sporting dreams will become realities at the 2023 special olympics. a passive tal vaskins. all right, well that's all for me for now, kate ferguson is up next with you to view business reporting on bill gates. becoming one of the latest us business leaders to at make overtures, to be on the phone in the us from me on the team here in vernon, thanks for watching. take care and i'll see you again up the top of the . every jenny is full of surprises. allowed to give you some

of the right people in your northern most count the police the free time, but still very much alive. your guy to the special recognizes where exactly it was fun. i have learned a lot of our culture history. travel extremely worth a visit. the chinese presidents, aging pain welcomes microsoft co finder bill gates in beijing. their musing follows a number of reasons. high profile. china is visits from american theos, we ask a quad, are they talking advice? also coming up, high romania is economic boom. has left the country in need of

a 100000 workers from abroad. this is need of the business on 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 boston must close their just days ago, meeting with the countries foreign minister with in our ass off. his arrival on the 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 toast several signs of slowing growth and tensions with the united states remain high. so what's behind this a flurry of meetings to discuss tasks. i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see, you know, so 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 think i have to say if the communist party called you a friend or an old friend. and i always think that's a bit of a car stronger than a blessing. so, but bill gates is, you know, for, for decades was world fits his mind. he's being one of the successful years businessman ever. so he gets a while while i'm going to be towards the always meetings, are parked off to somebody standing. i'll be out of time to buy off 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, all 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 life. 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

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, 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. 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. 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 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 it as economy is find difficult, my unemployment is tied, property is very depressed. and so this is not consumption like drugs, alcohol. and of course what we also saw 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 of fine or whatever, drawing medical economy, the world's biggest population, although a series are very much follow, 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 karmic markets. by 2025. the country also overtook japan as the world's biggest exposure of vehicles in the 1st quarter of this year. but the majority of growth is 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, a chinese e. v is a low and you can see the 2nd line here, how well surpassed them. i asked because he goes to bassetti on, on a list of metrics to explain how the chinese e b market was able to grow so fast. first of all, it's really 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. um, that's really important for companies to accumulate scale. and that is now helping

companies like people i. d a to become competitive, not just in china, but globally. um on top of that, you had a government that um, basically pressured phone call make has to give up products. didn't know how and technology to this one is counterparts. a phone call make us like 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 pointed to the sector. knowing that in contrast, made 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,

but it also didn't have an incumbent that was occupying the market. so trying to really support the local class, a lot of the prospects that let's click on the boss down there and you can watch the entire interview about high term. and car makers 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 after the european commission and those plans to block the company from easy research funding over secures the fears. i present 10 of the use 27 member states have restricted or bond while away from their networks. us to make her michael and says able invest more than $600000000.00 and it's pocketing facility

and assessment of sean in 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 torres 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, which is the last picture swords. more than 48 percent following the united us as far as these are investigation, whether the proposed merger of professional golf organizer pga tour on saturday fund of the golf violate on teach 1st 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, romania is economy has been growing solidly driven by e u. funding,

currency stability and foreign investment. but the pace of the boon has had an unintended effect. the country note faces labor shortages in key factors like construction and services, partly due to romanians, our pricing 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 past is down the ceiling. anyone waiting here in front of the immigration office in bucharest, has paid up to 6000 euros to job placement agency, so 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

a mere 5500 firm in 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 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 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 shop there. sometimes you would like to sound every service. i

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 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're 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 the most. i don't know many. i'm happy that they book stage in romania, unlike others, which us that 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 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 life illegally. i think i think they had the plan when they were coming from so you don't go buying a dish or reservation country and 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 remaining is future one stage for the long term. i'm not off the posho for more. you can always check. i don't the dot com slash business for all of the building and future channel as well. for me,

the team here in ryland escobar and take care, the one making the headlines and what's behind them. dw news africa, the shows that the issue is shaping the continents slowly getting back to normal here. well, in the streets, the give you in the report on the inside of correspondence is on the ground a reporting from across the continent. for instance, from outside to you, the next dw they've cherish them, take care of them. and of course they also drive from vintage cars in india as part of the community. the obsession. or is it only a key shape?

we visit the car fanatics to find out read for 60 minutes, the pond dw, the the years to us. that's why we listen to their stories. reporter every weekend dw, the best as dw, and use africa coming up on the program. what are his life? what is not a drop of it's dispatched to drink is that africa cities, people that die in from colorado costs by decades of neglect and risk management of the country's water treatment system.