up next it is business news with my colleague monica jones i'm sara kelly in berlin because so much for joining us here on new take care. more than a 1000 years ago you're a witness is a huge construction boom. christianity from establishing itself. both religious and secular leaders or to display their power.

to trace began. the tallest biggest and the most beautiful structures to his home massive churches of more creative. colleges to be drolls starts 12th on d. w. . u.s. president biden aims to calm fears about the global chip shortage in a meeting with major manufacturers he's promised to push for billions of dollars in funding for the u.s. semiconductor industry and how much time on investment is needed to decrease dependency on asian supply. meanwhile china. the latest data shows exports and imports are growing fast underlining the country's strong economic rebound from the contacting. and time to face reality the vast majority of

britons fisherfolk voted for bricks 6 now many are facing brewing as the e.u. applies to the country trading rules for the form of. hello and welcome to do business on one of the jones in berlin good to have you with us and it's time to tackle the global semiconductor shortage or as joe biden put it we need to build the infrastructure of today and not repair the one of yesterday the u.s. president has been meeting with industry leaders to discuss the global chip shortage that's hurting manufacturers and especially com ages general motors ford and many others have had to halt production at plants around the world because of a bottleneck in chip supplies following lock downs last year one industry group want to that almost $1300000.00 fewer cars would be built this year as a result of the semiconductor shortage a president biden is urging congress to back plans to invest $50000000000.00 in

chip manufacturing and research as part of his broader efforts to rebuild u.s. industry. or more are here to secure these wafer barriers broad it's all infrastructure is infrastructure. we lead the world in the middle of the 20th century we lead the world. we're going to lead the world. 21st century. of a more i'm joined by. executive director and asia pacific chief it i.h.s. markets will the u.s. lead the world in the 21st century at least when it comes to the production of semiconductor chips. what we've seen is that the us share of global semiconductors production has declined since $9092.00 from 37 percent

to around 12 percent today and what we're seeing is a rising dominance of south korea and taiwan in semiconductors manufacturing particularly in the very high and chips and so this is now creating supply chain disruptions this year with your out of 2021 so far we've seen ship shortages supply chain disruptions that are hitting many industries that are very heavily reliant on semiconductors spitzer hillary their orders so the u.s. is now recognizing the supply chain vulnerability and taking strategic option to increase its share of the global semiconductors industry but of course this will take time i think it is very much achiever both physically with such large investment under president biden's infrastructure plan but it will take some years

so that at the moment the world is facing a semiconductor shortage shouldn't we need i mean one now you say it takes time but you also say it's doable is it in the interests of the global economy for the waste to really catch up with ace and supply a so far it's been sort of nicely balanced asia was supplying semiconductors and the west was using it. well i think what we've seen is this increasing dominance of south korea and taiwan and in the asia pacific landscape both are amongst the most significant geopolitical hotspots in terms of potential future disruption even though probability may be low so i think given this steady decline that we've seen in the u.s. share of semiconductors manufacturing and that's been brought to light this year with these big shortages that are affecting global manufacturing and of course

structurally the world is becoming more and more dependent on semiconductors as electronics becomes more important in many different industries so i think it is driving the strategic recognition in the u.s. that they need to become less dependent on the international supply chain and particularly in areas such as defense technology and other areas of advanced technology to have more domestic production capacity and by the way of course the e.u. with its digital compass strategy is on exactly the same strategic path with the e.u. having said that they want to increase and conduct disruption in the e.u. from 10 percent of world production now to about 20 percent of world production by 2030 so these 2 economic giants in the west are both on the same chime that they need to ramp up semiconductors for them within their own region wretch of

business thank you so much executive director and asia pacific chief at i h s makis joining us in singapore thank you thank you. china's exports rose more than 30 percent over a year in march as global demand revived despite the persistent coronavirus pandemic face masks and other medical supplies as well as home electronics made in china when high demand in other countries imports jumped almost 40 percent analysts say it's a sign that consumption in china is picking up strongly and foreign companies profit from that trend china's trade surplus shrank to almost $14000000000.00 in march much narrower than analysts had predicted. from wanted to bring in. and taipei and it has he delayed in trying for a good morning and hello to both of you and i would like to start with you so

because. so china seems unstoppable but has his day in apple is its economic rebound monocle let's let look at the 2 numbers that imports rose 38 point one percent much higher than if the tensions it shows china's domestic demand is solid after recovery with its people working as normal as before but the consumption is not at a high enough level to drive growth and we look at that export number the rebound of overseas demand for chinese goods continued yes but the current strength of export growth is unsustainable when we see the resurgent calling of ours infections abroad and constraints in global trade overall speaking there are many positive factors because journal challenges have not diminished so china's foreign trade still has a long way to go to ensure steady growth all right and i mean it's interesting what you're saying that imports are higher than exports chelsea who are selling to china . really everyone is selling to china right now one of the big increases in that

and imports that we've seen in china is from semiconductors because there is so much demand for consumer electronics right now so taiwan and japan south korea the big semiconductor makers have been selling a lot to china but we've also seen a huge increase in exports from the u.s. to china they were up about 70 percent in march that's in part because china has to export more to or china has to import more from the u.s. as part of its trade deal with the previous trumpet ministration but also europe is benefiting enormously from this we've already heard this from a lot of european companies especially that they automakers here in germany that china is the major market right now work growth is really strong. and of course i mean with china continuing to grow a recent survey shows the china's g.d.p. growth rate is expected to average 8 in the hospice and dist yes that's definitely exceeding the 6 plus just. is that possible it'll.

monica everything is possible you know we see the manufacturing sector for the strengthens moment and of domestic demand led growth we talked about but there are still risks like corporate debt issues as long as progress investor nation also the confrontation with the us is also a risk factor if the situation intensifies but we all have to note that the biggest risk is another wave of the cooling of ours but demick which will lead to disruptions in production and hit consumption. and chelsea thank you so much for your time. u.k. exports plummeted 41 percent in the 1st the months of this year that's according to a new survey by the british chamber of commerce which is businesses surveyed citing the fallout from the coronavirus pandemic and breck's states as the biggest causes of problems in trade and while the pandemic will hopefully go away soon breaks it

is here to stay the tension the threatening the livelihood of those who originally supported it. even the sego seem distressed village of which the bill is all but dead for james green this time of year is normally high season harvest time is an oyster fisherman the only can do right now is keep an eye on things. these were bred for the e.u. market. has not sold a single one since the 1st of january brags that day with these bags if you go all of this area of the phone is now market so i was always referred to double the bags up here to make space for them so this is where there is probably 100120 tons of market size sources ready for the continental market really i'm not entirely sure what to do with it you know there are where can i sell 120 tons of voices in the u.k. that just is not the market. place this is going. it's not

a mere teething problem or short term disruption the e.u. has banned the import of green zone easters it's a standard hygiene regulation applied to all 3rd country only on e.u. traders and that's what the u.k. is now it's a stunning blow to which the bill which voted to leave the e.u. hardly any britons are eating lobster oysters right now the pandemic has closed the country's restaurants including james as. he says at least will be an end to that but the use import ban has permanently wiped out 50 percent of his business overnight without the slightest warning. that wasn't foreseeable from our point of view and the reason why it wasn't foreseeable from our point of view it was because to her were constantly reassuring the industry that that tripe would continue after pricks in london is acting innocent blames the e.u. for the disaster not anyone in power here. but the

e.u. had said originally that straight could continue their own laws provide for it to continue and actually refer to a significant it would enable it to continue where they have had a change of policy change and although there's no legal impediment to this trade the european union told us a couple of weeks ago they were going to allow it to continue that's a downright lie if you believe the e.u. . let's be clear there are bigger issues bunning import all these shellfish into the european union was already on the table or for. which he's to blame bricks it's a deal is to fishers are among the big losers of bragg's it a bitter reality they are just waking up to in with stifel. and the banks and saga will go on no doubt that is your business update here on d w

a quick reminder perhaps of the headline semiconductor chips there's a huge shortage around the well to us we'll tackle it. by our side when life comes to an. owner has drastically changed death rituals. how are people coping with it. is it possible to die with dignity while practicing social distancing. we take a look at the corner virus and its victims close up. next on d w. w

r. what people have to say 1st to us. that's why we listen to stories reporter every weekend on d w. y and i wasn't there when she died and she was probably all alone in a dark hospital room and then her life was suddenly over. to september i'll go by and i was crying because i was thinking where is the humanity where's the dignity in this person this patient into this bag.