Skip to main content

tv   Business  Deutsche Welle  June 7, 2019 4:45pm-5:00pm CEST

4:45 pm
and europe. and the watch out stay coming. barista conquering the coffee shop scene in south korea. and then fizzle and let's do business financial markets continue to wait for that elusive global trade war breakthrough u.s. treasury secretary steven minutiae to meet with people's bank of china governor. this weekend finance leaders from the world's industrialized nations a gathering in japan to be the 1st face to face discussions between key american and chinese trade negotiators in almost a month talks aimed at ending the tariff dispute broke down in early may since then acrimonious rhetoric and trade threats between beijing and washington have only increased u.s. president donald trump raising the stakes this week one small. under a hang is our asia correspondent she's in singapore for us and how much room will
4:46 pm
this finance ministers meeting in japan give the u.s. and china to find a trade resolution. well bed without a doubt the tree tensions are going to be at the top of the agenda at this meeting and quite a lot of a quite a lot is banked on this meeting on the outcome of this meeting in fact $300000000000.00 worth of chinese goods to be exact because that's how that's that's the latest scare that trump is planning to set tariffs on now the world bank has already recently cut its growth forecasts for the global economy and that's scaring people away so the consensus is that the meeting will be more focused on how to deal with the consequences of the tensions rather than the 2 leaders finding a solution which we all know is not going to happen at this meeting so no one's hitting the panic button just yet but this could throw a spanner in the works china is willing russia she calling putin his best friend
4:47 pm
and they joining forces against the u.s. well a lot of analysts are saying that the china of russia bromance is nothing more than a show in reality the biggest thing that they have in common is oil and gas and not the individual tree expects with the trade any political sense with america so china depends a lot on russia for their energy needs and they've even recently signed a new deal one of the largest are on the china russia cooperation so that being sit china and russia see each other more as buddies in the energy market rather than brothers in arms trading for us on bromance is an trade disputes in singapore. now when the u.s. blacklisted weiwei google was the 1st to pull the plug on the chinese telecoms
4:48 pm
giant now it's reportedly seeking an exemption the american tech titan reckons if lift to fend for itself while way will develop its own operating system that could open up phones to attacks from around the world. holway was late to the game but quickly became one of the world's top cell phone manufacturers thanks in part to google's android operating system but that could soon change if weiwei is cut off from android due to pressure from washington the u.s. has blacklisted hallway and is forcing american companies to sever ties to the telecoms giant over concerns while we could funnel information to the chinese government. denies the accusations and is sticking by its product our forum and the best in the market and the hallways afeard to ensure our cost and we've got the best the best experience is 3 men and changed we all work together with we sell a customer always our partners to sayto these issues as soon as possible time
4:49 pm
the company has announced it could seek to create its own version of android to help maintain its customers user experience. but google says that could make the operating system more vulnerable to attacks it's reportedly lobbying the u.s. government to allow it to continue to work with wolli over the security concerns. so how could a huawei o.-s. endanger google's android ecosystem cutting off while the phones from using android couldn't theory help limit chinese influence to phones manufactured by huawei in china but it would also cut those phones off from google security updates and huawei would be free to distribute those unsecured phones around the world and if a phone running a secure version of android communicated with a phone running in insecurity that could open the ecosystem up to attacks but it's unclear if u.s. regulators will be swayed to allow google to continue working with huawei. joins us
4:50 pm
now financial correspondent in frankfurt it's still full steam ahead we have to point out for a while way elsewhere in the world it struck $46.00 commercial 5 g. contracts in 30 countries and regions. that's right that's what who always said this week after signing another deal with russia but you know this wide range of the country makes the scenario even more dangerous for the americans but i have to say also for many other security experts in the west the concern is that by allowing who a way to provide the core of the future 5 g. network the technology for this network the switches we would effectively allow this company which has its origins in the chinese people's army to eventually switch off the internet without our countries having a say in it on the financial side of things conrad the costs of this whole
4:51 pm
experiment if you want to call it that without the likes of weiwei industry leaders here in europe reckon that 5 g. is going to cost something like $55000000000.00 euros more. yes if we don't allow way that's what you know the operators for mobile services are saying who want to reduce cost but maybe security comes out of cost ben and may be the competitors of way of ericsson and knock your name the 2 european companies are able to produce better quality experts we have to decide on that correct security does cost thanks for joining us from. globalization in its tracks china has. a free trade and it's. a key transit country between china and europe.
4:52 pm
government plans. for. transferring shipping containers from china. chinese. so containers have to be transferred before they can be forwarded to central asia and then on to europe. was built in the middle of the desert in 2014 government wants it to be a transit hub at the heart of china's new project it control of the port with chinese companies. last year some $130000.00 shipping containers pass through at full capacity the port could handle almost 4 times that amount. that
4:53 pm
transporting goods by land rather than by sea is much faster. times we as a transit country including here at the drive we have the. huge . is also. a city of the future a new dubai a visa free and duty free trade zone. china offers many bargain products and hopes to attract business men and chinese tourists looking for a taste of the west. is passing. he doesn't really have. a key transit country doesn't come cheap. has invested $30000000000.00 in
4:54 pm
infrastructure projects over the past decade here and the government even created a city from scratch for workers in. this city was planned for 100000 people but the population is now just 4000. right across the country to live here. we want to build. this is company. we can't live here forever. we want to leave something. to build for the future hoping its investment in infrastructure and its partnership with china will pay off. the way of. creating a buzz in south korea's coffee culture. a small fortune but the machines do have the potential to put humans out of work and do a much better job. the electronic.
4:55 pm
arm doesn't mind the daily grind we can brew up to 90 cups an hour nonstop. it special blend brings together south korea's love for coffee with its dependency on robots. there are already $45.00 of the baristas in malls canteens schools even an airport with cute names like orville wilbur and lucy. this is my 1st time seeing the real boss and i think it's really fun and convenient. yeah. south korea has the highest robot density in the world with one for every 14 humans in the workforce so some koreans including want to be baristas worry that the robots are coming for their jobs others miss the human touch and say robots can't make special drinks like a real barista. then others are glad to have no human touch at all robots meet
4:56 pm
a need among millennial see want to avoid face to face interactions with other people. consumers of the kind of people who don't like to meet others and can also eat alone. well. south korea is a nation of coffee attics it's home to nearly 100000 cafes and people there drink nearly $30000000000.00 cups of coffee a year something like $700.00 per adult so this robot has its work cut out for us no matter how busy at the end of the day it's still full of beans. i string business with.
4:57 pm
adamo. city for knowledge
4:58 pm
willing to experiment. and concerns about the limits of. ecology citizens are coming to judgment. the reason the universities are among the world's best when it comes to science. has come. to students in the box. in 30 minutes long t.w. . sex naked. raring to free. if there is any erotic benefits remember you have to find it between the lines. the literature a 100 german must rates. every journey begins with the
4:59 pm
1st step and every language but the 1st word in the nico case in germany too much or. why not learn with him. to stuff its simple mind on your mobile and free. t.w. zealand in course speak german made easy. i'm not often at the gym i guess sometimes i am but i said nothing when. you consider jam a culture of looking at the stereotype cracks in his thinking future of the country that i now know i'm playing. yes you did see me take his grandmother day out to eat it's cold out there bob i might show join me to meet the jetman from d.w.
5:00 pm
post. place. this is d. w. news coming to you live from berlin mexico signals tighter migration controls as u.s. terms looms for record numbers of central american migrants are heading through mexico to the u.s. border but their numbers could windell just washington's perhaps up pressure on its southern neighbor a record high for germany's environmentalist green party.

43 Views

info Stream Only

Uploaded by TV Archive on