tv Business - News Deutsche Welle June 16, 2023 11:15pm-11:31pm CEST
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and in those games, which were dominated by this spectre of a violent, oppressive. and it's extraordinarily mean spirited regime today. we now will be welcoming into that same stadium, maybe the legacy of jesse owens, these new pioneers, these new rebels for dignity and inclusion. we wish you well with that, thank you for sparing us the time coming in a special load. has chan tennessee strive? i thank you for having me set you up today to uh, to coming up next day on the w k to folks. and how's your business set up today? have a good day, the can you hear me? we are all set. we are watching close to the to bring you the story behind the new we own about on volume information for
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free might. so due to an interest in 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 d. w. business beyond the chinese president, changing pain welcomes microsoft co finder bill gates in beijing. their musing follows a number of reasons 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 need 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 installation in a string of high profile, but not widely publicized visits from american business leaders. tesla policy law must 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 economy is told, several signs of slowing growth and tensions with the united states remain high. so what's behind this flurry of these things to discuss? bass, i'm joined now by tyna. i'm list fraser highway fraser. it's good to see. nope, the gates has got a really warm welcome in phasing see called him an old friend. how would you
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interpret this? well, of course i would hate to be called an old friend bye. she didn't say, 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 world french's mind. he's being one of the most successful years businessman ever. so he gets a while while i'm going to be thoughts that always mean things are, are off to some extent peter orfine's mind of 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 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 port, billions and to china has 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, for the ality is much more complicated than that. the space of so have been very
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low key and we don't really know what was discussed during the why the silence. okay, well 1st of all, i think, you know, many of these visits 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. 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 armada is basically kind of just off i 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
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slowing down. and how seriously should we take those concerns? 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 here about it. 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 covered as economy is find difficult by unemployment as high property is very depressed. and so this is not consumption, light drilled at all and of course, but we also saw jericho. it is a stepping point of population, but china is population. his diary strengthen the working is popular use against falling fast and the chinese around having no children. so the story of china ever growing medical economy, the world's biggest population, although a series are very much smaller. alright, fraser, how we thank you very much. thanks very much. i to understanding with the chinese economy according to an analysis by consulting seat
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from k c. m j chinese carmakers are expected to occupied 15 percent of the european carmack markets by 2025. the country also overtook japan as the world's biggest ex, portion of vehicles. and the 1st quarter of this year with a 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 of chinese ease a low and you can see that the 2nd line here, how well surpass them i ask, legal is about to young. i'm a list of metrics to explain how the chinese e v market was able to grow so fast a 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.
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and that is now helping companies like b y, d a to become competitive, not just in china, but globally. but on top of that, you had a government that basically pressure to phone call make has to give them a lot of them know how and technology to to expand his counterparts to phone co make as much volkswagen like food 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. and i think the, the fed state is when the massive amount of states support that the government has pulled into 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 snatches 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 has no legal basis. the reaction comes a day after the european commission and those 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
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session of sean and china. it 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 july fixture, swords more than 48 percent following the announcement. us as far as these are investigating whether the proposed merger of professional golf organizer pga tour on saturday fondest and the golf violate on teach. first floor may have is backed by some of these 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
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by e u. funding, currency stability and foreign investment. but the pace of the boot has had an 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 india pakistan looks really. 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 group permits for non you citizens. this year in 2017 romania gave out
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a mere 5500 from the good news. 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. foreign workers. since romania joined the union 2007, there's been a growing shortage of remaining and workers not only here in eucharist, the black sea resorts, 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 2 daughters, 3, nothing works. you know? as far as workers, i myself don't know how to convince the romanian who works in fonts, for example, to come back and sat there. sometimes she would like to sound every service. i
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don't know either. i asked myself the same question every morning for what's next. nicolai's hotel is an urgent more of a few more workers who the young god 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 wayne got it. yes. to the a. they are preparing a romanian dish. bread is cheese. 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. the most. i don't know many. i'm happy that they blow stage in romania, unlike others which was flat. we might make links a bit easier for us. they have adapted and we do not have to start from scratch, that they've shown as many would use romania as a spring board to move elsewhere. and documented this stuff explains the younger
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ones to state your 500 your i'm during high season, she works every day and since nearly always money to his parents and 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 you don't go buying a dish or reservation country the 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 off of camera. we learned that here 5 people share a single room and not everyone. building romania is future one stage for the long term and not ross the posho. for more you can always check. i don't the dot com slash business for all of the building and future tunnel as well. for me,
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the team here in berlin escobar and take care the making the headlights and what's behind them. dw, near the shows that faculty issues shaping the continents slowly getting back to normal. here we're on the streets to give you enough for points on the inside corresponds is on the ground, a reporting from across the continent, the french stuff from outside to you. the next dw who in the part of the revolution, this daily metro station could be the new well to be completely powered by solar energy, a sustainable and prestigious project in india,
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we stand on the was that we are asked the morgan manufacture their panels in india the what secrets why behind being discovered what ventures? again, 360 degrees and explore. fascinating world heritage sites p w world heritage 360 yeah. now the best as the the news off coming up on the program. what time is life pots? what is not a drop of it's dispatched to drink is that africa cities. people are dying from colorado, cost by decades of neglect and mismanagement of the country's water treatment system.
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