tv Business - News Deutsche Welle June 16, 2023 6:45pm-7:01pm CEST
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be in need of a 100000 workers from abroad. this is need of the business. i'm kate ferguson. thanks for joining me. microsoft co founder 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 the american business leaders. test lip off the lot most because they are 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 chose several signs of slowing growth on tensions with the united states remain high. so what's behind this? a flurry of meetings to discuss tasks. i'm joined now by time i'm list fraser, highly freezer. it's good to see. now delegates has got a really warm welcome in phasing c colt. i'm an old friend. how would you interpret
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this as well? of course, i would hate to be called an old friend by susan thing i have to say if the communist party calls you a friend or an old friend. and 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 where it was purchased. my use being one of the successful years businessman ever. so he gets a while, while i'm going to be towards the always meetings are, are off to some extent, are beats out of time to buy off trying to trying to show that it's open for business again. that it is a try and it's trying to isolate the world. and of course, us business as being one of the biggest promoters of china over the decades, ahold of farm and not in the us businesses part, billions and to china does make billions in china and has driven all by, you know, much about economic growth in china. wants to show work, we're back for business, but the reality is much more complicated than that. these space and so have been very low key and we don't really know what was discussed during them. why the
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silence? okay, well 1st of all, i think, you know, many of the visit i think are pretty full farm up. 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 inflammatory global l k 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 they don't want to draw attention because there are a lot of very, you know, it's a, china is a bi parkside issue in the states, a 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 traitor. 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. everybody's base the time and just quietly, quietly type of diplomacy. all right, this, this so these visits come out of time when the time these economy really looks like it's slowing down. and 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 are, 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 the conway is find difficult. my unemployment as high property is very depressed. and so this is not consumption, light drilled at all. and of course what we also sought during co, it is tipping 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 of 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. and staying with the chinese economy, according to an analysis by consulting seat from k c. m. j,
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chinese carmakers are expected occupied 15 percent of the european carmack markets by 2025. the country also overtook japan as the world's biggest exposure of vehicles in the 1st quarter of this year with the majority of growth driven by electric vehicles. and 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 the 2nd line here. how well surpass them. i ask who he goes about young. i'm a list of metrics to explain how the chinese e v market was able to grow so fast. the festival, it's really going very fast as a, as economy as a whole, right? so in 2009, it became the largest co make a comma globally. so that's a massive market. that's really important for companies to accumulate the scale. and that is now helping companies like b y, d a to become competitive,
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not just in china, but globally. but on top of that, you had a government that basically pressured phone call make has to give up product, didn't know how and technology to ditch find his counterparts to phone co make us like folks fun like fools. they have to enter into a joint venture of the chinese co maker to produce for the chinese market. this come up, technology transfer hasn't held a china as much for combustion engine vehicles, but it's still gave them the general kind of proceeds and the equipment necessary to make ease. i think the, the fed state is when the massive amount of states support that the government has pointed to the sector. knowing that in contrast, 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 giant, far away from 5 g network has no legal basis. the reaction comes a day after the european commission and those plans to prolong the company from easy research funding over 6 years experience. i present 10 of the use 27 member states have restricted or find far away from their g networks. us to make her mike on says able invest more than $600000000.00 and it's packaging facility in the session of sean in china. it comes just weeks off their chinese
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vaccine 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 torres and from virgin galactic is funding to launch its 1st commercial slice. before the end of this month, the window 4th northfield tourism slide is scheduled from june 27th, which is the last picture sort more than 40 percent following the announcement. us as far as these are investigating whether the proposed merger of professional golf organizer pga tour, i'm side of the fund of the golf violates on teach 1st floor math is backed by some of these public investment fund, which is controlled by the country crime prints. now over the past several years remaining, as 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 and 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 in the pack is down the ceiling. anyone waiting here in front of the immigration office in bucharest, has paid up to 6000 euros to job placement agencies in the country to legally integrate to romania. they have a visa, but no residents permit so much in the, in the regional over whelmed by the government's new strategy. romania wants to grant 100000 brook permits for non you citizens this year. in 2017 romania gave out
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a mere 5500 firm in the good. there is romania as economy is growing the bad, especially in service and in the construction sector. the simply not enough for me is to take on jobs. now the government is trying to fill those gaps by turning to them for and we're occurs since romania joined the union 2007, there's been a growing shortage of remaining and workers not only here in eucharist, the black sea resort, every time in the entire country, an estimate of half a 1000000 workers are lacking. nichol i book of iowa is responsible for several hotels here in constant for him. move with them, but i'm going to touch 3. i checked on. nothing works, you know, as far as workers. i myself don't know how to convince romanian who works in fonts for example, to come back and shop there. sometimes you would like to sound every service. i don't know either. i asked myself the same question every morning. what's next?
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nicholas hotel is an urgent more of a few more workers who the younger the say, and i k and his colleagues. so me are, are both from 3 long who die are stick this ready and the chicken waiting. good. yes. to the a. they are preparing a romanian dish. bread is cheese. but since we came here we learned a lot about coming in for. this is their 2nd year in romania. it's unusual and the stroke of luck for the ship. all the way over a month, a little money. i'm happy that is a book stage in romania, unlike others which was flat. we might what makes things a bit easier for us to do. they have adapted and we do not have to start from scratch. that many would use romania as a spring board to move elsewhere and documented this stuff explains who the younger wants to stay here or 500 euro during high season. he works every day. and
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since nearly all his money to his parents in sri lanka, he shares his room with his colleagues and knows that western europe is tempting to others for even higher salary. really, some people have left their country like legally. i think i think they had the plan when they were coming from so long ago, buying a visual reservation country that like they had this plan to go some of the go to this particular country. and this was the game nearby workers from india are building a high rise with luxury apartments working conditions are all of camera. we learn this year. 5 people share a single room and not everyone building manias, future one stage for the long term. i'm not off the posho for more, you can always check, i do don't the dot com slash business for all of the building and future tunnel as well. for me, the team here in berlin escobar on taking the
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live working as long been a male dominated industry in nigeria. but elizabeth, if i, you know, will do, refuses to go with the flow. she designs and manufacturers, modern furniture in our own workshop. and as a role model for many and not just when have free mexico in 30 minutes thought d. w, bearing civilians and treating prisoner as humanely. the rules of war are so simple, but they are disregarded in armed conflict around the world. a red cross seems worker wants to change that his mission is to enlighten soldiers about
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the rules of war in 75 minutes on dw would or sports all of our orange of the we say they're about never giving up the most exciting sport stories about people their passions and their drive boards life every weekend on dw evelyn charmaya, welcome to my pod cast. last matters that i advised, celebrities, influenza, and experts to talk about all playing loved data. and yet today, nothing less the south. all these things in more and the new season of the fun comp
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. make sure to tune in wherever you get your thoughts costs, enjoying the conversation. because you know it's last matter the this is the deadline. news live from bullitt. crime invited to african lead us to join the global pace talks during that visit the adults with president a lot of mr. laskey ross and launches. i miss all strikes on the capital piece. so coming up, nathan makes a start on drawing up the west 1st defense strategy since the cold bull name is also a great to.
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