the cool but it's just me, moon the, the, china's rapid recovery takes stumble to countries, economic growth continues, but the figures show the bounce back is losing steam. also coming up, local, abide, and finally meets one on one. there's plenty on the agenda, including the controversial nod stream pipelines, the can they make any progress with just 2 months until germany's election and raving rios roads is a dangerous job for delivery riders will see how they're pushing back against low pay and poor condition use undone

winter in berlin, welcome to d w. a business. china has reported growth just on the 8 percent for the 2nd quarter compared to last year. that's less than half the rate. it grew in the 1st quarter and below economists for costs. when you factory is slowing and consumer demand not picking up as quickly as expected. and dw clifford coon and reported from china for many years and joins us now. clever, thank you very much for coming in to kind of solve this puzzle for us. so g d is d, d p is up, but not as much as expected. so what's going on here? what's behind the figures? well, this is very much a puzzle. i think one thing we're learning from the pandemic is that it makes forecasting incredibly difficult. a part of the problem is that we're comparing to last year. but last year was so crazy because we were in the initial throws of the pandemic. so year on year the, the figures don't really seem to, to add up a lot of the time. what we are seeing though is that, that the economy is slowing down,

that the rebound that we saw earlier is stabilizing, i think, rather than a dramatic decline. i think we're just seeing things that it's losing steam. yeah, we're not talking about a huge disaster into that. no, but it's just, we had expected china to kind of keep picking up steam as it recovers, so it manage to recover fairly quickly from the virus. so we'd expect it to be, you know, going all guns blazing into the future. why is not happening at the moment? well, i think part of it is that china is part of the global economy. and even though the domestic economy is doing quite well, we seen some slow down, but we did see that retail sales, which are very important increased in june at the same time, the very reliant on on commodities from overseas. so iron or for example, which is very important and in steel production and helping to build those prices are getting very, very expensive, which means factory prices, factory inflation, is that a tie from the decades? and also, i think, sentiment is, it is a very important factor when it comes to the uncertainty that the pandemic has

created. there was a very interesting survey this week from h. s. market which showed that about a quarter of chinese companies think that they're going to see a growth increase in business. i. puss, which is a lot lower than the global average of 38 percent. so seems that there's some quite negative sentiment there too. okay. and so is the government going to have to inject some money into the economy some stimulus in order to just get it over the line? because i know that china's premier was dead against that, saying that they don't want a flood of stimulus, i think is how he described it. so what are the chances that that's right, glucose young said he was, you want to just stop us and he was trying to dump expectations that, that the government is just going to simply intervene every time things don't go according to the 5 year plan. the only thing is our experience shows that the government does tend to intervene when things don't go according to the 5 year plan . because the economy is all about stability and stuff central to the whole communist party eat off in china. so i don't think people are putting too much

store by what he says, obviously, you know, they, they think that in the short term he probably won't. but we've seen things like them low in the reserve requirements, the amount of money that the banks are supposed to have to keep on there because they want to help companies to grow. we've seen little fines that perhaps there could be more money coming from the more fiscal stimulus coming from the government side. so i think while people take what he said seriously, i think they're still waiting to see how things develop in the middle medium term. ok. so it's just a stumble, of course, and you know, but important that we look at it as trying to such an important economy. thank you very much with it could and for explaining that to us yet and anglo merkel is meeting joe biden today for his, for that 1st bilateral meeting during his administration. she may only have about 2 months left on the job, but this won't be a farewell dinner. there's plenty of unfinished business between the 2 countries.

it's her 1st and last official visit to the us under president joe biden. august merkel knows biden from his time as the vice president when he visited berlin. positions are clear and the talks between the 2 will likely get straight down to the core issues. topping the agenda, nordstrom to president biden, still sees the german russian gas pipeline as a bad deal, and also a danger for european energy security. germany disagrees for weeks. berlin and washington have been trying without success to find a solution acceptable to both sides. on his visit, a few weeks ago, us secretary of state antony blinking warrant yet again about the pipelines potential to threaten ukraine. aside from the impasse surrounding the baltic sea, nordstrom to, there's also is still no final agreement on unit of steel tariffs and there are differing approaches for china as well. after for difficult years with biden's

predecessor donald trump merkel washington trip is being touted as a reboot to german american friendship. and american farms are watching closely as the e. you laid out its plans for a great deal on wednesday. the major climate plan touches on all aspects of european business and trade, including and import duty on carbon intensive products and new emissions standards . i asked simone, a memo from the american chamber of commerce in germany. what us businesses, me just the new measures. i think all our member companies say there has to be something done and there will be a transformation and we cannot deny it. climate if it's the threat nowadays, we just had terrible accidents here in germany and because with heavy rain, so we have to do something. so i think it's a good start to start with a package like that you dance and job by and had a climate summit already. so there is the need and the knowledge of that need. and

now we look for tools and i think it will be what will be the carbon prize? will it, can it be a kind of cloth which would be ideal because you and to us together, really strong to solve this global problem. and others may join. so diet with suggestions, start with tools with this tool to find them the best solution for all. let's get the reaction from europe to the new climate rules. who else but conrad booth and is tracking that for us from frank. but conrad, it seems that com makers are especially split on the green deal. yes. then very diverse statements coming from the german car industry. much of a critical, as you can imagine, be in w, c, e o, all of it fits rights and i quote this, the european union should focus on innovation rather than mandating or effectively banding a specific technology. marcus schafer,

who's the development chief at dime that writes the plans, are, quote, very, very ambitious, not unrealistic, but it will require a major restructuring of society and of quote, however, folks are europe's largest. com maker. well, come the u commissions package. maybe it's important to note here that folks are only recently announced that it wants to invest up to 35000000000 euros into new electric vehicles. that's probably why folks walk has a bit of a different view than its competitors on the end of the combustion engine. okay, well times they are a changin, especially for company because thank you very much. conrad those and trucks that forth in franklin. now a quick look at some other business stories making headlines. china is expected to launch its national carbon emissions trading scheme this month with a launch ceremony on friday is successful, china would become the largest carbon market in the world by volume. the trading

platform has been set up on the shanghai environment and energy exchange in this part of the chinese plan to bring emissions to net 0 by 20. 60 india has blocked mastercard from issuing new debit credit or prepaid cards beginning next week. citing concerns of data storage regulators rules. mastercard was non compliant with 2018 rules, requiring payment status to be kept on local service, which provide india storage has full access. american express and dinos club were hit with similar restrictions in april. food delivery has become an alternative source of income in many places, as the pandemic eliminates jobs in rio de janeiro that's caused serious problems for the usual writers who would never well off to begin with. now they're pushing back against low pe and poor working conditions using rio de janeiro renown city theater is a backdrop, so delivery writers stage of protest strike. during the pandemic,

they're working conditions have become dire. i'm in the mood. you told me the virus crisis caused unemployment to rise. so more people turn to delivering food, follow their star. that means that everyone's earnings took a hit on all of us now have to work longer and the increased competition causes arguments are managing nobody myself braving the roads of rio is also a dangerous job. and many of the writers complain that the algorithm, the delivery abuses means they have to be permanently on line always mobile and always available to connected us not. we don't have contracts and get no support. i had an accident recently. my bike was nothing but scrap afterwards. because a driver ignore the red light that i could have been killed if you will. you still ran and resident is that right? as spokes person today,

he's addressing the city legislature. he explains to the members what the ride is working conditions alike. and that they want more rights as things stand now, they feel like outcast in their home city. nothing. you don't know. it's not acceptable that we hardly got anywhere to even go to the toilet. we're only allowed to do it in a very few buildings. on it, i mean i just keep putting it off. mostly i have to pay my mobile phone charges. i have to work 12 hour shifts at the moment. the city is debating a low aimed at improving the ride as rights when. okay, hold on. what are the providers are always talking about self employed entrepreneurs with their employees who work 12 days for one and the same company. they need help like toilet access and internet flat rates when the strike is meant

to be an opening shot in the struggle for decent working conditions. whatever them on this job like modern slavery as far as unconcerned, i can barely get by your own. you have a one step away from landing on the street and making sure you don't go hungry calling in regard to follow up on the ride as they're already planning the next stage of that campaign. and finally, it's your chance to ride like the king of cool himself, late american actors. steve mcqueen, his portia, $917.00 k, will be auctioned off by sotheby's in new york next month. it was featured and has $971.00 film. the mom a fictionalized story about the 24 hour long french sports called rates. the car is expected to sell for at least $16000000.00, which would easily make it the most expensive porsha ever to sell an auction. and now a reminder of the top story, this our trying to report the growth of 7.9 percent in the 2nd quarter of 2021

compared to last year. that's less than half the rate. it grew the 1st quarter and below economist full costs. manufacturing is slowing and consumer demands not picking up as quickly as expected. and that's all from me and the business team here in berlin. thank you very much for watching the the fight against the corona virus pandemic. how has the rate of infection in developing? what does the latest research thing, information and context? the corona virus told us 19 special next on d w. interest in the global economy. our portfolio w business beyond. here is

a closer look at the project. our mission. to analyze the fight for market dominance versus west deb, ahead with the business beyond on you to me the german study has found more than 40 percent of people. in fact, it was covered. don't even know that the rate is even higher among elderly people and long covered symptoms of the chronic form of the virus may also go and identified that could include organ damage. testing could be more important than ever. welcome to the show, one, been physical and 1st up let's talk to the author of that report to discuss the

consequences of not knowing you've got covered philip. this was the principal investigator in the back covered 900 study. how you determine that over 40 percent of germans don't realize they have covered yes, good afternoon. actually, we have thrown a population based sample from the local registry offices. and we asked study participants whether they had a former proven infection at 2 time on 4 months, apart from each other, we asked the participant, we to provide a p, c, r test, which we did in them. and importantly, we measured antibodies and these antibodies are able to indicate what you had a former infection independently, whether you were vaccinated or not. and you looked at over $10000.00 participants over half a year. is that something that you could mirror elsewhere in the world? well, i would take a note of caution there. the frequency of unknown infections depends very much on

the rate of testing. and in germany we have across germany quite comparable regulations. so they are, i think we can translate these to other regions. however, with translating that to other countries, we have to account for the frequency of testing which has an impact on the number of on impact that infections no matter the number, the what, what are the consequences of not knowing that you felt cove, it will actually if you showed that we learned that interestingly, in the li, especially, there are more unknown infections at about 2 thirds of people, $6075.00, and plus. whereas in, there's 25 to 30, for example. it's only a 3rd what this means in relative values a little bit. the incidences, although of course all the severe cases and these persons may not should not be

forgotten. and it will help us to recalculate the risk for persons and in certain conditions. not only the risk for people who actually have it, but what about the people around them as well? well, exactly. so what the problem is, the spreading m m can be very well assessed if you do the testing. and what we learn is that what we currently do is still not enough to recognize all infections . and if you want to have an early warning system and recognize a new virus, the very end, for example, then we need a good testing strategy to detect, unravel all of these, these unknown infections. so philip is a time to get self tests out there to make sure that everyone is not only working out whether or not they're infectious, but whether or not they've had the covert buyers. yes,

so it certainly i think currently it is a good idea to test better, especially in the time where we are driving back preventive measures. we are having major public events again like the, the soccer championship right now. in these cases, we need to have these early warning system and still also back to the area people should get attacked and because they still can transmit an infection to not vaccinated individuals. and the other thing is regarding whether you had code with there, we learned that we still have to see what are the right anti bodies to measure. because the majority of people do not have all antibodies positive but a certain one. and we have to learn in which person as they have to measure which antibody before we can go for screening for long. cobit and how many of these unknown cases could actually be long covert yeah, that's

a matter of debate. we are currently still investigating this in our study and it takes a little bit time because of the condition of long cobra means 6 month after the acute infection. and what we currently know is only for the known cases that at about 10 percent off, or to develop long coat with them. again, 10 percent of these 10, which is one of all known infections developers to be along with syndrome. and what we have to investigate and learn now, how many people off the a, some medic and infections can get the secret. and could there be a concern for younger people that they could have covered? they may not know, and they organs may be damaged, which, which may come out years later. indeed, that's what we fear. and that's what we learned about is there a molecule signatures, something that you can measure and plot which indicates that you are on the way of developing a long covert sooner and not having symptoms,

but that in the future you could develop a symptomatic disease which limits your life quality or also in the length of your life. but this is still a matter of research. everything we're doing there is still speculators. and we have to gather more data to be sure about how to tackle these, how to identify that. but what we have to fear is yes, that it is possible even in a symptomatic infections or mild infections, that few people are at risk of developing a long code. it couldn't that public 19 studies, philip? i taffy on saturday. thank you. a long cove itself or is a calling on health care providers, employers and politicians to take their predicament seriously. for many work is out of the question, day to day activities are also a major challenge. your highness either has made her

oxygen devised evelyn, written with a i ah, the 25 year old suffers from long covered and was born with a heart the fact. months after initial couple 19 infection, she needs oxygen therapy. even when only doing small shows like vacuum cleaning, without the device, she often has difficulties breathing. the bone when someone most for a moment was one time when i was taking a shower. the steam may be even thinner. i started crying because i couldn't breathe anymore. i'm more or less fell out of the shell. i was trying to breeze, but nothing was coming in. according to initial studies about 10 percent of covert 19 patients have similar symptoms. you hanna used facebook to get in contact with some of them. they often suffer from constant extortion and lack of concentration. months after then the shall infection in your hands case the symptoms are so severe

that the 25 year old expects never to be able to work as a text assistant again. to sort of minimum, i suspect that will come down to a disability pension for the full partial. i don't know yet. i would still like to watch. right now, i'm not able to and happy if i managed to get out of bad for 4 to 6 hours depending on the day. but mostly i lie in bed and that takes provision better and pick it up for you. and as i also suffers mentally from her illness, she talks to psychologist every week. he has already helped several long covert patients. when we, when we now have a new group of chronically ill people in our society that will have an impact on all kinds of levels. however, it will be noticeable on the labor market. it's crucial that these people are not

left behind in terms of their participation, and also financially leaving unbound. johan, as i hoped that her application for a disability pension will soon be approved and that she will be met with more understanding when it comes to long covet. closer my biggest wishes that people start taking it seriously that they don't dismiss it and say she's just being silly . she just has to get out of bed and get a grip. and my 2nd wish is that politicians and researchers also take it seriously . and that further research is supported on the cobra you. in a few weeks, she should know whether she will receive a disability pension that would resolve one of many uncertainties that long covered has brought to her life. now you'll turn to ask the questions. here's our science guy, derek williams. call you viruses, a few piece syndrome like covered over the last year and

a half. we've learned a lot about the chronic condition that affects up to 30 percent of people. in fact, it would cover 19 for weeks or months after they supposedly recovered. but there's a whole lot more that we still don't know about what's causing the wide range long coded symptoms which often include crippling fatigue. and what sufferers call brain fog. although some common symptoms of long covert are pretty specific to an infection with stars covey to, for example, a loss of the sense of smell. researchers and doctors say there's also quite a bit of overlap with many chronic symptoms that can sometimes be triggered by other packages. among them viruses that cause the flu monitor, nuclear osis, and herpes. many of the long term symptoms reported by long coded sufferers are

also common in people diagnosed with what's known as my allergic and several of my a light s or, or chronic fatigue syndrome. when its origins can be traced back to a viral infection. the condition is often called a post viral fatigue syndrome because its symptoms are so wide ranging and physiological reasons for those symptoms. so difficult to pin down. many people who suffer from post viral fatigue, say they have often been told by doctors that it's basically all in their heads, with millions of people worldwide now reporting long coded symptoms. the good news is that governments are beginning to throw quite a few resources at basic research in the field of post viral fatigue. and that basic research will very likely have positive knock on benefits for people who

suffer from similar conditions that have been linked to other pathogens. me, thanks for watching. stay safe and see you again say ah, the the the, the the the the

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this is the w news lies from severe storms calls catastrophe across parts of germany. at least 20 people have died. thousands on missing and homes have collapsed. heavy flooding lives, the cost of the country on the walls. also coming out of justice on the streets of south africa, the government calls for calm as vigilant groups defense businesses and punish looters. the army says it's sending thousands more soldiers to spend the week of lower.