lin, welcome to the program. russia is 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 puritans in a circle and their family members. and it's frozen the assets of 2 influential banks including rushes, military bank, but the white house as it has toughest sanctions in store, if needed me well, let's look at the e u, which has agreed to blacklist banks involved with the financing of 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 grade as independent plus the u. s. banning trade with those regions. finally,

germany has halted certification of the multi 1000000000 euro north 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 in his co founder and a leading analyst at russ 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, may be 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 a bulgaria slovak yeah. hungary theme lumber, which is not a member of the year, but still they are dependent on the critical 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 a 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 here, thanks for 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 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 china and force 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 dr. moscow and beijing 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 expert 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 indoor pacific region and not to escalate to full scale war. so as not to create too many uncontrollable variables in 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 allied. russia has the wars longest border and china has the most number of neighbors that it shares lands 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 a 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 and the zation 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 hooting over ukraine. china trays to not be seen as taking a clear sight while it's economy is facing new downward pressure. now we have actually heard people drawing 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 al. i will help you friend, to stop the russian invasion with a psychological projection of a military crisis in the town. was drake, 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 texas of bargaining. the manipulation of false information and pressure on taiwan will grow in the future because china can use this tactics on taiwan in a systematic way in old 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 manufacturers 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, but it is an operating phone 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 for extreme. go walk the commercial vehicle manufacturers such as mercedes and volkswagen. don't have vehicles in this class on offer. village cabinets and his employees are constantly on the lookout for battery. so manufacturers in europe, that would make things a lot easier. it's not true, it's 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 distances rather was

a little shameful as de la 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 . they're assembled into finished car batteries. the blackstone company near drain than wants to change that it claims 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 compet. and if the technology works for mass production, ther

manager hug, gretisca isn't ready to reveal everything just yet. so much of the factory isn't open to visitors. ya. dizzy in a museum 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. and his 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 bonding investment in breakaway regions of ukraine. that even strict measures announced in case of any

further military action. and so from in the business, same him here in berlin and he'd like more from us to head over to i was i d 2 it dot com slash business. also on the data, we use youtube channel, we should check that app business beyond series about the global economy, and he can find his on facebook to d to we don't get back with ah,

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[000:00:00;00] ah, this is the w news line from berlin, ukraine's president calls for tougher sanctions against russia. i made fears of a full scale invasion, joined part of it, and the few, i know a lot of that and he says europe's future security is being decided in ukraine. the country calls are preserved. i'm prepared to declare a state of emergency also on the program residents, li parts of eastern ukraine. a separatist shelling continues d. w,