Im chris cuomo. As the worlds biggest economies come together this week to sign a phase one trade deal details are emerging of the pax to end a conflict that has roiled World Markets chinas chief trade negotiator vice premier league has arrived in washington for the signing reports say china has agreed to buy billions of dollars and u. S. Energy products farm goods and services. Sought chinas exports edge half a percent higher in 29. 00. Im joined by my colleague Clifford Coonan here in the studio what more can you tell us about these reports that china is to buy much more u. S. Stuff but its been a busy few hours in the in in the newsroom here were getting some details through the chinese pledge by nearly 80000000000. 00 in manufactured goods from the u. S. Over the next 2 years to be 50000000000. 00 more in Energy Supplies and probably about 35000000000 more in services which is actually one area where there is a trade surplus at the moment so were getting the details are coming through clearly theyre trying to line up the ducks ahead of this round of signing and we were seeing this all emerging now thanks for the moment to stay with us here this news comes after the us reversed its decision to label china a currency manipulator United States made the change because china had agreed to refrain from devaluing its currency to make its own goods cheaper for foreign buyers not chinas currency has risen to a 5 month high on trade optimism. Lets take a closer look at the story with my colleague Clifford Cohen here in the studio and our financial correspondent in frankfurt. Let me start with you how important is it for the chinese to get rid of this label currency manipulator well china really just likes this label its something that it its something that a monkey on its back that its been trying to get rid of after the past 5 months since it was introduced the chinese economy is slowing very strongly weve seen this. Its probably good it slows raise in 3 decades last year it needs to kick start growth everything has to be lined up in order for this to happen the resolution to the trade war is one and getting rid of this of this label of currency manipulator is part of the Bigger Picture of putting china in a position where it can really start to expand again. Over to you in frankfurt how much truth was there to washingtons claim that beijing was indeed artificially influencing its currency. Well i think the word artificially influencing is absolutely correct and if you later. Wording that donald trump is used and accuse the chinese of i dont think thats true sure its a managed currency and you just mentioned that the one went up now to a 5 month high i did that because the chinese allowed it to theyre managing their currency in a way the u. S. Does it too and donald trump has called time and time again for the fed to ease up on Interest Rates of the dollar can go up go down and help american exports hes doing the basically the same thing or trying to do what the chinese did however markets reacted to this news. Well the news that the trade signing is imminent and that there is no static involved in the forefront thats propelled the markets to a world record high there indices that measure this taken all the stocks from around the world asian markets have certainly soared and one also benefited as we just said all right back to you here in the studio so markets are optimistic u. S. President donald trump surely doesnt mind good news in order to push his Reelection Campaign how is the leadership in beijing looking at all of this was interesting this morning looking at the body language as the chief trade negotiator arrived in washington he didnt look especially happy i think for china in a way theres been theres had to be certain klein downs here but then again they could also be portraying this because of the negotiation tactics that are still going on because this is only phase one i think because the need to really kick start the economy to fund these big pledges that theyve made is very strong i think that the mood at the moment will be one of of really trying to get the economy going again and to basically take this phase one as a basis for moving forward with trade and also with boosting the economy w. s clifford conan and only barge in frankfurt thanks to you both. Germanys carmakers are famous the world over for decades they were a byword for growth and progress but now new mobility trends favoring sustainability and Digital Innovation are putting the likes of fox wagon and b. M. W. Under pressure other companies have taken the lead like one berlin startup which believes that its a thomas e. Car coming out of a 3 d. Printer is indeed the future of mobility. Efficient digital and self driving this will be the car of the future if the berlin started big red has anything to do with it the low key prototype is the companys 1st car thats fully 3 d. Printed. Me lowkey is the expression of many contemporary trends that have been joined together in one visionary vehicle. Those are autonomous driving emo billet and 3 d. Printing. Were always trying to go these 3 things together to create a unified vision. Danya greening and his team spent 12 weeks designing the car its made up of 143 d. Printed parts made of nylon and other industrial Grade Materials the pod cars designed for short distances in an urban environment later this year the car will be equipped with an electric motor so that it can go out on its 1st test drives each part is equipped with a digital fingerprint chip that will allow the parts to be printed on demand on any 3 d. Printer. But low key is still very much a car of the future the german Auto Industry is still largely wedded to traditional manufacturing methods and combustion engines experts say car makers overall tend to be slow to get on board with innovation. To change that in germany will have to make friends with experimentation and failure we favor stability and conformity with safety norms thats good but if you want to go digital you have to practice. Researchers and developers agree the Auto Industry will need to go all in on mass production 3 d. Printing its the only way they say for the industry to remain economically competitive and flexibly fulfill customer demands while meeting emission standards and conserving Natural Resources part of it and. Many Replacement Parts today is still manufactured using traditional Series Production methods for that to be economically viable many parts need to be made at once they are stored in a central warehouse and then distributed 3 d. Printing can change that. It would allow us to manufacture only what we really need where we actually need it. Offit. Lokis designers hope that 5 years from now the 1st autonomous fully 3 d. Printed vehicles will hit the road in germany printed with a fleet of big red printers. And to some of the other Global Business stories making news to us just as officials have asked apple to unlock to i phones belonging to a gunman who attacked a military base this puts the company in a difficult position privacy is a selling point for apple yet washington is calling the shooting an act of terrorism that could have involved others hackers from a Russian MilitaryIntelligence Unit gained access to the Ukrainian Gas Company at the center of the impeachment case against u. S. President donald trump as according to u. S. Cyber security researchers democrats accused of pressuring ukraine to investigate the company which hired then Vice President joe bidens son for moreto chief carlos golan has filed a suit against the company for a withheld pension payment rhino did not pay the 250000 euros saying go and quit while jailed in tokyo on financial misconduct charges mr gold said he had no choice given his detention he later fled to lebanon to escape the charges. Motorcycles are a mainstay of any busy african city but youll struggle to find one actually made in africa almost 100 percent of bikes are imported from asia still thats not stopping one firm in burkina faso from trying to convince customers that locally made tires are the way to go. Whack a dugu in the kenya fast is nicknamed the capital of bikes too will transport is seen as an ideal way to beat the traffic. Its cheap and quick. But when things go wrong spare parts are often sourced from asia low cost imported tires can be as little as 4. 00 euros however some custom is the choosing to pay more for something made a little closer to home. We are now free in africa customers the usually looking for the cheapest option then already concerned about the strength of the tire only the price will live with it. However me stuff it gets his tires from south or lympics in his home city of last so its a flagship of the kena bay industry with 500 employees but struggles in the face of harsh asian competition for kenyas government is unwilling to impose heavy import taxes on something so essential as thais neither is it willing to subsidise south products despite qarase the president of the union of spare parts traders at the central markets of. He inherited the business from his father who was a lifelong sap dealer bramer appreciates the quality of sap products but hes a tough negotiator and works to secure the best deals with the company. Or the south rather a juror who will theres no problem there but the prices are also high so we had a meeting with sap recently and they gave us a good reduction. Now we can work well together people around some of the. Traders like to reemerge and customers like mustafa will be key to sams future. For more as your put it better like i prefer quality i go for the quality than the. Sap just needs them to keep on buying. Quality locally thats a show from me Chris Culliver and the entire Business Team here in berlin thanks for watching if you want more go ahead and check out our website at d. F. W. The. And over self. I subscribe to g. W. Books to meet your favorite writer might object to what i write is to share what i find beautiful. Books on you to. Hear i am can. Stick a misplaced or halo museums in skinny kid. And gangsters a kid and. All planes came in more. Than you. Nice shoes and you think. Mom. Well again all story. Theres a. Must. Start 20 sevens on. Hello and welcome to arts and culture and an exciting start to the week because its oscar season and the nominees well well talk about that in just a moment and also coming up. In our series 100 german must reads a literary gem from austrian often looks at the moments in life that make us who we are. And the region artists magine the candidates kennedy is the mask making mastermind behind the colorful creation of the roots of. 2020 awards season is well underway and after the Golden Globes gave us a bit of a barometer last week suspense was high on monday for the Academy Award nominees and the lists were announced in the early hours l. A. Time and suffice it to say hollywood seems to be staying true to itself with a handful of films dominating most of the categories the dark cycle thriller tells on the story of the villain of the batman comic books. The film also received 10 Oscar Nominations including one for best director and best picture. Yes are you afraid because jamie oliver