chaise facing an economic backlash over the crisis in ukraine. western allies have been imposing sanctions after president putin ordered troops into the countries east. u. s. president joe biden unveiled sanctions targeting rushes, sovereign debt aimed at cutting must go off from western financing. the u. s. is also sanctioning 3 members of president putin's in a circle and their family members. and it's, but the white house as it has tougher sanctions in store if needed me. well, let's look at the e u, which has agreed to blacklist banks in vote with the financing or separatist activities in east in ukraine. and they are also specific measures against the $351.00 russian lawmakers who voted in favor recognizing to break away regions of each new grain as independent plus the u. s. banning trade with those regions. finally, germany has halted certification of the multi 1000000000 euro nod stream to gas pipeline. this is a significant move for the german government,

which has resisted pulling the plug on the project despite pressure from its allies . when now we can speak a little bit further about this. we can speak to michael critique and he's co founder and leading analyst at rus energy. moscow, thank you very much for joining us on the to be business. these measures that have just been announced by the u. s. and europe only going to have any effect. well, i believe that a very important part of possible sanctions is still missing. and i mean the energy industry, specifically oil and gas exports over us. i think that the russian president is under the impression that due west is too weak to impose such sanctions on the russian energy experts because many countries are very much dependent on the supply over oil and gas program. so for example,

when we look at the russian oil exports, we see that $3500000.00 tons of per day, $3500000.00 barrels for a day. go to the united states. you and your kid. it is a, it would be impossible to get well to continue without such supply because, well, basically the goal of the american administration, for example, is stewart, keep the price at the gas stations as low as possible, the loan amount of the sanctions. it's already been announced, was the effective, you know, it may be pet to paps temporary cancellation of no stream to that's targeting the russian gas experts actually no, i mean, embargo on guess supply from russia. we see that very many members of the you are critically dependent on the supply over action. yes. such as the bulgaria slovak

here, hungary theme lumber, which is not a member of the you. but still they are dependent on the critically dependent on russian gas. and this is why it would be impossible to get it constantly dated opinion over the you about embargo overestimate, guess supply asked to say, so is there any other potential sanctions that are being talked about to kill a li, i, you know, removing russia from the swift banking system, suppose you're concerned, is that sort of as a threat, enough of a threat to stop president putin in his tracks? i don't think so because he thinks, in my opinion, you're thankful that russia has accumulated enough cash to finance the military are actually in your green or elsewhere. and this is why he feels look pretty comfortable with the financial caution that he has created for the restroom.

but i can make, make al critique in from a russ energy mosque. i thank you so much for joining us here on t to p business. thank you. now while the west is pinning its hopes on sanctions to avoid a calamity in ukraine, russian president vladimir putin is putting some of his hopes in china. the question before him is, could china step in as russia's primary trading partner? if the europeans cut business ties, the european union is russia's biggest export market by far. currently a 3rd of all its goods are delivered to the e. u. china enforce less than half as much, although the gap has been narrowing in recent years. however, when it comes to russia's most important exports, natural gas, there is currently really no comparison. the you in ports 200000000000 cubic meters per year versus china's $38000000000.00,

but china's demand is growing and pipelines are already being built. so let's discuss this relationship further with correspondent in taipei. so soon, hon. so just tell us, will the alienation of russia by europe drive moscow invasion closer together? oh, not really. the situation now certainly give china a lot of more flexibility and breathing room and even triggers europe to seek chinese mediation. but many experts told me china needs russia to create just the right amount of tension in europe. enough to distract the west from being able to focus on the indo pacific region and not to escalate to full scale war, so as not to create too many uncontrollable variables in the international environment. in 2022. the ear of its power transition for china. russia is helpful . our partner to work with doing moments of intense western scrutiny against it. but china doesn't really see russia as

a very dependable airline. russia has the worst longest border and china has the most number of neighbors that it shares lens border with. they actually view each other as a potential security concern or significantly stronger russia. a more worrisome neighbor is not something that china really wants to see. ok, so they have said that they want to strengthen ties actually trying to think what strict position isn't it, but what are the economic implications of what's going on in ukraine for china? what we know after russia's annotation of the crimean peninsula, several chinese state on banks have provided loans to russian state banks under western sanctions. but this time is not easy for china to expand its economic cooperation with russia to offset some of the negative effects of the session and post on russia by the west. because china's exports to the u and the u. k. combined almost 10 times greater than those to russia with increasing restrictions on technology transfer and chinese investment and coles to reduce supply chain

dependence on china. chinese economy could face sanctions from europe if it becomes too supportive of who teen over a ukraine. china tries to not be seen as taking a clear sight while it's economy is facing new downward pressure. and we have actually heard people during comparisons between the relationship between russia and ukraine and that of china and taiwan. how does that comparison go down where you are almost how many people feel for the situation in ukraine, and it's people's desire to maintain is serenity. and people here are watching closely if the united states and is l. i will help you friend, to stop the russian invasion with a psychological projection of a military crisis in the town went straight. though most people don't think that china would launch a war against high one. if a rustle, ukrainian war breaks out, people do believe china is carefully observing every step. russia is taken towards you credit the tech, this of bargaining, the manipulation of false information and pressure on tie one will roll in the

future because china can use this tactics on taiwan in a systematic way in o gray areas. the ukraine situation is seen as important lesson for taiwan. ok, so some harm in taipei for us. thank you very much. away from the crisis in ukraine now and to a story that brings together 2 of the big innovations of the 21st century. so far, electric vehicles and 3 d printing the shift away from petrol and diesel means as already a major effort underway to boost your car. battery production capacity and manufacturer is a finding innovative ways to produce them. e mobility is on the rise and not just for passenger cars. the orton company near to the air converts diesel van c e drive vehicles. the family business with $150.00 employees is a factory, each conversion, a unique piece. one of the most important components is the battery,

the cabinets and his colleagues have to buy all their battery cells in china. that's becoming increasingly expensive. a tradition operator battery, so prices in the current economic climate have increased. it's become more extreme now because the transportation costs for battery cells have increased 6 fold extra zebra war. the commercial vehicle manufacturers such as mercedes and volkswagen, don't have vehicles in this class on offer. really cabinets and his employees are constantly on the lookout for battery. so manufacturers in europe, that would make things a lot easier. this the truth is of course much easier to order batteries on demand . our production warehouse could become smaller like a local supply of spare parts when a battery so needs to be changed, which is much easier than the long distance is rather was a little shy. and for us is the long run vega but battery cells made in europe are

nowhere to be found. the cells are the actual energy carriers of a car battery. most of the cells have to be imported from asia in german factories . there are assembled into finished car batteries. the blackstone company near trees than wants to change that. it could, it's using revolutionary technology to do it. battery cells will be 3 d printed production should be more effective, and the battery sells more powerful than asian imports. blackstone plans to expand its battery cell production massively. the 3 d printed battery is unique in the world, and blackstone will be far ahead of the competition. if the technology works for mass production manager hug, gretisca isn't ready to reveal everything just yet. so much of the factory isn't open to visitors. yon laura did a museum,

a stack. the system that you see behind me here is the core of the entire printing line. and of course, we don't want to let you look in there, because then you could see how we do it in concrete terms. we've developed processes and corresponding process equipment that offer this competitive advantage for t i, it would be very cabinets. is curious to see whether the printed battery will become a market success. he urgently needs battery cells, preferably from domestic manufacturers. badges, customers are lining up for them. and a reminder, the top business story we're following for you, this rushes aggressive moves in the ukraine of triggered sanctions from western governments, u. s. and e u, a targeting russian individuals and banks as well as banning investment in breakaway regions of ukraine. that even strict to measures announced in case of any further military action. and so from in the business,

same him here in berlin. if you'd like more from us you had, i was to, i was, i d 2, a dot com slash business. we're also on the day to we news, you cheap china, we should check out our business beyond series about the global economy and he can find his on facebook to d to we don't business goodbye. ah, [000:00:00;00] with ah, what is money worth?

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oh ah . this is the w news. life from bern, ukraine's president welcomes western sanctions against russia. i made fairs of a full scale invasion joined by the leaders of poll within the few wayner following me as the landscape setting. europe's future security is being decided in ukraine as the country calls up reservists are prepared to declare a state of emergency also on the program. residents free parts of easton ukraine, a separatist shelly continues to e. w, visits