tv Business Deutsche Welle December 25, 2019 10:15pm-10:31pm CET
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horrendous situation there at least this is democracy freedom of speech all that but still got a long way to go are you optimistic about the future or maybe i'm optimistic about the future and. it needs time it needs another generation of use our part so she thank you for enlightening us about this seminal moment in for maintenance history and thank you for watching i'll see you tomorrow. in the heart of climate change. for cosmic. what's in store. going to be used for the future. for 2 major cities to go to get insight. into the to know that 77 percent of poppy crops are younger than $65.00. that's me and me and you. and
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you know what it's time no voice is part. of the 77 percent speech obama. this is where. 77 percent this weekend on g.w. . the world's top 2 economies are nearing a trade truce but there doesn't seem to be much agreement on what is nothing when including the player a deal would be signed. off a coming up china's new silk road is paved with profit on potential we know god who stands to benefit most. imes their house $1000000.00 adds up more than a century old luxury goods are joining the arts market as the republic trailed well . there's the indie don't mean business i'm paid for it to feel welcome. the united
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states planning to sign a trade deal with china in the 1st week of january the government in beijing has not confirmed the timeline nor has it mentioned any specifics about the agreement taken together there's uncertainty about what is happening and when. next year is no election year in the u.s. and donald trump is not likely to risk in barking on tricky trade negotiations with one eye on the polls instead he's keen to declare himself the winner in the trade war with china so no surprise when he announced phase one of a trade deal. with because we want to give you. just very briefly. a few days earlier at a rally his message was even clearer. we just achieved a breakthrough on the trade deal and we'll be standing here very shortly there already buying binge and billions of dollars of products agricultural products. the
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phase one deal is bigger than window dressing china will no longer impose tariffs and soybeans imports from the u.s. for its part the u.s. wave tariffs against china in mid december but nothing on state subsidies or market reform not even when and where it will be signed so what does china make of all this. you know the issues you're concerned about on the phase one deal signing i can tell you the both sides economic and trade teams are in close communication about details arrangements for the deal signing and other follow up work. which translates as both sides say negotiations are continuing. with the details of a possible deal with the u.s. still big china is maintaining its focus on the belt and road initiative it's a series of grand infrastructure projects intended to connect the chinese market with the rest of the world and you can see the extent of it here on the mock constructions been underway since 2013 we're talking hardware as railways roads and
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power infrastructure in more than 60 countries china same is to secure export markets and access to woman tiriel. germany is also involved china has invested more than 38000000000 euros here since 2005 with a focus mainly on innovative technologies like automotive drive systems and biomedical technology. and of course the belton road initiative offers huge opportunities for chinese companies seeking to expand their operations our china correspondent blowing up took a look at what impact the project is having on businesses in the country. these are cooling and heating units for industrial buildings soon they'll be shipped to the u.s. pakistan bangladesh and mexico the manufacturer broad group a company headquartered in hunan china specializes in energy efficient care conditioning in the next few years the firm with more than 3000 employees hopes to
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further expand needed by china's belgian road investment scheme. and road opens a new space for growth in the world economy. it creates a new platform for international trade and investment and provides new ways to the global economic governance and contributes to the wellbeing of people in many countries. sometimes called the new silk road the built in road initiative is a massive infrastructure investment scheme new railways are intended to provide better connectivity across the region continent investment in ports will open new maritime trading routes according to official figures the total value of projects already signed exceeds $500000000000.00 us dollars. the projects are largely carried out by chinese state owned firms they've gained experience with big construction projects during china's own infrastructure push of the past 40 years
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but there was criticism of the international initiative. many western countries including germany are reluctant to sign bilateral belton wrote agreements concerns for participating partner countries range from the environmental cost to sustainability of debt levels in some places china friendly governments have been voted out of office. in view of china's own mega construction boom critics call many of the chinese investment projects overambitious. the biggest lesson for the chinese government was that you can't just go ahead and build what you want you have to consider what local governments and people want and how the international community reacts. with you if you ask where the backlash is in some of those countries came as a surprise to the chinese government. i would say it was not just a surprise it was a shock and that. so far international trade rules have been shaped by western
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countries chinese companies like broad hope that through its massive investments china will gain a greater say in these rules to make them better serve chinese businesses. chinese ambitions are on the table it's now up to the rest of the world to react. and the new silk road is certainly not by puffing africa our next report takes us to kenya where our reporter points the model rocket express a chinese funded railway linking to. nairobi. express high profile undertaking that aims to bring prosperity to southern china and to 2 cities in particular. time to board the mombasa nairobi standard gauge railway or s.g.r. kenya's most expensive infrastructure project the distance between kenya's capital nairobi and the port city just under 500 kilometers and 2 years ago in 2017 this
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journey that we're on would have taken up to 10 hours in fact some passengers on the train see that up to 24 hours have been spent trying to bridge that gap between these 2 cities. for us will be able to make it to town. very fast. very fast. phase 2 is bound to happen which means that the standard will be running across the country of kenya and eventually leading up to a regional partners uganda and eventually south sudan opening up the region to trade and movement of persons the railway was built by chinese contractors and financed march we buy chinese loans that poses a debt burden. putting all this together hasn't come cheap $3800000000.00 kenya has had to fork out in order to get this done and the tricky thing is 90 percent of that funding came from the china eggs in bank the foreign investors
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celebrate the results in the promotional videos the chinese provided both financing and technology to operate the railway for the 1st 5 years. the model rocket express is currently running at a loss but the investment is already paying off for chinese importers beijing is now 10 years biggest trading partner on the ground most kenyans are pleased they welcome the investment in the country's ailing and largely outdated infrastructure . this dealer now gets his new cars by a train from mombasa. people who say the s.g.r. was a bad investment or against development this train hopes ordinary kenyans rich and poor benefit from it. but it's also hitting motorists in their wallet gas prices have gone up to help pay off the chinese debt. russia house calls on the european union to find a solution to the controversial north stream 2 pipeline that will transport russian
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gas to germany deputy prime minister said it's in the e.u.'s own interest to ensure it has energy security at an acceptable price makers have approved sanctions on companies and governments working on the project they say the pipeline will increase europe's reliance on russian energy but put billions of dollars in moscow's coffers and increase a lot of its influence. co-founder travis colonic will be leaving the ride sharing company at the end of the year colonic was pushed out as chief executive 2 years ago amid revelations about controversial business practices he'll resign from the board of directors effective december 31st column f. also selling 90 percent of his hoover shares which will net and $2500000000.00 he says he wants to focus on other ventures including a new investment vehicle focused on real estate e-commerce and innovation in china and india. and not all thing far playout expensive the market for luxury jewelry has picked up in recent years by some estimates they grew 2 percent in 2019
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some are even availing of the borrowing rate and if it is to enter the market. the train no i can spot it the connoisseur knows it immediately this stone is pricey i call the presence of the flotilla seats vs one treaty but it can be republished to be in tony's plutus on the estimate is 1.82.8000000. it's one of many pieces to change hands at sotheby's auction house this year this faberge egg from 1903 went under the hammer for just shy of half a $1000000.00 the market for precious jewels is alive and well and is worth of a 6000000000 euros a year precious stones and high end jewelry are regarded as the perfect in estate investments if there's been a professional assessment to determine origin and value chinese and americans were the main players entering the market last year who wears the baubles is another
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question some super rich decorate their dogs with others lock them away in safes until they're ready to put them back under the hammer. from me and the business team here in berlin you can get more on our website dot com slash business you can also check us out on facebook on twitter just feel free to drop us a line there for me though it's comply and take.
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to. go to the girl next. to the line of storms. with exclusive. the must see concerning parts. to. do it yourself networkers. subscribing to. the they work that's hard and in the end these are me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with violence of the b what's your story. 'd 'd on what numbers of women especially of victims of violence. take part and send us your story you are
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trying in all ways to understand this new culture. another visitor another guest you want to become a citizen. in for migrants your platform for reliable information. hello and welcome to focus on europe i was glad you could join us today we want to introduce you to extraordinary europeans regular people working to overcome hurdles to improve the lives of others take for instance paris there is no shortage of luxury in the french capital. and hotels are abound and it's images like these that have made paris.
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