an of career aspirations in brazil for vellows. this is the w business. i'm janelle de marla unwelcome. china has missed its official growth target. 2 years after the start of the pandemic, the country appeared to be on a path toward recovery only to be hit by a series of coven, 19 outbreaks, turmoil and international markets, and a persistent property sector crisis. after years of high growth, the chinese economy dropped sharply in 2020 due to the pandemic than it recovered strongly and 2021 helped by robust exports. but the strict logged downs travel restrictions and supply chain bottlenecks hit the economy hard again. last year. growth came in at just 3 per cent. last month, china abruptly abandoned at 0 covert policy cases have surged and business remains disrupted. this by this,

the world bank is still predicting growth of 4.3 percent for this year. now, earlier i spoke to doris fisher, a professor of china, business and economy at the university of words broke. i asked her, what those numbers really tell us about china's economy? well, it's a bit difficult to say that a finally because of these numbers are, i mean the number and your gross number 3 percent is very much below what the chinese government had anticipated for the year 2022. but on the other hand, when they formulated those anticipations or their expectations for the gross right, that would not know that a micron would hit china in this way and that they would have to abandon, i mean, for suffer from 0 covered policies impact and then abandoned it eventually, so i think a, well officially if the number is higher than or not have the, the recent numbers higher than expected for the last quarter. but it's pretty devastating. which is not surprising if we think what happened corona terms over

the past quarter. so what sort of stimulus is begging then in the position to employ if it wanted to turn this around. but i imagine it does well, the 1st biggest stimulus is giving up 0 covet policy, because i think the major impact that we see in the numbers of last year is due to the cove at 9 of 19 policy. so they decided by the end of november and early december to give this up. and to also opening the board us again layer and which we decided end of december in order to boost the economy. it just due to the fact that the restrictions were too harsh and anyway, they realized that it would not be a they would not be able to restricted. now this is one thing. the other thing is that from the economic conference at the end of december 2000 in $22.00, we understand that they will support again, more private businesses that the restrictions we see that already the restrictions

on the internet platforms half been loosened. and i do not expect a huge investment strategy for the real estate sector, though that is obviously one of the sectors that really puts a downward pressure on economic growth. so i think the most important steps are loosening of the 0 covered policy there by hoping that the labor market will relax, that people will start to consume again and also to support private business from reviving. now we've also seen figures today showing that china's population has fall in for the 1st time in 6 decades. what's the significance of this? why it's not really a surprise. we have seen the decline of population growth um somehow in the past years, of course it's kind of a shock. that's the 1st i hear that we have an official or wall absolute decline. the interesting thing is that what we see is all kinds of explanations. why the

chinese people have so few kids. i mean, this is partly explain, and i mean are so reasonable that now the age of those people who are in the age of giving birth to children are those generations that already declined in numbers, so to speak. some you know, were born in the nineties and 2 thousands which were as a smaller and years of for already in terms of population. and what is not really explained is the increase of the death rate. or we would be, of course, curious how much this is already result, or is it temporal result of the corona influence influence or will be a lasting trend to that? the desk, right, thank you. doris fisher's professor for tiny business and economics at university of worth worth. thank you for your insights. thank you. over to the world economic forum now in diverse, where for the past year, scientists have set up camp at the ski resort town to highlight the dangers of the

climate crisis, or dw team caught up with some of them were fresh snow on the swiss arts. residents have been waiting weeks for the snow to fall, but don has started to gather dis month on to his of dallas. it's never taken this long for fresh snow to form here. tokens and these scientists are ready to explain the consequences or the con, the arctic base camp is a team of arctic experts and scientists. they are bringing the arctic to the world economic forum at dollars, including the risks that climate change poses. they have one goal to wander global . it's about what's coming and what's at stake for us, it's, you know, it's making sure that everybody understands that those are a problem and you can only ignore it for so long. and if you choose to ignore it, you decide you're on peril. the scientists of the arctic base camp aim to draw

critical attention to the fact of what's happening in the arctic is affecting everything. even the words, the lit, gathering in switzerland. the arctic has lost half of to see eyes in the last 4 decades. this triggers calamities such as the rising feel levels, storms, wildfires, droughts, or just as in doubles little to north know even when it's needed. if it goes on like this, we will face an under cognizant world pretty soon, and there are real economy costs. the group says between 201-2019 disasters caused almost a whopping 3 trillion dollars to world economy. it's from a business leader or an economic perspective. it makes sense to invest in sustainability, not only to reduce risks of unmanageable damage, but also because it just makes economic sense. the scientists are calling for a radical, a sustainable and climate oriented economy paradigm. the very ground of the world economy itself is at risk, which is shows that we're into meshed in a, in

a global crisis situation. we're climate change is at the core because climate impacts on food, climate impacts on energy, climate impacts on stability and societies. as really a kind of a complex of many interacting crisis at the same time. there's still time to act. this is why the arctic base camp t marin da was making the case. but they wandered, if time is not used wisely, their life on earth, as we know it is in serious trouble to brazil now, where for villas have become increasingly important source of tac workers for the country. as young people move away from more traditional courier aspirations, chief of them as football stars, the full the last in brazil. many of the countries football stars grew up in such neighborhoods. but many residents are taking a new path out. why can't lopez is 28 years old and listen was senior. the largest

fabio langley edition aero. when he was a little boy like many others, he dreamt of becoming a football player, earning lots of money and going to europe. but when he was 13, he took a computer course with the local n g o. now he's a professional programmer with a degree in mathematics, a year after crediting his making more than $1500.00 a month. elect to dark up as nice as it technology can give you the opportunity to do many things. you become more self sufficient and more independent and you want to have about my life has already changed and i'm just at the beginning. and now i will be no longer church for the color of my skin. know whether i live in a fairly large city. okay. with severe gentlemen a dodge, it's not just building their technology what jobs are appearing, but also creating content. one study found that latin americans between $15.35 spent more than 7 hours a day on social media. in brazil, more than half

a 1000000 of them worked directly or indirect. this influencers, sometimes earning up to 2000 years a month. barbara is one of them. 7 years ago she was working as an english teacher. now she works online and has more than half a 1000000 followers. she's managed to make her dream come true to live in one of the most expensive areas of the city. here in the middle of the family, my life changed completely because i used to live in a very simple place. i give private lessons. then as my work gained followers on the internet, i was able to improve myself and work my way towards the safer and better neighborhood. i am my single de la. but according to economists, paolo feldman of the university of south palo, just like football in the world of influences. very few actually make a living out of that profession. russia they, malloy europe. there are millions of football players in brazil,

but very few of them are good though. the vast majority don't make it the 1st little 2nd or even 3rd divisions. and they earned very little as a same with influencers. young people are trying not, unfortunately, most of them can't make enough money to live on. and they give up this still in a country where social differences and racism persist. football was, seems the way out. and similarly, the tech industry in social media offering new pathways to build a future outside the formulas. in 2019 indian prime minister nor render moody proposed as country would become a 5 trillion dollar economy by 2025. now the school seems unlikely, but the government remains undeterred. one of the ways it hopes to reach that objective if a bit later than envisioned is to invest in drone technology, india, setting its sides high to become the global drone hub by 2030. the government

believes drones have the ability to transform the country's economy. something this farmer can attest to man, board regina. i think it's tough to find labor. everyone wants a stable income and doesn't want to work on a farm. even my kids aren't keen, so i have to fall back on technology bottom with a drone, i can spray one acre of land and 15 minutes. it takes half the amount of pesticide and there's little wasted. what they unload audio, the adam glovers arnold, new delhi per dixie industry to grow to nearly $4000000000.00 in the next 3 years. that's why it's given startup millions of dollars and incentives to encourage drone development and manufacturing. and to be used in ways that do more than just boost agricultural production. today we're using, drawn for ensuring that there are no built bridges in mines. and we also have a technology that can count the number of gees in a lot of florida department. there are also protecting civilians from unexploded

relics of past conflicts. we've been using land main detectors that don't do these drawings to ensure and notes and he didn't land with drones. india believes if steering it's future and to the right direction. thanks sir. what saint lou? ah ah with

ah, he's the beginning of a story that moves us and takes us along for the ride. it's only about to perspective culture information. this is either you news and more money for the very 1st time. the exclusive interview with donnie di starts january 18th at $2315.00 u t. c on d w a. a

ah, ah ah, this is the w news live from berlin that germany name's a new defense minister bodies please story us will succeed. a christina lumber act who resigned yesterday. he talks over the post at a critical time with berlin, under pressure to boost military support for you crate. also on the program you are

paying commission president address is world leaders on the openings out of the world. economic forum and promise is continuing and steadfast. a you support for you cry time is population.