tv Business Deutsche Welle March 26, 2019 7:30am-7:45am CET
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islamist terror. until now you see sarah connor animosity has the result of. an exclusive report from a destroyed city. philippines in the sights of my ass starts april eleventh on t.w. . china's premier jean jinping is in paris to meet e.u. leaders anthony can expect an earful over his latest attempts to push beijing's health and road initiatives into europe ah the chinese trying to drive the wage into the european union. and apple's rack gets it free product launch reveals a company boldly going where others indeed have gone before. or come to the w business and get out alphas in berlin chinese president xi jinping is in
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paris today to meet with e.u. leaders on top of the agenda beijing's a business belton road initiative the infrastructure push has raised concerns europe views beijing's latest investment in the italian port of tryst is a little too close for comfort for many in the u.n. some see romes ties embrace of china as proof of italy's populist governments antagonistic view to the e.u. so here's china's master plan the country is building corridors that extend from xian across central asia via tehran to turkey and then to moscow west to the port of rotterdam and through europe to venice where marco polo first set out on the medieval silk road to china from venice the new silk road leads back to china through the suez canal these are just the western routes finished initiative also includes infrastructure projects like bridges well where lines and ports and africa and south america beijing wants to use these corridors to export goods from chinese
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factories to markets all over the world bost is that belgian road just a trade project or rather a tool to globally project china's power. china's ruling communist party is the most powerful in the world and it maintains absolute control over where when and how much foreign companies can invest in china despite some recent reforms foreign firms doing business in china continue to face major restrictions. outside china the party has launched in them bishes expansion of global trade routes for chinese products. the belton road initiative involves hundreds of infrastructure projects around the world but they're rarely put out to tender there's little transparency in how they're decided and competing foreign companies say they do not encounter a level playing field. still when the chinese leadership comes bearing billions in
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investments it's tempting for a financially cash strapped country to take part. last week he signed an agreement with the chinese government and door saying belton road. rome solo run met with disapproval from other european union member states in particular because they had already agreed to approach china and its powerful ruling party with a single voice. on expect liverpool and joins me in the studio now as well as all corresponded sohan so in time i welcome to you both let's start with you italy signed a protocol with china's non-binding to take part in beijing's new silk road project this was criticized by all the european leaders and will probably be criticized today as wages split the european union is china really trying to drive a wedge into the i think china's all are always been happy to play at the u.s.
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against york for example and and take countries or organizations in bite sized pieces so i think we're seeing a little bit of that happening now to europe i think that there's a focus on the eastern europe former eastern european countries from china sides and now we see it with israeli as well that there is an attempt to maybe saw a kind of division in there let's bring in someone from taipei and how is that viewed in china. well china tend to ignore most of the queries isms because it is italy who long voiced desire to work closely with china and when people said that while china's project let some countries less reliant into dead traps there was say those are fake news and turn to sound good examples like what happened in greece which is similar to italy and it is true that greece did transform most indebted country to up
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revitalize the economy but we also have to be aware that china now owns the majority of greece crucial part asport so for china's partner they found the initiative to be both a blessing and a curse but the chinese government can't tell you the price side of this story could we expect more. trying to make more inroads into euro but will be the next move. well the next step for china is that claim to look for more countries to endorse the initiative which is the political wing and total diplomatic procedure for president xi jinping and is very crucial it's a cheat the chief reason that china is to show the politicos think of the project sixty at its launch we know now the figure is around two hundred billion dollars and it will go up to a trillion dollars in twenty twenty five so it is truly a vision. cliff a whole just
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a big plan of power projection for beijing i think it is because the initiative is so central to this you jim pings policy at the same time it is also in some ways part of. much more of a political kind of game that it's trying to sort of establish itself as a superpower and so that it's trying to basically implement these policies within that kind of context do you do you think they will stop at some stage or can we see this whole expand. i can see well there's obviously geographical limits but who knows i mean there's been so that it's been so successful in certain parts of the world then another part has been less successful but if they continue to expand there's i'm with the success of countries like italy which is after all a g ten country so this is a big big achievement for the belgian road initiative for me to take part so possibly. where are the limits the sky's the limit definitely.
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here in the studio and our correspondent in taipei thank you very much. for some of the other global business stories making the news today is selling three hundred jets to various chinese allies in the deal still doing president xi jinping visit to france yesterday the contract is worth almost thirty billion euros narrow body a three twenty planes make up the vulcan of the order which also includes ten biggest jails. german the u.s. transportation department says it's forming a panel of external experts to review its own aircraft certification program the department's aviation regulator the f.a.a. they have come under fire for waiting too long to ground boeing seven three seven months after the crashes the failure of a new automatic flight control system is suspected to be
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a cause of the excellence the plane maker is working on software and training updates for the. german chemicals produce a bio johnson and johnson have agreed to jointly pay seven hundred seventy five million dollars to settle thousands of rules in the u.s. plaintiffs suit them over the drugs are also saying the blood thinner called side effects like unstoppable bleeding the two companies have stressed that payment does not mean that they are accepting the liability. apple as one of its flashy product launches in california but this time there haven't been any clever new gadgets instead a raft of new services including video streaming it's a sign of the i phone makers change of focus as names to compete with fostering rivals like netflix and amazon. showtime for apple's latest venture
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we partnered with the most thoughtful accomplished in award winning group of creative visionaries who have come together in one place to create a new service unlike in. anything that's been done before. apple to. apples first big showpiece event that didn't coincide with the launch of a new physical piece of tech is part of a shift to give more prominence to its services and it made the most of it announcing a new news subscription service plus. immersive a our gaming platform multiplayer he claims to have reinvented the credit card. this one's made of titanium. pulling silence for some of its tech products including i phones about what's behind this strategy with such big names already
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agreeing to make programs for apple t.v. plus tim cook will be hoping its products can reach an even bigger audience. see whether investors are as excited all financial correspondent dahlia cobe is in frankfurt for us fits in the event of an apple so daniel what are you hearing there does that all make sense for apple. yeah gary i really thing it makes actually a lot of sense i don't think for the moment it's going to be a big competition for netflix or amazon prime but i was listening to the keynote very closely yesterday and i actually think it was more powerful than some of the keynotes we have been seeing in the past well they did not introduce a new gadget we didn't see a new apple watch or a new i phone but it really seems to be the case that apple really want to grow with the services they offer i mean we heard tim cook also in his statement he said
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that he wants it to become extremely hard to avoid apple in the future and i mean what we have already right now we have apple pay we have apple music there could be in the future even more streaming services offered by apple so they really want to make sure that it will be extremely hard you know to avoid apple in the future but shrinking i phone sales have shares under pressure in recent months but they are currently recovering what's behind that. yeah exactly i mean that was the case mostly in november last year when apple announced that they don't want to release any exact sales numbers as a result we saw a massive sell off the share price of apple by that time went down to a level of only one hundred and forty two dollars in the last weeks the apple shares have recovered last night on wall street they were traded at
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a level of one hundred and eighty nine dollars and it really seems to be the case that investors appreciate the new strategy of apple as i mentioned really to be a part of our daily life and pretty much you know every aspect and that's what investors are seeing is a very good strategy and that's why many investors now believe again in the apple share price i mean we have to remember just a few weeks ago the forbes magazine had this title the end of apple and i don't think this is anymore the case it's done in frankfurt thank you. and that's all from me daniel and the business.
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where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one to the shadow and if you are his favorites when official information as a journalist i have worked all of the strengths of many cantrips and their problems are almost the same fourteen social inequality a lack of the freedom of the press. go up sure we can afford to stay silent when it
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comes to the fans of the humans on the scene or microphones who have decided to put their trust in us. my name is johnny paris and i weren't. alone welcome to news from the world of arts and culture i'll be joined by the office jim i'm. today whose ox you can see behind me also coming up. we'll be right up in the arctic circle in swedish lapland the most extraordinary ice hotel in the world. and in our series one hundred must reads a book called runaway horses by the controversial german.
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but first as i mentioned earlier jim i mean you know as my guest in just a minute is a painter and straighter who is possibly the most prolific painter in the world his style is very recognizable and i was a lot of street art. and his influence in my humble opinion biasses from picasso to keith haring and beyond let's see is very individual out. bryant's and fun fun fun of unknowns paintings grab your attention but he's entertaining pop art creations also deal with serious topics capitalism and gentrification ave on average is about four work per day he gets some of the way and of those he simply tazz out.
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