paeans are mounting solar cells and even wind turbines on their homes, as they try to beat soaring energy costs. and incoming companies are pushing ahead on drone deliveries, but not without some hiccups. flowing welcome to the show. i'm seeing beardsley in berlin. the german government has reached a compromise over a controversial chinese investment plan. in the port of hamburg, china's state owned firm at costco will be able to buy 24.9 percent of the toler ortz container terminal. and the company originally had a deal with a port to buy a larger, 35 percent stake, but that was subject to government review. several ministries express concerns over the acquisition, saying it would enable chinese influence over strategic infrastructure. and hamburg now joins a long list of european ports that are fully or partially owned by chinese companies. if the deal is approved by cosco. here are some examples at costco, currently controls 100 percent of the ports in paris. in athens, in athens,

greece 90 percent of the saybrook, a terminal in belgium, 51 percent of the valencia port there in spain. 40 per cent of the photo reefer terminal in italy, and almost 40 percent of the bill bow ports in spain. now, along with 2 other chinese firms, c, m, p, and hutchinson cosco now controls about 10 percent of shipping across europe. the port of hamburg is germany's largest and a gateway to the world. the chinese shipping company. costco has long been active in hamburg. but now the state run firm is eager to take a stake in the port. critics warn china could gain access to critical infrastructure and germany's dependents could grow. german chancellor, olaf sholtes disagrees. sydney shed my this isn't about sonya port in se braga or p reyes. it's got most, it's about a share, a steak and the terminal,

which is also the case in some other west european port, susan here from out. and it's about one of many, very large courts from fusion and c, a goals and hoffman's china wants to take a steak and the toler or container terminal, where ships from china had been processed for decades. the port of hamburg, which owns toler, or it has no objections to cosco, taking a steak, kind of an else can. does these, if you can assume that this contract could serve as a benchmark for how to deal with the chinese to take a steak without infrastructure or without implementing any major shareholding opportunities? that's not the case here in written defy. but others are opposed. the european commission has voiced its opposition last spring. the commission warned that china could gain access to sensitive information about the ports, business activities. this is a and a fog. this is usually a question for the entire european union. and we are seeing chinese investment and

european ports, increasing them and it's never good to become too dependent on a country like we've seen with russia. ports are involved in 90 percent of international trade. so we are speaking about really critical infrastructure. in fact, a lot is at stake. china is by far the port of hamburg most important trading partner . last year it accounted for nearly a 3rd of the ports container business. jacob gunter is an analyst with mcarthur institute for china studies in berlin. jacob, welcome to the show up 24.9 percent stake. that's what the government now says it will allow for costco. is that a win for the company? or is it a loss yet? it's definitely still been for the company. it's clearly wanted to get a stronger position in this terminal for variety to reasons. and well,

the ideal would have been the 35 percent that it was aiming for, you know, and it will, it will, it will no longer have the kind of sort of voting rights that would have had with that 35 percent. sure. it's still significant when and it's not just a wind in terms of them getting in 24.9 percent share this. this is also kind of a broader victory for china and being able to continue to kind of private keep prying the. ready door open in germany and in europe more broadly for the investment coming from it's big stadiums, champions. at the same time, we know that other shipping companies own stakes and terminals in hubbard, for example, including the hot dog lloyd out of germany mer scott of denmark. i believe so what is the concern about costco? can you spell that out? yeah. kind of started starting off. understand that costco is not like america. it is a completely different kind of entity as one of these big centrally and trying to stay on enterprises. and these, these are meant to achieve strategic goals for beijing,

rather than to achieve that. the new sherry responsibility that the company of like mercy lloyd, are kind of beholden to. so cost that doesn't behave based on market dynamics the way this other shipping companies would. so starting from that perspective, the cascode is an arm of bay jang, and part of its tool kit to achieve the strategic goals. i look at the idea of increasing reliance on costco and increasing reliance on trying to stay on enterprises. but this shipping, but also cheryl shipping perspective in a shareholder perspective, it's critical for infrastructure quite concerning right after we've had another authoritarian governments in russia exploding its position is as kind of a critical provider. but furthermore, when we look at costco, we need to just not think of pasco as, as one entity. it is owned by this entity called sack, which is sort of a holding company for the 97 state on enterprises in china. and these include some

of the biggest companies in the world, and really they create this value chain that is an integrated vertical monopoly. so cost to get the ships from a state on ship builder that is also on by the same as the steel for the ships comes from the same and comes from a company and by the same entity in on it, on and on. and if you were to copy and paste that kind of economic model into, i don't know, denmark or germany or france, both you and there was never stayed competition and trust laws would immediately recognize that vertically integrated monopoly and the economic distortions that come with it. but for some reason the china coming in with costco, that's not part of the debate. jacob, what does this debate that we've seen over the past few days? what does it tell us if anything, about public and political attitudes towards german business times ties with china? what can we read into this? yeah, i mean, i think we can read into this, the position that germany tickler is in sort of between a rock in a hard place. and that you have these big german companies that, you know,

when you look at the, even you investments in china over the last few years back. vast majority of it's coming from just a small handful of companies. most of them are the big german ones. so there's clearly a lot more economic dependence and, and you know, desire for deepening economic ties from these big driven companies. but then on the flip side, you have a lot of pushback in germany because of the broader geo political situation plus concerns about over reliance. but also you have that you where, you know, a lot of the member states have a very different relationship with china and very different views on trying to think what does want to leave it there. jacob gunter with mcarthur institute. thank you very much. you are the russian invasion of ukraine, unleashed an energy crisis across europe. that won't be solved anytime soon. some householder now came to provide for themselves there pushing up demand for small solar cells, and even many wind turbines take a look. finally, the right fasteners have arrived to this home just outside of life. so if you're

going to loosen his son can finally add a 2nd panel to their solar power system on the balcony. it's connected to their electrical system and can produce 520 kilowatt hours of power each year. it cost a family around $1000.00 euros. the current power crisis convinced the family to invest in the system. model similar to hope you some worse then you try to save some money, but that money just sits around in the bank to solve a cage so you might as well invest in a solar system or comments or for seniors or something. all right, and that's the solar power system was produced by local started pre what their order books are full and it's hard to keep up with demand. oh, yeah. i like in my mouth emotions since rushes invasion of ukraine. we've had

a huge optic in demand for our products. i'm so again, was unpredictable to say unmanageable. how many people are sending in orders? quinn, don't look that caught us off guard in a certain respect to the mazda stock, but oft and it's not just solar panels for balconies. the demand for many wind power units also has tail whit. thomas, but emma has one of the units on his roof. in addition to solar panels. he uses it to charge the battery so he can use the power whenever he wants and save money. we are home to that side. i looks and fun. so can we use around 3 and a half 1000 kilowatt hours for housewives and can buy and python took over the price of around $0.50 per kilowatt hour. that mean 1750 euro's oil a little bit, so monetarily. we're much more independent when he tags in fia, the woodfield talk that down laga the manufacturer says they keep hearing

complaints from power companies that their profits keep falling and that they're warning their customers from installing the units i with there are also some bureaucratic hurdles in germany, the german government says it wants to cut some of the red tape, but not all. and the flood of orders is hard to navigate, says k toya from pre what you had them hasn't thought i'd leave. the global chip shortage was a challenge. i followed by the corona virus lockdown in china and the supply chain difficulties. if i bigger and now we're running out of raw material because of the high demand. yeah. can you pick up the cost for the many power plants may be on the rise, but you're going losses eager to see if they're still worth the investment was seemed like a joke and amazon pitched the idea several years ago. but companies are getting serious about drone delivery, and the competition is heating up. also, it's not just amazon, it's leading a push. he's it a bird or is it a plane?

well, it's a drone with an urgent delivery. u. s. retailers are battling for top spot in the airborne shipping market. but while google and amazon are still testing new devices and solutions retail, julian, wal mart, is already delivering so it actually is one that i order pretty often because of cooking. you run out of eggs ally and we like eggs and bacon for breakfast. wal mart is planning to extend its drone delivery service to $34.00 states by the end of the year, potentially serving up to $4000000.00 customers. the company believes the services an opportunity to beat amazon on speed, especially after quick same day shipping options picked up sharply during the pandemic. do you want me customers that seem to appreciate drone deliveries as an alternative to quick trips to the supermarket? but while the convenience is already there,

the livery process could still use some refinement. okay. oh man, this was not a good when. when made a lengthy 233 out of thick and then these 3 did not is well. back. all that for eggs. that's our show will be back later with more in the meantime. check us out online at d. w dot com slash business. also on youtube, where under the dw news channel, i'm seeing beard, thanks for watching. with

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