A few quarters ago at a at the end of this quarter we saw slow down to the lowest growth and ever basically and for october data we see a slowdown in retail a fixed Asset Investment uncritically investment into fat Manufacturing Capabilities now you saw. That the stimulus measures on particular working and this is particularly reflected from new bank lending which has reached one of the lowest levels of the. Arctic. And our team is. The government is working on the supply side but the demand side is not holding up so there is theres too few bankable projects there is too much money restrictions in the Financial System which lead to bank lending siding and the us as a result of growth not picking up now that sounds like bad news all the way for china but we although we know that the u. S. China trade war has weighed heavily on both sides theres mixed messages around whether these 2 sides will come to a resolution now china has a key condition for a deal now lets listen to the statement from the countrys Commerce Ministry released earlier today showed i dont want free both producers and consumers spend if it when we cancel tariffs and in the interest of both china and the us and also the world it helps everyone not just one side has friends on our bush or. The thought that now max is china given it the weak position it is in at the moment is it in a position to demand the cancellation of tariffs from the us generally speaking no china exports far more goods to us done then the opposite and likewise china invests heavily into us and National Markets but there is a weakness on the american side and that is particular to Gartner Group cultural products and this is something that comes up time and again in negotiations the american side demands purchases of agricultural goods this is the to clear important at the moment because the us is heading towards election in in 2020 and in the states that do exports are good cultural goods to china a lot of them are voting for trump which means that if he can secure a trade deal for them they might not come out and vote for him. So given all of that how likely is it then that we will see a settlement this year well there was a talk of the socalled face one trade deal now weve heard this weve heard similar stories before just been promises of purchases of these are great cultural goods but usually what happens is that it doesnt tiriel us this time markets has been the case in the past markets have responded to 2 which would hope whats the trade deal weve seen currency appreciation on the chinese side but i wouldnt be too optimistic i think we need to wait and see waiting and seeing is what weve been doing this whole time absolutely thank you very much max from the market the institute for china studies thank you for your insights shifting our focus to europe now germany has narrowly avoided entering a technical recession the economy grew by point one percent in the last quarter surprising analysts who had expected stagnation there were fears that europes economic engine was headed for a recession after growth slowed in the 2nd quarter export reliant germany has struggled as a result of the u. S. China trade war and slowing global demand. Our financial correspondent Chelsea Delaney joins us now from frankfurt chelsea narrowly avoiding recession may be good news but does it actually inspire confidence. Its certainly early if definitely after all of the worry theres been about a recession but its also an extremely low bar to be clearing here and i dont think it changes the the longer term narrative for germany which is very constrained growth expectations the German Economy is really been hurt by these trade changes through china and we continue to see weak growth in the Manufacturing Sector but there are some bright spots including Consumer Spending remains strong Construction Activity is strong so there is hope that the economy has at least bottomed out but even even if thats the case the growth expectations are basically for stagnation Going Forward and there are a lot of Downside Risks including from these trade tensions which china and changes for the for the auto sector with. Growth with the transition to electric vehicles so theres its still not really looking great for the German Economy the German Economy is not out of the woods yet Chelsea Delaney in frankfurt there for us thank you very much. A meeting of the socalled brics countries is underway in the brazilian capital brasilia theyre trying to strengthen economic and security ties a challenging task for such a Diverse Group on any day but in a time where multilateralism has taken a hit its an even harder project. He has to see in the brics countries chinese president xi jinping after all china is the undisputed heavyweight among emerging economies brazil russia india and south africa are merely audience members. There are lots of good suggestions on how we can strengthen trade systems commercial hurdles and improve communication and cooperation the suggestions shows what the economy needs. Host brazilian president jarrod boss on our oh is stuck between a rock and a hard place hes no fan of multilateralism and he seeks close ties with the u. S. President trump still china is a key investor for brazil what is. Your last movie premier of. China is our most important trading partner. Together with my entire team as well as the brazilian Business Community we want not just to expand we want to diversify our trade relations. Thats probably music too shes yours after europe and africa china has long had south america in mind for the construction of its gigantic Infrastructure Project the new silk road. The Peace Process in colombia is facing new challenges that could endanger a deal signed by the state and former. But theres also a new push from communities to strengthen peace with the government young Business People are supporting projects that help x. Fighters reintegrate into society d. W. Visited a Textile Factory and brewery that has gotten involved ruben diarrheal caught a meal is checking the brewery equipment the beer lot oha is one of the items think produced by former farm rebels following the Peace Agreement between fark and the government just like who then about 3000 exploiters live in these camps made for x. Park members to Reenter Society the former fighters receive the equivalent of 200. 00 euros a month its the same money that finances the brewery. Even though its very popular seals income doesnt cover production costs. Which was bought by. Colleagues gave us the brewery and the fermenter they buy them for us and trust us to take care of them where racking up debt to keep the project going we end up working just to pay off the debt whereas i thought ok i was there on this body bag on the day with us. Its a problem that the ex fighters in the cooperative weaving for peace know all too well here just a few meters away from the brewery clothing is being assembled the factory is only able to stay open with the help of a Small Company called money fiesta from bogota the entrepreneurs design and sell the clothes at the cooperative. But a little bit along i think but for us the reason behind it is the most important thing the story of the x. Fighters who are using this year as a chance to once again become a part of society by having a go but out of. The clothes sell well but the factory doesnt have the necessary resources and machines to help the ex fighters live from their sales. Colombia has invested 8000000 euros in government projects independent projects like lateral or manifest or dont receive any support but government representatives emphasize that their Financial Aid is helping 50000 people and they finance a new project every 10 days. See into why build more we dont know if there was another place on earth that founded a new Company Every 10 days it would be considered the most productive place in the universe might succeed does that 1000000000 years. Many colombians are against the Peace Process this issue ation has gotten worse since 2 former high level fark leaders once again took up the Armed Struggle against the state for joshua one of the agreements negotiators this situation means its more urgent that exploiters find success in their projects is to call them reality going to be able to view these colombian men and women live in a world where dealing drugs and illegal mining attempting alternatives will fall the. State has to offer them better opportunities that are more attractive than criminal activities or hey lets get rid of it for the good of you know if youve got until or and the money if yes to team know that it wont be easy but they and the x. Fighters want to prove that little by little peace in colombia is possible. Chinese production data disappoints and germany narrowly escapes recession you heard it here and thats it from me and the d. W. Business team for more you can always go to d. W. Dot com slash business or follow us on social media im joined now the out in berlin thank you very much for watching. Go to the euro max. Lucado stood. With rick scott. Sites. And a must see concerning culture to europe. Place to be for curious minds. Do it yourself networkers. So subscribe dont miss out. Coming. From the adventures of the famous naturalist and explorer. To celebrate clicks on the front of the worlds 250. 00. Marking on the for the job discovery. Expedition homeboys on dino. Sims and now to look at me affectionately which was affectionately as you can. Fly to me or put him in the middle of his Election Campaign in the year 2000 a documentary was filmed for Russian Television but director vitali months asian cultures much more that was determined back on should the young of course. The film secretly krone gold a power grab actually everything was precisely planned and structured. Featuring top supporting roles. To go it was the focus and sure to the freedom of russia. And featuring a lead role like youve never seen before let me be clear with you i have to act in ways that i feel necessary people to simply understand that. The players i mean of each do the ends justify the means. To terms with mrs starts december 13th on t w. This is due to every news line from Berlin Police in california respond to an active shooting at a school at least 5 people are reported injured in the incidents sheriffs deputies swarm out in Santa Clarita near l. A. Well go live to the u. S. Also coming up a tenuous truce sing gaza after 2 days of violence Palestinian Militants wind down there rocket attacks on israel israel says its respected the cease fire after rates which killed 34 palestinians and how to stop