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 beardley 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 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 expressed concerns over the acquisition, saying it would enable chinese influence over strategic infrastructure. a hamburg now joins a long list of european ports that are fully or partially owned by chinese companies. if the deals approved by cosco. here are some examples at cosco, 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 percent of the bato reefer terminal in italy, and almost 40 percent of the bill. bout port 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 hamburgers, 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 dependents could grow. german chancellor, olaf sholtes disagrees. skid niched. my, this isn't about sewing a port in se broker 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 often it's about one of many very large courts from feeling and see a goes in hoffman's. china wants to take a steak and the toler, or to container terminal, where ships from china have been processed for decades. the port of hamburg, which owns toler, or it has no objections to cosco taking a steak, kind of asking that these of you can assume that this contract could service a benchmark for how to deal with the chinese to take a steak without infrastructure own, without implementing any major shareholding opportunities, that's not the case here in stefan. but others are opposed. the european commission has voiced its opposition last spring, the commission warren, that china could gain access to sensitive information about the ports, business activities. this is the 8 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 that. macarthur 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 cosco. is that a win for the company or is it a loss? yeah, it's definitely still been for the company. it clearly wanted to get a stronger position in this terminal for a variety different reasons. and while 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 it would have had with that 35 percent share. 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 trying to. 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 hopper lloyd out of germany. mary got denmark, i believe. so what is the concern about costco? can you spell that out? yeah, kind of started starting off when you go to set that costco is not like a marriage or it is a completely different kind of entity as one of these big centrally and chinese state on enterprises. and these, these are meant to achieve strategic goals for aging,

rather than to achieve the fiduciary responsibility that companies like merck lloyd are kind of beholden to so cost it doesn't behave based on market dynamics the way that other shipping companies would. so starting from that perspective, the costco is an arm of beijing and part of its toolkit to achieve the strategic goals. i look at the idea of increasing reliance on costco and increasing reliance on trying to stay on enterprises shipping, but also cheryl permission 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 is owned by the density called sack, which is sort of the holding company for the 97 states 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 and by the same as the steel for the ships comes from the same and comes from a company and by the same entity and on and 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 circular 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 years past. 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 geopolitical situation plus concerns about over reliance. but also you have the you where, you know, a lot of the member states have a very different relationship with china and very different views on china. what does want to leave it there? jacob gunter with a 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 house older now came to provide for themselves. they're 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 the 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 seen worse when you try to save some money, but that money just sits around in the bank for a small package. 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 walk, their order books are full and it's hard to keep up with demand. oh, yeah. i let him i marsh mention that since russia's invasion of ukraine. we've had

a huge optic in demand for our products. i'm so hard on was on public school, because it's unmanageable. how many people are sending in orders? colin, 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 via hm. so it's i looks and fun soccer. we use our own 3 and a half 1000 kilowatt hours for a how has spies and can buy and python. so with the price of around $0.50 per kilowatt hour, that mean $1750.00 euro's oil as the let so monetarily were much more independent when a tag, asean, and fia, the woodfield talk it down, laga the manufacturer says the keeper and complaints from power companies that

their profits keep falling and that they're warning their customers from installing the units that's 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 guy toya from pre what you had them isn't what i believe the global chip shortage was a challenge. i followed by the corona virus locked downs in china and the supply chain difficulties if a bigger and now we're running out of raw material because of the high demand yagami fulfill bella. the cost for the many power plants may be on the rise. but you're going to lose his eager to see if they're still worth the investment. was seem 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. walmart 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 and opportunity to beat amazon on speed, especially after quick same day shipping options picked up sharply during the pandemic. do you want me to 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. all that for eggs does 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 d. w channel, i'm seeing beard. thanks for watching. with

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