tv Business Deutsche Welle January 17, 2020 11:30am-11:45am CET
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nice news and keeping going to near you. i want to follow story. there's a. mosque. starts january 27th on d w. the bruises of the trade war china talks of its weakest economic expansion in decades how much curling can the world's 2nd largest economy take also coming up these sheep are the key to any croatian cull and their delight stets one of the highlights as the world's biggest agricultural trade fair gets underway here in berlin and guyana and ivory coast are trying to fix cocoa prices to fight farmer poverty but there are reports that global chocolate makers are undermining b.f.
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just. on chris colfer welcome to the program china's gross domestic product last year grew at its slowest pace in almost 3 decades weaker exports and sluggish consumer demand weighed on the world's 2nd biggest economy slowing economic growth to 6 point one percent while that was within the government's target zone and was lower than economists had forecast. the chinese government aims to accentuate the positive visit announced the country's worst g.d.p. growth since 1990. you suddenly turned up in 2019 the economy grew by 6 point one percent on the previous year that meets the projected target of 6 to 6.5 percent. but those latest figures are an unwanted sign that beijing has failed to improve conditions the way it would have liked. china's expansion has been slowing for much of the last decade edging ever closer to the 6 percent mark some analysts say needs
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to stay above that point to continue generating jobs the latest figure takes it uncomfortably close. the government has already tried various measures aimed at slowing the slowdown including bond sales to fund new infrastructure and tax cuts ministers insist they have a plan for what to do next. omeo enjoy a year we must stabilize employment finance trade when not foreign and domestic investment and expectations. the phase one trade deal signed with the u.s. this week will go some way towards bringing about the stability china craves don't need something more substantial from phase 2 if it's to have anything to smile about. china clocks the lowest economic growth in 30 years for more let's bring in ali bartz in frankfurt all the market reaction in asia and europe looks positive
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though tell us more. yes the markets are really going some place today a little bit less hard these past few days but not only are the major markets in europe gaining but they're. proceeding on quite a good measure with quite a bit of energy it seems behind it here in frankfurt with the dax you can see it on the big board behind me it's only a short hop skip and a jump away from its all time high and that's something i think the positive note that one got from china which is contributing to this mood in the market is the fact that the growth picked up in december as the deal was materializing but everybody here on the floor knows that 2020 will be challenging as well that there can be setbacks in the mood as the negotiations toward a comprise a comprehensive deal one even more important of the one just reached will be
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equally if not more difficult so we're talking about 6 point one percent of economic growth in china last year it is the weakest growth in almost 3 decades yet it is 6 percent of growth so is this a good or bad thing or. i think it's a good figure because it was reached under extremely difficult circumstances you know the trade deal the all the back and forth on not the brics but all sorts of other geo political crises weighed on the markets they weighed on business they weighed on consumers even. at 6 point one percent having said that every person i talked to even today economists always insist on how unreliable they think because chinese to statistics are they doubt the veracity yet still whether it's 6 point one percent or 5.9 percent or 6 and a half it's still an impressive figure considering that the chinese economy has been maturing for years and there's only so many railroads and airports and roads
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and plants that you can build growth naturally slow with. d.w. correspondent olivares reporting from the frankfurt stock exchange ali thank you so much shortly after the ceiling of the u.s. china trade deal the european union has cast doubt over its legality the use top trade official has pledged to investigate whether china's commitment to increased purchases of u.s. goods by $2200000000000.00 is w t o compatible the bloc says it won't mount a legal challenge if it finds violations earlier a chinese vice premier insisted the pact complied with the ragged elations of the world trade organization let's take a listen to what he had to say. to reveal which there are 2 important conditions no negotiations the 1st one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports
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are actually based on the market principle on the rule of supply demand. enterprises import according to consumers demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers. so generally we believe that it won't hurt the interests of 3rd parties. to the design of the the chinese vice premier speaking there and now to some of the other global business stories making headlines microsoft's chief executive has promised to remove all the carbon his company has emitted from the environment since it was founded back in 175 against it chivo by 2050 by becoming carbon negative by 2030 google parent company out of it has become the 4th company to be valued at one trillion dollars the company's stock traded at a record high at the new york stock exchange on thursday adjoins amazon apple and
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microsoft in the so-called trillion dollar club china's birth rate dropped last year to its lowest since the communist country was founded in 1949 trying to relax its one child policy and 2016 but the change is not resulted in more pregnancies there are concerns that an aging society and shrinking workforce will pile pressure on a slowing economy. they berlin international green week gets underway today it's one of the world's biggest agricultural trade fairs and has been held here in the german capital for nearly a century this year's partner country is creation known for things like wine and citrus fruits and a special kind of cheese that's made only on a remote island take a look. around the hundreds of pack island sheep belong to the saloon a family but foaming isn't that the nice old sitting come. like many other families
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this meanies all say walk in towards them in the summer. that's because printing sheet is labor intensive often arduous work. you might. be commander of money doing this the problem is the young people don't want to do it anymore magick around. the park sheep is a unique breed which only lives on this croatian island. the animals can get by on very little and they have to food is often scarce here. this dairy was built with help from the european union which croatia has been a member of since 2013 this family business uses the sheep's milk to make a croatian delicacy a kilogram of this cheese costs up to 70 year as like many other croatian food produces the company focuses on nice domestic products that are increasingly being exported. and that we are trying to reach. your
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being interested only in business one component of your. preparation agriculture is diverse because of the many different types of climates across the country mandarins and oranges growing then are the delta and the harvested during the winter months the yields this season have been poor because there's been too much rain. the majority of the plantations belong to the state which is a source of much grievance for the farmers because the government to stopping them from becoming landowners that campus investment and many young people decide to leave says. he's found it an initiative that calls for orange plantations to be privatized. do you want to tell me why campaigning for the tenants of the parks to be entered into the laundromat just as i you know has said that they can finally apply directly to the european union for subsidies. many tenants of orange
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plantations have to work with basic means. this very much actually a cow ridge and the workers make do without more than 20 percent to. 27 year old if i knew no church hopes to build a large bottling plant say and. yet most people are left to fight their own battles in this industry the neighbors with plantations don't give you anything people work against one another and undercut each other with dumping prices. croatian agriculture doesn't have it easy on the european market the small structures often lack the comfortable and expertise to compete on an international scale. now if you've seen any of all reports on cocoa production in africa you know who the winners and losers are in the industry chocolate is a multibillion dollar market but it's heavily weighted in favor of international retailers and against local producers now smallholders and west african countries
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want a bigger say in the price of chocolate and they want a bigger cut of the revenue. small farmers in ghana harvest cocoa for the confectionery industry but it's hard to make a living despite strong demand only 6 percent of what the beans earn on the world market and up in their hands that could change donna and ivory coast are the world's biggest producers together making up 60 percent of cocoa production they want to use their market leverage to push for better prices. in the past 2 years the price of raw cocoa beans has risen on global markets in december $27001.00 tonne cost around $1500.00 by december this roast over $2400.00 however at that price was down on the previous month the price fluctuates a lot. to ensure a stable income for cocoa farmers ghana and ivory coast want to set the price this
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year at around $2600.00 tons. some international commodities firms like switzerland very callous but have also signaled that they are willing to pay a fixed premium so cocoa farmers get more for their beans so far it's generally been less than $2.00 a day. and that us of a program as you're drilling can find more on our web site at www dot com slash has some press called roland thanks for watching and have yourself.
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culture of looking at stereotypes quests in your thinking country. taking his grandmother there. it's all the. time rachel join me. post. hello and welcome to arts and culture berlin fashion week is in full swing and in times of climate crisis making a concerted effort to clean up one of the world's most polluting industries we'll find out more and take a look at these stories. the charismatic christina of a stone is the new woman wielding the baton and driving the action into production of. and we visit the house in pamplona which has earned
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itself the title thanks to its award winning and on embellish concrete design. all since 2007 berlin fashion week has taken place twice a year in january and july and over the years it's earned a reputation as a great place for young designers to earn their stripes but young designers are by definition tapping into the mentality and aesthetics of millennial and even jen says which means that sustainability in the industry has grown radically in importance and that's where the new a new trade show plays a major role. some of the environmentally friendly fashions on the runway ready.
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