3 could see semiconductors provide a major pass around arrival super powers. this is database business on robots in berlin. welcome to the program. china reopens it's doors. international travelers have been leaving and arriving in the country for the 1st time. in almost 3 years, there were long queues today or says families rushed to reunite, having not seen one another. since, before the pandemic hit, the reopening is expected to provide a major piece to airlines and the global economy. however, or i was in china still need to provide proof of a negative cobit 19 test. as the chinese travelers landing in many european countries. as a discuss this further, let's cross to asian journalist andrea bait, andreas. good. have you on the program as ever. how big a deal is this reopening of china for the global aviation sector? it's supposed to be a very big deal because the missing puzzle piece so far to get back to normal. t

after the pandemic was really the opening up of china. and as recently as december, yeah, the global scale kerio organization. just forecast only a very slow opening up of china, probably by the end of 2023. there's basically very good news for the industry. however, we now really have to see how quickly the international, the global lines can benefit from this. as we just hearing about all these new barriers going up with require test everything. so it's a question really how quickly this would show in demand to demand. this is actually one of the things that turned out to be a problem last year was that demand more generally bowed wide, came back quicker than airlines and efforts were prepared for will they be sufficiently prepared for the chinese travelers to once again be entering the market but in general, the industry has bounced back quite nicely and quite rapidly after the pandemic, which was even surprising to most industry observers on the chinese side. that's

the good news. all the carriers in trying that would have been heavy enough making recently of course it was kind of a market when basically frozen on 222-1900 level, one of the 0 koby politics there. and the trying to carriers kept all the planes that kept most of the staff so they could be prepared fairly well as it would seem with the airport there. and of course, in europe the truth industry and why this is really bracing, while it's expected chinese delude or travelers before covered, there were 155000000 attorneys pending traveling abroad. this might be a bit slow down now because many chinese needs need in your passport and that's a big problem. but trainees obtain these right now. you mentioned about the restrictions and i mentioned about them as well. the ones, a lot of chinese travelers are landing here in europe. i also the global variation body and made quite clear was not a fan of these restrictions. how much of a down or is that going to put on the the benefits for the evasion sector?

yes is meant to be seen. i mean cause it's a bit of a unwanted thing to see barriers go up once again what you want to look over. basically of course it's understandable measure of precaution from your p side in the asia ada pacifically. just all the countries are open to trying to service out any hospital. they probably would definitely go 1st to the asian, neighboring countries. but you have to keep in mind that europe was the biggest chinese long hall market before cobit so it's supposed to be a very big interest and requested we may remain to be seen right now, is how quickly will the western carriers get up with their frequencies again, to refer to china as that to see how quickly european business travelers also tourism bond with back to china. of course is a 2 sided game and something is how to predict, right, know how long it will take before the present them it bevells can be reached again . thanks for doing a better look into the crystal ball for us anyway, andrea faith,

their education journalist. thank you. let's take a look at some of the other global business stories that making the news. millionaire jack myers giving up control of china's largest fintech platform and crew which he founded. chinese regulators prevented the companies planned i p o 2 years ago and have since clamped down on china's booming private sector. and group says, no individual will have overall control and is of work as a class with police at a factory in central china where cove it rapid energy kits are produced. g location data shows videos posted to social media, were filmed at a i, b o factory in john ching online uses. the process was over, wages and nail and goldman sachs says it cuts $3200.00 jobs more than a 3rd of the codes. so likely in the lenders,

core trading and banking earlier us banking piers, morgan stanley and city group also cut thousands of jobs as they expect a weaker economy. this now is becoming a major battle ground for rival superpowers. the race is on to secure dominance of the world's supply of computer chips. a global shortage of semiconductors has shown how important they are to the global economy and the u. s. is determined to take control. oh, she is a co founder of 2 c. 82, it's a small start up birth from the labs of the university of virginia in the us. they're developing cutting edge semiconductors, also called chips. the red box as are she the laser there to our parts with an inside this chamber. okay. environmental chamber, there is a very small chair. the cool thing is that everything here is at room temperature.

and now other than the chip to be don't me and is that she works with hussein's id, the c e o of q c o 2. sadie says q c, 82 ships may be microscopic. we can have a big impact. that's because they'll be used for quantum computers. these computers can do things like simulate the movement of atoms and molecules. this can help lower the cost and speed of manufacturing drugs. but much of the work that hussein su ye and the rest of the q c to t does is theoretical and it can be hard for a start up at so future focused to get funding in resource intensive initially time ah, money, labor intensive in the beginning but it also leads to much more scalable technology that has much more longevity. but their vision may be getting more support thanks to the chips and science act. it's a $280000000000.00 technology package designed to grow the chips and high tech

industry in the united states. the thing is, though, the act was signed into law in august of last year. funding hasn't actually been drawn down yet, but it's still driving interest and investment in small semiconductor startups run out of research institutions just like q c 80 to richard chillen works on funding for many young, high tech start up slenderness. suddenly, we have companies whose odd technology is related to some nectar industry and suddenly they're finding a lot more investors wanting to talk with them. interested in about having conversations with them about funding their next round of technologies. the chips and science act is already bringing in $200000000000.00 worth of private investment to the industry. blacks, according to the u. s. semiconductor industry association, semi conductor of factories in syracuse, new york, and tells rusting $20000000000.00 do the same. and ohio de q c,

$82.00 teen produce their 1st ship prototype without billions of dollars. it's an accomplishment that they're proud of. regardless of what might con, you're literally pushing you unknown a little bit further. it's like, of course we want to, you know, make the plumbing appear to work eventually. even if it doesn't happen as long as we push it to, we push a technology to what human being and possible push it to if it does work to ye hussain and the rest of the q. c. 82 team want to take things even further. one day they hope to design their entire range of products from start to finish on us soil . that is, if the chips and science act delivers on its promise. well let's dig a bit deeper into the global ships, rice and speak to richard gordon, who is semiconductors and electronics laid out a consultancy. god now is great to have you on the program. richard, i semiconductors have become a major focus of competition between super bows. evans now why exactly is that

though? yeah, governments around the world have realised that semiconductors are critical to the global economy and are actually becoming a national security issue. so what's going on at the moment with the industry? my strategic point of view is that the a globalized nature of the industry is kind of unraveling. and it's being rebuilt along with tech, no nationalism lines. so each, each show power block. if you like us, you can even have it took from our old china leader below the semi country industries on the market, a domestic or, or nationalized abuses. we're hearing how, you know, the u. s. is investing hundreds of billions of dollars in teary boosting its domestic semiconductor industry over the next few years, or in his main global rival, these days is china of course, house china gonna respond to that a lot of spending oh yeah,

this is a probably the most critical or interesting thing in the industry right now is higher the, the same exact industry, investment and technology roadmap is going to play out. you know, up to now it's been, as i said before, fairly globalized. but the u. s. is trying to, to regain technology leadership over china and trying to restrict technology into china. so china has a couple of things. it can do 1st of all the short term. it can invest in legacy technology or where the u. s. is not restricting access and longer term it can develop its own leading edge technology. that's a much bigger challenge that are some particular critical piece of equipment that china needs to, to have access to or to develop itself. and that's going to take a long time. you know, 101520 years to, to develop that, that domestic inability for china. so the task ahead for the u. s. in san jose, very different on the semiconductor shortage that we've seen as

a result of the current of ice pandemic is the reason why they realize that it's so important to have a you know, a reliable supply of semiconductors, isn't it? is that semiconductor shortage? going to continue through 2023 a week nearing the end of now. yeah, this gets to where we are in the industry cycle and, and as you mentioned, you know, the last couple of years we've seen shortages somehow and industry grew very strongly in 2021 from a revenue perspective. this, this last year 2020 to that growth, to slowing down rapidly. the chip shortage is resolving. i wouldn't say it's completely resolved yet. the still a couple of ships that are slightly a problematic from a lead time availability perspective, but it is resolving and the industry this year 2023 will actually decline and revenue terms. and that actually is quite an interesting for a timing point of view. you know, we talk about all this money being thrown but industry by governments, but the industry isn't ready to invest it yet in capacity because of where we are

in the cycle. so we'll probably see them back pedaling a bit or, or, or, you know, being less aggressive on, on capacity additions until the industry kind of gets back into equal equilibrium equilibrium from a supply demand perspective. as we know the global economy as adding into recession days, or that's having an effect on demand. yes. and the money's coming by them make is unnecessarily ready for it just yet. well, richard gordon from garden as be very interesting speaking to you. thank you very much. thank you. not so from in a business same here in berlin from all had i was a d v d w dot com slash business. ah ah, [000:00:00;00]

with ah. hi. oh um i need to watch uh compose alicia rod idol hitler's obsession. oh has ever been better background music for megalomania, for gross and vaughan? arts 21. in 30 minutes on d. w. a. brazil. after the transition of our both and our as far right supporters, storm the seat of government. plunging the country into chaos. how did it come to

that? what did those supporters hope to achieve? and what are these embittered rioters cleaning on to you? louis, return a brazil divided close up in 75 minutes on d w. the question, okay, questions about the life, the universe and everything? you know the answer well them give it here 42. 2 the answer to almost everything were documentary series with clever racing and groundbreaking questions keep going to the after life dumber and dumber. how can we feed everyone. 2 questions for the present future heads filled with ideas. 2 been when we learned something,

the hardware and software of our brain changes cm's. so get ready for the brain up to 40 to the answer to almost everything starts january 15th on d w with ah ah, this is dw news coming to live from berlin, brazilian president lula bows to punish the right wing mobs. it's storm the country's seats of power. he calls the attack, but attempted coup. it says an investigation is underway. that's after supporters