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tv   Business  Deutsche Welle  November 28, 2019 3:45pm-4:00pm CET

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stock markets got off to a shaky start today as concerns mount that tensions over hong kong may get in the way of a u.s. china trade deal u.s. president donald trump on wednesday signed into law legislation backing pro-democracy protesters in hong kong it requires the u.s. state department to monitor hong kong's autonomy to justify favorable u.s. trading terms and also threaten sanctions for human rights violations china's foreign ministry hit back one of unspecified firm countermeasures that put a lid on a week of gains for asia pacific. it's thanksgiving day in the united states but it's the protesters in hong kong that finally has something to be thankful about long sought after support for their pro-democracy movement finally came from washington a new law requires that hong kong must remain autonomous to receive favorable trade status which is help the city become a financial center the chinese government was quick to condemn the u.s.
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legislation and is threatening to retaliate what it sees as blatant hedge many. into the u.s. signing of the so-called hong kong human rights and democracy add into law seriously interferes with hong kong affairs it seriously interferes in china's eternal affairs and seriously violates international law and basically norms of international relations it's a naked act of hedge many. with the u.s. in china struggling to nail down a new free trade deal stock markets were spooked by the flare up of anger but some analysts are not certain that diplomatic fallout willing danger the talks. i've heard some commentators people in china think that hong kong is no card that the u.s. is going to play in trade negotiations and i don't believe that to be the case it's not something that the u.s. can you know either give or take away so it's really not a good it's not a good card. others say washington's protracted silence on hong kong's protests was
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already a sign that the pro-democracy movement is a factor in the trade talks and that a completed trade deal remains a top priority. well resident china watch a clip of cool joins me in the studio and i'll cliff makes a phase trade deal less likely does it i think it probably does we've seen how it's you know the angry reaction you know naked act of had germany and they're very very angry about this pretty strong words yeah yeah so certainly from the verbal on the verbal side they're very very angry but it's just a question of what actually translates into things though i mean there's a lot of pragmatism at work here too and the politics is very important to the chinese government and the often will polit will trump economics so it's basically that's going to be their focus so it could definitely get in the way the hong kong chief executive has also commented on that let's let's just briefly.
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move away from the one country 2 systems principle pretty fortysomething. across their home their western supporters do not. so he said he does not expect to see the need to move away from the one country 2 systems principle what exactly is he saying that well he's saying that they will respect the basic law america doesn't need to worry about anything but it's just a question of whether or not whether that's going to have an impact on the demonstrators on the streets is the big question and then how that will eventually . into the. convert into what it will convert into during the trade talks. this whole thing i mean the decision by donald trump to sign into law this this law it's part of a trend it seems more countries seem to apply more rigorous moral stand as ethical
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standards in terms of who they trade with do you see that that's right i mean ethics seems to have become a an investment point now we've seen in the in a lot of different cases this week we had reports machine jiang about the camps for the weavers there and folks logon which was a plant there was also came under fire so it's clearly becoming an issue now used to be that people were able to seemingly separate the 2 but i think that's becoming harder and harder now i mean we even saw with trump himself he was trying to play both sides by sort of saying he's my you know he's a very good friend of mine while at the same same time supporting the protesters so i think it's definitely becoming an issue no business with trump seems to be keen to keeping the trade will going to boost profiting from this yeah i mean he's you know as he always says himself you know they're getting the revenues from the tower of some things that. he certainly seems to suit them it's a question of whether this would politically be an issue for him because they're saying that it is his in the heartlands in america when the agricultural side so
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maybe he could face political pressures or find a deal as well do you see the protests in hong kong stop any time soon i think this is kind of a turning point but it's still very difficult to see a timetable it's certainly wait to see now how this chinese anger plays out on what it what it actually turns into if it turns into anything concrete regarding hong kong still a very volatile situation to fit couldn't there are resident china watcher thank you very much to. this c.e.o. of south korea's 2nd largest appliance made l.g. electronics has been shown the door joe's song dubbed the washing machine genius and a raft of other managers were dismissed after 3rd quarter net profits slumped more than 30 percent. come back to germany berlin is preparing a law to protect german companies from foreign take over this economy minister peter said the government wants the right to veto bits by e.u.
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investors if they plan to acquire these 10 percent of the german firm the threshold is currently it's 25 percent the changes would pertain to companies involved in artificial intelligence robotics biotech and quantum technology. bring in only bots are fanatical as one of the in frankfurt who has been witness to many takeovers and takeover of turns over the years covering the stock market does changing the rules for non e.u. bit is make any sense. well if you come from the bases that. the german government are coming from yes tightening the rules lowering the threshold from 25 to 10 percent does make sense but it begs the question of course why 10 percent why not 3 percent or 5 percent or 2 percent or no percent after all we know from all these takeover attempts in the past that you can influence company policy with as little as 3 percent it sounds like not very much but 3 percent or 5
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percent that can bring major influence to so-called activist investors and they can cause executives to be fired product line ups to be changed and companies to be bought or sold. what do you do then then you have to loosen of course in order that germany has these important technologies developing here on the soil live on some fronts with thank you. now to some of the other global business stories making headlines today. europe's top food and beverage companies are calling upon regulators in brussels to make the production of electric trucks mandatory for comm a case so that the companies have a better chance to meet their climate goals alliance includes nestlé and unilever they say the car industry needs more incentive to begin producing electric trucks.
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new european central bank president christine legarde added her signature to euro bank notes on wednesday a certain bonus 1st task for the position the new bills are set to enter circulation next year god said her autograph represents the promise to watch over european stability. people are getting older which is good news but when societies age the need for medical care rises and that can become a problem germany is a case in point a country faces and the alarming shortage of qualified nurses that's why the government has introduced a scheme called professionals in germany to attract suitable personnel from abroad and that number is one of the key hunting grounds for future nurses and caris. it's monday morning in the neurological ward of the rostock university hospital.
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and the 2 apprentices to do on t. quinn who are helping a patient both of already completed training as nurses in their home country of vietnam. nevertheless much is new to them. and during my training in vietnam i gave injections are put in drips but washing patients or giving them food was done by other workers. in germany the nurses to perform these tasks therefore trainees from vietnam have to complete the full 3 year training program once again. while. racicot. the student nurses are prepared for the german system as part of the training program in their home country still it's not easy for the 2 women. was that it got us i guess it's a very different dialect to the one that i've learned. there are many words i don't
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know and i'm just learning how to find how should i had a lot of difficult things at the beginning you missed riverside 2. $300.00 vietnamese trainees have come to germany under the economics ministry scheme to be at me as apprentices are welcome after all they bring a lot of experience with them. but it challenges the mentality words like yes and no don't have the same meaning in vietnam as they do in germany. so it's not really this is to some extent problematic in terms of the manuals because when there are work assignments and the question is asked do you understand the vietnamese trainees are likely to say yes because they understood the meaning but perhaps not the content of the question this was the start home. and this goes to no. co-workers have adjusted to this after all there are workers from over 40 nations in the clinic. as you have one of the one here in the nurses
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station we have hungary ems we have people from bosnia we have macedonians we have one person from syria so it's very varied and colorful here at the nurses' station this is here. it's once again. currently the last batch of the program is finishing up the 1st year of training in future clinics will have to range the employment of vietnamese workers themselves and that's a business. a
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refugee camp on the border between croatia and bosnia. there is no running water
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no power no heating. heavy snows of expected any day now. where should they go when winter comes because forty's code to come. in 30 minutes doubling or. tripling much subjects. expressing feelings i am not very creative yet but i would love to be considered an artist mandate looking for new perspectives on the work and not because we play fake rufio canada doing things differently. come to the place where we reflect on society. march 21 to talk to w. i'll go
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is the w. news live from berlin up being the anti it's not just climate change now the european parliament is declaring a climate emergency in lawmakers raising the stakes adding pressure on the incoming e.u. commission chief 1st love under lion and her team to keep her word and make the block climate neutral by 2050 also coming up china lashes out al.

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