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tv   Business  Deutsche Welle  August 22, 2019 3:45pm-4:01pm CEST

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event tariffs on japanese cars. and well come to the robot restaurants china's biggest fast food chain now opened its 1st branch kitchen and service staff are being replaced by machines. but come to do business asia i want to get jones and dillon good to have you with us south korea central bank has warned that to japan's recent decision to cut exports of tech materials could cause major economic damage the export restrictions relate to 3 materials the major south korean companies like sam's a need to make a semiconductor chips and to displace tokyo's decision to limit supply comes amid an escalating dispute between the 2 countries about compensation for south koreans forced into labor i just pan during the 2nd world. of i want to bring in our correspondent in south korea. fabienne this is a dispute that just seems to be escalating i mean with souled sole announcing today
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that it will cancel its intelligence sharing pact with tokyo where does all this lead. to this comes a little bit as a surprise because just yesterday the foreign ministers of china japan and so we're we're meeting in beijing to try to resolve the conflict but obviously to norway all cancellation of the military sharing. doesn't have any immediate effect because it will still run i'm told. and then it will not get renewed but it is of essential for the trilateral alliance between japan south korea and the u.s. to turn out korea now this alliance shows open rifts and also proves that the strait this is even expanding towards security just us which is why it's that we are understood spewed i can only imagine must also have an impact on south korea's economy we heard that from the central bank today how damaging is it. well maybe
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not s. damaging yet as you might expect a twist to south korea was stripped off japan's white list of preferred trading hotness and this is more of a symbolic the. often asians in asia are not on the white list observe and anyway so this will bring more inconveniences such as you no longer are approval procedures for exports but japan has also regulated the exports to solve real 3 chemicals were really critical essential for south korea's biggest industry namely the semiconductor industry so japan could possibly can to the south korean companies by chains for example for some some to produce semiconductors but this has not happened yet the 1st batch some exports have already been approved but the government here and i talked to some of the shows today they seem quite alarmed because it's a sensitive issue president going to end up south korea his popularity is really really weakening because of the domestic economy and just today the finance minister announced that south korea may miss its target growth for this year of 2.5
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percent and he blames the trade dispute with japan for it and how is all of this going down with the people of south korea are they feeling the pinch and who are they blaming. well they're not getting the pinch yet but they are there's a lot of anger and but anger is directed against the japanese prime minister shinzo aba and according to surveys is less popular in south korea the north korean leader kim jong il and the main reason is because he's seen as a revisionist who glorifies japan's aspect the colonial past under which south koreans suffered a lot and there's a channel for the end of it and that's the stronger message and tighter pay and boycotts and effects like all japanese business here and the central bank of korea has measured at the last credit card spending on japanese products in the last month has half like so only 50 percent what people spend on the japanese products
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it's really really messed up. right. there reporting for us from the south korean capital seoul on the current situation in that trade dispute between south korea and japan thank you so much. meanwhile japan has been tackling trade on a nother front on wednesday the country's trade representative. helps talks with his u.s. counterpart in washington the aim was to lay the foundations for a bilateral agreement that would replace the now defunct trans-pacific partnership initial signs suggest the 2 sides still have a way to go. to meeting was billed as an important step toward securing a trade deal between the united states and japan the body language between japanese trade representative tom she meets him a take and his u.s. counterpart operate like hisor may have suggested hope of a more positive outcome than that which in fact emerged. after the talks the 1st in
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a series planned mo taking made this rather muted statement. the negotiations have been very difficult because both sides have their national interests at stake. here the discussions have deepened but it remains to be filled . there are 2 major divisive issues tokyo wants washington to cut tariffs on imports of car parts and industrial goods that's something the u.s. isn't keen on especially after recent figures showed that japan's trade surplus with the u.s. had risen 15 percent year on year. for its part the us is calling for better access to the japanese agricultural markers and moves that may go some way towards appeasing u.s. farmers are already suffering because of the trade dispute with china. the issue of bilateral trade is likely to dominate the discussions the 2 countries hold on the
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sidelines at this weekend's g. 7 summit in france. diana plans to revamp a truck plants owned by its chinese joint venture partner for trying to build mercedes benz branded heavy trucks in china under the plan a full tone will reportedly adversely dispense branded actress heavy trucks to its production lines all mostly dispensed trucks currently sold in china imported the truck market in china is holding up well despite declining auto sales this is because of growth in e-commerce and improved in just 6 infrastructure last month proton's parent beijing alto bought a 5 percent stake in time that. and now to some of the of the business stories making headlines. after 3 years of negotiations israel and south korea have signed a train to deal for israel it is the 1st with an asian nation after deals have been
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reached with the united states and the european union it excludes israeli settlements in judea samaria on the golan heights goods and services from companies located in these regions will not enjoy any concessions on customs duties. corps british prime minister boris johnson is on a whirlwind tour through europe where he has met with german chancellor angela merkel and french president francois my core johnson was e.u. leaders to reopen the brakes of negotiations britain has rejected the existing withdrawal agreement and runs the risk of crushing out of the e.u. without a deal on october the 31st. has tightened up hiring procedures from now on c.e.o. christiane's evening will have to approve any new hires according to bloomberg only critical jobs should be segmented the move comes after bank of the bank introduced a sweeping restructuring plan last month cutting a 5th of its current headcount. ryanair is hit by strikes all over
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europe a court rejected a beach to block a 2 day strike by its u.k. based pilots they are walking out over pay and benefits beginning thursday the budget carriers portugal based cabin crew also launched a strike on wednesday a court in ireland sought ryan or granted ryan air an injunction to prevent its irish pilots from going on strike. and the international space station is open for business during a 6 and a half hour space walk to us a students have built a docking port for commercial spacecraft the international docking adaptive will allow the likes of the space x. and boeing to send crews up to the isis with their crew dragon and starlight ships once. the ever wondered whether your job is safe or whether you'll soon be replaced by robots and to artificial intelligence well it's happened already in many factories and now humans are also increasingly being replaced at the service
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industry take china's biggest restaurant chain it's now opened its 1st branch where kitchen unset is stuff being replaced by machines. it's not easy to grab a quick snack on weekends in beijing you need luck assertiveness and a lot of patience but waiting is all part of the game on a typical evening one of the largest restaurant chains has perfected the art of waiting at high be loud customers buy their time getting their nails done of course everything on the house management doesn't want anybody to get bored and now the company is committed to its 2.0 version opening its 1st smart restaurant in beijing everything here is digital the waiting room is a big computer game with a cinematic atmosphere everyone plays against everyone with the winners getting a discount on their meals. this is the interior of the smart restaurant with
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a vision of tomorrow small robots are the attraction here they bring the food to the tables. customers place their orders with a tablet a few clicks on the pictures and the meal is ordered. the data center director to the kitchen the restaurant doesn't prepare fresh vegetables or meat itself the robots pack the orders on a tray. everything is already prepared in small servings and then thanks to a lot of i.t. and many scans it's delivered directly to the customers table. maybe a future we would like to cool very smart to see why sees in the read the table and then you can very easily to communicate the ways of the device but even much more funny. the founders shang young a publicity shy drop out started with the snack bar 25 years ago now he and his
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wife are billionaires their empire is worth more than burger king and he says he doesn't spare any cost on good staff. people who do route with a move from the search zone to others less such kind of a new open the restaurant so instead of 4 we have a. mall people in fact we have less people we need more people in progress at any rate the food is delicious that heidi lao there's only hot pot a kind of fun do a chinese national dish and that in all variations and with everything the customer desires. as a business update w from me in the team as always thanks to his company.
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from september 6th to september 29th. because india. how can a country's economy grow and harmony 6 people plant. when there are do worse look at the bigger picture. india a country that faces challenges and people are striving to create a sustainable future. clever projects from europe and. eco india on t.w. . welcome to the put is the game here for delta. flights to talk about. coverage. 3 more. possible we have played her let's have a look at some of the other much around the league q so seki in the book you could
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breathe a sigh of relief so you don't want to. just shut up w. . player play. this is good news coming to life from but you can prime minister barak's johnson and french president in man in the control holding talks on brakes that in paris johnson wants to scrap the irish backstopping have been to an agreement but not all says it's indispensable however mccoll also said he believed it was still possible for the u.k. to leave without a good deal or succumbing.

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