tv Business - News Deutsche Welle June 17, 2023 5:15am-5:31am CEST
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marking off a painstaking decade long investigation, scientists say the diamond store was 4 meters long, weighed around a tongue and lived 72000000 years ago. to find proves for the 1st time that duck build dinosaurs lived in one of his native chilean patagonia, near at south america's southern tip. that's all for me for an advocate. ferguson is up next with dw business, and i'll be back again at the top of the next hour for me, the team here. berlin, thanks for watching and take the hello guys. this is the 77 percent. the platform for the seats issues and share id. the, you know, or the so i know we're not a great to catch and then you get to talk to the applicants. population is moving
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fast. the young people clearly have the solution. the future is 77 percent every weekend on dw, the 100 german streets on dw of the, 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. i'm paid 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. tesla boston 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 chose several signs of slowing growth on tensions with the united states remain high. so what's behind this? a flurry of me things to discuss tasks. i'm joined now by time i'm list fraser, highly freezer. it's good to see, you know, delegates 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 congress party calls you a friend or an old friend, i always think that's a bit of a cost rather than a blessing. so that bill gates is, you know, for, for decades was horrible. fix his mind. he's being one of the most successful us businessman ever. so he gets a while while i'm going to be towards the always meetings are parked off to some extent. 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 of china over the decades ahold of farming. nikita us businesses, port billions into china is made billions and china has driven all life. 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. the space of so 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 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. 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 page and things like that. so they're trying to keep the contacts relatively low profiles and bodies 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. how seriously should we take those concerns?
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it's all, it's very serious. 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, not unemployment as high property is very depressed. and so this is not consumption like drugs, alcohol, and of course, but we also saw jericho. it is a stepping point of population, but china is population, it start printing. but the worst thing is populated against falling fast, and the chinese around having no children. so the story of fine up ever growing medical economy, the world's biggest population, all the issues are very much falling, all right, phrase or how we thank you very much. thanks very much understanding with the chinese economy. according to an analysis by consulting seat
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from k t. m. j, chinese car makers 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 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 surpassed them. i asked clear goals about 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 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
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that is now helping companies like b y, d a to become competitive, not just in china, 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 too did find his counterparts. 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 ease. and i think the better 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 was, it 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 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 the 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 ponds to block the company from the research funding over 6 years experience. i present 10 of the use 27 member states have restricted or bond while away from their networks. us to make or mike on says able invest more than $600000000.00 and it's packaging 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 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 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 countries crowd prints. now over the past several years, romania is economy has been growing solidly driven by e u. funding,
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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, our 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 task 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 is over whelmed by the government's new strategy. romania wants to grant 100000 brook permits for non you citizens this
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year. in 2017 romania gave out 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 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, i just saw 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
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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 se inaccurate and his colleagues. so me are, are both from 3 long who die are stick this ready? and the chicken waiting. good. yes. today they are preparing a romanian dish. bread is cheese. since we came here we learned a lot about this is their 2nd year in romania. it's unusual and the stroke of luck for the ship. ringback the most, i don't know many. i'm happy that they book state here romania. unlike others which was flat. we might what makes things a bit easier for us. they have adapted it and we do not have to start from scratch . the additional many would use romania as a spring board to move elsewhere and documented this stuff explains the younger ones, the space keywords $500.00
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a month during high season. she works every day and since nearly all these 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 you don't go buying a diesel reservation country the like they had this plan to go some of the go to this particular country and they supposed to get paid 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 me or you can always check. i did have the doc. com slash business for all of the building and future tunnel as well. for me, the team here in ryland escobar and take care
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european saver. here over 60 minutes on what secrets why behind being discovered new adventures. again, 360 degrees and explore fascinating world heritage sites dw world heritage 360 i guess. yeah, no plastic comes at all shapes and colors. it can be hard or soft clue like gloves get unbreakable or it can be a nice day plastic as cheap to produce and it solves lots of everyday problems.
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