Skip to main content

tv   Business  Deutsche Welle  August 22, 2019 6:45pm-7:00pm CEST

6:45 pm
branch kitchen and service staff are being replaced by machines. by county w. business asia i'm going to jones and dylan good to have you with us a 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 pan during the 2nd world war. or for more let's 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 that it will cancel its intelligence sharing pact with tokyo where does all this
6:46 pm
lead. to this comes a little bit as a surprise 1st just yesterday the foreign ministers of china japan and so we are what we can be doing to try to resolve the conflict but obviously it's nor will the cancellation of the military sharing. doesn't have any immediate effect because it will still run months older. and then it will not get renewed but it is the essential for the trilateral alliance between japan south korea and the u.s. so the turnout griot now this alliance shows open rifts and to me that's also proof that the straight this is even expanding out towards security issues which is why it's that we are and this dispute 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 not s. damaging yet as you might expect it to aspects of the south korea was stripped off japan's white list of preferred trading hotness and this is more of
6:47 pm
a symbolic move. off a nation in asia are not on the wifeless observe and anyway so this will bring more inconveniences such as you no longer our approval procedures for exports but japan has also regulated the exports to solve we all 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 james m. for example for some sun to produce semiconductors but this has not happened yet the 1st batch of exports have already been approved but the government you want to talk to some of the shows today they seem quite alarmed because it's a sensitive issue president going to end up south korea is that popularity is really really weakening because of the domestic economy and just today the finance minister has announced that south korea may miss its target growth for this year of 2.5 percent and he blames the trade dispute with japan parts and how is all of this
6:48 pm
going down with the people of south korea are they feeling the pinch and 2 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 this and of that 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 like only 50 percent what people spend on the japanese products it's really really messed up. all right. reporting for us from the south korean capital seoul on the current situation in that strange dispute between south korea
6:49 pm
and japan thank you so much ready. meanwhile japan has been tackling trade on a number from on wednesday the country's trade representative. helps talks with his u.s. counterpart robert light hisor 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 light hisor may have suggested hope of a more positive i've come then that which in fact emerged. after the talks the 1st in a series planned mo take the made this rather muted statement. the negotiations
6:50 pm
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 show that japan's trade surplus with the u.s. had risen 15 percent year on year. for its parts the u.s. 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 and. the u.s. you have bilateral trade is likely to dominate the discussions the 2 countries hold on the sidelines at this weekend's g. 7 summit in france.
6:51 pm
dima 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 almost it is ben's trucks currently sold in china imported to 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 protons parent beijing alto bought a 5 percent stake in diamond. and now to some of the other business stories making headlines. after 3 years of negotiations israel and south korea have signed a trade deal for israel it is the 1st with an asian nation after deals have been 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
6:52 pm
located in these regions will not enjoy any concessions on customs duties. or job 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 markov johnson wants you leaders to reopen the brakes of negotiations to britain has rejected the existing withdrawal agreement and runs the risk of crashing out of the e.u. without a deal on october the 31st. has tightened up hiring procedures from now on c.e.o. . 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 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
6:53 pm
budget carriers portugal based cabin crew also launched a strike on wednesday a court in ireland soared. 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 u.s. astronauts have built a docking port for commercial spacecraft the international docking adapted will allow the likes of space x. and boeing to send crews up to the isis with their crew dragon and starlight ships once. that 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 industry take china's biggest restaurant chain it's now opened its 1st branch with a kitchen and said this stuff being replaced by machines. it's not easy to grab
6:54 pm
a quick snack on weekends in beijing you need luck assertiveness and a lot of patience but waving 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 a vision of tomorrow small robots are the attraction here they bring the food to the tables. customers place their orders with a tablet
6:55 pm
a few clicks on the pictures and the meal is ordered. the data center director each of 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 pull some very smart to see why sees a red on the table. as any you can very easily to communicate to. but even much more funny. the founders shang young a poke lissa the shy dropout started with the snack bar 25 years ago now he and his 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
6:56 pm
a move from the search zone to others less such kind of a new open the restaurant was so instead of 4 we have a. mall people in fact we have less people we need the more people in progress at any rate the food is delicious at heidi lal there's only hotpot a kind of fun do a chinese national dish and that in all variations and with everything the customer desires. as a business update for you from me and the team as always thanks to getting this company.
6:57 pm
6:58 pm
how does tom taste to. the correspondent. and host. picks for the various flavors of the crazy oz. fusion and am love the challenge for you. tasty tied. for september 1st on d w. earth. home to millions of species. worth saving. and those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term good climate is to green energy solutions and reforestation. big. creating interactive content teaching the next generation about environmental protection and
6:59 pm
more determined to build something here for the next generation. mundials the multimedia environment series on t.w. . i'm scared that of a war that's hard and in the end it's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with this marvelous what alliance and. what's your story. ready on what numbers and women especially in victims of violence. take part and send us your story we are trying always to understand this new culture. another visitor another guest you want to become citizens. in for migrants your platform for reliable information.
7:00 pm
cool. this is the that we do is live from but that britain's prime minister france's president hold talks albright said in paris or is johnson wants to renegotiate britain's withdrawal agreement and to scrap the irish back stop the president michael says the backdrop is indispensable but he did hold out hope that a deal could still be done also on the program in.

33 Views

info Stream Only

Uploaded by TV Archive on