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tv   Business - News  Deutsche Welle  March 5, 2021 7:15am-7:31am CET

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it's part of something called the x. project there was no real problem with social distancing as most of them were massed up anyway the extreme sport includes snow windsurfing speed riding snowboarding of course adams no kiting. and that that now you're up to date on debbie a news i'm sarah kelly in berlin the q so much for watching take care and 6 things . i'm secure in the volume or that's hard and in the end it's a me your not a lot of the year and more who was into that. are you familiar with this. with the smugglers with miles of the what's your story ready ready.
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i mean when i was a women especially in victims of violence in. part and send us your story we are trying all with to understand this new culture. another visitor nothing yet you want to become a citizen. in for migrants your platform for reliable information. a return to strong growth in the near term a big focus on tech investment in the long term china sets a course for its post pandemic a cartwheel the 1st day of the annual people's congress will look at some business plans for 2021 and the years ahead. also on the show the e.u. is expected to charge apple with a. antitrust violations sharpening the discord between brussels and american tech
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giants. and the portuguese medical system still hasn't recovered from the country's budget slashing past lessons learning in the middle of the pandemic. a welcome to the show i'm seeing there's the end berlin it's good to have you with us growth of 6 percent that's beijing's target for 2021 which it announced friday during the 1st session of its annual parliament meeting the national people's congress and some analysts believe that target is actually too low given china's production capacity and its strong response to the pandemic now china was the only major economy to see economic growth last year and the parliament is a rubber stamp of decisions made by the communist party leadership under head of state paying. the people's congress is doing more than setting current your targets it's also confirming the country's economic course for the coming years and what we know well tech will continue to play
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a big part in china's strategy with investment of over $1.00 trillion dollars in 5 g. plan by 2025 now by that year the country's per capita income is expected to be double what it was in 2015 back then it was equivalent to around $8000.00 it's been rising ever since and could be over $16000.00 by the middle of the decade a whopping change when you think about it that china is also hoping to produce more goods to satisfy its growing domestic market we'll talk more about that later and that could have consequences for firms in places like germany that do a lot of business with china we're talking about firms such as tech company. the w. and infinium as you see a lot of their turnover abroad coming from china now for more on this let's go to our correspondent in taipei aids on han so good morning. you've been watching this people's congress the 1st day today i believe there's the 2nd day tomorrow one of the things that we're always interested in here is watching how the regime there
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responds to a lot of the criticisms over its actions in places like sheen john and hong kong are there any fears in china that those actions could have negative ramifications for its economic partnerships with say the e.u. and china and the u.s. rather. first of all the e.u. leaders didn't seem to have any problem when discussing the investment plan with china not a loan ago and for the us new cover government we haven't seen concrete measures for it to counter beijing's controversial policies but back to your question yes there are some concerns but if you look at xi jinping this really doesn't give him any pressure in china he runs the party he is the very very powerful figure that no one has seen since the mout era all the party public and attributed to him and the way ever he goes you can only hear lindis thunderous applause and this like whole
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achievements and all good things old essentially related to him even though there are problems related to him like what you said but he doesn't seem to be bothered ok labeled with that though that we mentioned the importance being placed on the domestic economy there the domestic consumption can the chinese consumer live up to those expectations well. it's really it's really hard to say a bit because if you look at the recovery plan right now mostly it's the industrial sector than from the industrial on the investment and the capacity built up but if we look at consumption is still very very weak so if we look at consumers consumption only cousin traded in big cities but if we get out of the big cities look at this most cities and rural region the unemployment rate is still very high and the consumption is still contracted so there has to be more measures to give
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subsidized these consumers and to create more jobs right a lot going to depend on rising raising that per capita income we talk about those on hand there in taipei as always thank you. all right let's shift from china to the oil markets it's been a year of patience for oil producing nations and the pandemic forcing them to make dramatic production cuts to 2 flat in demand and plummeting prices that hit their budgets hard now oil prices are finally back to prepare demick levels so is it time to ramp up and make up for lost ground not so fast. the opec countries led by saudi arabia wanted to keep the current production bottleneck that put them at all odds with a bloc led by russia that was pushing hard to reopen the taps in the end they agreed to leave most of the existing production cuts in place until the end of april it would again question and begins
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we have mitigated that of the lusty waves of the endemic. we do not stress caution to do when you are in danger at all right chief meant about our cheapness over the past. only opec allies russia and kazakhstan were allowed to make small increases in daily production russia's energy minister alexander novak was more optimistic about the global outlook than his saudi counterpart mr market is not can't fully recovered but we're now in a much better shape and state of the market than we were just a few months ago. but he stressed that it was difficult to know how the coronavirus might spread and that the long term economic consequences were difficult to calculate the decision not to boost output soar crude oil prices rise rapidly.
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or the european commission is likely to bring antitrust charges against apple that's according to sources quoted by reuters and several other media outlets brussels is set to target apple's payment system its e-book service and in particular the company's treatment of music streaming service spotify and its app store potential charges add to a growing backlash against the fees that apple as well as competitor google charge outside developers for using their app stores charges could come as early as this month. let's bring in a french or spawn it in frankfurt chelsea to lady good morning chelsea so what exactly does the eve believe that apple's doing wrong here. well the e.u. has been looking into whether apple is hurting its competitors whether it's hurting customers because of its dominance in this area so if you're a developer and you want to have your in the apple app store if you want to reach these 1000000000 people who have i phones then you have to agree to
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a lot of conditions that apple sets one of those is that you have to give out all 30 percent of the subscription revenue you earn from your op and other is that you're not allowed to advertise that there are cheaper options out there so if you want a spotify subscription you could potentially get it cheaper just by going to spotify his website so what the apple. is looking into is whether this is hurting customers whether these costs are getting passed on to customers and whether it's hurting other businesses as well josie any idea how big a threat this could be to apple. it could potentially be a big threat to apple of course the e.u. is likely going to consider fine we've seen the e.u. bring down billions of euros worth of fines for example against google in some of these antitrust cases they're likely also are going to consider forcing apple to
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change the way it does business maybe they would make apple allow for for its developers to charge people outside of their payment system this is something they've considered with with google as well but this is a major business for apple they were expected to earn about $64000000000.00 through the top story last year so it is a major source of revenue for them. delayed in frankfurt thank you. to some of the other global business stories making headlines. united states has announced it will temporarily suspend tariffs that were levied on british goods as part of a trade dispute involving air bus it's hoped the move will give negotiators time to resolve the conflict the u.s. accuses either members of using subsidies to give air bus an unfair advantage over american rival boeing. swiss pharma giant novartis is teaming up with german biotech firm curve act to produce its covert 1000 vaccine of artist plans to mount
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manufacture up to 50000000 doses of the m r n a base shot by the end of the year an additional $200000000.00 will follow next year. let's go over to portugal a country that in recent years has decidedly moved away from the budget slashing of the past and those are lean years that followed a recession and so intense pressure from the e.u. on all things budget austerity was the key word the times may be different now but the legacy of those cuts is still with portugal. an intensive care unit in port au central hospital doctors and nurses are fighting to save some 119 patients lives here it's clear the clinic needs more than just a fresh coat of paint but thanks to successful improvised nation the stuff are still in control of the pandemic. so no staff shortages. of course who are exhausted because it's a strenuous situation this but he did. manage to respond adequately to the
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challenges. that. in lisbon things are worse some patients even need to transferring to hospitals elsewhere like us tello branco. here banners tell a story of serious problems with staff there are calling for fair pay. that. sums up the professionals we don't worry about money or careers it's about the patients but also about conditions you give everything you've got for an undignified pittance we look at neighboring countries and see where the worst paid despite the better training. is one reason for that is that after the global financial crisis portugal was forced to adopt strict austerity measures besides cutting investments jobs were axed and wages slashed in recent years a lot of people saw no alternative but to emigrate. researcher tiago career has
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uncovered another long term effect of the e.u. troika austerity package the portuguese live long lives but not necessarily good ones especially the poorest. so much will not have an economically weaker population less access to social security. which is therefore more vulnerable to illness is an open goal for covert 19. feet urgently needed work is now underway on hospitals in places like lisbon porto and cast. it began even before the pandemic struck after 12 year old plans for it were resurrected. yet there's still no hint of better working conditions or fresh hiring in portugal's kovan ravaged public health system. and here's a reminder of our top story this hour. china's targeting 6 percent growth this year
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figure it announced friday during the 1st session of its annual national people's congress the goal comes as china continues its much faster than expected pandemic coverage it's the only major economy to see economic growth in 2020. and that's it for me and the future of the business team here in the lead as always you can find out more about these and other business stories our website w dot com slash business check us out on social media to emcee variance of swatches . trafficking and brute force in the netherlands 16 drug dealers are now on trial in is the largest criminal case. and involves the kind of violence that the netherlands has never seen. at the heart of the issue lies one question who truly
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controls the country. some describe. next on d.w. . what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. p.w. world heritage 360 to get kidnapped now. a low end welcome to focus on europe with me liz show glad to have your company is it a recently german authorities seized the largest haul of cocaine ever found in the country.

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