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tv   Business - News  Deutsche Welle  February 13, 2023 10:15pm-10:31pm CET

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i sent you now stephen beardsley. well be here with your business update. and just a moment i'm really for me and the entire team and our 0 here in berlin. thank you so much for watching through making the headlights and what's behind them. d. w, news, africa, the show that faculty issues shaping the continent life is slowly getting back to normally on the street to give you enough reports on the inside. our correspondence with on the ground reporting from across the continent,
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all the trend stuff, the mazda u. t. w. is africa every friday on d w? they want to know what makes the genesis, he'd just been a gene love on banding thing that way. but i'm not even know how to work my own car and everyone with later holes and every single day. just getting, are you ready to meet the german going me right. just do it on d. w. o . forwarded, else is a new 3 and a half 1000000000 dollar battery plant in the u. s. with chinese firm c, a t l, as it's partner, controversial choice, given rising tensions and battery competition between the 2 nations. we'll look at germany's growing trade imbalance with china and whether business and politics are on the same page. and is this the future of construction?
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as cities around the world face, housing shortage is could robots be the answer? i'm seeing busy in berlin. welcome to our show. ford says it's planning to build a 3 and a half $1000000000.00 factory near detroit to make lower cost batteries for electric vehicles. is a long awaited announcement as the automaker plays catch up in the market. but it's choice a partner is raising eyebrows. china's c a t l, the world's largest battery maker, will supply the technology for the lithium ion phosphate or l. f. p. batteries, as well as some equipment and workers afford, says a wholly owned subsidiary will own the factory and employ the workers. of the announcement comes mid strained trade ties between the us and china. but koreans quarter in new york with more ends afford teaming up with a chinese battery maker for this plant. at a time in the u. s. a. trying to get away from foreign reliance on batteries. how
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can we explain this? no, well, i mean it's definitely a noteworthy, especially with all the tensions between china and the united states. but i guess that for it also depends on the expertise from the chinese manufacturer. as you mentioned, the world's biggest producer of batteries, i guess what it's important is that this factory is fully owned by 4. it's more of a licensing agreement with the chinese company and with the fact that the local okay did in the united states will be fully owned by ford. so they will be able to probably get some text incentives from the inflation or reduction act that joe biden started a couple of months ago. okay, you mentioned that inflation reduction. that's a series of incentives that are drawing not just forward, but it's getting looks basically by industries around the world, especially electric, car, battery makers. i assume that we will hear other announcements in,
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in the days the. com, is that possible when we look at this kind of pull factor this package is having yeah, definitely. i'm certain it will pull more companies said to bring their production to the united states. i mean, the us is a huge market when it comes to cars and also for batteries, but you also have other areas. so besides the inflation reduction act where joe biden, pushing for a make an america. so for example, some governmental infrastructure prod, projects, the president just amounted last week, was the state of the union. and so he wants all the building material being made in the united states. so there are different initiatives at the moment to push made an america, and i'm certain that a lot of foreign companies will eventually bring some of their production over here . that's also why the european union is not happy at all as though some you could
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call it protection as a plan. ryan's court in new york. thank you. and speaking of controversial trade with china, berlin has granted another chinese telecoms firm. access to the biggest 5 g market in europe. now that's despite warnings from the u. s. about security threats. the partially state own firms, e t. e said last week that germany's office for information security has approved its new 5 g radio technology. c t e said the approval reaffirms the company has complied with all requirements and security specifications. germany pass an id security law 2 years ago. setting high hurdles for makers of telecommunications equipment for the critical components of 5 g networks. you're going matters focuses on global trade for the clone institute for economic research. he's author of a recent report looking at germany's growing trade dependence with china here to welcome to the show technology imports from china like 5 g. that's a very controversial aspect of the kind of trade dependency you look at. the u. s.
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has a blanket ban on 5 gear from suppliers like huawei c t spit. also been keen to use tariffs lately. we know that we've seen that a recent years. why hasn't germany drawn as many lines with its trade, with china, in comparison to other nations? well, germany's strategy in the past has been very pro china and strategy. and so, um, the churn is probably, i thought this is larger than for the us. but the german government is writing a china strategy currently. and what will probably be one of the key headlines of it will be that we would like to also reduce dependence on china. so we will see how this plays out for c t. e for who are wife or the 5 g telecommunication network and for many other issues. all right, so the politicians are considering reducing reliance on china. but your report
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shows that actually dependence on china is increasing or at least has increased in recent times. why is that? well indeed, we see the term in last year import from china searched by more than a 3rd, which is a lot. and we don't yet completely understand what is behind them. um, but one i, one probably explanation is that as china, as economy was only very slow and down and by the luck towns, chinese firms oriented more towards the world market and also to germany. and maybe also here in germany as cost pressures have increased after the energy crisis. maybe some more, some firms now rely on on chinese inputs, but we still have to see whether these hypotheses are really, can be verified. you mentioned those costs concerns. why is it
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a concern if germany has an unfavourable trade balance with china? especially if it's ultimately good for the consumer, if it's the most cost effective partner will indeed it's like we usually should not worry too much about trade surplus or trade deficits if they are in well normal, normal ranges. but what we see here is that the german trade deficit with china has increased by 6 times compared to 2019. so something seems to be going on on that leads us into a 2 or 2 larger dependence and to lower trade deficit. but we still have to see what is behind that, so we have to analyze that in order to better understand. but the data, kara, the indicate that there's a clear need to go deeper here. you mentioned in your report the china wants german
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firms to strengthen their relationships with chinese partner firms. most likely to speed up technology transfer or german company is willing to make that trade off to get more market access even what it means, potentially they're giving away many of their key technologies or processes. what i think this is not only german companies in china that basically go there with their technologies go into joint venture, so have done so in the past. no. knowing that probably china will have some kind of force technology transfer. this is indeed true for german for, but it has been true for, for, for other firms. as this is china strategy, china has such a huge growing market that it's in the position to put pressure on foreign companies if they want to serve the market to well, let china look into their technologies. all right,
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that's you're going matters with the cologne institute for economic research on german trade with china. thank you very much. thank you. over now to some of the other global business stories making headlines. former wire card c, e o. mark was brown, has denied all charges in the fraud case against him, saying he had no knowledge of the accounting gaps that down the german payments firm. in 2020 prosecutors accused brawn of fraud market manipulation. and for accounting, europe's bill to tackle the energy crisis has climbed almost 800000000000 euros. that's according to research just out in the brutal think tank. germany is the largest overall spender with luxembourg and denmark. the biggest per capita spinners will speak of germany. a lack of qualified workers in the country is slowing. housing starts, is it time to consider an unorthodox solution like robots to look? this robotic dog is only a prototype. it's using
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a laser to scan the construction site. the 4 legged robot is documenting work that's already been done and checking if they've been any mistakes. the high tech device costs in the 10s of thousands of euro's, but it could quickly pay for itself. if i'm going to, there have been significant advances in technology and on digital platforms before it was very difficult with tech to work any well in job sites because it's typically unfamiliar territory. and there's a little standardization as has been externalities. yet as here in switzerland, this robot is working on a scaffold. it has a particular skill, the necessary tactile control for welding, balance and puts it in our process. the robot pushes against the reinforcement to make a contact well, to try something else. there's an algorithm running there, and it uses load sensors to measure force. hello if that allows very precise work
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with the material, y'all don't even control he of this geek on it. it's not a matter of being faster or better than a human at all. he knew what it does is it gives us much more freedom and flexibility in terms of the shapes that we can produce when in mere flexibility tubs are but squished after form game. in dubai, the rise robot is making its debut. it's taking over the dangerous work of elevator shaft fit out in high rise buildings. the robot knows its job, including when to use which drill. the robot receives the configuration file, including programming and full that is specific to this elevator shaft. it has to recognize the dimensions and know how many hold us to drill one. despite its advantages, only a few have been sold so far. the construction industry all over the world holds on to the traditional methods and it's slow on the uptake of innovation. it's a slow process, but it's still happening right now. but the robots are coming. more new mechanical
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helpers are on the weight of the market like this one for overhead drilling. while robots are making construction cheaper and faster. experts estimate that it will take at least another 10 years before they taking people's jobs. his reminder of our top story, ford has announced a 3 and a half $1000000000.00 factory near detroit to make electric vehicle batteries. with chinese firm c a t l, a controversial choice given trade tensions to partial thanks for watching. do you like it with do you want it? okay, then buckle up, put the pedal to the metal and let's ride with
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