at the victor while you mock food market you can pay in cash or with ali baba's ali. you can find the chinese logo in many shops. at the drugstore chain d.m. . can pay with all the pay in all of its 2000 german affiliate branches and an old traditional tavern has replaced its blue and white flag with one from ali baba. and so the digital age dawns in germany brought to you by trying. to point to a strong opinion clear position of the international perspectives. from the time being the coronaviruses it seems had to stand with many countries including germany possibly facing a 2nd wave we all sports exactly how we can seem to find out join me and my guests on to the point. to this point. not something on the d w d to know that 77 percent. are younger than 6 of fox. cuts me and me and you. and you know what it's time all voices want part. of the 77 percent speech obama issue. this is where it comes. to 77 percent this weekend on d w. how does the virus spread. why do we panic and when will all this. time for just 3 of the topics covered and the weekly radio show is calle

at the vic to ali and mark food market you can pay in cash or with ali baba's ali. you can find the chinese logo in many shops. at the drugstore chain d.m. . you can pay with all the pay in all of its 2000 german affiliate branches and an old traditional tavern has replaced its blue and white flag with one from ali baba . and so the digital age dawns in germany brought to you by trying. to. cheat me more superfood. discounted and inexpensive but animals are suffering and the environment is crying out. a new trend. and feeding resources and. price more on the plate how good is cheap. made in germany. 30 minutes w. . a meal some good welcome to the 2nd season on the fence it's about the environment still about society it's still about us little planet on the brink he spoke to several leading that suppose i'm a fish. trying. to get to sleep the only real sense. of . how does a virus spread. why do we panic and when will all of this. just 3 of the topics covered in the weekly radio show is called spectrum if you would like an information on the coronavirus or any other

hollywood movies and that's just a little slice of the fast ali baba universe. the british technology expert jamie bartlett observes a similar trend taking shape on u.s. based platforms. google and facebook and the same ones you always hear. no longer are just search engine platforms all social media platforms or video sharing platforms they increasingly will branch out into other areas amazon is no longer just a seller of products it's also a provider of all sorts of mazing web space the most highly valued companies in the world have long been platform businesses the top ranks are occupied solely by american and chinese companies microsoft apple amazon google and facebook china's front runners are all the above are intense and. the only german company to even make the top $100.00 is as a.p. ranked 58th in the world. but some german companies are trying to catch up in the summer of 21000 fashion retailer salon dot opened its new headquarters in berlin twice a month on boarding day when they welcome all the newcomers. there are 200 today alone 200 out of 14000 ac

at the victor wanyama market food market you can pay in cash or with ali baba's ali. you can find the chinese logo in many shops. at the drugstore chain d.m. . can pay with all the pay in all of its 2000 german affiliate branches and an old traditional tavern has replaced its blue and white flag with one from ali baba. and so the digital age dawns in germany brought to you by china. a mixed ethnic bad cast until one dance company 12 exceptional dancers from across the globe are brought together by one of the most exciting choreographers of our time. to actually kind of pair you a church gown and the ballet russe to friends are 21. in 30 minutes on d w. a new era as we go. the fire going feeling. this has been filling. our use of. places as the. flames that consume forests and entire residential areas from. rising temperatures water shortages lens clearance there's an abundance of flammable material once again i did. no stop the fires. is only going up against. global concentration the world on fire starts aug 12th on g.w. . this is e w news a live up from berlin and a

year over year however despite this very very upbeat statement by management they reiterated that ali baba will continue to face headwinds from the global political landscape in the tensions between china and the u.s. stated that they are closely monitoring this situation this latest shift in the u.s. government policies towards chinese companies which is a very fluid situation at the moment but as for investors and traders they're already getting a head start and they're taking bets on china's efforts to replace u.s. technologies with indigenous applications to run its network so most recently state local state firms have announced plans and procurement aimed at fostering homegrown technology companies and it's china is taking a more defensive approach right now as decoupling from u.s. tech companies so chinese vendors stand to stand to gain huge huge amounts of market share as it quickly ramps up investment in r. and d. in critical critical industries such as semiconductors as well as servers. i want to follow up on that actual point that chris you just made there analysts are expecting

on wall way as president donald trump says the white house is looking at potential action against ali baba and other chinese giants we'll bring you the latest plus japan has seen a huge economic contraction due to the copan $1000.00 pandemic will take a look at how this dire economic news is affecting world markets and as 2 major college football conferences have postponed their season over the financial landscape of sports amid the pandemic with some expert analysis we have packed show today so let's dive right it. doesn't stop with tick tock and walk away now u.s. president donald trump said saturday he will go even further and is indicating that he might be an access to other chinese companies including e-commerce giant. well the big thing is one way to read while he's not here and well way i'm not allowing and i've told european countries and others australia has been fantastic as an example but well he's not coming here and we told certain countries that was thinking about well way that's ok you can use them but we're not going to be sharing intelligence and. they've all backed away y

coming up, ali baba and tech companies have surged.it can sustain that level of investor interest when it reports earnings later. this is bloomberg. ♪ haidi: a quick check of headline this is hour. apple set to launch its first online store in india next month. we're told the digital outlet will be ready ahead of the diwali spending spree. apple planned the store last year when rules were relax bud the project was held up by the coronavirus pandemic. one of tech's most valuable private companies has broken years suspense by filing to go public on the new york stock exchange. they're backed by a tech billionaire and is valued around $20 billion. it's expected to be the largest tech listing since uber. jack ma's ant group has filed for a twin i.p.o. in hong kong and shanghai offering at least 10% in new shares to bolster its position as china's top online payment platform. it's generated more than $10 billion in revenues the first half. the sim all tains you listing could be one of the biggest in years and could top saudi aramco's record

companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you. it doesn't surprise me it disappoints me i continue to be disappointed by these decisions by the trump administration really to take the stance look i have a huge problem with it i have a problem with the way the way has been treated as a private company but essentially having the u.s. government essentially launch not only a war against wall wait here in the u.s. but to really go to bat overseas and to try to get while we remove from countries around the world which again is not a government entity it's a private company now you can argue and you can say well you know why the way they give their technology and they give access which is what the u.s. says to the chinese government but the u.s. is still never produced any evidence brant of this never shown any evidence that this actually happens now they're saying the same thing about ticktock that all this data can be kind of sent over to the chinese government but they haven't shown proof that that's happening a

companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you. it doesn't surprise me and. appoints me i continue to be disappointed by these decisions by the trump administration really to take the stance look i have a huge problem with that i have a problem with the way the way has been treated as a private company but essentially having the u.s. government essentially launch not only a war against wall weight here in the us but to really go to bat overseas and to try to get while we remove from countries around the world which again is not a government entity it's a private company now you can argue and you can say well you know why the way they give their technology and they give access which is what the u.s. says to the chinese government but the u.s. is still never produced any evidence brant of this never shown any evidence that this actually happens now they're saying the same thing about ticktock that all this data can be kind of sent over to the chinese government but they haven't shown proof that that's happening

on wall way as president donald trump says the white house is looking at potential action against ali baba and other chinese giants we'll bring you the latest plus japan has seen a huge economic contraction due to the copan $1000.00 pandemic will take a look at how this dire economic news is affecting world markets and as 2 major college football conferences have postponed their season over the financial landscape of sports amid the pandemic with some expert analysis with a packed show today so let's dive right it. doesn't stop with tic toc and walk away now u.s. president donald trump said saturday he will go even further and is indicating that he might be an access to other chinese companies including e-commerce giant ali baba well the big thing is one way to read what is not here and well way i'm not allowing and i've told european countries and others australia has been fantastic as an example but well he's not coming here and we told certain countries that we think it.

morgan valued at $2.000000 in ali baba owns a 30% stake.i baba as a proxy plate to the chinese middle class and payments which we know have accelerated online since covid. stuart: when they go public, ali baba gets a piece of the action. >> is a way here in the u.s. >> what you make of ali baba. >> is a big play in especially in the financial peace, this is basically amazon of china and they done a really good job, 92%, they use we pay or allie pay, that is their model and they have little monetization. they're branching out among the financial side in terms of payment and insurance and other products. stuart: i don't know whether you covered this or not, but i know you cover new issues. airbnb, that could be a big deal this year to get it out. >> they are a category, they filled out the whole model of the shared economy taken out ebr oh and the hotels, hotel travelers are down at the moment but you see only 30% down for june and a lot of people are choosing airbnb over chain hotels because they feel safer and less dense environments like h

investors are eager for ali baba's mobile payments arm bands to file for a joint listing in shanghai and hong kong. also on the show argentina want to support a struggling economy with china 1st thing in the country's pork but a fireman all groups say no. welcome to the show i'm stephen beers in berlin it's good to have you with us nigeria's that's reopened for international flights 5 months after closing airport gates to halt the spread of the krona virus the closure threatened tens of thousands of jobs and put airlines there in a tailspin that they're still struggling to get out of our correspondent fanny fox our reports for. these roads are usually packed with cars on the way to the international airport but since march no regular flights in or out of nigeria this is the biggest and busiest airport in nigeria but for the past 5 months it's been closed for international passenger flights they are planning to reopen in just a few days but the economic impact period of isolation will be felt for some time. that impact starts right here no arrivals no customers for the taxi drivers so

with the balance sheet worth $40000000000.00 the ali baba group is an online retail giant dubbed the chinese. 0. 0. 00 is investing $15000000000.00 in research facilities in china but also in the u.s. russia and israel. is very important for the company to you invest and it was all to take on all of. the artificial intelligence you see is going to be difficult for the company not only for on top i assume for many many companies. so while we invest a lot to help costumers to improve the experience he's. like the look of this dress with one click offers a myriad of similar options it takes mere seconds to review millions of items listed on its website so basically to take knowledge of hand to recognize walk into picture i know where to productive is we know where to previous and in doing extract features and don't we compare always order provided we have didn't send back the same or seem never talked to our customers. the chinese are now even more dependent on their smartphones than western countries . a host of vital services are centralized within a few online platforms like the wide

like the look of this dress with one click ali baba offers a myriad of similar options it takes mere seconds to review millions of items listed on its website. so basically to take knowledge and to recognize what he's into picture and a word to predominate is we know where to provide these and then in doing extract features and then we compare a we or the product we have and then send back the same or scene over. to our customers. the chinese are now even more dependent on their smartphones than western countries . host of vital services are centralized within a few online platforms like the widely popular we chat which boasts 1000000000 monthly users. so you. should go on the. show you know. some of the way. through. your floor. so. you. can you share what she share with us and what you're doing we are. hiding out of it all the. way through the. consumers can't get enough and show little concern for their own privacy. all the better for ambitious corporations who strive to understand and adapt to consumer behavior. this firm is specialized in processing data from smart phones the nu

now is the time to find out more and group is the financial technology of chinese commerce giant ali baba and it's just filed for a do you a listing in shanghai and hong kong the i.p.o. is being billed as one of the world's largest stock market listings which could well raise a record $30000000000.00 and group operates ali pay $1.00 of china's 2 dominant online payment services now for more on this story let's bring in our financial correspondent in frankfurt that's chelsea delaney good morning to you and a man in taipei it's so hans soo good morning to you too and i'd like to start with you. because why is it you will have listing and both of those basically taking place in china. well actually the end financial is not the 1st chinese company to list both and china and hong kong we know companies like net. and financial sister company they all went to hong kong for a listing and there are several reasons the 1st reason is because hong kong has a very special financial status so for these chinese companies hong kong like the united states is considered offshore investment with the stock m

when you go to ali baba and aliexpress, the selling price is what is real, and those stores make millionsre store and they collect the money, they disappear and they don't ship any products. and those stores are literally, like, everywhere. anybody, literally, can identify and source products online, can set up a means to have those products shipped, can do so, to a large extent, with a good degree of anonymity, quickly sell a whole bunch of dangerous or counterfeit products and then exit the system before regulators have had a chance to even catch up, is obviously a significant concern for us. so we went to the source of all of this — instagram, and they replied, telling us that "there's no place forfraudulent or inauthentic behaviour on instagram and we removed the accounts brought to their attention." they didn't answer the question about taking any action against influencers themselves, however, they did tell us they must follow local laws and vet brands before agreeing to any paid partnership. so, from zara telling us about the suspicious e—mails she'd been receiving, we delved into

forcing it into another big american tech companies hands when you're talking about getting rid of ali baba which is really the only true competition to amazon anywhere in the world as an e-commerce site when you're talking about doing that what you're actually doing is you're strengthening the monopolies that these tech companies already have the stranglehold they already have and by going around using the full force and might of the u.s. government you're preventing any kind of foreign competition to companies that are not benevolent companies or companies that have abused their power in the past and will only continue to increase that abuse as they are the only game in town not jeffrey what about that point that ben is making here i mean these moves are actually anti-trust or anti-competitive practices but are being issued by big government instead of another company do you see it this way as well. ben is absolutely right and i'll tell you something else is absolutely right is that the spokesman for the chinese communist party i hate to say. you know when the communists are preaching mar

companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you it doesn't surprise me it disappoints me i continue to be disappointed by these decisions by the trump administration really to take the stance look i have a huge problem with it i have a problem with the way the way has been treated as a private company but essentially having the u.s. government essentially launch not only a war against wall wait here in the u.s. but to really go to bat overseas and to try to get while we remove from countries around the world which again is not a good.

10 cent actually has a stake in i think it is actually only a matter of time before retiring even ali baba with target the next because the tax cold war is really escalating this year as a relationship and trade between the u.s. and china it's breaking down even further so it would be naive to think that this would only affect holiday last year so as part of this new clean network order it's prohibiting the u.s. president from doing business with tech talk and we chat meaning that they will not be available to download off of the apple app store the google play store so banning to talk was one thing but now messing with we chat you could say that we chat is the backbone of social media in china to say that it's just another small short medium essay abbots really understanding it because it's a messaging app it's a marketing tool it's a pain and savings app it's a news portal at the online sales hub and much much more with a user base as you mentioned or. point $2000000000.00 so this band is coming from the same place as the band on the hallway it's a place of fear that the u.s. is no longe

south china morning post newspaper which is owned by one of the mainland most influential companies ali baba so well connected that in fact the n.p.c. are not going to be as unyielding as they've been to hong kong during the past few months and there's every sign they're going to allow the existing legislature to be extended for another here and now the reason for that say analysts is that china wants to in a sense modify the u.s. administration before the elections on november the everything in a sense connected to that adrian thanks very much aaron brown our correspondent there reporting live from hong kong. still to come on this program here on al-jazeera volunteers pitching in to clean up oil that's blackened the pristine waters of marissa's as salvage crews race to prevent another spill. have it still hot in most of your far above where the average would take the temperatures but it's not as hot as it was is an increasing amount of clouds there longer a capping area of high pressure now there's a leakage of humidity certain might feel hotter for places and the research the thunderstorms

worrisome and troublesome for the entire recovery story and i want to move on to something else here ali baba just reported beating quarterly revenue and profit estimates thursday as traders continue to monitor the situation between the united states and china continues to remain a potential target if president makes further moves against chinese companies i was actually responding to this well i've just reported spectacular earnings as the company's stock is actually up about 23 percent year to date right now its core commerce and computing business is still very solid as demand continued to grow as it is very on trend with this entire stay at home play so it's domestic commerce business has not fully recovered to the pre-code levels and while computing revenues that group about 59 percent across the board year over year however despite this very very upbeat statement by management they reiterated that will continue to face headwinds from the global political landscape and the tensions between china and the us stated that they are closely monitoring the situation this latest shift in the u.s

i think this is a cheap challenge of 5g it's not just about Ãit's all about ali baba the chinese versionbook amazon and google. to eventually dominate facebook, amazon and google and dominate the world, the chinese strategy for artificial intelligence is to become the saudi arabia of data and that's really what they are doing today. >> my final comments we need to break through the firewall in china and get information into the chinese people if we do that the chinese people will get rid of the communist party of china. thank you all. [applause] i like to moderate but i know when the panel is above my pay grade. i add asked bill gertz to moderate this panel. liberty students are watching we've got a ton of folks streaming to different channels across country.i will let you know who you just heard from. these are the three best book authors in the country by far and all of their titles are not exactly rosy scenario, they're not optimists. i'm an optimistic calvinist if there is a thing. michael pillsbury, 100 year marathon, it's a war. in the general and stealth war and bill bill gertz on

. >> and mark, the chinese internet picks >> well, i think that ten cent and ali baba are my biggest positions. and if you are used to buying the garbage banks in that etf, the top leading percent is taiwan semi which we have talked about all of the time and another way to get the exposure with the yuan and the exposure and that trade has done well, and taiwan semi, and looking at that and what they will do for the qualcomm outsourcing, and so i think that with the intel news, it is going higher. >> we are in the gulf of mexico tracking not one but two major storms and how they could impact the energy markets. >>> and litter, technical difficulties and what happened to zoom today which is a big stor bte fack to school. we have the details when "fast money" returns. change the plan or stay the course? that's why northern trust is here. with specialized expertise... a history of success through every economic climate... and proven strategies rooted in data and analytics. giving you more control. clarity. and confidence. for now and whatever's next northern trust wealth management. you

last year and i remember we welcome chinese visitors to isour headquarters and that company was ali baba. and then to spend two weeks in china looking for market opportunitiesni this time it was different those that spoke so passionately about their grand strategy for global domination and i saw how they positioned in the united states then i got the in-depth look at technology as soon as i got back he went to washington and spoke to anyone who would listen and said you understand the country of the best technology usually wins. that's why i am here today because of the china challenge. my first week on the job secretary pompeo gave me to national security strategy we have developed is the three pillars the turbocharged impediments and with those emerging technologies in key areas critical to economic growth insecurity. i can tell you the second pillar of the strategy including intellectual property would require transparency and enforcement of laws. and also to understand to use theha assets including our openness and values every chinese action with skepticism and secretary pompeo said

the white house now says it's looking at restrictions on ali baba jim, a lot to watch today. good to be back with you >> good to be back with you. you did mention very important piece, which is david's piece and he's a friend of the show. talking last night i was reading it and thinking can we really go higher he has a piece that says we will blast higher that will be something that i think a lot of people would be suspect, little critical of because we're going right into the election he doesn't seem to mind that david's work is high quality and i just really think that he is just saying, it is time. and wouldn't that be something if we have a big, big move here. >> it's fascinating. he does say, jim, as you point out, the election does remain a risk but 3,600 year end and 3,800 in 12 months is a 6% gain and earnings estimate, jim, for next year 170. i mean, i remember when they thought 150 might be a risk. >> i just have to tell you, i wish everyone could get goldman's research i was fortunate enough to get that piece because it is a very logical piece because how there are

the white house now says it's looking at restrictions on ali baba jim, a lot to watch today. goodo

team owner and ali baba co-founder joe sai not only sided with the chinese communist party as it retaliated against the entire league, he characterized the hong kong protesters as leading a separatist movement. their over the top reactions are proof enough of how fragile the nba's relationship with china actually is and who is really in control of this relationship. mr. president, the control is not with the nba. in june, i sent a letter to the nba expressing my concerns about the training camps in xinjiang and the league's entanglement with the comeans communist partt party. in their response, they announced they had closed their facilities in the region and that they had severed their ties to any programs there. the problem is this -- and it is that the espn report i referenced previously disputes that assertion. i am reaching out for clarification on that matter, but in their response, i hope nba officials express clarity regarding all, each and every one, all of their business relationships with china. because the nba and other organizations that maintain close ties to the chinese commu