to matters he's not just trying to kind of get the most as of the world. he's also trying to manage his own people's expectations. it's a tough job, but he's a tough line for him to work. especially stories reachable kind of our international edits are thank you very much for bringing us up to date of your continued coverage of our rolling coverage of today's summit. emilio, thank you very much for watching. i've been puzzled, and that brings you up to date on the latest here on the war in you print. thank you for watching. the stay up to date is our highlights. p w program online. d, w dot com highlights criminal

pretty clinic. already told me about sugars paralyzed tire societies, computers, incentives, and governments that go crazy for your data. we explain how these technologies work . that's how they can also watch it. now the, the therapy in union and australia failed to nail down a free trade deal, good disagreements or things like branding for cheese and wine get in the way of a deal that would cover critical minerals needed for electric batteries. we'll take a look is also in our show,

china is extending stimulus measures for its beleaguered property sector, which continues to wait on the country's economy. and we'll give you a tour of a lush of vegetable garden right smack in the middle to buy. i've seen busily in berlin, welcome to our show, talks over a free trade agreement between the you and australia have stalled, with negotiations meant to conclude this month. but there are a number of on result issues. australian prime minister anthony albany is a set exporters from this country should have access to your pin markets, for example, for b, for sugar. and other sticking point is geographic indications around certain e, you products. they require precise labeling based on the exact origin of an item, and they often involve winds, cheeses, and meets the you is australia's 3rd largest trade partner. let's go over that to marina strauss in our brussels bureau, marina. what is stopping this tre deal?

it's basically all about bees to put it in very simple words. so brussels made an offer that would allow some articles for products, some office training, lots of cultural products into the european market. but it's true to says, oh no, that's not, that's not enough. we really need meaningful access. also, lab rise, sugar, other agricultural products are at, at the at stake. you are part of the discussions, but this is a very difficult issue for you because some of you countries, for example, from a very protective when it comes to their farmers to the agriculture 2nd sector. also another controversial issue for australia is the question. if the parmesan cheese so cheese said looks like parmesan to taste the apartments. i'm can also be coal parmesan if it is produced in australia because the uses only cheeses that are produced in certain regions and easily can be called parmesan us. alright, we've heard some of these trade issues before with other trade deals. at the same

time, both sides have to be looking to get something significant from the other. what does each side one from the other in a free trade agreement? so for both sides this is a important right agreement when it comes to to politics and also a comics. but even if australia is by far not the largest trading pod north the european union. but it has critical role materials that they use. so desperate to needs for it's creating transitions. for example, a for is electric cars, also the ones to become less reliance on countries like china. it's the less than it has so basically learned due to russia's invasion of 2 crime and something new countries realize, oh, we fall to dependent on russian gas, for example. and australia has the same issue that also wants to become less reliant on their big neighbor china because they have realized that the very dependence and have also realized the trade leverage china has. it's

interesting to imagine parmesan cheese getting in the way of some of these bigger issues like critical minerals at the same time we have seen in recent years at the you has struggled to secure these major trade deals, whether with the us with canada, with major economies in latin america, why hasn't gotten harder, seemingly, to secure these deals? it has always been difficult to a line of 27. you remember stage level of different interest and mainly in the agriculture sectors, but also in other sectors. and it has always been difficult to align standards years standards with other standards in, in other regions of the world. but it is true that environmental issues also human rights questions has become more important in the last couple of years. it doesn't necessarily mean that the environmental questions are always part of these trade deals. usually then at the end, the economic questions take this interest days. but that's a small back,

less more people taking to the streets, the best take the mattress or try to you, for example, is the trade to the you or wants to close with less than american countries that use us. we are the password, much concerns about deforestation of the reign force and legend america. but then there's some other issue, the macro, so countries, investment americans say a, we don't want to be told what kind of standers to abide to by the european union. we want to see i to i and that's actually that question. this is who i end up wanting to be told by europe is a, an issue that often plays a role in these tried to write marina strauss and brussels on those negotiations between the you and australia on a free trade deal. thank you. marina or china has extended a package of stimulus measures for its trouble. real estate sector, including loan relief for property company struggling to make payments. the peoples bank of china and financial regulators said they want to ensure the delivery of

homes currently under construction, or some loans will be extended to next year. the relief is seen as part of a broader policy rollout to support in stabilize a property market. we're financing as all but dried off in recent months. overnighted, so it's on hon inside pay for more. so this is essentially an extension of measures that were announced last november. can we say, what did they really helped the property market to this point? yes, they have your right, but as you mentioned, it's nothing new. they are just mess just to make it easier for beauty. a pill loss on roll over old loss, but people are waiting for appropriate to stimulate the demand for housing to vitalize the housing market. so a lot of yourselves also lead to the lack of willingness of real estate companies to do that new projects and to start construction. so in the short term, in the case of themselves, returns financing have not improved speed difficult leads. real estate enterprises

are still facing greater challenge to cash flow, so it's difficult to show any significant improvement in the law in a short time. help us understand how heavily this flagging property sector in china is waiting on this economy as well. um, house the market as a main reason for the reason weakness in um china economy. prior to the corporate outbreak, the real estate market was an important driver. all the china's economic success. the end of a long period of prosperity in the real estate market can cost multiple damage to the economy. on the one hand, it will drag down the construction industry and all services related to home building and sells. on the other hand, home owners may cut back on spending for fear of losing their most valuable assets, which in turn will impact on private construction. and the addition, many enterprises in china use real assets as collateral for their loss. so when the

real estate market calls private investment will follow over all the shuttle all but the real estate market is likely to continue to them over china, us economy for a long time. not just until the end of this year. and as we've seen recent economic indicators and generally quite disappointing for china at the moment, showing an economy this impact flirting with deflation. you mentioned the stimulus that people are waiting on. can we expect more stimulus announcements from badging in the near future that we don't know. china's current situation is closer to that of japan in the 1980s. although japan was much richer than china, is now it's non, the growth has follow a similar, similar trajectory, a china overall past 15 years performances and has been driven by investment, a large portion of that capital flow into real estate. part of the problem was that the government wasn't too slow to react when japan is as the price bubble burst in

late 1989. unfortunately, kind of looks like it could follow in japan, splits that's many of the chinese government's economic policies are still em at a promoting export investment. well, discourage in consumption policies such as drifting in the social security system, which it could provide a permanent boost to household spending will take years to, to realize. right, so it's on 100 inside pay talking about the rece extension of those stimulus measures for the chinese property market. thank you. go over to do by now. modern megacity where residents still expected lush green vegetables despite the desert setting. but importing food is expensive and costly. for the environment, inter, vertical farming due by his just open the world's largest such operation. could it become a sign of things to come elsewhere in the world? sewing leaf, let us, but in stero phone without soul,

without the sun shot up around the place is a seed in each hole. hundreds of times i've been speaking the slow process. but the biochemist from india is only allowed to enter the extreme, the clean hall with a gown, gloves and a mouth guard spread over 5 floors. thousands of plants sprout in just 2 weeks. germs, fungi and insects are not allowed and nothing can be left to chance. precision is key and lead the lights switch off in phases. the temperature sits at a constant $23.00 degrees celsius, a special mix of nutrients fills the water. sensors monitor the process, a high tech factory for vegetable mass production in the middle east region. when they're fully grown, they're sold into by the demand for fresh vegetables is huge, and the city 80 percent is imported at a high cost of the environment,

vegetables from factories like this make more sense in the emeralds. it took 6 months to build the world's largest, where to go farm in the desert, a symbol of efficiency and independence. all the data is collected in the control room round the clock. robert fellows once perfect, touched with production, fewer and clean with no risks as the farm director promises. we don't use any form of insecticides, we don't use any form of it besides a full pesticides on our products. that completely clean. obviously what used externally obviously has the potential risk in terms of the products themselves and also the land that's around that. so we can guarantee multiple harvests, we can guarantee the uniformity of the product that we grow. and we can come obviously the continuity of the supply that product, $365.00 days a year, leafy greens, keel parsley spinach. and they're real good on these vegetables grow,

much faster indoors will show up or on the i has observed. and the girl with much less water, it is research related and filtered. that saves 95 percent compared to outdoor farming. the space required to grow with them is also much smaller. but the air conditioning and we machines consume a lot of energy and are expensive. it's the downside of factory made products. and here's a reminder of our top business story. as our talks over a free trade agreement agreement rather between the you and australia have stalled, brussels is hoping to gain better access to raw materials from australia and become less dependent on china. holding up an agreement, details over agricultural goods and policies. and that's it for our show. you can find out more on logic us out at the w dot com slash business. we're also on youtube. under the dw news channel, i'm thinking there's invalid. it's watching the

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