From my going to your backyard or for better. Or for. A move. Into this it is. Starting to. Christmas is here and that means well big business for many will take a look at what retailers are expecting in europes biggest economy and all shoppers here in berlin to deal with the more frustrating parts of gift giving. Also on the show well look at chinas growing economic influence over the past year on its massive infrastructure spending. This is your Business Report im stephen bears in berlin thanks for joining us. Its one of the most important periods on the christian calendar and for the Business Books christmas time is critical for retailers above all who rely on strong sales to make up for slower parts of the year the good news in countries like the u. S. And germany is that fundamentally strong economies look to drive strong sales at the stores and online but there are also downsides clark wrapping presents 3 shifts a day thats all these employees do here at a Department Store in cen
Point to flash so far is that the top this is where they are. Welcome to the 77 percent. This weekend d w. China has invested billions in its bells and Road Initiatives Infrastructure Projects funding dozens of countries across the world take a look at how african nations are trading developments for debt. Also coming up our reporter egypt cannae take the trip on the chinese finance model rocket expressed in kenya is just one example of beijings month of investment in africa. On does a world top 2 economies edged closer to a train to we are quite good at u. S. China truth mean for the rest of the world. This is business africa im paid ferguson welcome 29000 is nearly out an end on one of the stories weve been covering extensively this year is chinas belt underwrote initiative. Its a series of grand Infrastructure Projects intended to connect the Chinese Market with the rest of the world now you can see the extent of it here on the map construction has been underway since 2013 were talk
States says its planning to sign a trade deal with china in the 1st week of january the government in beijing has not confirmed the timeline nor has it mentioned any specifics about the agreement taken together there is uncertainty about what is happening when. Next year is no Election Year in the us and donald trump is not likely to risk in barking on tricky trade negotiations with one eye on the polls instead hes keen to declare himself the winner in the trade war with china so no surprise when he announced phase one of a trade deal. That we want to give you it should be a place where. A few days earlier at a rally his message was even clearer. We just achieved a breakthrough on the trade deal and well be sure to get very shortly theyre already borrowing bijan billions of dollars of products are great cultural products. The phase one deal is bigger than window dressing china will no longer impose tariffs on soybeans imports from the u. S. For its part the u. S. Wave tariffs against c
Or perhaps press pause a little bit when it comes to independence and pushing the revocation of peoples vote a little bit more and the emphasis has been on not but i think its time for the s. N. P. To pivot away if not they should be have done the best to bring order to the chaos but you know if people frankly dont accept or dont want to continue with chaos well its time for scotland to get on to being the safety that we see ireland denmark and whatever and be an independent country and the same many of thank you very much. The rock on which the Prime Ministers plan has perished is the irish backstop as this weeks parliamentary exchanges sure she has totally miscalculated if we havent of the democratic unionist opposition to any proposal when she asks placing Northern Ireland out of total alignment with the rest of the u. K. Doesnt probably mention terms that westminster the d. P. Has never been more influential or more successful however even as they dominate the commons alex has been
Government went up to get in the sponsibility to consult properly so no what should happen to it of years ago will be happening someone said that the s. N. P. Is campaigning rather move vigorously for a second fact supporter peoples vote on the i actually for a second independence referendum vote is actually one i can see where people would say that with the attention all on breaks at the moment perhaps we had like to put it is the s. N. P. Have perhaps pressed pause a little bit when it comes to independents and pushing the revocation of peoples votes a little bit more and the emphasis has been on that but i think its time for the s. N. P. To pivot away if not they should be have done the best to bring order to the chaos but you know if people frankly dont accept or dont want to continue with chaos well its time for scotland to get on to being the safety that we see ireland denmark and whatever and be an independent country and the same in your thank you very much. The rock on which t