How do those whats driving growth 1st of all in those cities and then how do they compare to those top 10 cities well like you said you know the they may be the Fastest Growing in the next few cares but theyre also the economic output from the cities on not going to be very significant compared to those global make the cities that you just mentioned now that these powerhouses in and stick to such as i thief Software Development even health and pharmaceutical industries and engineering for example compared to other Global Cities its home to Global Companies such as facebook and apple. Now the report says that chinas 4 biggest cities should enter the top 10 in g. D. P. In the coming years i believe 2035 it seems to me thats assuming that this trade conflict is basically a blip that its over by then what would happen if it if it structurally changes everything. Well the trade war and the outcome of the treat war its its not quite critical but its not entirely dependent on it either in terms of having these 4 cities rise up in the next few years now rolling back on terra would actually improve export demand so. Its a manufacturing hub that manufacturing in factory activity is going to go up again theres also the subject of intellectual property and thats relevant to the cities because its where the young rich and impressionable chinese are living they want their cell about they want that apple as well its also these cities are also where a lot of foreigners live and work and in order to attract more of these people to internationalize china so to speak that socalled International Environment needs to be present and if the u. S. And china somehow which looks very far away right now managed to sort out that ip issue it means that these cities can continue to grow and boost their global tech power. Dressing joining us from singapore thank you very much. China is the worlds biggest carbon emitter and also the biggest innovator in Renewable Energy sources its a nation that needs massive amounts of energy to feed developments but strides of the same time to reduce air pollution such contradictions are on display at the ongoing Un Climate Change Conference in madrid where chinas carbon balance is critical to any plan to curb climate change. Once upon a time that this was a common sight not anymore over the past few years theres been a significant improvement in beijings air quality that started to a range of far reaching Government Policies most notably related to coal over the last. 5 years or so theres been a lot of improvements beijings air called in the air quality across northern china. Thats being as a result of a lot of government measures. The burning of coal and households to switch. Heating with gas heating and also stricter emissions standards on industry still china the worlds most populous country remains the biggest emitter of carbon the Construction Industry is especially to blame for steel and cement are both huge sources of pollution in the last 3 years the countries use more cement than the u. S. Did in the entire 20 century. Factories too many of them operated by multinationals have proven environmentally damaging that spirit environmentalist to provide data to ensure that consumer goods giants like dell at the dothan hate chin and keep tabs on their suppliers the Environmental Impact 1st question theres always like you know we have a green policy but in china sorry i just dont know who are polluting it and i still remember the 1st meeting that. Able to tell them that we have some data its not just about cutting down on coal and monitoring in. China is both a coming in plausible leader in filler and eugene investing more in revenue both in any other country and build more out. As they with fossil fuels the op the opec oil cartel has agreed to cut production by half a 1000000 barrels a day thats the equivalent of half a percent of global output members of the organization of the Petroleum Exporting countries and russia agreed to the modest cut at a meeting in vienna there are a means to boost prices as the Global Economy slows down and to compensate for higher output from the u. S. And other producers outside the cartel. The opec has lost a bit of the influence in a joint only a decade ago why is that well there are more Oil Producers outside the cartel as well as internal disagreements over pricing the Organization Currently has 14 members for many of them oil is their main source of revenue revenue which is why they like prices to be as high as possible heres the problem with that the worlds biggest Oil Producers United States and russia are not members of the cartel their outputs of around 12. 11 Barrels Per Day respectively exceed that of opecs top producer saudi arabia the thing is the u. S. Is also the Worlds Biggest Oil consumer so while Higher Oil Prices would help Domestic Oil Companies it would tend to harm the rest of american industry moving on meanwhile theres been an unpleasant surprise for the German Economy Industrial Production fell sharply in october total factory output in europes biggest economy fell by 1. 7 percent compared to the previous month that came with analysts expecting a rise of point one percent and it was down 5. 3 percent year on year again much more sharply than anticipated. And lets go now to our financial correspondent in frankfurt chelsea delaney. These figures that seem to fit this narrative that the German Economy is on the rebound today. No i think this this and dust trail rebound narrative and germany looks about dead right now this report is being called dismal by a lot of economists its not just the 1. 7 percent drop from from the previous month if you look at the year over year decline its about 5. 3 percent thats the biggest drop in 10 years or so and its also not just this data theres been a lot of reports this week including investor orders stating yesterday that was also surprisingly bad and survey data thats a little more recent through november thats also pointing to continue to climb so the conversation has really shifted over the past couple of days and now the conversation is really is germany heading for a recession and with growth already so low with stagnation really being the forecast it could certainly turn to recession a very quickly because youre in your drop and 10 years doesnt significant would seem to be driving this fall is the car industry in germany is it orders from china what are people saying i think its both of those things the Auto Industry and the shift to electric vehicles and new emissions standards is definitely weighing on on the Auto Industry here the the head of the Automobile Industry said yesterday they expect a 5 percent drop in auto sales this year the trade war with china in the u. S. Is definitely had an impact on industry as well germanys a big supplier of investment goods to china and thats really dropped off but theres also been a big decline domestically in demand for capital goods which are things like machinery and tools so those are all sort of long term structural changes that could make this a bigger problem for germany or adjusted linney joins us from frankfurt frankfurt thank you and lets take a look at some of the other Global Business stories making news. China says its holding off on an increase in tariffs on u. S. Imports its also waiving a hike for soybeans on the goshi asians between the 2 countries continue trying to finalize a phase one trade deal 1st announced in october. And its off after an initial hiccup space x. Has launched its falcon 9 rocket its destined for the International Space station the cargoes rather diverse on border 40 genetically modified mice as well as christmas presents and fresh fruits for the lab 6 member crew. Uganda plans to borrow more than 660000000. 00 u. S. Dollars from International Banks to plug a hole in its budget the government received less taxes than expected and it failed to get funds from the world bank youve got a debt has risen 30 percent in 2 years partly because of large chinese funded infrastructure projects. How safe are ride sharing apps well earlier this week several women in the u. S. Filed lawsuits against lift over Sexual Assaults and cars affiliated with the company now rival has revealed how many reports of Sexual Assault its received in the u. S. In recent years and the number is considerable. Report made for some sobering reading there were more than 3000 Sexual Assaults recorded last year 235 of them were of rape this out of a total of 1200000000 journeys 99. 9 percent of which was keen to point and did with that recorded incident the report which covers 20172018 is the 1st of its kind and comes just 2 weeks after it lost its license to operate in london after drivers using the app were fined to have fakes their identity. And its not just their rifle lift is also facing pressure over its Safety Record earlier this week 19 women filed lawsuits in San Francisco related to Sexual Assault or rape that happened in vehicles affiliated with the company. His hands touched had woken up to him actually groping and touching. Both lift and hooper have increased screening and background checks for drivers. Lift has also pledged to release a Safety Report of its own but experts say Sexual Assaults often go under reported and that the problem could be far larger in scale than the figures suggest. And thats it for me in the business you can find out more about these and other stories online at www dot com slash business im stephen theres a strong. Point. I mean electricity. Where does it come from Kalki Koechlin is the Energy Supply in the country. And its a bright prospects for. Nico is in germany to learn german. Closed in the. Why not learn with him online on the mobile and free to south from the w e learning course nikos speak. A duel with words. Where i come from we dont want a way from a confrontation. When i was 5 years old my father took me to his friends and i was hooked on the spokes of. A sport that you learn soul enters your soul. Fencing as a language and a good source for it is a conversation. Must keep your opponent to understand that thinking new of the men to get close otherwise you cant score so. Its not unlikely but tough interview really when interviewing politicians socalled for the c. E. O. s you have to wait for the right moment just to get around that defensiveness then make your own fear. Yes of taking risks to get results. Im going out of office and i work at d. F. W. This is a dublin news live from but i live in germanys chancellor. Remembers the victims of one of the worst crimes against humanity and im now told makes our 1st official visit to the auschwitz death count us and beneath the infamous slogan work makes you free the nazis murdered more than a 1000000 people it was france most of them jews also on the program. Celebrations after police in india shoot dead old men suspected of raping and killing a young woman the offices of being hailed as heroes but did they take the law into their own
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