to night or any time soon than you barcelona in could tar. daniel. thank you. you are jenny w. news, rob, what will be here next to the w business news and the economic impact of the protest in china. i'll see you tomorrow. if you ever have to cover up a murder, the best way is to make it look like an accident. raring to read. ah, you've never read a book like this. to literature list under germany last reads.

oh discovery stories. change your mind just to click away, find out best documentary on you to see the world. i already tried now. t d w documentary oh, beijing clamps down on the biggest protests in a generation. angry citizens have had enough of china 0 cove, a policy, and its impact on their lives and the economy. a good these buildings just outside of do by provide the green alternative to the fossil fuels on which the city was

built. this is day to be a business on robots in berlin. welcome to the program. global stock prices and oil prices have fallen as china witnesses. it's most severe civil unrest. in decades, tony citizens have been demonstrating against the country's strict strategy to contain coven 19 cases, which is taking a harsh tone on lives, but also on the country's economy. not since the pro democracy rallies of 1989 has the government in beijing faced such descent. from its own people, the simmering anger of many people in china is boiling over. more now dare to take to the streets. the fox con worker's uprising is transforming into a nationwide protest. people can no longer stand the long and frequent locked downs . chinese citizens are demanding relief from government rules for and i don't don't on the one, we can live

a normal life only if they eat the actions. otherwise everything will come to a halt. how many people have the savings to support themselves if things stay this way? and even if you have money to stay at home every day, that's not true. living that's lingering on the last breath of air. experts believe that the wide spread locked downs endanger the country's economic progress. president choosing ping and the communist party are currently driving china's economy into the wall. warns british economists george magnus, the coolant. joiner, of course, is that the communist party is very rigid in its view and very controlling in its attitude to everything, from industry to the economy, society and everything you can think of. so the problem if i want to kind of encapsulate it really, is that china's development model in which the legitimacy of the communist party is based at home. and also to some degree in the big,

wide world that development model is, is no longer fit for us. although many companies are still earning a lot of money. experts predict that china is losing its luster as a valuable partner in the global market for companies to be able to, to now kind of look at other countries in asia and beyond. for changing the supply chain sort of taking decades to, to build up. it won't happen quickly, but i'm pretty sure it is starting to happen now. it's not just the impact of the locked downs. there are other problems of china's own making. the real estate market, which makes up 30 percent of china's economic output, is in deep crisis. the government has put the brakes on the successful tax sector. it has become too powerful. growth is slowing, and international investors are withdrawing. the government's goal of becoming the world's largest economy is receding into the distance. i can now speak to marina

road, jack, who is a china specialist at the university of heidelberg, thanks a lot. johnny is on the program marina, and how much all these economic considerations playing a part in the discontent among people in china at the moment? well, i certainly do play a role if you remember in the summer that was a real estate crisis. people stopped paying their mortgage just because they were afraid they will never get to see the less they are paying for them was a crisis with access to bank accounts where people were protesting in front of banks saying no savings, no human rights, but it is not the only reason why people are promising, but as the economy slower is used to say that, that, that dream of china being the largest economy in the world, sort of slipping away as well. how much of president she's in things ability to cling on to power. so far and keep extending his terms has been down to the performance of the economy. well, if you remember,

and one of the, you know, founding miss of the party was to make the people richer. and since things still thing, the consensus with the people was, you know, we make sure that you are better off economically and you stay out of politics. and this seems no longer to work. certainly not for the younger generation that was born after the 19 eighties and this, that is experiencing and economic downturn and the limitation of their rights. the since the bowling over there with the protests against the 0 cove, it seems to be sort of the focus of the anger as it were of is there any chance of 0 coverage policy being dropped though? because of the process or because of the economic impacts. well, the party is in a very difficult situation. on the one hand,

china does not have enough intensive care bad capacities. the level of vaccination is fairly low. and the effectiveness of chinese vaccines is also lower than the one western vaccines. on the other hand, now with the people protesting, it's very clear that the government will have trouble continuing the policy as a days. so i think what we can expect is, you know, selective responses to what the people are asking for. also to make sure to separate the anti corporate protests from the protest against the governance and of the government. and i guess we have to see where these protests go and how they developed and we are in a reject from the university of heidelberg, thanks a lot. joining us here on the to me business. thank you for the us now. when airports have seen the busiest day since,

the current of ours pandemic began the transportation security administration. so that screened 2560000 passengers on sunday, as people made their way home after the thanksgiving rush. that is the highest figure since december of 2019, not quite as many as the last free pandemic thanksgiving back in 2019 on this, let's bring in our wall street. corresponding dns courts are joining us from new york. yeah. and it's the asian industry in the us back on it's feet now. now up, the business is definitely back. we've already seen it in the 3rd quarter that some of the big airlines here in the united states had record revenue figures, even if we still have a few less of flight than in 20 might 900. before the pandemic game hit, then that we have lots of flights actually depends that there's still a shortage on flight attendant for instance, or also

a pilot. so what we can also see here that there is a lot of pent up demand and there is the wish for people to travel and they are obviously willing to pay almost every price, at least. if you look at the month, i believe it was in september, october of treble or ticket price this year in the us were about 40 percent higher than in the year prior. so that is definitely also something that the big airlines profiting from. and even if the news that travel pretty much suspects did not translate into a higher stock price to see on wall street, at least in the monday session, the perhaps another signifier in how the us economy is doing in the festival of consumerism. i suppose that we've just had, we just had black friday. we're seems to last longer every year. and cyber monday, of course, have americans been spending big this year? i mean, robbed thanksgiving has done and over with sir saw

a meaning that the holiday shopping season is in full swing. and so far it does look like the u. s. shoppers are still willing to spend on black friday alone. americans are paid about or even more than $9000000000.00 on line. so that is an you a record. what is definitely interesting to see is that people are spending that is a good sign for the overall u. s. economy. but people are also spending more on a credit. there is this by and i'll pay later method or also if you look at the credit cards, i mean all of those a debt is rising. so of, for now, there seems to be an urgency for one side from retailers until got the products out for consumers to shop. but the big question is, is that trend can hold if we might be looking at a possible a recession in the next couple of months. okay, ends. quarter kneeled for us. thank you. now, de covenant zation scene is essential to saving the planet from catastrophic

climate change. countries across the world are encouraging investment in green technologies that also goes for those nations who have built their economies on fossil fuels. united arab emirates is among them divide. this glittering city was born out of the profits from oil and gas. now do the emirates one to become pioneers of renewable energy, with plans to produce a quarter of towards green hydrogen. the sun drenched city is surrounded by swats of desert on which the works. largest solar park is being constructed. it's low cost green energy in abundance, and it helps power to 10000 square meter hydrogen plant next door. hydrogen is produced here using a fairly simple process. first tap water is purified and disseminated. it's then heated to 60 degrees before being fed into the center of the plant. it is then

split into oxygen and hydrogen. the oxygen escapes while the hydrogen stores energy for power and heating. hashem is maya says the past 2 years have proved very his truck to. many lesson was learned. we learned the different maintenance operation procedure, the safety procedure. we learned how are different level of sense of need to be at least a different location. we also train a moderate is ah young, marty to handle the future. here at to plant, the hydrogen is burned and channeled into the biased power grid, producing enough energy to power $500.00 households. and this is just to start says fog water while the avoiding his industry. and because we want to develop his industry often and that requires courage, courage,

which all involved parties him muster together. now the aim is to go further and set up many more such plants, female, also mahan, windows female. so she put up to launched, acknowledging the gas can also be exported, but only once it has been cooled and convert it is possible, but costly. germany is keen to do business with the emirates, but the novel technology is big breakthrough will likely still take some time. now, so from in the business, steam here in violin until next time. take a few . do you like it? do you want it? okay, then buckle up, put the pedal to the metal and let's ride with

red. next on d w. the exclusive interview with german federal president stein meyer discusses his upcoming trip to the balcony and his thoughts on the war in ukraine. godsa dying is in dimension india o'connor. mo tish angus yields for stones ish. deborah dorgan the interview is 60 minutes on d. w. a and german with d. w. at any time in any place using

video, nevada. we have, i look like a bit of phones to sing along to download as the combo t from super. that one's easy to tie a varied courses put into active exercises are available at d, w dot com slash dot klent on facebook. oh, in the app store like lemme gym and for free for you today own read, celebrating 40 years of the open car. so i you kind an app but encourages right sharing and a greek island where e these are key to a carbon neutral future.