also on the show german chancellor or lot sholtes returns from meeting us president joe biden. we look at what's been achieved by his visit and ukrainian refugees than at the ready to help with germany's labor shortage. but the bureaucracy isn't exactly making it easy for them. this is dw business i'm janelle de milan, balkan, the national people's congress is underway in beijing headlining the meeting. china's official economic growth target aging has had a goal of around 5 percent for 2023. that's as the government seeks to john start the world's 2nd largest economy. after restrictive anti cove measures took a toll on growth, the 5 percent figure is however, considered conservative by analysts. china is faced with a growing array of challenges, including sluggish consumption, rising unemployment,

a historic downturn in real estates, in real estate, and increasing tensions where the west over technology sanctions. now taking a closer look at that last aspect, china is locked in a race where the west for a technological dominance. the country was already struggling with a lack of advanced chips and the machines needed to build them. and it's valid to use all the resources at the states disposal. now it's behind in the software raised to as artificial intelligence software like g p, t and bard begin to spread across the world. chinese search giant by do says it's almost ready to launch. it's a i bought called ernie as soon as this month. but its worth noting, however, that the head of bye do, and his fellow internet executives from the likes of 10 son and others appeared to be absent at the national people's congress. in

b jing where the us now is south get heber a lecturer, focusing on asian pacific politics at the academy for civil education here in germany, south kelte. welcome. can you tell us what those are? the absence of china's intern at tag titans at the nbc. what does that actually mean? thank you for the invitation. that is a clear signal that the chinese communist party effectively regulates and controls the internet and digital technological companies. and of course, china's tech billionaires like the founders and owners of and group and penson china, of course, as we said earlier, is aiming for around 5 percent growth of for this year. now what role do you think the tech sector will have in being for china to achieve that target? that was difficult for the last years 2022 gross target has been has not been

met. that had even been beyond 5 percent reduced to one of the worst results in the last 30 years between 2 and officially 3 percent. that's a big problem. according to even official chinese data. there is a lot of unemployment in china, and people lost their jobs during the coven restrictions. and the results for the coolant restrictions for the chinese economy, the domestic sphere of the economy and the international regional sphere of the economy, can't be evaluated until now it's. it's too early, unfortunately. so the damage done due to cove, its restrictions in china is yet to be evaluated. plus, we have to take into account the political fallout of covet restrictions. they are rumors that cheating, being himself was against lifting cove restrictions right now. turning to

washington efforts there to restrict you worse investments in part of the chinese economy are ongoing. what effect do you think these efforts will have that have to be a massive, massive effect? because of what we learned from the work report, the outgoing premier leakage gates to the national people's congress is that china seeks to step up to support international investment and domestic private spending . domestic private investment in china. so there are signals, there are signs that china is desperate for foreign capital for money and to come back to china clause. so not is trying to give up that isolation policy that we witnessed in the last 2 to 3 years. and china is very dependent on imports international trade. so china will have to think about re regulating

international financial. great. thank you very much. sutka heber elect, her focus on asian pacific politics at the academy for civil education. thank you for your time today. thank you. now to some of the other global business stories making news. mangan joe, the daughter of the wall way founder, is set to lead the chinese tech giant from april. first, the move constrain us final relations magnate headlines in 2018 when she was arrested in canada. at washington, he has an accusation of bank fraud in violation of us sanctions against iran. the european central bank may continue raising rates beyond this months as its president christy regard 0.5 percent hike is expected on march 16, but experts have been further divided over further decisions rather. so regard supposed present statement may provide some clarity about e. c, b policy. the german chancellor,

optional to us president joe biden held talks friday in which they praise trans atlantic unity and valid to keep up their support for ukraine. but while the 2 leaders put up a united front shulte visit comes at a time where the e u and the u. s. have been at odds over washington signature legislation package, the inflation reduction, which the u says will hurt european firms in the us. we work lock step to supply. andrew, there is a north america trade adviser for the german machinery and equipment manufacturers association. welcome andrew economic ties of course, key to the u. s. germany relationship. how do your members view the inflation reduction act? hi, good morning. our members overall do v inflation reduction act as an opportunity. so the united states is our largest export market. it is our largest investment location and our members overwhelmingly are the so called hidden champions of

german and european industry. so these are companies with one 102200 employees who are predominately exporting 2020, excuse me. 20. 22 was our largest year for export numbers in history broke all records. and we expect that to continue in 2023. the inflation reduction act will walk in enormous amount of new investment and of course green energy and also manufacturing for green energy components. so despite some of the, let's call them industrial, political pain points, we view the inflation reduction act overall as an opportunity for us. well, that's kind of at odds with a you position, isn't it? you commissioner ursula on line of course also heading to dc soon to meet joe biden . the i or a is on the table and how it affects the you. how do you view those discussions?

well, so i think you have to look at the inflation reduction act. we are in german, industry, and machinery and equipment sector. have to look at it in 2 different ways. you have a sort of business opportunity for our company on one hand. and then you have the political discussions, which on the other hand, so short term for our and i think sort of medium term for our companies. of course we, we hope that our european partners are in a position to put forward some of our trade policy concerns. you know, some of those include the requirement that all companies are contractors and sub contractors on a power station project have to hire an american apprentice. that is something that is actually not usable for european companies that are, that don't have riot, a subsidiary united states. so that is one issue that we are currently working on

with the american administration and also with our european partners. and i think another issue and i think another issue that is sort of really important for european politicians to ask washington for is to hurry up with implementation. i mean, there are a lot of washington has to hurry up. thank you very much. andrew air in north america trade advisor for the german machinery and equipment manufacturers association. thanks so much for your time. there is long been a shortage of skilled workers in germany, especially in the field of medicine. some recently arrived refugees from ukraine have experience working as doctors, nurses or orderlies back in their home country skills. they'd be happy to transfer to germany, but it's a difficult process requiring most foreign medical workers to go through retraining . catarina berlin duke had to leave everything behind in ukraine,

her family friends, and her job. she's a dental assistant and doesn't have much experience on hospital wards, but she's getting a helping hand at the vile heim hospital in bavaria. veto shawna is also from ukraine, but has been here for over 2 years and is showing her new colleague the ropes that a wonderful job. i try hard, i try to do everything. well, just as i learned in ukraine, a full garage door this even if it's all a more complicated, sometimes i tried to make the best of it all over the worst or no, it was more logical. tilo road love is responsible for organization and administration on the nursing ward. he says he's surprised at how quickly the new employees find their way around in germany. competency it, so they're already competent for you have to recognize the nurses field of work in germany as different from that in ukraine for example, or in serbia and germany. the focus of nursing is on basic care. i. e,

caring for the body, giving food, monitoring medication, more so than in other countries such as ukraine nurses don't watch patients, they're there. it's purely about medical care. the ukrainians, as far as medical care is concerned, are actually superior to german nurses. the biggest challenge for them is not the work itself, but the language. after all, they have to know medical terminology and be able to read and understand drug labels. that's why they have 2 hours of intensive german lessons every day. but they learn most of the language on the wall with the help of their team. long rita chona knows exactly how it feels for the newcomers. she too had to start all over again. now 2 years after leaving ukraine, she's a registered nurse and she's happy training. her new colleagues he says, i have with all my heart,

my soul because these are my people from my home country. i have to help mobility. there are also regular meetings with the hospitals, integration officer. she answers questions and helps where she can. for example, with red tape and german lessons. for some refugees from ukraine, germany may become their new permanent home. that's our show for more checkout. it'll be a dot com slash business, and the dw news you to channel. thank you so much for watching with ah, with

a returning to the moon. 50 years off to astronaut la, set foot on earth, satellite wow. in the souvenirs they brought back, keep science busy to this day. now that says planning a new research project continues despite the delay. to morrow today. in 30 minutes on d, w. o. if you ever have to cover up a murder, the best way is to make it look like an accident,

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astronaut has been waiting for years to get her turn of private initiative is pushing to make it happen ah, destined for space starts march 8th on d. w with ah ah, this is dw news live from burly. millions of people are still suffering one month after devastating earthquakes in turkey and syria. we report from near it live in northwestern syria, where thousands are to traumatize and afraid to return to the damage buildings that were once their home.