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tv   Business  Deutsche Welle  December 26, 2019 12:30am-12:46am CET

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my choice is this card because even there where. the storms. and. the world's top 2 economies are nearing a trained troops but there doesn't seem to be much agreement on what is happening when or even where it would be fine. coming up our reporter edith kamani takes a trip on the chinese finance model rocket express in kenya. and entrepreneur in thailand has come up with an innovative alternative to the polluting practice of burning rice fields. they say. ok ferguson well the united
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states says it's 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 is uncertainty about what is happening when. next year is no election year in the us 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. that we want to give you it should be a place where. 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 sure to get very shortly they're already borrowing bijan billions of dollars of products are great cultural products . the phase one deal is bigger than window dressing china will no longer impose
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tariffs on 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 will be signed so what does china make of all this. are the issues you're concerned about on the phase one deal signing i can tell you that 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 being hammered by china is maintaining its focus on the belt and road initiatives it's a serious of grand infrastructure project intended to connect the chinese market with the rest of the world and you can see the extent of it here on the map constructions been underway since 2013 we're talking harbor as railways roads and
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power infrastructure in more than 60 countries china's aim is to secure export markets and access to real materials. now 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 biomedical technology and of course the belton road initiative offers huge opportunities for chinese companies seeking to expand their operations our china correspondent boeing that 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 air conditioning in the next few years the firm with more than 3000 employees hopes to further expand aided by china's belgian road investment scheme.
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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 for global economic governance and contributes to the well being of people in many countries. sometimes called the new silk road the built in road initiative there's 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. so far international trade rules have been shaped by western countries chinese companies like broad hope that through its massive investments china will gain
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a greater say in these rules to make them better serve chinese businesses. and chinese ambitions are on the table it's now up to the rest of the world to react. on the new silk road is certainly not bypassing africa our next report takes us to kenya where our reporter points the model rocket express a chinese funded railway linking the mombasa. express high profile undertaking that aims to bring prosperity to southern cal you can do 2 cities in particular. time to avoid 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 mumbai just under 500 kilometers and 2 years ago in 2017 this 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
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between these 2 cities. fall. down. he had very fast. made a fast. food stew is bound to happen which means that the standard gauge will be will be running across the country of kenya and eventually leading up to a regional partners uganda and eventually to south sudan opening up the region to trade and movement of persons in the railway was built by chinese contractors and financed largely by chinese loans that poses a debt burden. putting all this together hasn't come to 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 celebrate the results and the promotional videos the chinese provided both financing and technology to operate the railway for the 1st 5 years. the model
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rocket express is currently running at a loss but the investment is already paying off for chinese importers beijing is now kenya's 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 training helps 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 has called on the european union to find a solution to the controversial north stream 2 pipeline that will transport russian gas to germany deputy prime minister dmitry kozak said it in the e.u.'s own interest to ensure it has energy security at an acceptable price u.s.
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lawmakers have approved sanctions on companies and governments working on the project they say the pipeline will increase europe's reliance on russian energy put billions of dollars in moscow's conference on to increase flooding or putin's influence. to thailand now where the rice harvest typically creates plenty of straw waste which farmers often burn the proctors cause those huge amounts of air pollution now an entrepreneur has come up with a clever solution to the problems of wastage and environmental damage. it's smoky and it stinks every year thailand's rice farmers burn the leftover straw and scorched the stubble in the fields. entrepreneur jarl one common one wants to change that i mean a full on demand i don't. give patients it's very hard work when i see they grow rice and is this is a taster a long time and the. saw each button is very nice to have. the
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young entrepreneur believes rice straw is valuable she pays the farmers around 3 euro cents per kilo for us. kamora has invested some 300000 euros in her plants in the northern thai provinces. this is where the straw is chopped into fine bits and then cooked all without chemicals that process results in the pulp it's used as a roll material for making rice paper packaging and disposable tableware but the machines to process it are very expensive so the pope is exported to india. we have the customer because. they're. very interesting because. john my
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university supports ties start ups like jaro on common ones researchers show improvements for the coating of tableware. that said that a film of rye starch makes these plates even more resistant to liquids he's on top of it was a business woman wants to set up her own production. of the need for disposable table where as big. there are hundreds of street vendors and food trucks here in chiang mai alone. they're ready to pay around $1.00 botched 3 euro cents for an item. and i hope i have a dollar to me and i cannot. pass on the top shop back constant somehow to him having taught issue these are so high speed light up 40 feet from the man this mosque wrong good and the cost to us past the
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us many farmers here and on have learned that you can make money from straw burning it is a waste. from me on the business team here in berlin for more news on features you can check out our website it's up to you dot com slash business you can also find us on social media or on facebook on twitter do drop us a line if you have to time wherever you are in the world it's narry christmas for me it's goodbye and take.
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for the troops play time to overcome down trends and connecticut. it's time for double. digit every news coming up ahead. minds. but it is easy trains again across the city. these natures developments of course such that complicate the battlefield. the islamic republic has been p. diddy's threaten to close the strait of hormuz. we can't trust this corrupt government. policy it's a new phenomenon. because latin america millions are fleeing from thailand is. the expectations are definitely
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there. s. so for a family that's not very much because they never seem. to. tell their friends my name is no longer i love batman. i'm a conductor and i come from mexico to. join me anything extraordinary people all over the world and just simply not so funny and. i am. with so for at least making what are we going to make we're making dumplings doubling students my mother's recipe are your mother's recipe so don't things with mouse last us or.
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i want you to tell me well we do this 1st why you love cooking. and when you cook i don't understand how he has time to cook because he is the i just seen director of the queensland ballet i was very busy all the time a fund raising directing showing the dancers what to do and running a huge company very successfully. planted her.

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