Skip to main content

tv   Business  Deutsche Welle  August 20, 2019 10:30am-10:46am CEST

10:30 am
people. so they can plant crops and trying to meet. floods and droughts to climate change become the main driver of mass migration you can write any apocalyptic scenarios you want and probably more the political. climate exodus starts september 5th on d w. is it part of a faster erosion of hong kong's remaining independence or just sensible economic policies beijing pushes a plan to make hong kong a peep part of a cluster of cities at the pole river delta creating one of the most vibrant comic areas on the planet. also on the show russia's own version of google young that wants to put you in the back seat and nobody in the front in moscow is driverless cars are being tested 6. put your game face on because it's
10:31 am
games called the world's largest gaming event is back with a new focus on smaller developers. business you've got your business. in welcome political unrest in hong kong has prompted china to speed up its vast regional development program the grades of bay area project beijing has long planned this but believes the promise of strong economic growth will ease anger in hong kong which will lose its special status in 28 years so the government wants to make hong kong a key part of a cluster of cities in the pole river delta creating a vibrant economic area chinese president xi jinping describes the great debate project as central to china's great national rejuvenating on kong is just hot off a greater plan than. let's have a closer look at this great have bay area scheme would see 12 cities in the. area
10:32 am
link up to form an integrated economic hub those would include shuns in macau and to further in the north the great of area has a population of 70000000 and a g.d.p. of well over 1.5 trillion u.s. dollars making of the potential rival to places like san francisco new york or tokyo already a major investment hub hong kong would be the project's crown jewel the right to bear already accounts for 12 percent of china's g.d.p. china also wants to develop a world class airport cluster in the greater baram f. rates traffic is already greater than the figures for san francisco new york and tokyo combined and then there's shipping 3 of the world's top 10 contain imports in that area experts see the plan as part of china strategy to catch up with america let's talk about this with our resident china watch a cliff it conan who joins me in the studio hi cliff it what exactly are the
10:33 am
chinese planning there and why well this is a massive development plan i mean to give you an idea of the scale you've got cities like macau which are the gambling it does more gambling than last vegas you're one joe which is used to you know discount on the trading capital of the world in the middle ages you've got hong kong of course which is the freest city in the we're after is the colony in the world so you've got all these incredible cities there that they're trying to bring together and houses each and every one of them in itself exactly and you know on their own they're big together they're massive and you know the china wants to get as much of this energy to sort of the resources and coordinate all of these and once all of that but then again as we know there are problems with hong kong so watch out rest of the world but is this an attempt to also not have to bring home called in line to fully pull it into china way ahead of this 28 year deadline that is looming that's why i think it is a minyan as you say in 2040 said. when the basic law ceases to exist and we don't
10:34 am
really know what's going to happen then the basic law defines the relationship like a mini constitution that hong kong has under the terms of the handover from 9097 so in that time hong kong status will change and what china wants to do is to make it part of this coordinated this program for delta this this project. true. obviously the integration will work in hong kong's favor but it will also kind of make hong kong just another city in the region so it has a double effect for the chinese government in terms of bringing an end to instability in the region. most you'll realize that there is intense competition between these cities that we've mentioned in that area and that's right i mean as you were saying earlier no they all in existed independently for so long and they were such major such major cities in their own rights of course is a great example was a tiny fishing village 4 decades ago and now it is evil and i know i mean the scale
10:35 am
of development there you know you go out and shenzhen to places that didn't just didn't exist 10 years ago you know it's a constantly evolving city so you have this incredible city shenzhen for example which the chinese government is now really pushing it's got special tax rates for tech and innovation lower than hong kong which is up 15 percent already very low is the actual target to companies out of hong kong it's more to bring talent in for one thing that's a big thing that hong kong is still good as attracting hong kong still has a framework in the legal framework the technical you know the investment framework which china is still struggling with because it's it doesn't have the same freedoms as hong kong so maybe it's hoping that a little bit of that rubble but it's also by 2 to encourage competition i think between hong kong and she and jan and that will hopefully bring shenzhen up to hong kong's level i think as the as the as the project develops politically do you think people in hong kong need to be worried by this tendency. or is this purely economic
10:36 am
and sort of just part of a normal development i think they are worried about us for the past 440 years hong kong years have been investing crazy in southern china so a lot of the factories are already owned by hong kong companies and they've got a lot of presence there and you know when you drive in change and everyone has to license plates they have the shenzhen license plate they have the hong kong license plate so they're very integrated already but people are aware of the fact that there's different rules of play engine gen so i think they want to they're different keep an eye on how i things develop initially because they do treasure the freedoms that they have in hong kong even just in investment terms if it couldn't thank you very much. autonomous driving is one of the next big things in the car industry also many industry watchers tell us driverless cars will never really take off well in moscow they have young rushes into google has been filing the technology and hopes up to 1000 vehicles in
10:37 am
operation within the next few years for safety reasons this driverless car has someone sitting in the driver's seat but decisions on braking accelerating or any kind of a vase of action are being made by the car for the past year yond x. russia's largest technology company has been testing self driving taxis there are currently 90 in use across russia with 35 of them in moscow in the next few years the number could rise. i estimate that in 5 to 7 years time up to one percent of taxi rides will be carried out by robots and will stop reacting to it as if it were some kind of a miracle it will become ordinary. and it's not just autonomous cars that are being trialled in moscow so driving trains are also in an early test phase the train slowed down automatically when people are close by as with the cars
10:38 am
cameras and sensors constantly monitor the situation around them. in moscow there could be anything such as a bright sun which can also be a problem sometimes when it blinds the camera similar to when it blinds a person in moscow there can be heavy rain when wipers working at maximum speed are unable to clean the windshield there can also be a very heavy snow storm which covers windshields and in all these conditions the system has to work properly. every kilometer the test vehicles cover provides the company with valuable information but what will these cars cost yandex says a single car currently costs around $6500000.00 rubles or about $90000.00 euros that's down sharply from the 1st prototype which cost almost 10000000 rubles to build through some of the other business stories making headlines in other countries punishing folks fog for diesel gate
10:39 am
south korea now wants almost 10000000 euros from the german comic is charged with installing illicit devices to sheet pollution standards as that of occasions for 8 models and that in the 2 iraq audi a 6 and course will be revoked. germany's central bank says the country would enter a recession in the 3rd quarter warning featured in its monthly report comes amid a debate about whether the government should increase spending and borrowing to bolster economic growth. and u.s. president on from past called on the federal reserve to cut its key interest rates by at least a full percentage point over a fairly short period of time he said that would make the u.s. economy even better also take a top fed chairman jay powell saying the economy was strong despite his horrendous
10:40 am
lack of vision. now this year's games gone the world's largest computer games trade fair has opened its doors to visitors in cologne monday's opening was streamed live on the internet meaning view as around the world she went in to the best spectacle ever 370000 visitors at last year's games this year even more are expected to shake off several new titles from some of the world's most prominent of others. but this year's games column is also going bigger smaller studios in the game village is a new addition to the program a showcase for small developers one of them is called the good evil it's run out of a small slot in cologne it's a tiny operation and the studios games are no match for major developers but that doesn't bother them whereas it's not to make millions and millions of money but for us it's the profit can still be
10:41 am
a profitable business case that were to gives us the freedom to do. a bit. nicer games for very specific audience that to. play environment they cherish the freedom to build games for kids under 12 years old all their big projects come with a lego mock up the indie designers used to construct entire worlds from scratch. the studio in cologne creates its own graphics animation does its own programming until finally they've got a game ready to play in popular console like the nintendo switch or p.c.'s. to top it all off they also print their own merchandising and design marketing material for squirrel and bear europe their upcoming educational jump and run game about european cultures yes so there's like i'm still like a lot of preliminary material that been years for building like the area so all these orange and yellow planes they of course need to be houses still is just like
10:42 am
hundreds of other indie developers at games come they're looking for exposure and feedback from a variety of players they can't get anywhere else before their game launches next year. good luck with that and that's it from me and the business team here and then for more business news and features check out d w dot com slash the business then sell them side or do follow us on social media if you feel ready. there's a quick look at global markets this last was.
10:43 am
i'm secure in the fire more. and in the end is a me your not a lot of the year and more we will send you back. are you familiar with this. new smugglers we're alliance and. what's your story. ready on what numbers of women especially of victims of violence. take part and send us
10:44 am
your story we are trying always to understand this new culture. for you are not of a little. you want to become a citizen. in for migrants your platform for reliable information. a new era starts up the lino fil a morning this week with their brand new principal conductor heroes for trying. and welcome to arts and culture i'll be talking to a leading light of the orchestra about its new era in just a minute also coming up. eating with all the senses see touch smell.
10:45 am
you would you believe and finally taste the food. and in our series 100 german must reads a family story striking parallels between 1930 s. germany and 960 s. race told america. now this friday a brand new season of concerts kicks off in the belin film monique with the arrival of the belle enough in the morning because new principal conductor carol patrolling co the classical world will be watching of course as the orchestra is considered one of the world's great and patrolling co follows in the footsteps of the likes of habit from carry on cardio about and simon rattle i'll be chatting to a spokesman and principal cellist or enough money after this look the orchestra is new maestro.

26 Views

info Stream Only

Uploaded by TV Archive on