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tv   Business - News  Deutsche Welle  December 26, 2017 6:15pm-6:31pm CET

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it's sick. you're watching t.v. news still to come on our program in the business series on china's new silk road also take you all the way to georgia where local businesses are lining up for the flood of new trade heading their way from the east. at stories coming up with daniel at the business desk in just a few minutes to stay with us if you can the for. make your smart t.v. even smarter with the w. for smart. what you want when you want it. up to date. extraordinary. you decide what's on. sunday
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more d w smart. images from an isolated country images from the north korea. any tell you photographer captured fascinating shots of everyday life in a regimented society. a north korean diary starting december twenty to you w. at the. following the new silk road today we take a look at why china is sinking two and a half billion dollars into a pole in the georgia and how local companies there are a cashing in on the new trade route on that doorstep also coming up as the festive feasting gorgias on we visit a family owned smoked salmon produce in east london and find out what it's. owners
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think about the e.u. and breaks it and as artificial intelligence gets more intelligent working people worry about losing their jobs to robots but are our android colleagues really that smart. i'm daniel winter and this is a business update china pakistan are considering extending their fifty seven billion dollar economic corridor all to afghanistan part of an ambitious belton road plan linking china with asia europe and beyond china is trying to position itself as a helpful party to promote talks between pakistan and afghanistan both uneasy neighbors of a sense pakistan's independence in one nine hundred forty seven and discolored all will become part of what's being called the new silk road it takes its name from an ancient trade route nowadays the chinese government is investing hundreds of
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billions of dollars to revive this route by building key trade infrastructure this week we want to take you on a journey along the new silk road and take a closer look at the most important stations and today we stop in tbilisi the capital of georgia it is the only country in the southern caucasus with access to the black sea cutting shipping time to europe significantly and this is why in the next ten years the chinese government will sink two and a half billion dollars to build a new deep sea harbor on georgia's black sea coast and with so much trade going cost their doorstep georgian businesses of course want a slice of the action on the new silk groet. for the guards is a family get together like this doesn't happen so often anymore they're all looking after their businesses and son georgie now works in china as a marketing expert everyone here depends on chinese firms for their livelihoods to get all that to speak mandarin casually discuss the menu with the chinese
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restaurant staff. i thank you mother because it's true using our whole family is connected to china. and. it's. this new luxury hotel is a few kilometers from tbilisi it belongs to the chinese quarreling group the director is a friend of the family restaurant many guests here but the boss is thinking long term he's been in tbilisi for eighty years and has invested millions of chinese business park is due to be built close by with shops restaurants and a massive fim park. hollywood first they'll be a lot of concrete then many trees will be planted because that will look nice and be good for the environment and the cool kids off this is the entrance to the business park vacant land all owned by chinese investors
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a few months ago the biggest shopping mall in the caucuses opened here one hundred fifty thousand square meters of retail space but customers are scarce it's simply too far from the city center and western brands are not on offer. there are so much shops like this for a key. if you want to buy some furniture and other things you can come here and buy the person for whom. mandarin lessons at the agrarian university in tbilisi the teacher is and his mother. she can't complain about lack of interest there are more students studying chinese than russian here. i study china's because i think that it's in more perspective language in the world and also china in a vis innovate to much money in georgia we already have a good relation with chinese people and i think that we will we have to continue
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this relation. family know their future is with china and it's a sure thing that their youngest member is going to grow up speaking mandarin that it. christmas may be done and dusted but retailers are still keeping busy just take britain where bargain hunters lined up in front of shops for the country's traditional boxing day sales this year the day could disappoint as thirty seven percent of shoppers chose to bargain on black friday instead according to a certain more than half of survey takers also thought boxing day sales have lost their. due to the increase in online shopping. and staying in britain in the east of london smoking salmon has a long tradition it stems back to the jewish heritage of the area one family firm is in its fourth generation specializing in luxury cured fish products and it's now
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won the coveted e.u. protected origin status yet surprisingly the company's owner is pretty skeptical of the european union. smoked salmon from london's east end is a traditional local product it's just received the e use protection of origin label london cured. we've been producing them here for one hundred twelve years where the oldest of these sites out of the world. service place fantastic tastes of salmon not a smoke. form and smokehouse is a family business now in its fourth generation he applied for the e.u. label four years ago long before the break that referendum. and we explain the history and the heritage of smokers have a big produced in this part of town and the methodology that demonstrated it hasn't
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changed two years they approved it and then they have to put it forward to say europe and i had to go through public consultation process and very proud to have this recognition this year. although he's received the recognition from the e.u. the company's head is convinced it's right for britain to leave the european union he doesn't believe in the euro and expects the e.u. to soon face another major economic crisis he's certain britain is better off without the e.u. and without the e.u.'s bureaucracy. two years ago there was a new regulation which meant that we had to spend literally tens of thousands of pounds reprinting smoked salmon packaging so that a packet of smoked salmon could have an e.u. warning sign on the back saying contains fish i do think we've become far too regulator a too much of a nanny state and i don't think that's good for business generally if foreman is exporting salmon to more than thirty countries isn't he afraid his business could take a hit because of. their communication has changed and so i don't think the e.u.
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is a purpose in terms of geography is irrelevant you know if you want to have a trading arrangement with another country it could be the only country in the world. lance is certain that china is the market of the future not the european union. and we've been here is we. the rules or regulations and we've. become tired as a result and i think it will give us a really great pressure opportunity to actually say why what are the positives what can we see the trade deals around the world lance is convinced it's important to move ahead with the times but for the european union he believes the time is up we've been warned for years that robots will replace workers but apparently they could replace your pets too here's some of the new tech that we've seen in twenty
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seven. these robot soccer players doing well for rookies but maybe they'll improve through learning. miro the robot dog can already do that he can learn the floor plan of an apartment and fetch help if necessary he also makes cute little noises and likes to have his back scratched but without the inconvenience of walkies and feeding times at cbot twenty seventeen pepper got a lot of attention with his coffee service he serves a hot drink of choice without bothering the client with small talk. you won't get it and you'll get back if the person he talks to it's. what leg of the lazy are from. the scope of jobs that robots are able to do is growing rapidly pretty soon farmers won't need farm hands anymore to feed their animals tennis clubs won't need ball boys and pizza delivery will become
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a job of the past even though this delivery robot has a top speed of just fifteen kilometers per hour. and then twenty seventeen brought us robots that could try to do the jobs that some people already regarded as unnecessary how much better or worse would this rehearsal have gone if there had simply been a metronome on the conductor's podium. the robots are coming that much is clear the small high tech helpers are stepping into our lives but some obviously still have a long way to go before they'll offer serious competition to humans. wanted to meet me just get to the point and get rid of people entirely well in case you are looking to invest in the future perhaps by a skyscraper here's a tip for you a chinese court is auctioning off a thirty nine floor building in the northern province the online auction is being
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held on which is e-commerce platform and it is the biggest yet for the site the starting price of over eighty million dollars the buyer will have to spend a little bit more though. as pictures show or hoft finished building dimly lit and not very inviting these days many chinese courts have taken to auctioning off goods left over from bankruptcies and lawsuits on the web including cars jewelry and recently even several boeing seven four seven jumbo jets. the round is time to end our show and if that wasn't enough or you can also check us out on social media i'll be back in the next hour with even more of the latest business news until that keep it here on the front.
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