any targeting the climate actions? good last generation prosecutors in the southern state of the various i total of 15 properties were right across the country, including flats and officers operation as part of an investigation focused on 7 members of the right. coming up next. china struggles to provide jobs for young people, bro, boss has that story and a whole lot more coming up after a short break on. think of leave this stay with the green. you feel worried about the plant? i'm the host of the on the green fence post cost and so we, it's clear we needed to join me for a deep dive into the green transformation for me for use for the plan, the interest,

the global economy, our portfolio dw business be here's a closer look at the project to analyze the flight for market dominance. get a step with dw business beyond the, the win is lose is from china is economic recovery. businesses may be the best thing back into life, but that on to enough jobs to go around, especially the countries use high inflation. and the slowing regional economy will ask what is like the business in germany right now? and so far as joining the list of big on getting

a russian replacement will see inside the shop is taking over its flagship store. in most scott, this is due to be a business, some of what's in bed and welcome to the program. not everyone is feeding the benefits of china's economic re boot. badging is encouraging young people to leave the cities to find work as a solution to search and use unemployment are currently around 11000000 jobless people, age 16 to 24 in china. that's one in every 5 and another 11000000 graduates are expected to enter the crowd as jobs market. later this year. pricing unemployment is a major concerns of aging which uses it to gauge social stability and economic growth . from on this last cross, throughout the correspondence in type paid so its own hon. so who are proving to be the win is and lose is actually when it comes to china's economic recovery. slow, rob,

the winters of those who work in retail and service sector because of growth of 2 industries remaining relatively solid, fixed asset investment growth slowed, especially the real estate investment. it reflects that developers. confidence in the market has not yet been restored and a full recovery is not there yet. at the same time, the industrial production growth also fail back for the 1st time since the corporate outbreak trying to kind of meet recovery as on even. and the rising pressure of global recession and the tests relationship between the us and china will continue to put pressure on badging. we also have a fear of young chinese jobs because out of work in america, how are you in chinese, people feeling about the problems facing badge interest? of course, they feel worried and insecure. we have to understand, most of chinese families spend a 3rd of their income into this young people's education. so the new generation is the best educated generation of all time in china. but when these young people

graduate and want it to enter the job market, they find their education and skills don't match the jobs that need to be filled. and they want something more than just a career of law hours in a factory. so there's a severe labor shortage in china, about $1.00 and $5.00 of the young people between $16.00 to $24.00 cannot find a job they want. so there is a great gap between their expectations and reality. so how does the government aging deal with as of discontent? that it's, it's causing and the new generation, cuz that is an important constituency for a government that wants to be empowered in public choice, isn't it? of the you're right. so, basing has rapidly respond to this growing this content by many means 1st after they found the job market in dallas, the government adopted a policy to boost the capacity and quality old vocational schools. so these help um to field jobs in advanced manufacturing that we just talked about at the same time,

they tried to manage that the is already created by this current education system. so they limit the amount of homework in a band tutoring companies to encourage competition. and to make housing more affordable, the government try to control the real estate market. this is very important in china because buying a house is one of the most important life goals for many young people. so the government hopes that be some interest would work and make life easier for the new generation. and what about specifically that use on employment this, the chinese government have a plan to tackle that. yes of paging has demanded. the state owned enterprises to hire more graduates this year hoping to meet its goal of creating about 12000000 new jobs by 2023. different local governments have also set goals to mobilize, graduates work and start business in the countryside over the next 3 years. at the same time, the government is also trying to convince young people with a family qualifications to lower the expectations and take jobs. they may not think

of nasty or qualifications. it's kind of how you cite to try to convince them how do you go about that you called for these young people to do what they want to do and move out into the countryside or whatever can you of the well, i don't know if it works but the government launched out aggressive propaganda can pan promoting different role models. for example, a one couple interviewing vide state media said they can earn more than a 1000 your a day by selling potatoes until we have the 9 market. another student starting of aging, said that he decided to work in a nursing home in a remote village, even though the job only paid him $400.00 you a month. but he can use this experience for his graduating reapplication and get him a job in the government in the future. just a lot of positive examples on this. i'm not sure so sure if this examples are very convincing, but the government is working on it. it's hard to imagine being able to convince no city dwelling students to be of athens to the countryside, but anyway,

thank you. sites on hon inside pay for us. now let's take a look at some of the other global business stories. but in making the news unit, claire has decided to leave russia after suspending is operations that last year due to the ongoing well in ukraine. the japanese brands preparing a sale of business nuclear has 50 stores all over russia. ukrainian board of 5th denny has halted operations and russia is not allowing ships to enter. it effectively cuts before the house of a deal allowing great and exports through the black sea cubes says russia is in violation of the great deal as tiffany is the largest port in the area. and german business data is off pessimistic about the current situation and the future, particularly those who run manufacturing and trade firms. that's according to the latest reading of the countries. e file reports that fell for the 1st time in 6

months. but let's discuss the situation facing german businesses with the president of the info institute. clemens forced clements if his business climate index that's a fell during may. so was a way to take from that of things, getting less a yes, i'm afraid they are now. we've had a couple of months with a recovery in the index, and now we have a negative reading. this is coming in particular from expectations. so we ask companies how all they expect the coming uh 6 months to, to be. and what they telling us is they are skeptical, and they are skeptical because incoming order is a week, they are skeptical because interest rates are rising. and also because really comes of households all declining as inflation, it's up real wages and that keeps the economy and check you know, we also have the news, the yours and economy

a drive is actually slowed during may. so i know how words are you about that? i think this is the inevitable consequence of tightening monetary policy. so we have these very high rates of inflation. uh, energy prices are coming down, but the car inflation is rising. so what monetary policy has to do is slow down the economy and it looks like this is walking, this is not pleasant. bought inevitable, to bring down inflation rates. there is a big celebration actually happening in frank fis on wednesdays, about 25 years of the european central bank. but i suppose that inflation is somewhat ruining the policy. how big is that? how big challenges like going to be full business is going forward and, and all the signs that it's going to stop moving in the right direction at least. so i think in some ways the slow down of the mind is assigned is moving in the right direction. but we are far from being out of the woods here because current

placements that are rising and a it's now very difficult for central banks to strike a balance between putting on the brakes and avoiding and overshooting of monetary policy, which will take the economy into a recession, so it's a classical di lemme we have in the speculation, every situation a situation with high inflation rates and a relatively weak economy there. it's particularly difficult for central banks to do the right thing. i would expect. what they would do is maybe stop the interest rate rises and look how the economy develops and if necessary. uh, raise interest rate, small, but later. okay. clements 1st president of the 1st thank you so much for giving us your time. thank you. since its invasion of ukraine, many western brands have disappeared from russia, among them, among them all famous names like gucci,

audi deaths and mcdonalds. and as we mentioned, that unit club has just joined them. a lot of these companies outlets have closed. i need to be replaced by almost identical kremlin friendly businesses. now another retailer has seen a form of flagship store reopen. but under new management. this is one of the most prestigious shopping streets in moscow. fashion favors here cuz netscape most with spanish browns are on today that stores open once again under a new name mug. of course, it's no longer owned by spain's india tex. they left for us to last year and sold the business to the u. a based on her group, still most, most of the bites refer to the boutique lazara, especially since there's so many similarities. same store, same principle, stylish clothes for younger customers that are reasonable price markets. the news are these kind of as good as the main

share. yeah, well there are few are really exciting design or close on offer. the prices of stay the same. but the styles are simpler. the reopening of what was formerly desirous flagship store in russia a year after the start of the war and ukraine has caused quite a sensation. many western companies have been pulling after their rush operations for months, empty stores in the heart of the russian capital, where western goods were once consumed on mass. give the impression that the entire west is turning its back on the kremlin. but this impression is deceptive. at least according to the results of the legs of study by the university of saint collin. of the study says less than 80 percent of us companies. just 8.3 percent of you, firms had withdrawn from russia by the end of last year. i suppose that there are plenty of reasons for that there,

but in terms of what's the cost of them it. so governance regulation so they can use it. unlimited number of stakeholders or buyers would like to borrow some shares or the companies or as a whole company, but this is the one. and the main reason is, and they're willing to continue, receives benefits and money from the rest of the market is also the question of what exactly is meant by withdrawal. this with study only takes into account the complete closure of branches and russia. but it doesn't include a holton deliveries or an engine you investments. also, moscow is making it increasingly difficult for western companies to leave russia. according to a regulation business stakes may only be sold at half the market price. and the russian state gets 10 percent of the purchase price through compulsory levies. so from the end, the business team, hey, invalid,

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