tv Business Deutsche Welle October 7, 2019 6:45pm-7:01pm CEST
6:45 pm
head to u.s. china trade talks later this week and need more reticence from beijing. and cambodia could lose its lucrative everything but arms trade deal with the european union which tell you why. i want to come to your business asia now these days trouble is just one tweet away anger in china is mounting over a comment by the general manager of basketball's houston rockets openly supported the pro-democracy protests in hong kong problem is china is a highly important market to the league and its corporate sponsors so after just one tweet damage control is now in full swing. the houston rockets in training that star players enlisted to help smooth over a fallout that could risk their money filling relationship with china. the year were both ours. you know. we love each other with no plan or.
6:46 pm
no hope for both worlds really we go there you know what it was you. the grovelling apology comes after the team's general manager daryl morey tweeted support for the protests in hong kong he has since deleted the tweet and said that he did not intend to cause offense humble words that show the importance of chinese money to the n.b.a. but they came too late to prevent sponsors like the sportswear company laning and shanghai based s.p.d. bank from cutting ties with the rockets china's state broadcaster has announced it will no longer show rockets games and the chinese basketball association says it's ending its relationship with the club so. the houston rockets are largely responsible for china's interest in the sport which took a large stride forward when they signed local boy missing in 2002 now the market that is worth billions to the n.b.a. . last season more than half a 1000000000 chinese fans watched n.b.a.
6:47 pm
matches through the online platform 10 sent each of us is a potential buyer of merchandise tickets this week the brooklyn nets are playing the l.a. lakers in china the nets are owned by chinese billionaire josephs side the co-founder of web titan ali baba for his part he said the damage from the pro protest tweets would take quote a long time to repair. and all we're talking about is one tweet that didn't go down too well jonathan crane for us is here with me jonathan what damage ah the houston rockets looking at well as we heard in the piece monica a couple of sponsors have already pulled the plug now sometimes when you have a sporting scandal browns stick by the teams or players having to ride it out this hasn't happened they can have distance themselves clearly china's speed back we had in the piece the biggest sponsor in china of the houston rockets they've suspended
6:48 pm
their partnership we don't know how long will that will last whether it is permanent i think more critically as well as chinese state t.v. saying they weren't sure anymore houston rockets games 10 cent the internet streaming giant which concluded a 1500000000 dollars 5 year deal with the n.b.a. says they weren't sure who's to markets games now when you have such an internet giant is that saying we're not going to show the games it just shows how serious it is and it shows i mean it's a houston rockets the whole league is now up in arms is a very special connection with china to tell us a little more about that indeed it's usually embarrassing for the houston rockets because in many ways that the reason why boscobel has become so popular in china is already down to one man yow ming he was the houston rockets for almost a decade before he retired in 2011 a hugely successful player he's in the n.b.a. hall of fames obviously there was a lot of chinese interest in him and that's in jewett even after his retirement the houston rockets have china nights often coinciding with the chinese new year
6:49 pm
sometimes they want to with chinese lettering chinese logos on it such as that link with china now to say how damaging this is the n.b.a. statement in chinese is a lot than the one in english she said to tweet undoubtedly the feelings of chinese basketball fans i think it will have a knock on effect we mentioned have signed the piece the brooklyn nets he has written a very angry open letter he basically called the protest a separatist movement and he says that the houston rockets and i was shot. of the chinese markets and that is unfortunate given the fact that china interesting enough is really aiming to be a really big player in the world of sports you have the olympic games you've got players they're moving their big transfer they have a big big money the link between money and sports in china seems to be something worthwhile talking about indeed china is a huge market for sports organizations whether you're a sports team you wanted to go on tour in china you're opening up offices local offices in the country or your thoughts federations wanting to host an event that
6:50 pm
now it's a market that is growing in terms of the t.v. rights sponsorship and corporate sales and also the found base if you bear in mind the population 1300000000 even if you've got 10 percent of vats who are interested in your sport that's an awful lot of people over a lot of eyeballs on your sports all right jonathan crane there from t.w. sports filling us in on that tweet on the houston rockets thank you so much you're welcome well speaking of tensions around china markets looking ahead to the u.s. china trade talks scheduled on thursday and it's suffice to say they might have to manage their expectations over the weekend news agency bloomberg reported that chinese officials are signaling that they're reluctant to agree to a broad trade deal with the united states one such official has reportedly said that the chinese off well will not include reforms to chinese industrial policy or
6:51 pm
to government subsidies a significant now ring of the range of negotiation topics. and for more let's cross over now to our correspondent in singapore andrea hang on tell me what's china playing as. they want to open up china is very protective of its financial systems as it is with everything else that goes behind closed doors and that includes the subsidies which is a very trump trump target for the financial system in china is something that will not be reformed unless they themselves come up with the solution but there's also the impeachment inquiry which it feels can play into their caught somehow. now how is that going to help a protracted terrified. well china is seen the impeachment inquiry as an opportunity for them to muscle in on trump and get what
6:52 pm
they believe should be a 100 percent for us deal and also they also see this as a weakening of trump's position as president if not if not that then a distraction now according to a china expert their calculation is that trump needs a win and is willing to do whatever he can any compromises possible on substance in order to achieve that win and china also has that crisis in hong kong that was featured as well earlier that won't just doesn't seem to go away but that at the same time chinese chinese officials believe that they can hand it's not the whole congress is not as unmanageable as the impeachment inquiry and that is they're trying for themselves if you can pardon the pun. and indeed to address. thank is a much. well now to some of the other stories making news around the world.
6:53 pm
authorities in the southern indian state of telenor. have sacked 48000 regional transport workers is after a strike they were staging continued to beyond the 2 day deadline set by the regional government state ministers said it was one cardinal to take industrial action during festival season and german arms exports are heading for a new record this year by the end of september export licenses had risen by 75 percent year on year to more than $6000000000.00 euros by far the most exports were approved for hungary egypt follows in 2nd place. for almost 2 decades cambodia has enjoyed a duty free access to the european union single market thanks to the so-called everything but arms or agreement under its developing nations gets trading privileges in exchange for up holding democratic values but cambodia's to tyria
6:54 pm
raging human rights situation jeopardizes the deal. supporters of the margaret hume critic ken lee arrested on the anniversary of his death. that in 2016 no do that to rest face imprisonment. as they go in government crackdown on public opposition rallies this human rights group must remember late privately. they are demanding justice. that. independent investigation commission to ensure that justice will be brought to the public to find out who is a really. great guy. under the so-called everything but arms treaty cambodia can export all products excluding weapons into the e.u. duty free and return the regime needs to respect human rights and promote democracy
6:55 pm
at the moment the e.u. is questioning whether cambodia is keeping its side of the bargain if not they want to tell me the agreement a move that would hit the textile industry hard equal parts manufacturer seat covers or german car manufacturers the manager has crunched the numbers. if it is being cast we have been known to be checking the. products we will be affected with taxes between 6 percent. of the german baseness club and phnom penh the everything but arms trade agreement is also on the agenda. as a group. you know we are against suspension you will receive people because of what we do you don't see with what you know for. your interest as well. chinese companies are investing heavily in cambodia and china is
6:56 pm
a growing market for cambodian goods it's one reason why economists here reckon a tammany of the agreement wouldn't be too damaging. some negative effect slower growth. to be laid off but not be a disaster because the size of the economy and the vibrancy is large and now. it is getting harder and harder for the e.u. to maintain the free trade deal in return for respecting human rights and political freedoms and all the while waiting in the wings ready to benefit a powerful opponent china. and that's your business update here and you w for me in the team in berlin thanks for watching.
6:58 pm
economy happening. really. your linked from africa and the world. link to assumption the stories and discussions for hello and welcome to the news actually program now from someone in germany from the news of museums and wildwood safety debbie to close much coffee come join us on facebook at g.w. africa. feel. education is not the only fault i'm glad i'm an educator and his father and palmer i'm so old that incoming 1015 years the one of the 10th of all it's called true in cocoa devalues all tolerance. bruiser understanding these things cannot be ignored
6:59 pm
for have a good cause the fundamentalist forces in the fanatic forces are also acting very deeply and intensely and they cannot undermine the power of the power of communication to fall off technology ordinary people must not morally support them must not socialism board that the international community has to invest more on the education which can prevent young people to enter into that type of political system. what's the connection between bread plowing and the european union he knows the old motto e.-w. correspondent at the baker john stretch this week in line with the lewinsky sex play the music scene. cuts to. stamping
7:00 pm
recipes for success strategy that make a difference. baking bread on d.w. . the book. this is the doubly news live from bombay in the us pulls its troops out of northern syria paving. turkey should attack comes to pass to drive kurdish fighters away from the syrian border the kurds accuse washington. on the program. environmental activist return to the streets to draw attention to the climate crisis extinction there is taking action in cities around the world terrorizing
30 Views
Uploaded by TV Archive on