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tv   Business - News  Deutsche Welle  August 19, 2020 8:15am-8:31am CEST

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thorn in putin side because they show his own compadres here what the protests against a long term strongman leader can provoke so a kind of dress rehearsal for a possible change of power in russia one day bucks nevertheless putin is acting very cautiously at least when it comes to public statements on belarus it seems like he is way he's opens very carefully. why subscribe to d.w. books you meet your favorite writer write. to but iraq is too short to find beautiful. for you books on you to. make is for me it. is for you. as for help. beethoven is for. is for.
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beethoven is for. beethoven is for. beethoven 202250th anniversary here on new. u.s. president says trade talks with china are on ice just the latest reason why tensions between both sides are rising another huawei we'll talk to an expert about how europe is increasingly called the middle. also on the show the krona virus has disrupted food supply chains in china now beijing is telling its citizens to clean their plates and avoid food waste. and will visit greece for a look at how europe's summer travel season has fared in the year of the pandemic
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but 1st. you know why i do what. i do want to deal with what they did. i don't want to go right ok. and that of course is u.s. president donald trump responding to a question on trade talks with china and this is your business report i'm stephen beardsley in berlin donald trump on tuesday casting doubt on the fate of a trade deal with china the president saying in the same briefing that he had canceled the talks and just the day before his top trade advisor peter navarro said that the initial phase one deal struck in january was quote unquote on track the tensions between the u.s. and china have grown in recent weeks with washington singling out chinese firms doing business in the u.s. including to talk over by dance we chat. and another firm singled out by washington huawei world's leading manufacturer of 5 g. network here the u.s. campaign seeks to have allies around the world dump the supplier for security
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reasons europe has become the focal point of that campaign in particular. in the high tech city of shenzhen where huawei is headquartered 5 g. is already a reality chinese state television runs footage of transmission mass under construction always become the world's largest network your supplier and was planning to supply its kit for 5 g. networks around the world but the u.s. has banned its companies from doing business with while away much to the annoyance of officials in beijing. the u.s. has done shows clearly that the market economy and fair competition principle it claims to champion is nothing but a fig leaf. this practice violates the rules of international trade disrupts global supply chains and will inevitably damage america's national interests and image washington is calling on the world to make a decision against china last week u.s. secretary of state mike pump aoe terje europe on call for
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a while wait to be banned from 5 g. networks because of espionage fears. europe is divided on how to approach one way some countries are lining up with the u.s. and restricting hallway are not using its 5 g. technology atoll others are using hallways 5 g. gear and others are still undecided the euro zone's biggest economy germany has so far avoided the decision it feels caught in the middle but the usa and china are important trading partners berlin doesn't want to ruffle anyone's feathers. and for more on this i'm joined by isabel she's a cyber security and digital policy researcher at e s m t berlin isabel thanks for joining us. should europe be concerned should europe be concerned about qual way as a network supplier what do you think. i think europe should think about dependencies in the long term and in that sense yes it should be concerned about. who its uses to equip 5 t.v.
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networks strategically because those networks are critical infrastructure for the next 20 years and will determine the fate of our future industry and moreover their european suppliers who would be unbearable as well so we might rather be dependent on european suppliers than chinese once and there are also some security risks about what way which i'm not completely confirmed but. laws in china the chinese government to take influence over trying these companies and security agencies can force it potentially to cooperate on our sabotage or some good technical points about using huawei as a supplier is that technical discussion now being torched by a larger political discussion and this tug of war between the us and china. yes it's a very political discussion it's also a geopolitical discussion china and the u.s.
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are basically fighting over dominance geopolitical dominance in the world the u.s. initiative is certainly also an initiative to preserve its 1st position in the global game so to say so europe now caught in between really needs to find its own position geopolitically it as well as industrial. focus is really falling on germany can berlin really afford to sit on the french on the fence rather on this issue for much longer. now of burlington absolutely not afford to sit on the fence it has to take a decision it needs to act together with its european allies and partners because a cell of national decision will not have as much weight as a european position this is why the european union has already initiated a strategic process last year that germany is part of and that sends germany now it
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needs to not only make a technical decision about technical security of networks but also position and south within this larger geo political debate. on the basis of its value about its alright we'll have to leave it there for now isabel scare her with a berlin thank you very much for your analysis thank you. and staying on the topic of china beijing is singling out a new domestic vice that it wishes to combat food waste with a food supply chain under scrutiny due to the pandemic chinese families are now being told to clean their plates. at this roast duck restaurant in beijing servers have an unusual request for diners order less food. eateries like chicken judah are at the forefront of china's new battle against wasting food china is nothing future it is now the concerns over wastage have grown and the cove in $1000.00 and after heavy summer flooding destroyed crops in
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southern china. i'm a little worried about the food supply issue after the pentagon had natural disasters like floods we're lucky to have enough food and we shouldn't waste it. if we don't have enough food then we should reduce food wastage even more. i think i'm very supportive of the government call. it what. china's catering industry waste up to $18000000.00 tonnes of food each year that's enough to feed $50000000.00 people. chinese president xi jinping has called the ways to change ball and urge citizens to be frugal. diners are happy to he'd call and take their leftover doc to go. or let's take a look now at some of the other global business stories making headlines. chile's
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g.d.p. tumbled more than 14 percent in the 2nd quarter compared to a year earlier after the pen demick weighed on economic activity manufacturing construction the hotel and restaurant sectors were among the hardest hit one bright spot was the mining industry which was bolstered by growing demand from china. u.s. retailer wal-mart posted its biggest growth in online sales in the 2nd quarter as shoppers cashed in stimulus checks and stepped up purchases of electronics online sales jumped 97 percent and same store sales surged 9 percent. british retailer marks and spencer has announced plans to cut $7000.00 jobs that's the latest blow to the beleaguered retail sector which has seen ship sales drop sharply during the pandemic the company expects many of the reductions will be through voluntary leave and early retirement. germany's largest power producer r w e has launched an online auction for one of its bucket will excavators the largest excavators of this type rise as much as 100 meters high and weigh 14000 tons. has
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pledged to phase out coal production by 2038 and is now focusing more attention on renewables. it's been 3 months since greece opened up again deters them one of its most important industries sector accounts for a quarter of g.d.p. with some 33000000 visitors a year in a normal year but this year is hardly been a new normal year for. tourists are returning to santa rini if sparingly normally the alleyways a time of year but this summer many hotels remain closed there are few guest from the u.s. and china and most of the lucrative wedding receptions have been proposed until next year photographer dimitri is getting a whole new perspective on her ireland 3 experience something unique here because you would think we're sitting here for 10 minutes and nobody. uses all of the
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photographers have that cup this year and they were waiting for q to put the suit. many local businesses have already written this season off for the tourists themselves the situation is relaxed. it's a strange feeling to be here and normally it's probably about this time but it's great as well to cry out. because. it's safe to holiday in greece now prime minister. of the country back in june and he promised extra doctors for the island's the public hospital on santa really has 5 new health workers and several intensive care beds luckily they haven't been needed so far the left. one only we have been tasting here since last month doing molecular analysis and you get the results back in an hour. the mood is mixed among
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hoteliers ellen he runs an explosive hotel which our family has owned for 30 years none of our regular guests have come yet she also sees the coronavirus pandemic as an opportunity a chance to rethink tourism want it back for a couple of years for sure at the level that they where so they should maybe concentrate on their farming and on the winds are on something else to make their economy more sustainability especially under any. sustainability is the big theme right now in santa rini the popular island wants to limit mass to resume including cruises. has just launched a new eco program. we hope in a couple of years we're going to be. free plastic free. completely free from plastic. we're going we're going not to use anything that is plastic. and even if we use it we're going to recycle it. people on
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sun to really want to steer tourism in new directions but for the time being everyone just hopes the infection figures remain as low as they have been among locals on to wrist. and that's your business update as always you can find out more about these and other business stories online dot com slash business or to check out our social media channels facebook and twitter for me and the business team here in berlin thanks for watching.
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what secrets lie behind. discover new adventures in 360 degrees. and explore the world heritage sites. w world heritage 360 get me out now. welcome to global 3000. online schooling in china we find out how beijing is maintaining a tight grip on kids stuck at a. jungle schooling we learn how the pandemic is affecting a raghead town's being prepared for a life back in the wild. but 1st we had to it's had a lot of foam.

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