tv Business - News Deutsche Welle January 17, 2023 3:45pm-4:01pm CET
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thing out in the cold, although it's not as cold as it should be. and we look at the attack up driven evolution of career aspirations in brazil for villas. this is the w business. i'm janelle delilah 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 persistent property sector crisis. after years of high growth, the chinese economy dropped a sharply in 2020 due to the pandemic than it recovered strongly in 2021 helped by robust exports. but the strict locked 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 coven policy. cases have surged,
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and business remains disrupted. despite this, the world bank has full 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 world sprog. 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 anticipate asians 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 the number is a higher than or not have the,
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the reason number is 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 badging than in the position to employ if it wanted to turn this around, which 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 $990.00 policy. so they decided at the end of november and early december to give this up. and to also opening the board, us again, layer of 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 to $1722.00,
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we understand that they will support again, more private businesses that the restrictions we see that already the restrictions on the internet platforms have 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 us is the recovery 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? well, 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.
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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 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 where as a smaller and years of all ready in terms of population and what is not really explained is the increase of the death rate. and we would be, of course, curious how much this is already a result, or is a temporary result of the corona influence influence, or will be a lasting trend to that. the desk, right? all right, thank you. doris fisher's professor for tiny business and economics at university of worth support. thank you for your insights. thank you. over to the world
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economic forum now in diverse, where for the past years scientists have set up camp at the ski resort town to highlight the dangers of the climate crisis. our dw team caught up with some of them were fresh snow on the swiss arms. residents have been breaking weeks for the snow to fall, but dawn has started to gather this 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. so 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,
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you decide to her on peril. the scientists of the arctic basecamp aim to draw critical attention to the fact that what's happening in the arctic is affecting everything. even the words, the lit, gathering in switzerland. the arctic has lost half of the sea ice in the last 4 decades. this triggers calamities such as the rising fee levels, storms, white wires, droughts, or just as in doubles little to, nor snow, 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 cost almost a whopping $3.00 trillion dollars to world economy. it's fernando from a business leader or an economic perspective. it makes sense to him versus is than ability not only to reduce risks of unmanageable damage, but also because it just makes economic sense. the scientists are calling for
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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 in 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 county, marin da was making the case but they wandered if time is not used wisely, their life on earth, as we know it is a 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 war, a traditional courier aspirations, chief of them as football stars, the full vail us in brazil. many of the countries football stars grew up in such
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neighborhoods, but many residents are taking a new path out. would count. lopez is 28 years old and listen was senior, the largest for villarejo dish and hero. 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 is making more than $1500.00 a month or less elect to dark up as nice as it technology can give you the opportunity to do many things. you become more self sufficient, more independent and you want to have about my life has already changed and i'm just at the beginning. and of now i will be no longer church for the color of my skin. know whether i live in the 4 villa video people severe jacqueline, 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
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spent more than 7 hours a day on social media. in brazil, more than half a 1000000 of them work 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, the family, my life changed completely because i used to live in a very simple place and give private lessons. then as my work gained followers on the internet, i was able to improve myself and work my way towards a safer and better neighbourhood. i am my sick old alaya. but according to economists, paolo feldman of the university of south palo, just like football in the world of influences, very few actually make
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a living out of that profession. will you be joys, europe? there are millions of football players in brazil, but very few of them are good gold or the vast majority don't make it the 1st little 2nd or even 3rd divisions. and they earn very little as a same with influencers. young people are trying, but 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 seen the way out. and similarly, the tech industry and social media offering new pathways to build a future outside the formulas. in 2019 indian prime minister and a 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,
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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 legend. 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 model with a drone, i can spray one acre of land in 15 minutes. it takes half the amount of pesticide and there's little wastage monthly and load audio la autumn, glovers. i know new delhi per dixie industry to grow to nearly $4000000000.00 in the next 3 years. that's why it's given startups, 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 drones for dog on of ensuring that that are not built footages in
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mines. and we also have a technology that can count the number of trees in a lot of photos departments. there also protecting civilians from unexploded relics of past conflicts. we've been using a landmine to dictate, but don't do these drones to ensure an unknown, any hidden landmines. with drones, india believes it steering its future into the right direction. thanks for watching . ah ah. with
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africa. you beat issues and share ideas. you know, or this channel, we are not afraid to happen. then you could pop up because population is growing and young people clearly have the solution that a 77 percent every weekend on d. w. india, a land of contrast of ambitions of inequality. 75 years ago, mahatma gandhi peacefully led the country to independence. what has remained of his vision? where does the world so call to largest democracy stand?
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where is india headed in? this is the more likely to unleash on violet bars. gandhi's legacy starts january 28th on d, w. ah this is the w is live from berlin. germany name's a new defense minister. forrest restoring us will succeed. christina lambert act who resigned yesterday. he takes over the post at a critical time with brown and under pressure to boost military support for ukraine . also on the program european youth.
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