tv Business Deutsche Welle June 28, 2019 6:45pm-7:01pm CEST
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and what could be the 1st step in reshaping this group by taking extra business public to talk to the oh. let's do business u.s. president donald trump has thrown the world of trade into disarray he's got the attention of every leader of the g 20 major economies as they meet in osaka but can trump get his main rival to play fair on the global business front on saturday he needs chinese president xi jinping but the question is if they can reach a breakthrough there are signs that trade war is increasingly hitting global growth . getting the hellos out of the way but soon they'll be getting down to the real business of the weekend. technology is a critical front in the ongoing us china trade conflict both nations see digital and technological supremacy essential to their economic futures the role of chinese firm weiwei and building 5 g. networks and a u.s.
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led attempt to ban it is a major sticking point already on friday the leaders took part in a digital economy summit it was all quite polite but while we're shaped shadow over the discussion trump preach security g. openness at the same time as we expand digital cred we must also ensure the resilience and security of our 5 g. networks this is essential to our shared safety and prosperity. chief we need to encourage the movement of information technology and human resources to safeguard the global industry chain sharing our strength and cooperate in to achieve a win win situation we should not develop behind a closed door and we cannot interfere in the market. even if the us china meetings are not the only ones that matter for the global economy and osaka india and the us have had their own simmering trade tensions of late friday indian prime minister narendra modi met with trump while he also took part in
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meetings with the leaders of the so-called brics economies where he called for reform of the w t o o timidly though the big set piece this weekend is the trump she meeting the outcome of that will determine just how happy this latest reunion of world leaders has been. is there the g 20 covering things for us from osaka kill just how complicated has the whole trade situation gut. very complicated i mean this is been the topic for a while now and the last 20 summit they've already been talking about this but it's basically the last month where tensions have been escalating it's about tariffs the tit for tat of tariffs has been happening and also about restriction on chinese companies like the tech giant well way but if you would think about it economically and purely economically it would be totally easy in the long run it will be very
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good to basically mees if they had a free trade but it's not as easy really of course because everything's very political it's basically about who has the bigger leverage over the world economy and those sides have sent mixed signals about whether they actually want a truce or not and it's going to be very complicated to actually talk about that on the very very short time schedule they're going to have on saturday morning and more remains is that china is playing on a level playing field at all when it comes to global trade but that aside the u.s. and china really stealing the spotlight what does that leave the u. which is a champion of free trade. yeah that year is really not happy about the fact that the limelight has basically been stolen from them we've been told actually that right now in brussels the free trade agreement between the e.u.
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and merkel so also the free trade area of the south american countries that there their trade negotiations for free trade agreement are coming to a close and tomorrow the e.u. is going to sign free trade agreement with vietnam so they're doing a lot for free trade but nobody's really paying attention and i think that's a problem of the e.u. they wanted to send a message hey guys we're doing free trade without the u.s. and we have other friends to play with but nobody's really listening really briefly are we going to get a break through what this g. 20. how to say i mean the people who are involved in the actual negotiations are saying this one is even harder than the problem ridden summit in argentina last year so they said that it's probably going to be their working into the night and it's going to be really difficult for them to find a breakthrough because it's gotten harder and harder to keep those 20 nations
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together especially with the u.s. doesn't sound like they're going to get much sleep doesn't sound like you will either kill girls for us in. analysts say vietnam taiwan and chile profiting most from the tribe or the chinese also have their eyes on cambodia to get around american judi's they've doubled their investments there to $3300000000.00. this new factory in numb pen cost around $3000000.00 test operation is underway by moving its textile printing plant from china to cambodia the manufacturer is hoping to evade impending u.s. import tariffs champing says other chinese textile business owners worried about the trade conflict are considering moving here he gets lots of inquiries from china . so we have been in many wishing. by the way we really have. to confront the problem. for wages as it was for me but indeed we have
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here i fear it will be. the chinese company has settled in numb pen special economic zone that gives it customs and tax advantages this omes customer service manager hacks are a has to stave off more and more requests from chinese companies there are hardly any more available sites he says the biggest draws the prospect of free trade with the us so we feel how these kinds of benefits. given to brought up mate in cambodia so that i think. there can be more and more companies looking at cambodia and that's the station for investment. most of the chinese businesses in cambodia special economic zones are investing in textile or shoe manufacturing these sectors are highly dependent on free trade with the united states. the sihanoukville autonomous support is profiting from the good investment climate container
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shipments have gone up by 30 percent in the past 2 years the port is nearing its capacity limit no one here denies that cambodia is profiting in directly from the escalating us china trade conflict but they agree that much needs to be done. of government not related to trade but we need to. go from an. option we try to. concern about trade proceed. to attract more interested to come to cambodia. infrastructure is a major concern one example national highway number 4 between the capital and the container port and see a nuclear deal is hopelessly plugged traffic has quintupled in the last 3 years economic researchers like chan so pas see an upswing in the entire mekong region because shifting production kicks off investments but it could come to a rapid end. china has seen more capito control they don't want too
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much capital to fly out of the country but for cambodia it seems like an exception . a lot of capital keeps coming from china indeed in the past 2 years chinese investment in cambodia has doubled to $3300000000.00. it's europe's 2nd largest i.p.o. this year fox is selling a stake in its trunk division share sale values try to own at around 13 and a half 1000000000 euros a little lower than expected brings together world brands m a n n a as well as v.w. brand truck sold to south america and africa is a correspondent ashutosh pandey. folks who i've been struck unit trade in has driven into the public markets and with me is the chief executive and. many thanks for speaking to and i want to begin by asking that some would argue that these are
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really uncertain times for the market and you've taken quite a risk by going public at this point of time why now. you know we are very happy that we made it that shows to fall and you're right the market environment is not as stable as it was a couple of years ago but still we made it and i think this shows that the potential of our company triton is also seen by the investors we could make it also in such a little bit shaky environment and what next could it be more acquisitions or increase of stake in say navistar there's been a lot of speculation surrounding that. you know if you would have. been a project it's called today then it would be in the prospectus and there is nothing for we have at the moment no intention to increase any stake in whatever company we are we have established a so-called small poplar ship approach that means i'm not a big fan of buying
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a company you know it's not automatic success like we see it in a lot of industries it needs sometimes much more time to indy create them to work together as one team was always small publishing approach was he no entries navy style by the way we are working on projects in that we can generate win win situation that will help them in the market and us in the market i spoke of for example of his drive train components economical scales and them for them it's a very important part in denmark it participation so was this kind of combination we are very successful in we have at the moment no intention well you mention alliances but some would argue that you can just do this much as far as alliance is a concern you cannot really have you don't have much control over it as you've seen in the case of nissan and renault i don't. remember the last successful accusation as well so this is from my experience and i'm now 30 years in this industry
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a much better way to approach a resistor teaching partnership and then you know never knows how to how it's developing and then you can make and find the right timing to do whatever you want to do. at the time he writes and just before we go apple's longtime design chief jony ive is leaving the company he helped shape british form design a has been behind the look and feel of some of the tech giants most iconic products over the top of a couple full imax computers prohibit them from the 1990 s. also the ipod i phone and i pad apple says i is setting up his own company. good luck to it and nice doing business with it.
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does something nice for empires computers or dealing with any of that i killed many civilians i mean the irish coming clearing my father says i was a student because i wanted to build a life for myself latisse the polish for suddenly life became alledge the kind of sob. providing insights global news that matters d. w. made for mines. he'd have to get through the bundesliga break without a football thanks again. let's. play some excitement emotion not suck. it strains a nightly lens. of the results on t w.
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