:00:00. > :00:14.Time for Sally and World Business Report.
:00:15. > :00:17.Going going gone - the Chinese investor is hungry
:00:18. > :00:21.for business in Europe and the US but billions of dollars worth
:00:22. > :00:25.of deals are cancelled - we reveal why.
:00:26. > :00:28.A new white knight for Takata but investors are not impressed
:00:29. > :00:37.so what now for the Japanese airbag maker?
:00:38. > :00:43.I'm Sally Bundock - also in the programme more US tech
:00:44. > :00:45.giants submit their legal documents condemning
:00:46. > :00:57.The political events of 2016 may have ignited an unprecedented period
:00:58. > :00:59.of uncertainty for the global economy but one thing that appears
:01:00. > :01:05.to remain unaffected is the growing appetite of Chinese investors.
:01:06. > :01:11.Last year inflows into the US increased by nearly 190%.
:01:12. > :01:18.Meanwhile, Chinese investment into Europe grew by 90%.
:01:19. > :01:21.All of this gives the impression 2016 was a good year
:01:22. > :01:24.for Western economies when it comes to foreign investment.
:01:25. > :01:28.Well the UK is about to begin a two-year period of Brexit
:01:29. > :01:31.negotiations and this echoes wider concerns over the health
:01:32. > :01:35.France, Germany and the Netherlands are all set to head to the polls
:01:36. > :01:38.later this year and Eurosceptic parties are gaining ground
:01:39. > :01:43.And in the US the uncertainty about what the Trump administration
:01:44. > :01:48.means for future deals with China is very unclear.
:01:49. > :01:51.During the recent election campaign he vowed to impose punitive tariffs
:01:52. > :01:57.Add to that moves from Chinese authorities
:01:58. > :02:01.to crackdown on money flowing out of China.
:02:02. > :02:04.Chinese overseas deals could have been worth billions of dollars more
:02:05. > :02:10.if Beijing had not blocked some 30 acquisitions with Europe and the US.
:02:11. > :02:17.Tim Gee is Mergers and Aquisitions Partner at Baker McKenzie.
:02:18. > :02:29.You came up with a lot of that data. Thank you for coming in. Explain why
:02:30. > :02:35.it lots of deals were actually blocked by the authorities in China?
:02:36. > :02:40.There are three different FAQ is at play. It is not all about Chinese
:02:41. > :02:50.authorities cracking down. -- factors. Sometimes the Chinese
:02:51. > :02:58.bidder was outbid. For example, the London City Airport was outbid. Then
:02:59. > :03:04.you also have regulatory controls from the West, particularly from the
:03:05. > :03:13.US and including some European deals. Then if you have the controls
:03:14. > :03:21.within China and what we have seen is concerned over capital outflow
:03:22. > :03:26.from China and that has caused some transactions from being pulled as a
:03:27. > :03:30.result of China saying we do not want this to happen. All this money
:03:31. > :03:36.flowing out of mainland China is an issue while there currency is
:03:37. > :03:42.getting weaker. Perhaps a crackdown from that point of view? I think it
:03:43. > :03:47.is a concern and there are clearly proposals discussed in China about
:03:48. > :03:53.additional scrutiny around transaction of $1 billion or more
:03:54. > :03:59.and also transactions regarded as purely financial rather than having
:04:00. > :04:08.industrial logic behind them. In this year ahead, 2017, are we likely
:04:09. > :04:13.to see this trend continue of huge investments drop in China in Europe
:04:14. > :04:18.and the United States and what companies are they looking at? We
:04:19. > :04:21.will see this trend continued Chinese investment. We have seen a
:04:22. > :04:27.shift from the investment patterns from a year or two ago centred on
:04:28. > :04:33.ensuring security of supply, resources, commodities, energy,
:04:34. > :04:40.driven by United States enterprises. We have seen a shift by privately
:04:41. > :04:46.owned this is as in China investing in the real economy. That includes
:04:47. > :04:54.everything from cement pumps to UK football clubs. I told we are out of
:04:55. > :05:00.time thank you for coming in. We will discuss this story in more
:05:01. > :05:02.detail when we reveal the newspaper stories it is one highlighted in the
:05:03. > :05:03.financial stories. Shares of airbag maker Takata
:05:04. > :05:06.are untraded in Tokyo this morning, That's after the company announced
:05:07. > :05:11.it's choice for the final bidder Sharanjit Leyl has been
:05:12. > :05:29.following the story from our You pretty much said it. The shares
:05:30. > :05:36.were suspended following the glut of sell orders. Not impressed by
:05:37. > :05:41.reports that cited sources said the struggling airbag maker selected at
:05:42. > :05:48.Chinese author based supplier as the final bidder to back their
:05:49. > :05:58.restructuring effort. Key safety system is that the company. It could
:05:59. > :06:07.lead Takata into bankruptcy. It has been reported that a core land
:06:08. > :06:16.turned around for Takata. Liabilities are estimated as high as
:06:17. > :06:19.$10 billion. If they filed for bankruptcy protection, it is likely
:06:20. > :06:25.the value in it equities will be completely wiped out which would be
:06:26. > :06:35.a blow to all shareholders including the founding Takata family. It wants
:06:36. > :06:45.to have helped related to the recall of millions of potentially defective
:06:46. > :06:47.airbag inflated that have led to at least 16 deaths globally.
:06:48. > :06:49.More technology companies are condemning President Trump's
:06:50. > :06:53.Reports say Twitter and Netflix are about to submit legal documents
:06:54. > :06:56.condemning the move with the court that's hearing the US government's
:06:57. > :06:59.appeal over a stay in the immigration ban that was granted
:07:00. > :07:21.A familiar face now on the programme. Good morning. Where are
:07:22. > :07:27.we at? A judge has decided to call halt on these executive order and it
:07:28. > :07:30.means at the moment people can come into the United States from the
:07:31. > :07:36.seven countries if they had the agreement in place. The executive
:07:37. > :07:41.order has been temporary leap lifted. There was a 90 day bank from
:07:42. > :07:51.seven Muslim majority countries. A 20 day it and on refugees worldwide
:07:52. > :07:54.and indefinite ban for Syrian refugees. There was a lot of
:07:55. > :08:00.confusion because even people who had green cards and visas, you could
:08:01. > :08:09.have been a permanent resident and not be able to go back into the
:08:10. > :08:17.country. Both sides are giving more information. Today Twitter reports
:08:18. > :08:23.they are about to submit documents. The long list of technology
:08:24. > :08:31.companies? Technology is right now vying in this global war fought
:08:32. > :08:37.talent. It is a worldwide pool they hope to draw from. It is potentially
:08:38. > :08:42.raising cost as well. They will be making that point it is hurting
:08:43. > :08:46.business. This is not the best way to make the country safe stop how do
:08:47. > :08:51.you think it will play out? It could go to the Supreme Court which is
:08:52. > :08:58.awkward because we are short one judge. Right now we are waiting to
:08:59. > :09:05.get the fit justice but it will not happen right away. Damage to brand
:09:06. > :09:08.America? And a question of what it means to do business in the US when
:09:09. > :09:15.you have a president condemning the independence of the Federal judge
:09:16. > :09:23.which he called a so-called judge. That is a problem. Thank you for
:09:24. > :09:29.coming in. A quick look at financial markets... Today we put banking
:09:30. > :09:35.stocks railing in Asia in anticipation that the next executive
:09:36. > :09:41.order coming from president Trump is all about loosening regulations on
:09:42. > :09:48.the banking sector, the so-called Dodd-Frank act. Could the sector be
:09:49. > :09:54.given a boost by looser regulations in the US? That is the anticipation.
:09:55. > :09:59.Markets doing well in general off the back of a good session on Friday
:10:00. > :10:01.on Wall Street. We will be back in a moment looking at other stories in
:10:02. > :10:10.the news. For now, goodbye. The number of unexpected deaths
:10:11. > :10:13.of mental health patients has risen by almost 50 per cent in 3 years,
:10:14. > :10:18.that's according to new figures