Close to the awfulness of the creation of our solar system which are slanted is a bit like winning the lottery ok i salute google. Earth more you need to start september 18th on t. W. European companies complain about the bullying from beijing they say officials are refusing to let many of their executives and stuff back into china for walked us to being expelled when the pandemic broke out. Of lunch or in spanish breaks out over a make a joke tiffany sued l v m h o calling off the deal the french from blames the french government for getting involved. And the bill of the race heats up g. M. Announces another major electric Vehicle Partnership this. Start with the start up nicola. And lets do business a survey suggests chinese officials are using the coronavirus to double down on foreign firms a great deal of European Companies stationed in china say beijing is refusing to grant their bosses and workers entry the findings come just days after president xi jinping promised the Business Community to continue to open the economy to the world. In late may several 100 german executives and their families who had been forced to leave china due to the pandemic were granted special permission to return to their work places there but it was anything but a sign of getting back to normal. Many European Companies in china are still waiting for their employees to return but chinese authorities are refusing to let them in again. In a survey by the European Chamber of commerce in china at the end of july 13rd of the company said that none of their foreign employees had been allowed to return around one in 5 companies stated that only some of their expats had been able to come back and only 17 percent said all employees had been permitted to return to china. The European Chamber sees this as a further sign of tightening restrictions against European Companies. Almost half of those questioned said the pressure came mainly from the Chinese Government 44 percent said the tone of Chinese Media had become more strident and more than a quarter also it had negative experiences with the communist party. While europes borders are largely open to chinese investors the hurdles for entering the Chinese Market are getting higher and higher those who manage to do so are often hindered by unfair Business Conditions in the country one big exception is the Auto Industry this is where cooperation has been improving for the benefit of both sides the European Chamber says this should serve as a model for other sectors head of the European Chamber of commerce in china as he was involved in putting together that position paper the chinese just read about the coronavirus being reimported and rightly so. Mean they have been beating the grown up buyer is we have no single case and a couple of weeks of the only socalled imported and theyre very strict about carrying time so in a way i mean there and this dilemma where are they going to keep the country shut or are they going to open it up so its coronavirus is that important or is the economy more important well it was only a few days ago that the president president xi again promised a more open market in general you paint a very different picture in your paper what what are we meant to believe when i mean we had many promises of we had baby steps in the opening up of what we really need is that deal is something that science it delivered something that is committing china i mean im talking about the Investment Agreement which will be discussed on monday between im going to america lend xi jinping in this china summit so the way yes we heard many words of opening up we call it sometimes problems for peak because they didnt really translate into actions what about president trumps approach hes taken a hard line on china is that what miss mantle and others should be doing in europe i mean hes the bull in the china shop i mean thats impossible these putting up terrorists hes dismantling the relationship to a point where he actually he doesnt really ask for things he just. The Technology Transfer he did it destroys the Financial System in many ways what he does is basically really decoupling and the chamber will look into this is not what that means for European Business though its very destructive so youd say his approach is his failing is backfiring. It i guess it is i mean it we are all losers in this point definitely had a good point in saying john that you really have to stop talking and you have to stop walking but i mean it in this manner its impossible to negotiate the chinese on the corner its not easy for them to compromise we want as europeans trying to compromise to make a step forward to open up in real terms and the last thing we want to strengthen in the car what more can fund a line a medical do i mean please an appeals have got europe surely both europe and germany have more in their toolkits than that. On the one hand we have to. Talk with the chinese where we want them to open and how fast and so forth at the same time we have to work on our own toolbox a invest in screening as a 1st step then we look into subsidies of companies so we have a level Playing Field in our backyard against Chinese State enterprises and maybe we have to look into a procurement and met us in 3rd countries. Where sometimes European Companies have disadvantage comparison chinese as always bidding for projects such as for example in north africa. You live in china have how do the chinese few europe. Well for them its its a Historic Site its frankly many ways its a boutique or they love to go where there is a tree or to see markets and go shopping at the same time they have a high regard for quality coming out of europe and. That luxury items are european of nature and most cases after all 50 percent of all luxury items globally by chinese though they have normally very good at it you wouldnt perception of your own but of course europe is a democratic system and has different ideas about human rights and thats normally where you get into disagreements. The European Chamber of commerce in china thank you very much for being on the show talking about luxury french luxury goods firm l. V. M. H. Has dropped at 16000000000. 00 bid to buy the famed new york jeweler tiffany it says france ordered it to ditch the deal the government says it merely advise the company to delay the purchase until january citing a u. S. Threat to attack french goods the acquisition was supposed to happen last month the coronavirus this undermines the luxury sector making a deal less attractive to l v m h tiffany is suing. And id still country without financial manager frank of red bulls and a failed merger worth billions politicians getting involved in Business Matters its a bit of a mess. Absolutely a mess that leaves many questions open and many things to speculate about what i can tell you as a fact is that this deal has been put into question for quite a while now age has been rumbling that they wanted to renegotiate the deal and the reason for this is that since they signed the deal in november the profit outlook for the luxury goods sector and for tiffany has changed its now much worse than in november and the reason for this is probably much more the coronavirus recession than the bad transatlantic trade relationships the problem. Now is that they simply change the m. And a contracts that facing now a costly and tedious lawsuit in the u. S. State of delaware thats for tiffany is incorporated thank you conrad. And electric field for General Motors is the 2nd in less than a week 1000000000. 00 agreement with the nicolette to produce its electric pickup and supply batteries as both Companies Put pedal to metal but who or what is nickel is a look at the other Company Named mr. This is it nikolai headquarters this so proclaim disruptor of the Transportation Industry greets visitors with a variety of sleek and shiny vehicles and the entry hole socalled big rig trucks away from their off road week olds its all there its show and tell of what could be all rather of what will be in the near future says this man were an Energy Technology company that happens to make really cool big vehicles this is true of a milton the founder of nikola 38 years old and worth an estimated 4500000000. 00. His 5th Company Milton considers himself a gifted man equipped with plenty of ego and smarts of course primarily he just. Well we 1st started this it was it was a very risky you know the odds of starting a company and succeeding are normally always against you and the odds of starting a company and turning it into a multibillion Dollar Organization worldwide is like winning the lottery 2 times in a row perhaps not only militants relentless determination but also his ability to make others buy into his idea. To get to where it is now you start to realize that your least important person in the room it takes a long time takes a lot of you have to be able to go. At this point in time with just around 400 employees still a Small Company has great ambitions milton and his team do not just want to disrupt but transform the trucking and Transportation Industry into an environmentally friendly business and not only in america but also in europe and around the world. Destroyed. Diesels dead. Milton is creating operating and betting on a unique Business Model that he wants to apply to the trucking and Transportation Industry is now multibillion dollar. Vehicles powered by hydrogen gas wants to be of 0 emissions one stop shop for truckers and transportation competence how. Can you buy or truck all your fuels covered all your service your main its all provided by us so thats the advantage that were going to be building 50 hydrogen stations throughout europe and. The quarter for his company well build and deliver up to 2500 electric garbage trucks for america just Waste Management company. Needed analysts and perhaps some investors complaint the reason so far only really sold t. Shirts and pets but no trucks other vehicles or stations and thats packages. Will be one of the top 5 companies in the world but remember is a startup maybe its past is not long enough to say definitively more about its future than perhaps promising. Business. Just research one. Hears in uncertain terms. Democrats for innovation. Solution. Is a. Program. For. Me. With different languages we fight for Different Things thats fine but we all stick up for Freedom Freedom of speech and freedom of the press. Giving freedom of Choice Global news that matters w made for minds. The folks. What a great novelty it was to work from home for the 1st time to be able to plunk yourself on the sofa in front of your laptop and just