tv Business - News Deutsche Welle June 17, 2023 3:15am-3:30am CEST
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as a landscape pressure launched, a missile strike on ukraine's capital key and that's all for me. for now, kate ferguson is of next with dw business reporting on bill gates becoming one of the latest us business leaders to make overtures to beijing on pop up on any s from me on the team. here in berlin. thanks for watching. take care and i'll see you again at the top of the the
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cars on the cool. cool. great. but it's just me of the chinese presidents aging pain welcomes microsoft co finder bill gates in beijing. their musing follows a number of recent high profile chinese 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
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a 100000 workers from abroad. this is need of the business on page ferguson. thanks for joining me. microsoft co founder 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, mazing what the country's 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 toll several signs of slowing growth on tensions with the united states remain high. so what's behind this flurry of nice things to discuss tasks i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see. nope, though gates has got a really warm welcome in phasing see colt. i'm an old friend. how would you
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interpret 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 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's then 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 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 port, billions and to china, does make billions in china and has driven all that, you know, much about economic growth in china wants to show it, 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, 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 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. 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 chinese economy really looks like it's slowing down. and how seriously should we take those concerns or?
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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 that 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 follow, 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 car makers 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. 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, chinese e. v is a low and you can see that the 2nd line here, how well surpass them. i asked click elizabeth 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 very fast as a, as economy as a whole, right? so in 2009, it became the largest co make it a commer. overly. so that's a massive market. that's really important for companies to accumulate scale. and
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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 to go home and that basically pressured phone. com make has to give the heart of the know how and technology to ditch findings, counterparts. a phone call 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. and this kind of 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 it nice. and i think the fed stages with the massive amount of state 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 snatches some of the other double business stories making news. china says calls for more e u countries to bond telecom giant huawei 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 bond while away from their g networks. us to make her mike on says able invest more than $600000000.00 and it's packaging
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facility in the session of sean and china. it comes just weeks after chinese rice and laser set. the firm had failed a network review. my con, made no mention of the review and it's a 9 foot set. it was committed to a business in china space torres and from virgin galactic is finding to launch its 1st commercial slice before the end of this month. the window 4th north, your old tourism slide is scheduled from june 27th for june, and july fixture 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 funded the golf violate on teach 1st floor may have is backed by some of these public investment fund, which is controlled by the countries 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,
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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, amick pricing to elsewhere in the you to work. now is the government has a plan to attract more workers from outside the u. the workers from the pole in the up talk 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 the ration offices is over whelmed by the government's new strategy. romania wants to grant 100000 group permits for non you citizens this
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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 armenian workers. not only here and 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 address no, nothing works, you know, as far as records 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 don't know either. i asked
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myself the same question every morning for what's next. nicholas hotel is an urgent more of a few more workers who the younger, the se inaccurate and his colleagues. so me are, are both from 3 long who die are stick this ready? and the chicken wayne got it? yes. are today 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. the most. i don't know many. i'm happy that they blow 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
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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 like legally. i think i think they had the plan when they were coming from so long go buying a dish or 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 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. i'm 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, the team here in berlin escobar on taking
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the, to the point clear positions, international perspectives. after much preparation, ukraine's long awaited counter offensive has to be gone. and while its forces are still reporting their gains in meters, experts say the progress is credible how we're approaching react. that's our topic onto the is considered the father of a rocky photography lot. he fell on a p documented iraq in the 50s, sixties, and seventies. and then stopped taking pictures. now he sets out on one
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last journey to visit the remnants of the vanished world, recaptured in black and white rocks. last evening. on d w. these places in europe are smash, records step into a venture. it's the treasure map for modern globetrotters. discover some of us record breaking site on your back to and now also in book form the ukraine is long awaited counter offensive has begun. and while its forces are still reporting their gains in meters, experts say the progress is credible as ukrainian force has pushed to take territory and russian occupied south and east. they're relying in part of western supplied weapons like these leper tags.
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