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tv   Business  Deutsche Welle  October 1, 2019 11:15pm-11:30pm CEST

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it's a must when. you're watching the w. news up next china's rapid transformation into an economic powerhouse under communist rule that's next in business with janell's stay tuned for that the for. this of can i you don't need to keep. the books both for the over the rich and home the 4th and clearly the most miss the middle name of. the bottom of the family that announced dragon those words as you called the whole truth. on. what's the connection between bread biome and the european union dinos guild motto w correspondent alan baker can stretch this peculiar line with the words sex by the
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team. cuts. staffing recipes for success strategy that make a difference. baking bread on d.w. . side us celebrate 70 years of cognise throughout the period that saw the fast 1st day and expansion by a major economy in history. and in more recent history us not a fact trying to in 10 year low deepening fears of recession can't be far off.
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and serious farmers in the netherlands take to the streets in their tractors causing bumper to bumper traffic for miles we'll tell you why. this is business i'm joined on in berlin while we begin in china where lavish the spivey's on a display of military might marked 70 years of communist rule most of all it was a celebration of what china has been able to accomplish in that time rising to be called an economic superpower is how it happened. when the communist people's republic of china was founded in $1049.00 the country was terribly poor 70 percent of the population were peasants or day laborers getting by on just $57.00 a year can see the picture there behind be. nationalized industry and redistributed land from the wealthy to the poor but there was chaos the reforms caused widespread
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famine that killed millions and millions more died in a wave of terror and reeducation camps after his death in 1976. opened the economy somewhat then the foundations for the current form of communist backed capitalism chinese g.d.p. has risen from $150000000000.00 in 1978 to over 14 trillion the 2nd biggest economy in the world. fast forward to present day the world's number 2 economy is mired in a trade war with the world's number one economy that's the u.s. they've been imposing hundreds of billions of dollars worth of tariffs on each other and so far there are no clear winners on monday the latest survey of the u.s. manufacturing sector registered a 10 year low. the institute for supply of management's purchasing managers index
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fell for the 6 straight months amid a sharp decline in exports and slowing consumer spending the contraction in the manufacturing sector is now fanning fears of a recession in the u.s. . let's cross over to the hearo on wall street. spit of an irony there the whole point of the trade war is to protect u.s. industry from foreign dominance now that that hasn't worked are we going to see a change of course. you never know with trumpet ministration you know but it is all going to attentions not only with china. e.u. and also without the u.s. m.c.a. to replace not top group in congress yet that manufacturers farmers retailers and other industries all suffering soon also do consumers say keeping the economy good growth alive on unemployment rates are low will be crucial in the next presidential
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election so trump my debt we think he has a strategy especially at a time between investigations that will make it more and more difficult for him to focus on on pursuing he is a policy agenda in the meantime he will probably keep pressuring the federal reserve to keep lowering rates and ruthless as you can fears of a recession have been in the air quite a while how much more and ease could this poor manufacturing report trigger. it is a concern among investors and economy especially if we dig a main some of the details such as the new export order is also delayed as the 2 aeration is i believe partly due to destroy the general motors which began in mid september and there are all the worries them seem thompson all the different index which keep investors a guessing if we will head into a recession any time soon. thank you us had the least haro there with a view from wall street for us. now for more on china's relationship with the rest
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of the world its plan on something of a corporate shopping spree in recent years it's been buying up all types of businesses rescuing some but also ruffling feathers in failed attempts to take over others the latest case concerns a german airport in the black forest a solitary helicopter buzzes over the runway but there's not much else going on here at lower airport in southwestern germany there's a boeing 747 used for test flights otherwise the skies are empty. but because the city of largo has contacts in china investors there learned about the former military airfield the mayor says it has a lot of potential. point to you if you look around the world there aren't many people who are in a position to recognize these benefits and take action as well as provide the financing so sooner or later you're going to have to deal with china but the idea of the chinese taking over the airfield caused a stir in the city of $47000.00 after all flight operations have been kept going at
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least on a small scale thanks to tunnel boring company heaven it likes things the way they are and it isn't alone in rejecting the new plan not to snooty if you lot doesn't need it the airports doing well it is a good solution with half and connect and other companies on boat we can keep going the way we often now and take our time to see if there are opportunities for investments in this tool and the british and australian companies already have big plans to connect with the world but they failed what a chinese solution be any better. and they've been very bad experiences with chinese investors at other airports with had i think it's been the only what i need to say is hun frankfurt han airport is not a remote region of western germany quite far from frankfurt for years it was a financial burden on the 2 german states that jointly owned it in 2017 china's h. and a group took it over the result. we have almost doubled our growth in freight and
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that's something we can be satisfied with but there's not much we can do about macroeconomic developments and. translation global trade conflicts are causing cargo levels to fall again. a glance at the terminal suggests there's little chance of a revival for frank ford han. passenger numbers have fallen by almost half over the past decade even so the airport is still an important employer in the region leaving people there dependent on the chinese back and lower the airfield has also created numerous jobs but they have nothing to do with air traffic instead it's thanks to companies that have located on the former military base it's being described as the netherlands worst ever traffic on tuesday a protest by dutch farmers blocked hundreds of kilometers of road they feel that as the netherlands tries to be greener 3rd taking the biggest hit. the farmers got up
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early to give the rest of the netherlands a rude awakening they set off on a tractor trip to the hague to demand a fairer deal. the netherlands is a world leader in animal welfare low emissions minimal use of pesticides no other country does that better than us though we don't get the respect to $17000000.00 dutch inhabitants nor the dutch government so that's why we're leaving for the hague now. what followed was a go slow one the netherlands roads lead to a nightmare rush hour for many a protest is part of an angry reaction to reports the largely blamed farmers for spiralling nitrogen emissions the farm owners feel they've been unfairly targeted while other sectors such as air travel are escaping scrutiny and it's great news docs keep the strange thing is that more planes are allowed to fly a cheap all airports and there are no restrictions no limitations while they emit lots of c o 2 and also the dutch harbor's all industry they pollute the air but it's up to us
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the farmers who have to improve. with their exports bring in 1000000000000 euros to the dutch economy last year farmers feel they hold serious sway. when power is the fastest growing mood of electricity production in the world the opening of an offshore wind farm along the u.s. northeastern coast is bringing nearby residents benefits by the priests but the sector is seeing some resistance. a spectacular sunset. on the us northeast coast between boston and new york the island is home to the country's 1st and only offshore wind farm the 5 wind turbines powered the island and there are a popular attraction for residents and visitors to tourists pay $25.00 each for a high speed boat ride to the structures that stand twice as high as the statue of liberty. island homeowners have seen dramatic changes since wind energy replaced in diesel fuel power plant. i don't smell the power plants i don't hear the power.
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the power is much cleaner we're really happy. hour is cheaper. down. wind energy has also become one of the fastest growing us energy sources with big corporations planning to invest $70000000000.00 in the country's 1st utility scale offshore wind farms. but this man really hates wind turbines u.s. president donald trump on twitter he calls wind energy dangerous and promotes coal and oil instead. if you have a windmill anywhere near your house congratulations you has just went down 75 percent in value. and they say the noise causes cancer you tell me that one error that claim was immediately refuted by the american cancer society but people
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fear the trump administration. with a huge potential for future proof jobs. and i suspect they know that investors for future projects are going to the delays and cumbered by this project and think twice before they invest and when. the interior department surprised and alarmed. when it unexpectedly withheld approval for. some 25 kilometers off the northeast coast it already has contracts to supply massachusetts power companies and it was expected to go online in 2022.
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the most people cool it's nice of the cool moves. today the nairobi river is canada's most busa. initiative brings concerned because he's on board and cleans up. the river runs previously ineffective come to see us. 3 to. 60 minutes on d w. the famous naturalist and
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explorer. too soon to bring to click some dough from the 250. 4 you tube discovery. expedition. was just going all the knowledge to emerge that you know what you have to go fight it. the sharp microscope would have been but the fall it would come better and better and better over the years i mean well than a bad fall for a golf ball a 3rd of the firewood in. actually the both of molecular veto and therefore it will also require for the pardon much more easily forward to speculate about what's going on than the 50 i can't imagine that you will understand the cause of god much better and then reduce the number of parents agree that there is your opportunity
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to live a bunch more fulfilling life because many of you see this shortcomings called for aging head because the records or large degree of the book they held for longer periods of the watch. this is due to every news africa coming up in the next 15 minutes they've been freed from the baby factory so now what will happen to the nigerian women and girls who've been abducted and impregnated by cap's is planning to sell their babies. while the wind at the fair range the ugandan pop star politician say's a government ban on civilians wearing berets is a shaft.

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