we speak to an expert about rising protectionism and a subsidy re stuff heating up around the world. and it's known as white gold. lithium is a key material in the drive towards electric mobility. now, a german company has funded in the unlikely this incidentally business. i'm paid ferguson, thanks for joining me. the european union is considering sanctioning 8 chinese companies accused of aging rushes, war, and ukraine. the proposed measures are part of a renewed push to prevent russia from accessing equipment that could be used in weapons. some of the firms in question have already been blacklisted by the united states raising says it will retaliation against any use actions for more than this that spring and dw correspondence. so it's on high in type pay high . so good to see how exactly are the companies on this list for it to be? ating rushes more machine. okay. the ukranian army is finding

more and more chinese parts in russian weapons used in the war, especially the electronic components for the 8 chinese companies. most companies are electronic distributors. their products can be used by russian company to supply military equipment. for example, the hong kong bass came pie technology supplies micro electronic products to russia for weapons applications such as cruise missile gotten assistance. another company, c, no electronics supplies, items to russian defense, procurement giant radio app to my t multi costs that are on the western session list. so now it's time for the west to a we know the advice of supply or parts of the west has been limited by session. so now it's time to stop china from doing so now. so china says it would react, quote, strictly and firmly to any you sanctions. how might that response look in concrete terms as well?

um, the chinese government always like um to use the same level counts and measures to retaliate. it's very likely that they will band the important ask for business of western military companies like what they did to lockheed martin or racy and technologies in the us. to further delve into this issue, we have to know one very crucial material that's aware or from china. for example, it takes more than 300 kilograms of where or to make one at $35.00 by digit china is currently the strongest supplier of where ours and holds the world's leading, where our processing technology. so ton of best the exports of a swears to western military companies. the cost is huge. no, so china e u ties are complicated to say the least. how do you see this particular move shaping the relationship and the future? well, the relationship between the you and china now is like a tic tac toe game. you wait for the others move to decide to and next step you

couple of visuals have said in china that how china continues to react to pollutants. war of aggression will be the decisive factor in the future relationship between the you and china, the stress that china has not sold weapons to russia. but the you now is taking a huge step here to a cold, the biden's demonstrations warning, telling china not only just weapons, but also items that couldn't be used in military activities should be on the watch list. so it's kind of turn now to decide it has to bowl and we'll see how the china will continue to play this game. it's a high stakes game of tic tac toe, the headphones on high in type, hey, thank you very much. on germantown, so all those thoughts has also been weighing in on the question of you. china ties take a listen to what he had to say in an address to the european parliament. this one's a bit seals, heart relationship with china is aptly described by the terms partner competitor and systemic rival and tear rivalry. and competition on the part of china have

undoubtedly increased the youth sees this and the you is reacting to it. and hopefully i agree with commissioner the president also i found a lion and there should be no d copeland. couple but small. the risk english going now to be i'd like to bring in professor i go home now. he's the president of the european school of management on technology, and has been looking closely at the question of the risking and the coupling professor, what, what does being a capacitor and the systemic arrival of china actually mean in policy terms? so the 10 percent there are different aspects which we can describe the difference . ready between europe, germany and china, and it's very important to keep all these other ones in mind, and at the same time it would be unwise to the top of the relationship. this is a neutral region pending relationship between china and euro. and therefore i would strongly arguing save all that visitation, so this means obviously to keep the springs and the ties to china. i just drank

some that even more with other pop ups around the world. yeah. and as you say, the whole question of the coupling and the risk and it means increasing self reliance, doesn't it? whether in supply chains or access to roll materials, how equipped is the you to less than it's dependence on china? to so we need to differentiate between the supply chain spends the science markets . so when we look at the points of the situation when it comes to russian gas specimen, coal, and the rest of the energy that we saw this of the, that was the occasion when very quickly, it was a very comprehensive and soul of the, the suggestion of success up to this point. it's different when we looked at into sand xbox console. um, in this case, it is not that companies don't want to sell in other markets, but some of these markets almost get as low as it would need to be in order to sell products there. so therefore, it is important that we take

a long term view and we take a us those markets that can you spell out, you know, also becoming more important in selling products. they are and we see a couple of these bonds as know when inflation also comes to alicia to get not i'm certainly to india and probably more context to follow. yeah, and i want to look at another key relationship and i the trunk of logic one. the ear has been scrambling to forward his response to the us inflation ok, which is fear it could cause an exodus of companies to the us. hasn't managed to ward off that danger. so as well, it is important that you're in the united states need to continue talking about what exactly is entailed in the insights reduction act remaining. find ways in order to take all those pots in our release protection. this and bravo, own use of the interest of the home industry. at the same time, i would strongly argue and say, well, not reacting in the same way on the routine side about uh,

using the available means in a more efficient way. and that means, but these are also thinking about how to increase the supply of green energy by us in the spring coming and making more efficient. the prophecies by which the energy supply can be billed and as a final state fox along of for the supply. it really be billed and this needs to be fast and made much more efficiently. we do seem to be entering a new air of state subsidies, so don't worry whether it's the inflation reduction act or the green industrial plan. do you think this is a race of tough or a race to the bottom? so it is not advisable to really follow this. it's basically a race to the top incense all you more on i'm to existing or measure around it to remind us that's a well, it's global welfare is heavily dependent on free markets and free markets. we,

in particular, the united states in euro and springs in these markets should always be the focus of the discussions that are not taking place on the political level between the united states and europe. and really trying to think about how come with markets in particular. also for the end of a tips and re products can be established on the sides of the atlantic. right. it's also from the european school of management on technology. thank you very much. thank you very much. i as an stains, degree and economy, the move towards electric mobility has led to a search and demand for this. the i'm the element is a key component in batteries as well as devices like smart phones and laptops. here in germany, most lithium is imported mainly from australia. but as we'll see on extra pores, one company has discovered a way to source and extract is at home. take a look. this sign, drill reaches 3 and a half kilometers into the ground,

making way for one thermal water to rise. the surface is used to generate energy. the sea of bulk and energy explains the geothermal plants mechanism to a new worker via the size of an ocean. here you can see the main engine a shaft connected to the mechanical part of the pump. that one pushes water up there. and then you'll see the insulated pipes that run back here, low. they transport hot water to the geothermal plant, where we use it to generate electricity. but there's more at work in this pilot plant. for some time, technicians have extracted loves him from the thermal water. a lab is still testing filters to efficiently do that. the rare earth metal is found as lithium hydroxide, starting in 2025 bulk in energy aims to extract 24000 tons from the local water. that would be enough to supply $600000.00 car batteries. demand for the product is

high, which is why even car joints to lunch is invested in the project and size engine at this time, the biggest potential lights, and we charge of the batteries for e cars and, and becoming more independent from other countries on the, on the that's what everyone in europe is really looking for people in the area agree with the company's goal of becoming independent from that same imports. but they're not all excited about the geothermal plans. many in fact have run into problems that cindy, this is, these are the tracks the 1st level, 2nd level, and they are the 3rd level. we're obviously off cuz we have shown that they're still earthquakes happening here often on. and that's actually currently don't even extract a lot of less symbol, and this will hear your plans or to extract along with you more in future. they'll be more drilling and more earthquakes. when we have often done these and they

should be a big bulk in energy, however, says the plan has been running without complications for 9 years. now you can click on as of the critics and proponents of this project can rest assured that there won't be any damages. we have the data to prove that over the past few years, decades, then we've learned to appropriately work with a ground here. the, the human, someone, the clinton gain, bulk and energy hopes that people in the region become more accepting, especially since less you mix traction here. happens emissions free. that's because of the hot thermal water that's helps generate electricity, is renewable source. it cools off and is pumped back down on the ground. and a reminder of our top story, the european union is considering sanctioning. 8 chinese companies accused of aging rushes, war and ukraine. it aims, prevents russia from accessing equipments that could be used in west and that's all from me. thank you so much for watching. goodbye. i'm thinking

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