sort of 4 am to if it don't trouble call the whole thing off as to be fair has happened before this year so there is a real risk of that blow up and we're seeing that already effect and weigh on investor i'm a follower on twitter i won't miss it rather berridge thank you very much for joining. us well countries around the world it is gusting how to best implement 5 g. technology china is a step ahead of the ministry of science and technology has officially started researching $26.00 g. telecommunications technology a group of experts from universities research institutes and data prizes is responsible for developing the standard 6 g. could be available for 2030 owners. german exports rebounded

more than forecast in september elaine fears that europe's biggest economy could stumble into our position the german statistics office says seasonally adjusted its 40 increased by one and a half percent of the month the biggest increase in slave ever 2017 data published earlier this week painted a mixed picture of the industrial sector with a panel of economists a buzzing the government saying germany's long term upswing and come to an end. let's go live to frankfurt to chelsea to lanie josie alledge a surprise is this used up new doesn't it. it's certainly a surprise and certainly relief given all of the really gloomy data that's been coming out of germany over the past several months looking into the room to the details of the report sort of the hardest hit areas of german of the german economy seem to have rebounded so trade to the u.k. was a lot higher trade to the u.s. was a lot higher there was

a continued decline in exports to china but i think seeing the increases in exports to china or to the u.s. and the u.k. was definitely a bright spot also there was an increase in exports to be to the end that auto sector as well which has been hit very hard over the past several months i think now there's that potential that germany could actually avoid a technical recession because of how strong this data was there had been a pretty much consensus here that germany was going to fall into recession after seeing growth the kind of the 2nd quarter looks like they may actually be able to avoid that now just use noise to finish the week going to good use but tell me is this going to be just a blip. it certainly could be this data doesn't really fit with the past few months of trade data that we've we've gotten out of germany so it certainly could be a one off anomaly it also comes as there's been a lot of kind of confusing mixed data out of out of germany as you mentioned there was and just real production data earlier this week that was quite negative in that

there was also industrial order data that was quite good so it's hard to tell what the signal is from all of these mixed reports but even if even if this is part of a trend germany's economy is still it is still slowing so it's not necessarily you know. glowing economic time for germany shows utility for us with the you know this is from frankfurt thank you. now to some of the other business stories making news the world's wealthiest were a little less rich last year billionaires wealth fell by $388000000000.00 globally 8 and a half trillion dollars were before by u.b.s. and people you say it was a shop decline in china the 2nd biggest home from billionaires to the united states . of tons a cabin crew is striking for a 2nd day of a payday most of the airlines flights from germany have been canceled for friday

kerry says there could be knock on effects for flights on saturday. well it was one night that changed europe the fall of the berlin wall 30 years ago it changed a lot for private business owners too who want widely accepted in east germany what they stood for went against communist party philosophy in our next report we made you know how to do tech who experienced all the ups and downs before and after the wall came crumbling down. this lady has been spinning in the dudek machine building factory for 30 years the company is located in the eastern part of berlin c.e.o. johann dudek has 35 employees he founded his company in former east germany in 1986 the government back then tolerated private companies because the economy needed so much help back then he did lots of jobs for the east german government

but he soon realized that east germany was broke you should know how limited they had reached their limit and he couldn't go on like that or. i think that at one point in the stasi salt and sugar no matter what they tried the situation couldn't be helped. his office is full of souvenirs spanning 30 years after the fall of the berlin wall the east german businessman inexperienced in the way of capitalism was ripped off a few times in the beginning when he looks at this picture he remembers. we finished undelivered the orders but they only paid us half of what they owed us after the record. yohan dudek experienced all the risks that business men face now after years is finally paid back alone he took out and can now afford the good life the remnants of the berlin wall a just a tourist attraction the stays is not shedding any tears for east germany.

we have blooming landscapes as cold promised us just not the same everywhere but imagine if he's germany went on for another 30 years there would have been nothing left but ruins. for the 73 year old dudek there's one more assignment finding a successor. part of the pop install point time has unveiled its christmas with the displays there's a lot to look at motorized animals in zany scenes everything from turkeys making music and dancing in the kitchen to a giant hand spraying itself with her feet and mice trying to escape from the department store it took 650 hours to create a day for a sions 10000000 people are set to see the christmas displays but someone's getting excited about it and want to know to get even more excited the luxury tycoon. a

lot more people into the store. thought before we go china is imposing a curfew on its under-age game as it was under the age of 18 and now prohibited from playing online games from 10 pm in the evening until 8 am in the regulations or restrict the amount of time and money minus can spend on online games gaming companies and platforms are also required to enforce the regulations chinese president xi jinping has criticised video games as being harmful to children. that lot of parents will be thanking them for that busting business with the.

eco india a. how can a country's economy grow harmony its people and the violent when there are do look at the bigger picture india a country that faces many challenges. and those people are striving to create a sustainable future clever projects from europe and to india a. 30 minute w. . the sustainable scope of the process. starts nov 14th on t.w. . i'm not laughing at the germans because sometimes i am but i said nothing with attempt to determine things deep into the german culture. nudity will take from

this drama because it's all that who knows i might show join me for me to get some help post. after the fall of the berlin november night w. .

this is the w.'s line from belgrade the u.s. secretary of state's mike papantonio says now time must grow and change or risk becoming obsolete. visiting germany for celebrations marking the 30th anniversary of the 4th with. and welcome to planned increase in german defense spending. time this part of our special coverage of anniversary celebrations will take you to about my style icon and compare. brandenburg gate one to the border open to people . and i call that because just out.