is what's the rise of i, i could means the future to the 3000 those. so experts attending the summit, subjects like regulation when a big part of the discussion. while the rest of us humans witnessed the beginning of a brand new era. the dream with i'm the bachelor up to date, but to stay with us for business of my colleague, kate, focus an up next. find more news i did on the column and photos on social media. i do new number such as well. thank you for watching the some hot tips for your bucket list. magic corner check hot spot and some great cultural memorials to vote

w travel off we go. sometimes a seed is all you need to allow big ideas to grow or bring an environmental conservation to life with learning facts like global ideas, we will show you how climate change and environmental conservation is taking shape around the world and how we can make a difference knowledge grows through sharing, download it now for the, the china introduces an anti espionage mode that broadens the destination of national security to intrude anything from the business documents to social media posts. the new rules come us to be you and others think to reduce their economic dependence on patient will stick to the presence of the

european chamber of commerce in china. also coming up maritime nations. agree on the goals of slash submissions from the shipping industry to net 0 by 2015. we lost our climate reports or how feasible bosses this is dw business on kate ferguson. and thanks for joining me. just days ago, a new on t ask and as low went into effect in china shooting fears that foreign businesses in the country could face legal risk. as a result, the law expands the government's definition of espionage to cover accessing any documents related to national security. this could include university research, multinational business dealings, or even social media chests. mean while in a separate development, china postponed a trip by the use foreign policy chief joseph burrell. scheduled for next week, without giving a reason. tensions between western powers and beijing are currently high as countries seek to reduce their reliance on the chinese economy.

earlier ice folks, he has escalated to president of the european chamber of commerce in china. i began by asking him how worried to foreign businesses are about this new anti espy national. and i think we're not particularly boards and above the as i is the boss and no i. so i think it's important that the, the context of the vital development that you've seen in, in china or several years now, we have seen that security considerations secure. it's a bit self reliance consideration obligated to saving to mobile aspects of the of we cannot make life. and i think that is probably the that the primary concern for us as we are not. and we have specific instances where companies have had issues with the anti is in us know, itself is also ready to do. it only took effect on the 1st of july. it is all of

this into a parent, a home, a goal centers of the economy that are coming within the purview of a security can see races you're seeing now for several years. this drive towards eh, it has the chinese self reliance with the full energy within a technology, and that's something that has a fairly direct impact on, on your repeat business. so instead of focusing on this one for to go so i think it's more of the trip by the direction of travel, the boys that's to choose to come see the reasons seem to take a look at an option dr. pop. and in terms of opportunity considerations in china, now you've been living and working in china for 25 years. would you say there is more or less of a level playing field now? then there was when you 1st arrived it's christy because 25 years a go to it was really a very different across of china was just getting ready to enter into the w t o at

a cost china's into entrance into the w t. o was the, the very big instance of i bought an opening in china and what photos and from china's accession to w 2 in the 2001. and also the global financial crisis in 2008 was really the go go to the age of globalization and also, and your team participation dot com. you obviously as a patient by the chinese academy in, in, in, in europe. what we have seen the after the google s ice process is a c that then it has in particular or the past decade, progressively, in certain areas to come and do bit more difficult for you being covered as ad to participate. and there's a lot of criticism that the you does not speak with a unified voice, and it's dealings with china. how does that affect business on the grand

and i think it tips tips very much. this is a b industries where your customers are, they must live that way. it's not a controversial. there will be a lot of other industries where that with the address and then of course, crease or to is, is also for china add add to the past, make use of these eh, disagreements. so i think it's a very important that the, the union that the member states that they develop its capacity to speak with a one was, i don't understand. also the chinese side is a bit of frustration sometimes by the beast visiting, coming out of namespace. so at least from your perspective, standing in china, it would be very beneficial if we can make sure that whenever we engage x to with john and all the confidence that that be moved towards heavier you, even if i was all right, you have to ask who i'm president of the european chamber of commerce in china.

thank you very much. i a night to some of the other double business stories making news and staying with china's foreign relations. us treasury secretary, john jaelyn, says a d coupling of the us on chinese economies would be quote, virtually impossible. she made the comments during a 4 day visit to the country intended to stabilize on increasingly tens relationship between washington and beijing. twist or has reportedly present the sioux mass off the launch up it's bible short messaging platforms. the new up threats attracted more than 30000000 users and its 1st day twitter owens by 11 month accused mess up run by mark tucker berg of lawfully using its trade secrets by hiring. former employees in the united states hiring appears to be slowing down with fewer new jobs unexpected created in june. the world's biggest economy, out of 209 size and job last month died from 306000. in may,

the figures may come as welcome used to the federal reserve, which recently paused its aggressive interest rates high come pay. chinese authorities are expected to impose a more than $1000000000.00 fine on on the group marking the end of a years long, regular treat overhaul office in tech company. the record fine comes and that a wave of bruising crocodiles on 5 as enterprise now maritime nations around the world have agreed to reduce emissions from the shipping industry to net 0 by around 2050 the vague deadline. and i said, amazing of the u. n's international maritime organization in london apparently aims to take into account differences in national circumstances. the shipping industry comments the kinds for around a 3 percent of global greenhouse gas emissions. putting companies under increasing

pressure to switch to green or fuels. the 18000 containers. a typical soul for the merry mask, it will be at sea for 6 weeks, transporting the goods from europe to over on and south korea. like most of the global contain a fleet, the ship is powered by fossil fuels. the industry emits around 3 percent of global greenhouse gas emissions and the set to rise. approximately $11000000.00 tons of goods are shipped every year. a figure estimated to triple by 2050 shipping is an integral part of global supply chains. and so if were to be carbonized, everything else we need to do. carmen shipping in 2018, the u. n's international maritime organization puts in place targets to reduce carbon emissions by 50 percent by 2050 compared with 2008 levels, but delicate 1st week of the meeting in london. come to a new,

more ambitious agreement. you know, it's possible and, and it's going to be far easier and far less costly. if we have to good apps, we have good frameworks in place. shipping, firms are already investing in low comp and solutions like a mess, the know a climate to mutual fuel. but it will be a long journey ahead to bring the sector in line with international climate goals to, to speak more about this that spring and dw climate reports are louise osborne. believe not 0 by around 2050. it'll sounds a little bit vague. how big of a deal is disagreement actually? so yeah, it's a lot more vague than environments less spoken for. they wanted to see emissions caught by 45 percent by 2030 and for hod net 0 deadline by 2050. obviously they were disappointed this deadline or this target that's now put in place is a lot more flexible,

is also no binding. so that's little penalty for 4 countries that don't meet that. and it's leading to, uh well, it basically means that it's not in the direction that they wanted to to be going in and saying that it is a step forward 2050 as a net. so that 0 deadline, even if it's around that point, it's still better than what they have before, which was a 50 percent reduction by 2050. so the secretary general of the i m o has said that this is a starting point and that they can, i intensify that later on in the is the com. okay, so based upon which to work? now we heard mentioned in that report of carbon, low carbon, carbon neutral fuels. maybe you could tell us a little bit more about the process of the carpet ising, the shipping industry. how does that actually work? so they're looking at a number of pop ways. one is a fuels like a mess and all of that would need to be produced using

a renewable energy for the electricity producing it. so that is one direction and companies like mask are investing in the moment. and then there is also hydrogen, which is another possibility. a lot of industries are focusing on hydrogen as a way to, to move to cleaner energy, especially because we are the byproduct of using hydrogen is water. the problem with that is that it needs a lot of infrastructure to be put in place and also liquid hydrogen needs be kept up minus $253.00 degrees celsius, which obviously leads to a lot of problems. ok. so issues with difficult challenges and i'm thinking it's not just shipping, that is trying to be carbon as a whole, lot of other industries are as well. so the demand for these cleaner fuels must be enormous. is the capacity there. the, the on to that is not like the, the renewable energy required as last to make these a fuels and be as of a solutions that we're talking about. and there isn't the capacity for that at the moment. the b, they will be looking at what, sorry, this is also making

a fuels more expensive. one story for example, set the operating costs of a ship would be increased by 40 to 60 percent by using these e fuels at the moment. just because the quantity is not there. i think that there is a lot of pressure on companies at the moment to produce our carbon emissions. and they are then putting that pressure on shipping companies, 80 percent of what we consume comes via ship. so it's a big sector and very important. and they also need to look at the colonizing the supply chain through government and penalties and policies as well. so. okay, so a huge amount of work to be done that louise osborne, thank you so much. and that brings us to the end of today. so for more you can always check i t, w dot com slash business. we're on the dw, use youtube channel as well, from me on the business team here in berlin. it's bye. take care the

to the point. clear position. international perspective. in the face of turmoil in russia, neighboring rooms is playing increasingly active role. nuclear weapons, and wagner in bella. ruth, to crane and nato. that's our topic on to the point, the dw was the beautiful nefertiti who owns her egypt. this most prominent work of arts and germany's most iconic museum, pete's art historian, benedicts so forth, reopen the case around the bus. she asks,

what will cultural heritage meet in the digital future? the 45 minutes, dw, these places in europe are smash records. step into an old adventure pizza, the treasure map for modern globetrotters. discover some of us record breaking site on google back youtube and now also in book form. the put disarray in russia. mean gain for ukraine, although it's called her offensive has made slow progress. moreau rose, following the failed march on moscow by the wagner group, whose brutal tactics had spilled much ukrainian blood. the longer term fate of wagner's mercenaries could well be decided and neighboring.