oh, magic. discover the world around you. subscribe to d w documentary on youtube. ah, with ties to many partners cut over it's war in ukraine, russia is trying to reorganize its economy. and china could be playing an even bigger role than it already has been. we'll get analysis from our correspondence also coming up, missing vital parts and components. the current of ours been demik has been straining supply chains. we'll take a look at how russia's aggression is making a bad situation worse, and will go to the world mobile congress in barcelona,

which has taken its own stand against moscow's invasion. chris kolber, welcome to the program. in response to russia's invasion of ukraine, a number of russian banks no longer have access to the swift international payments system. now that could open an opportunity for china's alternative cross border inter bank payment system or sips. as china is russia's leading trade partner, unveiled in 2015 sips to help establish the you on as an international currency sips aim is to allow banks to process cross border you on transactions directly. now, according to chinese, official data sips has some $1200.00 participants from more than a 100 countries and regions that includes russian banks and chinese subsidiaries of dodger back last year, sips process transactions worth almost 13 trillion us dollars. now,

chinese media says that was a 75 percent increase from the previous year. currently sips though still relies on swift for international communication versus financial ties with china could increase cut off from all trade partners. moscow is forced to reorganize much of its economy and trade with a focus on beijing. it's been a months since the winter olympics opened in beijing with fireworks and chinese president deeds in ping waving proudly from the stands abandoned by most international leaders. she had only one prominent visitor, russia's flooded mir putin who certainly knew at the time that the relation between the 2 powerful nations would soon change. that's because russia needs china after the west test distance itself from moscow. russia might be optimistic last year. trade with china reached a record $147000000000.00. it's set to reach $250000000000.00 soon. that's

40 percent more than current trade volume between russia and the u. currently, russia is china, 2nd biggest oil supplier providing over 15 percent of its imports. the country also covers 5 percent of china's demand for natural gas. meanwhile, the food trade has been growing fast. in 2019 china allowed the import of soybeans from russia last year. it added beef to the import list, and just last week, wheat, china is also a huge buyer of timber from russia's far east, with imports worth over 4000000000 dollars last year. asked for trade in the other direction. china sells machinery, mobile phones, cars and consumer products to russia with exports up 34 percent last year. china is also rush us largest foreign investor having issued at least $125000000000.00 worth of loans for infrastructure projects that are largely tied to china's belt and road

initiative. as russia counts on china as its new key trade partner, aging might show some hesitance, though wary of trouble with its western partners. should it run afoul or sanctions? for more let's cross over to taipei and d. w corresponded, so song hand. so, how is china viewing what seems to be quite remarkable? ukrainian resistance against the russian invasion china still refused to call it a russian invasion, or rather a conflict between russia and ukraine. it urges the ukrainian side to assume the corresponding international responsibility and does not condemn russia at all. but after the call between chinese and ukrainian foreign minister earlier china think know that it was ready to play the role of a peacemaker. beijing said that ukraine looks forward to china playing a role in real life in a cease fire. at the same time when russia called china, it's friend,

the related chinese twitter way bought by russian state media boot nick, what the lead? what deleted shortly afterwards, many chinese citizen said that we're not friend, don't pull china down like this, don't want to be friends with the aggressor and others worried that such statements would be detrimental to the safety of chinese people in ukraine. now, on the economic front, china has vowed to strengthen ties with russia. what does that look like? now that western sanctions against moscow are starting to bite? well, we have seen chinese economic and financial support for russia, even though china does not directly support russia, expansionism, to any degree, beating strongly feels the necessity to maintain and boost a strategic partnership with moscow. shannon has been supplying at a tronics machinery and other manufacture. good to russia in exchange for food and energy. on the 1st day of russia attack on u krench. and i thought only announced that it would allow the import of wheat

throughout the territory of russia, which was partly band due to contamination problems. but we're not sure if china will further help russia because it is in a difficult position and needs to strike a delicate balance with the chinese government more than willing to avoid any action that could easily expose china to further sanction it. so speaking of a possible partnership, now that a number of russian banks have been kicked out of the international payment system, swift are china and russia going to link both of the national financial transaction systems. each one has been putting up despite the fact that russia and china have strengthened the dollarization of local currency settlement in recent years. russia and china still rely heavily our switch for cross borders, settlement payments in 2017 commercial bank of china lodge. it's roman b, could clear him bank businesses in moscow. a number of russian banks have joined it and russian, chinese gas, oil, and goal transactions can be settled in room in

b. but even if the settlement and payment information of china and russia can be exchanged within the country by path and wit, the cross border exchange can only be done through swift. besides, in order to promote the international i zation of remy and b, it is difficult for china to act independently of switch. it is very complicated issue and we don't see how it can ease rush as pressure in the short term. d, w correspondent. so song here in taipei, so thank you. fox, like an and b, m. w are the most recent examples the 2 car make has just announced there temporarily halting production in some plans as key components are missing. rushes, invasion of ukraine on the west sanctions against moscow are disrupting supply chains, which are yet to recover from the corona virus pandemic. the

closure of russian airspace because of the invasion is set to cause massive restrictions on international air, cargo and traffic. cargo flights and passenger aircraft to asia have to take a different route. lufthansa, cargo says that flights from central europe to japan, korea and china may take up to several hours longer and could carry up to 20 percent less freight. this will make flights and freight more expensive. shipping is also feeling the consequences of the war and the sanctions against russia. the world's largest shipping container company, maersk, suspended all container deliveries to and from russia. freight traffic with russia is at a standstill. factories in europe biggest economy, germany are worried about bottlenecks. especially when it comes to raw materials and intermediate products and also possible price increases. german carmakers have around 50 suppliers and manufacturing sites in russia and

ukraine as well. it is still too early to predict what impact the war will have. russia and ukraine are among the largest exporters of wheat accounting for about one 3rd of global exports. but these exports are now at risk. and this is hitting poor countries in africa and latin american particular as the regions are dependent upon cheap imports of wheat. and now to some of the other global business stories making headlines, apple ford and exxon mobil had joined the rank of companies who halt business in russia. apple said it was stop the sale of i phones and other products in the country florida. next on will suspend operations. germany. siemens now says it will also suspend business in russia. russia's biggest lender spare bank is exiting the european market as western sanctions titan following the russian warren ukraine. the announcement came just hours after the european central bank ordered the

closure of spare banks, european arm following a run on deposits. home rental company air b and b says it'll offer free temporary housing for up 210100000 refugees fleeing ukraine. c o brian jesse said letters to send letters to leaders of poland, romania, germany, and hungary offering help to house the people. at least 300000 ukrainian refugees have entered the you since the russian invasion began. a firm that tracks crypt occurrence the transaction says more than $33000000.00 in the digital currency has been donated to ukraine's government and non governmental organizations based in the country. ukraine has received the donations mostly in the form of bitcoin and ether him. after making in an appeal on twitter last week after it was invaded by russia and as corporations around the world review their business activities and russia, big trade gatherings are taking

a stand as well. the mobile world congress in barcelona, as the world's biggest mobile phone show, and it's taking place this week. it has limited russian companies, access to the event. at the russian stand, there is little sign of the company's country of origin, even the name russia has been taped over. apparently, at the request of the congress's organizers, most of the participants here are software companies, like a vsoft from moscow. they say sanctions are hitting the wrong targets. of course i would be reason it's not connected was it's all in more than one world. so we shouldn't decide about something not connected together financial cyber security uses and government. so if you from your one company, worried about sanctions, is moscow based, true cons. it provides online conference software worldwide,

i think is the could be significant company after d. w camera was turned off, he said he'd likely have to split the company into 21 in russia and one in the e. u. the russian war against ukraine and sanctions are overshadowing the mobile world congress. at a time when participants had hoped to get back to business, as usual, after 2 years of the pandemic, what's in store next? for the business world? every industry is going to have some kind of impacts. i mean, clearly we already had a geo political decide in the world, and this will further enhance that the only company from ukraine slated to participate this year. a virtual reality studio from key of wasn't able to attend because of the war you've been wanting dw business

before we go. a quick look at the latest developments in russia's war against ukraine. russia is looking to use the chinese payment systems after it's expelled, its banks were expelled from swift. it's facing increasing economic isolation as international sanctions. particular perfect. that's i shoved things with shlou, where i come from. we have to fight for a free press and was born and raised in the military dictatorship with one tv channel and a few newspapers with official information. as a journalist, i have work all history of many cameras, and their problems are always the same. for do frozen inequality, a lack of the freedom of the bread and corruption,

we can afford to stay silent when it comes to the defense of the human from semen. why feel fools? who have decided to put their trust enough? my name is jenny perez and i work at the w ah ah, he's a nie bower is a climate activist and leading figure in the fridays for future movement in germany and globally. she joins us to day on the w miss night. i thank you for being with us. you've said recently that europe's dependence on fossil fuels is the root cause of the war in ukraine, and that europe should respond by radically building up renewable energy. we're good. do you think of that could do now in the short term when i, when i say that, i'm just looking at the situation right now together with economist we've diplomats

with, with experts everywhere who see that the dependency on ration fossil fuse is one of the, of the of many things that make protein so powerful right now. and this isn't anything of this, this understanding of, of the roots of pollutants. power hasn't to do anything with the concrete action that need to be taken. now we ukrainian authority right now, they need support from all over europe. they need what is needed to protect them, and that is very clear. yet we're looking at the bigger picture. we, he's important to, to be honest about who is financing part of the text. and that is germany, for instance, you know, who is, you know, getting half of its energy from putin. we've heard germany's finance minister, chris jenina, who is not necessarily one of fridays for future. as best pals say that renewable

energy is the energy of freedom. do you think germany's government share your assessments in terms of the need to push for renewable energy? no. well if they don't, you know, get it now that renewable andries and just the greenest and cheapest kinds of entities. but also the rest peaceful energy that we have. i wouldn't know what your wait for. i mean open your eyes, it's out there. and those of you in court that yeah that the power who in that finance those rules and it's too hard to understand that democracy it can't be truly free. that can be truly hebron and have as long as the energy supply depend on autocrat next door, that has, you know, obvious tendencies to star wars. we have a stark energy crisis on the horizon. you call for massively building renewable energies. but now in germany, even green members of the government are thinking of pushing back the phase out of

nuclear and coal. it doesn't seem like renewable energy is our a viable solution, at least in the short term energy experts tell different stories. and i think, you know, this bond is important to differentiate between respond to a war and transformative action that needs to be taken in or to get independent from fossil fuels, from who's seen and others. and we're seeing very clearly that studies tell very strong, sorry about how of course we can get 100 percent renewable. and yet in the medium term and how everything that we're doing now in terms of energy action needed to have a chance with character. and this is not the time to play games, and this is not the time to do some kind of symbolic gestures that higher and fuel conflict like this. and of course, at the same time, and i think it's important to, to try that as much as possible. ukraine needs support and that is not just

a question of diplomacy by that. the question for their t o. p. 's actions of report that as needed. germany and other countries in europe are, have, are going to have to likely bridge the decreasing amount of gas and oil, or the more expensive gas and oil coming into the countries. and it takes time to build a big amount of renewable energy sources. is it acceptable then to accept a pushback of coal, or even nuclear, at least in germany, where now of course not. we have a broader government in a very, very tricky situation where we are highly dependent fossil fuel imports from auto crops like who gene. and that has a cost and the on to that, of course, can be an increasing dependency on fossil fuels, but needs to be, you know, and the independence. and that is what we get the most democratic,

the most peaceful, the green is the cheapest that most protecting kind of energy so that we have renewables. and that is the cost attached to that. but cost is attached to everything. and the question as to back costs and how do we handle it in a just way. and that's of course, where the government is asked to, to make sure that those who can't afford it get access to, to clean and cheap energy as quickly as possible. but that can never be an excuse to delay any kind of action in the same time. the spoken a very strong language yesterday. again, the climate crisis is escalating, and this is not the time to not play out the crises against java, but you connect the dots and see the big picture here. what do you think of the german government's commitment to massively invest in the military with a bill of up to 100000000000 euros? i'm an activist. i have no intention of getting involved in the military or geo politics discourse that we have in germany or for seeing that,

you know, many expert wondering where exactly with money as opposed to go. and when we will be at the point where the government makes this money, phrases, money, for things that are actually transformative, that actually contribute to a more safe and more just and yet more sustainable society. you and fridays for future want germany to become climate neutral by 2035. do you think that is an achievable goal, especially in light of the war and ukraine and what that means for the energy market? well, when we're reading the demands and just writing random wish, wish that we, you know, that we just come up with, i'm enough to know which attracts, but we see what is possible if you really want, if you provide the political vill, if you, if you organize people around it change from ation towards climate justice and

what's possible, of course we can be renewable by 2035 and just yesterday the government kind of hinted that the actually planning to transform some part of the energy sector to an extent the bed pod will be 100 percent for new bud. bye 20. 35. we see again and again and again. we don't have a lack of technical possibilities. we don't have a lack of knowledge. we have a lack of political will and of, and then open understanding what the crises at about. and so yes, we can get there. and this was the situation, but now it has opened many drawers. we can backlash and you know, 20 years back, you know, repeating all that a mistake that was that were made before, or we can jump 10 years ahead and say we are stopping the crisis. we stop accelerating them. we actually build those pace and peaceful democracy, said that independent from fossil fuels that provide real freedom for the people everywhere. talking about the i p c. c. it's latest report on how climate change

impacts the world was just released. what do you think of its findings? well, it's chucking again and again and again. yet, most of the things in the report where clear a long time ago, these were the things that my grandma went, you know, on the streets about. and i think when you stop, you know, treating those i the c report as a breakthrough report, the tell us about a new world when we, if the knowing and ignoring all that for decades and for think, you know, if anything, it's time now to connect. yeah. to connect the dots and to understand that you see, tell us everything we need to know to, to radically act and the war, finance and funded by a fossil fuel system is telling us about the conflict, the war dimension behind fossil fuels. and i wouldn't know what would stop us now from, from acting as needed. but a climate change is

a go global problem. how can it be fought globally? is such a powerful energy player like russia, is now basically considered a pariah state. how can one push climate change forward as a global problem when some countries maybe have to be shut out of dialogue? just from now, i'm less worried about, you know, the energy interest and, and russia, which is a whole different story. i'm worried about those, you know, liberal democracies around the world that claim to have understood that we in the prices and still invest in fossil fuels still found those older project. would you still, you know, extend an energy dependency on the fossil fuels and those inputs? i'm worried about that. where are they right now and why? you know finger pointing anyone out those countries forget that being the excuse for everyone else. right now, those accounts are germany, the counselor, many other big industrial player in this they would have, they would get started if they would stab change the pad and when they started

being lead a role model and this, it would be a complete different, sorry, and it's asked who need to look at them right now. and of course, and i think that's an important dimension. we're seeing right now. we need to discuss energy partnerships. we need to discuss how richer industrialized countries can help us to get away from fossil fuels. as soon as possible, we need it in energy diplomacy that's taking place. but that is focused on what is needed on the timeline that we have on the few years that we have left to get things started. do you have any current concrete proposals on that front? what liberal democracies and rich countries should do to help the others go along? i think we need governments to become clear, beginner, honest about not only the energy infrastructure that they build themselves, but also the energy infrastructure that they found themselves with huge tendency

towards you know, big industrialized camps on the globe or north to, to be all cheery about climate action to praise their own targets as much as possible was funding financing and ensuring fossil fuel development and fossil fuel infrastructure. and the goal without that's not how it can work out. so we need on us to hear a transparency here, and we need governments to be called out as necessary in the whole attempt to brainwash themselves to some climate change heroes. while honestly, the, the facts speak a different language while emissions arriving. do you think we are now at a turning point that this situation does present? the turning point for a people is in government perceptions of the climate crisis and how to tackle it. i don't know about that, but i know that people right now has the power to, to side for justice and peace and climate justice. and all of that has never been as intertwined as independent as just today. we're seeing that there is no climate justice without peace, no peace without

a climate. justice and independence from fossil fuels is all out there. and if we want to, we can make this a turning point. do you think though, that people, especially in europe, will understand this and will care about climate change in the face of the threats of war looming so close? yeah. again, i think it's in our hands. this is not about, you know, claiming one crisis preem with the asset, but about connecting the dots and understanding what other root causes of the fossil fuel conflict. and was we're seeing not just in the ukraine, but all over the world. that is not a new, starry, it's been our dad just been widely ignored, especially by western media society when we are, you know, bold about this and, and yeah, again we're, we're able to, to connect the dots and to, to look at transformative solutions while supporting in the immediate situation,

but again with seeing that also governments and societies, he has a tendency to ignore what's right in front of them that sorry about the climate crisis for the past decade. so we need to understand that we needed and that we and our understanding of the crisis and experience of people power, i'm needed to make those changes and to fight for those changes. need it. reason, know, bower. thank you very much for your time. thank you. ah, thank you with no whoa. is the one to blame with the amount of

plastic is increasing every year. many im gonna working on landfills pretty only work very holiday destinations and drowning in plastic white wine. and that we could look at the console with every year your other exports are 1000000 tons of plastic with there. another way. after all, the environment isn't to recyclable. make up your own mind. d. w. made for mines. ah.

ah . ah

ah ah, this is the w news live from berlin. russia steps up. it's a tax on ukraine city. buildings are ablaze in car keith after renewed bombardment and russia claims control of the city of car song about ukraine says the fighting is still going on. dozens of residents have died in recent attacks. also coming on german transport will have show it's makes his 1st official visit to israel. country trying to support ukrainian jews while keeping relations with the kremlin

intact.