itself. but only a few can enjoy the benefits of those the regime allows. kim jong un introduced an insidious reward system to coerce allegiance to the regime. those who don't make it into the fun metropolis are often cool and hungry. have fun in pyongyang starts feb 28th on w. chinese businesses are struggling to stay afloat as the corona virus spreads many are now snapping up beijing's cheap credit but will it be enough as the deadly outbreak continues. also on the show will die miller see a 2nd street near fall in profits investors are bracing for bad news.

and its drone versus drone will take you to a competition in rwanda to find the best rescue drone for rural regions. this is your business report i'm stephen beard's in berlin thanks for watching china is racing to offset the economic strain from the outbreak of a new coronavirus the central government has already freed up tens of billions of dollars worth of government stimulus cities like shanghai are cutting loan rates and increasing lending businesses are now snapping up that cheap credit suggesting the need remains significant. cities virtually deserted shops closed transport links at a minimum customers nowhere to be seen. with economic activity at a standstill in many parts of china hundreds of businesses are now seeking billions in loans to keep them afloat. banking sources in beijing have told reuters that around $300.00 chinese companies have sought loans worth more than $8000000000.00

u.s. dollars to try and soften the impact of the crisis that comes at a time when the chinese economy is already going through a difficult period of transition the government has already pumped more than $200000000000.00 u.s. dollars into the country's financial system to avoid volatility president paying has made little comment since the outbreak began but he visited hospitals this week and talked up the government response so. let's fight this defense war this war against the epidemic with full confidence let's fight this people's war we must build up our confidence we will eventually win. fighting talk but a report published on shoes day by a senior member of a chinese government think tank says the outbreak could take at least one percentage point off china's entire g.d.p. for 2020 more bad news for the chinese economy which will inevitably impact the

wider global economy. and that coronaviruses also pushing down oil prices to under $50.00 on monday analysts say that's because chinese demand is waning due to the outbreak a technical group of the opec cartel of oil producers called for output cuts over the weekend to stabilize prices but it remains unclear whether members will follow the committee's advice the price of crude has skidded more than 20 percent so far this year. and let's take a look at some of the other business stories making news around the world amazon and sony have joined the list of companies not attending the mobile world congress in barcelona later this month sweden's ericsson and l.g. from south korea are also withdrawing citing fears over the coronavirus. chinese carmaker dealy is planning a merger with its subsidiary valvo has held the swedish company at arm's length since acquiring it in 2010 chairman lee shu foods says he wants to accelerate the

sharing of financial and tech resources between the firms to create a quote strong global group. australia and indonesia have announced a 100 day plan to implement their long awaited trade deal indonesian president djoko with dodo met australian prime minister scott morrison in canberra negotiations over the deal began a decade ago and the agreement was finally ratified last week that it intends to eliminate almost all tariffs between the 2 countries. right. now the new the new figures from di miller are in and the german automaker says its profits fell in 2019 that's the 2nd straight year of a profit lost this time to 2700000000 euros sorry a profit loss of 2790000000 euro 2700000000 euros result that certain to increase investor pressure on the german automaker and new investments and growing penalties related to the wide ranging diesel emissions scandal continue to eat into revenues

and car sales are softening. the mercedes s. class convertible used to be celebrated as the future of automobile ety but it could soon be a thing of the past. the company is discontinuing the model along with the s. class coupe and its b class models according to the german newspaper honda's plot. but it's not just car models that might be lost thousands of jobs are on the brink to the company's works council described the mood among employees at diner as somewhere between anger and disappointment with $15000.00 of the company's 300000 jobs worldwide being cut after 3 profit warnings c.e.o. . is under pressure. the diesel scandal is still affecting sales that down there while the company's electro division is suffering from a lack of high quality battery cells and its van division is in the red mercedes is

the least profitable of germany's premium car manufacturers with a return of barely 4 percent in 2019. and for more on this let's go to our financial correspondent julie bards in frankfurt. which is at the new numbers there profit falling for the 2nd erode this time to 2700000000 euros the markets are open yet in frankfurt how are they likely to respond to this. i think that will depend on what all the colonials has to say later on in the press conference he'll be addressing journalists and thus the whole world also his own stuff. i don't think it's a surprise people saw this last coming but what kind of path is all the colonials charting forward and is he giving a little bit of an outlook on 2020 the 2020 will be better how much better i think depending on his optimism that's going to form part of the market's reaction at least. the only dial is the only german auto company going through

a cost cutting program right now and facing difficult difficult environment for carmakers how does it compare to b.m.w. b w. it doesn't compare very well its direct competitors part of the w. the luxury brand there and b.m.w. they're also having tougher times and before but they're better than done learned and both i would be and b.m.w. have a new chief executives and i think they probably have a clear mandate and all the colonias to go ahead and make hard driving changes or itself many many years ago it was on par basically with false flag and the 2 vying for setting the standard german automobile manufacturing and also in certain respects for world automobile manufacturing well that's history even the v.w. brand in the b. w. group has vastly improved and the v.w. group is making about 3 times as much profit as donnelly today. all right something

we'll be watching throughout the day only bars there for us in frankfurt thank you very much. let's go over to africa now where emergency services are a luxury for many with reliable roads especially hard to come by in rural regions could drones fill the gap that's at least the idea behind a competition now taking place in rwanda the winner gets a business contract. across centers this report. 10 teams 3 challenges one competition international drone operators have traveled to the beautiful lake kivu in rwanda to demonstrates how drones can help meet the emergency demands of the future in each case says a request comes to the team and then the team has to deal with the kabul make sure it's a package according to many standards and in this way we're trying to simulate a specialist possible real real real scenarios. responding to

a simulated emergency call the drone teams are asked to deliver urgent medical supplies to an island 20 kilometers away from the mainland and join can fly there in just 15 minutes a boat to take much longer than a car would struggle to get there at home. let's assume it has landed over though. we can reduce the payload. by pressing the button over here or from our ground station. to challenges a built around delivery and pick up tasks in the 3rd exercise the drones fly out to collect data from the island the field becoming crucial for africa. only 3 percent of african land has been surveyed to a local level land is our biggest asset and we need to be able to numerate and know where it is so 1st and foremost i see problems at pivotal for land survey for now the drone expertise still comes mostly from outside of africa but the continent is

working to close the gap who wonder is that the forefront of that and already delivers blood with flying robots it's ministry of innovation wants to build up domestic skills the next step of wind is to create a drop center and it will have a number of aspects from the ability to design and manufacture is. to create a testing center for the different you know bit of an entrepreneur and of course there is. the training. which is very important for us the drone flying competition continues until the end of the week the winner will sign a contract to provide delivery and mapping services around lake kivu. japan is the world's 2nd largest per capita producer of plastic waste after the us tokyo says that it's on the case introducing a plastic bag fee for later this year but entrepreneurs there are impatient and

they're coming up with their own solutions. first is rarely a problem in tokyo with drinks available on almost every street the problem is pretty much all of them come served in plastic. bottles make up a big chunk of the 30 kilos of plastic waste produced by the average person here each year. that's why the my muse you happy now exists it tells people where they can refill their used plastic ball reusable bottle with water for free you can just search the map for the nearest water fountain or business that's agreed to let you fill up. and surprisingly the offices of the company behind it are a plastic free zone. kind of messaging to people is that you can have a fun and very prosperous life if you just shift your basic consumer behavior in a positive direction one of the businesses signed up is stock home roast in central tokyo the baristas here will refill your water bottle for free whether you're

buying a coffee or not the cafe is hoping to contribute to a change in japanese drinking habits. with good reason why there are still i think japan has a cultural problem and i think big companies need to push for a change here all but of course if we start making changes on a personal level it will also have an impact that it will cause the storm and sold it through the cooperation of cafes and restaurants and wider water fountain use japan could begin to kick it plastic have it one bottle at a time. and that's it for me and the d.w. business team here in berlin to check us out online a d w dot com slash business i'm stephen beardsley thanks for watching.

sure of. what unites. what divides. the money. driving force. what binds the continent to good answers and stories of plenty good. spotlight on people.

focused on earth on g.w. . earth home for saving. deals tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions and global ideas b.m.w. series of global $3000.00 on d w and on mine. history was made at the oscars in hollywood when the 1st non english language film ever won best picture and pulled off a sweep of the top awards also coming up. snow and ice are transformed into frozen arcs at the annual ice sculpture festival in the dutch town of. having its

biggest year ever. and in our series 100 german must reads the architects by stephane harm is a novel of political intrigue and betrayal that illuminates the early years of communist east germany. and when found welcome to the show well it only took 92 years but the academy of motion picture arts and sciences finally looked beyond its own backyard on a grander scale and despite falling back into old ruts of oscars so white and oscars so male it granted a few historic moments for both the oscars and for south koreans and the oscar goes to paris. the 1st ever known english language movie to win best picture. since.

south korean director june homes dot com about the gap between the rich and poor in modern day so who's the big.