And African Swine Fever is going global as vietnam has to kill off millions of pizzas expert experts are calling it the largest Animal Disease Outbreak. Also on the show the number of millionaires is rising. Tension up in the race of the rich. This is business as welcome shes in pain has become the 1st chinese leader to visit neighboring north korea for 14 years its a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president g. M. Kim your own will want to make sure that trade remains strong despite u. N. Sanctions against china secretive communist brother country. The chinese president s arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies is rooted with such excitement most of the exchanges between china and north korea happen here the Friendship Bridge across the yalu river 70 percent of bilateral
trade passes here between dandong and the north korean city of sin na
Chinese leader xi jinping begins a historic visit to north korea so can beijing reassert economic influence over its excitable neighbor days before a crucial trade meeting with u. S. President donald trump. Also on the show 4 years have passed since a devastating Terror Attack on a tunisian beach resort killed dozens of foreign visitors now terse to earth turning to the country. And looking for the perfect wine to pair with fish how about a bottle that itself was pulled from the sea. This is your Business Report im Stephen Beers in berlin thanks for joining us. She jean ping has become the 1st chinese leader to visit neighboring north korea in 14 years and thats a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president xi and kim jong il will want to make sure that their economic ties remain strong especially as she prepares for
a crucial meeting with u. S. President donald trump and north korea 6 a Nuclear Agreement with the u.
a record high trade relations are healthy enough that a new border crossing was opened in april this year and is around the same time north korean officials were invited to a key summit on president she s flagship belts and road initiative. the maintenance of imports and exports remains essential to both countries kim jong un needs china s help to develop a struggling economy and beijing needs influence over its unpredictable and excitable ally. and a look at global markets ahead it was all it took for the u.s. federal reserve which signaled that it could cut benchmark interest rates as early as july and thus promote provoked a big impact on global markets now just look at gold the price rising to its highest level in 5 years on thursday it reached around $1386.00 an ounce that s a rise of almost 3 percent on the start of trading. and let s talk now to young s quarter our financial correspondent in new york yes we see what happened to gold there how is this driven by
trade passes here between dandong and the north korean city of sin nature traditionally heavy metal is made of a big part of that trade the u.n. sanctions imposed in 2017 banned exports of them to and from north korea with electrical coal cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direction fell by a 3rd. north korea can at least rely on one commodity crossing the border the number of chinese tourists is thought to be a to record high trade relations are healthy enough that a new border crossing was opened in april this year and is around the same time north korean officials were invited to a key summit on president she s flagship belts and road initiative the maintenance of imports and exports remains essential to both countries kim jong un needs china s help to develop a struggling economy and beijing needs influence over its unpredictable and
bilateral trade passes here between dandong and the north korean city of sin nature traditionally heavy metal is made of a big part of that trade the u.n. sanctions imposed in 2017 banned exports of them to and from north korea with electric cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direction fell by a 3rd. north korea can at least rely on one commodity crossing the border the number of chinese tourists is thought to be at a record high trade relations are healthy enough that a new border crossing was opened in april this year and is around the same time north korean officials were invited to a key summit on president she s flagship belts and road initiative the maintenance of imports and exports remains essential to both countries kim jong un needs china s help to develop a struggling economy and beijing needs influence over its unpredictable a