he says the russian military has begun the battle for don bass. the salt comes as russia dropped bombs on a steel taunt. mario pl, ukrainian troops had to fight moscow's orders to surrender. well, that's a drop. the dates coming up next is daniel winter with all the latest business, i'll see said a bite. not just another day. so much is happening all at once. we take time to understand. this is the day an in depth look at current news, events analyzed by experts and critical thinkers, issues with weekdays on d, w. i'm the green fed that you feel worried about the

planet to unreal host of the on the green fence podcast. and to me, it's clear remains to trade. join me for a deep dive into the green transformation for me, for you, for the plan. ah, china's economy isn't doing as badly as many predicted bought harsh lock downs and shanghai and other cities mean trouble ahead for the world's 2nd biggest economy. we'll find out why analysts still expect china to fall short of expectations this year. also coming up, vladimir putin keeps met, takes measures to keep his country's economy afloat. what is that russia heading for an economic crisis? i'm daniel winter in berlin. welcome along to d w. business. china is doing surprisingly well. the economy growing 4.8 percent in

the 1st 3 months of this year. but the outlook for the world's 2nd dig. it biggest economy is darkening as china resorts to harsh locked downs and shanghai and other cities to contain coven 19 outbreaks. the headline number is misleading. watch, highness, 4.8 percent. g d. p growth for the 1st quarter of 20. 22 has exceeded expectations . consumer spending has tumbled and unemployment is rising. the post pandemic recovery, which the government expected may be coming to an end. the series of copied 19 outbreaks of prompted authority to impose new restrictions in cities, including a lockdown in shanghai, the country's financial hub and biggest city. the chinese national bureau of statistics has warned that both the domestic and global environment are becoming more complex and uncertain. but at the latest cove in 19 measures to contain the pandemic are disrupting economic activity,

and they will make it harder if not impossible for china to hit its economic growth target for this year. so let's get more on this earlier. d w's, china analyst. clifford coon and spoke with my colleague chelsea delaney. she asked him why china might not hit its growth target this year. well, i think the, the 2 main factors behind these as is a better than expected figures, but still pretty weak. when you consider the 5.5 percent growth target, the government has had the main things we've seen has been a combination of the 0 coven policy. and where it has been clamped down, people locked in their homes known and go out and, and also then this is combined with the effect of the war in the u cra, in, in ukraine, which is also hitting growth. so what sectors are suffering the last right now? what we're seeing and it's hitting real estate exports, retail sales it's, it's pretty much across the board. am new home sales tumble by 29 percent last month, which is them, which is a pretty serious decline. am given that the real estate sector is so important to

the overall economy and as we know, it already has problems to deal with from the ever ground debt problem collapse. and, and so we're dealing with that they're dealing with putting out fires in the real estate sector at the same time, passenger car sales, we're down 10 percent in april, which is after the current round of dasia, which i think gives us an idea of how things are going to be looking forward and then the 0 covert effect is, is causing all kinds of supply chain issues. we're seeing the ports are completely clogged and, and if you could imagine in a lot of chinese factories, a lot of workers live on the factories. and during this, these locked down, they've actually been working while living there. they just created these kind of bubbles and i'm working in that, which is great. but once you produce the good, how do you get them out? and if the truck driver, for example, is locked in his apartment in the outskirts of shanghai, he can, he can come and pick it up. so his religious dixon, supply chain issues which are, which are causing a lot of trouble. clifford coon and speaking to my colleague, chelsea delaney earlier and from china to russia. vladimir putin is pumping fresh

money into the russian economy to keep it afloat as sanctions bite. raising pensions and salaries for state employees could help limit the fall out of the war and ukraine, lifting the mood of russians while increasing their purchasing power. despite the move, he insists western sanctions on his country have not been successful. economists disagree saying russia is teetering on the edge of a financial crisis. dominion vladimir putin insist the russian economy can withstand mounting pressure from western governments. had he, during a video conference, he said the recent wave of sanctions have had little impact on russia, but were hurting the west more by driving up inflation and unemployment. duncan pages was loser. we can now confidently say that the policy of sanctions towards russia has failed. the economic blitzkrieg strategy didn't work. moreover, the initiate as themselves couldn't get away with the sanctions. i'm talking about inflation and unemployment growth and economic dynamics worsening in the u. s. and

european countries on the hill, but when i didn't put an acknowledge the sharp jump in consumer prices, i saying has government would raise pensions and the salaries of state employees to ease the impact on russians, etc. but well, because busted it near oprah in the past month and a half alone consumer prices in russia have grown noticeably by 9.4 percent. and yearly figures. number the inflation at 17 and a half percent. i call for a mentioned from the government and central bank colleagues were all very well aware of it. len ludwig, missouri very high figures and they're impacting family budgets too. so last, liam, see me in the visit, but russian central bank governor, alvaro, not be lena. one of the economy could not survive indefinitely on its financial reserves and would have to change to deal with the impact of international sanctions, which have frozen almost half of the $640000000000.00 that russia had. and it's

gold and for its reserves. economists believe the worst is still to come and say russia is likely to plunge into a deep recession. the world bank expects the economy to contract by more than 11 percent this year in moscow mer sergei. so counting, warned that around 200000 people, risk losing their jobs in the capital alone. because foreign enterprises have suspended operations or decided to leave the russian market even if the war and soon, many multinational companies are unlikely to return in the short term, fearing more disruptions. now to some other off the business toys making these ukrainian president vladimir zalinski has held a call with i am f chief crystelina gill, gave her about ukraine's post war reconstruction. later this week. ukrainian prime minister dentistry hall is to to attend meetings of both the i m f and the world bank in washington,

where he'll seek further assistance for ukraine and long hughes of russia and bell russian trucks remain at the polish belarus border after a deadline for them to leave the e u territory passed on saturday. the u has band lori's from the 2 countries as part of its sanctions package. although those carrying petroleum medicine or mail can remain german comic a, b, m, w will not cut a single employee. and the transition to electric vehicles have c e o. olivers ipsa has told the financial times. he says the company will retain staff through retraining programs. germany's car industry lobby says up to a $100000.00 jobs in the sector could be lost in the transition to electron mobility and stay with e cause now the ceo of u. s. electric car may caribbean has warned that his industry is facing a shortage of batteries. saying that it could be worse in the computer chip shortage. currently plague in the industry or james sweeney is following the story

for us in wall street. so james, tell us more about what the c e o r j scar inch had to say. well really in c, e o, r j's carriage has issued a warning and it goes as follows. if you think the automotive computer chip shortage is bad, well, pretty much hold as coffee because a shortage of electric vehicle batteries will make that current shortage. looked like small potatoes, the might the minor leagues because literally in a report to the in the wall street journal, the c e. o was issuing a tour of his company's plant in illinois. and then he surprise some of those reporters by saying that semiconductors are a small appetizer to what we are about to feel on battery cells over the next 2 decades. and if you're wondering how does he know this? well, he simply did the math and in his own words, he said, put very simply, all the world cell production combined represents well under 10 percent of what we will need in 10 years. meaning that 90 to 95 percent of the supply chain currently does not exist. and that caught a lot of those reporters and apparently the entire globe off guard today. okay,

and james, just briefly, is this inevitable or can somebody be something be done to avoid it? future well, if you're asking, if this can be resolved, that can be resolved. the easy answer would be make more batteries, build more suppliers, but it's not really that simple. you can diversify your suppliers. it's not like anyone can just grab a bag in a shovel and start money for lithium. but, but perhaps the answer comes from milan must can tesla, who not only repeatedly warned of the feeding supplies, but also is considering getting into the business of mining and refining lithium himself because he secured his own mind in nevada not too long ago about 2 years ago so can this be fixed? yes, the real question is if your mission is to create an electric vehicle that will help stop pollution, stop using fossil fuels and say the planet would in a spike in lithia, mining refining? possibly. contradict that, an interesting question to leave you guys with k ending on a very interesting question that interesting to the eco companies themselves, james sweeney that new york. thank you now to a common problem. so some of the most beautiful places in the world. everyone wants

to see them, but the more people come, the less attractive it is. crowds of tourists on once secluded beaches, t shirt and souvenir shops instead of quiet cafes. it's a trend that citizens of key western florida have long been familiar with. and now they've put a stop to it, palm trees on beaches. pastel colored victorians and memories of hemingway, that's what key west used to be all about. but to day, the island of the southern coast of florida is overrun by masses of tourists spit out of giant cruise ships. big ships do tremendous damage to our ecosystem. the ships are too large for our, our long, narrow ship channel and they come through and they physically stir up the bottle even worse, their passengers don't do much for the local economy. they don't stay over night. they eat on board. among the few who do good business, other tchotchkes shops,

selling cheap souvenirs. we did it was you because it's helped with a business to help them. everybody, you know, with our, the course you didn't grow the business, you know, not too big a loss. some would argue, and the numbers proof that the island might be better off without the giant vessels were the only good things that came out of the coven pandemic was the fact that we got to see. we get to see whether we need a crew ships or not. we are going through one of the best years that we have ever had in the history of key west economically in 2022 and also in 2021. and those were our years predominantly without crew ships. hun, now the city council has closed the islands to public docs. only one private dock remains in service. and it can only host one vessel a day that limits the number of tourists flooding key west and the environmental

problems caused by an industry that has grown massively for too long. and that's it. you're up to date with d w business. if you want more checkout d, w dot com slash business, thank you very much for watching. suing on behalf of the climate, more and more citizens are taking legal action against government incorporations, demanding more drastic measures against global warming. the successful fight of individuals against all powerful industries legal action, verdicts, climate protection close up next on d w. ready ready are you there?

we just have one wish more maybe. ah, we want goals, lots and lots of goals. battle songs from the stands, the surprise would be great. 2 children, you know, one does legal highlights kickoff in 60 minutes on d, w. ah, it suited only shook intimidation and transformed into an orgy of hate and violence . the history of the ku klux klan, the oldest terrorist organization in the united states. it's members fight for racist state, ruled by white supremacy. what we're talking about here is not only disorganized

violence, it's not only terrorism. it's politics. found it over 150 years ago. it's repeatedly died out, but always been resurrected. the ku klux klan starts may 11th on d, w. a mountain slope collapses. it's too hot to turn, the frost is melting the cause is the rising greenhouse gases. c o 2 emissions need to be cut much more quickly than has been planned. more and more court rulings are calling for that. ah.