facing chinese graduates entering a jobs market is very few jobs. a state of business on robots in berlin. welcome to the program. germany kicks off, it's world cup campaign on wednesday, but d mannschaft as the team and known here, are doing so without one of them. major sponsors cut us controversial hosting of the competition on the german football associations approach to it has uneasy businesses loosening that ties with the tournament. it's the end of a 13 year partnership. german retail joined diva is ditching its advertising campaign with the 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 div a group chief executive line, also called fif us ban of the arm band that celebrates diversity. scandalous, nearly was headquarters in cologne, germany,

some pedestrians agree. those who had his anger, i wouldn't have caved in. i think it would have been good of that. i would have gone through with it this morning. i heard gave a counsel of the partnership. i think it's great, it's a strong statement. what sort of statement and all shall. i think it's unfortunate that we keep talking about politics during this world cup. let's just play soccer club. i think more institutions need to give this pressure. we can go on like this in soccer buddies, right? i mean, 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 more now joined by ham and ziemen, who's an author and founder of semen. cuba 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 a book. will some of them this time round be wishing that they perhaps hadn't bothered said may well be because we have

a clash of well use and cultures 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 p as a global football 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,

it's part of advertising and communication and brand positioning. but of course, it is perceived in society. it's leading to emotions on the friends of the side of the friends. busy 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 businesses, whether they should confine themselves to the business as such or engage in these,

the side law and political debates and conflicts. and i rather tan that towards the recommendations i'd say should be cautious about getting engaged in these discussions. i mean for me one, the 11 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 in people demanded from folk song that they close down their factory in the think young province in china. there the girls are not

quite treated by the chinese government food said help anybody. if folks land 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 a business. 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. 2.2 percent next year. it claims high inflation and warns of serious edwin trading interest rates, energy prices, and versus war, and you crime attorneys for the car. last crypto exchange, f t x se was run as a personal 15. the former chief executive, some bank when fried in the 1st bankruptcy hearing, they detailed,

ongoing challenges like hacks, missing 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 campus 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

a fantasy board game shop, but he doesn't earn very much money. doesn't that zebra shaw? if anybody tells you it's due to coven 19, and especially because of the strict hygiene measures, the job really only pays the bare minimum, is how the racial, whoever use 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 of all that i for many of us wanted 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,

which is at 58 percent. now there's a supply and demand problem to many well educated people for hire pain careers. professors young be out. research is china's young adult at the max planck institute in germany. graduates live in a vicious circle of competition. ah, it basically means that you put the more and the more effort. and the leslie. and it's a very tiring process. but the with no real meaning. and off to eat the referred to a situation that the you up forced in a pressurized to participate in competition without to end the end that 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. eugene mang spends 20

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. he's, i will call social equal to an 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 song, ha, who joins us from taipei. so a beijing's approach to managing caving 19 from remains the defining factor really of the, 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, roth, for half sir, most obvious impact we can see is how the policy hammered consumption in the world's number 2 economy in order to maintain the hall, i call of ours controls. local government finances have been in tight situations.

under the 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. we're thinking the, you know, the further restrictions are still having to be take a long after other countries of opened up. that raises a question, disney has 0 cove. it worked or it depends on how you look at it. even though many believe 0 call, the 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 fridge, our national health care system,

and increased the potential for social unrest. so there's no, so i'm turning back and interestingly for some, 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 economic development. so you get different answers. if you ask different experts, what you're saying, it sounds like almost 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 cove? it 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 called the policy by shortening the isolation days for the covey patients and adjusting the classification of am,

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 tones step by step. okay, so some hon reporting from taipei for us. thank you very much. and that's all from the business. same hand berlin from all just that all website do you have com slash with ah, with

ah sh species conservation, the panda. but what about animals that are less cuddly? they often find themselves on the sidelines. researchers want to change all that and call for more courage to be ugly. step aside and in 30 minutes on the d. w. the crime scene is a highway outside to the victims are ukrainian civilians. but to all the perpetrators, investigators find clues leading to an taurus russian army unit.

reconstruction of a war crime, death, friend, who is 75 minutes on d, w. making the headlights and what's behind them. dw news africa, the show that was the issue, shaping the continent. life is slowly getting back to normal here on the street to give you in the report on the inside. our correspond that was on the ground and reporting from across the continent and all the trend stuff. the mazda u t. w is africa every friday on dw, if re details for us and for our planet. global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect habitats?

we can make a difference. global ideas, the environmental series in global $3000.00 on t, w and online ah ah, is a dw news live from berlin, russia, a tax infrastructure sites across ukraine. russian rockets hit residential buildings and knock out power and heating and several cities even causing blackouts in neighboring, moldova also coming up on the show, the european parliament under cyber attack from a pro.