Microchips on smartphone display. And built on sound how a german could use this remember Libyan Desert sound in Polymer Concrete put building houses. Come to do business i want to get jones in berlin good to have you with us and were starting with china the countrys Economic Growth has fallen to an almost 3 decade low the latest quarterly figures show the economy expanded by 6. 2 percent growth of some countries would certainly kill 4 but in china its the worst result since the early ninetys so whats going on and should we be worried. In the past 3 decades the chinese economy has undergone an extraordinary transformation developing from an inward looking agrarian based society to a Major Industrial powerhouse growth has been rapid for years double digits were the norm now the pace of expansion is slowing down in the last quarter g. D. P. Rose by 6. 2 percent solid by many standards but for china the worst performance since the early 1990 used the governments been keen to offer reassurance but doesnt deny there are problems from. From one year and generally speaking Economic Performance in the 1st half of the year was within a reasonable range and has sustained momentum and overall stability. However we should also be aware that the Economic Conditions are still severe both at home and abroad huge global Economic Growth is slowing down the external instability and uncertainty are increasing the unbalanced and in adequate development as home is still accused the economy is under a new downward pressure. Much of that downward pressure is a result of the countrys ongoing trade dispute with the United States which has seen the introduction of hundreds of billions of dollars in punishing tariffs. But there are home grown problems too for years Chinese Companies have taken advantage of largely on regulated lending leading to warnings of an impending debt crisis not to weakening Global Demand dont you have a cocktail for a further slowdown in the future a source of concern far beyond beijing this years size of the countrys economy now means what happens to china happens to the world. Often more im joined by Catherine Young from Fidelity International in hong kong and to our financial correspondent daniel cope in frankfurt would like to start with you catherine because chinas economy grew 6. 2 percent in the 2nd quarter that would be great for economies such as germany or italy for sure but for china others a disappointment isnt it. I wouldnt say its an actual disappointment and in fact it was in line with consensus going into the actual trade number itself story the Economic Data itself what we do have to be mindful of is that we have seen a diesel aeration growth for more than a decade and this trend is likely to continue so we really are expecting growth between now and 2025 to really be in the vicinity of between 5 to 6 percent which really for reflects the framework of the economy that we now do see in china but nevertheless it is a kind of slowdown and would you say that it is mainly down to the trade war with the u. S. So are there other factors at play there are a number of factors at play so last year we did see sentiment really weak in both because of the trade related issues as well as because the liquidity environment was just way too tight so the cost of funding was too Expensive Companies were reinvesting the situation we find ourselves in right now theyre in for the rest of the year is it corporates because of the ongoing trade tensions have very little clarity or visibility and therefore again they are probably unlikely to react in terms of reinvesting or the cap ex cycle turning up because of these ongoing negotiations between the u. S. And china all right this uncertainty is certainly also something that is sort of a hovering over Europe Daniel bringing you in how is this chinese data going down with investors way you are in frankfurt. Well traders monica get the Frankfurt Stock Exchange were not really surprised about the growth figures we have received this morning from china it was expected to win by investors that g. D. P. Growth would be between around 6 and a half or 6 and a half percent investors seeing all of this not really as a warring ive been talking to quite some of them this morning and they are satisfied and that is more of the focus of investors this morning about the growth in the Industrial Production in china by 6. 3 percent and also in the retellings sector by 9. 8 percent all of this is making investors feel that most likely the outlook for the 2nd half of 2019 is again more promising all right one more question for you kathleen because i found one heard that p. S. A. Group the french carmaker group the deliveries in china 60 percent in the 1st half of the year so it is quite worrying you certainly for some Foreign Investors is beijing going to counter any of that certainly the slowdown. In terms of what the governments been doing theyve been tweaking policy both monetary wise and fiscally speaking but in terms of what the focus should be for investors for the 3rd quarter 4th quarter it really is on the fiscal side of things so for the Infrastructure Investment not like we saw in 2008 but more targeted Infrastructure Investment and then really encouraging businesses to again reinvest in doing so by relaxing measures such as tax cuts except so really to aid sentiment versus overall just boosting growth all right care for the young there in hong kong and from the Frankfurt Stock Exchange thank you to both of you. Well Many South Koreans a calling for a boycott of japanese goods dozens of Small Business owners rallied in seoul outside the Japanese Embassy today and thousands of others have signed petitions online and they all urged japanese Prime Minister shinzo abear to apologize for japans export restrictions against south korea and to retract them immediately. Dont wear japanese brands and dont buy japanese beer or cars. Thats what dozens of south korean Small Business owners urged their fellow countrymen to do until tokyo withdraws its trade curbs. Earlier this month japan impose restrictions on export of materials that south korean High Tech Companies like samsung need to produce t. V. And smartphone displays as well as semiconductors. And we will continue our consumption and distribution boycott of japanese products until the japanese government and the r. B. A. Administration make an apology and withdraw the export restrictions. The japanese trade curbs are seen here as retaliation for recent south korean Court Rulings ordering Japanese Companies to compensate aging karim victims of forced labor during world war 2 japan however believes it settled the issue of compensation decades ago in an agreement that normalize relations between the 2 countries the Korean Trade Ministry said theyll make the trade curbs an issue at the upcoming summit of the World Trade Organization on july 23rd and south koreas Prime Minister called in japan to return to negotiation table observers say it wont be easy resolving the conflict between the 2 countries because it revised memories of past injustices. Turkish president trichet type add to one says his country will make drastic cuts to its key Interest Rate the announcement came a week off to add one fired his central bank chief over his handling of the economy ankara. Central bank had hiked to the benchmark Interest Rate to 25 percent last year to help stabilize its currency the lira however the country is still in recession and faces double digit inflation something president at one says he hopes to change by the end of the year. Construction is booming across the globe skyscrapers roads bridges you name it for the concrete you need plenty of sand but the right kind of sand to distance on for example is not suitable which is why qatar has to import 6000000000. 00 worth of sand a year for its Construction Projects other countries in asia or in africa face similar challenges now paul it may have concrete could offer a solution. In the media a country with lots of sound and important raw material for making concrete but theres just one problem unlike most sand in germany for example the desert sand has smooth round greens that makes it unsuitable for construction there are 2 of them his company polly care want to change that. The german firm produces socalled Polymer Concrete in which Polyester Resins and the chemical for the curing process are added to the desert sand no heating is necessary here the Polymer Concrete is being used to make bricks. The price is comparable to normal construction prices even though the new material is 5. 00 times more expensive its also much lighter because the bricks are hollow. They can be assembled easily to make houses including recesses for pipes enquiries have come in from all over the world its pretty dumb things into there is lots of interest in china theyre always interested in new technology and you dont especially important for them that we have low c o 2 emissions he goes on and we produce about a 10th of the c o 2 that the cement industry does and they consider it one of the outstanding features of our technology i missed. My loans what it would be on now maybe a with all its desert sand is very interested in the technology as well some time ago polly care trained unskilled workers here to build a house from Polymer Concrete blocks in a very short time. That polly care has now built its 1st factory on the outskirts of the capital vento and employs 50 now maybe and is full time they dont just produce the Building Blocks they also build entire private houses mainly for private farms and lodges the government is also very interested talks are currently underway about orders for residential areas. Back in germany the company has ambitious plans in a few years it wants to be doing business with its Polymer Concrete in 30 countries and their heart just continues to tinker to improve the formula the an i now calls for longer when we see it as a challenge to become a little greener than we are today and yet still today we use a Polyester Resin consisting of 38 percent recycled p. G. Bottles and we hope that one day well be able to work with a bio polymer and can i just hopes that in a few years time Polymer Concrete homes like this will also be available in germany directly. From d. I. Y. Stores with a price tag to match that of a midsize car. And that is your Business Update here on d w at this hour for more you can always go online at g. W. Dot com business or follow us on twitter and on facebook for me the team member lead thanks for keeping us company. Sometimes books more exciting than in real life. What if theres no escape. List. And most treat. Never has it been this dark. Is facing mass extinction. You could say that hope itself is in danger. But there is a glimmer. The Biggest Companies are uniting to create global change. A possibility. That not only animals will be safe but hope to. The lions share of the conservation of hope. Wants to go to the moon 50 years after the 1st Lunar Landing hes training to be one of the next astronauts to set foot on the moon and maybe the 1st european. Lunar missions have taken a backseat for decades but now a new space race is growing. If you didnt. Get. The. Appearances can be deceiving this dusty landscape is not the moon but a volcanic surface on the Spanish Island of. Black. And french astronaut training. Gearing up for the next moon landing are they testing special equipment and gathering igneous rock which is similar to that found on the moon if mathias mera does make it to the moon hell need to be able to identify everything he sees. Thats the beauty of