tv Business - News Deutsche Welle February 14, 2023 4:15am-4:31am CET
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devastating earthquakes in turkey and syria, the death toll described in more than 35000. a nation has warned that number could surpass 50000, also says rescue efforts and syria are winding down. the shift, the focus shifts to finding shelter for survivors will leave it there for now. stephen beardley is up with next with business. i'm white with brought more ship with sometimes to be shown right now. tv highlights for she knew in boca, in free week. not the mob. several did and right wing extremists, women's rights progressed and again, weld mt. we in couple of late and burned in south africa. people with disabilities more likely to lose their jobs independent, make black lives matter. shine a spotlight on racially motivated to leave my same sex marriage as being legalized
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in more and more countries, discrimination, inequality or part of everyday life. for many, we ask why? because life is diversity to make up your own mind in d. w. lead for mines with ah, forwarded outs is a new 3 and a half $1000000000.00 battery plant in the us. 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 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 from beardsley in berlin. welcome to our show. ford. as it is planning to build a 3 and a half $1000000000.00 factory near detroit to make lower cost batteries for electric vehicles. is the 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. the announcement comes mid strained, trade ties between the us and china. with korean quarter in new york with more ends afford teaming up with a chinese battery maker for this plant at a time in the us trying to get away from foreign reliance on batteries. how can we explain this? yeah, well i mean it's definitely a noteworthy,
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especially was all the tension. so between china and the united states, sir, but i guess some that for it also depends on the expertise from the chinese, the manufacturer. as you mentioned, the world's biggest producer offer batteries, i guess what is important is that this factory is fully owned by for it. it's more of a licensing agreement, was the chinese some company and was the fact that the cut so low going located in the united states will be fully owned by ford. so they will be able to probably get some tax incentives from the inflation a reduction act that joe biden has started a couple of months ago. okay, you mentioned that inflation reduction, not that's a series of incentives that are drawing not just forward, but the it's getting looks basically by industries around the world, especially electric car, battery makers. i assume that we will hear other announcements in, in the days. the. com,
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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 u. s. is a huge market when it comes to cars. and also for batteries, but you also have other areas besides the inflation reduction act where joe biden is 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 they 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 call it protection as a plan or
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a quarter 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 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. your to welcome to the show technology imports from china like 5 g. that's a very controversial aspect of the kind of trade dependency look at. the u. s. has
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a blanket ban on 5 g gear from suppliers like huawei c t. e bit 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 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 white or the 5 to telecommunication network. and for many other issues . all right, so the politicians are considering reducing reliance on china. but your report shows that actually dependence on china is increasing or at least has increased in
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recent times. why is that? but indeed, we see that term in last year, imports 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 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 off to 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 cost concerns. why is it a concern if germany has an unfavorable trade balance with china,
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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. 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 firms to strengthen their relationships with chinese partner firms. most likely to
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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 a joint venture, so have done so in the past. no. knowing that probably china will have some kind of force technology transfer. this is in the to, for germany 1st, but it has been true for, for, for other firms, as this is china strategies, 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 to look into their technologies. all right, that's your mattress with the cologne institute for economic research on german
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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 to 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 centers 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? dick look. this robotic dog is only a prototype. it's using a laser to scan the construction site. the 4 legged robot is documenting work
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that's already been done and checking if they've been any mistakes. the high tech devised costs in the 10s of thousands of euros, but it could quickly pay for itself. if i could do it, there have been significant advances in technology and on digital platforms before it was very difficult with tech to work any way on job sites because it's typically unfamiliar territory. and there's a little standardization as being studies 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 if there's an algorithm running there. and it uses load sensors to measure force. hello. if that allows very precise work with the material,
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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 he does is it gives us much more freedom and flexibility in terms of the shapes that we can produce when even more flexibility tubs are but sucrose 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, who, despite its advantages, only a few have been sold so far. the construction industry all over the world holds on to 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 way to 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 dollar factory near detroit to make electric vehicle batteries with chinese firm c a t l. a controversial choice given trade tickets to partial thanks for watching women included with no melinda, lead the sound in providing gonna with the digital future for that. and i me to define skills supporting young people to going to into financial, getting more women incident technology thief series found his valley african.
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how can i hold your hand? mm. kings we had a lot in common. can this become love of i don't got book in may on me that that made they could have been an ins 10 artificial intelligence combat loneliness. hi am i love stories from the future in 45 minutes on d, w ah. with johns and dodged searches for the truth. again. this time at the exile to turkish journalist meets atlanta, cielo, sky,
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exiled leader of the opposition in bella. bruce, and of course i'm tied and tied physically untied. morally, it's too much on my shoulders, but i have to hold this weight because i'm responsible for the future fall country for the people who are behind the boss. guardians of truth starts february 18th on d. w, or a decent livelihood. and my understanding is really your ability to afford the basic necessity to be able to provide good education for yourself and your family. access to proper health care, access to disposable income, to afford food and all the other necessities and.
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