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tv   Business - News  Deutsche Welle  November 23, 2022 11:15am-11:31am CET

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reports that the days be a looking to su, fee for as a result of the decision. so it's definitely an ongoing conversation and a basically in a situation that continues to develop. i'm curious to see how it will continue over the rest of the tournament. i think it will be a talking point for the rest of the tournament, and i think it would definitely be a point of discussion between by no end of and german interior minister nancy phase the later on when the to me here in dora you're watching dw, news from berlin, rob watts will be here in just a moment with more on the impact of the one love arm band issue that the impacts having a german team sponsorship deals. thanks. water ah several did in the right wing extremists right. regression again, world might be a couple of weight and burned in south africa. people with disabilities more likely to lose their jobs. in the pandemic black lives matter. shine a spotlight on racially motivated police violence, same sex marriage is being legalized in more and more countries. discrimination and
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inequality, or part of everyday life. for many, we ask why? because life is diversity. make up your own mind. d. w. need for mines, enjoying the view and come take a look at this tv highlight school every week in box. subscribe now. ah. sponsors pull out his ethics issues overshadow the world cup and made a german supermarket is cutting ties with the countries football association after it back down. ever one love on bands and katara and unemployed in china. find out about the struggles facing chinese graduates entering
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a jobs market. very few jobs. the state of business on robots in berlin. welcome to the program. germany kicks off. it woke up campaign on wednesday, but demand shaft as the team and known here. doing so without one of their major sponsors cut us controversial hosting of the competition and the german football associations approach to it has uneasy businesses loosening their ties with the tournament. it's the end of a 13 year partnership. german retail giant diva is ditching its advertising campaign with a german football association. d. f. b after fif are banned the wearing of the one love arm bands. the announcement follows d of these decision to cave to the rule diva group chief executive lionel souk colt fif us ban of the arm band that celebrates diversity. scandalous nearly of us headquarters in cologne, germany,
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some pedestrians agree. reddish angry. i wouldn't have caved in. i think it would have been good if they would have gone through with it this morning. i heard eva canceled the partnership. i think it's great. it's a strong statement. so a little statement and all shall. i think it's unfortunate that we keep talking about politics during this world cup. let's just play soccer. is global. i think more institutions need to give this pressure. we can go on like this and soccer by me by talking so far, leave is the 1st sponsor to take action against p. f. s. barring of the diversity symbol, other d, f, v sponsors, adidas and folk funding have stated that they are monitoring the situation where we are now joined by ham on seaman who is an ortho, and founder of seaman kusha and partners, a global strategy and marketing consultancy based here in germany, thanks a lot for joining us on the program at the world cup is normally a marketing bonanza for sponsors in there, but will some of them this time round be wishing that they perhaps hadn't bothered
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that may well be because we have a clash of well yours and culture on the one hand our more western use and did you on the other hand side is like a china russia. and it's very difficult to reconcile these positions. and in the middle is far as a global association. and so german association and obviously companies react differently for this conflict potential. yeah, actually that's something i want to ask about because what do companies take into account when it comes to deciding whether or not they do engage with an event like this or with, you know, organizations that are associated with it? is it all business, or is there some ethics involved? it's mainly business. why do companies on those, these events,
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it's part of advertising and communication and prep positioning. but of course, it is perceived in society are leading to emotions on the friends of the side of the plan on the side of the more critical part of society. so the company which engages in these events is thrown into the conflict into the heat of the conflict. and that's something that companies have to get used to isn't if they're increasingly being expected to take positions on social issues. we seem not even outside of this world cup. so how our businesses reacting to that new need to be aware of ethics and social issues? i think it is a fundamental question for business. this was as easy as they should confine
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themselves to the business as such. or engage in the, the side law and political debates and conflicts. and i rather can't that towards the recommendations i'd say should be cautious about getting engaged in these discussions. i mean for me, 111 fundamental question is, what can be the effect that see the reaction of leave it to this continual corporation was a german football association. have any positive effect on, on the far or the situation in power all a similar case. the people demanded from folk song that's a close down their factory in the think young province in china. there
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the girls are not quite treated by the chinese government. put set help anybody. if folks long closes down, it's check to reserve. so considering the fact is my, in my opinion, a very important criteria and how a company reacts i haven't seen one from one ken partners. thank you very much for joining us today on think of it. you're welcome, my pleasure. now let's take a look at some of the other global business stories making the news, the organization for economic cooperation and development says world economic growth will slow from 3 point one percent this year to 2.2 percent next year. it claims high inflation and warns of serious headwinds trading interest rates, energy prices and riches warn you, crime attorneys for the last crypto exchange, f t x se was run as a pers no 15. the former chief executive, some bank money freed, in the 1st bankruptcy hearing, they detailed,
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ongoing challenges like hacks, missing the assets. the lawyers say the company spent $300000000.00 in the bahamas buying properties, the senior staff and protest at a fox con factory and the chinese city of joan jo are intensifying. people. welding sticks, smashed surveillance cameras and windows out the massive compass of the apple supply. after months of strict code 19 controls, the final straw of one hundreds of workers was a delay in pay. a coordinated employee action is pretty rare in china perhaps. partly because the alternative to being employed is entering an oversaturated job market. young talented chinese graduates are competing hard for very few roles. leo's a hang studied tourism, but for half a year he searched for a job in vain. he's not alone. among young adults in china's big cities, one in 5 is currently unemployed nouns. the hang works in
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a fantasy board game shop, but he doesn't earn very much money. because of that cbs, charlie is who you are due to coven 19. and especially because of the strict hygiene measures, the job really only pays the bare minimum, is how the racial holla yos, the hang lives in his grandmother's apartment. so he's able to make ends meet even with very little income. he hopes to improve his chances with another degree. first off, i will go, i for many of us wanting to go to work after we finished our bachelor's degree. but because there are no jobs, we're continuing our studies. it's ingrained in the social consciousness. people have to study in order to get good jobs. but as a result, the number of people continuing their studies after school has risen sharply in recent decades. in 2010 only 24 percent of a cohort went on to university. compare that to the current figure,
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which is at 58 percent. now there's a supply and demand problem to many well educated people for higher paying careers . professors young be our researchers, china's young adult at the max planck institute in germany. graduates live in a vicious circle of competition. it basically means that you put the more and the more effort endlessly. and it's a very tiring process. but the, with no real meaning an off to eat, the referred to a situation that the you up forced in a pressurized to participate that you petition a without to end the end, the inside due to poor job opportunities. many are turning to further study, even if it leads to over qualification. a business model is evolving from the energy of these young adults, similar to co working offices, some are starting to book desks for studying by the hour. huge and ming spends 20
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hours a week hitting the books. he already has a master's degree in civil law, but because his job is on the line, he wants to improve his odds with another degree. in his actual were culturally helpful. exam systems are one of the few systems that are fair, as long as you put in enough work into studying, you'll be rewarded accordingly with good grades. it's more direct, easier and fairer than most things in our lives like work a little less cross to our correspondence. so t's song hon who joins us from taipei so of aging approach to managing caving 19 rem remains. the defining factor really of the chinese economy. right. now, but we have seen attempts to sort of tweak it recently, humbly, how big a toe does it continue to take those 0? covet well or off? perhaps sir, most obvious impact we can see is how the policy hammered consumption in the world's number 2 economy in order to maintain their hall. i call one of ours controls. local government finances have been in tight situations. under the
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certainties, the major problem is a serious lack of consumption. chinese people are less optimistic about the future and as a result, more inclined to save. so we can also find the total retail sales contracted for the 1st time since may, and the real estate investment continues to drop. in the 1st 9 months of that year, china's economy grew at a rate of 3 percent. so china is likely to miss it's official g d p growth target of around 5.5 percent this year. and we're looking at pictures from china and we're thinking that you know, the father restrictions are still having to be taken long after other countries of opened up. that raises the question, does no, has 0 covered worked or it depends on how you look at it. even though many believe 0 could be policy is not really scientific abandoning the policy could lead to a spike in death, especially among china's tens of millions of on best needed elderly people. and over one, china's fragile national health care system and increased the potential for social
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unrest. so there's no saw and turning back. and interestingly for thumb, there'll be policy seceded in re shot in reshaping the chinese society for all the purposes. there is to make it easier for the autocratic leader to manage in event of large scale state action. it has nothing to do with medical reality or nomic development. so you get different answers if you ask different experts. and from what you're saying, it sounds like almost through the government, there is kind of trapped within this 0 coverage policy because getting rid of it could lead to such a big spike in cases. so is there any prospect of omen of 0 covered, disappearing as policy consensus as that locked down mass screenings and other controls we remain in place for a few more months. we don't see an end to these actions, but they do is trying to optimize the 0 covey policy by shortening the isolation days for the covey patients and adjusting the classification of am,
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risk areas are definitely saying go by to the universal nucleic acid tate test. and the chinese government now prohibit at random school or factory closures on authorized traffic, stop hedge or any types of arbitrary management. insider say that the policy might and next april or early 2024. before that, we'll see how the chinese government change is towns step by step. okay, so some hon reporting from taipei for us. thank you very much. so from in the business, same handbell. and from all just that all website do you have com slash business back in the spotlight of the world cup katara. we're traveling to the desert nation to investigate just how accurate are the allegations of life threatening working conditions, censorship,
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discrimination and environmental pollution. close up. next on d w as you've got any issues or thoughts there, we'll credit you for oh, every morning here in qatar, camels are taken out for their daily exercise. the small gulf emirate on the north eastern coast of the.

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