All eyes are on britains to be new Prime Minister Boris Johnson and his plans for brakes it the country hasnt even left the e. U. Yet but already there are signs of britain entering a recession. And the robots are coming no joy to say at this bar in prague machines are already mixing the drinks. Back up to do business asia i want to go jones good to have you with us now then the Chinese State owned motoring group be a i. C. E. s buying a 5 percent stake in germanys dime it for the boost to beijings holding in the maker of mercedesbenz costs diana was already almost 10 percent owned by chinese comprende g. E. Its the companys biggest single shareholder and now we can add to that b a i cs 5 percent holding that takes chinese Shareholder Stake in diamond to just under 15 percent thats almost as much of the company as is owned by us shareholders other
stakeholders and on the include q wait sovereign savings fund and rivals rhino and nyssa who have across holding the rest of the luxury carm
stakeholders and on the include q wait sovereign savings fund and rivals rhino and nyssa who have across holding the rest of the luxury carmaker is owned by private and institutional investors so now we have a dia about the make up off a dime to shareholders let s talk a little bit about this with our french market correspondent jealousy delaney who joins us now in frankfurt chelsea now i know that there was already a a longstanding cooperation between a dime and be a i.c.e. what does this stake cruft percent stake change in all that. well this gives piers see the 3rd largest shareholding position which gives it some more influence over over the direction of time warner it s not clear yet it doesn t appear about b.s.e. is aiming for any board seats or managerial positions but what analysts are seeing this as a sort of a strategic move on be