Impacts our local store so is it this have yet to some sizable update in. The recent past that impasse may have even increase for. Consumption and investment demand will likely be bent you know daughter arms for the rest of the year. While a very Bleak Outlook there whats the view from abroad lets bring in home town market analyst at forex time in kuala lumpur you with us how is the Economic Development impacting foreign business interests in the region. Right so one thing well look at will be exporters those who exploit their goods into hong kong and theyve been hit hard i was reading a story about a swiss lottery watch maker where so you know exports into hong kong dropped now in another in a rather perverse way youve got other parts of asia that may be benefiting from hong kongs was not estimates of about 4000000000. 00 u. S. Dollars and have a float out of hong kong into the likes of singapore there are reports of the locals scouring for properties to buy him a backyard here in malaysia so there could be this a positive spillover from the wars in hong kong into the broader asian context but as far as the negative spillover is a concern that appears to be limited at the time being all right but this outflow that youre mentioning there could this be a sign that hong kong is running the risk of losing the status as one of the most important financial hops. Well to be clear we have to admit that it is a risk but it remains a remote risk right now. Were just not quite there yet i mean its going to take a paradigm shift in order for these huge banks and m. N. C. Ease and Financial Firms to uproot themselves after decades of expansion in hong kong i mean i keep in mind hong kong now it is the your capital in the world a lousy alone its or over 30000000000. 00 worth of listings in hong kong and youve got the upcoming our 2nd relisting of our words at least 12000000000. 00 and i think theyll be a litmus test for hong kong standing as a Financial Hub in the region well see whether the conflict and the tensions in hong kong will dampen the amount for the listing because otherwise youve got the likes of shanghai or singapore 11 there ready to step up to the plate. And their market analyst at 4 x. Time in kuala lumpur thank you so much for your time. Apart from a very specific political turmoil hong kong is also faced with all the other challenges associated with megacities growing population and rising cost of living and many cities especially in asia and africa are already bursting at the seams and get this by 2050 theyll be 2 and a half a 1000000000 more People Living in cities and there are today so what to do about it will one solution build new cities from scratch its already happening all over the world and one of the most extreme examples is near which is located in the northwest of saudi arabia right now its a desert landscape but the plan is to turn it into a futuristic commercial and super high take hub in 2025 constructions already underway the cost of the development about 500000000000. 00 or more lets bring in our correspondent in singapore drea hang. 500000000000. 00 for this particular development which investor is interested in spending so much money well there are a number of reasons monaco why these new next gen cities are appealing 1st its easy overcrowding in existing cities theres also the other reason which is to allow for a smoother economic transition out of agriculture or a resource based economy and 3rd and most importantly its to have new infrastructure to a long infrastructure that can have an accommodate new technology which is going to be predominant in the coming years and you know these these other things that all the cities simply cannot a comedy but older dated cities usually have some sort of appeal of historic appeal as well who actually lives in the next gen cities. Well like you said earlier by the year 2050 the United Nations forecasts that 66 percent of the global population is going to live in cities and where are these people going to go theyre going to go to these new cities now the meeting the needs of these new city new set new billions of people rather is something that the current all the cities just cannot have could be the cannot accommodate theres no simply no space so the new the profile of the people that are going to move to the cities will very much depend on the industries that are going to be settling there and the jobs say they present and these are most likely going to be in the Digital Industry but not all these new cities are actually successful and pudong is a very success example for Great Success is big financial help in shanghai but then there is another one for a city in malaysia for example that it doesnt work out that well whats the criteria for success i think theres no real criteria for success i think what it takes is time timing and a very Big Government push for a city yes its yet to take all but portrait jiah this 1st city so to speak is thriving well now another one order was called come by cian in among golyer it was one of known as one of chinas ghost cities now at the start or does come but she had very few people to start with but its as often the 17 reports see that the population and businesses there are starting to pick up and they will most likely meet its 2023 expectation or 300000 people in the population all right looks like there is no stopping there for next gen megacities and reading in singapore thank you so much. Many big cities struggle with air pollution and one of the worst affected is Indias National capital delhi after weeks of thick smog residents there are now willing to pay for a gulp of clean air. By night a hazy glow descends on delhi as electric lights mix with the acrid smog but just metres from the polluted street theres now a place for people who want a breath of fresh air people like billy whos come to the oxygen bar in the hope of being able to breathe a little more easily. The heart more durable its all about keeping my heart healthy without unpolluted oxygen thats very difficult you can drink purified water but the air is not something you can control however here ive found 99 percent oxygen and theyre doing their best with fortunate for this quarter and for those. With a variety of different flavors billy can get a goal of near pure oxygen for 500. 00 rupees or around 7. 00 per 15 minute session the oxygen bubbles through colorful aromatic liquids before being breathed in the effects are unproven but with air quality in new delhi hovering between poor and severe plus since late october billy sees it as worth a try the bars owner a. J. Is confident of the benefits. Of human a check you have offered when i checked recently the air quality index was showing at around 642 which is extremely dangerous for your health this session helps a lot in that it detoxifies the body and reduces the impact of pollution or the carbon your inhaling it also energizes the body and makes you feel relaxed. Good luck to look out there. And as billy demonstrates theres a variety of ways you can get your oxygen fix a delis only bar where you step inside for a breath of fresh air. And that is some of the other Global Business stories making use of the European Investment bank will stop funding fossil fuels by the end of 20. 21 to help fight Climate Change that includes natural gas projects many European Countries still rely heavily on gas to power electricity grids the bank says policy changes need to strike the right balance between protection in the environment and the needs of the people. Amazon wants to challenge the pentagons decision to give microsoft a 10000000000. 00 Cloud Computing contract the online retailer says politics but in the way of a fair process he was present on a trump has repeatedly taken swipes at amazon and its founder jeff bezos whos also owns the washington post. Everyone has traveled from europe to stray and knows the ordeal changing planes halfway and spending a full day in the air Australian Airline quantas is looking into ways to change that its just completed a nonstop trial flight half way around the world. When the brits 1st arrived in australia in 1788. 00 it followed a voyage of 7 months flight q. F. 7879. 00 touched down in sydney after 19 hours and 19 minutes the boeing 787 dreamliner carried just over 50 passengers and crew on the 800000 kilometer journey. First to emerge at the other end and looking reasonably fresh was going to see alan joyce he was greeted not only with the didgeridoo but with glowing words about the century old National Carrier from australian Prime Minister scott morrison. Well i think for so many astride eons its the optimism of quarters from its birth guys to be is always doing the opportunities during your head before them and charging them with a passion but i think it was a strategy and so much. The flights for london follows last months direct trip from new york to sydney as qantas prepares to begin regular nonstop services between australia and. In the 2 global cities. As your Business Update on g. W. For me and the team thanks for watching. The coal india. Gifts for the gods that are harmful for me and the. Secret flowers boys in indian water supply some of. The company in mumbai is trying to change that. Collection waste of color textiles. In 30 minutes on d w. Grappling hooks some tricks. To express the feeling. I am not very creative yet but i would love to be considered an artist one day looking for new perspectives. To hold a note with the replaced fake ruby of canada doing things differently. Come to the place where we reflect on society. March 21 on g. W. Their house isnt calculable. Their egos in such moment their rivalry template. 3 princes. Who dream of the arab world. Their home their full power and boundless ambition have crushed the middle east into a grave crisis sonny. The my home princes of the gulf starts nov 27th on d w. This is you know you news why some berlin on the docket these. Former u. S. Ambassador to ukraine testifies on day 2 of the public hearing on president s from sin pietschmann were on capitol hill also coming up no letup venice suffers renewed flooding after another high tide adding to the threat to the citys unique cultural landmarks the mayor now calling