says the people of east germany shortly after the fall of the wall. to commerce for german unity journalist peter lindbergh was the scene. 30 years later looks back on the entire. story it's december 19th. w. . could this be the beginning of the end to the u.s. china trade war both sides agreed to suspend further teach the taps terrorists but experts warn there's still a long way to go until the free trade dispute is result also coming up as there seems to be a fall in relations between the u.s. and china beijing now turns on burleson as germany contemplates to bomb sure way as a supplier for its 5 g. network. i want to get jones of this is a business lie from berlin well come i was starting with up beat data from china

china stocks rose to a 6 week closing high today as investors cheer at a preliminary sino u.s. trade deal out and upbeat today to pointing to resilience in the world's 2nd largest economy so well it's happened exactly well on friday the u.s. announced it will not be putting its next round of punitive tariffs into effect and china isn't agreed to cancel its most recent tax hikes this past weekend and best us welcomed the news but apart from china it's still early days for fireworks on the trading floor. in beijing heavy snowfall is causing chaos but in the trade conflict between china and the u.s. the ice maybe falling china has canceled its terrifying originally planned for last sunday in an official statement beijing said it wants to work with the u.s. on an equal footing with mutual respect. last friday the u.s.

cancelled a further $160000000000.00 in customs duties in the so-called 1st phase of the agreement also tariffs that have already been put into effect will be reduced china in turn announced it would import $200000000000.00 worth of u.s. goods including agricultural products and intellectual property will also be protected the asian markets welcomed the news on friday and on monday investors remained positive the stock market in shanghai continued its upward trend it was also buoyed by chinese industrial production which grew more rapidly than expected last month now the government wants to boost domestic consumption analysts believe that could help stabilize the chinese economy but experts warn the trade spat may not be over well further escalation has been averted for now the original tariffs are for the most part still in place with china and the u.s. slated for trade talks early next month. only then will it be clear whether this is

really the beginning of a trade truce. of a more i'm joined by a laugh on daniels from the german it's used for international and security affairs which he heads the research division of the americas good to have you with us so 1st of all no further tariffs at least this weekend what's prompted this move where there's an elector a complaint in the u.s. that's just starting there's also the impeachment process so the president and pressure u.s. president to come up with results and it's been actually a pretty lucky week for him because there was a preliminary deal with democrats and the u.s. m.c.a. agreement with canada and mexico and now a phase one deal with china which has yet to be signed of course it was not written in stone just yet but yet it's also not a big idea i mean it's a pretty narrow achievement it's basically an agreement on a great cultural exports of 40000000000 that will go from the us to china now but

not much has been reached on intellectual property rights and all the other difficult problems that us to run between china and the us so what needs to happen for those problems to be resolved and to reduce or even bring move the existing terrorists but the u.s. has said clearly that they continue to evaluate the progress of this trachea being implemented and then decide if there will be a further agreement a face to deal with then include further reforms on the chinese side economic major structural economic reforms but it's not clear that the chinese will actually bend to those u.s. requests that's not obvious at all at this point so there's still a lot of work to be done and this of course happens as the world trade organization happens to face its worst crises ever and that largely because of the united states of blocking it what's the us after where the major. conflict is about conflict

resolution within the w t o and it seems that the u.s. government is aiming for a situation that looks much more like before the founding of the w t o in 1905 so what they are after is basically being able to place a veto against any kind of rulings that come out of the dispute settlement what does that mean then for global trade as we know it would mean that any kind of results that come out of these disputes settlement bodies are no longer binding but any country can just place a veto and say no we want to implement and then you know that's the end of the story so it would be a regress is there any sign of do you have any hopes of the w t o eventually can sort of recover from all this i think so i think the european union together with other countries can actually they came up with solutions already within the w t o and then turn the dispute settlement mechanism that could be implemented between

a large number of countries including china india and other big players so there are options but it's of course it's difficult with the one of the biggest economies just being blocking everything and the kind of reform at this point right. there from the german institute for international and security affairs thank you so much for your time thank you. meanwhile china has issued a warning it has threatened with retaliation sure to chinese take john show away be banned as a supplier for germany's 5 g. network infrastructure and that comes amid increasing pressure from german lawmakers to ban she away as a supply up for the technology beijing says it will not stand idly by pointing to the millions of vehicles german comic a cell in china and the german government isn't just facing pressure to ballyhoo away at home washington has long been trying to convince its allies to ban the chinese tech giant. all right for more let's cross over now to financial market

correspondent conduct wasn't in frankfurt 1st of all how likely is it did germany will ban for away from its 5 g. network good morning joint monica it's very unlikely that the german government singles out one single company it's more likely that lawmakers here will formulate very strict security requirements that all of the providers for the 5 g. networks will have to follow and that will likely include a comprehensive documentation of companies about any relations they have with foreign governments also i can tell you several german telecoms already have announced that they will not work with who are way when it comes to the core of the future 5 g. networks which doesn't mean that who are always completely out of business there's still plenty of norm core technology that the chinese company company will be able

to provide but still i mean beijing doesn't seem to be too pleased about the the prospect of away not being part of the 5 g. network as it's been rolled out what kind of retaliation is beijing talking about. well monica you mentioned that the ambassador has talked about the car industry and the huge role that the chinese market is playing for our german carmakers what the ambassador failed to mention is that all of the car makers b.m.w. folks walking by and or have popped by companies in china and that they're all big manufacturers in china as well so if you harm the german car makers you are risking to harm chinese companies and chinese jobs as well it's very difficult to imagine that the chinese will end up with europe in a trade war situation they way they have been with the united states it's more likely that there's a lot of rhetoric involved here all right don't go anywhere conrad because i do

have another topic for you i'm talking about italy because the country is allocating up to tuck and $900000000.00 euros to bail out of the ailing bank a bank up a bloody body last week italian government plays the trouble lend to understate at ministration the bank's governing body has been replaced by a 5 person oversight committee the years long economic downturn in the e.u. country has led banks to accumulate problematic knowns and that has forced the government to make several interventions and. in fine for it you'll remember we've been talking a lot about the financial sector in italy especially this year now how significant is this bailout of call popularity body was it tell us about the state of the financial sector. well italy in the past has seen much larger bailouts but this is still very civil significant as it underlines what

a bad situation banking sector in italy still is with huge amounts of bad debt and you know this also shows how the constant gridlock of the government in rome has prevented legislation able to help the italian banking sector to reform while the political parties in rome were so busy you know fighting each other. banks in italy simply continued with business as usual and this occasionally includes the bailout by the italian taxpayer and this bailout now is just a reminder of this towards the end of the year was now in frankfurt thank you so much. well turning to the e.u. fisheries council which is meeting in brussels today with the aim of setting out next year's quote us we go to the asians on the tory as the tough with national interests often taking center stage but there is

a plan on the table already and it proposes reducing quotas on 40 out of $72.00 species on the that proposal the fishing quota for hake were to drop by 20 percent and for the remaining $32.00 stocks quotas what either stay the same or increase and the plan what for instance c catch quotas for haddock go up 30 percent efficient quotas for the atlantic are likely to spark heated debate in brussels especially for major fishing nations like spain and france be sure that we will keep you up to date on developments from that meeting in brussels throughout the day and what's the end let's turn again to asia where senior japanese and south korean trade representatives met on monday for the 1st time since japan imposed restrictions on high take imports from its neighbor in july the trade spat between

the countries began after south korean cords rule to the japanese companies pay compensation for forced labor during japan's occupation of the country tokyo responded by removing a south korea from its list of preferred trading partners japan imposed curbs on exports of materials used to make semiconductors threatening a pillar of the south korean economy and the global supply chain of chips. and that is your business update on the w at this hour for me and the team member len thanks for keeping us company.

and charged up the famous naturalist and explorer. to some racial politics on the phone while it's 250 yards to where i'm barking on a 4 year jump discovery. expedition voyage on the t.w.a. . the so slow go to the girl next you tube channel.

the final story. exclusive. the must see concerning part. should be curious minds. do it yourself networkers the sofa subscribers don't miss out. they belonged to taiwan's thai all people who century old culture had all but disappeared. here where taiwan meets the pacific is the homeland of the thai ya'll in and around the village of ginger chan is fighting to protect her indigenous heritage usa which it's sometimes i feel i'm too persistent like a cockroach that refuses to die. i.

was. born. to tell you all live in communities close to 600 people live in village. by the entrance to the village there's a statue of a thai all in a law in cloth hunting a wild boar just like in the old days. at the former police station chen heads a meeting of the village development committee its goal to ensure a future for taiwan's indigenous peoples. woman though has a day when i return to the village for a project after a long up.