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Event is back with a new focus on smaller developers. Time. This is the business welcome political unrest in hong kong has formed to china to speed up its vast greater bay area projects Regional Development program beijing believes the promise of strongly konami growth will ease anger in hong kong the government wants to make hong kong a key part of a cluster of cities in the poll of adults are creating a vibrant because on the economic area that chinese president xi jinping describes the Guangdong Hong Kong macao great of a project as central to chinas Great National rejuvenation. Now lets have a closer look at this greater bay area the scheme would see a number of cities including how to link up to form an integrated economic. Hub the greater bay area has a population of 70000000. 00 people and a g. D. P. Well over 1. 00 trillion u. S. Dollars making it a potential rival to places like San Francisco new york or tokyo already a major investment Hub Hong Kong would be the projects crown jewel the Great Barrier accounts for 12 percent of chinas g. D. P. Rising to more than 4. 00 trillion dollars by 2030 china also wants to develop a world class airport cluster in the greater bear area affray traffic is already greater than the combined figures for San Francisco new york and tokyo and then theres shipping to 3 of the worlds top 10 container ports in that great of a area experts see the plan as part of china strategy to catch up with america now lets talk about this and bring in felix lay he is a journalist normally based in beijing beijing visiting berlin welcome to the studio felix and so what exactly are the chinese planning of that and why well the planning is not necessary directly connected with the protests at the moment in which a soldier happening in hong kong its already a long planned. Strategy that the whole poll river delta once as as mentioned is becoming very High Technology hop off china and hong kong used to be one of the major players. Of course a lot of money from hong kong helped to develop the power of a delta knowledge getting the opposite that their region is developing so well that theyre buying a lot of Hong Kong Companies and hong kong in future time will only be one of a dozen city of all the peripheral will not have the special. All special. Not be the special place anymore as it used to be on. Being a very special place with a very special rights if you will is this an attempt to bring home into line and fully pull it into china maybe not by purpose. Because but the region. Itself is developing so fast so this will automatically will. Become like this that just one of one of a dozen or so its not necessarily to bring down hong kong but its only that other places are developing so well thats why the importance of. Its importance as just this state has been. So different right if you look at for example and. Theyre 100 percent chinese territory is. Just a slightly different economic rules what what do what does hong kong need to take care of whats going to change for Hong Kong Well to be honest hong kong profit a lot from the development in the last 22 years. The g. D. P. Has doubled from hong kong in the last 20 years but still because the region. For example the neighboring city it used to be a fishing village 40 years ago the g. D. P. Is almost as high as hong kong shipping as mentioned is even higher the port is actually bigger and then hong kong already so i think theres not much what town the hong kong people can do to stop this development especially it is also profiting its only that the importance of. What they are losing and yeah thats a problem for the hong kong people so what will you reckon they will receive will. Will keep their special status the special freedoms that but not for very long i mean. The basic law is only. Only for another 28 years that means hong kong will only half the special. Status for the for the 28 years on the other hand you never know what what will happen in d. C. 20 years so. Yeah we wait and see thank you very much felix the thing its almost driving is one of the next big things in the car industry all sold many industry watchers tell us other Driverless Cars will never really take off well in moscow they might be down the way to young banks as russias answer to google has been trialing the technology and hopes to have up to a 1000 vehicles in operation within the next few years. For safety reasons this driverless car has someone sitting in the drivers seat but decisions on braking accelerating or any kind of a vase of action are being made by the car for the past year yond x. Russias Largest Technology company has been testing self driving taxis there are currently 90 in use across russia with 35 of them in moscow in the next few years the number could rise. I estimate that in 5 to 7 years time of to one percent of taxi rides will be carried out by robots and will stop reacting to it as if it were some kind of a miracle it will become ordinary. And its not just Autonomous Cars that are being trialed in moscow driving trains are also in an early test phase the train slowed down automatically when people are close by as with the cars cameras and sensors constantly monitor the situation around them. In moscow there could be anything such as a bright sun which can also be a problem sometimes when it blinds the camera similar to when it blinds a person in moscow there could be heavy rain when wipers working at maximum speed are unable to clean the windshield there can also be a very heavy snow storm which covers windshields and in all these conditions the system has to work properly. Every kilometer the test vehicles cover provides the company with valuable information but what will these cars cost yandex says a single car currently costs are around 6500000. 00 rubles or about 90000. 00 euros thats down sharply from the 1st prototype which cost almost 10000000. 00 rubles to build. Through some of the other business stories making headlines today u. S. President of trump has called on the Federal Reserve to cut its key Interest Rates by at least a full percentage point over a fairly short period of time he said that would make the u. S. Economy even better trump also attacked fed chairman jay powell saying the economy was strong despite his horrendous lack of vision. Germanys Central Bank Says the country could enter a recession in the quarter the warning featured in its monthly report comes amid a debate about whether the government should increase spending and borrowing to bolster economic growth. The Trump Administration will continue to allow trade with huawei for a further 90 day washingtons goal to stop selling to the Chinese Tech Firm has become a problem for some American Companies including chip makers home and broadcom as well as google who have been selling its and broad operating system to the company the u. S. Government sees while waiting on the g as a risk to National Security and has been using sanctions against the company and its ongoing trade all with china. This years games com the Worlds Largest Computer Games trade fat is opened its doors to visitors in cologne mondays opening was streamed live on the internet meaning viewers around the world could join into the spectacle 370000 visitors at last years games this year even more are expected to check out several new titles from some of the worlds most prominent of elephants. But this years games call is also going bigger on smaller studios indie game villages a new addition to the program a showcase for small develop as one of them is called the good evil and is run out of a small flat in cologne its a tiny operation and the studios games are no match for Major Developers but that doesnt bother them its not to make millions and millions of money but for us its the profit that can still be a profitable Business Case that were to gives us the freedom to do. A bit. Nicer games for very specific audience that he wouldnt to. Play environment they cherish the freedom to build games for kids under 12 years old all their big projects come with a lego mock up the indie designers used to construct entire worlds from scratch. The studio in cologne creates its own graphics animation does its own programming until finally theyve got a game ready to play in popular console like the Nintendo Switch or p. C. s. So to top it all off they also print their own merchandising and Design Marketing material for squirrel and bear europe their upcoming educational jump and run game about european cultures yes so theres like im still like a lot of preliminary material have been years for building life in the area so all these orange and yellow planes they of course need to be houses still was just like hundreds of other indeed developers at games come there looking for exposure and feedback from a variety of players they cant get anywhere else before their game launches next year. Small is beautiful and thats a losing leggo thats it from me and the business and the berlin wall Business News features them back story. Com slash business to follow us on social media if you dont already know were on facebook. Before you go here have a quick look at Global Markets at this hour. The for. The curious. Max you just. Click. Carefully. Soon. To get a good. Discount. Thanks. Subscribe to the documentary on you tube. The new era starts up the berlin philharmonic kind of this week with their brand new principal conductor hero for trying. And welcome to arts and culture ill be talking to a Leading Light of the orchestra about its new era in just a minute also coming up eating with all the senses see touch smell you could you would you believe and finally taste the food. And in our series 100 german must reads a family story striking parallels between 913 germany and 960 s. Race told america. Now this friday a brand new season of concepts kicks off in the ballin film monique with the arrival of the belle enough in a monicas new principal conductor carol patrolling co the classical wild will be watching of course as the orchestra is considered one of the worlds great and patrolling co follows in the footsteps of the likes of habit from carry on audio about when simon rattle ill be chatting to a. Spokesman and principal cellist or enough money after this look the orchestra is new maestro

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