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tv   Business - News  Deutsche Welle  December 7, 2022 5:45pm-6:01pm CET

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from beijing also coming up the taiwanese chip jog or 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 kolber. 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 sparking 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 calls for confusion among people after almost 2 years of this very strict anti coven 19 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 in fact that 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. far 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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it getting transferred, took it, accounting center is over. also the fee of locked 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. delivered 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? a for the economic outlook for the worlds 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, of 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 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 in now this is a huge change and also for the economy, a big relief because am the companies we're also always in and clarity whether there will be a locked 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 ahead of that means 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 of as been from fox gong and i found city. and in jung, 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, the immunity within china's population is quite low. so could
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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 their 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 vaccinating the most vulnerable groups, then of course, the other health policy tragedy ahead to. but i think of course, the government is in a store 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 use at 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 cross over to our correspondence, so it's on 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 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 it to be able to produce it's on ships. so to push the supply chain, because director in set up factory is the way to do it, as i said, is not economic, but for the united states as 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? well, there are 2 types of chips order winds to power,
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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 he has mc entails, then 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 with 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 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 that ship 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 they also say that it will drive the brain drain of the entire technology industry in taiwan and finally hindered high one in its core competitiveness. shavers is that if setting up a t s m. c factory in the u. s. miss further decoupling from melon, 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 complex will go on in the future. g, w correspondence, so sorry, haven't i paid so thank you. farmers can be at the forefront of bio gas development and earn a good living from it. at least that's how it is and denmark, the journey from manure to bio gas to fertilizer could free the country of its dependence on energy imports in the future. take a look. it was easy to convince some of the toys that this business idea needs
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sense. 5 years ago, a bio gas operator asked him if he could imagine selling menu or thanks to the 160 calls in his care, now earns an extra 6000 euros from the main year business president go ahead of you as we used to drive them in your firewall 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 food 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 had been based on $9000.00 local bio gas plants at the individual farming and in denmark, we've been doing it using the green gas in
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a huge scale, large scale and well apparent like this will support around $20000.00 households only liquid manure, dung, and food scraps go into the huge tanks. and from this they produce bio methane, which is then fed directly into danish grid on site. it already accounts for 40 percent of the market. scientists say bio gases, imperative for energy transition. will be based a lot on wind, pearl and solar power. main to wind parenthood, merck. but what do we do for the electricity system? wind, the wind is not blowing in the sun is shining. the answer is gas turbines. on the green guess the by your gas business has another selling point. once the gas is extracted the brown mass of menu or 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. b o y lou from 2 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 towards nature and that you on when you are has so much potential says the farmer. in a few years, denmark seems 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 at www dot com slash business. i'm chris cobra. roland, thanks for watching. i was successful with ah, ah, with
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