huge problem in spite of sophisticated prevention strategies the most recent survey by a german industry association revealed that almost three quarters of all german machine builders are affected by product and brand piracy the damage to the german economy is estimated to be around seven point three billion euros and that's every year and that's just lost revenue possible damage to a brand image is incalculable china is the worst abuse of new technology is making faking easier all the time thanks to three d. printers humming away in gigantic workshops not just. components going to copy but entire machines but more and more industries are fighting back from the french city of limos for example one of the finest and most expensive in the world appealing. to make a quick buck but now that famous porcelain is being protected. to plate said to be made from famous limos porcelain but only one is real the plate on the left the one on the right is a fake it's a problem limoges manufacturers have been grappling with for years world leaders and royalty may dine on the white gold as it's known but the famous

it's a huge problem in spite of sophisticated prevention strategies a recent survey by a german industry association revealed that almost three quarters of all machinery companies here in germany are affected by product and brand piracy the damage to the german economy is estimated at around seven point three billion euros and we're talking about an amount per year that's just lost revenue the possible damage to a brand image can certainly not be measured now china is the worst patent abuse or a new technology is making it easier to create fakes three d. printers and gigantic clone workshops make it possible to copy not only components but entire machines this to give you an idea of the problem now our correspondent in singapore linda hong has been following these talks between china and the us and the piracy issues as well and it's good to see you now what does washington actually say china is doing or what are the allegations because it's mainly companies copying the products not necessarily the government of course. well you know there's been it's such a long problem that chinese is actually copy

huge problem in spite of sophisticated prevention strategies the most recent survey by a german industry association revealed that almost three quarters of all german machine builders for example are affected by product and brand piracy the damage to the german economy is estimated to be seven point three billion euros per year and that's just the lost revenue the possible damage to a brand image is incalculable china is the worst place into abuse and new technology is making faking easier all the time thanks to three d. printers humming away in gigantic clone workshops not just components can be copied but entire machines but more and more industries are fighting back porcelain from the french city of limos for example as one of the finest and most expensive in the world which makes it appealing choice for counterfeiters to make a quick copy and a quick buck now the limo should pose no porcelain makers have succeeded in getting their famous porcelain protected here's how. two plates said to be made from famously moesha porcelain but only one is real the plate on the left the one on the right is a f

it's a huge problem in spite of sophisticated prevention strategies a recent survey by a german industry association revealed that almost three quarters of all german machinery producers are affected by product and brand piracy that's a lot the damage to the german economy is estimated at around seven point three billion euros and that's only per year now that's just lost revenue but the possible damage to a brand image cannot be measured china is the worst patent abuse are and now technology is making it easier to create fakes three d. printers and gigantic loan workshops make it possible to copy not only components but the entire machine our financial correspondent in singapore linda hom has been following the talks between china and the us and earlier i asked her what exactly washington is complaining about when it comes to chinese copyright infringement. well you know there's been it's such a long problem that chinese is actually copying that you know the u.s. has actually filed a complaint with the beauty or about tech tariff and this is also they're also demanding that you know during the talk

let's talk a bit about this now joining me here in the studio fucka tyo from the association of german chambers of industry and commerce good to have you with us so from the german business perspective what is the state of the russian economy right now the mood among german investors has risen recently we have more than five thousand german companies very active in russia after yes three four years of an economic slump the mood is much better and economic growth is back and trim and investors are investing ok so where is this growth actually coming from what we've heard that the world bank expects russia to grow one point seven percent this year despite those ongoing and now even a new round of sanctions are the having any impact at all. first of all we have a relaxation in gas and oil prices and russia is very dependent on commodities and so far the recovery is really as the ground on this recovery of commodities second is russia has improved in the ease of doing business in the index of the world bank by eighty ranks now it brings by around about thirty fifth rank and that means a really improvement so t

car industry some experts say the move is unlikely to create new jobs. well you know now the joins us now from the association of german chambers of commerce and industry and you're good to see you i've been talking to lots of analysts about this for weeks now and they are saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but what it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with the car sector is targeted a little bit constructed national security i mean where is the reasoning in that what's what's washington strategy. well the surge seems to be a little bit always the same for us if we. impose with strong words threats and then we might discuss about it it's very difficult to negotiate. on such a background but the question is what will really follow and

car industry some experts say the move is unlikely to create new jobs. you know joins us now from the association of germanhambers of commerce and industry and you're good to see you i've been talking to lots of analysts about this for weeks now and they a saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but when it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with a car sector is targeted a little bit constructed national security i mean where is the reasoning in that what's what's washington strategy. well the surgery seems to be a little bit always the same for us if we. impose with strong words threats and then we might discuss about it it's very difficult to negotiate. on such a background but the question is what will really follow and this

car industry some experts say the move is unlikely to create new jobs. well earlier we spoke to earlier note from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german calming effect. that's why they also have a lot of investments on the sector all sorts of a bit. to mation of the strengths also of the german carmakers in the u.s. on the other end u.s. consumers seem to a lot of german and japanese cars for terrorists are imposed and then first of all prices will rise over american customize to pay for that is the question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the americans. try to sneak below that bar and say we impose tariffs and everything will get easier that will not be the case. i asked a wall street correspondent sophie sherman ski how america justifies colin foreign call imports a national security threat. well then you know i think it's really important to understand here the way that will go wrong

talk a bit about this now joining me here in the studio is fuck a tire from the association of german chambers of industry and commerce good to have you with us so from the german business perspective what is the state of the russian economy right now the mood among german investors has risen reasonably we have more than five thousand german companies very active in russia after yes three four years of an economic slump the mood is much better and economic growth is back in term and investors are investing ok so what is this growth actually coming from what we've heard that the world bank expects russia to grow one point seven percent this year despite those ongoing and now even a new round of sanctions are the having any impact at all. first of all we have a relaxation in gas and oil prices and russia is very dependent on the commodities so for far the recovery is really as the ground on this recovery of commodities second is russia has improved in the ease of doing business in the index of the world bank by eighty ranks now it ranks by around about thirty fifth rank and that means a really improvement s

car industry some experts say the move is unlikely to create new jobs. earlier we spoke to him from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german calming effect. and that's why they also have a lot of investments on the sector of sorts a little bit. in underestimation of the strengths also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists aren't imposed and then first of all prices will rise so the american customer has to pay for that is the question of who is making the better product and that's what i meant with competition you have to there is a competition in the car sector and the americans a little bit try to sneak below that bar and say hey we impose tariffs and everything will get easier that will not be the case germany's leading lender is slashing over seven thousand jobs it's part of an overhaul of the bank under a new c.e.o. christiane c.v. his wife back in twenty twelve was the world's second large

that deal german companies for one had great hopes for the opening off the iranian markets after the lifting of economic sanctions under the agreement but according to japanese industry association these hopes have now clearly. from the german state of saxony to iran that's me child pronto stream his company photo in my snow technologies produces components for railway tracks and trains nine months ago a delegation from iran came to visit to see if they could feasibly do business. if . iran is a country with a lot of prospects for the railway industry similar to turkey or russia because in the near future they will need new infrastructure networks including railways. that's why we're very focused on breaking into the iranian market because. the nuclear treaty in two thousand and fifteen opened doors german business began work straight away to reestablish old contacts with one delegation after another traveling to tehran in two thousand and sixteen the economy minister at the time zygmunt gap will travel to terror with around a hundred german captains of industry since sanctions were lifted german companies revenue in iran has climbed by forty five percent. but now the new u.s. a

car industry some experts say the move is unlikely to create new jobs. earlier we spoke to ilya north from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german calming effect. and that's why they also have a lot of investments on the sector all sorts of a bit. an underestimation of the strengths also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists aren't imposed and then first of all prices will rise over american customers to pay for it is the question of who is making the better product and that's what i meant with competition you have to there is a competition in the car sector and the americans who are built to try to sneak below that bar and say we impose tariffs and everything will get easier that will not be the case germany's leading the lend is slashing over seven thousand jobs part of an overhaul on the dodge of banks new c.e.o. christie and saving his wife back in twenty twelve ga was the world's second largest i

potential in iran after the sanctions were lifted big business associations are frustrated this morning forecast high out of the german trade and industrial chambers stated that this is a really bad day for the german iranian business perspective he also said that all of this is unsettling lots of german companies and that all of this has nothing to do with the relationship between the u.s. and europe the association of mechanical engineering and construction stated that kiran now needs to decide if they really want to stay in the nuclear deal and if yes they will support german companies to continue doing business with iran so the move this morning many are frustrated many not sure what is most likely going to happen and danielle just briefly i mean will we see german companies pulling out of iran will they listen to washington well when they listen to the german ambassador who treated earlier that he once the business has to go out yes but many companies there is a big problem right now they are heavily invested inside of the country or signed a four hundred million u.s. dollars deal volkswagen sees big business inside of the country ar