and china and i think that's the direction we're going to be going now clifford cohen and that joining us from hong kong thank you very much for this analysis. the former chairman of the group kim chong has died of pneumonia following a long illness he was 82 years old the group was once south korea's 2nd largest in 999 under kim's leadership it's a club bankruptcy. him fled the country and lived in hiding for years to avoid criminal investigations into fraud allegations back in south korea he was sentenced to 10 years in prison in 2006 but health issues led to him being released after just a few months. the european commission is imposing temporary tariffs on bio diesel from indonesia it says heavy subsidies gave indonesian produces an unfair advantage tariffs are between 8 and 18 percent and aim to restore a level playing field for european produces indonesia mainly produces its bio diesel from palm oil currently the exports around 400000000 euros worth of it. the total european bio diesel market is worth an estimated $9000000000.00 euros. the cost of living rising in china as the na

business reporter clifford cohen and. why is boeing doing this right now well basically the federal aviation authorities have said in the u.s. that they're not going to allow the 737 max to take off again. boeing had been hoping that they would get permission sooner than rather than later so they had a board meeting in seattle and they just decided that it was time for to say that it was. to stop production now which is the 1st time in 2 decades that this is what does this mean for supply is on for employees well it's caused quite a significant meaning for suppliers in particular because the 600 companies in the supply chain involved in supplying implement instruments and all other components for the 737 max so it will it will have some kind of trickle down effect boeing has played down the impact of it said it will be letting anyone go over this. there's going to be a lot of concerns because boeing is such a huge company that it's actually been a drag on the u.s. economy all of this uncertainty about the 737 max because