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tv   Business - News  Deutsche Welle  August 31, 2020 10:30am-10:46am CEST

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daddy. this is just under 5 feet and that's why i have nothing my job because i tied to do it exactly maybe add a thing. my name to and i want you. 2 next to the end of the world trade organization is stepping down and member countries are over his successor at the time of the group maybe needed more also more trouble for chick talk as china revise its policy for companies that can be sold. and 5 years after more than a 1000000 refugees came to germany we caught up with 2 serious has made the countries their home. stall trade talks prolong
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tensions between the world's 2 top economies and a devastating global economic slump the world trade organization already has a lot on its plate these days today the organization's director general roberto acevedo is stepping down 12 months before the regular end of his contract now finding a successor is the latest task for an already challenge body. african women are leading the race for the top w t o post and 00 conjugal weyler a former nigerian finance minister is one of the front runners. along with kenyan amino mohammed both are looking to make history twice i just this to me the w t o has never been led by a woman and never by an african. mexico series of c. arda is the only candidate from the americas crisis he has extensive experience as a trade negotiator for stopping the other candidates are egypt's hammett mom due
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south korea's human he moldova's tutor or you know if she britain's liam fox answered uribe years mohamad maziar to worry jury. whoever takes the hot seat will certainly have a big job on their hands the 1st item on the agenda will be saving the organization is crucial dispute resolution system it's been paralyzed ever since the u.s. blocked the appointment of new judges to its decision making course the bigger picture will be adapting to the changing face of global trade. the chinese u.s. trade conflict to shine a light on u.s. grievances over how the w.t. o. deals with china the u.s. as the organizations rules for dealing with economies like china are out of date a view shared by both the e.u. and japan. let's get more of those from our eliott seen he's a professor of economics at the constance university of applied sciences here in
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germany and an avid follower of the proceedings at the w t o welcome to g.w. no better us of a view announced his early departure in may more than 3 months ago now a member states couldn't even decide on an acting chief that's a pretty bad image isn't. it is actually and it's it's lost if you once a tip on the ice were that the w t o is able to solve the member states and able to solve urgent problems we have is now back in the position of the general secretary for the last 20 years the member states were able to start reforms in order to establish roots for the 21st century and all this you know people forget 95 percent of global trade is taking place under the rules of the w t o and we cannot stay without a w t o just an example to solve disputes we have
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a dispute absolute body this institution now is no longer able to work because it's blog. in times of a pun demick and the recession their politicians are tempted to close down tray these are really bad news i want to get to that dispute resolution process in a 2nd here but what are the main obstacles that countries are disagreeing on when trying to find a new had of the w t o. i mean the it's quite complex there are. the problem the main problem here is that the w t o has been over the last 25 years established rules with the idea of a competitive global environment and there are competing countries have a problem that you can solve with within the death of your child using judges the problem. has been that been changed china came into that on the issue of this in 2001 a country with a centralised non market economy participating in the w t
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o and of course china today is not only a developing country it's one it's the biggest x. border it's a manufacturer of the world and at the same time it's not a competitive economy now how can your soul disputes with an economy like within china with rules that are made for a competitive environment and america and not only the of the of the president donald trump but already the obama administration trying to address these within the ws you know but they were not able to convince other member countries to increase pressure on china to to introduce more competition and so forth so it's more about a competitive environment missing in china and less an issue within that up you know and america now tries to solve this problem bilaterally with the war and adults recently what sort of reforms does the new head need to push for them. well this is you know there's
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a strategic element for to put in your person i mentioned china we have a lot of candidates from emerging economies but china is also investing a lot in emerging economies so how can imagine economy representative independent and increased pressure for example for. 2 to 2 ports china to become more competitive so that the challenge will be to identify a company that i find a candidate who can balance the interests of the west and competitive economies in light of china and on the outside in the concerns university of applied sciences thank you for talking to us. thank you. the owner of the chinese optic talk says it will comply with beijing's new export rules which could complicate the sale of the business parent company by fans as just as the 2 weeks to find a buyer a deadline set by the trumpet ministration so far microsoft and wal-mart have shown
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interest beijing's new rules mean that state approval is needed to export certain digital services including that of to. chelsea the lady is our financial correspondent in frankfurt and we are going to her right now chelsea this is the 1st time in 12 years that china is revising this list that countries are on the need to abide by these certain rules what's behind that. well of course china isn't saying explicitly that this is a former fratelli ition for what the trumpet ministration has done but it clearly is these new rules will for one definitely a make it more difficult for dance as it seeks to sell the u.s. operations of tick-tock its its artificial intelligence in especially things like speech recognition content recommendation that's really what makes this company
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valuable and now. whoever buys that the u.s. operations of tick-tock would have to have approval from the chinese administration but this also of course this comes amid a very tense environment between the u.s. and china where we're seeing more and more a strict sions on technology between the tears so it's actually part of this new coal technology war between the 2 and shows the markers was an oracle are among the suitors for chicks or to talk business in the u.s. canada australia and new zealand how far along all these talks they were very far along so at least 3 different investors potential investors submitted bids by last friday they were supposed to actually begin final negotiations over the weekend but once this this new order came from china that's really thrown all of this into question it's really unclear now if china will allow the technology to be exported and if they don't whether these companies microsoft or cole would still be
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interested in a virus the deadline definitely is coming but there still is a lot of a lot of questions choky really mean from virgin group. via shuffled us we can do this those were german chancellor i'm going to words when the country was faced with the challenge of integrating over a 1000000 refugees that was 5 years ago and it has been a struggle for german society and its new members but it's one that for many paid off we caught up with 2 syrians we met shortly after their arrival. baby rosa dialogue and her father 4 years ago let's miss this meeting. and today it's the diode family from syria has been living in germany for 5 years they've integrated into german society even making friends with their one skeptical neighbors that it would have to at the beginning there were very reserved but that's all changed now
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. i have a few friends who speak arabic but i speak mostly german in school. but. their new home is the eastern german city of mac to burke that's where high style you landed his 1st job 4 years ago in a d.h.l. logistics center it was a great opportunity for him back then he says but today he's glad he's not there anymore. get enough there's no more night shifts. a year ago he started his own company. a quick turnaround auto repair shop he's called doctor out o. and the business is doing well if the bank gives him a loan his company can grow. its fears and i'm trying to open a 2nd doctor outof shop as we do faster pass a 10 minute tire change or 10 minutes to change the oil on the vital. in between
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times because one time colleague on our cell model from syria has been promoted in d.h.l. . consul you know and i think of him and you know that i think he's now in charge of a team of 14 staff to feel that they have money but it's better now to have a lot more responsibility and if i can show them that i have potential here i can move up the ladder. rank among voters are. 300 people work here one in 3 of them a refugee. on a somalia thinks about syria every day. i live i mean i my family still. i think that's why i can't stop thinking about any 100 year in what i felt then and now i know it's the same for the diode family old photos wake memories of the war and the friends scattered around the world but at least
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they're together in their children's new homeland. and that wraps up our program if you want more you can find more as usual on our website at d w dot com slash business or you simply check out our social media i'm chris coburn roland thanks for watching never sell for success. the for. the for.
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the years ago german chancellor angela merkel made a famous claim. when germany opened its orders to refugees. 5 years later we take an in-depth look at what happened. and the consequences that we're still facing. our topic on the television is. to know that 77 percent. are younger than 60 pot. that's me and me and you. and you know what it's time old boys.
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on the 77 percent to talk about the issue. this is where you cut. the 77 percent this weekend on d.w.i. . if you must have a son a man and his family fled the war in syria to germany along with hundreds of thousands of other refugees 2015 was a challenging is it him many but chancellor angela merkel was convinced the country would cut. we've managed so much we can do it that's many refugees have struggled to build a new life here. in 2015 we accompanied the sunday months on their long journey
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from syria to germany now we want to find out more about how they fare. it's just off to 6 am on the sunday monday has already begun. to sit. still needs to brush his teeth. and his wife getting their 4 children ready for taking and school. the says he's come to have a reading. 5 years ago the sunday months fled the syrian city of rock mustapha came to germany with their sons jude and daughter lemme see their youngest child sam was born. but even now most have a son a man.

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