Female members are for legions for peace from the middle east are demanding the larger. 0 Common Ground is empowering women living and. Making them agent of change to spread. The female peacemakers storms january 5th. New. York avocadoes semiconductors china is loosening tariffs on hundreds of products as it nears an initial trade pact with the us well take a look at what that could mean for a domestic economy badly in need of a boost. Also on the show chinese pig farmers are on edge as disease and high prices butcher their businesses. And a Charity Raffle in paris hopes to raise big bucks by offering off a work from one of the great masters. This is your Business Report im Stephen Beers in berlin thanks for joining us china announced monday it will lower import tariffs on more than 850 types of products ranging from frozen pork to computer and phone components and the move follows a thaw in chinas trade dispute with the u. S. And it comes amid slowing growth in the country and a push to boost consumption compared to other years 29000 has been sluggish for the chinese economy and beijing appears to be determined to change that starting january 2020 china plans to lower tariffs on more than 850. 00 products including fish and frozen pork beijings latest move is not linked to the ongoing trade truce with washington but more so the shortage of chinas most popular meat pork thousands of pigs have been culled as a result of an outbreak of african swine fever the tariff reduction will help with the pork shortage while also stimulating domestic consumption amid slowing growth in the 3rd quarter of this year chinas economy only grew 6 percent on the year thats its lowest pace in decades the country has maintained growth rates above 6. 5 percent over the last 5 years but that is set to change this year and some Analysts Expect an even lower rate in 2020 that may have given reason for the Chinese Government to intervene the lower prices for imported goods will also be welcome news to chinese consumers. As mentioned there the Chinese Government is taking great efforts to keep pork prices low amid the ravages of african swine fever for what is the disease mean for pork producers themselves times are tough even for those without infected stock our correspondent in china sent us this report in the last few months we junk she has been observing his hogs very carefully in august a case of african swine fever broke out in a nearby village. So you have in years they reported it to the authorities the government came and killed all the pigs all of them the healthy ones as well they buried them deep in the ground thats how they were able to eradicate the disease. There are no tools for diagnosis available the only thing he can do is to observe whether the peaks look healthy african swine fever is a disease caused by a virus originating from africa but which is now spreading rapidly throughout china is harmless to humans but highly contagious and used it for hawks many has for pigs worth a little over 2000 euros. But it even has trouble getting up. It was all you would have it for Chinese New Year you know its the right. Knee is also the Village Butcher he buys a horse from other farmers whose slaughter overnight he keeps them with his own store and infected pig here would likely kill his own pigs as well this one has just arrived. Using you that usually we dont worry a lot about our pigs but since the african swine fever broke out everyone is afraid of how much. The real extent of the epidemic is unclear some experts estimate that up to half of chinas pork livestock is affected. Early in the morning that time has come for the hog board for the previous night. Heres a map the fan is white and the meat looks tender thats good quality. Home. Nice as the eggs now cost twice as much as they did last year in order to ease the soaring prices the government has released part of its strategic frozen meat reserves the frozen meat says a lot cheaper but me says he is not worried that his customers might dump him we all know people here dont like frozen meat once its frozen they wont touch us. Pork is chinas staple meat increased pork prices are the main reason behind the rising inflation the me to still warm in the 1st neighbors show up 1st come 1st serve and while his customers stay faithful to him his business has been affected and. Yet every as i go prices used to be very stable in our village but now that its more expensive i buy less meat. Chinas government recently announced that pork production has begun to rebound whether this is true or not is impossible to a very far in the meantime you can do little but to hope that the virus does not come back to the region. Lets go now to taipei where im joined by correspondent. We just saw that piece on a pig farmer there struggling to make ends meet there with the threat of african swine fever how critical is it for china as a whole to bring in alternative sources here to import pork. Is a very serious question right now because chinas industry has been hammered by africans why favre according to official data fever has nearly half of china are and we know like chinas pork imports has also search more than 150 percent in november of last year and we know the situation especially wars because the price still going higher these hosts taylor stock up on supplies Chinese New Year holidays as approaching so given this situation reduction in the tariff is not surprising at all. Half of pigs talk to your approach is pretty considerable. In the import tariff there these other tariffs as we look at them just one of them are they basically implementing new policy from china or is this in a broader message about trade in general what do you see. Well i think both because chinas they said that quote they had just the measures conductive to reduce the import costs promoting the orderly and free flow of international and Domestic Trade and of quote so on one hand beijing won the challenge as to optimize the trace. On the other hand its also a gesture to a more open economy before the trade war with the us officially ends all right joining us from taipei thank you very much. The German Institute for Economic Research is calling for the berlin government to respond with counter sanctions against the u. S. For its sanctions on europes nord stream 2 gas pipeline President Donald Trump has imposed the sanctions against north stream to last friday in a bill signed friday by the white house wants to block the completion of the pipeline which will allow russia to deliver gas to germany directly via the baltic sea washington says ukraine will lose billions in transit fees if nord stream too is built a buyer shares climbed to a 14 month high today rally comes after the Us Government filed court papers backing the company in its appeal against a Us Court Judgement that link the firms we kill or round up to cancer the Environmental Protection agency says the product which contains glyphosate doesnt cause cancer as has been alleged that supports buyers argument that only regulators have the authority to print cancer warning labels some experts see the reversal of the decision as a signal that other similar claims may also face legal hurdles and for more on this lets go now to bards in frankfurt. Good to see you there what does this mean what does this the support from the u. S. Government mean for buyer. Its important moral support certainly the government and the agencies formulate the law and they enforce the law but i dont know if it will help buyers case in Court Whether the court of appeals will really reverse the judgment because of course the government and the agency yes theyre lawmakers but theyre not impartial so the court may not be bound by that but still investors are very chaired by this important support to share soaring up as you said but still nowhere near the level it was before the concerns over the week killer flared up. Because a live course theres still a lot of theres a lot of cases that are outstanding has actually seen a few of those cases postponed or brother the trials i should say while its been in settlement talks is there any resolution to those talks. No not yet theres still the latest figure i have over 42000 cases pending and yes there are settlement talks i talked recently to a german lawyer here a corporate lawyer who is involved in cases like that not in by its case itself people involved in that wouldnt talk to me in such a case but he said that theres a very good chance if its done well and buyer is willing and the suing parties are built willing that there is a settlement and certainly the courts in the United States are very interested in this for a buyer it would mean yes a 1000000000. 00 penalty in the end but not an accidental threat if settlement were successful. All right bards their force in frankfurt thank you. Posting in germany the holiday spirit might be short lived for loop tons of German Airlines Cabin Crew Union has threaten the company with a new round of strikes after christmas and it implied that subsidiaries german wings and euro wings might be affected to the announcement came after failed talks over the weekend as the union is currently seeking better pay and benefits for 21000 Staff Members in november lou tons was forced to cancel 1500 flights because of a 2 day strike that brought air traffic across germany to a standstill. Now called great art for a great cause for a 100 year old ticket a Charity Raffle in paris plans to raise funds for clean water in developing nations and award an original picasso painting valued at 1000000 euros. Measuring just 30 centimeters by 46 not 2 more but popular because this is still life from 921 it represents a table newspapers and of course a glass about something. But this is not just any problem because so abstract or long converse the french nonprofit helped the others hopes to sell up 2200000 raffle tickets for 100. 00 euros each what would be a good price to give for a raffle that everyone all over the word would know i thought of the painting and obviously picasso is the most Famous Artist ever. All proceeds from the raffle will go to the International Charity care for a project to provide clean water and sanitation facilities to schools and villages in cameroon madagascar a morocco. And thats all from the mic for me and the Business Team here in berlin theres a lot more Business News and stories on our website at www dot com slash business and please do check us out on facebook and twitter. As always thanks for watching. Neverending droughts are hitting australian farmers hard. Profits have fallen substantially. Many still dont believe in the Climate Crisis but others want to take action. Is growing in the country. Really farmers climate change. Global 3000 next r. T. W. In the art of climate change. For cosmic. Whats in store for. Years to come for the future to. Come for to make a decision to go to get inside. The turf. Welcomes a global 3000 this week we meet women in mexico who are preserving local color unary traditions and protecting local farmers. Could rice strolled
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