tv Business - News Deutsche Welle June 17, 2023 8:15am-8:30am CEST
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screeches coast guard is extending a search for hundreds of people missing for a boat carrying migrants capsized in one of the mediterranean, worst, maritime disasters. united nations as calling on the european union to do more to prevent my front desk at the that is. thank you so much for joining us. i'm sorry. richardson in berlin from the entire team working behind the scenes. we really appreciate your time. the highly toxic asbestos it's been banned for decades in many countries. damage cost to people in the environment is catastrophic. would
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take more than a 100 years to completely dispose of all and especially those containing materials only meant tell you i know the never ending story of asbestos starts. june 21st on d. w. these places in europe, our records stepped into an old adventure pizza. the treasure map for modern globetrotters discover some of us record breaking site on google, mac, youtube, and now also in book form the chinese presidents, asian ping, welcomes microsoft co signed or bill gates in beijing. their musing follows a number of reasons. 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. 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 within our ass, off his arrival. other big name visits over the past few months, have included apple boss at him cook on safety. morgan c o, jamie diamond. the visits come as the chinese economies, toes, 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 tyna. i'm list fraser highway, fraser. 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
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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 calls 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 thoughts. that always mean things are, are 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 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
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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. 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?
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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 covered as economy is find difficult. my unemployment as high property is very depressed. and so this is not consumption like drugs at all, 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 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 and the staying with the chinese economy according to an analysis by consulting
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seat from k c. m. j, 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. 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 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 festival, it's really very fast as a, as economy as a whole, right? so in 2009, it became the largest call make a comma globally. so that's a massive market um that's really important for companies to accumulate scale. and
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that is now helping companies like people id to become competitive, not just in china, but globally. um, on top of that you had a government that basically pressured phone call make us to give up out of the know how and technology to this one is counterparts to phone call 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 stages with the massive amount of states support that the government has pointed to the sector. knowing that in contrast, made internal combustion to 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 the local class, a lot of the prospects that was taken out of 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. you choose not to some of the other double business stories making news. china says calls for more and you 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 the 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
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session of sean in china. it comes just weeks off their chinese 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 finding 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 towards more than 40 percent following the announcement. us as far as these are investigation, 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, 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, emigrating 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
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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 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 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. 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'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 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 is $500.00 a month. during high season,
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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 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 learned that here 5 people share a single room and not everyone building with a manias future one stage for the long term on that rock by
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the state, cherish them, take care of them. and of course they also drive them. 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 stress. you know, the, the, the, as you become pretty kind a told me about sugars paralyze between your societies. computers
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