and could this be the beginning of the end to the u.s. china trade for both sides agreed to suspend further tit for tat tariffs as china posted better than expected monthly data. this is business as are you update on asian and global business news on the w m d i have elf as well come germany is in desperate need to fill vacant positions in many of the economies most important sectors the government in berlin has called a special summits to see where they can be found and how to provide the necessary work visas in a more efficient way in the trades alone there are a quarter 1000000 job vacancies which are as already put a damper on the construction industry researchers say there is now a critical shortage of qualified personnel for $400.00 different careers that's on the heart of the job categories investigated underscoring the gravity of the problem it turns out that 79 percent of the jobs listed but germany's employment agency are in job categories where the shortage is. when done universe if searched

for a new employee for his i.q. solutions business and he found a perfect candidate for the job in kosovo trying to get the appropriate documents he asked the labor department for help. they sent us to immigration and they told us to contact the german embassy in this the back and forth went on for years in the end a visa was denied the reason there is no shortage of i.t. experts envisage state of north rhine-westphalia only in 3 other german states as opposed to elderly care for example where skilled labor is scarce all across germany as the government is trying to ensure enough skilled workers support the economy with labor secretary who better is willing to let business take the lead if . we have to talk to our businesses about what they can do how they want to recruit skilled labor and what way are and for which sectors of the economy and we will

have to support them in finding the right people an issue obese us in a lesson or a chronic way it is and that's done because i'm so tired of. cutting red tape is front and center at today's skilled labor summit in berlin where at this time only one thing is entirely agreed upon that germany faces a dire labor shortage and has to act quickly. among those countries germany has actively targets in for recruitment of skilled workers for example india and vietnam boss in singapore vietnam is experiencing a shortage of skilled workers as well and it's not the only economy in the region so how are these noises that are coming from berlin receive the raw data. i guess so it's it's receiving a lot of mixed signals from the vietnamese people on the one hand yes these opportunities these jobs rather will open up more opportunities for the vietnamese

people in terms of spending in terms of increased earning power and stability to bring back their families and the vietnamese of qana me as well but on the other hand there is a labor shortage in vietnam itself for sectors like i digital media and finance and a lot of vietnamese people are complaining that the education system in vietnam is to blame for not having prepared them for these kinds of jobs that the country now needs close in the 1st in germany i believe this is so much competition for skilled labor one of the deciding factors for skilled workers in choosing where to go a couple of situations that we could look at here 1st of all many in asian economies are growing very rapidly and so a lot of migrant workers would actually consider prefer staying closer to home while still being able to earn more for their families a 2nd thing is they are

a set of questions that a lot of migrant workers would think about for example is is there political stability in my country are there enough opportunities for me where is my country shifting to now in terms of its economic prospects and how is my country preparing me for these changes now the lack of a small transition between as an economy changes and shifts that focus does prompt a lot of workers locally to move away to seek jobs elsewhere what will turn for for these countries that are seeking talent if they can fund it. well for some countries if they can't afford it digitize asian is the way to go countries like japan and hong kong even in singapore we have started to introduce automation to some industries i'll give you an example here in singapore something as traditional and labor intensive as security work has been all to my eyes no with

the introduction of ai with the introduction of eggs and algorithms to help automate the industry because the industry experts already have foreseen a labor crunch in this sector so it's about preparedness for the future especially if you're coming from a country like singapore and japan where the grain population is a big worry and so it is in germany and they're saying thank you very much. germany's shortage of skilled workers also impacting the construction industry with residential construction slumbering the number of permits for new construction was a start and for the 1st 10 months of this year research also shows that the number of new housing units to be completed next year will fall far short of demand experts say the number of construction workers in germany has dropped dramatically in the last 20 years. chinese stocks rose to a 6 week closing high today investors liked upbeat data pointing to resilience in

the world's 2nd largest economy also washington and beijing agreed to suspend a new round of tariffs this weekend indicating that trade relations are improving while experts caution that an interim deal is not going to end the trade dispute it's widely seen as a step in the right direction. is china's economy finally moving along again industrial production rose last month by 6.2 percent over a year ago. normally that's nothing to get excited about but given the economy's recent weak performance it was something for beijing to celebrate as proof that it's not suffering from its trade war with the us. you know the chinese economy remains stable and shows progress. when you get to the streets that even in a complex and difficult international environment china's economy still

a strong potential and plenty of room for action. markets in shanghai reacted positively to the news closing a half a percent higher at their highest mark in 6 weeks there's a renewed belief that china's trade war with america has been put on ice both countries have just agreed to sit out the next round of tariff increases 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 be better protected as well negotiations are set to begin again in january but observers say it's too early to predict that an end to the trade war is in sight because most of the tariffs remain in force they could still be a few weeks before forecasts are possible. china threatened berlin with

retaliation should chinese tech giant huawei be banned as a supply of the germany's 5 g. network infrastructure german lawmakers have increased pressure to ban while way as a supplier for the technology beijing says it will not stand idly by pointing to the millions of vehicles german car makers and southern china adding to the pressure at home washington has also been trying to convince its ally germany to ban the chinese take china. senior japanese and south korean trade representatives met on monday for the 1st time since japan imposed restrictions on high tech imports from its neighbor this july trade spat between the 2 countries began after south korean courts ruled that japanese companies must pay compensation for forced labor during japan's occupation of the country tokyo responded but with moving south korea from its list of preferred trading partners japan imposed curbs on exports of materials used to make semiconductors threatening

the south korean economy and the global supply chain of computer chips. the dispute between the european union and asian suppliers of palm oil is escalating as the e.u. presses presses on to ban biofuel imports in the nisa has filed for a consultation with the world trade organization over the issue claiming the e.u. is guilty of discrimination the us phasing out imports of palm obeys biofuels because production causes widespread deforestation hundreds of thousands of hectares of rainforest burned in indonesia in september only to make room for pommel plantations. just another week until christmas and christmas tree sellers are getting busy in the us customers have better hurry to get tree home or risk not fun they want to hold the country is dealing with

a serious christmas tree shortage of the reason is the global financial crisis 10 years ago. it's hard work shopping down trees cutting off the lower branches and preparing them for sale but larry smith likes his job and he has no plans to retire. but i hope they found me. and that's the way i really want to go. smith has been a christmas tree grohl 40 years histories have graced homes throughout his home state of north carolina and even the white house last year one of his trees was selected to be the focal point of the blue room his biggest seller the locally grown frazier fir it makes up 25 percent of the market but these days supply is down about 8 years ago when the recession was here in the farmers were still in our tree. this reset in fields that they normally would fewer trees planted

then means there's fewer trees to harvest today add to that the warmer weather for smith the shortage translates into good business and he sees some sentimental value to. you know the product that you're producing is going to be enjoyed by families and you hopefully. oh my fond memories their knowledge they say i am kong memories provided you actually end up getting one of the trees coaxes and that's it for me in the business scene here in berlin if you want more from us calls all websites that. business also do follow us on facebook and twitter if you don't already the now for the. next right after this quick update on global markets stuff there's a whole.

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place. a jewel with words from. where i come from we don't run away from a call from tension. when i was 5 years old my father took me to his friends and i was focused on the spot such as for the few months old antisocial soul. fencing is a language and a good source for it is a conversation. must be sure opponents understand the thinking middle of the man to get close otherwise you can score a hit. it's not unlike a tough interview really when interviewing politicians all corporate c.e.o.'s you have to wait for the right moment just to get around that defensiveness then make you tough it. yes to take risks to get results.

i'm got alphas and i work at d w. i am. this is due to every news coming to you live from berlin revealing the truth about regime death squads in the former soviet republic of belarus in a did nothing exclusive report here from the dismantle who says he was pontiff a team ordered to kill opposition politicians in belarus 20 years ago. also in the program protests spread over india's new citizenship in old demonstrators in the

capital delhi torch vehicles and clash with police is said that offers an s.t.d. to religious minority.