tv Business Deutsche Welle January 16, 2020 12:30am-12:46am CET
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rights abusers are the continuing pressure for hong kong. 60. to subscribe to the. there you go to the people for over return home the force and. the families are dragging. on. it's being described as a momentous step but in the face one trade deal between the united states and china more style than substance will bring you analysis from the reaction from wall street. also coming up mixing business and politics a new op in hong kong that users know which businesses are for and against the
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pro-democracy protests. this business i'm kate ferguson welcome u.s. president donald trump and china's lifetime you and you who have find favor one of a trade deal it's aimed at settling a conflict that's lasted 18 months the pact to loosen some american tariffs on chinese made products since the united states and increased beijing's purchases of american goods. this deal marks a new era for us china relations that's what u.s. president donald trump and chinese vice premier league for hate said in washington the most significant part of the phase one trade deal is a pledge by china to buy at least an additional $200000000000.00 worth of u.s. farm products manufactured goods energy supplies and services in return the u.s. will loosen some of its tariffs on chinese imports. together we are righting the wrongs of the past and delivering a future of economic justice and security for american workers farmers and families
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trade showing you. the free one trade deal is good for both countries and the entire world it shows that we have the ability to act on the basis of equality and respects to handle and resolve relevant issues you're bound for. the agreement addresses more issues than had been expected china is committing to do more to protect intellectual property and to stop manipulating its currency to cheapen its exports in return the u.s. is no longer calling china a currency manipulator but the deal stops short of resolving the trade dispute u.s. tariffs on $360000000000.00 worth of chinese goods remain u.s. president donald trump calls that an ace up his sleeve for the next round of trade talks face to negotiations are expected to start soon that's when thorny issues such as china's must have subsidies to state owned companies will be addressed between now and then many will welcome today's deal a cease fire after 18 months of the us china trade war which has weighed on the
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global economy. for more on this let's cross right over to the financial correspondent jose luis to harrow on wall street hi oh they believe a really big day with the signing of this phase one trade deal how is wall street reacting. not but so for cade some profit taking towards the d.n.a. trading session and after to sign the deal but investors are giving you said today idea that most will stay over the coming years since that phase 2 will not be completed at least until we are done with the presidential elections here in the u.s. but there are some winners so far on paper aside from farmers manufacturers and energy companies which will sell more to china financial services benefited enormously from the removal of specific borrowers in the asian country that is why we can explain the presence of a she could use from j.p.
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morgan mastercard or visa the signing ceremony in the white house part of the deal was a financial service providers will be able to complete on a more level playing field and expand their services exports offerings in the chinese markets let's talk more about that finding ceremony one man who wasn't there was chinese president cheating paying he spent his life instead i think and is the us it is again if we can reflect a subtle but important aspects of perception when when it comes to deal some argued that by not signing the agreement himself she somehow would say transferring responsibility to premier league you who basically has orchestrated to deal with the u.s. trade representative. this way if anything goes wrong in the next coming months she will not feel the heat directly since you. have all also by maintaining
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a certain distance she can also claim a big face one holds and face to ends up happening. thanks so much for your insight . the german economy is losing 50 g.d.p. growth dropped to just their 0.6 percent last year down almost one percentage point that's the slowest level of growth since 2013 or realigned economy has been hit hard by uncertainty surrounding the u.s. china trade complex on britain's departure from the european union some economists to blame the government for not investing enough in digitize ations. now this year's global risks report from the world economic forum has listed extreme weather as the biggest danger the world is facing in the past it was cyber attacked and geopolitics that tended to feature as the leading long term threats to the planet but this year's report highlights a whole host of environmental concerns as well as extreme weather it's live climate
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on action nacelle disasters biodiversity and human made environmental disasters as major threats now it's the 1st time the report's top 5 risks have all phone fallen under a single cush agree the report's authors have concluded climate change is hissing harder and more rapidly than many expected now earlier we spoke to stefan the i'm still off from the post on institute for climate impact research about the impact of these environmental risks. after the warnings of scientists have been by and large at the north for more than 50 years we're now in a real climate emergency global temperature is higher than at any time in the history of human civilization and that means that our weather is on steroids the climate and wherever it up in the same direction we get unprecedented weather extremes like we have been experiencing in australia recently. to some of the other
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business stories making news u.s. electric car mickey take it in top of the ford cobalt from mining giant glencore according to a report from newburgh new the metal is used to make batteries for electric vehicles a huge amount of blank with cobalt is mined in the democratic republic of congo where the miner has come under fire for alleged corruption. move on boss jeff bezos has promised a $1000000000.00 investment aimed at supporting floral and medium sized businesses and india it comes just days after the country launched an anti trust probe into the company which is accused of destroying small companies and. malaysia airlines has a bend of the delivery of 25 new boeing 737 mach says the plane maker the jet could remain grounded beyond july boeing just in time it's worth the while natural order is in decades. now hong kong protest movement how can only divided people along political lines it's also having an effect on consumption
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a new op businesses that do and don't support the demonstrators allowing customers to literally put their money where their mouth is. based pastry and the search up is well known for its refined dishes the michelin guide listed as one of the best in hong kong but for him one 1st time customer this is not the reason why he came here for a scoop of ice cream in the afternoon economy recently it is not. like any. business. role something that. the post hits with messages of solidarity show this shop is yellow the color of the pro-democracy movement kim has found the place by an app that lists businesses which support the protests. coco chan and cesco have found at their business after
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dropping out of jobs in the financial sector they have been supporting the pro-democracy movement since its beginning and when i got all i wanted customers came in one day and when they finished they gave us a yellow sticker and said you can put this up it's only then i realised they were from a verification team the yellow shops are i and i won wimbledon gave. coco and shasta have found at their pastry shop in 2015 when the protest movement started they suffered losses as most small businesses but since then have been labeled yellow that turnover is even higher than before the protests started. when protesters go to ace and other places they need to be careful about people who have a herring that conversations they don't have to worry about but head that's why we have more customers recently sometimes they even queue up outside our shop and take us is really just around the corner. but those who do not support the protests trouble really warms each 3 or traditional hong kong snacks has been labeled blue
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the color of the pro-government camp since she posted a photo in support of the police force on facebook her business is down more than 50 percent. the moment i'm using my savings and i thorin money from friends. the shop is my baby i can't just close it but right now i don't have any income. just how young protesters are boycotting a business and they have repeatedly reported church with you authorities for a leech violations lately has been to each area after husband passed away several years ago to support herself and the 2 kids now she has to take small extra jobs in the evening to make ends meet. so they why are more helpful or if you ask whether i have any regrets i don't see i think people should stand for their beliefs like it's because of. it's either blue or yellow in today's hong kong the social
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divide runs through the city. pound the yamaha has warned people not to try to fit inside instrument cases as part of a social media trend called the carlos ghosn challenge the former car bomb. from japan reportedly inside if a car bomb has been inspiring copycat attempts in japan which yamaha says could lead to unfortunate accident. an update from me in the business team here in berlin for more you can check out our website www dot com slash business we're on social media to print me its good bye and take care.
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digital world let's talk to devise a similar. shift. on. us. i'm not laughing ok well i guess sometimes i am but mostly i'm nothing which is that. thinks deep into the german culture of looking at stereotypes the question if you think the future of the country but i'm not the time. to pay for this crime and they are. if sold out. i'm rachel joins me from the german sunday w. . post. hi
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on the german fashion scene and he's top of the town fashion week. and news that might leave some shaken not stirred american pop star billy irish has recorded the theme to the next bond flick the new track and movie are due in spring . it's an unfortunate fact that anti-semitic crimes are on the rise in germany a savage attack on a synagogue and. is just one example. of it is an artist who doesn't mince his words the german russian pianist with jewish roots speaks out openly and often against anti-semitism and right wing hatred last week in berlin the international auschwitz committee for his stance which hasn't been without consequences.
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