tv Business - News Deutsche Welle December 7, 2022 3:45pm-4:00pm CET
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of live analysis from beijing, also coming up the taiwanese chip jargon not t as m. c is investing big in a new factory in arizona. we'll hear from our correspondent what that means for the relations between the united states, taiwan and china. i'm chris global. welcome to the program. china is backing down from its 0 coven policy. it is a move 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. this includes, among other things, allowing people with coven 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 highly unpopular, slowing factory output and spoken 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 issue with the w businesses clifford tuning in the studio and journalist fabia and catch mar in beijing. welcome to both of you 5 year. let me start with you. there's been some scaling back of measures in recent times, which is also been caused 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 and infected now you can cure them out in your own home. that's a huge change before just some we're 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 effort. and many people for many residents. why? because it brings a lot of, you know, predictability and to your everyday life. and of course the fear of, um, yeah,
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getting transferred, 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 m a. so i think it's really a big game changer. clifford over to you here in the studio. these locked downs obviously have taken a huge toll on the chinese economy. what does today's move mean? a 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 culprits 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 in november tray data, which is the worst import 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 in beijing a give us your view. how does this affect workers and china? well, of course, and now this is a huge change and also for the economy, a big relief because m, the companies, we're also always in and clarity whether there will be a lockdown off. there are facilities of their factories or not. now they can at least plan but, and 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 and hats that needs a lot of trouble. so, but basically the virus will be spread to other and other provinces. so of course, and 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, if you look at the trade numbers from today, which we're really disastrous,
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not only all the problems are linked to the 0 corporate policies, they're also of course, much more deeper structural province, the real estate prices, et cetera. so not everything will be solved with the change of the pandemic policy . no, clifford back to you are problems in supply chains. are these solved right now with today's announcement? and i think like fabi and says that and this, this goes some way towards fixing things, but it won't fix everything. and i think one of the most powerful images of the whole of recent weeks has been from fox gong. and i found city in, in john joe and which is one of the main supply chain center is providing all the apple products from there. and, 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 fabi and you mentioned the problems that my 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 care recovery? what 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. amanda 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 vixen ating the most vulnerable groups, then of course, the other health policy tragedy ahead. but i think of course, the government has an assault that they want to increase the vaccination rate and of course, allowing of the west and vaccines would help. but i don't see that coming here. so probably the government wants to rely on domestic fixings. journalist fabian catchment and badging and dw business clifford conan here in the studio. thanks to
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you both. taiwanese chip maker tiers m. c is expanding its semiconductor planned in the state of arizona, ballooning. it's investment in the facility to $40000000000.00 from initially 12000000000 years present job. i'm leaving the project as true for the u. s. is breaking dependency on foreign manufacturers for semiconductors. mr. by flew to arizona to celebrate the project, along with apple's c o. tim cook, he has m. c. you said the expansion would lead to the creation of around $10000.00 to take her jobs. the chip maker ave seduce i $600000.00 microchips a year in the twin facilities. yes. and she had made a $12000000.00 investment here in phoenix to build 1st fab to make semiconductors, united states. now the equipment is ready to move. for more let's come over to our correspondence, so it sung hand who joins me from ty paint. so how significant is it for tears m. c
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. to set up this new factory in the us chris? oh, it's a 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 trade 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 decide that they have to change the game. that is to be able to produce its own chips. so to push the supply chain, because director in set up factory is the way to do it, as i said, is not economy. but for the united states is a matter of national security. and it's something that the years frozen biden has also been alluding to. now, what does it mean for the global ship shortage?
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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 in large subsidies as an incentive. so after he has mc entails, then some endo r micron 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 with the u. s. ranking 1st with 9 new facts and china rank in 2nd with 8 new facts, so it will help sold the chip shorter problems around the world. and so what impact will this move have on the relations between the u. s. taiwan and china? well one byte is pretty happy about am made in the usa. china is very unhappy about the move blame in the u. s. for concoct in the chip war and claiming that he has
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and he is forced to cooperate, saying that t s m c will soon lose is autonomy and become u. s. m c. and basically it also says that it will drive the brain drain of the entire technology industry in taiwan and finally hindered high one in its core competitiveness. chanover says that if setting up a t s mc factory in the u. s. means further decoupling from mel 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. g, w correspondence, so sorry him entire period. 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 manure to bio gas, the fertilizer could free the country of its dependence on energy imports in the future. take a look. ah,
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it was easy to convince pharmacy to hoyt that this business idea emanates sense. 5 years ago, a bio gas operator asked him if he could imagine selling maneuver. thanks to the 160 calls in his care. now earns an extra 6000 euros from them in your business. but super heavy as 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, we build a system to join in, say to here. many farmers also signed up to this business idea on the danish island of hunan. they're 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 bio gas plants, an individual farming and in denmark, we've been doing it using the green gas in
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a huge k large scale as well. a plan 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 methane, 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 peril in solar power lane doing $400.00 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, guess the buy your gas business has another selling. once the gas is extracted, the brown mass of manure goes back to the farms to be used as fertilizer. the process makes the menu or more nutritious and it's free of carbon dioxide media. oh hi, larry punching in the future. our products we measured by their impact on the
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climate. so it's important we do something good and not just to soothe our conscience toward nature and the true on when you are has so much potential says the farmer. in a few years, denmark aims to be completely independent of gas imports. thanks to it's bio gas method. and that's a show for now. of course you can get more news and background information on the website as d w dot com slash business. i'm chris culver and roland. thanks for watching either successfully. with ah, ah ah! with
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