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tv   Business  Deutsche Welle  August 16, 2019 4:45pm-5:01pm CEST

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welcome to your business this cathay pacific has announced the resignation of its c.e.o. rupert hogg stepped down days after the hong kong came under pressure from beijing because some stuff had supported pro-democracy protests in the city in his resignation hawke said the airline had faced challenging weeks that saw its share price hit 10 year lows on tuesday it counsel hundreds of flights with hong kong shut down by protests about this stock rebound at the down after the carrier condemned the protests and fired 2 pilots who have participated. now from the world of geopolitics to a small town in the west of germany after world war 2 u.s. troops were stationed in hope stepan virus but as the giants left whole apartment blocks stood empty until 2 entrepreneurs came up with an idea building a base in germany made in china will one is
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a good stupidness in europe to do it is move through this family all the way from the chinese megacity of one jew to hop staten vias bus in southwestern germany population 3 and a half. through some of her hopes are the worst just instantly google google map it on the google. like you have to assume very very big to see it is provincial backwater no more. hoxton virus is now home to the headquarters of the world's factories a site with office blocks for 300 chinese companies who are trying to break into european markets with party paraphernalia plastic articles chinese wine or in will long's case medical technology the u.s. supplies most of the equipment for genetics labs in germany will one is company holds only 10 percent of the market for now i can show them their products in
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china the same machine can do the same scenes which made in china can do like much better work in much cheaper i mean you're see. that's my god. 8 years ago jane who and until they are shots came up with the idea of attracting chinese companies to sedate little hops didn't vires buff their campaign highlights its central position in europe the countryside the low costs right now they're busy planning another 14 office buildings on the site nowadays we already have around hundreds units in a future he had the vision we want to help 500002000 now it's a vision i wouldn't describe it as megalomania perhaps it contrasts with the region that could well be marked with a line. on the region has changed since the newcomers arrived. now
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one in 4 people living here is chinese. and they're popular with the locals. i passed them and greet them politely and they greet me back hello it's an international greeting and it always works. in that they're all relatively financially well off. so they're not bringing any economic problems in with them instead they benefit us economically and. will warm invested 250000 euros in coming to germany even buying this cafe he says the chinese prefer accumulating property rather than paying rent soon he wants to buy his own apartment here because it's also a lot cheaper here than back home. now with antigovernment protests raging in hong kong china has become especially sensitive about its sovereignty is forced to fashion brands like versace coach. to apologize for
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the t. shirt designs that appear to show hong kong macau and taiwan as separate territories i wasn't faced similar pressure when it was found to be selling shirts that support hong kong's protestors. chinese supermodel knew when terminated her contract with coach and actress young me ended her endorsement deal with facades just stating the model ends territorial integrity and sovereignty is sacred the country a controversy involves 2 cities that are semi autonomous semi autonomous status that's hong kong and macau but china also claims taiwan a democratic island that beijing calls a breakaway province let's talk about this a bit more with our resident china watch a cliff it couldn't the welcome to the studio doing this those examples that we just talked about they are not the only ones what other companies have been in trouble with china but it's been a bit like a fashion parade in
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a way it's like you're you've got versace you've got coach you've got dolce and gabbana who famously crash down in flames after making some very drugged remarks on instagram about chinese people and also running a picture of a chinese woman using spaghetti with chopsticks and it was a complete disaster they were forced to retract and. but it's really been just a host of different names you've had airlines having to change their approach we've had korean supermarket chains amazon as you mentioned so all kinds of different companies have been forced to change their approach or to apologize for things that have happened online through how does beijing apply pressure his it just market access and the companies are actually giving in that the companies are definitely giving in what happens is usually that appears on state media and they'll make some negative comments and it's sort of jumped on by this army of web warriors who
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consumer warriors basically who feel that china's sovereignty is being threatened and they write these very patriotic trolls really trolls basically but there's millions of them and it's a big patriotic movement or nationalistic movement and then the company's very quickly backed down and the apology was amazing donatella versace has come out with a very very fulsome apology the companies are very quick because they realize that the chinese market is growing so strongly target the entire luxury market in the world is now in china and they need it everyone needs the china market and they're pretty much prepared to apologize for anything even if there's nothing happened i mean in one case there was a u.b.s. economist wrote a line in which he was talking about chinese pigs for some reason this was interpreted as being drug free u.b.s. put him on there was a big outcry u.b.s. put him on leave and apologized so it's really it's affecting all kinds of areas of activity. very much in the online world i should think with with people come going
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on twitter and all that but these companies these days they should have a sort of a notion of what's going to happen if they really don't watch what they what they're doing is there anything to gain from these controversial ads. i don't think so i think i think a lot of it is the fact is oversight they've got these companies that are based in europe or in the states and there they go subsidies. that are coming up with these designs and they just don't see the back of the t. shirt they really need to pay more attention i mean it was a $425.00 t. shirt from versace. for t. shirt for ticky and they've they've destroyed their entire stock of them but they're i think it's an oversight thing rather than one thing malicious because the market is too important for them for them to risk it i think at this point because they could be boycotted too is one example was a lot of the korean retail chain they were involved in they gave some of their lines of the korean government sites and u.s. missiles and the chinese government effectively orchestrations
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a boycott and lot it had a vested $6000000000.00 in china and they had to just withdraw all their business is gone so the risks are very very high so your accommodation for anything any textile business is only plain teaches in china that's right. cliff akin to thank you very much for this insight. u.s. officials have warned the u.k. its decision to release an iranian oil tanker could threaten relations between the 2 countries white house and threaten sanctions against ports banks or anyone else who does business with a grace one of the ship's gold or its crew a u.s. argues the ship also coal decision to free the tanker rewards what it calls iranians heroism it also says the u.k. should consider its position with ominous of us johnson pushing for post-race that trade deal with the americans. by
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2052 thirds of people are expected to live in urban areas with food shortages possibility could urban farming be the answer well they're already trying it out here's a look at cities version. tending to your crops with the statue of liberty looming in the distance. this is the setting of new york's largest urban farm the idea behind the project is to deliver vegetables directly from the rooftop to the place this is 140000 square feet and it's our largest farm so far it's our 3rd farm that we've done in about 10 years. the farm grow $36.00 tons of vegetables every year the projects is sold to restaurants and farmers' markets there are no synthetic fertilizers and you see here the soil is a mixture of compost and lightweight stone which makes it efficient up sorting water. huge point of surface area across our city is the
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impermeable roof surfaces so when the water hits that it goes straight into the system so we can slow it down and absorb millions and millions of gallons spaces like this urban farming is a growing trend in every sense in the future rooftop gardens could be a common stice in cities around the world. turkey's military pension fund has reached a provisional agreement to take over british steel it hopes the deal will close by the end of the year britain 2nd largest still make him close for $5000.00 workers and another 20000 indirectly but it was put into compulsory liquidation in may when its current owners failed to find new funding holding an affiliate of will have rights to carry out due diligence on the distil and expects to complete this
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in october. said in a statement. german sports web giant adi da is turning 70 this week and the company was founded by the. parent all of them back in the 1448 no 949 where it originally cloyd 47 people today all present in the world as a workforce of some 57000 people and the turnover of 22000000000 euros more highlights of the scope of history sponsorship of germany's national soccer team when it won the 1st world cup and 1944. that's it from me and the business team. spirit used to be done.
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the india looks for signs of nature the major city of delhi my dear there's plenty of pollution and a little bit of fun middle consciousness. but the end cio delhi greens wants to change that. it aims to raise awareness with small eco friendly projects. will its efforts bear fruit. 30 minutes on d w. o. o. b take for arsenal when you went with a little gender fee to win stories that make the game so special. for all true fans
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who was i am a tough. tough more than football online. the quiet melody resounds by the light of the mood. and it's. resonate within its soul. the mind and the music. to open 1st 12019 from september 6th to september 29th. the world is getting worse of course force could sastre abuse a lot of problems. the global 3000 talked with senior british researchers who take a more optimistic view. while it is not always a good plan but it's much much faster than i was up against the roof really getting
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better. a global $3000.00 special reports. starts aug 19th on. this is the news live from. confusion over whether a u.s. congresswoman will visit representative of or she did to leave from the country. but only to visit her. and she's rejected vast accusing israel of imposing oppressive and humiliating conditions also on the program.

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