tv Business - News Deutsche Welle February 14, 2023 7:15am-7:31am CET
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a week off, the devastating earthquakes hits turkey and syria. the death toll has now climb to more than $35000.00. united nations has warned that that number could serve pass 50000. it also says rescue evans in syria, a winding down as the focus now shifts to finding shelter. full so, but that's it from me and the new steam as they to though steven bits the will be here in a moment with your business update. i've got office and berlin from me and the new seem to watch. ah ah, imagine that you're eating a hamburger. and as you're biting into this juicy burger,
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your dining companion says to you, actually that hamburger is not made from kaos. it's made from golden retrievers. should meet. 2 2 2 2 2 2 2 2 in meeting cultures around the world, people learn to classify a small handful of animals is edible in all the rest they classify as disgusting. a dock you series about our complex relationship with animals. the great meat debate . this week on d. w. a . for to 1000 a new 3 and a half 1000000000 dollar battery plant in the us with chinese firm c a t l as its partner, controversial choice, given rising tensions and battery competition between the 2 nations. germany's
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growing trade imbalance with china and whether business and politics are on the same page. and is this the future of construction? as cities around the world face housing shortages could robots be the answer? i'm sitting 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 affords, as 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
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a time in the u. s. a. trying to get away from foreign reliance on batteries. how 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 get 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 ford. 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 tax incentives from the inflation 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 ford, but it's getting looks basically by industries around the world,
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especially electric car and battery makers. i assume that we will hear other announcements in, 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 a battery, but you also have other areas. so besides the inflation a reduction act where joe biden, pushing for a make an america. so for example, some governmental infrastructure approach 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 in america. and i'm certain that a lot of foreign companies will eventually bring some of their production over here
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. that's also why the european union is not happy at all as though some you could 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 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. you're
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welcome to the show technology imports from china like 5 g. that's very controversial aspect of the kind of trade dependency you look at. the u. s. has a blanket ban on 5 g 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 own strategy. and so on the turn 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 a we would like to also reduce dependence on china. so we will see how this plays out for c t, e, for a who are wife or the 5 to telecommunication network. and for many other issues or
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i 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 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 china economy was only very slow and down by the luck towns. chinese firms oriented more to what's 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 firms now rely on on chinese inputs, but we still have to see whether these hypotheses are really,
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can be verified. you mentioned those costs concerns. why is it 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. and that leads us into a $2.00 oh $2.00 larger dependence and to lower it's a 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
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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 speed up technology transfer or german companies 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 german for, 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,
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let to look into their technologies. all right, that's your mattress 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. marcus 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 is 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 spenders 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?
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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 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 below us. on the next one of these, yet us 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
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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 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 he does is it gives us much more freedom and flexibility in terms of the shapes that we can produce when in me a 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 water. 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
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a slow process, but it's still happening right now. but the robots are coming. more new mechanical 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 tickets. to partial thanks for watching. with women included with no mowing, gonna meet the sound is providing gonna with the digital future for the 10 life we can define skills supporting young people to
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going to into financial, getting more women into the technology series found is valley african. have a pulse with 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 the w news and more d. w. made from mines. oh. and she took a delicate snip, swish. it switched nickel sheet. native meaner frish like
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a gun. this his teeth that i witnessed his report. machine, you're still these go to set the i sent it to maria. a story of resilience rushes more in ukraine. one year since the invasion began. we take a look back into the future in slow rain in february on d, w a y. c a. 2 and my understanding is really your ability to ask for the basic necessity to be able to provide good.
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