tv Business - News Deutsche Welle April 16, 2021 8:15am-8:30am CEST
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but disposable surgical mask even made its way into the winning photo in the nature category. all right coming up next china's economy picks up significantly 1st quarter figures show big growth why and is it sustainable monica jones has the details coming up next on t.v. business thank you. for. important new. smoking news for healthy posters tards are good for the being answered global warming doesn't exist. well not yet completely you upgraded my mind. controlling your thoughts
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tends to link to the rail science it's not easy to spot. the great books of the 20th century. present day hoaxes. and who's behind the. manufacturer new immigrants stuart's may 3rd on d. w. . 18.3 percent that's china's g.d.p. growth in the 1st quarter and it marks the biggest jump since china began its course of evaluation some 30 years ago we get some analysis from our correspondents also coming up the japanese fishermen are frustrated by joe his position to release treated water from the fukushima nuclear power plant into the sea they fear it will scare away the bias of the government says the water is safe. and university
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students in brazil are struggling to make ends meet amid the pandemic instead of getting a degree and many are for. to do menial work in a study in ruins. welcome to do business on one of the johns in brooklyn good to have you with us so china's economy grew at a record 18.3 percent in the 1st quarter of 2021 that compared to the same quarter last year and that is according to the country's national bureau of statistics is the biggest jump in g.d.p. since china started keeping quarterly records in 1992 the figure however is heavily screwed as the surge in growth comes off a contraction in the 1st quarter of last year when the economy shrank commend asli during the height of the great that analysts say the g.d.p. growth nevertheless suggests that china continues to gain economic momentum. so let's see what the markets are making over it and let's cross over now to
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chelsea delaney the stunning barbaras of the front of stock exchange shelves see 18.3 percent now regardless of the fact that the economy really sure i'm glad that is a very very impressive. china seems to leave everyone else behind yeah it really is at this point and china isn't going to keep up 18 percent growth in every quarter this year but even so it's expected to still see its economy grow by about 8.4 percent that would really be one of the best growth rates in the world for 2021 so china is recovering much quicker than most of the rest of the world in part because they've really controlled the virus to me and they've been able to reopen much quicker but this also is benefiting the rest of the world we've heard from a lot of companies here in europe as they report their earnings for the 1st 3 months of the year that china is their best market right now and that so this is is starting to help the strength of the chinese economy is helping a lot of
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a lot of european companies and other economies in the world and i chose to do an infra puts thank you so much. china's economic importance certainly is accelerating at the same time it's become more and more focused on building its domestic markets both in consumption and innovation last year china filed nearly $69000.00 peyton's with the world intellectual intellectual property organization that's a rise of 16 percent the united states had just about 59000 applications that's up 3 percent while in germany the number of applications actually fell 3.7 percent to just over 18000 $600.00 as the chinese economy expands industries like germany's auto sector are becoming increasingly dependent on china 41 percent of folks arms sales volume all the sales volume there comes from china china makes up about a 3rd of b.m.w.'s overall sales and dimed us else 29 percent of its vehicles in
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china the u.s. however remains germany's biggest trading partner last year germany sold 104000000000 euros worth of goods and services that is a 12 and a half percent decline on 29000 largely because of the pandemic but china is not far behind here germany exported goods with nearly 96000000000 euros to china last year while this unchanged from before the pandemic now that was a lot of facts and figures and we need certainly somebody to put all of that for us into perspective and i'm doing a big round here obviously due to the pandemic restrictions but we're both tested clifford coonan here is in the studio with me and clifford 1st of all. well we just heard i mean china is increasingly looking into building its domestic market is the good old bad news for foreign companies well in some ways it does offer opportunities for foreign companies as we've seen with the with the trade days are
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there that it's there or it's becoming a great export market it's long been a great export market for say germany and other european economies and that's going to continue particular where there's no growth anywhere else so i think for in the short term definitely we're going to see a very strong focus on china as a place that will provide these opportunities i give you a bit but. you focus on the shore to well i think think medium term there are other issues of play because you know there's issues of technology transfer and there's still the level playing fields argument the european companies are making they don't really feel that they're getting a fair shake of the stick in the way that the chinese companies are they have a lot of extra. subsidies and the german companies european companies feel that they're not getting the same access to things like infrastructure projects all these kind of things the chinese companies are able to do in a reciprocal way so i think that will be the book that people are still looking for
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for grazer or for say there was a better access to china and for a long time it was always this big issue about intellectual property when doing business with china now china is basically outpacing everybody else when it comes to fighting you peyton's what's that mean well this is very interesting i mean i think china is definitely pushing innovation it's the one thing where it's it's falling short and we've seen with the trade war that with the microchips for example that once america says that you can't have our microchips suddenly china isn't isn't isn't a bad place so they're looking to try and make up that kind of shortfall and to try and advance in other areas as well so i think with the with the with the german companies particularly they're looking for to sort of cooperation innovation as well but that also means technology transfer so it's going to be interesting few years coming over for a political union as always thank you so much for joining me the studio. was the food is very popular in japan but is it safe to eat quart of fish caught
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off the coast of fukushima as a big question fishermen there are asking they're frustrated by the government's decision to release treated water from the city's destroyed nuclear power plant into the sea well than a 1000000 tons of it 2021 was supposed to be the come back here from us out and his wife. in march they were allowed to go back to full scale fishing again after years of small scale trial fishing with lots of radioactive safety checks but no their dreams have been shattered. to get there but in a way i think in the end there's only the sea where the treated water can be released but as a fisherman if they do that even if they see the fish will be fine the thing i'm most afraid of is the damage in rumors that may be caused. and they are pretty awful. 10 years ago when the tsunami hit the nuclear power plant water was used to
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cool the destroyed reactors the water has been collected in tanks and treated to remove more than 60 different types of radioactive material from it but one element remains try t.m. it's generally considered to be harmless but when ingested it can raise cancer risks. the author of the government has said releasing the treated water is scientifically safe the only thing we can do is to trust them and do business with those who will do business with was. the ricky. gervais of apostle for particular theater still fish shop manager tucker he said avi is not convinced. hold all the government stresses that water containing try team is routinely released from nuclear plants around the world. so it's got that article in the case where we have increased figures of radioactivity levels in fish we will no longer be able to handle them if we can't handle fish here our business will be unsustainable and
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a bit difficult we're concerned that we may have to close our business. or. the power plants owner tepco is trying to calm the situation the company said fishing communities and others suffering harm from the water release will be financially compensated. and now to some of the other global business stories making news an australian court has found google guilty of breaking the law over its collection of personal use the data the judge found the take for misled android users about the way the location data was being gathered australia's consumer watchdog regulator is seeking financial compensation. amazon needs to do a better job for its employees says its founder jeff bezos in his final letter to investors the company has often been criticized for harsh working conditions last week the retailer fought off an attempt by a warehouse workers in alabama to unionize. the
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coronavirus pandemic is raging unchecked in brazil for many students this means the end of their dreams of getting a higher degree and to making something of themselves instead of going to university they're now forced to do menial work for little pay just to get by. maria several sets off on her bike for a long day on the saddle the 29 year old will probably write 80 kilometers today as she does every day crisscrossing rio de janeiro to deliver food. that. i can't do anything else now because of this job i get up early and from that moment on i have to be completely at the beck and call of this app if not i automatically stop receiving orders paoli. murray has been carrying this orange bag for a year since the pandemic 1st hit she used to study history on
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a scholarship but that ran out during the coronavirus crisis now she earns money by fighting her way through rio's traffic chaos each day a risky undertaking. to begin with she tried to combine her studies with the job. in the beginning i often delivered food while listening to lectures on my headphones and biking at the same time but i couldn't concentrate on either the lecture or what was happening on the road. without this job maria wouldn't have enough money to survive during the pandemic she gets the equivalent of $0.40 per delivery and rarely receives tips many of brazilians are in a similar situation. i spend nearly 24 hours a day delivering food on these dangerous streets how am i supposed to study on the
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side. thank you because when you believe that. maria's also had to give up her apartment for the time being she's staying with the family of a friend for free she's very worried she may soon end up on the street one reason she suffered from depression for the past year. when my scholarship ran out i didn't know what to do in the middle of the pandemic the only way out seemed to be delivering food. but i recently broke 3 ribs in an accident and i couldn't work for a whole month. maria comes from brazil's impoverished northeast and wants to be the 1st woman in her family to go to college instead she's working hard for a miserable pay she no longer dreams of finishing a degree. because my dream of going to university was stolen by the pandemic.
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i feel like a loser because i'm not able to finish my degree. in vietnam is that. i'm maria sees no hope as long as the coronavirus rages on through brazil. and that's it for me and the business team here in berlin for boy girl we go to our website that's to dot com slash business for you follow us on social media facebook and twitter thanks for watching see you soon. after. the story of 2 sisters who were never actually new siblings. the story of 2 women in search of their origin. the story of an adoption scandal that rocked the netherlands. the focus on europe. d.w.
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