A tokyo jail and better yet eat the financial misconduct charges he faces look into the details. Im steve bears in berlin thanks for joining us former nissan boss carlos gomez once one of the worlds most high flying executives but for the past three months hes been sitting in a tokyo jail on allegations he falsified Financial Reports related to his pay now he has a new lawyer seventy three year old junichiro hero naca is known in japan as the razor and has a track record of high profile acquittals and during a monday press conference here narco said he could not only win the bail that has alluded go on but also the case against the former executive. Goannas charged with underreporting his pay to financial or thirtys his new defense witness and knew about the practice for ten years but suddenly sprung it on japanese prosecutors when they wanted to oust him. Descension his son should have dealt with and rectified these cases internally especially as they had ten years to do so so i repeat this it is very peculiar that they have brought the cases to prosecutors now. So why wouldnt a sun target go on here or knock it didnt offer a theory Industry Experts however have noted discontent over its Strategic Alliance with. The french carmaker has the greatest stake in the partnership despite being the Largest Company gone was said to favor a full merger of the two companies and is now reported to be seeking a renegotiation of the shareholding structure of the alliance guns inability to win bail has also cast a harsh light on japans criminal Justice System which favors the detention of suspects. On the detention system and called hostage justice which means if you dont confess the prosecutors wish you could be detained for a long time as a penalty this is whats being criticized outside japan. We want to stress this point and have him released on bail as soon as possible. To that end here or not because team sent a dossier about guns detentions of the u. N. Human Rights Office on monday and guns family issued a statement arguing that the executive is the real victim. There are reports the u. S. And china could be close to a deal that would roll back u. S. Tariffs on at least two hundred billion dollars worth of chinese goods at the annual National Peoples congress kicking off in beijing tomorrow chinas leadership is expected to move quickly to find an agreement with the u. S. It is a grand display of power thousands of chinese leaders in one place to set the path of the republic. But the ceremonial pomp here comes amid growing gloom about the countrys economic fortunes among the foot soldiers feeling the fallout as beijing stock manufacturer. Just two of its twelve weaving machines are in operation the boss blames the trade dispute with washington. Because some of our u. S. Clients have already moved their orders to Southeast Asia where the labor costs are lower than here its had a big impact on us the impact will get worse if the trade war between china and the us. Especially in the number of orders which will greatly affect us. There is mounting pressure on chinese and u. S. Negotiators to settle that tariff war economic slowdown so groff in twenty eight hundred at its lowest in three decades brought on by enter no an external forces. You from your own accord on the one hand china has an aging population problem and our Traditional Industries are suffering downward pressure on the other hand the traditional export oriented economy is facing extradition and ill let you know for you through your core value at their annual gathering in beijing delegates are expected to rubber stamp a series of policies aimed at addressing u. S. Trade concerns abed to try to left the mood he says. And for more on this lets talk now with our financial correspondent new york quarter yes whats been the Market Reaction of this talk of a trade resolution. Well we got away with. The markets started on a positive note but then at some point blue chips a loss almost four hundred points in value by the end of the day the loss came down to two hundred points so well overall there is some optimism that the deal can be reached even if theres still seem to be a couple of obstacles for example washington obviously. Wants to make sure that china is actually also following the agreement and if not then washington just threatens to actually impose tariffs again without giving china the opportunity to retaliate and thats obviously one thing that china does not really agree on but the main reason why we saw those losses this probably also that we had some weaker Economic News from Construction Spending and then also the news flow is rather thin and its not unusual that when there arent that many news out that investors on wall street take some profits we shouldnt forget generally and february was the strongest start into new year since one thousand nine hundred ninety one so we basically just saw some profit taking so everyone theyre looking for some good news yes quarter there for us in new york thank you yes. The Geneva Motor Show kicks off tuesday in the swiss city manufacturers from across the world have arrived to talk about their new concepts for the future from autonomous driving to Software Developments and the continued electrification of automobiles the show comes at a troubling moment for the industry which faces a slumping Chinese Market and possible import tariffs in the u. S. And then of course theres braggs which could raise new hurdles in a matter of days. And my colleague general duma lown talked brags that and other concerns with one of the industry heavyweights now in geneva b. M. W. Chief kruger. Mr krueger briggs it is three weeks away but its still beset by uncertainty we could still be facing a delay of this whole process now how are you dealing with it as a business that has a very big u. K. Footprint clear flexibility you have to plan with volatility we have a very flexible Production System we can react on changing to mons and we will see what the politicians will finally come and what will be the outcome but flexibility is all a key we have prepared for that. In the u. S. Of course now tariffs on european cars remains a threat your biggest plant is in the u. S. Now what will these tariffs mean to you if they come to pass i mean we have very proud that we have the biggest plant and from b. M. W. And South Carolina we have net exports from spot we are exporting more than seventy percent to the wood to europe to china and we are clearly in favor of free trade so our Business Model and all the investment we have shown in the United States is based on free trade and i believe this has shown everywhere in the world that free trade creates well. Their alliance with diameter made a headlines now i want to ask you whether this is the future whether more competitors will turn into collaborators as the landscape becomes a more expensive and more challenging. Strong competitor and we both clearly pushing ourselves and together but on certain topics it makes sense to have a Strategic Alliance for example in the area of Mobility Services what we have set up a joint venture together on the case of generation two for total most driving because investments are very high you can put all the competences from both companies together and thats why we did it. Now another topic sure to get geneva talking carmaker valvo says its going to limit the maximum speed of its new cars to one hundred eighty kilometers an hour starting next year. The effort is a bid to reduce traffic fatalities something valvo says the speed limit alone cant do a car related deaths are increasing worldwide having risen by one hundred thousand fatalities annually in the last few years to a staggering one point four million fatalities a year one reason behind many of the deaths is speeding and germany is one of the few countries around the world that doesnt have a speed limit on federal highways recently a panel of German Government a German Government panel recommended a speed limit for its autobahn system but in that case citing Environmental Concerns the plan at any rate was rejected now lets go back to b. M. W. Chief Howard Krueger for his take on volvos decision weve also been hearing about the like the ball though theyre thinking of introducing built in speed limits for their cars to prevent more road accidents would that be something that b. M. W. Considers as well for b. M. W. Safety comes first for example with autonomous driving and we have all the perfect rote systems and driving assistance systems already on road but safety is the Top Priorities for us but our customers also love the joy of driving the driving pleasure. Is that i know under speed limit. Im not in favor of a speed limit because i mean you have to drive always. To protect the people in the environment and thats the responsibility of the driver and that was down for us in geneva now british Prime Minister theresa may has unveiled a Regional Development fund worth one point six billion pounds its called the stronger towns fun and it focuses on job creation and training particularly in Northern England the area back to braggs that referendum with a large majority opposition m. P. s have dismissed the fun as a desperate bribe to gain support for her brags the deal is made plans to present a final brags that tax for a parliamentary vote by march twelfth. And thats it for me in the Business Team you can. Of course find more about these stories on dot com slash business im seeing theres a thanks for watching. Nico losing to germany to learn german. English from the. Why not learn with him online on the mobile and free from the w z e learning course nico street. Whats the connection between bread. And the european. Guild motus. Correspondent and the baker crowd. Go about recipes for success and strategies that make a difference. Baking bread. On d w. Cry. All we can be the generation that ends it good malaria month so millions can live. Hello and a warm welcome to news from the world of arts and culture with meryl and heres whats coming up today. Indecorum is the artistic director at savvy contemporary one of berlins most exciting spaces hell join me here in the studio. Meet a german couple whose costumes have conquered the venice carnival. And d. W. Book David Leavitts delves into hamann has in our series one hundred german must remain. We begin with the savvy contemporary art gallery here in berlin and its found to stick director of all two and become be my guest in the studio in a minute its a very unique place which calls itself a laboratory a form ideas a new way to look it up perhaps well find out first more about the man and the gallery. Have on two things our relationship with art should be more open he favors horizontal thinking instead of a vertical hierarchical approach. And decoding has always been open to the new. Born in cameroons capital in one thousand nine hundred seventy seven he studied Food Technology in berlin and received a doctorate in my