Passion the drama competition marketing numbers atmosphere our fight at intuition love money. Stands for arms fire spans and found all. On you to join us. The u. S. Ratchets up a digital dispute with china as you executive order targets not just social media hit to talk but chinas massive payments and messaging service we chat. Business sentiments 1000 south africa experts point out that the nations recession was was think even before the pandemic hit apple look at the Economic Impact of. Over 1000 on kenya as coronavirus cases in africa reach a milestone. Been possible and thats the Business World stocks took a dive today president or trump has spent of u. S. Transactions with 2 of chinas tech sensations 0. 10 messenger a chat and dances video sharing app to talk as global ramifications. In just 6 weeks those uploading videos like this one to mobile app ticktock can find themselves on the wrong side of u. S. Law. The u. S. Has around 100000000 take talk users but not for much longer. Washington issued an executive order banning u. S. Transactions ticktock Parent Company the white house believes the app threatens National Security saying it allows Chinas Communist Party to spy on u. S. Citizens china refutes that saying the u. S. Is merely upping the ante in the ongoing trade conflict and the u. S. Taking National Security as an excuse frequently abuses National Power and unreasonably suppresses companies of other countries this is an outright hegemonic act china is firmly opposed to it the controversy centers around this company by dance based in beijing it owns numerous apps including tech talk and residents in beijing were not happy about the american moves. Because i dont agree with this move from the u. S. It restricts the free Business Growth of tech talk but it also affects those American Youth who like tech talk so much. That it will be with me what i dont want to use American Products anymore and i will support the chinese alternatives and economic selfreliance that wouldnt be that way that. Recently u. S. Software Company Microsoft expressed interest in buying tick tock from byte dance the white house says if a u. S. Company bought that up the ban could be avoided the u. S. Governments executive order also focuses on 10 cent holdings the chinese owner of we chat hugely popular in china the messaging and social media could soon be banned in the United States as well. Of to see a market analyst at a wanted craig craig what have been the significance of the u. S. Banning we chat well i think it would be significant not necessarily on u. S. Consumers because they are still quite limited in number but what the broader ramifications really would be the action at stake and its not entirely clear but if it if extends for example politico you wouldnt be allowed to download it on an i phone because apples an American Company all on and would be hiv has a similar reasons and all of a sudden the ramifications become far more severe also i think its worth noting that any action taken by the u. S. Is going to have a response from china so you get you looking at the u. S. Tax base and say which u. S. Tech companies are in china which u. S. Tycoon reason trying to gain greater exposure in china because these are the ones that you will smugly going to be targeting this is from the chinese perspective going to be seen as an attack on Chinese Tech Companies who want to expand globally and compete with the u. S. So we can expect that its not going to be taken lightly craig lets talk about the chinese perspective because the Chinese Foreign ministry accuses the us of Suppressing Foreign Companies thats exactly how big you know rates. It is. Its one of these really difficult savvis d the yukon thats certainly argue with the point on data privacy its become such a hot topic look just here in the in the e. U. Now over the last few years the g. D. P. Everyone has become obsessed with dates and whats whats happening with the data and what its been used for so its hard to necessarily disagree on the outside if you think if you believe if the u. S. Government and maybe all the governments around the world believe that the chinese regime is going to have access to this day to be able to use this data for purposes that we dont. We dont agree with then its going to be very difficult to. Sell bill from the chinese side you could almost on the political as well and there is quite clearly a political angle with this step dont quite strongly is his is china cross many ways including the coronavirus but also chinese tech as well the trade will proceed all of this and how to tackle them into it as well so there is clearly a political angle as well so you can almost on the argument from both sides but you wonder if this is successful and if the u. S. Does bond them and it does make it difficult for American Companies to effectively promote these chinese firms in other countries follow suit like any tech company in china looking to expand that is going to have a very difficult on really briefly how do you see the trade war developing considering its very Uncertain Times and considering its now entered this news new phase and during the digital sphere. Well the biggest factor in sense of the trade war comes and those present donald trump that realize that if it wasnt done perhaps this. Joe biden would act very differently with respect to china even though he has been backed into a corner and forced to adopt a slightly on the john of authority himself as well if he does get reelected then we will truly whether this is just a Political Campaign or what there is something more to it we use technology for Technology Transfers etc is a key part of the trade talks so i suggest that we could have many more years of the standoff between the world 2 superpowers curriculum thank you very much. And just to point out how far reaching this story is south africas main stock index abruptly ended a 4 day rally today and because index heavyweight naspers plunged following trumps executive orders the south African Media group has a one percent stake in chance and it tends it will south africa has bigger problems on its hands the coronavirus is hit it hard as din africa and the economy faces its worst crisis since the end of apartheid a survey of executives shows sentiment falling companies continued to shed jobs even as Manufacturing Activity begins to pick up again analysts say the nations largest latest credit downgrade to junk status has nothing to do with the pandemic they blame the governments chaotic economic policy. As ring in for the wet in johannesburg philip just as this pandemic has shown up companies that was struggling before the crisis the same goes for countries and they have bad business practices. And of course they are. What we find in south africa is that a lot of companies are now saying we have to pull back on investment we simply have to hold on to our cash because we dont understand what the government is doing we dont understand the regulations that we have a continuing ban on the scent of al called thats affecting breweries its all sort of fitting glass manufacturers theyre continuing ban on the sale of cigarettes and theres an ongoing cold case about that so secret companies are now saying we cant invest in this economy and of course others in the economy also looking at this and saying our trust is fundamentally broken here the future does not look right we know that Consumer Spending is going to be low but on top of all of this our relationship with the government has been severely dented by this and that in and of itself is causing the pulling back of the basement to make create a Brighter Future what south africa got to do to get out of this economic crisis. Well we know its going to be bad i mean the wisc ace in our nose at the moment is talking about Something Like 50 percent unemployment and those are the official projections coming from the government so the government has really said that this is an emergency situation and theyve called on South Africans to take everyday actions to listen impact of the virus and virus spread thats kind of the media thing and theyve promised to take firm action in terms of corruption and the kind of wastage that south africa has been dealing with for decades and theres a lot of cynicism about the ability to do that now under the circumstances of these new borrowing a new international barring but youre really a lot of the talk is about talking more so the government and various departments keep saying we will sit down with business we will figure this out we are a resilient nation we will come up with plans meantime the business sector is saying to us well we hear all this talk about consultation and something hasnt happened yet. Just really briefly a yes or no a lot of experts say this is the governments are doing what are the chances of the government turning things around. Its happened before south africa has closed its way back from extraordinary problems before so yes there is a possibility but things are as bad as weve seen them in modern south africa certainly philip thank you very much for your analysis. And its not just south africa which has been badly hit by the crow virus appendix impact is also being felt everywhere on the call tonight including east africas most advanced economy kenya. Coronavirus precautions are now a common sight in nairobi masts and hygiene measures are required but despite these precautions the number of coronavirus cases in kenya has been growing rapidly the pandemic has already hit the economy hard and with africa now exceeding 1000000 confirmed infections fears are growing that things could get much worse if you see seas we work so that we can eat but since the 1st case of 1000 was announced i have not been able to work life is difficult and it will only get worse now that the continent has more than 1000000 cases and with infections continuing to increase i wonder what will happen when we get to 5000000. Kenya is one of africas Success Stories and it has one of the continents best medical systems but the Africa Centers for Disease Control is keeping a close eye on the country its warning that hospitals could be overwhelmed. But many here say they cannot afford a 2nd outbreak. Took out a loan to buy this car but now im unable to pay if things get worse ill have to move out of the city and back to my home in the country Side Business is bad i dont know what to do. As the corona virus spreads across africa kenyas very development could be at risk. German exports rebounded in june making up ground lost during the pandemic and pushing a factory out put exports down by 15 percent from may that in turn spurred factories to increase production by roughly 9 percent for the month economists warn however that a full recovery is a ways off exports still significantly under their prepared denecke levels. French Wine Production is cents rise this year according to frances Agriculture Ministry warm weather is expected to boost the great publicist with a rise of 6 weight the same heads but the news is mixed for wine makers whove been struggling and made code 19 classes wine exports of fallen and other countries Wine Industry is negotiating Production Target with some producers looking to cut output to shore up christs. Im feeling the heat here in the studio today ill tell you that nice doing business with you. Mean an animal living to get. There and unspoiled nature nelson only rain cofounded national the only African WildlifeConservation Center run by the masses. But since the coronavirus pandemic they have faced many more challenges than usual needs a lot of them shoot. Their Conservation Movement to find go. Out for a go. See im 69 w. And automatic. Cast. Video and or you know. Any time anywhere. W. Media center. This is state of the news africa coming up today the troll map off to tehran through some violence is widespread speaking camp through because of the breaking insurgency that you will hear from a victim this trying to heal from the mental damage she sapphic off to being gang raped and a counselor who is helping others like her. And how the current rise pandemic is saying