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tv   Business  Deutsche Welle  October 8, 2019 4:45pm-5:01pm CEST

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is it really better than the trans-pacific partnership the u.s. ditched in favor for it. and ask unrest over subsidy counts russel's ecuador at a conference in frankfurt tries to identify opportunities and challenges in latin american economies. also how an entrepreneur in mumbai hopes to push electable billeted by introducing a retro force unless carriage. back up to do double business asia want to get johns in berlin thanks for joining the united states has added a further 28 chinese companies to a trade blacklist saying the firms have all been involved in the persecution of muslim minorities in china beijing was swift to respond signaling it will hit back this comes just 2 days before u.s. china trade talks are set to resume aimed at ending a protracted trevor for. this is what the white house says the latest mass blacklisting is all about he claims the 28 companies that helped beijing build what
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amounts to a police state in she jang suppressing ethnic week is mostly muslim minorities. among the firms 2 of the world's largest manufacturers of surveillance equipment hike vision and. the u.s. is hurting china's chances of becoming a world leader in the sector days before trade talks is due to resume the americans insist the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shone a light on chinese abuses for fear of the railing the discussions china says the surveillance and she chang is part of the fight against muslim extremism now beijing has to watch on the list of chinese firms banned from trading with the u.s. gets longer still. and joining me from war here in the studio now is to use china
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expert clifford couldn't and clip it this is not the 1st blacklist issued by the united states what's different this time well i think the intention behind this seems to be more political certainly they've expressed it as a political move but we've already seen weiwei as you mentioned i think this is looking at some very key areas in china particularly surveillance in the comps a lot of chinese economic development in the area of ai for example has technological development in ai has been through the surveillance sector so it's targeting some companies which are very much involved me i sector and beijing already said well we're going to hit back what can we expect yeah that's right they said they said stay tuned to see what they put they can do there's a lot of sectors they still haven't looked at yet they could they could hit the auto sector there's all these kind of areas were they could. could retaliate but we will have to wait and see that the next talks are to resume in 2 days from now
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insist they say any point in them actually meeting well the commerce department said that this is separate from the trade talks but then i suppose they would say to us i think i think. who knows maybe they'll be able to separate this out but it's certainly not going to do anything to make up with for these talks which are already tense even worse and i think we're going to have to wait and see how that comes out as well but it's not going to help which of these 2 sides can actually stomach a protracted trade or tariff war battle that's one thing that we've been looking at i mean the u.s. certainly sees itself in the having the upper hand but the chinese have shown the chinese economy is shown itself very resilient slowing down would love the analysts you talk to would say that's not actually related to a trade war it's to do with internal matters and on the domestic market so it looks like they're both fairly evenly matched at the moment all right cliff it can and they're our very own china expert and also from the business of course thank you so much well the united
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states and japan have signed off on a limited to trade agreement u.s. president on a trump is in no danger of underselling the deal claiming it will create countless jobs however critics say it falls short of the transpacific partnership the u.s. ditched in favor of the arrangement president trump framed it as a big win as he watched u.s. trade representative robert light and japanese ambassador shinn suitcase sugiyama put pen to paper the deal will reduce tariffs on $7000000000.00 of u.s. agricultural goods while lowering levies on japanese industrial products becomes alongside an agreement on digital trade. studio's represented tremendous victory for both of our nations they will create countless jobs expand investment in commerce reduce our trade deficit very substantially promote fairness and reciprocity the vast opportunities for growth the deal helps out american farmers
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who've been operating at a disadvantage in japan since the u.s. left the now 11 country trans-pacific partnership but critics say it falls well short of the t.t.p. which the president walked away from in his 1st week in office the deal doesn't even touch on perhaps the biggest issue for the japanese site tokyo wants the u.s. to promise there won't be any further tariffs on its cars it's yet to get that assurance in writing president trump says the 2 countries will continue to work toward shaking hands on a more comprehensive deal. to ecuador and tensions are running high in the south american country indigenous people and farmers have been clashing with security forces and their protest of soaring petrol prices now the clashes have only been the latest incidents and days of looting and vandalism which prompted president moreno to declare a state of national emergency. angry protests on the streets of quito the capital
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of ecuador. they were triggered by exploding petrol and diesel prices since the government cut its fuel subsidies. to exactly what the government has to pay for this economic crisis people are sinking into misery. if people are hungry they will fight and fight on them where low level actually a lot of china. is fighting a recession. president moreno has received a loan of up to $4200000000.00 u.s. dollars from the international monetary fund but it set conditions including slashing subsidies in response to the mass protests and riots the government has declared a state of emergency. ecuador lives from its oil its most important export despite massive criticism from environmentalists oil is also produced here in yes
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sunni national park. ecuador has high debts especially to china in recent years china has become the south american countries main investor building contractor and most important lender. loans amounting to more than $18000000000.00 u.s. dollars have flowed from china to ecuador since 2010 according to the china latin america finance database for the construction of roads oil platforms and power plants ecuador repays loans to china with oil around 90 percent of the oil ecuador produces heads across the pacific. well the situation in ecuador is on the agenda today of the latin america conference in frankfurt and correspondent there carolyn that she is standing by there hi carol enough to tell us more about china stake in ecuador and how is china's involvement in that part of the world viewed where you are. hello money well it china
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is present in the region already for over a decade and we have to know that they started businesses in latin america in 2005 until 2013 china as a main concern was to secure an energy services and draw material so they started giving loans to some countries in latin america in order to get all. copper and the 2nd phase from 2013 and till now worked under the chinese slogan if you want to get rich then build a road during that time a chinese state owned companies started to build roads a railway sports airports so they have been a latin america for a long time now and they do know how latin american mentality works they do want to make more business is there this conference tries to balance this tendency the western is if german companies can really be a deal with with the chinese president in latin america ok korea chinoy there thank
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you so much here. on kong stock exchange dropped its unsolicited bid for the london bourse today it had offered $39000000000.00 u.s. dollars for the elysee group and a surprise approach made last month in a statement hong kong exchange said it was disappointed that it has been unable to engage with the management of the embassy the offer has threatened to up end the elysees owned $27000000000.00 u.s. dollars plan to buy data and analytics company griffin a to. india wants to push electoral mobility within the next 10 years the country wants half of all traffic to be emissions free including transport modes especially aimed at tourists old fashioned horse care which is banned in mumbai solution and electric buggy. and emissions free. carriages just attraction on the streets of mumbai.
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if you think they're missing a bit of power you'd be wrong. electricity. the 1st customer of the day is 89 year old s.p. . having completed his maiden voyage he seems in this mode of transport. i feel. the electric brainchild of this man. he's hoping that inventions of this kind will help make india's transport sector more environmentally friendly. the government has ambitious goals in the area in the next decade. vehicles on the road
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to be electric. experiences are going to save you know the common man's going to order but at the end of the day if so when you sit on a dime you know and it's facing at a speed of maybe been creeping colorado's to the iconic i had struck shows as well as a view out on it's going to experience some 40 electric carriages are already being used to ferry tourists to mumbai's famous sign for an old school alongside a new age technology. and that is your business update here on d w 4 war please do go online follow us on twitter and facebook for me and the team here in berlin thanks much.
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kick off. welcome to the real world byron munich suffer a humiliating lost a half and i'm now called. welcome to the tough guy brought down a cultural movement 1st place in up a table. unit on w. . i'm scared that the they were not hard and in the end is a me you're not allowed to stay here anymore we will send you back. are you
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. starts october 21st on d w. w news line from is arrested after crashing a stolen truck into a line of cars in germany injuring several people police are investigating the motives behind the incident the driver arrived in germany from syria in 25th day bring you an update from the city also on the program but he says it has completed her preparations for an air offensive against serious cuts.

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