it always has done before prices in hong kong is red hot real estate market suddenly declining clifford coonan from d.w. business thank you. sources say in france that paris and washington have pushed the pause button on the battle brewing over a french plan to slap a 3 percent levy on revenue from digital services earned in france talks with the us will continue throughout the year in search of a compromise the european union is growing increasingly uneasy about its dependence on u.s. companies for digital digital services the topic of a conference this week in munich. how can europe better position itself in the age of digitalisation at digital life design in munich business in media representatives and politicians are looking for answers we are not changing ourselves we had directly to become a cult digital colony of the us of china if google decides tomorrow to switch off its services for europe then what mike you see still on the screen he clearly fears they'll be nothing that's why e.u. commissioner to tone has announced a single e.u. digital strategy it's true that man vision is that yo

it always has done before prices in hong kong is red hot real estate market suddenly declining clifford coonan from d.w. business thank you. and now to some of the other business stories making news and anchor on monday the hearing has started of a senior executive of china's tech giant huawei to determine whether she will be extradited to the united states may 1 joe was arrested over a year ago and is charged with bank fraud for misleading h.s.b.c. about why always activities in iran china is calling on canada to release me c.e.o. of google owner alphabet to sun up each says artificial intelligence must be regulated but any new rules must balance the potential arms of technologies like fakes and facial recognition with the opportunities they have he was speaking in brussels days before the european commission is due to publish new proposals on ai . sources in france say paris and washington have pushed the pause button on the battle brewing over a french plan to us that a 3 percent levy on revenue from digital services earned in france the e.u. is growing increasingly uneasy about its depende

i'm joined by my colleague clifford coonan here in the studio what more can you tell us about these reports that china is to buy much more u.s. stuff but it's been a busy few hours in the in in the newsroom here we're getting some details through the chinese pledge by nearly $80000000000.00 in manufactured goods from the u.s. over the next 2 years to be $50000000000.00 more in energy supplies and probably about 35000000000 more in services which is actually one area where there is a trade surplus at the moment so we're getting the details are coming through clearly they're trying to line up the ducks ahead of this round of signing and we were seeing this all emerging now thanks for the moment to stay with us here this news comes after the us reversed its decision to label china a currency manipulator united states made the change because china had agreed to refrain from devaluing its currency to make its own goods cheaper for foreign buyers not china's currency has risen to a 5 month high on trade optimism. let's take a closer look at the story with my colleague clifford cohen here in the s