Now get a taste of one post directly written in my to be like the latest offering from french game of a cat would be soft is the sentence in a dystopian london after the country has cut ties with you. And scientists Around The World are working on developing occupational needs now tokyo presents the 1st in the lab grown straight. Back up to do Business Asia want to get jones in berlin but to have you with us and were starting with some shocking news for europes powerhouse germany my to be Growth Engine of the European Union but it is most important or its most important business are lagging far behind in International Growth rankings and uni released study by. Young concluded that the revenues of germanys Top Companies only increased by 1. 2 percent on average while their counterparts in the us And Asia Of Grown by over 10 percent a year only 44. 00 of the worlds 1000 biggest businesses are based in germany. So lets talk about that with our Financial Market correspondent what about in
so let s talk about that with our financial market correspondent what about in frankfurt and andrea hang in singapore hello to both of you and i d like to start with you ali it s a damning study there by why what are the main factors for german companies liking behind. sounds horrible when you look at the naked results that it is presenting there but you know what when they look at the percentage growth where germany is lagging behind most other places of course you have to realize that a leading export nation with lots of industry with lots of interests in china and in north america it s highly affected by the trade conflict and already there s been a downturn in sentiment affecting investment infecting incoming orders and so germany being that export dependent more than many other places in the world you see
andrea hang in singapore. well united states nor makers are to launch an anti-trust investigation into silicon valley s biggest names today and we just heard those facebook google apple and amazon data phase of the house judiciary committee in congress is 1st review of the tech sector which until now regulators left relatively undisturbed lawmakers will assess whether the giants of the valley have become too powerful and are killing competition the committee will start by examining the impact of the tech giants platforms on news content in the media and the spread of misinformation online. the $29.00 consumer electronics show asia has opened in shanghai around 70 firms have put their technology on display a 3rd of them chinese the 5th annual c.e. s focuses on the latest innovations in ai 5 g. vehicle technology and startups from around the world but why donates to the event
india is definitely someone to look out for and it s a sign of things to come from this the largest economy in asia. i just have a very very brief question for ali we have half a minute only how big a blow is it in real terms for the german economy how important are those companies . the big companies are important but the backbone of the german economy with the most jobs in the most turn over the most taxes the most innovations are the small and medium sized companies the middle stand that s a worldwide trademark and there are a lot of companies even if they re smaller than the main source some some are apple or world market leaders in their field and they re important to the growth of the others and germany has record employment and a very low unemployment so the companies that are active here are actually serving germany itself well it s a no need to panic just yet thank you so much 0 votes in frankfurt and andrea hang in singapore. well united states lawmakers are to
so let s talk about that with our financial market correspondent what about in frankfurt and andrea hang in singapore hello to both of you and i d like to start with you ali it s a damning study there by why what are the main factors for german companies like in behind. it sounds horrible when you look at the naked results that it is presenting there but you know when they look at the percentage growth where germany is lagging behind most other places of course you have to realize that a leading export nation with lots of industry with lots of interests in china and in north america it s highly affected by the trade conflict and already there s been a downturn in sentiment affecting investment infecting incoming orders and so germany being that export dependent more than many other places in the world you see