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tv   Business - News  Deutsche Welle  June 16, 2023 4:15pm-4:31pm CEST

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the universal music of suspended promotional activities for the gym and rough band ramstein prosecute is investigating sexual assault claims against the groups lead. seeing several women have come forward in racing wake sighing by with drugs and recruited to have 6 with tubing. right? that's all for from me for now. coming up next week, i focus and has all your business news as bill gates doing for the lineup of us businesses latest backing up to choose to budget. that's the remote coming up to the breakdown. anthony housing building, stay with us if you can, the interest, the global economy, our portfolio w business be here's a closer look at the project. to analyze the flight for market dominance.
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get a step with dw business beyond the to say there's to us, the ex wife, to their stories. the reporter, every weekend on d. w, the chinese president, seizing pain welcomes microsoft co finder bill gates in beijing. they're missing follows a number of recent high profile chinese visits from american theos. we ask, what are they talking advice? also coming up hi, romania is economic boom has left the country in need of
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a 100000 workers from abroad. this is the date of the business. i'm kate ferguson. thanks for joining me. a microsoft co signed or bill gates is in beijing for talks with chinese presidents. she's in pain. it's the latest in a string of high profile, but not widely publicized visits from american business leaders. tesla policy law must close their just days ago, meeting with the countries foreign minister with in our ass off his arrival. other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies toes surface signs of slowing growth and tensions with the united states remain high. so what's behind this flurry of meetings to discuss? bass, i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see. nope, the gates has got a really warm welcome in phasing c colt. i'm an old friend. how would you interpret this? well, of course, i would hate to be called an old friend by she didn't say,
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i have to say if it comes to this party calls you a friend or an old friend. i always think that's a bit of a cost rather than a blessing. so but bill gates is, you know, for, for decades was the world which is mine. he's being one of the most successful us businesses been ever so he gets a well, well, i'm better because they're always meetings are, are all to some extent are beat out a lot of times and i'm also trying to, trying to show that it's open for business again, that it is a trying to, it's trying to isolate the world. and, and of course us business as being one of the biggest promoters of china over the decades ahold of farming. nikita us businesses, port billions into china is made billions in china and has driven all by, you know, much about economic growth in china once the show work. we're back for business, but the reality is much more complicated than that. the space it's though have been very low key and we don't really know what was discussed during the why the silence
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. okay, well 1st of all, i think, you know, many of these visits i think are pretty full pharma. you know, bill gates. now if he doesn't run microsoft and he isn't even that big a shareholder, he's ultimately, you know, you're not private citizen of course. but he, you know, he's interested in a plan to see your will help a series and things like that. that's what he wants to work with the chinese to the reason that's quite well, i think is because we don't want to draw attention because that a lot of very, you know, it's a china is on by parkside. if you're in the states, lot of very vocal critics of china and they certainly don't want to draw attention to their visits for fear that they're going to be called a trait or are kind of tiring to, to the dictators on page and things like that. so they're trying to keep the contacts relatively low profile and modest base the time and quietly quietly type of diplomacy. all right, this, this, so these visits come out of time when the chinese economy really looks like it's slowing down. how seriously should we take those concerns?
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oh, it's very serious. so the chinese economy is most certainly slowing down. you know, it is, everyone was part of it has lots of comments for everybody and there's going to be a big update for us. they're, they're all named after kobe's that didn't really comment certainly didn't come in the consumer space. the people a little bit save money during, during through call, but does that cost to me is find difficult. my unemployment is high, property is very depressed. and so this is not consumption like drugs at all. and of course what we also sought during co, it is a stepping point of population. but china is population has started the same thing, but the worst thing is populated against falling fast. and the chinese around having no children, so the story are fine or whatever, drawing medical economy, the world's biggest population, although a series are very much following, all right, phrase or how we thank you very much. thanks very much. i the understanding with the chinese economy according to an analysis by consulting seat from k c. m. j, chinese carmakers are expected occupied 15 percent of the european carmack markets
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by 2025. the country also overtook japan as the world's biggest exposure of vehicles and the 1st quarter of this year. but the majority of growth driven by electric vehicles on that rapid growth has left german carmakers in the backseat. they've traditionally occupied about a 5th of the chinese car market, but in recent years, chinese e. v is a low and you can see that the 2nd line here, how well surpass them. i ask legal as a boss, young, i'm a list of metrics to explain how the chinese e v market was able to grow so fast. the 1st of all, it's really doing very fast as a, as economy as a whole, right? so in 2009, it became the largest call, make it a commer overly. so that's a mess of market. that's really important for companies to accumulate scale. and that is now helping companies like b y, d to become competitive, not just in china,
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but globally. um, on top of that, you had a government that basically pressured phone call make has to give up on us. didn't know how and technology to didn't find his counterparts. phone call make us like folks fun like fools. they have to enter into a joint venture with which ladies can make a to produce for the chinese market. and this kind of technology transfer hasn't held a china as much for combustion engine vehicles, but it still gave them the general kind of proceeds and the equipment necessary to make ease. and i think the, the 3rd stage is when the massive amount of states support that the government has pulled into the sector. knowing that includes the internal combustion vehicles. it's going to be really difficult to catch up with japan, germany, us. but there was other market segment which is not only environmentally friendly,
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but it also didn't have an incumbent that was occupying the market. so trying to really support in local class a lot of the prospects that let's click on the boss down there and you can watch the entire interview about how german carmakers are struggling to keep up in china . in this week's business special, you'll find it on the date of the news youtube a. net to some of the other double business stories making news. china says calls for more e u countries to bond telecom joined huawei from 5 g network have no legal basis. the reaction comes a day off from the european commission, most plans to block the company from the research funding over secures the fears. i present 10 of the use 27 member states have restricted or bond while away from their g networks. us to make or mike on says able invest more than $600000000.00 and it's pocketing facility in the session of sean and china. it
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comes just weeks off their chinese rice and laser set. the firm had failed a network review. my con, made no mention of the review and it's in iceland, but said it was committed to a business in china space stores and from virgin galactic is funding to launch its 1st commercial slice before the end of this month, the window 4th north, your old tourism slide is scheduled from june 27 for june glass picture swords, more than 48 percent following the united u. s. as far as these are investigating whether the proposed merger of professional golf organizer pga tour on saturday, fondest and the golf violates on teach 1st floor. math is backed by saudis, public investment fund, which is controlled by the country crime prints. now over the past several years from maine is economy has been growing solidly driven by e u. funding, currency stability and foreign investment. but the pace of the boot has had an
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unintended effect. the country note faces labor shortages in key factors like construction on services, partly due to romanians advertising to elsewhere in the you to work. now is the government has applied to attract more workers from outside the u. the workers from the pole india pakistan, the philippines. any one of waiting here in front of the immigration office in bucharest, has paid up to 6000 euros to job placement agencies in their home country to legally immigrate to romania. they have a visa, but no residents permit. the immigration office is over whelmed by the government's new strategy. romania wants to grant 100000 work permits for non you citizens this year in 2017 romania gave
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out a mere 5500 permits. since romania joined, the you in 2007, there's been a growing shortage of armenian workers. not only here in bucharest, the black sea resorts meet every hand in the entire country. an estimate of half a 1000000 of workers are lacking. nichol i book of iowa is responsible for several hotels here in constant. for him nothing works without foreign workers. i myself don't know how to convince the romanian who works in france for example to come back. sometimes he would like to sell everything. i don't know either. i asked myself the same question every morning.
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what's next? nicolai's hotel is an urgent need of a few more workers who the younger the say and i k and his colleagues. so me are, are both from sri lanka who die our ship, those ready? and the chicken wings? yes. today they are preparing a romanian dish. bread is cheese. this is their 2nd year in romania. it's unusual and the stroke of luck for the chef. i'm happy they both stayed in romania, unlike others who just left. it makes things a bit easier for us. they have adapted and we do not have to start from scratch. many would use romania as a spring board to move elsewhere on documented the staff explains who the younger wants to stay. he says he earns $500.00 euros a month during high season. he works every day and since nearly all his money to
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his parents in sri lanka, he shares his room with his colleague and knows that western europe is tempting to others for even higher salaries. nearby workers from india are building a high rise with luxury. apartments working conditions are off of camera. we learn that here 5 people share a single room and not everyone building romania is future wants to stay for the long term. a lot ross, the pie shells are more you can always check, i don't the dot com slash business for on the, the daily news egypt tunnel as well. for me, the team here in berlin escobar and take the
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who in the part of the revolution. this deli metro station could be the wells to be completely power twice, solar energy, a sustainable and prestigious projects in india. we can on turn the was that v r s, the morgan manufacture their panels in india. the little guys, this is the 77 percent. the platform for offices use these issues and share ideas
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the, you know, or the, i know we're not of great to catch and then you get to talk to applicants. population is really fast. the young people clearly have the solution. the future belongs to you. the 77 percent every weekend on dw, the clean and sustainable energy which can keep odd water running without damaging the planet. well, that's the dream. hello and welcome on file because the body, i'm your watching e 4 in the.

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