lighting up the river thames. thousands of revelers celebrated the arrival of 2020 . 5 shouts no matter their section. and what news like from berlin up next markets will have something to celebration the new year a new trade deal between the u.s. and china monaco joins as the details in business just after the break i'm on you confess mackinnon in berlin thanks for watching and having it. for. 50 years of religions for peace the same so many different things all working together toward a common goal of peaceful resolution of religious conflicts legal now all

female members are religious fools peers from the middle east or are demanding the larger. 0 common ground is empowering women giving them the rule. making them an agent of change this is where. the female peacemakers storage journey where we fit into the new. we have a date the u.s. and china wants to sign their phase one deal on january the 15th we get the latest from our correspondent in taipei. been while another trade dispute is brewing between the u.s. and france because of a new ditches of taps on u.s. tech companies. and. japan embraces vertical farming we tell you where and why.

i want to jones's this is deja vu business asia welcome u.s. president donald trump said he'll sign a phase one trade deal with china on january the 15th trump tweeted that if the deal will be signed in a ceremony at the white house with high level chinese representatives the deal was concluded in december but many of its details have been slow to emerge trump went on to say he will go to beijing at a later date where face to talks will begin. well earlier today i spoke to our taipei correspondent at seoul handsewing i asked him what china is saying about signing the phase one deal with the us war very different from donald trump china has remained tight lipped on the details with only the day media confirming that the deal had been agreed in principle but the tech needed to be translated proof read and legally squat and we know donald trump if ever he wanted to die of

a trade deal with chinese president xi jinping but until now it's only the top. negotiator li or her visiting us for signing that means a lot if the chinese president xi jinping doesn't show up for the family therapy because that would mean that china might think that they've made more strategic confection the time so they would want to keep the profile as low as possible locally and internationally all right so it does this mean that the u.s. has won the trade war. well monica it's only to face one deal so it's hard to say who wins or loses the key is the thick around negotiation and we know for the 2nd round go through the u.s. with one china who cares though if the thief or if they are in companies but if they aren't enterprises are the foundations for the chinese communist party and duration so they would trade away to protect them and for chinese officials they think not only the us want to make more china's money but to cut china economic

lifeline the following talk so we would expect the thicker around go fish and to be more difficult who have the upper hand if they're too early to say alright well it's only the 1st of january hugs sue thank you so much for your time meanwhile another trade issue remains between the u.s. and some e.u. countries as off today italy is introducing a 3 percent tax on large tech companies it follows france which already introduced a digital tax last year prompting the u.s. to threaten paris with a list of punitive tariffs on goods such as french wine and cheese france argues it wants to hold 2 leading tech companies like apple google amazon and facebook to account under current e.u. law data collection is not classified as a taxable good even though selling data is central to the business models of us take companies of a more i'm joined by our correspondent lisa lewis in paris lisa u.s.

commerce secretary wilbur ross at france's move to tax digital companies stems from being envious of u.s. companies success is there something to it. well there's that's one way of seeing it really you know france is not really known for being a haven for big large tech companies rather for its literally art and music however the french president over the past few years he's try to boost that image though for example supporting start up companies but i don't think this is the main argument for france to push for such a tax if you look back over the past year here in france there have been yellow vests protests every week people here are kind of really angry about the feeling they have that those who earn a lot of money don't pay very much tax whereas those who earn very little have to foot that tax bill and that's really something that the government wants to show

its tackling and this tax is one of one way of doing that now and that is understandable but at the same time. there are problems the united states isn't too happy about this tax how exactly is it working out for france than well it will be very complicated the different companies will have to calculate what part of their revenues for example earned through online sales certain online says and then they would have to foot the bill they would have to pay 3 percent on these revenues also there's a certain certain threshold for only big companies will have to pay and as it looks for now a month for $30.00 companies there's only one french company that will have to pay that tax and that's exactly why the u.s. is saying that this tax seems to them quite discriminatory actually only that the french government seems to be targeting u.s. companies and that's why the u.s.

wants to retaliate and tax french wine and french cheese so the whole focus is on french products why did france not wait for ordinated evil why do project digital tax. there was an attempt to come up with such attacks on new level but that didn't really work out now france really wants to show president obama car since he came to power he wanted to show that he's the man who gets things done so he's pushing for this tax they've pushed through in france there is however an international approach to this the o.e.c.d. the organization for economic cooperation and development is working on a tack tax amongst in its 36 member states and that effort should show common results by the end of january now at the beginning the u.s. was saying yes ok we support that and we are on but vote on board actually for that

tax but now they seem to be changing their mind and it's not sure if this coordinated effort will really work out in any case france will maintain its french tax until there is an international tax in place all right certainly interesting months ahead to their leader list there reporting from paris for us thank you so much and happy new year. well the new digital tax will also apply to homegrown take companies in france and as we just heard paris has been rolling out of the red carpet to attract startups in a bid to catch up with us dominance in the tech sector. paris is trying a fresh approach to startups in this unconventional work space young entrepreneurs are encouraged to think outside the box the 34000 square meter station f. claims to be the world's biggest start a company with a 1000 firms president emanuel mccall hopes the exonerate her will help ours

compete with silicon valley. i wanted them to consumers you don nicholson said it wasn't this was that it was assumed we have a unique situation we have startups in large us european and asian companies shot of the projects right from the start having all of this under one roof is unique. at this german startup they keep their boxing gloves close in hand but they prefer to leave the actual sporting side to their clients they're working on an online platform for athletes and they say paris is the ideal environment. for his french government has made it very easy for foreign companies to set up a business here lucky that the french president is young dynamic and committed to start ups so i treated. the french government wants to your global entrepreneurs with tax breaks and by cutting red tape that's why this italian startup set up a subsidiary office at the station have compas they help holiday makers find

a skipper for sailing trips. which anybody to create a company very very quickly. and to start a business actually governments they want to keep growing and to could be present on the international scene to do for 3 of it. while it's still trail san francisco and london station f. is helping paris establish itself as a tech hub. japan is a bracing vertical farming techniques to meet its food needs to dition of farming is threatened by the aging population and migration from rural areas now there are hundreds of the sickle farms and many are in former industrial areas. in this form of factory near kioto 30000 heads of lettuce are growing under out official light with minimal human intervention the vegetable factory uses the latest vertical

farming techniques 3rd ical farms may sound like science fiction but facilities like this are key to meeting rising food demand in expanding cities. and all they can or they can do called older mother we can produce in large quantities and in a stable manner all year round without being affected by climactic temperature changes. which also means comfort for the workers. who can gain more japan as a pioneer in vertical farming the spread company produces $11000000.00 heads of lettuce per year machines shift the lettuces around the factory to areas where the light temperature and humidity are ideal for that stage of growth. the process works without soil or pesticide and only a dozen or so humans are employed to collect the latest at the end smart agriculture is essential in japan where the average age of a farmer is $67.00 there are a few candidates to replace those dying on. a quick look to africa now kenyan

t. prices have dropped by over 30 percent the lowest level in 5 years well that's mostly down to oversupply and weakening demand in key export markets now the famous experimenting with other varieties in a bid to find new markets. most of the tea produced in kenya looks like this it's called crush tear curl because the long leaves are broken down into tiny grains which are most suited to teabags the product is critical to kenya's economy tea is a top source of foreign exchange and according to the kenya tea development agency one out of every 10 kenyans depend upon tea for a living. but farmers now produce way more than their key customers like britain demand so they're scrambling to come up with other varieties which are more appealing to tea drinkers in other markets and we all know trying to diversify to

offer the teas the type that sri lanka produces now that. went on the market such as you know russia and those other. still these orthodox teas are a big challenge for most kenyan producers who have become world leaders in black tea exports and experts in the crushed hair curl process so far only a handful of companies are making the transition to hold the production in kenya but it allows farmers to produce custom teas with more subtle tasting coloring and that brings higher prices. and that's a business. thanks for watching and enjoy the rest of this new.

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