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tv   Business - News  Deutsche Welle  October 5, 2022 1:15am-1:30am CEST

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how particles, in this case, light particles interact with one another. so in this particular case, you've got to particle, they could be in different areas, but they may be still entangled as they caught. that's the technical term, entangled with one another. it's a bit like having 2 family members that might be on different sides of the world. you still kind of connected. you might even have sort of a telepathy between the 2 of you. mark, the scientists will share the prize money, which is almost $1000000.00 euros. so alpha particles over here to the particles from where you are, i'm way will craft, will have more tips out the, our, they with us people in trucks injured when trying to flee the city center. more and more refugees are being turned away. families please, on the taxi. the reason for these correct only is with demonstrated
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people fleeing screened us getting 200 people from june around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines with the world, a free flowing trade with america at the helm. for decades, we've taken the principle of us howard globalization as 8 given the recent events have called thus into question. it is striking not only how much has happened over the last 56 years,
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but also how much of it has been directed against the globalization, the from rising populism to a global pandemic, and war in europe. the consequences are ready by saying stagflation trade all talk, the trade was, worry you cry. no, it's a difficult, locally, are arched, never before has the post war economic order been on such chafie grants. rooted is a, you know, he wants to get rid of the states. in this video will unravel some of the threads of what is done increasingly handled. story will look at the complicated relationship between the united states and china. when turning, it's when, when it often means trying to wants to win. geopolitical conflicts and crises are re forging alliances. paging up under she didn't pick,
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had seen curtain as allied in the common presentment of the united states. and has some countries are finding themselves in a tricky balancing act between friends and foes? this is a big, big issue. what india it says sort of, i will issue that though, coming up on business beyond for the best part of a century, the united states have been the world's undisputed economic superpower. after world war 2, inexperienced, enormous growth driven by ramp and consumerism and a growing faith in free enterprise. the fall of communism in 1989 further solidified faith in western that system. economic barriers style of countries rushed to fill demand in an ever more connected global marketplace. the effect on world trade was dramatic. in 1950,
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63000000000 dollars. within 10 years that figure had more than doubled and by 1998 multiplied $34.00 to $3.00 trillion dollars. in 2020, it stood at more than 17 trillion. ah, but in recent years we've seen a backlash against globalization. and many economists think it was the global financial crisis that set the stage for the shift we're seeing today. the whole model, our capital, is more maybe with more social characteristics in europe. but still, i was put was tested on a reading level out. certainly china, but even russia was that our model was very fragile in the financial crisis. was followed a few years later by a rise in both populate them authoritarianism around the world.
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i, when you look at trends, especially and not only the rise of china, china under, she'd be more aggressive, broad, aggressive terms. you've got a very different context now. when it comes to shifting power dynamics on the global economic stage, no story can rival that of the united states and china. $900.00 ac, china's g d p accounted for less than 3 percent of total global i put with the us accounting for more than a 3rd. since then it's played an extraordinary game of catch up. the us share of global g d p have fall into less than 25 percent with china. and i would think for over 18 percent trying to would like to be in the position that it has been historically way back in the day where it was center and
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others interacted with china in a way that gave china deaf in china could keep everything under control and have it go their way. claire read negotiated for the us on trade with china, from 2006 to 2014. she says china, long term goal is to dominate future proof industries like artificial intelligence, semi conductor chip, and pharmaceutical. for china to acquire the kind of international influence, the u. s. has had for decades, it will need to deepen its relationships, although not a formula line. the bricks that brazil russia, india, china, and south africa has attracted some attention. in china, the state from media has praised the bricks alliance for boosting, what it called non western styles of multilateralism. but alliances don't guarantee harmony. the relationship between china and india, both bricks members is
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a good case in point home to 1400000000 people. india is the worlds fastest growing big economy. but its relationship with china is currently overshadowed by a fraction border dispute. tens of thousands of soldiers from both sides are stationed on the more than 3000 kilometer long border. hardly a solid foundation for an ever deepening can make union in the short say that this is actually an armed at the moment. and this is also spilling or in political, economic, strategic issues as well. no surprise. and that india has been courses by the us as part of its own trade off with china. it's part of the new us lead indo pacific economic frameworks, a free trade pact of 14 mostly asian nations,
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which excludes china the indian chinese relationship isn't the only complicated one within bricks. india is also facing a tricky balancing act in its relations with russia. its failure to take clear stands on the war and ukraine on its decision to buy more russian energy have raised the prize. but commentators point out that historically, sales of russian golf to europe have been far more significant. and that criticism of india's purchase as this year are being taken out of context. this year is an exception. but if you look at the last 70 years, the total impulse is no more than that. they're not at the most wild game for something like a $100000000000.00 from the middle east. so nowhere in proportion as when we say the russian energy complement in the energy basket.
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so i think it is an exaggeration, probably lack of inflammation. questions of energy dependence have come to the 4th and thrushes invasion of ukraine at the or a p and countries rushed to lessen their dependents on russian. gov and western sanctions aim to cut moscow out of the financial system. it's no wonder at the flood of mere prudence is among those pushing hard for an alternate order. mature, over the past decades, new powerful centers have been formed on the planet. clearing themselves louder and louder. each of them develops its own political systems and public institutions, implement its own models of economic growth in the course of the right to protect the can you to ensure national sovereignty shoot united states, you know some notes in it yet. but the war in ukraine has put pressure on countries that may have been ready to align themselves with russia. shortly before the war,
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china and russia declared that there were no limits to their strategic partnership . but so far, there is little evidence that china is willing to break western sanctions on russia . but russia and china is growing vonda under the leadership institute. and then she does appear to have one water ties elements on joint opposition to a us lead global order. beijing under, she didn't, paying, has seen pertinent as allied in their common resentment of the united states and the u. s. global leadership, as, as a superpower. and what they see as interference in their domestic internal affairs, criticism of their political systems, pressure to change their economies address, human rights, et cetera. and so that alignment is probably gone further than most expected. china
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may wants the united states to stay out of business. but the reality is, the 2 countries economies are deeply entangled. despite the tensions of recent years, which saw the countries flat tariffs on each other goods, china and the us remain each other, the biggest individual trading partners. us trade with china has grown to magically in recent decades. but as you can see here, it's an on even relationship with the united states importing far more from china than it exports that has led to cold for the united states to decouple. in other words, this entangle itself from china, but it's not realistic. if the united states tried to decouple entirely from china, it would be very harmful to our economy. it would probably be harmful to our innovation. it would just have other economies
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industries step in where the united states stepped out so it wouldn't work. decoupling probably wouldn't be a very good idea for china either. china also knows that its larger economic faith lives with the rest of the world. and even though it has this tense relationship of the united states and others, it is you know, most of its economic growth that's been dependent on globalization with the rest of the world. it needs to find a way to balance those things. at the beginning of this video, we ask whether we're at the dawn of a new global economic age is the case of a us versus a chinese lead system. the differences are major. the market lead system of the u. s. favors a lack of government intervention that chinese system favors had the state involvement
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. ah, they have reinvigorated support for state enterprises. really focused on indigenous being technology, achieving, trying to achieve self reliance. not done what previous leaders have done and trying to manage and maintain a healthier constructive relationship with the united states and the west. and so what i'm talking about, what kind of order china would like. it's really what kind of order a sheet and thing lead china would like, which is a world safe for state capitalist authoritarian systems. so could opposition to a chinese inspire to protection of order be strong enough to push back the tides and gets a real stick. hope that there could be a backlash, backlash, that large numbers of people. maybe even the clear majority in many will realize that nationalism,
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that protectionism and bribery close it miss all worse for them than being more open than gauge. and having political bullies is worse than signing up the turmoil, on least by the global financial crisis of 2008 and 9. and more recently, the pandemic and war in ukraine has laid fair and new truth blind faith. and globalization has come to an end oh, teachers are searching for their students in a fatherland, brazil. many children have no contact with the school. a consequence of the school closures during the pandemic. the teachers are campaigning for them to return.
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they know without education, these children have no chance global 3000 a d w. making raring to read me. if there is any erotic offence between them, you'd have to find it between the lines. he w literature last 100 german, my st. ah ah ah, welcome to global 3000 empty seats. how brazil in schools are trying to attract.

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