thank you, joao da silva. live at our _ mend. thank you, joao da silva. live at our asia _ mend. you, joao da silva. live at our asia business hub - live at our asia business hub in singapore. staying in china, the german chancellor, olaf scholz, has arrived in beijing and has been meeting with president xijinping on the final day of his visit to the country. mr xi reportedly said that bilateral ties would continue to develop as long as both sides respected each other and sought common ground. the meeting in beijing comes at the end of a three—day visit aimed at shoring up berlin's economic ties with its biggest trading partner. mr scholz was expected to be pressed by the president not to support possible european union curbs on chinese tech imports, including electric cars. let's speak now to mikko huotari, executive director of the mercator institute for china studies, who joins us from berlin. talk to me about what is at stake here, a three—day meeting why is the visit so important for both sides? it why is the visit so important for both sides?— for both sides? it is a very co

our business reporter, joao da silva, explains.est apps right now with more than a billion active users worldwide, most of them young and they tend to spend more time on tiktok than on any other app which makes it very attractive for advertisers. but not everybody is happy about it. politicians and the us, tiktok�*s biggest market, had set their sights on the up. they seem to have a problem with tiktok owner — byte da nce. it was created in beijing in 2012 and since then, it's become one of the fastest growing companies out of china. and it's precisely bytedance's origin that has us lawmakers worried. they say bytedance is a chinese company and as such, it could be compelled by the chinese government to either give up the data it has on american users or to conduct influence operations among the american public. but according to tiktok, it is a myth that bytedance is a chinese company. the social media company says 6% of bytedance is owned the social media company says 60% of bytedance is owned by global edition investors like carl

joao da silva is there. tell us more?ll, samsun was the big winner taking more than a fifth of the total global sales share and claiming back the top phone make a spot from apple. the iphone maker was doing better than the previous quarter but south korea's samsun launched its new galaxy is 24 �*s smart phone series at the beginning of the year which is obviously doing very well with consumers right now. besides samsun's new smart phone line up i—phone was contending with a slowdown in china which is its third—largest market, shipments there had already shrunk more than 2% at the end of last year, chinese consumers have been more cautious, with the economy not doing so well, they are less keen to spend on things like cellphones. there is also a huge competition from china's own smart phone bands, one of the top smart phone makers took third place after samsung and apple and global shipments in the first quarter, and others like huawei have continued to gain market share as well. apple fans are keen for updates on how they