tariffs, and they will also increase slightly belarus china is building up contacts between the ministry of industry and the china chamber of commerce export of engineering and electronic products signed a memorandum of cooperation. this document will take the belarusian-chinese partnership in the industrial sector to a new level. in general cooperation. minsk beijing show good dynamics in the last year. despite the pandemic, foreign trade turnover of goods and services has grown and has come close to $6 billion, and in the first quarter of this year, mutual trade amounted to more than a billion dollars, our country is in the top 10 suppliers celestial potash fertilizer whey, meat products and rapeseed oil. and now the situation on the foreign exchange market dollar - euro and yuan, have risen in price, and the rate of the russian ruble has become lower. so the us dollar costs 2 rubles. 54 kop. euro-2 rubles 65 kop. for 10 yuan they ask for 3 rubles. 84 kop. and for 100 russian 4 rubles. 15 kop. the exchange currency market in belarus shows a positive trend, said the chairman of the board of the belarusian currency stock exchange. s

your full co, he's president of the chamber of commerce in china. thank you very much. thank you . and now to some of the other global business stories making headlines. those locked down in china are adding to problems for german companies, industrial orders. they're slumped 4.7 percent in march compared to the previous month. that's according to the federal statistical office. uncertainty around russia's war and ukraine is one factor wing on producers. as are rising energy prices. backing the trend beams of you says its 1st quarter was boosted by its chinese operations. the german luxury car maker reported earning earnings up to 16 percent to 31000000000 euros. the company credited the strong increase to the consolidation of its chinese joint venture b, m. w brilliance, automotive and high demand for its premium vehicles. rising ticket sales in the 1st quarter helped keep germany's flagship airline tanza in year, despite high fuel costs compared to the same period. last year. the airlines net losses fell by 40 percent using a just 580000000 euros. the company pledge to expand its

china in the wake of russia's war in ukraine. same time, china's attempts to rein in covid are having global repercussions on supply chains and inflation. joining us is the president of the eu chamber of commerceina. you take polls of european corporate attitudes about china. what is the future of european investment in china looking like? >> we have our big survey coming out on thursday and the data set is very grim. one thing is clear, we are not leaving china, but we are putting additional investment in china on pause because geopolitical uncertainty drives the question. we have also the problem that top executives cannot come into china. they can fly to jakarta, manila or singapore. this not exchange of top executives does not entice when you can't visit investor locations. basically dispersing it where they can get. dani: you described it as a pause. will there are wonder -- will they are or won't there be permanent scarring? joerg: nobody can walk away from china. china cannot be replaced. if you want to replace those clusters, you can go to other countries and pay more than halve logistical difficulties. at the same time, the quality china is driving, the unpredictability is out of the

if you read more recent polling of western companies, whether it's through the american chamber of commerce in china or the european union chamber of commerce holding of its member companies, the trend lines are quite quite negative. and i think that's a reflection of the sheet governments heavy thumb on all aspects of operating in china. and i think you're going to see that the trend lines are, are going towards companies diversifying, whether it's using china as a basis for there's i chain as well as diversifying china as a marketplace. right? so hopefully be some reforms internally within china to make it a truly welcoming country. coming back to the question of economic blogs, maybe told he co, how countries in the, in the region view this, do they feel that they need to make a choice between close economic ties with the us. all with china. do have to choose between. i pad on the one hand and the p p, p o, the road and belt initiative on the other countries such as united states in japan where the full market economy and plus open and transparent. government must stick together to set the rules

of china. according to the german chambers of commerce abroad, that's up to 20 percent of employees at some german companies. the w h o has now called for china to abandon it's 0 coven position, and they're all along with all of those actions. as we said, since the beginning should be a true respect to individual and human rights. and we always have said as to which we need to balance the control measures against the impact they have on society, the impact the heavenly economy. the chinese government rejects this as irresponsible it says it's sticking with 0 cove. it to one over the phone call function. the chinese government's pandemic measures will pass the test of time from contort. our measures are scientific and effective, and china is one of the most successful countries in the world, in terms of pandemic control. what actually, but both china's economy and global supply chains are suffering as are those businesses whose foreign employees no longer want to live in the land of lockdown. and are looking to space astronomers unveiled the 1st image is ever captured of a super massive black hole

we will be speaking with the american chamber of commerce president in china, to get a look at how americanompanies doing business in shanghai are feeling, during this almost nearly two months long lockdown in shanghai. but those numbers, we will talk about the greater jp morgan strategy for china. last year jp morgan got the approval for its securities venture in china. and then, of course, all hell broke loose at the beginning of this year, in the first six months of that approval of the securities venture. the chinese economy has ground to a halt. the asia-pacific ceo of jp morgan will be speaking to us about the outlook for china and the greater region later this morning. and then wendy, the jp morgan chief asia and china equity strategist, we all know about the controversial call that was scrubbed from the research books at jp morgan, about chinese tech being uninvestable? well, yesterday we got a bit of a reversal from the equities analyst team at jp morgan, upgrading a number of titles, including alibaba, netease to overweight from underweight. we will get some justification and the

china's 0 coven policy has european companies. they're bracing for losses and reconsidering their investments. that's according to a new survey from the european chamber of commerce. more than a quarter of the 370 firms participating in the survey said they're thinking about pausing investments or moving them to other markets. that's double the number from 2 months ago. almost 60 percent of those question projected lower revenues for the year b james 0 cove policy has resulted in locked down to the manufacturing of, of sion, gen, as well as the world's largest port. shanghai is not just beijing scope, it policy was causing problems for the chinese economy, dw businesses, china analyst clifford conan, takes a look at the challenges facing the world 2nd biggest economy. supply chains are struggling to keep product moving. retail sales or falling restaurants and catering are suffering. industrial production is slowing, unemployment is on the rise. almost every metric suggest beijing's official forecast of 5.5 percent growth this year is too optimistic.

the us chamber of commerce considered that the american economy could lose over a trillion dollars in 10 years. if the white house continues the trade war with china, in order to prevent this, the authorities will think about the abolition of duties. and on this i have everything stay with us. and may your working week be successful, have a good day. the morning broadcast continues with the zona x program and i'm violetta sokolovich. hello. experts in slutsk helped solve a car theft, the hostess reported about the disappearance of a volkswagen passat car. she noted that the vehicle was left in the parking lot near the house. after some time, the car was no longer there, the investigative group of experts. examined the scene of the accident, the car soon managed to find it glass and the door of the intruders. left his fingerprints. here the puzzle was formed after the inspection of the car by specialists on the surface of the glass, as well as on the surface of the door. fingerprints were found when checking the seized traces in the department of the state committee for forensic examination, a match was found in the minsk region with a previously c

chamber of commerce and some economists and lawyers to remove those. another of the administration will be asking we have midterm elections in november. if they remove these, are they seen as soft on china and that is something the administration does not want to be seen as. alix: on the economic front let's pretend it does happen. how quickly does that feed into inflation. michael: the peterson institute said over the course of the year and they think once the tariffs are removed, then you could see about a 3/10 percent decrease in inflation on a monthly basis. the problem is many contacts for imports are already signed. we are also getting to the season where everybody starts ordering for the holidays and so it could have an effect by the end of the year. it does not help with the november 1 tuesday problem for the democratic party. the other issue is him sure they're having a grand old time arguing about this in davos, does it really and for -- doesn't really affect inflation. there are all kinds of studies that say a big impact or not much at all. as far as the president sitting down with janet yellen, he really needs to sit down with catherine because the u.s. trade representative

china. that red to a -- that led to a rally in the offshore yuan. the president has come under pressure from some lawmakers and economists and the u.s. chamber of commerceduce or eliminate them. president biden is seeking to reassure americans about the current monkeypox out. at a news conference in tokyo, the president said it was unlikely to cause a pandemic on the scale of the coronavirus. he said the u.s. has enough smallpox vaccine stockpiled to deal with the outbreak. ukraine's president said russia's economy should be shut off from the world and invited global investors to shift their resources into ukraine to help rebuild the country. in a video address to the rota, forum, dusty world economic forum, -- the world economic forum. police are searching for a man who shot and killed a goldman sachs employee on a subway train. daniel in recast is 48 and -- daniel henrik as -- daniel henriquez was 48 and worked for goldman sachs. hsbc has reportedly suspended an executive after he criticized the finance industry for worrying too much about climate change. the bank is conducting an internal investigation into stuart kirk's remarks, the head of responsi

if china's not going to be opening its borders, does it mean the priority must be opening up the borders internationally. the morning post is reporting john the is reporting for chambers of commerceiness leaders and their take, us speaking anonymously saying it looks as though john lee, while a hardliner on security issues, here spear -- he spirit headed -- he spearheaded the law, and shutting it down. while he is a hardliner on security issues, he is also more pragmatic and an easy listener. these are not my words, more so than the outgoing ce carrie lam. rishaad: certainly, the election this weekend. the chief executive, doing something to perhaps mark his honeymoon as he gets on. having a horrid day on the markets. juliette: absolutely. some of the growth worries really hurting the hong kong and china markets. look at the hang seng index. down by about 3.3% in the morning session and seeing a lot of spill down in the hang seng tech index. this time last week we saw the big rally on the back of the support coming through from the politburo, which is being followed up by authorities again. it is these concerns about delisting fears in the u.s. weighing on these markets. let's ha

the surveys from the american chamber of commerce shows there's real concern about hong kong and by the way, there is amsham surveys for chinaunity. you have the big box stores, especially walmart, are defending their china supply chains. they still want to stay there. they believe freight rates will come down. they believe things will open up and so they're committed to manufacturing in china. where the president of the united states should be convincing them to move to central america, mexico, and to the united states itself. maria: you know, gordon, did you see that story recently that jp morgan had a research report that was circulated and the research report said that chinese stocks are, quote, uninvestable. and it wasn't very long before the research report was taken back and people familiar with the story said that it was never meant to see the light of day. bloomberg did a whole story about it, saying that it was removed from 28 reports planned by the technology analyst and it wasn't supposed to be published. i don't know if the beijing overlords saw it, called jp morgan and said you can't say our companies are uninv

china's contacts are increasing the ministry of industry and the chinese chamber of commerce for import and export of machine-building and electronic products signed a memorandum of cooperation this document will take the belarusian chinese partnership in the industrial sector to a new level. in general, cooperation between minsk and beijing shows good dynamics following the results of the past year. despite the pandemic, the foreign trade turnover of goods and services grew and came close to $6 billion, and in the first quarter of this year, mutual trade amounted to more than a billion dollars, our country is in the top 10 suppliers of potash fertilizers, milk whey, meat products and rapeseed oil to china. and now the situation on the foreign exchange market, the dollar against the euro and the yuan, have risen in price, and the exchange rate of the russian ruble has become lower. so the us dollar costs 2 rubles. 54 kopecks euro 2 rubles 65 kopecks for 10 yuan he asks for 3 rubles. 84 kop. and for 100 russian 4 rubles. 15 kop. the exchange currency market in belarus is showing positive

china , let me remind you that they were carried out under the previous president donald trump. discussions ahead on how to proceed with all these new challenges to the economy and national security the us chambers of commerce has estimated that the us economy could lose more than a trillion dollars in 10 years. if the white house continues the trade war with china, in order to prevent this from happening, the authorities think about the abolition of duties, and that's it. i'll stay with us. and may your working week be successful, have a good day. morning the broadcast continues the program zone x i am violetta sokolovic. hello. experts in slutsk helped solve a car theft, the hostess reported about the disappearance of a volkswagen passat car. she noted that the vehicle was left in the parking lot near the house. after a while, the car was no longer there, the investigative-operational group of experts. they examined the scene of the incident, the car was soon found, and the intruder left his prints on the glass and the door. here the puzzle was formed after the inspection of the car by a specialist on the glass surface, as well as fingerprints were found on the surface of the doors when checking the seize

china. let me remind you that they were carried out under the previous president donald trump. discussions ahead on how to deal with all these new challenges to the economy and national security the us chambers of commerce has calculated that the us economy could lose more than a trillion dollars in 10 years.