in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it's driven tesla's stock down roughly 30% since the start of this year. still one bright spot — it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. shares of donald trump's social media company plunged 21% on monday. the drop wiped out the gains from its debut last week. it comes after the company disclosed it recorded 58 million dollars in losses last year and admitted it would struggle to meet its financial liabilities going forward. let's turn to china now because later this morning, shares of the chinese property giant country garden will be suspended from trading in hong kong. it comes after the company pushed back publishing its annual results. the firm told the hong kong stock exchange that it needed more time to collect information and make judgements. so how did one of china's biggest companies get into this mess? our business reporter katie silver takes a look. country garden has found itself at the heart of china's property crisis. the sector accounts for about a quarter of the country's economy, and it was once considered a darling of the government. it was a major source of growth, generated jobs, spurring china's development. but built increasingly on debt. beijing spied a problem and introduced measures in 2021 to curb the amount that big real estate companies could borrow. the problem was these measures may have been a little too effective. the move rattled the sector, hitting suppliers and construction companies. and it's caused the sale of properties which were the way to invest for china's middle class to tumble. country garden has been the biggest casualty. until last year, it was china's largest property developer by sales, with more than 3000 projects across the country. but it also has around $200 billion in debt and has been unable to repay some of its loans. last october it defaulted on off shore bonds, and this is contributing to a total lack of confidence. in february, for example, its sales dropped 85%, the biggest monthly drop in at least seven years. with all of this, it's facing calls to wind up. one company filed a petition in hong kong's court in february to ask the firm to liquidate. it's not expected to pass, but the same court did order country garden's smaller, more indebted rival evergrande to liquidate earlier this year. and it raises questions if there's any way that any of these companies can restructure their debt. country garden has reportedly hired financial advisers in new york to carry out a liquidation analysis, and it's called on creditors to be patient, saying china's property industry is volatile. country garden and evergrande are just two recent examples of china's property developers in crisis. last week, some of china's largest banks reported their latest earnings, which showed an increase in bad loans to the property sector. dan wang — she is the chief economist at hang seng bank china. it at hang seng bank china. is still in the process of going it is still in the process of going down to the terms of construction and sales. looking at recent data it is clear that there are way more houses being completed rather than being sold than the situation has pushed more potential consumers to be more conservative, it looks like the liquidity in the real estate sector is still drying up. and the government lacks intentioned to bail out those largest property developers and there are some projects and government initiatives to bailout a set of projects. in the long—term, to wife and three years, we will still see the downturn further. chinese banks have reported an increase in bad loans in the sector, that must be concerning.- sector, that must be concerning. sector, that must be concerninu. ., ., ., concerning. there are more than 4000 banks _ concerning. there are more than 4000 banks in — concerning. there are more than 4000 banks in china, _ concerning. there are more than 4000 banks in china, 9596 - concerning. there are more than 4000 banks in china, 9596 are i 4000 banks in china, 95% are small regional banks. the largest ones you mentioned also have a problem but compared to the smaller ones the problem is not that severe. then the government is trying to consolidate a lot of those regional small banks because they are highly exposed to either local government debt or the housing sector. so the effort is going on, but we can see more are coming out in the property sector. the other negotiation is still sales but before the chinese consumers or become comfortable again to get back into this market, i don't see a real turnaround.- back into this market, i don't see a real turnaround. see a realturnaround. how is the preperty _ see a realturnaround. how is the property sector _ see a realturnaround. how is the property sector dragging | the property sector dragging down the broader chinese economy? it down the broader chinese economy?— down the broader chinese economy? down the broader chinese econom ? , , , ., economy? it is the biggest hole for the chinese _ economy? it is the biggest hole for the chinese economic - for the chinese economic recovery and has been so since 2021. one thing i will point out is this whole housing crisis in china is policy induced. the government is trying to reduce the debt level of the most important real estate developers and their has been a real engine to blow up again. there are things the government can do but choose not to, for a good reason. one way or another it is a financial crisis happening in has to be linked with the property sector and now we are in this transformation try to change or commercial housing construction to affordable housing done by the state. i think this is important and probably the right direction of housing transaction, but still in the short—term to economic recovery will take a toll. let's turn now to the arctic because the region is becoming one of the latest frontiers in tourism. finland's northernmost region of lapland has seen bumper visitor numbers this winter. adrienne murray headed to rovaniemi, a winter wonderland on the edge of the arctic circle. with long dark nights and subzero temperatures, this seems an unlikely holiday destination. yet, here at the arctic circle, it has been a bumper tourist seasons. as a gateway to the finish lapland he welcomes a half a million people to this very spot. we wanted to — people to this very spot. we wanted to do _ people to this very spot. - wanted to do in arctic circle, northern tour for a very long time. , ., northern tour for a very long time. , . ., ,, ., ., time. there is an appeal of cominu time. there is an appeal of coming un _ time. there is an appeal of coming up here _ time. there is an appeal of coming up here when - time. there is an appeal of coming up here when it - time. there is an appeal of coming up here when it is. coming up here when it is snowing _ coming up here when it is snowing and cold. we coming up here when it is snowing and cold.- coming up here when it is snowing and cold. we did our research on _ snowing and cold. we did our research on social— snowing and cold. we did our research on social media, - snowing and cold. we did our. research on social media, they sure _ research on social media, they sure are — research on social media, they sure are a _ research on social media, they sure are a lot_ research on social media, they sure are a lot of— research on social media, they sure are a lot of stories - research on social media, they sure are a lot of stories aboutl sure are a lot of stories about hera — sure are a lot of stories about here. ~ ., sure are a lot of stories about here. ~ . ., sure are a lot of stories about here. ~ ., ., ., sure are a lot of stories about here. ., ., ., here. we saw a lot of posts from the — here. we saw a lot of posts from the village _ here. we saw a lot of posts from the village and - here. we saw a lot of posts from the village and it - here. we saw a lot of posts l from the village and it is very romantic and pretty. the from the village and it is very romantic and pretty.- romantic and pretty. the the pandemic — romantic and pretty. the the pandemic hit _ romantic and pretty. the the pandemic hit the _ romantic and pretty. the the pandemic hit the tourist - pandemic hit the tourist interest at heart but since then they have not only had visitor numbers bounce back but searching. and the negative temperatures certainly not holding people back. that to rebound elsewhere in finland but here in lapland it is a different story, hitting new heights last year. once popular with chinese tourists, now most visitors come from europe. particularly the uk, france and germany. most of them had here where a doubling of international flight routes have helped tourism take—off sending overnight stays up 30%. this is a record year, for sure. we are going to have this until the beginning of april so the whole winter season will be a record—breaking level. the whole winter season will be a record-breaking level.- a record-breaking level. social media has _ a record-breaking level. social media has had _ a record-breaking level. social media has had huge _ a record-breaking level. social media has had huge playing i media has had huge playing power. it media has had huge playing ower. ., , . power. it has trenched the structure _ power. it has trenched the structure for _ power. it has trenched the structure for tourism - power. it has trenched the structure for tourism in . power. it has trenched the | structure for tourism in my mind because people seek photogenic places and the instagram mobile moments and that gets people to travel. other travel agents at seen an upswing in tourism with a courtesy the norway has outpaced the economy and tours have soared. meanwhile in sweden where tourism has yet to recover its arctic region has grown most strongly. this is a tension or the reef and reindeer herder who offered taurus two years ago. encouraging for us to see the northern lights in rangers of the other thing. everybody had beenin the other thing. everybody had been in the beaches and things like that so now they want to see the arctic life. accommodation can be very expensive, but consumers seem willing to fork out more for alternative getaways. this hotel employs staff members to watch out for the aurora. i watch out for the aurora. i think this kind of arctic destinations are trending at the moment. people usually seek something unique and different. two thirds of visitors come here and wintertime so the challenge is just read here and wintertime so the challenge isjust read business across the year.— across the year. september- october is — across the year. september- october is something - across the year. september- october is something we - across the year. september- | october is something we wish across the year. september- - october is something we wish to welcome or with visitors. in the local area there is no more than 100 companies offering northern white taurus. but you will also need some luck to see them. stunning, not sure i would get into the water. our last story where google has agreed to delete billions of records and some restrictions on its power to track users as part of a legal sentiment the deal aims to resolve a class—action lawsuit brought in 2020 in the us which accuses the tech giant of invading privacy by collecting user data even when browsing in private mode. that's it for this hour. i will have more soon. bye for now. hello and welcome to sportsday — i'm jane dougall. can anyone catch them now? inter milan lead serie a by 14 points after another convincing win. collar up means business, thiem gets his first atp win of the year. and, from the catwalk to the canoe. para—athlete jack aires shares his story and his hopes for this summer's games. welcome to the programme. inter milan are getting ever closer to wining serie a for the first time in three years after going 14 points clear at the top of the table. they beat empoli 2—0 in a convincing victory which increases their lead over city rivals ac milan with just eight matches to go. nick parrott reports. despite federico dimarco opening the scoring at san siro with less than 6 minutes on the clock, inter were far from the scintillating form they showed before being knocked out of the champions league by atletico madrid last month. russ van marin came close to scoring a spectacular equaliser in the first half, and polley�*s stubborn resistance was only broken after former manchester united and arsenal forward alexis sanchez came on. the chilean securing the victory for inter withjust 9 minutes to go. if results continue to go their way, they could secure the title in the milan derby in three weeks' time. nick parrott, bbc news. elsewhere bologna were 3—0 winners over bottom of the table salernitana, beating them for the second time this season. they're currently fourth in the table, pushing for a place in the champions league. so let's take a look at the top of serie a. inter milan with 79 points — 14 between them and their city rivals ac milan who're in second with eight matches left to play. juventus and bologna both looking for champions league places in third and fourth respectively. in england, burnley look like they will be heading back to the championship. they are 19th in the premier league table, but their manager vincent kompany has hit out at the referees in the league, saying the standard hasn't been good enough this season. kompany was shown a red card over the weekend during their draw at chelsea, after protesting against a penalty decision that resulted in one of his players being sent off. the frustration comes from the fact that is a succession of mistakes, and it's always debatable, so when it's one game and one event and is debatable, just like this case could be debatable, less