tv Business - News Deutsche Welle December 7, 2022 11:15am-11:31am CET
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ah, chris, you're watching t w news. a reminder of our top stories this, our german police have arrested 25 suspected members of a far right group in connection with a plot to overthrow the state by force. it being called the country's biggest anti terror operation. since the 2nd world war of next business news, if my colleague chris cobra, to stay with us, if you pay for that, i'm sarah kelly and berlin, thanks for watching pickup with the breeze. ah, they have body and soul. the houses that daniel rebus can construct for more than just building. ah,
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you have to be radical. that's a radical mean. go back to the room. he is the son of jewish holocaust survivors. how lucky that i was able to build the dressers in berlin is architecture is a celebration of democracy and i won't building. the biggest thing in the world is the spirit of an architect of emotions. this kid starts december 25th on d, w ah reject formalism and bureaucracy. china's health authority tells local leaders as it eases cove at $900.00 quarantine rooms. it is the strongest sign yet that the country is preparing people to live with the disease. we'll have more from our
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correspond also coming up highways chip jog or not t as m. c is investing big in a new factory and arizona. we'll hear from a forest one and what that means for the relations between the united states, taiwan and china. and chris global, welcome to the program. china is backing down from its 0 covert policy. it is a move that investors on financial markets and company heads looking at strain supply chains have been waiting for. the chinese cabinet has rolled back its toughest measures against coven 19 and a 10 point plan, which includes, among other things, allowing people with co 19 to isolate at home, rather than in state facilities. if they have mild or no symptoms, plus they no longer need to show tests. for most venues. the policy was unpopular, slowing factory output and parking protests in more than a dozen cities across the country. and these 4 tests,
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apparently having an impact there. let's talk more about this with d, w businesses clifford tuning in the studio and journalist fabia and catch mar in beijing. welcome to both of you 5. yeah, let me start with you. there's been some scaling back of measures in recent times, which is also been cause for confusion among people after almost 2 years of this very strict anti coven, 19 a policy? how have people been reacting to today's announcement? well, i would say the confusion is over now because now the new rules are implemented nationwide and they are really very remarkable. when you have mild symptoms, an infected now you can cure them out in your own home. that's a huge change before just some we days ago who are basically transferred to a current in centers. also the locked dance have been suspended, the city wide testing. so that is a huge relief for many people for many residents. why?
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because it brings a lot of, you know, predictability and to your everyday life. and of course, the fear of them. yeah. getting transfer took her to accounting center is over. also the fee of lock downs is basically over. and also the daily hassle of waiting in front of her p c r t s station is over. and so i think it's really a big game changer. clifford over to you here in the studio. these locked downs obviously have taking a huge toll on the chinese economy. what does today's move mean for the economic outlook for the world's 2nd largest economy? well, i think you can almost hear a collective sigh of relief among all the ad, the corporate, or who have anything to do with china, or domestic and international. because this has been a real burden for them. and just the extent of how big a burden it is, we saw with the november tray data, which is the worst in 4th and export figures in 2 and a half years. pretty much since the since the, the locked downs really began in china. so they're going to be very pleased that that, that, and there's at least clarity and that also that slowly things are,
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can start to get back to normal fabi on back to you and, and beijing. a, give us your of you. how does this affect workers and china? well of course in now this is a huge change and also for the economy, a big relief because am the companies we're also am always in and clarity whether there will be a lock down of there are facilities of their factories or not. now they can at least plan, but let me be clear, the next a months could be painful because the transition of course will not be easy, will not be smoothed. now we also at the beginning of the winter and with, you know, chinese new year hats and that means a lot of trouble. so, but basically the virus will be spread to all the other provinces. so of course am there is a lot of a feeling of uncertainty. we don't know, and where this all will lead us. but definitely on the long run, i'm sure that the companies, the economy will keep going. but let me emphasize also,
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if you look at the trait numbers from today, which were really disastrous, not only all the problems are linked to the 0 corporate policies, they're also of course, much more deeper structural problems, the real estate crisis, etc. so not everything will be solved with the, a change of the pandemic policy. i clifford back to you, our problems in supply chains. are these solved right now with today's announcement? and i think like bobby and says that and this, this goes some way towards fixing things, but it won't fix everything. am i think one of the most powerful images of the whole of recent weeks of as been from fox gong and i phone city. and in jung, jo, ann, which is one of the main supply chain center, is providing all the apple products from their am. and, you know, we saw the protests there and all the difficult as they had there. and getting these things back on stream is going to be a slow process and it's going to be one that am is going to be extremely difficult . i think fabiani, you mentioned the problems that might, may lay in the transition here. now we know that term,
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the immunity within china's population is quite low. so could a slow vaccine drive a slow vaccination drive now endanger the economic her recover? well, definitely the vaccination drive, that's not the most important thing that i think the government has understood that the goal is now to increase the booster rate among the over 80 year olds from now 40 percent to 90 percent until the end of january. that's a very ambitious go, but if that's necessary, if there's really not an increase of exxon ating the most vulnerable groups, then of course, there's a, a health policy tragedy ahead. but i think that, of course, the government has in a store that they want to increase the vaccination rate and of course are allowing of the western vaccines would help. but i don't see that coming here. so probably the government wants to rely on domestic vixen's. journalist fabian catchment
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emerging and d w a business clifford conan here in the studio. thanks to you both. taiwanese chip maker t as m. c is expanding its semiconductor planned in the us state of arizona, ballooning. it's investment in the facility to $40000000000.00 from initially $12000000000.00. yes, for the job, i'm labeled the project as proof of the u. s. is breaking dependency on foreign manufacturers for semiconductors. mr. buy food, arizona to celebrate the project along with apple's c o. tim cook, he has m c s at the expansion would lead to the creation of around 10000 to take jobs. the chip maker aims to produce 600000 microchips a year in the twin facilities. now here's some of what the u. s. president said g s m c had made at $12000000.00 investment here in phoenix to build 1st fab to make semiconductors in united states. now the
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equipment is ready to move from orland crossover to our correspondent thought, song hand who joins me from ty paid. so how significant is it for tears m. c to set up this new factory in the us? chris? it's very interesting question for t s. m. c, they don't have a particularly good reason to do it. when the cost will increase and labor force is more expensive in the united states, we should probably ask, how significant is it for the u. s. a to have a t s mc factory. it can be traced back to the tray war between china and the united states. and there was the pandemic and the war between russia and ukraine. all these uncertainties from the united states to this site that they have to change the game. that is to be able to produce it's on ships. so to push the supply chain with constructor in set up factory is the way to do it. as i said, is not economic. but for the united states is a matter of national security. and something that the years frozen biden has also
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been alluding to. now, what does it mean for the global ship shortage? well, there are 2 types of chips order winds to power. automobiles and home appliances. and the 2nd kind are those used in advanced technologies like a i or robotics both were in serious shortage, especially during the pandemic. now the u. s. government is a leading and a strongly promoting local fabrication of wafers over enlarge subsidies as an incentive. so after t s m. c entails them, some endo, our micro will follow suit with new facts in the u. s. and there will be 41 new factory like this world wide in the next 3 years, where the u. s. ranking 1st with 9 new facts and china rankin 2nd with 8 new vats, so it will help sold the chip shorter problems around the world. and so what impact grill this move have on the relations between the u. s. taiwan and china?
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well one byte is pretty happy about am made in the usa, china as very unhappy about the move blame in the u. s. for concoct in the chip war and claiming that he has empty is forced to cooperate, saying that t s m c will soon lose is autonomy and become u. s. m. c. and beijing also says that it will drive the brain drain of the entire technology industry in taiwan and finally hinder taiwan in its core competitiveness . chanover says that if setting up a t s m c factory in the u. s. means further decoupling from male in china, taiwan semiconductor industry would eventually be hallowed out. so we can only expect us china, taiwan relations to be more and more complex and the conflicts will go on in the future. dw correspondence, so sorry him and i paid so thank you. farmers can be at the forefront of bio gas development and earn a good living from it as at least that's how it is in denmark. the journey from the
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nor to bio gas to fertilizer could free the country of its dependence on energy imports in the future. take a look. ah, it was easy to convince pharma be to hoyt that this business idea made sense. 5 years ago, a bio gas operator asked him if he could imagine selling menu or thanks to the 160 cows in his care, now earns an extra 6000 years from the manure business. person go ahead, we live, we used to drive them in your far out to the fields to day, the trucks just go to the bio gas plant. so we didn't have to rebuild the system to join in for to say to here. many farmers also signed up to this business idea on the danish island of hoon in there now supplying bio mass to the plants, the company nature energy is the top dog among denmark, fire gas producers. instead of a bunch of smaller plans. they are going for scale in germany we have been based on 9000 local. busy bio gas plants at day individual farming and
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in denmark we've been doing. busy using the green gas in a huge scale, large scale where the plant like this will support around $20000.00 households, only liquid manure, dung, and foot scraps go into the huge tanks. and from this, they are produced by omi thing, which is then fed directly into danish grid on site. it already accounts for 40 percent of the market. scientists say bio gas is imperative for energy transition. will be based a lot on wind, pearl and solar power. main to wind power under mark. but what do we do for the electricity system? wind, the wind is not blowing, and the sun is shining. the answer is gas turbines. on the green gas, the via gas business has another selling. and once the gas is extracted, the brown mass of manure goes back to the farms to be used as fertilizer. the process makes them in your more nutritious and it's free of carbon dioxide.
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we'd be only from 2 in the future. our products, we measured by their impact on the climate, so it's important we do something good, not just to see with our conscience towards nature and that you on maneuver has so much potential says the farmer. in a few years, denmark seems to be completely independent of gas imports. thanks to its bio gas method and that social for now, of course, you can get more news and background information on our website at www dot. com slash business. i'm chris culver. amberlynn, thanks for watching other successfully this is house the say sound with didn't really on sale as a silk format. he is invested in looking to his business idea. so once the
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sustainable fashion waiting switzerland spending we are no. so the thread is in high demand that keeps up d dot a saxophone operator, who or her master's thesis on potato, raring to read a, not the turn on. well, it gets more ridiculous from their d. w literature list a german must read. these hungry silkworms are eating their way to sustainable fashion for switzerland, their owners of venturing into siri culture breeding silkworms for swiss silk.
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