serbia is russian l i and the you know, take her take advantage of the situation. that was d w's. balkans expert, man. yeah. rich say tune for d w business now with stephen beardsley. i'm nick spicer. thanks for watching. ah ah, the question of questions about life, the universe and everything to you the answer. well then give it here. 40 to the answer to almost everything our

documentary series with lever raising and ground breaking on his chin. chemical and the after life. are we getting dumber and dumber? how can we feed everyone? questions for the present and future emp heads filled with ideas. so get ready for the brain update. 40 to the answer to almost everything starts january 15th on d w. ah, i've seen beardsley in berlin. here's look at our top stories. china wants to revis economy back up in 2023, and revamping signature for an investment project. the belt and road initiative can europe and the west compete. rising prices have is looking for supermarket

alternatives. now expired foods or products pastor shelf, date, or hot business. also on our show, oregon oil is a popular product and the cosmetic aisle, a can production of the age old ointment, almost exclusively morocco. and to keep up welcome to the show. china's plan to reopen its borders next year, continued to make a big impression on investors. on wednesday, asian markets worry particular about what it might mean for global inflation. the china wants to repair its economy in 2023 is hardly a secret. it's quickly removing. pandemic measures and promising economic stimulus next year also marks the 10 year anniversary of beijing. launching its belt and road initiative. she gene pings massive infrastructure. building plant has also faced hard times from defaults to delays to growing skepticism among other countries. now it also has competition from the e, u and g 7. at the port of hamburg, almost every 3rd container comes from all goes to china. in order to remain

attractive for large container ships from the far east. germany's largest seaport wants to build more berths for giant freighters. the money comes from chinese state owned costco shipping company. it bought a 24.9 percent stake in one of the ports 4 terminals 2 months ago. costco had already acquired steaks in 14 european ports, but in the wake of russia's war in ukraine. the hamburg deal came under fire, many lawmakers in berlin fia chinese access to critical infrastructure. and that the project could lead to a problematic dependency, akin to german reliance on russian gas. tensions between the e you and china were already growing amid beijing's sharper nationalistic turn. and it's suppressive policies in hong kong and the western region of shin jang for it's prestigious belton road initiative. china finances infrastructure projects in

a 140 countries for almost one trillion euros. the e u is trying to counter this with a budget of 300000000000 euros for its own project called global gateway. the european union names to invest in infrastructure projects in emerge again, developing countries with a focus on sustainability, environmental protection, and fair competition. criteria that play no role in china's bills and road initiative. chechnya is our correspondence in taipei church where the belt and road initiative was conceived of as a kind of jew of she, jim pings foreign policy. but we've seen that his fortunes have changed or been challenge in recent years. and especially since the pandemic, what can we say about it right now? yeah, so right now, you know, steve and so far we see no science that china is going to shape the this foreign policy a way you know, it's worth noting that 2023 marks 10th anniversary of this in leash 8th.

and just few days ago, china mentioned that in 2023. many are looking forward to that 3rd belt and row for him for international corporation. and before that, chinese preston. she didn't ping, he also strasse to european. that china well comes the easiest participation in belt and wrote cooperation for grant her synergy with the east global gateway strategy. so we can see a china as expected to push for at bell to remote still in the upcoming year. we mentioned that port in hamburg cost goes, bid for a stake in that terminal divided. the german government are more countries wary of chinese investments or are they may be attracted to it during these tough times. yes, steve and i indeed more and more countries are actually more we that they owe 10

bro. initiative might be poison coated with sugar and exec except for the hamburg cast. i. you've mentioned another key. incidence is free lancaster bankruptcy this summer, as aroused widespread awareness of the potential risk of china step trap, diplomacy. and in this month, saudi arabia and placed in have separate. he announced to deepen the corporation with china us beltane road in the 8th, while she's visiting the country. so you know, it's still very horrible los country to say no to such an attractive embarrassment from the 2nd largest economy in the world. we've heard a lot about western attempts to answer the belt and road initiative to what extent can european and g 7 investment really approach the levels of chinese state spending? is that even comparable? oh yes, you know, it's really hard to say by some asper cease 2023 might be

a good time for the europe, you know, to compete with the chinese bow time ra belltime road initiative. because, you know, china is now facing colby anti economic troubles. but ellison type, you has also been faced with some doubts. it's been a year since the project has been announced by, according to li excerpts sing by the media, this laugh on their land, le preston, every european commission. she sat in a recent meeting that like global gathaway project, still suffers from lake of visibility, recognition, and sound, visible hard infrastructure projects. and besides your cro wall and a debate within the you, members may also hinder the progress of flip projects. so we can say that in 2023, the competition between you and china might be hitting up, but it's still unclear who's gonna be the window. all right,

that's chuck junior in taipei. thank you. let's take a look law. look now at some of the other business stories making headlines. despite sky rocketing energy prices in a growing shortage of skilled workers for an investment in germany, remain stable during 2022. that's according to the head of germany's federal business development agency, germany trade and invest. you said that in an interview with reuters, a foreign companies investing in future technologies like semiconductors, battery production, and recycling, helps maintain the status quo. vladimir putin says he's banning oil exports to countries that have a price cap for russian oil that use of a nation's the you and australia have all pledge to paid no more than $60.00 a barrel. in an effort to lower rushes income as the country is fighting a war and you create the benchmark price for european natural gas fell tuesday to was lowest price since june. the t t a future is contract for dutch gas has been trending downwards in the middle of the month. prices hit record highs in the

summer when a supply stop of natural gas from russia. sent the markets into turmoil. the data of 400000000 twitter accounts put potentially be at risk, including email addresses and phone numbers. the legend hacker published the information of 37 prominent figures such as politicians and journalists to prove that the breach was real. he said that a pit of twitter paid him $200000.00. you would give that data back to the company or all generally, where the expiration date on food packaging is an iron clad rule. oftentimes packaged snacks and drinks are perfectly good. well beyond that date, but that's an important distinction in the u. k. at the moment, food bills there are rising eating in the household budgets and making food banks more important. but food banks are not allowed to accept or give out expired products. that's leaving a gap to be filled. take look salty chips past their expiry date, honey mustard, also

a bit older. everything here is expired. everything here is cheap. that's dan parts . those business idea of their house near birmingham is bursting at the seams in the u. k. the market for expired food is booming. 7 years ago it was something 30, something that freak loaded done because so i wanted to save money on my return. she didn't have the disposable income. we're in the loss of me as we've seen a big shift. most customers receive the product by meal. keith mccallion picks it up himself, chips, soda, and chocolate for his grandchildren. food prices have gone up in the u. k by around 11 percent. i think there's no doubt about it. people will, it's really hidden. everybody i see in my line of work, people are really, really keeping an eye in a penny. so for some, it's all about saving money for others. their primary goal is to reduce food based . dan has about 16000 items in his collection. a delivery has just arrived with

assorted supermarket goods. dan also requires snacks with incorrect labels or from food banks that cannot distribute expired product. insulted crazy example of a bus before by february 22, where a clear air freshener of his quality isn't gonna degrade. down doesn't sell anything fresh, only packaged goods. the quality check takes place in his office kitchen ships from 20 to when you want them. still quite chris, i still find the best seller though, is this ti? 2 and a half years old? the box usually goes for about 17 euros, and here it's available for $0.70. okay, well i never heard of it, but perhaps you've noticed that in the cosmetic i'll organ oil has been used for centuries for skin here. now it's popularity, and a drop in production is driving prices up,

extracted from the seeds of the ripe berry fruit of the argon tree. argon oil is world famous for its qualities and has become a house. what name for hair and skin care. the oil finds its home in the southern region of morocco. however, a decline and production resulted in an increase in price. jo, how the, how early before corona, we used to produce about 10 tons of organ oil. but after the pandemic, we started producing $2.00 to $3.00 tons and due to the high cost of the raw materials, it's price, which was approximately $60.00 durham city, is now about 100. darrow michigan or even yacht would let in that there are 2 varieties of argon oil, one that we find in many cosmetic items and another which is edible. these qualities make ogden oil very attractive yet years of drought, very little rain shortage of workers. and middle men would much power threatened or oil production system. those were part of the industry and morocco,

fear that they may not be able to justify the climbing prices for the oil. but with many market research as optimistic arguing oil may still be in your life. just a little bit more expensive than it was or kenya has halted the export of the country's famous bay about trees, the massive plants, some of which are 2000 years old, used to be popular worshipping sites. there also climate resistant as they save large amounts of water in their giant trucks, but or poverty stricken farmers. they have no economic benefits. and that's why recently trees were approved and sold the need to botanical gardens. under kenyan law, the be about 3 is not a protected species, but the government is now getting involved to make sure there's no negative impact on it's by adversity. where's reminder of a top business story? china pushes on with its belt and road initiative. the global infrastructure

program has based hard times defaults, construction delays and more skepticism from partner countries. that's it for shown to be back later with more in the meantime, checks out a line t w dot com slash business to watch a new home in the arctic. all are welcome and long year man. no work visit require people come here for good salaries and breathtaking business.

life in the arctic is hard and freezing cold. welcome to pittsburgh and close up. next on d w. ah, we got some hot tips for your bucket list. ah, magic corner chat, hot spot for food and some great cultural memorials to boot d w, travel off we go. ah, if m regatta left the warmth of the philippines to settle and i see spot bought me . no, it's okay. as long as i work and then they can add up that and on. yeah.