let's go live to andrea hang our financial correspondent in singapore andrea what's in it for grabs and softbank well on the surface been it looks like greg just wants to penetrate and already a market that's already dominated by gold which is the local rival in indonesia grab is already present in 8 countries in the region and that's compared to go it takes 2 not in indonesia alone greg will be able to increase from this deal it's presence from 224 cities up to 30338 cities excuse me so this deal is going to go beyond just expanding and offering its right having services is actually going to go beyond that to expand indonesia's transport infrastructure as well as the digital economy with the largest southeast asian economy in its hand so it obviously has a lot on its plate grab and it sounds like it's gobbling up quite a few competitors along the way it could become quite a monopoly this ride hailing landscape in southeast asia from what i'm hearing. is exactly this is the 2nd headquarters for grette isn't just to expand and extend its right hitting services in great insights in the re

that's very nice of business correspondent andrea hang from singapore where is this the 1st results of the trade conflict. well look at how the trade conflict is only hof responsible for what's happening in china with these numbers now there are 2 other 2 that 2 other push factors number one inflation now china has imposed some cooling measures to those producer prices that you mentioned but no that is not there's a worry that there's a bit of there's a bit lacking of an inflation especially with food inflation and that could lead to a deflation instead of number 2 or oil prices oil and natural gas prices fell 1.8 percent year on year in the same period and that is going to ultimately affect producer prices and upstream. or are we already seeing other effects in the rest of asia. well in asia that 2 things that are happening right now the 1st lot will get more global demand overall is forcing suppliers to look for other production bases elsewhere but typically in places like vietnam india and thailand where production costs are generally lower the 2nd thing that's happening is domestic

that's very business correspondent andrea hang from singapore where is this the 1st results of the trade conflict. well the trade call.