always by following fully ukrainian presidents automate savanski is in turkey to rally support for his country's faith to join nathan. for the 1st time he received strong backing from the president bunch of tonya battle one who said there was no task new credit deserves to become a member and you're off to dates. i've been presented. and thanks for joining us here on the w news. we'll have a lot more use coming up for the next hour or 2 then by the police places in europe are smash. records stepped 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 the book form. 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 gross through sharing, download it now for the the china introduces an anti espionage load that broadens the destination of national security to include anything from the business documents to social media posts. the new rules come up to you and others seek to reduce their economic dependence on patient will stick to the process of the hurricane. chamber of commerce in china is 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. thanks for joining me. just days ago, a new on the espionage low went into effect in china, shooting fears that foreign businesses in the country could face legal risks. 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 facing are currently high as countries seek to reduce their reliance on the chinese economy.

earlier i spoke to you as escalated presence of the european chamber of commerce in china. i the counselor asked him how worried to foreign businesses are by this new anti espionage, all them i think we're not particularly boards and above the, as i is the boss and all i. so i think it's important that the, the context of the vital development that you've seen in china or several years now . we have seen that security considerations, security bid, self reliance consideration obligated to save him from all aspects of the, of the cannot make life. and i think that is probably the, the primary concern for us and we're not, and we have specific instances where companies have had issues with the anti is, you know, itself is also ready to do. it only took effect on the 1st of july, and it's all of this into a parent, a home,

a goal. since those of the economies that are coming within the purview of a security across the 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 the business. so instead of focusing on this policy, but also i think it's more of the trip by the direction of travel, the boys that's a choose to come see the reasons seem to take it and of as an option. dr. pop 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 ago town it was really a very different across of china was just and getting ready to enter into the w t.

o at a cost china's into incidence into the w t. o was the very big instance of a bucket opening in china and what the photos of, from china's accession to the 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 f ice process is a see that 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 grant?

and i think it tips tips very much. this is a be industries where you are being customers are they must a lot of where it's not a controversial. there will be a lot of other industries where that where the other screen and then of course, crease or, or to is also 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 visiting coming out of namespace. so at least from your perspective, saving in china would be very beneficial if we can make sure that whenever we engage x to with john and all the customers that, that be moved towards heavier union. even if i was, or i can't ask who i'm president of the european chamber of commerce in china.

thank you very much. i to 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 threatened to sue massa ops the launch off as bible short messaging platform. the new app threads attracted more than 30000000 users, and it's 1st day twitter owens by 11 mazda accused mess up run by mark sucker burke of on low fleet using its trade secrets by hiring former employees. in the united states hiring appears to be slowing down with fewer new jobs, unexpected creation in june. the world's biggest economy, out of 209 size and job last month died from 306000 in may. the vickers may

come as welcome used to the federal reserve, which recently paused if aggressive interest rates high come pay. chinese authorities are expected to impose a more than $1000000000.00 fine on ons group marketing the end of a years long regulatory overall office and tech company. the record fine comes from it, 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 us international maritime organization in london. apparently aims to take into account differences in national circumstances. the shipping industry commons, the kinds for around a 3 percent of global greenhouse gas emissions. putting companies under increasing pressure to switch to cleaner fuels. 18000 containers. a typical

soul for the merry mask, it will be at sea for 6 weeks. transporting the goods from europe to olga and south korea. like most of the global contain a fleet. the ship is powered by fossil fuels. the industry emits round 3 percent of global greenhouse gas emissions, and that's 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 we're to the carbonized everything else we need to do. carmen shipping in 2018. the us international maritime organization puts in place targets to reduce carbon emissions by 50 percent by 2050 compared with 2008 levels. but delegates this week of the meeting in london to 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, we have good frameworks in place. shipping firms are already investing in low carbon solutions like a mess or know a climate neutral 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 it 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. then environment's less working 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 known 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 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, no 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 then looking at a number of pathways, 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 as 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 challenge 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 be 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 factor 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 the,

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